Politics | President Barack Obama


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To: tejek who wrote (112997)5/3/2012 9:35:33 AM
From: mindmeld of 133957
 
Not true. Germany is in negative growth. France is growing 0.2%, which is terrible. You must not have looked at the chart I sent you. It shows very clearly that most of the majors and the Eurozone are shrinking.

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From: Road Walker5/3/2012 11:02:17 AM
of 133957
 
Jeez, even the terrorist understand Fox news better than the average Republican. See comments toward the end...
---

Osama bin Laden documents released: trove from Al-Qaida leader’s compound declassified

A selection from more than 6,000 pages documents seized during the May 1, 2011 raid that killed Osama bin Laden were released on Thursday by West Point's Combating Terrorism Center, giving the public a rare glimpse into the Al-Qaida leader's terror plans and largely solitary life.

A total of 17 documents totaling 175 pages--uncovered from bin Laden's Abbottabad compound by U.S. forces.--were released by the CDC. Both the Arabic originals and versions translated and summarized in English were posted on the center's website shortly before 9 a.m. ET.

As was previously reported, some of the documents show that bin Laden ordered the assassinations of President Barack Obama and U.S. Gen. David Petraeus, but did not have the resources to carry out the killings.

"Obama is the head of infidelity and killing him automatically will make [Vice President Joe] Biden take over the presidency," Bin Laden wrote in a message to one of his top lieutenants. "Biden is totally unprepared for that post, which will lead the U.S. into a crisis."

The earliest letter is dated September 2006 and the latest April 2011, the CDC said. The internal communications were authored by several al-Qaida leaders, including bin Laden, Atiyya Abd al-Rahman, Abu Yahya al-Libi and Adam Gadahn, the terror group's American spokesman.

Given that the electronic documents were "saved on thumb drives, memory cards or the hard drive of Bin Laden's computer," the CDC noted, it's unclear whether any of these letters reached their intended destinations.

In one letter, bin Laden vows to avenge the war in Afghanistan, while assuring one of his deputies that America does not have the financial resources to continue it.

"They struck us and we will strike them back," he wrote, according to the CDC's translation. "This year has been the worst year for them in Afghanistan since they invaded it. The number of their dead has never been this high according to their own reports. Their financial crisis continues. Britain has lowered is defense budget and America is reducing the budget of the Pentagon. Anyone who knows the world and knows politics, knows that it is impossible for them to continue with the war."

In another, bin Laden compares two of Al-Qaida's enemies: Arab leaders and America, concluding that the U.S. should remain its most important target:

The Ummah is fighting an internal enemy, which are the leaders of the Arab World. The Ummah is also fighting an external enemy, which is America. Although the former is far more blasphemous, the latter is clearly the unbeliever. At this stage of our war with our enemies, America poses a greater threat to the Ummah than any other enemy. America is the head of the infidels. If God wills it, America's head can be cut off. Once the head has been removed, then it would be easier to cut off America's wings.


A Jan. 2001 letter from Gadahn to an unknown recipient written discusses Al-Qaida's media strategy ahead of the tenth anniversary of the Sept. 11 terror attacks, and where the group might focus its press push.

"From the professional point of view, they are all on one level--except [Fox News] channel which falls into the abyss as you know, and lacks neutrality too," Gadahn wrote. "I used to think that MSNBC channel may be good and neutral a bit, but is has lately fired two of the most famous journalists--Keith Olberman and Octavia Nasser the Lebanese--because they released some statements that were open for argument."

Gadahn continued: "In conclusion, we can say that there is no single channel that we could rely on for our messages. [They] may ignore them, and even the channel that broadcast them, probably it would distort them somehow. Or they may ignore the message and conduct a smearing of the individuals, to the end of the list of what you know about their cunning methods."

He added: "As for Fox News, let her die in her anger."

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To: tejek who wrote (113000)5/3/2012 12:15:13 PM
From: mindmeld of 133957
 
More evidence that the financial system is utterly corrupt and Obama refuse to prosecute the corrupt criminals. Going to shoot the messenger again? Huffington Post is a well know liberal blog.

MF Global Implosion: Congressman Grimm Sends a Message
huffingtonpost.com 

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To: tejek who wrote (113000)5/3/2012 12:25:56 PM
From: mindmeld of 133957
 
More data showing you are wrong on Europe. Do you really believe the US is so decoupled from events in Europe that the recession there won't drag us into it? That's some serious hopium you're smoking.

