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source: Viroqua Institute
News
in bed with the red
crowd control
interpreting the constitution
Weather
spread of the red
number 162 07.20.08
| redstat archive |
| verbatim archive |
| D'Gary Tribute Page |
The White House has blocked a
Congressional subpoena seeking
documents related to the Justice
Department investigation of the
administration’s leak of the identity of
a CIA agent in 2003.
President Bush and Attorney General
Michael Mukasey invoked executive
privilege in denying members of the
House Committee on Oversight and
Government Reform access to reports
of FBI interviews with Vice President
Dick Cheney and other senior
administration officials thought to be
involved in the leak. Committee
members indicated that Mukasey is
likely to become the fourth Bush
Congressional subpoena seeking
documents related to the Justice
Department investigation of the
administration’s leak of the identity of
a CIA agent in 2003.
President Bush and Attorney General
Michael Mukasey invoked executive
privilege in denying members of the
House Committee on Oversight and
Government Reform access to reports
of FBI interviews with Vice President
Dick Cheney and other senior
administration officials thought to be
involved in the leak. Committee
members indicated that Mukasey is
likely to become the fourth Bush
appointee to be voted in contempt of
Congress this year.
California Democrat Rep. Henry
Waxman, who chairs the committee that
issued the subpoena, said in a statement,
“This unfounded assertion of executive
privilege does not protect a principle; it
protects a person. The president is
wrong to shield Vice President Cheney
from scrutiny.” Waxman told reporters
he would proceed with a contempt vote
as soon as all members of his committee
could be present. Mukasey provided the
legal opinion requesting Bush to assert
executive privilege in the matter,
creating what Senate Judiciary
Committee chairman Patrick Leahy (D-
Congress this year.
California Democrat Rep. Henry
Waxman, who chairs the committee that
issued the subpoena, said in a statement,
“This unfounded assertion of executive
privilege does not protect a principle; it
protects a person. The president is
wrong to shield Vice President Cheney
from scrutiny.” Waxman told reporters
he would proceed with a contempt vote
as soon as all members of his committee
could be present. Mukasey provided the
legal opinion requesting Bush to assert
executive privilege in the matter,
creating what Senate Judiciary
Committee chairman Patrick Leahy (D-
VT) called a clear conflict of interest.
The identity of undercover CIA
operative Valerie Plame was leaked
to the press in an effort to retaliate
against her husband, former US
diplomat Joseph Wilson, who had
publicly questioned the veracity of
statements made by Bush and
Cheney in the run up to the invasion
of Iraq. Special Prosecutor Patrick
Fitzgerald traced the leak to the
Office of the Vice President,
eventually obtaining a conviction
against Cheney chief of staff I. Lewis
“Scooter” Libby. Libby's 2 ½-year
prison sentence was commuted by
President Bush in 2007. it's all true
The identity of undercover CIA
operative Valerie Plame was leaked
to the press in an effort to retaliate
against her husband, former US
diplomat Joseph Wilson, who had
publicly questioned the veracity of
statements made by Bush and
Cheney in the run up to the invasion
of Iraq. Special Prosecutor Patrick
Fitzgerald traced the leak to the
Office of the Vice President,
eventually obtaining a conviction
against Cheney chief of staff I. Lewis
“Scooter” Libby. Libby's 2 ½-year
prison sentence was commuted by
President Bush in 2007. it's all true
Federal authorities have released a
scathingly critical report on
conditions at Cook County Jail, the
nation’s largest single-site facility,
concluding that overcrowding,
inadequate health care, and routine
abuse by guards have resulted in the
systematic violation of inmates’
constitutional rights. The report
details a host of problems at the
dilapidated complex on Chicago’s
West Side, from medical neglect that
has led to “preventable deaths,
amputation, hospitalizations, and
unnecessary harm,” to what US
Attorney Patrick Fitzgerald described
as a “culture of abuse” among the jail
guards. The facility houses about
10,000 inmates, mostly awaiting trial.
Cook County Sheriff Thomas J. Dart
rejected the findings, saying the
Justice Department report relied on
“inflammatory language” and
“hearsay from the inmates”.
Fitzgerald told reporters he hoped
to reach an agreement with Cook
County officials on a program to
rectify deficiencies at the jail, but that
a federal lawsuit was possible if the
efforts were insufficient. it's all true
scathingly critical report on
conditions at Cook County Jail, the
nation’s largest single-site facility,
concluding that overcrowding,
inadequate health care, and routine
abuse by guards have resulted in the
systematic violation of inmates’
constitutional rights. The report
details a host of problems at the
dilapidated complex on Chicago’s
West Side, from medical neglect that
has led to “preventable deaths,
amputation, hospitalizations, and
unnecessary harm,” to what US
Attorney Patrick Fitzgerald described
as a “culture of abuse” among the jail
guards. The facility houses about
10,000 inmates, mostly awaiting trial.
