Charles Adler at his best;
And now these goons who run the United Nations tell the greatest country on earth that we have a solemn moral duty to rehab Omar Khadr. We Canadians don’t take our moral cues from an organization that buried its moral compass in the jungles of Rwanda, that shot up its moral compass in the mountains of Yugoslavia, that defecates daily on its moral compass in Darfur.
Beginning November 7th. Click here for details.
Philippe Karsenty, internationally known media analyst and founder of Media-Ratings, a media watchdog which monitors the media in France and who exposed the false allegations that Israeli soldiers killed a 12-year old Palestinian, Mohammed al-Dura during a gun battle in Gaza in 2000.
Tonight’s amusement sees the Boys Choir School of Moscow State and lead soloist Alexander Yudenkov singing a song written from the point of view of some war orphans who fondly remember the warm welcome and care they received from the kindly old couple in their House On The Neva.
The comments are open for your Reader Tips.
Now is the time at SDA when we juxtapose!
Related – “…this morning it is Rush Limbaugh who is the undisputed winner of the 2010 election.”
(Remember now, be graceful in victory. h/t Louise)
When all else fails, print money.
More broadly, though, Bernanke’s Op-Ed reveals a strategy that, at heart, is aimed at creating another asset bubble even if that’s not being explicitly acknowledged. The Fed is essentially creating $ 600,000,000,000 of “new money” in the hopes that it will push stock prices up, which it in turn hopes will stimulate consumer spending, which in turn it hopes increases business investment and hiring. It’s a very Rube Goldberg-ian vision of how to stimulate the economy, and it seems to me to be exactly the wrong thing to do at this point. It isn’t the job of the Federal Reserve to push up stock prices, or at least it shouldn’t be, and an economic recovery that is based primarily upon increased financial speculation strikes me as very fragile indeed, and basically amounts to repeating the same mistakes that got us into the mess we’re trying to get out of.
Maxed Out Mama on consequences for consumers;
Basically the Fed is forcing a lot of sellers to raise their prices, but it does not control the ability of the average person to pay those prices. Over the short term, people will probably spend more to get buy without constricting total spending, unless they are going week-by-week. Over the longer term, people will just buy way less discretionary goods. To put it starkly, if the average consumer is covering inflation in living costs by borrowing these days, that consumer is headed to BK court.
But first, she quotes scripture.
I know our money guys will have lots to add in the comments.
Hear, hear Minister Clement.
For background, Premier Wall made a patriotic and impassioned speech to the Regina Chamber of Commerce where he explained his decision not recommending the sale. It’s worth listening to. (1/3)
Part Two
Part Three
The issue isn’t so much one company buying another, it isn’t as black and white as that. PCS isn’t the only player in the potash market in Saskatchewan, just the biggest. Agrium, Mosaic and others are also involved.
They all share ownership of a company called Canpotex. Canpotex is basically the distribution and marketing arm for the Saskatchewan potash companies. They own a lot of rail, rail cars and port terminals in Vancouver and Portland. They sell the potash. PCS supplies approximately 60% of the potash Canpotex sells.
BHP has explicitly stated that they prefer to market their own product. They made it clear that they would not be interested in supporting Canpotex.
An affirmative decision from Ottawa with regards to this sale would adversely affect Agrium, Mosaic and Canpotex to a great degree and ultimately leave them ripe for a fire sale.
Last year the potash companies all halted production because the potash market had been saturated. The state of the global economy couldn’t support the volume of potash being mined. This depressed the stock prices, caused lay-offs in numerous Saskatchewan communities (of which Delisle was one because Agrium is about 6 miles away and PCS’s Cory mine is about twenty miles away).
This depressed market is what spurred BHP to come in and make a play for PCS. Good business and I’d applaud them. However the fact that BHP’s business model is so radically different from what is in place, the fact that the proposed take-over would threaten much more than just the board of directors for PCS, and the fact that potash is integral to the Saskatchewan economy made Saskatchewan very leary of the proposed take over.
I applaud Premier Wall for sticking up for his province against his normal prejudice and I applaud Minister Clement for the same. As I understand the Saskatchewan MP’s advocated strongly with the Federal Gov’t on Premier Wall’s behalf. They’ve been through a rough ride over this and they deserve thanks as well.
The World Looks at Obama After the U.S. Midterm Election
By George Friedman ~ Strategic Forecasting Inc. ~ 2010-11-04
Pick the Continue Reading link for George Friedman’s
above titled essay, from Strategic Forecasting Inc. (via
www.stratfor.com, permission granted to reproduce here).
“Sometimes you just get lucky at the racetrack.”
Zenyatta. This Saturday she goes for #20 at Churchill Downs.
The full Breeders Cup race schedule is here. (More photos at The Shed Row.)
The only thing worse than a being sore loser is a being bad winner who rubs his victory his opponent’s face. Common grace demands that winners always accept their victory graciously and modestly; one must never, ever, under any circumstances, verbally taunt the losing party.
It is, however, perfectly acceptable to celebrate with an unbridled victory dance. So go to town:
The comments are open for you Reader Tips.
When you see something like this, someone who’s still spinning the “it was anti-incumbent, not anti-Democrat” canard, just show them this.
Losing 2 of 178 does not an anti-incumbent wave make.
Losing 61 of 255 does an anti-Democrat wave make.
BC Premier Gordon Campbell resigns.
And your hostess is officially this week’s Saskatchewan’s Smartest Radio Listener!
…the Republican Party has picked up more seats in the House of Representatives than at any time since 1948 — that is more than sixty seats. Ike Skelton, Class of 1976, is gone. Many, many other Democrats are gone.
That, in and of itself, is significant. But that’s not the half of it. The real story is the underreported story of the night — the Republican pick ups at the state level.
(h/t)
And the other underreported story of the night – ACORN files for bankruptcy.
3,000 attendants and 40 aircraft… now is the time at SDA when we juxtapose!
Barack Obama, June 3, 2008 – “I am absolutely certain that generations from now, we will be able to look back and tell our children that this was the moment […] when the rise of the oceans began to slow and our planet began to heal.”
Anthony Watts, November 3, 2010 – ‘Greenest President Ever’ trip to India has a carbon footprint bigger than the citizens of many US cities
(Heh.)
Or “I can see Washington from my seat as a Fox News analyst”.
Make no mistake about one thing – while the mainstream now admits that Sarah Palin is a political force to be reckoned with, a 2010 mid-term election dominated by Tea Party successes would not have been possible without the fair, balanced, and uniquely honest coverage of Fox News. If any one entity emerges from this election “with more clout”, it’s Fox.
Every maintream media outlet in the nation attempted first to starve, then ridicule – and when that didn’t work – to destroy the Tea Party. Every network but Fox.
Yes, talk radio and the internet played a huge role, but despite their growing influence, radio can’t convey the images and internet can’t reach that still largely passive portion of the political audience in the way that television can.
This was Sarah Palin’s night, but it was just as much Glenn Beck’s, Sean Hannity’s, and Bill O’Reilly’s – along with the news reporters and editors who chose to report on Tea Party rallies across the nation, to allow American conservatives see themselves, and for themselves, that they were not in the minority.
They were never in the minority.
h/t RSP
Update.
So that the progressive left can remain deaf, dumb, and anti-Semitic. How generous of her.
Well I guess Beverly’s Jihad has been totally unspun. Ironic that she went to Pakistan to prove the Taliban were just ordinary folk and ended up in her last days a prisoner there, carrying water for a crusty old mullah and waiting for her liver to fail. Which it did….eventually.
h/t Grobe
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