Keyword: reserves

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  • Murray: U.S. Oil Reserve Should be Used

    07/19/2008 10:10:10 AM PDT · by Coffee200am · 71 replies · 1,115+ views
    Web India 123 ^ | 07.19.2008 | UPI
    Congressional Democrats want the United States to tap into the Strategic Petroleum Reserve to help bring down oil prices, U.S. Sen. Patty Murray said Saturday. Murray said during the Democrats' weekly radio address that with gasoline prices reaching new highs, it is time to use the emergency reserves and urge oil companies to drill on leased federal lands. We believe it's time for the oil companies to use that land and to make sure that it stays in America instead of shipping it to the highest bidder overseas, Murray said. Democrats also think it is time to tap into the...
  • Fort Worth dad deploying to country that took his son

    07/11/2008 9:26:54 AM PDT · by traumer · 5 replies · 445+ views
    FORT WORTH — In a few days, Francisco Martinez will land in Iraq. He is one of tens of thousands of men and women who, with various motivations, enlisted in the armed forces, knowing that they’d someday end up there. For Martinez, Iraq is a kind of perdition, a receptacle for all the dark emotions, anguish and guilt that have buffeted him for the last three years. When Martinez steps off the airplane, he will be in the country that took his only son, a 20-year-old skateboarder and budding graphic artist whose loss is felt every single day of his...
  • Saudi Oil Exec: Crude Reserves Figures Bunk

    06/05/2008 11:11:38 AM PDT · by Tolerance Sucks Rocks · 29 replies · 1,202+ views
    MoneyNews.com ^ | May 29, 2008 | MoneyNews
    Junk your SUV and buy an electric scooter. Recent claims by various OPEC leaders that the world has plenty of oil left are bunk, alleges Sadad Al-Husseini, a former top executive at Saudi Aramco, Saudi Arabia’s state-owned oil company. Oil-producing countries are inflating the size of their oil reserves by as much as 300 billion barrels by padding supposedly proven reserves with “probable” reserves and tar and oil sands, according to Husseini. Such hypothetical reserves are “not delineated, not accessible and not available for production,” Husseini said at a recent energy conference in London. Oil production has now reached its...
  • Defense Commissary Agency Takes Benefits to Guard, Reserve Members

    05/01/2008 4:49:53 PM PDT · by SandRat · 1 replies · 135+ views
    WASHINGTON, May 1, 2008 – The Defense Commissary Agency is taking the commissary benefit to National Guard and reserve members and their families living in remote areas. Guard and reserve members and their families shop at the case-lot sale at the North Carolina Air National Guard base of 145th Airlift Wing, held in Charlotte, N.C., April 3-6. U.S. Army Photo by Margaret McKenzie  (Click photo for screen-resolution image);high-resolution image available. "The 2004 National Defense Authorization Act authorized full commissary benefits for members of the Ready Reserve," Richard Page, acting Defense Commissary Agency director, said. “Through our new ‘Bringing the Benefit...
  • America Supports You: Guard Members Join ‘Rebuilding Day’ Projects

    04/29/2008 4:28:47 PM PDT · by SandRat · 112+ views
    America Supports You ^ | Tech. Sgt. Mike R. Smith, USAF
    LA PLATA, Md., April 29, 2008 – At least 60 airmen, soldiers and civilians with the Air and Army National Guard brought Christmas early to a disabled Maryland resident here April 26 by repairing her home on "National Rebuilding Day." Members of the National Guard Bureau, the Air Guard Readiness Center and the District of Columbia National Guard were among the volunteers who repaired the home of Michelle Samuel for what they called a "Christmas in April" event. Known nationally as Rebuilding Day, the annual event's community projects are planned and organized for the last Saturday in April. Orchestrated...
  • Credit Crunch - Bank Reserves go Negative

    04/17/2008 7:36:55 AM PDT · by underground · 21 replies · 635+ views
    underground politics ^ | 4-14-2008 | John
    There's a lot of talk about a "credit crunch" and speculation about what it means for the U.S. and global economies. To summarize it, I would say: "The banks have no reserves other than debt." This chart shows the total "non-borrowed" reserves in the U.S. banking system (as an aggregate of the entire financial system). Negative non-borrowed reserves indicates basically that the reserves are borrowed for the first time in U.S. economic history. The sharp drop shown here indicates the beginning of the credit crunch in late 2007:
  • There's No Such Thing as a Gas or Oil Shortage

