Thursday, December 27, 2007

Who was Benazir's real enemy? Bush allied a coup government against 'the rule of law' of the USA. What was to follow with her election ?

Benazir Bhutto was committed to the establishment of a democracy in Pakistan in the image of the USA Consitution. She spoke freely regarding the demise of freedom within the USA as noted with the Bush/Cheney administration and their assault on democracy through corrupt grabs for power.

Benazir was more than the Pakistani hope for a return to democracy, she was a dear and loved friend of American democracy, now succumbed to the rigors of Republican corruption and distain.

She is missed, but, those that surround her revolution in Pakistan must go forward to regain stability and correct the course of freedom and humanity to the world. She was more than right when she stated The West was wrong in looking for extremists to arm to defeat the Soviets. In doing so, The West created it's own 'terrorist hell' and turned loose the demands of those extremists to provide a home for al Qaeda which placed Musharraf in control of a Pakistani nuclear arsenal.

She was far more than a potential return of a maligned former Prime Minister, she was the hope of peace and democracy throughout Islam.

It has been the directive of the Bush/Cheney White House since John Negroponte stated the USA would move into sovereign countries to fight Bush's so called "War on Terror." Pakistan was one of those countries (click here - billions of USA $ are already invested into Pakistan). Benazir Bhutto was actively seeking support for her campaign in the tribal areas where she could establish loyalty to her government and defeat terrorist regimes from within Pakistan. It would thwart any need for USA assistance in regaining stability and hence provide an autonomous region whereby Islamic independence without interference by Western influence would take away still another front to a Russia-USA conflict.

Benazir, was capable of peace and democracy with India and the denuclearization of the entire region. Many fears would have been set aside with a denuclearized Middle East and the safe distance to a Russian front by The West. Both Bush and Blair are known to have increased tensions with Russia, including the estranged relations that now exist between Russia and Great Britain. These men weren't interested in the 'natural' progression of democracy in any country, they wanted war that would give Western domination of Russian and Caspian oil and gas. The West wants to 'own' the world and it's natural resources, Benazir would have stopped any progression toward that end.

Dearly loved Benazir succumbs to her bravery and gives new life to her revolution.


ISLAMABAD
Dec 27: Former prime minister Benazir Bhutto succumbed to her injuries in the hospital, tv channels reported. She had received grievous bullet injuries in the neck region and head injuries from the bomb blast at the election meeting at Liaquat Bagh which also claimed at least 20 more lives. (Posted @ 18:28 PST)

More powerful in death than life...
...A graduate of Harvard and Oxford, she brought the backing of Washington and London, where she impresses with her political lineage, her considerable charm and her persona as a female Muslim leader....


December 26, 2007
Musharraf asks administration to ensure foolproof security during polls (click here)
Islamabad (PTI): President Pervez Musharraf on wednesday directed the administration to ensure foolproof security during next month's general election and to "eliminate" militancy in Swat valley in the North West Frontier Province.
Musharraf, who reviewed the security situation in Pakistan during a five-hour meeting with top civil and military officials, said foolproof security should be provided to all politicians and parties for the January 8 parliamentary polls.
He also said polls would be held as scheduled in Swat where the army is conducting a major operation against pro-Taliban militants led by radical cleric Maulana Fazlullah.
Musharraf told the officials that the election code of conduct and security measures should be implemented in letter and spirit.
The government would not tolerate any insurgency and all militants would be eliminated from Swat, he said.
Interior Secretary Syed Kamal Shah briefed the meeting on the overall security situation and the investigation into recent suicide attacks in the North West Frontier Province. The meeting was co-chaired by caretaker Prime Minister Mohammedmian Soomro.
Shah also submitted a report on the recent escape of terror suspect Rashid Rauf, who was arrested last year on suspicion of involvement in a plot to bomb airliners travelling from Britain to the US.
The Director General Military Operations, Maj Gen Ahmed Shuja Pasha, briefed the meeting about the military operation in Swat.


