A Different Member of the Keating 5 Introduces the Boss at Obama Rally

October 6th, 2008

A Different Member of the Keating 5 Introduces the Boss at Obama Rally

“You don’t get introduced by John Glenn every day,” Bruce Springsteen said yesterday at an Obama get-out-the-vote rally at Ohio State University, as reported by the Columbus Dispatch.

Former Sen. John Glenn, D-Ohio, was — along with Sen. John McCain, R-Ariz. — one of the Keating Five, the handful of senators who met with federal regulators to urge them to ease up on the savings and loan owned by contributor Charles Keating.

Hours after Glenn introduced the Boss at the Obama rally, the Obama campaign launched a campaign attacking McCain for his Keating Five activities. They made no mention of Mr. Glenn.

In fact, it’s likely that McCain was only kept in the [Keating] case because to have removed him from it would have meant only Democrats would have been involved. Even the NYT thought so.

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Obama had to know that Ayers was a terrorist - they shared a stage in 1997

October 6th, 2008

… an unrepentant terrorist, at that:

That’s David Axelrod, Obama’s chief strategist, claiming that Obama did not know that Bill Ayers was a domestic terrorist.

Erik Erikson spells it out, In 1996, Media Coverage of Bill Ayers Was Too Extensive to Believe Obama Did Not Know Who Ayers Was

Barack Obama, at Bill Ayers’ behest, began work in 1995 at the Chicago Annenberg Challenge.

Go read all the details, but here’s a money quote for you,

[In 1996] At the height of this exposure, major media outlets were quoting Bill Ayers and pointing out his radical past.

Axelrod would have you believe that Obama doesn’t read newspapers.

Obama is a straight up liar, and people are falling all over themselves to put him into the oval office.

Erik asks, “Are we really going to give this guy a pass by believing he did not know?”

If you leave it up to the media, the answer is, Yes.

Bonus
Via LGF linkreader, this 1997 article in the University of Chicago Chronicle specifically states that Ayers was to speak on juvenile justice on November 20, 1997, and

Ayers will be joined by Sen. Barack Obama, Senior Lecturer in the Law School, who is working to combat legislation that would put more juvenile offenders into the adult system

I wonder what Axelrod has to say about it.
UPDATE Jawa posted another Ayers & Obama event in 2002

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Should America Bail Out AIG’s ‘Sharia’ Finance?

October 6th, 2008

Should America Bail Out ‘Sharia’ Finance?

On September 17, 2008, the U.S. News and World Report magazine reported on how the “Federal Reserve extended an $85 billion loan to American International Group to be paid back as AIG sells off some business in the biggest government takeover so far in the ongoing credit crisis.” What the American public hasn’t seen yet is what AIG is going to sell off in terms of its business. According to the September 16, 2008 press release by the Federal Reserve on this bailout, the “U.S. government will receive a 79.9 percent equity interest in AIG and has the right to veto the payment of dividends to common and preferred shareholders.”

But while the U.S. taxpayers are loaning money to AIG and the U.S. holds a nearly 80% equity interest in AIG, no one in the government seems concerned that AIG is continuing to expand its Sharia finance business. Less than a week after the government bailout of AIG, Reuters reported on how AIG’s unit American International Assurance Co (AIA) was awarded an “international takaful (Islamic insurance) license” by the Malaysian government. AIG’s American International has been selling Sharia-based “Islamic insurance” for at least two years, through its AIG Takaful division, since its October 1, 2006 announcement, with a stated goal to sell such Sharia financial instruments in the United States. AIG SunAmerica, AIG Financial Services Corp, and other divisions of AIG also are dealers in Sharia mutual trusts.

The day before the AIG bailout was being announced, the Center for Security Policy’s (CSP) Frank Gaffney published his concerns about this growing financial institutional problem of “Shariah-Compliant Finance (SCF)” in an article entitled “Into the Fire.” In his article, Mr. Gaffney references David Yerushalmi’s study “Sharia’s Black Box: Civil Liability and Criminal: Exposure Surrounding Shari’ah-Compliant Finance,” which details the lack of financial transparency inherent in Sharia finance, and how such lack of transparency could lead to financial institutions being used to support terrorism and reverse money laundering. Moreover, as Mr. Gaffney, the current financial crisis will allow Islamist nations to buy “up engines of our capital markets for pennies on the dollar,” and "[w]orse yet, they are, in the process, putting themselves in a position to promote Shariah-Compliant Finance and the seditious theo-political agenda it serves.”