    04/07/2008 8:52:00 AM PDT · by Tolerance Sucks Rocks · 75 replies · 2,584+ views
    MoneyNews.com ^ | April 3, 2008 | MoneyNews.com
    First the good news: Automotive expert Ed Wallace says there's no gasoline or oil shortage in the U.S. today and near-record reserves are on hand. Now the bad news: Not only has the congressional mandate for ethanol jacked up the price of food, but Washington, Wall Street and fuel producers all want you to think the gas and oil shortage they keep talking about is real. Washington, Wallace says, appears to be protecting oil speculators and ethanol producers rather than the interests of U.S. citizens who will ultimately pay higher prices for food and U.S. farmers, who are already staggering...
  • Infantry, Reserves Provide Humanitarian Aid

    12/19/2007 4:01:34 PM PST · by SandRat · 1 replies · 77+ views
    Multi-National Force - Iraq ^ | Sgt. Natalie Rostek
    Local children of Al Arafia stand in line, Dec. 8, as Soldiers from Company D, 1st Battalion, 15th Infantry Regiment and Concerned Local Citizens hand out bags full of school supplies. Photo by Sgt. Natalie Rostek, 3rd Brigade Combat Team, 3rd Infantry Division Public Affairs. FORWARD OPERATING BASE HAMMER — Soldiers of Company D, 1st Battalion, 15th Infantry Regiment completed two humanitarian missions in Al Arafia including a food and schoolbag drop, Dec. 8, and a medical assistance visit, Dec. 14. Company D Soldiers together with Concerned Local Citizens (CLC) of Arafia, handed food and bags of school supplies to...
  • Active, Reserve Components Meet November Recruiting Goals

    12/11/2007 4:10:11 PM PST · by SandRat · 9 replies · 38+ views
    WASHINGTON, Dec. 11, 2007 – All military components met their recruiting goals in November, Defense Department officials said here yesterday. It was the sixth month in a row that all services made their recruiting goals, officials said. The military is recruiting in a difficult environment, defense officials said. Only three out of every 10 Americans in the targeted age group qualifies for military service. A good American economy and feelings against the Iraq war degrade the propensity of young Americans to enlist, officials said. Still, the military is doing well. On the active-duty side, the Marine Corps made 108 percent...
  • Beware of demob [A reserve army of unemployed ex-servicemen worries China's leaders]

    11/29/2007 12:30:00 PM PST · by charles m · 18 replies · 77+ views
    IT IS the army's recruitment season in Yantai, a port in Shandong province in northern China. A poster in one fishing village calls on citizens to report any attempt to secure one of the coveted vacancies by paying bribes or forging papers. But the Yantai authorities are far more worried about what happens when servicemen are discharged. Here and elsewhere angry ex-soldiers have been taking to the streets. Over the past couple of years protests by demobilised soldiers have become a potent challenge to local governments trying to keep the lid on unrest during a period of wrenching social and...
  • Free Dinner at Golden Corral for Military Veterans (November 12th 5-9pm)

    11/09/2007 6:22:40 PM PST · by 2ndDivisionVet · 9 replies · 392+ views
    Cash Money Life ^ | November 7, 2007
    Would anyone like a free dinner at Golden Corral? Well, there is an easy way if you are an American military veteran. Golden Corral just announced this year’s Military Appreciation Monday will be November 12, 2007, from 5 to 9 pm. For the past 6 years, Golden Corral has been honoring the US Military with a free “thank you” dinner and beverage at any Golden Corral restaurant on Military Appreciation Monday (first Monday after Veteran’s Day), to honor any person who has ever served in the United States Military. In the past the only requirement to receive the free meal...
  • Brazil Announces New Oil Reserves

    11/08/2007 6:38:57 PM PST · by blam · 75 replies · 237+ views
    BBC ^ | 11-8-2007 | Gary Duffy
    Brazil announces new oil reserves By Gary Duffy BBC News, Sao Paulo Brazil has developed expertise in deep-sea drilling in recent years The Brazilian government says huge new oil reserves discovered off its coast could turn the country into one of the biggest oil producers in the world. Petrobras, Brazil's national oil company, says it believes the offshore Tupi field has between 5bn and 8bn barrels of recoverable light oil. A senior minister said Brazilian oil production had the potential to match that of Venezuela and Saudi Arabia. Petrobras delivered its estimate after analysing test results. The state-controlled company says...
  • New Theory Predicts Location Of Oil And Gas Reserves

