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(Scroll down for complete stories): 1. Rick Perry Eyeing White House Run in 2016 Texas Gov. Rick Perry's disclosure that
he's "really interested" in running for president again in 2016 has some
observers wondering if he thinks Mitt Romney won't unseat President Barack
Obama in November. In a recent interview with CBS 11 News in
Dallas-Fort Worth, Perry said: "2016 is way down the road, but I'll assure
you one thing -- if I decide to run for the presidency in 2016, I'll be in way
before the summer of 2016, 2015 even." Reporter Jack Fink asked: "It sounds like
you're really interested?" Perry responded: "Yeah, I am. I love this
country. As long as my health stays good, as it is, and my family is
supportive, I'm certainly going to give it a good examination." Perry announced in August 2011 that he
would run for president in 2012, but dropped out of the race on Jan. 9 and
endorsed Newt Gingrich. Commenting on his talk of another run in
2016, the Houston Chronicle observed: "Statements like that don't make it
seem like Perry has much faith in a Republican winning the presidential
election this November. And if he does [win], it doesn't seem like he has
much faith in Romney being a very good president." Another Romney rival for the 2012 GOP
nomination, Rick Santorum, has also suggested he is considering a run in
2016, telling Fox News: "I feel like a young man, and hopefully I feel like a
young man four years from now." As for whether Perry will run for
re-election for governor in 2014, Perry told CBS: "I'm certainly going to
give that the appropriate consideration. My instincts are very positive
towards it right now." 2. Climate Change Alarmist Recants:
'I Made a Mistake' British environmental expert James Lovelock
now admits he was an "alarmist" regarding global warming -- and says Al Gore
was too. Lovelock previously worked for NASA and
became a guru to the environmental movement with his "Gaia" theory of the
Earth as a single organism. In 2007 Time magazine named Lovelock one of its
"Heroes of the Environment," and he won the Geological Society of London's
Wollaston Medal in 2006 for his writings on the Gaia theory. That year he wrote an article in a British
newspaper asserting that "before this century is over billions of us will die
and the few breeding pairs of people that survive will be in the Arctic where
the climate remains tolerable." But in an interview this week with MSNBC,
Lovelock said a book he is now writing will reflect his new opinion that
global warming has not occurred as he had expected. "The problem is we don't know what the
climate is doing," he said. "We thought we knew 20 years ago. That led to
some alarmist books -- mine included -- because it looked clear-cut, but it
hasn't happened. "The climate is doing its usual tricks.
There's nothing much really happening yet. We were supposed to be halfway
toward a frying world now. "The world has not warmed up very much
since the millennium. Twelve years is a reasonable time. [The temperature]
has stayed almost constant, whereas it should have been rising. Carbon
dioxide is rising, no question about that. "We will have global warming, but it's been
deferred a bit." MSNBC reported: "He pointed to Gore's 'An
Inconvenient Truth' and Tim Flannery's 'The Weather Makers' as other examples
of 'alarmist' forecasts of the future." Lovelock also declared in the interview
that "as an independent and a loner," he did not mind saying, "All right, I
made a mistake," adding that university or government scientists might fear
that admission of such a mistake could jeopardize their funding. In response to Lovelock's interview, the
Climate Depot website stated: "MSNBC, perhaps the most unlikely of news
sources, reports on what may be seen as the official end of the manmade
global warming fear movement." 3. China Hacked Blueprints for U.S.
Fighter Jets Chinese hackers stole the blueprints for
America's new Joint Strike Fighter planes, the F-35 and F-22 -- an example of
cyberattacks that can "devastate our nation," a leading congressman
disclosed. "I think it's important that the American
people have a better idea of what is at risk," Rep. Michael McCaul, R-Texas,
chairman of the House Homeland Security Subcommittee on Oversight,
Investigations and Management, said at a subcommittee hearing on Tuesday. "When I look at the theft of intellectual
property to the tune of $1 trillion, that's a serious economic issue for the
United States. "When I look at countries like China,
who have stolen our Joint Strike Fighters, F-35 and F-22s, stolen those
blueprints so they can manufacture those planes and then guard against those
planes. "Make no mistake, America is under attack
by digital bombs. There are several things the American public should
understand about these attacks. They are real, stealthy and persistent and
can devastate our nation. "China's cyber warfare capabilities and the
espionage campaigns they have undertaken are the most prevalent of any nation
state actor. China has created citizen hacker groups, engaged in
cyberespionage, established cyberwar military units." In addition to stealing vital information
on America's weapons programs and security, he warned that cyberattacks could
also blow up natural gas pipelines, derail trains, hack financial systems,
and cause chemical plants to leak toxins, The Hill reported. Larry Wortzel, a member of the United
States-China Economic and Security Review Commission, told the House Foreign
Affairs Committee at a March 28 hearing that the People's Liberation Army of
China has made cyberattacks a "cornerstone" of its operations. A commission report noted that Lockheed
Martin, Northrop Grumman, and British Aerospace and Engineering have
reportedly experienced penetrations from China-based hackers in the past
three years. Newsmax reported last August that the
Internet security firm McAfee had uncovered the largest series of
cyberattacks ever -- for five years hackers infiltrated 72 organizations
including defense firms and the American government -- and security experts
pointed to China as the culprit. At Tuesday's subcommittee hearing, security
experts told the panel that Russia, Iran and North Korea are also
experimenting with cyberattacks, Voice of America News reported. They said threats to the U.S. electric
power grid and mass transportation systems could come from foreign
intelligence services, anti-American computer hackers and terrorists. 4. Obama Spends $8.3 Billion to
Hide Medicare Cuts The Obama administration is spending $8.3
billion to hide a key provision of Obamacare -- deep cuts in Medicare
Advantage -- until after the November election. Medicare Advantage offers seniors the
option of choosing private insurance companies as an alternative to the
government-run Medicare insurance program. So far 12 million seniors have
enrolled in the program. But President Obama has attacked the
program, stating in a 2009 speech that it offers "unwarranted subsidies" that
"do everything to pad [insurance companies'] profits and nothing to improve
your care." So it came as no surprise when Obama's
healthcare reform plan sliced $145 billion from Medicare Advantage over the
next 10 years. Medicare's own actuary reported that Obamacare would force
more than 7 million seniors off their private plans and back into traditional
Medicare as insurers flee the market, according to Investor's Business Daily
(IBD). To hide the cuts from seniors who would
face losing Medicare Advantage just before the November election, the
administration pumped $8.3 billion back into the program through "bonuses" to
Medicare Advantage plans. Those "bonuses" will make up for more than
70 percent of Obamacare's scheduled Medicare Advantage cuts, and keep the
program running through the election. The plan is so "transparently political"
that the Government Accountability Office has urged the Health and Human Services
Department to cancel it altogether, IBD reported, adding: "Canceling is just
the beginning. "The bigger question lawmakers must answer
is this: Can it really be legal for a Cabinet agency to spend $8.3 billion in
taxpayer money simply to help Obama get re-elected?" 5. U.S., Europe Gird for 'Carbon
Trade War' The European Union is setting off a
confrontation with outside nations -- including the United States -- by
demanding that all airlines pay a carbon tax when crossing EU airspace and
landing at EU airports. "The new EU system is portentous. It is an
extension of the continent's cap-and-trade system from domestic sources to
the international arena," according to Claude Barfield, resident scholar at
the American Enterprise Institute (AEI). "Though other nations protested as the
rules were being formulated, the new legislation went into effect on January
1, 2012" and the tax will start being collected in 2013. Significantly, the tax based on carbon
emissions will be levied not just on the miles flown in EU airspace, but for
the entire length of an aircraft's flight, Barfield reveals in an article
headlined "The First Carbon Trade War?" in The American, the journal of the
AEI. That means a Korean Air jet, for instance,
will have to pay a tax based not on the few hundred miles it flies over the
EU but over the entire trip of several thousand miles from Korea to Europe. The 27-member EU's action has produced
threats of retaliation. More than 20 nations, including the United States,
China, Russia, India, Brazil, and South Africa, have met twice to discuss
responses. The countries cited potential retaliatory actions including
banning airlines from paying the tax and imposing commensurate levies on EU
airlines flying in their airspace. China and India have already banned their
airlines from paying the tax, Russia has threatened to cancel air rights for
EU airlines flying over Siberia, and China has delayed and possibly will
cancel aircraft contracts with the European aerospace company Airbus worth
$12 billion. On the other hand, "the United States has
equivocated," Barfield disclosed. "The House passed a bill making it illegal
for U.S. airlines to comply with the EU scheme. But the State Department has
thus far resisted efforts to bring the matter before the international body
that sets rules for international airspace, the U.N.'s International Civil
Aviation Organization. "The Obama administration can drag its
heels only so long before pressure from U.S. airlines and their supporters in
Congress (particularly in an election year) becomes politically dangerous." The Wall Street Journal observed: "Europe
can help spark a global trade war nobody can afford over a tax nobody needs
in furtherance of an anticarbon nirvana that never will come to pass." 6. Germany to Publish 'Mein Kampf'
Again Germany will officially publish Adolf
Hitler's book "Mein Kampf" for the first time since the end of World War II. Hitler wrote the first part of "Mein Kampf"
("My Struggle") in 1923, while he was serving a prison sentence for
attempting to overthrow the government. The second part was written a year
later, after his release. When the war ended, the rights to the
anti-Semitic book became the property of the Bavarian state government, which
nationalized the Nazi publication house and prohibited further publication of
the work. That prohibition remains in place today.
