Friday, May 25, 2012

MSW Newsletter - Stories of Interest 5/25/12

Third newsletter of the week, I think three per week is decent, I can keep up with three times a week. Quite a bit going on the world, here's what stood out the most in Mike Salvi's World over the past few days. 
Iranian sailors helped scare off armed pirates who attacked an American cargo ship in the Gulf of Oman, Iranian state media reported Thursday. It's the latest example of U.S.-Iranian cooperation on pirate-infested high seas despite a wave of tensions between Washington and Tehran over the decades.

The supposed al Qaeda bomb plot to blow up a U.S. bound plane has completely fallen apparent with recent revelations that the terrorist was actually working for the CIA and Saudi Intelligence the entire time. That’s right, this huge corporate media manufactured story was literally a NON EVENT with the terrorist actually being an operative who then turned the bomb over to the Central Intelligence Agency.

In spite of the success of Paul’s strategy in accumulating delegates, many pundits insist that Paul remains a non factor… they miss the truly “big story” of the 2012 election. That is, that Ron Paul, mobilizing both young and old with his message of liberty tempered by personal responsibility, and government power tempered by accountability, has already won far more than the election.  He has won the trust and the imagination of the people, Rocky Balboa-style.

The median price of an existing home that sold in April of this year was $177,400, an increase of just over ten percent from a year ago. That is the biggest price jump since January of 2006. The difference between now and then, though, is the 2006 price jump was real, this latest spike is not.

The big difference between the official deficit and standard accounting: Congress exempts itself from including the cost of promised retirement benefits. Yet companies, states and local governments must include retirement commitments in financial statements, as required by federal law and private boards that set accounting rules.

Traffic in New Delhi is bad at the best of times. During a run on fuel, it devolves into an unholy mess. On Wednesday evening, the wide arteries of India’s capital became a gnarled tangle of SUVs, Ambassadors, motorcycles and shuddering auto-rickshaws, as people from all corners of the city were stuck together in a 38°C gridlock, honking their horns in desperate futility.

First it was pink slime. Then, it was crushed cochineal beetles in your favorite strawberry-flavored Starbucks drinks. Briefly, it was tuna scrape. And any day now, it's going to be meat glue. More than ever before, it seems consumers are demanding to know what's in their food and why.

New York City police did not violate New Jersey laws when they conducted surveillance of Muslim businesses, mosques and student groups, Gov. Chris Christie's administration said Thursday following a three-month review, a finding that angered Muslim leaders who had sought a clampdown on the cross-border police operations.

Philadelphia pays for police misbehavior, more cops get caught pilfering the evidence, one gets caught helping a heroin dealer, and another goes down hard for helping drug traffickers.



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