Live talk radio from the Texas Hill Country

Daily Archives: July 28, 2008

If Iran is Attacking It Might Really be Israel

The Benny Morris op-ed in the NYT last Friday should provide convincing evidence that Israel really really really wants an attack against Iran sooner rather than later. Morris is close to the Israeli government and his case that Iran must be bombed soon and with maximum conventional weaponry to avoid using nukes later was clearly…

Aussi Bank Writedown Shock Street

The National Australia Banks decision to write off 90 per cent of its US conduit loans will have dramatic repercussions around the world. Wall Street will be deeply shocked when they understand the repercussions of what NAB has done. It is clear global banks have nowhere near provided for their exposures to US housing loans…

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