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Keyword: ally

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  • Scott Walker to meet with Netanyahu during Israel trip

    05/11/2015 1:04:12 PM PDT · by Cincinatus' Wife · 10 replies
    CNN ^ | May 11, 2015 | Alexandra Jaffe
    <p>Washington (CNN)Wisconsin Gov. Scott Walker will have a fresh chance to prove his foreign policy chops with a trip to Israel this week.</p> <p>The likely Republican presidential contender said Saturday in South Carolina that he and his wife were (t)raveling to the country later that day and would meet with Prime Minister Benjamin Netanyahu during the trip.</p>
  • US Declassifies Document Revealing Israel's Nuclear Program

    03/27/2015 12:37:34 AM PDT · by Candor7 · 57 replies
    Israel National News ^ | 3/25/2015, 8:00 PM | Ari Yashar, Matt Wanderman
    In a development that has largely been missed by mainstream media, the Pentagon early last month quietly declassified a Department of Defense top-secret document detailing Israel's nuclear program, a highly covert topic that Israel has never formally announced to avoid a regional nuclear arms race, and which the US until now has respected by remaining silent. But by publishing the declassified document from 1987, the US reportedly breached the silent agreement to keep quiet on Israel's nuclear powers for the first time ever, detailing the nuclear program in great depth. The timing of the revelation is highly suspect, given that...
  • Israel Seeks an Ally in France to Oppose Iran Deal

    03/23/2015 11:11:30 AM PDT · by SJackson · 4 replies
    ABC News ^ | Mar 23, 2015 | GREG KELLER
    Unable to find support from its U.S. allies, Israel is turning to France to help head off what it sees as a bad and dangerous nuclear deal with Iran. In an interview with The Associated Press in Paris, Israeli Intelligence Minister Yuval Steinitz said Monday that dialogue with France over Iran's nuclear program "has proven in the past that it was productive" and makes this week's last-minute diplomatic mission to Paris worthwhile. France played a key role strengthening an interim agreement with Iran in late 2013 that froze key parts of the Islamic republic's nuclear program in exchange for some...
  • Clinton ally resigns in mark of infighting (David Brock)

    02/09/2015 5:12:33 PM PST · by Libloather · 17 replies
    The Hill ^ | 2/09/15 | Peter Sullivan
    Hillary Clinton ally David Brock on Monday resigned from the board of a pro-Clinton super-PAC, according to a letter obtained by Politico, accusing it of leaking information about other pro-Clinton groups. The move is a sign of fighting among the network of pro-Clinton groups, the kind of strife that plagued the Clinton campaign in 2008 but that allies were trying to avoid this time around. Brock is resigning from the board of Priorities USA Action, and his letter claims that officials there leaked information to The New York Times about the fundraising practices of two pro-Clinton groups founded by Brock:...
  • Who's Behind Efforts to Unseat Netanyahu? (U.S. State Deptmt funds anti-Bibi door-to-door campaign)

    02/05/2015 9:19:56 AM PST · by xzins · 61 replies
    CBN ^ | February 05, 2015 | Tzippe Barrow
    JERUSALEM, Israel — Some people would say Israeli Prime Minister Benjamin (Bibi) Netanyahu must be doing something right. The controversy over his March 3 address on Iran to Congress, along with the U.S. State Department's complicity in a leftist campaign to unseat him, makes it clear he angers a lot of people. What's behind the anger and the well-funded efforts to unseat him? In an op-ed published Tuesday by Arutz Sheva, Ronn Torossian, CEO of one of America's leading public relations firms, documents the history of OneVoice, an organization in the forefront of the anti-Netanyahu campaign. According to Israeli media,...
  • U.S. Seen in Middle East as Ally of Terrorists

    02/04/2015 10:12:27 AM PST · by wtd · 18 replies
    Gatestone Institute ^ | February 4, 2015 at 5:00 am | Khaled Abu Toameh
    ,li>U.S. Seen in Middle East as Ally of Terrorists Many Egyptians and moderate Arabs and Muslims were shocked to hear that the U.S. State Department recently hosted a Muslim Brotherhood delegation. They were equally shocked when an EU court decided to remove Hamas from the bloc's list of terror groups. "Just two days after the controversial visit, the Brotherhood called for a war against their fellow Egyptians." — Linda S. Heard, Middle East Expert, Gulf News. "The Muslim Brotherhood is seeking to return to the political arena through the American door and terrorist attacks. The U.S. policy appears to be...
  • Why Netanyahu is right to go around Obama to Congress

