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Ann Coulter: “Three cheers for RomneyCare” NEW!
Remember what I said in the minimum-wage thread about conservatives gradually being forced to play ideological Twister to defend Romney if he’s the nominee? Here’s Exhibit AAA1.
I don’t understand. I don’t understand why, if you support one of these candidates, it can’t simply be because they’re the best of a bad lot. This happens endlessly in the comments here as Romney fans and Gingrich fans insult each other into digging in ever deeper behind their guy, but I can’t fathom why that mindset would affect Coulter. She has a million arguments for Romney over Gingrich or Santorum if she wants them: He’s a better fundraiser and organizer, he polls better against Obama head to head, he’s good enough at debates to have thwarted Newt twice in Florida, he’s got private sector experience, etc. There’s simply no need to cheer him on for the least conservative thing he ever did in public life. Either she’s so sick of people dumping on her for backing Mitt that she decided to write this as a rhetorical middle finger to her critics or she’s curious to see just how strong her persuasive powers over the right are. If she can turn them around on RomneyCare, she can turn them around on anything.
Soaring Beef Prices Force Shoppers To Find Other Foods NEW!
PHILADELPHIA (CBS) -- At Cappuccio’s Meats in the Italian Market, the cuts of beef are cutting into the profits.
“Every week when I talk to my suppliers, I’m amazed by how much it’s going up,” said owner Domenick Crimi.
NYPD eyed Shiites based on religion, document shows NEW!
In the spring of 2006, as relations worsened between the United States and Iran, the New York Police Department worried about what might happen if the two countries went to war. Would Iranian proxies attack inside the U.S.?
Shin Bet chief: Iran trying to hit Israeli targets in response to attacks on nuclear scientists NEW!
Yoram Cohen tells audience at a closed forum in Tel Aviv that Iran's Revolutionary Guards are working tirelessly to attack Israeli targets abroad in order to deter Israel.
Israel Vice PM: Military strike can hit all of Iran's nuclear facilities NEW!
Speaking at Herzliya Conference, Moshe Ya’alon calls the possibility of a nuclear Iran a 'nightmare to the free world,' says explosion at Iranian missile base targeted missile system that would have threatened the U.S.
Is Israel preparing to attack Iran? NEW!
Defense Secretary Leon Panetta has a lot on his mind these days, from cutting the defense budget to managing the drawdown of U.S. forces in Afghanistan. But his biggest worry is the growing possibility that Israel will attack Iran over the next few months.
Panetta believes there is a strong likelihood that Israel will strike Iran in April, May or June — before Iran enters what Israelis described as a “zone of immunity” to commence building a nuclear bomb. Very soon, the Israelis fear, the Iranians will have stored enough enriched uranium in deep underground facilities to make a weapon — and only the United States could then stop them militarily.
What is Wrong with This Guy?
Jonah, I agree with you on the general tin-ear of Romney. He’s extremely un-nimble on the stump, which means that Republicans will be gambling that he can be sufficiently insulated and managed across the finish line without offering up any campaign-detonating hostage to fortune.
Gold Breaks Bearish Trendline; Key Target for Silver at $37
What about gold? Remember gold? Don't worry about the yellow metal. Over the last week gold has broken out above a bearish trendline and the direction is now UP. The next task -- for gold to trade in the 1800s.
James Dobson Not Backing Gingrich
Often seen as the candidate best-equipped to appeal to social conservatives, Rick Santorum tried to capitalize on that reputation by welcoming special guest James Dobson on stage with him Wednesday night for a one-on-one conversation.
Trump Endorses Romney
Celebrity business magnate Donald Trump endorsed Mitt Romney for president Thursday, telling reporters he will not mount an independent campaign if Romney is the Republican nominee.
The Tangled Web of Newt Gingrich's Alliances
While Newt Gingrich was taking it on the chin in Florida, thousands of miles away in Israel, Prime Minister Benjamin Netanyahu was beating back a challenge to his Likud Party leadership from ultranationalists, thus making it a so-so week for Sheldon Adelson. Over the years, Adelson's largesse has gone to support Gingrich's assorted political projects, including his run for the Republican Party's presidential nomination; a range of so-called pro-Israel organizations in the U.S.; and, Netanyahu's political career.
Right Wing Watch Reports They Have Copy of C. Peter Wagner's Tribute From Delaware Government
Pro-family crowd: Are you serious? Molotov Mitchell hits evangelicals for supporting 'the chubby version' of Clinton
Tebow cancels speech at Ohio revival organized by controversial megachurch pastor Rod Parsley
Tim Tebow has canceled an appearance at a revival organized by a controversial Ohio preacher, a spokesman for the star athlete said Wednesday. The Denver Broncos quarterback and dedicated Christian had been scheduled to speak at a three-day Columbus event in March led by televangelist Rod Parsley.
Gallup state numbers predict huge Obama loss
Gallup released their annual state-by-state presidential approval numbers yesterday, and the results should have 1600 Pennsylvania Avenue very worried. If President Obama carries only those states where he had a net positive approval rating in 2011 (e.g. Michigan where he is up 48 percent to 44 percent), Obama would lose the 2012 election to the Republican nominee 323 electoral votes to 215.
The Two Faces of Newt Gingrich
I’ve certainly had critical things to say about Newt Gingrich, but he proved again Monday night that he’s in possession of some of the greatest skills in American politics. Gingrich was the dominant figure in last night’s debate, in part because of his ability to create fairly dramatic moments, including his confrontation with Fox News’s Juan Williams. The former speaker was energetic, in command of the issues, and sent a jolt of electricity through the audience. He clearly owned the
Mormonism besieged by the modern age
Utah - A religious studies class late last year at Utah State University in Logan, Utah, was unusual for two reasons. The small group of students, faculty and faithful there to hear Mormon Elder Marlin Jensen were openly troubled about the future of their church, asking hard questions. And Jensen was uncharacteristically frank in acknowledging their concerns.
Iran, perceiving threat from West, willing to attack on U.S. soil, U.S. intelligence report finds
U.S. intelligence agencies believe that Iran is prepared to launch terrorist attacks inside the United States in response to perceived threats from America and its allies, the U.S. spy chief said Tuesday.
Texas Pastor Reveals Rift With James MacDonald Over TD Jakes' 'Heresy'
Voddie Baucham, Pastor of Preaching at Grace Family Baptist Church in Spring, Texas, has released a blog post in which he explains why he turned down an invitation to participate in the second round of The Elephant Room, held Jan. 25, and left another conference hosted by James MacDonald without fulfilling his speaking duties.
