Monday, July 13, 2009



Palin plans to stay in politics

Brushing aside the criticisms of pundits and politicos, Alaska Gov. Sarah Palin said she plans to jump immediately back into the national political fray — stumping for conservative issues and even Democrats — after she prematurely vacates her elected post at month's end.

The former Republican vice-presidential nominee and heroine to much of the GOP's base said in an interview she views the electorate as embattled and fatigued by nonstop partisanship, and she is eager to campaign for Republicans, independents and even Democrats who share her values on limited government, strong defense and "energy independence."

"I will go around the country on behalf of candidates who believe in the right things, regardless of their party label or affiliation," she said over lunch in her downtown office, 40 miles from her now-famous hometown of Wasilla — population 7,000 — where she began her political career.

"People are so tired of the partisan stuff — even my own son is not a Republican," said Mrs. Palin, who stunned the political world earlier this month with her decision to step down as governor July 26 with 18 months left in her term.

Both her son, Track, 20, an enlisted soldier serving in Iraq, and her husband, Todd, are registered as "nonpartisan" in Alaska.

Mrs. Palin, who vaulted to national prominence when Sen. John McCain, Arizona Republican, chose her as his running mate last August, left the door open for a future presidential bid.

But she shot down speculation among Republicans that she might challenge incumbent Alaska Sen. Lisa Murkowski for the party's nomination to the Senate next year, and she blamed her resignation as governor on the nasty, hardball tactics that last year's presidential campaign brought to her state.

"I'm not ruling out anything - it is the way I have lived my life from the youngest age," she said. "Let me peek out there and see if there's an open door somewhere. And if there's even a little crack of light, I'll hope to plow through it."

More HERE

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Bush Deserves More Credit on Iran

By JOHN P. HANNAH

Defying their regime once more, Iranians have renewed their protests in the streets of Tehran. Last month, when the protests began, the New York Times ran a story hinting that Iran's demonstrators may have been inspired by an "Obama factor." The article suggested that President Barack Obama's diplomatic outreach, unlike his predecessor's approach, emboldened Iranians to rise up against their regime, demanding it repair relations with America and the world.

The Times reporter drew a stark contrast between the presidency of George W. Bush and that of Mr. Obama. According to the article, "Iran's regime was able to coalesce support by uniting the country against a common enemy: President Bush, who called Iran a pillar of the 'axis of evil.'" Alarmed by Mr. Bush's hostility, Iranians "swallowed their criticism of [their] hard-line regime and united against the common enemy."

Setting aside the article's claims about an "Obama effect," its characterization of the Bush years is unfair and misleading. As someone who served in Mr. Bush's White House, I can attest that the administration's Iran policy was far from perfect. The Islamic Republic's ongoing nuclear program is proof enough of the policy's serious shortcomings. Yet, in light of recent events, it seems apparent that Mr. Bush got some important things concerning Iran right.

First, some facts. Mr. Bush delivered his infamous "axis of evil" speech in January 2002. On several occasions thereafter he followed up with statements harshly attacking the legitimacy of the Iranian regime. He repeatedly distinguished between the people of Iran and their "unelected rulers."

Did Mr. Bush's confrontational posture really lead Iranians to rally behind the regime? Hardly. In November 2002 and again in June 2003, student-led protests rocked Tehran and other Iranian cities, as the New York Times itself acknowledged at the time. In both cases, demonstrators' demands included sweeping democratic reforms. During the 2002 clashes (which dragged on for weeks), the Times reported that protesters had been "boldly critical of the government, including the supreme religious leader [Ali Khamenei], who is normally beyond criticism." The protestors called for the "secularization of the religious system" -- an end to clerical rule.

Similarly, in June 2003, protesters rapidly focused on the need for fundamental change. A manifesto signed by hundreds of intellectuals and clerics declared that Ayatollah Khamenei's claims to absolute power were "a clear heresy towards God and a clear affront to human dignity." The BBC reported that chants of "Death to Khamenei" were heard at the rallies. More than 4,000 people were arrested before the demonstrations were suppressed.

The reality is that large-scale anti-regime protests erupted on multiple occasions throughout Mr. Bush's first term -- the very moment when his Iran policy was most aggressive. The suggestion that Iranians "swallowed their criticism" of the Islamic regime in an anti-American response to Mr. Bush's tough stance is simply not borne out by the facts.

The current crisis in Iran undermines another conventional wisdom about Mr. Bush's Iran policy. Many believe that his policy was grounded in ideology rather than realism. But Mr. Bush's assessment of Iran has so far proven much more accurate than Mr. Obama's. In his eagerness to draw Iran's rulers into negotiations, Mr. Obama has gone to great lengths to signal his acceptance of the Islamic Republic's legitimacy and permanence. In stark contrast, Mr. Bush always understood that large swaths of Iranian society do not consider their regime to be legitimate. They detest it and yearn for freedom and democracy. Mr. Bush knew that regime change was not the crazed fantasy of a small cabal of American neoconservatives. It was the deepest desire of tens of millions of Iranians.

Iran's recent turmoil also sheds light on Mr. Bush's conviction about pressuring the Iranian regime. Critics warned that Mr. Bush's attempt to isolate Iran diplomatically, sanction it economically, and threaten it militarily would trigger a nationalist backlash against Washington. But Mr. Bush believed that such efforts were essential. They would alert the Iranian people, as well as Iran's elites, to the disastrous consequences of the Islamic Republic's policies.

Today, Iran's burgeoning opposition is clearly angered by the country's dismal economy, ashamed of its status as an international pariah, and alarmed by the growing danger of military conflict. Opposition members will not accept the regime's efforts to scapegoat the U.S. Instead, their fury has been directed inward at the brutality, economic mismanagement, and outrageous behavior of the Islamic regime.

As Mr. Obama reassesses his Iran policy in the wake of the Iranian protests, he could do worse than to incorporate at least a few pointers from Mr. Bush's playbook. That would mean an adjusted Iran strategy that sees the Iranian people as allies of the Free World, not the Islamic Republic. It would also mean spending less time trying to reassure Iran's despotic rulers of the U.S.'s benign intentions. Mr. Obama should instead spend more time on using his enormous international popularity to further mobilize the world against Iran's tyrants.

SOURCE

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Putting Liberals on the Couch

by Burt Prelutsky

Being a conservative, I naturally spend an inordinate amount of time attempting to psychoanalyze left-wingers, trying to figure out what makes them tick. God knows I’m not bragging. It is, after all, time I could otherwise devote to alphabetizing my canned goods or trying to make contact with Harry Houdini, but I know from the large number of emails I receive that I’m not alone. The lunacy on the left is enough to turn a lot of us into little Sigmund Freuds.

For instance, why is it that lefties are so puzzled or pretend to be so puzzled that conservatives who are in favor of capital punishment are opposed to abortions -- particularly the 60,000 late-term abortions performed by the late unrepentant serial killer, George Tiller? Even a left-winger should be able to tell the difference between executing a cold-blooded murderer and sucking the brain out of an innocent little human being.

I’m wondering when the Mafia will officially ask for a government subsidy. Yes, I know it’s a criminal organization, but so is ACORN, which faces indictments for voter fraud in several states, and yet Obama and his Democratic cronies are funneling them millions of dollars.

Perhaps if liberals were merely wrong on all the issues, it would be easier to forgive them. But it’s their arrogance and self-righteous attitude that puts them beyond the pale. How often have we heard them claim that they’re being deprived of their right to free speech when what they’re actually complaining about isn’t censorship, but merely that a clear-thinking conservative has refuted some of their inane hogwash? Only liberals actually believe that if you disagree with them, you’re trampling on the 1st Amendment. For good measure, many of them -- including a number of pettifoggers in Congress -- are on an unholy mission to bring back the totalitarian device known as the Fairness Doctrine.

Speaking of fairness, I have come to see that Fox News is something like our own version of Radio Free Europe, getting the truth to those of us behind the Obama Curtain. What is ironic about the way that liberals carry on about TV Free America is that Fox has a large number of liberals on the payroll, including Greta Van Susteren, Bob Beckel, Geraldo Rivera, Alan Colmes, Chris Wallace, Juan Williams, Kirsten Powers and a few others, whereas CBS, NBC, ABC, CNN, MSNBC, the NY Times and the Washington Post, collectively, have only one non-liberal on salary and that’s John Stossel, who doesn’t even identify himself as a conservative, but as a libertarian.

A question nobody has ever answered to my satisfaction is how it’s possible that media people such as David Corn, Eleanor Clift and Ellis Henican, who do nothing but parrot the same insipid DNC talking points as Charles Rangel, Barbara Boxer and Patrick Leahy, are able to make a decent living without at least having to run for office and win an election.

I’m not an expert on body language, but my attention has been called to the fact that when he was on the phone with Israel’s Prime Minister Netanyahu, President Obama was photographed with his feet on the desk in the Oval Office, and when he took his photo op tour of Auschwitz with Elie Wiesel, he had his hands in his pockets. Yet in the august presence of King Abdullah, he bowed respectfully.

