Category: News

  • Financial Reform Passes in the Senate

    Thursday night the Senate passed the most robust financial regulation bill since the Great Depression. The legislation, authored by Banking Committee Chairman Christopher Dodd (D-CT), passed mostly along party-lines, 59 to 39. Four Republicans voted in favor; two Democrats voted in opposition; and two Democrats abstained. The bill will now have to be reconciled through the conference process with the mostly less aggressive House’s bill passed in December.

    The Republicans could have delayed the final vote for 30 hours after the cloture motion passed on Thursday afternoon, but declined to do so. Without any hope of derailing the bill, there really would have been no point in a delay.

    There were a few amendments that were supposed to be voted on before the final vote, however. The first was sponsored by Sen. Brownback (R-KS) and would have excluded auto dealers from the consumer financial protection bureau’s jurisdiction. But Republicans declined to bring up the amendment, as not forcing a vote automatically killed another amendment that they were against — one sponsored by Senators Merkely (D-OR) and Levin (D-MI) that would have banned banks from proprietary trading. Republicans are likely hoping that they get their amendment through the conference process, however, since the House bill excludes auto dealers from the new consumer protection regulator.

    As for the final tally, the four Republicans Senators voting in favor included Olympia Snow (ME), Susan Collins (ME), Scott Brown (MA), and Charles Grassley (IA). The only surprise there was Grassley, who did not side with Democrats on the cloture vote. The two Democratic Senators who voted against the bill were Russ Feingold (WI) and Maria Cantwell (WA). Their vote reflected their disapproval that additional more aggressive amendments were not given a vote before final passage. Senators Arlen Specter (D-PA) and Robert Byrd (D-WV) did not vote.

    The House and Senate bills have many similarities; in fact, it’s probably not a stretch to say that they are both built on the same foundational ideas. They each create a new systemic risk regulator, non-bank resolution authority, consumer watchdog, and a more aggressive regulatory framework for derivatives and securitization. But there are also some very important differences between the two bills, as the Senate bill is more aggressive in some ways, like on rating agencies and derivatives. But the House’s bill contains tougher language in other sections, such as setting leverage limits and creating a truly independent consumer financial protection agency.

    In the weeks to come, the two chambers will have to compromise on a final version of the bill. Then it will make its way to President Obama’s desk, who will eagerly sign it into law. Given the sense of urgency among Democrats to wrap the bill up, we should see the President sign it this summer.





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    Maria CantwellRuss FeingoldSusan CollinsArlen SpecterRobert Byrd

  • PBS’ Leaders on Leadership Taping at Wayne State

    Detroit Public TV’s Leaders on Leadership taping: High Performance Cars that are ALSO High Performance Boats

    Neil Jenkins, chair of Gibbs Technologies, is a leading development and production of high speed amphibian  vehicles. These cutting edge machines convert in seconds from a high performance land vehicle to a high performance watercraft. They will be available as cars, trucks and ATVs, as well as several special purpose designs. Importantly, they are being designed and built right here in southeastern Michigan

    Attend this taping and learn from this entrepreneur highly experienced in cutting edge design. Submit your leadership questions for him on the registration page and some of you will have an opportunity to ask them on-camera. Everyone will have an opportunity to be part of an informal duscussion with the guest immediately following the formal taping

    Monday, May 24 2010
    1:30 – 3: 00 p.m.
    St. Andrew’s Hall (WSU Main Campus – 918 Ludington Mall)
    Registration (mandatory) here

     

  • Donald Stocker


    Donald Stocker at the celebration of the 25th
    anniversary of the Division of Engineering
    Technology in 1998 – Photo by David Reich

     

    The College of Engineering community laments the loss of Donald Vernon Stocker, former director of the Wayne State University Division of Engineering Technology from 1981 to 1987 and professor emeritus.

    Stocker, passed away Wednesday, May 19, at his home in Onsted in Michigan’s Irish Hills. He was 83.

    The family has planned a funeral service for 3 p.m. Saturday at the Anderson Funeral Home, 265 W. Beecher Rd. in Adrian. Visitation is from 2 to 4 p.m. and 6 to 8 p.m. Friday. Visitation will also be Saturday from 2 p.m. until the service begins.

    Stocker was the third director of the Engineering Technology Division, which was created in 1972. In a 1998 interview with EXEMPLAR magazine on a return visit to the division for its 25th anniversary celebration, Stocker recalled the years of his leadership as quite lean. “Those were the tough years. The original promise – to hire teachers, augmented by part-time faculty, with no need for labs – was wrong. You still have to have laboratories. This is hands-on experience.”

    He was quite pleased at the time with ET’s growth. In 1987, it had only three faculty members. By 1998 it had seven and many adjunct faculty members as it does today.

    Stocker retired to the Irish Hills in 1989.

    He was born January, 1927 in Detroit to Alfred Otto and Elsie (Breitenbach) Stocker, and served in the United States Navy from 1945 to 1946.

