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Keyword: economicterrorism

Brevity: Headers | « Text »
  • Obamacare may need a taxpayer bailout: Ex-HHS head

    11/19/2013 7:53:41 AM PST · by Red in Blue PA · 53 replies
    The rollout of Obamacare has been "absolutely chaotic," said Tommy Thompson, who served as U.S. Health and Human Services secretary under George W. Bush. But worse, he added, the new law is flawed and needs dramatic changes. "It's actuarially unsound," the former Republican governor of Wisconsin said on CNBC's "Squawk Box" on Tuesday. "If you don't have the healthy young people involved, ... Obamacare cannot function. It's going to require a huge infusion of tax dollars or huge cuts." One of the cornerstones of the new health-care law is that healthy young people will pay for medical insurance that they...
  • Paulson claims Russia tried to foment Fannie-Freddie crisis

    01/29/2010 4:06:54 PM PST · by lwd · 30 replies · 1,289+ views
    Financial Times ^ | Published: January 29 2010 21:06 | By Krishna Guha in Washington
    Russia proposed to China that the two nations should sell Fannie Mae and Freddie Mac bonds in 2008 to force the US government to bail out the giant mortgage-finance companies, former US Treasury secretary Hank Paulson has claimed. The allegation is in his memoir On the Brink in which he also suggests that Alistair Darling, the UK chancellor, blocked a rescue takeover of Lehman Brothers by Barclays Bank when he refused to support special treatment by UK regulators. “Russian officials had made a top-level approach to the Chinese, suggesting that together they might sell big chunks of their GSE holdings...
  • Secret Weapon - How Economic Terrorism Brought Down the US Stock Market

    01/17/2012 8:02:21 AM PST · by al_c · 38 replies · 2+ views
    http://secretweapon.org/ ^ | Kevin D. Freeman
    Who’s Really To Blame For America’s Catastrophic Financial Meltdown And Devastating National Recession? Contrary to what the “Occupy Movement” might tell you, it’s not greedy Wall Street executives. No, as one of America’s top financial professionals reveals in this shocking new book, the real culprit is economic warfare, with our foreign enemies exploiting our lurking financial weaknesses. In Secret Weapon, Kevin D. Freeman unveils how all the evidence – including motive, means, and opportunity – points to America’s foreign enemies as deliberately pushing our economy over the brink. In this stunning expose, Freeman reveals: * The evidence linking Communist China...
  • Soros Army Launches Wall Street Assault

    10/23/2011 12:03:37 PM PDT · by drewh · 28 replies
    World Net Daily ^ | Posted: October 23, 2011 12:00 am Eastern | By Aaron Klein
    MoveOn.org is planning to launch a protest movement of its own to compliment the Occupy Wall Street momentum with the stated goal of "make[ing] Wall Street pay" and rebuilding the entire U.S. financial system. MoveOn.org is funded by the George Soros-funded Tides Foundation. Another grantee of Tides is the Adbusters magazine, which is reported to have come up with the Occupy Wall Street idea after Arab Spring protests toppled governments in Egypt, Libya and Tunisia. The new MoveOn.org Wall Street campaign serves as further evidence suggesting the anti-Wall Street movement is a well-planned campaign and not the spontaneous uprising its...
  • Cheering Economic Terrorism- SEIU Getting Ready To Terrify DC: Steven Lerner

    10/05/2011 7:59:03 AM PDT · by Beckett08 · 87 replies
    The Blaze ^ | 10/05/2011
    Cheering Economic Terrorism – SEIU Getting Ready to ‘Terrify’ DC: Stephen Lerner at SIEU Meeting Outlines Rules for Creating a Crisis — We Want Their Kids to Hate Them, Name Enemies Like Glenn Beck, Shut Down Bridges, Long Occupations, Recruit Tea Party
  • CBS: Obama says he cannot guarantee Social Security checks will go out on August 3