Worldview Weekend Radio is Adding a Second Hour of Radio Programing
Worldview Weekend Radio is adding a second hour of radio programing starting twice per week. Due to the huge volume of things occurring worldwide we are finding it necessary to add a second hour to our radio program that will only be available to members of the Worldview Weekend Situation Room. Second hour programming will begin next week. In the next few weeks we will be releasing an iPhone, iPad, and Android app for the Situation Room. Click here to join the Worldview Weekend Situation Room. http://www.worldviewweekend.com/secure/store/situationroom/
Wycliffe Canada’s Position on Translating “Father” and “Son of God”
Translation of the familial terms of God in Scripture has unfortunately generated considerable controversy. Because some Canadians may be wondering about the issue, Wycliffe Canada, as a partner with the Canadian church, wants to clearly state its position on this important subject.
Wycliffe Responds: The Wycliffe Global Alliance Speaks to Issues of Contextualization
The Wycliffe Global Alliance organizations and their personnel are not omitting or removing the familial terms, translated in English as “Son of God” or “Father,” from any Scripture translation. Erroneous information and rumors on the internet have recently raised questions concerning this issue. Wycliffe never has and never will be involved in a translation which does not translate these terms. To say that we are removing any familial terms from the Bible is simply not true. Wycliffe continues to be faithful to accurate and clear translation of Scripture. The eternal deity of Jesus Christ and the understanding of Jesus’ relationship with God the Father must be preserved in every translation. Wycliffe personnel from nations around the world are committed to working alongside language communities and other partners to translate God’s Word with great care from the original languages of Scripture into the languages of the world’s people so that all may know the redeeming love and glory of God--Father, Son and Holy Spirit.
Fed’s Running Out of Tools to Boost Economic Growth: Cato’s O’Driscoll
Gold And Silver Strong In January—What Now?
Through the COMEX close on Monday, January 30, the prices of gold and silver had increased more than 10% and 20% over the course of the month. Had these results been realized by any of the major stock indices, you can be sure they would garner headline coverage. But strong markets in gold and silver continue to receive comparatively minimal reporting by the mainstream financial media.
'Israel sees narrowing window for Iran strike'
Israeli officials are quietly conceding that new international sanctions targeting Iran's suspect nuclear program, while welcome, are further constraining Israel's ability to take military action – just as a window of opportunity is closing because Tehran is moving more of its installations underground.
Newt Gingrich sued for using Eye of the Tiger as campaign song
Republican presidential candidate Newt Gingrich faces a lawsuit over his use of Eye of the Tiger, the theme song to the movie Rocky III, court documents show.
Latest Congressional Budget Outlook For 2012-2022 Released, Says Real Unemployment Rate Is 10%
What do the NAR, Consumer Confidence and CBO forecasts have in common? If you said, "they are all completely worthless" you are absolutely correct. Alas, the market needs to "trade" off numbers, which is why the just released CBO numbers apparently are important... And the fact that the CBO predicted negative $2.5 trillion in net debt by 2011 back in 2011 is largely ignored. Anyway, here are some of the highlights.
Congressional Budget Office projects trillion dollar deficits through 2017
The government faces a fourth year of trillion-plus deficits in 2012, according to new projections released Tuesday—numbers which also show little relief in the future unless Washington comes to grips with needed changes in its tax and spending policies.
Fed Won't Admit it - But QE3 is Already in Force
The Fed telling us there is no QE3 is like a vegetarian eating short-rib ravioli or pork eggrolls. Just because you can't 'see' it doesn't mean it's not there.
"Apostle" Dutch Sheets Endorses Newt Gingrich
Sheets will join the coalition led by Christian market researcher, George Barna. It also includes, Pastor Tim LaHaye, Beverly LaHaye, Dr. Jim Garlow, the California pastor behind the Proposition 8 Battle, Congressman J.C. Watts, Don Wildmon of the American Family Association, Dr.Michael Youssef, Pastor Richard Lee, and Mat Staver, Founder and Chairman of Liberty Counsel.
Even The Liberals Get It: Gingrich endorsed by prominent dominionist Dutch Sheets
All indications were that after Rick Perry's flameout, the New Apostolic Reformation was flocking to Newt Gingrich like moths to a flame. Yet more confirmation came earlier today, when one of its most prominent leaders, Dutch Sheets, has endorsed Gingrich.
'Father' and 'Son' Removed From Bible Translations for Muslims
A controversial decision by a number of Bible translation companies to remove the terms "Father" and "Son" from Arabic Bible versions is stirring a debate over the importance of semantics. The words "Father," "Son" and "Holy Spirit" are integral to preserving the true meaning of the Gospel and should never be tampered with, some ministries say. But some Bible translation organizations – such as Wycliffe Bible Translators and the Summer Institute of Linguistics (SIL), have argued that in certain cultures, keeping the literal translation creates the wrong context and does not portray the relationship between God and Jesus Christ correctly.
Hedge Funds Lift Bets to Two-Month High as Rally Accelerates: Commodities
Hedge funds increased wagers on rising commodity prices to the most in two months and the rally in raw materials accelerated as the Federal Reserve pledged to keep borrowing costs low for three more years.
Crude price rises on Iran threat to stop oil sales
Oil prices are rising after Iran lawmakers threatened to halt oil sales to Europe. Benchmark crude on Wednesday rose 36 cents to $99.31 per barrel in New York. Brent crude rose 34 cents to $110.37 per barrel in London.
Starbucks: Legalizing Same-Sex Marriage ‘Is Core to Who We Are and What We Value’
Starbucks, the world’s largest coffee shop chain, added its name to the list of major corporations that have endorsed a gay marriage bill in Washington State, saying the legislation shares the company’s values at its core. The decision was criticized by many conservative, pro-family organizations.
African Union embraces generous Chinese financing
Weakened by chronic infighting and the demise of its long-time financier Moammar Gadhafi, the African Union is turning instead to the embrace of its richest new ally: China.
Why Are the Chinese Buying Record Quantities of Gold?
This month, the Hong Kong Census and Statistics Department reported that China imported 102,779 kilograms of gold from Hong Kong in November, an increase from October’s 86,299 kilograms. Beijing does not release gold trade figures, so for this and other reasons the Hong Kong numbers are considered the best indication of China’s gold imports.
Largest Central Banks Now Hold Over 15 Trillion in Fictitious Capital
I could not help noticing that China’s imports from Japan fell 16.2pc in December. Imports from Taiwan fell 6.2pc. The strong yen strikes again: Honda decides to build a high-performance hybrid Acura in Ohio – instead of its home nation of Japan. The firm’s continued shift in production to North American capacity signals a wider trend of Japan’s automakers to battle currency-related losses by moving operations.
In Case You Still Don't Get It, Here's Why A Greek Default Should Put Fear In Your Heart
It's been two years since a financial crisis erupted in the birthplace of drama, and the final act is still unfinished. A second week of talks in Athens ended Friday with no deal between the country, the European Union and private holders of Greek bonds.
Pat Buchanan: Reagan White House saw Newt as ‘something of a political opportunist’
Over the last week, several people that worked in the Reagan administration have come forward and countered former House Speaker Newt Gingrich’s claim that he is a “Reagan Republican.” These people say Gingrich “wasn’t on board with a lot of what President Ronald Reagan tried to accomplish during his two terms.”
