[CTRL] Fwd: [GATA] Supermodel joins hedge fund managers in dumping dollars

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05:52PM ET Sunday, November  4, 2007

Supermodel joins hedge fund managers in dumping dollars

By Bo Nielsen and Adriana Brasileiro
Bloomberg News Service
Monday, November 5, 2007

http://www.bloomberg.com/apps/news?pid=20601087sid=aCs.keWwNdiYrefer=home

Gisele Bundchen wants to remain the world's richest model and is insisting that 
she be paid in almost any currency but the U.S. dollar. 

Like billionaire investors Warren Buffett and Bill Gross, the Brazilian 
supermodel, who Forbes magazine says earns more than anyone in her industry, is 
at the top of a growing list of rich people who have concluded that the 
currency can only depreciate because Americans, led by President George W. 
Bush, are living beyond their means. 

Even after the dollar lost 34 percent since 2001, the biggest investors and 
most accurate forecasters say it will weaken further as home sales fall and the 
Federal Reserve cuts interest rates. The dollar plummeted to its lowest ever 
last week against the euro, Canadian dollar, Chinese yuan, and the cheapest in 
26 years against the British pound. 

We've told all our clients that if you had only one idea, one investment, it 
would be to buy an investment in a non-dollar currency, said Gross, the chief 
investment officer of Pacific Investment Management Co. in Newport Beach, 
California, and manager of the world's biggest bond fund. That should be on 
top of the list, said Gross, whose firm is a unit of Munich-based insurer 
Allianz SE. 

The dollar fell 0.8 percent last week to $1.4505, the weakest since the euro 
started trading in 1999. It lost 2.8 percent against the Canadian dollar to 
93.51 cents and 1.8 percent versus the pound to $2.09. The Fed's U.S. Trade 
Weighted Major Currency Dollar index tumbled to 76.3, from 112.89 in January 
2004. 

...Bundchen's Demands 

BNP Paribas chief currency strategist Hans-Guenter Redeker, the most accurate 
foreign-exchange forecaster last quarter in a Bloomberg survey, said the dollar 
may drop to $1.50 per euro by year-end. The median estimate of 44 strategists 
surveyed by Bloomberg is for the currency to end the year at $1.43. Among those 
surveyed last week, the forecast ranges from $1.42 to $1.50. 

When Bundchen, 27, signed a contract in August to represent Pantene hair 
products for Cincinnati-based Procter  Gamble Co., she demanded payment in 
euros, according to Veja, Brazil's biggest weekly magazine. She'll also get 
euros for the deal she reached last October with Dolce  Gabbana SpA in Milan 
to promote the Italian designer's new fragrance, The One, Veja reported. 
Bundchen earned $33 million in the year through June, Forbes reported in July. 

Contracts starting now are more attractive in euros because we don't know what 
will happen to the dollar, Patricia Bundchen, the model's twin sister and 
manager in Brazil, said in a telephone interview in September from Sao Paulo. 
She declined to discuss details of the arrangements last week, as did Anne 
Nelson, Bundchen's agent in New York at IMG Models. 

...Dollar Support 

Procter  Gamble's Sao Paulo-based external relations director for Brazil, 
Andre Quadra, said he couldn't give details of the Pantene contract because of 
a confidentiality agreement. 

Analysts in a Bloomberg survey expect the dollar to strengthen in coming months 
as stronger-than-forecast reports suggest U.S. consumers will keep the economy 
out of recession. Payrolls grew by 166,000 in October, double the median 
forecast of economists in a Bloomberg survey. 

The dollar will rise to $1.43 per euro this year and $1.35 by the end of 2008, 
according to the median estimate in the survey. 

So far the data has shown the 

[CTRL] Fwd: [ctrl] Armageddonites Push for More War | Good Grief! Imus Is Back on AIr

2007-11-05 Thread RoadsEnd
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Top Stories, Video and Blog Posts for AlterNet
November 3rd, 2007
http://www.alternet.org
___

SHOCKING BUT TRUE: IMUS RETURNS TO RADIO
By Rory O'Connor, AlterNet
The Rasputin of radio is back, ready to beat down the
defenseless for more cheap laughs. 
http://www.alternet.org/mediaculture/66814/

