U.S. Must Buy Assets to Prevent Financial Tsunami

The financial tsunami is already on its way. That is why the central banks have intervened on a massive scale to support the dollar, so that the tsunami will hit the economy a little later.
Asking a totally broke government to buy assets is a interesting idea. And who will ultimately pay for any government spending? The taxpayers – like always – will have to pay for it, up to the point where they too will ‘fail’, but there will be no bailout for them – like always.
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Sept. 4 (Bloomberg) — The U.S. government needs to start buying assets to stem a bourgeoning “financial tsunami,” according to Bill Gross, manager of the world’s biggest bond fund.

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U.S. Courts Now Consider Saliva to be a “Deadly Weapon” in HIV Trial

(NaturalNews) An HIV-positive homeless man has been sentenced to 35 years in prison for “harassing a public servant with a deadly weapon” by spitting at a police officer.

According to the prosecutors, police responded to a call that 42-year-old Willie Campbell was passed out in front of a Dallas building in May 2006. Police tried to arrest Campbell for public intoxication, and he became agitated. He allegedly kicked and spat at several police officers, telling them that he had HIV.

Read moreU.S. Courts Now Consider Saliva to be a “Deadly Weapon” in HIV Trial

Coca-Cola to buy Huiyuan in largest China takeover

HONG KONG (Reuters) – Coca-Cola Co (KO.N), the world’s largest soft drinks maker, offered to buy juice maker China Huiyuan (1886.HK) for a hefty premium, marking the biggest takeover in China by a foreign company.

The all-cash deal of $2.5 billion, which still requires regulatory approval, values Huiyuan at nearly three times its closing price on Friday.

Coca-Cola, which has offset flat sales at home by expanding globally, dominates a growing Chinese diluted-juice market and now hopes to make inroads into an untapped pure-juice sector.

Read moreCoca-Cola to buy Huiyuan in largest China takeover

EU is throwing habeas corpus out of the window

British citizens could be convicted in their absence by foreign courts for traffic, credit card or other criminal offences under plans approved in principle by the European Parliament.

The proposals would allow citizens to be extradited automatically under fast-track procedures at the request of another European Union country on the basis of a decision by the foreign court.

The overwhelming adoption by the Parliament of the proposals, which now go to the Council of Ministers, was condemned yesterday as “throwing habeas corpus out of the window”.

Philip Bradbourn, the Conservative justice and home affairs spokesman in the European Parliament, said: “This initiative would enable courts to pass judgments in absentia. It goes against one of the most fundamental corner-stones of British justice – that the accused has a right to defend himself at trial. If other EU countries want to go ahead with this proposal that’s their choice, but the British Government should have no part [of it].”

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Medvedev: Saakashvili is a political corpse

(BBC NEWS) Russian President Dmitry Medvedev has described his Georgian counterpart as a “political corpse”, saying Moscow does not recognise him as president.

“President Saakashvili no longer exists in our eyes. He is a political corpse,” he told Italy’s Rai television.

He said US support for Mr Saakashvili had helped provoke the crisis, which has seen Russian troops invade Georgia.

He said Russia did not fear isolation by Western countries that have condemned the Russian intervention.

Fighting between Russia and Georgia began on 7 August after the Georgian military tried to retake the breakaway region of South Ossetia by force.

Russian forces launched a counter-attack and the conflict ended with the ejection of Georgian troops from both South Ossetia and Abkhazia.

Russia has since recognised the independence of both regions, though no other country has.

Read moreMedvedev: Saakashvili is a political corpse

Pre-packed salad will lead to increased food poisoning

The increasing popularity of supermarket sold pre-packed salad could lead to a rise in food poisoning, scientists warned today.


Prof Frankel said just because some labels claimed food was pre-washed did not necessarily make it safe to eat Photo: JOHN TAYLOR

Researchers have discovered how salmonella and E.coli germs – more commonly associated with chicken and bovine products – can spread to salad and vegetable leaves.

A salmonella outbreak in the UK last year was traced back to imported basil while an E.coli outbreak in America in 2006 was linked back to pre-packed baby spinach.

Professor Gadi Frankel, from Imperial College, said consumers needed to be aware of the risk of contaminated salad to avoid potential food poisoning.

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Ron Paul – Rally for the Republic

Ron Paul at Rally For the Republic in Minneapolis, September 2, 2008

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Scotland launches schoolgirls’ anti-cancer health programme

A PROGRAMME to vaccinate schoolgirls against the virus that causes cervical cancer begins today.
Schools in several Scottish areas will begin vaccinating pupils aged 12 and 13 from this week.

They will be the first in the UK to receive the jab as part of a nationwide programme announced last year.

Read moreScotland launches schoolgirls’ anti-cancer health programme

Genetically ‘improved’ oysters behind France’s shellfish plague

Genetically “improved” oysters could be behind the worst plague of the shellfish to hit France in 40 years, it has been reported.

Last month farmers around France announced that they had lost between 40 and 100 per cent of their oysters aged one to two years old.

According to oysters farmers cited by weekly magazine Marianne, the culprit is the triploid oyster, which is modified to give it three pairs of chromosomes instead of two, as is the case with common oysters.

“It’s the triploid’s fault”, one was quoted as saying. “But one mustn’t say that because the scientific and financial stakes are considerable”.

Read moreGenetically ‘improved’ oysters behind France’s shellfish plague