Recommended Reads

May 27 (Bloomberg) -- The U.S. economy will enter “hyperinflation” approaching the levels in Zimbabwe because the Federal Reserve will be reluctant to raise interest rates, investor Marc Faber said.
Prices may increase at rates “close to” Zimbabwe’s gains, Faber said in an interview with Bloomberg Television in Hong Kong. Zimbabwe’s inflation rate reached 231 million percent in July, the last annual rate published by the statistics office.

“I am 100 percent sure that the U.S. will go into hyperinflation,” Faber said. “The problem with government debt growing so much is that when the time will come and the Fed should increase interest rates, they will be very reluctant to do so and so inflation will start to accelerate.”

Mr. T

"United In Hate"

The Lefts Romance With Tyranny and Terror!

Mr. T

Interesting to pull an older post where the talk was about 5 million new jobs and it would cost only 150 billion?

And Obama and congress have spent somewhere around 15 trillion and we have not even seen 1 million new jobs.

Read these History of Lies

Mr. T

How Americans have turned into a bunch of scared old ladies!

Mr. T

Strange clouds seen all over the world, check out these pics

http://www.dailymail.co.uk/sciencetech/art...seen-world.html

Westside Steve

http://books.simonandschuster.com/Go-Down-...n/9781416557067

True account of Clyde and Bonnie.

Just finished the unabridged audiobook.

It's fascinating.

WSS

Chicopee John

@westside-steve said:
http://books.simonandschuster.com/Go-Down-...n/9781416557067
True account of Clyde and Bonnie. Just finished the unabridged audiobook. It's fascinating. WSS

In a similar vein, I recently read biographies about Billy The Kid and James Dean. I knew little about them - especially about their 'legends' - and found both books to be enlightening.

In short, neither man's real life closely mirrored their legend.

Always interesting to read different - maybe the true spins, maybe not - on so-called famous people.

On another note, I just finished Frank McCourt's, "Angela's Ashes". In short, the best book I've read since "Atlas Shrugged", which I read a long time ago. "Angela's Ashes" is THAT good.

? Aloysius

The Peace Maker

Rahm Emanuel's Mideast Mission.

Mr. T

WHO declares swine flu pandemic

who declares read here

# FLU PANDEMIC -- Swedish government official tells BNO News that the WHO has declared a global swine flu pandemic

# URGENT -- BNO News confirms that the World Health Organization has raised the pandemic alert level to its highest level. Details to come.21 minutes ago from BNO Headquarters

# BULLETIN -- WORLD HEALTH ORGANIZATION RAISES PANDEMIC ALERT LEVEL TO ITS HIGHEST LEVEL, DECLARES SWINE FLU PANDEMIC. Level 6

http://www.vuetoo.com/vue1/Situationpagene...p;np=&tp=14

calfoxwc

June 11, 2009

Influential liberal sees the light on Obama

Ed Lasky

Marty Peretz has been a leading liberal light for many years from his post at the influential New Republic. He was wholeheartedly in Barack Obama's corner during the campaign. I criticized him for his views and for spinning for the Obama campaign-particularly when it came to the issue of one of our most beleaguered allies, Israel.

However, in the last few weeks, Peretz seems to have had an epiphany. Obama is not what he thought he was. Peretz has published one piece after another taking the Obama administration to task over its foreign policy approach. His latest target is our Ambassador to the United Nations, Susan Rice, about whom I have been writing since the campaign.

Ambassador Rice's position was raised to Cabinet rank, and she seems to have as much foreign policy influence -- if not more than -- Secretary of State Hillary Clinton. She pushed for participation in Durban II, pushed for America to join the disgraceful Human Rights Council, and (during her maiden speech at the UN) called for Israel to investigate itself for war crimes. She deflected criticism from supporters of the American-Israel relationship by promising that American would lead to a transformation of these international meetings and groups from being anti-Israel and anti-American. They would no longer be sinecures for our adversaries.

Peretz finds her record one of broken pledges and one of failure:

Given his following and weight in the world of liberal Jewish thought, perhaps his growing awareness will be a leading indicator.

Another Triumph For Ambassador Rice:

Four especially reassuring elections occurred at the United Nations on Wednesday. So I hasten to bring you the good news.

Let me give it to you

seriatim:

1. Libya was elected President of the U.N. General Assembly. The Libyan minister for African affairs has been designated for the post.

2. Sudan as been elected as vice president of the General Assembly. This bodes well for Darfur.

3. Algeria has been elected as chair of the Assembly's Legal Committee, known in the U.N.'s streamlined bureaucracy as the Sixth Committee.

4. Iran has been elected vice-chair of the Sixth Committee.

Susan Rice will have a wonderful time engaging with these men. Especially since the president's Cairo speech, which has changed the world.

Some might be tempted to criticize Peretz for his earlier support of Obama. But it does take some moral courage from the perches of Cambridge to criticize Barack Obama, his policies and the people he has chosen to drive our foreign policy. Apostasy does not play well within the crowds that Marty Peretz probably finds himself in on a day by day basis. His turn away from Obama is a welcome step forward. Hopefully, he will be a leading indicator of a wave of disillusion yet to come.