Thursday, 23 February 2012 09:52 'Belgium’s Herman Van Rompuy is standing for a new term as term as European Council President. The reappointment of the Flemish Christian democrat politician is expected to be rubberstamped by a European Council at the beginning of March. Mr Van Rompuy is the first politician to fill the post created in 2009 stepping down as Belgian Premier to accept the job.' Read more: Another Term for an Unelected Van Rompuy as Der Führer of European Council Thursday, 23 February 2012 08:48 'Social Security status-quo defenders have assured us for the past 25 years that Social Security is fully funded—for the next 25 years, or 2036. So if there are real assets in the Social Security Trust Fund—$2.6 trillion allegedly—then how could failure to reach a debt-ceiling agreement possibly threaten seniors’ Social Security checks? The answer is that the federal government has borrowed all of that trust fund money and spent it, exactly as Krauthammer asserted. And the only way the trust fund can get some cash to pay Social Security benefits is if the federal government draws it from general revenues or borrows the money—which, of course, it can’t do because of the debt ceiling.' Read more: What Happened to the $2.6 Trillion Social Security Trust Fund? Thursday, 23 February 2012 08:47 Thursday, 23 February 2012 08:42 'A mocked-up terror attack on the London Underground is being staged as part of a massive exercise to test security for the 2012 Games. The exercise is to test the response to a terrorist incident on the London Underground network during the Olympics. Some 2,500 people - spanning everyone from police constables to Cobra, the top level Government committee which sits during national emergencies and crisis, are being put through their paces by the two-day test.'
Thursday, 23 February 2012
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