Financial News Update – 01/09/10

Chavez orders currency devaluation by 50% in Venezuela

Obama’s Green Jobs Program: $135,294 Per Job

Shrinking U.S. Labor Force Keeps Rate From Climbing Above 10%

Dems Look to Other Health Options

Obama to Meet With Unions Over ‘Cadillac Tax’

Obama Forced to Focus on Economy Bleeding Jobs

Risk of Power Collapse a Political Threat to Chavez


Anarchy in the UK (and US, too)?

10 Jobs That Will Get a Raise in 2010

Greece Faces Intrusive EU Surveillance Amid Reports of Burgeoning Deficit

Senate Panel Near Agreement on Role of Fed

Late Credit Card Payments Rise to Record

Bernanke: Low Rates Didn’t Cause Housing Bubble

Banks Trim Borrowing from Fed’s Emergency Program

Geithner’s Fed Told AIG to Limit Swaps Disclosure

U.S. regulators warn banks on interest rate risk

Krugman: 40 Percent Chance of Double Dip Recession

Fed Wants Florida Bank to Boost Equity or Find Buyer

Construction Spending Down Seven Straight Months

Bank Lending Poised to Pick Up

Bernanke Says Confident in Fed Strategy for Exit

Blackstone’s Wien Sees Strong 2010 US GDP, Profits

Fed’s Kohn Says Economy, Jobs Will Recover Slowly


Pirate Catcher

From: The Radio Patriot – Thanks to SG for sending this…

Here are some recent photos of the LCS 2 (to be USS) Independence . She’s at 43 knots here running at half power. NOTE the absence of a bow wave.

Turns tightly, also; allegedly this also was done at 43 knots… and from the look of the small bow wave, she’s still in the turn.

And then we have the massive helo deck big enough for a CH-53. Last time I talked with the SURFPAC guys years ago. THIS was the LCS they liked because of the huge storage capacity under that flight deck and the size of the flight deck.

Note that there is very little spreading wake. In fact, it does not look like a wake at all, just foamy water from the water jets. Somehow, at 40 knots, you’d think there’d be more wake.

But she has one drawback, she’s strange looking but aerodynamically designed. Is this the beginning of a new design in ships?

Here’s a Look at The U.S. Navy’s New Pirate Catchers!

WOW! A couple of these should be able to clean up the pirates off the coasts of Africa…..

This is the U.S.S. Independence (LCS-2)

It is a Triple Hulled, Weapon-Laden Monster.

Here it is under construction….

There have been rumors about the U.S. Navy’s speedy new triple hulled ships, but now they’re for real.

The U.S.S Independence was built by General Dynamics. It’s called a “littoral combat ship” (LCS), and the tri-maran can move its weapons around faster than any other ship in the Navy. (Ironic that with all that high tech built in, the ship reminds us of the Merrimac ironclad from Civil War days.)

Littoral means close to shore, and that’s where these very ships will operate. They’re tailor-made for launching helicopters and armored vehicles, sweeping mines and firing all manner of torpedoes, missiles and machine guns.

These ships are also relatively inexpensive. This one’s a bargain at $208 million, and the Navy plans to build 55 of them.

This tri-maran is the first of a new fire breathing breed, ready to scoot out of dry dock at a rumored 60 knots.. It’s like a speedy and heavily armed aircraft carrier for helicopters.

Pirates Beware!!!


Nevada News & Views – January 9, 2010

By: Chuck Muth
Nevada News and Views


  • “Mt. Reagan” Legacy Project Launched in Nevada (NN&V Staff) – Citizen Outreach Foundation announced on Friday the launch of an effort to name a significant landmark after the late President Ronald Reagan before what would have been his 100th birthday on February 6, 2011.
  • The Political Money Chase Race (Chuck Muth) – The first primary will be held this coming week – the Money Primary.
  • Legislative Leaders Tell Governor to Draft His Own Bills (Sean Whaley/Nevada News Bureau) – If Governor Jim Gibbons wants to bring hi s entire education reform agenda to a special session of the Legislature, from eliminating mandates for class-size reduction to repealing Nevada’s collective bargaining law, he will have to draft the bills himself.
  • Who Can Represent the Governor in a Lawsuit? (Josh Hicks) – Over the last few days the Governor has threatened to file two lawsuits. One would challenge the legality of the federal health care bill and the other would challenge the Legislative Counsel Bureau’s recent decision to refrain from drafting bills on behalf of the Governor at an upcoming special session.
  • Zip Code, Reporting Errors Found on Nevada Pages of Stimulus Website (Phillip Moyer/Nevada News Bureau) – More errors have been discovered at recovery.gov, the $18 million government website that tracks spending for the American Recovery and Reinvestment Act.

Click here to read these stories at the Nevada News & Views site!

