Obama to ignore law again & not deport illegal aliens

By Stephen Dinan (Washington Times):  The Homeland Security Department said Thursday it will halt deportation proceedings on a case-by-case basis against illegal immigrants who meet certain criteria such as attending school, having family in the military or are primarily responsible for other family members’ care.

The move, announced in letters to Congress, won immediate praise from Hispanic activists and Democrats who had chided President Obama for months for the pace of deportations and had argued he had authority to exempt broad swaths of illegal immigrants from deportation.

“Today’s announcement shows that this president is willing to put muscle behind his words and to use his power to intervene when the lives of good people are being ruined by bad laws,” said Rep. Luis V. Gutierrez, Illinois Democrat.

Read more at the Washington Times HERE.

The Deflationary M2 Explosion

By Larry Kudlow (NRO):  Amidst the financial flight-wave to safety, with stocks plunging, gold soaring, and Treasury bond rates collapsing — and all the European banking fears which go with that — there’s an important sub-theme developing: An almost-forgotten monetary indicator, M2, which is mostly cash, demand-deposit checking accounts, savings deposits, and retail money-market funds, has been soaring.

According to the St. Louis Fed, M2 is up 24.2 percent at an annual rate over the past two months. Almost out of the blue, that comes to a near $500 billion increase. In rough terms, the M2 explosion breaks down to $165 billion in demand deposits and $335 billion in savings deposits.

What’s going on here? There’s a flight to government-guaranteed accounts. Some people believe Europeans are withdrawing from their own banking system and parking their money in the U.S. banking system, guaranteed by Uncle Sam. Kelly Evans reports in her Wall Street Journal column of a $30 billion outflow from equity mutual funds that has probably gone into cash.

This is a very disconcerting development. Normally, big M2 growth would signal a faster economy, and maybe even higher inflation. But as economist Michael Darda points out, the velocity, or turnover, of money seems to be plunging.

“The recent pickup in broad money in the U.S. looks like a dash for risk-free cash assets,” writes Darda. He also notes that widening corporate-credit risk spreads and shrinking government-bond rates signal a recession risk, not a coming boom.

So contrary to monetarist theory, the M2 explosion seems more closely related to a deflation/recession risk. Economist-blogger Scott Grannis writes, “The recent growth of M2 surpasses even the explosive safe-haven demand for money that accompanied 9/11 and the financial crisis of late 2008. Something big is going on, and it can only be the financial panic that is sweeping Europe as money flees a banking system that is loaded to the gills with PIIGS debt.”

Grannis concludes, “In short, it looks like there is a run on the European banks and the U.S. banking system is the safe-haven of choice.”

Read more at National Review Online HERE.

Christine O’Donnell Walks Off Piers Morgan Interview

In a bizarre incident, former Delaware GOP Senate candidate Christine O’Donnell today walked out of the taping of an interview for CNN’s Piers Morgan Tonight, which is set to air tonight. The tipping point was Morgan’s question about her stance on gay marriage. (By that point, he had already quizzed her on witchcraft and sex with the tension between the two visibly escalating, especially when Morgan repeatedly asked O’Donnell to address old comments about masturbation she had made in an 1990s MTV documentary special.) “You’re being a little rude,” she told him several times before asking her handlers “Are we done?” and taking off her microphone. But not before schooling Morgan on conducting interviews: “Don’t you think as a host if I say ‘This what I wanna talk about’, that’s what we should address?” O’Donnell was on the show promoting her book Troublemaker. “My first ever walk-out in 25 years of interviews,” Morgan wrote on Twitter. “I guess viewers can decide if I was ‘rude’ or not tonight.” Here is the video, judge for yourselves. UPDATE: After airing the unfinished interview on his show tonight, Morgan invited O’Donnell to return tomorrow and promised not to be rude.

Read More at Deadline.com By Nellie Andreeva, Deadline

Poll: Tea party less popular than Muslims, atheists

Being a tea party member is no cup of tea.

