Information Clearing House Newsletter 21 May, 2010: Take the Deal, Mr. President

Report: Abbas may Double Territory Offered to Israel
Great Depression 2.0. Bet on it.
HUD Is Trying to Privatize and Mortgage Off All of America’s Public Housing
7 killed as Ethiopian troops cross border, attack Somalis
India snubs US, hails Iran’s N-plan
Russia to Sell Iran Missiles Despite UN Sanctions
Low estimate of oil spill’s size could save BP millions in court
One in Ten Mortgage Borrowers Will Lose Their Home To The Bank

Report: Abbas may Double Territory Offered to Israel
By Ynet
The Palestinians are willing to consider making larger territorial concessions in peace talks with Israel than have been offered in the past, the Wall Street Journal reported on Friday, quoting officials involved in the proximity talks. According to the report, concessions could reach 4% of the West Bank.

Report: PA Willing to Have NATO Forces in Future “State”
By Roee Nahmias
The newspaper quoted Palestinian sources as saying that Abbas would agree to have North Atlantic Treaty Organization forces monitor the borders of the future Palestinian state, in order to stop arms smuggling to what is supposed to become a demilitarized zone.

Pox Americana
American Love Has Only Hurt Israel
By Yonatan Touval
Is America’s special relationship with Israel coming to an end? If so, and contrary to the concerns of many, that would be a good thing for all.

Take the Deal, Mr. President
By Pat Buchanan
If Barack Obama is sincere in his policy of “no nukes in Iran – no war with Iran,” he will halt this rude dismissal of the offer Tehran just made to ship half its stockpile of uranium to Turkey. Consider what President Ahmadinejad and the Ayatollah himself have just committed to do.

American Arrogance
By Javed Hussain
Hillary Clinton’s outburst is reminiscent of the arrogant ‘stone age’ call after 9/11. On reflection she just might have discovered that Pakistan has lost more soldiers than the combined losses suffered by foreign forces in Iraq and Afghanistan, and five times more civilians than those lost in the 9/11 strikes, which eminently reflect on Pakistan’s commitment to the war on terror.

The Wounded Platoon
Third Platoon, Charlie Company. What happened to them in Iraq, and what happened when they came home.
PBS Frontline Video Report
The Wounded Platoon, Reveals a military mental health system overwhelmed with soldiers suffering psychological injuries from the surge — at Fort Carson the rate of PTSD diagnosis has risen 4,000 percent since 2002 — and the widespread use of prescription psychiatric drugs both at home and in combat.

Great Depression 2.0. Bet on it.
By Mike Whitney
If the government cuts spending at the same time as consumers, then overall spending declines and the economy slips into recession. This is what the deficit hawks want—a return to recession. This is politics, not economics.

FDIC: ‘Problem’ Banks at 775
A total of 775 banks, or one-tenth of all U.S. banks, were on the Federal Deposit Insurance Corp.’s list of “problem” institutions in the first quarter, as bad loans in the commercial real-estate market weighed on bank balance sheets.

Woman’s Home Confiscated Over Small Water Bill
The Other Foreclosure Menace
By Fred Schulte, Ben Protess and Lagan Sebert
One raw day in early February, Vicki Valentine stood by helplessly as real estate investors snatched her West Baltimore home over what began with an unpaid city water bill of $362.

HUD Is Trying to Privatize and Mortgage Off All of America’s Public Housing
By George Lakoff
The Obama Administration’s move to the right is about to give conservatives a victory they could not have anticipated, even under Bush. HUD, under Obama, submitted legislation called PETRA to Congress that would result in the privatization of all public housing in America.

Child Asks Michelle Obama if Her Mother Will Be Deported
Michelle Obama fielded an awkward question on the immigration debate on Wednesday. It came from a worried young girl who seemed to say that her mother is an illegal immigrant.

Is America Yearning for Fascism
An Interview With Chris Hedges
The similarities between the former Bush Administration and those of a fascist government were overwhelming. And when a recent billboard popped up with a photo of W and the caption Miss Me Yet? it has to make you wonder whether or not Americans actually prefer a fascist form of government.

