News
Bad Monetary Policy Is Redundant
The Milgram Experiment
If a Pure Market Economy Is So Good, Why Doesn't It Exist?
US stocks move higher following jobs, housing reports
“Stocks are closing with modest gains after reports on housing, manufacturing and jobs indicated the economy continues to grow, although slowly. Trading was slightly muted Thursday head of a closely watched monthly report on employment that’s due out Friday. First-time claims for unemployment benefits fell slightly last week. According to preliminary calculations, the Dow Jones industrial average rose 50 points, or 0.5 percent, to 10,320.” (09/02/10)
Mexico: Soldiers kill 25 in gun battle near border
“A shootout between soldiers and suspected drug cartel members in northeastern Mexico left 25 purported gunmen dead Thursday, the military said. A reconnaissance flight over Ciudad Mier in Tamaulipas state spotted several gunmen in front of a property, according to a statement from Mexico’s Defense Department.” (09/02/10)
Iraq: 12 killed, nine wounded
“Last night in Baiji, an attack on an Awakening Council checkpoint left two dead and five wounded. An official in Mashadah survived an assassination attempt that killed his brother and another person; he was wounded as well. In Mosul, gunmen killed a taxi driver. … A civilian was shot dead. Two hostages were liberated. In Baghdad, a senior education ministry official was assassinated. One soldier was killed and another was wounded as they tried to defuse a bomb in Hilla. A U.S. military vehicle struck a civilian car in Numaniya, killing three and wounding a fourth person. An Awakening Council member was shot dead at a checkpoint in Tuz Khormato.” (09/02/10)
Afghanistan: Two US troops killed
“Two American soldiers were killed in Afghanistan on Thursday hours before Defense Secretary Roberts Gates arrived in Kabul for talks with President Hamid Karzai and the top NATO commander in Afghanistan, U.S. General David Petraeus. The marines, serving as part of the NATO-led International Security Assistance Force (ISAF), were killed in separate militant attacks in the east and the south of the country.” (09/02/10)
Colombia: Fourteen cops killed in ambush, rebels blamed
“Suspected leftist rebels killed 14 police officers and wounded seven in an ambush of a five-truck convoy in southern Colombia, a police commander said Thursday. Elsewhere in the country, two separate mine blasts on Wednesday and Thursday killed four soldiers and wounded six more, authorities reported.” (09/02/10)
Venezuela: Election official says Chavez breaking campaign rules
“An electoral official accused President Hugo Chavez and his allies of breaking campaign laws by using state-run media to berate rivals and praise friends ahead of this month’s legislative elections. Vicente Diaz, one of the National Election Council’s five directors, said Chavez is violating legislation prohibiting elected officials from using their posts to promote candidacies.” (09/02/10)
Mozambique: At least one dead in second day of riots
“At least one person was killed Thursday as riots in the southern African nation of Mozambique continued into a second day, Deputy Justice Minister Alberto Nkutumula said in a televised news conference. Another 37 people were admitted to a hospital with bullet wounds, said Evete Soares, the hospital director, on STV. Police used live rounds and threw tear gas into crowds, according to a local journalist who saw the violence in Maputo, the nation’s capital.” (09/02/10)

