Archive for April 28th, 2012
How many “found” guns came from the ATF’s blatant gun trafficking scheme called “Fast and Furious?”
From The Hill:
Nearly 70 percent of all guns found in Mexico came from the U.S. over the past four years, according to data released by the federal government on Thursday.
More than 68,000 of the 99,691 firearms that were recovered between 2007 and 2011, and submitted to the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) for trace testing, were either made in the U.S. or legally brought into the U.S. at one point, according to the agency.
Both gun-rights supporters and opponents have used the ATF’s numbers in years past to argue for their cause.
Gun-rights advocates say the numbers do not accurately reflect the true number of guns found in Mexico, which they argue is much higher. But instead, the ATF’s data reflect only the number of guns that were submitted for traces. Some gun advocates in the U.S. have argued further that Democrats try to use the inflated numbers to make their case for stricter gun laws.
It’s a proven fact. Not to mention that the US government sells firearms to the Mexican military…oh who happened to “misplace’ 9,000 firearms. Under Obama, the US has increased sales of firearms to Mexico. This along with the Fast and Furious scheme which is being done to push for more gun controls.
But groups in favor of curbing illegal guns look at the ATF’s numbers as an accurate reflection of the U.S.’s largely invisible role in the bloody drug violence that has plagued Mexico for the past five years and resulted in the killing of more than 47,000 people.
Yes, Mexico’s corrupt government, terrible economy and violent drug cartels have no blame its all those ‘evil’ legally purchased US guns fault.
In 2011, the ATF recovered and traced about 20,000 guns that were found in Mexico. About half of those – 10,514 – were manufactured in the U.S., and nearly 4,000 of the traced guns had been previously brought into the U.S. legally, according to the ATF’s numbers. About 3,600 of the guns found in 2011 were made outside of the U.S.
Obama’s lies and hypocrisy know no bounds.
The Obama administration threatened to veto the House Republican version of the extension of the student loan bill Friday, arguing that it cuts funding for preventive health services to offset the one year extension of the 3.4 percent student loan rate.
In a statement released Friday, the OMB said the GOP version of the bill includes “an attempt to repeal the Prevention and Public Health Fund, created to help prevent disease, detect it early, and manage conditions before they become severe. Women, in particular, will benefit from this Prevention Fund, which would provide for hundreds of thousands of screenings for breast and cervical cancer. This is a politically-motivated proposal and not the serious response.”
But House Speaker John Boehner’s office countered the president’s threat by saying President Obama already authorized trimming down the Prevention and Public Health Fund in his proposed FY2013 budget.
“The president is so desperate to fake a fight that he’s willing to veto a bill to help students over a slush fund that he advocated cutting in his own budget. It’s a simple as this: Republicans are acting to help college students and the president is now getting in the way,” Brendan Buck, a spokesman for Boehner, said.
The president’s proposed FY2013 budget includes gradual reductions in the Prevention and Public Health fund amounting to over $4 million in the span of ten years beginning in 2014.
As Janet Napolitano would say “the system worked.”
ATLANTA (AP) — Employers at some U.S. airports are being allowed to hire workers without completing all background security checks because of a backlog in the screening process, federal officials said.
The backlog and resulting relief granted to airports was first reported by WSB-TV in Atlanta, which obtained a memo from airport officials outlining the Transportation Security Administration directive. The memo was sent from Hartsfield-Jackson Atlanta International Airport officials on April 20 to airlines and contractors there. It says workers can be granted access to certain parts of the airport before their checks are finished.
“To allow for a continuity of operations, TSA has provided airports and airlines with interim regulatory relief,” TSA spokesman Jon Allen said in a statement. “At no time was security at risk, and all new employees will still undergo identity verification and be subject to watch list matching.”
The agency did not say how many airports have taken advantage of the change and given workers preliminary clearance, nor how long employees can work without full security clearance. The memo sent at Atlanta’s airport — the world’s busiest — did say that all employees must eventually be given full security clearance, and those who fail the check will immediately have their clearance revoked.
Employees can begin working so long as they have been fingerprinted and their information has been submitted for background checks, according to the memo.
From Sports Illustrated:
NEW YORK (AP) — The federal government is investigating the business practices of the NBA players’ association.
The union confirmed Friday it has received a subpoena for documents from the U.S. attorney’s office in Manhattan and says it will cooperate with the investigation.
The NBPA also said in a statement that it has appointed a special committee to oversee an internal inquiry, including a financial audit.
Recent reports have questioned the NBPA’s finances and spending practices, largely having to do with the hiring of family members and firms that employ relatives of executive director Billy Hunter. Hunter says he will cooperate with the internal inquiry, but will not be in involved in the effort so it remains independent.
Smells like more Obama hypocrisy. When will the left learn that anything Obama says expect it to have an expiration date? Not to mention a CIA memo shows that the one who controlled the bin Laden planning and operation was Admiral McRaven, not Obama.
