06-27-2011 • ZeroHedge.com
Monday, June 27, 2011
A Surge Of Treasury Issuance As Soon As The Debt Ceiling Is Lifted
06-27-2011 • ZeroHedge.com
Venezuela denies Chavez in critical condition
06-26-2011 • AFP
The
Venezuelan government rejected
reports that President Hugo Chavez is in critical condition following
emergency surgery in Cuba, insisting the firebrand leftist leader was
"recovering well."
Chavez's government said he had an operation for a pelvic abscess on
June 10 and continues to mend.
"He is recovering," Information Minister Andres Izarra told AFP in the wake of a report by Miami's El Nuevo Herald citing unnamed US intelligence sources as saying the 56-year-old "is in critical condition - not on the brink of death, but critical indeed."
Read Full Story
"He is recovering," Information Minister Andres Izarra told AFP in the wake of a report by Miami's El Nuevo Herald citing unnamed US intelligence sources as saying the 56-year-old "is in critical condition - not on the brink of death, but critical indeed."
New Orleans mayor thought CIA agents were trying to POISON him after Hurricane Katrina
06-27-2011 • www.dailymail.co.uk
The former mayor of New Orleans has
revealed how he became so paranoid after Hurricane Katrina he was
convinced the government was trying to poison him.
Ray Nagin also tells the bizarre story of how heavily-armed men in combat suits allegedly stormed his command centre and attempted to plant bugs, as he led the response to the 2005 disaster.
He makes the revelations in a self-published memoir, Katrina's Secrets: Storms After the Storm.
Read Full Story
Ray Nagin also tells the bizarre story of how heavily-armed men in combat suits allegedly stormed his command centre and attempted to plant bugs, as he led the response to the 2005 disaster.
He makes the revelations in a self-published memoir, Katrina's Secrets: Storms After the Storm.
Gingrich: Obama "The Food Stamp President" and Blacks to Switch Sides
Republican presidential hopeful Newt Gingrich has joined other conservatives in using high unemployment rates among African-Americans as a bid against President Obama, saying that the president has performed so poorly that blacks will vote Republican in 2012. "No administration in modern times has failed younger blacks more than the Obama administration," said Gingrich during the keynote speech at the Maryland GOP's annual Red, White & Blue banquet in Baltimore.
Gingrich cited high unemployment rates among African-American teenagers and said that the black vote is ripe for the picking.
"Think of the social catastrophe of 41% of a community not being able to find a job. But we have to have the courage to walk into that neighborhood, to talk to that preacher, to visit that small business, to talk to that mother. And we have to have a convincing case that we actually know how to create jobs," he said, as reported on talkingpointsmemo.com. "The morning they believe that, you're going to see margins in percents you never dreamed of decide there's a better future," Gingrich said. "It takes courage, it takes hard work, it takes discipline and it's doable."
Gingrich stepped in it earlier by calling Obama "the food stamp president," but said that if elected he would be a "paycheck president." Gingrich, a former Speaker of the House, invoked the phrase again during Thursday's speech, adding a bit of nuance, suggesting that blacks might have a come-to-Jesus moment this election and distance themselves from the president.
"I will bet you there is not a single precinct in this state in which the majority will pick for their children food stamps over paychecks," he said.
Gingrich's remarks ring similar to those of Rep. Michele Bachmann, who is also running for the Republican presidential nomination and told a group at the Republican Leadership Conference in New Orleans last week that Obama "has failed the African-American community" for not doing more to bolster employment rates.
Gingrich has a long history of making what some have seen as patronizing, bigoted or outright racists remarks about minorities, women and the LGBT communities.
An article last year on mediamatters.org chronicled what it called "Newt Gingrich's history of bigoted remarks," from over the years.
Here's just a taste:
In August Gingrich compared the proposed Islamic center near Ground Zero to Nazis erecting a sign near the Holocaust Museum or a Japanese memorial near Pearl Harbor.
In 2007 he said that bilingual education teaches "the language of living in a ghetto."
And in 1995 he said that women were not fit for front line combat in the trenches because "they get infections."
One of the more offensive of Gingrich's comments came in a 1994 interview with The New York Times, in which he proposed that the government should abandon giving poor young mothers welfare and instead start building more orphanages.
