Month: January 2012

Latest Congressional Budget Outlook For 2012-2022 Released, Says Real Unemployment Rate Is 10%

"Had that portion of the decline in the labor force participation rate since 2007 that is attributable to neither the aging of the baby boomers nor the downturn in the business cycle on the basis of the experience in previous downturns not occurred, the unemployment rate in the fourth quarter of 2011 would have been about 1.25 percentage points higher than the actual rate of 8.7 percent" translation: CBO just admitted that the BLS numbers are bogus and real unemployment is 10%. Thank you

via Latest Congressional Budget Outlook For 2012-2022 Released, Says Real Unemployment Rate Is 10% | ZeroHedge.

Canada: Islamic parents found guilty in “honor” killing three daughters and first wife

Shafia’s first wife wrote in a diary that her husband beat her and “made life a torture,” while his second wife called her a servant.

The prosecution presented wire taps and cell phone records from the Shafia family in court to support their honor killing theory. The wiretaps, which capture Shafia spewing vitriol about his dead daughters, calling them treacherous and whores and invoking the devil to defecate on their graves, were a focal point of the trial.

Islamic parents found guilty in honor killing OneNewsNow.com.

Court: ‘Tolerance is a two-way street’

“Ward was willing to work with all clients and to respect the school’s affirmation directives in doing so. That is why she asked to refer gay and lesbian clients (and some heterosexual clients) if the conversation required her to affirm their sexual practices. What more could the rule require? Surely, for example, the ban on discrimination against clients based on their religion (1) does not require a Muslim counselor to tell a Jewish client that his religious beliefs are correct if the conversation takes a turn in that direction and (2) does not require an atheist counselor to tell a person of faith that there is a God if the client is wrestling with faith-based issues. Tolerance is a two-way street. Otherwise, the rule mandates orthodoxy, not anti-discrimination.”

via Court: ‘Tolerance is a two-way street’ (OneNewsNow.com).

Sixteen Concerned Scientists: No Need to Panic About Global Warming – WSJ.com

This is not the way science is supposed to work, but we have seen it before—for example, in the frightening period when Trofim Lysenko hijacked biology in the Soviet Union. Soviet biologists who revealed that they believed in genes, which Lysenko maintained were a bourgeois fiction, were fired from their jobs. Many were sent to the gulag and some were condemned to death.

Why is there so much passion about global warming, and why has the issue become so vexing that the American Physical Society, from which Dr. Giaever resigned a few months ago, refused the seemingly reasonable request by many of its members to remove the word “incontrovertible” from its description of a scientific issue? There are several reasons, but a good place to start is the old question “cui bono?” Or the modern update, “Follow the money.”

via Sixteen Concerned Scientists: No Need to Panic About Global Warming – WSJ.com.

Gingrich’s Revisionist History with Reagan

The best examples come from a famous floor statement Gingrich made on March 21, 1986. This was right in the middle of the fight over funding for the Nicaraguan contras; the money had been cut off by Congress in 1985, though Reagan got $100 million for this cause in 1986. Here is Gingrich: “Measured against the scale and momentum of the Soviet empire’s challenge, the Reagan administration has failed, is failing, and without a dramatic change in strategy will continue to fail. . . . President Reagan is clearly failing.” Why? This was due partly to “his administration’s weak policies, which are inadequate and will ultimately fail”; partly to CIA, State, and Defense, which “have no strategies to defeat the empire.” But of course “the burden of this failure frankly must be placed first on President Reagan.” Our efforts against the Communists in the Third World were “pathetically incompetent,” so those anti-Communist members of Congress who questioned the $100 million Reagan sought for the Nicaraguan “contra” rebels “are fundamentally right.” Such was Gingrich’s faith in President Reagan that in 1985, he called Reagan’s meeting with Soviet leader Mikhail Gorbachev “the most dangerous summit for the West since Adolf Hitler met with Neville Chamberlain in 1938 in Munich.”

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Obama’s Buffett will profit from Keystone cancellation

Warren Buffett, whom President Obama likes to cite as a fair-minded billionaire while arguing for higher taxes on the wealthy, stands to benefit from the president’s decision to reject the Keystone XL oil pipeline permit.

Mr. Buffett’s Berkshire Hathaway Inc. owns Burlington Northern Santa Fe LLC, which is among the railroads that would transport oil produced in western Canada if the pipeline isn’t built.

via Buffett would profit from Keystone cancellation – Washington Times.

William Jefferson Gingrich – The New York Sun

Newt and Bill, as 1960s generation self-promoters, share the same duplicity, ostentatious braininess, a propensity for endless scrapes with propriety and the law. They are tireless hustlers. Now Newt is hustling my fellow conservatives in this election. The last time around he successfully hustled conservatives in the House of Representatives and then the conservatives on the House impeachment committee.

He blew the impeachment and in fact his role as Speaker. He backed out in disgrace. He now says Republicans in the House were exhausted with his great projects. Nonsense, I knew many of them, and they were exhausted with his atrocious leadership. He is not a leader. He is a huckster. Today Mitt Romney has 72 Congressional endorsements. Newt has 11. Possibly the 11 have yet to meet him.

via William Jefferson Gingrich – The New York Sun.