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Saturday, September 06, 2008

Saudis faulted for funding terror

Saudi Arabia remains the world’s leading source of money for Al Qaeda and other extremist networks and has failed to take key steps requested by U.S. officials to stem the flow, the Bush administration’s top financial counter-terrorism official said Tuesday.

Stuart A. Levey, a Treasury undersecretary, told a Senate committee that the Saudi government had not taken important steps to go after those who finance terrorist organizations or to prevent wealthy donors from bankrolling extremism through charitable contributions, sometimes unwittingly.



“Saudi Arabia today remains the location where more money is going to terrorism, to Sunni terror groups and to the Taliban than any other place in the world,” Levey said under questioning.

Palin Boosted Oil-Company Taxes While Alaska Had Budget Surplus - New Pig, Same Pork

Sept. 6 (Bloomberg)—Alaska Governor Sarah Palin, who has joined the Republican national ticket as a tax-cutter, was a driving force in raising a tax on oil companies last year that will help swell the state’s budget surplus.

The increase backed by the Republican vice presidential nominee will, at current prices, raise oil revenue to $11 billion this year—almost twice what the state needs to fund its government—state documents show. Alaska also has gotten more money from the federal government than its residents pay in taxes—$1.75 per tax dollar in 2006, the most recent year available, according to the Tax Foundation, a Washington research group.

Palin’s Hockey Rink Leads To Legal Trouble in Town She Led

WASILLA, Alaska—The biggest project that Sarah Palin undertook as mayor of this small town was an indoor sports complex, where locals played hockey, soccer, and basketball, especially during the long, dark Alaskan winters.

The only catch was that the city began building roads and installing utilities for the project before it had unchallenged title to the land. The misstep led to years of litigation and at least $1.3 million in extra costs for a small municipality with a small budget. What was to be Ms. Palin’s legacy has turned into a financial mess that continues to plague Wasilla.

“It’s too bad that the city of Wasilla didn’t do their homework and secure the land before they began construction,” said Kathy Wells, a longtime activist here. “She was not your ceremonial mayor; she was in charge of running the city. So it was her job to make sure things were done correctly.”

..."I guess a small-town mayor is sort of like a community organizer, except that you have actual responsibilities,” Ms. Palin said Wednesday in her acceptance speech at the Republican convention.

Litigation resulting from the dispute over Ms. Palin’s sports-complex project is still in the courts, with the land’s former owner seeking hundreds of thousands of additional dollars from the city.

Silver State Bank in Nevada is shut down (McCain connection)

Regulators on Friday shut down Silver State Bank, saying the Nevada bank failed because of losses on soured loans, mainly in commercial real estate and land development.

It was the 11th failure this year of a federally insured bank.

Nevada regulators closed Silver State and the Federal Deposit Insurance Corp. was appointed receiver of the bank, based in Henderson, Nev. It had $2 billion in assets and $1.7 billion in deposits as of June 30.

Andrew K. McCain, a son of Republican presidential nominee John McCain, sat on the boards of Silver State Bank and of its parent, Silver State Bancorp, starting in February but resigned in July citing “personal reasons,” corporate filings with the Securities and Exchange Commission show. Andrew McCain also was a member of the bank’s audit committee, responsible for oversight of the company’s accounting.

Friday, September 05, 2008

goppers Flipping and gopppers Flopping on the Day Sarah “The Gimmick” Palin Was Nominated

"Let’s be honest here”

Palin on Running Wasilla: “It’s Not Rocket Science”

Palin on Running Wasilla: “It’s Not Rocket Science”

By Laura McGann 9/2/08 7:08 PM

WASILLA, Alaska– I’m here at the Mat-Su Frontiersman’s offices flipping through their print archives. I was curious about what then-Mayor Sarah Palin said at the time about giving her top managers a loyalty test and eventually firing her chief of police.

I’m reading an article from October 1996, in which a reporter named Laura Mitchell Harris asks Palin about her intentions for a shake up. How would she effectively run a city without experienced leaders? “”It’s not rocket science,” Palin said, “It’s $6 million and 53 employees.”

Note: A big thank you to the Frontiersman for opening their newsroom to me!

As Mayor, ‘Hard-Core Fiscal Conservative’ Sarah Palin Left Wasilla $20 Million In Debt

The campaign of Sen. John McCain (R-AZ) is presenting his running mate, Gov. Sarah Palin (R-AK), as a reformer, fiscal conservative, and “tough minded budget cutter.” Other conservatives have latched onto this image - Phyllis Schlafly calls Palin “the total package” with “fiscal conservative credentials.”

