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Former Military Intelligence Chief Says Iran Crossed Israel’s Red Line… Says Iran Will Be 1-2 Months Away From Decision On Bomb In The Summer

Former Military Intelligence chief says Iran will be two months away from decision on bomb in the summer. ‘It is so close that it will make it hard to stop Iran from deciding to finish push for bomb,’ he warns. Current head of research at MI says Assad using Sarin gas in Syria

Former Military Intelligence head Major General (res) Amos Yadlinsaid Tuesday, “For all practical purposes, Iran has passed Israel’s new red line.”

 

 

Yaldin, [...]

EU Doom Is Expanding: 2013 PORTUGUESE BUDGET DROP DEAD BY CONSTITUTIONAL COURT! This Is An Hole In The Budget of One Billion Euros!!! No ‘plan B’ And Germans Openly Debating Euro Exit On TV!

The Constitutional Court shall pluck the state budget that is in place.
TVI knows that in the preliminary report, the judges have plumbed two standards: the suspension of the holiday allowance for pensioners and pensioners’ solidarity tax on pensions above 1,350 euros.

These two measures are equivalent to more than a billion euros and were among the three standards that have raised questions to the President.

Just a suspension of subsidies Civil Service [...]

U.S. Nuclear Regulators Divided on Costly Fukushima Rule

Dow Jones Newswires
January 9, 2013

The U.S. Nuclear Regulatory Commission appeared divided Wednesday over whether to mandate safety improvements at U.S. nuclear power plants that could cost hundreds of millions of dollars.

At least one commission member seemed to favor the mandate at a public hearing Wednesday, while two others expressed reservations. It wasn’t clear how the five-member body would vote on the proposal, and a final decision might not come for [...]

Obama Considers Allowing Corporate Cash for Inauguration

President Barack Obama is reportedly considering the use of the corporate cash to help pay for inauguration. The thinking is, after a long and very expensive presidential campaign, donors might be too spent to pick up the tab.

“President Barack Obama’s fundraising advisers have urged the White House to accept corporate donations for his January 2013 inaugural celebration rather than rely exclusively on weary donors who underwrote his $1 billion re-election [...]

Oil to 300-500$ coming! Iran: We are ready to close the Strait Of Hormuz! Waiting for Supreme Leader’s order…

“Plan to Close Hormuz Strait Ready, Leader Has Final Word”

Iran said on Monday that the plan to close the Strait of Hormuz was ready, noting that the final decision on closure to be taken by the Supreme Leader Imam Sayyed Ali Khamenei.

The chairman of the Joint Chiefs of Staff of Iran’s Armed Forces said that the implementation of the plan devised for the blockade of Hormuz strait required an order [...]

Dutch Parliament kills ACTA by unanimous vote, ‘no similar agreement will be ever signed by the government’

RT

Lawmakers in Holland have voted to strike down the international Anti-Counterfeiting Trade Agreement (ACTA), slammed by many as a free speech and information access choker. Dutch MPs have also ruled the government will never sign any such agreement.

The Dutch parliamentarians have opted not to wait for the EU’s vote on ACTA which is set for June, with consultations kicking off already this Thursday.

“The treaty should be taken off table, whatever [...]

NO bailout has been decided for Bankia! No final decision will be taken for 2-3 months at least!

The plan, which was reported in the Spanish press on Sunday, is to bailout the bank by handing them Spanish government bonds(19 billion EUR)That debt would be used as collateral to borrow funds from the ECB(a VOODOO accounting TRICK).

No final decision will be taken for 2-3 months at least..

The REAL EUR problem is/was and will be SPAIN,the tiny Greece nothing more than smoke and mirrors.

via forexlive:

Rajoy wrapped up his comments [...]

Greece euro exit could be fast if needed: Slovenia

The message the euro zone is sendingGreece ahead of its June election is there is a chance it could be forced out of the single currency union and that it could happen quickly if necessary, the finance minister of euro member Slovenia said on Saturday.

This month’s inconclusive election in the debt-stricken Mediterranean state has forced a second vote to be scheduled for June 17 and many feel the outcome could dictate [...]

WSJ: LightSquared ‘preparing’ for bankruptcy protection filing, final decision coming tomorrow

Can’t say it’s striking us as any sort of surprise, but the seemingly destined-to-fail LightSquared just might be out of options. After getting a high-five from Sprint and plenty of attention for its initiatives in bringing yet another wireless option to America, those blasted GPS interference issues (or “supposed” issues, depending on who you ask) eventually became too much to overcome. According to a breaking report out of The Wall Street Journal, Philip Falcone’s venture is seriously [...]

Father, son will NOT be accused of misleading Parliament

James Murdoch will be criticised by MPs investigating phone hacking on Tuesday, but their assessment of his conduct is expected to fall just short of accusing the former chairman of News International of misleading parliament about the extent of his knowledge of the affair.

The all party culture media and sport select committee concluded they could not reach a final decision about whether Murdoch misled them because of what the MPs described [...]

Murdochs WILL NOT be accused of misleading Parliament

ames Murdoch will be criticised by MPs investigating phone hacking on Tuesday, but their assessment of his conduct is expected to fall just short of accusing the former chairman of News International of misleading parliament about the extent of his knowledge of the affair.

The all party culture media and sport select committee concluded they could not reach a final decision about whether Murdoch misled them because of what the MPs described [...]

Price of eBooks set to tumble as Justice Department prepares to sue Apple ‘within days’ over price-fixing

Justice Department to sue Apple
Separate deal with publishers

Could end ‘price fixing’ for ebooks

Ebook prices risen up to 50% in last two years

America’s Justice Department could sue Apple as early as Wednesday over alleged electronic book price fixing.

The DoJ will settle with several publishers as early as this week, two people familiar with the matter said.

The case could have major knock-on effects for pricing on electronic books online and on devices [...]

Read This First Before You Decide That Preppers Are Crazy

by The Economic Collapse

 

Do you believe that preppers are a few cards short of a full deck?  Do you assume that anyone that is “preparing for doomsday” does not have their elevator going all the way to the top floor?  Well, you might want to read this first before you make a final decision that all preppers are crazy.  The information that you are about to read shook me up a [...]

The Supreme test: President’s legacy and election hopes under threat as ‘Obamacare’ faces three-day constitutional challenge

Key mandate of every U.S. citizen buying health insurance under fire
Scheme would see 30million Americans given health coverage
Supporters say it will spread healthcare costs

Critics call it ‘unacceptable encroachment on liberty’
Supreme Court to debate for three days and then make ruling in June
Could sway November’s presidential election, say observers

Barack Obama’s political legacy and chances of re-election in November are facing a Supreme test this week when his signature health care law comes [...]

EU to punish Spain for delaying austerity measures – Mish

The EU has accused Spain of overstating its 2011 budget deficit thus making it easier to make progress in 2012. Furthermore the EU is upset about delays in austerity measures ahead of regional elections next month.

According to Reuters, EU to punish Spain for deficits, inaction

The European Union is likely to take action against Spain’s newly installed government by May for delaying austerity measures ahead of a regional election next month, [...]

Obama weighing up to 80% cut in U.S. nukes… LESS warheads than China!

AP Images

WASHINGTON (AP) – The Obama administration is weighing options for sharp new cuts to the U.S. nuclear force, including a reduction of up to 80 percent in the number of deployed weapons, The Associated Press has learned.

Even the most modest option now under consideration would be an historic and politically bold disarmament step in a presidential election year, although the plan is in line with President Barack Obama’s 2009 [...]

Nigeria oil union threatens to shut production

By William Spain

CHICAGO (MarketWatch) — The union that represents Nigerian oil workers on Wednesday threatened to shut down the company’s crude production, adding more fuel to a national strike over a recent government move that led to the doubling of previously subsidized gasoline prices, Reuters reports. A spokesperson for PENGASSAN, the biggest oil union, told the wire service that the group will make its decision later in the day. [...]

Urban Institute: Foreclosure backlog to ‘take decades to complete’

by housingwire

The number of seriously delinquent mortgages in the nation’s largest metropolitan areas slowed this year, according to a new study from the Urban Institute. But foreclosures remain a burden on the housing market, prompting the policy research group to call for a resolution to the housing crisis to ensure the foreclosure backlog is cleared out in a reasonable time period.

The institute said the serious delinquency rate in the 100 largest metro [...]

HOW TO RAISE THE PRICE OF GOLD & SILVER

I have always told my children from a young age that the heart must make the initial choice but that the mind must make the final decision. Emotion and passion of the heart is great, but if left unfiltered by the brain it can lead to one disaster after another.

 

Well we all remember the brilliant and witty Max Keiser (this is my genuine appraisal of the man) some months ago [...]

REPORT: Obama punts on oil pipeline decision until after election

WASHINGTON | Thu Nov 10, 2011 1:02pm EST

(Reuters) – The Obama administration plans to announce on Thursday it will explore a new route for a Canada-to-Texas oil pipeline, delaying a final approval beyond the 2012 U.S. election, sources briefed on the matter said.

The decision would be a victory for environmentalists, many of whom oppose the pipeline, and a setback for TransCanada Corp, whose $7 billion Keystone XL project is seen as the [...]

