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Friday, September 11, 2009

Remember 9/11 - Never Forget

SEARCH BLOG: TERRORISM

Remember who are our friends... and who are not... and don't confuse the two.

Now, just a few dots to connect.

First this...

According to border patrol officials, including Sheriff D'Wayne Jenigan of Del Rio, Texas, thousands of Special Interest Aliens (SIAs), with the help of Mara Salvatrucha "coyotes," have made their way across the Mexican border and into the land of the free and the home of the brave. Such SIAs come from countries that pose national security concerns: Saudi Arabia, Syria, Iran, Pakistan, Afghanistan, Egypt, Somalia, Yemen, Jordan, Lebanon, and even Iraq.

The routes used by illegal aliens to enter the U.S. have become littered with discarded Muslim prayer blankets, pages from Islamic texts, and Arabic newspapers. Law enforcement officials have named such passageways "terrorists' alleys" and a street leading north from the city of Douglas, Arizona, as "Arab Road."

Read more....

And then this...

PHOENIX -- As of 10 p.m. on Friday night, Maricopa County Sheriff Joe Arpaio says the federal government released nine "illegal immigrants" arrested in a crime sweep because their arrests didn't fit new Department of Homeland Security policies.

On Thursday three were caught and released, "into the dark night," Arpaio said.

The other six were caught and released on Friday.

Because the nine people had committed no other criminal or civil violations other than coming into the United States illegally, Sheriff Arpaio said his deputies were instructed by federal Immigration and Customs Enforcement (ICE) agents to let them go free.

Sheriff Arpaio believes this new attitude is because of a recent change to the agreement between law enforcement agencies like MCSO and the federal immigration program known as 287G.

Read more....

And then this...

Your Federal government at work for you... well, maybe not you. Just to be sure that nobody tries to mess with "undocumented aliens" [that's the buzzword used by VP Biden the other day], the Feds plan to make an example of Sheriff Arpaio...

The Department of Justice is actually bringing deported illegal aliens back to the U.S. to be witnesses in a civil rights investigation of an Arizona sheriff’s department that enforces immigration law through a federal partnership.

Read more....

Excuse me... what "civil rights" do people who are not citizens or legally in the U.S. and are breaking Federal laws have? What about the civil rights and possibly the safety of our citizens that are being threatened by Federal government workers and managers who refuse to enforce the laws of this nation?

And finally this...
The man who predicted 9/11 is worried that its sequel is imminent.

"Muslims that I talk to say things like, 'America thinks they're safe now. They've forgotten about 9/11. But watch, Daniel [J. Hill]. Stay near your TV. It's going to be bigger than 9/11,' " he said.

Hill said the next terrorist attack will involve suitcase nuclear bombs that will be detonated in small, low-flying two-seater private airplanes manned by men hanging onto the belief that, like the 9/11 hijackers, they are about to die as martyrs and enter paradise.

...
"I don't know the second, hour or day. I just know they have the means, will, motivation and desire to do it," he said, noting that it's believed that years ago the suitcase nukes, acquired from former USSR operatives, were smuggled into America across the Mexican border.

Read more....
Are all illegals dangerous? No, most are just seeking to leave their own countries and want the opportunities in ours. Are some illegals dangerous? Yes.

The problem is that ICE/Homeland Security seems to take the position that "no harm, no foul." What are they going to say when we receive a really "hard foul?" This isn't basketball and we won't get "free throws" after a "hard foul." Ejecting them after a "hard foul" will be far too little and far too late.Connect the dots yourself....

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There is always an easy solution to every human problem—neat, plausible, and wrong.
Henry Louis Mencken (1880–1956)
“The Divine Afflatus,” A Mencken Chrestomathy, chapter 25, p. 443 (1949)
... and one could add "not all human problems really are."
It was beautiful and simple, as truly great swindles are.
- O. Henry
... The Government is on course for an embarrassing showdown with the European Union, business groups and environmental charities after refusing to guarantee that billions of pounds of revenue it stands to earn from carbon-permit trading will be spent on combating climate change.
The Independent (UK)

Tracking Interest Rates

Tracking Interest Rates

FEDERAL RESERVE & HOUSING

SEARCH BLOG: FEDERAL RESERVE for full versions... or use the Blog Archive pulldown menu.