Fed Easing May Harm Long-Term Economic Growth, Warsh Says
Former Federal Reserve Governor Kevin Warsh said the central bank’s record monetary easing may set back the U.S. economic expansion and that he’s concerned policy makers are pushing investors into riskier assets.
I Stand By $140 Silver In 2012
There is a well-established relationship between how silver and gold trade. They often trade similar in the same time period, but also at similar milestones, although those milestones are sometimes reached at different times. This can cause silver or gold to be the leading indicator, depending on the particular milestone.
Matthews: People Who Believe God As The Creator Are "Troglodytes"
MSNBC's Chris Matthews insults those of faith and those who are skeptical of manmade global warming. Transcript below. Chris Matthews: In other words, there is no manmade influence on climate change? Is that your belief, Ron Christie? I didn't know that. Are you out there with the full-mooners on this one?
Is President Obama Creating A Nation Of Dependents?
If the Republican primaries are any indication, one big debate in the upcoming election will be whether President Obama is pushing the country toward a European-style welfare culture.
Romney Mocks Gingrich’s Plans For Moon Base
While appearing in Florida, GOP presidential candidate Newt Gingrich shot for the moon. Gingrich promised that “By the end of my second term, we will have the first permanent base on the moon and it will be American.”
Evangelical speaker: True Christians don’t demonize Mormons, Obama
Mark DeMoss has a message for his fellow evangelicals: You can’t attack and demean Mormons or President Barack Obama and still consider yourself a follower of Jesus Christ.
Dole assails Gingrich in plea to conservatives
Bob Dole, a Mitt Romney supporter and former Republican presidential nominee, issued a scathing statement Thursday blasting Newt Gingrich for being a "one-man-band who rarely took advice.
Gingrich opens door for illegal aliens
Fighting to curry favor with Florida’s large pool of Hispanic voters, Newt Gingrichon Wednesday called for a guest-worker program for most illegal immigrants, but his campaign could not say whether those people would be on a path to citizenship — the key question in the immigration debate.
Federal Mortgage Insurer Headed Toward Collapse
The Federal Housing Administration (FHA) is deeply insolvent and headed toward a financial crash like that of Freddie Mac and Fannie Mae in 2008, according to analysis from the American Enterprise Institute (AEI) released last week.
Ann Coulter: Re-Elect Obama: Vote Newt
To talk with Gingrich supporters is to enter a world where words have no meaning. They denounce Mitt Romney as a candidate being pushed on them by "the Establishment" -- with "the Establishment" defined as anyone who supports Romney or doesn't support Newt.
Gingrich admits ABC claim was false
After nearly a week on the defensive, CNN's John King reports tonight that Newt Gingrich's claim about offering witnesses to ABC News in his defense — to rebut the network's interview with his second wife, Marianne Gingrich — was not true.
Newt Rewrites His Reagan Connection
In 1995, when Newt Gingrich first became speaker of the House, Bob Dole was already on the threshold of becoming the longest-serving Senate Republican leader in U.S. history. Relations between the two GOP leaders, which were never chummy, were not helped by Gingrich's openly disparaging Bob Dole as "the tax collector for the welfare state."
Newt Gingrich: The Establishment’s Conservative
Yet it seems Gingrich is still up to his old tricks. In front of a Tea Party crowd, he expounds the virtues of limited government, but elsewhere he is still the futurist conservative devoted to internationalism. His blog biography brags about his work as Speaker of the House and then boasts of such unconstitutional credentials as serving on the CFR’s Terrorism task force, co-chairing the UN task force to “reform” (i.e., strengthen) the United Nations, and receiving credit for the DHS being his brainchild. “Newt Gingrich is a leading advocate of increased federal funding for basic science research,” reads the bio. Gingrich’s ASWF endorses federal involvement in areas such as energy, education, labor and the environment. He also founded the Center for Health Transformation, which advocates its own version of socialized medicine.
Newt Gingrich: Our Bill Clinton
How long have I been saying it? At least for 15 years, but in private, I have been aware of it longer. Newt Gingrich is conservatism's Bill Clinton, but without the charm. He has acquired wit, but he has all the charm of barbed wire.
Newt and Bill are, of course, 1960s-generation narcissists, and they share the same problems: waywardness and deviancy. Newt, like Bill, has a proclivity for girl-hopping. It's not as egregious as Bill's, but then Newt is not as drop-dead beautiful. His public record is already besmeared with tawdry divorces, and there are private encounters with the fair sex that doubtless will come out. If I have heard of some, you can be sure the Democrats have heard of more.
for at the height of the bitter struggle with the Democratic leadership Gingrich chose to attack . . . Reagan.
The best examples come from a famous floor statement Gingrich made on March 21, 1986. This was right in the middle of the fight over funding for the Nicaraguan contras; the money had been cut off by Congress in 1985, though Reagan got $100 million for this cause in 1986. Here is Gingrich: “Measured against the scale and momentum of the Soviet empire’s challenge, the Reagan administration has failed, is failing, and without a dramatic change in strategy will continue to fail. . . . President Reagan is clearly failing.” Why? This was due partly to “his administration’s weak policies, which are inadequate and will ultimately fail”; partly to CIA, State, and Defense, which “have no strategies to defeat the empire.” But of course “the burden of this failure frankly must be placed first on President Reagan.” Our efforts against the Communists in the Third World were “pathetically incompetent,” so those anti-Communist members of Congress who questioned the $100 million Reagan sought for the Nicaraguan “contra” rebels “are fundamentally right.” Such was Gingrich’s faith in President Reagan that in 1985, he called Reagan’s meeting with Soviet leader Mikhail Gorbachev “the most dangerous summit for the West since Adolf Hitler met with Neville Chamberlain in 1938 in Munich.”
TD Jakes Linked to James MacDonald's Resignation From Gospel Coalition
"Last week James was put under a lot of pressure from leaders of The Gospel Coalition, a reformed group of about 50 pastors he has fellowshipped with for the past few years," the email reads. "They were asking that he pull the plug on Bishop Jakes coming to the Elephant Room (ER) conference."
Why Americans May Pay More for Gasoline This Spring
Gasoline prices could be a bit more costly for U.S. consumers this spring, thanks to the bankruptcy of a European refiner, the industry’s latest casualty. The U.S. east coast already sees the threat of a temporary spike in gasoline to $4 or more per gallon for the summer driving season and could pay some of the highest prices in the nation, due to the shutdown of refining capacity in that market.
Netanyahu: World must stop Iran from conducting second holocaust
Prime Minister Benjamin Netanyahu urged the international community Tuesday to take steps against Iran's nuclear program and "not sit idly by" during any attempt to carry out another Holocaust.
