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HISTORY News:"McCain VP Pick No Friend to Polar Bears." ... "Alaska [Republican] Governor Sarah Palin has ignored research showing that polar bear populations are declining in the quest to plumb new sources of energy, according to scientists, and environmental groups who fought to put the bears on the endangered species list." ... "[2008 Election Republican Presidential Candidate and Arizona Senator] Sen. John McCain tapped Alaska Governor Sarah Palin to be his vice presidential candidate Friday. Palin is only the second woman to be on a major party's ticket as VP -- the first was Geraldine Ferraro, who ran with Democrati Walter Mondale in 1984." ... "The 44-year-old Palin, a beauty pageant winner and former mayor of a small town in Alaska, is an advocate of drilling for oil in the Arctic National Wildlife Refuge. She has infuriated environmentalists for her support of the aerial shooting of wolves as a way to build up herds of moose and caribou. She's also sued the Interior Department for putting polar bears on the endangered species list." ... "In the lawsuit, filed this month in federal district court in the District of Columbia, Palin argues that the government's move to list polar bears as endangered is not based on sound science, and restricts oil and natural gas development. The Interior Department had put the bears on the list in response to a lawsuit filed by environmental groups, who argued that the bears are being threatened by global warming." ... "In an interview on the conservative CNN talk show hosted by Glenn Beck earlier this year, Palin said that she was worried that environmentalists are using the Endangered Species Act to block the extraction of oil and gas." ... ""In fact, the number of polar bears has risen dramatically over the past 30 years," she said. "Our fear (is) that extreme environmentalists will use this tool, the ESA, to eventually curtail or halt the North Slope production of very rich resources that America needs."" ... "But biologists who have studied polar bear populations counter that the facts simply do not support Palin's assertion that polar bear populations are on the rise." ... ""Polar bear populations have not been increasing for the past 30 years, and that's a well-known fact," said Ian Stirling, an emeritus scientist with Canada's Department of the Environment and an adjunct professor at the University of Alberta in an interview. Stirling has studied polar bears for 37 years -- the longest of anyone." ... "In fact, the polar bear population has actually declined by 20 percent in Alaska's Southern Beaufort Sea since the mid-1980s, he says, referring to peer-reviewed research that he's conducted with other scientists for the US Geological Survey. The reason: Loss of their habitat in the form of melting ice." -By Sarah Lai Stirland -Wired "Arctic ice shrinks to second-lowest level ever." ... "Arctic sea ice, which melts partly during each polar summer, has shrunk more this year than in any on record except for 2007, the National Snow and Ice Data Center has found." ... "Scientists said the data provided more ominous indications that a global warming "tipping point" in the Arctic seems to be happening before their eyes: Sea ice in the Arctic Ocean is now at its second lowest level in about 30 years." ... "With several weeks left of the melting season, the National Snow and Ice Data Center reported yesterday that sea ice in the Arctic now covers about 2.03 million square miles. The lowest point since satellite measurements began in 1979 was 1.65 million square miles, measured on Sept. [September] 16, 2007." ... "Declining ice as a result of warmer temperatures in the air and ocean threatens to amplify global warming because the sea is darker than ice and absorbs more sunlight." -Newsday.com "FDIC Warns of More Bank Troubles: The Government Insures Depositors When Banks Fail, But Does It Have Enough Cash?" ... "The health of U.S. banks is quickly deteriorating, and the government fund set up to protect depositors might not have enough money to insure everybody, analysts told ABCNews.com." ... "The Federal Deposit Insurance Corporation, or FDIC, insures bank deposits of up to $100,000 at nearly 8,500 of the nation's banks and also keeps a watch list of banks that it considers in trouble." ... "At the beginning of the year, 90 banks were on the FDIC watch list. There are now 117, FDIC chairwoman Sheila C. Bair announced at a news conference this afternoon. That is the highest number in five years, but some analysts expect the list to grow even more in coming months." ... ""I think there's going to be a steady drip, drip, drip of bad news," said Sean Ryan, a banking analyst with Sterne Agee. "We've only seen the very tip of the iceberg in terms of bank failures."" ... "The FDIC, created in 1933 during the Great Depression to help restore the public's confidence in the nation's banking system, receives no federal tax dollars and is funded through the institutions that it insures. Currently it has $50.2 billion set aside to cover bank failures, nearly 20 percent of which is likely to be depleted in the IndyMac insurance payback alone." (1, 2, 3) -By Scott Mayerowitz -ABCNEWS.com "Full Text: Former U.S. Rep. Jim Leach Speech to Democratic National Convention." ... [Speech by Iowa Republican Representative Jim Leach:] "In troubled times, it was understood that country comes before party, that in perilous moments mutual concern for the national interest must be the only factor in political judgments. This does not mean that debate within and between the political parties should not be vibrant. Yet what frustrates so many citizens is the lack of bipartisanship in Washington and the way today’s Republican Party has broken with its conservative heritage." ... "The party that once emphasized individual rights has gravitated in recent years toward regulating values. The party of military responsibility has taken us to war with a country that did not attack us. The party that formerly led the world in arms control has moved to undercut treaties crucial to the defense of the earth. The party that prides itself on conservation has abdicated its responsibilities in the face of global warming. And the party historically anchored in fiscal restraint has nearly doubled the national debt, squandering our precious resources in an undisciplined and unprecedented effort to finance a war with tax cuts." ... "America has seldom faced more critical choices: whether we should maintain an occupational force for decades in a country and region that resents western intervention or elect a leader who, in a carefully structured way, will bring our troops home from Iraq as the heroes they are. Whether it is wise to continue to project power largely alone with flickering support around the world or elect a leader who will follow the model of General Eisenhower and this president’s father and lead in concert with allies." ... "Whether it is prudent to borrow from future generations to pay for today’s reckless fiscal policies or elect a leader who will shore up our budgets and return to a strong dollar. Whether it is preferable to continue the policies that have weakened our position in the world, deepened our debt and widened social divisions or elect a leader who will emulate John F. Kennedy and relight a lamp of fairness at home and reassert an energizing mix of realism and idealism abroad." ... "The portfolio of challenges passed on to the next president will be as daunting as any since the Great Depression and World War II. This is not a time for politics as usual or for run-of-the-mill politicians. Little is riskier to the national interest than more of the same. America needs new ideas, new energy and a new generation of leadership." ... "Hence, I stand before you proud of my party’s contributions to American history but, as a citizen, proud as well of the good judgment of good people in this good party, in nominating a transcending candidate, an individual whom I am convinced will recapture the American dream and be a truly great president: the senator from Abraham Lincoln’s state—Barack Obama. Thank you." -By Jim Leach via -Clips&Comment "Watchdogs make it harder for politicians to stretch the truth: Cindy McCain's past is the latest to be questioned after errors were found." ... "The latest embellishments come from the [2008 Election Republican Presidential Candidate John] McCain camp. Cindy McCain has repeatedly referred to herself as an “only child.” This week came news that she actually has two half sisters, although apparently she had very little contact with them." ... "The McCain campaign had also put out the story that Mother Teresa “convinced” Cindy to bring home two orphans from Bangladesh in 1991." ... "Mrs. McCain, it turns out, never met Mother Teresa on that trip." ... "In another instance, McCain told the Chicago Tribune earlier this year that on one of her medical missions to Vietnam she was in “the very hospital – and in the very room – where her husband was brought after being shot down and then beaten by a mob during the war.”" ... "A 1992 Washington Times story recounts a different version: “Mrs. McCain asked to see the operating room and her husband’s cell, but was turned down. She took the rejection philosophically. ‘It’s 27 years later. Let’s go on,’ Mrs. McCain said.”" -By Alexandra Marks -CSMonitor "Taliban kill 10 French troops in Afghanistan." ... "Taliban insurgents killed 10 French soldiers and wounded 21 in a major battle in Afghanistan, the French president's office said on Tuesday, the biggest single loss of foreign troops in combat there since 2001." ... "The Taliban have gradually closed in on Kabul [Afghanistan's capital] in the past year, making travel south, west or east of the capital extremely hazardous for troops, aid workers and civilians and spreading fear among the population." ... "The battle that ensued lasted deep into the night and the mixed French, Afghan and U.S. force summoned reinforcements and air support, General Jean-Louis Georgelin, chief of the army general staff, told a news conference in Paris." ... "France has 2,600 troops in Afghanistan, after Sarkozy sent an extra 700 soldiers this year in response to a U.S. call for NATO allies to provide more forces to check a surge in violence." ... "TALIBAN CLOSING IN" ... "The Taliban have stepped up attacks in provinces bordering the Afghan capital over the past year, closing in from the volatile south and east, where the bulk of the fighting has occurred since militants relaunched their insurgency in 2005." (1, 2, 3) -By Sayed Salahuddin with contributions by James Mackenzie, Elyas Wahdat in Khost, Jon Hemming, and Michael Winfrey -Reuters "Wholesale prices: Highest annual rate in 27 years: The Labor Department reports that its Producer Price Index increased by 1.2% in July and by 9.8% in the past year." ... "In another indication of growing inflation, wholesale prices increased in July to the highest annual rate in 27 years, according to a government report released Tuesday." ... "The annual Producer Price Index for finished goods rose 9.8% in the 12 months that ended in July." ... "The jump in wholesale prices is the fastest rate of increase since a 10.4% bump-up in June 1981, according to Joseph Kowal, economist at the Bureau of Labor Statistics." ... "The Labor Department also reported that PPI rose 1.2% in July, after increasing 1.8% in June. Analysts polled by Briefing.com had expected an increase of only 0.6%." ... "The surge in producer prices is in large part due to higher energy prices, said Doug Roberts, chief investment strategist for ChannelCapitalResearch.com." -CNN "Troops Deployed Abroad Give 6:1 to Obama." ... "During World War II, soldiers crouching in foxholes penned letters assuring their sweethearts that they'd be home soon. Now, between firefights in the Iraqi desert, some infantrymen have been sending a different kind of mail stateside: two or three hundred dollars -- or whatever they can spare -- towards a presidential election that could very well determine just how soon they come home." ... "According to an analysis of campaign contributions by the nonpartisan Center for Responsive Politics, [2008 Election Democratic Presidential Candidate] Democrat Barack Obama has received nearly six times as much money from troops deployed overseas at the time of their contributions than has [2008 Election Republican Presidential Candidate] Republican John McCain, and the fiercely anti-war [2008 Election Republican Presidential Candidate] Ron Paul, though he suspended his campaign for the Republican nomination months ago, has received more than four times McCain's haul." -By Luke Rosiak -OpenSecrets.org
"[Michigan]State's jobless rate is 8.5%: Unemployed number remains steady as work force drops by 33,000. U.S. [United States] average is 5.7%." ... "The state's unemployment rate remained stubbornly high at 8.5 percent in July, the third consecutive month the jobless rate remained at a level not seen since the recession of the early '90s." ... "The rate remained steady not because the state stopped losing jobs -- a total of 29,000 positions were cut by employers with few new jobs added -- but because the number of people in the work force fell by 33,000." ... "Michigan's jobless rate -- far higher than the national rate of 5.7 percent -- is another sign the woes of the auto industry continue to grip the state. Since July 2007, the number of unemployed workers in the state has increased by 65,000 or 18.4 percent." ... ""With somewhat more than half of the year already in the books, it is pretty obvious that 2008 will be the fifth consecutive year of recession for Michigan," said Dana Johnson, chief economist for Comerica Inc." -By Louis Aguilar -DetNews.com "Georgia Says Russian Troops Move Beyond Conflict Zone (Update2)." ... "Georgia accused Russia of sending troops beyond the South Ossetia [Republic of Georgia region] conflict zone in violation of a cease-fire. A Russian official denied the claim, saying the troops are eliminating Georgia's ability to renew attacks." ... "Georgian Security Council chief Kakha Lomaia said a column of Russian troops may be moving from the city of Gori [Republic of Georgia] toward the Uplistsikhe military base, which Georgian forces abandoned earlier in the conflict. The Russians are advancing ``well beyond the conflict zone,'' he said today." ... "The Russian troop movements come one day after Georgia and Russia agreed to a European Union-brokered peace plan to end five days of fighting. EU foreign ministers are meeting in Brussels [the capital of Belgium and the European Union] to push the peace deal forward. The 27-nation bloc may send military personnel to monitor the cease-fire, said French Foreign Minister Bernard Kouchner, whose country brokered the accord." ... "Georgian President Mikheil Saakashvili said Russian tanks continue to operate within Georgia, destroying ``infrastructure,'' as Russia said it was responding to sporadic attacks by Georgian snipers while observing the terms of a cease-fire declared by [Russian] President Dmitry Medvedev." ... "Medvedev ordered a halt to the military campaign, which was sparked by fighting between Georgia and South Ossetia on Aug. 7. Saakashvili said Russia launched a ``well-planned invasion'' of Georgia the next day. Nogovitsyn said Georgia planned its incursion into South Ossetia in advance and expected to meet resistance only from Ossetian forces and the 588 Russian peacekeepers deployed in the region." ... "South Ossetia and Abkhazia broke away from Georgian control in wars in the early 1990s and Russian forces have been stationed as peacekeepers in the regions under a Commonwealth of Independent States mandate. Most people living in both regions have Russian passports. Saakashvili yesterday said Georgia is quitting the CIS, a loose association of all former Soviet republics except the three Baltic states. " -By Henry Meyer and Lucian Kim -Bloomberg |
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"The White House had concocted a fake letter from Habbush to Saddam, backdated to July 1, 2001. It said that 9/11 ringleader Mohammad Atta had actually trained for his mission in Iraq –- thus showing, finally, that there was an operational link between Saddam and al Qaeda, something the vice president’s office [Republican Dick Cheney] had been pressing CIA to prove since 9/11 as a justification to invade Iraq. There is no link.""Suskind says the order to forge such a letter was written on “creamy White House stationery” but gives no details about how it was created or how it was delivered to Iraq." -By Johanna Neuman -LAtimes