Archive for » February, 2010 «

February 27th, 2010 | Author:

Washington (CNN) A majority of Americans think the federal government poses a threat to rights of Americans, according to a new national poll.

Fifty-six percent of people questioned in a CNN/Opinion Research Corporation survey released Friday say they think the federal government’s become so large and powerful that it poses an immediate threat to the rights and freedoms of ordinary citizens. Forty-four percent of those polled disagree.

The survey indicates a partisan divide on the question: only 37 percent of Democrats, 63 percent of Independents and nearly 7 in 10 Republicans say the federal government poses a threat to the rights of Americans.

Does this mean that the independents and the Republicans think the Bush era – with the Patriot Act, warrantless wiretaps, and torture – didn’t threaten our rights?

I’ve got a headache.

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Category: politics  | Comments off
February 26th, 2010 | Author:

Al Roney, the local voice who organized the Albany Tea Party last year, and was planning another one for April 17th this year,  has been fired by WGY.  They’re replacing him with Glenn Beck, who was dropped locally when WROW moved away from talk radio.  They told the Times Union they picked up Beck for “ratings reasons.”

Al served us well, covering local issues that no one else would even mention, and he will be sorely missed in the capital region.

To WGY:  I no longer have a reason to tune in to 810.  Hope that helps your ratings.

Monday’s rally is scheduled for Monday from 9 a.m. to noon — the hours during which Roney’s show aired. WGY is located at 1203 Troy-Schenectady Road in Latham.

3/1 update on the rally, including a quote from Al Roney, here.

4/5 Al comments on his current plans here.

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Category: media, MSM, news  | 14 Comments
February 25th, 2010 | Author:

If I were a gambler, I’d be taking bets that sooner or later the debt-ridden American economy will collapse.

If I were in a position to influence that collapse, I’d be a rich woman.

This, according to the NY Times, is what’s currently happening to Greece.

As Greece’s financial condition has worsened, undermining the euro, the role of Goldman Sachs and other major banks in masking the true extent of the country’s problems has drawn criticism from European leaders. But even before that issue became apparent, a little-known company backed by Goldman, JP Morgan Chase and about a dozen other banks had created an index that enabled market players to bet on whether Greece and other European nations would go bust.

Last September, the company, the Markit Group of London, introduced the iTraxx SovX Western Europe index, which is based on such swaps and let traders gamble on Greece shortly before the crisis. Such derivatives have assumed an outsize role in Europe’s debt crisis, as traders focus on their daily gyrations.

A result, some traders say, is a vicious circle. As banks and others rush into these swaps, the cost of insuring Greece’s debt rises. Alarmed by that bearish signal, bond investors then shun Greek bonds, making it harder for the country to borrow. That, in turn, adds to the anxiety — and the whole thing starts over again.

It’s  universally accepted that debt is required for people or businesses or nations to function, but with every loan the borrower gives up a certain measure of freedom.  I think it’s better to do without.

The rich rules over the poor,
And the borrower becomes the lender’s slave.

(Proverbs 22:7)

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Category: debt, economics  | 2 Comments
February 24th, 2010 | Author:

There’s an old Bob Dylan song that keeps coming to mind these days titled The Times They are A-Changin’.(lyrics here.)  Adopted as an anthem for the political and social upheaval of the sixties, it seems suited once again as a reflection of our times.

Regulars may have noticed that I haven’t been posting as often as usual, and I suspect that trend will continue.  The winds of change have been blowing around here, too, and I seem to be going in a different direction.  I have no intention of abandoning the Word for Wednesday or this blog – but I’m going to do my best not to miss the leading of the Holy Spirit, either, and that requires a more focused concentration.

What about you all?  Anybody have the feeling that God is trying to prepare us for something different?  Here’s an older version of the song, and a scripture passage that seems relevant.

There is an appointed time for everything.
And there is a time for every event under heaven
A time to give birth and a time to die;
A time to plant and a time to uproot what is planted.
A time to kill and a time to heal;
A time to tear down and a time to build up.
A time to weep and a time to laugh;
A time to mourn and a time to dance.
A time to throw stones and a time to gather stones;
A time to embrace and a time to shun embracing.
A time to search and a time to give up as lost;
A time to keep and a time to throw away.
A time to tear apart and a time to sew together;
A time to be silent and a time to speak.
A time to love and a time to hate;
A time for war and a time for peace.

(Ecclesiastes 3:1-8)

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February 23rd, 2010 | Author:

This seems about right.

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Category: grins, health care, Obama  | 3 Comments