PoliticalEssays

September 25, 2008

OREO 09 25 08

Filed under: news — jaspar @ 7:13 am

OREO 09 25 08

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OREO 09 25 08
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Newsstories of interest:
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** = Important  [in this edition: 1 ]
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MH = Misleading Headline  [in this edition:  ]
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1  DISORDER
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Muslim group seeks probe of 'radical Islam' DVD
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"The DVDs...were inserted this month into more than 70
newspapers" and "targeted about 28 million households"
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Among the newspapers:
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THE CHRONICLE OF HIGHER EDUCATION
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http://hosted.ap.org/dynamic/stories/R/REL_RADICAL_ISLAM_VIDEO?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2008-09-23-20-18-35
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Click
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Probe: Medicare paid billions in suspect claims
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"special diabetic shoes for leg amputees"
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http://hosted.ap.org/dynamic/stories/M/MEDICARE_FRAUD?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2008-09-24-05-57-53
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Click
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Guantanamo prosecutor quits over detainee case
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"his office suppressed evidence that could clear a young
Afghan detainee"
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THERE IS NO CRIME THE SUPERPOWER WILL NOT COMMIT
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http://hosted.ap.org/dynamic/stories/C/CB_GUANTANAMO_MILITARY_TRIALS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2008-09-24-20-39-49
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Click
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2  AFRICA
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ZIMBABWE
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AP Interview: Mugabe urges West to lift sanctions
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"Mugabe...dismissed calls from those who say he should be
tried for human rights abuses.

