Friday, October 3, 2008


[NOTE: all Policy Position comparisons can be found by going HERE - or by typing "policy positions" {in quotes!} in the Search Blog box in the upper left corner of page.]

Policy Positions Re: EDUCATION


MCCAIN ON EDUCATION


No Child Left Behind:


  • McCain calls the law "a good beginning" and believes that it is adequately funded, although he would funnel more of the money directly to school principals and tutoring services, bypassing state and local officials.
  • He would also focus existing federal education dollars on expanded tutoring and school-choice programs for children in low-performing schools, alternative ways to recruit and certify teachers and online education.
  • He wants to change the way schools test special-education students and those learning English, and backs tests that measure students' academic progress over time.
  • He has not rejected No Child's annual reading and math testing requirement or the law's tough consequences for schools in which children continue to struggle.

School choice:

  • McCain promises "school choice for all who want it" and champions charter schools and private-school vouchers, but his plan is limited to expanding the D.C. Opportunity Scholarship Program to provide vouchers to nearly 3,000 poor students in underperforming District of Columbia schools.
  • He has long favored allowing states to operate their own voucher initiatives but opposes the creation of a federal program.
Teacher quality:

  • McCain advocates merit pay for teachers based primarily on raising students' test scores and bonuses for those who work in underprivileged schools; wants to open the profession to would-be teachers from other fields.
  • He would redirect funds from other NCLB teacher programs and send the money to schools to focus on enhancing teachers' instructional strategies and ability to meet students' academic needs.
http://www.nationaljournal.com/njmagazine/nj_20080830_3632.php



OBAMA ON EDUCATION


No Child Left Behind:

  • Obama endorses the law's goals of raising academic standards, holding schools accountable for educating all children and putting a good teacher in every classroom, but he would use more measures than just standardized tests to gauge academic success.
  • He would pour $8 billion in additional annual funding into the law, mostly for teacher quality initiatives; he would add after-school, drop-out prevention, and college readiness and summer programs to help poor and minority students.
  • He calls on parents to do their part.
School choice:

  • Obama supports allowing students in failing schools to transfer to magnet or public charter schools.
  • He opposes vouchers for private and religious schools.
Teacher quality:

  • Obama supports merit pay for successful teachers based on a range of factors, including test scores.
  • He backs incentive pay for teachers in disadvantaged schools, for those who teach hard-to-staff subjects like math and science and for those who mentor novice teachers - as long as differential pay plans are developed cooperatively by local school districts and teachers.
Early childhood education:

  • Obama would spend an additional $10 billion a year on Early Head Start, Head Start and block grants to cover child care for low-income families.
  • His plan for educating children from birth to age five features matching grants for states to adopt or expand early child care and early-education programs and to offer voluntary universal preschool.

http://www.nationaljournal.com/njmagazine/nj_20080830_3632.php

Thursday, October 2, 2008

ABC Highlights 'Palin Problem;' Has Ignored Biden Gaffes

"Good Morning America" reporter David Wright on Monday highlighted the specter of the "Palin Problem" for John McCain and asserted that Alaska Governor Sarah Palin's advisors "are trying to lower expectations. But even among some conservatives, expectations couldn't be any lower."

Yet, while the ABC morning show mentioned the supposed struggles of the Republican vice presidential candidate, the program has ignored embarrassing gaffes from Senator Joe Biden.

[what bias?]

READ MORE

Moderator debate

Can Gwen Ifill be impartial???

Her book about Barack Obama is scheduled to be released on the day of the next Presidential inaugural. If McCain wins, her book will go over like a fart in church. If Barack wins, she has won the lottery. Clearly she has a huge financial stake in Obama winning.

Why should we trust her? It is not like she disclosed to the debate commission that she was writing this book.

Oops. I forgot she is part of the 'mainstream' media so we are supposed to look the other way.

READ MORE

‘Most Iraqi People Say President Bush Is a Hero,’ Immigrant Says

Benny Aldosakee left Iraq five months ago, after getting special immigration status through a federal law that allows some translators who worked with the United States in Iraq or Afghanistan to come to America. Aldosakee said that most Iraqis are grateful to President Bush and the U.S. military for removing dictator Saddam Hussein and that the many in the major media, here and abroad, are misinforming people about Iraq and the Middle East.
READ MORE

Nuclear Terrorism Is No. 1 Threat, ElBaradei Says

Vienna - The likelihood that terrorists will detonate a nuclear weapon poses the greatest risk to world security, surpassing proliferation threats from Iran and North Korea, United Nations atomic chief Mohamed ElBaradei said. ''There is a lot of interest on the part of extremist groups to obtain nuclear material,''.

The IAEA, established in 1956 under the slogan ''Atoms for Peace,'' said it's becoming easier for groups and countries to access nuclear secrets...

[which they'll just walk across our open border. GWOT will be won or lost on the intelligence needed to interdict a WMD attach - with it we'll likely win, without it we could lose.]

READ MORE

Islam convert gets 35 years in plot to attack mall

Chicago - A 24-year-old convert to Islam has been sentenced to 35 years in prison for plotting to blow off hand grenades in a crowded shopping mall during the Christmas season. Derrick Shareef must serve 30 of those years - with five off for good behavior - unless he can get an appeals court to reduce the sentence. He was arrested in 2006 on charges of scheming to use weapons of mass destruction

[GWOT]

READ MORE

Shut up, Arab style

Not since the Nazi book burnings of the 1930s has free speech been as endangered as it is today. Firebombing publishers, murdering filmmakers, issuing death threats against writers and cartoonists, suing researchers, restricting freedom of expression through the U.N. -- these are some of the ways militant Islamists, their enablers and apologists, are seeking to silence their critics.

Intimidation is another. It operates on campuses and within the Foreign Policy Establishment. A recent experience may be instructive...[snip]

Is there a threat to free speech in their acquiescence to the charge that it is not "legitimate" to criticize the hate speech emanating from Saudi Arabia - a country whose oil-rich citizens continue to fund terrorism around that world? You're entitled to make up your own mind -- for now at least.

[Recommended > ]

READ MORE

The Washington Post's double standard on religious cartoons

The Washington Post ran this Oliphant cartoon, insulting to Pentecostals (and Palin):
Some time ago when asked why the paper refused to print the Mohammed cartoons the paper responded:

"It would violate our standards for taste to publish them. We keep many things out of the paper on those grounds, including gratuitous nudity, violence, obscenity and racial, ethnic and religious slurs."
Do you suppose Pentecostals would fare better if they threaten to behead the Post's editors. Just asking.

