Friday, 20 November 2009

News For November 20, 2009

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Fed Beaten
Bill To Audit Federal Reserve Passes Key Hurdle

By Ryan Grim

In an unprecedented defeat for the Federal Reserve, an amendment to audit the multi-trillion dollar institution was approved by the House Finance Committee with an overwhelming and bipartisan 43-26 vote on Thursday afternoon despite harried last-minute lobbying from top Fed officials and the surprise opposition of Chairman Barney Frank (D-Mass.), who had previously been a supporter. Continue

The Great Stimulus Debate of '09

"Crybabies need not apply"

By Mike Whitney

Barack Obama has decided to push the economy back into recession, and no one can figure out why. Perhaps the impressionable Obama has come under the spell of the deficit hawks and crystal gazers who see Armageddon around every corner. Continue

The Pending Collapse Of The U.S.A.

By Timothy V. Gatto

The truth that most people realize but can’t openly talk about is that America has seen better days and that the system of capitalism has long outlived its usefulness. Continue

Economic Crisis Is Getting Bloody

Violent Deaths Are Now Following Evictions, Foreclosures and Job Losses

By Nick Turse

Despite ever rosier economic predictions and a surging stock market, the body count from the economic crisis is destined only to grow in the weeks and months ahead. Continue

Get Out Of My Country

This is a must listen - Interview With Malalai Joya

A lone Afghan woman is making her way across to Canada arguing that our troops and all foreign forces should get out. Continue

Obama Aggresses
Media echoes lie : Iran threatens to "wipe Israel off the map."

By Carl Herman

“Crimes against Peace” is the planning of a War of Aggression. It is illegal under several areas of law wherein all nations bound themselves to prevent the carnage of war: the UN Charter (treaty status), Nuremberg Principles (or London Charter, treaty status), and US military law. Continue

53% Of Israeli's Favor Ethnic Cleansing

Poll: Transfer Tops Solutions to Arab-Israeli Problem

Israeli National News

Transfer of Arabs from the Palestinian Authority to actual Arab countries was the most popular solution to the Arab-Israeli conflict, according to a poll this week by Israel National News. Continue

Zionist Control of Britain’s Government: 1940-2009

By William A. Cook

The Zionists and their “gangs,” a euphemism for well equipped and well trained military forces, launched a full scale terrorist rebellion against the British by robbing banks, indiscriminate killing of British police, and the assassination of British minister-resident Lord Moyne in 1944. Continue

18 killed in Afghan suicide blast: A suicide bomber on a motorcycle killed 18 people, including several children, in a marketplace in western Afghanistan on Friday, close to a provincial governor’s compound, the governor said.

Five guards killed in attack on former Afghan warlord: A controversial former Afghan warlord who is now a lawmaker escaped unhurt after a roadside bomb ripped through his convoy on Friday, killing five of his bodyguards, police said.

Roadside bomb kills 3 civilians, wound 3 in E Afghanistan: Three civilians were killed and three others were injured as their car hit a roadside bomb in Khost city capital of Khost province in eastern Afghanistan on Friday, police said.

Outrage as Nato attack 'kills Afghan civilians': A joint Afghan-Nato raid has outraged Afghan villagers, who claim innocent civilians were killed. The operation took place in the village of Haiderabad in Ghazni province early on Friday morning.

2 occupation force troops killed in blasts, clashes in Afghanistan: Two coalition troops have been killed in bomb blast and clashes in Afghanistan belonging to UK and Denmark.

Gates: No handover to Afghan forces any time soon: US Defense Secretary Robert Gates says it was too soon to set a timeline for shifting security duties from NATO-led troops to Afghan forces, as proposed by Britain.

Afghan governor turned 3,000 men over to Taliban: "Lots of people, including my family members, went back to the Taliban because they had lost respect for the government. The British bore the brunt of this because the Taliban became the defenders of Helmand, where the local tradition doesn't allow foreigners to go into people's homes."

All Afghan detainees likely tortured: diplomat: All detainees transferred by Canadians to Afghan prisons were likely tortured by Afghan officials and many of the prisoners were innocent, says a former senior diplomat with Canada's mission in Afghanistan.

