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The Right of the People to be Secure in their Persons, Houses, Papers, and Effects,
Against Unreasonable Searches and Seizures,
Shall Not Be Violated


Saturday, May 19, 2012

OT ..Recipe for Sinatra Burgers

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‘Haniyeh: No Future For Israel In Palestine’, meanwhile Obama reinstated financial aid to PA under false pretense

(JPost)Hamas Prime Minister Ismail Haniyeh told an international pro-Palestinian delegation on Friday that there is no future for Israel “on the land of Palestine,” Gaza news portal Al-Resalah reported. 
Haniyeh was speaking at a meeting in Gaza with delegates from several countries including Jordan, Egypt and Lebanon. “We must live up to our motto.. .which says, we will not recognize Israel,” the Hamas-affiliate quoted him as saying. 
He reportedly emphasized the importance of the right of return for Palestinian refugees, and lauded the “victory of the Palestinian hunger strikers.” Israel and Palestinian security prisoners signed a deal to end a 28-day hunger strike by the inmates on Monday. According to the terms of the agreement, Palestinian prisoners committed to refrain from dealing with “activities against security” within prison confines. 
In exchange, they will receive benefits from the Prisons Service, including the end of separation from the general prison population, and family visits. 
The Hamas prime minister also thanked the delegation for their efforts, “to alleviate the suffering of the Palestinian people in the besieged Gaza Strip, and strengthen their steadfastness on their land.” 
The Obama administration justified releasing more than $192 million in financial aid to the Palestinian Authority with false information, according to an Israeli expert who monitors the Palestinian media’s constant promotion of violent, hateful rhetoric. 
The administration quietly reinstated the P.A.’s aid last month after it was frozen by Congress in the wake of Palestinian President Mahmoud Abbas’s attempt to declare statehood before the United Nations. The administration also secretly attempted to restore funding to a U.N. cultural agency that unilaterally—and illegally—recognized the “State of Palestine.” 
In explaining the administration’s rationale for reinstating the funds, White House spokesperson Tommy Vietor claimed, “The P.A. has recognized Israel’s right to exist, renounced violence, and accepted previous agreements, including the Roadmap ...” 
Click here to read the whole thing.
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for negotiations to bring Chen Guangchen to the USA.
Update is that he is ENROUTE to the USA.
Chinese Dissident at Beijing Airport, Ready to Leave for U.S. 
Chen Guangcheng, the blind legal defender who made a dramatic escape from house arrest and whose decision to seek refuge in American Embassy jolted U.S.-Sino relations, was scheduled on Saturday to leave China for the United States, according to friends who have spoken to him.Mr. Chen was booked on a 3:45 p.m. United Airlines flight bound for Newark with his wife and two children, although the flight was later delayed.
Speaking by cellphone, Mr. Chen told friends he was excited to be leaving China but that he was also worried about the fate of relatives he leaves behind. “He’s happy to finally have a rest after seven years of suffering but he’s also worried they will suffer some retribution,” said Bob Fu, president of ChinaAid, a Christian advocacy group based in Texas.
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Friday, May 18, 2012

Toots Thielemans
The Dolphin
with Jaco Pastorius (on Piano)
Three Views of a Secret

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Narvey on Walker: Book Review

Jonathon Narvey´s review in full of my book, An Occasional Walker, follows this excerpt. 

This collection of Walker’s writings from the No Dhimittude blog reads at times like a stream of consciousness from a scripture-quoting American Tea Party recruiter. There are diatribes against the Islamist threat that (belatedly) burst into the public’s consciousness on the day of the 9/11 attacks; rages against policies of civilizational suicide in the wake of non-assimilating (and occasionally openly seditious) immigrant communities in the West; odes to the oil companies; screeds against environmentalists; nostalgic looks back at shoot-first ask-questions-later cowboy role models.

But occasional breaks in the commentary clue you in that you’re reading something more akin to a work of art by a tortured soul; there’s pain there. Rejection. Grim anecdotes of survival amid gritty poverty. Descriptions of places that might be war zones or just some plain old slum that looks like a war hit it. Haunting slices of life as a derelict. Love in the shadows.

An Occasional Walker is a hard book. Sometimes amusing, other times perplexing; often surprising. Just stay away from the absinthe while you’re reading it.

Many thanks to Jonathon for the review. 
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Chinese repay for US Stealth drone intelligence?

Geostrategy Direct (Bill Gertz):
Iran acquires Chinese communications, GPS jammers via North Korea
LONDON — Iran has received advanced communications jammers over the last year and employed them as part of its air defense network. Sources said the jammers were believed to have arrived from North Korea, Teheran’s leading military ally.
Iran claims it cracked the code on its U.S. Air Force’s RQ-170 Sentinel UAV, captured over Iran in December 2011.    WorldNewsTribune.com 
The sources said the jammers might have been linked to the downing of the U.S. Air Force’s RQ-170 Sentinel UAV over Iran in December 2011. Teheran has asserted that its electronic warfare systems downed the UAV, something rejected by U.S. officials.
“These jammers have been used by Iran as well as North Korea to disrupt communications of both military and civilian aircraft,” a Western industry source said.
The sources said the Chinese-designed jammers were meant to torpedo global positioning systems on a range of platforms, including fixed-, rotary-wing aircraft and unmanned aerial vehicles. They said the jammers could also disrupt navigational and communications systems.
South Korea said the Chinese jammers disrupted 252 civilian flights in late April. The government said none of the flights was in danger of crashing.
“There has been no problem in our military operations,” the South Korean Joint Chiefs of Staff said.
As early as 2010, Seoul warned of the Chinese-origin jammers. Officials said the jammers could also disrupt guided weapons as well as military communications. 
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Now that Israel is united, leaders suddenly become vewwy vewwy quiet!

One of the results of a untied govt now, with 75% of the Knesset behind them, is that Israel’s leaders are FREE TO COMMIT ACTS, without the backbiting natural to partisan govt.

Iran attack decision nears, Israeli elite locks down

A private door opens from Israeli Prime Minister Benjamin Netanyahu’s office in central Jerusalem directly into a long, modestly furnished, half-paneled room decorated with modern paintings by Israeli artists and a copy of Israel’s 1948 declaration of independence. It contains little more than a long wooden table, brown leather chairs and a single old-fashioned white projector screen.
This inner sanctum at the end of a corridor between Netanyahu’s private room and the office of his top military adviser, is where one of the decade’s most momentous military decisions could soon be taken: to launch an Israeli attack on Iran’s nuclear program.
Time for that decision is fast running out and the mood in Jerusalem is hardening.
Iran continues to enrich uranium in defiance of international pressure, saying it needs the fuel for its civilian nuclear program. The West is convinced that Tehran’s real objective is to build an atomic bomb - something which the Jewish state will never accept because its leaders consider a nuclear armed-Iran a threat to its very existence.
Adding to the international pressure, U.S. ambassador to Israel Daniel Shapiro said this week American military plans to strike Iran were “ready” and the option was “fully available”.
The central role Iran plays in Netanyahu’s deliberations is reflected in the huge map of the Middle East hanging by the door of his office. Israel lies on one edge, with Iran taking pride of place in the centre.
Experts say that within a few months, much of Iran’s nuclear program will have been moved deep underground beneath the Fordow mountain, making a successful military strike much more difficult.
As the deadline for a decision draws nearer, the public pronouncements of Israel’s top officials and military have changed. After hawkish warnings about a possible strike earlier this year, their language of late has been more guarded and clues to their intentions more difficult to discern.
“The top of the government has gone into lockdown,” one official said. “Nobody is saying anything publicly. That in itself tells you a lot about where things stand.”
Last week Netanyahu pulled off a spectacular political surprise, creating a coalition of national unity and delaying elections which everyone believed were inevitable. The maneuver also led to speculation that the Israeli leader wanted a broad, strong government to lead a military campaign.
The inclusion of the Iranian-born former Israeli chief of staff and veteran soldier, Gen. Shaul Mofaz, in the coalition, fuelled that speculation - even though both Mofaz and Netanyahu deny that Iran was mentioned in the coalition negotiations.
“I think they have made a decision to attack,” said one senior Israeli figure with close ties to the leadership. “It is going to happen. The window of opportunity is before the U.S. presidential election in November. This way they will bounce the Americans into supporting them.”
Those close to Netanyahu are more cautious, saying no assumptions should be made about an attack on Iran - an attack with such potentially devastating consequences across the volatile Middle East that Palestinian President Mahmoud Abbas even went so far as to predict in an interview with Reuters last week that it would be “the end of the world”.
Israelis particularly fear retaliation from Iran’s proxy militias - the Hezbollah guerrillas in southern Lebanon and the Hamas fighters in the Gaza Strip. Both are believed to possess large arsenals of rockets which could hit major Israeli towns and cities.
Hezbollah’s deputy leader Sheikh Naim Qassem told Reuters in February that an Israeli attack on Iran would set the whole Middle East ablaze “with no limit to the fires”. “Gone are the days when Israel decides to strike, and the people are silent,” he said.
The Israeli Prime Minister and his key allies repeat for public consumption the mantra that economic sanctions against Iran must be given time to work and that now is not the time to speak about military options.
Top officials explain the new coalition on purely domestic grounds, saying it was needed to tackle the thorny and divisive issue of pressing Orthodox Jews into military service - in other words, that its formation has much more to do with the agenda inside Israel than abroad.
Diplomats are divided. “I think the Iran thing is a red herring,” said one senior Western envoy. “This is 98 percent about domestic politics”. Others are less convinced.
Mofaz himself refuses to speak about military action against Iran, even in the theoretical.
A military veteran with almost 40 years’ operational experience, whose office in the Israeli parliament displays a poster of Israeli warplanes flying low over the Auschwitz concentration camp, he scoffs at the idea that his Iranian descent gives him special influence on an Iran attack decision. He derides the idea any serious official in the know would talk to visiting journalists about such a sensitive military subject.
But behind the carefully evasive language of top officials, basic facts are clear. Time is running out. Iran’s nuclear program - regarded by Netanyahu as an existential threat to the state of Israel - will soon be buried deep enough underground to render an Israeli attack impossible. The Jewish state’s options are narrowing.
“I think they’ve gone into lockdown mode now,” the senior Western diplomat said. “Whatever happens next, whatever they decide, we will not find out until it happens.”
There are indeed those who see in Israeli posturing over Iran only bluff intended to press world powers into harsher sanctions and avoid war. Some military experts openly doubt how much damage Israel could inflict. The risk of a fiasco is big.
Perhaps the strongest clue as to Israel’s real intentions is to be found in Netanyahu’s private office, behind his desk. Officials say the Israeli premier was strongly influenced by his father, who died last month at the age of 102.
Benzion Netanyahu was a distinguished scholar of Jewish history and his strong sense of the past lives on in Benjamin, who laments to visitors that “most people’s sense of history goes back to breakfast time”.
On a shelf behind Netanyahu’s desk, along with pictures of his family, is a photograph of Winston Churchill. Netanyahu admires the British wartime premier because he saw the true dangers posed by Nazi Germany to the world at a time when many other politicians argued for appeasing Hitler.
The parallels with modern-day Iran are obvious and Netanyahu is explicit about the dangers he believes are posed by militant Islam: as he puts it, its convulsive power, its cult of death and its ideological zeal.
But Churchill, although eloquent on the dangers posed by the rise of Nazi Germany during the 1930s, ultimately failed to prevent Hitler’s ascent to power, the world war he unleashed or the Holocaust in which six million Jews were murdered.
Netanyahu, those who know him say, is determined to avoid going down in history as the man who shirked his opportunity to stop Iran going nuclear.
PS. In May 1967 Levi Eshkol of the Labor Party established a unity govt with Menachem Begin of Likud. When they were then faced with an Egypt which had removed UN peacekeepers from their border, and armies all around LITERALLY promising a war of annihilation, and a mobilized Israeli nation whose every worker was in the front lines …. it made it a lot easier to order a preemptive air attack on Syria and Egypt. This single action, made possible ONLY by a unified govt, WON THE 1967 war in the first few hours.
And now?
Had Churchill been able to act the way HE thought wise in 1936 when Germany entered the Rhineland, he would have been remembered as an over-nervous, imperialist aggressor whose warmongering and fear mongering led England and Europe to ‘needless’ warlike efforts.
Are WE ready here in the USA? Or will this be an effort from hour one to turn the war off (as govt war gaming showed we would)?
Dwight Eisenhower regretted the rest of his life, his actions over the Sinai in 1956.
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Or, just build a wall and call it East Berlin

It’s called acceleration.
It’s what some people do when the enforcement plans fail. Do more, harder and that will teach the kids / bastards / whoever.

Senators to Unveil the ‘Ex-Patriot Act’ to Respond to Facebook’s Saverin’s Tax ‘Scheme’Sen. Chuck Schumer, D-N.Y., has a status update for Facebook co-founderEduardo Saverin: Stop attempting to dodge your taxes by renouncing your U.S. citizenship or never come to back to the U.S. again.

In September 2011, Saverin relinquished his U.S. citizenship before the company announced its planned initial public offering of stock, which will debut this week. The move was likely a financial one, as he owns an estimated 4 percent of Facebook and stands to make $4 billion when the company goes public. Saverin would reap the benefit of tax savings by becoming a permanent resident of Singapore, which levies no capital gains taxes.
At a news conference this morning, Sens. Schumer and Bob Casey, D-Pa., will unveil the “Ex-PATRIOT” – “Expatriation Prevention by Abolishing Tax-Related Incentives for Offshore Tenancy” – Act to respond directly to Saverin’s move, which they dub a “scheme” that would “help him duck up to $67 million in taxes.”
The senators will call Saverin’s move an “outrage” and will outline their plan to re-impose taxes on expatriates like Saverin even after they flee the United States and take up residence in a foreign country. Their proposal would also impose a mandatory 30 percent tax on the capital gains of anybody who renounces their U.S. citizenship.
The plan would bar individuals like Saverin from ever reentering the United States again.
Here’s how that works …. if you have an idea that might work, and you have confidence in that idea, and it can be financed, and you know it … YOU LEAVE RIGHT AWAY, before it comes to fruition.
Inventors, engineers, scientists … hello?
HUMAN NATURE cannot be legislated this way.
This situation calls for AMORAL attitudes.
What is practical?
This is like a town manager, who upon seeing businesses leaving the town center for the mall area which just falls in a different town, RAISES TAXES ON THOSE LEFT.
That’s the senate, STUPID TOWN MANAGERS
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Hound Dog Taylor & Little Walter
Wild About You Baby

Little Walter's Jump

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Thursday, May 17, 2012


I'm not gay.
   --- Tom Cruise

CORRECTION - For the record, when I posted this I thought this was merely a photograph presented by Tom Cruise in the interest of showing off his new tattoos.

 I did not know it was a publicity photo to promote his new movie. 

That makes the photo DECIDEDLY LESS GAY.

 So, please allow me to correct any misunderstanding my post may have cause that, perhaps, Tom Cruise is gay, when I said he was not gay.

For suresies this time, TOM CRUISE IS NOT GAY.

Never let anyone tell you IBA does not attempt to correct it's mistakes.
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Tel Aviv rape suspect's DNA matches

The Muslim who raped a 17 year old girl in Tel Aviv was checked for DNA and it matched the samples from the scene:
DNA evidence has linked the 21-year-old Palestinian man suspected of subjecting a young couple to a prolonged rape and sexual assault to the scene of the crime, senior law enforcement sources confirmed Wednesday.

Police arrested the West Bank resident in Tel Aviv this week on suspicion of following the couple to the Gan Ha’ir parking lot, brandishing a knife and forcing them into the parking lot’s bathroom, where he allegedly forced them to carry out sexual acts on one another and raped the 17-year-old girl.

The DNA development came as police were set to hold a lineup to see if the couple could identify the suspect.

The suspect, from the Nablus area, who cannot be named due to a media ban, denied raping the girl and said he did not carry out any sexual offenses.

He has also denied being in possession of a knife. However, the suspect did say he stole the couple’s cellphones.
Well now that's basically a confession of guilt. And he should be given a sound belting for what he put the poor girl through.
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This Week On The Gathering Storm: Midnight Rider!

Listen to The Gathering Storm Radio Show, hosted by WC and Always On Watch. The show broadcasts live for 30 minutes every Friday beginning at noon, Pacific Time.

The call-in number is 646-915-9870.

This week's scheduled guest is Midnight Rider.

Listen to the May 18, 2012 edition of The Gathering Storm Radio Show, live or later, by CLICKING HERE.

Read more »

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Eastern Germany is most atheist place on the globe

In this Die Welt article translated on World Crunch, they discuss how this once communist dominated region has become the most godless place you can be (via Hot Air):
A comparison of generations around the world shows that virtually everywhere, atheism is much more pronounced among the youth than it is among people ages 55 and more, thus showing the considerable influence that modernization has had on religious belief. In Poland, for example, 79.3% of those over 68 believe in God, as opposed to only 58.4% of those between 28 and 37.

The only exception is Israel, where belief is God is markedly more pronounced among young people. This could be related to the immigration of non-secular Jews to Israel, but the study’s authors also think that it is partially due to a growing split along Jewish and Muslim religious lines. Under conditions of competition and separation, religious belief comes to have greater meaning for one’s sense of personal identity, they write. Religious competition of that sort is virtually nonexistent in eastern Germany because so few Muslims live there.

Researchers found other reasons for atheism in the former East Germany, not least the deep mark left by the National Socialists and the Communists. But they also point to the fact that many Slavic and non-Orthodox communities present in the area since the Middle Ages were nonreligious; that the secularization movements during the Weimar Republic (1918-1933) were particularly strong in the states of Thuringia and Saxony; that the resistance of most DDR dissidents to the church was not seen, unlike the way it was perceived in Catholic Poland, as specifically religiously motivated.
Now what does this signal for starters? That the nazis clearly did have a secular/atheist influence - them first, commies next - on eastern Germany.

As for Israel and its own influence in Judaism (Zionism too, but that's another story), that's certainly flattering that they acknowledge by contrast how in the world of Judaism, the problems with godlessness are a lot less than in Germany. But is that really so that not many Muslims live in eastern Germany? Odd, because they certainly are quite a presence in the west end.

