Sugar drug freely administered to kids daily

Ever noticed how many people are walking around with sugary drinks in their hands?

The picture below gives a sense of the sugar drug being consumed in each.  Then there are all the sugar-heavy coffee concoctions people are hooked on as well.
Sugar in drinks

 

 

 

 

 

 

 

 

The health costs are astronomical, especially for our next generations. See: CDC, health, youth obesity facts:

  • Childhood obesity has more than doubled in children and quadrupled in adolescents in the past 30 years.  In 2012, more than one third of children and adolescents were overweight or obese.
  • Children and adolescents who are obese are at greater risk for diabetes, bone and joint problems, sleep apnea, and social and psychological problems such as stigmatization and poor self-esteem.
  • Children and adolescents who are obese are likely to be obese as adults and are therefore more at risk for adult health problems such as heart disease, type 2 diabetes, stroke, several types of cancer, and osteoarthritis.
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Are IPO’s for suckers? Of course!

Initial Public Offerings (IPO’s) are for insiders and early investors who bought low to cash out by selling high to the retail crowd while the brokers make eye-watering commissions in the process.  Tom Keene’s comments here that this is “a completely changed environment” is laughable.  IPO’s were always thus, and the business media have always been happy to help their sponsors move product on to the gullible public

Initial Public Offerings in the United States are trailing levels from 2014 as investors find smaller returns on offerings and companies opt for rounds of private funding over entering the public market.  Here is a direct video link.

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Financial suicide: enriching and protecting felons

It is quite simple: punish actors not faceless corporations and follow the chain of command up to the highest paid executives and their legal and accounting advisers. We did this following financial fraud epidemics in the 1930′s, 1980′s and to some extent the early 2000′s following the tech wreck. The so called ‘smartest guys in the room’ (cough) can’t extract grotesque compensation based on profits made (after government bailouts) and then also deny responsibility for crimes committed in creation of those profits.

Chris Whalen had some refreshingly sensible comments on these issues this morning:

Chris Whalen, senior managing director at Kroll Bond Rating Agency, talks about the need for criminal prosecution of bankers and the Federal Reserve’s role in bank regulationHere is a direct video link.


More here:  the Fed’s zero rate policies have taken a trillion a year of income from savers. All to unfairly and temporarily reflate bank profits (just until they implode again): not a good trade for the 99.9%. Here is a direct video link.

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Schools keeping up affluent appearances with mounting debt

It’s not just students and parents and grandparents who are drowning in debt today.  Schools are too.

In the credit boom, schools have become focused on promoting lifestyle and affluent appearances more than quality education. Showy things like state of the art stadiums, pools, grounds and buildings are expensive to build and maintain. Schools have increasingly used debt to ‘keep up with the Jones’ and all of this has compounded tuition costs far beyond reason.

In turn this means much education has been priced within reach of only the most affluent and those willing to borrow mind-boggling sums to attend. See:  NYC Prep schools binge on debt to lure rich with pools, labs

“It exactly parallels what is happening with colleges,” said Emily Glickman, a New York City-based private school admissions consultant. “If you have to pay a boatload of money, you want to get the most that you can. It’s hard to claim to be a really prestigious private school if your facility looks old.”

To lure students, U.S. universities have borrowed more than $250 billion in the municipal market over the past decade for labs, dormitories and gyms with features like rock-climbing walls. For public colleges, it’s a way to attract higher-paying out-of-state students. For private ones, to best the competition…

As endowments swell and parents put a priority on science and technology, schools are borrowing to spruce up their campuses while interest rates hold near the lowest since the 1960s. Bond sales by New York’s private and religious schools are on pace this year to exceed the almost $280 million issued in 2002, the highest on record, according to data compiled by Bloomberg.

The cruel, immoral irony of all of this of course is that bankers and their debt sales have enabled this indentured house of cards, profiting grotesquely from the build, and then again from taxpayer bailouts when the system imploded in 2008 and in the QE re-ramp since. Hence not surprising then, that these same finance types are now some of the few who can afford to pay the exorbitant sums for private schools, universities, private clubs, bequests and the like. As ‘esteemed patrons’ they are also then (of course) invited to sit on all the prestigious boards and offer counsel and advice to these same institutions.

“The schools are popular with Wall Street bankers and hedge-fund managers. At the Ethical Culture Fieldston School, the board includes Laura Jacobs Blankfein, an alumna and wife of Goldman Sachs Group Inc.’s chief executive officer, and Margaret Munzer Loeb, who’s married to billionaire hedge fund manager Daniel Loeb. Bank of America Corp. Chief Operating Officer Thomas Montag is a Riverdale trustee.”

All of these parts of our current global malaise are related. We have seen this mess before in the 1920′s debt boom and financial crash, and the years of painful unwinding thereafter. We know how to stop making matters worse and reverse course. It begins with cutting the line of credit between the government and the bankers, and pushing the debt genie back into the bottle once more. It also requires the masses to stop worshiping finance types just because they are ‘rich’ and start appreciating how so often those riches are being savagely extracted from everyone else. It further requires our legal system to stop offering bankers deference and start enforcing the rule of law and personal, individual accountability. We, the people, cannot afford for the status quo to continue.

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New report highlights the plight of insolvent seniors

Debt is the plague that ills us in every age group today. A special thanks is owed to the bankers for all their financial ‘innovation’.

A new report confirms that unlike their parents, Canadian seniors are increasingly carrying debt and filing for bankruptcy. Here is a direct video link.

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Pumping renewable energy to the grid

To sustain good health it matters what food we put in our bodies and what energy we pump through the power grid. We can change self-destructive habits. One of the ways to support the shift to health, is to sign up with a clean energy broker in your area.

We have been customers of bullfrog power at our home and office since it started in 2005. Small steps add up. Here is a direct video link.

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