Friday, October 28, 2011

Barker's Newsbites: Friday, October 28, 2011


We're headed down the rabbit hole, folks.

(Perhaps China has somehow spiked the nation's drinking water supply with LSD?)

Whatever the reason... up is down, Left is right, and reality is nowadays simply one of those nondescript words which once possessed a clear, understandable definition and meaning.

Did you folks read yesterday's newsbites - particularly the one concerning GDP?

(*SNORT*)

(*SMIRK*)


How'bout that stock market, huh...?!?!

No... relationship... to... reality... whatsoever...

(*SIGH*)

Last night I'm laying in bed listening to the radio and the newscaster is babbling on about how the economy is "improving" and indeed how yesterday's Dow jump might be the start of a bull market with full economic "recovery" only... er... three or four years further down the road.

(*BANGING MY HEAD AGAINST THE DESKTOP*)

Funny thing... it was only last week when the "news" was reporting that we might be entering a double dip...

(*SNICKER*)

In other words, folks, it's all blather... it's all emotional reaction as opposed to clear eyed analysis.

Bottom line: You can't take anything you hear on the news seriously - not in and of itself as a one time snapshot of reality. You've gotta resist the urge to let "them" (the mainstream media) play on your "hope" for "change."

I simply can't stress this enough, folks... the mainstream media is basically full of shit.

Whether it's politics... economics... social issues... the Left is doing their best to manipulate you.

What of "the Right?" Well... it depends what you mean by "the Right." If you mean the GOP... yeah... no doubt! If you mean the likes of Charles Krauthammer and "the old guard" of the establishment conservative punditry... well... yeah! They're often as full of shit just as the Left is!

Listen. I blog for me. I blog because it creates a record. The fact that I publicly blog and thus share my research and thoughts with the rest of you... well... that's really just a byproduct. I mean, after all... it's not like Usually Right effects the debate on any level other than giving a handful of my friends and some few others a window into my thinking and access to the data that molds this thinking.

(*SHRUG*)

Anyway... carry on!

3 comments:

William R. Barker said...

http://www.breitbart.com/article.php?id=CNG.a81c4d237c34121ec07166c0bfa37900.921&show_article=1

NASA satellites were interfered with four separate times in 2007 and 2008, possibly by the Chinese military, according to a draft of an upcoming report for the US Congress.

* AND THEN-PRESIDENT BUSH DID... WHAT ABOUT IT?

The latest draft of the report by the US-China Economic and Security Review Commission said the computer hackers behind the interference gained the ability to issue commands to one of the satellites on two occasions.

* JEEZUS FRIGG'N CHRIST...

The draft report also accused China of being behind a "range of malicious cyber activities" including state-level involvement in cyberattacks, industrial espionage and the compromise of US and foreign government computer systems.

* NOTHING NEW HERE... UNFORTUNATELY...

"In 2011, US and foreign government organizations, defense contractors, commercial entities, and various nongovernmental organizations experienced a substantial volume of network intrusions and attempts with various ties to China," the report said.

* AND PRESIDENT OBAMA'S RESPONSE TO THIS IS... WHAT EXACTLY?

William R. Barker said...

http://www.nationalreview.com/articles/281513/another-solyndra-henry-sokolski

After weeks of outrage over an ill-fated $535 million federal loan guarantee to Solyndra - a bankrupt, politically backed solar-energy company - you’d think Washington would back away from such boondoggles.

Yet...

[T]here’s a good chance lawmakers will do it again, this time awarding a $2 billion loan guarantee to an Ohio nuclear-fuel project that, like Solyndra, is almost certain to fail.

But rather than being a liberal project to promote “green” energy and enrich Democratic donors along the way, this loan guarantee is an attempt of Ohio politicians - of both parties - to bring the bacon home to their swing state.

Rejected for a loan guarantee once back in 2009, the troubled United States Enrichment Corporation (USEC), based in Maryland, has lobbied hard to get the Department of Energy (DOE) to reconsider their case. On October 21, USEC’s insistent pleading paid off: DOE announced it would spend up to $300 million to help USEC reduce the technical problems that forced DOE to reject USEC’s original application.

* OK... JUST TO CLARIFY... THE OHIO NUCLEAR-FUEL PROJECT IS THE PROJECT OF A MARYLAND COMPANY - USEC. (RIGHT?)

