Thursday, March 17, 2011

No Fly

Obama Speech In Cairo

"The fourth issue that I will address is democracy.
I know there has been controversy about the promotion of democracy in recent years, and much of this controversy is connected to the war in Iraq. So let me be clear: no system of government can or should be imposed upon one nation by any other."
KN: Let the bombing begin.
And the naive will never understand. But 30 years ago I was also naive. Than I opened my eyes. Some will refuse to open their eyes. They look at the world through rose-colored glasses. 
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U.N. Authorizes Military Strikes on Libya

Col. Gadhafi's forces celebrate at the gates of Ajdabiya, as government jets hit the city Wednesday.

The United Nations Security Council authorized military strikes on Libya Thursday evening, and U.S. and European officials said air attacks against Col. Moammar Gadhafi's forces were possible "within hours."
The Pentagon was already fine-tuning military options for "serious" strikes against ground and air targets should the White House order them, said U.S. defense officials.
Options included using cruise missiles to take out fixed Libyan military sites and air-defense systems, according to these officials. Manned and unmanned aircraft could also be used against Col. Gadhafi's tanks, personnel carriers and infantry positions, with sorties being flown out of U.S. and North Atlantic Treaty Organization bases in the southern Mediterranean.

Read the Security Council Resolution

"There is significant, serious planning going on right now," a U.S. official said. The options would be "more aggressive than a show of force."

Gaddafi Warns Of 'No Mercy' In Rebel City

11:46pm UK, Thursday March 17, 2011
Emma Hurd, in Libya, and Adam Arnold

Colonel Muammar Gaddafi has warned Libyan rebels in their stronghold of Benghazi that his forces are coming and there would be no mercy for those who fight them.



Obama's indecision on Libya has pushed Clinton over the edge
Fed up with a president “who can’t make his mind up” as Libyan rebels are on the brink of defeat, Secretary of State Hillary Clinton is looking to the exits.

At the tail end of her mission to bolster the Libyan opposition, which has suffered days of losses to Col. Moammar Gadhafi’s forces, Clinton announced that she’s done with Obama after
2012 — even if he wins again.

“Obviously, she’s not happy with dealing with a president who can’t decide if today is Tuesday or Wednesday, who can’t make his mind up,” a Clinton insider told The Daily. “She’s exhausted, tired.”

US Cost of Living Hits Record, Passing Pre-Crisis High

Published: Thursday, 17 Mar 2011 | 4:09 PM ET
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By: John Melloy
Executive Producer, Fast Money

One would think that after the worst financial crisis since the Great Depression, Americans could at least catch a break for a while with deflationary forces keeping the cost of living relatively low. That’s not the case.

A special index created by the Labor Department to measure the actual cost of living for Americans hit a record high in February, according to data released Thursday, surpassing the old high in July 2008. The Chained Consumer Price Index, released along with the more widely-watched CPI, increased 0.5 percent to 127.4, from 126.8 in January. In 

July 2008, just as the housing crisis was tightening its grip, 

the Chained Consumer Price Index hit its previous record of 126.9.

Workers try to cool Japan's overheated reactors

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Mar 17, 8:21 PM (ET)
(AP) A man walks down a nearly empty street Thursday, March 17, 2011, in Tokyo. In elsewhere in the...
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YAMAGATA, Japan (AP) - Emergency workers seemed to try everything they could think of Thursday to douse Japan's most dangerously overheated nuclear reactors: helicopters, heavy-duty fire trucks, even water cannons normally used to quell rioters. But they couldn't be sure any of it was easing the peril at the tsunami-ravaged facility.
Three reactors have had at least partial meltdowns at the Fukushima Dai-ichi nuclear plant, where wisps of white steam rose from the stricken units Friday morning. But Japanese and U.S. officials believe a greater danger exists in the pools used to store spent nuclear fuel: Fuel rods in one pool were believed to be at least partially exposed, if not dry, and others were in danger. Without water, the rods could heat up and spew radiation.
It could take days and "possibly weeks" to get the complex under control, U.S. Nuclear Regulatory Commission Chairman Gregory Jazcko said. He defended the U.S. decision to recommend a 50-mile evacuation zone for its citizens, a much stronger measure than Japan has taken.

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