Continue reading



Contact: [email protected]

On the heels of a new Mason-Dixon poll showing him leading the GOP primary to take on Harry Reid, Nevada Republican U.S. Senate candidate Danny Tarkanian issued the following statement on Harry Reid’s disgraceful “Berlusconi-esque” reference to President Obama’s skin color and ‘negro dialect.’


“A few weeks ago, Harry Reid compared his health care opponents to slavery defenders. Now he’s talking about our President’s ‘light skin’ and ‘negro dialect.’ He disgraces himself almost monthly with some disparaging remark about his constituents, political opponents, or now the President.

“I notice he’s apologized already for these remarks, but we’re still waiting for his apology to the majority of Nevadans who oppose his health care plan.

“Harry Reid isn’t just America’s most vulnerable Senator – as he demonstrates daily, he’s also its most embarrassing.”

Paid for and authorized by Tarkanian for Senate
840 South Rancho Drive, Suite 4-614
Las Vegas, NV 89106
[email protected]


Links to Visit – 01/09/10

the live feed – Shock: Oliver Stone’s new project to put Hitler ‘in context’

Oath Keepers – Sherry Jackson, star of “America: Freedom to Fascism” is Being Murdered

Kenneth Timmerman – Iran’s Secret Meeting With Israel

Doug Ross Journal – RED ALERT: WaPo Op-Ed Columnist Paid to Promote ObamaCare (Hat Tip: Kim Priestap)

Riehl World View – Dems May Stall Certifying A Brown Win Until After Health Care Vote (Hat Tip: Kim Priestap)

The Strata-Sphere – It’s The Unemployment Rate, Stupid

Flopping Aces – All 3 Major Domestic Terror Attacks of 2009 Were Directly Enabled by Obama’s Reverse-Profiling Orders, Exempting Muslims from Scrutiny [Reader Post] (Hat Tip: Larwyn)

JammieWearingFool – Adam Gadahn Sends His New Years Greetings (Hat Tip: Larwyn)

JammieWearingFool – Media Matters Manufactures Another Glenn Beck ‘Outrage’ (Hat Tip: Larwyn)

Bookworm Room – Britain outlaws a homeowner’s self-defense against intruders

Gateway Pundit – Republican Scott Brown Tells Sean Hannity He Will Be 41st Vote Against Obamacare (Video)

American Digest – “They Tell Us We Are Weak. But When Shall We Be Stronger?” (Hat Tip: Larwyn)

American Thinker – Kentucky’s Answer to Unconstitutional Federal Actions (Hat Tip: Larwyn)

New Zeal – David Horowitz and Democrat Pat Caddell Explain the Radical Take-over of the US. Must View!!! (Hat Tip: Larwyn)

Gateway Pundit – NPR Executives Will Not Take Down Teabagger-Bashing Cartoon They Agree With

The New Editor – Those Damned Christians: Causing Trouble Again

Gates of Vienna – Sheep to the Slaughter (Hat Tip: Larwyn)

Atlas Shrugs – ATLAS EXCLUSIVE Nonie Darwish: Obama’s New Year Gift To The Saudi King

Atlas Shrugs – ATLAS EXCLUSIVE: Obama’s National Security Betrayal: Declassifies Treasure Trove of Intel to our Enemies

Atlas Shrugs – ATLAS EXCLUSIVE: Mansor Asad, Muslim Who Screamed “I want to kill all the Jews,” is the Owner of Salafi Mosque Real Estate Tied to Jailed Terrorists

Atlas Shrugs – Two More Muslims Arrested in Plot to Blow Up New York City Mass Transit, Stadiums, on Anniversary of 911

The Radio Patriot – Third party politics spell peril?

The Radio Patriot – Yo, Algore… Lissen up

The Radio Patriot – Washington State citizen announces candidacy for President

The Radio Patriot – America Rising Video rising in popularity

Gateway Pundit – More Hope & Change… 139 Muslim American Planned Attacks Since 9-11 …41 Were in 2009

Gateway Pundit – Democrat Harry Reid Apologizes For Racist Remarks About Obama

Gateway Pundit – Taliban Release Video of Doctor & Al-Qaeda Blogger Before CIA Suicide Bombing

Gateway Pundit – Majority Leader Harry Reid Hits New Low in Nevada Poll

Gateway Pundit – Change. Judge Throws Out Evidence Against Gitmo Detainee

Big Government – The Survival of the Republic: A Second Reason for Reading Montesquieu

Michelle Malkin – Dem leader who compared Republicans to slavemasters referred to “light-skinned” Obama and “Negro dialect;” Obama accepts apology, praises Reid on “social justice”


AP – CIA bomber calls for attacks on USA in video


Interpol EO Update

By: Terresa Monroe-Hamilton

You can go to the following links for background:

Of Executive Orders and Trojan Horses

Of Executive Orders and Trojan Horses – Update

More Executive Orders – Obama’s Strange Powerplays

Andrew McCarthy has a new article up at NRO that is a must read – key excerpt (Hat Tip: Carolyn Cooke):

That doesn’t begin to cut it. An agency’s having a permanent U.S. presence is more of a reason to bind it by U.S. law, not a rationale for immunizing it. And Interpol apparently has had no difficulty operating under the Reagan-era restraints during the five years since its permanent office opened. Moreover, as Richardson points out, Interpol is not just “any other international organization”; it is an international law-enforcement organization. As I’ve explained before, “what prevents law-enforcement and its controlling government authority from becoming tyrannical” are the constraints of law — in the U.S., such provisions as the Fourth Amendment, the Freedom of Information Act, and other limitations of the Constitution and federal law that protect the liberty and privacy of Americans.

Read it all…

And a very telling quote from Andrea Shea King at The Radio Patriot:

Did you watch the Fox All Star Panel on Special Report tonight? To a man, Krauthammer, Easton and Juan all agreed this was much ado about nothing. I was shocked.

In fact, Krauthammer used the very excuse given here…

“The revisions bring Interpol’s U.S. office in line with its other seven international offices, all of which already enjoy full diplomatic immunity. “It’s international custom that international organization are exempt from FOIA,” said Noble. “We’re no different than any other international organization.””


If you haven’t read it, read the following article from the New York Times. Glenn Beck mentioned it as did Clyde Middleton of The Patriot Room – key excerpt:

PARIS — Interpol and the United Nations are poised to become partners in fighting crime by jointly grooming a global police force that would be deployed as peacekeepers among rogue nations riven by war and organized crime, officials from both organizations say.

On Monday, justice and foreign ministers from more than 60 countries, including the United States and China, are gathering in Singapore for a meeting hosted by the two international organizations.

It is the first step toward creating what Interpol calls a “global policing doctrine” that would enable Interpol and the United Nations to improve the skills of police peacekeepers, largely by sharing a secure communications network and a vast electronic trove of criminal information, including DNA records, fingerprints, photographs and fugitive notices.

Here’s another article from the New York Times to read as well… (Hat Tip: Jean Stoner)

Also read: Paradox of International Law… (Hat Tip: Nancy Jacques) Key excerpt:

So what does INTERPOL have to do with the UN? Some critiques state that INTERPOL is not a supranational police agency with investigative powers, nor is it an organization sanctioned by an international governing body (such as the United Nations); however it is widely known that the UN Security Council and the International Court of Justice (the primary judicial organ of the United Nations) have been working very closely with INTERPOL on the fight against terrorist acts by Al-Qaida and the Taliban. This gives many people the impression that INTERPOL is in fact a supranational organization, or at the very least an extension on the UN, and rightfully so because within the last decade they have become synonymous and often indistinguishable.

Many believe that when President Obama enacted his executive order granting INTERPOL full diplomatic immunity; that he opened our nation’s back door to more future international regulation, in affect revoking America’s sovereignty. Based on the history of international governing and policing bodies and President Obama’s enthusiasm to make America an internationally regulated state…the critiques assumptions could be considered well founded. It’s important to note that the concept of granting immunity to foreign nationals in our country is not new; in fact the practice goes back to 1790 when the “Act for the Punishment of Certain Crimes against the United States” passed, wherein basic immunity was granted to foreign diplomats. However, the immunity given at that time had major restrictions placed on it, unlike today where those restrictions do not exist.

This is an excellent article and is another must-read…

Expose Obama also has a great article up (Hat Tip: Nancy Jacques):

The order guarantees that Interpol officers have immunity from prosecution for crimes they may commit in the United States. Ironically, some Interpol nations are attempting to try American intelligence agents for their work abroad in the War on Terror.

This order shows blatant disregard for the U.S. Constitution. While Obama is extending due process rights to terrorists he is weakening those same rights for American citizens. If a citizen were to be prosecuted by Interpol, their newly granted immunity would interfere with the discovery process. Since Interpol files are immune to disclosure, a citizen could be denied his right to see the information used to prosecute him or her.

Obama’s executive order has done more to weaken civil liberties than the much-maligned Patriot Act. The silence in the mainstream media on this issue should scare all freedom-loving Americans. Obama just signed away parts of our precious legal protections.

I would wager that this will bite America in the ass big time. The White House will not comment on it period, so what else can we think? This should not stand… If we open ourselves to international policing with no restrictions, it will lead to no where good and you can bet on that.

UPDATE: INTERPOL’s explanation for immunity doesn’t cut it (Hat Tip: Jean Stoner)