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Last
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Wednesday, April 22, 2009
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Yesterdays Edition |
Citigroup's Profit Greeted With Skepticism Ending a
five-quarter losing streak, Citigroup reported profits of
$1.6 billion during the first three months of 2009. But
there were questions about how the banking giant achieved
the positive results.
U.S. bank lending drops in February despite bailouts: report
Banks that received the most U.S. government aid made or
refinanced 23 percent less in new loans in February, than in
October 2008, when the U.S. Treasury launched its Troubled
Asset Relief Program, the Wall Street Journal said, citing
its own analysis of Treasury Department data.
The Bankers Who Warned About 'Too Big To Fail' In their
2004 book, Gary Stern and Ron Feldman, top executives at the
Federal Reserve Bank of Minneapolis, cautioned the world
about systemic financial risk and the need for more
oversight. They admit to a fleeting sense of "I told you
so."
As Costs Fall, Companies Push to Raise Internet Price
Cable Internet providers want to implement tiered pricing to
charge more for heavy use, despite steady profits and the
companies’ falling costs.
Texas company: We want nation's radioactive waste A
Texas company is signaling its intent to turn a rural county
near New Mexico into the home of the only dump in the United
States that disposes of all classes of low-level radioactive
waste from around the country.
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Exxon Mobil tops Fortune 500
Exxon Mobil shoved aside Wal-Mart Stores to retake the top place
on the Fortune 500, proving that Big Oil was king of the economy
last year.
Unemployment climbs in 46 states California jobless rate
highest since beginning of WWII: 11.2%.
CIA torture exemption 'illegal' President Obama's decision
not to prosecute CIA agents who engaged in torture violates
international law, a UN expert says.
Why We Should Indict the Torture Memo Writers
Failure to prosecute could leave the
impression that the law can play favorites and that the options
differ depending on your station in life.
Pentagon closes 'propaganda' office Office responsible for
coordinating DoD info campaigns abolished.
CIA
Waterboarded Khalid Sheikh Mohammed 183 Times In One Month...
Abu Zubaydah 83 Times In One Month
njured war zone contractors fight to get care They're
crucial to U.S. military efforts in Iraq and Afghanistan, but
civilian workers wounded on the job must battle an insurance
system marked by long delays and high costs, an investigation
finds.
WATCH Ahmadinejad's Anti-Israel Tirade Spurs Western Walk-Out At
Conference |
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Connecticut
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Conn. gov allots $14 million for energy programs
Gov. M. Jodi Rell is directing $14 million from the state's
emission allowance auctions to a mix of entities that work on
energy conservation and clean energy programs.
Rell Never Says Never on Potential Income Tax Increase
Connecticut
loses 7,100 jobs in March
Little Connecticut Love for Dodd Senator Christopher Dodd
has raised a lot of money for his 2010 campaign... just not any
from our state.
Troopers Say Weigh Station Cuts Threaten Security As
Connecticut lawmakers tighten the budget belt, State Troopers
are worried some proposed cuts could jeopardize public safety.
Troopers oppose plans put forth by both Governor M. Jodi Rell
and majority...
Dodd taps Wall Street money for re-election Wealthy Wall
Street executives may be outcasts to some Americans, but not to
Democratic Sen. Chris Dodd.
3,500 business closings Nearly 3,500 businesses in the state
closed from January to March, the highest first quarter number
since the state began tracking closures in 2000, Connecticut
Secretary of the State Susan Bysiewicz said. |
Dodd Gets $44,000 In Campaign Contributions From
Payday Loan Industry U.S. Sen.
Christopher Dodd , who has won praise from consumer groups for
taking on credit card providers over predatory lending
practices, has collected thousands of dollars in donations from
people affiliated with the so-called payday loan industry.
CT treasurer authorized to borrow $700M The State Bond
Commission has authorized Connecticut's treasurer to sell up to
$700 million in bonds to raise cash to pay off this fiscal
year's bills.
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United States |
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Aryan Nations recruiting again in northern Idaho The Aryan
Nations has returned to northern Idaho with what it is calling a
"world headquarters" and a recruitment campaign.
Trial Begins for Anti-Transgendered Hate-Crime Murder
Ex-CIA chiefs slowed ‘torture memos’ release The Obama
administration's release of classified memos on harsh CIA
interrogations was delayed in part because of strenuous
objections from four former intelligence directors.
F.B.I. and States Vastly Expand DNA Databases The expansion
of DNA collection to include millions of people who have been
arrested or detained but not convicted is raising privacy
concerns
As Costs Fall, Companies Push to Raise Internet Price Cable
Internet providers want to implement tiered pricing to charge
more for heavy use, despite steady profits and the companies’
falling costs.
Federal Judge Rejects Obama DOJ’s Argument for Hiding Evidence
in Wiretapping Case While most of us were still reading or
recovering from the latest batch of gruesome
torture memos released by the Justice Department last week,
bmaz at
Emptywheel learned and reported that U.S. District Court
Judge Vaughn Walker issued his ruling in
the al-Haramain warrantless wiretapping case. In his order,
Judge Walker rejects the government’s latest attempt to defy the
court, hide the evidence of warrantless wiretapping, and begin
an interlocutory appeal to the Ninth Circuit.
What 420 Means: The True Story Behind Stoners' Favorite Number
US Marine arrested at Logan A US Marine was arrested today
at Logan International Airport after federal airport screeners
discovered a gun, bomb-making material
Consumers start feeling higher costs of clean fuel
Judge orders Bush to testify in lawsuit
Spy plane shows worth as flood-fighting tool |
CIA Director Asked to Preserve Secret Prisons Gitmo lawyer
wants evidence kept, says William Fisher
Texas company: We want nation's radioactive waste A Texas
company is signaling its intent to turn a rural county near New
Mexico into the home of the only dump in the United States that
disposes of all classes of low-level radioactive waste from
around the country.
State finds clinic reused supplies on patients More than
5,000 patients at a South Dakota urology clinic may have been
exposed to hepatitis and HIV after the facility reused
single-use medical products on them, state health officials said
Injured war zone contractors fight to get care They're
crucial to U.S. military efforts in Iraq and Afghanistan, but
civilian workers wounded on the job must battle an insurance
system marked by long delays and high costs, an investigation
finds.
Fox is the fast food of cable news programs No one should
take from Fox News’ high ratings that ratings alone means that
what it broadcasts is the truth. It is a bit like saying if
McDonald’s is the most popular restaurant, it must mean its food
is healthy.
Desert clash in West over solar potential, water A westward
dash to power electricity-hungry cities by cashing in on the
desert's most abundant resource - sunshine - is clashing with
efforts to protect the tiny pupfish and desert tortoise and
stinginess over the region's rarest resource: water.
CIA
Waterboarded Khalid Sheikh Mohammed 183 Times In One Month...
Abu Zubaydah 83 Times In One Month
America's Underinsured Are Swelling There's a growing class
of Americans known as the "underinsured." These are people who
have health insurance, but whose medical bills make up more than
10 percent of their annual income.
The Bankers Who Warned About 'Too Big To Fail' In their 2004
book, Gary Stern and Ron Feldman, top executives at the Federal
Reserve Bank of Minneapolis, cautioned the world about systemic
financial risk and the need for more oversight. They admit to a
fleeting sense of "I told you so."
ACLU threatens suit over gay web filtering 107 Tennessee
schools filter web sites that 'cater to gay issues.'
CIA interrogators inflated suspect's importance: NYT Senior
CIA officials ordered the first use of waterboarding and other
harsh treatment on an al Qaeda prisoner despite interrogators'
belief that the prisoner had already told all he knew, The New
York Times reported on Saturday
11 nations open naval warfare exercises off Fla. Navies from
the United States and 10 other countries on Monday launched two
weeks of war exercises off Florida's Atlantic coast that will
include training in combating piracy and drug smuggling
U.S. slaps sanctions on alleged terror leader The United
States imposed financial sanctions Monday on an alleged terror
leader accused of trying to carry out attacks
Despite heavy recruitment, CIA still short on bilingual staff
Just 13% of CIA employees speak a foreign language, according to
CIA data provided at USA TODAY's request.
You Would Pay for Any CIA Interrogator’s Legal Defense
There’s no shortage of criticism directed at President Obama’s
disinclination to prosecute CIA interrogators for torture, a
position he’ll surely reiterate during his visit later this
afternoon to CIA headquarters. Salon’s Glenn Greenwald
objected to the Obama administration’s position, and he also
rounded up similar objections from
Keith Olbermann,
Jonathan Turley,
John Dean and Bruce
Fein. (The United Nations special rapporteur for torture
said
failure to prosecute would violate U.S. treaty obligations.)
But an additional wrinkle is that a provision in a 2005 law
means that the American taxpayer would foot the bill for any
legal fees incurred by a CIA interrogator in a torture-related
civil action or criminal case. |
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Madoffed |
'Dancing' star, Indy driver acquitted on
tax evasion Brazilian race car
driver and "Dancing With The Stars"
champ Helio Castroneves was acquitted
Friday of most charges that he worked
with his sister and lawyer to evade more
than $2.3 million in U.S. income taxes.
