Hamas-CAIR Pressured ABC to Cancel Show that Creator Says was “Pro-Arab, Pro-Tolerance”

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Hamas-CAIR Pressured ABC to Cancel Show that Creator Says was “Pro-Arab, Pro-Tolerance”

Trump to NY Mag Readers: Cancel Your Subscriptions

Real estate mogul and conservative political figure Donald Trump called on New Yorkers and Americans to cancel their subscriptions to New York Magazine after its senior editor Dan Amira attacked his wife on Twitter on Friday, saying that she is just waiting for Trump “to die.”

Trump had Tweeted out a New York Post article about how New York Magazine was failing financially and was considering switching to a biweekly publishing schedule. “@NYMag’s sales are so dismal that w/ its record 2013 losses it is going bi-weekly,” Trump tweeted with a link to the Post story before advising the magazine it “Should end pain & just fold.” 

“I love watching the dishonest writers @NYMag suffer the magazine’s failure,” Trump added in a follow-up tweet about the liberal magazine’s continued failures.

In response to that second Tweet, Amira wrote back to Trump: “Your wife is waiting for you to die.”

Trump responded harshly to Amira for his distasteful rhetoric.

“A terrible statement like that shows how desperate you and your magazine are,” Trump wrote via Twitter. “You should be ashamed.”

“No wonder @NYMag is doing so poorly, with an idiot Sr. Editor like @DanAmira, it will only get worse!” Trump added in another tweet.

Trump then called on Americans and New Yorkers to cancel any subscriptions to New York Magazine over Amira’s comments.

“I hope everyone that read @DanAmira’s reprehensible statement will cancel their subscription to @NYMag in protest,” Trump tweeted. “Let me know.”

After Trump called for New York Magazine readers to cancel their subscriptions, Amira then said he wants Trump to live. 

“For the record, as a blogger, I want Donald Trump to continue living and lying and pretending he might run for office for a long, long time,” Amira tweeted.

Breitbart Feed

Trump to NY Mag Readers: Cancel Your Subscriptions

Solution to the “Shutdown”: The Fed Could Simply Cancel $2 Trillion of Government Debt

 Bipartisan Proposal Would Take Pressure Off the Budget Crisis

Congressman Alan Grayson and former congressman Ron Paul are two of the fiercest warriors against an out-of-control Federal Reserve.

Paul has campaigned to dissolve the Fed for 35 years, and wrote an entire book called “End the Fed“. Grayson has  repeatedly slammed the Fed, and absolutely demolished it … to its face.    Paul and Grayson also co-sponsored a bill to audit the Federal Reserve. (Their desire to rein in the Fed is supported by numerous top economists.)

So when the two of them support a Fed-related solution to the “government shutdown” crisis,  I listen.

Congressman Grayson writes today:

A simple solution to the impasse is as follows: Federal Reserve Chairman Ben Bernanke should simply cancel the Treasury debt that it owns. The government can just forgive the government’s debt.

This wouldn’t solve the debt problem entirely. The Federal Reserve doesn’t own all U.S. government debt; it owns only roughly $ 2 trillion of it. (Well $ 2,076,927,000,000.00, as of last Wednesday, but who’s counting?)

NPR has a helpful graphic showing the various holders of U.S. government debt, including the Fed:

Source: NPR

 Congressman Grayson continues:

Yet canceling this debt would give the government substantial room under the debt ceiling to manage its finances. It would end the debt ceiling standoff in Congress, and it would prevent a default.

The debt held on the balance sheet of the Federal Reserve can be canceled without any significant consequence, because it is a bookkeeping artifact corresponding to the money supply. In essence, the government owes this money to itself. If I owe money to myself, I can cancel that debt at will and without consequence, essentially taking it out of my left pocket and putting it in my right pocket.

Last year, the Federal Reserve declared a “profit” of roughly $ 91 billion, much of which came from interest payments from the U.S. Treasury. The Federal Reserve then quickly remitted nearly all of this profit right back to the U.S. Treasury.

The Federal Reserve does this every year. Reducing or eliminating this unearned “profit” actually will provide a more realistic view of federal finances.

Grayson gives credit to Paul for coming up with the idea:

I am a Democrat, and known as a progressive. But this idea was put forward a few years ago not by me, or by a member of my party, but by Republican Representative Ron Paul.