    01/26/2015 11:27:18 PM PST · by Candor7 · 14 replies
    Washington Post ^ | January 26 at 9:41 AM | Marc A. Thiessen
    ......, the Obama administration went, well, nuclear. One “senior American official” threatened Netanyahu, telling the Israeli newspaper Haaretz that “Netanyahu ought to remember that President Obama has a year and a half left to his presidency, and that there will be a price.” Meanwhile a “source close to [Secretary of State John] Kerry” told The Post that the “secretary’s patience is not infinite” and that “playing politics with that relationship could blunt Secretary Kerry’s enthusiasm for being Israel’s primary defender.” .. No wonder Netanyahu is going around these people to Congress for support. Is Kerry defending Israel as a favor...
  • Bennett: Obama Administration 'Throwing Israel Under the Bus' (Israel stronger than those who curse)

    10/29/2014 5:19:40 AM PDT · by Dave346 · 11 replies
    Arutz Sheva ^ | 10/29/2014, 4:12 AM | Elad Benari
    “The United States administration is planning to throw Israel under the bus,” Jewish Home chairman Naftali Bennett said on Tuesday night, responding to harsh words against Prime Minister Binyamin Netanyahu which were attributed to senior officials in the Obama administration. “Israel is stronger than all those who curse it,” said Bennett, after Jeffrey Goldberg of The Atlantic quoted officials in Washington as having described Netanyahu as “chickens**t”, among other things. “The prime minister is not a private individual, but the leader of the Jewish State and the Jewish world as a whole. Serious curses such as these against the Israeli...
  • 12 ways the US administration has failed its ally Israel

    06/09/2014 9:09:34 PM PDT · by Nachum · 8 replies
    Times of Israel ^ | 6/3/14 | David Horovitz
    Mere hours after Palestinian Authority President Mahmoud Abbas swore in a government backed by the Islamic extremist Hamas group, the US State Department legitimized the arrangement, declaring that it would work with the new government because it “does not include members affiliated with Hamas.” What was saddest about Washington’s insistence on accepting Abbas’s paper-thin veneer over his government’s new nature — his “technocrat” ministers were all approved by Hamas — is that it represents only the Obama administration’s latest abrogation of leadership, logic and leverage at Israel’s expense. Rather than rushing to embrace a Palestinian government in which an unreformed...
  • Egypt is no longer a US ally because America is in the wrong hands

    01/31/2014 7:29:42 AM PST · by Texas Fossil · 36 replies
    Eman Nabih ^ | January 30, 2014 | Eman Nabih
    This country, with its institutions, belongs to the people who inhabit it. Whenever they shall grow weary of the existing government, they can exercise their constitutional right of amending it, or exercise their revolutionary right to overthrow it. Abraham Lincoln.America is not the US administration who practiced all kinds of human rights violations, spying on the entire world, and using barefaced double standards policy in the Middle East region.America is not Sheikh Barrack Hussein Obama who talks About honor, principles and democracy while practicing political immorality against humanity, called Al Qaeda in Syria”freedom fighters” and conspired against Egypt’s national security...
  • Andrea Mitchell: ‘Iran Was More or Less an American Ally’ Before Bush’s ‘Axis of Evil’ Remark

    01/28/2014 4:49:41 PM PST · by Nachum · 78 replies
    Mediaite ^ | 1/28/14 | Noah Rothman
    MSNBC host Andrea Mitchell recalled on Monday some of the most impactful State of the Union addresses in the recent past, focusing primarily on George W. Bush’s post-9/11 speech in which he called North Korea, Iraq, and Iran members of an “Axis of Evil.” Mitchell ripped into Bush and former Secretary of State Colin Powell for approving that remark which alienated Iran, a country she said had been “more or less an American ally.” Washington Post reporter Chris Cillizza said that the “Axis of Evil” address was among the most important State of the Union addresses delivered in recent memory....
  • 'Gates called Netanyahu an ungrateful ally'

    01/15/2014 7:11:25 PM PST · by Nachum · 27 replies
    JPost.com ^ | 1/15/14
    'Bloomberg' column details former US defense secretary's feelings that Netanyahu was "impudent," unable to cope with growing Israeli isolation. Freshly retired US defense secretary Robert Gates was highly critical of Prime Minister Binyamin Netanyahu, calling him an ungrateful ally and blaming him for diplomatically isolating Israel and hurting American interests, a Bloomberg column revealed Tuesday. The criticism, reported in a piece by Jeffrey Goldberg, apparently peaked after Netanyahu met with US President Barack Obama last May, lecturing him in front of the cameras on the Israeli security situation with a level of "impudence" that shocked many in the White House,...
  • Knesset speaker blasts US 'hypocrisy' for refusing to free Pollard

