Tuesday, August 26, 2008

SPB News for Tuesday.


Filmmaker Spike Lee was engulfed by a horde of reporters as he hit the town Sunday evening in Denver. When one reporter identifying himself as a correspondent for Fox News tried to ask Lee a question, the actor responded, "I don't do Fox News," and immediately disappeared into a restaurant.



Police investigate possible plot to kill Obama — Authorities are investigating a possible threat against presumptive Democratic presidential nominee Barack Obama. — Aurora police arrested a longtime drug user Sunday afternoon during a routine traffic stop where the man was seen “weaving,” sources said.

Protests Grow at Denver Convention Center Protests are in full swing in front of the Colorado Convention Center in downtown Denver, and a specific group of four are the spotlight as cops have lined them up on the curb for questioning.

Protesters confront Fox News reporter Security at an anti-war rally outside the state Capitol this morning allegedly had to break up a confrontation between a Fox News reporter and Ward Churchill, a former University of Colorado professor. Churchill was thrust into the national spotlight after writing a controversial essay on the 9/11 terror attacks. He was hounded by the persistent reporter, who allegedly put his hands on Churchill, organizer Glenn Spagnuolo said. The reporter, Griff Jenkins, could not be immediately reached for comment.

U.S. Expects to Rebuild Georgian Army The United States expects to help Georgia rebuild its military, a top U.S. general said Thursday. "One would assume … we would have to help them rebuild because they are a partner in the war on [of] terror, they've been helpful. They are going to ask us, I am sure, to replace and rebuild," General John Craddock, who is in charge of the U.S. European Command, told reporters during a trip to Georgia. Craddock said he would assess Georgia's needs during his visit, due to end Friday, and report back to the Pentagon.

Iraq insists on troop time frame Iraqi Prime Minister Nuri Al-Maliki dug in his heels yesterday on the future of US military in Iraq, insisting that all foreign soldiers leave the country by a specific date in 2011 and rejecting legal immunity for American troops [Awesome!]. Al-Maliki’s aides insisted that a compromise could be found on the two main stumbling blocks to an accord, which would govern the US military presence in Iraq after the UN mandate expires at the end of the year.

Pakistan warns of world insurgency In Pakistan, Asif Ali Zardari, who has been nominated by his party to be the country's next president, has said the Taliban now have an upper hand in Pakistan. Mr Zardari, speaking to the BBC, said the Taliban should be immediately put on the country's list of banned organisations.

Downturn could 'drag on for some time', warns Bank deputy governor --Charles Bean tells US meeting of central bankers financial climate is as bad as the 1970s The current global economic downturn could "drag on for some considerable time", the Bank of England's new deputy governor warned today. Charles Bean said the financial climate appeared to be as bad as the 1970s and admitted senior analysts had "their fingers crossed".

FBI saw threat of mortgage crisis --A top official warned of widening loan fraud in 2004, but the agency focused its resources elsewhere. Long before the mortgage crisis began rocking Main Street and Wall Street, a top FBI official made a chilling, if little-noticed, prediction: The booming mortgage business, fueled by low interest rates and soaring home values, was starting to attract shady operators and billions in losses were possible. "It has the potential to be an epidemic," Chris Swecker, the FBI official in charge of criminal investigations, told reporters in September 2004. But, he added reassuringly, the FBI was on the case. Today, the damage from the [GOP-created] global mortgage meltdown has more than matched that of the [GOP-created] savings-and-loan bailouts of the 1980s and early 1990s. By some estimates, it has made that costly debacle look like chump change. But it's also clear that the FBI failed to avert a problem it had accurately forecast.

Homeland Security waives protection laws for border fence --Environmentalists have uphill battle Environmentalists are still smarting over the Homeland Security secretary's use of his authority to waive 37 environmental laws to expedite construction of the [Texas] border fence. Efforts failed to challenge the constitutionality of the waivers in the U.S. Supreme Court. Allen D. McReynolds, who was a member of President Clinton's team of environmental advisers, called the waiver and the subsequent rule change "tragic." "This means any time there is a new federal construction project, well, NEPA (the National Environmental Policy Act) will be waived and there'll be no environmental review," he said.

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