Monthly Archives: September 2012

Cops leave Beach Park home in shambles after drug raid goes awry

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“A family is still wondering what happened when a package was delivered and then 10 minutes later drug raiders burst through the front door.  Architect Paul Brown was in the basement of his home at the end of Adelphi Avenue when he heard a ‘huge noise’ Friday afternoon that drew him up the stairs where he was meet by gun in his face.  He was handcuffed and placed on a chair. And a gun was still pointed at his face.”

http://newssun.suntimes.com/news/15211604-418/cops-leave-beach-park-home-in-shambles-after-drug-raid-goes-awry.html

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QE3 – Pay Attention If You Are in the Real Estate Market

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“Watch to see how much the banks pass through to homeowners and property owners to see how fast and big the turn may be. Watch to see the inflow of funds from offshore. This is not only funds returning but investors around the world looking to exchange their dollars for tangible assets to protect themselves from debasement of the dollar denominated deposits and securities they hold. Watch to see what the renegotiation of federal tax policy and the reengineering of the federal budget in response to the ‘fiscal cliff’ do to reposition housing and real estate prices and cost of financing for an inflow looking for large accumulations.”

http://www.thedailybell.com/4323/Catherine-Austin-Fitts-QE3-Pay-Attention-If-You-Are-in-the-Real-Estate-Market

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Greece sells off London consulate and royal cemetery

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“Other lots will include an office building in Brussels, property in Belgrade, a home in Llubljana and land in Nicosia, Cyprus.  Last year Greece agreed to raise €50bn before 2020 by auctioning off assets including the state gas utility DEPA and gas distributor DESFA as part of conditions attached to its €240bn bail-out rescue. The country has even identified 40 uninhabited islands which it plans to lease out for as long as 50 years.  So far only €1.8bn has been raised and the latest property sales are unlikely to be completed before 2013.”

http://www.telegraph.co.uk/finance/financialcrisis/9552923/Greece-sells-off-London-consulate-and-royal-cemetery.html

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AMR expects about 4,400 job cuts, warns 11,000

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“American Airlines is sending layoff warning notices to more than 11,000 employees.  Over the summer American agreed to give bonuses to flight attendants and ground workers who quit. So far 1,800 flight attendants and 800 ground workers have applied to take the money and leave.  Layoff notices went to nearly 3,000 workers in the Dallas-Fort Worth area, where a maintenance facility will close, and nearly 3,000 more at a base in Tulsa, Okla. Also receiving notices were about 1,200 workers in Miami, 1,100 in New York and Newark, N.J., 900 in Chicago, and smaller numbers elsewhere.”

http://online.wsj.com/article/AP11fe570d7a7543f5877ae9c9554c4da1.html

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FedEx Cuts 2013 Forecast as Economy Pinches Premium Shipping

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“FedEx Corp., operator of the world’s largest cargo airline, cut its annual profit outlook as a weakening economy spurs shippers in the U.S. and overseas to switch to cheaper delivery options.  ‘Fundamentally what’s happening is that exports around the world have contracted and the policy choices in Europe, the U.S. and China are having an effect on global trade,’ Chief Executive Officer Fred Smith said on a conference call. ‘Over the last few months, exports and trade have gone down at a faster rate than GDP has.'”

http://www.sfgate.com/business/bloomberg/article/FedEx-Cuts-2013-Forecast-as-Economy-Pinches-3874146.php

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‘Restructuring’ Bank of America to cut 16,000 jobs

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“Bank of America plans to cut 16,000 jobs as part of a major restructuring plan by the end of 2012, when it would no longer be the largest US banking employer, the Wall Street Journal reported Thursday.  Most of the cuts are expected to come from the consumer banking division, as the bank plans to close 200 branches, on top of 178 shut down in 2011, the newspaper said, citing an individual familiar with the document.”

http://www.rawstory.com/rs/2012/09/20/restructuring-bank-of-america-to-cut-16000-jobs-report/

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Pawlenty steps down as Romney campaign co-chair, becomes top bank lobbyist

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“Former Minnesota Gov. Tim Pawlenty (R) is stepping down as co-chair of the campaign to elect former Gov. Mitt Romney (R-MA) president. According to CNN, Pawlenty has been tapped as president and CEO of the Financial Services Roundtable, a Washington-based group that lobbies for banks.”

http://www.rawstory.com/rs/2012/09/20/pawlenty-steps-down-as-romney-campaign-co-chair/

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The Members Of Romney’s Campaign Who Work For Fox

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“Four Fox News contributors are serving as surrogates or advisers for Mitt Romney’s presidential campaign. In many instances, Fox News has failed to disclose its employees’ ties to the Romney campaign while hosting them.  Another contributor, Karl Rove, is a co-founder and adviser for the super PAC American Crossroads, which is spending millions to defeat President Obama. Jay Sekulow frequently appears on Fox News to discuss legal issues and attack the Obama administration without being identified as a Romney legal adviser.”

http://www.mediamatters.org/blog/2012/09/10/the-members-of-romneys-campaign-who-work-for-fo/189821

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Emails reveal Justice Dept. regularly enlists Media Matters to spin press

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“Internal Department of Justice emails obtained by The Daily Caller show Attorney General Eric Holder’s communications staff has collaborated with the left-wing advocacy group Media Matters for America in an attempt to quell news stories about scandals plaguing Holder and America’s top law enforcement agency.  Dozens of pages of emails between DOJ Office of Public Affairs Director Tracy Schmaler and Media Matters staffers show Schmaler, Holder’s top press defender, working with Media Matters to attack reporters covering DOJ scandals.”

http://dailycaller.com/2012/09/18/emails-reveal-justice-dept-regularly-enlists-media-matters-to-spin-press/

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NY Times Peddles War Propaganda: Interview with Daniel Simpson

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“Abby Interviews former New York Times journalist, Daniel Simpson about his choice to leave the famous news source after citing war propaganda in its publications.”

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