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The Northern Alliance has reportedly brought up over 1,000 front line troops to make a push for the Mazar-e-Sharif. US planes flew over 65 strikes on the same area including hitting a Taliban command center 5-miles behind the front lines. The London Daily Telegraph reports that in the wake of four British Muslims being killed while fighting for the Taliban in Afghanistan, the British Ministry of Defense issue a warning to other British Muslims contemplating going on Jihad. The Ministry said that by doing so British Muslims can be put on trial for treason and could forfeit their citizenship. Sunrise, an Asian radio station in London, recently canvassed 500 Muslims living in Greater London. The ages of the sample were between 20 and 45. The station reports 91% of those responding believe the current war in Afghanistan is a war between the Christian West and the Islamic East. 98% say they would not fight for Britain in such a war, but 48% said they would fight for Al-Qaeda or for Islam. (Wonder what that kind of survey would find in the US?) The Bush Administration has begun to "tighten up" loopholes in US immigration policies. Bush announced the formation of a Foreign Terrorists Tracking Task Force and said US authorities will check on immigrants who enter the United States on visas to make sure they actually go where they claim they are going or attend the schools they say they are attending. Unbelievably, something the government never did before. Iraqi President Saddam Hussein warned Tuesday that the US war on terrorism could spread beyond Afghanistan (namely to Iraq) and called on Islamic countries to join together to defeat the United States. The chairman of CNN has ordered his staff to balance images of civilian devastation in Afghan with reminders that the Taliban is made up of fanatical terrorists who killed 6,000 innocent Americans. NYTimes reporter Tom Friedman reminds readers with all the talk about stopping the bombing during Ramadan because it might hurt the sensibilities of Islamics, it might make sense to remember the “6 Day War.” Do you know when the Arabs attacked, asked Friedman? During Ramadan. In fact, in the Middle East it was known as the “Ramadan War.” Didn’t seem to bother them then, said Friedman. Or maybe they can attack during Ramadan but they can’t be attacked during Ramadan. (Good point) NEW JETS & LIMOS ON THE WAY, The Washington Times reports the American Red Cross admitted today that some of the $550 million in donations collected to aid victims of the Sept 11 attacks has been used for other purposes. Officials admitted some of the money has been spent on new computers. The Chronicle of Philanthropy reported that since Sept. 11, more than $1.04 billion has been raised by charities for relief efforts. Of those moneys the Red Cross has reportedly paid out only about 10% to families in need. United Way has paid out less than 5%. The Twin Towers fund has paid out less than 2%. The huge amounts of money collected and the subsequent lack of dispersal could become the next major scandal in the US. An Arizona congressman has already called on the House Ways and Means subcommittee to hold a hearing on Sept. 11 fund raising as early as next week. The Hackensack Record reports Passaic County, NJ prosecutors filed a forfeiture action against a Craftsman riding lawn mower belonging to a 45-year old crippled. The man who suffers from spinal meningitis allegedly uses the mower not to cut the grass but for mobility when he feels the need to get out and flash women in his neighborhood. According to police, the individual was caught in the act in August and tried to flee from police on the riding mower. Tuesday US consumer confidence was reported much weaker than anticipated. The Conference Board announced US consumer confidence fell to 85.5 from 97 the month before. It was the weakest reading in 7-years. The markets had generally expected a drop but only to 95, not to 85. That plus continued worry over another possible terrorist attack this week kept stocks on the ropes Tuesday. The Dow closed down 147.52 at 9121.98. The Nasdaq finished the day down 32.11 at 1667.41. The broader indexes were also down. The S&P-500 closed down 18.551 and the NYSE Composite closed down 9.11. Bonds rallied on the weaker consumer confidence number and weaker stock prices. This morning Asian-Pacific equity markets are down for the 4th day. The yen is about unchanged at 121.92. In Europe equity markets are doing better however, and the euro is also about unchanged at 90.47 US cents. US equity markets are up across the board in early trading and bonds are weaker this morning. Today US markets get the government’s first estimates of 3rd Q GDP. It is expected to post a negative 1%. The price deflator is expected to be up 1.6%. Also markets get the Chicago Purchasing manager’s survey. That is expected to post a reading of 43, down from 46.6. Comment List |
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