    07/12/2011 10:45:43 AM PDT · by tcrlaf · 376 replies
    CBS NEWS ^ | 7-12-11 | Corbett Daily
    President Obama on Tuesday said he cannot guarantee that retirees will receive their Social Security checks August 3 if Democrats and Republicans in Washington do not reach an agreement on reducing the deficit in the coming weeks. "I cannot guarantee that those checks go out on August 3rd if we haven't resolved this issue. Because there may simply not be the money in the coffers to do it," Mr. Obama said in an interview with CBS Evening News anchor Scott Pelley, according to excerpts released by CBS News.
  • As The US "Reaches The Keynesian Endpoint" - The QE2 Ponzi Scheme Is "Nothing But A Profit Illusion"

    04/26/2011 5:01:00 PM PDT · by Kartographer · 19 replies
    ZeroHedge.com ^ | 4/26/11 | Tyler Durden
    "Just as Charles Ponzi needed donuts to turn back a suspicious crowd of investors, the Fed needs “donuts” in order to fill the bellies of the literally millions of investors worldwide who worry about the alarmingly large U.S. budget deficit and the impact that the U.S. debt dilemma could have on their Treasury holdings...Their collective buying has created what we believe to be a profit illusion with many investors mistakenly believing they can continuously reap profits from perpetually falling bond yields and rising bond prices, just as they have had opportunity to do over the past 30 years, amid the...
  • Wisconsin Unions Get Ugly

    04/01/2011 5:37:26 AM PDT · by Wpin · 44 replies
    The Wall Street Journal ^ | April 1st, 2011 | Editorial staff Wall Street Journal
    Having lost their fight in the legislature, Wisconsin unions are now getting out the steel pipes for those who don't step lively to their cause. A letter we've seen that was sent to businesses in southeastern Wisconsin shows that Big Labor's latest strategy is to threaten small businesses with boycotts if they don't publicly declare their support for government union monopoly power. Dated March 28, 2011, the letter is addressed to "DEAR UNION GROVE AREA BUSINESS OWNER/MANAGER," in Racine County. And it begins with this warm greeting: "It is unfortunate that you have chosen 'not' to support public workers rights...
  • Organizing for Revolution: The Final ‘Push’ To Transform America

    03/23/2011 12:21:49 PM PDT · by callisto · 56 replies
    David Horowitz's NewsReal ^ | March 23, 2011 | Liz Blaine
    “A revolution is an insurrection, an act of violence by which one class overthrows another.” ~ Mao We are currently in the midst of a battle for the heart and soul of America. This war is being waged at our schools, the workplace and in our communities. States struggling to moderate impossible debt and balance budgets are examining ways to free themselves from the fiscal and political shackles imposed by labor unions whose exorbitant pensions and benefits comprise the bulk of their debt. With the economy tanking and the fight over public union benefits and collective bargaining spreading across the...
  • The Left's Economic Terrorism Playbook:

    03/22/2011 6:27:21 PM PDT · by Beave Meister · 5 replies
    From The Blaze: Revealed The Left's Economic Terrorism Playbook: The Chase Campaign for a Coalition of Unions, Community Groups, Lawmakers and Students to Take Down US Capitalism and Redistribute Wealth & Power
  • Revealed The Left’s Economic Terrorism Playbook

    Revealed The Left’s Economic Terrorism Playbook: The Chase Campaign for a Coalition of Unions, Community Groups, Lawmakers and Students to Take Down US Capitalism and Redistribute Wealth & Power
  • CAUGHT ON TAPE: Former SEIU Official Reveals Secret Plan To Crash Stock Market

    03/22/2011 12:38:29 PM PDT · by Ballygrl · 78 replies
    Business Insider ^ | 3/22/11 | Henry Blodget
    CAUGHT ON TAPE: Former SEIU Official Reveals Secret Plan To Destroy JP Morgan, Crash The Stock Market, And Redistribute Wealth In America A former official of one of the country's most-powerful unions, SEIU, has a secret plan to "destabilize" the country. The plan is designed to destroy JP Morgan, nuke the stock market, and weaken Wall Street's grip on power, thus creating the conditions necessary for a redistribution of wealth and a change in government. The former SEIU official, Stephen Lerner, spoke in a closed session at a Pace University forum last weekend. The Blaze procured what appears to be...
  • Glenn Beck reveals the Left’s Economic Terrorism Playbook: THE CHASE CAMPAIGN

