CHAVEZ IS NOW BALD

President Hugo Chavez will undergo a third round of chemotherapy for cancer at home in Venezuela beginning Sunday, he said, instead of traveling to Cuba where he had two previous rounds of treatment.

The 57-year-old gave few details during a TV appearance on Saturday, but the choice to have his next session at home could indicate he is more optimistic about the pace of his recovery ahead of a bid for a new six-year term at an election in 2012.

The socialist leader underwent surgery in Havana in June to remove a baseball-sized tumor, then returned to the communist-led island twice for chemotherapy as the guest of his friend and mentor, former Cuban leader Fidel Castro.

CHAVEZ IS BECOMING AS UGLY AS HIS POLITICAL PHILOSOPHY:



PEOPLE LIKE HIM CAN'T SUFFER ENOUGH.

HOW DO YOU SAY "MICHELLE OBAMA" IN YIDDISH?

(IT'S YIDDISH FOR UGLY SOURPUSS.)


HER HUSBAND IS A FELLA WHO BLAMES HIS MISFORTUNES ON BAD LUCK.

TOO BAD WE HAVE TO SUFFER AS A RESULT OF HIS "BAD LUCK".

2 VELOCIPEDISTS: BUSH VERSUS OBAMA

DAUNTLESS VERSUS DAUNTED:















THE WIMP IN CHIEF...



UNABLE TO FULFILL HIS CORE CAMPAIGN PROMISES - LIKE CLOSING GITMO - AND UNABLE CHOOSE THE RIGHT POLICIES ON THE FLY - AND UNABLE TO TAKE ON HIS BASE FOR THE GOODS OF THE COUNTRY...

A WIMP.

UNREADY - IF NOT UNFIT FOR THE OFFICE.

ASSAD ATTACKS MOSQUE

Syrian security forces have attacked protesters at a mosque in the capital, Damascus, activists say.

Security officials stormed the al-Rifai mosque in the Kafar Susseh district, the activists said, reportedly wounding the mosque's imam.

Unconfirmed reports say at least one person was killed in clashes with troops on Saturday.

NO OUTRAGE EXPRESSED FROM THOSE WHO REGULARLY CASTIGATE ISRAEL FOR MUCH LESS.

WHY THE DISPARITY? IT'S THE ANTISEMITISM, STUPID!

THE INTERNATIONAL COMMUNITY TREATS ISRAEL DIFFERENTLY FROM ALL OTHER NATIONS - AND NOT IN A GOOD WAY.

ISRAELIS ARE DERIDED FOR DOING WHAT EVERY OTHER NATIONS DOES, AND WHEN OTHER NATIONS DO WORSE THAN ANYTHING ISRAEL HAS EVER DONE, THEY GET AWAY SCOT FREE.

SIGH.

Muslim woman from Morrocco escapes arranged marriage and becomes martial arts fighter

Via Big Peace, here's a very inspiring story, about Iman Achhal, a woman from a Muslim family in Morrocco who was going to be sold into an arranged marriage - yes, for the money - and was lucky to flee to the USA where she first worked in a firefighting department, and then became a fitness and martial arts instructor. An ideal career for plenty of women, in fact.

Update: here's an article about her on the Wash. Post too.

WHAT WE NEED MOST IN A PRESIDENT ISN'T GREAT INTELLECT; IT'S GOOD VALUES AND COURAGE

UPDATE:

THE LEFT IS TROTTING OUT THE MEME THAT RICK PERRY IS DUMB.

OF COURSE HE ISN'T:

• YOU CAN'T BECOME AN AIR FORCE CAPTAIN AND PILOT AND BE DUMB.

• YOU CAN'T BECOME THE NUMBER ONE LEGISLATOR IN THE TEXAS LEGISLATURE AND BE DUMB.

• YOU CAN'T BECOME THE AGRICULTURE COMMISSIONER OF TEXAS AND BE DUMB.

• YOU CAN'T BECOME THE LONGEST SERVING GOVERNOR IN TEXAS HISTORY AND BE DUMB.

NEVER THE LESS, THE LEFT IS TROTTING OUT THIS MEME.

WHY? BECAUSE THEY ARE ELITISTS WHO THINK THEY ARE BETTER THAN NON-LEFTISTS.

ACTUALLY IQ IS NOT AS IMPORTANT FOR BEING A GREAT POTUS AS LEFTIST MIGHT THINK.

HERE'S WHY:

The problems that end up on the President's desk in the Oval Office are not intellectual problems.

Crises that are Presidential level crises don't involve math or physics or chemistry or biology or grammar.

The President of the United States of America doesn't have to be able to win Jeopardy, or finish the NY TIMES crossword puzzle in record time, or do a Sudoku puzzle faster than anyone in Congress or on the Supreme Court.

The president doesn't have to be a scholar at Constitutional law or a wizard at finance and accountancy.

The President doesn't even have to be an expert at reading from a teleprompter with seeming conviction the speeches crafted by others.

The President has to have good values, the courage to defend them and the charisma to instill them.

Churchill said, "Courage is the first of human qualities because it is the quality which guarantees the others."

And courage doesn't flow from intellect; it comes from a deeper place: faith.

SO...

When judging a person for the presidency, I will not be looking at either her or his intellect - and certainly not the superficial trappings of intellect, like loquacity, or what schools they attended.

I will be examining them in a different light.

I will be measuring them by their past actions and decisions:

Did they do what was right in relation to our values - or did they do the politically easy expedient thing.

Did they withstand the slings and arrows of outrageous fortune - or did they retreat in blaming others or bad luck.

Did they seek refuge in American values and faith in their fellow Americans - or did they pander to foreigners, the international community, and transnational bureaucracies.

On this level, George W. Bush is already proven to be a vastly better President than Obama.

WHY!? HOW!?

SIMPLE:

Bush ordered The Surge; Obama opposed it; Bush was right and Obama wrong. Had Obama been President we would be living in a vastly different and more dangerous world as a result of that bad decision.

NEED MORE PROOF!? SIMPLE:

Obama has been President nearly 3 years and has made countless bad if not awful decisions, and we are living in a vastly more dangerous world as a result.

If we want our nation to improve and the world to improve then we need a president with better values than Obama.

Having one smarter with the same values won't make our nation or the world a better place.

I think Perry and Palin and Bachmann off the most on this level. They have courage and good values.

And Perry has the most governmental experience by far - having served as a legislator, bureaucrat and chief executive of a big state.

Perry will have the courage to do what is right and he has the experience to manipulate through the political swamps.

And he has the charisma to lead.

THAT'S WHY - AS OF NOW - I SUPPORT RICK PERRY FOR PRESIDENT.

OBAMA IS ALREADY A HAS BEEN

OBAMA: THE HAS BEEN WHO BARELY WAS...

THE MOST AWFUL AND EMBARRASSING PRESIDENT OF ALL-TIME.

3 WALTZES

OBAMA: GOLFER IN CHIEF

HE HAS ALREADY GOLFED MORE THIS YEAR THAN MANY PRO'S!

AL QAEDA JIHADISTS ATTACK IN ALGERIA - 18 DEAD

That attack was claimed by the Islamist group Al-Qaeda in the Islamic Maghreb (AQIM), which is active in the region.

It was not clear how many of those killed in the latest attack were military. A hospital source told Reuters news agency 16 soldiers had been killed and two civilians.

Political violence has subsided since the 1990s when more than 150,000 were killed after the 1992 election, won by an Islamist party, was annulled.

But militant groups continue to carry out sporadic attacks.

THIS ATTACK WAS NOT BECAUSE OF BUSHCHENEYCHIMPY MCHALLIBURTON ISRAELI ZIONIST TEA-PARTY RACISTS.

MUSLIMS HAVE KILLED MORE MUSLIMS THAN NON-MUSLIMS HAVE KILLED.

UPDATE: WE SCOOPED MEMEORANDUM ON THIS.

ENDLESS WINTER: FOLKS STILL SKIING AND SNOWBOARDING OUT WEST!

There are few places in California where people can see snow year-round, let alone, ride or ski it. But this year, Lake Tahoe might be one of those places.

“I've never gone this late in the season,” said Joanna Dzierzawski, a South Lake Tahoe snowboarder. “There was plenty of snow up at the second patch and I'm pretty sure you could just keep finding more and more up higher.”

Last weekend, Dzierzawski and friends took a camping trip near Red Lakes out Highway 88 to catch some late season runs. What they found was a snowpack that has a chance at making into next winter. And conditions weren't too bad.

“The snow was definitely pretty hard in the morning,” Dzierzawski said. “But it softened up when the sun came out."

... One indicator of how much snow is left in the mountains is to gauge how much water is still flowing in local streams. According to the U.S. Geological Survey, the flows from the Sierra are still far above average.