He thinks, as do I, that the Federal Reserve‘s dramatic expansion of its balance sheet is simply a way of financing the government by printing money. The Fed isn’t really “buying” Treasury bonds, it is just letting the government finance its deficit by adding to the money supply.

***

While canceling the Treasury debt held on the Federal Reserve balance sheet might be considered unorthodox, it is no more unorthodox than the quantitative easing that has added much of this debt to the Fed’s balance sheet.

Indeed, quantitative easing – the radical program the Fed has engaged in for years, which doesn’t help the economy,   benefits the the super-elite and hurts the little guy, and more than offsets any savings from budget cuts in other areas – is largely performed through buying U.S. debt … $ 45 billion each month.

Grayson concludes:

In any event, preventing a financial meltdown, with its attendant risks of interest rate and price spikes as well as staggering employment losses, is certainly central to the Federal Reserve‘s mandate of ensuring price stability, maximum employment and moderate, long-term interest rates.

Bernanke could alleviate the debt ceiling crisis simply by canceling the debt held on the Fed’s balance sheet.

Global Research

Solution to the “Shutdown”: The Fed Could Simply Cancel $2 Trillion of Government Debt

Egypt Is Descending Into Civil War, But Don’t Expect Obama To Cancel His Golf Vacation

The largest Islamic nation in the Middle East is on the verge of descending into civil war, the Syrian civil war is starting to spill over into Lebanon, and the worst violence in five years has just hit Iraq, but Barack Obama is way too busy to be bothered with any of that.  Right now, Obama is enjoying one of the true loves of his life – golf.  According to the Washington Post, Obama has “played 18 holes of golf every day but one this week”, and without a doubt he appears to really be enjoying his time up in Martha’s Vineyard.  I hear that it is absolutely beautiful up there this time of the year.  And apparently he needs the rest.  After all, prior to this vacation he has only had time to play 133 rounds of golf since becoming president.  Between snubbing world leaders and getting the U.S. economy going again, it must be really tough for Obama to find enough time to sharpen his game.

Of course I am being facetious.  It is absolutely ridiculous how much time Obama takes off, and Congress is even worse.  Congress is taking a five week vacation right now.  Most Americans don’t get that much vacation in an entire year.

Meanwhile, as our leaders enjoy their rest, the Middle East is coming apart at the seams.

In Egypt, authorities say that 638 people are now confirmed dead and another 3,994 people were wounded in the nightmarish violence that erupted in Cairo this week.  Hundreds of bodies remain uncounted by the authorities, and it appears very likely that Egypt is rapidly heading down the path to full-blown civil war…

Angry supporters of ousted president Mohammed Morsi staged protests and burned buildings Thursday as President Obama condemned the violence on both sides and canceled next month’s joint military operations.

The unrest came a day after at least 638 people were killed in violence nationwide, including 43 police officers, the Health Ministry said. Most of the deaths occurred when security forces smashed two pro-Morsi sit-in camps in the capital. In the Nasr City district, 288 people were killed.

The Health Ministry said 3,994 people were injured.

After the police moved on the camps, street battles broke out across Egypt. Government buildings and police stations were attacked, roads were blocked, and Christian churches were torched, Interior Minister Mohammed Ibrahim said.

Sadly, some of the supporters of the Muslim Brotherhood have chosen to express their fury with the government by setting Christian homes, businesses and churches on fire.  According to one report, 18 churches have been torched so far…

Now, with the crackdown on Muslim Brotherhood members by the Egyptian army, Islamist fanatics are taking out their frustrations on Coptic Christians. In the past few days, there has been a spate of attacks on Christian businesses, homes, and churches. As of Wednesday morning, according to local witnesses, at least 18 churches had been destroyed, and fires and riots were continuing to spread in Christian areas, the witnesses said.

This is absolutely despicable, and it is turning out to be one of the worst disasters for Coptic Christians ever recorded.  Over the past few days, Twitter has been absolutely flooded with reports about what has been happening to Christians in Egypt…

Using the hashtag #EgyChurch, Egyptian users of Twitter and other social networks broadcast messages like “Can’t keep up with the number of churches, Christian businesses, and affiliates being attacked by ‘peaceful’ Muslim Brotherhood,” “It’s clear the Copts are having their churches burnt,” and “This is quickly becoming the worst sectarian catastrophe we’ve seen in our lifetimes.”

