LAS VEGAS, Nevada (CNN) -- The jury has reached a verdict in O.J. Simpson's armed robbery and kidnapping trial in Las Vegas, Nevada, a defense lawyer and a court official said Friday. The jury reached the verdict 13 years to the day O.J. Simpson was acquitted of two murders.
Simpson arrived at the Clark County Justice Center at around 10:50 p.m. (1:50 a.m. Saturday ET). The verdicts were expected to be read once all of the lawyers and defendants arrived in the courtroom.
The jury of nine men and three women, none of them African-American, began deliberations Friday after hearing from 22 witnesses over 12 days of testimony. Chief among the witnesses were seven of the nine people inside Room 1203 of the Palace Station Hotel and Casino for the September 13, 2007 confrontation.
Continued on Page 49
#14
CF's right: I'm convinced the real killer is incarcerated in the Nevada Corrections system and not out on the golf courses of America. Thank God that with OJ's clever plan to get on the inside, he will now be free to hunt for him. He's getting closer. The tension is palpable
Posted by: Frank G ||
10/04/2008 10:11 Comments ||
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#15
The difference this time: Smarter jury, cheaper lawyers.
Racial issues that sprung OJ in L.A. were absent in Vegas trial.
#16
Also had a no nonsense judge who was allowing no lawdog shit. She just told the fools to sit down and shut up. Trial complete in seven days. F**king Ito screwed the pooch big time because he loved the publicity. Ruined his career and his public image. Relegated to traffic court and other lowly civic issues forver more.
#17
This could work for him. He could get his second career back. Longest Yard III. Him, Mike Vick, Rae Carruth, Lawrence Phillips, Maurice Claret, Art Schlichter...
#19
Oct 3rd....10th month, 3rd day- in numerology add together- and you get 13 convicted 13 years to the day after Nicole & Ron's murders the jury took 13 hours to deliberate & return the guilty verdict convicted of 12 crimes (and will pay in many minds for a 13th as well)
convicted on friday.
#24
"Amazing how interested our Canadian visitor is in a fairly routine US court case"
That and your fairly routine election is killing my time. But hey, I like it.
Btw, Do you always look up posters' IPs in comments you disagree with? How do you do that? I'd like to learn that trick.
#26
Everybody loves O.J. Simpson court cases. German and English television followed the first trial very closely.
L1011, I think it's a moderator thing; I didn't know where you were from. Of course, I'm pretty hopeless at that kind of thing. The site statistics are interesting though -- people come here from all over the world. The link is in the right column of the main page. For some reason there have been a number of really obnoxiously anti-American Canadians posting here recently, which makes the moderators a bit touchy. What's been going on up north that triggered it, do you think?
#29
"What's been going on up north that triggered it, do you think?"
Election season in both countries, brings out the best in people, coupled with the potential for hard economic times.
We had our debate at the same time (literally) you had the VP debate. Guess which one my household watched? (Well, technically I had my own tv and kept flipping back and forth, then watched it in its entirety at midnight on CNN). We have our own woman candidate for PM, but Elizabeth May is simply not as good looking as Sarah Palin.
#33
Hey, looks aren't everything. Ms. May may not have the halo effect of Sarah Palin but she did very well in the debate, placing 3rd (out of 5) in an opinion poll. Harper originally refused to participate in the debate if May was allowed in, but caved after a heavy public outcry.
She "sort of" endorsed the Liberal candidate, agreeing that her party will not run against him in some areas, so Harper's argument was that there would really be two Liberal candidates at the debate.
It'll be status quo, meaning another minority government for Harper.
Here's a nice map of the official results from the last election: www.elections.ca/pas/39ge/39official.pdf (it's a hefty pdf file)
Keep in mind the colours are reversed up here: blue = Conservative, red = Liberal. I suspect the map won't change at all after this election. Perhaps you'll see more orange (NDP) where red used to be, but that's about it. Also notice that the big bad south-eastern Ontario also has a large swath of blue, Toronto being the Liberal stronghold of course.
#34
Hey, looks aren't everything. Ms. May may not have the halo effect of Sarah Palin but she did very well in the debate, placing 3rd (out of 5) in an opinion poll. Harper originally refused to participate in the debate if May was allowed in, but caved after a heavy public outcry.
She "sort of" endorsed the Liberal candidate, agreeing that her party will not run against him in some areas, so Harper's argument was that there would really be two Liberal candidates at the debate.
It'll be status quo, meaning another minority government for Harper.
Here's a nice map of the official results from the last election: www.elections.ca/pas/39ge/39official.pdf (it's a hefty pdf file)
Keep in mind the colours are reversed up here: blue = Conservative, red = Liberal. I suspect the map won't change at all after this election. Perhaps you'll see more orange (NDP) where red used to be, but that's about it. Also notice that the big bad south-eastern Ontario also has a large swath of blue, Toronto being the Liberal stronghold of course.
#36
One can always hope, at least until the count is declared final, L1011. What form did your debate take? A moderator asking questions, town hall -- where the audience gets to pose the questions, or a proper debate where the participants can challenge one another directly?
I hope nobody minds my hijacking the thread, but poor Mr. Simpson will wait for us,
#37
The debate format was horrible and I doubt they'll do it again. It was the 5 of them plus the moderator sitting around a table. They had pre-recorded questions from the public.
It turned into a 4-against-Harper pay per view event (since we pay the taxes to see this), with no direct debating between the candidates. Occasionally they would attack someone else but mostly it was a bash Harper fest. Ridiculous format. Harper won simply by being able to withstand the attacks and not losing his cool.
The main Liberal candidate turned out to be irrelevant in this debate (even though he came out on top in the french language version held earlier...mostly because he's a francophone). It was all about Harper, Jack Layton, and Elizabeth May.
The Liberals are proposing the so-called Green Shift, revenue neutral plan, which shifts taxes from income to things that pollute. Meaning it will cost more to heat your home, but you'll get an income tax reduction to compensate, and other promised goodies. But they sort of dropped the idea now in the latter stages of the campaign, given the current economic conditions. Most people see this as a tax increase anyway and the Liberals will probably pay for it at the polls. That's not to say Harper will gain, but the NDP is becoming more unhinged as we go, so who knows. The Green party (Ms. May) might actually get someone elected to parliament (and yes, they want to legalize marijuana).
#38
L1011, could you give us a quick, simple rundown on Canadian political parties, from left (liberal) to right (conservative)?
I believe Harper is considered conservative. Is there anyone to the right of him? Thnx.
Posted by: Barbara Skolaut ||
10/04/2008 22:13 Comments ||
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#39
From Left to Right:
NDP (New Democratic Party, Jack Layton),
Liberals (Stephane Dion, French dude from Quebec but a strong federalist, not a separatist),
and the Conservatives (Stephen Harper).
The Conservatives derive from the joining of the Reform Party (Alberta) and the Progressive Conservatives (estern Canada). They dropped the "Progressive", and as a result are as close to your Republicans as you're gonna get in Canada. Think of Stephen Harper (and Alberta for that matter) as Republican-lite, or Howard in Australia. As a member of The Reform Party, Harper wanted Canada to join the US & Australia in Iraq, something the Liberals recently reminded us of.
