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«Headlines Updated Daily«
Friday August 29, 2014
Made in the USA since 1998

Yes, Mr. Holder, Words Matter
Frank Salvato
In February of 2008, then-Senator Barack Obama spoke to a campaign rally crowd in Wisconsin and declared that “words matter.” In shaping the image that was the centerpiece of the “idea of Obama,” he ginned-up an air of intellectualism using the tactic of manipulating through emotion, a potent tool in the Progressive war chest. “Don’t tell me words don’t matter,” he said. “I have a dream. Just words. We hold these truths to be self-evident, that all men are created equal...Just words...just speeches.” Indeed, Mr. Obama is absolutely correct, a rare point where I agree with him. The problem is this. If we hold him to his own words, then the statements of his closest ally, Attorney General Eric Holder, must be taken literally. This is where I find myself very concerned. The events in Ferguson, Missouri, are serious on many levels. We have the death of a young man and the brutal beating of a police officer at his hand. We have a community that exists on the head of a racial powder keg, begging for a spark to light the fuse. And we have perhaps the most politically motivated – and many would say, and rightfully so, divisive – US Attorney’s General in the history of our nation in Eric Holder, injecting himself into this delicate situation and making some statements where words certainly do matter.

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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.


Hope in the Midst of American Decline
Scott Ott
Drawing on a Wall Street Journal/NBC News poll, Times columnist Frank Bruni paints a picture of a nation on the down slope, with no end in sight. He notes that 60 percent of those polled feel America is "in decline." But if you dig into the data you find that, while the depressing number has indeed climbed to 60 from 54 percent in January 2011, in five of the last eight times the pollsters asked this question (going back to October '91) the readout was higher than 60, peaking at 69 percent in June 2008. So, you might say, cheer up, Frank Bruni, it could be worse. However, the next question in the survey brings a chilling context to that 60-percent figure. The question: "Do you feel confident that life for our children's generation will be better than it has been for us?" Only 21 percent said they do. Back in the dog days of decline in summer 2008, that number was 31. During a declension nearly as severe, in 1991-92, around 41 percent still felt confident their kids would have a better life.

If ‘Evil’ Doesn’t Apply to Islamic State, What Does?
Jonah Goldberg
For most of the Obama years, talk of evil was largely banished from mainstream discourse. An attitude of "goodbye to all that" prevailed, as the war on terror was rhetorically and legally disassembled and the spare parts put toward building a law enforcement operation. War was euphemized into "overseas contingency operations" and "kinetic military action." There was still bloodshed, but the language was often bloodless. Maj. Nidal Malik Hasan, a protege of Al Qaeda guru Anwar Awlaki, shouted "Allahu Akbar!" as he killed his colleagues at Ft. Hood. The military called the incident "workplace violence." But sanitizing the language only works so long as people aren't paying too much attention. That's why Islamic State is so inconvenient to those who hate the word "evil." Last week, after the group released a video showing American journalist James Foley getting his head cut off, the administration's rhetoric changed dramatically. The president called Islamic State a "cancer" that had to be eradicated. Secretary of State John F. Kerry referred to it as the "face of ...evil."

America: Our Debt-Ridden Nation
Alan Caruba
It is always tempting to blame everything on the President and, despite the usual rebound from a recession that has occurred in the past, it has not occurred during his first term, nor into his second at this point. In fact, the latest data reveals that the US economy shrank at a 2.9% annual rate during the first quarter of 2014. Its long-run average rate of growth has been 3.3%, but the highest since Obama took office was 2.8%. According to the World Bank, in 2013 the US Gross Domestic Product, the value of its goods and services, was $16,800,000,000,000. The federal, state and governments took their share via taxation on income and/or property. The rest was saved or spent by those either holding a job or receiving government benefits; very nearly half of the population old enough to be employed if there were jobs for them. The problem that affects all of us is the imbalance of the US budget where more money is going out than coming in.


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