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August 2006 Archives

Dramatic growth slowdown looming for the US economy?

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It may be too early to say the Weekly Leading Index (WLI) is pointing toward a recession because the downturn in growth is supposed to be "persistent, pronounced, and pervasive" to indicate a recession is coming. But this is what the early warning signs would look like. Looking closely, you can see both the beginnings of a downward trend and an apparent acceleration of the downward trend. The numbers give every appearance of being an especially significant downturn. One of the seven components of the Weekly Leading Index is equity prices, which conventional wisdom tells us are a great leading economic indicator. When the WLI goes down while equities are going higher, does the divergence tell you something big could be developing. If you think you have a particularly good insight, one way or the other, this would be a good time to position yourself financially.

Red State Patriot

Posted August 28, 2006 03:04 AM    Permalink
Read more on Articles - Red State Patriot ~ Financial Market Commentary

Be Careful Who and What You Vote For

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While walking down the street one day a U.S. Senator was tragically hit by a truck and died. His soul arrived in heaven and was met by St. Peter at the entrance. (If you’re of a secular persuasion, bear with this story for a minute as the point is worthwhile.)

"Welcome to heaven," said St. Peter. "Before you settle in, it seems there is a small problem. We seldom see a high official around these parts, so we're not quite sure what to do with you. Most of your elite peers have chosen to go elsewhere."

"No problem. Just let me in, I'm sure we can work something out." said the Senator.

"Well, I'd like to, but I have orders from higher up. What we’ve decided to do is have you spend one day in Hell and one in Heaven. Then you can choose where to spend eternity."


Read More »

Posted August 25, 2006 03:23 PM    Permalink
Read more on Articles - Red State Patriot ~ Humor

Do Car Sales Indicate An Approaching Recession?

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If sales by new-car dealers are down by two percent or more over 12 months, compared to the 12 previous months and adjusted for inflation, then a recession is either underway or set to begin within a few months. The figure stood at minus 2.4 percent when June 2006 sales figures were released by the Census Bureau. The indicator has correctly called five recessions since 1968, and has never warned of a recession that did not occur, according to an analysis by The New York Times.


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Posted August 22, 2006 04:27 PM    Permalink
Read more on Articles - Red State Patriot ~ Economics and Business

The Mystery of Hate

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Hi all,

For those of you who don't remember, my name is David Bryn, from Israel, and I participated in the Erasmus exchange program on the fall semester of 2005. As most of you probably know we have a war going on in our area. The point of this email is not to open a discussion about which side is right or wrong. About two weeks ago, an Israeli publicist by the name of Yair Lapid published his weekly column. After reading his column, I decided to translate and send it to all my friends outside of Israel, since I think it sheds a little light about our feelings here as Israelis in the wild Middle East.


Read More »

Posted August 19, 2006 08:50 PM    Permalink
Read more on Israel and Middle East

So, Where Do We Stand?

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So, Where Do We Stand?

I always like it when I don’t have to read all the way to the last paragraph to get to the bottom line, so today we begin with the bottom line – actually a number of them covering everything from the Middle East to the Congressional elections in November, 2006.

Beginning with the Middle East, it seems clear that the Hezbollah offensive recently staged in Lebanon for the entertainment of the Muslim ummah (worldwide community) had the principal goal of re-establishing a pro-Syrian-Iranian regime in Lebanon. The Iranian-Syrian strategy to construct a third wing to the Tehran-Damascus axis, a third wing which successfully encloses Israel with hostile Islamic military and terrorist forces, was an unmitigated success.

Israel’s retaliation for Hezbollah’s cross-border-incursion and the kidnapping of two Israeli soldiers and killing eight others (responding to the bait) ended once again in Israel’s portrayal as the aggressor. Israel has withdrawn from Lebanon, a tentative one-sided compliance with a unanimous anti-semitic United Nations resolution - but without recovery of their missing soldiers and without maintaining control of the ground for which they shed considerable Israeli blood.

Predictably, Iran and Syria will not be held accountable for the most recent conflict and will pay no price for their sponsored aggression.


Read More »

Posted August 19, 2006 12:56 AM    Permalink
Read more on Articles - Red State Patriot ~ Israel and Middle East

Predictable Trajectory

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Posted August 15, 2006 11:34 PM    Permalink
Read more on Featured Cartoons ~ National Defense and National Security

Does any serious person believe that Iran will surrender its nuclear ambitions?

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Does any serious person believe that Iran will surrender its nuclear ambitions?

The fact is, US policy makers have little understanding of the mindset in the Islamic world. They may think they understand it on an intellectual level, but they do not have the "feel" for what they are dealing with. Granted, this requires that they abandon virtually every instinctive standard of human interaction into which they have been acculturated over the course of their lives, but it is not an insurmountable task. T.E. Lawrence achieved prominence due to his ability to get inside their thought processes, and convey them to his superiors.

This current lack of insight has profound ramifications for our world in the coming near days. The western world is fast approaching a showdown with Iran's president Ahmadinejad, over what may be the most serious issue of the new millennium, nuclear proliferation, coupled with Islamic terrorism. To the western mind, Ahmadinejad is not acting rationally. He recently called Israel a "permanent threat" to the Middle East that will "soon" be liberated. He also questioned again whether the Holocaust really happened, following up on his earlier denial of the Holocaust. He has recently not only defied the IAEA, but openly declared success at Uranium enrichment, as well as promising to increase his countries rate of production of enriched uranium.


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Posted August 11, 2006 02:37 PM    Permalink
Read more on Articles - David Roth ~ Islam, Terrorism and WMD

Its Scope was Ruthlessly Ambitious

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MSNBC aired on August 10th a news analysis published by the Associated Press (AP) entitled, “Thwarted plot may have been ‘the Big One.’” That AP story began, “Its scope was ruthlessly ambitious, causing destruction officials say would have been “unimaginable.” Now, the rest of the story.

The foiled plot was apparently a plan to destroy, with liquid explosives carried in hand luggage, ten or more international commercial passenger aircraft in flight, all bound from the United Kingdom to the United States. United, American and Continental Airlines were targeted and the flights were scheduled to be in the air at approximately the same time. Each aircraft would have been transporting hundreds of passengers.

The plotters, Muslims who ranged in age from 17 to 35, planned to use false-bottomed sports drink bottles to bring the liquid explosives on board. The terrorists had intended to combine the separated liquids mid-flight to create an explosive solution. The liquid to be used was likely a peroxide-based solution, similar in appearance to water or liquid eyeglass lens cleaner, which could have been detonated by an electronic device as simple as a disposable camera or a portable digital music player.

Counterterrorism officials speculated that the plot not only bore the fingerprints of al-Qaida, but may have been “the Big One” planned for the anniversary of Sept. 11, 2001. According to the AP article, 24 people (predominantly Pakistani Muslim), were arrested and jailed and five remain at large. Terror threat levels were raised in the United States to their highest levels and airport security procedures intensified. Hundreds of flights were canceled worldwide. Dozens of people, possibly as many as 50, could be involved in the plot.

The magnitude of this attack, had it been successful, would have been huge. The terrorist scheme had the classic al-Qaida signature of a well coordinated series of simultaneous attacks. U.S. Homeland Security Secretary Michael Chertoff reinforced those sentiments, saying the attack “… was sophisticated. It had a lot of members and it was international in scope.” For the past several days, the FBI has feverishly looked for any potential ties to terrorists in the U.S., but hasn’t found any.


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Posted August 11, 2006 01:16 PM    Permalink
Read more on Articles - Red State Patriot ~ Islam, Terrorism and WMD

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Does any serious person believe that Iran will surrender its nuclear ambitions?

Does any serious person believe that Iran will surrender its nuclear ambitions? The fact is, US policy makers have...

Read more...

Its Scope was Ruthlessly Ambitious

MSNBC aired on August 10th a news analysis published by the Associated Press (AP) entitled, “Thwarted plot may have...

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