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Dec 18 08:26

Goldman Sachs cuts taxes to one percent by moving profits offshore

Bank takes $10 billion bailout, then cuts tax rate 33 percent
Say you got a ten billion dollar loan to shore up your finances, and you paid your employees $10.9 billion, and you raked in $2.3 billion for the year.

What would you say you owed in taxes? One percent?

That's what you'd pay if you were Goldman Sachs, Inc. The high-flying brokerage -- and former home of Bush Treasury Secretary Henry Paulson -- has announced it's paying just $14 million in taxes this year.

Last year, their tax bill was $6 billion, or 34.1 percent. That represents a year-over-year drop of 33.1 percent.

Dec 18 08:21

Court sides with ACLU, strikes down Patriot Act gag provision

A federal appeals court ruling late Monday is the cause célèbre of the American Civil Liberties Union, as another provision of the Bush administration's Patriot Act falls to the judicial system.

Until the ruling, recipients of so-called "national security letters" were legally forbidden from speaking out. The letters, usually a demand for documents, or a notice that private records had been searched by government authorities, were criticized as a cover-all for FBI abuses.

Dec 18 08:15

"The market has failed, and officialdom is perpetuating that failure."

Ever since the two Bear Stearns hedge funds defaulted 17 months ago triggering a global financial crisis, the Federal Reserve has been busy putting out one fire after another. Fed chief Ben Bernanke has slashed interest rates to .25 percent, handed out billions in emergency funding to teetering insurance companies and mortgage lenders, and provided $8.3 trillion in loan guarantees to keep the financial system from collapsing.

Dec 18 07:15

London Banker: "The market has failed, and officialdom is perpetuating that failure."

Ever since the two Bear Stearns hedge funds defaulted 17 months ago triggering a global financial crisis, the Federal Reserve has been busy putting out one fire after another. Fed chief Ben Bernanke has slashed interest rates to .25 percent, handed out billions in emergency funding to teetering insurance companies and mortgage lenders, and provided $8.3 trillion in loan guarantees to keep the financial system from collapsing.

Dec 18 04:34

Dollar's Slump Erases Months Of Solid Gains

The dollar yesterday staged one of its biggest one-day drops against the euro and fell to a 13-year low against the Japanese yen as near-zero interest rates and the Federal Reserve's plan to print vast sums of cash dilute the value of the greenback.

Dec 18 03:55

Report: Blackwater may be dropped in Iraq

State Dept. panel to issue report on contract to protect diplomats

The Associated Press. updated 1:56 p.m. PT, Wed., Dec. 17, 2008

WASHINGTON - An internal State Department report says Blackwater Worldwide may lose its license to work in Iraq and recommends that the agency prepare alternative means to protect its diplomats there.

Dec 17 23:02

US $$ for GM's 8th China Plant?

GM Opens Eighth China Plant, Won't Add Further Capacity Soon
By Tian Ying

"Dec. 17 (Bloomberg) -- General Motors Corp. opened its eighth vehicle plant in China and said it had no plans for adding further capacity amid slowing demand in Asia's biggest auto market.

This ``has been a big year in terms of expansion'' and it ``probably will keep us occupied for the foreseeable future,'' Kevin Wale, GM China's president, said by phone today. He spoke from the northeastern city of Shenyang after the opening of the carmaker's new 2.67 billion yuan ($390 million) plant."

Dec 17 22:55

GM's new China plant

GM, SAIC open new car plant in China despite "tough times"
2008-12-18 00:53:49

SHENYANG, Dec. 17 (Xinhua) -- General Motors and its China partner Shanghai Automative Industry Corporation (SAIC) launched a car plant on Wednesday in northeast China, making it one of the three production bases of Chevrolet Cruze cars in the world.

Dec 17 22:40

US military troops for inauguration

Latest Update: Wednesday17/12/2008December, 2008

US military mobilises troops for inauguration

WASHINGTON: The US military plans to mobilise thousands of troops to protect Washington against potential terrorist attack during the inauguration of president-elect Barack Obama, a senior US military commander said yesterday.
They will fly combat air patrols and man air defences, organise large scale medical support, and help local law enforcement provide security in the capital, said General Gene Renuart, head of the US Northern Command.

