Kucinich presents Bush impeachment articles

An Ohio Democratic lawmaker and former presidential candidate has presented articles of impeachment against President George W. Bush to Congress.

Thirty-five articles were presented by Rep. Dennis Kucinich to the House of Representatives late Monday evening, airing live on C-SPAN.

“The House is not in order,” said Kucinich to Speaker Nancy Pelosi (D-CA), upon which Pelosi pounded her gavel.

“Resolved,” Kucinich then began, “that President George W. Bush be impeached for high crimes and misdemeanors, and that the following articles of impeachment be exhibited to the United States Senate. …

“In his conduct while President of the United States, George W. Bush, in violation of his constitutional oath to faithfully execute the office of president of the United States, and to the best of his ability preserve, protect and defend the Constitution of the United States, and in violation of his constitutional duty to take care that the laws be faithfully executed, has committed the following abuses of power…”

The first article Kucinich presented, and many that followed, regarded the war in Iraq: “Article 1 – Creating a secret propaganda campaign to manufacture a false case for war against Iraq.”

On several occasions, Kucinich referenced RAW STORY and its noted investigative news chief, Larisa Alexandrovna, as source material for the articles. Two of the RAW STORY pieces Kucinich mentioned are viewable here and here.

Kucinich, a 2004 and 2008 Democratic candidate for the White House, abandoned a prior attempt to begin impeachment proceedings against Bush in January of this year.

In April of 2007, Kucinich presented impeachment articles against Vice President Dick Cheney, but the effort went nowhere. Kucinich exclaimed that “impeachment may well be the only remedy which remains to stop a war of aggression against Iran.”

Before leaving office in January 2007, then-Democratic Rep. Cynthia McKinney–currently a Green Party presidential candidate–introduced articles of impeachment against President Bush as her last act in Congress, but that effort also was fruitless.

Tuesday’s follow-up story at this link: Mainstream media yawns as Kucinich offers impeachment.

Plus Impeachment resolution gains co-sponsor.

This video is from C-SPAN, broadcast June 9, 2008.

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Kucinich references RAW STORY


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Rough closed caption transcript of the first 10 minutes of proceedings follow…

Read moreKucinich presents Bush impeachment articles

Pentagon OKs ‘brainwave binoculars’

THE Pentagon has approved $US6.7 million ($7m) to develop binoculars that would tap a user’s brainwaves to home in on threats.

Northrop Grumman Corporation said today it was leading an academic and industry consortium for the project, known as the Cognitive Technology Threat Warning System program, or CT2WS.

The plan featured a custom helmet equipped with electrodes placed on the scalp to record neural responses to the presence or absence of potential threats, Northrop said.

The brain’s input would “train the system’s algorithms, which will continue to be refined over time so that the warfighter is always presented with items of relevance to his mission”, the company said.

The contract was awarded by the Defence Advanced Projects Agency, or DARPA, a Pentagon arm that acts as a cradle of new technology for use by the US military.

The goal is to detect enemy forces and vehicles over 1-10km while surveying a 120deg or greater field of view, according to documents on DARPA’s website.

“At the same time we must look at the projected size, weight and power of the notional system to determine if the capabilities we are aiming for can be constrained into something fieldable by our military,” said DARPA spokeswoman Jan Walker.

Neither Northrop nor the military provided precise details on how the project might work if put into operation.

After the project’s initial 12-month, $US6.7m stage, DARPA has the option to extend the contract for two more phases to develop the subsystems and a final prototype of portable assemblies.

“A prototype is not a product, so if we are three years away from a prototype we might be five years or more away from a device that might be considered a product,” Ms Walker said.

Northrop Grumman said it was striving for “persistent surveillance” in the system to give early notice of any enemy “move-stop-move tactics”.

If and when deployed, such a system could play a role in such things as force protection, defeating roadside bombs, border surveillance and other advanced military and homeland defense applications, the company said.

Read morePentagon OKs ‘brainwave binoculars’

Weapons lab develops world’s fastest computer dubbed Roadrunner

WASHINGTON – Scientists unveiled the world’s fastest supercomputer on Monday, a $100 million machine that for the first time has performed 1,000 trillion calculations per second in a sustained exercise.

