Showing posts with label banks. Show all posts
Showing posts with label banks. Show all posts

Wednesday, June 18, 2014

96F/36C Degrees in the Shade!

Coping with extreme climate heat. Carbon farming with Courtney White, socially responsible investing with NYC advisor Louis Berger, plus tips for staying alive, and keeping the garden alive, during extended heat. Radio Ecoshock 140618

Yes, the hot summer is coming to the northern Hemisphere. If you are in the American south or California, it's been toasty for some months already.

The future looks hotter still, as our emissions cause the climate system to swing toward it's greenhouse state. Farms will be in trouble, and so will your own home garden. Later in this program I'll continue with our series on growing in the heat. We'll hear great tips from experts in Florida and Colorado - ideas I'm already applying in my own garden.

I also have two interviews for you. Pretty well every aspect of our problems, and the solutions, involve the flow of big money. Many of us are unwilling partners in the mal-investment in corporations profiting from damaging the environment. It could be pensions, investments, or just your savings in the bank - where is it going? We'll talk with a heavy-weight New York investment advisor about the realities of Socially Responsible Investing.

But first, I want to get back to one of the few natural big-scale possibilities to save ourselves from the worst of climate change. It's not glamorous. It's just really, really important.

Download/listen to this Radio Ecoshock show in CD Quality or Lo-Fi





TAKING CARBON FROM THE ATMOSPHERE AND PUTTING IT IN THE SOIL - COURTNEY WHITE

You know we are in a big mess with climate change. At this point we need big solutions - and there may be something much more natural than geoengineering. Is it possible we could even turn back the clock, even a little, on global warming?

I've interviewed experts about the importance of carbon in the soil. Some stress there is more carbon in the earth than in the atmosphere, so we must not continue to release it by poor agricultural practices and deforestation. Others strongly believe we can capture a lot of carbon out of the atmosphere, putting it back in the soil. This could be the best, or even at this point the only, way to actually reduce the build-up of carbon dioxide in our atmosphere.

We've had Alan Savory as a guest on Radio Ecoshock. He pioneered the use of carefully controlled cattle herds to replenish carbon in the soil. We just had a guest, Kip Anderson of the film Cowspiracy, tell us that some researchers, including the World Watch Institute, say the livestock industry is the largest single source of greenhouse gas emissions on the planet. Can we still eat meat without killing the climate?

I keep listening for more soil carbon news. It's not big on CNN or You tube, but it's big news for the future. That's why I was pleased to find Courtney White has tied a lot of on-the-ground experience together for his new book "Grass, Soil, Hope." In a foreward, Michael Pollan wrote "this book promises to stir up hope even among those made cynical by relentless bad news."

Courtney White takes us on "A Journey through Carbon Country."



It's pretty wild that governments are willing to spend countless billions on all kinds of schemes, including giant farm subsidies, but I'm not aware of any government willing to pay carbon farmers.

Courtney, was a Sierra Club activist, but now he calls that the "conflict industry". We talk about why.

White went on to found the Quivira coalition, which he led until recently. Now he's taken time off to tour the country to research this book, and the promise of soil carbon.

Download/listen to this Radio Ecoshock interview with Courtney White in CD Quality or Lo-Fi

More links for Courtney White:

Here is a video about the new book.

Here is a link to the publishers page for the book.

And you can read famous foody Michael Pollan's foreword to "Grass, Soil, Hope" here.

Find the Quivira Coalition web site here.

SOCIALLY RESPONSIBLE MONEY - IS IT POSSIBLE?

Here on Radio Ecoshock we normally interview scientists, authors, and activists. But behind almost every problem and solution we encounter, there is a flow of big money.

After the financial crash, and admissions of guilt by major institutions we trusted, many of us are suspicious of investing. Big money is being channeled into projects that actually wreck the world. Is socially responsible investing possible?

Whether you have money to invest or not, the answer to this question could literally determine your future and the fate of our civilization. We can pretend that world of high finance is too dirty, or will fall any day. Instead, I've called up Louis Berger, the Principal and Co-Founder of Washington Square Capital in New York.



