Blog Smith is inspired by the myth of Hephaestus in the creation of blacksmith-like, forged materials: ideas. This blog analyzes topics that interest me: IT, politics, technology, history, education, music, and the history of religions.
Hong Kong remains the world's freest place to do business while the United States has lost its claim to an unrestricted economy, according to an annual report published Wednesday.
Hong Kong, a former British colony which was returned to China in 1997, edged out rival Singapore to claim top spot for the sixteenth consecutive year in the 2010 Index of Economic Freedom.
Australia and New Zealand grabbed third and fourth spot respectively.
The report is compiled by The Heritage Foundation, a conservative Washington-based think tank, and The Wall Street Journal.
Ireland, Switzerland, Canada, the United States, Denmark and Chile rounded out the top ten list, which is based on criteria including economic openness, trade, the efficiency of domestic regulators, and the rule of law.
But Canada pushed the US from the top seven economies deemed to have an entirely free economy due to "notable decreases in financial freedom, monetary freedom, and property rights," the report said.
"The US government?s interventionist responses to the financial and economic crisis that began in 2008 have significantly undermined economic freedom and long-term prospects for economic growth," the report said.
Mainland China was ranked 140 in the list of 183 countries with Cuba, Zimbabwe and North Korea rounding out the bottom of the list.
There were no network exits polls, only a limited sample by Rasmussen, but some of the polls taken beforehand bear out Obama’s role in Coakley’s defeat. In the final January 17 poll by Public Policy Polling, a Democratic-leaning North Carolina outfit that picked up Brown’s surge early in the month, 20 percent of the respondents who voted for Obama in 2008 said they’d vote for Brown. Among those voters, only 22 percent approved of Obama’s presidency, and only 13 percent backed his health care plan.
Hiram Stevens Maxim, born February 4, 1840, was a late 19th century rival to brilliant engineers like Thomas Edison and the Wright Brothers. His early inventions included a mousetrap and even an early aircraft which might have made his name and fortune, if it had flown.
In 1883 he patented a new fully automatic machine-gun. An invention inspired by direct personal experience. Maxim's eureka moment came while at rifle practice with friends at Savannah, Georgia. The thumping recoil from his rifle was giving him painful kicks in the shoulder and he was getting tired of doing all the reloading himself. It occurred to Maxim to use one problem to solve the other. Could the force of the recoil be used to reload the weapon automatically?
Back at the drawing board, Maxim found an ingenious way to do it.
The key components are the barrel and the bolt. When a cartridge is fired both are forced backwards by the recoil, then the barrel is pushed forwards again by a spring, flipping out the spent cartridge. Meanwhile, the bolt is pushed forwards by another spring, loading and firing the next shot. Thanks to recoil the gun loads and fires itself with no outside help.
Now Maxim was in the machine-gun business. Hiram moved to London and unleashed a sales-offensive that matched brilliant engineering with flamboyant public-relations. A series of high-profile publicity stunts spread the news of the machine-gun around the world. Power brokers from all nations were invited to fire the weapon for themselves and one story, above all, became part of Maxim folklore. He claimed that his machine-gun could chop down trees.
Former special forces machine gunner Bob Pedesta aims to put this claim to the test. Using a 1916 Vickers gun, a British Army variation on Hiram Maxim's design, capable of firing 450 rounds per minute, he will attempt to topple a mighty Scot's Pine.
Having selected a suitable tree, Bob marked the trunk with white paint to serve as a target. Firing only short bursts to avoid overheating the muzzle, he began picking away at the tree trunk. After only 470 rounds the tree toppled.
Maxim's machine-gun was so effective during World War I that the basic design is still in use today. Maxim has quite a number of patents to his name, see his WikiPedia page for details.
CREDITS: The National Geographic Channel "Inventions of War" documentary series.
Earlier today, the Boston Globe posted online the results of the Massachusetts special election for U.S. Senate. A screen shot of the posting reveals a razor-thin 1% victory for Martha Coakley over Scott Brown with 100% of precincts reporting. The only problem with the post, however, is that it came at least seven hours before the polls in Massachusetts actually close at 8:00 p.m., leading some confused Massachusetts residents to wonder why the post, which was removed, ever went up in the first place.
These images were captured by Massachusetts listeners of the Wilkow Majority (www.wilkowmajority.com) on Sirius XM Radio alerted people to the story.
