Showing posts with label Fraud. Show all posts
Showing posts with label Fraud. Show all posts
Sunday, July 8, 2012
A number of hedge funds and other shareholders filed a Class Action Lawsuit against General Motors
A number of hedge funds and other shareholders filed a Class Action Lawsuit against General Motors.(MP).A number of hedge funds and other holders of shares in General Motors have filed a class action lawsuit alleging that GM is channel stuffing in order to inflate its sales numbers. This has been long discussed and finally some action. If you think the economy is so robust, what is robust is how much manipulation is going on.
Quote: --------------------------------------------------------------------------------
1. This is a securities class action on behalf of all purchasers of the common stock of GM pursuant in or traceable to the Company's November 18, 2010 initial public offering (the "MO" or the "Offering") pursuant to the Securities Act of 1933 (the "Securities Act").
2. Defendants made materially false and misleading statements, and failed to make subsequent disclosures to make the earlier statements not misleading, related to GM having strong inventory controls in place at the time of the IPO.
3. In connection with the IPO, and in order to assuage concerns that GM was predicting revenue based on production rather than actual sales, GM falsely assured investors that it was actively managing its production by monitoring its dealer inventory levels. Additionally, GM assured investors that in 2011 it would improve inventory management, which would improve average transaction price.
4. These statements were false when made. In July 2011, reports began to surface that GM had engaged in an extraordinary inventory build-up. In particular, an article published by Bloomberg on July 5, 2011 revealed that GM may have been unloading excessive inventory on dealers, a practice known as channel stuffing, in order to create the false impression that GM was recovering and sales and revenues were rising. The Bloomberg article stated that GM's truck inventory swelled to 122 days worth of average sales whereas, by comparison, GM's less profitable car inventory was limited to 60 to 70 days of average sales, Ford was maintaining only a 79 day inventory on comparable trucks, and GM's truck inventory during the years 2002-2010 had similarly averaged only 78 days of average sales. By November 2011, GM dealer inventories were 30% higher than they were on September 30, 2010 (the end of the last full quarter before the November 18, 2010 IPO) and 62% higher than they were at the end of2009.
5. During the three months following the Bloomberg article, GM's share price fell from more than $31.00 to below $20.00, far below the IPO price of $33.00, and continues to trade around $20.00 today.
6. Plaintiff is asserting non-fraud prospectus liability claims under Sections 11, 12(a)(2) and 15 of the Securities Act of 1933 on behalf of purchasers of GM stock in or traceable to the November 18, 2010 IPO.
Hmmmm..........Obama Pushes False GM Success Story: "As part of a credit agreement with Treasury, $16.4 billion in TARP funds were placed in an escrow account that GM could access only with Treasury's permission." As it turns out, GM got Treasury's OK to "repay" more than $6.7 billion "using a portion of the escrow account that had been funded with TARP funds." So GM is merely paying the government back with government money, not money GM is earning selling cars, as the administration has claimed.............."Yes We Can?"Read the full story here.
Monday, May 21, 2012
Like Elizabeth Warren, Obama Claims Cherokee Ancestry--But Offers No Proof.
"Two headed snake"
Like Elizabeth Warren, Obama Claims Cherokee Ancestry--But Offers No Proof.(Breitbart).President Barack Obama and Massachusetts Democratic Senate candidate Elizabeth Warren have more in common than just their liberal political ideology, Harvard Law pedigree, and Democratic Party affiliation. Both claim Cherokee ancestry, and neither can prove it. Ms. Warren's claims are current and well known, but President Obama's claims were made back in 1995, when his memoir, Dreams from My Father, was published. On pages 12 and 13 of the 2004 paperback edition, the President unequivocally asserts his Cherokee ancestry: If asked, Toot [Obama’s maternal grandmother, Madelyne Payne Dunham] would turn her head in profile to show off her beaked nose, which, along with a pair of jet-black eyes, was offered as proof of Cherokee blood.
Unlike Ms. Warren, no one has ever alleged that President Obama may have secured employment due to his claim of Native American ancestry. Like Ms. Warren, however, the President puts forth his claim with emphatic certitude, although until now no one has sought to ask him to provide evidence to prove it. Like Ms. Warren, the proof the President has offered to date does not go beyond "family lore"--though he, at least, has not yet offered the Pow Wow Chow cookbook as evidence of his Cherokee ancestry. Unlike Ms. Warren, the President has a family member who, though strongly opposed to the President’s political philosophies, firmly believes the family lore of Cherokee heritage--though he quickly acknowledges that he, like the President, has no concrete evidence to support that belief.
In Dreams, the President says: “Toot’s mother [Leona McCurry Payne]…blanched whenever someone mentioned the subject [of Cherokee ancestry] and hoped to carry the secret to her grave.” Wolf says that “my mother always told us that her father [Leona McCurry Payne’s brother, Franklin McCurry] didn't like to talk about [his Cherokee ancestry] due to prejudice against Indians. She said that he had said that she and her siblings were of sufficient Indian heritage (I think 1/8, but maybe 1/16) that they could have had free college tuition and other government benefits, but he wouldn't acknowledge it publicly--and neither should they.”
One amateur genealogist following this story noted that “other than a couple of people listed as born or living in North Carolina, I don't see anyone [from among President Obama’s ancestors] living anywhere the Cherokees were living. And not all people who lived in North Carolina were Cherokees. When families are from the Southeast and have a family story if it pans out there is Indian blood, it isn't always Cherokee, even if that is what the family was told.”Hmmmmmm..........."Evolving Ancestry?"Read the full story here.
Like Elizabeth Warren, Obama Claims Cherokee Ancestry--But Offers No Proof.(Breitbart).President Barack Obama and Massachusetts Democratic Senate candidate Elizabeth Warren have more in common than just their liberal political ideology, Harvard Law pedigree, and Democratic Party affiliation. Both claim Cherokee ancestry, and neither can prove it. Ms. Warren's claims are current and well known, but President Obama's claims were made back in 1995, when his memoir, Dreams from My Father, was published. On pages 12 and 13 of the 2004 paperback edition, the President unequivocally asserts his Cherokee ancestry: If asked, Toot [Obama’s maternal grandmother, Madelyne Payne Dunham] would turn her head in profile to show off her beaked nose, which, along with a pair of jet-black eyes, was offered as proof of Cherokee blood.
Unlike Ms. Warren, no one has ever alleged that President Obama may have secured employment due to his claim of Native American ancestry. Like Ms. Warren, however, the President puts forth his claim with emphatic certitude, although until now no one has sought to ask him to provide evidence to prove it. Like Ms. Warren, the proof the President has offered to date does not go beyond "family lore"--though he, at least, has not yet offered the Pow Wow Chow cookbook as evidence of his Cherokee ancestry. Unlike Ms. Warren, the President has a family member who, though strongly opposed to the President’s political philosophies, firmly believes the family lore of Cherokee heritage--though he quickly acknowledges that he, like the President, has no concrete evidence to support that belief.
In Dreams, the President says: “Toot’s mother [Leona McCurry Payne]…blanched whenever someone mentioned the subject [of Cherokee ancestry] and hoped to carry the secret to her grave.” Wolf says that “my mother always told us that her father [Leona McCurry Payne’s brother, Franklin McCurry] didn't like to talk about [his Cherokee ancestry] due to prejudice against Indians. She said that he had said that she and her siblings were of sufficient Indian heritage (I think 1/8, but maybe 1/16) that they could have had free college tuition and other government benefits, but he wouldn't acknowledge it publicly--and neither should they.”
One amateur genealogist following this story noted that “other than a couple of people listed as born or living in North Carolina, I don't see anyone [from among President Obama’s ancestors] living anywhere the Cherokees were living. And not all people who lived in North Carolina were Cherokees. When families are from the Southeast and have a family story if it pans out there is Indian blood, it isn't always Cherokee, even if that is what the family was told.”Hmmmmmm..........."Evolving Ancestry?"Read the full story here.
Sunday, February 13, 2011
MFS - The Other News
Afternoon Posting.
- Iran Live Blog : 25 Bahman / 14 February. "My Bloody Valentine "? Here. Television viewers around the world following events in Cairo over the past few weeks have become familiar with the layout of Tahrir Square, epicenter of the Egyptian uprising. Here's a bird's-eye comparison with Azadi Square, the intended destination of the Monday march planned for Tehran. Here.
