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	<title>THE MILLSTONE DIARIES</title>
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		<title>THE MILLSTONE DIARIES</title>
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		<title>SOROS SEES LITTLE DIFFERENCE BETWEEN OBAMA AND ROMNEY</title>
		<link>http://imkane.wordpress.com/2012/01/29/soros-sees-little-difference-between-obama-and-romney/</link>
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		<pubDate>Sun, 29 Jan 2012 18:04:58 +0000</pubDate>
		<dc:creator>I.M. Kane</dc:creator>
				<category><![CDATA[The Diary of I.M. Kane]]></category>

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		<description><![CDATA[George Soros, one of the most politically powerful leftist radicals on earth, predicts that voters will not enthusiastically support former Massachusetts Governor Mitt Romney should he win the Republican nomination. The multi-billionaire sugar daddy for the Democrat &#8220;Shadow Party&#8221; network, the Center for American Progress, and MoveOn.org sees more similarities than differences between Obama and [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=imkane.wordpress.com&amp;blog=6947935&amp;post=8538&amp;subd=imkane&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>George Soros, one of the most politically powerful leftist radicals on earth, predicts that voters will not enthusiastically support former Massachusetts Governor Mitt Romney should he win the Republican nomination.</p>
<p>The multi-billionaire sugar daddy for the Democrat &#8220;Shadow Party&#8221; network, the Center for American Progress, and MoveOn.org sees more similarities than differences between Obama and Romney:  </p>
<p style="padding-left:30px;"><em>&#8220;[E]ither you’ll have an extremist conservative, be it Gingrich or Santorum, in which case I think it will make a big difference which of the two comes in. If it’s between Obama and Romney, there isn’t all that much difference except for the crowd that they bring with them.&#8221;</em></p>
<p>However, Soros does see differences between Romney and Obama went it comes to taxation and who they&#8217;d nominate to the Supreme Court.</p>
<p>According to <a href="http://www.discoverthenetworks.org/default.asp">DiscoverTheNetworks.Org</a>, Soros has helped reconfigure the political landscapes of several countries around the world and is today affecting &#8220;<a href="http://www.discoverthenetworks.org/individualProfile.asp?indid=977">American politics and culture more profoundly that any other living person</a>.&#8221;</p>
<p style="padding-left:30px;"><em>&#8220;<a href="http://starwars.wikia.com/wiki/Quote:Palpatine">Everything is proceeding as I have foreseen</a>.&#8221;</em>―Emperor Palpatine to Darth Vader, Star Wars Episode VI: <em>Return of the Jedi</em></p>
<p><strong>I.M. Kane</strong></p>
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<p style="text-align:center;"><strong><a href="http://www.youtube.com/watch?v=iHn-5TPyudU">George Soros Admits He&#8217;s One Of Lenin&#8217;s Useful Idiots, No Difference Between Romney And Obama</a> 1:25 Video</strong></p>
<p><span style="text-align:center; display: block;"><a href="http://imkane.wordpress.com/2012/01/29/soros-sees-little-difference-between-obama-and-romney/"><img src="http://img.youtube.com/vi/iHn-5TPyudU/2.jpg" alt="" /></a></span></p>
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		<title>ROMNEY&#8217;S CONSISTENTLY SUPPORTED DADT REPEAL</title>
		<link>http://imkane.wordpress.com/2012/01/29/romneys-consistently-supported-dadt-repeal/</link>
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		<pubDate>Sun, 29 Jan 2012 15:07:38 +0000</pubDate>
		<dc:creator>I.M. Kane</dc:creator>
				<category><![CDATA[The Musings of I.M. Kane]]></category>

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		<description><![CDATA[In the 1:30 video below, Mitt Romney is addressing the Des Moines Register editorial board. On December 9, 2011, he told Iowa&#8217;s major newspaper that he supports the Don&#8217;t Ask Don&#8217;t Tell (DADT) repeal; he only opposed it during wartime. And now that the wars are &#8220;winding down,&#8221; he&#8217;s onboard with homosexuals serving openly in the [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=imkane.wordpress.com&amp;blog=6947935&amp;post=8524&amp;subd=imkane&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>In the <a href="http://www.youtube.com/watch?v=Rd7EvqhBrhk">1:30 video</a> below, Mitt Romney is addressing the Des Moines Register editorial board. On December 9, 2011, he told Iowa&#8217;s major newspaper that he supports the Don&#8217;t Ask Don&#8217;t Tell (DADT) repeal; he only opposed it during wartime. And now that the wars are &#8220;winding down,&#8221; he&#8217;s onboard with homosexuals serving openly in the military.  </p>
<p style="padding-left:30px;">Des Moines Register:  <em>How do you feel about gays serving openly in the military?</em></p>
<p style="padding-left:30px;">Romney:  <em>That&#8217;s already occurred. I&#8217;m not planning on reversing that at this stage.</em></p>
<p style="padding-left:30px;">Des Moines Register:  <em>But you&#8217;re comfortable with it?</em></p>
<p style="padding-left:30px;">Romney:  <em>I was not comfortable with making the change during a period of conflict, by virtue of the complicating features of a new program in the middle of two wars going on. But those wars are winding down, and moving to that direction at this stage no longer presents that problem.</em></p>
<p>Although during this current campaign and the one four years ago, Romney uses qualifiers to address whether or not homosexuals should serve openly in the military, he was up-front with his opinion in 1994 during his run for U.S. Senate against Ted Kennedy.</p>
<p>In a <a href="http://massresistance.org/docs/marriage/romney/record/RomneyLogCabinLetter.pdf">letter</a> to a homosexual grassroots organization, Romney wrote that he shared the Log Cabin Republicans&#8217; goal of homosexuals &#8220;being able to serve openly and honestly in our nation&#8217;s military.&#8221;</p>
<p style="padding-left:30px;">&#8220;One issue I want to clarify concerns President Clinton&#8217;s &#8220;don&#8217;t ask, don&#8217;t tell, don&#8217;t pursue&#8221; military policy. I believe that the Clinton compromise was a step in the right direction. I am also convinced that it is the first of a number of steps that will ultimately lead to gays and lesbians being able to serve openly and honestly in our nation&#8217;s military. That goal will only be reached when preventing discrimination against gays and lesbians is a mainstream concern, which is a goal we share.&#8221;—Mitt Romney in a letter to Log Cabin Republicans, a homosexual grassroots organization</p>
<p>The knock against Romney is that he has been on both sides of major social issues at one time or another; yet on the issue of homosexuals serving openly in the military, he&#8217;s been remarkably consistent since 1994.</p>
<p><strong>I.M. Kane</strong></p>
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<p style="text-align:center;"><strong><a href="http://www.youtube.com/watch?v=Rd7EvqhBrhk">Mitt Romney on DADT.mp4</a> 1:30 Video</strong></p>
<p><span style="text-align:center; display: block;"><a href="http://imkane.wordpress.com/2012/01/29/romneys-consistently-supported-dadt-repeal/"><img src="http://img.youtube.com/vi/Rd7EvqhBrhk/2.jpg" alt="" /></a></span></p>
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		<title>DOES MITT ROMNEY HAVE ACTUAL CONVICTIONS IN MATTERS OF ABORTION</title>
		<link>http://imkane.wordpress.com/2012/01/28/does-mitt-romney-have-actual-convictions-in-matters-of-abortion/</link>
		<comments>http://imkane.wordpress.com/2012/01/28/does-mitt-romney-have-actual-convictions-in-matters-of-abortion/#comments</comments>
		<pubDate>Sat, 28 Jan 2012 16:18:20 +0000</pubDate>
		<dc:creator>I.M. Kane</dc:creator>
				<category><![CDATA[The Musings of I.M. Kane]]></category>

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		<description><![CDATA[In the 5:22 video below, Mitt Romney outlines his abortion position when he was running for governor of Massachusetts in 2002. Back then he said he supported a woman&#8217;s right to choose, today he says he doesn&#8217;t. Does Romney have actual convictions when it comes to abortion, or does he say what people want to [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=imkane.wordpress.com&amp;blog=6947935&amp;post=8511&amp;subd=imkane&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>In the <a href="http://www.youtube.com/watch?v=P_w9pquznG4&amp;feature=autoplay&amp;list=PLEC087120FC7B1DA3&amp;lf=plpp_video&amp;playnext=1">5:22 video</a> below, Mitt Romney outlines his abortion position when he was running for governor of Massachusetts in 2002. Back then he said he supported a woman&#8217;s right to choose, today he says he doesn&#8217;t.</p>
<p>Does Romney have actual convictions when it comes to abortion, or does he say what people want to hear to get the job? If he&#8217;ll say anything to get elected, can anything be said for his integrity?</p>
<p style="padding-left:30px;"><em>&#8221;Somebody once said that in looking for people to hire, you look for three qualities: <a href="http://character-education.info/Articles/Motivational-Character-Quotes.htm">integrity, intelligence, and energy</a>. And if they don&#8217;t have the first, the other two will kill you.&#8221;</em>—Warren Buffett</p>
<p>Or credibility?  </p>
<p style="padding-left:30px;"><em>&#8220;To be persuasive, we must be believable; to be believable we must be credible; <a href="http://www.quotationspage.com/quote/33663.html">to be credible, we must be truthful</a>.&#8221;</em>—Edward R. Murrow</p>
<p>Why not let sleeping dogs lie knowing that Americans only care about fiscal restraint, fixing the economy, and job growth?  </p>
<p style="padding-left:30px;"><em>&#8220;In keeping silent about evil, in burying it so deep within us that no sign of it appears on the surface, we are implanting it, and it will rise up a thousand fold in the future. When we neither punish nor reproach evildoers … we are thereby <a href="http://www.goodreads.com/quotes/show/214345">ripping the foundations of justice from beneath new generations</a>.&#8221;—</em>Aleksandr I. Solzhenitsyn, The Gulag Archipelago: 1918-1956</p>
