News Stories

[bladeofdarkness]

Originally Posted by SaintessHeart

It is just like the old Ottoman or Persian empire where religious beliefs are enforced onto others. Then the Imams and secessionists try to wrest for control with each other by quoting bit and pieces from the Quran, destabilising the Sultans' rule.

its deeper then that.
prior to WWI, the whole concept of Nationalism didn't really exist in the Arab world.
religion wasn't simply a belief system, it was an identity.
you weren't Egyptian, or Syrian, or Saudi, or whatever, but a Muslim.
you might be a Muslim from one praticular area or clan, but your primary "national" identity was the Islamic one rather then the national one.

past WWI, with the collapse of the Ottoman empire, many new countries were created, but all of them were basically created by the UK and France dividing territory as they see fit, and putting in power those allies who helped them during WWI.
over the next few decades, many countries underwent revolutions (Egypt, Iraq, Syria, etc) but in other countries (Jordan, Saudi arabia, etc) those same regimes still exist today.
even the countries that DID undergo revolutions, never really developed much of a national identity, partly owing to the very notion of "national identity" being an artificial one in the middle east.

and if the national identity didn't replace the religious one, then it was only a matter of time until the old ways reared their ugly heads.

[AnimeFan188]

"The California nonprofit organization that operates the Internet's levers has
always been a target for such global heavies as Russia and China that prefer the
United Nations to be in charge of the Web. But these days, the Internet
Corporation for Assigned Names and Numbers is fending off attacks from a
seemingly unlikely source: the Obama administration."

See:

http://www.washingtonpost.com/wp-dyn...l?hpid=topnews

[AnimeFan188]

"Evidence outlined in a Pentagon contractor report suggests that financial
subversion carried out by unknown parties, such as terrorists or hostile nations,
contributed to the 2008 economic crash by covertly using vulnerabilities in the
U.S. financial system."

See:

http://www.washingtontimes.com/news/...-crash/?page=1

[Kamui4356]

Originally Posted by flying ^

man i was close... here's my last week's prediction

http://forums.animesuki.com/showpost...ostcount=12144



also... every state which has a nightmarishly messed up debt has huge problems trying to fund its exponentially-expanding union-employee pension fund. Nearly all are blue states, go figure. It will soon be the job of every worker in the state's sole purpose to pay taxes to fund people who retire at 2/3 or better pay for life after 20 years of employment

So Texas is a blue state with an "exponentially-expanding union-employee pension fund?" Who knew?

[RandySyler]

Originally Posted by AnimeFan188

"Evidence outlined in a Pentagon contractor report suggests that financial
subversion carried out by unknown parties, such as terrorists or hostile nations,
contributed to the 2008 economic crash by covertly using vulnerabilities in the
U.S. financial system."

See:

http://www.washingtontimes.com/news/...-crash/?page=1

That sounds like a huge stretch. I'd believe that the crash was contributed to/orchestrated by the Wall Street bankers sooner than believe that it was "terrorists".

[Xellos-_^]

Originally Posted by RandySyler

That sounds like a huge stretch. I'd believe that the crash was contributed to/orchestrated by the Wall Street bankers sooner than believe that it was "terrorists".

who do you think is paying the pentagon contractor to write this report?

[Vexx]

Originally Posted by AnimeFan188

"Evidence outlined in a Pentagon contractor report suggests that financial
subversion carried out by unknown parties, such as terrorists or hostile nations,
contributed to the 2008 economic crash by covertly using vulnerabilities in the
U.S. financial system."

See:

http://www.washingtontimes.com/news/...-crash/?page=1

Apparently we're at war with Oceania this week?

[ganbaru]

Originally Posted by Vexx

Apparently we're at war with Oceania this week?

Always trying to exagerate the danger to keep the fear and bujet...

Iran forces fire teargas at protesters
http://ca.reuters.com/article/topNew...7203DJ20110301
While everyone are looking toward Libya...

[bladeofdarkness]

Originally Posted by ganbaru

Iran forces fire teargas at protesters
http://ca.reuters.com/article/topNew...7203DJ20110301
While everyone are looking toward Libya...

considering past experience, the protesters are lucky thats ALL they were firing at them.

[ganbaru]

Pakistan’s only Christian cabinet minister shot dead in Islamabad
http://www.theglobeandmail.com/news/...rticle1926178/

[Tsuyoshi]

Originally Posted by ganbaru

Always trying to exagerate the danger to keep the fear and bujet...

Iran forces fire teargas at protesters
http://ca.reuters.com/article/topNew...7203DJ20110301
While everyone are looking toward Libya...

Tear gas is nothing when you consider how there's a borderline civil war in Libya, with actual gunfighting taking place there on some occasions. As baldeofdarkness said, they were lucky that's all they got.

[ganbaru]

Originally Posted by Tsuyoshi

Tear gas is nothing when you consider how there's a borderline civil war in Libya, with actual gunfighting taking place there on some occasions.

Or considering Iran's past action. They used far more violent action inthe past...

[SaintessHeart]

Originally Posted by ganbaru

Or considering Iran's past action. They used far more violent action inthe past...

They have always been shooting and torturing their own people seen Khomieni. He uses religion to keep his citizens in check, oil money to bribe them into submission while demonising US to make himself feel good.

