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B.O. snubs Netanyahu, dines alone
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-Lurid Crime Tales-
Jury Acquits Honor Student Of Gun Charge
An Army veteran and Dean's List student who was prosecuted over a legally-registered, unloaded gun was found not guilty by a San Francisco jury Wednesday.

Jury members deliberated just 45 minutes before acquitting San Francisco resident Wayne Lee Banks Jr., 26, of carrying a concealed firearm in a vehicle. The misdemeanor charge carries up to a year in jail.

Banks, who has no criminal convictions, was arrested Oct. 9, 2009 following a contested traffic stop at Kearny and Clay streets. Officers stated in the police report that they immediately saw a handgun in a belt holster propped up against the center console.

“Despite officers describing the gun as immediately visible to justify the detention, Mr. Banks was arrested for carrying a concealed weapon. You can't have it both ways. It's not a magic gun,' said his attorney, Deputy Public Defender Maria Lopez.

During the two day trial, Banks testified that he felt comfortable carrying a handgun for protection because of his Army training and understanding of gun laws. Even though firearms carried openly in belt holsters are not considered concealed according to California Penal Code, Banks testified that he took the already visible belt holster off his hip and placed it further up on the driver's seat against the armrest to ensure his unloaded gun was completely visible as he drove.

A sergeant and two officers from the San Francisco Police Department testified at the trial. Police also submitted photographs of Banks' gun partially wedged into the corner of his seat. During cross examination by Lopez, however, the sergeant admitted that the photographs were taken after he had handled the gun and placed it in that position.

“The testimony and photographs were not consistent with the initial police report and there was tampering with the evidence,' Lopez said. “The jury couldn't understand why this went to trial. Either a gun is concealed or it is not, and this gun clearly was not.'

Banks, a 4.0 student and track team member at San Francisco City College, plans to transfer to Morehouse College and feared a conviction could ruin his chances for financial aid and scholarships, Lopez said.

San Francisco Public Defender Jeff Adachi called the trial a waste of resources.

“Mr. Banks was extremely conscientious about following the laws surrounding gun ownership,' Adachi said. “Considering all the cases involving illegal weapons and gun violence, it's difficult to understand why time and money was spent prosecuting Mr. Banks.'
Posted by: Anonymoose || 03/26/2010 14:23 || Comments || Link || [4 views] Top|| File under:

#1  Even in San Francisco they can sometimes find a few sane people.
Posted by: Glenmore || 03/26/2010 15:28 Comments || Top||

#2  The trial was not a waste. The prosecutors and police delivered a message to gun owners everywhere. That's exactly what they wanted to do.

What are the odds that the police sergeant will be disciplined for submitting tampered evidence?
Posted by: Steve White || 03/26/2010 15:29 Comments || Top||

#3  "What are the odds that the police sergeant will be disciplined for submitting tampered evidence?"

Three chances, Steve: Fat, slim, and none. :-(
Posted by: Barbara Skolaut || 03/26/2010 16:12 Comments || Top||

#4  Despite officers describing the gun as immediately visible to justify the detention, Mr. Banks was arrested for carrying a concealed weapon.

I had an Opelika Alabama Cop try that on me, I asked him if he had any difficulty recognising it was a gun (Trap question, Open carry is legal) He said no, and I said then it wasn't concealed, he said it's concealed by the holster, and we repeated a few times until he realised the stupidity, after he apologised I told him I had a concealed cary permit anyway and he went away, shamed.
Posted by: Redneck Jim || 03/26/2010 19:50 Comments || Top||


Typing technique 'could trap paedophiles'
One-handed typing might be a giveaway.
Researchers believe technology could be used to determine a computer typist's age, sex and culture within 10 keystrokes by monitoring their speed and rhythm.

The murder of Ashleigh Hall, a teenager from Darlington, last year by a predator she met on Facebook has raised fresh calls for extra security to protect young people on the internet.

Professor Roy Maxion, associate professor at Newcastle University, has been carrying out the research in America.

Former Northumbria Police detective chief inspector Phil Butler believes the technology could be useful in tracking down online fraudsters and paedophiles. Mr Butler, who heads Newcastle University's Cybercrime and Computer Security department, said: ''Roy's research has the potential to be a fantastic tool to aid intelligence gathering for crime fighting agencies, in particular serious and organised crime and for those tracking down paedophiles.

''If children are talking to each other on Windows Live or MSN Messenger, we are looking at ways of providing the chat room moderators with the technology to be able to see whether an adult is on there by the way they type.''

Mr Butler said the technology could also be used to prevent convicted sex offenders committing further crimes.

He said: ''As part of a sexual offences prevention order, courts currently have the power to ban a sex offender from using a computer. With this technology the courts could force the offender to provide an example of their typing as a way of ensuring they don't use a computer."

Mr Butler said the university was planning to submit a proposal to the Engineering and Physical Sciences Research Council to fund further research. He said the technology could also be used to prevent fraud at devices such as cash machines.

He said: ''We'd like to look at various adaptations of the research for use in law enforcement, forensics and for companies trying to avoid fraud. We have also had interest from the private sector who are keen to see whether this technology can be used as an additional tool for identity verification, such as in online banking.''
Posted by: gorb || 03/26/2010 10:26 || Comments || Link || [5 views] Top|| File under:

#1  It's often said that back in Marconi wireless and Morse Code days, a good operator could recognize individual senders by how they hit the telegraph key.
Posted by: Mike || 03/26/2010 10:45 Comments || Top||

#2  And they have their police psychics, phrenologists, and haruspex, to read the entrails of civil liberties.
Posted by: Anonymoose || 03/26/2010 12:13 Comments || Top||

#3  Somehow I don't think this will work. A really smart kid is gonna have word choice and perhaps typing classes and might even go faster and smoother than and adult typist. A lot of adults hunt and peck still, and lastly how many are typing from their iPhones?

A better way (and what I suspect they are doing now) is to put FBI agents into the chat rooms and have them give off whatever info draws the Predators like flies. Or pass a law that convicted sex offenders are not allowed to access chatrooms known to be frequented by children and if they do their computer access will be revoked.
Posted by: rjschwarz || 03/26/2010 15:49 Comments || Top||

#4  Don't forget that your typing style may be subtly changed even by the keyboard being used. and lets not forget if you are 'multitasking' (or would that be 'multichatting'?).

Add to that the the varying apparent speed of the computer due to it multitasking. "Oh look - my Virus scan just started. - I just lost 20 years off my age!"
Posted by: CrazyFool || 03/26/2010 19:07 Comments || Top||


Pommie CSI Update: Kidnapped man's thumb dropped in carpark by bird
This has even more bizzare detail on the story reported the other day.
THE thumb of a kidnap victim feared dead was found in a car park - after being dropped from above by a bird, The Sun reported today

A bored security guard played soccer with the digit believing it was a discarded chicken drumstick -- until he saw the fingernail. He reeled in horror and alerted cops who carried out forensic tests and found the severed thumb belonged to takeout restaurant worker Mahmood Ahmad, 41.