    12/22/2013 10:12:18 AM PST · by Dave346 · 31 replies
    Jerusalem Post ^ | 12/21/2013 20:26 | Gil Hoffman, Lahav Harkov, Herb Keinon
    MKs demand Pollard's release after revelations that US conducted surveillance on former PMs Barak, Olmert. A chorus of politician from across the political spectrum called for the release of Israeli spy Jonathan Pollard on Sunday, after leaked NSA documents revealed the US has been tracking the e-mails of former Israeli leaders. Documents leaked by fomer National Security Agency (NSA) contractor Edward Snowden revealed that the United States was spying on the e-mails of former prime minister Ehud Olmert and former defense minister Ehud Barak between the years 2008-2009. Knesset speaker Yuli Edelstein (Likud Beytenu) assailed Washington for “hypocrisy,” saying that...
  • ‘US spied on Barak’s home from apartment across the street’

    12/22/2013 10:07:37 AM PST · by Dave346 · 13 replies
    Times of Israel ^ | December 22, 2013, 11:41 am | Gavriel Fiske
    This is ‘very grave if true,’ says senior MK, calling it ‘classic espionage’ that Israel would not carry out against the US US intelligence not only spied on then-defense minister Ehud Barak’s offices during 2008-2009, but also maintained an apartment opposite Barak’s primary residence for that purpose, according to a report on Sunday, which came amid new revelations of the extent of US and British intelligence activity against Israel and other allies. In 2007, Israeli intelligence noted that the US government had rented an apartment across the street from Barak’s high-rise apartment in Tel Aviv, and observed “sizable amounts of...
  • Spy-target Netanyahu uses ‘gestures’ and ‘codes’ in sensitive discussions (no phone,email,computer)

    12/20/2013 1:15:34 PM PST · by Dave346 · 31 replies
    Times of Israel ^ | December 20, 2013, 8:58 pm
    Prime minister said to hold his most important conversations in Mossad offices, where he can be sure he’s not being bugged Prime Minister Benjamin Netanyahu routinely assumes that he is being spied upon and therefore goes to extraordinary lengths to prevent his work being compromised by foreign agencies, Israeli TV reported on Friday night, in the wake of revelations that US and British intelligence services intercepted emails in his office and that of his predecessor Ehud Olmert and also spied on former defense minister Ehud Barak. Netanyahu has no computer in his office, does not use email, and does not...
  • In Pelosi, Obama Sees Vital Ally for Securing Legacy (send her your cancellation letter?)

    11/03/2013 7:09:36 AM PST · by Libloather · 7 replies
    Real Clear Politics ^ | 11/01/13 | Alexis Simendinger
    **SNIP** While raising money for House Democrats in Boston Wednesday night, the president said the minority leader from California “has just constantly surprised me by just how good, how tough, how visionary and how committed she is, and dedicated to the well-being of not just her own constituents but the American people.” Less publicly he’s described Pelosi as “tough as nails,” confiding his respect for her ability to corral votes in her conference, even when some of her Democratic members initially feel less than united.
  • The Many Costs of Obama’s Electric Car Folly

    06/26/2013 12:26:12 PM PDT · by jazusamo · 7 replies
    NLPC ^ | June 26, 2013 | Mark Modica
    It appears that there is no end in sight to the Obama Administration's costly quest to electrify America's auto fleet, despite the recent flurry of reports that continue to confirm that the benefits of electric vehicles (EVs) are practically nonexistent in comparison to the costs. One of these reports even came from Obama's own NHTSA (National Highway Traffic Safety Administration) panel which downplayed the importance of EVs and claimed that electric cars will only need to account for between one and three percent of car manufacturer's product portfolios by 2025 for lofty government EPA requirements to be met. The Autoguide.com...
  • China, France vow to promote 'multipolar' world

    04/25/2013 12:51:57 PM PDT · by Sir Napsalot · 20 replies
    AP ^ | 4-25-2013
    BEIJING (AP) -- China's President Xi Jinping and France's President Francois Hollande pledged to push for a world free of domination by any superpower Thursday as the French leader visited the Chinese capital on a mission to boost trade amid his country's worsening economic woes. Both leaders stressed their desire for a "multipolar" world that would dilute Washington's influence - though they did not mention the U.S. in their comments. "China and France are both great countries with a strong sense of independence," Xi said at a news conference, adding that the two countries would "actively promote a multipolar world...
  • Expert: U.S.Doing No Favors in Giving Israel Special Ally Status

    03/06/2013 5:03:17 PM PST · by Eleutheria5 · 12 replies
    Arutz Sheva ^ | 6/3/13 | Gil Ronen
    The U.S. is not doing Israel any favors by granting it special status as a strategic ally, according to New York based strategy expert Mark Langfan. He predicts a domino effect in which other U.S. allies in the region would collapse, if, G-d forbid, Israel does.. "Without Israel, Cyprus and Saudi Arabia are toast," Langfan told Arutz Sheva, "and they know it." "Without Israel, oil would be $1,000 a barrel. Without Israel, the US would have to fund an extra $200 billion yearly defense budget to defend southern NATO countries from a Muslim caliphate's northward tsunami." Following reports of an...
  • U.S Gives Bailed Out Cos Millions in “Shameful” Bonuses

