Tag: Six In The Morning

Seizing a Moment, Al Jazeera Taps Arab Anger  

The protests rocking the Arab world this week have one thread uniting them: Al Jazeera, the Qatar-based satellite channel whose aggressive coverage has helped propel insurgent emotions from one capital to the next.

Al Jazeera has been widely hailed for helping enable the revolt in Tunisia with its galvanizing early reports, even as Western-aligned political factions in Lebanon and the West Bank attacked and burned the channel’s offices and vans this week, accusing it of incitement against them.

Live Blog Of Egyptian Protests Here  

They’re Number1 In Guns And The NRA Likes It That Way Number2? Yemen  

Amid gun lobby criticism, assault weapons reporting rule delayed



The White House, facing fierce criticism from the gun lobby, has delayed approval of a proposed rule that federal law enforcement officials say could help them stanch the flow of U.S. assault rifles and other high-powered weapons to Mexico’s drug cartels.

The proposed rule, announced by Alcohol, Tobacco and Firearms acting director Kenneth Melson on Dec. 20,  would require U.S. firearms dealers in four southwest border states to report multiple sales of long guns, such as semi-automatic assault rifles which are frequently purchased by so-called “straw buyers” for the cartels. Melson had said he expected the proposed “emergency rule” would receive approval in early January 2011.

Next They’ll Be Charging You For The Oxygen You Breathe    

Airlines’ path for profits: Fly less, charge more

After a decade of multibillion-dollar losses, U.S. airlines appear to be on course to prosper for years to come for a simple reason: They are flying less.

By grounding planes and eliminating flights, airlines have cut costs and pushed fares higher. As the global economy rebounds, travel demand is rising and planes are as full as they’ve been in years.

Profit margins at big airlines are the highest in at least a decade, according to the government. The eight largest U.S. airlines are forecast to earn more than $5 billion this year and $5.6 billion in 2012.U.S. airlines are in the midst of reporting fourth-quarter results that should cap the industry’s first moneymaking year since 2007.

“The industry is in the best position – certainly in a decade – to post profitability,” says Southwest Airlines CEO Gary Kelly. “The industry is much better prepared today than it was a decade ago.”

The American Tax Payer Screwed Once Again    

Mortgage Giants Leave Legal Bills to the Taxpayers

Since the government took over Fannie Mae and Freddie Mac, taxpayers have spent more than $160 million defending the mortgage finance companies and their former top executives in civil lawsuits accusing them of fraud. The cost was a closely guarded secret until last week, when the companies and their regulator produced an accounting at the request of Congress.

The bulk of those expenditures – $132 million – went to defend Fannie Mae and its officials in various securities suits and government investigations into accounting irregularities that occurred years before the subprime lending crisis erupted. The legal payments show no sign of abating.

The Law Takes The Otherside      

Police join protests in Tunisia

Thousands of demonstrators including police officers, lawyers and students, have taken to the streets of Tunisia’s capital, Tunis, in another day of unrest in the North African country.

At least 2,000 police officers participated in Saturday’s demonstrations, according to the Associated Press news agency. They were joined by members of the national guard and fire departments.

Crowds gathered in front of the office of Mohamed Ghannouchi, the interim prime minister, and on Avenue Habib Bourguiba, the main street of Tunis.

The rally was the latest in a month of turmoil that toppled Zine El Abidine Ben Ali, Tunisia’s longstanding ruler, sending him into exile in Saudi Arabia on January 14.

Blackwater Invades Somalia Hoping To Bring The Same Tragedy And Destruction They Gave Iraq      

Blackwater founder sets up new force to tackle piracy

‘Prince of Mercenaries’ who wreaked havoc in Iraq turns up in Somalia

Erik Prince, the American founder of the private security firm Blackwater Worldwide, has cropped up at the centre of a controversial scheme to establish a new mercenary force to crack down on piracy and terrorism in the war-torn East African country of Somalia.

The project, which emerged yesterday when an intelligence report was leaked to media in the United States, requires Mr Prince to help train a private army of 2,000 Somali troops that will be loyal to the country’s United Nations-backed government. Several neighbouring states, including the United Arab Emirates, will pay the bills.

You Must Destroy It So You Can Destroy it More    



House GOP group proposes deep spending cuts over next decade

Congressional conservatives on Thursday demanded far more dramatic reductions in government spending than House GOP leaders have recently proposed, in the first sign of a fissure between old-guard Republicans and tea-party-backed newcomers.

Members of the conservative Republican Study Committee said the GOP must keep its campaign pledge to immediately slice at least $100 billion from non-defense programs, an effort that would require lawmakers to reduce funding for most federal agencies by a third over the next seven months. And the group called for even deeper cuts over the next decade to return non-defense spending to 2006 levels.

Let The Show Trials Begin After All Who Needs Real Jurisprudence      



U.S. Prepares to Lift Ban on Guantánamo Cases

WASHINGTON – The Obama administration is preparing to increase the use of military commissions to prosecute Guantánamo detainees, an acknowledgment that the prison in Cuba remains open for business after Congress imposed steep new impediments to closing the facility.

Defense Secretary Robert M. Gates is expected to soon lift an order blocking the initiation of new cases against detainees, which he imposed on the day of President Obama’s inauguration. That would clear the way for tribunal officials, for the first time under the Obama administration, to initiate new charges against detainees.

Who Cares If You Destroy The Environment Profit Margins Are At Stake      



Last refuge of rare fish threatened by Yangtze dam plans

The last refuge for many of China’s rarest and most economically important wild fish has mere days to secure public support before it is trimmed, dammed and ruinously diminished, conservationists warned today.

The alarm was raised after the authorities in Chongqing quietly moved to redraw the boundaries of a crucial freshwater reserve on the Yangtze, which was supposed to have been the bottom line for nature conservation in one of the world’s most important centres of biodiversity.

It’s OK You Can Tell Me I’m Hu Jintao! Really      



China Leader’s Limits Come Into Focus as U.S. Visit Nears

With President Hu Jintao at the helm, China has become a $5 trillion industrial colossus, a growing military force, and, it sometimes appears, a model of authoritarian decisiveness, navigating out of the global financial crisis and sealing its position as the world’s fastest rising power.

But as Mr. Hu prepares to visit Washington this week in an attempt to defuse tensions with the United States, Obama administration officials are grappling with what they describe as a more complex reality.