READ MORE

College bans 'Christmas' and 'Easter' from calendar for fear of offending ethnic students

[HT:MD]
A college has renamed the traditional Christmas and Easter breaks in a bid to avoid offending students from other religions. The college's new calendar shows that both of the traditional holiday periods have now been re-branded as 'end of term breaks'.

READ MORE

Separatist Passions Heating Up in Russia's North Caucasus

While Georgia's separatist enclaves Abkhazia and South Ossetia celebrate formal recognition of their independence by Russia, hardly a day goes by without bloodshed in North Caucasus regions Ingushetia and Dagestan. Since the murder of Ingush opposition journalist Magomed Yevloyev in August, calls to break away from Russia have grown louder in Ingushetia.

"We must ask Europe or the US to separate us from Russia," Khasbiyev told the liberal Moscow radio station Ekho Moskvy. "If we aren't acceptable to this country, we don't know what else we should do."
The situation in the North Caucasus republics has became greatly more agitated since the war between Russia and Georgia in the South Caucasus.

READ MORE

Bush assures Lithuania on NATO commitments

Washington - President Bush assured Lithuania on Monday that the United States will stand by its NATO commitments to Baltic countries at a time of rising tensions with Russia. In an appearance with Bush at the White House, Lithuanian President Valdas Adamkus thanked him for U.S. support and said he would like a more visible U.S. presence in the Baltics.

READ MORE

UK SEEKING CO2 TRADING INCREASE

The United Kingdom wants the rights to buy its way out of half its CO2 reduction targets, and they are not alone. Other European Union (EU) nations believe they should be allowed to trade away 50 percent of their emissions reductions -- up from the 30 percent currently allowed, says the BBC News. [snip]

The dispute centers on the credibility of the system used for trading international carbon permits -- the Clean Development Mechanism (CDM) -- arranged under the Kyoto Protocol, which allows rich countries to offset some of their emissions reductions by purchasing carbon credits which backer claim help developing countries get clean technology.

However, CDM is under fire because some investors are obtaining credits for projects in countries where they would have been built anyway, meaning that no CO2 is saved. Various reports suggest that up to 60 percent of CDM projects do not save additional CO2.

[so if it's not saving on dreaded CO2, why do it? A: the (huge, huge sums of) money. This thing is a scam from back to front - and coming to a United State near you soon...]

READ MORE

Governor signs anti-sprawl bill

California
Gov. Arnold Schwarzenegger signed a landmark bill Tuesday to discourage sprawl in future decades, completing a deal among environmentalists, homebuilders and local governments on the final day of bill signing.

Senate Bill 375, by Democratic Sen. Darrell Steinberg of Sacramento, will push California communities to consider climate change impacts of development in regional planning, with an emphasis on reducing car travel.

The bill requires the California Air Resources Board [CARB - Lord save us] to set regional targets by September 2010 for reducing greenhouse-gas emissions. The state will use its annual $5 billion pot of transportation money to 'encourage' regions to embrace compact residential development.

[standard of living? not a factor. the scam grows...]

READ MORE

Act hastily, roo the scare tactics

I don't want to eat kangaroo. Ever. It's dark, chewy, gamey and smelly. But, says Ross Garnaut, the Government's economics guru on climate change, kangaroo is what we will all have to eat in a few years. Beef and lamb will be reserved only for the very wealthy in the brave new future he envisages, in which Australia leads the world on tackling climate change.

[a mechanism for controlling everything]

READ MORE

GETTING OIL FROM A STONE

Exxon Mobil's CEO Rex Tillerson says his energy company's "corporate social responsibility" is to produce more energy. While Congress wants to tax oil profits, he wants to spend them to find more oil. It is irresponsible to ignore the growing energy requirements of the U.S. and world economy, hoping they will be met by 'alternative' sources. Instead, the United States should focus on developing its existing oil deposits, currently trapped in oil sands and shale rock. There are many such locations:

  • Exxon is spending $8 billion of its profits on the Kearl oil sands project in Alberta, Canada, an area with an estimated 173 million barrels of crude oil; this project alone is aimed at recovering between 4.5 and 6.5 billion barrels of oil.
  • Oil is also trapped in the shale in the Bakken Formation, straddling western North Dakota and Montana; the Bakken Formation holds an estimated 500 billion barrels of recoverable oil, according to Leigh Price, a scientist with the U.S. geological survey.
  • A Rand Corporation study says the Green River Formation, which covers parts of Colorado, Utah and Wyoming, has the largest known oil shale deposits in the world, holding from 1.5 to 1.8 trillion barrels of crude; roughly triple Saudi Arabia's current known reserves.
  • According to the Institute for Energy Research, the United States has 2 trillion barrels of oil shale; this is more than 7 times the amount of crude oil reserves found in Saudi Arabia, and is enough to meet current U.S. demand for over 250 years.
If full-scale production begins within five years, the United States could completely end its dependence on OPEC by 2020, In fact, there is enough North American petroleum trapped in oil sands and shale rock to form our own OPEC...

[ALL put permanently off limits in Congress' latest 'energy' bill {stalled, but not dead}]

READ MORE

Good news {kind of} and bad news...

.
UK: Citizens get legal right to defend themselves
Citizens have for the first time been given the legal right to defend themselves against burglars and muggers free from fear of prosecution.
.....They will be able to use force against criminals who break into their homes or attack them in the street without worrying that "heat of the moment” misjudgements could see them brought before the courts.
.....The new laws follow a growing public campaign for people to be given the right to defend themselves and their own homes in the wake of a number of high profile cases...
[given the legal right to defend themselves?]
READ MORE

Brits Urged to Leave Sheds Open for Thieves
London – Bristol City Council is urging people to leave their sheds open because padlocks could lead to thieves forcing their way through doors and windows of the council-owned sheds to steal garden equipment. The council said that its new initiative could save taxpayers' money because fewer sheds would have to be repaired or replaced.
[it's called capitulation]
READ MORE

Obama, Not Bush, The Quasi-Fascist On Free Speech

Barack Obama poses as a champion of true American values. He sees himself as "a symbol of the possibility of America returning to our best traditions." In reality, though, Barack Obama is just another in a long line of Chicago-style, free speech-squelching political thugs springing from the festering pit of Democratic machine politics.