The Obama campaign opened up a new line of attack on Mitt Romney Friday, suggesting that as commander-in-chief Romney might not have made the same decision to order an attack by U.S. forces to kill terrorist mastermind Osama bin Laden that President Obama did.
In a new web video titled “One Chance,” the Obama team features former President Bill Clinton praising Obama for deciding to launch the strike last year. “Why path would Mitt Romney have taken?” the clip asks.
But four years ago this April, the Obama campaign criticized Democratic rival Hillary Clinton for using Osama bin Laden in a political ad.
On the eve of the 2008 Pennsylvania primary, Clinton’s campaign released a television commercial featuring an image of bin Laden and invoking President Harry S. Truman’s quote: “If you can’t stand the heat get out of the kitchen.”
The ad never mentioned Obama by name, but it was part of the Clinton campaign’s effort to brand the Illinois Senator as inexperienced, especially in the foreign policy arena.
“Who do you think has what it takes?” the ad’s narrator says as an image of Clinton flashes on the screen. (The ad showed a brief clip of bin Laden as well as images of Pearl Harbor, the 1920′s stock market crash, Fidel Castro, the fall of the Berlin Wall). “You need to be ready for anything, especially now.”
The Obama campaign spokesman, Bill Burton, accused the Clinton team of playing “the politics of fear” just like George W. Bush.
About time but where’s the perjury charges?
(CBS News) — House Republicans investigating the Fast and Furious scandal plan to pursue a contempt citation against Attorney General Eric Holder, senior congressional aides told CBS News.
The resolution will accuse Holder and his Justice Department of obstructing the congressional probe into the allegations that the government let thousands of weapons fall into the hands of Mexican drug cartels.
The citation would attempt to force Holder to turn over tens of thousands of pages of documents related to the probe, which has entered its second year.
For months, congressional Republicans probing ATF’s Fast and Furious “Gunwalker” scandal – led by California Republican Rep. Darrell Issa, have been investigating a contempt citation. They’ve worked quietly behind the scenes to build support among fellow Republicans, since it could ultimately face a full House vote.
CBS News has confirmed that House Speaker John Boehner, an Ohio Republican, was provided a 48-page long draft by Issa, who heads the House Oversight and Government Reform Committee.
“While there are very legitimate arguments to be made in favor of such an action, no decision has been made to move forward with one by the Speaker or by House Republican leaders,” a Republican leadership aide told CBS News.
The media isn’t talking much about the fact that the U.S., under Obama, has just turned into Greece. Yes, the U.S. debt is now more than the United States Gross Domestic Product. These numbers haven’t been seen since World War II.
Today, without much fanfare, US debt to GDP hit 101% with the latest issuance of $32 billion in 2 Year Bonds. If the moment when this ratio went from double to triple digits is still fresh in readers minds, is because it is: total debt hit and surpassed the most recently revised Q4 GDP on January 30, or just three weeks ago. Said otherwise, it has taken the US 21 days to add a full percentage point to this most critical of debt sustainability ratios: but fear not, with just under $1 trillion in new debt issuance on deck in the next 9 months, we will be at 110% in no time. Still, this trend made us curious to see who has been buying (and selling) US debt over the past year. The results are somewhat surprising. As the chart below, which highlights some of the biggest and most notable holders of US paper, shows, in the period December 31, 2010 to December 31, 2011, there have been two very distinct shifts: those who are going all in on the ponzi, and those who are gradually shifting away from the greenback, and just as quietly, and without much fanfare of their own, reinvesting their trade surplus in something distinctly other than US paper. The latter two: China and Russia, as we have noted in the past. Yet these are more than offset by… well, we’ll let the readers look at the chart below based onTIC data and figure out it.
I guess it’s still going to be blamed on Bush who has been out of office since 2009 or maybe Obama will blame it on those student loan interest rates he’s been crying about?
The U.S. economy expanded at an annualized rate of 2.2 percent in the first quarter, a slower pace than expected, keeping the recovery on track but failing to generate enough activity to knock down the jobless rate significantly.
This first estimate will be revised later, but economists in various surveys had expected gross domestic product growth – the output of all goods and services, from cars to electricity to manicures — at 2.5 percent to 3.2 percent annualized.
“In reviewing the numbers, the fear now is that we may be running out of runway before the onset of another recession. We will not be surprised to see continued growth in GDP given the fact that privately held companies continue to grow at a healthy rate,” said Brian Hamilton, CEO of Sageworks. “However, what is becoming slightly concerning is that the unemployment rate is not decreasing at a fast enough rate. ”
GDP growth was 3 percent in the final three months of 2011. Much of the growth in the October-December quarter was due to businesses aggressively restocking their supplies. The pace of restocking is expected to have declined last quarter.
Historically, Hamilton noted, it has taken approximately 12 to 20 months for unemployment to fall in an expansion to roughly pre-recession levels. ”Right now, we are into the 34th month of the recovery, and, yet, unemployment remains too high. If we don’t get employment up, we may be bumping into the next recession, during which time we cannot expect job growth.”