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6/11/2009
It’s official-the era of cheap oil is over The global energy equation is changing rapidly, and with it is likely to come great power competition, economic peril, rising starvation, growing unrest, environmental disaster, and shrinking energy supplies, no matter what steps are taken (Grist)
James Von Brunn: A Profile On December 7, 1981, a man named James W. Von Brunn pulled out a sawed-off shotgun at the Federal Reserve Board headquarters, claiming to have planted a bomb and threatening to take members of the Board hostage (TPM Muckraker)
Ousted AmeriCorps watchdog defends waste probe The IG found that Johnson, a former all-star point guard for the Phoenix Suns, had used AmeriCorps grants to pay volunteers to engage in school-board political activities, run personal errands for Johnson and even wash his car (Sacramento Bee)
The Great Unwinding The ratio of debt-to-personal-disposable income was 55 percent in 1960. Since then, it has more than doubled, reaching 133 percent in 2007. (New York Times)
WHO declares swine flu pandemic Swine flu, or H1N1 influenza, has reached the pandemic level, the World Health Organization warned Thursday - marking the first time it has called a global flu epidemic in 41 years (CBC)
Attacks validate DHS report, some say Civil rights activists say a string of recent attacks blamed on right-wing extremists, including Wednesday’s shooting at the Holocaust Museum, show that conservative critics were too quick to fault the Department of Homeland Security over an April report warning about the potential for such violence (Politico)
DHS Report Warned Against Anti-Semitic Violence A heavily criticized Department of Homeland Security Report on right-wing extremism that was released in April warned precisely of the type of violent anti-Semitic activity that occurred at the Holocaust Memorial Museum in Washington D.C. (Huffington Post)
EU calls on US to drop gambling ban The EU says it could seek compensation from the World Trade Organization because the 2006 ban unfairly prevents foreign Internet gambling sites from operating in the United States (Technology Review)
Fed Would Be Shut Down If It Were Audited, Expert Says The Federal Reserve's balance sheet is so out of whack that the central bank would be shut down if subjected to a conventional audit, Jim Grant, editor of Grant's Interest Rate Observer, told CNBC (CNBC)
Fox host defends DHS report on right-wing extremists Reporter Catherine Herridge agreed that “it does seem to be the act of an individual who had extremist views and … someone who did have a military history. And as you remember, that was the element of the right-wing intelligence assessment which was so controversial.” (The Raw Story)
Network giants reject 'buy American' Obama mandate Parts are cheap, labor is not - Cisco Systems and Alcatel-Lucent want "buy American" provisions stricken from Barack Obama's $7.2bn US stimulus program to expand broadband internet access (The Register)
Readying Americans for Dangerous, Mandatory Vaccinations At least three US federal laws should concern all Americans and suggest what may be coming - mandatory vaccinations for hyped, non-existant threats, like H1N1 (Swine Flu). Vaccines and drugs like Tamiflu endanger human health but are hugely profitable to drug company manufacturers (Global Research)
Retired Navy Captain Allegedly Attacks Museum: WASHINGTON An 88-year-old gunman with a violent and virulently anti-Semitic past opened fire with a rifle inside the crowded U.S. Holocaust Memorial Museum on Wednesday, fatally wounding a security guard before being shot himself by other officers, authorities said. (Associated Press)
UK police face waterboarding controversy Furthermore, the officers are accused of fabricating evidence and of stealing the property of a number of suspects during a drugs-related investigation, which did not result in a trial (Press TV)
Von Brunn's letter to Jim Webb While in prison, alleged Holocaust Museum shooter sent Webb a long anti-Semitic missive seeking help with a pardon (Salon)
CIA Urges Judge to Keep Detainee Papers Secret Panetta sent a 24-page missive to New York federal judge Alvin Hellerstein, arguing that release of agency cables describing tough interrogation methods used on al-Qaida suspects would tell the enemy far too much about U.S. counterterrorism work (Associated Press)
Congress subpoenas the Federal Reserve House lawmakers on Tuesday said they have subpoenaed the Federal Reserve to hand over e-mails, notes and other documents related to its role in Bank of America Corp.'s acquisition of Merrill Lynch & Co (USA Today)
Democrat warns Obama risks 'future Guantanamos' Senator Russ Feingold said he was "troubled" by Obama's policies, warning the practice of holding some suspected terrorists indefinitely risked being "effectively enshrined as acceptable in our system of justice." (Agence France-Presse)
Stimulus spending spawns requests Dozens of members of Congress from both parties have called, written or e-mailed agencies urging them to fund projects in their districts or states (USA Today)
US Frees Iraqi Accused in 5 Soldier Deaths The U.S. military has released a Shiite militant accused of being involved in one of the most brazen attacks of the war that killed five American Soldiers in 2007 (Military.com)
White House had long planned GM and Chrysler bankruptcies Documents filed with the US Bankruptcy Court for the Southern District of New York make it clear that Obama’s Auto Task Force—headed by millionaire private equity manager Steven Rattner—had decided as early as Inauguration Day that a court-ordered restructuring of GM and Chrysler was needed (World Socialist Web Site)
Drones Join the War Against Drugs For weeks, U.S. and Salvadoran counternarcotics officials had been watching a boat they suspected was ferrying drugs to and from El Salvador's Pacific coast. But to be sure, they needed a plane that could stay aloft over the ocean, undetected, long enough to get detailed surveillance imaging (Time Magazine)
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