Insanity: Nearly Bankrupt US Lends Brazil $105 Million for … an Aquarium

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The U.S. Export-Import Bank, an agency of the federal government, is lending $105 million to the Brazilian state of Ceara to help build an aquarium in its capital city of Fortaleza.

“An anticipated tourist attraction, the aquarium will boast four floors housing 25 large tanks containing approximately 15 million liters of water and showcasing 500 marine species and 35,000 individual specimens,” the Export-Import Bank said in a press release.

“The aquarium will also feature interactive exhibits, two 4D cinemas, one 3D cinema, and an educational platform dedicated to the research and preservation of aquatic life along the Brazilian coastal regions,” said the U.S.-government-controlled bank. “When completed, Acquario will rank as the largest aquarium in the Southern Hemisphere and the third largest in the world.”

The bank says the $105 million loan for the project will “finance the export of American good and services” for construction of the aquarium.

In May, President Barack Obama signed legislation to reauthorize the Export-Import Bank through fiscal 2014, increasing its financing authority from $100 billion to $140 billion.

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Many Freed Illegal Alien Criminals Avoid Deportation, Strike Again

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Qian Wu thought the man who brutally attacked her was gone forever. She was sure that Huang Chen, a Chinese citizen who slipped into America on a ship and stayed in the country illegally, would be deported as soon as he got out of jail for choking, punching, and pointing a knife at her in 2006.

But China refused to take Chen back. So, after jailing Chen on and off for three years in Texas, immigration officials believed they were out of options and did what they have done with thousands of criminals like him.

They quietly let him go.

Nobody warned Wu, or prosecutors, or the public. The petite, 46-year-old woman learned Chen was still here when he stormed into her unlocked apartment one day in January 2010 and announced, “I bet you didn’t expect to see me.” Terrified, she called the police, and he fled. But for two weeks, Chen was free to stalk her and finally, to catch her as she hurried home with milk and bread one afternoon.

Chen then finished what he had started earlier, bashing Wu on the head with a hammer and slashing her with a knife. As she lay crumpled in a grimy stairwell, he ripped out her heart and a lung and fled with his macabre trophies…

Wu is just one casualty of an immigration system cloaked in a blanket of secrecy that the Founding Fathers could not have imagined, a blanket that isn’t lifted even when life is at risk. Immigration and Customs Enforcement and its sister agencies have emerged as the largest law enforcement network in the United States since the Sept. 11 terror attacks, and they are increasingly dealing with criminals, but they play by very different rules than the local police, prosecutors, or even the FBI.

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Navy SEAL Killed in Rescue of American Doctor in Afghanistan

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photo credit: usnavy

A U.S. Navy SEAL was killed early Sunday in the rescue of an American doctor who was kidnapped by the Taliban in Afghanistan, defense officials tell NBC News.

The Navy SEAL was wounded in the rescue operation and later died, according to a senior defense official.

The rescue operation was launched when coalition forces reported that Dr. Dilip Joseph was in imminent danger. Joseph, who worked with the non-profit Morning Star Development of Colorado Springs, was kidnapped Wednesday along with two Afghan staff members — one is part of the medical team, the other part of the support team. Joseph has been the non-profit’s medical adviser for three years.

Morning Star said the team of three had been returning from a visit to one of its rural medical clinics when the kidnappers stopped their vehicle. The three were then taken to a mountainous area about 50 miles from the Pakistan border, Morning Star said.

Contact between the hostages, their captors and the non-profit’s crisis management team started immediately, according to a statement on Morning Star’s website. On Saturday evening, two of the hostages were released. The two men then made their way out of the area and were taken to a police station.