    10/21/2007 6:54:22 PM PDT · by blam · 35 replies · 113+ views
    Science Daily ^ | 10-21-2007 | University of Stavanger.
    New Theory Predicts Location Of Oil And Gas Reserves Science Daily (Oct. 21, 2007) — Researchers in Stavanger, Norway, have developed a theory which can be important for future oil and gas exploration. The Golden Zone is the name of a an underground zone where temperatures range between 60 and 120 C. The name refers to a new discovery that 90 per cent of the world's oil and gas reserves are to be found just there. The theory has been tested and verified against a global database containing 120 000 oil fields under production, This gives geologists a tool that...
  • Reporting to Congress (On Iraq) [General David H. Petraeus]

    09/10/2007 7:49:13 PM PDT · by 2ndDivisionVet · 5 replies · 394+ views
    Real Clear Politics ^ | September 10, 2007 | General David H. Petraeus, Commander, Multi-National Force-Iraq
    Mr. Chairmen, Ranking Members, Members of the Committees, thank you for the opportunity to provide my assessment of the security situation in Iraq and to discuss the recommendations I recently provided to my chain of command for the way forward. At the outset, I would like to note that this is my testimony. Although I have briefed my assessment and recommendations to my chain of command, I wrote this testimony myself. It has not been cleared by, nor shared with, anyone in the Pentagon, the White House, or Congress. As a bottom line up front, the military objectives of the...
  • Reservist Tries to Stop Fifth Deployment (one was for 15 days)

    07/14/2007 11:34:04 AM PDT · by SkyPilot · 70 replies · 1,648+ views
    Associated Press and AOL News ^ | 14 July 07 | BRIAN SKOLOFF
    WEST PALM BEACH, Fla. (July 14) - Army Reserve Sgt. Erik Botta has been sent to Iraq three times and to Afghanistan once. He thinks that's enough. Botta wants a court to block the military's plan to deploy him for a fifth time Sunday, most likely to Iraq. He isn't against the war - but he thinks he can serve his country better now by working for a defense contractor and pursuing his education.Army Reserve Sgt. Erik Botta, here with his wife, Jennifer, has served in Iraq three times and in Afghanistan once. He is scheduled for a fifth deployment...
  • Let's be Competitive — Free the Fed!

    05/30/2007 9:47:17 AM PDT · by Tolerance Sucks Rocks · 108 replies · 1,186+ views
    MoneyNews.com (Newsmax) ^ | May 30, 2007 | John Browne
    Today's Financial Times headline ("Spitzer to Streamline Rules for Wall Street") is an example of government allowing good old Yankee free enterprise to become more competitive with other international challengers. The Financial Times also contains additional evidence of increasing inflationary pressures and of interest rates around the world, particularly in the European Union (E.U). Meanwhile, in face of growing inflationary evidence and increasing interest rates among our key competitors, our Fed has kept our rates on hold. While it warns of inflation as its main concern, our Fed appears "frightened" to compete either against inflation or with the rising interest...
  • Beijing to buy stake in Blackstone (China shifts foreign reserves to private investments)

    05/20/2007 3:40:15 PM PDT · by mr jakob · 9 replies · 707+ views
    Financial Times (UK) ^ | May 20 2007 | Francesco Guerrera
    The Chinese government is to use $3bn of its vast foreign exchange reserves to buy a 9.9 per cent stake in Blackstone, the US buy-out fund, in an unprecedented move that underlines Beijing’s desire to tap into the private equity boom. The investment will coincide with Blackstone’s landmark $40bn stock market listing, expected in the next few months, and will allow the private equity group to nearly double its original target of raising $4bn. Stephen Schwarzman, Blackstone’s chief executive, hailed the deal – the first time Beijing has invested its foreign reserve in a commercial transaction – as an “historic...
  • Iraq may hold twice as much oil

    04/18/2007 8:51:31 PM PDT · by HAL9000 · 12 replies · 424+ views
    Financial Times (UK) (excerpt) ^ | April 18, 2007 | Ed Crooks
    Iraq could hold almost twice as much oil in its reserves as had been thought, according to the most comprehensive independent study of its resources since the US-led invasion in 2003. The potential presence of a further 100bn barrels in the western desert highlights the opportunity for Iraq to be one of the world’s biggest oil suppliers, and its attractions for international oil companies – if the conflict in the country can be resolved. If confirmed, it would raise Iraq from the world’s third largest source of oil reserves with 116bn barrels to second place, behind Saudi Arabia and...
  • Supplemental Funds Vital for Reserves, Deployed Troops