Finally, we were told that the world’s leaders were going to cooperate with Barack Hussein Obama in a way they never had with his predecessor. Well, so far, they’ve all refused his invitation to send troops to Afghanistan and, just in case he didn’t get the message, they’ve all refused to take 241 Muslim terrorists off his hands.

Now, we have Newsweek’s managing editor, Evan Thomas, grandson of the former grand Poo Bah of the Socialist Party, Norman Thomas, telling us with a straight face that Obama is greater than God. It appears, however, that the world’s leaders don’t even think he’s greater than George W. Bush.

SOURCE

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Higher Taxes, Anyone?

by George Will

Economic policy, which became startling when Washington began buying automobile companies, has become surreal now that disappointment with the results of the second stimulus is stirring talk about the need for a ... second stimulus. Elsewhere, it requires centuries to bleach mankind's memory; in Washington, 17 months suffice: In February 2008, President George W. Bush and Speaker Nancy Pelosi, who normally were at daggers drawn, agreed that a $168 billion stimulus -- this was Stimulus I -- would be the "booster shot" the economy needed. Unemployment then was 4.8 percent.

In January, the administration, shiny as a new dime and bursting with brains, said that unless another stimulus -- Stimulus II wound up involving $787 billion -- was passed immediately, unemployment, which then was 7.6 percent, would reach 9 percent by 2010. But halfway through 2009, the rate is 9.5. For the first time since the now 16-nation Eurozone was established in 1999, the unemployment rate in America is as high as it is in that region, which Americans once considered a cautionary lesson in the wages of sin, understood as excessive taxation and regulation.

"Everyone guessed wrong" about the economy's weakness, says the vice president, explaining why Stimulus II has not yielded anticipated benefits. Joe Biden is beguiling when unfiltered by calculation, as he often is and as he was when he spoke about guessing ("Meet the Press," June 14) and how everyone "misread" the economy ("This Week," July 5). To be fair, economics is a science of single instances, which means it is hardly a science. And it is least like one when we most crave certainty from it -- when there is a huge and unprecedented event and educated guessing is the best anyone can do.

But before embarking on Stimulus III, note that only about 10 percent of Stimulus II has yet been injected into the economy in 2009. This is not the administration's fault, the administration's defenders say, because government is cumbersome, sluggish and inefficient. But this sunburst of insight comes as the administration toils to enlarge governmental control of health care, energy, finance, education, etc. The administration guesses that these government projects will do better than the Postal Service (its second-quarter loss, $1.9 billion, was 68 percent of its losses for all of 2008) and the government's railroad (Amtrak has had 38 money-losing years and this year's losses are on pace to set a record).

Let's guess: Will a person or institution looking for a place to invest $1 billion seek opportunities in the United States, where policy decisions are deliberately increasing taxes, debt, regulations and the cost of energy, and soon will increase the cost of borrowing and hiring? Or will the investor look at, say, India. It is the least urbanized major country -- 70 percent of Indians live in rural areas, 50 percent on farms -- so the modernizing and productivity-enhancing movement from the countryside to the city is in its infancy. This nation of 1.2 billion people has a savings rate of 25 percent to 30 percent, and fewer than 20 million credit cards. Which nation, India or the United States, is apt to have the higher economic growth over the next decade?

Yet while government diminishes America's comparative advantages, liberals are clamoring for ... higher taxes. Partly because of changes endorsed by presidents from Ronald Reagan to Barack Obama, approximately 60 percent of taxpayers now pay either no income tax (43 percent) or less than 5 percent of their income. Because one cannot raise significant money by that tax without nicking the middle class, or without bringing millions of people back onto the income tax rolls, attention is turning to a value-added tax.

A VAT is levied at every stage of production. Like the cap-and-trade regime being constructed, a VAT is a liberal politician's delight: It taxes everything, but opaquely.

Before he became an economic adviser in the Obama White House, where wit can be dangerous, Larry Summers said: Liberals oppose a VAT because it is regressive and conservatives oppose it because it is a money machine, but a VAT might come when liberals realize it is a money machine and conservatives realize it is regressive.

At the June 29 White House briefing, press secretary Robert Gibbs was asked, with reference to health care legislation, if the president's pledge not to raise taxes on couples making less than $250,000 is "still active." Gibbs answered: "We are going to let the process work its way through." What is your guess?

SOURCE

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ELSEWHERE

Rush to vaccinate in Britain: "The NHS is preparing to vaccinate the entire population against swine flu after the disease claimed the life of its first healthy British patient. A new vaccine is expected to arrive in Britain in the next few weeks and could be fast-tracked through regulatory approval in five days. Regulators at the European Medicines Agency (EMEA) said the fast-tracked procedure has involved clinical trials of a “mock-up” vaccine similar to the one that will be used for the biggest mass vaccination programme in generations. It will be introduced into the general population while regulators continue to carry out simultaneous clinical trials. The first patients in the queue for the jab - being supplied to the UK by GSK and Baxter Healthcare - may understandably be a little nervous at any possible side effects. A mass vaccination campaign against swine flu in America was halted in the 1970s after some people suffered Guillain-BarrĂ© syndrome, a disorder of the nervous system. However, regulators said fast-tracking would not be at the expense of patient safety. “The vaccines are authorised with a detailed risk management plan,” the EMEA said. “There is quite a body of evidence regarding safety on the trials of the mock-up, and the actual vaccine could be assessed in five days.” The UK government has ordered enough vaccine to cover the entire population."

More British bungling: "New vehicles purchased to protect British troops in Afghanistan have already been rejected as unsafe by the US military. The vehicles failed basic 'survivability' tests, which showed soldiers would be left vulnerable to roadside bombs, The Mail on Sunday can reveal. But although the Pentagon rejected them, the Ministry of Defence has ordered 262 to replace the controversial Snatch Land Rovers. In contrast, the Americans have now ordered a more robust model - at half the £600,000 cost of the vehicle the British have dubbed the 'Husky'. The disclosure, at the end of the blackest week for British forces in Afghanistan, came as Gordon Brown responded to growing anger over the death toll by promising to improve troops' equipment.

There is a new lot of postings by Chris Brand just up -- on his usual vastly "incorrect" themes of race, genes, IQ etc.

My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (http://www.facebook.com/jonjayray in full). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here

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The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)

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Sunday, July 12, 2009



Invitation

The Iranian Community of New York Metropolitan Area, in a show of unity with all Iranian compatriots across the Globe, will hold a political rally and demonstration in support of the young freedom fighters across Iranian cities in the struggle against the evil forces of the Islamic Regime. Please join us to show our unity and support to the United Nation and the World.

Time : Sunday July 12, 2009 – from 2oo to 5oo pm.

Place : DAG Hammerskjold Plaza,corner of First ave.and 47th Street, New york,NY

Looking forward to see you. The Iranian Society for Freedom, Peace and Justice

(Via Astute bloggers)

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Obama's Science Czar Wrote Book Advocating "Planetary Regime" Which Would Require Mass Sterilizations, Forced Abortions

This is the scariest book report you will ever read. Zombie has once again truly done his homework.

These are the ideas of John Holdren, Obama's newly appointed Director of the White House Office of Science and Technology Policy, Assistant to the President for Science and Technology, and Co-Chair of the President's Council of Advisors on Science and Technology, i.e., Science Czar. In a book he co-authored in 1977, Ecoscience: Population, Resources, Environment, he wrote that:

• Women could be forced to abort their pregnancies, whether they wanted to or not;

• The population at large could be sterilized by infertility drugs intentionally put into the nation's drinking water or in food;

• Single mothers and teen mothers should have their babies seized from them against their will and given away to other couples to raise [which would seriously jack with Cloward-Piven];

• People who "contribute to social deterioration" (i.e. undesirables) "can be required by law to exercise reproductive responsibility" -- in other words, be compelled to have abortions or be sterilized.

• A transnational "Planetary Regime" should assume control of the global economy and also dictate the most intimate details of Americans' lives -- using an armed international police force.

There's so much more. It's hard to take in all the evil.

More HERE

SCOTUS judge and Clinton appointee Ruth Bader Ginsburg has similar ideas. Prewar socialism is back it seems. Hitler got his eugenic ideas from the mainstream socialists of his day

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Obama's Climate of Fear

And why America's economic long night will continue -- as it did under FDR for similar reasons



Recently I had a long lunch with an old friend. He sits on the board of one of the largest and most successful publicly traded regional banks in America. He got his seat when that regional bank acquired the very successful community bank he built from the ground up. I will not name him or this bank, but I will pass on a few things he said to me.

He said, “Our bank’s leadership team and others I know at the local or regional level feel paralyzed and intimidated by the climate of fear created by the Obama administration. We believe we are targets of a very deliberate conspiracy.

“The new and proposed regulations will remove every competitive advantage of the community bank, and make every bank identical, forced to operate exactly as does Bank of America,” he explained. “Then, absent competitive opportunity, all of the independent banks will be greatly de-valued and handicapped. They’ll be vulnerable and easily rolled up into the handful of remaining giants … the small bank’s wealth made into fresh food for the insatiable hunger of the big banks’ deficits and losses. This is, I and others believe, the next step in Obama’s plan to take total control of the financial system and money supply, a requirement of dictatorship. “

What is most significant about these statements is the person making them. This is not some freak like the fellow Mel Gibson portrayed in the movie “Conspiracy Theory.”. He’s not somebody stockpiling food in a cabin hidden away in the woods, to escape to when anarchy erupts. Not anybody you would expect to hear express such thoughts. And he’s not a lone voice.

Another friend is the CEO of a mid-sized company that had been on an impressive trajectory of growth for the past three years but is now stalled. He and his advisers have reversed their viewpoint in the last few months. They are eager to sell the company if possible now rather than later. Why? They believe Obama is deliberately, systematically destroying the economy as a whole and is specifically targeting small business for extinction – because it’s too difficult to exercise dictatorial control over millions of small enterprises.

This fellow has begun the process of acquiring dual citizenship and hopes to cash out and leave the country. He said that he can only envision a growing, worsening, toxic climate of fear here – again that term – and he prefers to be away from it.

Well, liberal fruitcakes have always talked about leaving the country if a president they reviled got elected (Alec Baldwin and Susan Sarandon come to mind). You expect such empty-headed, empty threats from them, as you would from those on the extreme right about Obama. But if you knew this CEO, who made me swear not to mention him by name if writing about this, you would never in a million years expect to hear these thoughts from him.

A couple of weeks ago I talked to the director of marketing for a leading private aviation company, which offers fractional jet ownership, pre-paid membership packages of private jet flight, and concierge-organized private jet travel. In her 15+ years in the industry, she said, she’d never encountered as many people who would not buy and travel in this manner because they were afraid of being seen and judged harshly. Many even feared having their companies singled out for reprisal by the government. She said, “I’m doing business in a climate of fear, almost clandestinely, as if engaged in espionage rather than commerce.” She too asked not to be identified.

This is an untold story. The mainstream media would mostly refuse to report on it. But even if they wanted to, these business leaders and countless others like them would refuse to publicly talk about their views. Because they are afraid.

From free enterprise to fearful enterprise. From ambition, initiative and investment, to hoarding and inaction and exit. This the only thing Obama has actually stimulated: a climate of fear.

SOURCE

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Why We'll Leave L.A.: The business climate is worse than the air quality

The destructive results of a dominant Green/Left vividly displayed

If New Yorkers fantasize that doing business here in Los Angeles would be less of a headache, forget about it. This city is fast becoming a job-killing machine. It's no accident the unemployment rate is a frightening 11.4% and climbing. I never could have imagined that, after living here for more than three decades, I would be filing a lawsuit against my beloved Los Angeles and making plans for my company, Creators Syndicate, to move elsewhere. But we have no choice. The city's bureaucrats rival Stalin's apparatchiks in issuing decrees, rescinding them, and then punishing citizens for having followed them in the first place.

I founded Creators Syndicate in 1987, and we have represented hundreds of important writers, syndicating their columns to newspapers and Web sites around the world. The most famous include Hillary Clinton, who, like Eleanor Roosevelt, wrote a syndicated column when she was first lady. Another star was the advice columnist Ann Landers, once described by "The World Almanac" as "the most influential woman in America." Other Creators columnists include Bill O'Reilly, Susan Estrich, Thomas Sowell, Roland Martin and Michelle Malkin -- plus Pulitzer Prize-winning political cartoonists and your favorite comic strips.

From the beginning, we've been headquartered in Los Angeles. But 15 years ago we had a dispute with the city over our business tax classification. The city argued that we should be in an "occupations and professions" classification that has an extremely high tax rate, while we fought for a "wholesale and retail" classification with a much lower rate. The city forced us to invest a small fortune in legal fees over two years, but we felt it was worth it in order to establish the correct classification once and for all.

After enduring a series of bureaucratic hearings, we anxiously awaited a ruling to find out what our tax rate would be. Everything was at stake. We had already decided that if we lost, we would move. You can imagine how relieved we were on July 1, 1994, when the ruling was issued. We won, and firmly planted our roots in the City of Angels and proceeded to build our business.

Everything was fine until the city started running out of money in 2007. Suddenly, the city announced that it was going to ignore its own ruling and reclassify us in the higher tax category. Even more incredible is the fact that the new classification was to be imposed retroactively to 2004 with interest and penalties. No explanation was given for the new classification, or for the city's decision to ignore its 1994 ruling.

Their official position is that the city is not bound by past rulings -- only taxpayers are. This is why we have been forced to file a lawsuit. We will let the courts decide whether it is legal for adverse rulings to apply only to taxpayers and not to the city.

We work with hundreds of outside agents, consultants, independent contractors and support services -- many of whom pay taxes to the city of Los Angeles. This spurs a job-creating ripple effect on the city's economy. Yet I suspect many companies like ours already have quietly left town in the face of the city's taxes and regulations. This would help explain the erosion of jobs. Regardless of the outcome of our case, the arbitrary and capricious behavior of some bureaucrats is creating a lose-lose situation for everyone involved. If we win in court, the taxpayers of Los Angeles will have lost because all those tax dollars will have been wasted on needless litigation.

If we lose in court, the remaining taxpayers in Los Angeles will have lost because their burden will continue to swell as yet another business moves its jobs -- and taxpayers -- to another city. As long as City Hall operates like a banana republic, why is anyone surprised that jobs have left the city in droves and Los Angeles is teetering on the brink of bankruptcy?

SOURCE

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ELSEWHERE

Black Muslim gang boss jailed for torturing French Jew to death: "The leader of a group that called itself a "gang of barbarians" was sentenced to life imprisonment by a French court for kidnapping and torturing a young Jewish man for more than three weeks before leaving him to die. The gang abducted 23-year-old Ilan Halimi in 2006, unsuccessfully tried to extort a ransom for their captive, tortured him until he was close to death and then left him near a train station. He died shortly after he was found. The case shocked France and turned a spotlight on anti-Semitic violence in the poor, multi-ethnic suburbs around many big French cities. Amid tight courtroom security, Youssouf Fofana, the gang's leader, who admitted killing Mr Halimi, was sentenced to life imprisonment, the maximum penalty under French law, with a minimum period in jail of 22 years. Twenty-four other gang members were handed sentences ranging from six months suspended to 18 years in prison. Two were acquitted. Aside from the horrific details of the murder itself, the case attracted wide attention because of what it seemed to suggest about racial tensions and anti-Semitism in France. Many in the Jewish community say that anti-Semitic aggression among French youths of Arab and African origin has been on the rise in recent years... Among the 26 other defendants were young men accused of taking part in the abduction and guarding of the captive, and a girl who is alleged to have lured Mr Halimi into the Paris suburb of Sceaux where he was kidnapped."

Hot air? We won't wait for Iran to build nuke, says Barack Obama: "US President Barack Obama has cranked up pressure on Iran, saying world leaders are "appalled" at post-poll violence and will not stand idly by while Iran builds a nuclear weapon. Welcoming a rare consensus on Iran among the globe's most powerful nations at the G8 summit in L'Aquila, Italy, Mr Obama said he hopes Tehran will recognise that "world opinion is very clear". The G8 joint declaration expressed "serious concern" over post-election violence in Iran but called for a negotiated resolution to the standoff over Tehran's nuclear program, giving it until September's G20 summit. "And that's been always our premise, is that we provide that door," said Mr Obama. "But we also say we're not going to just wait indefinitely and allow for the development of the nuclear weapon, the breach of international treaties, and wake up one day and find ourselves in a much worse situation and unable to act. "If Iran chooses not to walk through that door, then you have on record the G8 to begin with, but I think potentially a lot of other countries that are going to say, we need to take further steps."

Obama to African leaders: Time for 'responsibility': President Obama on Friday said African countries cannot blame colonialism for problems caused by corruption and their own bad governance as he embarked on his first trip as president to sub-Saharan Africa. Mr. Obama also announced that he has secured a commitment from major countries to spend $20 billion on food security aid, or $5 billion more than expected from world leaders meeting in Italy this week. But he said rather than simple assistance, this money will be managed "to help people become self-sufficient, provide for their families and lift their standards of living." "We do not view this assistance as an end in itself. We believe that the purpose of aid must be to create the conditions where it's no longer needed," he said."

