Thursday, May 27, 2010

obama administration's private sector (aka real life) experience


8%. These hack politicians/bureaucrats have been working for the government their entire lives. the last 17 months are a testament to that. Obama has not net-created one private sector job since becoming president. but public sector employment has increased. are you surprised?



Sunday, May 23, 2010

only on paulitics.

we all love animals. there are literally millions of species in every size and shape that contribute to our ecosystem. what we dont understand in this whole green/environmental/peta-loving movement is natural selection and evolution. for the most mind-blowing fact of the week, did you know that 99.9% of all species that have lived on earth are now extinct? (http://mjperry.blogspot.com/2007/09/999-of-all-species-have-gone-extinct.html). the world has been around for 3.8 billion years. species have come and gone, just like humans, just like countries, just like businesses, just like everything in life. we should be embracing the natural progression of the planet. all the while, the UN is still hell-bent on man made global warming and extreme environmentalism. doesn't sound very "progressive" to me. everything ^ was just to give you prospective when you read this article:

the tides are turning: GOP takes House seat in obama's home district. first republican elected to congress (from hawaii) in 20 years.

aloha.

“This is a momentous day,” Djou told a jubilant crowd at state party headquarters. “We have sent a message to the United States Congress. We have sent a message to the ex-governors. We have sent a message to the national Democrats! We have sent a message to the machine.

“We have told them that we will not stand idly by as our great nation is overburdened by too much taxes, too much debt and too much wasteful spending.”

Djou is Hawaii's first GOP member of Congress since Pat Saiki, who represented the party from 1987 to 1991."

http://www.starbulletin.com/news/bulletin/94673904.html


*read*..classic case of gun control: chicago

mayor daly has been nuts for a while, dont be surprised by this. just remember, this is the mayor of one of the biggest cities in America. also the most corrupt political machine in the country. bar none. who else came out of the most politically corrupt machine in america?

Wednesday, May 19, 2010

for polarization

"This call to a high-minded spirit of compromise was utterly absent in the winter of 2009, when it seemed that the Democrats would carry all before them. When newly inaugurated Barack Obama airily spurned Republicans who objected to aspects of the stimulus bill with the reply “I won,” the Post did not pull its chin about the problem of polarization. Nor did the great stewards of bipartisanship turn a hair when Speaker Pelosi declared, during the health-care debate, that “a bill can be bipartisan without bipartisan votes.”

The
Post is expressing a slightly more refined version of the broaderliberal assault on conservative activism. In this construct, massive rallies for Barack Obama are a sign of hope and human progress, but massive rallies against Obama’s health-care plan are evidence of “fringe sentiments” (Gov. Jennifer Granholm) or “fear” (Rep. Steve Driehaus), or are “un-American” (Rep. Steny Hoyer). When Michael Moore asked, during the Bush administration, “Dude: Where’s My Country,” that was social commentary. When tea partiers say similar things, they are proto-fascists.

But the greater weakness in the liberal cant about meeting somewhere in the middle is this: The great domestic question of our time is whether we can restrain and even reverse the catastrophic expansion of government debt before it is too late. And until just yesterday, Republicans were AWOL. Or, to put it another way, they were just where the great conciliators of the
Washington Post claim they should be. They had abandoned limited government and were reconciled to tinkering with huge federal entitlements to make them slightly less bankrupting than they otherwise would be.

The advent of the Obama administration, with its pell-mell rush to transform us into Greece, is transforming the Republican party as well. Grassroots activists are reasserting the virtues of limitedgovernment, personal responsibility, and public accountability. Our best hope is that tea-party principles will prevail. Those are the very principles that can save us from Europe’s fate.

We’ve done what the
Post recommends. We met in the “middle.” It didn’t work out very well for Republicans or for America."

an end to heaven on earth?

"Aside from the passing of messianic environmentalism and European utopianism, we are also seeing the unraveling of Obama’s reset-button foreign policy, announced to such fanfare in January 2009. It was apparently predicated on the assumption that much of the tension in the world was caused by George W. Bush’s United States, and therefore could be ameliorated through apology, retrenchment, dialogue, public self-critique, and criticism of prior presidents.

So add it all up: the Al-Arabiya interview, the Cairo speech, the distancing from Israel, the euphemisms like “overseas contingency operations” and “man-caused disasters,” the politically correct banishment of any anti-terrorism phraseology associated with Islam, the repeated
announcements of the closing of Guantanamo and the trying of KSM in New York, the strange case of Attorney General Eric Holder, who can call his own fellow citizens “cowards” but not associate radical Islam with recent attempts by Muslims to kill those fellow citizens en masse — and we get Syria supplying terrorists with missiles, Iran ever closer to a bomb, and the largest number of terrorist attempts inside the U.S. over the past year than during any other twelve-month period since September 11, 2001.

Indeed, a trait of this administration is to speak far more harshly of fellow Americans than it does of our enemies: Arizonans vote to enforce federal immigration laws, so the administration offers them up to the Chinese as an example of American civil-liberties violations. In our morally equivalent world, a government that would enforce laws against those who entered the country illegally is not all that different from a government that not long ago killed more than 40 million of its own."

the wages of multiculturalism

"How strange that the president of Mexico, while a guest on the lawn of the White House, would attack the laws of a U.S. state, while his own country's immigration laws and policies in relation to Central America have never approached American tolerance. It is unimaginable that an American president would ever travel to Mexico City and lecture that nation and its president on its treatment of both aliens from Latin America and American tourists. But, as President Obama reminded us, "we are not defined by our borders" — although apparently a million Mexican nationals a year disagree and so risk everything to be on the north rather than the south side of a supposedly imaginary line. That is the truth that we dare not speak."

top scientist says global cooling is coming

can we get over this man-made global warming fraud? to think that our little cars and CO2 emissions have any remote effect on the power and force of nature is naive. climate change is a cycle and it always will be, no matter what actions we take.

"Contrary to the commonly held scientific conclusion that the Earth is getting warmer, Dr. Don Easterbrook, emeritus professor of geology at Western Washington University and author of more than 150 peer-reviewed papers, has unveiled evidence for his prediction that global cooling is coming soon.

“Rather than global warming at a rate of 1 F per decade, records of past natural cycles indicate there may be global cooling for the first few decades of the 21st century to about 2030,” said Easterbrook, speaking on a scientific panel discussion with other climatologists. This, he says, will likely be followed by “global warming from about 2030 to 2060,” which will then be followed by another cooling spell from 2060 to 2090."

http://www.foxnews.com/scitech/2010/05/19/global-cooling-scientists-warming/

video- obama: "we are not defined by our borders"

Monday, May 17, 2010

what exactly is "social justice"?

"Social justice is the complete economic equality of all members of society. While this may sound like a lofty objective, what it really means is that wealth should be collected by the government and evenly distributed to everyone. In short, social justice is communism. It is rooted in the Marxist idea that the money people make and the property they own do not rightfully belong to the people who make the money and own the property.
Karl Marx's ultimate criticism of capitalism is its recognition of private property. The reason private property is so evil, Marx contended, is that it is a function of economic class warfare. In other words, "the rich" use the concept of private property to oppress "the poor." In order to understand this convoluted thought process, Marx's view of money must be examined, since money is the means by which private property is acquired."



great article: in defense of 'making' money

"If you ask me to name the proudest distinction of Americans, I would choose--because it contains all the others--the fact that they were the people who created the phrase 'to make money.' No other language or nation had ever used these words before; men had always thought of wealth as a static quantity--to be seized, begged, inherited, shared, looted or obtained as a favor. Americans were the first to understand that wealth has to be created."

- Ayn Rand



why americans love the founding fathers.

"A Salon writer wonders, "What's the conservative fetish with the Founding Fathers?"

It's because we read history, my sadly ignorant friend. So did the Founders.

