“The power under the constitution will always be in the people. It is entrusted for certain defined purposes, and for a certain limited period, to representatives of their own choosing; and whenever it is executed contrary to their interest, or not agreeable to their wishes, their servants can and undoubtedly will, be recalled.”

~ George Washington (1787)

Friday, September 14, 2012

Friday news clips

Libyan officials announce four arrests in Benghazi consulate attack :
NBC News reports that the Libyans are convinced that the riot was a deliberate cover to get to the American personnel.
The Hip-Hop President: All Swag, No Cattle:
If only Obama had mustered half as much energy and outrage at the homicidal Islamic plotters in Benghazi as he shows in his tirades against the Tea Party, the Koch brothers, conservative talk radio, Fox News, House GOP budget reformers or GOP presidential rival Mitt Romney and his running mate, Paul Ryan.
QE3 unleashed:
If you’re not familiar with the term quantitative easing, it’s printing money updated for the new millennium so the Fed can play chicken with inflation with the push of a button instead of having to go through the trouble of actually printing the money
Quantitative Easing, Weimar Edition:
"Create dollars out of thin air” is another way of saying, “Print money.” Since the U.S. dollar is no longer backed by gold or any other commodity other than people’s faith in the government, the Federal Reserve can just print up billions of dollars and hand them out. (“Print” in this situation is entirely metaphorical, of course: the government isn’t actually printing paper bills, but rather just arbitrarily increasing the amount of “money” it has.)
Update:

Poll shows voter-ID, traditional-marriage amendments winning in MN
For conservatives in Minnesota focused on two big initiatives on the November ballot, the latest Survey USA poll has some very good news.  For those conservatives focused on the races for Senate and the Presidency … not so much.  Barack Obama’s lead grew to 10 points after the conventions, and Amy Klobuchar is sailing to a landslide win over Kurt Bills in her first re-election fight.