Cake or Death: Nightline may air audio tapes of Saddam discussing using WMDs on Washington DC

Al Gore says global warming is YOUR fault!
"He betrayed this country! He played on our fears!"
You don't say...

September 18th, 2007

Fed Cuts Benchmark Rate Half Point, Seeking to Forestall Recession in U.S. - "The Federal Reserve lowered its benchmark interest rate by a half point to 4.75 percent, the first cut in four years, to protect the U.S. from sinking into a recession sparked by fallout from the housing-market collapse. 'Today's action is intended to help forestall some of the adverse effects on the broader economy that might otherwise arise from the disruptions in financial markets,' the Federal Open Market Committee said in a statement after meeting today in Washington. The central bank will 'act as needed to foster price stability and sustainable economic growth.' Stocks surged, two-year Treasury notes rose and the dollar fell to a record low against the euro. The larger-than-forecast reduction suggests Chairman Ben S. Bernanke is prepared to leave himself open to criticism that he's rescuing investors from bad decisions for the sake of saving the six-year expansion."
U.S. Producer Prices Drop More Than Forecast; Foreclosures on Homes Double - "The 1.4 percent decrease, the biggest since October, followed a 0.6 percent increase in July, the Labor Department said today in Washington. So-called core prices, which exclude fuel and food costs, rose 0.2 percent after a 0.1 percent gain the month before. Slower inflation gave policy makers room to cut their benchmark rate today in an effort to sustain the expansion in the face of a housing recession. A drop in fuel expenses pushed prices down in August and cooling economic growth will continue to restrain raw-material costs, economists said."

September 14th, 2007

U.S. Retail Sales, Output Rise Less Than Forecast, Adding to Rate-Cut Case - "The 0.3 percent increase in sales during August followed a revised 0.5 percent gain in July, the Commerce Department said today in Washington. Purchases excluding automobiles unexpectedly fell 0.4 percent. Production gained 0.2 percent, with factory output declining for the first time since February. While a report from the University of Michigan and Reuters Group Plc showed consumer confidence increased, their sentiment index remained near the lowest level in a year. Treasury notes rallied after the retail sales and production reports, before losing the gains."

September 13th, 2007

Greenspan Says He Didn't Foresee Credit Rout, Endorses Bernanke, CBS Says - "Current Fed Chairman Ben S. Bernanke 'is doing an excellent job,' Greenspan said in an interview on the 60 Minutes program, according to excerpts e-mailed by CBS today. The show is scheduled to air on Sept. 16, a day before the publication of Greenspan's book, 'The Age of Turbulence.' The remarks come amid criticism among some investors that Bernanke has failed to be as forceful as his predecessor in responding to financial turmoil. Greenspan in 1998 cut interest rates three times after a Russian debt default rippled through global markets. Bernanke's Fed has refrained from lowering its benchmark so far, relying on other tools to provide liquidity."
Commercial-Paper Market Decline in U.S. Slows as Concerns Over Credit Ease - "U.S. stocks rose and Treasuries fell after the Federal Reserve reported short-term debt dropped by $8.2 billion, compared with a decline of $31.3 billion a week earlier. That coincided with Countrywide Financial Corp. obtaining new financing and banks finding buyers for loans to fund Kohlberg Kravis Roberts & Co.'s buyout of Alliance Boots. Issuers with the biggest chance of default had stopped trying to sell commercial paper, rekindling appetite for short- term debt, said Tony Crescenzi, chief bond market strategist at Miller Tabak & Co. in New York. 'Investors have already pushed out the weakest issuers,' Crescenzi said in an e-mail. 'The commercial paper that remains is a relatively more respected crop.'"

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Wednesday, February 15, 2006

Nightline may air audio tapes of Saddam discussing using WMDs on Washington DC

Well slap my ass and call me Judy... Saddam at the very least thought he had WMDs or more likely moved them to Syria before the war. (via Ace)

(CNSNews.com) - Secret audiotapes of Saddam Hussein discussing ways to attack America with weapons of mass destruction will be the subject of an ABC "Nightline" program Wednesday night, a former federal prosecutor told Cybercast News Service.

The tapes are being called the "smoking gun" of weapons of mass destruction (WMD) in Iraq. The New York Sun reported that the tapes have been authenticated and currently are being reviewed by the U.S. House Permanent Select Committee on Intelligence.

The panel's chairman, Rep. Peter Hoekstra (R-Mich.), declined to give the Sun details of the content or context of the recordings, saying only that they were provided to his committee by former federal prosecutor John Loftus.

Loftus has been tight-lipped about the tapes, telling the Sun only that he received them from a "former American military intelligence analyst." However, on Wednesday he told Cybercast News Service, "Saddam's tapes confirm he had active CW [chemical weapons] and BW [biological weapons] programs that were hidden from the UN."

On Tuesday night, Loftus told Cybercast News Service that ABC's "Nightline" would air an "extensive report" on the tapes Wednesday night. Loftus also described an ABC News "teaser," which reportedly contains audio of Saddam Hussein discussing ways to attack America with WMD. "Nightline will have a lot more," said Loftus.

Better set up the TiVo. Don't want to miss this. Hopefully I'm mature enough to restrain myself from going "Naa naa nanaa naaaa" while sticking my thumbs in my ears with my fingers wiggling wildly over my head (and other such forms of gloating) at the moonbat loony leftists.

Link to me! Posted by jwookie : 1:48 PM

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