And during a radio show earlier this week with host Laura Ingraham, Gingrich criticized First Lady Michelle Obama's trip to Africa, again invoking black unemployment:
"Well you know when you had 45% African-American teenage unemployment in January in the United States, it would have been nice for the president to have focused on bringing that hope and optimism to young Americans as well as young Africans."
By Trymaine Lee
Republican Leaders Must Play Hardball on Debt Ceiling
By Bill
Wilson
It is time for congressional Republican leaders, including House Speaker John Boehner, to play hardball on the debt ceiling.
The only way House Republicans’ leverage on the debt ceiling will work is if they’re willing to not increase the debt ceiling. Because, if they are unwilling to go that far, they will achieve exactly zero concessions in exchange for their votes.
That is why Americans for Limited Government is supporting Senator Jim DeMint and House Republican Study Committee Chairman Jim Jordan’s “Cut, Cap, and Balance” Pledge. All members of Congress should be taking this pledge.
Basically, there should be no increase in the nation’s $14.294 trillion borrowing limit unless there are hundreds of billions of immediate spending cuts, statutory spending caps of no more than 18 percent of the Gross Domestic Product, and a balanced budget amendment with strong tax and spending limitations.
Unless all of that is done, the American people will have no assurance that the debt ceiling will not just need to be increased again, again, and again in the future.
Get full story here.
It is time for congressional Republican leaders, including House Speaker John Boehner, to play hardball on the debt ceiling.
The only way House Republicans’ leverage on the debt ceiling will work is if they’re willing to not increase the debt ceiling. Because, if they are unwilling to go that far, they will achieve exactly zero concessions in exchange for their votes.
That is why Americans for Limited Government is supporting Senator Jim DeMint and House Republican Study Committee Chairman Jim Jordan’s “Cut, Cap, and Balance” Pledge. All members of Congress should be taking this pledge.
Basically, there should be no increase in the nation’s $14.294 trillion borrowing limit unless there are hundreds of billions of immediate spending cuts, statutory spending caps of no more than 18 percent of the Gross Domestic Product, and a balanced budget amendment with strong tax and spending limitations.
Unless all of that is done, the American people will have no assurance that the debt ceiling will not just need to be increased again, again, and again in the future.
Get full story here.
Florida Governor Rick Scott Sued for trying to save pensions
By Rick
Manning
The past six months have seen public employee unions protesting around the nation attempting to resist attempts by elected representatives to rein in the massive overspending of their predecessors.
Scenes from Wisconsin to Indiana to even California have found those who have been hired by taxpayers to do the government’s business taking to the streets to keep the power, money and pensions that elected officials who they helped elect granted them.
In Wisconsin, the public employee unions even attempted to influence a judicial election in a brazen attempt to overturn the decisions by duly elected officials.
Now, the teachers union in Florida is suing the state over a change that was made in the law which would require their members to pay 3 percent out of their paychecks toward their retirement fund, instead of having that money provided by the taxpayers.
While I can feel some sympathy toward a public employee who entered this past year with one set of economic assumptions and had those assumptions turned on their head. That is exactly what the rest of America has been feeling for the past three years, largely due to government overspending, keeping these very public employees in the high style that they’ve become accustomed.
Get full story here.
The past six months have seen public employee unions protesting around the nation attempting to resist attempts by elected representatives to rein in the massive overspending of their predecessors.
Scenes from Wisconsin to Indiana to even California have found those who have been hired by taxpayers to do the government’s business taking to the streets to keep the power, money and pensions that elected officials who they helped elect granted them.
In Wisconsin, the public employee unions even attempted to influence a judicial election in a brazen attempt to overturn the decisions by duly elected officials.
Now, the teachers union in Florida is suing the state over a change that was made in the law which would require their members to pay 3 percent out of their paychecks toward their retirement fund, instead of having that money provided by the taxpayers.
While I can feel some sympathy toward a public employee who entered this past year with one set of economic assumptions and had those assumptions turned on their head. That is exactly what the rest of America has been feeling for the past three years, largely due to government overspending, keeping these very public employees in the high style that they’ve become accustomed.
Get full story here.
Subscribe to:
Posts (Atom)