Perhaps, simply, convenient timing.
By Ihtasham ul Haque
ISLAMABAD, Dec 26: A high level meeting held here on Wednesday directed the interior ministry and the provincial governments to make foolproof security arrangements for the general elections.
Informed sources told Dawn that President Pervez Musharraf, who presided over the meeting, directed the officials concerned to also ensure security of political leaders and candidates.
Sources said that the meeting took notice of display of illegal arms during the poll campaign and directed the authorities to take necessary action.
According to the sources, the president said that people involved in displaying weapons should be arrested and their weapons should be confiscated. The president was of the view that even licensed arms should not be allowed to be displayed in political rallies and meetings.
He told the meeting that the army would stay in Swat till the entire valley was cleared of militants.
He directed the federal government and the NWFP administration to prepare as soon as possible a socio-economic development package for the people of Swat and adjoining areas.
The meeting was attended by caretaker Prime Minister Muhammadmian Soomro, the governor and chief minister of the NWFP, senior officials of interior ministry, Chief of Army Staff Gen Ashfaq Parvez Kayani and the director general military operations.
President Musharraf called for an immediate damage assessment for payment of compensation to families affected during the military operation.
Secretary interior Syed Kamal Shah briefed the meeting on steps being taken to provide security and maintain law and order during the elections.

The American Republican Party alliance repeats history. It's always lead by a Bush !!!

The Bush Curse

The Republicans have a very long history of being regressives. Reagan was never inventive in his economic strategy. He simply deregulated dearly important environmental policies, among others. George W. Bush simply had no ideas regarding an economic strategy except to use hubris to exaggerate 'the feeling' of confidence where there was none. He was able to 'pull it off' because of a cooperative majority Republican House and Senate.

A record American deficit to fund pork projects while exploiting American health to bolster profits at any cost. At every turn, the Bush/Cheney administration exploited old Republican stalwarts of crony infrastructure to create still 'again' a faux American economy. Every measure should be taken legislatively in a majority Democratic House and Senate to prevent such exploitation again.

The USA natural resources are dearly limited and need to be protected while other safe but synthetic materials are 'manufactured' in the USA to accomodate growth while realizing alternatives to energy, transportation and housing materials ARE the future of the economic strength of this country.

The USA under Democratic leadership has always been regulated for consumer protection while encouraging invention to a better quality of life rather than a diminishment of it. The USA's greatest strength for the future is to discard the ways of the past and plot a new and inventive path the world will envy.

Let's get on with it, shall we?

"Nature Materials" (click here)

Materials science or materials engineering is an interdisciplinary field involving the properties of matter and its applications to various areas of science and engineering. This science investigates the relationship between the structure of materials and their properties. It includes elements of applied physics and chemistry, as well as chemical, mechanical, civil and electrical engineering. With significant media attention to nanoscience and nanotechnology in the recent years, materials science has been propelled to the forefront at many universities.



Want a 'real' financial paper to read? Barron's !!!!

Today's Barron's Headlines ! Now tell me who believes in the potential of the future?


A Bet on Eco-Friendly Plastics (click here)
By Naureen S. Malik
Word Count: 970 Companies Featured in This Article: Metabolix, Target, Archer Daniels Midland, Abbott Laboratories
DUSTIN HOFFMAN'S CHARACTER IN the 1967 film "The Graduate" received one word of career advice from a well-intentioned family friend: "plastics."
But if the film were made in today's greener times, the advice might have come in two words: "biodegradable plastics."
Metabolix, though currently unprofitable, is at the forefront of developing this new type of environmentally-friend plastic. Derived from corn, natural plastic completely breaks down to its basic elements of carbon dioxide and water on its own whether it is in a landfill or sitting in water. These plastics can be engineered to biodegrade over weeks or months.
Next year ...



Robert Shiller is a professor of economics at Yale University, and is also one of the first to have pointed out the possibility of a housing bubble in print (as opposed to online). Above is a graph from data he compiled while writing the second edition of Irrational Exuberance that appeared in Barron’s not too long ago.


The USA Economy is headed for a slide into a huge depression even with the best bail out program that can only be designed by a Bush, after all Neil Bush should know, was it Silverado?


The much coveted coastal areas of the USA experience huge over valued home prices. The recession of the USA will be most felt in Blue states where Republicans will attempt to exploit it for political gain in any elections across the board.




October home prices post record decline
A sale sign stands outside a home for sale at a co-housing development in Lafayette, Colo., on Friday, Oct. 19, 2007. U.S. home prices fell in October for the 10th consecutive month, declining a record 6.7 percent compared with a year ago, according to the Standard & Poor's/Case-Shiller home price index. (AP Photo/David Zalubowski)
By Stephen Bernard
AP Business Writer / December 26, 2007
NEW YORK—
U.S. home prices fell in October for the 10th consecutive month, posting their largest drop since early 1991, according to a key index released Wednesday.
The record 6.7 percent slide in the Standard & Poor's/Case-Shiller home price index also marked the 23rd consecutive month that prices either fell or grew more slowly than the month prior.
"No matter how you look at these data, it is obvious that the current state of the single-family housing market remains grim," said Robert Shiller, who helped create the index, in a statement.
The previous record decline was 6.3 percent, recorded in April 1991. The index tracks prices of existing single-family homes in 10 metropolitan areas.

