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Archive for January, 2009

Beit Hanoun, Gaza.

Posted by midcan5 On January - 8 - 2009

Riding on Fire By Ewa Jasiewicz

“I’ve been working with the Palestinian Red Crescent ambulance services in Jabaliya, Beit Hanoun and Beit Lahiya for the past 5 days and nights.

For the past five days the Red Cross and the Red Crescent emergency services have been blocked from evacuating the injured and the dead from key areas surrounding Jabaliya and Gaza City. Special Forces have occupied houses in the areas of Zeitoun, Atarturah, Zoumo and Salahedeen.

Paramedic Ali Khalil’s team was shot at on Monday afternoon. He told me, ‘We had been told we had the go-ahead from the Israeli army through co-ordination with the Red Cross but when we arrived at the area we were shot at. We had to turn back’. Yesterday afternoon, a medical volunteer, Hassan, was shot in the leg as he and his colleague had to drop the stretcher they were carrying after coming under Israeli sniper fire. There are reports of scores of dead bodies lying in the streets un-claimed. The Palestinian Red Crescent Society estimates there are 230 injured which they haven’t been able to pick up.

I’ve been working with the Palestinian Red Crescent ambulance services in Jabaliya, Beit Hanoun and Beit Lahiya for the past 5 days and nights.”

Read here.

Madoff

Posted by midcan5 On January - 6 - 2009

The Madoff story exemplifies the reasons all economic ideologies fail, those pesky humans. It is about trust, naivete, greed, false hope, the American dream and the destruction of the American dream. It further verifies if it is too good to be true it is too good to be true.

‘What We Wrote About Madoff’

“Our 2001 story, excerpted here, questioned Bernie Madoff’s too-good-to-be-true track record well before his Ponzi scheme was exposed.

“What Madoff told us was, ‘If you invest with me, you must never tell anyone that you’re invested with me. It’s no one’s business what goes on here,’” says an investment manager who took over a pool of assets that included an investment in a Madoff fund. “When he couldn’t explain how they were up or down in a particular month,” he added, “I pulled the money out.”"

Read here and more here.