Bush’s Freudian Faux Pas

Bush, IMMIGRATION

It’s getting harder and harder for Bush to keep his ducks in a row and give the appearance that he isn’t lying. In addition to slight retardation, as Borat would say, could the above explain Bush’s accelerated stuttering and malapropisms?

Check the latest Bushism, reported by WorldNetDaily:

“While President Bush has insisted the immigration reform package he’s promoting in the Senate does not provide amnesty for illegal aliens, he made an apparent slip of the tongue today that suggested otherwise, catching the attention of the bill’s fervent opponents.

At a briefing today at the Eisenhower Executive Office Building, the president said: “You know, I’ve heard all the rhetoric – you’ve heard it, too – about how this is amnesty. Amnesty means that you’ve got to pay a price for having been here illegally, and this bill does that.”

Capital Flight

Business, Capitalism, Economy, Free Markets, Government

Be afraid when a Democrat-dominated, “influential House committee is set to hear testimony from all five commissioners of the Securities and Exchange Commission today—the first time that has happened in at least 10 years.” Yes, the SEC is making a House call, as the Wall Street Journal put it.

What new havoc the SEC wrecking ball will wreak? That’s too early to tell. So far, according to FreedomWorks, the Republican Party’s Sarbanes-Oxley Act of 2002 has had the following effects on American capital markets:

“Between 1996 and 2001, the New York Stock Exchange (NYSE) averaged fifty new non U.S. listings annually; in 2005, it gained nineteen.

London’s AIM (Alternative Investment Market) had 335 initial offerings of securities in 2005 – twice the total in 2000, while Nasdaq had 126, down 65 percent.

In 2000, nine of every ten dollars raised by foreign companies were raised in the United States; in 2005, nine of the ten largest offerings were not registered in the United States, and of the largest twenty-five global offerings, only one took place in the U.S.

The government accounting office (GAO) found that the number of public companies going private increased from 143 in 2001 to 245 in 2004.

In 2000, nearly half, 46.8%, of the global IPO equity was raised on U.S. exchanges. However, in 2005, only 5.7% of dollars raised by non U.S. company IPOs was raised through shares listed on U.S. stock markets subject to U.S. regulatory rules and oversight.

The total inflation-adjusted value of securities class-action settlements increased to $9.6 billion in 2005 from $150 million in 1997.

The Sarbanes-Oxley Act of 2002, which placed extremely costly additional financial burdens, is estimated to have ‘cost in lost market value of U.S. companies at $1.4 trillion.’ In addition, it appears that the requirement for independent-director majorities on corporate boards has reduced the willingness of corporations to take risks, which will have a long run, adverse effect on U.S. economic growth.”

A Mighty Ego

Celebrity, Film, Hollywood, Islam, Terrorism

Back when she had just lost her husband, Mariane Pearl declared superciliously that “revenge would be easy, but it is far more valuable … to address this problem of terrorism with enough honesty to question our own responsibility as nations and as individuals for the rise of terrorism.” She called on “our governments to work hand in hand,” and for “love, compassion, friendship and citizenship” to transcend the so-called “clash of civilizations.”

Yawn. The woman is a walking cliché. As is Angelina Jolie, who plays Mariane in “A Mighty Heart,” for which the media are conducting a blitzkrieg of publicity. Time and again, Jolie has appeared to tediously intone about this effort, puncturing every sentence with whispers about forgiveness and reconciliation.

The Muslim age-old Jew hatred played a large part in Daniel Pearl’s beheading. He was accused of being a spy and agent of the Mossad and made to recite a humiliating confession to that effect, before his head was lopped off. The jihadis released a video of his butchering titled, “The Slaughter of the Spy-Journalist, the Jew Daniel Pearl.”

So obviously aimed at consolidating Jolie and Mariane Pearl’s sainthood, the film shifts the focus away from such salient aspects. It concentrated instead on the heroism of journalists. Mariane calls herself a journalist. Like most, she is eager to celebrate herself (or, alternately, the Islamic hajj).

Such is Mariane’s ego that a colleague of Pearl has already lamented that the Daniel Pearl she knew was nowhere to be found in the film. A rather dashing man, Daniel is played by some unknown, Dan Futterman, whom Salon.com’s, no-doubt, feminist reviewer described approvingly as “grave and elfin.” That’s not good, believe me. Basically, the hero dwarfs alongside Mariane Pearl/Jolie.

In any event, to watch Angelina with an afro and an accent play a pregnant saint is not my idea of fun. Ever since she began to believe she was on earth to die for everyone else’s sins toward the poor “brown babies” of the world (in the words of the inimitable Ingrid Bergman, in “Murder On The Orient Express”), Jolie has lost whatever meager acting abilities she had. All I can see is an annoying, emoting activist.

The Palestinian Appetite For Destruction

Islam, Israel, Israeli-Palestinian Conflict, Middle East

“Societies are only as good as the individuals they comprise. And individuals are only as good as their actions. Overall, Israeli society is superior to Palestinian society because, like America, it is peopled by individuals who make possible a thriving civil society. Yet to Bush, the latest chaotic chapter in the annals of the M.O.P.E (Most Oppressed People Ever) is an ‘exciting moment.’ It has inspired in him visions (or hallucinations) of “two states living side by side in peace.” Bush’s appetite for destruction must be even healthier than that of the Palestinians.”

In this week’s WND essay, which led the Commentary Page, “The Palestinian Appetite For Destruction,” you can read about how Abbas intends to consolidating his street cred with the Palestinians, why Carter has a point; Bush ought not to be favoring any of the Palestinian Black Shirts. There is also a juxtaposition of Israeli society and the savage society adjacent to it, and the manner in which the two Palestinians and Jews have responded to historical challenges.