Iraq Will Sue Israel over 1981 Attack

The Iraqi government has filed a claim with the United Nations for financial compensation from Israel for bombing the Iraqi nuclear reactor in 1981. Iraqi prime minister Nouri Al-Maliki is seeking the compensation after the cabinet decided on November 25 to set up a “neutral committee” to determine the scale of compensation that Israel will […]

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Fannie and Freddie Executives to get Millions

Mortgage Execs’ Hefty Salaries To Be Disclosed Federal regulators plan to disclose Thursday that the top executives of government-controlled mortgage finance companies Fannie Mae and Freddie Mac each earned between $4 million and $6 million this year, two people briefed on the matter said. The people, who declined to be identified because the announcement was […]

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China warns Obama deficit spending must stop

Beijing reluctant to keep bankrolling president’s belt-buster budget One day after the Chinese Prime Minister Wen Jiabao snubbed President Obama at the United Nation’s Copenhagen Climate Summit, the Chinese warned the United States that China’s ability to continue buying U.S. Treasury debt was limited. Zhu Min, the deputy governor of the People’s Republic of China, […]

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D.C. Snowstorm Chills Pelosi’s Global Warming Trip

Copenhagen – In a strange twist, a Washington snowstorm is forcing Speaker Nancy Pelosi, D-California, to make an early departure from a global warming summit here in Denmark. Pelosi told CNN that military officials leading her Congressional delegation have urged the 21 lawmakers to leave Copenhagen several hours earlier than scheduled on Saturday. The Speaker […]

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Mission Not Accomplished

Peter Schiff–Although Barack Obama has refrained, at least for now, from delivering triumphant speeches in a naval flight suit, there is nevertheless a strong tone of accomplishment emanating from the President and his deputies. Over the weekend, top White House economic adviser Lawrence Summers even pronounced that the recession is now over. Without hedging his […]

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