iFreedom4ever | July 05, 2010
By Patrick Buchanan | July 7, 2010
Copyright © 2010 Creators Syndicate
"This was a war of Obama's choosing. This is not something the United States has actively prosecuted or wanted to engage in."
Strictly speaking, Republican Party Chair Michael Steele was way off base when he made this remark at a closed-door meeting of party contributors in Connecticut.
For the war began in 2001 under George W. Bush and was backed by almost all Americans, who collectively cheered the downfall of the Taliban and the rout of al-Qaida from its sanctuary in Afghanistan.
Yet, Steele was not entirely wrong.
Today, a majority of Americans do not believe the nine-year war in Afghanistan is any longer worth the rising cost in blood and money. And by declaring it a "war of necessity" and tripling U.S. forces there, this president has made it "Obama's war" every bit as much as LBJ in 1964 and 1965 made Vietnam "Johnson's War."
While Steele has spent every waking hour since his words hit the airwaves explaining, and declaring his commitment to victory, of far more interest is the alacrity with which neoconservatives piled on the chairman, demanding his resignation, while senators castigated him for remarks unacceptable for a Republican Party leader.
William Kristol's demand for Steele's resignation was echoed by Charles Krauthammer and Liz Cheney, daughter of the vice president. From Afghanistan, Steele was attacked by Sens. Lindsey Graham and John McCain, who suggested he think again about his capacity to lead the Republican National Committee.
Behind the swiftness and severity of the attacks on one of their own by Republican pundits and politicians are motives more serious and sinister than exasperation at another gaffe by Michael Steele.
The War Party is conducting this pre-emptive strike on Steele to send a message to dissenters. In Krauthammer's phrase, it is now a "capital offense" for a Republican leader not to support the Obama troop surge and the Obama-Petraeus policy.
Submitted by Tyler Durden on 07/06/2010 | ZeroHedge.com
Last week, Goldman, in a piece unambiguously titled The Second Half Slowdown has Begun, made it all too clear that unless the US government were to succumb to yet another, and another, and another round of drunken sailor spending, the gratuitous ability of its sellside analyst to place crap companies on Conviction Buy lists may suddenly become mysteriously impaired as reality seeps through the gaps, thereby infuriating CEOs of worthless and overlevered widget makers, who know all too well their corporate earnings are about to be taxed through the nose by the Obama crack economic team, as their stock is about to plunge. Today, just in case the threat may have been missed by the cheap seats the first time around, here comes Jan Hatzius with the ominously titled "Disturbing Signs" which reads like Paul Krugman's induction essay into the Useless Economists' Society.
1. Friday’s jobs numbers were disturbing. At best, they show an economy that is growing only quickly enough to keep the unemployment rate flat near 10%. At worst, they suggest that the labor market is once again turning down. Both the manufacturing workweek (the only part of the employment report included in the index of leading indicators) and the employment/population ratio (the broadest job market measure in the household survey) dropped significantly in June. Given the noise in these series and—in the case of the workweek—the potential for substantial revisions, both fortunately fall short of a clear-cut signal that another labor market downturn has begun. But we will need to see at least a partial reversal of these declines next month.
2. This comes at a time when the end of the inventory cycle has triggered the inevitable slowdown in the manufacturing sector. With inventory investment now again close to a normal rate, GDP growth is likely to converge to final demand growth, which has averaged only 1½% since mid-2009 and is unlikely to accelerate given the various headwinds facing the economy. The resulting slowdown in GDP growth is likely to be concentrated in the goods-producing sector, which previously received the largest boost from the inventory cycle. Hence, further declines in the ISM index following last Thursday’s drop to 56.2 are likely; our GDP forecast implies a decline to around 50 by early 2011.
Most people identify themselves online by juggling a long list user names and passwords. Most industry experts agree that this approach is hopelessly broken.
A few technologies have been invented to address the problem of online account overload, for example, the open standard OpenID, which lets people use a single credential to log in to multiple sites. Companies are also vying to fill the gap--Facebook, for instance, offers technology that lets people log into other Web sites using their Facebook credentials.
Now the U.S. government is hoping to step in and improve the state of online identity management. In a draft recently posted online, the Department of Homeland Security outlined a possible National Strategy for Trusted Identities in Cyberspace--a document that suggests how the government could facilitate a system for managing identities. The system could be used not only by government sites such as the Internal Revenue Service, but by other websites, including commercial ones.
The draft document does not suggest creating a national ID card or government-mandated Internet identity system. Instead it proposes a way to combine existing online identity technologies to create a simpler, more privacy-conscious identity system, without the government taking control of the whole thing.
Why We Must Reduce Military Spending
by Rep. Barney Frank and Rep. Ron Paul | Huffington Post
As members of opposing political parties, we disagree on a number of important issues. But we must not allow honest disagreement over some issues interfere with our ability to work together when we do agree.
By far the single most important of these is our current initiative to include substantial reductions in the projected level of American military spending as part of future deficit reduction efforts. For decades, the subject of military expenditures has been glaringly absent from public debate. Yet the Pentagon budget for 2010 is $693 billion -- more than all other discretionary spending programs combined. Even subtracting the cost of the wars in Iraq and Afghanistan, military spending still amounts to over 42% of total spending.
It is irrefutably clear to us that if we do not make substantial cuts in the projected levels of Pentagon spending, we will do substantial damage to our economy and dramatically reduce our quality of life.