BUSH IS RIGHT TO WORRY IF WATERBOARDING IS DEFINED AS TORTURE
By Jane Smiley, HuffingtonPost.com
We should take the criminality of the Bush administration's
torture policy seriously, and that means making sure they
are not above the law. (Also: A waterboarding simulation
photoseries.)
http://www.alternet.org/rights/66831/

AMERICA'S ARMAGEDDONITES PUSH FOR MORE WAR
By Jon Basil Utley, Foreign Policy in Focus
Some fundamentalist evangelicals have moved from forecasting
Armageddon to actually trying to bring it about.
http://www.alternet.org/waroniraq/65845/

RAPTURE RESCUE 911: DISASTER RESPONSE FOR THE CHOSEN
By Naomi Klein, The Nation
With disaster services being privatized, the rich are buying
their way out of catastrophe.
http://www.alternet.org/stories/66743/

WHAT IT WILL TAKE TO BUILD A SUSTAINABLE U.S.
By Kenny Ausubel, AlterNet
We must imagine a new way of life in order to avoid the
devastating environmental crises that face humanity, argues
the visionary founder of the Bioneers conference.
http://www.alternet.org/environment/66725/

BRING ON THE RECESSION
By George Monbiot, Monbiot.com
How else will the destructive effects of growth be stopped?
http://www.alternet.org/workplace/66629/

___

AlterNet Blogs:

THE DAILY SHOW: IS AMERICA READY FOR A FLILF? [VIDEO]
By Manila Ryce, The Largest Minority
Daily Show correspondent Jason Jones lusts after the wives
of Fred Thompson and Dennis Kucinich with hilarious results.
http://www.alternet.org/blogs/video/66827/

GIULIANI'S HEALTH CARE LIES COME BACK TO HAUNT HIM
By Amanda Terkel, Think Progress
Giuliani has been using false figures about
Europe to attack the universal health care on the campaign
trail.
http://www.alternet.org/blogs/peek/66822/

___

These stories, videos, blog posts, and more are available on 
AlterNet.

http://www.alternet.org/

===
Donate: Visit https://www.alternet.org

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[CTRL] Fwd: Scorecard for Past Skirmishes between Israeli and American Interests

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SKIRMISHES BETWEEN THE ISRAEL LOBBY 
AND OTHER ELITES WHICH ZIONISTS WON
_http://cyberjournal.org/show_archives/?id=1605lists=newslog_ 
(http://cyberjournal.org/show_archives/?id=1605lists=newslog)  
- 1930's: Career British diplomats issued a government backed white paper 
suggesting tying Jewish immigration to Palestine to Palestinian economic 
interests, not just the Yishuv capacity.  Weissman and other British Zionists 
mobilized their forces en masse and the effort succeeded in reversing this 
policy 
quickly (well discussed in Tom Segev’s excellent book on this period). 
-1940-1945: When there was strong sentiment in the US to help European Jews 
fleeing Nazi Germany, the Zionist lobby both in Britain and the US lobbied to 
limit Jewish immigration to the west and keep the door open only for one 
destination: Palestine (see Naeim Giladi’s book “Ben Gurion Scandals” and Lenni 
Brenner’s “51 Documents: History of the Nazi-Zionist collaboration). 
- 1948: When the State Department, the Pentagon, and all major career 
diplomats in the US stood against support for the establishment of Israel, 
President 
Truman explained his decision to his cabinet (privately) very clearly as 
relating to the lobby and voting adding that “I have no Arab constituency” 
(Truman 
papers and many history books).  The US went on to twist the arms of other 
countries to support partition and the imposing of a Jewish state on Palestine. 
- June 1967: Israeli forces attacked the USS Liberty in international waters. 
 Naval demands of an investigation were immediately attacked by the lobby in 
Congress.  Senior Navy officers (and all survivors of the attack) were angry, 
but could do nothing in the face of a concerted media silencing campaign.   
Even in 2003 when new evidence emerged, little was reported on it (see 
_http://www.ussliberty.org/_ (http://www.ussliberty.org/) ) 
- 1980's: Israel uses US technology and financing to develop its own arms 
export industry competing with US arms exporters but also giving advanced 
technologies to US competitors.  Many US arms industry leaders are unhappy, and 
some 
even complain openly, and Israeli-made Python II missiles now arm Chinese 
warplanes and in one instance threatened US planes. (see 
_http://www.ifamericansknew.org/us_ints/p-krane.html_ 
(http://www.ifamericansknew.org/us_ints/p-krane.html) ). 
- May 1987: The Reagan administration notified Congress of its intention to 
sell 1600 Maverick anti-tank missiles to Saudi Arabia.  According to the NY 
Times: Within half an hour, lobbyists from the American Israel Public 
Affairs Committee, the only group registered to lobby Congress on legislation 
affecting Israel, were on the telephone to lawmakers about the proposal. Over 
the 
next 13 days, the committee mobilized its nationwide network of supporters with 
a series of memorandums and telephone calls urging them to lobby Congress. 
Though it is unclear whether the committee, known as AIPAC, can take all the 
credit, more than 260 members of Congress co-sponsored resolutions to block the 
sale, prompting President Reagan to withdraw it. 
_http://www.ifamericansknew.org/us_ints/pg-nyt2.html_ 
(http://www.ifamericansknew.org/us_ints/pg-nyt2.html)  
- Early 1991: Israel asked the US for $10 billion in loan guarantees to 
settle Russian Jews. George HW Bush told Shamir that Israel could have the 
guarantees if it freezes settlement building and promises that no Russian Jews 
would 
be settled in the occupied areas. Shamir simply called the lobby leaders to 
help.  Mobilization was so swift and powerful that Bush received a barrage of 
media questions in a Press conference in 1991.. Bush uttered 

