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Wednesday, December 03, 2008

What Does Your Local Unemployment Look Like?

utterli-image
This morning as I came in with the local paper, I read a story about unemployment in North Carolina where we have been hit with layoffs from Wachovia and Freightliner and many many other companies of smaller sizes.
We have over 12 counties in the state where the unemployment rate is over 9%.We have 4 counties with rates under 6% and 21 counties where the unemployment rate is between 6% and 9%.
Nationally unemployment rates went to 6.5% last month.
I've heard that unemployment rates in Michigan are in double digits and going up.
I'm curious what everyone else around the country or the world for that matter is looking at for unemployment levels at a local or semi local level.
To contrast this discussion, Black Friday sales at the local Sears TV department came in at $49k, when expectations for sales were expected to be about $26k. (heard this from a friend :) )
So it would seem that while our county has an unemployment rate of 9.1%, people turned out to buy more TV's (No Interest until 2012).
Are people in your area preparing to hit the streets and get a job?
or
Are they preparing to hit the couch and sit the winter out?
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Wednesday, November 12, 2008

We're Americans and we're here to take you home

This is the story of one of the most daring and successful U.S. hostage-rescue missions in years.

http://www.armytimes.com/…110708WEB/

Well done!

Now why won't hollywood make a movie showing the tenacity and bravery of our troops instead of the steaming piles of bs that they've been making in an effort to offend them?
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Monday, October 27, 2008

Obama Assassination Plot Disrupted

Here's the latest breaking news on a new plot to kill Obama that has apparently been thwarted.


"The ATF says it has broken up a plot to assassinate Democratic presidential candidate Barack Obama and shoot or decapitate 102 black people in a Tennessee murder spree."

http://washingtontimes.com/…srupted-1/


http://news.google.com/news/url
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Thursday, October 09, 2008

The Dow Dives: Bailout in Action? Who can tell?

utterli-image
Got the above screencap from here: http://is.gd/3MTw (a live graphic of the Dow at NYTimes.com).

Now, I can't remember where I read this, but apparently that bailout bill that got passed won't kick in until after the election. So, all those billions of dollars won't go anywhere until it's too late. Now we watch as the Dow, the NYSE's main guidepost, nosedives to just above 8,000. So, no, this isn't the bailout at work, it's the bailout not existing for another month. Why should the market care about what will happen in a month's time if businesses can't function now?

It seems like no matter what the USG does it just can't follow it's own rules. First, the free market is supposed to be fine on its own. Then the bailout is supposed to help save the free market. And now... ?

OK, just checked the latest and now, at closing, it's back up to 8711. That puts the Dow down nearly 6% from yesterday. Specifically, it's down 547 points.

Can you say "weeee!"?

In case you're wondering, the Dow does not represent the market as a whole. It's just a chunk of it--the most important chunk. According to Wikipedia.org's entry for the Dow Jones Industrial Average (here: http://en.wikipedia.org/…l_Average), the DJIA is an average value : "...of 30 of the largest and most widely held public companies in the United States."

In short, when it goes down, people panic. Ultimately, though, the Dow usually climbs the day after a spectacular drop. However, it's kind of like how you feel so much better after you puke. It's not that you legitimately feel good, it's just that after your previous ordeal ANYthing feels better.

Then again, these days, everything's screwy and hard to predict, so who knows?

I mean, hey, the USG said that we had to move quickly, so why is all of that bailout money sitting around doing nothing during all of this? What was all that rush and lack of public discussion for?

Oh and it looks like I had my numbers wrong above--just checked the numbers again and while it looked like the Dow had rebounded a bit, it just went ahead and dropped again, making it down to 8579--that's a percentage drop of over 7% and a point drop of almost 680.

I guess that was the last drop of a really good rollercoaster ride--just when you were thinking "Oh, that was quite a ride! There's the exit coming up--WAHHHH!!!"

It's times like this when I ask just what the hell are our leaders up to?
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PhotoShop Attack Ads in the Mail

 100_0201
Could have been worse, it could have been an ad for acne free clear skin treatment showing Hoyle all pimpled up.

This morning I received this funny little attack ad in the mail. At first I thought this was a piece of junk mail. Then I realized that it was supposed to look like junk mail, but it was actually a political attack ad focused on one of our local politicians, State Senator David Hoyle.

  The claims against this local politician, a state senator, said he bought a bunch a land then joined government and steered some road projects rate through his land so they could sell it at a profit to a number of strip malls and other types of businesses that would like to pop up next to this new interstate area.

100_0202So they're basically Photoshop is headed on to that guy that you see on infomercials on TV late at night that walks around in a green jacket with dollar bills all over it, actually I guess those are dollar signs not actual dollar bills.

