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User: ofInterestNZ

ING suspends withdrawals from two bond funds Intro Hello. I'm Bernard Hickey with the daily briefing from interest.co.nz... Today, we'll look at news that ING has suspended withdrawals from two bond funds because of the global credit crunch And we'll look a bit deeper at the US Federal Reserve's surprise intervention overnight to pump liquidity into global credit markets. Will it work. Or is the Fed flogging a dead horse. Story 1, But firstly, we look at news broken on interest.co.nz that ING has suspended withdrawals from two of its bond funds because of the global credit crunch. ING has suspended withdrawals from its ING Diversified Yield fund and its ING Regular Income fund. It says it took the unusual step after 400 investors tried to pull their money out of the fund this month, a sharp increase in withdrawals. ING says its trustee took this painful decision to protect the 8,000 investors still left in the fund because such big withdrawals would have triggered sales of assets into a very weak market or one that wouldn't buy them. This will be a major shock for investors in New Zealand's second biggest fund manager. The global credit crunch is definitely coming home to roost. This has been brewing for months. The Macquarie Fortress fund has seen massive declines and ABN Amro's PINS notes have suspended interest payments. This is a very worrying development. Essentially this was a run on a bond fund. Story 2 Now for more news of central bankers trying desperately to put their finger in the dyke to stop the sub-prime credit crunch cascading into the rest of the economy. Overnight the US Federal Reserve said it would exchange US treasuries for mortgage backed securities in an effort to pump liquidity into the market and stop the credit crunch worsening. The Fed coordinated its move to pump in US$200 billion with similar moves by the Bank of Canada and European Central Bank to pump in a further US$45 billion. This shows just how worried the rest of the world's central banks are about the global credit system grinding to a halt. The are right to be worried. The implosion started with sub-prime and is now spreading out to local government bonds and debt linked to private equity deals. Over recent weeks many local governments in the United States have stopped borrowing and some are close to defaulting on their loans. Many US universities have suspended their student loan programmes because they can't borrow from markets that have seized up. Bear Stearns had to deny rumours on Monday night that it had run out of cash. But will this latest move by the Fed actually work? The big problem right now is confidence and the wave of losses cascading through the banking system. This move may help. US stock markets and the US dollar rallied. But this is the second attempt to add liquidity to the market and the Fed is widely expected to cut official interest rates again next week by up to 100 basis points to 2%. The Fed is essentially pumping money into the global economy to fix a problem that is really about poor lending practices and not some artificial lending crisis. Banks and others made bad lending decisions. They are now coming home to roost. Those losses should clear out of the system and shareholders who employed the bankers who made these decisions should lose a lot of money. Sure we don't want good banks failing because of a crisis of confidence. But sometimes the bad apples have to be cleaned out. The danger is the US Federal Reserve keeps pumping money into the system and encourages bad banks to think they can keep making bad lending decisions because the Fed will always bail them out. Many would argue that's what happened since 2001 when Fed governor Greenspan consistently ran loose monetary policy to pump up the US economy after 9/11. That generated inflation and the housing and private bubbles that are now bursting through the global economy. So what does this all mean for us. A deepening of the credit crunch will probably mean higher interest rates on fixed rate mortgages, but not necessarily higher term deposit rates. It may mean a short term drop in the New Zealand dollar as foreign investors keep their money safe at home. This morning the Kiwi dollar rose because many were relieved about the Fed's actions to apparently fix the crisis. We shall see whether it works. My bet is we're in for some more tough times. I'm Bernard Hickey from interest.co.nz with the Daily Briefing. Catch you on Tuesday. Tags: News Political Commercial Commentary Analysis Documentary

User: TickleMeCthulhu

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User: renaemattilaipa

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User: leelinn

CCP Defector Calls for Military Withdrawals CCP Defector Calls for Military Withdrawals http://www.cntv.us/en/index.php?option=com_content&task=view&id=1505&Itemid=34 Tags: CCP Defector Calls for Military Withdrawals cntv ntdtv

User: panicprincesscom

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User: RushLimbaughFan

Obama Pressured Iraq to Delay Troop Withdrawals Obama Campaign Confirms Effort To Delay Troop Pullout In Iraq Obama Pressured Iraq to Delay Troop Withdrawals Despite his insistent demands for a rapid withdrawal of U.S. troops from Iraq, Democratic presidential candidate Barack Obama secretly urged Iraqi leaders to delay an agreement that would lead to a draw down in troop numbers. A blockbuster expose in Monday's New York Post by Amir Tahiri revealed that Obama made his demand for the delay a key theme of his discussions with Iraqi leaders in Baghdad in July, Iraqi Foreign Minister Hoshyar Zebari told The Post. "He asked why we were not prepared to delay an agreement until after the U.S. elections and the formation of a new administration in Washington," Zebari said in an interview with The Post. Zabari recalled that Obama insisted that Congress should be involved in negotiations on the status of U.S. troops, and that it was in the interests of both sides not to have an agreement negotiated by the Bush administration in its "state of weakness and political confusion." "However, as an Iraqi, I prefer to have a security agreement that regulates the activities of foreign troops, rather than keeping the matter open," Zebari said. Obama says he wants U.S. troops out of Iraq by 2010, a development that would be impossible if the status of forces agreement were delayed as he asked the Iraqis. In addition to his backdoor approach to the Iraqis, The Post said Obama also sought to persuade U.S. commanders, including Gen. David Petraeus, to suggest a "realistic withdrawal date," a request they refused. The Post noted that, "to be credible, Obma's foreign-policy philosophy requires Iraq to be seen as a failure, a disaster, a quagmire, a pig with lipstick or any of the other apocalyptic adjectives used by the American defeat industry in the past five years." "Yet Iraq is doing much better than its friends hoped and its enemies feared," The Post stated, adding that "the United Nations mandate will be extended in December, and we may yet get an agreement on the status of forces before President Bush leaves the White House in January." Keep up to date on this developing story... http://www.rushlimbaugh.com Tags: obama iraq troops

User: democracynoworg

"Suspension of Troop Withdrawals from Iraq" 1/4 http://www.democracynow.org/ As Petraeus Urges Delay of Troop Withdrawal, a Debate on Iraq and Iran's Role in the War The top US military commander in Iraq, General David Petraeus, has recommended a suspension of troop withdrawals from Iraq after July. His recommendation would leave just under 140,000 American troops in Iraq well into the fall, more troops deployed in Iraq than before the so-called "surge." Petraeus testified before two Senate committees on Tuesday alongside Ambassador Ryan Crocker. We play highlights of the hearing and host a debate with Arun Gupta of The Indypendent, Eli Lake of the New York Sun and Gareth Porter of Inter Press Service http://www.democracynow.org/ Tags: Iraq Iran War Petraeus Troop Withdrawal Debate news

User: democracynoworg

"Suspension of Troop Withdrawals from Iraq" 2/4 http://www.democracynow.org/ As Petraeus Urges Delay of Troop Withdrawal, a Debate on Iraq and Iran's Role in the War The top US military commander in Iraq, General David Petraeus, has recommended a suspension of troop withdrawals from Iraq after July. His recommendation would leave just under 140,000 American troops in Iraq well into the fall, more troops deployed in Iraq than before the so-called "surge." Petraeus testified before two Senate committees on Tuesday alongside Ambassador Ryan Crocker. We play highlights of the hearing and host a debate with Arun Gupta of The Indypendent, Eli Lake of the New York Sun and Gareth Porter of Inter Press Service http://www.democracynow.org/ Tags: Petraeus Troop Withdrawal Debate Iraq Iran War news

User: manque15

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User: HeTrinity

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User: democracynoworg

"Suspension of Troop Withdrawals from Iraq" 3/4 http://www.democracynow.org/ As Petraeus Urges Delay of Troop Withdrawal, a Debate on Iraq and Iran's Role in the War The top US military commander in Iraq, General David Petraeus, has recommended a suspension of troop withdrawals from Iraq after July. His recommendation would leave just under 140,000 American troops in Iraq well into the fall, more troops deployed in Iraq than before the so-called "surge." Petraeus testified before two Senate committees on Tuesday alongside Ambassador Ryan Crocker. We play highlights of the hearing and host a debate with Arun Gupta of The Indypendent, Eli Lake of the New York Sun and Gareth Porter of Inter Press Service http://www.democracynow.org/ Tags: news Petraeus Troop Withdrawal Debate Iraq Iran War

User: democracynoworg

"Suspension of Troop Withdrawals from Iraq" 4/4 http://www.democracynow.org/ As Petraeus Urges Delay of Troop Withdrawal, a Debate on Iraq and Iran's Role in the War The top US military commander in Iraq, General David Petraeus, has recommended a suspension of troop withdrawals from Iraq after July. His recommendation would leave just under 140,000 American troops in Iraq well into the fall, more troops deployed in Iraq than before the so-called "surge." Petraeus testified before two Senate committees on Tuesday alongside Ambassador Ryan Crocker. We play highlights of the hearing and host a debate with Arun Gupta of The Indypendent, Eli Lake of the New York Sun and Gareth Porter of Inter Press Service http://www.democracynow.org/ Tags: news Petraeus Troop Withdrawal Debate Iraq Iran War

User: fotm1

No withdrawals! Rusty's testimony about healing in Liberty. Rusty came to Liberty addicted to prescription painkillers (Lortab) and Methodone. He was on it for three or four YEARS! We wanted him to detox here with us. Except for some "crawly skin" a few times, he had NO WITHDRAWAL SYMPTOMS. Would the atheists please explain that? He's detoxed before and knows the HARSH REALITY of the suffering. Within a week or so here, he was cleaned out. He's even losing weight and getting other healing (that we'll talk about later). You can argue all you want, but Rusty will NEVER be convinced that this was anything other than a miracle from God! He was scared to death of another detox and fully expected it to be terrible - and it wasn't. Not at all. AND he's hearing God really well and on fire for Jesus. That is the power of God! That is REVIVAl! More great testimonies, videos, music, art and more at http://www.FellowshipOfTheMartyrs.com and http://www.LibertyDisasterRelief.com and http://www.TheChurchOfLiberty.com . Tags: fotm1 rusty testimony methodone pain killer lortab detox recovery aa na miracle healing deliverance Liberty martyrs God

