AP
"Democratic officials say President-elect Barack Obama will nominate Sen. Hillary Clinton to be secretary of state on Monday."
http://news.yahoo.com/s/ap/20081130/ap_on_go_pr_wh/obama_cabinet
Saturday, November 29, 2008
Friday, November 28, 2008
Noonan: Turbulence Ahead
"The hundred days are happening now. That's the real headline on President-elect Obama's series of news conferences and his announcements of intended administration policy, such as an economic stimulus package. We don't really have to wait till after the inauguration on Jan. 20 for the new administration to begin. What the Obama transition has become is historically unprecedented. He is filling the vacuum created by a collapsed incumbency and an acute economic crisis. He is moving forward with what looks like a high, if ad hoc, awareness of the delicacy of the situation. He can't seem presumptuous or aggressive: "We only have one president at a time." At the same time he can't hide. The White House exhibits chastened generosity, refusing to snipe, mock or attempt to undermine."
http://online.wsj.com/article/SB122773612620961005.html
http://online.wsj.com/article/SB122773612620961005.html
Thursday, November 27, 2008
Wednesday, November 26, 2008
Tuesday, November 25, 2008
Medvedev Renews Cold War Rhetoric as Russian Ships Arrive in Venezuela
http://www.cbsnews.com/stories/2008/11/24/world/main4631526.shtml?tag=topStory;topStoryHeadline...Washington to watch maneuvers 'very closely'
RUSSIAN ANALYST PREDICTS DECLINE AND BREAKUP OF USA
Source: The Drudge Report
Tue Nov 25 2008 09:04:22
ETA leading Russian political analyst has said the economic turmoil in the United States has confirmed his long-held view that the country is heading for collapse, and will divide into separate parts.
Professor Igor Panarin said in an interview with the respected daily IZVESTIA published on Monday: "The dollar is not secured by anything. The country's foreign debt has grown like an avalanche, even though in the early 1980s there was no debt. By 1998, when I first made my prediction, it had exceeded $2 trillion. Now it is more than 11 trillion. This is a pyramid that can only collapse."
The paper said Panarin's dire predictions for the U.S. economy, initially made at an international conference in Australia 10 years ago at a time when the economy appeared strong, have been given more credence by this year's events.
When asked when the U.S. economy would collapse, Panarin said: "It is already collapsing. Due to the financial crisis, three of the largest and oldest five banks on Wall Street have already ceased to exist, and two are barely surviving. Their losses are the biggest in history. Now what we will see is a change in the regulatory system on a global financial scale: America will no longer be the world's financial regulator."
When asked who would replace the U.S. in regulating world markets, he said: "Two countries could assume this role: China, with its vast reserves, and Russia, which could play the role of a regulator in Eurasia."
Asked why he expected the U.S. to break up into separate parts, he said: "A whole range of reasons. Firstly, the financial problems in the U.S. will get worse. Millions of citizens there have lost their savings. Prices and unemployment are on the rise. General Motors and Ford are on the verge of collapse, and this means that whole cities will be left without work. Governors are already insistently demanding money from the federal center. Dissatisfaction is growing, and at the moment it is only being held back by the elections and the hope that Obama can work miracles. But by spring, it will be clear that there are no miracles."
He also cited the "vulnerable political setup", "lack of unified national laws", and "divisions among the elite, which have become clear in these crisis conditions."
He predicted that the U.S. will break up into six parts - the Pacific coast, with its growing Chinese population; the South, with its Hispanics; Texas, where independence movements are on the rise; the Atlantic coast, with its distinct and separate mentality; five of the poorer central states with their large Native American populations; and the northern states, where the influence from Canada is strong.
He even suggested that "we could claim Alaska - it was only granted on lease, after all."
Panarin, 60, is a professor at the Diplomatic Academy of the Russian Ministry of Foreign Affairs, and has authored several books on information warfare. Developing...
Tue Nov 25 2008 09:04:22
ETA leading Russian political analyst has said the economic turmoil in the United States has confirmed his long-held view that the country is heading for collapse, and will divide into separate parts.
Professor Igor Panarin said in an interview with the respected daily IZVESTIA published on Monday: "The dollar is not secured by anything. The country's foreign debt has grown like an avalanche, even though in the early 1980s there was no debt. By 1998, when I first made my prediction, it had exceeded $2 trillion. Now it is more than 11 trillion. This is a pyramid that can only collapse."
