Tuesday, May 21, 2013
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Stocks are booming,
so beware the bust
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Telegraph [UK], by Jeremy Warner
Original Article
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Posted By: Attercliffe- 5/21/2013 6:55:48 PM
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The return of ´animal spirits’ usually points to better times, but it’s more complicated now. One of the defining characteristics of an asset bubble is that most professional money men know one when they see one, but on the “greater fool theory”--the belief that when making a questionable investment there is always some idiot willing to pay even more--are very reluctant to leave it.[Snip] With equity prices again hitting new, post-credit-crunch highs--the FTSE 100 is nearly back to its turn-of-the-century peak, and the US S&P 500 already is--the old question has arisen anew: are we once again in
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The Justice Department and Fox
News’s Phone Records
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New Yorker, by Ryan Lizza
Original Article
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Posted By: mitzi- 5/21/2013 6:52:48 PM
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The Obama Justice Department has seized the phone records of numbers that are associated with White House staffers and, apparently, with Fox News reporters, according to a document filed in the case of Stephen Jin-Woo Kim, on October 13, 2011. Kim is a former State Department contractor accused of violating the Espionage Act for allegedly leaking classified information to James Rosen, a Fox News reporter. Ronald C. Machen, Jr., the U.S. Attorney for the District of Columbia,
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Oklahoma tornado:
´Tornado Alley´ explained
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Telegraph [UK], by Paul Wright
Original Article
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Posted By: Attercliffe- 5/21/2013 6:46:17 PM
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On May 3 1999, Moore was one of several cities left devastated after 74 tornadoes touched down across Oklahoma and Kansas in just 21 hours. Following a path similar to yesterday´s lethal twister, the storms that struck the city 14 years ago to the month left 46 dead and 800 injured. Due to the high number of mobile homes and less robust housing in this part of the US, more than 8,000 homes were destroyed. It caused almost $1.5 billion in property damage making it the fourth costliest in the world. The National Weather Service also recorded wind speeds
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Investors.com: Obama´s White House
´Reminiscent Of Totalitarian Regimes´
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Breitbart's Big Journalism, by Dr. Susan Berry
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Posted By: PageTurner- 5/21/2013 6:41:46 PM
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An editorial at Investors.com Monday noted that, having succeeded twice at electing a candidate with a radical socialist background, Barack Obama’s political advisors have now moved from a goal of merely controlling the “narrative,” to one of control of the actual “news.” The “seizure of AP phone records and surveillance of Fox employees,” says the editorial, demonstrates the White House’s “real aim.” The editorial observes that Obama’s political advisors have reveled in their ability to work the media. They took an otherwise inferior candidate, who is not representative of most Americans in
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White House IRS timeline shifts again
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Politico, by Jennifer Epstein & Reid J. Epstein
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Posted By: JoniTx- 5/21/2013 5:56:09 PM
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The White House’s explanation of what it knew about the investigation into the IRS’s scrutiny of conservative political groups and how it planned for the eventual release of that information shifted once again Tuesday. Just a day after telling reporters that chief of staff Denis McDonough and other senior White House staff learned of the situation nearly a month ago, press secretary Jay Carney revealed Tuesday that White House officials had consulted with the Treasury Department on how to make the findings public.(Snip) Carney said he hadn’t revealed more information about which officials
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Florida girl, 18, arrested and
expelled after relationship with
15-year-old female classmate
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New York Daily News, by Erik Ortiz
Original Article
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Posted By: LittleHoodedMonk- 5/21/2013 5:44:52 PM
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An 18-year-old Florida student’s senior year has become a nightmare — all because she was in a same-sex relationship with a 15-year-old, her family says. Kaitlyn Hunt was arrested Feb. 16 for having a physical relationship with a younger classmate, who was her girlfriend at the time, mom Kelley Hunt Smith wrote on Facebook. Under Florida law, Hunt could see up to 15 years in prison and must register as a sex offender. A plea deal, however, remains on the table that would give Hunt two years´ house arrest and one year of probation, her family said. “Does my daughter deserve to lose her life for
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IRS ‘Blemish’ Prompts Scorn
From Unappeased Senators
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ABC News, by Jeff Zeleny
Original Article
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Posted By: JoniTx- 5/21/2013 5:40:04 PM
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Douglas Shulman, the former commissioner of the Internal Revenue Service, said today he was “dismayed and saddened” that his agency had improperly targeting conservative groups, but declined to offer a direct apology and dismissed suggestions that he mislead Congress. The testimony from Shulman, who was making his first public appearance since the IRS controversy broke into the open two weeks ago, did not satisfy members of the Senate Finance Committee. He faced more than three hours of stern questioning from Democrats and Republicans, but said “I don’t believe I was aware” when asked
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Spain´s Angry and
Unemployed Young Men
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Real Clear World, by George Friedman
Original Article
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Posted By: Kevin6497- 5/21/2013 5:31:38 PM
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Spain invites endless historical considerations, but on this trip I was struck by something more immediate and prosaic. We were on the road from Granada, near the coast, to Madrid, the capital in the center of the country. It was a four-lane highway, what Americans would call an interstate. The road was clean, well maintained and, as we moved north, nearly empty. Every few kilometers a car would pass in the opposite direction, or we would run alongside another car heading north. It was not the paucity of cars that struck me; it was the almost complete absence of trucks.