    Stocker is survived by his wife, Clara, of 59 years, two daughters, Jan (Ron) Heverly of Frankfort, Mich., and Laura (Chuck) Dorais of Canton; one sister, Jeannette Stocker of Redford, and four grandchildren, Linda Reno, Richie Reno, Brett Wysocki, and Eric Dorais.

    Cremation will follow the service. Memorial contributions may be made to the USO or Lenawee County Humane Society.

    Former colleagues, students and friends of Donald Stocker are encouraged to share their memories, which will be posted, by emailing David Reich, WSU College of Engineering homepage editor, at: [email protected]

  • Gran Turismo 5 opens Nürburgring circuit all night long

    UK’s Auto Express confirmed that the Nürburgring circuit in Gran Turismo 5 will in fact have a night time mode as well. Not only that, but the Lexus IS-F that Yamauchi drove in the 24-hour race event

  • Newspaper Edits Politicians Out Of Bill Signing Photograph; Doesn’t Get Why People Think That’s Bad

    Romenesko points us to a story of a West Virginia newspaper that photoshopped three politicians out of a bill signing photo that ran with a story about the bill. Here’s both the original image and the one that ran:




    Even the photographer was shocked that his image was modified in this manner. But what’s stunning to me is that the newspaper appears to be defending the decision and not backing down:


    [The] reason the delegates were removed was due to the newspaper’s policy not to publish pictures of candidates running for re-election during the political season….

    In the newspaper, the photo caption includes the term “photo illustration” to indicate the photo had been changed.

    This is a newspaper that won’t run photos of candidates running for election? It makes you wonder how they report on those elections. With illustrations? And then to claim that it’s okay to edit a photograph by then calling it a “photo illustration” rather than a photo that’s been edited seems a bit questionable no matter where you stand on the question of journalistic ethics.

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  • Marion “Suge” Knight Arrested again Because of a Deadly Weapon

    Death Row’s former CEO, Marion “Suge” Knight, was arrested on Los Angeles on Thursday morning and he was charged with assault with a deadly weapon. He was said to be drawing his gun towards another motorist in a public place, as stated by Los Angeles cops.

    Knowing this, the California High Patrol officers pulled over the hip-hop chieftain in a white Cadillac Escalade around midnight Thursday. The rapper was held custody after the incident and the bail was set at $65,000.

    Knight was the former CEO of the Death Row records. He co-founded it with Dr. Dre, a member of the N.W.A. and who wished to depart from both his group and their label, Ruthless records, run by Eazy-E. Knight promised to make the Death Row records “the Motown of the 90’s”.

    Knight made good on his ambitions, as he secured a distribution deal with Interscope and Dre’s 1992 solo debut, “The Chronic” which became one of the most influential rap albums of all time. Death row records also discovered Snoop Doggy Dogg, whose debut album, Doggy style, was another smash hit in 1993. Death row became a brand name for gangster rapper fans out there.

    On 1995, Knight offered to pay the bail of Tupac, if he will agree to sign in for the Death Row records. Tupac Amaru Shakur agreed and had a 1996 blockbuster double album All Eyez on Me and the smash hits California Love” and “How Do U want it”. Shakur was the one who helped Death Row records to be on top of a market place.

    However, with the death of the famous Tupac, Snoop Doggy Dogg openly blasted Suge Knight for the murder of Shakur and he decided to leave the label, which he did in 1997.

    There were big troubles for Suge until now and he was arrested for many times for cases like drug and aggravated assault charges, assault with deadly weapon and he was also seen beating his girl friend of three years on August 2008.

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  • The Lazy Man’s DIY iPad Swivel Mount [DIY]

    Holding up an iPad while snuggling in bed can become tiring pretty quickly, but there’s a simple solution: Get a cheap TV mount, an iPad case, some epoxy glue, and make your own swivel mount. It’ll even look surprisingly good. More »










    Home & GardenBusinessRecreation and SportsTelevisionFlat panel display

  • NoteFly 1.0.1

    Click for Screen Shot!

    A very small, colorful note taking application.

    Features:

    • Very small application. (Less than 100kb setup) If .net framework 2.0/Mono is installed.
    • Change color of notes.
    • Make note stick on top.
    • Make notes transparent.
    • Create e-mail of note.
    • Send note to Facebook.
    • Send note to Twitter.
    • Resize notes how big or small you want it.
    • Some syntax highlight for notes that have code.
    • Fully xml based (does not need windows registry, except for running on logon)

    What´s New in version 1.0.1:

    • feature: “sticky on top” to “create new note” window added.(#0000015)
    • Sending note to e-mail does not show content in new e-mail (resolves bug #0000008)
    • Tweet a note of exact 140 chars was considered empty. (resolves bug #0000010)
    • switching left to right text back to right to left ingores not selected lines. (resolves bug #0000012)
    • “create new note” window not showed in front. (resolves bug #0000014)

    Homepage: http://www.notefly.tk/
    Download: NoteFly_v1.0.1.exe
    File Size: 97.6KB


    Related posts:

    • NoteFly 1.0.0 rc2

      A very small, colorful note taking application.

