New Scientific Evidence Suggests There’s An Ocean The Size Of All Oceans Combined Deep Inside The Earth

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New Scientific Evidence Suggests There’s An Ocean The Size Of All Oceans Combined Deep Inside The Earth

War Reports: Western media frenzy suggests "Russia invades Ukraine"

War Reports: Western media frenzy suggests "Russia invades Ukraine"
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Russia Suggests that the Kiev Government Will Start Ethnic "Cleansing" in Crimea

Russia Suggests that the Kiev Government Will Start Ethnic "Cleansing" in Crimea
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Murteza Esenkal, chairman of Crimean Turkish Foundation, addresses a rally by Turks of Crimean Tatar origin who were demonstrating to protest against Russia"s military intervention in Crimea, Ukraine, in Ankara, Turkey, Sunday, March 2, 2014.  (AP)

Putin"s spokesperson Dimitry Peskov has upped the rhetorical game by introducing a very charged subject into the debate over the Ukrainian region of Crimea. On Friday, Peskov predicted that "those who were behind the coup" would begin ethnic "cleansing" in Crimea. Although Peskov"s intention was to draw attention to the reasons Putin"s government believes Russia"s military needs to "protect" the region (which has a large population of ethnic Russians), there is actually a real concern among some about ethnic cleansing in the region amid the unrest. Just not for the reasons Peskov is implying. 

During the Stalin-era Soviet Union, the bulk of Crimea"s population of Tatars were deported to Central Asia. Although the government claimed that the Tatars had collaborated with the Nazis as their excuse for removing the Sunni Muslim population from its home, there"s little evidence of that. In any case, when the Tatars were gone, ethnic Russians moved in to the towns and homes they once occupied, to resettle the peninsula as Russian. About half of the Tatar population died off in exile, until Mikhail Gorbachev allowed the population to once again set foot in Crimea decades later. The Tatars quickly began to repatriate their historical home. And now, Tatars are about 13 percent of the Crimean population, and they"re pro-Ukrainian. That"s caused a lot of tension. 

And now that Russia has advanced into Crimea once more, some are worried that the Tatars will face increased intimidation. The New Yorker noticed that the doors of some Crimean Tatars have been marked with X"s in recent days, something that happened during the Stalin-era mass deportations: 

When I walked up Chiisty Istochniki Street from the Memetovas’ house, I saw similar marks on four other houses, all of them residences of Crimean Tatars, Kadyrov said. The houses of their Russian neighbors, however, had not been touched. Similar markings have been reported in other parts of Bakhchysarai, and in some areas of the regional capital, Simferopol. Kadyrov told me that he called the police, who came out see his gate, but they refused to register a case. He was not surprised. “The police will not help us,” he said. “They told me Crimean Tatars are not a priority for them. Of course not—they are punishing us because we do not want Putin here.”

Yesterday, the Crimean parliament voted to support a merger between the Ukrainian region and Russia. The proposal, supported by the Russian government, will go before Crimean voters on March 16th. The Tatars are mostly opposed to that referendum. 

The Wire

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Senator suggests quick approval, delayed enactment of immigration law

Sen. Charles Schumer (D-NY) delivers remarks about the Rise of the Tea Party and How Progressives Can Fight Back at the Center for American Progress Action Fund in Washington January 23, 2014.

Credit: Reuters/Yuri Gripas

Reuters: Politics

Senator suggests quick approval, delayed enactment of immigration law

Lobbyist Suggests Iran False Flag.

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Lobbyist Suggests Iran False Flag.

Fed suggests it"s closer to slowing bond purchases

Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington, Wednesday, May 22, 2013, before a Joint Economic Committee hearing on “The Economic Outlook”. Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs. (AP Photo/Manuel Balce Ceneta)

Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington, Wednesday, May 22, 2013, before a Joint Economic Committee hearing on “The Economic Outlook”. Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs. (AP Photo/Manuel Balce Ceneta)

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WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it’s moving closer to slowing its bond-buying program, which is intended to keep long-term interest rates at record lows.

