Friday, July 11, 2008

Another Angle 11 - 7 - 08

IndyMac fails
On July 11, 2008, IndyMac Bank, F.S.B., Pasadena, CA was closed by the Office of Thrift Supervision (OTS) and the Federal Deposit Insurance Corporation (FDIC) was named Conservator. All non-brokered insured deposit accounts and substantially all of the assets of IndyMac Bank, F.S.B. have been transferred to IndyMac Federal Bank, F.S.B. (IndyMac Federal Bank), Pasadena, CA ("assuming institution") a newly chartered full-service FDIC-insured institution. No advance notice is given to the public when a financial institution is closed.

But We are Whiners, right?
'Whiners?' Phil Gramm is a pimp for corporate criminals

Brown blunders in pledge to secure Nigeria oil
Gordon Brown is being accused of preparing for a military adventure in Africa after he pledged to provide backing to the Nigerian security forces. His announcement prompted the collapse of a ceasefire in the oil-rich Niger Delta and helped to drive up crude oil prices on world markets.

ACLU Challenges Unconstitutional Spying Law

What I ask you to remember is this...When Sen. Obama announced he would try to strip the immunity provision from the bill but would vote for it otherwise, he made a telling statement. He said it was a poorly written law. That signaled his strategy on this. He cannot get bogged down with a fight over something that WILL NOT pass constitutional muster. Now here come the folk that will make it go away.

Keep focused and keep fighting!

Gay-Bashing Alabama A.G. Caught Having Gay Sex?

What are the odds of a dude named Troy King getting caught in bed with a Homecoming King from Troy University? This seems like a wacky sitcom plot, on a gay porn channel. (Is this what Will & Grace was about?)

Iran's "provocative missile test"
If it were not so serious, it would be laughable that the USA accuses Iran of being provocative in testing a missile. Our government-controlled BBC shows a map with a potential threat to all countries within 2400 kilometres, as if the Iranians want to attack every country possible.

As provocation, I would have thought that a much better example was the approval recently given by the US Congress for a USD 400 million package for clandestine operations against Iran.
Ron Paul *Iranians Tested Missiles AFTER Israel had WAR GAMES!

Flashback: 2004 Bush Interview Banned In America - An Insight Into Insanity
This 2004 interview should be required viewing for every journalism student. I admit that I had not seen this video until today, but apparently over a million people already have and I hope that millions more will watch it as well.

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