    03/22/2011 8:44:34 AM PDT · by patriotgal1787 · 70 replies
    The Radio Patriot ^ | Mar. 22, 2011 | Andrea Shea King
    . . . . .NOTE:  This post will be constantly updated with more details throughout the Glenn Beck radio program.  Glenn has announced that copies of this have been delivered to JP Morgan Chase, the FBI, and the Justice Department.[youtube=http://www.youtube.com/watch?v=RvlvejSxBVQ&feature=player_embedded] "Steven Lerner, reported to have visited the White House on at least four separate occasions, formerly of SEIU and the architect of the SEIU's groundbreaking Justice for Janitors campaign.  He led the union's banking and finance campaign and has partnered with unions and groups in Europe, South American and elsewhere in campaigns to hold financial institutions accountable. As director of...
  • Glenn Beck Now !! Unions Preparing to Collapse Economy in May (25 minute tape)

    03/22/2011 6:18:22 AM PDT · by Scythian · 253 replies
    This could be the most important story of this decade.
  • EXPOSED: Former SEIU Official’s Alleged Plan To Destroy America’s Economy?

    03/22/2011 9:36:49 AM PDT · by Stoutcat · 23 replies · 1+ views
    Grand Rants ^ | 03-22-11 | Gerry Ashley
    For those of you who have thought conservatives have been over-reacting to Barack Obama’s ongoing tied-at-the-hip relationship to unions – specifically – SEIU: Sit down, shut up and LEARN! It’s an event that will undoubtedly cause Eric Holder to have to bury his head at least 2 feet below “See-level” (using union thugs to shield him, no doubt). According to Business Insider, The Blaze and Glenn Beck, former SEIU officer Steve Lerner has been caught on audio tape (recorded at in a closed session at a Pace University forum last weekend) detailing a secret plan that is designed to: o...
  • Former SEIU Official Reveals Secret Plan To Destroy JP Morgan, Crash

    03/22/2011 9:21:01 AM PDT · by driftdiver · 42 replies
    Business Insider ^ | March 22, 2011 | Henry Blodget
    FULL Title - Former SEIU Official Reveals Secret Plan To Destroy JP Morgan, Crash The Stock Market, And Redistribute Wealth In America A former official of one of the country's most-powerful unions, SEIU, is detailing a secret plan to "destabilize" the country. Specifically, the plan seeks to destroy JP Morgan, nuke the stock market, and weaken Wall Street's grip on power, thus creating the conditions necessary for a redistribution of wealth and a change in government. The former SEIU official, Stephen Lerner, spoke in a closed session at a Pace University forum last weekend.
  • Was financial meltdown the result of economic terrorism ?

    03/01/2011 6:34:22 PM PST · by RobinMasters · 34 replies
    Hot Air ^ | March 01, 2011 | ED MORRISSEY
    Pajamas Media gives an exclusive look at an analysis prepared for the Department of Defense’s Irregular Warfare Support Program (IWSP) by Cross Consulting and Services in 2009 that alleges that the economic meltdown in 2008 was no accident. Kevin Freeman argued that a run-up of speculation by sovereign-wealth funds created a bubble in the oil industry that allowed bear raids on American financial institutions, using credit swaps and other non-regulated investment instruments to crash the US financial system. Bill Gertz reported on the analysis today for the Washington Times: Evidence outlined in a Pentagon contractor report suggests that financial subversion...
  • A Christian Business in the Left's Crosshairs

    02/02/2011 4:57:38 AM PST · by Kaslin · 31 replies
    Townhall.com ^ | February 2, 2011 | Michelle Malkin
    Here's a modest proposal for liberals who say they support job creation: Stop smearing successful, law-abiding private companies whose values don't comport with yours. I'm looking at you, New York Times. Chick-fil-A is an American success story. Founded by Georgian entrepreneur Truett Cathy in 1946, the family-owned chicken-sandwich chain is one of the country's largest fast-food businesses. It employs some 50,000 workers across the country at 1,500 outlets in nearly 40 states and the District of Columbia. The company generates more than $2 billion in revenue and serves millions of happy customers with trademark Southern hospitality. So, what's the problem?...
  • Financial Terrorism? You decide.

