News for 2010-03-15

Monday, March 15, 2010
Fed Appointees, Expect an Inquisition
The Obama administration announced its three picks for the vacant positions at the Fed last week. Not surprisingly, no one on the list was among those who had warned of the housing bubble. This is not surprising because there is virtually no overlap between the list of people who had warned of the...
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Policy Battle Over Afghan Peace Talks Intensifies
WASHINGTON - The struggle within the Barack Obama administration over Afghanistan policy entered a new phase when the president suggested at a meeting of his "war cabinet" Friday that it might be time to start negotiations with the Taliban, according to a report in the New York Times Saturday.
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Senate Financial Reform Bill Boosts Fed: Sources
The Federal Reserve would gain new powers over non-bank financial firms and keep much of its authority over banks under a new bill to be unveiled on Monday by the Senate's architect of financial reform. In a turnaround for the central bank after months of public criticism, Senate Banking Committee...
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Meet USCybercom: Why the US Is Fielding a Cyber Army
The US is in the process of creating a unified cyber command, to fight the wars of the future. The Pentagon has no doubt that the next conventional war will include a cyber element. Looking out of a window in London's Canary Wharf, Daniel Kuehl gestures randomly towards a high-rise. "Let's just...
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Money Spent on Tar Sands Projects Could Decarbonize Western Economies
The £250bn cost of developing Canada's controversial tar sands between now and 2025 could be used to decarbonise the western economy by funding ambitious solar power schemes in the Sahara or a European wide shift to electric vehicles, according to a new report released today. The same amount of...
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Noam Chomsky on Obama’s Foreign Policy, His Own History of Activism, and the Importance of Speaking Out
We spend the hour with world-renowned linguist and dissident, Noam Chomsky. In a wide-ranging public conversation at the Harvard Memorial Church in Cambridge, Massachusetts, Chomsky talks about President Obama’s foreign and national security policies, the lessons of Vietnam and his own activism. “...
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Contractors Tied to Effort to Track and Kill Militants
KABUL, Afghanistan — Under the cover of a benign government information-gathering program, a Defense Department official set up a network of private contractors in Afghanistan and Pakistan to help track and kill suspected militants, according to military officials and businessmen in Afghanistan and...
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100,000 Protesters Rally in Bangkok to Press Thai Government to Step Down
We’re demanding the government give up its administrative power by dissolving parliament and returning power to the people,” Veera Musikapong, a protest leader, told followers. The demonstrators converged near government offices in the capital, demanding that Abhisit Vejjajiva, the prime minister,...
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Move on Student Loans Could Win Healthcare Votes, House Dems Say
Attaching a student aid bill to the healthcare reform legislation could attract support for the whole measure, according to senior House Democrats. The House already passed the bill which would essentially cut private lenders out of federal student lending programs, and it is a major priorities for...
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Relying on GM Crops to Battle Climate Change 'Suicidal,' Indian Activist Charges
LONDON - Faced with growing demand for food and increasingly unpredictable weather, many developing nations are debating whether to relax restrictions on the use of genetically modified crops. Seed developers promise that a coming generation of genetically modified (GM) food crops will have climate...
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