JBS CEO Art Thompson's weekly video news update for April 9-15, 2012.

With gasoline prices climbing back up toward $4 a gallon, the President's health care reform in troubled constitutional waters, and job growth underperforming even the most pessimistic forecasts in the third year of an anemic economic expansion, no one should be surprised if the President's reelection team would like to change the subject. This year, "It's the economy, stupid" will likely not be the mantra for the Democratic presidential candidate as it was for Bill Clinton in 1992.


 

As part of its ongoing covert war against Iran, the U.S. government has for years been providing training — some of it on American soil — and other material support to a State Department-designated “foreign terrorist organization,” the Mujahedeen-e-Khalq (MEK), the New Yorker’s Seymour M. Hersh reports.

 

With Islamist extremists facing opposition as they consolidate their power within Egypt, the Muslim Brotherhood is looking abroad in the hope of gaining some unlikely allies. The Brotherhood’s Freedom and Justice Party may have reneged on its promise to stay out of Egypt’s presidential election, and has driven Coptic Christians off the commission charged with drafting their nation’s new constitution, but promises of business opportunities may win the support of foreign businesses that see an opportunity to make a profit.

 

As concern grows within Egypt and abroad that the Muslim Brotherhood is seeking for itself the same concentration of power which it once denounced when it was wielded by former President Hosni Mubarak, the handful of dissident voices within the new constitutional committee are resigning in protest.

 

Late Monday, the United States State Department’s Rewards for Justice program posted on its website a bounty of $10 million for Hafiz Mohammad Saeed.  Saeed is wanted primarily for his alleged role in bombings in Mumbai on November 26, 2008, when explosions blasted through two hotels, a train station, and a Jewish Chabad house. The attacks resulted in the deaths of 166 people in South Mumbai.
 
 

The future of Egypt in the aftermath of last year’s “Arab Spring” is being written by the dominant Islamist organization in that nation, the Muslim Brotherhood. Since the fall of the Mubarak government in February 2011, the Muslim Brotherhood has been steadily establishing itself as the center of power in the new Egypt. In the process, the organization is now preparing to break a crucial promise that its leadership made last year: the Muslim Brotherhood is now seeking to install one of its own as president of Egypt.

 

When President Obama spoke before the American Israel Public Affairs Committee some weeks ago, he admonished those who engaged in “loose talk of war” about Iran. Apparently, his secretary of state, Hillary Rodham Clinton, didn’t get the memo.

 

Armed Islamist rebel groups in Syria supported by the Obama administration and Western governments seeking to oust “President” Bashir al-Assad are engaged in “ethnic cleansing” of Christians, according to news reports and human rights organizations. And as the conflict escalates, the persecution of the once-protected Christian minority is growing as well.

 

The London Independent newspaper published the words from a video confession with the Iraqi most responsible for false intelligence reports that brought the U.S. to war with Iraq April 1. "We went to war in Iraq on a lie. And that lie was your lie," the interviewer said to Rafid Ahmed Alwan al-Janabi — codenamed “Curveball.” Al-Janabi replied simply: "Yes."

 

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