Columbian Bank and Trust of Kansas Closed by U.S. Regulators

*If you watch CNN, you would think there was nothing at all wrong with the economy…*

Aug. 23 (Bloomberg) — Columbian Bank and Trust Co. of Topeka, Kansas, was closed by U.S. regulators, the nation’s ninth bank to collapse this year amid bad real-estate loans and writedowns stemming from a drop in home prices.

The bank, with $752 million in assets and $622 million in total deposits, was shuttered by the Kansas state bank commissioner’s office and the Federal Deposit Insurance Corp., the FDIC said yesterday in a statement.

Citizens Bank and Trust will assume the failed bank’s insured deposits. Columbian Bank’s nine branches will open Aug. 25 as Citizens Bank and Trust offices, the FDIC said. Customers can access their accounts over the weekend by writing checks or using ATM or debit cards.

“There is no need for customers to change their banking relationship to retain their deposit insurance coverage,” the FDIC said.

The pace of bank closings is accelerating as financial firms have reported more than $500 billion in writedowns and credit losses since 2007. The FDIC’s “problem” bank list grew by 18 percent in the first quarter from the fourth, to 90 banks with combined assets of $26.3 billion.

Prior to yesterday, the FDIC had closed 36 banks since October 2000, according to a list at fdic.gov. The U.S. shut 12 banks in 2002, the highest in the period, and 2005 and 2006 had no closures.

U.S. bank regulators closed Florida’s First Priority Bank on Aug. 1; Reno-based First National Bank of Nevada, Newport Beach, California-based First Heritage Bank, and Pasadena-based IndyMac Bancorp Inc. in July; Staples, Minnesota-based First Integrity Bank and ANB Financial in Bentonville, Arkansas, in May; Hume Bank in Hume, Missouri, in March; and Douglass National Bank in Kansas City, Missouri, in January.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a9iX_1ShWWAs&refer=home

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Dog protected abandoned newborn, doctors say

(CNN) — A dog sheltered a newborn baby abandoned by its 14-year-old mother in a field in rural Argentina until the boy was rescued, a doctor said Friday.

A resident of a rural area outside La Plata called police late Wednesday night to say that he had heard the baby crying in a field behind his house.

The man went outside and found the infant lying beside the dog and its six newborn puppies, said Daniel Salcedo, chief of police of the Province of Buenos Aires.

The temperature was a chilly 37 degrees, Salcedo said.

The dog had apparently carried the baby 50 meters from where his mother had abandoned him to where the puppies were huddled, police said.

“She took it like a puppy and rescued it,” Salcedo said. “The doctors told us if she hadn’t done this, he would have died.

“The dog is a hero to us.”

Dr. Egidio Melia, director of the Melchor Romero Hospital in La Plata, said police showed up at the hospital at 11:30 p.m. Wednesday with the baby, who doctors say was only a few hours old.

Though the infant had superficial scratches and bruises and was bleeding from his mouth, he was in good shape, Melia said.

The next morning, the child’s mother was driven by a neighbor to the hospital and told authorities that the 8-pound, 13-ounce infant is hers, Melia said.

The teenager was immediately given psychological treatment and was hospitalized, he said. She has said little about the incident.
The child has been transferred to a children’s hospital in La Plata, 37 miles from Buenos Aires.

*Nice to see a positive story such as this :)*

http://www.cnn.com/2008/WORLD/americas/08/22/argentina.dog.tale/index.html

Pat Buchanan on McCain…

According to conservative commentator and former presidential candidate Pat Buchanan, Sen. John McCain’s chief foreign policy adviser Randy Scheunemann is a ‘dual loyalist,’ ‘neocon warmonger’ involved in activities that ‘none dare call treason.’

Scheunemann’s former employer, Orion Strategies, is a lobbying firm with strong ties to Mikheil Saakashvili’s administration in Georgia.

Since Georgia attempted to retake South Ossetia by force, triggering a sharp, violent rebuke by Russian forces, Sen. McCain has been by far the most strident advocate of US support for the former Soviet state. And his top adviser, says Buchanan, may well be the next Henry Kissinger or Zbigniew Brzezinski.

“He is a dual loyalist, a foreign agent whose assignment is to get America committed to spilling the blood of her sons for client regimes who have made this moral mercenary a rich man,” he wrote.

In his recent history, Scheunemann was a key member of the Project for a New American Century (PNAC), which lobbied President Clinton for war with Iraq for years before the attacks of Sept. 11, 2001. He was also a signatory on a letter to President George W. Bush, just days after the terrorist attacks, demanding an invasion of Iraq and threatening political consequences if the president did not comply.

