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Member Submitted News

Dec 11 07:54

JuD chief Saeed says willing to face charges of terrorism

"If there is any evidence against Jamaat-ud-Dawa with India or America, it can be presented in any court. We are ready to defend ourselves in court," Saeed told a news conference in Lahore.

Dec 11 07:52

The Economic Policies of Failure

In a sense, Clinton laid the framework for this crisis. First off, Clinton and Robert Rubin rewrote the rules governing the Community Reinvestment Act. In doing so, they applied all sorts of political pressure on institutions to lend to people who weren't credit worthy. Again, this is the Liberal economic way. It's the something for nothing scam and it doesn't work.

Dec 11 07:48

Time to redefine the Economic Paradigm

Lack of regulation and the quest for short term profit at the expense of long term sustainability has brought the World to it's knees. A new paradigm is desperately needed to restore sanity to a world gone mad. As we travel the downside we cannot expect the same failed mechanisms to save us.

Dec 11 07:19

Israel Risks Hurting US Ties By Pushing For Iran Strike, Says Brzezinski

Israel will do harm to its relations with the United States if it insists on lobbying Washington for an American military strike on Iran, Zbigniew Brzezinski, the former national security adviser to Jimmy Carter, said in an interview with Haaretz over the weekend.

Dec 11 07:09

Sovietizing the Economy: The Final Phase

"He is a remarkably disciplined individual and a decent writer. He has a good jump shot.

And if he manages to acquire a tithe of the power he seeks, Mr. Obama – or, more properly, the government over which he will preside – will probably end up killing many of us, either indirectly through the privations that result from a centrally planned economy, or through the direct application of the lethal force on which such economies depend.

Dec 11 05:46

Gun Control: Protecting Terrorists and Despots by Ron Paul

Tragically, over the Thanksgiving holiday, the world was reminded how evil and cruel people can be. According to emerging accounts of the events in India, about a dozen well-armed and devastatingly well-trained terrorists laid siege on the city of Mumbai, killing almost two hundred people, and terrorizing thousands.

Regardless of the reasons, the indiscriminate shooting on masses of unarmed and defenseless people is chilling and reprehensible. How were these terrorists able to continue so long, relatively unchallenged, killing so many?

Dec 11 04:16

Capitalist Fools ..Stiglitz

There will come a moment when the most urgent threats posed by the credit crisis have eased and the larger task before us will be to chart a direction for the economic steps ahead. This will be a dangerous moment. Behind the debates over future policy is a debate over history—a debate over the causes of our current situation. The battle for the past will determine the battle for the present. So it’s crucial to get the history straight.

Dec 11 04:13

Capitalist Fools

here will come a moment when the most urgent threats posed by the credit crisis have eased and the larger task before us will be to chart a direction for the economic steps ahead. This will be a dangerous moment. Behind the debates over future policy is a debate over history—a debate over the causes of our current situation. The battle for the past will determine the battle for the present. So it’s crucial to get the history straight.

Dec 11 04:07

OPINION: High court takes on president

The U.S. Supreme Court wisely decided to review the case of Ali Saleh Khalah al-Marri, a legal U.S. resident who was apprehended by the federal government and held for more than five years in a Navy brig, where he stands accused of being an al-Qaida operative.

Dec 10 22:33

Blagojevich/Obama negotiations tapped?

Chicago Dominos Beginning To Fall - Where Might They Fall Next?

Published by AJStrata under All General Discussions, Chicago-Way Corruption Scandal

"The Chicago-Way Corruption Scandal (now a new category here at the Strata-Sphere) is actually a legal domino effect that is just beginning to fall. First we had Rezko, then Blagojevich, and now the Deputy Governor of Illinois has resigned:

Deputy Gov. Bob Greenlee submitted his resignation Wednesday, Blagojevich spokesman Lucio Guerrero said. He did not say why he was resigning, Guerrero said.

Dec 10 21:04

Police taser man in diabetic shock

Luckily for a driver who went into severe diabetic shock last month in Oklahoma, police arrived on the scene and called in an ambulance.

But not before they tasered and handcuffed him.

Dec 10 20:47

Blagogate: Obama lied, Cover-Up Begins

Wednesday, December 10, 2008
Blagogate: Obama's Cover-Up Begins
[TWO SCREEN CAPTURES OF THE ARTICLES APPEAR AT SITE]
Obama lied and now the cover-up begins.
By Alexis Hunt Saturday, November 08, 2008 at 9:48 p.m. QUINCY, IL --
"Now that Barack Obama will be moving to the White House, his seat in the U.S. Senate representing Illinois will have to be filled.
Obama met with Governor Rod Blagojevich earlier this week to discuss it."

November 5th Article
By Carol Sowers Wednesday, November 05, 2008 at 10:39 a.m.

Dec 10 20:41

Bailouts and Bankruptcy

Let's not allow Congress and members of the bailout parade panic us into allowing them to do things, as was done in the 1930s, that would convert a mild economic downturn into a true calamity.