Palin embraces the title, labeling herself a “hard-core fiscal conservative,” whose “agenda was to stop wasteful spending.

However, as mayor of Wasilla, AK, Palin “was not always the fiscal watchdog she has since boasted of being.”

During her term in office, Palin cut property taxes and other small taxes on business. But as the Anchorage Daily News points out, “She wasn’t doing this by shrinking government.” During her tenure, the budget of Wasilla (population 5,469 in 2000) “apart from capital projects and debt, rose from $3.9 million in fiscal 1996 to $5.8 million.”

Palin also successfully pushed through a sales tax increase in Wasilla, which went to fund a $15 million sports complex. However, a land dispute over the sight of the complex led to “years of legal wrangling” and cost Wasilla almost $1.7 million, “a lot more than the roughly $125,000 the city would have paid in 1998 if it had closed a deal to buy the property outright.” Wasilla is still facing budget shortfalls from the case today.

When Palin left office in 2002, Wasilla had “racked up nearly $20 million in long-term debt,” or roughly $3,000 of debt per resident.

Sarah Palin, John McCain, and Earmarks

The truth is out. Sarah Palin may have posed as an opponent of congressionally mandated earmarks, but when the slop was in the bucket, she was one of the first at Senator Ted Stevens’ (R-AK) trough.

The Seattle Times reported yesterday that she submitted 31 earmark requests totaling $197 million in the current (FY2009) budget cycle. According to that paper, it was “more, per person, than any other state.”

The Washington Post reports that in 2000, Palin took an extraordinary step as the mayor of Wasilla, Alaska, a town that had fewer than 5,500 residents—she hired a Washington lobbyist to seek congressional earmarks. According to the Post, she won a total of $6.1 million in earmarks for the city of Wasilla in 2002.

A review of the Taxpayers for Common Sense database from which the Post derived that number indicates that 2002 was actually a subpar year for Palin. Over the course of her four years she sought earmarks as city mayor and won an average of $6.7 million a year.

“So Sambo beat the bitch!”

Alaskans Speak (In A Frightened Whisper): Palin Is “Racist, Sexist, Vindictive, And Mean”

“So Sambo beat the bitch!”

This is how Republican Vice Presidential nominee Sarah Palin described Barack Obama’s win over Hillary Clinton to political colleagues in a restaurant a few days after Obama locked up the Democratic Party presidential nomination.

According to Lucille, the waitress serving her table at the time and who asked that her last name not be used, Gov. Palin was eating lunch with five or six people when the subject of the Democrat’s primary battle came up. The governor, seemingly not caring that people at nearby tables would likely hear her, uttered the slur and then laughed loudly as her meal mates joined in appreciatively.

“It was kind of disgusting,” Lucille, who is part Aboriginal, said in a phone interview after admitting that she is frightened of being discovered telling folks in the “lower 48” about life near the North Pole.

Then, almost with a sigh, she added, “But that’s just Alaska.”

Racial and ethnic slurs may be “just Alaska” and, clearly, they are common, everyday chatter for Palin.

Besides insulting Obama with a Step-N’-Fetch-It, “darkie musical” swipe, people who know her say she refers regularly to Alaska’s Aboriginal people as “Arctic Arabs” – how efficient, lumping two apparently undesirable groups into one ugly description – as well as the more colourful “mukluks” along with the totally unimaginative “f**king Eskimo’s,” according to a number of Alaskans and Wasillians interviewed for this article.

But being openly racist is only the tip of the Palin iceberg. According to Alaskans interviewed for this article, she is also vindictive and mean. We’re talking Rove mean and Nixon vindictive.

No wonder the vast sea of white, cheering faces at the Republican Convention went wild for Sarah: They adore the type, it’s in their genetic code. So much for McCain’s pledge of a “high road” campaign; Palin is incapable of being part of one.

U.S. Mortgage Foreclosures, Delinquencies Reach Highs (Update1)

Sept. 5 (Bloomberg)—Foreclosures accelerated to the fastest pace in almost three decades during the second quarter as interest rates increased and home values fell, prompting more Americans to walk away from homes they couldn’t refinance or sell.

New foreclosures increased to 1.19 percent, rising above 1 percent for the first time in the survey’s 29 years, the Mortgage Bankers Association said in a report today. The total inventory of homes in foreclosure reached 2.75 percent, almost tripling since the five-year housing boom ended in 2005. The share of loans with one or more payments overdue rose to a seasonally adjusted 6.41 percent of all mortgages, an all-time high, from 6.35 percent in the first quarter.

