
I'm sure it's perfectly normal to have 3 aircraft carriers operating in the same sea at the same time.
I get inside of beats, twistin and turnin em and havin my way with em...
So much money has gone into armoring and arming local law-enforcement since 9/11 that the federal government could have rebuilt post-Katrina New Orleans five times over and had enough money left in the kitty to provide job training and housing for every one of the record 41,000-plus homeless people in New York City. It could have added in the growing population of 15,000 homeless in Philadelphia, my hometown, and still have had money to spare. Add disintegrating Detroit, Newark, and Camden to the list. Throw in some crumbling bridges and roads, too.
-Truth Out
Chinese Foreign Ministry spokesman Hong Lei said Tuesday that "it is illegal for any country, government or company, without the Chinese government's permission, to develop oil and natural gas in waters under Chinese jurisdiction," China Daily reports.
But the Philippines maintains that all of the 15 areas are within Philippine territory.
-United Press International
“That’s right, walk away,” screamed one man, as the crowd surged around the officers. “You walking out ‘cause you know you not ready to deal with the reality,” a woman shouted into the microphone.
The anger in the predominantly black crowd revealed divisions within the community, with many younger community activists protesting the “establishment” approach of the older religious leaders. They claimed the leaders worked too much with police.
-Bay Citizen
“The prisoners are progressing rapidly to the organ damaging consequences of dehydration. They are not drinking water and have decompensated rapidly. A few have tried to sip water but are so sick that they are vomiting it back up. Some are in renal failure and have been unable to make urine for three days. Some are having measured blood sugars in the 30 range, which can be fatal if not treated.”
A few have tried to sip water but are so sick that they are vomiting it back up.
SHU prisoners at Pelican Bay have said they are willing to risk their lives and will continue to strike until their demands are met.
-SF Bay View
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It's an indefensible industry. The situation is profit vs. public safety. The latter stands no chance over the long term.
-CounterPunch
The 2,000-foot berm collapsed about 1:25 a.m. Sunday due to “onsite activities,” OPPD officials said. The Aqua Dam provided supplemental flood protection and was not required under NRC regulations.
“We put up the aqua-berm as additional protection,” said OPPD spokesman Mike Jones. “(The plant) is in the same situation it would have been in if the berm had not been added. We're still within NRC regulations.”
-Omaha World-Herald
"We are determined and committed to supporting the defense of the Philippines."
-US Secretary of State Hillary Clinton
Del Rosario, with Mrs Clinton at his side, said: "While we are a small country, we are prepared to do what is necessary to stand up to any aggressive action in our backyard."
The Philippines has announced the deployment in disputed waters of its navy flagship, the Rajah Humabon. One of the world's oldest warships, the Rajah Humabon was a former US Navy frigate that served during World War II.
The Philippines has historically bought second-hand hardware, but del Rosario said that President Benigno Aquino has allocated 11 billion pesos (£157 million) to upgrade the navy.
Shortly ahead of his talks with Mrs Clinton, Mr del Rosario said that the Philippines was asking the United States for "an operational lease so that we can look at fairly new equipment and be able to get our hands on that quickly."
"We need to have the resources to be able to stand and defend ourselves and, I think, to the extent that we can do that, we become a stronger ally for you," he said at the Center for Strategic and International Studies.
-The Telegraph
Lieutenant Noel Cadigal of the Philippine navy said two U.S. guided missile destroyers and a salvage ship would join four Philippine gunboats for gunnery, patrol and interdiction drills off the southern tip of Palawan island.
"We will also hold anti-piracy and anti-smuggling exercises and test the interoperability and readiness of the two navies in responding to various scenarios, such as security, disaster and humanitarian assistance," Cadigal said.
-News Daily
The New York Fed is refusing to tell investigators how many billions of dollars it shipped to Iraq during the early days of the US invasion there, the special inspector general for Iraq reconstruction told CNBC Tuesday.
The Fed's lack of disclosure is making it difficult for the inspector general to follow the paper trail of billions of dollars that went missing in the chaotic rush to finance the Iraq occupation, and to determine how much of that money was stolen.
-CNBC
A restructuring of Greece's debt — either with a bond swap or by extending maturities on existing bonds — looks increasingly likely to be imposed by European policymakers as a means of sharing the burden of Greece's crisis with the private sector, S&P said in a statement.
"In our view, any such transactions would likely be on terms less favorable than the debt being refinanced, which we, in turn, would view as a de facto default according to Standard & Poor's published criteria," the agency said.
-CNBC
Much of the public focus is on the nation's public debt, which is $14.3 trillion. But that doesn't include money guaranteed for Medicare, Medicaid and Social Security, which comes close to $50 trillion, according to government figures.
The government also is on the hook for other debts such as the programs related to the bailout of the financial system following the crisis of 2008 and 2009, government figures show.
Taken together, Gross puts the total at "nearly $100 trillion," that while perhaps a bit on the high side, places the country in a highly unenviable fiscal position that he said won't find a solution overnight.
-CNBC