Wednesday, May 4, 2011
WikiLeaks docs: Nuclear reprisals if bin Laden killed
Recently-released WikiLeaks documents show that detained al Qaeda members have predicted nuclear reprisals if Osama bin Laden were captured or killed.
The classified Defense Department files, obtained from detainee interviews at the Guantanamo Bay prison, were released by the document-sharing Web site a week before the raid in Pakistan that resulted in bin Laden's demise. (See list of related CNET stories.)
Abu al-Libi, al Qaeda's third in command and "operational chief" before he was captured in 2005, reportedly said the nuclear device was "located in Europe" and would be used in retaliation over bin Laden's death, according to the leaked files. The phrase "nuclear hellstorm" appears in the Defense Department's dossier on Khalid Shaykh Muhammad, who allegedly confessed to masterminding the September 11 attacks and will be tried by a military tribunal.
Another detainee, Sharif al-Masri, reportedly said that if al Qaeda was able to move the bomb to the United States, they would be able to find operatives of Europeans of Arab or Asian descent to use it. He said, the records show, if bin Laden "were to be captured or killed, the bomb would be detonated in the US" and that al-Libi "would be one of those able to give the order."
The claims--which could, of course, be false--add more detail to suspicions in Washington about possible reprisals following Sunday's special forces raid in Pakistan. Rep. Peter King (R-N.Y.), chairman of the House Homeland Security committee, told Fox Business yesterday that "we have to assume that al Qaeda is going to try to retaliate as quickly, as lethally as possible."
John Brennan, deputy national security advisor, said this morning that the administration is taking "measures to guard against any type of reaction, adverse reaction to the news of bin Laden's death," including deciding whether to release photographs and video. Brennan made those remarks on CBS News' Early Show (CNET is a sister news organization).
Read more: http://news.cnet.com/8301-31921_3-20059416-281.html#ixzz1LPCvs29E
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Portugal agrees to terms of US$116B EU-IMF bailout loan
LISBON — Portugal has reached agreement with the European Union and IMF on a three-year, 78-billion-euro (US$116-billion) bailout loan, caretaker Prime Minister Jose Socrates said on Tuesday.
Socrates’ government collapsed last month, sparking a sharp rise in borrowing costs which forced Lisbon into becoming the third euro zone country to seek a bailout after Greece and Ireland.
Socrates, who now faces a snap parliamentary election on June 5, hailed the package as a victory, saying it included more lenient terms than those imposed on Greece and Ireland.
The deal gave Portugal more time to meet budget goals which it had previously agreed to.
“The government has obtained a good deal. This is a deal that defends Portugal,” Socrates said.
He provided few details of what terms the bailout included, saying only “there are no financial assistance programmes that are not demanding.”
Filipe Garcia, head of Informacao de Mercados Financeiros consultants in Porto, said: “He showed us the bright side of the moon, it is the dark side that remains to be seen, and that includes the interest rate.”
Socrates said Portugal would now need to cut its budget deficit to 5.9% of gross domestic product this year, compared with the government’s previous goal of 4.6%. The deficit will have to be cut to 4.5% in 2012 and 3% in 2013.
“Some of the parametres look a little softer than expectations such as the higher deficit target and longer time line,” said Vitaly Serebryakov, currency strategist at Wells Fargo in New York.
Officials from the European Commission, the International Monetary Fund and European Central Bank have been in Lisbon for almost a month to hammer out the agreement with Portugal.
Socrates said the agreement still has to be presented to opposition parties.
© Thomson Reuters 2011
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Max Igan his view on the Bin Laden case
Max Igan Osama Assassination is a ritual , this is a political tool , Bin Laden is long dead , he has nothing to do with 9/11 attacks , he is a well known CIA asset , he died in Dec first 2001. the United States emerged victorious from the biggest pile of lies in the history ....We have entered into a time of pre planned global chaos. All elite occupied and controlled governments that have and are issuing terrorist alerts to their people let it be made known our "leaders" are preparing for a series of false flag operations and will lay blame on Al Queda. This is all pre planned, they are on timeline, they are insane and out of control.
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Assange: Facebook is an 'appalling spy machine'
WikiLeaks founder Julian Assange says Facebook, Google, and Yahoo are actually tools for the U.S. intelligence community.
Speaking to Russian news site RT in an interview published yesterday, Assange was especially critical of the world's top social network. He reportedly said that the information Facebook houses is a potential boon for the U.S. government if it tries to build up a dossier on users.
"Facebook in particular is the most appalling spying machine that has ever been invented," Assange said in the interview, which was videotaped and published on the site. "Here we have the world's most comprehensive database about people, their relationships, their names, their addresses, their locations and the communications with each other, their relatives, all sitting within the United States, all accessible to U.S. intelligence."
f that's the case, it might surprise some that WikiLeaks has its very own Facebook page. In fact, last year, when WikiLeaks released a controversial batch of confidential documents--putting Assange on the run--Facebook refused to shut down that page. The company said at the time that the page did not "violate our content standards nor have we encountered any material posted on the page that violates our policies."
Facebook's response stood in stark contrast to the treatment of WikiLeaks by many other companies in the U.S. last year. Several firms, including PayPal, blocked the company's accounts.
But Assange didn't just stop at Facebook. He also told RT that in addition to the world's largest social network, Google and Yahoo "have built-in interfaces for U.S. intelligence."
"It's not a matter of serving a subpoena," he told RT. "They have an interface that they have developed for U.S. intelligence to use."
Surprisingly, Assange didn't mention Twitter, another major social network with which his organization has run into trouble.
Read more: http://news.cnet.com/8301-13506_3-20059247-17.html#ixzz1LPBbBWnz
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Food Stamps hit new record 44.2 million people
Just this morning it was announced that Food Stamp recipients hit a NEW RECORD,44.2 million people are now relying on the government for food. That is one hell of a bread line if you ask us.
Of course the chart of the day is Tim Geithner's strong dollar policy.
Dollar Index
Dollar Index
Interesting, it's the exact opposite of the Dow Jones. We wonder if Tim Geithner meant to say he believes in a strong Dow policy and that he could care less about the 44.2 million people requesting help with rising food costs. As noted in our last update, food costs now account for 15% of consumer spending, up 2.8% since the official recession ended. By the way, we just filled up with regular gasoline and our total bill for 18 gallons was $76!
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