Sunday 5 September 2010

News For September 05, 2010

Nuclear Hypocrisy
UN Atomic Agency Curtails Probe of Israel’s Nuclear Capability

By Jonathan Tirone

Countries including Canada, the U.K. and U.S. opposed the probe, saying that the inquiry risked turning the IAEA into a political battleground, according to the documents. Others, including China, Saudi Arabia, South Africa and Turkey, supported the investigation. Continue

Israeli Settlement Construction Booms Despite Ban

By Juliane von Mittelstaedt in Jerusalem

In the Jewish "settlements" in the West Bank, construction is proceeding at full speed. A legal ban is being ignored and the government is looking away. The thousands of new homes could hinder reconciliation. Continue

$12.8 Trillion :
The True Cost Of The Bank Bailout

By KPBS

We all know about TARP, the Troubled Asset Relief Program, which spent $700 billion in taxpayers’ money to bail out banks after the financial crisis. - But it turns out that that $700 billion is just a small part of a much larger pool of money that has gone into propping up our nation’s financial system. Continue

The Real Economy is Jobs and Paychecks

By Robert Reich

Many big American companies have been showing profits because they're doing ever more business in China while cutting payrolls at home. American consumers aren't buying much of anything because they've lost their jobs or are worried about losing them, and are still trying to get out from under a huge debt load (the latest figures show more consumer debt delinquent now than last year and a surge in personal bankruptcies). Continue

Richest Lawmakers Grew Wealthier as Economy Faltered

By Rachel Rose Hartman

The rest of the country is still struggling with high unemployment amid a sluggish-at-best economic recovery -- but the wealthiest members of Congress are in high cotton. Indeed, the top 50 wealthiest lawmakers saw their combined net worths increase last year. Continue

Wage Slaves
Drowning in Debt: US Students Helpless to Pay Off Education

By Russia Today

A ticking time bomb of American debt. Over $830 billion are owed by college students in the US with $3 thousand more added on every second. The most traditional financial baggage for Americans was credit card debt. For the first time, debt belonging to college students has over taken that number one spot. Continue

Our Long National Nightmare Isn't Over, It's Just Beginning

By David Michael Green

I'm an American.  I live in a country - nay, an empire! - that insists on destroying itself.  I'm part of the generation of decline.  My people are the fools who perfected the fine art of committing suicide by stupidity.  Continue

