Monday, November 10, 2008

Headlines: November 9, 2008

Secret Order Lets U.S. Raid Al Qaeda in Many Countries

Government restructures AIG bailout package

Schwarzenegger tells backers of gay marriage: Don't give up: The governor expresses hope that Proposition 8 would be overturned as protesters continued to march outside churches across California.

To state the obvious: the job of judges it to keep governments within the limits of a constitution; Prop. 8 is now part of the California constitution; so California judges do not have the authority to overturn Prop. 8. Not that something like the rule of law will stop them.

UK's Brown: Now is the time to build global society

Obama set to push ‘big bang’ reform package

"Sunday’s comments also reinforce the impression that Mr Obama’s transition economic advisory board – which includes leading lights of the Clinton era, such as Lawrence Summers and Robert Rubin – is tilting heavily towards a “big bang” approach that would combine a short-term stimulus with large public investments to raise the longer-term US growth rate."

To help an economy recover, a government needs to cut spending, reduce taxes, and pay off debt (as the the federal government did in the early 1920s and in previous economic downturns). Obama's plan will lead to long-term economic disaster.

Obama to use executive orders for immediate impact

Fed Defies Transparency Aim in Refusal to Identify Bank Loans

"The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral."

Egalitarianism as a Revolt Against Nature

Poll Accuracy in 2008 Presidential Elections

1998: Study May Show How Fetus Protects Itself in Womb

No comments: