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#4821 The Garden » The History of Aspartame » 920 weeks ago

polluxlm
Replies: 2

It was revealed during a Senate hearing that aspartame was once on a Pentagon list of prospective biochemical warfare weapons

DECEMBER 1965
While working on an ulcer drug, a chemist at pharmaceutical manufacturer GD Searle accidentally discovers aspartame, a substance that is 180 times sweeter than sugar, yet has no calories.

SPRING 1967
Searle begins safety tests, necessary for FDA approval.

AUTUMN 1967
GD Searle approaches eminent biochemist Dr Harry Waisman, director of the University of Wisconsin's Joseph P Kennedy Jr Memorial Laboratory of Mental Retardation Research and a respected expert in the toxicity of phenylalanine (which comprises 50 per cent of the aspartame formula), to conduct a study of the effects of aspartame on primates. Of seven monkeys fed aspartame mixed with milk, one dies and five others have grand mal epileptic seizures.

SPRING 1971
Dr John Olney, professor of neuropathology and psychiatry at Washington University in St Louis School of Medicine, whose research into the neurotoxic food additive monosodium glutamate (MSG, a chemical cousin of aspartame) was responsible for having it removed from baby foods, informs Searle that his studies show that aspartic acid, one of the main constituents of aspartame, causes holes in the brains of infant mice. One of Searle's researchers, Ann Reynolds, confirms Olney's findings in a similar study.

FEBRUARY 1973
Searle applies for FDA approval and submits over 100 studies it claims support aspartame's safety. Neither the dead monkeys nor the mice with holes in their brains are included in the submission.

12 SEPTEMBER 1973
In a memorandum, Dr Martha M Freeman of the FDA Division of Metabolic and Endocrine Drug Products criticises the inadequacy of the information submitted by Searle with particular regard to one of the compound's toxic breakdown products, diketopiperazine (DKP). She recommends that marketing of aspartame be contingent upon the sweetener's proven clinical safety.

26 JULY 1974
FDA commissioner Dr Alexander Schmidt grants aspartame its first approval as a 'food additive' for restricted use in dry foods. This approval comes despite the fact that his own scientists found serious deficiencies in the data submitted by Searle.

AUGUST 1974
Before aspartame can reach the marketplace, Dr John Olney, James Turner (attorney, consumer advocate and former 'Nader's Raider' who was instrumental in removing the artificial sweetener cyclamate from the US market), and the group Label Inc (Legal Action for Buyers' Education and Labeling) file a formal objection to aspartame's approval with the FDA, citing evidence that it could cause brain damage, particularly in children.

JULY 1975
Concerns about the accuracy of test data submitted to the FDA by Searle for a wide range of products prompt Schmidt to appoint a special task force to examine irregularities in 25 key studies for aspartame and Searle drugs Flagyl, Aldactone and Norpace.

5 DECEMBER 1975
Searle agrees to an inquiry into aspartame safety concerns. Searle withdraws aspartame from the market pending its results. The sweetener remains off the market for nearly 10 years while investigations into its safety and into Searle's alleged fraudulent testing procedures are ongoing. However, the inquiry board does not convene for another four years.

24 MARCH 1976
The FDA task force completes its 500 page report on Searle's testing procedures. The final report notes faulty and fraudulent product testing, knowingly misrepresented product testing, knowingly misrepresented and 'manipulated' test data, and instances of irrelevant animal research in all the products reviewed. Schmidt says: '[Searle's studies were] incredibly sloppy science. What we discovered was reprehensible.'

JULY 1976
The FDA forms a new task force, headed by veteran inspector Jerome Bressler, to further investigate irregularities in Searle's aspartame studies uncovered by the original task force. The findings of the new body will eventually be incorporated into a document known as the Bressler Report.

10 JANUARY 1977
FDA chief counsel Richard Merrill formally requests the US Attorney's office to begin grand jury proceedings to investigate whether indictments should be filed against Searle for knowingly misrepresenting findings and 'concealing material facts and making false statements' in aspartame safety tests. This is the first time in the FDA's history that it requests a criminal investigation of a manufacturer.