Ahmadinejad and Khamieni, his lackeys, lack sufficient diversion from the other side of the world after the Cold War ended, so US culture flowed into Iran. They are simply fearful of losing their power over the people, and the exploitations they stand to gain from Iran's oil money - so they are very likely to use force again. The tear-gas, as usual, is only the beginning.

[Ithekro]

So what happens after the Middle Eastern countries run out of oil? Does the West, Russia, and China tap their own reserves they haven't really been using all that much in the last 60 or so years and leave the Middle East to rot?

[SaintessHeart]

Originally Posted by Ithekro

So what happens after the Middle Eastern countries run out of oil? Does the West, Russia, and China tap their own reserves they haven't really been using all that much in the last 60 or so years and leave the Middle East to rot?

Obviously.

[ganbaru]

Originally Posted by Ithekro

So what happens after the Middle Eastern countries run out of oil?

They are probably tring to avoid the question...

[bladeofdarkness]

Originally Posted by Ithekro

So what happens after the Middle Eastern countries run out of oil? Does the West, Russia, and China tap their own reserves they haven't really been using all that much in the last 60 or so years and leave the Middle East to rot?

one can only hope.

[JMvS]

Bank run fears in South Korea

Spoiler for length:

Bank run fears engulf savings bank industry
Officials unveil moves to end panic

Kim Seok-dong, Financial Services Commission chairman, right, and Kim Jong-chang, Financial Supervisory Service governor, center, explain the savings bank suspension yesterday at the FSC headquarters. By Oh Jong-taek

More than a thousand customers lined up in front of the Busan II Savings Bank located in Busan yesterday as soon as the nation’s financial regulator announced a six-month business suspension of Busan Savings Bank and its affiliate Daejeon Mutual Savings Bank.

The line formed by depositors extended about 100 meters (328 feet) from the door of Busan II Savings Bank. “You won’t be allowed to withdraw your money if you are just standing there without a queue ticket number,” a bank employee told the crowd using a microphone.

Those without a ticket then headed to the automated teller machines to withdraw their money, but the machines quickly ran out of cash.

“I’ve saved 40 million won ($35,810) over my whole life. That money was going to be used for my grandson’s marriage but I cannot trust these people [bank employees] saying that I am guaranteed to get my money back,” said Cho So-young, 79.

Although the government guarantees deposits of up to 50 million won at savings banks, the number of customers who hold deposits of more than 50 million won stood at around 4,700 in Busan Savings Bank and 675 in Daejeon Mutual Savings Bank, which triggered the current crisis.

Although operations of three of Busan Savings Bank’s four affiliates were not suspended, there are fears that they could be hit by a bank run on their deposits.

In the case of Busan II Savings Bank, its capital adequacy ratio stood at 6.0 percent as of the end of 2010, but its liabilities exceeded assets by 12.5 billion won.

Two other affiliates, Jungang Busan Savings Bank and Jeonju Savings Bank, have capital adequacy ratios of 3.6 percent and 5.6 percent, respectively. But they are unlikely to avoid a suspension of business if a bank run occurs.

The financial regulator recommends that savings banks maintain a capital adequacy ratio above 5 percent.

The FSC yesterday placed on a watch list five savings banks whose capital adequacy ratio fell below 5 percent, including Bohae Bank, Domin Bank, Woolee Savings Bank, Saenuri Savings Bank and Yes Savings Bank. Financial authorities expressed confidence that these five banks would not be suspended since they were undergoing management restructuring.

But analysts expressed concerns that public panic about savings banks could spread.

“The fears of depositors are mounting, which could lead to bank runs at a number of savings banks, and it could eventually spread to the entire savings bank industry,” said Jung Sung-tae, a researcher at LG Economic Institute.

The financial regulator is preparing to take measures to counter this possibility.

The state-run Korea Finance Corporation and four commercial banks - Woori, Kookmin, Shinhan and Hana - have decided to inject 2 trillion won of emergency liquidity into the savings bank sector.

In addition, the government has decided to extend the amount of loans that can be borrowed by the Korea Federation of Savings Banks to support savings banks from the current 600 billion won to 3 trillion won.

Financial authorities are currently working to establish a joint deposit insurance account as a safety net for other financial sectors to curb the spread of possible financial risks from the savings banks. Funds for a joint deposit insurance account would be collected by financial institutions.

“A way to secure capital [for savings banks] is to establish a joint account holding fund amounting to 10 trillion won,” explained Kim Seok-dong, FSC chairman. “This problem will be closely discussed with the National Assembly.”

[MrTerrorist]

Retired American soldiers new 'mission to teach'

Plagiarism: The Ctrl+C, Ctrl+V boom

Graduates - the new measure of power

[flying ^]

Originally Posted by ZephyrLeanne

Good news.

Arizona blocks funeral protests

http://www.politico.com/news/stories/0111/47418.html

Originally Posted by flying ^

some have not held up in court
for example...
http://blogs.riverfronttimes.com/dai...v_missouri.php


oh btw, the church agreed to cancel the protest (for the 9/yo) in exchange for airtime on two Tucson radio stations.

now this one takes the cake

http://www.csmonitor.com/USA/Justice...h-is-protected

WBC continues business as usual

http://www.sanjoseinside.com/news/en...ramie_project/