      Features:

      Very small


    Copyright © 2008
    Best Freeware Blog | Buy Laptop | Business Software Reviews

  • China’s Worst Case

    Before we get stuck into today’s market action—and boy is there a lot of it—we did manage to put together an edited version of our Skype call with Chris Mayer, who was in the Grand Hyatt in Beijing at the time. We say “we” but it was really our video editor Ben who managed to deal with the buffering and time lapses. You find part one here and part two here.

    As you’ll see, the Chinese picture is a lot more complex from up close than it is from far away. We talked about the economy, private equity, where Chinese stocks are listed, and the contrast between industries that are state-backed and those that are not. The call could have lasted a lot longer.

    Left out of the final cut was this comment from Chris, “The worst case scenario for the global economy is a full bore China collapse because there are very few answers for that.” There are one or two answers, though, as you can see from the chart below. It shows the performance of the two investments we recommended in our “Exit the Dragon” report vs. the All Ordinaries since April 30th.

    Exit the Dragon Portfolio

    Thumbing through the report this morning we read this line, with emphasis added:

    The risk is that should the Chinese economy come to a grinding halt, one of the first currencies that global investors will abandon is Australia. With such a reliance on selling our raw materials overseas, there’s little else that Australia produces – apart from houses – that will be of interest to international investors. The rush for the exit will be swift, and potentially painful. So, if that did happen, what can you do to protect yourself?

    The big down move in the Aussie dollar in the last few days has confirmed that analysis, as has the big up-move in the first recommendation on the chart above. But Bloomberg reports earlier today that the Aussie, along with the Euro, is up on speculation that policy makers will interview to stop the big slides.

    They can have a crack. But if hot global investment capital flows flee risk markets and head toward what they perceive as safety, the moves in currencies could be even bigger than you expect. And we have reason to believe, as we’ll explain later to Australian Wealth Gameplan readers in the weekly e-mail update, that the second investment recommendation could profit from a region that’s managed to stay out of the limelight so far…Japan.

    But what about the broader markets? They are selling off with conviction after a brief short-covering rally. Ironically, when you restrict short selling you remove the very mechanism with which corrections are generally reversed: a short-covering rally. When shorts cover it creates the buying that’s necessary to stop stocks from falling. You also get value investors wading it at lower levels.

    Yet policy makers—in an attempt to stop the selling—have no given traders every reason to keep selling: nobody knows what the policy is going to be tomorrow! To be fair, nobody knows anything about anything when it comes to tomorrow, except that it will probably come.

    If it does, it will be Saturday, which means we’d better get cracking on our update to paid subscribers. But not before noting Ross Garnaut’s column in today’s Australian Financial Review that government “must not be captured by private interests.” It is just the sort of article that seems sensible, and so seeming, is utterly perilous for welfare of ordinary Australians. Why?

    The most insidious of the lines in his argument is, by our reckoning, this:

    It is important that the current noise eases into constructive discussion of the public interest, in which resource sector perspectives are expressed and over time understood, without crowding out the representation of the public interest.

    Quite obviously Garnaut suggests that it is in the public interest for Australia to pass some kind of resource rent tax in order to move toward a “more equitable distribution of income, in a way that has lower economic costs other than other measures to promote distributional equity.”

    Huh?

    Leaving aside the issue of what it means for a government to base policy on promoting “distributional equity” rather than just, say respecting property and contract rights, Garnaut’s argument has one humongous embedded assumption, from which another erroneous idea necessarily follows.

    The assumption is that there IS such a thing as the public interest. It follows that once you’ve established that there IS such a thing, it is the government’s job to protect that interest against presumably nefarious, greedy, and rapacious private entities whose pursuit of their own benefit damages the public interest.

    What utter hogwash.

    You do have to give credit where credit is due, however. He has deployed an enormous amount of bright shiny red alluring linguistic lipstick on this pig of an argument. It sounds sensible, even if at an underlying logical level, it’s self-evidently absurd.

    But rather than just assert its absurdity we’ll say that there is no public interest. That is a term used mostly by lawyers, litigants, and policy makers who seek to justify action that would it be illegal to take against an individual. Thus, you have to fabricate and elevate a higher theoretical authority: the public interest.

    Before we get to the exact definition of this logical fallacy, a sensible objection should be answered: aren’t there some things that promote the general welfare better than others and shouldn’t we promote them?

    The answer to that is unequivocally yes! And the market system does promote them through the responsible stewardship of private property. People take care of what is theirs. This is proved by the tragedy of the commons, in which public property is trashed because no one takes (or has) ownership of it.

    What promotes the general welfare is a sound rule of law that protects individual liberty from the predations of the legislature. The general welfare is best promoted by people being free to pursue their own interests under the equal protection of a transparently made and enforce law. What promotes the public interest is the guarantee of private freedoms.

    Or if you want to use the lingo of the Statists, positive policy outcomes are achieved by promoting personal liberty and the rule of law. The “public interest” is in having predictable and impartial rules that don’t unexpectedly or unfairly tax people for their success but punish them when they transgress the rights of others. To the extent that there IS a public interest at all, then, it’s ensuring the rights of the individual to life, liberty, property, and the pursuit of happiness.

    Yet Garnaut’s argument, in the way public interest is defined, sets a hypothetical interest of “all society” at odds with firms and individuals and then makes the government the designated and morally enlightened guardian of what’s good for the public.

    But again, if there were such a thing as the public interest, it would probably be in protecting private citizens from the legislative and regulatory whims of those who govern them. Or preventing the government from conduction illegal searches and seizures, or prohibiting the establishment of religions, or of the right to peaceably assemble.

    This is why so much of the foundational law of free societies is “negative law.” It is a prescription on what the government cannot and must not do. Bills of rights and charters don’t define, generally, what individuals can and cannot do. They usually define precisely the limits of government power. It’s in the public interest to protect individuals from the predations of government.

    That’s a bit of political and legal theory. But logically, Garnaut is guilty of what our old classical rhetoric professor would have called the “fallacy or reification.” He has “thingified” the concept of the “public interest” and pretended as if it’s a real thing that has real enemies (the miners) and must be defended by real people (enlightened policy makers).

    It’s pretty presumptuous, really. Do the people of Australia own their land? Does the Queen of England? Or do private investors own it?

    As a legal alien, there’s only so much we know about who owns what around here. If it’s the people of Australian, then it follows that any non-indigenous Australians owe, and could be coerced into paying, a rent tax to indigenous Australians. Doesn’t it?

    Dan Denning
    for The Daily Reckoning Australia

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  • Janet Jackson’s New Super Short Hair

    This is a major change of looks.
    The 43 year old singer-actress Janet Jackson who typically wears a feminine hairstyle, long either tied up or curled down falling below the shoulders left the Cecconi restaurant at London last Wednesday with a very short shaved type of haircut wearing leather jacket and plain jeans with high black platform footwear.
    On the left is a before and after picture of the actress. Although this is kind of new to her image, many fans still regard this innovated looks as unique, sassy and trendy. Either with long hair or with short ones, Janet will always be fantastic to her fans.

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  • 2011 Hyundai Sonata GL

    Hyundai Does It Again
    Alexandra Straub, Canadian Auto Press

    I know I’m driving a cool car when I go to pick up a friend and their first reaction to it is, “Wow, what a sweet ride. Is this a new BMW?” First off, yes, it is a “sweet ride” but no, it’s not a BMW. When I explained this was the all-new 2011 Hyundai Sonata and it has been totally redesigned on the inside and out, her jaw dropped and questioned, “This is a Hyundai?” Indeed it is and it’s just that good.

    2011 Hyundai Sonata GL

    2011 Hyundai Sonata GL

    Just by looking at the exterior, I think the new Sonata is very chic. I love the sculpted hood, the aggressive profile lines and aerodynamic shape. I also love the fact that even though it’s quite pretty and makes heads turn, it has a very inviting aura. It’s not pretentious but sophisticated. It reminds me of a person who is always the life of the party, yet takes the time to talk to you, one-on-one, and doesn’t let their attention stray despite distractions. I was even impressed with the design of the 16” steel wheel covers that come with the P205/65R16 tires on the GL model, as wheel covers can sometimes look rather, how shall I put it, cheap, and these look like real alloy rims. The Sonata gets a big high-five from me for its exterior styling.

    The inside, I found, was just as nice as the outside. Double high-five, or I guess it would be a high-ten, in this case! When I first sat in the cabin I immediately noticed how fantastic the seats felt. The cloth upholstery was soft and the cushions were firm. I felt right at home. Next, I noticed how the centre stacked looked fresh and very modern. The climate buttons were similar to buttons that I have seen in much pricier vehicles. What I liked most of all was the position and shape of the shift knob. It’s like nothing else I’ve encountered in its class and also brings to it that sophistication I spoke of above. This particular GL came with the optional 6-speed automatic transmission, which came in very handy for all the city driving I did. The base GL comes, however, with a standard 6-speed manual transmission.

    To recap, the exterior is hot and the interior is just as hot, now what could make this car even hotter? A few things, actually. The first item of hotness I’m going to mention is the front seat warmers that are standard on GL trim with the automatic transmission. Within moments, my buns started to toast. That gets an A+ from me since a lot of the time this feature takes minutes to kick in. If you’re considering the Limited trim, please note that there are rear seat heaters, too! Amazing. It’s a first in-class feature. Next up, the Sonata comes with a healthy list of standard features including 4-wheel disc brakes, Bluetooth, an iPod USB port and auxiliary plug, keyless entry, steering wheel mounted audio controls, power windows, and more.