History is full of Obamas, and the people who idolized such power-hungry, self-glorifying narcissists. The Founders understood human history in their very bones because they readhistory -- from the Bible to the Roman Empire to bloody and tyrannical Europe to the Americas themselves. If you want to understand Obama, just look at any idolized hero in Latin America: Chávez, Fidel, Bolivar, Juan Perón. Look at European monarchs. Look at Napoleon.

They are all the famous Man on Horseback, the hero of the hour who instantly turns into a tyrant. Even today Latin America is bedeviled by its own Obamas, who all demand to be idolized and worshiped. Obamas are a dime a dozen."





"brighter days ahead"

"What makes the President think the economy will come roaring back with all he has done to kill it? He has quadrupled the current deficit, projected a doubling of the national debt by 2020, imposed healthcare burdens on businesses large and small, advanced burdensome cap and trade legislation, exposed businesses to additional tort risk (most recently through sections of the financial reform bill exposing businesses to further whistleblower charges), advanced union agendas in the workplace, and penciled in drastic tax hikes on savings and investment. All of these legislative initiatives are job killers, yet the President talks about brighter days ahead. Instead of bailing water out of the boat, he's filling it with bucketsful."

attorney general holder's see-no-evil approach to radical islam

this guy is the definition of hack.

obamacare: is the cure worse than the disease?

http://reason.com/archives/2010/05/14/the-cure-is-worse-than-the-dis

california and the crippling price of public employee unions

"It is galling for private sector workers to see so many public sector workers thriving because of the power their unions exercise. Take California. Investigative journalist Steve Malanga point out in the City Journal that California's schoolteachers are the nation's highest paid; its prison guards can make six-figure salaries; many state workers retire at 55 with pensions that are higher than the base pay they got most of their working lives. All this when California endures an unemployment rate steeper than the nation's. It will get worse. There's an exodus of firms that want to escape California's high taxes, stifling regulations, and recurring budget crises. When Cisco's CEO, John Chambers, says he will not build any more facilities in California, you know the state is in trouble."

Saturday, May 15, 2010

let it burn

"Often, one carefully articulated analogy can succinctly convey a very complex idea. In our case, that analogy is addiction. Over the past hundred years, we have slowly allowed a monstrous system of dependence to develop until nearly every citizen relies upon government money, and thus is an addict. This has come about because the hard logic of the Founders has been replaced by the seductive ease of emotional arguments. All too often, the debate is over not if government should do something, but what it should do. This almost imperceptible shift in our national philosophy is a manifestation of our addiction.

While the citizen-addict is hooked on government largesse, the politician-addict is hooked on something far more sinister: power. Their drug is available in Washington, D.C. Just as a dealer will go to any length to continue selling his wares, politicians will stop at nothing to retain their power. These two groups of addicts are locked in mutual co-dependence, where the politician-addict seeking re-election buys off the citizen-addict with more spending. Then the citizen-addict, seeking yet another free lunch from Washington, reelects the politician-addict. The result is endless, ever-expanding government programs and our current fiscal nightmare."

Wednesday, May 12, 2010

quote of the day.



"We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed (healthcare?), — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security."

-Declaration of Independence

Tuesday, May 11, 2010

too much regulation.

"In any case, the market was not free in the first place. The Federal Register of regulations was 2,620 pages (about two Bibles) in the middle of the New Deal. By 1992, it had 62,928 pages (about fifty Bibles).

By 2002, it had 80,332 pages, or another fourteen Bibles added in one decade. Federal spending on finance and banking regulation approximately doubled (in inflation-adjusted dollars) over the last twenty years.

...The American voters completed the transition of the U.S. from an entrepreneurial and freedom-loving state to a full-fledged sclerotic European welfare state, just in time to join the Europeans in their collective collapse. Congratulations."

the good articles keep on coming: the failure of the unfree market

"What we have here is the failure of the unfree market. That means the failure of Greece. And the other PIGS (Portugal, Italy, Greece, Spain). And Europe. And it means the U.S., too. It even includes the Great Recession. The modern welfare state is collapsing around us.