- Mousavi & Karroubi: IRGC, Basij, Army will not abandon Iranian people.GVF — In the lead-up to the 32nd anniversary of the Islamic Revolution, the Leaders of Iran's opposition Green Movement have called on the Iranian people not to tolerate tyranny and signaled that Iran's armed forces would not leave the Iranian nation alone.In a statement released on Tuesday, Mousavi and fellow opposition leader Mahdi Karroubi said that the 1979 Islamic Revolution was the outcome of the people's will to take "their destiny into their own hands.""What we saw in the those days, was not a mere displacement of political power, but the arrival of a new discourse and the departure of an old one which believed that it could continue to exist by shutting all the doors for the gradual reform of the state and society, by resorting to a coup d'état reliant on control-seeking foreign powers and negligence on the part of this country's [most] caring [individuals], by arresting scores of freedom-seekers, by enforcing press censorship, by pouring oil revenues into the pockets of opportunists in power, by arming itself to the teeth using all sorts of weapons, by employing a deafening propaganda machine and the illusion of having an immense role in regional and global developments, by turning a blind eye to rivals and critics, and considering themselves and their associates as 'everyone' while viewing as sacred a power that lacked the people's approval," wrote the men who maintained that Iranian people's sense of responsibility had placed them "at the forefront of regional societal developments" and the formation of though "in recent decades."Mousavi and Karroubi stated that the most important concern for the Elite Council charged with writing Iran's constitution following the Islamic Revolution was "finding ways to prevent the formation of authoritarianism, despotism and dictatorship in any shape or form" and that the constitution was written at a time when the people's main concern was "equality" "brotherhood" and "justice." "The people who rose up during the revolution intended to remove [inequality] by adopting a model [of governance] that was based on the just rule of [Imam] Ali."Read the full story here.
- 'A weapon of mass destruction was found in the U.S.': Shock confession of Customs officer.A port official has admitted that a 'weapon of mass effect' has been found by 'partner agencies' in the U.S., raising major questions over a possible government cover-up.The disturbing revelation came in an interview with San Diego's assistant port director screened by a television channel in the city.The Customs and Border Protection Department tried to dampen speculation over his remarks, but doubts remained over whether he had inadvertently revealed a dirty bomb plot to attack the U.S. mainland.Concern over a secret WMD bust came after U.S. cables made public by the Wikileaks whistleblower website revealed terror groups were plotting a 'nuclear 911.In the interview screened by San Diego’s 10News, Al Hallor, assistant San Diego port director, said ‘weapons of mass effect’ had been found, although he did not specify exactly where or what they were.Reporter Mitch Blacher asked Mr Hallor: ‘Do you ever find things that are dangerous like a chemical agent or a weaponised device?’‘At the airport, seaport, at our port of entry we have not this past fiscal year, but our partner agencies have found those things,’ the customs official replied.‘So, specifically, you're looking for the dirty bomb? You're looking for the nuclear device?’ asked Mr Blacher.‘Correct. Weapons of mass effect,’ said Mr Hallor.
‘You ever found one?’ asked Mr Blacher.
‘Not at this location,’ Mr Hallor said.
‘But they have found them?’ asked Mr Blacher.
‘Yes,’ said Mr Hallor.He was explaining how the port checks cargo ships arriving at the port. He suggested the customs ‘partner agencies’ may have found the 'weapons of mass effect.'Former Secret Service agent and airline security director Glen Winn told 10News Mr Hallor’s comments appeared to be credible.‘This person was, I believe, knowledgeable, has a very important position with the port and the government and as such has that knowledge,’ he said.Hmmmm.......Read the full story here.
- HT:Aina.President Obama Invited Muslim Brotherhood; What About Coptic Christians?Coptic Christians in America, with the support of other Americans, are concerned for their counterparts living in Egypt. Also in danger could be people of other faiths, including Muslims of unpopular sects.A Coptic Christian is an Egyptian, living in Egypt or abroad, who believes in Jesus Christ. "Coptic" means Egyptian. Coptic Christians follow either the Orthodox, Catholic or Protestant form of Christianity.Coptics are concerned that while President Barack Obama invited the Muslim Brotherhood to participate in forming a new Egyptian government, neither he nor others in his administration specifically invited Egypt's Christian population or other religious groups to the table.Although White House spokesman Robert Gibbs' Jan. 31 speech called for "nonsecular" participation in discussion of a new Egyptian government, the only religious group invited by name was the Muslim Brotherhood.Voice of the Copts is a representative body of Coptic Christians in the USA. Its website criticizes Obama's refusal to admit the Muslim Brotherhood is not a threat while he himself states the Brotherhood is well-organized with anti-American ideas. Voice of the Copts informs that there are many kinds of people in Egypt and all must be considered.By various reports, there are ten to twelve million Coptic Christians in Egypt. This is 15 percent to 20 percent of the population. The fear is, that if the Muslim Brotherhood turns out to want Sharia law (Islamic religious law) to become state government law, what will become of these Christians?And what will become of Muslims who are the "wrong" sect of Islam? In countries currently governed by Sharia law, a Muslim can be an unpopular type of Muslim, depending whether leaders in the regime are Shia or Sunni. They can be shunned from employment, dispossessed of their homes, persecuted, tortured or killed just like any other religious minority.The New York Sun reported in May 2010 that Coptic Christians have been unable to obtain an audience with President Obama to discuss religious persecution in Egypt. They don't mind Obama's hand extended to the Muslim community, but the fact that their own is ignored is extremely frustrating.Hmmmm..... I for one would love to see the Christian" President Obama his Baptism certificate with or without the birth certificate.Because none of his actions show anything Christian like!Read the full story here.
- HT:IsraelMatzav.Mubarak stashed the cash and where is he now?The 'Palestinian' Maan news service reports that Egyptian President Hosni Mubarak is so seriously ill that he fainted before giving his ill-fated non-resignation speech on Thursday night. But that illness did not stop him from stashing millions of dollars in cash in 'untraceable bank accounts' during the 18 days before his resignation. On Friday night Swiss authorities announced they were freezing any assets Mubarak and his family may hold in the country's banks while pressure was growing for the UK to do the same. Mr Mubarak has strong connections to London and it is thought many millions of pounds are stashed in the UK.But a senior Western intelligence source claimed that Mubarak had begun moving his fortune in recent weeks."We're aware of some urgent conversations within the Mubarak family about how to save these assets," said the source, "And we think their financial advisers have moved some of the money around. If he had real money in Zurich, it may be gone by now."The Bahrain-based newspaper Al-Wasat reported Saturday that Mubarak had fallen into a coma, quoting sources close to the deposed leader.The Egyptian newspaper Al-Masry Al-Youm said Sunday that Mubarak was in Baden, Germany for medical treatment.And it was reported on Israel Radio earlier today that Mubarak is in Dubai.Hmmmm.....As i said earlier he had 18 days to move the money and yes who wouldn't want to spend his last years in Dubai's islands of the world?Read the full story here.
- HT:Memri.Iranian Senior Official: U.K. Ambassador Barred from Iran.Hossein Ebrahimi, a member of the Iranian Majlis National Security and Foreign Policy Committee, said that the Iranian regime has decided to ban Simon Gass, the U.K. ambassador to Iran, who is currently away from the country, from returning there, in light of his "anti-Iran activities" and his appointment as NATO's envoy to Afghanistan.Hmmmm.....Meanwhile Iran is having the Turkish President as a guest ,Turkey a NATO member active in Afghanistan and close friend of Pres Obama judging from his many Telephone calls lately to the Turkish leaders.Are we being betrayed........ is Israel being served on a platter as the sacrificial lamb to hold the peace in the Middle East?Read the full story here.
