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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (663143)11/30/2004 8:55:51 AM
From: Proud_Infidel  Respond to of 769670
 
Iran says nuclear freeze won’t last long

msnbc.msn.com



To: DuckTapeSunroof who wrote (663143)11/30/2004 9:45:57 AM
From: sandintoes  Read Replies (1) | Respond to of 769670
 
Funding cut coming to UN?
Congress getting mad


Congress is likely to move to reduce U.S. funding of the United Nations if leaders at Turtle Bay don't come clean and institute major reforms in the wake of the Iraq oil-for-food scandal, The Post has learned.

"This is life-and-death stuff. To see U.N. officials involved in a program that was used to pay off families of Palestinian suicide bombers, to discover that money from this program is now being used to fund the people killing our troops in Iraq is very troubling," Rep. Jeff Flake (R-Ariz.) told The Post. "I definitely feel that people are fed up." Flake has sponsored legislation that would reduce U.S. funding to the United Nations by 10 percent, and claims the bill already has 75 co-sponsors. A companion bill has been introduced in the Senate.

"These oil-for-food deals were negotiated in secret. If it was known that Saddam Hussein was given sole authority to pick and chose companies he would do business with . . . [and] that he was giving oil vouchers to U.N. officials and to Russian and French politicians to buy votes on the Security Council, there would have been a move to stop it."



To: DuckTapeSunroof who wrote (663143)11/30/2004 10:11:08 AM
From: Hope Praytochange  Read Replies (1) | Respond to of 769670
 
Economy Grew Faster Than Expected in Third Quarter
By THE ASSOCIATED PRESS

Filed at 8:33 a.m. ET

WASHINGTON (AP) -- The economy -- helped out by more brisk consumer and business spending -- grew at an annual rate of 3.9 percent in the third quarter, a performance that was stronger than previously thought.

The new reading on gross domestic product, which is based on additional data, was up from the 3.7 percent growth rate first estimated for the July-to-September quarter, the Commerce Department reported Tuesday.

GDP measures the value of all goods and services produced within the United States and is considered the broadest barometer of the economy's health.

The 3.9 percent growth rate registered in the third quarter represented a pickup from the second quarter's 3.3 percent pace and marked the best showing since the opening quarter of this year.

The latest snapshot of economic activity was brighter than economists were expecting. They were predicting economic growth would hold steady at the previously estimated pace of 3.7 percent.

The main reasons for the third-quarter improvement: stronger consumer spending, which grew at the fastest clip since the end of 2001, and more robust business investment in equipment and software. Better growth in U.S. exports also helped.



To: DuckTapeSunroof who wrote (663143)11/30/2004 10:11:55 AM
From: Hope Praytochange  Respond to of 769670
 
Stephen Roach, chief economist at investment banking giant Morgan
Stanley, has a public reputation for being bearish. But in private he
recently predicted America has no better than a 10% chance of
avoiding 'economic Armageddon.'