Cook County Sheriff Thomas J. Dart
rejected the findings, saying the
Justice Department report relied on
“inflammatory language” and
“hearsay from the inmates”.
Fitzgerald told reporters he hoped
to reach an agreement with Cook
County officials on a program to
rectify deficiencies at the jail, but that
a federal lawsuit was possible if the
efforts were insufficient. it's all true
White House Above the Law, Attorney General Beneath Contempt
Decrepit Chitmo Unfit
For Enemy Combatants
For Enemy Combatants
Treasury Secretary Henry Paulson made
the rounds of the television talk shows
on Sunday to discuss the federal bailout
plan for Fannie Mae and Freddie Mac and
to proclaim that the US banking system
is sound, capping another extraordinary
week for Washington’s top economic
policy makers. Intervention on behalf of
the Government Sponsored Enterprises
was necessitated after a sudden
institutional run depressed their share
prices and fueled rumors of insolvency at
the quasi-governmental agencies that
together hold or guarantee more than
80 percent of US home mortgage loans.
Also last week, the Securities and
Exchange Commission announced an
emergency measure prohibiting the short
selling of stocks in the GSEs and 17
other financial institutions, prompting
confusion on Wall Street and giving rise
to fears that troubled banks not
protected by the SEC order may soon
collapse.
Referring to the FDIC list of institutions
that may be in jeopardy of failure, which
currently numbers about 90 banks and
thrifts, Paulson told CBS News, “Of
course the list is going to grow longer
given the stresses we have in the
marketplace, given the housing
correction. But again, it’s a safe banking
the rounds of the television talk shows
on Sunday to discuss the federal bailout
plan for Fannie Mae and Freddie Mac and
to proclaim that the US banking system
is sound, capping another extraordinary
week for Washington’s top economic
policy makers. Intervention on behalf of
the Government Sponsored Enterprises
was necessitated after a sudden
institutional run depressed their share
prices and fueled rumors of insolvency at
the quasi-governmental agencies that
together hold or guarantee more than
80 percent of US home mortgage loans.
Also last week, the Securities and
Exchange Commission announced an
emergency measure prohibiting the short
selling of stocks in the GSEs and 17
other financial institutions, prompting
confusion on Wall Street and giving rise
to fears that troubled banks not
protected by the SEC order may soon
collapse.
Referring to the FDIC list of institutions
that may be in jeopardy of failure, which
currently numbers about 90 banks and
thrifts, Paulson told CBS News, “Of
course the list is going to grow longer
given the stresses we have in the
marketplace, given the housing
correction. But again, it’s a safe banking
system, a sound banking system. Our
regulators are on top of it. This is a very
manageable situation.” With regard to
the recent failure of California-based
IndyMac, that led to long lines of tense
depositors at several branches, the
Treasury Secretary reiterated that no
one has ever lost money on a federally
insured deposit.
Paulson denied that the rescue package
devised for Fannie and Freddie amounts
to a government bailout, even as he
urged Congress to quickly approve the
plan to provide essentially unlimited
liquidity to the GSEs. Some analysts have
predicted that the immediate cost of
salvaging the GSEs will exceed a trillion
dollars. New York University economics
professor Nouriel Roubini has argued
that the government will ultimately be
forced to nationalize home mortgages to
stabilize the banking and financial
services sectors.
The American Bankers Association
called on the SEC to broaden its order
to protect all US banks, writing in a
letter to the commission, "The
emergency order could further
exacerbate a loss of confidence in the
safety and soundness of this country's
banking industry." it's all true
regulators are on top of it. This is a very
manageable situation.” With regard to
the recent failure of California-based
IndyMac, that led to long lines of tense
depositors at several branches, the
Treasury Secretary reiterated that no
one has ever lost money on a federally
insured deposit.
Paulson denied that the rescue package
devised for Fannie and Freddie amounts
to a government bailout, even as he
urged Congress to quickly approve the
plan to provide essentially unlimited
liquidity to the GSEs. Some analysts have
predicted that the immediate cost of
salvaging the GSEs will exceed a trillion
dollars. New York University economics
professor Nouriel Roubini has argued
that the government will ultimately be
forced to nationalize home mortgages to
stabilize the banking and financial
services sectors.