February 3, 2006
Go back to 1999-2000 and see what the Fed did. They are following the same pattern for 2005-06. If it ain't broke, the Fed will fix it... and good!
August 29, 2006 The Federal Reserve always acts on old information... and is the only cause of U.S. recessions.
December 5, 2006 Last spring I wrote about what I saw to be a sharp downturn in the economy in the "rustbelt" states, particularly Michigan.
March 28, 2007
The Federal Reserve sees no need to cut interest rates in the light of adverse recent economic data, Ben Bernanke said on Wednesday.
The Fed chairman said ”to date, the incoming data have supported the view that the current stance of policy is likely to foster sustainable economic growth and a gradual ebbing in core inflation”.

July 21, 2007 My guess is that if there is an interest rate change, a cut is more likely than an increase. The key variables to be watching at this point are real estate prices and the inventory of unsold homes.
August 11, 2007 I suspect that within 6 months the Federal Reserve will be forced to lower interest rates before housing becomes a black hole.
September 11, 2007 It only means that the overall process has flaws guaranteeing it will be slow in responding to changes in the economy... and tend to over-react as a result.
September 18, 2007 I think a 4% rate is really what is needed to turn the economy back on the right course. The rate may not get there, but more cuts will be needed with employment rates down and foreclosure rates up.
October 25, 2007 How long will it be before I will be able to write: "The Federal Reserve lowered its lending rate to 4% in response to the collapse of the U.S. housing market and massive numbers of foreclosures that threaten the banking and mortgage sectors."
November 28, 2007 FED VICE CHAIRMAN DONALD KOHN
"Should the elevated turbulence persist, it would increase the possibility of further tightening in financial conditions for households and businesses," he said.

"Uncertainties about the economic outlook are unusually high right now," he said. "These uncertainties require flexible and pragmatic policymaking -- nimble is the adjective I used a few weeks ago."
http://www.reuters.com/

December 11, 2007 Somehow the Fed misses the obvious.
fed_rate_moves_425_small.gif
[Image from: CNNMoney.com]
December 13, 2007 [from The Christian Science Monitor]
"The odds of a recession are now above 50 percent," says Mark Zandi, chief economist at Moody's Economy.com. "We are right on the edge of a recession in part because of the Fed's reluctance to reduce interest rates more aggressively." [see my comments of September 11]
January 7, 2008 The real problem now is that consumers can't rescue the economy and manufacturing, which is already weakening, will continue to weaken. We've gutted the forces that could avoid a downturn. The question is not whether there will be a recession, but can it be dampened sufficiently so that it is very short.
January 11, 2008 This is death by a thousand cuts.
January 13, 2008 [N.Y. Times]
“The question is not whether we will have a recession, but how deep and prolonged it will be,” said David Rosenberg, the chief North American economist at Merrill Lynch. “Even if the Fed’s moves are going to work, it will not show up until the later part of 2008 or 2009.
January 17, 2008 A few days ago, Anna Schwartz, nonagenarian economist, implicated the Federal Reserve as the cause of the present lending crisis [from the Telegraph - UK]:
The high priestess of US monetarism - a revered figure at the Fed - says the central bank is itself the chief cause of the credit bubble, and now seems stunned as the consequences of its own actions engulf the financial system. "The new group at the Fed is not equal to the problem that faces it," she says, daring to utter a thought that fellow critics mostly utter sotto voce.
January 22, 2008 The cut has become infected and a limb is in danger. Ben Bernanke is panicking and the Fed has its emergency triage team cutting rates... this time by 3/4%. ...

What should the Federal Reserve do now? Step back... and don't be so anxious to raise rates at the first sign of economic improvement.
Individuals and businesses need stability in their financial cost structures so that they can plan effectively and keep their ships afloat. Wildly fluctuating rates... regardless of what the absolute levels are... create problems. Either too much spending or too much fear. It's just not that difficult to comprehend. Why has it been so difficult for the Fed?

About Me

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Michigan, United States
Air Force (SAC) captain 1968-72. Retired after 35 years of business and logistical planning, including running a small business. Two sons with advanced degrees; one with a business and pre-law degree. Beautiful wife who has put up with me for 4 decades. Education: B.A. (Sociology major; minors in philosopy, English literature, and German) M.S. Operations Management (like a mixture of an MBA with logistical planning)