Berger was big in the financial end of Hollywood, before becoming an advisor for the Swiss bank UBS. He then co-founded his own investment firm.

I hang around the Zero Hedge website, with peak oil people, and a crowd with a bleak view of our prospects. So I ask Louis if he is optimistic or pessimistic about the economy? He is guardedly optimistic, seeing many signs of recovery - but says the original problems in the financial system were not fixed. Also, the whole market system is still too heavily dependent on the Federal Reserve buying 35 billion dollars worth of assets every month.

IS IT REALLY "GREEN"?

We talk about the move for Universities and Churches to divest from fossil fuels. Berger says the big fossil fuel companies are a bad investment in the long run anyway. as people become more aware of climate change, he thinks some kind of carbon tax is inevitable.

We discuss how to find out if "green" investments really are OK for the planet. And we talk about Louis' article about the risks of some green investments, based on the case of Mosaic - the crowd-funded company investing in small-scale solar projects. It's a good company he says, but it could be hard to get your money out if needed, and there is some risk the project could fail.

WHY INVESTMENT MATTERS

We know there are almost 50 million Americans on food stamps, and millions more very poor people in Canada, the United Kingdom, - pretty well everywhere in the developed world. At the same time, there are more millions who are making good money, plus a wave of inheritances as the generations change. What questions should the millenial generation have for experts who advise where to invest?

This whole question of investing puts some people in a strange spot. They may picture themselves critical of banks and the stock market, and yet depend on them, whether they know it or not, for pensions and savings. That's a stress-point for some folks, and they try to sit on the sidelines with cash. But is there really any "sidelines" or opting out of this financial system? All the money flows somewhere.

There is a growing resentment against Too Big To Fail Wall Street Banks, who appear to get away with price fixing or even fraud with no criminal charges. It's my impression this resentment is spilling over to ANY investment, or anyone in the investment field. This kind of disconnect could hurt the whole industry - and Louis Berger says the distrust is valid, considering the way the Too Big To Fail banks operated.

Here are some key points from investment guru Louis Berger:

"* Our view on socially responsible investing is that it's a way for a person to take ownership and responsibility over their investments -- to ensure that the companies they're invested in are aligned with their values.

* In the last several years, many progressives in the US have begun questioning their consumer choices -- where/how their food is grown, goods are made, energy is sourced etc. It's a natural progression to begin thinking about how and where their money is invested.

* Traditionally, most people have separated their investments and their philanthropy -- invest their money at a bank or brokerage and make a charitable contribution to a non-profit working in a space they care about (ex: environmental protection). Trend is now towards merging the two.

* There seems to be a movement towards SRI in the millennial generation. We're encountering new clients that are young and care about environmental/humanitarian issues. Often, they've inherited money from a parent or grandparent. They also inherit a financial advisor who is either not interested or incapable of providing SRI advice. We see it as a major growth opportunity going forward as this wealth transfer continues and the vast majority of financial advisors are not equipped to provide SRI advice. The big banks have begun to take notice as well.

* While we understand there are limitations to the amount of social good one can make by investing in the public markets, the fact is we live in a world (perhaps more so in the US) where at least some portion of our net worth is tied up in the stock/bond markets (brokerage account, retirement/pension account, college savings account, etc). This is the way our financial system currently works. Therefore, it's imperative for those people who care about environmental and humanitarian issues to ensure the companies they invest in are on the same page. By investing in oil/gas, weapons manufacturers, mining companies, tobacco companies etc -- even if it's unintentional -- you are not only endorsing their corporate behavior, you are helping to foster their growth.

* SRI is challenging many companies and industries to begin changing the way they do business. There is still a very long way to go, but it's definitely moving the needle in the right direction."

Find more info about Louis Berger here.

Download/listen to this Radio Ecoshock interview with Louis Berger in CD Quality or Lo-Fi

HOW WILL WE GROW FOOD DURING EXTREME HEAT?

