Saturday, February 28, 2009
Ex-Bush Economist: Blame The Fed.......
Part of the problem in making sense of the Crash of 2008, and all this economic turmoil, is figuring out what really happened. What caused this? What went wrong? And the really big one: Who's to blame? John Taylor, a professor of economics at Stanford University and a senior fellow at Stanford's Hoover Institution, answers that question in a new book published this week called Getting Off Track: How government actions and interventions caused, prolonged, and worsened the financial crisis. As you might guess from the title, Taylor concludes that blame lies primarily with the Federal Reserve's unreasonably low interest rates for much of the last decade. He also points an accusatory finger at "the failure to rein in Fannie and Freddie" (meaning Rep. Barney Frank and other Democratic congressional enablers) and "the lack of clarity in the operation" of last fall's financial bailout plan (meaning the Bush administration, plus congressional leaders who drafted the legislation).... Link
NSA aims to expand power...........
The spy shop that brought you the Bush administration's warrantless wiretapping program wants to expand its power under President Barack Obama, the nation's top intelligence chief told Congress Wednesday, in a little-noticed intelligence grab.
While acknowledging that many distrust the agency for its role in eavesdropping, Obama Director of National Intelligence Admiral Dennis Blair said he believed the agency should expand into a permanent role in handling government cybersecurity efforts...Link
While acknowledging that many distrust the agency for its role in eavesdropping, Obama Director of National Intelligence Admiral Dennis Blair said he believed the agency should expand into a permanent role in handling government cybersecurity efforts...Link
Friday, February 27, 2009
Old..................
All Stanley Murphy wanted when he popped out on his mobility scooter was to pick up a newspaper from his local shop.
But the 90-year-old took one wrong turning and ended up on a busy dual carriageway with cars and lorries thundering past him at speed. Undaunted, Mr Murphy kept his "pedal to the metal" and continued trundling along in the centre of the slow lane at his top speed – 8mph. He was eventually spotted by a truck driver who realised the pensioner was in imminent danger as he drove along the A27 in Shoreham, West Sussex. James Dunne, the owner of a paving company, pulled over and put on his hazard lights to try to get the Mr Murphy to stop his mobility scooter during the incident on Thursday morning.
Mr Murphy, though, kept going....Link
But the 90-year-old took one wrong turning and ended up on a busy dual carriageway with cars and lorries thundering past him at speed. Undaunted, Mr Murphy kept his "pedal to the metal" and continued trundling along in the centre of the slow lane at his top speed – 8mph. He was eventually spotted by a truck driver who realised the pensioner was in imminent danger as he drove along the A27 in Shoreham, West Sussex. James Dunne, the owner of a paving company, pulled over and put on his hazard lights to try to get the Mr Murphy to stop his mobility scooter during the incident on Thursday morning.
Mr Murphy, though, kept going....Link
'You can't be in and out'..............
It wasn't even one year ago when Sen. John McCain (R-AZ) and members of his political campaign said now-President Barack Obama "seems to think losing a war will help him win an election." Which is what makes this week's announcement of -- and the fallout from -- President Obama's plan to withdrawal troops from Iraq so surprising. It isn't the opposition party Obama must now win over: It's his own political allies....Link
Thursday, February 26, 2009
Justice Department will stop marijuana raids..
In a little-noticed remark Wednesday, Obama Attorney General Eric Holder said that the Justice Department will no longer raid medical marijuana dispensaries established under state laws but technically prohibited by the federal government. The decision marks a shift from the Bush Administration, which was more draconian in its approach to hunting those who sought to dispense marijuana for medical purposes....Link
Wednesday, February 25, 2009
Senate to announce investigation...........
The Senate is quietly preparing plans to investigate allegations of torture under President George W. Bush, according to comments published Wednesday by Senate Judiciary Chairman Pat Leahy (D-VT) and Sen. Sheldon Whitehouse (D-RI). The Senate Judiciary Committee could announce a hearing to consider various plans to probe allegations of torture as early as today, according to Salon's Mark Benjamin, citing Committee Chairman Pat Leahy and members of his staff....Link
Obama's Iraq plan 'more like a Bush plan'......