- Turkish FM: Israel wants to be only democracy in ME.Davutoglu criticizes Jewish state for 'linking' Egyptian opposition to Iranian regime, trying to define itself as 'purely Jewish'. "Israel is losing its allies only because of its policies," Turkish Foreign Minister Ahmet Davutoglu told CNN-Turk News Saturday night.Addressing the collapse of Hosni Mubarak's regime in Egypt, Davutoglu said Israel "takes pride in being a democracy, but does not want any other country to be a democracy." According to Davutoglu, Israel has tried to link the Egyptian opposition to the Iranian regime and make the issue a regional problem. "If Israel feels threatened at this time, it must first check itself," he said before heading to Iran for an official visit. "Despite (US President Barack) Obama's efforts over the past two years, the peace process is stuck. Who is responsible for this? The settlement building policy, the control over conquered territories – all these don't point to a peace-inducing attitude," he said. "(Israel) cannot establish a purely Jewish state. It believes it can exist in complete isolation from its surroundings. This is a hard goal to achieve –trying to divide the Middle East."Davutoglu rejected the notion that a Mubarak-led Egypt would preserve peace and stability in the region. "Israel lost countries it had diplomatic relations with, and now it fears losing countries it considers close, her said. According to Ankara's top diplomat, Israel is the Middle East country most in need of reflection as demonstrations break out across the region."I don’t know of any friendly, objective nation – be it European or American – that would agree to such a distinction. With time, everyone will understand that Israel's actions cannot be legitimized just because its people have suffered in the past," said the Turkish FM. Hmmmm.....Israel is losing friends because of Obama his policy and why the meeting next month in The US with Hillary Clinton to discuss Turkish - Israeli relations without any Israelis present?Is Israel the next to be stabbed in the back by recognising the Palestinian state?Read the full story here.
- Turkey’s Opposition MP: “AKP Uses the Police as Revolutionary Guard”.Deputy Chairman of Turkey’s main opposition party CHP (Republican People’s Party) Engin Altay said that AKP was using the police force as its Revolutionary Guard. He said that PM Erdogan has been transforming the country’s parliamentary democracy to an oligarchy, showing no tolerance to peaceful student protests which he brutally suppresses by using the police as his revolutionary guard.In a written statement Altay said that a recent protest by students in Black Sea Technical University to oppose the planned hydroelectric power stations in the region, was met with brutal police action that stopped a democratic protest by severe beatings, dragging and stepping on the heads of the students. “Everywhere in Turkey all democratic and peaceful anti-AKP protest or demonstrations are being suppressed by excessive and brutal measures by the police, which the prime minister defines as the ‘guardian of democratic regime’. No true democrat would assign the responsibility of guarding democracy into the hands of the police”, Altay said. He reminded that PM Erdogan had stated in the past that “democracy is only a vehicle, a tram that you take until you get to your desired station, where you get off”.During the protests in Egypt, and when PM Erdogan was calling on Mubarak to listen to the wishes of his people, Turkish police had been using force to silence the many peaceful protests by students and labor unions in various cities in Turkey.Hmmmm.....Turkey the worst violator of human rights !And Obama's BEST FRIEND !Tell me what company you keep and I'll tell you what you are.Miguel de Cervantes. Read the full story here.
- HT:Memri.In Iran, Protest Movement, Regime Prepare for February 14 Demonstrations.On February 12, 2011, the Iranian regime rejected the protest movement's request for permission to stage demonstrations in support of the popular uprisings in Egypt and Tunisia, planned by movement leaders Mir Hossein Mousavi and Mehdi Karroubi for February 14, 2011. Ignoring the ban, the movement's coordination committee has called on its supporters to take to the streets anyway.In anticipation of the demonstrations, the regime has arrested associates of the protest movement leaders, issued public announcements warning Iranians not to participate in the protests, increased media oversight, and blocked Internet access.The regime's concern is that the mass demonstrations in support of the Egyptian and Tunisian uprisings will turn into demonstrations against the Iranian regime itself. This fear was reflected in a statement by Iranian Basij commander Mohammad Reza Naqdi, who at a ceremony at Iran's Revolutionary Guard Corps (IRGC) headquarters claimed that Western intelligence agencies were looking for a disabled person to set himself on fire in Tehran, in order to spark a popular uprising there – following the model of events in Tunisia and Egypt.It should be noted that the Iranian regime's policy vis-à-vis protest movement leaders Mir Hossein Mousavi, Mehdi Karroubi, and Mohammad Khatami has so far focused on isolating them politically and denouncing them publicly, and on measured persecution of them and their families, who have been subjected to house arrest, physical assaults, destruction of property, unexpected searches, and restrictions on their movements. Senior regime officials have explained that the regime has intentionally refrained from prosecuting or executing the protest movement leaders and their relatives, so as not to turn them into martyrs, which could spark another wave of protests like that of 2009.On February 11, 2011, some 70 high-ranking regime officials, including Majlis members, lecturers at the universities and religious seminars, and former IRGC members, issued a statement announcing the establishment of a steering committee to coordinate the suppression of the protest movement, called the Ammar Headquarters. The headquarters' declared goal is to ensure complete obedience to Supreme Leader Ali Khamenei and to the principle of velayat-e faqih (the "rule of the jurisprudent"). Among these officials were associates of Supreme Leader Ali Khamenei and President Mahmoud Ahmadinejad, such as Qassem Ravanbakhsh, an associate of President Ahmadinejad and of his religious mentor Ayatollah Mesbah-e Yazdi, as well as Alireza Panahian, who heads Khamenei's leadership think tanks at several Iranian universities, and who has repeatedly called for the execution of Mousavi and Karroubi. The Khandaniha website assessed that the committee's aim is to pressure the Iranian leadership to prosecute, or even execute, the protest movement leaders.It should be noted that as part of its coverage of Revolution Day, February 11, 2011, the Iranian news agency Fars, which is close to the IRGC, published a photograph of demonstrators holding pictures of Mousavi and Khatami with nooses around their necks. In addition, at Revolution Day rallies in Tabriz and Yazd, participants signed a petition calling for prosecuting Mousavi for his alleged responsibility for the 2009 riots.Hmmmmm........It's promising to be a very bloody Valentine in Iran,sleep well President Obama.Read the full story here.
- HT:SultanKnish.AOL Reinvents Itself as Anti-America Online.AOL's purchase of Huffington Post is not the beginning of a liberal new media monopoly, rather it's the prolonged death rattle of a company that has money, but no reason for existing. AOL started out as the country's biggest service provider, and is now nothing more than a third rate imitation of Yahoo, which is also struggling to survive.High profile white elephant purchases by desperate dot coms are nothing new. AOL has been doing that for years. It bought Bebo for 850 million dollars and then sold it for 10 million dollars. It bought Xdrive for 30 million and then tried to sell it for 5 million a few years later. Now Huffington Post joins the ranks of Bebo and Xdrive. Another acquisition by a troubled company that has lost its customer base and can't figure out how to get a new one, except by buying up companies tapped into the business model of two years ago.Much like at HuffPo, the details don't really matter. Only the image does. Or the image of the image. The melange of emotion and outrage, titillation and talking down to, that exercise the reptile brain but leave nothing inside it. The Huffington Post's success marks the failure of the consumers of its content. Selling it to AOL does more than turn the former America Online into Anti-America Online, it puts a price tag on the prime commodity of the progressive movement, unpaid labor repaid in betrayal. It's a commodity that everyone from Ralph Nader to Obama has made great use of, harnessing the outrage and enthusiasm of the base for their own profit. For Arianna and AOL, the pricetag was a mere few hundred million. For Obama it was in the hundreds of billions.Read the full story here.
- West's call for slashing federal spending draws cheers from conservative activists.WASHINGTON — Three months after unseating a Democrat in a Palm Beach-Broward district that voted for Barack Obama, U.S. Rep. Allen West, R-Plantation, emerged tonight as one of the symbolic conservative faces of the new GOP-controlled House.Tapped by organizers of the Conservative Political Action Conference to deliver the event's keynote address, West gave thousands of cheering activists a 30-minute call for slashing federal spending, maintaining America's military might and defending "definitive American culture" against "multiculturalism...on steroids."After Sarah Palin turned down an invitation to give the keynote address, CPAC organizers chose West as a symbol of the conservative-leaning class of 87 GOP freshmen whose victories wrested control of the House from Democrats.West, a fiery conservative speaker with strong tea party backing and a national following on YouTube, unseated Democrat Ron Klein last fall in a district that's divided nearly evenly between Republicans and Democrats.West is one of only two black Republicans in the House."You endured the relentless and hostile attacks from the liberal left, such as being called racist," West told the conservative activists. "Perhaps they should see who is standing here as your keynote speaker."West quoted from Washington, Lincoln, Sun Tzu and others in outlining what he called the three pillars of conservatism. Limited government is one pillar, he said. The second is "peace through vigilance, through resolve and through strength.""If we are to have a new dawn in America, it means reclaiming our Judeo-Christian faith heritage," he said. "This is not about a separation of church and state, it is about making sure that we do not separate faith from the individual. You must never forget that the American motto is 'In God We Trust'."West acknowledged his spot on the early endangered lists, but told the cheering conservative crowd: "Standing here in front of each and every one of you, I don't feel so vulnerable."Hmmmm......"I have not yet begun to fight!"Read the full story here.