We are not talking about cutting the money needed to supply American troops in the field. Once we send our men and women into battle, even in cases where we may have opposed going to war, we have an obligation to make sure that our servicemembers have everything they need. And we are not talking about cutting essential funds for combating terrorism; we must do everything possible to prevent any recurrence of the mass murder of Americans that took place on September 11, 2001.
Immediately after World War II, with much of the world devastated and the Soviet Union becoming increasingly aggressive, America took on the responsibility of protecting virtually every country that asked for it. Sixty-five years later, we continue to play that role long after there is any justification for it, and currently American military spending makes up approximately 44% of all such expenditures worldwide. The nations of Western Europe now collectively have greater resources at their command than we do, yet they continue to depend overwhelmingly on American taxpayers to provide for their defense. According to a recent article in the New York Times, "Europeans have boasted about their social model, with its generous vacations and early retirements, its national health care systems and extensive welfare benefits, contrasting it with the comparative harshness of American capitalism. Europeans have benefited from low military spending, protected by NATO and the American nuclear umbrella."
An act of patriotism is earning a homeless man in El Paso a great deal of praise. He rescued a fallen American flag during a severe storm.
Karl Denninger shows you a real time Globex market manipulation attack that happens EVERY night.
This one was recorded on the July 5 2010 Globex market.
The criminals use fast and sophistocated computer orders to place outrageously large "bids" to move the price, then pull the bids microseconds before they can execute.
In the real time video example, you can see that bids in excess of 2000 (compared to most bids of 10's or 100's) are placed and removed repeatedly. The normal bid numbers are dwarfed by these mega mover bids and the price changes accordingly.
Look at the total executions to the left of the scale to show proof that the large bids were never allowed to be completed.
You already might have heard that it costs the United States $1 million for each solider per year in Afghanistan, to cover the cost of the soldiers' benefits, troop transports and other material. What you might not have heard is that your hard earned taxpayer dollars are also being used to buy well-connected Afghans posh villas in Dubai.
PHOENIX – The U.S. Justice Department is filing a lawsuit challenging the constitutionality of Arizona's new law targeting illegal immigrants, setting the stage for a clash between the federal government and state over the nation's toughest immigration crackdown.
The planned lawsuit was confirmed to The Associated Press by a Justice Department official with knowledge of the plans. The official didn't want to be identified before a public announcement planned for later Tuesday.
Challenger to Tom Cole, a 19yr Veteran— who has been activated for the Afghanistan Surge – RJ Harris, has issued the following response to Cole’s call for Steele’s resignation and Cole’s support for Obama’s Afghanistan Strategy.
“We should not be surprised when Tom Cole, one of the Democrat's staunchest allies in the Congress, comes to Obama's aid as the President's inability to perform as Commander-in-Chief is called into question by GOP Chair Michael Steele. Clearly, the Chairman's comments have been taken out of context by the Left and its liberal/progressive allies in the GOP, to deflect from their collective lack of foreign policy leadership over the last decade. Putting conventional forces directly in harm’s way and making them easy targets for terrorists, who can now walk-to-work rather than expose themselves, has NOT made the Republic safer and has in-fact stretched the military, and the Republic's, limited resources past the breaking point. In all things, elected officials need to be good stewards of the people's resources; Chairman Steele was right to point out that what is going on in Afghanistan today is a giant example of Obama's waste of our blood and treasure due to political inexperience and lack of effective leadership. Of course, having voted for bailouts, stimulus and funding for Planned Parenthood, Tom Cole would know a thing or ‘three’ about government waste.”
RJ Harris has written extensively on constitutional foreign policy, the War on Terror, and the Battle in Afghanistan. Harris’s blog “What Would General George Washington do in Afghanistan; Lose the Battle, Win the War?” more fully addresses this issue and was published well before this current grandstanding attempt by Tom Cole.
Read it here: http://www.rjharris2010.com/whatwouldwashingtondo.asp.
Ron Paul's statement:
LAKE JACKSON, Texas - Congressman Ron Paul today issued the following statement on Michael Steele’s recent comments that Afghanistan is a war of President Obama’s choosing:
“I would like to congratulate Michael Steele for his leadership on one of the most important issues of today. He is absolutely right: Afghanistan is now Obama’s war. During the 2008 campaign, Obama was out in front in insisting that more troops be sent to Afghanistan. Obama called for expanding the war even as he pretended to be a peace candidate.
“Michael Steele should not resign. Smart policies make smart politics. He is guiding the party in the right direction and we are on the verge of victory this fall. Chairman Steele should not back off. He is giving the country, especially young people, hope as he speaks truth about this war.
“I have to ask myself, what is the agenda of the harsh critics demanding this resignation? Why do they support Nancy Pelosi and Barack Obama’s war?
“The American people are sick and tired spending hundreds of billions of dollars a year, draining our economy and straining our military. Michael Steele has it right and Republicans should stick by him.”
Liberty PAC is Congressman Paul’s leadership Political Action Committee. Its mission is to identify and support candidates that believe in Liberty, limited government, fiscal responsibility and a common sense, pro-America foreign policy.
Ron Paul discusses the latest in the efforts to get a full and complete audit of the Fed as well as the future of Fed transparency. Like Congressman Paul says, we’ve accomplished a lot of good with our movement, and there’s many reasons to be optimistic for the future.