Friday, April 26, 2013

Greg Hunter, “Weekly News Wrap-Up 4.26.12”

“Weekly News Wrap-Up 4.26.12”
By Greg Hunter’s 

New news about the Boston bombing suspects, and it is not pretty. It is reported that Russia contacted the U.S. government “multiple times” about Tamerlan Tsarnaev. He’s the older brother that was killed in a shootout with police and FBI.  The FBI’s excuse for not taking Russian warnings seriously was the FBI thought Tsarnaev did not pose a threat. Lawmakers are looking into what went wrong and how to stop future terror plots.  

It looks like Secretary of Defense Chuck Hagel is green lighting attacks on both Syria and Iran by Israel. To help the Israelis, Hagel is approving the sale of more military hardware to Israel that includes air refueling tankers. There was no timeline announced, but Hagel says there is “complete” agreement on Iran policy  He also indicated that Israel can make preemptive strikes into Syria and Lebanon.  

There’s a stampede into both physical gold and silver. Reports are coming in from around the globe about heavy buying of both metals.  Silver, in particular, is in short supply, and U.S. Mint sales are the highest since 2009.  The Mint ran out of 10th ounce Gold Eagles this week. 

Former MF Global CEO Jon Corzine is being sued by the bankruptcy trustee, Louis Freeh. Freeh says Corzine is responsible for the bankruptcy of MF Global on “risky trading strategies.” He’s suing to recover losses to clients. MF Global went bust on Halloween 2011. 

Lawmakers are secretly talking about exempting Congress from Obama Care. It’s not a secret any longer.  If Obama Care was so good, why is Congress and its staff trying to get out of it?    

I am currently in Missouri, and the swing from drought last year to flooding this year is extreme. The drought is over in the Eastern half of the Midwest, but there are still some extreme drought conditions in the states of Texas, Oklahoma, Kansas and Nebraska, to name a few.  Flooding can be just as bad as drought, but both are damaging to crops. Don’t expect a price break in the rising cost of food this year. 

Join Greg Hunter as he gives his analysis of these stories and more in the Weekly News Wrap-Up.”

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