If eastern Germany is tops in secularity though, then Britain must be coming a strong second. According to this Guardian article from a year and a half ago:
In the latest 2010 BSA report, published earlier this month, only 42% said they were Christians while 51% now say they have no religion. Admittedly, some other surveys – including the last census – have produced different findings on these issues, usually to the advantage of the religious option. There is also a margin of error in all such exercises. All the same, and particularly since the trends in opinion over time seem well set, it is hard not to feel that this latest finding marks a cultural watershed.
It's downright disturbing if it allows for Islamofascism to fill the void the former Christian majority is leaving behind. One of the commentors even says:
Trouble is while Christianity slowly disappears - Islam grows to fill the void.
And as has been discussed plenty here, that's exactly what's happening: Islam is busily filling the vacuum left as Christianity vanishes in the UK, and the Religion of Rape could very easily be the 9 percent not cited in this particular report.

This was found through the blog of an athiest, who even had the gall to say:
Obviously, we have a long way to go, but this does bring some measure of hope that one day we might live to see a saner, more rational society.
Oh god. Who knew that someone could possibly think being an athiest automatically makes one a saint? Shudder. A society in which Islamic "honor" murders run rampant and are all but swept under the rug by the press and politicians is not one you can consider sane and rational. And what about Karl Marx and all the damage he caused for many years to come with the atheist/secular philosophy he conceived, which the commies took up as part of their indoctrine? Is that not an example of how atheism can have some very bad impacts?

And it's not simply because of a growing split between Judaism and Islam that younger folk in Israel have stronger faith as the researchers for Die Welt think - it's because having faith in Judaism is one of the best ways to counter the influence and threat of Islam. And for Israelis, having strong faith in God and the Torah is something that can help to guard them against what the Koran teaches.
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"If he can stop the seas from rising, why can’t he bring down gas prices?”

George Will to Donna Brazile
BC News contributor Donna Brazile on Sunday - like so many Obama-loving media members have in recent months - said, “The president can’t control gas prices.”
This led George Will to marvelously ask of his This Week co-panelist, “If he can stop the seas from rising, why can’t he bring down gas prices?” 
DONNA BRAZILE, ABC NEWS CONTRIBUTOR: Well, first of all, you put forward a proposal and you say, look, I’m trying to lower gas prices. I’ve come up with a proposal that will end all of this speculation, that will put more feds to ensure that people are not driving up the gas prices because of capital investments.
The truth is, is that the president can’t control gas prices. I come from a petroleum-producing state, and we can drill all day, we can pump all day, and, by the way, it’s two-year anniversary of the BP oil spill, and I’m still worried about marine life in the gulf.
But the fact is, is that this is out of his control, but he has to show the American people that he’s doing everything possible to manage gas prices.
GEORGE WILL: But there’s something about our obsession with the imperial presidency — it’s true in both parties — that says nothing’s out of our control. After all, Mr. Obama, the night he clinched the nomination, said this will be the moment when the rise of the seas stop. Well, if he can stop the seas from rising, why can’t he bring down gas prices?
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About That Green Job Creation

Obama building businesses overseas:

The chairman of First Solar, a company that received approximately $3.1 billion in federal loan guarantees under President Obama’s green energy initiative, said Wednesday that the majority of the jobs created by the company have been overseas.
Speaking at a hearing of the House Committee on Oversight and Government Reform, First Solar chairman Michael Ahearn admitted that most of the company’s full-time jobs are held overseas.
“In sheer numbers, most of our full-time employees are outside the U.S,” Ahearns said.
“It sounds like you’re not an American company,” said committee chairman Darrell Issa (R., Calif.). “You simply have a small presence in Ohio and Arizona.”
Issa stated figures showing First Solar employed 560 workers in Germany, 1680 in Malaysia, and 280 in Ohio.

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Humpday Blues

Sam Chatmon

Make Me A Pallet On The Floor

Who's Gonna Love You Tonight

 That's My Gal

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Wednesday, May 16, 2012

Greece = Lehman in 2012?

The thought in the mind of every finance freak on the planet while they reassure everyone all is wonderful in order to avoid the panic which might be coming anyway.

Is Greece the Lehman of 2012?

That seems to be Wall Street’s tune these days. Sure, investors are worried about Europe. And they should be. But so far, the market is acting as if the recent turmoil in Greece is merely a repeat of last summer — and not the second coming of 2008.Stocks have pulled back from this year’s earlier highs, but it’s been a fairly orderly sell-off, not a full-blown panic.
That’s just like a year ago. Investors were giddy in the first few months of 2011 until they came to grips with the fact that Europe’s woes were not going to be solved overnight. But they also realized that Europe would not sink the entire global economy.
Flash forward a year and it still appears that the market is prepared for, and not afraid of, potentially nightmarish scenarios in Europe.
Many experts believe an eventual departure of Greece from the eurozone is already priced into stocks, bonds and currencies. The return of the drachma may not necessarily be analogous to the bankruptcy of Lehman Brothers — especially since Greece’s crisis has been playing out since early 2010.
“Is this a Lehman-like event? Banks and markets have been preparing for this for years,” said John Canally, investment strategist for LPL Financial in Boston. “And the global economy is in a lot better place than it was in 2008.”
Does anyone else remember after Bear Sterns croaked in an orgy of Paulsoneque merger frenzy the reassurances that Lehman had enough cash, and even if they didn’t the economy as a whole was fine?
It’s all ok people.
The world is in a much better place than 2008.
The banks have enough cash, and even if they didn’t ….
Well, the fed always has those plates.
What d’ya think, Sept 15, 2012 just for the helluvit?
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With thanks to Big Bubba, who emailed me the graphic below:

List of Obama's sealed or unreleased records:
1) [T]he original, long-form 1961 Hawaiian birth certificate....
2) Marriage license between Obama’s father (Barak Sr.) and mother (Stanley Ann Dunham) — not found, not released
3) Obama’s baptism records — sealed
4) Obama’s adoption records — sealed
5) Records of Obama’s and his mother’s reptriation as US citizens on return from Indonesia — not found, not released
6) Name change (Barry Sotero to Barack Hussein Obama) records — not found, not released
7) Noelani Elementary School (Hawaii) — not released
8) Punahou School financial aid or school records — not released
9) Occidental College financial aid records — not released. (These records were, however, subpoenaed but Obama lawyers succeeded in quashing the subpoena in court. No other Occi records have been released.)
10) Columbia College records — not released
11) Columbia senior thesis — not released
12) Harvard Law School records (not mentioned below, but not released)
13) Obama’s law client list — sealed
14) Obama’s files from career as an Illinois State Senator — sealed
15) Obama’s record with Illinois State Bar Association — sealed
16) Obama’s medical records — not released
17) Obama’s passport records — not released

That’s a lot of records sealed and not released.
What may be even more amazing: the paucity of tattling or bragging from individuals who personally knew Obama during the above "gaps."

Also of interest: Last October, the Democrats in Congress introduced a bill (H.R.307.1.IH) to seal Obama's Presidential records.

A $10,000 reward is being offered to anyone who will provide Obama's college transcripts.

Addendum: Because of my grueling work schedule as the end of the school term looms, I just saw yesterday's post at Z's site. She posted the same graphic and asked, "They're demanding Romney's last 12 years of tax returns?" Same old, same old – the double standard. The Left demands transparency and full disclosure, but, instead, dodges and obfuscates.

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Eminent sense about TBTF..it sux


Tom Frost: The Big Danger With Big Banks

Taxpayer safety nets such as the FDIC should be available only to banks that are in the loan business, not those in the investment business.

Once upon a time, banks which took deposits from clients, also known as the average Joe, simply could NEVER USE depositor’s money for investment purposes. The entities which did that were, like Merrill Lynch, partnerships which solicited money, and then used that private partnership money at risk for investments. If THEY made a mistake, their money, the partner’s money, that is, and the voluntary investor’s money was lost and they might go out of business. Even more, banks which took depositor’s money and risked that on loans, were further restricted from risking that insured deposit money by rules which limited the circumstances under which they could make those loans. That was known as Glass-Steagall.
In the early 1950s, when I was a young college graduate and a new employee of the Frost Bank, my great-Uncle Joe Frost, then CEO, told me that the very first goal we had was to return the deposits we received from customers.

Our obligation was to take care of the community’s liquid assets and manage them safely so others could use them (via loans) to grow.

Frost Bank was not big enough to be saved by the government, Uncle Joe told me at the time, so we would always need to maintain strong liquidity, safe assets and adequate capital. I was impressed that making money was not high on his list of priorities, but he implied that profits would come if we observed sound banking principles.
When we look at banking in the United States today, Uncle Joe’s values seem so long ago and far away. The industry is now dominated by a few large banks.
In 1970, according to data from the Federal Reserve Bank of Dallas, the five largest U.S. institutions owned 17% of banking industry assets; in 2010 that share was 52%. Their business has expanded well beyond the role as steward of the community’s assets into riskier endeavors that chase supersized returns.
As the financial crisis of 2008 showed, the very diversification, structure and size of most of our largest banks put the community’s assets at tremendous risk. They had become “too big to fail,” and the government—really the American taxpayers—had no choice but to keep their colossal mistakes from bringing down the economy.
But as Harvey Rosenblum, the Dallas Federal Reserve Bank’s executive vice president and director of research, wrote last year, “These rescues have penalized equity holders while protecting bondholders and, to a lesser extent, bank managers.” In other words, by protecting people from the consequences of their errors, the bailouts raised the risk that the same errors will be made in the future.
There are many good proposals for minimizing, if not entirely eliminating, the likelihood of another “too big to fail” crisis of the sort we faced in 2008. Perhaps most prominent among them is the recommendation that we require banks to hold additional capital to protect themselves (and the rest of us) from loans and investments gone sour.
But even these recommendations would allow the big banks to keep their traditional FDIC-insured deposits, alongside their investment enterprises within the parent company. I suggest that we divide the two functions into separately owned, managed and regulated entities. That’s the only way we can ensure that their riskier businesses don’t undermine the insured deposits that are the foundation of a stable and healthy economy.
Taxpayer safety-net programs, such as the Federal Deposit Insurance Corporation (FDIC), should be available only to banks in business to provide insured deposits. Financial institutions that provide primarily investment, hedging and speculative services don’t deserve protection either by the FDIC’s explicit guarantees or by an implicit understanding that taxpayers will bail them out because there is no other alternative. Indeed, this kind of protection is a perversion of capitalism and can distort its good outcomes.
Uncle Joe was not a fan of the FDIC—he said it took his money to subsidize his inefficient competitors. I support the FDIC as a protection for the depositor, but, with a nod to my uncle’s wisdom, I believe this safety net should apply only to banks that are allowed to receive FDIC-insured deposits.