In addition, Scheunemann served as executive director of Ahmad Chalabi’s group, “The Committee for Liberation of Iraq,” a pro-war organization formed in 2002. Chalabi, once dubbed the “George Washington of Iraq,” has since been accused of providing false information to US authorities and is currently under investigation.

“Most important, Scheunemann’s former lobbying firm, Orion Strategies, received at lest $800,000 from the government of Georgia between 2004 and May 15, 2008, when Scheunemann finally severed his ties — officially, at least — to the firm,” notes The Nation. “Before that, between January 1, 2007, and May 15, 2008, Scheunemann was officially on the payroll as both Georgia’s lobbyist and McCain’s top adviser, during which time Georgia paid Orion and $290,000 and McCain paid him $70,000.”

While the Bush administration has conceded that the Russian response to Georgia’s aggression is not grounds for starting another war, Scheunemann and Orion Strategies have succeeded in making Georgian membership in NATO a popular position. Sens. McCain and Obama, along with the Bush administration, are all pushing to have the embattled nation inducted into the alliance, bringing a pact of war along with it should Russian forces again cross into the country.

“Others who were once uneasy about the influence of conservatives on Mr. McCain say that their worries have not been realized, even as Mr. McCain has taken conservative positions,” writes Elizabeth Bumiller in the New York Times.

“This is the situation in which the interventionists have placed our country: committed to go to war for countries and causes that do not justify war, against a Russia that is re-emerging as a great power only to find NATO squatting on her doorstep,” said Buchanan.

“[T]here doesn’t seem to be any momentum either for a direct legal challenge or a congressional investigation, which could subpoena the players and get sworn testimony,” reported Robert Dreyfuss for The Nation.

McCain staff have called the criticism of Scheunemann’s ties to Georgia “disgraceful,” and even alleged that Democrats are parroting claims injected into Western media by a Russian public relations firm.

http://rawstory.com/news/2008/Buchanan_accuses_McCains_neocon_warmonger_of_0822.html

Canadian Internet Service Provider Shuts Down Internet Hate Site

*If you honestly think this is a GOOD thing…keep living in your nightmare. Not all goyim are idiots.*

TORONTO, ONTARIO, Aug 22, 2008 (MARKET WIRE via COMTEX) — Attn: News/National/Assignment
A quick responding Canadian Internet Service Provider (ISP) has closed down an Internet site promoting anti-Semitic hate after being alerted by Friends of Simon Wiesenthal Center for Holocaust Studies (FSWC).
When FSWC reported “realjewnews.com” to its Canadian ISP, its content was reviewed and determined to violate the master service agreement as well as Canadian values. Although the Canadian ISP swiftly and decisively removed the offending site, within days, it reappeared on another server, this time in another country.
The Internet has become a prime tool for extremist and terrorist activity worldwide. Nevertheless, Canadian legislation and its provision for dealing with Internet offenders is a model for international governance.
Comments Leo Adler, director of National Affairs, FSWC, “Our Canadian system strikes the perfect balance between two intrinsically Canadian ideals, namely, freedom of speech and abhorrence for hate and intolerance.”
FSWC is calling for the formation of an international accord and subsequent monitoring to effectively and proactively deal with the growing viral phenomenon of global Internet hate.
FSWC monitors online extremism, researching, monitoring, reporting and eliminating hate and terrorism online. FSWC has positioned itself as an invaluable source of information and knowledge of Internet extremism. Now in its eleventh year, the Digital Terrorism & Hate 2.0, an FSWC initiative, is the world’s most comprehensive report on extremist elements operating online.
About Friends of Simon Wiesenthal Center for Holocaust Studies
Friends of Simon Wiesenthal Center for Holocaust Studies is a Canadian human rights organization dedicated to fostering tolerance and understanding through community involvement, educational outreach and social action. It has 25,000 members across Canada, and confronts important contemporary issues including racism, antisemitism, terrorism and genocide. The Center is affiliated with the world-wide, Los Angeles-based Simon Wiesenthal Center, an accredited Non-Government Organization with status at international agencies, including the United Nations, UNESCO, OSCE and the Council of Europe. With over 400,000 members of all faiths around the world, the Simon Wiesenthal Center has offices in New York, Miami, Paris, Jerusalem, Buenos Aires and Toronto. Simon Wiesenthal died in 2005 after devoting his life to preserving the memories of the victims of the Holocaust, while simultaneously seeking justice for the war criminals. Visit: http://www.fswc.ca.

http://www.marketwatch.com/news/story/canadian-internet-service-provider-shuts/story.aspx?guid=%7BA6B697F6-2AB0-4893-9577-2444676B4F9A%7D&dist=hppr