Thank’ee, Bernanke

by Smitty

reversed cart and horse It looks like ‘action’ now means ‘value’:

The Fed would be “prepared to take additional action, obviously, if conditions warranted,” including the purchase of more Treasury securities, Bernanke said yesterday after U.S. central bankers met in Washington.

<shatner_voice>

Farce… the Financial Frontier. These are the voyages of the Federal Reserve. Its five-score-year mission: to explore strange new monetary value depths, to seek out new life in zombie Economics, to boldly go where no man with a shred of policy sense has gone before. . .

</shatner_voice>

Say It Ain’t So, Alcee!

Rep. Alcee Hastings, the Florida Democrat who was elected to Congress after being impeached for bribery as a federal judge, has been accused of sexual harassment:

A congressional ethics panel is investigating allegations that Florida Democratic Rep. Alcee Hastings sexually harassed a member of his staff, according to people familiar with the matter.
The investigation of Mr. Hastings is being conducted by the Office of Congressional Ethics, the House’s independent ethics investigative arm, and it is at a preliminary stage.
It began at least a month ago after Judicial Watch, a conservative group, filed a lawsuit as the legal counsel for Winsome Packer, a staffer on a commission Mr. Hastings headed. She alleged that she had been sexually harassed by the congressman and that he retaliated when she tried to report it.
At the time, Mr. Hastings was chairman of the U.S. Commission on Security and Cooperation in Europe, a group set up in the 1970s to monitor a Cold-War era pact. Ms. Packer, a Republican, also worked for the commission. . . .
In her suit, Ms. Packer made a number of allegations about events she said occurred between January 2008 and Feb. 2010. The congressman pressured Ms. Packer to allow him to stay with her during visits to Vienna, where she was based, and made inappropriate remarks, the suit alleged. In one instance, the suit said Mr. Hastings asked her “what kind of underwear are you wearing” in front of others.

The 36-page lawsuit is available in PDF form. Announcing the lawsuit in March, Judicial Watch president Tom Fitton said: “For two years Hastings subjected Ms. Packer to a never-ending barrage of unwanted sexual advances. And when Ms. Packer tried, time and again, to put a stop to it, he resorted to threats and intimidation to force her compliance.”

Jazz Shaw at Hot Air has a female source who says the congressman “has always behaved in a very professional fashion” around her. The Alcee Hastings bribery case is featured on pp. 17-20 of Donkey Cons: Sex, Crime, and Corruption in the Democratic Party.

LIVE AT FIVE – 06.23.11

TOP NEWS
Obama To Speed Afghan Withdrawal

Pulling out

Surge forces to be out by next summer, remainder of troops by 2014
Plan immediately draws bipartisan fire

Bernanke Urges Caution On Spending Cuts As Fed Predicts Slower Growth
QE2 to end this month as expected


Muted Welcome For Release Of Ai Weiwei
Dissident artist released on bail; can’t talk to media



POLITICS
No Sympathy From Californians For Unpaid Pols

California State Controller John Chiang

Unbalanced budget leads to cutoff of pay, per diem for California Assemblymen; taxpayers apathetic

Gore Blasts Obama For Lack Of Action On Global Warming

AP Poll: Economy Hurting Obama, Public Remains Conflicted

Palin Says Jury Duty Comes Before Bus Tour

President Feels Heat From Gay Donors On Same-Sex Marriage

Barney Frank, Ron Paul Co-Sponsor Marijuana Reform Bill

Michelle Bachmann Officially Running For President

Jews, Muslims Sue To Block SanFran Circumcision Referendum



THE ECONOMY, STUPID
Dollar Rises Against Rivals As Bernanke Frets
Asian Shares Mostly Down On Fed’s Cautious Tone
Transocean Report Blames BP For Gulf Disaster
B&N Digital Plan Pays Off, But Costs Widen Losses
LulzSec Boat Sunk By Other Hackers?
Winklevoss Twins End Facebook Lawsuit
Wyoming Completes Migration To Google Apps
FBI Targets Scareware Rings In US, Europe
Sir Mix-A-Lot Likes Hot Tech More Than Big Butts, And He Cannot Lie



