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 Post subject: Some More Newsstories
PostPosted: Thu Sep 22, 2011 10:25 am 
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The time has arrived where we must understand the realities of the dark forces amongst us.

Q+A - How independent is the RBI?

NEW DELHI | Thu Sep 22, 2011 4:23pm IST

http://in.reuters.com/article/2011/09/2 ... 9420110922

WHAT DOES THE LAW SAY?
The RBI is not constitutionally independent, as the 1934 act governing its operation gives the government power to direct it. The government appoints the central bank governor and four deputies.

"The Central Government may from time to time give such directions to the Bank as it may, after consultation with the Governor of the Bank, consider necessary in the public interest," the act says.

Technically, the government is also permitted by the act to supersede the central bank if it believes the RBI has failed to carry out its obligations.


The time has arrived where we must understand the realities of the dark forces amongst us.

BNP mum on Qatar, says no extra capital needed

PARIS | Thu Sep 22, 2011 4:10pm IST

http://in.reuters.com/article/2011/09/2 ... 2120110922

French banks including BNP and Societe Generale have seen their share prices fall by more than half since the end of June over fears they are undercapitalized and overleveraged in the face of the unfolding euro debt crisis.

Even the prospect of fresh capital from a sovereign wealth fund was not enough to offset worries over the health of European banks and the euro area on Thursday, with BNP, SocGen and Credit Agricole down between 5 and 8.6 percent.


The time has arrived where we must understand the realities of the dark forces amongst us.

Greeks strike amid pain and anger over austerity

ATHENS | Thu Sep 22, 2011 4:44pm IST

http://in.reuters.com/article/2011/09/2 ... 9720110922

"We are living in terror that we may lose our jobs, our lives. Even if these lay-offs are necessary, we are not being treated like humans," said Costas Andrianopoulos, 32, who works at the National theatre.

"They cut our wages and our pensions and we took it. But I don't believe any more that any of this is for the good of the country. We'll be sacrificed for nothing. We can't avoid default. We have no hope."

BECAUSE YOU HAVE NO ARMS.


The time has arrived where we must understand the realities of the dark forces amongst us.

Sep 22, 3:35 AM EDT

AP IMPACT: NYPD eyed US citizens in intel effort

http://hosted.ap.org/dynamic/stories/U/ ... 2-03-35-30

The New York Police Department put American citizens under surveillance and scrutinized where they ate, prayed and worked, not because of charges of wrongdoing but because of their ethnicity, according to interviews and documents obtained by The Associated Press.

The documents describe in extraordinary detail a secret program intended to catalog life inside Muslim neighborhoods as people immigrated, got jobs, became citizens and started businesses.

The documents undercut the NYPD's claim that its officers only follow leads when investigating terrorism.

RACISM IS ONE OF THE CUNNING METHODS EMPLOYED BY THE SUPERPOWER TO CHECK THE ADVANCE OF AN ANTI-IMPERIALIST AND INDEPENDENT WORLD.


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