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Monday, June 15, 2009
Interesting Items 6/15 -
Howdy all, a few Interesting Items for your information. Enjoy -
**

*In this issue:*


1.  Correction
2.  IG Firing
3.  Exxon
4.  Miranda
5.  Kott / Kohring
6.  Hooks
7.  Insolvent
8.  Contempt




1.  Correction.  In last week’s edition, I did not correctly describe
Alaska’s campaign finance legislation as part of the Bob Gilliam anti-Pebble
Mine efforts.  Here is the paraphrased correction:  There are no legal
limits on spending for a ballot initiative.  However, full disclosure is
required.  Hiding funding sources is illegal, as is contributing in the name
of another.  Gilliam appears to have written checks for $4 million and
disclosed very little.  My thanks to an Interesting Items recipient for the
correction.


 ------------------------------

2.  IG Firing.  The Obama administration illegally fired the Inspector
General of AmeriCorps last week for looking too closely at a large money
donor to the Obama campaign from Sacramento.  The IG had been looking at how
several hundred thousands of dollars of federal grants had been handled by
St. Hope Academy.  He found some significant problems with the money not
being used for the things it was supposed to be used for, and had negotiated
a reimbursement of hundreds of thousands of dollars from the Academy.  The
Academy is headed up by a large dollar Obama donor.  Federal law requires
congress get a 30-day notification when any administration fires an
Inspector General, and Senator Charles Grassley, who has been a strong
supporter of federal IGs is fully engaged in investigating the firing.  In
an article by Michelle Malkin on Friday, it appears that Michelle Obama is
also involved in its firing, not unlike Hillary’s participation in the
firings of the WH Travel Office in 1993.  The entire episode stinks to High
Heaven.  Expect this to metastasize over the next several months.


------------------------------
3.  Exxon.  The Palin administration announced last Thursday that Exxon and
TransCanada had reached an agreement to pursue a joint pipeline for North
Slope natural gas.  Exxon is largest holder of natural gas on the Slope, and
no project will proceed without their participation.  As of Thursday, there
are now two pipeline projects underway in Alaska.  One is the TransCanada –
Exxon AGIA project.  The other is the BP and ConocoPhillips Denali project.
I would expect both projects to merge before too many more months pass.
Natural gas out of Alaska still has the minor problem of an actual market in
the Lower 48 states, which has a number of new natural gas projects
underway.  We may end up with a $30 billion pipeline built and have nobody
to sell the gas to.  The Palin administration is to be congratulated for yet
another step along the path to the movement of natural gas to market.

------------------------------
4.  Miranda.  It now appears that the Obama administration has reverted to
the Clintonoid practice of treating the War on Terror like a legal action
rather than as a military one.  Latest example is a report that FBI teas on
the ground in Afghanistan are reading high value detainees their Miranda
rights when captured.  In essence, this confers the same legal rights to
non-citizens, outside the borders of the US, who are not fighting for any
known state, not abiding by any written or legal rules of war, the same
rights to a fair trial – and more importantly – the same rights to see both
their accusers and the evidence against them at the trial.  This is the
height of folly, as it further blurs the line between citizenship and
ignores the very real differences and history of the laws of armed conflict
over the last 200+ years of American history.  This is not going to help
anyone, nor is it going to get any actionable intelligence from the
detainees.  Big Lizards, Thurs.


------------------------------
5.  Kott / Kohring.  Two more convicted Alaska state legislators were
released from prison last week pending a retrial.  Their convictions were
based upon the (In)Justice Department’s Public Integrity Division
withholding exculpatory evidence from the defense during the discovery
portion of the trial.  This was the same group that illegally tried and
convicted Senator Ted Stevens last year, gifting his senate seat to our
democrat Boy Senator, Mark Begich.  Both trials were based upon testimony
that used Bill Allen to entrap both legislators in a vote for pay scandal.
However, neither legislator voted in any way different before their contact
with Allen than they had before that contact, making it difficult for many
of us up here to understand exactly what they were paid by Allen to do.  The
case was sent back to the trial judge for rehearing and he ordered their
immediate release.  The 2010 elections will be most interesting up here, as
the democrats have been running on all scandal, all the time for years;
mostly based on these investigations and trials.  Now that both the
investigations and trials have been tainted and the convicted released,
perhaps they are going to have to run on real issues next year.


------------------------------
6.  Hooks.  Geithner’s Treasury “allowed” ten banks that were forced to take
TARP funds last fall to “repay” those loans.  The bad news is that Treasury
will continue to hold warrants in the banks, allowing the feds to purchase
common stocks in the banks, essentially retaining financial ownership of the
banks at some level.  Expect these warrants and the stock purchases to be
used to extort the banks to make loans on things that their business models
wouldn’t normally want them to make loans to.  These are the ten largest
banks and include Capital One, JP Morgan, Goldman Sachs and American
Express, and have repaid $68 billion.  Giethner said that he would be using
the repaid monies to “help” other businesses that are in financial
difficulty – meaning that he will use the repaid money as a slush fund to
conduct further takeover of American businesses over the coming months.


------------------------------
7.  Insolvent.  Hot Air Wednesday ran a story describing Big Labor –
specifically the SEIU and AFL-CIO as on the verge of insolvency following
the election.  These dire financial straits were caused by the economic
crash and the tens of millions of dollars donated to elect democrats in the
2008 election.  They need Card Check to force more people into the unions
and keep them financially viable.  According to the WSJ, the AFL-CIO had
liabilities of over $90 million with assets of only $88 million.  The SEIU
had liabilities of $8 million, after having spent over $67 million in
lobbying and political campaigns last year.  I had often wondered how the
unions, having systematically destroyed every single industry they control
were able to stay financially viable.  Like Social Security, they are simply
another leftist Ponzi scheme.


------------------------------
8.  Contempt.  Obama’s WH released a photo of The One on the phone with
Israeli Prime Minister Benjamin Netanyahu last week.  Prominently featured
were the soles of The One’s feet, propped up on the presidential desk.  This
was a message of contempt for Netanyahu intended for consumption in the Arab
world, where hurling shoes and showing the soles of your feet to others is
considered an insult of the type most foul.  Obama is extremely adept in
using his body language and gestures to say things that he does not allow
his mouth to say.  Remember how he flipped off Hillary Clinton during a
debate last year?  Do not only pay attention to his words.  Pay attention to
his gestures, mannerisms and actions.  They portray a more complete package,
one that holds this nation, those that disagree with him, and the rest of us
in utter contempt.  PowerLine – Thurs.


More later -
- AG
"If ye love wealth better than liberty, the tranquility of servitude better
than the animating contest of freedom, go home from us in peace. We ask not
your counsels or arms. Crouch down and lick the hands which feed you. May
your chains set lightly upon you, and may posterity forget that ye were our
countrymen."
- Samuel Adams, speech at the Philadelphia
  State House, August 1, 1776.
Note: Interesting Items can be found at the following locations:
The Alaska Standard http://thealaskastandard.com/
MatSuValley News http://www.matsuvalleynews.com
District 28 http://www.dist28.com/
subscriber and supporter Elbert Collins at http://thatselbert.wordpress.com/
and the home page: http://home.gci.net/~agimarc
Rod Martin's The Vanguard site is also a long-time supporter of this column:
http://www.thevanguard.org/
_,_._.,___

**



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-- 
This is the incredibly uncreditable election.  Rich Martin

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