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Tuesday, Jul 08th

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Report raises doubts about Obama missile defense plan

Standard missile 3The missile defense system that President Barack Obama plans to deploy in Europe starting next year may not function properly and could face significant cost overruns, a nonpartisan congressional watchdog agency warned Tuesday.

The report raises questions about legislation that would strengthen the U.S. commitment to the deployment plan that the White House was negotiating in return for Republican votes it needed for Senate approval of a new U.S.-Russia nuclear arms reduction treaty.

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Obama administration readies indefinite detention order for Guantanamo detainees

Guantanamo Bay prisonersThe Obama administration is preparing an executive order that would formalize indefinite detention without trial for some detainees at the U.S. military prison at Guantanamo Bay, Cuba, but allow those detainees and their lawyers to challenge the basis for continued incarceration, U.S. officials said.

The administration has long signaled that the use of prolonged detention, preferably at a facility in the United States, was one element of its plan to close Guantanamo. An interagency task force found that 48 of the 174 detainees remaining at the facility would have to be held in what the administration calls prolonged detention.

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Judge revokes $5M bond for ex-Madoff worker Annette Bongiorno

Annette Bongiorno, Bernie Madoff's asst.One of Bernard Madoff's trusted former workers got an early lump of coal for Christmas this morning from a judge who revoked her bail and ordered her to surrender to US Marshals. Annette Bongiorno -- who allegedly pocketed $14.5 million through her boss's Ponzi scheme -- surrendered to marshals in West Palm Beach, Fla., this afternoon.

Earlier in the day, Manhattan federal Judge Laura Taylor Swain said Bongiorno has an "abundance of unrestricted assets" that could help her flee conspiracy charges that could send her to prison for life, Manhattan federal Judge Laura Taylor Swain said.

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Health insurers face new rules over price hikes

Health insurers face new rulesU.S. health insurance companies that want to increase premiums by 10 percent or more next year would face tougher government scrutiny under new rules proposed on Tuesday.

The rules, called for under the sweeping healthcare law passed in March, would require insurers with price increases of 10 percent or more in 2011 to submit data justifying the higher rates for states or, in some cases, the federal government to assess.

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Congress passes bill to help save world's sharks

Congress passes bill to help save sharksCongress on Tuesday passed legislation to better protect sharks, creatures that swam the oceans before the age of dinosaurs but now are being killed by the millions for their fins, a delicacy used in a traditional Chinese soup.

Conservationists called the measure a major step to save a species in trouble. They estimate that 73 million sharks are killed annually to support the shark fin trade, and that 30 percent of the world's species are threatened or nearly threatened with extinction. The loss of too many top predators can disrupt the balance of the populations of other species.

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Racial discrimination - a tool of occupation

Racial discrimination - a tool of occupationOur destination was Jub Al-Dib in the Bethlehem area. We located it on the map but getting there by car was a different story. That’s because the West Bank is very spread out, despite its small area. There are hundreds of sometimes tiny communities strewn across the hills and valleys. And going from Palestinian point A to Palestinian point B in the West Bank has nothing to do with directions, logic, or geography.

It is decided by a very intricate system of rules, restrictions, and checkpoints that Israel has designed to limit Palestinian movement. There are settler-only roads, "shared" roads, and then there are no roads at all … just rugged terrains. So sometimes, to go southwest, Palestinians must first drive northeast, etc. …

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Apple Removes WikiLeaks App From App Store

WikiLeaks app removed by AppleLooks like an unofficial iPhone and iPad app that let you view WikiLeaks site content and follow the WikiLeaks Twitter account on the go has been removed from the App app store earlier today. The app used to be available here (here’s the Google cache).

From the WikiLeaks App’s description: “The Wikileaks app gives instant access to the world’s most documented leakage of top secret memos and other confidential government documents.”

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Ron Paul, Author of 'End the Fed,' to Lead Fed Panel

Representative Ron Paul, Texas Republican and author of "End the Fed," will take control of the House subcommittee that oversees the Federal Reserve.

"This is the leadership team that crafted the first comprehensive financial reform bill to put an end to the bailouts, wind down the taxpayer funding of Fannie Mae and Freddie Mac, and enforce a strong audit of the Federal Reserve," Bachus said in a statement.

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NJ to Suspend Tens of Thousands of Foreclosure

The banks involved include Bank of America, Ally (formerly GMAC), JP Morgan Chase, One WestBank (formerly Indybank), Citibank, and Wells Fargo.

Together, they filed 29,000 foreclosure notices so far this year, nearly half of the 65,000 to date.

In addition, the Court is demanding that two dozen smaller lenders prove that they are on the up and up with all of their foreclosure actiions, and must provide proof to a Special Master that they did not use any shortcuts in moving people out of their homes.

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