There's nothing else remarkable about this particular ad, I decided to share some of the local flavor that were seen in Gastonia, North Carolina these days as we get closer and closer to the election in November.

Gastonia, North Carolina

Image via Wikipedia

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Monday, September 29, 2008

Dow Jones Down 513 Points

The house is currently voting on the Bailout package. Right now the votes are coming in at 205 for and 227 against 1 not voting. That's a total of 433 votes, the house has 435 members.

The bailout package has a lot of supporters mostly trying to do something as opposed to nothing and many more people that see no benefit in throwing a trillion dollars after bad money.
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Thursday, September 25, 2008

WaMu Just Failed, Seized by FDIC sold Off

CNN's reporting that WaMu just failed. It was seized by the FDIC. The FDIC sold off the company/assets to JP Morgan Chase.
They are reporting that all deposits in WaMu including those over $100k are safe. Shareholders in WaMu just lost all value remaining in the company.
Separately, the meeting at the White House tonight failed again with House Republicans very unhappy, a new meeting scheduled without House Republicans is set for 11:30 am.
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Friday, September 19, 2008

Keeping With The Theme

Keeping with the theme of economics this week, the Dow Jones Industrial's rallied again today to finish down a mere 100 or so points for the week. This week has been the strangest week in regards to the markets that I have ever seen. 
Lets recap:
Monday the 15th, stocks plunged over 500 points in the worst day of trading since the Sept. 11th attacks in 2001. The massacre, due to the crisis at Lehman Brothers and the short sale of Merrill Lynch to Bank of America. 
Tuesday the 16th, the markets rebounded approximately 140 points as the fed announced that it may lower interest rates once again to help stabilize the economy. Although rates were not lowered, the fed and treasury assured consumers that they would have something in the works to help stave off recession (that we are already in).
Wednesday the 17th, stocks take another dive down an additional 450 points on the news that AIG was facing a Lehman Brothers-esque crisis. The blood o the trading floor apparently got quite deep and both presidential candidates pounced on the issue for clearly partisan reasons. Disgusting how both McCain and Obama are acting like little children instead of offering a solution that goes beyond finger pointing.
Thursday the 18th, traders were gaining back their sanity based upon the near $65 billion dollars of aid delivered via the American taxpayer through another Federal Reserve, U.S. Treasury and Presidential brainstorm session. The session may be to the tune of $1 trillion by weeks end. Where was Congress during all of this? Personally, I think they were off sipping fine wine and eating cheese.
Friday the 19th, Stocks rebounded nearly 400 points to break close to even for the weekend. Who knows where it will go Monday, but at least for now America can sleep soundly.
Seriously, what a bizarre week. I guess the days of living the cheap, care free and easy life is over for most anyone who had not diversified their portfolio with precious metals and t-bills. Who would have known that both stocks and bonds would take this colossal hit in such a short time. I guess the check-out lines at Wal-Mart will be a bit longer as folks head towards the discounts and away from the more expensive and possibly better quality products in order to save money. 
I have to wonder what this will look like for organic farmers and their industries as well as other health conscious supplement providers like EAS, orovo and the like? It ought to be interesting to see not only what goes down at the start of next week, but also where these industries wind up.
I don't know about all of you, but I'd be interested in hearing from Congress about this enormous redirection of taxpayer money. Where is our representation in all of this. Granted, the economy effects us all, but doesn't this feel like some type of financial shotgun wedding?
Tuesday, September 16, 2008

Pakistan Issues Orders to Fire on US Invaders

It would appear that the US has dropped the last straw on the camel before that camel's back will break in Pakistan.  Pakistan issued orders to its military to fire on any US troops that cross the Pakistan border from Afghanistan, following US commando raids last month and missile attacks as the US fought to chase rebels on the western border of Pakistan where it is thought Osama Bin Laden is hiding.

Market Dropping - War on Terror to Get Serious?

If you are waking up this morning and checking in with the markets, things are still dropping. European markets have been down all morning on concerns over the massive insurer AIG which has a trillion dollar balance sheet.

Oil continues to drop this morning and is right now at $92.76.

It is going to be a long day for finance. As its September 15, just 4 days after the anniversary of 9/11, I can't help but think that I do not want to see the terrorist win by defeating us financially.

People have been talking about how the people of the United States have not really gotten involved in the War on Terror, in part because we did not have to field a personal and direct price. I would agree that this is mostly true for most Americans due to the way that our country went to war.