Thursday, Trout Creek was running at 320 percent of average, in a the “much above normal” class. On the West Shore, Blackwood Creek was at 235 percent of average. Through the first 21 days of August, the American River was running at more than 300 percent of average for that time of year, according to the Department of Water Resources.

“Either there was a lot of water coming out of the ground or we're just starting to see the snow at the highest elevations begin to melt,” said DWR engineer Steve Nemeth.

Pyramid Peak has snow covering about half of its north side. Just below, Lake Aloha is brimming at the top of its dam.

Around the lake, 17 of the Natural Resource Conservation Service's 24 working Tahoe region snow data collectors are still showing some snow depth as of Thursday. Manual measurements of the snowpack stopped in May and few automatic data collectors exist at the higher elevations in the region.

It is a possibility for snow to last year-round in the Sierra, though it's more likely in the Southern Sierra than the Tahoe region, Nemeth said. But by the looks of things up at “the Patch,” it might be a 365 day ski season.

IOW: AGW = TFBS.

AQSA PARVEZ MEMORIAL IN ISRAEL

Robert Spencer and Pamela Geller write about the Aqsa Parvez Memorial that's been dedicated in Jerusalem on August 24, in memory of all victims of Islamic pseudo-honor murders.

KING ARTHUR'S ROUND TABLE FOUND IN SCOTLAND

... The King's Knot, a geometrical earthwork in the former royal gardens below Stirling Castle, has been shrouded in mystery for hundreds of years.

Though the Knot as it appears today dates from the 1620s, its flat-topped central mound is thought to be much older.

Writers going back more than six centuries have linked the landmark to the legend of King Arthur.

... Around 1375 the Scots poet John Barbour said that "the round table" was south of Stirling Castle, and in 1478 William of Worcester told how "King Arthur kept the Round Table at Stirling Castle".

Sir David Lindsay, the 16th century Scottish writer, added to the legend in 1529 when he said that Stirling Castle was home of the "Chapell-royall, park, and Tabyll Round".

... Archaeologists from Glasgow University, working with the Stirling Local History Society and Stirling Field and Archaeological Society, conducted the first ever non-invasive survey of the site in May and June in a bid to uncover some of its secrets.

Their findings were show there was indeed a round feature on the site that pre-dates the visible earthworks.

Historian John Harrison, chair of the SLHS, who initiated the project, said: "Archaeologists using remote-sensing geophysics, have located remains of a circular ditch and other earth works beneath the King's Knot.

"The finds show that the present mound was created on an older site and throws new light on a tradition that King Arthur's Round Table was located in this vicinity."

ASIDE;

IT'S AMAZING HOW CLOSE AL GORE'S VISION OF EARTH'S CLIMATE IS TO CAMELOT'S

KRUGMAN MAY GET HIS WISH: HURRICANE IRENE MAY CAUSE BILLIONS IN DAMAGE

IF IRENE CAUSES HUGE LOSSES, THEN WE SHOULD RE-CHRISTEN IT HURRICANE KRUGMAN.

• MORE ON THE STORM HERE.
• MORE ON KRUGMAN HERE. (READS: "MORON KRUGMAN".)

WHY THE EURO MIGHT COLLAPSE ON SEPTEMBER 7TH

In a cannon shot across Europe’s bows, he warned that Germany is reaching bailout exhaustion and cannot allow its own democracy to be undermined by EU mayhem.

“I regard the huge buy-up of bonds of individual states by the ECB as legally and politically questionable. Article 123 of the Treaty on the EU’s workings prohibits the ECB from directly purchasing debt instruments, in order to safeguard the central bank’s independence,” he said.

“This prohibition only makes sense if those responsible do not get around it by making substantial purchases on the secondary market,” he said, speaking at a forum of half the world’s Nobel economists on Lake Constance to review the errors of the profession over recent years.

Mr Wulff said the ECB had gone “way beyond the bounds of their mandate” by purchasing €110bn (£96.6bn) of bonds, echoing widespread concerns in Germany that ECB intervention in the Italian and Spanish bond markets this month mark a dangerous escalation.

He did not explain what else the ECB could have done once the bond spreads of these two big economies began to spiral out of control in early August, posing an imminent threat to monetary union and Europe’s financial system.

The blistering attack follows equally harsh words by the Bundesbank in its monthly report. The bank slammed the ECB’s bond purchases and also warned that the EU’s broader bail-out machinery violates EU treaties and lacks “democratic legitimacy”.

The combined attacks come just two weeks before the German constitutional court rules on the legality of the various bailout policies. The verdict is expected on September 7.

The tone of language from two of Germany’s most respected institutions suggests that both markets and Europe’s political establishment have been complacent in assuming that the court would rubberstamp the EU summit deals in Brussels.

Nobel laureate Joe Stiglitz told the forum that the euro is likely to fall apart unless Germany accepts some form of fiscal union.

I THINK THE COLLAPSE OF THE EURO IS INEVITABLE - AND A GOOD THING; (THOUGH WHEN IT COMES IT WILL INITIALLY CAUSE GREAT DISPLACEMENT, HAVOC - EVEN LOSSES FOR MANY BETTING ON THE WRONG SIDE OF HISTORY).

BRITAIN HAS ITS OWN CURRENCY.

SO SHOULD MANY OTHER COUNTRIES IN THE EU.

THE EU IS NOT AND NEVER WILL BECOME A NATION, AND CURRENCIES RIGHTLY BELONG TO NATIONS, NOT INTERNATIONAL BUREAUCRACIES CONTROLLED BY SOCIALISTS.

ALLEN WEST: ISRAEL DOESN'T OWE TURKEY AN APOLOGY

TOO BAD WEST ISN'T PRESIDENT.

I HOPE ONE DAY IS HE IS!

BUSH WAS RIGHT ABOUT THE AXIS OF EVIL: NORTH KOREA SUPPLIED IRAN WITH COMPUTER PROGRAMS FOR BUILDING NUCLEAR WEAPONS

North Korea has supplied Iran with a computer program as part of intensified cooperation that could help Tehran build nuclear weapons, a German newspaper reported on Wednesday, citing Western intelligence sources.

The Sueddeutsche Zeitung said North Korea had in the spring delivered software, originally developed in the United States, that could simulate neutron flows.

Such calculations, linked to identifying a chain reaction, are vital in the construction of reactors and also in the development of nuclear explosives.

With the help of the program, Iran could gain important knowledge of how to construct nuclear weapons, according to the Munich newspaper, which quoted no individual source.

A confidential UN report earlier this year said North Korea and Iran appeared to have been regularly exchanging ballistic missile technology in violation of UN sanctions.

WE SHOULD MOUNT A PREEMPTIVE STRIKE AGAINST IRAN. DESTROY ALL THE WARSHIPS, AIR-FIELDS, AIR FORCE, NUCLEAR ASSETS AND IRG ASSETS.

THE SOONER THE BETTER.

ONCE THEY GET NUKES IT'S TOO LATE.

TURKEY AND IRAN WAGING WAR AGAINST IRAQI KURDS: THE ASTUTE BLOGGERS SCOOPS ELDER OF ZIYON

• EOZ AT 11 AM TODAY.
• TAB 7AM TODAY.
• AND LAST WEEK.

REGULAR READERS KNOW WE SCOOP ALL THE BIG BLOGS, ALL THE TIME. SPREAD THE WORD.

OBAMA WAIVED LAWS IN ORDER TO USE FOREIGN TANKERS TO SHIP NATIONAL RESERVE OIL, INSTEAD OF USING AMERICAN MERCHANT VESSELS

NYTIMES:

... the Obama administration has repeatedly bypassed federal law by allowing nearly all the oil to move on foreign-owned vessels, drawing protests from domestic maritime operators.

The domestic ship owners say that 46 times the administration has waived the Jones Act, a 90-year-old law requiring purely domestic cargo to move on United States-flagged ships except under extraordinary circumstances. Only once this summer has oil from the reserve moved on American barges.

Even as unemployment hovered over 9 percent, the administration approved dozens of applications to transport nearly 30 million barrels of domestic crude oil within the borders of the United States on tankers employing foreign crews and flying the flags of the Marshall Islands, Panama and other countries.

UNREAL.

HE RELEASED THE OIL TO HELP HIS OWN POILITICAL STANDING AND THEN USED FOREIGN VESSELS.

WHAT A PIECE OF CRAP.

THOUSANDS CAME TO BECK RALLY FOR RESTORING COURAGE

Here's an article about the event, something that even I attended by ways of the Jerusalem city hall, where a crowd of at least another thousand folks were watching his speech on a jumbo-vision screen. Here's more at The Blaze about his visit, and more videos and his speech here too.