    Speaking of power, the Sonata is definitely not lacking thanks to its new and improved engine. Now found under the hood is a Theta II GDI (Gasoline Direct Injection) 2.4L, 16-valve, DOHC, 4-cylinder engine. It boasts an output of 198 horsepower and 184 lb-ft of torque. The direct injection makes a world of a difference since it allows for greater control of the fuel mixture, which, in turn, improves performance and efficiency. In fact, the Sonata not only has the best in-class horsepower (based on a 4-cylinder engine), but it also has the best estimated fuel economy with 9.4L/100km in the city and 5.7L/100km on the highway. Furthermore, acceleration is very impressive. It picks up the pace very swiftly and it doesn’t even require premium fuel to perform. That’s a combination I can get excited about.

    Another thing to get excited about are its driving dynamics. Underneath all the prettiness is a responsive and agile four-wheel independent suspension. It’s a vehicle that experiences no problems when tackling tight turns or enjoying long stretches of highway. The Sonata is also gentle enough to get people who are not feeling so great home in one piece, i.e. me. Not often do I feel not so good, but I had an off day as I was coming home from church. I was dreading getting in the car as I was feeling quite ‘green’ to begin with, but surprisingly the Sonata helped calm my woes. I found the suspension to be soothing even though I was rushing home. It was neither stiff nor sloppy and was probably the best fit for my un-fit situation. Regardless of my condition, the Sonata drove fantastically, hands down.

    With all things considered, this would normally be the section in my review where I might try to justify the rather high price tag that a car in this caliber comes with, but that’s not the case with the Sonata. Having polled my passengers on how much they thought this vehicle costs, the average dollar amount was about $30K. I was happy to report that the GL Auto trim costs a mere $24,249 (the base GL has an MSRP of $22,649). I too was floored when I read that. That’s a lot of car for not that much. And considering the top-of-the-line Sonata Limited with navigation has an MSRP $30,999 AND comes with rear heated seats, that’s nothing short of fabulous.

    Don’t be fooled by the 2011 Hyundai Sonata GL’s minimal MSRP because there is nothing cheap about this vehicle. From the lines of the exterior to the soft-touch materials used in the interior, it’s an impressive sedan hands down. So, to those looking for a mid-sized four-door, you’re doing yourself a disservice if the Sonata isn’t on your prospect list.

    2011 Hyundai Sonata GL
    2011 Hyundai Sonata GL
    2011 Hyundai Sonata GL
    2011 Hyundai Sonata GL
    2011 Hyundai Sonata GL
    2011 Hyundai Sonata GL
    2011 Hyundai Sonata GL
    2011 Hyundai Sonata GL
    2011 Hyundai Sonata GL
    2011 Hyundai Sonata GL
    2011 Hyundai Sonata GL
    2011 Hyundai Sonata GL

  • GM To Offer Fleet Customers CNG and LPG Commercial Vans

    Having worked for several different landscaping and construction companies, I got used to driving gas guzzling commercial vehicles. Though it shames me a bit to admit it (not really) I used to drive those vehicles with little regard to fuel economy or the fact that they were somebody else’s property. Often enough I broke the speed limit, stomped the gas just to hear the engine rumble, and frequently chirped the tires going around corners. I remember one particular day where I calculated getting just 6 mpg in my boss’s Chevy Silverado.

    I’ve since grown up, and out, of acting like an inconsiderate bum, but even so, there are plenty of heavy duty, gas guzzling commercial vehicles out there. Weening fleet customers off of oil and onto a cleaner burning fuel would go a long way towards cutting our dependence on oil. Today, GM announced that for the first time, fleet customers will be able to buy commercial vehicles that run on either Compressed Natural Gas (CNG) or Liquefied Petroleum Gas (LPG).

    (more…)

  • Arizona Threatens To Cut Power To L.A. Unless Boycotts Are Lifted

    Arizona threatens to cut power to L.A. unless boycotts are lifted An Arizona utility commissioner said on Wednesday that he is willing to cut off Los Angeles’ power if the city moves forward with its economic boycott of the Grand Canyon State.

    Last week, the L.A. City Council overwhelmingly approved a measure to suspend a variety of business contracts with Arizona due to the state’s controversial new immigration laws.

    Gary Pierce, a commissioner on the five-member Arizona Corporation Commission, wrote a letter to Los Angeles Mayor Antonio Villaraigosa this week stating that he was "dismayed" with the council’s decision, and would entertain the idea of fighting a boycott with a boycott unless it reconsidered the measure, according to CBS News.

    "If an economic boycott is truly what you desire, I will be happy to encourage Arizona utilities to renegotiate your power agreements so Los Angeles no longer receives any power from Arizona-based generation," he wrote.

    "However, if you find that the city council lacks the strength of its convictions to turn off the lights in Los Angeles and boycott Arizona power, please reconsider the wisdom of attempting to harm Arizona’s economy," Pierce added.

