SUBSCRIBE TO GET NEWS ON MAIL

Enter your email address:

Delivered by FeedBurner

Frist Page

Translate

Showing posts with label 2009. Show all posts
Showing posts with label 2009. Show all posts

29 April 2013

6 super-foods that fight cancer and prevent cancer




If you want this blog to get up with great information:
Share & Follow us on facebook and be updated! http://www.facebook.com/shortcuttingblog
 
 
garlicandspoon 235x147 6 Super Foods that Fight Cancer and Prevent Cancer
Prevention is key with natural health solutions, although we firmly believe that anyone can beat cancer with nutrition. It is said that at least half of all cancer cases can be prevented through lifestyle changes such as diet, which also just so happens to be one of the best methods in protecting yourself against cancer. Given the genetic evidence that antioxidants help treat and prevent cancer, it’s never too early to add these antioxidant superfoods and other foods that fight cancer into your daily diet.
Without further ado, here are 6 foods that fight cancer and prevent cancer.

1. Foods that Fight Cancer – Chocolate

Is chocolate good for you? Here’s one pleasure you don’t have to feel so guilty about—as long as you eat the right kind. Cocoa is full of antioxidants that fight free radicals, with unsweetened baking cocoa powder boasting an ORAC (Oxygen Radical Absorbance Capacity) value of 50,000 units per 100 grams. Your best bet is to go with moderate amounts of dark chocolate or homemade varieties. Making homemade chocolate is easier than you think.  Just add:

20 April 2013

What Sugar Does To Your Brain?




 


article-sugar-truths-revealed-1
What is the correlation between sugar and brain function? It turns out that this relationship, like any relationship, has it's good points and it's bad points. Have you ever felt the excitement and agitation of a sugar buzz? And then the lethargy of a sugar crash? Your brain needs some sugar to function, yet too much sugar can be harmful. We all love to have those sweets but must learn to enjoy them in moderation.Overeating, poor memory formation, learning disorders, depression—all have been linked in recent research to the over-consumption of sugar. And these linkages point to a problem that is only beginning to be better understood: what our chronic intake of added sugar is doing to our brains.


According to USDA,  the average American consumes 156 pounds of added sugar per year. That's five grocery store shelves loaded with 30 or so one pound bags of sugar each. If you find that hard to believe, that's probably because sugar is so ubiquitous in our diets that most of us have no idea how much we're consuming. The Centers for Disease Control (CDC) puts the amount at 27.5 teaspoons of sugar a day per capita, which translates to 440 calories—nearly one quarter of a typical 2000 calorie a day diet.The key word in all of the stats is "added." While a healthy diet would contain a significant amount of naturally occurring sugar (in fruits and grains, for example), the problem is that we're chronically consuming much more added sugar in processed foods, generally in the rapidly absorbed form of fructose.
 Glucose
Glucose is a form of sugar that your body creates from the carbohydrates you eat. Once the glucose is made it gets into the bloodstream so that your muscles and organs can use it for energy. In fact, your brain needs at least 125 to 150 grams of glucose per day to function. It's usually the only source of energy for the brain. The brain's neurons must have this supply of energy from the bloodstream since they aren't capable of storing energy, like fat, for later use.
But not all sugar is equal. There are different forms of sugar that your body uses for energy, some more harmful than others. The brain needs a steady supply of energy that will last until more energy comes along. Spikes in this supply are dangerous and cause things such as hyperactivity and 'sugar crashes'. The sugar from fruit will get into the bloodstream at a steady rate as the fruits digests in the stomach. Fruits also provide great sources of vitamins, minerals and fiber, so fruit sources of sugar are great for the brain and your body.

Complex carbohydrates such as starch also break down in the liver to form sugar. These strands of energy take a longer amount of time to break down, so this source of sugar works well with the brain in much the same way as fruit. They can provide energy for hours without diminishing. One thing to think about though about complex carbohydrates is that they contain appetite enhancers and so tend to cause people to overeat, unlike fruit.

Refined sugars and brain function are a big no-no. These are the sugars we typically find in abundance on store shelves and in the average North American diet. The sugar energy from soda, cookies and desserts, flood your bloodstream with glucose almost immediately. At first you get an initial 'sugar high' as the sugar queues serotonin, a brain chemical that makes you feel happy, to be released into the brain. The massive increase in blood sugar signals the pancreas to start pumping out large amounts of insulin. Once the insulin gets into the bloodstream it soaks up the sugar to store for later use, depriving the brain, other organs and muscles of energy. These are the beginnings of the infamous 'sugar crash' as you become weak, tired and unable to focus. The 'sugar high' combined with the ensuing 'sugar crash' causes you to crave even more sugar, most likely resulting in a damaging cycle of sugar binging. So avoid refined sources of sugar as much as possible.
 David DiSalvo of Psycholgy Today writes that Research indicates that a diet high in added sugar reduces the production of a brain chemical known as brain-derived neurotrophic factor (BDNF). Without BDNF, our brains can't form new memories and we can't learn (or remember) much of anything. Levels of BDNF are particularly low in people with an impaired glucose metabolism—diabetics and pre-diabetics—and as the amount of BDNF decreases, sugar metabolism worsens.
In other words, chronically eating added sugar reduces BDNF, and then the lowered levels of the brain chemical begin contributing to insulin resistance, which leads to type 2 diabetes and metabolic syndrome, which eventually leads to a host of other health problems. Once that happens, your brain and body are in a destructive cycle that's difficult if not impossible to reverse.
Another connection between sugar and brain function concerns dysfunction. People who regularly eat too much sugar over a long period of time often become diabetic. These people often have dwindling mental capabilities. They are more at risk to develop depression and different cognitive problems with memory, processing information and recognizing spatial patterns. It can even lead to dementia. Also, people who suffer from diabetes have a 65% higher incidence of Alzheimer's disease than those who are not diabetic.
Research has also linked low BDNF levels to depression and dementia. It's possible that low BDNF may turn out to be the smoking gun in these and other diseases, like Alzheimer's, that tend to appear in clusters in epidemiological studies. More research is being conducted on this subject, but what seems clear in any case is that a reduced level of BDNF is bad news for our brains, and chronic sugar consumption is one of the worst inhibitory culprits.
Other studies have focused on sugar’s role in over-eating. We intuitively know that sugar and obesity are linked (since sugar is full of calories), but the exact reason why eating sugar-laden foods seems to make us want to eat more hasn’t been well understood until recently.
New research has shown that chronic consumption of added sugar dulls the brain’s mechanism for telling you to stop eating. It does so by reducing activity in the brain’s anorexigenic oxytocin system, which is responsible for throwing up the red “full” flag that prevents you from gorging. When oxytocin cells in the brain are blunted by over-consumption of sugar, the flag doesn’t work correctly and you start asking for seconds and thirds, and seeking out snacks at midnight.


What these and other studies strongly suggest is that most of us are seriously damaging ourselves with processed foods high in added sugar, and the damage begins with our brains. Seen in this light, chronic added-sugar consumption is no less a problem than smoking or alcoholsm. And the hard truth is that we may have only begun to see the effects of what the endless sugar avalanche is doing to us.
 Manufacturers today put sugar in everything from the bread in your pantry to the turkey on your table. That makes sweet ol' sugar the ultimate supervillain—or at the very least a driving force behind heart disease and diabetes.
SNEAKY SOURCES OF SUGAR

ASIAN SAUCES
Asian sauces—or at least American versions of Asian sauces—are notorious sources of hidden sugars. The viscous liquids that give us sesame chicken, sweet and sour pork, and beef teriyaki aren't all that dissimilar from pancake syrup. Check the nutrition label for ingredients like corn syrup and high-fructose corn syrup, and watch out for anything that ends in "-ose" (dextrose, maltose). These are all forms of sugar. Then be prepared to do some math—most bottled sauces list nutrition information for impractically small serving sizes. Who uses only 1 tablespoon of sauce?

