15.11.07

Terror crackdown: Passengers forced to answer 53 questions BEFORE they travel

Terror crackdown: Passengers forced to answer 53 questions BEFORE they travel

By JAMES SLACK -
Last updated at 17:37pm on 15th November 2007

Travellers face price hikes and confusion after the Government unveiled plans to take up to 53 pieces of information from anyone entering or leaving Britain.

For every journey, security officials will want credit card details, holiday contact numbers, travel plans, email addresses, car numbers and even any previous missed flights.

The information, taken when a ticket is bought, will be shared among police, customs, immigration and the security services for at least 24 hours before a journey is due to take place.

Anybody about whom the authorities are dubious can be turned away when they arrive at the airport or station with their baggage.

Those with outstanding court fines, such as a speeding penalty, could also be barred from leaving the country, even if they pose no security risk.

The information required under the "e-borders" system was revealed as Gordon Brown announced plans to tighten security at shopping centres, airports and ports.

This could mean additional screening of baggage and passenger searches, with resulting delays for travellers.

The e-borders scheme is expected to cost at least £1.2billion over the next decade.

Travel companies, which will run up a bill of £20million a year compiling the information, will pass on the cost to customers via ticket prices, and the Government is considering introducing its own charge on travellers to recoup costs.

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(http://www.dailymail.co.uk)

14.11.07

Monetary Authorities with the largest foreign reserves in 2007

At the end of 2006, 65.7% of the identified official foreign exchange reserves in the world were held in United States dollars and 25.2% in euros.

Monetary Authorities with the largest foreign reserves in 2007.
Rank Country/Monetary Authority billion USD (end of month)
1 Flag of the People's Republic of China People's Republic of China $1434 (September)
2 Flag of Japan Japan $954 (October)
Flag of Europe Eurozone $483 (September)
3 Flag of Russia Russia $448 (November 2)
4 Flag of India India $267 (November 2)
5 Flag of the Republic of China Republic of China (Taiwan) $266 (October)
6 Flag of South Korea South Korea $257 (September)
7 Flag of Brazil Brazil $173 (November 13)
8 Flag of Singapore Singapore $158 (October)
9 Flag of Hong Kong Hong Kong $142 (October)
10 Flag of Germany Germany $126 (September)
Large reserves are often seen as a strength, as it indicates the backing a currency has. Low or falling reserves may be indicative of an imminent bank run on the currency or default, such as in a currency crisis.

Foreign exchange reserves are important indicators of ability to repay foreign debt and for currency defense, and are used to determine credit ratings of nations, however, other government funds that are counted as liquid assets that can be applied to liabilities in times of crisis include stabilization funds, otherwise known as Sovereign wealth funds. If those were included, Norway and Persian Gulf States would rank higher on these lists, and UAE's $1.3 trillion Abu Dhabi Investment Authority would be second after China. Singapore also has significant government funds including Temasek Holdings and GIC. India is also planning to create its own investment firm from its forex reserves.

(http://en.wikipedia.org)

9.11.07

75 Years Ago - The election of November 8, 1932

75 Years Ago FDR Read the Results Right, and Took a Left Turn

by John Nichols


Seventy-five years ago today, the American people rejected not just a president — Herbert Hoover — but a royalist vision of federal policymaking that had allowed tens of millions of citizens to suffer as the Great Depression swept across the land.

The election of November 8, 1932, is now generally accepted as one of the great realigning moments in U.S. politics, the point at which the country took the great leap forward from a past that favored limited federal and state involvement in economic affairs — except where it came to securing the interests of the wealthy — and embraced a more humane and democratic approach to governing.

To be sure, that approach has been under assault in recent decades. Yet, Social Security remains, as does the the Federal Deposit Insurance Corporation, and the Fair Labor Standards Act and the minimum wage. Those of us with roots in small-town America still enjoy the benefits of Rural Electrification. And Americans of every region, race and religion retain at least a few of the liberties that were defined and protected by Roosevelt-nominated Supreme Court Justices William O. Douglas, Hugo Black and Felix Frankfurter. There’s still a Securities and Exchange Commission, which sometimes does its job, and a Federal Communications Commission, which could yet be redeemed by the appointment of a new chairman.

The agent of these reforms — and the fundamental shift in the American experience they embodied — was Franklin Delano Roosevelt, the Democrat who displaced Republican Hoover. But it is important to remember that Roosevelt, the most patrician of our nation’s many patrician politicians, did not compete in the 1932 election as the radical reformer that he became. The Democratic platform of that year was a cautious document, dictated by fear itself rather than the boldness that would later be associated with Roosevelt.

What made Roosevelt so remarkable, and so radical?

The results that were tabulated 75 years ago this evening influenced FDR to evolve his policies in a direction that was more egalitarian and democratic — his critics still use the term “socialistic,” and they are not entirely wrong. It was that evolution that redefined not just American politics but America.

Roosevelt won a stunning victory in 1932. He secured 57.4 percent of the popular vote, as compared with just 39.7 percent for Hoover. The Democrat carried 42 states, most by wide margins, while the Republican won just 6.