26 JANUARY 1977
While the grand jury investigation is underway, Sidley & Austin, the law firm representing Searle, begins recruitment negotiations with Samuel Skinner, the US attorney in charge of the investigation. Skinner removes himself form the investigation and the case is passed to William Conlon.

8 MARCH 1977
Searle hires prominent Washington insider Donald Rumsfeld as its new CEO to try to turn the beleaguered company around. A former member of Congress and defence secretary in the Ford administration, Rumsfeld brings several of his Washington colleagues in as top management.

1 JULY 1977
Samuel Skinner leaves the US Attorney's office and takes a job with Searle's law firm. Conlon takes over Skinner's old job.

1 AUGUST 1977
The Bressler Report is released. It focuses on three key aspartame studies conducted by Searle. The report finds that in one study 98 of the 196 animals died but weren't autopsied until later dates, making it impossible to ascertain the actual cause of death. Tumours were removed from live animals and the animals placed back in the study. Many other errors and inconsistencies are noted. For example, a rat was reported alive, then dead, then alive, then dead again. Bressler comments: 'The question you have got to ask yourself is: why wasn't greater care taken? Why didn't Searle, with their scientists, closely evaluate this, knowing full well that the whole society, from the youngest to the elderly, from the sick to the unsick. will have access to this product.' The FDA creates yet another task force to review the Bressler Report. The review is carried out by a team at the FDA's Center for Food Safety and Applied Nutrition and headed by senior scientist Jacqueline Verrett.

28 SEPTEMBER 1977
The FDA publishes a report exonerating Searle of any wrongdoing in its testing procedures. Jacqueline Verrett will later testify to the US Senate that her team was pressured into validating data from experiments that were clearly a 'disaster'.

8 DECEMBER 1977
Despite complaints from the Justice Department, Conlon stalls the grand jury prosecution for so long that the statute of limitations on the aspartame charges runs out and the investigation is dropped. Just over a year later Conlon joins Searle's law firm, Sidley & Austin.

1978

The journal Medical World News reports that the methanol content of aspartame is 1,000 times greater than most foods under FDA control. In high concentrations methanol, or wood alcohol, is a lethal poison.

1 JUNE 1979
The FDA finally establishes a public board of inquiry (PBOI), comprising three scientists whose job it is to review the objections of Olney and Turner to the approval of aspartame and rule on safety issues surrounding the sweetener.

1979

In spite of the uncertainties over aspartame's safety in the US, aspartame becomes available, primarily in pharmaceutical products, in France. It is sold under the brand name Canderel and manufactured by the food corporation Merisant.

30 SEPTEMBER 1980
The FDA's PBOI votes unanimously against aspartame's approval, pending further investigations of brain tumours in animals. The board says it 'has not been presented with proof of reasonable certainty that aspartame is safe for use as a food additive'.

1980

Canderel is now marketed throughout much of Europe (but not in the UK) as a low-calorie sweetener.

JANUARY 1981
Rumsfeld states in a Searle sales meeting that he is going to make a big push to get aspartame approved within the year. Rumsfeld vows to 'call in his markers' and use political rather than scientific means to get the FDA on side.

20 JANUARY 1981
Ronald Reagan is sworn in as president of the US. Reagan's transition team, which includes Rumsfeld, nominates Dr Arthur Hull Hayes Jr to be the new FDA commissioner.

21 JANUARY 1981
One day after Reagan's inauguration, Searle re-applies to the FDA for approval to use aspartame as a food sweetener.

MARCH 1981
An FDA commissioner's panel is established to review issues raised by the PBOI.

19 MAY 1981
Arthur Hull Hayes Jr, appoints a five-person commission to review the PBOI's decision. Three of the five FDA scientists on it advise against approval of aspartame, stating on the record that Searle's tests are unreliable and not adequate to determine the safety of aspartame. Hayes installs a sixth member on the commission, and the vote becomes deadlocked.

