Saturday, May 8, 2010

Origin of Wall Street’s Plunge Continues to Elude Officials

Ny Times "Through the day and into the evening, officials from the Securities and Exchange Commission and other federal agencies hunted for clues amid a tangle of electronic trading records from the nation’s increasingly high-tech exchanges. But, maddeningly, the cause or causes of the market’s wild swing remained elusive, leaving what amounts to a $1 trillion question mark hanging over the world’s largest, and most celebrated, stock market."

Brutal: Arizona governor’s ad hammers Obama on immigration

Hot Air "This makes two jokes now from the White House Correspondents Dinner that have come back to haunt him. Think he’ll be more self-deprecating next year or is he psychologically incapable of that?"  More here: Arizona Gov. Jan Brewer Rejects Schumer's Plea to Delay Immigration Law : "Brewer insisted in an op-ed this week that the boycotts in protest of the law are misguided and that Arizona had no choice but to act in the absence of federal reform. President Obama said earlier this week that Washington should start working on immigration reform this year."

Black Conservatives: The New Face of the GOP

CBN "Actor and author Joseph C. Phillips believes the Republican Party has always been a natural fit for the black community. Conservative principles, he points out, were the foundation of the Civil Rights Movement. "

Cook Political Report

Cook Political.com "May 4 Primary Wrap Up: Voters in Indiana, North Carolina and Ohio went to the polls on Tuesday to select nominees. Much to the relief of both parties, there were no surprises. Republicans got their candidate in Indiana in former Sen. Dan Coats, while Democrats are pleased that Lt. Gov. Lee Fisher won the nomination in Ohio. Both have similar challenges ahead, not the least of which is replenishing campaign coffers. In North Carolina, Democrats have a June 22 run-off between Secretary of State Elaine Marshall and former state Sen. Cal Cunningham to determine who will face GOP incumbent Sen. Richard Burr in November. "

Mike Ramirez cartoon

http://townhall.com/cartoons/cartoonist/MichaelRamirez

Obama Loses Americans’ Confidence

Jennifer Rubin "...he lost the voters’ confidence. Perhaps saying so many things that aren’t so — ObamaCare would save money, the relationship with Israel is rock-solid, George W. Bush is responsible for the deficit — wasn’t the best idea. Over time he has frittered away the precious commodity of presidential credibility. And maybe the public simply doesn’t buy the holier-than-thou routine from Obama (in which he is civil while others are not, he is nonpartisan while others are craven hacks). They now see him as a big-government partisan liberal who hasn’t fixed the economy."

GOP: Dry up will to cross border

Dick Morris "But Obama will not take the step that could end illegal immigration. Why? Because he wants immigration. He seeks to reshape the partisan balance in America by increasing the number of Latino voters and marrying them to the Democratic Party by provoking Republicans who just want law and order to appear racist to Hispanic-Americans. His is a game of great duplicity and racial opportunism. But good legislation can defeat his designs and solve one of our most pressing domestic problems at the same time."

The Arizona Desert and its People

American Thinker "Those in Arizona find it baffling that elitists on the east coast, west coast and other large cities like Chicago don't want us to protect ourselves. We're not racists. We're not bigots. We're hard working Americans who don't like to live in fear. We don't like being robbed. We don't like having to clean up after others who don't care what they do to our state. We definitely dislike seeing our friends and neighbors murdered. This isn't about race. This is about crime. We will not be victims any more."  Related: What We Lost on the Border ;and  San Francisco's Unconstitutional Arizona 'Boycott' : "Who wins from an embargo when leftist run cities artificially substitute politics for market value in investments? Politicians with an almost insatiable appetite for power and praise win politically -- after all, it is not their businesses hurt by an economically irrational embargo against Arizona."

Defining Dumbness Down

Jeffrey Folks "Under the direction of leftist educators, the very institutions, charged with the liberation of young minds from the chains of ignorance and groupthink, have become increasingly effective indoctrination centers and breeding grounds for rigid, unreflective political orthodoxy."

Nashville Flood 2010: The Disaster You May Not Have Heard About

Newsbusters "Several of my readers have asked me to post the following video. I cried most of the time I watched. See if you can control your emotions better than I did (video follows with a list of some charitable organizations involved in storm relief, multiple hat-tips to readers in the area):"...Noel Sheppard is the Associate Editor of NewsBusters.

Friday, May 7, 2010

Key to U.S. growth is building wealth, not entitlements

Politico "Progressives* have been reluctant to champion a pro-growth, pro-business, pro-wealth agenda — particularly in the financial meltdown of the past 18 months. But if Democrats are going to remain politically relevant and govern effectively, there are three reasons to organize around expanding the economic pie. "
* Liberals, leftists

"There Will Be No Apology"

RealClearPolitics "The fact is, Americans are increasingly fed up with the racially divisive, politically correct insanity pulsating through the country today. After years of being pressured and browbeaten by the left-wing PC police about what they can say, do, think, and wear, many Americans have had enough. And they're especially furious with being asked to apologize for things that aren't or shouldn't be in the least bit offensive."