Iran Threatens To Cut Off Oil Shipments To All Of Middle East
The U.S. and Europe are trying to stop Iran, the world's third-biggest oil exporter, from selling crude. Iran's response is to threaten to disrupt shipments from the entire Middle East.
Gingrich backed by casino mogul – Is gambling a family value?
I wonder how many of Newt Gingrich’s family values voters are aware that Gingrich is beholden to Sheldon Adelson, billionaire casino owner. According to these reports, Adelson recently gave Gingrich’s SuperPac $5 million.
Anti-Gambling Group: Gingrich thwarted efforts to regulate gambling
Given the twin $5 million gifts given by gambling mogul and Sands CEO Sheldon Adelson and his wife Miriam, I wondered if reports of Gingrich favoring the industry would emerge. According to an anti-gambling group based in Washington DC, Gingrich did in fact work to remove power from a government commission on gambling.
What Does A Casino Mogul and Pro-Family Leaders Have in Common? Answer: Newt Gingrich
The wife of a casino mogul who contributed $5 million to an independent group supporting Republican presidential candidate Newt Gingrich is matching that contribution, a person with knowledge of the contribution said Monday.
Refiners Win From St Croix Shutdown but Gasoline Could Hit $4 a Gallon in the Near Future
East coast consumers could see the return of $4 gasoline before the rest of the country, as another key refinery serving the region plans to shut down.
One Million Homeowners May Get Mortgage Writedowns
About one million American homeowners would get writedowns in the size of their mortgages under a proposed deal with banks over shady foreclosure practices, U.S. Housing and Urban Development Secretary Shaun Donovan said Wednesday.
Supreme Court: GPS devices equivalent of a search, police must get warrant
In a rare defeat for law enforcement, the Supreme Court unanimously agreed on Monday to bar police from installing GPS technology to track suspects without first getting a judge's approval. The justices made clear it wouldn't be their final word on increasingly advanced high-tech surveillance of Americans. Indicating they will be monitoring the growing use of such technology, five justices said they could see constitutional and privacy problems with police using many kinds of electronic surveillance for long-term tracking of citizens' movements without warrants.
Russia sells dozens of combat aircraft to Damascus
In defiance of international efforts to topple President Bashar Assad, Russia announced on Monday it signed a $550 million deal to sell 36 combat aircraft to Syria. According to a report in Russia’s Kommersant, the deal for the Yak-130 aircraft was signed in December.
Benjamin Netanyahu renews speculation over military action against Iran
Benjamin Netanyahu has renewed speculation that he is considering military action against Iran after he was accused of attempting to appoint a pro-war officer as head of the Israeli air force.
'Reformer' Gingrich embodies what is wrong with Washington.
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Editorials
Basking in his big victory in the South Carolina primary on Saturday, Newt Gingrich modestly acknowledged that he was not the main reason for his win: "People completely misunderstand what is going on. It's not that I'm a good debater, it's just that I articulate the deeply held values of the American people." Gingrich is right, of course; he does do a superb job of talking about Americans' most deeply held values. The problem is that Gingrich has not practiced them in his professional life. He exemplifies what is wrong with Washington in both parties -- professional politicians say all the right things, but they keep doing the wrong things.
Sinclair: Gold’s bull market in 2012 is guaranteed ...central banks have no tool in their tool box other than moving, now, from national to global QE.
With gold remaining firm above $1,650, today King World News interviewed legendary Jim Sinclair, to get his take on where things are headed. Sinclair surprised KWN by telling us there would be a run, by European countries, on the gold they have stored at the New York Fed. Here is what Sinclair had to say when we asked him if the IMF would be selling any gold: “No. The role of gold has changed and gold is moving more toward the central bank then away from it. On top of that you have seen a significant amount of media attention towards, ‘Where is our gold?’ This is taking place in the European press.”
Gingrich Not a Conservative but 'Opportunist' Like Romney, Says Scarborough
"He uses this resentment, politics of grievance, to actually hide a record that you can identify very quickly on Google," said Scarborough, currently the host of "Morning Joe" on MSNBC.
Investors: Should You Plan For An Economic Meltdown?
Kevin McElroy: Does the market feel calm to you? Probably. The fastest way to measure “fear” in the market is to look at the Volatility Index – usually abbreviated VIX.
What To Expect: QE3, $2,200 Gold, and The Trillion Dollar Bazooka
Peter Krauth: It’s the beginning of a new year, and there’s no shortage of big headlines… Europe is on the financial brink, Iran is a powder keg, and precious metals like gold have retreated. It’s also a time when there is no shortage of financial forecasts
Nickel will outperform Gold in next 12 months: Deutsche Bank
NEW YORK (Commodity Online):Nickel has been one of the worst performing metals at the London Metal Exchange (LME) for the past several months. But with prices at their lows and a possible surge in buying in the vicinity, prices may stage a strong rebound. In fact, nickel could very weel outperform Gold in coming months.
European banks prepare for worst, hoard cash
European banks are preparing for a potential worsening of the region's sovereign and banking crisis, with many firms stockpiling cash and cutting back on loans to new clients as they seek to protect themselves against a possible seizing-up of financial markets.
US miffed as Israel hints at unilateral strike on Iran N-sites
LONDON: Israel could launch a unilateral strike on Iran's nuclear facilities without much prior notice to its closest ally for over 60 year, US, according to information reaching here from Tel Aviv.
Fed's Latest Easing Could Cost $1 Trillion: Economists
The Federal Reserve is likely to step in with $1 trillion worth of easing that could be announced as soon as this month, according to a growing consensus of economists who see the recent uptick in economic growth as unsustainable.
Davos elites to seek reforms of 'outdated' capitalism
Economic and political elites meeting this week at the Swiss resort of Davos will be asked to urgently find ways to reform a capitalist system that has been described as "outdated and crumbling."
Obama Defends Roe v. Wade As Way for ‘Our Daughters’ to Have Same Chance As Sons to ‘Fulfill Their Dreams’
President Barack Obama says the 39th anniversary of Roe v. Wade is the chance to recognize the “fundamental constitutional right” to abortion and to “continue our efforts to ensure that our daughters have the same rights, freedoms, and opportunities as our sons to fulfill their dreams.”
TSA detains Sen. Rand Paul in Nashville
Kentucky Republican Sen. Rand Paul’s press secretary Moira Bagley tweeted on Monday that Transportation Security Administration officials were detaining her boss in Nashville, Tenn.
Newt Gingrich's big, slobbering mutual love affair with the elite media
Newt Gingrich hates the media, right? He unloaded on John King at the Charleston debate for raising this issue of his ex-wife's allegations, blasting the "destructive, vicious, negative nature of much of the news media". In Myrtle Beach, he slapped Juan Williams down for asking a race-based question. And the media despises Newt, right? He's so sarcastic and condescending towards us, brands us as elite liberals and uses us to whip up the Republican base.
