Free Markets, Free People

Daily Archives: September 20, 2012

But not until AFTER the election …

That’s when, if he wins, Obama promises to be “more flexible”:

The Obama administration is weighing the release of blind Sheik Omar Abdel-Rahman — the spiritual adviser to the 1993 World Trade Center bombers — in a stunning goodwill gesture toward Egypt that has touched off a political firestorm, officials said yesterday.

The Egyptian government “asked for his release,” an administration source told The Post — and Rep. Peter King (R-LI) confirmed the request is being considered.

The White House, State Department and Justice Department each issued statements denying any deal is in the works, but, “There’s no way to believe anything they say,” said Andrew McCarthy, the former assistant US attorney who prosecuted Abdel-Rahman. “I believe there may already be a nod-and-wink agreement in place.” Abdel-Rahman, 74, was convicted in 1995 of plotting terror attacks throughout the city and is locked away in the medical wing of the Butner Federal Correctional Institution in North Carolina.

That would rock the house, wouldn’t it?  Wonder what the Egyptians are promising … not to attack the Embassy anymore?  Or to at least try to protect it?

This crew in the White House really needs to go home in a few months.


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Why the UN is a disgrace and an enemy of freedom

Primarily it is about attitude.  And that additude translates into action.  Forget the words they mumble, consider what they do.

Sometimes, though, the words tumble out and give you a real peek behind the mask.  UN Secretary General Ban Ki Moon did some mumbling the other day which is a prime indicator of why the UN is both a disgrace and a threat to freedom.  He spoke about “freedom of speech”.  And, apparently learning from Obama, he tries to have it both ways, but in the end it is clear he really doesn’t consider speech a “freedom” or a “right” so much as a privilege that he and others like him get to define and limit:

“Freedoms of expression should be and must be guaranteed and protected, when they are used for common justice, common purpose,” Ban told a news conference.

“When some people use this freedom of expression to provoke or humiliate some others’ values and beliefs, then this cannot be protected in such a way.”

“My position is that freedom of expression, while it is a fundamental right and privilege, should not be abused by such people, by such a disgraceful and shameful act,” he said.

Note all the caveats and conditions.  Who gets to define “abuse”?  Where did this right not to be humiliated come from?  And since when does that pseudo “right” trump freedom of speech?

I’ll tell you when – when despots so decide it does, that’s when.

And the UN is a collection of despots seeking power, which, thankfully, been mostly denied over it’s history. But in this topsy-turvy world, I wouldn’t be surprised to see them gather more and more over time.

The only person in this scenario who should be disgraced and ashamed is the UN’s Secretary General after those disgusting thoughts were uttered.

The more I watch the utter nonsense that’s going on in this country and the world these days, the more I begin to think that Orwell just missed it by a few decades.



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Economic Statistics for 20 Sep 12

The following US economic statistics were announced today:

The general business conditions index of the Philadelphia Fed’s Business Outlook Survey improved to –1.9 for its September reading versus minus –7.1 in August. The improvement comes mainly from a big jump in new orders.

Initial jobless claims for last week were down 3,000 to 382,000, though this "drop" is mainly an artifact of last week’s number being revised upwards by 3,000. The 4-week average rose 2,000 to 377,750. Continuing claims fell 32,000 to 3.272 million.

The Markit PMI manufacturing flash index for September fell very slightly, down –0.4 points to 51.5, as factory activity continues to grow modestly.

The Bloomberg Consumer Comfort Index rose to –40.8 from last week’s –42.2, continuing a long, slow, less negative trend.

The Conference Board’s index of leading indicators in July fell –0.1%, following last month’s rise of 0.4%, but still the third decline in the past five months.

Dale Franks
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