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Keyword: crisis

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  • Obama and the Art of the Artificial, Contrived and Transparent Crisis

    10/08/2013 4:06:33 AM PDT · by Kaslin · 4 replies
    Townhall.com ^ | October 8, 2013 | John Ransom
    I think that’s it’s safe to say that community organizing is a little bit easier than, say, being President of the United States. Or being a practicing attorney. Barack Obama has now found that out. To the sorrow of the rest of us. And here’s the essential problem with Barack Obama’s resume, as opposed to, say, Abraham Lincoln’s, who also was unprepared to become president of the United States, but made up for it with ability: Obama has spent his whole life being against stuff, protesting against powers higher than himself, blaming those in control. Lincoln on the other hand...
  • Next "Subprime Crisis" Expands As Student Loan Defaults Hit $146 Billion, Highest Default Rate

    10/01/2013 7:37:56 AM PDT · by Nachum · 14 replies
    Zero Hedge ^ | 10/1/13 | Tyler Durden
    lmost exactly one year ago we wrote "The Next Subprime Crisis Is Here: Over $120 Billion In Federal Student Loans In Default" in which we took the latest (2009 three year cohort) loan default data on Federal Student Loans released by the Department of Education and applied it to the total amount of student loans outstanding, which back then was $914 billion. Yesterday, ED.gov provided its annual update - this time to the 2010 three year and 2011 two year cohorts - and to nobody's major surprise, learned that things just got even worse. To wit: "The national two-year cohort...
  • Essential: Barack Obama and the Strategy of Manufactured Crisis (9-28-2008)

    09/30/2013 8:45:55 AM PDT · by Nachum · 5 replies
    New Zeal ^ | 9/23/13 | Trevor Loudon
    Five years ago, Jim Simpson informed America of the grand conspiratorial sabotage presenting Barack Obama for the United States Presidency. That is, he presented much more than we already knew, to those who were already awake, aware, alarmed, and looking for more. And we have all continued to tell those who have not been willfully, unrepentantly, and fatally ignorant. This article also introduced to many the very old, Marxist and fascist (some would say Illuminist and Jacobin) strategy of collapsing a nation’s economy through government obligations and debt, recently reprised as the “Cloward-Piven strategy.” Whether reviewing or reading for the...
  • Science is in a reproducibility crisis: How do we resolve it?

    09/23/2013 1:09:24 AM PDT · by Olog-hai · 45 replies
    Phys.org ^ | Sep 20, 2013 | Fiona Fidler and Ascelin Gordon
    Over the past few years, there has been a growing awareness that many experimentally established “facts” don’t seem to hold up to repeated investigation. This was highlighted in a 2010 article in the New Yorker entitled The Truth Wears Off and since then, there have been many popular press accounts of different aspects of science’s current reproducibility crisis. These include an exposé of the increasing number of retractions by scientific journals and damning demonstrations of failures to replicate high profile studies. Articles in recent days have discussed how the majority of scientists might be more interested in funding and fame...
  • Syria crisis shows Israel cannot rely on Obama

    09/16/2013 6:33:40 AM PDT · by epow · 16 replies
    Israel Today ^ | 9/15/13 | Aviel Schneider
    Israel's largest daily newspaper Yediot Aharonot has a photo of US President Barack Obama published with the comment "From threats to words." In Jerusalem, we are disappointed by Obama's behavior. Israeli Prime Minister Benjamin Netanyahu issued veiled criticism of the White House: "If we do not help ourselves, no one will." According to Netanyahu, the world needs to see: "Anyone who uses weapons of mass destruction, has to pay the price." If Syria used chemical weapons against its own people, there is no doubt it would do so against Israel. Therefore, America's reluctance to act now is being heavily criticized...
  • Observations on the Financial Crisis

    09/15/2013 11:53:33 AM PDT · by Dysart · 1 replies
    keithhennessey.com ^ | 9-15-2013 | Keith Hennessey
    For the five year anniversary of the 2008 financial crisis, Ed Lazear and I have released a paper titled “Observations on the Financial Crisis,” published through the Hoover Institution. It’s just over 25 pages and also has a fairly detailed timeline of events as an appendix. Ed was chairman of President Bush’s Council of Economic Advisers when I was director of the National Economic Council. Here are the 19 observation headlines. I urge you to read our supporting arguments, especially if you’re going to comment on or respond to them. Each argument takes only about a page. “The recession that...
  • There Was Nothing 'Financial' About the 2008 Crisis

