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Larry Franklin, the former Pentagon analyst convicted of revealing classified information, says he worked undercover as an FBI double agent to gather information on the pro-Israel lobby in the United States before the bureau turned on him and pressured him to plead guilty to spying for Israel.

SACRAMENTO — California may need to borrow more than $20 billion in short-term loans to cover all its bills next year if revenues continue to drop and voters reject proposed budget-balancing measures, the Legislature's budget analyst said Thursday. The nonpartisan Legislative Analyst's Office released a worse-case scenario cash flow report showing the state will have to take on record borrowing if voters reject the May special election ballot measures. Gov. Arnold Schwarzenegger's finance officials had estimated the state would have to borrow $13 billion for California to get through the 2009-10 fiscal year. But since then, the analyst's report said...

Economic Analyst Work Schedule: Full Time Salary: $48,682 - $95,026* Location: Washington, DC metropolitan area The CIA's Directorate of Intelligence (DI) seeks economists to assess foreign economic policies and foreign financial issues - licit as well as illicit - that affect US security interests. They work closely with political, leadership and military analysts throughout the Intelligence Community in producing current and longer-term intelligence products. There is a particular need for country/regional economists with strong backgrounds in China, the Middle East and South Asia, and for specialists in international banking systems, financial markets, financial transactions, financial instruments, and energy. Economic analysts...

Citi, Bank of America drop on nationalization concern By Alistair Barr, MarketWatch SAN FRANCISCO (MarketWatch) -- Bank of America Corp. shares hit a record low and Citigroup Corp. stock slumped to an 18-year low Friday, as the two financial giants faced investors' concerns they may soon be nationalized. Citi shares dropped 21% to $1.99, their lowest level since early 1991. Bank of America fell 17% to $3.27, and earlier touched a record low of $3.19, according to FactSet Research data. A Citigroup spokesman highlighted the bank's high Tier 1 capital ratio, a measure of financial strength, and said it continues...

The most patriotic group of individuals found in this country today has just been assaulted by the New York Times and Representative Ike Skelton (D-MO). I refer to the recent article in the New York Times concerning Military Analysts attempting to convey what is going on around the world from a military point of view. These men have spent their lives being schooled and living these issues. They are an invaluable source of information to the American public. Modern day issues are so complex that it is impossible to define them in a two minute TV segment, and these analysts...

TUNE IN EVERY THURSDAY AT 1PM FOR STAND UP AMERICA! with General Paul Vallely Starting July 20th!

Gov. Arnold Schwarzenegger's proposed $131.1 billion state budget won praise Monday from the nonpartisan legislative analyst, even as she warned that a deal the governor reached with teachers could increase debt in future years. The analysis came as Democratic lawmakers voiced concerns about some aspects of the spending plan for the fiscal year that begins July 1. Among other issues, they questioned the amount of money set aside for public transit and whether $400 million Schwarzenegger proposed for bird flu preparations might better be spent on welfare increases. Still, Democrats said a tax windfall estimated at $7.5 billion has led...

A Swedish doctor who has previously been cautioned in Sweden for using a controversial 'anal massage' technique to cure various kinds of pain has been fired from his job in Norway - for the second time. A council in the Nord-Tröndelag area dismissed the doctor after only two weeks, when they realised that he was the same man who hit the headlines last year when another local authority fired him. The man, who also runs a private clinic in Gothenburg, described his dismissal as part of a witch-hunt against him, and said that his technique is successful. Several years ago,...

SACRAMENTO - California lawmakers should scale back a planned increase in education funding, raise the gas tax and let college fees rise, state Legislative Analyst Liz Hill said Thursday in her annual critique of Gov. Arnold Schwarzenegger's proposed budget. The nonpartisan analyst recommended cutting $2.3 billion from Schwarzenegger's proposed $125 billion spending plan for fiscal 2006-07, including slashing $1 billion from education. Her recommendations, she said, would help reduce the state's long-term structural budget deficit and eliminate some of the "autopilot" spending measures that tie state officials' hands in designing budgets. "If you think of California as a patient fighting...

