75 Professors and Scientists… 2006 Muslim Conference Video

I found this back on 911Bloggers.

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Credit turmoil set to benefit big banks

By Saskia Scholtes

Published: September 18 2007 23:54 | Last updated: September 18 2007 23:54

Large banks with big balance sheets and access to central bank liquidity could be poised to benefit from the recent turmoil in financial markets, says ratings agency Moody’s in a report on Wednesday.

As the crisis of confidence in credit has reduced access to cheap capital markets funding for non-bank participants such as hedge funds, the ratings agency argues that banks are set to play an increasingly important role as the much-needed distributors of central bank liquidity.

“Banks play a pivotal role, as they stand between the central bank and the rest of the financial system – the franchised distributors of the central bank’s vital product,” says Christopher Mahoney, vice-chairman at Moody’s.

The comment comes as international policymakers and regulators engage in increasingly heated debate over their response to the recent market turbulence, and whether banks should be granted a freer hand to allocate and distribute capital during times of stress.

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Why Cheney Likes Mukasey for A.G.

In praising George W. Bush’s new choice for Attorney General, Vice President Dick Cheney identified one freedom in particular that retired Judge Michael Mukasey would protect: “the freedom from fear of terrorist attacks.”

The comment spoke volumes about the Bush administration’s priorities, fitting with the President’s oft-repeated claim that the government has no more important duty than to protect the American people.

That this claim goes unchallenged – despite the fact that the oath administered to federal officials demands that they defend the Constitution and says nothing about public safety – has been a leading indicator of how Bush and Cheney have exploited the self-centeredness of many Americans to amass unprecedented executive power.

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Update: Cops on leave after Taser incident, student’s behavior under scrutiny

CNN blames the victim but at least the perpetrators are on leave.

(CNN) — Two University of Florida police officers were placed on leave with pay after using an electronic stun gun to subdue a student who was questioning Sen. John Kerry at a campus forum, the school’s president said Tuesday.

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Student Andrew Meyer is surrounded by university police in Gainesville, Florida, on Monday.

But the student’s behavior and past activities are prompting questions about whether the incident was part of a stunt.

The Florida Division of Law Enforcement will investigate Monday’s arrest of Andrew Meyer, said University of Florida President J. Bernard Machen. Machen called the incident “regretful for us.”

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“The thing that I regret is that civil dialogue and civil discourse did not happen,” Machen said. “That’s fundamental to a university campus. Why it didn’t happen is what we’re trying to sort out.”

During Monday’s forum, Meyer came to the microphone to question the 2004 Democratic presidential nominee from Massachusetts.

Wounded Iraqis: ‘No one did anything’ to provoke Blackwater

BAGHDAD, Iraq (CNN) — It was last Sunday in western Baghdad. Helicopters circled overhead while armed guards, privately hired by the U.S. government, were conducting an ordinary mission to protect U.S. State Department employees.

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Hasan Jaber Salman, wounded in the incident, says of Blackwater contractors: “No one fired on them.”

But within minutes there was an explosion, a hail of gunfire, and bodies in the streets.

The Iraqi Interior Ministry says at least 10 Iraqis were killed and 10 wounded. Another government spokesman, Ali al-Dabbagh, told CNN that at least 20 people died, with 35 wounded.

So what happened on that day on a square in the Mansour district of Baghdad?

It depends on whom you ask.

Blackwater USA, the private security firm at the center of the controversy, says its employees simply defended themselves against armed attackers.

Two men hospitalized with gunshot wounds disagree. They say the guards fired on people for no reason.

Hasan Jaber Salman lies in Yarmouk Hospital, bandages covering gunshot wounds in his back.

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