- HT:Memri.Syrian-Turkish Agreement to Collaborate against PKK.The Turkish daily Milliyet reports that a comprehensive Turkish-Syrian agreement for counterterrorism cooperation, aimed especially at coordinating efforts against the Kurdish organization PKK, is being considered by the Turkish parliament. According to the agreement, both countries will undertake to prevent all military, cultural, economic and propaganda activity by the PKK in their territory; a direct communications system (hot line) will be installed between the Syrian and Turkish chiefs of staff; joint military operations will be conducted, as needed, and procedures will be established for the rapid extradition of PKK members between the two countries.Hmmmm.......Erdogan "Muslims don't commit genocide".Read the full story here.
- HT:BigGovernment.Andrew Breitbart on Pigford Lawsuit: ‘Bring It On’.Andrew Breitbart and the head of Breitbart.tv sued by Pigford claimant.Los Angeles, CA, February 12, 2011 – Breitbart.com LLC announced today that its Chairman and CEO Andrew Breitbart and the head of Breitbart.tv, Larry O’Connor, have been sued in the Superior Court of the District of Columbia by a central figure in the Pigford “back-door” reparations case. The Pigford case involves over $2.5 billion in US taxpayer money and constitutes one of the biggest cases of corruptionand politically-motivated fraud in the history of the United States. Mr. Breitbart and Breitbart.tv have been investigating and reporting on the Pigford case since late summer 2010.Andrew Breitbart said, in response to being sued, “I find it extremely telling that this lawsuit was brought almost seven months after the alleged incidents that caused a national media frenzy occurred. It is no coincidence that this lawsuit was filed one day after I held a press conference revealing audio proof of orchestrated and systemic Pigford fraud. I can promise you this: neither I, nor my journalisticwebsites, will or can be silenced by the institutional Left, which is obviously funding this lawsuit. I welcome the judicial discovery process, including finding out which groups are doing so.”On Thursday, February 10, 2011, at the Conservative Political Action Conference in Washington, D.C., Mr. Breitbart held a national press conference at which he, Huffington Post blogger Lee Stranahan, and black farmer Eddie Slaughter presented compelling evidence for, and Representatives Michele Bachmann (R-MN) and Steve King (R-IA) specifically called for, Congressional investigation into the Pigford case.At the press conference, Mr. Breitbart revealed two hours of audio of Thomas Burrell, the head of the Black Farmers & Agriculturalist Association, Inc., teaching non-farmers in the South how to commit fraud in the Pigford “back-door” reparations case. This audio conclusively demonstrates how people have conspired to grow the class of Pigford claimants to 94,000, when in fact, there were only about 18,000 black farmers in the entire country during the relevant time period, and when there were never anticipated to be more than a few thousand potential claimants among those 18,000. The numbers just do not and cannot add up."I am determined to obtain justice for the truly and legitimately discriminated against American black farmers, who have heretofore been denied justice by the USDA and the Pigford case,” Andrew Breitbart said. “Nothing will deter my efforts to makes them whole. I will simultaneously continue to fight relentlessly against the efforts of those who would use these working American farmers to defraud the American taxpayer to the tune of billions of dollars. This new lawsuit will not stop the American public from finding out what is really going on, who is directly culpable, and the critical role of the Pigford claimant in all off this.”The lawsuit served today does not name as co-Defendants President Barack Obama, the USDA and USDA head Tom Vilsack, even though it is they who fired the Pigford claimant, and who, according to the Pigford claimant herself, denied her due process.Mr. Breitbart categorically rejects the transparent effort to chill his constitutionally protected free speech and, to reiterate, looks forward to exercising his full and broad discovery rights.Mr. Breitbart is absolutely confident of being fully vindicated.Hmmmm.....Something smell awfully bad there and it aint the manure!Read the full story here.
- HT:JudicialWatch.CPAC: Former CIA Director Tells Of Sharia Threat. The only thing more popular than bashing President Obama on the last day of the Conservative Political Action Conference was national security, especially the hot-button topic of Sharia law, the authoritarian doctrine that inspires Islamists and their jihadism. Several accomplished military, terrorism and national security experts have long asserted that terrorists are covertly using Islamic Sharia law as a non-violent way to destroy the United States. A panel of highly regarded experts reiterated the assessment in a Saturday afternoon CPAC seminar called “The Sharia Challenge in the West.”Former Central Intelligence Agency Director Jim Woolsey, a foreign policy specialist who has worked for both Democratic and Republican administrations, led the intriguing seminar. The United States is, not only at war with terrorists such as Al Qaeda and Hezbollah but also with those who, over the long run, want to impose Sharia law, Woolsey assured.He defined Sharia as a “theocratic dictatorship extremely opposed to democracy” and a movement to “eliminate and destroy western civilization.” The biggest challenge in fighting it is America’s long tradition of tolerance towards all religions, he warned, pointing out that the radical Islamic group Muslim Brotherhood is largely behind the effort to bring Sharia to the U.S. Ironically, Muslim Brotherhood affiliates sponsored a CPAC panel a day earlier to defend Islamic rights, building a mosque at Ground Zero and the overall mission of the group which is known as the parent organization of Hamas and Al Qaeda. Suhail Khan, a controversial figure with connections to Middle Eastern radicals, led the event which at times got heated. A few years ago Khan received an award from an Al Qaeda operative (Abdurahman Alamoudi) and the event was actually recorded in a video.Hmmmm......."Beware of Greeks baring gifts"?Read the full story here.
- 'Bio terror' threat man arrested in South Africa after threatening to attack Britain and U.S.A businessman was arrested in South Africa on terrorism charges yesterday after allegedly threatening to attack Britain and America with biological weapons.The arrest came after a six-month investigation by British, US and South African security services. The 64-year-old man, who is a South African citizen, is said to have repeatedly sent threatening emails to a Whitehall department in an attempt to extort £2.5 million.He is then understood to have sent similar threats to institutions in the US, at which point the FBI was called in.Yesterday morning several containers were left in a storage facility near the suspect’s home in South Africa’s North-West Province. They are thought to have held money and, when the man went to collect it, he was arrested by South African special forces.Read the full story here.
- Canadian strip-searched woman sues U.S. border guards.A woman from Stratford, Ont., has launched a $500,000 lawsuit in a U.S. federal court against two female U.S. border guards in Detroit.In March 2010, Loretta Van Beek was travelling to Savannah, Ga., where she owns a small vacation home, when she was pulled over by customs agents at the Ambassador Bridge, across the river from Windsor, Ont.Van Beek, 46, told CBC News she was sent to secondary inspection when customs officers found a few raspberries in her car that she'd forgotten to declare. After more than an hour of questions, Van Beek was told she was being denied entry on suspicion that she was living illegally in the U.S.Van Beek said she was marched into a holding cell by two female agents and ordered to remove her shirt and stand spread-eagled against the wall. "She was squeezing my nipples, etc., for a very long time, unnecessary attention," Van Beek said of one of the agents. "It was sexual — using her fingertips, not back of hand like you would expect."Then she said the search became even more invasive."She ran her hands in my lower region," Van Beek said.Van Beek claims the guard shoved her hand inside her genital area while the other officer watched."It was deviant behaviour by the officer, no other explanation," said Van Beek. They "Saw a woman on her own — vulnerable."A spokesperson said a strip-search is allowed when there is reason to believe someone is hiding something on his or her body, and the person has to be told the reason.Van Beek said she wasn't given a reason.The lawsuit documents were filed on Feb. 9, 2011.Hmmmm........A pat dawn to far"?read the full story here.
- Twitter runs abuzz with rumor that Turkish president watched pirated DVD.The Turkish president has become the subject of discussion on social media website Twitter after sending a tweet on the site saying he had watched a film not yet legally available in Turkey.“I watched ‘The King’s Speech’ with my wife. It is really a very good film … I suppose the film will be subject to many discussions and be awarded with many prizes,” President Abdullah Gül wrote Saturday on his Twitter account.The message touched off a number of discussions about whether the president had watched a pirated copy of the film.Suspicions were raised as the film’s DVD will only be available for sale on April 19 in the United States and will only begin playing in Turkish cinemas starting Feb. 18, daily Milliyet reported Sunday. Members of the social networking website discussed all of Saturday the possibility that Gül had watched a pirated copy of the film.Following the discussions, a message from the Cinema and Copyright’s general director, Abdurrahman Çelik, was posted on his Twitter account.“The president has not watched a pirate copy of the film ‘The King’s Speech,’ but rather a special copy provided by the cinema general directorate upon his request,” Çelik wrote on Twitter.Read the full story here.