ALEXANDRIA, Va. - A former Pentagon analyst who gave classified information to an Israeli diplomat and two members of a pro- Israel lobbying group was sentenced Friday to more than 12 years in prison. Lawrence A. Franklin, 59, had worked with top Pentagon officials, including former undersecretary of defense for policy Douglas Feith, and has expertise on Iraq and Iran. He pleaded guilty in October to three felony counts in exchange for three other counts being dropped. In sentencing Franklin, U.S. District Judge T.S. Ellis III said the facts of the case led him to believe that Franklin was motivated...

SACRAMENTO – Gov. Arnold Schwarzenegger's proposed $125.6 billion state budget moves in the "wrong direction" by using a temporary surge in tax revenue to expand programs rather than pay down debt, Legislative Analyst Liz Hill said yesterday. The nonpartisan analyst said the governor's budget would widen a deficit the state has been struggling with for six years, producing a budget gap of $5 billion to $6 billion next year. "Our concern is that we are expanding spending at a time when we have a significant state budget problem," Hill said. "We would urge using more of the unanticipated revenues to...

SACRAMENTO (AP) - Gov. Arnold Schwarzenegger on Thursday named veteran fiscal officer Mike Genest as the state's director of the Department of Finance, the second high-profile appointment the governor has made in as many days. Genest, 58, replaces Tom Campbell, who has returned to his post as dean of the Haas School of Business at the University of California, Berkeley. Campbell had been on leave for several weeks before the Nov. 8 special election, traveling the state to promote Proposition 76. The spending cap initiative was one of four Schwarzenegger proposals rejected by voters. A Republican, Genest was a member...

The older I get, the more I realize what an emotional and powerful experience it is to have served my country. And how incredibly strong the bond becomes between other men and women who have served.

Wasn't Brewster-Jennings the front CIA company, if so she should be prosecuted for outing a CIA agent.

ALEXANDRIA, Va. — A Pentagon analyst charged with providing classified information to an Israeli official and members of a pro-Israeli lobbying group will plead guilty, according to the U.S. District Court clerk's office. Lawrence A. Franklin' 58, of Kearneysville, W.Va., was indicted in June on charges of leaking classified materials — including information about potential attacks on U.S. forces in Iraq — to two members of the American Israel Public Affairs Committee (search) and an Israeli official. Edward Adams, a spokesman for U.S. District Court Clerk in Alexandria, said a hearing to accept Franklin's guilty plea has been scheduled for...

Stock analyst's threats result in prison Associated Press ST. LOUIS - A Wyoming man was sentenced to a year and nine months in prison Tuesday after admitting he threatened to publish negative stock reports about the Hardee's fast-food chain's parent company if he wasn't hired as a consultant.

SACRAMENTO (AP) - Gov. Arnold Schwarzenegger's plan to use some $4 billion in unanticipated tax money to pay off debt and reduce borrowing won approval Monday from the state's nonpartisan legislative analyst. Schwarzenegger released a $115.7 billion budget proposal last week that put more money into highways and some education programs but avoided spending increases on most other services. Educators criticized the governor's plan for not doing more for schools, but Legislative Analyst Elizabeth Hill warned lawmakers that any additional spending would add to a shortfall in the 2006-2007 budget. That shortfall is now expected to be at least $5...

Former Pentagon DOD analyst Larry Franks has surrendered to the FBI on classified document charges. Follow link for story.

SACRAMENTO (AP) - Legislative Analyst Elizabeth Hill suggested new ways Thursday to solve the state's budget problems, including suspending the after-school initiative championed by Gov. Arnold Schwarzenegger before the actor turned politician. Though the program hasn't begun, Hill said it could soon add $424 million to the state's bills while California remains in a budget crisis. Schwarzenegger, who headed the Inner-City Foundation to provide after-school programs for children, successfully qualified and passed Proposition 49 on the 2002 ballot. Days after Hill suggested revenues are up $2.2 billion due to an improving economy, she labeled the governor's measure - which gives...

SACRAMENTO (AP) - An improved economy could leave the state with a budget surplus of nearly $3 billion in mid-2006, but California would still face deficits of at least $3 billion to $4 billion in the following years, the legislative analyst said Tuesday. Analyst Elizabeth Hill warned that the annual deficits would climb to nearly $10 billion if the Democrat-controlled Legislature and Republican Gov. Arnold Schwarzenegger don't agree on ongoing ways to eliminate at least $5 billion in red ink. That could happen through spending cuts, tax increases or a combination of the two, said Brad Williams, director of budget...