http://www.youtube.com/watch?v=hzB7gKvYmwo&feature=player_embedded
He cites continued stress on his family due to the false allegations made in the media. Claims he won’t be silenced and he won’t be going away.
Plan B – The Cain Solutions . com
Developing…
Comments »Peter Schweizer discusses the pattern of those that have friends on Capital Hill usually escape consequences for ethics violations. He also talks about the case where the FBI stopped investigating congressmen when they were threatened with budget cuts.
Watch the video here.
Comments »It’s officially a reality television Republican primary now.
Donald Trump is pairing up with Newsmax, the conservative magazine and news Web site, to moderate a presidential debate in Des Moines on Dec. 27.
“Our readers and the grass roots really love Trump,” said Christopher Ruddy, chief executive of Newsmax Media. “They may not agree with
him on everything, but they don’t see him as owned by the Washington establishment, the media establishment.”
Mr. Trump’s role in the debate, which will be broadcast on the cable network Ion Television, is sure to be one of the more memorable moments in a primary season that has already delivered its fair share of circus-like spectacle.
Mr. Trump’s own flirtation with running for president this year seems almost quaint (whose birth certificate was he all worked up about?) compared with more recent distractions – like allegations of adultery and sexual harassment, gaffes that seemed scripted from a late-night comedy show, and a six-figure line of credit at Tiffany & Co.
But despite being derided by liberals – President Obama likened Mr. Trump to a “carnival barker” for his repeated assertions that the president was actually foreign-born – the real estate mogul is seriously influential in manyRepublican Party circles. And that sway seems especially deep with the party’s conservative base, which will be a decisive factor in the early primaries that are likely to determine the nominee. The debate, which unlike many recent ones will not be limited to a specific topic like national security or the economy, is set to happen just a week before the Iowa caucuses.
Newsmax sent candidates the invitation on Friday afternoon. It began, “We are pleased to cordially invite you to “The Newsmax Ion Television 2012 Presidential Debate,” moderated by a truly great American, Mr. Donald J. Trump.” Spokesmen for several candidates did not immediately respond to questions from The New York Times about whether they would accept.
Though presidential candidates may initially balk at the idea of appearing in a debate where Mr. Trump – with his bombast and The Hair – is the one posing the questions, they may ultimately see it as an invitation they can’t refuse. In fact many of the candidates have already met with him, some more publicly than others. Representative Michele Bachmann has sat down with Mr. Trump several times this year. Gov. Rick Perry of Texas had dinner with him at Jean Georges, the posh Manhattan restaurant. And Mitt Romney paid a visit but carefully avoided being photographed.
And Newsmax is a powerful player itself. It has a broad reach into the conservative base, with monthly Web traffic second only to Fox News among sites with conservative-leaning audiences.
Mr. Trump has been a popular attraction at the Conservative Political Action Conference, the annual gathering in Washington. He was such a successful presence in the eyes of Fox News executives that they added a special weekly segment to their morning show “Fox and Friends” for him called “Mondays With Trump.”
Whether his professed presidential ambitions are genuine or merely a publicity stunt seems not to matter in terms of the news media attention Mr. Trump can command. His highly publicized flirtation with running this year coincided with a Trump-branded product that stood to benefit from all the attention – a new season of his highly rated NBC show “Celebrity Apprentice.”
The arc of his noncampaign was similar in 1987 and 1999 – when Mr. Trump also said that he was considering running for president, episodes that are often forgotten.
His book ”Trump: The Art of the Deal” was published in November 1987 and reached The New York Times best-seller list by December. But by the time theRepublican National Convention rolled around in August 1988, he had opted out.
”Everybody wants me to do it,” he declared then. ”But I have no interest in doing it.”
And in late 1999, just before his book ”The America We Deserve” went on sale, he began courting support as a candidate on the Reform Party ticket. He even toured the country with his girlfriend, Melania Knauss, now his wife. The outcome? You guessed it.
Comments »Herman Cain campaign says they will be making a “major announcement” in Georgia tomorrow. #Decision2012
SOURCE: NBC NEWS TWITTER FEED
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Conservatives say they will try to block the International Monetary Fund from bailing out Italy and Spain, which they say could leave U.S. taxpayers with a huge bill.
Republicans on both sides of the Capitol complain that the Obama administration has refused to share details of what Treasury Secretary Timothy Geithner is discussing with European leaders amid reports the IMF could intervene.
Sen. Tom Coburn (R-Okla.) says he is planning legislation directing the U.S. government to veto an expanded role for the fund.
Senate Republican Steering Committee Chairman Jim DeMint (R-S.C.) and Rep. Cathy McMorris Rodgers (Wash.), a member of the House Republican leadership, also have legislation to curb the proposed intervention.
“I’m adamantly against the IMF being involved in this,” Coburn said.
“We’re throwing good money after bad down a hole that I think is not a solvable problem,” he said.
“Europe is going to default eventually, so why would you socialize their profligate spending,” he added.
Coburn estimates the U.S. could be liable for as much as $176 billion if the IMF shores up Italy and Spain and the European Union collapses.
President Obama this week said the U.S. “stands ready to do our part” to help resolve the crisis, and Geithner in October said using U.S. tax dollars through the IMF to shore up Europe’s efforts was appropriate.
