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«Headlines Updated Daily«
Thursday August 21, 2014
Made in the USA since 1998

When Wall Street Greed Kills
Frank Salvato
In the movie Wall Street, the character Gordon Gecko expounds to an audience of shareholders, “Greed is good.” Gecko, a Wall Street tyrant whose specialty was destroying companies for profit, eventually gets his due in the end. But there are real life market manipulators that prowl the shadows of Wall Street and in the genre of biotech the greed of the market manipulators sometimes kills. People with a cursory understanding of market manipulation understand the tactic of “short and distort.” This is a type of securities fraud in which market manipulators short sell a stock and then spread negative rumors about the company in an attempt to drive down stock prices. Sometimes this fraud is originated by a company’s competitors. Other times it is fueled exclusively by greed. And while a successful short and distort campaign may glean hefty rewards for those who perpetrate the crime, the fiscal malfeasance is often fatal for the company that is attacked. A good example of this is playing out in real time.

The Realities of a Community
Organizer’s Foreign Policy

Frank Salvato
The foreign policy of the United States under Pres. Barack Obama, who came to the White House with the resume of an untested community organizer with no experience in international relations, has moved the whole of the world to the brink of total war. In the beginning, in his speeches to prospective voters, Mr. Obama preached the Progressive gospel of the peace movement and the demilitarization of American foreign policy. He pledged to end the Iraqi conflict expeditiously and end the Afghan conflict in a timely manner. Sadly, and to their own shame, a majority of American voters bought into the pre-packaged marketing of the “idea" of Obama, the “first Black president,” without realizing him as wholly unqualified for the job, and he was elected. It took him short order to keep his promises to the anti-war movement; the “Bush-Lied-People-Died” chanters of so many protests around the country. In December of 2011, Mr. Obama, going so far as to supply the enemy with timelines and withdrawal dates, announced the end of the Iraq War for America’s military men and women. Of course, he failed to secure reasonable status of forces agreements and insisted that the Iraqis had “turned the corner,” and were now capable of defending their own country. This, of course, was the biggest miscalculation, with regard to foreign policy, that he has made as President of the United States.


The Rise of Progressive Oligarchy
David Corbin & Matthew Parks
In what might have appeared to be a minor political event a few weeks back, Nancy Pelosi (D-CA) called congressman Tom Marino (R-PA) "insignificant" and "inconsequential" in a debate on the House floor. Why would the former House Speaker insult a colleague in such a manner? She didn't count her way to this assessment; Democrats do not hold a majority of the House. Nor did she reason her way to this position, as there was nothing in Rep. Marino's argument on the immigration issue that raised empirical red flags. Perhaps it was a momentary lapse in judgment in the midst of the partisan give-and-take on an important political issue. But what if Pelosi was simply saying what she believed to be true and acknowledging what ruling class Americans think about their non-ruling class counterparts? Namely, that there are people like Pelosi, the highest-ranking female politician in American history, who get it, and people like Marino, merely a second-term congressman from "gun- and religion-clinging" northeastern Pennsylvania, who don't. What is the "it" they don't get?

Nothing to Do With Islam
Bruce Thornton
The war against jihadism has been chronically misunderstood because of our failure to acknowledge the religious motives of Muslim jihadists. This failure began in 1979 with the Iranian revolution. Trapped in our Western secularist paradigms, we interpreted the uprising against the Shah as an anti-colonial revolt against a "brutal" autocrat propped up by the West for its own exploitative economic and geostrategic purposes. The aim of the revolution, the argument went, was to create a government more sympathetic to national sovereignty and Western pluralistic government. However, it soon became clear with the political triumph of the Ayatollah Khomeini that the revolution was in the main a religious one, inspired in part by anger at the Shah's secularization, modernization, and liberalization policies. As Khomeini said in 1962, the Shah's regime was "fundamentally opposed to Islam itself and the existence of a religious class." Despite that lesson, the rise of al Qaeda in the 90s was also explained as anything and everything other than what it was and still is–– a movement with deep religious roots.

Cops Will Die Because of Ferguson
Bob Lonsberry
Cops will die because of Ferguson. That's the increasing likelihood as politicians, activists and media advocates across the country vilify law enforcement and the men and women who work in it. Cops will die because of Ferguson. They will certainly face increased danger, and so will we. The convergence of two unavoidable consequences of the rhetorical attack on the police will make that inevitable. The first is the emboldening of those who would raise a fist or a gun against the police. When you have the president of the United States – twice – criticize law enforcement, implying racism, and you have a parade of pastors and a litany of people interviewed on the evening news, all damning the police and calling them oppressors of blacks and the poor, you legitimize anger against the police. And you make violence against the police more likely.


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