15 JULY 1981
Hayes ignores the recommendations of his own internal FDA team, overrules the PBOI findings and gives initial approval for aspartame to be used in dry products on the basis that it has been shown to be safe for its proposed uses.

22 OCTOBER 1981
The FDA approves aspartame as a tabletop sweetener and for use in tablets, breakfast cereals, chewing gum, dry bases for beverages, instant coffee and tea, gelatines, puddings, fillings, dairy-product toppings and as a flavour enhancer for chewing gum.

1982

The aspartame-based sweetener Equal, manufactured by Merisant, is launched in the US.

15 OCTOBER 1982
The FDA announces that Searle has filed a petition for aspartame to be approved as a sweetener in carbonated beverages, children's vitamins and other liquids.

1983

Searle attorney Robert Shapiro gives aspartame its commercial name, NutraSweet. The name is trademarked the following year. Shapiro later becomes president of Searle. He eventually becomes president and then chairman and CEO of Monsanto, which will buy Searle in 1985.

8 JULY 1983
Aspartame is approved for use in carbonated beverages and syrup bases in the US and, three months later, Britain. Before the end of the year Canderel tablets are launched in the UK. Granular Canderel follows in 1985.

8 AUGUST 1983
James Turner, on behalf of himself and the Community Nutrition Institute, and Dr Woodrow Monte, Arizona State University's director of food science and nutritional laboratories, file petitions with the FDA objecting to aspartame approval based on possible seriousadverse effects from the chronic intake of the sweetener. Monet also cites concern about the chronic intake of methanol associated with aspartame ingestion.

SEPTEMBER 1983
Hayes resigns as FDA commissioner under a cloud of controversy about his taking unauthorised rides aboard a General Foods jet (General Foods was and is a major purchaser of aspartame). He serves briefly as provost at New York Medical College, and then takes a position as senior scientific consultant with Burston-Marsteller, the chief public relations firm for both Searle and Monsanto.

AUTUMN 1983
The first carbonated beverages containing aspartame go on sale in the US.

17 FEBRUARY 1984
The FDA denies Turner and Monte's requests for a hearing, noting that aspartame's critics had not presented any unresolved safety questions. Regarding aspartame's breakdown components, the FDA says that it has reviewed animal, clinical and consumption studies submitted by the sweetener's manufacturer, as well as the existing body of scientific data, and concludes that 'the studies demonstrated the safety of these components'.

MARCH 1984
Public complaints about the adverse effects of aspartame begin to come in. The FDA requests that the US agency the Centers for Disease Control and Prevention (CDC) begins investigations of a select number of cases of adverse reactions to aspartame.

30 MAY 1984
The FDA approves aspartame for use in multivitamins.

JULY 1984
A study by the state of Arizona Department of Health into aspartame is published in the Journal of Applied Nutrition. It determines that soft drinks stored at elevated temperatures promote more rapid deterioration of aspartame into poisonous methanol.

2 NOVEMBER 1984
The CDC review of public complaints relating to aspartame culminates in a report, Evaluation of Consumer Complaints Related to Aspartame Use, which reviews 213 of 592 cases and notes that re-challenge tests show that sensitive individuals consistently produce the same adverse symptoms each time they ingested aspartame. The reported symptoms include: aggressive behaviour, disorientation, hyperactivity, extreme numbness, excitability, memory loss, loss of depth perception, liver impairment, cardiac arrest, seizures, suicidal tendencies and severe mood swings. The CDC nevertheless concludes that aspartame is safe to ingest. On the same day that the CDC exonerates aspartame, Pepsi announces that it is dropping saccharin and adopting aspartame as the sweetener in all its diet drinks. Others quickly follow suit.

1 OCTOBER 1985
Monsanto, the producer of recombinant bovine growth hormone, genetically engineered soya beans, the pesticide Roundup and many other industrial and agricultural chemicals, purchases Searle for $2.7 billion.