With EZ manufacturing PMI of 45.9 in April, from 47.7 in March and forecasts of 46.0, the weakest reading since June 2009, the EZ economy continues to tank. PMI’s in Italy (43.8, from 47.9, a 6 month low), Spain (43.5, from 44.5, a near 3 year low) reveal the extent of the downturn and even Germany was sharply lower at 46.2, from 48.4 in March. Only Ireland and Austria posted an expansion. Unemployment continues to increase as well, to 10.9% in March, from 10.8% in February. EZ March producer prices were +0.5% higher MoM. or +3.3% YoY, slightly lower than the +0.6% and +3.4% expected;


ritholtz.com 

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To: John Vosilla who wrote (113006)5/3/2012 12:28:44 PM
From: mindmeld of 133957
 

So when does the stock market begin tanking? Europe in recession yet Germany and UK are back near the all highs of 2000, 2007 and earlier this year?

Look for an indication from the ECB and US Fed that they will stop providing monetary stimulus. The only thing propping up stock markets right now is the flood of money printing, liquidity, and mountains of new debt being created. Alot of those funds sloshing around looking for yield get invested in stocks.

So if the Fed and ECB get serious about normalizing monetary policy, then look out below. Until then, you can invest with the assumption they will continue to print, if you like. I'm not going to assume I'll time it right, so I'm invested with the assumption that the correction will happen faster than I can react.

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To: John Vosilla who wrote (113007)5/3/2012 12:29:59 PM
From: mindmeld of 133957
 
It's no fun and you don't learn anything from talking to people who agree with you. I always like to debate with people who don't agree with me in case they make good points I haven't thought of. That's why I post here.

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To: John Vosilla who wrote (113061)5/3/2012 12:52:04 PM
From: tejek of 133957
 
IMO this country needs to tack left.

Let’s just say it: The Republicans are the problem.

    By Thomas E. Mann and Norman J. Ornstein, Published: April 27

    The Washington Post

    Rep. Allen West, a Florida Republican, was recently captured on video asserting that there are “78 to 81” Democrats in Congress who are members of the Communist Party. Of course, it’s not unusual for some renegade lawmaker from either side of the aisle to say something outrageous. What made West’s comment — right out of the McCarthyite playbook of the 1950s — so striking was the almost complete lack of condemnation from Republican congressional leaders or other major party figures, including the remaining presidential candidates.

    It’s not that the GOP leadership agrees with West; it is that such extreme remarks and views are now taken for granted.


    We have been studying Washington politics and Congress for more than 40 years, and never have we seen them this dysfunctional. In our past writings, we have criticized both parties when we believed it was warranted. Today, however, we have no choice but to acknowledge that the core of the problem lies with the Republican Party.

    The GOP has become an insurgent outlier in American politics. It is ideologically extreme; scornful of compromise; unmoved by conventional understanding of facts, evidence and science; and dismissive of the legitimacy of its political opposition.

    When one party moves this far from the mainstream, it makes it nearly impossible for the political system to deal constructively with the country’s challenges.

    “Both sides do it” or “There is plenty of blame to go around” are the traditional refuges for an American news media intent on proving its lack of bias, while political scientists prefer generality and neutrality when discussing partisan polarization. Many self-styled bipartisan groups, in their search for common ground, propose solutions that move both sides to the center, a strategy that is simply untenable when one side is so far out of reach.

    It is clear that the center of gravity in the Republican Party has shifted sharply to the right. Its once-legendary moderate and center-right legislators in the House and the Senate — think Bob Michel, Mickey Edwards, John Danforth, Chuck Hagel — are virtually extinct.

    The post-McGovern Democratic Party, by contrast, while losing the bulk of its conservative Dixiecrat contingent in the decades after the civil rights revolution, has retained a more diverse base. Since the Clinton presidency, it has hewed to the center-left on issues from welfare reform to fiscal policy. While the Democrats may have moved from their 40-yard line to their 25, the Republicans have gone from their 40 to somewhere behind their goal post.