'I'm sure they forget I am not Mr. Bush who invaded Iraq
... Probably they mistake me for him.  Isn't that the man
who should be tried before I am tried?"
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http://hosted.ap.org/dynamic/stories/U/UN_MUGABE_INTERVIEW?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2008-09-24-20-56-42
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Click
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3  ASIA
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NOL exec warns of Asia-Europe shipping overcapacity
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"The current situation in Asia-Europe is far worse than
during the last cyclical downturn."
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http://www.reuters.com/article/marketsNews/idUSSIN19052820080924
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Click
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Neptune Orient Lines:
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http://en.wikipedia.org/wiki/Neptune_Orient_Lines
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Click
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THE BU$H PLAN (IRAQ)
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At least 20 killed in ambush north of Baghdad
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"12 [puppet] policemen and eight [collaborator] anti-
Qaeda fighters"
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http://news.yahoo.com/s/afp/20080924/wl_afp/iraqunrestdiyala_080924164204
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Click
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AND
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Iraqi police raise death toll in ambush to 35
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"suicide bomber also killed a U.S. soldier"
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http://hosted.ap.org/dynamic/stories/M/ML_IRAQ?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2008-09-25-06-16-26
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Click
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THE BU$H PLAN (AFGHANISTAN)
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Attacks kill 5 [puppet] police in Afghan capital Kabul 
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& "wounded Kabul's [puppet] chief criminal investigator."
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http://hosted.ap.org/dynamic/stories/A/AS_AFGHANISTAN?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2008-09-24-01-26-34
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Click
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The Smart Money in Afghanistan
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"'Afghanization' is now a buzzword and foreign construc-
tion projects now fly the Afghan flag."
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THE SUPERPOWER'S HUMANITARIAN MISSIONS EQUAL
MANY-SIDED SUBVERSION OF THE TARGET SOCIETY!
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http://www.washingtonpost.com/wp-dyn/content/article/2008/09/23/AR2008092302324.html
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Click
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THE BU$H PLAN (PAKISTAN)
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Drone crashed in NW Pakistan: military
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"The military did not identify the drone as a U.S.
aircraft."
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IT'S OFFICIAL: PUPPET PAKISTAN
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http://www.reuters.com/article/topNews/idUSTRE48MC9J20080924
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Click
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Gates Is Pessimistic On Pakistani Support
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"'Frankly, I think one of the keys in terms of expanding
our cooperation with the Pakistanis is identifying common
threats,' he said. 'They do not see some of these groups 
in the same way we do.'"
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THE CIA MESSES WITH OUR MINDS
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http://www.washingtonpost.com/wp-dyn/content/article/2008/09/23/AR2008092300091.html
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Click
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US bans Americans from Pakistan hotels
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"The ban on hotel stays applies only to government em-
ployees, who frequently used the Marriott."
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Government employees?
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BLACK HOUSE-CIA-FBI COMPLEX
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http://au.news.yahoo.com/a/-/world/5039158/bans-americans-pakistan-hotels/
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Click
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JAPAN
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Japan: Hundreds protest US carrier arrival
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"about 50,000 U.S. troops are deployed throughout Japan"
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PUPPET-JAPAN NEEDS TO KICK OUT THE SUPERPOWER
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http://hosted.ap.org/dynamic/stories/A/AS_JAPAN_US_CARRIER?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2008-09-24-08-29-07
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Click
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Japan posts rare trade deficit on high fuel costs
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"and falling car exports"
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http://hosted.ap.org/dynamic/stories/A/AS_JAPAN_TRADE_DEFICIT?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2008-09-25-07-08-27
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Click
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VIET NAM
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FedEx raises Vietnam services capacity five-fold
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"the last 15 years has seen Vietnam emerge as a powerful
economic force in this region"
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http://www.reuters.com/article/marketsNews/idUSHAN9606720080924
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Click
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4 EUROPE
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ALBANIA
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FEATURE-Little Albania grows towards the mainstream
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"Only a few people lead the good life.  The rest are hav-
ing trouble making ends meet because of rising prices."
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http://www.reuters.com/article/marketsNews/idUSA20080925?sp=true
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Click
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ITALY
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EU funds for poor to be spent on football
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"European Commission [may] investigate why funding meant
to help one of the country's poorest regions is actually
being funnelled to one of the world's richest football
federations."
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http://au.news.yahoo.com/a/-/world/5039276/eu-funds-poor-spent-football/
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Click
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Association football [soccer]:
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http://en.wikipedia.org/wiki/Association_football
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Click
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5  LATAM
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BRAZIL
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CEO says Vale to stick to China price demands-report
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"The attempt to raise prices months after the annual
prices had already been negotiated was unprecedent[ed]"
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http://www.reuters.com/article/marketsNews/idUSN2447534820080924
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Click
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6  SUPERPOWER
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Report: More factory farming but oversight lags
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"Some huge livestock farms produce more raw waste than
cities as large as Philadelphia or Houston."
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BUT NOT NEARLY AS MUCH AS WASHINGTON DC
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http://hosted.ap.org/dynamic/stories/F/FARM_POLLUTION?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2008-09-24-00-05-50
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Click
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U.S. gasoline stocks fall to new record low: EIA