Merkin got Madoff warning years ago
A former employee of hedge fund manager
J. Ezra Merkin claims Merkin was warned
about Wall Street swindler Bernard
Madoff years before losing tens of
millions of dollars of investors' money
in Madoff's Ponzi scheme, according to
court papers unsealed Friday.
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Politics |
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Texas Senate OKS stimulus money for unemployment
Little Guantanamo" - Secretive "CMU" Prisons Designed to
Restrict Communication of Jailed Muslims and Activists with
Outside World With little public scrutiny, the Bush
administration opened two secretive prisons in Indiana and
Illinois known as Communication Management Units, or CMUs, that
are designed to severely restrict prisoner communication with
family members, the media and the outside world. Dozens of
Muslim men are still being held at the CMUs, as well as other
prisoners, including environmental and animal rights activists.
We speak with attorneys for two men being held there, as well as
a reporter covering the story.
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U.S. to put conditions on TARP repayment: report Strong
banks will be allowed to repay federal bailout funds, but only
if such a move passes a test to determine whether it is in the
national economic interest, the Financial Times reported on
Sunday, citing a senior U.S. administration official.
Reporter: Wiretapping oversight nonexistent
Cap-and-Trade: All Pain, No Gain Higher energy prices. Lost
jobs. Strained household income. Minimal environmental benefits.
Lose-lose
U.S. bank lending drops in February despite bailouts: report
Banks that received the most U.S. government aid made or
refinanced 23 percent less in new loans in February, than in
October 2008, when the U.S. Treasury launched its Troubled Asset
Relief Program, the Wall Street Journal said, citing its own
analysis of Treasury Department data.
Congress may split tanker award despite Gates' "no" U.S.
lawmakers are puzzled by a Pentagon estimate that it would cost
$7 billion extra to split a potential $35 billion refueling
plane contract between two bidders, and say they may still move
forward on such a plan despite Defense Secretary Robert Gates'
vehement opposition.
Sources: Wiretap Recorded Rep. Harman Promising to Intervene for
AIPAC On Dec. 21, 2005, in the
midst of a firestorm of criticism about the wiretaps, Harman
issued a statement defending the operation and slamming the
Times, saying, "I believe it essential to U.S. national
security, and that its disclosure has damaged critical
intelligence capabilities." |
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Obama |
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CIA torture exemption 'illegal' President Obama's decision
not to prosecute CIA agents who engaged in torture violates
international law, a UN expert says.
Obama to regulate 'pollutant' CO2 The US government is to
regulate greenhouse gas emissions, having decided they pose a
danger to human health and well-being.
U.S.
May Convert Banks’ Bailouts to Equity Share Obama
administration officials say the approach will allow them to
shore up the nation’s banking system without seeking more money
from Congress.
Obama would regulate new 'bubbles' Obama is bracing
Americans for a recovery different than any in recent memory.
No taxpayer money for any bank "black hole": Obama U.S.
President Barack Obama said on Sunday that stress tests for the
country's top banks would show some need more public help than
others, but he vowed not to pour taxpayer money into a "black
hole."
WH pushing to reinstate gun ban A top National Rifle
Association official said the Obama administration is using the
increased publicity surrounding drug cartels in Mexico as an
opportunity to push for reinstating the ban on semi-assault
weapons. "They're trying to piggyback this whole phony issue on
the back of the tragedy in Mexico," said Wayne LaPierre,
executive vice president of the gun-rights group, on CBS' "Face
the Nation" on Sunday. In a speech in Mexico last week,
President Obama -- who on the campaign trail called for the ban,
which expired in 2004, to be reinstated |
Obama dismayed by Iran sentence President Obama is "deeply
disappointed" by an eight-year sentence given to an
Iranian-American journalist for spying.
U.S. to boycott U.N. racism conference
Interior won't challenge rule on guns in national parks The
Obama administration said Friday it will not appeal a federal
court ruling that prohibits carrying loaded guns in national
parks and wildlife refuges.
Obama says he'll cut wasteful programs
Emanuel makes it clear: No US prosecution of Bush officials
Summers: Obama will support 'credit card bill of rights'
Obama has confidence in auto task force head The White House
said on Friday President Barack Obama had full confidence in
Steven Rattner, the head of his auto task force who has been
linked to a probe into an alleged pension kickback scheme
Sarkozy calls Obama weak, 'not always up to standard'
Gingrich raps Obama on Chavez summit greeting Former House
Speaker Newt Gingrich charged Monday that President Barack
Obama's cordial greeting with Venezuela's Hugo Chavez sends a
poor message to enemies of America.
