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Gold
nears record-high on Pakistani turmoil uk.reuters.com 12/31/7 ["Gold
has risen more than 30 percent this year -- the biggest annual gain since
1979 -- as a number of factors, including a weak U.S. dollar, record-high
crude prices, credit market turmoil and falling U.S. rates, boosted its
safe-haven appeal."]
Gas
could be $3.75 a gallon by spring sun-sentinel.com 12/31/7 ["Several
factors point toward a nightmarish spring for motorists, they said,
including persistently strong crude oil costs and the fact that the
traditional December drop in pump prices didn't materialize."]
Not
Your Father's Deflation kitco.com 12/31/7 ["However there are
several key differences between then and now, which argue against the
classic deflationary scenario. In particular, the Fed's ability to pump
liquidity into the market in the 1930's was limited by the gold backing
requirements on U.S. currency. No such limitations exist today. This
distinction is critical. "]
A
degree of insignificance worldnetdaily.com 12/30/7 ["While the price
of a college education has skyrocketed far faster than inflation, many
careers for which colleges prepare their graduates are disappearing. U.S.
News' Best Careers guide concludes, "college grads might want to consider
blue-collar careers" because bachelor's degree holders "are having trouble
finding jobs that require college-graduate skills.""]
How
Sodomy Was Sold To America newswithviews.com 12/30/7 [By Nicholas
Jackson "In 1988, 74.9% of the American Public thought that sex between
two people of the same gender was always wrong. By 1998, the percentage
had fallen to 54.6% (National Opinion research Center, The University of
Chicago.)"]
UK:
New super-cameras mean no hiding for drivers who smoke, eat or use a phone
dailymail.co.uk 12/30/7 [""]
Countrywide
bank customers fret over deposits reuters.com 12/29/7 ["Countrywide
Bank issued a statement on Friday that liquidity issues affecting its
parent did not affect federally insured deposits at Countrywide Bank.
...On Thursday, Countrywide, the largest U.S. mortgage lender, said it
drew down an entire $11.5 billion bank credit line as a credit shortage
limited access to short-term cash."]
Euro
crosses 1.47 dollars after weak US housing data afp.google.com 12/29/7 ["US
government data released Friday showed a nine-percent fall in sales of new
homes in the US during November as a result of a lack of mortgage
availability and consumer pessimism. It was the slowest sales rate
in more than 12 years and sharply exceeded market forecasts."]
N.J.
Orders HIV Testing For Pregnant Women washingtonpost.com 12/29/7 ["New
Jersey this week launched one of the most ambitious efforts in the country
to control mother-to-child transmission of HIV, making screening tests
mandatory for all pregnant women in the state beginning next year."]
More
than 30 dead in Bhutto protests in Pakistan reuters.com 12/29/7 ["In
the city of Hyderabad, police and witnesses said protesters had set fire
to about 25 banks, to 100 vehicles and to foreign fast-food outlets,
despite orders to the police and paramilitary forces to shoot violent
protesters on sight. Several train coaches were also torched."]
IMF
says dollar losing ground in global forex reserves afp.google.com 12/29/7 ["The
dollar's share of forex reserves was 63.8 percent in the third quarter,
compared with 65.0 percent in the second quarter and 66.5 percent in the
2006 July-September period, the IMF said on its website. By
contrast, the 13-nation eurozone currency made up 26.4 percent of global
forex reserves in the third quarter, compared with 25.5 percent in the
second quarter and 24.4 percent a year ago."]
Assassinated
Pakistan Leader Benazir Bhutto Was Strong Abortion Opponent
lifenews.com 12/28/7 ["When Bhutto was the prime minister of
Pakistan, she helped lead a delegation to the 1994 Cairo population
conference that confronted abortion advocates looking to make abortion an
international right. "I dream ...of a world where we can commit our
social resources to the development of human life and not to its
destruction," she told the United Nations panel at the time."]
Benazir
Bhutto's Assassination Sparks Deadly Riots in Pakistan voanews.com 12/28/7 ["At
least nine people have died in rioting throughout the nation. The
Pakistani army was put on red alert as enraged protesters set fire to
vehicles and attacked shops in Karachi, Lahore and elsewhere. "]
Airport
profilers: They're watching your expressions seattlepi.nwsource.com 12/28/7 ["Travelers
at Sea-Tac and dozens of other major airports across America are being
scrutinized by teams of TSA behavior-detection officers specially trained
to discern the subtlest suspicious behaviors. TSA officials will not
reveal specific behaviors identified by the program -- called SPOT
(Screening Passengers by Observation Technique) -- that are considered
indicators of possible terrorist intent."]
Massachusetts:
Mental screening for young to begin boston.com 12/28/7 ["As of
Monday, annual checkups for the nearly half a million Massachusetts
children on Medicaid will carry a new requirement: Doctors must offer
simple questionnaires to detect warning signs of possible mental health
problems, from autism in toddlers to depression in teens."]
Citi,
Merrill, JPMorgan face larger writeoffs: Goldman reuters.com 12/28/7 ["
He now expects Citigroup, Merrill and JPMorgan to write off a respective
$18.7 billion, $11.5 billion and $3.4 billion for collateralized debt
obligations this quarter, up from a respective $11 billion, $6 billion and
$1.7 billion. Tanona also said Citigroup may in 2008 cut its
quarterly dividend of 54 cents a share, equal to a 7.1 percent yield, to
help raise or preserve $5 billion to $10 billion of capital."]
Blame
abounds for housing bust washingtontimes.com 12/28/7 ["Now the
country faces a vicious cycle: As house prices fall, homeowners lose
equity in their homes, which makes it more difficult or impossible for
them to sell or refinance. Many are not able to refinance their
adjustable-rate loans when the starter interest rates expire and reset to
reflect higher market rates, and so they are faced with sharply higher
mortgage payments they cannot afford to pay. The dilemma has sent
defaults and foreclosures to historic levels..."]
Gold
jumps after Bhutto death, platinum hits record reuters.com 12/28/7 ["Gold
has gained more than 30 percent this year."]
Crisis
may make 1929 look a 'walk in the park' telegraph.co.uk 12/28/7 ["Twenty
billion dollars here, $20bn there, and a lush half-trillion from the
European Central Bank at give-away rates for Christmas. Buckets of
liquidity are being splashed over the North Atlantic banking system, so
far with meagre or fleeting effects. ...the underlying fear that
lots of firms are going bankrupt. The banks and the hedge funds have not
fully acknowledged who is in trouble. That is the critical issue..."]
The
Mystical Science Of The Golden Compass newswithviews.com 12/28/7 [ By
Berit Kjos "Lyra seeks guidance through her treasured "truth
measure," she invokes swirling masses of shimmering Dust that communicate
the "true" answers needed for the battles ahead. Naturally, those
answers affirm the occult worldview that author Philip Pullman promotes.
And unlike most of the mystical thrills that children learn to crave these
days, this complex tale incorporates an enticing form of pseudo-science
that is already being reinforced through public education from elementary
through graduate school. But why worry? Everyone knows it's just
fantasy, don't they? It doesn't matter. While they may know the
difference between fact and fantasy, they are likely to respond to the
message with feelings rather than intellect."]
US
institute: Israel could survive nuclear war jpost.com 12/28/7 ["Another
scenario presented by the report includes Syria joining the bandwagon in
case of a war and lobbing missiles with chemical and biological warheads
into Israeli cities. According to the report, up to 800,000 Israelis would
be killed if that were to happen. Syria, however, would be forced to
grapple with the deaths of approximately 18 million of its citizens were
Israel to respond with its nuclear arsenal."]
Israeli
UAVs bound for Turkey jpost.com 12/28/7 ["Israeli defense
contractors plan to deliver to Turkey within weeks 10 unmanned aircraft..."]
F-15
grounding strains U.S. air defenses seattlepi.nwsource.com 12/28/7 ["The
grounding of hundreds of F-15s because of dangerous structural defects is
straining the nation's air defense network, forcing some states to rely on
their neighbors' fighter jets for protection, and Alaska to depend on the
Canadian military."]
Russia
launches final satellites for its own GPS reuters.com 12/28/7 ["The
military-run GLONASS mapping system works over most of Russia and is
expected to cover the globe by the end of 2009, once all its 24
navigational satellites are operating."]
Debt
crisis spreads to plastic ajc.com 12/24/7 ["Americans are falling
behind on their credit card payments at an alarming rate, sending
delinquencies and defaults surging by double-digit percentages in the last
year and prompting warnings of worse to come. ...Serious
delinquencies also are up sharply: Some of the nation's biggest lenders —
including Advanta, GE Money Bank and HSBC — reported increases of 50
percent or more in the value of accounts that were at least 90 days
delinquent when compared with the same period a year ago."]
Chrysler
CEO: We're 'operationally' bankrupt cnn.com 12/24/7 ["Automaker
scrambling to sell assets just months after private equity buyout as
credit crunch deepens - report"]
Classroom
Management newswithviews.com 12/24/7 [ By R.C. Murray "Brainwashing
is a multi-step process. Kids want to be accepted by their peers, so they
tend to conform to the social pressures of their group."]
Researchers
get embryonic stem cells from skin reuters.com 12/24/7 [" It was
by studying embryonic stem cells that researchers learned which genes are
needed to make ordinary cells act in the same way. Daley's lab used four
genes and discovered that two were essential for turning back the clock
and making the skin cells act like embryo cells, and two others helped
them grow efficiently. His team also converted fetal and embryonic
cells into various cell types, and found these were far easier to work
with."]
Georgia:
Drought may get worse in 2008 times-herald.com 12/24/7 ["If
Georgia doesn't receive 'adequate" rainfall over the next three to four
months, "drought conditions in summer and fall next year will likely be
worse than those in 2007," he said."]
FBI's
Hoover planned mass U.S. jailings: report reuters.com 12/23/7 ["Hoover
wanted President Harry Truman to proclaim the mass arrests necessary to
"protect the country against treason, espionage and sabotage" and sent the
plan to the White House 12 days after the start of the Korean War, the
Times reported, citing a newly declassified document."]
The
US Dollar: The Long Farewell? sltrib.com 12/23/7 ["At the beginning of
2003, one euro bought one US dollar. Eighteen months ago, it bought $1.20.
Now it is pushing $1.50, and there is no reason to think that it will stop
there. Three of the world's biggest oil exporters, Iran, Venezuela and
Russia, are demanding payment in euros rather than U.S. dollars. Last week
a Chinese central bank vice-director, Xu Jian, gave voice to the suspicion
of many others, saying that the U.S. dollar was "losing its status as the
world currency.""]
ECB
drains more cash to steady short-term rates afp.google.com 12/22/7 ["Overall,
the amounts withdrawn over the three days were substantially more than a
huge injection made Tuesday, part of a double-pronged ECB approach to ease
year-end liquidity strains while clamping down on above-target inflation."]
Annual
Purchase Limit For Savings Bonds Set at $5,000 treasurydirect.gov 12/22/7 ["Under
the new rules, an individual can buy a maximum of $5,000 worth of
electronic and paper bonds of each series in a single calendar year, or a
total of $20,000, in single ownership form."]
Fact
Sheet: Foreign Direct Investment In U.S. allbusiness.com 12/22/7 ["European
firms account for 70% of direct investment in the U.S. The UK is the
largest single foreign investor in the U.S., with some $252 billion
invested (16% of the total stock of foreign direct investment in the U.S.)"]
Tent
city in suburbs is cost of U.S. home crisis guardian.co.uk 12/22/7 ["
Nationally, foreclosures are at an all-time high. Filings are up nearly
100 percent from a year ago, according to the data firm RealtyTrac.
Officials say that as many as half a million people could lose their homes
as adjustable mortgage rates rise over the next two years.
California ranks second in the nation for foreclosure filings -- one per
88 households last quarter."]
Food
prices soar in America cnn.com 12/22/7 ["Everyday foods like
fruits and vegetables, beef, poultry and cereals are on the rise. The
price of milk is the biggest culprit, with a staggering increase of 23.2
percent through November. And with basic foods like dairy and wheat
driving up the cost of other groceries, almost everyone is feeling the
squeeze." Editor: I highly recommend that instead of
building up a large savings account of fiat money, build up a personal
food bank - a well-stocked pantry.]
Europe
celebrates tearing down borders theaustralian.news.com.au 12/22/7 ["Nine
mainly ex-eastern bloc countries have torn down their borders to join a
European zone allowing 400 million people to travel from the Arctic Circle
in Norway to Portugal without showing a passport."]
FBI
aims for world's largest biometrics database uk.reuters.com 12/22/7 ["The
FBI has already started compiling digital images of faces, fingerprints
and palm patterns in its systems, the paper said."]
US
Congress approves tighter gun control law afp.google.com 12/22/7 ["The
legislation approved Wednesday by the Senate provides government funds to
improve the National Instant Criminal Background Check System (NICS), the
main way gun purchases are monitored in America. It also allocates
funds for gun owners and potential gun owners who are prevented from
owning weapons due to mental illness so that they may challenge the ruling
in court."]
Bargain
houses largely unsold modbee.com 12/22/7 ["Every weekday,
starting about noon, auctioneers seek buyers for foreclosed properties of
all shapes and sizes. But more times than not, no one bids. That's
because foreclosed homes typically have unpaid mortgage debt far in excess
of their current value. When no bidder is willing to pay off that debt,
lenders usually get stuck owning the homes."]
Morgan
Stanley posts first quarterly loss, and welcomes Chinese investor
iht.com 12/20/7 ["...said it would sell a $5 billion stake to China
Investment Corp., a sovereign wealth fund, to shore up its capital.
The sale, which would give the Chinese government a stake of about 9.9
percent in one of Wall Street's biggest investment banks, is the latest
example of a foreign investor aiding a Western financial firm after the
housing meltdown."]
American
banks rush to take up Fed's offer of emergency funds guardian.co.uk 12/20/7 ["to
get their hands on $20bn (£10bn) of short-term liquidity provided by the
Federal Reserve in the first fusillade to defend the stability of the
global financial system. The Fed announced yesterday that its
auction of loans, which began on Monday, was more than three times
over-subscribed. It received 93 bids for a total of $61.5bn and the money
will be supplied at 4.65% - below the usual discount rate of 4.75%."]
"Shoddy
Research" in Study Claiming all Types of "Sex Ed" Delayed Teen Intercourse
lifesite.net 12/20/7 ["A new American study has implied that any or
all types of "sex education" significantly delays the start of sexual
activity in teens. But what some news media is downplaying is that the
research made no distinction between abstinence education and more
mainstream "comprehensive" sex education based on contraception. In
the study, students were understood to have received sex education if they
had either or both types of instruction. "]
Betrayal
Of Christ By Christian Leaders Continues newswithviews.com 12/20/7 [By
Paul Proctor "Why is this double-minded man still pastoring a
Southern Baptist church? What does he have to do to get fired? And why do
SBC pastors continue to teach and promote his books, his programs, his
sermons and his P.E.A.C.E. Plan when apparently being Purpose Driven
doesn't even require faith in Christ? If anyone can be Purpose
Driven, then who needs Jesus? Why not just be Purpose Driven and leave it
at that - no Christianity - no Christ - no Holy Spirit - no New Testament
- just Purpose Driven? "]
NYSE
Delists Bond Insurer ACA Capital tradingmarkets.com 12/20/7 [""ACA
Capital does not believe that it can take steps which will permit it to
satisfy the financial continued listing criteria of the NYSE within the
18-month cure period provided for under the NYSE rules and regulations,"
...ACA's underwriting of collateralized debt obligations."]
Using
the sun to sterilise water news.bbc.co.uk 12/20/7 ["Solar
radiation means a combination of ultra-violet rays and heat destroys the
bacteria which cause common water-borne diseases like cholera, typhoid,
dysentery and diarrhoea. After eight hours in the sun, it is ready
to drink. "]
ECB
pumps record €348 billion into money markets iht.com 12/19/7 ["The
European Central Bank pumped a record €348 billion into the financial
system Tuesday, dramatically easing the tight conditions in credit markets
that have been grappling with a global lending crunch linked to the U.S.
housing crisis, on top of traditional year-end demands for ready cash."]
U.S.
meets nuclear stockpile reduction goal early reuters.com 12/19/7 ["has
dismantled its nuclear weapons stockpile faster than anticipated and will
meet President George W. Bush's goal of reducing the arsenal by half at
the end of this year -- five years early, U.S. officials said on Tuesday.
Bush in 2004 announced a goal of halving the U.S. nuclear stockpile by
2012, which will now be met by year's end"]
Slowing
U.S. economy inflicts pain around the world usatoday.com 12/19/7 ["The
current crisis represents the first major test of the system of financial
globalization that developed since the 1989 fall of the Berlin Wall. It's
easy to lose sight of the dramatic changes that have remade global finance
in less than two decades. Today, more capital flows around the world than
at any time in the past century. Since 1973, cross-border capital flows
have grown from 5% of the global economy to 21%, according to Frederic
Mishkin, a Federal Reserve governor and author of The Next Great
Globalization. Today's financial links between nations are "like a
spider web," says Sohn. "We are no longer alone. I don't think we can
control our own destiny, whether in Korea, the U.S., Japan, wherever," he
says."]
$45
Trillion Gap Seen in US Benefits ap.google.com 12/19/7 ["That is the
gap between the promises the government has made in benefits and the
projected revenue stream for these programs over the next 75 years, the
Bush administration estimated Monday."]
Log
in, enter password, read a textbook usatoday.com 12/19/7 ["The digital
textbooks piloted in California were limited to social studies and
history, but now Pearson is developing textbooks for a math curriculum in
Texas schools. Language arts, history and science books are all in the
works for schools across the country."]
Putin
declares he will be Russia's prime minister news.independent.co.uk
12/19/7 ["has confirmed that he intends to become prime minister after he
steps down as President next spring."]
Aurora,
Illinois' Extension of Abortion Center's Occupancy Permit Questioned
lifenews.com 12/19/7 ["...extending the permit while an appeal of the
zoning process continues is improper."]
Billions
lost in credit crunch news.com.au 12/18/7 ["The global credit
crunch broke out of the banking sector yesterday for the first time,
sending Australia's second-biggest shopping centre owner into crisis and
wiping more than $50 billion off the stock market."]
Wheat
hits record as global demand depletes supply usatoday.com 12/18/7 ["The
Agriculture Department recently forecast that U.S. wheat stocks this year
would fall to a six-decade low. World grain stocks are the tightest in
three decades. Consumers have felt the price run-up. Retail food prices
have risen at a 5.3% annual rate so far this year, compared with 2.1% for
all of 2006."]
Schwarzenegger
set for 'fiscal emergency' upi.com 12/18/7 ["...in the face of a
budget shortfall estimated at $14 billion."]
EU
makes sheep and goat tags compulsory by end of '09 reuters.com 12/18/7 ["Unique
identifier codes are carried by the animal either on an eartag or inside
its digestive tract. The identification number can then be read using
either a portable or fixed electronic reader."]
Out
of Control School Board to Teach About Sex to 4th Graders
christiannewswire.com 12/18/7 ["With a 4 – 1 vote, the St. Lucie
County, FL School Board approved a graphic, explicit, risky Condom Ed
Curriculum."]
Mom:
Omaha mall shooter was troubled child upi.com 12/18/7 ["Robert
Hawkins was taking Ritalin, a drug given to hyperactive children, and the
anti-depressant Zoloft when he was 5."]
U.S.
Border Patrol Begins Using Tear Gas Against Mexican Assailants
allheadlinenews.com 12/18/7 ["Agents guarding the 1,969 mile
U.S.-Mexico border are using the new weapons to counter increasingly
aggressive attacks from smugglers, according to the Los Angeles Times."]
Grain
Outlook: More Price Volatility cattlenetwork.com 12/18/7 ["U.S.
wheat ending stocks will be the lowest in 32 years, although global ending
stocks were raised slightly. Corn ending stocks were lowered by 100
million bushels, however, U.S. ending stocks are still at a comfortable
and market neutral level. Soybean ending stocks were alarming. The USDA
lowered them to 185 million bushels, down 68% from last year at this time
and only 6% of annual usage. That means at the end of this soybean
marketing year; next August, the U.S. will have about 3 weeks and 2 days
of soybean inventory left in the bottoms of bins scattered around the
country."]
Food
inflation set to soar again as benchmark prices are reset ft.com 12/18/7 ["In
Chicago, wheat and rice prices for delivery in March 2008 have jumped to
an all-time record, soyabean prices have surged to a 34-year high and corn
prices have hit a 11-year peak."]
Russia
ships nuclear fuel to Iran bbc.co.uk 12/18/7 ["confirmed that the
first delivery had arrived"]
Russia
test-fires new intercontinental missile reuters.com 12/18/7 [""The
military hardware now on our weapons, and those that will appear in the
next few years, will enable our missiles to outperform any anti-missile
system, including future systems," Col.-Gen Nikolai Solovtsov was quoted
as telling journalists."]
Australia:
Reality check on shopping for pandemic theaustralian.news.com.au 12/17/7 ["...natural
disasters, could require sufficient stockpiles of long-life food.
The research, published last weekend in the Medical Journal of Australia
(2007;187:674-6), also raises concerns about the concentration of
Australia's food supplies, with supermarket outlets being dominated by two
main chains. This situation potentially renders Australia more
sensitive to logistical hitches if a crisis were to arise..."]
Saudi
vows safe haj, wary of crushes and militants reuters.com 12/17/7 ["Iran's
President Mahmoud Ahmadinejad will attend the rites this year..."]
How
Do You Make a Rat, Fat? medicalcorps.org 12/17/7 ["It is a given
in research that if you need a fat-rat then you give it MSG. Now that's
interesting considering that MSG is often added to everything we eat."]
UK:
Squeeze forces borrowers to turn to loans of last resort ft.com 12/17/7 ["The
popularity of equity release products, often seen as loans of last resort,
has jumped as more conventional loans and mortgages dry up owing to the
credit squeeze on UK lenders. ...The market for loans and mortgages
to more risky customers has effectively dried up as lenders struggle to
maintain liquidity."]
UK:
Debt burden higher than during 1991 recession telegraph.co.uk 12/17/7 ["A
record number of families are now having to devote more than one-fifth of
their salaries to debt payments, according to research published by the
Bank of England today."]
Morgan
Stanley issues full US recession alert telegraph.co.uk 12/17/7 [""Slipping
sales and tightening credit are pushing companies into liquidation mode,
especially in motor vehicles," it said. ..."We think overall housing
starts will run below one million units in each of the next two years -- a
level not seen in the history of the modern data since 1959," he said."]
Israel:
US Report on Iran May Spark War ap.google.com 12/16/7 ["Israel's
public security minister warned Saturday that a U.S. intelligence report
that said Iran is no longer developing nuclear arms could lead to a
regional war that would threaten the Jewish state."]
Sino
silence in subprime swamp atimes.com 12/16/7 ["China (excluding
Hong Kong) held US$700 billion in US long term debt as of June 2006. Of
this, $107 billion was in the form of pooled mortgages. These mortgage
loans are backed - more or less - by US agencies. Hence, they are called
agency bonds. China has been a massive buyer of the bonds over the past
few months. It was a net long term agency bond purchaser of $2.5 billion
in July 2007, $2.7 billion in August and $8 billion in September."]
Oprah
Winfrey and Marianne Williamson: Reflections on their New Age Christ
crossroad.to 12/16/7 ["According to this new announcement, Williamson
is pulling back from "teaching" A Course in Miracles and is now offering
her "daily reflections" on the Course. This subtle semantic change may
indicate a change in strategy. However, this type of maneuvering around
potentially controversial New Age agendas by Oprah and her staff has been
noted previously."]
L.A.
must dump water from two reservoirs latimes.com 12/16/7 ["...because
an unexpected chemical reaction rendered it undrinkable. Silver Lake
and Elysian reservoirs registered elevated levels of the suspected
carcinogen bromate between June and October, the result of an unusual
combination of intense sunlight, bromide naturally present in groundwater
and chlorine used to kill bacteria."]
 Full
Abortions Shown On Spanish Television - First In History lifesite.net 12/15/7
["the undercover reporter examines one of the dead children. "Hands, feet,
a face. The cadaver of a human being," the commentator notes. The doctor,
a woman, remarks that the baby is 21 months old, but says she "never"
looks at the bodies of the fetuses. ...Asked why the American media
has never shown such images to the public, Newman said that "there is an
active coverup within the media to deny the actual truth about what goes
on during an abortion,""]
US
to Offer $500 Million to Palestinians ap.google.com 12/15/7 ["Rice
cannot promise that she will deliver on the pledge, which must be approved
by Congress. The money includes about $400 million that the White House
has already announced, but that has not been approved by Congress."]
Schwarzenegger
says he will declare fiscal emergency sfgate.com 12/15/7 ["Gov. Arnold
Schwarzenegger on Friday said he would declare a fiscal emergency in
California so he and state lawmakers can start cutting programs before
shrinking tax revenue from the collapsed housing market leaves the state
with up to a $14 billion shortfall over the next year-and-a-half.
The emergency will likely mean cuts to schools, colleges, prisons and aid
programs for the poor, elderly, and out-of-work that have already spent
nearly half their promised funding for the year."]
Liquidity
Won't Help Insolvency kitco.com 12/15/7 ["The process of 'injecting
liquidity' is a euphemistic way of saying 'creating money out of thin
air.' The Federal Reserve doesn’t need a printing press to do this. They
simply create a book entry on its balance sheet, and presto, $40 billion
(or whatever amount they deem appropriate) of new ‘money’ is created,
which the Fed then lends to those bankers coming to it hat in hand."]
Euro
is the world's new hot currency philly.com 12/15/7 ["Currency traders
from Egyptian street hawkers to Asian central banks are looking to the
euro as a better store of value as the U.S. dollar erodes. The shared
13-nation currency hit $1.4966 Friday, yet another record high against the
once steadfast dollar."]
