Lex Lowther

During her historic run for the presidency in 2008, former New York Senator and current Secretary of State, Hillary Clinton gushed over admitted swindler Norman Hsu’s support of her presidential campaign and predicted she would win the race because he would “single-handedly…make that happen,” according to an audio tape played in court Tuesday.

In the voicemail recording, played in Manhattan Federal Court, Clinton praises the Democratic fundraiser for his tireless work on her bid to become president.

“Norman! It’s Hillary,” the nearly one minute message begins. “What am I going to do with you Norman? You are working so hard for me, I don’t know what to say anymore.”

“I’ve never seen anybody who has been more loyal and more effective and really just having greater success supporting someone than you,” Clinton said.

“Everywhere I go, you’re there. If you’re not, you’re sending people to be part of my events. You know, we’re going to win this campaign, Norman, because you single-handedly are going to make that happen,” then Senator Clinton tells Hsu, who is accused of making illegal campaign contributions.

Full Article: Link

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If he had only crooked the system a bit more maybe she would be President and he’d have a shot at a pardon.

LEX

When some unknown sucker bites the big one after catching swine flu it’s a loss but no great tragedy to society at large. However, when one of Hollywood’s elite dies from something as sinister as this global killer, we should all grieve and someone has to pay.

This first death from Swine flu is something that will stick in the minds of most Americans without a doubt. The police aren’t listing the name of the celebrity and have only listed the picture below:

Just so those of you still gasping for breath can breathe a bit easier, rest assured the police have made an arrest in this case as foul play is indeed suspected.

Motive is unknown and bail has not been set pending further investigation.

LEX

A computer hard drive sold on eBay reportedly had “details of top secret U.S. missile defense system.”

Attention bidders, all winners will be notified by email.

According to reports from Great Britain, highly sensitive details of a US military missile air defence system were found on a second-hand hard drive bought on eBay.

 The test launch procedures were found on a hard disk for the THAAD (Terminal High Altitude Area Defence) ground to air missile defence system, used to shoot down Scud missiles in Iraq.

The disk also contained security policies, blueprints of facilities and personal information on employees including social security numbers, belonging to technology company Lockheed Martin - who designed and built the system.

British researchers found the data while studying more than 300 hard disks bought at computer auctions, computer fairs and eBay.

The experts also uncovered other sensitive information including bank account details, medical records, confidential business plans, financial company data, personal id numbers, and job descriptions.

Full Article: Link

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Nice to know that ahem….Big Brother is watching huh. This sort of puts a dent in the conspiracy morons who buy into that sort of stuff. Unless perhaps Big Brother was running low on dough and needed to hawk a few items.

LEX

One thing that I notice is that in modern politics free spending fiscal liberalism almost always gets a pass. One reason is that perhaps it’s nearly impossible to see who’s the biggest fiscal liberal. Is it the left wing whackjobs to the left who are trying to pay for every social policy under the sun or is it the trickle down, corporate welfare types who’ve ruled the roost for much of the last few decades?

Don’t get me wrong, liberal is in my opinion is not a dirty word in and of itself. Fiscal liberalism on the other hand is a whole different story. I took the time to gather data from the treasury department website on government spending and found some interesting things. I found that while the left and right are absolutely guilty of fiscal liberalism, one side of the aisle is far more guilty of shoveling debt on the rest of us.

I took a look back at Presidential terms, starting with the Carter administration and made note of who held a majority in the house and senate. I also noted the deficit that was run during the period. A summary of the collected data is illustrated in the chart below (Click the image below to enlarge) :

 While it looks resoundingly like Republicans run the largest deficits based on who’s holding the Presidency. In reality there’s quite a bit of a blame game. In reality the President submits a budget to Congress which lays out the President’s priorities, and includes details as to how much money he wants allocated to each federal program. The budget request also usually sets forth the President’s wishes with regard to reducing or raising taxes. Any President wanting to shift blame can easily blame Congress as Congress has the “power of the purse” and it is Congress’s job to actually write and pass the budget. The House budget then goes to the Senate and then is later approved and signed by the President. In reality all three parties have to reach an agreement in order for a budget to pass and therefore share, to varying degrees, blame for running deficits and for growing the national debt. The one thing the data does show is that under Republican president’s deficits tend to run larger. It’s a sad fact as, at one time, I thought Republicans might be the least fiscally liberal party but history seems to show otherwise. You thoughts?

