Cake or Death: More good results from Gitmo

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, March 19, 2007

More good results from Gitmo

As much as liberal weenies have complained about Gitmo and how we're violating the civil rights of the prisoners there, we continue to get good results in the form of confessions for attacks perpetrated against the United States and if we're getting confessions, I'm sure we're getting actionable intel as well.

And here's the latest. Waleed bin Attash, a prisoner at Gitmo just confessed to planning and purchasing materials for the attack on the USS Cole and the two attacks on our African embassies. You remember, those attack on US sovereign territory, before we invaded Iraq and deposed Saddam, before Afghanistan and the removal of the Taliban, before the GWOT, before 9/11; way back when al Qaeda was at war with us even though we'd done nothing to provoke them besides exist. Now of course we're at war with them and the liberal world condemns us for it, but that's another story...

WASHINGTON — Waleed bin Attash, a suspected key al-Qaida operative, confessed to plotting the bombings of the USS Cole and two U.S. embassies in Africa, according to a Pentagon transcript of a hearing at Guantanamo Bay, Cuba.

More than 200 were killed in the simultaneous attacks on the embassies in Kenya and Tanzania in 1998. And 17 sailors were killed and dozens injured when suicide bombers steered an explosives-laden boat into the guided missile destroyer Cole on Oct. 12, 2000.

"I participated in the buying or purchasing of the explosives," bin Attash said when asked what his role was in the attacks. "I put together the plan for the operation a year and a half prior to the operation, buying the boat and recruiting the members that did the operation."

The point of this and the previously released transcript, is an effort by the military to determine whether several Gitmo detainees can be classified as enemy combatants in which case we'd be able to hold them indefinitely.

I vote for indefinitely. How about you?

Labels: 9/11, Gitmo, GWOT, terrorism, USS Cole

Link to me! Posted by jwookie : 4:57 PM

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