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Articles Posted by kangpin

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  • Possible court nominee had ties with Goldman

    04/26/2010 6:46:38 PM PDT · by kangpin · 1 replies · 275+ views
    Daily Caller ^ | 4/26/10
    A top prospect for the Supreme Court was a paid member of an advisory panel for the embattled investment firm Goldman Sachs, federal financial disclosures show. Solicitor General Elena Kagan was a member of the Research Advisory Council of the Goldman Sachs Global Markets Institute, according to the financial disclosures she filed when President Obama appointed her last year to her current post. Kagan served on the Goldman panel from 2005 through 2008, when she was dean of Harvard Law School, and received a $10,000 stipend for her service in 2008, her disclosure forms show. A spokesman for Goldman Sachs...
  • Democrats reach deal on $450 trillion swaps market

    04/26/2010 4:38:33 PM PDT · by kangpin · 6 replies · 453+ views
    Daily Caller ^ | 4/26/10
    As bank reform legislation failed to pass a key test vote in the Senate, Democrats released a deal late Monday they struck amongst themselves over how to regulate the opaque $450 trillion derivatives market. There are a number of controversial measures in the derivatives package, none more so that a provision that would have commercial banks divest their entire derivatives divisions if they want to continue to have access to the government safety net. The deal on derivatives comes after Republicans voted unanimously to oppose a key procedural motion put forward by congressional leaders that would have allowed for a...
  • Obama Administration to use health care law to increase tax enforcement

    04/26/2010 11:08:02 AM PDT · by kangpin · 11 replies · 621+ views
    Daily Caller ^ | 4/26/10 | Anthony Kang
    Most people understand that the IRS is likely to need thousands of new agents to enforce the Obama Administration’s new health insurance mandate – starting in 2014, you can either buy health insurance or the government will confiscate your tax refund, at least. But hidden deep within the 2,000 plus page law is a vast new authority for the IRS that proponents admit has nothing at all to do with health care. Instead, its purpose is to squeeze more and more tax dollars from businesses to eliminate the so-called “tax gap” – bureaucratese for every red cent Americans owe the...
  • May 20 is ‘Everybody Draw Muhammad Day’

    04/24/2010 9:24:28 PM PDT · by kangpin · 54 replies · 2,660+ views
    Daily Caller ^ | 4/24/10
    In response to Comedy Central’s recent decision to censor potentially offensive images of Mohammed from a “South Park” episode — which followed thinly veiled threats against the shows’ creators’ lives — the Citizens Against Citizens Against Humor have declared May 20 ‘Everybody Draw Muhammad Day.'
  • New Global Warming Alarmism from LA Times: 'The World is Running Short on Air Pollution'

    04/19/2010 12:12:20 PM PDT · by kangpin · 26 replies · 748+ views
    Newsbusters ^ | 04/19/10 | Anthony Kang
    We have now reached the apex of "heads I win, tails you lose" global-warming alarmism. In his April 18 op-ed for the LA Times, author Eli Kintisch warned that "the world is running short on air pollution, and if we continue to cut back on smoke pouring forth from industrial smokestacks," global warming consequences could be "profound." Having painted themselves into an environmental conundrum, Kintisch and climate scientists are left debating how they are going to proceed with sulfate aerosols - a natural and anthropogenic air pollutant believed to have cooling properties on the earth's atmosphere. "Thanks to cooling by...
  • Stuart Varney Asks: Has Europe's 'Paganism' and Culture Led Directly to its Economic Decline?

    04/16/2010 4:22:15 PM PDT · by kangpin · 18 replies · 468+ views
    Newsbusters ^ | 04/16/10 | Anthony Kang
    It is virtually impossible to separate economics from politics, and politics from a society's culture - but is economics inherently intertwined with religion as well? Fox Business Network (FBN) anchor Stuart Varney thinks so. On FBN's April 14 broadcast of "Varney & Co." Father Jonathan Morris joined the show's panel and explored the question. "Do you think that Europe's paganism - it's turn away from Christianity - has anything to do with Europe's economic decline?" Varney bluntly asked the priest. "Can you link this secularism - what I call ‘paganism' in Europe- directly to economic decline?"
  • Craigslist Founder: Comedy Central the Most Trusted Name in News

    04/06/2010 8:42:54 PM PDT · by kangpin · 89 replies · 593+ views
    Newsbusters ^ | 04/06/10 | Anthony Kang
    Everyone knows Fox isn't "the most trusted name in news," so who is? You guessed it - and at least one media tycoon agrees. Speaking at the University of Missouri as a guest-lecture, Craig Newmark - Craigslist founder and informal Obama technology-advisor - argued that Comedy Central is the most trustworthy news source. Invited to discuss the future of journalism - where individuals virtually have an endless amount of resources in today's era of new media - Newark stressed how trust and credibility was paramount, emphasizing the exemplary dedication Comedy Central shows have for investigative reporting and fact-checking. "[R]ight now...
  • Mattera: Media Treat Dems as 'Though They are at a Jonas Brothers Concert'

    04/04/2010 7:45:34 AM PDT · by kangpin · 9 replies · 471+ views
    Newsbusters ^ | 04/03/10 | Anthony Kang
    Jason Mattera, author of "Obama Zombies" and newly appointed editor of Human Events, said "members in the media treat leftist politicians as though they are at a Jonas Brothers concert." He also had rather choice words for young Obama supporters stuck in a "brainless slumber" on Fox Business Channel's April 2 broadcast of "Imus in the Morning." "Somebody about your age - mouthpiece of Franken - is trying to dissuade you from continuing that," host Don Imus noted upon viewing his guest's recent confrontation with Sen. Al Franken. "Yea, he had his hands all over me like Eric Massa," Mattera...
  • 'Today' Sees 'Help' in White House Remedy for Foreclosures

    03/29/2010 1:18:50 PM PDT · by kangpin · 8 replies · 338+ views
    Newsbusters ^ | 03/29/10 | Anthony Kang
    The Obama administration is trying out a second big-government remedy for people facing foreclosure, but NBC's "Today" failed to mention criticism of the initial program or provide any free-market solutions. The White House has now tapped $14 billion in TARP funds to expand the administration's existing mortgage assistance program. Matt Lauer introduced the "Today" show March 29 discussion of the program saying: "New help for millions of homeowners who are facing foreclosure. The Obama administration is rolling out new incentives to the federal mortgage relief program - so what's different this time?" "If you're unemployed, this is going to give...