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John F. Kennedy, the thirty-fifth president of the United States, is assassinated during a political trip to Dallas, Texas. (Earl Warren 9/24/1964, pp. 48) Kennedy is assassinated inside a motorcade, sitting alongside his wife Jacqueline “Jackie” Kennedy, Texas Governor John Connally, his wife Nellie Connally; driving the motorcade is Secret Service agent William Greer, who is sitting next to Roy Kellerman, assistant special agent-in-charge of the Secret Service White House detail. Before the first bullet hits him, Kennedy is waving to his right at a group of people standing near a sign reading “Stemmons Freeway”. His right arm and hand are slightly over the side of the car. Approaching what is known as the “Triple Underpass”, a railroad bridge converging three streets underneath, Mrs. Connally says to the president: “Mr. President, you can’t say that Dallas doesn’t love you.” Kennedy replies, “No, you certainly can’t.” (Marrs 1/22/1993, pp. 11) According to the Warren Commission: “… as the President’s open limousine proceeded at approximately 11 miles per hour along Elm Street toward the Triple Underpass, shots fired from a rifle mortally wounded President Kennedy and seriously injured Governor Connally. One bullet passed through the President’s neck; a subsequent bullet, which was lethal, shattered the right side of his skull. Governor Connally sustained bullet wounds in his back, the right side of his chest, right wrist, and left thigh.” (Earl Warren 9/24/1964, pp. 48)
President Jimmy Carter signs the Depository Institutions Deregulation and Monetary Control Bill into law. Carter says the bill will “help control inflation, strengthen our financial institutions and help small savers.” Among the bill’s main provisions are raising of ceilings on the interest paid to small savers and a substantial enhancement to the monetary control powers of the nation’s central bank, the Federal Reserve System. The main provisions of the law:
Permanently overrides state-imposed ceilings on mortgage rates unless states act within three years to reenact them.
Wipes out for three years interest rate limits on agricultural and business loans of more than $25,000.
Increases to 15 percent from 12 percent the maximum interest rate on credit union loans, with even higher rates possible for periods up to 18 months.
Continues use of credit union share drafts, bank’s automatic transfer accounts and remote service units.
Simplifies truth-in-lending laws.
Requires lenders to repay consumers for overcharges.
Authorizes federal savings and loan associations to expand their consumer loan and credit card operations and allows them to offer trust services.
Gives the Federal Reserve a more effective reach by establishing a universal and uniform system of banking reserves. Over an eight year period all depository institutions, including savings and loan associations and mutual savings banks, will be encouraged to post reserves with their chapter Federal Reserve banks which will be 12 percent of all transactions as opposed to the tiered structure at 16 1/4 percent, leaving those that left the Federal Reserve System prior to the enactment of this law at a competitive disadvantage until they themsleves register their funds with the Federal Reserve. (Farnsworth 4/1/1980, pp. 1)
After the 1993 WTC bombing (see February 26, 1993), New York District Attorney Robert Morgenthau’s investigators search El Sayyid Nosair’s belongings (see November 5, 1990 and After) and find a bomb formula which was quite similar to the bomb used to attack the WTC. This discovery would link Sheikh Omar Abdul-Rahman’s group to the bombing. The belongings also include a taped plea from Abdul-Rahman to destroy “the towers that constitute the pillars” of the civilization of “enemies of God.” Some suspect this is a reference to the WTC. But the FBI refuses to acknowledge and follow up on the bomb formula or other leads from Nosair. Morgenthau later concludes that the CIA may have pressured the FBI to back off from evidence which led to Abdul-Rahman, as well as blocking other investigative leads (see Late 1980s and After). (Goodman 11/21/1994; Friedman 3/17/1995)
John Meriwether, formerly of Salomon Brothers, starts the process of collecting talented individuals to form a team to head a new hedge fund based on arbitrage deals surrounding government bonds. The “new” model will pull from George Soros’ Quantum fund tactics and high-level academic consultants to achieve possible gains in derivatives off fluctuations in the valuation of the government bonds. The fund will start with a $2-3 billion dollar investment fund, which, from its inception, will be managed by “some of Wall Street’s best traders and some of academia’s most influential minds.” (Hansell 9/15/1993)
