Archive for the ‘corruption’ Category

We are alone when the trouble comes.

Saturday, June 27th, 2015

ISIS shooter

The saying is “When seconds count, the police are only minutes away.”

I have a gun in my bedside table but do not carry one when I go out. At one time, about the time of the Rodney King riots, I had to go to LA to give a lecture and I put a gun in my car center console. Right now, I am concerned with whether we will see a terror attack next weekend.

Richard Fernandez has more to say about this today and, as usual, what he says is worthwhile. The photo above is of the ISIS murderer at Tunisia where he killed 37 people, all tourists, and walked along as though he was out for a stroll.

Massacre

The staff of the hotel wash the blood from the site of the massacre.

Why did this happen ? Aside from the foolishness of British tourists going to a country where there was another attack recently. A previous attack killed 19 in March.

One commenter wondered what Someone was doing while this ‘tragedy’ occurred. “How come there was an alarm raised, carrying that machine gun, it was obvious to the onlookers in the picture. Somebody could have prevented another tragedy in the name of this perverse and ancient religion.”

Yes, where was that Someone ?

The West is filled with millions of people like Alex, all of them waiting for Someone.

Alex, a 23-year-old Sunday school teacher and babysitter, was trembling with excitement the day she told her Twitter followers that she had converted to Islam.

For months, she had been growing closer to a new group of friends online — the most attentive she had ever had — who were teaching her what it meant to be a Muslim. Increasingly, they were telling her about the Islamic State and how the group was building a homeland in Syria and Iraq where the holy could live according to God’s law.They are the product of a multi-decade campaign to deliberately empty people of their culture; to actually make them ashamed of it. They were purposely drained of God, country, family like chickens so they could be stuffed with the latest narrative of the progressive meme machine. The Gramscian idea was to produce a blank slate upon which the Marxist narrative could be written.

She is looking for Someone.

Too bad for the Gramscians that the Islamists are beating them to the empty sheets of paper. And they are better at it too.

George Orwell observed the takeover of hardcore Bolshevism by the periphery in the 1930s.

The first thing that must strike any outside observer is that Socialism, in its developed form is a theory confined entirely to the middle classes. The typical Socialist is not, as tremulous old ladies imagine, a ferocious-looking working man with greasy overalls and a raucous voice. He is either a youthful snob-Bolshevik who in five years’ time will quite probably have made a wealthy marriage and been converted to Roman Catholicism; or, still more typically, a prim little man with a white-collar job, usually a secret teetotaller and often with vegetarian leanings, with a history of Nonconformity behind him, and, above all, with a social position which he has no intention of forfeiting.

This is so typical of the gay marriage crowd who ignore the world while focusing on minutiae.

Meanwhile, the Obama Administration ignores ISIS hostages.

The White House did not do enough to rescue the four Americans. During Steve’s imprisonment, it rarely worked with the hostages’ families, kept them in the dark, and was essentially passive, rather than discussing ways to secure their release.During Steve’s imprisonment, it rarely worked with the hostages’ families, kept them in the dark, and was essentially passive, rather than discussing ways to secure their release. And though the White House finally authorized an extraction attempt in late June 2014, it waited far too long to do so.

Whether this is a good idea is another matter but the Administration is doing nothing and worse than nothing,

The FBI was useless. Its tasks were alternately to extract information and to comfort the family. It never shared intelligence. One European hostage, who was incarcerated with the Americans and subsequently released, told me he was shocked that the FBI seemed more interested in gathering evidence to prosecute the hostage-takers than it was in locating the Americans. Our lead agent misled me on several occasions,

Fernandez’ advice is simple.

That Someone’s busy with transfat, transgender and alternative marriage issues. He can’t bother with protecting borders. Just leave your number and the time you called, and he’ll get back to you. The state has finally achieved both universal jurisdiction and total impotence at one and the same moment.

What is to be done? The first task is to start gathering a circle of friends who live within walking distance of your home. Four people — a handyman, a nurse or doctor, an ex-cop or soldier and a strongback for preference — will do. Your second task is to support the causes you care about. Volunteer at your church or club. If you have no club, start one. Donate to your favorite website. If you don’t have a favorite, find one or go online yourself. Buy the book of an author you admire. And switch off the damned telescreen.