Saudis
prepare for 1.5 million hajj pilgrim influx afp.google.com 12/15/7
["According to the official news agency SPA, 85 ambulances have also been
mobilised for the occasion and health awareness and alerts will be issued
in case of any epidemic outbreak"]
Staples'
Reusable RFID Trial Expanding eweek.com 12/15/7 ["Soares said the
trial continuously delivered a 100 percent accurate read rate and "a 21
percent reduction in out-of-stocks for the items that were counted." The
chain also saw "zero percent shrink" on the tagged items, which Soares
said was especially noteworthy because the tagged items were common theft
targets such as MP3 players, laptops and desktop PCs. "]
Paid
in dollars, expats struggle to make a living iht.com 12/15/7 ["The
past six months have been anxious for expatriates, with the dollar sinking
against the euro, the pound and currencies from the Czech koruna to the
Costa Rican colón. Those declines are accelerating the flight of
expatriates in Europe, according to tax attorneys who listen to the woes
of clients who are giving up because they see no relief in sight." Editor:
Remember that missionaries who receive support in dollars are loosing
purchasing power, too. Contact your missionaries and find out how
you can help them financially.]
Aurora,
Illinois Battle Over Abortion Business' Zoning Permit Continues
lifenews.com 12/15/7 ["They asay the abortion business should have
obtained a special-use permit because Planned Parenthood is technically a
non-profit group operating a health care facility. City officials
investigated the special permit argument last month and said the abortion
center was built in a planned development district with its own set of
zoning rules."]
After
the money's gone iht.com 12/15/7 ["In past financial crises - the
stock market crash of 1987, the aftermath of Russia's default in 1998 -
the Fed has been able to wave its magic wand and make market turmoil
disappear. But this time the magic isn't working. Why not? Because
the problem with the markets isn't just a lack of liquidity - there's also
a fundamental problem of solvency."]
EU
leaders sign landmark treaty bbc.co.uk 12/14/7 [" "From this old
continent, a new Europe is born," he said. Portuguese Prime Minister
Jose Socrates, whose country holds the rotating EU presidency, said the
treaty would create a more modern, efficient and democratic union.
"The world needs a stronger Europe," he said. "]
Buy
A Gun newswithviews.com 12/14/7 [By Pastor Chuck Baldwin
"Another fact conveniently ignored by the major media is the connection
between wanton killings and so-called "gun-free" zones. For an example of
this, look no further than the Virginia Tech massacre. In spite of
Virginia state laws that allow citizens to carry concealed weapons for
self-defense, Virginia Tech forbade its students and faculty from carrying
weapons for self-defense on campus. "]
New
Jersey legislature votes to end death penalty reuters.com 12/14/7
["New Jersey on Thursday became the first U.S. state to legislatively
abolish the death penalty since the U.S. Supreme Court reinstated capital
punishment in 1976."]
Will
the Commercial Real Estate Market Fall? Of course it will.
safehaven.com 12/14/7 ["The downfall of CRE is the rampant speculation
that caused many to significantly overpay for assets that are quite
illiquid and take significant expertise and time to improve (or even
sell), even incrementally. Not only did they overpay, but they applied
significant leverage as well, much more than the industry norm."]
Derivative
Trades Jump 27% to Record $681 Trillion bloomberg.com 12/14/7 ["the
biggest increase in three years, the Bank for International Settlements
said. Interest-rate futures, contracts designed to speculate on or
hedge against moves in borrowing rates, led the increase with a 31 percent
increase to $594 trillion during the three months ended Sept. 30, the
Basel, Switzerland-based BIS said today in its quarterly review."]
Stripped
bare: 'Gay' school plot unveiled wnd.com 12/14/7 ["The Gay Straight
Alliance recently forwarded an e-mail to its California chapters with
information on how to make sure homosexuality is taught in the state's
schools and warned that having students and parents simply "tolerate"
homosexuality is not enough. ..."Infuse LGBTQ curriculum into
history, social science, and literature classes," is the organization's
plan."]
Canadian
MP Introduces "Transgender" to the Hate Crimes Act lifesite.net
12/14/7 ["Bill Siksay, MP for Burnaby-Douglas in British Columbia who is
himself a homosexual, has introduced, bill C-494, that would add the terms
"gender identity" and "gender expression" to the criminal code under the
section addressing "hate crimes". Siksay is well known as one
of Canada's most energetic Parliamentary homosexual activists who has
recently made "transgender" a key focus of his work. This is the second
time he has put forward a bill that would attempt to recognise the "transgendered"
as a political reality."]
Thousands
of U.S. Doctors Ask Ob/Gyn College to Stop Forcing Physicians to Refer for
Abortion lifesite.net 12/13/7 ["ACOG's position paper targets
pro-life physicians, insisting that abortion-objecting physicians refer
patients to get abortions and declaring that physicians who will not
participate in conscience-violating procedures and prescriptions must
actually move close to doctors who will."]
Thousands
Shiver After Midwest Ice Storm ap.google.com 12/13/7 ["A sign in
front of the store read: "No Generators, Ice Melt, Scrapers, Lamp Oil,
Firewood, Kerosene Heaters, Chainsaws.""]
EU
rights charter signing attracts protest euobserver.com 12/13/7 ["The
leaders of the three main European institutions on Wednesday (12 December)
signed a charter of fundamental rights that will be annexed to the EU's
new treaty ...The text of the Charter of fundamental rights of the
EU lays out six categories of rights for all EU citizens and residents -
dignity, freedoms, equality, solidarity, citizens' rights and justice."]
UK
welcomes world cash injection news.bbc.co.uk 12/13/7 ["The
Federal Reserve will team up with the European Central Bank and central
banks from the UK, Canada and Switzerland to offer the cash loans, to be
made available in auctions. Such a cooperative act is a first, BBC's
Robert Peston said earlier. Other analysts pointed out that
the actions are on a greater scale to the moves taken by the Fed after the
September 11 attacks on America to shore up the economy. "]
Putin
urged to lead government after Kremlin afp.google.com 12/12/7 ["Medvedev,
the soft-spoken technocrat endorsed by Putin to succeed him as Russian
president, said Putin, 55, should switch to the role of prime minister
after stepping down."]
Reducing
Abortions Would Significantly Cut Premature Birth Rate lifenews.com
12/12/7 ["...Poland dramatically reduced its rates of premature birth,
maternal mortality and infant mortality within a few years after its
abortion rate declined by 98% between 1989 and 1993 (as a result of the
passage of an abortion ban)."]
Freddie
Sees $5.5B-$7.5B More Losses ap.google.com 12/12/7 ["The
government-sponsored company has already logged about $4.5 billion in
projected losses during the first nine months of this year."]
UBS
writes down $10 bln, Singapore injects capital reuters.com 12/11/7 ["announced
a $10 billion write-down and a massive injection of funds from Singapore
and the Middle East, making it the biggest subprime crisis casualty to
date among major European banks. Singapore is taking 9 percent of
UBS in a deal that mirrors action taken by U.S.-based Citigroup (C.N:
Quote, Profile, Research) two weeks ago. Citi expects to write off between
$8 billion and $11 billion and secured funding from the Abu Dhabi
Investment Authority."]
