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Posted on on November 17th, 2012
by Pincas Jawetz (

We visited the cell- bloc where US Officer John McCain was held at the “Hanoi Hilton” – this because his father had a high position in the Vietnam War. Had it not been for the Vietnamese wanting to butter up his father – young McCain would at best have worked in the Rice patches. That could have done wonders to the development of his personality, and have allowed him a measure of US patriotism he does not seem to have when he showed up differentiating between the services of a Republican Rice variety – Condalezza Rice, and the Democratic Rice variety – Susan Rice.

Dear Senator – both Rice kernels did exactly what they were supposed to do – represent their Presidents who sent them in harms way – to the UN.  – as your father did by sending you to Vietnam.

These two Rice cousins – very much alike in their backgrounds – just had no father like you did – but thought they present correctly the US interest in that foreign body. You on the other hand just thought what is best for you in the internal US warfare that may yet turn out to be the background of the fact that FBI agents exposed foibles of well performing two US generals – weakening US defense.


November 16, 2012, The New York Times

McCain on Rice


Earlier this week, John McCain argued that Susan Rice is “not qualified” to be the next secretary, since she said the Benghazi attack began spontaneously.

“She’s not qualified. Anyone who goes on national television and in defiance of the facts, five days later — We’re all responsible for what we say and what we do. I’m responsible to my voters. She’s responsible to the Senate of the United States. We have our responsibility for advice and consent.” (CBS “This Morning”)

“I will do everything in my power to block her from being the United States Secretary of State. She has proven that she either doesn’t understand or she is not willing to accept evidence on its face.” (Fox and Friends)

In 2005, Mr. McCain argued that Condoleezza Rice was qualified to be the next secretary of state, even though she testified that there were WMDs in Iraq.

“So I wonder why we are starting this new Congress with a protracted debate about a foregone conclusion. . . . I can only conclude we are doing this for no other reason than lingering bitterness at the outcome of the elections. . . . We all have varying policy views, but the President, in my view, has a clear right to put in place the team he believed would serve him best.” (The Senate floor)


AND IN REAL LIFE – we just picked the following from a traders posting when he looked at the economy at large – the professed most important question of sustainability these days – after these elections just passed.

There are 29 trading days and counting until the U.S. reaches the Fiscal Cliff.

That’s how many trading sessions remain before massive (and automatic) tax increases and expenditure cuts take effect.

And in the roll up to this non event (more in a moment), energy shares have been hit hard.

Well, three points up front to put some sanity into this overwrought conversation.

First, the cliff will never take place. Pundits are treating this like some definitive confirmation of a Mayan prophecy.

CNN has what amounts to a daily “cliff dive,” giving us the next eagerly awaited pearl of wisdom on yet another calamity to befall if the mess hits. CNBC is handing out “Rise Above” buttons with great fanfare to oblige politicos to move away from partisan rancor.

Great! The three-piece suits inside the Beltway would never have figured out what needed to be done without a button. They know and they will kick something (a can, an accounting device, a legislative reprieve) further along before the deadline hits.

This is a grand nonevent; it will never take place, especially after the election we just experienced. With an impending budgetary crisis looming, the Senate Republican leadership put defeating Obama as their number one goal (a “let’s show everybody that the real issues are less important than politics” approach if there ever was one).

They lost.

On the other side of the aisle, the Democratic leadership cast the situation as a “saving of the American dream,” after failing to curb an unemployment trend or reassure small business about prospects.

They lost.

So here we are back where we started before the costliest campaign season Americans have ever witnessed.

Except, this time, something big has changed. And it’s all because of the electorate.

All of the posturing is done. All of the TV ads are history. And all the consultants have been paid. Yet nothing has changed. There are no further excuses. If there is one thing the electorate said loud and clear two weeks ago, it is this.

Blaming the other guy isn’t working.

Congress and the White House have that message. Both parties will now learn how to play together. The nation has no further interest in hissy fits, temper tantrums, or time outs. We may not like all of what is coming, but these folks will finally earn their salaries.

Second, at the first indication of a settlement, this over-emotional roller coaster the market has been riding will straighten out – and start moving up. We are seeing some initial indications that the primary decline is flattening out. Volatility remains high, and there is a double whammy currently enticing investors to sell.

On the one hand, if you believe the cliff is going to happen and taxes on dividends are going up, selling winners now makes sense to save on what you pay to dear Uncle Sam after the fact.

On the other, if the dreaded fall occurs, stocks are going to take another major hit. That becomes a second pressure to sell, this time just about any stock whether in the red or the black right now.

All of this is resulting in a seriously oversold market.

When the cliff is averted a bit more than a month from now, an image of fish and barrels comes to mind.


But even that does not interest the anti-Obama pundits. Please see the partisan “no-prisoners go for the kill” Breitbart blog:

by John NolteNov 16, 2012

On the editorial page of The New York Times, Andrew Rosenthal rips Republicans for raising questions and demanding answers about Libya:

Something obviously went wrong in Benghazi. An Ambassador died. It’s necessary and appropriate to discuss what happened so as to avoid similar missteps in the future. But missteps don’t always add up to a scandal; and confusion after the fact doesn’t necessarily constitute a cover up. The more time Republicans spend going down the conspiracy path, the less time gets devoted to learning from our mistakes and rectifying them.

This is all part of the whack-a-mole strategy we’ve seen the media engage in, literally, since day one when the media spent a week massacring Mitt Romney for criticizing the Cairo Embassy apology on Sept. 11 of this year, the day the Middle East blew up and our Libyan consulate was attacked. Then he was brutalized by moderator Candy Crowley in the second presidential debate for bringing the Administration’s false Libya narrative up.

Now that the media no longer has Romney to kick around, they’ve spent the last three days attacking McCain for raising the issue. And now we have the editorial page of the Times assaulting the Republican Party as a whole.

When the media wants something, whether it’s Mitt Romney to release tax returns or President Obama to come out of the closet and tell the truth about his position on same sex marriage, they make no secret of wanting it. And it’s been obvious since the beginning, that the media does not want answers on Libya. The only time we see any energy from the media on the issue are in these attacks on anyone who does want answers.

If the media was doing its job and demanding a full and final accounting of everything involving Libya, Republicans wouldn’t have to make this stink.

It’s fine if the media thinks Republicans are over-stepping on some of these issues, but couldn’t they brush back those who are while at the same time demanding answers  from the White House and State Department?

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