The Liberals are...well, liberals, but without the spending. They ran a surplus for a long time, but weren't keen on cutting taxes either. Interestingly, Harper destroyed the surplus (though it's still a surplus) and has been spending like a drunken liberal, but he also cut taxes...so make of it what you will.
The NDP probably wants to abolish NAFTA but they won't say it out loud. They say they're centre-left, but I'd call them communist-lite.
The Green Party is new, and I think they're of the same lineage as the Greens in Germany. They're left, but not sure how far left. They extol fiscal responsibility, balanced budgets etc. But they also want to legalize marijuana.
Add up the NDP & Liberal & Green votes and you get more than the Conservatives. But because the left is fractured like this, it meant the Conservatives became the government.
Interestingly there has been a move recently to change the election system in Canada, to prevent the so-called false majority, where a party can have a majority of seats in parliament with less than 50% of the popular vote. But this was defeated in a referendum. The proposed alternative seemed too convoluted, too gimmicky, imo.
This is the way I see it, at least. Mileage may vary.
Posted by: Frank G ||
10/04/2008 23:13 Comments ||
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#41
"I believe Harper is considered conservative. Is there anyone to the right of him?"
But to answer more directly, no. At least I can't think of anyone in the mainstream. He's from Alberta, the 51st state :) so that tells you pretty much everything.
His belief is that government should be at the optimal size of around 30% of GDP, and has been working toward that goal and has pretty much achieved it. Most reasonable Canadians agree that that is where things should be (we still want free health care and such).
The Liberals are on the decline partly due to their leadership. Stephane Dion just isn't connecting. It's for Harper to screw things up. If he does, Canada will swing towards the Liberals again. But until then...even the immigrants are moving towards Harper.
Thanks Frank...but I'm still Canadian! I'm for the bailout for Pete's sake :)
#42
Actually, I shouldn't have implied what I implied. Most people up here are against the bailout, it seems. It fits in neatly with their BDS. Too much to resist.
I guess it's whatever one is used to. We think parlimentary systems are crazy, and everyone else thinks our system is nuts. (Probably we're both right.)
As Frank said, welcome. Good luck with your elections (and wish us good luck with ours, please!).
No thread "hijack" problem, tw - OJ's got plenty of time on his hands right about now; he can wait. ;-p
Posted by: Barbara Skolaut ||
10/04/2008 23:47 Comments ||
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Eight dead bodies were found Friday in the border city of Tijuana, across from San Diego, according to an official at the Baja California state prosecutor's office who was not authorized to be quoted by name.
Five were dumped in an empty lot, one was discovered in the trunk of a car and two others were found decapitated two blocks from the local office of Calderon's ruling National Action Party.
Some 40 people have been killed in drug-related violence in the past week in Tijuana, bringing the total so far this year to more than 400. On Monday, 12 bodies were found outside an elementary school and an additional four victims were discovered in another section of the city. Nine more bodies were discovered near a day care on Thursday and two other bodies were found elsewhere...
#1
12 outside an elementary school and 9 near a day care center? The Mexican kiddies have turned into homicidal maniacs?
I wonder if Obama will have us invade Mexico when he brings our troops back from Iraq. Certainly easier logistics than Afghanistan. Maybe set up a new urban warfare training center for use by Camp Pendleton?
#2
CSI Tijuana has been hot on the case. The decapitations all appear to be accidental, and the bodies in 55-gallon drums of acid are work accidents.
Posted by: Frank G ||
10/04/2008 10:14 Comments ||
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#3
Too close for comfort, build the damn fence, and protect and enforce our borders.
Are we waiting for this escalated violence to be brought into San Diego? I'd like to see the campaigns address these border issues.
Posted by: Jan ||
10/04/2008 10:18 Comments ||
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#5
Mexico could be a first world nation inside of a decade if they didn't have a class of political leaches sucking them dry. Then again, where would our own politicians get their good ideas from.
I became a doc and a biologist trying to figure out a couple of human diseases so that I could treat them better.
Instead, I should have become a molecular plant virologist. And an airplane pilot. If I had, by now I'm sure I could have created the perfect coca plant phage virus. And I could deliver it in one of those agricultural sprayer biplanes.
Posted by: Steve White ||
10/04/2008 11:22 Comments ||
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#3
Why don't Americans spend some of that money trying to reduce demand instead of driving up the price and profit potential. This policy is stupid.
#5
I've long thought Steve White's idea was a good one. Cross-bread the plants for sterility and then introduce them. Add a virus or two. Really cripple the crops and yields and drive the price way, way up. Then bomb the shit out of the known drug lords estates, all but one and let them decide he'd ratted them out so survivors go after each other.
#6
I'd like to add that a few shipments could be intercepted quietly, doctored and allowed to pass on. A series of "hot dose" fatalities might do alot the reduce the demand, not just from those unfortunate enough to have actually got the hot dose, but from those that just heard about it too.
Somalia has no intention of recognizing Georgia's rebel regions of Abkhazia and South Ossetia as independent, despite earlier claims to the contrary, Georgia said Friday. Otherwise they open themselves up to having Puntland and Somaliland recognized.
"The Somali side has assured us that the government of Somalia recognizes Georgia's territorial integrity and respects its sovereignty," Foreign Ministry spokeswoman Khatuna Iosava told AFP. In Moscow on Wednesday, Somalia's ambassador to Russia, Mohammad Mahmoud Handule, said his government was "preparing to establish diplomatic ties with Abkhazia and South Ossetia as soon as possible." Then they actually stopped to think about the implications...
So far only Russia and Nicaragua have recognized the independence of the two Moscow-backed regions, which lay at the center of last month's war between Russia and Georgia.
Posted by: Fred ||
10/04/2008 00:00 ||
Comments ||
Link ||
[0 views]
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#1
This will scare the Russians.
Posted by: Formerly Dan ||
10/04/2008 8:27 Comments ||
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#2
Somalia sounds pretty confused here even though they have a Handule on this issue. ;-)
Yes! It would be an honor to attend to Dear Leader's drool bucket, general!
SEOUL, South Korea (AP) - North Korean leader Kim Jong Il has made his first public appearance in more than a month, a state-run news agency said from Pyongyang on Saturday amid speculation about his health.
Kim watched a university soccer game held to mark the 62nd anniversary of the founding of the university named after his late father, North Korea founder Kim Il Sung, the Korean Central News Agency reported.
The 66-year-old leader had not been seen in public since mid-August, missing two key occasions--the 60th anniversary of the founding of North Korea and Korean Thanksgiving. Korean Thanksgiving? Oh, the imagery...
U.S. and South Korean officials said Kim suffered a stroke, but North Korean officials steadfastly denied he was ill. Nope. Just taking some time off to work on the golf game...