Dec 10 20:09

Knowledge for a Revolution: Unity Vs. Divisiveness

Historically, dividing a population has been a very potent and successful psychological weapon as many nations subsequently use this tactic to justify war, malnutrition and death through the inculcation of fear and divisiveness.

Dec 10 20:07

When Patrick Fitzgerald comes riding in

Don't forget he was the 'outside' investigator for the Valerie Plame case which resulted in fall guy Scooter Libby taking the heat for Dick Cheney. Appearing to be neutral, he works the inside cover ups well.

Dec 10 19:55

Gold Backwardation: What it Means

It must be stressed though, that this has never happened before. If it does not correct itself soon (and it has persisted for over a week now), it is something to pay very close attention. This could be a vitally important sign of things to come and it is pitiful that major news in the US has not covered this, especially financial news shows.

Dec 10 19:44

Speculators push pound to record low against euro

The most sustained run on the pound since Britain was ejected from the exchange rate mechanism in 1992 sent sterling to its lowest-ever level against the European single currency last night.

Fears that the UK would suffer a long and painful recession to match any of the three big downturns since the second world war helped push sterling to 1.1385 against the euro and prompted fears that further selling could result in the exchange rate falling to parity over the coming months.

Dec 10 19:42

Grim outlook for Woolworths rescue

The outlook for 32,000 Woolworths workers looked grim last night as administrators said they could not find a buyer for the collapsed retail group and were starting a closing down sale.

Dec 10 19:31

Credit card companies could face OFT investigation over rising interest rates

Credit card companies could face an investigation by the Office of Fair Trading after raising the cost of card borrowing despite the Bank of England's base rate cuts.

Dec 10 19:23

Film-makers taking on our 'global warming hysteria'

IF THE ADVANCE publicity is anything to go by, Not Evil Just Wrong will do for Al Gore what Michael Moore's Fahrenheit 9/11 did for George W Bush.

"This is the film Al Gore and Hollywood don't want you to see," declares the website for the latest work by film-makers Ann McElhinney and Phelim McAleer. The site even features a big picture of Gore, with his lips in the photograph seemingly digitally enhanced to make them look like Heath Ledger's Joker from the latest Batman film.

Dec 10 17:57

Campbells Soup Safer Credit Risk Than US Government

The CDS market is telling us that a US Government default is more likely than the governments of Japan or Germany. US corporations such as Campbells Soup and Baxter International are even seen as better credit risks than treasuries. All have lower default protection costs than the United States.

Dec 10 17:30

Campbells Soup Safer Credit Risk Than US Government

The CDS market is telling us that a US Government default is more likely than the governments of Japan or Germany. US corporations such as Campbells Soup and Baxter International are even seen as better credit risks than treasuries. All have lower default protection costs than the United States.

Dec 10 16:11

Auto rescue bill in peril, opposed by GOP senators

Emergency aid for the nation's imperiled auto industry was thrown into jeopardy Wednesday, opposed by Republicans who were revolting against a hard-fought deal between Democrats and the Bush White House to speed $14 billion to ailing carmakers.

In light of the story on the Ford Factory in Brazil, I have only one comment HA!

Dec 10 14:11

A Day without a Gay

Why Can't straight Americans be so brave?

Dec 10 13:38

The 1962 Vatican Document on Clergy Sexual Abuse

I've seen this document referred to often in the last 5 years, but this is the first time I have seen it scanned and posted in full.

--Kooch

Dec 10 12:10

Is The Fed Taking First Steps to Selective Default?

As usual the Fed surprises us all with their lack of transparency. They are asking Congress about permission to issue their own debt directly, not tied to Treasuries.

This is known in central banking circles as 'cutting out the middleman.' Not only does the Treasury no longer issue the currency, but they also no longer have any control over how much debt backed currency the Fed can now issue directly.

Perhaps we're missing something, but this looks like a step in anticipation of an eventual partial default or devaluation of US debt and the dollar.

Dec 10 11:43

Supreme Court Overturns Bush v. Gore

It's never to late!

Dec 10 11:29

Larry Summers’ Hedge Fund Freezes Redemptions

Larry Summers’ company, D.E. Shaw, announced this week that it has frozen client withdrawals. Summers, who was tapped to lead President Obama’s White House National Economic Council, served as a managing director to the hedge fund up until the announcement of his cabinet appointment.

D.E. Shaw Co, is a New York based hedge fund with a reputation surrounded in secrecy.

Dec 10 09:26

Turley: 'Strange alliance' between Bush and alleged 9/11 mastermind

Khalid Sheikh Mohammed, often described as the mastermind of 9/11, and four other prisoners held at Guantanamo Bay told a military judge on Monday that they wish to plead guilty to all charges.

Law professor Jonathan Turley sees this confession as a "strange alliance" between Mohammed and George W. Bush, where both men get what they want -- martyrdom in Mohammed's case and vindication in Bush's -- and President-elect Barack Obama is stuck in the middle with a dilemma on his hands.

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