"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Saturday, February 01, 2014

OBAMA: PAYS HOMAGE TO COMMIE SEEGER, AND VIRTUALLY IGNORES UKRAINE - and what this proves, once again

In contrast to Obama’s mere 28 words about Ukraine, an official “Statement by the President on the Passing of Pete Seeger” was 120 words in length: 
“Once called ‘America’s tuning fork,’ Pete Seeger believed deeply in the power of song. But more importantly, he believed in the power of community—to stand up for what’s right, speak out against what’s wrong, and move this country closer to the America he knew we could be. Over the years, Pete used his voice—and his hammer—to strike blows for workers’ rights and civil rights; world peace and environmental conservation. And he always invited us to sing along. For reminding us where we come from and showing us where we need to go, we will always be grateful to Pete Seeger. Michelle and I send our thoughts and prayers to Pete’s family and all those who loved him.” 
The flowery tribute completely ignores Seeger’s service to the communist cause.
THIS IS IN KEEPING WITH OBAMA'S PRIOR PRACTICE OF SENDING LONG, HANDWRITTEN CONDOLENCES NOTES TO RAPPERS, WHILE SENDING MACHINE-SIGNED PRO-FORMA NOTES TO THE FAMILIES OF OUR FALLEN HEROES.

THESE ACTS ARE NOT ONE-OF'S; THEY ARE CONSISTENT WITH THE PERSON OBAMA REALLY IS BENEATH THE SMILE AND THE BARITONE AND HIS EXTRAORDINARY ABILITY TO LIE AND LIE AND LIE AND LIE WITHOUT SHAME.

OBAMA HAS REPEATEDLY REVEALED TO EVERYONE WITH OPEN EYES EXACTLY WHO HE IS AND WHAT HE STANDS FOR:


SOCIALISM; TRANSNATIONALISM; AND RACISM
  1. OBAMA WANTS THE ECONOMY TO BE UNDER CONTROL OF THE GOVERNMENT; 
  2. HE WANTS THE USA TO BE UNDER CONTROL OF INTERNATIONAL AGENCIES AND NOT AMERICANS; 
  3. AND HE WANTS RACE - AND GENDER AND THE LIKE - TO BE USED TO DETERMINE QUOTAS, SET-ASIDES AND SPECIAL TREATMENT.
HIS SUPPORTERS HAVE NO EXCUSE; THEY ARE AIDING AND ABETTING AN EVIL EXTREMIST HELLBENT ON TRANSFORMING THE USA INTO A SOCIALIST NATION, DESTROYING OUR HERITAGE AND OUR EXCEPTIONALISM - AND BRINGING AMERICA TO ITS KNEES.

WE CAN STOP HIM THIS NOVEMBER.

IN FACT, IT'S NOVEMBER OR NEVER.


POLL: WHICH SUPER BOWL TEAM HAS HOTTER CHEERLEADERS, THE BRONCOS OR THE SEAHAWKS?







Spitznagel Warns: "the 'recovery is a Fed distortion-driven mirage' - EXPECTS CRASH

ZERO HEDGE: 
Mark Spitznagel Warns: "the 'recovery is a Fed distortion-driven mirage' ... [...] "... large stock market losses and even crashes become perfectly expected events."
WHO IS SPITZNAGEL? HERE:
Mark Spitznagel... is known for ... his hugely profitable billion dollar derivatives bet on the stock market crash of 2008[2][3][4][5][6][7][8][9] ...  He is among The Wall Street Journal's “5 hedge-fund managers to watch of Wall Street’s biggest, boldest investors.”[11]
MORE, LINKS INDICATING A CRASH IS NEARING, HERE. 


SCARLETT JOHANSSEN WISELY BREAKS WITH OXFAM


There's been rage among the anti-Israelists in the past week because actress Scarlett Johanssen was representing the Israeli Sodastream company, which has a factory in Mishor Adumim. A company which has been providing jobs to Arabs as much as Jews.

