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News/Current Events (News/Activism)

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  • Wilbur Ross Sees Recession, Warns of “Greek” Situation

    12/28/2012 3:09:04 AM PST · by Olog-hai · 12 replies
    MoneyNews ^ | Thursday, 27 Dec 2012 02:35 PM | Forrest Jones and Kathleen Walter
    The U.S. economy faces a recession if the nation goes off the fiscal cliff and key tax cuts fully expire at the end of this year, said Wilbur Ross, chairman and CEO of WL Ross and Co. And, in the wake of news the U.S. will hit its debt limit earlier than expected, the billionaire financier warned that the United States could soon face its own “Greek” style debt situation. Failure to stop automatic tax increases set for Jan. 1 “would obviously have a big negative effect on disposable income and consequently, I believe would put us back into the...
  • The Quinn & Rose - America’s Morning Show - December 28, 2012 (Q&R on vacation)

    12/28/2012 2:51:09 AM PST · by sneakers · 8 replies
    Listen to the Quinn & Rose Morning Show from 6:00 to 9:00 Eastern on: (104.7 Pittsburgh, Pa) (Rochester, NY) (Frostburg, MD) (Salisbury/Ocean City, MD WOBX - Outer banks NC http (Ashland, OH) :// for archived shows And now on 166 XM
  • P.J. O'Rourke: Dear Mr. President, Zero-Sum Doesn't Add Up

    12/27/2012 11:47:17 PM PST · by neverdem · 12 replies
    Wall Street Journal ^ | December 27, 2012 | P.J. O'Rourke
    Is life like a pizza, where if some people have too many slices, other people have to eat the pizza box? Given that hypocrisy is an important part of diplomacy, and diplomacy is necessary to foreign policy, allow me to congratulate you on winning a second term. I wish I could also congratulate you on your conduct of international affairs. I do thank you for killing Osama bin Laden. It was a creditable action for which you deserve some of the credit you've been given. Of course the intelligence was gathered, and the mission was undertaken, by men and women...
  • Ordinary folks losing faith in stocks

    12/27/2012 11:54:32 PM PST · by Olog-hai · 33 replies
    Associated Press ^ | Dec. 27, 2012 5:17 PM EST | Bernard Condon
    Andrew Neitlich is the last person you’d expect to be rattled by the stock market. He once worked as a financial analyst picking stocks for a mutual fund. He has huddled with dozens of CEOs in his current career as an executive coach. During the dot-com crash 12 years ago, he kept his wits and did not sell. But he’s selling now. “You have to trust your government. You have to trust other governments. You have to trust Wall Street,” says Neitlich, 47. “And I don’t trust any of these.” Defying decades of investment history, ordinary Americans are selling stocks...
  • Sheriffs Joe Arpaio and Paul Babeu have different plans for protecting Arizona schools

    12/27/2012 11:40:56 PM PST · by smokingfrog · 4 replies
    ABC15 ^ | 12-27-12 | Webb
    Two Arizona sheriffs have ideas on how to protect schools, and their plans are far from the same. Maricopa County Sheriff Joe Arpaio wants to use his posse. Pinal County Sheriff Paul Babeu wants to arm willing principals. Sheriff Arpaio said his plan is similar to the posse he started in 1993 to patrol area malls. Arpaio said his posse members have more than 100 hours of firearms training and will probably carry Glock handguns.
  • US Treasury to take steps to avoid borrowing limit

    12/27/2012 11:40:31 PM PST · by Olog-hai · 6 replies
    Associated Press ^ | Dec. 26, 2012 6:23 PM EST | Christopher S. Rugaber
    The U.S. Treasury Department will begin taking steps on Friday to delay hitting the government's $16.4 trillion borrowing limit on Dec. 31. Treasury Secretary Timothy Geithner said in a letter Wednesday to congressional leaders that the department will use accounting measures to save approximately $200 billion. That could keep the government from reaching the limit for about two months. … For now, Treasury will take several steps to delay reaching the limit. Geithner said it will stop selling Treasury securities used by state and local governments to support their own sales of tax-exempt bonds. That will keep the department from...
  • Hoyer compares GOP debt limit tactics to hostage taker threatening to shoot child

    12/27/2012 10:37:45 PM PST · by smokingfrog · 22 replies
    CNN Political Ticker ^ | 12-27-12 | Deidre Walsh
    Less than two weeks after one of the nation's deadliest school shootings, the No.2 Democrat in the U.S. House, Steny Hoyer, compared Republican tactics for dealing with the nation's debt limit to someone threatening to shoot a child hostage. "It's somewhat like taking your child hostage and saying to somebody else, 'I'm going to shoot my child if you don't do what I want done.' You don't want to shoot your child. There's no Republican leader that wants to default on our debt, that I've talked to," Hoyer said at a Capitol Hill press conference.
  • Clinton, still recovering, to be back at desk Monday (She's healed)

    12/27/2012 10:24:35 PM PST · by Libloather · 66 replies
    WASHINGTON — Outgoing US Secretary of State Hillary Clinton, who fell ill in early December and hasn't been seen in public since, will be back at her desk on Monday, her closest aide said. "She's recuperating at home," and will take up her official duties again "next week" Philippe Reines wrote in brief email to AFP when asked about the health of Washington's most traveled top diplomat. **SNIP** Her lengthy absence from public life has sparked claims from some of her fiercer critics that she is trying to avoid testifying in a congressional investigation into a deadly attack on a...
  • Iran begins naval maneuvers near Strait of Hormuz

    12/27/2012 10:18:53 PM PST · by Olog-hai · 10 replies
    Associated Press ^ | Dec. 28 2012 12:51 AM EST
    Iran’s state TV is reporting the country’s navy has begun maneuvers in the area of the Strait of Hormuz, where one-fifth of the world’s oil passes. … Iran has threatened to close the straits over Western sanctions but has not repeated the threats lately. …
  • Gen. Norman Schwarzkopf, coalition forces leader during Persian Gulf War, dies

    12/27/2012 9:38:49 PM PST · by FrogMom · 27 replies
    Fox News ^ | 12/27/12
    Truth is, retired Gen. H. Norman Schwarzkopf didn't care much for his popular "Stormin' Norman" nickname. The seemingly no-nonsense Desert Storm commander's reputed temper with aides and subordinates supposedly earned him that rough-and-ready moniker. But others around the general, who died Thursday in Tampa, Fla., at age 78 from complications from pneumonia, knew him as a friendly, talkative and even jovial figure who preferred the somewhat milder sobriquet given by his troops: "The Bear."
  • Gun Control Debate Exposed The Media’s Bias, David Gregory Exposed Their Hypocrisy

    12/27/2012 9:28:31 PM PST · by Libloather · 17 replies
    Mediaite ^ | 12/27/12 | Noah Rothman
    **SNIP** The media’s argument in favor of treating Gregory differently from any other citizen who does not anchor a popular Sunday news broadcast is, essentially, “come on! Really?” Yes, really. The media’s defense of Gregory is entirely personal – he is a member of the media simply doing what the media does. Even if this law is applicable to Gregory (a fact which the media seems prepared to debate), this particular infraction should not result in any penalties. At no point has any member of the media asked if Washington D.C.’s law, which is aimed at reducing the glamour of...
  • John Kerry: Obama’s “Perfect Choice” For Secretary of State

    12/27/2012 9:28:03 PM PST · by NKP_Vet · 19 replies ^ | December 22. 2-12 | John Perazzo
    When Barack Obama nominated John Kerry to be America’s next Secretary of State Friday afternoon, he called Kerry the “perfect choice” to replace Hillary Clinton. Stating that “few individuals … grasp our foreign policies as firmly as John Kerry,” Obama said the Senator will not “need a lot of on-the-job training.” He then praised Mr. Kerry’s combat service in the Vietnam War and his subsequent tenure of service in the Senate, where Kerry has been intimately involved in “every major foreign policy debate for the past 30 years.” Notably, President Obama made no mention of what occurred after Kerry’s military...
  • Knott Co. homeowner shot multiple times, kills gunman(TN)

    12/27/2012 8:45:59 PM PST · by marktwain · 23 replies ^ | 26 December, 2012 | NA
    KNOTT COUNTY, Ky. (WKYT) - Kentucky State Police are investigating a deadly shooting. At approximately 10:30 p.m. on Christmas night, Kentucky State Police in Hazard received a call that a person was possibly shot at the Jamestown Village Trailer Park in the Talcum community of Knott County. Police tell WKYT their early investigation indicates that two male subjects went to the residence of Ricky Sweet and asked to borrow gasoline. Police say that Sweet retrieved some gas from an outside storage building, when one of the individuals pulled out a handgun and demanded money. Police say Sweet fought back and...
  • Who Is Gabriel Sherman? How the New System of Tax-Deductible Lefty Journalism Threatens All of Us

    12/27/2012 8:45:41 PM PST · by Nachum · 7 replies
    Breitbart ^ | 12/26/12 | Capitol Confidential
    Who is Gabriel Sherman? Who is he, and what forces does he represent? Those are questions worth answering, because they speak to the tactics and methods of the left wing in America today. In his too-brief life, Andrew Breitbart always emphasized the importance of understanding how the left operates--the better to combat it. So we at Breitbart News, who seek to carry on Andrew’s work, feel a continuing obligation to expose the left and its ever-evolving methods. And so we return to Gabriel Sherman, because his career provides a window into the mechanisms of the contemporary left. In particular, we...
  • Stigmatizing Gun Owners Makes Civil Debate Impossible

    12/27/2012 8:27:31 PM PST · by Nachum · 59 replies
    Commentary Magazine ^ | 12/27/12 | Jonathan S. Tobin
    The decision of a newspaper in New York’s Westchester County to publish an interactive map that allowed readers to discover the names and addresses of owners of legal guns is generally being debated as one about whether the Gannett-owned Journal News showed good judgment. It didn’t, but the problem goes a lot deeper than whether or not a newspaper ought to publicize information that is legally available to the public in this manner. The controversy goes to the heart of the entire discussion about guns in this country. No matter what those behind this stunt say
  • PRY: North Korea EMP attack could destroy U.S. — now

    12/27/2012 8:03:46 PM PST · by daniel1212 · 54 replies
    Washington Times ^ | December 19, 2012 | Peter Vincent Pry
    North Korea now has an intercontinental ballistic missile (ICBM) capable of delivering a nuclear weapon to the United States, as demonstrated by their successful launch and orbiting of a satellite on Dec. 12. Certain poorly informed pundits among the chattering classes reassure us that North Korea is still years away from being able to miniaturize warheads for missile delivery, and from developing sufficiently accurate missiles to pose a serious nuclear threat to the United States. Philip Yun, director of San Francisco’s Ploughshares Fund, a nuclear disarmament group, reportedly said, “The real threat from the launch was an overreaction that would...
  • India Test Fired K-15 SLBM successfully for 11th Time.

    12/27/2012 8:02:41 PM PST · by MBT ARJUN · 15 replies
    The Defence Research and Development Organisation (DRDO) ends 2012 on an upbeat note, successfully launching the underwater missile K-15 off the Visakhapatnam coast on Wednesday. The missile darted 20 km into the air, after a gas generator ejected it from the pontoon that lay submerged a few scores of metres in the Bay of Bengal, and sped 650 km before splashing into the sea in its 11th flight trial. After one more flight, the two-stage missile will be integrated with Arihant, India’s nuclear-powered submarine, and test-fired from the ship. “It is a fantastic system. It is a very powerful and...
  • Here's What's Behind The Collapse Of The Japanese Yen — The Biggest Economic Story In The World

    12/27/2012 7:52:42 PM PST · by blam · 28 replies
    TBI ^ | 12-27-2012 | Joe Weisenthal
    Here's What's Behind The Collapse Of The Japanese Yen — The Biggest Economic Story In The World Joe WeisenthalDec. 27, 2012, 7:26 PM Earlier we joked that lost in all of the Fiscal Cliff shuffle was the fact that the yen has been getting clobbered. SocGen's FX guru Kit Juckes jokingly responded that far from getting "lost" the yen carnage was actually the only game in town. Indeed this is really the huge story in global markets right now. In addition to being a major shift in one of the world's biggest and strongest currencies, it affects all sorts of...
  • Utah teachers get free gun training in response to Newtown shooting

    12/27/2012 7:28:00 PM PST · by tobyhill · 28 replies
    reuters ^ | 12/27/2012 | Laura Zuckerman
    Kasey Hansen, a special education teacher from Salt Lake City, Utah, says she would take a bullet for any of her students, but if faced with a gunman threatening her class, she would rather be able to shoot back. On Thursday, she was one of 200 Utah teachers who flocked to an indoor sports arena for free instruction in the handling of firearms by gun activists who say armed educators might have a chance at thwarting deadly shooting rampages in their schools. The event was organized by the Utah Shooting Sports Council in response to the mass shooting in Newtown,...
  • Above the Law? Howard Kurtz Scolds D.C. Police for Investigating NBC's David Gregory

    12/27/2012 6:50:24 PM PST · by chessplayer · 54 replies
    Howard Kurtz of The Daily Beast has some tough talk for the D.C. Police investigating NBC's David Gregory. In an interview with the NRA's Wayne LaPierre on Sunday's Meet the Press, Gregory had produced an high capacity magazine on-air in violation of D.C. gun laws, thus attracting a police investigation. Kurtz lamely implied that although Gregory broke the law, he shouldn't be prosecuted for it. "But the D.C. Police Department apparently has nothing better to do than examine whether he violated the city’s gun laws," Kurtz scoffed in his column at the Daily Download. Gregory clearly broke the law. Should...