    01/24/2010 5:44:31 PM PST · by Wisconsinlady · 23 replies · 972+ views
    The Market Ticker ^ | 01/24/10 | Karl Denninger
    One has to wonder: Did our economy fall down the stairs or was it pushed? Three questions remain: Is not a threat to destroy financial markets along with acting intentionally and directly opposite what you claim needs to happen an act of financial terrorism? If it is an act of financial terrorism, why has it been ignored for more than a year instead of leading to a full investigation and hearing in front of a Grand Jury? And finally, is the same thing happening - this time hidden because we can no longer see Federal Reserve liquidity actions in the...
  • Flying Imams Victory

    10/26/2009 5:35:43 PM PDT · by Kaslin · 23 replies · 994+ views
    IBD Editorials ^ | October 26, 2009 | INVESTORS BUSINESS DAILY Staff
    Homeland Security: A suspect Islamist group is gloating that a cash settlement in the so-called Flying Imams case is a "victory for civil rights." If it's a victory, it's one for future hijackers. Three years ago, six Islamic clerics sued US Airways and Minneapolis airport police for discrimination and false arrest after they were bounced from a Phoenix-bound flight for behaving much like the 9/11 hijackers. Some yelled "Allah, Allah, Allah," and changed their seats while asking for seat belt extensions they never used. Though situated throughout the cabin, the six men appeared to be acting in concert. Witnesses also...
  • LINK TO: United Airlines passengers removed from flight at Denver airport. (United Flight 227)

    12/12/2009 5:14:08 AM PST · by cyn · 89 replies · 3,398+ views
    9news.com | 12.12.2009 | cyn
    United Airlines passengers removed from flight at Denver airport This is a news story and video interview done by Chris Vanderveen of 9news about United Airlines Flight 227, which was detained at Denver International Airport yesterday. Police officers and FBI were called to the scene. The video at the side gives more info, including passenger interviews. ALSO SEE: Hmmm . . . Yet Another Dry Run?: United 227 Sounds Just Like AirTran 297 ----------- Clearly there is a pattern of such incidents; note similarities to what we are now finding out about Airtran flight 297 Annie Jacobsen's ordeal on Northwest...
  • Henry Paulson Bears a Close Watch (an early warning about the TARP extortionist)

    09/01/2009 4:39:37 PM PDT · by unspun · 14 replies · 1,233+ views
    National Review Online ^ | June 28, 2006 | Frank Gaffney Jr.
    June 28, 2006, 7:12 a.m. Bears a Close WatchChina knows our next Treasury secretary well. By Frank Gaffney Jr. As the Senate Finance Committee considers President Bush’s nomination of Henry Paulson to be the next secretary of the Treasury, the question is not whether he will be confirmed. That seems assured, as senators in both parties behave like star-struck groupies in the presence of a Wall Street “master of the universe,” whose net worth, from his time as a senior executive of Goldman Sachs, is estimated to be on the order of $600 million. Rather, the question is: Will any...
  • In California, mortgage scammers find easy pickings

    07/08/2009 12:03:27 AM PDT · by nickcarraway · 11 replies · 1,092+ views
    Los Angeles Times ^ | July 5, 2009 | Jessica Garrison
    As foreclosures climb, so does fraud by schemers preying on desperate homeowners hoping to modify their loans. State investigators have 750 open cases -- up from just 10 a year ago. Maricela Castellanos sat at her desk, the telephone pressed to her ear, a chill running through her body. A representative from her mortgage company was on the line with troubling information about the loan on Castellanos' Hesperia home. No one at the company had previously been in contact with her, Castellanos recalled the man saying. The bank had no record of a new loan agreement with her, he...
  • House blocks funding for Tongass roads ( and likely soon everywhere on public lands )