That said, as the markets move towards directions that have not been witnessed since the precursors to the Great Depression, I can't help but think that there will really be hell to pay once Americans do have to pay a personal price. Americans may have gotten a little bent out of shape on 9/11/2001, but I suspect that in retrospect that will be nothing compared to what will come as a consequence of multiple years of very high oil prices.
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Thursday, September 11, 2008

WSJ-Baby Formula Contaminated Like Pet Food

I was digging below many of the headlines that are above the fold today and came across this story in the Wall Street Journal. http://adjix.com/rh84

The Chinese Ministry of Health is reporting that Melamine has been found in baby formula or baby powder. This is the same substance that was deemed to have killed thousands of pets last year. The chemical was added to pet food in order for the protein levels in the food to appear higher.

So far 59 infants have come down with cases of kidney stones in China this year. So far China has not identified if or how much of this baby formula may have been exported around the world.

This is not China's first problem with baby formula. In 2004, 13 or more babies died after drinking fake formula with no nutritional value.
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Charlie Rangel on His Own Mini Tax Scandal

Charlie Rangel found himself embroiled in a Mini Tax Scandal and as far as I can see this is primarily relevant in that the US tax system is so complex that not even a member of Congress with several accountants and advisors is unable to stay on top of things.

Obviously, there is indeed a need for a change, but a change that simplifies the tax code instead of adding additional layers, exceptions, and breaks.

Related Stories

Reporter's Notebook: With Friends Like These ... FOXNews - 25 minutes ago By Chad Pergram WASHINGTON — Most reporters had long abandoned Capitol Hill by 7 pm ET Wednesday night, when Rep. Charlie Rangel invoked a rare "point of ...

Charlie Rangel Owns Up (Sort of) U.S. News & World Report, DC - 27 minutes ago Rep. Charles Rangel (DN.Y.), the chairman of the House Ways and Means Committee and the nation's top tax-writer, held a press conference yesterday to ...

Rangel Tries to Explain Back Taxes on Villa New York Times, United States - 10 hours ago “I really don’t believe making mistakes means you have to give up your career,” Representative Charles B. Rangel said at a news conference in Washington on ...

Rangel Says He Regrets 'Errors,' Rejects Calls to Cede Panel Post Washington Post, United States - 11 hours ago By Christopher Lee Rep. Charles B. Rangel (DN.Y.) acknowledged yesterday that he had not lived up to the "higher standard" expected of members of Congress, ...

Rangel tries to explain taxes on Dominican Villa Seattle Times, United States - 7 hours ago US Rep. Charles Rangel, DN.Y., said Wednesday that "cultural and language barriers" had hindered him from understanding the finances of his Dominican ...

US House tax chief says he'll pay owed taxes Reuters - 17 hours ago By Donna Smith WASHINGTON (Reuters) - The powerful head of the tax policy committee in the House of Representatives said on Wednesday he will pay several ...

Rangel expresses regret, won't quit Ways and Means post SmartBrief, DC - 51 minutes ago Rep. Charles Rangel, DN.Y., said Wednesday that he regrets moves that put him into three ethics controversies, but said he should not be forced to give up ...

Rangel admits mistakes, $5000 bill to Uncle Sam The Associated Press - 13 hours ago WASHINGTON (AP) — The head of the House tax-writing committee admitted Wednesday that he owes about $5000 to the Internal Revenue Service for failing to ...

Rangel’s Explanation Surprises Constituents New York Times Blogs, NY - 2 hours ago By Jennifer 8. Lee It came as a surprise to many voters when Representative Charles B. Rangel told reporters on Wednesday that he did not pay federal taxes ...

Rangel Rejects Republicans Calling for Him To Step Down New York Sun, United States - 10 hours ago By RUSSELL BERMAN, Staff Reporter of the Sun | September 11, 2008 WASHINGTON — Rep. Charles Rangel of Harlem is resisting calls that he resign as chairman ...

Rangel cites misunderstanding in tax case United Press International - 2 hours ago Rep.Charles Rangel (D-NY) speaks at the Democratic National Convention at the Pepsi Center in Denver, Colorado on August 26, 2008. (UPI Photo/Brian Kersey) ...

Charles Rangel should step down as House Ways and Means chair ... Los Angeles Times, CA - Sep 10, 2008 Ed Ou / AP Democrats say criticism of Rep. Charles B. Rangel is an effort to divert attention from Republican corruption. In a letter to House Speaker ...

Rep. Charles Rangel to File Wall Street Journal - Sep 9, 2008 By EVAN PEREZ and SARAH LUECK WASHINGTON -- Rep. Charles Rangel, seeking to quell a controversy over his private financial dealings, plans to submit amended ...

Rangel says he won't quit House panel over tax dispute CNN - 22 hours ago WASHINGTON (CNN) -- Rep. Charles Rangel, a New York Democrat, said Wednesday he will not step down as chairman of the powerful House Ways and Means ...

