By Dashiel Bennett, The Atlantic Wire, March 30, 2012
Police in France arrested 19 suspected Islamic militants on Friday morning, including some who may be tangentially connected to the man who shot seven people in Toulouse this month. While none of the suspects have been directly connected to the recent attacks, some were members of a banned Salafist group that Mohamed Merah may have been linked to. The raids took place in the early morning hours in the cities of Toulouse, Nantes, Le Mans, and in the Paris, where police say they also seized automatic weapons. No formal charges have been filed yet, but President Nicolas Sarkozy says there could be more raids and the suspects will likely be expelled from France.
This sure qualifies as defining deviance down! There is, in reality, no sort of loophole pursuant to which the party who presents evidence in court which is known to be false can escape responsibility. Stay tuned. (Bar complaint to follow, guaranteed.)
I know some people might suggest the money spent on these rockets could be better spent lifting their people out of poverty, but given their population of well over a billion people, I think that forcing them into either/or options is narrow thinking.
Krugman explains why the ruble has fallen more then the deflation of the price of oil. He looks at all the debt that the oligarchs has accumulated out side of Russia. All this debt is held in foreign currency and not in rubles. Normally this type of currency crash happens when high foreign debt is caused by government over borrowing and low exports. This is not the case because exports have been high in Russia and government borrowing low. The private sector has been accumulating assets out side of Russia with heavy borrowing.
It is a good read. I like how in the end he brings up the love affair some of the far right's with Putin. Like I said in a comment on the other thread on this subject. Russia is a far right's wet dream.