China’s European Bailout (And TBTF) Bid Hits Overdrive, As Wen Jiabao is Now in the Market for Hungarian Bonds
In continuing its recent pursuit of “white knight on full retard tilt” policies vis-a-vis the endless European bailout, and throwing good money after bad after horrible after totally lost, today Chinese premier Wen Jiabao said that not only would China do everything in its power to preserve the EUR (after all that CNY needs to be cheap against some currency) and “work for expeditious recovery and stable growth” but also unveiled that it is now preparing to go ahead an buy Hungarian bonds. As if owning Greek, Portuguese, Spanish and Irish debt was not enough. It seems China has learned from the best, and either knows something others don’t (except for the SHIBOR market of course) or is actively preparing to become Too Biggest To Fail by making sure that should something bad happen to it literally the entire world will follow it into the depths of hell. Which, as Jamie Dimon, Vik Pandit, Lloyd et al have known for the past 3 years, is not a bad strategy. Look for China to keep buying up ever more European debt as it intertwines its fate with that of the rest of the central planning cartel.
| — Hat tip: Fjordman | [Return to headlines] |
Van Rompuy’s ‘Egg’ Goes Down Badly at EU Summit
EU Council head Herman Van Rompuy scored an own goal at the EU summit by putting forward plans for an expensive new headquarters at an inopportune moment.
| — Hat tip: Fjordman | [Return to headlines] |
Privately Built Spaceship Two Keeps Passing Glide Tests With Flying Colors
SpaceShipTwo, a privately built rocket plane designed to take tourists on suborbital flights, continues to chalk up more flight time as it glides through the skies over the Mojave Air and Space Port in California. Another successful glide of the first SpaceShip Two craft, christened VSS Enterprise, took place June 23, marking the 14th glide flight test of the vessel — an 8-minute, 55-second free fall after midair release from its mothership. The test came a week after VSS Enterprise proved it could be flown on back-to-back days. The two-pilot SpaceShipTwo is designed to rocket six paying passengers on a suborbital trajectory to space without making a full orbit around the Earth. The ride to the edge of space will come at a per-seat price of $200,000. The first passenger flights could launch as soon as the end of this year, the spaceship’s builders have said.
| — Hat tip: Fjordman | [Return to headlines] |
Remove Obama, Before He Removes You!
One week ago, June 14, 2011, America’s national enemy in the White House passed the Dream Act, by executive order. These means amnesty for all illegals. A week before that, June 9, 2011, the same enemy in the White House passed, by executive order, the White House Rural Council, giving the federal govenment complete control over all American rural lands, and the 16% of the country’s population that lives on those lands. And people wonder why BadEag.com refers to Barry “Obama” Soetoro as the alien, lying black African Communist Muslim traitor. What part of the extended nomenclature is untrue?
Of course, the country hasn’t heard about these traitorous acts because the press is mum. Lest Americans rise up in the true spirit of patriotism and oust the traitors from Washington, we must receive the poison in small increments, and not even be aware of it. And lest the patriots be imprisoned as maniacal Muslims of Iraq, Lybia, or Syria, we apparently are content to comment on our sinking ship, rather than throw the command overboard.
| — Hat tip: Fjordman | [Return to headlines] |
EU Agrees to Reform Internal Border Rules
EU leaders on Friday agreed to establish a “safeguard mechanism” allowing the re-introduction of internal borders in exceptional circumstances, potentially curbing one of the most integrative aspects of EU membership.
| — Hat tip: Fjordman | [Return to headlines] |
UK: Sayeeda Warsi Takes on Critics in the Rightwing Press
Yorkshirewoman and the first Muslim to be first full member of British cabinet pulls no punches against Daily Mail columnist
Sayeeda Warsi rolls back in her chair and bursts out laughing. “I don’t read her, actually. I call her Mad Mel,” Lady Warsi says of Daily Mail columnist Melanie Phillips, who has denounced her as “stupid”. Warsi, a proud Yorkshirewoman, rarely pulls her punches. As the first Muslim to sit as a full member of the British cabinet, she fell foul of Phillips in January after she declared in the Sternberg lecture that Islamophobia had “crossed the threshold of middle-class respectability”. Phillips’ barbed response was to describe Warsi, the Tory co-chair, on her Spectator blog as “at best a stupid mouthpiece of those who are bamboozling Britain into Islamisation, and at worst a supporter of that process”.
| — Hat tip: Fjordman | [Return to headlines] |
Flotilla 2: Israel Prepares for ‘Security Risk’
Israel’s Navy is completing its preparations to block the ‘Flotilla’ of pro-Palestinian activists that is about to set sail for Gaza over the coming days to try and break the sea blockade of the Gaza Strip. “That Flotilla represents a threat to security of Israeli civilians”, the country’s army spokesperson repeated on its website today, stating that permitting free navigation to Gaza would open the doors for “the terrorists of Hamas” to re-supply themselves with arms in an uncontrolled way, arms that would doubtlessly then be pointed at Israel. Given that checks on the high seas do not offer sufficient guarantees, inspections of ships headed towards Gaza will have to take place in the harbours in future.
