Save The Planet? How About Saving The Republic? The RAMBOS versus The Bambos(Bambis)
Save The Planet? How About Saving The Republic?
Yesterday, the Politico quoted House Speaker Nancy Pelosi as saying,
"I'm trying to save the planet; I'm trying to save the planet."
She was responding, of course, to pressure that she and her fellow Democrats are experiencing to suspend a congressional ban on offshore oil drilling in the face of skyrocketing energy prices.
It would be really wonderful, however, if the liberal congresswoman could get as energized about saving our once great republic........
http://www.newswithviews.com/baldwin/baldwin459.htm
by Chuck Baldwin
==================
SAVE THE PLANET? HOW ABOUT SAVING THE REPUBLIC?
By Chuck Baldwin
July 30, 2008
NewsWithViews.com
Yesterday, the Politico quoted House Speaker Nancy Pelosi as saying, "I'm trying to save the planet; I'm trying to save the planet." She was responding, of course, to pressure that she and her fellow Democrats are experiencing to suspend a congressional ban on offshore oil drilling in the face of skyrocketing energy prices. It would be really wonderful, however, if the liberal congresswoman could get as energized about saving our once great republic.
Gordon Brown ally accused of verbally abusing colleagues.
This is by no means the first time. She really is a most unpleasant
person - and incompetent too.
Telegraph
TELEGRAPH 30.7.08
Gordon Brown ally accused of verbally abusing colleagues.
One of Gordon Brown's closest ministerial allies has been reported to
the party leadership after she was accused of verbally abusing Labour
colleagues.
By Andrew Pierce
Shriti Vadera, who was made a minister in the House of Lords when Mr
Brown became Prime Minister, is alleged to have become involved in a
shouting match with women members on a stairwell after a session at
the party's policy forum at Warwick at the weekend.
Baroness Vadera, the minister for business and enterprise who was a
key economic adviser to Mr Brown for eight years before he became
Prime Minister, is alleged to have accused one woman of "being out to
lunch".
Several delegates complained to Harriet Harman, the deputy leader of
the Labour Party, that Lady Vadera had been "rude" and "arrogant".
They expressed surprise that "anyone like that could be a Labour
minister".
The disagreement erupted after Lady Vadera, who is nicknamed "Shriti
the shriek" and "shrieking Vadera" by some colleagues, forcibly
rejected demands from the women for equal pay audits for companies in
the party's manifesto. The audit was part of a wish list drawn up by
Miss Harman as part of her equality portfolio.
But Lady Vadera, one of the most influential women in the government,
led the opposition to the move which she feared would alienate the
Biased BBC
Biased BBC
Tuesday, July 29, 2008
David Vance #
RED KEN ON RED CHINA.
Caught the One O'Clock news on Radio 4 at lunchtime and there was a discussion on the latest Amnesty International report on China's pathetic failure to live up to the fine promises it had made concerning improving its wretched human rights record prior to getting the green light to host the Olympic Games this year. Now I am not a fan of Amnesty "Gulag of our times" International but on this occasion I think the report they have produced has real value. So who does the BBC invite on to discuss it? That's right - Ken Livingstone. And what is his take? Well, he decided that since Britain is a human rights abuser it is in some ways worse than China! Red Ken was allowed to tell listeners that the UK's record of starting illegal wars (Iraq) and human rights abuses meant that it is not in a position to lecture China. The Chinese must love Ken almost as much as the BBC.
Labels: china, olympics
Comments: 14 (unread) - Biased BBC Home
David Vance #
PUTTING THE HOM INTO HOMICIDE.
Hi folks! Just back from a long weekend in Rome. Over there the good news is that I couldn't pick up the BBC, the bad news is that I could pick up CNN. Whilst CNN is outrageously biased ("Cult of Obama" at its' worst) I reckon it is perhaps somewhat less anti-British than the BBC, so small mercies and all that! Plus, of course, I do not have to fund such left-wing drivel.
The cheating wall game. Really silly season.
Melanie Phillips
Tuesday, 29th July 2008
The cheating wall game
6:56pm
When the note that Barack Obama lodged in a crack in Jerusalem's Western Wall last week was published in the Israeli newspaper Ma'ariv, reportedly after having been removed from the wall by a religious student, there was an outcry from sundry rabbis and others who fulminated against such an outrageous abuse of privacy. What kind of unprincipled individual would steal such a note and reveal its contents to the world? they fretted. This seemed to me at the time to be remarkably naive. Was it really likely that Senator Obama would have inserted such a note in such a place, with the serried ranks of the world's media lenses pointing at him, without at the very least harbouring the teensiest suspicion that within seconds it would be removed and its contents find their way into a newspaper?
My suspicions were...
Continue reading...
http://www.spectator.co.uk/melaniephillips/865096/the-cheating-wall-game...
====================
Really silly season
4:25pm
The Times on-line edition is reporting that, along with David Miliband, Harriet Harperson is preparing the ground for a leadership election:
It is alleged that Ms Harman was spotted on Thursday night, watching the scale of Labour's defeat in the Glasgow East by-election on the television, telling aides 'this is my moment'.
The Jerusalem Post reports that Israel's Foreign Minister Tzipi Livni
Retailers suffer worst month in 25 years.