Ecuador,
Bolivia Call for South American Currency bloomberg.com 12/11/7 ["...as
a step toward lessening dependence on international financial institutions
and the U.S."]
Iran
drops dollar from oil deals: report afp.google.com 12/11/7 ["The
world's fourth largest oil exporter, Iran has massively reduced its
dependence on the dollar over the past year in the face of US pressures on
its financial system and the fall in the dollar."]
Despite
Deaths and Miscarriages, FDA Refuses to Investigate HPV Vaccine
lifesite.net 12/11/7 ["was approved by the FDA in June 2006 for girls
as young as nine years old. Since that time, more than 3,000 adverse
reactions were reported to the FDA, including eleven deaths and
twenty-eight. miscarriages. The deaths were caused by blood clotting, one
case in a girl who was only twelve years old. Gardasil co-creator
Ian Frazer and manufacturer CSL dismissed allegations of the deaths being
associated with the drug, claiming the women died of unrelated causes."]
New
Jersey moves closer to ending death penalty reuters.com 12/11/7 ["The
move now needs to be voted on by the full Assembly on Thursday. If
approved New Jersey will become the first state to legislatively abolish
its death penalty since the U.S. Supreme Court reinstated capital
punishment in 1976."]
High
school course aims for better citizens usatoday.com 12/11/7 ["Developed
in response to the working-class area's expanding job market, the Homeland
Security and Emergency Preparedness Program at Joppatowne High School is
becoming a model for the nation. "We want the kids to come out with
two major things: To come out as better citizens and to have the skills to
be successful," says program coordinator Leah Beaulieu."]
NJ
Parents Try to Block Vaccine Mandate ap.google.com 12/10/7 ["The
Public Health Council on Monday is set to consider whether New Jersey
should require flu shots as well as three additional vaccines. If
approved, New Jersey would become the first state to require annual flu
shots for children attending licensed preschool or day care centers."]
South
Americans to form independent regional bank reuters.com 12/10/7 ["Seven
South American countries founded on Sunday a development bank to
demonstrate their independence from multilateral lending practices that
some have blamed for past economic crises. ...Outgoing Argentine
President Nestor Kirchner says IMF policies provoked the Argentine
economic meltdown five years ago, partly by encouraging the country to go
too deeply into debt."]
`Decoupling'
Debunked as U.S. Collapse Infects World bloomberg.com 12/10/7 ["The
dollar's decline in sympathy with its economy is also exacting a price
overseas. Airbus SAS may cut its 2 billion-euro ($3 billion) research
budget to trim costs as the dollar's dive becomes ``life threatening'' for
the world's largest planemaker, Chief Executive Officer Tom Enders said
Nov. 23."]
How
To Protect Yourself From The Perfect "Organic" Poison
newswithviews.com 12/10/7 [By Shane Ellison M. Sc. "A
Chinese health official allowed the drug industry to unleash it on the
open market. He was eventually sentenced to death. The Panamanian
government mixed DEG into 260,000 bottles of cold medicine. In the US, the
FDA “warns” against it. But it is still found on the shelves of our
grocery stores."]
Merkel
criticises Sarkozy's Mediterranean Union plans euobserver.com 12/9/7 ["Since
becoming president in May, he has elaborated on the proposal saying in
October that "in the Mediterranean will be decided whether or not
civilisations and religions will wage the most terrible of wars...whether
or not the North and the South will clash". Under the plans, the
group would tie southern Europe with Northern Africa as well as Israel and
its Arab neighbours and tackle topical issues such as counter-terrorism,
immigration, energy, trade, water and sustainable development."]
Netherlands
Government Pledges 2.5 m. Euros to Crack Down on Religious Dissent from
"Gay Rights" lifesite.net 12/9/7 ["...from 2008 to 2011 to
promote homosexuality as normal in social areas. The government said that
the money will be spent on programmes specifically targeting young Muslims
in schools, sport clubs or neighbourhood associations. ..."socially
the acceptance is not automatic among certain ethnic minorities or people
who follow a more orthodox religious lifestyle.""]
Boy
Scouts Lose Philadelphia Lease in Gay-Rights Fight nytimes.com 12/9/7 ["Municipal
officials said the clash stemmed from a duty to defend civil rights and an
obligation to abide by a local law that bars taxpayer support for any
group that discriminates. Boy Scout officials said it was about preserving
their culture, protecting the right of private organizations to remain
exclusive and defending traditions like requiring members to swear an oath
of duty to God and prohibiting membership by anyone who is openly
homosexual."]
Homosexual
hate crime bill starved of votes in the House washingtontimes.com 12/9/7 ["The
Senate has dropped its insistence that Congress pass legislation expanding
hate crime laws to include attacks on homosexuals because it became clear
the measure wouldn't pass the House, according to congressional aides."]
UK:
One in every 64 babies is now born after IVF telegraph.co.uk 12/9/7 ["More
than 32,000 women had IVF treatment in 2005, up six per cent on the
previous year. For women under the age of 35, the chances of success
rose to almost 30 per cent - higher than the chances of natural
conception."]
The
Golden Compass movie: Fight the Church with Magic & Metaphysics
crossroad.to 12/9/7 [By Berit Kjos "The magical, pocket-sized
"Golden Compass" featured in the mind-changing family attraction released
on December 7 is no ordinary compass. Illustrating the movie's deceptive
twists, it refers to a "truth measure" -- an alethiometer energized by
tiny conscious "Dust" particles. Though usually invisible, these
Dust particles can be sensed by the story's more psychically attuned
characters. So whenever 12-year-old heroine Lyra seeks guidance from her
alethiometer, she invokes swirling masses of shimmering Dust that
communicate "true" answers through this enticing divination tool. These
answers affirm the occult "realities" promoted in Philip Pullman's dark
trilogy. "]
Ariz.
Immigration Law Challenge Tossed ap.google.com 12/9/7 ["A federal
judge has thrown out a lawsuit seeking to block a new Arizona law that
prohibits people from hiring illegal immigrants and requires businesses to
verify whether applicants are eligible for employment."]
 Rick
Warren's Inquisition wnd.com 12/9/7 ["In his latest missive to
fellow pastors, he writes: "You've got to protect the unity of your
church. If that means getting rid of troublemakers, do it."
"As pastors, as shepherds of God's people, it's our job to protect our
congregations from Satan's greatest weapon – disunity," he writes. "It's
not always easy, but it's what we've been called to do." "]
Pearl
Harbor, Proves 9-11 Fraud newswithviews.com 12/9/7 [By Alan Stang "“The
country was disillusioned by the failure of America’s idealistic
commitment to make ‘the world safe for democracy’ in World War I. Many
Americans had chosen isolationism to shelter their young from the horrors
of another war, and believed that Roosevelt would ‘not send their sons to
fight in foreign wars.’ Roosevelt believed that his countrymen would rally
only to oppose an overt act of war on the United States. The decision he
made, in concert with his advisors, was to provoke Japan through a series
of actions into an overt act: the Pearl Harbor attack.”"]