Rangel Tussles With Boehner on House Floor Over Ethics Charges FOXNews - 14 hours ago Embattled Rep. Charles Rangel of New York took to the House floor Wednesday night to defend himself against mounting ethics charges, engaging in an unusual ...

Rangel Vows to Pay Back Taxes, Attacks GOP Washington Post, United States - 19 hours ago Rep. Charles Rangel (DN.Y.), seen here at the Democratic National Convention in Denver, admitted to "mistakes" but has no plans to step down from his Ways ...

Rangel Owes US Back Taxes, Lawyer Says New York Times, United States - Sep 10, 2008 By DAVID KOCIENIEWSKI Representative Charles B. Rangel, chairman of the Congressional committee that writes the nation’s tax code, failed to pay an ...

Rangel Says He Will Pay Back Taxes; GOP Wants Him Out of Chairmanship Washington Post, United States - Sep 9, 2008 By Christopher Lee As House GOP leaders called for his removal from the powerful chairmanship of the House Ways and Means Committee, Rep. ...

Republicans call for Rangel to step aside Reuters - Sep 9, 2008 WASHINGTON (Reuters) - US House of Representatives Republican leaders on Tuesday called on New York Democrat Charles Rangel to step down as chairman of the ...

Editorial of The New York Sun | September 11, 2008 New York Sun, United States - 10 hours ago In March of 1938, President Franklin Roosevelt sent a letter to his commissioner of internal revenue, Guy Helvering. "My dear Commissioner Helvering," the ...

Rangel on Rental Income Tax: I Didn't Know WNYC, NY - 16 hours ago by Amy Eddings NEW YORK, NY September 10, 2008 —Congressman Charles Rangel -- chairman of the House Ways and Means Committee, which writes the nation's tax ...

Rangel's problems grow more taxing The Swamp - Tribune's Washington Bureau, DC - 19 hours ago by Frank James Charles Rangel, chairman of the House Ways and Means Committee, the congressional panel that writes the nation's tax laws, tried his best ...

Rangel owes $10000 in taxes Washington Times, DC - 9 hours ago Rep. Charles B. Rangel, chairman of the tax-writing House Ways and Means Committee, owes more than $10000 in unpaid taxes - a sum that may increase, ...

Rangel admits to 'mistakes' MSNBC - 22 hours ago Ways and Means Committee Chairman Charlie Rangel says he did not receive any "cash proceeds" from rental of his Dominican Republic vacation property, ...

Rangel addresses 'mistakes' Politico, DC - 5 hours ago By DAVID ROGERS | 9/11/08 4:52 AM EST Ways and Means Committee Chairman Charles B. Rangel went to the House floor Wednesday evening to defend his conduct. ...

Dems Push Back On Rangel CBS News, NY - Sep 9, 2008 By Ryan Grim (The Politico) With the GOP calling for Rep. Charlie Ragel's (DN.Y.) Ways and Means Committee chairmanship, Democrats are pushing back. ...

Rangel Won't Step Down as Tax Committee Chair WebCPA, NY - 10 hours ago By WebCPA staff Rep. Charles Rangel, DN.Y., refused to resign his chairmanship of the tax-writing House Ways and Means Committee after revelations that he ...

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Rangel's taxes Congressman's conduct distressing WatertownDailyTimes.com, United States - 6 hours ago Few people are in a position to know America's tax laws as well as Rep. Charles Rangel. After all, the chairman of the powerful Ways and Means Committee ...

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If reading through those articles don't make you feel like fixing washington politics and the tax code is impossible, making you just want to scurry under the closest rock, I don't know what is. But we have to crawl out dust off, hit the tub with some beautifeel and get to work doing something. Or else victims of a broken code and government we will remain.

Friday, September 05, 2008

Man With Rifle and Grenade Arrested in Washington, DC

This report just came in off the AP Wire.

WASHINGTON (AP) — Capitol Police arrested a man Friday after they found a grenade and several weapons in his car several blocks from the Capitol building.

Christopher Shelton Timmons, 27, of Orange, Va., was charged with carrying a deadly weapon and possessing unregistered firearms and ammunition, said Capitol Police spokeswoman Sgt. Kimberly Schneider.

Timmons was detained after he stopped to ask a police officer for directions and the officer saw a rifle case in the car.

A search of the car, a Jeep Cherokee, turned up a rifle, a live grenade, a pistol, ammunition, magazines with ammunition in them and several other "items of concern," Schneider said.

Police closed nearby streets for several hours while conducting the search. The incident occurred near the Library of Congress southeast of the Capitol.

The FBI, the Bureau of Alcohol, Tobacco, Firearms and Explosives and District of Columbia police assisted in the investigation.