If you had believed in the 72-Year Rule, you would have seen this coming. The 72-Year Rule says the lifetime of any social order or governing paradigm is about 72 years. For example, how long was it from the adoption of our original Constitution (1789), which sanctioned slavery, to the Civil War (1861)? Call it 72 years. And from then until the New Deal in 1933? Another 72 years. How about from the Bolshevik Revolution (1917) to the fall of the Berlin Wall (1989)? That would be 72 years again.

"But," you say, "it was the free market that led to all this -- you know, unregulated credit default swaps and derivatives and such." No it wasn't. You have no idea what caused the financial meltdown. While government regulators are quick to say that lack of regulation was the culprit, too much regulation was likely the real culprit.

must read. cornel west and american radicalism

"Rarely has our country faced a more uncertain future under more troubling circumstances. We have been attacked by an enemy who is inspired by religious hatreds and is able to strike our homeland, something no adversary has been able to accomplish in modern times. Domestically, we are facing the greatest economic collapse in a generation, and our federal government is on its way to bankruptcy. Confronting these crises, we are led by the most inexperienced, radical, and divisive president in our nation’s history, a man who has appeased our enemies and attacked our allies abroad and has authorized a government expansion at home that will create more debt in the next four years than previous presidents have since our nation began.

Barack Obama’s radical measures have prompted others to focus on the political breakdowns that characterize his administration — the disdain for bipartisanship and traditional compromise, the disregard for constitutional process, and the blunt contempt for the will of the voters who elected him. But politics is a reflection of forces that are ultimately rooted in a society’s culture, the values and attitudes that shape its consciousness. These are the crucible of a nation’s achievements and its armor against adversarial threats. A people proud of its heritage will fight for its survival; a people guilty before history will not. Hence a nation’s fate is ultimately tied to the health of its culture. Underlying the present crisis is a breakdown of our culture that has been 50 years in the making and cannot be altered by an election or two."

unable to confront evil: moral equivalency and the left.

"This is but one more example of how leftism permeates the upper echelons of American (and Western) society and has people mouthing sentiments that those not of the Left regard as morally absurd.

A defining characteristic of the Left is its inability to identify — and therefore confront — evil: from Jesse Jackson’s and Dennis Kucinich’s expressions of support for Venezuela’s Hugo Chávez, to decades of leftists’ praising Fidel Castro, to the mainstream media’s denial of moral culpability for the arsonists, murderers, and rioters in Los Angeles after the Rodney King verdict (“Understanding the Rage” was the title of the Los Angeles Times’s daily special section devoted to the riots), to the universal liberal outrage at Pres. Ronald Reagan’s characterization of the Soviet Union as an “evil empire,” to the Left’s virtually unanimous hostility to Israel.

The Left’s inability to identify the religious beliefs of Islamic terrorists, its insistence on instead ascribing their murders to terrorists’ psychological tensions and economic problems, and its simultaneous certainty that conservative white Americans have only the most vile motives — these are all expressions of the Left’s failure to recognize and confront real evil."

***THE TIP OF THE ICEBERG***



"Tuesday's vote made Alan Mollohan the first House incumbent to lose his seat this year."

Throwing out Washington bureaucrats, one hack politician at a time..this is fantastic.

obama calling 'information' a threat to democracy?

"While knowledge is power, the information age could be too much of a good thing. That's the message some heard in President Obama's weekend commencement speech in which he bemoaned

Speaking at Hampton University in Virginia, the president raised alarms when he said "information becomes a distraction, a diversion" that is putting "pressure on our country and on our democracy."

AKA there is too much freedom of speech in America.

question: is there anything Obama likes about America? honest question.

http://www.foxnews.com/politics/2010/05/11/obama-swipes-media-questions-accuracy-content-environment/

CBO: obamacare will cost at least $115 billion more than advertised

surprised? don't be. remember that the CBO can only 'score' what is given to them. and this monstrosity of a health care bill was filled with very very very shady math.

http://gopleader.gov/News/DocumentSingle.aspx?DocumentID=185044

obama the polarizer

"In January, 2007 Barack Obama declared his candidacy for the presidency with these words:

It's not the magnitude of our problems that concerns me the most. It's the smallness of our politics. America's faced big problems before. But today, our leaders in Washington seem incapable of working together in a practical, common sense way. Politics has become so bitter and partisan, so gummed up by money and influence, that we can't tackle the big problems that demand solutions. And that's what we have to change first. We have to change our politics, and come together around our common interests and concerns as Americans.

Today, Gallup reports:

(Obama's) first-year ratings were the most polarized for a president in Gallup history, with an average 65-point gap between Republicans and Democrats. Obama's approval ratings have become slightly more polarized thus far in his second year in office, with an average 69-point gap between Democrats (83%) and Republicans (14%) since late January.

How did that happen? Why has Obama failed to do what he promised?

I think there are two big reasons..."

http://www.realclearpolitics.com/horseraceblog/2010/05/obama_the_polarizer.html

nightmare numbers in los angeles


"The city is chin-deep in California's trickle-down misery, and last week Richard Riordan, who was L.A. mayor from 1993 to 2001, coauthored with Alexander Rubalcava—an investment adviser—a Wall Street Journal column declaring the city's fiscal crisis "terminal." They say Villaraigosa should "face the fact" that "between now and 2014 the city will likely declare bankruptcy." Villaraigosa says that will not happen. But look what has happened.

Nationwide, government employees are most of what remains of "defined benefit" America. More than 80 percent of government workers have defined benefits—as opposed to defined-contribution—pension plans. Only about 20 percent of private-sector workers have defined-benefit plans. California's parlous condition owes much to burdensome health-care and pension promises negotiated with public employees' unions, promises that are suffocating the state's economic growth.

The nightmare numbers include the state's unemployment rate (12.6 percent)—it is higher than the nation's (9.9)—and the city's rate (13.5), which is higher than the state's. The city's long-term success depends on its schools, in many of which most of the children come from homes without fathers, and in some of which, Villaraigosa says, 40 percent of the children are in foster homes. He has little control over the school system and, anyway, unions oppose radical reforms. He would like to emulate the education reforms of former Florida governor Jeb Bush, a recent visitor to the mayor's residence, but, holding his fingers three inches apart to suggest the thickness of the standard contract with the teachers' union, Villaraigosa calls the union "the most powerful defender of the status quo."

http://www.newsweek.com/id/237640

must read. one of the best articles ive read in a while.



"It all seems so long ago now, as one contemplates President Obama’s plummeting approval ratings and a suddenly resurgent Republican Party. Yet it’s worth looking closely and seriously at the election-year enthusiasm of media elites and other Obamaphiles, much of which was indeed, as the wags recognized, quasi-religious. The surprising fact is that the American Left, for all its claims to being “reality-based” and secular, is often animated by the passions, motivations, and imagery that one normally associates with religion. The better we understand this religious impulse, the better we will understand liberal America’s likely trajectory in the years to come.

And this brings us to Barack Obama’s liberal support during the campaign, which was decidedly different from the regular media bias that conservatives often complain about. “I haven’t seen a politician get this kind of walk-on-water coverage since Colin Powell a dozen years ago flirted with making a run for the White House,” said Washington Post media critic Howard Kurtz on Meet the Press in February 2007, a day after Obama announced his candidacy. “I mean, it is amazing . . . a guy with all of two years’ experience in the United States Senate getting coverage that ranges from positive to glowing to even gushing.”

“Walk-on-water coverage” was exactly right, and though the media seldom framed their worship quite that explicitly, the exceptions were telling. Here’s San Francisco Chronicle columnist Mark Morford on June 6, 2008:

Many spiritually advanced people I know . . . identify Obama as a Lightworker, that rare kind of attuned being who has the ability to lead us not merely to new foreign policies or health care plans or whatnot, but who can actually help usher in a new way of being on the planet, of relating and connecting and engaging with this bizarre earthly experiment. These kinds of people actually help us evolve. They are philosophers and peacemakers of a very high order, and they speak not just to reason or emotion, but to the soul.

