Saturday, 23 October 2010

White House Seeks to Remove Obama'

"Right now, there is discussion in Washington and within the government of using the 25th amendment to the US Constitution to remove Obama from office," Edward Spannaus from Executive Intelligence Review said in an interview with Press TV on Friday.

The amendment allows for removing the president if he/she has incapacity either physically or mentally. "In this case, Obama is mentally incapable of fulfilling the office of president," Spannaus went on to say.

Referring to Obama's plummeting popularity, mostly due to the recent economic collapse in the US, Spannaus said, "There is no way that his presidency could be salvaged at this point and it does not really make any difference who wins the congressional elections".'

Read more: 'White House Seeks to Remove Obama'

Nicolas Sarkozy Orders Break-up of Blockades as French Protests Continue

'Nicolas Sarkozy today ordered French police to break up oil depot blockades in an attempt to calm fears over petrol shortages as strikes over pension reform continued. Police moved in to dismantle barricades at several key depots early in the morning, including sites at Le Mans, La Rochelle and Dinge, but some strikers resumed picketing in the afternoon. A handful of depots remained blocked this afternoon.

With panic buying taking place in the run-up to the half-term holiday, the government said nearly a third of petrol stations were empty or running short. Fuel imports hit a record high as the government sought to circumvent the 24-day blockade of France's largest oil port near Marseille, where 51 tankers waited in the Mediterranean, unable to dock.

The French president refused to back down on his reform of the pensions system, and vowed to crack down on those who "sought to paralyse the country", warning that strikers would damage France's economy.'

Read more: Nicolas Sarkozy Orders Break-up of Blockades as French Protests Continue

Fury Over £1 Billion Stealth Carbon Tax in Spending Review

'About 5,000 large and medium-sized companies with bills of more than £500,000 per year will be hit by the new tax. George Osborne, the Chancellor, did not mention the levy in his spending cuts speech. But the details were buried in Treasury documents setting out how money will be raised to pay down the deficit.

Starting in April 2012, the Treasury plans to collect money from all businesses forced to enter its Carbon Reduction Commitment (CRC) scheme. The green measure was due to be introduced in April 2011 to force companies to buy "allowances" at £12 for every tonne of carbon dioxide they emit.

Previously, the best performing businesses would have received rebates if they reduced emissions, while poor performers would pay in full. The scheme will now simply penalise companies according to the amount of carbon dioxide they produce.'

Read more: Fury Over £1 Billion Stealth Carbon Tax in Spending Review