One of the bad sources that opposed her job was Oxfam, a British "charity" that she'd represented for free, and now, she's ideally cut ties with this bad movement. Sodastream will be bringing her here to visit Israel soon:
SodaStream plans to bring its global ambassador, Scarlett Johansson, to Israel this year, the company said on Thursday, the same day that the Hollywood star resigned from her prominent eight-year role as Oxfam’s representative due to the controversy over her new connection to a firm with a West Bank factory.

“She has never been to Israel before. We look forward to hosting her later in the year,” SodaStream president Yonah Lloyd told The Jerusalem Post, just three days before its ad featuring Johansson was to air at Sunday’s Super Bowl.

Since taking up her new post with SodaStream in December, grassroots pro-Palestinian groups, primarily the Boycott, Divestment and Sanctions movement, have attacked Johansson and called on Oxfam to drop her as its global ambassador. Alternatively, they asked her to stop representing SodaStream.

Johansson has defended SodaStream as a company where Israelis and Palestinians work together, and refused to cave to the public pressure to drop her new role.
Again, she's done the right thing, and what excuse does Oxfam and their ilk have for attacking a company that's providing Arabs with jobs I thought they believed they should get? Obviously, that was never what they wanted to start with, since they must believe Arabs should be poor for all the wrong reasons.

YATED NE'EMAN PAPER BLAMES ISRAEL FOR ANTI-SEMITISM

The Haredi paper owned by the United Torah Judaism party is going the blame-game route against the country giving it the freedom to criticize it:
The editors of an ultra-Orthodox daily newspaper on Thursday accused the State of Israel of encouraging anti-Semitism throughout the world, claiming that lax religious adherence in the nation and “harassment” of the Haredi community were to blame.

The editorial in Yated Ne’eman, the most widely read daily paper among Israel’s ultra-Orthodox community, stated that a wave of anti-Semitism was washing over the world and pegged the blame on the founders of the state, who “hoped that the established state would solve the problem of anti-Semitism. They sought to save the bodies at the cost of forsaking the souls.”

The piece went on to proclaim that Israel had become the problem, causing Jewish suffering throughout the world. It then cited a lack of religious devotion among Israelis, rising assimilation and ill treatment of Torah scholars as reasons for an increase in anti-Semitic incidents.
They never miss an opportunity to pin the blame solely on the country that's given them shelter from what they supposedly fear, do they? One of the commentors said:
This is just more "Haredi hysteria", lacking ANY basis in fact, and COMPLETELY ignoring the history of the continuing persecution and murder of Jews, LONG BEFORE the restoration of Israel. These editors stubbornly refuse to acknowledge the truth.
And another said:
So how does Yated Ne'eman explain the dozen centuries of Antisemitism before Herzl's Basle Conference???
And much of it took place outside of Israel, in places like England, Morocco, Yemen, Spain, etc. This is all just another form of vindictive reaction to army recruitment, I'd figure. Again, we have a case of Haredi fools disinterested in figuring out how to get foreign education systems changed for improvement, which could help tremendously in combatting anti-semitism.

RIGHT VERSUS LEFT: THE REAL VERSUS THE SURREAL

RTWT.


CONNECT THE DOTS: GLOBAL CRASH COMING... SOON




AND:

3RD FORMER FED BANKER FOUND DEAD IN LESS THAN A WEEK!?!?


Friday, January 31, 2014

ACCORDING TO THE LEFT, THIS FAMILY DOESN'T EXIST


Learn about this family here.

The Left's accusation of racism of the right has increased racial tensions, not lessened them.

The Left's race-baiting has been incredibly divisive.

It's a Pyrrhic strategy.

They don't care what they do to the nation as long as they and their cronies gain power and wealth. 

They only portray themselves as guardians of racial equality and of the Earth's climate in order to gain and hold the power necessary to loot the nation of its wealth.

If they burn down the USA in order to achieve this, they don't care.

There's an old Soviet joke about how the Red Ruling Class lives:
After Leonid Brezhnev ascended to power he brought his little old mother to Moscow from the Ukraine where he was born. He showed here his HUGE office in the Kremlin - with paintings from The Hermitage, and a PHONE and crystal chandeliers, and a secretary, and then took her for a ride in his huge LIMOUSINE and showed her his huge apartment - with a maid and a butler and a chef, and then they took a helicopter to his palatial DACHA. After this incredible tour, he asked his mother: "What do you think of your little Leonidchka now, mamma?" "Well," she hesitates, "it's good, Leonid. But what if the Reds come back?"
The Reds who are power now are no different: Pelosi, Feinstein, Reid - and many others in DC, and a whole host of cronies in the so-called "green economy", and the UAW - they've all prospered at the expense of the US taxpayer.

The company that got the NO-BID contract, and botched, the Obamacare website - made HUNDREDS OF MILLIONS. COINCIDENTALLY, their key player in the USA was an old friend of Michelle Obama.

Sigh.

I wish people on the left who think that Obama and his comrades are doing a good job would WTFU.

And soon.

We don't have much time to fix the mess we're in.

We can get started this November.

In fact, it's November or never.


3 HEADLINES IN THE TIMES PROVE AWFUL ECONOMIC SITUATION PERSISTS


  • Walmart Lowers Profit Forecast : The giant retailer said winter storms and cuts in food stamps would affect its bottom line when it reports earnings in February. 
AND... THE DOW AND ASIAN MARKETS ARE DOWN 5% FOR JANUARY.

THINGS WILL GET WORSE.

STAY TUNED...


GREAT: DE BLASIO JUST MADE NYC LESS SAFE. THANKS.

NYTIMES:
Mayor Says New York City Will Settle Suits on Stop-and-Frisk Tactics 
Mayor Bill de Blasio announced on Thursday that the city would ends its battle over the Police Department's aggressive practice by agreeing to reforms.
THIS WAS EXPECTED; DE BLASIO CAMPAIGNED ON IT.
IT WON'T TAKE LONG FOR THUGS AND TERRORISTS TO TAKE ADVANTAGE OF THIS.
CRIME WILL SPIKE.
AND THE CHANCES OF A TERRORIST SUCCEEDING IN AN ATTACK HAVE JUST GONE UP.
STAY TUNED...

CATHOLICISM FADES IN FRANCE WHILE ISLAM RISES

Giulio Meotti wrote about how Christianity has plummeted in France while Islam is taking over as the noticeable religion in the country, and the worst part is that the corrupt political system is enabling it to happen.

Thursday, January 30, 2014

BUYER'S REMORSE CATAPULTS MITT TO LEAD IN 2016 POLL



SIGH.

ROMNEY INSISTS HE'S NOT RUNNING, BUT HE MIGHT BE OUR BEST CHANCE AT BEATING HILLARY.

SCOTT WALKER HAS  BEEN A GREAT GOVERNOR, BUT NEVER GRADUATED COLLEGE.

CRUZ HAS NEVER RUN A BIG ORGANIZATION.

HMMM: "ROMNEY-CRUZ" HAS A  NICE RING TO IT.


LEV TAHOR NOW UNDER CRIMINAL INVESTIGATION

It's about time, and I hope this'll finally lead to putting the members in psychiatric care they need. CTV reports:
A criminal investigation into the ultra-Orthodox Jewish sect, Lev Tahor, is now underway in Chatham-Kent after search warrants were issued by Quebec authorities.

According to an officer from Sûreté Du Québec, search warrants were issued Wednesday night with assistance from Chatham-Kent police and OPP.

What was taken in the search and the context of what authorities were looking for is unknown. Both Chatham and Quebec authorities refuse to comment on the investigation as it’s an ongoing matter.
The Toronto Star says the leaders are sobbing victimology again:
Officers arrived around 5:30 p.m. with a search warrant for two of the homes, said Mayer Rosner, a spokesperson for the sect. Fourteen children in the Lev Tahor community have been the subject of a long child protection proceeding that originated in Quebec and moved to Ontario courts when more than 150 community members fled Quebec.

Rosner said the officers, who included both Quebec and Chatham-Kent police, did not disclose why they were executing the search warrant.

“It is simply discrimination and we are screaming to the world, ‘SOS’ ” said Rosner. He said late Wednesday that the officers removed baseboards in the home. He said that officers told him an Ontario court approved the search order.

