End of Issue #77 |

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Editorial and Rants


Dear Russia,
Please nuke Washington D.C.
Thanks!

Obama's Union Thugs FAIL!


Juden Raus!
"Change" comes to FindGold, and other corrupt Democrats, as they bail on their Magic Negro. LOL!
Wisconsin is not "progressive." It was built by hard-working and honest Aryans, Nordics, and Scandinavians - not filthy, lying, traitorous Jews!
Feingold to Skip Obama Rally in Wisconsin
September 3, 2010 - From: news.yahoo.com
By Holly Bailey
President Obama heads to Milwaukee on Monday, where he'll mark Labor Day at a statewide union event with other local Democratic candidates -- except for one. Sen. Russ Feingold, who is facing a tougher-than-expected re-election campaign, is too busy to meet up with Obama this weekend.
It's the second time this summer that Feingold has dodged an Obama event, though in fairness, the Wisconsin senator did make an appearance at the president's most recent stop in the state last month.
Yet Feingold's decision to skip the Obama labor union rally is unusual, particularly since it's Labor Day weekend -- the traditional kickoff of the fall campaign season-- and unions have been Feingold's biggest boosters in the state. Feingold's disappearing act will be doubly conspicuous, since gubernatorial hopeful Tom Barrett, the other statewide Democratic candidate, is scheduled to be there.
In a historically progressive state, a photo-op with Obama would seem to be a good thing -- though with the president's approval numbers sliding, the campaign payoff would be much diminished from what it might have been a year ago.
It's true that Obama remains generally popular in the state, but his approval rating has dipped to 49 percent, according to the most recent University of Wisconsin Badger poll -- a drop of 11 points since last winter. That's a higher approval rating than in other key battleground states this fall, but it's unclear at this point whether Obama's standing would hurt or help Feingold, who is virtually tied in the polls with his GOP opponent, businessman Ron Johnson.
Johnson has gained in the polls by trashing Feingold's votes on Obama-led agenda items like health care reform and last year's federal stimulus bill. And he has proved to be a serious financial challenger. In July and most of August, Johnson outraised Feingold, reporting $1.2 million in contributions, compared with the incumbent Dem's $900,000. Feingold had more cash in the bank earlier this summer -- but Johnson has readily dipped into his own cash reserves to bridge that gap, loaning his campaign more than $4.4 million, according to the Milwaukee Journal-Sentinel's Craig Gilbert.
The race will be a major target for special interest spending this fall. Presumably, labor unions and Democratic groups will come to Feingold's defense. Meanwhile, outside conservative groups have named Feingold as one of their biggest targets this fall. Already, the American Action Network, a conservative group linked to former Sen. Norm Coleman (R-Minn.), has spent nearly $400,000 on ads trashing Feingold on federal spending.
Socialism works - as long as you have U.S. taxpayers to bail you out all the time...
Watchdog Panel Cites Global Impact of U.S. Bailout
August 12, 2010 - From: apnews.myway.com
By Marcy Gordon
WASHINGTON (AP) - The $700 billion U.S. bailout program launched in response to the global economic meltdown had a far greater impact overseas than other countries' financial rescue plans did on the U.S., according to a new report from a congressional watchdog.
Billions of dollars in U.S. rescue funds wound up in big banks in France, Germany and other nations. That was probably inevitable because of the structure of the Treasury Department's program, the Congressional Oversight Panel says in a new report issued Thursday.
