Whole Foods Prisoners, Greek Canary, Media Silence - New World Next Week

[Dokkie]

Run time: 15:12 https://www.youtube.com/watch?v=xOYr3CDopYk   Posted on YouTube: June 23, 2011 By YouTube Member: corbettreport Views on YouTube: 303   Posted on DU: June 24, 2011 By DU Member: Dokkie Views on DU: 1038

 
Welcome back to http://NewWorldNextWeek.com - the video series from
Corbett Report and Media Monarchy that covers some of the most
important developments in alternative news and open source
intelligence. This week:

Story #1: Lawsuit Says Whole Foods 'Organic' China Veggies from Polluted Prisons
http://ur1.ca/4i248
Flashback: Organic Giants Whole Foods, Organic Valley and Stonyfield
Accused of Compromising on GMOs
http://ur1.ca/4i24c
Related: Justices Rule for Wal-Mart in Class-Action Bias Case
http://ur1.ca/4i24e

Story #2: Financial Collapse of Greece - Canary in the Coalmine for
Global Economy?
http://ur1.ca/4i24f
Update: Greece's Papandreou Survives Confidence Vote
http://ur1.ca/4i24h

Story #3: 12 Things That The Mainstream Media Is Being Strangely Quiet
About Right Now
http://ur1.ca/4i24k
Related: As Nuclear Plants Face Floods, Are We Inches Away From 'Fukushima USA'?
http://ur1.ca/4i24l

Subscribe to http://NewWorldNextWeek.com to get hi-quality episodes to
download, burn and share. And as always, stay up-to-date by
subscribing to the feeds from Corbett Report http://ur1.ca/39obd and
Media Monarchy http://ur1.ca/kuec Thank you.

Previous Episode: Daily Dosimeters, Solar Storms, Hack Attacks
http://ur1.ca/4i24o
Category:
News & Politics
Tags:
whole foods parking lot greece economy euro crash media coverup nwnw
License:
Creative Commons Attribution license (reuse allowed)

[efhmc]

1. FYI unless a food product says product of USA, it is from

another country. People who have USA grown products are proud of it and that fact will be on the label. Do not be fooled when it says distributed by a US company. That's a real good clue that it is from China and the company wants to hide that fact.

[JDPriestly]

2. As for Greece, loans are a two-way deal.

There is very little difference, just a thread's difference between a loan and a cash investment.

So, if a loan goes bad, the lender should be taken to the cleaners along with the borrower. Both parties made a bad deal. The lenders in this case may have known well that Greece would eventually default.

When a country defaults, the lender-vultures come in and buy all the valuable assets. That should not be allowed. Lenders have to take their responsibilities seriously, just as borrowers do.

I think Greece should pay a reasonable amount on its debts, impose reasonable cut-backs in its expenditures that do not result in suffering or civil unrest. But the lenders have to make a deal and recognize their losses too.

Loans are two-way streets. That goes for student loans too.

A lender has to judge whether the collateral or security offered is sufficient to justify the loan at the agreed interest rate. This is a problem with student loans when people borrow money to study in fields in which it is unlikely that they can earn enough to repay the loan.

There is irresponsibility, lack of realism and error on both sides of loans that go really, really bad. We have to make the lenders take a loss when they make foolish investments.

We have all received this e-mails from various third world countries stating that the sender's banker uncle has died and left funds for the sender, but that the sender needs help in the form of a check in order to access the funds. The sender always asks that the e-mail recipient send the money right away and then promises to pay the money back with profits.

Of course, the Nigerian banker-uncle e-mail is a scam. We all recognize that. We don't fall for it.

We also don't fall for it when our alcoholic family members ask for loans and promise to repay us when things get better. We know very well that things are not going to get better for that person. If we "lend" the money, we just add it to our list of bad debts as soon as the money is out the door.

Until we make lenders suffer for their irresponsibility as we have the delinquent debtors, irresponsible lending will continue to be a problem.

You don't lend your car to a kid who can't drive it safely. You don't lend large sums of moneys to people or countries that can't handle it carefully. If you do, you should lose.