“They sent women and children into the cold,” Rosner told the Star over the phone. The search lasted for several hours, he said.
No, they're screaming victimhood based on their anti-Israel standings. I wonder if that was why the authorities who allowed them to take up residency in Canada: because those in charge had hostile sentiments to Israel? Does this mean anti-Israelism and child abuse go hand in glove?

About a week ago, the Canadian Jewish News quoted them saying they want to go backwards:
The men wear long black coats and wide-brimmed hats, similar to those of other ultra-Orthodox groups. The women’s clothing was designed by Lev Tahor members after they researched traditional European Jewish clothing, Weingarten said. Bringing up some images on his laptop, he showed groups of European Jews wearing similar long-flowing robes, perhaps from the 19th century.

For Lev Tahor, those were the good old days. “We’re more old-fashioned,” Goldman acknowledged. “We go to the sources. We don’t believe in any compromise. We think it’s authentic Judaism. We want to go backwards. We understand that our great-great-grandparents were smarter than us.

“We can see in the old literature that the people were very, very clever. They saw that to serve HaShem, there’s no need to make a compromise.”
I'm not sure what compromises they mean. All I know is that they have a very dark, disturbed, Orwellian view of what Judaism is all about, and think the Haredi customs that began in the 18th century are authentic, but not the customs of ancient times.
It was that refusal to compromise that drove Lev Tahor to Ontario, they explained. At the heart of the issue was their desire to educate their children as they saw fit, without being forced to include subjects anathema to them – evolution and homosexuality.
I honestly don't understand why cultists like these have a problem with homosexuality, since it's fairly prevalent in some of the most twisted Haredi societies like Satmar, if we're discussing the child abuse issues that have been uncovered in recent times. As for evolution, I find that bizarre they don't believe in it, because I did research over past years giving excellent clues that fit evolution in very well with a biblical viewpoint.

NAFTALI BENNETT GETS A BIG BOOST AFTER HIS QUARREL WITH NETANYAHU

Following the whole "Jews in palestine" controversy, the Jewish Home party got a big boost from it in polls:
A new poll, conducted by "Panels Politics" for the Knesset TV Channel, reveals that the crisis between Prime Minister Binyamin Netanyahu and Economics Minister Naftali Bennett that began this Sunday and threatened to break up the coalition has apparently ended in Bennett's favor. [...]

The new poll reveals that following the political clashes, were a general election to be held Netanyahu's Likud Beytenu would drop one seat to 30 mandates, while Bennett's Jewish Home would jump to 17 seats - five more than its current showing.
And that's because Bennett was trying to be altruistic, far more than Netanyahu was.

However, there's an eyebrow raising discovery in all this catastrophe:
Reports by a senior coalition member who spoke on condition of anonymity revealed that the entire crisis was engineered by a senior member of Netanyahu's office to develop a rift between the two parties.

According to the source, the member of Netanyahu's office managed to "turn the whole thing into an unnecessary conflagration between the two men," as opposed to a debate over policy, adding that the issue had gone "beyond a joke and an embarrassment."

Apparently the voting public agreed, as the political tactic to sow tension has turned against Netanyahu according to the recent poll.
I'm not sure if this revelation was why Bennett apologized, but Netanyahu didn't handle it well. Still, the office drone they speak of should be punished severely for doing something extraordinarily offensive, suggesting he/she's a leftist plant. Some Likud MKs have given Bennett backing, and rightly so. This case was an embarrassment, but not a joke. Bennett made a point that Jews living under PLO rule would be murdered, and as any expert could tell you, we cannot take taqqiya statements they'd make at face value. Again, whoever that awful government office employee was, he/she should be fired and ostracized for making such offensive remarks.

Wednesday, January 29, 2014

96% of planet Earth has had no temperature change for 75 years

MORE PROOF ANTHROPOGENIC CLIMATE CHANGE IS BS.