Another possible incident of voter fraud has been reported in Lawrence, Massachusetts by Anna Marie Balone from Citizens for Limited Government.
The folks at Election Journal caught up with Isabel Melendez handing out absentee ballots in Lawrence, Massachusetts. She also helpfully explains how she can mark the ballot for the voter:
“My candidate is Martha…[Coakley] so I can mark it.” Melendez is voting on behalf of other people.
A Boston Globe story reports that Isabel Melendez is a community activist in Lawrence.
Democrat Martha Coakley and Republican Scott Brown are crisscrossing Massachusetts in a last-minute scramble for votes in a race that has drawn national attention.
Brown has promised to be the 41st vote against Obama's health care rationing plan, while Coakley has pledged to be the 60th vote for it. The surge by Brown has been so alarming to Democrats that Obama put his political capital on the line to visit the state.
The seat opened up with the death last year of Edward M. Kennedy, the liberal lion of the Senate, who had served for 47 years. Democrats in Washington are already discussing how to pass the health care bill even if Brown is elected.
Indepdendent candidate Joseph L. Kennedy, who is no relation to the famous Kennedy clan, is also in the race, but has gained minimal support.
Loretta Napoleoni details her rare opportunity to talk to the secretive Italian Red Brigades -- an experience that sparked a lifelong interest in terrorism. She gives a behind-the-scenes look at its complex economics, revealing a surprising connection between money laundering and the US Patriot Act.
I'm going to show you how terrorism actually interacts with our daily life. 15 years ago I received a phone call from a friend. At the time he was looking after the rights of political prisoners in Italian jails. He asked me if I wanted to interview the Red Brigades. Now, as many of you may remember, the Red Brigades was a terrorist, Marxist organization which was very active in Italy from the 1960s until the mid-1980s. As part of their strategy the Red Brigades never spoke with anybody, not even with their lawyers. They sat in silence through their trails, waving occasionally at family and friends.
In 1993 they declared the end of the arms struggle. And they drew a list of people with whom they would talk, and tell their story. And I was one of those people. When I asked my friend why the Red Brigades want to talk to me, he said that the female members of the organization had actually supported my name. In particular, one person had put it forward. She was my childhood friend. She had joined the Red Brigades and became a leader of the organization.
Naturally, I didn't know that until the day she was arrested. In fact, I read it in the newspaper. At the time of the phone call I just had a baby, I successfully completed a management buyout to the company I was working with, and the last thing I wanted to do was to go back home and touring the high-security prisons. But this is exactly what I did because I wanted to know what had turned my best friend into a terrorist, and why she'd never tried to recruit me. (Laughter) (Applause)
So, this is exactly what I did. Now, I found the answer very quickly. I actually had failed the psychological profiling of a terrorist. The center committee of the Red Brigades had judged me too single-minded and too opinionated to become a good terrorist. My friend, on the other hand, she was a good terrorist because she was very good at following orders. She also embraced violence. Because she believed that the only way to unblock what, at the time, was known as a blocked democracy, Italy, a country run by the same party for 35 years was the arms struggle.
At the same time, while I was interviewing the Red Brigades, I also discovered that their life was not ruled by politics or ideology, but actually was ruled by economics. They were constantly short of cash. They were constantly searching for cash. Now, contrary to what many people believe, terrorism is actually a very expensive business. I'll give you an idea. In the 1970s, the turnover of the Red Brigades on a yearly basis was seven million dollars. This is roughly between 100 and 150 million, today.
Now, you know, if you live underground it's really hard to produce this amount of money. But this also explains why, when I was interviewing the Red Brigades, and then, later on, other arms organizations, including members of al-Zarqawi group in the Middle East, everybody was extremely reluctant to talk about ideology, or politics. Because they had no idea. The political vision of a terrorist organization is decided by the leadership, which, generally, is never more than five to seven people. All the others do, day in and day out, is search for money.
Once, for example, I was interviewing this part-timer from the Red Brigades. It was a psychiatrist. He loved sailing. He was a really keen sailor. And he had this beautiful boat. And he told me that the best time of his life was when he was a member of the Red Brigades and he went sailing, every summer, back and forth from Lebanon, where he would pick up Soviet weapons from the PLO, and then carry them all the way to Sardinia where the other arms organization from Europe would go and take their share of the arms. For that service the Red Brigades were actually paid a fee, which went to fund their organization.
So, because I am a trained economist and I think in economic terms, all of the sudden I thought, maybe there is something here. Maybe there is a link, a commercial link, between one organization and another one. But it was only when I interviewed Mario Moretti, the head of the Red Brigades, the man who kidnapped and killed Aldo Moro, Italian former prime minister, that I finally realized that terrorism is actually business. I was having lunch with him in a high-security prison in Italy. And as we were eating, I had the distinct feeling that I was back in the city of London, having lunch with a fellow banker or an economist. This guy thought in the same way I did.
So, I decided that I wanted to investigate the economics of terrorism. Naturally, nobody wanted to fund my research. In fact, I think many people thought that I was a bit crazy. You know, that woman that goes around to foundations asking for money, thinking about the economics of terrorism. So, in the end, I took a decision that, in retrospect, did change my life. I sold my company, and funded the research myself.
And what I discovered is this parallel reality, another international economic system, which runs parallel to our own, which has been created by arms organizations since the end of World War II. And what is even more shocking is that this system has followed, step by step, the evolution of our own system, of our Western capitalism. And there are three main stages. The first one is the state sponsor of terrorism.
The second one is the privatization of terrorism. And the third, of course, is the globalization of terrorism. So, state sponsor of terrorism, feature of the Cold War. This is when the two superpowers were fighting a war by proxy, along the periphery of the sphere of influence, fully funding arms organizations. A mix of legal and illegal activities is used. So, the link between crime and terror is established very early on.
And here is the best example, the Contras in Nicaragua, created by the CIA, legally funded by the U.S. congress, illegally funded by the Reagan administration via covert operation, for example, the Iran-Contra Affair. Then comes the late 1970s, early '80s, and some groups successfully carry out the privatization of terrorism. So, they gain independence from the sponsor, and start funding themselves.
Now, again we see a mix of legal and illegal activities. So, Arafat used to get a percentage of the smuggling of hashish from Bekáa Valley, which is the valley between Lebanon and Syria. And the IRA, which control the private transportation system in Northern Ireland, did exactly the same thing. So, every single time that somebody got into a taxi in Belfast without knowing, actually, was funding the IRA.
But the great change came, of course, with globalization and deregulation. This is when arms organization were able to link up, also financially, with each other. But above all, they started to do serious business with the world of crime. And together they money-laundered their dirty business through the same channel. This is when we see the birth of the transnational arms organization Al Qaeda. This is an organization that can raise money across border. But also that is able to carry out attacks in more than one country.
Now, deregulation also brought back rogue economics. So what is rogue economics? Rogue economics is a force which is constantly lurking in the background of history. It comes back at times of great transformation, globalization being one of those transformations. It is at this times in which politics actually loses control of the economy, and the economy becomes a rogue force working against us. It has happened before in history. It has happened with the fall of the Roman empire. It has happened with Industrial Revolution. And it actually happened again, with the fall of the Berlin wall.
Now, I calculated how big was this international economic system composed by crime, terror, and illegal economy, before 9-11. And it is a staggering 1.5 trillion dollars. It is trillions, it's not billions. This is about twice the GDP of the United Kingdom, soon will be more, considering where this country is going. (Laughter)
Now, untill 9-11, The bulk of all this money flew into the U.S. economy because the bulk of the money was denominated in U.S. dollars and the money laundering was taking place inside the United States. The entry point, of course, of most of this money, were the off-shore facilities. So, this was a vital injection of cash into the U.S. economy. Now, when I went to look at the figures of the U.S. money supply, the U.S. money supply is the amount of dollars that the Federal Reserves prints every year in order to satisfy the increase in the demand for dollars, which, of course, reflects the growth of the economy.
So, when I went to look at those figures, I noted that since the late 1960s a growing number of these dollars was actually leaving the United States, never to come back. These were money taken out in suitcases or in containers, in cash of course. These were money taken out by criminals and money launderers. These were money taken out to fund the growth of the terror, illegal and criminal economy. So, you see, what is the relationship?
