Sunday, October 2, 2011

Rick Santelli's Chicago Tea Party

Rick Santelli's Chicago Tea Party


Is Christie conservative enough for Tea Party?

Posted: 01 Oct 2011 09:15 AM PDT

By Mark Egan, Edith Honan and Steve Holland, Reuters

NEW YORK/WASHINGTON – Is tough-talking Republican Chris Christie tough enough for the Tea Party?

Christie’s potential entry into a 2012 White House race dominated by conservatives would electrify the campaign but trigger scrutiny of his record as a Republican governor in heavily Democratic New Jersey.

Hailed by conservatives for staring down public employee unions in New Jersey, he may face questions about whether his beliefs on such hot-button issues as illegal immigration and climate change match up with the conservative Tea Party movement expected to play an important role in choosing the Republican nominee.

“I think there is an interesting possibility that the more people look at him, the more people will have concerns,” said Ryan Rhodes, chairman of the Tea Party in Iowa, a key early voting state.

“A lot of people see everybody as Superman until they get in the race, and all of a sudden they are just Clark Kent,” Rhodes said.

After ruling out a presidential run for months, Christie is now said to be wavering under pressure from Republican donors unhappy with the current field. The New York Post said he might announce his candidacy as early as Monday.

To read more, visit:  http://www.reuters.com/article/2011/09/30/usa-campaign-christie-idUSS1E78T10J20110930

Ron Paul, ACLU condemn Anwar al-Awlaki killing

Posted: 01 Oct 2011 09:11 AM PDT

By Brian Montopoli, CBS News

White House hopeful Ron Paul and the American Civil Liberties Union each condemned the United States’ killing of Anwar al-Awlaki, an American citizen who has never been charged with any crime.

Paul, a staunch Libertarian, said in New Hampshire Friday that it’s “sad” if “the American people accept this blindly and casually,” adding that “nobody knows if he ever killed anybody,” According to the Wall Street Journal. the Texas Republican lawmaker said United States officials “have never been specific about the crime.”

The ACLU said the killing was a violation of both U.S. and international law.

“As we’ve seen today, this is a program under which American citizens far from any battlefield can be executed by their own government without judicial process, and on the basis of standards and evidence that are kept secret not just from the public but from the courts,” said Jameel Jaffer, deputy legal director for the ACLU. “The government’s authority to use lethal force against its own citizens should be limited to circumstances in which the threat to life is concrete, specific and imminent. It is a mistake to invest the president – any president – with the unreviewable power to kill any American whom he deems to present a threat to the country.”

Added ACLU National Security Project Litigation Director Ben Wizner: “If the Constitution means anything, it surely means that the president does not have unreviewable authority to summarily execute any American whom he concludes is an enemy of the state.”

As the Washington Post reported in January 2010, the Obama administration has elected to continue a post-Sept. 11 Bush administration policy authorizing the CIA and the military to kill U.S. citizens outside the country if there is strong evidence of their involvement in terrorist activities. U.S. officials reportedly maintain lists of citizens who they have the authority to kill. Awlaki’s father unsuccessfully sought a court order last year to keep the government from killing his son.

To read more, visit:  http://www.cbsnews.com/8301-503544_162-20113962-503544.html

Stocks Slump as Quarter Ends

Posted: 01 Oct 2011 09:04 AM PDT

By BRENDAN CONWAY And NEIL SHAH, The Wall Street Journal

Stocks closed out the market’s biggest quarterly drop since the financial crisis in 2008 with a triple-digit dive in the Dow Jones Industrial Average.

The Dow shed 240.60 points, or 2.2%, to 10913.38, after a batch of glum overseas economic data weighed on investor sentiment. Stocks sank into the close, finishing at session lows. The loss capped a 12% third-quarter decline for the Dow, the biggest percentage drop since the first quarter of 2009 and the biggest point swoon since 2008′s fourth quarter. The session also capped the measure’s fifth consecutive monthly drop, the longest such streak since the six months ending in February 2009.

The Standard & Poor’s 500-stock index shed 28.98 points, or 2.5%, to 1131.42, putting the measure’s quarterly loss at 14%. The Nasdaq Composite tumbled 65.36 points, or 2.6%, to 2415.40, for a 13% quarterly fall. The two indexes each also posted their worst quarterly drops since the fourth quarter of 2008.

The materials sector led all S&P 500 sectors lower as it fell 3.7%. Financial stocks weren’t far behind. Two of the Dow’s three worst-performing stocks in the third quarter led the way lower Friday. Hewlett-Packard fell $1.33, or 5.6%, to $22.45, and Alcoa shed 49 cents, or 4.9%, to 9.57.

Utilities and consumer staples, two sectors viewed as defensive, posted the smallest drops.

To read more, visit:  http://online.wsj.com/article/SB10001424052970204138204576602372747929658.html?mod=WSJ_hp_LEFTTopStories

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