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Posted on 07/13/2008 1:01:18 PM PDT by Perdogg
The John Batchelor Show
Listenlive from 7pm – 10pm ET (4pm – 7pm PT) on WABC AM 770 New York City
10pm – 1am ET (7pm – 10pm PT) on KFI AM 640 Los Angeles
If you missed last week show, listen on John Batchelor On-Demand Podcast
Sunday July 6 WABC in New York and WMAL in Washington DC and KSFO in San Francisco.
Sundays 7 PM-10 PM Eastern Time
705P ET: Jodi Schneider, Congressional Quarterly, re Congress sinking toward single digits in approval, re Congress now moving chairs on the Titanic (left, just launched 1911) of the credit markets to rescue Fannie Mae and Freddie Mac. Fed bailout (discount window) or Congress buying subordinated debt? Chris Dodd vs the forces of Hank Paulson.
720P: Neil King, WSJ, re the wildcatters in Kurdistan, the bold new frontier for oil exploration in the wild east. "After investing more than $350 million drilling wells and laying infrastructure, it still can't export oil; Baghdad has held up any exports pending resolution of the debate over a national oil law. Instead, dozens of tanker trucks line up at its base camp to haul away some 7,000 barrels a day, pumped straight from the wellhead for the local market. The stock of DNO is off 21% since a year ago."
735P: Professional roundtable Bill Whalen, Hoover, and Vaughn Ververs, CBS.com, and Melanie Morgan, re Obama goes to Europe, re McCain shows his birth certificate, re the oil panic and credit panic and the silence of the campaigns, re Jesse Jackson in the news.
750P: Roundtable continued. Bernie Mac, IndyMac, Obama.
805P: Larry Kudlow, CNBC, re IndyMac failure, Fannie/Freddie risk, re interview with Phil Gramm, re Gramm vs. McCain. "But look, if you don’t see the world differently at $140 dollars a barrel then you did at $40 a barrel, something is wrong with you." Phill Gramm to Larry Kudlow 7-10-08.
820P: Alim Seytoff, Uyghur Human Rights Project, re the Bejing cadre crackdown on Uyghur activists, re attack and executions of Uyghur patriots, re destruction of mosque to punish Uyghurs for not boosting Olympics: Left, "Muslim pilgrims pray at the grave of an Islamic scholar on their way to the Imam Asim Shrine at the edge of the Taklamatan desert near the former Silk Road city of Hotan, Xinjiang province June 21, 2008, home to China's ethnic-minority Muslim Uighurs. REUTERS/Reinhard Krause"
835P: Gary Matteson, Farm Credit Council, Agricultural Bank, re the Farm Credit System, especially for young and minority farmers. How the system works, according to Matteson: “Farm Credit provided some $5.5 billion to young farmers, $9.3 billion for beginning farmers, and $11 billion for small farmers in 2006. Creating partnerships for success is what this job is all about and with the demonstrated commitment that Farm Credit has to agriculture’s future, I expect to be kept very busy.” Managing American agriculture in the age of Food Security. The Farm Credit Council is a government sponsored agency like Fannie Mae and Freddie Mac, and importantly is not at risk.
850P: Dr. Henry Miller, Hoover, re the anthrax murder mystery 2001, re killer tomatoes vs killer jalapenos, re H5N1 update.
905P: Aaron Klein, WND, re Olmert troubles, re the non-confirmed report of IDF using Iraqi airpsace, re the Iran military exercise. Re the desperation of Fatah, re the interrupted Fatah attack from Jenin.
920P: Richard Lapper, FT, Latin America editor, re Uribe vs Chavez and the liberation of Betancourt, the failure of FARC.
935P: Robert Patton, author, "Pirate Patriots, " re the freebooters and desparate investors, including Washington's generals and Congressional diplomats, who launched American pirates against the English fleet and shipping, 1776.
955P: Exeunt re planet hunters at La Silla, Chile. Exos at 308 and climbing. Waiting on Kepler planet hunter bot next Feb 2009.
Sunday July 6 KFI in Los Angeles
705P PT: Jim McTague, Barron's, re the Fannie Mae/Freddie Mac break-the-glass alarm at Treasury, at Congress, that McTague warned about last November. With Craig Unger, Vanity Fair, re the Gramm-McCain dispute over the state of the state. And what's up with Lehman?