The married dad-of-two was snatched from outside his home in Watford, northwest of London, at 1.30am local time (GMT) on March 7. Three days later, his cleanly severed thumb dropped from the sky in Ilford, eastern London.

A security guard said overnight, "There's video of it falling in the middle of the car park. There's no way it could've been thrown. The guy who found it thought it was a chicken drumstick until he turned it over and saw the nail. It was a thumb and part of a hand."

One cop said, "The only plausible explanation is a bird found it and dropped it from its beak while flying over the area." The winged culprit was likely a scavenging bird like a seagull or crow.

Meanwhile, police overnight released CCTV of Ahmad leaving work in Aldgate, eastern London, on the night he vanished. It is thought his kidnappers tailed his car home. Three men aged 36, 33, and 18, and a youth of 17, were charged with kidnapping.
Posted by: phil_b || 03/26/2010 05:52 || Comments || Link || [5 views] Top|| File under:


-Obits-
Navy World War II plane found near Oregon coast
Posted by: BrerRabbit || 03/26/2010 10:56 || Comments || Link || [7 views] Top|| File under:

#1  IIRC the late GUAM PDN EDITOR EMERITUS JOE MURPHY flew the Heldiver [tailgunner?] during the closing days of WW2 in the Pacific, whilst former POTUS Dubya's dad BUSH 1 flew the AVENGER.
Posted by: JosephMendiola || 03/26/2010 22:00 Comments || Top||


-Short Attention Span Theater-
Police Assist Werewolf and C.H.U.D. Hunter
Police have detained a man they say was waving a large sword around and stabbing objects in the parking lot of a Bainbridge Island building supply store.

The shirtless 35-year-old man was covered with scrapes and cuts. He told the off-duty Bainbridge Island police officer who approached him Tuesday afternoon that he was "hunting werewolves and chuds" who could disguise themselves as humans. The man said he feared getting hurt.

The man put down his sword and throwing knives at the officer's request and was taken to Harrison Memorial Hospital for evaluation.
Continued on Page 49
Posted by: Anonymoose || 03/26/2010 16:59 || Comments || Link || [8 views] Top|| File under:

#1  Used to live on Bainbridge. Chuds always were a problem.
Posted by: Mercutio || 03/26/2010 20:31 Comments || Top||


Video: Dog Eats Police Car
Officer Clayton Holmes said he had stopped to work on a report when he felt his car shaking. He got out to investigate and what he found was a bulldog chewing on his patrol car. The dog chewed two tires and the entire front bumper off of the car."
Posted by: KBK || 03/26/2010 16:40 || Comments || Link || [5 views] Top|| File under:

#1  Now that is one of the damndest things I've every seen. One of the dogs looks like a mixed breed pit bull and the other one looks like a full blood pit bull. They hang on and will not, I say will not let go. I have a small Mountain Cur. They are used for hunting in Tennessee. I have seen them climb up into a tree. A man once told me is I had six or eight Mountain Curs, I'd have myself a barr (bear). A Mountain Feist is a similiar dog.
Posted by: JohnQC || 03/26/2010 17:06 Comments || Top||

#2  I guess that answers the question, "what is he gonna do when he catches it".
Posted by: abu do you love || 03/26/2010 19:31 Comments || Top||

#3  Car-Tire aromatic scent(s)???
Posted by: JosephMendiola || 03/26/2010 20:47 Comments || Top||


Police: Man tried to revive dead possum; alcohol involved
Police said a man will be charged with public drunkenness after several witnesses saw him attempting to resuscitate a road-killed opossum.

State police said they charged Donald Wolfe, 55, of Brookville, Jefferson County, after they arrived at the scene on Route 36 in Oliver Township around 3 p.m. Thursday. A news release from police does not state how he was trying to revive the opossum.
We probably don't want to know.

Opossums have migrated into the Lubbock area during the last few years. I nearly stepped on one of the disgusting rat-tailed varmints while I was taking the trash out the other night. It was literally playing possum, sprawled out on the ground watching me with those beady little eyes. Whoever figured out that you could eat these critters must have been awfully damn hungry.
Posted by: Atomic Conspiracy || 03/26/2010 13:59 || Comments || Link || [6 views] Top|| File under:

#1 
Posted by: Atomic Conspiracy || 03/26/2010 14:31 Comments || Top||

#2  How many banjo players does it take to eat a possum?

Two, one to watch for traffic.
Posted by: KBK || 03/26/2010 15:58 Comments || Top||

#3  My children are hungry, my dog needs a bone.
I'm out of a job now, so I'm just drivin' home.
An hour after sundown, when what to my delight,
There's five pounds of possum in my headlights tonight.

cho: There's five pounds of possum in my headlights tonight.
If I can just run him over, every thing will be all right.
We'll have some possum gravy, oh what a beautiful sight;
There's five pounds of possum in my headlights tonight.

Won't have to clean no chicken, won't have to open no cans.
Just a little bit closer, and I'll have him in my hands.
I think the time has come now, to go from "dim" to "bright."
There's five pounds of possum in my headlights tonight.
Posted by: KBK || 03/26/2010 16:09 Comments || Top||

#4  Why did the chicken cross the road?

To prove to the possum it could be done.


Thankew, thankew - I'll be here interminably all week. Try the veal. :-D
Posted by: Barbara Skolaut || 03/26/2010 16:16 Comments || Top||

#5  I've eaten it. Not too bad. I prefer Armadillo though.
Posted by: john frum || 03/26/2010 16:21 Comments || Top||

#6  And no, it does not taste like chicken
Posted by: john frum || 03/26/2010 16:22 Comments || Top||

#7  Update from CBS News (so you know it's true)

Police: Drunk Pa. Man Tried To Revive Dead Opossum

PUNXSUTAWNEY, Pa. (AP) - Police say they charged a Pennsylvania man with public drunkenness after he was seen trying to resuscitate a long-dead opossum along a highway. State police Trooper Jamie Levier says several witnesses saw 55-year-old Donald Wolfe, of Brookville, near the animal Thursday along Route 36 in Oliver Township, about 65 miles northeast of Pittsburgh. The trooper says one person saw Wolfe kneeling before the animal and gesturing as though he were conducting a seance.
He says another saw Wolfe attempting to give mouth-to-mouth resuscitation. Levier says the animal already had been dead a while. The Associated Press could not locate a home telephone number for Wolfe. (emphasis added)


Reminds me of the time I found a local street preacher mumbling and gesticulating in my parking lot. He was trying to cast out a visitor's Dodge Demon. I told him we would just have it towed if it caused any problems.
Posted by: Atomic Conspiracy || 03/26/2010 17:00 Comments || Top||

#8  He had better be careful, because unless he says "Klaatu Barada Nikto" just right, he might create himself a zombie possum. And nobody wants that.
Posted by: Anonymoose || 03/26/2010 17:27 Comments || Top||

#9  If there is no one to claim this `cat`, there is always other possibilities:
Posted by: BigEd || 03/26/2010 17:37 Comments || Top||