His supporters run roughshod over legitimate criticisms of Obama. "I want you to argue with them and get in their face," Obama tells his backers. In August, Obama encouraged his followers to shut down the WGN Chicago radio with David Freddoso, author of "The Case Against Barack Obama." Spurred to action by a mass e-mail from the Obama campaign the Obama supporters jammed the WGN phone lines, forcing the show to a standstill.

Most importantly, though, his legal team threatens anyone who doesn't support the One with lawsuits and prosecution...[snip]

This week, two state prosecutors in Missouri proclaimed that they were joining an Obama "truth squad." Jennifer Joyce and Bob McCulloch, the top prosecutors in St. Louis, city and county, respectively, announced that they would "respond immediately to any misleading advertisements and statements that might violate Missouri ethics law."

[no mention of slanders against McCain - just Obama]

READ MORE

Obama Pressures Stations to Drop NRA Spot

The Obama campaign’s effort to pressure TV stations in Pennsylvania and Ohio to stop airing a National Rifle Association ad is ''frightening'' and ''dangerous,'' a campaign expert said.

''When a candidate threatens a broadcaster with government sanction over the content of an ad, it is very worrisome to the First Amendment and the guarantee of free political debate,''
said Sean Parnell, president of the Center for Competitive Campaigns

READ MORE

THE TORT BAR'S COMEBACK

After 20 years of state and federal efforts to reform a runaway legal system, the trial bar is reviving the monster, says the Wall Street Journal.

At the federal level, lawyers and law firms invested in 2006 more than $85 million to get pro-lawsuit Democrats elected. Congress's new leadership has begun a political repayment plan -- packing legislation with provisions to increase the number and size of lawsuits.

The trial barons are making more progress at the state level, as described in a report by the American Tort Reform Association.

  • In last year's legislative session, Michigan lawmakers proposed repealing safeguards for prescription drug providers.
  • The trial bar's big coup was in Colorado, where Democratic Governor Bill Ritter signed a law increasing previous limits on noneconomic damages.
Lawyers have also been laboring to create opportunities for more lawsuits, more money and more time to sue, says the Journal:
  • Last year, Alabama saw legislation that would allow a tort claim to continue even after a plaintiff had died, while California proposed authorizing lawsuits for any violation of privacy.
  • New Mexico and New Jersey passed laws authorizing citizens to file "false claims" suits on behalf of the state -- in effect turning private individuals into state bounty hunters.
The tort bar sees 2008 as the real prize; it has already thrown $107 million toward increasing Democratic majorities.

READ MORE

BUT SHALL IT PREVAIL?

Unless we curb present levels of mass immigration, Americans are likely to live in a more conflict-ridden, less cooperative, less advanced, more unequal, higher-taxed, and more government-heavy society, says author Mark Krikorian, in his new book, "The New Case Against Immigration: Both Legal and Illegal."

These effects are fundamental:

  • Mass immigration -- because it is, in effect, a policy of importing poverty -- overstrains government services from Medicare to education even as it hikes the tax burden.
  • Innumerable studies show, for instance, that immigrants and their children account for most of the rise in those lacking health insurance.
  • Hospitals across America have been closing their accident and emergency departments in order to avoid the bankruptcy caused by having to treat such patients; hence one result of mass immigration will likely be some form of socialized medicine.
  • But the additional taxation paid by immigrant workers will not equal the costs they impose for about 300 years.
Mass immigration, explains Krikorian, has damaging effects on matters as diverse as national security and automation.

READ MORE


[which shows that illegals will self-deport when the financial attraction {employment} is removed]
.

Teachers asked to remove Obama buttons in class
California
SOQUEL -- Teachers at Soquel High School have agreed not to wear "Educators for Obama" buttons in the classroom after a parent complained that educators were attempting to politically influence his daughter and other students. John Hadley, an importer of South African goods, called the school to complain Friday after his 16-year daughter Teegan returned home and reported that she had seen several teachers wearing the buttons.

[what has happened to our education system that teachers have to be told it's inappropriate to wear political buttons to class?]

READ MORE

A maligned law that's working

Guess what? Because of the much-maligned No Child Left Behind law, fewer children are being left behind in America's public schools, and you can thank the even more maligned president of the United States for that. George Bush, after all, was the prime proponent of this idea of holding schools accountable through testing students, and pursued its implementation in a bipartisan spirit.

READ MORE

Nobel literature head: US too insular to compete

STOCKHOLM, Sweden - Bad news for American writers hoping for a Nobel Prize next week: the top member of the award jury believes the United States is too insular and ignorant to compete with Europe when it comes to great writing.

Counters the head of the U.S. National Book Foundation: "Put him in touch with me, and I'll send him a reading list."

[we're not insular - we're just American first, and that's not European enough for , well, Europeans {remember: when EUNuchs say 'international' or 'world' or 'global' they mean 'like Europe'. Who's insular?}

Besides: Stan Lee is American.]


READ MORE

[HT:Dr.T]Big Oil terrorizes caribou in Alaska
.


[NOTE: all Policy Position comparisons can be found by going HERE - or by typing "policy positions" {in quotes!} in the Search Blog box in the upper left corner of page.]

Policy Positions Re: IMMIGRATION

How do Sens. John McCain (R-Ariz.) and Barack Obama (D-Ill.) differ on immigration? The National Journal compared and contrasted the two presidential candidates.

OBAMA ON IMMIGRATION

Border security:

  • Obama supports providing more personnel along the U.S. border.
  • He would also increase physical barriers, technology and real-time intelligence along U.S. borders and at ports of entry.
Legalization/path to citizenship:
  • Obama would require illegal immigrants with clean criminal records who want to become citizens to pay a fine and back taxes, learn English and go to the back of the line behind immigrants who came into this country legally.
  • He would not require the borders to be secured before illegal immigrants could seek citizenship.
  • Obama would also increase the number of legal immigrants.
Legal immigration:
  • Obama supports the current system of giving preference to family members of U.S. citizens and legal residents in allocating green cards, and opposes moving to a merit-based point system that would favor potential immigrants with higher-education levels or needed job skills.
  • He is open to experimenting with a point system for skills and education that does not reduce the number of family visas now available.
Guest-worker program:
  • Supports the creation of a new guest-worker program to meet employers' needs for temporary workers.
  • Stipulates that the program must contain protections against driving down American workers' wages and must provide temporary workers with labor rights and give those who meet certain criteria the opportunity to eventually become citizens.
Employer sanctions:
  • Would require all employers to use a new electronic system to verify whether newly hired employees are eligible to work in the United States and would allow the social Security Administration, the Internal Revenue Service and the Homeland Security Department to share information about eligibility.
  • He would impose stiff penalties on employers who knowingly hire or exploit illegal workers.
Source: "Obama on Immigration," in "Where They Stand," National Journal, August 30, 2008.