 
FRUIT SPREADS
Jams, jellies, and preserves seem like healthy breakfast alternatives to butter and cream cheese—and they are if they contain only fruit. But many fruity toppings house a shocking amount of added sugar. Smucker's, for instance, packs three different sweeteners into its classic Strawberry jam. Why three? Because if the company used only one, it would have to list "sugar" as the first item on the ingredient statement. By spreading the impact over three sweeteners, it can push fruit to the top of the ingredient list and hide the sweeteners below. It's a common trick used by food processors to make their products look healthier than they are. Just remember that fruit is its own natural sweetener. Opt for an unadulterated version like Polaner's All Fruit spreads, which—true to name—contain nothing more than fruit and fruit juice.

 
SALAD DRESSINGS
You may not be aware of that salad saboteur lurking in your pantry. When the so-called "light" dressings take out fat, they often add sugar in its place. Take Ken's Sun-Dried Tomato Vinaigrette, pictured here. It contains as much sugar in each serving as some ice creams do in each scoop. And what's worse, it's laced with food starch. Although technically not sugar, it reacts in your body in almost exactly the same way. That means that in addition to the 12 grams of sugar on the label, you're also taking in a heavy dose of blood-sugar-spiking starch. Let's call this dressing what it really is: salad frosting.

 

SPAGHETTI SAUSE
There's no need to add sugar to tomato sauce because tomatoes are naturally sweet. So why do processors insist? Because instead of using fresh olive oil and vegetables, they're often making their sauces from cheaper vegetable oils, dehydrated veggies, and other subpar ingredients. Sugar is a quick fix: It makes everything taste like candy! To that point, Francesco Rinaldi lists sugar as the second ingredient in this sauce, which brings the total impact to nearly 3 teaspoons of sugar in each serving. Your best bet? Go with a no-sugar-added option like Ragu's Tomato Basil. It contains just tomatoes, onions, and spices. And be sure to also look out for the sugar count of barbecue sauces—another tomato-based sauce notorious for sneaky sweeteners.

 
OATMEAL
Oats have been linked to heart health, weight loss, and cancer prevention, so it's natural to assume that oatmeal is always a nutritious breakfast choice. But many food producers spoil the whole-grain goodness by flavoring their oats with artificial ingredients and loads of sugar. Quaker's Cinnamon Roll Oatmeal Express, for example, takes its name very seriously—it contains as much sugar as two Pillsbury cinnamon rolls! A touch of sugar is one thing, but unless you want to eat dessert for breakfast, go with a lower-sugar option. Or better yet, make your oatmeal from scratch so you can control the sugar load. (Tip: Berries are the perfect way to sweeten naturally.
 

"WHEAT" BREAD
Studies have shown that whole grains improve your heart health, keep you full, and help you lose weight, but not all bread products labeled "wheat" are true whole grains. Restaurants and supermarket aisles are rife with whole-wheat imposters containing enriched flours and sugars intended to improve the taste of wheat products. So even though you don't typically file bread under the "sweets" category, your daily sandwich could be loaded with refined carbs and sugars. The best example of the whole-wheat bait-and-switch is the "Honey Wheat" bread Arby's uses on its Market Fresh sandwiches. First, it's not whole wheat (enriched flour is the first ingredient). And second, there are 15 grams (!) of sugar in every two slices. That's more sugar than you'll find in a Hostess Ho Ho!

 
YOGURT
Yogurt is low in calories and high in protein, which is why a recent Harvard study found that regularly consuming the stuff helps you lose weight. The problem? Many producers pump their "fruit flavored" yogurts with sugar. Case in point: The cups in Yoplait’s Original 99% Fat Free line pack as much sugar as a bag of peanut M&M’s. Unless yogurt is your weekly diet splurge, go with a less dessert-y option like Dannon Light & Fit, or opt for plain yogurt and add your own healthy toppings like fresh fruit and nuts.
 
