Unions Realize there is a Class War
We’ve got to keep an eye on the battle that we face: The war on workers,” Hoffa said. “And you see it everywhere, it is the tea party. And you know, there is only one way to beat and win that war. The one thing about working people is we like a good fight. And you know what? They’ve got a war, they’ve got a war with us and there’s only going to be one winner. It’s going to be the workers of Michigan, and America. We’re going to win that war,” Hoffa said.Read more at www.latimes.com
“President Obama, this is your army. We are ready to march. Let’s take these son of bitches out and give America back to an America where we belong,” Hoffa said.
Feds File 17 Lawsuites Against Bad Banks
uits filed Friday against 17 banks by the Federal Housing Finance Agency, big banks also face investigations and lawsuits on multiple fronts from other government agencies, individuals and companies.
banks’ legal battles will stretch over a period of years.
he FHFA’s suits, which allege violations of underwriting guidelines for loans that were packed into mortgage securities sold to Fannie Mae and Freddie Mac,
BofA could face potential losses from the FHFA actions ranging from $1.15 billion to $11.48 billion,
Read more at www.wallstreetjournal.com
Of course, even with such wide ranges it’s tough to predict outcomes, especially if the cases go to trial, rather than settle. And the legal process could be protracted, so any losses may be years away.
Turkey to Challenge Gaza Genocide In Court
Turkey Will Challenge Israel’s Gaza Strip Blockade at International Court
Read more at www.bloomberg.com
Turkey will apply to the court at The Hague next week,
Foreign Minister Ahmet Davutoglu told state-run TRT television
in an interview yesterday. Davutoglu’s comments came the day
after Turkey suspended military agreements with Israel and moved
to downgrade diplomatic relations.
Japan Commits to Phasing Out Nuclear Power!
Japan’s New Prime Minister Vows Gradual Nuclear Phaseout
TOKYO — Japan’s new prime minister, Yoshihiko Noda, promised on Friday to keep Japan on its path of phasing out nuclear power, saying it was “unrealistic” to build any new reactors in the wake of the Fukushima nuclear crisis or extend those at the end of their life spans.
“To build new reactors is unrealistic, and we will decommission reactors at the end of their life spans,” he said. “But it is also impossible to immediately reduce our dependence to zero,” he said, adding that a stable energy supply was “the lifeblood” of the Japanese economy.
Read more at www.nytimes.com
Mr. Noda’s remarks came as he picked a cabinet of fresh faces on Friday to help him guide a country struggling in the wake of its recent natural and nuclear disasters and chronic economic slump.
Turkey Expels Israel’s Ambassador, plus…
Turkey Expels Israel’s Ambassador, Cuts Military Ties Over UN Report
expulsion of the Israeli ambassador, along with a suspension of all military agreements with Israel,
The expulsion comes after details were leaked of a U.N. report
into the killing last year by Israeli forces of nine Turks who were taking part in a flotilla of ships seeking to break Israel’s economic blockade of the Gaza Strip.
The Turkish foreign minister said his government will now provide full support to the families of those killed to pursue prosecution of any Israeli military or government members responsible for the deaths.
some of those killed were shot in the back and at close quarters. But the report also defended Israel’s right to enforce its economic embargo on Gaza. That finding is strongly condemned by the Turkish government. President Abdullah Gul strongly condemned the report.Read more at www.voanews.com
NATO wants to keep on ‘protecting people’
Libya conflict: UK forces attack Gaddafi’s last strongholds
RAF and Royal Navy target Bani Walid and deposed leader’s birthplace Sirte as rebel forces prepare for final assault
Nato has said that, despite the fall of Tripoli, its role in Libya will continue to enforce the UN’s mandate for the protection of civilian life.
Obama Guts EPA - Stocks Drop?
NEW YORK, Sept 2 (Reuters) - Small and mid-cap industrial stocks fell on Friday after U.S. President Barack Obama unexpectedly asked the Environmental Protection Agency to withdraw a plan to limit smog pollution.
Read more at www.reuters.com
Obama said the move to kill one the EPA’s major initiatives to clean up the environment was part of a broader government effort to reduce regulatory burdens and uncertainty.
Iran Nukes! Iran Nukes!
UN: Credible evidence Iran working on nuke weapons
the International Atomic Energy Agency said “many member states” are providing evidence
How to commit suicide?
Sister: Investigators rule mansion death a suicide
a 32-year-old woman’s naked body was found hanging from a historic Southern California mansion’s balcony with her ankles and wrists bound,
UN Report Says OK to Gaza Genocide
Report Finds Naval Blockade by Israel Legal but Faults Raid
The report takes a broadly sympathetic view of Israel’s sea blockade of Gaza.
The report is hard on the flotilla,
Read more at www.nytimes.com
Turkey is particularly upset by the conclusion that Israel’s naval blockade is in keeping with international law and that its forces have the right to stop Gaza-bound ships in international waters, which is what happened in the 2010 episode. That conclusion oversteps the mandate of the four-member panel appointed by the United Nations secretary general and is at odds with other United Nations decisions, Turkey argued.