[CTRL] Fwd: Neofeudalism

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Neofeudalism
_http://en.wikipedia.org/wiki/Neofeudalism_ 
(http://en.wikipedia.org/wiki/Neofeudalism)  
 (http://en.wikipedia.org/wiki/Image:Unbalanced_scales.svg) 
The _neutrality_ 
(http://en.wikipedia.org/wiki/Wikipedia:Neutral_point_of_view)  of this article 
is _disputed_ 
(http://en.wikipedia.org/wiki/Wikipedia:NPOV_dispute) .
Please see the discussion on the _talk page_ 
(http://en.wikipedia.org/wiki/Talk:Neofeudalism) .
Please do not remove this message until the _dispute is resolved._ 
(http://en.wikipedia.org/wiki/WP:NPOVD#What_is_an_NPOV_dispute.3F) 
Neofeudalism literally means New _Feudalism_ 
(http://en.wikipedia.org/wiki/Feudalism)  and implies a contemporary rebirth 
of policies of _governance_ 
(http://en.wikipedia.org/wiki/Governance)  and _economy_ 
(http://en.wikipedia.org/wiki/Economy)  reminiscent of those present in many 
_pre-industrial_ 
(http://en.wikipedia.org/wiki/Pre-industrial)  feudal societies. The concept is 
one in 
which government policies are instituted with the effect (deliberate or 
otherwise) of systematically increasing the _wealth_ 
(http://en.wikipedia.org/wiki/Wealth)  _gap_ 
(http://en.wikipedia.org/wiki/Income_distribution)  between the 
rich and the poor while increasing the power of the rich and decreasing the 
power of the poor (also see _wealth condensation_ 
(http://en.wikipedia.org/wiki/Wealth_condensation) ). This effect is considered 
to be similar to the 
effects of traditional feudalism. The precise meaning of the term is in 
question and 
can be employed as a _pejorative term_ 
(http://en.wikipedia.org/wiki/Pejorative_term)  to attack _political_ 
(http://en.wikipedia.org/wiki/Political)  
opponents. 
General 
Among the concerns of those who perceive (correctly or otherwise) an 
emergence of neofeudalism in contemporary society are class stratification, 
_globalization_ (http://en.wikipedia.org/wiki/Globalization) , _multinational 
corporations_ (http://en.wikipedia.org/wiki/Multinational_corporation) , and 
_corporatism_ (http://en.wikipedia.org/wiki/Corporatism) ._[1]_ 
(http://en.wikipedia.org/wiki/Neofeudalism#_note-0)  
Neofeudalism is part of the controversy over _income redistribution_ 
(http://en.wikipedia.org/wiki/Income_redistribution)  born out of massive 
societal 
shifts during the _industrial revolution_ 
(http://en.wikipedia.org/wiki/Industrial_revolution) . At the time the issue 
was wealth disparity between _classes_ 
(http://en.wikipedia.org/wiki/Social_class) , landholders, entrepreneurs, 
peasants, workers, and other economic and social groups. Neofeudalism 
encompasses 
the current debate over globalization to include entire societies, countries, 
regions (North versus South, Western versus non-Western), and 
supra-national non-state actors. Unlike other _geopolitical_ 
(http://en.wikipedia.org/wiki/Geopolitics)  issues such as _environmentalism_ 
(http://en.wikipedia.org/wiki/Environmentalism)  and _security_ 
(http://en.wikipedia.org/wiki/Security) 
, the charge of neofeudalism largely focuses on _economics_ 
(http://en.wikipedia.org/wiki/Economics) . 
In a party-neutral definition of the term, the traits ascribed to a 
supposedly emerging neofeudalism would not belong to one political party alone 
but are 
emergent throughout the whole political system in all or at least several 
major parties. Under this description the common factor linking neofeudal 
characteristics could best be described as the business interests catered to 
by a 
given party which describes a version of neofeudalism with its origin squarely 
in the realm of business interests and the interests of business owners 
advancing agendas that benefit them personally through 

