THE FLASHLIGHT, March 15-21, 2008
THE FLASHLIGHT
March 15-21, 2008
No Peace without Justice, no Justice without the Facts
US Economy
NYTimes 3-14. The credit crunch grows worse and the economy is weak as a result of deficit spending. Food and gasoline prices are rising.
BBC 3-17. With the help of the Federal Government, Morgan Chase Bank bought Bear Stearns Bank for $2 a share, a fraction of its former value. Overseas, stock prices are falling. US commentators say they still do not see where the bottom will be.
CNN 3-18. The long-term mortgage interest rate is rising. The Federal Reserve reduced an interest rate by 0.75%. Inflation is the biggest worry.
US Politics
NY Times 3-14. Democratic super-delegates are beginning to break for Obama.
CNN 3-18. The new Governor of New York, David Paterson, revealed that he had had several extra-marital affairs, and that his wife had also had one.
CNN 3-19. It is now unlikely that there will be a Presidential primary re-vote in either Michigan or Florida.
NYT 3-21. Gov. Bill Richardson of New Mexico has endorsed Obama for President.
Tibet
CNN 3-19. After fifty years of Chinese oppression and colonization, Tibetans rose in revolt in both Tibet and in western parts of China where they are numerous The Chinese Government sent in troops and barred journalists. In Northern India and Nepal as well Tibetans demonstrated. “Dozens” were killed in Chinese controlled territory.
BBC 3-18. The Dalai Lama condemned the violence by both sides.
Iraq
NYT 3-16. The insurgency in Iraq is running on the profits from a lake of oil underground. Sunnis are in control of the Baiji Refinery. US military officials say that at least one-third of the oil produced is sold on the black market. Tankers are hijacked; drivers, bribed; meters, manipulated; papers, forged. Insurgents still kill about a hundred Iraqis a week.
The vast majority of insurgents are not jihadists. Half of the money going to the insurgents is from Saudi Arabia.
Israel/Palestine
Haaretz (Tel Aviv), 3-17. Pres. Olmert says that there is no chance that Israel will stop building settlements in Har Homa, East Jerusalem, an area claimed by the Palestinians.
Science
Comedy Central 3-18. Prof. Brian Fagan, anthropologist, in a new book on the history of climate, The Great Warming, predicted that a large part of the US, especially California, Arizona and Nevada, are facing drought, extreme for 18% of the population, and severe for 30%.
NYT 3-21. In Science magazine anthropologists reported that very early in the human lineage, six million years ago, individuals were walking upright. Their bones were discovered in Kenya.
March 15-21, 2008
No Peace without Justice, no Justice without the Facts
US Economy
NYTimes 3-14. The credit crunch grows worse and the economy is weak as a result of deficit spending. Food and gasoline prices are rising.
BBC 3-17. With the help of the Federal Government, Morgan Chase Bank bought Bear Stearns Bank for $2 a share, a fraction of its former value. Overseas, stock prices are falling. US commentators say they still do not see where the bottom will be.
CNN 3-18. The long-term mortgage interest rate is rising. The Federal Reserve reduced an interest rate by 0.75%. Inflation is the biggest worry.
US Politics
NY Times 3-14. Democratic super-delegates are beginning to break for Obama.
CNN 3-18. The new Governor of New York, David Paterson, revealed that he had had several extra-marital affairs, and that his wife had also had one.
CNN 3-19. It is now unlikely that there will be a Presidential primary re-vote in either Michigan or Florida.
NYT 3-21. Gov. Bill Richardson of New Mexico has endorsed Obama for President.
Tibet
CNN 3-19. After fifty years of Chinese oppression and colonization, Tibetans rose in revolt in both Tibet and in western parts of China where they are numerous The Chinese Government sent in troops and barred journalists. In Northern India and Nepal as well Tibetans demonstrated. “Dozens” were killed in Chinese controlled territory.
BBC 3-18. The Dalai Lama condemned the violence by both sides.
Iraq
NYT 3-16. The insurgency in Iraq is running on the profits from a lake of oil underground. Sunnis are in control of the Baiji Refinery. US military officials say that at least one-third of the oil produced is sold on the black market. Tankers are hijacked; drivers, bribed; meters, manipulated; papers, forged. Insurgents still kill about a hundred Iraqis a week.
The vast majority of insurgents are not jihadists. Half of the money going to the insurgents is from Saudi Arabia.
Israel/Palestine
Haaretz (Tel Aviv), 3-17. Pres. Olmert says that there is no chance that Israel will stop building settlements in Har Homa, East Jerusalem, an area claimed by the Palestinians.
Science
Comedy Central 3-18. Prof. Brian Fagan, anthropologist, in a new book on the history of climate, The Great Warming, predicted that a large part of the US, especially California, Arizona and Nevada, are facing drought, extreme for 18% of the population, and severe for 30%.
NYT 3-21. In Science magazine anthropologists reported that very early in the human lineage, six million years ago, individuals were walking upright. Their bones were discovered in Kenya.
posted by THE FLASHLIGHT at 8:04 AM
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