Obama says reaching out to enemies strengthens US Barack
Obama's mission to Latin America was about goodwill, and he came
home claiming progress, backed by leaders from the region who
took a liking to his here-to-listen style. But the real test
awaits.
U.S. can avoid bank nationalizations: White House |
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Economy
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Oregon and Michigan push past 12% jobless
Citigroup posts first profitable quarter since 2007 The
banking giant earned $1.6 billion in the first three months of
2009, benefiting from a surge in bond issuance.
Citigroup's Profit Greeted With Skepticism Ending a
five-quarter losing streak, Citigroup reported profits of $1.6
billion during the first three months of 2009. But there were
questions about how the banking giant achieved the positive
results.
California unemployment rate reaches 11.2%
Best Buy cuts wages, jobs |
Exxon Mobil tops Fortune 500 Exxon Mobil shoved aside
Wal-Mart Stores to retake the top place on the Fortune 500,
proving that Big Oil was king of the economy last year.
Unemployment climbs in 46 states California jobless rate
highest since beginning of WWII: 11.2%.
Men bear the brunt of US jobs lost The US recession has
opened up the biggest gap between male and female unemployment
rates since records began in 1948, as men bear the brunt of the
economy's contraction. Men have lost almost 80 per cent...maybe
its cause women get paid less. |
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Iraq
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Map of Iraq |
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Middle
East |
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More Turks in 'coup plot' charges Eight people are charged
in Turkey over an alleged plot to topple the government - making
150 in total.
Report: Hezbollah cell in Egypt planned to recruit Israeli Arabs
Egypt uncovers 5 smuggling tunnels near Gaza border
Second Kassam rocket in 24 hours hits w. Negev
Egypt state daily: Iran, Hamas, Hezbollah tried to overthrow
Mubarak A lengthy piece published on Saturday in Egypt's
official daily slams Iran, Hamas and Hezbollah, accusing them of
attempting to overthrow the regime of President Hosni Mubarak
Secret Cameras at Internet Cafes in Saudi Arabia Saudi
Interior Ministry [under Prince Na'if, who was recently
appointed as a second deputy prime minister, placing him third
in the ruling hierarchy] has required Internet cafés to install
secret cameras and provide written registry of names ...
Palestinians face dire water shortage: WB
Iran orders probe of jailed US journalist's case Iran's
judiciary ordered a full investigation Monday into the case of
an American journalist imprisoned for allegedly spying for the
U.S. and allowed the woman's parents to visit her for the first
time since she was sentenced to eight years in prison
Lib Dem donor linked to Israeli arms One of the Liberal
Democrats' most generous donors has been accused of accepting
tens of millions of pounds in kickbacks from an arms deal
between an Israeli company and the Indian government.
WATCH Ahmadinejad's Anti-Israel Tirade Spurs Western Walk-Out At
Conference |
Iran says its military might help regional security
President Mahmoud Ahmadinejad said Saturday a strong Iranian
military would help preserve stability in the Middle East, as
Iran marked its armed forces' day with a parade that appeared
more muted than in the past.
PA cop shoots Hamas lawmaker in Nablus Hamed Bitawi lightly
wounded when PA security officer opens fire on him; Hamas vows
retaliation.
Thousands protest arrests in coup plot People marched to the
mausoleum of secular Turkey's founder on Saturday to protest the
arrests of secularists accused of involvement in an alleged
plot to topple the Islamic-rooted government.
Bomb-throwing Palestinian shot A 16-year-old Palestinian was
fatally shot by Israeli troops after throwing firebombs at the
gate of a Jewish settlement in the West Bank, Israeli officials
said Saturday
Suspect in Hariri assassination arrested in Dubai One of the
suspects in the assassination of a former Lebanese prime
minister has been arrested in Dubai, an Arab diplomat said.
Thousands protest arrests in coup plot Thousands of people
marched to the mausoleum of secular Turkey's founder on Saturday
to protest the arrests of university professors and others
accused of involvement in an alleged plot to topple the
Islamic-rooted government.
Israeli settlers claim Golan Heights 'forever' (AFP) A
light drizzle falls on visitors watching stunning views of the
Golan unfold before them as settlers go all out to promote the
territory Israel seized from Syria in war in 1967. |
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Afghanistan |
Map of Afghanistan |
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State Department reviewing Dyncorp after death
The State Department is investigating DynCorp International,
which conducts police training in Afghanistan, over its handling
of an employee who died of a possible drug overdose and has
ordered the major U.S. contractor to replace its senior project
managers.