The American Bankers Association
called on the SEC to broaden its order
to protect all US banks, writing in a
letter to the commission, "The
emergency order could further
exacerbate a loss of confidence in the
safety and soundness of this country's
banking industry." it's all true
Paulson a Day Late and a Trillion Dollars Short
| Dollar's losses against the Euro since December 2005 |
12.05 12.06 12.07 07.08
| .90 |
| .80 |
| .70 |
| .60 |
"A buddy of mine said, well,
what about the reefs?
what about the reefs?
verbatim 31.5
...So I'm concerned about
the reefs.
White House 07.15.08
the reefs.
White House 07.15.08
Satellite imagery shows that a
massive Antarctic ice shelf the
size of Connecticut is
disintegrating rapidly and may
soon split from the continent.
The 6000 square mile Wilkins Ice
Shelf is being melted by warm
ocean waters that are related to
overall global warming trends.
The disintegration of the ice shelf
is of particular concern because it
is the middle of winter in the
Southern Hemisphere.
The European Space Agency in
association with researchers from
the British Antarctic released
satellite imagery that shows the
shelf has visibly diminished over
the past few months.
Researchers from the British
Antarctic Survey said that the
Wilkins shelf “is the most recent
in a long and growing list of ice
shelves on the Antarctic Peninsula
that are responding to the rapid
warming that has occurred in this
area over the last 50 years.”
Scientists believe that warm
waters are rising from the depths
of the ocean and reaching the
underside of the shelf causing
thinning. The images showed
that the shelf is separating from
islands off the coast of the
continent increasing the stability
of the shelf and facilitating its
disintegration. Scientists had
predicted in the 1990s that the
ice shell would likely disintegrate
and shear from the continent in
30 years. Researchers report
that seven other Antarctic ice
shelves have collapsed over the
past 30 years including the Larsen
A and B shelves. it's all true
massive Antarctic ice shelf the
size of Connecticut is
disintegrating rapidly and may
soon split from the continent.
The 6000 square mile Wilkins Ice
Shelf is being melted by warm
ocean waters that are related to
overall global warming trends.
The disintegration of the ice shelf
is of particular concern because it
is the middle of winter in the
Southern Hemisphere.
The European Space Agency in
association with researchers from
the British Antarctic released
satellite imagery that shows the
shelf has visibly diminished over
the past few months.
Researchers from the British
Antarctic Survey said that the
Wilkins shelf “is the most recent
in a long and growing list of ice
shelves on the Antarctic Peninsula
that are responding to the rapid
warming that has occurred in this
area over the last 50 years.”
Scientists believe that warm
waters are rising from the depths
of the ocean and reaching the
underside of the shelf causing
thinning. The images showed
that the shelf is separating from
islands off the coast of the
continent increasing the stability
of the shelf and facilitating its
disintegration. Scientists had
predicted in the 1990s that the
ice shell would likely disintegrate
and shear from the continent in
30 years. Researchers report
that seven other Antarctic ice
shelves have collapsed over the
past 30 years including the Larsen
A and B shelves. it's all true
A recent survey found America has
slipped among industrialized countries in
many indices of human development
including life expectancy, education and
the per capita income. The American
Human Development Report also found
that there are significant differences in
levels of development in the United
States itself, with human development in
some areas of the country lagging behind
other areas by decades in terms of
growth and potential.
The report found that although the US is
the world’s largest economy, it has fallen
from second on the list of most
developed countries in 1990 to 12th
place this year. The study found that
America is 42nd in terms of life
expectancy even though Americans
spend vast amounts more for health care
than other countries, more than $5
slipped among industrialized countries in
many indices of human development
including life expectancy, education and
the per capita income. The American
Human Development Report also found
that there are significant differences in
levels of development in the United
States itself, with human development in
some areas of the country lagging behind
other areas by decades in terms of
growth and potential.
The report found that although the US is
the world’s largest economy, it has fallen
from second on the list of most
developed countries in 1990 to 12th
place this year. The study found that
America is 42nd in terms of life
expectancy even though Americans
spend vast amounts more for health care
than other countries, more than $5
billion every day. Americans live shorter
lives than citizens in Japan, Greece,
Singapore, South Korea and every
European country.
The study found that the US ranked
34th in terms of infants living past their
first birthday and a greater percentage of
American children live in poverty than in
any of the world’s wealthy countries.
The report said that 15 percent of
American children live in families that
earn less than $18,000 dollars a year.