Former Gitmo Inmate Leading Fight Against U.S. in Helmand: "As U.S. forces are pushing ahead with the massive Operation Khanjar in the southern Afghanistan province of Helmand, Mullah Zakir is leading the Taliban fight against them. Mullah Zakir, also known as Abdullah Ghulam Rasoul, surrendered in Mazar-e-Sharif in Northern Afghanistan in 2001, and was transferred to Gitmo in 2006. He was released in late 2007 to Afghan custody. Now as the United States is pushing ahead with the massive Operation Khanjar in the southern province of Afghanistan, Zakir is coordinating the Taliban fighters. Some 4,000 U.S. Marines and hundreds of Afghan forces have faced some resistance as they sweep across the province, reclaiming control of districts where Zakir and his comrades were running a shadow government. Zakir was released from Afghan custody around 2008, according to the New York Post. He re-established connections with high-level Taliban leaders in Afghanistan and Pakistan after his second release. Zakir quickly became a charismatic leader, helping establish an "accountability commission" to track spending and monitor activities of Taliban leaders in the districts where they held power and were running a shadow government, according to the Post."

Pre-Eminence Lost: Is Wall St. Still No. 1?: "In the 15th and 16th centuries, Florence, Genoa and Venice were the financial capitals of the Western world. When they declined, financial leadership shifted to Amsterdam, then to London, and finally to New York, whose supremacy went unchallenged from 1945 until the end of the 20th century. In the new millennium, however, it is showing cracks. A decade ago, companies fought for the privilege of being listed on the New York exchanges. But interest has dropped significantly since the bursting of the tech bubble in 2000. The credit crisis has only made things worse. Will the city be able to retain its title as the world's finance king? What will Wall Street look like in 2015?"

Obamas's red-hot printing press has shaken confidence in the dollar: "Dai Bingguo, who is standing in for the Chinese president Hu Jintao at the G8 meetings, raised questions over the dominant role of the dollar as the world's reserve currency. The discussion, which took place between the leaders of five emerging economies and the G8 industrialised nations, including Barack Obama, caused concern among western leaders. "We should have a better system for reserve currency issuance and regulation, so that we can maintain relative stability of major reserve currencies exchange rates and promote a diversified and rational international reserve currency system,” said Mr Dai, according to the Chinese foreign ministry. China has made a series of attacks on the dollar in recent months, and went as far as to question Hillary Clinton, the US secretary of state, about the trustworthiness of the currency on her visit to China earlier this year."

My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (http://www.facebook.com/jonjayray in full). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here

****************************

The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)

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Saturday, July 11, 2009



Why isn’t America hiring?

On July 1st we saw the release of two piece of important employment data: the Challenger, Gray & Christmas monthly survey of lay-offs and the Monster Employment Index which measures on-line want ads. The latter is an improvement over traditional want ads which were showing declines due to loss of market share to the web rather than actual job opening declines. Just because companies were not recruiting by printing their ads on dead trees doesn't mean they were not hiring. But even in the world of friction-free job recruiting, they are indeed not hiring. The index showed only one up month out of the last eight, and even now with the economic picture improving, job recruiting is still dropping. Why?

It's not as though these jobs are being decimated by lay-offs. Yes, there was a lay off peak last Fall and another bigger one in January, but since then lay-offs have dropped every month so far. In January there were roughly a quarter million jobs eliminated according to this survey. Last month there were less than seventy five thousand. You have to go back to Spring of 2008 to find levels that low.

So we're not firing many people, but we're not hiring either. Why? This is especially confusing given the political mood in Washington during the past two years which has been far more focused on job creation (or savings) than on general economic growth. The stimuli plans were supposed to be job plans. The auto/bank bailouts cum nationalizations were supposed to be about saving jobs, not 'Wall Street'. So given two record breaking stimuli within two years, why isn't America hiring?

America isn't hiring precisely because of government policy. Small business owners, who are usually the first into and the first out of the job pool, are standing by the fence and watching. They are paralyzed by regulatory uncertainty. If they hire someone who ends up doing poorly, will they be able to fire that person? Will they have to pay their health care bills after they've been terminated? If so, for how long? Who will pay for all these stimulus checks? If it will turn out to be small business, why would they hire instead of keeping costs low to prepare for the big tax bill? Where will the market move? Are you in the right business or are your clients in a politically disfavored industry? Are your clients in health care (being nationalized), autos (already nationalized), banking (somewhat nationalized) or any energy production process which uses carbon (pulverized)? Until you know, you don't grow, and until you grow your market, you don't grow your payroll.

Jobs aren't languishing despite the government's best efforts. They're languishing because of them.

SOURCE

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The stimulus that didn't stimulate: The Excuses Begin

Democrats are in a bit of a jam on the stimulus, as many reporters have noticed: “Democrats are all over the map on the stimulus and the possibility of a sequel, and it’s not hard to see why: When it comes to a second stimulus, they may be damned if they do and damned if they don’t.” But there is nothing they would have done differently, right? That phrase may prove to be this administration’s “Mission Accomplished” banner.

The current excuse — that somehow the administration didn’t understand how severe the crisis was — isn’t going over so well. In fact, it’s so easily disproved by rolling back the tapes of all the gloom-and-doom talk that permeated the president’s remarks in the early days of his term, that his critics are having a field day. House Minority Leader John Boehner, for example, isn’t buying any excuses:

I found it … interesting over the last couple of days to hear Vice President Biden and the president mention the fact that they didn’t realize how difficult an economic circumstance we were in. . . Now this is the greatest fabrication I have seen since I’ve been in Congress. I’ve sat in meetings in the White House with the vice president and the president. There’s not one person that sat in those rooms that didn’t understand how serious our economic crisis was.

Well he does have a point; the president kept calling it the worst economic crisis since the Great Depression.

The simple truth is the stimulus was ill-conceived and poorly executed. Sooner or later, the president and his advisers will need to acknowledge that deferring to Nancy Pelosi to devise a grab-bag of goodies for liberal interest groups wasn’t smart politics or smart policy.

SOURCE

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Federal Government Was Culprit in Housing and Economic Crisis, Says Congressional Report

Fannie Mae and Freddie Mac were the chief culprits in the housing crisis because they encouraged people who could not afford payments to borrow money, according to a congressional report released Tuesday. The claims in the report have long been advanced by conservatives, who argue that the Community Reinvestment Act and other federal programs fed the housing bubble that burst in 2007 and led to the economic downfall in 2008.

But the report explains in detail how Fannie and Freddie -- government sponsored enterprises (GSE) that were not subject to the same oversight as other publicly traded firms -- “privatized their profits but socialized their risks.” “In the short run, this government intervention was successful in its stated goal – raising the national homeownership rate,” says the report, the result of an investigation launched last fall by Republican members of the House Oversight and Government Reform Committee. “However, the ultimate effect was to create a mortgage tsunami that wrought devastation on the American people and economy,” says the report. “While government intervention was not the sole cause of the financial crisis, its role was significant and has received too little attention.”

The report talks about the Clinton administration’s National Homeownership Strategy, citing President Clinton’s directive to “lift America’s homeownership rate to an all-time high by the end of the century.” The Clinton strategy further said that Freddie and Fannie should reduce down-payment requirements and, according to the report, “called for increased use of ‘flexible underwriting criteria,’ which it said could be achieved in concert with ‘liberalized affordable housing underwriting criteria.’”

“That is the perfect smoking gun that tells how Barney Frank [D-Mass.], the Clinton administration and others would do it in those days,” Rep. Darrell Issa (R-Calif.), the ranking member on the House Oversight and Government Affairs Committee, said Tuesday in a speech at the Heritage Foundation. “The seeds of the meltdown began with the well-intentioned goal that everyone have a home even if they can’t afford it,” he said. “It led to one of the biggest ponzi schemes ever.” .....

The report also talks about how the two GSEs became a powerful lobby. Fannie Mae CEO Jim Johnson opened up “partnership offices” in congressional districts, hired relatives of members of Congress, and GSE employees contributed $15 million to federal campaigns from 1998 to 2008. Throughout that time, all attempted reforms in Congress were blocked....

The report cites Frank’s accusations that to blame Fannie and Freddie is to blame only the lender and not the borrower. “This misses the mark entirely. In fact, responsibility for the erosion of mortgage lending standards, which began with government affordable housing policy, rests squarely on the policy makers who advocated these ill-conceived policies in the first place,” the report says. “Borrowers quite naturally responded to the incentives they were given, irrespective of their socioeconomic status, and risky lending spread to the wider mortgage market.”

More HERE

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ELSEWHERE

The case for doing nothing: “The first thing to note about the financial crisis is that the federal government never had any business intervening in the personal decision of whether you want to own a home. There is no rational economic argument, or any argument I know of, that says the market of buying and selling homes is imperfect in some way, requiring government action. Construction firms have plenty of incentive to build homes and sell them. People who have the wherewithal have plenty of incentive to buy homes if they so choose. For the government to intrude into homeownership was an off-budget, nontransparent, backdoor attempt at redistributing income. And when the policy became a way of transferring income to people who couldn’t afford those homes, it was doomed to failure.”

75 years of housing fascism : “On June 28, 1934, Franklin Delano Roosevelt signed into law the National Housing Act (NHA) of 1934. Hugh Potter, president of the National Association of Real Estate Boards (NAREB) called it ‘the most fundamental legislation … ever enacted affecting real estate and home ownership.’ While federal intervention in housing had begun in 1932 under the supposedly laissez-faire Hoover, Potter’s assessment was correct in the sense that the act broke new ground in terms of the range of public-private collaboration — and the unintended destructive consequences of such.”

Washington needs to help businesses for a change: “Are the stock market and economy taking turns for the worse? Do we really need a new stimulus plan from Washington? Let’s begin by rolling back the clock to last Thursday’s June jobs report. It was not a good report. Stocks have fallen over 4 percent since then. And here’s one reason why: plunging wages. Private hours worked continue to free-fall. Hourly wages have flattened. It was a nasty report. Job losses are still substantial. It’s a powerful and nasty combination. While I am an optimist by nature, this does worry me. It suggests a later, and weaker, economic recovery. So here’s a novel thought for all the geniuses down in Washington. Help businesses for a change.”

Canada: US soldier denied asylum : “The first woman soldier to flee the U.S. military for Canada to avoid the Iraq war on Wednesday appealed the findings of a report that led to her deportation order. Lawyers for Kimberly Rivera argued a Ministry of Citizenship and Immigration report did not adequately measure the potential risks the war resister could face if she were returned to the U.S. before a Canadian court ordered her to be deported earlier this year. Rivera’s lawyer, Alyssa Manning, argued in Canada’s federal court that her client would more likely face a court martial and jail time instead of an administrative discharge because of her political opposition to the war.”

Why sacrifice? : “I just don’t know what exactly President Obama means when he says ‘We must all expect to sacrifice during these times’ or the equivalent. Never mind why we must do this — does he want to enact laws that force us all to sacrifice? Is that his job? But, as I said, never mind such tiny details. What exactly does the president consider a sacrifice? Does reducing our standard of living amount to a sacrifice?”

British Labour isn’t working : "The latest figures released by the Department of Work and Pensions show a telling but frightening story as to the societal damage New Labour have inflicted upon Britain. According to the data, over a million people have been on constant state benefits since 1997 whilst another 1.9 million have been on benefits for over seven years. These results are not as surprising once New Labour’s welfare policies have been inspected. Although they claim to support the most vulnerable in society they seem to have penalised them at every opportunity. State benefits are set at a level where it is more beneficial for an individual to remain on them rather than seek employment.”

My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (http://www.facebook.com/jonjayray in full). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here

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The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)

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Friday, July 10, 2009



EVEN HEAVILY PROPAGANDIZED COLLEGE STUDENTS PREFER THEIR OWN RACE

There is a new article out in the NYT on the research of Russell Fazio, work which I mentioned late last year under the same heading as that which I have used above. Fazio studies college students who are unlucky enough to be assigned a roommate of a different race -- in the bright-eyed but now hoary hope that living with a black will make you like blacks more. The theory (generally called the "contact hypothesis") goes back to the 1940s and I summarize most of the early research on it here. As I think most readers would expect, the facts give little support to the theory. The theory is based on the view that blacks are just the same as whites, only browner -- and if you believe that you will believe anything.

Needless to say, Fazio finds what many others before him have found -- that most whites thrown together with blacks very rapidly want out. Those who do stick it out, however, seem to have more positive attitudes towards blacks at the end of the experience. In the usual logically-deprived reasoning that seems to pervade the sciences that I know something about (psychology, sociology, medicine and climate science) Fazio just assumes he knows what is the cause of that improvement. One of the first things you learn in Statistics 101 (I used to teach introductory statistics at university level) is that "correlation does not prove causation" -- but an awful lot of scientists seem not to have done a statistics course. Fazio somehow seems to think the improved attitudes observed in some students confirms his "contact hypothesis". But what does it really prove? It COULD prove that it is only when blacks "act white" that whites can live with them and that those whites who live with such blacks are relieved to find that such blacks do exist. Much more likely, however, is that the whites who stick it out are more politically correct and know what to say when Fazio questions them. Students are very good at giving their professors the answers that their professors want. That's how most of them get their degrees.

So if anyone thinks that Fazio has found anything useful towards improving race relations, all I can say is I admire your optimism but not your reasoning power. I was amused, however, by the finding that living with Asians tended to make you dislike Asians. Given Asian superiority in all sorts of academically relevant ways, I don't find that surprising at all! And it does in fact reinforce the most usual finding from "contact hypothesis" research: That getting to know other races makes you like them LESS.

I was amused also by this sentence from one of the other researchers quoted: “Just having diversity in classrooms doesn’t do anything to increase interracial friendships”. That does rather undermine the whole rationale of having "diversity" on campus, it seems to me!

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The Internet's Effect on Intellectual Conservatives

Below is an excerpt from a new blog that should be fairly congenial to most readers of this blog. The blog is called OneStDv, a reference that students of IQ will understand immediately. A caution, however: Have a look at the brief glossary at the top of his side column before you read at any length in his blog. He uses some abbreviations that are customary only in his own field of discourse

In my experience, there are generally two groups of conservatives: the traditional and the intellectual. The traditional sect is typified by Bible belt, blue-collar whites who support social conservative values, religion, and a strong sense of American pride. The intellectual sort is typified by individuals like Bill Buckley, Barry Goldwater, and George Will. He's a libertarian in the social sphere, though he does support many traditional aspects of culture because, simply, they work. He champions limited government, merit-based economy, and a fortified national defense. (I classify myself as this.)

The former group came to public prominence due to Jerry Fallwell's Moral Majority coup in the early 1980's. This ascendancy did not represent a cultural shift amongst this political bloc. Rather, it reflected the already present social values entrenched in these geographic regions. Voicing politically incorrect opinions concerning black crime rate, feminism, welfare, and nationalistic pride is considered mundane amongst these voters. Yet, when one resides in suburbia, the domain of middle and upper class whites, these opinions are considered at best, improper, and at worst, abhorrent.

As a result, suburbia produces a large portion of ideological drones, individuals who assume liberal politics is the default position of the enlightened and sophisticated. Not only are they exposed to little dissent from the PC agenda, but any contrary opinions are rarely voiced due to social ostracism. Until recently, the conservative suburbanite or elite academic had no forum in which to vent his conservative opposition. He was surrounded by conforming, high intelligence liberals, espousing almost identical positions on the controversial issues.

But recently, this conservative has found a proper outlet for his frustration and his unwillingness to accept the polite doctrine. His potential intellectual and political peers no longer reside in just his geographic vicinity. The Internet, alongside endless amounts of porn and frivolous viral content, serves as a meeting place for the token, intellectual conservative unable to find common ground with his liberal acquaintances or overtly religious peers. Conservative websites and forums, especially those in my "Related Blogs" section, attract a large scope of visitors, many of whom are the product of middle-class, educated parents.

More HERE

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Minimum-wage folly

by Jeff Jacoby

AS IF THE RECESSION hasn't been rough enough on those near the bottom of the economic food chain, fresh bad news is on the way. Beginning July 24, the federal government will be making it more difficult for employers to hire low- and unskilled American workers. Thanks to an ill-advised law enacted with bipartisan support in 2007, the cost of providing an entry-level job to individuals with few skills or minimal experience will be going up by more than 10 percent. Those who cannot find a job paying at least $7.25 an hour will not be permitted to work.

Welcome to the latest chapter of America's minimum-wage folly.

This will mark the third time in recent years that Washington has forced up the cost of employing low-skilled workers. Last July the minimum hourly wage was increased from $5.85 to $6.55; the July before that, from $5.15 to $5.85. By the end of this month, in other words, the lowest rung on the employment ladder will be nearly 41 percent higher than it was just two years ago. Needless to say, that will put it beyond the reach of many marginal workers, leaving them without work.

Those who press for a higher minimum wage often claim that making entry-level jobs more expensive won't reduce the number of entry-level jobs. Were the government to compel a 41 percent increase in the price of gasoline or movie tickets or steel, every rational observer would expect a drop in the demand for gasoline, movie tickets, or steel. Yet when it comes to the minimum wage, politicians and journalists somehow persuade themselves that making workers more expensive won't reduce the demand for workers. Senator Edward Kennedy, for example, blithely asserts: "History clearly shows that raising the minimum wage has not had any negative impact on jobs." Activist Holly Sklar, campaigning for a $10 minimum wage, likewise insists that "raising the minimum wage does not increase unemployment in good times or bad."

But that's exactly what it does. Artificial price floors -- mandatory minimum prices set higher than what the market will bear -- generate surpluses. Minimum-wage laws are no exception. The price floor imposed by the government on the supply of low-skilled labor results in a labor surplus, which is just another way of saying higher unemployment. How much higher? Economists Joseph Sabia of American University and Richard Burkhauser of Cornell estimate that the minimum-wage hikes of the past two years will wipe out more than 390,000 jobs. According to David Neumark of the University of California at Irvine, an expert on labor force economics, the minimum-wage jump scheduled for this month "will lead to the loss of an additional 300,000 jobs among teens and young adults."

