Cake or Death: Peace committed Palestinians fire barrage of rockets into Israel

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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Tuesday, April 24, 2007

Peace committed Palestinians fire barrage of rockets into Israel

That's how much they support the peace process.

JERUSALEM, April 24 — The military wing of Hamas fired a barrage of rockets and mortar shells from Gaza into Israel today for the first time since the Palestinian faction committed to a cease-fire in November.

A spokesman for the military wing in Gaza, who identified himself only as Abu Obeideh, declared the truce over.

But more moderate political figures from Hamas who participate in the Palestinian unity government, including Prime Minister Ismail Haniya, said they were making efforts to preserve the cease-fire. And a spokesman for the Hamas movement in Gaza, Ismail Radwan, stopped short of calling off the cease-fire, saying today’s attacks were “a natural response to Israeli aggression and violations of the truce in the West Bank and Gaza Strip.”

Over the weekend, Israeli forces killed up to nine Palestinians, mostly militants in the West Bank, in the course of military operations and confrontations. The November cease-fire agreement pertained only to Gaza. Palestinian leaders have asked to extend it to the West Bank, but Israeli officials have said that it must be implemented properly in Gaza first.

Smaller Palestinian factions like Islamic Jihad, which rejected the cease-fire, have continued firing rockets at Israel on an almost daily basis.

On. a. daily. basis.

And the Paleswinian ~~government~~ terrorists wonder why there are confrontations at checkpoints. Maybe it because the Israeli government takes Paleswinian slime killing its citizens seriously. What a novel concept. What kind of response would you expect from a government after enemies sworn to the complete obliteration of not only the Israeli state, but the Jewish people as well, fire over 100 rockets and mortars into your cities.

I'd say bombing begins in 10 minutes, but that's just me.

Labels: Hamas, Islamic Jihad, Israel, Palestine, terrorism

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