Daily Archives: 30 September 2008

Ethnic Conflict Stoked By Government Economic Intervention, Not Globalization, Study Finds

“According to Dr. Stephen Saideman and his former McGill Master’s student David Steinberg – now pursuing his doctorate at Northwestern University – the more government intervention there is in the local economy, the more likely interethnic violence and rebellion becomes. Conversely, the more economically open a society is, the less likely such violence becomes.” (Read more from sciencedaily.com)

Another reason to nix the bailout (and the Fed).

Fed Pumps Further $630 Billion Into Financial System

“The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis since the Great Depression.” (Read more from bloomberg.com)

They are propping up share prices by printing money out of thin air. Soon the dollar will be worth nothing, and stocks will crash anyway. I’m glad that a couple weeks ago, I moved the remaining 1/3rd of my retirement account into gold.

Meat must be rationed to four portions a week, says report on climate change

“People will have to be rationed to four modest portions of meat and one litre of milk a week if the world is to avoid run-away climate change, a major new report warns.” (Read more from guardian.co.uk)

My global warming skepticism is rooted in suggestions like this one which implicitly call for massive government power – whether it be national government or global government. If the noise is part of a global-governance movement, we’re still in an early phase. The people still need to be made to believe. Continue the propaganda.