Sunday, August 7, 2011
Teen Charged with Murdering Blind Man - Bel Air, MD Patch
Worrell said in a press release that Graham was trying to burglarize Ward's apartment. Ward startled Graham, who then allegedly stabbed him multiple times and fled the area."
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We face recession without shock absorbers as Berlin loses patience with the eurozone - Telegraph
Far from loosening, the US is on track to tighten by 2pc of GDP next year, and Europe by 1pc to 2pc, into the slowdown.
China has already pushed credit to 200pc of GDP. It cannot repeat the trick.
The Anglo-Saxons can print more money, but the gains in asset prices for the rich are offset by losses from fuel and food inflation for the poor. This is a destructive trade-off."
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America’s debt downgrade is a damning indictment of President Obama’s Big Government disaster – Telegraph Blogs
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Christina Romer | Bill Maher | Credit Downgrade | The Daily Caller
Romer — who resigned in 2010 after inaccurately predicting that the $800 billion stimulus would lower the unemployment rate — said that the S&P credit downgrade was a sign that the country is “pretty darn fucked.”
“The long run budget situation is abysmal,” Romer said. “And it has been abysmal going back at least a decade. So it was never an immediate emergency. And it is something that we absolutely needed to deal with, but we didn’t need to deal with it today, we didn’t need to deal with it a week ago.”
Maher asked Romer, “How uncontroversial is Keynesian economics?”"
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Reset Regret: Russian Global Strategy Undermines U.S. Interests
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Putin Calls U.S. Economic Parasite | Oil Price.com
Vladimir Vladimirovich has committed the unpardonable diplomatic sin of speaking bluntly.
Like Sherriff Woody from the Pixar movie “Toy Story,” Putin has declared “there’s a snake in my boot,” only in this case, it’s the U.S., which he labels a “parasite” on the global economy.
Addressing a gathering of the pro-Kremlin youth group Nashi at their summer camp near Moscow Putin commented, 'They are living beyond their means and shifting a part of the weight of their problems to the world economy. They are living like parasites off the global economy and their monopoly of the dollar. If there is a systemic malfunction, it will affect everyone.'"
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Most post offices targeted for closure are in GOP districts - TheHill.com
More than 2,500 of these post offices are in GOP districts while about 1,000 are in districts represented by Democrats, according to a review by The Hill. There were fewer than 100 stores where the district could not be determined because the zip code is represented by lawmakers in both parties."
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ABC Financial Expert Slapping S&P As 'Suspect' Is Undisclosed Obama Fundraiser | NewsBusters.org
Today it was ABC's turn. Good Morning America had on Mellody Hobson, a regular ABC 'financial contributor' and former host of her own ABC financial-advice show. Hobson hit S&P hard, expressing the view that 'everything that they do is suspect.'
There's just one little factoid ABC didn't share with viewers. While presented as a presumably objective financial expert, Chicagoan Hobson in fact is an Obama partisan. Hobson served as a big-time fundraiser during Obama's 2008 presidential campaign and is involved with his 2012 campaign."
Next .. the S&P are RACISTS!!! ~~ The Munz
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America's Third War: The U.S. Cut a Deal With the Sinaloa Cartel, Say Court Documents - FoxNews.com
Click here to view the Sinaloa Cartel case document.
The allegations are made by Vicente Zambada-Niebla, a top ranking cartel boss extradited to the U.S. last year on drug charges. He is a close associate of Mexico's most wanted man, Joaquin 'El Chapo' Guzman and the son of Ismael 'Mayo' Zambada-Garcia."
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The Official Calls For Change Roll In: "Fire Geithner" | ZeroHedge
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Uproar in Egypt as US funnels aid to civil... JPost - Middle East
A raucous debate is raging in Egypt over whether to accept some $200 million in US aid to build up long-suppressed civil society organizations.
Some denounce Washington for “meddling” in internal Egyptian affairs by providing assistance to groups not authorized by the interim authorities in Cairo."
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Companies sit on $2T as economy tanks - NYPOST.com
Depending on whom you talk to, it's either a huge rainy-day fund if the economy heads for a double dip, or it's top executives feathering their nest in order to grab huge year-end bonuses.
'It's enormous by historical standards,' Howard Silverblatt, senior index analyst at S&P told The Post, describing the staggering scale of the unspent corporate bundle. 'The $963 billion is more than the recent government incentive and stimulus spending.'"
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Schieffer To Axelrod: "Things Are Worse" Since Obama Took Office | RealClearPolitics
PRESIDENT OBAMA: that's exactly right. And — and, you know, a year from now I think people — are gonna see that — we're starting to make some progress. But there's still gonna be some pain out there. If I don't have this done in three years, then there's gonna be a one-term proposition."
