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'Dumb Money' Keeping Stocks Afloat: Analyst By Michael Baron 02/17/12 - 09:38 PM EST6 Comments Add Comment NEW YORK (TheStreet) -- It wasn't the improvement in initial jobless claims or the growing likelihood that Greece will get another round of bailout money and stave off default that drove the stocks higher this week. And no, it wasn't Jeremy Lin either. Rather it was the so-called dumb money, according to Mark Arbeter, chief technical strategist at S&P Capital IQ, who was calling for a timeout for this rally a week ago. The bullishness just got to be too much to resist....

Senior Iranian religious leader Ayatollah Ahmad Khatami said on Friday that Iran is already a nuclear state and that Americans have not realized that. “The United States says it will not allow Iran to be nuclear, but it is so blind that it hasn’t noticed that Iran has already become a nuclear state,” Khatami was quoted by Channel 10 News as having said. He added that the U.S. has become isolated in the region, after its four “slaves” were removed from power. He was referring to former Egyptian President Hosni Mubarak, former Libyan strongman Muammar Qaddafi, former Tunisian President Zine...

snip American allies, such as Israel, are similarly nervous about the precipitous departure. A weak and America-less Iraq will have demonstrably negative consequences for Israel’s security environment. First, no country with an American military presence has attacked Israel. U.S. forces stationed in Turkey, Egypt, and the Gulf States have deterred or prevented those states from embarking on military action. In fact, the presence of U.S. forces has generally signaled the strategic orientation of those countries, first as anti-Soviet and now as anti-Iranian. snip Overall, the American withdrawal from Iraq portends ill for Israel. Iranian domination of Iraq is likely to...

The CIA and the U.S. military may have a serious security flaw to deal with if an Iranian engineer's story proves to be true. Speaking to Christian Science Monitor (CSM), he detailed how a team of specialists from his country hacked into a U.S. spy drone's GPS navigator in order to capture it. That's the same one the U.S. government claimed has landed in Iran's territory in early December due to a malfunction. The Iranian specialists reportedly figured out that the RQ-170 Sentinel's weakest point is its GPS by examining previously downed American drones back in September. Using this...

Leaders of the resurrected radical group ACORN are lobbying the Obama administration in what appears to be a concerted effort to game the electoral system to help Democrats, new evidence suggests. At least five Association of Community Organizations for Reform Now leaders have visited the White House this year alone. One of those ACORN officials has been involved in vetting Department of Justice hires who may help to enforce the voter fraud-enabling National Voting Rights Act (NVRA), also known as the Motor-Voter law. The Department has come under fire for refusing to enforce Section 8, which requires states to remove...

While international sanctions continue to mount against Iran and its nuclear program, the Obama administration acknowledged Tuesday that the steps have done little to change Iran's behavior. National Security Adviser Thomas Donilon said at a conference at the Brookings Institution that Iran is paying a steep price for its intransigence. Growing international sanctions, diplomatic isolation and growing defense alliances in the region continue to ratchet up the pressure on Iran and have helped slow its nuclear efforts. But Donilon also admitted that "the Iranian regime has not fundamentally altered its behavior." This month, the International Atomic Energy Agency questioned whether...

Video In a significant failure for the United States in the Mideast, more than a dozen spies working for the CIA in Iran and Lebanon have been caught and the U.S. government fears they will be or have been executed, according to four current and former U.S. officials with connections to the intelligence community. The spies were paid informants recruited by the CIA for two distinct espionage rings targeting Iran and the Beirut-based Hezbollah organization, considered by the U.S. to be a terror group backed by Iran. "Espionage is a risky business," a U.S. official briefed on the developments told...

Vice President Joe Biden has been steadfast in his claim that if the president’s American Jobs Act does not pass, “rape will continue to rise.” Some have questioned Biden for invoking rape to push legislation, but the National Organization for Women is not among them. After one version of Obama’s jobs bill failed to overcome a Senate filibuster last week, the administration has been working to paint Republicans as the ones to blame, and Biden has done so forcefully. “Well let me tell you, it’s not temporary when that 911 call comes in and a woman’s being raped if a...

Security: An Iran that's building nuclear weapons sponsors a shot at terrorism and murder on U.S. soil. Will we wait until Ahmadinejad's operatives come across our porous Southern border with a dirty bomb? The good news is the Iranian plot to assassinate the Saudi ambassador to the U.S. with a car bomb at a Washington, D.C., restaurant was foiled. The bad news is that Iran even attempted to strike inside America. This is something that speaks to the fruits of President Obama's apology tour: Those that should fear us don't. Iran doesn't fear America or possible retaliation any more than...

Sarah Palin’s “Earthquake” © 2011 by Anthony James A little less than three years ago American conservatives received a devastating gut blow when Barack Obama was elected president. Although the mainstream media had not done any of their usual in-depth vetting of this largely unknown candidate, there were nonetheless millions of Americans who had availed themselves of the information digging properties on the Internet, who knew very well who this man was, who his radical past associations were, and who knew without being told what he meant when he said, “We are five days away from fundamentally transforming the United...

She sobbed in recounting a fictitious gang rape, only to tell more lies as she admitted she'd made it up. She lied about her whereabouts after the so-called attack, only to tell new lies after promising to come clean. And when confronted about these layers of lies upon lies, Dominique Strauss-Kahn's hotel-maid sex-accuser collapsed in a roll-on-the-floor tantrum. "But I wasn't under oath!" she told prosecutors. Manhattan prosecutors yesterday filed a 25-page document asking that the charges be dropped in the Strauss-Kahn case -- a document that literally labels the horndog Frenchman's accuser a liar and a fraud. "In virtually...

Media: Talk about the elite lagging behind a more sophisticated public. Newsweek, trying to overcome its slide into obscurity, thought it could grab attention by smearing Tea Party favorite Michele Bachmann. Big mistake. The smear came in the form of this week's cover story, which tried unconvincingly to depict GOP presidential candidate and Minnesota Rep. Michele Bachmann as "The Queen of Rage," with a cover shot that made her look maniacal. But if anything, Bachmann comes across as Thatcheresque in her unmovable opposition to more deficit spending. Question her opposition a journalist may do, but don't make it out as...

Rep. Michele Bachmann has declined to get into the scrum with Newsweek over its cover story of the presidential candidate called "The Queen of Rage," accompanied by an unflattering photo of the Minnesota Republican, but others are calling the magazine out-of-bounds in its depiction. The National Organization for Women President Terry O'Neill said that the cover of the magazine's latest edition is "sexist" and referred to a simple test by the group's founder Gloria Steinem to explain how they determined that conclusion -- would the magazine do the same to a man. "Who has ever called a man 'The King...

One of presidential candidate Michele Bachmann’s major political opponents is defending her against what it says is blatant sexism on the part of Newsweek magazine. Monday, the National Organization for Women (NOW) spoke out against Newsweek’s most recent cover, which features an extreme close-up of Michele Bachmann and the title “The Queen of Rage.” “It’s sexist,” NOW president Terry O’Neill told TheDC. “Casting her in that expression and then adding ‘The Queen of Rage’ I think [it is]. Gloria Steinem has a very simple test: If this were done to a man or would it ever be done to a...

NOW Mum on Obama’s Calling Congresswoman ‘Cute’ Friday, June 17, 2011 By Fred Lucas (CNSNews.com) – Conservative women’s groups saw a double standard regarding President Barack Obama using terms such as “cute” to describe Rep. Debbie Wasserman Schultz (D-Fla.), chairwoman of the Democratic National Committee, but said they are not offended. However, National Organization of Women did not weigh in on the matter. NOW President Terry O’Neill did not have time to comment on the matter, NOW spokeswoman Latoya Veal said. Veal attempted to schedule time for O’Neill to talk about the matter with CNSNews.com for three days, but said...

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I apologize in advance if my writing the words that were said on HBO offends anyone, but this has to be said. NOW Communications Director, Lisa Bennet scolds Bill Maher because of his latest comment about Sarah Palin, calling her a "dumb twat." "Listen, supposedly progressive men (ok, and women, too): Cut the crap! Stop degrading women with whom you disagree and/or don't like by using female body terms or other gender-associated slurs. OK? Can you do that, please?" Yes. C'mon fellas, now I asked you to stop, don't make me count to three. Way to Say it sister!! Of...

Good grief, I would’ve had more respect for the National Organization for Women (not a high bar) had they just said nothing. Via Caroline May at The Daily Caller: In the wake of Bill Maher’s tasteless slur against Sarah Palin Friday night, in which he called the former Alaska governor a “tw@t,” the National Organization for Woman (NOW) has not only denounced the use of such sexist words, but also issued a warning to conservatives who they believe are attempting to use the issue to discredit their organization: “We are on to you, right-wingers.” Listen, supposedly progressive men (ok, and...

Bill Maher uttered a female vulgarism when referring to former Republican VP candidate Sarah Palin on his HBO show Friday night. “Did you hear this – Sarah Palin finally heard what happened in Japan and she’s demanding that we invade ‘Tsunami,’” Maher said. “I mean she said, ‘These ‘Tsunamians’ will not get away with this.’ Oh speaking of dumb tw**s, did you...” Maher was offering an imagined Palin response in an apparent attempt at humor, as Palin had made no such statement.

The National Organization for Women issued a statement from president Terry O'Neill Wednesday with a clearly anti-religion message. The headline: "U.S. Catholic Bishops Major Force Behind War on Women." It began: The collusion of House Speaker John Boehner (R-Ohio) and the U.S. Conference of Catholic Bishops has led to an open declaration of war on the women of this country. The bishops have long sought to enshrine into law those policies of the Catholic Church that subordinate women. And they don't care how badly women get hurt in the process. In the last election, the bishops helped to elect legislators that...