Socio-Economics History Blog

Socio-Economics & History Commentary

Warning: Insider Selling Jumps to Highest Level Since 2007

  • The smoke and mirror continues. Stock market is rallying. Let’s be optimistic and let the casino continue right? We have a hot hand here!? The pandemic flu will not affect the economy materially right? I don’t think so! Bloomberg reports:
     
    April 24 (Bloomberg) — Executives and insiders at U.S. companies are taking advantage of the steepest stock market gains since 1938 to unload shares at the fastest pace since the start of the bear market.Gap Inc.’s founding family sold $45 million of shares in the largest U.S. clothing retailer this month, according to Securities and Exchange Commission filings compiled by Bloomberg. Daniel Warmenhoven, the chief executive officer at NetApp Inc., liquidated the most stock of the storage-computer maker in more than six years. Sales by the co-founders of Bed Bath & Beyond Inc. were the highest since at least 2001.
     
    While the Standard & Poor’s 500 Index climbed 28 percent from a 12-year low on March 9, CEOs, directors and senior officers at U.S. companies sold $353 million of equities this month, or 8.3 times more than they bought, data compiled by Washington Service, a Bethesda, Maryland-based research firm, show. That’s a warning sign because insiders usually have more information about their companies’ prospects than anyone else, according to William Stone at PNC Financial Services Group Inc.
     
    “They should know more than outsiders would, so you could take it as a signal that there is something wrong if they’re selling,” said Stone, chief investment strategist at PNC’s wealth management unit, which oversees $110 billion in Philadelphia. “Whether it’s a sustainable rebound is still in question. I’d prefer they were buying.”
     
    Insiders Sell
    Insiders from New York Stock Exchange-listed companies sold $8.32 worth of stock for every dollar bought in the first three weeks of April, according to Washington Service, which analyzes stock transactions of corporate insiders for more than 500 institutional clients.
     
    That’s the fastest rate of selling since October 2007, when U.S. stocks peaked and the 17-month bear market that wiped out more than half the market value of U.S. companies began. The $42.5 million in insider purchases through April 20 would represent the smallest amount for a full month since July 1992, data going back more than 20 years show. That drop preceded a 2.4 percent slide in the S&P 500 in August 1992.
     
    The index rose 1.7 percent to 866.23 today after the Federal Reserve said most banks that underwent stress tests hold enough capital and companies from Ford Motor Co. to American Express Co. posted better-than-estimated results.

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April 30, 2009 Posted by | Economics | | Comments Off on Warning: Insider Selling Jumps to Highest Level Since 2007

Dr. Russell Blaylock on 1976 Swine Flu and Current Outbreak

  • Dr. Russell Blaylock, is a board certified neurosurgeon, author and lecturer. An expert on nutrition and vaccines, he is also editor of the widely distributed Blaylock Wellness Report. He comments :
     
    I was in the military during the first swine flu scare in 1976. At the time it became policy that all soldiers would be vaccinated for swine flu. As a medical officer I refused and almost faced a court martial, but the military didn’t want the bad publicity. Despite the assurance by all the experts in virology, including Dr. Sabin, the epidemic never materialized.
     
    What did materialize were 500 cases of Gullian-Barre paralysis, including 25 deaths—not due to the swine flu itself, but as a direct result of the vaccine. At the time President Gerald Ford, on advice from the CDC, called for vaccination of the entire population of the United States.
     
    Today, some 33 years later, we are hearing the same cries of alarm from a similar lineup of virology experts. The pharmaceutical companies are busy designing a vaccine for the swine flu in hope that this administration will make the vaccine mandatory before another vaccine-related disaster can ruin their party.
     
    And as before, a number of equally qualified experts are calling for calm, based on a number of carefully conducted studies. To no one’s surprise, they too are being ignored by the media and government planners.
     
    According to science reports, this current strain of flu is H1N1. It can be forcibly inoculated into pigs, but it has been shown not to spread among the pig population. This means that the danger of a swine-based epidemic is small.
     