SPORTS
Ducks’ Corey Perry Is Surprise Hart Trophy Winner

Hart Trophy Winner Corey Perry

Forward led Ducks into playoff with 50 goals, 98 points

Astros Tee Off On Neftali Perez In Ninth To Beat Rangers

Lee And Phillies Shut Out Cardinals


Meetings Continue In Quest For NFL Labor Agreement

Astros Closer Lyon Headed For Season-Ending Surgery

Mets’ Ike Davis Healing Slowly

Nationals Beat Mariners 2-1 On Unearned Runs, Reach .500



FAMOUS FOR BEING FAMOUS
Lohan Flunks Booze Test – Back To Court

Slipup with sauce could mean more trouble

Probation Department wants her in jail

Tobey Maguire, Others Sued Over Involvement In Illegal Gambling Ring

Police: Ryan Dunn VERY Drunk At Time Of Crash

Clooney & Canalis Split

Chris Brown Dodges Ticket, Infuriates Gays

Katy Perry Talks Body Image Struggles, Blasts Critics

Glen Campbell Has Alzheimer’s



Whitey Bulger’s Run Is Over: Crime Boss Busted In Santa Monica

Emma Stone Offered “Pride, Prejudice And Zombies”

Jamie Foxx Looming Large In “Django Unchained”

NBC Gives Trump A Raise To $160 Million



FOREIGNERS
Al Qaeda Militants Tunnel Out Of Yemen Jail
Debris From Japanese Tsunami Headed For Pacific Garbage Patch
UK FM: Taliban Still Allied With Al Qaeda
Bahrain Convicts 21 Activists Of Conspiracy
Belfast Flashpoint Largely Quiet After Talks
Geert Wilders Acquitted



BLOGS & STUFF
Andrew Malcolm: Obama’s Speech Fixes A Political Mess Of His Own Making
Don Surber: The First Amendment Isn’t A Get-Out-Of-Jail Card
Weasel Zippers: Dems Accuse GOP Of Deliberately Sabotaging Economy
The Camp Of The Saints: Pablum Puke Of The Day
Lonely Conservative: Barack Obama = Herbert Hoover
NRO Corner: If NY Senate Passes Gay Marriage, It’s The GOP That Will Take The Heat
Power Line: On Liberal Nostalgia
Maggie’s Notebook: CAIR Loses Tax-Exempt Status
Yid With Lid: Is NASA Climate-Change Guru’s Outside Income Affecting His Numbers?


— compiled by Wombat-socho

Iraq Vet Killed by Drunk ‘Jackass’ Buddy

Zachary Hartwell was a 30-year-old Navy veteran who had been married less than a year. In the wee hours of Monday morning, after drinking at a bar in West Chester, Pa., Hartwell made the mistake of climbing into “Jackass” star Ryan Dunn’s Porsche.

Dunn’s blood-alcohol level was .196 — more than twice the legal limit — and his 2007 Porsche 911 GT3 was traveling more than 130 mph before the crash, police said. There was a skid mark more than 100 feet long on Route 322 near the Pottstown Pike exit, which some interpreted as evidence that Dunn slammed on the brakes after overshooting the exit. His car hit a guard rail and flew into the woods, crashing into a tree and bursting into flames. Both Dunn and Hartwell were killed.

Hartwell had worked as a stunt driver on the “Jackass” movies and also appeared in “Minghags,” a 2009 comedy directed by Dunn’s “Jackass” co-star Brandon “Bam” Margera.

Margera visited the crash site Tuesday and said: “[Dunn] was the happiest person ever. He was the smartest guy. He had so much talent. He had so many things going for him. It’s just not right.”

Dunn had been busted for DUI in 2005 after an earlier wreck near the site of Monday’s crash. He and Hartwell had been drinking Sunday night at Barnaby’s, a bar in West Chester where Dunn was said to be a regular. The night turned into a “massive party,” one friend said, when Dunn started buying rounds for the house and reportedly had at least three beers and three shots himself.

When film critic Roger Ebert tweeted about the accident — “Friends don’t let jackasses drink and drive” — it set off a backlash from “Jackass” fans, and Margera responded on Twitter: “I just lost my best friend, I have been crying hysterically for a full day and piece of shit roger ebert has the gall to put in his 2 cents. . . . Millions of people are crying right now, shut your fat fucking mouth!”

Ebert semi-apologized for what he called his “unseemly” comment, saying he “was probably too quick to tweet.”

Show of hands: Who thinks it’s a good idea to drive 130 mph at night while drunk?

Anybody? I didn’t think so.