21 APRIL 1986
The US Supreme Court, headed by Justice Clarence Thomas, a former Monsanto attorney, refuses to consider arguments from the Community Nutrition Institute and other consumer groups that the FDA has not followed proper procedures in approving aspartame, and that the liquid form of the artificial sweetener may cause brain damage in heavy users of low-calorie soft drinks.

16 OCTOBER 1986
Turner files another citizen's petition, this time concerning the risk of seizures and eye damage from aspartame. The petition argues that medical records of 140 aspartame users show them to have suffered from epileptic seizures and eye damage after consuming products containing the sweetener and that the FDA should ban aspartame as an 'imminent hazard to the public health'.

21 NOVEMBER 1986
The FDA denies Turner's new petition, saying: 'The data and information supporting the safety of aspartame are extensive. It is likely that no food product has ever been so closely examined for safety. Moreover, the decisions of the agency to approve aspartame for its uses have been given the fullest airing that the legal process requires.'

28 NOVEMBER 1986
The FDA approves aspartame for non-carbonated frozen or refrigerated concentrates and single-strength fruit juice, fruit drinks, fruit-flavoured drinks, imitation fruit-flavoured drinks, frozen stock-type confections and novelties, breath mints and tea beverages.

DECEMBER 1986
The FDA declares aspartame safe for use as an inactive ingredient, provided labelling meets certain specifications.

1987

An FDA report on adverse reactions associated with aspartame states the majority of the complaints about aspartame - now numbering 3,133 - refer to neurological effects.

2 JANUARY 1987
NutraSweet's aspartame patent runs out in Europe, Canada and Japan. More companies are now free to produce aspartame sweeteners in these countries.

12 OCTOBER 1987
United Press International, a leading global news-syndication organisation, reports that more than 10 federal officials involved in the decision to approve aspartame have now taken jobs in the private sector that are linked to the aspartame industry.

3 NOVEMBER 1987
A US Senate hearing is held to address the issue of aspartame safety and labelling. The hearing reviews the faulty testing procedures and the 'psychological strategy' used by Searle to help ensure aspartame's approval. Other information that comes to light includes the fact that aspartame was once on a Pentagon list of prospective biochemical-warfare weapons.

Numerous medical and scientific experts testify as to the toxicity of aspartame. Among them is Dr Verrett, who reveals that, while compiling its 1977 report, her team was instructed not to comment on or be concerned with the overall validity of the studies. She states that questions about birth defects have not been answered. She also states that increasing the temperature of the product leads to an increase in production of DKP, a substance shown to increase uterine polyps and change blood cholesterol levels. Verrett comments: 'It was pretty obvious that somewhere along the line, the bureau officials were working up to a whitewash.'

1989

The FDA has received more than 4,000 complaints from consumers about adverse reactions to the sweetener.

14 OCTOBER 1989
Dr HJ Roberts, director of the Palm Beach Institute for Medical Research, claims that several recent aircraft accidents involving confusion and aberrant pilot behaviour were caused by ingestion of products containing aspartame.

20 JULY 1990
The Guardian publishes a major investigation of aspartame and delivers to government officials 'a dossier of evidence' that draws heavily on the transcripts of the Bressler Report and demands that the government review the safety of aspartame. No review is undertaken. The Guardian is taken to court by Monsanto and forced to apologise for printing its story.

1991

The US National Institutes of Health publishes Adverse Effects of Aspartame: January '86 through December '90, a bibliography of 167 studies documenting adverse effects associated with aspartame.

1992

NutraSweet signs agreements with Coca-Cola and Pepsi stipulating that it is their preferred supplier of aspartame.

30 JANUARY 1992
The FDA approves aspartame for use in malt beverages, breakfast cereals, and refrigerated puddings and fillings and in bulk form (in large packages like sugar) for tabletop use. NutraSweet markets these bulk products under the name 'NutraSweet Spoonful'.

14 DECEMBER 1992
NutraSweet's US patent for aspartame expires, opening up the market for other companies to produce the substance.

19 APRIL 1993
The FDA approves aspartame for use in hard and soft candies, non-alcoholic flavoured beverages, tea beverages, fruit juices and concentrates, baked goods and baking mixes, and frostings, toppings and fillings for baked goods.