    Currently, more than one-quarter of Los Angeles’ electricity comes from Arizona-based power plants, Fox News reports.
    ADNFCR-1961-ID-19788161-ADNFCR

  • Anchor Babies And The Illegal 14th

    The response is still pouring in to my column last week on our immigration policies. Or rather, our lack of same. If you haven’t read Arizona, Si! Obama, No! and want to get caught up on the topic, just click here.

    When you finish reading my column be sure to scroll down to the bottom and read some of the hundreds of comments that readers have posted. You will be very impressed by the passion and, yes, the wisdom shown by many writers. They may be a cantankerous bunch, as I’ve said before, but there is no question that they are motivated by a fierce dedication to our country and the principles on which it was founded. I’d sleep better at night if more of them were on guard in Washington instead of the pathetic bunch of compromisers we’ve got now.

    I don’t think there was anything in that column or the comments that followed that most readers would find shocking or unbelievable. Maybe something contrary to their own passionately held beliefs, sure, but there is nothing there that is startling, outrageous or even extremely controversial.

    Today’s column will be different.

    This week I want to discuss two important corollaries to last week’s column. The first is something that is almost never mentioned in this debate, but should be. The second is something that I have never seen raised. But it’s at the heart of much that has gone wrong in this country during the last 150 years.

    Let’s begin with one of the most startling aspects of our present immigration crisis:

    It is the official policy of the United States government that any child, born in this country to illegal immigrants, automatically and immediately becomes a citizen of the United States.

    Not only that, but by becoming a newly franchised citizen, that infant is permitted to sponsor American citizenship for its mother, father and other relatives.

    Such infants are sometimes referred to as “anchor babies,” because their immediate and automatic citizenship is the “anchor” on which a host of other claims, from welfare to the citizenship of others can be made.

    On the face of it, this sounds patently absurd. How can a newborn baby be eligible for citizenship when his or her parents are not? Not merely eligible, mind you, but granted it automatically?

    Many of us have grandparents or great-grandparents who overcame incredible obstacles to become citizens of this country. Before they were accepted they had to pass a rigorous and demanding test. The questions they were asked, and their answers, had to be in English.

    As an essential part of the process every immigrant was required to renounce allegiance to the country he or she had left and to swear allegiance to his newly adopted home—the United States of America. And every new citizen was thrilled to do so.

    There was a solemn ceremony, often conducted by a judge sitting high on a bench above them, issuing the oath of allegiance. Friends and family welcomed the new citizens with hugs and tears and enthusiastic applause.

    That is what citizenship for an immigrant used to mean. But today we are required to bestow it on anyone whose mother can sneak across our border a few hours before her baby is born. That is absolutely insane.

    The new citizen is immediately entitled to all the benefits that accompany citizenship—schooling, medical care, food stamps and other welfare and a whole host of “public assistance.”

    Moreover, that new citizen is now entitled to invite other family members—mother and father, aunts and uncles, cousins and grandparents, nephews and nieces—to come visit them in their newly adopted country and even apply for citizenship here.

    How did such utter craziness come to be accepted as the law of the land?

    Well, the first thing you need to know is that there is no such law.

    If you ask how automatic citizenship for babies born to illegal immigrants came about you’ll be told that the 14th Amendment requires it.

    This is a flat-out lie. But it’s a lie that’s been promoted by those who want to overturn the established laws and customs of our country. It’s a lie that the highest officials in this country—from the White House on down—pretend is true.

    Let me share some important history with you. The 14th Amendment was proposed by Congress at the end of the Civil War. Its purpose was to make sure that newly enfranchised blacks were not denied the rights of citizenship when they returned to their homes in states that comprised the former Confederacy.

    Sadly, the 14th Amendment is worded so vaguely that an activist court—spurred on by politically motivated attorneys—can interpret it almost any way it chooses. Here’s the relevant section:

    “All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside.”

    But what does “subject to the jurisdiction thereof” mean? If you do a little research on the topic you’ll discover that this amendment was most emphatically not meant to include the children of aliens—even if their parents were in this country legally. Lawmakers assumed that since their parents were subject to the jurisdiction of the country where they were citizens—that is, their native country—so were their offspring, no matter where they were born.

    Ah, but if you do a little more research, you’ll discover a secret that’s been kept out of our history books for more than 100 years:

    There are compelling reasons to believe that the 14th Amendment was never legally adopted by a sufficient number of states to make it a valid part of our Constitution. This is why the second part of today’s column is called “the Illegal 14th.”

    First we begin with the fact that the Southern states never left the union. Oh, I’ll admit they tried to. We fought a terrible war over the issue. But Abraham Lincoln refused to recognize the Confederacy as a separate, legitimate government. Instead, he fought the war to keep the Confederacy from seceding. When the North won, Lincoln was ready to welcome the South back “with malice toward none.”