Coulter: ‘With Newt Gingrich you throw out the baby and keep the bath water’ [VIDEO]
On a Sunday morning appearance on “Fox & Friends,” conservative columnist Ann Coulter explained why Romney fell short in the South Carolina GOP presidential primary, blaming the priorities of South Carolina voters for Gingrich’s success.
Iowa GOP declares Santorum winner of caucuses
The old adage, 'Better late than never' would suitably fit the scenario GOP presidential candidate Rick Santorum now finds himself in on the eve of the South Carolina primary.
Weeks after the January 3rd Iowa Caucuses and after they announced rival Mitt Romney as the apparent winner by 8 votes, the Iowa Republican party sent out an email late Friday affirming that the former Pennsylvania senator was the new victor of the first in the nation vote.
Gingrich Surges to Win in South Carolina GOP Primary
Newt Gingrich has won the South Carolina Republican primary, Fox News projects, further scrambling an already volatile primary race that has produced three different winners in three states.
Egypt's Islamists win 75 percent of parliament
Final results on Saturday showed that Islamist parties won nearly three-quarters of the seats in parliament in Egypt's first elections since the ouster of authoritarian president Hosni Mubarak, according to election officials and political groups.
President Newt? Not Likely But Scary
Former House Speaker Newt Gingrich finished an astonishing comeback Saturday night to defeat front-runner Mitt Romney in South Carolina, plunging the Republican Party into a wrenching and potentially lengthy period of soul-searching: Can either of these jokers beat President Obama?
Humiliated and humbled, Romney remains the front-runner for the GOP nomination and, by all conventional measures, is best equipped to push Obama from office. But he has now lost two of three races and leaves South Carolina as a tarnished brand: Equivocations over his tax filings and tone-deaf comments about his wealth and status played into Democratic plans to portray Romney as a cold-hearted, flip-flopping, fat cat who would say or do anything to get elected.
In 2006, Gingrich backed censoring the web
At Thursday night's debate in South Carolina, Newt Gingrich painted himself as a friend of a free and open Internet, but in the past he's talked up pretty radical proposals to curtail free speech online. The question Thursday was about the Stop Online Piracy Act, legislation that has the support of the entertainment industry and powerful members of the House and Senate, but is now on life support after running into a firestorm of criticism from Internet users, tech companies like Google, and activists who shut down websites in protest earlier this week.
John Williams: No Way Out–Hyperinflation by 2014
Jim welcomes back John Williams from Shadow Government Statistics. John sees no way to avoid hyperinflation, as some of the warning signs are getting worse: rising real inflation rates, massive Fed monetization, foreign nations dumping dollars, and the US losing its triple A credit rating.
China gets jump on U.S. for Brazil’s oil
Off the coast of Rio de Janeiro — below a mile of water and two miles of shifting rock, sand and salt — is an ultradeep sea of oil that could turn Brazil into the world’s fourth-largest oil producer, behind Russia, Saudi Arabia and the United States.
Canada Pledges to Sell Oil to Asia After Obama Rejects Keystone Pipeline
President Barack Obama’s decision yesterday to reject a permit for TransCanada Corp.’s Keystone XL oil pipeline may prompt Canada to turn to China for oil exports.
Prime Minister Stephen Harper, in a telephone call yesterday, told Obama “Canada will continue to work to diversify its energy exports,” according to details provided by Harper’s office. Canadian Natural Resource Minister Joe Oliver said relying less on the U.S. would help strengthen the country’s “financial security.”
Gingrich cuts off reporters when asked about ex-wife's open marriage claims
Newt Gingrich abruptly ended a news conference Thursday when pressed on his extramarital affairs.
“I’m not going to say anything about Marianne,” Gingrich said with an edge to his voice as he was pressed with questions about an explosive interview his ex-wife Marianne Gingrich has given to ABC. Marianne Gingrich claimed her former husband asked her for an “open marriage” so he could continue a romantic involvement with a congressional aide who eventually became his third wife, Callista Gingrich.
Marianne Gingrich, Newt’s ex-wife, says he wanted ‘open marriage’
Presidential candidate Newt Gingrich in 1999 asked his second wife for an “open marriage” or a divorce at the same time he was giving speeches around the country on family and religious values, his former wife, Marianne, told The Washington Post on Thursday.Marianne Gingrich said she first heard from the former speaker about the divorce request as she was waiting in the home of her mother on May 11, 1999, her mother’s 84th birthday. Over the phone, as she was having dinner with her mother, Newt Gingrich said, “I want a divorce.”
U.S. gun industry appeals new rifle reporting rules
The gun industry on Monday appealed a U.S. judge's decision to uphold new Obama administration regulations requiring gun dealers in four states bordering Mexico to report the sales of multiple semi-automatic rifles.
Hackers disrupt Tel Aviv Stock Exchange and El Al
Pro-Palestinian computer hackers disrupted the websites of the Tel Aviv Stock Exchange and El Al, Israel's national carrier, on Monday, escalating a Middle East cyber war.
What the Next Decade Holds for Commodities
What a decade! A rapidly urbanizing global population driven by tremendous growth in emerging markets has sent commodities on quite a run over the past 10 years. If you annualized the returns since 2002, you find that all 14 commodities are in positive territory.
Investors: All You Need To Know About Iran, $200 Oil, and $6.00 Gas Prices
Jason Simpkins: If you’re unsettled by the thought of gasoline at $4.00 a gallon, brace yourself. With tensions between Iran and the West quickly escalating, we could see gas jump to $6.00 a gallon at the pump in a matter of months.
Four reasons why the Web hates the U.S. anti-piracy acts
The World Wide Web is going to feel a lot less wide on Wednesday. For a span of 12 hours, some of the Internet’s most popular sites – including Wikipedia, Reddit and the Internet Archive – will go dark, inaccessible to the tens of millions of users who visit every day.
What is SOPA?
If you think SOPA sounds like Mexican soup and PIPA is the fetching sister of a certain princess, you can be excused for wondering why Wikipedia, Reddit and thousands of other websites are blacking out in protest Wednesday.
SOPA on life support after web protests, White House and GOP rebellion
Controversial anti-piracy legislation, already on life support in the House, is now in serious doubt in the Senate, where the confluence of a Republican rump rebellion, White House concerns and a Wednesday blackout by Wikipedia, Mozilla and other big-name websites is enough to give some senators second thoughts.
Treasury dips into pension funds to avoid debt
The Treasury on Tuesday started dipping into federal pension funds in order to give the Obama administration more credit to pay government bills.
'Drill not canceled out of political concerns'
Israeli Ambassador to the US Michael Oren addressed a recent decision by Israel and the US to postpone a missile defense drill originally scheduled for April, saying that it "stemmed solely from technical issues," early Wednesday morning.
"Such postponements are routine and do not reflect political or strategic concerns," he said. "The United States and Israel remain committed to holding the exercise - code-named Austere Challenge 12 - the largest and most robust in their historic alliance."
TSA apologizes to elderly women for strip search at Kennedy Airport
Lenore Zimmerman (top photo) and Ruth Sherman (bottom) are still fuming after being subjected to humiliating strip searches at Kennedy Airport in December. The TSA says its screeners screwed up. In an about-face, the feds have admitted wrongdoing in the cases of two elderly women who say they were strip-searched at Kennedy Airport by overzealous screeners.
FDIC Requires Big Banks to Have Breakup Plan
The largest banks must show how they would break up their assets if they were in danger of failing, under a rule approved Tuesday. The Federal Deposit Insurance Corp voted to require banks with $50 billion or more in assets to submit so-called living wills. Seven banks with more than $250 billion in assets will have to show their plans by July. The other 30 affected by the rule have until 2013.
Source: Online protest threatens piracy bill
The growing Internet protest–including a planned blackout by some websites Wednesday– against an online anti-piracy bill moving through Congress is "daunting," a Senate Democratic aide said Tuesday.
Schiff: U.S. is In Worse Shape Than Europe
'Smart TVs' offer new windows onto Internet
The world’s obsession with tapping into the Internet is being played out on the biggest screen in the house, with software startups, TV makers, and technology titans such as Google and Microsoft adding momentum to the trend.
FM: Iran is trying to take control of Gulf region
Iran is trying to exert its control over the Gulf region through its aggressive energy policies, Foreign Minister Avigdor Lieberman told Israel Radio Monday morning, after Iran threatened its Gulf neighbors that they would suffer consequences should they raise oil output to replace Iranian crude facing an international ban.
IDF preparing for major Gaza action within months
Concern growing over anti-tank missile smuggling into Strip; senior officer says Hamas, Islamic Jihad have increased weaponry.
Israel 'waging covert war on Iran'
A report released this week claims agents from Israel's spy agency Mossad posed as CIA officers in 2008 in order to recruit people to carry out attacks and assassinations against Iranian officials.
I read the Holy Quran everyday: Tony Blair
In a startling revelation during an interview to The Observer magazine, the former British Prime Minister Tony Blair confessed to reading the Holy Quran, the holy scripture for the 1.5 billion global Muslim population, as reported by the Daily Mail.
Blair, who was famously reluctant to discuss his faith during his time in office, converted to Catholicism months after leaving 10 Downing Street in 2007, and set up the ‘Tony Blair Faith Foundation’, to promote respect and understanding between the major religions.
In the interview, he said “I read the Bible every day. I read the Quran every day, partly to understand some of the things happening in the world, but mainly just because it is immensely instructive.”
CURL: Goodbye, Newt, and good riddance
Anyone who knows Newt Gingrich knows that Newt Gingrich is — and always has been — all about Newt Gingrich. Newt Gingrich doesn’t give a d--- about the Republican Party. And Newt Gingrich sure doesn’t care about ousting President Obama, unless he’s doing the ousting. If Newt Gingrich can’t be the nominee, then Newt Gingrich will burn the whole place to the ground.
Gingrich on Romney: Why Nominate a Loser?
“Why would you want to nominate the guy who lost to the guy who lost to Obama?” Gingrich asked a lively crowd at the Rioz Brazilian Steakhouse, referring to Romney’s loss to eventual nominee John McCain in the 2008 primaries. He said the GOP establishment “can't argue his record in Massachusetts because he's too liberal,” so they are making the electability case.
CNN Poll: Obama tied with Romney & Paul in November showdowns
Mitt Romney is all tied up with President Barack Obama in a likely general election matchup, with the president showing signs of weakness on the economy and Romney seen as out of touch with ordinary Americans, according to a new national survey.
S&P downgrades eurozone bail-out fund
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Standard & Poor’s on Monday stripped the eurozone’s bail-out fund of its AAA credit rating, potentially constraining its ability to contain the region’s debt crisis and focusing attention on efforts to create a more robust successor.
U.S. army chief heads to Israel as fears over attack on Iran mount
Gen. Martin Dempsey, chairman of the U.S. Joint Chiefs of Staff, is scheduled to arrive in Israel on Thursday for talks with Defense Minister Ehud Barak, Chief of Staff Lt. Gen. Benny Gantz, and other senior defense and intelligence officials.
U.S. defense leaders are increasingly concerned that Israel is preparing to take military action against Iran
President Barack Obama, Defense Secretary Leon Panetta and other top officials have delivered a string of private messages to Israeli leaders warning about the dire consequences of a strike. The U.S. wants Israel to give more time for the effects of sanctions and other measures intended to force Iran to abandon its perceived efforts to build nuclear weapons.
Officials: 3 killed, scores missing after cruise ship runs aground off Italy
At least three people were killed and scores remain unaccounted for as a giant cruise ship keeled onto its side after running aground near the Italian island of Giglio on Friday night, local emergency officials said Saturday.
Five European Nations to Be Downgraded by S&P: Report
Standard & Poor's will cut the credit ratings of Italy, Spain and Portugal by two notches and downgrade France and Austria by one notch, a French newspaper said Friday, without citing its sources.
Ron Paul's Investments Reveal He Really Believes He What He is Saying
Twenty-one percent of his $2.4 to $5.5 million was in real estate, 14 percent in cash. He owns no bonds. Only 0.1 percent is invested in stocks, and Paul bought these “short,” betting the price will plunge. Every other nickel is sunk into gold and silver mining companies.
Tim LaHaye Endorses Newt Gingrich for President
Pastor Tim LaHaye has endorsed Newt Gingrich for president, and will be joining his Gingrich Faith Leaders Coalition as a national co-chair.
Tim and Beverly LaHaye Will Endorse Newt Gingrich
The Brody File has learned that Newt Gingrich will receive an endorsement from Evangelical figures Tim and Beverly LaHaye. The announcement and more details are coming shortly.
Central Banks 'Printing Money Like Gangbusters': Gross
The world's central banks are "printing money like gangbusters," which could revive the threat of inflation , Pimco founder Bill Gross told CNBC Wednesday.
U.S. boosts its military presence in Persian Gulf
The Pentagon quietly shifted combat troops and warships to the Middle East after the top American commander in the region warned that he needed additional forces to deal with Iran and other potential threats, U.S. officials said.
David Wolman: A universal currency could end the financial crisis
Despite all the evidence that it could never work (we're looking at you, euro zone), the idea of a universal currency just won't die. Thanks to the debt crisis, some Greek officials are contemplating dumping the common currency for the drachma. Meanwhile, Italy and Spain teeter. A decade after the shared currency was heralded as a 21st-century tool for peace and prosperity, it turns out that currency unions aren't such a hot idea.
Greece euro exit worse than catastrophic - Toscafund
A Greek exit from the euro zone would be worse than catastrophic and could provoke greater social unrest, Zimbabwe-style inflation and a military coup, said London-based hedge fund firm Toscafund.
