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CIA Rendition: US Court Throws Out Torture Case, Citing State Secrets

09-09-2010 03:01:43 -

Washington - A federal appeals court in San Francisco on Wednesday threw out a lawsuit seeking to hold a government contractor partly responsible for a secret CIA program to whisk terror suspects to undisclosed prisons overseas for brutal interrogations.

The Ninth US Circuit Court of Appeals voted 6 to 5 to dismiss the lawsuit filed on behalf of five individuals who charged they were seized and imprisoned without legal process, and tortured at the behest of the Central Intelligence Agency.

Obama Pitches $300 Billion Tax Break Package for Businesses

08-09-2010 22:34:14 -

Obama travels to Cleveland to pitch a tax break package worth as much as $300 billion for businesses. But economists are skeptical that many jobs can be gained this way.

A new round of tax incentives for US businesses could have some positive impact on the job market, but it's not likely to ignite massive employment.

E.J. Dionne Jr. | It's Not Over Till It's Over

08-09-2010 22:13:35 -

Washington - President Obama decided this week to raise the stakes in this fall's election by making the choice about something instead of nothing but anger.

In the process, he will confront a deeply embedded media narrative that sees a Republican triumph as all but inevitable. Paradoxically, such extravagant expectations may be the GOP's biggest problem -- by raising the bar for what will constitute success, and by discouraging necessary strategic adjustments should our newly combative president begin to alter the political battlefield.

Time for Helicopter Ben to Drop Some Money on Main Street

08-09-2010 21:00:01 -

The Federal Reserve is proposing another round of "quantitative easing," although the first round failed to reverse deflation. It failed because the money went to banks, which failed to lend it on. To reverse deflation, the money needs to be funneled directly to state and local economies. The Fed may not be authorized to "monetize" state bonds, but it COULD buy bonds issued by state-owned banks.

Obama Unveils New Economic Plan: 'Progress Has Been Painfully Slow'

08-09-2010 20:56:05 -

TRANSCRIPT

The White House released the following remarks on the economy that President Barack Obama delivered this afternoon in Ohio.

Good afternoon, Ohio. It's good to be back.

In the fall of 2008, one of the last rallies of my presidential campaign was here in the Cleveland area. It was a hopeful time, just two days before the election. We knew that if we pulled it off, we'd have the chance to tackle some big and difficult challenges that had been facing this country for a long time.

Land Grabs in Poor Countries Set to Increase

08-09-2010 20:47:47 -

Paris - After weeks of rumours sparked by the leaking of a draft World Bank position paper on so-called land grabs in poor countries, the international financial institution has officially released its report on the surge in farmland purchases and leasing which have elicited controversy for over two years.

Acquisitions of vast tracts of fertile land in Africa by foreign governments and companies eager to secure affordable food resources

Two Multibillionaire Brothers Are Remaking America for Their Own Benefit

08-09-2010 20:00:42 -

There's a difference between being paranoid and being suspicious. Paranoia is mental disturbance; suspicion is a rational deduction.

For example, if you suspect that America's economy, politics, government, media, judiciary and practically every other system has been wired to favor corporate interests over every other interest in our country, you're deducing, not hallucinating.

Right-Wing Leaders Plan to Use September 11th Anniversary to Make Money

08-09-2010 20:00:02 -

Last year, Glenn Beck and a variety of right-wing organizations and corporate front groups exploited the anniversary of the September 11th terrorist attacks to stage a protest of President Obama. This year, many of the same groups are planning yet another rally with the same themes as last time.

But in addition to using September 11th as a launching pad to score political points, the right is now using the day to rake in cash. A sampling of the 9/11 profiteers:

You Are Being Lied to About Dams

08-09-2010 19:57:56 -

It's a go. Brazilian President Luiz Inacio "Lula" da Silva just signed an agreement to build the Belo Monte dam on the Xingu River. It will be large: 3.75 miles of hulking concrete and 11,000 megawatts of power, enough energy to power 23 million homes. It will be the third-largest dam in the world, and is the very clear Brazilian answer to the question: Where will the 21st century's energy come from? Dams are boasted as the best, cleanest, most sustainable response to that question, a far better option than decapitating the Appalachians, turning the Blue Ridge Mountains of West Virginia and the Cumberlands of Kentucky into wastelands.

News in Brief: Republicans Stay Quiet While Others Speak Up About Koran Burni...

08-09-2010 19:53:05 -

Republicans Stay Quiet While Others Speak Up About Koran Burning

According to Think Progress, top Republicans have remained silent on the plan by a Florida church to burn Korans on September 11. From former President George W. Bush to the centrist Sen. Susan Collins (R-Maine), MSNBC anchor Keith Olbermann's request for comments was met by a string of "no comments."