Daily Revolt

April 02, 2007

Europe Stock Market Now Larger than U.S.

Stretched army sends troops back to Iraq:
For just the second time since the war began, the Army is sending large units back to Iraq without giving them at least a year at home, defense officials said Monday. The move signaled how stretched the U.S. fighting force has become.

Reid may move to cut Iraq war funds:
Senate Majority Leader Harry Reid said Monday he wants to cut off money for the Iraq war next year, making clear for the first time that Democrats are willing to pull out all the stops to end U.S. involvement.

High court rebukes Bush on car pollution:
The Supreme Court rebuked the Bush administration Monday for its inaction on global warming in a decision that could lead to more fuel-efficient cars as early as next year.

2 shot to death on U. Washington campus:
A University of Washington researcher was shot to death in her office Monday morning by a former boyfriend who then turned the gun on himself, police said.

Tsunami kills 13 on Solomon Islands:
Bodies floated out to sea and thousands of residents camped out overnight Tuesday on a hillside above a devastated town in the western Solomon Islands after a tsunami that struck without warning washed away coastal villages, killing at least 13 people. The death toll was expected to rise.

Tribune accepts $8.2B offer from Zell:
Real estate mogul Sam Zell won the battle of the billionaires Monday, landing media conglomerate Tribune Co. after a down-to-the-wire bidding war. Even with the buyout's $8.2 billion price tag, the outlook for the nation's second-largest newspaper publisher remained as uncertain as it did six months ago when it began a strategic review to boost a lagging stock price.

New book says Kissinger kept Nixon in the dark:
Newly released documents show that former U.S. Secretary of State Henry Kissinger delayed telling President Richard Nixon about the start of the Yom Kippur War in 1973 to keep him from interfering, according to new book excerpted in Vanity Fair on Monday.

U.S. says former FBI agent missing in Iran:
The United States asked Iran on Monday to provide information about a former FBI agent believed to have gone missing several weeks ago while on private business there, U.S. officials said.

Top court won't decide Guantanamo prisoner appeal:
A closely divided Supreme Court said on Monday it would not decide whether Guantanamo prisoners have the right to challenge their confinement before U.S. federal judges, avoiding a test of President George W. Bush's powers in the war on terrorism.

Man With TB Locked Up To Protect Public:
Robert Daniels has been locked up indefinitely, perhaps for the rest of his life. But he has not been charged with a crime. Instead, he suffers from an extensively drug-resistant strain of tuberculosis that's considered virtually untreatable.

McCain Wrong on Iraq Security, Merchants Say:
A day after members of an American Congressional delegation led by Senator John McCain pointed to their brief visit to Baghdad’s central market as evidence that the new security plan for the city was working, the merchants there were incredulous about the Americans’ conclusions.

[...]The delegation arrived at the market, which is called Shorja, on Sunday with more than 100 soldiers in armored Humvees — the equivalent of an entire company — and attack helicopters circled overhead, a senior American military official in Baghdad said. The soldiers redirected traffic from the area and restricted access to the Americans, witnesses said, and sharpshooters were posted on the roofs. The congressmen wore bulletproof vests throughout their hourlong visit.

Europe tops US in stock market value:
Europe has eclipsed the US in stock market value for the first time since the first world war in another sign of the slipping of the global dominance of American capital markets.

Arianna Huffington: Follow the Real Money:
What is it with the media and the Clintons? Something about Bill and Hillary just seems to throw off the instrumentation of reporters. It's not that the reporting is consistently too negative, or consistently too positive, just that it's so often not the truth -- or at least, not the whole truth.

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