UN: 40 killed in Sudan clashes: More than 40 killed in Darfur region by violence blamed on rebel groups and government-backed militia at refugee camps.
23 Militants Killed in NATO, Afghan Forces Operations: At least 23 Taliban militants were killed and 5 others were arrested in NATO and Afghan forces operations in Kunar province on Saturday night, said officials
NATO reports 3 occupation force soldiers killed in Afghanistan: NATO on Sunday announced the death of three foreign soldiers, one of them American, in Afghanistan’s insurgent heartland as the Taliban was blamed for attacks that wounded civilians across the country.
Karzai sets up ‘peace council’ for talks with Taliban: Negotiations with high-ranking members of the Taliban-led insurgency are seen as critical to any hopes of ending the nine-year-long rebellion. London welcomed the announcement, but foreign diplomats have privately warned meaningful talks could be years away.
MPs to vote on strategy for Afghan withdrawal: The British Defence Secretary, Liam Fox, will this week face calls to set out a detailed timetable for the withdrawal of British troops from Afghanistan in the first major House of Commons vote since the war began almost nine years ago
Afghan Officials Seek to Shore Up Bank: In a bid to fend off the threat of a nationwide financial crisis, the Afghan government scrambled to come up with the funds to bail out Afghanistan’s largest bank on Saturday after lines of frantic depositors mobbed the bank for a third day.
Fourteen militants killed in central Kurram Agency: A vehicle carrying eight militants was destroyed as an improvised explosive device went off in the central Kurram area, according to sources. Meanwhile, heavy artillery firing by security forces left six militants dead and 10 injured in the Chinark area.
US attack kills 8 alledged militants in Pakistan: Officials: An earlier strike yesterday killed six militants when it hit a compound on the outskirts of Miranshah
'Millions' without aid in Pakistan: A month into the disaster, new areas are flooded and food fails to reach an estimated three million people
Death toll of Baghdad attack reaches 18 -- police: Casualty toll of the bombing attack that targeted a defense ministry building in Baghdad earlier today reached 18 deaths and 36 wounded, police said.
US 'likely' to keep troops in Iraq after 2011: The United States likely will need to keep thousands of troops in Iraq beyond 2011 to keep a lid on sectarian tensions and to bolster Baghdad's fledgling military, experts and former officers say.
The true cost of the Iraq war: $3 trillion and beyond: This price tag dwarfed previous estimates, including the Bush administration's 2003 projections of a $50 billion to $60 billion war.
Nine people killed in south Yemen violence: Four policemen, two militants killed as fighting between security forces, separatists intensify in Habilayn.
3 Killed As Bomber Attacks Dagestan Army Base: Suicide car bomber kills three soldiers and wounds 32 others in the Russian republic of Dagestan.
Israeli attack kills 2 in Gaza: Two Palestinians have been killed in Israeli air raids in the Gaza Strip, medics and security sources say. Another person has been critically injured.
Lieberman: This generation will not see Middle East peace: "However, there is no reason to be worried," Lieberman added. "I repeat: Abu Mazen will not fight us... The only practical solution is a long term interim agreement, on which we can debate. Our proposal is: No to unilateral concessions, no to continuing the settlement freeze."
Demonizing Iran: Report: Iran pays $1,000 for each U.S. soldier killed by the Taliban: Iran is paying Taliban fighters $1,000 for each U.S. soldier they kill in Afghanistan, according to a report in a British newspaper.
Iran is being sanctioned for crimes it didn't commit, official says: Iranian Foreign Ministry spokesman says UN-led sanctions and resolutions targeting the country's nuclear program are 'illegal, illogical and unfair in principle.'
Fidel Castro warns of 'nuclear war': Former Cuban leader says US pressure over Iran's nuclear programme will lead to war, in first public speech since 2006.
Coming to a town near you!: German held by U.S. troops planned Europe attacks: report: A German Islamist held by U.S. troops in Afghanistan and interrogated since July has revealed details of planned attacks on targets in Germany and Europe, a news weekly reported Saturday.
Deaths in Mozambique food price riots: Ten people left dead following three days of clashes between police and demonstrators over high food prices.
Guatemala landslides bury hundreds: Video report: After dozens were killed on Saturday, a fresh landslide overnight may have buried hundreds trying to rescue survivors.
Doctors take battle for inquest into Dr Kelly's death to the High Court: Six reputed doctors are due to go to the High Court next week as they battle to force an inquest into the death of Dr David Kelly. The group is arguing that there is insufficient medical evidence to prove the Government weapons inspector committed suicide.
Tony Blair pelted with eggs and shoes as anti-war protester attempts citizen's arrest : Shoes and eggs were pelted at Tony Blair in Dublin today as he attended his first public signing of his controversial memoir.
CIA money behind Wi-Fi Positioning System (WPS): Just imagine… as you approach the restaurant, a menu pops up on your screen, the phone makes suggestions and helps you super-size your order, before you even set foot in the restaurant!
30 False Fronts Won Contracts for Blackwater: Blackwater Worldwide created a web of more than 30 shell companies or subsidiaries in part to obtain millions of dollars in American government contracts after the security company came under intense criticism for reckless conduct in Iraq, according to Congressional investigators and former Blackwater officials.
Rahm Emanuel's 'F--k The UAW': White House Pushes Back On Account In Rattner Book, UAW Prez Responds
More than 400 US Banks Will Fail: Roubini: More than half of the 800-plus US banks on the "critical list" are likely to go bust, according to renowned economist Nouriel Roubini of Roubini Global Economics.
Sellers Cut Prices on 50% of Homes: Seven cities saw price reductions on more than half of their inventory, with Jacksonville, Phoenix and Minneapolis on top with 55 percent, 54.4 percent and 52.4 percent, respectively.
More window dressing? Government to Deploy Broader Mortgage Aid: The Obama administration on Tuesday will launch its most ambitious effort at reducing mortgage balances for homeowners who owe more than their homes are worth.
Summer jobs hit all-time low for youths: Only 47.6% of people ages 16 to 24 had jobs in August, the lowest level since the government began keeping track in 1948, the Labor Department said Friday. By comparison, 62.8% of that age group was employed in August 2000.
Survey of employed finds 25 percent lost a job during recession: Just over a quarter of the nation's 139 million currently employed workers endured a bout of unemployment during the Great Recession, according to results of a Pew Research Center survey released Thursday. And they tend to be less satisfied in their current jobs than are other workers.
Stranger than fiction: Evict the dead?: Cemetery In Foreclosure

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