Monthly Archives: October 2012

News

Man shot at Atlanta-area megachurch; suspect on the loose

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A man entered a chapel at an Atlanta-area megachurch headed by televangelist Creflo Dollar and shot another man on Wednesday, police said.

The shooting happened at the chapel at World Changers Church International’s main campus in College Park, Ga. Fulton County police told NBC News the shooting happened around 9:55 a.m. The victim was transported to South Fulton Hospital.

WXIA-TV and the Atlanta Journal-Constitution, citing Fulton County fire and police officials, reported that the victim died. WXIA reported that the victim was a 48-year-old church staff member.

The suspect, described as a man in his 30s wearing a suit and tie, fled the scene, WXIA reported.

World Changers Church has about 20 campuses throughout the country. The church founded by Dollar claims about 30,000 members and has an $18 million, 8,500-seat sanctuary about 15 miles from downtown Atlanta.

Dollar, who’s known for his pinstriped suits and charismatic sermons, has written several books offering followers his advice on how to get out of debt and take lessons from the Bible in building wealth so they can better live as Christians.

more at Man shot at Atlanta-area megachurch; suspect on the loose – U.S. News.

News

Third Presidential Debate: Lynn University, Boca Raton, Florida

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President Obama and Republican hopeful Mitt Romney are preparing for the final of the Presidential election debate in Florida. This final debate will take place on Monday 22nd, October. No Presidential election is unimportant, but this year is arguably the most important election we have had for many years. Obama and Romney have very different ideological stand points, and America is clearly facing many challenges.

After the first two debates Romney has made gains in the polls and is now ahead of the President in some polls, with others have the result tied.

The third debate will focus mainly on foreign policy. Libya was a major clashing point for the second debate. President Obama is in Camp David preparing of the debate, and Romney is preparing in Florida.

News

EU Summit: Europe Moves Towards a Banking Union

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This week leaders from across Europe have been meeting to discuss the continued crisis across the eurozone. The talks have centred around increasing integration of the eurozone banking sector. The talks have been hailed as a success by French President Francois Hollande, and other European leaders, after agreement was reached as to increasing integration of the banking system. The Single Supervisory Mechanism (SSM) will be put it place by January 1st 2013, and will make it possible for the new European Stability Mechanism to be used recapitalise European banks, without increasing sovereign debt. The SSM is thought to be the first step towards a full banking union across the eurozone.

This is particularly important for Spain, who’s banks are still a major cause for concern, and many hope they will be able to hold out until the SSM is in place.

Germany has voiced concerns over the speed of banking integration, warning that the road map for the setting up of the SSM may not be long enough, due to the complex legal issues that have to be worked through.

The UK is also uneasy about the prospect of a full banking union within the eurozone. Although Britain are not part of the euro, the City of London by far has the largest banking sector in Europe, and it is feared that in any future decisions about financial regulation the UK will be outvoted.

However, the Summit was overshadowed by the continuing chaos in Greece, with fresh anti-austerity protests, in which a man died. Greece could run out of money by the end of November. The EU are awaiting a key report from the “troika” of international lenders – the ECB, European Commission and International Monetary Fund. The findings of the report will be key in deciding whether or not to give Greece any more money.

News

Rupert Murdoch eyes bid for LA Times – Telegraph

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Rupert Murdoch

Rupert Murdoch’s media group is understood to be interested in purchasing the Los Angeles Times as well as the Chicago Tribune from the creditors of the papers’ bankrupt owner, Tribune Company, which is attempting to extricate itself from Chapter 11 bankruptcy protection.According to reports by the Los Angeles Times and Reuters, News Corp executives, including Mr Murdoch’s youngest son, James, have flown to Los Angeles twice this month for early stage talks to buy the papers in a deal which could be worth $400m £249m.

News Corp sources attempted to play down the reports last night.“Reports that News Corporation is in discussions with Tribune or the LA Times are wholly inaccurate,” a spokesman said.Mr Murdoch, the News Corp chairman, is said to have long coveted the Los Angeles Times and buying the papers would strengthen News Corp’s grip on the US newspaper industry

The Tribune Company went into bankruptcy four years ago after collapsing under the weight of debt that resulted from a leveraged buy-out, combined with a downturn in advertising revenue following the financial crisis.

The company also owns 23 television stations and is thought likely to attract interest from a range of buyers.The prospect of Mr Murdoch buying the two newspapers is likely to be challenged by some News Corp shareholders, who ascribe little value to the newspaper business. News Corp shares have jumped more than 40pc in the past 12 months because the company is putting $10bn of its cash into buying back shares, rather than large acquisitions.

A swoop for two of America’s most historic papers would come just as a majority of News Corp’s independent shareholders voted for the first time to appoint an external chairman for the group. The resolution presented at News Corp’s shareholder meeting last week was defeated because the Murdoch family control almost 40pc of the voting rights, but underlined the growing appetite to loosen the Rupert Murdoch’s grip on the business.Mr Murdoch’s last major deal for a newspaper was the $5.6bn he paid in 2007 for Dow Jones, the publisher of The Wall Street Journal.

The 81-year-old may also be emboldened to make a bid be-cause over the summer News Corp announced a plan to spin off its publishing business, which includes newspapers. Mr Murdoch will be chairman of the business but has yet to name a chief executive.

via Rupert Murdoch eyes bid for LA Times – Telegraph.

News

China under spell of Tibetan Buddhism?

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The leading Chinese Social Sciences division of its government indicated this week that they would be funding a project to create a Tibetan Buddhist dictionary.

The dictionary will include terminologies, old books, records, figures and locations all related to Tibetan Buddhism.

The dictionary will be available in Tibetan and Chinese.

