Rick Santelli's Chicago Tea Party |
- Global Economic Rebound Weakens on Quake, Oil Price, European Debt Crisis
- Patriot Act clears House, Senate
- New LAPD Patrol Car To Sport Infrared Night Vision, License Plate Scanner
- Sarah Palin readies bus tour amid 2012 speculation
- First tea party, now tequila party – a Latino effort to get out the vote
- Rand Paul’s Epic Speech Against The Patriot Act
- McCotter Floor Remarks on Obama: So this is what change looks like…
| Global Economic Rebound Weakens on Quake, Oil Price, European Debt Crisis Posted: 27 May 2011 09:45 AM PDT By Simon Kennedy, Bloomberg.com The world economy is losing strength halfway through the year as high oil prices and fallout from Japan's natural disaster and Europe's debt woes take their toll. Goldman Sachs Group Inc. now expects global economic growth of 4.3 percent in 2011, compared with its 4.8 percent estimate in mid-April, while UBS AG has cut its projection to 3.6 percent from 3.9 percent in January. Downside risks also include a shift to tighter monetary policy in emerging markets. "The world economy has entered a softer patch with the incoming growth data mostly disappointing," said Andrew Cates, an economist at UBS in Singapore. "We suspect this soft patch will endure for longer." Data this week backed that outlook as reports showed Chinese manufacturing expanding at the slowest pace in 10 months, orders for U.S. durable goods dropping the most since October and confidence among European executive and consumers sliding for the third straight month. Investors are tuning in, pushing the MSCI World Index of stocks in advanced economies down 4.2 percent this month. Goldman Sachs economists led by Dominic Wilson and Jan Hatzius said in a May 25 report they now expect "less upside in equities" with their colleagues reducing price targets for most of the major regions even though they still anticipate another 10 percent gain in developed markets this year. The concern comes as leaders from the Group of Eight conclude a summit in Deauville, France, with a statement that declared the world economy is "gaining strength" and that its recovery will pave the way to debt reduction. They identified commodity prices as a "significant headwind" to expansion. To read more, visit: http://www.bloomberg.com/news/2011-05-27/global-economic-rebound-weakens-on-quake-oil-price-european-debt-crisis.html |
| Patriot Act clears House, Senate Posted: 27 May 2011 09:41 AM PDT By SCOTT WONG, Politico.com Capping a week of political bickering and parliamentary delays, the House joined the Senate on Thursday to pass a four-year extension of key provisions of the Patriot Act that was set to expire at midnight. Because President Barack Obama was traveling in Europe, he signed the bill into law using an autopen, a machine that replicates the president's signature. The House voted 250-153 to renew three parts of the counter-terrorism surveillance law. Thirty-one House Republicans joined most Democrats in opposing the extension, while 54 Democrats supported it. Hours earlier, the bill cleared the Senate on a 72-23 vote, with 19 Democrats and four Republicans voting no, mostly over concerns the Patriot Act violates personal privacy and civil liberties. Freshman Sen. Rand Paul (R-Ky.), a Patriot Act opponent who had used procedural tactics to delay a final vote on the bill for much of the week, eventually worked out a deal with Senate Majority Leader Harry Reid (D-Nev.) to get votes on two of his amendments – but not before Reid accused the libertarian, tea-party darling of "political grandstanding" and trying to protect terrorists. To read more, visit: http://www.politico.com/news/stories/0511/55803.html |
| New LAPD Patrol Car To Sport Infrared Night Vision, License Plate Scanner Posted: 27 May 2011 09:38 AM PDT CBS Los Angeles.com LOS ANGELES (CBS) — If you thought the patrol car in the 1987 action movie "Robocop" was high-tech, wait until you see what L.A.'s finest will be soon be driving. AOL's Translogic caught a sneak peek of the new squad car of choice for the Los Angeles Police Department: the Chevrolet Caprice Police Patrol Vehicle (PPV). Billed as the "sum total of all the law enforcement community has learned about patrol cars to date" by the report, the PPV boasts a 6.0L V-8 engine with 355 horsepower, 18-inch steel wheels, and a host of gadgets that puts any Hollywood squad car to shame. The Caprice, which replaces the long-used Ford Crown Victoria, is equipped with an infrared night vision camera, automated license plate scanner, and a touch-screen center console that replaces the older computers traditionally used by officers. In addition to horsepower and firepower, the cruiser is also outfitted with the latest in information technology, with ethernet, Wi-Fi and an experimental wireless-mesh network in the trunk. Even the bad guys can ride in comfort: cut-outs in the back seat are custom-made to accommodate any handcuffed suspect. LAPD officials say vehicle wrapping was used on all-black sedans instead of traditional paint to minimize repair expenses and protect resale value. This brings the expected taxpayer cost to be about $20,000. To read more, visit: http://losangeles.cbslocal.com/2011/05/26/new-lapd-patrol-car-to-sport-infrared-night-vision-license-plate-scanner/ |