But the rights to the book are scheduled to expire in 2015, 70 years after
Hitler's death, and there are concerns that neo-Nazi groups will begin
publishing and distributing copies of the work to advance anti-Semitic
agendas, the Israeli newspaper Haaretz reports. To counter that, the government will
publish an annotated edition of the book, containing warnings to readers
about the dangers of Hitler's racist doctrine. The government will also publish a special
version of the book for schools, which will emphasize the "worldwide
catastrophe brought about by this way of thinking," according to Bavarian
Finance Minister Markus Soeder. An English translation will be available as
well. Bavaria will ask publishers and bookstores
not to print or sell other versions of the book beside the annotated version,
according to Haaretz. Much of Hitler's 720-page book deals with the "struggle between races" and "the Jewish problem" in Germany and the rest of the world. It was originally titled "Four and a Half Years of Struggle Against Lies, Stupidity, and Cowardice." |
Insider Report from Newsmax.com
Headlines (Scroll down for complete stories):
1. New Evidence Debunks Manmade Global Warming
2. Libyans Claim Gadhafi Lied About Daughter's Death
3. After 2 DUIs, Cheney Feared a 'Bad End'
4. Renewable Energy Subsidies a 'Massive Money Sink'
5. Chinese Workers Tops at Faking Sick Days
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1. New Evidence Debunks Manmade Global Warming
New research from one of the world's most prestigious scientific organizations indicates that cosmic rays and the sun -- not manmade carbon emissions -- are the major factors influencing global climate.
"The science is now all-but-settled on global warming, convincing new evidence demonstrates, but Al Gore, the IPCC (International Panel on Climate Change) and other global warming doomsayers won't be celebrating," writes Lawrence Solomon, executive director of Energy Probe, in Canada's Financial Post.
"The new findings point to cosmic rays and the sun -- not human activities -- as the dominant controller of climate on Earth."
The findings, published in the journal Nature, come from CERN, the European Organization for Nuclear Research, one of the world's largest centers for scientific research involving 60 countries and 8,000 scientists at more than 600 universities and national laboratories, according to Solomon.
CERN -- the organization that invented the World Wide Web -- built a stainless steel chamber that precisely re-created the Earth's atmosphere.
"In this chamber, 63 CERN scientists from 17 European and American institutes have done what global warming doomsayers said could never be done -- demonstrate that cosmic rays promote the formation of molecules that in Earth's atmosphere can grow and seed clouds." And the cloudier it is, the cooler it will be, Solomon notes.
"Because the sun's magnetic field controls how many cosmic rays reach Earth's atmosphere (the stronger the sun's magnetic field, the more it shields Earth from incoming cosmic rays from space), the sun determines the temperature on Earth."
So when the sun's magnetic field is strongest, fewer cosmic rays impact the Earth, which in turn leads to decreased cloud formation and warmer temperatures.
The link between cosmic rays and global warming was first proposed by two Danish scientists in 1996, and was immediately denounced by the IPCC.
But CERN scientist Jasper Kirkby, a British experimental physicist, accepted the Danes' theory. He told the scientific press in 1998 that it "will probably be able to account for somewhere between half and the whole of the increase in the Earth's temperature that we have seen in the last century."
It took Kirkby nearly 10 years to convince the CERN bureaucracy to proceed with his plan to create the chamber that replicates the Earth's atmosphere and has produced the recent results.
But CERN "remains too afraid of offending its government masters to admit its success," observes Solomon, author of "The Deniers: The World-Renowned Scientists Who Stood Up Against Global Warming Hysteria, Political Persecution, and Fraud."
CERN told Kirkby and his team to downplay the results by stating "that cosmic radiation is only one of many parameters."
Solomon concludes: "CERN, and the Danes, have in all likelihood found the path to the Holy Grail of climate science. But the religion of climate science won't yet permit a celebration of the find."
2. Libyans Claim Gadhafi Lied About Daughter's Death
Moammar Gadhafi sought to drum up sympathy when he announced that his adopted baby daughter Hana was killed in a 1986 American airstrike, and even organized an event commemorating the 20th anniversary of her death.
But sources in Libya are now saying that Gadhafi lied about Hana's death and she is still alive.
The airstrike targeted Gadhafi's home in Tripoli in retaliation for the Libyan-sponsored bombing of a Berlin nightclub that killed two American servicemen earlier in 1986.
After the strike Gadhafi showed journalists a picture of a dead baby and claimed it was Hana. And some investigators probing the 1988 Lockerbie airliner bombing theorized that Gadhafi had ordered it to avenge her death.
But after Libyan rebels recently seized Tripoli, a hospital official told The Associated Press that Hana worked for him as a surgeon before the rebels came to the city.
"She was very tense and nervous as soon as the revolution started," said Gassem Baruni, head of the Tripoli Medical Center.
He said he used Hana's influence to secure supplies for the hospital, telling Hana he needed them to treat Gadhafi's troops when in fact he was helping the rebels' cause.
On Tuesday, Swiss officials disclosed that Hana's name had briefly appeared earlier this year on a Swiss government document listing senior Libyan officials targeted for sanctions.
Adel Shaltut, a Libyan diplomat at the United Nations in Geneva, said it was common knowledge that Hana wasn't killed in the airstrike.
"All Libyans knew from the very beginning that it's a lie," he told AP, claiming Hana was married and had children.
And Mohammed Ammar, a Tripoli resident, said his cousin graduated with Hana from medical school last year.
Adding to the mystery, however, some Libyans say they believe that after Hana's death in the airstrike, Gadhafi adopted another daughter and gave her the same name as a memorial to the first Hana.
Hana's current whereabouts, if she is indeed alive, are unknown. Her mother, sister Aisha and two brothers fled to Algeria on Monday, with their spouses and children, and she was not listed among those who had left the country.
3. After 2 DUIs, Cheney Feared a 'Bad End'
Former Vice President Dick Cheney says he arrived at a turning point in his life when he woke up in jail with a hangover after his second drunk driving arrest in a year.
The night in jail came after 22-year-old Cheney was busted in Rock Springs, Wyo., in July 1963. He had been arrested in Cheyenne, Wyo., in November 1962 for "operating a motor vehicle while intoxicated and drunkenness."
The first arrest resulted in a 30-day suspension of his driver's license and forfeiture of $150 bail, The Smoking Sun website disclosed. The second case ended when Cheney paid a $100 fine.
Cheney writes in his newly released memoir "In My Time" that after work building electrical transmission lines, he would "spend considerable time in one of the local bars" where he and his fellow workers "consumed vast quantities of beer" and "if something stronger was called for," bourbon.
The beer and bourbon combination "helps explain how I managed to get arrested twice within a year for driving under the influence," Cheney recalls.
After the second arrest, Cheney said he realized that "if I didn't fundamentally change my ways, I was going to come to a bad end."
Cheney spent several hours reflecting on the "self-destructive path I was on," then moved out of the apartment he shared with a drinking buddy, telling him: "I'm going to make something of my life."
Cheney went on to compile a resume that includes U.S. congressman, White House chief of staff, secretary of defense, corporate CEO, and vice president.
4. Renewable Energy Subsidies a 'Massive Money Sink'
Renewable energy sources such as wind and solar power are heavily dependent on government subsidies yet contribute little to America's domestic energy production, according to a new report.
The report from the Energy Information Administration, the Department of Energy's research arm, reveals that the federal government gave out $37.2 billion in direct energy subsidies in 2010, an increase of more than $19 billion over 2007.
"This 50 percent increase from three years ago confirms that federal energy favors are part of our out-of-control spending problem," Robert L. Bradley, Jr., the CEO and founder of the Institute for Energy Research, writes in Forbes.
Of the $19 billion increase, additional subsidies for renewable energy sources amounted to more than $9 billion, a 186 percent increase. Subsidies for renewables now total more than $14 billion.
Wind power was a major recipient of federal energy funds, taking in nearly $5 billion in subsidies last year -- a more than tenfold rise from 2007. Solar energy rose to $1.13 billion, and biofuels (ethanol) rose to $6.6 billion.
"Funneling money into renewables is certainly politically popular," Bradley observes.
"But at the end of the day, someone ought to ask: What exactly do green firms have to show for all that money? And the truth is: Not much."
Wind power today represents just 1.2 percent of total domestic energy production, despite the billions of dollars in subsidies.
"The reality is that, up to this point, renewable energy has been a massive money sink," according to Bradley, author of the book "Edison to Enron: Energy Markets and Political Strategies."
"Green energy is all red when it comes to consumers and taxpayers."
Robert Bryce, senior fellow at the Manhattan Institute, also pointed out the shortcomings of wind power in an article for National Review Online.
He noted that Texas has more than 10,000 megawatts of wind-generation capacity, yet during a particularly hot four-day period, the state's wind turbines produced no more than 2 percent of the total power demand even though their capacity is to produce nearly 15 percent.
That's because of a "dirty little secret," according to Bryce: "When power demand is highest, wind energy's output is generally low. The reverse is also true: Wind-energy production is usually highest during the middle of the night, when electricity use is lowest."
Bradley concludes: "If wind or solar or biofuels truly represent a revolution in American energy, that's great -- but let them compete on the open market. If these sectors can pump out low-cost, efficient energy, customers can be trusted to buy it."
5. Chinese Workers Tops at Faking Sick Days
In a surprising disclosure, a new global survey on employee absenteeism reveals that the country where workers are most likely to call in sick when they aren't is China.
The survey by The Workforce Institute at Kronos Incorporated -- a leading workforce management firm -- found that 71 percent of employees in China admit to calling in sick when they are not actually ill.
France had the smallest number, 16 percent, while the United States had 52 percent. Other nations in the survey were India (62 percent), Australia (58 percent), Canada (52 percent), the U.K (43 percent), and Mexico (38 percent).
When respondents were asked why they had taken a day off and falsely claimed they were sick, the overwhelming response in every country was that workers felt "stressed/needed a day off."
Other reasons include the need to take care of a sick child and not having enough paid leave.
Most respondents in the survey -- conducted by Harris Interactive -- said they spent their "sick" day in bed or watching television; workers in India and Mexico said they also spent time meeting with friends or relatives.
Nearly half of Chinese workers surveyed, 45 percent, said that providing more paid time off to employees would discourage taking days off with a feigned illness; 34 percent of Americans and just 12 percent of Mexicans agreed.
Employees in every country said given the opportunity to work from home and the option of taking unpaid leave would also discourage bogus sick days.
"This survey provides a fascinating look at the issue of absenteeism around the world," said Joyce Maroney, director of The Workforce Institute.
"It is interesting to see both the many similarities between regions and the marked differences."
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Insider Report from Newsmax.com Headlines (Scroll down for complete stories):
1. Fuel Economy Standard ‘Kills People’ The Obama administration on July 29 announced a new fuel economy standard that requires automakers to boost their fleets’ miles per gallon by 5 percent a year until they reach 54.5 mpg by 2025. The standard is designed to save thousands of dollars in fuel costs over the life of a vehicle, but critics say it will have another effect: a rise in motor vehicle deaths. The president reportedly has secured agreements from General Motors, Ford, Chrysler, Honda and Hyundai to raise the Corporate Average Fuel Economy (CAFE) to 35.6 in 2016 and to the higher figure nine years later, although the standard will be reviewed in 2018. To increase their vehicles’ fuel economy, automakers will have to reduce their weight. “So prepare to say goodbye to sport utility vehicles, pickups and minivans, the very vehicles millions of American families and businesses must rely upon every day,” the Washington Examiner observed in an editorial. “By far the worst result, however, will be the fact that thousands will die because Obama, fanatical Big Green environmentalists, and their allies in the federal bureaucracy care more about removing micro-amounts of emissions than they do about the safety and convenience of people on the roads.” Sam Kazman, general counsel of the Competitive Enterprise Institute, a nonprofit think tank, called CAFE “a regulation that, plain and simple, kills people.” A National Highway Traffic Safety Administration study in 2003 estimated that for every 100 pounds of weight removed from a car weighing under 3,000 pounds, the death rate rises more than 5 percent. A study by the National Academy of Science found that lighter vehicles required to satisfy CAFE — which was first enacted in 1975 — were responsible for up to 2,600 highway deaths a year. And data from the government’s Fatality Analysis Reporting System, analyzed by USA Today, concluded that 7,700 people died for every one additional mpg attributed to CAFE regulation. The Examiner concludes: “If CAFE standards were produced by a public corporation or small business instead of the federal government, the families of those killed by the regulations would have a prima facie case for a class-action lawsuit.” 2. China Attacks U.S. on Debt Debate The Chinese government’s official mouthpiece has published a commentary attacking the United States for its handling of the debt crisis. The opinion piece published on Xinhua, the state-run news wire, chided the U.S. for its “debt addiction” and said it was “time for Washington to revisit the time-tested common sense that one should live within one’s means.” The commentary went on to say that American politicians need to “conduct an in-depth self-examination” and decide how to “shake off electoral politics and get difficult jobs done more efficiently.” The article also called the battle between Democrats and Republicans over how to resolve the debt ceiling crisis “dangerously irresponsible.” The prospect of a U.S. debt default unnerved global investors because it would hobble the global economy and roil financial markets by raising bond yields and borrowing costs, a point stressed by Xinhua. China is the largest foreign holder of U.S. government debt, with an estimated 60 to 70 percent of its $3.2 trillion foreign exchange reserves in American assets. The Financial Times observed: “China has little choice but to continue investing in U.S. assets because no other market is big enough to support its purchases.” 