News of the Week
War & Terror *************** Companies Trading With Iran Hidden by U.K. By Erik Larson The U.K. government is determined to keep secret British companies that applied to sell goods with potential military uses to Iran, saying international banks are under U.S. pressure to drop them as clients. *************** 31 U.S. troops killed in Afghan crash By ASSOCIATED PRESS KABUL, Afghanistan—A helicopter crash in Afghanistan’s eastern Wardak province ended in the death of 31 U.S. special operation troops and seven Afghan soldiers, the country’s president said Saturday. It was the highest number of American casualties recorded in a single incident in the decade-long war. *************** The Questions No One is Asking About the Turkish Military Claire Berlinski, Ed. As you've all by now heard, Turkey's Chief of the General Staff and the Commanders of the Army, Navy and Air Force resigned. This is unprecedented in the history of the Turkish Republic. National *************** Dieting forces brain to eat itself, scientists claim Dieters struggle to lose weight because a lack of nutrition forces their brain cells to eat themselves, making the feeling of hunger even stronger, scientists claim. *************** Teachers union disavows internal memo endorsing deception of parents By: Joy Pullman American Federation of Teachers officials have disavowed an internal report after it was posted on the union's website following its annual conference, embedded on each of its 19 pages with the union's logo and signed by a union official. *************** Witnesses describe mobs, some people claim racially-charged attacks By Jay Sorgi and the WTMJ News Team *************** When Obama Hands You Lemons . . . . . . the state enforcers won’t let you make lemonade. By Mark Steyn *************** August 20: Lemonade Freedom Day The trend of local governments shutting down children’s summertime lemonade stands is one that’s worth resisting *************** Raw Food Raid: Armed Agents Bust Raw Milk & Cheese Sellers Breaking news: Multi-agency armed raid hits Rawesome Foods, Healthy Family Farms for selling raw milk and cheese *************** At the Wisconsin State Fair: A man shouts "sic semper tyrannis" at Governor Scott Walker. *************** Leftist fantasizes about armed take-over & execution of Republicans Economy
& Taxes *************** French court orders probe of IMF chief Lagarde By CECILE BRISSON PARIS (AP) — A French court on Thursday ordered an investigation into new IMF chief Christine Lagarde's role in a $400 million arbitration deal in favor of a controversial tycoon. *************** Another European Domino? *************** Right Answer, Wrong Question Taxes and spending are only symptoms of the real problem. *************** Flirting with the Great Depression 2.0 By Alan Caruba “Credit rating agency S&P has downgraded U.S. debt from AAA, the first debt downgrade in U.S. history, the Associated Press reported.” *************** Explaining How The Just Announced ECB Market Rescue Pledged 133% Of German GDP To Cover All Of Europe's Bad Debt Submitted by Tyler Durden Two weeks after Zero Hedge readers were informed about it, slowly the sell side is coming to the realization that not only will the EFSF have to be expanded (that much was known), but that Germany, and specifically the outright economy, will be on the hook by an unprecedented amount of money. *************** S&P downgrades U.S. credit rating for first time By Zachary A. Goldfarb Standard & Poor’s announced Friday night that it has downgraded the sterling U.S. credit rating for the first time. *************** US borrowing tops 100% of GDP: Treasury US debt shot up $238 billion to reach 100 percent of gross domestic project after the government's debt ceiling was lifted, Treasury figures showed Wednesday. *************** Fiscal Conservatives Barred from Supercommittee Will Senate Republicans be able to prevent tax hikes? By STEPHEN F. HAYES The debt ceiling deal will pass the Senate early this afternoon. No suspense there. But the vote will be worth watching for another reason: Three Republican Senate sources tell TWS that senators who vote against the deal will be ineligible to serve on the so-called “supercommittee” for deficit reduction that the legislation creates. *************** Spain PM Zapatero Delays Vacation To Deal With Economic Woes *************** Great news: Service industry now slowing down, too On Monday, the Institute for Supply Management reported a significant drop in its measure for manufacturing activity in a first glance at economic performance in the third quarter of 2011. *************** International *************** Swedish man caught trying to split atoms at home STOCKHOLM (AP) -- A Swedish man who was arrested after trying to split atoms in his kitchen said Wednesday he was only doing it as a hobby. *************** Did rock-throwing teenage girl's 'beating' by police spark London riots? Pictures that show how Tottenham turned into a war zone *************** Opinion *************** Obama: Still the Alinskyite By Stanley Kurtz Here’s my take on the puzzle of Obama’s leadership style. Obama is still every inch the Alinskyite organizer. He talks about uniting, even as he deliberately polarizes. He moves incrementally toward radical left goals, but never owns up to his ideology. Instead, he tries to work indirectly, by way of the constituencies he seeks to manipulate. *************** Democrats Also Need a Presidential Primary in 2012 By Froma Harrop Ed Rendell, do you have plans for 2012? Hillary Clinton? If you, the former Democratic governor of Pennsylvania, or you, the secretary of state, are free next year and wouldn't mind, would you please launch a primary challenge against President Obama? *************** America, Unbroken The divisive debt-ceiling debate is a sign that the system is working. *************** Rand Paul:Why I Oppose the Debt Ceiling Compromise WASHINGTON, D.C. - Today Sen. Rand Paul issued an open letter on the subject of the debt ceiling compromise facing the Senate. Below is that letter. *************** |
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