AP

During the week of the convention it seems like the crazies have really come out of the wood work on all sides. That was probably to be expected but I think we have to hand it to law enforcement for being on top of things, strapped in on the streets and roof tops picking out the loons with Nikon binoculars and so far arresting them before anything bad happened.

We do need a major over haul in this country, but I do not believe that it should be spurred on about violence.

Wednesday, September 03, 2008

WasillaAlaska Reacts to Palin's Daughter's Pregnancy - Teen Father to Attend Convention

So now Republicans are going to show case teen parents at the Republican National Convention.  For a Governor that vetoed benefits for teen mothers in her own state, believes in abstinence and does not believe in providing teens with birth control, this RNC event is shaping up to be either the height of hypocrisy for Republicans or possibly the opportunity of a political lifetime for Republicans to get real, grow up, and take a step towards the middle ground of America when it comes to teen sex and teen pregnancy.

Regardless, the Republicans have finally figured out how to get back in the saddle and they didn't do it by placing a lady on an english saddles riding sideways, they went straight at the thing with a down to earth woman charging into the fight riding bareback on a Mustang).

Monday, September 01, 2008

Early Word on Scores of Protestors and Reporters Arrested in St Paul

Additional Stories on this Topic

Scores arrested as protests turn violent outside GOP convention
San Francisco Chronicle,  USA - 1 hour ago
Police used pepper spray and tear gas to quell breakaway demonstrators from an otherwise peaceful antiwar demonstration today outside the Republican ...

As Throngs of Protesters Hit Streets, Dozens Are Arrested After ...
New York Times, United States - 2 hours ago
By PATRICK HEALY and COLIN MOYNIHAN ST. PAUL — Thousands of protesters, many of them demonstrating against the war in Iraq, marched on Monday through the ...

Police, protesters clash near convention
Reuters - 2 hours ago
ST. PAUL - Police in riot gear used pepper spray and smoke bombs against a few hundred violent protesters on Monday, and at least a dozen were arrested ...

Police, protesters clash near Republican convention
Reuters - 3 hours ago
By Andy Sullivan ST. PAUL (Reuters) - Police in riot gear battled hundreds of protesters with pepper spray and smoke bombs and arrested 130 people on Monday ...

Sunday, August 31, 2008

Nagin Cries Flee Ahead of Gustav Impact

New Orleans Mayor Ray Nagin pleaded with Big Easy residents to heed his warning to evacuate ahead of Hurricane Gustav which threatens the city in an eerily familiar fashion to that of Katrina in 05'. Gustav, expected to arrive onshore as either a powerful category 3 or weak category 4 early this week, has led Mayor Nagin not only to plead for residents to evacuate, but also promise that looters would be sent directly to jail. Apparently any "Get Out of Jail Free cards" will not be honored this time around. 
As of Sunday afternoon, the vast majority of residents have fled, leaving New Orleans a virtual ghost-town. Many of The cities residents have been "battening down the hatches" by boarding up windows, securing items with outdoor furniture covers into garages and even locking up their homes to stay with friends and relatives outside the state.
In addition to the city, almost 90% of Louisiana's coastal region residents have fled further inland or out of the region completely, said Col. Mike Edmondsen, a Louisiana state police commander, to the AP.
Only time will tell if Gustav will pack a similar punch to that of Katrina. It is apparent that Mayor Nagin isn't taking anything for granted this time around. President Bush is also standing by in neighboring Texas, ready to visit the storm-effected region and help deliver aid and comfort. 
Friday, August 29, 2008

Who Is Governor Sarah Palin of Alaska?

Here are the Wikipedia details on Sarah Palin as of Aug 29th, 2008. You can bet this profile is going to update fast an often over the next few months

Sarah Heath Palin (born February 11, 1964) is the current Governor of Alaska, and a member of the Republican Party. She is the youngest and first female governor of Alaska. She is the Republican vice presidential candidate for the November 2008 election. Brought to statewide attention because of her whistleblowing on ethical violations by state Republican Party leaders, she won election in 2006 by first defeating the incumbent governor in the Republican primary, then a former Democratic Alaskan governor in the general election.

On August 29, the Associated Press reported that "speculation [has] moved to [Palin as a] darkhorse" pick for the vice president running mate slot by presumptive Republican nominee John McCain. The CNBC news service is now reporting that Palin will in fact be the GOP vice-presidential nominee. She is reported to be a possible choice for the Republican Party's nomination as Vice President of the United States in the 2008 election. Formal announcement of the presumptive nominee will be made in Dayton, Ohio on August 29, 2008, by Presidential candidate John McCain.