    06/28/2007 6:29:16 PM PDT · by george76 · 16 replies · 551+ views
    JUNEAU EMPIRE ^ | June 28, 2007 | BRITTANY RETHERFORD
    Don Young calls measure 'terrorism,' proposes selling forest to Alaska. The U.S. House of Representatives has limited federal spending on logging roads in the Tongass National Forest... part of the 2008 Interior appropriations bill. It now goes to the Senate. If the amendment is approved, it would block spending on roads constructed for use by private companies for logging operations. This is the fourth time that Reps. Steven Chabot, R-Ohio, and Robert Andrews, D-N.J., the measure's co-sponsors, have tried to curb the spending program, which has been described as a federal subsidy for the private logging industry. "To call them...
  • Economic Terrorism: Extremists 'Use' Market Speculators For Impact

    08/12/2005 10:30:51 AM PDT · by jmc1969 · 18 replies · 680+ views
    Radical Islamists, in their terrorist onslaught against the West, may not possess the capacity to wreak financial havoc by operating directly on the stock-exchanges of New York, London and elsewhere - but they do know how to make market speculators do the job for them. "Economic terrorism consists of carefully selecting targets for violent attacks, knowing that these will provoke shock, followed by a wave of speculation on the world markets Oil prices have hit record highs this week, prompting some analysts to suggest that, the phenomenon, is being orchestrated by Jihadists who are seeking to reduce oil supplies to...
  • Drudge claim: hackers altered DJIA on major web sites.

    10/08/2003 8:06:42 PM PDT · by LinuxRocks · 51 replies · 272+ views
    http://www.drudgereport.com ^ | 10/08/2003 | Drudge Report
    Major headline on Drudge claims that hackers altered DJIA on major web sites. My Dad called me after making the same observation on several websites. It appeared that the DJIA was in the 8400 range and had dropped roughly 1200 points. The incorrect value appeared on the CNBC website, Quicken.com, and on MSNBC's site. The value has been corrected. Were hackers responsible for this? Is there some political motive here?
  • California: Forest Fire North of Azusa Grows to More than 14,000 Acres

    09/03/2002 8:05:44 AM PDT · by dogbyte12 · 48 replies · 772+ views
    MSNBC ^ | 9-3-02
    AZUSA, Calif., 7:52 a.m. PDT September 3, 2002 - A wildfire in the San Gabriel Mountains that forced people to flee campgrounds over the Labor Day weekend has grown to 14,429 acres, officials said Tuesday. The blaze, which started Sunday afternoon about 30 miles northeast of Los Angeles, was 5 percent contained, said Linda Steinberg, a spokeswoman for the U.S. Forest Service. It was expected that the wildfire would be fully contained by Sept. 10, Steinberg said.
  • Judge orders Pacific Lumber to stop logging

    09/01/2002 6:37:48 AM PDT · by madfly · 21 replies · 290+ views
    Redding.com/Sierra Times ^ | Aug. 31, 2002 | AP
    POLE POSITION: Gary Hererra, a "pond jumper" at Pacific Lumber Co.'s mill in Scotia, pushes logs through a water canal in this photo from 1999. A judge has ordered the company to temporarily halt its logging operation. Without a court-ordered stay, Judge John Golden said logging that could hurt timberlands and wildlife would continue. August 31, 2002 — 2:13 a.m. SACRAMENTO (AP) — Environmental groups on Friday hailed a Humboldt County Superior Court judge's unexpected ruling ordering a temporary halt to logging by Pacific Lumber Co. The company, however, believes the order will have no immediate impact, particularly if...
  • New mapping drops Biscuit fire below half-million-acre mark (Oregon still burning)