Extrajudicial killings: U.S. Kills 8 People In Pakistan: A U.S. drone fired two missiles at a compound being used by suspected Taliban militants in a village near Mir Ali in North Waziristan, according to two intelligence officials who spoke on condition of anonymity because they weren't authorized to release the information.

Pakistan: : Eight militants killed in clashes in Khyber Agency: At least eight militants were killed while several others were injured during clashes with security forces in Bara Tehsil of Khyber Agency.

Fact or fiction? Taliban chief hides in Pakistan: Mullah Mohammed Omar, the one-eyed leader of the Afghan Taliban, has fled a Pakistani city on the border with Afghanistan and found refuge from potential U.S. attacks in the teeming Pakistani port city of Karachi with the assistance of Pakistan's intelligence service, three current and former U.S. intelligence officials said.

Islamabad under pressure over Blackwater presence: Urging the across-the-board disarmament of the Pakistan-based US officials and military personnel as well as prosecution of alleged subversive elements, the party's Punjab President, Hashim Shaukat Khan said the Interior Ministry let 200 Blackwater staffers enter Pakistan without clearing the customs "under American pressure," the newspaper added.

Abbas confirms election delay: Palestinian presidential and legislative elections scheduled for January will be postponed, Mahmoud Abbas, the Palestinian president, has confirmed. - "Perhaps they will be delayed by a year, or less, I don't know. What I am saying now is that I will not be a candidate," Abbas said in the interview that was broadcast on Thursday.

'Fatah officials warn of third Palestinian intifada': Fatah had made a strategic decision to declare a third intifada against Israel, movement officials told Nazereth-based newspaper Hadith Anas, citing the failed peace talks as the reason for their resolution.

Israel conducting secret talks with Hamas, Abbas says: The Palestinian president reiterated his criticism against Israel, saying that Jerusalem wasn't truly interested in peace, adding that "Washington isn't pushing Israel enough to advance the peace process."

Stranger than fiction: Embracing Sarah Palin: It is time for America's Jews to toss aside their innate liberal leanings, and embrace Sarah Palin as a figure worthy of Jewish support. With her remarks this week, she has more than earned it

Is the Israel lobby doing more harm than good? : "With the price of a meal, he bought you as a captive audience for three hours," said a friend familiar with these events. "He does the same thing back home every month and gives the same speech. The politicians all come because they know there's a good chance they will get a check out of it for their campaigns."

The Pro-Israel lobby and Antisemitism: C4's Dispatches has been branded 'antisemitic', but surely Britain's Jewish community can cope with reasoned scrutiny?

In case you missed it: Inside Britain's Israel Lobby: Dispatches investigates one of the most powerful and influential political lobbies in Britain, which is working in support of the interests of the State of Israel.

In case you missed it: The Israel Lobby: Video Documentary: John Mearsheimer (University of Chicago) and Steve Walt (Harvard) published the controversial article 'The Israel Lobby and US foreign policy'. In it they state that it is not, or no longer, expedient for the US to support and protect present-day Israel. The documentary sheds light on both parties involved in the discussion: those who wish to maintain the strong tie between the US and Israel, and those who were critical of it and not infrequently became 'victims' of the lobby.

Historian: Obama Won't Go Head-to-Head with US Jews: “Ethnic minorities like the Jews are an integral part of the American nation, and every president in the White House understands that if he ignores the Jews of the United States and their supporters he will be making a mistake,”

Manufacturing Consent For Attack On Iran : Dismay at Iran nuclear response: Senior officials from six world powers have expressed disappointment at Iran's response to an offer of a deal intended to delay its potential ability to make nuclear bombs and have urged Tehran to reconsider the proposal.

Manufacturing Consent For Attack On Iran : Obama warns US, partners mulling 'consequences' for Iran: President Barack Obama warned Thursday that the United States and its partners were working on a package of steps to show Iran the "consequences" of its decision to snub a nuclear deal with world powers.

IAEA chief: Time is running out for Iran nuclear deal: The IAEA chief also said he did not want to see sanctions against Iran, adding he thought they would only force Tehran into a more hawkish position.

IAEA speaks out against fresh sanctions on Iran: "We have not received any written response from Iran. What I got of course is an oral response, which basically said 'we need to keep all the material in Iran until we get the fuel,'" ElBaradei said.