Family and personal background

Palin was born as Sarah Louise Heath in Sandpoint, Idaho, the daughter of Charles and Sally (Sheeran) Heath. Her family moved to Alaska when she was an infant. Charles Heath was a popular science teacher and coached track. The Heaths were avid outdoors enthusiasts; Sarah and her father would sometimes wake at 3 a.m. to hunt moose before school, and the family would regularly run 5k and 10k races.

Palin was the point guard and captain for the Wasilla High School Warriors, in Wasilla, Alaska, when they won the Alaska small-school basketball championship in 1982; she earned the nickname "Sarah Barracuda" because of her intense play. She played the championship game despite a stress fracture in her ankle, hitting a critical free throw in the last seconds. Palin, who was also the head of the school Fellowship of Christian Athletes, would lead the team in prayer before games.

In 1984, Palin was second-place in the Miss Alaska beauty pageant after winning the Miss Wasilla contest earlier that year, winning a scholarship to help pay her way through college. In the Wasilla pageant, she played the flute and also won Miss Congeniality.

Details of Palin's personal life have contributed to her political image. She hunts, eats moose burgers, ice fishes, rides snowmobiles, and owns a float plane. Palin holds a lifetime membership with the National Rifle Association. She admits that she used marijuana when it was legal in Alaska, but says that she did not like it.

Palin holds a bachelor's degree in journalism from the University of Idaho where she also minored in politics. She briefly worked as a sports reporter for local Anchorage television stations while also working as a commercial fisherman with her husband, Todd, her high school sweetheart. One summer when she was working on Todd's fishing boat, the boat collided with a tender while she was holding onto the railing; Palin broke several fingers. Outside the fishing season, Todd works for BP at an oil field on the North Slope and is a champion snowmobiler, winning the 2000-mile "Iron Dog" race four times. The two eloped shortly after Palin graduated college; when they learned they needed witnesses for the civil ceremony, they recruited two residents from the old-age home down the street. Todd is a Native Yup'ik Eskimo. The Palin family lives in Wasilla, about 40 miles (64 km) north of Anchorage.

On September 11, 2007, the Palins' son Track joined the Army. Eighteen years old at the time, he is the eldest of Palin's five children. Track now serves in an infantry brigade and will be deployed to Iraq in September. She also has three daughters: Bristol, 17, Willow, 13, and Piper, 7. On April 18, 2008, Palin gave birth to her second son, Trig Paxson Van Palin, who has Down syndrome. She returned to the office three days after giving birth. Palin refused to let the results of prenatal genetic testing change her decision to have the baby. "I'm looking at him right now, and I see perfection," Palin said. "Yeah, he has an extra chromosome. I keep thinking, in our world, what is normal and what is perfect?"

Pre-gubernatorial political experience

Palin served two terms on the Wasilla City Council from 1992 to 1996. In 1996, she challenged the incumbent mayor, criticizing wasteful spending and high taxes. The ex-mayor and sheriff tried to organize a recall campaign, but failed. Palin kept her campaign promises, reducing her own salary, as well as reducing property taxes 60%. She ran for reelection against the former mayor in 1999, winning by an even larger margin. Palin was also elected president of the Alaska Conference of Mayors.

In 2002, Palin made an unsuccessful bid for Lieutenant Governor, coming in second to Loren Leman in a four-way race. After Frank Murkowski resigned from his long-held U.S. Senate seat in mid-term to become governor, Palin interviewed to be his possible successor. Instead, Murkowski appointed his daughter, then-Alaska State Representative Lisa Murkowski.

Governor Murkowski appointed Palin Ethics Commissioner of the Alaska Oil and Gas Conservation Commission, where she served from 2003 to 2004 until resigning in protest over what she called the "lack of ethics" of fellow Alaskan Republican leaders, who ignored her whistleblowing complaints of legal violations and conflicts of interest. After she resigned, she exposed the state Republican party's chairman, Randy Ruedrich, one of her fellow Oil & Gas commissioners, who was accused of doing work for the party on public time, and supplying a lobbyist with a sensitive e-mail. Palin filed formal complaints against both Ruedrich and former Alaska Attorney General Gregg Renkes, who both resigned; Ruedrich paid a record $12,000 fine.

Governorship

Governor Palin visits a wounded soldier in Landstuhl, Germany, July 2007

Governor Palin visits a wounded soldier in Landstuhl, Germany, July 2007

In 2006, Palin, running on a clean-government campaign, executed an upset victory over then-Gov. Murkowski in the Republican gubernatorial primary. Despite the lack of support from party leaders and being outspent by her Democratic opponent, she went on to win the general election in November 2006, defeating former Governor Tony Knowles. Palin said in 2006 that education, public safety, and transportation would be three cornerstones of her administration.

When elected, Palin became the first woman to be Alaska's governor, and the youngest governor in Alaskan history at 42 years old upon taking office. Palin was also the first Alaskan governor born after Alaska achieved U.S. statehood. She was also the first Alaskan governor not to be inaugurated in Juneau, instead choosing to hold her inauguration ceremony in Fairbanks. She took office on December 4, 2006.

Highlights of Governor Palin's tenure include a successful push for an ethics bill, and also shelving pork-barrel projects supported by fellow Republicans. Palin successfully killed the Bridge to Nowhere project that had become a nationwide symbol of wasteful earmark spending. "Alaska needs to be self-sufficient, she says, instead of relying heavily on 'federal dollars,' as the state does today."

She has challenged the state's Republican leaders, helping to launch a campaign by Lieutenant Governor Sean Parnell to unseat U.S. Congressman Don Young and publicly challenging Senator Ted Stevens to come clean about the federal investigation into his financial dealings. Palin supports holding occasional legislative sessions outside the state capital, and municipal revenue sharing to help local governments.

In 2007, Palin had an approval rating often in the 90s. A poll published by Hays Research on July 28, 2008 showed Palin's approval rating at 80%.

Energy policies

Palin's tenure is noted for her independence from big oil companies, while still promoting resource development. Palin has announced plans to create a new sub-cabinet group of advisors, to address climate change and reduce greenhouse gas emissions within Alaska.

Shortly after taking office, Palin rescinded an appointment by Murkowski of his former chief of staff Jim Clark to the Alaska Natural Gas Development Authority, one of thirty-five appointments made by Murkowski in the last hour of his administration that she reversed. Clark later pled guilty to conspiring with a defunct oil-field-services company to channel money into Frank Murkowski's re-election campaign.

In March 2007, Palin presented the Alaska Gasline Inducement Act (AGIA) as the new legal vehicle for building a natural gas pipeline from the state's North Slope. Only one legislator, Representative Ralph Samuels, voted against the measure, and in June Palin signed it into law. On January 5, 2008, Palin announced that a Canadian company, Transcanada, was the sole AGIA-compliant applicant.

In response to high oil and gas prices, and in response to the resulting state government budget surplus, Palin proposed giving Alaskans $100-a-month energy debit cards. She also proposed providing grants to electrical utilities so that they would reduce customers' rates. She subsequently dropped the debit card proposal, and in its place she proposed to send Alaskans $1,200 directly and eliminate the gas tax.

Social issues

Palin is strongly pro-life and belongs to Feminists for Life. She opposes same-sex marriage, but she has stated that she has gay friends and is receptive to gay and lesbian concerns about discrimination. While the previous administration did not implement same-sex benefits, Palin complied with a state Supreme Court order and signed them into law.

She supported a democratic advisory vote from the public on whether there should be a constitutional amendment on the matter. Alaska was one of the first U.S. states to pass a constitutional ban on gay marriage, in 1998, along with Hawaii.

Palin's first veto was used to block legislation that would have barred the state from granting benefits to gay state employees and their partners. In effect, her veto granted State of Alaska benefits to same-sex couples. The veto occurred after Palin consulted with Alaska's attorney general on the constitutionality of the legislation.

Matanuska Maid Dairy closure

When the Alaska Creamery Board recommended closing Matanuska Maid Dairy, an unprofitable state-owned business, Palin objected, citing concern for the impact on dairy farmers and the fact that the Dairy had just received $600,000 in state money. When Palin learned that only the Board of Agriculture and Conservation could appoint Creamery Board members, she simply replaced the entire membership of the Board of Agriculture and Conservation. The new board, led by businesswoman Kristan Cole, reversed the decision to close. The new board approved milk price increases offered by the dairy in an attempt to control fiscal losses, even though milk from Washington was already offered in Alaskan stores at lower prices. In the end, the dairy was forced to close, and the state tried to sell the assets to pay off its debts but received no bids.

Budget

In the first days of her administration, Palin followed through on a campaign promise to sell the Westwind II jet purchased (on a state government credit account) by the Murkowski administration. The state placed the jet for sale on eBay three times. In August 2007, the jet was sold for $2.7 million.

Shortly after becoming governor, Palin canceled an 11-mile (18-kilometer) gravel road outside of Juneau to a mine. This reversed a decision made in the closing days or hours of the Murkowski Administration.

In June 2007, Palin signed into law the largest operating budget in Alaska's history ($6.6 billion). At the same time, she used her veto power to make the second-largest cuts of the construction budget in state history. The US$237 million in cuts represented over 300 local projects, and reduced the construction budget to nearly US$1.6 billion.

