Archive for September 7th, 2007


Venezuela overnight bank rates hit 120%

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This appears to be because Chavez wants to take control of the central bank and is leaning on it to not make loans. While I applaud much of what Chavez has done, this is just dumb. Unless he wants hyperinflation.

Meanwhile, in the bizarro world of Wall Street, this bad news is being looked at as good news because it means the Fed might lower interest rates. I’m not sure who is crazier.

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Activists arrested in DC for putting up antiwar posters

Arrest in DC for putting up antiwar posters

From The ANSWER Coalition listserv

Three anti-war activists were arrested in front of the White House today after the U.S. Park Police moved to suppress a press conference called to protest the fines and threats against the ANSWER Coalition for putting up anti-war posters promoting the September 15 March and Die-In in Washington DC.

The arrested were Tina Richards, CEO of Grassroots America and mother of Iraq War Veteran Cloy Richards; Adam Kokesh, the Co-Chair Elect of the Iraq Veterans Against the War and member of Veterans for Peace; and Ian Thompson, an organizer with the ANSWER Coalition.

They spent Thursday night in jail on and will appear in Superior Court today - for holding a completely legal press conference and putting up one poster, an outrageous and politically-inspired act of repression indeed.

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