May 30, 2008

Angry Bush Team Rips Book

The Bush administration plays defense over damning allegations in Scott McClellan's book. Jim Axelrod reports.

May 28, 2008

Silvered investors

I think silver has more room to grow when you compare to the silver high in the past.
And the most important fact you have to remember, the largest mining companies in the world like BHP are not investing in finding more mines when the demand has already outnumber the supply. Instead they are putting more funds in M&A activity. You can invest in silver through well famous and regulated companies like Monex Deposit Company (MDC). They can offer good advice for novice and professionals, and you can buy coins or ingots for your convenience.
Silver is definitely set to head up higher. To give you further assurance, I'm in the Silver run myself.

This blog post was based on information provided by Blogitive. For more information, please visit Blogitive.com.

The problem isn't the price of oil

French fishing crews will continue a blockade of ports and fuel depots in protest at marine diesel prices and the Malaysian government have announced a ban of foreign-registered vehicles buying subsidized gasoline. Prices have more than doubled in the past year to $135 a barrel, pushing up the price of fuel, energy bills and food.

In the USA in 1970, gasoline was 34 cents per gallon. Gold was $35 an ounce. So an ounce of gold bought about 100 gallons of gasoline. Today, gold is $920 per ounce and gasoline $4. So an ounce of gold will buy about 230 gallons of gasoline. Priced in gold, gasoline is now less than half what it was in 1970. The problem isn't the price of oil; the problem is money is becoming worthless, and wages are not keeping up with this inflation.

Moqtada al-Sadr called for a protest campaign

Iraqi anti-American Shiite cleric Moqtada al-Sadr has called for a protest campaign to force Baghdad to abandon a proposed deal that will extend the US troop presence in Iraq beyond 2008. Sadr said the proposed Status of Forces Agreement aimed at giving a legal basis to US troops after the December 31 expiry of a UN mandate defining their current status, was "against Iraqi national interests". His powerful movement planned to send delegations to neighbouring countries and to the West and to international bodies such as the United Nations, the Arab League and the European Ubnion to explain its position.

Sadr said the Iraqi government should consult the people before entering into any deal with Washington. US President George W. Bush and Iraqi Prime Minister Nuri al-Maliki signed a non-binding statement of principles in November for the negotiations, which began in March with the aim of concluding a pact by the end of July. There are currently about 150,000 US troops deployed in Iraq, which was invaded by US-led forces in March 2003.

May 14, 2008

Enrich your electoral prediction with a map

PredictNovember.com is a site built for predicting the outcomes of the presidential race state by state.
Within the site, users can make their own political predictions, and then, generate a map widget that can be embedded for free on their site or blog to track their accuracy over the race. Updated predictions are placed on a special list, so active user can compare their predictions against the other active members, and compare them also with the community average.
The purpose is to let users have more control over their discussions around each electoral collage for the presidential race, as well as offer an automated graphic tool, useful for site owners that are looking for attractive images to enrich their posts.

Disclousure: This blog receives compensation from PayPerPost advertisers.

Pakistan's stability

One of the main parties in Pakistan has announced it is leaving the coalition government. The PML-N, led by ex Prime Minister Nawaz Sharif, has said its ministers will leave their posts because of a dispute over the reinstatement of judges, who were sacked by President Pervez Musharraf. Mr Sharif wants their old powers back, while the PPP party, the biggest one in the coalition, wants limitation to their powers.
Pakistan is slowly sliding back to military grip again after few months of strengthening it's democratic process. This has created a great setback among the democratic forces in Pakistan and world. The infighting among the different sections regarding reinstating of dismissed judges is the main problems that is causing the split. Some judges have in the past been used by one sections against other's. Now the tug of war is about who should be reinserted led to this damage to the stability.

May 1, 2008

Other blow for Al-Qaeda

A US air strike in Somalia killed at least 12 people on Thursday, including an Al-Qaeda's military leader in the war-torn country. The militant leader was named as Moalim Aden Hashi Ayro who trained with Al-Qaeda in Afghanistan and had been linked to the deaths of foreign aid workers in Somalia. He had been a target of a US air strike in 2007.

In Washington, the Pentagon confirmed an attack on an Al-Qaeda military leader in Somalia but declined to identify him and would not initially say whether the mission had been successful. A war plane dropped three large bombs on the house at about 2:00 am (2300 GMT Wednesday).