Socio-Economics History Blog

Socio-Economics & History Commentary

Henry Niman: Half A Million People May Now Be Infected With A/H1N1 In New York City

  • Henry L. Niman of Recombinomics gives his assessment on the A/H1N1 swine flu situation in America. He feels that as many as half a million may be infected in New York City and as many as 7 million people in the whole of America.
  • This interview with Jeff Rense was broadcasted on 10 June 2009. Listen to the interview in MP3 format here. See also: WHO Ready To Declare A Swine Flu Pandemic .
  • Henry L. Niman :
    Recombinomics, Inc. Founder and President, Henry L Niman earned a PhD at the University of Southern California in 1978.  His dissertation focused on feline retroviral expression in tumors in domestic cats. 
    He took a postdoctoral position at Scripps Clinic and Research Foundation where he developed monoclonal antibody technology.  He fused monoclonal antibody and synthetic peptide technologies and accepted a staff position at Scripps. 
    In 1982, he developed the flu monoclonal antibody, which is widely used throughout the pharmaceutical, biotech, and research industries in epitope tagging techniques.  He also produced a broad panel of monoclonal antibodies against synthetic peptides of oncogenes and growth factors.  These monoclonal antibodies were distributed worldwide to researchers by the National Cancer Institute.  The antibodies identified novel related proteins which correlated with clinical parameters. 
    This technology was used to form ProgenX, a cancer diagnostic company that became Ligand Pharmaceuticals.  Dr Niman subsequently identified protein expression patterns at the University of Pittsburgh.  More recently, he became interested in infectious diseases while at Harvard Medical School.  He then founded Recombinomics and discovered how viruses rapidly evolve.  These latest findings are the subject of recent patent filings.


June 11, 2009 Posted by | Medicine & Health | | 1 Comment

Jim Rogers: The Worse Is Not Over!

  • Jim Rogers explains why we should not believe in US government statistics. He explains how inaccurate the Unemployment figure can be because of the Birth/Death model.
  • Rogers thinks the only way America can get out of their debt hole is by inflation. Inflation causes hard assets to rise in value while paper debts drop in value relatively.


June 11, 2009 Posted by | Economics | , , , , , | Comments Off on Jim Rogers: The Worse Is Not Over!

Doctors Warn: Avoid Genetically Modified Food

  • So, all the talk that GM food are safe are essentially lies? Once you get big corporations with quite a few hidden agendas driving the agriculture business, safety to consumers isn’t the main issue. Profit is. It makes me wonder what the real agenda of GM food is? Depopulation? Creating more sick people? You never know. Jeffrey M. Smith reports :
    On May 19th, the American Academy of Environmental Medicine (AAEM) called on “Physicians to educate their patients, the medical community, and the public to avoid GM (genetically modified) foods when possible and provide educational materials concerning GM foods and health risks.”[1]They called for a moratorium on GM foods, long-term independent studies, and labeling. AAEM’s position paper stated, “Several animal studies indicate serious health risks associated with GM food,” including infertility, immune problems, accelerated aging, insulin regulation, and changes in major organs and the gastrointestinal system. They conclude, “There is more than a casual association between GM foods and adverse health effects. There is causation,” as defined by recognized scientific criteria. “The strength of association and consistency between GM foods and disease is confirmed in several animal studies.”
    More and more doctors are already prescribing GM-free diets. Dr. Amy Dean, a Michigan internal medicine specialist, and board member of AAEM says, “I strongly recommend patients eat strictly non-genetically modified foods.” Ohio allergist Dr. John Boyles says “I used to test for soy allergies all the time, but now that soy is genetically engineered, it is so dangerous that I tell people never to eat it.”
    Dr. Jennifer Armstrong, President of AAEM, says, “Physicians are probably seeing the effects in their patients, but need to know how to ask the right questions.” World renowned biologist Pushpa M. Bhargava goes one step further. After reviewing more than 600 scientific journals, he concludes that genetically modified organisms (GMOs) are a major contributor to the sharply deteriorating health of Americans.
    Pregnant women and babies at great risk
    Among the population, biologist David Schubert of the Salk Institute warns that “children are the most likely to be adversely effected by toxins and other dietary problems” related to GM foods. He says without adequate studies, the children become “the experimental animals.”[2]

    The experience of actual GM-fed experimental animals is scary. When GM soy was fed to female rats, most of their babies died within three weeks—compared to a 10% death rate among the control group fed natural soy.[3]
    The GM-fed babies were also smaller, and later had problems getting pregnant.[4]
    When male rats were fed GM soy, their testicles actually changed color—from the normal pink to dark blue.[5]
    Mice fed GM soy had altered young sperm.[6] Even the embryos of GM fed parent mice had significant changes in their DNA.[7] Mice fed GM corn in an Austrian government study had fewer babies, which were also smaller than normal.[8]
    Reproductive problems also plague livestock. Investigations in the state of Haryana, India revealed that most buffalo that ate GM cottonseed had complications such as premature deliveries, abortions, infertility, and prolapsed uteruses. Many calves died. In the US, about two dozen farmers reported thousands of pigs became sterile after consuming certain GM corn varieties. Some had false pregnancies; others gave birth to bags of water. Cows and bulls also became infertile when fed the same corn.[9]