#10  personally, i find possums to be kind of cute. we had one that used to come up on the porch one winter. it tamed down and became a pseudo pet. they have pretty amazing feet. opposable thumbs on all four. the tails have soft hair on them and feel pretty bizarre.
Posted by: abu do you love || 03/26/2010 19:39 Comments || Top||

#11  A few years ago I lived in the woods (I Own 10 Acres) and we had Possums, Deer, Coons and Bobcats peacefuly dining alongside my cats outside.
(Some of my Kitens were quite large, made wonderful housecats) 15 pounds of lovable Tomcats. Unsure of their parentage. maybe half Bobcat.(No ear tufts)
Posted by: Redneck Jim || 03/26/2010 20:00 Comments || Top||


-Signs, Portents, and the Weather-
New NASA Spacecraft Discovers Hundreds of Asteroids ... Every Day !
Posted by: 3dc || 03/26/2010 15:33 || Comments || Link || [5 views] Top|| File under:

#1  There's gold in them thar asteroids. Literally. As well as a lot of other highly valuable platinum group metals. In future, it might be very worthwhile to send up a "catcher's mitt", that would slowly alter the course of a near Earth asteroid, to put it into a Lunar orbit, where it could be mined.
Posted by: Anonymoose || 03/26/2010 17:23 Comments || Top||

#2  The FUTURE OWG-NWO + CWO-SWO GLOBAL POLITBURO = EARTH FEDERATION OF PLANETS/STARFLEET have between 2010-2029/2036 to perfect its PERT MATH-CALCS + FIREPOWER, ETC, AGZ COMET APOPHIS + RELATED RUSSIAN-DISCOVERED SPACE ROCKS.

Guam's "KAMALEN" + APOPHIS are by themselves NOT big rocks > BUT-T-T, IMPACT IN THE RIGHT SPOT + WITH RIGHT MAGNITUDE OF FORCE

To wit,

* KAMALEN > destabilize GUAM = GUAM-MARIANAS UNDERWATER GEOLOGY.

* APOHIS > destabilize the MOON'S ORBIT, INDUCING THE MOON TO HEAD BACK TOWARDS EARTH INSTEAD OF PRESENT MOVING AWAY FROM EARTH; + SEND MOON ROCK PIECES TOWARDS EARTH.

JUGGERNAUT Theory.

Lest we fergit,

* So-called NIBIRU = PLANET X

* 1990's SHOEMAKER -LEVY NINE JUPITER IMPACT > Impacts massive enough to be observed from Earth are powerful enough to send JUPITER ROCK DEBRIS FROM SAME INTO ORBIT + [eventually] INTO DEEP SPACE INCLUDING, BUT NOT LIMITED TO, TOWARDS EARTH.

THE ABOVE + TO COME ARE EXCLUSIVE OF THE SUN REFUSING TO SURRENDER LIKE FRANCE TO EARTH OWG-NWO ALA "GLOBAL/PLANETARY-SYSTEM WARMING".

Iff the future OWG-NWO which no American = Amerikan, Mighty OWG USSA - Weak OWG USRA SSR, AKA ECON, GEOPOL TRUBLED USA IN DECADES-LONG NATIONAL-GLOBAL RECESSION, DEPRESSION, ETC. Voted for can't work together to save the earth from SMALL ROCKS [natural events], WHAT MAKES THE OWG-NWO THINK IT CAN SAVE FROM BIG B-I-G BBBBBBIIIIIIIIIGGGGGG ROCKS [Events + Other thingys]???

GOOD THING THE OWG-NWO HAD MADONNA FANS FROM GUAM TO BUILD = HELP BUILD ITS SUPERWEAPONS.

D *** NG IT, UNLIKE OWG "PAULA DELILAH/BATHSHEBA ABDUL", OWG MADONNA + SIBLINGS LIKE THEIR DADDY'S BANANA, FRUIT TREES!

But I digress ....
Posted by: JosephMendiola || 03/26/2010 21:16 Comments || Top||


Arabia
Dubai commits $9.5 bln to troubled Dubai World
[Al Arabiya Latest] The Dubai government unveiled plans to recapitalize its indebted Dubai World flagship and repay Nakheel bonds in full, injecting what it said was $9.5 billion in new funding, but without new aid from Abu Dhabi.

"This will be funded by $5.7 billion remaining from the loan previously made available from the Government of Abu Dhabi and from internal Dubai Government resources," according to a government statement."
Posted by: Fred || 03/26/2010 00:00 || Comments || Link || [5 views] Top|| File under:


Caribbean-Latin America
El Jefe sez "Viva Obamacare!"
HAVANA (AP) -- It perhaps was not the endorsement President Barack Obama and the Democrats in Congress were looking for.
Well...not publicly.
Cuban revolutionary leader Fidel Castro on Thursday declared passage of American health care reform "a miracle" and a major victory for Obama's presidency, but couldn't help chide the United States for taking so long to enact what communist Cuba achieved decades ago. "We consider health reform to have been an important battle and a success of his (Obama's) government," Castro wrote in an essay published in state media, adding that it would strengthen the president's hand against lobbyists and "mercenaries."

But the Cuban leader also used the lengthy piece to criticize the American president for his lack of leadership on climate change and immigration reform, and for his decision to send more troops to Afghanistan, among many other things. And he said it was remarkable that the most powerful country on earth took more than two centuries from its founding to approve something as basic as health benefits for all.

"It is really incredible that 234 years after the Declaration of Independence ... the government of that country has approved medical attention for the majority of its citizens, something that Cuba was able to do half a century ago," Castro wrote.
...and a bang up job they did on you a few years back, eh, El Commandante?
The longtime Cuban leader -- who ceded power to his brother Raul in 2008 -- has continued to pronounce his thoughts on world issues though frequent essays, titled "Reflections," which are published in state newspapers.

Cuba provides free health care and education to all its citizens, and heavily subsidizes food, housing, utilities and transportation, policies that have earned it global praise. The government has warned that some of those benefits are no longer sustainable given Cuba's ever-struggling economy, though it has so far not made major changes.

In recent speeches, Raul Castro has singled out medicine as an area where the government needs to be spending less, but he has not elaborated.
Yeah. It's a surprise.
While Fidel Castro was initially positive about Obama, his essays have become increasingly hostile in recent months as relations between Cuba and the United States have soured. Washington has been increasingly alarmed by Cuba's treatment of political dissidents -- one of whom died in February after a long hunger strike.
Oh, yeah. I remember reading about that in...in...in...I think I saw it on...on...well, maybe not.
Cuba was irate over the island's inclusion earlier this year on a list of countries Washington considers to be state sponsors of terrorism. Tensions have also risen following the arrest in December of a U.S. government contractor that Havana accuses of spying.