    04/02/2007 6:12:05 PM PDT · by SandRat · 4 replies · 230+ views
    WASHINGTON, April 2, 2007 – Army reserve-component training and equipment reset will be immediately affected if an emergency supplemental funding request isn’t signed into law by April 15, Defense Department officials said here today. Further, there will be serious repercussions for deployed servicemembers if the supplemental funding isn’t approved by May 15, the officials said. Both the Senate and House bills have passed bills that provide the funding but contain amendments that call for combat troops to be out of Iraq on a certain timetable. President Bush has vowed to veto any bill containing these provisions. During his weekly...
  • Pro-‘Gay’ Bullies Pick Up the Pace

    03/27/2007 6:34:19 AM PDT · by Woodland · 13 replies · 591+ views
    TownHall.com ^ | 03/27/07 | Matt Barber
    Marine General Peter Pace – decorated war hero and Chairman of the Joint Chiefs of Staff – continues to find himself fending off a vicious and unfamiliar rapid fire assault from his extreme left-flank. In recent days, the good general has been widely and unjustly vilified by America’s self-appointed thought police as they step up their unified and widespread campaign of homofascist speech enforcement. During a recent interview with the Chicago Tribune, Pace violated one of the cardinal rules of political correctness by noting that, “homosexual acts between two individuals are immoral.” While defending the military’s “don’t ask don’t tell”...
  • Schwarzenegger promotes dams as way to boost water reserves

    03/26/2007 6:28:55 PM PDT · by NormsRevenge · 17 replies · 338+ views
    Gov. Arnold Schwarzenegger on Monday promoted a $6 billion plan for increased water storage and protecting fresh water supplies, calling for two new dams and better management of the delta. "Our state's population is increasing rapidly. We also have earthquakes and major storms that could really destroy our levee system," the governor said, speaking against the backdrop of Friant Dam at Millerton Lake, in the Sierra foothills east of Fresno. Two-thirds of Californians depend on the Sierra Nevada snowmelt for drinking water while Central Valley growers use it to irrigate their fields. Schwarzenegger said the state's expected growth - to...
  • Reservist Due for Iraq Is Killed in Standoff With Police

    12/28/2006 8:08:10 PM PST · by RDTF · 30 replies · 1,189+ views
    The Washington Post ^ | December 28, 2006 | Megan Greenwell
    Army Reservist James E. Dean had already served 18 months in Afghanistan when he was notified three weeks ago that he would be deployed to Iraq later this month. The prospect of returning to war sent the St. Mary's County resident into a spiral of depression, a neighbor said. Despondent about his orders, Dean barricaded himself inside his father's home with several weapons on Christmas, threatening to kill himself. After a 14-hour standoff with authorities, Dean was killed yesterday by a police officer after he aimed a gun at another officer, police said. Wanda Matthews, who lives next door to...
  • China mulls energy reserves spend

    12/27/2006 8:19:33 AM PST · by Jedi Master Pikachu · 3 replies · 296+ views
    BBC ^ | Wednesday, December 27, 2006
    China has the money to secure future energy reserves China has signalled that it could use its vast foreign exchange reserves to bolster its strategic energy resources. Vice-Premier Zeng Peiyan said China needed to speed up the hunt for fresh oil and natural gas supplies. China's foreign exchange reserves are the world's largest at more than $1 trillion (£511bn), supported by the country's strong global exports. China is keen to secure future reserves of oil, coal and other raw materials needed to fuel its booming economy. Earlier this year, Beijing hosted a summit of African leaders, at which access...
  • Army, Marine Corps To Ask for More Troops

    12/14/2006 12:17:36 PM PST · by FLOutdoorsman · 13 replies · 566+ views
    Washington Post ^ | 23 Dec 2006 | Ann Scott Tyson
    The Army and Marine Corps are planning to ask incoming Defense Secretary Robert M. Gates and Congress to approve permanent increases in personnel, as senior officials in both services assert that the nation's global military strategy has outstripped their resources. In addition, the Army will press hard for "full access" to the 346,000-strong Army National Guard and the 196,000-strong Army Reserves by asking Gates to take the politically sensitive step of easing the Pentagon restrictions on the frequency and duration of involuntary call-ups for reservists, according to two senior Army officials. The push for more ground troops comes as the...
  • FReeper Canteen ~ Day of Medieval Weaponry ~ 07 SEP 2006