    01/29/2013 10:13:45 AM PST · by jazusamo · 3 replies
    Judicial Watch ^ | January 29, 2013
    While American taxpayers bail out failing companies via the $700 billion Troubled Asset Relief Program (TARP), behind the scenes the Obama Treasury Department is awarding their top executives with millions of dollars in raises even though Congress passed a law forbidding it. It’s an inconceivable scheme that rewards bad behavior with big bucks from taxpayers who have no say in the matter. In fact, the U.S. Treasury was forced by Congress to create rules against it yet a new federal audit reveals the agency repeatedly violates them to enrich the very people responsible for the companies’ failures (and need for...
  • Bailed-Out Ally Financial Unit Comes Full Circle Back to GM

    11/23/2012 11:50:51 AM PST · by jazusamo · 9 replies
    National Legal & Policy Center ^ | November 23, 2012 | Mark Modica
    The final pieces are coming together in the General Motors' restructuring puzzle as the company has, not surprisingly, won its bid to repurchase government-owned Ally Financial's European and Latin American lending operations. GM was forced to spin off all but 10% of Ally Financial back when it was known as GMAC. Back in late 2008, the spigots of taxpayer money were open and GM had its cup out. In order for GM's lending arm (GMAC) to receive TARP funds, GM had to divest all but less than 10% of the company so that GMAC could be granted status as a...
  • Margaret Thatcher: Mitt Romney hails former PM as 'tower of strength'

    10/14/2012 3:04:01 AM PDT · by Cincinatus' Wife · 18 replies
    Telegraph - UK ^ | October 14, 2012 | staff
    Baroness Thatcher leaves her home in London on her 87th birthday with her son Sir Mark and his wife Sarah Photo: WARREN ALLOTT Baroness Thatcher marked yesterday's occasion by having lunch at Green's Restaurant and Oyster Bar in London's exclusive St James's district with her son Mark and his wife. Writing on Twitter, Mr Romney - the Republican challenger engaged in a close fight with Democrat Barack Obama for the White House in next month's election - said: ''The US is blessed with courageous friends. ''Happy birthday to the Iron Lady, Margaret Thatcher - a tower of strength in...
  • US lawmaker’s Bill seeks to end Pakistan’s ally status

    09/19/2012 12:16:14 PM PDT · by Jyotishi · 15 replies
    The Pioneer ^ | Wednesday, September 19, 2012 | S. Rajagopalan
    Washington: Just ahead of the arrival of Pakistan Foreign Minister Hina Rabbani Khar for talks with the Obama administration, a Republican lawmaker has moved a Bill in the House of Representatives to terminate Pakistan’s status as a “major non-NATO ally” of America. “It’s time to break with Pakistan,” Congressman Ted Poe said while introducing the bill, commenting: “At the very least, we should stop providing them the eligibility to obtain our own sophisticated weaponry in an expedited process. Too many of our own men and women have died because of Islamabad’s treachery.” Poe’s move comes close on the heels of...
  • DWS’ Anti-Israel Ally (Debbie Downer does it again)

    07/02/2012 5:29:58 PM PDT · by Nachum · 5 replies
    Washington Free Beacon ^ | 7/2/12 | Adam Kredo
    A South Florida representative to the Democratic National Committee is facing scrutiny after engaging in an anti-Israel meltdown throughout a series of leaked emails reported on by BizPacReview. The official in question is Evelyn Garcia, a Palm Beach County representative to the DNC and ally of its chair, Florida Rep. Debbie Wasserman Schultz. Garcia additionally serves as a Democratic Executive Committee member and is running to become a member of the Florida State House. Garcia’s anti-Israel tirade was sparked by her allies at Code Pink, a left-wing anti-war group that regularly decries the power of the so-called “pro-Israel lobby,” which...
  • Berkshire Hathaway offers to buy ResCap (fmr GMAC) unit

    06/12/2012 10:09:50 AM PDT · by TopDeadCenter · 1 replies
    Yahoo ^ | 12-June-2012 | JOSH FUNK
    Ally, which is 74 percent owned by the U.S. government, makes loans to GM and Chrysler customers and finances dealer inventories. The government first bailed out the company, then known as GMAC Inc., in late 2008 as part of the Bush administration's aid to the auto industry. The Obama administration provided additional funding in May and December 2009. ResCap had been a drain on Ally's finances for years, struggling to make payments on its heavy debt ever since the bottom fell out of the U.S. housing market in 2007. In regulatory filings before the bankruptcy, Ally said that deterioration in...
  • Ally's ResCap Unit Files Chapter 11 (Still Owes $7.2Bil In TARP!)