In Thursday's essay, Castro called Obama a "fanatic believer in capitalist imperialism" but also praised him as "unquestionably intelligent. I hope that the stupid things he sometimes says about Cuba don't cloud over that intelligence," he said.
A compliment from The Man Himself. Bet Barry's sporting the wood today...
Posted by: tu3031 || 03/26/2010 13:09 || Comments || Link || [5 views] Top|| File under:


Mexico preparing for medical tourists, just like the U.S. used to get from Canada
Posted by: trailing wife on the other computer || 03/26/2010 09:22 || Comments || Link || [12 views] Top|| File under:

#1  You might have to dodge bullets from the on-going narco-terrorists along the border to get to your Mexican doctor. It is very telling that Fidel Castro thinks the passing of ObamaCare was a great accomplishment--another reason to run from it as fast as we can. If Cuba is a socialist/communist paradise, it looks a lot like hell.
Posted by: JohnQC || 03/26/2010 12:32 Comments || Top||

#2  on-going narco-terrorists gunfights
Posted by: JohnQC || 03/26/2010 12:34 Comments || Top||

#3  American money will flow to off-shore healthcare havens in such large armies that the havens will be able to afford their own private armies.
Posted by: Gloter Forkbeard2645 || 03/26/2010 12:40 Comments || Top||

#4  Scratch that - Replace with: American money will flow to offshore healthcare havens in such large AMOUNTS, that the havens will be able to afford their own private armies.
Posted by: Gloter Forkbeard2645 || 03/26/2010 12:42 Comments || Top||

#5  Nothing personal, but I've never been desperate enough to go to Mexico for medical treatment.

Costa Rica, however....
Posted by: Barbara Skolaut || 03/26/2010 13:30 Comments || Top||

#6  I should think some places like Grand Cayman or Aruba might want to set up top tier medical facilities for the wealthy ill.
Posted by: Glenmore || 03/26/2010 18:07 Comments || Top||

#7  Big time medical facilities in Aruba might make for a too-tempting target for the dictator Chavez.
Posted by: eLarson || 03/26/2010 22:28 Comments || Top||

#8  Or the Dictator Obama....
Posted by: CrazyFool || 03/26/2010 23:44 Comments || Top||


China-Japan-Koreas
China is Serious About Propaganda
If you thought corporate "astroturfing" (fake grassroots activity) was a problem at sites like Yelp and Amazon that feature user reviews of products, imagine how much worse it would be if the US government employed a couple hundred thousand people to "shape the debate" among online political forums. Crazy, right? What government would ever attempt it?

According to noted China researcher Rebecca MacKinnon, the answer is China, which allegedly employs 280,000 people to troll the Internet and make the government look good.

MacKinnon's discussion of Chinese astroturfing measures turns up in testimony that she prepared from a Congressional hearing this month.
What was it, a tutorial?
Posted by: Anonymoose || 03/26/2010 19:29 || Comments || Link || [7 views] Top|| File under:


Inside China's Nuclear Fortress
Posted by: Anonymoose || 03/26/2010 00:00 || Comments || Link || [6 views] Top|| File under:

#1  I'm presuming the Artic is referring to CHINA'S MILBASES IN ITS DEEP INTERIOR, RIVERINE ANDOR IN UNDERGROUND MOUNTAINS.......???

IMO aka "SINK THE TIRPITZ" [Norway fjords] + "THE GORGE-BUSTERS", ETC. FUTURE OWG-NWO COMMANDO FLICKIES.

Now on BLACKBERRY + TWITTER as the MSM-Net says your Private, Public PERSONAL COMPUTERS = PCS is slowly becom obsolete + surrendering like France to same???
Posted by: JosephMendiola || 03/26/2010 0:51 Comments || Top||


Economy
AT&T sees $1 billion healthcare related charge
AT&T's charge appeared to be the largest in a series of charges announced by U.S. companies this week.

The operator, whose annual revenue is expected to be $124.1 billion this year, said the charge is the result of a provision in the law related to the tax treatment of Medicare subsidies. As a result of the legislation, the company, which ended 2009 with 282,000 employees, said it will be evaluating prospective changes to the health care benefits it offers to employees at retirees.
Is this one of those "unexpected" developments we hear so much about these days?
Right next to the 'unexpected' increases in the unemployment rate and the 'surprising' drop in median home prices.
Posted by: Matt || 03/26/2010 17:09 || Comments || Link || [10 views] Top|| File under:

#1  According to reports, Verizon Communications (VZ.N), the second biggest U.S. phone company, told employees that tax burdens under the new law would likely filter down to employees.

Ya don't say?
Posted by: Besoeker || 03/26/2010 17:41 Comments || Top||

#2  A concerted effort to destroy the American economy and re-distribute the wealth and make us a $hit hole dictatorship like Chavez's paradise.
Posted by: JohnQC || 03/26/2010 18:50 Comments || Top||

#3  Can't be true. Obama promised that if we liked our health care plans we could keep them! He wouldn't have lied to us, would he?

And BTW, JohnQC, the redistribution of wealth thing is exactly what the NY Slimes and Senator Baucus of Montana said was the goal of this $hit $andwich all along today.....
Posted by: Cornsilk Blondie || 03/26/2010 19:18 Comments || Top||

#4  Geez, this is really serious!

Who could have possibly seen this coming?

/do I really need to?
Posted by: Barbara Skolaut || 03/26/2010 22:48 Comments || Top||


Europe
Deal reached on financial aid to Greece
[Iran Press TV Latest] While the European Union member states meet in Brussels, France and Germany have reached a deal on a financing plan to help debt-ridden Greece.

Officials in Brussels say the aid package, which includes help from the International Monetary Fund, will total EUR 23 billion.

"The plan meets our requirements fully ... we agree," Greek government spokesperson George Petalotis told reporters in Brussels on Thursday.

When asked if all euro zone countries were ready to sign up to the agreement, Petalotis said, "Yes, they have agreed."

News of the deal broke as leaders of the 27-member block have gathered for a two-day summit in Brussels.

So far, the euro zone has avoided seeking an IMF loan for Greece as it prefers a European solution to the problem in order to maintain global confidence in the euro. Greece has one of the highest budget deficits in Europe.
Posted by: Fred || 03/26/2010 00:00 || Comments || Link || [5 views] Top|| File under:

#1  23 billion? Is it anything more than just symbolic?
Posted by: g(r)omgoru || 03/26/2010 3:39 Comments || Top||

#2  "We're going to Greece!"
"And swim the English channel?"
"No, no - to ancient Greece, where burning Sappho lived and loved and drank the wine-dark sea, in the temple by the moonlight, la-de-doo-da..."
-- The Further Adventures of Nick Danger, Third Eye
Posted by: mojo || 03/26/2010 12:10 Comments || Top||

#3  23,000,000,000 euros is a big chunk for a country with only 11,000,000 people.
Posted by: rwv || 03/26/2010 13:08 Comments || Top||

#4  So, how long until it's all gone?
Posted by: g(r)omgoru || 03/26/2010 14:47 Comments || Top||

#5  So, how long until it's all gone?

Depends on the level of graft, I'd give it a week or two.
Posted by: Redneck Jim || 03/26/2010 19:42 Comments || Top||


Great White North
Canucki moonbat profs reject scholarships for war orphans
A scholarship program for the children of dead soldiers is raising questions among some professors at the University of Regina.
The chief question is "just how low can these parasites and leeches go?"
They say they're concerned about Project Hero, a program that pays the tuition of students who have had a parent die while on military duty for Canada. More than 80 universities and colleges in Canada have committed to the project, which pays for four years of tuition, plus $1,000 for books.