    There are several strains of this flu virus however, including H1N1, H1N2, H3N1, H3N2 and H2N3. What the science has shown is that when the virus passes through the pig, it becomes less virulent—that is, it is less likely to cause serious disease in people. With each passage, it becomes even weaker.
     
    Since this is not the answer that the pseudo-scientists wanted, they next announced that it is “possible” that the pigs could be infected with both the bird flu (strain H5N1) and the swine flu (strain H1N1), resulting in a mutant, highly virulent strain that could lead to a pandemic.
     
    Note this is pure speculation and that no scientist has ever performed this trick. It is purely hypothetical—like global warming. CDC virologists claim that in the past they performed a similar virological trick, but they never published their results and thus have kept the data close to the vest.
     
    In science, especially medical science, speculation is taboo. But, politicized scientists perform this bit of smoke and mirrors all the time. So, you may ask, “What about all the people dying in Mexico?”
     
    Overcrowding, poor nutrition and overall poor immunity, all of which are indigenous to Mexico, are a certain prescription for death from almost any infection. [Note that despite 46 cases of this very same flu in the United States there have been no deaths. This is because Americans, comparatively, have better nutrition and medical care.]
     
    Like SARS and bird flu before it, this swine flu scare is a lot of nonsense. Just take your high dose vitamin D3 (5000 IU a day), eat a healthy diet and take a few immune boosting supplements (such as beta-1, 3/1, 6 glucan) and you will not have to worry about this flu.
     
  • My fear is that this outbreak is bio-engineered. So I am not so optimistic that it will not become deadly in a large scale way. If this is strictly a ‘normal’ flu and not man made weapon, Dr. Blaylock’s opinion cannot be faulted. He is totally right when it comes to all the new swine flu vaccines being rushed out by Big Pharma. His experience in the 1976 swine flu outbreak should serve as a stringent warning.  Patrick Wood and Dr. Blaylock comments:
     
    Are globalist fear-mongers driving the media to panic the public into universal healthcare solutions? Or federally-mandated vaccinations?By definition, a “pandemic” is an epidemic that is geographically widespread. Fear-mongers are always careful to add the innuendo that millions of people could and probably will die, as in the Spanish Flu pandemic of 1918 that killed between 20 and 100 million people worldwide.
     
    Excuse me, but how does the death of even a few hundred equate to 20 million? Mexico, not the usual Southeast Asia, is the origin of the latest flu outbreak. It has spread in limited numbers to several continents. Almost all of the deaths, limited as they are, are in Mexico. The ratio of deaths to infections is very small.
     
    Again, how does this outbreak even remotely qualify as a pandemic? Answer: It does not! Scientists and virus researchers are baffled because the genetic makeup of the virus contains elements of human, swine and bird flu from three geographic regions: North America, Europe and Asia. Until now, this has been unknown in nature, but not theoretically impossible.  (see
    New flu combines pig, bird, human virus and  Mexico Seeks to Stop Spread of Deadly Flu)
     
    Because of its unique genetic makeup, this writer proposes calling it the “flying pig flu”, or FPF, instead. This writer is hardly qualified to write with authority about the scientific side of viruses. However, after reading several authoritative papers on swine and avian flu, several observations can be made.
     
    In the world of virus experts, there are two types of researchers: Observers and Experimenters.
     
    Observers
    Most researchers are highly trained scientific observers. These “Sherlock Holmes” scientists examine the pathology of virus development. Where did it originate? What animals or human were involved? Did the infected humans handle animals? Are certain strains limited to geography? You get the idea.
     
    Without good observers, we would know little about the source or spread of different viral strains. There are several good Internet resources where the findings of research observers are published. (For instance, see H5N1 – Ultimate News on mutation)
     
    We should be thankful for astute observers who can untangle mysteries that would otherwise not be understood.
     