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Fights Break Out in Afghanistan as NATO Moves to Recover Downed Helicopter - FoxNews.com
Wardak provincial spokesman Shahidullah Shahid said Sunday that a joint operation was taking place in the Tangi Joy Zarin area of Sayd Abad district where the large transport helicopter went down late Saturday.
The clashes Sunday did not appear to involve the troops around the crash site.
'There have been a small number of limited engagements in the same district as yesterday's helicopter crash, however those clashes have not been in the direct vicinity of the crash site,' NATO said in a statement. 'As of now, we have no reporting to indicate any coalition casualties resulting from these engagements.'"
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NATO investigates deadly Afghan helicopter crash | Reuters
In a bloody two days for foreign forces, another four NATO troops were killed in two separate attacks on Sunday by insurgents in the country's violent east and south, the coalition said.
The majority of foreign troops serving in those regions are American, although some French troops are also based in volatile Kapisa province in the east."
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US downgrade 'sounds alarm bell': China media - Yahoo! News
Citing economist Sun Lijian, the People's Daily on Sunday said Standard & Poor's Friday cut to the US' credit rating from the top notch triple-A to AA+ had 'sounded the alarm bell for the dollar-denominated global monetary system'."
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News from The Associated Press
The credit rating agency's managing director, John Chambers, tells ABC's 'This Week' that if the fiscal position of the U.S. deteriorates further, or if political gridlock tightens even more, a further downgrade is possible."
1 in 3 chance .. Obama must be overjoyed .. I guarantee he demands more taxes and government spending and bloat to "fix" this problem .. he needs better odds like 2 in 3 or a 100% chance of further downgrades. ~~ The Munz
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China Tells US 'Good Old Days' of Borrowing Over - CNBC
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UPDATE 4-Tel Aviv stocks fall 7 pct on US debt downgrade | Reuters
* Market fears another global recession
TEL AVIV, Aug 7 (Reuters) - Tel Aviv shares closed nearly 7 percent lower on Sunday in the first response of a developed market to Standard & Poor's downgrade of the United States' credit rating that has sparked fears of another global recession.
The Israeli market along with a few emerging markets in the Middle East were the first to trade after S&P late on Friday cut the U.S. long-term credit rating by a notch to AA-plus from AAA due to concerns about the country's budget and climbing debt burden."
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China and the Dollar: Dollar to Be 'Discarded' by World: China Rating Agency - CNBC
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Small Businesswoman to Obama: 'Apologize' for Economy - YouTube
Boy with the way that Obama handles his executive duties you would have thought he had no executive experience and no major accomplishments prior to assuming the presidency.
Oh wait ...
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Helicopter Crash in Afghanistan Reportedly Kills Members of SEAL Team 6 - FoxNews.com
Insurgents shot down a U.S. military helicopter during fighting in eastern Afghanistan, killing 30 Americans, most of them belonging to the same elite unit as the Navy SEALs who killed former Al Qaeda leader Usama bin Laden, U.S. officials said Saturday. It was the deadliest single loss for American forces in the decade-old war against the Taliban."
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NewMediaJournal: Bachmann Calls for Geithner’s Resignation; Dems Blame S&P
Minnesota Republican Michele Bachmann called for Treasury Secretary Timothy Geithner's resignation while House Speaker John Boehner (R-OH), said Democrats 'who run Washington remain unwilling to make the tough choices required to put America on solid ground.'
The Obama administration took issue with S&P.
'A judgment flawed by a $2 trillion error speaks for itself, a Treasury spokeswoman said after S&P went ahead with lowering the debt rating a notch to AA+ from AAA despite a White House claim the ratings agency overstated future federal debt."
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Stop Liberal Lies - S&P Downgrades US To AA+, Outlook Negative (FULL TEXT)
We have lowered our long-term sovereign credit rating on the United States of America to ‘AA+’ from ‘AAA’ and affirmed the ‘A-1+’ short-term rating.
We have also removed both the short- and long-term ratings from CreditWatch negative.
The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government’s medium-term debt dynamics."
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No more Moammar? Don't count Gadhafi out yet
The development could prompt a reconsideration by the Western alliance of what should be accomplished in strife-torn Libya.
Two U.S. sources currently in Tripoli told G2Bulletin that Deputy Foreign Minister Khaled Kaim, who is part of the embattled Gadhafi regime, told them that the Warfalla tribe – one of the largest in Libya – is being joined by other tribes to fight the rebels because of what is described as indiscriminate killing of civilians by Western alliance-backed troops.
The sources said that Qatari troops, tanks and helicopters 'are openly killing these unarmed tribal members. They have their Qatari tanks in the streets of Benghazi. They are actively shooting on unarmed civilians.'"
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News from The Associated Press
The fighting was taking place as NATO began an operation to recover the remains of the large transport helicopter that was shot down by insurgents early Saturday in the Tangi Joy Zarin area of Wardak province's Sayd Abad district, about 60 miles (97 kilometers) southwest of Kabul. The clashes Sunday did not appear to involve the troops around the crash site."
Related:
Kabul, Afghanistan (CNN) -- In the single deadliest loss for U.S. troops since the Afghan war began in late 2001, 30 service members died early Saturday when a helicopter carrying them went down while they were reinforcing other troops, officials said.
Insurgents are believed to have shot down the CH-47 Chinook, a U.S. military official said. The Taliban claimed militants downed the helicopter with a rocket-propelled grenade.
Related:
BBC
Thirty US troops, said to be mostly special forces, have been killed, reportedly when a Taliban rocket downed their helicopter in east Afghanistan.
Seven Afghan commandos and a civilian interpreter were also on the Chinook, officials say.
US sources say the special forces were from the Navy Seal unit which killed Osama Bin Laden, but are "unlikely" to be the same personnel.
Related:
ABC
A helicopter was shot down today by Afghan insurgents as it was rushing to aid troops in a firefight, killing 30 Americans, including 22 Navy SEALs, most of whom belonged to Team 6, the unit whose members were involved in the raid that killed Osama bin Laden, U.S. officials said.
The Chinook helicopter was carrying a quick-reaction force to provide back-up to the troops on the ground in the eastern Afghan province of Wardak, a U.S. official said. After the crash, the forces that were involved in the firefight "broke contact" with the enemy so they could go provide perimeter security for the crash site, the official said.
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'No risk' the US will lose its top credit rating, says Treasury's Geithner - The Hill's On The Money
'No risk' the US will lose its top credit rating, says Treasury's Geithner - The Hill's On The Money: "Treasury Secretary Tim Geithner said Tuesday there is 'no risk' the U.S. will lose its top credit rating amid a new analysis that revised its outlook on American debt to 'negative.'
Geithner took to the airwaves of financial news networks to push back against a report Monday by Standard & Poor's that lowered its outlook on U.S. debt to 'negative,' reflecting political uncertainty over whether lawmakers will reach an agreement to address long-term debt."
The ship of fools ha sunk .. guess that anyone who believedthem is in for a shock now ~~ the Munz
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WRAPUP 9-World leaders confer on debt crises this weekend | Reuters
After a week that saw $2.5 trillion wiped off global stock markets, they are under pressure to show political leadership and reassure markets that Western governments have both the will and ability to reduce their huge and growing public debt loads."
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President Obama's downgrade blues | StarTribune.com
'Yes, we can!' has devolved into 'Hey, we might.'
'When I said, 'Change we can believe in,' I didn't say, 'Change we can believe in tomorrow,'' he told an audience at a Chicago fundraiser on Wednesday.
'Not, 'Change we can believe in next week.'We knew this was going to take time, because we've got this big, messy, tough democracy.'
True enough, but not FDR-inspiring to a deflated and desperate nation that may face higher borrowing rates after the shock of the first credit downgrade in U.S. history."
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S&P downgrades U.S. credit rating for first time - The Washington Post
Lowering the nation’s rating to one notch below AAA, the credit rating company said “political brinkmanship” in the debate over the debt had made the U.S. government’s ability to manage its finances “less stable, less effective and less predictable.” It said the bipartisan agreement reached this week to find at least $2.1 trillion in budget savings “fell short” of what was necessary to tame the nation’s debt over time and predicted that leaders would not be likely to achieve more savings in the future.
“It’s always possible the rating will come back, but we don’t think it’s coming back anytime soon,” said David Beers, head of S&P’s government debt rating unit."
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Saturday, August 6, 2011
NewMediaJournal: Gallup Poll Reveals TEA Party Conservatives Outnumber Progressives 2 to 1
If this pattern continues, 2011 will be the third straight year that conservatives significantly outnumber moderates -- the next largest ideological bloc. Liberalism has been holding steady for the past six years, averaging either 21 percent or 22 percent, although notably higher than the 17 percent average seen in Gallup polling during the early to middle '90s...
The percentage of moderates has fallen to the mid-30s from the low 40s, while the combined percentage either liberal or conservative is now 62 percent, up from 53 percent."
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Palestinian Authority Using U.S. Aid to Help Pay Millions in Salaries to Jailed Terror Suspects, Report Finds - FoxNews.com
Palestinian Media Watch released a report last week that found that all Palestinian and Israeli minority Arabs in Israeli prisons for terror acts have been legally receiving a monthly salary from the PA under a new law passed in April that simply “formalizes what has long been a PA practice.”"
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John Kerry: Media Should Not Give Time to Tea Party | Video | TheBlaze.com
During a discussion of the debt deal and the economy on MSNBC’s “Morning Joe” Friday, the current Massachusetts senator and former presidential candidate lambasted the Tea Party and conservatives and the idea that they should be given “equal time” in the media. According to him, their ideas are so wacky that they don’t deserve air time:"
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U.S. Loses AAA Credit Rating From S&P - FoxNews.com
Credit rating agency Standard & Poor's on Friday lowered the nation's AAA rating for the first time since granting it in 1917. The move came less than a week after a gridlocked Congress finally agreed to spending cuts that would reduce the debt by more than $2 trillion -- a tumultuous process that contributed to convulsions in financial markets. The promised cuts were not enough to satisfy S&P."
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DEA acknowledges supporting role in Operation Fast and Furious - latimes.com
Michele M. Leonhart, the DEA administrator, said DEA agents primarily helped gather evidence in cases in Phoenix and El Paso, and in the program's single indictment last January that netted just 20 defendants for illegal gun-trafficking.
The development marks the first time another law enforcement agency has said it also worked on Fast and Furious cases other than the federal Bureau of Alcohol, Tobacco, Firearms and Explosives, which is under two investigations into why it allowed at least 2,000 firearms to be illegally purchased and then lost track of the guns’ whereabouts.
Nearly 200 of the weapons showed up at crime scenes in Mexico, and two semi-automatics were recovered after a U.S. Border Patrol agent was slain south of Tucson."
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IndustryWeek : Wind-Turbine Maker That Obama Praised Files for Bankruptcy
Cardinal President John Grabner told the Cleveland Plain Dealer that the bankruptcy filing is necessary because the company is having trouble obtaining 'working-capital financing' from its primary lender, Wells Fargo.
Grabner also told the Plain Dealer that the company is profitable and its revenues are growing.
President Obama visited Cardinal, which is in Bedford Heights near Cleveland, in January 2009 before his inauguration."
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Friday, August 5, 2011
Obama Speech - Awkward Silence - Veterans Jobs | Mediaite
The President didn’t quite specify what he was waiting for as he stared out into the audience for the minute, though a number of things could have been delaying his cue– television cameras getting in order, his teleprompter loading up or simply a scheduling technicality. Either way, by the time a minute went by of the audience waiting expectantly for the President to say something, a man in the audience took matters into his own hands and shouted “awkward!” at the President."
Can't do a thing without his teleprompter. AT least he has learned to shut his mouth without it, he is a blithering idiot without someone telling him exactly what to say word for word ~~ The Muzn
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Pelosi’s Energy Savings Program Evaporates - FoxNews.com
In response, some Democrats are crying foul, saying the move reflects the low priority that energy savings is for Republicans.
The House Chief Administrative Office announced Thursday that the Architect of the Capitol's Office will take over the functions of the program that expanded House recycling and led to thousands of energy-efficient light bulbs being installed on the Hill."
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News from The Associated Press
The soldiers moved in shortly after the activists broke their daily fast during the Muslim holy month with a communal meal after sundown. The clampdown indicates Egypt's military rulers will no longer tolerate any gathering in the square, which served as the epicenter of the uprising that toppled former President Hosni Mubarak."
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Fox News website calls Obama’s birthday party a ‘Hip-Hop BBQ’ | The Cutline - Yahoo! News
The rapper Common, you may recall, drew heated commentary from the cable network for his invitation to take part in a White house poetry night. Meanwhile, this Thursday, a Fox News opinion website called Fox Nation aggregated a 'Playbook' column by Politico's Mike Allen about President Barack Obama's 50th birthday bash, changing Allen's typically long headline with this:
Obama's Hip-Hop BBQ Didn't Create Jobs"
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Unemployment Report August 5, 2011: “Discouraging”
I am happy to hear that the report is slightly better than expected and will address the particulars momentarily. I caution people not to make too much of this report, though. Why?
While the report may have exceeded expectations, let’s not lose sight of the fact that the expectations were not all that high at the outset."
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Average Length Of Unemployment Surges To New All Time Record 40.4 Weeks | ZeroHedge
We already learned that the one biggest red flag in unemployment data had been raised when we found that the labor force participation rate was the lowest since 1984. Now we find that the other critical data point: average length of unemployment, just hit a new all time high of 40.4 weeks in July, up from the previous record of 39.9 in June. Someone should tell the average American who is rapidly approaching one year in average unemployment that the stock market soared on good payroll news. They will be delighted.
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Obama Has Nearly Achieved His European Welfare State - Forbes.com
Presidential candidate Barack Obama called for 'hope and change,' but he was deliberately vague on the 'fundamental change' part. In speeches as president both at home and abroad, he appeared to reject American exceptionalism and intimated we have much to learn from Europe, especially its cradle-to-grave welfare state."
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Secret Hero of the Middle East » Publications » Family Security Matters
For all the dangers and difficulties ahead, there’s real hope in the Middle East for the first time in over a half-century. And the man who made it possible is George W. Bush."
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Obama: Extending Unemployment Benefits Will "Help Create Jobs Right Now" | RealClearPolitics
'Those are all steps we can take right now that will make a difference and there is no contradiction between us taking some steps to put people to work right now and getting our long-term fiscal house in order. In fact, the more we grow the easier it will be to ease our deficits.'"
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Russia uses dirty tricks despite U.S. 'reset' - Washington Times
U.S. diplomats and officials have found their homes broken into and vandalized, or altered in ways as trivial as bathroom use; faced anonymous or veiled threats; and in some cases found themselves set up in compromising photos or videos that are later leaked to the local press and presented as a sex scandal."
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Beneath Jobs Report Surface Lies Some Ugly Truths - CNBC
As is usually the case, there is far more than meets the eye to the Labor Department’s report that the economy added 117,000 jobs last month and the unemployment rate fell to 9.1 percent.
Let’s start with the reality that fewer people actually were working in July than in June.
According to a Bureau of Labor Statistics breakdown, there were 139,296,000 people working in July, compared to 139,334,000 the month before, or a drop of 38,000."

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Gingrich: Obama "Most Effective Food Stamp President In History" | RealClearPolitics
'You don't get out of 9.2% unemployment, you don't get out of -- today it was announced [that] the largest number of Americans [are] on food stamps in history. I've said now for six months, this is the most effective food stamp President in history. That sounds like it is an attack, it's just a statement of fact. It's just that his administration kills jobs. They are driving Americans onto food stamps. Most Americans would rather have a paycheck,' Gingrich told FOX News' Greta Van Susteren in an interview on Thursday night."

Food stamp use hit an all-time high in May.
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NM: Gov. Martinez’ License Residency Check Causes Illegal Aliens to Panic | Stand With Arizona
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Documents: ACORN and Project Vote Activity Led to Dramatic Increase in Invalid Colorado Voter Registrations for 2008 and 2010 | Judicial Watch
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NM: Gov. Martinez’ License Residency Check Causes Illegal Aliens to Panic | Stand With Arizona
You have to hand it to Gov. Susana Martinez (R-NM): she does NOT back down. This tough former D.A. seems to have inherited her tenacity from her father – a former Sheriff and boxer who won three straight Golden Gloves titles in the 1950s. Her adversaries underestimate her at their peril.
And when her Democrat adversaries blocked her fight to stop issuing drivers’ licenses to illegal aliens last Winter, she tried again in March. Stand With Arizona members turned out tons of phone calls and emails, and remarkably Martinez managed to pass it through the House on March 4. But Senate Democrats then quietly killed the the bill late on a Friday night on March 19th. They thought the matter was closed for the year, as is usually the case. But Susana Martinez is not your “usual” politician."
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US Court Documents Claim Sinaloa “Cartel” Is Protected by US Government | the narcosphere
The source of that allegation is Jesus Vicente Zambada Niebla, the son of Ismael “El Mayo” Zambada Garcia, one of the purported top leaders of the Sinaloa drug-trafficking organization — a major Mexican-based importer of weapons and exporter of drugs."
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Wall Street Pummeled With 513 Point Drop - YouTube
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Taxpayers to Cover Obama Tour of Midwest Battleground States - YouTube
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Al Gore calls for an Arab spring in America 8/4/2011 - YouTube
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Tapper Peppers Carney: What Is Obama Doing To Create Jobs? - YouTube
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obama change - YouTube
Inheriting challenges??? Bush's fault ..
he did say to give him 3 years though and if things weren't better by then well he failed ... I guess he failed. But again Obama moves the goal posts
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SATIRE VIDEO: Recipe For A Debt Deal » Blog » Family Security Matters
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Markets present unhappy birthday surprise for Obama - Washington Times
“The White House doesn’t create jobs,” said presidential spokesman Jay Carney. “Together, the White House and Congress create policies that allow for greater job creation.”
The steep drop in equities that wiped out all of the gains for the year coincided with President Obama’s 50th birthday. At a celebration in Chicago on Wednesday night, the president said he is still learning about details of the recession that rocked his administration in the first year."
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BBC News - Mexico town's police force resigns over drug attacks
The mayor of Ascension in Chihuahua state said the 26 officers quit their posts for fear of further attacks.
State and federal police as well as soldiers have been called in to patrol the town in their place.
Ascension lies on an important drug smuggling route into the US used by the powerful Sinaloa Cartel."
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16 Countries, Including Mexico, File Briefs Against New Alabama Immigration Law - FoxNews.com
Edward Still, a Birmingham attorney who filed the brief, told The Montgomery Advertiser that the nations “want to have one immigration law and not 50.”
'Mexico has an interest in protecting its citizens and ensuring that their ethnicity is not used as basis for state-sanctioned acts of bias and discrimination,' the brief said, according to the paper."
Alabama's laws are much more lenient than Mexico's .. they should just adopt the Mexican charter and see how they like it. ~~ The Munz
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All Eyes On the U.S. as some in Congress are ready to say "Enough!" - YouTube
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Washington Spending 101: How to Stop the Explosion of Debt - YouTube
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Virtual Benjamin Franklin and other Founders on God and Country ~ Pay Attention Obama! - YouTube
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Morning Bell: “The White House Does Not Create Jobs”
Despite the now-admitted fact that the President does not create jobs, President Obama continues to manipulate the economy from the West Wing, offering “stimulus” here, threatening higher taxes there, and picking and choosing which industry can thrive and which cannot under his watch."
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Clueless Obama is Still Flailing Away - Page 1 - Donald Lambro - Townhall Conservative
Declining manufacturing orders, anemic, almost nonexistent job creation, and an economy that all but stopped breathing in the first half of this year now constitute a full-blown national crisis at the midway point in Barack Obama's troubled presidency.
In the past two weeks the administration has been hit by a barrage of negative economic data, underscoring a recent nationwide Gallup poll that found 78 percent of Americans think we are already in another recession."
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Obama's Depression by Other Means - Page 1 - Bill Tatro - Townhall Finance
So, for everyone who disagrees with me, let me provide a clear dose of reality by revisiting the past.
Most people have an image of the 1930’s and the Great Depression as a time period of monumental job loss, vast family dislocation, widespread famine, and severe uncertainty. The typical head of household toiled daily in order to put bread on the table and keep a roof over their family’s head. New clothes were a luxury and an automobile was in many instances, way out of reach."
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Schooling Matt Damon - Page 1 - Michelle Malkin - Townhall Conservative
In Damon's world, all public school teachers are selfless angels. Government workers and Hollywood entertainers are impervious to economic incentives. And anyone who disagrees is a know-nothing, 'corporate reformer' ingrate who hates education.
Last week, the liberal box-office star addressed a 'Save Our Schools' march in Washington at the behest of his mother, a professor of early childhood education. He attacked standardized tests. He praised all the public school teachers who 'empowered' him and unlocked his creative potential by rejecting 'silly drill and kill nonsense.' Speaking on behalf of 'an army of regular people,' Damon decried the demoralization of teachers by ruthless, results-oriented free marketeers whom he mocked as 'simple-minded.'"
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Defund the Department of Education | FrontPage Magazine
The Constitution provides no authority for the federal government to be involved in education. Most educational problems arise at the local level and can’t be solved by bureaucrats who now are running more than 200 programs in Washington. Questions about the need for a federal Department of Education have been raised for years.
Now, at a time when the government has outspent itself by more than $14 trillion, why on Earth should the department be expending money and the time of government officials to brainwash young children on global warming and even the misinterpretation of peace."
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Fannie Mae seeks $5.1 billion more from taxpayers - CNBC
The largest U.S. residential mortgage funds provider on Friday also reported a second-quarter net loss attributable to common shareholders of $5.2 billion, or 90 cents per share.
Including the latest funding request, Fannie Mae has needed $104 billion in government capital injections since the U.S. Treasury seized control of it in 2008 during the financial crisis. Fannie Mae has paid back $14.7 billion in dividends."
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Markets Crash: Faber: Brace for a Global 'Reboot' and a War - CNBC
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Food stamp use rises to record 45.8 million - Aug. 4, 2011

Food stamp use hit an all-time high in May.
NEW YORK (CNNMoney) -- Nearly 15% of the U.S. population relied on food stamps in May, according to the United States Department of Agriculture.
The number of Americans using the government's Supplemental Nutrition Assistance Program (SNAP) -- more commonly referred to as food stamps -- shot to an all-time high of 45.8 million in May, the USDA reported. That's up 12% from a year ago, and 34% higher than two years ago.
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Brian Terry: Semper Fidelis & Honor First - YouTube
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Obama Collects Campaign Money From ‘Bundlers’ | Personal Liberty Digest
Though the 2012 election is still far away, Obama and his team have raised more than $35 million already from the biggest donors, individuals who are known as “bundlers,” the news source reported."
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Obama ‘dissapoint-mints’ pulled from University of Tennessee bookstore | The Daily Caller
The box bears a picture of Obama and is labeled “disappoint-mints.” Officials pulled the product after Democratic state Rep. Joe Armstrong visited the bookstore and told the manager he found the mints offensive."
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White House | Worst Market Drop | Stock Market | The Daily Caller
“I don’t have a specific reaction to the market. Markets go up and down,” White House press secretary Jay Carney said.
“There is no question that we have — this economy has faced headwinds this year, a variety of them including the earthquake and tsunami in Japan, the increase in oil prices, energy prices that resulted from the unrest in the Arab world and the situation in Europe, also,” Carney said. “So, our focus has to be on the things that we control which is to take the necessary measures.”"
