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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: PROLIFE who wrote (42423)3/27/2010 1:26:53 AM
From: RMF1 Recommendation  Read Replies (1) | Respond to of 71588
 
I'm ROTFLMAO too much to reply to that...eom



To: PROLIFE who wrote (42423)6/13/2010 12:03:23 AM
From: Peter Dierks  Read Replies (1) | Respond to of 71588
 
Comes the Double-Dip Recession
by Dick Morris and Eileen McGann

06/09/2010

The drop in the stock market (now about 1,000 points on the Dow) is a graphic indication of the stark fact that we are entering the infamous double dip of the recession, long feared and predicted. The economy is not in a V after all (down and then up) but in a W (down, up, down again and then, finally, up). And the cause of the second dip is not the recession itself, but the cure administered to it by President Obama and the Democratic Congress.

Consider the indications (data provided by New America Foundation, analysis by Sherle R. Schwanninger and Samuel Sherraden):

-- Gross domestic product growth has only been 2.2 percent, 5.6 percent and 3.2 percent for each of the last three quarters, well below the rebounds typical in past recessions.



-- Total civilian employment has rebounded by only 1 percent since the depth of the unemployment five months ago. In 1973, at a comparable point, it had rebounded by 7 percent. In 1981, by 8 percent. In 1990, by 4 percent. And in 2001, by 3 percent. U-6, the broadest measure of unemployment, stands at 17.1 percent.

-- Housing prices have dropped by 30 percent since 2006, and "many economists expect housing prices to decline at least another 10 percent," according to Schwanninger and Sherraden.

-- While corporate profits are 30.6 percent higher than one year ago, wages are up by only 1.6 percent, less than half their rate of increase two years ago.

-- Financial sector profits make up 35.7 percent of all domestic corporate profits. These gains are driven by trading revenue, which does not reflect real economic growth. Schwanninger and Sherraden report, "In the first quarter of 2010, Goldman Sachs, Morgan Stanley and Bank of America earned 72 percent, 45 percent and 16 percent of their net revenue (respectively) from trading profits."

-- Personal savings dropped from a high of almost 6 percent to 2.7 percent in March, 2010, so households have cut their debt by just $300 billion since it peaked in 2008. So household debt, which rose from 60 percent of GDP in 1990 to almost 100 percent in 2008, has only dropped to 97 percent. It has a long, long way to go before it goes down enough to free consumers to spend more.

-- Meanwhile, retail sales have averaged only a 1.7 percent increase over the past three quarters, half of which was merely to restock inventories. Schwanninger and Sherraden note that "in a typical recovery, the rebound is closer to 3.5 percent." And most of that increase is due to expanding government cash transfer payments, which now make up 18.3 percent of personal income. "Excluding transfer payments, personal income increased just 0.3 percent since the third quarter of 2009."

-- And stimulus spending, which has failed to generate private sector growth, is now winding down. Only 43 percent of the tax benefits and entitlement spending remain to be doled out, as does 63 percent of the contracts, grants and loans in the stimulus package.

-- The strengthening of the dollar due to the collapse of the euro will dry up U.S. export trade. Exports to EU nations account for 21 percent of American and 20 percent of Chinese exports. Schwanninger and Sherraden note that "a European slowdown will reduce demand for the two primary engines of world economic growth."

But this second downturn in the economy will be accompanied by inflation, making it worse than the first recession. With interest rates set to rise (because the fed is no longer massively purchasing securities to keep them down), taxes set to go up (because of Obama's ideology) and global energy use about to increase, sending prices higher (because the rest of the world is recovering), prices have to go up. But with no growth in real personal income and household credit close to all-time highs, there is not enough demand to pay the higher prices, so a deeper slump will ensue.

The solution? Cut -- don't raise -- taxes. And bring down the deficit through massive spending cuts. Reduce our borrowing needs by slashing our spending. Free up capital to feed job growth.