I am not into conspiracy theories. I don’t think Obama wants to take our guns away to leave us helpless in the face of terrorists. On the other hand, what would he doing differently if that was what he wanted ?

I wonder if that Confederate flag will become a symbol of freedom.

Saturday, June 27th, 2015

Confederate_Rebel_Flag.svg

The hysteria is in high gear over the Confederate battle flag. The controversy began with the the shooting of nine people in the Emmanuel AME Church in Charleston, SC by a schizophrenic young man. South Carolina is, of course, the first state to secede from the union after Lincoln’s election in 1860. Since the Civil War, South Carolina has been ruled by the Democratic Party until the past few years when Republicans have elected the governor and legislature. In 1962, in an act of defiance, Governor Fritz Hollings (D) presided over the placing to the Confederate flag on the capital building. The flag was subsequently moved to a Confederate memorial on the capital grounds by a Republican governor.

Meanwhile, Fox News’s Special Report noted this fact during one of the show’s “All-Star Panel” segments with host Bret Baier alluding to it as well as how a Republican was in office when the flag was taken down from the dome and moved to the Capitol’s grounds as a compromise in 1998.

The shooter appears to me to be a paranoid schizophrenic who lived in appalling conditions with a weird father who seemed to care little about his welfare.

The hysteria about the Confederate flag seems to be a planned assault on southern states and on conservative politics. The fact that the South was ruled by Democrats until very recently is also an issue for these people who resent the recent appeal of the Republican Party. The cry of “Racism” seems a bit exaggerated when there is a trend recognized even by the leftist New York Times of black families moving back to the southern states.

The percentage of the nation’s black population living in the South has hit its highest point in half a century, according to census data released Thursday, as younger and more educated black residents move out of declining cities in the Northeast and Midwest in search of better opportunities.

The share of black population growth that has occurred in the South over the past decade — the highest since 1910, before the Great Migration of blacks to the North — has upended some long-held assumptions.

Both Michigan and Illinois, whose cities have rich black cultural traditions, showed an overall loss of blacks for the first time, said William Frey, the chief demographer at the Brookings Institution.

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Is the Republican Party Worthwhile ?

Sunday, June 14th, 2015

hillary

Today, an interesting column was published suggesting that, if the Republicans don’t beat Hillary, they should just disband the party.

I think this makes some sense. We have an attractive group of candidates and some valid issues, including the economy and foreign policy. She is a terrible candidate.

Add this to the mounting scandals, polls showing a lack of trust for her, the historical difficulty of political parties winning three presidential elections in a row, and the deep bench of fresh-faced Republican options, and the GOP should be in prime position to win the next election.

But the next election will test whether demographic headwinds are too much for Republicans to overcome.

Maybe the country is just not serious about issues anymore.

She brought up Republican skepticism on climate change and opposition to abortion, saying “they shame and blame women rather than respect our right to make our own reproductive health decisions.”

She blasted Republicans for supporting policies that would increase deportation of immigrants and for “turn[ing] their backs on gay people who love each other.” She lashed out at Republican support for voter ID laws. “I’ll fight back against Republican efforts to disempower and disenfranchise young people, poor people, people with disabilities and people of color,” she said. And she argued that, “Fundamentally, [Republicans] reject what it takes to build an inclusive economy. It takes an inclusive society.”

Some of us read history and can recall that the Whig Party dissolved over the issue of slavery. The history of the Whig Party was of a party devoted to economic progress. It was also a party of opposition. Lincoln, when a Whig, opposed the Mexican War at some cost to himself.

The work of the Whigs was, as (James G.) Blaine admitted, negative and restraining rather than constructive. Still, “if their work cannot be traced in the National statute books as prominently as that of their opponents, they will be credited by the discriminating reader of our political annals as the English of to-day credit Charles James Fox and his Whig associates—for the many evils they prevented.” If that is true, then we have not had very much in the way of “impartial” histories of American politics since Blaine’s day.

Also true. Particularly Coolidge and Harding were slandered by the Progressives of the New Deal and its apologists.