Blast kills 22 in Iraqi market:
Minivan packed with explosives blows up in crowded open-air market north of Baghdad

Al Maliki: State of Law Coalition to Keep Premiership:
Prime Minister Nouri al Maliki said on Thursday that the next premiership will only come out of the State of Law coalition, indicating that he will remain Prime Minister for a second term as there are no other candidates from the coalition for this position.

Sadr reforms Mehdi Army amid Iraqi crisis:
U.S. officials warn that Shiite leader Moqtada Sadr, a key player in Iraq’s political crisis as rival leaders struggle to form a coalition government, is reviving his Mehdi Army militia in the south.

7 killed as Ethiopian troops cross border, attack Somalis :
At least seven people were killed when Ethiopian soldiers clashed with residents of the northern Somali town of Buhoodle on the border of the northern regions of Puntland and Somaliland, residents said Friday.

Somalia president reinstates PM and cabinet:
Somalia’s president yesterday reinstated Prime Minister Omar Abdirashid Sharmarke and his cabinet after days of uncertainty following a parliamentary vote of no confidence in them.

7 US-led troops killed in Afghanistan:
At least seven German soldiers have been killed in northeastern part of Afghanistan, increasing the number of foreign troops killed in the country, the Taliban claim.

Blast kills 1, injures 3 Afghan children:
The explosion occurred in Kandahar city on Friday morning, said Abdul Ali, an intelligence official who was at the scene, the Associated Press reported.

Attack in Kabul killed US, Candian officials: NYT:
The suicide blast on Tuesday May 18 in Kabul killed four Nato officials, three of whom were American and one Canadian, according to a report in the New York Times.

Afghan militants holds talks in Maldives:
Maldives government spokesman Mohamed Zuhair says 15 representatives of the Afghan government and seven Taliban members met Thursday and would meet again over the weekend.

2 killed as militants attack convoy in Pakistan:
At least two paramilitary troopers were killed and four were wounded when militants attacked their convoy on Friday in a Southwestern Pakistani district, close to the Iranian border, said officials.

Suspected Taliban blow up “U.S. spies” in Pakistan :
Taliban militants strapped explosives to two men accused of being U.S. spies and blew than up at a public execution in northwest Pakistan, intelligence officials and residents said on Friday.

Musharraf seeks to be Pakistan’s PM:
Former Pakistani president Pervez Musharraf plans to return home to re-enter politics and has indicated that he wants to be the prime minister.

UK marine killed in Afghanistan:
A British marine from 40 Commando Royal Marines has been killed in Afghanistan, the Ministry of Defence has said.

Two Palestinians killed by Israeli forces S. Gaza:
 A bloody confrontation broke out between Palestinian combatants and the Israeli forces to the east of Abasan town, south Gaza Strip, Friday afternoon.

Wall Street Journal: Palestinians make surprisingly large land offer to Israel:
In framework of proximity talks, Palestinian negotiators have reportedly proposed giving up twice the West Bank territory Abbas offered Olmert

Erekat Denies PA Considering NATO Forces in State:
Sources reportedly told the London-based Arabic language daily Asharq Al-Awsat that amidst secret talks on NATO forces, Jordan had agreed to have 60 percent composed of Jordanian troops.

Congress OKs $205 million for Israel:
The architect of the U.S. move was Israel’s defense minister, Ehud Barak, the nation’s most decorated war hero and a former chief of staff.

Final vote results: To authorize assistance to Israel for the Iron Dome anti-missile defense system:
How your Rep voted on more $ for Israel:

Turkey defends its attempt to resolve Iran nuclear standoff:
In letter to Obama, Turkey PM Erdogan says that the uranium swap deal announced on Monday has opened the door for a diplomatic solution to the Iran nuclear issue.

India snubs US, hails Iran’s N-plan:
The growing policy rift between India and the US on how to deal with Iran’s nuclear enrichment plans has come out in the open with foreign minister S M Krishna disagreeing with the American position to welcome Tehran’s decision to send its low enriched uranium stock to Turkey.