- HT:BigGovernment.UN Report Documents Food Price Spike Since Fed Easing.Ben Bernanke, Chairman of the Federal Reserve, reputation is in shambles after spending last week aggressively denying a report by this author, in an article appearing in Andrew Breitbart’s Big Government Blog and featured on Rush Limbaugh’s radio show, that the Fed’s QE2 monetary stimulus program is the cause of revolts in poor countries worldwide. In a stunning development, the United Nations Agricultural and Food Organization at the end of the week released a crisis report warning of the growing dangers from starvation and political unrest from global food inflation.Chairman Bernanke tried to distract criticism from his dangerous policies that have inflated food costs by trying to shift blame to the leaders of other countries in the developing world. Bernanke urged leaders in emerging countries to stop subsidizing food costs. At a National Press Club meeting Bernanke said; “In some cases, some of the emerging markets are facing inflationary pressure because their own economies are growing faster than their own capacity.” He added: “It is up to emerging markets to find the right tools to balance their own growth,”In response to a reporter’s direct question about the civil unrest in the Middle East and the Fed’s role in the months-long surging commodities prices, Bernanke strongly denied Instead, Bernanke suggested surging prices of things like corn, soybeans, sugar and livestock to rising incomes in developing countries. He stated that higher incomes translate into strong growth in global demand for food, particularly an increased appetite for animal proteins such as beef, pork and chicken. “As people’s diets become more sophisticated, their demand for food and energy grows,” he said.A new United Nations report debunks Bernanke’s pathetic alibi. As demonstrated below, the index of food prices would be up a lot more than 35%, if inflation in meat and dairy costs were not so low as compared to the cost of cereal feed, which have sky-rocketed. Farmers are actually liquidating flocks and herds right now because they cannot afford the cost of grain to feed them.
Commodity Index Increase
Overall 35%, Meat 10%, Dairy 12%, Cooking Oil 42%, Cereal 52%, Sugar 70%
Poor people around the world eat little or no meat or dairy. The majority of their diet consists of rice, corn, flour, sugar and cooking oil. Those food costs are up 55% since the Fed’s stimulus.To the poor of the world, Fed Chairman Bernanke’s comments suggesting that they are eating too much meat, sound allot like the comments attributed to Queen Marie Antoinette’s during the French Revolution regarding her starving subjects: “If there is no bread, let them eat cake.” These insensitive comments by the Queen won her trip to the gallows. Chairman Bernanke’s actions and comments are winning America a place of wrath from the poor of the world.Hmmmm......."après nous, le Déluge"? (I don't care what happens when I am dead and gone.)Read the full story here.
- HT:CreepingSharia.Dedicated prayer rooms for Muslims at Canadian public schools.....and Catholic schools.WATERLOO REGION — Walk through the wooden door into the secluded, carpeted room with holy books and prayer mats, and it’s hard to believe you’re in a school.But this is the beginning of a new phase for public and Catholic schools where prayer rooms could become commonplace.Under a provincewide policy, school boards must be more inclusive and accommodate different faiths during the school day.This could mean a private place for Muslim students who pray five times a day and for students who are fasting, a modified gym class and a separate room for them so they don’t have to watch their peers eat lunch.Atieh Noori, a 27-year-old Muslim student at St. Louis Adult Learning and Continuing Education Centre in downtown Kitchener, uses the prayer room each day at lunchtime to say her midday prayers.After school, Noori doesn’t have time for prayer so she appreciates the space.A 27-year old student? Who clearly isn’t as dedicated to Islam as she’d like some to think. If you don’t have time it obviously ain’t that important. But rather than making a personal sacrifice, Muslims like Noori want everyone else to accommodate their Islamic habits.The newly adopted faith and accommodation policy states that each student has a right to follow his or her beliefs free from discrimination or harassment. Areas of reasonable accommodation include observance of major religious holy days and celebrations, prayers and rituals, dietary requirements and fasting, religious attire and participation in school curriculum and extracurricular activities.“Someone’s faith is part of who they are. Accommodating them brings understanding and shows we respect them,” said public school trustee Cindy Watson.Blazing Cat Fur highlights the severity of the problem in Canada noting the Canadian Human Rights Commission and the Muslim Brotherhood are both adherents of the right of ”Hisbah” under Sharia law:Hisbah: Allows a private citizen to prosecute any individual who commits an act he considers a breach of the Sharia even if the plaintiff himself has not been personally injured by such an act.Hmmmm...to the Catholic Schools i can only say :"And God spoke all these words, saying: 'I am the LORD your God… These are my Commandments ! ONE: 'You shall have no other gods before Me.'May they burn in Hell for eternity.Read the full story here.
- 'If not now, when?' Thousands of furious Italian women protesters demand the head of Berlusconi over 'underage sex' scandal.Hundreds of women took to the streets of Italy's cities today calling on scandal hit Premier Silvio Berlusconi to resign after prosecutors requested he be sent to trial for having sex with an underage prostitute.Protesters said evidence leaked from the probe into Berlusconi, 74, allegedly paying for sex with then 17-year-old Moroccan belly dancer Karima El Mahroug, showed he has little respect for female dignity.Wiretaps leaked from more than 600 pages of the prosecution file suggest he surrounded himself at parties at his home with starlets and other women hoping to use their looks to gain positions in politics or within his Mediaset TV empire.Protests were scheduled to take place in 200 cities and towns across Italy as well as London and New York, with the largest held in Rome and Milan and counter demonstrations by activists from Berlusconi's People of Freedom party area also planned. Organisers have called the protest 'If Not Now, When?', which is also the title of a famous novel by the Italian award winning writer Primo Levi and which tells the story a group of Jewish partisans behind German lines during World War II as they seek to continue their fight against the occupier and survive.Iaia Caputo, of the organising committee, said: 'The Ruby case has revealed a system of political selection based on an exchange of sex and power.'If we accept this as normal, we risk prejudicing the free choice of women.'We want to send a message to the country and to the parties that do not see themselves a part of what has happened over the last few weeks - it's possible to change route.'Read the full story here.
- Report: Stuxnet virus was supposed to infect 5 Iranian nuke sites.New York Times publishes Symantec report on Stuxnet virus, reveals that attack on Iran's nuclear system began a year earlier than previously thought.The Stuxnet software worm which infiltrated the Iranian nuclear program systems was introduced into the system in order to infect five industrial facilities in Iran between June 2009 and May 2010, the New York Times reported Sunday.A report published by computer security software firm 'Symantec' reveals that Stuxnet attacked the Iranian computers in three waves and that it was capable of gathering information on the location and type of computer it infected. This information would allow the Stuxnet creators to determine if they had successfully reached their intended target. According to the report, Symantec estimated that the nuclear facility at Natanz would not be connected directly to the internet, which is why an attempt was made to infect industrial organizations that would be likely to share information, and the malware, with Natanz – with the intent of 'injecting' the virus into Natanz. The New York Times also reported that at least three versions of the program were probably written, and the researchers discovered that the first version had been completed just 12 hours before the first successful infection in June 2009. The researchers speculated that the first step in the infection was either an infected e-mail sent to an intended victim or a hand-held USB device that carried the attack code. International inspectors that visited Natanz towards the end of 2009 found that almost 1,000 gas centrifuges had been taken offline; causing speculation over the possibility that an attack disabled part of the system. In April 2010, the attackers once again attempted to distribute the program, this through a portable connection with the target being components bought from Germany's Siemens. The virus was introduced from an unknown location within Iran. The malware program carried two different attack modules aimed at different centrifuge arrays, but that one of them had been disabled, said Symantec researchers. Read the full story here.