The technology breakthrough was accomplished by engineers from the Los Alamos National Laboratory and the IBM Corp. on a computer to be used primarily on nuclear weapons work, including simulating nuclear explosions.

The computer, named Roadrunner, is twice as fast as IBM’s Blue Gene system at Lawrence Livermore National Laboratory, which itself is three times faster than any of the world’s other supercomputers, according to IBM.

“The computer is a speed demon. It will allow us to solve tremendous problems,” said Thomas D’Agostino, head of the National Nuclear Security Administration, which oversees nuclear weapons research and maintains the warhead stockpile.

Read moreWeapons lab develops world’s fastest computer dubbed Roadrunner

Russia blames U.S. for global financial crisis

ST PETERSBURG, Russia (Reuters) – Russian President Dmitry Medvedev blamed “aggressive” United States policies on Saturday for the global financial crisis and said Moscow’s growing economic muscle could be part of the solution.

“Failure by the biggest financial firms in the world to adequately take risk into account, coupled with the aggressive financial policies of the biggest economy in the world, have led not only to corporate losses,” Medvedev told Russia’s main annual event for international investors in St Petersburg.

“Most people on the planet have become poorer.”

The Kremlin leader said investment by cash-rich Russian companies abroad, promotion of Moscow as a major financial centre and use of the ruble as a reserve currency were part of the answer.

These could help solve problems created by what he said was a gap between the United States’ leading global economic role and “its true capabilities.”

The Kremlin leader said economic nationalism had played a big part in triggering the current crisis, which he compared to the Great Depression of the 1930s.

“No matter how big the American market and no matter how strong the American financial system, they are incapable of substituting for global commodity and financial markets,” Medvedev told the St Petersburg International Economic Forum.

The Kremlin leader also attacked big bonuses paid out in the financial world, saying regulators needed to ensure that incentives promoted “rational behavior based on a balanced evaluation of risks and rewards.”

U.S. Secretary of Commerce Carlos Gutierrez, who spoke shortly after Medvedev, appeared to reject the criticism.

He said the United States had never based its policies on “economic egoism” and believed in free trade.

“Globalization is in the national interest,” he added.

Read moreRussia blames U.S. for global financial crisis

Study: 1 in 4 adults in NYC have herpes virus

NEW YORK (AP) – A city Health Department study finds that more than a fourth of adult New Yorkers are infected with the virus that causes genital herpes.

The study, released Monday, says about 26 percent of New York City adults have genital herpes, compared to about 19 percent nationwide.

The department says genital herpes can double a person’s risk for contracting HIV.

Herpes can cause painful sores, but most people have no recognizable symptoms.

Among New Yorkers, the herpes rate is higher among women, black people and gay men.

The health department urges consistent use of condoms, and says its STD clinics offer free, confidential herpes testing.

June 09, 08

Source: AP

Bilderberg Seeks Bank Centralization Agenda

“Jim Tucker from the American Free Press speaking on the Alex Jones show today stated that one of his Bilderberg sources revealed to him that the global elite are planning to push forward their cashless society grid agenda with the use of implantable microchips. The implantable microchips would be sold as a way for people to easily move through the militarized control grid that they’ve setup via the bogus terror war.”
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Fresh off of the 2008 Bilderberg Meeting, it looks as if New York Federal Reserve president Timothy Geithner is set to push a new agenda in the world of central banking that was likely decided upon at Bilderberg. Geithner yesterday, wrote an article in the Financial Times calling for a global regulatory banking framework.

In addition, Geithner called for the Federal Reserve to have an instrumental role in this new framework. Geithner cites all of the problems that were actually created by the central bankers in the first place as the rationale for having greater centralized power. It is interesting Geithner decides to write this piece right after the Bilderberg Meeting where some of the most powerful figures in the world of central banking attended.

Not only did Geithner attend, but the attendee list included Ben Bernanke the Federal Reserve Chairman, Henry Paulson the U.S. Treasury Secretary, Jean-Claude Trichet the president of the European Central Bank, Robert Zoellick the president of the World Bank and other high profile bankers.

With the who’s who of central banking attending the Bilderberg Meeting, it is highly unlikely that what Geithner is proposing in his Financial Times article was not discussed at the Bilderberg Meeting. It is no secret that the true objective of the Bilderberg Meeting is to steer the world into accepting a global government.