The paper said Panarin's dire predictions for the U.S. economy, initially made at an international conference in Australia 10 years ago at a time when the economy appeared strong, have been given more credence by this year's events.
When asked when the U.S. economy would collapse, Panarin said: "It is already collapsing. Due to the financial crisis, three of the largest and oldest five banks on Wall Street have already ceased to exist, and two are barely surviving. Their losses are the biggest in history. Now what we will see is a change in the regulatory system on a global financial scale: America will no longer be the world's financial regulator."
When asked who would replace the U.S. in regulating world markets, he said: "Two countries could assume this role: China, with its vast reserves, and Russia, which could play the role of a regulator in Eurasia."
Asked why he expected the U.S. to break up into separate parts, he said: "A whole range of reasons. Firstly, the financial problems in the U.S. will get worse. Millions of citizens there have lost their savings. Prices and unemployment are on the rise. General Motors and Ford are on the verge of collapse, and this means that whole cities will be left without work. Governors are already insistently demanding money from the federal center. Dissatisfaction is growing, and at the moment it is only being held back by the elections and the hope that Obama can work miracles. But by spring, it will be clear that there are no miracles."
He also cited the "vulnerable political setup", "lack of unified national laws", and "divisions among the elite, which have become clear in these crisis conditions."
He predicted that the U.S. will break up into six parts - the Pacific coast, with its growing Chinese population; the South, with its Hispanics; Texas, where independence movements are on the rise; the Atlantic coast, with its distinct and separate mentality; five of the poorer central states with their large Native American populations; and the northern states, where the influence from Canada is strong.
He even suggested that "we could claim Alaska - it was only granted on lease, after all."
Panarin, 60, is a professor at the Diplomatic Academy of the Russian Ministry of Foreign Affairs, and has authored several books on information warfare. Developing...
Monday, November 24, 2008
Rush: Obama's plans scare "the hell out of me"
From the November 24 Rush Limbaugh Show:"The Messiah returns, and blesses the nation with a huge deficit, collectivism, and thousands of new government employees. Do you people still want to argue that he's going to govern from the center? This is FDR II."
Pearl of Wisdom: "Obama isn't going to give the Big Three automakers the bailout money until they do what he wants. That's not in the Constitution. The president of the United States does not and shouldn't have that kind of power. We're surrendering it left and right; corporately, privately, and independently. It scares the hell out of me."
Pearl of Wisdom: "Everybody's trying to micromanage this economic trouble. If they'd just get out of the way and let the market handle it, yeah, there would be a lot of pain, but there's going to be anyway. Obama's policies are only going to prolong it."
Sunday, November 23, 2008
Obama aide promotes job plan, warns automakers
AP
"President-elect Barack Obama signaled Sunday he will move urgently and aggressively to rescue the plunging economy, demanding swift passage by Congress of a massive two-year spending and tax-cutting recovery program. "We're out with the dithering, we're in with a bang," a top Obama aide said.
Obama's plans, outlined by his transition team on television talk shows, could put aside his campaign pledge to repeal a Bush tax cut for the wealthy. With the downturn in the economy, those tax cuts may remain in place until they are scheduled to die in 2011, said William M. Daley, an economic adviser. "That looks more likely than not," he said."
http://news.yahoo.com/s/ap/20081124/ap_on_bi_ge/obama_economy
"President-elect Barack Obama signaled Sunday he will move urgently and aggressively to rescue the plunging economy, demanding swift passage by Congress of a massive two-year spending and tax-cutting recovery program. "We're out with the dithering, we're in with a bang," a top Obama aide said.
Obama's plans, outlined by his transition team on television talk shows, could put aside his campaign pledge to repeal a Bush tax cut for the wealthy. With the downturn in the economy, those tax cuts may remain in place until they are scheduled to die in 2011, said William M. Daley, an economic adviser. "That looks more likely than not," he said."
http://news.yahoo.com/s/ap/20081124/ap_on_bi_ge/obama_economy
Worst of financial crisis yet to come: IMF chief economist
AFP
"The IMF's chief economist has warned that the global financial crisis is set to worsen and that the situation will not improve until 2010, a report said Saturday."
http://www.breitbart.com/article.php?id=081122230427.xqkurulg&show_article=1
"The IMF's chief economist has warned that the global financial crisis is set to worsen and that the situation will not improve until 2010, a report said Saturday."
http://www.breitbart.com/article.php?id=081122230427.xqkurulg&show_article=1
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