Meanwhile, the violence in Iraq continues to escalate.  The following is how Reuters described what happened in Baghdad on Thursday…

Car bomb attacks killed at least 34 people in Baghdad on Thursday but the Interior Ministry said it would not allow al Qaeda, which it blames for a surge in sectarian violence, to turn Iraq into another Syria.

More than 100 people were wounded in at least eight blasts, one of which was near the “Green Zone” diplomatic complex, part of a wave of bloodshed that has taken the monthly death toll in Iraq to the highest levels in five years.

“Iraq’s streets have become a battleground for sectarian people who are motivated by hatred and religious edicts and daring to kill innocent people,” the Interior Ministry said in an unusually frank statement.

“It is our destiny to win this battle which is aimed at destroying the country and turning it into another Syria,” the ministry said.

And the absolutely brutal civil war in Syria is now spilling over into Lebanon.  On Thursday, a Shiite stronghold in Beirut was hit by the worst car bomb attack that Lebanon has witnessed in decades…

A powerful car bomb tore through a bustling south Beirut neighborhood that is a stronghold of Hezbollah on Thursday, killing at least 18 and trapping dozens of others in an inferno of burning cars and buildings in the bloodiest attack yet on Lebanese civilians linked to Syria’s civil war.

The blast is the second in just over a month to hit one of the Shiite militant group’s bastions of support, and the deadliest in decades. It raises the specter of a sharply divided Lebanon being pulled further into the conflict next door, which is being fought on increasingly sectarian lines pitting Sunnis against Shiites.

And of course we shouldn’t forget about the war in Yemen either.  Sadly, as Ron Paul recently noted, most Americans don’t even realize what is going on in Yemen…

Most Americans are probably unaware that over the past two weeks the US has launched at least eight drone attacks in Yemen, in which dozens have been killed. It is the largest US escalation of attacks on Yemen in more than a decade. The US claims that everyone killed was a “suspected militant,” but Yemeni citizens have for a long time been outraged over the number of civilians killed in such strikes. The media has reported that of all those killed in these recent US strikes, only one of the dead was on the terrorist “most wanted” list.

This significant escalation of US attacks on Yemen coincides with Yemeni President Hadi’s meeting with President Obama in Washington earlier this month. Hadi was installed into power with the help of the US government after a 2011 coup against its long-time ruler, President Saleh. It is in his interest to have the US behind him, as his popularity is very low in Yemen and he faces the constant threat of another coup.

Unfortunately, this is probably only just the beginning.

The violence in the Middle East is probably going to get much worse, and at some point I expect a major regional war to erupt in the years ahead.

But instead of going back to the White House and at least giving the appearance of being on top of things, Obama plans to continue his golf vacation.

This is so negligent that even the Washington Post is ripping him to shreds…

In a sense, then, Obama might as well play golf. He’s dropped the ball on Egypt and the entire region, leaving the United States with few options and the Egyptian people to a bloody future in the short run and a repressive authoritarian junta in the longer run. This is a policy failure of the highest order.

But this is just par for the course for Obama.

As we learned this week, this is the guy that was actually playing cards during the bin Laden raid…

Despite the picture the White House released showing President Obama intently watching the raid that killed Osama bin Laden, his former “body man” says the president spent most of the raid playing a card game.

“Most people were like down in the Situation Room and [the president] was like, ‘I’m not going to be down there, I can’t watch this entire thing.’ So he, myself, Pete Souza, the White House photographer, Marvin [Nicholson], we must have played 15 games of spades,” former Obama aide Reggie Love said at an event in Los Angeles sponsored by The Artists & Athletes Alliance in July.

Love, who played college basketball and football at Duke University, left the White House in 2011 to attend business school.

You can see video of Obama’s former “body man”, Reggie Love, making these remarks right here.

When it comes to foreign policy, Obama seems to be totally clueless.

So what would happen someday if a major foreign policy crisis erupted that actually seriously threatened our national security?

Would Obama be up to the task?

Let’s hope that we don’t have to find out.

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Egypt Is Descending Into Civil War, But Don’t Expect Obama To Cancel His Golf Vacation