Tuesday, 4 November 2008





US Is Caught Funding Iranian Nuclear Program

'CNN carried a report that the US is funding the Iranian Nuclear program via two Russian Institutes.The US Energy Secretary stated that the Bushehr reactor is for peaceful purposes of power generation which directly contradicts the State departments position that Bushehr is being used to ramp up Nuclear Weapons development.'

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How McCain Could Win

'It's November 5 and the nation is in shock. Media blame it on the "Bradley effect": Americans supposedly turned into Klansmen inside the voting booth, and Barack Obama turned up with 6 million votes less than calculated from the exit polls. Florida came in for McCain and so did Indiana. Colorado, despite the Democrats' Rocky Mountain high after the Denver convention, stayed surprisingly Red. New Mexico, a state where Anglos are a minority, went McCain by 300 votes, as did Virginia.

That's the nightmare. Here's the cold reality.

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World Shipping Slowly Grinding To A Halt

'Another ominous sign comes to light as world shipping starts to grind to a halt. The situation now is that for those shipping companies that can actually get letters of credit are now slowing down their ships to reduce fuel consumption, slashing crew numbers and leaving some of their tonnage in dock with the lights out. The problem with letters of credit, which are needed before a vessel leaves harbour, is that demands between banks are being denied as banks are not trusting each other. The Libor rate and the interbank lending figures are just another reinforcement of this catastrophic process.'

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Coastguard Banned From Using Flares Over Safety Fears And Told To Use A Torch Instead

'Coastguards have been banned from using flares in rescue missions after they were ruled to be a risk to health and safety. The Maritime and Coastguard Agency says the devices, which are used to illuminate large areas of land and sea during night-time searches, could cause 'considerable injury'.

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