July 17, 2013

Bernanke’s ‘If We Were to Tighten, the Economy Would Tank’ Comment Ignored by AP, Politico, and Others

Today, as the wire service AFP reported in a story carried at Yahoo.com, Federal Reserve Chairman Ben Bernanke, in the question and answer exchange after his prepared testimony, told the House Financial Services Committee that “If we were to tighten (monetary) policy, the economy would tank.”

That assessment of the economy’s fragility qualifies as news, especially given the Obama administration’s continued claim that the economy is “continuing to recover at a promising rate.” Outlets besides AFP virtually ignored Bernanke’s soundbite which should be considered scary to anyone who realizes that Big Ben can’t go on “stimulating” at his current rate forever.

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Holder’s DOJ Sets Up Email Account For Zimmerman Tips

In a “How can he possibly top this?” move, Eric Holder’s Justice Department “is trolling for email tips on the former neighborhood watch volunteer (George Zimmerman) as it weighs a possible federal civil rights case against him.”

What other establishment press outlets besides Fox News will cover this? And if they do, which of them (if any) will note the mountain of exculpatory evidence about Zimmerman? First, excerpts from Fox’s report by Jake Gibson, followed by the accumulated evidence that Zimmerman more than likely hasn’t a racist bone in his body (HT to a frequent tipster, who saw coverage of this on a Fox show earlier today; bolds are mine throughout this post):

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Cincinnati City Manager hid damning parking lease evaluation from Council, Port Authority

Filed under: Activism,Taxes & Government — Tom @ 9:40 am

Cincinnati will be fleeced if its parking operations lease stands.

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This column went up at Watchdog.org with opinion-expressing sentences removed a short time ago.

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Cincinnati, its residents, and users of its parking facilities will be fleeced for 30 years under the terms of its recently approved parking operations lease — unless the area’s port authority pulls the plug.

Unfortunately, City Council didn’t know that when it passed the enabling ordinance — and it clearly should have.

On Sunday, WCPO’s Kevin Osborne revealed that “A memo by Cincinnati’s parking consultant that is highly critical of the deal to lease city-owned parking assets was kept from City Council and the Port Authority until after the lease was signed.”

The bad news was delivered in a nightmarish six-page memo to City Manager Milton Dohoney Jr. from Indianapolis-based Walker Parking Consultants on June 20.
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Wednesday Off-Topic (Moderated) Open Thread (071713)

Filed under: Lucid Links — Tom @ 6:05 am

I’m going to try something new today and see what readers (and I) think of it. I’m going to keep the open thread at the top and add (usually) brief items — some new, some not so new — as the day goes by. I’m going to try to keep this going for several days to clear out some items which need to be noticed and to get some feedback.

Rules are here. Possible comment fodder follows. Other topics are also fair game.

If you are on the front page, click “more” to see today’s additions, updated sporadically:
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Positivity: Argentine bishop turning 100 assures Pope is ‘a holy man’

Filed under: Positivity — Tom @ 6:00 am

From Buenos Aires, Argentina:

Jul 16, 2013 / 10:13 am

Bishop Guillermo Leaden, who resides in Buenos Aires and will turn 100 on July 20, reflected on the election of Pope Francis by saying, “Bergoglio is a holy man.”

Bishop Leaden is an auxiliary bishop emeritus of the Buenos Aires archdiocese. He is the eldest bishop in Argentina, and the fifth eldest in the world.

Upon learning that Cardinal Jorge Bergoglio – the archbishop of Buenos Aires – had been elected to the papacy on March 13, Bishop Leaden offered “prayers of thanksgiving to God,” he told CNA/EWTN News July 15.

Bishop Leaden was born in Buenos Aires on July 20, 1913, the fourth of eight siblings. His parents were Irish emigrants, and he was baptized Aug. 2. He made his First Communion on Christmas Day of 1920.

Bishop Leaden went to a school run by the Salesians, an order founded by Saint Don Bosco. He said he felt a desire to be a priest when he was in the 6th grade at Pius IX School.

“When I was done I went to the seminary, and when I finished philosophy, I went to Cordoba for theology, and I was ordained a priest,” he explained.

He has been a priest for 71 years, having been ordained for the Salesians on Nov. 23, 1941. In 1975, Paul VI appointed him auxiliary bishop of Buenos Aires, and he was consecrated a bishop on Aug. 8.

He served as auxiliary bishop of Buenos Aires until 1992, retiring when he was 78. He remains in residence in his archdiocese.

The Blessed Mother has helped him “in many small things,” Bishop Leaden said, and was with him at every moment in his pastoral ministry. He has also been accompanied by St. Don Bosco, his patron.

Go here for the rest of the story.