    05/14/2012 6:59:31 AM PDT · by tcrlaf · 7 replies
    WSJ ^ | 4-14-12 | Andrew Johnson
    <p>Ally Financial Inc.'s troubled mortgage subsidiary filed for Chapter 11 bankruptcy early Monday, potentially paving the way for Ally to sever itself from substantial litigation that has been a drag on its other operations and prevented it from repaying the remainder of its government bailout.</p>
  • Treasury Would Support Bankruptcy Of (Gubment-Owned GMAC/)Ally's ResCap Unit-Official

    05/07/2012 1:18:07 PM PDT · by tcrlaf · 3 replies
    NASDAQ ^ | 5-7-12 | Alan Zibel and Andrew R. Johnson
    The U.S. Treasury Department has agreed to support a bankruptcy filing for the struggling home-loan unit of government-owned lender Ally Financial Inc., if the company chooses to take that route, an official said Monday. A bankruptcy filing for Ally's subsidiary, Residential Capital, has been widely expected in the coming weeks, when the unit faces more than $300 million of bond-related payments. It recently missed a $20 million bond-interest payment, which has a grace period until May 17. ResCap, once one of the largest subprime-mortgage lenders in the country, has been a drag on Ally, which halted plans for an initial...
  • Citibank, 3 others fail Fed stress test; 15 pass (GMAC/ALLY Failed, Too)

    03/13/2012 1:43:26 PM PDT · by tcrlaf · 19 replies
    AP ^ | 3-13-12 | MARTIN CRUTSINGER
    WASHINGTON (AP) — The Federal Reserve says four major banks failed to show they have enough capital to survive another serious downturn. The list includes Citigroup, the nation's third-largest bank. The Fed says 15 of 19 major banks passed the stress test. The Fed noted that all of the banks have built up their capital reserves since the 2008 financial crisis. SunTrust and Ally Financial also failed the test.
  • Obama Ally Won't Release Alinsky Tape

    03/05/2012 8:01:57 PM PST · by Nachum · 29 replies
    Big Government ^ | 3/5/2012 | Ben Shapiro
    Sources inform Breitbart.com today that Pam Dickler, director of the 1998 production of The Love Song of Saul Alinsky in Chicago that included a panel discussion featuring then-State Sen. Barack Obama, has a video tape of the play. And she won’t release it. “There is only one archive tape of the play and I have it,” Dickler informed our source. “It is not in Chicago.” Dickler told our source that she doesn’t believe she’s ever watched the tape, and she doesn’t know if it “can be viewed.” But she added: “No one is going to see the tape.”
  • Rick Perry appears at the Republican Jewish Coalition 2012 Presidential Candidates Forum

    12/23/2011 1:39:38 AM PST · by Cincinatus' Wife · 15 replies · 1+ views
    Washington Times ^ | December 23, 2011 | Eric Golub on Gov. Rick Perry
    LOS ANGELES, December 23, 2011--At the Republican Jewish Coalition 2012 Presidential Candidates Forum, Texas Governor Rick Perry offered a heartfelt speech about his love for Israel. The Republican Jewish Coalition is a sophisticated audience, and they want to hear about a wide range of issues beyond Israel. Yet Israel was virtually the entire focus of Governor Perry's remarks. In his case, it was not pandering. As a devout Evangelical Christian, Governor Perry is a true believer. He loves Israel, and will crack down hard on those who try to hurt the Jewish state. His entire remarks are below. [snip] Whether...
  • Panetta Warns Israel on Consequences of Iran Military Strike

    11/18/2011 6:43:09 PM PST · by Tulsa Ramjet · 31 replies
    Foxnews.com ^ | NOV 18, 2011 | Jennifer Griffin
    Defense Secretary Leon Panetta said ahead of a meeting Friday with Israeli Defense Minister Ehud Barak that he would warn his Israeli counterpart about the global economic consequences of a military strike on Iran's nuclear program, adding that he still favors sanctions and diplomacy over a strike.
  • Biden to US Jews: Israel is our dearest ally

    10/05/2011 9:07:55 PM PDT · by Nachum · 25 replies · 1+ views
    Ynet News ^ | 10/11/11 | Yitzhak Benhorin
    US vice president hosts Jewish leaders, political rivals for Rosh Hashana toast, says 'Israel is America's closest, dearest, most morally-based friend' WASHINGTON – At an annual event held at the US Vice President's residence in honor of the Jewish New Year, US Vice President Joe Biden said that "Israel is America's closest, dearest, and most morally-based friend". Biden added that there is no alternative to America's commitment to Israel. Among the guests present at the event were Biden's political rivals from the Republican Party, such as House Majority Leader Rep. Eric Cantor, as well as leaders of the American Jewish...
  • Netanyahu praises U.S. as champion of freedom, and ally of Israel (4th of July celebration)

    07/04/2011 8:40:46 PM PDT · by Texas Fossil · 8 replies
    Bibi Report ^ | Thursday, June 30, 2011 | Prime Minister Benjamin Netanyahu
    Prime Minister Benjamin Netanyahu praised the United States as a champion of freedom and a great ally of Israel in his address to the annual Fourth of July celebration at the U.S. ambassador's residence in Tel Aviv Thursday night. Netanyahu recounted the history of the American Revolution 235 years ago, saying that many of the ideas that fueled the U.S. struggle for independence are applicable to nationalist aspirations today, particularly in the Middle East. The prime minister lauded the United States for its unwavering commitment to freedom, saying “never in history has there ever been a nation so concerned with...
  • Ally Financial bets on risky subprime car loans (here we go again!)

    06/01/2011 1:37:02 AM PDT · by Daisyjane69 · 64 replies
    Reuters ^ | 5/31/11 | David Henry
    (Reuters) - Ally Financial Inc, the United States' largest maker of car loans, hopes that people have forgotten the time when "subprime" became a synonym for "disaster." Ally, once known as GMAC Financial Services, is getting ready to go public this year, and is making the case that subprime loans for used car buyers are not about to produce the same results that they did in the housing market a few years ago -- a near-collapse of the financial system. Auto loans performed relatively well during the downturn, and demand for cars is up, so auto lending is one of...
  • Obama administration is divided over future of U.S.-Pakistan relationship

    05/15/2011 7:49:51 AM PDT · by TigerLikesRooster · 15 replies
    WP ^ | 05/15/11 | Karen DeYoung and Karin Brulliard
    Obama administration is divided over future of U.S.-Pakistan relationship By Karen DeYoung and Karin Brulliard, Sunday, May 15, 9:44 AM Two weeks after the death of Osama bin Laden, the Obama administration remains uncertain and divided over the future of its relationship with Pakistan, according to senior U.S. officials. The discovery of the al-Qaeda leader in a city near Pakistan’s capital has pushed many in the administration beyond any willingness to tolerate Pakistan’s ambiguous connections with extremist groups. After years of ineffective American warnings, many U.S. officials are concluding that a change in policy is long overdue. Those warnings are...
  • U.S. Soldier Awarded German Silver Cross of Honor

    04/27/2011 4:36:22 PM PDT · by SandRat · 8 replies
    ISAF Joint Command - Afghanistan ^ | U.S. Army Sgt. Sean Harriman
    Regional Command NorthStory by U.S. Army Sgt. Sean Harriman4th Combat Aviation Brigade Public Affairs Office BALKH, Afghanistan (April 27, 2011) – An American soldier holds the rare distinction of wearing a German Silver Cross of Honor for his actions in coordinating medical evacuation of casualties after a February terrorist attack in northern Afghanistan. German Maj. Gen. Markus Kneip, commander of Regional Command - North, Afghanistan, presented U.S. Army Maj. Robert Federigan, medical operations officer, Headquarters Headquarters Company, 4th Combat Aviation Brigade, 4th Infantry Division, International Security Assistance Force, with the Silver Bundeswehr (German military) Cross of Honor for outstanding...
  • 56% Still Consider Israel a U.S. Ally

    11/05/2010 12:18:48 PM PDT · by Nachum · 12 replies
    Rasmussen Reports ^ | 11/5/10 | Staff
    Most voters still view Israel as one of America's leading allies. A new Rasmussen Reports telephone survey of Likely U.S. Voters finds that 56% think of Israel as an ally, while just three percent (3%) view the country as an enemy to the United States. Thirty-six percent (36%) think Israel is somewhere in between an enemy and an ally of the United States. (To see survey question wording, click here.) Those numbers remain little unchanged from August when 60% felt that way. That same month, however, Americans ranked Israel third on a list of 12 nations in the news, behind...
  • Fannie, Freddie Overhaul Could Cost $685 Billion

    11/04/2010 11:13:59 AM PDT · by Fred · 12 replies · 1+ views
    WSJ ^ | 110410 | NICK TIMIRAOS
    The total cost to rescue and then overhaul mortgage giants Fannie Mae and Freddie Mac could reach $685 billion, according to estimates published Thursday by Standard & Poor's. Fannie and Freddie have already cost taxpayers nearly $134 billion, but S&P analysts said Thursday that the government could ultimately be forced to inject $280 billion into the firms because of a slowdown in the housing market. Any entities that might replace Fannie and Freddie would need new start-up funding that would go beyond the money already committed. A consensus of academics, industry officials and investors has coalesced around the idea of...
  • US Stocks Retreat; Foreclosure Concerns Drag Down Financials - GET READY FOR TARP 2!!!

    10/14/2010 2:00:56 PM PDT · by Fred · 10 replies
    WSJ ^ | 101410 | Kristina Peterson and Steven Russolillo
    NEW YORK (Dow Jones)--U.S. stocks closed modestly lower Thursday as investors retreated from financials because of concerns over banks' foreclosure practices. The Dow Jones Industrial Average fell 1.51 points, or 0.01%, to 11094.6, snapping a four-session winning streak in a day of choppy trading. Financials led the Dow's declines. Bank of America dropped 69 cents, or 5.2%, to 12.60 and J.P. Morgan Chase fell $1.12, or 2.8%, to $38.72. Both are among the wave of banks reviewing their foreclosures after temporarily suspending evictions due to concerns over "robo signers," who approve hundreds of foreclosure documents a day. Among other banks...
  • Foreclosure Fraud: How You Can Be Driven to Default Even if You Pay On Time

    10/13/2010 1:17:11 PM PDT · by Fred · 43 replies
    CBS MoneyWatch ^ | 101310 | Jane Bryant Quinn
    The new, 49-state investigation into foreclosure frauds comes as no surprise to people who follow the mortgage service business. Shoddy, deceptive paperwork has plagued homewowners for years. In the industry’s slimy underside, firms push borrowers into default and foreclosure, even when they’ve been making payments on time. Their business model makes defaults profitable, says Marie McConnell who has been auditing mortgages for 24 years. The ugly chain of deception starts with the way the servicers handle your escrow account. A mortgage service company collects your monthly payments, deducts a fee, and passes the remainder to the investors who own the...
  • The Great Mortgage Mystery

    10/08/2010 3:28:48 PM PDT · by Palter · 73 replies · 2+ views
    WSJ ^ | 08 Oct 2010 | Brett Arends
    The big question from the mortgage meltdown isn't why so many distressed homeowners are defaulting on their loans. It's why any of them are still making payments. In the worst-hit areas millions have no equity left, and little hope of seeing any anytime soon. The market value of their homes is far below the size of the mortgage. If they just stop paying, what is going to happen to them? In many cases they may get to live in the home rent-free for months, even years, until the bank gets around to seizing it. If Frank Abagnale—the con man played...
  • Here It Comes: Title Insurance Problems

    09/30/2010 10:26:19 PM PDT · by Future Useless Eater · 29 replies
    The Market Ticker ^ | September 30, 2010 | Karl Denninger
    Now we got trouble.I am in receipt of a copy of a bulletin from Old Republic Title in which it states: The Company will not insure title to any property which has been foreclosed by Ally Financial, Ally Bank or GMAC until further notice. Oops.I suspect this is going to spread fast, given that this "wee problem" is NOT specific to GMAC and Ally.  In fact, JP Morgan/Chase has reported "similar discrepancies", and then today we had my report on a ruling from a court in which a counterfeit summons was issued not by the court, but by a...
  • President’s ally: Expectations were set too high after Obama's 2008 election (McCaskill RAT-MO)

    07/19/2010 4:42:48 PM PDT · by Libloather · 24 replies
    The Hill ^ | 7/16/10 | J. Taylor Rushing
    President’s ally: Expectations were set too high after Obama's 2008 electionBy J. Taylor Rushing - 07/16/10 06:00 AM ET President Obama is suffering from expectations set too high by the historic presidential election of 2008, one of his closest allies in the Senate said Thursday. In an interview with The Hill, Sen. Claire McCaskill (D-Mo.) blamed unrealistic expectations for Obama’s dismal poll numbers, which have Democrats worried about a defeat at the polls in November’s midterm elections. “The bar for change was set inordinately high by the tone of the presidential campaign,” said McCaskill, an early supporter of Obama’s who...
  • Afghanistan wants to be designated a significant U.S. ally

    05/11/2010 6:55:16 PM PDT · by Bad~Rodeo · 7 replies · 347+ views
    Los Angeles Times ^ | May 12, 2010 | David S. Cloud, Julian E. Barnes and Paul Richter
    Afghan President Hamid Karzai and his advisors are pressing the Obama administration to designate Afghanistan as a significant U.S. ally and to draft a new security agreement, requests that have made this week's White House meetings particularly delicate. A senior Afghan official said that both objectives reflect Karzai's desire to use his visit to Washington to lay the groundwork for a closer, long-term security relationship with Washington. Afghan officials are particularly interested in the "major non-NATO ally" designation, a status enjoyed by Japan, Australia, South Korea, Israel and other strategically important countries outside Europe. The designation brings with it access...
  • Petraeus: Israel vital strategic ally

