Friday News Roundup - Hour 1
http://thedianerehmshow.org/shows/2011-08-26/friday-news-roundup-hour-1
The U. S. east coast was shaken by a rare earthquake and now braces for a battering by Hurricane Irene. The storm has disrupted the dedication of the Martin Luther King, Jr. Memorial in Washington, D. C. The Congressional Budget Office predicted high unemployment will continue until 2014. Bank of America announced it will receive a five billion dollar infusion from Warren Buffett. Apple faces a future without co-founder and longtime C. E. O. Steve Jobs. And Texas Governor Rick Perry took a commanding lead in the race for the G. O. P. presidential nomination. A panel of journalists joins Diane for analysis of the week's top national news stories.
Guests
Reid Wilson
editor-in-chief of National Journal Hotline.
Karen Tumulty
national political reporter, The Washington Post.
Ron Elving
Washington editor for NPR.
Friday News Roundup Video
Diane and the panelists discuss some of the revelations in former Vice President Dick Cheney's memoir, including Cheney's deep disagreements with then-Secretary of State Colin Powell and other high-ranking administration officials:
Comments
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Rick Perry becomes the front runner - Is the Texas drought a sign from God that God is displeased with Governor Perry's leadership and is it an indication of what God would do to the United States if Governor Perry were to become president? I know it sounds like a crackpot comment but this man is seeking his nomination from a whole political base of people who base their actions and decisions on their percieved notions of what God thinks.
howiedoin wrote: "
"whole political base of people who base their actions and decisions on their percieved notions of what God thinks."
If you believe that, then what is your opinion about the political base that voted for Obama based on no noteworthy accomplishment at all? A total pig in a poke. They were obviously operating on the level of idiot savants, with heavy emphasis on the idiot part.
In Canada we mourn the loss of a great man in Jack Layton. The U.S. celebrates the rise of a man such as Rick Perry. Absolutely 2 countries going in opposite directions.
On your show on Wednesday, when you asked David Applegate of the U.S. Geological Survey about the possibility of hydraulic fracking playing a role in the DC Earthquake, he said, " for this particular earthquake, we're not aware of any specific activity in that area that would likely have been a trigger. But we have seen association elsewhere. . ." and he calmly went on to confirm, "there are a number of famous cases of linkage.
Well, there is fracking in Braxton County, West Virginia, 160 miles from Mineral, Virginia, which has seen a rash of freak earthquakes, and up and down the Marcellus Shale deposit in the Appalachian Basin.
Also, the same day as the DC Quake, there was a 5.3 earthquake in Trinidad, Colorado (the largest in the state since 1967), centered in the Raton Bason, where Pioneer Natural Resources has a large hydraulic fracturing operation.
In 1990, the USGS wrote a report titled "Earthquake Hazard Associated with Deep Well Injection --A Report to the U.S. EPA".
Now that natural gas drilling is being pushed as a safer alternative to nuclear, and with the earthquake-induced nuclear disaster at Fukushima, isn't it time for the scientists to get louder and the national press to shine a light on it, repeatedly, until the public understands the risks at stake?
And thank you, Diane, for asking that question.
Barbara Bellows-TerraNova
Salt Lake City, Utah
Monte-
you miss the point that Obama and for the most part McCain supporters do not believe in divine intervention but place their faith in human beings doing their best in the face of adversity.
We shouldn't think of government as something that should be trying to ensure perpetual economic growth.
We have systemic flaws that make the boom and bust cycle more severe and more dangerous than it would be in a society that embodies a more thorough examination of basic moral principles and natural rights and duties.
Stimulating the economy with reduced interests rates (printing money) creates bubbles like what we saw in real estate in recent years.
The larger scale of an economic boom or bubble is the thriving of civilization. When the bust comes, the collapse is catastrophic.
Boom and bust, thriving and collapse are the same phenomenon at different scales. We should look at the systemic flaws that feed these instabilities. No system or entity in nature can grow forever. We still are subject to natural law.
How can respect of PUBLIC property rights help make a sustainable and more just civilization? -- http://gaiabrain.blogspot.com/2011/06/golden-rule-and-public-property-ri...
Would your guests comment on the involvement of Perry in this "New Apostolic Reformation"? It sounds like a rather cultish and fringe movement, and is apparently what guides his policies. Most thinking, rational people find this quite frightening.
accountant wrote-"you miss the point "
Your calculator is broken!
Cheney and the war team should be on trial for war crimes, why are we allowing this man to walk free? Instead of holding him and the war team accountable the way the Egyptian people are holding Mubarak accountable for his crimes?
The other day I was out at the Dayton Ohio VA with my WWII father. Lots of Iraqi Vets out there without legs and arms. If the American people or the international community are not going to put these war criminals on trial at the very least Cheney Bush, Wolfowitz, "mushroom cloud" Rice, Douglas Feith etc should be waiting on these Vets every second for the rest of the warmongers lives. Or how about changing bed pans for the injured at the Walter Reed hospital.
Mubarak on trial, Gaddafi on the run....Cheney, Bush, Rice writing books, living the high life. Feith and William Luti heading Rick Perry's foreign policy team. This is what US war criminals do. Get away with murder of thousands
kitty wrote: " It sounds like a rather cultish and fringe movement, and is apparently what guides his policies. Most thinking, rational people find this quite frightening."
Yeah. Those "thinking, rational people" are the same people that said Reagan couldn't wait to get into office so he could bomb Russia. They're idiots.
kathleen wrote:
"This is what US war criminals do. Get away with murder of thousands"
Hey kathleen, speaking of the "murder of thousands", how do you feel about the killing of the unborn? Do those thousands not count?
Here's the Perry photograph the previous caller was talking about.
http://bloggingblue.com/wp-content/uploads/2011/08/Rick-Perry-with-gun.jpg
I don't get it. Romney is the GOP's best chance at the presidency...
Reid Wilson: What ever happened to HotlineTV?
Since Big Business is sitting on a large amounts of cash wouldn't it make sense to change the tax laws to levy a tax on a certain portion of their "cash reserve"? This would say "Use it or loose it" and the tax would reduce the deficit and stimulate spending?
Charles
origen01 wrote:
"I don't get it. Romney is the GOP's best chance at the presidency..."
I agree. Not just the best chance, but the best candidate. I wanted him in 2008.
I have to disagree with the comments about the lack of consumer confidence and agree with the comment about the decimation of the middle class. It is not consumer confidence that is keeping the decimated middle class from spending to keep the economy flowing. It is the lack of funds! People are unemployed or underemployed and cannot spend the way they used to and probably will not again for a long time. When will the government and corporate employers who support outsourcing to other countries understand that each job outsourced represents a loss of tax revenue streams, consumer spending and high unemployment for US citizens, the bedrock of the US economy and an increase in social services on the federal, state and local levels to further burden the tax base? Failure to sell goods and services will cause more jobs to go overseas to keep costs down or be eliminated as more people stop spending. It's not rocket science, it's not a lack of consumer confidence, it's simply a lack of funds to spend! We need to stop outsourcing to protect Americans, the American way of life and the American economy.
cscharles wrote:
"Since Big Business is sitting on a large amounts of cash wouldn't it make sense to change the tax laws to levy a tax on a certain portion of "cash reserve"? This would say "Use it or loose it" and the tax would reduce the deficit and stimulate spending?"
Now charles. Think. At least the money is sitting in U.S. banks. Why would you want to initiate even more regressive tax policy than we have today by forcing companies to move their cash overseas?! Here's a thought. How about cutting the Corporate Tax rate to zero. Do you think that would stimulate businesses to invest? Do you think that would stimulate companies who have moved overseas companies to come home?
Deanna wrote:
"We need to stop outsourcing to protect Americans, the American way of life and the American economy."
Wow! Right on, Deanna! Now, see my post immediately below yours to learn how to do that.
Quick comment on the comment made by the caller that said that Bernanke's low interest rate affects his savings account that doesn't make any interest. Can you please point out the direct link? Because the Fed's interest rate affects the loans the banks get from the fed, not the interest rate the banks pay you. In fact, since money is cheaper for them to borrow, they should have larger margins, and could theoretically afford higher interest rates on savings accounts.
If someone understands this better, please point it out
ecgberht wrote:
kitty wrote: " It sounds like a rather cultish and fringe movement, and is apparently what guides his policies. Most thinking, rational people find this quite frightening."
Yeah. Those "thinking, rational people" are the same people that said Reagan couldn't wait to get into office so he could bomb Russia. They're idiots.
You don't know anything about the movement do you? Typical. I'd suggest you do a bit a research before sounding off.
I suppose no one person is killing thousands of unborns, like you make it sound. the fantastic duo B&C are directly responsible for a deceitful war.
Sitting in US Banks? Not true... They only have US Names but are owned by out of country investors.
Zero Corporate rate? Now that sounds like the Bush "Trickle Down" economics where we rely upon Big business to be a benevolent employer and take care of their employees..... Yes I'm sure that will work or will the CEO's and upper management double their salaries and lay off more or move into less expensive labor pools.
If employees can get a portion of the company they work for in lieu of the company paying a corporate tax then perhaps all could win. Give Corporations a break if they match or double match an employees stock share in the company. An incentive to work hard and to hire hard workers. Profit share with employees; not foriegn investors.
kitty wrote:
"You don't know anything about the movement do you? Typical."
What I know is that Perry's religious beliefs do not drive his policy making. It didn't in Texas, it won't in the Oval Office. If you can show us where it drove his policy in Texas, I'd like to see it. Sorry, kitty, what you offer is called fear mongering. Typical.
cscharles wrote:
"Now that sounds like the Bush "Trickle Down" economics where we rely upon Big business to be a benevolent employer and take care of their employees..... "
As opposed to government "trickle down" economics where we rely upon Big Government to be a benevolent provider and take care of its citizens? I'll take business over facism any day.
ecgberht-
That's easy - he has promoted intelligent design in schools.
Schools don't have enough time to teach even one theory of anything much less time to do evolution vs intelligent design. Since you only have time to teach one you have to go with the one with the most scientific backing - evolution.
accountant wrote:
"Schools don't have enough time to teach even one theory of anything much less time to do evolution vs intelligent design."
Nonsense. They have time to put what they want to put into the curriculum.
From CNN, "Texas does not, in fact, teach creationism, or anything like it. While the Texas State Board of Education did rather famously mandate in 2009 that its science textbooks include information on "alternatives" to evolution, no textbooks containing those alternatives have actually been approved for use as of yet. In fact, just last month the board voted to approve new science materials that exclusively teach evolution."
Next.
ecgberht wrote:
kitty wrote:
"You don't know anything about the movement do you? Typical."
What I know is that Perry's religious beliefs do not drive his policy making. It didn't in Texas, it won't in the Oval Office. If you can show us where it drove his policy in Texas, I'd like to see it. Sorry, kitty, what you offer is called fear mongering.
Again - I think you should research it. Obviously you have not. It has very much affected his governing, and you're wishing it otherwise is pure fantasy. And it isn't fear "mongering" - but it should incite fear, most certainly.
Please, end of discussion.
kitty wrote:
"It has very much affected his governing ... Please, end of discussion."
I'm sure you would like to end the discussion when you haven't provided instance one. If this has "very much affected his governing" you shouldn't have a bit of trouble showing us a half dozen examples.
What you are practicing is essentially, "hit and run". You hurl a charge and then say "research it". Here, you need to back it up.
Now, to be fair, Perry has encouraged people to pray for the unity and healing of the nation. We sure wouldn't want that, would we?!
Quantitative easing 1 and 2 certainly did steal from all of us, you only need to buy some groceries, pay your utility bills and buy some gas to know this. The federal reserve is weakening the value of our money with it's policies.The caller complaining about interest rates was on the right track but veered off reality road and the panel dismissed him as a fool, too bad Obama's body guard of liars shut him down.
It just seems so odd to hear the journalists on this show and Diane express the need for close republican candidate scrutiny. But during the campaign cycle leading up to 2008 all I heard was excuse making why being a "community organizer" was something special. "Community organizer" sounds like something a boy scout aspires too after he got his eagle badge. The liberal media at work. I read recently 90% of journalists as a whole rate themselves as liberal democrats and were supposed to believe there is not a bias?
The liberal media hasn't had a chance to attack Perry yet. His popularity will suffer as they begin their campaign of misinformation.