Tumbling home prices are making it difficult for even the most creditworthy owners with adjustable-rate mortgages to sell or get a new loan as their financing costs rise, said Jay Brinkmann, MBA’s chief economist. Prime ARMs accounted for 23 percent of new foreclosures and subprime ARMs were 36 percent, he said.

Unemployment Rate Rises to 6.1%

The unemployment rate jumped to 6.1 percent in August, its highest level in five years, as the erosion of the job market accelerated over the summer.

Employers cut 84,000 jobs last month, more than economists had expected, and the Labor Department said that more jobs were lost in June and July than previously thought.

So far, 605,000 jobs have disappeared since January. The unemployment rate, which rose from 5.7 percent in July, is now at its highest level since September 2003.

Jared Bernstein, economist at the Economics Policy Institute in Washington, said eight months of consecutive job losses had historically signaled that the economy was in a recession.

“If anyone is still scratching their head over that one, they can stop,” Mr. Bernstein said.

Rep. Westmoreland (R) Georgia didn’t know “Uppity”

As nunez has already posted

U.S. Rep. Lynn Westmoreland (R-Ga.), who was born and raised in the South, said Thursday he’s never heard the word “uppity” used in a racially loaded fashion —- and meant nothing more than “elitist” when he applied it to Democratic presidential nominee Barack Obama and his wife.

“If anyone read more into it, no undercurrent was intended,” said Brian Robinson, a Westmoreland spokesman.

During a conversation with reporters, the two-term Coweta County congressman was discussing the speech of Republican vice presidential nominee Sarah Palin when he was asked to compare her with Michelle Obama.

“Just from what little I’ve seen of her and Mr. Obama, Sen. Obama, they’re a member of an elitist class [of] individual that thinks that they’re uppity,” Westmoreland said, according to The Hill, a newspaper that covers Capitol Hill.

When asked to clarify, Westmoreland said, “Uppity, yeah.”

More from this “Don’t call me a Georgia peach” outstanding family values 10 commandment loving gop:

(The Truth starts about 1:45)

A Coat of Many Colors


“Speaking as a private individual, I would not vote for John McCain under any circumstances,” said James Dobson, founder of the Colorado Springs-based Focus on the Family as well as the Focus Action cultural action organization set up specifically to provide a platform for informing and rallying constituents.

Jimmy D
Founder of Focus on the Anus
1/13/07

The good James Dobson only a few short months ago as quoted on the Laura I show:

“…I can not and I will not vote for Sen. John McCain as a matter of conscience…If these [McCain, Clinton or Obama] are the nominees in November, I simply will not cast a ballot for president for the first time in my life. These decisions are my personal views and do not represent the organization with which I am affiliated, they do reflect however, my deeply held convictions about the institution of the family about moral and spiritual beliefs and about the welfare of our country.”

Uh-oh

Jimmy done did the flip flop on his moral conscience:

But I can tell you that if I had to go into the studio, I mean the voting booth today, I would pull that lever.

Jimmy “I need to have a White House connection after all” Dobson

Palin aides peeked into trooper’s files, union says

(CNN)—Aides to Alaska Gov. Sarah Palin improperly obtained her former brother-in-law’s state police personnel files and cited information from those records to raise complaints about the officer, the head of Alaska’s state police union said Thursday.

“It’s apparent to us that the governor or someone on her staff had direct access to his personnel file, as well as his workers’ comp file, and those are protected,” said John Cyr, executive director of the Alaska Public Safety Employees Association.

Thursday, September 04, 2008

Obama raises $10 million after Palin speech

ST. PAUL, Minn. — Barack Obama’s presidential campaign said it raised $10 million Thursday following the Republican National Convention speech by rival John McCain’s running mate, Sarah Palin.

Obama spokesman Bill Burton said Palin’s address, heavily laced with digs at Obama, prompted an outpouring of donations from more than 130,000 donors.

“We’re up over the previous record and the number is still climbing the more Palin’s attacks are covered on cable and network news,” Obama spokesman Bill Burton said.

The Republican National Committee announced earlier Thursday, at mid-afternoon, that it had raised well in excess of $1 million since Palin’s speech. Republicans expect Palin to mobilize their donors. But the Obama camp promptly used the speech as a fundraising hook, sending an overnight e-mail to supporters to contribute.

McCain can no longer raise private donations for his campaign because he has decided to accept $85 million in public financing for the fall campaign. The Republican National Committee, however, can continue to raise money through its victory fund. His campaign reported raising $47 million in August, an impressive amount for the Arizona senator that broke his previous record

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