U of R president Vianne Timmons announced two weeks ago the university would provide the scholarship, but that has led to a campus controversy. Sixteen professors have signed a letter to Timmons stating the program glorifies military action and they don't want their school to be part of it.

Among those with concerns is Jeffrey Webber, who teaches political science and who says the name of the program celebrates military intervention abroad.

"We think this is a glorification of the Afghan effort," he said.
Excuse me, asshole, this is not about your perception of political symbolism and the dialectic of imperialism or whatever. It is about children, about 200 of them so far, who have lost a parent through no fault of their own, but through deliberate acts of public policy.

Webber said it's not that they are against helping the children of the Canadian military.

"Why stop at the question of dependents of Canadian Forces personnel? There's all kinds of people who are killed in workplace accidents," he said.
Equate a combat death with a "workplace accident?" Are you against free tuition for children of Paleos who lose their lives because of that red/green wire confusion thing? I doubt it.
As an alternative to the program, the group says there should be universal access to post-secondary education.

The program was started about a year ago by Toronto businessman Kevin Reed and retired general Rick Hillier.

"We just thought it was the right thing to do for these men and women in uniform," said Reed, who's an honorary lieutenant-colonel of the military's Canadian Brigade Group service units.

Reed said he's never heard of any kind of protest associated with the program.
These are the 16 profs who signed the petition:
Joyce Green, Department of Political Science
J.F. Conway, Department of Sociology and Social Studies
George Buri, Department of History
Emily Eaton, Department of Geography
Jeffery R. Webber, Department of Political Science
David Webster, International Studies
Annette Desmarais, International Studies
Darlene Juschka, Women's and Gender Studies and Religious Studies
Meredith Rogers Cherland, Faculty of Education
Garson Hunter, Social Work
John W. Warnock, Department of Sociology and Social Studies
William Arnal, Department of Religious Studies
Leesa Streifler, Department of Visual Arts
Carol Schick, Faculty of Education
Ken Montgomery, Faculty of Education
André Magnan, Department of Sociology and Social Studies

Note that not one of these sanctimonious ani is from the classics, business, engineering, or the hard sciences. Only one is from history, another from geography. The rest are from free-roaming "disciplines" that are little more than sinecures and propaganda platforms for the otherwise useless drones and lefty infiltrators who have hijacked western academia over the past 50 years.
Posted by: Atomic Conspiracy || 03/26/2010 01:00 || Comments || Link || [12 views] Top|| File under:

#1  JUST IN!

I thought I was picking up a familiar stench from this rhetoric. Sure enough, this Webber anus is an outright communist and Chavista lackey.

This is from one of his lectures:

After the debt crisis of the 1980s and the parallel right-wing neoliberal assault across Latin America, roughly the last decade witnessed resurgence in leftist movements and governments in the region, says Webber. As imperial wars advanced in other areas of the world, Latin America served as a beacon of hope, a site of resistance.

"Latin American peasant, worker and indigenous radicalism placed revolution back in the vocabulary of leftists across the planet. At the same time, centre-left regimes assumed power in Argentina, Chile, Uruguay, Brazil, and elsewhere, only to perpetuate the neoliberal capitalist projects that preceded them. The possibilities and limitations of the Hugo Chávez and Evo Morales governments in Venezuela and Bolivia respectively are raising fundamental questions concerning the plausibility and character of advancing a twenty-first-century socialism against the ravages of global capitalism," he says.


This is from his blurb at the UR website:

Jeffery R. Webber began teaching at the University of Regina in the Fall of 2009. He spent the last several years splitting time between Canada, Europe, and various countries in Latin America. His main focus has been Bolivia, but he is now expanding his research into the rest of the Latin America. A revised version of his doctoral dissertation will be published as Red October: Left-Indigenous Struggles in Modern Bolivia (Brill Academic Publishers, 2010). In addition, he is currently at work on four major projects: a new book manuscript, Rebellion to Reform in Bolivia: Indigenous Liberation and Class Struggle under Evo Morales (Haymarket Books, 2010); a collective volume on the new Latin American Left, co-edited with historian Barry Carr (Rowman and Littlefield, 2010); a Spanish-to-English translation of Stefan Gandler's major text, Marxismo Crítico en México, or, Critical Marxism in Mexico; and, finally, early research preparations for an eventual book manuscript, Canada in the Americas: Imperialism and Resistance in the Age of Neoliberalism, to be co-authored with Todd Gordon. Webber is also an active member on the editorial boards of Historical Materialism, Latin American Perspectives, and New Socialist.


Posted by: Atomic Conspiracy || 03/26/2010 1:41 Comments || Top||

#2  Mods, please remove vowel movements above.
I strongly suspect we're being used to transmit coded messages.
Posted by: Redneck Jim || 03/26/2010 6:28 Comments || Top||

#3  Yesterday I read about the U of R professors' letter arguing against scholarships for Canadian soldiers' dependents. Found the link to it on Kate Macmillan's site, smalldeadanimals dot com.

I decided to express my displeasure to those profs by sending them all emails. Sent an email to every last one of them. I was quite surprised to get three replies (so far) with somewhat "interesting" content. The reply from professor Hunter was an automatic reply stating that the referenced professor was on sabbatical and hence not available. The second reply, from Professor Meredith Cherland, was similar but stating that the professor was on sabbatical until June 30, 2010. The third reply, from Leesa Streifler, insisted that her name had been placed on the list without her knowledge and that she had contacted the organizer (referred to as "he") of the letter to have her name removed and, in a second reply, continued on to say that there is no need for me to research this any further as her name has been removed from the list.

Here is her exact quote copied and pasted "Dear Canuckistan sniper (I just put that in now), Thank you for your reply. It is not necessary for you to do extra research on this, as I have spoken to the organizer and he has taken my name off the list, and it has been resolved to my satisfaction. I know that this has been a distressing and hurtful situation and I hope that it doesn't continue to cause you any more discomfort.
Sincerely,
L. Streifler


Now I'm wondering exactly how many of those 16 professors actually signed the letter or actually gave their permission for their name to be used.
Posted by: Canuckistan sniper || 03/26/2010 11:25 Comments || Top||

#4  Good job, Sniper! I read this last night and had the same reservations. It reminds me of our own Two-year-old-in-Chief who refused to wear the American flag pin because he didn't agree with our involvement in the Iraq war. AKA Teh Great Uniter.
Posted by: Gomez Threter7450 || 03/26/2010 11:35 Comments || Top||

#5  I am a bit reluctant to admit this here but I am a professor (in Chemistry)...I just want Rantburgers to know that although academia is overflowing with left wing hacks, not all professors are leftists. Some of us actually believe in freedom and responsibility and openly challenge socialist drivel, even in the hallowed ivory tower. And yes, some of us even respect our brave men and women in uniform, openly support them, and are most greatful for our freedom which they have paid for and continue to pay for. And yes, some even support scholarships for those they leave behind. Count me as one academic who opposes those in U Regina.
Posted by: Chemist || 03/26/2010 15:22 Comments || Top||

#6  Not to worry, Chemist.

