CUERNAVACA, Mexico – Two hundred Mexican Navy marines stormed an upscale apartment complex and killed a reputed drug cartel chief in a two-hour gunbattle, one of the biggest victories yet in President Felipe Calderon’s drug war.

Arturo Beltran Leyva, the “boss of bosses,” and six members of his cartel died in the shootout Wednesday in Cuernavaca, just south of Mexico City, according to a navy statement Thursday. Read the full story

The latest calculation of the National Debt as posted by the Treasury Department has – at least numerically – exceeded the statutory Debt Limit approved by Congress last February as part of the Recovery Act stimulus bill.

The ceiling was set at $12.104 trillion dollars. The latest posting by Treasury shows the National Debt at nearly $12.135 trillion.

A senior Treasury official told CBS News that the department has some “extraordinary accounting tools” it can use to give the government breathing room in the range of $150-billion when the Debt exceeds the Debt Ceiling. Read the full story

I found this to be quite the interesting (and somewhat surprising) choice for 2009’s Person of the Year. What are your thoughts and opinions on TIME’s choice?

Ben Bernanke named Time Person of the Year Read the full story

What are your thoughts on this one? Fox News aired a segment suggesting the federal government lower the minimum wage to help workers and the economy. I’m not too sure this is something that would be called for during the economic times we are currently in.

Credit f0r the video to RawStory.com

Feds reject Army snub of Texas plant

GAO decision buoys Sealy plant’s effort to keep truck contract Read the full story

A medical marijuana dispensary in Denver has decided to get creative and make the business into a full-service restaurant that caters to those who need to use medicinal marijuana to ease physical ailments.

The owner of Ganja Gourmet located at 1810 South Broadway Avenue said the restaurant will “aim to help distribute medicinal marijuana to those licensed to have it and provide an atmosphere where patients can visit with one another in a safe environment.” Read the full story

Cash from organized crime ‘rescued’ banks during crisis: UN official

The vast majority of an estimated $352 billion in proceeds of organized crime, mostly from the drug trade, was funneled through the global banking system during the financial crisis of the past two years, and in some cases, the money rescued banks from collapse, says the head of the UN Office on Drugs and Crime.

Antonio Maria Costa told the UK Observer that intelligence agencies and prosecutors alerted him 18 months ago to evidence that drug money was being “absorbed into the financial system.”

“In many instances, the money from drugs was the only liquid investment capital,” Costa said. “In the second half of 2008, liquidity was the banking system’s main problem and hence liquid capital became an important factor.”

The Observer reports:

Some of the evidence put before his office indicated that gang money was used to save some banks from collapse when lending seized up, [Costa] said.

“Inter-bank loans were funded by money that originated from the drugs trade and other illegal activities… There were signs that some banks were rescued that way.” Costa declined to identify countries or banks that may have received any drugs money, saying that would be inappropriate because his office is supposed to address the problem, not apportion blame. But he said the money is now a part of the official system and had been effectively laundered.

Gangs are now believed to make most of their profits from the drugs trade and are estimated to be worth £352bn, the UN says. They have traditionally kept proceeds in cash or moved it offshore to hide it from the authorities. It is understood that evidence that drug money has flowed into banks came from officials in Britain, Switzerland, Italy and the US.

Read the complete Observer article here.

Costa has been head of the UN’s drug and crime office since 2002, and is known for his tough stance on illicit drugs, including marijuana. He recently warned that Africa is becoming a major drug hub, following an investigation into the crash of a Boeing 727 in Mali that had flown in from Venezuela carrying 10 tons of cocaine.

ARTICLE FROM The Observer:

Drug money saved banks in global crisis, claims UN advisor

Drugs and crime chief says $352bn in criminal proceeds was effectively laundered by financial institutions

Drugs money worth billions of dollars kept the financial system afloat at the height of the global crisis, the United Nations‘ drugs and crime tsar has told the Observer.

Antonio Maria Costa, head of the UN Office on Drugs and Crime, said he has seen evidence that the proceeds of organised crime were “the only liquid investment capital” available to some banks on the brink of collapse last year. He said that a majority of the $352bn (£216bn) of drugs profits was absorbed into the economic system as a result.