    09/06/2006 5:59:13 PM PDT · by MS.BEHAVIN · 743 replies · 4,306+ views
    MsBehavin
      The FReeper Canteen's Day of   The longbow was used in the Middle Ages both for hunting and as a weapon of war and reached its zenith of perfection as a weapon in the hands of English and Welsh archers. The longbow was first recorded as being used by the Welsh in 633 C.E., when Offrid, the son of Edwin, king of Northumbria, was killed by an arrow shot from a Welsh longbow during a battle between the Welsh and the Mercians -- more than five centuries before any record of its military use in England. Longbows were...
  • The "running out of oil" myth, and the inside story on illegal immigration

    09/05/2006 7:05:37 AM PDT · by seasoned traditionalist · 61 replies · 2,416+ views
    Renew America ^ | September 4, 2006 | Wes Vernon
    Next time you stop at the pump and pay through-the-stratosphere prices to fill your car's tank, just ponder this: We are not — repeat, we are not running out of oil. There is no good reason you should be paying through the nose. There are only bad reasons for it. If you are also angry about illegal aliens pouring over the border, you should know that illegal immigration is the price we are paying to keep to keep gas prices from going even higher, maybe two or three times higher.
  • FReeper Canteen ~ Military Short Speak ~ July 31, 2006

    07/30/2006 5:43:44 PM PDT · by Old Sarge · 523 replies · 2,801+ views
    7/30/06 | Petunia Pig
    ~ MILITARY SHORT SPEAK ~             Acronyms, initialisms and abbreviations that aren't generally used in the "civilian world."What is an acronym? It is a word created from the first letter of a series of other words. It is spoken as one word. What is an initialism? It is a word created from the first letter of a series of other words, but each letter is spoken separately. What is an abbreviation? It is a shortened version of a word. What is Short Speak? It is any and all of the above.Want to know what  they are talking about?  Read...
  • FReeper Canteen ~ A FReeper Canteen In Camelot ~ July 27, 2006

    07/26/2006 6:14:31 PM PDT · by MS.BEHAVIN · 623 replies · 3,815+ views
    7/26/06 | Ms.Behavin & Old Sarge
         The Camelot of legend may differ from the 5th-century stronghold of fact, but the stronghold of the imagination remains impregnable, even to our cynical age. Arthur's lasting legacy to us, the order of knighthood he created, stands in our common lives as the lofty goal to which many still aspire. And historians and poets alike both remind us that Arthur shall return from the Isle of Avalon to defend Britain and Christendom in their most desperate hour.   Arthur (or Artos, "The Bear"), the post-Roman warlord of central Britain, stands tall in legends as the archetype of...
  • Guard leaders say policies must change

    07/19/2006 6:29:49 PM PDT · by neverdem · 4 replies · 268+ views
    Seattle Post-Intelligencer ^ | July 19, 2006 | ELIZABETH WHITE
    ASSOCIATED PRESS SAN ANTONIO -- The nation's laws and policies aren't changing fast enough to reflect the increasing demands on citizen soldiers, top commanders of the National Guard and reserves told an independent commission Wednesday. "I think we're not changing and shaping our forces for the threats that are out there today," said Vice Admiral John Cotton, chief of the Navy Reserve. The 13-member Commission on the National Guard and Reserves was formed by Congress to investigate how well the units are equipped and organized. It began a yearlong review in March to address needs for future roles and missions....
  • Caption Israeli Children Inscribing 155mm Artillery Shells (ARTY Graffiti)

    07/17/2006 6:31:13 PM PDT · by DCBryan1 · 152 replies · 5,497+ views
    Drudge Report ^ | 17 JUL 06 | dcbryan1
    Thanks for nothing Bill Clinton!
  • National Guard, Reserves Fully Integrated Into Force, Leaders Say

    05/04/2006 5:52:41 PM PDT · by SandRat · 2 replies · 139+ views
    American Forces Press Service ^ | Sgt. Sara Wood, USA
    WASHINGTON, May 4, 2006 – The National Guard and reserve components are key players in America's ability to fight the war on terror abroad, and respond to security threats and national disasters in the homeland, Defense Department leaders said here yesterday. These components are vital to America's total force strength, and integrated planning is the key to success in the future, Navy Adm. Timothy Keating, commander of U.S. Northern Command and North American Aerospace Defense Command, and Paul McHale, assistant secretary of defense for homeland defense, said at the second hearing of the Commission on the National Guard and Reserves....
  • China's Reserves Soar: NAM Says The Time Has Come For China To Re-Value Its Currency