For text:

http://www.nationaljournal.com/njmagazine/nj_20080830_3632.php


MCCAIN ON IMMIGRATION

Border security:
  • In the interest of national security, McCain first wants to secure the nation's borders, ports and other entry points, and to require border-state governors to certify that their borders are secure.
  • He then would pursue other reforms, such as allowing illegal immigrants to apply for citizenship.
  • McCain has called for deploying additional personnel, physical and high-tech barriers and surveillance equipment on the borders and for more-effective screening of cargo entering the country.
Legalization/path to citizenship:
  • McCain has called for the immediate roundup and deportation of the estimated two million illegal immigrants with criminal backgrounds.
  • He would allow the remaining 10 million illegal immigrants to earn citizenship if they pay a "substantial" fine and back taxes, learn English and "get to the back of the (citizenship) line behind everybody else" with legal status.
Legal immigration:
  • McCain voted for comprehensive bills that would have increased legal immigration and would have revised the system of allocating green cards to give priority to immigrants' education and job skills over family ties.
  • He also voted for comprehensive bills that would have created an expanded program used for computer registry to match foreign workers with businesses that need temporary help.
  • A new program remains high on his agenda.
Employer sanctions:
  • Would require employers to use a new electronic employment verification system to certify that all employees are legal.
  • Workers would need "tamper-proof, biometric" identification cards.
  • Employers who knowingly hire illegal workers would "be prosecuted to the fullest extent of the law."
Source: "McCain on Immigration," in "Where They Stand," National Journal, August 30, 2008.

For text:

http://www.nationaljournal.com/njmagazine/nj_20080830_3632.php

Wednesday, October 1, 2008


Bailout marks Karl Marx's comeback

In his Communist Manifesto, published in 1848, Karl Marx proposed 10 measures to be implemented after the proletariat takes power, with the aim of centralizing all instruments of production in the hands of the state. Proposal Number Five was to bring about the “centralization of credit in the banks of the state, by means of a national bank with state capital and an exclusive monopoly.” [snip]

At first glance, anyone who understands economics can see that there is something wrong with this picture. The taxes that will need to be levied to finance this package may keep some firms alive, but they will siphon off capital, kill jobs and make businesses less productive elsewhere. Increasing the money supply is no different. It is an invisible tax that redistributes resources to debtors and those who made unwise investments.

For decades, Austrian School economists have warned against the dire consequences of having a central banking system based on fiat money, money that is not grounded on any commodity like gold and can easily be manipulated. In addition to its obvious disadvantages (price inflation, debasement of the currency, etc.), easy credit and artificially low interest rates send wrong signals to investors and exacerbate business cycles...

[Recommended > ]

READ MORE

Stunning day for Dow: Closes up more than 450

NEW YORK - Wall Street snapped back Tuesday after its biggest sell-off in years amid growing expectations that lawmakers will salvage a $700 billion rescue plan for the financial sector [stop.

this is bull stuff: it rebounded because the overreaction of yesterday created bargains that were snapped up today.

This constant implied-assumption that government is the only solution to this mess is a Washington/Wall Street/Media cabal (not coincidentally the same cabal that created it) that's deliberately ignoring the scores of competing ideas on how best this could be handled -- don't consume it as fact.]


READ MORE

Bankruptcy, not bailout, is the right answer

This bailout was a terrible idea. Here's why.

The obvious alternative to a bailout is letting troubled financial institutions declare bankruptcy. Bankruptcy means that shareholders typically get wiped out and the creditors own the company.

Bankruptcy does not mean the company disappears; it is just owned by someone new (as has occurred with several airlines). Bankruptcy punishes those who took excessive risks while preserving those aspects of a businesses that remain profitable.

In contrast, a bailout transfers enormous wealth from taxpayers to those who knowingly engaged in risky subprime lending. Thus, the bailout encourages companies to take large, imprudent risks and count on getting bailed out by government.

So what should the government do? Eliminate those policies that generated the current mess.

This means, at a general level, abandoning the goal of home ownership independent of ability to pay. This means, in particular, getting rid of Fannie Mae and Freddie Mac, along with policies like the Community Reinvestment Act that pressure banks into subprime lending

The right view of the financial mess is that an enormous fraction of subprime lending should never have occurred in the first place. Someone has to pay for that. That someone should not be, and does not need to be, the U.S. taxpayer.

[again: postings are not endorsements but that less likely to be seen on TV]

READ MORE

No depression ahead, experts say

Hearing some of the dire predictions for an economy struggling to avert a financial collapse, it's easy to recall 1930s photos of people huddled in soup lines or traveling the country for work, and wonder what a depression would look like in the modern world.

Experts say that won't happen. Yes, banks are failing and the stock market plunged Monday. And yes, there is genuine concern that, regardless of the government's $700 billion bailout proposal, the United States still could land in a severe recession.

But despite the alarms, including dire warnings from President Bush, economists insist there is no risk of a second Great Depression because, for some time now, the U.S. economy has been in the midst of a very different, less-threatening phenomenon: "the Great Moderation."

The term refers to a U.S. economy shaped by more flexibility and far less volatile swings in growth. That flexibility, fueled by everything from financial deregulation and global trade to the shift toward a service economy, will keep the nation from sinking into a depression

[Highly Recommended > ]

READ MORE

Some sweating, but local investors not panic-stricken

Local investors might be sweating a bit, but they apparently are not selling much in the face of Monday's drop in the national stock markets. (Snip) Most of the downdraft appears to be coming from institutional investors and other big traders, rather than individuals, Heck said.

"It still seems like it's more .... professional than it is our clients on the street,"
READ MORE[not to say 'no worries'; there's serious risk and there will be pain - but ignoring morality {pity how often we need do that}, how much will such pain be needlessly magnified by an apocalyptic press and will government interference help mitigate the pain or only prolong it {as history suggests}? As a friend recently said, when he thinks of the impact to his children his view on the bail out changes...]
.

CNBC Analyst Debunks Myth Bailout Will Make a Profit

The theory that bailout legislation recently defeated in the House of Representatives would make money for the federal government has been propagated by the financial media.

The September 2008 report from the IMF stated the chances of the government recouping anything more than just a fraction of the bailout costs is unlikely. Alex Patelis, head of international economics at Merrill Lynch, explained the report and cited history as an indicator on CNBC's Sept. 29 "Squawk on the Street."

"What you find in the IMF report is of course that banking crises happen all the time," Patelis said. "If you look at the history of banking crises - that on average they cost about 13 percent of GDP to the government, both in terms of direct recapitalization costs, but also lost revenue."
READ MORE

Threefer...

.
WhoCaused the Financial Meltdown
There is something genuinely sickening about seeing Rep. Barney Frank (D-MA), House Speaker Nancy Pelosi (D-CA), and others trying to stick President Bush and the Republicans with the blame for the financial meltdown that has put the American taxpayer in hock for the problem they created.
.....One need only read The New York Times, September 30, 1999 article by Steven A. Holmes, headlined “Fannie Mae Eases Credit to Aid Mortgage Lending”...
READ MORE


Fannie Mae Strong-Arm Monitoring of Race

CW Underwriter: I need your help on the "Smith" file. We need you to complete the Government Monitoring Section of the 1003.

Broker: I did complete the Government Monitoring section.

CW Underwriter: But you haven't filled in the borrower's Race or Ethnicity.

Broker: If you notice, the Borrower checked the box indicating: "I do not wish to furnish this information."

CW Underwriter: You also checked the box indicating that this interview was done face-to-face.

Broker: So?

CW Underwriter: So you saw him. Is he black?

Broker: I don't understand. My client indicated his preference to keep this information to himself.

CW Underwriter: Well, you saw him and you know his race and ethnicity. Our ability to fund our deals and source new money depends on doing a certain percentage of loans with black and minority clients. If you want this loan underwritten at Countrywide, you need to furnish this information: Is he black?
READ MORE


ACORN, Obama, and the Mortgage Mess
The financial markets were teetering on the edge of an abyss last week. The secretary of the Treasury was literally on his knees begging the speaker of the House not to sabotage the bailout bill.
.....(Snip) ACORN is where Sixties leftovers who couldn't get tenure at universities wound up. That the bill-writing Democrats remembered their pet clients during such an emergency speaks volumes.
READ MORE
.

An ACORN Falls from the Tree

As negotiations over Congress’s emergency rescue bill continued over the weekend, repeated rumors leaked out that the Democrats were trying to funnel money to a hyper-partisan organization involved in criminal voter fraud.

20 percent of the profit proceedings for asset sales in the future would go to what is called the Housing Trust Fund, subsidizing certain groups for ostensibly nonpartisan activity. One of these groups that this trust supports is ACORN...

READ MORE

[ACORN... where have I heard that before... right:

NNBrief-080918 > ACORN, Fannie Mae and Motor Voter
NNBrief-080915 > Bad voter applications found
NNBrief-080910 > The Evolving Agenda of George Soros’s Democracy Alliance
NNBrief-080619 > Obama's Red Roots


.

[and we're looking to the exact same cast of actors to fix this mess??]
.

Commodity Futures Modernization Act & Gramm-Leach-Bliley Act

[HT:TS {top half, re: the 'under regulated' argument}]

The housing bubble was the result of the Ponzi-scheme antics of those other financial entities: commercial banks, stockbrokers and hedge funds, which were allowed in a GOP-deregulated market to get into the "swap"

business. Through the rampant reselling of loans, the obligation to collect on a loan was divorced from the act of selling it in the first place, so who cared if the recipient of the loan was not at all qualified or the appraisal of the property value was inflated. [snip]

The mortgage swaps distancing the originator of the loan from the ultimate collector were only made legal as a result of the Commodity Futures Modernization Act that former Texas Republican Sen. Phil Gramm pushed through Congress just hours before the 2000 Christmas recess. Gramm, until recently co-chair of the McCain campaign, also had co-authored the Gramm-Leach-Bliley Act that became law in 1999, with President Bill Clinton's signature. That gem destroyed the Depression-era barrier to the merger of stockbrokers, banks and insurance companies.

Those two acts effectively ended significant regulation of the financial community, and no wonder we have witnessed an even more rapid and severe meltdown in housing values than during the Great Depression.

[BUT: in reading wiki on the Gramm-Leach-Bliley Act, we learn that:

"Crucial to the passing of this Act was an amendment made to the GLBA, stating that no merger may go ahead if any of the financial holding institutions, or affiliates thereof, received a "less than satisfactory [sic] rating at its most recent CRA exam", essentially meaning that any merger may only go ahead with the strict approval of the regulatory bodies responsible for the CRA.[3]. This was an issue of hot contention, and the Clinton Administration stressed that it "would veto any legislation that would scale back minority-lending requirements." [4]

[4] = ^ Compromise over Community Reinvestment Act crucial to repeal of Glass-Steagall

[I.e., the act originally encourage more competition by leveling the playing field for investment banks that had already been opened to commercial banks - but to get passed it had to retain this critical poison pill... I.e.2: political correctness above sound financial principle - and again we're back to government meddling as the genesis of the problem - meddling consistently promoted by one particular political party...]

READ MORE

Meanwhile, in the media...

.
Poll: GOP blamed for failed bailout

Respondents to a new ABC News/Washington Post poll blame Republicans over Democrats by more than a two-to-one margin for Monday’s failed vote on the $700 billion bailout package.

The poll, conducted Monday evening after the vote, reported 44 percent of respondents said the GOP is “mainly responsible” for the failed deal. Twenty-one percent blamed Democrats while 17 percent said the two parties share equal blame.
READ MORE

[the Democrats control the House with a majority - they don't/didn't need a single Republican vote to pass the bill - But Nancy and Barney did noting to rally the Democrats to the cause {twelve of Barney's own committee members voted agains it}.

Why? Because there's a score of Democrats up for re-election and they know, through a deluge of calls and emails, that the majority of Americans hate this bail out. For the record, that puts those that voted against this bill on the side of right (or does this crisis justify abandoning democracy?}

But of course most Americans weren't there... they're relying on the media to tell them what happened...]

.

Couric Badgers Palin on Pakistan; Had Cued Up Biden on Economy

At a Philadelphia restaurant on Saturday a man demanded: “So we do cross-border, like from Afghanistan to Pakistan, you think?” Palin answered: “If that’s what we have to do stop the terrorists from coming any further in, absolutely, we should.”

Couric decided: “That's almost the exact position Barack Obama has taken and that you, Senator McCain, have criticized as something you do not say out loud. So, Governor Palin, are you two on the same page on this?” Couric pounded away: “Is that something you shouldn't say out loud?” and “Are you sorry you said it Governor?”


When McCain called it a “gotcha soundbite,” Couric retorted: “It wasn't a 'gotcha.'”

Couric turned to Palin: “What did you learn from that experience?”

Palin: “That this is all about 'gotcha' journalism.”

READ MORE

It's economy with the truth, stupid

Just imagine what the sneering left intelligentsia, in the United States and elsewhere, would have said if a Republican vice-presidential candidate had told CBS News that "when the stockmarket crashed [in 1929], Franklin Roosevelt got on television" and informed Americans what had happened.

No doubt scores of left-liberal types would have lined-up to say the Republican Herbert Hoover, and not the Democrat Roosevelt, was in the White House when the Great Depression began, and regular TV broadcasting did not occur in the US until about 1941.

Yet when the Democrat Joe Biden made these howlers in an interview with Katie Couric she did not correct the vice-presidential candidate.

This is the same Couric who grilled Sarah Palin in an interview which aired a few days later. The line of this interrogation turned on the thesis that the Governor of Alaska is not well enough informed to hold the second-highest office in the US.


[what bias?]

READ MORE

Sarah Palin’s Level of Experience Is a PLUS; Not a Minus

Time in office isn’t as important as what one does with this time.

It is false to state that Palin began her political career in public service as mayor of a town. First she served two terms on the City Council; then she served two terms as the mayor; and then she was elected governor of the largest state in the country.

What Palin’s detractors often do not mention is that even though she was so young during her terms as mayor and so relatively inexperienced, she was elected President of the Alaskan Conference of Mayors, and Chair of the Alaska Conservation Commission, which shows that she matured on the job and impressed her colleagues far beyond what one would expect based on age and seniority.

As governor, she likewise has transcended her local position, serving as not just a member but the Chair of the Interstate Oil and Gas Compact Commission, a multi-state government agency. She was also named not just a member but the Chair of the National Governors Association (NGA) Natural Resources Committee, after having served as co-chair.

It is clear that Governor Palin has demonstrated that she is a “quick study,” rising to positions of leadership and respect in record time, which is what is needed in a person with limited experience.

By contrast, Obama was such a slow learner that he sat in church for 20 years without realizing what his pastor stood for...

READ MORE

Brit Finds Biden Wisdom Lacking While USA Media Keeps Slamming Palin

What is it with the American mainstream media when we have to turn to Britain to get a more accurate analysis of our political scene than we can get here? [snip]

And now we have this column by Dominic Lawson in the UK Independent that gives us a clear picture of how utterly unqualified Joe Biden is to become vice-president. Yes, while the Amercan MSM remains obsessed with pointing out how Sarah Palin might not be familiar with every last detail of political policy they continue to overlook not just gaffes but astounding gaps in Biden's basic wisdom.

So let us allow Lawson to now go where the American MSM fears to tread...

[Recommended > ]

READ MORE

Dobbs: Biden Makes 'Many More Misstatements Than Sarah Palin'

An astounding thing happened on CNN Monday evening: not only did Lou Dobbs say that Democrat Vice Presidential candidate Joe Biden makes "many more misstatements than Sarah Palin," but he also chided Wolf Blitzer and the "Situation Room" crew for failing to point it out during their Bash Sarah session.

Well, Wolf, I'm shocked. I wish you guys would take it easy on Joe Biden, because I think you're being really unfair to him, just because he makes so many more misstatements than Sarah Palin. But, anyway, I'm sure you can sort that out.
READ MORE




Tuesday, September 30, 2008

That $700-billion bailout figure

You know where that very important $700-billion figure came from?

Here's a quote from that Forbes story:

"It's not based on any particular data point," a Treasury spokeswoman told Forbes.com Tuesday. "We just wanted to choose a really large number."
They made it up to be sufficiently ginormous to frighten everyone into rapid action.

And it worked.

READ MORE
.

House members rejected bailout because voters back home hated it

[HT:WR]
WASHINGTON — Almost until the early afternoon vote Monday on the financial rescue plan, voters bombarded congressional offices, protesting almost in unison: Don't bail out renegade financial executives and companies.

The 228 votes against the plan included 95 Democrats and 133 Republicans, a mix of conservatives, liberals and members in tough re-election fights.

READ MORE

Despicable Politicians Most Outrageous Demand Yet

MEMPHIS - Here's why Americans are revolting over the Wall Street rescue plan.

It's not that taxpayers refuse to dig deeper to avoid an even bigger catastrophe. It's that they're all puking over the notion that it's the same bums in Washington who caused the mess by allowing it to fester who are now demanding their money to fix it.

[click image to enlarge]

It's like the criminal who breaks into your house, hurts himself, then sues you for damages...

READ MORE

Saddest Thing About This Mess: Congress Had Chance To Stop It

Could the crisis at Fannie Mae-Freddie Mac and the subprime meltdown have been avoided? The answer is yes.

As early as 1992, alarm bells were going off on the threat Fannie and Freddie posed to our financial system and our economy. Intervention at any point could have staved off today's crisis. But Democrats in Congress stood in the way.

As the president recently said, Democrats have been:

"resisting any efforts by Republicans in the Congress or by me . . . to put some standards and tighten up a little on Fannie Mae and Freddie Mac."
No, it wasn't President Bush who said that; it was President Clinton, Democrat, speaking just last week... [snip]

This year, the media have repeated Democrats' talking points about this being a "Republican" disaster. Well, McCain has repeatedly called for reforming the mortgage giants. The White House has repeatedly warned Congress. This year alone, Bush urged reform 17 times.

Some GOP members are complicit. But Fannie and Freddie were created by Democrats, regulated by Democrats, largely run by Democrats and protected by Democrats.

That's why taxpayers are now being asked for $700 billion

[Recommended > ]

READ MORE

[half right: despite the politicians' and media's best efforts we must remember that our current situation wasn't a failure of a truly free market: it was a market warped by regulation to make bad decisions more profitable than good ones]

Iraqi insurgents forced underground

Karma, Iraq - When the Iraqi Army caught Abdul al-Wasit, a mid-level operative for Al Qaeda in Iraq (AQI), he was working undercover as a shepherd in a rural area. It was a far cry from his earlier days in a village 65 miles south, where he used to extort locals and openly execute rivals. The once seemingly untouchable insurgent had been reduced to hiding on the fringes of society.