Sharia finance is not just “business.” Sharia finance exists to promote an expansionist, supremacist ideology; it is not merely “business,” but is “business with an agenda.” As I addressed in my November 14, 2007 article “Dow Jones, Wall Street Journal, and Islamist Financing,” organizations promoting Sharia finance have employed individuals such as former Dow Jones’ advisor Mufti Muhammad Taqi Usmani, who have called for Jihad. As Alex Alexiev has stated, “far from being an innocent venture in free market capitalism, Islamic finance was conceived and is practiced as one of the key instruments of the militant Islamist movement in its struggle against the West." As reported by Alex Alexiev, Alyssa A. Lappen, Lt. Col. Jonathan D. Halevi, and others, Shariah finance zakat can be used to promote Jihad warfare. As addressed by Allyson Rowen Taylor and others, Sharia finance is anything but simply “business,” as has been addressed in multiple articles on this subject.

Go read the rest.

Bonus reading, via Center for Security Policy:
AIG Sharia compliance certificate
Harvard goes Halal
The Risky Business Of Islamic Finance
Sharia showdown on Wall Street
and last but not least, Takaful presentation.

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The second Monday in October Carnival of Latin America and the Caribbean

October 6th, 2008

Welcome to the Carnival of Latin America and the Caribbean. If you would like your links included, please email me: faustaw2 “at” gmail “dot” com.

This week’s top story:
Two seeminly unrelated Venezuelan news stories,
First, Student opposition leader gunned down in Venezuela

Venezuelan authorities are investigating the fatal shooting of a student leader who helped organize protests against constitutional amendments proposed by President Hugo Chavez.

Julio Soto, a student leader at the University of Zulia, was killed Wednesday by unidentified gunmen in the western city of Maracaibo.

Local Police Chief Jose Gonzalez said he believes Soto was specifically targeted because the assailants sprayed his vehicle with gunfire and then fled without taking anything.

But Justice Minister Tarek El Aissami said federal authorities have not yet determined if the killing was a politically motivated hit.

Soto was a member of the Copei opposition party. Voters rejected Chavez’s proposed reforms in December.

Hugo Chávez has ordered authorities to quickly solve the murder

Education Minister Hector Navarro told Venezuela’s state news agency on Thursday that Chávez wants police to catch those who killed Julio Soto “as soon as possible.”

In the second item, former Defense Minister Gen. Raúl Baduel, who was instrumental in defeating Chávez constitutional reforms last December, was detained by the authorities on Friday and is now barred from leaving the country:

Rafael Tosta, a lawyer for Mr. Baduel, who was released Friday night, said his client was also required to appear before a military tribunal every 15 days and was prohibited from publicly commenting on the accusations, which revolve around $14.5 million in missing funds.

Mr. Baduel, who helped reinstall Mr. Chávez after a brief coup in 2002, has gone from being a hero of the president’s socialist-inspired revolution to one of its outcasts. Mr. Baduel emerged as one of Mr. Chávez most vocal opponents since resigning as defense minister last year.

Here’s the video of his arrest:

Baduel has been charged with robbery:

Military Attorney, Gen. Ernesto Cedeno, said the former minister has been charged with alleged robbery of National Armed Forces funds and properties during his term of over four years at the helm of the military institution.

In a press conference, Cedeno said the decision was taken in the wake of an investigation stemming from an accusation rather than from political reprisal, as stated by Baduel, who assumed opposition stances after his retirement.

“According to the investigation, there are over $31 billion bolivars missing (about $14.50 million), and out of a sense of justice and honor, he oughts to clear up the situation during his term as Defense minister,” stressed Cedeno.

Baduel was recently shot at while driving his car but managed to get away.

Does this signal a new crackdown on the Venezuelan opposition? Stratfor sees it at attempts to destabilize the opposition:

A few months ago, the loosely organized and previously unpopular opposition parties began making major gains in public opinion as Venezuela’s economy began souring and Chavez’s socialist policies came under fire. With this in mind, Chavez has gone so far as to have the courts ban 272 opposition politicians from running for office, charging them with corruption.

Chavez has also moved to strengthen the central government ahead of the elections, including implementing a series of reforms rejected in the 2006 constitution vote. Most recently, Chavez — with the help of the National Assembly — enacted the Organic Law for the Organization and Management of the Territory, which gives the central government control over local and state-level governments. In doing so, Chavez effectively negates any gains the opposition leaders might achieve if they are able to score seats in the upcoming election.

LATIN AMERICA
Why Did the Chicken Cross Party Lines?