Panic
spreads as Uganda reports 101 Ebola cases reuters.com 12/9/7 ["...infected
by the virulent hemorrhagic fever, which often causes victims to bleed to
death through the ears, eyes and other orifices."]
Russian
navy to start sorties in Mediterranean reuters.com 12/6/7 ["Serdyukov
said 11 ships, including an aircraft carrier, would take part in the
sortie and be backed up by 47 aircraft -- including strategic bombers.
...the navy's flagship aircraft carrier ...Russia has long been
talking about reviving a permanent naval base in the Mediterranean."]
Oil
For Euros, How Crude newswithviews.com 12/6/7 [By Andrew Gause
"The missing link is the economic benefit. The only thing that would have
a major impact is the pricing of oil in Euros for less than the cost in
dollars. This would create just the financial draw that would create an
uproar."]
US
Treasury chief urges China to revalue currency afp.google.com 12/6/7
["US Treasury Secretary Henry Paulson called Wednesday for an immediate
revaluation of the Chinese currency after Beijing announced moves to
tighten monetary policy for the first time in a decade. He said that
allowing flexibility of the tightly-controlled yuan was critical to cool
the world's fastest growing economy battling serious inflationary
pressures."]
Teen
births tilt up, unmarried rate hits record reuters.com 12/6/7 ["The
birth rate for teenagers increased in 2006 in the United States for the
first time since 1991, while childbearing among unmarried women surged to
the highest level on record, health officials said on Wednesday."]
UK:
EU regulators approve Northern Rock bailout afp.google.com 12/6/7
["Northern Rock had to turn to the Bank of England because it was
struggling to raise funds in the market as banks demanded tighter
borrowing conditions among each other following turmoil on global
financial markets. In recent months, commercial banks have become
nervous about lending cash to each other amid fears over possible exposure
to the US housing market slump..."]
Israel:
Prepare for the quake jpost.com 12/6/7 ["Nahari told the Knesset that
"according to the experts, a strong earthquake, at least as forceful as
the 1927 quake, is expected to occur in Israel." Indeed, the record shows
that such quakes occur about every 80 or 90 years (the previous major
quake was in 1837)."]
Two
doctors die as Uganda Ebola toll climbs to 21: official afp.google.com
12/6/7 ["...of the 91 people infected since the strain first appeared in
September"]
Ex-Italian
President: Intel Agencies Know 9/11 An Inside Job prisonplanet.com
12/6/7 ["Cossiga's revelations contributed to an Italian parliamentary
investigation of Gladio in 2000, during which evidence was unearthed that
the attacks were being overseen by the U.S. intelligence apparatus.
In March 2001, Gladio agent Vincenzo Vinciguerra stated, in sworn
testimony, "You had to attack civilians, the people, women, children,
innocent people, unknown people far removed from any political game. The
reason was quite simple: to force ... the public to turn to the state to
ask for greater security.""]
Study:
Abortion Fueling Cancer Epidemic newsmax.com 12/6/7 ["Having an
abortion raises a woman’s risk of breast cancer by at least 30 percent,
and is fueling an “epidemic” of the often fatal disease, according to
British researchers. According to a new study published in the
Journal of American Physicians and Surgeons, young women who had an
abortion before having a child are at the greatest risk for developing
breast cancer. "]
China
questions UN Iran sanctions bbc.co.uk 12/6/7 [" China's ambassador to
the UN says a new US intelligence report on Iran's nuclear programme
raises questions about the need for new sanctions."]
National
Debt Grows $1 Million a Minute ap.google.com 12/5/7 ["Even if
you've escaped the recent housing and credit crunches and are coping with
rising fuel prices, you may still be headed for economic misery, along
with the rest of the country. That's because the government is fast
straining resources needed to meet interest payments on the national debt,
which stands at a mind-numbing $9.13 trillion. ..."The government is
in the same predicament as the average homeowner who took out an
adjustable mortgage," ..."The first day the Chinese or the Japanese
or the Saudis say, `we've bought enough of your paper,' then the debt —
whatever level it is at that point — becomes unmanageable," said Collender."]
Rice:
US aims to up Palestinian economic aid to $400 mln ynetnews.com 12/5/7 ["...compared
to the 50 million dollars spent in 2007 for supporting Palestinian
economic development."]
Dollar
slips, euro gains credibility as viable rival csmonitor.com 12/5/7 [""]
UK:
Lenders 'must prepare for worst' bbc.co.uk 12/5/7 ["...said a
tougher global financial situation could affect the whole UK mortgage
market, boosting defaults. Access to cash could become more
difficult - a problem that caused the run on Northern Rock earlier this
year. Lenders needed contingency plans to guard against the "worst
outcomes", the City watchdog said. The FSA also told lenders that
despite the liquidity and credit risks it was important that lenders
maintained their focus on treating customers fairly, including their
treatment of customers in arrears. "]
Florida
Just First to Face National Run on the Bank: Joe Mysak bloomberg.com 12/5/7 ["
The investment pool, which contained $27 billion this summer, now has $14
billion, the result of withdrawals by municipalities with keenly developed
senses of self- preservation. On Nov. 29 the board told the remaining
participants they couldn't withdraw any more money from the pool.
The pool, which is where most of the state's municipalities put their
money when they are not using it, owns $1.5 billion in securities that
have been downgraded or defaulted as a result of the subprime market
collapse. "]
Impending
Destruction of the US Economy globalresearch.ca 12/5/7 [by Dr. Paul
Craig Roberts "The reason the dollar has not completely
collapsed is that there is no clear alternative as reserve currency. The
euro is a currency without a country. It is the monetary unit of the
European Union, but the countries of Europe have not surrendered their
sovereignty to the EU. Moreover, the UK, a member of the EU, retains the
British pound. The fact that a currency as politically exposed as the euro
can rise in value so rapidly against the US dollar is powerful evidence of
the weakness of the US dollar."]
Rick Warren Teams Up with New Age Proponent Leonard Sweet crossroad.to 12/5/7 ["Rick
Warren has invited New Age proponent Leonard Sweet to speak at the 2008
Saddleback Small Groups Conference called Wired. The theme of the
conference is "Prepare your church for spiritual growth and connectivity."
Unfortunately, spiritual growth and connectivity ala Leonard Sweet could
be a panentheistic, mystical dose of the New Age - and it isn't the first
time Warren has found comradeship with Sweet. As Ray Yungen explains in A
Time of Departing, Sweet and Warren came together in 1994 for their Tides
of Change audio series. "]
Georgia
Police Drop Charges Against Pro-Lifer in Abortion Truck Case
lifenews.com 12/5/7 [""I have reviewed the evidence and law in this
case, and concluded that the physical display of the images in question —
as shocking and offensive as they are — does not constitute 'obscene and
vulgar or profane language' as specifically prohibited by this statute,"
she said. ...Troy Newman, the head of Operation Rescue, which owns
the truck in question, said the legal battle is only beginning. He
indicated the pro-life group plans to sue the county."]
Fannie
Cutting Dividend, Selling Stock ap.google.com 12/5/7 ["Mortgage
finance giant Fannie Mae on Tuesday announced it was cutting its dividend
30 percent and selling $7 billion in special stock to raise additional
capital."]
 A
World Illuminated by False Light lasttrumpetministries.org 12/4/7 [By
Pastor David Meyer "We must always remember that the early
Christians were persecuted and martyred not because of what they were
doing, but because of what they refused to do and go along with. As true
Christians, there are things that we must never do even though they are
universally accepted by the rest of the world. The powers of darkness are
closing in fast, and that approaching shroud is in the form of a shadowy
light from the one who was once called Lucifer, the bringer of light. His
human conspirators refer to themselves as the Illuminati, which means
holders of the light."]
Saudi
minister warns of dollar collapse telegraph.co.uk 12/4/7 ["The
dollar could collapse if Opec officially admits considering changing the
pricing of oil into alternative currencies such as the euro, the Saudi
Arabian foreign minister has warned."]
National
Debt Grows $1 Million a Minute ap.google.com 12/4/7 ["And like
homeowners who took out adjustable-rate mortgages, the government faces
the prospect of seeing this debt — now at relatively low interest rates —
rolling over to higher rates, multiplying the financial pain. So
long as somebody is willing to keep loaning the U.S. government money, the
debt is largely out of sight, out of mind. But the interest payments
keep compounding..."]
Foreign
bargain hunters find U.S. dollars a deal washingtontimes.com 12/4/7 ["Because
of exchange rates, the British essentially get half off all U.S. products;
Europeans have a 33 percent discount and Canadians have a slight edge over
the U.S. dollar."]
American
College of Pediatricians: "It's Okay for Parents to Spank"; Suggests
Guidelines lifesite.net 12/4/7 [""Spanking should not be
administered on impulse or when a parent is out of control," warns the
document noting that "a spanking should always be motivated by love, for
the purpose of teaching and correcting, and not for revenge or
retaliation.""]
Temple
Institute Announces: High Priest's Crown is Ready!
israelnationalnews.com 12/4/7 ["The tzitz is made of pure gold, was
fashioned over the course of a more than a year by the craftsmen of the
Temple Institute, and is ready to be worn by the High Priest in the
rebuilt Holy Temple in Jerusalem. ...Asked what project they're
working on at present, Rabbi Richman said, "We have begun work on 120 sets
of garments for 'regular' priests, not the High Priest. This involves
special thread from India, etc. In addition, we have begun work on
architectural blueprints for the Third Temple..."]
U.S.
auto sales weaken in Nov. as caution mounts reuters.com 12/4/7 ["Industry-wide
U.S. sales for the past month appeared headed for an annualized result
near 15.7 million vehicles based on preliminary data, Ford said. That
would be a decline from a sales rate of just over 16 million vehicles a
year earlier."]
Georgia
Police Hide in Offices to Avoid Lawyer's Letter Over Impounding of Graphic
Abortion Photos Truck lifesite.net 12/4/7 ["Police had earlier
threatened to arrest anyone who might continue to drive a Truth Truck,
adorned with photographs of aborted babies, in Gwinnett County, but later
backed down from that threat. Newman and the other pro-lifers drove
through the county without incident."]
Brazilian
President Convokes National Homosexual Conference lifesite.net 12/4/7 ["The
First National Conference of Gays, Lesbians, Bisexuals, Transvestites and
Transsexuals received its official convocation on Thursday of last week by
none other than the socialist president of Brazil, Luiz Lula, a first in
the history of the country."]
Putin
Gets Mandate as His Party Sweeps Russian Vote bloomberg.com 12/3/7 ["
Putin, 55, who cannot run in March 2 presidential elections because of a
ban on three consecutive terms, had called for Russians to vote in large
numbers for his party, saying this would give him the ``moral right'' to
retain a leading role. He has yet to reveal what that will be.
``Sixty-sixty does achieve the objective: to substantiate Putin's
popularity and position,'' Chris Weafer, chief strategist at UralSib
Financial Corp. in Moscow, said in a telephone interview. ``He can now
pretty much choose what position he wants going forward.'' "]
U.S.
mortgage industry hashes out rate-freeze plan reuters.com 12/3/7
["Mortgage industry executives worked on Saturday to hammer out details of
a homeowner rescue plan that would freeze interest rates on some U.S.
subprime mortgages for up to seven years, but questions remained over how
to avoid investor lawsuits and other legal challenges."]
British
Put Warning Label On Gore Film newswithviews.com 12/3/7 [By Jon
Christian Ryter "The court said the film contained far too many
factual errors to be shown in the public school system without a
disclaimer."]
Hillary
gets standing ovation at Rick Warren's summit worldnetdaily.com 12/3/7
[""What Saddleback is doing is helping raise her profile as a legitimate
presidential candidate in the eyes of evangelical Christians, and I think
that is a huge error," ...Clinton said, "The commitment
you have demonstrated, both to our faith in God and to doing his work here
on earth is exemplary. And that is one of the many reasons I wanted to be
here today.""]
Dissent
In America To Be Relabeled 'Homegrown Terrorism' newswithviews.com 12/3/7
["Now, the bill has gone to the Senate, and is in committee. The
bill is called the Violent Radicalization and Homegrown Terrorism
Prevention Act of 2007 (H.R. 1955/S. 1959). The language in this bill is
so maddeningly vague it could mean anything. It could therefore be
tailored to attack any group opposing national and international policies
that have the backing of the corporatist-governmental power system.
Consider the definition offered of ‘violent radicalization’ (from Sec.
899A of the bill being referred to the Senate): “the process of adopting
or promoting an extremist belief system for the purpose of facilitating
ideologically based violence to advance political, religious, or social
change.” "]
Commodities
go ka-ching; buyers go, 'Ouch' usatoday.com 12/3/7 ["Growing incomes
in those nations also mean a growing appetite for grains and livestock. At
the same time, poor weather hurt this year's world wheat crop, cutting the
supply to a 30-year low. Rising demand for corn-based ethanol means not
only that agriculture prices are more closely tied to oil prices, but that
farmers are devoting more acreage to corn and less to other crops — a big
reason soybean prices jumped from about $6.25 a bushel on futures markets
last year to nearly $11 this year."]
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