On Jan. 11, President Bush ended his visit to Israel by visiting Yad
Vashem, the country's monumental Holocaust memorial. "I wish as many
people as possible would come to this place," Bush said. "It is a
sobering reminder that evil exists and a call that when evil exists we
must resist it."
That was the day after Bush called for "painful political concessions"
from Israel with regard to the Palestinian Arabs, explaining, "There
should be an end to the occupation that began in 1967. The agreement
must establish a Palestine as a homeland for the Palestinian people
just as Israel is a homeland for the Jewish people."
Bush is no fool. He recognizes better than any president in recent
memory that the Palestinian Arabs do not desire peace – that they are,
in fact, the world's most ardent supporters of anti-Western terrorism.
And Bush recognizes that the establishment of a fully operational
terrorist state in Judea, Samaria and Gaza would have catastrophic
consequences for both Israel and the United States.
So why did Bush abandon his principles and pressure Israel to appease
its Islamist enemies? Because four days after Bush's Israel visit, he
visited Saudi Arabia and asked OPEC nations ... more »
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Thursday, January 17
by
Publisher
on Thu 17 Jan 2008 07:35 AM AKST
by
Publisher
on Thu 17 Jan 2008 06:45 AM AKST
Future costs of Medicare, Social Security threaten U.S. debt rating
By Jerome R. Corsi © 2008 WorldNetDaily.com U.S. Treasuries should be downgraded to junk bond status, not given a "triple-A" government rating, economist John Williams says, supporting a warning issued by Moody's last week that the credit rating of the U.S. government may be plunging in the next decade. The issue surfaced recently when Reuters published a Moody's warning that in the next 10 years, the credit rating of the United States is at risk of being dropped below triple-A. "We decided to raise the flag," Tom Lemmon at Moody's told WND, "because the underlying credit rating of the U.S. government faces the risk of downgrading in the next 10 years if solutions are not found to our growing Medicare and Social Security unfunded obligations." Williams, author of the Internet newsletter ShadowGovernmentStatistics.com, said the credit-rating problem is immediate, not long-term. "The U.S. Treasury is currently issuing 10-year notes and 30-year bonds," Williams pointed out. "Yes, the U.S. government can always print money, but the question is whether the investors buying these Treasury securities will get paid off when they get their money back." Williams fears the U.S. is going ... more » |
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