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Napolitano Not Consulted Over Decision to Try KSM in New York

Napolitano Says She Was Not Consulted in Decision to Try KSM in New York City

At a Senate Judiciary Committee hearing this morning Sen. John Cornyn (R-Texas) asked Homeland Security Secretary Janet Napolitano whether Attorney General Eric Holder consulted her before deciding to try Khalid Sheikh Mohammed and his alleged co-conspirators in a federal court in New York.

“No, I was not consulted,” said Napolitano. “That is a prosecution decision and I think it was properly made by the attorney general.”

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Democrats to Raise Federal Debt Ceiling

Dems to lift debt ceiling by $1.8 trillion, fear 2010 backlash


By DAVID ROGERS | 12/9/09 7:24 PM EST

In a bold but risky year-end strategy, Democrats are preparing to raise the federal debt ceiling by as much as $1.8 trillion before New Year’s rather than have to face the issue again prior to the 2010 elections.

“We’ve incurred this debt. We have to pay our bills,” House Majority Leader Steny Hoyer told POLITICO Wednesday. And the Maryland Democrat confirmed that the anticipated increase could be as high as $1.8 trillion — nearly twice what had been assumed in last spring’s budget resolution for the 2010 fiscal year.

http://www.politico.com/news/stories/1209/30417.html



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Protests in Iran

Currently, in Iran, there are protests against the government and I have to admit I have not been doing a good job following it, but a person who has done a wonderful job is Michael Ledeen. His blog, Faster Please, really is great and he is now covering all the protests in Iran that are happening right now.

Here is his blog:

http://pajamasmedia.com/michaelledeen/

Tags: Iran  
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'Abusing TARP'

Abusing TARP
The wrong way to create jobs.

By Stephen Spruiell

Amid talk that the Obama administration plans to use money from the Troubled Asset Relief Program (TARP) to fund a new stimulus package, it is important to understand what TARP actually accomplished, who benefited, and who paid the price. A major component of the administration’s new stimulus plan would eliminate fees and increase guarantees on loans offered through the Small Business Administration (SBA). Small businesses are the source of most job creation in the U.S., but they are having a hard time finding financing in the current environment. Obama’s speech at Brookings Tuesday stressed the need for government action to get credit flowing again to this sector, but it did not attempt to explain why such credit is currently hard to come by. That might be because any honest attempt to do so would lead back to the government’s flawed strategy for saving the banks. 

Many banks binged on asset-backed securities and related derivatives as the real-estate bubble expanded. These assets soured as home prices fell and home loans started to fall into default, leading to the bailout of Bear Stearns, the collapse of Lehman Brothers, the rescue of AIG, and the passage of the Emergency Economic Stabilization Act, which created TARP. The Treasury Department under George W. Bush initially planned to use the $700 billion TARP fund to buy troubled assets from banks and other financial companies, thus repairing their balance sheets, saving them from insolvency, and enabling them to lend again.

http://article.nationalreview.com/?q=NTgzYzJlMDBiNWIwMDBhNTk4ODY0NmQ3ZmE1MmMxZjU=
Tags: Bailout   obama  
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'Perez in Trouble'

Perez in Trouble
A DOJ lawyer smears his coworkers to cover up a politically motivated decision.

By Hans A. von Spakovsky

The Justice Department’s assistant attorney general for civil rights, Thomas Perez, testified before the House Judiciary Committee last week in an oversight hearing. He was sharply questioned about the department’s dismissal of the voter-intimidation lawsuit it had won by default against the New Black Panther Party (NBPP). Rep. Steve King accused him of lying to the committee during a heated exchange with Rep. Louie Gohmert (R., Texas) over the case. Perez certainly misled the committee.

He said that the decision to drop the case was made by two career attorneys with more than 60 years of combined experience. From my work in the Civil Rights Division, I happen to know almost all of the attorneys who were involved in this case — and if the key to the correct decision was experience, Perez is in a lot of trouble. The lawyers who investigated this case and recommended filing suit have many more years of experience — particularly recent experience in voting cases — than the two lawyers Perez is relying on.

Those two lawyers, Steve Rosenbaum and Loretta King, are two of the worst political hacks to be found in the career ranks of the Civil Rights Division (I have previously written about King’s ambition to run for office in Maryland on the Democratic ticket). But putting that aside, Rosenbaum hasn’t worked on a voting case since he left the Voting Section in 1994. King hasn’t worked on a voting case since she left the Voting Section in 1996.

http://article.nationalreview.com/?q=OTk3YzE2MGI0N2ExZTA1ZGZjNzU1ZTZlZDgxNTE0MWI=
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U.S. Being Double-Crossed by the Pakistani ISI

The Taliban's Shadowy Partners

War On Terror: The anti-war crowd says the small number of enemy fighters inside Afghanistan doesn't justify sending 30,000 fresh troops there. They fail to understand the larger problem.

Sen. Barbara Boxer complains al-Qaida is scarcely in Afghanistan. She cites an intelligence report leaked to ABC News that only 100 fighters are actually present inside the country, along with several thousand Taliban fighters.

"I do not support adding more troops," the California Democrat argued, "because there are now 200,000 American, NATO and Afghan forces fighting roughly 20,000 Taliban and less than 100 al-Qaida."

In other words, why are we even over there?

What Boxer and other war critics fail to understand is there's almost an endless supply of enemy fighters streaming across the border from neighboring Pakistan, where they're actually based.

http://www.investors.com/NewsAndAnalysis/Article.aspx?id=514693

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'Bailout, RIP'

December 10, 2009

Bailout, RIP

By Randall Hoven

The bailout is over: Born October 3, 2008; Died December 7, 2009.  The banks have been rescued.  A Great Depression has been averted.  Feeling better?

"And to adequately reform our system, we must make sure we fully understand the nature of the problem which will not be possible until we are confident it is behind us."  Henry Paulson, Secretary of the Treasury at the birth of the bailout.

It is now behind us.  (By the way, I cite this quote from Paulson not so much to elucidate, as to mock the guy who asked for $700 billion to solve a problem, the nature of which he could not understand until it was behind him.)

According to the Associated Press Monday, the Obama administration is about to announce that the Troubled Assets Relief Program (TARP) has run its course; they are done.  (Well, almost done.  Now Treasury Secretary Geithner says he'd like to keep that money around, just in case of "fresh economic shocks."    You can never be too complacent about economic shocks, you know.  You never know when a few hundred billion dollars might come in handy.)

http://www.americanthinker.com/2009/12/bailout_rip.html
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