BREAKING INTEL: Iran has made Significant Progress toward Military Nuke Capability. AIPAC pushes Bill declaring Virtual War with Iran. Iran is ready to close Strait of Hormuz

Defense Minister Ehud Barak confirmed on Thursday Haaretz’s report that President Barack Obama recently received a new National Intelligence Estimate report on the Iranian nuclear program, which shares Israel’s view that Iran has made significant progress toward military nuclear capability, and said that the report has raised the urgency of the issue.

Speaking on Israel Radio on Thursday morning, Barak said that there is a U.S. intelligence report being passed around [...]

WSJ: House-passed CISPA will help protect “electricity grids, financial system & private networks”

Internet activists who killed an antipiracy campaign on Capitol Hill in January are back on the virtual warpath against efforts to improve America’s cyber defenses. As then, the ferocity of the ire is disconnected from the modesty of the legislation.

Concern over the vulnerability of America’s digital networks has grown with dependence on them. The government devotes tremendous resources to protect its systems from hackers, terrorists and states like China or [...]

Mass rally of over 100,000 supporting Far Right policies of Hungary’s PM, causes concern in Europe, not just that they may never pay back their bailouts from EU and IMF, but regarding the direction of extremist politics and the first full dictatorship within the EU itself and first Far Right one since 1945:

The European Union is grappling with a right-wing government in Hungary in a test of its will to prevent former Communist states from sliding into authoritarianism.

Hungarian Prime Minister Viktor Orban is under attack for ramming through laws and a new constitution that critics say strengthen his party’s grip on the economy, pack the judiciary with yes-men and gag the media.

Following mass protests in Hungary, the EU’s executive commission is on [...]

America’s Iraq Experience: Invasi-Eradicavi-Turbavi

by Ben Tanosborn

America’s Iraq Experience: Invasi-Eradicavi-Turbavi

Julius Caesar undoubtedly was showing off with his Veni-Vidi-Vici (I came, I saw, I conquered) when referencing to his short war outside Zela (Zile) in Turkey over two millennia ago.  Similarly, if we were to use a short catchy-comment for the almost nine years America has invested in its “Iraq Mission,” we would be on target by condensing the US experience in also three Latin words, [...]

Bank Of America Death Watch Update!

Bank of America continues slouching toward destruction, with its stock price tanking (down nearly 50% since the start o the year), credit default swaps (basically, wagers on its default) up, layoffs coming, and theoretically under the Dodd-Frank financial reform law, no bailout in sight.

Buried yesterday in a Bloomberg piece was the seeming throwaway line that “Bank of America’s bond-insurance prices last week surged to a [...]

Paul Farrell On The 10 “Doomsday Trends” Set To Destroy America

Here is MarketWatch’s Paul Farrell summarizing the 10 ways in which the very system is destroying America, to lift your spirits up. To wit: “Doomsday Capitalism? Capitalism is killing America? Yes, that’s the message in my tenth book. “Doomsday Capitalism, 10 Self-Destructive Trends.” But you’ll never see it in print. No one, even book publishers want to read this truth: Capitalism is destroying America. Why? [...]