You're an actual scientist, not one of those loony useless leeches social "scientists."
Posted by: Barbara Skolaut || 03/26/2010 16:22 Comments || Top||

#7  We love Chemists here. They know how to make stuff go BOOM!
Posted by: Deacon Blues || 03/26/2010 18:20 Comments || Top||

#8  No worries, Chemist dear. You'd probably be surprised at how many fellow Rantburgers are also academicians, and not all in the hard sciences. The ability to think clearly is scattered throughout the population.
Posted by: trailing wife on the other computer || 03/26/2010 19:47 Comments || Top||


Home Front: Politix
EPA: More Industry Sectors to Report Greenhouse gas emmissions
Remember the notice of proposed rule making I posted quite a while ago about monitoring big CO2 emitters? Well, that is now in place. Major policy decisions are now being delegated by Congress into regulations by agencies with little accountability. If you cannot get it through the front door, get it through the back door. Your Federal Government at work.
The EPA on Tuesday, March 23, 2010, announced a proposal to include additional emissions sources in its national mandatory greenhouse gas (GHG) reporting system. Whereas the first rule focused on mostly large emitters of CO2, the second round will focus more heavily on other GHGs like methane and fluorinated gas.

In addition to the 31 industries required by the agency's October 2009 decision to monitor their GHG emissions, the agency is now proposing to collect emissions data from the oil and natural gas sector, industries that emit fluorinated gases, and from facilities that inject and store CO2 underground for the purposes of geologic sequestration, or enhanced oil and gas recovery.

Under these proposals, newly covered sources would begin collecting emissions data on Jan. 1, 2011, with the first annual reports submitted to the agency on March 31, 2012.

The agency noted that the data will be made public, so that businesses can track their own emissions against similar facilities. While the agency noted this as an opportunity to define best practices, the effect also could be to provide a green marketing edge for like companies with lower emissions. The EPA is also proposing to require all facilities in the reporting system, including those just proposed, to provide information on their corporate ownership.

According to the EPA, methane is the primary GHG emitted from oil and natural gas systems and is more than 20 times as potent as CO2 at warming the atmosphere, while fluorinated gases are even stronger and can stay in the atmosphere for thousands of years.

The agency noted in its press release that data collected from facilities underground injection/sequestration facilities could lead to a federal monitoring strategy for detecting potential emissions to the atmosphere.

"Gathering this information is the first step toward reducing greenhouse emissions and fostering innovative technologies for the clean energy future," said EPA Administrator Lisa P. Jackson. "It's especially important to track potent gases like methane, which traps more than 20 times as much heat as carbon and accelerates climate change. Once we know where we must act, American innovators and entrepreneurs can develop new technologies to protect our atmosphere and fight climate change."
As if anyone is going to invest money in today's business climate under the present administration.
These proposals will be open for public comment for 60 days after publication in the Federal Register. The agency also will hold public hearings on these proposals on April 19, 2010 in Arlington, Va. and April 20, 2010 in Washington, D.C.
Posted by: Alaska Paul || 03/26/2010 13:51 || Comments || Link || [5 views] Top|| File under:

#1  Wait till they ban carbonated beverages ... and beans.
Posted by: DMFD || 03/26/2010 19:45 Comments || Top||


Rates rise after weak auction results
Who knows. Maybe we won't be able to sell off debt anymore and that would solve the problem since our bum politicians don't seem to get it.
Posted by: gorb || 03/26/2010 10:38 || Comments || Link || [14 views] Top|| File under:

#1  Maybe we won't be able to sell off debt anymore and that would solve the problem

Yeah, I wish. Bernanke will just continue monetizing the debt.
Posted by: DMFD || 03/26/2010 19:44 Comments || Top||

#2  In the United States, and in many other countries, the government has assigned exclusive power to issue or print its national currency to privately owned and independently operated central banks. In the United States, this power has been assigned to the independently owned and operated Federal Reserve banks. [1] Such governments thereby disavow the overly convenient, 'slippery slope' option of paying their bills by printing new currency. They must instead pay with currency already in circulation, else finance deficits by issuing new bonds, and selling them to the public or to their central bank so as to acquire the necessary money. If these bonds do not end up in the hands of the public, the only alternative is for them to be purchased by the central bank. For the bonds not to end up in the public hands the central bank must conduct an open market purchase. This action by the central bank increases the monetary base through the money creation process. This process of financing government spending is called monetizing the debt.

It's somewhat more honest than simply printing money. However, the result is absolutely identical.
Posted by: phil_b || 03/26/2010 21:46 Comments || Top||


Social Security to See Payout Exceed Pay-In This Year
W warned on this one. It was a bit sooner than he predicted, though.
The bursting of the real estate bubble and the ensuing recession have hurt jobs, home prices and now Social Security.

This year, the system will pay out more in benefits than it receives in payroll taxes, an important threshold it was not expected to cross until at least 2016, according to the Congressional Budget Office.

Stephen C. Goss, chief actuary of the Social Security Administration, said that while the Congressional projection would probably be borne out, the change would have no effect on benefits in 2010 and retirees would keep receiving their checks as usual.

The problem, he said, is that payments have risen more than expected during the downturn, because jobs disappeared and people applied for benefits sooner than they had planned. At the same time, the program's revenue has fallen sharply, because there are fewer paychecks to tax.

Analysts have long tried to predict the year when Social Security would pay out more than it took in because they view it as a tipping point — the first step of a long, slow march to insolvency, unless Congress strengthens the program's finances.

“When the level of the trust fund gets to zero, you have to cut benefits,' Alan Greenspan, architect of the plan to rescue the Social Security program the last time it got into trouble, in the early 1980s, said on Wednesday.

That episode was more dire because the fund could have fallen to zero in a matter of months. But partly because of steps taken in those years, and partly because of many years of robust economic growth, the latest projections show the program will not exhaust its funds until about 2037.

Still, Mr. Greenspan, who later became chairman of the Federal Reserve Board, said: “I think very much the same issue exists today. Because of the size of the contraction in economic activity, unless we get an immediate and sharp recovery, the revenues of the trust fund will be tracking lower for a number of years.'

The Social Security Administration is expected to issue in a few weeks its own numbers for the current year within the annual report from its board of trustees. The administration has six board members: three from the president's cabinet, two representatives of the public and the Social Security commissioner.

Though Social Security uses slightly different methods, the official numbers are expected to roughly track the Congressional projections, which were one page of a voluminous analysis of the federal budget proposed by President Obama in January.

Mr. Goss said Social Security's annual report last year projected revenue would more than cover payouts until at least 2016 because economists expected a quicker, stronger recovery from the crisis. Officials foresaw an average unemployment rate of 8.2 percent in 2009 and 8.8 percent this year, though unemployment is hovering at nearly 10 percent.

The trustees did foresee, in late 2008, that the recession would be severe enough to deplete Social Security's funds more quickly than previously projected. They moved the year of reckoning forward, to 2037 from 2041. Mr. Goss declined to reveal the contents of the forthcoming annual report, but said people should not expect the date to lurch forward again.

The long-term costs of Social Security present further problems for politicians, who are already struggling over how to reduce the nation's debt. The national predicament echoes that of many European governments, which are facing market pressure to re-examine their commitments to generous pensions over extended retirements.

The United States' soaring debt — propelled by tax cuts, wars and large expenditures to help banks and the housing market — has become a hot issue as Democrats gauge their vulnerability in the coming elections. President Obama has appointed a bipartisan commission to examine the debt problem, including Social Security, and make recommendations on how to trim the nation's debt by Dec. 1, a few weeks after the midterm Congressional elections.

Although Social Security is often said to have a “trust fund,' the term really serves as an accounting device, to track the pay-as-you-go program's revenue and outlays over time. Its so-called balance is, in fact, a history of its vast cash flows: the sum of all of its revenue in the past, minus all of its outlays. The balance is currently about $2.5 trillion because after the early 1980s the program had surplus revenue, year after year.

Now that accumulated revenue will slowly start to shrink, as outlays start to exceed revenue. By law, Social Security cannot pay out more than its balance in any given year.

For accounting purposes, the system's accumulated revenue is placed in Treasury securities.

In a year like this, the paper gains from the interest earned on the securities will more than cover the difference between what it takes in and pays out.

Mr. Goss, the actuary, emphasized that even the $29 billion shortfall projected for this year was small, relative to the roughly $700 billion that would flow in and out of the system. The system, he added, has a balance of about $2.5 trillion that will take decades to deplete. Mr. Goss said that large cushion could start to grow again if the economy recovers briskly.

Indeed, the Congressional Budget Office's projection shows the ravages of the recession easing in the next few years, with small surpluses reappearing briefly in 2014 and 2015.

After that, demographic forces are expected to overtake the fund, as more and more baby boomers leave the work force, stop paying into the program and start collecting their benefits. At that point, outlays will exceed revenue every year, no matter how well the economy performs.

Mr. Greenspan recalled in an interview that the sour economy of the late 1970s had taken the program close to insolvency when the commission he led set to work in 1982. It had no contingency reserve then, and the group had to work quickly. He said there were only three choices: raise taxes, lower benefits or bail out the program by tapping general revenue.

The easiest choice, politically, would have been “solving the problem with the stroke of a pen, by printing the money,' Mr. Greenspan said. But one member of the commission, Claude Pepper, then a House representative, blocked that approach because he feared it would undermine Social Security, changing it from a respected, self-sustaining old-age program into welfare.

Mr. Greenspan said that the same three choices exist today — though there is more time now for the painful deliberations.

“Even if the trust fund level goes down, there's no action required, until the level of the trust fund gets to zero,' he said. “At that point, you have to cut benefits, because benefits have to equal receipts.'
Posted by: gorb || 03/26/2010 10:23 || Comments || Link || [5 views] Top|| File under:

#1  Social Security = robbery = communism.
Posted by: Ebbang Uluque6305 || 03/26/2010 11:43 Comments || Top||

#2  Unemployment Social Security disability roles skyrocketing. FICA "needs based" rules changes coming. Social justice needed!
Posted by: Besoeker || 03/26/2010 12:46 Comments || Top||


CBO report: Debt will rise to 90% of GDP
Looks like the CBO sneaked this one in before Barry had a chance to set them straight.
President Obama's fiscal 2011 budget will generate nearly $10 trillion in cumulative budget deficits over the next 10 years, $1.2 trillion more than the administration projected, and raise the federal debt to 90 percent of the nation's economic output by 2020, the Congressional Budget Office reported Thursday.

In its 2011 budget, which the White House Office of Management and Budget (OMB) released Feb. 1, the administration projected a 10-year deficit total of $8.53 trillion. After looking it over, CBO said in its final analysis, released Thursday, that the president's budget would generate a combined $9.75 trillion in deficits over the next decade.

"An additional $1.2 trillion in debt dumped on [GDP] to our children makes a huge difference," said Brian Riedl, a budget analyst at the conservative Heritage Foundation. "That represents an additional debt of $10,000 per household above and beyond the federal debt they are already carrying."

The federal public debt, which was $6.3 trillion ($56,000 per household) when Mr. Obama entered office amid an economic crisis, totals $8.2 trillion ($72,000 per household) today, and it's headed toward $20.3 trillion (more than $170,000 per household) in 2020, according to CBO's deficit estimates.

That figure would equal 90 percent of the estimated gross domestic product in 2020, up from 40 percent at the end of fiscal 2008. By comparison, America's debt-to-GDP ratio peaked at 109 percent at the end of World War II, while the ratio for economically troubled Greece hit 115 percent last year.

"That level of debt is extremely problematic, particularly given the upward debt path beyond the 10-year budget window," said Maya MacGuineas, president of the bipartisan Committee for a Responsible Federal Budget.

For countries with debt-to-GDP ratios "above 90 percent, median growth rates fall by 1 percent, and average growth falls considerably more," according to a recent research paper by economists Kenneth S. Rogoff of Harvard and Carmen M. Reinhart of the University of Maryland.

CBO projected the 2011 deficit will be $1.34 trillion, not much different from the administration's estimate of $1.27 trillion. However, CBO's estimate of the 2020 deficit at $1.25 trillion significantly exceeds the administration's $1 trillion estimate.

"The biggest part of the deficit difference is lower tax revenue due to the different economic assumptions," said James R. Horney, a federal-budget analyst at the liberal Center on Budget and Policy Priorities. "The administration assumes GDP and incomes will be higher, and that translates into higher revenues than CBO expects. Relatively small differences in economic assumptions can add up to big differences over 10 years."

While Ms. MacGuineas agreed that "economic forecasts have a large impact on budgetary projections," she cautioned that such differing assumptions, often called the "rosy scenario," could account for just $350 billion of the 10-year, $1.2 trillion difference between the White House and CBO.

"The biggest part of the deficit difference is lower tax revenue due to the different economic assumptions," said James R. Horney, a federal-budget analyst at the liberal Center on Budget and Policy Priorities. "The administration assumes GDP and incomes will be higher, and that translates into higher revenues than CBO expects. Relatively small differences in economic assumptions can add up to big differences over 10 years."

While Ms. MacGuineas agreed that "economic forecasts have a large impact on budgetary projections," she cautioned that such differing assumptions, often called the "rosy scenario," could account for just $350 billion of the 10-year, $1.2 trillion difference between the White House and CBO.

The president has established a fiscal commission to propose actions to reach his goal of balancing the budget by 2015, except for net interest payments, which CBO projects to total $520 billion that year. The president's budget, however, will generate a $793 billion deficit in 2015, according to CBO.

"The proposed budget is woefully insufficient to achieve the president's goal or the important fiscal goal of stabilizing the debt at a reasonable level in the medium and long term," Ms. MacGuineas said.