- HT:Sheikyermami.Canuckistan Submits!“It is naïve to think that all cultures are compatible with Canadian values”.For calling attention to demographic conquest, this candidate from Canada’s Christian Heritage Party acknowledges he will be branded a “racist.” But there is nothing “racist” about wanting to put the brakes on when we have no idea who we are bringing into our countries with regard to jihadist sympathies and Islamic supremacism — as with the recent embarrassment in the United States about supposed Iraqi refugees’ coming under scrutiny for al-Qaeda links.No matter how many awful surprises result, “moderation” is an article of politically correct faith, as Western countries allow in more Muslim immigrants or “students” than they can properly screen, in numbers where they cannot and have never really attempted to enforce substantive standards of integration. On both fronts, they are hampered by fears of “profiling” and “Islamophobia.” The result, as Australia’s former immigration minister warned, is a “nation of enclaves” which can mount a collective resistance to integration light years beyond the individual level. And they become protected habitats for jihadist preaching and violence, with attempts to investigate answered with cries of racism and xenophobia.SURREY - The federal Christian Heritage Party is calling for a national moratorium on immigration from Muslim countries to curb increasing radical Islamist power in Canada.Hmmmm......Canada was born at the beginning of 20Th Century at Vimy Ridge and lost by Political correctness in the 21 Th Century.Read the full story here.
- And now for something completely different.One of America's oldest eagles ever meets her match: electrocution by telegraph pole.It spent 25 years successfully avoiding aeroplanes, animal traps and all the other pitfalls of flying.But one of the top ten oldest birds ever recorded has sadly met an unfortunate fate – electrocution on a telegraph pole.The Kodiak Island bald eagle died in Alaska after hitting a utility pole’s crossbar last month.The mature wild bird’s discovery has provoked much interest among raptor biologists, after a band on its leg revealed it is the second-oldest bald eagle documented in Alaska.Biologists have no other way of confirming mature wild eagle ages other than on recovered bands.‘Based on the bird-banding record that I've seen, it would be one of the top ten oldest birds ever recorded,’ Kodiak Island wildlife biologist Robin Corcoran said.It was a beautiful older female,’ Mr Corcoran said. ‘The power pole near a cannery had been fitted with two devices designed to protect eagles but it perched on the lowest of three crossbars where utility authorities did not believe there was enough room to alight.’Alaska’s oldest recorded eagle was a 28-year-old from the Chilkat Valley outside Haines, although a dead eagle believed to be aged 29 was found late last year on Adak Island in the Aleutians.Experts say most eagles don't approach three decades.Read The full story here.
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Sunday, January 23, 2011
MFS - The Other News
Morning Posting.
- Obama's new battlefield? President defends abortion as a right... as lawmakers get set to roll those rights back.President Barack Obama has labelled abortion a 'right', setting the grounds for a new battle with lawmakers determined to roll those rights back. The President marked the 38th anniversary of the Supreme Court's landmark decision on abortion by calling the procedure a constitutional right he's committed to protecting.But he spoke against a rising tide of anti-abortion activists who sense the time is right for a new push to rein in the broad access to abortions established by the 1973 Roe v Wade decision. Buoyed by huge election gains for their allies, anti-abortion activists in America head into their annual March for Life rallies on Monday sensing a prime opportunity in many states.Foes of abortion gained strength in Congress, among state governors and in many state legislatures, raising hopes among social conservatives for a broad surge of anti-abortion bills.Mr Obama's comments today squared him off against them. He called on Americans to recommit themselves to ensuring that 'our daughters have the same rights, the same freedoms, and the same opportunities as our sons to fulfill their dreams'. The President said the 1973 Roe v Wade decision that legalised abortion affirmed what he called a 'fundamental principle: that government should not intrude on private family matters'.Many others disagree.'We are seeing a cultural shift toward protecting life and rolling back the tide of unrestricted abortions,' said Charmaine Yoest, president of Americans United for Life.Majority Republicans introduced two bills Thursday to toughen restrictions on taxpayer funding of abortions. One is aimed specifically at Obama's health care law; the other would establish a permanent, government-wide ban on federal subsidies for most abortions.In addition, Republican Mike Pence has introduced a bill that would ban federal family-planning grants to any organization that performs abortions. It is aimed at the Planned Parenthood Federation of America, a health care provider and advocate of reproductive rights.Last year that group, according to Mr Pence, received more than $363million in government grants and contracts while performing 324,008 abortions.Abortion-rights supporters are nonetheless dismayed by their foes' clout in the House, though these measures might fail to clear the Senate, and would likely face a presidential veto if they did advance.Hmmmmm.....Remember the "Dr Mengele" from Philadelphia?"Thou shalt not kill"Read the full story here.
- HT:TheEpochTimes.Chinese Pianist Plays Propaganda Tune at White House. US humiliated in eyes of Chinese by song used to inspire anti-Americanism.Lang Lang the pianist says he chose it. Chairman Hu Jintao recognized it as soon as he heard it. Patriotic Chinese Internet users were delighted as soon as they saw the videos online. Early morning TV viewers in China knew it would be played an hour or two beforehand. At the White House State dinner on Jan. 19, about six minutes into his set, Lang Lang began tapping out a famous anti-American propaganda melody from the Korean War: the theme song to the movie “Battle on Shangganling Mountain.” The film depicts a group of “People’s Volunteer Army” soldiers who are first hemmed in at Shanganling (or Triangle Hill) and then, when reinforcements arrive, take up their rifles and counterattack the U.S. military “jackals.”He then said, “I thought to play ‘My Motherland’ because I think playing the tune at the White House banquet can help us, as Chinese people, feel extremely proud of ourselves and express our feelings through the song. I think it’s especially good. Also, I like the tune in and of itself, every time I hear it I feel extremely moved.Another Chinese commenting on a forum responded to the Lang Lang performance by writing, “Defeat America, defeat Obama” (writing Obama’s name with the wrong first character, one meaning “sunken” or “dented.”)Others wrote comments like: “omg!”; “Didn’t they know?”; “Where was the U.S. foreign affairs?” and “Very good. My impression of Lang Lang has really changed"Hmmmm.....Message "Yu So Phukt"?Read the full story here.
- The Palestinian Islamic Army ,Al Qaeda-linked group attacked church in Egypt, authorities say.The Palestinian Islamic Army, which has links to al Qaeda, carried out the New Year's Day attack on a Christian church in Alexandria, Egypt, that left almost two dozen people dead, Interior Minister Habib al-Adly said Sunday.It was not immediately clear what evidence he had or whether anyone had been arrested.Egyptian authorities earlier this month released a sketch of a man they think is responsible for the attack."The man in the picture is unknown and authorities are trying to confirm his identity," Col. Alla Mahmoud of the Interior Ministry said at the time.The Interior Ministry used forensic technology to re-create the face of the suspected suicide bomber.
Hmmmm......No.....Really:..Those Palestinians that the Obama administration likes so much?Read the full story here.
- New Obama plan is 'part stimulus,' Durbin says.Senate Majority Whip Dick Durbin (D-Ill.) on Sunday called new proposed spending expected to be rolled out in President Obama's State of the Union address part of a stimulus."It's part of a stimulus. but we're sensitive to the deficit," Durbin said on "Fox News Sunday" when asked by host Chris Wallace about the president's expected plans to call for more spending for infrastructure, education, research in his State of the Union address Tuesday night to a joint session of Congress.Noting his support for the president's deficit commission recommendations, Durbin said Congress should be cautious about large spending cuts until the economy is showing sustained patterns of growth."They said be careful," he said citing the report. "Don't start the serious spending cuts, the deficit reduction, until were clearly out of the recession in 2013. We've got to make sure this economy is growing with more jobs, more business success."Durbin also noted that in addition to the initial $787 billion dollar stimulus already law, both parties joined to pass yet "another stimulus package" during the lame-duck session, when it approved the tax cut deal."That added to the deficit as well," Durbin noted.Hmmmm.....Makes you feel like cows staring at trains passing by ,never reaching their destination?Stimulus 1...2....3....Arrival Delayed untill further notice?Read the full story here.
