Shalu shalom Yerushalayim: Pray for the peace of Jerusalem. (Psalm 122: 6)
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“For here we are not afraid to follow the truth wherever it may lead, nor to tolerate any error so long as reason is left free to combat it.” (Thomas Jefferson)
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- Scan the headlines and read the articles that interest you.
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Scripture of the day:
Isaiah 38: 21-22—Now Isaiah had said, “Let them take a cake of figs and apply it to the boil, that he may recover.” Then Hezekiah had said, “What is the sign that I shall go up to the house of Yahweh?”
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“My people are destroyed for lack of knowledge.” (Hosea 4: 6)
News Items of Interest:
Israel
- PLO official says Obama sends warning to Abbas
- U.S.: PLO claim of threat to cut PA ties borders on ‘absurdity’
- ‘US pressuring PA into direct talks’
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- Israel believes Abbas will bide time on direct talks until settlement freeze nears end
- Gaza rocket strikes southern Israel for second time in 24 hours
- Hamas vows revenge after Israel kills commander in Gaza strike
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SnyderTalk Commentary: Sometimes the truth hurts. If seeking the truth meant anything to Bashar al Assad, he wouldn’t try to prevent its discovery. As a third-world despot, he probably doesn’t have a clue what I’m talking about.
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- Noam Shalit appeals to Palestinian public for Shalit deal
- Public so hungry for Shalit deal, it swallows unfounded reports
- Anti-Defamation League rebuked for opposition to 9/11 mosque
- U.S. companies transferred funds to suspects in Dubai hit
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- Has the enemy’s technology become hard for Israeli spies to surmount?
- Alleged Mossad agent fights extradition to Germany
- Son of British Jew named as latest suspect in Dubai murder
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- The media have blown the Romania helicopter crash out of proportion
- ‘I welcome US public’s support’
- UN: Extend freeze to east J’lem
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Israel’s Security Needs
- Video: Israel’s Critical Security Needs for a Viable Peace
- Video: Full Netanyahu UN Speech 9/24/2009
- Video: Dr. Dore Gold: US should support Israel’s right to defensible borders
- Video: President Obama Meets with President Abbas
- Video: Davos Annual Meeting 2010—Conversation with Jordan’s King Abdullah
- Video: Davos Annual Meeting 2010—Rethinking the balance of power in the Middle East
- The Mount of Olives in Jerusalem: Why Continued Israeli Control Is Vital
The Temple Mount taken from the top of the Mount of Olives
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Videos
- Video: New BP chief pledges to restore Gulf
- Video: Mum’s the word in N.Y. ahead of Clinton nuptials
- Video: Clintons on eve of Chelsea’s wedding
- Video: Calif. Wildfire Jumps Aqueduct, Approaches Homes
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- Video: WWLTV joins La. trip to site of Alaskan oil spill
- Video: U.S. investigating threats against Juarez consulate
- Video: Michigan oil spill contained: Enbridge
- Video: Calls for Rangel resignation
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- Video: Evan Bayh standing up to party
- Video: Behind the amnesty memo
- Video: Feds making unmarried women dependent on government
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- Video: British author in Singapore court
- Video: Premature celebration in Motor City
- Video: Obama Takes ‘Victory Lap’ on Auto Bailout
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- Video: Panel Recommends Slap on Wrist for Rangel
- Video: Alan Grayson in DVD dustup
- Video: Lawmakers expecting raucous August recess
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SnyderTalk Commentary: If voters in New York’s 9th congressional district don’t re-elect Rep. Weiner in November, I think he can build a career in Hollywood. I can picture him co-starring with Jack Nicholson in a movie like “One Flew Over the Cuckoo’s Nest”.
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Perspective
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- Hugo Chávez, Tomb Raider
- Chicago: Where Criminals No Longer Fear the Police
- The Truths We Dare Not Speak About Illegal Immigration
- Sen. Leahy (D-VT) Denies Senate Judiciary Request to Investigate New Black Panther Case
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- The Essay Read Round the World
- Can Congress Be Saved from Its Own Greed?
- Saving Suborbital: Will Congress Kill NASA’s Reusable Space Program?
- Europeans Debate Leaked Afghanistan War Logs
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- A Court Victory for the Enemy of the Mullahs
- American PR Firm Helping Putin Bamboozle Hapless Investors in Russia
- Burka Bans Spreading, Though Shamefully Not in Britain
- The Dark at the End of the Tunnel
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- Top Muslim Cleric Urges Western Muslims to ‘Liberalize’
- Why Wasn’t American Al-Qaeda Ghostwriter on No-Fly List?
- Disgrace: DOJ Fails to Protect Military Voting Rights
- The Brothel Named Iran
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- Is the U.S. Building the Next Intifada?
- In Speech to Turkey, PM David Cameron Goes Full Idiot
- Will Wikileaks Perpetrators Experience any Real Guilt?
- Is Marital Rape a Crime in America, or a Muslim Religious Right?