    04/29/2006 12:51:31 PM PDT · by Paul Ross · 10 replies · 730+ views
    Manufacturing & Technology News ^ | April 17, 2006 | Richard McCormack
    April 17, 2006    Volume 13, No. 8 China's Reserves Soar: NAM Says The Time Has Come For China To Re-Value Its Currency BY RICHARD McCORMACK richard@manufacturingnews.com It has become "imperative" for the Department of Treasury to declare that China is manipulating its currency, says Pat Mears, director of international commercial affairs at the National Association of Manufacturers. Further evidence of China's manipulation is that nation's growing currency reserves. They have risen to $848 billion, and are now the largest in the world, surpassing those of Japan's at $837 billion. "China's currency reserves are nearing half of China's total gross...
  • Bush promotes fuel cells, rides his bike on Earth Day

    04/22/2006 9:32:49 AM PDT · by SmithL · 29 replies · 983+ views
    AP ^ | 4/21/6 | NEDRA PICKLER
    ST. HELENA, Calif. -- Unable to drive down high oil prices, President Bush is spending Earth Day promoting futuristic hydrogen fuel technology as a way to wean Americans from gas-guzzling vehicles. After a bike ride near his Napa Valley resort Saturday morning, Bush planned to visit the California Fuel Cell Partnership in West Sacramento for a tour and speech on his energy plan. The plan does not include any measures that would reduce gas prices in the short term, the White House acknowledges. But with Republicans worried that the increasing cost to drive could hurt them in the voting booth...
  • First Lady's Chief of Staff Honored for Support of Reserves

    04/20/2006 6:15:39 PM PDT · by SandRat · 152+ views
    WASHINGTON, April 20, 2006 – The National Committee for Employer Support of the Guard and Reserve has lauded first lady Laura Bush's chief of staff for outstanding support of military reservists. ESGR, an agency of the Department of Defense, announced yesterday that Anita McBride, deputy assistant to the president and chief of staff to the first lady, was honored with an ESGR Patriot Award in recognition of her extraordinary support of a staff employee who serves in the U.S. Naval Reserve. Maria Miller, deputy director of projects in the Office of the First Lady, is a Naval Reservist who nominated...
  • FReeper Canteen ~ Military Short Speak ~ March 27, 2006

    03/26/2006 6:13:35 PM PST · by StarCMC · 433 replies · 3,336+ views
    Boris & Natasha
      FR CANTEEN MISSION STATEMENTShowing support and boosting the morale of our military and our allies military and the family members of the above. Honoring those who have served before. That's right - the Canteen mission Support the troops and all they do They've given up so much All for me and you There are so many here Who keep the aim sure and true They support the troops And have lots of fun too We dance and play And spin on our toes A turn of phrase A joke or some prose All for the troops Who visit...
  • Independent Commission Examines Roles and Missions of the Guard and Reserves

    03/12/2006 6:57:08 AM PST · by Racehorse · 158+ views
    CNGR website ^ | 9 March 2006 | Staff
    Two days of Capitol Hill hearings on the current and future roles and missions of the National Guard and Reserves have launched a comprehensive, year-long assessment of the use of the nation’s Guard and Reserve Components at home and abroad. The hearings, which concluded today [9 March], were conducted by the independent Commission on the National Guard and Reserves. The 13-member Commission has been charged by Congress to recommend changes in the laws and policies under which the Guard and Reserves operate, to ensure that they are tasked, organized, trained, equipped, compensated, and supported to best meet the nation’s security...
  • The Venezuelan Central Bank may face a technical bankruptcy

    02/20/2006 9:54:40 AM PST · by Racehorse · 21 replies · 860+ views
    El Univesal ^ | 20 February 2006 | Mayela Armas
    [According to the former official, the Venezuelan Central Bank (BCV) shows feeble balance of assets. Should the government continue asking money from the bank, the international reserves will deplete gradually and monetary steadiness will be undermined. The only alternative is to reform again the BCV Law] The Venezuelan Central Bank (BCV) will go into technical bankruptcy in the event of continuing delivering assets to the Government with no valuable consideration, BCV Economic Research ex manager José Guerra cautioned. "Delivery of USD 6 billion in reserves last year, along with large indebtedness eroded the bank assets, and weakened its capital and...
  • Soldier and Dog Reunited (Update with some sad news)