It is bad enough that Congress and the president would deliberately price so many workers out of the market. What is worse is that they claim to be helping the poor when they do so. As a presidential candidate, Barack Obama backed a minimum-wage of $9.50 an hour because, his website explained, he "believes that people who work full time should not live in poverty." But if helping the poor is the goal, making it harder for them to get that crucial first job -- the one that may not pay much at first, but that gives new workers their first foothold in the job market -- is not the way to achieve it.

Politicians cannot cure poverty by raising the cost of entry-level employment any more than they can do so by waving a magic wand. After all, if aiding the needy were as easy as setting a compulsory minimum wage, why not set it at $20 an hour -- or better yet, $120 an hour -- and really help them out?

The laws of supply and demand are not optional. They weren't enacted by Congress and Congress cannot override them. Of course a higher minimum wage may benefit some low-skilled workers. But there are innumerable others whom it harms: Those who lose their jobs or can't get hired in the first place because the higher rate is more than their labor is worth. Those whose employers compensate for the wage increase by cutting employees' hours. Those whose jobs are outsourced to a market with lower labor costs.

Minimum-wage laws don't make low- and unskilled Americans more productive, more experienced, or more desirable. They merely make them more expensive -- and more likely, as a consequence, to be unemployed.

SOURCE

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BrookesNews Update

Is the Fed predicting economic stagnation for the US? : Unemployment is still rising, business investment is plunging, manufacturing is still contracting, construction is still shed labour as are services. Obama's economic policy is in a shambles. His solution to every economic problem is always more taxes and more government control. But what is really happening to the US economy?
Obama's economic failure lessons from the Great Depression: Obama's failure to tackle the recession is becoming more and more apparent with each passing day. His childish mantra of blaming Bush for every lousy economic statistic that emerges no longer washes with the great majority of Americans. Nevertheless, it is necessary to confront the economics myths of the Great Depression that are being used to justify has massive expansion of government
Why Obama's massive energy bill will wreck the US economy : The costs of the Obama scheme are massive and cumulative. If fully implemented they would wreck the economy and savage living standards. His policy is not a 'jobs bill' but an attack on jobs
Global warming crisis yet another flagrant con: The Waxman=Markey bill is based on outrageous lies and will be an economic disaster. If the congressional, administration and activist conspirators behind this deceit were in the private sector — peddling bogus drugs, rather than bogus science — they'd be jailed for fraud
Honduras and congressional Banana Democrats: There was a coup in Hondura, but it wasn't committed by the US or the Honduran court. It was committed by the leftwing Zelaya. He brazenly defied the law, and Hondurans overwhelmingly supported his removal (a pro-Zelaya rally Monday drew a mere 200 acolytes). Yet Obama stood with Chavez and Castro, calling Zelaya's lawful removal 'a coup'
When they are paying my salary, then I'll worry: Our society has gone, just a few short years ago from being inundated with daily stories of Michael Jackson's 'sleepovers' in his bed with very young friends to all of Hollywood speaking about the great loss that the nation is suffering because of this 'great' man?
The Obama teleprompter lies about Obamacare : These are scary times and if you're over the age of 55, be very scared. If you're chronically ill with diabetes or high blood pressure or multiple sclerosis, etc., your future won't be very bright under Obamacare where federal government and bureaucratic pencil-pushers will decide how long we should live? If we are not entirely convinced of this possibility, do we really want to find out the answer the hard way?
Demands are only growing bigger for a shrinking base of taxpayers: "Washington's champion spenders — from Obama on down — appear to suffer from a delusional psychosis about money. They believe that federal spending is a healing balm. It has magical powers. If applied often enough in large enough quantities, it will cure everything. They also seem to think the money belongs to them and not the taxpayers from whom it was extracted
I'm With Sarah Palin! : America's strength has always come from 'we the people', not 'we the politicians.' It is time for all Americans to remember that and quit relying on government and/or politicians for solutions. Just as Sarah Palin has

My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (http://www.facebook.com/jonjayray in full). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here

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The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)

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Thursday, July 09, 2009



Honduras Outraged by Obama-Chavez Alliance



(The sign says: "Honduras is an example to the world: we do not have oil or dollars. But we have balls")

I continue to receive messages from Honduran citizens upset at the international media for their distorted coverage of the situation in the Central American country. The people support the ouster of Manuel "Mel" Zelaya, who is considered a puppet of Venezuelan Communist ruler Hugo Chavez. They are mystified that an American president would want to return this Chavez puppet to power in Honduras.

One Honduran wrote: "The recent action taken by our Congress is highly supported by several organizations in support of peace and democracy: the State General Attorney, the Supreme Court, the Armed Forces, the private organizations and especially many young people. Mr. Zelaya broke the law on several occasions even after the Supreme Court stated that it was illegal. He had no respect for our laws and our Constitution.

"It's not a new fact to the international media what are Chavez intentions over Central and South America. And we in Honduras don't want that. We don't want to go back to socialism or communism. We still believe very strongly in our democracy and very strongly in our freedom...We should be an example to Central American countries as well as South American countries who have not yet been influenced by Chavez.

"May God bless our small but courageous country. And I hope the international media investigate very deeply. Send your people here and interview people from Congress and Supreme Court. Thank you again for reading our side of the story. We want a democracy, peace, freedom, and a president who doesn't believe he is above the law.

"Many people don't know where Honduras is, but after this, they shall remember that Honduras said no to socialism and communism.

More HERE

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Dumbing down the naval academy

Bruce Fleming, a tenured professor of English at the Naval Academy, is accusing his school of "dumbing down the Naval Academy" and "dumbing down the officer corps" through the use of an admissions policy that favors minority candidates. Fleming's claim appears to have merit.

According to the Washington Post, the Academy has proclaimed as a top priority the building of a student body that reflects the racial madeup of the Navy and of the nation. Consistent with this goal, its newly admitted group of plebes includes 435 minority group members in a class of 1,230. This is the most racially diverse class in the academy's 164-year history.

While the Academy claims that these numbers have been attained "with no loss of scholarship," that claim is inconsistent with the data. According to Fleming, 22 percent of this year's plebes scored less than 600 on the math SAT. Last year, only 12 percent of the plebes failed to hit 600.

Against this evidence, the Naval Academy can boast that 76 percent of the class of 2013 came from the top 20 percent of their high school classes, the same proportion as a decade ago. But the test score data are more probative than the class rank data. For if, as appears, the Academy is now filling its ranks with top students from high schools with lower achieving students than before, the Academy is, indeed, being dumbed down, as Professor Fleming says.

Oh well, it's only our nation's security that's at stake.

SOURCE

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Putin on Bush and Obama

Putin Praises Bush

MOSCOW (Reuters) - Russia's Prime Minister Vladimir Putin praised the hospitality and openness of U.S. former President George W. Bush in a telegramme sent hours before meeting his successor Barack Obama.

"During the last years we have been working on strengthening Russia-U.S. cooperation. Although there were differences between our countries, I always valued your openness and sincerity," Putin said, congratulating Bush on his 63rd birthday on July 6.

"With special warmth I recall your hospitality in the Crawford ranch and your family estate in Kennebunkport," Putin wrote, referring to their 2007 meeting at the Bush family vacation home when the two leaders went fishing and ate lobster.

Putin rebukes Obama

MOSCOW (Reuters) - Russian Prime Minister Vladimir Putin on Friday rejected U.S. President Barack Obama's charge that he was mired in Cold War thinking, setting the scene for a stormy first meeting at a Moscow summit next week.

In a pre-trip interview, the U.S. leader told the Associated Press that Putin needed to "understand that the Cold War approach to U.S.-Russian relationship is outdated" and that Putin had "one foot in the old ways of doing business."

Putin -- who once described the collapse of the Soviet Union as "the greatest geo-political catastrophe of the century" -- hit back, saying Russians were standing firmly on both feet.

SOURCE

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ELSEWHERE



Strange "Rightists" in Sweden these days: Yesterday the main Finnish newspaper Helsingin Sanomat (News of Helsinki) writes about Sweden's awakening to Leftist violence. In the article there are interviewed both a researcher of the Swedish secret police (Säpo) and the minister of immigration (with a non-Swedish name) Nyamko Sabuni. The police representative first says that the extreme left is JUST AS violent in their actions as the extreme "right". The minister goes ahead and ADMITS that both the media and the politicians have tolerated the violence of the Leftists due to "historic facts" and labelled the acts as "the riots of the youth". The most visible proof of this willful misunderstanding is the picture attached to the news. The text below the picture states: "The Swedish extreme right usually demonstrates its power on the Swedish National day June the sixth". At you can see in the picture, the "extreme right" members wear the abbreviation NSF on their shirts, which is short for "National Socialist Front". What kind of right wing supporters would carry the word "Socialism" in the name of their group? It's Hitler all over again: Only "Rightist" from the viewpoint of Marxism/Leninism.

Obama: US has “absolutely not” okayed Israeli strike on Iran : “President Obama, issuing an unusual clarification of his vice president’s words, said Tuesday that his administration had ‘absolutely not’ given its blessing for an Israeli attack on Iran. Obama said that although Israel had the right to defend itself, U.S. officials had emphasized the need to avoid ‘major conflict in the Middle East.’ Vice President Joe Biden created a stir Sunday by suggesting the U.S. would stand aside if Israel wanted to attack.”