Researchers also reported that 25
percent of 15-year olds in the US
performed at or below the lowest level
in math tests.
The study also reported “huge gaps” in
development within the US itself. The
author of the study, Sara Bird-Sharps,
said, “Some Americans are living
lives than citizens in Japan, Greece,
Singapore, South Korea and every
European country.
The study found that the US ranked
34th in terms of infants living past their
first birthday and a greater percentage of
American children live in poverty than in
any of the world’s wealthy countries.
The report said that 15 percent of
American children live in families that
earn less than $18,000 dollars a year.
Researchers also reported that 25
percent of 15-year olds in the US
performed at or below the lowest level
in math tests.
The study also reported “huge gaps” in
development within the US itself. The
author of the study, Sara Bird-Sharps,
said, “Some Americans are living
anywhere from 30 to 50 years behind
others when it comes to issues we all
care about; health, education and
standard of living.” The study
revealed that residents of
Connecticut live on average 30 years
longer than residents of Mississippi.
The study reviewed US government
data on health, education and
income integrating the statistics into
a single measurement that is used by
the UN in its yearly human develop-
ment index. The creator of the
index, Nobel Lauriat economist
Amartya Sen, said that the human
development index measures “the
basic development idea: namely,
advancing the richness of human life”
as opposed to simply looking at
economic development to gauge
human development. it's all true
others when it comes to issues we all
care about; health, education and
standard of living.” The study
revealed that residents of
Connecticut live on average 30 years
longer than residents of Mississippi.
The study reviewed US government
data on health, education and
income integrating the statistics into
a single measurement that is used by
the UN in its yearly human develop-
ment index. The creator of the
index, Nobel Lauriat economist
Amartya Sen, said that the human
development index measures “the
basic development idea: namely,
advancing the richness of human life”
as opposed to simply looking at
economic development to gauge
human development. it's all true
The Swiss banking company UBS has
announced it will cease offshore banking
services for its US customers and accept
no new accounts from US citizens. The
declaration came last week during Senate
hearings regarding the use of offshore
banking companies by wealthy US
citizens to shield their wealth to avoid
paying taxes.
Mark Branson, chief financial officer for
UBS Global Wealth Management and
Business Banking, told the committee
that his bank would fully cooperate with
US tax officials as it attempts to identify
US depositors who committed tax fraud
by hiding wealth in the banks offshore
accounts.
A report released by the Senate found
that wealthy Americans use the services
of UBS and other banks in both
announced it will cease offshore banking
services for its US customers and accept
no new accounts from US citizens. The
declaration came last week during Senate
hearings regarding the use of offshore
banking companies by wealthy US
citizens to shield their wealth to avoid
paying taxes.
Mark Branson, chief financial officer for
UBS Global Wealth Management and
Business Banking, told the committee
that his bank would fully cooperate with
US tax officials as it attempts to identify
US depositors who committed tax fraud
by hiding wealth in the banks offshore
accounts.
A report released by the Senate found
that wealthy Americans use the services
of UBS and other banks in both
Switzerland and Liechtenstein to shield
trillions of dollars. The investigation
found that 19,000 Americans hold $18
billion dollars in UBS accounts. Senator
Norm Coleman (R-WI) said American
depositors use offshore accounts to hide
“an estimated $1.5 trillion in American
assets, resulting in lost taxes of roughly
$100 billion.”
The hearing and investigation came
about after an employee of the LGT
bank in Liechtenstein provided 12,000
pages of documents regarding secret
bank accounts to tax authorities. US
authorities have initiated investigations
into 100 US depositors who are alleged
to have hidden wealth to avoid paying
taxes. The investigation is the first
time that US authorities have ever
probed the use of offshore tax havens
by wealthy Americans. it's all true
trillions of dollars. The investigation
found that 19,000 Americans hold $18
billion dollars in UBS accounts. Senator
Norm Coleman (R-WI) said American
depositors use offshore accounts to hide
“an estimated $1.5 trillion in American
assets, resulting in lost taxes of roughly
$100 billion.”
The hearing and investigation came
about after an employee of the LGT
bank in Liechtenstein provided 12,000
pages of documents regarding secret
bank accounts to tax authorities. US
authorities have initiated investigations
into 100 US depositors who are alleged
to have hidden wealth to avoid paying
taxes. The investigation is the first
time that US authorities have ever
probed the use of offshore tax havens
by wealthy Americans. it's all true
Despicable Disparities Define Dysfunctional Decade of Decline
Planet’s Shelf Life
Melting Away
Melting Away
Wealthy Americans an Army of Evaders