We are approaching a state of affairs in which an oligopoly of a few major institutions dominates our entire banking system.

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Dexter Gordon
Body and Soul

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Tuesday, May 15, 2012

I Volunteer To Kill Khalid Sheikh Mohammed For Free

I assumed they pay Executioners. Why waste the money? I'll do it for free.

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John Scofield Trio
Someone To Watch Over Me

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Monday, May 14, 2012

Arab raped girl in Tel Aviv, and Arab couple murdered elderly woman for money

Two sad police blotter cases to report. In the first one, it appears an Arab raped a Jewish girl in Tel Aviv:
Police believe a rape suspect who launched a vicious assault on a young couple in Tel Aviv is from the Arab community, senior law enforcement sources said Sunday.

The knife-wielding suspect assaulted an 18-year-old man and his 17-year-old girlfriend at the Gan HaIr parking lot near the Tel Aviv Municipality, forcing them to carry out sexual acts with one another, before raping the woman in a bathroom stall early on Saturday.

The decision to focus the search on an Arab suspect is based on the eyewitness testimonies of the couple, who described their attacker as having a Middle Eastern appearance and speaking with an Arabic accent, police sources said Sunday.
And in the second one, an older case has been solved:
An elderly woman who was choked to death in her Jaffa home in 2010 was murdered by a Palestinian man with the assistance of his divorcee in order to steal money for rent, police in Tel Aviv said Sunday.

Shoshana Levi, 78, was found bound and without vital life signs in her home by paramedics.

Subsequent examinations found that her attackers had shoved cloths and a tennis ball into her mouth, leading to asphyxiation.

The investigation was led by the elite central unit of Tel Aviv district police, which gathered DNA and forensic evidence from the murder scene.

Dep.-Cmdr. Gadi Asher, head of the unit, said Sunday that detectives were unable to use the DNA evidence at first, as they had no other sample to compare it to. The investigation hit an initial dead end.

Nevertheless, police continued working on the case, and going on the assumption that the attackers did not break in to the home, but rather, were acquainted with the murder victim.

Then, in March, homicide detectives focused on a Palestinian woman, Samar Abu Khamed, who visited Levi two weeks before the murder. The woman has several relatives who reside in the Kalkiliya area of the West Bank.

Police proceeded to secretly take DNA samples from all of Khamed's relatives by arranging for them to visit police stations and government offices, and placing them in situations in which they would leave DNA behind, such as offering them a glass of water.

In April, the investigation reached a breakthrough, Asher said, when a DNA match was found between Ahser's ex-husband, Omar Koran. A Border Police unit raided the suspects' home and arrested the two suspects, as well as five relatives who are suspected of assisting them.

The main murder suspects, Samer Abu Khamed and Omar Koran, confessed during questioning to carrying out the murder and robbery, saying they had run out of money to pay rent, police said.
All culprits in these cases should be locked in solitary confinement for the rest of their undeserved lives.

Update: a suspect has been arrested in connection with the first case.
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You Just Can't Make This Stuff Up

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Ron Carter Trio
Autumn Leaves

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Sunday, May 13, 2012

OT of the day ... 30 seconds and you will be hypnotized

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Leaflet: You Must Accept My Religion

ONE OF OUR allies sent us a new idea for raising awareness. And we have a new leaflet. It's really good and different than the first two. (Read more about the first two and get links to them here.) It is entitled, "You Must Accept My Religion." This new one never mentions the words "Islam" or "Mohammad." Why not? Here's how the author explained it:

I have tried to reveal the essential thrust of Islam without once using those words. It’s like a gestalt. I think Islam is uniquely defined by its rules and the character of its founder that, hopefully, people will focus on those instead of being inoculated against the message by the hot trigger words that seem to numb so many peoples' brains. I would also like to think that someone trying to challenge what the leaflet says would be forced to admit that we all know it’s about Islam precisely because it sets out some of its defining features.

