Thursday, May 28, 2009

Obama says Israel must stop settlement construction

Israel rebuffs U.S. call for total settlement freeze

'Iran ups uranium enrichment capacity'

And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
(Revelation 13:16,17)

Single-Regulator Plan for Banks Now Close

Wall Street Journal
MAY 28, 2009

WASHINGTON -- Top Obama administration officials are close to recommending that Congress create a single regulator to oversee the entire banking sector, people familiar with the matter said, a departure from the hodgepodge of federal agencies that failed to contain the financial crisis as it ballooned out of control last year.

The new agency is expected to be a major plank in a proposal that Treasury Secretary Timothy Geithner and White House officials send Capitol Hill in a few weeks with the goal of overhauling supervision of financial markets.

Other components under consideration are an agency to police financial products offered to consumers and a beefed-up investor protection regulator.

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Divided Jerusalem