Wall Street's biggest banks are setting aside billions of dollars more to pay their executives and other employees just months after these firms were rescued with a taxpayer bailout, renewing questions about compensation practices in the aftermath of the financial crisis.

The recent outcry over bonuses at bailed-out firms prompted public alarm and promises of reform from financial leaders, who acknowledged that pay and bonuses should not reward risky short-term business decisions -- such as those that contributed to the meltdown -- but instead longer-term financial performance.

Okay, so the United States of America has had a new puppet regime for six months now. I was never so much into giving Obama a "chance" and I think it's way past time to call Obama and his supporters out, like we called Bush and his supporters out.

Our Presidents are merely puppets for the Robber Class and Obama is no exception.

A Saudi Arabian princess who had an illegitimate child with a British man has secretly been granted asylum in this country after she claimed she would face the death penalty if she were forced to return home. The young woman, who has been granted anonymity by the courts, won her claim for refugee status after telling a judge that her adulterous affair made her liable to death by stoning.

From the SMH

"Well Wilson is still a member of the family and he will still be invited to Christmas dinner."

The coalition is facing an internal struggle over what stance it should take on what the government calls its carbon pollution reduction scheme.

The official coalition position is to delay a vote on government legislation until early 2010, following global climate change talks in Copenhagen and a decision by the US Congress on the Obama administration's draft laws.

In April this year Quartet Books published Kill Khalid: The Failed Assassination of Khalid Mishal and the Rise of Hamas. It was written by an Australian war correspondent, Paul McGeough, an expert on the Middle East.

The book had come out in the United States to ecstatic reviews. I had heard of McGeough and although I did not know him, when asked to provide a quote for the book's dust-jacket, I read the manuscript and was happy to do so.

US Secretary of State Hillary Clinton has condemned the "tyranny and poverty" of North Korea, highlighting American ties with its southern neighbour.

She said US relations with the country would not change while its regime "insulted and refused dialogue with the Republic of Korea", using South Korea's official name.

http://news.bbc.co.uk/2/hi/asia-pacific/7900792.stm

The main French opposition party, the Socialists - delighted to have an issue to distract from their own internal back-stabbing - have accused the President of "scandalous collusion" with parts of the media.

The Elysée Palace, dismissing calls for a parliamentary inquiry, has rejected the cries of scandal as far-fetched. "We order opinion polls. If newspapers buy the same ones, what can we do?" said M. Sarkozy's chief aide and secretary general, Claude Guéant.

Elysée Palace denies it financed surveys which the media ran as independent

The main French opposition party, the Socialists – delighted to have an issue to distract from their own internal back-stabbing – have accused the President of "scandalous collusion" with parts of the media.

The deep divisions in the Opposition over an emissions trading scheme have been laid bare for all to see, with outspoken Liberal backbencher Wilson Tuckey labelling his leader "arrogant" and "inexperienced".

Mr Tuckey sent an email to all Opposition MPs and Senators criticising Malcolm Turnbull for suggesting the Coalition could back a scheme when the partyroom has declared it will not support any legislation before the United Nations climate summit in Copenhagen at the end of the year.

He says the Liberal Party would "prostitute" its principles if it backed Prime Minister Kevin Rudd's scheme.

In South Australia the Liberal Party has just elected its third leader in as many years. In the lead up to the ballot there was much discussion as to which of the three candidates would make the better leader, but few asked the question whether or not there was anyone in State Parliament who was worthy to lead their party, let alone be premier. Reflecting further I cast my eyes beyond the state and asked the question: where are our political leaders?

Former vice-president Dick Cheney could be forced to testify to Congress over allegations that a secret hit squad was set up on his orders, as Democrats press for inquiries into the conduct of the "war on terror". Paul Harris reports from New York.

America is bracing itself for a series of investigations that could see top officials from the administration of President George W Bush hauled in front of Congress, grilled by a special prosecutor and possibly facing criminal charges.

The US spends $100 million a day on the war effort in Afghanistan and a further $7 million a day goes into reconstruction. It has committed to spend $2.4 trillion over the next ten years. Big, expensive buildings have been constructed in Kabul, now "owned by the war lords". Illegal drugs going from Afghanistan into the US and Europe generate about $500 million a year.

From the green left

He occupied a (somewhat self-appointed) position as a hero of Australia's environment and Indigenous rights movements for decades. Yet these days, former Midnight Oil frontman and current ALP environment minister Peter Garrett works overtime to prove his credentials as a defender of big business and the big polluters.

In the early 1960s, Senator William J. Fulbright fought to force the American Zionist Council to register as agents of a foreign government. The Council eluded registration by reorganizing as the American Israel Public Affairs Committee. AIPAC has since become what Fulbright most feared: a foreign agent dominating American foreign policy while disguised as a domestic lobby.