Part of the success of Schlesinger’s casting of antebellum America as Jacksonian lay in Schlesinger’s identification of Andrew Jackson and Jackson’s Democratic party with Franklin Delano Roosevelt and the New Deal. To this day, one comes away from The Age of Jackson with the clear sense that Jackson and the Jacksonians embodied democracy and championed the interests of the “common man,” while the Whigs were the voice of selfish elite interests, and looked like nothing so much as forecasts of Herbert Hoover and Robert Taft.

The Republicans have had hardly better treatment by the news media of today than the Whigs by the Progressives.

[T]he question arose whether the Whig complaint against Jacksonian Democracy might have had more substance to it than it had seemed.

That question rose first in one of the genuinely pathbreaking works of American political history, Daniel Walker Howe’s The Political Culture of the American Whigs (1979).

The Whigs sound more like Republicans today than those of the 19th century.

Howe reintroduced the Whigs, not as Eastern elitists bent upon wickedly obstructing the righteous class-leveling justice of Jackson/Roosevelt, but as the “sober, industrious, thrifty people,” as the party of the American bourgeoisie, attracting the economic loyalty of small businesses and small commercial producers, and enlisting the political loyalty of those who aspired to transformation. Transformation was the key concept. It made the Whigs optimistic and serious all at once, since it embraced both the religious moralists and moral philosophers of the established denominations and colleges who preached personal and moral transformation as well as the upwardly mobile professionals who found in the dynamic world of international commerce the opportunity to escape from rural isolation and agrarian drudgery.

Sound familiar ? The Whigs were the party of railroads and canals that linked commerce across the country. Their fall from power, and from grace, occurred as the culture broke apart in the colossal struggle with slavery.

it was the Whigs who advocated an expansive federal government—but it was a government that would seek to promote a general liberal, middle-class national welfare, promoting norms of Protestant morality and underwriting the expansion of industrial capitalism by means of government-funded transportation projects (to connect people and markets), high protective tariffs for American manufacturing, and a national banking system to regulate and standardize the American economy.

The question today is whether the Republican Party can cope with the rapid debasement of the culture with gay marriage and bizarre aberrations like transexual exhibitionism.

The Democrats seem to be succeeding with their new emphasis on the strange and the bizarre.

Jackson’s Democrats came off as frightened, snarling, and small-mindedly anticapitalist in mentality. Jacksonianism glorified agriculture and defined wealth as landholding, and its interest in the “common man” was limited to building defenses around an agrarian stasis—simple subsistence farming, trade in kind, and no taxes, banks, or corporations—that would never be threatened by the demons of competition or the fluctuations of markets. Linked to this preoccupation with stasis and personal independence was the Jacksonians’ resistance to public declarations of morality.

Andrew Jackson fought a duel with a man who criticized his wife, Rachel, who had some controversy regarding her previous marriage.

During the presidential election campaign of 1828, supporters of John Quincy Adams, Jackson’s opponent, accused his wife of being a bigamist, among other things.

Here is Holt’s story of the Whigs, in as compressed a fashion as possible: Rather than being a branch out of the root of Federalism, the Whigs evolved like the Jacksonians from the original Jeffersonian Republicans who triumphed in the “Revolution of 1800.” They were originally an opposition faction to Andrew Jackson in the 1820s, but they detached themselves as a separate organization in 1834 under the leadership of Jackson’s nemesis, Henry Clay of Kentucky, and took the name Whig to underscore their opposition to Jackson’s high-handed near-dictatorship in the presidency. They cast themselves first as republican antimilitarists.

The modern Republican Party has adopted national security as a core issue but it was not always so. Democrats dominated military subjects from 1912 until Lyndon Johnson when the party revolted over the Vietnam War. Republicans fought the Civil War over slavery, the basic reason of the party, but the rest of the century was one of peace and only Theodore Roosevelt, a figure of the early Progressive Movement, was interested in war. His career really took wing with the Spanish-American War, which was not a “war of necessity” shall we say.

The 1837 economic panic also set in place the two principal mechanisms for Whig electoral success, which were (a) to concentrate public attention on the failings of Democratic politics and (b) to scoop up the largest percentage of new voters in every presidential cycle. It is a significant point in Holt’s description of antebellum parties that American voters, once recruited to a party, rarely switched allegiances over time. What was critical in each presidential cycle, then, was to energize the existing Whig voter base by throwing their policy distinctives into sharp contrast to the Democrats’ and by organizing new voters.

