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Greece predicts deeper 2012 recession
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BBC News, by Staff
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Posted By: Photoonist- 10/1/2012 6:27:46 PM
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Greece is predicting its economy will shrink by much more than previously estimated this year. Its economy will contract by 6.5% this year, worse than a previous estimate of 4.8% in March suggested to its bailout lenders, it said in a draft budget submitted to parliament. Greece also said its economy will shrink for a sixth year in 2013. About 8bn euros worth of cuts have been proposed for 2013, covering public-sector pay, pensions and welfare. (Snip) Spending cuts are necessary if Greece is to get the next instalment of the funds from the IMF and eurozone that bailed it
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Obama Vs. Romney: Will October Bring a Political Surprise?
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ABC News, by Russell Goldman
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Posted By: Photoonist- 10/1/2012 6:22:53 PM
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Imagine the impact on the polls if just days before Election Day, negotiations between the president and Iran dramatically broke down, intensifying an already volatile situation and fueling rumors that his Republican challenger cut a deal with a hostile enemy power to influence the election. (Snip) Over the next 72 hours, Carter, who had been trailing Republican challenger Ronald Reagan by two points, dropped 10 points behind, and the "October surprise," a game-changing incident in the final days of the campaign, became firmly rooted in our political consciousness. "You can term any unexpected event in late October or early November
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Mahmoud Ahmadinejad's cameraman defects to US
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Telegraph [UK], by Mark Hughes & Adrian Blomfield
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Posted By: Photoonist- 10/1/2012 6:17:32 PM
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New York - Iran has suffered an embarrassing security setback after a cameraman who came to New York as part of President Mahmoud Ahmadinejad's official United Nations entourage defected and applied for asylum. Hassan Gol Khanban is thought to have planned his defection in advance of his trip to the United States, taking steps to have his family flee Iran in the hope that they too can gain asylum, his lawyer, Paul O'Dwyer, said. Mr Khanban, who is believed to have worked for the Iranian state broadcaster IRIB for several years, had accompanied Mr Ahmadinejad to New York to attend
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Merkel 'must tell the truth' over dire situation in Greece, warns opposition leader
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Daily Express [UK], by Emily Fox
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Posted By: Attercliffe- 10/1/2012 5:54:22 PM
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German Chancellor, Angela Merkel 'must tell the truth' over the dire situation in Greece, the leader of the opposition has warned. Peer Steinbrueck called for the Chancellor to come clean on the situation and admit that Germany will be paying for Greece's debts for a very long time. He said: "The chancellor must finally tell the German people the truth: Greece will not be able to borrow money on the capital markets in the coming seven or eight years. We will have to help it until then." Steinbrueck launched a tirade over Merkel's dealings with Greece claiming the Chancellor should stop
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Five reasons why Mitt Romney can win the first presidential TV debate (seriously)
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Telegraph [UK], by Peter Foster
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Posted By: Attercliffe- 10/1/2012 5:41:02 PM
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Wednesday’s first Presidential Debate in Denver should be a slam-dunk for Barack Obama: say what you like about his record as president, there can be no doubting Mr Obama’s silky brilliance as a campaigner and his ability to perform on the biggest stage. In fact, the bigger, the better. Mitt Romney, on the other hand, has proved (even by his own, wooden standards) a spectacularly inept presidential candidate: cloth-eared to the needs of ordinary Americans on the stump and strategically out-manoeuvred by Chicago who defined him early, and perhaps fatally, as a heartless plutocrat. So it should be a crushing
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Eric Hobsbawm: A believer in the Red utopia to the very end
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Telegraph [UK], by Michael Burleigh
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Posted By: Attercliffe- 10/1/2012 5:34:35 PM
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The grotesque facts never got in the way of Eric Hobsbawm’s devotion to communism. A few decades ago I almost had a conversation with Eric Hobsbawm, the Marxist historian who died yesterday aged 95. We were sitting in neighbouring chairs in a Cypriot barber’s in London’s Charlotte Street. The barber spoke of our common profession, but neither of us took the innocent prompt any further. Nor did we exchange a word a decade later at a dinner following a public lecture by Niall Ferguson, though we were at the same table, and Mrs Hobsbawm seemed chatty enough.
