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19407
“Let the Headlines Speak”
by From the Internet   
July 3rd, 2013

Military Coup in Progress in Egypt
..sources in the Mohammed Morsi administration, a military coup is underway in Egypt. An advisor to Morsi told NBC News that tanks were moving outside Cairo and that Morsi’s communications had been cut and the president had been isolated. That cutoff came hours after the military’s vague ultimatum to Morsi to step down passed, with crowds celebrating in Tahrir Square. The Muslim Brotherhood reports that its members have been imprisoned by the military.  

EU accuses 13 banks of derivatives collusion
EU investigators accused 13 top banks including Barclays, Deutsche Bank and Goldman Sachs on Monday of colluding over derivatives trading, in a new move to tighten banking standards. "If it is confirmed that banks collectively blocked exchanges from the derivatives market, the Commission could decide to impose sanctions," Almunia said at a press briefing. "Exchange trading of credit derivatives improves market transparency and stability," he said. Collusion between banks to prevent this type of trading would be "a serious breach of our competition rules", he said. Almunia declined to give an estimate of the size of possible fines on the banks but he said the CDS market at the moment was worth about 10 trillion euros ($13 trillion).  

Crucial Rule Is Delayed a Year for Obama’s Health Law
In a significant setback for President Obama’s signature domestic initiative, the administration on Tuesday abruptly announced a one-year delay, until 2015, in his health care law’s mandate that larger employers provide coverage for their workers or pay penalties. The decision postpones the effective date beyond next year’s midterm elections.  

There is no place the IDF can’t reach, says Netanyahu
Prime Minister Benjamin Netanyahu on Tuesday reminded the world of the IDF’s capabilities, speaking during a Knesset ceremony marking the 37-year anniversary of Operation Yonatan, the raid on Uganda’s Entebbe airport to free over 100 passengers held hostage after a terrorist hijacking.  

Report: Egyptian army getting ready to take over
Egypt's flagship state newspaper Al-Ahram reported Wednesday that the Egyptian army is taking a number of steps that signal it is getting ready to take the reigns when a deadline set by the army for resolving the country's political crisis expires.  

White House Violates Law With Obamacare Delay
Obama administration officials are illegally delaying enforcement of a central provision in the president’s namesake legislation in a desperate attempt to manipulate the 2014 midterm elections and swell the ranks of those who look to government for healthcare.  

Egyptian Protesters Blame Obama For Morsi Dictatorship
Images seldom broadcast on mainstream media networks reveal a wave of anti-Obama fervor has gripped Egypt as demonstrators blame the White House for helping to install Mohamed Morsi, the Muslim Brotherhood leader who could be toppled later today  

China to join Russia for largest naval drills with foreign partner
China will join Russia later this week for its largest-ever naval drills with a foreign partner, underlining deepening ties between the former cold war rivals along with Beijing's desire for closer links with regional militaries. China has long been a key customer for Russian military hardware, but only in the last decade have their militaries begun taking part in joint exercises.  

The Middle East Is on Fire: An Unsettling Wrap-Up of the Death, Destruction and Chaos From Around the Globe
The Middle East, on the other hand, is literally on fire. Tuesday was deadly and chaotic for parts of the region with nearly 70 deaths reported. Sadly, that is becoming the norm as chaos continues to destabilize parts of the globe. Here is a recap of some of the most recent carnage. Keep in mind, these incidents are from Tuesday only.  

Indonesia quake toll rises to 22
More than 200 people were also injured in Aceh's mountainous interior when the strong 6.1-magnitude quake struck on Tuesday, flattening buildings and triggering landslides.  

Fourth of July terror alert in the U.S.
The U.S. is on high alert, fear of Fourth of July terror attacks has law enforcement officials across the U.S on the lookout for potential terrorists on Thursday. According to the Daily Mail the notice was issued in a ‘Roll Call Release’ by the FBI and Department of Homeland Security, and obtained by ABC News.  

Abortionists Declare Their Team: Chant “Hail Satan” as Christians Sing Amazing Grace
As Texas gears up to push legislation that would prohibit late term abortions — those conducted after 20 weeks — Christian activists in the Texas State Capitol sang “Amazing Grace.” Abortion rights activists, there to support killing kids, tried to shout down the Christians by chanting “Hail Satan.” Yes, there is video.  

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