china confidential
South Korea Demands North Scraps Nukes
South Korea is insisting that North Korea abandon atomic arms, as reported here.
That will never happen as long as the Stalinist/Kimist criminal regime is in power. North Korea aims to conquer the South, drive the United States from the Korean Peninsula, and dominate Japan.
China Confidential analysts expect the North to respond to Seoul--with new missile tests and, eventually, another nuclear weapon test.
U.S. appeasement and diplomacy for its own sake--as an end as opposed to a means to an end--is setting the stage for catastrophe.
Iran Blames Israel for Deadly Blast
Sure enough, as China Confidential predicted, Islamonazi Iran has blamed Israel for the attack on the Hitlerian IRGC. Click here for the report.
Israel is bracing for a major terrorist strike--which could trigger a new Mideast war.
Iran is vowing to "punish" Israel, the United States, the UK, and Pakistan for the suicide bombing. Given Iran's development of ballistic missiles and nuclear weapons, vows to "burn Tel Aviv" and actually annihilate all of Israel, control over Hezbollah, which is also bristling with missiles and rockets, and allegations of British involvement in post-election protests and violence, it is not difficult to see how a chain of events could rapidly spin out of control and engulf the entire region in catastrophic conflict.
Defending Small Bondholders, Billionaire US Investor Carl Icahn Offers $6 Billion Loan to CIT
A brilliant billionaire breaks the mold....
Reuters reports:
Famed corporate raider Carl Icahn said he offered to underwrite a $6 billion loan to CIT Group Inc, complaining that horse-trading between the troubled lender and its largest creditors was harming other bondholders.
In a letter to CIT's board on Monday, Icahn said the cash-strapped commercial lender is offering certain large bondholders the opportunity to purchase $6 billion in secured loans well below their fair market value.
The billionaire investor, who has made himself a champion of corporate governance, said the offer to large creditors comes at the expense of thousands of smaller bondholders.
Continue here.
And click here for the most informative, interesting, and provocative financial/business blog on the planet.
Iran: Nuclear Program Will Continue if Talks Fail
Appeasement fans the flames of aggression....
An Iranian official said today that Iran will continue to enrich uranium if talks with world powers about its nuclear program fail.
The spokesman for Iran's Atomic Energy Agency Ali Shirzadian made the announcement while speaking to the state-run Islamic Republic News Agency (IRNA) Monday, just hours before talks in Vienna about Iran's nuclear program were set to resume.
The discussions among representatives from Iran, Russia, France, the United States and the International Atomic Energy Agency are expected to focus on a proposal to have Iran ship uranium to Russia and France for conversion to reactor fuel.
Sunday, October 18, 2009
Iran Blames US for Suicide Blast
Blaming the United States, Iran vows a crushing response to the suicide attack on the IRGC. Click here for the story.
Iran will soon blame Israel, too.
Posts