President Barack Obama is expected to announce on Friday that he intends to withdraw roughly two-thirds of US troops from Iraq by August 2010. This anticipated 19-month timetable falls well short of Obama's campaign promise to have all troops out of Iraq by sixteen months after his inauguration. MSNBC's Rachel Maddow suggested on Tuesday that the administration was hoping for the Iraq news to be "sort of buried" in the excitement over Obama's speech on economic issues before a joint session of Congress. However, she did not believe this tactic would be successful....Link
Is it time to Tax it?........
Reporting from Sacramento -- Could Cannabis sativa be a salvation for California's fiscal misfortunes? Can the state get a better budget grip by taxing what some folks toke? An assemblyman from San Francisco announced legislation Monday to do just that: make California the first state in the nation to tax and regulate recreational marijuana in the same manner as alcohol. Buoyed by the widely held belief that cannabis is California's biggest cash crop, Assemblyman Tom Ammiano contends it is time to reap some state revenue from that harvest while putting a damper on drug use by teens, cutting police costs and even helping Mother Nature....Link
Tuesday, February 24, 2009
Shot in Iraq.......................
Iraqi policemen shot dead four US soldiers and their local interpreter in the main northern city of Mosul on Tuesday, an interior ministry official said "Four US soldiers and their Iraqi interpreter were killed by two Iraqi policemen who opened fire at them in the Dawasa district of (central) Mosul and then fled," the official told AFP, declining to be named. The incident took place during a US army visit to the Mosul headquarters of the Iraqi police in charge of protecting the city's bridges, police said. The bullet-riddled body of the interpreter was taken to the local mortuary....Link
Rove skips House Judiciary deposition.......
Former Bush adviser Karl Rove was a no-show today at his scheduled deposition deadline for the House Judiciary Committee's ongoing probe into the U.S. attorney firings -- setting up a major decision for President Obama on how to respond to congressional subpoenas. Committee Chairman John Conyers (D-Mich.) subpeonaed Rove to find out what he knows about the Dec. 2006 firings which eventually toppled former Attorney General Alberto Gonzales. When Rove was subpoenaed in 2007, President Bush asserted "absolute immunity" for his top aides, refusing to allow them even to appear before a congressional panel. House Democrats eventually sued, and won an initial legal victory. The Bush White House, through the Justice Dept., appealed the ruling, and when Bush left office in January 2009, the case was still undecided....Link
A nation of Santellis............
When CNBC’s Rick Santelli argued last week that President Barack Obama’s mortgage bailout plan would force hardworking Americans to pay for their neighbors’ mistakes, White House press secretary Robert Gibbs dismissed him as a know-nothing derivatives trader out of touch with Main Street. But if the White House simply dismisses Santelli’s point, it may do so at its peril: A Rasmussen poll released Monday found that 55 percent of those surveyed thought federal mortgage subsidies to those most at risk of losing their homes would be “rewarding bad behavior.”....Link
U.S. Bubble Collapse to Be Worse...........
Feb. 23 (Bloomberg) -- The U.S. is facing a deflationary collapse more severe than the crash that hobbled Japan’s economy in the 1990s, leaving gold as the only defensive play for investors, according to CLSA Ltd.’s Christopher Wood. The housing recession in the U.S. led to a crisis in the banking system as lenders became saddled with illiquid mortgage assets, souring the securitization industry that helped drive credit growth in recent years. The nation’s retail sales fell 10.5 percent in December as consumers became more pessimistic and scaled back purchases...Link
Monday, February 23, 2009
Ron Paul: On Transparency of the Fed......
by Ron Paul | Texas Straight Talk
February 23, 2009
This week the Federal Reserve responded to the American people’s increased concerns over our monetary policy by presenting new initiatives aimed at enhancing the Fed’s transparency and accountability. As someone who has called for more openness from the Fed for over 30 years, I was pleased to see the Fed acknowledge the legitimacy of this need.