According to a recent New York Times/CBS survey, tea party members are less popular than atheists, Muslims, Republicans, Democrats, and 21 other groups. The movement has lost 20 percent of its supporters and gained 40 percent more opponents, according to the poll. Another NYT/CBS poll published earlier this month revealed that the tea party’s unfavorable rating had increased 29 percent since April.

According to the Times, the tea party is catching up to the Christian Right’s low popularity. Times writers David E. Campbell and Robert D. Putnam present possible justifications for this, stating that the tea party’s mixing of politics and religion simply doesn’t appeal to the majority of Americans. Citing Texas Governor Rick Perry’s prayer rally and Minnesota Congresswoman Michele Bachmann’s “lengthy prayers at campaign stops,” the story claims pro-tea party folks are becoming “increasingly out of step with most Americans, even many Republicans.”

“Yet it is precisely this infusion of religion into politics that most Americans increasingly oppose,” the authors wrote. “While over the last five years Americans have become slightly more conservative economically, they have swung even further in opposition to mingling religion and politics. It thus makes sense that the Tea Party ranks alongside the Christian Right in unpopularity.”

Read More at the Daily Caller  By Laura Donovan, The Daily Caller

Florida GOP: Bachmann’s decision to skip straw poll a ‘bad move’

 

Rep. Michele Bachmann’s meteoric rise to front-runner status in the Republican presidential hunt will not take her to the Presidency 5 Straw Poll event in Florida in September. Though Bachmann will participate in a Fox News debate just days earlier, the decision to skip the Sunshine State’s straw poll has Floridians scratching their heads.

Florida-based media consultant Rick Wilson told The Daily Caller, “If you’re ready for prime-time, you’ll be at Presidency 5. If not, well, good luck with that whole regional campaign thing.”

And Brian Hughes, Communications Director for the Republican Party of Florida (RPOF), flat-out called Bachmann’s decision a “bad move.”

When news broke about her decision to skip the event, there was speculation that fresh out of Ames, Iowa, the Bachmann campaign just didn’t have the resources to pull off another straw-poll event.

Hughes doesn’t buy it.

The straw poll, which takes place September 22-24 in Orlando, will poll votes from 3,500 delegates who were chosen in advance. Unlike with the Iowa event, participating in the Presidency 5 poll requires no massive logistical efforts or financial outlays.

Read More at the Daily Caller By Amanda Carey, The Daily Caller

In Wake of Debt Ceiling Crisis, CNN’s Fareed Zakaria Wants to Scrap Constitution

By Joe Miller.  Fareed Zakaria, the Indian-born CNN commentator, has suggested that because of the debt ceiling crisis, the U.S. Constitution should be scrapped in favor of a European-style of parliamentary governance.  In his August 17 column, “Does America Need a Prime Minister,” he writes:

“After the S&P downgrade of the United States, no country with a presidential system has a triple-A rating from all three major ratings agencies.  Only countries with parliamentary systems have that honor (with the possible exception of France, which has a parliament and prime minister as well as an empowered president).”

Zakaria goes on to complain that, in the American system of governance,

“you have the presidency and the legislature, both of which claim to speak for the people. As a result, you always have a contest over basic legitimacy. Who is actually speaking for and representing the people?”

He hits it on the head that this leads to a weakened form of government:

“In America today, we take this struggle to an extreme. We have one party in one house of the legislature claiming to speak for the people because theirs was the most recent electoral victory.  And you have the president who claims a broader mandate as the only person elected by all the people.  These irresolvable claims invite struggle.”

Zakaria begrudgingly admits that these “checks and balances have been very useful on occasion.”  But he insists that our world requires stronger central governments “that are able to respond decisively and quickly.  In a fast-moving world, paralysis is dangerous.”  He warns that our supposedly weak and indecisive government has caused other countries to “catch-up” and “over-take” the US.

This, of course, is ridiculous.  Our lack of competitiveness is a consequence of dependency and overregulation bred by the domestic growth of European-like socialism.  Our entitlement state has been built to its gargantuan size not by the weak federal government originally intended by our Founders but by the collusion of the establishment parties who don’t give a damn about the Constitution.