Great! Ward "Eichmann" Churchill loses bid to reclaim job : “A judge refused Tuesday to reinstate a University of Colorado professor who was fired on plagiarism charges after he likened some Sept. 11 terrorist attack victims to a Nazi leader. If it stands, the ruling means Ward Churchill cannot return to the classroom even though he won a lawsuit in April arguing that his firing was politically motivated. … A jury ruled Churchill shouldn’t have been fired, but the decision on whether to reinstate him was left up to the judge, Larry J. Naves of Denver District Court. Naves ruled Tuesday that the decision by the university’s governing Board of Regents ‘occurred with sufficient procedural protections.’ He also noted that jurors awarded Churchill only $1 in damages. He said the low figure meant that the jury concluded Churchill did not incur any damages.”

US lurching towards “debt explosion”: “The US economy is lurching towards crisis with long-term interest rates on course to double, crippling the country’s ability to pay its debts and potentially plunging it into another recession, according to a study by the US’s own central bank. In a 2003 paper, Thomas Laubach, the US Federal Reserve’s senior economist, calculated the impact on long-term interest rates of rising fiscal deficits and soaring national debt. Applying his assumptions to the recent spike in the US fiscal deficit and national debt, long-term interests rates will double from their current 3.5pc. The impact would be devastating by making it punitively expensive to finance national borrowings and leading to what Tim Congdon, founder of Lombard Street Research, called a “debt explosion”.

The triumph of crony capitalism: “First President Bush, then President Obama poured billions into General Motors and Chrysler to keep the companies alive but barely breathing. That was just for starters. Next came Obama’s creation of an Auto Task Force to oversee the auto companies. To head the task force, the president picked Steve Rattner, a Wall Street investor with no experience in automaking but lots in raising campaign money for Obama and Democrats. GM and Chrysler were quickly restructured, mostly to the benefit of the United Auto Workers, the union which spent millions in 2008 to elect Obama and Democrats. The UAW now owns 17.5 percent of GM and 55 percent of Chrysler — quite a return on an investment of zero dollars. Obama said all parties should ’sacrifice,’ but only bondholders did. They got a fraction of what they were legally entitled to receive. UAW retirees, in contrast, got a gift of $9.5 billion at GM and $14.2 billion at Chrysler. There’s an epilogue. Delphi, the auto parts manufacturer once owned by GM and still its biggest supplier, has been in bankruptcy for four years. To acquire its assets and run the company, Delphi and Obama’s Auto Task Force picked an affiliate of the private equity firm Platinum Equity. There was no auction or competitive bidding, though Platinum stands to make millions in the deal. Why Platinum? The UAW favored it, sources said. There’s a name for all this: crony capitalism.”

Christian car repair in Missouri: "American motorists afraid that repairing the family car might break their budget are increasingly turning to Christian repair garages that offer honesty and charity as well as mechanical expertise. Christian Brothers Automotive, founded in Texas in the early 1980s, has just opened its 59th franchise in the recession-hit suburbs of St Louis, Missouri as part of its plans to have 120 outlets across the United States. Most are currently based in the South’s Bible Belt but the company is now expanding north. Nearly 80 per cent of Americans describe themselves as Christians so the company’s philosophy of ministering to its customers and treating them like family while fixing only what needs to be fixed is turning out to be good business during the recession."

Activists left and right spotlight a broken federal government: “Millions of Americans perceive that the federal government is broken and might not be fixable. They view centralized power as heavy-handed, intrusive — and yet useless when it’s called upon for help, as in the aftermath of Hurricane Katrina. Right or wrong, like them or not, state sovereignty activists say, ‘We have a solution.’ Their solution is radical local activism to restore power to citizens at the state level. They aim to make state laws that counteract federal ones. They hope to preserve local or regional cultures against homogenization. They’re all aiming for their idea of freedom — although often their concepts of freedom are diverse, to say the least. Watch them: They may be the vanguard of a much larger movement of frustrated citizens who feel helpless to achieve their aims at the federal level but who aren’t willing to accept the status quo.”

Federal web sites knocked out by cyber-attack : “A widespread and unusually resilient computer attack that began July 4 knocked out the Web sites of several government agencies, including some that are responsible for fighting cyber crime …. The Treasury Department, Secret Service, Federal Trade Commission and Transportation Department Web sites were all down at varying points over the holiday weekend and into this week, according to officials inside and outside the government. Some of the sites were still experiencing problems Tuesday evening. Cyber attacks on South Korea government and private sites also may be linked. … U.S. officials refused to publicly discuss any details of the cyber attack, and would only generally acknowledge that it occurred. It was not clear whether other government sites also were attacked.”

Royalties deal lets Internet radio play on: “An agreement has been reached to help ensure the future of internet radio by warding off potentially devastating copyright-royalty rate hikes. The deal is between SoundExchange, a nonprofit royalty collection and distribution organization associated with the Recording Industry Association of America, and three small internet-radio webcasters: radioIO, Digitally Imported, and AccuRadio.”



East Germany: Homesick for dictatorship : “Glorification of the German Democratic Republic is on the rise two decades after the Berlin Wall fell. Young people and the better off are among those rebuffing criticism of East Germany as an ‘illegitimate state.’ In a new poll, more than half of former eastern Germans defend the GDR. … Today, 20 years after the fall of the Berlin Wall, 57 percent, or an absolute majority, of eastern Germans defend the former East Germany. ‘The GDR had more good sides than bad sides. There were some problems, but life was good there,’ say 49 percent of those polled. Eight percent of eastern Germans flatly oppose all criticism of their former home and agree with the statement: ‘The GDR had, for the most part, good sides. Life there was happier and better than in reunified Germany today.’” [Young people draped in the East German flag above]

The tough job of bossing us around: “White House officials are so busy wielding vast government power that they barely have time to see their kids! That’s the gist of a New York Times human-interest piece, that portrays Obama administration apparatchiks as overburdened by the demands of their ambitious agenda, to the point that their home lives are somewhat neglected. Let me suggest that the bunch of them should punch out and let the policy wish-list gather a bit of dust. It’s OK; we’ll survive.”

UK: Kindness not enough to cut the queues : “Cheers all round as the Human Tissues Authority announce that the number of people donating kidneys to strangers has increased by 50 per cent. The only problem, alas, is that the increase is from ten people to fifteen. And three of those have yet to undergo surgery. In a country where 7,000 people are in need of a kidney, an increase of two donors is hardly a cause for celebration. Fortunately there is a long-ignored solution: compensating organ donors.”

I have put up a fair bit up on my Paralipomena blog recently, for what it is worth.

My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (http://www.facebook.com/jonjayray in full). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here

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The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)

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Wednesday, July 08, 2009



It takes b*tches to tear down a lady

By Andrew Breitbart

What a shock that Maureen Dowd devoted her New York Times column Sunday to attack Sarah Palin. It did not so much criticize Alaska's governor for prematurely stepping down from her official duties as to finish off what sister snipers Katie Couric and Tina Fey began last fall: The assassination of Sarah Palin - by media.

For those who didn't pay attention, Mrs. Palin's unexpected stratospheric rise as a national political figure threatened the media's preordained presidency of Barack Obama.

In light of how the Obama machine took down Hillary Clinton, which unsettled many feminists who believed 2008 was their time, many who saw sexism at play - the destruction of an ascendant Republican female icon was an urgent imperative for the Democratic Party. In conjunction with the laws of political correctness as perfected by the Democratic Media Complex, it would take prominent women to take down an unlikely and unexpected conservative feminist symbol that threatened to steal away Mrs. Clinton's votes from the Chosen One.

While the vanquished then-senator from New York conspicuously removed herself from this task - going so far as praising Sen. John McCain's running mate as "a very composed and effective debater" - a trio of media partisans, each with a unique skill set, rose to the task of tearing down Sarah Palin.

Misses Dowd, Couric and Fey - Obama's Angels (featuring Joy Behar in the role of "Bosley") - used a potent mix of mockery, snobbery and vitriol to undermine Mrs. Palin's feminist bona fides. They are what my wife calls "pad throwers," an allusion to the shower room scene in the Stephen King film "Carrie," in which the popular girls throw sanitary napkins and tampons at the film's namesake. Simply put, they are bullies. And female bullies - "Mean Girls" as Miss Fey's film calls them - are the cruelest kind.

Primarily motivated by a desire to keep abortion "safe, legal and rare," female liberals in the media have carte blanche to do and say anything. But since Mrs. Palin, a mother of five including a boy who was known to have Down syndrome before he was born, is a potent symbol of the pro-life movement, she is considered an enemy of the sisterhood.

Miss Dowd's attempted takedown of Mrs. Palin is less skillful surgery than it is name calling using fun noun and adjective pairings. Think "Mad Libs." And, that's exactly what Misses Dowd, Couric and Fey are. Once the ladies did their job, liberal men like Jon Stewart and David Letterman had the cover to join the hate campaign.