Cent, Nickel, and $1 Coins Chart Uncertain Future
Despite an increase in net income and seigniorage for 2011, the US Mint transferred $51 million to the Treasury General Fund, sharply lower than the $388 transferred in the prior year. Additional cash was held in reserve due to uncertainties in future cash flow from circulating coin operations. These uncertainties stem from the continuing losses generated by the production of the cent and nickel and an anticipated reduction in seigniorage following the suspension of production of Presidential Dollars.
Top U.S. official meets with Egypt's Muslim Brotherhood
The number two official in the U.S. State Department met with a leader of Egypt's Muslim Brotherhood on Wednesday but chose not to see a more hardline Islamist group that has also fared well in Egypt's first free legislative vote in decades.
'Hezbollah, Iran providing weaponry to Assad'
Iran and Hezbollah are actively assisting Syrian President Bashar Assad and providing him with weaponry as part of an effort to ensure that he survives in the face of growing resistance and protests, head of Military Intelligence Maj.-Gen. Aviv Kochavi said on Wednesday.
Fitch warns of 'cataclysmic' euro collapse
The European Central Bank should ramp up its buying of troubled euro zone debt to support Italy and prevent a "cataclysmic" collapse of the euro, David Riley, the head of sovereign ratings for Fitch, has warned.
Dollar power on the wane, new reserve system likely : Stiglitz
The days of the US dollar as a global currency, with its overarching charisma as a brand to measure everything from hamburger prices to trade between remote nations could be on the wane, says Nobel-prize winning Joseph Stiglitz. Stiglitz expects a new world reserve system to evolve at the next meeting of the G-20 group of the world’s leading economies.
China's collapse 'will bring economic crisis to climax in 2012'
A looming hard landing in China will bring the financial and economic crisis of the past five years to a climax in 2012, one of the City of London's leading analysts has warned. Albert Edwards, head of strategy at Société Générale and one of the UK's leading "bears", said the next 12 months would be the "final year of pain and disappointment".
Supreme Court Backs Church in Landmark Religious Liberty Case
The government must stay out of hiring and firing decisions by a religious organization, even if a minister sues for employment discrimination, the Supreme Court ruled on Wednesday. Religious freedom groups praised the decision, and especially the fact that it came from a unanimous court.
12 Infected With New Swine Flu Strain
The days of medical masks at airports and widespread panic may be coming back—that's because at least 12 humans are believed to have been infected with a new strain of swine flu that's not covered by this season's vaccine.
Barkley on Tebow: 'The national nightmare continues'
Charles Barkley may be in the process of slimming down his waistline thanks to his Weight Watchers scam, but there's one thing a diet won't cure -- his big mouth. The Round Mound of Rebound is back at it, and this time he's flapping his gums about what else, Denver Broncos quarterback Tim Tebow.
Bethlehem to Host Church Conference Which Demonizes Israel
Next March, the Bible College in Bethlehem will host dozens of US theologians, activists and ministries for the “Christ at the Checkpoint 2012 Conference”. It is to be a major religious and political event meant to demonize Israel and to support the Palestinian Intifada against the “ethnocentric” Jewish State.
Bernanke Doubles Down on Fed Mortgage Bet
Ben S. Bernanke is signaling his willingness to double down on a three-year bet that’s failed to revive housing, showing the extent of the Federal Reserve chairman’s effort to wrest a recovery from the deepest recession.
Appeals court upholds stay of Oklahoma ban on Islamic law
An amendment that would ban Oklahoma courts from considering international or Islamic law discriminates against religions and a Muslim community leader has the right to challenge its constitutionality, a federal appeals court said Tuesday.
Iran, West approaching 'turning point' in 2012, officials warn
War games. Threats to close a key oil passageway and block a U.S. aircraft carrier from returning to the Persian Gulf. An American sentenced to death in Tehran, accused of spying. And now a breakthrough in Iran's nuclear program.
Mitt Romney captures N.H., Ron Paul secures second
MANCHESTER, N.H. — In a GOP one-two punch, Mitt Romney has captured the New Hampshire presidential primary tonight just minutes after the polls closed and a week after he won the Iowa caucuses.
Tri-Faith Project to construct multi-million dollar interfaith complex in America's heartland
The similarities between the three Abrahamic faiths of Judaism, Christianity and Islam are well known to those who study each religion, but many people practicing these faiths are not quite as aware.
As home prices fall, more borrowers walk away
When David Martin and his wife bought their north Seattle condo five years ago, they figured they had plenty of time to downsize if they needed to before they retired. Now, with the property worth roughly $60,000 less than the balance of their mortgage, Martin, 68, has been giving serious thought to just walking away, a process lenders call "strategic default."
People Want More Coins, That's A Good Sign For The Economy
All the instability in the global economy this year has been good for the United States Mint. People in search of a safe place to put their money have been buying gold and silver coins in record numbers.
Government Set to Sell Foreclosures in Bulk
The Obama administration, in conjunction with federal regulators and led by the overseer of Fannie Mae and Freddie Mac, is very close to announcing a pilot program to sell government-owned foreclosures in bulk to investors as rentals, according to administration officials.
Almost 1 In 3 U.S. Warplanes Is a Robot
Remember when the military actually put human beings in the cockpits of its planes? They still do, but in far fewer numbers. According to a new congressional report acquired by Danger Room, drones now account for 31 percent of all military aircraft.
Ahmadinejad, Chavez mock US, joke about bomb
Iranian President Mahmoud Ahmadinejad and Venezuela's Hugo Chavez lavished each other with praise on Monday, mocked US disapproval and joked about having an atomic bomb at their disposal. "Despite those arrogant people who do not wish us to be together, we will unite forever," the Iranian president told socialist leader Chavez at the start of a visit to four left-leaning Latin American nations.
Pat Buchanan: Republican candidates' circular firing squard plays into Dems' script
There still exists a possibility that, come Jan. 20, 2013, we could have a Republican Senate and House, and a Republican president. But there is also a possibility that a Goldwater-Rockefeller-type family bloodletting could sunder the party and kick it all away.
Rep. Allen West: GOP Leaders ‘Sold us Down the Road’ on Payroll Tax Cut
Rep. Allen West (R-Fla.), a Tea Party favorite, talking about the deal to extend payroll tax cut brokered by House leadership and the White House, said that the GOP House leadership had caved in to Senate GOP leaders, who “sold us down the road” for “pathetic politics” in the form of a two-month extension.
Pedophilia Added to Greece’s Recognized Disability List
Greek disabled groups are angry at a government decision to expand a list of state-recognized disability categories to include pedophiles, exhibitionists and kleptomaniacs.