Latin American Economies: Keeping their fingers crossed

Cómo validar nuestra educación en Los Estados Unidos

Hard economic times may just be starting

World War III knocking at our door

ARGENTINA
Las maletas contenian 6 millones de dolares

BOLIVIA
Young Bolivians fight for their regions

The oppositions criticisms of Bolivia’s draft CPE

COLOMBIA
Colombia, U.S. Ally, May Conclude Defense Agreement With Russia

CUBA
Proposed Russian-Cuba-Venezuela Space Cooperation Raises Many Questions

A billboard for shelter

Cuba, FARC may be training guerrillas at Venezuelan camp
Cuban advisors and Colombian rebels are helping train paramilitary fighters, critics and former participants say

Going to hell on a financial handbasketcase: Fidel asesora creación de un nuevo sistema financiero, liderado por Venezuela e Irán Fidel’s an advisor on a new financial system led by Venezuela and Iran (whom, by the way, years ago joined forces to undermine the US dollar).

Rafael Jorrín García, Cuban Political Prisoner of the Week, 10/05/08

ECUADOR
Nature as a Privileged Minority

US Problems Spread to Ecuador’s Dollar Economy

Ecuador’s new constitution: In good faith

USA Backs Russo-Iranian-Soros Cartels running Venezuela and Ecuador; Abandons Honorable Uribe: Throwing Colombia to the Wolves of Deceit

HONDURAS
Protestan contra Ortega a su llegada a Honduras y él se escondió

MEXICO
North America Must Integrate for Trade, Calderon Says

9 bodies found dumped in Mexico

NICARAGUA
Just to make you chuckle a little bit about Nicaragua

Ortega targeting his ex-comrades
With a weakened right-of-center opposition, Nicaragua’s president cracked down on former comrades on the left.

PUERTO RICO
Pork and rum? Rum Tax Break Report False, Says Distilled Spirits Council of the United States

There is confusion over a provision in the current financial rescue package which benefits the rum-producing territories of Puerto Rico and the Virgin Islands. This is not a tax break for rum makers as has been reported in the press and claimed on Capitol Hill.

It is fundamentally a revenue sharing arrangement between the U.S. government and the governments of Puerto Rico and the Virgin Islands, which Congress has voted to extend repeatedly over the last 20 years. Under this provision, the federal government rebates to the governments of Puerto Rico and the Virgin Islands most of the Federal Excise Tax collected on rum imported to the United States.

VENEZUELA
Democrats Shouldn’t Coddle Chávez
The prospect of a nuclear Venezuela should be enough to unite allegiances in Washington.

Liberal fascism in Venezuela

Caracas, murder capital of the world

Student opposition leader gunned down in Venezuela

Via IBD blog, Venezuelan town ruled by Colombian guerrillas

Venezuela, France mull nuclear energy deal As IBD blog commented,

Well, why not? /s The U.S. is sending loud signals it doesn’t care about Russian nuclear proliferation in the Caribbean, so the French are taking the cue that this is a ‘for sale’ sign. Or maybe something more negative is going on. France also says it wants Hugo Chavez, that glorious mediator to FARC (who was found to have used FARC contacts not to mediate but funnel cash and arms to the terrorists) now will mediate between the West and Iran. Wonder what he will funnel now? This is insane. Do the French never learn?

The South American nuclear genie

Venezolano con carné: the latest on the “valija gate”

How quickly does Hugo Chavez forget his fake beliefs in democracy or Venezuela, a democracy no more!

AMERICAN POLITICS
Via LGF Linkviewer, William Ayers and Hugo Chavez

Campaigns woo new Hispanic citizens as key bloc

Special thanks to Eneas, GoV, Maggie, Maria and Siggy
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Today at 10AM Eastern: Barbara Comstock of Save the Election.com

October 6th, 2008

You can listen to the podcast here

Earlier today:
My guest this morning is Barbara Comstock of Save the Election.com. We will talk about how Employee Free Choice Act (EFCA), or “card check” legislation would strip American workers of their right to vote by secret ballot in union-organizing elections.

Chat’s open at 9:45AM and the call in number is 646 652-2639. Join us!

Listen to Faustas blog on internet talk radio

Now Wall Street may shun $700bn bail-out

October 5th, 2008

Now Wall Street may shun $700bn bail-out

Fears are mounting that many Wall Street banks and financial firms will refuse to participate in the US government’s $700bn bail-out package, leaving global markets and world economies in a perilous state for months to come.

‘There is a growing feeling that banks … might instead decide to tough it out,’ said Thomas Caldwell, chairman and CEO of Caldwell Financial, a $1bn-plus fund manager.

As Red State puts it,

This is what happens when socialism gets shoved down the throats of capitalists. They will vomit it up.

We didn’t need the bailout, but I have every confidence that the politicians will find a way to spend that $700 million and grab even more power.