28 FEBRUARY 1994
Aspartame now accounts for the majority (75 per cent) of all the complaints in the US adverse-reaction monitoring system. The US Department of Health and Human Services compiles a report that brings together all current information on adverse reactions attributed to aspartame. It lists 6,888 complaints, including 649 reported by the CDC and 1,305 reported by the FDA.

APRIL 1995
Consumer activist, and founder of anti-aspartame group Mission Possible, Betty Martini uses the US's Freedom of Information Act to force the FDA to release an official list of adverse effects associated with aspartame ingestion. Culled from 10,000 consumer complaints, the list includes four deaths and more than 90 unique symptoms, a majority of which are connected to impaired neurological function. They include: headache; dizziness or problems with balance; mood change; vomiting and nausea; seizures and convulsions; memory loss; tremors; muscle weakness; abdominal pains and cramps; change in vision; diarrhoea; fatigue and weakness; skin rashes; deteriorating vision; joint and musculoskeletal pain. By the FDA's own admission, fewer then 1 per cent of those who have problems with something they consume ever report it to the FDA. This means that around 1 million people could have been experiencing adverse effects from ingesting aspartame.

12 JUNE 1995
The FDA announces it has no further plans to continue to collect adverse reaction reports or monitor research on aspartame.

27 JUNE 1996
The FDA removes all restrictions from aspartame use, and approves it as a general-purpose sweetener', meaning that aspartame can now be used in any food or beverage.

NOVEMBER 1996
Drawing on data compiled by the US National Cancer Institute's Surveillance, Epidemiology and End Results programme, which collects and distributes data on all types of cancer, Olney publishes peer-reviewed research in the Journal of Neuropathology and Experimental Neurology. It shows that brain-tumour rates have risen in line with aspartame consumption and that there has been a significant increase in the conversion of less deadly tumours into much more deadly ones.

DECEMBER 1996
The results of a remarkable study conducted by Dr Ralph G Walton, professor of clinical psychology at Northeastern Ohio Universities, are revealed. Commissioned by the hard-hitting US national news programme 60 Minutes, it sheds some light on the absurdity of aspartame-safety studies. Walton reviewed 165 separate studies published in the preceding 20 years in peer-reviewed medical journals. Seventy-four of the studies were industry-funded, all of which attested to aspartame's safety. Of the other 91 non-industry funded studies, 84 identified adverse health effects. Six of the seven non-industry funded studies that were favourable to aspartame were from the FDA, which has a public record of strong pro-industry bias. To this day, the industry-funded studies are the ones that are always quoted to the press and in official rebuttals to aspartame critics. They are also the studies given the greatest weight during the approval process and in official safety reviews.

10 FEBRUARY 1998
Monsanto petitions the FDA for approval of a new tabletop sweetener called Neotame. It is around 60 times sweeter than aspartame and up to 13,000 times sweeter than sugar. Neotame is less prone to breaking down in heat and in liquids than aspartame because of the addition of 3,3-dimethylbutyl, a poorly studied chemical with suspected neurotoxic effects. Strengthening the bond between aspartame's main constituents eliminates the need for a health warning directed at people suffering from PKU.

13 MAY 1998
Independent scientists from the University of Barcelona publish a landmark study clearly showing that aspartame is transformed into formaldehyde in the bodies of living specimens (in this case rats), and that this formaldehyde spreads throughout the specimens' vital organs, including the liver, kidneys, eyes and brain. The results fly in the face of manufacturers' claims that aspartame does not break down into formaldehyde in the body, and bolster the claims of aspartame critics that many of the symptoms associated with aspartame toxicity are caused by the poisonous and cumulative effects of formaldehyde.

OCTOBER 1998
The UK's Food Commission publishes two surveys on sweeteners. The first shows that several leading companies, including St Ivel, Müller and Sainsbury's, have ignored the legal requirement to state 'with sweeteners' next to the name of the product. The second reveals that aspartame not only appears in 'no-sugar added' and 'light' beverages but also in ordinary non-dietetic drinks because it's three times cheaper than ordinary sugar.