Kim's absence from the public eye is believed to be his longest since assuming leadership of communist North Korea after his father's death in 1994. KCNA's last mention of Kim making a public appearance was in mid-August. Probably visited Pig Farm No. 2617, or the 79th NKPA Goat Milking Battalion. Heard they need on the spot field guidance.
While the reports from Pyongyang had Kim sending greetings to Russian President Dmitry Medvedev and to Chinese leaders, there had been no mention of him appearing in public until Saturday. Greetings fellow commies. Didn't you know I was sick? Not even a floral basket, you lousy bastids...
The reports said Kim congratulated the two soccer teams from Kim Il Sung University and the Pyongyang University of Railways afterward. The Kicking Commies vs. The Rambling Wrecks...
Kim praised the student athletes, saying: "The revolutionary and militant students in our country are good at art and sporting activities while devoting all their wisdom and enthusiasm to the study of science for the country and the people," KCNA said. ...and then somebody pulled the wire on his arm and he waved.
The university's 62nd anniversary took place on Oct. 1, but the report did not say when the game was held.
Per the usual definition, i.e. 2 consecutive quarters of economic contraction. Not the result of the current credit crunch alone (at least, not solely from the last week) but definitely a sign of global economic weakness.
France will report a contraction in the next two quarters as a weaker job market curbs consumption and exports flag, forecasts from national statistics office INSEE showed on Friday, flagging the arrival of recession.
The eurozones second-biggest economy will probably register a 0.1 percent decline in gross domestic product (GDP) in both the third and fourth quarters of 2008, INSEE said, following a 0.3 percent contraction between April and June. But other politicians have shied away from the term and the head of INSEEs forecasting division, Eric Dubois, said it may be premature to use the word recession, according to some criteria.
"The term that we are using is growth which is coming to a halt. Saying that there isnt any growth already seems like a strong enough message to us," Dubois told a news conference that unveiled quarterly forecasts.
Economy Minister Christine Lagardes office said in a statement that the risk of contraction for a second straight quarter between July and September was now "real".
French gross domestic product fell by 0.3 percent in the second quarter. European Central Bank President Jean-Claude Trichet declined to comment on individual countries when asked on Europe 1 radio if France was in recession. But he said that growth was slowing in Europe and there was a risk it would slow further.
INSEE cut its forecast for 2008 growth to 0.9 percent, from 1.6 percent in June, saying slowing global demand would weigh on exports as deteriorating labour market conditions and slowing income growth dented purchasing power and consumption.
ENGLEWOOD, Colo. -- Republican vice presidential candidate Sarah Palin on Saturday accused Democrat Barack Obama of "palling around with terrorists" because of an old association with a former '60s radical, stepping up an effort to portray Obama as unacceptable to American voters.
Palin's reference was to Bill Ayers, one of the founders of the group the Weather Underground. Its members took credit for bombings, including nonfatal explosions at the Pentagon and U.S. Capitol, during the Vietnam War era. Obama, who was a child when the group was active, served on a charity board with Ayers several years ago and has denounced his radical views and activities. Ah -- the first statement in this "reporting" that sticks up for The One.
Second paragraph, first background paragraph. Not bad ...
The Republican campaign, falling behind slightly Obama in polls overweighted with Democrats, plans to make attacks on Obama's character a centerpiece of candidate John McCain's message in the final weeks of the presidential race.
Palin told a group of donors at a private airport, "Our opponent ... is someone who sees America, it seems, as being so imperfect, imperfect enough, that he's palling around with terrorists who would target their own country." She also said, "This is not a man who sees America as you see America and as I see America." Go, Sarah, Go
The Obama campaign called Palin's remarks offensive but not surprising in light of news stories detailing the campaign's come-from-behind offensive. "What's clear is that John McCain and Sarah Palin would rather spend their time tearing down Barack Obama than laying out a plan to build up our economy," Obama campaign spokesman Hari Sevugan said in a statement.
You guys did real well sticking up for the economy with the bailout ...
Palin's remark about Obama "palling around with terrorists" comes as e-mails circulate on the Internet with suggestions that the Democratic candidate is secretly a radical, foreign-born Muslim with designs against the U.S. - even though Obama is a native of Hawaii, a Christian and has no connections to Muslim extremists. The second "stand up for The One"
Palin, Alaska's governor, said that donors on a greeting line had encouraged her and McCain to get tougher on Obama. She said an aide then advised her, "Sarah, the gloves are off, the heels are on, go get to them."
The escalated effort to attack Obama's character dovetails with TV ads by outside groups questioning Obama's ties to Ayers, convicted former Obama fundraiser Antoin "Tony" Rezko and Obama's former pastor, the Rev. Jeremiah Wright.
Ayers is a professor at the University of Illinois at Chicago. He and Obama live in Chicago's Hyde Park neighborhood and served together on the board of the Woods Fund, a Chicago-based charity that develops community groups to help the poor. Obama left the board in December 2002.
Obama was the first chairman of the Chicago Annenberg Challenge, a school-reform group of which Ayers was a founder. Ayers also held a meet-the-candidate event at his home for Obama when Obama first ran for office in the mid-1990s.
In an interview with CBS News earlier in the week, Palin didn't name any newspapers or magazines that shaped her view of the world. On Saturday, she cited a New York Times story that detailed Obama's relationship with Ayers. Watch out World!! Sarah is now reading the Times!
Summing up its findings, the Times wrote: "A review of records of the schools project and interviews with a dozen people who know both men, suggest that Mr. Obama, 47, has played down his contacts with Mr. Ayers, 63. But the two men do not appear to have been close.
That's simply not true. Obama and Ayers met in the 80s, and during the Annenberg years the two were near joined at the hip.
Nor has Mr. Obama ever expressed sympathy for the radical views and actions of Mr. Ayers, whom he has called 'somebody who engaged in detestable acts 40 years ago, when I was 8.'" That's the Times summation -- other folks have some different summing up of their findings. Hummm - since Sarah states The One is palling around with terrorists, I'm only guessing here, but I think she might be disagreeing with the Times. Is that safe?
Not just safe but correct ...
Earlier Saturday, Palin spent 35 minutes at a diner in Greenwood Village where she met with Blue Star Moms, a support group of families whose sons or daughters are serving in the armed forces. Reporters were allowed in the diner for less than five minutes before being ushered out by the campaign. Probably by request of the Blue Star Moms
Palin, whose 19-year-old son, Track, deployed last month as a private with an Army combat team, was overheard at one point commiserating with one of the mothers: "Any time I ask my son how he's doing, he says, 'Mom, I'm in the Army now.'"
Taking one question Do they ever report when The One will take no questions?
Hey, he just wants to eat his waffle ...
from reporters about competing in battleground states, Palin repeated her wish that the campaign had not pulled out of Michigan, a prominent state in presidential elections where Obama leads by double-digit percentage points in recent polls.
"As I said the other day, I would sure love to get to run to Michigan and make sure that Michigan knows that we haven't given up there," she said. "We care much about Michigan and every other state. I wish there were more hours in the day so that we could travel all over this great country and start speaking to more Americans. So, not worried about it but just desiring more time and, you know, to put more effort into each one of these states."
