MERRILL LYNCH: US Sub-Prime Gambling Debts Paid for by British Tax Payer for the next 60 years.
By The Anglo American | August 19, 2008
The US sub-prime market is a global event and threatens to undermine tax revenues of governments across the world.
Merrill Lynch has run up a $29bn loss from its collateralized debt obligations, Read the rest of this entry »
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America’s Most Wanted Terrorists: Abu Hamza to face trial.
By The Anglo American | August 17, 2008
UPDATE : COURT OF HUMAN RIGHTS OVERULES BRITISH GOVERNMENT
The European court of human rights has ordered the British Government not to extradite Abu Hamza to the United States. Hamza’s lawyers, paid for by the British tax payer, have persuaded the court to hold a hearing concerning the condition of human rights in a US Jail. If convicted Hamza would face incarceration in a high security jail with considerable periods of solitary confinement.
The British Government has capitulated to the ruling - a spokesman saying that this is “a matter for the European court.”
No US government official has so far commentated court’s ruling. But no doubt they will be astonished by the British government’s lack of teeth when it comes to terrorism. And they will be intrigued as to the European courts opinions on the American penal system.
The firebrand cleric, who has been stripped of his British citizenship, awaits deportation to the United States. Abu Hamza, 51, faces accusations of being a part of a global jihad against the U.S. and for attempting to set up an Al Qaeda training camp in Oregon. He is known to have sent money to support Afghan terrorists, as well as recruiting young Britons to fight against British and American troops. If convicted, he could easily face a jail term of over 100 years with the possibility of death sentence. Read the rest of this entry »
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US House Prices at One Third of Their 2001 Value
By The Anglo American | August 16, 2008
It only takes 240 ounces of gold to buy a US house. There has never been a better time to melt the jewelry. In gold terms, an average US house price has dropped to one third of its 2001 value. Read the rest of this entry »
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A Nuclear Middle East – Iran plus 12 Other States
By The Anglo American | August 16, 2008
We are now looking at the next nuclear arms race. There are 13 countries in the Middle East that are politically committed to nuclear status {International Institute for Strategic Studies}. For the US to have any meaningful foreign policy towards Iran without including the whole region would now be meaningless. Read the rest of this entry »
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Obama, Britain and the Rookie Tag
By The Anglo American | August 15, 2008
The British Prime Minister Gordon Brown with Barak Obama
The US election comes to Europe as the world’s favorite US Presidential 
candidate arrives here as part of his foreign tour. Much is made in Britain of the bond between this country and the United States. A bond, that Sir Winston Churchill called the “special” relationship. But how special is it? Read the rest of this entry »
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