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6/1 Roundup: The Bankruptcy of GM, Cuba, Barack Tutankhamun

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GMLeader: The Bankruptcy of General Motors


- General Motors filed for bankruptcy this morning, beginning a process that will leave the US government with a 60% stake in the company, and an unprecedented role as a business owner. President Obama is effectively pushing GM into bankruptcy, in the hopes that, after a brief period of nationalization, a smaller, sturdier GM will emerge, capable of competing in the international car market. The US will invest an additional $30 billion in GM, on top of the $20 billion previously committed. 


- Today's news is awash with sentimentality, looking back at this behemoth of American industry in its 101 years of existence. "What's good for General Motors is good for the country" is a saying that entered the lexicon, and is not altogether false.  Employing as many as 1 million people at points, including suppliers and dealers,  GM was the world's biggest company just ten years ago.  GM's demise (or reeducation, if you'd prefer) will be felt deeply around the country.


- A New York Bankruptcy judge cleared the way for Chrysler to exit bankruptcy by selling most of its assets to Italian car maker Fiat.  Chrysler could come out of bankruptcy as early as this week.


Politics


- George Tiller, a high-profile Kansas doctor who performed late-term abortions was shot and killed on his way to church yesterday by an anti-abortion activist.  The assassin is in custody.


- Cuba continues to express interested in closer relations with the United States, and in a trip to Latin America, Secretary of State Hillary Clinton is encouraging the thaw. Speaking at the inauguration for the new president of El Salvador, Clinton said:



Greater connections can lead to a better, freer future for the Cuban people. These talks are in the interest of the United States, and they are also in the interest of the Cuban people.



- The Las Vegas Sun reports that Nevada could be at the center of the battle over immigration reform.  Andres is quoted:



Immigration, Ramirez said, is a litmus test for Hispanic voters — if they think a candidate, or party, is hostile on the issue, they will show less interest in the candidate’s or party’s overall platform. This occurred in the 2008 election, analysts say. So the party could “risk alienating Hispanic voters more” by opposing a comprehensive bill, Ramirez said.



- Howard Fineman looks forward to President Obama's speech in Cairo, Egypt this Thursday.


Economy


- Treasury Secretary Tim Geithner is in China, and exchange rates are on the top of his agenda for discussion with his counterparts.


- Oil is at $67 per barrel, the highest it's been since November.


International


- An Air France jet bound from Brazil to Paris has disappeared over the Atlantic.  A search is underway off the coast of Brazil, in the hopes of finding the aircraft, which had 228 people aboard.


- The WaPo writes that US military and intelligence officials see a possibility for continued offensives by the Pakistani military in the Swat valley, combined with continued drone strikes near the Pakistani-Afghan border to seriously disrupt al-Qaeda in the region.


New From NDN


- Jake put together a backgrounder on Friday addressing the bankrupt Republican Party and bankruptcy policy. 


- Melissa posted on the President's weekly address, in which he promoted Sonia Sotomayor, his nominee for the Supreme Court.


One More Thing


- President Obama will speak in Egypt on Thursday, and he's already being compared to King Tut.


- On a recent trip to Five Guys burger joint, Obama learned about an intelligence agency he'd never heard of before.  Thanks, Five Guys!


- Last, Jeff Sessions seems to like Sonia Sotomayor, so perhaps there won't be much of a fight over her nomination after all.




Visit msnbc.com for Breaking News, World News, and News about the Economy






6/1 Roundup: The Bankruptcy of GM, Cuba, Barack Tutankhamun

[Source: Good Times Society - by The American Illuminati]


6/1 Roundup: The Bankruptcy of GM, Cuba, Barack Tutankhamun

[Source: News 4]


6/1 Roundup: The Bankruptcy of GM, Cuba, Barack Tutankhamun

[Source: News 4]


6/1 Roundup: The Bankruptcy of GM, Cuba, Barack Tutankhamun

[Source: Chocolate News]


6/1 Roundup: The Bankruptcy of GM, Cuba, Barack Tutankhamun

[Source: La News]

posted by tgazw @ 4:36 PM, ,

FNC: Justice Dept Drops Voter Intimidation Charges Vs. Black Panthers

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On Friday's Special Report with Bret Baier, FNC host Baier informed viewers that the Justice Department had dropped charges against New Black Panther members who engaged in blatant voter intimidation in Philadelphia last November. As previously documented by Newsbuster Noel Sheppard, last November Fox News ran a report by Rick Leventhal detailing the activity which was ignored by the mainstream media. On Friday's Special Report, Baier quoted a former 1960s civil rights lawyer: "The most blatant form of voter intimidation. They were positioned in a location that forced every voter to pass in close proximity to them. The weapon was openly displayed and brandished in plain sight of voters."


Below is a transcript of the report from the Friday, May 29, Special Report with Bret Baier on FNC, which aired during the show's "Political Grapevine" segment:


BRET BAIER: A lawsuit brought by the Bush administrationNew Black Panther Party has been dropped by the Obama Justice Department. The move comes despite an eye witness account of a You Tube video of the men seemingly attempting to scare away would-be voters on Election Day, an apparent violation of the 1965 Voting Rights Act. The civil complaint accused the men of coercion, making threats, intimidation, and hurling racial slurs while at a Philadelphia polling station on November 4. Prosecutors say one of the men brandished a night stick, which they called a deadly weapon.




A former 1960's civil rights lawyer said in an affidavit that it was, quote, "The most blatant form of voter intimidation. They were positioned in a location that forced every voter to pass in close proximity to them. The weapon was openly displayed and brandished in plain sight of voters." A Justice Department spokesman said officials obtained "an injunction that prohibits the defendant, who brandished the weapon, from doing so again. Claims were dismissed from the other defendants based on a careful assessment of the facts and the law."






FNC: Justice Dept Drops Voter Intimidation Charges Vs. Black Panthers

[Source: Good Times Society - by The American Illuminati]


FNC: Justice Dept Drops Voter Intimidation Charges Vs. Black Panthers

[Source: Cnn News]


FNC: Justice Dept Drops Voter Intimidation Charges Vs. Black Panthers

[Source: Television News]


FNC: Justice Dept Drops Voter Intimidation Charges Vs. Black Panthers

[Source: Wesh 2 News]


FNC: Justice Dept Drops Voter Intimidation Charges Vs. Black Panthers

[Source: Chocolate News]


FNC: Justice Dept Drops Voter Intimidation Charges Vs. Black Panthers

[Source: State News]

posted by tgazw @ 4:23 PM, ,

Repurpose: Hardware Hackers

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A documentary film by Jack Oatmon ( http://twitter.com/jackoatmon ).

A look into the hardware hacking community in Montreal, including the Foulab collective. Why are more and more hobbyists experimenting with hacks and circuit bends? What relationship does this imply about consumer society and technological advancement? Is this a real-world analog of ‘user generated content’?

Check out the lab: http://foulab.org/

Check out more music by XC3N: http://www.last.fm/music/XC3N


Related posts:


  1. New York City Hackers ...

  2. Chariots Of The Gods, Classic 1970 Documentary Based On Von Daniken’s Book Of The Same Name ** HIGHLY RECOMMENDED ...

  3. The Joseph Newman ‘Energy Machine’, Turning Matter Into Energy ...






Repurpose: Hardware Hackers

[Source: Good Times Society - by The American Illuminati]


Repurpose: Hardware Hackers

[Source: Health News]


Repurpose: Hardware Hackers

[Source: International News]

posted by tgazw @ 2:39 PM, ,

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