Last week we heard Marjory Wildcraft with tips on gardening in extreme heat. Marjory will be joining us in a program soon. You may think you will grow some of your own food - but how will you deal with record heat or drought? Even more worrying, as we heard on our show a couple of years ago from You tube garden guru HumptyDumptyTribe, if the nights don't cool down, plants won't produce fruit. You can have flowers, busy bees, and still get no tomatoes. That's going to be a problem for most of us in the coming years.

Let's start with this recording of a You tube video from Carol Omera, a horticulture expert from Colorado State University. She recorded this essential video during one of Colorado's stunning heat waves. Her tips are basic, about how we plant, ensuring enough water, and the big lesson for me: get your shade cloth ready. If you want to keep your cool-weather plants like peas and lettuce producing, we will have to shade them.

Watch the video with Carol Omera on You tube here.

So let's get to Florida, where it's hot, hot, hot - and humid too. Sumter County Extension Agent Brooke Moffis tells us how we can keep ourselves safe from heat stroke, while keeping summer plants alive. Yep, it involves broad-brimmed hats, being sensible about when you are out there, and learning the signs of heat stroke (one of which is impairment of judgement...) Then Brooke talks about plants that will still produce in high heat, like Okra.

My thanks to the University of Florida for that audio. Watch it here.

This has been Radio Ecoshock. Don't miss our Soundcloud page, and all our past programs as free mp3 files at ecoshock.org.

The theme song this week was "96 degrees in the Shade" by the band Third World. The song is about the Jamaican hero Paul Bogle, who was hanged in 1865 after demanding civil rights for all.

I'm Alex Smith. Thank you for listening, and caring about our world.

Tuesday, January 24, 2012

Oil to Occupy: The Restless West Coast

Two weeks ago on Radio Ecoshock we heard from Australia and the distant past. Last week a top British scientist warned us of super-dangerous climate change.

Now we head for the restless West Coast of North America.

In Canada, trillion-dollar corporations and countries are desperately searching for a way to ship dirty Tar Sands crude, after the Obama administration said "No" to the Keystone XL pipeline. They want to build a new pipeline across the Rocky Mountains, across countless rivers and wilderness, across native lands.

And two Texas billionaires are plotting to turn the once green city of Vancouver into a major oil shipping port.

They want to make more billions polluting the atmosphere and changing the climate forever.

You will hear three speakers in a packed public meeting promise neither plot will succeed.

Then we'll take to the streets of San Francisco, with as-it-happens audio during the Occupy Wall Street West protests. Our Bay Area correspondent Karen Nyhus interviews environmentalist Ananda Tan as he waits with locked arms to be arrested. Then the risky radio the mainstream won't dare: you are there as the crowd microphone chants the words of Ted Nace, on the Court House steps, demanding justice. That's in our second half hour.

From tanker mania to Wall Street greed, I'm Alex Smith, and this is Radio Ecoshock.

OIL FREE COAST

On Sunday January 22nd I recorded "Oil Free Coast, Tankers and Pipelines" at the Roundhouse Community Centre in downtown Vancouver, Canada. The event began with the voice of an amazing ten-year-old singer and song-writer, little Ta' Kaiya Blaney, the First Nations wonder. I'll play you a minute of her anti-tanker song "Shallow Water" - then we'll go to our speakers Art Sterritt, Rex Weyler and Nathan Cullen.

Listen to the whole song. Here are links to the You tube video of "Shallow Waters" and the Ta' Kaiya Blaney web site.

More details on the song and recording from You tube:

"10 year old Ta'Kaiya Blaney is Sliammon First Nation from B.C., Canada. Along with singing, songwriting, and acting, she is concerned about the environment, especially the preservation of marine and coastal wildlife. Shallow Waters was a semi-finalist in the 2010 David Suzuki Songwriting Contest, Playlist for the Planet. The song was recorded in studio by Audio Producer Joe Cruz. Footage from Vancouver, BC was filmed by Colter Ripley. Footage of the traditional ocean-going canoe from the Squamish Nation (Burrard Inlet, North Vancouver, BC) ; Ta'Kaiya in traditional cedar bark regalia (Tofino, BC); the Oil Refinery in Burrard Inlet; and the Vancouver Aquarium was filmed by Tina House. Additional footage contributed from Canada Greenpeace and Living Oceans Society. Lyrics on Drychum channel."

