iBankCoin
Home / World (page 28)

World

Soros: Merkel Taking Europe in Wrong Direction

American billionaire George Soros slammed German Chancellor Angela Merkelin an interview published on Sunday, warning that her policies could lead to a repeat of the Great Depression.

“I admire Chancellor Merkel for her leadership. But unfortunately she is taking Europe in the wrong direction,” the financier and philanthropist told the weekly Der Spiegel.

Soros warned against addressing the crisis with spending cuts, urging the injection of funds instead.

“Otherwise we will repeat the mistakes that plunged America into the Great Depression in 1929. That’s what Angela Merkel doesn’t understand,” he said.

Read the rest here.

Comments »

HOLY HELL: Priest Allegedly Told Rape Victim: ‘This is What God’s Love Feels Like’

The outside a catholic church. Screenshot via NBC Los Angeles.
A Los Angeles attorney is accusing 200 Catholic priests of sexual abuse across California.

According to NBC affiliate in Los Angeles, attorney Ray Boucher has mapped out at least sixty locations of where suspected priests reside in California.

“Many if not all these priests have admitted to sexual abuse,” Boucher told NBC Los Angeles. “They live within a mile of 1,500 playgrounds, schools and daycare centers.”

One of the alleged victims, Dan Smith, graphically detailed his incident with a local priest when he was a child.

“He would rape me and then say this is what God’s love feels like,” Smith told Los Angeles NBC.

Boucher represents over 500 suspected victims suing the Los Angeles Archdiocese for sexual molestation. The LA Archdiocese reached a $660 million settlement with most of the victims in 2007.

But the archdiocese is being accused of a cover up by letting priests leave the country or hide in rehab until the legal deadline for prosecution runs out.

SOURCE 

Comments »

Read about the UN’s latest pipe dreams for “green economy”

Read here:

At a closed-door retreat in a Long Island mansion late last October, United Nations Secretary General Ban Ki-moon and his topmost aides brainstormed about how the global organization could benefit from a “unique opportunity” to reshape the world, starting with the Rio + 20 Summit on Sustainable Development, which takes place in Brazil in June.

A copy of the confidential minutes of the meeting was obtained by Fox News. According to that document, the 29-member group, known as the United Nations System Chief Executives Board for Coordination (CEB), discussed bold ambitions that stretch for years beyond the Rio conclave to consolidate a radical new global green economy, promote a spectrum of sweeping new social policies and build an even more important role for U.N. institutions “ to manage the process of globalization better.”

At the same time, the gathering acknowledged that their ambitions were on extremely shaky ground, starting with the fact that, as Ban’s chief organizer for the Rio gathering put it, “there was still no agreement on the definition of the green economy, the main theme of the [Rio] conference.”

But according to the minutes, that did not seem to restrain the group’s ambitions.

Its members see Rio as the springboard for consolidation of an expanding U.N. agenda for years ahead, driven by still more U.N.-sponsored global summits that would, as one participant put it, “ensure that the U.N. connected with the roots of the current level of global discontent.”

Comments »

Germany Says Greece Will Miss Debt Targets

Greece is missing its debt-cutting targets, German Finance MinisterWolfgang Schaeuble told lawmakers today, intensifying pressure on Greek politicians to deliver on austerity promises.

Schaeuble said in Berlin that Greece’s plans would leave its debt as high as 136 percent of gross domestic product by 2020, according to two people who took part in the meeting and who spoke on condition of anonymity because it was private. That compares with the 120 percent foreseen in a 130 billion- euro ($172 billion) bailout being negotiated.

Signs that Greece is falling short underscored euro-area officials’ frustration with the country’s bickering leaders and the prospect that they may again backtrack on fiscal pledges not first passed into law. Greek lawmakers begin voting on austerity measures this weekend after European finance ministers last night held back the rescue package demanding further commitments from Athens.

“The Greek offer is not sufficient and they have to go away to come up with a revised plan,” Bertrand Benoit, a spokesman for the German Finance Ministry in Berlin, said by telephone today.

The emergency talks of finance chiefs broke up late last night with Luxembourg Prime Minister Jean-Claude Juncker saying Greece must turn its latest budget-cutting plan into law, flesh out 325 million euros in spending reductions and have its major party leaders sign up to the program so they don’t retreat after upcoming elections.

Juncker’s Condition

“In short: no disbursement without implementation,” Juncker said. He set another extraordinary meeting for Feb. 15. “We can’t live with this system while promises are repeated and repeated and repeated and implementation measures are sometimes too weak,” he said….”

Full article

Comments »

After altercation with powerful politician, Chinese crusader seeks American asylum

BEIJING — The former top cop of a major Chinese city has dropped from sight amid unconfirmed reports he is seeking U.S. asylum following a quarrel with one of China’s most powerful local politicians.

Wang Lijun, a crusading lawman who made his name busting crime gangs and inspired a drama on state TV, has taken leave to recover from anxiety and overwork, the city government of Chongqing said in a statement Wednesday.

Wang, who also is a vice mayor of Chongqing, was shifted out of his role as police chief last week, prompting speculation of a falling-out with the city’s powerful Communist Party secretary, Bo Xilai, who is widely believed to be seeking national office.

The police chief may have fallen out of favor because his 2008-2010 crackdown on criminal gangs strayed from standard procedures and clashed with the central government’s current campaign to strengthen the rule of law, Beijing-based political analyst Li Fan said.

Days of speculation about his situation spiked Wednesday with online reports that he sought asylum at the American consulate in the nearby southwestern city of Chengdu on Tuesday after quarelling with Bo.

Employees of businesses near the Chengdu consulate reported large numbers of police vehicles in the area on Tuesday night, but said the area was quiet on Wednesday.

Richard Buangan, a spokesman for the U.S. Embassy in Beijing, declined to discuss those reports, but said there had been “no threat to the consulate yesterday, and the U.S. government did not request increased security around the compound.”

Buangan said there would be no comment on the reports of an asylum bid. Chinese Foreign Ministry spokesman Liu Weimin told reporters he had no information on the matter.

A city government spokesman, who like many Chinese bureaucrats would give only his surname, Ye, said he could neither deny or confirm the reports of Wang’s asylum bid.

“We saw that on the Internet, too. I don’t have relevant information now,” Ye said.

In a sign of the sensitivity of the matter, search results for Wang and Bo were blocked on China’s hugely popular Sina Weibo microblogging service and the comments sections attached to online reports about Wang were disabled.

Bo, who sits on the Communist Party’s powerful 25-member Politburo, appointed Wang in 2008 to clean up the force and take on organized crime in a campaign that drew national attention, as well as criticism that it ignored proper legal procedures.

Wang, a 52-year-old martial arts expert, entered law enforcement in 1984 and served more than two decades in northeast Liaoning province, where Bo was once governor. He won a reputation for personal bravery in confronting gangs and was once the subject of a TV drama called “Iron-Blooded Police Spirits.”

His law enforcement success led eventually to high political office and a seat in the national parliament, while his association with Bo gave him countrywide name recognition.

A former commerce minister, Bo is considered a leading “princeling” in the party, a reference to the offspring of communist elders whose connections and degrees from top universities have won them entry into the country’s elite.

Bo garnered huge publicity for his anti-crime campaign and an accompanying drive to revive communist songs and poems from the 1950s and 1960s, spurring talk that he was seeking a promotion. Those campaigns have since fizzled, leading analysts to pull back on speculation that he might be elevated to higher office when the party begins a generational change in leadership later this year.

Chinese political analysts say Bo has been cutting ties with the advisers behind the “red songs” and anti-crime drives in hopes of reviving his political fortunes.

Comments »