- Obama to Push New Spending.President Barack Obama will call for new government spending on infrastructure, education and research in his State of the Union address Tuesday, sharpening his response to Republicans in Congress who are demanding deep budget cuts, people familiar with the speech said.Mr. Obama will argue that the U.S., even while trying to reduce its budget deficit, must make targeted investments to foster job growth and boost U.S. competitiveness in the world economy. The new spending could include initiatives aimed at building the renewable-energy sector—which received billions of dollars in stimulus funding—and rebuilding roads to improve transportation, people familiar with the matter said. Money to restructure the No Child Left Behind law's testing mandates and institute more competitive grants also could be included.While proposing new spending, Mr. Obama also will lay out significant budget cuts elsewhere, people familiar with the plans say, though they will likely fall short of what Republican lawmakers have requested.In arguing that U.S. competitiveness is at stake, Mr. Obama plans to use his nationally televised speech to try to frame the spending debate with Republicans that is expected to dominate Congress in the coming months. "We seek to do everything we can to spur hiring and ensure our nation can compete with anybody on the planet," Mr. Obama said Friday after touring a General Electric Co. plant in Schenectady, N.Y. He cited clean-energy manufacturing, infrastructure and education as keys to competitiveness.
Hmmmmm....."Death of a Nation" the Obama story,soon in your local library in the history section?Read the full story here.
- Oil price to average $70-90 per barrel.$90 per barrel could prove too expensive for global recovery.Although crude oil prices have been hovering around $100 per barrel over the last few weeks, prices this year will average at only $70-$90 per barrel, energy analysts and economists, said.This means while the GCC is slated to see higher oil revenues, oil windfall is not expected to hit dramatic or double-digit levels compared to what it experienced during the boom times.“Despite recent upticks in oil price, world prices are projected to remain between $70 to $90 per barrel in the medium term, with Opec producers stepping up sales from their ample spare capacity to meet any additional demand not supplied by non-Opec producers,” World Bank said.Opec is not expected to allow prices to rise beyond this point for fear of inducing additional non-Opec supply or demand substitution, it said.Globally, there are no medium to longer run supply constraints (2020); and a long- term upper-range of $80 per barrel is consistent with the end-cost of developing additional oil capacity, notably from oil sands in Canada.According to the Centre for Global Energy Studies, $90 per barrel oil could prove too expensive for the global economy at this stage of the recovery, especially given the fragile nature of many governments’ balance sheets.EIA also forecasts average oil price would not exceed $100 this year. Instead, it expects the price of West Texas Intermediate (WTI) crude oil to average about $93 per barrel in 2011, $14 higher than the average price last year. For 2012, EIA expects WTI prices to continue to rise, with a forecast average price of $99 per barrel in the fourth quarter 2012.In 2010, the Opec basket averaged $77.45 per barrel up 26.8 per cent from the previous year. The Basket moved higher in January to reach $94.04 on 14 January.Read the full story here.
- Israeli inquiry: Flotilla raid was legal.Turkel Commission says deadly May 31 commando takeover of Turkish 'aid' vessel was 'legal pursuant to rules of international law,' soldiers opened fire in self-defense. On blockade: Israel not trying to starve Gazans. The nearly 300-page report released Sunday by the government-appointed Turkel Commission said the actions of the soldiers "were found to be legal pursuant to the rules of international law" and that they opened fire in self-defense. . The commission cleared the soldiers of any use of unnecessary violence, stating: "It is possible to determine that the IDF soldiers acted professionally and with great presence of mind in light of the extreme violence which they hadn't expected."This professionalism was evident in the fact that they continued to exchange their lethal weapons for the less lethal option and visa versa in order to give a response that was appropriate to the nature of the violence directed at them." According to the commission, the soldiers were the violence caught the soldiers by surprise when they boarded the Marmara. "The decision-makers didn't have any prior knowledge of the violent reception planned by the IHH members and their inability to identify the intentions of the IHH directly affected the planning and execution of the operation."The commission members found that incomplete intelligence gathering wasn't the only reason for the lack of preparation: "The possibility that an organized group, armed with lethal weapons was on board the Marmara and set to take active measures against attempts to board the ship wasn't taken into account."The IDF received a great deal of praise from the Turkel committee for placing senior officers on the scene – including the navy commander. "This increased the chain of command's awareness of the developments as they happened, which helped them reach decisions efficiently, at the right time as the incident developed."On the decision to use force, the committee members noted that: "The IHH members acted with violence towards the IDF soldiers on the Marmara by arming themselves with various types of weapons, including iron rods, knives, axes, clubs and metal objects."The weapons were capable of killing and severely injuring. In addition, the violent events were evident in the way the IHH organized the joint attack on the IDF soldiers. The IHH members used firearms against the soldiers during the incident."Hmmmm....The IHH organised the joint attack.Read the full story here.
- Erdogan dismisses Turkel report.Turkey 'appalled, dismayed' by flotilla probe while MK Zoabi furious over neglect to summon her.Turkish Prime Minister Recep Tayyip Erdogan MK slammed the results of the Turkel committee probe into the events of the May 31 IDF flotilla raid, saying it had "no value or credibility." MK Zoabi accused the Turkel committee of trying to whitewash the deaths of the nine Turkish activists who were killed during the raid, and said the committee had been used as "an open stage for propaganda" as it allowed military and state officials to speak uninterrupted and without objection. "This is an Israeli committee with very limited authority, which has totally ignored the sensitive issue that raised the need for an investigation, and that is the deaths of nine activists on board," she said."This report cannot clean up Israel's image as a serial violator of international law in the global arena," Zoabi added. "The Turkel report was written in order to undermine demands by Turkey and the UN for an international probe… the only way in which facts can be presented faithfully and honestly."Hmmmm......The reaction of
IranTurkey was to be expected anything different would have been world shocking news!Read the full story here.
- Domestic use of aerial drones by law enforcement likely to prompt privacy debate.AUSTIN - The suspect's house, just west of this city, sat on a hilltop at the end of a steep, exposed driveway. Agents with the Texas Department of Public Safety believed the man inside had a large stash of drugs and a cache of weapons, including high-caliber rifles.As dawn broke, a SWAT team waiting to execute a search warrant wanted a last-minute aerial sweep of the property, in part to check for unseen dangers. But there was a problem: The department's aircraft section feared that if it put up a helicopter, the suspect might try to shoot it down. So the Texas agents did what no state or local law enforcement agency had done before in a high-risk operation: They launched a drone. A bird-size device called a Wasp floated hundreds of feet into the sky and instantly beamed live video to agents on the ground. The SWAT team stormed the house and arrested the suspect. "The nice thing is it's covert," said Bill C. Nabors Jr., chief pilot with the Texas DPS, who in a recent interview described the 2009 operation for the first time publicly. "You don't hear it, and unless you know what you're looking for, you can't see it." For now, the use of drones for high-risk operations is exceedingly rare. The Federal Aviation Administration - which controls the national airspace - requires the few police departments with drones to seek emergency authorization if they want to deploy one in an actual operation. Because of concerns about safety, it only occasionally grants permission. But by 2013, the FAA expects to have formulated new rules that would allow police across the country to routinely fly lightweight, unarmed drones up to 400 feet above the ground - high enough for them to be largely invisible eyes in the sky. Such technology could allow police to record the activities of the public below with high-resolution, infrared and thermal-imaging cameras.Hmmmm.....Did i not have this story earlier in the week"The T-Hawk drone Coming to a City Near You?"Read the full story here.
- HT:TheWeeklyStandard.The Decline of the Justice Department. Former attorney general Michael Mukasey is not prone to hyperbole. He’s a former federal judge, a meticulous lawyer, and, as he proved in succeeding Alberto Gonzales, a skilled administrator who restored morale to a Justice Department demoralized by scandals (real or concocted). He is also obviously nonplussed by the performance of his successor, Attorney General Eric Holder. In a far-ranging interview, he candidly asserts that Holder’s conduct in several key respects has been “amazing.” That’s not meant as a compliment.Mukasey, who presided over the trial of the 1993 World Trade Center bombers, is as experienced as any American jurist when it comes to the war on terror. It is therefore significant that he finds Holder’s handling of national security matters worrisome. In August 2009, Holder authorized the reinvestigation of CIA operatives who had employed enhanced interrogation techniques on terrorist detainees. It had the feel of a witch hunt: Career prosecutors who investigated the interrogators under the previous administration had concluded there was no basis for a criminal prosecution. A year and a half later, the Holder reinvestigation is still dragging on. “I have to believe that the effect on people involved in national security is devastating,” says Mukasey, “in part because the cases were closed before.” Imagine the impact on a CIA operative who is told, “ ‘There is no basis for prosecution.’ And then someone shows up and says, ‘Not so fast.’ ”Mukasey, moreover, finds it “amazing” that Holder “conceded he didn’t read the [career] prosecutors’ memo” that recommended against prosecution. He remarks ruefully that “in a sense that is comforting” to CIA employees that there was not something troubling in the memo. But, of course, it is small consolation that the nation’s chief law enforcement officer doesn’t bother to read relevant documents before making a decision with long-term policy implications.It is ironic, in retrospect, that the Obama administration two years ago entered office vowing to respect the work of career attorneys at the DOJ, to avoid politicization, and to oversee the impartial administration of justice. The closest we have come to the impartial administration of justice in recent years was under Mukasey’s tenure, when he eliminated White House meddling and allowed career attorneys to perform their jobs. No wonder he is dismayed with his successor’s performance.Hmmmm.....One Obamination after another?Read the full story here.
