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B4 The Bell Humpday, April 7, 2004


Guest yobob1

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U.S. Marines in a fierce battle for this Sunni Muslim stronghold fired rockets that hit a mosque filled with people Wednesday, and witnesses said as many as 40 people were killed.

 

Rock the casbah

 

What better way to recruit martyrs?

 

Rationality will be out the window now.

 

This provocation has neocon fingerprints all over it ...

Neocons have been trying to turn this into a massive religious war from day one. They will succeed and then we are going to get our ass kicked.

The devolution of this conflict from putative secular purposes to those of a religious nature was FURordained

 

The supposition that this particular incident is a deliberate provocation or that it has neocon fingerprints all over it is absurd. It has the mailed fist of the CIC and Pentagon brASS(_)_) all over it. Errant missiles sailing into mosques were almost bound to happen sooner or later in 'the fog of war' waged in this region.

 

Neocon ideology had little to do this escalation of conflict, save, perhaps, as the predicate to getting us in there in the FURst instance, picking a fight in the FURst place.

 

FUR the second time we are increasingly embroiled in a growing nightmare with stubborn Texan in the Oval Office. He will decide how emeshed we become militarily in a conflict that will probably destroy him politically if miscalcuation is made, if it hasn't been made already, and it has. It's like a Greek tragedy unfolding in front of our eyes, in slo-o-o-w-w-w-w motion. Hope it isn't the start of a WORLD WAR...

 

The public, unlike our President, doesn't have the stomach for high casualties, the CURRENT 'resolve' of our Congressional 'leadership' to stay the course SNOTwithstanding.

 

This is hardly good news FUR the bulls/financial markets.

 

HAYWIRE THEORY shows up - on schedule, wot?

 

Nader came to town yesterday and blASS(_)_)ted both warmongering D's and R's alike, to a lustily cheering crowd.........of 600 souls.

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Speaking of Nader

Nader Calls to Impeach Bush

April 6, 2004 ? Independent presidential candidate Ralph Nader called Tuesday for President Bush to be impeached for "deceiving the American people night after night after night" about U.S. involvement in Iraq.

"When you plunge our country into war on a platform of fabrications and deceptions, and you bring back thousands of American soldiers who are sick, injured or dead, and that war is unconstitutionally authorized to begin with, Mr. Bush's behavior qualifies for the high crimes and misdemeanor impeachment clause of the Constitution," the 2000 Green Party presidential nominee said...

http://abclocal.go.com/wpvi/news/040604_nw_nadervsbush.html

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DJ 11-Day Cash Mgmt Bills: High 0.970%; At High 2.39%

 

WASHINGTON (Dow Jones)--The stop-out rate was 0.970% on the Treasury's sale of $16.00 billion of 11-day cash management bills at Wednesday's auction.

 

The Treasury received bids totaling $45.02 billion for the bills and accepted $16.00 billion. The dollar price was 99.970 and the investment rate, or bond-equivalent return, was 0.996%.

 

Treasury awarded $1 million in noncompetitive tenders.

 

Of the competitive tenders, 2.39% were sold at the high rate. The bid-to-cover ratio was 2.81.

 

The median rate was 0.950%; that is, 50% of the amount of accepted competitive bids were tendered at or below that rate. Of the competitive bids accepted, 5% were tendered at or below the rate of 0.920%.

 

The 11-day bill settles on April 8 and matures April 19. The CUSIP number is 912795QM6.

 

-By Rebecca Christie, Dow Jones Newswires; 202-862-9249; [email protected]

 

Dow Jones Newswires

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Terrorists killed in suicide blast planned another major attack in Madrid

 

The Associated Press

 

MADRID, Spain - The suspected terrorists who died in last weekend's suicide blast had planned another major attack in Madrid, possibly during this week's Easter celebrations, a court official said Wednesday.

Police also fear Saturday's explosion that may have killed seven suspects and the subsequent arrests of other suspects could stir another cell of militants to mount a 'jihad,' or holy war, in Spain, said the official, who spoke on condition of anonymity.

