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December 31, 2007

Ron Paul indeed Out-Foxed (for now)

Fergus Cullen, chairman of the New Hampshire State Republican Committee, confirmed Sunday evening to the Tribune that, yes, there will be a televised Fox News presidential candidate forum on Jan. 6, and yes, Rep. Ron Paul was not invited when the other candidates were a week or so ago.”My understanding is that five candidates to that point had been offered spots but the event is still coming together,” Cullen said. The candidates invited to the forum/debate - whatever you want to call... 

December 31, 2007

Video: ‘The most conclusive evidence’ Bhutto was shot

On Sunday, UK’s Channel 4 news broadcasted a new video of the Bhutto assassination which they say “provides the most conclusive evidence yet that Benazir Bhutto was shot.”Although the Pakistani government officially claims that Bhutto died from hitting her head on the sunroof as she ducked into her car, evidence in the video drastically contradicts that account. The video shows a large crowd swarming around Bhutto’s car. A clean-shaven man in sunglasses is visibly watching,... 

December 31, 2007

Now we are human commodities

The corporation, it turns out, is an invention of the British Crown through the creation of the East India Company by Queen Elizabeth I in 1600, which, being the original, transnational corporation, set today’s precedence for big businesses. The East India Company, “found India rich and left it poor,” says author Nick Robin. The corporate structure of the East India Company was deemed necessary to allow the British to exploit their colonies in such a way that the owner of the enterprise... 

December 31, 2007

Orwell’s Proposed Preface to ‘Animal Farm’

This book was first thought of, so far as the central idea goes, in 1937, but was not written down until about the end of 1943. By the time when it came to be written it was obvious that there would be great difficulty in getting it published (in spite of the present book shortage which ensures that anything describable as a book will ‘sell’), and in the event it was refused by four publishers. Only one of these had any ideological motive. Two had been publishing anti-Russian books for years,... 

December 31, 2007

Special forces on standby over nuclear threat

US special forces snatch squads are on standby to seize or disable Pakistan’s nuclear arsenal in the event of a collapse of government authority or the outbreak of civil war following the assassination of Benazir Bhutto.The troops, augmented by volunteer scientists from America’s Nuclear Emergency Search Team organisation, are under orders to take control of an estimated 60 warheads dispersed around six to 10 high-security Pakistani military bases. Military sources say contingency plans... 

December 31, 2007

Gold edges up towards record highs on Pakistan unrest, low dollar

The price of gold rose above 843 dollars on Monday, close to its all-time high of 850 dollars, as the precious metal profited from political unrest in Pakistan and a weak dollar, dealers said.Gold prices, which have risen by nearly a third in 2007, climbed as high as 843.24 dollars per ounce in Monday trading but later slipped back to 840.75 dollars on the London Bullion Market. “Gold targets highs on flight-to-safety demand,” James Moore of thebulliondesk.com wrote in a research note... 

December 31, 2007

Conroy announces mandatory internet filters to protect children

Telecommunications Minister Stephen Conroy says new measures are being put in place to provide greater protection to children from online pornography and violent websites.Senator Conroy says it will be mandatory for all internet service providers to provide clean feeds, or ISP filtering, to houses and schools that are free of pornography and inappropriate material. Online civil libertarians have warned the freedom of the internet is at stake, but Senator Conroy says that is nonsense. He says the... 

December 31, 2007

From the sub-prime to the ridiculous: how $100bn vanished

It began with low-income Americans being encouraged to borrow mortgages they couldn’t afford.The economic butterfly effect would eventually cause deals worth billions of dollars to fall apart; the first run on a British bank in 140 years; some of the most powerful figures on Wall Street losing their jobs; wild gyrations on the markets; and dire warnings that the world is on the brink of recession. At the start of the year, stockmarkets were at six-year highs and £40bn worth of mergers and... 

December 31, 2007

Top economist says America could plunge into recession

Losses arising from America’s housing recession could triple over the next few years and they represent the greatest threat to growth in the United States, one of the world’s leading economists has told The Times.Robert Shiller, Professor of Economics at Yale University, predicted that there was a very real possibility that the US would be plunged into a Japan-style slump, with house prices declining for years. Professor Shiller, co-founder of the respected S&P Case/Shiller house-price... 

December 31, 2007

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