San Francisco, you shrug. Consider, then, what Samantha Fennell, formerly an associate publisher of Elle, wrote on the magazine’s website a month later:

Barack Obama must be elected President of the United States. . . . I have thrown myself into a new world—one in which fluffy chatter and frivolous praise are replaced by a get-to-the-point directness and disciple-like devotion. It’s intense and intoxicating. . . . When I attended my second “Obama Live” fund-raiser last week at New York City’s Grand Hyatt, . . . I was on my feet as Senator Obama entered the room. Fate had blessed me in this moment. . . . In a moment of divine intervention, he saw me,

. . . grabbed my hand, and gave that brilliant smile of his. I literally said out loud to the woman next to me who witnessed my good fate, “I’ll never wash this hand again.”

Fashion writers, you say. But here is Evan Thomas, a Newsweek editor, on the show Hardball with Chris Matthews last June:

Thomas. Reagan was all about America. He talked about it. Obama is, “We are above that now, we are not just parochial, we’re not just chauvinistic, we’re not just provincial, we stand for something.” I mean, in a way, Obama is standing above the country, above the world. He’s sort of GOD.

Matthews. Yeah.

Thomas. He’s going to bring all different sides together." (really??)

http://www.city-journal.org/2010/20_2_liberal-enthusiam.html


Monday, May 10, 2010

really good article: obama reaching the limits of engagement


"Obama, in his Cairo speech and throughout his first year in office, has rightly felt the need to cleanse the air of the arrogance and the folly of his predecessor. There is no more American moralizing or hectoring about freedom, no simplistic division of the world into good and evil. Instead of “with us or against us,” the key phrase in Obama’s foreign policy has been “mutual interest and mutual respect.” Rather than asserting America’s moral right to dominate, Obama has spent much of his term renewing American partnerships with countries like Russia, rebuilding multilateral institutions like the Nuclear Non-Proliferation Treaty, and trying to engage with hostile regimes like Iran."

http://www.newyorker.com/talk/comment/2010/05/17/100517taco_talk_packer

the welfare state's death spiral

"What we're seeing in Greece is the death spiral of the welfare state. This isn't Greece's problem alone, and that's why its crisis has rattled global stock markets and threatens economic recovery. Virtually every advanced nation, including the United States, faces the same prospect. Aging populations have been promised huge health and retirement benefits, which countries haven't fully covered with taxes. The reckoning has arrived in Greece, but it awaits most wealthy societies.

Americans dislike the term "welfare state" and substitute the bland word "entitlements." The vocabulary doesn't alter the reality. Countries cannot overspend and overborrow forever."


http://www.realclearpolitics.com/articles/2010/05/10/the_welfare_states_death_spiral_105503.html

student group disbanded after black-only field trip?

just imagine for one second that the student group was caucasian. al not so sharpton and jesse jackson would be up in arms demanding an investigation and this would be all over the mainstream media. double standards..

http://www.foxnews.com/us/2010/05/10/student-group-disbanded-blacks-field-trip/

senator inhofe to oppose supreme court nomination

“As with her nomination to serve as Solicitor General, I remain concerned about Elena Kagan’s record,” Inhofe said. “Now as a nominee to the Supreme Court, her lack of judicial experience and her interpretation of the Constitution also play an important role in my decision to once again oppose her nomination. The position for which she has been nominated has lifetime tenure, and it is concerning that the President has placed such trust in a nominee that has not been properly vetted through a judicial career, having worked mostly in academia and never before as a judge.

“While her service as the Dean of Harvard Law School is an impressive credential, decisions she made in that role demonstrated poor judgment. While there, she banned the U.S. military from recruiting on campus, an issue very important to me. She took the issue even further when she joined with other law school officials in a lawsuit to overturn the Solomon amendment, which was adopted by Congress to ensure that schools could not deny military recruiters access to college campuses. Claiming the Solomon Amendment was ‘immoral,’ she filed an amicus brief with the Supreme Court in Rumsfeld v. F.A.I.R opposing the Amendment. The Court unanimously ruled against her position and affirmed that the Solomon Amendment was constitutional."

http://inhofe.senate.gov/public/index.cfm?FuseAction=PressRoom.PressReleases&ContentRecord_id=838a23c8-802a-23ad-4026-e0c7020cdff5

poll: obama has lost nearly half of his jewish support

(think his nomination of elena kagan to the supreme court is related to this at all? um, yes.)