FED TAPERS SOME MORE AND MARKETS TANK

BBC:
The US Federal Reserve announced a $10bn (£6bn) reduction in its monthly bond purchases from $75bn to $65bn in the second straight month of winding down stimulus efforts.
The central bank had been buying bonds in an effort to keep interest rates low and stimulate growth.
In a statement, the Fed said that "growth in economic activity picked up" since it last met in December.
Although the move was expected, US shares still fell on the news.
ASIA'S MARKETS ARE RESPONDING:

MARKETS »

JAPAN
14,872.38
–511.53
–3.33%

21,796.14
–345.47
–1.56%
CHINA
2,038.11
Closed for holiday





GLOBAL STOCK MARKETS WILL GRADUALLY CORRECT AS THE FED REMOVES THE PUNCH BOWL.

MARKETS SHOULD FALL 25-40%, AND GOLD WILL RISE.

AS THE DISMAL CHRISTMAS-THROUGH-1ST QUARTER NUMBERS ROLL IN, THE FED NAY CHANGE COURSE AGAIN...

STAY TUNED...
                                                                             
Nikkei 225 JAPAN15,007.06–376.85–2.45%–7.88%
Hang Seng HONG KONG22,035.42–106.19–0.48%–5.20%
Shanghai Composite CHINA2,033.08–16.83–0.82%–3.07%
All Ordinaries AUSTRALIA5,199.36–41.24–0.79%–2.96%

ROUND 2: WHO WILL HILLARY CLINTON SELECT TO BE HER VICE PRESIDENT?

VIDEO: CRUZ VERSUS HOLDER

THE DANGER JIHADISTS CAN BRING BACK TO WESTERN COUNTRIES

There's a valid worry jihadists who went to Syria will bring their skills back to Australia:
UP to 120 Australians fighting in the Syrian civil war and learning deadly skills which could be used on their return are being funded by Muslim communities here collecting money for humanitarian aid.

Federal Attorney-General George Brandis also warned yesterday that some fighters could commit terrorist acts in Australia.

"These individuals not only potentially breach Australian laws and commit offences offshore, but upon their return to Australia pose a significant national security risk," he said.

Australians fighting in Syria would gain new skills "including the ability to conduct an attack on Australian soil," he told 200 policing experts from around the world at the Interpol Global Security and Counterterrorism Convention in Sydney.
This is just why those who choose to waste their future committing jihad in Syria should not be allowed back into western countries again.

On a related note, two more Muslim teenagers in France were arrested en route to that war zone. But whatever penalties they get may not be enough.

Tuesday, January 28, 2014

DARRELL ISSA: A ONE MINTUTE SOTU 2014

NETUREI KARTA MEMBER WHO WANTED TO SPY FOR IRAN CONVICTED

The bungler who tried to spy against Israel for Iran has been convicted:
An ultra-Orthodox Jewish man who was convicted of offering to spy for Iran was sentenced to a four-and-a-half-year prison term by the Jerusalem District Court on Tuesday.

Yitzhak Bergel, a 46-year-old a member of the anti-Zionist fringe group Neturei Karta, met with Iranian officials at their embassy in Berlin in 2011.

Bergel attempted to enter the embassy on January 17, but found it to be closed. Returning the following day, he was shepherded into an inner room at the embassy and there met with three unidentified men.

He told the Iranian officials that he denies the existence of the State of Israel and offered to spy for Iran. He also explained to the officials that he was not interested in asylum, and was “willing to murder a Zionist.”

Three days after the meeting, Bergel returned to Israel and began to check the email account repeatedly, and even attempted to contact someone named “Haji Baba” by phone.

Bergel was arrested in mid-July. As part of a plea bargain, he confessed to charges of treason and contacting a foreign agent.
While some political observers argued he was an incompetent bungler, he could still be dangerous: what if he did try to murder people whom he perceived as Zionists? No matter how laughable his efforts to become an enemy spy are on the surface, that doesn't mean he still couldn't be dangerous. Let's remember that Neturei Karta were added to the ADL list of anti-Israel groups considered hazards to Israel's safety.

