Archive for July 9th, 2012

Matthew Boesler and Max Nisen BusinessInsider.com July 9, 2012 Let’s be crystal clear: we don’t believe any of these people are bad or are intentionally trying to destroy the world. But if there’s one thing that has become obvious, it’s that policy paralysis is a major contributor to the ongoing global economic malaise. Whether... »

Diamond faces recall to Parliament – but Select Committee member says inquiry isn’t working ANDY MCSMITH OLIVER WRIGHT IndependentUK MONDAY 09 JULY 2012 Politicians have been virtually “useless” so far at getting to the truth behind the banking scandal, one of the MPs responsible for investigating the affair has admitted. Andrea Leadsom, whose forensic... »

From Jim Quinn ZeroHedge.com 07/08/2012 We are now three and one half years into Barack Obama’s presidency. I thought a few pertinent charts would help us assess the success of his economic policies. Upon his election he demanded an $800 billion stimulus package in order to keep the unemployment rate from surpassing 8%. The... »

All the bailout mechanisms under the sun cannot make the eurozone work. By Roger Bootle TelergraphUK 08 Jul 2012 Another week, another summit. This week’s shindig of EU leaders in Brussels will be bound to focus on efforts to shore up the euro. Once again, it is likely to disappoint. The main issue is... »

Wireless Firms Are Flooded by Requests to Aid Surveillance By ERIC LICHTBLAU NYTimes.com July 8, 2012 WASHINGTON — In the first public accounting of its kind, cellphone carriers reported that they responded to a startling 1.3 million demands for subscriber information last year from law enforcement agencies seeking text messages, caller locations and other... »

Alan Caruba CanadaFreePress.com Sunday, July 8, 2012 The use of Executive Orders (EO) goes back to the first President, George Washington. Every chief executive has issued them since then. Some have been historic, but the latest Executive Orders of President Obama are downright scary. The Executive Order signed on June 25 is titled “Russian... »

FarsNews.com 2012-07-08 TEHRAN (FNA)- A senior Iranian legislator announced on Sunday that the parliament plans to invite Secretary of the Supreme National Security Council (SNSC) Saeed Jalili as well as a number of foreign ministry and military officials to confer on a draft bill on closing the Strait of Hormuz to those tankers shipping... »

BBC.com 8 July 2012 The Syrian armed forces have been conducting “large-scale” manoeuvres to test their “combat capability and readiness”, Syrian state media report. The exercises showed Syria was able “to defend shores against any possible aggression”, according to state-run news agency Sana. Tensions along the border with Turkey have been raised after... »