Today’s chanting Obamachildren video

October 5th, 2008

Frere Jacques, in Paris:

Can’t wait for them to sing 100 Bottles of O on the Wall…

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Tonight at 7PM on Blog Talk Radio

October 5th, 2008

UPDATE
You can listen to the podcast here

Tonight at 7PM Eastern I have the honor of being the guest at the American Truth Warriors podcast. Join us!

Jaded eyes on 60s lies: Lover Come Back

October 5th, 2008

AMC’s playing Lover Come Back (1961) with Doris Day and Rock Hudson.

The IMDB summarizes the plot

Jerry Webster and Carol Templeton are both in the advertising business, but for different agencies. Annoyed by Jerry’s methods of using alcohol and women to ensure contracts for his agency, Carol tries to get him thrown out of his profession. To avoid this Jerry bribes the girl who’d testify against him, by starring her in a TV commercial for a product named VIP that he’s just made up. By accident these commercials are broadcasted and to keep his job, Jerry has to come up with VIP for which he enlists the help of Doctor Linus Tyler. Carol goes to see the Doctor to try and get the VIP account, but because she and Jerry have never met, she mistakes Jerry for the Doctor. Jerry then takes advantage of this situation to win her. Written by Leon Wolters {wolters@strw.LeidenUniv.nl}

The plot is rife with gay innuendo: Even when the early 1960s audience didn’t know for sure (there had been lots of rumors which the studio managed to suppress for a long time) that Rock Hudson was gay in real life, the script writers had a field day. Rock Hudson and Tony Randall at one point look like they’re about to break into singing “I”m a lumberjack” when they went moose hunting out in the woods.

Monty Python had nothing to do with the movie, of course, but I can’t resist inserting it here,

Tony Randall actually wore the full lumberjack outfit.

Tony Randall played the confirmed bachelor to Rock Hudson’s stud in the Doris Day movies. Someone actually put together a YouTube of scenes from Lover Come Back and Send Me No Flowers. They did have chemistry:

Carol, played by Doris Day, is a spinster dedicated to her carreer in advertising and wears ridiculous hats throughout the movie, the most ridiculous of which is this one:

I guess in 1961 hats were to Doris Day what shoes later became to the Sex and the City crowd.

Rock Hudson plays Jerry, a corrupt and corrupting liar whose entire carreer is predicated on his telling people what he thinks they want to hear. His client from Virginia was the great grandson of a Confederate general, so Jerry also pretends to be the grandson of a Confederate general and takes him to the Bunny Club (the Playboy Club, of course) for a show where the final nightclub number plays Dixieland and the star bunny rips her bodice to show a Confederate flag to the client. An orgy at the client’s penthouse followed. The movie shows only the morning-after debris, including a hungover bunny in a bass case.

Later on Jerry pretends to be Dr. Linus (obviously named after Linus Paulding who won the Nobel Prize for Chemistry in 1954), a brilliant chemist but a shy and repressed guy (who she woke up early one morning at Jerry’s apartment!). Jerry as Linus makes up a remarkable family: his father who he idolizes is a philosopher, this brother a heroic surgeon who died in Africa, and on and on. Jerry/Linus pretends that all he needs is the right girl to bring out the real man in him. To get himself invited overnight to Carol’s apartment he says lines like, “You deserve a man, not a mass of neurotic doubts!”

Carol, after pondering whether to give in while a Doris Day song plays in the background, realizes he’s The Big Phony, drives him out to the beach and dumps him there.

In real life, Jerry would had gone on with his corrupt and dissipated existence and Carol would have gone on being a spinster.

But the movie goes on: the real Linus the chemist actually produces the vips, a candy that started as a bogus advertising campaign for an imaginary product. More innuendo follows:

It’s a Doris Day/Rock Hudson movie, so you know they will get together. Indeed, the morning after consuming the vips they wake up in bed, much to Jerry’s horrific expression. She’s wearing his pajama top, he’s wearing the bottoms. They’re in a motel in Maryland where, when she wakes up and screams, the housekeepers say, “Some girls are just not ready for marriage.”

Not Viagra, just vips. That’s all it took.

It’s a very funny movie, and I’m sure you’ll enjoy it.

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A lovely short film, via Urban Grounds,


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Today’s WSJ’s Five Best books on the history of medicine, selected by Stephanie Snow:

The fifth book is The History of Medicine by W.F. Bynum, which I couldn’t locate at Amazon.

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Today’s shoes, Sofft’s Gaby in burgundy suede. An elegant retro style that you can wear all day long

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Show of hands

October 5th, 2008

Creative Minority Report has a hilarious video of how CNN counts a show of hands.

Here’s the video:

He asks,

Now, does she forget that we can see her? Or does she think we can’t count?

Yes, and yes.

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