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| Ken Blackwell |
Ken Blackwell - Obama Policies Threaten Israel
Posted by
Jim Spence
on Monday, August 23, 2010
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Star Parker - Dr. King, Religion, and Freedom
Posted by
Jim Spence
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| Star Parker |
Star Parker - Dr. King, Religion, and Freedom
Larry Kudlow - Frank Comes Home to Facts
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Jim Spence
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| Larry Kudlow |
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| Barney Frank |
Larry Kudlow - Frank Comes Home to Facts
Joseph Phillips - America: Still Talking About Race
Posted by
Jim Spence
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| Joseph Phillips |
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| Eric Holder |
Said Holder: "Though this nation has proudly thought of itself as an ethnic melting pot, in things racial we have always been and I believe continue to be, in too many ways, essentially a nation of cowards."
I disagreed with Holder at the time and still do. Americans are not cowards when it comes to discussions of race, neither are they dishonest. Rather, I believe Americans are simply bone-tired. Read more here:
Joseph Phillips - America: Still Talking About Race
The U.S. is technically bankrupt
Posted by
Michael Swickard
on Sunday, August 22, 2010
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From The American Thinker.com - by Steve McCann - The people of the United States have been blessed to live in a country that has experienced, over the past seventy years, the most sustained period of overwhelming prosperity in the history of mankind. However, due to the staggering growth of government, unrealistic expectations of the citizenry, and a new global economy, the current makeup of the economic engine of the country is such that it will not be able to generate sufficient wealth to finance the nation's long-term financial commitments, jobs, and desires of the populace. Only by a reduction in government interference and an emphasis on massive wealth creation can the country be saved from its headlong dash toward fiscal disaster and the end of the United States as a global superpower. The unfunded liabilities of the federal and state governments are over $105 trillion. That is 7.5 times the gross domestic product (GDP) of the country in 2010 and 1.4 times the net worth of the United States. The national debt will be the equivalent of 100% the annual GDP by 2018. Four expenditure items -- interest expenses, Social Security, Medicare, and Medicaid (Obamacare) -- will account for 100% of all revenue to the government by 2020. The United States is technically bankrupt. Read more
The U.S. is technically bankrupt
Questions arise on sovereignty for casinos
Posted by
Michael Swickard
on Saturday, August 21, 2010
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Editorial by the Santa Fe NewMexican.com - The recent piece by Tim Korte of The Associated Press, entitled "New Mexico casino lawsuit calls tribal sovereignty into question," may be news to New Mexicans but it is old news for many of us who follow the issue of sovereignty as it applies to business contracts as conducted by the tribes with non-Indians. The reason we don't hear much about the connection with this lawsuit and the possibility of other lawsuits regarding sovereignty is because our local journalists can't connect the dots; what occurs in our local tribal casinos is also happening nationwide. In the New Mexico case, attorney Sam Bregman has petitioned the U.S. Supreme Court to hear a case where a client, retired Albuquerque city worker Gary Hoffman, sued Sandia Resort and Casino over what the tribe characterized as a malfunctioning slot machine that displayed a $1.6 million "jackpot." In New Mexico, both the state District Court and the New Mexico Court of Appeals said that the tribes' sovereign immunity kept them from being sued. Bregman may not be as crazy as some think and he may not be the only attorney suing tribes, including tribal casinos that have not only not paid up on "malfunctioning" machines but also on potentially much larger issues — like how are non-Indian investors going to get their money back if tribal casinos go belly up? According to a November, 2009 copyrighted article in The Financial Times by Nicole Bullock, tribes have financed "casinos projects with debt including more than $5 billion in high-yield bonds, according to Barclay's Capital." Of particular interest is one of the world's largest casinos, owned by the Connecticut Mashantucket Pequot tribe, which is reportedly $2 billion in debt to its lenders and "has stopped making its annual $100,000 per capita payment to tribal members." A July 16, 2010 article by New England journalist Scott Van Voorhis says "the downturn is taking its toll on the Indian gaming industry as aggressive lenders push for payment on billions in debt as cash-starved federal tax men ramp up the pressure, as industry observers say." According to Van Voorhis, the Internal Revenue Service has launched a "wide-ranging probe to crack down on alleged tax evasion in 'Indian Country,' one that appears to be focused heavily on certain tribal casino operators, businesses and governments." Locally, our own Buffalo Thunder appears to be in arrears an approximate $33 million on its $245 million bond payment as last reported in The New Mexican May 19, 2010. Since then things may have changed as there is very little news reported on this issue. However, the question remains, how will non-Indian investors get their money back on their investments on the "casino" bonds if tribes can't meet the payments or, worse, go bankrupt and use the "sovereignty" card as their defense? Read more