<p><strong>I.M. Kane</strong></p>
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<p style="text-align:center;"><strong><a href="http://www.youtube.com/watch?v=P_w9pquznG4&amp;feature=autoplay&amp;list=PLEC087120FC7B1DA3&amp;lf=plpp_video&amp;playnext=1">Romney on Abortion – 2002</a> 5:22 Video</strong></p>
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		<title>DRUDGE NOT, LEST YE BE DRUDGED</title>
		<link>http://imkane.wordpress.com/2012/01/27/drudge-not-lest-ye-be-drudged/</link>
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		<pubDate>Fri, 27 Jan 2012 19:50:21 +0000</pubDate>
		<dc:creator>I.M. Kane</dc:creator>
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		<description><![CDATA[Drudge Not, Lest Ye Be Drudged By Jerry A. Kane Since the South Carolina primary, the Drudge Report has become a campaign surrogate for Mitt Romney, carpet bombing Newt Gingrich with negative banners, stories, and commentaries, while downplaying or omitting news and opinions that would put Romney in a bad light. &#8220;Cherry-picked quotes, biased headlines [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=imkane.wordpress.com&amp;blog=6947935&amp;post=8498&amp;subd=imkane&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p align="center"><strong>Drudge Not, Lest Ye Be Drudged</strong></p>
<p align="center"><em>By Jerry A. Kane</em></p>
<p>Since the South Carolina primary, the <a href="http://www.drudgereport.com/">Drudge Report</a> has become a campaign surrogate for Mitt Romney, carpet bombing Newt Gingrich with negative banners, stories, and commentaries, while downplaying or omitting news and opinions that would put Romney in a bad light.</p>
<p style="padding-left:30px;"><em>&#8220;Cherry-picked quotes, biased headlines and hyperlinks to Newt-hating op-eds in order to patch together an ugly and distorted mosaic of the former House speaker is … <a href="http://www.thechurchreport.com/index.cfm?fuseaction=siteContent.default&amp;objectID=148010">mercenary-style political prostitution</a>.&#8221;</em>—Matt Barber, blogger</p>
<p>Barber further contends that the &#8220;respected, highly influential news source has cast aside all journalistic integrity to shill for the liberal, GOP establishment candidate in this presidential race.&#8221;</p>
<p>The Drudge Report has officially jumped the shark; it&#8217;s an anti-Gingrich scandal sheet run by former Washington Times neoconservative warriors, <a href="http://www.mediabistro.com/fishbowldc/curls-secret-gig-with-drudge_b24384">Joe Curl</a> and <a href="http://www.huffingtonpost.com/2011/05/12/charles-hurt-drudge-report-washington-times_n_861231.html">Charles Hurt</a>.</p>
<p>For days Drudge trumpeted Romney&#8217;s &#8220;Gingrich was anti-Reagan&#8221; narrative while ignoring accounts of those with <a href="http://legalinsurrection.com/2012/01/drudge-versus-history/">different recollections</a>:</p>
<p style="padding-left:30px;"><a href="http://thedc.com/xOkDvA">Bently Elliott</a>, Reagan Speechwriting Director,</p>
<p style="padding-left:30px;"><a href="http://spectator.org/archives/2012/01/25/gingrich-frames-the-debate/">Peter Ferrara</a>, Reagan Policy Analyst</p>
<p style="padding-left:30px;"><a href="http://bit.ly/xEDETi">Art Laffer</a>, Reagan Economist,</p>
<p style="padding-left:30px;"><a href="http://spectator.org/archives/2012/01/24/reagans-young-lieutenant">Jeffrey Lord</a>, Reagan WH political director,</p>
<p style="padding-left:30px;"><a href="http://bit.ly/zd9eAF">Bud McFarlane</a>, Reagan National Security Advisor,</p>
<p style="padding-left:30px;"><a href="http://on.msnbc.com/y2sPM2">Richard Quinn</a>, Reagan media consultant,</p>
<p style="padding-left:30px;"><a href="http://bit.ly/yYVy7L">Michael Reagan</a>, Reagan&#8217;s son, and</p>
<p style="padding-left:30px;"><a href="http://bit.ly/zrWvAw">Nancy Reagan</a>, Reagan&#8217;s wife.</p>
<p style="padding-left:30px;"><a href="http://www.newsmax.com/InsideCover/nancy-reagan-gingrich-conservative/2012/01/26/id/425620">Peter Robinson</a>, Reagan speechwriter,</p>
<p>When Gingrich rose from the ashes in December, it was the <em><a href="http://www.nationalreview.com/">National Review</a></em> that quelled the pain for establishment Republicans. And with his rebirth in South Carolina, the Republican establishment summoned the <em>Drudge Report</em> to prove its bona fides as a reliable party organ.</p>
<p>It&#8217;s hard to say how many venerable personalities and news sources will be forced to drop their conservative masks before the primary process ends, and Romney is declared the party nominee. But what can be said is that magnitude of the crisis will continue to increase for establishment Republicans as long as Gingrich remains a viable threat to the Romney candidacy.</p>
<p align="center"><em>Whatever you gonna do</em></p>
<p align="center"><em>Please do it fast</em></p>
<p align="center"><em>I&#8217;m still tryin&#8217; to get used to</em></p>
<p align="center"><em><a href="http://www.metrolyrics.com/seeing-the-real-you-at-last-lyrics-bob-dylan.html">Seein&#8217; the real you at last</a></em></p>
<p style="text-align:center;"><em>Ohh yes I am</em></p>
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		<title>THE DRUDGE WAR ON NEWT</title>
		<link>http://imkane.wordpress.com/2012/01/26/the-drudge-war-on-newt/</link>
		<comments>http://imkane.wordpress.com/2012/01/26/the-drudge-war-on-newt/#comments</comments>
		<pubDate>Thu, 26 Jan 2012 17:58:56 +0000</pubDate>
		<dc:creator>I.M. Kane</dc:creator>
				<category><![CDATA[Guest Commentary]]></category>

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		<description><![CDATA[The Drudge War on Newt From Mark America I’d like you to take a look at DrudgeReport.  There is an all-out war on Newt Gingrich, not merely by the left-wing media, but particularly on the right side of the political divide.  Drudge has run as many as nine negative articles about Gingrich simultaneously, but he [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=imkane.wordpress.com&amp;blog=6947935&amp;post=8491&amp;subd=imkane&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p align="center"><strong><a href="http://markamerica.com/2012/01/26/the-drudge-war-on-newt/">The Drudge War on Newt</a></strong></p>
<p align="center"><em>From <a href="http://markamerica.com/2012/01/26/the-drudge-war-on-newt/">Mark America</a></em></p>
<p>I’d like you to take a look at <a href="http://www.drudgereport.com/">DrudgeReport</a>.  There is an all-out war on Newt Gingrich, not merely by the left-wing media, but particularly on the right side of the political divide.  Drudge has run as many as nine negative articles about Gingrich simultaneously, but he is running few negative articles about Romney, and those he does run are only half-negative, so it’s becoming clear that Drudge is trying to manipulate the outcome in the direction of a result he prefers.  I surely hope conservatives realize that nobody in media is pure, because everybody has biases.  In the case of Drudge, his “developing” take-down story in the middle of last week over the ABC News Marianne Gingrich interview story was his first attempt to ruin Gingrich’s momentum.  When within hours, that attempt failed, making it clear nobody would buy the “big smear” story. Instead, Drudge backed off and began his “death by one-thousand cuts” strategy, and this is what you are now witnessing.</p>
<p>Drudge has learned the lesson well over his years as the prime link aggregation site on the Internet, and indeed, it could be said the term was invented to describe his page.  The problem with Drudge, and it has always been his problem, is that he editorializes in the way he places links to stories in order to manipulate his audience.  His all-out war on Gingrich is a perfect example.  He doesn’t need to write one negative word himself.  He merely decides which stories, where they are placed, and how long they will endure in that position on his page.  A week ago, on Thursday morning, you should have noticed if you visited his site that he was still pushing the Marianne Gingrich story despite the fact that it had already been debunked, and that story persisted as the lead on his page until Thursday night’s debate.  Ordinarily, top stories are not that long-lived on Drudge, but in the case of Gingrich, they go on and on and on.</p>
<p>It’s also the urgency he conveys to his audience.  As I pointed out during last week’s disgraceful episode, when the Gingrich daughters responded to the trash flooding the Drudge site in red letters accompanied by his flashing light symbol, <a href="http://markamerica.com/2012/01/18/where-are-drudges-big-red-letters-now/">I asked</a> whether he would now treat the antithesis involving the Newt daughters with similar urgency.  Predictably, as was my point, he did not.  This unwillingness to give equal coverage of the debunking of a story indicates a bias, and while I’m accustomed to that coming from most media sources, to see it so openly on Drudge is a bit of a gut-punch.</p>
<p>It’s clear that this is a strategy to take down Newt, and whether he’s coordinating with others, or simply acting out his own political preferences is impossible to determine.  Thursday morning, he continues to run a story by Elliot Abrams from back in the 1980s when Newt was critical of Reagan’s State Department, primarily, but what Drudge fails to mention is that Abrams was the assistant Secretary of State who was under criticism by Gingrich at the time.  On the article itself, you need to flip to page two to learn this by reading the biographical note about Abrams if you didn’t already know it. Most people don’t, and most people don’t make it to page two.  Abrams is also a Council on Foreign Relations player, in case you didn’t know.</p>
<p>What all of this makes clear to me is what I’ve long suspected:  Drudge is part of the GOP’s establishment now.  I’ve had questions about some of the stories he’s placed on his site for years, but he’s the eight-hundred pound Internet gorilla, and there’s little a small voice can say about it.  Some of you will rightly note that he couldn’t run stories that don’t exist, but I will respond that he already has.  That was the meaning of the entire sad episode of last week with the ABC NEws/Marianne Gingrich story: There was no news there, but his placement and pushing of the theme made it a story.  Whether you prefer Gingrich, or any of the others, it’s impossible to ignore the fact that Drudge is definitely displaying his bias, whatever the motive.  This is why I have a fundamental distrust of big media, left or right, and it’s also why you shouldn’t be a headlines surfer.  Headlines are frequently misleading, and until you know the guts of a story, it’s best not to form conclusions, because it is too easy to be misled.  We’re all news consumers, but as with any other outlet, be it the “mainstream media” or Drudge, or even this site, you are best always to bear in mind that well-worn but too frequently unobserved phrase: Caveat emptor.</p>
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		<title>OBAMA LIES, OMISSIONS, AND MISSTATEMENTS IN STATE OF THE UNION ADDRESS</title>
		<link>http://imkane.wordpress.com/2012/01/26/obama-lies-omissions-and-misstatements-in-state-of-the-union-address/</link>
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		<pubDate>Thu, 26 Jan 2012 15:50:15 +0000</pubDate>
		<dc:creator>I.M. Kane</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[Misstatement #1 Obama:  &#8220;Tax reform should follow the Buffett rule. Asking a billionare to pay at least as much as his secretary in taxes, most Americans would call that common sense.&#8221; Fact:  Buffett&#8217;s secretary doesn&#8217;t pay $7 million, which is what Buffett paid in 2010. Also, Obama doesn&#8217;t mention that Buffett&#8217;s income had already been taxed [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=imkane.wordpress.com&amp;blog=6947935&amp;post=8480&amp;subd=imkane&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Misstatement #1</p>
<p style="padding-left:30px;"><strong>Obama:</strong>  <em>&#8220;Tax reform should follow the Buffett rule. Asking a billionare to pay at least as much as his secretary in taxes, most Americans would call that common sense.&#8221;</em></p>
<p style="padding-left:30px;"><strong>Fact: </strong> Buffett&#8217;s secretary doesn&#8217;t pay $7 million, which is what Buffett paid in 2010. Also, Obama doesn&#8217;t mention that Buffett&#8217;s income had already been taxed at the corporate level. When his capital gains and corporate taxes are combined, the real effective tax rate is closer to 45%, which is much higher than <a href="http://abcnews.go.com/blogs/business/2012/01/warren-buffett-and-his-secretary-talk-taxes/">his secretary&#8217;s 35.8% rate</a>.</p>
<p>The nation&#8217;s top 1% of earners earns 16% of all income, but they pay 37% of all federal income taxes. </p>
<p>BTW:  According to Forbes, <a href="http://www.forbes.com/sites/paulroderickgregory/2012/01/25/warren-buffetts-secretary-likely-makes-between-200000-and-500000year/">Warren Buffett&#8217;s Secretary Likely Makes Between $200,000 And $500,000/Year</a>. Nice work if you can get it.</p>
<p><strong>I.M. Kane</strong></p>
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<p style="text-align:center;"><strong><a href="http://www.youtube.com/watch?feature=player_embedded&amp;v=-NA7Y-C4NlI">Obama&#8217;s MIS-State-MENTS of the Union</a> 2:11 Video</strong></p>
<p><span style="text-align:center; display: block;"><a href="http://imkane.wordpress.com/2012/01/26/obama-lies-omissions-and-misstatements-in-state-of-the-union-address/"><img src="http://img.youtube.com/vi/-NA7Y-C4NlI/2.jpg" alt="" /></a></span></p>
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		<title>INSIDER TRADING IS CHRONIC ON CAPITOL HILL</title>
		<link>http://imkane.wordpress.com/2012/01/26/insider-trading-is-chronic-on-capitol-hill/</link>
		<comments>http://imkane.wordpress.com/2012/01/26/insider-trading-is-chronic-on-capitol-hill/#comments</comments>
		<pubDate>Thu, 26 Jan 2012 12:18:22 +0000</pubDate>
		<dc:creator>I.M. Kane</dc:creator>
				<category><![CDATA[From The Propagandists]]></category>

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		<description><![CDATA[&#8220;Let&#8217;s assume for a second Brook that you&#8217;re a United States Senator. If I come into your office and I give you a shoe box with $10,000 of cold hard cash in it, and I hand it to you, that&#8217;s bribery. If we get caught, both of us are going to jail. But if I [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=imkane.wordpress.com&amp;blog=6947935&amp;post=8472&amp;subd=imkane&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p style="padding-left:30px;"><em>&#8220;Let&#8217;s assume for a second Brook that you&#8217;re a United States Senator. If I come into your office and I give you a shoe box with $10,000 of cold hard cash in it, and I hand it to you, that&#8217;s bribery. If we get caught, both of us are going to jail.</em></p>
<p style="padding-left:30px;"><em>But if I come in to your office and instead say, &#8220;Look, I&#8217;m going to give you access to preferred IPO shares (Initial Public Offering shares) of stock, and if you buy these it&#8217;s going to net you $100,000 in a single day, that&#8217;s completely legal, and it goes on quite regularly.&#8221;</em>—Peter Schweizer</p>
<p><strong>I.M. Kane</strong></p>
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<p style="text-align:center;"><strong><a href="http://www.youtube.com/watch?v=9ifXyFyfH4g&amp;NR=1&amp;feature=endscreen">CNN Rediscovers Congressional Insider Trading Scandal After Obama&#8217;s Call For Ban</a> 3:26 Video</strong></p>
<p><span style="text-align:center; display: block;"><a href="http://imkane.wordpress.com/2012/01/26/insider-trading-is-chronic-on-capitol-hill/"><img src="http://img.youtube.com/vi/9ifXyFyfH4g/2.jpg" alt="" /></a></span></p>
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		<title>WHY OBAMANOMICS WILL FAIL</title>
		<link>http://imkane.wordpress.com/2012/01/25/why-obamanomics-will-fail/</link>
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		<pubDate>Wed, 25 Jan 2012 18:42:34 +0000</pubDate>
		<dc:creator>I.M. Kane</dc:creator>
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		<description><![CDATA[Why Obamanomics Will Fail By Jerry A. Kane Obamanomics is a Marxist-based redistributionist economic philosophy that sees the federal government playing the role of the great equalizer, i.e., &#8220;tax the rich, feed the poor til there are no rich no more.&#8221; &#8220;We can either settle for a country where a shrinking number of people do [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=imkane.wordpress.com&amp;blog=6947935&amp;post=8439&amp;subd=imkane&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p align="center"><strong>Why Obamanomics Will Fail</strong></p>
<p align="center"><em>By Jerry A. Kane</em></p>
<p>Obamanomics is a Marxist-based redistributionist economic philosophy that sees the federal government playing the role of the great equalizer, i.e., &#8220;tax the rich, feed the poor <a href="http://www.songmeanings.net/songs/view/3530822107858507037/">til there are no rich no more</a>.&#8221;</p>
<p style="padding-left:30px;"><em>&#8220;We can either settle for a country where a shrinking number of people do really well, while a growing number … barely get by. Or we can restore an economy where everyone gets a fair shot, everyone does their fair share, and everyone plays by the same set of rules.&#8221;</em>—Obama, State of the Union Address January 24, 2012</p>
<p>Obama seems to be saying that it is the duty of the federal government to even the playing field and force people to contribute to society to the best their ability and consume from society in proportion their needs, or as Marx coined, &#8220;<a href="http://en.wikipedia.org/wiki/From_each_according_to_his_ability,_to_each_according_to_his_need">From each according to his ability</a>, to each according to his need.&#8221;</p>
<p>Obama&#8217;s State of the Union brings to mind the story of the economics professor who claimed that he had never failed a single student, but he had failed an entire class once because it had insisted that Obamanomics would work if given the chance.</p>
<p>So the professor decided he would do an experiment with the class on Obamanomics. &#8220;All grades will be averaged and everyone will receive the same grade, so no one will fail, and no one will receive an A,&#8221; said the professor. (To attach the students with the consequences, the professor substituted grades for money.)</p>
<p>After the first test, the grades were averaged and all the students received a B. The students who studied hard were upset, but those who studied little or not at all were happy. When the second test rolled around, the students who had studied little studied even less, and those who had studied hard decided that they would take the free ride and studied little.</p>
<p>The average of the second test was a D, and no one was happy. After the third test, the average was an F. With each ensuing test, the class average decreased, but the bickering, blame, and name-calling among the students increased; and no one was willing to study for the benefit of anyone else.</p>
<p>When their final grades were posted, they all failed.</p>
<p style="padding-left:30px;"><em>&#8220;If you look into the </em><a href="http://www.youtube.com/watch?v=Wi-D24oCa10&amp;feature=related"><em>sources of poverty</em></a><em>, you will find that most of them are derived from … wrong-headed government policies.&#8221;</em>—Milton Friedman</p>
<p>In his final lecture, the professor pointed out that Obamanomics would also ultimately fail because when the reward for success is great, the effort to succeed is great, but when incentive is replaced by a handout, success goes with it. It&#8217;s that simple, the <a href="http://www.aynrand.org/site/PageServer?pagename=objectivism_nonfiction_the_virtue_of_selfishness">virtue of selfishness</a> Ayn Rand called it.</p>