FROZEN DINNERS 
The idea of a frozen meal packed in a nuke-able box probably doesn't get your taste buds giddy with anticipation. Food manufacturers are aware of this fact, so they go heavy on the sugar and/or salt. Some of the worst offenders? Low-cal or otherwise "light" entrées. When food companies remove fat or carbs from their items, they usually replace those calories with excessive doses of sugar or sodium. Take Lean Cuisine's Roasted Turkey Breast entrée, for example. Chances are you don't think of turkey as dessert, but with 7 teaspoons of sugar, that's exactly what you're getting if you pop one of these babies in the microwave. Again, it's all in the nutrition label. Don't just focus on fat and calories; make sure to look out for sneaky sugars and sodium as well. 





BOTTLED TEA
In recent years, tea has received a lot of good press for its impressive antioxidant properties, and beverage companies have taken advantage by flooding the market with options. But the taste of plain herbal tea doesn't draw in the crowds, so many drink purveyors pump their teas with high-fructose corn syrup and other cheap sweeteners to boost flavor. Before you buy a bottle, flip it over and read the nutrition label. If you're looking at Arizona's Green Tea, you'll notice that it has more sugar than a Snicker's bar. 


worldthruth.tv






 
 

19 April 2013

Supreme Court to decide if human Genes can be Patented

17.si 
The US Supreme Court is about to hear arguments in a case challenging patents on breast and ovarian cancer genes. If the court upholds the company’s right to patent human genes, the course of US medical research could forever be altered.
The case involves the Utah biotech firm Myriad Genetics, which for years has been facing a lawsuit for placing patents on human genes and restricting cancer patients’ treatment options.
The molecular diagnostic company, which is based in Salt Lake City, holds a number of patents on genes related to breast cancer and ovarian cancer, two of which US District Court Judge Robert W. Sweet ruled invalid in 2010, the decision that Myriad appealed. The genes in question, BRCA1 an BRCA2, often appear in cancer patients, sometimes before the cancer has even developed. With methods to diagnose these genes patented by Myriad Genetics, patients are unable to go to any other doctors for a second opinion before seeking treatment.
“Myriad is gate-keeping who can do what research on these genes and they are uniquely aggressive in how they control a patent,” Karuna Jagger, executive director of Breast Cancer Action, told The Guardian. As a result of Myriad’s gene-ownership, other doctors and researchers are unable to develop alternate tests or treatment options, thereby giving cancer patients very few options.
Women with the BRCA1 or BRCA2 genes have no other options aside from taking the Myriad test, which is expensive and not always covered by insurance. Breast cancer survivors are expected to speak before the Supreme Court next week, where they will talk about the costs of the $3,000 tests that their health insurances did not cover.
“The Supreme Court has the opportunity to right this wrong, to correct a problem that could free up human genomics to develop new diagnostic tests,” Jagger said.
A coalition of cancer survivors, scientists, cancer patients, medical associations and support groups have expressed their outrage at the biotech firm for patenting parts of the human body, which they say are “products of nature” and should not be financially exploited. The group claims that the patents violate the First Amendment by restricting the free exchange of ideas on human body parts.
Runi Limary, a 36-year-old breast cancer survivor, told USA TODAY that one of the patented genes showed up in her body when she was 28. Suspecting ovarian cancer, she debated having her ovaries removed, but couldn’t get a second opinion because Myriad held a patent on the mutated gene that she developed.
“It’s so frustrating,” she said. “I’m really trying to buy time until I’m 40.”

