By THOMAS L. FRIEDMAN
CITIGROUP is lucky that Muammar el-Qaddafi was killed when he was. The Libyan leader’s death diverted attention from a lethal article involving Citigroup that deserved more attention because it helps to explain why many average Americans have expressed support for the Occupy Wall Street movement. The news was that Citigroup had to pay a $285 million fine to settle a case in which, with one hand, Citibank sold a package of toxic mortgage-backed securities to unsuspecting customers — securities that it knew were likely to go bust — and, with the other hand, shorted the same securities — that is, bet millions of dollars that they would go bust.
full article at source: http://www.nytimes.com/2011/10/30/opinion/sunday/friedman-did-you-hear-the-one-about-the-bankers.html?_r=2&src=ISMR_AP_LO_MST_FB
I implore all decent people of Ireland to immediately write to
the local TD’s and the Minster of foreign Affairs to immediately call on the
entire world to demand UN military action against the murderous regime of Bashar al-Assad. This monster must be brought to justice nothing else is acceptable. In this so called modern civilized society the state sanctioned murder of children is repugnant to all decent people the world over and we must demand that the brutal murders be brought before the
international courts of justice or the people’s justice the type dealt out to Gaddafi’s and
his henchmen! The kid gloves are off this murdering madman must be dealt with.
Sooner or later the people will rise in their masses and rid themselves of these murders of innocence .
With Gaddafi dead, Libyans can now look forward to a new and exciting
future . The people have shown any other would be Dictators just how fragile
their grip on power really is .Only when the people lose the fear of the people
keeping them down will they rise up .I believe we are now seeing this happening
in Syria. Bashar al-Assad would do well to consider his position very carefully .The people of Syria want their freedom now .
Back to the people of Libya let’s hope the people hold on to their
new freedom It must be exciting to be a part of a new democracy. I hope to go
to this great country soon and perhaps send a posting from there! Why not a close up on democracy in action! In any case congratulations to the free people of Libya .What ever happened to Iman al-Obeidi the lady from Benghazi who was raped by the henchman of Gaddafi I hope these thugs will now be arrested and brought to trial.
With the news of the liberation of Tripoli in Libya still
ringing in my ears let me congratulate the people of Libya to their new won
freedom .Hopefully they will now benefit from their own natural oil resources
and their standards of living take a turn for the better.
Choose your new leaders wisely.
Best wishes from Ireland
Sent in to us this morning
America‘s true reason for intervention, and missile attacks against
Libya has become very clear today with a sudden creation by the rebels of a new
central bank on March 29th.
The rebels in Libya are in the middle of a life or death civil war and Moammar
Gadhafi is still in power and yet somehow the Libyan rebels have had enough
time to establish a new Central Bank of Libya and form a new national oil
company. Perhaps when this conflict is over those rebels can become time
management consultants. They sure do get a lot done. What a skilled bunch of
rebels – they can fight a war during the day and draw up a new central bank and
a new national oil company at night without any outside help whatsoever. If
only the rest of us were so versatile! But isn’t forming a central bank
something that could be done after the civil war is over? According to
Bloomberg, the Transitional National Council has “designated the Central
Bank of Benghazi as a monetary authority competent in monetary policies in
Libya and the appointment of a governor to the Central Bank of Libya, with a
temporary headquarters in Benghazi.” – The Economic Collapse via Uruknet
Continue reading on Examiner.com America’s true reason for attacking Libya becomes
clear with new central bank – National Finance Examiner | Examiner.com
I don’t find myself in agreement with the general thrust of this article but I do respect the
possibility of some truth in it as we all know that America always looks out for itself and its interests first. Just look over at Bahrain and Saudi Arabia the democracy movement was crushed and Saudi Arabian forces invaded Bahrain and nobody in the west said anything indeed the news media just went silent. There are still reports seeping out about torture and summary executions and the world media are ignoring these reports why because Saudi Arabia in the American sphere of interest and is a no go area for the established media that is mostly controlled by American interests !
Take a look of a simple for the actions of the government in this country
The blame game is now full underway, why is it ok to bomb Libya and not to bomb Syria?
Syria\Libya ,every life is precious The current leaders in both of these countries are despots and they are equally to blame for the many thousands of lives that are been lost
Syrian Armed forces are killing their own people and the West is just looking on .The clams in this video clip that the rebels were using bombs and weapons are just pure fantasy .If ordinary people had these weapons they would stand and fight!
There must be a lot of wheeling and dealing going on in Libya, Gaddafi is still hanging around and people are still losing their lives .How long can the people of Libya continue with this uncertainty?