If there's anyone who wasn't happy with his visit, it would be Peace Now, who held a protest near where he had his own gathering, but how many actually came?

About three dozen activists from Peace Now held a protest outside the Glenn Beck rally in the Old City of Jerusalem on Wednesday

That little? Gee, and here there were at least a couple thousand people who came to hear Beck, even at affiliate locations. It may not be as big as the crowd he drew for Washington, but for one taking place overseas, it was certainly impressive.

TURKEY AND IRAN WAGING WAR ON THE IRAQI KURDS

NYTIMES:

First shelling from neighbouring Iran drove Iraqi Kurdish farmer Haider Rasul from his village, now weeks later bombardments from Turkish warplanes hunting Kurdish rebels stopped him going back.

Along the Iraqi northern Kurdish region's borders with Iran and Turkey, hundreds of refugees have fled since mid-July to small camps to escape attacks by Iraq's neighbours on rebels hiding along the frontier in their long war for Kurdish self-rule.

Iraqi Kurds say they are caught in the middle as Turkey and Iran attack their villages across the border while Ankara and Tehran court their local government with foreign investment that has helped make the Kurdish region the most stable part of Iraq.

Since mid-July, when Iran began shelling, farmers abandoned crops and livestock for small refugee camps on the parched hillsides at the foot of Qandil mountains where Turkish jets now fly low across the frontier to hunt Kurdistan Workers Party (PKK) rebels taking refuge in northern Iraq and southern Turkey.

THIS IS OUTRAGEOUS. OBAMA IS DOING NOTHING TO PROTECT THE KURDS AS THEY COME UNDER INCREASING ATTACKS.

THE ROAD TO GLOBAL PEACE GOES THROUGH TEHRAN. AND CONSTANTINOPLE.

TURKEY SHOULD BE THROWN OUT OF NATO.

IRAN'S REGIME SHOULD BE PRE-EMPTIVELY ATTACKED.

THE LONGER WE WAIT, THE WORSE THE ULTIMATE CONFLICT WILL BE.

SIGH.

USGS: USA NOW HAS 84 TRILLION MORE CUBIC FEET OF NATURAL GAS!

DETAILS/LINKS/CHARTS HERE.

WE CAN BECOME ENERGY INDEPENDENT NATURALLY WITHOUT THE SO-CALLED "GREEN ECONOMY" AND WITHOUT ITS CONCOMITANT CRONY CAPITALISM.

ALL WE HAVE TO DO IS GET RID OF OBAMA AND THE DEM/LIB MAJORITY IN THE SENATE.

SCIENTISTS ESTIMATE THERE ARE AS MANY AS 9.7 MILLION SPECIES ON EARTH RIGHT NOW

BBC:

The natural world contains about 8.7 million species [+/- ONE MILLION], according to a new estimate described by scientists as the most accurate ever.

But the vast majority have not been identified - and cataloguing them all could take more than 1,000 years.

... If this is correct, then only 14% of the world's species have yet been identified - and only 9% of those in the oceans.

... About 1.2 million species have been formally described, the vast majority from the land rather than the oceans.

... At current rates of discovery, completing the catalogue would take over 1,000 years - but new techniques such as DNA bar-coding could speed things up.

WE ARE DISCOVERING NEW SPECIES AND IDENTIFYING THEM FASTER THAN THEY GO EXTINCT.

( WE DISCOVER ABOUT 7500 EVERY YEAR, AND THAT MANY DO NOT GO EXTINCT!)

SO WHEN AN ECO-NUTSIE TELLS YOU THAT HUMANS ARE KILLING THE PLANET - AND BRINGS UP THE HUBRISTIC "ENDANGERED SPECIES ACT", YOU TELL THEM TO FLICK OFF.

NABE SURVEY ON DEBT REMEDIES: ONE SURVEY, SPUN THREE WAYS

CSM:

At a time when Republicans in Congress are digging in their heels against raising more federal tax revenue, private-sector economists are sending an opposite signal in a new poll.

Some three-quarters of economists who do forecasting for the private sector say tax revenue should rise as part of efforts to tame unsustainable budget deficits, according to the survey released Monday by the National Association for Business Economics (NABE)

NJ:

Lawmakers aren’t the only ones who can't agree on what to do to fix the economy.

Business economists are split on whether a restrictive fiscal policy or more stimulus will give the flailing U.S. economy the boost that it needs, according to a survey released by the National Association for Business Economics on Monday.

Nearly half of those surveyed by NABE say that they would like to see a more restrictive fiscal policy in the next two years, while 37 percent of the respondents would opt for a more stimulative approach.

As Washington readies itself for another fiscal fight, lawmakers will have to decide how to balance raising tax revenues and cutting spending in order to reduce the federal deficit.

More than half -- 56 percent -- of economists surveyed said they favor reducing the deficit only or mostly through spending cuts; only about 7 percent of economists favored only or mostly tax increases. Thirty-seven percent of respondents said that they would prefer an approach that is equal parts spending cuts and tax increases.

WP:

The White House’s assertion that credible economists “all agreed” with Obama’s approach was untrue, and many doubters are now stepping forward to sound the alarm. The Associated Press reported:

The majority of economists surveyed by the National Association for Business Economics believe that the federal deficit should be reduced only or primarily through spending cuts.

The survey out Monday found that 56 percent of the NABE members surveyed felt that way, while 37 percent said they favor equal parts spending cuts and tax increases. The remaining 7 percent believe it should be done only or mostly through tax increases.

2-OUT-OF-3 ANALYSTS AGREE: A MAJORITY OF NABE ECONOMISTS SURVEYED WANT SPENDING CUTS.

CSM IS NOT REPORTING; THEY ARE PROPAGANDIZING FOR THE LEFT.

MORE HERE.

PHOTOS OF OBAMA AT HIS NEXT TWO JOBS

DID I SAY PHOTOS!? I MEANT PHOTOSHOPS!:

HIS DAY JOB:


AND HIS NIGHT JOB:


YES: I PREDICT OBAMA WILL HAVE TO GET TWO JOBS.

WHY?

IN ORDER TO KEEP QUEEN MICHELLE IN THE STYLE TO WHICH SHE HAS BECOME ACCUSTOMED!

IT'S NOT AS BAD AS IT LOOKS: AT LEAST THESE ARE JOBS THAT MORE SUIT HIS TALENTS!

QUESTION: DID OBAMA TAKE HIS TELEPROMPTERS WITH HIM ON HIS VACATION?

JUST ASKING...

INQUIRING MINDS WANNA KNOW!

IN 2005, AN UNKNOWN PUNDIT PREDICTED THE EURO-DEBACLE NOW UNFOLDING

NIGEL FARAGE WASN'T ALONE.

IN THIS POST WRITTEN IN 2005, A UNKNOWN PUNDIT PREDICTED THE CURRENT EURO-WIDE DEBT CRISIS AND EXPLAINED WHY IT WOULD HAPPEN:

These articles demonstrate that it's becoming increasingly obvious that the EU is a socialistic bureaucratic mess that's committed more to its own existence than to the betterment of the lives of ordinary Europeans.

Their socialist economies have DOUBLE THE UNEMPLOYMENT OF THE ("evil," "anti-worker") USA, and ALMOST NO GROWTH. The chickens are coming home to roost: THE EUROPEANS SIMPLY CANNOT AFFORD THEIR INDIVIDUAL WELFARE STATES OR THEIR "VISION" OF WELFARE CONTINENT!

... As I have written in this blog many many times: Continental Europe needs a Thatcher and they need her NOW. WHY IS THIS INCONTROVERTIBLY TRUE? The ONLY nation in the EU with a robust economy and low unemployment is Britain - and only because of "classically liberal" Thatcher policies: the dismantling of socialism and the welfare state, lower taxes, looser labor/employment requirements for businesses, and a pro-entrepreneurial government. You'd think that the rest of Europe would've noticed the results in Britain, and already emulated Thatcher's policies - (as Blair has!)!?

Only massive denial and cognitive dissonance on the part of the Euro-left - and the strangle-hold they have on their governments - prevents the continent of Europe from having a new birth of freedom and of the prosperity which only freedom creates.

France and Spain and Italy and Germany - and the rest of Old Europe - need presidents and PM's who have the courage of Thatcher, and are willing to suffer unpopularity and the onslaught of non-stop reactionary attacks in order to bring about the REAL CHANGES that Europe so badly needs.

THAT POST WAS WRITTEN IN THE CONTEXT OF THE IMPENDING COLLAPSE OF THE EU CONDITIONALLY MOVEMENT.

A CRISIS THE EU AVERTED - TEMPORARILY - BY "RE-BRANDING" THE CONSTITUTION AND CALLING IT A "BASIC LAW" AND THEN THE TREATY OF LISBON, AND BY FORCING IRELAND INTO A RE-VOTE.

IT WAS A LITTLE BIT OF PRESTIDIGITATION - LIKE PULLING A RABBIT OUT OF A HAT.

BUT WITH THE GERMAN PEOPLE FINALLY FED UP WITH BAILING OUT THE LESS PRODUCTIVE AND HENCE POOR WELFARE STATES, THE CRISIS HAS RETURNED.

AND THIS TIME, I DON'T THINK THE EUSSR BUREAUCRATS WILL BE ABLE TO PULL ANOTHER RABBIT OUT OF THEIR HATS!

AND MAKE NO MISTAKE ABOUT IT:

IT'S THE DEBT THAT'S DESTROYING THE EUROPEAN ECONOMIES AND THE DEBT WASN'T CAUSED BY BUSH TAX CUTS OR UNFUNDED WARS.

IT'S THE SOCIALISM, STUPID!

RECENT FREQUENT BIG MARKET SWINGS A NEW PHENOMENA & A BIG TURNOFF TO INVESTORS: THE ASTUTE BLOGGERS SCOOPS HOT AIR AND THE WASHINGTON POST BY 2 WEEKS

WASHINGTON POST TODAY (VIA HOT AIR): "Smacked by big market swings, investors should alter their outlook"

According to Justin Walters of the research firm Bespoke Investment Group, there have been 283 swings in the Dow of at least 4 percent since 1900.

That’s less than 1 percent of the 30,414 trading days.

More than a tenth — 10.95 percent — of those have come since October 2007. It’s the same for the 622 days plus or minus 3 percent and 1,735 plus or minus 2 percent days since 1900.

The data confirm what you’re probably feeling: This is nuts.

It used to be that swings of 1 percent in equity markets were considered normal levels of volatility. And 2 percent moves were even less common.

So if it seems like wild swings in the market are more frequent than ever, that is because they are.

TAB 2 WEEKS AGO:

STOCK INVESTORS AREN'T MICRO-TRADING STOCK AND AREN'T BUYING SHARES IN COMPANIES.

STOCK INVESTORS ARE MACRO-TRADING MARKETS AND CURRENCIES AND ECONOMIES.

THIS IS ONE REASON WHY THE MARKETS FOR THE LAST SEVERAL YEARS HAVE BEEN MUCH MORE VOLATILE THEN IN PREVIOUS DECADES.

(75% OF THE BIGGEST ONE-DAY LOSSES AND ONE-DAY GAINS HAVE BEEN SINCE 2008, AND 90% OF THEM HAVE BEEN SINCE 9/11/01.)

YES: PROGRAM TRADING AND COMPUTER TRADING MAKES TRADING MORE STOCKS MORE RAPID, AND THIS ALSO HAS AN EFFECT ON VOLATILITY.

MORE FROM THE WASH POST:

The rally that began in March 2009 looks to be running out of steam. Indeed, those gains have been among the best post-crash rallies of the past century. Only the 1932-33 and 1935-37 runs saw stronger rallies over a two-year period. The first saw the Dow Industrials double in two months. It gave back nearly all those gains by March 1933. From that low, the Dow once again doubled by July, only to give back about 26 percent by October 1933. And the next bear market rally — a two-year screamer from March 1935 to March 1937 — saw an astounding 135 percent in gains. That ended in yet another collapse, this time of 56 percent.

Compare that with the current run — the S&P 500 gained 105 percent from March 6, 2009, to May 6 of this year. It is getting harder to believe this run is still intact.

I AGREE THAT THE RALLY IS OVER. A BEAR MARKET IS ABOUT TO BEGIN AND IT MIGHT NOT END UNTIL A GOP CANDIDATE DEFEATS OBAMA.

EUROPEAN BANKING SECTOR BLOODBATH: 40,000 LAYOFFS IN THE LAST 30 DAYS!

• THE EUROPEAN BANKS SEE THE WRITING ON THE WALL: HARDER TIMES AHEAD; TIME TO GET LEAN...

• THE ECB IS WEAK AND THE EFSF WON'T GET STARTED UNTIL THE FALL - WHEN IT MIGHT BE TOO LATE...

JAPAN IS REELING; EUROPE IS DROWNING IN SLOW MOTION, AND THE USA ECONOMY IS BEING STRANGLE BY OBAMANOMICS AND OBAMACARE.

WHAT'S NEXT?

THE CHINA REAL ESTATE BUBBLE WILL BURST.

UH-OH: JAPANESE DEBT DOWNGRADED

ANOTHER TREMOR IN THE TEETERING GLOBAL ECONOMY ...

MARKETS UP TODAY, BUT MAJOR PROBLEMS LOOM ON THE HORIZON...

• THE USA MARKETS WENT UP TODAY - BASED ON THE LIBYA EVENTS AND EXPECTATIONS OF QE3.

• BUT THE BAD NEWS - WHICH WILL MAKE MARKETS DECLINE SHARPLY - WON'T GO AWAY.

TODAY WAS THE CALM BEFORE THE STORM...

ECO-TERROR IN MEXICO: The Astute Bloggers scooped Instapundit by 13 days‏

• Glenn Reynolds today.
• TAB 2 weeks ago.

Guess he'll get this one in a week or so.

REGULAR READERS KNOW WE SCOOP BIG-TIME BLOGGERS ALL THE TIM. SPREAD THE WORD. BLOGROLL US. FOLLOW US/ BOOKMARK US.

OBAMA'S ABOMINABLE JOBS RECORD

From Commentary Magazine on August 23, 2011:

Obama’s Jobs Record: Worst of Any President in Modern Era?

“Unless the economy turns around in the next 18 months, Obama is on track to have the worst jobs record of any president in the modern era. That would be an accurate statement.”

This judgment comes not from Sarah Palin​ but from Glenn Kessler, fact checker for the Washington Post. Which makes the judgment triply damaging to the president, since the Post is not known as an anti-Obama newspaper....

There is no hope of economic recovery as long as Obama is in the White House!

COVER-UP: 1000 FEMALE PEACE CORPS VOLUNTEERS HAVE BEEM RAPED IN THE LAST DECADE

UNREAL. AND THE LEFT IS STONE-WALLING THE GOP'S ATTEMPT TO INVESTIGATE AND FIX.

(MORE AND MORE I AM COMING TO BELIEVE THAT LEFTISTS ARE NOT JUST WRONG, BUT IN THE THRALL OF EVIL.

I WAS A LEFTIST ONCE, BUT I SAW THE LIGHT. I THINK WE NOT ONLY NEED TO DEFEAT THE LEFT, BUT OPEN THE EYES OF LEFTISTS AND SAVE THEM.)

THE HIJAB-CLAD GIRL FROM IPANEMA?

THE ISLAMIZATION OF BRAZIL?

WITH ROMNEY BEATING OBAMA IN THE POLLS, DOES A BRUISING BATTLE WITH PERRY HELP OR HURT OUR CHANCES AT DEFEATING OBAMA?

JUST ASKING.

I'D HATE TO SEE THE GOP FIELD KNOCK-OFF THE MAN WHO MIGHT - REPEAT MIGHT - BE OUR BEST CANDIDATE TO DEFEAT OBAMA. (FOR THE RECORD, AT THIS POINT I PREFER PERRY.)

ROMNEY MIGHT GET TRIPPED UP AND WE'RE GIVING OBAMA AMMO.

THEN AGAIN, WHAT ROMNEY WILL FACE FROM THE GOP FIELD IS KID'S-STUFF COMPARED TO WHAT AXELROD AND THE LEFT WILL THROW AT THE GOP NOMINEE - NO MATTER WHO S/HE IS - NEXT FALL.

WHAT DO YOU THINK?

ERDOGAN GOVERNMENT BRAGS ABOUT KILLING 100 KURDS - THREATENS MORE ATTACKS ON IRAQ - ARABS & LEFTSISTS SILENT

The Turkish military killed at least 100 Kurdish separatists and injured more than 80 during air strikes into northern Iraq during the past week, an army statement said on Tuesday. It added that the strikes would continue.

In an effort to eradicate militant bases, air forces hit 132 locations around mountainous Qandil, Hakurk, Avasin-Basyan, Zap and Metina regions while heavy artillery bombed 349 targets, the statement posted on the military headquarters’ Web site said.

“North of Iraq and inside the country will be closely monitored for any separatist terror actions as air and land operations will continue,” the statement read.

AND NOT A PEEP OUT OF BANKI MOON OR KING ABDUALLAH 2 OR CODE PINK OR BILL AYERS & BERNADINE DOHRN OR ANYONE ELSE.

TURKS ARE EVIDENTLY ALLOWED BY THE SO-CALLED "INTERNATIONAL COMMUNITY" TO PROTECT THEIR SOVEREIGNTY AGAINST TERRORISTS.

BUT ISRAEL - WHOSE COUNTER-ATTACKS ARE MESS DEADLY - GET CONDEMNED BY ALL THE USUAL ARABS AND LEFTISTS.

PROSTITUTION SCANDAL MAY TOPPLE AUSTRALIA'S LEFT-WING CO2PHOBIC GOVERNMENT

BBC:

Australian police are investigating claims an MP from the governing Labor Party misused his trade union credit card to pay for sex with prostitutes.

Police said they were examining new evidence against Craig Thomson.

Mr Thomson has denied any wrongdoing, and has already said an unnamed friend forged his signature to use the card.

A conviction for theft or fraud could bring down Julia Gillard's minority government, which has a working majority of just one seat.

... The BBC's Nick Bryant in Sydney says that given the Gillard government's deep unpopularity, the Liberals would be expected to win a by-election at a canter.

IF THE GOVERNMENT FALLS THEN THESE WHORES DESERVE A MEDALS!

NATE SILVER: PRETTY CHARTS, BUT FAULTY REASONING

NATE SILVER - AT HIS NYTIMES 538 BLOG ARGUES THAT THERE IS ROOM FOR MORE CANDIDATES TO ENTER THE RACE FOR THE GOP NOMINATION TO BE POTUS.

SILVER MAKES PRETTY CHARTS BUT HE IS WRONG.

HE CONFLATES THE SPACE HE MAKES BETWEEN THE PRETTY CIRCLES IN HIS CHARTS WITH AVAILABILITY OF FUNDS AND AVAILABLE VOTERS.


WHAT IF THERE ARE MORE MOTIVATED PRIMARY VOTERS IN THE LOWER RIGHT QUADRANT THAN THE UPPER LEFT?

THEN THE SPACE THERE IN HIS CHART IS WORTHLESS.

WHAT IF THIS IS ALSO TRUE IN THE GENERAL ELECTION?

I DON'T THINK A TAX AND SPEND LIBERAL CAN WIN THE GENERAL ELECTION IN EITHER PARTY. THEY CAN HAVE ALL THAT UPPER OR LOWER LEFT SPACE IN SILVER'S CHART AND IT WON'T DO THEM NO DAMN GOOD.

ANOTHER POINT:

ELECTIONS ARE WON BY CANDIDATES WHO GOTV (HAS MOTIVATED SUPPORTERS) AND NOT BY CANDIDATES WHO HAVE "SUPPORTERS" WHO SUPPORT THEM IDEOLOGICALLY BUT NOT ENTHUSIASTICALLY.

THE SIZE OF SILVER' PRETTY CIRCLES IS BASED ON % OF SUPPRT, NOT ENTHUSIASM OF THE SUPPORT.

BASED ON PERRY'S METEORIC RISE, IT WOULD SEEM TO ME HE HAS THE MOMENTUM AND THE BASE AND THESE ARE MORE IMPORTANT QUALITIES THAN "SPACE".

AND SILVER'S PRETTY CHART ALSO HAS A BIAS TOWRAD THE CENTER.

THE EMPTY CENTER.

AS IF THAT'S WHERE ELECTIONS ARE WON - BY CANDIDATES WHO OCCUPY THE SPACE AT THE CENTER.

MEMO TO SILVER:

THE SWING VOTER - THE INDEPENDENT WHO SEES HIMSELF AS A CENTRIST AND WHO DECIDES LATE IN THE ELECTION CYCLE IS A KEY ELEMENT, MAYBE EVEN A CRUCIAL ELEMENT, BUT HE IS NOT A MAJORITY.

THE UNDECIDED CENTRISTS ARE AN IMPORTANT MINORITY AND - AS HUNTSMAN PROVES - NOT A VIABLE BASE.

IOW: THAT PART OF THE CHART IS NOT A VIABLE PIECE OF REAL ESTATE.

LOOK AT IT THIS WAY:

WHO CARES IF GOV'S JOHNSON AND HUNTSMAN OCCUPY SOME PRETTY CIRCULAR YELLOW REAL ESTATE IN SILVER'S CHART!?

THEY HAVE NO CHANCE OF WINNING THE GOP NOMINATION OR A GENERAL.


DITTO THE OTHER POSSIBLE CANDIDATES SILVER THINKS COULD ENTER AN TAKE UP "UNOCCUPIED SPACE".

AS THE CAMPAIGN'S OF THE GOP CANDIDATES DEVELOP WE WILL SEE THESE CIRCLES GROW AND SHRINK AND MOVE AROUND - EVEN MORPH INTO ODD SHAPES AS THEIR POSITIONS BECOME MORE KNOWN:

FOR EXAMPLE PERRY - WHO SILVER HAD FIRMLY ON TH RIGHT - MIGHT ACTUALLY BE SOFT ON IMMIGRATION AND GLOBAL JIHAD. WHEREAS ROMNEY'S POSITION'S ON THESE ISSUES ARE MORE TO THE RIGHT.

SO SILVER'S POSITIONING OF THESE PRETTY CIRCLES IS ALSO DUBIOUS.

PRETTY DUBIOUS.

GOLDMAN SACHS HIRES TOP CRIMINAL DEFENSE LAWYER; SHARES TUMBLE

In late trading, shares of Goldman tumbled nearly 5 percent, knocking $2.7 billion off the firm’s market value, after a report that the firm’s chief executive, Lloyd C. Blankfein, had hired a prominent criminal defense lawyer, Reid H. Weingarten.

Goldman, when confirming the hiring, portrayed it as routine, given the several government investigations faced by the firm. But the sharp reaction in the stock price showed the fragile nerves of investors, who are worried that potential legal liability could damage the firm and its earnings power.

A spokesman for Goldman said executives at the firm were expected to be interviewed by the Justice Department. The agency is conducting an inquiry that stems from a 650-page report produced earlier this year by the Senate Permanent Subcommittee on Investigations. That report said that Goldman had misled clients about its practices related to mortgage-linked securities.

I'D BET THEY DID ILLEGAL THINGS.

I BET THEY GET OFF WITH WHAT IS FOR THEM A SMALL FINE.

SOMETHING LIKE $500 MILLION.

HARVARD STUDY: BLACK AND HISPANIC STUDENTS DOING TERRIBLY IN MATH

HARVARD STUDY:

11 percent of black students and 15 percent of Hispanic students scored proficient on math

FOUR TIMES WORSE THAN WHITE KIDS.

IF THEY CAN'T DO MATH. THEN THEY WON'T GET DECENT JOBS OR BECOME PRODUCTIVE AND INDEPENDENT CITIZENS.

THEIR PARENTS AND TEACHERS ARE NOT LIVING UP TO THEIR MOST BASIC RESPONSIBILITIES. THE TEACHERS NOT FOR ANY OF THE KIDS - ESPECIALLY BLACKS AND HISPANICS.

THE BLACK AND HISPANIC KIDS REPRESENT ABOUT 35% OF OUR FUTURE CITIZENS.

AMERICA WILL COLLAPSE AND BECOME POOR THIRD WORLD NATION IF THIS CONTINUES.

HOUSE GOP APPROPRIATIONS CHAIRWOMAN: AID TO EGYPT WILL BE CONDITIONAL ON PEACE WITH ISRAEL

JPOST:

Kay Granger tells ‘Post’ that level of Muslim Brotherhood involvement in new Egyptian government will impact US assistance, if PA goes through with UN statehood bid $500m. of US aid will be suspended.

Washington’s $2 billion in annual aid to Egypt will be cut off if Cairo backs out of the peace treaty with Israel, Congresswoman Kay Granger – whose job as chairwoman of the US House appropriations foreign operations subcommittee means she literally writes America’s annual foreign aid bill – told The Jerusalem Post on Monday.

“The United States aid to Egypt is predicated on the peace treaty between Egypt and Israel, and so the relationship between Egypt and Israel is extremely important,” the eight-term Republican from Texas said in an interview.

“As an appropriator I have two concerns: One thing is the continuing relationship between Egypt and Israel, and the other thing of course is what government we will be dealing with in Egypt, and what position the Muslim Brotherhood will play in this government.”

Granger, here among a delegation of 25 Republican congressmen sponsored by the American Israel Educational Foundation, a charitable organization affiliated with the American Israel Public Affairs Committee, said she is on record as saying that “if the treaty between Egypt and Israel is not continued, our financial support will not continue.”

GOOD.

I EXPECT OBAMA AND HILLARY TO PROTEST.