8 FEBRUARY 1999
Monsanto files a petition with the FDA for approval of the general use of Neotame.

20 JUNE 1999
An investigation by The Independent on Sunday reveals that aspartame is made using a genetic engineering process. Aspartame component phenylalanine is naturally produced by bacteria. The newspaper reveals that Monsanto has genetically engineered the bacteria to make them produce more phenylalanine. Monsanto claims that the process had not been revealed previously because no modified DNA remains in the finished product, and insists that the product is completely safe; though scientists counter that toxic effects cannot be ruled out in the absence of long-term studies. A Monsanto spokeswoman says that while aspartame for the US market is often made using genetic engineering, aspartame supplied to British food producers is not. The extent to which US brands of low-calorie products containing genetically engineered aspartame have been imported into Britain is unclear.

MAY 2000
Monsanto, under pressure - not least from the worldwide resistance to genetically manipulated food and ongoing lawsuits - sells NutraSweet to JW Childs Associates, a private-equity firm comprised of several former Monsanto managers, for $440m. Monsanto also sells its equity interest in two European sweetener joint ventures, NutraSweet AG and Euro-Aspartame SA.

10 DECEMBER 2001
The UK's Food Standards Agency requests that the European Commission Scientific Committee on Food conducts an updated review of aspartame. The committee is asked to look carefully at more than 500 scientific papers published between 1988 and 2000 and any other new scientific research not examined previously.

9 JULY 2002
The FDA approves the tabletop and general use of Neotame. The 'fast-track' approval raises eyebrows because, historically, the FDA takes at least 10 years to approve food additives. Neotame is also approved for use in Australia and New Zealand, but has yet to be approved in the UK.

10 DECEMBER 2002
The European Commission Scientific Committee on Food publishes its final report on aspartame. The 24-page report largely ignores independent research and consumer complaints, relying instead on frequently cited articles in books and reviews put together by employees or consultants of aspartame manufacturers. When independent research is cited, it is generally refuted with industry-sponsored data. An animal study showing aspartame's disruption of brain chemistry, a human study linking aspartame to neurophysiological changes that could increase seizure risk, another linking aspartame use with depression in individuals susceptible to mood disorder, and two others linking aspartame ingestion with headaches are all dismissed.

The report's conclusion amounts to a single sentence: 'The committee concluded that.there is no evidence to suggest that there is a need to revise the outcome of the earlier risk assessment or the [acceptance daily intake] previously established for aspartame.'

As with the FDA, there are concerns about the neutrality of some of the committee's members and their links with the International Life Sciences Institute (ILSI), an industry group that funds, among other things, research into aspartame. ILSI members include Monsanto, Coca-Cola and Pepsi.

19 FEBRUARY 2003
Members of the European Parliament's Environment, Public Health and Consumer Policy Committee approve the use of sucralose (see page 50) and an aspartame-acesulfame salt compound (manufactured in Europe by the aspartame-producing Holland Sweetener Company and sold under the name Twinsweet), agreeing to review of the use of both in three years' time. At the same time, a request by European greens that the committee re-evaluate the safety of aspartame and improve the labelling of aspartame-containing products is rejected.

MAY 2004
The feature-length documentary Sweet Misery is released on DVD (see http://www.soundandfuryproductions.com). Part-documentary, part-detective story, it includes interviews with people who have been harmed by aspartame, as well as credible testimony from advocates, doctors, lawyers and long-time campaigners, including James Turner, HJ Roberts and renowned neurosurgeon Dr Russell Blaylock. (UK orders: Namaste Publishing, info@namastepublishing.co.uk.)