The Federal Reserve controls the flow of money and credit in our economy because Congress has abdicated its responsibility over the nation’s currency. This process therefore occurs centrally, and almost completely outside the system of checks and balances. Because of legal tender laws, people are left with no real choice, except to build their lives and futures around this monopoly currency, vulnerable to powerful central bankers. The Founding Fathers intended only gold and silver to be used as currency, however, inch by inch over the decades, this country has backed away from this important restraint. Our money today has no link whatsoever to gold or silver. For many reasons, this is extremely dangerous, and has a lot to do with the boom and bust cycles that have resulted in the crisis in which we find ourselves today.
The Fed is now pledging to reveal to the public more about its economic predictions, and calls this greater transparency. This is little more than window-dressing, at best, utterly useless at worst. Many analysts, especially those familiar with the Austrian school of economics, saw the current economic crisis coming years ago when the Federal Reserve was still telling the American people their policies were as good as gold. So while it might be nice to know what fantasy-infused outlook the Fed has on the economy, I am much more interested in what they are doing as a result of their faulty, haphazard interpretation of data. For instance, what arrangements do they have with other foreign central banks? What the Fed does on that front could very well affect or undermine foreign policy, or even contribute to starting a war.
We also need to know the source and destination of funds provided through the Fed’s emergency funding facilities. Information such as this will provide a more accurate and complete picture of the true cost of these endless bailouts and spending packages, and could very likely affect the decisions being made in Congress. But with so much of the Fed’s business cloaked in secrecy, these latest initiatives will not even scratch the surface of the Fed’s opaque operations. People are demanding answers and explanations for our economic malaise, and we should settle for nothing less than the whole truth on monetary policy.
The first step is to pass legislation I will soon introduce requiring an audit of the Federal Reserve so we can at least get an accurate picture of what is happening with our money. If this audit reveals what I suspect, and Congress has finally had enough, they can also pass my legislation to abolish the Federal Reserve and put control of the economy’s lifeblood, the currency, back where it Constitutionally belongs. If Congress refuses to do these two things, the very least they could do is repeal legal tender laws and allow people to choose a different currency in which to operate. If the Fed refuses to open its books to an audit, and Congress refuses to demand this, the people should not be subject to the whims of this secretive and incompetent organization.
February 23, 2009
This week the Federal Reserve responded to the American people’s increased concerns over our monetary policy by presenting new initiatives aimed at enhancing the Fed’s transparency and accountability. As someone who has called for more openness from the Fed for over 30 years, I was pleased to see the Fed acknowledge the legitimacy of this need.
The Federal Reserve controls the flow of money and credit in our economy because Congress has abdicated its responsibility over the nation’s currency. This process therefore occurs centrally, and almost completely outside the system of checks and balances. Because of legal tender laws, people are left with no real choice, except to build their lives and futures around this monopoly currency, vulnerable to powerful central bankers. The Founding Fathers intended only gold and silver to be used as currency, however, inch by inch over the decades, this country has backed away from this important restraint. Our money today has no link whatsoever to gold or silver. For many reasons, this is extremely dangerous, and has a lot to do with the boom and bust cycles that have resulted in the crisis in which we find ourselves today.
The Fed is now pledging to reveal to the public more about its economic predictions, and calls this greater transparency. This is little more than window-dressing, at best, utterly useless at worst. Many analysts, especially those familiar with the Austrian school of economics, saw the current economic crisis coming years ago when the Federal Reserve was still telling the American people their policies were as good as gold. So while it might be nice to know what fantasy-infused outlook the Fed has on the economy, I am much more interested in what they are doing as a result of their faulty, haphazard interpretation of data. For instance, what arrangements do they have with other foreign central banks? What the Fed does on that front could very well affect or undermine foreign policy, or even contribute to starting a war.