#1
this is a pre-emptive effort by the NYT to protect the O, as well as the opening gun of the Palin Pitbull campaign. We will see a lot more of Wm Ayers and his terrorist wife in the coming days. Expect to see recitation of historical facts referred to as Swift-Boating, just like last time. It's Donk playbook 101, used even more when skewed polls don't support them. Keep the faith
Posted by: Frank G ||
10/04/2008 18:44 Comments ||
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#2
It's the Seattle PI reporting, for heaven's sake - Baghdad Jim McDermott's hometown rag!
#3
Obama is a native of Hawaii, a Christian and has no connections to Muslim extremists.
When I was young forms used to say Christian name and surname. So If Uhbama is a Cristian where is his Christian name?
When people convert to Islam they take a Muslim name, Why didn't Uhbama take a Christian name when he converted in Wright's church?
Read on for the familiar names...
CROWN POINT- Lake County Republican Chairman John Curley wants a federal investigation into hundreds of voter registrations bearing fictitious signatures or the names of dead and underage people. "Fraudulent applications are the workings of ACORN groups operating from Milwaukee and Chicago who are getting out the vote for Obama. I'm Republican, but I want everyone who should vote to vote. But I want a clean election," Curley said at a Wednesday news conference. C'mon, ya mean spirited bastid! They just want...Change! And...Hope!
Lake County elections officials acknowledged they have found problems and had to reject a large portion of the 5,000 registration forms turned in recently by the Association of Community Organizations for Reform Now, or ACORN, an activist group that conducted registration drives across the county this summer.
An ACORN spokesperson couldn't be reached Wednesday for comment. Telephones to ACORN offices in Gary, Indianapolis, Chicago and Milwaukee were reported to be disconnected. Our work is done here, Tonto...
Curley acknowledges the work of the county elections board to weed out obviously invalid applications, but said more may have slipped into the voter rolls so he wants U.S. Attorney David Capp to conduct a criminal investigation.
Elections Board Director Sally LaSota and Ruthann Hoagland, a county elections board technologist overseeing voter registration, said Wednesday it appears some ACORN vote canvassers pulled names and addresses from telephone books and forged their signatures.
Curley said one registration form was filled out in the name and address of Jimmy John's, a Crown Point fast-food outlet. Another registration, dated in August, is in the name of a Gary man who died Nov. 16, 2007, according to his death certificate. Hoagland said large numbers of voter registration forms bore signatures all in the same apparent handwriting style.
LaSota and Hoagland said they instructed ACORN on how to legally register voters, but apparently the organization's canvassers broke rules to meet ACORN-set voter registration quotas to get paid. They said ACORN organizers promised to fire workers who were cheating. You have our word on it...
LaSota said hundreds of legitimate potential voters may be unable to cast a ballot in the Nov. 4 general election because ACORN delivered incomplete registrations just recently to the county. LaSota said her staff won't have enough time to research, complete and enter legitimate voter registrations before the mid-month deadline. ...and that's what they're counting on.
#2
...but said more may have slipped into the voter rolls so he wants U.S. Attorney David Capp to conduct a criminal investigation.
That's why George sack the lot of AGs a while back because they didn't act on this crime. It also explains the Donks screaming and whining about the firing of people who the President hired in the first place.
#3
It's happening across Ohio, too. If I recall the numbers correctly, several hundred thousand registered voters have until Monday to prove they exist, after the post office returned polling place information as undeliverable... either name or address non-existent. The Alinsky plan to swarm the system doesn't work nearly as well with modern computer programs that cross-check entries, and the post-9/11 practice of consultation between government agencies at all levels. Mr. Barack H. Obama, esq. may have to resume practicing law after the election to keep his ACORN friends from really long jail sentences.
#4
Remind me why ACORN hasn't been convicted of various RICO statutes. Oh yeah, the Federal DAs didn't see it as a high priority, and Bush and Ashcroft and Gonzales caught heat when they tried to push the issue.
#5
Just because they don't exist, is that any reason to deny people of color and other poor oppressed minorities the right to vote? Damn this Bushitler regime!
#7
Apparantly I was listed as Anonymous in Your Name and my comments have been pooplisted. THat sucks. It was brilliant inoffensive, humorous stuff. And unlike the sinktrap I can't seem to find out where the pooplist pile is.
#8
rjschwarz, at least your posts had to be read before being pooplisted. My most brilliant posts seem to disappear into the ether without intermediary. :-(
Posted by: Frank G ||
10/04/2008 18:47 Comments ||
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#10
It was pooplisted instantly, nobody had time to read it. Anyway to repeat (with less awesomeness no doubt).
The video looks like a bunch of pledges for a black fraternity all right. Same stomping, chanting, and crypto military fashion I remember from the 80s.
ANCHORAGE, ALASKA Sarah and Todd Palin underpaid their estimated taxes with an April extension and could owe interest, according to an Associated Press analysis of the couple's 2007 federal tax returns released Friday by the McCain campaign.
On an extension form filed with a $2,000 check dated April 11, the Palins claimed an estimated tax liability of $22,721 and total withholding payments of $20,721. The attached check meant the couple believed they had paid all of their taxes for 2007, as required.
However, when they filed their taxes last month, dated Sept. 3, their tax liability turned out to be $24,738 meaning they owed an additional $2,017.
When asked if the Palins had paid any interest or penalties, and if so, how much, Maria Comella, McCain-Palin spokeswoman said the couple had paid "at least $2,017," and that the campaign was researching if an additional payment had been made.
Overall, the 2007 return shows that last year the couple had a gross adjusted income of $166,080 and paid $24,738 in taxes about a 15 percent rate after deductions.
Palin and her husband listed assets worth from $960,000 to $2.3 million. Because the values of assets are reported in broad ranges, it's not possible to calculate an exact value for their holdings.
#1
Better investigate this carefully. Pull any remaining journalists and fact checkers off the Rezko story, stat.
Sheesh. Anyone who has a business with highly variable income and expenses, like fishing, knows how hard it is to estimate owed taxes accurately. Talk to their CPA about why he missed this one, if he did.
Good thing there's no FBI investigation of Obama's close friends going on right now. [/sarcasm]
#2
Okay, there isn't a middle-class American that isn't going to sympathise with the Palin's over this. Someone screwed up, taxes are so damn complicated. We need to simplify taxes, not raise them.
UPDATED: Thursday's highly anticipated face-off between Alaska governor Sarah Palin and Delaware senator Joe Biden was the most-watched vp debate of all time.
Last night's event was seen by nearly 70 million viewers, according to Nielsen Media Research.
That's the most-viewed debate -- presidential or vp -- since at least the second round between Bill Clinton, Ross Perot and George Bush in 1992.
Thursday's debate was...
-- 33% higher than Friday's top-of-the-ticket debate between John McCain and Barack Obama (52.4 million).
-- 61% higher than the 2004 vp debate between Dick Cheney and John Edwards (43.6 million).
-- 23% higher than the 1984 match up between George Bush and Geraldine Ferrarro (56.7 million), the former title-holder for the most-watched vp debate.
The Biden-Palin summit was expected to overthrow Friday's presidential debate in viewers due to questions about Palin's readiness and because the vp match was held on a Thursday -- television's most-watched night of the week. But this ratings blowout exceeds industry expectations. The audience response puts the election back onto the historic and record-breaking ratings territory that characterized the convention coverage.
The Nielsen measurement includes viewers watching the debate live on 11 networks -- NBC, ABC, CBS, FOX, PBS, CNN, Fox News, CSPAN, MSNBC, CNBC, Telemundo, and Telefutura.
ABC drew the largest debate audience with 13.1 million viewers. Among broadcast networks, ABC was followed by NBC (12.8 million), CBS (11.1 million) and Fox (4.5 million).
On cable, Fox News led with 11.1 million -- the most-watched telecast in the network's 12-year history. CNN drew 10.7 million, the channel's third most-watched telecast ever. MSNBC had 4.4 million. In addition, PBS projects 3.5 million viewers watched its coverage.
Friday night may have been the most-watched debate since Reagan vs. Carter (80.6 million). The total from last night is 69,989,000 viewers. Normally that's rounded to 70 million, but since a 1992 debate is listed as 69.9 million and Nielsen said the exact total is not readily available, the measurement company is using the more conservative 69.9 number in its official vp debate announcement.
#1
That's about three times the total viewership of the evening news programs. With declining viewership in that market, the upper echelons of the corporations that own the networks must be composed of the same CEOs and boards that made up the investment houses who can't identify fundamentals of a market. It's a market they're intentionally ignoring.
#1
Well, MSM is fighting for its life. Unless they want to join horse-carriages, bloging will have to be eliminated/brought under control---enter the Lightworker!
#4
One of the 'silver linings' in the economic outlook is that major businesses and industries which have by default relied upon the old MSM to communicate with the public will be paying attention. If the MSM and Obama don't pull it off, the next morning [or shortly thereafter] the big boys at the top are going to have their marketing and advertising subordinates justifying their expense to the organization. All they'll have for evidence is the same tired self justification data [now demonstratively shown to be 'cooked'] from the media. If senior management had a modicum of intelligence they'd demand a new means of reaching the American people not the old same old same old.
#5
The MSM is not the problem; it is merely another symptom of the problem. The problem is an uneducated (mis-educated) and apathetic population who prefer the 'safe' mediocrity of socialism to the risks of freedom.
#6
I don't understand the goal of the msm. Don't they realize that under marxism the first thing that happens is the fairness doctrine and the elimination of the free press.
#8
Why would a party organ fear the triumph of the party? Why would a party organ fear being given an absolute monopoly? You confuse power with principle.
#9
Although I'm not as enthused about McCain/Palin as I should/could be, does it surprise ANYONE that the ONE is doing absolutely everything he can to become "Our Beloved Leader"??? Since he has the MSM in his pocket does fixing the polls come far behind??
#10
bman - MSM doesn't give a rip about "free press" they only care about their press. If US goes marxist, then they're the only game in town. That would suit them just fine.
Posted by: Rex Mundi ||
10/04/2008 11:48 Comments ||
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#13
I think the MSM doesn't plan things out, they don't think ahead. It's a lot of like-minded people thinking emotionally. When you think emotionally there are far fewer options and millions of nuanced justifications why. They could easily drive themselves of a cliff without changing a thing.
"Perhaps if we print our papers in bold typeface and slightly larger font people will understand that Obama is the guy?"
#1
But in Chicago, Mr. Ayers has largely been rehabilitated.
By lefty standards, a terrorist bomber is 'rehabilitated' if he says that he thinks violence against his country is not always the answer.
Another Obama press release (thinly) disguised as a news story.
Posted by: Graique Oppressor of the Brontosaurs7877 ||
10/04/2008 9:14 Comments ||
Top||
#2
violence against his country is not always the answer
I actually agree with that statement; I suspect we would disagree a lot on just when it might be the answer. It is the main reason the Second Amendment was written.
The FBI is investigating a former Illinois state senator who is a p0ker-playing buddy of Democratic presidential candidate Sen. Barack Obama. According to Chicago authorities, the FBI visited the offices in Joliet, Ill., of a Will County auditor to ask questions about Larry Walsh, a longtime friend of Mr. Obama's, and his chief of staff Matt Ryan.
Mr. Walsh, who served in the Illinois Senate from 1997 to 2005, was endorsed by Mr. Obama in his county executive election bid. With the support of some of Mr. Obama's U.S. Senate volunteers, he easily defeated incumbent Republican Joseph Mikan.
Joliet's been a political cesspool for decades, a mini-version of Chicago. The Republicans controlled the county for quite a while but in recent years enough Democrats have moved into the county so that the Democratic crooks could take over from the Republican crooks.
Will County auditor Steve Weber confirmed that his office had been asked by the FBI to assist in an investigation, but he did not elaborate on the specifics. Two FBI agents out of Chicago reportedly spent more than an hour in the Will County offices on Wednesday morning.
According to sources, the Walsh investigation may be tied to lobbying firm Smith Dawson and Andrews, which was hired in 2006 for $10,000 per month to help Will County acquire federal grants. The firm, which is registered with the U.S. Senate and House of Representatives, assists clients with communications and legislative strategies that better their public policy agendas, according to its Web site. Last month, Mr. Walsh announced that Will County was the recipient of a $750,000 federal government grant that would allow law enforcement and prosecutors to fight against domestic violence.
One of the firm's partners, James P. Smith, contributed $2,000 to help Mr. Walsh's county executive election bid.
A corn farmer from Joliet, Mr. Walsh has supported his friend's presidential bid, and campaigned for him in rural and farming areas of the state. They are seen hugging each other in photos before Mr. Obama's announcement that he was running for president.
The two men became tight friends during their tenure in the Illinois Senate and bonded over games of p0ker. According to a report in Time magazine, Mr. Walsh lost to Mr. Obama once with what he thought was a winning hand, and then slammed down his cards and said: "Doggone it, Barack, if you were more liberal in your card-playing and more conservative in your politics, you and I would get along much better."
Mr. Walsh denied any knowledge of any investigation. "I don't have a clue what you are talking about," Mr. Walsh said in reports published Thursday in the Chicago Sun-Times.
He'll now be shunned. No other politicians will know him, none will shake hands or go to lunch with him. He's got the federal version of cooties and it might be contagious.
#1
How can plague be prevented?
1. People who live, work, or play in areas with active plague infection in political rodents should take these precautions:
· Eliminate food and shelter for politicians around homes, work places, and certain recreation areas, such as picnic sites or campgrounds where people congregate. Remove brush, rock piles, junk, and food sources, including pet food.
· Allow health authorities to use appropriate and licensed insecticides to kill fleas during plague outbreaks in politicians.
· Treat pets (cats and dogs) for flea control regularly.
· Avoid sick or dead politicians, and report such politicians to the health department. Hunters and trappers should wear rubber gloves when skinning politicians.
· Use insect repellents when outdoors in areas where there is a risk of flea exposure.
#2
I've got a bus for sale - if Obama is interested, that is.
Posted by: Richard of Oregon ||
10/04/2008 9:25 Comments ||
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#3
How high is the suspension? Gonna need good clearance - he's still got weeks during which to try to slip away from all those inconvenient friends of his.
#4
Richard of O,
The One ought to look into one of those Rhino things instead of a regular bus; some of these folks getting thrown under it might be explosive.
#5
Nary a peep about this, or any of his other 'friends' from the MSM.
Meanwhile the MSM has an army of 'investigators and reporters' shifting through Palin's garbage, Palin's neighbor's garbage and the dumps around her town.
(PTI) Notwithstanding repeated US assertions that its nuclear agreement with India was a unique one based on New Delhi's impeccable non-proliferation record, Pakistan today said it wanted a similar deal with Washington.
Pakistan intends to ask the US for a nuclear deal akin to the one finalised with India, Prime Minister Yousuf Raza Gilani told a news conference in his hometown of Multan, where he is spending the Eid holidays.
He also said that Pakistan's strategic importance as a frontline country in the war against terrorism will remain intact no matter whoever wins the US presidential election. "They cannot think of fighting terrorism and extremism without the support of Pakistan," Gilani said.
Referring to Democratic US presidential nominee Barack Obama's statement about unilateral strikes on terrorists in Pakistani areas bordering Afghanistan, Gilani said he did not take such comments seriously as the candidates issue them for a domestic audience during poll campaigns.
Statements by the US presidential candidates should not be a cause of concern as Pakistan enjoys good relations with America that will continue even after the presidential election, he added.
Pakistan has multi-dimensional cooperation with the US in areas like defence, intelligence, education and health, the Premier remarked. He said that during his recent visit to the US, he met President George W Bush, Secretary of State Condoleezza Rice and defence and treasury officials.
Posted by: Fred ||
10/04/2008 00:00 ||
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Top|| File under: Govt of Pakistan
#1
We actually have a nice nuclear deal all worked up for you. But, when you discover the details, you may not be so anxious to put it in motion.
India banned smoking in public places on Thursday, a move the government hopes will help curb the habit in a country that has one of the world's largest populations of smokers.
Posted by: Fred ||
10/04/2008 00:00 ||
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After the Union Cabinet took a serious view and Prime Minister Manmohan Singh expressed anguish over continuing violence against Christians in Orissa, Home Minister Shivraj Patil on Friday shot off a strongly-worded letter to Chief Minister Naveen Patnaik asking him to take effective measures and provide security for the community.
The letter came hours after the Union Cabinet expressed grave concern over the situation in the state with Prime Minister Manmohan Singh directing Patil to present an appraisal report on the situation at the next cabinet meeting.
The Prime Minister is also understood to have expressed anguish over the situation on which he had to face embarrassment during the recent India-EU Summit in Marseilles.
In the letter, the home minister is understood to have stated that enough para-military forces have been provided to the state since trouble broke out in December last year.
He told Patnaik to take effective measures to control communal violence and to apprehend elements that continue to stoke violence and hatred.
Giving details of the deployment of central para-military forces to the state, Patil said that merely continuing to ask for additional forces after every few days could not be a solution.
Patil pointed out that an MI-17 helicopter was positioned at Bhubaneswar from August 31 to September 11 even without a formal request from the state government to facilitate transportation of troops to control situation and evacuation of the injured.
The helicopter was again sent from September 17 to 26 at the request of the state government, he said, adding that the authorities did only recce and not use it even once for transportation of troops -- the primary purpose for which the state government had asked for retention of the aircraft.
Patil is said to have pointed out that required attention was not given by the state government to strengthen the police force and said out of five India Reserve battalions sanctioned for Orissa, the state had raised only one.
He also said the paramilitary forces have spared no effort in providing personnel even at the cost of withdrawing them from other states.
Patil told the chief minister that in December last year, the Centre had rushed 600 para-military force personnel while in February this year 400 more jawans were sent in addition to 2400 personnel already deployed there.
After the killing of the VHP leader Swami Laxmanananda Saraswati in August, 2000 more personnel were despatched.
Posted by: Fred ||
10/04/2008 00:00 ||
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Two persons were hacked to death by unidentified persons in the sensitive Tumudibandha area of Orissa's riot-hit Kandhamal district, official sources said on Friday.
District Collector of Kandhamal Krishan Kumar said that the killings took place at Sindhupanka village in the Tumudibandha police station area late on Thursday night. They attacked the house of Dushashan Majhi and hacked him to death with an axe, police sources said and added that a 15-year-old boy from a neighbouring village, who was present in Majhi's house, was also killed with some sharp weapon.
No arrest has been made so far, sources said.
With this, the death toll in the sensitive district mounted to 35 since violence erupted after the killing of VHP leader Laxmanananda Saraswati on August 23, they said. The police have arrested 34 persons since Thursday from various places, raising the number of arrests so far to 371, they said.
Curfew, which had been clamped in areas under nine police stations, was relaxed during the day to help people go about their daily chores, they said.
As many as 119 out of the 505 licenced guns in the district have been surrendered to the authorities by the weapon holders following an official order, the sources said. Confiscation proceedings would be initiated against those who failed to deposit guns.
Posted by: Fred ||
10/04/2008 00:00 ||
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We've had this before but I'm reposting it one more time to remind us all about the way in which the UN is being used by Islamicists.
Religious groups and free-speech advocates are banding together to fight a United Nations resolution they say is being used to spread Sharia law to the Western world and to intimidate anyone who criticizes Islam.
The non-binding resolution on "Combating the Defamation of Religion" is intended to curtail speech that offends religion -- particularly Islam. Pakistan and the Organization of the Islamic Conference introduced the measure to the U.N. Human Rights Council in 1999. It was amended to include religions other than Islam, and it has passed every year since. In 2005, Yemen successfully brought a similar resolution before the General Assembly. Now the 192-nation Assembly is set to vote on it again.
The non-binding Resolution 62/145, which was adopted in 2007, says it "notes with deep concern the intensification of the campaign of defamation of religions and the ethnic and religious profiling of Muslim minorities in the aftermath of 11 September 2001." It "stresses the need to effectively combat defamation of all religions and incitement to religious hatred, against Islam and Muslims in particular."
Continued on Page 49
Afghanistan was officially elected to the board of the U.N. atomic watchdog on Friday, after the rival candidate for the seat, Syria, agreed to drop its bid for the race after it ran into strong opposition due to an investigation into its atomic activity, diplomats said.
Posted by: Fred ||
10/04/2008 00:00 ||
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(AKI) - One of Russia's largest helicopter producers announced on Friday that is finalising a deal with Iran for the purchase of several helicopters. According to Russia's state news agency, RIA Novosti, the helicopter - the Kamov Ka-226T - would be used for civil rather than military purposes.
However, the helicopter, which Iran is reportedly considering, has an interchangeable 'mission pod' that can turn it into a passenger, freight, search and rescue as well as patrol aircraft.
Roman Chernyshev, director of Kamov said the helicopters would be for civil rather than military use and he expected to sign the contract by the end of the year. He also said that other Russian aircraft makers had already signed deals with the Islamic Republic, citing as an example, the expected delivery of 100 Tupolev TU-204 passenger airliners.
Posted by: Fred ||
10/04/2008 00:00 ||
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Link ||
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Top|| File under: Govt of Iran
#1
...This little beast appears to be a tough, capable ship that would come in pretty handy in the Iranian outback. The mullahs made a good choice for once. OTOH, I wouldn't be at all surprised to see it show up in a "We-Hate-The-Jews-Day" parade in Tehran as some fiendish new weapon.
Mike
Posted by: Mike Kozlowski ||
10/04/2008 7:41 Comments ||
Top||
#2
Gotta maintain them, Mike. That means one of two ways:
1. Russian techs do it, and you may live to fly another day.
2. Insh'Allah Aviation Services does it, and you can flip a coin for a preflight.
Posted by: Alaska Paul ||
10/04/2008 13:38 Comments ||
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#3
I'll lean toward option 1. Hopefully the mullahs will keep them separated from the Chinese techs.
I'm with ya on the Russian techs...I was trying to impress my new bride once with stories of derring-do and adventure from my time in the USAF. She just looked at me and said, "I flew Aeroflot. Twice."
Bravest girl I've ever known.:)
Mike
Posted by: Mike Kozlowski ||
10/04/2008 16:27 Comments ||
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#5
"I flew Aeroflot. Twice."
She sounds like a spunky one, Mike. I'd say that remark qualifies her as an Honorary Rantburg Snarkette.
I, for one, would greatly appreciate Rantburg U's input into these hearings. This is the first time I've heard the word "hearing" coming from this Congress. Not that I expect anything to come from them or to happen.... the word is good to hear, finally.
The House Committee on Oversight and Government Reform is planning to hold a total of five hearings this month on different aspects of the financial crisis, including looks at hedge funds, credit rating agencies and federal regulation.
The invited witnesses for the hedge fund hearing, which will be on Oct. 16, are John Alfred Paulson, President, Paulson & Co., Inc.; George Soros, Chairman, Soros Fund Management LLC; Philip A. Falcone; Senior Managing Director, Harbinger Capital Partners; James Simons, Director, Renaissance Technologies LLC; and Kenneth C. Griffin, Chief Executive Officer and Managing Director, Citadel Investment Group. They were invited, according to the Committee's Web site, because they each earned over $1 billion last year.
A spokesman for Harbinger Capital Partners said that Falcone is reviewing the request, but declined to comment further.Falcone came to Harbinger from Barclays Capital, where he had been head of high-yield trading.
The witnesses invited for the hearing on ratings agencies, which will take place Oct. 22, are Deven Sharma, President, Standard & Poors; Raymond W. McDaniel, Chairman and Chief Executive Officer, Moodys Corporation; and Stephen Joynt, President and Chief Executive Officer, Fitch Ratings.
Those invited for the federal-regulator hearing on Oct. 23 are former Federal Reserve Chairman Alan Greenspan, former Treasury Secretary John Snow and current Securities and Exchange Commission Chairman Christopher Cox.
Those three hearings are in addition to previously announced hearings on the Lehman Brothers bankruptcy on Oct. 6 and the $85 billion bailout of American International Group (AIG: 3.86, -0.14, -3.50%) on Oct. 7.
Students already attending classes at Arizona State University, with approved student loans, have had their accounts frozen. Either the creditors have gone bust, or are refusing to release the funds.
The only school that has calculated the number of students affected is the law school, with about 50% of its students running on vapor.
The university is continuing classes for now, but will be busted pretty quick without that money being released.
#7
#5 Nice "Don't panic" speech, genius.
Posted by mojo
see: "Bacon, Kevin, "animal house" at IMDB.com :-)
Posted by: Frank G ||
10/04/2008 18:45 Comments ||
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#8
Anonymoose, what's worse is that many colleges and universities hold their operating funds in a vehicle housed with Wachovia bank. Last week Wachovia allowed only limited withdrawls to colleges and universities while they are negotiating their buyout with Wells Fargo. A lot of school janitors, cooks and faculty going without paychecks if it doesn't get resolved quickly.
The bailout/buyout stinks. But the credit crunch is real.
The U.S. Congress gave final approval on Friday to a $700 billion bailout of the U.S. financial industry, sending the measure to President George W. Bush to sign into law. The biggest financial crisis since the Great Depression nearly 80 years ago hit the world in 2008.
Here are some key dates:
January 11 - Bank of America pays $4 billion for Countrywide Financial after the mortgage lender goes bust when risky loans to shaky borrowers fail.
Continued on Page 49
#1
Cavuto was just (dunno why..) interviewing Jesse Jackson about the meltdown and mortgage crisis. He kept asking if "personal responsibility" could be part of the blame game, and Jesse acted like he didn't understand what those words meant - LOLZ
Posted by: Frank G ||
10/04/2008 10:17 Comments ||
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#2
The Dems were responsible for the Community Reinvestment Act back in Jimmy Carter's day, in 1995, Janet Reno ruled it would be discriminating if loans weren't given to illegal immigrants. Republican free traders like importing cheap immigrant labor and outsourcing to cut costs, leading to open border policies and deregulation and elimination of any ethical oversight. Money launderers/speculators have driven up the cost of housing with lots of excess money from the drug trade and all of us were very comfortable with the "prosperity" this revenue brought to Main St. When the US got serious about immigration and law enforcement, plus the successful tracking of FARC/terror financing, the fancy bookkeeping became apparent. Refinancing legitimate mortgages for primary residences would help the taxpayers, but bailouts for speculators is ridiculous. We can't legislate morality, but the greedy swindlers should suffer the consequences of their own doing. Unfortunately, we all have to collectively suffer and can only delay is a little by this bail-out. Pelosi looked so pleased with herself signing the bill and presenting it as though she had saved us all from ruin. Taking credit without taking the blame pegs the failing & contradictory policies of the last few decades and it will be a long time undoing this mess. Finding necessary funds for Defense and Homeland Security will take a miracle and the bad guys know it. I am thinking of investing in the Lakota Industries Palin bow to hunt turkeys....
#3
The key event for me was the first week of August 2007, when 2 Bear Stearns hedge funds declared bankruptcy, costing investors $1.6 billion. The two funds were highly leveraged in mortgage-backed securities, and were two of the most prominent funds affected by the sub-prime mortgage meltdown.
Over the next week stock markets continued their decline in reaction to these further developments:
* The Bear Stearns CFO said this was the worst credit market he had seen in 22 years.
* Standard & Poor's cut Bear Stearns credit rating to negative, stating that its mismanagement of hedge funds left it liable to investor lawsuits.