Chairman Ben Bernanke said the Fed could start scaling back its $ 85 billion in monthly bond purchases later this year if the economy continues to improve. He said the reductions would occur in “measured steps” and that the purchases could end by the middle of next year.

He spoke at a news conference after the Fed ended a two-day policy meeting.

After a two-day meeting, the Fed voted to continue the pace of its bond-buying program for now. But it offered a more optimistic outlook for the U.S. economy and job market.

Investors reacted by selling both stocks and bonds. The Dow Jones industrial average was down 90 points shortly after Bernanke’s news conference began. The yield on the 10-year Treasury note shot up to 2.27 percent from 2.21 percent just before the statement came out.

In the statement, the Fed says the economy is growing moderately. And for the first time it said the “downside risks to the outlook” had diminished since fall.

Timothy Duy, a University of Oregon economist who tracks the Fed, calls the statement “an open door for scaling back asset purchases as early as September.”

The fact that the Fed foresees less downside risk to the job market “gives them a reason to pull back” on its bond purchases, Duy says.

The Fed says it will keep buying $ 85 billion a month in bonds until the outlook for the job market improves substantially. The goal is to lower long-term interest rates to encourage borrowing, spending and investing. It hasn’t defined substantially.

The central bank also said that it would maintain its plan to keep short-term rates at record lows at least until unemployment reaches 6.5 percent.

The Fed also said that inflation was running below its 2 percent long-run objective, but noted that temporary factors were partly the reason.

The Fed also released its latest economic projections on Wednesday, which predicted that unemployment will fall a little faster this year, to 7.2 percent or 7.3 percent at the end of 2013 from 7.6 percent now. It thinks the rate will be between 6.5 percent and 6.8 percent by the end of 2014, better than its previous projection of 6.7 percent to 7 percent.

“The more upbeat tone and the change in the unemployment forecast will only encourage expectations for action soon,” Jim O’Sullivan, chief U.S. economist at High Frequency Economics, wrote in a research note. “We continue to believe that tapering could start at the Sept. 17-18 meeting.”

The Fed said inflation could run as low as 0.8 percent this year. But the Fed predicts it will pick up next year to between 1.4 percent and 2 percent.

The statement was approved on a 10-2 vote. James Bullard, the president of the Federal Reserve Bank of St. Louis, objected for the first time this year, saying he wanted a stronger commitment from the Fed to keep inflation from falling too low.

Esther George objected for the fourth time this year, again voicing concerns about inflation rising too quickly.

The ultra-low rates engineered by the Fed have helped fuel a housing comeback, support economic growth, drive stocks to record highs and restore the wealth America lost to the recession.

Financial markets have been gyrating in the four weeks since Chairman Ben Bernanke told Congress the Fed might scale back its effort to keep long-term rates at record lows within “the next few meetings”— earlier than many had assumed.

Bernanke cautioned that the Fed would slow its support only if it felt confident the job market would show sustained improvement. And he also told lawmakers that the Fed must take care not to prematurely reduce its stimulus for the still-subpar economy.

The Fed announced after its September meeting that it would purchase $ 40 billion a month in mortgage bonds for as long as it deems necessary. And in December, the Fed expanded the program to $ 85 billion a month, adding $ 45 billion a month in Treasury bond purchases. The Treasury purchases replaced an expiring bond-purchase program.

Job growth picked up after the Fed announced the latest round of bond purchases. Since October, the economy has added an average of 196,500 jobs a month, up from 157,000 a month in the previous eight months.

Last month, the U.S. economy added a solid 175,000 jobs. But the unemployment rate is still high at 7.6 percent. Economists tend to regard the job market as healthy when unemployment is between 5 percent and 6 percent.

Associated Press

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Fed suggests it"s closer to slowing bond purchases