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Infrastructure Bank: Obama's Desperate Attempt to Win Midterm Democrat Votes; Stimulus Déjà Vu

The president's pandering to public unions has backfired and now he wants to create an “infrastructure bank” which would be run by the government but would pool tax dollars with private investment.

The New York Times reports Obama Offers a Transit Plan to Create Jobs.

President Obama, looking to stimulate a sluggish economy and create jobs, called Monday for Congress to approve major upgrades to the nation’s roads, rail lines and runways — part of a six-year plan that would cost tens of billions of dollars and create a government-run bank to finance innovative transportation projects.

Central to the plan is the president’s call for an “infrastructure bank,” which would be run by the government but would pool tax dollars with private investment, the White House says.

Globalism Destroys America: 10 Reasons Why The World Trade Organization Is Bad For The United States Economy


Keiser Report: United States of North Mexico

Rickards Tells His Clients To Get Out Of Stocks And Discusses The Fed’s Final “Golden” Bullet

by Tyler Durden ZeroHedge.com 09/06/2010 The increasingly more popular Jim Rickards once again takes center stage at King World News, this time focusing on the two ever-fascinating topics of market manipulation and hyperinflation. Kicking it off in fine form, Rickards notes that the “markets have ceased to function as they are intended – traditionally a [...]

Australia's Labor Party to form government

Prime Minister Julia Gillard's Labor Party will form a minority government to rule Australia after two independent lawmakers announced support for her coalition.

Assassination of Mahmoud Al-Mabhouh

Seventeen of the suspects used MasterCards branded by MetaBank of Storm Lake, Iowa but issued by Payoneer Inc which were used to buy their plane tickets in other countries before their arrival in Dubai.[98][99][100][101][102] Other credit cards show ties to Britain's Nationwide Building Society, IDT Finance of Gilbraltar, and Germany's DZ Bank AG.[103] Payonner is an Israeli start-up now based in New York with R&D offices and a majority of its employees in Tel Aviv. CEO Yuval Tal, is a former member of the IDF Special Forces. Payoneer is held by three venture capital firms: Greylock Partners, Carmel Ventures, and Crossbar Capital. Greylock, which has offices in the U.S. and Herzliya, Israel, was established by Moshe Mor, a former military intelligence captain in the Israeli army. Carmel Ventures is an Israeli venture capital fund based in Herzliya. Crossbar Partners is run by Charlie Federman, who is also managing director of the BRM Group, a venture capital fund also in Herzliya that was co-founded by Nir Barkat, the mayor of Jerusalem. Mossad HQ are located in Herzliya.[104]

Israeli spies wooing U.S. Muslims, sources say

The question, mostly directed to employees of the clandestine service branch, was: Which are the best allies among friendly spy services, in terms of liaison with the CIA, and which are the worst? In other words, who acts like, well, friends?

“Israel came in dead last,” a recently retired CIA official told me the other day.

Nearly 25% of all LA County welfare goes to children of illegal aliens.

Welfare payments to children of illegal immigrants in Los Angeles County increased in July to $52 million, prompting renewed calls from one county supervisor to rein in public benefits to such families.

Sharp series of aftershocks strike New Zealand

CHRISTCHURCH, New Zealand — A sharp series of about 20 aftershocks rattled New Zealand's earthquake-hit city of Christchurch overnight, and earthquake experts warned Tuesday that another powerful temblor might hammer the region in coming days.

FRANKLIN LAMB: Munir’s Story -- 28 years after the Massacre at Sabra-Shatila

In Shatila Palestinian refugee camp and outside Abu Yassir’s shelter, the bullet marks still cover the lower half of the 11 “walls of death” where some of the dried blood is mixed and feathered in with the thin mortar. An elderly gentleman named Abu Samer still has some souvenirs of the event: three American automatic pistols fitted with silencers, a couple of knives and axes that were strapped to some of the killers belts as they quickly and silently shot, carved and chopped whoever they came upon starting at around 6 pm on Thursday September 16, 1982. Plus a couple of whisky bottles. These weapons were gifted to Israel by the US Congress and subsequently issued along with drugs and alcohol and other “policing equipment” to the killers in his “most moral army” by Ariel Sharon.

READ THE FULL STORY HERE:
http://mycatbirdseat.com/2010/09/munirs-story-28-years-after-the-massa...

Thomas Jefferson Quote of the Day

"The advertisement is the most truthful part of a newspaper."

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