Category Archives: News

MARSHALL ISLANDS, A SINKING PARADISE?

ABC reports from Cancun:

Encroaching seas in the far Pacific are raising the salt level in the wells of the Marshall Islands. Waves threaten to cut one sliver of an island in two. “It’s getting worse,” says Kaminaga Kaminaga, the tiny nation’s climate change coordinator.

The rising ocean raises questions, too: What happens if the 61,000 Marshallese must abandon their low-lying atolls? Would they still be a nation? With a U.N. seat? With control of their old fisheries and their undersea minerals? Where would they live, and how would they make a living? Who, precisely, would they and their children become?                    (Emphasis ours)

However, the oceans around the Marshalls haven’t risen since the 1930’s and salt in the wells is due to excessive depletion by the pineapple growers, not from “encroaching seas.” According to world renowned sea level scientist Dr. Nils-Axel Mörner, the claim that this sea level is rising is a total fraud and he presents the science to back up his assertion.

Further down the ABC report we find this:

This week in Cancun and in the months to come, the Marshalls’ representatives will seek international aid for climate adaptation. They envision such projects as a Jaluit causeway, replanting of protective vegetation on shorelines, and a 3-mile-long (5-kilometer-long) seawall protecting their capital, Majuro, from the Pacific’s rising tides.

It’s always about the money, isn’t it? In fact it’s only about the money, isn’t it?

CAPITALISM CAUSES RAIN

Venezuela has been hit by heavy rains. Deaths are reported at 32 with 70,000 left homeless. Socialist President Hugo Chavez holds “criminal capitalists” responsible for the disaster. God, Satan and mother nature get off scot-free. Preposterous, isn’t it! Nobody could believe it, could they? Nobody believes in flying saucers either, do they! Or… do they?

Here in the United States the citizenry are better informed. Blaming thunderstorms on “totalitarian socialists” wouldn’t fly. A few of us up here in North America may say it was God or Satan acting up, but most will simply say it was “just mother nature.” Now, we all know mother nature is organic and organic is “in”. It would be doubly incorrect to hold
such a lady responsible for the misery caused. So let’s blame the President. After all, someone has to be to blame. Accidents don’t just happen.

HELEN THOMAS COMES OUT, AGAIN

HELEN THOMAS, STILL INVINCIBLE AT 90

Helen Thomas, May 27, 2010
Jews should get the hell out of Palestine” and “go home to Germany and Poland.”

Helen Thomas, June 3, 2010
“I deeply regret my comments I made last week regarding the Israelis and the Palestinians. They do not reflect my heart-felt belief that peace will come to the Middle East only when all parties recognize the need for mutual respect and tolerance. May that day come soon.”
But this apology failed to save her job, so…

Helen Thomas, December 2, 2010
When a reporter from the Detroit News asked about her statements of May 27th,
“I stand by it. I told the truth,”

Helen Thomas is through and through a Democrat. Why in the world is it that American Jews solidly vote Democrat?

NAKED SCANNER COMPANY IS EXPOSED

Those Naked Body Scanners the TSA is using are made by a company named OSI Systems, Inc. The company spends millions on lobbying for government business. Their Chairman and CEO was invited to join Obama on his India trip. Here is the press release.

OSI Systems Press Release, November 12, 2010:
OSI Systems Chief Executive Officer Joins US Presidential Visit to India

HAWTHORNE, Calif.–(BUSINESS WIRE)– OSI Systems, Inc. (NASDAQ: OSIS), a vertically-integrated provider of specialized electronic products for critical applications in the Security and Healthcare industries, today announced that Deepak Chopra, Chairman and CEO, was selected to accompany US President, Barack Obama, to Mumbai and attended the US India Business Entrepreneurship meeting, which was held by the US India Business Council (US IBC). The goal of the meeting was to promote further trade between US and India.

PELOSI INVOKES HOUSE RULE TO BLOCK UNEMPLOYMENT BILL THEN CONDEMNS REPUBLICANS FOR IT

Republicans are being condemned for blocking passage of the House bill to extend unemployment benefits. But wait; how can that be when Democrats control the House, the Senate and the Presidency?

The answer is the Democrats under the leadership of Speaker Nancy Pelosi carried out a strategy of presenting the bill under rules that would assure its failure. A credible claim could then be made that Republicans blocked the bill and cut income off to the unemployed at the start of the holiday season. It was a knight’s move in the game of politics.

Here is how it was done. Under the normal standing rules of the House a bill only needs a simple majority to pass. The bill as it was just presented, garnered 63% of the votes, so under the regular rules, it would have clearly passed the House. Two special rules had to be invoked to assure the bill’s timely failure. First of all, amendment proposals were disallowed, and second, a special rule requiring a supermajority for passage was invoked. With these two moves Speaker Pelosi engineered the failure of the bill.

One more step was taken to insure solid Republican voting against the bill. The cost wasn’t funded. It was stipulated that new borrowing be undertaken to meet the cost.

Surely it must be less than 1% of the public that is familiar with the Rules of the House. The press is little more aware of the intricacies of the rules and how they can be employed strategically. The watch dog is asleep. There could be little fear the public would see the ploy. But the fact remains, only the Democrats had the power to kill the bill. This they did. It was an action against the interests of their constituency taken for political gain and the public is none the wiser.

HEADLINE CORRECTNESS AT CNBC

Headline from CNBC Online, Nov 18, 2010

Nearly 1 in 5 Americans had mental illness in 2009″

The last line in the article reads,

The survey also found that 23.8 percent of women had some form of mental illness, compared with 15.6 percent of men.

