FDIC Friday

Two more banks are added to the list for 2009.  That’s 31 32  so far this year (in case you’re counting).

North Jersey Community Bank, Englewood Cliffs, New Jersey,
Assumes All of the Deposits of Citizens Community Bank, Ridgewood, New Jersey
May 1, 2009

North Jersey Community Bank, Englewood Cliffs, New Jersey, Assumes All of the Deposits of Citizens Community Bank, Ridgewood, New Jersey

FDIC Creates Bridge Bank to Take Over Operations of Silverton Bank,

National Association, Atlanta, Georgia

May 1, 2009

FDIC Creates Bridge Bank to Take Over Operations of Silverton Bank, National Association, Atlanta, Georgia

Update:  One more added …

Cache Valley Bank, Logan, Utah, Assumes All of the Deposits of America West Bank,

Layton, Utah

May 1, 2009

Cache Valley Bank, Logan, Utah, Assumes All of the Deposits of America West Bank, Layton, Utah

Obama declines Iran offer of alQaeda members

In a move reminiscent of Bill Clinton’s refusal to negotiate a deal for the extradition of Osama bin Laden in 1996, the Obama Administrtation has just recently declined to accept an offer from Iran of several alQaeda members, including some on the FBI’s “Most Wanted Terrorists” list.

Kenneth Timmerman reports at Newsmax.com

“Hillary Clinton is very much against these negotiations,” another source familiar with the U.S.-Iran talks told Newsmax.

“In Tehran, they don’t understand this,” said a third source who recently returned from Iran after discussing the Iranian and American proposals. “When the ruling factions actually agree on a policy, they put the whole government apparatus behind it.”

Tehran now believes that the al-Qaida operatives it is sheltering in Iran have become a liability. Some, such as al-Qaida military chief Saif al-Adel and Ahmed Mughassil, who has been indicted for the 1996 bombing of a U.S. military barracks in Dhahran, Saudi Arabia, figure on the FBI’s Most Wanted List of terrorists and have American blood on their hands.

Timmerman says that the State Department is still getting up to speed, so in a sense, the offer may have been premature. But the fact that Obama has plunged ahead with a policy which includes closing Guantanamo and releasing detainees, possibly even into the US, ignores the reality that the war on terror continues, regardless of what the new Administration calls it.

“If you’re talking about individuals against whom there are no criminal charges, then it gets complicated,” former CIA Director R. James Woolsey told Newsmax. “If you close down Gitmo, where are you going to keep them?”

Woolsey said he could see no reason why the Obama administration wouldn’t take terrorists who are facing U.S. criminal charges. “To me, it would be extremely unwise not to take them out of circulation.”

Unwise is one way to describe it.

Reckless is another.

Also: Be sure to read Andrew McCarthy’s letter to Eric Holder at NRI “Must Read”

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