TUESDAY MORNING READS

Indonesia No Model for Muslim Democracy

IT is fashionable these days for Western leaders to praise Indonesia as a model Muslim democracy. Secretary of State Hillary Rodham Clinton has declared, “If you want to know whether Islam, democracy, modernity and women’s rights can coexist, go to Indonesia.” And last month Britain’s prime minister, David Cameron, lauded Indonesia for showing that “religion and democracy need not be in conflict.”

Obama secretly approves top-of-the-line anti-tank arms for Syrian rebels

Secretary Ban Ki-moon said he was “extremely troubled about the risk of an all-out civil war (in Syria) and was concerned about the outbreak of related violence in Lebanon.”
He spoke as dozens of Syrians died in clashes – mostly in the provinces of Aleppo and Idlib and the town of Homs – while two people were killed in Beirut in a spillover of Syrian bloodshed.

Sunday, at the NATO summit in Chicago, Secretary Anders Fogh Rasmussen said firmly that the alliance has “no intention” of taking military action against President Bashar Assad’s regime. But he said nothing about individual NATO members translating their concern about the escalating violence in Syria into military action. Above all, he did not explain why Syrian army heavy T-72 tanks have in recent days started bursting into flames on the open roads.

 

As deal approaches, Israel warns against concessions to Iran

IAEA chief Yukiya Amano says deal reached with Iranian nuclear negotiator • Details “still to be worked out” • Israel says Iran “creating the illusion of progress” so that international pressure, including the threat of more sanctions, will be lifted.

Top officer: Hezbollah, Syrian air defenses will keep IAF very busy

Deputy Chief of General Staff Yair Naveh warns that Syria is investing heavily in air defense systems and says Hezbollah has amassed “60,000 rockets and missiles,” ten times the size of its stockpile in the 2006 Second Lebanon War.

Corzine’s MF Millions

Obama bundler raked in $8.4 million in compensation as firm catapulted toward bankruptcy
Jon S. Corzine—who has bundled more than $500,000 for President Obama’s reelection campaign and served as the CEO of MF Global Holdings Ltd. until the brokerage filed for bankruptcy last October—received $8.4 million in cash and stock options as the firm spiraled towards insolvency.

The Wall Street Journal reports:

Mr. Corzine, a former New Jersey governor and co-chairman of Goldman Sachs Group Inc., received a bonus $1.25 million in addition to his salary of about $1.8 million last year. He also was awarded $5.35 million in now-worthless stock options. Mr. Corzine resigned from MF Global last fall, just days after the brokerage’s collapse over its losing bets on European sovereign debt.

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