Mark Driscoll's 'Real Marriage' Draws Controversy for 'Invasive' Sex Talk
Mars Hill Church pastor Mark Driscoll, along with wife Grace, recently released Real Marriage: The Truth About Sex, Friendship, and Life Together, which discusses everything from date nights to tricky "can we do that?" sex questions. The book has been met with praise and criticism alike.
'Sexperiment:' Pastor, Wife to Spend 24 Hours in Bed on Church Roof
Ed and Lisa Young, founders of Texas-based Fellowship Church, will spend 24 hours in bed on the church roof next week and stream themselves discussing sex live on the Internet to encourage married couples to see firsthand the power of a healthy sex life as prescribed in their new book, Sexperiment.
1793 penny fetches $1.38M at Fla. auction; copper coin from 1st year that US made own coins
A once-cent copper coin from the earliest days of the U.S. Mint in 1793 has sold for a record $1.38 million at a Florida auction. James Halperin of Texas-based Heritage Auctions told The Associated Press on Saturday that the sale was “the most a United States copper coin has ever sold for at auction.” The coin was made at the Mint in Philadelphia in 1793, the first year that the U.S. made its own coins.
Why Rising Debt Will Lead to $10,000 Gold
Good afternoon, it’s a pleasure to speak about gold at this Outlook for 2012.
Today, I’d like to focus on one important idea: the direct relationship between the rising price of gold and the rising levels of government debt that result in currency debasement. Since we measure investment performance in currencies a clear understanding of the outlook for currencies is critical.
Gold Jumps As Citi Says Gold Sell Off Over, Reiterates $2400 Target
Wondering why gold has moved by over $20 in the last few minues? Wonder no more - according to a note just released by Citi analyst Tom Fitzpatrick, the gold correction "has run its course and a rally is now back on the cards." Granted it is not all smooth sailing - "Gold may drop to $1,550 before turning", but when the turn comes, Fitzpatrick sees it as going all the way up to $2,400. He has the following technical observations: "Only a weekly close below $1,535/oz means corrections may be deeper." The result can be seen on the chart below. Incidentally this is a 1:24 scale replica of what will happen once the Fed and ECB proceed with the only logical step which is doing what they do best. Unless, of course, the plan is to have a modest war in the middle east to distract everyone from the economy. Because we have never seen that movie before.
These 8 Analysts See Gold Going to $3,000 – $10,000 in 2012! Here’s Why
Back in 2009 I began keeping track of those financial analysts, economists, academics and commentators who were of the opinion that it was just a matter of time before gold reached a parabolic peak price well in excess of the prevailing price. As time passed the list grew dramatically and at last count numbered 140 such individuals who have gone on record as saying that gold will go to at least $3,000 – and as high as $20,000 – before the gold bubble finally pops. Of more immediate interest, however, is that 8 of those individuals believe gold will reach its parabolic peak price in the next 12 months – even as early as February, 2012. This article identifies those 8 and outlines their rationale for reaching their individual price expectations. Words: 1450
Global Economy Could Endure Disaster For a Week
The global economy could withstand widespread disruption from a natural disaster or attack by militants for only a week as governments and businesses are not sufficiently prepared to deal with unexpected events, a report by a respected think-tank said.
Report: Russian naval force arrives at Syria port in 'show of solidarity'
A large Russian naval force arrived at the Syrian port city of Tartus, the French AFP news agency reported on Sunday, in what the regime of President Bashar Assad is calling a show of "friendship."
Iran Has Ability to Block Strait of Hormuz, U.S. General Dempsey Tells CBS
Iran has the ability to block the Strait of Hormuz “for a period of time,” and the U.S. would take action to reopen it, Joint Chiefs of Staff chairman General Martin Dempsey said.
Perry: Go back to Iraq
Rick Perry endorsed deploying American forces to Iraq again in Saturday night’s GOP debate, saying that the United States cannot afford to “allow the Iranians to come back into Iraq and take over that country.” The Texas governor accused President Barack Obama of cutting and running from the conflict in Iraq too early, in order to placate Democrats.
Never Underestimate the Desperation of a Broke(n) Government
"We’re in a situation where the budget deficits are just blowing out, and its going to get much worse. And so what’s happening is that instead of dealing with the issues the government is going to be much more aggressive to tax people, chase them down, and put them in prison. All kinds of crazy stuff. This new act that came in December 19th—effectively they are telling any foreign corporation that they must report any activity with an American overseas. And what they’re going to do to them is what they did to UBS. If they don’t comply, they will confiscate all their assets here. So, honestly, from an international perspective, the best advice I could tell people is to get out. If you’re going to do business in the United States, use an agent. Get your branches out of this country. It’s going to get far worse."
Fearful Investors Stash Money in Luxury Goods
The uncertain financial markets and the euro crisis have left many Germans feeling nervous. Worried about the security of their savings accounts, increasing numbers of people are deciding they would rather invest in material goods like art, vintage cars and real estate instead. But experts warn that nothing is 100 percent safe any more.
Iran, Israel and US plan Gulf exercises
Tension in the oil shipping lanes of the Gulf looks set to intensify amid indications that Iran, Israel and the US will hold military exercises designed to test weaponry and tactics.
Vote-count claim could change Iowa winner
The outcome of Tuesday’s Iowa caucuses was thrown into question Thursday after reports of a discrepancy in the vote count in one rural precinct that could swing the result in Rick Santorum‘s favor.
Religious Right Leaders Reject New Religious Right Meeting as Not Productive
Two prominent leaders of conservative organizations have confirmed they are not attending and several others are expressing concern that nothing substantial or productive will come from the gathering.
Fed Will Be Forced to Ease Again Soon: Morgan Stanley
Morgan Stanley is predicting that the economy will slow dramatically in early 2012, which it thinks will prompt another round of Fed asset purchases.
California Public School Kids Now Required to Study Contributions of LGBT Americans
On Jan. 1, the California Department of Education started implementing a new law that requires all children in the state’s public schools to study the “role and contributions” of “lesbian, gay, bisexual, and transgender Americans” to the “development of California and the United States of America.”
OBAMA TO SHARE SECRETS
President Obama signaled Congress this week that he is prepared to share U.S. missile defense secrets with Russia.
Rubio in letter to Obama: You are turning America into a 'deadbeat nation'
In a scathing letter to sent to Barack Obama this morning, Senator Marco Rubio said that under the President’s first term in office, “more and more people have come to believe that America is becoming a deadbeat nation.”
Mark Levin: 'We Have a Constitutional Crisis'
On his radio show last night, Mark Levin said that President Barack Obama has caused a “constitutional crisis” by appointing members to the National Labor Relations Board and a director to the Consumer Financial Protection Bureau without going through the constitutionally required Senate confirmation process.
Odd allies: Gingrich, Obama align in attacks on Romney
Republican presidential candidate Newt Gingrich, angry over his poor performance in the Iowa caucuses, may have a new and unlikely partner in his quest to tarnish rival Mitt Romney: President Barack Obama.
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