Dienstag, 9. September 2008

ACLU Urges House to Raise Curtain of Government Secrecy



Causes of Fannie's Collapse and How to Stop the Speculators

Institute for Public Accuracy (IPA)

Tax the Speculators


Foreign Bondholders Drove the Fannie/Freddie Bailout

By William Patalon III

For anyone who still doubted the growing global influence of such emerging powerhouses as China, consider this: The U.S. government's decision to take control of foundering mortgage giants Fannie Mae (FNM) and Freddie Mac (FRE) was driven not by worries about the fading U.S. housing market, but by concerns that foreign central banks in China, Japan, Europe, the Middle East and Russia might stop buying our bonds.


Should Biden Share Blame for Foreclosure Crisis?


Experts say hundreds of thousands of Americans may have lost their homes due to a bill championed by Sen. Joseph Biden, D-Del., Barack Obama's vice-presidential running mate.



US 'In Need of Rebellion'



U.S. 'Dangerously Vulnerable' to WMDs


Aufruf zur Demo in Berlin am Samstag, den 11. Oktober ab 14.00 Uhr



Residents launch phone mast protest

Published Date: 08 September 2008

By Ben Truslove

TUESDAY NOON: Angry residents have launched a campaign to fight a potential 30ft mobile phone mast in the middle of an estate.

Vodafone has proposed building the mast on the corner of Sapcote and Grange Drive near to Sherard School, but shopkeepers and people who live nearby are concerned about the health risk.

Councillor Frank Moore-Coltman said: "There is a lot of opposition to the idea around here. People are worried about the links with cancer, particularly with it being in a residential area and close to a school. But the Government has said we should ignore that."



Anger at mobile phone mast plan

12:40pm Tuesday 9th September 2008

By Gerran Grimshaw

SHOP owners in a York village have reacted angrily after being told Vodafone plans to put a mobile phone mast less than ten metres from their front doors.

Joanne Smith, 39, and her brother, Richard Boddy, 27, who run the Londis shop in Haxby, received a letter informing them the mobile phone operator wanted to install a ten-metre tall mast in Oak Tree Lane.

Joanne said she had health concerns about phone masts. She said: “It’ll bring down property prices – and they’re ugly.”


Tyrannies will be avoided only with respect for all rights

Morning Call

by Paul Carpenter

This morning, as you are walking up the steps to your church, a squad of Allentown police officers will besiege you, grab your Bible and tell you that some of the beliefs of this church are adverse to good order.The officers say a neighbor complained about you going to this church, but they won’t charge you with a crime and will return your Bible in a day or two.Sound a bit far-fetched? In principle, it is not. The same Bill of Rights that prevents government authorities from telling you which church to attend places equal emphasis on preventing those authorities from violating other rights. …. Last Sunday, I discussed the case of an Allentown man whom police went after because a neighbor told them he was armed. He had a license to carry the gun and did nothing illegal, but the police stole the gun (they call it ‘’seizure”) and did not return it until the following day...


Tyranny on display

by Chris Hedges


St. Paul is a window into our future. It is a future where, as one protester told me by phone, “people have been pepper-gassed, thrown on the ground by police who had drawn their weapons, had their documents seized and their tattoos photographed before being taken away to jail.” It is a future where illegal house raids are carried out. It is a future where vans containing heavily armed paramilitary units circle and film protesters. It is a future where, as the protester said, “people have been pulled from cars because their license plates were on a database and handcuffed, thrown in the back of a squad car and then watched as their vehicles were ransacked and their personal possessions from computers to literature seized.” It is a future where constitutional rights mean nothing and where lawful dissent is branded a form of terrorism. The rise of the corporate state means the rise of the surveillance state. The Janus-like face of America swings from packaged and canned spectacles, from nationalist slogans, from seas of flags and Christian crosses, from professions of faith and patriotism, to widespread surveillance, illegal mass detentions, informants, provocateurs and crude acts of repression and violence. We barrel toward a world filled with stupendous lies and blood...


How far from a police state?

by Howard Lisnoff


Just how close is the United States to becoming a police state? The events at the Republican National Convention, where 800 arrests took place, can answer part of that question. Those arrests dwarfed the 152 arrests at the Democratic National Convention. The history of the U.S. since its emergence as a superpower in the 20th century addresses the rest.St. Paul, Minnesota served as a testing ground for “riot” control during the Republican National Convention. Both protesters and members of the media were beaten and jailed without discrimination or consideration of their First Amendment rights to assemble and for the press to report the news. The great majority of protests were peaceful. Police used sticks, percussion grenades, tear gas, pepper spray and preemptive raids to create the aura of total control of the area around the convention site. Merely by their appearance in the heavy, daunting gear of S.W.A.T. (Special Weapons And Tactics) teams, that made them seem as figures out of a science fiction movie, could they create fear among those gathered to protest the convention...