Demonizing Ahmadinejad : Media manipulation and war with Iran? This is another example of Mainstream Media's continuing suppression of basic facts concerning Israel and the Palestinians and other dramatic details related to the Middle East.

In case you missed it: How we lied to put a killer in power: The world's press was systematically manipulated by British intelligence as part of a plot to overthrow Indonesia's President Sukarno in the 1960s, according to Foreign Office documents. The BBC, the Observer andReuters news agency were all duped into carrying stories manufactured by agents working for the Foreign Office.

Houthis release new footage of Saudi attack: The Houthi fighters have released new footage, which they say depict Saudi aircraft targeting civilians in northern Yemeni villages near the border.

Colombia-Venezuela divide widens: Gabriel Silva, Colombia's defence minister, said uniformed men, allegedly from the Venezuelan army, blew up the bridges that cross into Colombia's Norte de Santander state. - Ramon Carrizalez, Venezuela's vice-president said the bridges were removed on the Venezuelan side and that they were illegal crossings used for drug trafficking.

U.S. urges Honduras de facto leader to step aside: – Honduras' de facto leader should make good on an offer to step aside for a week so voters can focus on November 29 polls and resolve the country's political crisis, the U.S. State Department said Friday.

Honduras regime seeks to disarm citizens ahead of polls: The Honduran de facto regime on Friday ordered citizens to turn in their weapons in a bid to avert violence around disputed presidential elections to be held at the end of the month.

Ecuador Closing bases: The closure of the US military base in Manta is a huge victory for both the Ecuadorian activists who have been campaigning for a decade against the US military presence in their country, and for the international No-Bases campaign.

Pat Robertson on Ft. Hood: Islam is ‘not a religion’: On his 700 Club TV show yesterday, Pat Robertson claimed that Islam is “not a religion,” but “a violent political system bent on the overthrow of the governments of the world and world domination”:

Pentagon budget must rise to fund current plans: An average of $567 billion would be needed annually, in constant 2010 dollars, from 2011 to 2028, not including any war funding, the nonpartisan Congressional Budget Office estimated.

Panel votes to audit the Fed; cap its spending at $4 trillion: A key congressional panel on Thursday approved legislation introduced by the Texas congressman Rep. Ron Paul, that - for the first time in the central bank's 95-year-history -- would require government audits of Federal Reserve monetary policy, as well as how much the central bank has lent and will lend to specific banks.

In case you missed it: Priceless: How The Federal Reserve Bought The Economics Profession: The Federal Reserve, through its extensive network of consultants, visiting scholars, alumni and staff economists, so thoroughly dominates the field of economics that real criticism of the central bank has become a career liability for members of the profession

Problem mortgages hit new high at 14 percent: More than 14 percent of borrowers were in trouble on their mortgage during the third quarter, a new record, according to an industry survey released Thursday

How many delinquencies are on new mortgages?: Mortgage delinquencies keep rising and are now occurring in a huge way among borrowers who had been rated good credit risks. Just about every category of mortgages gone bad hit a new record in the third quarter, according to the Mortgage Bankers Association.

New wave of foreclosures lurks as defaults pile up: Unless foreclosure modification efforts begin succeeding on a permanent basis - a scenario that many analysts think is unlikely - millions more foreclosed homes will come to market.

Nearly 10% of Texans running late on home loans, survey finds: More than a quarter of Nevada's homes with mortgages are delinquent or in foreclosure, the Mortgage Bankers' survey found.

Banks face major commercial real estate storm: Sooner or later, office buildings and other commercial real estate financed during the credit bubble will generate hurricane-scale losses for banks.

Hacked: Sensitive Documents Lifted from Hadley Climate Center: The whole affair has much of the blogosphere alight. Blogs skeptical of man-made global warming see blood in the water.

Climategate: the final nail in the coffin of 'Anthropogenic Global Warming'?: The conspiracy behind the Anthropogenic Global Warming myth (aka AGW; aka ManBearPig) has been suddenly, brutally and quite deliciously exposed after a hacker broke into the computers at the University of East Anglia’s Climate Research Unit (aka Hadley )

'Fat for cosmetics' murder suspects arrested in Peru: Four people have been arrested in Peru on suspicion of killing dozens of people in order to sell their fat and tissue for cosmetic uses in Europe.

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