Can the Republicans, or a succeeding party, interest new voters ? The welfare state did not exist prior to the New Deal and this has warped American politics in new and unprecedented ways.

[W]henever it made the mistake of relying on charming personalities to head tickets or making generous accommodations with the Democrats on major issues [it lost ground]. But keeping such focus steady was an ideological problem for Whigs. They prided themselves on being a coalition of independent thinkers, unlike (in their imagination) the disciplined faithful of the Democrats, and they did not hesitate to turn on each other with divisive and disheartening abandon. Linked to that, the Whigs valorized the image of themselves as statesmen rather than (like their opposite numbers) party hacks who loved politics only for the power political office conferred.

The similarity is striking. There are differences, of course,. The issues of the 1850s were not the same as they are now but there is a theme to be kept in mind.

What finished the Whigs was their failures, not over national policy questions, but in the state and congressional elections in 1854 and 1855, where the new parties could get the most ready purchase on the electorate. No longer did Whig voters, galvanized by Democratic awfulness, take their votes to Whig candidates to express their disgust; they could go to the Know-Nothings, to the Free-Soilers, the Republicans, and so on.

Third parties are no solution to the problem of the Republicans. I think the Tea Party must capture the party mechanisms and oust the representatives of The Ruling Class. If that does not occur peacefully, it may occur with violence.

What’s with the Trade Bill ?

Thursday, June 11th, 2015

For years we have had trade authority granted to presidents as “fast track” authority so the treaties don’t become bidding wars in Congress. The treaty has to be voted up or down as a single entity. This has been done under Democrat and Republican presidents with Republicans usually more in favor of free trade. Under Bill Clinton, we had The North American Free Trade Agreement or NAFTA which was controversial on issues like Mexican truck drivers qualifications.

Obama has delayed a trade treaty with Columbia for political reasons for years until the GOP dominated Congress ratified the treaty in 2012, eight years after it was negotiated under Bush.

Colombia’s Congress approved the agreement and a protocol of amendment in 2007. Colombia’s Constitutional Court completed its review in July 2008, and concluded that the Agreement conforms to Colombia’s Constitution. President Obama tasked the Office of the U.S. Trade Representative with seeking a path to address outstanding issues surrounding the Colombia FTA.[2] The United States Congress then took on the agreement and passed it on October 12, 2011. The agreement went into effect on May 15, 2012.

At present President Obama is asking for “fast Track Authority” and may finally get it but the opposition is different this time.

The House will vote Friday on a bill that would give fast-track trade authority to President Barack Obama, a measure likely headed for passage in a close vote after months of lobbying by the White House and business groups.

Representative Kevin McCarthy, the California Republican who is majority leader, set out in a memo to lawmakers a two-day vote schedule designed to solidify support of Democrats who will back the bill. The House begins Thursday with a measure to promote trade with poorer countries.

Not all Republicans are on board, many because much of the bill is secret.

Regarding the Trans-Pacific Partnership, for example, there are around 30 major “chapters” being negotiated, many of which would reshape the rules and legal environment for business in the 21st century. Only a few of these 30 chapters directly involve “market access,” such as tariff rates and quota restrictions. Many more deal with cross-border investment, investor-state relations and international business regulation. Fast-track authority granted now would enable the administration to negotiate fundamental changes in business law and regulation without democratic scrutiny of the deals until it’s too late.

Both left and right are concerned about the secrecy. There have been disclosures of alleged portions of the bill.

The latest trove of secret trade documents released by Wikileaks is offering opponents of the massive deals currently being crafted by the Obama administration more fodder to show that such agreements can impact United States laws and regulations.

The latest leak purports to include 17 documents from negotiations on the Trade In Services Agreement, a blandly named trade deal that would cover the United States, the European Union and more than 20 other countries. More than 80 percent of the United States economy is in service sectors.

According to the Wikileaks release, TISA, as the deal is known, would take a major step towards deregulating financial industries, and could affect everything from local maritime and air traffic rules to domestic regulations on almost anything if an internationally traded service is involved.

