Saturday, July 14, 2012

USDA buckles, removes Spanish food stamp soap operas from website

Daily Caller - Following The Daily Caller’s expose of the United States Department of Agriculture’s food stamp outreach to Spanish-speakers via radio novelas, or Spanish language soap operas, the agency removed the series from their website.

Each of the 10 novelas promoting the Supplemental Nutrition Assistance Program, or food stamps, had been available as a resource for state and local outreach partners as late as Thursday.

The page, formerly containing the audio and Spanish language scripts was “modified” Friday, eliminating the novelas.

The series had been promoted as a resource to increase SNAP participation. They were produced and written in 2008.

In a statement to The Daily Caller Friday, Kevin Concannon, USDA Under Secretary for Food, Nutrition and Consumer Services explained the reasoning for their removal.

“The American people support helping those in need, but they want to know their tax dollars are being spent wisely. Many of the PSAs and ads on the agency’s website were posted nearly 4 years ago and some of the content in these advertisements does not meet the standards of what I consider to be appropriate outreach,” Concannon said.

“To that end, I have instructed the agency to remove these materials from our website and to cease future production of advertisements. These funds could be better invested in improving our oversight of this critically-important program and that is exactly what I intend to do moving forward,” he added. (READ THE ORIGINAL STORY: USDA uses Spanish soap operas to push food stamp participation)

The USDA’s scrub of the novelas from their website came on the heels of a Daily Caller series highlighting USDA’s stated mission and campaign to get more people on food stamps.

Thursday, Alabama Republican Sen. Jeff Sessions, ranking member of the Senate Budget Committee, slammed the USDA for its aggressive outreach tactics.

“Today we learn that the USDA, in an effort to increase the enrollment of immigrants, including non-citizens, has produced Spanish-language radio soap operas,” the Alabama senator said in a statement. “In one of these, an individual tries to convince a friend to enroll in food stamps even though that friend declares: ‘I don’t need anyone’s help. My husband earns enough to take care of us.’ The first individual replies back: ‘When are you going to learn?’ Is this message we wish to send new arrivals into our country—depend on the government even if you don’t need to—particularly at a time when we have to borrow forty cents of every dollar we spend?”

Sessions also reiterated his contention that America needs to have another debate about welfare reform and reassess the way such programs actually serve their intended beneficiaries.

“USDA’s effort to scrub these records from their site betrays that they realize their recruitment tactics would not be accepted by the public,” Session’s communications director Stephen Miller added in a statement to TheDC.

UPDATE: In a statement emailed to TheDC after this article’s publication, Sessions said that agency’s announcement “represents an admission of a broken culture at USDA” and the tip of the iceberg in terms of necessary reforms. The senator further promised that he would be following up with USDA about its tactics.

“It is time for a top-down review of USDA to examine how the food stamp program is administered. The overriding goal that demands constant and intense focus is to move people from temporary assistance to permanent employment. We must review the tactics USDA has employed that have resulted in a unprecedented quadrupling of the food stamp budget and an apparent lack of respect for the individuals they are seeking to enroll,” Sessions said.

“I have concluded these ads are only the symptom of a wider culture in USDA,” he added, “apparent throughout their enrollment literature, which seeks maximum registration as the ultimate goal, regardless of need… The USDA will have many pressing questions to answer in the coming days. Reform is long overdue.”

See the USDA website until Friday, saved in Google’s cache:




See the modified website:

Tiny 2-Foot Missile Could Be ‘Months’ Away From Drone War

Danger Room:



The drone war could be shrinking faster than anyone expected. Raytheon’s teeny, tiny drone missile might be ready to arm a small drone within months, the defense giant says.

Since 2009, Raytheon has been experimenting with what it understatedly calls a Small Tactical Munition. It’s a laser-guided missile less than two feet long and barely a 10th the weight of the Hellfire missiles that the iconic Predators and Reapers pack. And the wait for it may be almost over: “We’re just tweaking the software and running some environmental tests,” a business manager for Raytheon’s missile division told AIN Online.

That would open new worlds of possibility for the U.S. drone arsenal. There are a lot more small drones than there are Preds and Reapers. The small-fry robots are used as flying spies, since they’re too lightweight to arm — until now. The Small Tactical Munition is supposed to arm the Shadow, a drone that’s only 12 feet long. The U.S. fleet of killer drones would significantly increase. Alternatively, the existing, large killer drone fleet could carry far more weapons than they currently do.


There are two ways to look at that development. The straightforward way is to consider it a kind of deadly Moore’s Law. That’s certainly commensurate with the miniaturization of killer drones, like the kamikaze mash-up of missile and robot called the Switchblade.

A less intuitive interpretation, not mutually exclusive with the other one, is that a smaller drone war might not be a deadlier one. A smaller munition, with a smaller warhead, kills fewer people than a larger munition. That’s certainly how Raytheon sees it: “This is relevant to the strict rules of engagement,” said J.R. Smith from its missile shop.

That’s probably cold comfort if the armed robot fleet expands from hundreds to thousands before a single new ‘bot is purchased. But not all drones are equal: The Shadow has a loiter time of about four hours aloft before it runs out of gas; a Predator can hover for the better part of a day. But having an armed Shadow to launch would be a big asset to a commando team in, say, East Africa. Smaller also means cheaper, and easier to deploy.

Obama campaign worker collapses at Chicago campaign HQ and later dies

EDITOR’S NOTE: Due to the tone and content of many of the comments associated with this story, commenting has been turned off. The Sun-Times encourages readers to make their voices heard, but commenting must maintain a respectful and constructive tone.

A 29-year-old staffer at President Barack Obama’s downtown Chicago campaign headquarters collapsed there Friday and later died.

Alex Okrent worked with Obama’s political team since 2004. The president called Okrent’s family to offer his condolences. Obama later consoled campaign staffers in a conference call Friday afternoon.

Okrent worked in Obama for America’s paid media department, which handles advertising for Obama’s re-election bid. He was a staffer for Obama’s 2008 presidential campaign and worked on his 2004 race for an Illinois Senate seat. He also worked in a variety of other campaigns.

After he collapsed, Chicago paramedics were called at 10:36 a.m. to the Obama headquarters in the Prudential Building where he was given emergency treatment. He was then taken to Northwestern Memorial Hospital where he was pronounced dead.

Okrent, who lived in north suburban Evanston, was a graduate of Wesleyan University in Connecticut.

Obama said on his campaign Twitter account, “A beloved member of our campaign family, Alex Okrent, passed away today. Our prayers are with his loved ones. We will miss you, Alex. -bo”

Obama’s November opponent, Mitt Romney, offered his condolences, saying via Twitter: “Ann & I were deeply saddened to learn of the death of Alex Okrent. Prayers are with Alex’s loved ones and the entire Obama campaign team.”

Lynn Sweet

More than 20 People Faint During Obama Speech

The pool report on President Obama's trip to Roanoke, Virginia says that more than 20 people fainted during the president's speech this evening.

"TV viewers may have heard POTUS pointed out a couple of faintings during the rally in downtown Roanoke," writes the pool report. "In fact, fire officials say more than 20 people fell out during the course of the speech. There were waves of exclamation as one person after another swooned."

Paramedics treated 21 people on the scene and took one to the hospital, according to the Roanoke fire department.

It was warm out and the crowd of 3,000-plus was packed tightly into the 4-block area, the deputy fire marshal said by way of explanation. Volunteers passed around cups of water but some people didn't take them, he said.

Guns of Bonnie and Clyde be auctioned

FILE - This this undated file photo shows outlaws and lovers Bonnie Parker, left, and Clyde Barrow. Guns and other items connected to the couple are going on auction by RR Auction of Amherst, N.H. An auction official estimated Thursday, July 12, 2012, that the handguns found on the duo after they were shot dead each could fetch between $100,000 and $200,000. (AP Photo/File) Photo: Associated Press / SF

On the morning of May 23, 1934, Clyde Barrow - a small-time criminal who had worked his way up to celebrity bank robber and spree killer - stopped his stolen Ford V-8 on a rural road near Gibsland, La. Inside were an arsenal of weapons, several thousand rounds of ammunition and, of course, the love of his life, Bonnie Parker.

It was 9:15 a.m., and Barrow was carrying his Elgin pocket watch. That was when his time finally ran out. A posse of six fired off 130 rounds, led by Frank Hamer, who had more than 50 kills notched on his belt and was seen as the personification of the macho Texas law enforcement code: "One riot, one ranger."

When the smoke cleared, Barrow was dead - with 17 holes in his body. Reports say that Parker had time to scream before she too died, perforated with 26 holes.

The watch, however, survived (in a manner of speaking) - and can be yours: It's being auctioned Sept. 30 in New Hampshire. Officials hope to get $50,000 to $100,000 for the watch, though the "sky's the limit," said Bobby Livingston, vice president of RR Auction in Amherst, N.H.

Also up for bid is the Colt .38-caliber revolver that Parker had pasted to her inner thigh with medical tape, as well as the .45-caliber pistol that Barrow kept in his waistband. Each weapon could bring between $100,000 and $200,000, said Livingston.

For Livingston, what makes the artifacts valuable is their link to the love-soaked couple who led a gang on a violent rampage of terror. "Their story still resonates. All those Depression-era gangsters perceived by the public fighting against big banks and the corruption of government. That resonates today," he said.

The artifacts come mainly from the estate of a Texas collector, and some items are from the estate of Barrow's sister, Marie.

Where did the $5.8 billion go? Why no indictments, Mr. Obama?


JPMorgan traders may have sought to conceal losses

NEW YORK (AP) — JPMorgan Chase said Friday that its traders may have tried to conceal the losses from a soured bet that has embarrassed the bank and cost it almost $6 billion — far more than its CEO first suggested.....

Friday, July 13, 2012

Democrats’ opposition research on Republican congressional candidates accidentally made public, says watchdog

A conservative watchdog group says they have uncovered private opposition research files compiled by the Democratic Congressional Campaign Committee on dozens of Republican candidates for Congress that accidentally ended up on Google.

The group, Media Trackers, said they found the files — which include research on Florida Rep. Allen West — online because of an “IT glitch on the DCCC’s web server that allowed Google searches for opposition research terms related to Republican candidates to pull the files up.”

The group released 12 of the files they uncovered on its website Thursday.

“This could be the single biggest political intelligence coup of the 2012 battle for Congress,” said Brian Sikma, a spokesman for Media Trackers. “The twelve files we are releasing today are not available on the DCCC website and the intended timing of their release – if at all – by Democrats is not known.”

Other Republicans included in the uncovered files include New York Republican Nan Hayworth and California Rep. Dan Lungren.

Sikma said the information provides “provide a treasure trove of information outlining likely lines of attack that Democratic candidates will use against Republicans.”

“More important than the actual information though is that the DCCC’s server had an IT flaw that exposed sensitive files to Google,” he said. “There is probably no way to know the extent of how many files – opposition research or otherwise – that have been compromised.”

A DCCC spokesman denied on Thursday that the information has been private, providing links to where the same documents are on the organization’s website. “This information is posted on our public website, where voters can learn what their Republican member of Congress has said and done,” DCCC spokesman Jesse Ferguson told The Daily Caller.

Ferguson also provided links to news stories showing how the DCCC has made these documents public before.

But Sikma of Media Trackers still strongly disputed that the information for the 12 candidates whose files they released has always been intentionally linked online from the DCCC website. “This stuff wasn’t up there yesterday,” he told TheDC.

“They have to save face,” Sikma said. “We’ve been sitting on this for over four weeks and it wasn’t out in public.”

*This post has been updated to add response from Ferguson, and additional comments from Sikma.

WND EXCLUSIVE: 'Everything is happening according to this biblical template'

WND EXCLUSIVE
'Everything is happening according to this biblical template'
Author of 'Isaiah 9:10 Judgment' interviewed on American Family Radio



It may be scary and it may be eerie, but events in America today are following a biblical pattern of warnings of a coming judgment, according to the author of “The Harbinger,” which has been No. 1 among Christian books since it was released last winter.


In its film form, the message has been No. 1 among all Christian videos since it debuted as “The Isaiah 9:10 Judgment” in March.


Author Jonathan Cahn, in an interview with American Family Radio, explained that the template was created when God issued a series of warnings to the nation of Israel before it was judged, and eventually allowed to fall into captivity.

The same sequence of events now has developed in the United States, starting with the terror attacks of 9/11, he said in the interview with Ed Vitagliano of the American Family Association production.

The events outlined in Isaiah 9:10 concern a limited strike on the nation of Israel by its enemies. Most commentaries say the strike was allowed by God in order to warn Israel to return to its faith.

Instead, the leaders of Israel vowed to rebuild and restore the nation themselves, and come back stronger than before.

It’s the same sequence of events in America today, Cahn said during the interview, to the point that the template outlined “the actual dates and hours of the crash of the American economy.”

“It can be an eerie or a scary thing, but these same nine harbingers of warning of a nation’s judgment are appearing on American soil,” he said.

“It’s happening, extremely precisely and specifically,” he said. He said what has happened in America is that God’s protection was removed for a time – for the time of 9/11.

Afterward, he said, “It looked for awhile like America was going to return to God … but there was no real revival. In fact, if anything, we’ve gone much farther from God.”

He cited several events that have paralleled in America the events in ancient Israel, including the terror attack. Then there is the response from the people to rebuild with “hewn” stones, which happened amid much ceremony at the 9/11 site in New York when officials recognized the placement of a “hewn” stone.

Likewise, with a sycamore being toppled, and replaced by a cedar, as in ancient Israel, the same circumstances developed in America after 9/11, he said.

“The people of Israel, they go to the quarries, they take these gigantic blocks of stone, bring them back to the ground where the destruction happened,” he said. “In New York, [officials] held a ceremony around the stone.”

The WND Superstore offers an exclusive bundle that includes “The Harbinger” and “The Isaiah 9:10 Judgment” at one low price.

“The Harbinger” has been shocking audiences by revealing the astonishing parallels between the fall of ancient Israel and current events unfolding in the U.S., what he calls “an ancient mystery that holds the secret of America’s future and the collapse of the global economy.”

The book and movie revolve around an until now relatively obscure verse in the Bible – Isaiah 9:10, which reads, in the King James Version: “The bricks are fallen down, but we will build with hewn stones: the sycamores are cut down, but we will change them into cedars.”


“The Isaiah 9:10 Judgment” is also being shown in churches across the country and in some theaters by special arrangement. Plans are now being made to show it on every Christian TV station in America.

The movie adaptation of the story told by Cahn film was produced by Joseph Farah for WND Films.



Cahn says he has found nine harbingers that tie the problems America has experienced beginning Sept. 11, 2001, to parallels that led to the destruction of ancient Israel.

“Before God judges a nation, He sends warning,” explains Cahn. “He sent warning to ancient Israel. He even allowed its enemies to breach its borders in a devastating strike that would traumatize the nation. It was a wake-up call, the call to return to God. But the nation responded with defiance. God then gave nine harbingers of judgment, nine prophetic signs, alarms and foreshadows of what was to come. Now America is the nation in rapid departure from God’s will. And God likewise allowed an enemy to breach its borders in a devastating strike – the terrorist attacks of Sept. 11, 2001. It was, likewise, a wake-up call. But America, like Israel, has not responded with repentance, but with defiance. And now the nine harbingers of judgment have reappeared and have done so on American soil.”

Isaiah 9:10 is a verse in which Israel’s national leaders utter a vow of defiance following an attack by Assyria. It declared that the nation would not repent before God but would defy Him instead. Cahn reveals in “The Harbinger” – and in even more dramatic fashion in the video – that beginning the day after Sept. 11, 2001, American leaders began repeating that 2,500-year-old vow, word for word.

“Having no idea what he was doing, the majority leader of the U.S. Senate (Tom Daschle) was declaring America as under the judgment of God,” Cahn says. “It was the reenactment of an ancient mystery – and bore the most grave of consequences.”

Facebook Monitors Your Chats for Criminal Activity [REPORT]

Facebook and other social platforms are watching users’ chats for criminal activity and notifying police if any suspicious behavior is detected, according to a report.

The screening process begins with scanning software that monitors chats for words or phrases that signal something might be amiss, such as an exchange of personal information or vulgar language.

The software pays more attention to chats between users who don’t already have a well-established connection on the site and whose profile data indicate something may be wrong, such as a wide age gap. The scanning program is also “smart” — it’s taught to keep an eye out for certain phrases found in the previously obtained chat records from criminals including sexual predators.

If the scanning software flags a suspicious chat exchange, it notifies Facebook security employees, who can then determine if police should be notified.

Keeping most of the scanned chats out of the eyes of Facebook employees may help Facebook deflect criticism from privacy advocates, but whether the scanned chats are deleted or stored permanently is yet unknown.

The new details about Facebook’s monitoring system came from an interview which the company’s Chief Security Officer Joe Sullivan gave to Reuters. At least one alleged child predator has been brought to trial directly as a result of Facebook’s chat scanning, according to Reuters’ report.

When asked for a comment, Facebook only repeated the remarks given by Sullivan to Reuters: “We’ve never wanted to set up an environment where we have employees looking at private communications, so it’s really important that we use technology that has a very low false-positive rate.”

Facebook works with law enforcement “where appropriate and to the extent required by law to ensure the safety of the people who use Facebook,” according to a page on its site.

“We may disclose information pursuant to subpoenas, court orders, or other requests (including criminal and civil matters) if we have a good faith belief that the response is required by law. This may include respecting requests from jurisdictions outside of the United States where we have a good faith belief that the response is required by law under the local laws in that jurisdiction, apply to users from that jurisdiction, and are consistent with generally accepted international standards.

“We may also share information when we have a good faith belief it is necessary to prevent fraud or other illegal activity, to prevent imminent bodily harm, or to protect ourselves and you from people violating our Statement of Rights and Responsibilities. This may include sharing information with other companies, lawyers, courts or other government entities.”

Indeed, Facebook has cooperated with police investigations in the past. In April, it complied with a police subpoena from the Boston Police Department by sending printouts of wall posts, photos and login/IP data of a murder suspect.

Is Facebook doing a public service by monitoring chats for criminal behavior? Share your thoughts in the comments.

Former TSA worker sentenced for sexually assaulting girl

Union Leader Correspondent
BRENTWOOD — A Londonderry man who worked for the Transportation Security Administration was sentenced to 20 to 40 years in state prison after pleading guilty to sexually assaulting a young girl.

Dwayne Valerio, 45, pleaded guilty to two counts of aggravated felonious sexual assault on Friday, leaving it up to a judge to hand down a sentence.

Assistant County Attorney Patricia Conway asked for consecutive 10 to 20 year prison terms on the two charges. A judge agreed to her recommendation after a hearing on Friday in Rockingham County Superior Court.

Valerio was arrested March 25, 2011, after an investigation by Londonderry police. The assaults occurred in Londonderry between 2003 and 2008. The girl, now 13, told a girlfriend last year about being sexually assaulted. It was then reported to Londonderry police.

Valerio initially faced five counts of aggravated felonious sexual assault. In exchange for his guilty plea, county prosecutors agreed to drop three of the charges.

Valerio confessed he committed the assaults, prosecutors said. He was arrested the day after he was interviewed by police, and he was indicted by a Rockingham County grand jury in June 2011.

The case appeared to be heading for trial back in January when Valerio told a judge he wanted to withdraw his intention to plead guilty and fire his lawyer. Valerio complained that he was not communicating enough with his public defender.

Valerio was not allowed to dump his lawyer, but he was allowed to change his plans and go to trial. Months later, Valerio reversed course and submitted a new court filing saying he intended to plead guilty instead of going on trial.

A conviction at trial could have meant more prison time for Valerio had he been convicted on all five charges.

Before his arrest, Valerio worked as a Transportation Security Administration officer at Manchester-Boston Regional Airport, but prosecutors say the assault had no connection to his job.

Comprehensive list of Search Engines

The Search Engine List
Comprehensive list of Search Engines

Guenther: Senator Max Baucus - Small Business Assassin

Not content with masterminding Obamacare, which taxes, regulates, and disincentivizes the healthcare industry into nothing more than a capitulatory utility under government control, Democrat Senator Max Baucus used the recently passed transportation bill as the vehicle to exterminate thousands of jobs with the stroke of Barack Obama’s pen.

In addition to the $400 million the senator earmarked for his state’s highway system, the Montana senator mischievously added a separate and unrelated special interest earmark to the transportation bill as a nod to his Big Tobacco benefactors at Altria, a parent company of tobacco giant Philip Morris.

How did he appease Big Tobacco, one of his campaign contributors?

He destroyed Little Tobacco.

As people are wont to do, smokers sought ways to save money by frequenting the growing industry of roll-your-own cigarette stores, which sell papers and loose tobacco, then let patrons roll their own cigarettes by renting rolling machines kept on the premises. Distributing tobacco products in this manner was akin to people brewing their own beer at home in lieu of buying cases of brew from larger manufacturers that they didn’t care for.

The transportation bill rider “closes a loophole” in the tax code by designating these mom and pop shops as cigarette “manufacturers,” subjecting their customers to an additional $25 a carton in costs and taxes and subjecting the stores to expensive and prohibitive regulatory burdens that could force over a thousand of these shops across the country to shut their doors. Thousands of jobs will be lost in the process.

Just as the Obamacare tax/mandate doesn't technically compel individuals to buy health insurance, the new taxes and regulations don't compel roll-your-own cigarette businesses to close their doors. In both cases, it just works out that way. In addition, taxpaying employees that were providing revenue to cash-strapped governments will now drive up deficits as they are added to the unemployment rolls.

The justification?

The revenues raised would theoretically fund rural education programs. In typical Democrat mastery of the Laffer curve, Max Baucus has closed a loophole to collect taxes and fees from businesses that will no longer exist. As has oft been noted, 100% of nothing is nothing.

Thanks to this maneuver, Max Baucus gets to appease his special interest campaign donors, rail against cigarettes, and claim to support education programs.

It’s politically clever. However, it’s economically malevolent.

Though sympathy tends to run low for members of the tobacco industry, the casual destruction of thousands of jobs in the wake of yet another dismal jobs report should scare the rest of the private sector. It would be as if Max Baucus, to appease Big Agriculture and supermarket chains, wiped local organic food suppliers from the world, leaving only these large corporations to sell produce. Crony capitalism continues.
Democrats claim to be for the "little guy," but many of their key policies end up hurting small businesses the most. For larger corporations, the regulatory and lobbying costs of doing business are a smaller percentage of overhead than for a mom and pop shop sliding by on just enough margin to stay in business and keep their workers employed. Small businesses also aren’t large enough or rich enough to afford their own lobbyists to senators like Max Baucus, so they once again suffer the brunt of the political whims of our elected elite.
Aside from the ruse of the rural education program, supporters claim this latest machination is morally justified in the name of fairness and “closing loopholes,” as if sticking another patch on the tax code’s Technicolor Dreamcoat is a moral imperative outweighing the need for working citizens to remain employed. As long as senators like Max Baucus keep legislating more power to the federal government, Americans will continue to suffer under yet more social engineering projects implemented by our political elite through targeted taxation and regulatory scheming.

---

Robert J. Guenther is a political commentator and editor-in-chief of BiasBreakdown. He can be followed on Twitter @biasbreakdown.

Democrats Now Claiming Romney Lied About His Bain Departure, Facts Disagree

Townhall:

With millions out of work, the American growth and jobs pictures dimming, the cost of healthcare skyrocketing, and the national debt spiraling out of control, Democrats are exhibiting some rather strange priorities. On a policy level, they're fixated on raising taxes on nearly one million small businesses (while blocking votes on their own party's proposals) in order to fuel class divisions. On a political level, they're obsessed with baselessly speculating about Mitt Romney's foreign investments (while blithely ignoring their own) and lying about his non-existent role in Bain Capital's supposed "outsourcing" (even amidst revelations that $29 billion in Obama "stimulus" funds were shipped overseas). Their latest conspiracy theory is that Romney stayed on as a member of Bain's active leadership for several years beyond 1999, the year he's often asserted that he left the company to go save the Salt Lake City Olympics. Liberals and the media -- but I repeat myself -- are buzzing about a new Boston Globe story that suggests that Romney hasn't been honest about his personal employment timeline:

Government documents filed by Mitt Romney and Bain Capital say Romney remained chief executive and chairman of the firm three years beyond the date he said he ceded control, even creating five new investment partnerships during that time. Romney has said he left Bain in 1999 to lead the winter Olympics in Salt Lake City, ending his role in the company. But public Securities and Exchange Commission documents filed later by Bain Capital state he remained the firm’s “sole stockholder, chairman of the board, chief executive officer, and president.” Also, a Massachusetts financial disclosure form Romney filed in 2003 states that he still owned 100 percent of Bain Capital in 2002. And Romney’s state financial disclosure forms indicate he earned at least $100,000 as a Bain “executive” in 2001 and 2002, separate from investment earnings. The timing of Romney’s departure from Bain is a key point of contention because he has said his resignation in February 1999 meant he was not responsible for Bain Capital companies that went bankrupt or laid off workers after that date.

The story includes several provocative quotes from a former SEC commissioner, which appears to lend the report an extra air of credibility. The problem? It's all a giant, juicy nothingburger. The Washington Post factchecker summarizes:

It really feels like Groundhog Day again. There appears to be some confusion about how partnerships are structured and managed, or what SEC documents mean. (Just because you are listed as an owner of shares does not mean you have a managerial role.) To accept some of the claims, one would have to believe that Romney, with the advice of his lawyers, lied on government documents and committed a criminal offense. Moreover, you would have to assume he willingly gave up his share to a few years of retirement earnings — potentially worth millions of dollars — so he could say his retirement started in 1999.

WaPo's truth team also notes that the SEC official quoted happens to be a frequent Democratic donor, a fact not disclosed in the Globe report. FactCheck.org joined this fray earlier this month, offering a raft of evidence that further annihilates today's non-bombshell:

The Obama campaign complains that we got a key fact wrong in out June 29 article, "Obama's 'Outsourcer' Overreach." We strongly disagree. We find the Obama campaign’s evidence to be weak or non-existent, and contrary to statements Romney has made on official disclosure forms under pain of federal prosecution. The Obama complaint claims we erred in saying Mitt Romney gave up active management of Bain Capital in early 1999 to run the 2002 Winter Olympics, insisting we were then wrong in saying Romney was not responsible for shipping U.S. jobs overseas. In fact, if the Obama campaign were correct, Romney would be guilty of a federal felony by certifying on federal financial disclosure forms that he left active management of Bain Capital in February 1999.

And after reviewing evidence cited by the Obama campaign, we reaffirm our conclusion that Romney left the helm of Bain Capital when he took a leave of absence in 1999 to run the Salt Lake City Organizing Committee for the 2002 Winter Olympics – as he has said repeatedly — and never returned to active management. The Obama campaign’s recent ads thus mislead when they point to investments made by Bain, as well as management decisions made by companies in which Bain invested, after that time. The Obama campaign’s objections are contained in a six-page letter sent to us (and — without notice to us — to other news organizations as well). It cobbles together selective news snippets and irrelevant securities documents in an attempt to show that Romney was still running Bain Capital on a part-time basis while he was also running the Olympics committee.

Note how the passage was published nearly two weeks ago, yet the Globe pressed ahead with their inaccurate "scoop" anyway. Democrats are piling with zero regard for the truth, natch. FactCheck.org's systematic destruction of Team Obama's argument continues on for many paragraphs, citing multiple contemporaneous reports confirming Mitt Romney's accurate accounting of events. In fact, the Romney campaign is also pointing to the Globe's own reporting, which also contracts today's story:

BOSTON GLOBE IN 2002: “Is it accurate? Romney's investment firm, Bain Capital, bought a majority stake in GS Technologies in 1993. Last year, with Bain still in control, the company filed for bankruptcy and Bain announced it would close the company's Kansas City steel rod plant, which employed 750 people. But Romney was not at Bain when the decision to close the plant was made: He left in 1999 to help organize the Olympics, though he was still signing official SEC documents as the company's president and CEO. Romney has taken responsibility for making the initial investment but has said he could not be blamed for management decisions at the company.”

A book entitled "The Real Romney" -- authored by Boston Globe reporters -- provides more evidence on this point, as does this USA Today story from 2001:

USA TODAY IN 2001: “Romney, 54, announced Monday that he won't return to Bain Capital, the company he co-founded in 1984. The firm specializes in acquiring struggling companies and righting them. It manages about $ 12 billion in assets. Romney, who held 100% of the voting stock, said he transferred it to the 26 managing directors who have run the firm day-to-day since he took over the then-troubled Salt Lake City Games on Feb. 11, 1999. He will continue to hold investments in the firm.” (AUGUST 21, 2001)

In other words, the Romney campaign is being forced to waste enormous amounts of time and energy refuting already-debunked lies about their candidate's record. Meanwhile, the Obama camp keeps peddling this stuff because (a) they have an incentive to muddy the waters, and (b) they need to offer some justification for the expensive (and ongoing) false advertising campaign they're running across the country. On that score, the Romney campaign is playing defense, and the RNC is pivoting to offense, in two new ads:





Effective, or treading water?

- I spoke with a Romney campaign aide, who confirmed that Romney signed off on these financial disclosure forms (under penalty of law) at the time. In other words, Romney didn't try to rewrite his history only recently, now that he's running for president. So, setting aside all the evidence above, liberals would have us believe that (1) Mitt Romney and his team of attorneys intentionally committed a felony in the early 2000s by submitting false information to the federal government, and (2) he did so to cover his ass just in case future political opponents might try to blame him for Bain-related bankruptcies -- some of which had not even occurred yet (!) -- twelve years later. This is ridiculous on its face, of course, but if liberals want to say they believe it, they'd also better acknowledge that Romney is a wizard who can see the future and act accordingly. Sounds like a pretty good quality to have in a president, doesn't it, deranged Lefties?

UPDATE II - Any documentation to back up these allegations, Obama campaign? Nah:

During the conference call this meeting, the Obama campaign was asked if they had proof Romney was involved in the day-to-day Bain dealings when he was leading the Olympics. The campaign didn’t offer any evidence that they had any such proof.

Think about this: Democrats are conjuring new lies to justify previous lies that are currently being repeated ad nauseam in their attack ads. Unreal.

UPDATE III - Aaaaand, we're done:

Mitt Romney did not manage Bain Capital's investments after leaving to run the Salt Lake City Olympic Games, according to confidential firm documents obtained by Fortune...the contemporaneous Bain documents show that Romney was indeed telling the truth about no longer having operational input at Bain -- which, one should note, is different from no longer having legal or financial ties to the firm.

Preparing for the Inevitable


Preparing for the Inevitable

By George Mantor

As I begin this, the power to a couple of million people has been out for 6 days. Despite what will be said, this is not an anomaly but one in a more frequently occurring series of infrastructure breakdowns.

Add to that the undeniable fact that, whether caused by global warming or other possibly worse scenarios, more people’s lives are being negatively affected by both weather and disasters.

Now, keep in mind that the budgets of those organizations intended to respond to these events have been severely reduced because of loss of revenues related to fewer tax payers and substantially lower property values.

Factor in the impact of the pending banking collapse and the inevitable bank runs, and you have the recipe for some serious craziness.

One thing we haven’t had to contend with much in the past is the impact of a computer glitch on our lives. My favorite example occurred right here in San Diego on July 4th.

The long awaited, highly anticipated, state-of-the-art fireworks tribute to American independence is an event so spectacular that people drove hundreds of miles just for the “oohing” and the “aahing”, and the gut punching of dozens of thunderous explosions spread out over forty-five minutes.

Billed as the Big Bay Boom it is a fireworks lover’s heaven. The show itself was produced by the venerable century old firm, Garden City Fireworks, all the way from Millington, New Jersey.

No amateurs flickin’ bics in a trench somewhere. Four separate locations, including three barges brought into the bay itself, would serve as launch pads.

Because of the uniqueness of the site, this would be one of company’s biggest shows of the year and they do hundreds of them from coast to coast.

As darkness set in, people positioned themselves for what was to come.

And, then it began.

Oh, and it was magnificent! No one could recall ever seeing anything bigger or hearing anything louder. One observer described it as looking “as though a flaming planet were roaring right at us.”

It was an apt description. It had that Steppenwolf song “Born to Be Wild” lyric quality to it, “Fire all of our guns at once, explode into space.”

And then…. it was over. Done, fine, the end.

They had indeed fired all of their guns at once and the show was done in 15 seconds, pretty much guaranteeing some kind of Guinness record I would imagine.

Officials referred to the event as “premature ignition.”

But hey, it happens to all of us at one time or another, right?

The Big Bay Boom was just that, one big boom. Only a computer could do that.

But it got me wondering, if the best intentions of the best professionals with a century of experience can see their work undone so easily, what other unintended consequences are lurking in the dark recesses of computer code written by a possibly disgruntled programmer?

It reminds me of something my uncle once said. He and many of his generation viewed the world differently than mine because of World War II. “I don’t care how good they say German and Japanese cars are, I’ll never own one. Someday they’re all going to just stop at the exact same time and we’ll be done for.”

At the time, I thought he might have had a few too many Hamm’s, but now, I think he may have been on to something.

Soon they will be deploying drones, unmanned computer operated aircraft for use inside America. I’m sure nothing could ever go wrong.

Then there is the money problem.

The Euro experiment has derailed and governments are running out of money right here in the USA. The city of Stockton CA has filed for bankruptcy and San Bernardino is about to do the same. Scranton, Pennsylvania reduced all city employees to minimum wage. This will be coming soon to a town near you. Check your local listings for times.

Oh, and those state and municipal pension funds that everyone has been perpetually underfunding. What remains in these funds are the TBTF bankstas worthless loan pools secured by nothing.

Obviously, government at every level is dysfunctional for a host of reasons. As a result, we have to take greater responsibility for our own well-being.

Katrina is still the best argument for self-reliance. Oh, no! Here comes FEMA.

It is starting to remind me of the old Soviet Union where nothing worked the way it was supposed to, and there is good reason for that—both were failed attempts at centralization. Or, Globalization as this effort has been named. Or, New World Order as they used to call it. The end is one economy, one currency, open borders and one small group running it all…for the good of all Mankind. Democracy is out. Plutocracy is in. If you weren’t a big fan of totalitarianism or fascism, you’re really going to hate the New Plutocracy.

What we are witnessing is the byproduct of Centralization; the idea that one big giant entity run by one all-powerful bureaucracy is better than a bunch of much smaller entities run by local organizations.

Recently, I heard an economist say that Globalization was essential and unstoppable. But what the fuck do economists know? Free trade and lax borders have resulted in the expansion of poverty both domestically and internationally.

Sure it’s good for the one percent, and the evidence of that could not be more compelling. Whether you focus here or in Europe or Asia, the evidence of decline is everywhere.

Globalists hate it when you say what I am about to say. Things worked better back in the day. The jobs were local, the Government was local, and the schools were local. The markets weren’t super but they were adequate. Who needs a Guava from Guadalajara, anyway?

Almost any job paid enough to buy a modest house at an affordable payment.

If you needed customer service, you didn’t need to be routed to India.

I’ve heard all of the arguments about why I’m wrong and why we can’t seal ourselves off from the global movement. I’ve thought about it long and hard, and I think that is nonsense.

It defies my common sense and life experience.

Electricity came late to the rural areas surrounding the Mesabi Iron Range. A local coop was formed, the REA we called it, which stood for the Rural Electric Association. Power failures were more common, but they didn’t last very long. A couple of hours and the power was usually back up.

We are but one event away from chaos and I say to you, “be prepared”.

I am a reasonable man. I have been writing columns for more than thirty years and most of the last 7 or 8 years work can be found online. Everyone can see that I’m not some conspiracy theory loon or part of any group that advocates for anything other than constitutional rights.

People who know me seek my advice on a wide range of topics because they trust my judgment.

I’m not advocating that you should carve a bunker out of a mountainside but to be prepared to survive for thirty days if the water is out, the power is out, all means of communication are out and you cannot get out.

No supermarket, no ATM, and no fuel. Communication might be impossible and, at best, difficult. Even if the utility side is operational, the system would be stretched beyond its limits.

Plan a meet up place in advance or even two. Your own logistics will determine the best location for all of the members of your tribe.

I’m not a Doomsdayer, but I cannot see how we can avoid at least some sort of interruption in our daily lives.

Hope for the best and prepare for the worst. We are in uncharted waters here. History will reveal many of the things that we cannot see while events are unfolding. Don’t assume that it could never happen. We live in a world that is but one errant keystroke away from serious calamity.

Being prepared is about answering a few basic questions. How long should I prepare for? What will I need?

Water, food, first aid, fuel, and waste management are the basics

When it comes to provisions, I want to keep thirty days of food and water. If some sort of normalcy isn’t achieved by then, we are probably screwed anyway. Don’t forget your pets. Have extra food and water for them as well.

Experts suggest a gallon per person per day, but you can definitely get by on less. I also keep a few bottles of Gatorade which can be diluted with water for some extra nutrients while you hydrate

Our water comes through the mountains in a pipe. If an earthquake or a landslide were to damage the pipe, the county’s reservoirs would eventually run dry.

Locate a local water source in advance. In Southern California we have the Ocean, and not much else. But, you may be fortunate to live near a water reservoir or storage tank.

Getting access to that water can definitely extend your ability to survive a longer period.

You can survive weeks without food but only days without water.

Many people have set aside dried beans, pasta, and rice as their emergency store. But they require both water and fuel to prepare so I recommend that dried, unprepared foods make up only a small part of your “emergency” stash.

Same with having a freezer full of food.

You can stock up on freeze dried MRI type meals, but they are fairly expensive and you still need to rotate them over time which means eating them and replacing them.

Until you get around to doing that, at least plan ahead with what is at hand.

My choice for a survival stash is very different from my normal diet and is mostly canned food. I have white beans, black beans, pinto beans, kidney beans, lima beans, corn, tomato sauce, jalapenos, canned tuna and salmon, low sodium spam, peaches, pears, apricots, peanut butter, and nuts.

As long as no emergency occurs, you’ll need to rotate your food. Expiration dates don’t mean a whole lot when it comes to canned food. A year or two probably doesn’t matter.

Every now and then when it’s late and I’m tired, I just pull something out and eat it.

Or, donate the food every few months and replace it all at once.

If you rely on prescription medication, you should probably try to keep an extra thirty-day supply. I know this can be hard to do with some insurance plans, but if you forget every now and then to take your medication, squirrel it away for an emergency or see if you can pay retail for an additional thirty-day supply.

Keep your vehicles full of gas, refill propane tanks promptly and consider the ease of an extra canister if you typically barbecue on a gas grill. When one runs out during that fabulous Tri-tip, you’ll have a full one at the ready and swapped out before the grill starts to cool.

The gas grill can be used to heat food.

If you have a fireplace, keep some firewood on hand.

Create an emergency money supply. Banks could be closed for weeks and ATMs may not function without power. If they do have power, they will quickly run out of money.

All paper money is fiat money with no actual value behind it, just the guarantee of a nation that cannot pay its bills. In times of chaos, people who have things you need might be reluctant to take fiat money.

Some coinage has actual value. Having some small denominations of gold and silver is a smart hedge against economic collapse. I’m not suggesting that you convert everything to gold bullion or silver. I have no idea what will happen during a global economic calamity.

The attitude toward precious metals could change. Then there is the issue of practicality. With an ounce of gold approaching $2,000, it would be like asking the corner store to make change for a two thousand dollar bill. Good luck!

The idea of an emergency money supply is to not be without it when you need it most. If the money is unspendable, it is the same as having none.

How much money depends on what you might want to accomplish. Having enough to get a long ways away is my goal, and to be able to use it to buy necessities for at least thirty days when I get there.

And, what if we just limp along, without any major event? You’ve lost nothing, and you are still prepared for anything.


www.4closureFraud.org

Muslim police chief refuses to share toilet with blacks

Shocking, yes. Surprising? no. Abd (Arabic: عبد‎) is an Arabic word meaning slave or black (interchangeable) -- one who is totally subordinated; a slave or a servant. Are black leaders in America who urge their constituents to convert to Islam telling them that blacks are referred to as their abid (slave) and abeed (slaves) in Islam? Are the imams who are converting black convicts by the thousands in the prisons revealing this to their new followers?

Louis Farrakhan has a lot of 'splainin to do.

"Muslim police chief refuses to share toilet with blacks" Independent Online News, South Africa, July 11th 2012 (hat tip Tom)

A Muslim police officer in Johannesburg says his religion does not allow him to share a toilet with black colleagues, according to a report on Wednesday.

Superintendent Munaf Ismail, head of the Zonkizizwe police station on the East Rand, told the New Age newspaper that for religous reasons, he used the toilet for people with disabilities.

“I am a Muslim and they need to consider my religion. I have to sit when I urinate and I cannot use a dirty toilet. People are narrow-minded and I am a committed Muslim.”

BP abandons plan to develop Alaska field

Financial Times:

BP PLC has decided not to proceed with a groundbreaking $1.5-billion (U.S.) offshore oil project in Alaska after concluding it would be too expensive.

A review carried out in the wake of BP’s 2010 Gulf of Mexico oil spill found that the plan for the Liberty field did not meet BP’s new, higher safety standards. Putting it right would have driven up project costs and caused further delays to a development that is already well behind schedule.

“At the moment we don’t feel it’s economically viable,” a spokesman said on Wednesday.

The move shows how the cautious, conservative approach BP has adopted since the explosion and fire at the Deepwater Horizon rig that killed 11 men and triggered the world’s worst offshore oil spill is already having an impact on its production plans.

Discovered in 1997, the Liberty field is about eight kilometres off Alaska’s northern coast in the shallow waters of the Beaufort Sea. It has estimated recoverable reserves of 100 million barrels, and was expected to produce 40,000 barrels a day.

BP originally planned to build an artificial island out at sea to access the oil, but failed to win the necessary regulatory approvals.

Under a new plan it would have sited its drilling rig closer to the shore and made history by drilling the longest “extended reach” wells ever attempted by the oil industry.

Wells drilled laterally from onshore to access offshore reservoirs have long been a feature of the Alaskan oil sector. But BP’s wells, drilled out from a small man-made island near its existing Endicott field, would have been eight miles long and two miles deep - a world record.

In 2010, BP said it had suspended construction of the drilling rig planned for Liberty, one of the world’s largest, due to technical and engineering problems. It then launched a detailed 18-month review of the project’s risks and economics, as well as the rig systems. In the end, it concluded that Liberty did not meet the higher standards for drilling safety and environmental protection BP had adopted in the wake of the Gulf of Mexico disaster.

“We have always said that we will not proceed with the project unless we can do it safely and meet all our standards,” a spokesman said. “In the end, the project as currently designed does not meet our test.”

He said changes would have needed to be made to the hydraulics, mud, heating and utility systems and other aspects of the plan, resulting in “substantial additional costs and schedule delays”.

He said BP was working with regulators to discuss the “potential forward plans” for Liberty.

Editorial: More than one way to kill Obamacare

States, by opting out of expanded Medicaid and selling subsidized insurance, could bankrupt program.

THE ORANGE COUNTY REGISTER

Some of the most onerous obligations of the illogically named Affordable Care Act, aka, Obamacare, may yet be defeated.

When the U.S. Supreme Court upheld Obamacare's constitutionality by curiously deciding its penalty for not buying health insurance is really a tax, justices also said something that made more sense: States may opt out of the law's costly expansion of Medicaid – the government health insurance system for the poor – without losing existing Medicaid funding, as the law threatened.

States can save tens of billions of dollars by not expanding Medicaid coverage (known as Medi-Cal in California) to people who earn as 133 percent of the poverty level, and to childless single men. Although Washington would pay 100 percent of the added costs in the first year, and 90 percent beginning in 2020, state budgets still would face huge additional costs.

Not surprisingly, six states already have opted out. Texas announced this week it will refuse to join the Medicaid expansion and also will not establish a health insurance exchange, another provision of the law. More states may join them. It is likely Republican-governed states will opt out, while Democratic states may not, the libertarian Cato Institute's health policy expert Michael Tanner suggested to us.

Unsurprisingly, Gov. Jerry Brown's administration praises Obamacare, and California in 2010 was the first to create an exchange – a state-run market of sorts for consumers to shop for federally subsidized insurance.

The practical effect is that California's already overly generous Medi-Cal benefits will become more generous, while other states' will be relatively less so. Adding patients to Medicaid, with its notoriously low fees for doctors, may prompt physicians to leave blue states for red states, or more of them to refuse to accept Medicaid patients altogether.

Politically, changes may be more substantive. Mr. Tanner tells us states refusing to expand Medicaid not only will save billions, but they can save millions in operating costs by not creating insurance exchanges.

Obamacare provides for the federal government to set up exchanges, and pay to run them, in states that refuse to. According to Mr. Tanner, a federal government-operated exchange is likely to attract people Obamacare intended to cover with the Medicaid expansion. They will seek coverage through the exchanges because Obamacare requires them to have insurance.

But the federal government's subsidy for exchange-provided insurance is costlier than its subsidy for an expanded Medicaid program. If all 50 states were to opt out of expanding Medicaid, the net increase to the federal government could be as much as $100 billion a year, according to Mr. Tanner.

Even Obamacare's 20-plus new taxes don't cover this. A Republican-controlled House of Representatives, already threatening to defund Obamacare, isn't likely to OK an additional $100 billion.

The best news is that Washington cannot offer subsidies for insurance sold through federally run exchanges, only through state-run exchanges. Those subsidies are what trigger the penalty for employers who don't provide employees insurance. Mr. Tanner says that means states choosing not to run their own exchanges consequently can avoid the employer mandate to insure employees or pay a fine, one of Obamacare's most onerous provisions.

The bottom line is that states opting out of Obamacare's Medicaid expansion and insurance exchanges may effectively bankrupt the program, even if Congress doesn't repeal or defund it.

Debt crisis: Italy's statisticians threaten 'stats black-out'

Italy's official statisticians are threatening to down calculators and stop reporting on its stricken economy – as they themselves fall victim to the recession they are paid to track.

Istat, Italy's statistic office, has warned it will join the austerity protesters and not put out any statistics if it becomes a victim of austerity measures. Photo: AP

Istat, the Italian statistics agency, says its resources are strained to breaking point amid the country's tough austerity drive to repair its public finances.

From January 2013, the agency - the equivalent of the UK's own Office for National Statistics - warned it will stop putting out any official data, if the government goes ahead with planned budget cuts.

"Spending cuts are putting Istat at risk. From January onwards we will not issue any statistics," Enrico Giovannini, head of the agency, told newspaper La Repubblica.

"The demands are increasing, we are producing more, but our human and budgetary resources are falling."

He said Itsat now issues 300 major releases a year, up 25pc from two years ago, as Italians increasingly look for information about their country's economic difficulties. If the agency stopped producing economic data, the main source of information about the Italian economy would be extinguished.

Some of its data releases have already been disrupted or delayed in recent weeks by employee protests over the terms of their work.

In addition, Mr Giovannini warned that if Istat stopped putting out statistics the government faced "heavy fines" from Brussels.

"Around 70pc of our production of statistics is based on commitments with the European Union," he said.

"We will not issue data on inflation, deficit, household income, job data. That will trigger very high EU fines for our country for every day of delay.

"I do not think the government and the parliament will want to get to that point."

Istat's budget has already been slashed by €29m (£23m) over three years as part of Italy's cost-saving efforts. It is set to be cut by a further €3m a year under government proposals made last week, when Prime Minister Mario Monti's technocrat government adopted a further round of austerity measures.

The reductions in spending are mainly to be achieved through a planned 10pc cut in Italy's public administration staff.

While unpopular with voters, markets welcome the austerity measures. The Italian Treasury sold off €11.6bn of one-year government bonds on a yield, or implied interest rate, of just under 2.7pc yesterday. The rate was down from nearer 4pc at a similar auction a month ago, indicating improved investor confidence.

A Second Term Will Be Terminal

AmSpect:

Another four years of Obamanomics and Argentina will be crying for us.

With a second term for Obama, the world-leading America we have known and hoped to leave to our children will be gone. Last Friday's jobs report confirms that Obama is well on his way to transforming America into a third world country, with declining living standards and perpetual economic stagnation.

Argentina enjoyed the world's fourth highest per capita GDP in 1929, on par with America at the time. But then the nation lost its way in embracing a leftist, union allied government, which took control of the economy and imposed wildly irresponsible taxes, spending, deficits, and debt. After World War II, the hugely popular Juan Peron came to power and institutionalized the madness. It has been all downhill for Argentina ever since. Do you recognize the pattern?

Today, Argentina ranks 53rd in the world in per capita GDP, according to the International Monetary Fund, 57th in the CIA World Factbook, at a level less than one third that of America. But its national debt at 51% of GDP is actually less than that of the United States under the Obama administration, where we are rocketing towards 100% of GDP by the end of this year, and 200% in 25 years, according to CBO.

The Worst Economic Recovery Since the Great Depression: Confirmed

Last Friday's jobs report indicated the most commonly cited U3 unemployment rate remains stuck at 8.2%. That makes 41 straight months of unemployment over 8%, which the Joint Economic Committee of Congress confirms is the worst recovery from a recession since the Great Depression almost 75 years ago. The total number of Americans unemployed actually rose over the last 3 months by 76,000, 54 months after the recession started, and 3 years after it was supposedly over. Since the Great Depression, and before this last recession, recessions in America have lasted 10 months on average, with the longest previously lasting 16 months.

Indeed, the last time before Obama that unemployment was even over 8% was December 1983, when Reaganomics was bringing it down from the Keynesian fiasco of the 1970s. It didn't climb back above that level for 25 years, a generation, which is a measure of the spectacular success of Reaganomics. That success was centrally based on reducing tax rates, which our ignorant Marxist President says was tried but didn't work.

Moreover, Obama's June unemployment rate was not much, much higher only because over 7.2 million working people have given up even looking for work as a hopeless waste of time under President Obama, so they are not counted as unemployed in the U3 unemployment rate. Including these workers, who still exist and still do not have jobs, the unemployment rate would be 11%.

Besides the 12.7 million Americans who are counted as unemployed, another 8.2 million were employed part-time for economic reasons. "These individuals were working part-time because their hours had been cut back or because they were unable to find a full-time job," the Bureau of Labor Statistics (BLS) reported. Another 2.5 million workers were marginally attached to the labor force, as they "wanted and were available for work, and had looked for a job sometime in the prior 12 months," but "[t]hey were not counted as unemployed because they had not searched for work in the [prior] 4 weeks."

That leaves the total army of the unemployed and underemployed at 23.4 million Americans. Counting these workers, the BLS reports the U6 unemployment rate as rising to 14.9% in June. If we add in the long-term discouraged workers that the BLS does not even count anymore, the Shadow Government Statistics website reports the total unemployment rate increasing to 22.8% in June.

In contrast, Obama promised us when he first entered office that if his nearly $1 trillion in stimulus spending passed, the unemployment rate would never exceed 8%, and would decline to 5.8% by May of this year, when in reality it was 8.2% and rising that month. The peak of the Obama Presidency came in February 2009, his first month in office, which is the last time he said something correct about the economic recovery, predicting to Matt Lauer on national television, "If I don't have this done in three years, then this is going to be a one-term proposition." We are now well past Obama's own self-imposed deadline.

The unemployment rate for African -Americans actually rose last month to 14.4%, and it has remained at such depression era levels for Obama's entire Presidency. Hispanics have suffered double digit unemployment throughout Bush's Presidency as well, at 11% again last month. For teenagers, the rate last month stood at 23.7%. For black teenagers, unemployment rose last month to 39.3%. For Hispanic teenagers, the unemployment rate rose to 31%.

Friday's labor report further indicated that the jobs picture has only been worsening under Obamanomics. A million more workers were suffering long-term unemployment of 27 weeks or longer in June than at the supposed end of the recession 3 years ago. Moreover, the median length of unemployment had risen to 19.8 weeks in June compared to 17.2 when the recession supposedly ended.

How Stupid Do They Think We Are?

Obama tells us that the 80,000 jobs created last month (25,000 were mere temp jobs) were "a step in the right direction." A very tiny baby step at best, as the working age population grew by 191,000 in the same month. Moreover, 85,000 went on the disability rolls during the month, fleeing the Obama economy for their only alternative, taxpayer dependency. Another 275,000 applied for disability during the month.

Obama's chief economic policy advisor Alan Krueger actually boasted that private sector jobs have grown for "28 straight months for a total of 4.4 million payroll jobs during that period." But at the same point during the Reagan recovery, the economy had created 9.5 million new jobs.

Krueger thinks we are too stupid to know that job growth is the norm and not the exception for the American economy. In the 62 years from the end of World War II in 1945 until 2008, jobs grew in 86% of the months, or 640 out of 744. His statement is just a further example of the Obama administration's practice of Calculated Deception.

Reagan's recovery produced job growth in 81 out of its first 82 months, with 20 million new jobs created in those first 7 years alone, increasing the civilian work force at the time by 20%. That grew into 50 million new jobs over the entire Reagan 25 year boom from 1982 to 2007. Compare that to the disgrace of Obamanomics. While Obama tries to claim 4.4 million new jobs created, total jobs today are still half a million less than in January 2009 when he entered office. Even George Bush oversaw 52 consecutive months of job growth, including 8 million new jobs created after his 2003 capital gains and dividends tax rate cuts became effective (which Obama is dedicated to reversing).

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Moscow Ready for a Confrontation with the West Over Syria

On July 9, speaking to Russian reporters at an air show near London, Vyacheslav Dzirkaln, a deputy director of Russia’s Federal Military-Technical Cooperation Service (FSVTS), which supervises the arms trade, announced that Moscow will not be signing new arms trade contracts with Syria or “sending new weapons, while the situation in the country [Syria] is unstable.” “There is a civil war in Syria,” stated Dzirkaln, “Russia, together with other nations, is concerned with the situation.” Last January, an arms contract with Syria worth reportedly some $550 million was signed to sell 36 Yak-130 trainer jets, which can be used as light attack aircraft, particularly in anti-insurgency warfare. Dzirkaln declared the Yak-130 jets will not be shipped to Syria before “the situation there is stabilized” (RIA Novosti, July 9).

The report was greeted with elation by US diplomats in Washington and Moscow as a solid indication of Moscow’s position on Syria finally “changing” against the regime of President Bashar al-Assad. US ambassador to Russia Michael McFaul – former director for Russia and Eurasia on the US National Security Council, considered the architect of President Barack Obama’s “reset policy” of improved US-Russian relations – was reported by the Russian press as making a Russian language tweet: “Excellent news” (Komsomolskaya Pravda, July 9).

It is obviously important for the Obama administration during the present election season in the US to have proof the “reset” is working and that Russia is ready to be reasonable on important international issues. McFaul’s personal political future in Washington, or lack thereof, may be connected to the public success or failure of the “reset.” An arms embargo imposed on the Assad regime would have been a serious development that the Obama administration (and McFaul) could note as a very timely foreign policy accomplishment.

This week, a delegation of the umbrella opposition group Syrian National Council (SNC), based in Turkey and openly backed by Western and Arab states, came to Moscow. The SNC delegation, led by its new chairman, Abdel Basset Sayda, met with officials, including Russian Foreign Minister Sergei Lavrov. Influential senator Mikhail Margelov – a longtime advocate of moving Russian policy away from the doomed Assad regime – called the SNC “the most serious and inclusive opposition organization.” Margelov told journalists that the SNC’s Moscow visit “was the beginning of a dialogue with a real force that could solve the Syrian conflict” (RIA Novosti, July 10). Sayda in turn asked Lavrov to put pressure on Assad in the UN by agreeing to sanctions if the regime continues to use force, but talks in Moscow did not bring any progress: According to Sayda, “Moscow’s position did not change, though dialogue helped [us] to better understand each other” (RIA Novosti, July 11).

There are differing positions in the ruling Moscow elite on how to proceed with Syria. Margelov has, for some time, been the public face of those who believe it is time to distance Moscow from al-Assad and that further arms deals with Syria are not in Russia’s interest – especially considering that Damascus does not have the money to pay for new weapons as the economy is hit by Western sanctions and civil war. There are hawks in the Foreign and Defense Ministries, as well as the intelligence community, in Moscow with long-time connections to the present Syrian military-intelligence establishment. They argue the Syrian regime may still defeat its enemies and that abandoning an old ally is wrong. President Vladimir Putin has strongly promoted a hard line on Syria, apparently seeing the conflict as part of a global US-led conspiracy intent on forcefully changing the regime in Damascus and, after that, possibly in Moscow by supporting the Russian opposition (see EDM July 5).

This week, speaking to leading Russian diplomats and ambassadors gathered for an annual meeting in Moscow from all over the world, Putin used extremely harsh language, describing Western-led “so-called humanitarian operations” as “the export of rocket and bomb democracy.” According to Putin the West is losing its influence in the world and is desperately disregarding international law to regain control (www.kremlin.ru, July 9). Putin’s words were soon reflected in action. Dzirkaln swiftly clarified his statements by announcing that Russia will continue shipping arms to Syria, and the Yak-130 jets are not being sent at present “because they have not yet been assembled; but the work is being done.” There is “no talk of any arms embargo against Syria,” according to Dzirkaln (Interfax, July 11).

In the UN, Russia has announced it will veto a Western-backed resolution that threatens sanctions if the violence in Syria does not cease. Russia put forward its own resolution that extends the UN observer mission in Syria, but does not mention any sanctions. The Russian resolution has been fully supported by Damascus “as balanced” (RIA Novosti, July 11).

The Russia navy is assembling a task force in the Mediterranean: one frigate, two corvettes, five landing craft with Marines on board, two rescue tugs and one tanker. Three of the landing craft are from the North Sea fleet and two from the Black Sea fleet. The number of Marines on board is estimated from 500 to 1,000. The joint flotilla may be deployed “for maneuvers” near Syria for up to three months and may dock in the Russian supply base in Tartus (Syria), though it will mostly be at sea (Interfax, July 11). According to Dzirkaln, the Russian naval task force in the Mediterranean will be given orders “to defend Russian shipping in the event of a naval blockade” (RIA Novosti, July 11). Of course, most of the ships of the Russian task force sent to Syria are of Cold War vintage and do not have effective air cover, but the deployment means Moscow will not only continue arms shipments to Syria, but also provide an armed escort to such shipments to prevent a possible Western-led naval blockade from imposing an embargo. Moscow is, in effect, deploying a trip-wire force to stop the supposed “export of rocket and bomb democracy.” It seems the Obama administration will be forced to live with that, while continuing to pretend the “reset” is bringing real results.

Crisis in Greece: Anarchists in the Birthplace of Democracy

Despite having consigned most members of Greece’s most violent anarchist groups to prison since 2010, there are new concerns amongst Greek authorities that the June 27 car-bombing of the Athens headquarters of Microsoft could mark a resurgence in anarchist political violence, a resurgence fuelled by the ongoing Greek economic crisis (Capital.gr, June 28, 2012). In a statement carried on anarchist websites, a new group called “Deviant Behaviors for the Expansion of Revolutionary Terrorism International Revolutionary Front” claimed it had carried out the Microsoft attack in support of imprisoned anarchists in Greece (Ekathimerini.com, June 30). Failure to bring many of the anarchist detainees to trial within the specified 18 month pre-trial detention period means that some detainees are now emerging from prison on conditional release. The disappearance of two leading members of the anarchist Revolutionary Struggle organization earlier this month after the Justice Department failed to bring them to trial in the 18-month period was an ominous development with many other prisoners coming up for release.

Modern Greek anarchism and terrorism can be directly correlated to major political events and socio-economic conditions that have fomented extremism. Social tensions that gave rise to the anarchist ideology in the 1970’s have emerged once again. The European sovereign debt crisis has created another perceived threat for anarchist groups, the neo-liberal order.

Greek terrorist groups first appeared after the fall of the military junta dictatorship in 1974. Resentment against the junta and the United States for its perceived backing of the regime led to the emergence of the fanatically nationalistic, Marxist-Leninist, and anti-Western 17 November Revolutionary Organization (Epanastatiki Organosi 17 Noemvri), responsible for the assassination of CIA Chief of Station Richard Welch on December 23, 1975 as well as various foreign diplomats and Greek officials. The organization was named for the date that the junta crushed a student rebellion at the Athens Polytechnic in 1973, resulting in the death of 23 people. To this day, the event is still commemorated by an annual march on the U.S. embassy by many of Greece’s anarchist groups that claim their legitimacy from that uprising.

Since the group was dismantled by Greek security services in 2002, three prevalent anarchist terrorist groups have emerged: Revolutionary Struggle, Conspiracy of Fire Nuclei, and Sect of Revolutionaries. All three groups have been sanctioned by the U.S. State Department and seem to have utilized the European sovereign debt crisis, the dismantling of 17 November, and the death of a 16-year-old protestor to fuel their political violence.

The economic storm in Europe has resulted in Greece’s GDP contracting by 15% since 2008, and a 52.8 percent unemployment rate for young adults between the ages 15-24 (Ekathimerini.com, June 7). Neo-liberal policies and corrupt domestic political parties are regarded by many within Greece as the cause of the current predicament. Anarchist groups have capitalized on the climate of social unrest to renew attacks on financial institutions, businesses, the state and foreign targets (Reuters, May 19, 2010).

It may be no surprise that Greek youths make up the majority of the anarchist terrorist groups in Greece. According to Mary Bossis, a former government advisor on counterterrorism, unpopular austerity measures have resulted in unprecedented anti-state sentiment and social unrest. “There are plenty of very young people who feel they have no prospect for the future and who see in front of them unemployment and a lot of social, political and economic problems. Recruitment over the past few years is being done within universities targeting young people.” (Athens News, November 7, 2010).

Revolutionary Struggle

Revolutionary Struggle (Epanastatikos Agonas) is seen as a direct offshoot of 17 November. The U.S. State Department designated Revolutionary Struggle as a Foreign Terrorist Organization in 2009 for various terrorist acts, including a 2007 RPG attack on the U.S. Embassy in Athens. [1] Its members, similar to 17 November, seem to come from the lower socio-economic status of Greek society; their alleged leader, Nikos Maziotis (one of the two suspects who disappeared after his 18 month pre-trial detention period expired), is an unemployed construction worker. [2] Among many other violent crimes against the state, Maziotis tried to bomb the Ministry of Industry in 1998. When caught, he said, “The only thing I regret is that there was a technical error, the bomb did not explode, they found my fingerprints, and I was arrested” (Ekathimerini.com, July 8). Revolutionary Struggle has shot and wounded a riot police officer guarding the Culture Ministry and has used bombs to target foreign companies such as Royal Dutch Shell in 2008 and Citibank branches and the Athens Stock Exchange in 2009 (Reuters, November 3, 2010). What is of grave concern is the timing of the disappearance of Maziotis and fellow Revolutionary Struggle leader Panagiota Roupa and the fact that they likely still have an extensive and very well organized underground network of supporters. There is a real possibility that the relative calm of the organization in the last two years will cease to exist now that their leaders are again amongst them.

Conspiracy of Fire Nuclei

The Conspiracy of Fire Nuclei (CFN - Synomosía Pyrínon tis Fotiás) transformed in 2006-2007 from gazakides, youth that placed gas bombs under cars, to a “new generation of terrorists” that do not care about the public’s opinion of them. [3] From 2008 they became much more sophisticated, and adopted a nihilistic attitude following the shooting death of a 16-year-old boy by a Greek police officer during demonstrations. [4] The event hardened the young group’s preexisting rejection of the state’s authorities, institutions and symbols.

The U.S. Department of State implemented a terrorist designation and sanctions on the CFN on October 13, 2011. [5] Targets of the group have included banks, government institutions, and foreign leaders. After a 2010 attack on Athens’ main prison, the group noted that the strike was meant to weaken the Greek government as it attempted to implement new austerity measures (Reuters, May 19, 2010). In 2010 two of the group’s members, Alexandros Mitrousias, and Gerasimos Tsakalos, mailed a series of parcel bombs to foreign leaders and embassies within Greece. [6] After their arrest the suspects proclaimed “We are rebels with a cause, we will continue our struggle, and the abuse that the system has given us has motivated us. Do not see us as small children, but as patriotic rebels, we have a war going on, and we will make sure that we will continue to fight” [7]

In February, 2011, the group sent a letter bomb to the office of Justice Minister Haris Kastanidis to show “solidarity” with its imprisoned members (Athens News, February 3, 2011). A new group, the “Zero Tolerance Organization,” emerged in December, 2011 in solidarity with the CFN by carrying out firebomb attacks on the offices of three prominent Greek politicians. The new group argued that Greeks should “do away with the system” because “the economic and political crisis and the occupation of the country by the troika – the ECB, the EU and the IMF – were proof of its failure” (Ekathimerini.com, December 22, 2011). As of late 2011, the group had conducted about 200 attacks using artisan bombs that were always accompanied by nihilistic and anarchist proclamations. [8]

The trial of Greek anarchist Theofilos Mavropoulos and several members of the Conspiracy of Fire Nuclei on charges of “inciting criminal acts” began on June 27. The accused are charged with issuing an October, 2011 statement that included the slogan “Not 1 Millimetre Back; 9mms in Cops’ Heads.” [9] Mavropoulos is facing other charges after being wounded and arrested in a gunfight with Greek police in 2011, an incident which he clothed in revolutionary rhetoric: He and a comrade did not stop at a police control point “because we had made the conscious choice of revolutionary illegality… wanting to get us out of this situation I made the choice, the political choice of armed conflict… The condition of illegality involves a life on the edge of the razor, where the choices get tougher since the risk goes sky high.” [10]

Sect of Revolutionaries

The Sect of Revolutionaries emerged in February 2009 a few weeks after the police shooting of a 16-year-old boy. The group attacked an Athens police station with grenades. While there were no causalities in that incident, in June 2009 the group killed Nektarios Savvas, a counter-terrorism officer. [11] More recently, in July 2010, they assassinated Socrates Giolios, a prominent Greek journalist who had covered the group (Tovima.gr, July 19, 2010). In a statement claiming responsibility for the murder, the group promised to turn Greece into a “war zone,” declaring:

We in the Sect of Revolutionaries believe that only through the complete destruction of the state and the current structures will a new perspective of life be able to dawn. A life of new human relationships, without authority, without borders, without religion, without divisions. A life that money does not govern; neither will property rule. A life away from false idols, compulsions and conventions. [12]

On February 24, 2011, the U.S. Secretary of State designated the Sect of Revolutionaries as a Specially Designated Global Terrorist Organization, citing the group’s “indiscriminate terrorist activities” that “threaten the national security of the United States.” [13]

Conclusion

While these anarchist groups have little popular support, the evidence seems to suggest that there has been a gradual modification of the values of these terrorist organizations from the nationalism and anti-Americanism of 17 November to the anti-establishment and anti-capitalist ideology of Revolutionary Struggle and the Sect of Revolutionaries and the total nihilism of the Conspiracy of Fire Nuclei.

With a shrinking economy, rising unemployment and social tensions, the rise of anarchy in Greece may continue for the long-term. The key question is whether the Microsoft attack signifies the beginning of yet another spike in domestic terrorist activity in Greece. It may be no coincidence that the Microsoft attack in Athens occurred after the recent disappearance of the leaders of Revolutionary Struggle.

George Papadopoulos is currently a research intern at the Hudson Institute Center for Political-Military Analysis.

Notes

1. See www.state.gov/r/pa/prs/ps/2009/05/123590.htm.

2. “Terrorists, ‘Old’ and ‘New,’” Research Institute for European and American Studies, April 18, 2010, www.rieas.gr/research-areas/editorial/1196-terrorists-qoldq-and-qnewq.html.

3. See http://folders.skai.gr/main/theme?id=123&locale=el

4. Mary Bossis,”The Dimensions of the ‘New’ Greek Terrorism: The Spill-over Effect,” Journal of Counter Terrorism & Homeland Security International. 17(3), Fall 2011.

5. See www.state.gov/r/pa/prs/ps/2011/10/175362.htm. 

6. Tassos Symeonides, “Another Spike in Domestic Terrorism?” Research Institute for European and American Studies, July 1, 2012, www.rieas.gr/research-areas/editorial/1798-another-spike-in-domestic-terrorism.html

7. Alpha News Channel, 2010, www.youtube.com/watch.

8. Bossis, op cit.

9. “Letter from CCF and T. Mavropoulos in Solidarity to Anarchit Steki Nadir in Thessaloniki-Greece,” October 11, 2011, actforfreedomnow.wordpress.com/2011/10/11/letter-from-c-c-f-and-t-mavropoulos-in-solidarity-to-anarchit-steki-nadir-in-thessaloniki-greece/. 

10. Letter of anarchist political prisoner Theofilos Mavropoulos who is imprisoned in Koridall, July 18 2011, actforfreedomnow.wordpress.com/2011/07/27/letter-of-anarchist-political-prisoner-theofilos-mavropoulos-who-is-imprisoned-in-koridallos-prisons/ 

11. NET News Channel, 2010, www.youtube.com/watch .

12. Sect of Revolutionaries, Announcement no.4, July 28, 2010, actforfreedomnow.blogspot.com/2010/08/sect-of-revolutionaries-claims.html.

13. See athens.usembassy.gov/pr-2011-7.html.

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Market Savior? Stocks Might Be 50% Lower Without Fed

CNBC:

A report from the Federal Reserve Bank of New York suggests that the bulk of equity returns for more than a decade are due to actions by the US central bank.

Theoretically, the S&P 500 [.SPX Loading... () ] would be more than 50 percent lower—at the 600 level—if the bullish price action preceding Fed announcements was excluded, the study showed.

Posted on the New York Fed’s web site Wednesday, the study sought out to explain why equities receive such a high premium over less risky assets such as bonds.

What they found was that the Federal Reserve has had an outsized impact on equities relative to other asset classes.

For example, the market has a tendency to rise in the 24-hour period before the release of the Fed’s statement on interest rates and the economy, presumably on expectations Chairman Ben Bernanke and his predecessor, Alan Greenspan, would discuss or implement a stimulus measure to lift asset prices.

The FOMC has released eight announcements a year at 2:15 ET since 1994. The study took the gains in the S&P 500 from 2 pm the day before the announcement to 2 pm the day of the statement and subtracted that market move from the S&P 500’s total return over that time span.

Without the gains in anticipation of a positive Fed action, the S&P 500 would stand at just 600 today, rather than above 1300.


“I would conclude that correctly analyzing Fed moves is much more important than stock picking,” said Brian Kelly of Shelter Harbor Capital. “If you want to generate alpha, you should trade the stock market 24 hours before an FOMC meeting. Simply follow the trend for that 24 hours and you will outperform.”

The chart shows the effect to be significantly pronounced in the aftermath of the tech bubble when Greenspan re-inflated stock and housing prices by slashing rates. It widens even further in the period since the financial crisis of 2008 as the market became beholden to the Fed’s use of its balance sheet to add liquidity to the market.

“Blame Greenspan for this S&P 500 effect… it’s his free put,” said Robert Savage, chief executive of research site Track.com and formerly managing director of FX Macro Sales at Goldman Sachs. “Since 1994, the battle of central banks hasn't been to fight inflation, but rather to smooth out the business cycle and credit. The convergence of global rates and inflation left the decisions of the FOMC as the key variable for S&P 500.”

The market is down six days in a row currently on the concern that the Federal Reserve will not embark on its third round of so-called quantitative easing anytime soon. Minutes from the central bank’s last meeting, released Wednesday, reinforced the concern that the economy is muddling along enough to keep the Fed on the sidelines.

To be sure, one cannot look at these Fed actions in a vacuum and conclude the S&P 500 would plummet 50 percent if the Fed were to undue all of its supportive measures of the last two decades. But that doesn’t mean this exercise can’t be instructive.

For example, proponents of index funds will often argue their case by using data that shows a significant drop in S&P 500’s yearly returns if you took out the five best days of that particular year. The point: you need to always be fully invested so you don’t miss one of those days, which account for the majority of the market’s annual return.

The Fed’s next announcement is due August 1st and it would seem by this study, one would want to make sure they are invested in the market by 2pm on July 31st,

“It's a QE world,” said Josh Brown, an investment advisor and popular author of The Reformed Broker blog. “We're all just trading in it.”

Dems back health coverage for feds’ gay spouses

WaPo:

More than 130 House Democrats have filed a legal brief saying employer-sponsored health benefits should be allowed to cover the same-sex spouses of federal employees.

The amicus, or friend of the court, brief was filed in the case of Karen Golinski, a federal court employee in California. She won at the district court level and her wife can now be covered by the Federal Employees Health Benefits Program.

The district court found unconstitutional Section 3 of the Defense of Marriage Act (DOMA), which prohibits federal recognition of same-sex marriages.

Golinski’s lower court victory, however, did not extend coverage to other same-sex spouses and the decision is being appealed by the Bipartisan Legal Advisory Group (BLAG). Despite its name, BLAG, in this case, represents the House Republican leadership.

“The brief makes it clear that the House is not united on DOMA’s validity, that the BLAG lawyers do not speak for the entire institution, and that there is no legitimate federal interest in denying married same-sex couples the legal security, rights and responsibilities that federal law provides to couples who are married under state law,” said a statement from the office of House Democratic Leader Nancy Pelosi (D-Calif.).

Lambda Legal, a legal organization that represents Golinski, said the Democrats’ brief was one of 13 filed on her behalf this week. Most Washington-area Democrats signed on to the brief.

“What these briefs make clear is that DOMA is both discriminatory and burdensome, unjustly stigmatizing one segment of the population while at the same time increasing the cost of doing business,” said Shelbi Day, a Lambda staff attorney. Clearly, it is time to put DOMA out of its — and our — misery.”

The office of House Speaker John Boehner (R-Ohio) did not have immediate reaction to the Democrats’ brief.