The U.S. program aimed to stabilize the financial system by injecting money into as many banks as possible, including those with substantial operations overseas. Most other countries, by contrast, focused their efforts more narrowly on banks in their nations that usually lacked major U.S. operations.
But the report says that if the U.S. had gotten more data on which foreign banks would benefit the most, the government might have been able to ask those countries to share some of the cost.
"There were no data about where this money was going," panel chair Elizabeth Warren said in a conference call with reporters on Wednesday. "The American people have a right to know where the money went."
An example: Major French and German banks were among the biggest beneficiaries of the U.S. rescue of American International Group Inc., yet the American government shouldered the entire $70 billion risk of pumping capital into the crippled insurance titan. The report compares that with the $35 billion that France spent on its overall financial rescue program and the $133 billion that Germany spent.
Much of the $182 billion in federal aid to AIG - the biggest of the government rescues - went to meet the company's obligations to its Wall Street trading partners on credit default swaps, a form of insurance against default of securities. The partners included French banks Societe Generale, which received $11.9 billion in AIG money, and BNP Paribas, which got $4.9 billion, and Germany's Deutsche Bank, $11.8 billion.
Of the 87 banks and financial entities that indirectly benefited from the U.S. aid to AIG, 43 are foreign, according to the report. In addition to France and Germany, they include banks based in Canada, Britain and Switzerland.
In addition to AIG, many of the U.S. banks and automakers that received billions in bailout aid derive a large proportion of their revenue from operations outside the U.S., the report noted.
The watchdog panel was created by Congress to oversee the Treasury Department rescue program that came in at the peak of the financial crisis in the fall of 2008. It has said it's unclear whether U.S. taxpayers will ever fully recoup the cost of the AIG bailout. The Congressional Budget Office estimates that taxpayers will lose $36 billion.
Although the law creating the U.S. rescue program called for Treasury to coordinate its actions with similar efforts by foreign governments, "the global response to the financial crisis unfolded on an ... informal, country-by-country basis," the new report says. "Each individual government made its own decisions based on its evaluation of what was best for its own banking sector and for its own domestic economy."
The U.S. program wound up injecting capital into around 700 banks, while all other governments combined aided fewer than 50, according to the oversight panel.
At the same time, the report suggests that the Treasury program, known as the Troubled Asset Relief Program, or TARP, may have played a constructive role.
"It appears that the existence of the TARP might have served to enhance the negotiating position of the U.S. government (at least in a limited way), as it demonstrated the willingness of U.S. officials to be aggressive and forceful in committing a significant amount of resources to confront a deepening crisis," the report says.
Treasury Department spokesman Mark Paustenbach said the report "shows that Treasury worked effectively with its overseas partners in a number of ways to address the global financial crisis."
The report says the financial crisis revealed the need for an international plan "to handle the collapse of major, globally significant financial institutions."

U.S. National Mall: After the Kenyan Muslim's Inauguration

U.S. National Mall: After Glenn Beck's 'Restoring Honor' Rally
What?!? Illegal spics didn't set up an aerospace manufacturing firm or build a semiconductor plant? I'm shocked!
This is what "multiculturalism" and "diversity" bring...
Hidden in Wisconsin National Forest: Marijuana Megafarm
August 12, 2010 - From: cbs2chicago.com
By Todd Richmond
GREEN BAY, Wis. (AP) - Northern Wisconsin's Chequamegon-Nicolet National Forest is a vast, verdant getaway for hundreds of thousands of campers, hikers and anglers every year. But hidden within was a marijuana megafarm.
Investigators say a band of Hispanic men turned the forest's southeastern tip into a giant pot farm, growing thousands of plants on remote plots, moving supplies along forgotten logging roads and buying supplies and ammunition at local stores. Nobody in law enforcement has said it publicly, but the style matches that of Mexican cartels that have been using public land in the United States to grow vast amounts of marijuana and avoid the risk and expense of smuggling the drugs across the border.
"There certainly is an element to this that leads one to believe there is a Hispanic connection here," Wisconsin Attorney General J.B. Van Hollen said. He declined to elaborate.
According to court documents, investigators discovered nine plots of plants in the southeastern tip of the Nicolet section after a person noticed two Hispanic men preparing a grow site in the forest. Federal, state and local police spent June and July tailing suspected growers, following pickup trucks down abandoned logging roads and watching Hispanic men appear in the trees and toss nylon sacks resembling grain feed bags into the beds.
They followed one suspect to a Fleet Farm in Green Bay, where he purchased six pairs of pruning shears. They watched another man purchase 9 mm ammunition at a nearby Wal-Mart, documents said. The suspected growers eventually led investigators to a house in Seymour, about 15 miles southwest of Green Bay. According to court documents, the house was a marijuana processing factory.
According to the U.S. Drug Enforcement Administration, drug agents around the country seized about a million plants a year between 2004 and 2008. In 2008 alone, agents seized or destroyed 7.6 million marijuana plants from about 20,000 illicit plots.
In Wisconsin, the number of seized plants in grew six-fold between 2003 and 2008, a year when more than 32,000 plants were seized. Authorities eradicated $2.5 million worth of marijuana plants in the national forest system alone, said Richard Glodowski, special agent in charge of the U.S. Forest Service's investigations in the eastern half of the U.S.
Drug investigators believe Mexican cartels are largely responsible for the spike. Growing the drug here helps them get it to major American markets more quickly. They often import unskilled laborers from Mexico to help find the best land and tend their crops.
The Chequamegon-Nicolet National Forest covers about 1.5 million acres across northern Wisconsin and is divided into two sections - the 860,000-acre Chequamegon in far northwestern Wisconsin and the 660,000-acre Nicolet portion in northeastern Wisconsin.
The southeastern edge of the Nicolet portion lies about 50 miles from Green Bay and hosts about three-quarters of the 700,000 visitors who travel to both sections each year, said Tony Erba, the forest's deputy supervisor. Featuring dense woods, streams and lakes, the forest is a veritable playground for campers, hikers, ATV enthusiasts and hunters - and a perfect haven for growing marijuana.
About 163,000 people use the southeastern tip of the Nicolet where the farms were established each year. Most of the plots were in secluded areas, forest supervisor Paul Strong said. But investigators realized bear hunting season and fall leaves would soon bring more people into the woods and decided to take down the operation on Tuesday.
Investigators discovered at least nine different plots in the forest as well as at least 1,000 plants on the adjacent Menominee Indian Reservation.
Oconto County Sheriff Mike Jansen estimated they seized about 50,000 plants, but Van Hollen cautioned that authorities were still counting and the number currently stood closer to 10,000. The attorney general estimated that each plant might yield a pound of marijuana worth about $1,000.
"This amount of marijuana in northern Wisconsin is a big, big deal," Van Hollen said.
A search of the Seymour house found marijuana drying throughout it and a stash of firearms, including an AK-47 assault rifle. Officers said the smell of pot permeated the entire house. They also raided a storage unit, where they discovered a wire transfer of $2,500 to a man in Modesto, Calif., about $6,000 in cash and 72 pounds worth of processed marijuana in cardboard boxes and garbage bags â yet another cartel grow operation standby.
Eight men were arrested and arraigned Wednesday in federal court on charges of conspiring to manufacture and distribute more than 1,000 marijuana plants and possession with intent to deliver more than 100 marijuana plants. Four more men were arraigned on Thursday. Three were charged with the same counts. The fourth, Bernabe J. Nunez-Guzman, was charged only with conspiracy, but court documents indicate he was the ring leader.
An unnamed informant arrested at the Seymour house told detectives on Wednesday he was in San Jose, Calif., several months ago when he was approached by a man who asked him if he wanted to work at a ranch. This person arranged for the man to travel to Green Bay, where he met Nunez-Guzman.
The informant said he helped dry marijuana at the house and Nunez-Guzman, also known as "Green Bay," was the boss. He came to the house every 15 days to check on the operation and sent a runner into the woods every three days to check the crop.
Federal defender Krista Halla-Valdes, who represents the four men charged Thursday, said she hasn't seen any evidence in the case and it's too early to comment.
Cartel grow recruiters often look for people with family in Mexico so they can use them as leverage to keep the farmers working and quiet. If anyone betrays the farm, they go after the worker's family, intelligence experts say.


