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  • A Nation of Takers Hurtles Toward the Fiscal Abyss

    12/10/2012 5:04:10 AM PST · by SJackson · 17 replies
    FrontPage Magazine ^ | December 10, 2012 | Bruce Thornton
    The on-going negotiations over avoiding the tax hikes and spending cuts we call the “fiscal cliff” are the simply the latest act in a farce of self-serving political denial. For decades now both parties have overseen and nurtured the expansion of the entitlement state all the while ignoring the slow-motion economic implosion whose predictable end can be seen today in a bankrupt Greece currently surviving on EU handouts. But American voters and politicians are so marinated in expectations of endless federal and state largess that modest reductions in spending, such as those proposed earlier this year by Congressman Paul Ryan,...
  • Republicans’ Easy Way to Defuse Social Issues

    12/10/2012 5:02:20 AM PST · by Kaslin · 19 replies
    Townhall.com ^ | December 10, 2012 | Bruce Bialosky
    This is part two of a column on the state of Republicanism and how they should move forward.In 1973, the Supreme Court issued one of their worst rulings ever in Roe v. Wade. Largely made from “whole cloth,” the ruling has started a 40-year fight over abortion that unnecessarily has divided this country. If Republican principles were in place on this issue, then there would be a heated discussion; but the core of the fight would be defused and the issue would be handled at the state level where it properly belongs and where other issues should be handled. Without...
  • Should Israel Let the Palestinian Authority Fail?

    12/10/2012 5:01:28 AM PST · by SJackson · 9 replies
    FrontPage Magazine ^ | December 10, 2012 | P. David Hornik
    - FrontPage Magazine - http://frontpagemag.com - Should Israel Let the Palestinian Authority Fail?Posted By P. David Hornik On December 10, 2012 @ 12:50 am In Daily Mailer,FrontPage | 4 Comments …our people have witnessed, and continue to witness, an unprecedented intensification of military assaults, the blockade, settlement activities and ethnic cleansing, particularly in Occupied East Jerusalem, and mass arrests, attacks by settlers and other practices by which this Israeli occupation is becoming synonymous with an apartheid system of colonial occupation, which institutionalizes the plague of racism and entrenches hatred and incitement.What permits the Israeli government to blatantly continue with its...
  • RFK Jr: Right-Wing Controls American Media, Fox News Has Divided US to a Point not Seen Since Civil

    12/10/2012 4:55:45 AM PST · by ilovesarah2012 · 65 replies
    theblaze.com ^ | December 8, 2012 | Christopher Santarelli
    During a discussion on HuffPost Live Friday, Robert F. Kennedy Jr. gave a strong condemnation of what he calls the “right wing media” and particularly Fox News. “It’s divided our country in a way that we haven’t been divided probably since the Civil War,” Kennedy said of Fox News during the discussion focused on fracking. “Its empowered large corporations to get certain kinds of politicians and ideologues who are in the United State Congress elected — the Tea Party ideologues who control the Republican Party.” The nephew of President John F. Kennedy and son of former senator and presidential candidate...
  • Sound familiar?

    12/10/2012 4:54:24 AM PST · by BO Stinkss · 12 replies
    http://iowntheworld.com ^ | December 9, 2012 | Cardigan
    These guidelines were originally published as “Rules for Revolution” in 1919 and subsequently reprinted in American newspapers during the 1950s.
  • ENEMY WARSHIP SUNK, 3 HIT BY U.S. FLIERS IN SOLOMONS; ALLIES IN TUNISIA GAIN POWER (12/10/42)

    12/10/2012 4:54:11 AM PST · by Homer_J_Simpson · 7 replies
    Microfilm-New York Times archives, Monterey Public Library | 12/10/42 | Charles Hurd, Raymond Daniell, Drew Middleton, Hanson W. Baldwin
    1 2 3 4 5 6 7 8 9 10
  • Food stamp use reaches another high in September: 47.7 million participants