The Intergovernmental Panel on Climate Change (IPCC) releases its third assessment report on global warming, concluding that the planet’s atmosphere is warming faster than expected, and that evidence supports the theory that it is being caused by human activity. The study predicts that the world’s average surface temperature will rise 2.5 to 10.4 degrees Fahrenheit between 1990 and 2100. The IPCC’s 1995 estimate had only projected an increase of 1.8 to 6.3 degrees. The higher temperatures will cause glaciers to recede, pushing sea levels between 3.54 and 34.64 inches higher, the study says. Tens of millions of people living in low-lying areas will be displaced by the rising sea levels. The report also supports the conclusions of a 1998 study arguing that the last few decades of the twentieth century were warmer than any other comparable period in the last 1,000 years (see April 23, 1998). The IIPC’s 1,000 pages-plus report, written by 123 lead authors from all over the world, drew on the work of 516 contributing experts. At a news conference coinciding with the report’s release, IPCC chairman Robert Watson says, “We must move ahead boldly with clean energy technologies and we should start preparing ourselves for the rising sea levels, changing rain patterns and other impacts of global warming.” (Intergovernmental Panel on Climate Change 2001; Wu 1/22/2001)
With the exception of Venezuelan President Hugo Chavez, 34 heads of state attending the Organization of American States (OAS) summit, pledge to direct their “Ministers to ensure that negotiations of the FTAA [Free Trade Area of Americas] Agreement are concluded no later than January 2005 and to seek its entry into force as soon as possible thereafter, but in any case, no later than December 2005.” (Stevens 4/18/2001; Andean Community 4/22/2001; Haiti Weekly News 5/2/2001) According to an unnamed senior offical at the US State Department, the declaration also lays the groundwork for creating a legal pretext for blocking aid to countries. (US Congress 7/15/2003 ; Farmer 4/15/2004) The section of the declaration discussing the OAS’s commitment to democracy reads: “… any unconstitutional alteration or interruption of the democratic order in a state of the Hemisphere constitutes an insurmountable obstacle to the participation of that state’s government in the Summit of the Americas process….To enhance our ability to respond to these threats, we instruct our Foreign Ministers to prepare, in the framework of the next General Assembly of the OAS, an Inter-American Democratic Charter to reinforce OAS instruments for the active defense of representative democracy.” (Andean Community 4/22/2001; Ives and Dunkel 4/25/2001) During the summit, before the final declaration is made, Haiti is singled out as the region’s problem democracy. “Democracy in certain countries is still fragile,” Canadian Prime Minister Jean Chretien says, “We are particularly concerned about the case of Haiti. We note the problems which continue to limit the democratic, political, economic, and social development of this country.” (Ives and Dunkel 4/25/2001) Press reports note the ant-Aristide atmosphere. The BBC reports, “Correspondents say the presence of Mr. Aristide at the summit has been an embarrassment to some of the leaders, who agreed that only democratic countries would be included in the Free Trade Zone of the Americas.” (BBC 4/22/2001) The New York Post similarly recounts, “Diplomats said the expressions of concern about Haiti were to make sure that Aristide can’t use his presence at the summit… to claim he has international support.” (Orin 4/23/2001) And according to Reuters, “the Summit decided to comment on Haiti because leaders did not want Aristide to return home in triumph.” (Orin 4/23/2001; Ives and Dunkel 4/25/2001)
Twenty-six hours after the collapse of the World Trade Center’s North Tower, rescue workers pull Genelle Guzman out from the rubble. Guzman was traveling down the stairs in the North Tower when the building collapsed. She was unaware of what exactly had happened and went in and out of consciousness during her entrapment. She is rescued around noon by a man named Paul, whose exact identity is unknown. Guzman is the last survivor to be rescued from the WTC wreckage throughout the entire cleanup, and search and recovery operations. (Anderson 9/1/2004, pp. 7-14)
