News July 13th 2010

Proud to say that this last weekend was a hummer.

My son Chris married Rachael Briley in Portland, Tennessee in a church ceremony. I was proud of both.

Adam said: “This is now bone of my bones and flesh of my flesh.” – Genesis 2:23

There is a miracle at hand. Let us pray that it be strong and devoted because to pledge your life to another is indeed an act of faith that requires belief in miracles. Thankfully, God is in that business. Animal rights industry – the evil leading the blind and clueless. Civil rights vs. animal rights – bearing arms or arming bears. You don’t compromise on your own destruction, you avoid it entirely….Glenn Beck 11-12-09

If “Big E” is euthanized, he would be the first dog at the Richland County Humane Society to be put down for space purposes.

We definitely do not want to do this, but if we’re full, we do wonder what we are going to do for other dogs who need help,” said supervisor Missy Houghton, noting the board has hinted at his euthanization. “We also have to look at the general well being of everything, like how is it for a dog to live in a shelter for an extended amount of time? How stressful is it for him to be there?”

Houghton said “Big E” has the body of a lab, but the head of a mastiff.

Black Leader Requests Obama Call for Black Panther Special Prosecutor – Again

Washington, D.C. — After seven months of silence, and with controversy growing by the day, the chairman of the Project 21 black leadership network sent President Barack Obama a second certified letter asking for the appointment of a special prosecutor to investigate the Justice Department’s questionable handling of its voter intimidation case against members of the New Black Panther Party.

News from the LeftNevada Republican Sharron Angle might want to steer clear of radio talk shows. Angle – who wants abortion banned under all circumstances – suggested that a 13-year-old girl who was raped by her father should just turn “a lemon situation into lemonade.” This is the same woman who suggested that getting pregnant after a rape just might be “God’s plan.” This kind of utter disdain for the impact of rape on women’s lives simply can’t be tolerated – especially in the United States Senate. I guess this story is relevant to the Democrat view of government.

NUMBER-CRUNCHER IN CHIEF – President Obama announced today he plans to nominate Jacob Lew, currently Deputy Secretary of State for Management and Resources, to head OMB. If confirmed, Lew would replace OMB Director Orszag, who is stepping down this month. Lew served as President Clinton’s OMB director from 1998 to 2001 and was also a member of the National Security Council. “The experience and good judgment Jack has acquired throughout his impressive career in the public and private sector will be an extraordinary asset to this administration’s efforts to cut down the deficit and put our nation back on a fiscally responsible path,” Obama said in a statement.

NOT QUITE READYThe Senate Judiciary Committee will vote on the nomination of Solicitor General Elena Kagan on Tuesday, July 20, after Senate Judiciary ranking member Jeff Sessions requested a one-week delay, as expected. Committee rules allow a vote to be put off once for one week at any member’s request. “We will meet next Tuesday and we will complete it,” Senate Judiciary Chairman Patrick Leahy said. Sessions faulted Kagan for not indicating in written responses to questions that she will recuse herself from future challenges to the federal government’s ability to require people to buy healthcare under the Constitution’s Commerce clause. Sessions said he found it hard to believe Kagan, as solicitor general, had not advised on the legality of the individual mandate.

NEW HEAD FOR PhRMAWashington’s leading brand-name pharmaceutical lobbying group announced today that John Castellani of the Business Roundtable will replace former Louisiana GOP Rep. Billy Tauzin as its president. Castellani has led the Washington association of CEOs, which played a role in healthcare overhaul efforts, for nine years. He will start at PhRMA on Sept. 1. “The pharmaceutical industry touches millions of people around the world,” said Castellani. “As U.S. healthcare reform is implemented, I look forward to working with the dedicated people of the industry, public officials and other key stakeholders in the healthcare community to ensure that the benefits of the legislation help the most Americans possible.”

THE CREDIT CRUNCH – While it is clear small businesses need to get credit more quickly, it is difficult to say whether the problem lies with firms for not asking for loans, or with banks for being reluctant to lend, Federal Reserve Chairman Ben Bernanke said today in prepared remarks reported by the Associated Press. “Making credit accessible to sound small businesses is crucial to our economic recovery,” Bernanke said at Fed conference in Washington. “More must be done.” He noted small businesses employ about half of all Americans and contribute to 60 percent of gross domestic product, with newer firms especially vital for job creation. But small-business lending is still falling despite the improving economy and efforts by the Fed. Lending has fallen from more than $710 billion in the second quarter of 2008 to less than $670 billion in the first quarter of this year. Business owners often cite the declining value of real estate and other collateral that could secure loans as an especially tough challenge, Bernanke said.

NEW HIRE –  JPMorgan Chase & Co. announced yesterday morning that former Sen. Mel Martinez, R-Fla., will join the bank as its chairman of Florida, Mexico and Central America operations. Martinez will serve on the bank’s executive committee and be its senior executive in the region, with responsibilities that include overseeing its outreach to governments. Martinez leaves DLA Piper in Orlando, where he had been a partner in the law firm. He served as the first HUD secretary in the George W. Bush administration and was later elected to the Senate in 2004, stepping down last year. JPMorgan Chase Chairman and CEO Jamie Dimon said Martinez’s “record of perseverance, hard work and integrity” would help compliment his firm. Central Banks Abandoning The U.S. Dollar – If the U.S. dollar is no longer the reserve currency the government cannot continue the orgy of deficit spending. Taxes will skyrocket on the few remaining America workers to support our trillion dollar a year military and corporate handouts. Programs like public schools, food stamps and unemployment are chopped.

Corporate CEOs Won’t Invest in America, Why Should You? – There is no end of economists, analysts, and reporters filling the air with investment recommendations. Is the stock market oversold? Should we invest for inflation or deflation? And so on. That is talk. American CEOs are voting with their feet. Since they aren’t investing in the United States, does it make sense for the individual stockholder or bondholder to do so?

%d bloggers like this: