Archive for October, 2011

NBC Spells Ambien

Posted by on Monday, 31 October, 2011

Hair of the Dog : It was an extravaganza of disdain as Bob Schieffer treated Herman Cain with serious disrespect, Rick Perry relaunched his campaign and Ron Brownstein had a dire warning for Republicans — even if he doesn’t realize it. Bonus: Meet David Gregory, cheerleader.

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NBC Spells Ambien


Worthless History from NYT’s Robert Worth: Arab Revolt Lacks ‘Standard-Bearer’ Like Lenin or Mao

Posted by on Monday, 31 October, 2011

Robert Worth, staff writer for the New York Times Magazine, wrote a “news analysis” for the paper's Sunday Review, “ The Arab Intellectuals Who Didn’t Roar ,” suggesting the Arab spring needs a Communist tyrant like Lenin or Mao to become a symbol of “people’s aspirations.”


Cain: Allegations are a ‘witch hunt’ against me

Posted by on Monday, 31 October, 2011

Herman Cain said he was the subject of a “witch hunt” and again denied allegations he sexually harassed staff members at the National Restaurant Association when he headed the trade group. In a speech to the National Press Club Monday, Cain said he had “never sexually harassed anyone” in his “more than 40 years of business experience.” But the Republican front-runner was evasive on the subject of settlement payments to women who had accused him of harassment, saying that he had delegated handling of the charges to his lawyer and human resources representative. “I am not aware of a settlement that came out of that accusation. I hope it wasn’t much, because I didn’t do anything,” Cain said. On Sunday, Politico reported two women left the National Restaurant Association after complaining of sexually inappropriate behavior by Cain, who led the group in the mid-1990s. The report said the women received financial settlements to leave the trade group and as a part of those deals, they agreed not to discuss their complaints. NBC News confirmed Monday that at least one of the women who accused Cain of inappropriate advances received a payout from the group. Cain said he would not press the association to turn over records surrounding its internal investigation or the settlement. 

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Cain: Allegations are a ‘witch hunt’ against me


Unesco grants Palestine full membership

Posted by on Monday, 31 October, 2011

The US immediately announced it was cutting a planned $60m budget payment to the UN cultural agency in response to the move

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Unesco grants Palestine full membership


Profit tax holiday could blunt U.S. exports: gov’t (Reuters)

Posted by on Monday, 31 October, 2011

Reuters – Any economic benefit that might result from a U.S. tax holiday for overseas corporate profits could be muted, or even reversed, if it strengthened the U.S. dollar and weakened exports, according to a Congressional Research Service report.

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Profit tax holiday could blunt U.S. exports: gov’t
(Reuters)


Equities slip as eurozone stresses resurface

Posted by on Monday, 31 October, 2011

Intervention to suppress the yen is encouraging profit-taking after a stellar month for risk assets

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Equities slip as eurozone stresses resurface


American Carries Out Suicide Attack in Somalia, Urges Jihad in US

Posted by on Monday, 31 October, 2011

Well, there’s one less American born jihadist we have to worry about : A suicide bomber who carried out an attack in Somalia this weekend was an American citizen of Somali descent, a website associated with the Al-Shabaab Islamist movement claimed Sunday. The website named the bombers as Aden al-Ansari and Cabdi Salaam al-Muhajir, and posted what it said was an audio interview with al-Muhajir speaking American-accented English . The speaker urges his “brothers and sisters” to “do jihad” in America , Canada, England, “anywhere in Europe, in Asia, in Africa, in China, in Australia, anywhere you find kuffar,” a derogatory term for non-Muslims.

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American Carries Out Suicide Attack in Somalia, Urges Jihad in US


MF Global files for bankruptcy protection (AP)

Posted by on Monday, 31 October, 2011

AP – MF Global Holdings Ltd., the securities firm run by former New Jersey Governor and Goldman Sachs head Jon Corzine, is seeking bankruptcy protection one week after reporting its biggest-ever quarterly loss.

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MF Global files for bankruptcy protection
(AP)


NYT Finally Admits (Reluctantly) That Imprisonment Lowers Crime Rate

Posted by on Monday, 31 October, 2011

A Sunday New York Times editorial on crime, “ Falling Crime, Teeming Prisons ,” indirectly acknowledged (at last) the paper’s blinkered liberal failure to connect the seemingly obvious idea that crime falls when more criminals are behind bars, as captured by a notorious headline on a September 28, 1997 “Week in Review” story by Fox Butterfield, ” Crime Keeps on Falling, But Prisons Keep on Filling .” As if the two trends were unrelated. The idea is a recidivist in Times crime coverage, often under Butterfield’s byline . Senator Jim Webb, Democrat of Virginia, has a smart proposal to create a bipartisan commission to review the nation’s troubled criminal justice system and offer recommendations for reform. The National Criminal Justice Commission Act would be a valuable first step toward reducing crime as well as punishment. Unfortunately, Senate Republicans derailed the bill recently, with some falsely claiming that it would encroach on states’ rights. As a means of controlling crime, America’s prisons are notoriously inefficient and only minimally effective, often creating hardened criminals out of first-time offenders. The United States has 5 percent of the world’s population, yet 25 percent of the world’s prisoners. In the past generation, the imprisonment rate per capita in this country has multiplied by five. There are 2.3 million Americans in prisons and jails. Spending on prisons has reached $77 billion a year. While crime has gone down notably, just 10 to 25 percent of the decline can be credited to the increase in imprisonment. The rest is from the waning of the crack epidemic, the aging of the baby boomers and other factors. The editorial doesn’t cite any research to back up the “just 10 to 25 percent” claim.

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NYT Finally Admits (Reluctantly) That Imprisonment Lowers Crime Rate


Dean of St Paul’s resigns over protests

Posted by on Monday, 31 October, 2011

Position is ‘untenable’, says Graeme Knowles, after criticism over decision to close cathedral in a failed effort to get protesters to leave

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Dean of St Paul’s resigns over protests