Treasury Secretary Timothy Geithner would like to leave the Obama administration this fall if economic conditions are stronger and the debt ceiling debate is resolved in a timely manner, according to a person familiar with his thinking.
Thursday, June 30, 2011
Thousands of cheering Canadians greet the smiling Duchess as Royal newlyweds begin their tour of North America
Beaming broadly, a picture-perfect Duke and Duchess of Cambridge touched down in Ottawa this afternoon to be greeted by thousands of Royal fans as they began their first official Royal tour together. The 10,000 strong crowd, waving Canadian flags and flowers, cheered wildly as they arrived at the National War Memorial in the centre of the city.
Holder OKs Criminal Probe of CIAReuters/AP Attorney General Eric Holder says he's moving forward with criminal investigations into two detainee deaths during Bush-era CIA interrogations.
Victor Davis Hanson:
There is no rational reason why a small republican experiment in 1776 grew to dominate global culture and society — except that America is the only nation, past or present, that put trust in the individual rather than in the state and its elite bureaucracy.
Delaware Sen. Chris Coons told The Huffington Post this week that he's part of a group of lawmakers now examining whether, in the case that debt negotiations fail, the Treasury could ignore Congress and continue paying its bills on time...
Why is President Obama apparently defying federal law by funding ACORN?
Judicial Watch discovered that the Obama administration is flouting the will of Congress by giving federal taxpayer money to ACORN.
Obama's Department of Housing and Urban Development (HUD) gave a $79,819 grant to the largest branch of the ACORN tree, ACORN Housing Corp. (AHC). AHC filed papers last year legally changing its name to Affordable Housing Centers of America (AHCOA). It's the same old organization with a brand new ACORN-free name.
House Republicans aren't quite batting 1,000, but they're close. | John Shinkle/POLITICO Close
House Republicans aren’t quite batting 1.000 on the sweeping promises they made when they grabbed control of the House last year.
But they sure are coming close.
Six months into the Republican majority, a closer look at the GOP’s “Pledge to America” and its election-season promises shows the new majority has lived up to the agenda: The GOP passed a bill to repeal health care reform; it extended the Bush-era tax rates; it has been posting bills three days ahead of votes, as promised; and it has banned earmarks. House Republicans have also cut federal spending — though not nearly as much as promised — and they’ve cut their own congressional budgets. They also voted to end further federal funding for abortion.
Gov. Jerry Brown has signed into law California's tax on Internet sales through affiliate advertising which will immediately cut small-business website revenue 20% to 30%, experts say.
The bill, AB 28X, takes effect immediately. The state Board of Equalization says the tax will raise $200 million a year, but critics claim it will raise nothing because online retailers will end their affiliate programs rather than collect the tax.
Amazon has already emailed its termination of its affiliate advertising program with 25,000 websites. The letter says, in part:
(The bill) specifically imposes the collection of taxes from consumers on sales by online retailers — including but not limited to those referred by California-based marketing affiliates like you — even if those retailers have no physical presence in the state.
Democratic political candidates can skip this weekend's July 4th parades. A new Harvard University study finds that July 4th parades energize only Republicans, turn kids into Republicans, and help to boost the GOP turnout of adults on Election Day.
"Fourth of July celebrations in the United States shape the nation's political landscape by forming beliefs and increasing participation, primarily in favor of the Republican Party," said the report from Harvard.
"The right has been more successful in identifying with American patriotism and its symbols during the 20th century. Survey evidence also confirms that Republicans consider themselves more patriotic than Democrats. According to this interpretation, there is a political congruence between the patriotism promoted on Fourth of July and the values associated with the Republican party. Fourth of July celebrations in Republican dominated counties may thus be more politically biased events that socialize children into Republicans," write Harvard Kennedy School Assistant Professor David Yanagizawa-Drott and Bocconi University Assistant Professor Andreas Madestam.
It all had the feel of a childish tantrum by a person who desperately wishes he were living in a different reality—one in which he is the heroic man of action and his opponents are irresponsible and weak. But the fact is, the president and congressional Democrats have so far utterly failed to offer any path out of our fiscal problems—problems that they have greatly exacerbated. The president proposed a budget in February that would have increased the deficit, and then he retracted it in April and proposed nothing in particular in its place.
Massive inbreeding within the Muslim culture during the last 1.400 years may have done catastrophic damage to their gene pool. The consequences of intermarriage between first cousins often have serious impact on the offspring's intelligence, sanity, health and on their surroundings
The Muslim culture still practices inbreeding and has been doing so for longer than any Egyptian dynasty. This practice also predates the world's oldest monarchy (the Danish) by 300 years.