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Clear or nuclear:
Will Saudi Arabia get the bomb?
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Al Arabiya [UAE], by Dr. Naser al-Tamimi
Original Article
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Posted By: LittleHoodedMonk- 5/21/2013 5:27:52 PM
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As the impasse over Tehran’s nuclear program worsens, those most likely to be directly affected by an Iranian bomb are showing greater alarm. While the media fixates on Israel and its possible reaction, other regional players have no less at stake. Despite Riyadh’s long-held advocacy of making the Middle East a zone free of weapons of mass destruction, there has been much speculation in the past few years about the possibility of its acquiring, or developing, nuclear weapons should Tehran obtain the bomb. In the words of Saudi King Abdullah: “If Iran developed nuclear weapons (...) everyone in the
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Parties divide over IRS scandal fallout
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Washington Times, by Tom Howell Jr.
Original Article
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Posted By: Desert Fox- 5/21/2013 5:27:19 PM
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Democratic lawmakers on the Senate Finance Committee said Tuesday the IRS, while engaging in “unacceptable” targeting of conservative groups, may have been set up for failure by campaign finance law ambiguities that allowed tax-exempt groups to engage in partisan politics without disclosing their donors. In the Senate’s first hearing on revelations that the tax agency had targeted tea party and other conservative groups for special scrutiny, Democrats focused largely on the foggy environment that led to the scandal, while minority Republican members of the panel excoriated senior IRS officials
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It Only Took Five Minutes for
Democrats to Politicize the
Oklahoma Tornado
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Rushlimbaugh.com, by Rush Limbaugh
Original Article
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Posted By: Desert Fox- 5/21/2013 5:25:45 PM
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RUSH: It took five minutes. Five minutes. It only took five minutes before the Democrat Party politicized the tornado in Oklahoma. They politicize everything, folks. They rub their hands together in glee when there is a natural disaster that they think they can spin in such a way as to advance their political agenda. If any of you doubt that global warming is a political issue and not a science issue, then you must open your mind and consider why in the world, ask yourself, why in the world, five minutes
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Top IRS official will invoke the Fifth
Amendment in congressional hearing
about tea party targeting program
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Daily Mail (U.K.), by David Martosko
Original Article
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Posted By: Desert Fox- 5/21/2013 5:24:20 PM
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The Los Angeles Times reported Tuesday afternoon that Lois Lerner, who heads up the Internal Revenue Service´s tax-exempt division, plans to invoke the Fifth Amendment to the U.S. Constitution in a hearing Wednesday before the House Committee on Oversight and Government Affairs. The Fifth Amendment provides that U.S. citizens may not be compelled to offer testimony if telling the truth would incriminate them. Lerner´s defense lawyer, William W. Taylor III, wrote to the committee on Tuesday that his client would refuse to answer questions related to what she knew about the extra levels of scrutiny appled to
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The Great Unifier Didn´t Need to be Told
About the IRS Targeting Conservatives
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Rushlimbaugh.com, by Rush Limbaugh
Original Article
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Posted By: Desert Fox- 5/21/2013 5:20:38 PM
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RUSH: The IRS commissioner, Steven Miller, has just admitted in a Senate hearing this morning, Senate testimony this morning, guess what he´s admitted? The targeting of conservative groups at the IRS was partisan. He said so this morning. Now, I guess the threat of perjury has a way of squeezing the truth out, because it was only last week that Mr. Miller said there was nothing partisan about this. This morning he admitted that targeting conservative groups is partisan. Of course, everybody knew that. The shock was that he said,
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Justice Department IG
issues report accusing
officials of smearing Fast
and Furious whistleblower
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American Thinker, by Rick Moran
Original Article
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Posted By: JoniTx- 5/21/2013 5:16:50 PM
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For a "failed scandal," Fast and Furious sure brought out the heavy hitters at the Department of Justice to deal with a whistleblower. The department´s inspector general has released a report accusing one US attorney, Dennis Burke, of leaking a document that smeared John Dodson, a key witness in the Fast and Furious scandal, and accusing other officials in the department of coming up with a strategy to discredit him. Breitbart: The DOJ IG said it found "Burke´s conduct in disclosing the Dodson memorandum to be inappropriate for a Department employee and wholly unbefitting a U.S. Attorney."
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Report: Iran hangs two spies
working for Israel and U.S.
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Reuters, by Staff
Original Article
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Posted By: LittleHoodedMonk- 5/21/2013 5:15:17 PM
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Dubai - Iranian authorities executed two men on Sunday convicted of working for Israeli and U.S. spy agencies, Iran’s Fars news agency reported. Mohammad Heidari, accused of passing security-related in formation and secrets to Israeli Mossad agents in exchange for money, and Kourosh Ahmadi, accused of gathering information for the U.S. Central Intelligence Agency, were hanged at dawn, it said. The sentence for their execution was handed down by Tehran’s Revolutionary Court and confirmed by the country’s Supreme Court. The report did not say when the pair were arrested nor when their trial took place.
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Obama Isn´t Just Too Big to
Fail, He´s Too Big to Know
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Rushlimbaugh.com, by Rush Limbaugh
Original Article
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Posted By: Desert Fox- 5/21/2013 5:14:49 PM
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RUSH: We have an update here from Jay Carney, another one, on the IRS scandal. There are now, I figure, eight or nine different versions of what happened. The White House has had four or five shifting versions of why it happened, who did it, who knew about it, who knew about it and didn´t tell the president about it, who knew about it and didn´t tell anybody else about it. Every day it´s a new thing, and here´s the latest from the spokeskid, Jay Carney. At the daily press briefing, a reporter said,
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The Dog Whistler
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Wall Street Journal, by James Taranto
Original Article
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Posted By: Desert Fox- 5/21/2013 5:11:24 PM
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Salon´s Joan Walsh is spoiling for a catfight with our colleagues Kim Strassel and Peggy Noonan. What has Walsh´s back up is their observation that whether or not President Obama directly ordered the Internal Revenue Service and other government agencies to persecute dissenters, he encouraged them to do so with his unpresidential public pronouncements. As Strassel put it in her Wall Street Journal column last Friday: Mr. Obama didn´t need to pick up the phone. All he needed to do was exactly what he did do, in full view, for three years: Publicly suggest that conservative
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Vatican denies Pope Francis
performed ´exorcism´
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BBC News, by Staff
Original Article
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Posted By: LittleHoodedMonk- 5/21/2013 5:04:09 PM
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The Vatican has denied claims that Pope Francis performed an exorcism, after TV images showed a man apparently reacting to him putting his hands on his head. The encounter - during Sunday Mass - was shown on a TV channel owned by the Italian bishops´ conference. The station quoted exorcists as saying there was "no doubt" the Pope had either performed an exorcism or a prayer to free the man from the devil. Its director later apologised for "having altered the truth". The Pope´s spokesman said he "did not intend to perform any exorcism".
