Quote of the Week
FBI informant's testimony on infiltrating the Weather Underground:Tags: Weather Underground Ayres
From the Pew Research Center:Voters overwhelmingly believe that the media wants Barack Obama to win the presidential election. By a margin of 70%-9%, Americans say most journalists want to see Obama, not John McCain, win on Nov. 4. Another 8% say journalists don't favor either candidate, and 13% say they don't know which candidate most reporters support.
Tags: Pew poll media wants Obama
Rush Limbaugh:Now, if you're Obama, and you've just got through digesting the wonderfulness of the Powell endorsement, then you hear that your highly esteemed, really, really brilliant vice presidential nominee is out there guaranteeing a world crisis in six months, and guaranteeing that Obama's poll numbers are going to be in the sewer, and begging people for support when all this happens, what is your reaction? You probably say, "Could I get Sarah Palin on my ticket?"
From Der Spiegel:The banking crisis is upending American dominance of the financial markets and world politics. The industrialized countries are sliding into recession, the era of turbo-capitalism is coming to an end and US military might is ebbing. Still, this is no time to gloat.
There are days when all it takes is a single speech to illustrate the decline of a world power. A face can speak volumes, as can the speaker's tone of voice, the speech itself or the audience's reaction. Kings and queens have clung to the past before and humiliated themselves in public, but this time it was merely a United States president.
Or what is left of him.Tags: financial crisis
From The Anchoress:If you criticize Obama you’re a racist. If you look into his associations, you’re “being dangerous.” If Obama loses, we’re told by Democrat James Carville that Obama supporters “will riot” (the most racist thing I’ve yet heard in this election, btw) and of course, if you look into voter fraud and ACORN and its mad history of voter intimidation, fraud and suppression, well…that’s probably racist, too. Meanwhile he’s got Camp Obama going on, training folks for agitation on election day, and he’s telling his supporters to “get in their faces.”
What a leader. Seems like “the One” shouldn’t have to do all this manipulating and training, doesn’t it?Tags: Obama
Larry Kudlow:While the presidential candidates were debating in Nashville on Tuesday night the Asian stock markets were selling off by 10 percent. Earlier in the day the U.S. market plunged by 500 points. These were big-time drops, yet presidential debaters never talk about the stock market. Nashville was no exception.
Roughly $2 trillion in U.S. shareholder capital has been lost in the past 15 months. Stocks are down 20 percent over the last month alone. Those are nasty hits. Stock market people are very unhappy campers right now. And the bad-news financial statements for September are now either in the mail or on the kitchen table. But there were no references to investors either by McCain or Obama on Tuesday night. This is nuts.
Tags: investor class Kudlow
Victor Davis Hanson explains the financial debacle:How odd that all those boring lessons from our grandparents turn out to be true in the globalized, hip 21st century: Save your money. Don't borrow what you can't pay back. Look first at a man's character, not his degrees. And if a promised return on an investment seems too good to be true, it probably is.
Thomas Sowell's perspicacity:The money that can be saved by limiting CEO pay is chump change compared to the money that can be lost because you cannot attract top-notch talent.
Read the whole article.
Congress itself is a classic example of what can happen when penny-wise policies restrict the caliber of people who can be attracted.
No top-level doctor, lawyer, economist, engineer or CEO can become a member of Congress without taking a big pay cut, perhaps costing that person's family millions of dollars over a lifetime.
On the other hand, if you paid every member of Congress a million dollars a year, it would cost less than the cost of even a small government boondoggle, much less a whole agency.
It is not that the turkeys in Congress today deserve a raise. They don't even deserve their current pay. But that is the very reason for attracting different people. Cheap politicians are actually very expensive and the same principle applies to CEOs.
Patriot Day, 2008
September 11, 2001, was etched into America's memory when 19 terrorists attacked us with barbarity unequaled in our history. On Patriot Day, we cherish the memory of the thousands of innocent victims lost, extend our thoughts and prayers to their families, and honor the heroic men and women who risked and sacrificed their lives so others might survive.
Since 9/11, we have recognized the threat posed by terrorists to the safety of the American people and worked to protect our homeland by fighting terrorists abroad. We are confronting terrorism by advancing freedom, liberty, and prosperity as an alternative to the ideologies of hatred and repression.
Our Nation pays tribute to our courageous men and women in uniform serving around the world and the devoted members of our law enforcement, public safety, and intelligence communities at home who work night and day to protect us from harm and preserve the freedom of this great Nation.
Seven years ago, ordinary citizens rose to the challenge, united in prayer, and responded with extraordinary acts of courage, with some giving their lives for the country they loved. On Patriot Day, we remember all those who were taken from us in an instant and seek their lasting memorial in a safer and more hopeful world. We must not allow our resolve to be weakened by the passage of time. We will meet the test that history has given us and continue to fight to rid the world of terrorism and promote liberty around the globe.
By a joint resolution approved December 18, 2001 (Public Law 107-89), the Congress has designated September 11 of each year as "Patriot Day."
NOW, THEREFORE, I, GEORGE W. BUSH, President of the United States of America, do hereby proclaim September 11, 2008, as Patriot Day. I call upon the Governors of the United States and the Commonwealth of Puerto Rico, as well as appropriate officials of all units of government, to direct that the flag be flown at half-staff on Patriot Day.
I also call upon the people of the United States to observe Patriot Day with appropriate ceremonies, activities, and remembrance services, to display the flag at half-staff from their homes on that day, and to observe a moment of silence beginning at 8:46 a.m. eastern daylight time to honor the innocent Americans and people from around the world who lost their lives as a result of the terrorist attacks of September 11, 2001.
IN WITNESS WHEREOF, I have hereunto set my hand this eighth day of September, in the year of our Lord two thousand eight, and of the Independence of the United States of America the two hundred and thirty-third.
GEORGE W. BUSH
Ed Driscoll on the no-nos of political etiquette.Tags: political etiquette
Here's a great link from the Wall Street Journal that has all the political campaign ads by the Democrats, the Republicans and various interest groups. Tags: elections campaign ads
A 1908 Wright Model A aircraft flew on Sept. 3, 1908. In 1909 the Army awarded a contract to the Wright brothers for the first military airplane.Tags: military aviation 100 years
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