Wed May 2, 2012 8:56pm EST
Here is the money quote:
“You call some people on Wall Street up, and they’re undecided,” one Obama bundler said. “They’re ‘waiting for clarity’ — that’s the term they use. Or they say the administration ‘hasn’t led sufficiently’ on an issue.”
And why are they undecided?
For the next hour, the donors relayed to Messina what their friends had been saying. They felt unfairly demonized for being wealthy. They felt scapegoated for the recession. It was a few weeks into the Occupy Wall Street movement, with mass protests against the 1 percent springing up all around the country, and they blamed the president and his party for the public’s nasty mood. The administration, some suggested, had created a hostile environment for job creators.
Read the rest of the article here.
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Wed May 2, 2012 1:11pm EST
The United Nations Environmental Program (UNEP), a organization leading the charge for a radical reorganization of “global environmental governance,” has added another item to its list of administrative fiascos: this time, over how it has been protecting the Mediterranean Sea.
According to internal documents obtained by Fox News, a UNEP-administered program to protect the Mediterranean and its coasts overspent its budget by $5.1 million from 1994 to 2011 — equivalent to about a quarter of its entire budget for 2010-2011 — through a rudimentary accounting error that went undetected for most of the 18 years. The cumulative error punched a major hole in the program’s budget.
Despite some frenetic subsequent juggling of accounts and a quiet partial bailout by the European Union, the agency still has the Mediterranean protection program on a budgetary crash diet aimed at getting its books back in balance. UNEP claims that the cash squeeze has not affected any of its actual protection programs.
Read more:
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Wed May 2, 2012 1:06pm EST
Newt Gingrich is preparing to quit his Republican presidential run, but not without leaving behind a multi-million dollar debt to consultants and other companies across the country.
With the candidate set to make his exit official Wednesday afternoon, a close look at his finance records reveals a free-spending machine that ran up a million-dollar debt in private jet flights alone, along with other services and benefits that left the unpaid bill at a whopping $4.3 million at the end of March, according to the latest filing with the Federal Election Commission (FEC). The campaign says it has paid off $500,000 of that total, which still leaves a $3.8 million tab.
And while huge amounts of money are still owed to a variety of vendors — some of whom might wonder when and if they’ll see their money — the campaign seems to have paid off all its bills to businesses run by Gingrich family members, as well as “reimbursed” the candidate himself with nearly half a million dollars.
Read here:
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Wed May 2, 2012 9:44am EST
This is just absurd and juvenile.
Full article
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Tue May 1, 2012 8:05am EST
“Spain is the crucial front in Europe’s battle to contain its economic crisis, and the fight is going badly.
Spain’s economy is in a tailspin. Some forecasters say the unemployment rate, already a punishingly high 24.4 percent, could reach 30 percent. The government’s credit rating has just been downgraded, and its cost of borrowing — close to 6 percent — is putting its solvency in question. Investors are watching the country’s banks with mounting concern.
Europe’s leaders cannot blame Madrid. Mariano Rajoy’s center-right government is making progress on reforms aimed at improving the country’s competitiveness and has tried — to a fault — to meet the European Union’s austerity demands. The resulting budget cuts are strangling the economy, squeezing the government’s revenue and increasing the likelihood that Spain will need still more austerity to meet the EU’s fiscal targets. The policy has become self-defeating….”
Full article
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Mon Apr 30, 2012 10:06pm EST
Obviously or purposefully the Obama administration did not bother to check Wikipedia before choosing the new campaign slogan:
The Obama campaign apparently didn’t look backwards into history when selecting its new campaign slogan, “Forward” — a word with a long and rich association with European Marxism.
Many Communist and radical publications and entities throughout the 19th and 20th centuries had the name “Forward!” or its foreign cognates. Wikipedia has an entire section called “Forward (generic name of socialist publications).”
Read the rest of the rest of the article here.
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Mon Apr 30, 2012 8:24pm EST
New examples of junk science and incompetence in government:
Which do you find more shocking: that the Environmental Protection Agency conducts experiments on humans that its own risk assessments would deem potentially lethal, or that it hides the results of those experiments from Congress and the public because they debunk those very same risk assessments?
Read the rest of the article here.
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Mon Apr 30, 2012 1:12pm EST
A top EPA official has resigned after coming under scrutiny for 2010 remarks in which he compared the agency’s enforcement strategy to Roman crucifixion.
Al Armendariz, the top environmental official in the oil-rich South and Southwest region, resigned in a letter to EPA Administrator Lisa Jackson on Sunday, saying he did not want to be a distraction for the agency. The resignation is effective Monday .
“As I have expressed publicly, and to you directly, I regret comments I made several years ago that do not in any way reflect my work as regional administrator. As importantly, they do not represent the work you have overseen as EPA administrator,” he wrote. “I take great pride in having built a career based on integrity and hard work. These are the principles that guide me personally as well. While I feel there is much work that remains to be done for the people of this country in the region that I serve, after a great deal of thought and careful consideration, I have come to the conclusion that my continued service will distract you and the agency from its important work.”
Read the rest here:
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Mon Apr 30, 2012 8:11am EST
England serves as an example of the failures of austerity during a slow economic period. Now that elections are taking place the people are taking to the streets in protest of budget tightening.
Full article
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Sat Apr 28, 2012 8:28am EST
Congress is again giving consideration to tinkering with the Bankruptcy-Law ban on walking away from student Loans. Read about it here.
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Fri Apr 27, 2012 2:14pm EST
Some activists are years or decades ahead of their time.
Arundhati Roy is one of these visionaries.
Her words were mocked years ago.
Now she wins!
Click here for a documentary called We by Arundhati Roy
Cheers on your pleb weekend activities….
[youtube://http://www.youtube.com/watch?v=-HFXMQ7Ot-k 450 300]
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Fri Apr 27, 2012 8:32am EST
“WASHINGTON (AP) — The House ignored Obama administration objections Thursday and approved legislation aimed at helping stopelectronic attacks on critical U.S. infrastructure and private companies.
On a bipartisan vote of 248-168, the GOP-controlled House backed the Cyber Intelligence Sharing and Protection Act, which would encourage companies and the federal government to share information collected on the Internet to prevent electronic attacksfrom cybercriminals, foreign governments and terrorists.”
Full article
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Fri Apr 27, 2012 8:22am EST
“Francois Hollande’s stepped-up attacks on Chancellor Angela Merkel’s belt-tightening solution toEurope’s crisis show he doesn’t understand his country’s economic shortcomings, an aide to the German leader said.
The intensifying war of words between the French presidential race frontrunner and Merkel is putting the two politicians from Europe’s two largest economies on a collision course over ending the region’s sovereign debt crisis.
“It’s not for Germany to decide for the rest of Europe,” Hollande said late yesterday on France 2 television, prompting Michael Meister, the deputy caucus chairman of Merkel’s Christian Democrats, to say in a phone interview today that “Herr Hollande has misunderstood the problems in his country and in other euro area countries.”
Full article
Anyone want to place a bet on Hollande getting DSKed ?
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Thu Apr 26, 2012 10:17pm EST
This is the 2nd report recently out on the continued bundling of donor funds by Corzine for Obama.
As chairman of the Democratic Senatorial Campaign Committee, Corzine helped Obama first win election to the Senate. He helped him win the presidency. He has been praised by Obama and by Vice President Joe Biden as a “go to guy” on financial, economic, and Wall Street issues. He’s as close to an insider as you can be without actually being in the White House or a member of the president’s cabinet.
To most of the media, however, he’s “Jon who?”
Perhaps the tide is turning…
Read the rest here.
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Thu Apr 26, 2012 1:59pm EST
Joe Biden is back from hiding to wage a campaign against Mitt Romney.
In a speech Thursday, he attached Mitt Romney’s foreign policy experience and world views as being part of the past, and having no place in today’s environment.
“Governor Romney wants to take us back to a world that no longer exists with policies that are dangerously divorced from today’s reality,” Biden said.
Specifically, Biden pushed that Romney is intentionally taking the US in a direction of war with Iran.
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Thu Apr 26, 2012 1:53pm EST
A top EPA official has apologized for comparing his agency’s enforcement strategy to Roman crucifixion — as Republican Sen. James Inhofe launched an investigation and told Fox News the comments are part of a campaign of “threats” and “intimidation.”
Al Armendariz, the EPA administrator in the Region 6 Dallas office, made the remarks at a local Texas government meeting in 2010. He relayed to the audience what he described as a “crude” analogy he once told his staff about his “philosophy of enforcement.”
“It was kind of like how the Romans used to, you know, conquer villages in the Mediterranean,” he said. “They’d go in to a little Turkish town somewhere, they’d find the first five guys they saw, and they’d crucify them.
“And then, you know, that town was really easy to manage for the next few years,” he said.
Read the rest here:
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Thu Apr 26, 2012 1:49pm EST
“In a 37-page opinion (PDF), U.S. District Judge Ursula Ungaro ruled that Scott’s executive order for blanket testing of 85,000 state employees violated the ban on unreasonable search and seizures.”
Full article
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Thu Apr 26, 2012 8:23am EST
Wed Apr 25, 2012 11:25pm EST
Wed Apr 25, 2012 10:53pm EST
[youtube://http://www.youtube.com/watch?v=omt3ZA6oAvI 450 300]
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