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1930s medicine pushes Europe
back into double-dip recession
Telegraph [UK], by Ambrose evans-Pritchard    Original Article
Posted By: Attercliffe- 11/16/2012 7:51:19 AM     Post Reply
The eurozone has relapsed into double-dip recession as the austerity shock in the Mediterranean region spreads to the core countries of the north. The Dutch economy shrank by 1.1pc in the third quarter amid a deep housing slump, and even Austria has begun to succumb. Finland’s economy has shrunk by 1pc over the last year. “Recession comes as no surprise and it is going to get worse next year,” said Desmond Supple from Nomura. “Europe has imposed dusted-off policies from the 1930s and they are driving peripheral countries towards depression,” he said. “We are seeing a mix of pro-cyclical

Congress Receives Confusing Benghazi
Briefing From Administration
Daily Beast, by Eli Lake    Original Article
Posted By: FlyRight- 11/16/2012 7:48:06 AM     Post Reply
On Thursday the director of the CIA, the director of National Intelligence, as well as senior military, State Department, and FBI officials were in Congress all day for two separate hearings before the House and Senate intelligence committees. The prescheduled hearings capped off a week of high-level, classified briefings to eight congressional committees on the details of the government’s response to the attack and when key intelligence and assessments about the attack that night came in.

Hostess going out of business;
nearly 18,000 to be laid off
KDFW [DFW TX], by Alice Wolke    Original Article
Posted By: Dreadnought- 11/16/2012 7:46:17 AM     Post Reply
IRVING, Texas - Say goodbye to your Twinkies. North Texas-based Hostess Brands, Inc. has decided to go out of business and liquidate its assets after failing to win back striking workers. The company posted a statement on a website set up specifically for people following the strike. "We deeply regret the necessity of today´s decision, but we do not have the financial resources to weather an extended nationwide strike," said Gregory F. Rayburn, chief executive officer. "Hostess Brands will move promptly to lay off most of its 18,500-member workforce and focus on selling its assets to the highest bidders.

  


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Hostess Brands closing for good
CNN, by James O´Toole    Original Article
Posted By: Pluperfect- 11/16/2012 7:45:29 AM     Post Reply
NEW YORK -- Hostess Brands -- the maker of such iconic baked goods as Twinkies, Devil Dogs and Wonder Bread -- announced Friday that it is asking a federal bankruptcy court for permission to close its operations, blaming a strike by bakers protesting a new contract imposed on them. The closing will result in Hostess´ nearly 18,500 workers losing their jobs as the company shuts 33 bakeries and 565 distribution centers nationwide. The bakers´ union represents around 5,000.

CBO: ObamaCare Offers
Biggest Pot Of Deficit Cuts
Investor´s Business Daily, by John Merline    Original Article
Posted By: RustMB- 11/16/2012 6:38:44 AM     Post Reply
A Congressional Budget Office report on ways to reduce the deficit, released last week to help guide budget negotiators in the upcoming "grand bargain" talks, contains one eye-opening item. It turns out that the single biggest pot of potential deficit savings available to lawmakers is ... ObamaCare. In its list of "options to reduce mandatory spending" and cut the deficit, the CBO says that repealing ObamaCare´s massive insurance subsidies would cut federal spending by $150 billion in 2020 alone.

To protect Obama from Libya
media turns McCain
into Captain Ahab
Breitbart Big Journalism, by John Nolte    Original Article
Posted By: Fiesta del sol- 11/16/2012 6:26:45 AM     Post Reply
Dana Bash, Matt Lauer, Soledad O´Brien, Anderson Cooper, Wolf Blitzer, Politico Chuck Todd, Dave Weigel, The New York Times… This is just a short list of mainstream media members who apparently don´t want the truth to come out about Libya. No doubt, they would argue against that statement, but how else to explain the crusade they´ve all joined over the last 24 hours to trash Senator John McCain as a lying, obsessed Captain Ahab still bitter over his 2008 loss to Barack Obama? Because the media hasn´t done so,

There We Went Again
American Spectator, by Matthew Sheffield & Noel Sheppard    Original Article
Posted By: StormCnter- 11/16/2012 6:12:33 AM     Post Reply
Most observers of the 2008 presidential campaign -- even including some liberals after the fact -- were shocked and appalled by the media´s pro-Barack Obama sycophancy. Unfortunately, the intentional and unintentional advocacy of the media on behalf of Obama was even worse in 2012. There are many reasons why the conservative movement failed to achieve electoral success this year, but perhaps one of the most significant is the enduring power and influence of the left-dominated "mainstream" media. The 2012 cycle demonstrated that left-wing journalists have far more sway on Americans´ opinions than many conservatives have been willing to admit.

