Sunday, February 22, 2009

Ron Paul Weekly Report, 2-20-09




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Clinton urges China to buy our debt.....

Hillary Clinton urged China on Sunday to continue buying US Treasuries, saying it would help get the American economy moving again and stimulate imports of Chinese goods. "By continuing to support American Treasury instruments the Chinese are recognising our interconnection. We are truly going to rise or fall together," Clinton said at the US embassy shortly before leaving Beijing. Clinton, wrapping up her first overseas trip as secretary of state, said continued Chinese purchases of treasuries were essential to financing the massive 787 billion dollar US stimulus plan. "Because our economies are so intertwined the Chinese know that in order to start exporting again to its biggest market, the United States had to take some very drastic measures with this stimulus package," Clinton said in response to a question from a Chinese talkshow host. "We have to incur more debt. It would not be in China's interest if we were unable to get our economy moving again," she added....Link

40% Say Marijuana Should Be Legalized.....

The marijuana debate has come a long way since “Reefer Madness.” While the Michael Phelps incident has brought the recreational use of pot back into the spotlight, much of the news about the drug in recent years has focused on whether it should be legalized for medical purposes, primarily to reduce pain for cancer victims. In a new Rasmussen Reports national telephone survey, Americans are closely divided on the question of whether marijuana should be legalized: 40% say it should be, while 46% disagree. Fourteen percent (14%) are not sure which course is better....Link

McDonald's has denied workers compensation.


Fast food giant McDonald's has denied workers compensation benefits to a minimum wage employee who was shot when he ejected a customer who had been beating a woman inside the restaurant.A representative of the administrator for McDonald's workers compensation plan explained that "we have denied this claim in its entirety as it is our opinion that Mr. Haskett's injuries did not arise out of or within the course and scope of his employment."...Link

Obama expanding military operations....

WASHINGTON (AFP) – US President Barack Obama's administration has broadened the number of radical groups targeted by the CIA inside Pakistan by attacking a militant network seeking to overthrow the Pakistani government, The New York Times reported Saturday. The newspaper said recent missile strikes on training camps run by Baitullah Mehsud represent a broadening of the US military campaign inside Pakistan, which has been carried out largely by drone aircraft. Under fromer president George W. Bush, the United States frequently attacked militants from Al-Qaeda and the Taliban but stopped short of targeting Mehsud and his followers....Link