Tag Archives: United States

News

United States receives another credit downgrade under Obama’s leadership

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From Breitbart. (H/T ECM)

Excerpt:

Credit rating agency Egan Jones downgraded the United States Thursday on concern over the sustainability of public debt. Egan Jones is one of the most important ratings firms in the world; they lowered our credit level from AA+ to AA. The firm reduced America from AAA to AA+ in July 2011, just before Standard & Poor’s did the same.

Egan Jones warned. “Without some structural changes soon, restoring credit quality will become increasingly difficult . . . without some structural changes soon, restoring credit quality will become increasingly difficult.” They added that there was a 1.2% probability of U.S  default in the next 12 months.  The company cited the fact that the US’s total debt, which now equals its total GDP, is rising and soon will eclipse the national GDP; the company sees the debt rising to 112% of the GDP by 2014.

The debt grew 23.6% the first two years of Obama’s presidency. When the debt is more than 100% of the GDP, treasury notes fall, which is a problem because they are used for transactions between financial institutions. This, in turn, could raise rates on mortgages and other loans, which would discourage growth in the economy, as well as state and local governments feeling the pinch, which could eliminate more services.

Paul Ryan has offered a debt reduction plan which would reduce the current six federal income tax rates to just 2 — 10% and 25%. His plan would also reduce the federal corporate income tax rate from 35% to 25%, the same rate as the international average. Because of the additional revenue accrued from economic growth as a result of the tax reductions, federal revenues could double over the next 10 years; the added revenue  would be more than the entire GDP of almost every other country in the world.

Meanwhile, President Obama continues to vilify Ryan’s ideas, saying they are, “a Trojan horse, disguised as deficit-reduction plans . . . thinly veiled social Darwinism.” And White House projections show the federal debt’s ratio to gross domestic product growing to a record 124 percent in 2050 under Obama’s plan.

He just wants to keep spending and spending and spending money we don’t have. Money that he didn’t earn. Money that people not even born have not yet earned.

News

Obama’s Arab Spring: Rockets fired from Egypt hit Israeli city

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From the Chicago Tribune. (H/T ECM)

Excerpt:

A rocket fired from Egypt’s Sinai desert struck the southern Israeli resort of Eilat on Thursday, police said, fuelling Israeli worries over militant activity in the border area.

No casualties or damage were reported.

An Egyptian security source told Reuters in Cairo that Egyptian forces were searching the area along the border but had not found any evidence indicating any rockets had been fired from the Sinai.

The head of Eilat police, Ron Gertner, told Israeli Army Radio that explosions were heard in Eilat soon after midnight. Police found the remains of one rocket in a construction site, about 400 meters (yards) from a residential area.

Asked if the rocket was fired from Sinai, Gertner said: “Based on our working assumptions and the range, yes.”

Officials in Israel have been worried that the Sinai has become a base for Islamist militants since former Egyptian President Hosni Mubarak’s downfall last year.

“For a long while now we have been seeing that the Sinai peninsula is turning into a launching ground against the citizens of Israel, for terror,” Prime Minister Benjamin Netanyahu said after the attack.

It was launched a day before the start of the Jewish Passover holiday, which commemorates the exodus of the biblical Israelites from slavery in Egypt. Eilat is expected to be full of vacationers during the week-long holiday.

The Israel-Egypt border had been relatively quiet since the two countries signed a peace agreement in 1979. But Israel says that since Mubarak was overthrown, Cairo has lost its grip on the Sinai and militants are exploiting the lawlessness.

Here’s something related that I found on Investors Business Daily.

Excerpt:

Egypt’s new parliament is dominated by the radical Islamist Muslim Brotherhood, which is busy rewriting the nation’s constitution and — contrary to its own past promises — is running a candidate for the nation’s presidency.

Once the Brotherhood controls both the presidency and the legislature, it can pretty much do what it pleases — kill homosexuals, force women behind the veil, oppress Christians and other religious minorities, and unilaterally abrogate the 1979 Egypt-Israel peace deal.

Despite this ominous turn of events, as the French news service AFP reports, White House officials held talks with Muslim Brotherhood representatives in Washington this week.

“We believe that it is in the interest of the United States to engage with all parties that are committed to democratic principles, especially nonviolence,” said National Security Council spokesman Tommy Vietor, adding that the talks emphasized “the importance of respect for minority rights, the full inclusion of women and our regional security concerns.”

Well, not only does the Muslim Brotherhood not “respect” minority rights, but it also wants to impose rigid Islamic Shariah law on all of Egypt.

So much for “democratic principles.”

As for the “inclusion of women”, westernized Egyptian women who dream of freedom will soon find themselves subjugated in a way they’ve never been before.

What’s especially tragic is that as the Muslim Brotherhood takes over, it won’t take long for it to replace the 33-year-old peace of Camp David with a new state of war with Israel.

So why are we talking to the Muslim Brotherhood and giving it credibility? What’s to be gained?

The Muslim Brotherhood doesn’t recognize Israel’s right to exist. And it means to place Egypt under Shariah law — the antithesis of a regime based on democracy and human rights.

As they prepare to take over, Egypt’s pending rulers make clear their contempt for us and for our Western values. So is Egypt’s military, which has arrested U.S. citizens for the odious crime of promoting democracy.

Our response? After suspending $1.3 billion in military aid, we reinstated it last month. And we added $250 million in economic assistance to sweeten the pot.

We’re deluding ourselves if we think this is going to end favorably. Islamists have taken over or are about to in Libya, Tunisia and now Egypt, something that our government largely applauded and aided.

Turkey, once a solid ally of the West, has quietly moved to the hard-core Islamist side. Syria, now in the throes of a revolt against Bashar Assad and his socialist Baath Party, may soon join the ranks — a clean sweep.

Today, Israel is friendless and vulnerable, more so than at any time in its modern existence. It will be on the receiving end of many more missile volleys.

We need to be taking steps to restrain aggression against us, our allies and our interests abroad. The Obama administration has done the exact opposite.

News

Recently widowed mother uses legally owned gun to defend her child

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From liberal CNN. (H/T All American Blogger)

Excerpt:

An Oklahoma 911 operator calmly advised a recently widowed mother who asked if it was permissible to shoot an intruder, officials said Wednesday.

“I’ve got two guns in my hand. Is it OK to shoot him if he comes in this door?” asked Sarah Dawn McKinley of Blanchard.

“Well, you have to do whatever you can do to protect yourself,” dispatcher Diane Graham responded during the incident on New Year’s Eve day. “I can’t tell you that you can do that, but you do what you have to do to protect your baby.”

In the end, McKinley, 18, fired a 12-gauge shotgun and killed Justin Shane Martin after he entered her residence, according to a Blanchard Police Department affidavit filed in court Wednesday.

“You have to make a choice, you or him. I chose my son over him,” McKinley told CNN Oklahoma City affiliate KWTV. Her boy is 3 months old.

First Assistant District Attorney James Walters told CNN that McKinley will not be charged because she acted in self-defense.

“A person has the right to protect themselves, their family and their property,” Walters said.

As for the 911 operator’s guidance?

“I would agree with that advice,” the prosecutor said.

In the United States, you still have the ability to defend your home from intruders.  But I know that in leftist countries like the UK, the police are trained to arrest people who defend themselves from criminals.

In the UK, the police protect criminals from law-abiding citizens

Look at this recent article UK Telegraph.

Excerpt:

Officers were called to Vincent Cooke’s house in the affluent Stockport suburb of Bramhall, just before 8pm on Saturday following reports of a break-in.

Mr Cooke, 39, a married father of one who has run a number of small courier and logistics companies, was relaxing alone in the detached interwar property when the two intruders struck, Greater Manchester Police said.

His wife Karen, 34, and 12-year-old son returned home during the incident but escaped unharmed. Police said that during the break-in Mr Cooke was threatened and one of the intruders, Raymond Jacob, 37, of was stabbed.

Mr Cooke, who is one of five children, was being questioned on suspicion of murder on Sunday night.

I thought the response of the police was interesting – self-defense is murder:

“Clearly this is a serious incident in which a man has lost his life and at this time we believe the dead man was one of two men who were attempting to carry out a burglary at the house.”

The other suspected intruder fled in a small white Citroen van. Police last night confirmed a second man had been arrested in connection with the incident.

On Sunday afternoon relatives of Mr Jacob, of Northern Moor, Greater Manchester, laid flowers outside Mr Cooke’s home.

One read: “To my baby boy who will always be my baby boy. I will miss you, but never stop loving you. Mum.”

Last night friends and relatives also left tributes for Mr Jacob social networking websites.

“Still doesnt feel real, cant believe your gone we will all miss you,” said Danielle Leach on Facebook.

Just to be clear about the facts, here’s the UK Sun.

Excerpt:

Two knife-wielding intruders burst into the home of company director Vincent Cooke, 39.

Burglar Raymond Jacob, 37, is believed to have been stabbed with his own knife.

Mr Cooke was later arrested in Bramhall, Cheshire. His wife and son fled the house unhurt.

Isn’t the mother’s reaction interesting? It’s not unexpected coming from the feminized UK, though, where no one is responsible for anything they do. In fact, the one who judges and refuses to bail others out is the bad one. How mean! Defending your home from armed intruders! Just let them kill you! After all, the government already takes your money, so why not not ban self-defense so they take your life as well?

This is not unusual in the new Harriet Harman-onized UK. It happens all the time.

Consider this story from the UK Telegraph.

Excerpt:

Miss Klass, a model for Marks & Spencer and a former singer with the pop group Hear’Say, was in her kitchen in the early hours of Friday when she saw two teenagers behaving suspiciously in her garden.

The youths approached the kitchen window, before attempting to break into her garden shed, prompting Miss Klass to wave a kitchen knife to scare them away.

Miss Klass, 31, who was alone in her house in Potters Bar, Herts, with her two-year-old daughter, Ava, called the police. When they arrived at her house they informed her that she should not have used a knife to scare off the youths because carrying an “offensive weapon” – even in her own home – was illegal.

Jonathan Shalit, Miss Klass’s agent, said that had been “shaken and utterly terrified” by the incident and was stepping up security at the house she shares with her fiancé, Graham Quinn, who was away on business at the time.

He said: “Myleene was aghast when she was told that the law did not allow her to defend herself in her own home. All she did was scream loudly and wave the knife to try and frighten them off.

You can read more about how the 1997 ban on handguns in the UK doubled violent crime in the four years after the ban at Reason magazine. Similarly, in the United states, legalizing the concealed carrying of firearms resulted in dramatic declines in violent crime. But that is just common sense. The more people who own guns and can defend themselves, the less crime there will be.