How Central Banks Printing Money Turns Into Stock Bubbles - From Bloomberg:Japans $1.2 trillion Government Pension Investment Fund will increase its allocation target for local shares to about 25 percent from 12 per...
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Doo Doo Economics are the policies of overspending, printing money, neglecting the key economics issues, bad science and promoting entitlement programs which all add up to higher taxes during a recession and economic unsustainablility.
Proposition 32 and Public Sector Worker Reforms
The poll finds 45 percent of likely voters support Proposition 32, while 48 percent oppose it. Prop. 32 would prevent unions and corporations from using automatic paycheck deductions for political purposes.
While voters may reject telling unions how they can collect or spend their money, they are eager for elected officials to rein in public sector worker costs. In fact, 77 percent say they favor requiring government workers to pay more for their own health care and retirement benefits; 20 percent oppose doing so.This poll coincides with broad sentiments responsible for the tea party movement and a growing belief that public employee unions are hurting the common welfare. On September 10, 2012, Polling Shows Most Americans Think Teachers Unions Have Hurt Public Education Quality reported the following:
Likewise, 69 percent say future government workers—those who haven’t been promised defined-pensions—should be offered 401(k)-style retirement plans instead of the guaranteed pensions currently provided.
Nearly three quarters, 74 percent, of Californians say taxpayers should get to vote on retirement and benefit increases before they are given to government workers. Just 22 percent say taxpayers should not get to approve public sector benefit increases. The public wants its voice to be heard on the issue because 53 percent feel public sector unions have too much power over elected officials at the negotiating table and 42 percent say government unions hurt the state economy. Seventeen percent say public sector unions help the economy.
One specific example: 53 percent of Californians say the average state prison guard, who costs taxpayers over $100,000 a year in salary, overtime and benefits, is overpaid. Thirty-eight percent say guards are paid about the right amount and 6 percent say they are underpaid.
Since 1976, Gallup has surveyed Americans’ perception of teachers unions' efficacy. In April 1976, 38 percent of Americans believed that teachers unions hurt the quality of public education in the United States. By 2011, nearly half of Americans think teacher unionization has hurt the quality of public education in the United States.
Israel has long suspected Hamas and other terror groups in Gaza of having such weapons, and amid the chaos accompanying the downfall of the Gaddafi regime in Libya many went missing, and more are believed to have been smuggled into the Strip, via tunnels from the Sinai peninsula.
Soviet-designed Strela-2 missiles (known by NATO as SA-7 Grail) have been used in various insurgencies around the world, including the mujahedeen’s fight against the Soviets in Afghanistan, and the anti-coalition insurgencies in Iraq and Afghanistan over the past decade.
MANPAD’ ease of operation, portability and relatively low cost make them a weapon of choice for terrorists wanting to target civilian or military aircraft.
The reported use of a MANPAD by Gaza-based terrorists came during the same week as Hezbollah, the Shi’ite Iranian proxy in Lebanon, deployed a drone aircraft over Israel.
"their presence grows every day. They are certainly more established than we are.”Digital Journal reported in February 2012:
He also said that some 10,000 to 20,000 shoulder-fired missiles are missing from Libyan arsenals.
The U.S. government has allocated $40 million in an attempt to secure the weapons stockpiles...
In a November CNN interview, House Intelligence Committee chairman Mike Rogers expressed reservations that “very undisciplined” Libyan troops will “secure the weapons sites” until stability returns to Libya.
On the same day of Rogers’ interview, a North African commander with Al Qaeda Organization in the Islamic Maghreb said his group was in possession of some of the weapons, looted during the conflict for control of Libya.Russian-made SA-14 and SA-24 MANPADS are more effective and make up some portion of the missiles that fell into the hands of Al Qaeda in Libya.
Most of the shoulder-fired missiles in rebel arsenals have come from Libya, smuggled into the country through the Turkish border without the official blessing of regional states or their Western backers, several rebel coordinators said.
Other shoulder-fired, surface-to-air missiles, which these rebels identified as Russian-made Strela systems, have been supplied by militant Palestinian factions now supporting the Syrian uprising and smuggled in through the Lebanese border, they said. Syrian military defectors also say they have been able to buy some SA-7's—a Russian-designed Manpad—from regime forces since the summer.
Representative Dennis Kucinich (D-Cleveland), a staunch and consistent opponent of American intervention in the Middle East, reminded everyone that:
•Our bombing and destruction of Libya was not authorized.
•Obama never received approval from Congress for any of the actions America took in that war
Of course, yesterday was already a painful day for our nation as we marked the solemn memory of the 9/11 attacks. We mourned with the families who were lost on that day. I visited the graves of troops who made the ultimate sacrifice in Iraq and Afghanistan at the hallowed grounds of Arlington Cemetery, and had the opportunity to say thank you and visit some of our wounded warriors at Walter Reed. And then last night, we learned the news of this attack in Benghazi.President Obama knew during the Rose Garden speech that the attack was terrorism, but attempted to blame a youtube video over the next two weeks. A lie still pushed by Media Matters. Regardless, the speech mentioned 9/11/01 and the sacrifices by our military in the battle against terrorists. The speech then connected the military service of the former Navy SEALs and Ambassador Stevens service to the sacrifices of other military service members. Clearly, the speech did not describe the Benghazi attack as terrorism.
As Americans, let us never, ever forget that our freedom is only sustained because there are people who are willing to fight for it, to stand up for it, and in some cases, lay down their lives for it. Our country is only as strong as the character of our people and the service of those both civilian and military who represent us around the globe.
No acts of terror will ever shake the resolve of this great nation, alter that character, or eclipse the light of the values that we stand for. Today we mourn four more Americans who represent the very best of the United States of America. We will not waver in our commitment to see that justice is done for this terrible act. And make no mistake, justice will be done.
You said in the Rose Garden, the day after the attack, it was an act of terror? It was not a spontaneous demonstration?President Obama's reply:
Please proceed Governor.Evidence that the debate preparation of President Obama included the specific phrase "Act of Terror" in order to link back to the comment about 9/11/01. This is clearly deception against the American people, revealed by the President's "voting present" non-answer to the specific phrase "spontaneous demonstration."
In an interview with ABC News last month, Glen Doherty, a 42-year-old former Navy SEAL who worked as a contractor with the State Department, said he personally went into the field to track down so-called MANPADS, shoulder-fired surface-to-air missiles, and destroy them.The "Fast and Furious" style arming of Libyan rebels allowed military-grade U.S. weapons to fall into the hands of terrorists. Weapons that were almost certainly used in Benghazi during the terrorist attack. Weapons that may have been used in any of the over 20 American embassy attacks since the incident.
Intelligence officials said in Egypt—currently ruled by the Islamist Muslim Brotherhood—one of the key al Qaeda organizers has been identified as Muhammad al-Zawahiri, brother of al Qaeda leader Ayman al-Zawahiri. Muhammad al-Zawahiri was released by Morsi in March after having been sentenced to death for terrorist acts in Egypt.Facts that could sink the reelection hopes of President Obama.
In recent months Egypt-based al Qaeda terrorists were dispatched to Libya and Syria, where they have been covertly infiltrating Libyan militia groups and Syrian opposition forces opposing the Bashar al Assad regime.
"The system would be [directly] challenged a second time, this time by Libya. In February of 2009, Muammar Gaddafi was elected the chairman of the African Union and would continue the effort to create the United States of Africa, which among other things, would include a unified currency, a dinar based on gold. Gaddafi went so far as to suggest that the African nations' oil trade would be switched from the dollar to this new gold currency."In order to remove Gaddafi, President Obama used Ambassador Stevens as the intermediary with Libyan rebels. The Ambassador was the one person with complete information on the arming of terrorists by the Obama administration. After the overthrow of the Gaddafi regime, those arms needed to be collected or erased.
I cried on Obama's shoulder. And he -- then he'd kind of looked off into the distance.In order to ensure that American-made weapons were not found at the destroyed Benghazi consulate, the Obama administration delayed investigations by floating a cover story about a nonexistent protest due to an anti-Islamic video. The cover story was provided by the CIA in a quickly declassified document stating:
So that was worthless to me. I want to know, for god's sakes. Or for Allah's sake or whoever's sake is there.
'The currently available information suggests that the demonstrations in Benghazi were spontaneously inspired by the protests at the U.S. Embassy in Cairo and evolved into a direct assault against the U.S. diplomatic post in Benghazi and subsequently its annex.'During the delay, CNN found the Ambassador's dairy, but all weapons were removed from the scene by hostile forces. Weapons that may have directly linked back to the Obama administration in a repeat of the Fast and Furious scandal. The weapons taken also included a cache of British weapons which had been stored in the annex.
The head of the U.S. military's Africa Command said Wednesday that some of those who attacked the U.S. Consulate in Benghazi, Libya were linked to al Qaeda's North Africa arm.
Canada: Doctors on Strike, TIME magazine retro, Saskatchewan, July 1962
- Between a third and a quarter of GPs' surgeries affected
- Doctors still turning up to work to deal with emergencies
- Lansley says thousands of patients inconvenienced
- BMA accuses government of misleading public
Some strikes no one wins, and a doctors' strike is plainly one of them. Last week, refusing to practice under a socialized medical insurance plan enacted by the Saskatchewan legislature, two-thirds of the province's 900 doctors locked up their offices and went off on vacation.The Ontario Doctors’ Strike, 1986
In Ontario and Alberta, animosity against the federal legislation ran high. Doctors in both provinces rejected what they saw as attempts to “dictate how medicine should be practiced”Doctors, professors on strike against Italy's spending cuts, 28 SEPTEMBER
Strikers included civil servants, university employees and doctors, ruling out all but emergency medical visits. Labor leaders organized demonstrations across the capital.Germany: Doctors’ Strike about to be prevented, Jan. 19th, 2012
Earlier this autumn more than 2,000 Slovak doctors began to resign en masse, complaining that they were grossly underpaidEstonian doctors continue their strike, October 9th, 2012
The Hospitals Association has proposed a 6.6 percent raise for its employees, but that is contingent on whether the Health Insurance Fund agrees to make changes in its prices for service.Portugal: Operations cancelled as medical staff strike, 11 July 2012
The health ministry has warned that as many as 4,500 operations and 400,000 appointments may be cancelled.
Obama and groom Julius Genachowski, whom Obama would later tap to head the Federal Communications Commission, were Harvard Law School classmates at the time and members of the Harvard Law Review.Regardless of the stacking of the deck in favor of the Democrat incumbents, and current VP Joe Biden's 40 year debating career as a U.S. Senator, Rep. Paul Ryan is the obvious favorite on Thursday. In addition to the tea party's four years of economic preparation, Rep. Ryan is honing his skills as you read this. Paul Ryan has been preparing for the debate with attorney Ted Olson, who's wife was killed on Sept. 11, 2001.
The Republican attorney famously argued in federal court for same sex marriage and against Proposition 8. Paul Ryan is against same sex marriage.Vice President Joe Biden has been in Wilmington, Delaware preparing for the debate with senior campaign adviser David Axelrod. Biden increased his debate prep from four to six intense days after the first presidential debate.
At a LGBT dinner in Washington D.C. in March, the renowned attorney called the battle against Proposition 8 “the highlight of my life” and “this is the most important thing we’ve done in our lives,”
Olson served as Solicitor General in the George W. Bush administration, and as Assistant Attorney General for the Office of Legal Counsel in the Administration of Ronald Reagan.
Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.America is not a place or an era, it is the idea of individual freedom. America is the culmination of western philosophy. It is the idea put forth in the U.S. Constitution that all men are created equal. That we are not either kings or slaves by birth, but citizens with God given rights. Rights that our government is established in order to protect.
21:33:26: LEHRER: About the idea that in order to reduce the deficit, there has to be revenue in addition to cuts.The president started the debate with the first question on jobs. Since it is difficult to defend such a horrendous record, the initiative was taken by Gov. Mitt Romney. Years of tea party concerns about economic policy, constitutional rights and ObamaCare paved the way for an impressive rebuttal to the Obama presidency. Governor Romney revealed what many of us have known about President Obama, as million-dollar-Obama-Campaign-donor Bill Maher tweeted:
21:33:30: OBAMA: There has to be revenue in addition to cuts. Now, Governor Romney has ruled out revenue. He's ruled out revenue.
21:44:43: LEHRER: Mr. President?
21:44:44: OBAMA: First of all, I think it's important for Governor Romney to present this plan that he says will only affect folks in the future.
And the essence of the plan is that you would turn Medicare into a voucher program. It's called premium support, but it's understood to be a voucher program. His running mate...
21:45:05: LEHRER: And you don't support that?
21:45:07: OBAMA: I don't. And let me explain why.
i can't believe i'm saying this, but Obama looks like he DOES need a teleprompterA video reports to show President Obama stating "You won" to Gov. Romney at the end of the debate.
— Bill Maher (@billmaher) October 4, 2012
By the end of the debate, Obama had spoken for nearly 43 minutes and Romney had spoken for 38 and a half minutes, according to CNN’s clock.The debate defeat of Barack Obama was historic. Two-thirds of debate watchers believe Mitt Romney won the debate. Just 25% of debate watchers believe President Obama won the debate and 67% pointed to Mitt Romney as the winner.
"No presidential candidate has topped 60% in that question since it was first asked in 1984," says CNN Polling Director Keating Holland.The highlight of the debate per Frank Luntz's focus group was from Mitt Romney, who scored nearly 100% with undecided voters. Per the CNN transcript:
22:24:50: ROMNEY: We -- as president, I will sit on day one -- actually, the day after I get elected -- I'll sit down with leaders -- the Democratic leaders, as well as Republican leaders, and continue -- as we did in my state -- we met every Monday for a couple hours, talked about the issues and the challenges in the -- in the -- in our state in that case. We have to work on a collaborative basis, not because we're going to compromise our principle, but because there's common ground. And the challenges America faces right now -- look, the reason I'm in this race is there are people that are really hurting today in this country. And we face -- this deficit could crush the future generations. What's happening in the Middle East, there are developments around the world that are of real concern.Intrade chances of Mitt Romney becoming president increase by 3.5 points to 33.4%.
22:25:53: LEHRER: All right.
22:25:53: ROMNEY: And Republicans and Democrats both love America. But we need to have leadership -- leadership in Washington that will actually bring people together and get the job done and could not care less if -- if it's a Republican or a Democrat. I've done it before. I'll do it again.