    08/30/2002 9:54:51 AM PDT · by Grampa Dave · 80 replies · 724+ views
    Oregon Live/AP ^ | 30 August 2002 | Jeff Barnard
    New mapping drops Biscuit fire below half-million-acre mark By JEFF BARNARD The Associated Press 8/30/02 12:32 PM GRANTS PASS, Ore. (AP) -- Based on closer mapping, the size of the massive Biscuit Fire dipped below the half-million-acre mark Friday as firefighters built the last bits of containment lines to securely encircle the blaze. Burning since July 13 when lightning raked the Siskiyou National Forest, the Biscuit Fire stood at 499,780 acres, down from 500,068 acres, and remained 90 percent contained, said U.S. Forest Service spokeswoman Miera Crawford. Full containment was projected for Wednesday. The delay in full containment was caused...
  • Forester says some anti-logging activists in Montana are terrorists

    08/30/2002 12:00:44 PM PDT · by TonyWojo · 18 replies · 522+ views
    http://www.spokesmanreview.com/news-story.asp?date=082902&ID=s1207643&cat=section.regional | Thursday, August 29, 2002 | Associated Press
    POLSON, Mont. -- A U.S. Forest Service official told loggers Wednesday that some out-of-state environmental activists operating in Montana are terrorists trained in arson, vandalism and bomb-making. "Here in Montana, we are starting to see people from out of state and people who have direct ties to the Earth Liberation Front, and that concerns us," said Bill Fox, of the agency's Northern Region office in Missoula. Fox spoke Wednesday to members of the Montana Wood Products Association, gathered in Polson for their annual meeting. Earlier this summer, ELF told officials at the Bitterroot National Forest that all salvage logging in...
  • Mutant Marxists: Ilana Mercer warns U.N.'s assault on U.S. freedom uses eco-idiocy Trojan Horse

    08/28/2002 9:18:05 AM PDT · by JohnHuang2 · 36 replies · 951+ views
    WorldNetDaily.com ^ | Wednesday, August 28, 2002 | Ilana Mercer
    There's a Joseph Conrad kind of symbolism in the location of the United Nations-sponsored World Summit on Sustainable Development. A collection of central planners has convened in Johannesburg, South Africa, to further centralize control over private property and streamline the distribution of wealth from freer, more prosperous nations to despotic, underdeveloped ones. The intellectual and ethical impetus for this renewed assault on freedom and prosperity is the repugnant Marxist theory of environmentalism. Conservation is the central planners' Trojan Horse for a globally coordinated assault on individual rights. These "watermelons" – green on the outside, red on the inside – adroitly...
  • State signs off on county's rural growth plan changes

    08/27/2002 5:53:02 AM PDT · by TonyWojo · 20 replies · 392+ views
    Naples Daily News ^ | Tuesday, August 27, 2002 | By ERIC STAATS,
    Florida growth regulators notified Collier County on Monday that they had signed off on landmark changes to the county's rural growth plan, but opponents are vowing a legal challenge. County commissioners approved new growth rules this summer in response to a 1999 order from Gov. Jeb Bush and the Cabinet that required the county to work with its citizens to come up with better environmental protections for its rural land. The rules apply to some 93,000 acres on the edge of Golden Gate Estates known as the rural fringe. Other changes, still under state review, would apply to almost 200,000...
  • Oregon fire covers 460 square miles, nears power lines

    08/12/2002 7:53:20 AM PDT · by Robert357 · 14 replies · 431+ views
    Seattle Post Intelligencer ^ | August 12, 2002 | ASSOCIATED PRESS
    Oregon's largest wildfire in more than a century threatened power lines feeding several Northern California towns yesterday as crews tried to stop a slow creep along its southeastern flank. Hand crews had created three or four fire lines in front of the advancing flames west of O'Brien, but said they would have to ask Pacific Power to shut down the power lines if the wildfire got too close. When carbon-rich smoke thickens around the cables, it can cause the electricity from the lines to arc, endangering firefighters. Turning off the power would put the California towns of Gasquet, Hiouchi and...
  • Drought Leaves Ranchers Watching Lifestyle Fade