The United States actually is a country that is the reserve currency of the world. What does it mean? That means that it has a privilege that other countries do not have. It can borrow against the total amount of dollars in circulation in the world. This privilege is called seniorage. No other country can do that. All the other countries, for example, the United Kingdom can borrow only against the amount of money in circulation inside its own borders.
So, here is the implication of the relationship between the worlds of crime, terror, and illegal economy, and our economy. The U.S. in the 1990s was borrowing against the growth of the terror, illegal and criminal economy. This is how close we are with this world. Now, this situation changed, of course, after 9-11, because George Bush launched the war on terror. Part of the war on terror was the introduction of the Patriot Act. Now, many of you know that the Patriot Act is a legislation that greatly reduces the liberties of Americans in order to protect them against terrorism.
But there is a section of the Patriot Act which refers specifically to finance. And it is, in fact, an anti-money-laundering legislation. What the Patriot Act did was to prohibit U.S. bank, and U.S.-registered foreign banks from doing any businesses with off-shore facilities. It closed that door between the money laundering in dollars, and the U.S. economy. It also gave the U.S. monetary authorities the right to monitor any dollar transaction taking place anywhere in the world.
Now, you can imagine what was the reaction of the international finance and banking. All the bankers said to their clients, "Get out of the dollars and go and invest somewhere else." Now, the Euro was a newly born currency of great opportunity for business, and, of course, for investment. And this is what people did. Nobody wants the U.S. monetary authority to check their relationship, to monitor their relationship with their clientele. The same thing happened, of course, in the world of crime and terror. People simply moved their money-laundering activities away from the United States into Europe.
Why did this happen? This happened because the Patriot Act was a unilateral legislation. It was introduced only in the United States. And it was introduced only for the U.S. dollars. In Europe, a similar legislation was not introduced. So, within six months Europe became the epicenter of the money-laundering activities of the world. So, this is how incredible are the relationship between the world of crime and the world of terror, and our own life.
So, why did I tell you this story? I told you this story because you must understand that there is a world that goes well beyond the headlines of the newspapers, including the personal relationship that you have with friends and family. You got to question everything that is told to you, including what I just told you today. (Laughter) This is the only way for you to step into the dark side, and have a look at it. And believe me, it's going to be scary. It's going to be frightful, but it's going to enlighten you. And, above all, it's not going to be boring. (Laughter) (Applause)
Author and former Washington Post reporter Linda Perlstein is public editor for the Education Writers Association. Her writing is aimed at helping journalists improve coverage of schools and children but is accessible to non-journalists as well.
A professor of education and a director of education policy take in-depth looks at “the power of society, schools, colleges and educators to empower individuals, further learning, and reduce inequities … and have a little fun along the way.
Veteran education reporter Debra Viadero of Education Week knows how to dig into research on schools and learning and tell us whether it makes sense or not. Her posts are informative and lively.
Sponsored by a consortium of districts, the Learning First Alliance, this site has a very smart and interesting blogger who ranges wide over the country.
The blog of the independent think tank Education Sector offers unorthodox analysis on the latest in education policy and research on a range of education subjects.
By teacher Jacqueline McTaggert, this is a place where teachers share ideas and opinions–and parents can stop by too. McTaggert has some fun features, including “Dunce Cap,” where she dishonors somebody every month for doing something dumb, and “Gold Star,” where she gives praise where praise is due.
Journalist and former Senate education staffer Alexander Russo writes about everything happening in education news and politics. Always something new to learn.
Ken Pittman: Right, if you are a Catholic, and believe what the Pope teaches that any form of birth control is a sin. ah you don’t want to do that.
Martha Coakley: No we have a seperation of church and state Ken, lets be clear.
Ken Pittman: In the emergency room you still have your religious freedom.
Martha Coakley: (……uh, eh…um..) The law says that people are allowed to have that. You can have religious freedom but you probably shouldn’t work in the emergency room.
Here's the list of possible community building tools for learning:
Moodle- "Moodle is a Course Management System (CMS), also known as a Learning Management System (LMS) or a Virtual Learning Environment (VLE). It is a Free web application that educators can use to create effective online learning sites."
Ning- Ning is an online platform for people to create their own social networks
Edmodo- "A private social platform for teachers and students to share ideas, files, events and assignments."
Twiducate- A free resource for educators for teachers and students to continue their learning outside the classroom.
