Sunday, December 13, 2009

BlackListedNews.com | December 13, 2009



No sucres will be printed or coined, but the virtual currency will be used to manage debts between governments while reducing reliance on the U.S. dollar and on Washington in general.

A new “Whack A Banker” amusement arcade game is proving so popular in Britain that the mallets used to clobber them are wearing out fast, its creator said.

The leaders of seven organisations – representing staff in state and private schools – insisted “excessive bureaucracy” was severely undermining pupils’ education.

For more than a decade the common currency among cybercriminals has been pilfered credit card numbers, but some underground hackers have learned how to drain money directly from corporate bank accounts.

The special session of parliament was called to question Iraq’s senior security chiefs, including the defense and interior ministers, about security gaps that allowed the third attack since summer against government sites in the capital.


Democrats plan to allow the government's debt to swell by nearly $2 trillion as part of a bill next week to pay for wars in Afghanistan and Iraq

Senate set to advance $1.1T spending bill

Members of Congress, like their constituents, are squeamish about such ideas, instead suggesting spending cuts or higher taxes on the rich. But with a lack of political will to do the former, and a practical ceiling to how much revenue can be milked from the latter, economists across the political spectrum say a consumption tax may be inevitable once the economy fully recovers.

Improvised explosives used by insurgents represent the top killer for warfighters in Iraq and Afghanistan, but now soldiers have a new tool for hunting down IED weapons caches.

The U.S. Army cost the taxpayer $32.8 million in developing the online videogame America’s Army, a recruitment tool, according to GameSpot.

Once again, China has snapped up — as part of a consortium with minority partner Total — one of two development contracts awarded by the Iraq Oil Ministry. In short, China’s hunger and desire to develop Iraqi oil fields has been unmatched by any other Western oil company.

Western oil majors are about to help Moscow solve its energy problem. And that could be a boon for investors.

It wasn’t a good day for the Department of Defense when Stars and Stripes scooped the Pentagon’s secret scheme to profile journalists covering the war. Seems that the Rendon Group—the tyrannosaurus rex of military public-relations contractors—was getting paid to weed out reporters who did not fit the command’s ideal of tractability.

The sprawling legislation would give the government new powers to break up companies that threaten the economy, create a new agency to oversee consumer banking transactions