    08/06/2002 12:56:55 PM PDT · by CedarDave · 19 replies · 346+ views
    The Albuquerque Journal (subscription required) ^ | August 5, 2002 | Brendan Smith
    Monday, August 5, 2002 Drought Leaves Ranchers Watching Lifestyle Fade By Brendan Smith Journal Northern Bureau     In 1878, Isidore Ferran built a homestead in northern New Mexico and started a family ranching tradition that has lasted more than a century — but perhaps for not much longer.     Elsie Hays, Ferran's granddaughter, still raises 20 head of cattle on her property in Llaves in Rio Arriba County and on a grazing allotment in the Santa Fe National Forest. But her five brothers and sisters no longer ranch, and her two grown daughters have no interest in raising cattle.    ...
  • How Environmentalists Intend to Rule the World

    07/16/2002 1:43:25 PM PDT · by George Frm Br00klyn Park · 32 replies · 3,242+ views
    ECO - LOGIC ---- ON - LINE ^ | 7/15/2002 | Ron Arnold
    Eco - LogicOn - Line 7/15/2002 The smoking gun... How Environmentalists Intend to Rule the World By Ron Arnold Critics have long believed environmentalists were planning global domination. The problem with making a credible case against such an ambitious plan was simple: no environmental leader had published one. Yet conflicts over global warming, world trade, multinational corporations, population control, sustainable futures, and transnational government left little doubt that environmentalists in fact shared the unspoken aim of wielding supreme power over a green future. But there was no proof. For years, critics, lacking hard evidence, were reduced to piecing together a...
  • Train Operator Reaches End of Line (Shut by Forest Service in CO, NM)

    07/12/2002 11:32:51 AM PDT · by CedarDave · 22 replies · 285+ views
    Albuquerque Journal (Subscription required) ^ | July 12, 2002 | Brendan Smith
    Friday, July 12, 2002 Train Operator Reaches End of Line By Brendan Smith Journal Staff Writer     Hammered by losses from the U.S. Forest Service's shutdown of the Cumbres & Toltec Scenic Railroad, the operator announced Thursday it will not run the 1880s-era railroad next year under its existing five-year contract.     The Cumbres & Toltec Scenic Railroad Commission, which oversees operations, stated Thursday it will seek a new company to operate the railroad next year to replace the struggling nonprofit Rio Grande Railway Preservation Corp.     The commission's decision not to renegotiate Rio Grande's contract means the corporation will...
  • Salvador afraid president's support of interim Venezuelan govt will bring Chavez's wrath.

    04/16/2002 2:59:42 PM PDT · by Cincinatus' Wife · 5 replies · 368+ views
    yahoo.com ^ | Apr 16, 2002 4:58 PM ET | AP
    SAN SALVADOR, El Salvador - Salvadoran legislators are criticizing President Francisco Flores' government for recognizing a coup attempt in Venezuela that briefly deposed President Hugo Chavez. Lawmakers also warned that El Salvador could suffer reprisals from Venezuela regarding oil sales to the country as a result of its support for the interim Venezuelan government led by businessman Pedro Carmona and backed by key military officials. Shortly after a group of military officers removed Chavez from the presidential palace last Friday, Flores declared in a statement that the provisional government had El Salvador's "vote of confidence." Two days later, the coup...
  • Oil Soars on Iraqi Move, Venezuela Fears

    04/08/2002 6:44:26 AM PDT · by Cincinatus' Wife · 64 replies · 1,023+ views
    yahoo.com ^ | Apr 8, 2002 7:05 AM ET | Tom Ashby - Reuters
    LONDON (Reuters) - World oil prices soared on Monday when Iraq announced an immediate suspension of oil exports in protest at Israel's incursion into Palestinian controlled areas of the West Bank. The news prompted a frenzy of buying by traders who already feared a halt in shipments from the world's No. 4 crude exporter Venezuela. International benchmark Brent crude oil jumped $1.01 to $27.00 per barrel by midday in London, resuming an assault on a six-month high of $28.15 seen last week. U.S. crude futures rose 73 cents to $26.94. Iraqi leader Saddam Hussein said all oil exports were suspended...