    12/10/2012 4:53:24 AM PST · by upchuck · 5 replies
    Daily Caller ^ | December 9, 2010 | Caroline May
    Participation in the Supplemental Nutrition Assistance Program, or food stamps, reached another high in September, according to new data released by the United Stated Department of Agriculture. The most recent data on SNAP participation were released Friday, and showed that 47,710,324 people were enrolled in the program in September, an increase of 607,559 from the 47,102,765 enrolled in August. The number of households enrolled in the program also increased from 22,684,463 in August to 22,973,698 in September, an increase of 289,235. The average benefit, according to the new data, was $134.29 per person and $278.89 per household. Texas, California, and...
  • True Drone Lies

    12/10/2012 4:48:51 AM PST · by Kaslin · 14 replies
    Townhall.com ^ | December 10, 2012 | Katie Kieffer
    Superheroes often live double lives. But so do super-villains. For four years, the Obama administration has been living a double-life regarding drones. Publicly, the president and his leadership tell us they are using drones to protect our borders and promote national security. The administration dismisses challenges to its drone policies as falsehoods, but these “lies” are alarmingly close to the truth. True Drone Lies at HomeDrone creep is happening. On Valentine’s Day, Obama signed the unconstitutional FAA Modernization and Reform Act, allocating $63.6 billion to the Federal Aviation Administration (FAA) between 2012 and 2015. Basically, he authorized the FAA...
  • What Does Obama Want in Fiscal Cliff Compromise?

    12/10/2012 4:46:58 AM PST · by LD Jackson · 8 replies
    Political Realities ^ | 12/10/12 | LD Jackson
    I never cease to be amazed at the audacity and the boldness of the liberals. When the fiscal cliff negotiations started, they were based mainly on raising taxes on the rich. President Obama is clearly still in campaign mode and everywhere he goes, he is declaring the Republicans are holding the middle class hostage, ruining their Christmas, all because they are trying to protect the rich from having to pay their fair share. The basis of any fight over the Bush tax cuts has been that the Republicans are not fond of raising taxes period. They have signaled a willingness...
  • GOP Classic

    12/10/2012 4:46:10 AM PST · by New Jersey Realist · 32 replies
    RedStates ^ | 9 Dec 2013 | Patrick Millsaps
    Growing up in the South means that you were raised on Coca-Cola. We don’t just call Coke, “Coke,” we call every soda made “Coke.” We believe Coke tastes better in a glass bottle than it does in a can. Every true Southerner has tried the unique concoction of drinking Coke with peanuts (in the bottle). We love Coca-Cola. However, in the early 1980’s, Pepsi starting outselling Coke. After a few years of hand wringing and worry, on April 23, 1985, the Coca Cola Company—and this is still emotionally straining as I write this–abandoned its century old formula and introduced—sigh—“New Coke.”...
  • Today's Word with Joel Osteen - December 10, 2012 [Devotional]

    12/10/2012 4:45:48 AM PST · by Vision · 1 replies
    Email ^ | 12/10/12 | Joel Osteen
    The Day You've Been Waiting For Today's Scripture See, I am doing a new thing! Now it springs up; do you not perceive it? I am making a way in the desert and streams in the wasteland. Isaiah 43:19, NIV. Today's Word from Joel and Victoria Have you ever found yourself waiting for something? Waiting for that promotion? Waiting for that relationship? Waiting for a breakthrough? Waiting for something new? Well, I’ve got good news for you: I believe today is the day you’ve been waiting for! I believe God is doing a new thing for you today. Notice...
  • Daily Reflections with Oswald Chambers [December 10, 2012]

    12/10/2012 4:42:57 AM PST · by Vision · 3 replies
    The Offering of the Natural "It is written that Abraham had two sons: the one by a bondwoman, the other by a freewoman" —Galatians 4:22 Paul was not dealing with sin in this chapter of Galatians, but with the relation of the natural to the spiritual. The natural can be turned into the spiritual only through sacrifice. Without this a person will lead a divided life. Why did God demand that the natural must be sacrificed? God did not demand it. It is not God’s perfect will, but His permissive will. God’s perfect will was for the natural to...
  • Poll Shows Opposition Ripping Itself to Pieces