    Experimenters
    A minority of researchers are experimenters. This group is worrisome. Experimenters establish their playground in trying to create different types of viruses in order to measure their effect on test animals.
     
    Such was the case at Baxter AG, when such an experiment was “accidentally” released as a live virus in a vaccine distributed to 18 countries. (See
    Baxter: Product contained live bird flu virus). In this case, the live H5N1 virus (avian flu) was combined with the much more contagious (human) H3N2 virus.
     
    Experts say that it is almost impossible for Baxter to make such a grievous error by accident. Czech newspapers, where the story was originally broken, suggest it was a rogue employee or a mole that purposely mixed the virus’ together, but nothing has been proven as yet. Baxter is now under great suspicion that it is attempting to foment a pandemic that would bring hundreds of millions of dollars in revenue to supply its normal H5N1 vaccine.
     
    Another example is the Center for Disease Control in Atlanta, Georgia. In a 2004 report,
    CDC to mix avian, human flu viruses in pandemic study, it was noted that,
     
    “The Centers for Disease Control and Prevention (CDC) will soon launch experiments designed to combine the H5N1 virus and human flu viruses and then see how the resulting hybrids affect animals. The goal is to assess the chances that such a “reassortant” virus will emerge and how dangerous it might be.”
     
    Critics worried that such a “franken-virus” could itself cause a pandemic if it escaped from its creators. The CDC’s only response is that their facilities were more secure than others who had experienced breaches of some sort in years past. Why would the CDC risk world exposure to an artificially created virus? According to the above report, it was done in the name of preparedness.
     
    As mentioned above, experimenters are a worrisome lot. Real world experience indicates that they are generally overconfident in their scientific prowess and in their abilities to contain the unpredictable fruit of their experiments.
     
    Conclusion
    There are some big problems with the current outbreak of flying pig flu. If there has been foul play, it may never be brought to light. Still, tough questions need to be asked:
     

    • While it is not unknown for pigs to become infected with the H5N1 virus, the result has always been a less-lethal and less-contagious virus than avian flu by itself. Why is this epidemic so obviously contagious?
       
    • How would genetic code from three continents find its way into a single strain in Mexico City?
       
    • Is this virus an escaped experiment from a project gone awry?
    • If man-made and not accidentally released, then who released it, and why?

As we contemplate these questions, watch the stock prices of major pharma companies skyrocket as they gear up to sell billions in vaccines. Watch governments as they declare mandatory vaccination programs. Watch the Obama administration as it railroads universal health care through Congress.
 
Indeed, flying pig flu may be just the right name for whatever is responsible for this particular flu outbreak. In the meantime, we can reopen this case when pigs fly or when 10 million or so people have died, whichever comes first. 

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April 30, 2009 Posted by | History, Medicine & Health | , | 43 Comments

Dr. Bill Deagle: The Globalist Eugenics Dream Plan Has Been Released!

  • Alarming feedback from medical workers on the ground in Mexico. Doctors and nurses dying. Many doctors and nurses quitting. No amount of anti-viral seem to work. This is not what we are hearing in the MSM. The amount of dead is grossly under stated. Draw your own conclusions!

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April 30, 2009 Posted by | Medicine & Health | , | 3 Comments

Global Economy on the Disastrous Road of Hope

  • People who study history realize that we are in the midst of an epochal period of future history. However, you slice and dice it, it is evident that the period we have entered into since October 2008 is no ordinary, boring and immemorable span of world history. We will talk about it as the eventful past, decades into the future. Historians will no doubt write voluminous books on this period.
     
  • History is in the making and it is really fascinating. All the drama, the cloak and dagger, the human tragedies, war and social upheaval is being played out in front of our eyes. Daryl Schoon observes :
     

    Everyone hopes a miracle like this will happen to the global economy.

    Everyone hopes a miracle like this will happen to the global economy.

    This is what will happen instead.

    This is what will happen instead.

     
    Those without hope, despair. Those without faith, hope.