This will raise questions about crime’s influence on the economic system at times of crisis. It will also prompt further examination of the banking sector as world leaders, including Barack Obama and Gordon Brown, call for new International Monetary Fund regulations. Speaking from his office in Vienna, Costa said evidence that illegal money was being absorbed into the financial system was first drawn to his attention by intelligence agencies and prosecutors around 18 months ago. “In many instances, the money from drugs was the only liquid investment capital. In the second half of 2008, liquidity was the banking system’s main problem and hence liquid capital became an important factor,” he said.

Some of the evidence put before his office indicated that gang money was used to save some banks from collapse when lending seized up, he said.

“Inter-bank loans were funded by money that originated from the drugs trade and other illegal activities… There were signs that some banks were rescued that way.” Costa declined to identify countries or banks that may have received any drugs money, saying that would be inappropriate because his office is supposed to address the problem, not apportion blame. But he said the money is now a part of the official system and had been effectively laundered.

“That was the moment [last year] when the system was basically paralysed because of the unwillingness of banks to lend money to one another. The progressive liquidisation to the system and the progressive improvement by some banks of their share values [has meant that] the problem [of illegal money] has become much less serious than it was,” he said.

The IMF estimated that large US and European banks lost more than $1tn on toxic assets and from bad loans from January 2007 to September 2009 and more than 200 mortgage lenders went bankrupt. Many major institutions either failed, were acquired under duress, or were subject to government takeover.

Gangs are now believed to make most of their profits from the drugs trade and are estimated to be worth £352bn, the UN says. They have traditionally kept proceeds in cash or moved it offshore to hide it from the authorities. It is understood that evidence that drug money has flowed into banks came from officials in Britain, Switzerland, Italy and the US.

British bankers would want to see any evidence that Costa has to back his claims. A British Bankers’ Association spokesman said: “We have not been party to any regulatory dialogue that would support a theory of this kind. There was clearly a lack of liquidity in the system and to a large degree this was filled by the intervention of central banks.”

Jesse Ventura recently went on Howard Stern’s radio show, and discussed many interesting topics. The two touched on everything from Jesse Ventura’s new television show ‘Conspiracy Theory’, September 11th conspiracies, life as a former governor, and Jesse’s claim that he can prove who really killed J.F.K.

The Los Angeles City Council on Wednesday delayed a vote on a much-anticipated medical marijuana ordinance, asking planning officials to return next week with information on how many dispensaries could be closed because they are near homes, schools and public gathering sites.

Council members indicated a vote could come in January on the draft ordinance, which would provide guidelines to greatly reduce the number of marijuana storefronts and push them out of neighborhoods and into industrial areas. The City Council agreed Tuesday to limit the number of dispensaries to 70. Read the full story

A joint venture between the UK’s Shell and Malaysia’s Petronas oil companies has won the right to develop Iraq’s giant Majnoon oil field.

A total of 44 companies took part in a bid for 10 fields in the second such auction since the invasion in 2003.

Shell and Petronas beat a rival bid from France’s Total and China’s CNPC. Read the full story

Police Accused of Violating Human Rights at COP

Copenhagen Police Accused of Violating Human Rights at UN Summit

Danish police have indiscriminately arrested hundreds of climate justice activists during a climate change protest made up of 100,000 people that took place today in Copenhagen. Questions have been raised about the fact that the arrests occurred in a different time and place to where some trouble had momentarily flared earlier in the day. Journalists have been restricted from reporting at the site of the arrests since 1800hrs.

It’s estimated that 100 people are still being held on the road in extremely cold weather, cuffed and forced into seated positions in lines (1). They have expressed severe physical discomfort and have no access to water, medical attention or toilet facilities since 1530hrs. Many activists are reported to have urinated themselves while detained on the ground.

An estimated 200 have been removed from the site and taken away in coaches. Several people are reported to have fainted around 1945hrs.

Helga Matthiassen, who was detained for an hour before being released due to an injury she had recently sustained, said, “Of course we’re angry – people all over the world are angry about being lied to by governments who are making a corporate deal at the climate talks, and now when we try to protest against this on the streets we are randomly held by police.