According to Peter Spiegel at FT, the leaders won’t even accomplish anything on bank recapitalizations this weekend

From FT:

The big European Union summit will be divided in two parts today, with all 27 EU leaders meeting in the morning before the session is narrowed to the 17 members of the eurozone in the afternoon.

The Brussels Blog has obtained a copy of the 12-page draft of the morning gathering’s communiqué, circulated to summiteers this morning, and unless things change at the meeting, it looks like there will be no final [...]

Blow to US airlines in emissions fight; Foreign carriers will have to pay for carbon pollution in EU

From FT:

Foreign airlines can be required to pay for their carbon pollution in the European Union, an adviser to the bloc’s top court has found, dealing a setback to a legal challenge from US carriers.

The opinion, issued on Thursday by an adviser to the European Court of Justice in Luxembourg, marks a potentially decisive turning point in the EU’s effort to include the aviation industry in its carbon [...]

FOFOA – RPG Update #4: The breeze is fair and the road ahead is clear for the ascent of gold.

On New Year’s Eve I dubbed 2011 “Year of the RPG” in deference to Robert Zoellick’s recent editorial in which he described gold as “a key reference point to allow people to assess the relations between different currencies.” This description was so close to Freegold that Zoellick’s FT editorial led us to an additional name, “Reference Point Gold” or Freegold-RPG.

Throughout the year I [...]

Chu takes responsibility for a loan deal that put more taxpayer money at risk in Solyndra

Energy Secretary Steven Chu acknowledged Thursday making the final decision to allow a struggling solar company to continue receiving taxpayer money after it had technically defaulted on a $535 million federal loan guaranteed by his agency.

Chu spokesman Damien La­Vera said in a statement that the secretary approved the restructuring agreement for Solyndra because it gave the company “the best possible chance to succeed in [...]

ADMIT: Energy Secy continued taxpayer money to SOLYNDRA after company defaulted

From Washington Post:

Energy Secretary Steven Chu acknowledged Thursday making the final decision to allow a struggling solar company to continue receiving taxpayer money after it had technically defaulted on a $535 million federal loan guaranteed by his agency.

Chu spokesman Damien La­Vera said in a statement that the secretary approved the restructuring agreement for Solyndra because it gave the company “the best possible chance to succeed in [...]

UPDATE: UNH abruptly reverses decision to ban energy drinks

 

 

DURHAM – The University of New Hampshire did an abrupt about face Monday night and decided to continue selling energy drinks, reversing a ban that had been announced only hours earlier.

UNH President Mark Huddleston issued a statement around 8:30 p.m. saying the school would delay the ban, citing “conflicting evidence about the health effects of consuming the beverages, as well as student reactions.”

“In [...]

Goldman Sachs Draws Up Deeper Cuts: It would wring out $1.2 billion in costs from its operations by mid-2012 and cut roughly 1,000 jobs, about 3 percent of its work force

From CNBC:

This summer, Goldman [GS  99.14  3.96  (+4.16%)   ] said that it would wring out $1.2 billion in costs from its operations by mid-2012 and cut roughly 1,000 jobs, about 3 percent of its work force. But as the market turmoil has weighed on trading and other businesses in recent weeks, senior executives have been debating even deeper reductions, according to people briefed [...]

Greece: Talk of default scenario counterproductive

By William L. Watts

FRANKFURT (MarketWatch) — Greek Finance Minister Evangelos Venizelos on Friday said talk of potential default scenarios for Greece are “counterproductive.” Greek newspaper reports Friday said Venizelos outlined three potential scenarios to Greek lawmakers for the outcome of the nation’s debt crisis, including an orderly default that would result in a 50% haircut for bondholders. “Greece has taken the final decision [...]

ABBAS: Palestinians want full UN membership

 

Abbas: Palestinians want full UN membership

Palestinian leader says PA to proceed with UN bid in September because President Obama endorsed Palestinian state; ‘I’m going to the UN in order to demand our legitimate rights and secure full membership,’ he says

Dramatic speech in Ramallah: The Palestinian Authority will be seeking full United Nations membership in its statehood bid later this month, PA leader Mahmoud Abbas said Friday.

 

“I’m going [...]

Biden: more US stimulus needed, business mad at S&P

Reuters
August 26, 2011

U.S. Vice President Joe Biden said on Friday the U.S. economy needed more stimulus to get it moving, putting in a plug for government measures shortly before the White House unveils new proposals to boost job growth.

Concluding a trip to Asia that focused primarily on China, Biden also said a final decision had not been made on whether Washington would sell Lockheed Martin [...]