Commissioner dismissal

On July 11, 2008, Governor Palin dismissed Walter Monegan as Commissioner of Public Safety and instead offered him a position as executive director of the state Alcoholic Beverage Control Board, which he subsequently turned down. Monegan alleged shortly after his dismissal that it may have been partly due to his reluctance to fire an Alaska State Trooper, Mike Wooten, who had been involved in a divorce and child custody battle with Palin's sister, Molly McCann. In 2006, before Palin was governor, Wooten was briefly suspended for ten days for threatening to kill McCann's (and Palin's) father, tasering his 11-year-old stepson, and violating game laws. After a union protest, the suspension was reduced to five days.

Governor Palin asserts that her dismissal of Monegan was unrelated to the fact that he had not fired Wooten, and asserts that Monegan was instead dismissed for not adequately filling state trooper vacancies, and because he "did not turn out to be a team player on budgeting issues." Palin acknowledges that a member of her administration, Frank Bailey, did contact the Department of Public Safety regarding Wooten, but both Palin and Bailey say that happened without her knowledge and was unrelated to her dismissal of Monegan. Bailey was put on leave for two months for acting outside the scope of his authority as the Director of Boards and Commissions.

In response to Palin's statement that she had nothing to hide, in August 2008 the Alaska Legislature hired Steve Branchflower to investigate Palin and her staff for possible abuse of power surrounding the dismissal, though lawmakers acknowledge that "Monegan and other commissioners serve at will, meaning they can be fired by Palin at any time." The investigation is being overseen by Democratic State Senator Hollis French, who says that the Palin administration has been cooperating and thus subpoenas are unnecessary. The Palin administration itself was the first to release an audiotape of Bailey making inquiries about the status of the Wooten investigation.

Wooten and the police union alleged that the governor had improperly released his employment files in his divorce case. However, McCann's attorney released a signed waiver from Wooten demonstrating that Wooten had authorized the release of his files through normal discovery procedures.

She has had a great deal of interesting types of experience, and with that kind of background, it is hard not to like her. She has appeal to almost every category or lifestyle of people like someone created a checklist of characteristics of everyone from the Democratic and Republican parties and then went down the checklist confirming that she met the qualifications:

  • Moose Hunting - Check
  • pilot a plane - Check
  • kick out corrupt republicans - check
  • fight the oil industry - check
  • Have 5 kids - check
  • Sports Jock - check
  • Public Speaking education and skills - check
  • couple decades of public service - check
Only thing she seems to be missing is:
  • worked as a nun
  • served in the military
  • brokered an international peace accord
  • Brought a lawsuit against retailers for buying dollhouses, and then marking them up to overpriced levels and selling them to orphans at christmas time

Many Major Clinton Donors Now Donating to McCain

Check out this ABC News article on some of the major campaign donors that previously donated to Hillary Clinton and are now donating the maximum amount possible to John McCain.

http://abcnews.go.com/…ions/Story

Per the story, in addition to these serious campaign contributors saying,

"I talk to plenty of people like me who just won't accept an unqualified president."

Obama has heretofor raised a lot of money, but the real race starts Friday. Those hundreds of millions of dollars raised so far, only convinced Democrats to vote for Obama. That's only 1/3 of the US population. There is another 1/3 that are swing voters, independents etc that don't vote along party lines.

Obama has to raise money to reach those people if he is going to win. That means he has to raise all that money all over again and he has to do it within 2 months.
Mobile post sent by brettbum using Utterzreply-count Replies.
Monday, August 25, 2008

Olympic Inspired Political Empowerment

The 29th Olympiad has come to an end and despite numerous scandals and propaganda the games have been deemed an incredible success. In fact, the games may be even more than successful when it comes to the future of Hu Jintao's possible successor Vice-President Xi Jinping. Jinping, who was placed in charge of Olympic operations has reinforced his standing as well as his political clout due to the success of the games.
Having pulled over a million cars off the streets, shutting down factories and launching rockets skyward to germinate clouds to repel smog, Jinping would stop at nothing to ensure the highest level of approval of the Beijing games. In addition to creating favorable conditions for the games, Jinping also managed to quell the masses of human rights activists and political protests staged at the games. 
There are however, a number of "scandals" pending in which all the propaganda in the world couldn't prevent, such as the lip synching at the opening ceremony, the underage female gymnastics team as well as judging inconsistencies. Granted, you can almost always count on one scandal or another at the quadrennial event, but when gymnasts don't even appear old enough to have ever even needed acne products, questions are bound to arise.
Despite everything else, the Beijing Olympics were an incredible success and the host nation should be proud of its hard work. The bar has clearly been raised, it will be interesting to see how London does as a host city in 2012.