Financial Up Date
Retailers suffer worst month in 25 years
Larry Elliott, economics editor
guardian.co.uk, Tuesday July 29 2008
Britain's retailers have suffered their grimmest month in a quarter of a century as deep price cuts in the summer sales failed to entice wary consumers into the shops, the CBI said today.
The monthly snapshot of the high street from the employers' organisation found that 61% of businesses said activity was lower in July than a year earlier while only 25% said it was higher.
The CBI said the resulting balance of -36 points was the weakest since it began its distributive trades survey in 1983 and that retailers expected another dismal month in August.
Andy Clarke, chairman of the CBI distributive trades panel, and retail director of Asda, said: "It is turning out to be a very grim summer for many retailers. Pressure from higher fuel and food prices is prompting many people to rein in their spending, proving that value retailing has never been more important.
"The faltering housing market has really depressed sales of home furnishings and white goods this month and the high street is still struggling, but supermarkets are faring better.
"The retail sector will have to focus more than ever on providing good value to customers if they want to keep the sun shining this summer."
UK banks dive on Merrill shock fundraising.
Finanacial Up Date
From Times Online
July 29, 2008
UK banks dive on Merrill shock fundraising
Amanda Andrews and Tom Bawden
UK banking stocks today plummeted on fears of a new round of capital-raising after America's Merrill Lynch last night revealed plans to bolster its balance sheet by raising $8.5 billion (£4.27 billion) and selling $11.1 billion-worth of high-risk mortgage-backed securities.
Shares in Barclays were down 6.35 per cent, or 21.7p, to 317.25p in early trading, while stock in Royal Bank of Scotland fell 3.7 per cent, or 7.65p, to 198.6p, and HBOS plummeted 4.9 per cent, or 14.5p, to 273.25p.
Simon Willis, an analyst at NCB Stockbrokers, said: "Anything that flags further capital-raising is bad for the sector", while Nic Clarke, an analyst at Charles Stanley Securities, said: "It is a volatile time for UK banks and Merrill Lynch has not helped the sentiment."
Merrill Lynch said it would record a $4.4 billion writedown in its third quarter from the sale of the securities, known as collateralised debt obligations (CDOs), or pools of mortgage bonds, in a disposal that represented the majority of Merrill's remaining CDO portfolio.
RELATED LINKS
Merrill takes emergency action over writedown
Banks seeking buyers to grow as crunch bites
Credit Suisse's return to black causes cheer
* Obama Endorses Myth of Palestinian Centrality * * Obama's 'Private' Note to God Was a Media Stunt *
The 2 related stories
below are about one of the two US presidential
candidates. IRIS is not affiliated with any political
party in any country, but we do share information with
our readers on political parties and politicians in
various countries when it is relevent to Israel.
Below are recent excerpts from the IRIS Blog. For the
full stories and links to other articles as well please
visit:
http://www.iris.org.il/blog.html
* Obama Endorses Myth of Palestinian Centrality *
Even in Barack Obama's carefully scripted talking
points, he can't hide let his beliefs, which are an
dangerous threat to Israel. Here's quote #1:
If we can solve the Israeli-Palestinian process, then
that will make it easier for Arab states and the
Gulf states to support us when it comes to issues
like Iraq and Afghanistan.
This is a polite endorsement of the myth of Palestinian
Centrality, which has been the guiding principle behind
the unrelenting pressure on Israel to appease its
jihadist enemies with land.
Here's quote #2:
Question: The current Israeli prime minister told me
in an interview a few months ago that the great
advantage of the Bush administration on that issue
was that they looked at Israel on the basis of "67-
plus" - that their starting point was that maybe
Israel can expect or deserve support for a slightly
larger sovereign
presence than the pre-1967 Israel. Do you think of
Israel in its final-status incarnation on the basis
of "67-plus"?
Answer: Look, I think that both sides on this
Investors See Merrill 10 Times More Likely to Fail.
financial up date
Finance News
MONEY NEWS
Investors See Merrill 10 Times More Likely to Fail.
Tuesday, July 29, 2008 9:30 AM
Investors now pay 10 times more money to ward off the risk of a Merrill Lynch default, according to a new Bloomberg News analysis.
The data comes just as Merrill Lynch announced it would take a big new write-down totaling $5.7 billion and issue $8.5 billion in new stock.
The Bloomberg analysis shows the cost of insuring the banking giant's bonds against default using credit derivatives is 10 times higher than a year ago. The analysis tracks the cost of guaranteeing against nonpayment for debt as short as six months and up to 10 years.
It now costs more to insure debt for one year than it does for longer terms, which suggests that investors think things will get far worse, far sooner, Bloomberg News concluded.
The trend underlines the seriousness of Merrill's situation, even as its executives scramble to assure investors that all is well.
Merrill had made a "significant milestone in our risk reduction efforts,'' Chief Executive Officer John Thain told reporters.
Yet the investment bank posted a $4.9 billion loss just two weeks ago, in a quarter in which it revealed $9 billion in writedowns.
Merrill has agreed to sell $30.6 billion of its repackaged debt, known as collateralized debt obligations — generally suspect and subprime mortgages — for 22 cents on the dollar. Private equity fund Lone Star Funds is the buyer.
Posts
