Archive for July, 2008

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Run On Banks Spells Big Trouble for U.S. Treasury

July 14th, 2008

Via: Sydney Morning Herald: IN A modern financial system nothing is more frightening than a run on the bank. The US has now suffered a series of them, and they are escalating in size and scope, posing a serious threat to an already reeling economy. Rumours swamped financial markets on Friday that the US Government […]

EMERGENCY: U.S. GOVERNMENT TO TAKE “UNLIMITED STAKES” IN FANNIE AND FREDDIE

July 14th, 2008

WARNING: This is not a recommendation to buy, sell or hold any financial instrument. The firms that make the mortgage industry possible in the U.S. are about to be taken onto the books of the U.S. Government. I don’t know of any clearer way of summing it up. In all of my years of observing […]

And Now, The War Against Giving Birth at Home

July 13th, 2008

Mmm hmm. Via: ABC News: The American Medical Association has agreed to support proposed legislation that, some physicians say, could make make having a planned birth in one’s home difficult, to virtually impossible. As of now, no actual legislation has been drawn up, but the AMA has agreed to back a measure called “Resolution 205,” […]

British Military Intelligence Operative Inside IRA Murdered Dozens

July 13th, 2008

Via: Sunday Herald: MI5 HAS rebuilt the life of a “killer spy” who was the British Army’s highest- ranking double agent at the heart of the IRA, and a man implicated in dozens of murders. Freddie Scappaticci was exposed by the Sunday Herald in May 2003 as the infamous double agent codenamed Stakeknife. The Sunday […]

British Soldiers Accused of Sickening Sex Assault Involving Iraqi Boys, “No One Expected the British to Be Worse than Saddam Hussein”

July 13th, 2008

Via: Independent: British soldiers forced a boy of 14 to carry out an act of oral sex on a fellow male prisoner in Iraq, according to shocking new allegations made about the behaviour of British troops. The Ministry of Defence confirmed yesterday that the Royal Military Police (RMP) have launched an investigation. If the allegations […]

Weak Dollar Sends Vatican Into the Red

July 13th, 2008

The damages paid out due to child raping priests (same search on current news) probably didn’t help matters much. Via: Guardian: The Vatican has blamed a weak dollar for pushing it into its first loss in four years by undermining the value of dollar-denominated donations by the faithful. Annual accounts published this week show the […]

Gas Arbitrage Along U.S./Mexico Border

July 13th, 2008

Via: Reuters: U.S. and Mexican entrepreneurs with an eye for a quick buck are buying subsidized fuel in bulk in Mexico and hauling it across the U.S. border to make big profits, officials say. With a yawning gap between the cost of Mexico’s state-subsidized fuel and record U.S. pump prices, tanker truck owners and people […]

Fuel Theft Crime Wave Sweeps Scotland as Petrol Prices Soar

July 13th, 2008

Via: Sunday Herald: SCOTLAND IS in the grip of a new crime wave with organised thieves stealing tens of thousands of litres of fuel each day from farms, homes and petrol stations across the country. Record oil prices have made fuel a targeted commodity for gangs of criminals. Thieves are reselling the stolen fuel through […]

Bush Lobbyist in Cash for Access Video

July 13th, 2008

Via: Times Online: A lobbyist with close ties to the White House is offering access to key figures in George W Bush’s administration in return for six-figure donations to the private library being set up to commemorate Bush’s presidency. Stephen Payne, who claims to have raised more than $1m for the president’s Republican party in […]

“Then There Are the Science Fiction-Like Weapons”

July 13th, 2008

Ah yes, free speech zones, goo guns and directed energy weapons. It must be (s)Election time in America. Via: CNN / Youtube:

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