INSIGHT NEWS ALERT! A new issue of Insight on the News is now online http://insightmag.com/news/258763.html ............................................... Folks, the summer’s upon us here in the nation’s capital. And, matching the weather, your representatives are heatedly working to improve the Wall Street mess. Let’s hope they don’t make it worse. Jennifer Hickey tells all in her revealing Washington’s Week piece http://insightmag.com/news/258785.html. And Zoli Simon has discovered that the Chinese have targeted Russian cruise missiles at U.S. ships. Read all about it http://insightmag.com/news/258778.html. And guess which party is poised to become a major force in time for the November elections? Hint – It’s not the Republicans or Democrats http://insightmag.com/news/258781.html. Along with the usual reliable revelations and opinions described below. ‘Bye for now. From the Bunker, I remain your newsman in Washington. ............................................... CHINA ARMS FOR WAR Zoli Simon writes that China's acquisition of cruise-missile weapons systems from Russia poses a clear and present danger to U.S. naval forces – and to the American homeland as well. http://insightmag.com/news/258778.html ............................................... WASHINGTON’S WEEK – ON THE LEGISLATIVE WARPATH Jennifer Hickey tells us as investor anger registered more clearly with each downward tick of the stock markets, legislators engaged in an indelicate parliamentary exchange of whoops about arcane congressional rules while they danced and ululated to mutual charges of chicanery. http://insightmag.com/news/258785.html ............................................... TAX CODE TRAUMA John Berlau tells us that experts contend that simplifying the U.S. tax code would do more to cut down on corporate-accounting chicanery than the introduction of still more regulations and criminal penalties. http://insightmag.com/news/258763.html ======================================== Is Bin-Laden the Pawn of China? On September 11, 2001, a Chinese Peoples Liberation Army transport aircraft from Beijing landed in Kabul with the most important delegation the ruling Taliban had ever received. They had come to sign the contract with Afghanistan that Osama bin-Laden had asked for, that would provide the Taliban state of the art air defense systems in exchange for the Taliban's promise to end the attacks by Muslim extremists in China's north-western regions. Hours later, CIA Director George Tenet received a coded "red alert" message from Mossad's Tel Aviv headquarters that presented what he called a "worst case scenario" -- that China would use a ruthless surrogate, bin-Laden, to attack the United States. In SEEDS OF FIRE, Gordon Thomas asks the question: In the war on terror, is China with us or against us? Click here: http://www.conservativebookservice.com/BookPage.asp?prod_cd=C5969&sour_cd=INT003901 ======================================== AUSTRIA CONFRONTS ITS DARK NAZI PAST Ken Timmerman writes that as a government commission prepares to release an inventory of property stolen from Jews by the Nazis, a new tide of anti-Semitism is sweeping the country. http://insightmag.com/news/258764.html ............................................... ‘PARTY OF PRINCIPLE’ GAINING GROUND Doreen Englert says, once an afterthought on the U.S. political landscape, the Libertarian Party steadily has increased both in numbers and influence since its founding 30 years ago. http://insightmag.com/news/258781.html ............................................... CHURCH EXPLORES ‘HARD CHANGE’ Jennifer Hickey writes that seeking to repair its severely damaged reputation and begin the healing process, the Catholic Church takes steps to implement a nationwide policy on sexual abuse. http://insightmag.com/news/258761.html You have received this newsletter because you have a user name and password at Insight on the News. To unsubscribe from this newsletter, visit "http://insightmag.com/main.cfm?include=unsubscribe". You may also log into Insight on the News and edit your account preferences on the Web. If you have forgotten or don't know your user name and password, it will be emailed to you after visiting the following link: http://insightmag.com/main.cfm?include=emailPassword&serialNumber=16oai891z5&email=cypherpunks@ssz.com