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The Bush administration has announced plans to sell billions of dollars in arms to Taiwan, a decision certain to anger Taiwan's rival China.
The package includes Apache helicopters and Patriot III anti-missile missiles.
The announcement came Friday in a notification to Congress.
Beijing claims Taiwan as its own territory and has threatened to invade should the self-governing island ever formalize its de facto independence.
Taiwan relies on U.S. weapons to keep pace with China's massive arms buildup across the Taiwan Strait. U.S. arms sales to Taiwan are a crucial matter because any dispute between China and Taiwan could ensnare the United States.
Washington is Taiwan's most important ally and largest arms supplier.
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The Perspective: Good move. While this isn't the first time that Washington has sold weapons to Taiwan and more than likely it won't be the last, this is the most important sale. Why? Simple.
The Patriot Missile System is the same system that we use to operate our Ballistic Missile Defense Shield. If adapted correctly(it likely will be) this will allow Taiwan to be safe from any Missile threat that China sends its way. See? Bush isn't all bad. ha ha.------------------------------------------------------------------------------------------------------------------
This Is Why Reporters Go To College (From FOX News.com)
Usually when stocks fall because of "rumors," the source is unclear, some kind of inter-trader chatter that causes enough heads to turn to cause shares in a name to bounce around. At least in this case, there's a paper trail.
Shares of Apple Inc., which opened marginally higher Friday, briefly dipped on a CNN iReport that Apple CEO Steve Jobs had suffered a heart attack and had been rushed to a hospital.
It's hard to overstate the lack of credibility this report has, but that doesn't stop short-term trading types.
The story was posted by a user named "johntw," and may have had an impact on the shares, which dropped sharply, to $94.65, before recovering.
An Apple spokeswoman said this report was untrue.
Were this to have appeared on a random stock messaging board somewhere, it would likely have had little impact, but CNN has put its weight behind this iReport endeavor, saying on its website that "we've launched an independent world where you, the iReport.com community, tell the stories we're not used to seeing. And the most compelling, important, and urgent ones may get seen on CNN."
They do say, however, that "the views and content on this site are solely those of the iReport.com contributors. CNN makes no guarantees about the content or the coverage on iReport.com!"
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The Perspective: The Johntw that posted this IReport on CNN.com can go fuck himself!! Being a Apple Stock Shareholder when I heard this happened I fucking flipped. I instantly called Apple Inc. out in California and wanted to know if what I had heard was true.
CNN needs to check this IReport fuckers better. There is a reason why people go to College to do this job. And one of the most important things in journalism is TRUTH. If you fuck up, your fired.
FUCK IReport and Johntw FUCK YOU.
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Apple could shut down the iTunes Store, the world's biggest online music store, if a ruling expected Thursday forces the company to pay more to music makers for each downloaded track. (From FOX News.com)
The Copyright Royalty Board (CRB) in Washington, D.C., will decide whether to grant the request of American music publishers to increase "mechanical" royalty rates on songs bought from online music stores such as iTunes.
The National Music Publishers' Association, which represents the interests of music makers and songwriters in the U.S., wants rates to be increased 9 cents to 15 cents, which represents a 66 percent rise.
Apple has vehemently opposed the move. In a statement to the ruling body in 2006, the company threatened to shut down iTunes rather than raise the price of songs in order to afford the higher royalty rates.
"If [iTunes] was forced to absorb any increase in the ... royalty rate, the result would be to significantly increase the likelihood of the store operating at a financial loss — which is no alternative at all," iTunes vice president Eddy Cue said.
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The Perspective: Can it get any worse for me? First my wife has to go to LA this week and I get zero rest and worry myself sick about her. Second my sister comes to see me and I find out that shes addicted to Cocaine!!(Great right? ha ha)
This is getting out of control. Fucking stop filling your pockets with money and just let the people have what they want...greedy bastards.
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