The people are just pains in this obvious chess game of the regional powers! I hope the people’s revolution does not become bogged down and they lose sight of the democracy they have almost achieved.This was not ment to be an oppertunity for the west to try out their new war toys .Real people are diying with every air strik !
Dear Mr. Clarke,
The Tánaiste and Minister for Foreign Affairs and Trade, Eamon Gilmore T.D, has asked me to reply to your e-mail of 1 April concerning the case of Eman al-Obeidy.
The Tánaiste is very concerned about the human rights situation in Libya. The regime responded violently to a genuine popular uprising and attacked its own people in a flagrant violation of its international obligations. Since the onset of the crisis, the Libyan regime has refused to facilitate access for humanitarian agencies and actors in western Libya and curtailed media access, arrested journalists and attempted to prevent the true picture of what is taking place in Libya from emerging.
Ms Al-Obeidy was released last month but her case highlighted vividly the crimes being perpetrated against civilians in an atmosphere of terror in Libya. The situation in Libya was referred to the International Criminal Court, in accordance with United Nations Security Council Resolution 1970 and the Office of the Prosecutor is investigating the case of Eman al-Obeidy.
Reply sent out today
Dear Minster Gilmore ,
Thank you for taking the time to write back to me,
It is comforting to know that the plight of this woman is not forgotten and that the government is still on the case as it were. We have a duty to stand up and be counted when we see such blatant disregard for peoples human rights and when peoples dignity is been violated is such a violent manner .I hope the Minster will ask the Irish diplomatic reps in Libya to do everything possible to establish the whereabouts of this brave woman and see that she is safe.
in the meantime,
Well done and a thank you for this kindness .
If investing in arms companies is unethical, then Colonel Gaddafi
is set for an epic dose of bad karma following the announcement yesterday by the French foreign minister Alain Juppe
that his country and the UK were to send helicopter gunships to try and break the military stalemate in Libya.
The decision means the British Army will commit Apache Longbow helicopters to the civil war-torn country.
The twist in the tale for the Libyan leader is that the Longbow is built for the Army under license by AgustaWestland – one of whose shareholders, with a two per cent stake in its parent company Finmeccanica, is Colonel Gaddafi.
We will probably never know whether Gaddafi appreciates the irony of being targeted by weapons, the sale of which he has profited from.
Britain’s fleet of 67 Apaches, which entered active service in 2004, were assembled at the Yeovil HQ of the defence company, then known as Westland Helicopters. They have seen plenty of action in Afghanistan, and earlier this year, Prince Harry qualified as a pilot having passed the Apache flying test.
Indeed, an interesting showdown could take place in Libya, with both sides potentially deploying AgustaWestland helicopters. The firm has taken orders of 20 aircraft from the Gaddafi regime for search and rescue and border control operations over the last five years, and had delivered 17 before the current hostilities commenced.
Finmeccanica is not the only Italian firm in whom the Libyan leader has an embarrassing economic interest. The pan-European banking giant UniCredit is 7.5 per cent owned by the Libyans, while the Gaddafis also hold an identical stake in football giants Juventus, and an unknown percentage of shares in the Turin club’s long-term benefactor Fiat.
Read more: http://www.thefirstpost.co.uk/79393,news-comment,news-politics,gaddafi-profits-from-apache-choppers-sent-to-fight-him?DCMP=NLC-people#ixzz1NMXGjV3t
The strikes, within a 30-minute period around 1 a.m., caused thunderous explosions and fireballs that leapt high into the night sky, causing people in neighborhoods a mile or more away to cry out in alarm.
Just as one strike ended, the sound of jet engines from low-flying aircraft in the stormy skies above the capital signaled the imminence of another. Huge plumes of black smoke rose and converged over the darkened cityscape.
“We thought it was the day of judgment,” one enraged Libyan said.
The intensity of the attacks, and their focus on the area of the Bab al-Aziziya command compound in central Tripoli, appeared to reflect a NATO decision to step up the tempo of the air war over the Libyan capital, perhaps with a view to breaking the stalemate that has threatened to settle over the three-month-old Libyan conflict.
As NATO intensified its airstrikes, the American State Department’s highest-ranking Middle East official, Jeffrey D. Feltman, was in Benghazi on Tuesday on a visit aimed at providing fresh impetus to the rebel cause. Speaking at a news conference, Mr. Feltman said that the Obama administration had invited the Libyan opposition to open an office in Washington, but stopped short of offering the formal recognition the rebels have been seeking.
“This step marks an important milestone in our relationship with the Transitional Council,” Mr. Feltman said, referring to the rebel governing body, who he said had accepted the American invitation