<p style="padding-left:30px;"><em>&#8220;The <a href="http://www.youtube.com/watch?v=RWsx1X8PV_A">world runs on individuals pursing their self-interest</a>. The great achievements of civilization have not come from government bureaucrats. &#8230; there is no alternative way so far discovered of improving the lot of ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.&#8221;</em>—Milton Friedman</p>
<p>In a nutshell the professor&#8217;s experiment proved that:</p>
<ol>
<li>You can&#8217;t make the poor rich by making the rich poor.</li>
<li>For one person to get something for nothing, another person must work for nothing.</li>
<li>The government cannot give anything to anybody unless it first takes it from somebody else.</li>
<li>Wealth can&#8217;t be multiplied by dividing it.</li>
<li>When half of the people believe that they do not have to work because the other half will provide for them, the providers will eventually lose all desire to work, and that becomes the death knell for any nation.</li>
</ol>
<p style="padding-left:30px;"><em>&#8220;A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world&#8217;s greatest civilizations has been 200 years.&#8221;</em>—<a href="http://www.lorencollins.net/tytler.html">Author unknown</a></p>
<p>After flunking the 2008 midterm, Americans must pass the final this November or else the whole country fails.</p>
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<p style="text-align:center;"><a href="http://www.youtube.com/watch?v=Wi-D24oCa10&amp;feature=related"><strong>Milton Friedman: Why soaking the rich won&#8217;t work.</strong></a><strong> </strong><strong>4:06 Video</strong></p>
<p><iframe width="500" height="375" src="http://www.youtube.com/embed/Wi-D24oCa10?fs=1&#038;feature=oembed" frameborder="0" allowfullscreen></iframe></p>
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<p style="text-align:center;"><span style="font-family:Times New Roman;font-size:small;"> </span><strong><a href="http://www.youtube.com/watch?v=RWsx1X8PV_A">Milton Friedman &#8211; Greed</a> </strong><strong>2:24</strong><strong> Video</strong></p>
<p><span style="text-align:center; display: block;"><a href="http://imkane.wordpress.com/2012/01/25/why-obamanomics-will-fail/"><img src="http://img.youtube.com/vi/RWsx1X8PV_A/2.jpg" alt="" /></a></span></p>
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		<title>A WELCOMED DISTRACTION FOR MITT ROMNEY</title>
		<link>http://imkane.wordpress.com/2012/01/24/a-welcomed-distraction-for-mitt-romney/</link>
		<comments>http://imkane.wordpress.com/2012/01/24/a-welcomed-distraction-for-mitt-romney/#comments</comments>
		<pubDate>Wed, 25 Jan 2012 00:22:54 +0000</pubDate>
		<dc:creator>I.M. Kane</dc:creator>
				<category><![CDATA[Guest Commentary]]></category>

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		<description><![CDATA[A Welcomed Distraction for Mitt Romney By Scott Ryan Barack Obama is expected to pounce on Mitt Romney&#8217;s 14% tax rate during his State of the Union speech Tuesday night. In a Marketwatch column focusing on this topic, a discouraged Romney supporter named Michael commented that &#8220;Romney can&#8217;t get a break&#8230;&#8221; Michael and Romney supporters [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=imkane.wordpress.com&amp;blog=6947935&amp;post=8434&amp;subd=imkane&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p align="center"><strong><a href="mailto:mrarbitrage@tableofwisdom.com">A Welcomed Distraction for Mitt Romney</a></strong></p>
<p align="center"><em>By Scott Ryan</em></p>
<p>Barack Obama is expected to pounce on Mitt Romney&#8217;s 14% tax rate during his State of the Union speech Tuesday night. In a Marketwatch column focusing on this topic, a discouraged Romney supporter named Michael commented that &#8220;Romney can&#8217;t get a break&#8230;&#8221;</p>
<p>Michael and Romney supporters like him have nothing to worry about because this expected attack by Obama is exactly what Romney -WANTS. We are in the midst of a GOP PRIMARY. If this were a general election, Mitt perhaps wouldn&#8217;t want this attack -BUT- right now it is a welcomed diversion.</p>
<p>A direct attack in a State of the Union speech would be an honor for Romney. It would give him special attention as though he is now recognized by Obama himself as his November opponent. Romney would HOPE this could serve as a &#8220;rallying cry&#8221; to get impressionable GOP voters to inadvertently participate in the charade.</p>
<p>Romney also needs a new media driven narrative to take the attention of GOP voters -AWAY- from his mortifying track record as a Governor and senatorial candidate.</p>
<p>Distracting the voters is what he has done for the past several months. At this point nobody wants to talk about Bain Capital yet he keeps trying to milk the non-issue for all he can. Here in Florida he continues running ads talking about the other candidates &#8220;attacking capitalism&#8230;&#8221; But he&#8217;s the only one talking about it. It&#8217;s a tactic similar to what you will see in this football video:</p>