Hotchalk- HotChalk provides a free online learning management system, a library of free and premium digital content, and a portal into today’s educational landscape with innovative articles and the latest news
Google Docs- Safely store, organize, share and collaborate on documents, spreadsheets and presentations online
Blog- "is a type of website, usually maintained by an individual with regular entries of commentary, descriptions of events, or other material such as graphics or video." (http://en.wikipedia.org/wiki/Blog)
Wiki- is a website that allows the the editing of any number of web pages via a web browser There are typically multiple editors on a wiki site. (http://en.wikipedia.org/wiki/Wiki)
Google Group- Groups provides a method for true communication and collaboration with group members
Nicenet.org- Nicenet is a volunteer, non-profit organization dedicated to providing free services to the Internet community. Nicenet's primary offering, the Internet Classroom Assistant is designed to address the pedagogical needs and limited resources of teachers and their students.
Kidblog- Kidblog.org is designed for elementary and middle school teachers who want to provide each student with their own, unique blog.
Econ 101: Moral Hazard and How Government Policies Encourage Foolish Behavior
Topics:
Via Daniel J. Mitchell, Nicki Kurokawa, a former Cato employee, explains "moral hazard," and notes that government-subsidized risk played a pernicious role in the housing bubble and financial crisis, and warns that "too big to fail" may create similar problems in the future.
Scott Brown at the Massachusetts Senate debate. "With all due respect, it's not the Kennedy's seat, it's not the Democrats' seat, it's the people's seat."
Resler Sees Encouraging Elements in December Jobs Report
Jan. 8 (Bloomberg) -- David Resler, chief U.S. economist at Nomura Securities, talks with Bloomberg's Carol Massar and Matt Miller about the U.S. labor market. The U.S. unexpectedly lost 85,000 jobs in December, supporting Federal Reserve forecasts that a labor market recovery will take time and making it more likely interest rates will stay near zero for the next six months. (Source: Bloomberg)
Jan. 8 (Bloomberg) -- Bloomberg BusinessWeek editor Josh Tyrangiel talks with Betty Liu about the U.S. jobs market, the temporary labor force, health-care costs and the outlook for three-dimensional television. (Source: Bloomberg)
A Labor Department report released on Friday showed the US economy unexpectedly lost 85,000 jobs in December while the jobless rate was unchanged. However, as The Consumerist notes, the reason why the national unemployment rate hasn't gone up is because "people are giving up hope and dropping out of the labor force entirely."
The percentage of Americans taking part in the labor force is the lowest it's been since the mid-'80s, and over 900,000 people are no longer looking for work because they don't think any is available.
About 1.7 million Americans opted out of the workforce from July through December, representing a 1.1 percent drop that marks the biggest six-month decrease since 1961, the Labor Department report showed. The share of the population in the labor force last month fell to the lowest level in 24 years.
The so-called underemployment rate -- which includes part- time workers who’d prefer a full-time position and people who want work but have given up looking -- rose to 17.3 percent in December from 17.2 percent.
The number of discouraged workers, those not looking for work because they believe none is available, climbed to 929,000 last month, the most since records began in 1994.
The problem in this recession is not the unemployment rate, but the average length of time that each worker has been unemployed.
Last month, I cited another sad statistic with regards to long-term unemployment.
According to data released by the Department of Labor, long-term unemployment is soaring:
The number of Americans out of work for 27 weeks or more reached 5.9 million last month, the most on records dating from 1948. That's 18 percent more than just three months ago, when the total was just below 5 million.
Shrinking U.S. Labor Force Keeps Unemployment Rate From Rising
A Labor Department report released on Friday showed the US economy unexpectedly lost 85,000 jobs in December while the jobless rate was unchanged. However, as The Consumerist notes, the reason why the national unemployment rate hasn't gone up is because "people are giving up hope and dropping out of the labor force entirely.
The percentage of Americans taking part in the labor force is the lowest it's been since the mid-'80s, and over 900,000 people are no longer looking for work because they don't think any is available.
About 1.7 million Americans opted out of the workforce from July through December, representing a 1.1 percent drop that marks the biggest six-month decrease since 1961, the Labor Department report showed. The share of the population in the labor force last month fell to the lowest level in 24 years.
The so-called underemployment rate -- which includes part- time workers who’d prefer a full-time position and people who want work but have given up looking -- rose to 17.3 percent in December from 17.2 percent.