Supporters, like the Wall Street Journal, which is using ad hominem style on opponents, are not addressing the arguments. The comments to the Journal article show it is not working.

A big free-trade vote is headed for the House floor as soon as Friday, and opponents have launched a honeypot operation to ply the dumber or more partisan Republicans into defeating the bill. Protectionists on the right claim that President Obama can’t be trusted, and their last gasp is to claim the bill includes secret new immigration powers that are nowhere in the bill.

I was not the only commenter who asked how they know this since the bill is secret. Supporters say the concerns are unfounded.

Brendan Buck, a spokesman for House Ways and Means Committee Chairman Paul Ryan (R-Wis.), pointed to the fast-track bill as a way to ensure people get to see what is in the deals before they pass, noting that under fast track, the president would have to unveil each proposal and wait for two months before Congress could vote on it.

“If secrecy is a concern, TPA is the solution,” Buck said. “For the first time, it will ensure a trade agreement is public and posted online for 60 days before it can be sent to Congress.”

If so, why is the bill a secret ?

This is the president who famously said, “If you like your doctor, you can keep your doctor.”

The problems seems to be a fundamental one of trust. After the Obama amnesty, who thinks he will respect the Constitution on trade agreements ?

Muslim Lives Matter

Tuesday, May 19th, 2015

black-lives-matter-1

The current trope on the left is that “Black Lives Matter.”

vietnam

The Democrats have an impressive record of genocide, beginning with the abandonment of South Vietnam. The Vietnam War was begun by Democrats, specifically John F Kennedy, who agreed to the assassination of South Vietnam leader Ngo Dinh Diem, who was killed by Vietnamese generals with Kennedy’s agreement.

Now we are faced with a somewhat similar situation in the Middle East. To quote Richard Fernandez, who I have always found reliable,

The collapse in the Middle East feels like Black April, 1975, the month South Vietnam fell. And it should, because just as the collapse of Saigon did not happen in Black April, but in a political American decision to allow South Vietnam to fall after a “decent interval”, so also is the ongoing collapse rooted, not in the recent tactical mistakes of the White House, but in the grand strategic decision president Obama made when he assumed office.

We are about to witness the total collapse of any American influence in the Middle East.

The reason the press has been trying to corner interviewees into “admitting” that George Bush made an error in toppling Saddam Hussein is the need to reassure themselves that catastrophe in the Middle East isn’t really their fault. The constant need to be told it’s not their doing is a form of denial. The more certain they are of their blunder the more they will need to tell themselves that the sounds they hear aren’t the footfalls of doom.

Because the alternative is to admit the truth and accept that to reverse the tide, 20th century Western liberalism has to die or radically reform itself. None of the people who have built political and establishment media credentials want to hear that, but all the same …

We are on the verge of a massive human catastrophe, one that the world has not seen since the fall of the Soviet Union or, in terms of percentage, since the fall of Rome.

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Why Bush Invaded Iraq.

Friday, May 15th, 2015

usa-politics-bush

There is quite a series of Republican politicians declaring that they would not invade Iraq if they knew then what they know now. JEB Bush is not the only one. Ted Cruz has made Talking Points Memo happy with a similar declaration.

Earlier in the week, Kelly asked Bush if he would have authorized the invasion, and he said he would have. On Tuesday, Bush told Sean Hannity that he hadn’t heard the question correctly and wasn’t sure what he would have done. Cruz, on the other hand, said he knows what he would have done.

“Of course not,” Cruz said in response to Kelly asking if he would have authorized an invasion. “I mean, the entire predicate of the war against Iraq was the intelligence that showed they had weapons of mass destruction and they might use them.

Of course, the “WMD” argument is a more recent addition to the story. Nobody talks anymore about why Bush was forced to invade in 2003. WMD were a small part of it. That is forgotten, of course.

Mr Speaker, thank you for recalling Parliament to debate the best way to deal with the issue of the present leadership of Iraq and Weapons of Mass Destruction.

Today we published a 50 page dossier detailing the history of Iraq’s WMD, its breach of UN resolutions and the current attempts to rebuild the illegal WMD programme. I have placed a copy in the Library of the House.