[but they're not gone yet]

READ MORE

Pentagon Honors Exceptional Employers of Citizen-Servicemembers

WASHINGTON, Fifteen employers accepted a Defense Department award last night for their exceptional financial and emotional support of National Guard and Reserve members on their payrolls.

The recipients were selected from the nearly 2,200 employers nominated for the Secretary of Defense Employer Support Freedom Award, the U.S. government’s highest recognition for efforts made in the civilian lives of America’s citizen-servicemembers, which make up roughly half of the nation’s armed forces.

Thomas F. Hall, assistant secretary of defense for reserve affairs, said 650,000 National Guard and reserve members have mobilized since the Sept. 11, 2001, terrorist attacks. Currently, 110,000 are on active duty around the world.

READ MORE

Obama and the Reagan Doctrine Obama and the Reagan Doctrine

In his debate with John McCain, Barack Obama's attempted to portray the Bush administration as a complete failure both in domestic and foreign policy. This argument, however, is running into one big problem: Bush's Iraq policy appears to be succeeding.

Obama attempted to change the subject by saying that Afghanistan, not Iraq, is the central front of the war on terror. But none of the hijackers or their planners actually came from Afghanistan. Every single one of them was from the Middle East, mostly Saudi Arabia and Egypt.

Moreover, Afghanistan has only minor strategic significance compared to Iraq. Iraq’s neighbors include Turkey, Jordan, Iran, Kuwait and Saudi Arabia. No wonder Bin Laden and his associates have declared Iraq the central front of the war on terror, the launching pad for a new world war.

Obama, by contrast, still regards the Taliban as the vanguard of global jihad. This shows Obama as being both naïve and out of date...

[not really: more like political - assuming most folk don't realize the above]

READ MORE

.The Democrats' Big Problem: The War In Iraq Wasn't About Oil

This 2008 presidential election cycle has been jam-packed with irony. John McCain has been forced to rely on the 527 groups he so despises; Barack Obama has been denounced by members of the black community but embraced by upper class whites; the Clintons have been rejected by the very media that put them in power.

But perhaps the most ironic fact of the 2008 election cycle is this:
the war in Iraq was not a war for oil.,


READ MORE
.

Cologne's Speech-Killing Politico's Reek of 'Fascism'

... I have watched in horror as local authorities yielded their charge of freedom of speech and freedom of assembly -- indeed, yielded civic space and civic peace -- to a lawless band of violent leftists, who, in their weekend stint of mob rule, successfully prevented a political rally against the Islamization of Europe from taking place.

In brief, elected officials from several different countries (Austria, Belgium, Germany, Italy), politicians who campaign and win elections on the politically incorrect issue of resistance to the spread of Islamic law (Sharia), were invited to speak in Cologne.

Why Cologne? After a long and contentious battle, the city council last month narrowly approved the construction of a giant mosque complex funded by a group called the Turkish-Islamic Union... [snip] declared before 20,000 cheering Turkish expatriates that "assimilation is a crime against humanity", and called for the German formation of Turkish-language schools... [snip]

As in Europe, huge mosque complexes are opening across the States -- one very recently in Boston and another in Atlanta. Do they portend the extension and entrenchment of Islamic law in the United States?

Possibly; we don't have any political parties willing to even discuss it.

READ MORE

'Jewel of Medina' Publisher's Offices Set Afire

Amid all the false media hubub about Sarah Palin being an alleged "book banner" comes much more serious news about the British publisher of "Jewel of Medina," a book about the child-bride of Islamic prophet Mohammed has been set afire:

Three men arrested in north London on suspicion of terrorism continue to be questioned by police. They are suspected of attempting to set fire to a publisher's office in Lonsdale Square, Islington.

The publisher, Gibson House, is due to release a controversial novel about the Prophet Muhammad and his child bride, entitled "The Jewel of the Medina."
Will the U.S. media report this event? I'm not exactly holding my breath since the American press showed little interest earlier this year when Random House, originally scheduled to publish the book in the United States went back out of fear of violence.

At that time, not a single American television network reported on this sad moment for free speech.

READ MORE

Iran to pursue uranium enrichment

Tehran - Iran today said it will go on with its uranium enrichment activities despite a fifth UN Security Council resolution calling for a freeze to the sensitive nuclear work.

'' Enrichment is our right and we believe that suspension is an illegal request. We will continue on our path in a normal way,''
The United States and its European allies had pushed for tougher sanctions but ran into resistance from Russia and China.

[misleading: it wasn't the 5th resolution, it was a republishing of the 4th as Russia refused to support any new/additional sanctions]

READ MORE

Venezuela set to develop nuclear power

CARACAS - President Hugo Chavez said on Sunday Venezuela will develop a nuclear reactor for peaceful purposes, in another challenge to Washington just days after Russia offered nuclear assistance to the socialist Latin American leader. "In Venezuela we are interested in development of nuclear energy, of course for peaceful purposes, for medical purposes, for purposes of electricity generation," Chavez said at a political rally.

[the world's failure on Iran has far reaching consequences]

READ MORE

Diplomats: Syria passes 1st test of nuclear probe

Vienna, Austria - site bombed by Israel show nothing to back up U.S. assertions that the target was a secret nuclear reactor, diplomats said Saturday.

But _ if they were interested in a cover-up _ the Syrians would have scoured the region to bury, wash away and otherwise remove any such traces. Long before the time of the June IAEA visit to the site, it had been encased in concrete that served as the foundation of a new building...

[I.e., it was a nuclear reactor, which is why Syria kept everyone out until they'd sanitized the place, despite which the IAEA published what anyone with the I.Q. of a cabbage knows is bullshit - but it's critical of the U.S. so run with it.

When will we learn? It's in our interest to dissolve the organization - starting with withholding our lion's share of dues and evicting them from New York]


READ MORE

The Nonsense of Global Warming

This summer's atrocious weather tempted me to tease a Green whom I know. "Well, what about your weather theory now?" (One of the characteristics of Greens is that they know no history.) He replied: "Yes, this weather is unprecedented. England has never had such an August before. It's global warming, of course." That's the Greens' stock response to anything weather-related. Too much sun? "Global warming." Too little sun? "Global warming." Drought? "Global warming." Floods? "Global warming." Freezing cold? "Global warming."