The number of discouraged workers, those not looking for work because they believe none is available, climbed to 929,000 last month, the most since records began in 1994.
The problem in this recession is not the unemployment rate, but the average length of time that each worker has been unemployed.
Last month, I cited another sad statistic with regards to long-term unemployment.
According to data released by the Department of Labor, long-term unemployment is soaring:
The number of Americans out of work for 27 weeks or more reached 5.9 million last month, the most on records dating from 1948. That's 18 percent more than just three months ago, when the total was just below 5 million.
Google's search engine returns common results to most queries as you type. But the "don't be evil" company appears to be censoring its results when it comes to Islam.
Type "Christianity is" into Google and you'll get a list of common searches. But the engine appears to suppress results for "Islam is."
Type a few words into the search field on Google's home page and the engine automatically returns a helpful list of popular, similar searches for the words you've typed in so far -- a convenient way to find the right information.
Enter "Christianity is" and you'll find results that, while offensive, at least indicate common discussions on the Internet. Likewise, type "Judaism is" and Google suggests other, potentially offensive searches such as "Judaism is false" and "Judaism is not a race."
But type "Islam is" into the search engine and Google's auto-results pane mysteriously vanishes, leading some to conclude that Google, whose mantra is "don't be evil," is censoring its search results.
According to Google's Web site, the query suggestions that appear as you type are drawn from from searches you've done (if you're logged in), searches done by users all over the world, sites in the search index and ads in Google's network.
The company also explains that "We try to filter out suggestions that include pornographic terms, dirty words, and hate and violence terms. If you encounter a term that should not be suggested, please let us know by posting in the Google Web Search Help Forum."
Perhaps the returned results are so inappropriate that all results have simply been turned off, an option some Internet users label 'cowardly.' After all, search for hot-button items such as "scientology is" or "Muhammad is" and the results are even more offensive.
A Google spokesman explained that the weird absence of results is just a software problem: "This is in fact a bug and we're working to fix it as quickly as we can." But the company would not respond to requests for clarification.
An intriguing corollary: Google offers search suggestions for future tense queries as well. Ask "Christianity will" and Google suggests "Christianity will end, it will disappear," and "Christianity will end." Ask the same about Islam and Google notes that "Islam will dominate the world" and "Islam will destroy Europe."
The Federal Reserve Bank of New York (then led by Geithner) pressed American International Group Inc. to withhold from the public the details of controversial deals that funneled billions in bailout money to Goldman Sachs and other banks.
E-mails show lawyers representing the New York Fed asked AIG to remove the information from a draft financial disclosure. Treasury Secretary Timothy Geithner was president of the New York Fed at the time.
The deals were part of a massive rescue effort at the peak of the financial crisis.
Lawmakers and others have accused Geithner's Fed of overpaying banks, including Goldman and Deutsche Bank, to cancel deals with AIG.
The New York Fed says forcing the banks to take losses or disclosing more information could have worsened the crisis.
A sound suggestion by several students yesterday related to the Constitutional questions about the Health Bill currently proposed. The following resources present a number of pro- and anti- arguments for review.
Senator Orrin Hatch from Utah told CNSNews.com in November 2009 that forcing people to buy health insurance cannot be justified under the Constitution’s Commerce Clause.
“But here would be the first time where our government would demand that people buy something that they may or may not want,” Hatch told CNSNews.com. “And, you know, if that’s the case, then we didn’t need a ‘Cash for Clunkers,’ all we had to do is have the federal government say you all got to buy new cars, no matter how tough it is on you. You know, they could require you to buy anything. And that isn’t America. That’s not freedom. That’s not constitutionally sound. Now, there may be some gimmicky way that they can do this, but I can’t think of a gimmicky way that would be constitutionally justified.”
Nancy Pelosi was asked if health care is covered in the Constitution. She responded: "Are you serious?"
Sen. Mary Landrieu (D-La.) said that she would leave it to "constitutional lawyers" to explain where Congress gets the constitutional power to require that Americans buy health insurance from the Federal government.
Protester Delays Senate Committee Opening, CSPAN May 05, 2009
Max Baucus, D-MT, "We need more police."
Is Government-Run Health Care Constitutional?
Tim Lynch (CATO Institute) and Jay Sekulow (American Center for Law and Justice) discuss the constitutionality of federal health care programs with Judge Andrew Napolitano.
Or, for another historical perspective, some may entertain the thoughts of Ronald Reagan on Universal Healthcare.
The Muslim who was arrested on Christmas day was attempting to detonate a bomb; the bomb consisted of a device containing Pentaerythritol Tetranitrate (PETN), Triacetone Triperoxide (TATP) and other ingredients. And, the Haskell's are helpful enough to publish a blog describing their experience with the terrorists (plural) during the incident. The FBI report of the incident has changed numerous times, but has not confirmed the detention of a second individual. According to the Haskell's the bomber had an accomplice and they maintained this point consistently.
Another passenger, Daniel Huisinga, supports the basic claims by the Haskell's.
A third passenger on the flight, interviewed with the Haskell's on CNN, confirms the details of their account; in addition, a man with a camcorder apparently taped the entire incident.
Rob Cole, Sky News Online
Danish police say they have shot a Somali man with links to al Qaeda who broke into the home of a cartoonist whose depictions of the Prophet Mohammed outraged many Muslims.
Police say the 28-year-old - who was armed with a knife and axe - was trying to kill Kurt Westergaard.
The intruder was linked to Somali terror organisation al Shabaab and al Qaeda leaders in east Africa, the Danish Security and Intelligence Service PET said in a statement.
He was shot twice and will be charged with two counts of attempted murder after also attacking a policeman.
Mr Westergaard said he pressed a panic button and fled to the safe room in his Aarhus home with his five-year-old granddaughter.
"I locked myself in our safe room," Mr Westergaard, 74, told the Danish news agency Ritzau.
"He tried to smash the entrance door with an axe.
"He used insults, I don't remember which, but it was bad language. He spoke poor Danish and he wound up saying he'd be back." I locked myself in our safe room. He tried to smash the entrance door with an axe.
Kurt Westergaard on the attack at his home
"My grandchild did fine," Mr Westergaard told the newspaper Jyllands-Posten.
"It was scary. It was close. Really close. But we did it."
Mr Westergaard's home is protected by tight security, including a panic line to local police, and is subject to regular patrols by officers.
Chief Supt Morten Jensen, from East Jutland police, said: "A personal alarm was received from Mr Westergaard's house."
Officers found the man "armed with an axe and a knife in either hand".
The security service said the intruder had been involved in a "terror-related network" that had been under investigation in connection with threats to Westergaard.
"PET looks very seriously upon this case which once again confirms the terror threat directed against Denmark and the cartoonist Kurt Westergaard in particular," PET chief Jakob Scharf said in the statement.
"He broke a window of Mr Westergarrd's house. He tried to attack one officer with an axe and he was shot in his right leg and his left arm," Chief Supt Jenson said.
"He's not seriously injured, he's in custody."
Kurt Westergaard
Westergaard hid in a safe room
Denmark's Ritzau news agency said police sappers were sent in to the home to look for a bomb that might have been laid.
The Danish cartoonist caused fury in the Islamic world in 2005 after the newspaper published his drawings of Mohammed wearing a turban in the shape of a bomb.
There were violent protests in many Islamic countries that led to dozens of deaths in Nigeria, Libya and Pakistan.
Demonstrators burned Danish flags in protests that culminated in February 2006 with the torching of Danish diplomatic offices in Damascus and Beirut.
Mr Westergaard received several death threats.
Two Chicago men were charged last October with terror offences related to an alleged plot to kill Mr Westergaard and the newspaper's former cultural editor.
Most Muslims consider any depiction of the founder of Islam as offensive.