While Mrs. Palin is at ease with her gender, as well as her place in the workplace and at home, Misses Dowd, Couric and Fey convey a base insecurity in their feminine skin. Their rage is fueled by liberalism's false feminist dogma and they take it out on a woman who chose not to join their angry sorority.

The governor of Alaska's compelling narrative - athlete, beauty queen, wife, mother, hunter, successful politician - shows adherents of narrow leftist dogma that, perhaps, women really can have it all. Most importantly: freedom of thought. In calling Alaska's governor "Caribou Barbie," Miss Dowd used beauty as a weapon to diminish Mrs. Palin's achievements. A man would be reprimanded for this, but Miss Dowd is a Pulitzer Prize-winning pad thrower and is licensed for such vindictive pettiness.

"Caribou," of course, is a stab at Mrs. Palin's backwater, Red State ways, attacks on which an Upper Westside liberal snob can never get enough. Miss Dowd goes on to ridicule "Sarah's country-music melodramas." This is her barely veiled attempt to call Mrs. Palin "white trash." And this has been the loathsome subtext of all media criticism of the Palins. They even went after their children. Mercilessly. And Mrs. Palin during the Letterman saga finally cried, "Enough!"

Exposed in the relentless Palin attacks is not just political bias, but unmitigated class bias. The American mainstream media in its current free-fall is begging for more comeuppance when it continues to berate the values and lifestyles of the folks in flyover country who in simpler times used to be considered valued customers.

While "empathy" and "tolerance" may be liberalism's highest values, Miss Dowd offers her conservative victims none. They are caricatured, demeaned and dehumanized. They are to be mocked and ridiculed to the point where the other students point and laugh. The MoDo template is so simple and repetitive it could be written into a software program.

Perhaps resigning from her first term in office may hurt Mrs. Palin's attempts to run for higher office. Even I, a Palin supporter, now have qualms about her seeking higher office. But politics is not the most important way to influence our country, and reinforce conservatism's relevancy in the current global disorder. Media is. Sarah Palin may best serve her country by entering the media fray. In the pursuit of taking her down, Misses Dowd, Couric and Fey have created the person who burns the liberal media prom down.

SOURCE

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Honduras and Chile

I want to start with a good intoduction to my topic from Taranto. Taranto has a strong albeit subtle (dare I say Jewish?) sense of humor so, although I love his closing line, it is not the point of what I want to say:
"The Central American nation of Honduras continues its defense of the rule of law in the face of an assault by the Organization of American states, the Associated Press reports from the capital, Tegucigalpa:
Honduras' interim government closed its main airport to all flights on Monday after blocking the runway to prevent the return of ousted President Manuel Zelaya. Clashes with his supporters caused the first death in a week of protests. . . . Honduras' new government has vowed to arrest Zelaya for 18 alleged criminal acts including treason and failing to implement more than 80 laws approved by Congress since he took office in 2006. Zelaya also refused to comply with a Supreme Court ruling against his planned referendum on whether to hold an assembly to consider changing the constitution.

Bizarrely, President Obama has sided with the OAS and the scofflaw ex-president. A Bloomberg report from last week quotes a Honduran Supreme Court justice, Rosalinda Cruz, explaining the situation:
"The only thing the armed forces did was carry out an arrest order," Cruz, 55, said in a telephone interview from the capital, Tegucigalpa. "There's no doubt he was preparing his own coup by conspiring to shut down the congress and courts."

Why won't Obama listen? Does he have something against wise Latina women?

What I want to point out is that the situation in Honduras is a very close re-run of what happened in Chile in 1973. A far-Leftist President was defying the law of the land and the military responded to a plea from the Parliament to remove him. The outcome of that was in the end very good for Chile -- which is now a prosperous and stable democracy -- so I have some hopes that Honduras will benefit similarly. Honduras would be lucky to have a military leader as wise and as principled as Augusto Pinochet, however. Incidentally, Pinochet was an appointee of the man he deposed, Salvador Allende. Allende appointed him because Pinochet was known as non-political. He responded when his country called, however. You will read none of that in the press, of course.

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Obama regime cheapens one of America's highest honours

We read:
President Obama on Wednesday signed a measure awarding the 300 surviving Women Airforce Service Pilots from World War II the Congressional Gold Medal. The bill passed by both chambers of Congress bestows one of the nation's highest civilian honors on the group known as WASPs more than 60 years after they were the first women to fly U.S. military aircraft.

"The Women Airforce Service Pilots courageously answered their country's call in a time of need while blazing a trail for the brave women who have given and continue to give so much in service to this nation since," Obama said in a statement. "Every American should be grateful for their service, and I am honored to sign this bill to finally give them some of the hard-earned recognition they deserve."

The Women Airforce Service Pilots was formed in 1942 to create a corps of female pilots able to fill all types of flying jobs at home, freeing male military pilots to travel to the war front. The 1,100 members had to pay their own way to Texas for months of rigorous training.

Once assigned to military bases, they did everything from participating in ground-to-air anti-aircraft practice; to towing targets for air-to-air gunnery practice with live ammunition; to flying drones; to conducting night exercises; to testing repaired aircraft before they were used in cadet training; to serving as instructors and transporting cargo and male pilots to embarkation points.

More HERE

I entirely support recognition of their service at home while men were sent into the war zone but did their service justify such an extremely high honour? If it did, all the pilots who went abroad should also get it. As far as I can see, fewer than 300 congressional gold medals have previously been given since George Washington received the first. In the period following WWII only 8 army men received gold medals, all generals. This affair just shows what contempt Democrats have for military values and distinguished service.

The fact that Republicans also voted for this measure just shows that they too are under the thumb of political correctness

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ELSEWHERE

How's the stimulus working for you so far?: "Well now. Our economy is really lunging forward, isn’t it? What a ride! Are you holding on? We’re billions of dollars further in debt (trillions?) and the economy is still stagnant. TARP, the stimulus bill, massive debts our children and grandchildren will have to pay .. and what has this all brought us? Banks aren’t lending, businesses aren’t hiring – let along expanding – and consumers aren’t buying. Oh, to be sure, the malls are crowded. Turn up the thermostats and see how long that lasts. Those aren’t shoppers, they’re just your neighbors trying to stay cool while watching the latest absurd teen fashion and freak shows".

Lessons from the Fourth of July : “The true revolutionary aspect of the Fourth of July was not the military battles that the English colonists waged against the British Empire. Instead, it was the notion that was expressed in the Declaration of Independence: man’s rights do not come from government but rather from nature and God. Throughout history, people have been taught to believe that their government is the source of their rights. The consequence of that mindset is logical — people express gratitude to their public officials for their freedom.”

Fuel standards are killing GM: "General Motors can survive bankruptcy far more easily than it can survive President Barack Obama’s ambitious fuel economy standards, which mandate that all new new vehicles average 35.5 miles per gallon by 2016. The actual Corporate Average Fuel Economy (CAFE) results will depend on the mixture of fuel-thrifty and fuel-thirsty vehicles consumers choose to buy from each manufacturer — not on what producers hope to sell. That means only those companies most successful in selling the smallest cars with the smallest engines will, in the future, be allowed to sell the more profitable larger pickups and SUVs and more powerful luxury and sports cars.”

Markets need freedom to fail: “President Obama has announced his ’sweeping overhaul of the financial regulatory system.’ We can debate endlessly whether the Constitution authorizes any president to ‘overhaul’ the financial system. But I want to focus on a different matter: whether any president, with all his advisers, is capable of overseeing something as complex as the financial system. My answer is no, and it is ominous that a bright guy like Obama doesn’t know this. He thinks he must regulate the system because it is so complicated and important. In fact, those are the reasons why he cannot regulate it, and should not try.”

Goldman Sachs angry at 'vampire squid' description: "If only financial journalists would dish out more insults as good as a great vampire squid wrapped around the face of humanity, business columns might suddenly seem so much more interesting. Alas, the world must turn to its music magazine writers, such as Matt Taibbi at Rolling Stone, for the really colourful stuff when it comes to describing financial titans such as Goldman Sachs. Mr Taibbi... used the flashy phrase when he took it to the Wall Street giant in a recent edition of "Rolling Stone". But much more shocking than Mr Taibbi's well-crafted paragraphs about Goldman Sachs engineering every great market event since the Great Depression, and running the US Government, was the reaction by the normally tight-lipped firm. Instead of ignoring an article that accused it of rigging the booms in internet stocks, oil prices and mortgage-backed bonds.... Goldman went running to Wall Street's favourite tabloid, the New York Post, to defend itself. "(Mr Taibbi's) story is an hysterical compilation of conspiracy theories," a furious Goldman spokesman, Lucas Van Praag, emailed the Post." [The rest of the article points out that Taibbi has a lot of facts on his side -- which may explain the reaction]

My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (http://www.facebook.com/jonjayray in full). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here

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The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)

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