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News Roundup
Author: BobR    Date: 06/25/2010 12:31:57

Every once in a while rather than focus on a single topic, we like to provide our readers with a news roundup of stories that may or may not be on the front pages. Today's stories involve (surprise) politics, particularly of the "you gotta be kidding" variety...
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42 comments (Latest Comment: 06/25/2010 23:26:50 by trojanrabbit)

Crazy Wrong
Author: clintster    Date: 2010-06-24 12:03:38

This summer, as I spend time with my son and watch the World Cup on TV, I have also gotten a new addiction: Watching the beginning of Glenn Beck's FOX News show to see if he's snapped yet. It's not easy, and I am not sure how I might be able to tell, but with his falling ratings and loss of sponsors, it seems more and more that we might soon have a real-life Howard Beale moment.
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31 comments (Latest Comment: 06/24/2010 23:34:59 by trojanrabbit)

Selling America Short
Author: BobR    Date: 06/23/2010 11:07:36

Trading on the stock market is commonly referred to as legalized gambling. Traders buy and sell stocks, essentially betting that they will rise or fall. If they think it will rise, they buy stocks. If they think it will fall, they buy "futures", or as it is also known: selling short. In this case, they agree to sell the stock at today's price, and agree to "buy" it in the future at whatever price it happens to be. If the price falls, they make a profit. This is the yin and yang of the stock market.

The stock market has grown beyond simply trading in stocks of companies, however. Investment firms have special funds called hedge funds, which are composed primarily of short sales and derivatives. During the housing bubble, many banks actually bought derivatives that paid out if their own investments failed. That generated a lot of outrage.
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90 comments (Latest Comment: 06/24/2010 02:14:15 by Mondobubba)

Ask a Vet
Author: TriSec    Date: 06/22/2010 10:18:30

Good Morning.

Today is our 2,652nd day in Iraq and our 3,180th day in Afghanistan.

We'll start this morning as we always do, with the latest casualty figures from our ongoing wars, courtesy of Antiwar.com:

American Deaths
Since war began (3/19/03): 4407
Since "Mission Accomplished" (5/1/03): 4268
Since Capture of Saddam (12/13/03): 3946
Since Handover (6/29/04): 3548
Since Obama Inauguration (1/20/09): 179

Other Coalition Troops - Iraq: 318
US Military Deaths - Afghanistan: 1,126
Other Military Deaths - Afghanistan: 724
Contractor Employee Deaths - Iraq: 1,457
Journalists - Iraq: 338
Academics Killed - Iraq: 437


We find this morning's cost of war passing through:

$ 1, 008, 559, 900, 000.00


We'll veer away from our usual fronts this morning and take a peek across the border at Pakistan. When Mr. Bush was "President", they were one of the so-called crucial allies in our warron terra. But over the past year and a half, and maybe longer, that relationship has cooled significantly.

In fact, Pakistan is rarely in the news these days. Even though we are killing civilians there just about every week. You all should know what a Predator Drone is. We've got hundreds of them circling around Pakistan, and in the most recent attack, 15 people were killed in Waziristan, but it's unclear at this time if there were any terrorists involved or if it was more civilians.

I suppose you could argue that drones serve a useful purpose; they circle in harms' way, and allow us to send American military presence into a war zone without risking any American lives.

But that's probably not helping matters any. Imagine for a moment you live in a ramshackle hut in the foothills. Your neighbors are a little iffy; maybe they like guns, maybe they don't. But they've never hurt anyone and helped you out when your farm needed some work.

Then one night, their house explodes for no reason, and the shrapnel takes out your cow and also your wife who happened to be out in the field that day.

That's allegedly the primary motivation behind the Times Square bomber. At his arraignment hearing yesterday, he pleaded guilty 'a hundred times over' and pretty much confirmed what we on the left have been saying for years now.


"I want to plead guilty and I'm going to plead guilty a hundred times over because until the hour the U.S. pulls it forces from Iraq and Afghanistan and stops the drone strikes in Somalia and Yemen and in Pakistan and stops the occupation of Muslim lands and stops killing the Muslims and stops reporting the Muslims to its government, we will be attacking U.S., and I plead guilty to that."

"The drone hits in Afghanistan and Iraq, they don't see children, they don't see anybody. They kill women, children, they kill everybody. It's a war, and in war, they kill people. They're killing all Muslims."



But Pakistan is an awful long way from here, right? Why should we worry about how we're killing our enemies, as long as our enemies are being killed?

Aside from the moral and political issues, you should be worried about drones. Because they might be coming to an airspace near you.


 
31 comments (Latest Comment: 06/23/2010 02:35:44 by Will in Chicago)

For the GOP, It's just a way of life.
Author: Raine    Date: 06/21/2010 12:38:27

Last week, many people were outraged at Representative Joe Barton who literally apologized on the floor of the House of Representatives to British Petroleum for a 20 million billion "shakedown" by the President. Oh Republicans were aghast. They immediately distanced themselves from Barton and it was reported that if he didn't apologize for his statement they would threaten to remove him from his ranking committee position.

That would be good, if it weren't just smoke and mirrors. While I am admittedly not a very big fan of Rham Emmanuel, he said something yesterday morning in a This Week interview that brought it all home:
That’s not a political gaffe, those are prepared remarks. That is a philosophy. That is an approach to what they see. They see the aggrieved party here as BP, not the fishermen,” Emanuel told me during my exclusive This Week interview.

Emanuel said Barton and Kentucky Republican Senate candidate Rand Paul, who recently called the President’s criticism of BP “un-American,” are a reflection of the Republican Party’s governing philosophy. “They think that the government’s the problem,” Emanuel said. “And I think what Joe Barton did was remind the American people, in case they forgot, how the Republicans would govern.”

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41 comments (Latest Comment: 06/21/2010 19:34:34 by TriSec)

It's Dads Day!
Author: velveeta jones    Date: 06/20/2010 13:48:49

It's Fathers Day! A holiday concocted by the Greeting Card industry - the same industry that adds its' name to a fluffy TV channel. At least that's what a friends brother told my friends cousin and he told me, so it must be true.

I was wondering if everyone got their DAD something? Here's a few gift ideas for the Dads we love and hate:

For Tony Hayward's son (BP CEO) I recommend a Hummer with a 1/4 tank of gas and no brakes combined with a trip package to the Sahara. Let him drive to relieve the tension that's certainly piled on, and promise to pick him up when he runs out of gas. One day.

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8 comments (Latest Comment: 06/21/2010 00:22:54 by AuntAzalea)

A necessary evil
Author: TriSec    Date: 06/19/2010 11:58:36

Good morning.

I'm about to head down the street to Tom Lyons tire with my ride for our annual shakedown from the Commonwealth of Massachusetts.

Yep...time for my vehicle inspection.

Funny thing, that. You and I pay a mountain of fees just to drive a car. I've got License, Registration, Inspections...and of course I paid a sales tax when I bought it, and often drive on a toll road to get to work.

I haven't heard the teabaggers whining about that level of government intrusion on our god-given right to take to the open road!

But what happens when there isn't any automotive regulation?

http://2.bp.blogspot.com/_Bc77sdkuuEI/R3JEj4We9jI/AAAAAAAAATA/3BcBYsfMtvk/s400/pinto.jpg


The Ford Pinto.



http://www.uniquecarsandparts.com.au/images/years/1959/wrecked_corvair.jpg


The Chevy Corvair.


Libertarians would argue that regulation isn't needed; the market would 'self-adjust' and put the companies making unsafe products out of business.

It's true that the Pinto and the Corvair are no longer manufactured, but I just looked out my front window and counted 3 Fords and a Chevy within eyeshot, so that didn't work. Never mind the cost in lives for the manufacturers to actually stop making the cars.

Of course, it's not just the automotive industry. Has everyone read Upton Sinclair's "The Jungle"? Trust me, you will never look at processed meats the same way again. It should come as no surprise to anyone that those lessons weren't learned either.

I've read and heard more than once that a definition of insanity is the endless repeating of certain actions, hoping for a different outcome for once.

I guess that's the only explanation for this:

http://s.ngeo.com/wpf/media-live/photos/000/213/cache/gulf-oil-spill-killing-wildlife-flying-pelican_21356_600x450.jpg

 
2 comments (Latest Comment: 06/19/2010 18:23:05 by trojanrabbit)

The Long and Slippery Road
Author: BobR    Date: 06/18/2010 11:06:44

The ongoing oil disaster in the Gulf has renewed discussion about our dependence on oil and what to do about it. It's very easy to say we should "stop drilling" and "switch to clean energy". At some point, it will be absolutely necessary, and the sooner we start preparing for it, the better. But what does that entail? What logistics are involved, and what other products are we going to have to modify to get away from oil?
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48 comments (Latest Comment: 06/18/2010 23:26:06 by trojanrabbit)

Constructive or Destructive?
Author: Raine    Date: 06/17/2010 12:38:31

Yesterday I wrote in the comments of the blog the following:
Thom just said he was GLAD to hear the Nat Guard was being deployed. I found that disturbing to hear coming from him as I have known What that they were there right from the start. It was weeks - WEEKS ago that he deployed those 17,000 service members to the gulf. Hell -- I posted a link from the DoD yesterday.

And here lies a big problem, for me. Progressives like Thom, (and others - like Olberman), complain about the lack of reporting from our media, and claim to be the ones who are willing to carry the torch, and yet, in this case, they have done the opposite.

It seems as tho suddenly the President isn't progressive enough for them, and they have chosen to not do the research that the MSM should be doing, the same research they claim they want to do.

I could be wrong here, but I am terribly disappointed by the progressive media at this point. I would have hoped that they would have gotten this information out there.
There is a difference between constructive and destructive criticism. The 2 are not mutually exclusive to one another. There are legitimate concerns to be had with this President, but I have found in the past year and a half, that when I hear something on the radio or TV that sounds just awful, a little research goes a long way. Many times I find that what I heard and reality are two very different things.
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62 comments (Latest Comment: 06/18/2010 02:40:38 by Raine)

Not the Address of a Lifetime
Author: BobR    Date: 06/16/2010 12:30:22

There was a lot of anticipation heading into President Obama's oval office address last night. We wanted facts and figures, we wanted to know what the plan was for BP, for the oil still leaking, for the oil already in the Gulf. Some people wanted tough words, some people wanted details. All in all, though, we were left feeling a bit let down.
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55 comments (Latest Comment: 06/17/2010 02:53:14 by Raine)

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