November 14, 2011
— Ace Subtitle:
Iran's Head of Missile Development Dies of "Zucotti Pud" and Mossad Bomb But Mostly Mossad Bomb
You ever notice that Muslims never want to credit the Jews with the conspiracies they really are behind?
Marilyn Monroe? Oh yeah, Jews killed her.
Pwning Iran's missile program? "Ammunition malfunction."
Brigadier General Hassan Moghaddam was said to be "responsible for industrial research aimed at ensuring self-sufficiency of the Revolutionary Guards' armaments", a coded way of confirming reports that he was responsible for its missile inventory.The authorities claimed the explosion was caused by an accident which happened as ammunition was being moved, but the high-profile status of its main victim will add to speculation that it was an act of sabotage aimed at the country's nuclear weapons programme.
One US-based commentator known to have good sources in Israel's military community said he had been told it was carried out by Mossad, co-operating with an exile group, the People's Mojaheddin of Iran (MEK).
He drew comparisons with an explosion at a base housing Shahab-3 long-range missiles just over a year ago, which killed 18 people and which was also put down by the authorities to a fire in an ammunition depot.
Amateur video of the blast's aftermath past the jump.
Iran is admitting they've been hit by Stuxnet II, called Duqu.
For the first time, Iran admitted on Sunday that it had been on the receiving end of a new cyber attack by the Duqu computer virus that allegedly targeted computers of firms in the Islamic Republic.Speaking with the official IRNA news agency, head of Iranian civil defense Brigadier General Gholamreza Jalali said that Tehran had developed a software to thwart attacks by the Duqu virus, adding that the "software to control the [Duqu] virus has been developed and made available to organizations and corporations" in Iran.
Thanks to coblogger Ben.
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— Ace Despite 60 Minutes' laser-like focus on Republicans (4 Republicans, 1 Democrat), in fact 80% of the corruption detailed in Scheweizer's book is, I'm told, on the the Democratic side.
"September 17, 2008, was by far [Rep. Jim] MoranÂ’s most active trading day of the year," writes Schweitzer. "He dumped shares in Goldman Sachs, General Dynamics, Franklin Resources, Flowserve Corporation, Ecolabs, Edison International, Electronic Arts, DirecTV, Conoco, Procter & Gamble, AT&T, Apple, CVS, Cisco, Chubb, and a dozen more companies." Schweitzer actually counts ninety companies that Moran dumped, helping him avoid big losses.
And of course we're not even talking about Professor Solyndra.

P-shop thanks to Hotspur from the Hostages.
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— Ace

...and the cop immediately becomes the GOP front-runner for President. (Modified Conan O'Brien joke.)
Kevin Hiltunen, a former NYPD officer, yesterday grabbed an Occupy Wall Street demonstrator by the collar and dragged him out of a Queens school where he’d been heckling US Rep. Bob Turner at the congressman’s swearing-in ceremony.“I guess you could say I sorted him out,” said Hiltunen, 48, his jacket and tie barely mussed after dragging the scruffy protester out on his rear end.
“All I was doing was trying to stop this historic occasion from being disrupted. There is a time and place to exercise your First Amendment rights,’’ said Hiltunen, of Bergen Beach, Brooklyn, who was identified by people at the ceremony as an ex-Marine.
“This was not the time or the venue,” Hiltunen added.
The first diagnosed case of Zucotti Ass.
Meanwhile, the Zucotti squatters (and I do mean squatters) are being counterprotested by the Forces of Normalcy, who are quite sick of the Human Pathogen Roadshow.
Angry over all-day drumming, people urinating and defecating on the streets and verbal attacks from protesters, organizers say they will rally at City Hall Monday to send officials a message. Â…Businesses have complained for weeks that the encampment is causing them to lose money, although a few have made money off the protests, as donors from all over the country have sent food from nearby restaurants to the movement.
Someone-- I forget who -- noticed that the national Democratic Party is just coincidentally distancing itself from Occupy as Democratic mayors begin pulling the plug on the mayhem.
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— Ace And the victims are ethnically Norwegian in 9 out of 10 cases -- blonde women have begun dying their hair black in order to avoid targeting for racist, religion-justified rape.