It should be evident to all that Obamanomics is a disaster. It reminds one of nothing so much as the Medieval practice of bleeding the patient to make him well by expelling the evil spirits that dwelt within. When the patient did not recover, they just bled him more and, when he died, they just said that the spirits killed him. The practice of spending, borrowing and then taxing to fuel job growth is the modern analogy.

--------------------------------------------------------------------------------
Mr. Morris was an adviser to Bill Clinton for 20 years. He is the author of a new book "Condi vs. Hillary." Mrs. McGann, an attorney and consultant, is a CEO of VOTE.com and LegislativeVote.com. She works with Mr. Morris on campaigns and around the world, specializing in using the Internet to win elections.

--------------------------------------------------------------------------------
humanevents.com



To: PROLIFE who wrote (42423)9/27/2010 10:10:42 AM
From: Peter Dierks1 Recommendation  Read Replies (1) | Respond to of 71588
 
Menace of 9/11 myths
Last Updated: 6:57 AM, September 26, 2010
Posted: 2:52 AM, September 26, 2010
Michael Goodwin

Let's be kind. Let's say it was a coincidence that, at about the same time the Iranian madman was at the UN spewing his nonsense that 9/11 was an "inside job," the Pakistani terror mom was in a downtown courtroom claiming Israelis destroyed the Twin Towers.

Now let's be honest. The only coincidence was the timing. The similar content of the two claims illustrates a growing menace in the Muslim world.

The myth-making about 9/11 is spreading, and so is the danger. Nine years after the mass murder by Islamic terrorists, conspiracy theories are deflecting Muslim guilt and inflaming a new generation of jihadists, many of them living in the West.

It is comforting for leftist Americans to dismiss the "truthers" as crackpots since they are the same kind of people who celebrated as the towers and the Pentagon were burning. But the increasing boldness of the wild claims is an alarming indication of how widely accepted they are among mainstream Mideast audiences. We ignore this new phenomenon at our peril.

While Westerners who buy the claims tend to mutter to themselves on the subway and swear the CIA scrambles their television, the scary stuff coming from the Muslim world cannot go unchallenged.

"Some segments within the US government orchestrated the attack to reverse the declining American economy and to save the Zionist regime," Iranian President Mahmoud Ahmadinejad said in his Thursday UN speech.

The same day, about three miles south, a veiled Aafia Siddiqui, sentenced to 86 years for trying to kill Americans in Afghanistan and who also plotted New York attacks, charged Israel was connected to 9/11. "I'm not anti-Israel, but, yes, I have said they masterminded 9/11 and I have proof of that," said the MIT-educated Pakistani.

Whatever their mental state, their message must be taken seriously. To many Muslims, the belief that Islamists are being blamed for an atrocity carried out by Americans or Israelis fits into a larger theory that the West is oppressing Islam.

As I have written, firm opposition by New Yorkers to the Ground Zero mosque is another piece of "evidence" to believers. In short, anything and everything we say and do is proof Islam is under attack.

Tony Blair, the former British prime minister, identifies the wide acceptance of the victimization narrative as a major factor fueling terrorism. As he writes in his memoir, "A Journey," actual terrorists "are small in number, but their narrative . . . has a far bigger hold."

He says Muslim political leadership often "feels impelled to go along with this narrative for fear of losing support."

Or their heads.

Blair sees President Obama's outreach to the Muslim world as ambiguous at best. Writing of Obama's Cairo speech last year, he says, "It was in part an apology, and taken as such. The implicit message was: We have been disrespectful and arrogant."

However, he adds: "The trouble is, respectful of what, exactly?" Respect for Islam "should not mean respectful of the underlying narrative."

He suggests Obama has work to do. "It is the narrative that has to be assailed," he argues. "It should not be respected. It should be confronted, disagreed with, argued against on grounds of politics, security and religion."

As Obama nears the halfway mark of his term, it is obvious his soft engagement with Iran has failed and his bended-knee plea to Arab governments has yielded little help in the fight against al Qaeda and the Taliban.

The result is a growing terror threat at home and abroad. Just in time, Blair has offered a better path forward. The question now is whether Obama will rise above his personal pride and misguided ideology to embrace it.