By establishing a new global regulatory banking framework, this will inch the planet ever closer to a one world currency operating in a cashless society where microchips are used to facilitate transactions. Make no mistake about it, this system will not be good, because it will be controlled by a bunch of criminal psychopaths like the one’s who attended the 2008 Bilderberg Meeting.

In his Financial Times article, Geithner wrote the following:

Read moreBilderberg Seeks Bank Centralization Agenda

Why oil costs over $130 per barrel: the decline of North Sea Oil

Rising North Sea oil production was a significant factor in keeping oil prices under control in the 1970s, 80s and 90s. Production peaked at 6.4 million barrels per day in 2000 and since then, declining North Sea Oil production is one significant reason that oil prices are now rising exponentially.

Posted by Euan Mearns
June 9, 2008

Complete article here: The Oil Drum

Credit crisis expands, hitting all kinds of consumer loans

WASHINGTON – The credit crisis triggered by bad home loans is spreading to other areas, forcing banks to tighten credit and probably extending the credit crisis that’s dragging down the economy well into next year, and perhaps beyond.

That means consumers are going to have an increasingly difficult time getting bank loans for car purchases, credit cards, home equity credit lines, student loans and even commercial real estate, experts say.

When financial analyst Meredith Whitney wrote in a report last October that the nation’s largest bank, Citigroup, lacked sufficient capital for the risks it had assumed, she was considered a heretic.

However, Whitney was proved correct: Citigroup pushed out its CEO, sought foreign investors and slashed its dividend. Her comments now carry added weight on Wall Street, and she has a new warning for ordinary Americans: The crisis in credit markets is far from over, and it increasingly will affect consumers.

“In fact, we believe that what lies ahead will be worse than what is behind us,” Whitney and colleagues at Oppenheimer & Co. wrote in a lengthy report last month about threats faced by big national banks, including Bank of America, Wachovia and others.

The warning is scary considering what’s already behind us in the credit crisis – the resignation or firing since last August of CEOs at almost every large commercial or investment bank; the Federal Reserve lowering its benchmark lending rate by 3.25 percentage points; a Fed-brokered deal to sell investment bank Bear Stearns; and weekly auctions of short-term loans from the Fed worth billions of dollars to keep credit markets functioning.

(Got Gold and Silver? – The Infinite Unknown)

Read moreCredit crisis expands, hitting all kinds of consumer loans

Israeli officials: We will invade Gaza before truce deal takes effect

Israeli army officials told the Jerusalem Post news paper that the Israeli government will conduct a medium range ground offensive targeting Gaza before any truce deal with the Palestinian resistance groups in Gaza takes effect.

Israeli PM Ehud Olmert - File 2008
Israeli PM Ehud Olmert

The officials said that it’s likely the operation will be approved this coming Tuesday during the meeting between the Israeli Prime Minister Ehud Olmert and his defense Minister Ehud Barak.

According to army officials, Israel does not want to appear weak, by accepting the truce deal while Palestinian resistance groups are still firing home made-shells from Gaza toward nearby Israeli areas.

Read moreIsraeli officials: We will invade Gaza before truce deal takes effect

Traders predict house prices will fall by 50% in four years

· Investments based on property ‘fall off a cliff’
· Job losses hit estate agents and mortgage firms

The slide in house prices will continue for at least three years and crush the value of a home by almost 50% in real terms, according to a key index of property price futures. Indications from futures trading on long term property prices shows that the average UK home will recover its current value only in 2017.

By the end of this year prices will be down by 10% and by a further 10.5% in 2009, according to the index. Prices will keep dropping through 2010 and cut values by 23.5% when they hit rock bottom in 2011. House prices will then begin a slow climb back to current market values over a period of about six years.

If an average retail price inflation rate of 4% is included in the calculation and in addition the 8% drop in prices over the last eight months already registered by the Halifax index, the fall in values over almost four years will reach 47.5% in real terms.

The Liberal Democrat Treasury spokesman, Lord Oakeshott, said the figures revealed that property investors had little confidence in the market and were predicting steep and prolonged falls in prices.

“This government says this housing depression will be different from the early 1990s. Yes, that’s right. It will be worse.”

Read moreTraders predict house prices will fall by 50% in four years