Tag: money
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money & mccain for ‘more wars’
dod wants $70b more for warsfrom ap: The White House will ask Congress next week for another $70 billion for the wars in Iraq and Afghanistan, an amount that would help cover operational costs only until early next year when the next administration takes over… Since 2001, Congress has approved some $700 billion for the…
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dying dollars & buying sprees
how bush destroyed the dollarfrom paul craig roberts: It is difficult to know where Bush has accomplished the most destruction, the Iraqi economy or the US economy. In the current issue of Manufacturing & Technology News, Washington economist Charles McMillion observes that seven years of Bush has seen the federal debt increase by two-thirds while…
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gold hits new record of over $910
from press tv: The depreciating US dollar and investment fueled by economic doubts has pushed gold prices to new high records of over $910 per ounce. The precious metal surged to a record $914.10 per ounce on Monday morning, reported CNN Money. Meanwhile, gold hiked in line with crude oil price and its appreciation increased…
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gold continues record-breaking run
from huffington post: Gold prices surged further into record territory on Thursday while oil traded within a whisker of its record $100 set in the previous session, as commodity markets continued their sprint start to 2008. Gold soared to $868.00 a troy ounce, setting a record for a second session after hitting $861.10 on Wednesday,…
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larry ‘pull it’ silverstein makes more money off of wtc
from daily press: The World Trade Center site’s owner will pay millions in fines for falling at least a month behind on a deadline to turn over part of the site to a private developer building office towers there. The Port Authority of New York and New Jersey will pay between $9 million and $13.5…
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record highs for 2007: death & food prices
2007 deadliest for US troops in iraqfrom ap: The second half of 2007 saw violence drop dramatically in Iraq, but the progress came at a high price: The year was the deadliest for the U.S. military since the 2003 invasion, with 899 troops killed. American commanders and diplomats, however, say the battlefield gains against insurgents…
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ny emergency radio network fails first major test
from the inquirer: A $2 billion installed radio network intended to connect emergency responders throughout the New York state failed its first major test. This all sounds a lot like 9/11’s radio fiasco shown in Robert Greenwald’s film about how poorly Motorola’s radios worked during the infamous Twin Towers disaster in New York City. Think…
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news on the march
creationist stabs evolutionistfrom the australian: A Fruit-picking trip to southern New South Wales ended in the death of a Scottish backpacker who became embroiled in a bizarre row about creationism and evolution. English backpacker Alexander Christian York, 33, was today sentenced to a maximum of five years jail for the manslaughter of Scotsman Rudi Boa…
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nbc refunds advertisers as ratings plunge
from reuters: Fourth-ranked broadcaster NBC has quietly begun reimbursing advertisers an average of $500,000 each for failing to reach guaranteed ratings levels, the first time a network has taken such a step in years, media buyers said. Networks usually offer make-goods – free advertising slots – in the event of such shortfalls. But NBC has…
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iran dumps the dollar in oil deals
from press tv: Iran has completely stopped carrying out its oil deals in dollar following the OPEC proposal to trade crude in non-dollar currencies. “The dollar is no longer a reliable currency, considering its devaluation and the loss suffered by oil exporters,” said Iranian Oil Minister Gholam-Hossein Nozari. “Iran proposed in the last OPEC (Organization…
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settlement reached over loss of jfk archive in 9/11
from amateur photographer: The estate of President John F Kennedy’s personal photographer Jacques Lowe has accepted an undisclosed sum from JP Morgan Chase bank over the loss of 40,000 negatives in 9/11. Jacques Lowe’s treasured archive had been stored in a safe deposit box, housed within the vaults of 5 World Trade Center – a…
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space defense program gets extra funding
from washington post: While wrestling with wars in Iraq and Afghanistan, the Pentagon is preparing weapons to fight the next battle from space, according to information in the 621-page, House-Senate conference report on the fiscal 2008 defense appropriations bill. The $459 billion bill, which awaits President Bush’s signature, provides $100 million for a new “prompt…
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news on the march
army’s robotic, armed combat vehicle rolls outfrom wired: We now know that there are robotic cars smart enough to drive themselves around a city. The next step: give those vehicles automatic weapons, of course… Last month, a set of South African remotely-operated 35 mm guns spun out of control, and killed nine soldiers. The Black…
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arms makers are the only ones winning war of terror
from sydney morning herald: Arms manufacturers are making record profits from the war on terrorism and unprecedented spending on weapons programs. The massive earnings have drawn condemnation from Australian defence experts, who say expensive weapons such as jet fighters, warships & satellites are not the way to combat terrorism. The world’s biggest arms maker, Lockheed…
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ron paul ‘money bomb’ raised over $4m in one day
hmm, those spambots must have bank accounts… from ny times: On Monday, a group of Paul supporters helped raised more than $4.07 million in one day – approaching what the campaign raised in the entire last quarter – through a Web site called ThisNovember5th, a reference to the day the British commemorate the thwarted bombing.…