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NewsWatch - Monday, March 21, 2005
Two Years Later, Iraq War Drains Military

Two years after the United States launched a war in Iraq with a crushing display of power, a guerrilla conflict is grinding away at the resources of the U.S. military and casting uncertainty over the fitness of the all-volunteer force, according to senior military leaders, lawmakers and defense experts. - Washington Post
Thousands Protest Iraq War On Two Year Anniversary

Thousands of anti-war protesters took to the streets of San Francisco and other American cities Saturday, chanting slogans, stopping traffic and carrying cardboard coffins to commemorate the second anniversary of the invasion of Iraq. - Associated Press

FREEDOM AWAKENING

The world was stunned when the Ukrainian people refused to accept the election-as-usual travesty, and forced a new, free and fair election of Viktor Yushchenko. The Palestinian people went to the polls, and for the first time, elected people who were not hand-picked puppets of Yasser Arafat. - NewsWithViews/Henry Lamb
Incredible Shrinking Colorado Governor Bill Owens

"It's a sad day in America when law makers side with law breakers against law abiding citizens." African-American Ezola Foster

Two weeks ago, after hearing 28 Colorado citizens speak in favor of Representative David Schultheis' H.B. 1271, which prohibits illegal aliens from gaining taxpayer benefits-Democrat Terrance Carroll stood up and announced that all 28 men and women in favor of upholding the law-were racists. NewsWithViews/Frosty Wooldridge
Malibu Gas Station Already Charging More Than $3 a Gallon

Are Californians ready to pay three dollars a gallon for gas? Some already are.

The 76 Union station on Pacific Coast Highway in Malibu is doing brisk business despite self-serve pumps selling regular unleaded at three dollars, five cents a gallon and supreme unleaded at three dollars, 15 cents. KESQ

Report: Struggling GM Seeking Deep Cuts - automaker could cut as much as 28 percent

General Motors Corp., which rocked investors last week by slashing its 2005 income outlook, plans deep cuts to its nonunion employee ranks, according to a newspaper report.
Russian Immense Currency Reserves Pose Competition for Asian States

f oil prices remain on the high level, Russia will be able to take the 5th place in the world on the amount of currency reserves

Russia has taken the 7th place in the world on the volume of it currency reserves. Russia is expected to leave India behind and approach Singapore on this index by the end of the current year. The countries of East Asia have been holding the leading status in the competition for quite a long time. However, Russia has a good chance to compete with Asia at this point: the nation's huge oil income is still not used in the real sector of economy, but stimulates the growth of consumer prices instead. - Pravda

Soaring Commodity Prices Show Threat to Dollar System

More than three decades after President Nixon dismantled the Bretton Woods monetary order, global financial markets are in an untenable situation. At the heart of the issue is the U.S. dollar, still the most important reserve currency in the world. The dollar is the currency upon which the interest rates of hundreds of billions of dollars worth of loans, mortgage credits, and financial derivatives are pegged, and with which practically all raw material purchases are transacted. - Executive Intelligence Review
Border Line: Teetering Tensions on the Mexico Border

CBN News recently traveled to the Arizona-Mexico border, where angry residents are screaming for a crackdown on illegals. That is because the massive flood of foreigners is ruining many Arizonans' way of life along the border. - CBN
Tancredo Whacking Limbaugh in Online Presidential Poll

In another sign Americans are looking for outlets to express their concerns over illegal immigration, Rep. Tom Tancredo, R-Colo., is handily beating conservative icon Rush Limbaugh in an online poll on who would make the best Republican candidate for president in 2008. - WorldNetDaily
Insurers Put Cap on Disaster Coverage

Take a close look at your home insurance policy. You may not be covered for as much as you think.