Ta' Kaiya belted it out live at the Roundhouse, surprising us with such a strong adult voice from a small young singer. She will wow delegates at the Rio 2012 Conference. Also look for her song "Earth Revolution".


THE NORTH TAR SANDS PIPELINE

Let's start with the northern pipeline, proposed by the Enbridge Corporation, crossing thousands of miles of mountains and wilderness, reaching from the climate-killing Tar Sands to the delicate fjords of Canada's West Coast. Our host is Linda Kemp, a sustainable living expert from Langara College.

[Art Sterritt presentation]

That was Coastal First Nations leader Art Sterritt, recorded January 22nd, in Vancouver, Canada by Alex Smith. The event "Oil Free Coast, Tankers and Pipelines" was at the Roundhouse Community Centre in downtown Vancouver. It was presented by Coastal First Nations, and by Member of Parliament Nathan Cullen.

Sterritt gave a very moving speech, saying British Columbia was an organism where all its "arteries" are rivers that flow West from the Rockies to the sea. Everything about the First Nations life and rights is at stake, should one of these pipelines leak into the headwaters of the two most productive salmon runs in the world: the Fraser River run, and the Skeena River run.

The whole richness of coastal life, plus the food supply for First Nations people, would be wrecked by a single big tanker accident. Sterritt says the 10 major coastal First Nations have united, along with environmentalists, municipal governments and unions to oppose the construction of the Enbridge pipeline to Kitimat, on the North-Central coast of British Columbia.

That represents a huge sacrifice by some of the poorest people in Canada. Many First Nations people still live below the poverty line, with unclean water, and improper housing. The billions of dollars in bribes likely on offer by Enbridge, and the pro-oil Canadian government, still haven’t brought the aboriginal people to accept the dangers of oil.

Sterritt says he and his people went to Louisiana to talk to fisher people there, after the BP oil spill. They learned from what happened when another Enbridge pipeline broke in Kalamazoo, Michigan. They investigated ship wrecks in Australia.

But really, Sterritt and the Git-Gat people didn't have to leave home to know what oil damage is about. A British Columbia ferry called "The Queen of the North" hit an island just across from their home, Hartley Bay. Oil leaked out for more than a month, wrecking local clam beaches and more. That was despite having the most modern navigation equipment. The wreck was more or less on the same route super-tankers are expected to travel, in some of the stormiest waters on Earth.

This is Radio Ecoshock, the "restless West Coast" edition. You are listening to three speakers at a packed public rally to stop pipelines and tankers from wrecking the pristine wilderness of British Columbia, and the beautiful city of Vancouver.

STOPPING VANCOUVER FROM BECOMING A TAR SANDS SUPER PORT

[Rex Weyler]

Rex Weyler is a co-founder and historian of Greenpeace. He is now working with the group Tanker Free BC to stop the threat of mega tankers to the west coast, the fragile Georgia Strait, and the port of Vancouver. Find out more at tankerfreebc.org.

Rex and other friends started noticing more and more tankers were coming into the part of Vancouver harbor known as Burrard Inlet. They were heading to B.C.'s only oil refinery, deep down this narrow passageway.

Then the more right-wing B.C. government decided to sell off publicly owned assets to private investors. They sold the gas distribution company, "B.C. Gas". Two Texas
billionaires, named Kinder and Morgan, bought the pipeline rights. Kinder was a lawyer and lead council for Enron, the company that went bankrupt, among a wave of criminal charges for fraud.

These two foreign billionaires decided, without any public consultation, and in many cases without even notifying local governments, to start shipping Tar Sands crude from Alberta to Vancouver through their pipelines. They have been increasing capacity, and hope to reach from 500,000 to 700,000 barrels a day. That would mean one super-tanker a day going out of Vancouver harbor.

It would only take one accident to wreck "the green city" with its famous Stanley Park, its beaches, and multi-million dollar ocean-front real estate.

The Sierra Club has set up an app for cell phones which will notify anyone every time a tanker leaves the Burrard refinery docks. Tankerfreebc is gearing up to stop Vancouver from becoming the Tar Sands outlet to China. Nobody living here wants Vancouver to become a major oil port, especially now that we are being hit with climate change.

CANADIAN PM STEPHEN HARPER CALLS ENVIRONMENTALISTS PUPPETS OF THE AMERICANS

Now the politics of promoting Tar Sands oil - and the voices for sanity. Canadian Prime Minister Stephen Harper just claimed all Canadians who oppose the Tar Sands are just puppets for big American foundations. He questions the national loyalty of any critics, and threatens the environmental review required by law.

Harper calls all concerned citizens of British Columbia as "radical environmentalists" (and maybe "an enemy of the state").

Check out this video of the "Ethical Oil" tar sands lobby calling environmentalists mere agents for American foundations. They don't mention the two Texan billionaires pushing oil tankers through Vancouver, and the $20 billion dollars investment by China into the Tar sands. Who are the foreign influencers the Prime Minister hears?

Here is another story, where the Environment Minister, who is supposed to represent all Canadians, not just oil companies, says "radical groups" are trying to sabotage the Canadian economy. His remarks are extraordinary and never before heard from any government Minister. How much can we trust the Enbridge Pipeline environmental review process now - now that the Minister has called it a waste of time!

According to CBC News... these "radical environmentalists" ..."threaten to hijack our regulatory system to achieve their radical ideological agenda," stack the hearings with people to delay or kill "good projects," attract "jet-setting" celebrities and use funding from "foreign special interest groups."

Our next speaker is from the leading opposition New Democratic Party, or the NDP. Nathan Cullen is a Member of the National Parliament, and a candidate for the leadership of the NDP, currently Canada's largest opposition party. He lives in Smithers British Columbia, in the North, right where the pipeline will impact all of his constituents. And his constituents are very vocal - they don't want this pipeline!

[Cullen speech]

Cullen's description of the route these giant tankers must take to get out of Kitimat, which is at the head of a very long fjord. It includes "two 90 degree hair-pin turns". And during the lifetime of the pipeline and port, about 50,000 tanker trips would have to be made flawlessly, with no drunken captains, no show-of captains, no mechanical failure, no great storm (that
"nobody could have foreseen that").

When they make it out of the storied "inside passage" (where a multi-billion dollar cruise ship industry is threatened by a spill) - then these tankers head into Dixon Straight. That is where some of the strongest winds and highest waves in the world have been recorded.

What could go wrong?

Stay tuned for our on-the-streets radical radio from the San Francisco Wall Street West protest, January 20th.

Welcome back to the Radio Ecoshock restless West Coast edition. Now we're going to break the rules of radio. When people take to the streets in protest, your mainstream media gives you a glimpse, with maybe a chant in the background, while a reporter in a suit or dress tells you what it means.

Not here. We're going to start with an interview of environmentalist Ananda Tan as he sits, with his arms locked with other protesters, waiting for arrest outside the Bank of America in San Francisco. Risking her own person and equipment, is Radio Ecoshock Bay Area correspondent Karen Nyhus.

Amid the chaos of waiting for arrest, with folks dropping in, Karen keeps Ananda talking, about the risk these "too big to fail" corporations pose to us all. He is a member of the Global Alliance for Incinerator Alternatives, of Rising Tide (which is going to open an office in Vancouver), and of the group "Mobilization for Climate Justice".

Here is a print report on the protests, from "The Progressive".

Now I'm going to make it hard and fun for you.

We'll take to the streets of San Francisco with Karen Nyhus to hear green American author Ted Nace. Except in the soggy crowd of a rainy day, you can't hear him. There is no microphone on the Court House steps. Just a crowd microphone. I think it works, involving the people, not as passive listeners, but as participants in the speech. Let me know what you think.

Just before we hear Ted, the first speaker is Abraham Entin from Move To Amend.

Hear it as it happened.

That was a distant Ted Nace, author and environmentalist, passed on by the crowds at the San Francisco Occupy Wall Street West protest January 20th. It was a skunky rainy day. So Ted Nace began this parable, about the people with wet feet, and the corporations who can never know that experience.

