US Senate Agrees To Toxic Assets Deal

Late yesterday, the US Congress voted 83-13 in favour of a deal that will bring about a new era in the way in which dangerous assets are traded and governed.

With India.

What's that? You thought I was talking about the bail-out package? Not this time.

While the media devoted it's almost complete attention to the credit-crisis shenanigans, the US Senate quietly put the final stamp of approval on a nuclear deal with India that undermines the nuclear non-proliferation treaty, the comprehensive test ban treaty, and the credibility of the US negotiating position with Iran and North Korea. More to come shortly.