    In the US population, the incidence of low birth weight babies, infertility, and infant mortality are all escalating.
    Food designed to produce toxin
    GM corn and cotton are engineered to produce their own built-in pesticide in every cell. When bugs bite the plant, the poison splits open their stomach and kills them. Biotech companies claim that the pesticide, called Bt—produced from soil bacteria Bacillus thuringiensis—has a history of safe use, since organic farmers and others use Bt bacteria spray for natural insect control. Genetic engineers insert Bt genes into corn and cotton, so the plants do the killing.
    he Bt-toxin produced in GM plants, however, is thousands of times more concentrated than natural Bt spray, is designed to be more toxic, [10] has properties of an allergen, and unlike the spray, cannot be washed off the plant. Moreover, studies confirm that even the less toxic natural bacterial spray is harmful. When dispersed by plane to kill gypsy moths in the Pacific Northwest, about 500 people reported allergy or flu-like symptoms. Some had to go to the emergency room.[11][12]
    The exact same symptoms are now being reported by farm workers throughout India, from handling Bt cotton.[13]
     In 2008, based on medical records, the Sunday India reported, “Victims of itching have increased massively this year . . . related to BT cotton farming.”[14]
    Read the rest here.


June 11, 2009 Posted by | Medicine & Health | 3 Comments

Roubini: Those Are Yellow Weeds, Not Green Shoots!

  • Dr Doom, Professor Nouriel Roubini, has been spot on regarding this crisis. This is what he has to say about all the ‘green shoots’ happy talk:
     9 Reasons For Pessimism:

    • First, employment is still falling sharply in the U.S. and other economies. This will be bad news for consumption and the size of bank losses.
    • Second, this is a crisis of solvency, not just liquidity, but true deleveraging has not really started, because private losses and debts of households, financial institutions, and even corporations are not being reduced, but rather socialized and put on government balance sheets. Lack of deleveraging will limit the ability of banks to lend, households to spend, and firms to invest.
    • Third, in countries running current-account deficits, consumers need to cut spending and save much more for many years. Shopped out, savings-less, and debt-burdened consumers have been hit by a wealth shock (falling home prices and stock markets), rising debt-service ratios, and falling incomes and employment.
    • Fourth, the financial system — despite the policy backstop — is severely damaged. So the credit crunch will not ease quickly.
    • Fifth, weak profitability, owing to high debts and default risk, low economic — and thus revenue — growth, and persistent deflationary pressure on companies’ margins, will continue to constrain firms’ willingness to produce, hire workers, and invest.
    • Sixth, rising government debt ratios will eventually lead to increases in real interest rates that may crowd out private spending and even lead to sovereign refinancing risk.
    • Seventh, monetization of fiscal deficits is not inflationary in the short run… slack product and labor markets imply massive deflationary forces. But if central banks don’t find a clear exit strategy from policies that double or triple the monetary base, eventually either goods-price inflation or another dangerous asset and credit bubble (or both) will ensue.
    • Eighth, some emerging-market economies with weaker economic fundamentals may not be able to avoid a severe financial crisis, despite massive IMF support.
    • Finally, the reduction of global imbalances implies that the current-account deficits of profligate economies (the U.S. and other Anglo-Saxon countries) will narrow the current-account surpluses of over-saving countries (China and other emerging markets, Germany, and Japan). But if domestic demand does not grow fast enough in surplus countries, the resulting lack of global demand relative to supply — or, equivalently, the excess of global savings relative to investment spending — will lead to a weaker recovery in global growth, with most economies growing far more slowly than their potential.

So, green shoots of stabilization may be replaced by yellow weeds of stagnation if several medium-term factors constrain the global economy’s ability to return to sustained growth. Unless these structural weaknesses are resolved, the global economy may grow in 2010-2011, but at an anemic rate.


June 11, 2009 Posted by | Economics | , , , , , , | Comments Off on Roubini: Those Are Yellow Weeds, Not Green Shoots!

Republican Congressman Kirk Says China Is Investing Away from Dollar… Bought Enough Gold to Fill Up Ft. Knox Twice

  • Is Tiny Tim Geithner telling the truth about the feedback he has from China: Everything is positive and A OK? Or are the Chinese very very worried? Republican Congressman Mark Kirk :
    “China has lent about $300 billion to the US for Fannie Mae and Freddie Mac. They’re very worried about that; another $700 billion in treasury bills. And. they’re particularly worried about the feds new policy of buying treasury debt. Cause they’re worried that one part of the federal government is buying another part of the federal government. Sounds like printing money… They already are beginning to hedge. I think they expect quite a bit of inflation in the United States next year, so they made a major investment. They funded a second strategic petroleum reserve and they plan to buy $80 billion worth of gold. That’s two Fort Knox’s. Both of those investments only make sense if you expect significant dollar inflation.” 


June 11, 2009 Posted by | Economics | , , , , | Comments Off on Republican Congressman Kirk Says China Is Investing Away from Dollar… Bought Enough Gold to Fill Up Ft. Knox Twice