    But if the Southern states never left the Union, then as soon as hostilities ended, those states and their citizens were entitled to all of the promises and protections of the U.S. Constitution. With me so far?

    In the aftermath of the war all of the states that had comprised the Confederacy reformed their state governments, including both branches of their legislatures. (Remember, the Constitution guarantees every state “a republican form of government.”)

    When the Federal Congress approved the 13th Amendment abolishing slavery, and submitted it to the states, it was promptly ratified by most of the states in the former Confederacy and became part of our Constitution.

    But this was not enough for the Radical Republicans (as they were called then) who controlled Congress. They wanted to punish the South. Even more important, they didn’t want the Southern states sending people to Congress who would oppose their plans for Reconstruction. So they proposed the 14th Amendment.

    I can find no evidence that the 14th Amendment was ever approved by a two-thirds majority of the House and the Senate as the Constitution requires. In fact, there were plenty of contemporaries back in 1878 who said it was not. Nevertheless, the Radical Republican majority approved a resolution saying it had passed and submitted it to the states.

    Six states that had approved the 13th Amendment balked at approving the 14th. The legislatures of Alabama, Arkansas, Georgia, Louisiana, North Carolina and South Carolina said “no!” (So, incidentally, did New Jersey and Ohio.)

    The Radicals in Washington were furious. They promptly approved a series of bills, called the Reconstruction Acts that divided the former Confederacy into 10 military districts. The legislatures of each state were ordered dismissed “by force of arms” and were replaced by political hacks appointed by the Federal army of occupation. Seven of these military-controlled bodies then did as they were told and “ratified” the 14th Amendment.

    These “rump” governments were a far cry from “the republican form of government” that the Constitution guaranteed each state. Our Founding Fathers would have been aghast at what was done in the aftermath of that very un-civil war. And they wouldn’t have agreed for a second that any “vote” by these so-called legislatures could authorize a change to the Constitution.

    But change it they did. When news of these coercive measures reached Washington, Secretary of State William Seward at first refused to ratify the amendment. He was quickly brought into line by the Radical Republicans in Congress however, and on July 20, 1868, he dutifully proclaimed that the 14th Amendment was now part of our Constitution.

    And here’s something you probably never considered: The effects of this nefarious bit of legislative chicanery go far beyond citizenship for a few million children of illegal immigrants.

    Bet you didn’t know that the 14th Amendment has been used by the Supreme Court as the legal justification for banning prayer in public schools… or authorizing abortion on demand… for requiring the forced busing of children… or scores of other usurpations of power by our central government.

    If you’ve stayed with me this far I’m sure you’re saying to yourself, “Can this possibly be true? And if it is, how is it possible that the legality of the 14th Amendment has never been challenged in the courts?”

    My answer to the first question is, “Yes, I believe it is true. The 14th Amendment was never legally ratified.”

    My answer to the second is, “I don’t know.” I have not been able to find any record that any Federal court has ever issued a ruling on the adoption of “the illegal 14th.” I can’t even find evidence of the issue being raised in a lawsuit filed in a Federal court.

    I can understand why those who benefit from today’s Goliath Government want to keep this issue swept under the heaviest rug they can find. But where have the conservative and libertarian talk shows, think tanks, advocacy groups and tax-free foundations been for the past 50 years? Have any of them raised this issue? Written articles about it? Made even a peep of protest?

    If they have, I’m not familiar with it. If you know otherwise please tell me, because I really would like to know.

    And so should every American who’s concerned about the future his country.

    Until next time, keep some powder dry.

    —Chip Wood

  • Multi-vitamins Improve Mood And Mental Performance Of Healthy Men

    Multivitamins improve mood and mental performance of healthy menWhile the importance of taking nutrient supplements is well-known for the elderly, very few studies have investigated the link between vitamin intake and cognitive function among healthy adults under the age of 55.

    To explore the relationship a research team from Northumbria University recruited 215 healthy men between the ages of 30 and 55 who were all employed full-time and had them blindly receive either a proprietary multi-vitamin or a placebo for a period of one month.

    The investigators tested each participant both before and after the study with a variety of mood, stress and health questionnaires. They also analyzed their mental capabilities by having them undergo simple arithmetic examinations.

    At the point of follow-up, the participants who took daily multi-vitamins reported considerable improvements in mood, stress levels and cognitive function. The control group participants experienced no significant benefit.

    "The assumption was made here that the men tested enjoyed typical nutritional status," said lead author David Kennedy.

    "However, the very fact of being able to improve mood, ratings of mental health and vigour and aspects of task performance by simple supplementation with B vitamins, vitamin C and minerals indicates that the cohort must have been suffering from less than optimal micronutrient status at the outset."
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  • Annie, Hannity, Goldman Sachs And Gold

    *Leapin’ lizards, folks, Annie’s gone. I’m sorry to report that Little Orphan Annie won’t live to see 100. The folks at Tribune Media Services say the last column of the iconic comic strip has been sent to the handful of newspapers that still run it. The column made its debut on Aug. 5, 1924. Annie and her dog Sandy have enjoyed a lot of unlikely adventures since then. The spunky little girl—the inspiration for a radio show, several movies and a Broadway musical—never got any older. She never got any pupils in her eyes, either.