GERMAN CENTRAL BANK REITERATES OPPOSITION TO EUROBONDS

German and French governments last week laid out further reforms of the euro zone which some say could eventually move it towards some form fiscal union, but there is substantial opposition in Germany to steps that would lead to it taking responsibility for other countries' debts.

Individual countries should primarily deal themselves with the fallout from soft fiscal policy rather than the consequences being split among the bloc or dealt with in a transfer union, where some countries finances others, the Bundesbank said.

And yet the July 21 agreements went in exactly this direction, said the German central bank, which has been a vocal opponent of some of the support given to ailing euro zone governments.

"The latest agreements result in a further big step towards joint liability and reduced disciplining via the capital markets," it said in its August monthly report.

THOSE HOLDING LOTS OF IFFY SOVEREIGN PAPER WANT THE GERMANS TO GUARANTEE THEIR RISK.

GERMANS RIGHTLY ARE RESISTING.

EURO-SOCIALISM NEEDS TO BE REIGNED IN, AND NOT MERELY SUPPORTED BY ANOTHER TEMPORARY SOURCE OF INCOME. (EVENTUALLY, THEY'D RUN OUT OF GERMAN MONEY TOO!)

THIS TRANSITION WILL BE PAINFUL - BUT LESS SO IF DONE SOONER AND VIA THE COURAGEOUS EXERCISE OF POLITICAL WILL, THEN IF IT COMES AFTER A HARD CRASH.

I EXPECT AND HAVE PREDICTED A HARD CRASH.

STAY TUNED...

EVENING UPDATE:

THE FALL OF GADDAFY HAS TEMPORARILY BUOYED THE MARKEETS.

IT WON'T LAST.

The GM Warranty Loophole

(With a hat tip to Conservative Hideout 2.0)

Remember this 2009 video of Obama's promise about the General Motors warranty?


Um, not exactly. According to Reuters:

"New GM's warranty obligations for vehicles sold by Old GM are limited to the express terms and conditions in the Old GM written warranties on a going-forward basis," wrote Benjamin Jeffers, a lawyer for GM. "New GM did not assume responsibility for Old GM's design choices, conduct, or alleged breaches of liability under the warranty."

The warranty in question relates to a suspension problem with 2007 and 2008 Impalas.

Read the entire Reuters article HERE. You'll note that the warranty was honored for police vehicles.

Whoever runs as the GOP candidate in 2012 needs to compile a list of the many lies and broken promises on the part of the Obama administration and force him to confront those lies and promises during a public televised debate.

NOON UPDATE: SCOOPED INSTAPUNDIT ON THIS:

Instapundit: BROKEN PROMISE: General Motors Again Ripping Off Americans: Warranties Edition….

25 minutes ago

WHERE THE MONEY WENT: A PARABLE

A lot of money was wiped out in the last few years.

Some folks on the left think that the super rich on the right took it.

WRONG.

It was lost.

Here's a parable of sort of what happened:

A Broadway producer thinks he has a a new property that he's sure is going to be a big BIG hit. It's going to be the most expensive show of all time but the payoff will be at least as huge, he promises.

He gets backers.

Other people are so convinced the producer is right that they invest in ancillary businesses that will feed off the success of the show. Many will be in the neighborhood of the show - so the real estate there and surrounding areas goes way way up in value.

Many people borrow huge amounts and are very leveraged in order to buy into the expected BOOM. Even the producer of the show. They buy real estate and shares in businesses that are going to grow because of the show.

The show opens and it's a flop. THE BIGGEST FLOP OF ALL TIME. Worse than Spiderman.

The producer loses.
His investors lose.
The businesses that were gong to score off off the shows success all lose.
The real estate developments around the showplace collapse.
The banks who loaned everyone the money don't get paid, so - since they're too biog to fail - they go to the government to get some back.
The taxpayers get stuck with a lot of the bills.

BOTTOM-LINE: EVERYONE LOST.

That - in a nutshell is what happened the last decade - GLOBALLY.

With socialists selling a bill of goods: "You can have your cake and it eat too! You can retire young and get free pensions ans free health-care and overpay for energy and real estate. NO PROBLEM!"

The money was lost. ALL THAT MONEY MIGHT AS WELL HAVE BEEN BURNED.

It's gone.

NO ONE HAS IT.

WE HAVE TO MAKE MORE FROM SCRATCH.

AND THAT DOESN'T MEAN PRINT IT EITHER!

It means MAKE IT, and there are only 4 ways to make new wealth: fishing, farming, mining, and manufacturing.
N
The USA can excel at all four - especially mining and manufacturing if the damn CO2phobic climate alarmist and their Brown-shirts in the EPA would just get out of the damn way!

This new burst of wealth creation will not begin until we elect a GOP Senate and a GOP President.

I hope we survive until 2012 ans make that happen.

MERKEL REITERATES OPPOSITION TO EUROBONDS

Chancellor Angela Merkel of Germany on Sunday re-emphasized her opposition to issuing bonds ... adding that “politicians can't and won't simply run after the markets.”

Mrs. Merkel told ZDF television in an interview broadcast Sunday that the so-called euro bonds would be an option only in the distant future.

“It will not be possible to solve the current crisis with euro bonds,” she said. She added that “politicians can’t and won’t simply run after the markets.”

“The markets want to force us to do certain things,” she added. “That we won’t do. Politicians have to make sure that we’re unassailable, that we can make policy for the people.”

The German finance minister, Wolfgang Schäuble, echoed Mrs. Merkel’s comments, saying that common debt would make it easier for governments to avoid pursuing responsible fiscal policies. In any case, he told the newspaper Welt am Sonntag, it would take too long for countries in the euro zone to amend the treaty on monetary union, which would probably be required to allow the issuance of such bonds.

MERKEL IS TAKING THE RIGHT POSITION.

THE MORE SOCIALISTIC AND LESS PRODUCTIVE NATIONS OF EUROPE SHOULD NOT BE ABLE TO FORCE THE FRUGAL AND PRODUCTIVE GERMAN PEOPLE PAY FOR THEIR RIDICULOUSLY GENEROUS WELFARE STATES.

EUROBONDS WOULD DO THIS.

NEVER THE LESS, THIS CORRECT POSITION WILL LED TO ANOTHER ROUND OF DEEP CORRECTIONS FOR GLOBAL STOCK MARKETS.

RIGHT NOW, ASIA IS UP A LITTLE.

I EXPECT THEY WILL CLOSE DOWN.

STAY TUNED...

UPDATE: GOOD MORNING. IT SEEMS GADDAFY IS FALLING AND THIS GOOD NEWS IS BUOYING THE MARKETS - TEMPORARILY. ASIA STARTED OUT WELL UP AND ENDED THE DAY MOSTLY DOWN - BUT NOT BY MUCH.

STAY TUNED...

MEMO TO THE IDF AND IAF: IRON DOME ISN'T THE ANSWER TO GAZAN ROCKETS - UAV DIRIGIBLES ARE!

GAZA ISLAMO-SCUM HAVE LAUNCHED HUNDREDS OF ROCKETS INTO ISRAEL THE LAST FEW DAYS.

ISRAEL'S IRON DOME HAS INTERCEPTED ABOUT 60% OF THEM - BUT THAT HASN'T ERADICATED THE THREAT, THE TERROR R THE DAMAGES - INJURIES AND EVEN DEATHS.

ONE IRON DOME BATTERY CAN GET ABOUT 90% OF THE ROCKETS IT TARGETS, BUT ISRAEL WOULD NEED MANY MANY MORE TO PROVIDE 100% COVERAGE.

BESIDES, THE ISLAMO-SCUM HAVE MERELY LAUNCHED MULTIPLE ROCKETS AT THE SAME TIME AT THE SAME TARGETS AND OVERWHELMED IRON DOME.

HERE'S THE ANSWER:

UAV DIRIGIBLES STATIONED OVER THE GAZA-ISRAELI BORDER, WITH CAMERA'S AND SENSORS WHICH CAN ASCERTAIN THE EXACT LOCATION OF THE ISLAMO-SCUM LAUNCHERS AS THEY LAUNCH, AND RELAY THIS INFORMATION TO COMPUTER TARGETED MISSILES BANKS WHICH LAUNCH MISSILES IN SECONDS AIMED DIRECTLY AT THE GAZAN ISLAMO-SCUM LAUNCHING THE ROCKETS.

IOW:

IRON DOME IS PLAYING DEFENSE.

ISRAEL NEEDS TO GO ON RETALIATORY OFFENSE - AND NOT HOURS AFTER ATTACKS (AS IT HAS TO DATE), BUT IMMEDIATELY UPON THE LAUNCHING OF RICKETS FROM GAZA.