I hope he does, but fear he won't.

Give-'em-el spitzer off his leash at cnn

That didn't take long.

In what could be an omen of disaster to come, CNN's strange experiment with Eliot Spitzer got off to a rocky start. Even before his new show begins, Spitzer gave viewers the full monty of his split persona in an appearance last week.

One minute he was the egghead pedant as he discussed New York politics, then he shifted into attack mode as he blasted Andrew Cuomo, calling him the "dirtiest, nastiest political player out there."

Beyond the pot calling the kettle black, the outburst was a likely preview of how Spitzer will use his soapbox to settle personal scores. He still accuses Cuomo of playing politics with the Troopergate probe, where the attorney general raised the specter of then-Gov. Spitzer improperly using the police to gather dirt on a political rival.

Spitzer probably also believes Cuomo set up the hooker sting.

The fact is that Spitzer was a disaster as governor and the hooker bust was merely the final straw in a destructive spiral.

Maybe CNN has finally figured that out and is having buyer's remorse: The exec who hired Spitzer was suddenly fired last week.

An A-plus for school flunkers

It may seem odd to celebrate failure, but the city's decision to hold back 11,481 students is very good news. It means the educrats finally are getting serious about ending social promotion.

The fivefold increase in students required to repeat a grade is a direct result of state officials raising the bar on standardized exams. The higher "cut" scores and tougher tests caused city pass rates to plummet, so officials are right to admit that students don't have the skills to succeed at a higher level.

Still, the Department of Education retention numbers mean a mere 3 percent of the students in grades 3 through 8 is not being promoted. That's far more than in past years, but a fraction of the approximately 50 percent who failed to meet proficiency standards last spring in reading and math.

Related pieces of the puzzle involve teacher evaluations and dismissals. There, too, the numbers are moving in the right direction, but too slowly.

Some 95 percent of all teachers are returning from last year, and a mere 32 -- yes, 32 -- with tenure were terminated, according to department stats. That's only one more tenure firing than the previous year.

In the overall pool of 78,000 teachers, only 2.3 percent received an "unsatisfactory" rating, continuing a pattern of small increases in the last five years.

Part of the problem with teacher ratings is a process designed by union contract to be incredibly time-consuming and divorced from student performance. It's much easier for principals to rate teachers "satisfactory" and urge them to find another school.

"The dance of the lemons" is how a former chancellor described the game. Clearly, the music is still playing.

nypost.com



To: PROLIFE who wrote (42423)10/17/2012 10:44:24 AM
From: Peter Dierks  Read Replies (1) | Respond to of 71588
 
Après Moi, Le Deluge:
How Clinton Left Ticking Terror Time Bombs For Bush To Discover

From: Off With Their Heads - Traitors, Crooks & Obstructionists In American Politics, Media, Business

by Dick Morris

As King Louis XV lay dying, he ruminated about the state of the pre-revolutionary French kingdom his son would soon inherit. Every-where he looked, he saw peril-the anger of the peasants, the arrogance of the nobility, the unfairness of the tax system. Sadly, he reflected that the young man who would become Louis XVI faced tough times. Old King Louis may not have known that his son and his daughter-in-law, Marie Antoinette, would lose their heads to the guillotine, but he must have had some sense of looming catastrophe. "Après moi, le deluge," he said. After me, the disaster.

As Bill Clinton left office in January 2001, America was outraged by his final insult to the integrity of his office-the pardons he granted to the rich, corrupt, and underserving. But only months later we learned of his final, horrific insult to us-that he had bequeathed to George W. Bush three ticking time bombs that would shortly explode: al Qaeda, Iraq, and North Korea.

President Calvin Coolidge's name was forever blackened after the apparently prosperous economy he left his successor, Herbert Hoover, imploded in a stock market crash seven months later. If history is just, President Bill Clinton's will likewise be blamed for leaving George W. Bush a nation unaware of, and unprotected from, the deadly peril that hit seven months later.

How much did he know? Everything he needed to. ...

vote.com

Excepted chapter from a Dick Morris book.