We also need to know the source and destination of funds provided through the Fed’s emergency funding facilities. Information such as this will provide a more accurate and complete picture of the true cost of these endless bailouts and spending packages, and could very likely affect the decisions being made in Congress. But with so much of the Fed’s business cloaked in secrecy, these latest initiatives will not even scratch the surface of the Fed’s opaque operations. People are demanding answers and explanations for our economic malaise, and we should settle for nothing less than the whole truth on monetary policy.
The first step is to pass legislation I will soon introduce requiring an audit of the Federal Reserve so we can at least get an accurate picture of what is happening with our money. If this audit reveals what I suspect, and Congress has finally had enough, they can also pass my legislation to abolish the Federal Reserve and put control of the economy’s lifeblood, the currency, back where it Constitutionally belongs. If Congress refuses to do these two things, the very least they could do is repeal legal tender laws and allow people to choose a different currency in which to operate. If the Fed refuses to open its books to an audit, and Congress refuses to demand this, the people should not be subject to the whims of this secretive and incompetent organization.
Democrats who backed Bush policies....
In a little noticed one-line remark on Sunday, Senate Judiciary Chairman Patrick Leahy (D-VT) endorsed the investigation of Democrats who approved of President George W. Bush's policies as president that he aims to review as part of a "truth commission." The veteran Democrat has floated the idea of a "truth commission" to probe and put to rest alleged Bush Administration constitutional abuses, in areas such as wiretapping and harsh interrogation. Those who participated would likely be granted immunity from prosecution so long as their testimony is truthful, mirroring similar venues of public catharsis as were practiced in South Africa and Chile in previous decades...Link
Iran's nuke program not weapons-capable....
Can Iran build a nuclear bomb? The new answer to that long-debated question is "yes," if you ask the Washington-based Institute for Science and International Security (ISIS). The non-partisan think-tank, which focuses on stopping nuclear proliferation, released a report Thursday citing a brand-new report from the U.N.'s nuclear watchdog that declared Iran had reached "nuclear weapons breakout capability." Not so fast, says an official at the International Atomic Energy Agency, which released its report Thursday, according to IAEA's website. The report can be found here, at ISIS's website....Link
Obama administration backs Bush........
The Obama administration, siding with former President George W. Bush, is trying to kill a lawsuit that seeks to recover what could be millions of missing White House e-mails in a stunning reversal of Obama's rhetoric about Bush secrecy on the campaign trail. Two advocacy groups suing the Executive Office of the President, including one of the groups that helped derail former House Speaker Tom DeLay, say that large amounts of White House e-mail documenting Bush's eight years in office may still be missing, and that the government must undertake an extensive recovery effort. They expressed disappointment that Obama's Justice Department is continuing the Bush administration's bid to get the lawsuits dismissed....Link
Obama's take on the drug war.......
Fissures are suddenly forming along the edges of the giant iceberg of America's multibillion-dollar "war" on drug use, first formally proclaimed by President Richard Nixon in 1971. But so much depends on what President Barack Obama decides to do with the issue. This month a Latin American commission headed by former Presidents Fernando Henrique Cardoso of Brazil, Ernesto Zedillo of Mexico and Cesar Gaviria of Colombia condemned harsh U.S. drug prohibition policies that are based, in Gaviria's words, "on prejudices and fears and not on results." Fueled by Americans' drug appetite and dollars, drug-gang violence is engulfing Mexico, threatening the very stability of the state with massive corruption and close to 6,000 killings last year. Brazil is afflicted with daily gun battles between police and gangs in urban slums. And despite years of intensive U.S.-backed efforts to eradicate Colombia's cocaine exports, official reports show they've risen 15 percent in this decade. A high proportion are smuggled into the U.S.....Link
Sunday, February 22, 2009
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
Saturday, February 21, 2009
The Leaders misrepresent the people.........
The metal door to the synagogue swung open and a small boy skipped across the courtyard. He looked puzzled at the three people who stood before him, two of whom were clearly not Iranian. He led us up some steps to the temple, where I slipped a skullcap on to my head. A lady came towards us, smiling. “Are you Jewish?” she asked.
“No,” I replied. “Sorry.”