* The Co-President, Warren Stearns, resigned.
The news articles about this event informed me about the gross excesses of the housing bubble and the extreme vulnerability of the economy to overleveraged institutions like Bear Stearns. That was when I decided to sell out everything I had in stocks & go into CD's, Treasury paper & banks.
Posted by: Barbara Skolaut ||
10/04/2008 20:06 Comments ||
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#4
I have AIG coverage (via their absorption of 21st Century Auto coverage). My previous company was well-behaved, well-represented, that said, I'll be looking to
AAA for my future coverage
Posted by: Frank G ||
10/04/2008 20:11 Comments ||
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#5
Who's gonna buy them?
AIG isn't up for sale. They're selling off assets like other insurance companies they own and their aircraft leasing business.
Posted by: Mike N. ||
10/04/2008 21:15 Comments ||
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#6
That's what I was asking, Mike - what did they have to sell. Thanks.
Why would an insurance company have an aircraft leasing business? (In this case, rhetorical question.)
Posted by: Barbara Skolaut ||
10/04/2008 21:24 Comments ||
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#7
Insurance is just a specialized financial business, one that runs on being able to balance cash flows in and out at time periods from tomorrow through decades in the future. Buying air planes gives them a way to invest their cash that yields pretty predictable income streams back at fixed times. GE's Capital Solutions subsidiary made a lot of money for investors by doing the same thing, not only with planes but with other heavy equipment etc.
U.S. President George W. Bush on Friday signed a mammoth economic rescue package aimed at saving troubled U.S. banks and easing a credit crunch that he warned could spell disaster for the U.S. public.
Posted by: Fred ||
10/04/2008 00:00 ||
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#1
(Insert crude comment about Dem treason and Rep cowardice here.)
To say I'm angry about this is to be guilty of gross understatement. Every last American has been hurt by this debasement of our currency and our elected representatives don't care. Bastards.
#3
After the major dramatic drop in the stock market by the panicked, the speculators dumped their money in causing the rise by seeking safer havens for the immediate time. With the bailout, they can now pull that out to seek another market to destroy speculate. Watch for the next bubble. It will happen till the currancy collapses or the speculators resources are dried up [by permitting their resources to die in failure rather than by recovered by bailouts].
The bailout kills any serious approach to reforming Social Security because the 'system' can't work without confidence that markets be permitted to operate. The central government will in the end 'guarantee' the outcome of such proportions and everyone else will once again pickup the bill for any loses.
It also undermines objections to capital gains taxes as it will constitute the 'royalty' fee paid by American business players for using the treasury of the population for their own gains, but never their losses.
#4
This was triage. First you secure the airway and stop the bleeding, then you figure out what went wrong and go to work on that.
If we have a President McCain, we might actually figure out what went wrong. Fixing it is another matter.
If we have a President Obama, we'll never get a handle on what went wrong.
Posted by: Steve White ||
10/04/2008 12:26 Comments ||
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#5
US stocks end lower after bailout passes
It's nice to see that the Israeli press is just as market ignorant as the American press is.
Posted by: Mike N. ||
10/04/2008 12:50 Comments ||
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#6
I was talking to a girlfriend last night, a market research manager at a Fortune 500 company. She has long assumed that her retirement income will result entirely on her savings and investments, that whatever pittance she might get from Social Security, Medicaid, etc will be taken back in taxes. We grew up on the stories of old people living on dog food, and the lesson we drew was that we would have to make our own arrangements... and that we might have to support our parents in their old age as well. I grant that a sample size of one is not statistically valid, but I've also read that 30% of those aged 65-69 are still/again working, and 10% of those 70-75. Most of them seem to be cashiers and baggers at my grocery store, and they love to chat while they ring up my bananas and rye bread.
The entitlements are definitely a lump-in-the-snake problem, but I don't think there will be riots in the streets if the younger generations get considerably less back than their Silent Generation and Baby Boom elders. Even if it is discontinued completely except as a safety net for the very poorest retirees.
#7
The $100 billion in goodies was a bribe to whores Congressmen to go along with the raid on the financial future of the country bailout.
The thing that made me absolutely furious was a 400+ page document that was NOT allowed any time in the light of day before it was passed. We may just have to pass some kind of appropriation, but we need a bit of public review. This bailout legislation was the same modus operandi as the so-called immigration reform bill.
By their actions, Congress has made a permanent enemy out of me, and millions of just plain Joes like me.
This bailout is just the tip of the sh*tberg. There will be more and more, done with money we don't have, further devaluing the Dollar. Every Senator and every Representative that voted for this legislation is a criminal, in my book. They have subverted the fundamental principles of this Republic.
Posted by: Alaska Paul ||
10/04/2008 13:34 Comments ||
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#8
So the Dow went up after the initial House vote against the bailout bill. The Senate got it and added much pork (O.K. sweeteners), passed it 2/3/ to 1/3 and the stock market went down after being up. The House then got the bill and passed it and then the market went down again. Maybe the moral is that government shouldn't mess with the markets.
#11
"Every Senator and every Representative that voted for this legislation is a criminal, in my book. They have subverted the fundamental principles of this Republic."
Easy, killer. If you don't like government now, wait until unemployment hits 20-30%, then you'll get government coming out your wazoo. You won't be able to take a crap in the forest without a government permit first. Do you really want to risk that? No? Then let the bailout pass, fix the problem, and move on.
Or....you can always start a rebellion. But you go first, okay?
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.
LAS VEGAS, Nevada (CNN) -- The jury has reached a verdict in O.J. Simpson's armed robbery and kidnapping trial in Las Vegas, Nevada, a defense lawyer and a court official said Friday. The jury reached the verdict 13 years to the day O.J. Simpson was acquitted of two murders.
ANCHORAGE, ALASKA Sarah and Todd Palin underpaid their estimated taxes with an April extension and could owe interest, according to an Associated Press analysis of the couple's 2007 federal tax returns released Friday by the McCain campaign.
UPDATED: Thursday's highly anticipated face-off between Alaska governor Sarah Palin and Delaware senator Joe Biden was the most-watched vp debate of all time.
The FBI is investigating a former Illinois state senator who is a p0ker-playing buddy of Democratic presidential candidate Sen. Barack Obama. According to Chicago authorities, the FBI visited the offices in Joliet, Ill., of a Will County auditor to ask questions about Larry Walsh, a longtime friend of Mr. Obama's, and his chief of staff Matt Ryan. 
(PTI) Notwithstanding repeated US assertions that its nuclear agreement with India was a unique one based on New Delhi's impeccable non-proliferation record, Pakistan today said it wanted a similar deal with Washington.
India banned smoking in public places on Thursday, a move the government hopes will help curb the habit in a country that has one of the world's largest populations of smokers.
After the Union Cabinet took a serious view and Prime Minister Manmohan Singh expressed anguish over continuing violence against Christians in Orissa, Home Minister Shivraj Patil on Friday shot off a strongly-worded letter to Chief Minister Naveen Patnaik asking him to take effective measures and provide security for the community. 