At the end of the Gulf War, the full extent of Saddam’s chemical, biological and nuclear weapons programmes became clear. As a result, the UN passed a series of resolutions demanding Iraq disarm itself of such weapons and establishing a regime of weapons inspection and monitoring to do the task. They were to be given unconditional and unrestricted access to all and any Iraqi sites.

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Obamacare = Medicaid

Friday, May 8th, 2015

emergency

I have been interested in health care reform for some time and have proposed a plan for reform. It is now too late for such a reform as Obamacare has engaged the political apparatus and sides have been taken. The Obamacare rollout was worse than anticipated and it was hoped that the Supreme Court would have mercy on the country, but that didn’t happen and it has been the law for two years.

What has it accomplished ? Well, the forecast drop in ER visits hasn’t happened. It also didn’t happen in Massachusetts when that plan took effect.

Wasn’t Obamacare supposed to solve the problem of people going to the ER for routine medical problems? We were told that if everyone had “healthcare” — either through the ACA exchanges or through Medicaid expansion — people would be able to go to their family doctors for routine care and emergency rooms would no longer be overrun by individuals who aren’t actually experiencing emergencies.

As it turns out, Medicaid patients can’t get appointments with physicians.

“America has severe primary care physician shortages, and many physicians will not accept Medicaid patients because Medicaid pays so inadequately,” said Michael Gerardi, MD, FAAP, FACEP, president of the ACEP.

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The Energy Crisis in Africa.

Sunday, May 3rd, 2015

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This is a powerful piece on the cost of environmental extremism to the world’s poor.

The soaring [food] prices were actually exacerbated (as the Food and Agriculture Organisation of the UN confirmed) by the diversion of much of the world’s farmland into making motor fuel, in the form of ethanol and biodiesel, for the rich to salve their green consciences. Climate policies were probably a greater contributor to the Arab Spring than climate change itself.

The use of ethanol in motor fuels is an irrational response to “green propaganda. The energy density of biofuel, as ethanol additives are called, is low resulting in the use of more and more ethanol and less and less arable land for food.

Without abundant fuel and power, prosperity is impossible: workers cannot amplify their productivity, doctors cannot preserve vaccines, students cannot learn after dark, goods cannot get to market. Nearly 700 million Africans rely mainly on wood or dung to cook and heat with, and 600 million have no access to electric light. Britain with 60 million people has nearly as much electricity-generating capacity as the whole of sub-Saharan Africa, minus South Africa, with 800 million.

South Africa is quickly destroying its electricity potential with idiotic racist policies.

Just to get sub-Saharan electricity consumption up to the levels of South Africa or Bulgaria would mean adding about 1,000 gigawatts of capacity, the installation of which would cost at least £1 trillion. Yet the greens want Africans to hold back on the cheapest form of power: fossil fuels. In 2013 Ed Davey, the energy secretary, announced that British taxpayers will no longer fund coal-fired power stations in developing countries, and that he would put pressure on development banks to ensure that their funding policies rule out coal. (I declare a commercial interest in coal in Northumberland.)
In the same year the US passed a bill prohibiting the Overseas Private Investment Corporation — a federal agency responsible for underwriting American companies that invest in developing countries — from investing in energy projects that involve fossil fuels.

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Pessimism is coming into style

Friday, May 1st, 2015

Richard Fernandez, at Belmont Club is my go to guy for news and analysis. Today, he is getting as pessimistic as I am.

[R]emembering how the migrant boat from Libya sank on the way to Italy. The passengers crammed into the ship rushed blindly to one side to catch a glimpse of a freighter, thereby capsizing it. The perfectly describes the Left, who , facing catastrophe on every front is doing the only thing it knows how: doubling down on Leftist canon. Everyone is now stampeding left, because that will save the boat.

He provides a series of examples but the best one comes from Huffungton Post which functions as a sort of Bible for the left.

Why the Planet Is Happy That Bernie Sanders Is Running for President

It’s amusing in an Anthropology sort of way, but it is depressing to see what is important to the left.

The Baltimore mayor was unconcerned about property destruction because she was convinced that “someone” would rebuild it. The same “someone” who will pay for the deficit and ransoms to al-Qaeda, as well as the bribes to Iran. The identical “someone” that will cough up the reparations to the inmates of Guantanamo. The “someone” who will man the ships to fight the Iranian boghammers, should it come to that.