But those numbers do not begin to tell the whole story of what happened on that distant November 8. Roosevelt’s popular vote total of 22,821,277 was 52 percent higher than that received by Al Smith, the Democratic nominee in the election of four years earlier. The Roosevelt landslide was sufficient to create a coat-tail effect that dramatically increased a narrow Democratic majority in the House of Representatives and gave the party control of the Senate.

A total of 97 new Democrats were elected to the House, most of them young and left-leaning. Their numbers were augmented by five members of the Minnesota Farmer-Labor Party, who made no apologies for their radicalism. Thus, 73 percent of the seats in the House (313 out of 435) were held by members who had been elected on pledges to alter the economic equation to favor Main Street over Wall Street. Even some Republicans, especially from New York state and the upper Midwest, espoused a progressive vision that was to the left of what Roosevelt advocated while campaigning in 1932.

Nine Republican senators were defeated that year by the Democrats, who also won three open seats. This shifted control of the chamber from 48-47 Republican to 59-36 Democratic with one Farmer-Laborite. A half dozen “insurgent” Republican senators stood with Roosevelt or to his left on economic issues.

The congressional majorities would free Roosevelt to move steadily to the left, knowing that if he did not make the shift Congress would force his hand on a host of relief measures and related economic initiatives. And Roosevelt was inclined to move. It was not just the size of the Democratic landslide that influenced him. It was the clear evidence that many American voters were looking to the left of new president and his party for responses to the economic crisis.

On November 8, 1932, more than a million Americans — almost three percent of the electorate — cast ballots for presidential candidates who proposed far more radical changes than “a new deal.” Socialist Norman Thomas won 884,885 votes, for a 230 percent improvement in his party’s total. Communist William Z. Foster won 103,307 votes, for a 112 percent increase in his party’s total — and its best finish ever in a presidential race. And southern populist William Hope Harvey, who had helped manage Democratic populist William Jennings Bryan’s 1896 presidential campaign, secured another 53,425 votes.

Roosevelt was conscious of the fact that, in a number of states outside the south, the combined vote for the Socialists and Communists edged toward 5 percent of the total. Shortly after the election, the president-elect met with Thomas, a former associate editor of The Nation, and Henry Rosner, a frequent contributor to The magazine who had authored the Socialist Party’s detailed 1932 platform and who would go on to be a key aide of New York Mayor Fiorello LaGuardia.

The new president did not adopt the whole of the Socialist platform. But, as historian Paul Berman observed, “President Franklin D. Roosevelt lifted ideas from the likes of Norman Thomas and proclaimed liberal democratic goals for everyone around the world…” FDR’s borrowing of ideas about Social Security, unemployment compensation, jobs programs and agricultural assistance from the Socialists was sufficient to pull voters who had rejected the Democrats in 1932 into the New Deal Coalition that would sweep the congressional elections of 1934 and reelect the president with 61 percent of the popular vote and 523 of 531 electoral votes in 1936 — the largest Electoral College win in the history of two-party politics.

As for Norman Thomas, he ran again in 1936, conducting what Time magazine would refer to as “a more civilized and enlightened campaign than any other candidate.” But he amassed only 187,910 votes, for 0.4 percent of the total.

Thomas would joke that, “Roosevelt did not carry out the Socialist platform, unless he carried it out on a stretcher.” That was a slightly bitter variation on the old Socialist’s acknowledgment that FDR had read the results of the 1932 election right.

That process began 75 years ago this evening, when Franklin Roosevelt recognized that, while Americans had chosen him as their president, they signaled their intention that America should turn left.

John Nichols is a co-founder of Free Press and the co-author with Robert W. McChesney of TRAGEDY & FARCE: How the American Media Sell Wars, Spin Elections, and Destroy Democracy — The New Press.

(http://www.commondreams.org)

Facts regarding Giuliani prostate cancer radio ad

This Is One Dangerous Man: It’s George Bush with Brains

New York’s former mayor Rudy Giuliani is living up to his reputation as someone who
will do and say anything for power
by Michael Tomasky

...

You may by now have heard the story. In a radio ad that his campaign prepared for New Hampshire voters, Giuliani tells listeners that he was diagnosed with prostate cancer in 2000 and goes on to say: “My chance of surviving cancer - and thank God I was cured of it - in the United States: 82%. My chances of surviving prostate cancer in England: only 44% under socialised medicine.”

The numbers are false. The actual five-year survival rate in Britain is 74%, which is still lower than America’s, but obviously high enough for the figure not to have constituted fodder for a campaign commercial. (Even the remaining, much smaller difference, is largely explained by more widespread screening in the US, which catches many more incidents of prostate cancer that are non-lethal).

It turned out that Giuliani’s numbers were from a seven-year-old article in a conservative policy journal. The article was written by his own healthcare policy adviser, who admitted that his comparison was a “crude” interpretation of a study by a respected health policy group. The group, in turn, said the article’s author had grossly misused its numbers.

...

Giuliani’s hypocrisy with regard to this ad doesn’t end with the fake statistics. As Joe Conason noted on www.Salon.com, Giuliani was at the time of his treatment the mayor of New York and enrolled in a nonprofit health maintenance organisation for government employees - that is, mini-socialised medicine. And as Ezra Klein noted on Comment is free, the treatment that saved Giuliani was developed in Denmark - which, as Klein drolly notes, “is both in Europe and has a universal healthcare system”.

...

(http://www.commondreams.org)

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