Thursday, 27 May 2010

News For May 27, 2010

US Demands Crackdown on Pakistan Taliban Within Weeks


The US has put Pakistan "on a clock" to launch a new intelligence and counter-terrorist offensive against the group, which the White House says was behind the Times Square bomb attempt, according to the official. Continue

The American Century Is So Over

By Dilip Hiro

Obama’s propensity to retreat at the first sign of resistance shows that he lacks both guts and the strong convictions that are essential elements distinguishing statesmen from politicians. Continue

NYT's Friedman Rejects Iran Nuke Deal

By Robert Parry

In his new belligerent column on Iran, Friedman makes clear that he isn’t really interested in nuclear safeguards; instead, he wants the United States to do whatever it can to help Iran’s internal opposition overthrow President Mahmoud Ahmadinejad and Iran’s Islamic-directed government.

The Arms Circus
Israel Keeping The World In Turmoil

By Gordon Duff

Israel has made a laughing stock of America, robbing America blind while living off our welfare.  Israel is the consummate “welfare Cadillac state.” Continue

Humanitarian Flotilla Vs Israel's Evil Navy

By Gilad Atzmon

By stopping the flotilla Israel attempts to maintain its regional  status as an omnipotent super power that controls the land, the air and the sea.  On the other hand, the Jewish state pathetically also  wants to evoke sympathy for being  ‘sensitive’ to humanitarian issues  and the Palestinian plight. Continue

Forget Dialogue

By Mary Rizzo

Abandoning the failed “peace movement” after recognition of it as a Zionist instrument of domination frees our energies. Or at least it did until we got sucked into the “dialogue movement”. Continue

Neocon Vampires Sink Their Fangs Into the Tea Parties

By Ira Chernus

“This is the playbook for the resurgence of the conservative movement,” says none other than Dick Cheney, on thebook jacket. It’s “a must-read for conservatives who want our movement to dominate,” exclaims a blurb from Karl Rove. Continue

Credit Storm in Europe; Politics on Capital Hill  
By Mike Whitney

Wall Street has won this round. The window for real reform has closed, and now it's "business as usual" until the next catastrophe. Continue

The Cult of Subprime Central Bankers

By Dean Baker

People don't need economists to tell them that times are bad. However, what the public may not recognize is that the same people who caused this disaster are still calling the shots. Continue

Cooking The Books?
Banks Trim Debt, Obscuring Risks

The practice, known as end-of-quarter "window dressing" on Wall Street, suggests that the banks are carrying more risk most of the time than their investors or customers can easily see. Continue

Deepwater Horizon: This Is What the End of the Oil Age Looks Like

By Richard Heinberg

The cheap, easy petroleum is gone; from now on, we will pay steadily more and more for what we put in our gas tanks—more not just in dollars, but in lives and health, in a failed foreign policy that spawns foreign wars and military occupations. Continue