    *Sean Hannity knows one when he sees one. Re: my column a few weeks ago, Is Barack Obama a Socialist?, one popular media conservative says he has no doubts. In his best-selling book, Conservative Victory—Defeating Obama’s Radical Agenda, Sean Hannity titled one chapter “Obama the Socialist.” In it he says our president “meets the dictionary definition” of being one. I still disagree, Sean.

    *Guess who got the most money from Goldman? I’m not talking about bailouts to banking buddies, but instead, political contributions by those “Wall Street fat cats” our politicians love to bash. During the 2008 presidential campaign, Goldman Sachs wrote a lot of checks to the contenders. Here’s who got what: No. 1, Barack Obama—$996,595; No. 2, Hillary Clinton—$411,150; No. 3, Mitt Romney—$234,275; No. 4, John McCain—$230,095. Looks like Wall Street can spot a winner when it sees one.

    *Would you like gold with that? Did you see that large, full-color photo of a gold-dispensing vending machine last week? It ran in several newspapers, including The Washington Post and the Wall Street Journal. The machine is located—you won’t be surprised to learn—in the lobby of the Emirate Palace hotel in Abu Dhabi. Maybe there’s a trend here. Last year Harrods’s, the luxury department store in London, began selling gold coins and bars to its affluent customers who wanted them. How soon before we see gold being offered for sale at Wal-Mart?

    —Chip Wood

  • Civil Rights Groups Sue Arizona, Claim Immigration Law Violates First Amendment

    Civil rights groups sue Arizona, claim immigration law violates First Amendment As the firestorm of criticism continues to surround the recently passed Arizona immigration law—which allows police officers to demand documents from individuals who they suspect may be in the United States illegally—major civil rights organizations have filed a lawsuit challenging the legislation.

    The American Civil Liberties Union (ACLU) and a coalition of civil rights groups filed a class action lawsuit in the U.S. District Court for the District of Arizona, charging that the law is "extreme," opens doors to racial profiling of minorities, violates the First Amendment and interferes with Federal law.

    "Arizona’s law is quintessentially un-American: we are not a ’show me your papers’ country, nor one that believes in subjecting people to harassment, investigation and arrest simply because others may perceive them as foreign," said Omar Jadwat, a staff attorney with the ACLU Immigrants’ Rights Project.

    Jadwat expressed his confidence that the lawsuit will prevent the law from ever being implemented.

    He was seconded in his opinion by Victor Viramontes, senior national counsel for the Mexican American Legal Defense and Education Fund (MALDEF), who stated that the law is "discriminatory" and "pushes Arizona into a spiral of fear, increased crime and costly litigation."

    In addition to MALDEF, the ACLU was joined by the National Association for the Advancement of Colored People, ACLU of Arizona, National Day Laborer Organizing Network and the Asian Pacific American Legal Center. ADNFCR-1961-ID-19785072-ADNFCR

  • Representative Mark Souder Admits To Having An Affair, Resigns

    Representative Mark Souder admits to having an affair, resigns Representative Mark Souder (R-Ind.) announced his resignation on Tuesday after admitting having an extramarital affair with a part-time female staffer.

    The eight-term congressman—a conservative Christian who often preached family values—recently survived a contentious primary election where he garnered less than 50 percent of the vote.

    Souder was mysteriously absent from Washington for the last two weeks while rumors of his alleged affair began to surface. The congressman had claimed to be home attending to his ill wife while missing several key votes in House, Fox News reports.

    "I wish I could have been a better example," said Souder. "In this poisonous environment of Washington, D.C., any personal failing is seized upon, often twisted, for political gain. I am resigning rather than to put my family through that painful, drawn-out process."

    With Souder’s resignation, the GOP may be at a greater risk of losing the seat to a Democratic challenger. A spokeswoman for Indiana Republican Governor Mitch Daniels said that a special election will be held in the next 30 days to select a Republican candidate, according to The Associated Press (AP).

    The winner of the election will move on to face Fort Wayne, Ind., city council member Tom Hayhurst, who nearly beat out Souder in the 2006.
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  • Toyota and Tesla, a Match Made In Electric Heaven?

    At first glance, Toyota and Tesla don’t have a whole lot in common. The former is the world’s largest automaker, while the latter is a small, electric car-only company that only recently surpassed delivering its 1,000th car. But both companies have a lot of green cred; Toyota for its best-selling Prius, Tesla for being the first company to successfully build and globally market a modern electric car. Soon, the two may have even more in common.

    California Governor Arnold “The Governator” Schwarzenegger was speaking this morning at a Google event, when he let slip that Tesla and Toyota will be building electric cars. Together. Whaaa?

    (more…)