Questions arise on sovereignty for casinos
Why entrepreneurs offer more to society when they create wealth than when they give it away
Posted by
Michael Swickard
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From Wizbang.com - by Kim Priestap - The Wall Street Journal yesterday published an editorial by Kimberly Dennis in which she made a point that isn't stressed enough today. She said essentially that giving to charity is a worthwhile and noble endeavor for wealthy entrepreneurs, but those entrepreneurs actually make a more significant and positive impact on society through their businesses because they create products that improve people's lives and provide jobs that allow people to earn their living. Ms. Dennis was talking specifically about Bill Gates' and Warren Buffett's Giving Pledge where 40 of America's wealthiest entrepreneurs pledged to give away the majority of their wealth to charity: Read more
Why entrepreneurs offer more to society when they create wealth than when they give it away
China Rising
Posted by
Michael Swickard
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From Frontpagemag.com - On August 16, the annual report to Congress on the Chinese military was released by the Office of the Secretary of Defense (OSD). There had been speculation that the White House wanted to hold the April Nuclear Security Summit and the May U.S.-China Security and Economic Dialogue before the report became public. President Barack Obama hoped to make diplomatic progress with Beijing before attention was drawn to China’s military buildup. The talks proved futile. And since May, there have been a series of competing naval maneuvers near the Korean peninsula and in the South China Sea, which have highlighted the growing tensions between Beijing’s ambitions and the security interests of the United States and others along the Pacific Rim. China has a small but growing force of mobile ICBMs capable of hitting targets in most of the United States. Under the umbrella of this deterrent force, China is deploying a large number of short and medium range missiles that could devastate its neighbors with a mix of nuclear and conventional warheads. By the end of last year, over 1,000 short range ballistic missiles were deployed within range of Taiwan. And though the Taipei government has attempted to improve relations with the mainland through expanded trade and more open travel, Beijing has continued its military buildup aimed at coercing the island democracy to surrender to the Chinese dictatorship. Read more
China Rising
Rush gets $11M+ for loud condo
Posted by
Michael Swickard
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From the New York Post - Right-wing radio host Rush Limbaugh made good on his vow to "get out of New York totally," reportedly closing on a $11.75 million sale of his 10-room Upper East Side condo -- and splitting so fast, he left all his gilded, gaudy furnishings behind. The liberal-bashing Limbaugh has long railed against New York's high taxes. His Web site published the transcript of one bombastic broadcast under the title "El Rushbo to New York: Drop Dead." Limbaugh announced last year on his radio show that he'd decided to sell his condo at 1049 Fifth Ave., with its four fireplaces and terraces overlooking Central Park, to "get out of New York totally." He even offered to let the buyer keep all the stuff inside. Read more
Rush gets $11M+ for loud condo
Crosses cross the line
Posted by
Michael Swickard
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From Freedom Politics.com - SALT LAKE CITY — The 14 crosses erected along Utah roads to commemorate fallen state Highway Patrol troopers convey a state preference for Christianity and are a violation of the U.S. Constitution, a federal appeals court said Wednesday. The ruling reverses a 2007 decision by a federal district judge that said the crosses communicate a secular message about deaths and were not a public endorsement of religion. It's the latest in a recent rash of mixed-bag rulings on the public use of crosses. A three-judge panel from Denver's 10th U.S. Circuit Court of Appeals said in its 38-page ruling that a "reasonable observer" would conclude that the state and the Utah Highway Patrol were endorsing Christianity with the cross memorials. Read more
Crosses cross the line