    09/11/2013 7:28:35 AM PDT · by Nachum · 3 replies
    Real Clear Markets ^ | 9/11/13 | John Tamny
    "'Your No. 1 client is the government,' John J. Mack, Morgan Stanley's chairman and chief executive from 2005 to 2009, told current CEO James Gorman in a recent phone call. Mr. Gorman, who was visiting Washington that day, agreed." - Wall Street Journal, September 10, 2013. The five year anniversary of the ‘financial crisis' has predictably generated all manner of commentary about its presumed causes. What's most unfortunate five years later is that ‘financial' and ‘crisis' are still used together. It's unfortunate simply because despite what you read, the crisis was decidedly not financial, nor was it caused by a...
  • Live Thread: Syria Crisis Continuous Updates

    08/28/2013 7:06:18 AM PDT · by kristinn · 934 replies
    Wednesday, August 28, 2013 | Kristinn
    As the war drums for Syria get louder, let this thread serve as a repository for news, background, Tweets, photos, video, on-the-ground reports, etc., as was done recently with Egypt.
  • Obama's Mortgage Police: Has he learned from the last financial crisis? The answer is no

    08/28/2013 6:35:09 AM PDT · by SeekAndFind · 1 replies
    American Thinker ^ | 08/28/2013 | Peter Wilson
    This summer the White House unveiled "President Obama's Plan for a Better Foundation for Middle Class Homeownership," which is so amazing it merits a second slogan, the "Better Bargain." A cutesy infographic explains the Plan, using language that seems out of place among Obama Administration statists: "Put private capital at the center of the mortgage system""NO MORE TAXPAYER BAILOUTS!""End Fannie and Freddie's failed business model" The White House explains further: [President Obama] made it clear that we can't go back to the same bubble-and burst housing system that caused the financial crisis. We need a rock-solid foundation for financing homeownership...
  • Syria crisis: UK draws up contingency military plans

    08/27/2013 2:13:56 AM PDT · by Lonely Bull · 8 replies
    BBC News ^ | 27 August 2013
    The UK is drawing up contingency plans for military action in response to the chemical weapons attack in Syria, Downing Street has said. David Cameron will also consider a recall of Parliament when he returns to No 10 later on Tuesday. MPs from all parties have demanded they be consulted before any move to support military action is taken. The suspected chemical attack took place on Wednesday near Damascus, and reportedly killed more than 300 people. Syrian rebels say the Assad government was responsible, but it blames rebel forces - saying footage of the attack was "fabricated". Mr Cameron is...
  • The Russian Demographic Crisis: Resisting the Influence of a Sexualized Culture

    08/13/2013 7:02:12 PM PDT · by ReformationFan · 26 replies
    Christian Post ^ | 13Aug13 | S. Michael Craven
    This past July, Russian president Vladimir Putin ignited outrage among the (primarily Western) pro-homosexual community by signing into law a ban on homosexual adoption. The new law also prohibits adoption by single parent households. Only a few days before, Putin also signed into law broad prohibitions against "gay propaganda," which included provisions that allow "the government to arrest and detain gay (or 'pro-gay') foreigners for up to 14 days before they would then be expelled from Russia" While these latter measures are no doubt draconian, they nonetheless represent a growing realization within Russian society, namely: sexual anarchy has proven devastating...
  • Syria crisis: UN's del Ponte says evidence rebels 'used sarin'

    05/06/2013 5:30:47 AM PDT · by don-o · 29 replies
    BBC ^ | May 6, 2013 | Not attributed to an author
    Testimony from victims of the Syrian conflict suggests rebels have used the nerve agent sarin, according to a leading United Nations investigator. Carla del Ponte told Swiss TV there were "strong, concrete suspicions but not yet incontrovertible proof". However, she said her panel had not yet seen evidence of government forces using chemical weapons. Syria has recently come under growing Western pressure over the alleged use of such weapons. Ms del Ponte, who serves on the UN Independent International Commission of Inquiry on Syria, said in an interview with Swiss-Italian TV: "Our investigators have been in neighbouring countries interviewing victims,...
  • Air Traffic Slowdown is Manufactured Crisis (You Didn't Know that?

    04/27/2013 10:40:24 AM PDT · by Kaslin · 21 replies
    Townhall.com ^ | April 27, 2013 | Donald Lambro
    WASHINGTON -- President Obama is clearly playing a nasty political game with the air traffic controller furloughs that have forced severe airline delays across the country. It's not the first time he's exploited the budget-cutting sequestration law for political purposes. Earlier this year, he tried to stir up fears that our economy would be hit by fiscal Armageddon if the Republican House didn't submit to his tax-hiking, big-spending demands. But his hysterical claims that our food would be unsafe, America's defenses would crumble and the elderly would lose their benefits have proven to be groundless. A headline in Thursday's Washington...
  • Judges' lawsuit: Disability system 'in crisis' (Social Security program overwhelmed)