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Attorney General Eric Holder was 'armed' when he took part in protest at Columbia and occupied a school office for five days
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Daily Mail (UK), by Staff reporter
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Posted By: pineledger- 10/1/2012 4:38:28 PM
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Attorney General Eric Holder may have been armed when he and some fellow Columbia University students occupied an abandoned school office and demanded that it be rededicated to Malcolm X. Conservative news site The Daily Caller reported that when he was a sophomore at the Ivy League school, a then-20-year-old Holder was an active member of the Student Afro-American Society who fittingly sported a similar hair style at the time. They cite old student archives which allege that Holder and his fellow protestors were 'armed' when they took control of the then-abandoned office
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Spain Adds $32 Billion Power-System Bailout to Bank Rescue
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Jerusalem Post [Israel], by Ben Sills
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Posted By: Photoonist- 10/1/2012 4:32:54 PM
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Madrid - After Spain’s rescue of its banks and cash-strapped regions, the 2013 budget reveals a bailout of the power industry to cover 25 billion euros ($32 billion) of debt accumulated by the electricity system. The spending blueprint released two days ago adds 100 billion euros to the nation’s debt from the rescue packages by the end of 2012, driving its ratio to gross domestic product up 16.8 percentage points to 85.3 percent of total output. Power companies such as Iberdrola SA (IBE) and Gas Natural SDG SA (GAS) booked more revenue than they received from their clients for most
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How do you debate Obama? Make him own the economy
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Human Events, by David Harsanyi
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Posted By: Photoonist- 10/1/2012 4:21:59 PM
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It’s simple. During the upcoming debates, no matter what question is thrown at him, Mitt Romney has to dump the economy onto the lap of its rightful owner. The president, Romney might suggest, shouldn’t be judged on the economy he campaigned so hard to inherit, but the recovery he has botched. As it stands, Obama is the owner of the most pathetic economic revival in American history. A recovery so weak, it’s difficult to believe that voters even think of it as one. So, when the president starts unfurling his economic vision of growth through wind-powered fairness factories, Romney has
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The 'Obamaphone Lady'
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Wall Street Jounal, by James Taranto
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Posted By: BamaMan- 10/1/2012 4:19:03 PM
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This columnist both laughed and cringed at the "Obamaphone Lady" video that last week got wide play on YouTube, with boosts from Matt Drudge and Rush Limbaugh. It's one of a series of interviews someone using the handle RealFreedom1776 shot outside a Mitt Romney appearance in Bedford, Ohio, a Cleveland suburb. The Service Employees International Union was staging a protest against the Romney rally. The Obamaphone Lady, who as far as we know hasn't been otherwise identified, is a middle-aged black woman with a loud, gravelly voice.
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Elizabeth Warren’s lead over Scott Brown narrows to 2 points in WBUR poll
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Boston Globe, by Noah Bierman
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Posted By: Photoonist- 10/1/2012 4:13:09 PM
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As Senator Scott Brown and Elizabeth Warren prepare for their second debate tonight, a new poll shows Warren leading Brown by 2 percentage points — 46 percent to 44 percent, with 9 percent undecided in the hotly contested race. The WBUR/Mass Inc. poll of 504 likely voters taken Sept. 26- Sept. 28 is the seventh of nine surveys taken in September to show Warren, a Democrat and Harvard Law School professor, with a small lead over Brown, a Republican. But the results are well within the poll’s margin of sampling error of plus or minus 4.4 percent.
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Surprise! Obama ignores a law to aid his reelection
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New York Daily News, by Gabriel Malor
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Posted By: Photoonist- 10/1/2012 4:10:48 PM
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In case you missed it over the weekend, the Obama administration's Friday afternoon document drop was a memo from the Department of Labor telling defense contractors not to provide legally-required notice to thousands of employees that they are about to be laid off, if automatic spending cuts agreed to by the President and the Congress take effect. (Snip) When the administration first proposed this idea back in June, defense contractors patiently explained to the reelection-obsessed President that there is a law, the Worker Adjustment and Retraining Notification ("WARN") Act of 1988, that requires federal contractors to tell employees 60 days
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We are the 91%
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American Thinker, by Rosslyn Smith
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Posted By: Photoonist- 10/1/2012 4:06:47 PM
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The most important unnoted characteristic of telephone polls (on which most of the political journalism these days seems focused -- instead of on the economy) is that 91% of people refuse to participate in them. In other words, only 9% of the population is being heard in the polls. The data and analysis are laid out by Zombie at PJ Media: One of the most amazing - and significant - statistics of this election season has gone almost completely unnoticed: Only 9% of sampled households gave an answer to pollsters in 2012
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Polls Show Romney Gaining Ground, Winning Independents
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Breitbart's Big Government, by Mike Flynn
Original Article
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Posted By: Photoonist- 10/1/2012 4:03:31 PM
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The final act of the presidential campaign opens today with two new polls showing the race between Obama and Romney tightening. New polls, released this morning, from ABC/WaPo and Politico both show Obama's lead nationally has been cut to 2 points, 49-47. Also, in both polls, Romney leads Obama among Independents by 4 points. Obviously, if Romney is leading among independents by 4, yet trailing overall by 2 points, both polls have probably sampled more Democrats. Indeed, the WaPo poll is D+5. This is a big improvement over past WaPo polls, which assumed that Democrats would have a bigger turnout
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Mexican Teenagers Killed with Fast and Furious Weapons
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Breitbart's Big Government, by AWR Hawkins
Original Article
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Posted By: Photoonist- 10/1/2012 3:55:24 PM
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Confirmed: Weapons from Fast and Furious were used to gun down teenagers at a birthday party in Mexico in January 2010. As news breaks that 57 more Fast and Furious weapons have been found in Mexico, it is also being confirmed that some of those weapons were used to slaughter 14 Mexican teenagers and wound 12 more near Ciudad Juarez. According to reports, a group of armed commandos parked outside a birthday party attended by high school and college students on January 30, 2010, and opened fire with some of the weapons which had been smuggled across the border during
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Wind farms given £34m to switch off in bad weather: Households stung by secretive payments
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Daily Mail [UK], by Same Greenhill & Graham Grant
Original Article
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Posted By: Photoonist- 10/1/2012 3:50:34 PM
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Wind farm operators were paid £34million last year to switch the turbines off in gales. Two days last week saw householders effectively hand £400,000 to energy firms for doing nothing. The arrangement compensates wind farms for the National Grid’s inability to cope with the extra energy produced during high winds. The exact structure of the payments is mired in secrecy – even though families have to carry the cost in the form of higher power bills. (Snip) ‘Wind farms are already heavily subsidised and it is only right that all payments made to wind farms to reduce output are in
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Army Can’t Say What It Pays Disgraced General to Do
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Wired News, by Spencer Ackerman
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Posted By: Photoonist- 10/1/2012 3:39:47 PM
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What does Army Maj. Gen. William “Kip” Ward do for a living? The Army doesn’t seem to know. It knows where Ward works: He’s an assistant to Gen. Lloyd Austin, the Army’s vice chief of staff. But substantively, the Army seems to have no idea what Ward does for his money. After a week of research, the Army’s public relations office couldn’t come up with an answer. “The Army declines to comment on what Gen. Ward’s duties are,” George Wright, the Army’s deputy director of media relations, tells Danger Room It’s an unlikely position for Ward, who 18 months ago
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White House confirms cyberattack
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Politico, by Tim Mak
Original Article
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Posted By: Photoonist- 10/1/2012 3:36:50 PM
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The White House confirmed but sought to downplay a report by a conservative website on Sunday that it had been the victim of a cyberattack, volunteering to Politico that no harm had been done. The Washington Free Beacon reported that Chinese hackers had attacked a computer system in the White House Military Office. A White House official speaking on background late Sunday confirmed there was an attempted hack but said that it affected an unclassified network, was “isolated” and that there was no evidence that any data had been stolen.
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Is Obama harboring a Bolivian rights abuser?
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Global Post [Boston], by Simeon Tegel
Original Article
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Posted By: Photoonist- 10/1/2012 3:32:28 PM
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Lima, Peru - Bolivia’s fraught relationship with the United States has nosedived again after Washington’s apparent refusal to extradite former President Gonzalo Sanchez de Lozada back to the South American country. Sanchez de Lozada is wanted in his homeland over the slaying in October 2003 — 15 months into his second presidential term — of dozens of protesters against his plans to export Bolivia’s oil and gas reserves. (Snip) Morales, an ally of Venezuelan President Hugo Chavez, said he had received a letter from the US government justifying the decision on the grounds that “civil society cannot be held responsible
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Missing sword returns to NH Marine after 43 years
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Union Leader [Manchester, NH], by Paul Feely
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Posted By: nhchemist- 10/1/2012 3:31:34 PM
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TEMPLE — Flooded with political survey and endorsement calls, Nancy Cowan almost ignored the phone last Friday when an out-of-state number popped up on Caller ID. She changed her mind and answered it — and the call changed her life. The call came from Rob McGann of Billerica, Mass., asking for Nancy’s husband James. McGann claimed to have something that belonged to him, an item missing for 43 years, that he was looking to return to its rightful owner, one former Marine to another — Jim’s Marine NCO sword, lost during a move in North Carolina 43 years ago.
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Why Is Benghazi Still Being Treated as a Law Enforcement Issue?
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Commentary Magazine, by Alana Goodman
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Posted By: StormCnter- 10/1/2012 3:29:50 PM
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It’s been over 20 days since the attack in Libya, and while the Obama administration has finally acknowledged that it was an act of terrorism, it’s still being handled as a law enforcement issue. Reports indicate that the FBI still hasn’t been able to get into Benghazi to investigate, due to security concerns — concerns that are apparently very new, since the consulate was not heavily secured before the attack. Sen. Bob Corker sent a letter to the administration yesterday, demanding to know when and why the security situation became so perilous in Benghazi
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Baird tells UN it spends too much time looking at itself
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Canada Free Press, by Lee-Anne Goodman
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Posted By: Photoonist- 10/1/2012 3:26:50 PM
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New York - Foreign Affairs Minister John Baird delivered a scathing rebuke Monday to the United Nations, taking to the podium at the General Assembly to scold the UN for its failures and inefficiencies. The UN’s shortcomings are particularly evident in its inability to stop the bloodshed in Syria, said Baird, who spoke to a largely empty and seemingly disinterested chamber. “The crisis in Syria is a test of this organization’s ability to achieve results,” Baird said. (Snip) The UN spends too much time in self-examination, he continued, and needs instead to focus on the problems around the world that
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Court in New Term Weighs Same-Sex to Race-Related Laws
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Bloomberg News, by Greg Stohr
Original Article
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Posted By: Photoonist- 10/1/2012 3:22:37 PM
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Washington - The U.S. Supreme Court will confront social issues that have divided the nation for decades in a new term that may produce its first ruling on gay marriage and a rollback of protections for racial minorities. (Snip) The affirmative action case, to be argued Oct. 10, gives the court’s Republican-appointed majority a chance to cut back racial preferences. Abigail Fisher, a white woman rejected by the University of Texas, says the school violated her constitutional rights by considering race as an admissions factor to boost black and Hispanic enrollment. Fisher’s appeal takes aim at the court’s 2003 Grutter
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Ikea ‘regrets’ deleting women from Saudi version of catalogue
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Associated Press, by Karl Ritter
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Posted By: Photoonist- 10/1/2012 3:19:46 PM
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Stockholm - Ikea is being criticized for deleting images of women from the Saudi version of its furniture catalogue, a move the company says it regrets. Comparing the Swedish and Saudi versions of the catalogue, Stockholm’s Metro newspaper on Monday showed that women had been airbrushed out of otherwise identical pictures showcasing the company’s home furnishings. The report raised questions in Sweden about Ikea’s commitment to gender equality, and the company released a statement expressing “regret” over the issue.
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Obama vs. Obama at debates
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Politico, by Glenn Thrush
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Posted By: StormCnter- 10/1/2012 3:16:31 PM
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LAS VEGAS — President Barack Obama’s most dangerous opponent in the trio of upcoming presidential debates isn’t Mitt Romney. It’s himself. (Snip)“This is not a guy who can hide his contempt, and the only thing that can really hurt is if he’s smug and thinks he’s got this in the bag,” said a Democrat close to the Obama campaign, echoing the sentiments of several other aides and advisers heading into Wednesday’s inaugural debate against Romney at the University of Denver. “The other danger for us is expectations. … People expect him to kill Romney.
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Why are people fleeing California?
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Human Events, by Steven Greenhut
Original Article
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Posted By: Photoonist- 10/1/2012 3:15:32 PM
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Sacramento - Not long ago, I penned a case for staying in California, arguing that there’s nothing wrong here that isn’t fixable. California, blessed by magnificent and varied geography, mild weather and an “anything’s possible” culture, suffers mainly from a political process controlled by union advocates (Snip) The most troubling thing I’ve seen is the delusion embraced by the state’s dominant Democrats, who really believe that California is only one massive tax increase away from being fixed. “Maybe I know too much about this stuff, but we’re in a recovery, a slow recovery, and it’ll keep recovering with any luck,”
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