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"as refinery utilization rates sank to record lows"
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http://www.reuters.com/article/ousiv/idUSTRE48N59X20080924
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Click
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Mail volume down in slow economy
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"volume could decline by as much as nine billion items
in the current fiscal year."
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http://hosted.ap.org/dynamic/stories/M/MAIL_VOLUME?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2008-09-24-14-59-18
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Click
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U.S. farmers may face cash flow squeeze --official
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"In most parts of the country farm values have been
increasing at double-digit rates annually."
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http://www.reuters.com/article/marketsNews/idUSN2451963720080924?sp=true
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Click
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Studies Show Strain of Medical Bills
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"the toll health care is increasingly placing on working
families, even for those who have health insurance."
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http://www.nytimes.com/2008/09/25/business/25health.html
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Click
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7  $$$$
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World central banks pump more cash into tense markets
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"the short-term lending market in which banks lend to
each other has repeatedly seized up...because of in-
creasing worries over the creditworthiness of borrowers."
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MORE BELOW
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http://www.reuters.com/article/topNews/idUSTRE48N1Z120080924
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Click
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Main Street voices irritation with Wall Street
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Nonetheless--
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"Nearly two-thirds of the public thinks the government
bailout plan is the right thing to do"
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THIS IS AN ITEM ON THE EVIL PEOPLE'S RAPSHEET
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http://hosted.ap.org/dynamic/stories/B/BAILOUT_BLUES?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2008-09-23-20-40-08
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Click
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Money-Market Rate Climbs as Bank Funding Constraints Worsen 
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"Demand for central bank loans backed by collateral surged
this week as financial institutions hoard cash and balk at
lending to each other on concern more banks will fail.
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Libor loans aren't secured and typically command rates above
those of secured loans of similar maturities."
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http://www.bloomberg.com/apps/news?pid=20601087&sid=ahfOalHOb48w&refer=home
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Click
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Term auction facility:
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http://en.wikipedia.org/wiki/Term_Auction_Facility
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Click
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London Interbank Offered Rate:
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http://en.wikipedia.org/wiki/Libor
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Click
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__WE ARE NOT, AND NEVER HAVE BEEN, CROOKS__
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FBI Probing Fannie, Freddie, AIG, Lehman in Subprime
Collapse
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"Those companies are among 26"
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http://www.bloomberg.com/apps/news?pid=20601087&sid=a_oZZHsX.QIM&refer=home
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Click
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Jimmy Carter says bailout plan is faulty
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"It gives [Paulson] dictatorial power with no supervision"
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http://hosted.ap.org/dynamic/stories/C/CARTER_BAILOUT?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2008-09-24-10-37-42
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Click
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Home Resales in U.S. Fall 2.2% to 4.91 Million Pace
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"and prices dropped the most on record"
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http://www.bloomberg.com/apps/news?pid=20601087&sid=aqZOHUemgX8M&refer=home
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Click
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U.S. Ad Spending Falls 3.7%, Biggest Drop Since 2001
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"as automakers and phone companies cut marketing budgets"
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http://www.bloomberg.com/apps/news?pid=20601087&sid=a6yBA50FdY6A&refer=home
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Click
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Bringing Down Wall Street as Ratings Let Loose Subprime
Scourge 
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"the New York-based companies [S&P & Moody] stamped out
top ratings on debt pools that included $3.2 trillion of
loans to homebuyers with bad credit and undocumented in-
comes between 2002 and 2007."
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http://www.bloomberg.com/apps/news?pid=20601109&sid=ah839IWTLP9s&refer=home
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Click
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Standard & Poor's:
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http://en.wikipedia.org/wiki/S%26P
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Click
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Moody's:
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http://en.wikipedia.org/wiki/Moody%27s
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Click
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Paul Craig Roberts | The Bitter Fruits of Deregulation |
Mortgaging the Nation | September 24, 2008
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"The US is not a superpower.  The US is a financially
dependent country that foreign lenders can close down
at will."
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http://www.counterpunch.org/roberts09242008.html
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Click
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AND
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**  U.S. will lose financial superpower status: Germany
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"[German Finance Minister Steinbrueck} blamed the United
States on Thursday for spawning the global financial
crisis with a blind drive for higher profits and said it
would now have to accept greater market regulation and a
loss of its financial superpower status."
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Blind drive for higher profits?
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THE SUPERPOWER'S DECLARATION OF WORLD $LAVERY
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http://www.reuters.com/article/topNews/idUSTRE48O2LS20080925
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Click
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CBO Chief Says Rescue Plan Could Worsen Economic Crisis
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"[some] companies 'look solvent today only because...[the
true state of their affairs is] kind of hidden,'...[the
director of the Congressional Budget Office] said.  'They
actually are insolvent' already"
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http://www.washingtonpost.com/wp-dyn/content/article/2008/09/24/AR2008092402799_pf.html
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Click
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President Bush’s Speech to the Nation on the Economic Crisis
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http://www.nytimes.com/2008/09/24/business/economy/24text-bush.html?pagewanted=all
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Click
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====
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Oreo Archive:
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http://groups.yahoo.com/group/O-r-e-o
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