Tuesday, 25 May 2010 07:26 'A Democratic senator is introducing legislation for a bailout of troubled union pension funds. If passed, the bill could put another $165 billion in liabilities on the shoulders of American taxpayers. The bill, which would put the Pension Benefit Guarantee Corporation behind struggling pensions for union workers, is being introduced by Senator Bob Casey, (D-Pa.), who says it will save jobs and help people.' Tuesday, 25 May 2010 07:08 'The council, which licenses and oversees doctors, found him guilty of serious professional misconduct and stripped him of his right to practice medicine in the U.K. Wakefield said he plans to appeal the ruling, which takes effect within 28 days. The investigation focused on how Wakefield and colleagues carried out their research, not on the science behind it. Wakefield said in January that the medical council's investigation was an effort to "discredit and silence" him to "shield the government from exposure on the (measles) vaccine scandal." Appearing from New York on NBC's "Today Show" on Monday, Wakefield described the British decision as "a little bump on the road." He claimed the U.S. government has been settling cases of vaccine-induced autism since 1991.' Read more: Andrew Wakefield Banned: British Doctor Behind MMR Vaccine Scare Struck Off Register Tuesday, 25 May 2010 07:01 'It is no longer a question of whether Ireland will go bust, but when. Unlike Greece, our woes do not stem from government debt, but instead from the government’s open-ended guarantee to cover the losses of the banking system out of its citizens’ wallets. Even under the most optimistic assumptions about government spending cuts and bank losses, by 2012 Ireland will have a worse ratio of debt to national income than the one that is sinking Greece.' Read more: Burden of Irish Debt Could Yet Eclipse That of Greece Tuesday, 25 May 2010 06:36 'It appears as if the G20 summit in Toronto is shaping up to be a showdown between anarchists and police. Caught in the middle of the security circus are local residents. If there is violence and property damage, peaceful protesters will also be demonized. The recent bombing of a bank, perpetrated by a so-called anarchist group, has given an excuse to enact more police state measures during the summit. The curious timing of the attack emphasizes the threat of terrorism and further justifies the huge security apparatus being assembled.' Read more: The Toronto G20 Police State Crackdown Tuesday, 25 May 2010 06:31 'Republicans on the House Financial Services Committee want to find out if anyone in the Obama White House attempted to influence the financial bailout of a well-known Chicago-based "community bank," which faced FDIC closure last week, and which, going back to the Clinton Administration, has had close ties to ACORN and the leftist community-organizing world of Chicago. The story about the bailout attempt of ShoreBank first began breaking last Thursday night. The FDIC was demanding that the bank have $125 million in investments by Friday, but discussions to bail out the bank, which has close ties to both senior members of the Obama Administration, as well as the Clinton family, went deep into the weekend as Chicago politicians scrambled to save the bank.'
Tuesday, 25 May 2010
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