How and when Congress acts will also have an important, if impossible to quantify, impact on consumer and business confidence, economists say. Households and companies uncertain about their income, unclear about their tax rates and lacking confidence in their government might hold off on major financial purchases and tighten their purse strings. (NYT, 12/22/2011)
So is The New York Times now on board with the Republican position that regulatory uncertainty caused by, for example, Obamacare, hinders economic growth?
Imperatives
Despite Saudi Arabia's promises to clean up textbooks in the kingdom, recent editions continue to raise alarms in the West over jihadist language...In a textbook for 10th-graders, printed for the 2010-2011 academic year, al-Ahmed said teenagers are taught barbaric practices. “They show students how to cut (the) hand and the feet of a thief,” he said. In another textbook, for ninth-graders, the students are taught the annihilation of the Jewish people is imperative. One text reads in part: “The hour (of judgment) will not come until the Muslims fight the Jews and kill them. ... There is a Jew behind me come and kill him.” (Foxnews.com, 12/22/2011)
Long before he announced his presidential run this year, Newt Gingrich had become the most prominent American politician to embrace an alarming premise: that Shariah, or Islamic law, poses a threat to the United States as grave as or graver than terrorism....The idea that Shariah poses a danger in the United States, where the census pegs Muslims as less than 1 percent of the population, strikes many scholars as quixotic.
Even within that 1 percent, most American Muslims have no enthusiasm for replacing federal and state law with Shariah, as some conservatives fear, let alone adopting such ancient prescriptions as stoning for adulterers, said Akbar Ahmed, chairman of Islamic studies at American University in Washington, who spent a year traveling the United States and interviewing Muslims for his 2010 book “Journey into America: The Challenge of Islam.” (NYT, 12/22/2011)
So the Saudis are still teaching their kids to hate, but Gingrich is ginning up the Sharia threat?
Here is the problem, Americans cannot trust the Arabs. Yasir Arafat was well known - and eventually exposed - as someone who would talk about peace in English to the Western press and then about annihilation of the infidels in Arabic to the Palestinians. The Saudis promise to clean up the hatred and then get caught red-handed.
The Sharia threat? Take it seriously until there is 100% certainty that the threat is gone.
Lacking
Matt Damon is expressing his disdain for Barack Obama’s presidency again, this time saying that the President doesn’t have any “balls.” (Foxnews.com, 12/22/2011)
If the president has lost Mat Damon then we don't know what to say. Plenty of room on the Right, Matt.
Citation
The attorney general cited race in explaining why a "more extreme segment" of his critics were going after him. "This is a way to get at the president because of the way I can be identified with him, both due to the nature of our relationship and, you know, the fact that we're both African-American," Holder said in an interview with The New York Times. (Foxnews.com, 12/22/2011)
Even our friends on the Left have got to be embarrassed by Holder.
Message In A Bottle
Former President Jimmy Carter has sent North Korea a message of condolence over the death of Kim Jong-il and wished "every success" to the man expected to take over as dictator, according to the communist country's state-run news agency. (Washington Times, 12/21/2011)
Even our friends on the Left have got to be embarrassed by Carter.
Estimations
BT and the city, however, underestimated the cost of building the system, and they overestimated the revenues the service would generate. By late 2007 or early 2008, the new money from Citibank was spent, and Mayor Bob Kiss and Chief Administrative Officer Jonathan Leopold decided to use money from the city’s checking account, the cash pool, to pay Telecom expenses. BT’s license permitted use of cash pool money, but with the stipulation the money be repaid within two months. It wasn’t.
Kiss and Leopold spent $16.9 million from the cash pool on Burlington Telecom without informing the Board of Finance, the City Council, state regulators or the public. BT’s inability to repay the money on time was a violation of the terms of its state license.
The violations were disclosed after Kiss was re-elected in 2009 to a second term as mayor. (Burlington Free Press, 12/22/2011)
In the world of the Progressive, you do not have to pay back your student loans, you do not have to pay your mortgage and you do not have to pay back your lenders. Good intentions trump the rule of law.
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