Dec 17 22:36

US Commandos to attack in Somali

From The Times
December 18, 2008
American commandos get UN go-ahead to hunt down Somali pirates
Michael Evans, Defence Editor

Pirates operating from safe havens along the Somali coast could become the target of hot-pursuit missions by American commandos for the first time, after approval was given by the United Nations Security Council to launch land and air attacks on pirate bases.

Dec 17 22:33

J.Jackson Jr., corruption informant for years

Jackson Jr.'s Revelation Renews Scrutiny Over Blagojevich Probe
Rep. Jesse Jackson Jr.'s revelation that he has been an informant for U.S. Attorney Patrick Fitzgerald has raised questions about a possible overreach by federal prosecutors.

FOXNews.com
Wednesday, December 17, 2008

"Illinois Rep. Jesse Jackson Jr.'s revelation that he has been an informant for U.S. Attorney Patrick Fitzgerald has thrust the famed federal prosecutor back into the spotlight amid questions about whether he crossed the line in his pursuit of Gov. Rod Blagojevich."

Dec 17 22:17

Google AdWords Isn’t Perfect! Serves Up Phishing Sites & Malware

News flash folks, Google AdWords is not perfect and can be exploited. There are times when people can go into the AdWords system and trick Google into serving up ads for phishing sites and malware downloads. Yes, this happens and happens often enough.

Dec 17 22:17

Google AdWords Isn’t Perfect! Serves Up Phishing Sites & Malware

News flash folks, Google AdWords is not perfect and can be exploited. There are times when people can go into the AdWords system and trick Google into serving up ads for phishing sites and malware downloads. Yes, this happens and happens often enough.

Dec 17 21:06

Hackers Sell Facebook Profiles For 89p

With Christmas season at its peak, hackers are stealing details of Facebook profiles and selling them to cybercriminal gangs for just 89p each, according to a new research study.

These gangs would use these crucial details to launch “spam” messages to the computer users, urging them to visit counterfeit video or image links.

These malicious links, when clicked, infect users’ computers with malware and spyware viruses that can track keystrokes entered, along with other significant information, such as usernames and passwords of online bank accounts.

Dec 17 21:04

Breaking news! The Fed goes retail and wants to finance you!

The Federal Reserve, presumably not happy that banks are refusing to go ahead with the Fed's plan to massively increase the money supply is going to start lending directly to you, the consumer and avoid those evil non-lending banks entirely.

Dec 17 20:43

Microsoft issues emergency IE patch as attacks escalate

Microsoft has issued a rare emergency update for its Internet Explorer browser as miscreants stepped up attacks targeting a vulnerability on hundreds of thousands of webpages.

In many cases, the websites distributing the toxic payload are legitimate destinations that have been commandeered, allowing an attacker to snare victims as they surf to online banks, forums, and other trusted sites. There are at least six distinct versions of attack code circulating in the wild, according to researchers at iDefense, a security lab owned by VeriSign.

Dec 17 20:43

Microsoft issues emergency IE patch as attacks escalate

Microsoft has issued a rare emergency update for its Internet Explorer browser as miscreants stepped up attacks targeting a vulnerability on hundreds of thousands of webpages.

In many cases, the websites distributing the toxic payload are legitimate destinations that have been commandeered, allowing an attacker to snare victims as they surf to online banks, forums, and other trusted sites. There are at least six distinct versions of attack code circulating in the wild, according to researchers at iDefense, a security lab owned by VeriSign.

Dec 17 19:31

Aretha Franklin to sing at inauguration

ASSOCIATED PRESS • December 17, 2008

WASHINGTON — Aretha Franklin will sing, Pastor Rick Warren will pray and Yo-Yo Ma will play the cello during President-elect Barack Obama’s Inauguration.

--------

R-E-S-P-E-C-T?

Dec 17 16:04

Shoe-thrower faces up to 7yrs

The Iraqi journalist who became a star in the Arab world when he hurled his shoes at visiting US President George W Bush and called him a dog, appeared before a judge on Wednesday, his brother said.

Durgham al-Zaidi said he and another brother were told by the investigating judge that 29-year-old Muntazar al-Zaidi "had cooperated well," but gave no details.

Under Iraqi law, Zaidi faces up to seven years in jail for "offending the head of a foreign state".

Dec 17 16:03

Monkeys turn on their trainer and beat him senseless with his own stick [pic]

"Who need shoes when you've got a stick?!"

