Cake or Death: And now we hear from the Iran wacko who wants nukes

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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Friday, October 20, 2006

And now we hear from the Iran wacko who wants nukes

Iran is North Korea from 10 years ago and Ahmadinejad is learning that he can get nuclear weapons if he plays the diplomtic game just like Ping Pong Kim Jong. And if wackypants Ahmadinejad gets nukes, Iran will destroy Israel.

Iranian President Mahmoud Ahmadinejad says Israel no longer has any reason to exist and will soon disappear. The latest threats are adding to Israel's already deep concerns about Iran's nuclear program.

Israeli officials say the saber-rattling from Iran is another warning to the international community that the Islamic regime must not be allowed to get a nuclear bomb. At a pro-Palestinian rally in Tehran, Iran's president said Israeli leaders are a "group of terrorists," and he threatened any country that supports the Jewish state.

He also said Israel is a fake regime that would soon disappear. It was a similar statement to one a year ago, when he threatened "to wipe Israel off the map."

Iran will keep playing us until he gets exactly what he wants, and I'm afraid Israel will be the only nation with enough backbone to stand in Iran's way. Since we won't be directly affected immediately after Iran announces it has finally made a nuclear weapon, I'm afraid the US will stand by and watch (especially if we elect Democrats) as Israel has to act alone, again. Just like Osirak back in 1981. The US will play dumb while Israel saves the world.

Ahmadinejad is telling us what he will do. Flat out. He will destroy Israel. Wipe them off the map. Make them disappear.

When will we believe him and will we do anything about it?

UPDATE @ 4:17pm: Cox & Forkum's latest on the supreme leader of Iran...

Labels: Ahmadinejad, Iran, Iraq, Israel, Kim Jong Il

Link to me! Posted by jwookie : 10:04 AM

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