Tuesday, July 26, 2011
Preparing for worst as debt-limit talks drag on
Preparing for worst as debt-limit talks drag on - Yahoo! Finance
A default could cause turmoil in the stock and bond markets, plus a replay of the fear that froze lending in the depths of the 2008 financial crisis. In the chaos, investments you'd think were a sure bet to fall might rise instead, and vice versa.
Consider the assets at the heart of the crisis -- Treasury bonds. You would expect interest rates on Treasurys to rise the closer Washington gets to missing a debt payment. Investors would demand higher rates because of the greater risk they wouldn't get their money back. After Argentina defaulted in 2002, foreign lenders required higher rates.
But some bond traders are betting the opposite will happen. They think nervous money managers could rush into Treasurys if Washington blows past the Aug. 2 deadline to raise the debt ceiling. The buying would push interest rates lower.
Head of U.S. cyber agency resigns suddenly
Head of U.S. cyber agency resigns suddenly - chicagotribune.com
WASHINGTON (Reuters) - The head of a U.S. agency that helps respond to cyber attacks resigned suddenly after several high-profile attacks on government computer systems but the Department of Homeland Security declined Monday to comment on the reason.
Randy Vickers resigned as director of the U.S. Computer Emergency Readiness Team Friday, according to an email from Roberta Stempfley, acting assistant secretary for cyber security and communications at Homeland Security, which was sent to some employees.
WASHINGTON (Reuters) - The head of a U.S. agency that helps respond to cyber attacks resigned suddenly after several high-profile attacks on government computer systems but the Department of Homeland Security declined Monday to comment on the reason.
Randy Vickers resigned as director of the U.S. Computer Emergency Readiness Team Friday, according to an email from Roberta Stempfley, acting assistant secretary for cyber security and communications at Homeland Security, which was sent to some employees.
Gunman Conspired With “Business and Political Leaders” Before Massacre
Prison Planet.com » Gunman Conspired With “Business and Political Leaders” Before Massacre
Breivik marched with heavily MI5-infiltrated English Defence League in London
Paul Joseph Watson
Prison Planet.com
Tuesday, July 26, 2011
Anders Behring Breivik said he conspired with “business and political leaders” in London years before he set about planning last week’s massacre, an intruiging connection given the fact that the gunman’s manifesto is datelined “London 2011, suggesting a clear connection to the capital as evidence emerges of a wider plot.
“In the manuscript Breivik describes his “mentor” as an Englishman he identifies as “Richard”, and says his journey into violent extremism began at a small meeting in London in 2002 where a group of like-minded extremists met to “reform” the Knights Templar Europe, a military group whose purpose was “to seize political and military control of western European countries and implement a cultural conservative political agenda,” reports the Guardian.
“In his manifesto Breivik said the gathering in London was “not a stereotypical ‘rightwing’ meeting full of underprivileged, racist skinheads with a short temper”. Instead, he claimed those present were successful entrepreneurs, “business or political leaders, some with families, most Christian conservatives, but also some agnostics and even atheists”.
The gunman said that the participants of the meeting came from all over Europe and that he was first put into contact with them by a “Serbian crusader commander”.
Breivik’s conenctions with London – he lived there as a child when his father was working at the Norwegian embassy – are clearly a cornerstone of his plot. Indeed, as Mark Steyn writes for the National Review Online, the gunman’s manifesto is largely concerned with Britain and America. “The entire document is strangely anglocentric – in among the citations of NR and The Washington Times, there’s not a lot about Norway.”
The manifesto, signed by the killer as “Andrew Berwick” (an anglicised version of his name), is datelined “London, 2011,” clearly indicating Breivik was in the English capital before his rampage, although the media have asserted otherwise without expalining why Breivik would deliberately place such an error in his own screed.
It is now being reported that Breivik was in London as recently as last year, when he took part in an English Defence League march. The EDL is a far-right group that largely comprises of former football hooligans. Its organization is shabby and the group has attracted an odious reputation of being run by violent, drunk and racist thugs. The group’s unpopularity is habitually exploited by the British establishment to demonize legitimate criticism of mass immigration policies as extremist and racist.
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