UPDATE: Video interview with Margera:

SOURCES:


Al Gore, Population Control Expert

“One of the things we could do about [global warming] is to change the technologies, to put out less of this pollution, to stabilize the population, and one of the principle ways of doing that is to empower and educate girls and women. You have to have ubiquitous availability of fertility management so women can choose how many children have, the spacing of the children . . . and when that happens, then the population begins to stabilize and societies begin to make better choices and more balanced choices.”
— Al Gore, “Games for Change” conference keynote speaker

If the former vice-president can masquerade as an authority on environmental science — even winning a Nobel Prize for his climate-change fear-mongering — why shouldn’t he venture into family-planning and other fields where lesser mortals are in need of his all-purpose expertise? So now, thanks to Al Gore, we know what the most dangerous threat to the planet looks like: Continue reading Al Gore, Population Control Expert →

O.J. Confesses … to Oprah?

Evidently he told one of her producers in a jailhouse interview that, indeed, he killed his ex-wife Nichole and her friend Ron Goldman.

We already knew he did it. Now he’s reportedly claiming that these heinous murders were committed in self-defense.

Because those white bitches, they’re so dangerous, see? Unless you cut their throats from ear-to-ear, you’re never really safe.

Don Surber cautions that this story is based on a National Enquirer report.

IRS Strips CAIR of Charity Status

About damned time, too:

Donations to the Council on American-Islamic Relations (CAIR) no longer are tax deductible after the organization was among 275,000 tax-exempt organizations purged earlier this month by the Internal Revenue Service.
The groups failed to file required annual reports, known as form 990s, detailing their revenues and expenses, for three consecutive years. CAIR had been a non-profit on its own, but in 2007, the IRS approved a separate tax-exempt CAIR Foundation. The foundation never filed any subsequent reports. Both the foundation and CAIR national are on the purge list.

(Via Memeorandum.)

Palin Parks Her Bus

Scott Conroy of Real Clear Politics — who got an early scoop about the Sarah Palin documentary The Undefeated — seems mystifed by the pause in her “One Nation” bus tour:

Though Palin and her staff never announced a timeline for the remaining legs of her trip, aides had drafted preliminary itineraries that would have taken her through the Midwest and Southeast at some point this month. But those travel blueprints are now in limbo, RCP has learned, as Palin and her family have reverted to the friendly confines of summertime Alaska . . .
More than a few of Palin’s core supporters have grown impatient and confused about her strategy, venting their frustration on Internet fan sites.
The former governor herself has consented to only one interview since her East Coast jaunt ended early this month, and her lack of recent public activity has generated a host of rumors about what her next step might be. Last week, the American Spectator, citing a single and unnamed Republican source, claimed that her presidential decision was imminent. Palin shot this speculation down immediately, but she didn’t counter it with anything definitive.
And earlier this week, some of her staunchest supporters grew concerned about gossip suggesting that she had reached out to Texas Gov. Rick Perry about lending her support to his potential presidential run. . . .

It wasn’t “speculation.” What I reported was a fact: Certain people were told to expect a decision this week, although whether they were told this with Palin’s authorization (or knowledge) is obviously a question mark.

However, Conroy notices what I noticed: Palin’s response was not “anything definitive,” so tea-leaf readers would naturally find signficance in the fact that Palin’s bus tour itinerary is now in “limbo.”

Speculation and gossip are common enough, and the Palin-Perry deal was a topic that got kicked around among some of those who attended last week’s Right Online conference. But nobody I talked to claimed to have any specific knowledge about that, so I didn’t write about it.

If I may be permitted to play the tea-leaf reader, the uproar generated by my American Spectator item last week exposed one obvious truth: Once Palin makes a decision, her decision won’t stay a secret very long.

So count this as “speculation,” if you will: Formally announcing a genuine presidential campaign will require the involvement of dozens of people, and if Palin is moving in that direction, someone involved in the process will somehow (perhaps accidentally) tip off the media’s Palin-watchers and the news will leak. On the other hand, if we don’t see any such signals of an impending announcement, we are then likely to start seeing leaks to the effect that Palin has decided against running.

One final tea leaf to consider: Sarah Palin hasn’t posted a new Twitter message since Sunday.

UPDATE: Obviously, she’s reading my blog. At 4:12 p.m. ET, I mentioned she hadn’t Tweeted in three days, and at 4:31 p.m., she started Tweeting up a storm, including this:

She’s also promoting Bristol’s new book, Not Afraid of Life: My Journey So Far.

UPDATE II: Dave Weigel proposes a new philosophical principle he calls Palin’s Razor: The simplest explanation for what Sarah Palin does is most likely that she is Sarah Palin.