Never mind that Moody’s just gave USEC a junk-bond credit rating. Ohio’s Sen. Rob Portman (Republican and member of the Senate Energy Committee), Sen. Sherrod Brown (Democrat), and Rep. John Boehner (Republican and speaker of the House) all insist USEC deserves federal support...

That the massive uranium-enrichment machines that USEC is trying to deploy are still failing in demonstration tests doesn’t really seem to matter. Four months ago, the Nuclear Regulatory Commission reported that six of these machines, which are based on an exotic U.S. Department of Energy design, “crashed” in what was supposed to be a validation run. USEC has already spent nearly nine years and $2 billion to develop these machines but still needs $3 billion to complete the project.

* AND THEY WANT MY MONEY AND YOURS IN ORDER TO DO IT! ALL PROFITS GO TO THE SHAREHOLDERS... ALL LOSSES TO THE TAXPAYERS. DOESN'T SOUND LIKE CAPITALISM TO ME.

The Ohio project, Washington insiders whisper, is hardly any worse than Solyndra.

(*SNORT*) (*RUEFUL CHUCKLE*)

Even shakier energy projects, both nuclear and nonnuclear, are sure to get federal energy loan guarantees, so why shouldn’t USEC? After all, they argue, the USEC guarantee, if approved, is unlikely to prompt much public blowback but it’s sure to make interest groups in Ohio happy.

(*MIGRAINE HEADACHE*)

Before USEC goes the way of Solyndra and even more bankrupt energy projects get federal backing, it certainly would be smarter to consider the alternative of just saying no. This, of course, would require government officials to do more than merely express moral outrage about energy projects that have gone wrong. They’d actually have to show some self-restraint at a time when money is scarce. Surely, this is possible.

William R. Barker said...

http://news.investors.com/Article.aspx?id=589665&p=1&fromcampaign=1

The most transparent administration in history has struck another blow for opaqueness with a proposed new federal regulation expanding its ability to respond to Freedom of Information Act (FOIA) requests, as the new rule states, "as if the excluded documents did not exist."

* HUH...???

Current provisions that allow for denying access to documents are found in 5 U.S.C. section 552(c) and were enacted in 1986. Government can deny document access if the FOIA requester is under criminal investigation and the investigation would be jeopardized, when the request concern's an informant whose identity is otherwise not known, or when the request seeks records "pertaining to foreign intelligence or counterintelligence, or international terrorism, and the existence of the records is classified information."

* OK. REASONABLE ENOUGH.

A Department of Justice withholding Fast and Furious gun-running information from Congress proposes shredding the Freedom of Information Act by being able to deny certain documents even exist.

* BACK TO "HUH...???"

The public's right to know is not absolute. Yet under current rules a court can determine whether the government's request for secrecy is justified.

In denying the request, the government must cite the relevant exemption. The requester can then challenge the denial in court.

The proposed rule change would allow the government to just say the documents don't exist, eviscerating FOIA and pre-empting the right to challenge the secrecy. A court cannot examine a document the government says doesn't exist.

* WTF...?!?!

Melanie Ann Pustay, director of the Justice Department's Office of Information Policy, which wants to function like George Orwell's Ministry of Truth, says government does have the right to lie. "To ensure the integrity of the exclusion is maintained, agencies must ensure that their responses do not reveal the existence of excluded records," she says.

* FOLKS... I SHIT YOU NOT! THIS IS WHAT IBD IS REPORTING!

A final version of the proposed rule could be issued by the end of this year.

If approved, the new rule would officially become a federal regulation with the force of law.

(Presumably the Nixon White House could have used the rule during Watergate to say, "Tape? What tape? It doesn't exist." This rule is more effective than any number of shredders could be.)

The rule comes at a time when the Department of Justice is actively stonewalling Congress on requests for information on the Fast and Furious government-sponsored gun-running operation that smuggled 2,000 weapons into Mexico. The weapons were involved in the deaths of two U.S. agents, Brian Terry and Jaime Zapata.

(Then there are the excesses of crony capitalism such as Solyndra, which prompted an FBI raid.)

What we know about such incidents has been gleaned largely from documents and emails the government was forced to disclose. They showed, among other things, that the attorney general of the United States flat-out lied about what he knew about Fast and Furious and when he knew it.

* AND YET HE'S NOT SITTING IN A CELL AWAITING TRIAL... NOR EVEN ENJOYING FORCED "RETIREMENT" IN BOCA.

It is this rule that needs to be shredded. We need to know the truth about what the government is doing to hold it accountable. The consent of the governed needs to be an informed consent.