Manufacturing Consent For Attack On Iran:
Can Israel afford to slow down Iran’s nuclear program?:
Although Prime Minister Netanyahu insists that Israel will not allow Iran to acquire the bomb, it’s not clear Israel can afford to pay the price involved in slowing down Iran by even a few years. But what are the alternatives?

Manufacturing Consent For Attack On Iran:
Getting Serious About Iran:
Even if Iran were to develop nuclear weapons and never use them, the danger to Israel would still be intolerable. Israel cannot live in the shadow of a nuclear Iran.

Manufacturing Consent For Attack On Iran:
 Israel pushes for definitive action against Iran nuclear program:
“The Americans are willing to play the part of the world idiot versus the Iranians, but worse than, that they expect Israel to join their dance of fools as well.”

Russia to Sell Iran Missiles Despite UN Sanctions:
A senior Russian lawmaker says proposed United Nations sanctions against Iran will not affect Russia’s plans to sell Tehran surface-to-air missiles.

Russian official: Iran’s reactor ready by August:
Russia’s top nuclear official says that work on Iran’s first nuclear plant is on schedule and the reactor will start operation by August.

North Korea must face consequences for attack’:
Citing ”overwhelming” evidence that North Korea sank a South Korean warship, US Secretary of State Hillary Rodham Clinton warned the communist state Friday of international consequences.

Judges Rule Against Detainees at Afghan Base: –
Detainees at Bagram Air Field in Afghanistan cannot use U.S. courts to challenge their imprisonment the way detainees in Guantanamo Bay have, a federal appeals court ruled Friday in a victory for the Obama administration.

Calderon urges U.S. to reinstate assault weapons ban:
Mexican President Felipe Calderon urged the U.S. Congress on Thursday to reinstate a ban on assault weapons to help cut cross-border gun smuggling and reduce drug gang violence for its southern neighbor.

Border officials seek to expand Texas drone’s range:
U.S. Rep. Henry Cuellar said Thursday that border officials have broadened their request to fly an unmanned aircraft in Texas to allow the drone to cruise along the Gulf of Mexico as well as the Rio Grande.

Senators press for National Guard troops on border:
Homeland Security and Pentagon officials are at loggerheads over a plan to send National Guard troops to the U.S.-Mexico border, even as President Barack Obama is pledging to bolster security there.

Top Official Says Feds May Not Process “Illegals” Referred From Arizona:
The law, which criminalizes being in the state illegally and requires authorities to check suspects for immigration status, is not “good government,” Morton said.

Podcast: The Formation of Elena Kagan :
In this podcast, Forward staffers and bloggers discuss the implications of having three Jews on the Supreme Court and how the nominee’s Upper West Side upbringing shaped her worldview.

Low estimate of oil spill’s size could save BP millions in court:
BP’s estimate that only 5,000 barrels of oil are leaking daily from a well in the Gulf of Mexico, which the Obama administration hasn’t disputed, could save the company millions of dollars in damages when the financial impact of the spill is resolved in court, legal experts say.

One in Ten Mortgage Borrowers Will Lose Their Home To The Bank:
New Observations is forecasting that a minimum of one in ten homes with a mortgage today will be lost to foreclosure in the next two years and that this loss represents a staggering five-million-unit addition to inventory-for-sale.

Jobless Claims in U.S. Unexpectedly Increase as Dismissals Remain Elevated:
Initial jobless claims rose by 25,000 to 471,000 in the week ended May 15, exceeding the median forecast of economists surveyed by Bloomberg News and the highest level in a month, Labor Department figures showed today in Washington.

What Good Are Economists Anyway?:
Economists mostly failed to predict the worst economic crisis since the 1930s. Now they can’t agree how to solve it. People are starting to wonder: What good are economists anyway?

Craig Venter creates synthetic life form:
Craig Venter and his team have built the genome of a bacterium from scratch and incorporated it into a cell to make what they call the world’s first synthetic life form

Number Of Iraqis Slaughtered Since The U.S. Invaded Iraq “1,366,350"

Number of U.S. Military Personnel Sacrificed (Officially acknowledged) In America’s War On Iraq:  4,715
Number Of  International Occupation Force Troops Slaughtered In Afghanistan : 1,778

Cost of War in Iraq & Afghanistan

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