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Daily Archives: September 18, 2012

Economic Statistics for 18 Sep 12

The following US economic statistics were announced today:

The U.S. current account deficit improved sharply to -$117.4 billion in the second quarter from a revised -$133.6 billion in the first quarter.

Net foreign demand for long-term U.S. securities rose from $9.3 billion in June to $676.0 billion in July.

The NAHB housing market index in September rose another 3 points to 40, for the fifth straight rise to the best level since early 2007.

Retail Sales: Redbook reports year-over-year retail sales growth of 2.4%, weaker than last week, but still moderately strong. ICSC-Goldman reports a -2.5% sales decrease from last week, and only a 2.1% increase over last year.

Dale Franks
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Romney’s reaction to the Libya debacle is still not the story

The question is, will the real story ever be told by the media of this country:

After the American media grabbed and held the pro-Obama headlines against Romney’s comments and took Obama’s “Romney shoots first and aims second” quote to iconic proportions, the rest of the world is reporting that the Obama administration knew about the planned-attack on the Benghazi, Libya Embassy where four Americans, including United States Ambassador Christopher Steven was murdered.

That strong allegation needs to be “the story”, not the political-trouncing of Mitt Romney, a man who has nothing to do with the White House, the U.S. Embassy, or the deadly and non-deadly attacks on our United States Embassy’s around the world. “The story” obviously involves the White House and the president within – Barack Obama – not the Massachusetts challenger.

The reporters and bloggers who have made Mitt Romney the story – instead of the attacked-United States Embassy, the innocent Americans who were attacked, and the White House with its president in abstention as he continually treks the campaign trail regardless of the duties left behind in Washington, D.C. – are guilty of letting another American tragedy remain buried.

To me this is the stunner of the month.  It isn’t about what Romney said, it’s about an administration who doesn’t do the elemental things necessary to protect it’s own embassy staff in Libya, even when they knew something was brewing (Word on the street and the anniversary of 9/11?  You don’t have to be a rocket scientist, do you?).

And yet somehow this has all become about Romney?  Meanwhile the administration has said they’re not going to talk about Libya anymore and the media say, “okay”.

You know, it wasn’t too long ago that dissent was the highest form of patriotism, remember?


Yeah, not so much.

But if you want the real story, this is where the press ought to be digging:

Reports from a number of knowledgeable sources are being widely-circulated regarding the United States State Department’s having received knowledge of the attack in Benghazi as early as September 9 – two days before the four Americans were killed. That’s “the story”. There were also similar reports that the attack in Cairo was revealed prior to its occurrence. The knowledgeable sources report that no warning was given to persons in the U.S. Embassies in Cairo or Benghazi after the State Department was warned. In Libya, there were approximately 30 people in the main consulate building who could have been warned but weren’t.

Additionally, Wanis el-Sharef, Libya’s deputy interior minister, told the Associated Press that the heavily armed militants “used” a protest of an anti-Islam film as a “cover” in their deadly attack on the U.S. Embassy while screaming “God is great!”

But instead, page 1 is what Romney said.  Meanwhile, the compliant media accepts the “we’re done talking about it” from the most transparant administration ever.


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