My friend Annette and I went inside anyway, past a table of food laid out for Passover, and sat at the back as an elderly man read from the Torah in front of eight others.
I'd never have guessed that my first time inside a synagogue would be in Tehran, but Iran is full of surprises. It has a fundamentalist leadership that many in the West believe to be as nutty as a box of pistachios. But it also has a population of 65 million, most born after the 1979 Islamic Revolution (which culminated in the return from exile of Ayatollah Khomeini 30 years ago this month), and far removed from the dour and menacing stereotype often portrayed on the 10 o'clock news. The ordinary Iranian people are by far the friendliest and most welcoming I've met in more than 20 years of travelling....Link
“No,” I replied. “Sorry.”
My friend Annette and I went inside anyway, past a table of food laid out for Passover, and sat at the back as an elderly man read from the Torah in front of eight others.
I'd never have guessed that my first time inside a synagogue would be in Tehran, but Iran is full of surprises. It has a fundamentalist leadership that many in the West believe to be as nutty as a box of pistachios. But it also has a population of 65 million, most born after the 1979 Islamic Revolution (which culminated in the return from exile of Ayatollah Khomeini 30 years ago this month), and far removed from the dour and menacing stereotype often portrayed on the 10 o'clock news. The ordinary Iranian people are by far the friendliest and most welcoming I've met in more than 20 years of travelling....Link
Obama Stays the Course on Bagram............
The Justice Department today said it would adhere to the Bush administration's position that detainees imprisoned at a U.S. air base in Afghanistan have no right to challenge their confinement in U.S. courts. Last month, U.S. District Judge John Bates gave the new administration an opportunity to refine its position in cases involving four detainees incarcerated at the Bagram prison, located on a converted Soviet base about 30 miles north of Kabul. They are seeking the same rights as prisoners held at the naval base in Guantánamo Bay, Cuba -- more than 200 of whom are challenging their detention in habeas proceedings in U.S. District Court for the District of Columbia....Link
Friday, February 20, 2009
Turley 'skeptical' of Pelosi........
Does the Bush administration get a pass for alleged abuses of power? Or will a Congress that's been reticent to investigate finally reverse course? In a recent interview with Rolling Stone, Pelosi said she's supportive of contempt citations against several Bush administration officials, indicating that Karl Rove, President Bush's former political adviser, will likely be prosecuted. However, on Thursday night, Constitutional attorney Jonathan Turley took exception to Pelosi, saying he is "skeptical" of her sincerity....Link
Smoke This Recession.........
It is a time of strange bedfellows and bizarre contortions and extraordinary responses to extreme situations, all overslathered with gobs of panic and dread and oh my God, I might have to sell the Range Rover. In other words, it is a time -- like you don't already know -- of plentiful alarmist rhetoric, resulting in weird outbursts of ingenuity and wanton ethics-loosening, all in a desperate effort to suck up some much-needed cash. Translation: Money's tight, baby. City's in trouble. State's deep in the hole. Nation's broke....Link
Thursday, February 19, 2009
Criminalizing dissent......................
Democracy Now's Amy Goodman talked to Luce Guillen-Givins who is one of the first people ever to be charged under the 2002 Minnesota version of the federal PATRIOT Act. Guillen-Givins and 7 other members of the group RNC Welcoming Committee — also known as the "RNC 8" — were formally charged with conspiracy to riot in furtherance of terrorism. However, criminal complaints filed reportedly do not allege that members of the RNC 8 personally engaged in any act of violence or damage to property. "Instead, authorities are seeking to hold the eight defendants responsible for acts committed by other individuals during the opening days of the Republican National Convention," reports Democracy Now. "I think the significance is that this is one more step in the process of criminalizing dissent," Guillen-Givins. "It's the fact that we do have a right to protest. Any prosecution under a PATRIOT Act or any similar legislation infringes on those rights."....Link
Rick captures the mood of the country.........