As one Muslim raped a woman, he instructed her that his religion gave him the right to do what he wished with a woman.
The basic story is 4 or 5 years old, and these recent stories are six months old. But I didn't notice them, and now Verum Serum is publicizing them.
Update: Another Reason To Hate Jews. A "cleric" says they helped kill Marilyn Monroe. I think. The cleric is pretty sure that he doesn't like Jews' attitudes towards women, at least.
In The Protocols of the Elders of Zion, they say: “Women benefit us. They help us, wherever they may be. Whenever a woman comes to our aid, we must not reject her, because we will definitely benefit from her.” If women use their clothing to do that – [Jews] benefit. If women use their makeup to do that – they benefit. If women use their moral values to do that – [Jews] benefit. If women aid them through their rebelliousness – they benefit. If women do so through any means – they benefit.
See? Gotta rape them or they get rambunctious.
It's in a book.
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— Ace You'd think Nancy Pelosi would support any sort of "sock the credit card companies" legislation, right?
Well, she did grandstand about it.
On the other hand, she never scheduled votes on it, at least not when her Visa stocks were zooming in price.
Ultimately, all of the gains from the stock already captured, she did support a weaksauce version of the bill.
Coincidence, I'm sure.
This isn't my personal judgment on whether these bills were worthy. I do know that Nancy Pelosi supports them reflexively... unless she's somehow (how?) managed to get Visa to offer her millions of dollars' worth of IPO shares.
Today's Democratic Party
We will protect The People against the predations of mega-corporations... after we've sold off and captured the gains of our stock in mega-corporations.
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— Ace Great piece by Mike Flynn explaining why this is corrupt, and how the media covers up for liberals.
Participation in a stocks IPO, i.e. Initial Public Offering, is one of the more sought after trades on Wall Street. Often, an IPO investor is able to get into a stock at a relatively low price and realize an almost immediate gain once trading commences, especially if the IPO is “hot” or, rather oversubscribed, meaning more investors wanted shares than were available. Visa’s IPO was blockbuster-level “hot.”...
Somebody, somewhere decided to allow Nancy Pelosi-or her husband-participate in what was the most anticipated IPO that year. It could have been one of the underwriters selected by Visa to manage its IPO or it could have been Visa itself that awarded the Pelosis the coveted shares. Who was it? And, did they approach Pelosi or did Pelosi approach them?
So the offer of a hot IPO is actually a gift to the recipient.
How does Politico cover this -- or cover it up?
Paul Pelosi, husband of the then-speaker, bought $2 million worth of Visa stock in March 2008.
Politico's account here seems extraordinarily mundane compared to Mike Flynn's, like all the Pelosis did was go down to their local market and stand in line to buy some rutabegas. Rather than being offered -- for some reason, despite not being major institutional investors -- an IPO which would spike in value immediately upon the initiation of public trading -- that is, VISA offered Pelosi a ten dollar bill for the unbeatable price of five dollars.
I don't think that's an accident.
To be fair, Politico might just not understand what it's talking about, and might just print up articles without calling anyone with expertise about the subject matter reported.
Not sure that helps all that much, but I guess that possibility is in the mix, too.
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— Ace I didn't see the most recent debate. I have to watch the replay-- I hear Rick Perry did pretty well. (Right?)
SNL's parody of Perry's brainfart moment is, as usual, only barely worth watching.
But the Cat video -- a cat who thinks it's a Weeping Angel monster from Doctor Who. Now that's funny. (Darnit: I'm told this video is old, and just repackaged. It used to be called Ninja Cat.)
more...
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— Ace I was over at the new Breitbart Embassy* in Washington DC to watch the 60 Minutes piece on Throw Them All Out with the author, Peter Schweizer. I heard, from other people, that John F. Kerry had heavily lobbied people to not run the story on him. I'm not sure if he lobbied 60 Minutes itself, but they did omit one of the most interesting scoops Scheweizer dug up.
I can't believe I'm saying this, but Newsweek covers it.
Kerry is one of the wealthiest members of the Senate and heavily invested in the stock market. As the final version of the drug program neared approval—one that didn’t include limits on the price of drugs—brokers for Kerry and his wife were busy trading in Big Pharma. Schweizer found that they completed 111 stock transactions of pharmaceutical companies in 2003, 103 of which were buys.“They were all great picks,” Schweizer notes. The Kerrys’ capital gains on the transactions were at least $500,000, and as high as $2 million (such information is necessarily imprecise, as the disclosure rules allow members to report their gains in wide ranges). It was instructive to Schweizer that Kerry didn’t try to shape legislation to benefit his portfolio; the apparent key to success was the shaping of trades that anticipated the effect of government policy.
[Some "to be fair" stuff, which I think is irrelevant, omitted.]
...
The Kerry trusteesÂ’ impeccable timing in drug company trades was evident again in 2007, when the federal government was weighing whether to discontinue Medicare reimbursement for certain anemia drugs used by cancer patients. When the government announced that it would limit reimbursements, shares in Amgen, one of the drugmakers at issue, dropped 15 percent. KerryÂ’s wife happened to be an Amgen stockholder but avoided losses; her shares, valued at between $500,000 and $1 million, were unloaded more than a week before the governmentÂ’s announcement.
As I mentioned to Steven K. Bannon**, every seller implies a buyer. Every time the Kerrys sold stocks at a very high price, given the information they knew was about to impact the stock, someone else bought those stocks at a very high price.
* "The Breitbart Embassy" is what they call their new townhouse in DC. This is not totally a pure name-drop or anything, because I have to explain context, and also, I think they want it known they now have a presence in DC and mean to make trouble.
** The Steven K. Bannon thing is actually a pure name-drop.
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— Ace Just announced, now on their docket for this term. A decision will come sometime between March and June.
Details: At SCOTUSblog, thanks to Drew.
Setting the stage for a historic constitutional confrontation over federal power, the Supreme Court on Monday granted three separate cases on the constitutionality of the new federal health care law, and set aside 5 1/2 hours — probably in March — for oral argument. The Court, however, did not grant all of the issues raised and it chose issues to review only from three of the five separate appeals before it. It is unclear, at this point, whether all of the cases will be heard on a single day.The Court will hold two hours of argument on the constitutionality of the requirement that virtually every American obtain health insurance by 2014, 90 minutes on whether some or all of the overall law must fail if the mandate is struck down, one hour on whether the Anti-Injunction Act bars some or all of the challenges to the insurance mandate, and one hour on the constitutionality of the expansion of the Medicaid program for the poor and disabled.
Other challenges were not granted cert, ones that I don't think ever got any traction from any lower court.
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— Monty

Things are going to suck for a while. Plan accordingly. And view any politician who promises quick fixes or easy solutions as you would a used-car salesman trying to get you into that sweet low-mileage AMC Pacer on the lot.
Will discipline and hard work come back into vogue? Maybe...it depends on the value our culture places on those traits. Ultimately, our economy is the slave of the culture: an economy is simply people doing what people do. So the ethics and motivations of those people cannot help but impact the economy. (I disagree with many of the points expressed in the linked article, by the way; I dislike most technocratic solutions to economic problems, mainly because they have such a lousy track-record in human history. Yet economists, as ever, hew to theory even in the face of inconvenient fact.)
It's only "insider trading" when the peasants do it. When a politician does it, why, that's just a perk of the office. (Saying It's not illegal doesn't make it right, chum.) More from The Daily Beast: Congress is getting rich off Wall Street.
The Federal government has been squandering taxpayer money on energy boondoggles for a long, long time.
A tour d'horizon of the Euro crisis. The question is always being posed, "Can the Europeans save the Euro?" The answer is, probably not -- the project was probably doomed right from the start because it had fundamental design flaws (not coupling fiscal policy to monetary policy being the most profound). But the wind-down of the Euro could have been done with much less pain and expense than now seems likely, and that mistake can be laid directly at the feet of the incompetent European political class.
Walter Russell Mead: "Listen up, Boomers: the backlash has begun."
What begins in arrogance often ends in shame; there are some ominous signs that the Boomers are headed down that path. Sooner or later, the kids were going to note what a mess we have made of so many things, and now, it seems, the backlash has begun.
more...
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