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- Is Oliver Stone Toast?
- Israel’s ‘Anchor Baby’ Issue: A Conundrum for a Jewish State
- When Phyllis Schlafly Speaks the Truth, Democrats Call It ‘Extremism’
- Obama finds Rangel charges “very troubling,” hopes he ends career “with dignity”
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- Clinton comptroller blasts government workers’ accrual of benefits at expense of private sector workers
- The Multiplying Mysteries of Creating an Islamic Center Near Ground Zero
- Albert the Alligator and the British Ambassador
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SnyderTalk Editorial: Don’t be deceived by the rhetoric. GM’s bailout didn’t save a single auto job.
This is simple economics. Auto demand is not dependent on the companies making automobiles. If GM had been allowed to go under after it failed, consumers would still have bought cars, but they would have purchased them from Ford or Chrysler or Toyota or Honda, for example.
If GM had been allowed to fail, the company’s assets would have been purchased by other auto manufacturers who would have deployed them profitably. The jobs that were supposedly “saved” would have been transferred to the companies buying GM’s assets. The bottom line is clear. The same number of people would have been employed in the auto industry with or without GM. So why the GM bailout? This too is straightforward and simple. GM’s bailout was designed to protect “union jobs” at GM in Michigan.
Ford didn’t accept any federal assistance, and it’s doing fine. What did Ford do that GM didn’t do? In the early 1980s during the second Arab oil embargo, Ford was looking bankruptcy squarely in the face. They had to change their ways or fail, and they did change. Ford redesigned its products, cut duplicative and unnecessary jobs, and retooled their entire operation from top to bottom. GM survived that turbulent period without making the changes they should have made. The bottom line? Ford weathered the 2008 storm and came out strong. GM accepted government money in 2008 and still hasn’t made all of the changes they have to make.
Who is the loser? This may surprise you. GM is the loser. Eventually, GM will have to make the changes that they should have made in the early 1980s and in 2008. The bailout simply allowed GM to continue operations without having to get serious about the problems that led to their near demise. In a competitive world, GM can’t continue operating if Ford and Toyota and Honda and BMW and Chrysler, for example, are making better cars and selling them at lower prices for comparable models.
As voters and taxpayers, we need to know what actually happened with the GM bailout because our money is being used to prop up companies that have shown no inclination to compete. In effect, politicians are buying votes, union votes, with our money, and they’re doing it brazenly.
The next time you hear about the number of auto jobs saved by the GM bailout, remember that no jobs were saved and GM is still not prepared to compete. It’s true that GM products are getting better, but Ford products, for example, are better than GM products, and quality at Ford is improving faster than quality at GM. Consumers will make that obvious in due course with their buying decisions.
GM’s new Chevy Volt is a good case in point. It costs about $40,000, and it won’t accommodate the typical American family. If you were considering the purchase of a $40,000 automobile, would you buy a Volt? Most people won’t, and the Volt demonstrates that GM continues to make products that people don’t want or need and can’t afford. In the end, that’s a formula for disaster, and no amount of government funding can change that reality.
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World
- Pakistan plane crash ‘black box’ found
- Obama urges Iran to release three U.S. hikers
- Firms Ignoring Iranian Sanctions?
- Campaign to Stop Stoning in Iran
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- Death toll in Pakistani floods surges past 800
- Brazilian men swapped at birth work, live together
- Pakistan spy chief scraps UK trip on “terror” remarks
- China invests $40b. in Iran oil and gas
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US
- Ethics panel to charge Rep. Maxine Water (D, California)
- Debris in relief well sets back work on gusher
- Obama decries GOP over small business lending bill
- New Mexico Considers Pardon for Billy the Kid
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- Checks But No Bank For Fort Hood Gunman
- GOP Lawmakers: Amnesty Plan in the Works?
- Poll: 62% Think America Is In Decline
- Dems, Independents Behind Crist’s Lead
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- Arizona Appeal of Immigration Ruling Set For November
- Face on Mars or Rocky Hill? New Photo Reveals Truth
- First Dust Storm Ever Seen on Red Planet
- Crews beat back wildfire in desert north of LA
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- Crowd on VIP alert at site of Clinton’s NY wedding
- 3 squabbling companies must cooperate to plug well
- Rangel using 3-way defense against ethics charges
- Paperwork nightmare: A struggle to fix new law
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- Obama hopes Rep. Rangel can leave “with dignity”
- Grand jury eyes monitor shutdown at Massey mine: report
- Congress to probe Michigan oil spill
- Nebraska’s Nelson first Democratic senator to oppose Kagan
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His Name is Yahweh:
There is a wealth of material available for free download on www.hisnameisyahweh.org including the book His Name is Yahweh. His Name is Yahweh is also available at Amazon on Kindle for just $5. If you haven’t read His Name is Yahweh, you should. The importance of Yahweh’s Name is becoming more apparent with each passing day.
Available on Amazon Kindle and it can be downloaded at www.hisnameisyahweh.org