IN VENEZUELA: THE FRUITS OF SOCIALISM: "No flour? No fish? Venezuela's chefs get creative amid shortages"

CNBC/REUTERS:
"I haven't been able to buy wheat flour or corn flour for more than a month. I'm working with what I had last year," said Eduardo Castaneda, 45, owner of La Guayaba Verde, or The Green Guava, in Caracas, which offers a modern spin on traditional Venezuelan food. 
Venezuela's price controls require staple goods be sold at fixed rates that are at times below production cost, which often leaves them scarce because of the reduced incentive for companies to make or import them. 
Even the most ethical of restaurateurs are finding themselves dabbling in the black market to skirt the strict regulations created by the late socialist leader Hugo Chavez and extended by President Nicolas Maduro.
Socialism creates "economic equality" by making everyone a serf.

Everywhere. Every time.

Obama has the USA moving down that path.

Sigh...


WHAT DOES NETANYAHU REALLY HAVE IN MIND?

He said he wouldn't uproot a single Jewish resident of Judea/Samaria, but then, a statement came out of his office saying Jewish residents should be allowed to live there under PLO control, sparking some justified outrage:
Tensions between Prime Minister Binyamin Netanyahu and Economy Minister Naftali Bennett reached new heights Monday when they battled over the possibility of Jewish communities in Judea and Samaria remaining in a Palestinian state.

Relations between Netanyahu and Bennett have been strained since Bennett left his job as Netanyahu’s chief of staff in 2008, reportedly over a financial dispute. Netanyahu appointed Bennett to his cabinet reluctantly and has angered him by keeping him out of the loop on key issues.

The current fight began when Netanyahu’s office floated a trial balloon about leaving Jewish communities in the territory that would be transferred to Palestinian control, in a prospective agreement with Palestinian Authority President Mahmoud Abbas.

Bennett called the idea dangerous and said it reflected a lack of values. His condemnation enraged officials in the Prime Minister’s Office who floated the idea in order to force Abbas to rule out Jews living in a Palestinian state on the day when the Holocaust is commemorated internationally.
This was downright offensive to say, and similarly, it's ridiculous for the PMO to say Bennett ruined plans to expose the PLO's true form when they already have. An investigation's been called for:
An investigation has been launched into the Prime Minister's Office (PMO), Deputy Foreign Minister Ze'ev Elkin stated to Arutz Sheva Monday, over the reports that the Prime Minister Binyamin Netanyahu has suggested leaving Jewish communities under Palestinian Authority (PA) jurisdiction in the event of an interim agreement.

The report first surfaced Sunday, when an anonymous source close to the PMO revealed to reporters that Netanyahu has pushed for Jewish communities to be allowed to remain in a Palestinian State if they choose to do so.

The report caused considerable controversy, angering PA officials and nationalists alike. PA officials declared that no "settler" would be allowed to remain; nationalist MKs, including Economics Minister Naftali Bennett (Jewish Home) and MK Moshe Feiglin (Likud), expressed outrage at the implied disregard for the safety of Israeli citizens. Sources close to the PMO claim that the leak was intentional, to reveal to the international media the PA's real hatred for the Jewish people.

Now, Elkin said, an investigation is being launched to discover with reporter irresponsibly leaked information on the Prime Minister's plans to the press.
It could have been intentional, but was very poor regardless. And besides, The PLO did make clear they have no intention of allowing Jews to live in their districts. If Netanyahu was trying to resort to moral equivalence, that was wrong, and does little more than lead to more friction with Israelis in the know.

Monday, January 27, 2014

NEW AL QAEDA AND NEW MUSLIM BROTHERHOOD FLAGS UNVEILED FOR 2016!

NEW AQIM '16 FLAG:




POSTER SPOTTED IN DOWNTOWN BENGHAZI:


THE SHOOTINGS AT COLUMBIA MALL

Columbia Mall is located in Howard County, Maryland and is an upscale mall.

 On Saturday, January 26, 2014, Darion Marcus Aguilar, age 19 and an individual with no known criminal record or other red flags, entered the Zumiez store and starting firing away. By the time the police arrived, he had killed two people and wounded others, then had turned the gun on himself.  The mall was closed, of course.  More interesting, none of the evacuated shoppers were allowed to drive their vehicles home; school buses and other buses were brought in to take the shoppers home.

Backpacks with primitive IED's were found inside the mall.  In fact, for many hours the police did not approach the shooter's body out of concerns that the body might be booby trapped. 

