Friday, June 10, 2011

China Official: It's Too Late, U.S. Already 'Defaulting'


As lawmakers scramble to cut a budget deal and avoid defaulting on U.S. debt, the head of a top Chinese rating agency claims it's too late. 
Guan Jianzhong, president of Dagong Global Credit Rating Co. Ltd., reportedly told state media that the United States has already defaulted by letting the U.S. dollar weaken. 
"In our opinion, the United States has already been defaulting," Guan was quoted as saying, according to AFP. 
China, likewise, has long come under criticism for allowing its currency to weaken. But while Dagong Global is known for being tough on the U.S., Guan's words carry extra sting as they follow warnings from three top rating agencies about U.S. finances. 
Bailey: Thanks to Obama and the Democrats!


Read more: http://www.foxnews.com/politics/2011/06/10/china-official-its-too-late-us-already-defaulting/#ixzz1OtrMVeh1

True or False?


Obama holds big 2012 lead over Republicans

WASHINGTON (Reuters) – President Barack Obama retains a big lead over possible Republican rivals in the 2012 election despite anxiety about the economy and the country's future, according to a Reuters/Ipsos poll on Wednesday.
Obama's approval rating inched up 1 percentage point from May to 50 percent but the number of Americans who believe the country is on the wrong track also rose as pricier gasoline, persistently high unemployment and a weak housing market chipped away at public confidence.
Obama leads all potential Republican challengers by double-digit margins, the poll showed. He is ahead of his closest Republican rival, former Massachusetts governor Mitt Romney, by 13 percentage points -- 51 percent to 38 percent.
"Obama's position has gotten a little stronger over the last couple of months as the public mood has evened out, and as an incumbent he has some big advantages over his rivals," Ipsos pollster Cliff Young said.
Bailey: If this poll is true then this country is in real bad trouble. If there are this many Americans that think Obama's doing a good job, then America is full of stupid ass people!

Thursday, June 9, 2011

Rush: Weiner Face of Democratic Family Values

Radio talk show host Rush Limbaugh says he hopes Rep. Anthony Weiner never resigns as he is the “poster boy” of what Democrats stand for. Limbaugh also said Tuesday the New York Democrat represents Democrat family values.

Read more on Newsmax.com: Rush: Weiner Face of Democratic Family Values
Important: Do You Support Pres. Obama's Re-Election? Vote Here Now!

Wednesday, June 8, 2011

Cops Investigate Killing of Rancher in New Mexico Border Town


STEINS, N.M. -- New Mexico state police and the U.S. Border Patrol are investigating the killing of a rancher about 100 miles from the Mexican border.
State police Maj. Scott Weaver says 68-year-old rancher Larry Link was found dead about 6:15 a.m. Tuesday outside his ranch in Steins in Hidalgo County, which borders Mexico and Arizona.
Weaver says the killing is being investigated as a homicide and there are no suspects. He declined to release any other information about the case.
But the president of the union that represents border patrol agents says Link was shot twice and his body was found next to his vehicle.
Jim Stack of the National Border Patrol Council says there's no


Read more: http://www.foxnews.com/us/2011/06/07/cops-investigate-killing-rancher-in-new-mexico-border-town/#ixzz1Oh0WsHpZ

michael ramirez

Tuesday, June 7, 2011

Supreme Court Passes on Case on Tuition Break for Illegals


A California law that gives illegal aliens a break on college tuition and resembles a controversial proposal before Congress will not get closer scrutiny by the Supreme Court.
The justices announced Monday they will not hear arguments in a case brought by thousands of California college students who pay out-of-state tuition rates. The students object to a state law allowing their classmates, who are illegal aliens, the conditional ability to pay in-state or "resident" rates.
The dispute comes as some lawmakers on Capitol Hill continue to press for passage of the DREAM Act. The legislation allows illegal aliens to earn citizenship by attending college or enlisting in the military.
While the case centers on a California law designed to benefit illegal immigrants, the state's legal case is very similar to the arguments used by other states, namely Arizona, which have pursued legislation to crack down on illegal aliens. In each instance, the states claim that its law is not preempted by Congress.
The student opponents of California's 2001 measure contend the tuition break directly conflicts with the main federal immigration law passed five years earlier. 
"In the absence of guidance from this court, numerous states have circumvented federal law in this area with impunity," lawyer Kris Kobach wrote in February, asking the justices to take the case. "They have done so by urging a reading of federal law that reduces it to a dead letter and is contrary to every expression of congressional intent on the matter."
Kobach contends that federal immigration law prohibits the special kind of residency tuition break California passed unless the benefit is also available to all Americans. In other words, the California measure can only be allowed if all U.S. residents equally qualify for the in-state tuition rate specifically extended to illegal aliens.
In November, the California Supreme Court upheld the state law concluding "the exemption is not based on residence in California. Rather, it is based on other criteria." It pointed to situations where non-resident students could nonetheless qualify for the "resident" tuition status.
For example, any student with three years' attendance at a California high school qualifies for the break regardless of his or her home address. This would cover students who crossed the state line to attend a California school, boarding students whose parents live in a different state or students who moved away but wanted to return for college. 
"If Congress had intended to prohibit states entirely from making aliens eligible for in-state tuition, it could have easily done so," Justice Ming Chin wrote for a unanimous court.
Late last year, the House of Representatives passed the DREAM Act that would among other things repeal the in-state tuition ban found in the 1996 immigration law. Senate backers have been unsuccessful in getting the bill to President Obama who fully backs the measure. Opponents have blasted the measure as an amnesty for people who've illegally entered the country.
Kobach says the inability of federal lawmakers to pass the DREAM Act "has not dissuaded some state legislatures from taking an alternative path: simply circumventing federal law."
Nebraska, New Mexico, New York, Texas, Utah and Washington are some of the other states that have passed similar laws. The difference between "resident" and "nonresident" tuition for four years of undergraduate studies at Cal-Berkeley, for example, is $91,512.
The justices offered did not explain why they decided against taking the case.


Read more: http://www.foxnews.com/politics/2011/06/06/supreme-court-passes-on-case-on-tuition-break-for-illegals/#ixzz1Oa1guh1G

CartoonDems