Cake or Death: The Kurds are our biggest allies in the batlle with Iran

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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Monday, April 03, 2006

The Kurds are our biggest allies in the batlle with Iran

It's nice to know we're not the only ones who are actively trying to bring freedom to Iran.

The Party for a Free Life in Kurdistan, better known by the local acronym PEJAK or PJAK, claims to have killed 24 Iranian soldiers in three raids against army bases last month, all staged in retaliation for the killing of 10 Iranian Kurds during a peaceful demonstration in the city of Maku.

Three more soldiers from Iran's elite Republican Guard were killed last week in a gunbattle near the Iraqi border, Iran's official news agency reported.

But the greater threat to the Tehran regime may come from the group's underground effort to promote a sense of identity among Iranian Kurds, who make up 7 percent of that country's population. PEJAK leaders say the effort is spreading quickly among students, intellectuals and businessmen.

"The Iranian government's plan to create a global Islamic state is destroying our people's culture and values," said Akif Zagros, 28, a graduate in Persian literature who was interviewed in a simple stone hut at the group's headquarters. "So we fight back. But our aim is not just to bring freedom to Kurds, but to liberate all the peoples of Iran."

PEJAK loves discussing freedom, human rights, and even ecology in Iran and the undeniable future of Iran. On top of that they're a secular group as well, no radical Islam espoused by this group. Iran, of course, has labelled PEJAK as a terrorist group and accused the US of funding them. Well if we're not funding them we should... these are true "minutemen" in the Middle East, not the terrorists that Michael Moore believes are freedom fighters.

Maybe this will be the beginning of something big in Iran and hopefully the US funds them as much as we can.

Link to me! Posted by jwookie : 10:20 AM

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