    What happened? Of course, there were larger forces at work beyond the realignment of the South. They included the mobilization of social conservatives after the 1973Roe v. Wade decision, the anti-tax movement launched in 1978 by California’s Proposition 13, the rise of conservative talk radio after a congressional pay raise in 1989, and the emergence of Fox News and right-wing blogs. But the real move to the bedrock right starts with two names: Newt Gingrich and Grover Norquist.

    washingtonpost.com 

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    To: John Vosilla who wrote (113061)5/3/2012 1:00:35 PM
    From: tejek of 133957
     
    Marco Rubio's Rivera problem

    By Steve Benen
    -
    Thu May 3, 2012 9:13 AM EDT

    Associated Press


    Marco Rubio with his friend David Rivera.

    Rep. David Rivera (R-Fla.) hasn't had it easy lately. The conservative freshman has been investigated by the FBI, IRS, Miami-Dade Police Department's public corruption unit, the Miami-Dade State Attorney's Office, and Florida Department of Law Enforcement over allegations that he abused his former seat in Florida's state House of Representatives for personal financial gain and repeatedly lied on financial disclosure forms.

    Not surprisingly, this has left Rivera's future in politics in doubt. But perhaps the more interesting question is what the congressman's scandals will do to his close, personal friend, Sen. Marco Rubio (R-Fla.), whose career is on a very different trajectory.

    Chris Cillizza noted this week, "You can sum up Florida Sen. Marco Rubio's biggest impediment to being chosen vice president in two words: David Rivera."

    [Fox News' Bret Baier] pushed Rubio on Rivera, noting that not only is the Florida Senator hosting a D.C. fundraiser for his friend on May 16 but that the two men also co-owned a house together, a house that went into foreclosure.

    Rubio sought to cast the foreclosure issue as a simple misunderstanding; "There was a disagreement with the bank about how much the monthly payments were," he told Baier, adding: "And it all got confusing."


    Making the story a little more "confusing" is that Rivera has been accused of misusing campaign donations for personal use, and Rubio has largely admitted to having done the same thing.

    Indeed, the far-right senator was asked this week about using a Republican Party credit card to purchase personal items. Rubio conceded it "looks bad," and acknowledged, "I shouldn't have done it that way."

    It's worth noting that we're not talking about minor purchases -- Rubio billed the state GOP for more than $100,000 during his two-year tenure as Florida's House speaker, including repairs to his family minivan.

    What's more, National Journal added that the controversy hasn't been fully resolved, despite the senator's claims to the contrary, and Rubio has not yet released relevant materials documenting the extent of his role in the controversy.

    Among Florida politicos, these questions are widely known, and at least among Republicans, generally ignored. But it's worth keeping the stories in mind as scuttlebutt continues about Rubio's possible role on the 2012 ticket. In many circles, the senator's background is not well known, and his personal characteristics -- handsome young Latino from a key swing state -- may obscure issues that a professional vetting team will probably consider important.

    If Mitt Romney and his team are hoping for a controversy-free summer, Rubio's baggage may very well prove hard to overlook.

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    To: mindmeld who wrote (113070)5/3/2012 1:08:33 PM
    From: tejek of 133957
     
    If they keep rates low, then we won't crash, but it will be a slow grind with unemployment as far as the eye can see, mounting levels of debt that we'll never pay off, and a stagnant stock market that will lose 75% of its value over the next 20 years, just as Japan's did.

    Once again, you show your lack of understanding of the general economic scenario. We are no where near Japan in a number of important ways.

    First of all, Japan has a youth crisis...........Japan's population is contracting. Secondly, Japan allows few foreigners to emigrate to the country so that means its labor force is contracting. In fact Japan has a much lower unemployment rate compared to the US. Thirdly, the Japanese save more money than nearly any other first world country..........that allows the gov't to have higher debt but it really hurts Japanese consumption. And as Japan's higher production costs reduce the sales of the products produced in Japan to the rest of the world, employment growth has plateaued.

    In other words the Japanese economy is stagnating. That's not the US's problem. Republicans are the US's problem.

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    To: mindmeld who wrote (113076)5/3/2012 1:13:24 PM
    From: tejek of 133957
     
    The question was: "Is Europe in recession?". My answer....not yet. And that's true. The bigger nations........France, Germany, Scandinavia etc are not in recession. Will they go into recession.......possibly but that hasn't happened yet.

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