Who is Darion Marcus Aguilar? This photo, supposedly from Blake High School's yearbook, has surfaced:


Contrary to reports, Zumiez is more than a "skate store."  Rrecently, the store's main display has been one of snowboarding, perhaps in advance of the Sochi Olympics.

An eyewitness interviewed by CNN the afternoon of the murders stated, "The guy looked either Hispanic or Arab." I heard that interview myself when I was tuned into CNN so as to follow the events at Columbia Mall.  CNN never replayed that interview, but continued to replay multiple times any interviews blaming the gun.

Over and over again, despite the police statements to the contrary, various news media kept labeling the slayings as "workplace violence" or "a relationship crime."

Was Darion Marcus Aguilar a jihadist?  Maybe, maybe not.  But it seems to me that the mainstream media were doing all that they could to spin the story into something it appears that it was not, i.e., "a relationship killing."

Sunday, January 26, 2014

Mega Default fn China Scheduled for January 31?

Mega Default In China Scheduled For January 31
On Friday, Chinese state media reported that China Credit Trust Co. warned investors that they may not be repaid when one of its wealth managementproducts matures on January 31, the first day of the Year of the Horse. The Industrial and Commercial Bank of China sold the China Credit Trust product to its customers in inland Shanxi province. 
This bank, the world’s largest by assets, on Thursday suggested it will not compensate investors,stating in a phone interview with Reuters that “a situation completely does not exist in which ICBC will assume the main responsibility.”
There's something rotten in Beijing.

Asia's stock markets are down 2% so far (Monday):
JAPAN
15,009.04
–382.52
–2.49%
21,946.94
–503.12
–2.24%
CHINA
2,036.21
–18.18
–0.88%




ABC NEWS:
Asian stock markets tumbled Monday as investors factored in the possibility of slowing growth in China and a further reduction in U.S. central bank stimulus.The global sell-off that is roiling world markets was triggered by preliminary results Thursday of a survey showing that China's manufacturing would contract in January.Investors are also awaiting a two-day meeting by the U.S. Federal Reserve starting Tuesday, where officials are widely expected to reduce their monthly bond buying by another $10 billion to $65 billion. Turmoil in individual emerging markets such as Argentina, where the peso dropped 16 percent over two days last week, is also spooking investors.
Stay tuned...

UPDATE: SOME SEE A SOFT LANDING:
China is walking a tightrope without a net. There is an acute cash crunch. Credit at a viable cost is being fiercely rationed. Foreign buyers with money in hand can – and are – buying up nearly completed buildings from distressed developers for a song.
The shadow banking system has risen to 30pc of all lending from 20pc in barely more than a year. The growth generated by each extra yuan of credit has fallen by three quarters from 1.0 to 0.25 in five years, evidence of credit exhaustion.
That was the gist of a fascinating gathering on China at the World Economic Forum in Davos, including CITIC Chairman Zhang Yichen, the president of the Chinese Academy of Social Sciences Wang Weiguang, and Blackstone chairman Stephen Schwarzman, among others.
It was Chatham House rules so they cannot be quoted by name (except for one), but I pass on a few general thoughts to readers.
"They are trying to deleverage without blowing the whole thing up," said CITIC's Zhang Yichen.
"The M2 money supply is 120 trillion RMB but that is still not enough cash because velocity of money is very slow, and interest rates are going up."
"My guess is that they will manage it. The US couldn't contain Lehman contagion but in China all contracts can be renegotiated, so it is very hard to have a domino effect. We'll see a slow deflating of the bubble," he said.
STAY TUNED...

ISLAM MAY BE FASTEST GROWING RELIGION IN IRELAND

The Irish Independent wrote about converts to Islam on the isle, and they also note:
Islam is Ireland's fastest-growing religion, with the number of Muslims recorded in the 2011 Census – 48,130 – expected to reach 100,000 by 2020. In a country where only 34pc of approximately 3.8 million Catholics attend Mass, many people are drifting away from religion. But a small number are finding that Islamic beliefs and practices, which allow for a peaceful and community-oriented life, fit their spiritual needs.
Once, Ireland had a big Catholic following, but now, much like in the UK, they too may be losing touch with Christianity, and some are losing their heads over the Religion of Peace.
While more women convert than men, and most conversions are for marriage, people can have very personal reasons for converting – or reverting as it is known in the Islamic faith, in which it is believed that everyone was born Muslim.