    The collapse of the global economy is the result of historic levels of defaulting debt that cannot be reversed by more credit. While hope is understandable in such dire circumstances, it will not prevent what is happening. A global economic collapse is now inevitable; after which real economic change will then be possible.
     
    CENTRAL BANKING—THE FRANCHISE OF PAPER MONEY
    Only a total systemic collapse can lead to substantive change, a collapse that is now under way. The success of central banking led to the belief that economic well-being is the result of central bank credit. That belief will be discarded only when the consequence of central bank credit— defaulting debt—results in a global catastrophic depression.
     
    Until that occurs, the world will persist in the belief that central bank credit is good and more central bank credit is better. The idea that central bank credit-based paper money could solve mankind’s problems was irresistible to both conservative and liberal politicians, hence its global spread, a spread accompanied by Gresham’s Law wherein bad money drives out good.
     
    Now that the entire world is on the thin ice of central bank fiat money, the ice is rapidly melting and when it does, everyone will be affected. Previously, currency crises happened in specific countries. The next currency crisis will be global.
     
    Switzerland was the last nation to succumb to central bank paper money and it is now paying the price for so doing. Unfortunately for the Swiss and for everyone else, the full price has yet to be paid; and, when it is, the world will be reduced to a shadow of its presently credit-bloated self.
     
    THE LOSS OF HOPE WILL LEAD TO CHANGE:
    Out of the collapse of the present system, a new system will emerge, a process that has been repeated throughout history. That it has come again in our time may be unfortunate; but, it is unavoidable.
     
    Since apparently everything in America is going into the toilet except the public’s faith in Barack Obama, it seems that the way to fix everything in America is to entrust it to Barack Obama. – Derek Thompson, The Atlantic Magazine, April 25, 2009
     
    Barack Obama’s election is, in fact, the necessary precursor of the fundamental economic change that is about to occur. The election platform of hope will lead to the realization that hope, in and of it self, is no solution at all and until that realization comes, substantive change will not.
     
    Until we understand that central bank credit is the problem, not the solution, nothing will change economically; and, because President Obama’s policies are so intertwined with the interests of Wall Street bankers and the Fed, only after Obama’s hoped-based initiatives fail will we then seek an alternative.
     
    DEATH KNELLS DEATH THROES
    The attempts to prop up the collapsing system of central banking must not be underestimated. Central banking is a franchise which benefits both banks and governments alike and the power and wealth of both is at stake.
     
    That past attempts to curtail the growth of government and profits of bankers have proved futile is not cause for despair; for the end of central banking and centralized government will not come from without, but from within. Their end will be a result of their own doing, not of others.
     
    We are at the end of an epoch and such times are marked by crises and turmoil. Some are caused by the failure of present systems to solve new problems. Others are caused by the present system’s attempts to stay in power. As the power of current power structures wane, such attempts will increase.

     
  • The appearance of swine flu has ‘cloak and dagger’ written all over it. Was there an attempt to assassinate Obama? The history of swine flu is intimately tied to the military. Many questions remain unanswered not just for the present H1N1 outbreak but for the 1976 and 1918 cases. Daryl Schoon again :
     
    Although President Obama has not yet challenged Wall Street, other powerful interest groups see the President as a threat; and, the unexpected reappearance of swine flu may, in fact, be the result of a failed attempt to eliminate Obama and his mandate of change.
     
    On April 25th, Bloomberg reported Mexico’s Calderon Declares Emergency Amid Swine Flu Outbreak
    …The first case was seen in Mexico on April 13. The outbreak coincided with the President Barack Obama’s trip to Mexico City on April 16. Obama was received at Mexico’s anthropology museum in Mexico City by Felipe Solis, a distinguished archeologist who died the following day from symptoms similar to flu,  Reforma newspaper reported.
      …..
    Some, in fact, believe that swine flu was the first deliberate use of a biological weapon in modern warfare. It also should be noted that swine flu attacks healthy young adults instead of the elderly and the very young as do other strains of influenza.
     
    When I read the above story I hadn’t been aware of the connection between the Great Plague, swine flu, and its circuitous route from a southern army base in the US to Europe and from there to the rest of the world, nor of the role swine flu played in the victory over German forces in WWI or its isolated and curious reappearance at Fort Dix, a US army base, in 1976.
     
    It is perhaps only coincidence that swine flu’s history is linked to the US Army and that President Obama was exposed to swine flu on his recent visit to Mexico and that Donald Rumsfeld, former US Secretary of Defense, was chairman of Gilead, the company that developed Tamiflu, the antidote to swine flu.
     
    Question #1: When does coincidence become a pattern?
    Question #2:Will Donald Rumsfeld and Gilead profit from a swine flu pandemic as did Halliburton, Dick Cheney’s former company, from the Iraq war?
     
    HOPE AND FAITH
    The sudden threat of swine flu is but another sign that we are in a time of crisis. Today, grain supplies are dangerously low as drought conditions affect China, Texas, and California. That a flu pandemic now threatens the world as does starvation and another Great Depression is no coincidence.
      ……
    …. The world we see today is not the world of cooperation and harmony Fuller predicted. There is a great distance between that world and our present world, a distance that would perhaps disappear under the extreme duress of an unprecedented global crisis.
     
    Although a man of a great many words, Bucky chose his words carefully, as tools to convey exactly what he meant. When he chose the word unprecedented to describe the crisis mankind would face, he meant exactly what that word conveys.
     
    We are in an era of great change, a time when the universal polarities of east and west, male and female, and yin and yang are being forced together in order to survive what each alone cannot.
     
    Hope will not get us through this crisis. Only faith has capacity to do so.

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April 30, 2009 Posted by | Economics, GeoPolitics, Medicine & Health | , | 1 Comment

Swine Flu Pandemic At Level Phase 5

April 30, 2009 Posted by | Medicine & Health | , | Comments Off on Swine Flu Pandemic At Level Phase 5

1971 San Francisco Chronicle: CIA Link to Cuban Pig Virus

  • Interesting article, link :
     
    New York
    With at least the tacit backing of U.S. Central Intelligence Agency officials, operatives linked to anti-Castro terrorists introduced African swine fever virus into Cuba in 1971.
     
    Six weeks later an outbreak of the disease forced the slaughter of 500,000 pigs to prevent a nationwide animal epidemic. A U.S. intelligence source told Newsday last week he was given the virus in a sealed, unmarked container at a U.S. Army base and CIA training ground in the Panama Canal Zone, with instructions to turn it over to the anti-Castro group.
      
     The 1971 outbreak, the first and only time the disease has hit the Western Hemisphere, was labeled the “most alarming event” of 1971 by the United Nations Food and Agricultural Organization. African swine fever is a highly contagious and usually lethal viral disease that infects only pigs and, unlike swine flu, cannot be transmitted to humans. All production of pork, a Cuban staple, halted, apparently for several months.
      
    A CIA spokesman, Dennis Berend, in response to a Newsday request for comment, said, “We don’t comment on information from unnamed and, at best, obscure sources.”  Why the virus turned up in Cuba has been a mystery to animal investigators ever since the outbreak. Informed speculation assumed that the virus entered Cuba either in garbage from a commercial airliner or in sausages brought in by merchant seamen.
      
    However, on the basis of numerous interviews over four months with U.S. intelligence sources, Cuban exiles and scientists concerning the outbreak — which occurred two years after then-President Nixon had banned the use of offensive chemical and biological warfare — Newsday was able to piece together this account of events leading up to the outbreak.
      
     The U.S. intelligence source said that early in 1971 he was given the virus in a sealed, unmarked container at Ft. Gulick, an Army base in the Panama Canal Zone. The CIA also operates a paramilitary training center for career personnel and mercenaries at Ft. Gulick.
      
