The Republican Mess

Posting Local and National News regarding Politics with a Left Leaning, Clean Living view for Montana!
Yep, Its not going away and we have yet to see the worst. Shame on BP and our Government for telling us otherwise!
The Huffington Post | Nick Wing First Posted: 08-19-10 12:32 PM
Nevada Republican Senate candidate Sharron Angle once partook in a campaign against a local high school's use of black football jerseys, arguing that the dark color was ungodly and wicked, Bill Roberts of Nevada's Pahrump Valley Times recently reported.
It was Homecoming of 1992 and Nevada's Tonopah High School football was seeking to depart from their school colors, specifically in wearing black jerseys instead of the usual red and white. The uniform change was meant to be a display of solidarity; the year before, the team had suffered an embarrassing loss at the hands of a rival that had, up to that point, been winless. The Homecoming game in 1992 was their chance to make up for that plaguing defeat in front of the whole school, and they wanted to do something special to build the team's spirits.
Enter Sharron Angle and her color-crusading cohort.
While some detractors made the argument that adopting the new color was unacceptable simply as a breach of tradition, Angle -- who was in the midst of an eventually successful campaign for school board -- and others argued that wearing black jerseys was closer to sacrilege.
"I cannot quote scripture as they did to justify their point but the gist of their argument was that black as a color was thoroughly evil, invoking the supernatural and especially the devil," Roberts reports. "Whichever argument prevailed, school administrators caved in and prohibited the Muckers from wearing the black apparel."
The black uniforms were then confiscated and held under "lock and key" by the administration, which refused to compensate the team for the money they had spent acquiring the jerseys.
Though Sharron Angle sought to downplay the nearly 20-year old incident at a press conference Wednesday, claiming that she had "no recollection of the controversy or any position she may have taken," such a stance would not be entirely uncharacteristic of the deeply religious Senate candidate that Angle has shown herself to be since capturing her primary victory in June.
From the "the beginning," Angle has described her campaign as divinely inspired, and said in July that she believed God had called on her to run for the U.S. Senate. She has also repeatedly made clear her positions on abortion -- that it shouldn't be accepted even in the cases of rape or incest -- and has expressed skepticism over the true necessity for a separation of church and state. Earlier this month, Angle painted the Democratic agenda as a "violation of the First Commandment," because it supposedly created idolatry in making the "government our God" with entitlement programs. Just a day later, she filled out a questionnaire of her religious views that uncovered her dislike of gay adoption, her support for the clergy taking part in politics, and a promise not to take money from any PAC or corporation that supported gay rights.
Now heres the rub according to my Family's like of religion. Don't Priests were Black????? These are the people Republicans want in office?
Taken from Bloomberg News! The reporter on this story: Alexis Xydias in London at axydias@bloomberg.net.
This week’s plunge in U.S. stocks triggered a technical indicator known as the Hindenburg Omen that may signal a more severe selloff, according to analysts who follow charts to predict market moves.
The market signal, named for a German zeppelin that caught fire and crashed more than seven decades ago, occurs when an unusually high number of companies in the New York Stock Exchange reach 52-week highs and lows. The indicator last occurred in October 2008, according to UBS AG.
The Standard & Poor’s 500 Index yesterday completed the biggest three-day decline since July 1, after an unexpected increase in unemployment claims added to evidence an economic recovery is weakening. The benchmark gauge for U.S. stocks has dropped 3.4 percent so far this week as Federal Reserve policy makers said growth “is likely to be more modest” than they previously forecast.
The indicator may suggest “a savage equity downturn is imminent,” said Albert Edwards, a London-based strategist at Societe Generale SA, who has told investors to favor bonds over stocks for more than a decade. “Equities are tottering on the edge as increasingly recessionary data becomes apparent. It would not take much to tip them over that edge.”
The Hindenburg signal was triggered yesterday as the proportion of stocks reaching new one-year highs and lows both exceeded 2.2 percent of the total listed on the NYSE, according to Michael Riesner, a technical analyst at UBS in Zurich.
Rising Market
The number of stocks at a 52-week high must not be more than twice the number marking lows, the technical theory also says, according to analysts. The indicator is only valid in a rising market, as defined by the NYSE Composite Index’s rolling average value in the last 10 weeks. It must also occur when the NYSE McClellan Oscillator, a measure of market momentum, is negative.
The Hindenburg Omen must be confirmed with a second occurrence within 36 days, according to Riesner. He said the signal occurred seven times in 2008 as the S&P 500 posted its biggest annual drop since the Great Depression.
“It’s an interesting name but what you really have as a technical background is a classic distribution phase in the market,” Riesner said. “It’s the classic tug of war between bulls and bears that you have there.”
In technical analysis, investors and analysts study charts of trading patterns and prices to predict changes in a security, commodity, currency or index. UBS is ranked as the top bank for equity technical analysis and charting according to a 2010 Thomson Extel survey.
By Kathy Ruffing and James R. Horney
Some critics continue to assert that President George W. Bush’s policies bear little responsibility for the deficits the nation faces over the coming decade — that, instead, the new policies of President Barack Obama and the 111th Congress are to blame. Most recently, a Heritage Foundation paper downplayed the role of Bush-era policies (for more on that paper, see p. 4). Nevertheless, the fact remains: Together with the economic downturn, the Bush tax cuts and the wars in Afghanistan and Iraq explain virtually the entire deficit over the next ten years (see Figure 1).
The deficit for fiscal year 2009 was $1.4 trillion and, at nearly 10 percent of Gross Domestic Product (GDP), was the largest deficit relative to the size of the economy since the end of World War II. If current policies are continued without changes, deficits will likely approach those figures in 2010 and remain near $1 trillion a year for the next decade.
The events and policies that have pushed deficits to these high levels in the near term, however, were largely outside the new Administration’s control. If not for the tax cuts enacted during the presidency of George W. Bush that Congress did not pay for, the cost of the wars in Iraq and Afghanistan that were initiated during that period, and the effects of the worst economic slump since the Great Depression (including the cost of steps necessary to combat it), we would not be facing these huge deficits in the near term.
While President Obama inherited a dismal fiscal legacy, that does not diminish his responsibility to propose policies to address our fiscal imbalance and put the weight of his office behind them. Although policymakers should not tighten fiscal policy in the near term while the economy remains fragile, they and the nation at large must come to grips with the nation’s long-term deficit problem. But we should not mistake the causes of our predicament.
Taken from http://www.cbpp.org
In 786 the Arab caliph, Abd-er Rahman I, began the construction of the great mosque of Cordova, now the cathedral, and compelled many Christians to take part in the preparation of the site and foundations. Though they suffered many vexations, the Christians continued to enjoy freedom of worship, and this tolerant attitude of the ameers seduced not a few Christians from their original allegiance. Both Christians and Arabs co-operated at this time to make Cordova a flourishing city, the elegant refinement of which was unequaled in Europe. [...] the citizens of Cordova, Arabs, Christians, and Jews, enjoyed so high a degree of literary culture that the city was known as the New Athens. From all quarters came students eager to drink at its founts of knowledge. Among the men after-wards famous who studied at Cordova were the scholarly monk Gerbert, destined to sit on the Chair of Peter as Sylvester II (999-1003), the Jewish rabbis Moses and Maimonides, and the famous Spanish-Arabian commentator on Aristotle, Averroes.
So it's easy to see why a group of Muslims creating a community center in the heart of a majority Christian country in a city known for its large Jewish population might name it "The Cordoba House" They're not, as Gingrich hopes we would believe, discreetly laughing at us because "Cordoba" is some double-secret Islamist code for "conquest"; rather, they're hoping to associate themselves with a particular time in medieval history when the largest library in Western Europe was to be found in Cordoba, a city in which scholars of all three major Abrahamic religions were free to study side-by-side.
Excerpts from the great young Blogger "Got Medievil"