    04/19/2013 3:56:51 PM PDT · by Libloather · 14 replies
    MSN ^ | 4/19/13 | STEPHEN OHLEMACHER
    WASHINGTON (AP) - Social Security's disability program is overwhelmed by so many claims that judges sometimes award benefits they might otherwise deny just to keep up with the flow of cases, according to a lawsuit filed by the judges themselves. The Social Security Administration says the agency's administrative law judges should decide 500 to 700 disability cases a year. The agency calls the standard a productivity goal, but the lawsuit claims it is an illegal quota that requires judges to decide an average of more than two cases per workday. "When the goals are too high, the easy way out...
  • Interview with Yuri Bezmenov

    04/11/2013 9:47:28 PM PDT · by OneWingedShark · 46 replies
    UselessDissident on Blogspot.com ^ | 24 Nov 08 | Useless Dissident
    ... Griffin: I think you’re trying to tell us something… to this country. Bezmenov: Oh yes. I am trying to tell you that it has to be stopped, unless you want to end up in [a] gulag system, and enjoy all the advantages of socialist equality, working for free, catching fleas on your body, sleeping on planks of plywood, in Alaska this time, I guess. That’s where Americans will belong unless they will wake up, of course, and force their government to stop aiding Soviet fascism. ...
  • Journalist Dr Udo Ulfkotte: Expelling Muslims Will Help Europe Fight its Financial Crisis

    04/05/2013 7:08:29 PM PDT · by Enza Ferreri · 6 replies
    Enza Ferreri Blog ^ | 6 April 2013 | Enza Ferreri
    Enlightening and heart-warming video interview, that can be seen clicking on the link just below the post title, with prominent German journalist Dr Udo Ulfkotte, (not surprisingly) former editor of one of Germany's main dailies, Frankfurter Allgemeine Zeitung (thanks to Benedict Broere for the hat tip). In it he says that he does not think that Islam will prevail in Europe because Europeans will fight it back, but it will be bloody. Asked if there could be a socio-economic problem behind Muslim radicalism, he reiterates the ideologically intransigent nature of Islam and answers that we in Europe have thrown so much...
  • Astrophysics: Fire in the hole! (Black hole firewalls, relativity vs. quantum mechanics)

    04/05/2013 5:46:23 PM PDT · by LibWhacker · 24 replies
    Nature ^ | 4/3/13 | Zeeya Merali
    n March 2012, Joseph Polchinski began to contemplate suicide — at least in mathematical form. A string theorist at the Kavli Institute for Theoretical Physics in Santa Barbara, California, Polchinski was pondering what would happen to an astronaut who dived into a black hole. Obviously, he would die. But how? According to the then-accepted account, he wouldn’t feel anything special at first, even when his fall took him through the black hole’s event horizon: the invisible boundary beyond which nothing can escape. But eventually — after hours, days or even weeks if the black hole was big enough — he...
  • N. Korea only allowing S. Korean workers to leave Kaesong, banning entry

    04/02/2013 8:39:22 PM PDT · by TigerLikesRooster · 41 replies
    Yonhap News ^ | 2013/04/03
    2013/04/03 11:25 KST N. Korea only allowing S. Korean workers to leave Kaesong, banning entry SEOUL, April 3 (Yonhap) -- North Korea said Wednesday it will ban South Korean workers from entering the inter-Korean industrial park in Kaesong, only allowing South Koreans now staying at the North Korean border town to return home. Seoul's Ministry of Unification said that it received an official notification to the effect from the North earlier in the day. "South Korea's government deeply regrets the entry ban and urges it be lifted immediately," ministry spokesman Kim Hyung-seok said in a press conference. He said every...
  • The End of Barak Obama? (alarmist video - anyone seen it?)

    03/28/2013 10:46:11 PM PDT · by ransomnote · 16 replies
    pro.stansberryresearch.com ^ | unknown | http://pro.stansberryresearch.com
    Video at link claims to have information about scandal which could halt American way of life. Anyone seen it? " A wealthy Maryland journalist (who's neither a Democrat or Republican) has exposed a scandal brewing within the current Administration. He says it could ruin Obama's entire Presidency... and would also result in some of the most dramatic changes to ordinary American life in more than 50 years.
  • Europe Has A Crisis — And It's Much Bigger Than Cyprus

    03/23/2013 11:49:39 AM PDT · by blam · 14 replies
    Tbi ^ | 3-23-2013 | Joe Weisenthal
    Europe Has A Crisis — And It's Much Bigger Than Cyprus Joe WeisenthalMarch 23, 2013REUTERS/Christian Hartmann In a way, Europe should be thrilled by the week that was because financial markets barely batted an eye at the crisis in Cyprus. But Europe has a problem on its hands that's bigger than Cyprus: The economy stinks. This week we got fresh proof that things are bad or getting worse. In France, the Flash PMI report (which is a mid-month look at the combined services and manufacturing sectors of the economy) came in dismal, with the output index falling to a four...