Indianexpress.com

News

25th anniversary of Black Friday

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Markets are down almost as if due to the memories of that incident.

Dow Tumbles 200, All 30 Components Lower

CNBC.com | October 19, 2012 | 03:22 PM EDT
Stocks added to their sharp sell-off Friday, on track to log their worst one-day drop in almost four months, pressured by some disappointing quarterly results that highlighted the global economic slowdown.

The Dow Jones Industrial Average plunged more than 200 points, wiping out all of its gains for the week. All 30 Dow components traded lower, led by McDonald’s [ MCD 88.77 -4.09 (-4.40%) ] and GE [ GE 22.03 -0.78 (-3.42%) ]. The last time the Dow fell more than 200 points was in June.

The S&P 500 and the Nasdaq also slumped to session lows. The CBOE Volatility Index, widely considered the best gauge of fear in the market, spiked more than 15 percent to trade above 17.

All key S&P sectors were firmly in negative territory, led by materials and techs.

Friday also marks the 25th anniversary of Black Monday, when the U.S. stock market went into a free fall and the Dow lost 22.6 percent in a single trading session.

http://mobile.cnbc.com/breaking_news/49476313

News

Bangladeshi man arrested after allegedly trying to blow up Fed building in NYC

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Federal authorities arrested a Bangladeshi national Wednesday morning for allegedly plotting to blow up a Federal Reserve Bank in New York Citys lower Manhattan, mere blocks away from the site of the terrorist attack of Sept. 11, 2001. The bank is one of 12 branches around the country. The 21-year-old suspect, Quazi Mohammad Rezwanul Ahsan Nafis, attempted to detonate what he thought was a 1,000-pound bomb in front of the Fed building on Liberty Street, but the device was a fake supplied to him by undercover FBI agents who had been tracking his activity, the FBIs Joint Terrorism Task Force said Wednesday afternoon.

The supposed explosives posed no threat to the public, the FBI said. A criminal complaint accuses Nafis of having overseas connections to Al Qaeda and travelling to the U.S. in January to recruit individuals to form a terrorist cell and conduct an attack on American soil. He came under the guise of going to school in Missouri on a student visa. One of Nafis potential recruits was an FBI source, who alerted authorities, the FBI said.

A federal law enforcement official told Fox News that there was no evidence Nafis was directed by Al Qaeda to carry out this attack, though he appears to have thought he was working for the terrorist group.At one point, according to criminal complaint, Nafis told undercover agents: “I dont want something thats like, small. I just want something big. Something very big … that will shake the whole country, that will make America, not one step ahead, change of policy, and make one step ahead, for the Muslims … that will make us one step closer to run the whole world.” A U.S. official told Fox News that President Obama was Nafis first target, but the criminal complaint only refers to “a high-ranking official.” The complaint also mentions the New York Stock Exchange as a proposed target.

The FBI cites a written statement obtained from Nafis, in which he said he wanted to “destroy America” and determined that the best way to achieve that goal was to target the economy. He also referenced quotes from “our beloved Sheikh Osama bin Laden”. Nafis appeared in federal court in Brooklyn to face charges of attempting to use a weapon of mass destruction and attempting to provide material support to Al Qaeda. Wearing a brown T-shirt and black jeans, he was ordered held without bail and did not enter a plea. His defense attorney had no comment outside court. “Attempting to destroy a landmark building and kill or maim untold numbers of innocent bystanders is about as serious as the imagination can conjure,” FBI Acting Assistant Director-in-Charge Galligan said. “The defendant faces appropriately severe consequences”. NYPD Commissioner Raymond Kelly noted that there have been 15 terrorist plots targeting the city since the attacks of Sept. 11, 2001. “Al Qaeda operatives and those they have inspired have tried time and again to make New York City their killing field,” Kelly said. “After 11 years without a successful attack, its understandable if the public becomes complacent. But thats a luxury law enforcement can’t afford.”

more at Bangladeshi man arrested after allegedly trying to blow up Fed building in NYC | Fox News.

Opinion

SOME FAMOUS QUOTES

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Great Orators of the Democrat Party

” One man with courage makes a majority.” – Andrew Jackson

“The only thing we have to fear is fear itself.” – Franklin D. Roosevelt

“The buck stops here.” – Harry S. Truman

“Ask not what your country can do for you; ask what you can do for your country.” – John F. Kennedy

And, from today’s genius Democrats…

“It depends what your definition of ‘Sex’ is?” – Bill Clinton

“That Obama … I would like to cut his nuts off.” – Jesse Jackson

“Those rumors are false … I believe in the sanctity of marriage.” – John Edwards

“I invented the Internet.” – Al Gore

“The next Person that tells me I’m not religious, I’m going to shove my rosary beads up their ass.” – Joe Biden

“America is – is no longer, uh, what it – it, uh, could be, uh, what it was once was – uh, and I say to myself, uh, I don’t want that future, uh, for my children.” – Barack Obama

“I have campaigned in all 57 states.” – Barack Obama (Quoted 2008)

“You don’t need God anymore, you have us Democrats.” – Nancy Pelosi (Quoted 2006)

“Paying taxes is voluntary.” – Sen. Harry Reid

“Bill is the greatest husband and father I know. No one is more faithful, true, and honest than he.” – Hillary Clinton (Quoted 1998)

And the most recent gem of wisdom from the “Mother Moron”:

“We just have to pass the Healthcare Bill to see what’s in it.” – Nancy Pelosi (Quoted March, 2010)

HOW LUCKY CAN WE BE – TO HAVE SUCH BRILLIANT MINDS IN CHARGE OF OUR ONCE GREAT COUNTRY?

”Life’s tough … it’s even tougher if you’re stupid.” – John Wayne

Go green – recycle Congress in 2012!

ABSOLUTELY!!!!