The CBO and the administration expect the deficit for fiscal 2010, which ends Sept. 30, to approximate $1.5 trillion and exceed 10 percent of GDP, the first time that threshold will have been reached since World War II. Before last year's deficit reached an eye-popping 9.9 percent of GDP, the biggest postwar deficit was 6 percent of GDP in fiscal 1983.

In addition to the free-spending fiscal policy the U.S. government will pursue, monetary policy will remain loose in the near term, Federal Reserve Chairman Ben S. Bernanke told a congressional committee Thursday.

Citing still-fragile economic conditions and noting the low level of inflation, Mr. Bernanke told the House Financial Services Committee that the Fed would maintain historically low short-term interest rates for the time being.

Tightening would not begin until the "expansion matures," he said, though he did not provide a specific timetable for ratcheting up interest rates.

Indicative of the economy's ongoing fragility, especially in the labor market, was the fact that first-time claims for unemployment benefits were still a relatively high 442,000 last week, the Labor Department reported Thursday. The number was a decline of 14,000 over the previous week's seasonally adjusted number.

Economists disagree over the propriety of running a $1.5 trillion deficit this year as the economy shifts into recovery mode. But they generally agree that budget deficits should proceed along a consistent, downward path as the expansion matures. Most economists, therefore, fear the prospect of rising deficits in the latter part of this decade, long after steady economic growth has returned and unemployment has plunged.

In a worrisome development, CBO projects that federal budget deficits, after dropping sharply, then will begin to rise continuously from 4.1 percent of GDP in 2014 to 5.6 percent in 2020.

For the 2016-20 period, CBO estimates that deficits will average more than 5 percent of GDP, even while assuming the economy will be near full employment, with an average jobless rate of 5 percent during that same five-year period.

One economist concerned about unsustainable fiscal policy in the out years is OMB Director Peter R. Orszag.

"Deficits in the, let's say, 5 percent of GDP range would lead to rising debt-to-GDP ratios in a manner that would ultimately not be sustainable," Mr. Orszag acknowledged to reporters on March 20, 2009, two months after the administration entered office.
Posted by: gorb || 03/26/2010 10:20 || Comments || Link || [3 views] Top|| File under:

#1  This non-economist predicts a further decrease in economic output followed by a long period of stagnation. Since the summer of 2007, I've been right more than the 'experts' have.
Posted by: Anguper Hupomosing9418 || 03/26/2010 13:13 Comments || Top||

#2  This non-economist has already begun moving assets off shore, and is getting ready to take a recon trip to Chile. Immigration to Chile is looking mighty attractive. I have an elderly Mother to think of. But, once folks here show enough gumption to do the needful I will return to lend a helping hand. But Mom needs to be able to enjoy the evening of her life without all this turmoil and ugliness. There shall be no mercy for the wicked.
Posted by: Secret Asian Man || 03/26/2010 14:33 Comments || Top||


Obama inspires black politicians to seek office — as Republican candidates
Posted by: trailing wife on the other computer || 03/26/2010 09:21 || Comments || Link || [9 views] Top|| File under:

#1  The catch is they stop being black as soon as they become Republican Candidates.

Still makes me sad that General Powell didn't run and become the first black President. I imagine the left would have been more helpful towards the War effort with him than they were with W as President.
Posted by: rjschwarz || 03/26/2010 15:44 Comments || Top||

#2  Here's an up and comer I support.

Link
Posted by: Besoeker || 03/26/2010 17:16 Comments || Top||

#3  Besoeker - I donated to Col. West - I agree, he's an extraordinary person.
Posted by: DMFD || 03/26/2010 19:42 Comments || Top||

#4  I agree as well, an amazing man.
Posted by: 49 Pan || 03/26/2010 21:30 Comments || Top||

#5  Thanks, B - I've added him to my list of donations for when I get some overtime.

He bears a faint resemblance to Henry Marsh - but I won't hold that against him. ;-p
Posted by: Barbara Skolaut || 03/26/2010 22:46 Comments || Top||


Southeast Asia
Politician arrested in drugs bust
[Straits Times] POLICE in the Philippines on Thursday said they had arrested a candidate running for governor in May elections on drugs charges, as part of a campaign against corrupt politicians.

Independent Ruperto Eludo Deguino was arrested on Tuesday after allegedly selling drugs to undercover agents in Surigao city on southern Mindanao island, provincial police chief Senior Superintendent Gilbert Cruz said. Five other people were also arrested in the raid.

Police seized a white powdered substance believed to be the banned drug metamphetamine hydrochloride as well as marked money, drug paraphernalia and digital weighing scales.

Mr Deguino, a businessman from a prominent family, is running for governor of Surigao del Norte province in nationwide elections in May.

The head of the country's drug enforcement agency, Dionisio Santiago, earlier said 'narco-politics' had become a major problem in the Philippines, where candidates use proceeds from illegal drugs to finance their campaigns. His agency estimated the illegal drugs trade rakes in about US$6.4 billion (S$9 billion) to 8.4 billion yearly.

Drug lords have become so rich that they are able to bankroll their own campaigns for public office, usually at the municipal level, or provide funds to their chosen candidates, the agency has said.
Posted by: Fred || 03/26/2010 00:00 || Comments || Link || [10 views] Top|| File under:

#1  Or, pay the corrupt police to raid your opositions home and bust him for planted drugs. Phil politics gotta love it!
Posted by: 49 Pan || 03/26/2010 22:18 Comments || Top||



Who's in the News
56[untagged]
4Taliban
3al-Qaeda in Iraq
3Govt of Iran
2Commies
1Govt of Pakistan
1Govt of Sudan
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1Iraqi Baath Party
1Islamic State of Iraq
1Jamaat-e-Islami
1PLO
1al-Qaeda in Arabia
1al-Qaeda
1al-Qaeda in North Africa
1Global Jihad

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Two weeks of WOT
Fri 2010-03-26
  B.O. snubs Netanyahu, dines alone
Thu 2010-03-25
  Nativity Church deportee dies alone, unloved in Algeria
Wed 2010-03-24
  Saudis break up 101-strong Al-Qaeda cell
Tue 2010-03-23
  Hekmatyar dispatches peace delegation to Kabul
Mon 2010-03-22
  Boomer kills 10 Helmand picnickers
Sun 2010-03-21
  4 More Dronezapped in N.Wazoo
Sat 2010-03-20
  Al-Shabaab big turban bumped off
Fri 2010-03-19
  David Headley pleads guilty
Thu 2010-03-18
  'Jihad Jane' due in federal court in Philadelphia
Wed 2010-03-17
  N.Wazoo dronezap reduces 10 to component parts
Tue 2010-03-16
  Local Qaeda big turban titzup in Yemen strike
Mon 2010-03-15
  Sipah-e-Sahabah Pakistain chief pegs out
Sun 2010-03-14
  Kandahar hit by suicide bombers, 30 dead
Sat 2010-03-13
  Lahorkabooms kill 49
Fri 2010-03-12
  Sipah-e-Sahabah Pakistain chief shot up, son killed
Thu 2010-03-11
  Droukdel reportedly ousted as GSPC emir


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