“Not only have we been denied the right to protest, but our basic human rights have also been ignored in this ludicrous, staged police exercise. It seems Danish Police have a new motto: why just criminalise protesters, when you can dehumanise them too?” (2)

ENDS

Contact: 0045 5066 9028 (International)
0045 4129 4994 (Danish)
media@climate-justice-action.org

_______________________________________

NOTES TO EDITORS
(1) http://twitpic.com/t7dts
(2) See Helga interviewed on TV2 News, 2015 broadcast http://news.tv2.dk/?channel

Twitpic:

(Source: http://twitpic.com/t7dts )

Copenhagen climate summit: 1,000 anarchists arrested

http://www.telegraph.co.uk/earth/copenhagen-climate-change-confe/6799264/Copenhagen-climate-summit-1000-anarchists-arrested.html

Nearly 1,000 people were arrested in Copenhagen yesterday as anarchists and left-wing activists fought running street battles with police in the Danish capital as negotiations continued at the climate summit.

Cobble stones were thrown through the windows of the former stock exchange building and foreign office buildings in the city, but police made a large number of pre-emptive arrests under a controversial anti-hooligan law.

Suspected troublemakers were herded into a closed-off street, made to sit down and then tied up with plastic cuffs. They were then bused to a detention centre set up for the climate conference.

Police said four cars were set on fire during the evening. One policeman was hurt by a stone and a Swedish man injured by a firework.

“You don’t have to use that kind of violence to be heard,” said Connie Hedegaard, the Danish minister presiding at the United Nations talks. She condemned rioters after welcoming the main march at a candlelit vigil outside the conference centre.

One activist group accused the police of abuse complaining people had been forced sit on the road for hours in near-freezing temperatures.

The day’s main demonstration – a march involving 40,000 people – remained good natured but there remain fears that a hard-core of more violent demonstrators may still be waiting until later in the week, when President Barack Obama and other world leaders will arrive, to protest.

Inside the Bella Centre, delegates at the COP15 climate summit gathered around flat-screen TVs, showing both the police crackdown and the peaceful rally of environmental compaigners.

Despite the protesters’ urgings, there are growing fears that the summit could degenerate into an undignified global squabbling match with poor nations accusing their rich counterparts of forging a “backroom deal” at a secret dinner.

The split that the meeting has exposed between wealthy and impoverished nations was laid bare with news that ministers from a select clique of 40 countries were dining together away from the summit venue.

The meal, held behind closed doors at an undisclosed location, was viewed as a last-ditch attempt to cobble together a politically acceptable deal after a week of discussions marred by in-fighting, and “greener than thou” posturing over who is most to blame for global warming. Ministers are desperate to have a document ready when heads of state arrive for the final stages of the two-week conference on Thursday.

Leading them will be Gordon Brown, who has fashioned himself as a global champion in the battle against climate change, and who is arriving ahead of other top statesmen in a bid to stamp his authority on the meeting.

But so far officials from 194 countries have failed to make any substantive agreements on even the most basic goals.

Arguments are still raging over targets and deadlines for limiting global temperature rise, as well as the extent to which rich nations should fund green projects for poor ones, and whether emerging economic superpowers like China should balance green considerations against much-needed development.

Washington and Beijing have also traded insults over whether China should fund its own green measures or receive handouts financed largely by the West.

With signs of an irreconcilable split growing between the large and powerful and the small and poor, last night’s dinner, attended by countries including Britain, the US, China and India – was viewed as an attempt by mostly bigger, better-off nations to strike a deal in private.

“A lot of the deals are done in back rooms but there has to be transparency at the same time,” said Keith Allott, of the World Wildlife Fund, which claims smaller nations are being left out of the process.

Ed Miliband, the Energy and Climate Change Secretary, attempted to paint a brighter picture of the conference, insisting he was optimistic of a deal by the time heads of state arrived.

“This remains difficult in process terms because we have 100 and something leaders arriving on Thursday and we have to get to an agreement by the time they leave,” he said.

“The world is doing what it has never done before, which is trying to peak emissions and see them fall. It is not a done deal, it remains in the balance.”

Mr Brown plans to travel to Copenhagen on Tuesday evening, a day earlier than planned, in an attempt to help “seal the deal”. Downing Street sources said the Prime Minister was expected to hold one-to-one meetings with key figures including Ban Ki-Moon, the UN Secretary-General.

He will attend a formal dinner on Thursday and an all-day session on Friday before returning to Britain that night. A source said: “He remains concerned that the commitment for a deal is still short of what is required.”