3. Environmentalists Blamed for Deadly Bedbug Plague Government policies on the use of pesticides have led to a resurgent population of bedbugs — including some that carry a deadly antibiotic-resistant germ. Bedbugs had been almost completely eradicated in the United States for half a century through the use of the now-banned pesticide DDT, but their population has grown rapidly during the past decade, overwhelming hotels, hospitals, schools, and apartment buildings, according to a report from the Heartland Institute. Canadian researchers have recently discovered bedbugs carrying methicillin-resistant Staphylococcus aureus (MRSA). MRSA is a bacterial infection that is highly resistant to some antibiotics and can be deadly if it reaches the bloodstream. H. Sterling Burnett, a senior fellow with the National Center for Policy Analysis, blames the bedbug resurgence on “poor policy decisions.” He told Heartland Institute: “Most households have never seen a bedbug before now. But in the early 1970s, the government banned the pesticide DDT, and now we’re seeing bedbug infestations in European and North American cities. “This is another legacy of Rachel Carson’s ‘Silent Spring,’ the 1962 book credited with starting the environmental movement, leading to the ban of DDT. “By banning DDT, we’ve killed people in developing countries through the spread of malaria. Now we’re subjecting the U.S. population to bedbugs and other pests and vermin. “Government should lift the ban on DDT and other pesticides that are effective in treating pests like bedbugs.” Angela Logomasini, director of risk and environmental policy with the Competitive Enterprise Institute, agrees. “We had eradicated bedbugs in the past, then we banned DDT for home use, and now they’re back. I think this policy needs to be reevaluated.” She also said, “We need a better regulatory environment. Rather than removing products from the shelves, which is where we are today because of the precautionary principle, more evaluation and experimentation is needed.” 4. Iran’s Revolutionary Guards Commander to Head OPEC In what Iran is touting as a “blow to the West,” a senior official with the nation’s Islamic Revolutionary Guard Corps is taking over as the new head of the OPEC oil cartel. Iranian President Mahmoud Ahmadinejad named as his oil minister Brig. Gen. Rostam Ghasemi, who heads Khatam al-Anbia (KAA), an industrial giant owned by the Revolutionary Guards, and he was approved by Iranian lawmakers on Wednesday. Ghasemi’s position as oil minister means he will preside over OPEC meetings this year, because Iran holds the rotating presidency of the 12-country cartel. KAA has been targeted for international sanctions for activities relating to Iran’s nuclear program, the Guardian reported. Ghasemi himself was added to the U.S. Treasury Department’s list of Specially Designated Nationals whose assets are frozen. Ghasemi cannot do business with Americans. A Revolutionary Guards spokesman called the approval of Ghasemi as oil minister “a meaningful and crucial response to the attacks against the Guards from the West’s media empire.” And an Iranian lawmaker was quoted as saying a vote for Ghasemi would be a vote for Iran’s “history of resistance.” Britain’s Telegraph observed that “the fate of world oil prices could rest in the hands of a man who has devoted his whole life to opposing the West. Oil prices are high enough as it is, and the prospect of Iran using oil prices to hold the world to ransom is something that should give all of us sleepless nights.” OPEC’s 12 nations, including Saudi Arabia and Iraq, account for about 79 percent of the world’s crude oil reserves and 44 percent of world production. In 1973, Arab members of OPEC placed an embargo on oil exports to the United States and Western Europe in response to the West’s resupply of Israel during the Yom Kippur War. 5. U.S. Customs: 500,000 Troops Needed to Seal Border U.S. Customs and Border Protection Commissioner Alan Bersin has essentially thrown in the towel on efforts to completely seal the U.S.-Mexican border, saying that would require up to half a million troops. Speaking at an event sponsored by the Center for American Progress (CAP) on Thursday, Bersin said: “We would need on the order of about 400,000 or 500,000 border patrol agents to seal the border.” Those agents would have to be stationed “25 yards” apart along the entire length of the border, he said, adding that Americans would not want to pay “the costs that would be involved.” CAP immigration policy director Marshall Fitz said for “the average American, who doesn’t think a lot about this and considers the United States the most powerful country in the history of the world,” it might not seem “unrealistic to think that we could actually seal the border,” CNS News reported. He said Congress’ passing of the Secure Fence Act of 2006 “suggests that that is viable,” but called that aim unrealistic. Bersin said he favored “satisfactory” control of the border. But he insisted that the border is safer than it ever has been, and a CAP report authored by Fitz was cited to back that assertion. In the Tucson, Ariz., sector, which has the highest number of illegal crossings, 616,346 people were taken into custody in 2000, the report noted. In 2010, “only” 212,202 were taken into custody. |
Wow, looks like NOBODY is happy in the wake of Standard & Poor's decision to finally lay the smack down on Red Barry's profligate ass.
This decision by S&P is the latest consequence of the out-of-control spending that has taken place in Washington for decades. The spending binge has resulted in job-destroying economic uncertainty and now threatens to send destructive ripple effects across our credit markets.
Republicans have listened to the voices of the American people and worked to bring the spending binge to a halt. We are no longer debating how much to spend, but rather how much to cut. Unfortunately, decades of reckless spending cannot be reversed immediately, especially when the Democrats who run Washington remain unwilling to make the tough choices required to put America on solid ground....The administration and Democrats in Congress had sought an increase in the debt limit without any spending cuts or reforms. Republicans made clear the American people would not tolerate that and fought for the largest spending cuts possible. With the Budget Control Act, we made a positive first step toward reducing the debt, but much more must be done.
In May, I warned, ‘if we don't act boldly now, the markets will act for us very soon.’ It is my hope this wake-up call will convince Washington Democrats that they can no longer afford to tinker around the edges of our long-term debt problem. As S&P noted, reforming and preserving our entitlement programs is the ‘key to long-term fiscal sustainability.
Fat chance, Mr. Speaker. At best, Dems are blind guides, hopelessly welded to their rancid, discredited, destructive, quasi-religion, unable to abandon it and unwilling to even consider trying. To do so for them would be to commit ideological suicide, and that they will not do. At worst, everything, to quote Emperor Palpatine, is unfolding according to plan.
Which makes the ChiComms' reaction most....intriguing:
China said Washington only had itself to blame and called for a new stable global reserve currency.
"The U.S. government has to come to terms with the painful fact that the good old days when it could just borrow its way out of messes of its own making are finally gone," China's official Xinhua news agency said in a harshly worded commentary....
China roundly condemned the United States for its "debt addiction" and "short sighted" political wrangling and said the world needed a new stable global reserve currency.
"China, the largest creditor of the world's sole superpower, has every right now to demand the United States address its structural debt problems and ensure the safety of China's dollar assets," the Xinhua commentary said.
It urged the United States to cut military and social welfare expenditure. It also said further credit downgrades would very likely undermine the world economic recovery and trigger new rounds of financial turmoil.
"International supervision over the issue of U.S. dollars should be introduced and a new, stable and secured global reserve currency may also be an option to avert a catastrophe caused by any single country," Xinhua said.
So now we're being lectured about fiscal responsibility by the world's largest remaining communist power, as well as a regime that is inflating its own funny-money currency like the Hindenburg in order to cover up its own collapsing economy. Obamunist dreams really do come true.
Kind of reminds me of this glimpse of the future:
Gotta give Beijing credit; they figured out decades ago what the Soviets never did: the way to get leverage over a capitalist enemy isn't by trying to out-arm (and therefore out-spend) them, but by becoming their bankers. And their kung fu is strong, indeed. Not that The One needed any encouragement to shutter the Pentagon.
If there's any silver lining in this debacle, it's that this might mean his early exit to the ol' driving range:
The downgrade of the U.S.’s AAA credit rating by Standard & Poor’s darkens President Barack Obama’s re-election chances...
S&P’s move deals a blow to Obama’s political standing by giving Republican presidential candidates the chance to attack him for being the first U.S. president to preside over a downgrade, said Ross Baker, a political scientist at Rutgers University in New Brunswick, New Jersey....
Republican presidential candidates who were quick to jump on Obama following the downgrade included former Massachusetts Governor Mitt Romney, the frontrunner in most polls, and U.S. Representative Michele Bachmann of Minnesota, who voted against the deficit-reduction deal enacted this week that prompted the S&P downgrade.
“America’s creditworthiness just became the latest casualty” in Obama’s “failed record of leadership on the economy,” Romney said in a statement. The downgrade is “a deeply troubling indicator of our country’s decline under” the president, he said.
Bachmann said S&P’s action “is a historically significant and serious event for the United States.” Obama “has destroyed the credit rating of the United States through his failed economic policies and his inability to control government spending by raising the debt ceiling,” she said in a statement.
And the punchline?:
Obama, who left for the Camp David presidential retreat in Maryland hours before the downgrade was made public, didn’t immediately issue a response.
Well, you know the old saying: He who cuts and runs away lives to demagogue another day.
Or perhaps this is his version of a victory lap. After all, this is the crisis he's been waiting for. Even if he can't escape the fallout, he can take solace in having accomplished his "transformative" mission.
Makes you wonder if he and Scherherazade and the girls found a "Mission Accomplished" banner waiting for them when they arrived.
"China Fingered (in Massive Series of Cyber Attacks)"
What would Joanie Laurer say? In this case, probably "ouch":
Experts are calling for greater Internet security measures in government in the wake of a massive wave of global cyber attacks that saw two Canadian government agencies' computer systems infiltrated by what experts suggest was an espionage operation.
A report by Internet security company McAfee said the attacks — which spanned at least five years — likely were perpetrated by a foreign government and could be very costly for Canadian firms competing in the global marketplace.
The report, released Wednesday, said that if even a fraction of the stolen data "is used to build better competing products or beat a competitor at a key negotiation . . . the loss represents a massive economic threat."...
The Canadian government was among 72 organizations, including the United Nations, U.S. government, defence contractors and other international companies, that were compromised, said the report.
Sure sounds like a ChiComm operation to me. It's advanced, technically advanced, and so far under the radar the we're only discovering the Canadians had to discover it for us.
Shall we revisit the prophetic prognostications of Lev Navrozov?:
[L]et us recall that England became in the 17th century a strong military power due to its Industrial Revolution (spinning and weaving machines, Watt’s steam engine, the railway locomotive, and the factory system with its assembly lines). Arms that used explosives were called “firearms.” That was what war was like for about four centuries, including the past century: steel contraptions blasted out — by means of explosives — bullets, shells, bombs, etc., to kill enemy soldiers and destroy enemy installations.
Nano-weaponry makes it all as obsolete as firearms made bows obsolete in the 17th century....
All this may seem miraculous in 2008 just as firearms seemed miraculous in 1646. Yet the new epoch has come: The future world war will be a war of nano-weapons, not of firearms.
The advent of the epoch of firearms was fostered by the Industrial Revolution. There is no such nano-machinery revolution that would foster the production of nano-weaponry. My readers ask me where they can see nano-weapons as they can see firearms. Devoted to new weapons in all countries is the book Oblivion: America at the Brink by Lt. Col. Thomas Bearden (U.S. Army, retired). Bearden believes that the United States is “at the brink” in this respect. “If we are to survive, we shall need the most strenuous and rapid effort in our history, now.”
That quote was from....September 8th, 2008. Makes Lieutenant Colonel Bearden's words almost tragic, doesn't it?
Ever see Terminator III: Rise of the Machines? Think of General Brewster as Red Barry, and the ChiComms as Skynet. The only question for the rest of us is whether we can make it to Crystal Peak in time.
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| May 4, 2011 |
School Vouchers WorkD.C. Opportunities Scholarship voucher recipients had graduation rates of 91 percent, compared to the D.C. public school average of 56 percent... WALL STREET JOURNAL Inflation Rate in China Reaches Tipping PointChina's reported inflation rate on consumer goods rose to 5.4 percent in March, but its implied inflation rate is 8.4 percent, suggesting China is underreporting its inflation rate... AMERICAN ENTERPRISE INSTITUTE Technology Growth and Expenditure Growth in Health CareEconomic and political resistance in the United States to ever-rising tax rates will likely slow health care cost growth, with uncertain effects on technology growth... NATIONAL BUREAU OF ECONOMIC RESEARCH Control Spending Before Raising the Debt LimitTo put the United States on a path to financial responsibility Congress must cut current spending, restrict future spending and fix the budget process... HERITAGE FOUNDATION Green Energy in SpainSince 2000 Spain has spent 571,138 euro ($848,202) to create each "green job"... THE AMERICAN |
| April 26, 2011 |
Intercity Bus Makes a ComebackThe comeback of the intercity bus is noteworthy because it is taking place without government subsidies or as a result of efforts to promote energy efficient transportation... NEW GEOGRAPHY/DEPAUL UNIVERSITY Accountable Care Organizations Won't Deliver Better Health CareAccountable care organizations will not only fail; they will most likely exacerbate the very problems they set out to fix... HERITAGE FOUNDATION Hold the Accolades on China's "Green Leap Forward"China was responsible for half of the world's production of solar panels in 2010, but only 1 percent was installed there... WASHINGTON POST Who Owns the Fed?The Fed's vaunted independence is a good thing, but independence trades off against accountability... FREEMAN ONLINE Health Reform and Medical Malpractice ReformWhy did the Patient Protection and Affordable Care Act not emphasize malpractice reform as a more important component of health care reform?... AMERICAN ENTERPRISE INSTITUTE |
| April 21, 2011 |
Effect of High-Deductible Health Plans on Medically VulnerableThe medically vulnerable enrolled in high-deductible health plans are at no more risk for cutting back on needed health care than others who enroll in the plans... RAND CORPORATION Natural Gas Will Fuel the FutureNatural gas will be a key fuel of the future... MANHATTAN INSTITUTE Are Democratic Presidents More Successful than Republican Presidents?Party differences in economic performance are shown to be the effects of economic conditions inherited from the previous president... UNIVERSITY AT BUFFALO "Great Garbage Patch" not so GreatThere's no great mass of plastic bags the size of Texas; research has established that the reality is closer to 1 percent of the state's size... REASON FOUNDATION Look to China to Cut Carbon Dioxide EmissionsEmissions of what are considered the six main greenhouses gases fell 6.1 percent in 2009 from their 2008 levels... INVESTOR'S BUSINESS DAILY |
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