My thanks to Radio Ecoshock Bay area correspondent Karen Nyhus for braving the elements and the police to get those on-the-street recordings from the Occupy Wall Street Protests.

If you violate copyright, you go to jail. If you violate people's home ownership, their pension plans, and their economy - no problem. Take a hundred million on your way out the door, and head out for the next scam. Until the people demand so loudly, so often, with such determination, that justice will be done.

I'm Alex Smith for Radio Ecoshock. Thank you for joining us.

Wednesday, October 5, 2011

SUDDEN & ABRUPT CHANGE



It's a fine time for bad news bears. World floods continue, this time in Asia. The Arctic has an ozone hole. Oh yeah, the global financial system is on the edge of bankruptcy.

The economic system and the ecosphere are at risk of massive and abrupt change.

From the popular financial blog "The Automatic Earth" writer "Ilagi" on the European banking mess, and blowback to America.

Boston Globe journalist Dianne Dumanowski reads from book "The End of the Long Summer" (our former stable climate).

Two part interview of Alder Stone Fuller on the risk of abrupt and violent climate change. It's not just James Lovelock. Dozens of major scientists warn heating could rise up to 8 degrees C. in a decade, with extreme weather all through. It has happened before. Time to "shock-proof" our basic system.

Radio Ecoshock 111005 1 hour.

CREDITS

Ilargi courtesy of theautomaticearth.blogpspot.com

Author Dianne Dumanoski reads from her book "The End of the Long Summer: Why We Must Remake Our Civilization to Survive on a Volatile Earth "

Alder Stone Philip from alderstone3.com

Economy news mashup courtesy KaputtRadio

Some background music by Vastmandana at soundclick.com

Small slice from "Blame It on The Boogie" by Michael Jackson

--------------

All eyes and ears are on the rumblings of a financial crash in the European banking system. Our correspondent from "The Automatic Earth" (one of the top 3 finance blogs) reports from Europe.

Ilargi says Greece is a distraction from the bankruptcy of American banks and governments. He also says more debt cannot solve too much debt. The Ponzi scheme (which holds our pensions and savings as well) has to end somewhere.

With a nod to OccupyWallSt.

Greens need to pay attention, Ilargi says, because any money needed for things like solar conversion, mass transit, new energy grid, are being tossed away right now to the black holes of banking and derivative debt. We will leave our children no options. They may fight for bare survival, eating up the last of the Earth.

Whatever happens financially, our second guest, Alder Stone Fuller, says massive climate change can no longer be avoided.

The IPCC shows slow steady growth of heat and rising seas. Alder Stone says reality is nothing like that. We will go through a long period of extreme weather, and possibly a sudden jump of more than 8 degrees in a decade.

Listeners and readers, I want you to know the idea of rapid climate change is not fringe science. On January 2010, I interviewed Dr. Michael MacCracken, one of America's leading scientists. He was a principle author of a collection of papers called "Sudden and Disruptive Climate Change".

Earlier, in December 2007, I interviewed a specialist in ancient plant life, Dr. Bob Spicer of Open University in the UK. He described previous greenhouse worlds for us. We know the world climate can change to very different states.


Such wild swings in climate have happened many times in Earth's past. We can find them in the geological record. The last 10,000 years were abnormally stable.

Alder Stone taught advanced climate theory in his own academy in Eugene Oregon, and has now moved to New England. He's doing roving workshops, and setting up an online course, to learn about "Type II" climate shift, and Gaia theory.

The Intergovenmental Panel on Climate Change, the IPCC has given us loads of graphs showing a gradual rise of heating and sea level. That is "Type I" climate change. In this program, you hear what experts fear, and the media never talks about, "Type II" climate shifts.

After giving us the bad news, Alder Stone Fuller talks about coping skills, and the need to keep going as survivors. In addition to "The End of the Long Summer" by Dianne Dumanowski, Alder strongly recommends we read two more books:

1. "With Speed and Violence" by UK journalist Fred Pearce, and
2. "Deep Survival" by Lawrence Gonzalez (and his sequel "Everyday Survival")

The survival books look at humans who have lived through incredible problems, accidents and challenges - to find the traits that helped them survive when others don't. "Everyday Survival" goes further, describing ways we might all need as the economy, climate and other problems go out of control.

