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Showing posts from September 28, 2008

INDIA : After MAD, terror outfits planned BAM

DNA Correspondent Saturday, October 04, 2008 17:39 IST MANGALORE: Some sketches and other incriminating documents seized from the four terror suspects arrested at Mangalore on Friday indicated they had been planning a BAM (Bangalore, Ahmedabad, Mangalore) blasts after the recent MAD (Mumbai,Ahmedabad, Delhi) blasts. The joint-operation, the Mumbai police, Karnataka's police and anti-Naxal squad, succeeded nabbing four Indian Mujahidin activists with substantial cash, CD, explosives, Jihad material, credits cards and active mobile sets. In all, 11 people were picked up, of whom four have been placed under arrests, and the remainder let off after interrogation. The arrested, Mohammed Ali (56), resident of Mukkachari, Jawed Ali (20), student of Quranic studies in Ullal, Naushad (25), a resident of Subhashnagar engaged in construction work, and Ahmed Bawa (33), a resident of Haleyangady, engaged in petty business have all been booked under Unorganised Activities (Prevention) Act

Indian National Overseas Congress Withdraws $100 Million Libel Law Suit filed against Kataria et al

October 2, 2008 PRESS RELEASE - $100 MILLION LIBEL LAWSUIT - FOR PUBLICATION PLEASE Indian National Overseas Congress Withdraws $100 Million Libel Law Suit filed against Kataria et al, aimed at exposing truth about Sonia Gandhi. Finally the truth has prevailed. In a bizarre turn of events, Karasik & Associates attorneys for Indian National Overseas Congress, a subsidiary of Indian National Congress, headed by Sonia Gandhi, in INOC v. Kataria, et al. served a Notice of Discontinuance in the above-named action to Justice Emly Jane Goodman of the Supreme Court of New York on September 29, 2008. The Notice of Discontinuane tantamounts to an unconditional surrender by the Congress Party and could be construed as a victory of Dharmic forces. In actuality, the hearing in this case, originally, was scheduled to be held October 2, 2008. The prominent Law Firm of Kornstein, Veisz, Wexler & Pollard represented Narain Kataria, Arish Sahani and Indo Caribbean Council. The stipulatio

Extraordinary Popular Delusions and the Madness of Crowds

Extraordinary Popular Delusions and the Madness of Crowds, originally published in 1841, is a landmark study of crowd psychology and mass mania, and a singular casebook of human folly throughout the ages. Chronicled here are accounts of swindles, schemes, and scams on a grand scale. Charles Mackay's account of the three infamous financial manias - John Law's Mississipi Scheme, the South Sea Bubble, and Tulipomania.Between the three of them, these historic episodes confirm that greed and fear have always been the driving forces of financial markets, and, furthermore, that being sensible and clever is no defence against the mesmeric allure of a popular craze with the wind behind it.In writing the history of the great financial manias, Charles Mackay proved himself a master chronicler of social as well as financial history. Blessed with a cast of characters that covered all the vices, gifted a passage of events which was inevitably heading for disaster, and with the benefit o

Strategic dilemmas amidst the bloodshed of Pakistan’s Marriott attack

Occurring at the same time as a precipitous decline in Pakistan-US security co-operation, the bombing of the Marriott hotel in Islamabad heightens the need for Pakistan’s political and security institutions to harmonise their own efforts against jihadi insurgents, but illustrates the magnitude of this undertaking. By Samir Puri for The suicide truck bomb that devastated Islamabad’s Marriott hotel on 21 September 2008 killed fifty-three and injured a further 266. In addition to the human toll, the attack was awash with both symbolic and strategic significance. In matters of terrorism the line between symbolism and strategy is a blurred one indeed – in this case the audacity of the targeting, the scale of destruction, and the timing of the attack has combined to heighten Pakistan’s strategic conundrum in graphic fashion. Symbolically, the Islamabad Marriott represented a key hub in Pakistan’s foreign interactions. Deemed both prestigious and secure, the US-owned hotel chai


CRIME, THE WORLD’S BIGGEST FREE ENTERPRISE By allowing capital to flow unchecked from one end of the world to the other, globalisation and abandon of sovereignty have together fostered the explosive growth of an outlaw financial market. Indeed the engine of capitalist expansion is now oiled by the profits of serious crime. From time to time something is done to give the impression of waging war on the rapidly expanding banking and tax havens. If governments really wanted to, they could right this overnight. But though there are calls for zero tolerance of petty crime and unemployment, nothing is being done about the big money crimes. By Christian de Brie Financial crime is becoming less visible, periodically coming to light in one country or another in the guise of scandals involving companies, banks, political parties, leaders, cartels, mafias. This flood of illicit transactions - offences under national law or international agreements - ha