Marxism, Freudianism, global warming. These are proof--of which history offers so many examples--that people can be suckers on a grand scale. To their fanatical followers they are a substitute for religion. Global warming, in particular, is a creed, a faith, a dogma that has little to do with science. [snip]

The idea that human beings have changed and are changing the basic climate system of the Earth through their industrial activities and burning of fossil fuels--the essence of the Greens' theory of global warming--has about as much basis in science as Marxism and Freudianism. Global warming, like Marxism, is a political theory of actions, demanding compliance with its rules.

Those who buy in to global warming wish to drastically curb human economic and industrial activities, regardless of the consequences for people, especially the poor. If the theory's conclusions are accepted and agreed upon, the destructive results will be felt most severely in those states that adhere to the rule of law and will observe restrictions most faithfully.

The global warming activists' target is the U.S. If America is driven to accept crippling restraints on its economy it will rapidly become unable to shoulder its burdens as the world's sole superpower and ultimate defender of human freedoms. We shall all suffer, however, as progress falters and then ceases and living standards decline...

[I wouldn't call it nonsense though; they're deadly serious about forcing it on us - Recommended > ]

READ MORE

GREEN POWER: BUYERS BEWARE

... given their eagerness for environmental bragging rights, many of the power companies are strangely reluctant to explain with specificity how extra payments from consumers produce green energy that would not be generated otherwise. A recent investigation found that a good portion of money is actually going toward marketing:

  • Georgia Power's Green Energy program services 4,042 customers, but the company charges a premium even though green energy is actually cheaper than conventional alternatives.
  • In Indiana, Duke Energy sponsors the Go Green program that could provide green energy to 1,156 customers, but in 2007, less than 18 percent of voluntary consumer contributions went to renewable energy development.
  • Companies like Dominion in North Carolina provide the NC GreenPower program to over 14,000 customers, yet only 19 percent of program spending in 2007 was directed to renewable energy projects. [more, snip]
Moreover, buying gas-powered electricity from, say a landfill, does not appear to achieve any additional environmental benefit. The renewable gas-from-trash is now actually less expensive than conventional sources like coal, adds BusinessWeek.

READ MORE

Why Americans Can’t Get U.S. Oil

It is instructive that, when President Bush began to talk about lifting the ban on offshore drilling, the global price of oil dropped precipitously. As of this writing, it has not begun to rise and, if U.S. oil companies are permitted to explore and drill, the purpose of those leases, it will not only remain at current levels, but it will drop even more.

It is the Democrat Party and radical environmental organizations that stand between the discovery and provision of new oil and natural gas. It is the Democrat Party that is trying to push through a bogus “energy” bill that would put billions in the hands of those involved in “clean energy” projects that would barely provide the electricity America needs now, nor future needs.

If Congress should ratify the Law of the Sea Treaty, the United States would lose its claim to the vast reserves that potentially exist in the Arctic and you don’t need three guesses to figure out which political party supports ratification. That would be high on the agenda if it remains in Democrat control and if Sen. Obama were to be elected.

READ MORE

[also see >

The Law of the Sea Treaty: A Bad Deal for America

The Law of the Sea Treaty: Inconsistent With American Interests

Ratification of the Law of the Sea Treaty: A Not-So-Innocent Passage

summary: suicidal idea]

THE MOST IMPORTANT REASON

.
Obama Supreme Court Candidate Deval Patrick—Part 1

Deval Patrick has made his mark on the law in the field of racial preferences. Let’s take a look at his remarkable record:

Patrick as AAG aggressively pursued and defended racial preferences and racial line-drawing across the board—in employment, government contracting, and gerrymandering—even in the face of contrary Supreme Court rulings. Patrick was notorious for his tactics of intimidation and abuse. Even liberal senator Carol Moseley Braun (whose seat Barack Obama occupies) decried Patrick’s “Gestapo techniques” that “run roughshod over citizens, over communities.” (Washington Times, Oct. 1, 1996.)

When the city of Torrance, California stood up to Patrick’s charge—based entirely on statistical disparity from what quota-based hiring would yield—that it had committed employment discrimination, a Carter-appointed judge found Patrick’s case “frivolous, unreasonable, and without foundation” and awarded Torrance two million dollars in attorney’s fees.

Similar examples abound...

[this is the issue that will have repercussions lasting a generation and beyond - MUST READ > ]

READ MORE


Judges: McCain’s strong suit

If John McCain falters down the stretch, he can find strength on the bench. One of the only lines that received enthusiastic applause from delegates during the flat first half of John McCain’s Republican National Convention speech last Thursday came when the nominee said his party

“believes in the rule of law, and judges who dispense justice impartially and don’t legislate from the bench.”
READ MORE

Chicago Tribune Writer Finds Cause for Possible Obama Loss: Elderly Frontal Lobe Prejudice

Chicago Tribune correspondent, Howard Witt, seems to have found the villain to blame in case Barack Obama loses in November: elderly prejudiced white people.

However, such "prejudice" is not their fault, Witt "generously" allows, since they suffer from atrophied frontal brain lobes. Witt's article claims that such people will be more likely to vote against Obama due to the prejudice induced by these diseased frontal lobes...

[ah; unintended racism. progress of a sort, I guess]

READ MORE

Homeland Security Detects Terrorist Threats by Reading Your Mind

Baggage searches are SOOOOOO early-21st century. Homeland Security is now testing the next generation of security screening — a body scanner that can read your mind.

Most preventive screening looks for explosives or metals that pose a threat. But a new system called MALINTENT turns the old school approach on its head. This Orwellian-sounding machine detects the person — not the device — set to wreak havoc and terror.

MALINTENT, the brainchild of the cutting-edge Human Factors division in Homeland Security's directorate for Science and Technology, searches your body for non-verbal cues that predict whether you mean harm to your fellow passengers...

[not done cooking yet - but not pie in the sky either - Interesting > ]

READ MORE

Zardari’s Palin flirt earns him a fatwa


LAHORE: The prayer leader of the infamous Lal Masjid in the heart of Islamabad has issued a decree against President Asif Zardari for publicly making indecent gestures towards the American Republican vice presidential candidate Sarah Palin during their Washington meeting, saying the act was un-Islamic and Zardari has shamed the entire Pakistani nation.

[Elect Palin. Send her on a world tour. All extremists kill each other. Another problem fixed. The 'Palin Doctrine' is born.]

READ MORE