LEX

WASHINGTON (AP) - One day after saying he wouldn’t travel in tight quarters because of the swine flu scare, Vice President Joe Biden rode a train Friday from Washington to Delaware.

Known for “speaking freely”(aka not thinking before letting his gums flap), Biden told NBC’s “Today” show on Thursday that he had urged family members to avoid airplanes and subways for fear of contracting the H1N1 flu virus.

“I wouldn’t go anywhere in confined places now,” Biden said. The comments infuriated the travel industry and triggered several revisions from the Obama administration, whose official advice is less severe.

Homeland Security Secretary Janet Napolitano commented, “If he could say that over again, he would say if they’re feeling sick, they should stay off of public transit or confined spaces.”

By Friday night, Biden seemed ready for his own do-over. A longtime rider of Amtrak, he took a train from Union Station to his Delaware home, his office said.

Article: Link

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The more Biden speaks, the more I begin to hope he’s not in charge of anything that’s mission critical. He obviously has an internal panic button that can be depressed at the drop of a hat. Leaders should lead and that doesn’t mean they should feed into the fearmongering that’s been going on in an effort to create mass panic. Hopefully Obama has some duck tape handy.

LEX

Served up courtesy of MADtv…a look at the terminator that was sent back to protect our future.

LEX

Given all the panic, I thought I would make the following offering as a Public Service Announcement. Follow the advice below and you’re sure to be living high on the hog well after the swine flu fades into yesterday’s news.

On a closing note, there are many out there cashing in big time by shorting pork bellies (LINK)

LEX

All the government borrowing programs aimed at increasing liquidity have some economists worried that there could be a steep price to pay down the road-especially for borrowers.

The influx of cash that government borrowing will push into the economy is expected to cause inflation, which in turn will send up interest rates. As savings stagnate and unemployment rises, already-burdened consumers and businesses may not be able to afford to borrow at those rates.

“The prescription of massive debt, of money printing, of releveraging the economy, is exactly what engendered the depression of 2008, and all of the remedies are the same virus that killed us,” says Michael Pento, chief economists at Delta Global Advisors in Huntington Beach, Calif. “You’ve exacerbated everything that went wrong in the beginning. You’re increasing the money supply and you’re releveraging the economy.”

“Crowding out,” an economic term that pops into view during times of inflation, is being discussed more as government cash is set to flood the marketplace in the months ahead. The phenomenon would be felt in several ways-through savings as well as borrowing.

And while the coast seems clear for the moment-credit spreads have narrowed slightly and borrowing seems at least anecdotally to be on the rise-there’s fear that the cure for the credit blues could be worse than the disease.

For investors, buying corporate bonds and their gaudy yields of 7 percent or more helps provide safety and returns that could offset the cost of borrowing. Stocks and other assets also could benefit because dollar-denominated assets will do well as rising interest rates push up the value of the dollar and discourage hoarding cash. And as the appetite for risk grows, investors will ditch Treasurys and head for higher returns.

Full Article: Link

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While someone needs to stop the clowns in DC from creating more red ink, I’m thinking that it’ll take more than Jim Carey’s parting of the red soup trick to pull it off. Next election I say we vote against any incumbent that’s running for reelection  or for another office that’s served for the past 10 years or more. We sincerely need to purge the hangers on in DC.

LEX

Eminen’s new video “We Made You” mocks women who have dominated the news in the last year. Set up as a spoof of the Bret Michaels reality show Rock Of Love, Em pokes fun of Britney Spears, Lindsay Lohan, Kim Kardashian, Jessica Simpson, Jennifer Aniston, Amy Winehouse, Ellen DeGeneres and Sarah Palin.

Though critics can find fault with all of the portrayals, The O’Reilly Factor host Bill O’Reilly defends just one of the women-Sarah Palin, the Alaska Governor who was the 2008 Republican vice presidential candidate.

Full Article: Click Here

The Eminem video:

As a reminder of Bill O’Reilly’s moral high ground, here’s a blast from his hypocritical past (Please note: Children and those easily offended by explicit language or just Bill O’Reilly in general, should not click on the video below):

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On a closing note, if Bill O’Reilly does call something perverse or someone perverted, I’m thinking he could be right. After all……it usually takes one to know one.

LEX