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«Headlines Updated Daily«
Tuesday August 19, 2014
Made in the USA since 1998

BREAKING NEWS
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One person is dead after an officer-involved shooting in North St. Louis, 4 miles from Ferguson

When Wall Street Greed Kills
Frank Salvato
In the movie Wall Street, the character Gordon Gecko expounds to an audience of shareholders, “Greed is good.” Gecko, a Wall Street tyrant whose specialty was destroying companies for profit, eventually gets his due in the end. But there are real life market manipulators that prowl the shadows of Wall Street and in the genre of biotech the greed of the market manipulators sometimes kills. People with a cursory understanding of market manipulation understand the tactic of “short and distort.” This is a type of securities fraud in which market manipulators short sell a stock and then spread negative rumors about the company in an attempt to drive down stock prices. Sometimes this fraud is originated by a company’s competitors. Other times it is fueled exclusively by greed. And while a successful short and distort campaign may glean hefty rewards for those who perpetrate the crime, the fiscal malfeasance is often fatal for the company that is attacked. A good example of this is playing out in real time.

The Realities of a Community
Organizer’s Foreign Policy

Frank Salvato
The foreign policy of the United States under Pres. Barack Obama, who came to the White House with the resume of an untested community organizer with no experience in international relations, has moved the whole of the world to the brink of total war. In the beginning, in his speeches to prospective voters, Mr. Obama preached the Progressive gospel of the peace movement and the demilitarization of American foreign policy. He pledged to end the Iraqi conflict expeditiously and end the Afghan conflict in a timely manner. Sadly, and to their own shame, a majority of American voters bought into the pre-packaged marketing of the “idea" of Obama, the “first Black president,” without realizing him as wholly unqualified for the job, and he was elected. It took him short order to keep his promises to the anti-war movement; the “Bush-Lied-People-Died” chanters of so many protests around the country. In December of 2011, Mr. Obama, going so far as to supply the enemy with timelines and withdrawal dates, announced the end of the Iraq War for America’s military men and women. Of course, he failed to secure reasonable status of forces agreements and insisted that the Iraqis had “turned the corner,” and were now capable of defending their own country. This, of course, was the biggest miscalculation, with regard to foreign policy, that he has made as President of the United States.


Living Out Critical Legal Theory
Victor Davis Hanson
It may not have been the aim of Missouri Highway Patrol captain Ron Johnson to outsource security responsibilities to someone affiliated with the New Black Panthers and a legal activist group, but that is the impression that one receives from listening to his exchange with and praise of Malik Shabazz. If this is the same Malik Shabazz who has a long history of virulent racist and inflammatory anti-Semitic statements, then there has been at least a partial erosion of legal authority in Ferguson. Apparently what will now stop the violence is not state authority and Mr. Johnson's empathetic racial editorializing, but either bad weather, popular justice meted out to the police officer in question, or eventual ennui and exhaustion on the part of satiated looters and rioters -- or all three. In some sense, Ferguson is emblematic of our times in which the sanctity of established law exists only to the degree that it is considered useful in promoting a more egalitarian agenda.

Tuition Pays for This
Walter E. Williams
According to College Board, average tuition and fees for the 2013-14 school year totaled $30,094 at private colleges, $8,893 for in-state residents at public colleges and $22,203 for out-of-state residents. Many schools, such as Columbia University and George Washington University, charge yearly tuition and fees close to $50,000. Faced with the increasing costs of higher education, parents and taxpayers might like to know what they're getting for their money. Campus Reform documents outrageous behavior at some colleges. Mark Landis, a former accounting professor at San Francisco State University, frequently entertained students at this home. He now faces 15 charges of invasion of privacy. Police say he was discovered with dozens of graphic videos he had made of students using his bathroom. Mireille Miller-Young -- professor of feminist studies at the University of California, Santa Barbara -- recently pleaded no contest to charges of theft of banners and assault on a pro-life protester last March.

The Star Chamber Comes to Texas
Roger L. Simon
The old saying goes that a grand jury could indict a ham sandwich. In reality, it's worse. Forget innocuous sandwiches, with or without Russian dressing. In Texas, at least in Austin's Travis County, you can indict the state's governor, Rick Perry, for doing the job any intelligent citizen would want him to do -- trying to get rid of an absolutely atrocious public official. That official was District Attorney Rosemary Lehmberg, a dimwitted and abusive drunk driver who ran that county's -- wait for it -- "Public Integrity Unit." Perry threatened to veto funding for said unit as long as Lehmberg was in control. Maybe he had a little actual concern for public integrity -- not that the good burghers of Austin would care. Perry's fortunate Lehmberg wasn't found guilty of DUW (driving under weed) rather than alcohol, as she was. Given the preferred lifestyle thereabouts, they would have erected a statue to her and summarily sent Perry off to Guantanamo without trial to be swapped out for the last remaining al Qaeda maniacs. Oh, Orwell, where art thou?


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