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In The News

U.S. and World Breaking news – CDN reports on the White House, Congress, the Supreme Court and issues of the day.

Iran to release one of three captured US hikers

From BBC News: Iran is to free on Saturday one of three detained American hikers accused of espionage, officials in Tehran say. An Iranian official named her as Sarah Shourd, 31. No reason has been given for her release. She was seized with Shane Bauer and Josh Fattal, both 27, last July. Tehran accuses them of entering illegally and having ...

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Pastor rules out Koran burning ‘for now’

From The Telegraph in the UK Terry Jones, a radical evangelist preacher, said the book burning was off while he held talks over a Muslim cleric’s plans to build a mosque near the site of the World Trade Centre that was destroyed in the September 11 terror attacks nine years ago. “Right now we have plans not to do it,” ...

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Dodd-Frank: A Nightmare On So Many Levels

Senators Barney Frank and Chris Dodd put together yet another progressive nightmare for our marginally free-market system. Granted the thought of those two alone in a dark corner is nausea-inducing, that’s not where I’m going. The Dodd-Frank bill, otherwise known as the “Wall Street Reform and Consumer Protection Act” neither reforms Wall Street nor protects consumers (who should really need ...

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Beck’s Restoring Honor Rally: Images and Experiences

*Click on Images to see larger versions* Getting Ready to head out to Glenn Beck’s Restoring Honor Rally It’s 10pm on Friday and I’m getting ready to join 300+ great Americans in a six bus convoy to Washington D.C.  The excitement has been slowly welling up inside me through the course of the day.  Towards 6 o’clock it was impossible ...

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Glenn Beck’s 8-28 Rally: The Wager and the Controversy

*Pictures and commentary from the rally here* On Wednesday Bill O’Reilly and Glenn Beck had a conversation where Bill promised to have Glenn anchor The Factor’s 8pm time slot.  The wager is based on O’Reilly’s projection that only 15 or 20 thousand people will show up for Beck’s 8-28 Restoring Honor event.  Glenn is hoping for well over 100,000 So ...

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Why You Should Care About the CBO Report – Really This Time

The non-partisan Congressional Budget Office (CBO) produced the most-recent version of it’s periodic report on the state of the nation’s economy.  The report was as dreadful as expected: debt rising and tax receipts going down, but you knew that already.  What’s different is how they are either lying to candy coat how bad things are going to get, or they ...

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Welcome to the New Deal. Same as.. The New Deal

You read about The New Deal (circa 1933 – 1938) in high school, but did you ever think you would get to live through it? They say that those who do not learn from history… you know the rest. In a nutshell, we are the doomed in this case.  Just how closely is Obama and his band of merry morons ...

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Entitlism in Practice: Favors Taken to Extremes

We’ve defined Entitlism as basically gaining favor with the ruling class in order to get .. favors.  Now, do me a favor, quit asking for them .. from them.  We shouldn’t be dependent on them, they aren’t supposed to be doing them and no one believes that they are doing them for anyone but .. them. Certainly performing acts of ...

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Sunday Rounds

Making the rounds through numerous news sources one theme popped out: Obama is planning a back door approach to getting his extreme agenda implemented even once the overwhelming majority in Congress is lost.  Of course, a few other random bits thrown in as well. At Jacksonsun.com there is a post that describes a back-door approach to cap-and-trade. President Obama is ...

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The Ground Zero Mosque Organization: a Twitter Interview

Today on twitter I asked the Ground Zero Mosque Organization, @Park51,  a simple question. I did not recieve a simple answer. StopObama2012: Do you condemn Hamas as a Terrorist Organization? Tweet Park51: We don’t engage foreign politics. We’re working to build moderate Muslim communities BTW how’s stopping Obama going? ^_^ Tweet As you can see thats a blantant attempt to ...

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The 12th Imam. Why a Nuclear Iran is Terrifying

The entrie transcript of this interview is available here. These are the parts I’m concerned about, which begin in the video at 36 minutes: NBC’s Ann Curry: In your speeches, you pray for God to hasten the arrival of the hidden Imam, the Muslim messiah. Would you tell us, as I know you will speak about this at the general assembly, ...

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The Reality of the Jobs Numbers

Greg Howard tweeted to check out the Bureau of Labor Statistics instead of relying on the media to relay the jobs situation.  If you follow me, you know I love numbers.  Not only did I dig out the numbers, I went and graphed it out. So I don’t have to deal with the LibKiddies saying I made up the numbers.. ...

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Progressives Cry Gun Culture Out-of-Control

They cried that the gun culture is out-of-control, and I let ’em have it. This article at New Haven Register rants on gun ownership, doesn’t have an author’s name (at least not when I went there), had poorly-sourced statistics and what sounded like the idiocy that usually comes from the left. Nine more Connecticut families now have to feel the ...

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Learning Economics From Chinese Students

As shameful as it is, a Chinese student gets what we’re struggling to understand – government policies are stifling consumption, exports and therefor the economy. A Bloomberg.com post mentioned that when a professor was discussing the nation’s move to keep interest rates low, a student chimed in with true wisdom: Peking University professor Michael Pettis was discussing declining bank-deposit returns when a ...

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Federal Reserve Struggling to Create Inflation

The specter of deflation is looming.  Federal Reserve chief Ben Bernanke, the President’s economic advisor Paul Volcker (remember him from the Carter years?), and Treasury’s Timmy Giehtner are all worried that the inflation they have been trying so hard to elicit isn’t coming fast enough – or at all. While inflation is what happens when too many dollars are chasing ...

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