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The Federal Government Now Borrowing 46 Cents Out of Every Dollar It Spends

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photo credit: david gaines

After all of his seemingly endless campaign stops and harsh rhetoric about the rich not paying “their fair share,” it turns out that the president’s proposed tax hikes on “the rich” will only raise enough revenue to run the government for about eight days. But that doesn’t really matter, of course, because it’s all about “fairness.” In other words, if Washington lawmakers are serious about reducing the federal deficit — as they claim to be — the real solution is that they must stop borrowing and spending money we don’t have. We cannot carry on like this indefinitely:

The federal government borrowed 46 cents of every dollar it has spent so far in fiscal year 2013, which began Oct. 1, according to the latest data the Congressional Budget Office released Friday.

The government notched a $172 billion deficit in November, and is already nearly $300 billion in the hole through the first two months of fiscal year 2013, underscoring just how deep the government’s budget problems are as lawmakers try to negotiate a year-end deal to avoid a budgetary “fiscal cliff.”

Higher spending on mandatory items such as Social Security, Medicare and interest on the debt led the way in boosting spending compared with the previous year, which also highlights the trouble spots Congress and President Obama are struggling to grapple with.

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North Korea Extends Rocket Launch Period Over ‘Prospect of Dialogue’

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SEOUL, South Korea (AP) — North Korea on Monday extended the launch period for a controversial long-range rocket by another week until Dec. 29, citing technical problems.

An unidentified spokesman for the North’s Korean Committee of Space Technology told state media that scientists found a “technical deficiency in the first-stage control engine module of the rocket.” The statement didn’t elaborate but said technicians were “pushing forward” with final preparations for the launch.

North Korea is making its second attempt of the year to launch a rocket that the United Nations, Washington, Seoul and others call a cover meant to test technology for missiles that could be used to strike the United States. They have warned North Korea to cancel the launch or face a new wave of sanctions.

The North Koreans call the launch a peaceful bid to advance their space program, and a last wish of late leader Kim Jong Il, who died a year ago, on Dec. 17. North Korea is also celebrating the centennial this year of the birth of national founder Kim Il Sung, current leader Kim Jong Un’s grandfather. An April launch broke apart seconds after liftoff.

The announcement of the planned rocket launch has sparked worry because of the timing: South Korea and Japan hold key elections this month, President Barack Obama begins his second term in January, and China has just formed a new leadership.

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Boehner Blasted Over GOP Purge

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Given everything on his plate, you wouldn’t expect John Boehner to face an uproar over the likes of Justin Amash and Tim Huelskamp . . .

But many on the right are furious with the House speaker for purging them and two other conservative Republicans from key committee assignments. That may be inside baseball, but these folks are keeping score.

Boehner was retaliating—there’s no other word for it—against the lawmakers for repeatedly voting against the GOP leadership. He served notice at a closed-door meeting that rank-and-file votes are being “watched” by his team, according to The Hill . . .

Erick Erickson, the influential RedState blogger and CNN commentator, sounds supremely frustrated: “Conservatives are either going to hang together or separately. Right now they are getting played because Boehner, McConnell, and the like are sure the conservative movement has become a paper tiger. And, to be honest, conservatives have shown them this is true.”

What conservatives need to do, he says, is pump money and field challengers against establishment candidates: “Either start blowing stuff up or shut up.”

Read full story HERE.

US-Egyptian Christians Fear for Faith Under Morsi’s Islamist Agenda (+video)

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photo credit: argenberg

It seems like every Sunday, there’s a new face sitting in the pews of the Church of Saint Verena and the Three Holy Youth in Orange, Calif. Most are young professionals or families with small children and some have been living in the United States for a just few weeks.

“The first waves of immigration,” said Bishop Serapion of the Coptic Diocese of Los Angeles, Southern California and Hawaii.

These worshippers are Egyptian Christians, better known as Copts. Their church is Coptic Orthodox, the largest Christian church in Egypt and the Middle East with services similar to other Christian faiths. They perform sacraments like the Catholics and recite prayers many faithful Americans would recognize, including “Our Father” and “Hail Mary.” Mass is spoken in a mix of English, Arabic and the ancient Coptic language.

“We are Christians,” said Bishop Serapion. “We believe in the Holy Bible as the word of God.”