Ireland has a thriving Muslim community. Building begins next year on what is set to be the biggest Islamic cultural centre in the country, in Clongriffin on Dublin's northside. There are mosques and dedicated primary schools in each of our cities. And unlike the situation in France, there is no policy against Muslim girls wearing the hijab (veil) to school.
Their mistake, of course. And I feel sorry for those women who converted to a religion they're either naive about, or won't be honest about because they've embraced taqqiya.

They published the taqqiya-laden testimonies of 4 converts, and I'll comment on at least one of them, one whose view of "modesty" and the hijab is flawed at worst:
The one big change is wearing the hijab. I wear it because it's a sign of my devotion to God. It shows humility with my husband and with the male members of my family. For me my beauty is my hair and my body, and that's not for everyone.

I also wear it because one part of my faith is to discuss Islam with non-Muslims. If I'm in the supermarket and someone hears my Ringsend accent, they'll ask, "Oh, how long are you here, love?" And I'll reply, "Actually, I'm Irish". It's a way of sharing your faith with people, of saying: "Don't be afraid of us – we're all human, we all come and go the one way."

I always dressed modestly. I was never comfortable with showing the figure off. We're living in a society where people feel threatened because I choose to not show my body, whereas you have girls as young as 11 or 12 looking at Rihanna. She has a video and she's barely covering her nipples and wearing ... I wouldn't even call them hot pants. And there are ladies twerking and pole-dancing. Girls are looking at that and going: "Yeah, I'm going to get a husband if I do that."

You should be valued for your soul and your personality, not because of how much flesh you show – that's private, and that's your beauty.
Well gee whiz, I knew that! But that doesn't mean a woman should conceal herself so literally under a veil and deny herself an identity and potentially risk an unhealthy situation by denying sunlight and vitamin D to her body, especially her head. She speaks of her hair and body, yet she conceals it beneath such an awful garment?!? There is a contradiction at work there. No, of course dressing skimpily isn't always a tasteful thing to do, certainly not if the people in question are underaged, but that doesn't mean they should blot out their clear facial identities either. It's very sad the woman who wrote that has no understanding of what she's doing to herself, and if only she knew of the personality many jihadists happen to maintain.

OBAMA ADMINISTRATION LABELS ISLAMIC JIHAD LEADER AS TERRORIST

One possible positive the Obama administration is doing now, but even then, it must be met with cautious optimism:
The Obama administration has designated Palestinian Islamic Jihad’s deputy secretary general Ziyad al-Nakhalah as a terrorist, the U.S. State Dept. announced.

The Islamic Jihad claimed responsibility for the Dec. 22 bombing of a bus in Tel Aviv in which quick thinking by two passengers and the bus driver prevented a mass casually disaster.

“Ziyad has repeatedly taken credit for attacks against Israel,” the State Dept. said. “For example, Ziyad took credit for…indiscriminate missile attacks into Israel in 2011, 2009, and 2008.”

U.S. law bans any transactions with designated terrorists and any assets they have that come under the control of any U.S.-based institution are frozen.
We'll see just how well the Obama administration upholds this designation.

ANOTHER REASON WE NEED OIL PIPELINES LIKE KEYSTONE: TRAIN ACCIDENTS SURGING

NYTIMES: 
Accidents Surge as Oil Industry Uses Trains for Transport
Residents of Casselton, N.D., are concerned about the crude-oil convoys that roll through their town, as what was once a stopgap becomes commonplace and safety standards lag.
THIS IS OBAMA'S FAULT.
OBAMA HATES PIPELINES FOR TOW REASONS:
  • HIS LEFTIST BASE HATES THEM, 
  • AND HIS PAL WARREN BUFFETT OWNS THE TRAINS.
WE CAN FIX THIS IN NOVEMBER.
IN FACT, IT'S NOVEMBER OR NEVER.