CO-Sen: Bennet's newest ad hits Buck's extremism
18 minutes ago
But the economist fears that the Fed's "throwing money at the system" will not help improve the fundamentals of the real economy. Instead, he believes, excessive monetary growth has merely driven excessive consumption in the U.S., with consumers living beyond their means and speculators "piling one bubble, housing, on top of the Nasdaq [tech] bubble" that popped in 2001-2001.Read More......
"The easy money, the easy credit -- you can't solve your problems with what caused them in the first place," Faber declares.
He posits that a fully-realized recession at the turn of the millenium might have been for the best, restabilizing the world credit markets. "The longer you postpone the hour of truth, the worse it will be," he augurs. "We will reach 'zero hour,' when more debt doesn't help."
About 6:40 pm today, the Obama campaign issued a written statement from the candidate saying that he "strongly disagree(s)" with McClurkin's views. Still, a spokesman said McClurkin would remain part of the concert line-up.That's nice, Senator. You strongly disagree with the bigot who thinks I need to be cured, and who has declared "war" on me and my people, but you're going to put the guy on stage with you anyway in order to make a few bucks. Nice. I wonder what Obama would say if Hillary invited David Duke to speak at an event but then said, not to worry, she really loves black people - kisses!
“I have clearly stated my belief that gays and lesbians are our brothers and sisters and should be provided the respect, dignity, and rights of all other citizens. I have consistently spoken directly to African-American religious leaders about the need to overcome the homophobia that persists in some parts our community so that we can confront issues like HIV/AIDS and broaden the reach of equal rights in this country," Obama said in the written statement.
"I strongly believe that African Americans and the LGBT community must stand together in the fight for equal rights. And so I strongly disagree with Reverend McClurkin’s views and will continue to fight for these rights as President of the United States to ensure that America is a country that spreads tolerance instead of division," the statement added.
McClurkin's appearance on behalf of the Obama campaign is now drawing fire from at least one gay rights group, and it was criticized sharply by writer Earl Ofari Hutchinson, who observed that "healing and consensus building does not mean sucking up to someone that publicly boasts that he's in 'a war' against gays, and that the aim of his war is to 'cure' them." It's also become something of an issue in the liberal blogosphere and more specifically on the gay blogs, too. The critics point out that Obama demanded the firing of a Justice Department official for racially-charged comments, and want him to condemn McClurkin, too.Read More......
We contacted the Obama campaign for comment on this early this afternoon, asking whether it would disavow his remarks. As of this evening, the Obama campaign had yet to comment. We'll bring you their statement if they do say something.
"Americans For Truth has learned that a White House official has boasted to pro-family leaders attending a private administration briefing that White House staffers were involved in the negotiations to craft expanded religious exemption language for the new ENDA bill," according to Peter LaBarbera's Americans For Truth organization.Three things we learn from Peter.
"At the briefing, the White House official did not commit to the assembled evangelical leaders that the president would veto [ENDA], saying that they will wait to see the bill's final language, according to our source. This is troubling in that vetoing ENDA in any form is regarded as a 'no-brainer' by pro-family activists, who are counting on Bush to stop it," he continued
"ENDA would ultimately give liberal judges the authority to subjectively determine who qualifies for the exemption. It's the goose that laid the golden egg for homosexual activist attorneys, and it would open the floodgates for lawsuits against employers who wish to live out their faith and even those who don't," he said.... "Failure to veto ENDA would be a devastating defeat for pro-family forces and a huge gift to homosexual lobbyists.... He said it is a dangerous precedent to install in federal law "rights" based on changeable homosexual/bisexual behavior.... "It must be remembered that top homosexual strategists now assert that their 'moral' claim (the right not to be treated differently based on their 'sexual orientation') trumps our religious/moral obligation to oppose homosexuality," LaBarbera said.The religious right understands the cultural, legal, and political implications of passing ANY federal gay civil rights law, regardless of how "toothless" it is, or is claimed to be.
George W. Bush's overall job approval rating has dropped to 25% as nearly seven in ten Americans say the national economy is getting worse according to the latest survey from the American Research Group. This matches the lowest approval rating for Bush recorded by the American Research Group.I really suspect that moderate Republicans are no longer calling themselves Republicans anymore, and that's why Bush's poll numbers stay so high among Republicans - meaning, the Republicans who don't approve of Bush have left the party, or at least don't declare themselves as Republicans anymore. There is no way that 67% of the Republicans I know still approve of Bush. Read More......