The Intergovernmental Panel on Climate Change (IPCC) releases its third assessment report concluding that evidence indicates that human activity is the major force behind global warming. “The report analyzes the enormous body of observations of all parts of the climate system, concluding that this body of observations now gives a collective picture of a warming world…. A detailed study is made of human influence on climate and whether it can be identified with any more confidence than in 1996, concluding that there is new and stronger evidence that most of the observed warming observed over the last 50 years is attributable to human activities.” The panel also notes in its report that “the globally averaged surface temperature is projected to increase by 1.4 to 5.8 degrees Celsius over the period 1990 to 2100.” Roughly 1,000 experts from around the world participated in the drafting, revising and finalizing of the report and approximately 2,500 helped review it. (Intergovernmental Panel on Climate Change 2001; CBS News 6/19/2003; Jackson 6/20/2003)
The UN High Commissioner for human rights in Bosnia, Madeleine Rees, demands that colleagues involved in the sex trade in Bosnia, including some UN officials, international peacekeepers, and police, be stripped of their immunity and prosecuted. She accuses Jacques Paul Klein, the former head of the UN mission in Bosnia, of not taking UN complicity in the country’s increasing sex trade seriously enough. There has been a recent upsurge in the trafficking of women in Bosnia, with reports documenting women as young as 12 years old being kidnapped from their homes in eastern Europe and being forced into prostitution by organized criminal gangs. The demand for young women in Bosnia began in the mid-1990s with the arrival of tens of thousands of male UN personnel. Some UN personnel and international aid workers have been linked to prostitution rings in the area. Rees says private contractors such as DynCorp are major contributors to the problem. She goes on to explain how foreign nationals enjoy immunity from punishment, and how no one is prosecuted if a brothel is raided and UN police are found inside. Jan Oskar Solnes, a spokesman for the European Union Police Mission in Bosnia and Herzegovina, responding to Rees comments, says: “It’s correct we have diplomatic immunity, but I imagine any incident [of sexual misconduct] would be a personal rather than professional matter.” Kirsten Haupt, a spokeswoman for the United Nations Liaison Office (UNLO) in Bosnia, says, “All cases have been thoroughly investigated. We have sent a number of officers home. There is absolutely no toleration of a ‘boys will be boys’ attitude here.” Also, an unnamed spokesman for DynCorp says, “We do not make it a practice to comment on opinions… However, we are familiar with previous public statements Ms. Rees has made about involuntary servitude and DynCorp continues to share her concerns for women held against their will in Bosnia, just as we condemn all human rights abuses anywhere in the world.” (Hipkins 2/9/2003)
Rabinder Singh, a senior officer in India’s Research and Intelligence Wing (RAW) defects to the US while under investigation for illegally passing classified documents to the CIA. It is suspected that high level colleagues in the RAW and CIA helped him to escape. (Times of India 6/9/2004) The Indian government believes that the defection is only the tip of the iceberg of infiltration of its intelligence agencies by the CIA and the Mossad. (Jane's International Security News 7/1/2004)
NATO adopts an official policy document mandating “zero-tolerance” for the trafficking in human beings by NATO forces and staff. The document is a result of discussions that began at NATO in the fall of 2003. The document says that NATO will increase cooperation among countries in order to combat the problem of human trafficking. Specific strategies outlined in the document include reviewing current legislation of member countries, encouraging member countries to approve the UN Convention Against Organized Crime, providing support to local authorities in their efforts to combat trafficking in human beings, imposing penalties on contractors who engage in human trafficking, and evaluating the implementation of the efforts of those involved. (NATO 6/29/2004)
The journal Nature publishes an article by MIT climatologist Kerry Emanuel suggesting that rising sea temperatures are producing stronger hurricanes. His study found that a combined measure of duration and wind speeds among North Atlantic hurricanes and North Pacific cyclones has almost doubled since the 1970s. “The best way to put it is that storms are lasting longer at high intensity than they were 30 years ago,” says Emanuel. (Emanuel 2005; Vergano 7/31/2005)
