Tuesday, August 25, 2009

The Cheney Observer - continued...

...I have expressed my frustration with this tactic many times before (click title to entry - thank you), and I know it is getting tedious. But, to recap, the tactic is this: (1) Make a preposterous and false claim about a bill. (2) Have the claim disproved. (3) Avoid defending the original claim, but instead observe that the controversy reflects "a legitimate difference of interpretation" about what might happen in the future. Effective opposition in three easy steps!...


Perhaps the TRUTH about Karl Rove's role in the US Attorney's firing will be turning 'state's witness' against George Walker Bush. After all, it took ? six ? or ? seven ? time before the Grand Jury of Fitzgerald to fry Libby instead to himself.

Rove and Miers' Public Testimony Could Focus on Bush (click here)
Former Bush administration officials Karl Rove and Harriet Miers will be called to testify publicly about the U.S. attorney firings, according to a report from Jason Leopold at The Public Record.The public examination is expected to cover President George W. Bush and information he might have received about the firings.The news follows last week's release of documents from Rove and Miers' non-public testimony before staff members of the U.S. House Judiciary Committee. Those documents included Rove's testimony about the Don Siegelman prosecution in Alabama. It is unclear if the public testimony, expected to come this fall, will cover the Siegelman case....


Rush Limbaugh and Karl Rove to appear on FOX's 'Family Guy' (Video) (click here)



Sarah Palin and Jeb Bush Poised to Lead Town-Hallers (click here)
August 25, 2009 09:28 AM ET Paul Bedard
By Paul Bedard, Washington Whispers
Some call it the next conservative revolution, but whatever we dub the antigovernment ire at tea parties and town halls, there so far appears to be no elected official leading the charge. "It's a faceless movement," says a former Bush adviser, who credited media bigs like Rush Limbaugh and Glenn Beck for whipping up the frenzy. So who's best positioned to lead the protesters into the next presidential election? Whispers asked a dozen GOP and conservative leaders to come up with a top 10 list. First, Rep. Ron Paul, popular among the town hallers. Then, Sarah Palin, whose 2008 crowds cheered her antitax message. Third, Newt Gingrich, the father of the 1994 conservative revolution. Next, populist Mike Huckabee. And fifth, former Florida Gov. Jeb Bush, said to be the family's passionate conservative.

The rest: South Carolina Sen. Jim DeMint; Mississippi Gov. Haley Barbour; Louisiana Gov. Bobby Jindal; House GOP Whip Eric Cantor; and Pennsylvania Senate hopeful Pat Toomey.
Note who's missing: Mitt Romney. The GOP analysts say that's because conservatives are wary of his program to reform healthcare in Massachusetts that some say resembles universal healthcare.




Well, it would seem Jeb Bush is ahead of Sarah Palin in harkening the Catholic Vote.

700,000 expected at Communion and Liberation’s Rimini Meeting (click here)

August 25, 2009
Jeb Bush, Tony Blair, Mary Ann Glendon, Robert George, the president of the European Union, and dozens of figures in European ecclesiastical, political, and intellectual life are speaking this week at the 30th Rimini Meeting, which is associated with the Communion and Liberation movement. “Knowledge is always an Event” is the meeting’s theme....


Obama Leads Top GOP Contenders for 2012 in New Poll; Palin is Weakest Opponent; Romney Tops 2012 GOP Field (click here)

WASHINGTON, Aug. 25 /PRNewswire-USNewswire/ -- A new nationwide poll of American voters shows President Obama leading major 2012 Republican presidential contenders. The survey, conducted by Clarus Research Group, a nonpartisan research firm based in Washington, D.C., shows Obama leading GOP challengers by margins ranging from 9 to 19 points.

In the poll, Obama led:
Mitt Romney, former governor of Massachusetts, by nine points: 47 percent to 38 percent, with 15 percent undecided.
Mike Huckabee, former governor of Arkansas, by 10 points: 48 percent to 38 percent, with 15 percent undecided.
Newt Gingrich, former speaker of the House, by 18 points: 52 percent to 34 percent, with 15 percent undecided.
Sarah Palin, former governor of Alaska, by 19 points: 53 percent to 34 percent, with 13 percent undecided.
"The fact that Obama falls below 50 percent against two possible Republican opponents should be troubling for him," said Ron Faucheux, president of Clarus Research Group. "It also shows that the electorate is increasingly divided on Obama, with significant partisan polarization." The president's standing among swing voters has eroded since November, 2008, when exit polling showed he defeated John McCain 52 percent to 44 percent among independents....





The Latest from Carlyle, there is no recession or 'down turn' at the firm.

Prior to Plainfield Asset Management, Ms. Pedersen (click here) was a Managing Director at U.S. Trust Company where she was the head of a team in their Family Wealth Management practice. Previously, Ms. Pedersen held positions at J.P. Morgan Investment Management as an energy analyst and at Morgan Stanley in Corporate Finance.
Ms. Pedersen earned her BA at the University of Pennsylvania and her BSE at The Wharton School.
* * * * *
The Carlyle Group is a global private equity firm with $84.5 billion of assets under management committed to 64 funds as of March 31, 2009. Carlyle invests in buyouts, growth capital, real estate and leveraged finance in Africa, Asia, Australia, Europe, North America and South America focusing on aerospace & defense, automotive & transportation, consumer & retail, energy & power, financial services, healthcare, industrial, infrastructure, technology & business services and telecommunications & media. Since 1987, the firm has invested $55.7 billion of equity in 909 transactions for a total purchase price of approximately $227.5 billion. The Carlyle Group employs more than 890 people in 20 countries. In the aggregate, Carlyle portfolio companies have more than $109 billion in revenue and employ more than 415,000 people around the world. http://www.carlyle.com/

Primus confident of bid for AIG unit (click here)
Tue Aug 25, 2009 8:20am EDT

By Faith Hung and Rachel Lee
TAIPEI (Reuters) - Primus Financial Holdings is "very confident" it will get approval from Taiwan's regulators for its bid to buy AIG's (AIG.N) Taiwan insurance unit, a top executive from the investment firm said on Tuesday.
Primus' co-chief executive Wing-fai Ng told Reuters in an interview that it planned to list Nan Shan Life in Taiwan in three years if it won the bid, and then in Hong Kong and the United States, which would turn Nan Shan into a global brand.
Primus, founded by former top Citi (C.N) Asia banker Robert Morse, is in the final bidding race with the Carlyle Group CYL.UL and Bain Capital for a deal estimated at about $2 billion for Nan Shan, the most expensive asset for sale in Asia of American International Group.

American International Group, Inc. (New York Stock Exchange) (click here)

The latest from from GM CEO Fritz Henderson who is in line to become the next Rodger Smith, by squandering the selling of the American technology for the Volt and outsourcing its production to Europe through Opel.

Where is the UAW when they are needed. They sold their souls to keep GM alive and now GM is turning on them ! They are turning on them with American Treasury funds !

FACTBOX: New GM board at center of Opel talks (click here)
Tue Aug 25, 2009 12:44pm EDT

DETROIT (Reuters) - The new board of General Motors Co has emerged as a key player in the outcome of the automaker's long-running talks to sell off its Opel unit.
Last week, the board failed to endorse a carefully negotiated deal that would have sold Opel to a group led by the Canadian automotive group Magna with financial backing from the government of Germany.
Instead, the board asked for more information on that bid and a rival offer from Belgium-based RHJ.
Sources with knowledge of the deliberations also told Reuters on Monday that GM was considering trying to raise $4 billion to keep Opel instead of selling the unit.
GM's board includes members appointed by Treasury, Canada and the United Auto Workers union healthcare trust as well as GM Chief Executive Fritz Henderson, reflecting the ownership of the automaker that emerged from bankruptcy in July.
Treasury holds a more than a 60 percent stake in GM, Canada and its Ontario province holds 11.7 percent, the UAW healthcare trust 17.5 percent and creditors from the old GM, now called Motors Liquidation Co, hold a 10 percent interest.
GM is not publicly traded but plans an initial public offering as early as next year.man has experience fixing struggling businesses -- he made his name helping to pull Continental Airlines out of bankruptcy in the 1990s and turning the airline around....
* Daniel Akerson, managing director and head of global buyout at The Carlyle Group, was a Treasury appointee to the board in July....

Under the terms that gave the USA citizens 60.8% stock in General Motors COMPANY, they were to sell off their foreign assets. They are in breech of their agreement with the American Taxpayers. I say we need to reclaim the company and take back what is rightfully ours !

Slimeballs.

Wall Street = Slimeballs.

'Gov. Corzine: Unions Key to Income Equality' (click here)
by Tula Connell, Aug 15, 2009
As the state with the most extensive union membership, it’s no surprise that New Jersey working families have a strong social contract, New Jersey Gov. Jon Corzine said today. Speaking at a lunchtime panel at Netroots Nation in Pittsburgh, Corzine told the hundreds of progressive bloggers in the audience:
There is no question that the association of the union movement with shared wealth is absolutely a reality—and we need to get back to it.
Corzine, who is in a tough fight with challenger
Chris Christie in one of two governor’s races this fall, said the distribution of income in this country is skewed—with the nation’s tax policy ”completely tilted toward corporations against labor.” (Media reports today tie Bush-backer Christie with Karl Rove and the illegal firing of U.S. attorneys. Find out more about Christi’s anti-worker stances here.)...

London Mayor Criticizes Tube Contractor Over Delays (Update2) (click here)
By Brian Lysaght
Aug. 25 (Bloomberg) -- London Mayor Boris Johnson criticized the work of Tube Lines Ltd., the largest contractor on the London Underground, over its delays on a project to upgrade the Jubilee Line.
“I am hugely frustrated at their progress to date, which is simply unacceptable,” Johnson said in an e-mailed statement today. The company may not meet its contractual deadline to finish work on the line by Dec. 31, and has “stretched Londoners’ patience almost to breaking point,” he said.
Tube Lines, owned by Spain’s Grupo Ferrovial SA and San Francisco-based Bechtel Corp, said it will complete the work on time if it’s allowed to shut the line for five extra days to allow work crews into the tunnels. The company has a 30-year contract, called a public-private partnership, to maintain and upgrade the Northern, Piccadilly and Jubilee lines....

continued...