Informant: Thomas L. Knapp


War Widows United By Grief

Paloma Esquivel, The Los Angeles Times: "When a married soldier dies, the military removes his wedding band to send to his widow. There is no official list of U.S. war widows, but there are thousands - nearly half of the 4,155 soldiers killed in Iraq and Afghanistan were married. Most of the dead were young, as are the women they left behind. Over the weekend, Tomczak, Davis and a few other military widows, all in their 20s, gathered in a rented beach house in Santa Monica. The women, who found one another on the Internet and come from cities across the country, talk nearly every day."


Former Doolittle Aide Indicted in Abramoff Scandal

Marisa Taylor, McClatchy Newspapers: "A former aide to Republican Representative John Doolittle is scheduled to enter a plea Monday on charges related to the Jack Abramoff influence-peddling scandal. Kevin Ring, a former legislative director for the northern California congressman, worked for Abramoff, a former lobbyist who wined and dined congressmen and White House officials at his Washington restaurant, Signatures."



Heading for the RFID chip society



Ron Paul: Gimme Some Truth



Pakistan: The War Party's New Frontier



Pakistan's sovereignty, territorial integrity to be defended at all cost: Gen Ashfaq Kayani

"There is no question of any agreement or understanding with the Coalition Forces whereby they are allowed to conduct operations on our side of the border", says an ISPR press release issued here.


Pakistan order to kill US invaders

KEY corps commanders of Pakistan's 600,000-strong army issued orders last night to retaliate against "invading" US forces that enter the country to attack militant targets.


Sharif's Party Warns U.S. on Strikes

Pakistan's main opposition party said Friday the country could pull out of the war on terror over stepped-up attacks by U.S. forces from across the border with Afghanistan.


Tribesmen say they are with army, warn US

Tribal elders in North Waziristan on Saturday vowed to defend the country's frontiers by fighting alongside security forces against any 'possible American attack'.


Pak jets 'sent to confront US drones'

Pakistan has ordered its jet fighters to confront any attack by the US-led coalition forces on the tribal belt near the Afghan border.


Pakistan sends fighter jets to tribal region

Pakistan Air Force (PAF) on Saturday sent its fighter aircraft to the northwestern tribal region as the U.S.-led coalition forces are increasing cross-border raids, local media reported.


No foreign force allowed to fight terrorism in Pakistan: Fehmida

Acting President Dr Fehmida Mirza on Sunday reiterated the government's policy that no foreign force would be allowed to fight the war against terrorism on Pakistani soil.


Quagmire, Phase 2: The Invasion of Pakistan

In 1970, the problem was the Ho Chi Minh Trail in Cambodia. Today it is Taliban and al-Qaida bases inside Pakistan, which the United States has been attacking from the air for some time, with controversial "collateral damage."


From Information Clearing House


Bush Said to Give Orders Allowing Raids in Pakistan

Eric Schmitt and Mark Mazzetti, The New York Times: "President Bush secretly approved orders in July that for the first time allow American Special Operations forces to carry out ground assaults inside Pakistan without the prior approval of the Pakistani government, according to senior American officials. The classified orders signal a watershed for the Bush administration after nearly seven years of trying to work with Pakistan to combat the Taliban and Al Qaeda, and after months of high-level stalemate about how to challenge the militants' increasingly secure base in Pakistan's tribal areas."


Another US Raid Kills 12 in Pakistan

Pir Zubair Shah and Alan Cowell, The New York Times: "As the American campaign against suspected al-Qaeda and Taliban militants in Pakistan's tribal areas seemed to intensify on Friday, two missiles fired from a remotely piloted American aircraft killed 12 people on Friday in an attack on a village compound in North Waziristan, according to a local journalist and television reports."



Pakistan Warns US It Will Not Allow Foreign Troops On Its Soil

Quagmire, Phase 2: The Invasion of Pakistan


The war on terror targets Pakistan

Gareth Porter: Bush gives Special Forces the power to go deep inside Pakistan.


Washington's Kleptocratic State: 'More Communist Than China'



Fannie Mae takeover is unconstitutional, as is Fannie Mae itself

Disloyal Opposition
by JD Tuccille


In my post yesterday on the Fannie Mae/Freddie Mac takeover, in which I concluded that it might be nice that the feds are trying to clean up their mess, but that they’re the worst people to do anything of the sort, I overlooked one really important point: Does the federal government have the authority to seize private corporations — even don’t-look-too-closely ‘private’ corporations that it creates? Andrew Napolitano — a former judge and constitutional law professor, and current judicial analyst for Fox News — points out that not only is the bailout bill passed in July (which authorized the takeover) unconstitutional, but the government never had the authority to create Fannie Mae and Freddie Mac to begin with...