Why are the very people who never seem to do the right things, being rewarded with my tax dollars? This country has come to the point where there is no incentive to do what's right! ... The government should be rewarding the successful people, not making them out to be the villain and confiscating their tax dollars,to redistribute it to the people living above their means! — David
Vote Here
Obama unveils $275b housing plan......
PHOENIX, Arizona – President Barack Obama Wednesday targeted the housing crisis at the root of the US economic meltdown, with a program which could cost 275 billion dollars and reach nine million homeowners. The strategy includes 75 billion dollars designed as an incentive for lenders to reduce interest rates to prevent at-risk mortgage debtors joining the millions who have already fallen victim to foreclosures. The government will also put up an additional 200 billion dollars to bolster confidence in efforts by federal lenders Freddie Mac and Fannie Mae to offer affordable mortgages and bring stability to the housing market...Link
Wednesday, February 18, 2009
THE TIP OF ETHICS ICEBERG........
NEWS broke last week that Rahm Emanuel, now White House chief of staff, lived rent- free for years in the home of Rep. Rosa De Lauro (D-Conn.) - and failed to disclose the gift, as congressional ethics rules mandate. But this is only the tip of Emanuel's previously undislosed ethics problems. One issue is the work Emanuel tossed the way of De Lauro's husband. But the bigger one goes back to Emanuel's days on the board of now-bankrupt mortgage giant Freddie Mac....Link
Obama sending 17,000 troops to Afghanistan..
In his first major military move, President Barack Obama Tuesday approved the deployment of 17,000 more troops to Afghanistan, saying they were needed "to stabilize a deteriorating situation." "There is no more solemn duty as president than the decision to deploy our armed forces into harm's way," Obama said in a statement. "I do it today mindful that the situation in Afghanistan and Pakistan demands urgent attention and swift action." Obama said the deployment orders were in response to a months-old request by the US commander in Afghanistan, General David McKiernan, who had asked for 30,000 more troops....Link
'enormous consequences' for Bush officials....
A Department of Justice report has called into question the entire legal basis of the Bush administration's repeated justifications of abusing prisoners captured in the former president's terror war. According to Monday night's guest on MSNBC's The Rachel Maddow Show, the "consequences" of some of the report's findings could be "enormous" for members of the Bush administration....Link
Tuesday, February 17, 2009
Israel seizes land for settlement expansion...
EFRAT, West Bank – Plans to expand a West Bank settlement by up to 2,500 homes drew Palestinian condemnation Monday and presented an early test for President Barack Obama, whose Mideast envoy is well known for opposing such construction. Israel opened the way for possible expansion of the Efrat settlement by taking control of a nearby West Bank hill of 423 acres. The rocky plot was recently designated state land and is part of a master plan that envisions the settlement growing from 9,000 to 30,000 residents, Efrat Mayor Oded Revivi said....Link
Storing solar energy by turning over a new leaf..
One of the most exciting talks at AAAS dealt with a breakthrough that might finally give the much-vaunted hydrogen economy a chance. Daniel Nocera, Professor of Energy and Professor of Chemistry at MIT gave a plenary lecture on a novel catalyst developed in his laboratory, one that takes inspiration from the photosynthetic pathways within plant cells to split water into H2 and O2, allowing the H2 to be used as fuel. Meeting the world's future energy demand is going to need the sun, according to Nocera, and that's only going to happen if we can store that energy for use when it's not shining. This makes sense; plants evolved to make use of high-energy chemical bonds, and the oil, gas, and coal we currently use is just stored sunshine (via plants), albeit concentrated. Hydrogen is the only viable answer compared to batteries, capacitors, or mechanical storage schemes such as pumped water or compressed air once you look at energy density, he explained, and the work from his lab might help make that possible...Link
Your'e Fired................
LOS ANGELES (Reuters) – California, which is on the brink of running out of cash, will notify 20,000 state workers on Tuesday their jobs may be eliminated, a spokesman for Governor Arnold Schwarzenegger said on Monday. The announcement came a day after California lawmakers narrowly failed to pass a $40 billion budget that would have plugged the state's deficit with a mix of tax hikes and spending cuts...Link
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