Taleban kill tribal elder, wife and son in Pakistan: Taleban armed with rockets and grenades stormed the home of a pro-government Pakistani tribal elder on Thursday, killing him, his wife and son before blowing up the house, officials said.
Three killed, three wounded in an attack on Pakistani police: A policeman and two assailants were killed on Thursday and three were wounded in an attack on police mobile van in a northern Pakistani remote district, said police.
Nato soldier killed in southern Afghanistan: A bomb favoured by the Taliban has killed a foreign soldier in southern Afghanistan, Nato said Thursday, bringing the number of international troops killed in the country this year to 219, reports AFP.
Pakistani Taliban Leader Killed in Afghan Clash : A top leader of Pakistan's Taliban has been killed in a clash with Afghan forces near the border, a top Afghan police officer said
Senate rejects exit timetable for Afghanistan: The Senate rejected a proposal on Thursday to require President Barack Obama to submit a timetable for pulling U.S. forces out of Afghanistan, despite unease among some members of his own party over the nine-year-old war.
Turkish soldier killed by rebels: Turkish soldiers clashed with Kurdish rebels in southeast Turkey near the border with Iraq overnight in fighting which left one soldier dead and three wounded, military sources said today.
Report: 19 "Kurd rebels" killed in attack last week: A Turkish airstrike on Kurdish rebels hideouts in northern Iraq last week killed 19 Kurdish guerrillas and left several others wounded, the state-run Anatolia news agency reported.
Iraq vote results face another possible delay:" Iraq's Supreme Court asked election officials on Thursday to clear up legal issues surrounding an appeal against a candidate, a move that could further delay the certification of March 7 election results.
Fact or fiction? Secret Saudi Document Shows Kingdom Linked with Al-Qaeda Terror: The Buratha news service published what it said it is a secret document disclosing how much money the Saudi kingdom has transferred to Al-Qaeda in Iraq. The kingdom reportedly sends explosives and weapons to terrorist groups in Iraq.
Turkey blames US in Iran row, urges support for swap deal: Turkey insisted Thursday that rejecting a nuclear swap deal with Iran would be “unreasonable” and said that a US push for fresh sanctions on Tehran was creating an “absurd situation.”
Russia vows support for Iran fuel swap: "If it (Iran) strictly abides by them, Russia will actively support the scheme proposed by Brazil and Turkey," AFP quoted Russian Foreign Minister Sergei Lavrov as saying on Thursday
Iran and Russia clash in worst row for years: In unusually strong criticism of Russia, President Mahmoud Ahmadinejad admonished the Kremlin for bowing to what he said was U.S. pressure to agree sanctions and bluntly warned President Dmitry Medvedev to be more cautious.
Iran Navy detects US nuke sub in PG: Iranian naval forces have detected a US nuclear submarine in the Persian Gulf waters, amid growing concerns over the safety of one of the most important energy routes in the world.
Israeli war game rehearses 'Iran attack': Israel has joined forces with Greece to conduct an aerial maneuver to practice long-range missions and mid-air fueling, a report says.
Amnesty: U.S., Europe shielding Israel over Gaza war crimes: In its annual report, the rights group accuses Israel of continually violating human rights in Gaza with its ongoing economic siege.
Britain vows to change policy allowing U.K. to arrest Israeli politicians: British Foreign Secretary William Hague says it is unacceptable for Israeli politicians to feel like they can't visit for fear of being arrested.
Obama extends fence-mending invitation to Netanyahu: The President's chief of staff Rahm Emanuel delivered the invitation in person to Benjamin Netanyahu in Jerusalem yesterday, while on a family visit.
Gideon Levy: If Israel is democratic, why not elect an Arab PM?: The thought that an Arab citizen could ever lead the state is far beyond the boundaries of any public discourse in Israel.
Bashir begins new Sudan term: Al-Bashir, the world's only sitting head of state wanted for war crimes by the International Criminal Court (ICC), was inaugurated on Thursday in a ceremony attended mostly by African leaders.
Amnesty report slams global abuses: China, Russia and US among states criticised for human rights record in annual report.
Terror Attacks Against U.S. At All-Time High: The pace and number of attempted terror attacks against the U.S. over the past nine months has surpassed the number of attempts during any previous one-year period, according to an internal Department of Homeland Security report issued on Friday, May 21.
Apple 'world's biggest tech firm': Apple Inc has become the world's biggest technology company by market value, overtaking rival Microsoft Corp on the back of the successes of the iPhone and Macbook laptops.
Concern over human cost overshadows iPad launch: The American electronics giant Apple was investigating damaging allegations last night that Chinese workers making its new iPad device were subjected to such "inhumane" treatment that some of them took their own lives by jumping off factory roofs.
New, giant sea oil plume seen in Gulf: Marine scientists have discovered a massive new plume of what they believe to be oil deep beneath the Gulf of Mexico, stretching 22 miles from the leaking wellhead northeast toward Mobile Bay, Alabama.
Matt Simmons: "Theres another leak, much bigger, 5 to 6 miles away: Video
Spain approves austerity measures: Spain's parliament has approved an $18bn austerity package by just one vote, narrowly avoiding what could have been an embarrassing defeat for the government.
French protest retirement age plan: French labour unions have staged a day of strikes and street rallies to protest against plans by Nicolas Sarkozy, the president, to raise the retirement age beyond 60 years.
Dubai unit seeks debt push-back": Dubai International Capital (DIC), an investment company owned by the ruler of Dubai, has requested a three month delay on repayment of part of its reported $2.6bn debt.
US money supply plunges at 1930s pace as Obama eyes fresh stimulus: The M3 money supply in the United States is contracting at an accelerating rate that now matches the average decline seen from 1929 to 1933, despite near zero interest rates and the biggest fiscal blitz in history.
Both parties packing pork into war-funding bill: The bill has grown into a nearly $200 billion grab bag of unfinished business that includes $1 billion for summer-jobs programs, $1.5 billion in aid to farmers who had crops damaged and $4.6 billion to settle two long-running lawsuits against the government, one by black farmers claiming discrimination and one by American Indians over the government's management of their land.
The War is Making You Poor: Next year's budget allocates $159,000,000,000 to "contingency operations," to perpetuate the occupations of Afghanistan and Iraq. That’s enough money to eliminate federal income taxes for the first $35,000 of every American's income each year, and beyond that, leave over $15 billion that would cut the deficit.
Cooking the books? Banks Trim Debt, Obscuring Risks: The practice, known as end-of-quarter "window dressing" on Wall Street, suggests that the banks are carrying more risk most of the time than their investors or customers can easily see. This activity has accelerated since 2008, when the financial crisis brought actions like these under greater scrutiny, according to the analysis

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