- HT:BigPeace.Exploring Anti Israel Rhetoric, Radical Islamic Propaganda and Anti Semitism.Anti Semitism is on the rise fueled by growing anti Israel rhetoric. Just a few weeks ago, a former European Commissioner and a prominent Dutch politician, Frits Bolkestein, called on orthodox Jews to leave Holland because of “the anti-Semitism among Dutchmen of Moroccan descent, whose numbers keep growing”. Reading this statement propelled me to learn more about the state of Anti Semitism in Europe and its connection to the efforts to de legitimize Israel’s right to exist. I asked Professor Dina Porat, the founder and former head of the institute for the study of contemporary Anti Semitism and Racism in Tel Aviv University, for an interview to explore the connection between Anti Israel rhetoric, Radical Islamic propaganda and anti Semitism.Giyus.org: What is the current state of Anti Semitism in the world?Read the full story here.
- Tunisian students to form Hezbollah.A Tunisian group, consisted of young students, says it intends to form a Hezbollah-style political party to defend the rights of the people against any possible repression. The announcement comes days after a historic revolution ousted the country's former president Zine El Abidine Ben Ali. Jamil Ben Alavi, a prominent student leader, says he was optimistic about the promotion of the Islamic values among the youth in the predominantly Muslim country. "The progressive example of Hezbollah in Lebanon can bring light and hope for the Tunisian people," Fars News Agency quoted Ben Alavi as saying. The comments come as thousands of Tunisians have publicly organized congregational prayers over the past days. Meanwhile, some Tunisian TV channels have resumed broadcasting the call for prayer. Ben Ali had pursued a strict anti-Islamic agenda during his rule over the North African country. "He (Ben Ali) was against broadcasting Adhan, holding Friday prayers in mosques during his rule," the Arabic language Al-Mofakirat Al-Islam website said in a report about religious freedom. In an attempt to imitate Western countries, Ben Ali imposed strict laws against the Islamic dress code. A vast majority of the country's population is Muslims and committed to Islamic values.Hmmmmm.....And another little Iran sees the daylight?What's next Turkey to show up to "mediate"?Read the full story here.
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- HT:TheDailyCaller.ACORN’s man takes over the Democratic Party’s war machine.A longtime ACORN operative is about to take over the reins of the Democratic National Committee as its executive director – just in time to begin initial preparations for President Obama’s 2012 reelection campaign.The activist in question is Patrick Gaspard. He currently holds the title of White House political affairs director, the same title Karl Rove held in President Bush’s administration.Gaspard comes from the same world of radical left-wing community organizing that shaped Barack Obama. Gaspard is well schooled in the brutal, street-smart organizing tactics taught by the late Saul Alinsky, author of Rules for Radicals. He’s the hatchet man Obama sent to New York over a year ago to strong-arm then-Gov. David Paterson into dropping his reelection campaign. As executive director running the DNC’s day-to-day operations Gaspard will oversee Organizing for America, a project of the DNC supposedly modeled on Alinskyite organizing principles. (Former Virginia Gov. Tim Kaine will remain as general chairman of the DNC.)Born in the Democratic Republic of Congo to Haitian parents, very little is known about this Rasputin-like power behind the throne. Gaspard shuns publicity and is extremely reluctant to speak to the media on the record. Look him up on Nexis and you will find virtually nothing about this otherwise influential counselor to the leader of the free world.Gaspard came to the White House from ACORN’s favorite labor organization, Service Employees International Union. (SEIU Locals 100 and 880 were until recently official affiliates of ACORN.) He had been executive vice president for political and legislative affairs for SEIU Local 1199 United Healthcare Workers East, which claims to be the largest union local on the planet “representing more than 300,000 members and retirees in New York, Maryland, the District of Columbia and Massachusetts.”Gaspard was previously revealed to be political director for ACORN’s New York branch. Although the source of this information, ACORN founder Wade Rathke, has since feigned senility and claimed he was mistaken, other evidence points to Gaspard’s involvement with the nation’s most notorious activist group.In 2004, Gaspard was the National Field Director for America Coming Together.The group was primarily funded by Peter Lewis, George Soros, and labor unions, especially the Service Employees International Union, and was led by Steve Rosenthal, a former political director of the AFL-CIO.In the fall of 2004, ACT was featured in the Frontline Documentary, The Persuaders, which described ACT's use of narrowcasting.In the last three weeks before the 2004 presidential and congressional elections, ACT planned on funding over 12 million phone calls to targeted voters and having canvassers hand-deliver 11 million pieces of literature at targeted doorsteps. On Election Day, ACT had projected to have 45,000 paid canvassers in the battleground states and spent over $10 million on Election Day. It had 86 offices open every day, a staff of 4000 and a goal of reinforcing the army of 45,000 paid canvassers with 25,000 volunteers.The Federal Election Commission announced on August 29, 2007, that it had reached a settlement agreement with ACT for violations of various federal campaign finance laws during the 2004 US presidential campaign. ACT has agreed to pay $775,000 in fines. Hmmmm.....Unions....Acorn.....Chicago...Soros.Anyone still believing in fair elections in 2012?.....Any which way you can? Read the full story here.
- 30 days in a Dubai police cell, sharing a mattress with her Brazilian love rival.A British woman locked up in Dubai after being caught in bed with a banker was released last night – after spending 30 days sharing a filthy mattress in a cell with her Brazilian love rival.Amazingly, during their incarceration in a basement holding pen at a police station, Danielle Spencer and model Priscila Ferreira became firm friends.Ms Spencer, 31, had been spending the night with Toby Carroll when his girlfriend Ms Ferreira burst in and threatened them at knifepoint.Mr Carroll called police and all three were arrested – Ms Ferreira, 24, for criminal damage and Ms Spencer and Mr Carroll on suspicion of having sex outside of marriage, a crime in the Arab country.Ms Spencer said last night: ‘This is the best feeling, I am so happy to be out at last. I just want a big drink, a soak in a bath and a sleep in a proper bed. That will feel bliss.’She and Ms Ferreira spent a month sharing a bed in a cell with 70 other inmates in the notorious Bur Dubai police station. Ms Ferreira was still in jail last night because she could not find anyone to provide a passport for her surety. It was anticipated the model, who turns 25 today, will be released imminently.Last night, in an exclusive interview with The Mail on Sunday, former pole-dancer Ms Spencer, from Hull, told how she and Ms Ferreira forged their unlikely friendship.She said: ‘We just had to become friends because it was such a terrible experience. All we had was each other for comfort and at night we would huddle together on our mattress, scared out of our lives. We were in a stinking room with murderers. I got to know Priscila well and like her. There are no hard feelings. I have forgiven her for what she did.‘We have both laughed at the irony of it – I locked myself in the bathroom to get away from her when she went crazy with the knife and now I realise that she is the safest person to be with here in prison.’ The Mail on Sunday had been with Ms Spencer as she negotiated her release. She said: ‘The authorities needed two passports – mine and one from someone resident in Dubai. We were frantically ringing around trying to find someone.’Earlier, while at Bur Dubai, she said: ‘It has been a nightmare. I did not even have sex with that guy. The conditions are terrible, so cramped, and they put tranquillisers in the food. I spend all day sitting on the floor, in the dark, underground. It’s so disgusting. ‘We can only have a bath once a week. There are insects everywhere. There are women in here with babies, poor little things. There are no windows, no fresh air. Some women here were arrested for trying to commit suicide.’Mr Carroll was bailed last Thursday. He and Ms Spencer may be charged with having sex outside marriage, which can carry a jail term. No charges have been filed against any of the three.Police inquiries are continuing and it is expected that the three will be called before a prosecutor in the next few weeks.Hmmm......Lets see how the "Love Story" ends?Read the full story here.
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