Dow Theorist Richard Russell: Sell Everything, You Won't Recognize America By The End Of The Year

Richard Russell, the famous writer of the Dow Theory Letters, has a chilling line in today's note:

Do your friends a favor. Tell them to "batten down the hatches" because there's a HARD RAIN coming. Tell them to get out of debt and sell anything they can sell (and don't need) in order to get liquid. Tell them that Richard Russell says that by the end of this year they won't recognize the country. They'll retort, "How the dickens does Russell know -- who told him?" Tell them the stock market told him.'

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Chem Firm Pays Gore Cash For Water Campaign

Al Gore, the self-styled squeakiest-clean and deepest-green politician in American history, has some explaining to do this weekend. His environmental organisation has taken money to raise awareness about the need for clean water from a controversial chemicals company.

Dow Chemical, the US firm, is sponsoring Life Earth events in 150 cities today. The event aims to raise money for clean water programmes. Research by environmental organisations has found dangerous levels of highly toxic chemicals in rivers, lakes and other water supplies close to several other factories owned by Dow and its subsidiaries in countries including the United States, Brazil and South Africa.'

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What the Chemical Industry Doesn't Want You to Know about Everyday Products

The global chemical industry annually produces about 6 billion pounds of bisphenol A (BPA), an integral component of a vast array of plastic products, generating at least $6 billion in annual sales. The value of BPA-based manufactured goods is probably incalculable. Environmental Working Group studies have found BPA in more than half the canned foods and beverages sampled from supermarkets across the U.S.
Soon after scientists Frederick Vom Saal and Wade Welshons found the first hard evidence that miniscule amounts of BPA caused irreversible changes in the prostates of fetal mice, a scientist from Dow Chemical Company showed up at the Missouri lab. He disputed the data and declared, as Vom Saal recalls, "We want you to know how distressed we are by your research."
"It was not a subtle threat," Vom Saal says. "It was really, really clear, and we ended up saying, threatening us is really not a good idea."

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