What a great idea! The author of these leaflets is very innovative about doing the most important thing we can do: Educate our fellow non-Muslims about Islam. Download a PDF or print the leaflet here: You Must Accept My Religion.

For the previous leaflets we used Google Docs, but so many people had problems with it, we've switched over to Scribd. Please let us know if it works better.

In a letter to us, another of our allies talked about a few other things he does to help raise awareness. Here's what he said:

I just wanted to share some things with you that I do to make a stand. I find these things empowering and I think a lot of your readers would also. They are small things but they make a difference. One of the things that really annoys me about living near Muslims is that their standpoint is written all over them and you’re just left feeling like a cipher. Isn’t there a way of saying “I reject your way of life” without getting arrested or beaten black and blue?

One thing I do is to wear a lapel badge of the Israeli flag — I live in an area where there are a lot of Muslims and (almost as bad) left wingers. I wear it in such a way that when my collar is turned up it doesn’t show so if there are some particularly aggressive people about I turn it inwards. When I’m in a public space where there are lots of security cameras, I show it more. Because Israel and Jews are such objects of loathing to Muslims, by wearing this badge I am implicitly rejecting Islam and its virulent anti-Semitism. Israel is on the front line in this worldwide struggle (though I realise in a sense we all are now) and supporting Israel is a way to rebuff some of the madness and evil. No-one can accuse you of a “hate crime” or “Islamophobia” (I don’t accept the validity of these but they are forced upon us) but you can still make a statement. Israel is a beacon of western civilisation and it is good to show our solidarity with her.

I also have an IDF cap with a Star of David and “Israel” boldly stitched across the front. I wear this when I go to the supermarkets or department stores as I think I would actually be very quickly assaulted if I wore it anywhere else. It’s a good bold statement of support for a great country taking a lot of flak from the Jihad and the wretched left-wing fools. You can easily get badges from suppliers on ebay and I got my cap from a company in Israel. It’s good to support Israeli companies too.

I think by wearing these things it also brings it into the awareness of less partial people too. It puts another dimension into the public space. If more people did it, it would have a much greater impact. If people challenge you about Israel, it opens up an opportunity to dispel some of the malicious mythology that has been built up over the last few decades. I must say no-one has said anything to me yet but a lot have noticed the badge and been made to wonder a little.
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Jihad Is Alive And Well In The Western World

UK: Bomb blasts heard after terror arrest, More than 100 homes evacuated

Get used to it. This is the new normal.
More than 100 homes evacuated as bomb disposal experts carry out four controlled explosions after two terror arrests Daily Mail
  • Officers found explosives in a garage after searching two homes in the Cheltenham area
  • Neighbours remain evacuated, with the more vulnerable being rehoused
  • Shocked residents spoke of their fear and concern at the dramatic events
By Emma Reynolds
More than 100 homes have been evacuated as bomb disposal experts carried out four controlled explosions this morning.
Two men were arrested last night on terrorism charges following the discovery of suspected explosives in a garage during raids on two properties in Cheltenham, according to police.
Officers arrested a 52-year-old man from the Hester's Way area under the Explosive Substances Act.
Fear: Two men were arrested by anti-terrorism officers and bomb disposal experts, pictured, carried out explosions at a cordoned-off garage Fear: Two men were arrested by anti-terrorism officers and bomb disposal experts, pictured, carried out explosions at a cordoned-off garage

Over Half of NY's Congressional Delegation Votes to Punish NYPD for Protecting Us From Jihad

... and finally ...

Military class suspended for view on Islam
Associated Press
  • dempsey_martin_021412.jpg
    Feb. 14, 2012: Joint Chiefs Chairman Gen. Martin Dempsey testifies on Capitol Hill in Washington. (AP)
WASHINGTON –  A course for U.S. military officers has been teaching that America's enemy is Islam in general, not just terrorists, and suggesting that the country might ultimately have to obliterate the Islamic holy cities of Mecca and Medina without regard for civilian deaths, following World War II precedents of the nuclear attack on Hiroshima or the allied firebombing of Dresden.
The Pentagon suspended the course in late April when a student objected to the material. The FBI also changed some agent training last year after discovering that it, too, was critical of Islam.
The teaching in the military course was counter to repeated assertions by U.S. officials over the last decade that the U.S. is at war against Islamic extremists — not the religion.
"They hate everything you stand for and will never coexist with you, unless you submit," the instructor, Army. Lt. Col. Matthew Dooley, said in a presentation last July for the course at Joint Forces Staff College in Norfolk, Va.
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