Among all Americans, 25% approve of the way Bush is handling his job as president and 67% disapprove. When it comes to Bush's handling of the economy, 23% approve and 67% disapprove.
Among Americans registered to vote, 26% approve of the way Bush is handling his job as president and 67% disapprove. When it comes to the way Bush is handling the economy, 25% of registered voters approve of the way Bush is handling the economy and 67% disapprove.
Approval among Republicans has dropped back to 67%.
President Bush will ask Congress for another $46 billion to fund the wars in Iraq and Afghanistan and finance other national security needs, The Associated Press has learned....And just in case you didn't think Bush and the Republicans play politics with the money that they keep telling us is the lifeline for our troops:
To date, Congress has already provided more than $455 billion for the Iraq war, with stepped-up military operations running about $12 billion a month. The war has claimed the lives of more than 3,830 members of the U.S. military and more than 73,000 Iraqi civilians.
The delays in submitting the remaining war funding request were in part due to unease among congressional Republicans about receiving it during the veto override battle involving a popular bill reauthorizing a children's health insurance program.Yes, they need the money or our troops will be in harm's way. That is, unless it's not politically expedient to ask for the money to "save our troops," then the Republicans won't. Read More......
Bill Kristol of The Weekly Standard, appearing on Fox News Sunday, contended that "it looks like the Iranian government is going for the full hard line on their nuclear program. And I think we are going to have to be serious about dealing with both their intervention in Iraq -- which is now the only real threat, I think, incidentally, to relative success in Iraq -- and their nuclear program." Asked if he is predicting war, Kristol replied, "I think there could be a use of force. ... There has to be the credible threat of force both on the nuclear issue. ... I think the short- term question is does [Gen. David] Petraeus think he needs a little help across the border to secure our successes in Iraq. And if so, I think the president will give it to him. We can't let them just build IEDs and train Iraqis with impunity across the border."At the same time, the U.S. is trying to prevent Turkey from responding to an attack within Turkey launched from Iraq:
Turkey has deployed as many as 100,000 troops, backed by tanks, F-16 fighter jets and attack helicopters along its border with Iraq in anticipation of a possible incursion.And we wonder why the U.S. has no credibility. Read More......
Asked about any pending attack, Defense Minister Vecdi Gonul said on Sunday: "Not urgently. They are planning a cross-border (incursion)...We'd like to do these things with the Americans."
The United States and Iraq have called on Turkey to refrain from a military push into the largely autonomous Kurdish region, one of the few relatively stable parts of the Iraq since the U.S.-led invasion in 2003.
Anxious to avoid upsetting air travelers, NASA is withholding results from an unprecedented national survey of pilots that found safety problems like near collisions and runway interference occur far more frequently than the government previously recognized.Read More......
NASA gathered the information under an $8.5 million safety project, through telephone interviews with roughly 24,000 commercial and general aviation pilots over nearly four years. Since ending the interviews at the beginning of 2005 and shutting down the project completely more than one year ago, the space agency has refused to divulge the results publicly.
Just last week, NASA ordered the contractor that conducted the survey to purge all related data from its computers.
The Associated Press learned about the NASA results from one person familiar with the survey who spoke on condition of anonymity because this person was not authorized to discuss them.
A senior NASA official, associate administrator Thomas S. Luedtke, said revealing the findings could damage the public's confidence in airlines and affect airline profits. Luedtke acknowledged that the survey results "present a comprehensive picture of certain aspects of the U.S. commercial aviation industry."
"The financial crisis that erupted on August 9 was an accident waiting to happen," Greenspan said in a speech on the sidelines of the International Monetary Fund and World Bank meetings. "Credit spreads across all global asset classes had become suppressed to clearly unsustainable levels."Uh huh. What a convenient answer. Read More......
"Something had to give," he said.
"If the crisis had not been triggered by a mispricing of securitized U.S. subprime mortgages, it would eventually have erupted in some other sector or market," Greenspan said.
|
|
|
|
|
|
|
|
|
|
|
|
|
© 2010 - John Aravosis | Design maintenance by Jason Rosenbaum
Send me your tips: americablog AT starpower DOT net