Fred Pearce, who has also been a guest on Radio Ecoshock, interviewed dozens of top scientists on the possibility of an abrupt climate shift. Everybody should know this, especially government planners. But they won't read it, unless you do, and tell them to get with the real program.

If a sudden shift of climate is possible, we must learn "adaptability" skills, and shock-proof our basic systems (water, food) as Dianne Dumanoski wrote in her book "The End of the Long Summer". Dianne was a journalist for the Boston Globe for several decades. She reads several short passages, just for this program.

You must hear the audio interviews in this Radio Ecoshock show, to get the big picture.

Alex Smith
Radio Ecoshock

Thursday, April 16, 2009

ROTTING FROM THE TOP

The banks are doing great. The stock market is up 25 percent. Happy Days Are Here Again!

Ladies and Gentlemen, welcome to the White Star Titanic. We are not sinking, there are plenty of lifeboats, please go back to an evening of fine dancing.

If you're happy with that, maybe you shouldn't listen to this edition of Radio Ecoshock. We're going to hear other voices, outside the mainstream box.

Famed ABC producer, author and blogger Danny Schechter will lead off the charge. He claims the financial system is riddled with fraud. We'll hear snippets from insider business Bears Ian Gordon and Meredeth Whitney, the one-woman force who broke out the truth about Bear Stearns. Whitney ends up advocating relocalization, and warning you - that credit card you've counted on may go bye-bye.

Our mystery guest is Ilargi, from the popular financial blog The Automatic Earth. And we have an earthquake from within the Obama Administration itself. Elizabeth Warren heads a Congressional Panel overseeing the TARP funds. She questions the whole program, wondering if Tim Geithner's Treasury has any real strategy. Based on the experience of other countries, the U.S. is going the wrong way down a one way street. Warren sounds like a mother to America, as she explains this whole crisis. You'll hear the best of that.

Here are all the links you'll need for this week's Radio Ecoshock Show:

Danny Schechter's blog: http://www.newsdissector.com/blog/

"Bear Attack" on BBN - 4 financial bears: Nouriel Roubini, Eric Sprott, Merideth Whitney and Iran Gordon. http://www.bnn.ca/8430.html

TARP: Elizabeth Warren Congressional Oversight Panel Chair - April Report shows very different approaches from that taken by Treasury Sec. Tim Geithner. Revolutionary talk from inside Washington in this 8 minute You tube video (easy to understand!)
http://cop.senate.gov/video/index.cfm#tab10

Elizabeth Warren's explanation of the foreclosure crisis - also easy to understand, if very sad.
http://cop.senate.gov/video/index.cfm#tab10 (8 minutes on You tube, and from this government site.

The Automatic Earth blog - headed up by "Ilargi" our final guest on Radio Ecoshock this week.
http://theautomaticearth.blogspot.com/
.
READ MORE...

Music: "Happy Days Are Here Again" Ben Selvin and the Crooners 1930 (no copyright)

Thursday, November 13, 2008

GOING DOWN IN FLAMES

As corporate icons like General Motors tumble - what will be left of the economy?

This is a bleeding edge show with 3 interviews plus media clips.

In the first half hour: our second interview with Dmitri Orlov, author of "Reinventing Collapse: The Soviet Example and American Prospects." Our previous interview with Mr. Orlov was picked up by more than 40 radio stations. He predicted rapid economic collapse - and how right he was!

We add in some clips from Karmabanque Radio on the coming financial tsunami. Tip of the hat to Max Keiser and Stacy!

In the second half of the show, we zero in to another type of corporate default: disappearing newspapers. The Christian Science Monitor shocked the news world by dropping their 100 year old print weekday edition, going online instead. The New York Times owes a billion dollars, and they are slashing journalists, as is Gannett, America's largest news chain. One New England paper announced its own demise.