<p>What you see here is a football player using theatrics to draw a penalty. After the whistle blows and the play is over, a defensive player of the Cleveland Browns, being provoked, ever so slightly pushes an offensive player (number 89 of the Cincinnati Bengals) and #89 throws himself backwards several feet, lands on his back and then does a back roll&#8230;</p>
<p>That&#8217;s similar to what Romney did with Newt when Newt made some comments about specific failed companies in which Bain invested. Mitt Romney runs on supposedly great business acumen. So for Newt to point out some examples where Romney failed, it is not by default an attack on the capitalist system. Romney, who has no political track record upon which to run (because it is all too embarrassing) seized upon an opportunity to create polarization. He then circumvented discussion of his political history.</p>
<p>This tax rate “controversy” will likely serve as the next version of the aforementioned strategy. Regardless of which GOP candidate you may support, most of us can agree it is ridiculous to contend that 14% isn&#8217;t ENOUGH to give these con artists in Washington. The answer isn&#8217;t that Mitt should pay MORE to the prodigals in Washington but rather EVERYONE ELSE should pay the same low rate as Mitt.</p>
<p>I can foresee the moderate Murdoch media going on a 24 hour a day campaign featuring Romney as a victim and subliminally manipulating viewers into joining the rally to Mitt&#8217;s defense&#8230; That’s the way they operate. They did it ad nauseum with the Bain non-issue turned controversy – and you can count on this being their next desperate campaign strategy.</p>
<p>I&#8217;ve maintained that Romney is Obama&#8217;s &#8220;dream opponent&#8221; because Romney would inoculate Obama on his most vulnerable weaknesses, having recently maintained the same positions as Obama when he was last in government.</p>
<p>If the Administration really makes an issue of this tax return, that is further confirmation that they are throwing Mitt&#8217;s campaign a bone with which to run.</p>
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		<title>SOUTH CAROLINA PRIMARY WAS MORE THAN A KNEE-JERK REACTION</title>
		<link>http://imkane.wordpress.com/2012/01/24/south-carolina-primary-was-more-than-a-knee-jerk-reaction/</link>
		<comments>http://imkane.wordpress.com/2012/01/24/south-carolina-primary-was-more-than-a-knee-jerk-reaction/#comments</comments>
		<pubDate>Tue, 24 Jan 2012 17:19:33 +0000</pubDate>
		<dc:creator>I.M. Kane</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[In a recent commentary Thomas Sowell correctly argues that the message sent by South Carolinians was more than a knee-jerk reaction to Gingrich fearlessly confronting the media or his masterful debating skills. The fundamental message is that South Carolina primary voters do not want Mitt Romney, even if the Republican establishment does. Although the GOP [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=imkane.wordpress.com&amp;blog=6947935&amp;post=8426&amp;subd=imkane&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>In a recent commentary Thomas Sowell correctly argues that the message sent by South Carolinians was more than a knee-jerk reaction to Gingrich fearlessly confronting the media or his masterful debating skills.</p>
<p>The fundamental message is that South Carolina primary voters do not want Mitt Romney, even if the Republican establishment does. Although the GOP establishment has hyped Romney&#8217;s &#8220;electability,&#8221; a majority of primary voters remain unconvinced.</p>
<p>As Sowell points out, &#8220;If the bland and inoffensive moderate was in fact <a href="http://www.humanevents.com/article.php?id=49005">the key to victory</a>, Dewey would have won a landslide victory over Truman in 1948, and John McCain would have beaten Barack Obama in 2008.&#8221;</p>
<p>Whoever wins the Republican nomination will have to run against both Barack Obama and the Democrat Party media. And Gingrich has shown that he can do just that.</p>
<p style="padding-left:30px;"><em>&#8220;He has a <a href="http://www.humanevents.com/article.php?id=49005">depth of understanding of what issues are crucial</a>, experience in how to deal with them and &#8212; almost equally important &#8212; experience in how to shoot down the petty, irrelevant and &#8220;gotcha&#8221; distractions of the media.&#8221;</em></p>
<p>Conversely, Romney&#8217;s indecisiveness &#8220;is not going to cut it in a nationally televised debate with President Obama.&#8221;</p>
<p style="padding-left:30px;"><em>&#8220;<a href="http://www.humanevents.com/article.php?id=49005">When the Super Bowl is on the line</a>, you don&#8217;t go with the quarterback who is least likely to throw an interception. You go with the one most likely to throw a touchdown pass.&#8221;</em></p>
<p>In other words, you go on offense and play to win.</p>
<p><strong>I.M. Kane</strong></p>
<p>To read the rest of Sowell&#8217;s commentary, see <a href="http://www.humanevents.com/article.php?id=49005">South Carolina message</a>.</p>
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