News Updates, 7/9

Editorial: Pope's New Encyclical Speaks Against, not for One-World Government and New World Order
Newspapers, blogs, talk-shows on radio and television are full of discussion over Pope Benedict XVI's supposed call for a "new world order" or a "one-world government." These ideas are, however, neither based in reality nor a clear reading of the Pope's latest encyclical, Caritas in Veritate, the release of which yesterday spawned the heated discussion.

Ginsburg: Abortion for Undesirable Populations
I am always amazed that the pro-abortion types don't slip up and tell the truth more often. Supreme Court Justice Ruth Bader Ginsburg just did. In an interview with the New York Times on Sotomayor Ginsburg opined that what she originally thought (read hoped) that Roe would result in Medicaid funded abortion:...

Catholic Church offers $100k adult stem cell grant
Hoping to contribute to end of use of embryos in research

Canadian Prime Minister in Communion controversy
Non-Catholic Stephen Harper receives Host at state funeral

Aussie priest pleads guilty to 29 sex offenses
Molesting dozens of boys at Catholic school in 70s, 80s

Philippine bombings halt UN food distribution
Military blaming Muslim separatists for church blasts

Man steals, smashes Virgin Mary statue from church
Incident caught on surveillance video gives police leads

Same-sex marriage foes reach Maine signature goal
Stop new law from going into effect, forces state vote

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Other Issues
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Parts of Britain "near an H1N1 epidemic"; 14 dead
Fourteen Britons who had contracted H1N1 flu have died and the rapid spread of infection in two areas of the country is close to epidemic level, health officials said on Thursday.

Obongo to Force IRA/401K Enrollment?
The plan calls for employers to set up mandatory automatic-enrollment IRAs, retirement accounts that allow for tax-deductible contributions.
[Government criminals want workers' money to fund their out-of-control spending. They do not care about the workers' retirement, Obongo's government "Death Care" program will see that the sick & elderly are "aborted" when .gov bureaucrats determine the euthanasia is the only "approved treatment!"]

Art Cashin: Stimulus Package Was a 'Hoax'
Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his stock-market outlook. Cashin reiterated his belief that another government stimulus package would be useless — because the first package was "part illusion, part hoax." And now that the economy's problems seem to be continuing, "the fire extinguisher's empty," he said.

FDIC May Ease Rules on Buyout Firms Purchasing Banks

Numbers Adding Up Against Obama's "Cap and Trade" Bill in the Senate

Swiss vow to block bank handing over data to USA

Justice Dept. demands UBS comply in tax evasion case

Transpacific box lines prepare to tear up contracts

Container Shipping "A Black Hole of Losses"

How Deregulating Derivatives Led to Disaster, and Why Re-Regulating Them Can Prevent Another