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Va. Beach ponders approving homeless 'tent city' | HamptonRoads.com | PilotOnline.com
City staff are exploring authorizing a 'tent city,' a move that would make the Beach the first community in the state to sanction a homeless encampment - if the City Council approves the idea.
Mayor Will Sessoms, however, said he doesn't support it.
'I just don't see it happening,' Sessoms said. 'I could not recommend it because I do not want to encourage homelessness. I want to work to keep people from being homeless.'
Andrew Friedman, director of the city's Housing and Neighborhood Preservation Department, said officials are looking into how such an encampment would be operated, including issues involving policing, sanitation and the duration of its existence."
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Video: Gunmen Open Fire at Bus in Philadelphia
Prosecutors say the shooting and violence triggered because of a phone call that a woman, Penny Champan, made after having words with someone on the bus.
The video shows Chapman's boy running up and down the aisles by one of the seven cameras on board. Finally she grabs the child and spanks him. A man sitting behind her doesn't approve and he threatens to turn her in for child abuse."
Video: Gunmen Open Fire at Bus in Philadelphia: MyFoxNY.com
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Police Investigating Multiple Beatings Near State Fair Park - Milwaukee News Story - WISN Milwaukee
Milwaukee police said that around 11:10 p.m., squads were sent to the area for reports of battery, fighting and property damage being caused by an unruly crowd of 'hundreds' of people. One officer described it as a 'mob beating.'"
Police said the group of young people attacked fairgoers who were leaving the fair grounds. Police said that some victims were attacked while walking. They said others were pulled out of cars and off of motorcycles before being beaten.
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Scare at State Fair: witnesses describe mobs, including some claiming racially-charged attacks - TODAY'S TMJ4
Milwaukee Police confirmed there were assaults outside the fair.
Witnesses' accounts claim everything from dozens to hundreds of young black people beating white people as they left State Fair Thursday night."
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Thursday, August 4, 2011
Obama spreads false claim that Thomas Jefferson hosted first Ramadan iftar dinner at White House - Jihad Watch
Longtime Jihad Watch writer Hugh Fitzgerald busted this myth in his piece 'Barack Obama, The New York Times, that Iftar Dinner, and the rewriting of history,' which was first published here at Jihad Watch on August 26, 2010. Here it is again:"
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White House on worst market drop since 2008: ‘Markets go up and down’ - Yahoo! News
“I don’t have a specific reaction to the market. Markets go up and down,” White House press secretary Jay Carney said.
“There is no question that we have — this economy has faced headwinds this year, a variety of them including the earthquake and tsunami in Japan, the increase in oil prices, energy prices that resulted from the unrest in the Arab world and the situation in Europe, also,” Carney said. “So, our focus has to be on the things that we control which is to take the necessary measures.”"
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Something is wrong with MSNBC’s Chris Matthews…. – Glenn Beck
What were some of Matthews’s slurring language? He kept saying “Prez Obama” rather than “President Obama”, “Harbra” instead of “Hardball”, and “conserves” instead of “conservatives”.
“He’s jamming forty words in three seconds,” Stu said.
What could be the source of his slurred speech? Glenn and Pat (jokingly) suggested Matthews could be impaired while on air.
“I don’t think alcoholism is funny,” Glenn joked.
“Does he have a drinking problem?” Pat asked.
“I don’t know, but it does sound like it,” Glenn said.
“If it’s alcoholism, it’s got to be vodka Red Bull because he is speaking three times the normal human rate,” Stu added."
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News from The Associated Press
Stocks tumbled around the world on worries that the U.S. economy is weakening and that Europe's debt problems are getting worse. The Dow Jones industrial average fell 513 points, its biggest drop since December 2008."
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PolitiFact | Barack Obama in State of the Union says corporate profits are up over the past two years
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In his State of the Union address on Jan. 25, 2011, President Barack Obama suggested that the economy is in recovery mode.
'We are poised for progress,' the president told a joint session of Congress. 'Two years after the worst recession most of us have ever known, the stock market has come roaring back. Corporate profits are up. The economy is growing again.'
We decided to see if corporate profits are indeed up in the past two years."
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Democratic candidate David Weprin distances himself from Obama - NYPOST.com
“I’m running myself right now. On Sept. 14, I’ll be happy to address the president’s election,” State Assemblyman David Weprin said following a press conference at Queens Borough Hall, where he was endorsed by a bevy of female elected leaders.
The special election to replace Weiner — who resigned in disgrace following a sexting scandal — will be held on Sept. 13."
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News from The Associated Press
That's the conclusion of a report from congressional Democrats that recommends new job search and training programs to help the long-term unemployed get back to work."
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The American Spectator : The Disgrace of Obamanomics
The growth for the fourth quarter of 2010 was also reduced to 2.3%, meaning that for the last nine months the economy has grown a minimal 1.5%, barely treading water as the weekend Wall Street Journal described it. For comparison purposes, economic growth during the first seven quarters of the Reagan recovery in the 1980s boomed at an average of 7.1%. Economic growth during the first seven quarters of the Obama non-recovery has now been reduced to an average of 2.6%, barely a third as much."
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The Next American Revolution - Alexander's Essays - PatriotPost.US
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The American Spectator : Incivility at the Tea Party
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The American Spectator : The One-Termer We've Been Waiting For
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More Than $125 Billion In Stimulus Funds Still Not Paid Out | CNSnews.com
The distribution of those funds is detailed in the “Overview of Funding” section of the Recovery.gov Web site.
The data, said to be valid as of July 22, shows that a total of $125.8 billion remains to be distributed in three categories of funding."
Obama re-election campaign$$$$ ???? ~~ The Munz
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Tea Party Could ‘Potentially Become a Violent Movement' | CNSnews.com
That’s according to a Stanton Peele, a psychologist and addiction expert interviewed by liberal MSNBC host Martin Bashir on Wednesday afternoon.
The Weekly Standard blogged about the interview, as did Newsbusters."
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White House budget office raised risk on big solar loan guarantee | iWatch News
In 2009, as the Department of Energy pushed to close the $535 million loan guarantee to California solar panel maker Solyndra Inc., the Office of Management and Budget concluded the financing was a greater risk to taxpayers than did DOE, iWatch News has learned. That higher risk rating, in turn, forced the government to set aside more money in case the company defaults on payments."
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Levin and McCain: We have no idea how much debt deal cuts defense | The Cable
Depending on which reports you read today, the bill to raise the debt ceiling and cut at least $2.1 trillion from the budget over the next decade, is either a huge win for the Pentagon or a dangerous cut to the military budget that will 'sap American military might worldwide.' The Cable reported yesterday that the White House's assertion that the bill puts the nation on track to save $350 billion in defense spending over 10 years was just a guess, considering that the bill doesn't say anything about 'defense' cuts. The bill only sets caps on 'security' spending, which includes Defense, State, USAID, intelligence, the Department of Homeland Security, the National Nuclear Security Administration, and the U.S. Department of Veterans Affairs."
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Oprah Winfrey Supports Barack Obama Campaign in 2012 | Video | TheBlaze.com
Winfrey is “happy to be of service” for Obama’s reelection campaign, she said in a statement Wednesday. “I supported Barack Obama in 2008 because I believed then as I do now that he is the right man for the job,” she said.
Back in ‘08, Winfrey’s backing of Obama helped him bring down the most well-known well-oiled campaign machine: Bill and Hillary Clinton. When she first interviewed Obama in a 2004 issue of her magazine “O,” the queen of daytime said, “[W]hen I decided to talk with you (Obama), people around me were like, ‘What’s happened to you?’ I said, ‘I think this is beyond and above politics.’ It feels like something new.”"
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Detective Fermin "Sonny" Archer New York City Police Department, New York EoW: Thursday, July 14, 2011 « The Munz ~~ Remembering the fallen
Detective
Fermin "Sonny" Archer
New York City Police Department, New York
End of Watch: Thursday, July 14, 2011
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News from The Associated Press
After spending the morning of his milestone birthday working in the Oval Office, the president headed to the Blue Room of the White House for a celebration with top aides. White House chefs were spotted cooking chicken and burgers on outdoor grills.
Later, Obama was celebrating with family and friends, including some who came in from his hometown of Chicago, in the Rose Garden. The president's oldest daughter, Malia, also made it home from summer camp in time to celebrate her dad's 50th."
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Dow’s losing streak now in ninth day - MarketWatch First Take - MarketWatch
The last time the Dow Jones Industrial Average DJIA -4.31% did that, in fact, was Feb. 22, 1978, when Jimmy Carter was president and the country was struggling to come to grips with a period of anemic economic growth and high inflation.
Isn’t it comforting to know that we’ve made such progress over the last three decades?
Actually, about the only thing that is comforting in the historical data on Dow losing streaks is that many of them have occurred near major bear-market bottoms."
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Dow average plunges 513, worst drop since 2008 - Springfield, IL - The State Journal-Register
The Dow Jones industrial average plunged more than 500 points Thursday. Investors are concerned that the U.S. economy will enter another recession and that Europe's debt problems are not closed to being solved.
Major stock indexes fell more than 4 percent."
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Global stock sell-off accelerates - FT.com
The day’s move was kicked off by a steep fall in the yen after Tokyo intervened to weaken the currency in the latest move by a central bank to combat the impact of market turmoil. It was accelerated by news that the European Central Bank would return to the market to buy bonds issued by troubled debtor nations."
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