Glenys Kinnock has done her old friend Tony Blair no favours by announcing he is ready to stand as President of Europe and has Gordon Brown's backing. The 'Stop Blair' campaign in both Britain and Europe will now move into top gear.

from Crikey .....

Turnbull's leadership is clawing back to terminal

Canberra correspondent Bernard Keane writes:

If this were the democracy that the Founding Fathers thought they were creating, word from CIA Director Leon Panetta that his agency had lied to Congress and specifically that it had lied repeatedly from 9-11-2001 through the end of 2008 concerning an as-yet undisclosed secret program, would have virtually every member of Congress in a state of rebellion, demanding answers.

After all, the CIA is required by law to report to at least the majority and minority leaders of the House and Senate Intelligence Committees and to the majority and minority leaders of both houses of Congress about such things.

It has been touted as a successful treatment for everything from insomnia and depression to Parkinson's disease and multiple sclerosis. Now supporters of legalised marijuana are making perhaps their most extravagant claim yet: that the drug can solve California's spiralling financial crisis.

A series of television ads was launched yesterday supporting a bill by Democratic assemblyman Tom Ammiano that would regulate and tax the sale of marijuana in the Golden State, where Arnold Schwarzenegger's administration is in a $26bn (£15.9bn) black hole.

Days after the Deputy Prime Minister, Julia Gillard, was greeted in Israel and thanked for having been "alone in sticking by us" during Operation Cast Lead, the attack on the Gaza Strip in December and January, the Jewish state added piracy to its list of recent crimes against international law. The two developments are connected, and not just by coincidence of timing.

CIA Director Leon Panetta has admitted that his agency regularly misled Congress, six members of the House Intelligence Committee have alleged.

The claims are echoed in a letter from the committee's Democratic chairman, Sylvestre Reyes.

The allegations follow a claim by House Speaker Nancy Pelosi that the CIA misled her about interrogation methods.

A CIA spokesman has insisted that "it is not the policy or practice of the CIA to mislead Congress".

from Crikey .....

Rundle: So the businessman's worth saving -- but not the bogan?

Guy Rundle writes:

from Crikey .....

Vanstone and Gus the Weimaraner invite Rudd to a sleep over

Barry Everingham writes:

With the imminent arrival of Kevin Rudd to Rome, Crikey understands that current Ambassador to Italy Amanda Vanstone actually invited the Prime Minister to stay at the Embassy with her (and Gus the dog of course). This in itself isn't unusual. Ambassadors of the day who happen to be mates with the Prime Minister could certainly count on their friend sleeping over -- but in this case it's not going to happen.

British weapons inspector Dr. David Kelly was writing an expose about his work with anthrax and his warnings that Iraq possessed no weapons of mass destruction at the time of his death in July 2003, according to a report published in a British newspaper.

The Commodity Futures Trading Commission on Tuesday will announce that it'll begin publishing how much hedge funds and other big financial firms are trading in oil and other commodities, with an eye toward curbing what critics say is speculation that pushes prices up.

The CFTC currently publishes weekly data that lumps some of the big financial firms' transactions in with those done by so-called commercial users, airlines, refiners and others who actually use the oil. Critics argue that leaves regulators and the public unaware of how much oil prices are being influenced by speculation.

Presidents Barack Obama and Dmitry Medvedev announced substantial progress in crucial nuclear arms talks and on military cooperation after their much-anticipated first summit in the Kremlin on Monday.

Negotiators on both sides reached a framework agreement on replacing the Strategic Arms Reduction Treaty, which expires Dec. 5, with a deal that will cut their arsenals to the lowest level of any U.S.-Russia arms control agreement, both presidents told reporters after more than three hours of talks Monday afternoon.

The statement of Nicholas Sarcozy that Burqa is not welcome in France, that it is a symbol of oppression and not of religion has raised serious debate all over. It is France again where five years ago the display of religious markers, head scarf, Sikh turban, and Jewish skull cap in schools was banned. Public servants cannot use the same in place of work.

Unmanned weapons are condemned by Lord Bingham as 'beyond the pale'

The use of unmanned drones as weapons of war in conflicts around the world has been called into question by one of Britain's most senior judges. Lord Bingham, until last year the senior law lord, said that some weapons were so "cruel as to be beyond the pale of human tolerance".

from Crikey .....

How banks and advisors raided retirees' nest eggs during GFC

Glenn Dyer writes:

Australia's banks, fund managers, investment banks and other "advisors" appear to have staged a massive legal raid on the nest eggs of investors and retirees over the past year, extracting billions of dollars from companies and their small shareholders through a deluge of discounted placements and quasi-rights issues.