http://www.boston.com/realestate/news/articles/2007/12/26/october_home_prices_post_record_decline/



U.S. STOCKS
Retail woes put drag on market
ELIZABETH STANTON
Bloomberg News
December 27, 2007
Most U.S. stocks fell for the first time in four days as slower sales at Target Corp. and a bigger-than-expected drop in home prices overshadowed a rally in energy companies.
Circuit City Stores Inc., Big Lots Inc. and Dillard's Inc. led declines in 28 of 31 members of the Standard & Poor's 500 Retailing Index.
CB Richard Ellis Group Inc., the world's largest commercial real estate broker, posted its steepest retreat in two weeks.
Citigroup Inc., the biggest U.S. bank, fell the most in the Dow Jones industrial average after billionaire investor Warren Buffett said he rebuffed financial firms that approached him about buying stakes.

http://www.theglobeandmail.com/servlet/story/LAC.20071227.RMARKETWRAP27/TPStory/Business


U.S. home prices plunge
October housing values down 6.7% from 2006, index says

December 27, 2007
BY GRETA GUEST
FREE PRESS BUSINESS WRITER
U.S. single-family home prices fell a record 6.7% in October compared with 2006, according to the S&P/Case-Shiller home price index released Wednesday.
And home prices in metro Detroit were 11.2% lower this October compared with the previous year, the index found.
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The national index measures annual returns from the nation's 10 largest cities. The metro area breakouts include the top 20 markets.
"No matter how you look at these data, it is obvious that the current state of the single-family housing market remains grim," said Robert J. Shiller, chief economist for MacroMarkets LLC.
Miami had the largest decline in home prices for October at 12.4% down from the same month a year earlier. Tampa followed with an 11.8% drop and Detroit placed third.

http://www.freep.com/apps/pbcs.dll/article?AID=/20071227/BUSINESS04/712270337


Japan Stocks Fall After U.S. Home Prices Drop Most in 6 Years
By Patrick Rial and Kotaro Tsunetomi
Dec. 27 (Bloomberg) -- Japanese stocks fell for the first time in five days after U.S. home prices slumped by the most in at least six years, sparking concern the worsening housing recession will lead to more losses on mortgage-backed securities.
Mitsubishi UFJ Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. led declines among banks. Honda Motor Co. slipped on speculation the housing slump will drag down spending.
``Housing prices continue to fall in the U.S. and as that erodes people's equity in their homes we could see consumer spending take a dive,'' said Hideyuki Ookoshi, who helps oversee $365 million at Chiba-Gin Asset Management Co. in Tokyo. ``The feeling is that the U.S. economic outlook is dim.''
Lenders also dropped after the Nikkei newspaper reported consumer finance companies will pay twice as much out in customer refunds in 2007 versus the previous year.

http://www.bloomberg.com/apps/news?pid=20601101&sid=alKe.qlecRQ8&refer=japan


Record Fall For US Home Prices
By Dee Chisamera
12:17, December 27th 2007
The Standard & Poor’s/Case-Schiller home price index showed on Wednesday a 6.1% record price drop since October 2006 in 20 metropolitan areas, the largest in the last 10 years.
Ten of the metropolitan areas recorded the most significant drop since 1991, reaching 6.7%, compared cu 6.3% 16 years ago.
Robert Schiller, chief economist at Macro Markets LLC, said that “no matter how you look at these data, it is obvious that the current state of the single-family housing market remains grim.”
Among the metropolitan areas with the largest drops, Miami comes first with 12.4%, followed by Tampa, with a 11.8% drop, 11.2% in Detroit and 11.1% in San Diego.
There were however positive growth rates in three areas, out of which Charlotte gained the most, 4.3%, then came Seattle with 3.3%, and Portland with 1.9%.
Looking at the index from a month-to-month perspective, the percentages dropped 1.6 in October compared to September, which makes this the tenth consecutive month of continuous decline.
According to Joshua Shapiro, chief economist for Maria Fiorini Ramirez Inc, home prices are to considerably decline taking into account the harder to obtain mortgages and the increasing number of unsold homes, and the tendency will comprise the same major metropolitan areas.

http://www.efluxmedia.com/news_Record_Fall_For_US_Home_Prices_12267.html