Archive for November 10th, 2009

Dodd introduces bill to limit powers of Federal Reserve

Dodd introduces bill to limit powers of Federal Reserve

Feeling a little scared of the Peter Schiff challenge, maybe?  -ATS Huffington Post 11/10/09 “This is not a time for timidity,” Senate Banking Committee Chairman Chris Dodd (D-Conn.) said Tuesday as he unveiled what he called a “sweeping, bold, comprehensive, long overdue” restructuring of the financial regulatory regime – one that, unlike competing proposals, limits rather than...
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US Admits No Evidence of Hasan Ties With Militants

US Admits No Evidence of Hasan Ties With Militants

Anti-War.com 11/10/09 By Jason Ditz The scramble to piece today a plausible story of Army psychiatrist Major Nidal Malik Hasan’s insidious ties to global terrorism has not, officials are conceding, yielded any actual evidence to that effect. This has not, of course, stopped speculation. The media seems to have focused chiefly on the report that the Virginia-born Major...
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UK: Ministers cancel ‘Big Brother’ database

UK: Ministers cancel ‘Big Brother’ database

The Independent 11/10/09 By Nigel Morris and Robert Verkaik Plans to store information about every phone call, email and internet visit in the United Kingdom have in effect been abandoned by the Government.  The Home Office confirmed the “Big Brother” scheme had been delayed until after the election amid protests that it would be intrusive and open to...
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North and South Korea exchange fire at sea

Times Online 11/10/09 The two Koreas briefly exchanged naval fire along their disputed western sea border earlier today, with a North Korean ship suffering heavy damage before retreating, according to South Korean military officials. There were no South Korean casualties, the country’s Joint Chiefs of Staff said in a statement, and it was not immediately clear if...
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Saudi uses white phosphorous, expands war in Yemen

Saudi uses white phosphorous, expands war in Yemen

Press TV 11/10/09 Yemeni fighters have accused Saudi Arabia of expanding the scope of its cross-border attacks into civilian areas far from the conflict zone. Speaking to Iran’s Arabic-language news channel al-Alam, Houthi fighters’ spokesman Mohammad Abdessalam said on Monday that Saudi fighter jets are pounding villages kilometers inside Yemeni territory — which are away from the...
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Afghan insurgents shown on TV with U.S. ammo

Army Times 11/10/09 By Amir Shah and Deb Riechmann KABUL, Afghanistan — Television footage broadcast Tuesday showed insurgents handling what appears to be U.S. ammunition in a remote area of eastern Afghanistan that American forces left last month after a deadly firefight that killed eight troops. The U.S. military said the forces that left the area said they...
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Wall Street Journal on Ludwig Von Mises: “The Man Who Predicted the Depression”

Wall Street Journal on Ludwig Von Mises: “The Man Who Predicted the Depression”

Ludwig von Mises explained how government-induced credit expansions led to imbalances in the economy. Wall Street Journal 11/9/09 By MARK SPITZNAGEL Ludwig von Mises was snubbed by economists world-wide as he warned of a credit crisis in the 1920s. We ignore the great Austrian at our peril today. Mises’s ideas on business cycles were spelled out in his 1912...
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Colombia: court rules against US bases plan as more details revealed

WW4 Report 11/9/09 While the US Embassy in Bogotá says the new agreement for expanded US access to Colombian military bases enters into force immediately, a Colombian court ruling finds the agreement is “broad and unbalanced” in favor of the United States and not based on any previous treaty, so therefore must be reviewed by Colombia’s...
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