Norwegian ambassador's
residence damaged in
Islamabad blast
The Norwegian ambassador's residence in Islamabad was damaged by the explosion which destroyed Hotel Mariott in Pakistan's capital on Saturday, but there are no reports of Norwegians injured in the blast.
One Norwegian woman who stayed at the Mariott was brought to safety without being hurt.
The hotel is located in an residencial area, where the ambassador's residence is also situated. Windows and doors of the building were blown out by the explosion, ambassador Aud Marit Wiig said to NRK.
Foreign Minister Jonas Gahr Stoere has strongly condemned the bomb attack on the hotel, which killed at least 60 persons and injured several hundred.
Source: NRK/Norway Post
2 comments:
Massive Bomb Destroys Marriot In Pakistan
Pakistan Bomb Is A Suspected Israeli False Flag
The Hotel Was Full And The Death Toll Is Unknown
People Were Heard Screaming As They Were Burnt Alive
A Forty Foot Deep Bomb Crater
The Bomb Crater
Israeli Agents Spreading Rumors This Is The CIA
The US forces and Pakistan have been involved in border confrontations for six months, and Mossad agents are saying that the US is teaching Pakistan a lesson. The truth is this is about creating a trail to the sale of some of Pakistan's nukes.
An Unusual Assassination
Benazir Bhutto was assassinated on 12/27/2007 and again there were rumors the US was involved.
Numerous Raids By US Forces
Since the beginning of 2008 there have been four raids by US unmanned drones that have killed 200 civilians. The targets have been wedding parties to a seminary, and a commando raid.
Pakistan Fires On US Troops
Pakistan fires shots at Americans on the border.
Bomb Attack Blamed On CIA
On 9/20/08 a bomb destroyed the 300 room Marriot. Here is a night picture of a 40 foot deep crater.
Here Is The Real Danger
Pakistan has 125 nukes, and they are an Islamic country. There is no doubt that Israel will pull A False Flag on an American city, and blame it on Iran. But they need a clear trail to an Islamic nuke, and that is what this is all about.
Look At Pakistan
The country is a sewer of 176 million starving people, with a GDP of $2,600. How were they allowed to develop a nuclear program?
Israel Is Afraid
After Bhutto's assassination Israel laid the seed for Islam to get Pakistan's nukes.
It's All About Timing
The Zionists are starting to implode the world economy, and that has to be tied to a Muslim False Flag. The Zionists have planned this for 100 years, and with any con there has to be a fall guy. If America goes into a financial collapse, and a leader comes along that makes the case it was orchestrated like 1929, than the rope will come out.
A nuke in an American city that leads to war in the Persian Gulf is just the ticket that international Jewry wants.
The bailout will cost $700 Billion; raise debt ceiling to $11.3 Trillion, which is $81,884 / citizen
by MikeWB on Sat Sep 20, 2008 8:35 pm
Bush team, Congress negotiate $700B bailout
Saturday September 20, 7:52 pm ET
By Julie Hirschfeld Davis and Deb Riechmann, Associated Press Writers
Bush team, Congress negotiate bailout as Democrats seek homeowner help, executive pay caps
WASHINGTON (AP) -- The Bush administration asked Congress on Saturday for the power to buy $700 billion in toxic assets clogging the financial system and threatening the economy as negotiations began on the largest bailout since the Great Depression.
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The rescue plan would give Washington broad authority to purchase bad mortgage-related assets from U.S. financial institutions for the next two years. It does not specify which institutions qualify or what, if anything, the government would get in return for the unprecedented infusion.
Democrats are pressing to require that the plan help more strapped borrowers stay in their homes and to condition the bailout on new limits on executive compensation.
Congressional aides and administration officials are working through the weekend to fill in the details of the proposal. The White House hoped for a deal with Congress by the time markets opened Monday; top lawmakers say they would push to enact the plan as early as the coming week.
"We're going to work with Congress to get a bill done quickly," President Bush said at the White House. Without discussing specifics, he said, "This is a big package because it was a big problem."