    12/10/2012 4:01:17 AM PST · by Eleutheria5 · 13 replies
    Arutz Sheva ^ | 10/12/12 | Tzvi ben Gedalyahu
    The intellectually bankrupt center-left finally has owned up to its disintegration six weeks before the election. Even the ultra left-wing Haaretz lamented Monday, “Game Over. The center-left bloc is a fragmented mess, while the right-wing bloc has never looked so hale and hearty.” It published a Dialog poll that apparently was a knock-out punch for the left but revealed no surprises for readers of Arutz Sheva, which has reported ever since the demise of the Olmert government that the Israeli public is moving away from the “center left” and towards the nationalist and religious camps. If elections were held today,...
  • Foodstamps Soar By Most In 16 Months: Over 1 Million Americans Enter Poverty In Last Two Months

    12/10/2012 3:57:01 AM PST · by Perdogg · 31 replies
    And we thought last month's delayed foodstamp data was bad. The just reported foodstamp number for September was a doozy, with 607,544 new Americans becoming eligible for foodstamps, as a record 47.7 million Americans are now living in poverty at least according to the USDA. The monthly increase was the highest since May 2011, and with August's 421K new impoverished America, over 1 million Americans made the EBT card their new best friend. It is unclear just which atmospheric phenomenon will get the blame for this unprecedented surge in poverty, which comes at a time when the pre-election economic data...
  • Fleeing Soldiers Claim Officers Were Afraid of Media Photos

    12/10/2012 3:50:11 AM PST · by Eleutheria5 · 19 replies
    Arutz Sheva ^ | 10/12/12 | Tzvi ben Gedalyahu
    The damaging video of Israel soldiers fleeing from rock-throwing terrorists may have a happy ending as the IDF reviews limitations on soldiers, several of whom also charged that officers' fear of media photos forced them to retreat. The video of the soldiers in retreat last Friday may have been embarrassed senior IDF officers enough to change increasingly restrictive limits on soldiers’ ability to fight terror. Combat troops have privately complained the past several years that they have been exposed to life-endangering situations by restrictions on their shooting at terrorists. Court cases, lawsuits, and negative media have been behind the restrictions...
  • Mexican Migration May Be Over

    12/10/2012 3:32:21 AM PST · by Kaslin · 52 replies
    Townhall.com ^ | December 10, 2012 | Michael Barone
    Is mass migration from Mexico to the United States a thing of the past? At least for the moment, it is. Last May, the Pew Hispanic Center, in a study based on U.S. and Mexican statistics, reported that net migration from Mexico to this country had fallen to zero from 2005 to 2010. Pew said 20,000 more people moved to Mexico from the United States than from there to here in those years. That's a vivid contrast with the years 1995 to 2000, when net inflow from Mexico was 2.2 million people. Because there was net Mexican immigration until 2007,...
  • Adams 2016

    12/10/2012 3:22:03 AM PST · by Kaslin · 34 replies
    Townhall.com ^ | December 10, 2012 | Mike Adams
    I'm getting sick and tired of people asking me why I'm running for president in 2016. The answer is that I have to run. The GOP can't run another big government establishment candidate masquerading as a true conservative. So I'm stepping up to the plate. And I'm going to win, largely because my policies will appeal to young people, libertarians, and Reagan Democrats. But that’s enough of the generalities. Here are the twelve specific changes you can expect when I become your 45th president. 1. Passing the 28th Amendment. There is a proposed 28th Amendment floating around the Internet. It...
  • Walmart Bails On Obamacare-Sticks Taxpayers With Employee Healthcare Costs

    12/10/2012 3:03:18 AM PST · by lowbridge · 105 replies
    forbes ^ | december 9, 2012 | rick ungar
    After making a big deal of publicly supporting the Affordable Care Act, Walmart—the nation’s largest private sector employer—is joining the ranks of companies seeking to avoid their obligation to provide employees with health insurance as required by Obamacare. It was not all that many years ago that Walmart announced, in response to harsh criticism over the low pay provided to Walmart ‘associates’, that the company would provide a healthcare benefit to its part-time, low earning employees. The uncharacteristically generous nod to worker needs was short lived as the company partially pulled back on the commitment in 2011, citing premium rate...
  • Quinn & Rose - America’s Morning Show - December 10, 2012