Fannie/Freddie bailout baloney

Cato Institute
by Gerald P. O'Driscoll Jr.


We can be sure that Treasury Secretary Henry Paulson only took control of Fannie Mae and Freddie Mac last weekend because he was forced to do so. But the move solves neither the housing crisis nor the root of the Fannie/Freddie problem. At heart, Fannie and Freddie had become classic examples of ‘crony capitalism.’ The ‘cronies’ were businessmen and politicians working together to line each other’s pockets while claiming to serve the public good. The politicians created the mortgage giants, which then returned some of the profits to the pols — sometimes directly, as campaign funds; sometimes as ‘contributions’ to favored constituents...


Informant: Thomas L. Knapp


The Federal Reserve's War Against the Human Race



On the third-worldization of the Imperial States of America



When the US sold missiles to Iran



US Government stages world's biggest bail out

The country's two biggest mortgage companies were nationalised amid fears that their bankruptcy would have triggered an economic collapse.


Why U.S. moved on mortgage giants

The proposal to place both mortgage giants, which own or back $5.3 trillion in mortgages, into a government-run conservatorship also grew out of deep concern among foreign investors that the companies' debt might not be repaid.


China frets at US risk after Fannie/Freddie bailout

The U.S. Treasury's takeover of Fannie Mae and Freddie Mac is good news in the short term for China, the biggest holder of the giant mortgage lenders' debt, but Beijing's huge U.S. exposure still poses a serious risk, a prominent government researcher said on Monday.


US Bailout of Mortgage Giants Sets Stage for Wider Financial Crisis

By Barry Grey

On Tuesday, the Congressional Budget Office (CBO) declared that as a result of the government bailout, the finances of Fannie Mae and Freddie Mac had to be "directly incorporated into the federal budget," and its liabilities added to the US national debt. This means, in effect, a near doubling of the US sovereign debt to a figure equivalent to the country's gross domestic product (GDP).


From Information Clearing House


Stop the Bailout


Brazil, Argentina drop dollar for bilateral trade

Brazil and Argentina are ready to stop using U.S. dollars to trade goods between them. Brazil's president tells the Buenos Aires-based Clarin newspaper that exports and imports between the two nations will be bought and sold in local currency - reals and pesos.


From Information Clearing House


MSNBC Drops Olbermann, Matthews as News Anchors

MSNBC is removing Keith Olbermann and Chris Matthews as the anchors of live political events, bowing to growing criticism that they are too opinionated to be seen as neutral in the heat of the presidential campaign.


From Information Clearing House


The right dictates MSNBC's programming decisions


Inmates tell of sexual abuse and beatings in Iraq's overcrowded juvenile prison system

Hundreds of children, some as young as nine, are being held in appalling conditions in Baghdad's prisons, sleeping in sweltering temperatures in overcrowded cells without working fans, no daily access to showers, and subject to frequent sexual abuse by guards, current and former prisoners say.


From Information Clearing House

Missiles stir Pakistani fury at US 'invaders'

Reports that "many" women and children had died in the attack drew outrage in Islamabad, with senior officials describing it "as a grave violation of our sovereignty". A senior Pakistani air force official said he was awaiting orders from the Government to launch operations against "these invaders".


From Information Clearing House


Continued US Bombing Stirs Pakistani Anger


Economic Democracy Is Turning Into a Financial Oligarchy

Mike Whitney: An Interview With Michael Hudson

The best that this weekend's bailout can do is to postpone the losses on bad mortgage debts. But this is a far cry from actually restoring the ability of debtors to pay.


Why The Fannie-Freddie Bailout Will Fail

By Martin D. Weiss, Ph.D.

With yesterday's announcement of the most massive federal bailout of all time, it's now official: Fannie Mae and Freddie Mac, the two largest mortgage lenders on Earth, are bankrupt.


US Waves Goodbye to Prosperity and Democracy

By David Hirst

If you were wondering what all the flag-waving at the Republican convention has been about, it is now clear. Americans are waving goodbye to the prosperity the nation has enjoyed since the Great Depression and a final goodbye to democracy. But while preparation for the most important decision made in the nation's post-depression financial history towered above the conventions, I don't think the fate of Freddie and Fannie and the remaining government-sponsored enterprises (GSEs) was mentioned during either convention.



Cyberkrieg: von der Defensive zur Offensive?



Next-up news Nr 675


Mobile phone carriers' plea


9/09/2008 12:00:00 AM

MOBILE phone providers said it was a relief that the Education Department wasn't enforcing its own policies or 60 per cent of Sutherland Shire's built-up areas would be mobile blackout zones.

The Mobile Carriers Forum met Education Department representatives to air grievances about the department policy that requires mobile phone base stations to be kept 500 metres from schools.



Ron Paul to Hold Major Press Conference


Informant: shane_digital



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