Tuesday
Jul262011
Ratings Agency Source Tells Erin Burnett: Boehner Plan Would Lead To S&P Downgrade Of U.S. Debt
Video - Erin Burnett on CNN - July 25, 2011
Erin Burnett met Joe Kernen for the first time wearing a bikini, drinking wine in a hot tub - true story. Selected stories from the Burnett archives:
Reader Comments (8)
“Given the veil of uncertainty that hangs over the Treasury market, we see this auction as a very good result,” said Bill O’Donnell, head of Treasury strategy at RBS Securities, in a note.
http://www.marketwatch.com/story/treasurys-hover-ahead-of-auction-and-no-debt-deal-2011-07-26?link=MW_home_latest_news
http://www.marketwatch.com/story/us-downgrade-could-hurt-corporate-muni-debt-2011-07-26?link=MW_home_latest_news
http://www.marketwatch.com/story/channing-smith-economic-outlook-lousy-2011-07-26
http://www.marketwatch.com/story/rival-debt-plans-face-tests-in-congress-2011-07-26?link=MW_home_latest_news
compares the 2 plans...
Barack Obama's hand-picked regime has 11 steps in bringing a total fascist, police state to the United States:
http://www.youtube.com/watch?v=flW5XNRgb4o
http://www.claremont.org/publications/crb/id.1852/article_detail.asp
"Everything Obama does comes straight from the most stilted and destructive clichés of the left. The man has never had an original idea in his life, and wouldn't recognize one if it were served up on a plate with arugula. He is intellectually locked in concrete."
Nothing's changed. Bush was locked into a LIE called WEAPONS of MASS DESTRUCTION. Guess one could call that an original idea.
We sold them to him, so the real question is, where did they go?
During the Iran-Iraq war, Iraq received the lion's share of American support because at the time Iran was regarded as the greater threat to U.S. interests. According to a 1994 Senate report, private American suppliers, licensed by the U.S. Department of Commerce, exported a witch's brew of biological and chemical materials to Iraq from 1985 through 1989. Among the biological materials, which often produce slow, agonizing death, were:
* Bacillus Anthracis, cause of anthrax.
* Clostridium Botulinum, a source of botulinum toxin.
* Histoplasma Capsulatam, cause of a disease attacking lungs, brain, spinal cord, and heart.
* Brucella Melitensis, a bacteria that can damage major organs.
* Clostridium Perfringens, a highly toxic bacteria causing systemic illness.
* Clostridium tetani, a highly toxigenic substance.
Also on the list: Escherichia coli (E. coli), genetic materials, human and bacterial DNA, and dozens of other pathogenic biological agents. The American company that provided the most biological materials to Iraq in the 1980s was American Type Culture Collection of Maryland and Virginia, which made seventy shipments of the anthrax-causing germ and other pathogenic agents, according to a 1996 Newsday story.
Other American companies also provided Iraq with the chemical or biological compounds, or the facilities and equipment used to create the compounds for chemical and biological warfare. Among these suppliers were the following:
* Alcolac International, a Baltimore chemical manufacturer already linked to the illegal shipment of chemicals to Iran, shipped large quantities of thiodiglycol (used to make mustard gas) as well as other chemical and biological ingredients, according to a 1989 story in The New York Times.
* Nu Kraft Mercantile Corp. of Brooklyn (affiliated with the United Steel and Strip Corporation) also supplied Iraq with huge amounts of thiodiglycol, the Times reported.
* Celery Corp., Charlotte, NC
* Matrix-Churchill Corp., Cleveland, OH (regarded as a front for the Iraqi government, according to Representative Henry Gonzalez, Democrat of Texas, who quoted U.S. intelligence documents to this effect in a 1992 speech on the House floor).
The following companies were also named as chemical and biological materials suppliers in the 1992 Senate hearings on "United States export policy toward Iraq prior to Iraq's invasion of Kuwait":
* Mouse Master, Lilburn, GA
* Sullaire Corp., Charlotte, NC
* Pure Aire, Charlotte, NC
* Posi Seal, Inc., N. Stonington, CT
* Union Carbide, Danbury, CT
* Evapco, Taneytown, MD
* Gorman-Rupp, Mansfield, OH
Additionally, several other companies were sued in connection with their activities providing Iraq with chemical or biological supplies: subsidiaries or branches of Fisher Controls International, Inc., St. Louis; Rhone-Poulenc, Inc., Princeton, NJ; Bechtel Group, Inc., San Francisco; and Lummus Crest, Inc., Bloomfield, NJ, which built one chemical plant in Iraq and, before the Iraqi invasion of Kuwait in August 1990, was building an ethylene facility. Ethylene is a necessary ingredient for thiodiglycol
In 1994, a group of twenty-six veterans, suffering from what has come to be known as Gulf War Syndrome, filed a billion-dollar lawsuit in Houston against Fisher, Rhone-Poulenc, Bechtel Group, and Lummus Crest, as well as American Type Culture Collection (ATCC) and six other firms, for helping Iraq to obtain or produce the compounds which the veterans blamed for their illnesses. By 1998, the number of plaintiffs has risen to more than 4,000 and I believe the suit is still pending in Texas.
http://www.timesonline.co.uk/tol/news/world/article807098.ece