Dead Zoned Out

It has arrived early; it's bigger than ever and it promises a summer of death and destruction. The annual "dead zone" in the Gulf of Mexico - starved of oxygen, and thus killing fish and underwater vegetation - has appeared earlier than usual this year.----The Independent/UK

Ok. So the only publication that provides information about this GULF problem -a great example of an unsustainable way of life-is A BRITISH PUBLICATION. This story, and the reasons WHY such an environmental problem exits is a case study in itself. Consider: nitrogen runoff. coupled with high levels of chemical usage generated from what: FARMING, DEVELOPMENT(lawn fertilizer, etc.) INDUSTRIAL POLLUTION. Of course there is no indication in America today of a rational dialog or even recognition by way of publicity on the sum of environmental harm we commit. Unchecked capitalism inevitably will lead to environmental catastrophe. That is all.

morbidly debt-ridden

"In addition to the pension and health care liabilities GM's debt is also of concern and is symptomatic of the high consumer, corporate and government debt levels. US corporate debt grew to new highs of over $9 trillion, representing 84 percent of GDP. These high debt levels are significant when you consider that the Federal Reserve has stated it intends to continue to raise interest rates, and that equity markets are overvalued by all traditional measures. The combination of decreasing consumer spending and increased debt service costs will ultimately translate into slower growth, a contraction in earnings and reduced profit margins. This will all translate into declines in stock prices. "

An excellent article relating to fiscal fitness.