"In the Presidential elections of 2008, 78% of Jewish voters, or close to 8 out of 10, chose Obama. The McLaughlin poll held nearly 18 months later, in April 2010, appears to show that support down to around 4 out of 10.

The poll showed that key voter segments including Orthodox/Hassidic voters, Conservative voters, voters who have friends and family in Israel and those who have been to Israel, are all more likely to consider voting for someone other than Obama."


*VIDEO* az governor: president obama, nobody in arizona is laughing

chicagoland: one of obama's best friends under federal probe/investigation

E-mails and other records of Dr. Eric Whitaker -- one of President Obama's best friends -- have been subpoenaed by a federal grand jury, the Chicago Sun-Times has learned.

The investigation involves "faith-based initiatives" and health-awareness campaigns funded by the Illinois Department of Public Health when Whitaker ran the agency for former Gov. Rod Blagojevich, according to copies of subpoenas obtained under the state's Freedom of Information Act.

Obama has said he recommended Whitaker for that job, which Whitaker landed in April 2003. The president's friend resigned in October 2007 to join Obama's wife, Michelle, as an executive at the University of Chicago Medical Center."

http://www.suntimes.com/news/politics/obama/2250646,CST-NWS-whitaker09.article


study: babies know the difference between 'good' and 'evil' at 6 months


"Professor Paul Bloom, a psychologist at Yale University in Connecticut, whose department has studied morality in babies for years, said: 'A growing body of evidence suggests that humans do have a rudimentary moral sense from the very start of life.

'With the help of well designed experiments, you can see glimmers of moral thought, moral judgment and moral feeling even in the first year of life.


'Some sense of good and evil seems to be bred in the bones.'


http://www.dailymail.co.uk/news/article-1275574/Babies-know-difference-good-evil-months-study-reveals.html


Moodys: U.S. Debt Shock May Hit In 2018, Maybe As Soon As 2013


"In the wake of the financial crisis and recession, Moody's Investors Service has brought new transparency to its sovereign ratings analysis — so much so that 2018 lights up as the year the U.S. could be in line for a downgrade if Congressional Budget Office projections hold.

The key data point in Moody's view is the size of federal interest payments on the public debt as a percentage of tax revenue. For the U.S., debt service of 18%-20% of federal revenue is the outer limit of AAA-territory, Moody's managing director Pierre Cailleteau confirmed in an e-mail.

Under the Obama budget, interest would top 18% of revenue in 2018 and 20% in 2020, CBO projects.

But under more adverse scenarios than the CBO considered, including higher interest rates, Moody's projects that debt service could hit 22.4% of revenue by 2013."

http://www.investors.com/NewsAndAnalysis/Article.aspx?id=532490

california and greece.

"The least substantial line of alarm is Greece as fiscal harbinger. The US might not be Greece, say pessimists, but California could be. Here is a state so strapped for cash that it recently resorted to paying its workers with IOUs rather than money. (If that is not default, it is the next best thing.) Could California do for the US what Greece is doing for the EU?

Unlikely, is the answer. California is a bigger economy: in that sense its problem is on a larger scale. But its debts and deficits are puny compared with Greece’s. Other defences and safety-valves, notably lacking in Europe, are to hand: an activist federal government, a compliant central bank, a currency that cannot conceivably split apart.

The parallel should not be dismissed altogether. A country whose government borrows beyond its capacity must eventually pay the price. Greece does teach that lesson, in case anybody had forgotten it – and in the US, some have. But the greater worry for the US at the moment is not that Europe shows where it is heading but that secondary effects from Greece and any widening emergency will squash its fledgling recovery."

http://www.ft.com/cms/s/0/bb184e6a-5b9b-11df-85a3-00144feab49a.html