    12/10/2012 2:52:27 AM PST · by sneakers · 20 replies
    Before yunz head dahntahn to work, or start to red up the house n‘at, join us every morning for coffee (or whatever gets yinz started) and maybe some serious discussion of the issues (or not!) Listen to the Quinn & Rose Morning Show from 6:00 to 9:00 Eastern on: www.wpgb.com (104.7 Pittsburgh, Pa) http://wysl1040.com/ (Rochester, NY) http://www.talkradio560.com/ (Frostburg, MD) http://wicofm.com/ (Salisbury/Ocean City, MD WOBX - Outer banks NC http://tunein.com/radio/The-War-Room-p34761/ httphttp://www.wncoam.com/main.html (Ashland, OH) ://tunein.com/radio/The-War-Room-with-Quinn--Rose-p34761/ for archived shows And now on 166 XM
  • Going to Ground

    12/10/2012 2:50:30 AM PST · by AdaGray · 19 replies
    Cannot believe the number of calls I am still getting from Republican groups...making a hobby of unsubscribing from all email marketing lists.
  • Chrysler Auto Workers fired after Wolchek investigation are back on the job

    12/10/2012 2:32:21 AM PST · by equaviator · 17 replies
    MyFoxDetroit ^ | ec 07, 2012 | Rob Wolchek
    DETROIT (WJBK) - Two years ago Fox 2 Problem Solver Rob Wolchek got a tip from someone inside Chrysler's Jefferson North Assembly plant about what some workers were doing at the park on their lunch break. For several days our TV crews followed some of these workers. Play the video above to see what these guys were doing before they went back to work in the factory in 2010. When we showed the video to executives from Chrysler they were embarrassed. The company had just been bailed out by the government and president Obama stood on the floor of the...
  • Inside Look at Muslim Brotherhood’s Torture Chambers

    12/10/2012 2:27:06 AM PST · by Eleutheria5 · 6 replies
    Arutz Sheva ^ | 10/12/12 | Tzvi ben Gedalyahu
    The Muslim Brotherhood has replaced Hosni Mubarak, but an inside look at Egypt’s torture chambers reveal that they remain the same despite the Obama administration’s attempt to make Egypt safe for democracy. At least two things have not changed: Violence and protests. The Egyptian Al-Masry Al-Youm newspaper, with the help of a Brotherhood-owned television station, was given a rare tour of the torture chambers by the Muslim Brotherhood, which does not allow anyone to access the compound without its own permission. The report was translated and published by the Al Monitor website. During a three-hour visit, the newspaper’s reporter revealed,...
  • Rob Bell Tells How 'Love Wins' Led to Mars Hill Departure

    12/10/2012 2:26:36 AM PST · by Gamecock · 24 replies
    Christian Post ^ | December 3, 2012 | Katherine Weber
    Former megachurch pastor Rob Bell, founder of Mars Hill Bible Church in Grandville, Mich., recently shared how his 2011 book, Love Wins, led to a fallout with the congregation and forced him on a "search for a more forgiving faith." Bell details this search in a recent interview with The New Yorker, and discusses his invitation to Christians interested in a different kind of church, "one that can keep pace with the rising 'waterline of culture.'" "Bell is now loosely aligned with a cohort of pastors worldwide who are searching for ways to move beyond old-fashioned worship," Kelefa Sanneh of...
  • Obama visiting Michigan plant to push tax plans

    12/10/2012 2:20:25 AM PST · by equaviator · 36 replies
    Examiner dot com ^ | December 6, 2012 | J Pace
    <p>REDFORD TOWNSHIP, Mich. (AP) — The White House says President Barack Obama will visit a suburban Detroit auto plant Monday afternoon, a visit an aide says is to part of an effort to make the case for raising tax rates on wealthier Americans.</p>
  • Nuns celebrate 200 years of helping others

    12/10/2012 1:44:40 AM PST · by Morgana · 2 replies
    WLKY ^ | 12.10.2012 | WLKY
    LOUISVILLE, Ky — The Sisters of Charity of Nazareth celebrated 200 years of helping others. The order was founded in Bardstown while the War of 1812 raged on and James Madison served as president. A lot has changed over the years, but Sisters of Charity of Nazareth are still serving the poor and helpless. A recent Mass at Louisville's Cathedral of the Assumption focused on the order's work both in the U.S. and overseas.
  • Another UK Health Care Horror Story Which U.S. Press Will Ignore

    12/10/2012 1:44:39 AM PST · by zeestephen · 14 replies
    NewsBusters ^ | 09 December 2012 | Tom Blumer
    Ann Clwyd, a Labour MP since 1984, has said her biggest regret is that she didn't "stand in the hospital corridor and scream" in protest at the "almost callous lack of care" with which nurses treated her husband as he lay dying in the University Hospital of Wales in Cardiff.
  • Today's Toons 12/10/12

    12/10/2012 1:43:50 AM PST · by pookie18 · 14 replies
    The Briefing Room ^ | 12/10/12 | pookie18
    Click on link.
  • Senior al Qaeda leader killed in Pakistan, officials say

    12/10/2012 1:38:39 AM PST · by LibWhacker · 1 replies
    CNN ^ | 12/9/12 | Nasir Habib
    A senior leader was killed in a Thursday drone strike, intelligence officials say Three militants were killed Sunday, officials say Islamabad, Pakistan (CNN) -- A senior al Qaeda leader was killed in a drone strike Thursday in Pakistan, two of the country's intelligence officials told CNN on Sunday. Sheikh Khalid bin Abdel Rehman, who also went by the code name Abu Zaid al-Kuwaiti, was killed in the strike near Miran Shah in North Waziristan, one of the seven districts of Pakistan's tribal region bordering Afghanistan, the officials said.
  • Police: Boys, 7 and 11, attempt robbery with gun

    12/10/2012 1:32:26 AM PST · by Morgana · 10 replies
    yahoo ^ | 12.10.2012 | AP
    PORTLAND, Ore. (AP) — Two boys, ages 7 and 11, are accused of trying to rob a woman with a loaded gun, police said Sunday. The boys tried to carjack a 22-year-old woman who was in her family's truck waiting for her parents in a church parking lot, Portland police said in a statement. Ami Garrett, of southeast Portland, told officers that when the boys approached her, the younger boy told the older boy to "show her your piece." The woman said that when she refused to give them her vehicle, they demanded cash and her phone. She said that...
  • Customers Called 'Fat Girls' on Restaurant Bill

    12/10/2012 1:26:15 AM PST · by Morgana · 97 replies
    yahoo ^ | 12.10.2012 | abc
    The dinner bill for three friends at Chilly D's Restaurant stung, but it wasn't the price - printed on the top of the receipt were the words "Fat Girls". "I got the bill, I was looking at bill [and] I was like, 'Why does this receipt say 'fat girls?'" customer Christine Duran said. The friends had dined out at the Stockton, Calif., restaurant, which is a part of the Cameo Casino Restaurant, on Thursday. The bill lists charges for three tri-tips with fries and three sodas, for a total of $25.50. A bartender named Jeff had apparently typed in "Fat...
  • Brutal Murder of Dana Clair Edwards Shocks Tony Texas Town

    12/10/2012 1:25:27 AM PST · by nickcarraway · 4 replies
    CBS News ^ | December 8, 2012
    It takes a lot to get defense attorney Dick DeGuerin away from his cattle and into a courtroom. He's one of the most famous defense lawyers in Texas. He can pick and choose his cases and he's chosen the case of Thomas Ford. "Look very carefully at the evidence and you will find that Thomas Ford is not guilty," DeGuerin addressed the court at trial. "I'm worried that an innocent man could be convicted." Thomas Ford, 43, is from one of the best families in one of the best neighborhoods of San Antonio. He's charged with killing his former girlfriend...
  • Syria: Rebel Prisoners On Their Religious War

    12/10/2012 1:21:40 AM PST · by LibWhacker · 4 replies
    Sky News ^ | 12/8/12 | Tim Marshall
    Sky's Tim Marshall gains rare access to a prison where he finds evidence that international jihadists are operating in Syria.Interviewing people who, under different circumstances, might kill you is a strange experience. To the soundtrack of multiple rocket launchers and small arms fire, I met six men who the Syrian authorities told us were jihadist rebel fighters captured by the army. We were in a Ministry of Interior prison near Damascus in an area now close to the front lines. The men, four Syrian, an Iraqi, and a Turk, said they had indeed been in the jihadist movement fighting President...
  • A Motorcycle Car That Makes Commuting Easier