The Chicago Tribune publishes a multi-part series titled, “Pipeline to Peril,” summarizing its investigation of the human trafficking network that is supplying US military bases and private contractors in Iraq with cheap labor. The articles detail how Halliburton subsidiaries such as KBR are making use of over 200 illicit international human trafficking brokers for supplying cheap labor for the Iraq war effort, mainly from impoverished Asians. The brokers are often deceitful in their recruiting practices. For instance, they are reported to have promised jobs in luxury hotels in Jordan for the potential workers. The workers are required to pay hefty broker fees up front, and once trapped at halfway points in Jordan by those initial fees, they are informed that that they will be working in Iraq and their passports are confiscated. The article gives an example of twelve Nepalese workers who were kidnapped by Iraqi insurgents at gunpoint and later killed while traveling in an unprotected caravan across Iraq. (Simpson 10/9/2005)
The Aerospace Industries Association, along with representatives from the Boeing Company and the Northrop Grumman Corporation, meet with researchers at the Heritage Foundation to discuss plans to relax arms exporting rules so the industry can increase its sales of weapons to foreign countries. They are drafting a new export control law that they hope Congress will take up next year. (Aerospace Industries Association 10/2006 ; Wayne 11/1/2006)
Oxfam publishes a report concluding that poor people in developing nations are dying needlessly because drug companies and the governments of certain wealthy nations are putting a higher priority on defending intellectual property rights than protecting human life. According to the report, the United States has used free-trade agreements and threats of sanctions to prevent countries from producing and distributing low-cost generic drugs in order to preserve the monopolies of large drug companies. Likewise, the drugs makers themselves are pushing countries to prevent the sale of cheaper drugs. “Pfizer is challenging the Philippines government in a bid to extend its monopoly on Norvasc, a [blood] pressure drug. Novartis is engaged in litigation in India to enforce a patent for Glivec, a cancer drug, which could save many lives if it were available at generic prices,” the Guardian reports. The Oxfam report says that efforts to block the poor’s access to affordable medicine undermines the five-year old Doha declaration, which sought to improve poor countries’ access to cheap drugs. “[R]ich countries have failed to honor their promises. Their record ranges from apathy and inaction to dogged determination to undermine the declaration’s spirit and intent. The US, at the behest of the pharmaceutical industry, is uniquely guilty of seeking ever higher levels of intellectual property protection in developing countries,” the report says. (Boseley 11/14/2006; Oxfam 11/14/2006 )
The UN’s Intergovernmental Panel on Climate Change issues a summary of its fourth report concluding for the first time that global warming is “unequivocal.” The authors of the report also conclude that there is a 90 percent likelihood that greenhouse gases produced as a result of human activities have been the main cause of global warming since 1950. In its last report (see January 22, 2001), the panel made the same assessment, but with a confidence level of only 66 to 90 percent. The 20-page summary, meant for policymakers, will be followed by four technical reports that will be completed and published later in the year. The panel’s conclusions are based on “a three-year review of hundreds of studies of past climate shifts; observations of retreating ice, warming and rising seas, and other changes around the planet; and a greatly expanded suite of supercomputer simulations used to test how the earth will respond to a growing blanket of gases that hold heat in the atmosphere,” the New York Times reports.
Partial list of conclusions -
Global temperatures will increase 3.5 to 8 degrees Fahrenheit if carbon dioxide concentrations in the atmosphere attain levels twice that of 1750, before the Industrial Revolution.
Concentrations of carbon dioxide have reached a level not seen during the last 650,000 years, and the rate of increase is beginning to accelerate.
Even a moderate warming of the global climate would likely result in significant stress to ecosystems and change longstanding climate patterns that influence water supplies and agricultural production.
Sea levels will likely rise between 7 and 23 inches by 2100 and continue rising for at least the next 1,000 years.
“It is very likely that hot extremes, heat waves, and heavy precipitation events will continue to become more frequent.”
The panel expects that precipitation will increase at higher latitudes, while rainfall will likely decrease at lower latitudes. Semi-arid subtropical regions could see 20 percent less rain.
Oceans will absorb billions of tons of carbon dioxide which will form carbonic acid, thus lowering the pH of seawater and harming certain kinds of marine life such as corals and plankton.
