Tuesday, 18 May 2010

News For May 18, 2010

Bill for Afghan War Could Run into the Trillions

By Eli Clifton

Nobel Prize-winning economist Joseph Stiglitz and Harvard professor Linda Bilmes estimated that the long-term costs - taking into account the costs of taking care of wounded soldiers and rebuilding the military - of the war in Iraq will ultimately cost three trillion dollars. Continue

Itching to Fight Another Muslim Enemy

By Robert Parry

If you read the major American newspapers or watch the propaganda on cable TV, it’s pretty clear that the U.S. foreign policy Establishment is again spoiling for a fight, this time in Iran. Continue

Mohammed elBaradei on the Iranian Nuclear Issue

By Mohamed ElBaradei

Iran wants a “nuclear weapons capability”—which is not the same as actual nuclear weapons—to be taken seriously as a regional power by the United States. Continue

Nuclear Israel vs Iran

Video report

2 Nuclear Research Centers - At Least 108 Nuclear Warheads. Continue

The Point of Maximum Danger
By Mike Whitney

Real organic personal income is nearly $500 billion lower now than it was at the peak 16 months ago and this has never occurred before coming out of any technical recession. Continue

In Case You Missed It
"Imperialism the Highest Stage of Capitalism"

By V. I. Lenin

The epoch of imperialism opens when the expansion of colonialism has covered the globe and no new colonies can be acquired by the great powers except by taking them from each other, and the concentration of capital has grown to a point where finance capital becomes dominant over industrial capital. Lenin enumerated the following five features characteristic of the epoch of imperialism: Continue

Couple Commits Suicide Over Debt

By 39 Online

Foreclosure and Unemployment Blamed for Spike in Suicides. Continue

What Caused The Disaster
Deepwater Horizon's Blowout:

Must Watch Video:

Scott Pelley speaks to one of the survivors of the deadly Deepwater Horizon oil rig blast who was in a position to know what caused the disaster. Continue

Texas Schools Board Rewrites US History with Lessons Promoting God and Guns

By Chris McGreal, Houston

US Christian conservatives drop references to slave trade and sideline Thomas Jefferson who backed church-state separation. Continue

Love or Fear?
What Do You Choose?