That’s 50% greater mental instability among women than among men. I think the CNBC writers missed a good headline. That is not to say we agree with the results of the survey. We have no idea what the percentage should be.

THE BANKS HAVE THE MONEY

Banks are currently holding Excess Reserves of more than $1,000,000,000,000, that’s a trillion dollars in cash. Excess Reserves are funds over and above those required to meet mandated capital requirements. In plain English, the trillion is money to lend. It’s inventory, the same way as shoes are inventory in a shoe store.

Shoe shops are in business to sell shoes. Banks are in business to lend money. That’s how they generate a profit. The banks have the inventory; why aren’t the banks lending it? For the same reason as a shoe stores when shoe stores don’t sell  shoes. No customers.

Nobel Prize winning economist Gary Becker put it this way. “Corporate America isn’t borrowing because business leaders are frightened by the recent legislation”. The fright list includes:

  • Higher cost of hiring due to new health care legislation. How much higher is still unknown.
  • Likely increase of corporate taxes
  • A Congress and an administration that wants to add a carbon tax on business, cost unknown.
  • A Congress and an administration that wants to strengthen the power of labor unions
  • A Congress and an administration that wants to reduce the spending power of consumers by increasing their taxes
  • Disincentives introduced by government dictates on executive pay and use of corporate aircraft
  • Rule of Law being replaced by regulatory discretion

In a recent interview Mr. Becker explained how recent legislation has been structured in a way that substitutes regulatory discretion for the Rule of Law. The result is a lack of a clear set of rules upon which a business can calculate the cost before adding employees and developing expansion plans.

Mr. Becker compiled his list well before November 4th. The election has taken the steam out of many of these fears. Give it a year and if the radical Democrats still look like they have lost control, business and the economy will begin to pick up. Oh yes, and if Europe doesn’t blow up, and if Bernanke’s plan doesn’t backfire.

“ONE AND DONE”

Douglas Schoen and Pat Caddell, writing for the Washington Post say President Obama should announce “One and done” with respect to his terms in office. These are the words of two Democratic operatives writing in a liberal newspaper.

“[Obama would be] putting national interests ahead of personal or political ones. To that end, we believe Obama should announce immediately that he will not be a candidate for reelection in 2012.”

No, the WaPo has not turned conservative; the paper continues to support the liberal agenda. However, it concludes those goals can best be served if Obama announces he will not run in 2012 because he Obama has “lost the consent of the governed.” The authors reason that, with the President out of the race, Republicans would be more “cooperative’ and less opposed to Obama.

They have it wrong. They still don’t get it. It is not Obama that Republicans and Conservative oppose; it’s his policies. And as for a promise not to run for a second term, who would trust that? The number of politicians who have made that statement prior to running for office must be in the thousands.

Schoen and Caddell acknowledge a measure of hostility and division coming from Obama without noting any similar animosity coming from his opposition.

“In recent days, he has offered differing visions of how he might approach the country’s problems. At one point, he spoke of the need for “mid-course corrections.” At another, he expressed a desire to take ideas from both sides of the aisle. And before this month’s midterm elections, he said he believed that the next two years would involve “hand-to-hand combat” with Republicans, whom he also referred to as “enemies.”

Could it be they are beginning to get it?

THE HUMAN DEVELOPMENT INDEX

The UN associated Human Development Index report uses a three factor formula to rate nations according to their performance in… what else, human development. Presumably, being top on the list means your country is doing the most to make a good life for its citizens.

The commission that produces the report made some interesting changes in the criteria this year. One of the criteria that had been used was per capita Gross Domestic Product (GDP), a measure of economic activity per person. This year they announced a shift “from Gross Domestic Product — what a country produces — to Gross National Income, what a country earns [on the basis that income] is a more human alternative”.

In measuring National Income they credit a country as having earned money received as financial aid and remittances back into the country from citizens living abroad. This is not small potatoes for some of the less developed countries. The Atlantic reports that “remittances back to Mexico are larger than Mexico’s income from oil exports. In the Philippines, they are the largest source of foreign exchange.” The effect is the more a country’s citizens leave their homeland for work elsewhere the higher their country rises on the Human Development Index because the money they send home is counted as National Income.

And what about that phrase “what a country earns”? The Index is purported to be a reflection of government. Governments don’t earn money, they levy a tax.

Changes in the other two criteria equally skew the output in favor of the Mexico’s of the world. We’ll save you the angst and leave you with this quote about unintended consequences from William Orme, spokesperson for the report. “The unintended consequences of these new variables was that the United States, which had never been in top ten, entered the top five”.

DEMS TO PELOSI – GO, YOU HAVE DONE ENOUGH HARM ALREADY

Defeated Democrats Implore Pelosi to Leave. Read it here.

A reasonable leader would find the grace to take defeat and retire with pride. Pride for what she did? Yes, pride. We abhor her goals and her methods. We detest what she accomplished. But she could have rejected us as we have her and walked into her own world with the knowledge that she did what presidents before her could not. For what we call Obamacare was named after its father but it was Nancy who gave it birth.

Now she fights on after the war has been lost and in her stubbornness turns on those who made her accomplishments possible only months ago. Radicals are unreasonable by nature. Thankfully they tend to be internally divisive as well. The radicals are scattered and only radicals will support her now. Nancy is done.

As far as she is concerned our time for anger is passed. Neither do we have time for pity.There is too much we have to do now that the sun is coming back out.

For instance: