Sarah Palin Announces Resignation as Governor of Alaska - BREAKING 7/3/09
Breaking News from CNN and other sources this afternoon says that Gov. Sarah Palin of Alaska has decided to not run for reelection as Alaska governor, and furthermore, has decided to resign as Governor effective July 26 . . . . (MORE)
(Excerpt) Read more at freedomslighthouse.com …
Hilarious: Colin Powell “Concerned” With Obama’s Spending (Video)
Former Secretary of State Colin Powell tells CNN’s John King that he’s concerned about President Obama’s spending.
Gallup Poll:More Americans See Democratic Party as “Too Liberal”
A Gallup Poll finds a statistically significant increase since last year in the percentage of Americans who describe the Democratic Party’s views as being “too liberal,” from 39% to 46%. This is the largest percentage saying so since November 1994, after the party’s losses in that year’s midterm elections.

Most major demographic and attitudinal subgroups show at least a slight uptick since 2008 in perceptions that the Democratic Party is too liberal. The increasing perception of the Democrats as too far left comes as President Obama and the Democrats in Congress have expanded the government’s role in the economy to address the economic problems facing the country. Additionally, the government is working toward major healthcare reform legislation and strengthening environmental regulations.
Notably, there has been no change over the past year in the percentage of Americans who say the Republican Party is “too conservative,” though the 43% who say the party leans too far to the right matches the historical high mark set last year.
Read full story at Gallup
Hmmm: Obama Increasing Aid to Jordan and Other Muslim Countries
(IsraelNN.com) In the latest in a recent series of increased American assistance efforts for Arab and Muslim states, U.S. President Barack Obama has allocated an additional $150 million to the Hashemite Kingdom of Jordan. The regimes leading Egypt, the Palestinian Authority, the United Arab Emirates and even Saudi Arabia have all benefited from recent American policy shifts.
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Egypt received $310 million in supplemental appropriations from the U.S. House of Representatives, currently controlled by Obama’s Democratic party. At the same time, 2009 State Department funding for the promotion of democratic initiatives in Egypt was cut from $50 million to $20 million. In addition, the U.S. has agreed not to give any of the pro-democracy funds to organizations that are not approved by the Mubarak regime. In the year 2007, Egypt received a total of $2.4 billion.
On another front, in March of this year, it was reported that the Obama administration planned to dramatically increase funding to the Palestinian Authority for security training, which is conducted by Jordanian police under the supervision of U.S. General Keith Dayton. The U.S. allocated $75 million for the PA police training in 2008, but reports indicated that the Obama administration was planning to pump up to $130 million into the program in 2009. In any event, the U.S. has already pledged $600 million in funds to the Palestinian Authority, with another $300 million for humanitarian aid to the Hamas regime in Gaza.
(Excerpt) Read more at israelnationalnews.com …
What goes up must come down: Obama Approval Index Falls Below Zero (Rasmussen poll)
The Rasmussen Reports daily Presidential Tracking Poll for Tuesday shows that 31% of the nation’s voters now Strongly Approve of the way that Barack Obama
Over the past two weeks, the Presidential Approval Index has stayed in a narrow range between +2 and -2. Fifty-seven percent (57%) of Democrats Strongly Approve while 60% of Republicans Strongly Disapprove. Fifty percent (50%) favor passage of the health care reform proposal being crafted by Obama and Congressional Democrats. Forty-five percent (45%) are opposed.
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Obama admits: Cap and Trade will cause energy prices to skyrocket

Obama is really good about keeping his true intentions hidden. But every once in a while he lets the truth slip out. In this interview from 2008 he admits his plans for cap and trade will “cause energy prices to skyrocket.” And, that’s actually what he wants them to do. That way we’ll be forced to be more green and use less energy. In the same interview he also admitted that he wants the coal companies to be forced out of business. These are radical leftist views. He doesn’t care how many people it hurts to achieve his insane goals. There must be something about being in San Francisco that causes BHO to let his guard. Probably because he feels he’s surrounded by likeminded radicals. That’s where this interview took place and that’s where he made his condescending quote about America being full of bitter people who cling to their religion and guns for solace. Maybe if we relocated the White House to San Fran he’d actually tell the American people the truth. LINK 1 LINK 2 LINK 3
Bernanke Threatens Economic Collapse If Fed Audited
“My concern about the legislation is that if the GAO is auditing not only the operational aspects of the programs and the details of the programs but making judgments about our policy decisions would effectively be a takeover of policy by the Congress and a repudiation of the Federal Reserve would be highly destructive to the stability of the financial system, the Dollar and our national economic situation.”
(Excerpt) Read more at digg.com …
ABC: ‘President struggled to explain’…
President Obama struggled to explain today whether his health care reform proposals would force normal Americans to make sacrifices that wealthier, more powerful people — like the president himself — wouldn’t face.
The probing questions came from two skeptical neurologists during ABC News’ special on health care reform, “Questions for the President: Prescription for America,” anchored from the White House by Diane Sawyer and Charles Gibson.
Dr. Orrin Devinsky, a neurologist and researcher at the New York University Langone Medical Center, said that elites often propose health care solutions that limit options for the general public, secure in the knowledge that if they or their loves ones get sick, they will be able to afford the best care available, even if it’s not provided by insurance.
Read full story here
The Sun:Michael Jackson dies at the age of 50: “Collapsed after an injection of potent Demerol”
PARAMEDICS dashed to dying Michael Jackson’s side after a panic-stricken phone call from the superstar’s Los Angeles home.
The dramatic call was made by a member of staff last night at just after 8pm UK time.
Fire Department medics responded to the alert and arrived to find the 50-year-old singer collapsed and not breathing. He had suffered a cardiac arrest.
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Los Angeles County Coroner Fred Corell last night confirmed that Jackson had died of heart failure at 2.26pm local time.
Last night it was suspected his collapse could have been caused by an overdose of painkiller.
An Emergency Room source at UCLA hospital said Jackson aides told medics he had collapsed after an injection of potent Demerol — similar to morphine.
A Jacko source said: “Shortly after taking the Demerol he started to experience slow shallow breathing.
“His breathing gradually got slower and slower until it stopped.
Read full story at The Sun
Here we go again! Barney Frank asks FANNIE and FREDDIE to relax Mortgage lending rules…
Two U.S. Democratic lawmakers want Fannie Mae and Freddie Mac to relax recently tightened standards for mortgages on new condominiums, saying they could threaten the viability of some developments and slow the housing-market recovery, the Wall Street Journal said.In March, Fannie Mae (FNM.N)(FNM.P) said it would no longer guarantee mortgages on condos in buildings where fewer than 70 percent of the units have been sold, up from 51 percent, the paper said. Freddie Mac (FRE.P)(FRE.N) is due to implement similar policies next month, the paper said.
In a letter to the CEO’s of both companies, Representatives Barney Frank, the chairman of the House Financial Services Committee, and Anthony Weiner warned that a 70 percent sales threshold “may be too onerous” and could lead condo buyers to shun new developments, according to the paper.
The legislators asked the companies to “make appropriate adjustments” to their underwriting standards for condos, the paper added.
In an interview with the paper, Weiner said the rules have “had a real chill on the ability to get these condos sold,” at a time when prices of condos have fallen enough to attract potential buyers.
In addition to the 70 percent sales threshold, Fannie Mae will also not purchase mortgages in buildings where 15 percent of owners are delinquent on condo association dues or where one owner has more than 10 percent of units, as the firm sees these as signals that a building could run into financial trouble, the paper added.
Read full story here
