Media Bias? - Newsweek

McCain Ad - Bad Judgement - Blind Ambition

Current and former Obama Muslim outreach directors meet with radical Muslims.

"One meeting attendee was Mahdi Bray of the Muslim American Society, several of the participants said. The MAS website describes Bray as an imam and "long time civil and human rights activist." Bray's critics say he has a history of defending terrorists.hey point to a video of Bray at a rally in 2000, for example, in which he can be seen pumping his fist in the air in support of the terrorist groups Hamas and Hezbollah. In a 2004 interview, he called the Israeli assassination of a Hamas spiritual leader an "unlawful, cowardly and dangerous act of state-sponsored terrorism.""

"Also attending the meeting was Nihad Awad, executive director of the Council on American-Islamic Relations. CAIR is an unindicted co-conspirator in the Holy Land Foundation terrorism financing case."

NBC link

Rashid Khalidi, another friend of Obama

"Democratic presidential front runner Sen. Barack Obama served as a paid director on the board of a nonprofit organization that granted funding to a controversial Arab group that mourns the establishment of Israel as a "catastrophe." (Obama has also reportedly spoken at fundraisers for Palestinians living in what the United Nations terms refugee camps.)

The co-founder of the Arab group, Columbia University professor Rashid Khalidi, is a harsh critic of Israel who reportedly worked on behalf of the Palestine Liberation Organization when it was labeled a terror group by the State Department."



link

Are we near a market bottom?

I see a few problems, including the short sellers and the lack of liquidity. People can not borrow money to buy stocks. If you do not have to sell for a year, it may recover most by then; but while banks all over the world are not loaning, do not expect a quick recovery. The lack of liquidity will also affect the economy as a whole. The automakers will not be selling as many cars until people can get loans. This of course will affect the income streams of the companies, and thus the value of the companies. As people lose income this will slow down the economy. That puts more pressure on the housing market as people can no longer afford their homes.

If Obama wins, capital gains taxes will increase, thus there is less reason to buy stocks, thus decreasing the value of holding stocks. The oil exporting countries are reducing output to support oil prices, delaying economic recovery. The biggest question is which companies will survive. The lack of liquidity could strangle an otherwise healthy company. Without knowing which companies will survive, it would foolish to invest in companies.

As I ponder this, I am for the first time really worried about this. I see the market bottoming out but not recovering. It is possible we may enter another great depression. People, afraid of losing their jobs, may ask for trade protection. Already we have socialized many of the banks and insurance companies. The best thing we have going for us is the FDIC insurance, so we don't lose all our money and have runs on the bank. But with a Democratic congress and a Democratic president, I fear proposals that will not be helpful to recovering the economy.

A little perspective as you watch all your wealth disappear.

On Oct 9, 2002 7285 the Dow reach a recent low, 37.8% down from the Jan 14, 2000 high of 11,723. On August 12, 1982 the Dow was 776.

Obama and Ayers?

Why can they not answer the question, when did Obama know Ayers was a terrorist? And why did he continue the relationship after that?