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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (77050)1/3/2010 11:05:23 PM
From: lorne2 Recommendations  Respond to of 224724
 
If this is fact it should be very clear by now that no moslum can really be trusted to be loyal to anything but their islamic political religion.

CIA renegade behind suicide attack: Taliban
By Washington correspondent Kim Landers

Posted Sat Jan 2, 2010
abc.net.au

The Pakistani Taliban is claiming it used a turncoat CIA agent to carry out a suicide bombing at a CIA camp in Afghanistan.

Seven agents were killed and six injured in Thursday's suicide bombing in eastern Afghanistan.

A Pakistani Taliban member says a CIA agent had contacted the Taliban and offered to attack the US intelligence operation in Afghanistan.

He says the Taliban trained the CIA agent and sent the suicide bomber to the camp as revenge for a top militant leader's death in a US missile strike.

A CIA spokesman says he cannot confirm the claim and that there is a lot about the attack that is not known.

Meanwhile there are reports that the bomber was being courted as a CIA informant and that he had been invited onto the base and was not searched.



To: Proud_Infidel who wrote (77050)1/3/2010 11:50:17 PM
From: Carolyn  Respond to of 224724
 
Typical.



To: Proud_Infidel who wrote (77050)1/4/2010 12:15:28 AM
From: FJB  Read Replies (1) | Respond to of 224724
 
LMAO.



To: Proud_Infidel who wrote (77050)1/4/2010 4:53:57 AM
From: FJB1 Recommendation  Respond to of 224724
 
U.S. growth prospects deemed bleak in new decade

Sun, Jan 3 2010

By Pedro Nicolaci da Costa

ATLANTA (Reuters) - A dismal job market, a crippled real estate sector and hobbled banks will keep a lid on U.S. economic growth over the coming decade, some of the nation's leading economists said on Sunday.

Speaking at American Economic Association's mammoth yearly gathering, experts from a range of political leanings were in surprising agreement when it came to the chances for a robust and sustained expansion:

They are slim.

Many predicted U.S. gross domestic product would expand less than 2 percent per year over the next 10 years. That stands in sharp contrast to the immediate aftermath of other steep economic downturns, which have usually elicited a growth surge in their wake.

"It will be difficult to have a robust recovery while housing and commercial real estate are depressed," said Martin Feldstein, a Harvard University professor and former head of the National Bureau of Economic Research.

Housing was at the heart of the nation's worst recession since the 1930s, with median home values falling over 30 percent from their 2005 peaks, and even more sharply in heavily affected states like California and Nevada.

The decline has sapped a principal source of wealth for U.S. consumers, whose spending is the key driver of the country's growth pattern. The steep drop in home prices has also boosted their propensity to save.

"It's very hard to see what will replace it," said Joseph Stiglitz, Nobel laureate and professor of economics at Columbia University. "It's going to take a number of years."

One reason is that U.S. consumers remain heavily indebted. Consumer credit outstanding has fallen from its mid-2008 records, but still stands at some $2.5 trillion, or nearly one-fifth of total yearly spending in the U.S. economy.

Another is that many of the country's largest banks are still largely dependent on funding from the U.S. Federal Reserve and the implicit backing of the Treasury Department.

Kenneth Rogoff, also of Harvard, argued that if the U.S. government ever "credibly" pulled away from its backing of the financial system, then a renewed collapse would likely ensue.

He cited government programs giving large financial institutions access to zero-cost borrowing as artificially padding their bottom lines.

"There's something of an illusion of profitability," he said.