DeMint offered an amendment to the defense authorization bill instructing the U.S. executive director of the IMF to use the voice and vote of the United States to oppose funding of the European Financial Stability Facility, the bailout fund that would be used to stabilize countries at risk of default.
“We need some transparency about what’s really going on,” said McMorris Rodgers. “It’s hard to get information. We’re talking about U.S. taxpayer dollars being involved in the European bailout. The administration needs to be honest with the Congress. I believe Congress needs to be involved in making this decision.”
But Coburn and other Republicans are skeptical their effort will be successful. They expect Senate Majority Leader Harry Reid (D-Nev.) to prevent the Senate from voting on legislation to block U.S. funds from being used in an IMF bailout.
Even if it passes Congress, Coburn says President Obama would likely veto the legislation.
IMF Managing Director Christine Lagarde announced Thursday that Group of 20 nations are prepared to fund a massive IMF intervention.
“If circumstances require, the G-20 will commit the resources that are necessary for the IMF to play its systemic role,” she said, according to Bloomberg. “That gives you a range that is almost without a cap, without a limitation.”
An IMF spokesman said Wednesday the fund is not in discussions with Italy about a bailout.
An IMF bailout of Italy would have to be limited unless rich nations boost its resources. The IMF has about 390 billion euros, but could only spend about 150 billion on Italy because of other commitments. Bailing out Italy alone could cost 600 billion euros, according to Desmond Lachman, an American Enterprise Institute scholar and former IMF deputy director.
Republican lawmakers were alarmed by business news reports earlier this week that the IMF was ready to expand its role in Europe. Traditionally the fund has worked with relatively small, emerging economies. Switching its financial firepower to established economies the size of Italy and Spain would mark a significant change of mission.
Senate Republican Policy Committee Chairman John Thune (S.D.) and other lawmakers said they would join an effort to block an IMF bailout of those countries.
“I’m really leery and skeptical about having the IMF be the point on that because that exposes the U.S. because we’re such a big funder of the IMF,” said Thune.
“I don’t know why the European Central Bank wouldn’t do that directly as opposed to going through the IMF except to get other nations drawn in,” Thune added. “It’s not our best interests or Europe’s best interests to have the United States bailing out countries that need to deal with their own issues.”
Sen. Orrin Hatch (Utah), the senior Republican on the Senate Finance Committee, said “he’s very concerned” from what he’s heard in recent days and would support the efforts of Coburn and DeMint.
“There’s a lot of concern,” he said. “The reason we’re in the situation we’re in [is] because of excessive debt in the industrialized world.”
Domenico Lombardi, a senior fellow at the Brookings Institution and a former board member of the IMF, said the advantage of bailing out Italy or Spain through the IMF instead of the European Central Bank is that doing so would allow European leaders to condition aid on the implementation of fiscal reforms.
Lombardi said the IMF has the authority to attach strings to a possible bailout and monitor the actions of the recipient countries, which the central bank does not.
“The EU system does not have ability to impose conditionality, but the IMF does,” he said.
Lombardi said the Republican criticism has some validity because if the IMF loaned massive amounts to Italy and Spain and failed to prevent a default, the IMF, not the European Central Bank, would be liable.
The U.S. is the biggest contributor to the IMF, kicking in about 17 percent of its budget. A European default could put U.S. taxpayers on the hook for 17 percent of the IMF’s liabilities.
European leaders set a $1.3 trillion goal for an expanded bailout fund. If it failed to recoup its loans, U.S. taxpayers would face a liability of more than $200 billion.
Comments »http://www.youtube.com/watch?v=MSqd7KEE5O8&feature=youtube_gdata_player
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Somehow the Europeans do not realize we just saved their asses again.
What disrespectful sobs ! IF…???
Comments »Would not be surprised. Also explains why such large blocks of call options went off Monday in the banking sector. Of course others will say that was a old man Buffett move of buying on death’s door.
Comments »[youtube://http://www.youtube.com/watch?v=CWKTOCP45zY&feature=youtu.be 450 300]
Comments »“1) “Fragmentation of the euro zone,” in which the 17 member nations would go their own way, which he said would be “incredibly disruptive not just for Europe but also for the global economy.”
2) “Full fiscal union,” in which the nations adopt uniform financial reforms that would be more political in nature.
3) A “middle ground” in which a “smaller but stronger euro zone” emerges where as many as three countries default on their debt and exit the EU.”
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“Many people have the misconception that sanctions are an effective means to encourage a change of behavior in another country without war. However, imposing sanctions and blockades are not only an act of war according to international law, they are most often the first step toward a real war starting with a bombing campaign. Sanctions were the first step in our wars against Iraq and Libya, and now more sanctions planned against Syria and Iran are leading down the same destructive path.
According to the International Atomic Energy Agency’s (IAEA) latest report, just out this month, there is no evidence that Iran has diverted enriched uranium from the peaceful and lawful generation of power toward building a nuclear weapon. According to the Nuclear Non-Proliferation Treaty, Iran has every right to develop nuclear energy for peaceful purposes. Unfortunately, US foreign policy has boxed Iran into a corner where they may view development of a nuclear weapon as the only way to maintain sovereignty. They are surrounded by unfriendly nuclear powers and history has shown that having a nuclear weapon is the best way to avoid being bombed or invaded. The unintended consequences of our confrontational policies toward Iran may be to actually encourage them to seek nuclear weapons capabilities. We should be using diplomacy rather than threats and hostility.”