Israel's New Jerusalem Plan Angers Palestinians

Israel plans to build thousands of new homes in the occupied West Bank to cement its hold on Jerusalem, government sources said Monday, drawing a Palestinian warning that peace efforts were at risk.The blueprint for two new neighborhoods linking the Jewish settlement of Maaleh Adumim to Arab East Jerusalem appeared to flout a U.S.-backed peace "road map" whose final vision is disputed by Israel and the Palestinians

Bush signs Bill to save Terri Schiavo

US President George W. Bush has signed controversial legislation designed to prolong the life of a severely brain-damaged Florida woman whose feeding tube had been removed by court order."Today, I signed into law a Bill that will allow federal courts to hear a claim by or on behalf of Terri Schiavo for violation of her rights relating to the withholding or withdrawal of food, fluids, or medical treatment necessary to sustain her life," Mr Bush said in a statement -News.com AU

Protesters in Kyrgyzstan Denounce Ballot Fraud

Thousands of protesters demanding the resignation of Kyrgyzstan's president over allegedly fraudulent elections rampaged through a southern city Sunday, burning down a police station and occupying government buildings.The government said it was ready to negotiate, but Kurmanbek Bakiyev, an opposition leader and former prime minister, said talks would be possible only if President Askar Akayev was involved.

THINK THE COLD WAR'S OVER?

Just as the free enterprise capitalists are becoming more politically and economically comfortable with Beijing and Moscow, both sent out very clear signals last week that the century old sparring match between Karl Marx and John D.Rockefeller may not be over.It may, in fact, be entering round ten with an unwanted KO—in the form of WWIII—coming at the end of this decade as a new, structured world government becomes an Orwellian reality -Jon Christian Ryter/NewsWithViews

EU Eases Budget Pact as Germany Wins Waiver

EU finance ministers clinched a deal late on Sunday to relax much-flouted budget rules that underpin the euro,bowing to Berlin's key demand that its hefty unification costs be excused."A small miracle has happened," Finnish Finance Minister Antti Kalliomaki said after nearly 12 hours of emergency talks in which Germany secured special treatment for the billions it pumps into the former communist east each year

China's anti-secession law obstacle to lifting EU arms embargo: Straw

British Foreign Secretary Jack Straw said that China's recent adoption of an anti-secession law regarding Taiwan has complicated the lifting of the European Union's arms embargo against Beijing. The law has "created quite a difficult political environment," Straw told the British ITV television channel -Channel News Asia SG

Crisis Deepens as Lahoud Opponents Spurn Dialogue

Lebanon’s crisis deepened yesterday with the opposition spurning a plea for dialogue from the pro-Syrian president and as a UN envoy said he feared another high-profile political killing in the country.The opposition rejection means that an ominous standoff between anti-Syrian opponents and the current leadership is set to continue in an atmosphere of mounting political tension that followed the assassination Feb. 14 of former prime minister Rafik Hariri -Arab News SA

Negroponte's Time In Honduras at Issue

The selection of Negroponte for the new post of national intelligence director has focused renewed attention on the question of how much he knew about the Honduran military's involvement in nearly 200 unsolved kidnappings during the 1980s, and what he did about it.The subject has dogged him in the past, and Democratic staff members said it is likely to be revisited when the Senate Select Committee on Intelligence holds nomination hearings, tentatively scheduled for April 12 -Washington Post

FEC Considers Restricting Online Political Activities

The Federal Election Commission has begun considering whether to issue new rules on how political campaigns are waged on the Internet, a regulatory process that is expected to take months to complete but that is already generating considerable angst online -Washington Post

UN in dramatic climbdown after American pressure

The security of America and other wealthy countries will for the first time be declared a key priority for the United Nations under reforms designed to restore confidence in the crisis-ridden international body.The reforms, to be announced tomorrow by Kofi Annan, the UN secretary-general, will be seen as a concession to Washington after repeated clashes with President George W Bush over US foreign policy, including the war in Iraq -Telegraph UK

China’s President Warns Rice on Taiwan

US Secretary of State Condoleezza Rice and the Chinese president have endorsed a commitment to get North Korea back into talks over its nuclear program.

The Age of Missing Information

Information is the oxygen of democracy. Day by day, the Bush administration is cutting off the supply.



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