[CTRL] Fwd: Crusades vs Jihad -- Bernard Lewis, Neocon Forefather

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_http://bookclub.tpmcafe.com/story/2005/11/16/12635/421_ 
(http://bookclub.tpmcafe.com/story/2005/11/16/12635/421)  
Until that September 11, 2001, the two men most responsible for popularizing 
the idea of a clash of civilizations, Bernard Lewis and Samuel Huntington, 
were regarded as curiosities by mainstream national security and foreign policy 
experts. Their Ivy League credentials and access to prestigious publications 
such as Foreign Affairs, and the edgy radicalism of their theories, guaranteed 
that they would generate controversy, and they did. But few took their ideas 
seriously, except for a scattered array of neoconservatives, who, in the 1990s, 
resided on the fringe themselves. The Lewis-Huntington thesis was hit by a 
withering salvo of counterattacks from many journalists, academics, and foreign 
policy gurus.
Samuel Huntington, whose controversial book The Clash of Civilizations 
amounted to a neoconservative declaration of war, wrote that the enemy was not 
the 
Islamic right, but the religion of the Koran itself:

The underlying problem for the West is not Islamic fundamentalism. It is 
Islam, a different civilization whose people are convinced of the superiority 
of 
their culture and are obsessed with the inferiority of their power. The problem 
for Islam is not the CIA or the U.S. Department of Defense. It is the West, a 
different civilization whose people are convinced of the universality of 
their culture and believe that their superior, if declining power imposes on 
them 
the obligation to extend that culture throughout the world.

What followed from Huntington's manifesto, of course, was that the 
Judeo-Christian world and the Muslim world were locked in a state of permanent 
cultural 
war. The terrorists--such as Al Qaeda, which was still taking shape when 
Huntington's book came out--were not just a gang of fanatics with a political 
agenda, but the manifestation of a civilizational conflict. Like a modern 
oracle of 
Delphi, Huntington suggested that the gods had foreordained the collision, 
and mere humans could not stop it.  
Huntington acknowledged--without mentioning the role of the United 
States--that Islam had been a potent force against the left during the Cold 
War. At one 
time or another during the Cold War many governments, including those of 
Algeria, Turkey, Jordan, Egypt and Israel, encouraged and supported Islamists 
as a 
counter to communist or hostile nationalist movements, he wrote. At least 
until the Gulf War, Saudi Arabia and other Gulf states provided massive funding 
to the Muslim Brotherhood and Islamist groups in a variety of countries.  
But he had a neat explanation of how the alliance between the West and the 
Islamists unraveled. The collapse of communism removed a common enemy of the 
West 
and Islam and left each the perceived major threat to the other, he wrote.  
In the 1990s many saw a `civilizational cold war' again developing between 
Islam and the West.  Huntington, who is not an expert on Islam, observed a 
connection between Islam and militarism,  and he asserted: Islam has from 
the 
start been a religion of the sword and it glorifies military virtues.  Just to 
make sure that no one could miss his point, he quoted an unnamed U.S. army 
officer who said, The southern tier--i.e., the border between Europe and the 
Middle East--is rapidly becoming NATO's new front line.  
Huntington quotes his guru on matters Islamic, Bernard Lewis, in order to 
prove that Islam presents an existential threat to the very survival of the 
West:

`For almost a thousand years,' Bernard Lewis observes, `from the first 
Moorish landing in Spain to the second