The top news long-term, continues to be the following ISSUES:
* Financial Crisis
* Cultural War (between the left and right)
* Global War on Terror
Short-term top news centers on the following EVENTS:
* Final jockeying for election day Nov. 2
Financial Crisis: The financial rift between the U.S. and China continues to grow as China now blames the U.S. for “imported inflation” through the rampant issuance of dollars (Dollar printing feeding China inflation: minister). In Europe Greek bond yields indicate the severity of the financial crisis as they surge on fear of possible early elections: "A change in the team would be ill-received by the markets," said Natixis bond strategist Cyril Regnat (Greek bond yields surge above 10% on election fears).
In the U.S. The Wall Street Journal reports the Fed “is close to embarking on another round of monetary stimulus next week, against the backdrop of a weak economy and low inflation—and despite doubts about the wisdom and efficacy of the policy among economists and some of the Fed's own decision makers” (Fed Gears Up for Stimulus). The ‘quantitative easing’ will be accomplished through gradual purchases of Treasury bonds to the tune of several hundred billion dollars over several months. This comes as CNBC reports forecasters lowered expectations about the pace of recovery (Survey: Economy to grow at slower pace), prices of single-family homes fell for a second straight month in August (Prices Fell in August, Hovering Near Recent Lows), and Breitbart reports consumer confidence remains in the ‘manic depressive’ column, rising to 50.2 from 48.6 in September (Consumer confidence rises only slightly in October) even considering Wall Street’s recent gains.
Cultural War: Apparently President Putin is competing with President Obama in another category: anti-democratic (Gorbachev Says Putin Obstructs Democracy): “He thinks that democracy stands in his way,” Mr. Gorbachev said. According to The New York Times’ article Gorbachev, in an interview, “even described Mr. Putin’s governing party, United Russia, as a ‘a bad copy of the Soviet Communist Party.’ Mr. Gorbachev said party officials were concerned entirely with clinging to power and did not want Russians to take part in civic life.” Just goes to re-confirm John Emerich Edward Dalberg Acton’s (1834–1902) quote: "Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men."
If you thought ObamaCare was a bold transfer-of-wealth scheme then standby, WorldNetDaily.com reports U.S. Rep. Chaka Fattah, D-Pa. has raised Obama to the epitome of socialism ('Tax Everything' tax would bring in $4.4 trillion). Fattah introduced the Debt Free America Act (HR 4646). After introduction on Feb. 23 Thomas.gov shows the following status of the bill: “Referred to the Committee on Ways and Means, and in addition to the Committees on the Budget, Rules, and Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.”
TAKE ACTION: Please visit e-VotingBooth.com, setup your FREE account, login, type "4646" in the Quick Search field and vote on the Debt Free America Act (HR4646).
“Homeland Security Secretary Janet Napolitano has sworn in a member of her agency's Advisory Council who is a strong supporter of the radical Islamist theologian who calls for "war" with the non-Muslim world and whose teachings inspired and continues to govern al-Qaida and Islamic terrorist organizations worldwide” (Napolitano swears in backer of al-Qaida hero).
Apparently NPR officials are hiding the true level of taxpayer support. Mark Browning of The American Thinker, “estimates that NPR's 900 member stations receive approximately 41 percent of their funding directly or indirectly from taxpayers, primarily through tax deductions, grants from government-funded universities, and direct grants by federal, state and local governments” (NPR's actual tax funding much more than 1% lie).
Educational intolerance continues as WorldNetDaily.com reports “a college professor—unhappy that a Christian pastor comes to the campus of Minnesota State University at Mankato to share his faith—is blaming the minister for suicide deaths in the homosexual community and calling him ‘douchebag’” (Prof, protesters punish pastor for speaking on campus). The Tea Party appears to be working the issue on a different level, according to The Washington Times, by abolishing the Carter-era agency ('Tea party' hopefuls target Education Department).
Global War on Terror: The Independent reports Russia will ‘return to Afghanistan, at the behest of NATO, to train the Afghan army and counter-narcotics troops and supply helicopters (Afghanistan: Russia steps in to help Nato).
Europe appears more concerned about privacy than countering terrorism (Armed with new treaty, Europe amplifies objections to U.S. data-sharing demands) as resistance mounts against “broad sharing of airline passenger data and other personal information designed to spot would-be terrorists before they strike,” according to The Washington Post.
Fox News reports Rep. Anthony Weiner, D-N.Y. is urging YouTube to remove radical cleric Anwar al-Awlaki's videos from its website, saying his message "has caused violence and is a threat to American security" (Al-Awlaki's YouTube Videos Targeted by Rep. Weiner).
The U.S. is gearing up for a potential civil war in Sudan between the Christian south and Muslim north after the referendum this coming January to decide if southern Sudan cedes to a new sovereign state (US ramps up civilian task force in Sudan in preparation for referendum).
2010 election: The Ninth Circuit Court of Appeals continues its extremely liberal record by overturning Arizona’s requirement people show proof of citizenship to register to vote (Pueblo Politics: Court overturns Arizona's proof of citizenship requirement for voter registration). Also, claims of election fraud are popping up all over the country:
· Possible glitch with vote-by-mail system (Illinois)
· Lawmakers May Probe Late Military Ballots (Illinois)
· Residents cry foul over ballots (Pennsylvania)
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