    12/10/2012 1:20:35 AM PST · by nickcarraway · 39 replies
    National Geographic ^ | December 9, 2012 | Dan Stone
    Daniel Kim was trying to build a drivable truck from scratch. While lying on his back one day in the shop, the 500-pound chassis hung above him. It started to teeter, then fell, barely missing Kim’s face. His life spared, Kim had his “aha” moment. Just over three-quarters of commuters drive alone, according to the U.S. Census Bureau, so why are cars so big and bulky? Kim’s idea was to cut the traditional car in half, the concept behind the fully electric vehicle dubbed the C-1 that his San Francisco-based company Lit Motors is developing for the next decade. It...
  • Police Called When Crowd Signing Up For Housing List Gets 'Out Of Control'

    12/10/2012 1:19:13 AM PST · by Morgana · 25 replies
    10TV ^ | 12.10.2012 | 10TV
    COLUMBUS, Ohio - Columbus Police sprayed Mace on several people in a crowd that had gathered to sign up for a list to get subsidized housing at a northwest Columbus apartment complex. Police said the crowd started to gather Friday night for the Saturday morning event at The Heritage apartment complex on Gatewood Road near Sunbury Road in northeast Columbus. Authorities said that its highest number, the crowd reached 2,000 people. Residents in the area called police overnight and complained about the noise and number of cars in the neighborhood. According to police, a melee broke out when the manager...
  • US Egyptian Christians fear for faith under Morsi’s Islamist agenda

    12/10/2012 12:36:24 AM PST · by Olog-hai · 3 replies
    Fox News ^ | Published December 09, 2012 | Melissa Chrise
    It seems like every Sunday, there’s a new face sitting in the pews of the Church of Saint Verena and the Three Holy Youth in Orange, Calif. Most are young professionals or families with small children and some have been living in the United States for a just few weeks. “The first waves of immigration,” said Bishop Serapion of the Coptic Diocese of Los Angeles, Southern California and Hawaii. These worshipers are Egyptian Christians, better known as Copts. Their church is Coptic Orthodox, the largest Christian church in Egypt and the Middle East with services similar to other Christian faiths....
  • Messi breaks 40-year record with 86th goal of 2012

    12/10/2012 12:36:09 AM PST · by Berlin_Freeper · 4 replies
    Associated Press ^ | 12/09/2012 | JOSEPH WILSON
    BARCELONA, Spain—Lionel Messi broke German great Gerd Mueller's 40-year-old record for most goals in a year by scoring for the 86th time in 2012 on Sunday. The Argentina forward scored twice to lead Barcelona to a 2-1 win at Real Betis in the Spanish league match. His first was an individual effort in the 16th minute to tie Mueller's mark, and he eclipsed the 1972 milestone with a familiar left-footed finish nine minutes later. "As I have said many times, the record is nice but the important thing is the victory that keeps us on the patch we want to...
  • Climbing without a rope: Alex Honnold (Video: Not for the squeamish of heights)

    12/10/2012 12:11:00 AM PST · by beaversmom · 15 replies
    Video: Climbing without a rope: Alex Honnold
  • Black-Eyed Children, don’t invite them into your home

    12/10/2012 12:09:12 AM PST · by Cronos · 85 replies
    Examiner ^ | 30.Nov.2012 | Barbara Schneider
    Imagine this. You and your better half are on your way home after a late night out on the town. You pull into a convenience store, and you wait in the car while he runs in for something. You’re sitting there in the dark waiting for him to return when suddenly you get an inexplicable, overwhelming feeling of terror. You sit up a little straighter and glance toward the driver’s side window. There staring in at you are two children – but not just any children. These are “Black Eyed Children,” and they want to get into the car with...
  • Influential double ace fighter pilot dies at 88

    12/09/2012 11:46:58 PM PST · by smokingfrog · 17 replies
    my San Antonio ^ | 9 Dec 2012 | Scott Huddleston
    Ralph Sherman Parr Jr., one of the most decorated military pilots in U.S. history, has died, joining the ranks of other legendary aviators who shaped today's Air Force. Parr, a double ace in the Korean War, had undergone treatment for cancer in recent weeks at an assisted living facility in New Braunfels, where he died Friday at 88. Parr was among the last survivors of an era of gutsy, instinctive flying before remotely piloted aircraft and technology changed the way wars are fought in the air. Bob Laymon, a friend and military historian, said Parr “inspired and motivated combat aviators...
  • World risks fresh credit bubble, Switzerland's BIS warns

    12/09/2012 11:29:13 PM PST · by bruinbirdman · 1 replies
    The Telegraph ^ | 12/9/2012 | Ambrose Evans-Pritchard
    Asset prices across the world have risen to heady levels not seen since the credit boom five years ago and may be losing touch with economic reality yet again, the Bank for International Settlements has warned. “Some asset prices appeared highly valued in a historical context relative to indicators of their riskiness,” said the bank in its quarterly report. Yields on morgtage bonds have fallen to the lowest level ever recorded. Spreads on corporate debt have narrowed to the wafer thin margins of 2007, even though default rates are currently three times higher than they were then for junk bonds...
  • EU: Paris hit by wave of street muggings and grave robberies

    12/09/2012 10:52:19 PM PST · by bruinbirdman · 11 replies
    The Telegraph ^ | 12/9/2012 | Henry Samuel, Paris
    Austerity-struck Paris has been hit by a wave of street muggings and grave robberies with thieves prepared to exhume bodies to steal gold and jewellery. Last week, police in the French capital arrested three people as part of a widening grave robbery investigation. There was further public outrage after two masked intruders shot dead a 52-year old precious metal worker when he tried to stop them stealing gold from his foundry in the chic central Parisian district of Le Marais. Police said sky-high market prices for precious metals are acting as a magnet for thieves with scant regard for the...
  • EU: Italian government to quit as Berlusconi returns

    12/09/2012 10:47:35 PM PST · by bruinbirdman · 4 replies
    The Telegraph ^ | 12/9/2012 | Josephine McKenna
    Mario Monti, the Italian prime miniser, has told the country's president he plans to resign after Silvio Berlusconi's party withdrew crucial support in parliament from the technocratic government. President Giorgio Napolitano's office announced Mr Monti's decision after they met for nearly two hours of talks late Saturday at the Quirinale palace, the president's official residence in Rome. An offical statement released by the president's office said Mr Monti had told the head of state that without the support of Mr Berlusconi's party, "he cannot further carry out his mandate, and consequently made clear his intention to resign" . Mr Monti's...
  • Europe clings to scorched-earth ideology as depression deepens

    12/09/2012 10:38:45 PM PST · by bruinbirdman · 22 replies
    The Telegraph ^ | 12/9/2012 | Ambrose Evans-Pritchard
    Like the generals of the First World War, Europe’s leaders seem determined to send wave after wave of their youth into the barbed wire of tight money, bank deleveraging, and fiscal austerity a l’outrance. The strategy of triple-barrelled contraction across a string of inter-linked countries has been the greatest policy debacle since the early 1930s. The outcome over the last three years has been worse than forecast at every stage, in every key respect. The eurozone has crashed back into double-dip recession. It will contract a further 0.3pc next year, according to a chastened European Central Bank. The ECB omitted...
  • Gordon Brown jetted off abroad on 28 trips, earned £2m+ in fees and expenses since leaving No. 10

    12/09/2012 10:36:33 PM PST · by Olog-hai · 4 replies
    Mail on Sunday (UK) ^ | 11:33 EST, 9 December 2012 | Daily Mail Reporter
    Former Prime Minister Gordon Brown has not uttered one word in Parliament for a year, it emerged today. Although he has kept his counsel in the House, Mr. Brown has been jet-setting around the world over the past 12 months. He has declared 28 trips abroad on the MPs’ register of interests—many of them linked to his humanitarian work. And since he left Downing Street in 2010, he has received £2 million ($3.2 million) in fees and expenses—all of which has been plowed back into his public and charitable activities. …
  • Students “poison teacher and classmates by secretly giving them marijuana-laced brownies” at CU