A productive meeting at Copenhagen is widely seen as being crucial to the credibility of the global campaign on climate change. But the first week saw slow progress. Rich and poor repeatedly clashed over the need to reduce greenhouse gases, with Africa and the small island states threatening to walk out unless the developed nations committed to deeper cuts.

Many of the exchanges were bad-tempered, souring an event that aspires to be a vehicle for better global co-operation. He Yafei, China’s vice minister of foreign affairs, said he was “shocked” at US climate change negotiator Todd Stern’s assertion that Beijing did not need any American money. “It’s not just about the US and China, it’s the whole international community,” he said, insisting that climate change was historically the fault of the West. “The US is a developed country and China is part of the developing countries. To tackle global climate change we need to work together.”

Ian Fry, the representative of the tiny Pacific island of Tuvalu, has also claimed that even the more vulnerable countries’ intended target to restrict global warming to a rise of 1.5C will leave his island underwater because of rising sea levels.

However, the G8 and major developing economies believe it is realistically impossible to restrict temperature rises to less than 2C. They have also accused developing nations of demanding more “go green” cash than they actually need.

After seven days’ negotiating there is so far only a draft agreement on the table. The framework for a possible “Copenhagen Protocol” talks about cuts for developed nations of between 25 and 45 per cent by 2020, and calls on rich nations to pay their poorer cousins to reduce their emissions. But blanks remain in what negotiators term the “square brackets” – where officials must eventually insert precise figures and dates.

There is also the question of making the agreement enforceable in law. Britain has already suggested that a further summit will be necessary in six months’ time to address the issue.

Obama accepts Nobel prize with ‘difficult questions’ about war and peace

Read the full story

When choosing between a degree and going to work, paying rent, buying groceries or supporting family members, many students are forced to drop out, said Jean Johnson of Public Agenda, a nonpartisan public policy research firm that conducted a telephone survey of more than 600 people ages 22 to 30 for the report.

The research reflects a “very, very different reality” than the common image most people have of college as “a place where a young person goes and they become an adult,” Johnson said. “So many of them are already assuming adult responsibilities.” Read the full story

SANTIAGO: A judge has ruled that the former Chilean president Eduardo Frei Montalva was assassinated nearly 30 years ago and the murder covered up by people linked to the dictatorship of General Augusto Pinochet.

Frei, who preceded Salvador Allende as Chile’s president and later became a leading critic of the military dictatorship, died in 1982. An autopsy report blamed septic shock after stomach hernia surgery, but a new autopsy made public this year by University of Chile pathologists identified two chemicals in his body that attack the digestive system. One of them is used in mustard gas and the other is found in rat poison. Read the full story

In a spectacular snafu, the Transportation Security Administration stupidly posted an entire airport screening procedures manual on a government website. The 93-page document included details on special screening rules for diplomats, CIA and law enforcement officers; a list of items for which screening is not required (like wheelchairs, casts, orthopedic shoes); and the fun fact that during peak travel times, TSA screeners who check IDs only use black lights to authenticate 25% of documents. Some of these secrets were revealed because, apparently, somebody erroneously believed they were redacted. But The Wandering Aramean blog, which discovered the oopsy, explains why that didn’t work:

They apparently don’t understand how redaction works in the electronic document world. See, rather than actually removing the offending text from the document they just drew a black box on top of it. Turns out that PDF documents don’t really care about the black box like that and the actual content of the document is still in the file. Read the full story

via http://www.disinfo.com/

WASHINGTON — The Obama administration plans to announce a new policy on Wednesday to curb the spread of biological weapons, but it will reaffirm the Bush administration’s opposition to an international regimen for verifying stockpiles of anthrax, smallpox and other agents.

The policy, to be disclosed in a speech in Geneva by the undersecretary of state for arms control and international security, Ellen O. Tauscher, will focus on increasing health security to reduce the impact of outbreaks of infectious disease, whether natural or man-made, administration officials said Tuesday. Read the full story

Painkillers are causing twice the number of overdose deaths in Ontario than they were two decades ago, a precedent-setting study has found. Most of the people these opioid-related drugs are killing got them through a prescription and had seen a doctor in the month before they died.

The increase mirrors a dramatic rise in prescriptions for oxycodone, a potent opiate found in OxyContin and Percocet that has proliferated in an epidemic of chronic pain that has turned Canadians into a nation of pill-poppers – using more prescription opioids per capita than any country but the United States and Belgium. Read the full story