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Carney: White House, Treasury
strategized how to tell public
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The Hill [Washington, DC], by Justin Sink
Original Article
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Posted By: JoniTx- 5/21/2013 5:00:33 PM
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Officials in the White House discussed how and when the Internal Revenue Service would tell the public that the agency had targeted political groups, White House press secretary Jay Carney said Tuesday. Carney said that Mark Childress, the White House deputy chief of staff, twice spoke with officials at the Treasury Department about the strategy for revealing conservative targeting. Childress and the Treasury officials discussed the possibility that Lois Lerner, the IRS official who oversaw the agency´s tax-exempt organization, would reveal that an inspector general´s investigation had found
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FBI ID´s Benghazi suspects
- but no arrests yet
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Associated Press, by Kimberly Dozier
Original Article
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Posted By: Scottyboy- 5/21/2013 4:15:03 PM
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The U.S. has identified five men who might be responsible for the attack on the diplomatic mission in Benghazi, Libya, last year, and has enough evidence to justify seizing them by military force as suspected terrorists, officials say. But there isn´t enough proof to try them in a U.S. civilian court as the Obama administration prefers. The men remain at large while the FBI gathers evidence. But the investigation has been slowed by the reduced U.S. intelligence presence in the region since the Sept. 11, 2012, attacks, and by the limited ability to assist by Libya´s post-revolutionary law
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Angry tea partiers rally at IRS
headquarters in Washington with
stern warnings: ´They´re going
to have to produce all the
documents´ on targeting scandal
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Daily Mail (UK), by David Martosko
Original Article
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Posted By: Scottyboy- 5/21/2013 4:03:13 PM
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Conservative activists let it all hang out in a noontime tea party protest outside the Internal Revenue Service headquarters building in Washington, DC on Tuesday. About 70 protesters held signs, chanted slogans, and listened to speakers rail against what they called ´their ´unconstitutional´ treatment at the hands of the federal government´s tax authorities. ´Big government is the problem,´ Tea Party WDC founder Lisa Miller told MailOnline. ´They´re going to have to produce all the documents showing who ordered this persecution of tea party groups, when it happened, and how much President Obama knew about it.´
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Top IRS official will
invoke Fifth Amendment
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Los Angeles Times, by Richard Simon and Joseph Tanfani
Original Article
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Posted By: Scottyboy- 5/21/2013 3:53:35 PM
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WASHINGTON – A top IRS official in the division that reviews nonprofit groups will invoke the Fifth Amendment and refuse to answer questions before a House committee investigating the agency’s improper screening of conservative nonprofit groups. Lois Lerner, the head of the exempt organizations division of the IRS, won’t answer questions about what she knew about the improper screening – or why she didn’t reveal it to Congress, according to a letter from her defense lawyer, William W. Taylor 3rd. Lerner was scheduled to appear before the House Oversight committee Wednesday.
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Carney Compares Questions about
Scandals to Birther Inquiries
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National Review Online, by Andrew Johnson
Original Article
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Posted By: Desert Fox- 5/21/2013 3:37:37 PM
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Jay Carney tried to avoid questions about the series of scandals surrounding the Obama administration by comparing them to questions about the president’s birth certificate. At today’s White House press briefing, CBS’s Major Garrett asked Carney if the White House thought Republican inquiries about recent scandals were “legitimate.” (Reporters mentioned the Benghazi attack, the IRS scandal, the Department of Justice’s investigations of reporters, and the Department Health and Human Service’s efforts to raise funds from private companies to promote Obamacare.)
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First pictures of the missing
tornado children: Parents´ agony
after seven kids drown in
Oklahoma City school flattened
by two-mile twister and rescuers
search for many more
buried under rubble
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Daily Mail (UK), by Lydia Warren, Helen Pow*
Original Article
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Posted By: JoniTx- 5/21/2013 3:35:33 PM
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Devastated families are frantically searching for their young children after an elementary school was flattened by a monster two-mile wide tornado in Moore, Oklahoma on Monday, leaving dozens dead. Initial reports said as many as 91 people could have been killed in the tragedy, but officials confirmed on Tuesday morning there have been 24 deaths, including nine children and four in Oklahoma City. They explained that some had originally been counted twice amid the chaos. Officials, who warned that the death toll could rise, said 237 people were injured in the storm and that searches are continuing
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Time to play the
Benghazi game of Clue
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Washington Times, by Christine Dolan
Original Article
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Posted By: Drive- 5/21/2013 3:16:38 PM
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After almost nine months, during which we have seen a bogus State Department press release, Rose Garden denouncements, a Treaty Room statement, Andrews Air Force base condolences, 25,000 documents, an Accountability Review Board report, a Senate report, depositions, press briefings, Congressional hearings, and Obama administration officials trolling on Sunday talk shows, it’s time to play Benghazi CLUE! America needs to know if Colonel Mustard, Mrs. Peacock, Professor Plum, or any of the other suspects used a dagger, a knife, a rope, or a candlestick in the library, the conservatory, or the billiard room.
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