Monday, July 25, 2011

Obama’s Dangerous Debt Ceiling Strategy

Heritage  "Never mind that the financial security of hundreds of millions of Americans and others would be injured in the process. The Administration needs what it has already dubbed “the Boehner drop”—named after Republican Speaker of the House John Boehner—to try to get its way in the debt ceiling negotiations.
"The attempt by senior members of the Administration, including Treasury Secretary Timothy Geithner, to make markets even more nervous than they are was noticed by other journalists. Veteran financial journalist Charles Gasparino vented his frustration on ABC’s This Week with Christian Amanpour by saying “it’s irresponsible for Geithner to go out there to talk about default. If he’s worried about the Asian markets tonight, why does he mention default? We are not going to default. We have cash on hand to pay bond holders.”
"But that is the political game the White House is playing—and it’s a dangerous one. Investment adviser James Rickards wrote to Politico‘s Playbook, “Geithner and Obama are foolish to try to ‘scare’ markets over the debt ceiling. Markets are already scared. They’re looking for reassurance and a more mature dialogue.”  Emphasis added.

The Manifesto Behind the Horror in Norway

The Weekly Standard  "The Norwegian terrorist seems to have penned a long Unabomber-style manifesto, "2083: A European Declaration of Indpendence," which can be downloaded, for now at least, at   this link.
"The author is listed as "Andrew Berwick," which seems to be an anglicized pen name for Anders Breivik. But Mein Kampf may be a better analogy than the Unabomber manifesto. The man is a mass-murdering sociopath, responsible for a horrific bloodbath yesterday. He is an extremist, but he is not incoherent. Here is part of a long Q&A from the manuscript, in which he attempts to justify his radicalization:"



Taliban hangs 8 year old boy in Afghanistan

Rick Moran  " 'An 8 year-old boy was hanged by militants in Afghanistan's Helmand province after the boy's father -- a police officer in the southern city of Gereshk -- refused to comply with militants' demands to provide them with a police vehicle, officials said.' "
....
"Needless to say they are barbarians. And they are winning."

Obama and the left want to cede the battle to these people. Code Pink and their yokefellows of the anti-war movement praise the Taliban for killing American soldiers.  "For years, Code Pink has viciously harassed wounded veterans and their families outside Walter Reed Hospital, even telling the mother of a slain Navy Seal that her son "deserved to die." Code Pink actively supports terror groups such as Hamas, the Muslim Brotherhood, the Taliban, Hezbollah and al Qaeda."