     The source said he was given instructions to turn the container with the virus over to members of an anti-Castro group. The container then was given to a person in the Canal Zone, who took it by boat and turned it over to persons aboard a fishing trawler off the Panamanian coast. The source said the substance was not identified to him until months after the outbreak in Cuba. He would not elaborate further.
      
    Another man involved in the operation, a Cuban exile who asked not to be identified, said he was on the trawler when the virus was put board at a rendezvous point off Bocas del Toro, Panama. He said the trawler carried the virus to Navassa Island, a tiny, deserted, U.S.-owned island between Jamaica and Haiti. From there, after the trawler made a brief stopover, the container was taken to Cuba and given to other operatives on the southern coast near the U.S. Navy base at Guantanamo Bay in late March, according to the source on the trawler. The base is 100 miles due north of Navassa.
      
    The source on the trawler, who had been trained by the CIA and had carried out previous missions for the agency, said he saw no CIA officials aboard the boat that delivered the virus to the trawler off Panama, but added: “We were well paid for this and Cuban exile groups don’t have that kind of money . . .”
      
    He said he was revealing the information because he is a member of an exile group being investigated by the United States in connection with terrorist activity in Florida. His account was confirmed by another intelligence source in Miami. The source said he had no proof that the operation was approved by CIA officials in Washington, but added: “In a case like this, though, they would always give them (CIA officials in Washington) plausible deniability.”
      
    The investigation referred to by the operative on the trawler involves a federal inquiry into terrorist acts allegedly carried out by Cuban exiles. Those include bombings and assassination attempts in the United States and Venezuela. Trained originally by the CIA for operations against Cuba, the exiles have become more restive as they view what they believe to be an increasing move toward rapprochement between Fidel Castro and the United States.
     

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April 30, 2009 Posted by | History, Medicine & Health | | 1 Comment

Indonesia Floats Idea of Man-Made Swine Flu

  • Many experts have come out and said that this is a man made bio-engineered weapon. I have documented them on this blog. Just read the articles of the past 5 days and watch the videos. The plan seems to be: in phase 2 of this outbreak, the perpetrators will combine the current strain of H1N1 with the more deadly H5N1. H5N1 does not spread human to human easily but its kill rate is 60%.
     
  • Press TV reports:
     
    As swine flu continues to take its toll, claims surface that the deadly four-part flu virus could have been created for “bio-terror attacks.” Speaking at a conference to reassure the public over hers government’s response to the swine flu threat, Indonesian Heath Minister Siti Fadilah Supari said Tuesday that the controversial virus could have been man-made.
     
    She declined to elaborate on her claim but she had previously accused Western governments of making and spreading viruses in the developing world to boost pharmaceutical companies’ profits, AFP reported. 
     
    “I’m not sure whether the virus was genetically engineered but it’s a possibility,” Supari said. Supari assured Indonesians that the deadly virus could not survive in tropical countries like Indonesia which was the worst hit country by the bird flu virus.
     
    “H1N1 survives in countries with four seasons. The type A H1N1 virus hopefully won’t be able to sustain itself once it enters the tropical climate of Indonesia,” she added. No cases of swine flu have been reported in Indonesia. It has banned imports of live pigs and pork products.
     
    The World Health Organization (WHO) has raised its pandemic alert to level four, which means the virus is capable of significant human-to-human transmission. The virus has so far killed nearly 150 people in Mexico and has been reported in eleven countries, including Mexico, the US and Spain.
     
    Several other countries from Colombia to New Zealand are investigating suspected cases. Health experts say the virus comes from the same strain of virus that causes seasonal outbreaks in humans. They point out that this newly-detected version, which is highly contagious and fast-mutating, also contains genetic material from the types of influenza that afflict swine and birds. 

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April 30, 2009 Posted by | Medicine & Health | , | Comments Off on Indonesia Floats Idea of Man-Made Swine Flu