 

http://www.tucsoncitizen.com/breaking/0407...n_bombings.html

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UK terror threat 'very real'

From Andrew Gully in London

07apr04

 

FEARS of a terrorist attack grew in Britain on Wednesday with the country's top policeman warning of "real danger", a day after media reported that a plot to detonate a chemical bomb here had been foiled.

 

British and US intelligence were reported to have intercepted communications between potential attackers, believed to be sympathetic to al-Qaeda and planning to detonate a combination of explosive and a highly toxic substance called osmium tetroxide.

Police have refused to comment on the alleged plot.

http://www.heraldsun.news.com.au/common/st...55E1702,00.html

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DJ Investors' Intelligence Poll: Bullish Sentiment Up

 

NEW YORK (Dow Jones)--Bullish sentiment rose among financial advisers surveyed in the weekly Investors' Intelligence poll.

 

The percentage of financial advisers who are bullish on the market rose to 48.5% from 46.0%, while bearish sentiment fell to 22.8% from 25.0%.

 

The percentage of financial advisers expecting a market correction fell to 28.7% from 29.0%.

 

In the week ended Tuesday, 77.06% of stocks listed on the New York Stock Exchange were above their 10-week moving averages.

 

Also, 89.99% of NYSE stocks were above their 30-week averages.

 

Dow Jones Newswires

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Threat Names Thailand as Iraq Target 'After Spain'

Wed Apr 7, 8:32 AM ET

STOCKHOLM (Reuters) - Thailand's embassy in Sweden has received a letter threatening the Southeast Asian country with attacks like those on Spain in retaliation for sending troops to Iraq (news - web sites), Thai and Swedish officials said on Wednesday

http://story.news.yahoo.com/news?tmpl=stor...iland_iraq_dc_1

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While this may come as surprise to workers, the US Chamber of Commerce says

pension contributions are "unnecessary":

 

The U.S. Chamber of Commerce issued a letter Tuesday telling lawmakers it would count votes related to the pension bill in its legislative scorecard.

 

"Swift action by the Congress and President Bush will prevent unnecessary plan contributions and protect workers' pensions," :blink: said Bruce Josten, the group's chief lobbyist, in a statement. "Dedicating available corporate funds to the economic recovery underway, instead of excess pension contributions, is a win-win for workers and the economy."

 

Why make contributions when you have the PBGC to pay for it? (pension benefit guaranty corp.)

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"We are at war" Colin Powell says.

 

WASHINGTON (AP) - Secretary of State Colin Powell cautioned Sen. Edward M. Kennedy to be more careful in criticizing the war in Iraq after the Massachusetts Democrat called the conflict ``George Bush's Vietnam.''

 

Kennedy ``should be a little more restrained and careful in his comments because we are at war,'' Powell said Tuesday on Fox News Radio's ``Tony Snow Show.''

 

Powell said debating the Iraq war was appropriate and an important part of American democracy. But, he said, ``this is the also the time that we rally the nation behind the challenge that we face in Iraq and Afghanistan.''

 

http://www.guardian.co.uk/worldlatest/stor...3950537,00.html

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While this may come as surprise to workers, the US Chamber of Commerce says

pension contributions are "unnecessary":

 

The U.S. Chamber of Commerce issued a letter Tuesday telling lawmakers it would count votes related to the pension bill in its legislative scorecard.

 

"Swift action by the Congress and President Bush will prevent unnecessary plan contributions and protect workers' pensions,"  :blink: said Bruce Josten, the group's chief lobbyist, in a statement. "Dedicating available corporate funds to the economic recovery underway, instead of excess pension contributions, is a win-win for workers and the economy."

 

Why make contributions when you have the PBGC to pay for it? (pension benefit guaranty corp.)

From the linked article:

 

Senate Minority Leader Tom Daschle on Wednesday said Democrats remained upset over the lack of broader relief for multi-employer pension plans, and said the results of the conference were part of a pattern that has shut Democratic lawmakers out of House-Senate negotiations.

 

If I'm understanding this correctly, the Senate Democrats' objection is that the bill doesn't lower the standards for an EVEN BROADER group of pension plans, including the multi-employer plans run by many unions.

 

The "race to the bottom" continues. With further bipartisan effort, EVERYBODY'S future can be sold down the drain.

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