Limary has not yet had her ovaries removed, since doing so would diminish her ability to have children. She claims that if Myriad didn’t have a patent on the mutated gene, she could seek better treatment options and medical advice.
In its defense, Myriad argues that without the ability to have such patents, which financially sustain the industry, research and development would dry up. But patent-opponents claim that the resulting competition would cause medical bills to go down in price and lead to greater scientific discoveries.
“It’s about the future of personalized medicine for every single human being on this planet, and actually animals too,” Ellen Matloff, director of cancer genetic counseling at Yale School of Medicine, told USA TODAY.
Currently, about 20 percent of the 4,000 genes found in the human body are already covered by a patent, including some linked to colon cancer and Alzheimer’s disease. Some patents are owned by research institutions that try to prevent large corporations from using them for profit.
The Supreme Court ruling on Myriad’s patents could affect the entire medical industry. The court will ultimately decide whether or not human genes can be ‘owned’ by corporations, which continues to encourage a race towards discovering them, while also limiting research after their discovery.
“You have to ask, how is it possible that my doctor cannot look at my DNA without being concerned about patent infringement?” Christopher Mason, assistant professor at Weill Medical College, told The Guardian.
But in order to strike down Myriad’s patents, the Supreme Court would likely have to rule against a law that has already allowed about a thousand human genes to become patented – a landmark decision that would overhaul the US medical research system.


Source:
RT
http://worldtruth.tv/


Photo surfaces of ‘The Craft’ Mobile Communications van at Boston Marathon

The_Craft_Communications_Van-600
A detailed, hi-res photo of more "The Craft" operatives and what appears to be their mobile communications van has just surfaced. "The Craft" is a group of private military operatives who have been revealed through a fast-growing number of photos published by Natural News and Info Wars.
The mainstream media is engaged in a total blackout and refuses to run any photos of "The Craft" operatives. This story is quickly becoming the biggest media cover-up in history.
Natural News was the first to identify the brand of the radiation detector being held in the hand of one "Craft" operatives. Now, we appear to be the first to run this photo of what looks to be an extremely high-end mobile communications van with seven more "Craft" operatives.
The van clearly has a foldable satellite dish as well as what is possibly a microwave communications dome. The vehicle is a Chevy Escalade that has been outfitted with hundreds of thousands of dollars worth of roof racks and communications equipment.

Note: We can't be 100% certain this vehicle belongs to The Craft team, but it fits their M.O. While all the other emergency vehicles on the scene are clearly marked, this vehicle is unmarked. The proximity of The Craft members to the van is also an indication that this vehicle may be a "rally point."
Here's the image:

The_Craft_Communications_Van-600 

IP satellite?
We may have identified the nature of the dish on the top of the vehicle. It closely resembles Quickspot IP satellite systems.

Gerald's Best Moves For Investors. In Our Free Investor Report.

Quickspot_IP_satellite 

Quickspot allows a vehicle to have broadband internet access on demand, anywhere in the world.
Here are some additional photos of "The Craft" operatives that the alternative media has spearheaded while the delusional mainstream media continues to pretend that none of these photos even exist!

The_Craft_Three_Guys-600 
The_Craft_Two_Guys_Boston_Marathon 
The_Craft_Skull_Logo 

Source:

http://worldtruth.tv

 


5 Conspiracy Theories Which Turned Out to be True

There are types of stories called “conspiracy theories” and the people who teach them are considered by “society” as crazy fanatics who often need medical treatment. What if I tell you that “society” should take some of that medical treatment, cause sometimes such incredible stories, nobody believed in, turn out to be 100% true.
What if I tell you that the doctors did not treat us, just wait until we die to cut our bodies?

1. Tuskegee syphilis experiment

In the years 1932-1972, there were a series of experiments on about 400 syphilis-infected black citizens of the United States. The study selected the poor, simple and uneducated – most of them did not even know about their illness. U.S. Public Health Service had promised free treatment to patients. In fact, they were given aspirin. The purpose of this “experiment” was to observe a progressive disease in representatives of the black race, and the scientific autopsy of deceased participants in these studies. As a result, 28 people died directly of syphilis, 100 died as a result of complications directly related to the disease, 40 women were infected by unconscious patients, and 19 children were born with congenital disease.

male_blood_test-600x463 

The sad truth about the Tuskegee Experiment was confirmed in 1997 by President Bill Clinton, who officially and publicly apologized to the eight surviving participants in these studies.
What if I tell you that the U.S. government itself commits “acts of terror” on its land, just to have an excuse to invade another country?

2. Operation Northwoods

In 1997, as a result of the murder of J.F. Kennedy, fifteen hundred pages of documents entitled “Operation Northwoods” were declassified. In the 60s, the United States was preparing for war with Cuba. To fire up the war machine public support was needed. In turn the defense secretary presented a paper called “Justification for U.S. Military Intervention in Cuba” so they had a whole range of interesting provocations, such as terrorist attacks involving the blowing up military bases, starting fires, aircraft hijacking, “landing” of Cuban troops , bombings, and even the sinking of a boat full of armed Cubans.

tumblr_m81dwnU5MW1qe9qfso1_500 

see the full document for yourself here
These false flag terrorist attacks were to be carried out by the CIA on a massive scale so that the citizens of the United States would feel threatened by Fidel Castro and the government had an excuse to start a war. The plan was never implemented however, as president Kennedy met with the General Lyman Lemnitzer and rejected the plan of operation. This time it did not work …
What if I tell you that it is just about oil?

3. Nayirah Testimony

In August 1990 there was conflict between Iraq and Kuwait, mostly over oil fields as Saddam Hussein accused Kuwaitis of theft of these resources. On October 10th the whole world turned its eyes toward a fifteen-year old girl named Nayirah, who wept profusely as she talked about inhumane crimes committed by Iraqi soldiers. The young Kuwaiti was to witness the killing of more than 300 babies in a hospital. The dramatic speech touched the hearts of viewers and managed to drum up overwhelming support for the involvement of the United States in this conflict and the outbreak of the Gulf War.

liar1-600x450 

When the battle dust settled, someone took a closer look at Nayirah. Quickly it became apparent that the sobbing girl in front of millions of viewers was the daughter of Sheikh Saud Nasser Al-Saud Al-Sabah – Kuwaiti Ambassador to the United States and a member of the royal family. The child was handed to PR whizzes – Hill & Knowlton company, where she passed a course in comprehensive acting training. It had to work out – the company bosses signed an $11.9 million contract with the Kuwaiti royal family. The task was simple — to persuade the U.S. to military to take action against Iraq. Nayirah lied. This time it worked …
What if I tell you that the leading Nazi scientists got a job in USA after the war?

4. Operation Paperclip.

World War II was coming to an end and nothing more could change the situation of the Third Reich. American special forces had acknowledged that it would be a pity if some people lost their lives, especially those whose knowledge and experience could potentially serve the interests of the United States. As part of Operation Paperclip, they smuggled into the U.S. a group of gifted scientists from the Nazi rocket industry, medicine and chemical weapons divisions.

 

In the safe arms of Uncle Sam there were, among others, Wernher Von Braun (SS-man, the creator of the famous missile V-2), Kurt Blome (a doctor specializing in biological weapons, which tested their inventions on prisoners in Auschwitz) and Hubertus Strughold (“father of space medicine” who examined the effect of extremely low temperatures on the human body in camp Dachau). In total, 700 German “men of science”, found their new home on American soil.
What if I tell you that the government controls your mind?

5. MK-Ultra

In many conspiracy theories there are fragments of “Big Brother”, which uses a variety of different methods to brainwash the public. It turns out that playing with people’s minds was actually done by the CIA a good half a century ago! In the 60s, thanks to the NY Times reporters, details of the MK-Ultra project came to light, which was aimed to investigate the human ability to be controlled by the use of certain chemicals, subliminal messages, electrical impulses and psychoactive substances. The project itself consisted of a number of sub-projects. For example, MK-Search was designed to create the perfect truth serum that could be used on captured Russian spies.

1148930404_5d249926b8_o-600x450 

They also looked into research on the practical use of LSD. Experiments were conducted on prostitutes, prisoners and people with mental illness. Often times without their knowledge or consent. One such experiment was to give the drug to seven volunteers continuously for 77 days … Among the substances, with which the CIA dealt was also amphetamines, psilocybin and mescaline. They also experimented with hypnotic seances. When information about MK-Ultra was released to the public, a number of committees of inquiry were established and this research was formally and publicly condemned.
It is often said that the infamous project was one of the factors which resulted in the generation of the hippie movement. Ken Kesey – author of “One Flew Over the Cuckoo’s Nest”, as a volunteer, was participating in one of the experiments, prepared by the CIA. The effect of LSD on the human mind intrigued the writer so much, that he became one of the first proponents of the use of psychedelic drugs in the context of recreation. Another member of psychedelic experimentation was Robert Hunter of the Grateful Dead …
We know that these theories turned out to be true. And how many more are waiting to be revealed? There are some people who do a lot to hide the truth.
Source:
truththeory.com





Did Cocaine use by Bankers cause the Global Financial Crisis?

chocaine 
"Wall Street got drunk" was George W Bush's typically incisive take on the main cause of the emerging financial crisis in July 2008. Two years later the governor of the Bank of England, Mervyn King, explained in his Mansion House speech that "the role of a central bank in monetary policy is to take the punch bowl away just as the party gets going" (something that he admitted had not occurred). But perhaps the wrong intoxicant was being blamed. The controversial former drug tsar David Nutt told the Sunday Times this weekend that cocaine-using bankers with their "culture of excitement and drive and more and more and more ... got us into this terrible mess".

I'm inclined to agree. Cocaine is (I'm reliably informed) a drug that results in intense bouts of over-exuberance as well as a tendency to talk extremely convincingly about stuff you know nothing about. Everyone accepts that a credit bubble occurred in the mid-noughties and that it was a direct result of what the former US Federal Reserve chief Alan Greenspan has referred to as "irrational exuberance". It could also be argued that traders would be better able to sell absurdly complicated financial weapons of mass destruction after taking a confidence-boosting narcotic such as cocaine. Furthermore, surely only cocaine-ravaged buffoons would actually buy billions of dollars worth of mortgage-backed securities when they were so clearly doomed to explode the minute the property boom stalled.

I certainly saw my fair share of sniffly noses and gurning jaws at City bars every Thursday night. I also heard overconfident gibberish being spouted by brash wide-boys throughout my 12-year banking career. There were also lots of stories about some of the big swingers in New York enjoying a line or 10 of an evening. Bernie Madoff's office was apparently known as "the North Pole" such were the gargantuan quantities of "snow" to be found there and most bankers are aware of the published allegations that Jimmy Cayne (former CEO of Bear Stearns) had an anti-acid medication bottle that was filled with cocaine.
Dr Chris Luke, an A&E specialist based at Cork University Hospital, Ireland, who has studied the effects of cocaine on bankers, has stated that "prominent figures in financial and political circles made irrational decisions as a result of megalomania brought on by cocaine usage". He concludes that "people were making insane decisions and thinking they were 110% right … which led to the current chaos."
Greed, selfishness, ignorance and ruthlessness also played their part, of course, but I think it would be foolish not to see the role that the drug played in creating the bubble. Herd mentality, which thrives during times of uncertainty, is certainly much more explicable when you factor in the trembling insecurity and depleted discernment that go hand in hand with a coke habit.
There is, I'm pleased to say, a happy ending to this sorry tale: my ex-colleagues and clients who still work in the Square Mile tell me that many City boys are now too scared to keep snorting the Bolivian marching powder. This may mean bankers are having less fun but, surely, it can only lead to a more restrained and sensible financial system.
Source:
by
Geraint Anderson
www.guardian.co.uk