Sarkozy Suggests New Bretton Woods Summit Should Take Place in the U.S

. Increase DecreaseOctober 1, 2008 (LPAC)-- The French, Oct. 4 "preparatory meeting" in Paris for a New Bretton Woods summit aims to bring together the heads of state and government of those EU members that belong to the G8. Besides French President Nicolas Sarkozy, German Chancellor Angela Merkel, British Prime Minister Gordon Brown, and Italian Prime Minister Silvio Berlusconi, the talks will also include financial decision-makers of the Eurozone: EU Commission President Jose Manuel Barroso, European Central Bank President Jean-Claude Trichet, and Jean-Claude Juncker, head of the eurogroup. This "G4" is scheduled to meet on Saturday afternoon, for three reasons: 1) The U.S. House of Representatives is expected to have voted on the revamped version of the Paulson swindle; 2) The ECB will have decided on its interest rates on Oct. 2; and 3) Markets are closed. The final meeting date can still change, and reports from Le Monde indicate how shaky this scramble l

Keynote Address -Robert B Zoellick ,Sixth IISS Global Strategic Review

The Sixth IISS Global Strategic Review CHANGING TRENDS IN GLOBAL POWER AND CONFLICT RESOLUTION IISS 50th Anniversary Conference 12-14 September 2008 Geneva, Switzerland All events will take place at The InterContinental Hotel 7-9 Chemin Du Petit-Saconnex, Geneva 1211 _____________________ As Prepared for Delivery Introduction You might be asking, “Now why did John Chipman invite the President of the World Bank Group to speak to the International Institute for Strategic Studies? In addition to the pleasure of seeing many friends, there is a particular reason why I wanted to speak to this audience. So let me explain. In 1944, delegates from forty five countries gathered at Bretton Woods, New Hampshire, to consider the economic causes that had led to the World War that was then raging. Their vision was not only to achieve military victory, but also to secure the peace, unlike their predecessors in Paris in 1919. That generation – like any other – had its p

INDIA: Reform Local Law Enforcement

Source: OFFSTUMPED This one is for not just those Catholic Bishops and U.R. Ananthamurthy but also Mr. Jaswant Singh and Ms Vasundhara Raje and every other Indian who loses sleep over every local incident of violence or mishap, jumps to the most attractive conspiracy theory if there was one, demands CBI probes and Judicial enquiries at the drop of a hat, express moral indignation when a Arushi murder case is reduced to a media circus but then conveniently forget that at the root of all this is the rot that afflicts Local Law Enforcement across the nation. This is also to remind them that those who abett and participate in Mob Violence are no outlaws operating outside the bounds of society. These are almost always individuals with a stake in the system who are otherwise law abiding but feel encouraged to break the rule of law by seeking refuge in the anonymity of the Mob. Offstumped had on multiple occassions called for Local Law Enforcement to be freed of the current system of bur

Surge in Anti-Jewish Messages on Online Finance Sites

ADL Reports Surge in Anti-Semitic Messages on Online Finance Sites in Response To Money Crisis New York, NY, October 2, 2008 … In the wake of the collapse of major investment banks and the government's proposed bailout of financial institutions, the Anti-Defamation League (ADL) is reporting a dramatic upsurge in the number of anti-Semitic statements being posted to Internet discussion boards devoted to finance and the economy. Hundreds of anti-Semitic posts regarding Lehman Brothers and other institutions affected by the subprime mortgage crisis have been submitted to discussion boards dealing with finance, with many more arriving by the minute. The messages rail against Jews in general, with some charging that Jews control the government and finance as part of a "Jew world order" and therefore are to blame for the economic turmoil. Anti-Jewish invective also has surfaced on a wide variety of blogs and conspiracy Web sites, according to ADL, which monitors ant

Chinese monitors track Internet messages

International herald Tribune By John Markoff Published: October 2, 2008 SAN FRANCISCO: A group of Canadian human-rights advocates and computer security researchers has discovered a huge surveillance system in China that monitors and archives certain Internet text conversations that include politically charged words. The system tracks text messages sent by customers of Tom-Skype, a joint venture between a Chinese wireless operator and eBay, the Web auctioneer that owns Skype, an online phone and text messaging service. The discovery draws more attention to the Chinese government's Internet monitoring and filtering efforts, which created controversy this summer during the Olympic Games in Beijing. Researchers in China have estimated that 30,000 or more "Internet police" monitor online traffic, Web sites and blogs for offensive content in what is called the Golden Shield Project or the Great Firewall of China. The advocates, who are based at Citizen Lab, a research

Not a Cent for the Bankrupt Banks --Italian Senate

This article appears in the October 3, 2008 issue of Executive Intelligence Review. by Helga Zepp-LaRouche This article was translated from German. Although Germany will probably be the last nation where the media will report on it, in reality, there is only one realistic proposal, as to how the greatest breakdown crisis of the finanical markets since money came into existence, can be overcome. This revolutionary proposal was just submitted as a resolution in the Italian Senate by Sen. Oskar Peterlini and, so far, by an additional 19 Senators. It calls upon the Italian government to immediately put on the international agenda the entire program proposed by Lyndon LaRouche for a New Bretton Woods. Italian Economics Minister Giulio Tremonti had previously repeatedly demanded the immediate formation of a new financial architecture. The second—unrealistic—proposal of U.S. Secretary of the Treasury Henry Paulson, to ram through a fund of $700 billion as the beginning of an unlimi