| — Hat tip: Fjordman | [Return to headlines] |
Israel PM’s Son Accused of Anti-Islamic Comments
An Israeli newspaper reported on Friday that one of Prime Minister Benjamin Netanyahu’s sons had posted anti-Islamic remarks on his Facebook page. “Terror has a religion and it is Islam,” the Haaretz newspaper said Yair Netanyahu, who is also a soldier in the Israeli Army, wrote after a Jewish family was killed in March in the occupied West Bank. Two Palestinian men were later charged with killing the young couple and their three children. Haaretz said the posts were deleted after it inquired about them and were no longer visible on Yair Netanyahu’s page.
| — Hat tip: Fjordman | [Return to headlines] |
Mosque in Beersheba to Remain an Islamic Museum
The Beersheba Municipality has rejected a petition by the Bedouin Muslims of the Negev to pray in the old mosque of Beersheba.
The Baseiso mosque was built in 1906 by the Ottoman Empire and served as a mosque until 1950. At that time, the Israeli’s decided to convert the mosque into a Museum for Islamic and Israeli culture.
The High Court of Justice rejected a petition by the Negev’s Muslim Committee and the Bedouin Rights Protection Foundation to convert the museum into a mosque for local Muslims to use it for prayer.
The Municipality stated that, “an active mosque in the heart of a Jewish city is unthinkable.” They also claimed that converting the museum back into a mosque for public prayer would threaten the city’s security.
Beersheba Mayor Rubik Danilovich stated that, “the city views Muslim prayer as an element of incitement.”
There remains no active center for the five thousand Muslims remaining in Beersheba, which compels them to pray on the street, in other public places, or not at all.
Since 1948, the population of Beersheba is mostly Jewish with no significant Arab population.
| — Hat tip: TV | [Return to headlines] |
UAE: Dubai Celebrates First Generation of Clone Camels
A generation of cloned camels is walking around in the United Arab Emirates desert, making the emirate of Dubai the first city in the world to clone camels. The UAE cloning three years ago, in 2009, when the first cloned camel was born. After this success, Dubai continued the project and a second camel was born last year. In 2011 the Dubai cloning centre produced eight camels by cloning. All animals are in good health and they will soon be ready to excel in international races, Al Arabiyya’s website reports.
| — Hat tip: Fjordman | [Return to headlines] |
Terror by Any Other Name: Osama Eyed Name Change
As Osama bin Laden watched his terrorist organization get picked apart, he lamented in his final writings that al-Qaida was suffering from a marketing problem. His group was killing too many Muslims and that was bad for business. The West was winning the public relations fight. All his old comrades were dead and he barely knew their replacements.
Faced with these challenges, bin Laden, who hated the United States and decried capitalism, considered a most American of business strategies. Like Blackwater, ValuJet and Philip Morris, perhaps what al-Qaida really needed was a fresh start under a new name.
The problem with the name al-Qaida, bin Laden wrote in a letter recovered from his compound in Pakistan, was that it lacked a religious element, something to convince Muslims worldwide that they are in a holy war with America.
Maybe something like Taifat al-Tawhed Wal-Jihad, meaning Monotheism and Jihad Group, would do the trick, he wrote. Or Jama’at I’Adat al-Khilafat al-Rashida, meaning Restoration of the Caliphate Group.
| — Hat tip: Fjordman | [Return to headlines] |
The Steady Eclipse of the Western Mind
Appallingly, that fine and prominent Australian journalist Andrew Bolt is being prosecuted in an Australian court for racial discrimination. Nine people are suing Bolt and the Herald-Sun over Bolt’s suggestion that some people choose to assert Aboriginal ancestry in order to advance their careers.
Prosecuted for racial discrimination. Over saying that. Just think about that for a moment. Mark Steyn, who himself went through a similar experience in Canada, delivered this priceless presentation in support of Bolt at an event the other day. The event was attended by nearly 600 people deeply concerned — as well they might be — by this most sinister threat to western freedom.
Truly the light is going out in the west.
| — Hat tip: Fjordman | [Return to headlines] |
Flashy Sports Cars Are Male ‘Short-Term Mating Signal’
Men who buy flashy sports cars might be more successful at getting a date, but women do not see them as good marriage material, a study suggests. Researchers from Texas and Minnesota carried out tests on nearly 1,000 people to find out the signals sent out by spending behaviour. Although men used spending on luxury items as a short-term mating signal, women did not spend to attract men. The study appeared in the Journal of Personality and Social Psychology.
The US researchers discovered that women found a man who chose to buy a flashy, expensive product — like a Porsche car — more desirable than the same man who bought a non-luxury item, like a Honda Civic. However, women are aware of a man’s intentions in acting this way, the study says, because women found the man with the Porsche less desirable as a marriage partner than as a date.
| — Hat tip: Fjordman | [Return to headlines] |
Conservative Chic: The Muna AbuSulayman Collection
We have all met Muna AbuSulayman, the TV personality, and we’re all fans of Muna AbuSulayman, the United Nations goodwill ambassador. While most know her today as Muna AbuSulayman, the current secretary-general at the Alwaleed Bin Talal Foundation, it is her newest hat — or scarf, in this case, that has us talking.
| — Hat tip: Fjordman | [Return to headlines] |
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