Earlier in the week the world’s stock markets went into euphoria over the trillion-dollar bailout of the euro. That has now passed, and all European stock markets dropped dramatically today, with the U.S. counterparts falling somewhat less precipitously. Shares on the Portuguese market suffered the most, plummeting by 8%. It seems that once investors took a close look at the infusion of liquidity into the euro-zone, they realized that it was not really a solution, but simply a postponement of a problem that will only get worse as time passes.
In other news, American intelligence officials believe that Iran is releasing Al Qaeda terrorists whom it has held in prison for years, in order to replace the fighters that have been killed by drone attacks in Pakistan.
Thanks to Barry Rubin, C. Cantoni, Diana West, Fjordman, heroyalwhyness, Insubria, JD, JP, Paul Weston, Steen, Vlad Tepes, Zenster, and all the other tipsters who sent these in.
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Here’s a whopper buried in tonight’s GoV News Feed:
Interfaith Meeting Rocked by Terror Accusation
From the Article: Chief conduit
ISNA, through its affiliate the North American Islamic Trust – a Saudi government-backed organization – reportedly holds the mortgages on 50 to 80 percent of all mosques in the U.S. and Canada. [emphasis added]
There must be some way of recovering damages related to the 9-11 atrocity from this Saudi organization. Imagine impacting the mortages of 50-80% of the mosques in America. Elsewhere in the article, it states that:
WND previously attended a Muslim Students’ Association event at which speakers called for violence against the U.S..
You may recall a recent Gates of Vienna article about another MSA member who − after some mild prodding − openly advocated genocide against the Jews.
Quote: “There must be some way of recovering damages related to the 9-11 atrocity from this Saudi organization.” – Zenster
Obama’s Supreme Court nominee, Elena Kagan helped shield Saudis from 9/11 lawsuits