720P: Kai Wright, Nation, re the housing bubble collapse and the badly pressed minority home-owners of Atlanta, Georgia. With Craig Unger continued. "It starts with a $68,000 loan in May 2003--that's the one they made for the new siding. By that December, they'd already refinanced for $100,000. In December 2006, there's another loan, with now-defunct NovaStar Mortgage, for just over $116,000. Two months later there's a package of two more loans, totaling about $125,000 and owed to California-based IndyMac Bank. The IndyMac loan package is a classic subprime product--interest-only payments for five years, at a fixed rate of just over 6 percent, then adjusting upward to about 9 percent plus the principal."
735P: Professional roundtable Larry Johnson, No Quarter, and Craig Unger, Vanity Fair, re Obama and Jackson, Obama and Clinton, the June campaign money, Obama the rock star; re McCain vs Gramm, McCain searches for a campaign. Re Iran war hysteria. 750P: Continued re the lawsuit disputing McCain's natural born status, re the reported fraudulent Obama Certificate of Live Birth document on DailyKos, FighttheSmears.
805P: Professional roundtable John Fund, WSJ, and Monica Crowley, McLoughlin Group, re McCain searches for the economy, re Phil Gramm, UBS liability? Time to lose Gramm? Re Obama vs Jackson. Re Obama vs Berlin. Re Obama vs Bernie Mac.
820P: Roundtable continued, re McCain raises credible cash, re Obama's cash dipping and anecdotal reports of the Clintonista resistance. Re ACORN.
835P: Late addition: Jimmy Rogers, author, form Singapore, who called for Ben Bernanke's exit on March 16/17 and reiterated the call in April. "If you were smart in 1807 you moved to London, if you were smart in 1907 you moved to New York City, and if you are smart in 2007 you move to Asia."
850P: Olivier Guitta, Middle East Times, re the Assads of Damascus double game of working for Tehran and entreating with Washington, re the Saudi hatred of the Assads. Hatred is not a strong enough word. But the Saudis are practical antiques, looking to make deals with Tehran and Damascus to survive after the US bugs out of Gulf.
905P: Dimitar Sasselov, Harvard, Origins of Life Program, re the newly discovered EXOs at HARPS, La Silla, Cile, especially the three Superearths at HD 40307, and the meaning of the new discoveries. Kepler planet-finder bot next February '09. Exos at 308 and counting.
920P: Bob Zimmerman, author, re ISS and the Russian spacewalk to remove the explosive bolt, re Mars Phoenix Lander gremlins. Lead off with earth's core status in question.
935P: Bronwen Maddox, author, FT columnist, "Defense of America," re the Euro bashing and the indefatigable nature of the American dream.
955P: Exeunt re Toyota turns the Tennessee truck plant to Prius. Also, algae biofuel.
“We cannot continue to rely only on our military in order to achieve the national security objectives we’ve set… We’ve got to have a civilian national security force that’s just as powerful, just as strong, just as well funded.” B.H.O
The last time I read a discussion about this quote, it was promoting his idea of two years of National Service right out of high school.
"Barack Obama greets supporters after speaking at the National Council of La Raza Convention in San Diego, Calif., Sunday, July 13."
Lonewacko expressed the situation clearly:
What the Sam Hill? There’s nothing at his Service page (barackobama.com/issues/service) discussing anything near such a program. He wants to increase the size of Americorps, create a “Homeland Security Corps”, create other specialized groups, and give more power and equipment to the Reserves and Guard. But, considering that the U.S. military budget is nearly half a trillion dollars and they’ve got bunker busters and nuclear submarines and things like that, one might expect some sort of inkling of a plan.
Obama today in San Diego with admirers...
Looks like the SEC is going to start investigating rumors (on the banks)...
http://www.bloomberg.com/apps/news?pid=20601087&sid=ankVMKVBnc_Y&refer=worldwide
Of the over 20,000 Mexicans at the convention, Obama spoke to 2,000 large paying folks and they wern’t all Mexicans.
20,000 Mexicans? I wonder if they’re all here legally...
Question of the day.
There were demonstraters from both sides near the convention center.
Dr. Miller: Two different anthrax preparations were used in the attacks. The first was crude; the second used in the Capitol Hill attacks was weaponized.
John now on KFI Los Angeles.
Batchlor all indignant about the loan guarantees to Fanny Mae and Freddy Mac.
I don’t blame him, we don’t need 5 trillion more in debt for our children.
Obama Campaign Calls New Yorker Magazine Cover “Tasteless and Offensive”
http://embeds.files.wordpress.com/2008/07/nyer.jpg?w=496&h=678
LOL. wow Truth hurts.
Talking about the US campaign now. Claims that Obama is having trouble raising money.
It is so true, it’s funny!
Now talking about the polls showing Obama and McCain virtually tied. The June Newsweak poll showing a 15-pt. Obama lead was probably invalid due to a sampling error.
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