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Pentagon Gives Blackwater New Contract

A U.S.-based private security firm received a contract worth up to 92 million dollars from the Department of Defense amid hard questions about its involvement in two separate violent incidents in Iraq.”Blackwater has been a contractor in the past with the department and could certainly be in the future,” said the U.S.’s top-ranking military officer, General Peter Pace, at an afternoon press conference here. The future arrived just two hours later when the Pentagon released a new... 

Ron Paul @ PBS Debate

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Bush, Clinton, Bush … Clinton?

WASHINGTON - Forty percent of Americans have never lived when there wasn’t a Bush or a Clinton in the White House. Anyone got a problem with that?With Hillary Rodham Clinton hoping to tack another four or eight “Clinton” years on to the Bush-Clinton-Bush presidential pattern that already has held sway for two decades, talk of Bush-Clinton fatigue is increasingly cropping up in the national political debate. The dominance of the two families in U.S. presidential politics is unprecedented.... 

Attack on Iran Said To Be Imminent

UNITED NATIONS - In a sign that U.N. Security Council-based diplomacy is losing steam, a number of sources are reporting that a military strike against Iran’s nuclear facilities may be imminent. France and America also are pushing for tighter economic sanctions against Tehran, without U.N. approval.Yesterday’s edition of Le Canard Enchaîné, a French weekly known for its investigative journalism, reported details of an alleged Israeli-American plan to attack Iran’s nuclear facilities.... 

Anti-Crime Unit To Carry Submachine Guns On Central Fla. Streets

Local 6 | Thursday, September 27, 2007 ORLANDO, Fla. — Members of the Orange County anti-crime unit will carry automatic submachine guns to combat heavily armed criminals roaming Central Florida streets. Sheriff’s deputies who patrol areas around South Orange Blossom Trail have the same stories to tell, going up against criminals with powerful guns almost every night, Local 6 reported. “(It’s) a simple concept: Where there’s drugs, there’s going to be guns,”... 

Oil Prices Fall As Selling Sinks Rally

NEW YORK (AP) — Oil futures rose above $83 a barrel on Friday, approaching record territory as the steadily weakening dollar drew buyers into commodity markets.The resumption of attacks on oil workers in Nigeria also supported prices, but most analysts said the most significant factor driving oil prices were currency markets and buying by investment funds. “There’s definitely been a flow of fund buying here,” said Tim Evans, an analyst at Citigroup Inc. in New York. Oil and... 

Gold hits 28-year high

Reuters | Atul Prakash | Friday, September 28, 2007 LONDON (Reuters) - Gold jumped 1.6 percent to a 28-year high on Friday, boosted by a record low dollar and firmer oil prices, while platinum reached a 10-month peak and looked to test an all-time high. Spot gold rose as high as $745.50 an ounce, its highest level since January 1980 when the metal rose to $850, and was quoted at $744.35/745.05 by 10:03 a.m. It closed at $733.80/734.60 in New York late on Thursday. “The euro/dollar is still... 

Rep. Pelosi criticizes border fence

AP | Friday, September 28, 2007 EDINBURG, Texas (AP) - House Speaker Nancy Pelosi called a plan to build fencing along parts of the Mexico border a “terrible idea” that overlooks local communities. Pelosi made the comments during her trip to the Rio Grande Valley for the annual Hispanic Engineering, Science & Technology Week conference at the University of Texas-Pan American. “I have been against the fence, I thought it’s a bad idea even when it was just a matter of discussion,”... 

Freddie Mac chief warns of recession

FT | Saskia Scholtes, David Wighton and Stacy-Marie Ishmael in New York | Friday, September 28, 2007 The US economy faces a 40 to 45 per cent risk of recession induced by the housing market downturn, the chief executive of Freddie Mac warned on Thursday as data showed sales of new homes hit a seven-year low in August. Richard Syron, chief executive of the government-sponsored mortgage company, said the credit squeeze had left some parts of the US housing market “literally frozen”. This... 

EU’s Almunia says worried by dollar’s fall

Reuters | Jon Boyle | Friday, September 28, 2007 European Union Monetary Affairs Commissioner Joaquin Almunia said he was concerned by the dollar’s fall and urged the United States to match its stated support for a strong dollar with action. “It’s true that the fall in value of the dollar worries us,” Almunia said in an interview with the Le Figaro newspaper published on Friday. U.S. Treasury Secretary Henry Paulson said on September 21 that a strong U.S. dollar was in American... 

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