Euro and Oil Will Continue to Plunge

By: Dan Weil– The carnage isn’t over for the euro, which has dropped to a four-year low against the dollar, says investment guru Dennis Gartman. Europe’s financial crisis will continue to drive the common European currency down — below $1.20, says the publisher of The Gartman Letter. The euro recently traded at $1.2240. “It’s having […]

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TURKS PREPARE FOR WAR AGAINST ISRAEL

PAUL L. WILLIAMS, PH.D.A statement from the Turkish government promises “unprecedented and incalculable reprisals” against Israel for the Israeli Navy’s seizure of the Marmora, a Turkish vessel, which was leading a fleet of ships through the Gaza blockade yesterday. The statement has received the support of Hezbollah, an arm of the Iranian government, and Hamas, […]

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Obama Makes Little Headway among Arabic-speaking Muslims

by Daniel Pipes May 29, 2010 Cross-posted from National Review Online Barack Obama entered with high hopes of improving the U.S. image among Muslims worldwide, hauling out his middle name, giving his first interview as president to Al-Arabiya television, quoting hadith, giving major speeches in Istanbul and Cairo, and talking ceaselessly of “respect” for Muslims. […]

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A Very Expensive Milestone

This past Wednesday, the United States crossed a very expensive milestone: U.S. national debt exceeded $13 trillion.  It is a mind-boggling number.  What does this mean for you and your family?  The debt per citizen is $42,025 and the debt per taxpayer is an astronomical $117,982. How did we get here?  Years of fiscal mismanagement […]

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KA-BOOM FOR THE KA’ABA?

ISRAELI THINK TANK PROPOSES MEASURES TO MUSLIM ATTACK Paul L. Williams, Ph.D., A leading Israeli think tank now recommends that a response by Israel to a non-conventional attack from Arab countries must include attacks on “major Muslim sites,” including Mecca and Medina, Islam’s two holiest cities. This recommendation is included in a confidential paper from […]

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Obama Should Credit Bush for Terror Successes

By: Ronald Kessler In his speech at West Point, President Obama claimed credit for having had “more success in eliminating al-Qaida leaders in recent months than in recent years.” It was Obama’s usual effort to knock the Bush administration, either explicitly or implicitly. But as is so often the case, his comparison was misleading. While […]

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