The fact that we have a debt crisis is a result of DC’s addiction to bigger and bigger government and away from the limits imposed by the Constitution.

American Exceptionalism is under broad attack from many quarters.  Zakaria’s championing of a system of government, similar to his native India’s parliament, reflects his fundamental misunderstanding of the origins of this nation, the Founders’ fear of central governments, and the deliberate design of the intracompetitive tripartite government established by the Constitution.  Not to mention his complete misapprehension of the cause of the debt ceiling crisis.

Mr. Zakaria, we need anything but a stronger federal government.  Americans want to be freed from their regulatory overlords to compete in and once again dominate the world markets.   They recognize that stronger, more cohesive government is not the answer; it’s the genesis of the current crisis and a certain catalyst to tyranny.

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For real time updates, follow Joe on TWITTER by clicking HERE.

 

Read the full commentary at WND HERE.

Joe Miller Wears the Waders of a Legal Fisherman

By Thomas Lamb (Red County): Last week, the saga of Senator Murkowski’s ex-aide Arne Fuglvog came to a close when Fuglvog had his day in court: Alaskan fisheries adviser guilty of $100,000 in illegal fishing.

It’s too bad the reporters in the media still have not mentioned the documents obtained through a FOIA request that show Fuglvog was fined in 2005 for fishing illegally.

And it’s too bad that Alaskans have to pay for the sins of the media’s bias by having a sitting senator that is not worthy of being a senator in Alaska.

It is unfortunate that Alaskans were fed asinine stories about Joe Miller’s legal fishing license when a sitting senator had an adviser that was a crook who stole fish – make that poached fish from Alaskans.

The hypocrisy of Lisa Murkowski is great in that she accused Joe Miller of being a poacher and not-fit-to-be an Alaskan senator while she supported a true poacher.

When the Democrats accused Murkowski of lying, many of us already knew that – but has she confessed to those sins?

Don’t hold your breath.

Moreover, the saga surrounding  Fuglvog supporting Murkowski has its roots in Alaskans Standing Together.


Read more at RED COUNTY HERE.

Video: Trump Lets Loose on Obama

Trump tells FoxNews, “this man takes more vacations than any human being I’ve ever seen.” We hear he will present a jobs package after he emerges from the billionaires enclave of Martha’s Vineyard next month.

 

China Examines U.S. Helicopter, Because Obama Trusts Pakistan

Last May I wrote the Pakistanis cannot be trusted. I hate being right about Pakistan.

The Pakistani government views China as a better ally than the unstable United States under Barack Obama, and their relationship with us has deteriorated since the killing of Osama bin Laden. They were upset about not being allowed to warn the al-Qaeda leader about the planned raid on his compound as they clearly did in 1998, before the retaliatory cruise missile attacks for the U.S. embassy attacks in Africa.

During the raid that killed bin Laden, the United States lost a stealth helicopter modeled after the MH-60 Blackhawk. Its exterior was modified to reduce its radar signature, and its engines and blades were developed to reduce noise, making this platform a perfect infiltration machine. Unfortunately, during its landing the helicopter’s tail struck a fence, forcing it to crash. With no chance of carrying the ship’s remaining secrets away, explosives were used to render the wreckage components useless.

Embarrassed and angry at not being informed of the raid beforehand, the Pakistanis threatened to grant China access to the remains of the helicopter. Despite the Obama administration’s request not to do so, they did anyway. As reported by the Financial Times, an anonymous U.S. Intelligence Official said, “The U.S. now has information that Pakistan, particularly the ISI (Inter-Services Intelligence) gave access to the Chinese military to the downed helicopter in Abbottabad.”

The administration thought they had won a diplomatic victory when Sen. John Kerry went to Pakistan to grovel before the Pakistanis, begging to get the helicopter back. It was reported that the highly photographed tail portion was sent back, but as always, it’s difficult to believe Barack Obama about anything. There was enough left behind to sell to the highest bidder.

Read More at Floyd Reports  By Jim Emerson, Floyd Reports