TARP also bailed out foreign banks
Posted by admin / Under Foreign Trade Of The United StatesU.S. taxpayers gave $300 billion to bail out U.S. banks, which ultimately helped rescue foreign banks in a globalized system.
SPIEGEL Interview with Iran's Foreign Minister'The West Lacks Political Maturity'
Posted by admin / Under Foreign Trade Of The United StatesIn a SPIEGEL interview, Iranian Foreign Minister Manouchehr Mottaki, 57, discusses the stoning of adulterers, the consequences of Western sanctions against Iran and the risk of a military strike against his country.SPIEGEL: Mr. Foreign Minister, you are the senior diplomat of the Islamic Republic of Iran. You represent a nation that prides itself on a cultural history stretching back more than 2,500 years. Don't you find it shameful that people are stoned to death in your country? Manouchehr Mottaki: You come from a country that murdered millions of people during a tyrannical war, and you want to talk to me...
Obama's foreign funny money
Posted by admin / Under Foreign Trade Of The United StatesWhen President Obama speaks about campaign contributions, it's hard to know which is worse: his hypocrisy or his mendacity. Let's start with the latter. In his weekly radio address on Saturday, the president went on about the supposed effects of the Supreme Court's January decision in the Citizens United case, which loosened restrictions on certain types of corporate political activity. Mr. Obama warned of a "corporate takeover of our democracy." With plenty of melodrama, he complained about "a flood of attack ads run by shadowy groups." He even claimed, "You don't know if it's a foreign-controlled corporation."
Watchdog Panel Cites Global Impact of U.S. Bailout (Stimulus $$ in overseas banks)
Posted by admin / Under Foreign Trade Of The United StatesWASHINGTON -- The $700 billion U.S. bailout program launched in response to the global economic meltdown had a far greater impact overseas than other countries' financial rescue plans did on the U.S., according to a new report from a congressional watchdog. Billions of dollars in U.S. rescue funds wound up in big banks in France, Germany and other nations. That was probably inevitable because of the structure of the Treasury Department's program, the Congressional Oversight Panel says in a new report issued Thursday. The U.S. program aimed to stabilize the financial system by injecting money into as many banks as...
Bias against Israel in 'Foreign Affairs' [CFR]
Posted by admin / Under Foreign Trade Of The United StatesClick The Picture To Enlarge I had an initial rough scan of this forwarded to me by a very respected elder Jewish friend and historian. He wrote: "In the current issue of FOREIGN AFFAIRS, the foreign policy journal put out by the Council on Foreign Relations, this full page, color ad appeared on the inside back cover. Look at it carefully. See who is designated as "Resistance" and who is designated as bring "Stability" to the situation. In the upside down, topsy-turvy world of double-speak this is being promulgated via every library in the U.S. as well as in...
Control of U.S. territory by foreign criminals
Posted by admin / Under Foreign Trade Of The United StatesGrowing efforts by Mexican narcotics cartels to gain political control over regions where they dominate trafficking has led to violence in many parts of Mexico, especially in the Mexican border cities and along major shipping routes. But as I have been warning since I wrote in 1995, the money acquired by the criminal gangs is not just going to support their operations. It is being used to buy government, and assume the role of government, on both sides of the border. The problem was well presented in A Lawyer's View of the Justice System, Joseph H. Delaney, July/August, 1999, issue...
Lebanon, Israel clash near border; at least 4 dead
Posted by admin / Under Foreign Trade Of The United StatesADEISSEH, Lebanon Lebanese and Israeli troops exchanged fire Tuesday in a fierce border battle that killed a senior Israeli officer, two Lebanese soldiers and a journalist underlining how easily tensions can re-ignite along the frontier where Israel and Hezbollah fought a war four years ago. It was the worst fighting since 2006 in the area, where Israeli and Lebanese soldiers patrol within shouting distance of each other, separated by the U.N.-drawn Blue Line boundary. The fighting flared into Israeli tank, helicopter and artillery strikes near this Lebanese town, but ended after several hours and there was no sign...
Chinese Manufacturing Continues To Wind Down
Posted by admin / Under Foreign Trade Of The United StatesBEIJING (AP) Expansion of Chinese manufacturing activity slowed for the third month in July, as production, new orders and purchasing prices all declined, a survey showed Sunday. The state-affiliated China Federation of Logistics and Purchasing said its purchasing managers index, or PMI, fell to 51.2 in July from 52.1 in June. Numbers above 50 show manufacturing activity expanding. The index, an indicator of future manufacturing trends, has remained above 50 for 17 straight months after slowing in late 2008 and early 2009. It was 53.9 in May and 55.7 in April. Areas such as production, new orders and purchasing...
Iraq's monthly death toll in July rises to highest level in two years
Posted by admin / Under Foreign Trade Of The United StatesIraq's monthly death toll in July climbed to its highest level in more than two years, as the country's political process is still paralyzed about five months after the country's parliamentary elections. [snip] U.S. forces have pulled out of Iraqi cities and are working to formally end combat operations by Sept. 1 of this year, cutting the U.S. military force to 50,000.
Obama Places U.S. Under UN's LOST Treaty with Executive Order for "National Council Of Oceans"
Posted by admin / Under Foreign Trade Of The United StatesThirty states will be encroached upon by Obama's Executive Order establishing the National Ocean Council for control over America's oceans, coastlines and the Great Lakes. Under this new council, states' coastal jurisdictions will be subject to the United Nations' Law Of Sea Treaty (LOST) in this UN Agenda 21 program. America'a oceans and coastlines will be broken into 9 regions that include the North East, Mid-Atlantic, South Atlantic, the Gulf Coast, West Coast, the Great Lakes, Alaska, the Pacific Islands (including Hawaii) and the Caribbean.... Because of the decades of difficulty that the collectivists have had trying to ratify the...