While small, the Coptic Christian population in the United States has been growing since the 1950s, particularly in Southern California, New York and New Jersey. But since the Arab Spring began in early 2011, Department of Homeland Security figures show the number of Egyptians seeking asylum has doubled. Unofficial estimates are that 100,000 Egyptians have so far sought refuge in the U.S. Many of them are believed to be Copts but there are no official statistics on their numbers.

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Chinese Investors Take 80% Stake in AIG Aircraft Leasing Unit

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American International Group agreed Monday to sell an 80.1% stake in its giant aircraft leasing business to a group of Chinese investors.

The investor group, which includes New China Trust, China Aviation Industrial Fund and P3 Investments, will pay $4.23 billion to acquire the stake in AIG’s International Lease Finance Corporation. The deal includes an option for the investors to purchase an additional 9.9% stake.

The acquisition is part of AIG’s (AIG, Fortune 500) drive to sell non-core assets, a strategy designed to help the insurance company emerge from the financial crisis, during which it required a government bailout, as a leaner business.

If the option to expand the purchase to 90% of ILFC is exercised, the investor group will grow to include New China Life Insurance and an investment arm of ICBC International.

ICBC International is a Hong Kong-based subsidiary of the Industrial and Commercial Bank of China — a state-owned enterprise and one of the largest banks in the world.

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Marriage and Self-Government

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On Friday afternoon, the Supreme Court announced that it will hear arguments in two cases that are at the center of the same-sex-marriage controversy. One concerns the power of people in the states to govern themselves on the question, the other the complementary power of Congress to define “marriage” for purposes of federal law.

At issue in both cases is whether courts should even be hearing them, because there are knotty questions of standing (and also of what should happen to lower-court rulings if the Court rules that parties did not have standing). If the Court does reach the merits in these cases, it should find its way toward a defense of the right of republican self-government.

In Hollingsworth v. Perry, the justices will consider the constitutionality of Proposition 8, an amendment to the California constitution affirming that marriage is the union of a man and a woman. The people of the state passed it by referendum in 2008, shortly after the state supreme court ruled that the state constitution, unbeknownst to anyone until then, required official recognition of same-sex marriage. In the federal lawsuit that followed, Judge Vaughn Walker of the U.S. district court in San Francisco conducted a sort of show trial, ignoring all relevant precedents in holding that the protection of conjugal marriage rests on irrational bigotry.

This decision went too far even for a Ninth Circuit panel led by the oft-reversed Judge Stephen Reinhardt. The appeals court affirmed Judge Walker’s decision but did not imitate his reasoning, holding instead that, having recognized same-sex marriage, California could have had no rational basis for changing its mind.

The Supreme Court should reverse these lower-court rulings, and straightforwardly affirm the right of the people in any state to act, constitutionally or legislatively, to adopt the traditional view of marriage as a relationship oriented toward procreation. The justices need not themselves hold that view — they may consider it outmoded or rationally inferior to a conception of marriage that treats it first and foremost as an emotional union of adults — to see that the Constitution erects no barrier to it, and that states therefore have the freedom to act on it.

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Obama’s Money Plans Backed by Communists

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The Communist Party USA is backing Barack Obama’s position on the coming fiscal cliff, and claims its economic program “will unfold in the coming year” with the reelection of Obama and continued Democrat control of the U.S. Senate.

The statement came from Joelle Fishman, chairwoman of the Connecticut Communist Party, during a recent conference call on the upcoming fiscal cliff.

The conference call titled, “Don’t Bargain with People’s Lives” featured an economic report by CPUSA national vice-chair Jarvis Tanner, who said Obama’s demands in the fiscal cliff debate are exactly what the country needs.

Republicans have said any revenue increases must be accompanied by spending cuts. However, Obama has countered by saying he wants Congress to raise taxes more, extend unemployment benefits beyond the current 99 week limit, pass an additional $50 billion in stimulus spending, and grant him authority to raise the debt limit whenever he wants.

Tanner says the president’s position shows that unlike the Republicans, he is making a “serious proposal” and he is backing Obama’s proposals.

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