SEPTEMBER 2004
US consumer group the National Justice League files a $350m class action lawsuit against the NutraSweet Corporation (the current owner of aspartame products), the American Diabetes Association and Monsanto. Some 50 other defendants have yet to be named, but mentioned throughout the lawsuit is the central role of Donald Rumsfeld in helping to get aspartame approved through the FDA. The plaintiffs maintain that this litigation will prove how deadly aspartame is when it is consumed by humans. Little progress has been made so far in bringing the action to court.
The NutraSweet Company reopens its plant in Atlanta, Georgia, (dormant since 2003) in order to meet increased demand for its sweetener. Aspartame, sold commercially as NutraSweet, Equal, Equal-Measure, Spoonful, Canderel and Benevia, is currently available in more than 100 countries and used in more than 5,000 products by at least 250 million people every day. Worldwide, the aspartame industry's sales amount to more than $1 billion yearly. The US is the primary consumer.

JULY 2005
The Ramizzini Institute in Bologna, a non-profit, private institution set up to research the causes of cancer, releases the results of a very large, long-term animal study into aspartame ingestion. Its study shows that aspartame causes lymphomas and leukaemia in female animals fed aspartame at doses around 20 milligrams per kilogram of body weight, or around half the accepted daily intake for humans.

#4822 Re: The Garden » What have you bought yourself today? » 920 weeks ago

Nothing. It's my birthday and I'm broke. Maybe I'll scrape together enough for a pack of luckies after work.

#4823 Re: The Garden » Canadian Dollar vs US Dollar » 921 weeks ago

Jameslofton wrote:

Canada has always been a major ally of the US. I don't think there are any issues between agreements reached between US and Canada. NAFTA was the killer, as it started the outsourcing of the US manufacturing base to Mexico, and of course China during the Clinton years. There is no policy enacted during the Reagan years that has led to the downfall of this country. I know liberals always love to bash him, but they have no real ammo. He saved this country from a major economic crisis and bluffed the Soviets into bankruptcy. He single handedly built the US military into the most dangerous war machine this planet has ever seen. Not too shabby compared to the records of the presidents who came after him.

Reagan is still the guy responsible for signing the papers that preceeded NAFTA. The fact that this happened in his last week in office is very telling. He could easily have refused without political consequences, so the best case scenario is that he was duped into signing it.

In fact, I think there's more than enough ammo to seriously question the conventional perception of the man. The bankruptcy of USSR began the moment they became enemies of America. The might of Soviet was always based on slave labor and terror. The infrastructure was so bad that it's a miracle they lasted as long. So that process can't be attributed to any President since it was continous effort spanning decades until one had to crack.

He had authority, and for that he deserves respect, but in the long run he did nothing except continuing the established policy. I can't see how spending trillions on the military had good effects on the economy. I rank him alongside Clinton, a nice face and a charming personality. Good for public relations, but in the end nothing special.

#4824 Re: Dust N' Bones & Cyborg Slunks » Slash's Version Of The Bands Break-Up » 921 weeks ago

Jameslofton wrote:

My reunion theories have now officially come to an end.

You know what that means...in 12 months...

#4825 Re: The Garden » Canadian Dollar vs US Dollar » 921 weeks ago

Backslash wrote:

As a Canadian business student, I need more time to address all the issues in this thread (as there are many), but I'll just dip on the NAFTA issue for now.  James, NAFTA was enacted in 1992, while US/Canadian Free Trade was enacted in 1990.  Both happened before Clinton's time; they go back to Bush Sr. days.

Actually the US/Canadian agreement was enacted on January 1, 1989, which puts the ball in Reagans court. He left office January 10th.

#4826 Re: The Garden » Canadian Dollar vs US Dollar » 921 weeks ago

PaSnow wrote:

Our country has also flourished in the last 90 years as well.

In reality that's a half truth. 90 years ago one person could support a large family on his income, today 2 persons can support a small family with 2 incomes. It all seems very flashy with our big SUV's, flat screen tv's and nice clothes. However, none of that would have been possible if it weren't for the near slave workers producing these things for us in third world countries.

So yes, we have nicer and more things today (shit you don't need btw), but the reason for that is not a healthy economy. Most of it is simply due to a decrease in production costs through exploitation and advances in technology.

Set up a graduated income tax,

100% of that money goes directly to down payment of the national debt, or to be more precise, the interest on the national debt. Why is there interest on the creation of money? It's just a total waste benefiting those with primary access to new money before the inflation hits in (the government and the federal reserve banks).

built a limitless roadway & railroad system, built millions of homes each decade, gave rise to corporate America & increased job growth( http://www.leftbusinessobserver.com/Stats_unempl.html ). In the 1930's the WPA was paying people to dig holes & work on parks, because there were no jobs the government had to give them jobs (which it should make people do who are on welfare but that's a whole nother story). America came a long way under FDR's regime, and has hardly looked back since.

Again, all of that is true, but you need to consider all the different factors contributing to this, and few of them are sustainable in the long run. Take the Roman Empire as an example. For the most part of it's existence the wealth increased in Rome, but as any historian will tell you it was not because of a healthy economy. It was based on plunder, slave labor and exploitation. A closer look at our economy will reveal som frightening parallels. 

11 recessions is nothing, it's part of the process, a give & take. But overall our countries been pretty fucking good since WWII ended in 1945. Sure it had it's setbacks, but relatively speaking compared to other countries, we've been very strong & fortunate.

Part of the process? According to who? Sorry man, but that is a lie. Recessions happen because the economic system is in an imbalance. Think about it; 300 years ago 20 persons could produce food for 21 persons. Today 20 persons can produce food for thousands of people. So why are we not living the life of leisure, playing golf and maybe punch in a couple of hours a day? Because the system is stealing from us. There is no sound reason for us to pay 20$ for something that cost 10$ a couple of years ago. The reason it happens is because the government and the FED spends way more than the country can produce. This causes money to lose value constantly. And since we, the common man, are last in line we lose the most. Just so the government can spend money on war, overpriced projects, bureaucracy, tax cuts for the rich etc. etc.

We live well, but it could have been a hell of lot better.

#4827 Re: Management » Custom Titles - Request Them Here » 921 weeks ago

downliner wrote:
polluxlm wrote:

Acquiris Quodcumque Rapis

You reap what you sow?

Indeed.

Thanks.

You know latin?

#4828 Re: The Garden » Canadian Dollar vs US Dollar » 921 weeks ago

Jameslofton wrote:

The FED certainly plays a role, but the past two presidents economic policies played a role as well. They most certainly deserve part of the blame.

Permanent tax cuts, massive spending bills, blank checks for wars, and the FED pumping out dollars like its monopoly money has destroyed us.

Has any american ever wondered where all this money is coming from when there is barely any money coming into the system through tax revenue? Its coming out of thin air.

Presidents don't have economic policies. They are mere announcers of policy.

I'm amazed at how little knowledge is held about the nature of money and economy even at the top levels of government. Actually, I'm not amazed at all when thinking about it. What you get as a graduate in economics and through experience in the field is a level of understanding about a system. If that system is rotten it doesn't matter how well you utilize it. In the end you will fail since you never approached the problem from the correct angle. That's why Bernabanke continues to pour worthless dollars in to the economy, it's all he knows. Same goes with politicians, reporters, directors, teachers etc. What may be perceived as corruption, incompetence and even conspiracy is in most cases just conditioning, conditioning to a limited spectrum of reason.

That is the heart of this conspiracy, and that is why nobody can 'prove' it exists. In theory it doesn't even require active players at this point. It has become self sustaining.

And that my friend is the real scary aspect of this. Everybody knows there has been severe fiscal irresponsibility, everybody knows the collapse is coming. Still, our society is simply not able or equipped to handle it. And it's not just the economy. Education, health, security, bureaucracy you name it.

We're basically just a bunch of Thelma & Louises thinking we're in a Superman movie.

#4830 Re: The Garden » Canadian Dollar vs US Dollar » 921 weeks ago

Don't blame Bush, Clinton or whomever. Blame the FED. They're the ones who are supposed to be the source of stability in the economy. Still they keep printing more and more money, further weakening the dollar.

But hey, nothing new under the sun. This will be what, the 11th recession in America since the establishment of the FED some 90 years ago.

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