If the level of greenhouse gases continues to grow, average temperatures by the end of the century could reach temperature not seen since 125,000 years ago when ocean levels were 12 to 20 feet higher than they are now. Much of that extra water is currently locked in the ice sheets of Greenland and Antarctica, which are beginning to melt. While there is evidence that the glaciers and ice sheets in the Arctic and Antarctic could flow seaward far more quickly than current estimates predict, the climate change panel did not include this in its assessment because it is forbidden by its charter to engage in speculation. According to Michel Jarraud, the secretary general of the United Nations World Meteorological Organization, “the speed with which melting ice sheets are raising sea levels is uncertain, but the report makes clear that sea levels will rise inexorably over the coming centuries. It is a question of when and how much, and not if.”
The harmful consequences of global warming can be lessened if governments take prompt action.
Achim Steiner, executive director of the United Nations Environment Program, which administers the panel along with the World Meteorological Organization, says: “In our daily lives we all respond urgently to dangers that are much less likely than climate change to affect the future of our children. Feb. 2 will be remembered as the date when uncertainty was removed as to whether humans had anything to do with climate change on this planet. The evidence is on the table.”
John P. Holdren, an energy and climate expert at Harvard, who is the president of the American Association for the Advancement of Science, says the report “powerfully underscores the need for a massive effort to slow the pace of global climatic disruption before intolerable consequences become inevitable.… Since 2001, there has been a torrent of new scientific evidence on the magnitude, human origins and growing impacts of the climatic changes that are under way. In overwhelming proportions, this evidence has been in the direction of showing faster change, more danger and greater confidence about the dominant role of fossil-fuel burning and tropical deforestation in causing the changes that are being observed.”
Richard B. Alley, one of the lead authors and a professor at Pennsylvania State University, says: “Policy makers paid us to do good science, and now we have very high scientific confidence in this work—this is real, this is real, this is real. The ball’s back in your court.” (Intergovernmental Panel on Climate Change 2/2/2007 ; Revkin 2/3/2007; Conner 2/3/2007)
The Transactional Records Action Clearinghouse (TRAC), a data research organization affiliated with Syracuse University, has discovered that terrorism claims formed less that 0.01 percent of immigration court charges filed by the Department of Homeland Security (DHS). The immigration court records were obtained under the Freedom of Information Act. Of 814,073 cases brought to the immigration courts by the DHS, 12, or 0.0015 percent, were for charges of terrorism. In addition, 114 cases, or 0.014 percent, concerned individuals charged with national security violations. TRAC spokesman David Burnham says, “The DHS claims it is focused on terrorism. Well that’s just not true. Either there’s no terrorism, or they’re terrible at catching them. Either way it’s bad for all of us.” TRAC further claims that there exists an “apparent gap between DHS rhetoric about its role in fighting terrorism and what it actually has been doing.” DHS spokesman Russ Knocke calls the TRAC report “ill-conceived” and said the group “lack[s] a grasp of the DHS mission.” The DHS claims that any clampdown on immigration decreases the likelihood of terrorists entering the US. (Bronstein 5/27/2007)
Depending on the extent and length of the economic crisis, the International Labor Organization (ILO) predicts in its annual Global Employment Trends Report that global unemployment could increase from 33 million to 51 million people, up 18 million from 2007 figures. The ILO urges global governments to emphasize job creation in their fiscal stimulus packages and improve social protection systems for the unemployed and the employed. “We are now facing a global jobs crisis,” Juan Somavia, ILO director general says. “Progress in poverty reduction is unraveling, and middle classes worldwide are weakening. The political and security implications are daunting.” The ILO is a United Nations organization that has painted three 2009 global unemployment scenarios, ranging from bad to worst. “In all scenarios, there will be a global unemployment rate increase in 2009, particularly the developed economies,” the ILO report says. Its most optimistic scenario is based on the International Monetary Fund’s November 2008 world economic growth projection, which indicates that there would be a global unemployment rate at 6.1 percent. This scenario has 18 million more people unemployed by the end of 2009, in comparison to the end of 2007, with a global unemployment rate of 6.1 percent. Under the ILO’s second and third scenarios, the numbers could rise by 30 million or even 51 million, with a much slower economic recovery, with unemployment reaching higher levels in developed countries. Under the ILO’s third scenario, approximately 200 million workers could be pushed into extreme poverty with incomes as low as $1.25 a day; 140 million would be in Asia. “The world is facing an unprecedented crisis that calls for creative solutions,” the organization says. (Deutsche Presse-Agentur (Hamburg) 1/28/2009)
