Friday, December 26, 2008 15:06
cancels troops’ leave over India tension Pakistan’s army has cancelled leave and
ordered troops to report to duty because of tension with old rival India
over last month’s militant attacks in Mumbai, a military official
and soldiers said on Friday.
One Third Of Banks Could Collapse In 2009 Financial analyst Ralph Silva of TowerGroup
told CNBC this morning that he expects no less than one third of banks
to fail in 2009 and that anything up to a thousand could collapse if
they don't merge.
House: Expect more pardons
In today’s White House press briefing, a reporter noted to spokesman
Tony Fratto that the “administration has indicated that the president
is unlikely, at the last minute, to issue a batch of pardons.”
the U.S. Break Up?
The larger and more complex a system, the more likely it is to break
down. Something like a simple pendulum with few moving parts could
last many years. But very large, complicated things like the Large
Hadron Collider break down much more quickly.
Trust Runs Out Every society and every institution
rests heavily on trust. There is active trust, the result of “trust,
but verify.” I call this stage one trust. Then there is stage
two trust, which I call default trust: “Trust, and assume
that someone else has verified.”
’secretly taped Damian Green arrest’ The controversy over the arrest
of Tory frontbencher Damian Green took a new twist today after it
emerged the arresting officers were wearing sound recording equipment
at the time.