Translator

By N2H

Please Circulate

The S.... Flu

What Really Happened

• Abu Zubaydah’s Torture Diary
  To coincide with the publication of my article, "What Torture Is, and Why It’s Illegal and Not 'Poor Judgment,’" in which I revisited the scandalous whitewash of the Justice Department report into the conduct of John Yoo and Jay Bybee (the lawyers who sought to redefine torture in the notorious "torture memos" of August 2002), I […]
• Flyer calls on non-Jews to 'leave the land'
  Right-wing ultra-orthodox Jews handed out Arabic fliers calling on "non-Jews to leave the land of Israel," in the streets of Jerusalem on Sunday, witnesses reported. The fliers, quoting Torah and Qur'an, used scripture to urge Palestinians living in the city to leave. "The Old Testament says the land of Israel is small and belongs to Jews […]
• Top Ratings Agency Warns Austerity Riots Could Hit America
  Soaring debt costs will undoubtedly force governments to continue to devalue their currencies in a desperate attempt to reduce the burden. This will inevitably result in runaway inflation that will devastate the value of major currencies and eviscerate savings and pensions. The cost of living will accelerate and taxes will be raised as the people continue to […]
• 'U.S. administration is ignoring a host of Palestinian provocations'
  Republican Whip Cantor (R-VA) called the U.S. reaction to the Israeli announcement "irresponsible." "In an effort to ingratiate our country with the Arab world, this administration has shown a troubling eagerness to undercut our allies and friends," Cantor said. "Israel has always been committed to the peace process, including advoc […]
• Miliband says Security Council on same page on Iran
  Foreign Secretary David Miliband said on a visit to China Monday that the veto-wielding members of the UN Security Council were on the same page on how to tackle Iran. Miliband's comments came ahead of talks in Beijing with Chinese leaders which he said would focus on efforts to resolve the international standoff over Tehran's disputed nuclear driv […]
• China takes over from West as Iran's main economic partner
  China has emerged as Iran's top economic partner, investing heavily in the energy sector and filling the gaps left by Western firms forced out by international sanctions. In 2009, China became Iran's premier trade partner, with bilateral trade worth 21.2 billion dollars against 14.4 billion dollars three years earlier. WRH permalink

JS Mineset

• In The News Today
  Thought For This Afternoon: The US dollar/euro intervention by the Forex Stabilization Fund to prevent the Chairman from looking bad so far is anaemic. Click chart to enlarge in PDF format . Jim Sinclair’s Commentary Remember December’s BS? Keep this in mind as you hear more of the same. The US dollar is no safe haven. Gold will reach $1650 [.. […]
• Jim’s Mailbox
  Dear CIGAs, Over the past seven years I have told you many things that have not been too wrong. Here is the top of the heap of strange goings on in finance. How many of your mortgages have been securitized multiple times? What if your servicer folded? The real owner of the mortgage might just knock [...]
• Hourly Action In Gold From Trader Dan
  Dear Friends, Today was another case of “Buy Europe” as traders reacted to further rumblings out of Brussels that the EU finance ministers were finagling a way around the original Euro treaty of 1991 which supposedly prevents bailouts of countries that screw up their own fiscal house. The idea, best that I can understand it, is [...]
• Trader Dan Comments On The January US Treasury Debt Holdings Data
  Dear CIGAs, Following is a chart depicting the reported holdings of US Treasury debt by some of the largest creditor nations. Each month the Treasury reports this data and each month we plot it to attempt to gain some insight into who is financing the continued profligacy of the US. Last month the numbers reported out showed [...]
• Trader Dan Comments On This Month’s Treasury International Flows Data
  Dear CIGAs, Following are a few charts detailing the release of this month’s Treasury International Flows data for the month of January 2010. A few salient points – Every asset category saw a drop in purchases from the previous month whether it was debt or equities. What strikes me however is the continued sell off of US Agency [...]