Dec 17 14:24

The Heaviest Element Known to Science

awrence Livermore Laboratories has discovered the heaviest element yet known to science.

The new element, Governmentium (Gv), has one neutron, 25 assistant neutrons, 88 deputy neutrons, and 198 assistant deputy neutrons, giving it an atomic mass of 312.

These 312 particles are held together by forces called morons, which are surrounded by vast quantities of lepton-like particles called peons.z

Dec 17 09:55

China; Review the old and deducing the new makes a teacher

The remedies proposed by Governments the world over are not working as every real economic indicator confirms. The eternal corrupting influence of Money on Government policies and planning have all but guaranteed that whatever methods are employed to redeem the economy from the whale’s mouth, they will be like drops of rain meeting a river. The one overwhelming factor that does not seem to be factored in to the equation is that to get oneself out of a financial mess one needs financial resources. Not the borrowed kind but the saved kind. This is where China holds an Ace.

Dec 17 07:15

Are You Ready To Face the Facts About Israel?

Sixty years of efforts by good and humane people to hold Israel accountable have so far failed, but they are more important today than ever before. Israel has its captive American nation on the verge of attacking Iran, the consequences of which could be catastrophic for all concerned. The alleged purpose of the attack is to eliminate nonexistent Iranian nuclear weapons. The real reason is to eliminate all support for Hamas and Hezbollah so that Israel can seize the entire West Bank and southern Lebanon.

Dec 17 05:49

The United States: A Country Without Mercy

The Christmas season is a time to remember the unfortunate, among whom are those who have been wrongly convicted.

In the United States, the country with the largest prison population in the world, the number of wrongly convicted is very large. Hardly any felony charges are resolved with trials. The vast majority of defendants, both innocent and guilty, are coerced into plea bargains. Not only are the innocent framed, but the guilty as well. It is quicker and less expensive to frame the guilty than to convict them on the evidence.

Dec 16 22:37

Madoff Investors May Be Protected By Government

Judge Says Those Duped Need Aid Under The Securites Investor Protection Act

Dec 16 20:29

The CEO's Guide To Begging In Washington

It's time to convince them that you, who helped drive the company into the ground, are the only person who can bring it back.

Show them that despite having been CEO for years of a company committing suicide by lack of innovation, you are the ultimate agent of change.

Dec 16 17:11

"We?" Prosecute how? With what power?

It’s not about them…it’s about us
Why We Must Prosecute Bush And His Administration For War Crimes
By Mike Ferner

December 16, 2008 "Information Clearinghouse"--- - During the rush to get the Nuremberg Tribunals underway, the Soviet delegation wanted the tribunal’s historic decisions to have legitimacy only for the Nazis. U.S. Supreme Court Justice, Robert Jackson, serving as the chief prosecutor for the Allies, strong-armed the Soviets until the very beginning of the tribunal before changing their mind.

Dec 16 16:42

Staged shoe-throwing expected, allowed

Where Was Secret Service During Bush Shoe Attack?
By Tommy Christopher
Dec 15th 2008 8:06PM

Filed Under:ePresident Bush, Republicans

Am I the only one who's wondering this? These guys are supposed to be ready to take a bullet for the President. Not one of them could catch up to a shoe? Or a second shoe? Where was the dramatic, slo-mo shot of someone diving in front of Bush to take the footgear that was meant for the President? How was this guy allowed to throw that 2nd shoe?

Dec 16 15:38

VIEWPOINT: Israel's merry band of Klansmen, the extreme right

The extreme right's instigator-in-chief, Itamar Ben-Gvir, told Haaretz this week that the decision to cancel a march planned to take place in Umm al-Fahm, Israel's second largest Arab city, was a violation of freedom of speech.

Marches of this sort are incendiary and pointless, but the worst of all, and the ones that most resemble the attempted Umm al-Fahm march, are the repeated attempts by the KKK to march through Skokie, Illinois, a suburb of Illinois that not coincidentally houses a sizable community of Holocaust survivors.

Dec 16 15:26

Shoe-thrower expected to appear before Iraqi judge

The Iraqi journalist who hurled his shoes at President George W. Bush was expected to appear before a judge Wednesday in a first step of a complex legal process that could end in a criminal trial, a government official and the reporter's brother said.

*** Throw shoes at a terrorist leader and get charged by a terrorist-owned court system ***

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