The proposal is a mere three pages long, but it gives sweeping powers to the government to dispense gigantic sums of taxpayer dollars in a program that would be sheltered from court review.
"It's a rather brief bill with a lot of money," said Sen. Chris Dodd, D-Conn., the Banking Committee chairman. "We understand the importance of the anticipation in the markets, but we also know that what we're doing is going to have consequences for decades to come. There's not a second act to this -- we've got to get this right."
Lawmakers digesting the eye-popping cost and searching for specifics voiced concerns that the proposal offers no help for struggling homeowners or safeguards for taxpayers' money.
The government must bail out the financial system "because if we don't, it will have a tremendous impact on American consumers, homeowners, taxpayers and the rest," House Speaker Nancy Pelosi, D-Calif., said in San Francisco.
But, she added, "We cannot deal with this unless this bailout helps families stay in their homes."
Senate Majority Leader Harry Reid, D-Nev. said "we cannot allow ourselves to be in denial about the threat now facing the world economy. From all indications, that threat is real, and the consequences of inaction could be catastrophic. Every single American has a stake in preventing a global financial meltdown."
The proposal would raise the statutory limit on the national debt from $10.6 trillion to $11.3 trillion to make room for the massive rescue.
"The American people are furious that we're in this situation, and so am I," the House's top Republican, Ohio Rep. John A. Boehner, said in a statement. "We need to do everything possible to protect the taxpayers from the consequences of a broken Washington."
Signaling what could erupt into a brutal fight with Democrats over add-on spending, Boehner said "efforts to exploit this crisis for political leverage or partisan quid pro quo will only delay the economic stability that families, seniors, and small businesses deserve."
Bush said he worried the financial troubles "could ripple throughout" the economy and affect average citizens. "The risk of doing nothing far outweighs the risk of the package. ... Over time, we're going to get a lot of the money back."
He added, "People are beginning to doubt our system, people were losing confidence and I understand it's important to have confidence in our financial system."
Neither presidential candidate took a position on the proposal. GOP nominee John McCain said he was awaiting specifics and any changes by Congress.
Democratic rival Barack Obama used the party's weekly radio address to call for help for Main Street as well as Wall Street.
Their language reflected a tricky balance that politicians in both parties are trying to strike, just six weeks before Election Day: Back a plan that doles out hundreds of billions to companies that made bad bets and still identify with the plight of middle-class voters.
Besides mortgage help and executive compensation limits, Democrats are considering attaching middle-class assistance to the legislation despite a request from Bush to avoid adding items that could delay action. An expansion of jobless benefits was one possibility.
Bush sidestepped questions about the chances of adding such items, saying that now was not the time for posturing. "I think most leaders would understand we need to get this done quickly, and you know, the cleaner the better," he said about legislation being drafted.
Treasury officials met congressional staff for about two hours on Capitol Hill on Saturday. Discussions centered on how the plan would work, and Democrats proposed adding the executive compensation limits and new foreclosure-prevention measures. Details of those changes were not available Saturday. Bush and Treasury Secretary Henry Paulson conferred by phone for about 20 minutes in the afternoon, gauging how the negotiations were unfolding.
Among the key issues up for negotiation is which financial institutions would be eligible for the help. The proposed legislation doesn't make it clear, leaving open the question of whether hedge funds or pension funds could qualify.
On Saturday night, Treasury released a fact sheet stating that eligible financial institutions "must have significant operations in the U.S." unless Paulson determines, after consulting with Federal Reserve Chairman Ben Bernanke, that "broader eligibility is necessary to effectively stabilize financial markets."
The proposal does not require that the government receive anything from banks in return for unloading their bad assets. But it would allow Treasury to designate financial institutions as "agents of the government," and mandate that they perform any "reasonable duties" that might entail.
The government could contract with private companies to manage the assets it purchased under the rescue.
Paulson says the government would in essence set up reverse auctions, putting up money for a class of distressed assets -- such as loans that are delinquent but not in default -- and financial institutions would compete for how little they would accept.
Associated Press Writer Terence Chea contributed to this report from San Francisco.
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