“Someone” is the source of other people’s money.

Whose ?

Lenin called imperialism the final stage of capitalism, but he always assumed that Communism would be the highest phase of socialism. That’s where he was wrong. What Lenin didn’t realize was that prayerful piety is the ultimate stage of Leftism. It’s when you are in a line praying there is still toilet paper, or bread or a job left for you at the end; it is when you are on your knees before al-Qaeda begging them to reduce the ransom from $2 to $1.85 million because that’s all your house, car, jewelry and life savings are worth. It is when your arms are raised in rapturous hope at the coming of Obama, Warren, Sanders — or Hillary. That’s the last vision of heaven you will see as you rush to one side of the boat.

The stock market is in 1929 territory with interest rates at zero or less.

At least one Spanish bank, Bankinter SA, the country’s seventh-largest lender by market value, has been paying some customers interest on mortgages by deducting that amount from the principal the borrower owes.

The problem is just one of many challenges caused by interest rates falling below zero, known as a negative interest rate. All over Europe, banks are being compelled to rebuild computer programs, update legal documents and redo spreadsheets to account for negative rates.

Interest rates have been falling sharply, in some cases into negative territory, since the European Central Bank last year introduced measures meant to spur the economy in the eurozone, including cutting its own deposit rate.

That should help the economy.

Meanwhile, the political left is obsessed with gay rights and women’s risk of rape on college campuses.

Pessimism may not be pessimistic enough.

The Hillary Clinton bribery story.

Thursday, April 23rd, 2015

Today, the New York Times ran a huge story about how Hillary Clinton and Bill took large contributions to their personal “Foundation” to sell US security assets to the Russians.

The article, in January 2013, detailed how the Russian atomic energy agency, Rosatom, had taken over a Canadian company with uranium-mining stakes stretching from Central Asia to the American West. The deal made Rosatom one of the world’s largest uranium producers and brought Mr. Putin closer to his goal of controlling much of the global uranium supply chain.

But the untold story behind that story is one that involves not just the Russian president, but also a former American president and a woman who would like to be the next one.

At the heart of the tale are several men, leaders of the Canadian mining industry, who have been major donors to the charitable endeavors of former President Bill Clinton and his family. Members of that group built, financed and eventually sold off to the Russians a company that would become known as Uranium One.

Today, Hugh Hewitt interviewed Mitt Romney on this story and Romney stated the obvious.

What’s your reaction to this story?

MR: You know, I’ve got to tell you, I was stunned by it. I mean, it looks like bribery. I mean, there is every appearance that Hillary Clinton was bribed to grease the sale of, what, 20% of America’s uranium production to Russia, and then it was covered up by lying about a meeting at her home with the principals, and by erasing emails. And you know, I presume we might know for sure whether there was or was not bribery if she hadn’t wiped out thousands of emails. But this is a very, very serious series of facts, and it looks like bribery.

Now we know why the e-mails were deleted.

As the Russians gradually assumed control of Uranium One in three separate transactions from 2009 to 2013, Canadian records show, a flow of cash made its way to the Clinton Foundation. Uranium One’s chairman used his family foundation to make four donations totaling $2.35 million. Those contributions were not publicly disclosed by the Clintons, despite an agreement Mrs. Clinton had struck with the Obama White House to publicly identify all donors. Other people with ties to the company made donations as well.

And shortly after the Russians announced their intention to acquire a majority stake in Uranium One, Mr. Clinton received $500,000 for a Moscow speech from a Russian investment bank with links to the Kremlin that was promoting Uranium One stock.

I looked at Huffington Post for reaction for the left and they have a story about Republicans and lobbyists.

About the Hillary story ?

ZERO !!!!

A new time line from Ricochet on the Hillary scandal.

Hillary Clinton’s family’s charities are refiling at least five annual tax returns after a Reuters review found errors in how they reported donations from governments, and said they may audit other Clinton Foundation returns in case of other errors…

For three years in a row beginning in 2010, the Clinton Foundation reported to the IRS that it received zero in funds from foreign and U.S. governments, a dramatic fall-off from the tens of millions of dollars in foreign government contributions reported in preceding years.

Must have been an oversight.