Politablog

What a great way to start the day. I wake-up and read that China has sold $34.2 billion worth of US treasury bonds. This means that Japan is once again the largest holder of US debt! It is way better to have our debt in the hands of a trusted ally rather then a power-hungry adversary. That is just international relations 101.

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The Senior Research Analyst Gene Munster, from Piper Jaffray in Minneapolis, predicts an increase in sales for the Apple computer in 2010. There is also much hype and anticipation for a possible revelation of Apple’s new tablet that will transform the industry with new cutting edge technology and increase sales.

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In somewhat stunning news, CNN.com is reporting that Google China might be shutting down. Google is reportedly upset with the censorship and hacking that is going on with their Chinese operations. In a move that seems to be forcing the hand of the Chinese government, Google is planning on saying ‘stop the censorship or we are leaving!’

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Since February 1, 2006, Ben Bernanke has been the Chairman of the Federal Reserve Bank of the United States of America. As you can see by the graph below, the US economy has not done well under Bernanke’s control.

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Campbell’s soups have been trusted basics of nutrition all of my life. I have always considered Campbell’s soups to be a safe, economical and nutritious choice for a quick meal. There is nothing more American than a meal of a grilled cheese sandwich and a hot bowl of soup. Recent news that I have been blithely consuming a hefty dose of bisphenol-A with my Campbell’s soups is shocking. Bisphenol-A, a coating the seals the inside of metal containers is implicated as having dire effects to humans on a molecular level.
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Dutch Trading Company, Trafigura, has agreed to pay $46m to the 30,000 people who were harmed because of their illegal dumping of toxic waste in the African state of Cote d’Ivoire (Ivory Coast).  This is to be in addition to the $198 million that was paid by Trafigura directly to the government of Cote d’Ivoire.

This case caught my attention for a few reasons. First off, anytime a multi-national corporation is accused of harming 30,000 people in Africa I think it is important to say something.

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There is cocaine in the Red Bull and according to the official Red Bull Colawebsite, “Why not? And we simply believe that a cola can also be made from natural ingredients. Just like back in the old days. The cola from Red Bull can do without a secret formula. On the contrary: all our ingredients are listed on the back of the can. Thanks to its special recipe, the cola from Red Bull is not just a cola, but a cola of a special kind: strong and natural.”

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