During his presidential campaign, President Obama promised to run an ethical and transparent administration. However, in his first year in office, the President has delivered corruption and secrecy, bringing Chicago-style political corruption to the White House. Consider just a few Obama administration "lowlights" from year one: Even before President Obama was sworn into office, he was interviewed by the FBI for a criminal investigation of former Illinois Governor Rod Blagojevich's scheme to sell the President's former Senate seat to the highest bidder. (Obama's Chief of Staff Rahm Emanuel and slumlord Valerie Jarrett, both from Chicago, are also tangled up in the Blagojevich scandal.) Moreover, the Obama administration made the startling claim that the Privacy Act does not apply to the White House. The Obama White House believes it can violate the privacy rights of American citizens without any legal consequences or accountability. President Obama boldly proclaimed that "transparency and the rule of law will be the touchstones of this presidency," but his administration is addicted to secrecy, stonewalling far too many of Judicial Watch's Freedom of Information Act requests and is refusing to make public White House visitor logs as federal law requires. The Obama administration turned the National Endowment of the Arts (as well as the agency that runs the AmeriCorps program) into propaganda machines, using tax dollars to persuade "artists" to promote the Obama agenda. According to documents uncovered by Judicial Watch, the idea emerged as a direct result of the Obama campaign and enjoyed White House approval and participation. President Obama has installed a record number of "czars" in positions of power. Too many of these individuals are leftist radicals who answer to no one but the president. And too many of the czars are not subject to Senate confirmation (which raises serious constitutional questions). Under the President's bailout schemes, the federal government continues to appropriate or control -- through fiat and threats -- large sectors of the private economy, prompting conservative columnist George Will to write: "The administration's central activity -- the political allocation of wealth and opportunity -- is not merely susceptible to corruption, it is corruption." Government-run healthcare and car companies, White House coercion, uninvestigated ACORN corruption, debasing his office to help Chicago cronies, attacks on conservative media and the private sector, unprecedented and dangerous new rights for terrorists, perks for campaign donors – this is Obama's "ethics" record -- and we haven't even gotten through the first year of his presidency.
A basic truth is that we may only loan what we have. If we have a dollar, we may loan a dollar. Yet, under fractional reserve banking, banks loan ten times the money they actually have.
Factional reserve banks imitate up to 10 times the amount of money that they actually have deposited, and charge interest on it all. Since money represents labor, fractional reserve bankers are effectively robbing the value of everyone's labor through this scheme.
9 minute video explaining fractional reserve banking combined with fiat currency using the Federal Reserve's own documents:
"Bank runs instruct the public in the essential fraudulence of fractional reserve banking, in its essence as a giant Ponzi scheme in which a few people can redeem their deposits only because most depositors do not follow suit."
Murray N. Rothbard
Fractional Reserve Banking is Fraudulent - Ron Paul on CNBC
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Info World: Information Technology News, Computer Networking & Security;
Information Week: Business Innovation Powered by Technology:
Infostor: The Leading Source for Enterprise Storage Professionals;
Infrastructure Insite: Bringing IT Together;
Insurance Technology: Business Innovation Powered by Technology;
Integrated Solutions: For Enterprise Content Management;
Intel Premier IT: Sharing Best Practices with the Information Technology Community;
Irwin, Robert, Dangerous Knowledge: Orientalism and Its Discontents;
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McNamara, Patrick, Science and the World's Religions Volume 2: Persons and Groups (Brain, Behavior, and Evolution);
McNamara, Patrick, Science and the World's Religions Volume 3: Religions and Controversies (Brain, Behavior, and Evolution);
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Pitre, Brant, Jesus and the Jewish Roots of the Eucharist: Unlocking the Secrets of the Last Supper;
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Redmond Channel Partner: Driving Success in the Microsoft Partner Community;
Redmond Magazine: The Independent Voice of the Microsoft IT Community;
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SC Magazine: For IT Security Professionals;
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Scholastic Instructor
Scholastic Parent & Child: The Joy of Family Living and Learning;
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Swanston, Malcolm, Mapping History Battles and Campaigns;
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Swiderski, Richard M., Quicksilver: A History of the Use, Lore, and Effects of Mercury;
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Tech Briefs: Engineering Solutions for Design & Manufacturing;
Tech Net: The Microsoft Journal for IT Professionals;
Tech Partner: Gain a Competitive Edge Through Solutions Providers;
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Tenet, George, At the Center of the Storm: The CIA During America's Time of Crisis;
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VAR Business: Strategic Insight for Technology Integrators:
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Virtualization Review: Powering the New IT Generation;
Visual Studio: Enterprise Solutions for .Net Development;
VON Magazine: Voice, Video & Vision;
Wall Street Technology: Business Innovation Powered by Technology;
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A tax on toilet paper; I kid you not. According to the sponsor, "the Water Protection and Reinvestment Act will be financed broadly by small fees on such things as . . . products disposed of in waste water." Congress wants to tax what you do in the privacy of your bathroom.