Karzai objects to direct U.S. talks with Taliban Afghanistan
President Hamid Karzai on Sunday said U.S. efforts to tame the
growing Taliban insurgency through negotiations would fail
unless his government agreed to such talks.
Russia ups presence at Kyrgyzstan base Russia has announced
plans to increase the number of aircraft at its air base in
Kyrgyzstan, adding to the number of troops it has there while
the United States begins a pullout from its own air base in the
country. |
5 suspected
militants killed
in Afghanistan
NATO-led forces
and Afghan
troops killed
three suspected
militants during
a raid Saturday
in central
Afghanistan,
where insurgent
attacks have
spiked this
year, officials
said. At least
two other
militants died
in an airstrike
in the south.
U.S. helps snare
top Afghan drug
lords Afghan
operations have
led to the
arrests of seven
of Afghanistan's
most wanted drug
lords and
revealed the
growing
involvement of
the Taliban in
turning opium
into heroin and
morphine,
Pentagon and
Drug Enforcement
Administration
officials said.
U.S. and Afghan
counternarcotics
teams last month
demolished a
poppy bazaar in
the southern
Helmand province
— an open market
where
traffickers sold
seeds to grow
top-quality
opium and
chemicals to
turn raw opium
into heroin. The
raid killed more
than 40 Taliban
militants in an
eight-hour
firefight, in
which
authorities
recovered
hundreds of
suicide vests,
rocket-propelled
grenades and
automatic
weapons
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Pakistan |
Map of Pakistan |
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Suicide bomb hits Pakistan police A suicide attack kills 27
people and injures dozens more at a police checkpoint in
north-western Pakistan, police say.
U.S. drone hits militant camp in Pakistan A missile fired on
Sunday by a pilotless U.S. drone struck a militant camp in
Pakistan's South Waziristan region on the Afghan border but
there were no reports of casualties, security officials said.
Clerics: Spread Shariah to all Pakistan
Officials: Violence kills 12 in northwest Pakistan |
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Asia |
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Jackie Chan's China remarks prompt backlash Action star
Jackie Chan's comments wondering whether Chinese people "need to
be controlled" have drawn sharp rebuke in his native Hong Kong
and in Taiwan.
India successfully launches spy satellite RISAT -2
Unemployed Japanese workers try farming |
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Europe |
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Dozens die in Russia insurgency
New figures show dozens of people have died in unrest in
Russia's Ingushetia region just as peace is declared in
Chechnya.
Toyota workers block production at French plant A court on
Friday convicted 9 workers at Caterpillar France of hampering
the freedom to work and 11 others of illegally occupying company
grounds, and ordered them all fined euro200 ($265) each time
they repeat such actions to protest layoffs.
Britain walks out of conference as Ahmadinejad calls Israel
'racist' |
France holds Eta 'military chief'
The top military leader of the Basque
separatist group Eta is arrested in
south-west France, the Spanish
authorities say.
Khodorkovsky refuses to enter plea on
new charges Imprisoned former oil
tycoon Mikhail Khodorkovsky refused
Monday to enter a plea in his new trial,
saying the embezzlement and
money-laundering charges against him are
so vague he can't even respond to them.
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Africa |
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Dutch forces free pirate captives
Dutch troops halt a Somali pirate attack on a tanker and free 20
people, but another ship is captured, this time a dredger.
Zimbabwe bank raided private accounts Zimbabwe's central
bank governor admitted today that he took hard currency from the
bank accounts of private businesses and foreign aid groups
without permission, saying he was trying to keep his country's
cash-strapped ministries running. |
Pirates released in latest sea attack
NATO forces rescued 20 fishermen from pirates who launched the
latest attack in the Gulf of Aden Saturday, but let the Somali
hijackers go because they had no authority to arrest them. |
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The Americas
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Bolivia gang 'fought in Balkans'
Two alleged mercenaries suspected of plotting to kill Bolivia's
president fought in the 1990s Balkan wars, officials say.
Chavez gesture makes obscure book a hit
Mexico says 8 killed in attack on police convoy
Fidel Castro say U.S. embargo against Cuba must go
Canadian accused of trying to export nuke parts A Canadian
man has been charged with trying to export nuclear technology to
Iran, his native country, police said Friday.
Few turn out in Haiti for delayed Senate election
Clear-plastic ballot boxes were nearly as empty as
Port-au-Prince's unusually deserted streets Sunday as few voters
turned out for Senate elections in which candidates from a major
populist party were not allowed to run. |
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