  


  

C.I.A. Investigates Petraeus Affair as
Lawmakers Press Libya Attack Inquiry
New York Times, by Eric Schmitt    Original Article
Posted By: Pluperfect- 11/16/2012 6:08:04 AM     Post Reply
WASHINGTON — The Central Intelligence Agency’s inspector general has started an investigation into the general conduct of David H. Petraeus, who resigned last week as the C.I.A.’s director after admitting to having an affair with his biographer, Paula Broadwell. The inquiry will focus largely on whether Mr. Petraeus misused the trappings and perquisites of his position, including security details, private jets and special accommodations, to facilitate the affair, a person familiar with the investigation said. There is no evidence so far to suggest Mr. Petraeus did so, said agency officials,

What Explains The Partisan Divide
Between Urban And Non-Urban Areas
Forbes, by Mark Hendrickson    Original Article
Posted By: StormCnter- 11/16/2012 6:00:06 AM     Post Reply
Last week’s election results have given Republicans, Democrats, and political observers plenty to ponder. Various pundits have commented on the increasing importance of identity politics—that for many American voters, who they are and what they are, demographically speaking, predetermines which party they vote for. To the “who” and “what” factors, there is a third factor that seems just as important: where they live. When looking at maps of the United States showing red for counties where the Republican candidate received more votes and blue for counties where the Democrats won,

Demographics is destiny
Daily Caller, by Ann Coulter    Original Article
Posted By: Blackeagle- 11/16/2012 5:55:22 AM     Post Reply
Liberals brag about having won the hearts and minds of America, as if, through logic and argument, they’ve persuaded people to accept their bankrupt European socialist ideas. Democrats haven’t changed anyone’s mind. They changed the people. More white people voted for Mitt Romney this year than voted for Ronald Reagan in 1980. Barack Obama lost white voters by 20 points — the widest margin since 1984. But in 1980, whites were 88 percent of the electorate. In 2012, they were 72 percent of the electorate.

Should the Secretary
of State be a dupe?
Power Line, by Paul Mirengoff    Original Article
Posted By: StormCnter- 11/16/2012 5:50:43 AM     Post Reply
Following President Obama’s testy defense of Susan Rice, as if on cue, CBS News reports that it has obtained the CIA talking points given to Rice on September 15 regarding the attack on the U.S. Consulate in Benghazi, Libya, four days earlier. According to CBS News, the talking points, which were also given to members of the House intelligence committee, make no reference to terrorism being a likely factor in the assault. So, as Obama previewed, Rice’s defense, if she is nominated to be Secretary of State, will be that she was just parroting her talking points.

  


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Dan Rather’s Fantasy-Based World
Commentary Magazine, by Peter Wehner    Original Article
Posted By: StormCnter- 11/16/2012 5:43:44 AM     Post Reply
Via Newsbusters.org, disgraced former CBS anchor Dan Rather appeared on the Rachel Maddow show and said this: The Republicans, their number one need is to get in touch with a fact-based world, that they are now in the position of being pictured like a man who wears spats to the office or something. So far out of touch that it is unrealistic. And they did run four years, straight out, Dr. No obstructionism. For those who may have forgotten, Mr. Rather’s career imploded because of his role in a story meant to smear President George W. Bush

The Rising Tide
Washington Free Beacon, by Matthew Continetti    Original Article
Posted By: StormCnter- 11/16/2012 5:35:51 AM     Post Reply
“The tide of war is receding,” President Barack Obama is fond of saying. Who’s he kidding? It has not been two weeks since the president’s reelection and already foreign policy crises are metastasizing. Israel’s justified retaliation at Hamas rocket attacks from the Gaza Strip may escalate into the second Gaza war in four years. But the Middle East of 2012 is not the Middle East of 2008. Gaza neighbors an Egypt governed not by the secular dictatorship of Hosni Mubarak but by the religious-inspired democracy of the Muslim Brotherhood’s Mohamed Morsi. Egypt has its own problems with the Palestinians

Petraeus Scandal: Paula Broadwell
Stars in Gun Commercial
ABC News, by Matthew Mosk    Original Article
Posted By: StormCnter- 11/16/2012 5:32:43 AM     Post Reply
In addition to the book and the romance, Paula Broadwell´s role as a trusted confidant of General David Petraeus provided another benefit: rising-star status in elite military circles. That meant, among other perks, a speaking slot at the Aspen Ideas Festival, an invitation to Washington´s annual OSS Society dinner, and a role as an expert commentator in an infomercial for a gun manufacturer. Watchdog groups say it is that last assignment -- promoting a futuristic-looking, high-tech gun for a company that may have been trying to catch the eye of military purchasing officials -- that they find troubling.

Flea-market Renoir reignites
tensions between museum and
art donor’s descendants
Washington Post, by Ian Shapira    Original Article
Posted By: MissMolly- 11/16/2012 5:29:05 AM     Post Reply
Susan Helen Adler paced the corridors of the Baltimore Museum of Art, searching for objects that once belonged to her great-great-aunt, the late Saidie Adler May. In one room, she encountered about a dozen pieces, next to plaques that read “Gift of Saidie A. May.” But Adler, hungry to see more May donations on display, quickly grew upset with how much she thought should be there. She was already frustrated that one of her great-great-aunt’s paintings, a small Renoir, had turned up in a box of junk at a West Virginia flea market.

  


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Compassionate Conservatism Redux
National Review Online, by Jonah Goldberg    Original Article
Posted By: StormCnter- 11/16/2012 5:25:04 AM     Post Reply
I think I owe an apology to George W. Bush. William F. Buckley once noted that he was 19 when the Cold War began at the Yalta conference. The year the Berlin Wall came down, he became a senior citizen. In other words, he explained, anti-Communism was a defining feature of conservatism his entire adult life. Domestically, meanwhile, the Right was largely a “leave me alone coalition”: religious and traditional conservatives, overtaxed businessmen, Western libertarians, and others fed up with government social engineering and economic folly. The foreign-policy battle against tyrannical statism abroad only buttressed the domestic antagonism toward well-intentioned

The World’s Dumbest Conservatives
Weekly Standard, by Sam Schulman    Original Article
Posted By: Pluperfect- 11/16/2012 5:21:51 AM     Post Reply
In 2012, American conservatives occupied themselves with the stately process of challenging a sitting president. While we were enjoying the pomp and ceremony which just ended, European conservative parties and governing coalitions have been quietly disintegrating. The disease runs through the free-market conservative coalition that governs Germany, and erupted last week in the Netherlands at what should have been a moment of triumph for the leading free-market party, the VVD. It also afflicts the conservative-led government of the United Kingdom and Nicolas Sarkozy’s UMP party in France, which lost power in May and June after 10 years

IDF resumes airstrikes after
Palestinians fire over 50
rockets into Israel on Friday
Times of Israel, by Staff    Original Article
Posted By: StormCnter- 11/16/2012 5:10:58 AM     Post Reply
As Operation Pillar of Defense enters its third day, rockets have gone from pounding southern Israel to threatening central Israel, bringing the war to millions of people. As the IDF begins calling up thousands of soldiers, a ground war seems imminent, even as airstrikes on Gaza continue. The Times of Israel is live-blogging. Press “Refresh” for latest updates and click here for our previous live blog detailing events as they unfolded on Thursday. 12:03 Palestinian sources report that Egyptian Prime Minister Hisham Kandil’s visit to the Gaza Strip was cut short due to security concerns.

America in the Age of Obama
PJ Media, by Richard Fernandez    Original Article
Posted By: StormCnter- 11/16/2012 5:03:32 AM     Post Reply
Breitbart quotes a tweet by CNN correspondent Frances Townsend claiming information by Pentagon correspondent Barbara Starr that David Petraeus will testify that he knew the attack on the Benghazi consulate was terrorism “almost immediately.” The “same source” claims he will say Susan Rice’s talking points ascribing the attack to a video came from the White House. If Petraeus really does testify to this effect, he will inescapably be alleging under oath that the president was a liar. Even if the testimony is restricted strictly to Benghazi and not its aftermath, the crucial question remains: did the president abandon?

How TV Killed the
Republican Party’s Family Values
Daily Beast, by Jonathan D. Fitzgerald    Original Article
Posted By: StormCnter- 11/16/2012 4:57:22 AM     Post Reply
The biggest loser of last week’s elections may have been the Republican Party’s image of the American family. Al Mohler, president of Southern Baptist Theological Seminary, blamed the Republican loss on a dramatic change in our country’s “moral landscape.” He’s right, but this isn’t new: the GOP vision of America, which includes patriarchal churchgoing families with sexually abstinent teenagers who have no use for birth control hasn’t been a reality since the 1950s. So what happened? As it turns out, one of the most influential forces in changing Americans’ definition of family can be found

  



GOP governors brace for
fights over Obamacare, drilling
Washington Examiner [DC], by Byron York    Original Article
Posted By: StormCnter- 11/16/2012 4:48:37 AM     Post Reply
LAS VEGAS - With Mitt Romney´s defeat and the loss of Republican seats in both House and Senate, the balance of power in the GOP has shifted. Republican governors -- the one group that actually increased its numbers on Nov. 6 -- believe they should take a bigger and more influential role in establishing the party´s direction. As they hold their annual meeting here in Las Vegas, Republican governors are quick to point out that they now preside in 30 states, with a population of about 180 million people. Idaho Gov. Butch Otter sat down to make a little chart

Obama´s Jonestowns
American Thinker, by Jack Cashill    Original Article
Posted By: DW626- 11/16/2012 4:43:27 AM     Post Reply
At first, the numbers seemed too absurd to be true: did Mitt Romney really receive zero votes in 59 Philadelphia voting districts? Did Barack Obama really outpoll him by a combined 19,605 to 0 votes cast in these 59 districts. According to the Philadelphia Inquirer, which has no interest in deceiving, the answer is yes. Immediately, one suspects some element of fraud, but fraud isn´t the real issue here. Obama was producing nearly comparable numbers in inner-cities throughout America, especially those in contested states. Worse than fraud is the process that turned nearly 20,000 black Philadelphians

Sex and the Generals
American Spectator, by R. Emmett Tyrrell, Jr.    Original Article
Posted By: StormCnter- 11/16/2012 4:41:47 AM     Post Reply
WASHINGTON -- Sex remains the surest prop for all that is funny… and sad. In the first instance we often call the result ribaldry. In the second instance it is always called tragedy. General David Petraeus has, in war, been a hero. In public service too he was a national asset. But toward the end of his soldiering his life is now cast in doubt, and as the head of CIA the doubt has increased. (Snip)In the case of Paula Broadwell, the general´s inamorata, it was a disaster waiting to happen.

The I´s Have It
Wall Street Journal, by Peggy Noonan    Original Article
Posted By: Moritz55- 11/16/2012 2:54:23 AM     Post Reply
We are becoming a conceited nitwit society, pushy and self-aggrandizing. No one is ashamed to brag now. and show off. They think it heightens them. They think it´s good for business. It used to be that if you were big, you´d never tell people how big you were because that would be kind of classless, and small. In fact it would be a proof of smallness.

Chile leads continent in
social mobility, World Bank says
Santiago Times [Santiago, Chile], by Gwynne Hogan    Original Article
Posted By: PageTurner- 11/16/2012 1:12:23 AM     Post Reply
Latin American middle class has grown by 50 percent between 2003 and 2009, World Bank revealed in a study made public Tuesday. The World Bank gauged “middle class” as workers who earn between US$10 and $50 a day. About 42 percent of Chile’s population was said to be part of the middle class ranking it third in the region after Uruguay and Argentina. “Chile is one of the countries with the strongest middle classes in Latin America,” Jamele Rigolini Senior Economist at the World Bank told The Santiago Times. “It is already a middle class society, or really close

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