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WSJ

The furor over President Obama's trillion-dollar restructuring of American health care has left his other trillion-dollar plan starved for attention. That's how much the federal balance sheet will expand over the next decade if Mr. Obama can convince Congress to approve his pending takeover of the student-loan market. The Obama plan calls for the U.S. Department of Education to move from its current 20% share of the student-loan origination market to 80% on July 1, 2010, when private lenders will be barred from making government-guaranteed loans. The remaining 20% of the market that is now completely private will likely shrink further as lenders try to comply with regulations Congress created last year. Starting next summer, taxpayers will have to put up roughly $100 billion per year to lend to students. *** For decades, loans carrying a federal guarantee have been the most common way of borrowing for college. After raising money in the private capital markets, lenders m

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BradBlog.com

Alluding to the assassination of JFK, long-time high-level CIA analyst says Panetta and the President 'afraid of these guys because these guys have a whole lot to lose if justice takes its course'... if (window.document.getElementById('post-7408')) window.document.getElementById('post-7408').parentNode.className += ' adhesive_post';

During my interview last night with 27-year CIA analyst Ray McGovern on the Mike Malloy Show (which I've been guest hosting all this week), the man who used to personally deliver the CIA's Presidential Daily Briefings to George Bush Sr., among other Presidents, offered an extraordinarily chilling thought --- particularly coming from someone with his background.

In a conversation at the end of the hour (audio and transcript below), as I was trying to pin him down for an opinion on whether or not he felt it was appropriate for CIA Director Leon Panetta to have reportedly attempted to block a

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Reason

Those who claim that President Barack Obama's speech on health care this week wasn't a glorious success are fooling themselves. A Washington takeover of health care never sounded so enticing or fun. Just ignore the specifics, because when the president says he welcomes substantive new ideas, he means that if you have the nerve to offer any ideas—as Whole Foods' CEO, John Mackey, did in The Wall Street Journal last month—his allies will attempt to destroy your business and reputation. And when the president says he welcomes bipartisanship, what he means is that he hasn't met with a single Republican on the issue since April—despite numerous requests and two separate House bills chock-full of ideas.

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Rawstory

The man who helped oversee President George W. Bush’s warrantless wiretapping program now has a new job: a membership on the Public Interest Declassification Board.

Former Air Force Gen. Michael Hayden, who led the National Security Agency under President Bush from 1999 to 2005 and the Central Intelligence Agency from 2006 until President Barack Obama’s inauguration, was appointed during the Labor Day recess by Sen. Mitch McConnell (R-KY).

 

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Rawstory

Attorney General Eric Holder has decided not to bring any criminal charges against a former Bush administration official who lawmakers said lied to them in sworn testimony.

An inspector general's report found that Bradley Schlozman, the former head of the civil rights division, misled lawmakers about whether he politicized hiring decisions.

Criminal prosecutors eyed the matter but decided not to file any criminal charges for his under-oath denials of making personnel decisions based on politics.

 

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The Market Ticker

Out-of-control banana republic regimes usually wind up that way incrementally. Rarely does a madman come to power and simply seize the crown. Oh sure, it happens, but it nearly always incites immediate civil disorder and even open warfare, civil or (often) externally-promoted. When Saddam invadaed Kuwait it did not take long before the world responded with lots of guns, bombs and planes, as just one example. But the slow, gradual co-opting of a government from inside out is another matter. These sorts of regimes usually collapse of their own weight, but not before they take down huge swaths of the population with them, reducing them to squalor. Thus it happened in Zimbabwe, Argentina and countless others over the years. Has it happened in the United States already, but the people simply haven't woken up? Two years ago, five, ten I would have instantly dismissed such a proposition as preposterous. Now I'm not so sure.

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Yid With Lid/wsj

Tim Geithner, who was picked to be Treasury Secretary (and new boss of the IRS) "forgot" to pay $34,000 in taxes. Former Senator and "non lobbyist-lobbyist" Tom Daschle was designated to run the Department of Health and Human Services got a private car and driver and didn't know he was supposed to pay $100,000 dollars in taxes on it Nancy Killefer chosen by President Obama to be the first Chief Performance Officer of the United States withdrew her name from consideration because she too has a history of not paying taxes. Kathleen Sebelius, President Obama's Health and Human Services secretary, said in a letter obtained by the Associated Press that she made "unintentional errors" on her taxes and has corrected her returns from three different years. Maybe the President feels 5 is his lucky number or has so much ego that he just doesn't care, but news broke today that Lael Brainard, nominated to be Undersecretary of the Treasury Department f

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Breitbart

The federal deficit surged higher into record territory in August, hitting $1.38 trillion with one month left in the budget year. The Treasury Department says the deficit last month was $111.4 billion, below the $152 billion that economists expected. Still, the imbalance added to a flood of red ink already accumulated through a severe recession and massive spending needed to stabilize the banking system. The Obama administration last month trimmed its forecast for this year's deficit to $1.58 trillion, from an earlier $1.84 trillion. The recovery of the banking system led to the reduced estimate as it meant the administration did not need to get an additional $250 billion in bailout support for banks.

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White House

Consistent with section 202(d) of the National Emergencies Act, 50 U.S.C. 1622(d), I am continuing for 1 year the national emergency declared on September 14, 2001, in Proclamation 7463, with respect to the terrorist attacks of September 11, 2001, and the continuing and immediate threat of further attacks on the United States. Because the terrorist threat continues, the national emergency declared on September 14, 2001, and the powers and authorities adopted to deal with that emergency, must continue in effect beyond September 14, 2009. Therefore, I am continuing in effect for an additional year the national emergency the former President declared on September 14, 2001, with respect to the terrorist threat. This notice shall be published in the Federal Register and transmitted to the Congress. BARACK OBAMA THE WHITE HOUSE, September 10, 2009.

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Resist Net

I just got this from stopxspp. Jeff Schwilk, founder of the San Diego Minutemen, who is close to Orly Taitz and Gary Kreep. So I am confident it is true. I just talked to Orly: She has 2 good news items that she is very busy with right now: 1. Judge Carter is ‘giving her expedited discovery - immediately’. 2. Judge Land will allow her to present before the court in GA. She is leaving now to fly to GA to appear before Judge Land at the Federal Building in Columbus, GA at 2:00 pm tomorrow (Friday, 9/11/09).

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Bloomberg

One year after the demise of Lehman Brothers Holdings Inc. paralyzed the financial system, “mega-banks,” as Fine’s group calls them, are as interconnected and inscrutable as ever. The Obama administration’s plan for a regulatory overhaul wouldn’t force them to shrink or simplify their structure. Policy of Containment “We could have another Lehman Monday,” Niall Ferguson, author of the 2008 book “The Ascent of Money” and a professor of history at Harvard University in Cambridge, Massachusetts, said in an interview. “The system is essentially unchanged, except that post-Lehman, the survivors have ‘too big to fail’ tattooed on their chests.”

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Reason

It is telling that so many people who claim to be speaking on the side of Truth, Justice, and the American Way of Journalism have consistently focused their outrage-o-meters at individual townhall attendees, political broadcast entertainers, and the lesser lights of a lame (if resurgent-by-default) opposition party, while letting walk nearly fact-check-free the non-irrelevant occupant of 1600 Pennsylvania Avenue. If calling out lies and misrepresentations about a significant policy proposal is such pressing journalistic business—and it should be!—you'd think the watchdogs might start with the guy doing the proposing. The lies last night began in Obama's opening paragraph

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