THIS WOULD TURN THE GAZA ISLAMO-SCUM ROCKET LAUNCHERS INTO SUICIDERS.

THE ISLAMO-SCUM MIGHT HAVE MORE TROUBLE RECRUITING MEN TO OPERATE THE ROCKET BATTERIES, BECAUSE UNLIKE REAL SUICIDESR (WHO AT LEAST KNOW THAT WHEN THEY PULL THE TRIGGER THEY WILL KILLS THE TARGET), ROCKETS AREN'T EXTREMELY ACCURATE AND THERE'S NP GUARANTEE IT WILL EVEN INJURE AN ISRAELI.

MASSIVE WALL STREET LAYOFFS INDIRECTLY AND DIRECTLY CAUSED BY OBAMA'S POLICIES

AND MORE ARE COMING:

Credit Suisse has plenty of company in its cost-cutting campaign. HSBC, Barclays PLC, Goldman Sachs Group Inc and Bank of New York Mellon Corp have announced plans to ax thousands of workers in recent months. On Thursday, Bank of America Corp Chief Executive Brian Moynihan sent a memo to senior executives outlining plans to cut another 3,500 jobs.

The planned cuts at Bank of America have pushed the number of financial sector layoffs this year to 18,252 -- 6 percent higher than in the comparable period in 2010, according to Challenger, Gray & Christmas, an outplacement firm that keeps a daily tab on layoff announcements.

Some companies began the culling earlier this year -- HSBC has already axed about 5,000 employees, with 25,000 more set to get pink slips by the end of 2012 -- and others, such as Goldman Sachs, said that cuts will come by year's end.

That is not good for morale.

BITING INTO CLIENT SERVICE

Hours have become longer, trading floors have more open seats and fresh young faces are taking over offices where high-level personnel once sat. The highest-paid people can be easy targets for layoffs now, given the cost of keeping them employed and the eagerness of younger workers to take on their roles, even at less pay, executive recruiters said.

Changes in pay structures mandated in part by the Dodd-Frank financial reform laws have exacerbated the problem.

Banks that used to pay modest base salaries supplemented by opulent stock-and-option packages that encouraged meeting short-term performance goals now are weighting compensation toward base salary.

Managing directors at investment banks have seen a typical base salary double to $400,000, said Paul Sorbera, president of Alliance Consulting. Meanwhile, 2011 bonuses are expected to fall by up to 30 percent for top earners, according to pay consulting firm Johnson Associates.

The shift erodes Wall Street's former flexibility to lower end-of-year bonuses in bad times and forces a heavier reliance on layoffs.

IT A SOCIALIST DOUBLE-WHAMMY:

DODD-FRANK IS EXACERBATING A BAD SITUATION CAUSED BY OBAMA'S FAILED ECONOMIC POLICIES.

THESE PROBLEMS CAN'T BE TRULY FIXED UNTIL WE ELECT A GOP SENATE AND WHITE HOUSE.

THE ONLY SHIRT-TERM BAND-AID MIGHT BE IF OBAMA RESIGNED.

I AM PRAYING HE DOES - AND ANNOUNCES IT IN HIS SEPTEMBER JOBS SPEECH.

OBAMA'S RESIGNATION WOULD BE THE BEST MEDICINE THE US ECONOMY HAS HAD SINCE THE REAGAN TAX CUTS!

Proof that flash mobs are now part of black-rapper "culture": Machine Kelly arrested at flash-mob he organized

Cleveland rapper Machine Gun Kelly was cited with disorderly conduct after he was accused of refusing to get down from a food court table during a flash mob he organized at a suburban U.S. mall, police said on Sunday.

Police in Strongsville, Ohio, received a tip on Saturday of a possible flash mob planned for 5 p.m. local time by the rapper, who recently signed a recording deal with rap mogul Sean "P. Diddy" Combs' music label.

As the event began, mall management asked a group of people including the rapper not to stand on a table located next to a second-floor railing, according to a statement issued by police.

The 21-year-old rapper, whose real name is Richard C. Baker, and two others who failed to comply were removed from the mall, police said. They were charged with misdemeanor disorderly conduct and released.

BLACK CULTURE TODAY IS A FAR FAR CRY FROM WHAT IT USED TO BE.

WE USED TO HAVE DUKE ELLINGTON AND COUNT BASIE AND LANGSTON HUGHES, NOW WE HAVE MACHINE GUN KELLY AND PUFF DADDY

WE USED TO HAVE DR KING, NOW WE HAVE AL SHARPTON.

(PREVIOUS POST HERE - WITH A DOZEN GREAT VIDEOS)

AND SO ON.

IF BLACKS WANT THEIR LIVING STANDARDS TO IMPROVE THEN THEY HAVE TO TAKE BLACK CULTURE AWAY FROM THE THUGS!

MAYOR NUTTER WOULD AGREE!

BRAZILIAN CONVERTS TO ISLAM

The AFP is running a fairly sensationalized article about Muslim converts in Brazil, which already has a questionable enough character:

RIO DE JANEIRO — "As-salam aleikum!" Omar greeted worshippers as he entered Mesquita da Luz, Rio's first mosque where he had just broken his Ramadan fast at dusk.

Those are some of the only words Omar knows in Arabic, and he quickly continued his conversation in Portuguese with fellow Muslims who mostly, like him, converted recently to Islam in the world's biggest Catholic country.

In a land known more for its mini-bikinis and extravagant Carnival featuring scantily clad women, a small but growing number of Brazilians of various backgrounds call themselves Muslim.

For decades, it was primarily families of Libyan, Palestinian and Syrian descent who practiced Islam in Brazil.

And there's also been worship of Yasir Arafat in Brazil, including president Luiz Inacio Lula da Silva placing a wreath upon Arafat's grave, which the PLO terrorist overlord does not deserve.

Omar, who until just four years ago officiated as Catholic priest at a local church, explained why he embraced Islam.

"I found in Islam everything I had always looked for. I met God as he is, with no adaptation," the 34-year-old graphic designer told AFP.

Wearing a traditional long djellaba robe, he refused to give his official name, instead only revealing his Muslim one: Omar Israfil Dawud bin Ibrahim.

"At the seminary, you learn that Islam is one of the monotheistic religions. There is no prejudice against this religion," said Omar as he stood by his wife Alessandra Faria, who goes by the name "Fatima" after converting and deciding to wear the veil.

But of course there's no prejudice against it. That's because it's the other way around - Islam is prejudiced against anyone who doesn't practice Islam, and is considered a kuffar/dhimmi.

Omar's explanation leaves a lot to be desired, I'm afraid - does he know just what the Lord our God really wants of the human race?

"In the beginning, my mother was mortified at the thought of going outside with me. I wear the veil to show I am Muslim and aware that I am part of a minority," she said.

And how sad to see that his wife has chosen to shut herself out from the world by trapping herself inside that awful tent.

Fatima's hijab may raise eyebrows in Rio, where it is more common to see women walking the streets in bikinis in seaside neighborhoods, but she says her beliefs can find a place here.

"Brazil is a mix, made up of several different cultures. This mix makes Brazilians very adaptable and tolerant."

More precisely, it makes them vulnerable.

Like most practicing Muslims here, Omar and Fatima are only recent converts to Islam. They plan to travel to Saudi Arabia next year on a Saudi government grant to learn Arabic.

Renovations on the mosque they attend in the suburb of Tijuca north of Rio got under way four years ago with donations from worshippers. It will soon hold up to 400 people during prayers, a major upgrade.

"The number of Muslims continues to grow, and most are Brazilians who are converting. We recruit members mostly online," said Sami Isbelle, a spokesman for the Beneficent Muslim Society (SBMRJ).

"In Rio, there are about 500 Muslim families, 85 percent of them Brazilian converts who have no Arab links," Isbelle said.

Things are different in Sao Paulo state and southern regions of Brazil, where most Muslims were born as such and are often of Arab descent.

Brazil's census does not count the number of Muslims, and only provides data on Catholics, evangelicals, Jews, spiritualists and followers of Afro-Brazilian religions.

"Muslims are listed in the 'other' category, along with Buddhists, for example, said Islam expert Paulo Pinto of Fuminense Federal University, who estimated Brazil is home to about a million Muslims.

The best indicator of the growth of Islam in the country is the rapid increase in the number of places of worship, according to Pinto. There are now 127 mosques, four times as many as there were back in 2000.

After the September 11 attacks in the United States, "there was a growth of interest in Islam, and many people decided to convert," Pinto added. "Islam was seen as a new form of resistance."

But it was a "telenovela" or soap opera launched just three weeks after the 2001 attacks, "The Clone," that sparked some Brazilians' infatuation with Islam.