A rough estimate shows that close to half of all Muslims in the world are inbred: In Pakistan, 70 percent of all marriages are between first cousins (so-called "consanguinity") and in Turkey the amount is between 25-30 percent (Jyllands-Posten, 27/2 2009 More stillbirths among immigrants"
Statistical research on Arabic countries shows that up to 34 percent of all marriages in Algiers are consanguine (blood related), 46 percent in Bahrain, 33 percent in Egypt, 80 percent in Nubia (southern area in Egypt), 60 percent in Iraq, 64 percent in Jordan, 64 percent in Kuwait, 42 percent in Lebanon, 48 percent in Libya, 47 percent in Mauritania, 54 percent in Qatar, 67 percent in Saudi Arabia, 63 percent in Sudan, 40 percent in Syria, 39 percent in Tunisia, 54 percent in the United Arabic Emirates and 45 percent in Yemen (Reproductive Health Journal, 2009 Consanguinity and reproductive health among Arabs.).
- Back in 2001, “speed-racer” Alex Roy set the fastest record for circling Manhattan in 27 minutes, allegedly reaching speeds of 144 mph. Apparently he never released the tape due to legal reasons.
Roy’s record however, has now been beat and by about one entire minute. The new record holder clocked in at 26:03.
For these fox cubs, the chance to enjoy a bounce on a trampoline in a back garden of a home in Colorado was clearly too much to deter their natural caution. Perhaps the cubs had seen a child bouncing in the garden and thought they would have a try. But the footage on YouTube shows they hadn't quite got the hang of it.
It’s been another bad week for the climate campaign. Walter Russell Mead offers yet another installment of his periodic beat downs of
human car alarm former Vice President Al Gore. (Here’s the previous one.) I didn’t think anyone could get more snarky about Gore that I do, but Mead easily wins the contest for the most thorough dismantling of the Goreacle.
Despite the view of the UN’s mirthless Wirth mentioned here a couple days ago that people would “start connecting the dots” between climate change and bad things like hurricanes, tornados, and
drought heavy rainfall this year, the “dots” continue to connect in the most inconvenient way for the warmenists:
Item: A new study from Florida State University notes:
During the past 6-years since Hurricane Katrina, global tropical cyclone frequency and energy have decreased dramatically, and are currently at near-historical record lows. According to a new peer-reviewed research paper accepted to be published, only 69 tropical storms were observed globally during 2010, the fewest in almost 40-years of reliable records. Furthermore, when each storm’s intensity and duration were taken into account, the total global tropical cyclone accumulated energy (ACE) was found to have fallen by half to the lowest level since 1977.
The chief economic culprit of President Obama’s Wednesday press conference was undoubtedly “corporate jets.” He mentioned them on at least six occasions, each time offering their owners as an example of a group that should be paying more in taxes.
But the corporate jet tax break to which Obama was referring – called “accelerated depreciation,” and a popular Democratic foil of late – was created by his own stimulus package.
Proponents of the tax break lauded it as a means to spur economic activity by encouraging purchases of large manufactured goods (planes). So the president’s statement today – and his call to repeal that tax break generally – is either a tacit admission that the stimulus included projects that did not, in fact, stimulate the economy, or an attempt to “soak the rich” without regard for the policy’s effects on the economy.
The hearings two weeks ago saw Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) agents testify about their role in Operation Fast and Furious, the multi-agency scheme that allowed gun smugglers to arm Mexican drug cartels with 2,000 or more weapons as federal law enforcement officers watched. Issa’s hearings included evidence of damning emails that showed acting ATF chief Kenneth Melson to be intimately familiar with the program, which has been blamed for the deaths of two U.S. federal agents and more than 150 Mexican police and soldiers.
The ATF’s parent agency, the Department of Justice (DOJ); the Department of Homeland Security (DHS); and the Internal Revenue Service (IRS) were all directly involved in the operation, which could not even have occurred without State Department approval.
But the committee hearing today isn’t about what Obama administration officials in the Department of Justice and Department of Homeland Security knew, or when they knew it, or about bringing those responsible for the dangerous plot to light to face accountability or possible criminal charges.
Instead, the minority hearing by Democratic Rep. Elijah Cummings will be a forum for gun control activists such as Brady Campaign President Paul Helmke. . . . Instead of seeking answers from those Obama administration officials who are culpable for a rogue government program that has left cops, soldiers, and civilians dead, the congressman from Baltimore will use his position in order to provide airtime to those who would place blame at the feet of American citizens.
JOBLESS CLAIMS -- 428,000... 12 WEEKS OVER 400K... DEVELOPING...