After surveying 28,000 US companies on their future hiring plans, Manpower CEO Jeff Joerres reports that two-thirds of US employers will not change their staffing in the fourth quarter, thus dealing a blow to a consumer-led US economic recovery. Education and health services US employers are more positive about job prospects, while the remaining 11 employment sectors surveyed are more cautious in their plans to hire. The largest declines are in construction, leisure and hospitality, and professional and business services. The survey comes just a few days after the US jobless rate rose to a 26-year high in August to 9.7 percent, although job losses slowed. “Companies are still not going to be in hiring mode,” Joerres says. “They are in cautious mode.” According to Manpower’s international survey of 72,000 employers, previous quarter hiring expectations improved in 20 of 34 countries, although all 34 countries and territories report weaker hiring plans than a year ago. Employers in 15 countries and territories are cutting rather than adding jobs, but Asia and Europe are likely to be first to recover from the global recession. Job prospects in several Latin American countries improved. Prospects in most of Asia and Western Europe are stronger or more stable, although weaker in countries in Eastern Europe. As in the US, Mexico’s hiring plans are the weakest in the survey’s history, but optimism is higher in Canada, revealing better prospects in finance, construction, and real estate. The most optimistic employers in Asia are in India; future hiring looks improved in China, Hong Kong, and Singapore, while Japan’s fourth quarter employment view is flat. “Consumers in Asia and Europe had no need to curtail spending to the extent that Americans did,” says Joerres. “You look at major countries like the UK, Italy, France, Germany, Sweden, they’re all up. Their economies haven’t had the same hits. Other than Spain, you didn’t have a housing market as bad as this. Britain’s housing bust hurt the London area, but hiring plans are stronger in the Midlands.” Joerres cautions that because many economies still rely on exports, especially to the US, an Asian or European recovery could prove short-lived. “They can come out, but they can’t sustain the coming out until the US starts spending.” The US survey by Manpower, a global employment services company based in Milwaukee, is considered a leading indicator of labor trends. The company does business in 80 countries, generating most sales and earnings outside the United States, and conducts quarterly employer surveys. Its US survey dates back to 1962. (Zieminski 9/8/2009)
In his first speech to the General Assembly at United Nations headquarters, President Obama says all nations bear responsibility for addressing the global problems of nuclear proliferation, war, climate change, and economic crises. “We must build new coalitions that bridge old divides,” Obama says. “All nations have rights and responsibilities—that’s the bargain that makes [the UN] work.” Obama acknowledges that high expectations accompanying his presidency are “not about me,” adding that when he took office at the beginning of the year: “Many around the world had come to view America with skepticism and mistrust. No world order which elevates one nation above others can succeed in tackling the world’s problems. Those who used to chastise America for acting alone in the world cannot now stand by and wait for America to solve the world’s problems alone.” Obama devotes a considerable portion of his speech to discussing the challenges inherent in finding a peaceful solution to settlements in the Middle East. He calls for the resumption of Israel-Palestine negotiations “without preconditions,” and also uses his speech to indicate that the US has returned to the global arena as a team player.
Warm but Restrained Reception - Although warmly received, applause appears slightly restrained, perhaps an indication that expectations for the Obama presidency are becoming more realistic, given the global problems with which most nations now struggle. UN Secretary General Ban Ki-moon opens the 64th Session’s proceedings by saying, “Now is the time to put ‘united’ back into the United Nations.”
Followed by Libyan Leader - Libya’s President Mu’ammar al-Qadhafi follows Obama and speaks for over an hour, vehemently criticizing the UN’s power structure as uneven, archaic, and unjust. From a copy of the preamble to the UN Charter, al-Qadhafi reads: “It says nations are equal whether they are small or big—are we equal in the permanent seats? No, we are not equal. Do we have the rights of the veto? All nations should have an equal footing. For those who have a permanent seat, this is political feudalism. It shouldn’t be called the Security Council; it should be called the Terror Council.” Despite reigning in Libya for over 40 years, this is al-Qadhafi’s first UN General Assembly speech. (BBC 9/23/2009)