Set in Morocco, the popular show showed a "positive imagine of that part of the world, with a benevolent Muslim hero," said Pinto.

"There is a tendency to think that Brazilian culture, as liberal and sensual as it is, is against the rules of Islam. But in fact, there are many conservative rules that are part of moral and sexual control. Look at how many evangelicals are successful in Brazil!"

Something tells me that the anti-Americanism prevalent in some parts of south America may have led to this culture of dhimmitude that could become worse in the near future. And we can only wonder just what kind of people bankrolled that telenovela that painted a whitewashed image of the Religion of Peace. And stop lecturing us about "moral/sexual control". That is all a lot of taqqiya when it comes to Islam.

There could be an important lesson in this: don't take Brazil's image at face value. Because underneath, there's a lot of awful things that go against the more positive, inviting elements they might usually be known for.

IS THERE ONE GOOD REASON TO RE-ELECT OBAMA?

I REALLY CAN'T THINK OF ONE GOOD REASON TO RE-ELECT OBAMA.

HE HASN'T ACCOMPLISHED ONE GOOD THING - EVEN IF IF YOU'RE A LEFTIST:

• HE DIDN'T CLOSE GITMO.

• HE DIDN'T END THE WAR IN IRAQ OR AFGHANISTAN - HE STARTED A NEW ONE IN LIBYA.

• HE DIDN'T END THE BUSH TAX CUTS.

• HE DIDN'T END BI-PARTISAN BICKERING IN WASHINGTON.

• HIS PERFORMANCE IN THE BP OIL SPILL WASN'T ANY BETTER THAN BUSH'S KATRINA RESPONSE.

AND DESPITE SPENDING TRILLIONS WE DIDN'T HAVE ON HIS HAND-PICKED PROGRAMS, OBAMA DIDN'T LOWER UNEMPLOYMENT OR THE DEBT OR THE DEFICIT.

YES: HE PASSED OBAMACARE: BUT ON A STRAIGHT PARTY-LINE VOTE --- ONLY AFTER IT WAS LARDED WITH PORK, AND ONLY BY LYING ABOUT HOW MUCH IT WOULD COST TAXPAYERS, AND ONLY BY PROMISING TO GIVE AWAY THOUSANDS OF WAIVERS TO POLITICAL CRONIES.

OBAMA IS A MISERABLE FAILURE. JUST AS WE ON THE RIGHT PREDICTED.

I DID THIS PHOTOSHOP WITHIN WEEKS OF HIS INAUGURATION:



OBAMA IS THE WORST PRESIDENT EVER.

EVEN WILLIAM HENRY HARRISON
WAS A BETTER PRESIDENT -
AND HE WAS PRESIDENT FOR ONLY 32 DAYS!

I HOPE THIS NATION SURVIVES UNTIL 2012 SO WE CAN GET RID OF THIS BUM!

THE BEST WAY TO ENSURE WE DO MAKE IT TO THE NEXT ELECTION IS FOR OBAMA TO RESIGN OR ANNOUNCE HE WON'T SEEK A SECOND TERM.

TREMBLINGS FROM MT. RUSHMORE?

WHAT WOULD WASHINGTON, JEFFERSON, TEDDY ROOSEVELT AND LINCOLN SAY?

UH-OH: BRACE YOURSELVES FOR A GLOBAL CRASH

THE EURO-BANKS ARE DANGEROUSLY CLOSE TO MELTING DOWN THIS WEEK - AS THEY DID IN 2008.

AND IT WILL GET MESSIER AFTER THAT AS A RESULT.

BIG PLAYERS KNOW THIS AND ARE POSED TO GET OUT OF THE MARKETS EN MASSE.

HOW WE GET HERE? HOW DID EUROPE GO DOWN THE TUBES?

SIMPLE:

BECAUSE FRUGAL AND PRODUCTIVE AND SMALL "C" CONSERVATIVE GERMANS DON'T WANT TO PAY FOR THE SOCIALIST EXCESSES OF GREECE, SPAIN, PORTUGAL, ITALY AND IRELAND - (FOR STARTERS, OTHER EURO-SOCIALIST NATIONS ARE ALSO ON THE BRINK!) - OR GIVE THEM A BLANK CHECK BY AGREEING TO HAVE A EURO-BOND.

THE GOVERNMENTS OF GREECE AND PORTUGAL AND IRELAND AND ITALY AND SPAIN DID NOT GET INTO THEIR HUMONGOUS UNAFFORDABLE DEBT BY IMPLEMENTING "BUSH TAX CUTS FOR THE RICH" OR BY FIGHTING IN "UNFUNDED WARS" OR BY HAVING BLOATED DEFENSE BUDGET.

THEY GOT THERE BY TAKING THE ROAD TO SERFDOM: SOCIALISM.

(THE ROAD OBAMA HAS HAD US ON FOR NEARLY 3 YEARS, TOO! SIGH.)

SO...

IF THE BANKING SYSTEM IN EUROPE GOES DOWN LIKE IT DID IN 2008, THEN OUR MARKETS WILL GO DOWN BY AT LEAST 5% - PERHAPS AS MUCH AS 15-20% BUY THE END OF THE WEEK.

I THINK THE CHINESE WILL BUY MUCH MUCH MORE USA AND EU REAL ESTATE BEFORE THEY TOUCH BONDS.

BUT NOT ENOUGH TO STOP THE IMPENDING MORTGAGE IMPLOSION WHICH WILL SOON FOLLOW A BANK COLLAPSE.

SIGH.

IS THIS CLOWARD-PIVEN WRIT LARGE?

WRIT FREAKIN' GLOBALLY HUGE MAH MAN!

WHATEVER HAPPENS, WE MUSTN'T LET THE LEFT USE IT AS AN EXCUSE FOR MORE SOCIALISM.

IF BILL CLINTON WAS THE FIRST BLACK PRESIDENT, THEN OBAMA IS THE FIRST MUSLIM ONE...

JUST SAYING...

THINK ABOUT IT!

IF OBAMA ISN'T A MUSLIM, THEN - BASED ON HIS APPEASEMENT OF THE TALIBAN AND IRAN AND ASSAD AND HIS HORRIBLE TREATMENT OF ISRAEL AND MUBARAK - HE'D MIGHT AS WELL BE!

ADVANCED PEEK AT OBAMA'S JOBS SPEECH TO BE DELIVERED THIS SEPTEMBER! (HEH!)

Well, it's the one he should delver!:

"My Fellow Americans; I seem to be the biggest obstacle to a debt plan that will save America and stabilize the markets and lead to global growth. Therefore - for the good of our body politic, the federal budget, the national debt. the American economy - and the global economy I am resigning effective tonight at midnight. At that time Joe Biden will be sworn in as President. I am submitting Secretary of State Hillary Clinton's name to the Congress for quick confirmation as Vice President by both bodies. Michelle and I thank you for the privilege of serving you as President and First Lady. Good Night, and May Al- - er um I mean God be with you you and May God Bless America!"

The dollar and the stock markets would go up about 15% on the news! Oil and unemployment would drop in days.

Sigh.

MIGHT OBAMA RESIGN OR DECIDE NOT TO SEEK A SECOND TERM?: THE ASTUTE BLOGGERS SCOOPS HOT AIR BY DAYS, WEEKS AND MONTHS

TODAY, ED MORRISSEY FIRST SPECULATES ON WHETHER OBAMA MIGHT QUIT OR DECIDE NOT TO SEEK ANOTHER TERM.

WE'VE DONE THIS WHAT SEEMS TO BE LIKE MAYBE ABOUT A DOZEN TIMES SINCE THE BEGINNING OF THE YEAR.


MOST RECENTLY YESTERDAY.

HERE'S ONE SCENARIO I POSTED THREE WEEKS AGO:

ITALY CRASHES, AND THEN SPAIN AND THE EURO CRUMBLES

FED ANNOUNCES QE3.

OBAMA APPOINTS BIDEN TO REPLACE HILLARY AS SECRETARY OF STATE, AND REQUESTS THAT THE SENATE CONFIRM HILLARY AS VEEP.

OBAMA ANNOUNCES HE WILL NOT SEEK A SECOND TERM.

THE MARKETS STABILIZE.

REGULAR READERS KNOW THAT THIS IS JUST ANOTHER EXAMPLE OF WHERE OUR BLUNT ANALYSIS IS WAY AHEAD OF OTHER MORE WELL-KNOWN AND MORE WIDELY READ PUNDITS: ON THIS WE BEAT ROGER SIMON, PEGGY NOONAN AND NOW ED MORRISSEY.

SPREAD THE WORD. BLOGROLL US. FOLLOW US. BOOKMARK US.