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President Obama said that without adoption of his economic "stimulus" bill, unemployment would reach 9 percent -- and never mind that most of the stimulus won't kick in until 2011. Congress dutifully passed the measure, and unemployment has reached 9.4 percent. Could that be why Obama is pressing his Cabinet secretaries to accelerate their stimulus spending?
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Forbes reports on tracking by Eric Singer, a fund manager who compares stock performance when Congress is in session with performance when Congress is adjourned or in recess. According to Singer's data, in the 44 years ended December 31, the S&P 500 was up an average annual .3 percent on the 7,244 days Congress was in session -- and up a stunning 16.1 percent on the 3,821 days it was not. Give Singer a cigar, and send those congressional swells on permanent vacations.
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Oh, and Gitmo? Obama evidently has succumbed to an onslaught by Senate NIMBYs -- Not in My Back Yarders -- who insist terrorists housed at Guantanamo are as radioactive as the nuclear waste rejected for Yucca Mountain in Nevada. The Senators insist Gitmo's 240 jihadists are unwelcome in their state penitentiaries. Having enlisted no cooperating states, Obama is shopping the terrorists to cooperating countries. In this hour of euphemization, what Obamaphiles during the grim Bush II years termed "rendition" of terrorists in foreign prisons -- they now call "repatriation."
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If Obama lands any of Gitmo's jihadists in Kuwait (liberated by the U.S. in the first Gulf War), they might tap to the delightful beat of Kuwaiti dissident Abdullah al-Nafisi. Recently on a recruiting tour, Nafisi brought supporters up to speed on al-Qaeda's efforts to breach the U.S.-Mexico border -- with:
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"Four pounds of anthrax -- in a suitcase this big -- carried by a fighter through tunnels from Mexico into the U.S., are guaranteed to kill 330,000 Americans within a single hour if it is properly spread in population centers there. What a horrifying idea. 9/11 will be small change in comparison. Am I right? There is no need for airplanes, conspiracies, timings, and so on. One person, with the courage to carry 4 pounds of anthrax, will go to the White House lawn and will spread this 'confetti' all over them, and then we'll do these cries of joy. It will turn into a real celebration."
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