Archive for June, 2008
Cops Enter Man’s Bedroom at 3am, Shine Flashlights on Him, Remind Him to Lock Up the House
June 20th, 2008I… I… I am at a loss for words. Via: Pioneer Press: Troy Molde awoke at 3 a.m. Thursday to police flashlights shining in his face. Two uniformed Lakeville officers were in his bedroom, knocking on the wall to wake him up. They were there, they said, to warn him to keep his doors closed […]
America’s Berlin Wall
June 20th, 2008Via: Economist: QUEUES of frustrated foreigners crowd many an American consulate around the world hoping to get into the United States. Less noticed are the heavily taxed American expatriates wanting to get out—by renouncing their citizenship. In Hong Kong just now, they cannot. “Please note that this office cannot accept renunciation applications at this time,” […]
Defying U.S., EU Scraps Cuba Sanctions
June 20th, 2008Via: Reuters: European Union states agreed on Thursday to scrap sanctions against Cuba in a move aimed at encouraging democratic reforms on the Communist island, officials said. The lifting, agreed despite U.S. calls for the world to remain tough on Havana, will pave the way for a new dialogue with Cuba but come with calls […]
Unbelievable Pictures of Iowa Flooding
June 20th, 2008Must see. Via: Boston Globe.
Brown Pushes EU to Allow More GMO Animal Feeds
June 20th, 2008Grim. Via: Independent: Gordon Brown is calling on the European Union to relax its rules on importing genetically modified animal feed in a further sign of the Government’s willingness to embrace the controversial technology. Mr Brown believes GM crops are vital to the attempt to cut spiralling food prices. His proposal comes the day after […]
FLOODING TO INFLATE GROCERY BILLS ACROSS THE BOARD
June 19th, 2008Via: Des Moines Register: For consumers feeling the pinch of higher food prices, the flooding of prime Midwest farmland will bring more bad news in supermarkets through next year. By wiping out corn and soybean crops across Iowa, Illinois and other states, the flood is driving up prices that were already at historic highs and […]
Sweden Approves Warrantless Wiretapping Law
June 19th, 2008Via: BBC: Sweden’s parliament has approved controversial new laws allowing authorities to spy on cross-border e-mail and telephone traffic. The country’s intelligence bureau will be able to scan international calls, faxes and e-mails. The measure was passed by a narrow majority after a heated debate in the Stockholm parliament. Critics say it threatens civil liberties […]
FBI Arrests Two Former Bear Stearns Hedge Fund Managers
June 19th, 2008Just two? Via: WNBC: FBI agents have arrested two former Bear Stearns hedge fund managers, sources familiar with the case said. Former Bear Stearns managers Ralph Cioffi Jr. and Matthew Tannin are charged in connection with allegations they misled investors as the two hedge funds they helped run collapsed amid the subprime mortgage meltdown. The […]
Wealthy Investors Shift Funds from Global Banks to Reduce Risks
June 19th, 2008Via: Bloomberg: High-net worth individuals, those coveted financial-services customers with at least $2 million to invest, are shifting assets from brokerages and large global banks to smaller, more conservative alternatives. “For the first time in my career, I saw concern about the location of one’s assets,” said Robert Balentine, the head of Wilmington Trust Corp.’s […]
Secret Report Says U.S. Nuke Parts Missing
June 19th, 2008Via: Financial Times: The US military cannot locate hundreds of sensitive nuclear missile components, according to several government officials familiar with a secret Pentagon report on nuclear safeguards. Robert Gates, US defence secretary, recently fired both the US Air Force chief of staff and air force secretary after an investigation blamed the air force for […]