    04/14/2010 1:38:03 PM PDT · by Nachum · 7 replies · 295+ views
    jpost.com ^ | 4/14/10 | staff
    US general reiterates "insignificant progress" in ME peace process. US Gen. David Petraeus reiterated Tuesday that "Israel is - has been, is and will be a - an important strategic ally of the United States." In an address to Washington based think tank the "Woodrow Wilson Center," Petraeus, commander of the US military’s Central Command, said reports claiming that he was seeking to relocate both Israel and Palestinian Territories from the European Command to his Central Command were “not correct".
  • Mullen: No 'Knockout Punch' in Iraq, Afghanistan (Isn't that what Bush said?)

    03/04/2010 4:14:18 AM PST · by tobyhill · 1 replies · 236+ views
    fox news ^ | 3/4/2010 | AP
    The chairman of the Joint Chiefs of Staff said Wednesday that victory in Iraq and Afghanistan won't come in one glorious battle. Instead, Adm. Mike Mullen told a Kansas State University audience, success in the long wars will be determined by use of military and diplomatic powers, along with support from U.S. allies. Mullen said there won't be a day when commanders "stand up and say 'That's it, it's over. We won."' "We will win, but we will do so only over time and only after near-constant reassessment and readjustment," Mullen said. "Quite frankly, it will feel a lot less...
  • Consumers Beware: Ally Bank is GMAC

    11/05/2009 11:32:10 AM PST · by jazusamo · 7 replies · 647+ views
    NLPC ^ | November 5, 2009 | Peter Flaherty
    Who knew? Ally Bank is running all those TV ads belittling the “fine print” used by other banks. But as the Wall Street Journal detailed on Tuesday, the ads do not disclose that Ally is a unit of troubled GMAC  Financial Services, the former financing arm of GM, now seeking its third multi-billion taxpayer  bailout.Ally had been offering some of the highest CD interest rates in the nation until federal bank regulators pressured Ally to reduce them. Lower rates are one thing but there is another compelling consideration when shopping CD rates. When you deposit your money with Ally, you...
  • Obama Lights White House Diwali Lamp

    10/16/2009 10:55:54 PM PDT · by SupplySider · 58 replies · 2,516+ views
    The Washington Post ^ | 10/15/09 | Aseem Shukla
    The Dow Jones reached a significant milestone yesterday, and news outlets were abuzz with excitement. Olympia Snowe's vote for the Baucus bill was plenty fodder for the 24-hour news cycles. But, for Hindus, Sikhs, Jains and Buddhists in the United States, an epochal event transpired at the White House afternoon that should not slip notice. Lead me from Untruth to Truth. Lead me from darkness to light. Lead me from death to immortality. (from the Brhadaranyaka Upanishad -- I.iii.28) As the ethereal sounds of a Hindu priest's chanting of this Sanskrit prayer from ancient Hindu scripture filled the East Room,...
  • Obama burning bridges: Why Israel soon will not be our ally.

    07/25/2009 3:18:47 PM PDT · by thedmasterr · 16 replies · 1,048+ views
    My Uncommon Sense ^ | Saturday July 25th, 2009 | Jedidiah Bressman
    Since its creation, Israel has been one of America’s greatest allies and visa-versa. America has provided Israel with much of their defenses and armory. In return Israel has provided America with a place for democracy in the Middle East. In the past, there have been instances where the relationship has been tested. For instance, Jimmy Carter blamed the Israelis (Jews especially) for every single problem in the Middle East and that Israel should be two states with a Muslim Majority. Carter even went as far as to write a book called ‘Palestine: Peace Not Apartheid’ which, as you may have...
  • U.S. to abandon Israel

    12/31/2008 7:06:25 PM PST · by tedbel · 198 replies · 7,252+ views
    ISRAPUNDIT ^ | Dec 31/08 | Ted Belman
    U.S. Intelligence Official about Israel: "This is just the beginning". U.S. Intelligence official "breaks silence" on Israel situation"Homeland Security 31 December 2008: Northeast Intelligence Network director Doug Hagmann interviewed a highly-placed U.S. intelligence official late yesterday who not only confirmed rumors about escalated and more intensive Israeli military operations against the Muslim terrorists in Gaza, [but] warned of the increasing probability of abandonment of Israel by the U.S. and other Western countries based on what he termed "malicious intelligence.""Remember that term," advised this well-placed intelligence official, "you'll be hearing it again." "This is just the beginning," stated this intelligence official,...