According to Paul Gillin, we'll see newspaper disappear in some major cities over the next five years. Maybe even famous ones, in your own city. Advertising has tanked, due to the economic crisis. Papers depended to a large degree on SUV ads from American car makers. Guess what, those ad budgets are slashed. Ditto the shrinking classifieds as millions of people use EBay and Craig's List instead. The publishers just finished a closed-door conference to see how they can survive.

Paul Gillin was editor-in-chief of the tech journal ComputerWorld for 15 years. Now he's a consultant for new media. Not to mention his blog at newspaperdeathwatch.com. Join us for that interview.

We wrap up with a look at Canada's media conglomerate called Canwest. In my city, they own both the dailies, several free giveaway news dailies, and one TV station. They are the news. Canwest bought out disgraced media baron Conrad Black, and then engineered a take-over of several cable TV channels. That was a controversial deal which saw, guess who, Goldman Sachs putting up most of the money. If revenues are poor, and they are, Goldman Sachs could end up owning more Canadian media channels than the law allows. And the Asper family, which owns Canwest, could lose control, as their stocks plummet from over $20 to just $2. Their empire is billions in debt, and revenues are slumping.

Oh yeah, Canwest owns Network Ten in Australia - and that company is hurting with falling revenues.

Canwest isn't all bad - but they lost me when they continued to print global warming deniers as columnists, over and over again, long after Vancouver Sun editor Kirk LePoint said "we get it" about climate change. The icing on the cake: last August the Sun ran an editorial, expressing the views of the newspaper, that "Coal Is The Future." Really? Well hopefully Canwest is not the future, or we'll lose the planet.

We run a full analysis of Canwest and their money problems by the Redeye Collective from CFRO Radio in Vancouver. They talk with Mark Edge, academic, journalist and author of "Asper Nation" from New Star Books.

PRODUCTION NOTES:
There is a 30 second music bed for your station ID (if you want) at from 29:13 to 29:43. The program then re-introduces itself. If you need more time for announcements, you could cut the closing music clip, intervening at 58:39.

Background music is "Tita" from Cyberzen Sound Engine, and the end clip is "Secrets" by Xavier Rudd. The opening contains clips from CNBC 081110 (financial adviser Martin Hennicke) and a few seconds in a spot from Campaign for America's Future.

Thursday, October 30, 2008

RUNAWAY TRAIN

Finance & Climate Crisis How we go bankrupt; the currency crisis from Max Keiser et al. Features a clip from Unwelcome Guests underground radio show, plus Alex on the developing Depression.

Then Jim Laurie interview: how we can save the climate without spending a trillion dollars. Ecoshock Show 081031 1 hour


CD Quality
56 MB or Lo-Fi 14 MB

Production Notes: Pull down music at 30 min to do your station ID if wanted. Also you could cut into last song for more announcements, but I don't recommend that, since the lyrics are spot on for our situation. . Songs: James McMurty "We Can't Make It Anymore" and Eliza Gilkyson "Runaway Train" I love this song - it could be a theme for our times. Both American artists.

Friday, March 21, 2008

Wall Street & Climate Crash

Will we have money to create the new energy economy?

A Wall Street insider from
Climateer Investing talks trades, carbon emissions, and the climate bubble.

Plus a feature on
Warren Buffet's carbon footprint. Why is the world's richest man - the Invisible Man when it comes to climate change. Warren talks Peak Oil, while his energy companies spread the gamut from wind to coal. Meanwhile, as the world's largest insurance company, Birkshire Hathaway is wildly exposed to climate change charges. Why is Buffet's empire among the last to acknowledge human-induced climate change?

We close with an interview with
Rainforest Action Network's campaign rep, Matt Leonard, against Wall St. coal financiers.

Latest news and blues from The Street. Ecoshock 080321 1 hour
CD Quality 56 MB or Lo-Fi 14 MB

Production notes: loaded with news clips, from now and from 1929. Some entertaining media mixes, with reactions, etc. No station ID break. Remove first 15 seconds, and last 19 seconds to create a 30 sec break. Insert point 28:43.