User: tokerboy2007

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User: rsfamerica

McCain On Iraq Troop Withdrawals Presidential candidate John McCain responds to Katie Couric's question about Iraq troop withdrawals in an exclusive CBS News interview. Tags: McCain Iraq Troops Politics News Commentary Campaign Interview Middle East Withdrawal

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User: hikaruxhibiscus

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User: obaidkarki

Bush Announce Suspension of US Troop Pullouts From Iraq Bush endorses pause in troop withdrawals Bush Iraq withdrawal to freeze in July The Age Bush Iraq withdrawals to freeze in July Bush offered his strong support to General David Petraeus who called for a day pause in troop reductions after the build up ends to assess the effect of Bush Orders Shortened Tours Pause in US Troop Withdrawals from Iraq Bush Successor to Inherit Iraq Quagmire Bush Announce Suspension of US Troop Pullouts From Iraq Bush to follow Petraeus proposals on troop cuts The Hill Bush to give Iraq speech at GMT Thursday Africasia Bush to suspend Iraq troop withdrawal after July Bush to suspend US troop withdrawals But General David Petraeus peh TRAY uhs says the security Tags: Angelina Jolie Bush endorses pause US troop withdrawals General David Petraeus Successor Inherit Iraq Quagmire Suspensi

User: sirwin1978

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User: macMARKER

iPod Withdrawals part 1 After a long day spent in Old Sacramento we ended up at Wally World where my ipod died. So I started having withdrawals. Tags: walmart ipod withdrawals jenna mac

User: obaidkarki

Petraeus Seeks Open-Ended Pause in Withdrawal بترايوس 6 Years Into War Petraeus Stalls Drawdown All 3 Candidates To Grill Petraeus On Iraq Analysis A lot has changed since last Petraeus update on Iraq _ for better and for worse Clinton And McCain Clash As Top US General David Petraeus Urges Caution Over Iraq Withdrawal Gen. David Petraeus Iraq War Commander Recommends Troop Pause Gen. Petraeus recommends open-ended halt to troop reductions Gen. Petraeus Recommends Open-Ended Troop Pause Hillary Clinton and John McCain show their rivalry during Senate hearings on Iraq with General David Petraeus Petraeus advises suspending Iraq withdrawal Petraeus backs pause in Iraq troop cuts Petraeus Backs Pause Of Troop Withdrawal Petraeus calls for 45-day pause in troop withdrawals Petraeus Calls for July Halt in Troop Withdrawals Petraeus calls for troop reduction halt Petraeus Calls for Troop Withdrawal Halt Petraeus faces candidates Petraeus faces next president Petraeus halts troop withdrawals from Iraq Petraeus Not Given Much Warning On Petraeus outlines suspension of troop withdrawals Petraeus recommends open-ended halt to troop reductions Petraeus recommends troop pause Petraeus says too-rapid withdrawal would jeopardize gains in Iraq; Bush to speak Thursday Petraeus Supports Pause In Troop Drawdown Petraeus testimony provides fodder for candidates Petraeus wants to halt troop withdrawals in July Petraeus Wants U.S. Troop Withdrawal Pause Petraeus at Senate hearing doesn't commit to additional troop withdrawals beyond July Petraeus Iraq Evaluation Period Needed Petraeus Return to 'pre-surge' levels then Report Gen. David H. Petraeus delivered Tuesday before Petraeus Backs Pause Of Troop Withdrawal Security gains 'fragile' in Iraq Petraeus warns UPDATE Petraeus doesn't commit to additional troop Miami Petraeus Proposes Troop Holding Pattern (more) (less) David Petraeus Hillary Clinton John McCain Iraq Withdrawal War Senate hearings U.S. Troop Pause Tags: David Petraeus Hillary Clinton John McCain Iraq Withdrawal War Senate hearings U.S. Troop Pause

User: linsonfritschnih

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User: ccb5ft10

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User: Gunmonkey007

I don't Even Know her Name (I did not make this song, its from a band called the Withdrawals, I am uploading this song because I really wanted others to hear it.) I don't even know your name, I don't even care, no no, I want to lay you down in the tall grass and make sweet love to you right now right now, You don't even know my name, You don't even care no no, You just want to lay you down in the tall grass and make sweet love to you right now right now, But you believe in something people, you get caught up, you don't realize the world keeps turning around and around and around, now don't know what I mean, you might as well believe in something, you might as well believe in love, might as well believe in love. I don't even know your name, I don't even care, no no, Gonna lay you down tall grass and tell you everything be alright now girl, Gonna lay you down tall grass and make sweet love to you tonight, You be singing now, Oh yeah, but you believe in something people, They get caught up you don't realize the world keeps turning around and around now, you might as well believe in something, you might as well believe in love, Hey hey hey, I don't even know your name, I don't even care, no no, Just want to lay you down in the tall grass and make sweet love to you right now right now, Gonna lay you down in the tall grass and make sweet love to you tonight alright Tags: Withdrawals name know rock

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