    12/09/2012 10:18:30 PM PST · by Olog-hai · 52 replies
    Mail on Sunday (UK) ^ | 17:27 EST, 9 December 2012 | Daily Mail Reporter
    Two students have been arrested after they brought brownies laced with marijuana to class and shared them with their unwitting professor and colleagues, authorities said. Thomas Ricardo Cunningham, 21, and 19-year-old Mary Elizabeth Essa allegedly made the snacks for “bring food day” at Colorado University on Friday. A female professor was taken to hospital after she began to lose consciousness while teaching at the Hellems Arts and Sciences Building. …
  • Officer saves young girl from family pit bull

    12/09/2012 10:09:21 PM PST · by Uncle Chip · 34 replies
    CBS Atlanta ^ | December 7, 2012 | Jennifer Mayerle
    SPALDING COUNTY, GA (CBS ATLANTA) - Lilly Goodson, 5, is in critical condition with severe bites to her face and body after being mauled by one of her family's dogs on Wednesday. Her grandmother, Kathy Goodson, tried to stop the attack. Neighbors also tried to help, but it was Griffin Police Cpl. Stan Phillips that finally ended the attack. "It was heart-wrenching to see. I never want to see it again," Phillips said. Phillips is still shaken up by the events. When he arrived at the home on Ruth Street in Griffin, he witnessed a 120 pound pit bull attacking...
  • Ghana president re-elected, a result opposition claims was “manipulated”

    12/09/2012 10:08:56 PM PST · by Olog-hai · 1 replies
    Cable News Network ^ | 11:00 PM EST, Sun December 9, 2012 | Nana Karikari-apau
    Ghana’s election commission announced Sunday night that the West African nation’s president won re-election, though the main opposition party says it has “credible evidence” the results were manipulated. In a statement streamed live on the Internet, Electoral Commission Chairman Kwadwo Afari-Gyan declared “John Dramani Mahama president-elect” after securing 50.7% of the vote. Nana Akufo-Addo, the candidate for the New Patriotic Party (NPP), garnered 47.7% of the vote, according to the commission. … But reiterating claims made earlier that the vote had been “manipulated,” the New Patriotic Party issued a statement it has “credible evidence (that) undermines the integrity of the...
  • Deputies: Woman beat up after asking for space at checkout

    12/09/2012 9:55:49 PM PST · by Uncle Chip · 48 replies
    CBS Atlanta ^ | December 5, 2012 | Nikki Davidson
    PACOLET, SC (FOX Carolina) - Deputies said two women are accused of attacking a customer at a Li'l Cricket store in Pacolet who asked them to give her some space while checking out. According to Spartanburg County deputies, it was all because the victim asked the women to give her some space while she entered the pin code for her debit card at the cash register. "All I wanted was a little bit of privacy, I didn't know it would lead to a beatdown," said the victim, Amanda Parker. On Monday afternoon Parker stopped into the Li'l Cricket on Pine...
  • Investigative Journalist Kerry Picket Joins Breitbart News

    12/09/2012 9:54:25 PM PST · by Tolerance Sucks Rocks · 11 replies
    Big Journalism (Breitbart) ^ | December 9, 2012 | Tony Lee
    Investigative journalist Kerry Picket has joined Breitbart News. Picket formerly edited and wrote for the Washington Times opinion section and its "Water Cooler" blog. She also covered Capitol Hill and campaign and elections for the publication. Picket has regularly appeared as a guest commentator on dozens of cable news networks like Fox News, CNN, Fox Business Network, and the Christian Broadcast Network. She has also appeared in prime time specials on Fox News’s “Hannity” dealing with issues such as crony capitalism and corruption in Washington, D.C. “I’m looking forward to continuing what Andrew Breitbart started--delivering honest news, real news, without...
  • Madre de George Zimmerman rompe el silencio en Univision-George Zimmerman’s mother breaks silence...

    12/09/2012 9:40:23 PM PST · by SeminoleCounty · 9 replies
    Conservative Tree House ^ | December 9, 2012 | Sundance
    The following is the [Translated] transcript of the interview made by journalist Jorge Ramos to Gladys and Robert Zimmerman in the program to the point of the Univision Network, on Sunday 9 December 2012. (*Note Gladys speakes fluent Spanish as her first language) The transcript is a little fragmented in translation but you can get the gist. HatTip Ottawa925. The interview: Jorge Ramos: in his first interview for a half in Spanish, accompany us here, in the Studio, Robert Zimmerman, brother of George Zimmerman. Thanks for being with us.