I choose Love. Continue

26 killed in attack on Somali parliament: Islamist insurgent group al-Shabaab, which is battling to topple the weak Western-backed government, shelled parliament as lawmakers met for the first time this year.
5 Americans among 18 killed in Afghan suicide blast : Iincluding five US soldiers and 12 local civilians in one of the deadliest strikes on Kabul in more than a year.
Karzai says West starts to get Taliban peace push: Afghan President Hamid Karzai said on Tuesday the West was starting to realize the war in Afghanistan cannot be won militarily and that the peace process must involve reaching out to the Taliban.
Pakistan: 28 militants, soldier killed in Orakzai: Twenty-eight more militants were killed and 17 others sustained injuries in fresh clashes with security forces in Orakzai Agency on Monday, official and tribal sources said.
14 killed in Pakistan blast: At least 14 people, including a senior police officer and three children, were killed Tuesday when a remote-controlled bomb blew up a police vehicle in northwest Pakistan, police said.
Three Taliban commanders killed in Pakistan: Pakistani troops on Tuesday killed three Taliban commanders in the country's northwest even as authorities warned wanted rebels in the restive Swat district to surrender by May 20.
Pakistani news presenter accused of link to Taliban hostage's murder: Leaked audio tape purportedly reveals phone conversation between Hamid Mir and a Taliban spokesman about hostage.
Fake tape saga an attempt to malign, keep Pakistani media silent: Hamid Mir: Some elements in the present government have been hatching conspiracies to malign, silence and blackmail the Pakistani media and on the top of the list in that connection is to mount maximum pressure on the Jang group of newspapers and Geo television.
Times Square Bomber Popped a Bubble: Not surprisingly, since we are conducting a virtual war inside their country, 64 percent of Pakistanis view the United States as an enemy.
At Least 38 People Killed as Thailand Rejects Protesters' Offer of Talks: The Thai government today turned down an offer from the Red Shirt protesters to try to negotiate an end to the violence that has turned parts of Bangkok into a bloodbath, insisting the demonstrators must first leave their barricaded area.
Baghdad 'to erect 15ft city walls' : The governor of the Iraqi capital has propose the 70 mile long wall after a spate of suicide bombings, meaning every person and vehicle entering Baghdad will have to go through one of eight city gates.
Iran faces fresh sanctions as Russia and China support UN resolution: A new set of United Nations sanctions are almost certain to be imposed on Iran next month, after Russia and China today agreed to support punitive action against Tehran's military and financial institutions, according to a security council source.
US, China, Russia agree Iran sanctions draft resolution: Clinton: In a surprise announcement before the Senate Foreign Relations committee, Clinton said the draft resolution would be circulated later Tuesday to the 15-member UN Security Council, which includes Brazil and Turkey.
In case you missed it: US plays down chances of atomic deal with Iran: Gates told reporters in Ankara, where he met Turkish leaders. "If they are prepared to take up the original proposal of the P-5 plus one of delivering 1,200 kilograms of their low enriched uranium, all at once to an agreed party, I think there would be a response to that.
Chavez praises Iran nuclear declaration: The Venezuelan President Hugo Chavez says trilateral nuclear meeting between Iran, Brazil and Turkey was a big blow to imperialism and hegemony.
'Iran entitled to nuclear program' : Brazilian President Luis Inacio Lula da Silva met with Iranian leaders on Sunday, and called the relationship between the two countries “strategic.”
UK: MP attacks Brazilian president: “You new companero send rockets and bombs to terrorist Jew-killers in Hezbollah. He swaggers around the world threatening every democracy with the wrath of his hate of freedom.”
Israel to Europe: Stop your citizens from sailing to Gaza with aid: Israel warned a number of European states that it would not permit leftist-organizations planning to sail to the Gaza Strip with international aid to complete their mission.
Banned by Israel, Chomsky gives W.Bank lecture by video: Renowned Jewish-American scholar and activist Noam Chomsky, who was barred from the West Bank by Israel earlier this week, on Tuesday delivered a lecture to Palestinian students by video link from Jordan.
Elvis Costello cancels Israel concerts: "There are occasions when merely having your name added to a concert schedule may be interpreted as a political act that resonates more than anything that might be sung and it may be assumed that one has no mind for the suffering of the innocent".
Bombshell: Former New Republic Editor, Peter Beinart, on the Collapse of the "Pro-Israel" Establishment: Peter Beinart, former editor of Marty Peretz' New Republic has written a groundbreaking piece in the New York Review Of Books about the end of the "pro-Israel" lobby's hold on American Jews.
South Korea says torpedo 'likely' to have sunk naval ship: South Korean investigators have found "decisive evidence" that a North Korean torpedo sank one of its naval ships, a Seoul news agency claimed today, citing an unnamed senior military official.
Newly released FBI files discuss Walter Cronkite aiding Vietnam antiwar protestors: Legendary CBS News anchor Walter Cronkite allegedly collaborated with anti-Vietnam War activists in the 1960s, going so far as to offer advice on how to raise the public profile of protests and even pledging CBS News resources to help pull off events, according to FBI documents obtained by Yahoo! News
Files reveal Britain's secret biological weapons trials in second world war: British scientists experimented with ways of spreading foot-and-mouth disease, and lethal infections such as dysentery, cholera and typhoid in secret biological warfare trials during the second world war.
Stranger than fiction: Vatican to claim bishops are not 'employees': The Vatican will today make its most detailed defence yet against claims that it is liable for US bishops who allowed priests to molest children, saying bishops are not its employees and that a document from 1962 did not require them to keep quiet.
Atty: Video shows police fired into Detroit home: Fieger said the video shows an officer lobbing the grenade and then shooting into the home from the porch. "There is no question about what happened because it's in the videotape," Fieger said. "It's not an accident. It's not a mistake. There was no altercation."
As oil spill approaches, dead animals wash up in Mississippi: On Saturday the sea turtles started washing up on shore. On Sunday, the turtles were joined by dead catfish, horseshoe crabs, and birds -- a duck, a pelican and a seagull.
Banks dump Greek debt on the ECB as eurozone flashes credit warnings: Foreign holders of Greek and Portuguese debt have seized on emergency intervention by the European Central Bank to exit their positions, leaving eurozone taxpayers exposed to the credit risk.
Stranger than fiction? `There's No Money Left,' U.K. Minister Learns From Predecessor: Arriving for work at the U.K. Treasury last week, the incoming chief secretary, David Laws, found a note from his predecessor, Liam Byrne, offering advice on the job.
Spanish debt auction comes close to failure: Spain came close to its first debt auction failure on Tuesday, highlighting the funding problems for weaker eurozone economies.
How bankers brought Ireland to its knees: Once noted mainly for the export of people, ­Ireland became one of Europe’s wealthiest countries, overtaking its former colonial master. It used EU regional aid to modernise, above all in education and infrastructure, and then it put in place low-tax, business-friendly policies that became a magnet for investors.
Chinese electronics tycoon becomes country's richest prisoner: Huang Guangyu, who dropped out of school and made fortune from electronics, jailed for 14 years for manipulating markets
Conspiracy of Banks Rigging States Came With Crash : A telephone call between a financial adviser in Beverly Hills and a trader in New York was all it took to fleece taxpayers on a water-and-sewer financing deal in West Virginia. The secret conversation was part of a conspiracy stretching across the U.S. by Wall Street banks in the $2.8 trillion municipal bond market.
How Investors Made Millions from People Facing Eviction: A six-year conspiracy by veteran real estate investors to rig bids and stifle competition at tax sale auctions made two chief organizers at least $10 million, largely from fees homeowners paid to keep from losing their properties, according to federal prosecutors.
More homeowners choose to default on loans: The report found that the incidence of strategic default is higher among those with higher credit scores and larger loan balances.

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