    02/07/2006 4:44:43 PM PST · by T-Girl · 16 replies · 897+ views
    CBSNews.com ^ | 11/10/05
    ...Was watching the CBS Evening News tonight (which I'm not usually in the habit of doing) and heard some sad news. ...Not sure if anyone recalls this story from back in November (see below) but apparently Capt. Smathers died last week, after collapsing during Reserve training. Capt. Smathers was an attorney in Maryland. During his year in Iraq, he earned four Bronze Stars, two Purple Hearts and an Army Commendation medal during his year in Iraq. Might be nice if we shared our expressions of sympathy, as well as our gratitude for his service to our country. If you'd like...
  • Bush to propose cuts in fighter plane production, Army Reserve

    01/30/2006 10:34:57 AM PST · by Blogger · 108 replies · 1,847+ views
    Bush to propose cuts in fighter plane production, Army Reserve By Lolita C. Baldor, The Associated Press Mideast edition, Sunday, January 29, 2006 WASHINGTON — President Bush will use his new budget to propose cutting the size of the Army Reserve to its lowest level in three decades and stripping up to $4 billion from two fighter aircraft programs. The proposals, likely to face opposition on Capitol Hill, come as the Defense Department struggles to trim personnel costs and other expenses to pay for the war in Iraq and a host of other pricey aircraft and high-tech programs. Bush will...
  • Marine reserves prepare to fill ranks in Iraq

    01/25/2006 5:36:09 PM PST · by SandRat · 3 replies · 267+ views
    Marine Corps News ^ | Jan 25, 2006 | Lance Cpl. Stephen Holt
    MARINE CORPS BASE CAMP PENDLETON, Calif (Jan. 25, 2006) -- As another rotation of Marine forces are deploying to Iraq, Marine reserves from around the country will be filling the ranks and heading to combat operations with their active-duty counterparts. One such group of Marine reservist from the 4th Landing Support Battalion gathered on Camp Pendleton recently to familiarize themselves with some of the weapons and gear they will carry during their upcoming deployment in support of Operation Iraqi Freedom. Approximately 100 members of the 4th LSB traveled from cities like Seattle, Savannah, Ga. and Charleston, S.C., to cross-train in...
  • FReeper Canteen ~ Military Structure: US Coast Guard ~ Jan. 9, 2006

    01/08/2006 8:00:48 PM PST · by StarCMC · 609 replies · 6,034+ views
    Thomas The Tank Engine
       For the freedom you enjoyed yesterday... Thank the Veterans who served in The United States Armed Forces. Looking forward to tomorrow's freedom? Support The United States Armed Forces Today!    By request, the FReeper Canteen looks at Military Structure ~ Thread Six ~ ~ Link to thread One ~  ~ Link to thread Two ~  ~ Link to thread Three ~~ Link to thread Four ~  ~ Link to thread Five ~  This will be a series of threads, starting out with some basic overviews and continuing with specifics for each branch of the Service.  Hope you enjoy!  When...
  • Sears Receives Freedom Award for Support to Reserves

    10/18/2005 8:53:03 PM PDT · by SandRat · 4 replies · 272+ views
    American Forces Press Service ^ | Oct 18, 2005 | Jim Garamone
    WASHINGTON, Oct. 18, 2005 – Defense officials have lauded Sears, Roebuck and Co. for the many benefits they provide employees who have been called to the colors. The war on terror demands much of reserve-component military personnel. The sacrifices they and their families make are legion. But increasingly, the war is demanding much of reserve-component servicemembers' civilian employers. The National Committee for Employer Support for the Guard and Reserve presented companies that go the extra mile for reservists with the Freedom Award during a ceremony here Oct. 15. The Freedom Awards are the highest given by the organization. A Guard...
  • A Marine Came for Me

    10/10/2005 6:33:30 PM PDT · by Retain Mike · 33 replies · 2,115+ views
    U.S. Naval Institute Proceedings | October 2005 | David J. Danelo
    "A Marine Came For Me" David J. Danelo Proceedings, October 2005 Discuss this article in the eForum. The odyssey of Marine Corporal Ross Craft (center) began with his hunt to find his aunt and uncle, Diane and Richard Angelico, who were missing in the aftermath of Hurricane Katrina. PHOTO COURTESY OF THE AUTHOR On 30 August, the day after Hurricane Katrina devastated the Gulf Coast, shattered two levees, and flooded New Orleans, a local television station ran footage of a Marine on a jet ski zipping through the floodwaters guiding rescue boats to safe evacuation routes. Corporal Ross Craft, a...
  • NAVY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    10/08/2005 1:21:53 PM PDT · by Pukin Dog · 35 replies · 1,631+ views
    NAVY WINS! Now, back to lurking.
  • Hurricane hunters on the heels of Hurricane Ophelia

    09/14/2005 6:15:21 PM PDT · by SandRat · 8 replies · 403+ views
    Air Force Links ^ | Sep 14, 2005 | Master Sgt. Orville F. Desjarlais Jr.
    SAN ANTONIO -- Air Force Reserve Command’s Hurricane Hunters are tracking Hurricane Ophelia as it bumps its way along the East Coast, packing 80 mph maximum sustained winds as of Sept. 14. Ophelia is no Katrina, but it still warrants coastal warning from the National Hurricane Center, which relies heavily on the Hurricane Hunters’ expertise. Using specially equipped WC-130J Hercules aircraft, members of the 53rd Weather Reconnaissance Squadron flew into Ophelia Sept. 14 to try to determine the steering winds around the storm. “These winds will tell us where it is headed next,” said 1st Lt. Tina Young, an aerial...
  • NEPMU 2 Ensures Air Quality for New Orleans Relief Efforts

    09/13/2005 4:36:48 PM PDT · by SandRat · 134+ views
    Navy NewsStand ^ | sep 13, 2005 | Journalist 1st Class (SCW/SS) James G. Pinsky
    NAVAL AIR STATION JOINT RESERVE BASE NEW ORLEANS (NNS) -- Members of Naval Environmental Preventive Medicine Unit (NEPMU) 2’s Forward Deployable Preventive Medicine Unit (FDPMU) East continued their efforts to establish a safe environment for relief workers and residents recovering from the impact of Hurricane Katrina Sept. 13. FDPMU East, currently deployed to Naval Air Station (NAS) Joint Reserve Base (JRB) New Orleans, conducted environmental monitoring of residential areas of the St. Benard Parish affected by contamination of oil from a nearby oil refinery as a result of damages sustained Aug. 29 from Hurricane Katrina. The survey, which was coordinated...
  • I need information heard on Hannity today!!

    09/07/2005 6:50:52 PM PDT · by michwm · 44 replies · 1,838+ views
    9-7-2005 | Me
    I heard today on Hannities program an AP article about oil reserves in America being more the the Saudis!!Can anyone point me to that direction??I also want a bumper sticker that reads IF YOU LOVE $3 A GALLON FOR GAS, THANK A TREE HUGGER!!
  • Nation's oil reserves become political football

    08/30/2005 4:09:33 PM PDT · by NormsRevenge · 21 replies · 471+ views
    ap on San Diego Union Tribune ^ | 8/30/05 | Tom Raum
    WASHINGTON – The White House has signaled it is willing to tap the nation's crude oil stockpile if needed to help refiners whose supplies were disrupted by Hurricane Katrina. But the action won't have much effect on soaring gasoline prices. As fuel costs keep rising, President Bush could find himself under increasing pressure from both parties to do more. As the shutdown of oil platforms, refineries and pipelines drove energy prices to new highs, Bush decided to end his summer vacation on his Texas ranch and return to Washington on Wednesday to monitor hurricane recovery efforts. Even before the powerful...
  • FReeper Canteen ~ Military Short Speak ~ August 29, 2005

    08/28/2005 7:00:02 PM PDT · by StarCMC · 934 replies · 3,988+ views
    SpongeBobSquarePants
      For the freedom you enjoyed yesterday... Thank the Veterans who served in The United States Armed Forces.   Looking forward to tomorrow's freedom? Support The United States Armed Forces Today! ~ MILITARY SHORT SPEAK ~             Acronyms, initialisms and abbreviations that aren't generally used in the "civilian world." What is an acronym? It is a word created from the first letter of a series of other words. It is spoken as one word.  What is an initialism? It is a word created from the first letter of a series of other words, but each letter...
  • FReeper Canteen ~ Military Short Speak ~ August 8, 2005

    08/07/2005 7:00:03 PM PDT · by StarCMC · 1,064 replies · 4,634+ views
    Canteen Crew
      For the freedom you enjoyed yesterday... Thank the Veterans who served in The United States Armed Forces.   Looking forward to tomorrow's freedom? Support The United States Armed Forces Today! ~ MILITARY SHORT SPEAK ~             Acronyms, initialisms and abbreviations that aren't generally used in the "civilian world." What is an acronym? It is a word created from the first letter of a series of other words. It is spoken as one word.  What is an initialism? It is a word created from the first letter of a series of other words, but each letter...