| Sarah Palin readies bus tour amid 2012 speculation Posted: 27 May 2011 09:33 AM PDT By Dan Balz, WashingtonPost.com Former Alaska governor Sarah Palin (R), who has been largely out of the public eye through much of the spring, will reemerge Sunday as she begins a national bus tour that will put her back in the spotlight and no doubt renew speculation about a possible presidential bid. The tour, the first of what will be a series of such journeys over a period of weeks, will start on Sunday in Washington at the annual Rolling Thunder motorcycle rally and work its way north along the East Coast. She will visit other parts of the country later, stopping at symbolically important sites in the nation's history. Palin advisers declined to provide additional details of the itinerary, but the trip will include a stop in New Hampshire. They also would not engage questions about whether the tour is a precursor to a presidential campaign. Asked the purpose of the trip, Tim Crawford, the treasurer of Palin's PAC, said, "Because she wants to see how this nation was built and get fired up about that." On her Web site, Palin wrote: "I've said many times that America doesn't need a 'fundamental transformation,' instead we need a restoration of all that is good and strong and free in America! So, together let's prepare ourselves for the days ahead by reminding ourselves who we are and what Americans stand for." Up to now, most Republican strategists have assumed that Palin, the Republican vice presidential nominee in 2008, would not seek the presidency in 2012. Many still doubt she will. At a time when the GOP nomination battle has moved into a new phase, Palin has been mostly absent from the scene. She is also weaker politically than she was at the start of the year. She has made no trips this year to Iowa, New Hampshire or South Carolina, the three most important early states on the nomination calendar. She also is not said to be reaching out to potential fundraisers or to grass-roots activists. To read more, visit: http://www.washingtonpost.com/politics/palin-readies-east-coast-tour-amid-presidential-speculation/2011/05/26/AGGhZ5BH_story.html |
| First tea party, now tequila party – a Latino effort to get out the vote Posted: 27 May 2011 09:30 AM PDT By Lourdes Medrano, csmonitor.com Simmering frustration among Latino voters has prompted a tea party-style endeavor that's intended to boost the political influence of America's fastest-growing minority group. "We want to motivate Latinos to vote," says Belinda "DeeDee" Blase, spokeswoman for the fledgling National Tequila Party Movement, which has adopted a nonpartisan stance. "[Democrats and Republicans] don't take us seriously because we don't vote consistently." Through rallies and concerts in at least 20 states, the group wants to mobilize Latinos to vote in record-breaking numbers in the 2012 election. The idea is to issue a wake-up call to both parties – Democrats for taking the Latino vote for granted and Republicans for pushing policies that adversely affect the Hispanic community. A kickoff rally will be held in downtown Tucson, Ariz., on June 4. The number of Latinos eligible to vote went from 13 million in 2000 to 21 million in 2010. But just 31 percent of Latinos cast a ballot in the recent midterm elections, compared with nearly 49 percent of whites and 44 percent of blacks, according to a Pew Hispanic Center survey. The tequila party wants to change that equation and make Latinos an attention-getting voting bloc, says Ms. Blase, who is also president of Somos Republicans, a national advocacy group based inScottsdale, Ariz. To expand the tequila party effort in various states, Blase plans to tap into the existing structure of Somos Republicans. And some Somos Republicans representatives have already formed alliances with Democrats and Hispanic political activists that could help advance the tequila party’s goals, she adds. To read more, visit: http://www.csmonitor.com/USA/Politics/2011/0525/First-tea-party-now-tequila-party-a-Latino-effort-to-get-out-the-vote |
| Rand Paul’s Epic Speech Against The Patriot Act Posted: 27 May 2011 09:08 AM PDT |
| McCotter Floor Remarks on Obama: So this is what change looks like… Posted: 27 May 2011 09:07 AM PDT |
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