Spain Bank Bailout is Latest Eurozone Financial Setback

Shoot, let them fail. The bailouts have gone on long enough.

At Zero Hedge, "The Spanish Bank Bailout Begins."

And Telegraph UK, "New eurozone crisis looms as Spain prepares bail-out":

A new eurozone crisis is looming as Spain signalled on Monday it was ready to bail out ailing banks after markets shrugged off the election results in France and Greece.

Prime minister Marian Rajoy indicated the Government was ready to intervene to save banks wrestling with the collapse of the housing market.

Bankia, Spain's fourth biggest bank, is the first in line for state aid. Rodrigo Rato, chairman and former IMF managing director, swiftly resigned after it was disclosed the finance ministry was preparing to refinance the bank and introduce legislation to protect the balance sheets of others.

Spain, which also signalled it could dock its only aircraft carrier to save €30m a year, is already struggling to cope with an austerity drive that has pushed the jobless total up to nearly 25pc of the workforce.

Mr Rajoy insisted that any bank bail-out would not compromise the tough targets set by Brussels to reduce the budget deficit.
Peter Kenny, managing director at Knight Capital, said Spain's action was positive because "it's them taking ownership of their own issues".

Fears of a fall-out in financial markets after the election results in France and Greece were short-lived. Shares and the euro recovered after initial falls as investors reasoned any policy changes in the eurozone recovery programme were some way off.

But the turmoil in Greece produced by a backlash against a tough austerity programme and the failure of early efforts to form a coalition government heightened speculation the country would be forced out of the eurozone.

Citi's European economics team said there was a "rising risk of a Greek exit from the euro within the next 12 to 18 months."

Also at NYT, "Executive Chairman Resigns at Bankia, the Troubled Spanish Real Estate Lender."

Obama's New Campaign Ad, 'Go' — Hey, What Happened ObamaCare and Dodd-Frank Wall Street Reform?

At ABC's OTUS blog, "New Obama ad strikes ‘don't blame me' tone on economy":

The ad is notable in part for what it doesn't show: Romney never appears, and opposition to Obama is reduced to a few images of Tea Party rallies, including one shot of a demonstrator in colonial garb with a "Shut 'Er Down" sign. Obama's two signature domestic policy achievements, his health care overhaul and the Dodd-Frank rewrite of Wall Street rules, are missing, as is the $800-billion-dollar stimulus package he championed as necessary to revive the economy.

And check The Fix, "Obama makes case in major swing state ad ‘Go,’ launches $25 million ad buy."

U.S. Disrupts New Jetliner Bomb Plot in Yemen — White House Gets AP to Hold Off Reporting for Intelligence Reasons

The Wall Street Journal has the main story, "Jetliner Bomb Plot Is Foiled."

It's a good thing.

Al Qaeda operatives are obviously working hard at deploying detection-proof explosives on U.S. jetliners. What's intriguing is the administration's coordination with the Associated Press in embargoing the story. Politico's got that, "W.H. embargoed Al Qaeda bomb threat" (via Memeorandum). And AP's report is here, "US: CIA thwarts new al-Qaida underwear bomb plot":

The operation unfolded even as the White House and Department of Homeland Security assured the American public that they knew of no al-Qaida plots against the U.S. around the anniversary of bin Laden's death.

"We have no credible information that terrorist organizations, including al-Qaida, are plotting attacks in the U.S. to coincide with the anniversary of bin Laden's death," White House press secretary Jay Carney said on April 26.

On May 1, the Department of Homeland Security said, "We have no indication of any specific, credible threats or plots against the U.S. tied to the one-year anniversary of bin Laden's death."

The AP learned about the thwarted plot last week but agreed to White House and CIA requests not to publish it immediately because the sensitive intelligence operation was still under way. Once officials said those concerns were allayed, the AP decided to disclose the plot Monday despite requests from the Obama administration to wait for an official announcement Tuesday.

U.S. officials, who were briefed on the operation, insisted on anonymity to discuss the case, which the U.S. has never officially acknowledged.

It's not clear who built the bomb, but, because of its sophistication and its similarity to the Christmas bomb, authorities suspected it was the work of master bomb maker Ibrahim Hassan al-Asiri. Al-Asiri constructed the first underwear bomb and two others that al-Qaida built into printer cartridges and shipped to the U.S. on cargo planes in 2010.

The report goes on to indicate that "The operation is an intelligence victory for the United States and a reminder of al-Qaida's ambitions, despite the death of bin Laden and other senior leaders."

Right.

An intelligence victory --- and a political victory for Barack "Gutsy Call" Obama and his new national security homeboy creds.

And if there's any doubt about the political coordination with the Obama-enabling media, recall from last year: "Good news: GutsyCall.com now redirects to Obama campaign site."

France, Greece, and the End of the Euro

From Jeremy Warner, at Telegraph UK, "Hollande wins and the end of the euro draws nearer" (via RealClearWorld).

I was thinking along these lines yesterday: "Socialist François Hollande Wins French Presidential Election."

RELATED: See what you can make of Paul Krugman's argument, "Those Revolting Europeans" (via Memeorandum). Krugman floats the notion of a collapse of the Euro, but only as a straw man to browbeat Germany to drop its insistence on austerity. In other words, Germany --- and France --- should end the pretense of fiscal restraint and start spending like there's no tomorrow. And Germany especially should be the market of last resort for depressed-economy exports, thus allowing its currency to appreciate, and then, ineluctably, making its own exports less competitive. Alas, Krugman wants the market only when it fits his agenda of the ever-spending welfare state. Obviously Berlin's not down with that redistributionist program.

Again, check that Memeorandum link for more. Krugman's getting a lot of huzzahs from the progs all fired up with the socialist victory and the impending gush of socialist red ink.

American Airlines Winds Down AAirpass: Unlimited Frequent Flyer Program Has Too-Frequent Flyers

This is an amazing story.

I love to fly and American Airlines is my favorite carrier, but I never imagined anything like this. When something's too good to be true it's not likely to last as long as this program, and AA's pulling the plug as aggressively as it can.

At the Los Angeles Times, "The frequent fliers who flew too much":

There are frequent fliers, and then there are people like Steven Rothstein and Jacques Vroom.

Both men bought tickets that gave them unlimited first-class travel for life on American Airlines. It was almost like owning a fleet of private jets.

Passes in hand, Rothstein and Vroom flew for business. They flew for pleasure. They flew just because they liked being on planes. They bypassed long lines, booked backup itineraries in case the weather turned, and never worried about cancellation fees. Flight crews memorized their names and favorite meals.

Each had paid American more than $350,000 for an unlimited AAirpass and a companion ticket that allowed them to take someone along on their adventures. Both agree it was the best purchase they ever made, one that completely redefined their lives.

In the 2009 film "Up in the Air," the loyal American business traveler played by George Clooney was showered with attention after attaining 10 million frequent flier miles.

Rothstein and Vroom were not impressed.

"I can't even remember when I cracked 10 million," said Vroom, 67, a big, amiable Texan, who at last count had logged nearly four times as many. Rothstein, 61, has notched more than 30 million miles.

But all the miles they and 64 other unlimited AAirpass holders racked up went far beyond what American had expected. As its finances began deteriorating a few years ago, the carrier took a hard look at the AAirpass program.

Heavy users, including Vroom and Rothstein, were costing it millions of dollars in revenue, the airline concluded.

The AAirpass system had rules. A special "revenue integrity unit" was assigned to find out whether any of these rules had been broken, and whether the passes that were now such a drag on profits could be revoked.

Rothstein, Vroom and other AAirpass holders had long been treated like royalty. Now they were targets of an investigation.

******

When American introduced the AAirpass in 1981, it saw a chance to raise millions of dollars for expansion at a time of record-high interest rates.

It was, and still is, offered in a variety of formats, including prepaid blocks of miles. But the marquee item was the lifetime unlimited AAirpass, which started at $250,000. Pass holders earned frequent flier miles on every trip and got lifetime memberships to the Admirals Club, American's VIP lounges. For an extra $150,000, they could buy a companion pass. Older fliers got discounts based on their age.

"We thought originally it would be something that firms would buy for top employees," said Bob Crandall, American's chairman and chief executive from 1985 to 1998. "It soon became apparent that the public was smarter than we were."

The unlimited passes were bought mostly by wealthy individuals, including baseball Hall-of-Famer Willie Mays, America's Cup skipper Dennis Conner and computer magnate Michael Dell.

Mike Joyce of Chicago bought his in 1994 after winning a $4.25-million settlement after a car accident.

In one 25-day span this year, Joyce flew round trip to London 16 times, flights that would retail for more than $125,000. He didn't pay a dime.

"I love Rome, I love Sydney, I love Athens," Joyce said by phone from the Admirals Club at John F. Kennedy International Airport in New York. "I love Vegas and Frisco."

Rothstein had loved flying since his years at Brown University in Rhode Island, where he would buy a $99 weekend pass on Mohawk Air and fly to Buffalo, N.Y., just for a sandwich.

He bought his AAirpass in 1987 for his work in investment banking. After he added a companion pass two years later, it "kind of took hold of me," said Rothstein, a heavyset man with a kind smile.

He was airborne almost every other day. If a friend mentioned a new exhibit at the Louvre, Rothstein thought nothing of jetting from his Chicago home to San Francisco to pick her up and then fly to Paris together.

In July 2004, for example, Rothstein flew 18 times, visiting Nova Scotia, New York, Miami, London, Los Angeles, Maine, Denver and Fort Lauderdale, Fla., some of them several times over. The complexity of such itineraries would stump most travelers; happily for AAirpass holders, American provided elite agents able to solve the toughest booking puzzles.

They could help AAirpass customers make multiple reservations in case they missed a flight, or nab the last seat on the only plane leaving during a snowstorm. Some say agents even procured extra elbow room by booking an empty seat using a phony name on companion passes.

"I'd book it as Extra Lowe," said Peter Lowe, a motivational speaker from West Palm Beach, Fla. "They told me how to do it."

Vroom, a former mail-order catalog consultant, used his AAirpass to attend all his son's college football games in Maine. He built up so many frequent flier miles that he'd give them away, often to AIDS sufferers so they could visit family. Crew members knew him by name.

"There was one flight attendant, Pierre, who knew exactly what I wanted," Vroom said. "He'd bring me three salmon appetizers, no dessert and a glass of champagne, right after takeoff. I didn't even have to ask."

Creative uses seemed limitless. When bond broker Willard May of Round Rock, Texas, was forced into retirement after a run-in with federal securities regulators in the early 1990s, he turned to his trusty AAirpass to generate income. Using his companion ticket, he began shuttling a Dallas couple back and forth to Europe for $2,000 a month.

"For years, that was all the flying I did," said May, 81. "It's how I got the bills paid."

In 1990, the airline raised the price of an unlimited AAirpass with companion to $600,000. In 1993, it was bumped to $1.01 million. In 1994, American stopped selling unlimited passes altogether.

Cable TV executive Leo Hindery Jr. bought a five-year AAirpass in 1991, with an option to upgrade to lifetime after three years. American later "asked me not to convert," he said. "They were gracious. They said the program had been discontinued and if I gave my pass back, they'd give me back my money."

Hindery declined, even rebuffing a personal appeal by American's Crandall (which the executive said he did not recall). To date, he has accumulated 11.5 million miles on a pass that cost him about $500,000, including an age discount and credit from his five-year pass.

"It was a lot of money at the time," Hindery said. "But once you get past that, you forget it."

In 2004, American offered the unlimited AAirpass one last time, in the Neiman-Marcus Christmas catalog. At $3 million, plus a companion pass for $2 million more, none sold.

There's lots more at the link.

What a life that would be, able to lift off and go anywhere, anytime like that.

Like I said, it's too good to be true.

Greek Voters Oust Ruling Parties in Backlash Against Austerity

The Wall Street Journal offers a dire headline, "Greeks Court Chaos in Mass Protest Vote: New Parties Vow to Redo Bailout Terms; Prospects for Coalition Rule Look Dim" (at Google):

ATHENS — Greek voters on Sunday delivered a stinging rejection of the country's two incumbent parties—the Socialist, or Pasok, party and the conservative New Democracy—and the austerity program they support, raising the specter of political instability that could ultimately challenge the country's future in the euro zone.

More than 60% of the popular vote went to smaller left- and right-wing parties that have campaigned against the austerity program Greece must implement in exchange for continued financing from its European partners and the International Monetary Fund.

With the political landscape dramatically recast, difficult talks for a multiparty coalition were set to follow the election of Greece's most fragmented Parliament since the restoration of democracy and the fall of the military junta in 1974. But the prospect of a viable government emerging from these talks looked dim, raising the possibility of fresh elections before long—possibly by the middle of next month.

Greek voters' resounding rejection of austerity came the same day that the French elected François Hollande as president, giving that country a Socialist leader who has pledged to shift the burden of hardship onto the rich and resolve the protracted euro sovereign-debt crisis by softening the current prescription of fiscal stringency.

With more than 95% of the vote counted, Greece's two mainstream parties looked set to secure just 150 seats in the 300-seat Parliament, which would prevent them from forming a governing coalition on their own. The projection includes a 50-seat bonus awarded to the conservative New Democracy party which holds a slim lead with 19.1% of the vote and 109 seats.

The two parties garnered just under 33% of the vote between them, a sharp drop from the combined 77% they won in the previous election less than three years ago.

At least seven parties, most of which reject austerity policies, were poised to clear the 3% threshold needed to enter Parliament—meaning the next Greek government will have difficulty implementing the reform program demanded by the country's European and international creditors in exchange for funding a continued bailout for Greece.

In a surprise result, the Coalition of the Radical Left, or Syriza, which seeks to annul the austerity program, saw its share of the vote more than triple from the 2009 elections, to 16.4% of the vote and 51 seats—making it the second-largest party in Parliament—Interior Ministry projections showed.

Pasok took the brunt of voter anger, slipping to third place, with 13.5% of the vote and 41 seats, its worst showing in more than 30 years.

The far-right, anti-immigrant Golden Dawn party, with an estimated 6.9% of the vote, or 21 seats, will enter Parliament for the first time.

If final results confirm initial projections, a bipartisan coalition of New Democracy and Pasok is unlikely to deliver a viable government, capable of passing fresh reforms demanded by international creditors.

And here's this, from the editors at WSJ, "The New Greek Extremism":

As for the rise of the extremist fringes, this should serve as a warning of what happens in countries where mainstream parties fail. It's too soon to start making comparisons to the interwar years of the last century, when Fascism, Communism and Nazism all found their political footholds. But that's the scenario Europe may someday risk again if its centrist parties continue to fail.

RTWT.

Also, at Telegraph UK, "Angry Greeks send a message by punishing parties of austerity." And from The Guardian, "Greek voters vent anger towards austerity at ballot box: Parties that passed unpopular belt-tightening measures punished by electorate..."

A Reinvigorated Monarchy: Former Prime Minister John Major Reveals His Admiration for Britain's Young Royals, William and Kate

I like this clip, and I've been thinking about how the monarchy's been revived for some time now.

At CNN: "Exclusive: Former PM: William and Kate reinvigorated monarchy."

Khalid Shaikh Mohammed and 9/11 Co-Defendants Defy Guantanamo Trial, Turn Courtroom Into Circus

LAT has the mainstream story, "Sept. 11 terrorism trial at Guantanamo gets off to a silent start."

But see Pamela's report, "911 Trial Muslim Terrorists: "I spit on their Graves" KSM and co-jihadists mock victims --- turn courtroom into circus."

No matter how the enmedia hides and obfuscates and shields the enemy and their ideology in the cause of Islam, the truth is unavoidable. Bloody mass murder while ....... praying. And their lawyer, a full burka'ed woman is demanding that all the women in the courtroom be attired in cloth coffins.

Obama say, "respect it!"

#Occupy Shill Robert Reich Says Socialism Not the Answer, Wealth Redistribution Is — Wait, What?

Robert Reich, the former Clinton administration Labor Secretary and Professor of Public Policy at UC Berkeley, is out with a bizarre commentary at the Huffington Post, "The Answer Isn't Socialism; It's Capitalism That Better Spreads the Benefits of the Productivity Revolution" (via Memeorandum):

The last great surge in productivity occurred between 1870 and 1928, when the technologies of the first industrial revolution were combined with steam power and electricity, mass produced in giant companies enjoying vast economies of scale, and supplied and distributed over a widening system of rails. That ended abruptly in the Great Crash of 1929, when income and wealth had become so concentrated at the top (the owners and financiers of these vast combines) that most people couldn't pay for all these new products and services without going deeply and hopelessly into debt -- resulting in a bubble that loudly and inevitably popped.

If that sounds familiar, it should. A similar thing happened between 1980 and 2007, when productivity revolution of computers, software, and, eventually, the Internet spawned a new economy along with great fortunes. (It's not coincidental that 1928 and 2007 mark the two peaks of income concentration in America over the last hundred years, in which the top 1 percent raked in over 23 percent of total income.)

But here's the big difference. During the Depression decade of the 1930s, the nation reorganized itself so that the gains from growth were far more broadly distributed. The National Labor Relations Act of 1935 recognized unions' rights to collectively bargain, and imposed a duty on employers to bargain in good faith. By the 1950s, a third of all workers in the United States were unionized, giving them the power to demand some of the gains from growth. Meanwhile, Social Security, unemployment insurance, and worker's compensation spread a broad safety net. The forty-hour workweek with time-and-a-half for overtime also helped share the work and spread the gains, as did a minimum wage. In 1965, Medicare and Medicaid broadened access to health care. And a progressive income tax, reaching well over 70 percent on the highest incomes, also helped ensure that the gains were spread fairly.

This time, though, the nation has taken no similar steps. Quite the contrary: A resurgent right insists on even more tax breaks for corporations and the rich, massive cuts in public spending that will destroy what's left of our safety nets, including Social Security and Medicare and Medicaid, fewer rights for organized labor, more deregulation of labor markets, and a lower (or no) minimum wage.

This is, quite simply, nuts.

And this is why a second Obama administration, should there be one, must focus its attention on more broadly distributing the gains from growth. This doesn't mean "redistributing" from rich to poor, as in a zero-sum game. To the contrary, the rich will do far better with a smaller share of a robust, growing economy than they're doing with a large share of an economy that's barely moving forward.

This will require real tax reform -- not just a "Buffett" minimal tax but substantially higher marginal rates and more brackets at the top, with a capital gains rate matching the income-tax rate. It also means a larger Earned Income Tax Credit, whose benefits extend high into the middle class. That will enable many Americans to move to a 35-hour workweek without losing ground -- thereby making room for more jobs.

It means Medicare for all rather than an absurdly-costly system that relies on private for-profit insurers and providers.

It will require limiting executive salaries and empowering workers to get a larger share of corporate profits. The Employee Free Choice Act should be an explicit part of the second-term agenda.

It will require strict limits on the voracious, irresponsible behavior of Wall Street, from which we've all suffered. The Glass-Steagall Act must be resurrected (the so-called Volcker Rule is more ridden with holes than cheese), and the big banks broken up.

And it will necessitate a public educational system - including early child education - second to none, and available to all our young people.

We don't need socialism. We need a capitalism that works for the vast majority. The productivity revolution should be making our lives better -- not poorer and more insecure. And it will do that when we have the political will to spread its benefits.

For such a smart man it's amazing how dense Reich can be. Look at that policy agenda he just laid out. Not socialism? Give me a break. Reich just described modern "democratic socialism" to a T. That's the creeping socialism of the European welfare state, the model that's frankly bankrupting the nations of the EU. Mark Steyn wrote precisely of the Reich model shortly after Obama came to office: "The Europeanization of America."

Of course, it hardly helps Reich's case that the occupy movement is one big socialist revolutionary project --- and that he's an abject shill for the movement. I've written about this over and over again, for example, "Manifesto: Occupy for the Revolution," and "Occupy Wall Street: The Communist Movement Reborn."

Reich is defining socialism down --- or, more precisely, redefining capitalism up to a statist redistributionist economic system. Classic, isn't it? Words mean only what progressives want them to mean.

Added: From Elizabeth Foley, guest blogging at Instapundit, "ROBERT REICH: THE ANSWER ISN’T SOCIALISM BUT MORE WEALTH REDISTRIBUTION: Er, um, so wouldn’t that actually be more like communism? You can’t make stuff like this up."

New Romney Ad Slams the Obama Economy: 'Silence'

I like this.

The Hill reports, "Romney ad: Millions ‘suffering in silence’ from Obama’s economy."

Fahd Mohammed Ahmed al Quso Killed in Drone Strike in Yemen — Al Qaeda Terrorist Tied to Bombing of USS Cole

Yay, good riddance to the f-ker.

At The Jawa Report, "Yemen: Top al-Qaeda Leader Wanted In USS Cole Bombing, Fahd al-Quso, Killed in Airstrike?", and Long War Journal, "USS Cole bomber killed in US drone strike in Yemen."

Also at the New York Times, "Militant Tied to U.S.S. Cole Bombing Said to Be Killed."

Research Update: Sexual Attraction Will Usually Interfere With Male-Female Platonic Relationships — Especially For Men!

Well, I can attest to this by personal experience, LOL!

At London's Daily Mail, "Sex WILL always get in the way of the male-female relationship." (Click on image below for full size.)

It is perfectly normal to have friendships with the opposite sex and most people would swear that they are platonic.

But according to a new study, there is nearly always attraction between male and female friends and the most common cost is dissatisfaction with current romantic partners.

Researchers from University of Wisconsin-Eau Claire also found that in a test group of 400 adults, if there were feelings of attraction expressed from only one member of the friendship, it was most often from the man.

Associate professor of psychology and lead author of the study, April Bleske-Rechek believes that because platonic inter-sex relationships are a relatively new concept in the history of human evolution, men are still controlled by their mating instincts.

The participants in the study, which was split into two parts, ranged in age between 18-52 and the findings were reported in the Journal of Social and Personal Relationships.

The first experiment split 88 pairs of friends up into different rooms and without asking anyone to identify themselves proposed a series of questions.

This exercise aimed to glean information about the individuals' attraction to their companions, desire to go on a romantic date and perception of whether their friends were interested in them romantically.

The results showed that men more frequently admitted attraction to their female friends while also overestimating their friend's romantic feelings towards them.

Women on the other hand were less likely to fancy their friends or assume that the males had those kinds of feelings for them.

It's hard out there for a hunk!

ZOMG! New Euro Crisis as French Vote For Return of Ruinous Spending

You gotta love this cover shot from tomorrow's hard-copy at London's Daily Mail, via Twitter:

And here's Daily Mail's report online, "Au revoir President Bling Bling! Sarkozy concedes defeat as Hollande becomes new leader of France."

PREVIOUSLY: "Socialist François Hollande Wins French Presidential Election."

And lots more at Memeorandum.

And check the exuberant coverage at The Guardian, "French president François Hollande promises 'a new start' for Europe," and "French election: Nicolas Sarkozy v François Hollande – live updates and results."

Socialist François Hollande Wins French Presidential Election

See the live blog Telegraph UK, "Hollande defeats Sarkozy to win French presidential election."

And at Los Angeles Times, "Hollande wins French presidential race: Victory could change how Europe tackles debt crisis":

PARIS -- Socialist Francois Hollande was elected president of France on Sunday, defeating conservative incumbent Nicolas Sarkozy in a race that focused heavily on the country's economic woes.

Sarkozy conceded defeat shortly after the polls closed, wishing Hollande "good luck" as the nation's new leader. The results made Sarzoky the first French president in more than three decades to lose a reelection bid.

Partial official results, with about half of the nationwide votes counted, showed Hollande with 50.8% compared with 49.2% for for Sarkozy, the Associated Press said.

Hollande’s victory could also raise further questions about Europe’s economic future, including France’s commitment to reining in its spending while the rest of the 17 countries that use the euro embark on a strict period of belt-tightening. It also throws into doubt the German-French partnership that has led the eurozone's response to its financial problems and was built on the personal relationship between Sarkozy and German Chancellor Angela Merkel.

Hollande, 57, had been the front-runner in the opinion polls from the beginning of the campaign and scored higher than Sarkozy in the first-round vote two weeks ago. It was the first time an incumbent president had lost the first ballot, in which a total of 10 candidates stood.

In the run-up to Sunday's final vote, however, the gap between the two men closed from 10 percentage points to just 4, suggesting a last-minute surge of support for Sarkozy, who surveys showed was the most unpopular president ever to run for reelection.

To the very end, Sarkozy, 56, was convinced that despite the devastating opinion polls showing him trailing badly he would snatch victory from the jaws of his predicted defeat.

Also at Der Spiegel, "Voters Say 'Au Revoir' to Sarkozy: Socialist Hollande to Become Next French President."

Plus, recall the comments from Sultan Knish, "Niggas in Paris."

And more video at Agence France-Presse, here.

I'm not so pessimistic on French life chances following the vote. The socialists will just continue to do what France has been doing for decades --- consolidate state power over the individual. The most important implication will be for the EU as a whole. The common European project is in tatters and could very well fall apart if Hollande adopts a nationalist agenda vis-a-vis the EU. That in turn depends on how Germany reacts to the election. It's a Franco-German condominium that holds up the entire European edifice. If Berlin moves to promote more austerity, for the French as well as the EU all together, we can see expect even more strains on political and monetary union going forward. I'm not so bullish on the EU continuing forward much longer in its current state. There may be some changes, cutting off some of the more peripheral partners for example to save the core members of the union.

I'll have updates with reactions from around the Internet, so check back...

UPDATE: More at Wall Street Journal and Memeorandum.

And at the New York Times, "France Selects Hollande as President."

MORE: Don't miss this post: "ZOMG! New Euro Crisis as French Vote For Return of Ruinous Spending."

Plus, linked at Atlas Shrugs and Instapundit. Thanks!

Also linked at Fausta's Blog: "France: Hollande in, Ferraris out." Thanks!

Vice President Joe Biden 'Comfortable' With Gay Marriage

Hmm, "comfortable" probably isn't the adjective I'd use. It offers a bit of familiarity with same-sex relations that I don't possess. But hey, Biden's a Democrat, NTTAWWT!!

At the New York Times:

And hey, the progs are all over this, at Think Progress, example, via Memeorandum.

And whoops!

Looks like old Joe "Comfortable" Biden spoke too soon. "VP Joe Biden comes out for marriage equality on Meet the Press; yanked back by Axelrod." Well, I guess old Baracky's not down with the gay radical bung hole jockeys getting hitched. What a pussy!

I'll Have Another Wins Kentucky Derby in Spectacular Come-From-Behind Upset

At the Kentucky Post, "I'll Have Another wins Kentucky Derby."

And at the Los Angeles Times, "I'll Have Another comes from behind to win Kentucky Derby":

LOUISVILLE, Ky. —— A horse few believed in. A jockey with little big-time experience. A very accomplished trainer who had never won a Triple Crown race.

All that's changed is I'll Have Another shocked an incredibly competitive field to win the 138th running of the Kentucky Derby.

On a day when speed was holding up, the Southern California-based horse blew past a tiring Bodemeister in deep stretch to win by 11/2 lengths. It was the third time jockey Mario Gutierrez, 25, has ridden the colt, having previously won the Robert B. Lewis and Santa Anita Derby. It was also the first time a horse has ever won from the 19 post.

A year ago, Mario Gutierrez was the leading rider at Hastings Race Track in Vancouver, Canada, and watched the Kentucky Derby in the jockey's room.

"All jockeys dream they will one day be in the Kentucky Derby," Gutierrez said. "I wasn't thinking it would be the next year."

Not to understate Gutierrez's major race experience, but I'll Have Another's owner, Paul Reddam, put it this way.

"That was the second time Mario rode on the dirt at Churchill Downs and the first time was earlier today," Reddam said. "So we got him the experience he needed."

I'll Have Another was a bargain buy for Reddam. Assistant trainer Dennis O'Neill bought the horse for Reddam for $35,000 and, of course, he was in brother Doug's barn.

But first there was the naming thing. Conventional wisdom would indicate this is a tribute to drinking, but in fact, Reddam has said that his wife is always baking chocolate chip cookies, and when she asks, he says, "I'll have another."

Reddam was quite reserved compared with his trainer, Doug O'Neill, who was whooping and hollering like, well, he'd just won the Kentucky Derby.

"Southern California, baby," O'Neill said. "We're going to Maryland."

O'Neill says he will probably keep I'll Have Another at Churchill Downs and then van him to Maryland for the Preakness in two weeks.

"It's incredible," O'Neill said. "When you tell people you're in the horse racing game, they ask you if you've ever won a Kentucky Derby. Now I can say, 'Yes, I have.'"

Secular Ideologies and the New Intolerance

A phenomenal essay, from Melanie Phillips, at Standpoint, "The New Intolerance."

Four Years Later, America is Not Better Off

Not better off with the Obamunists.

PREVIOUSLY: "Obama Kicks-Off Re-Election Campaign, Attacks Mitt Romney."

UN Special Rapporteur on Rights of Indigenous Peoples: U.S. Must Return Native American Lands

This "special rapporteur" is James Anaya, an extreme radical leftist and professor of human rights law at the University of Arizona.

His UN report is nothing short of a total condemnation of the United States as a racist, imperial oppressor state --- which is exactly what you'd expect from some academic cornball like this. Not a single member of Congress would meet with him during his two week tour of the Native American tribal reservations.

London's Daily Mail has a report, "Could the U.S. give up Mount Rushmore? Iconic site is on list of 'sacred land' UN says must be returned to Native Americans."

The Implosion of the French Right

See David Bell, at The New Republic, "Midnight in Paris."

In the first round of voting on April 22, Sarkozy finished second—the first time a sitting president has done so in the history of the Fifth Republic. In a bid to recover, he has made a cynical attempt to win over the first-round supporters of the National Front’s Marine Le Pen (while formally opposing an actual pact with the party), despite the Front’s deep hostility toward immigrant communities and the European Union, and the fact that its founder (her father, Jean-Marie) had a well-deserved reputation for racism and anti-Semitism. Le Pen is “compatible with the Republic,” he stated soon after the initial voting. Sarkozy’s stunning acknowledgment of Le Pen’s legitimacy can only help her cause: In the days after the first round, nearly two-thirds of Sarkozy voters told pollsters they favored an electoral pact with her party in the legislative elections that will follow soon after the presidential campaign. Le Pen herself clearly wants Sarkozy to lose, declaring that she will cast a blank ballot in the second round. She has called the UMP no different from the Socialists, and, indeed, her nationalist stance offers a starker alternative to the two major parties than they do to each other. Can this alternative achieve major party status? Having helped to dissolve the traditional French right while failing to replace it with a coherent or popular ideology of his own, it now appears possible that Nicolas Sarkozy’s principal legacy will be the rise of Marine Le Pen.

More on Le Pen at Telegraph UK, "French election: Brachay, the village that holds the clues to Marine Le Pen's success."

And see Reuters, "Voting starts in France, Sarkozy headed for defeat."

Russia Considers Preemptive Strike Against U.S.-Led Missile System in Europe

Our national security's in the very best of hands.

In March, President Obama told Russian President Dmitry Medvedev that "after my election I have more flexibility."

Well here comes the news that Moscow couldn't care less.

At the Los Angeles Times, "Russia says preemptive strike on NATO missile system is possible":

MOSCOW — Russia may consider a preemptive strike on a missile defense system in Europe if the U.S.-led NATO project continues as planned, a top official said Thursday.

Russian Chief of General Staff Nikolai Makarov, in a sign of the tension between Russia and the United States over the missile defense plans, said during an international conference that a strike by his country might be possible.

"A decision to use destructive force preemptively will be taken if the situation worsens," Makarov said.

Makarov's remark followed a statement by Russian Defense Minister Anatoly Serdyukov, who said Russian and U.S. consultations on the subject were "close to a dead end."

"This will mean that the U.S.A. and NATO intend to develop the ABM [anti-ballistic missile] system without taking Russia's concerns into consideration," Serdyukov said. "Now our countries are faced with a dilemma: We will either pass a cooperation test and jointly react to new missile challenges and threats or will be obligated to take up military-technical measures given the realization of anti-missile plans."

Well, no doubt they're just rattling sabers for domestic consumption.

Nothing to worry about at all. Move along now. Nothing to see here.

Obama Kicks-Off Re-Election Campaign, Attacks Mitt Romney

It's all about blaming the GOP for the economy and personally attacking the presumptive Republican nominee. It's going to be a long summer, sheesh.

At ABC News, "President Obama Hits Romney Directly at First Re-election Rally." And The Hill, "The gloves come off as Obama launches reelection campaign."

And at CNN, "Obama outlines case for re-election at first official campaign rally" (via Memeorandum):

Chen Guangcheng and the Crisis of U.S.-China Relations

From the Wall Street Journal, "Mistakes and Mixed Signals As China Drama Unfolded" (via Google):

Chen Guangcheng, the blind Chinese legal activist, arrived smiling at Chaoyang Hospital, a sprawling redbrick complex, on Wednesday afternoon. It was supposed to be a triumphant resolution to the diplomatic crisis that started six days earlier when Mr. Chen sought protection in the U.S. embassy, a precursor to a new life studying law in China.

U.S. Ambassador Gary Locke stayed for 90 minutes and met with Mr. Chen's wife and children, who had sped to Beijing on a high-speed train.

Then, as darkness fell, a growing number of police arrived at the ninth-floor corridor. They took video of visiting journalists before jostling them into elevators. At 6:30 p.m., hospital staff asked the remaining U.S. officials to leave. They said visiting hours were over.

Suddenly, the people who had protected Mr. Chen were gone.

That development helped send the activist into a panic, precipitating a crisis that derailed the agreement, prompted days of confusion and recrimination, and cast a pall over U.S.-Chinese relations.

Around 9 p.m., Mr. Chen told a friend by phone the hospital had given the family nothing to eat. Others phoned and one friend urged him to reject the deal. Mr. Chen told callers he had been coerced to leave the embassy and was worried for his family's safety. He tried calling two embassy officials around 10 p.m. Neither answered.

The Chen saga, based on interviews with government officials, activists and others in the negotiations, began with the promise that American relations with China had entered a new, mature phase. It ended demonstrating how much distance and suspicion remain between the two powers.

Friday, both sides appeared close to a fresh deal that would bring Mr. Chen and his family to the U.S., probably to study law at New York University. With final details not yet signed, U.S. officials said they were confident the deal would work out. Some analysts saw the quick agreement as a sign the bilateral relationship was resilient. The damage, however, especially from that Wednesday night at the hospital, had already been done.

U.S. officials, in their rush to complete negotiations Wednesday before a separate set of high-level U.S.-China talks was set to begin, appeared to have misjudged Mr. Chen's fragile emotional condition.

The self-taught activist had spent four years in jail—on trumped-up charges, critics say—and 19 more months in home detention, where he says he endured periodic beatings, before his dramatic dash to the embassy.

The days were filled with missed calls and dropped connections that might have changed the trajectory of events.

It's also possible the U.S., in negotiating with China's foreign ministry, overlooked the country's competing power centers jockeying for position. The foreign ministry has traditionally carried little clout in the Chinese power structure, and analysts say the fate of Mr. Chen was almost certainly decided by top Communist Party leaders. Mr. Chen seemed worried mostly about his fate at the hands of China's security services and provincial officials.

U.S. officials, for their part, felt Mr. Chen turned on them after hours of negotiations, one calling him "self absorbed." Mr. Locke, the U.S. ambassador, complained about the activist's change of heart, according to a senior administration official who spoke with him. Mr. Locke "feels like the guy is unfairly attacking the U.S.," the official said.

Mr. Chen rose to prominence in activist circles as a critic of forced abortions and sterilizations in his home province under China's one-child policy. His campaign led to the firing of local officials and brought about his run-in with authorities.

There's more at that top link.

And see this must-read report from Walter Russell Mead, "China Syndrome":

The Chen case encapsulates the struggle between the two wings of the Chinese establishment. Chen has been persecuted by brutal and unaccountable local officials; in the past, his activism has led the central government to punish local officials who violated written Chinese law in their sterilization and abortion efforts.

By threatening Chen and family, the hardliners are using their strengths — a network of officials, security types and powerful economic interests — to demonstrate that the modernizers are not really in charge of things in China and can’t speak for the country. They control the ground, they are saying, the real life of the country. The modernizers are up in the clouds somewhere. Chen, they have pointed out to the activist and his family, will have to live on the ground; he can’t stay up in the clouds forever.

Chen, with an 80 year old widowed mother being beaten by security forces and watched by guards wherever she goes, and with a wife and children exposed to their power, knows that the stakes in this case are so high for China’s local fiefs and Party hacks that they will do literally anything to him and his family to make their point. He knows very well how unscrupulous they are; they have apparently convinced him that the central government cannot or will not protect him.

Chen is an extremely intelligent man and his dedication and courage are genuinely awe inspiring. But he has not spent much time at the center of high profile international negotiations. A life of uncertainty and restraint punctuated by beatings was followed by an escape in which, among other things, this blind man wandered over unfamiliar land, falling, he says, more than 200 times. From there he fell into the center of a high profile diplomatic maelstrom in which some of the world’s most experienced negotiators were handling his case. One suspects things moved faster than he was ready to handle — he is a man accustomed to lots of time to reflect. Life in prison moves slowly; in the boondocks people have time to think about their big life decisions. You do things slowly and reflectively.

In the US embassy in Beijing, Chen was a fish out of water. He was with people he didn’t know well; there are large cultural gaps — and no time to work them out slowly. Since then, he appears to have had some severe shocks, and it is deep, sincere and well grounded fear that now moves him to speak as he does.

The hardliners took some heavy blows after Wang Lijun entered the American consulate in Chengdu. They are out for revenge now after Chen’s arrival in our embassy in Beijing. The next few days will tell us whether they will succeed.

North Carolina's Gay Marriage Amendment Could Have Implications for November

Nate Silver reports that Amendment 1 is likely to pass on Tuesday, "North Carolina’s Ban on Gay Marriage Appears Likely to Pass" (via Memeorandum).

And here's this, from the Los Angeles Times, "Marriage amendment vote puts national focus on North Carolina":

The battle over the measure has turned North Carolina into a national political flash point. Opponents say the amendment is so broadly worded that it would discriminate not only against gays, but also unmarried heterosexual couples.

The outcome could offer an early hint of the state's leanings in November's presidential election: North Carolina, home to the 2012 Democratic National Convention, is an important swing state.

The debate has been fierce. Pro- and anti-amendment activists have held rallies to vie for voters. Ministers have strived to influence their congregants. Lawn signs have been stolen and defaced. And the state NAACP has accused proponents of trying to divide gays and blacks.

Opponents of the amendment have raised $2.2 million, and proponents $1.2 million, mostly for TV and radio ads; a third of the money has come from out of state.

The Rev. Billy Graham has weighed in, preparing a full-page ad expected to appear in newspapers over the weekend. In it, he urges fellow Tar Heels to vote for the amendment, saying: "At 93, I never thought we would have to debate the definition of marriage.''

President Obama has called the Republican-backed Defense of Marriage Amendment divisive, saying it would discriminate against gays.

"It's a hot issue — you hear people talking about it everywhere," said amendment supporter Ray McEntee. He was manning a booth outside a Pittsboro polling place next to a sign that read: "One Man. One Woman."

Early voting started April 19, with turnout running about 30% higher than in the primary four years ago and with especially large numbers of young people voting.

"It's almost entirely driven by interest in the amendment," said David McLennan, a political science professor at William Peace University in Raleigh. He predicts turnout will reach 40% to 45%, unusually high for a primary.

Like amendments in Michigan, Idaho and South Carolina, North Carolina's act would severely limit protections for same-sex and heterosexual unmarried couples, said Maxine Eichner, a family law professor at the University of North Carolina in Chapel Hill.

The measure would threaten domestic partnership health benefits for local government workers and strip unmarried couples of their rights to make decisions for an incapacitated partner, Eichner said.

Supporters of Amendment 1 say unmarried couples would be protected by language that permits private contracts and court actions "pursuant to such contracts.''

It's a tough amendment, but again, conservatives need to stand their ground against the forces of nihilist progressivism. See: "North Carolina Amendment One Same-Sex Marriage."

Fans Boo Albert Pujols in Angels Loss to Blue Jays, 4-0

Like everybody else, I was getting caught up in the pre-season hype. But the Angels are stuck in a downward spiral and their new star slugger is batting .194 with no home runs in 27 games.

Bummer.

See the Los Angeles Times, "It's Albert Boo-jols in Angels' loss to Blue Jays":

The boos in Angel Stadium could be heard clearly after his sixth-inning strikeout Friday night, and they grew even louder and longer after he grounded out to third base in the bottom of the ninth.

The Angels were shut out for the second consecutive game and sixth time this season in a 4-0 loss to the Toronto Blue Jays, and the man who was supposed to prevent these kinds of droughts bore the wrath of the hometown fans.

Albert Pujols was hitless in four at-bats, his average falling to .194, and he has now gone 108 at-bats in 27 games this season without a home run, the longest power outage of his career.

Pujols has a clause in his 10-year, $240-million contract that pays him $7 million if he breaks Barry Bonds' all-time record of 762 homers. At this rate, Angels owner Arte Moreno might fork over an extra $1 million if Pujols would just hit one.

Pujols has sunk to such depths that Manager Mike Scioscia will probably give him a game off Saturday night to clear his head. "We've talked about it," Scioscia said. The patience of Angels fans has clearly waned, as their booing of Pujols showed.

"It's part of the big league package, I understand that and accept it," Pujols said. "I'd boo myself, too. But by the end of 10 years, trust me, there will be more cheers than boos."

Scioscia claimed he "didn't hear" the boos but doubts they'll rattle Pujols.

"Albert understands what this is about, he understands the expectations," Scioscia said. "I don't think he's going to be derailed by the situation."

Didn't hear 'em? He heard 'em.

Pujols is under pressure. The Angels have been waiting 10 years for another World Series championship and folks thought Pujols was the ticket.

Man, what a brutal crash and burn. Here's hoping the team can turn things around and soon. Time's a wastin'.

See also: "Angels, and Albert Pujols, aren't getting bang for the bucks."

'Social Justice Organizer' Jehmu Greene Calls Tucker Carlson a 'Bow-Tying White Boy'

As I always say, the real racism is on the left.

Glenn Reynolds has the story here and here.

Jehmu Greene's background here.

And now Megyn Kelly has apologized to Tucker Carlson. See Twitchy, "Jehmu Greene refers to Tucker Carlson as ‘bow-tying white boy’."

April Jobs Report: The Labor Participation Rate Is Back Where It Was in December 1981

More on the labor market picture, from the Wall Street Journal, "The Vanishing Workers":

The economy turned in another lackluster month for job creation in April, with 115,000 net new jobs, 130,000 in private business (less 15,000 fewer in government). The unemployment rate fell a tick to 8.1%, albeit mainly because the labor force shrank by 342,000. This relates to what is arguably the most troubling trend in the April jobs report, which is the continuing decline in the share of working-age Americans who are in the labor force.

The civilian labor participation rate, as it's known, fell again in April to 63.6%. That's the second decline in a row and the lowest rate since December 1981. That's right—more than 30 years ago, longer than Mark Zuckerberg has been alive. The nearby chart shows the disturbing round trip the workforce participation rate has taken since 1980 and the precipitous drop in the last three years.

This decline is highly unusual coming out of a recession. Normally as hiring picks up, more Americans see more job opportunities and jump back into the labor force. That's what happened after the sharp recession of 1981-82, when the participation rate last hit 63.6%.

It rose smartly through the boom of the 1980s to a peak of 66.8% in January 1990. The rate dipped to 66% in the mild 1991 recession, but then rose again through the 1990s to a modern peak of 67.3% in January 2000 at the top of the dot-com bubble.

The last decade has never reached the same heights, though the participation rate did rise back to 66.4% in late 2006 and early 2007. The rate fell to 65.7% in July 2009 when the last recession officially ended, yet the distressing fact is that it has kept falling over the course of the next 33 months of ostensible economic recovery.

The trend deserves deeper economic study, though we can offer a few of the likelier explanations. One may be demographic as the baby boom generation gets closer to retirement age. Economist David Malpass notes that Americans age 55 and older are a rapidly rising share of the working-age population, a trend that has historically meant a lower overall labor participation rate....

The tragedy of the Obama Administration is that it put the political pursuit of its social welfare agenda above policies to nurture a strong, durable economic expansion. Americans are paying for that mistake in less work and less reward for the work they get. The priority of the next Administration must be to reverse the decline.

And that ought to be a Romney administration, frankly. This president cannot make the case for his economic policies so he continues to issue bizarre and Orwellian campaign slogans and imaginary government dependency robots.

If Obama wins, it won't because the left has been decent or honest --- and because certainly the right will have been much too decent, like in 2008, when McCain refused to attack Obama for the statist that he is.

See also, James Pethokoukis, "The awful April jobs report: Is the ‘real’ unemployment rate 11.1%?"

PREVIOUSLY: "Romney Slams Obama Over Disastrous April Jobs Report."

'Avengers' Unleashed on World Box Office

Well, the film opened yesterday in the U.S., but this is pretty interesting.

At the Los Angeles Times, "'Avengers' conquer world box office as U.S. audiences wait":

With a quarter of a billion dollars already in its pocket from a week of ticket sales, the Marvel superhero mash-up"The Avengers"is poised to join Hollywood's most elite club — the brotherhood of billion-dollar box office movies.

Unlike its cousins, though, "The Avengers" took a different path to the clubhouse. It opened first overseas, with splashy red-carpet premieres in Rome, Beijing, London and Moscow, where audiences have embraced the special-effects-driven action and adventure film.

By opening early abroad, movies like the Disney release "The Avengers" build box office momentum from their most avid audiences — foreign moviegoers who love spectacular action sequences on the big screen.

American movies, always popular internationally, today earn far more money abroad than at home — up to 70% of their overall take, and rising. Between 2007 and 2011, ticket sales overseas grew 35%, while domestic grosses increased only 6%.

Five years ago, an overseas-first debut would have been unthinkable. Movies always debuted on the same date around the world, or first in the U.S. But now, studios with certain movies are putting foreign theaters first and making U.S. audiences wait.

For "The Avengers," which opens here this weekend, the gambit is working. The film, whose A-list stars include Robert Downey Jr.and Scarlett Johansson, centers around an international peace-keeping crew of Iron Man, the Incredible Hulk, Thor, Captain America, Hawkeye and Black Widow. It had a 93% fresh rating from the online review aggregate Rotten Tomatoes.

"The fact that it has done so well overseas has everyone already speculating over just how successful it's going to be," said Peter Adee, who has worked in marketing and distribution at Relativity Media, Metro-Goldwyn-Mayer and Universal. "The question 'Is it going to be successful?' is gone from the conversation before it even debuts in the U.S."

The movie is projected to open in the U.S. and Canada to at least $150 million in ticket sales — among the top five biggest openings of all time. (The top dog is "Harry Potter and the Deathly Hallows Part 2," with its $169.2-million debut.)

Video c/o Maggie's Farm.

Romney Slams Obama Over Disastrous April Jobs Report

The Lonely Conservative has the dismal jobs numbers, "Obama Shrugs Off Miserable Economic News, Focuses on Phony Unemployment Rate."

And see Doug Ross, "Welcome Back, Carter: Labor Force Participation Rate Lowest Since '81." (Via Memeorandum.)

Plus, at the San Francisco Chronicle, "Romney Raises Bar on What Constitutes Good Unemployment Rate":

Mitt Romney raised the bar for what comprises an unemployment rate worth celebrating as he used the latest jobs figures to criticize President Barack Obama's management of the economy while campaigning in Pennsylvania.

"Anything over four percent is not cause for celebration," the presumptive Republican presidential nominee said inside a warehouse of a specialized cement and corrosion- resistant materials manufacturer in Pittsburgh.

"I'm going to get America working again," Romney told supporters. "I'm going to get America strong again."

The former Massachusetts governor called it a "sad time in America for people who want work and can't find jobs."

Employers in the U.S. added fewer workers than forecast in April while the jobless rate declined as people left the labor force, underscoring concern that the recovery by the world's largest economy may be losing speed.

Payrolls climbed 115,000, the smallest gain in six months, after a revised 154,000 rise in March that was greater than initially estimated, according to Labor Department figures released today in Washington. The median estimate of 85 economists surveyed by Bloomberg News called for a 160,000 advance.

Unemployment

The jobless rate fell to a three-year low of 8.1 percent, from 8.2 percent in March.

While the jobless rate has declined since its peak during Obama's term of 10 percent in October 2009, the drop has been slow and halting. It was stuck at about 9 percent through the first three quarters of last year.

BONUS: From Doctor Zero, at Human Events, "Welcome to Part-Time America."

Bar Refaeli Nude Underwear Advertisement

At The Sun UK, "Bar Refaeli takes a cheeky new approach to promoting underwear – stripping stark naked."

BONUS: At Zion's Trumpet, "Friday’s Pretty Women…"

Fauxcahontas at Harvard Lore School

It looks like "Fauxcahontas" is the new nickname for the shameless fake minority Democrat Elizabeth Warren.

Michael Graham has the moniker at his Boston Herald piece, "See the pale-faced Warren redden: Dances with truths about her ethnicity."

And see Mark Steyn, at the O.C. Register, "Fauxcahontas and the melting pot":

Have you dated a composite woman? They're America's hottest new demographic. As with all the really cool stuff, Barack Obama was doing it years before the rest of us. In "Dreams from My Father," the world's all-time most-unread bestseller, he spills the inside dope on his composite white girlfriend:

"When we got back to the car she started crying. She couldn't be black, she said. She would if she could, but she couldn't. She could only be herself, and wasn't that enough..."

But being yourself is never going to be enough in the new composite America. Last week, in an election campaign ad, Barack revealed his latest composite girlfriend – "Julia." She's worse than the old New York girlfriend. She can't even be herself. In fact, she can't be anything without massive assistance from Barack every step of the way, from his "Head Start" program at age 3 through to his Social Security benefits at the age of 67. Everything good in her life she owes to him. When she writes her memoir, it will be thanks to a subvention from the Federal Publishing Assistance Program for Chronically Dependent Women but you'll love it: Sweet Dreams From My Sugar Daddy. She's what the lawyers would call "non composite mentis." She's not competent to do a single thing for herself – and, from Barack's point of view, that's exactly what he's looking for in a woman, if only for a one-night stand on a Tuesday in early November.

Then there's "Elizabeth," a 62-year-old Democratic Senate candidate from Massachusetts. Like Barack's white girlfriend, she couldn't be black. She would if she could, but she couldn't. But she could be a composite – a white woman and an Indian woman, all mixed up in one! Not Indian in the sense of Ashton Kutcher putting on brownface makeup and a fake-Indian accent in his amusing new commercial for the hip lo-fat snack Popchips. But Indian in the sense of checking the "Are you Native American?" box on the Association of American Law Schools form, which Elizabeth Warren did for much of her adult life. According to her, she's part Cherokee and part Delaware. Not in the Joe Biden sense, I hasten to add, but Delaware in the sense of the Indian tribe named in honor of the home state of Big F—kin' Chief Dances With Plugs.

How does she know she's a Cherokee maiden? Well, she cites her grandfather's "high cheekbones," and says the Indian stuff is part of her family "lore." Which was evidently good enough for Harvard Lore School when they were looking to rack up a few affirmative-action credits. The former Obama Special Advisor to the Consumer Financial Protection Bureau and former Chairperson of the Congressional Oversight Panel now says that "I listed myself in the directory in the hopes that it might mean that I would be invited to a luncheon, a group, something that might happen with people who are like I am," and certainly not for personal career advancement or anything like that. Like everyone else, she was shocked, shocked to discover that, as The Boston Herald reported, "Harvard Law School officials listed Warren as Native American in the '90s, when the school was under fierce fire for their faculty's lack of diversity."

So did the University of Texas, and the University of Pennsylvania. With the impertinent jackanapes of the press querying the bona fides of Harvard Lore School's first Native American female professor, the Warren campaign got to work and eventually turned up a great-great-great-grandmother designated as Cherokee in the online transcription of a marriage application of 1894.

Hallelujah! In the old racist America, we had quadroons and octoroons. But in the new post-racial America, we have – hang on, let me get out my calculator – duoettrigintaroons! Martin Luther King dreamed of a day when men would be judged not on the color of their skin but on the content of their great-great-great-grandmother's wedding license application. And now it's here! You can read all about it in Elizabeth Warren's memoir of her struggles to come to terms with her racial identity, Dreams From My Great-Great-Great-Grandmother.

That is too much!

See also Hillary Chabot, at Boston Herald, "Harvard won’t say if Liz Warren listed as minority." (Via Memeorandum.)

Michelle Malkin Destroys Juan Williams in #OWS Debate on Hannity's

Man, this is just brutal, via Jim Hoft.

Michelle tears into Williams when he invokes the tea party as a comparison to #Occupy.

Meet Julia: The Big-Government Dependency Robot and Dream Woman of Leftist Ideology

This story was burning up Twitter earlier. And see Twitchy here and here.

The Photoshop via Washington Free Beacon.

David Harsanyi nails it, "Who the hell is "Julia," and why am I paying for her whole life?":

In the new Barack Obama campaign piece The Life of Julia, voters can "Take a look at how President Obama's policies help one woman over her lifetime -- and how Mitt Romney would change her story." It is one of the most brazenly statist pieces of campaign literature I can ever remember seeing.

Let's, for the purposes of this post, set aside the misleading generalizations regarding policy in the ad (no one is innocent on that account, obviously). What we are left with is a celebration of a how a woman can live her entire life by leaning on government intervention, dependency and other people's money rather than her own initiative or hard work. It is, I'd say, implicitly un-American, in the sense that it celebrates a mindset we have -- outwardly, at least -- shunned.

It is also a mindset that women should find offensively patronizing. When they're old enough, I hope my two daughters will find the notion that their success hinges on the president's views on college-loan interest rates preposterous. Yet, according to the "Life of Julia," women are helpless without the guiding hand of Barack Obama.

See also Lonely Con, "Julia – From the Cradle to the Grave."

And see Michelle's entry, "Another Obama tall tale: “The Life of Julia”."

BONUS: Don't miss "The Life of Julie: Take a Look at Mitt Romney's Policies Help One Woman Live Her Own Life --- and How President Obama Would Hijack It," an alternative version, at Suitably Flip.

Do You Like Good Music?

Well, that's a lot of blogging for the morning.

Enjoy Arthur Conley until later, "Sweet Soul Music":

Do you like good music
That sweet soul music
Just as long as it's swingin'

Oh yeah, oh yeah
Out here on the floor now
We're going to a go go
Ah dancin to the music
Oh yeah, oh yeah

Spotlight on Lou Rawls y'all
Ah don't he look tall y'all
Singin' loves a hurtin' thing now
Oh yeah, oh yeah

Spotlight on Sam and Dave now
Ah don't they look boss y'all
Singin' hold on I'm comin'
Oh yeah, oh yeah

Spotlight on Wilson Pickett
That wicked picket Pickett
Singin Mustang Sally
Oh yeah, oh yeah

Spotlight on Otis Redding now
Singing fa fa fa fa fa fa fa fa
Fa fa fa fa fa fa fa fa
Oh yeah, oh yeah

Spotlight on James Brown now
He's the king of them all, yeah
He's the king of them all, yeah
Oh yeah, oh yeah...

Chinese Dissident Chen Guangcheng Questions Handling of Case After Leaving American Embassy

Smart diplomacy, or something.

The video c/o Telegraph UK, "Chen Guangcheng leaves US embassy 'after threat to beat his wife to death’."

At the Wall Street Journal, "Activist Challenges U.S. Deal":

Blind Chinese activist Chen Guangcheng left the U.S. Embassy in an unusual deal under which he would stay in China, but within hours Mr. Chen and his allies were questioning the deal's pledge of safety and challenging U.S. handling of the case.

A day of twists began early Wednesday, when U.S. officials said after days of silence that Mr. Chen had been under American protection since last week and had left of his own accord to seek medical treatment. They asserted that under a deal with the Chinese, reached on the eve of high-level talks between U.S. and Chinese officials, authorities would let Mr. Chen and his family settle in an unspecified place in China far from the local authorities in Shandong province whom he fled on April 22.

Photos showed a smiling Mr. Chen holding hands both with Assistant Secretary of State Kurt Campbell outside the embassy and with U.S. Ambassador Gary Locke as he was escorted to a Beijing hospital.

But from the hospital, Mr. Chen gave a different impression. Speaking to several news organizations, the activist, a self-taught lawyer who campaigned against forced abortions, sounded shaken as he asked for new protections.

In an interview with the Associated Press, Mr. Chen said U.S. officials told him Chinese authorities would have sent his family back to his home province if he stayed in the embassy and at one point said his wife would have been beaten to death. He told the AP he feared for his safety and said, "Help my family and me leave safely.''

Well, that doesn't sound so great.

More at the Los Angeles Times, "Pall cast over U.S.-China deal over Chinese dissident."

Edvard Munch's 'The Scream' Goes for $119.9 Million at Auction

Geez, you'd think we were in the middle of an economic boom.

See the New York Times, "‘The Scream’ Is Auctioned for a Record $119.9 Million":

It took 12 nail-biting minutes and five eager bidders for Edvard Munch’s famed 1895 pastel of “The Scream” to sell for $120 million, becoming the world’s most expensive work of art ever to sell at auction.

Bidders could be heard speaking Chinese and English (and, some said, Norwegian), but the mystery winner bid over the phone, through Charles Moffett, Sotheby’s executive vice president and vice chairman of its worldwide Impressionist, modern and contemporary art department. Gasps could be heard as the bidding climbed higher and higher, until there was a pause at $99 million, prompting Tobias Meyer, the evening’s auctioneer, to smile and say, “I have all the time in the world.” When $100 million was bid, the audience began to applaud.

The price eclipsed the previous record, made two years ago at Christie’s in New York when Picasso’s “Nude, Green Leaves and Bust” brought $106.5 million.

Munch made four versions of “The Scream.” Three are now in Norwegian museums; the one that sold on Wednesday, a pastel on board from 1895, was the only one still in private hands. It was sold by Petter Olsen, a Norwegian businessman and shipping heir whose father was a friend, neighbor and patron of the artist.

The image has been reproduced endlessly in popular culture in recent decades, becoming a universal symbol of angst and existential dread and nearly as famous as the Mona Lisa.

See also The Financial Times, "So, what does ‘The Scream’ mean?":

“The Scream” is one of the most disturbing images to come out of the history of modern art. It depicts a moment of psychic calamity, of shattered nerves. Munch intended, when he first created the image in 1893, to record “the modern life of the soul”; and what a fraught, anxiety-ridden vision it was. For decades his distorted vision was regarded as an eccentric by-way of expressionism, laden with Nordic gloom and unnecessary cosmic pessimism.

Yet here we are, the world’s hyper-rich leading art collectors seemingly poised to make “The Scream” one of the most valuable artistic images ever created. A vision from the haunted dusk of the 19th century has found its moment more than 100 years later. Munch has hit the mainstream. We are finally strong enough to stomach his scream. Someone, somewhere in the world is busy planning to pop this icon of human disintegration above the fireplace, at enormous cost. We are, it seems, past the age of water lilies and sunflowers. The swirling chaos and vacant expression evident in Munch’s most famous work has become a touchstone for our troubled times.

Nearly 30 Percent of Jobless Americans Plagued by Long-Term Unemployment — Pew Fiscal Analysis Initiative Finds 3.9 Million Out of Work For at Least a Year

At Los Angeles Times, "Long-term unemployment affects nearly 30% of jobless Americans":

Nearly 30% of jobless Americans have been out of work for at least a year, according to the Pew Fiscal Analysis Initiative report on the first quarter.

The report found that of the 13.3 million unemployed workers in the country, 3.9 million had been jobless for all or most of 2011. That's more people than live in Oregon.

That 29.5% long-term unemployment rate is slightly off the peak reached in the third quarter of last year, when 31.8% of jobless Americans were out of work for a year. But the current rate is still more than triple the 9.5% from the beginning of the recession.

"The longer workers remain unemployed, the more likely they may lose skills and professional contacts, making workforce reentry even more challenging," researchers wrote in the Pew report. "Skill erosion may lead to lower future income for individuals and, for the economy as a whole, lower productivity and lost output."

Older workers were more affected than most, with nearly 44% of former employees older than 55 out of work for longer than a year. Compare that to 21.4% of workers between 20 and 24 in the same boat.

Way to go, Baracky!

PHOTO CREDIT: Doug Ross, "The Obama Depression Series Redux."

The Rise of One World Trade Center

Via Small Dead Animals:

PREVIOUSLY: "1 World Trade Center Will Soon Overtake Empire State Building as New York City's Tallest Building."

#OWS Stages May Day Dud in Bid to Revive Movement

The New York Post points and laughs at Occupy Wall Street, "OWS bums are a big joke: Hard workers enjoy good laugh as May Day skirmishes fizzle":

Occupy Wall Street’s call for May Day mayhem largely fizzled yesterday — but at least provided a good laugh for hardworking people gazing from their office windows at the demonstrators’ antics as cops took a few dozen into custody.

“How can anyone take them seriously? They look like homeless people,” quipped Financial District bartender Kimberly Leo.

“I saw one woman complaining about not having a job, but she had a shirt with the word “nympho” on it,” Leo, 26, said. “These people need a change of wardrobe and a shower.”

The daylong demonstrations featured several thousand protesters doing little more than snarling traffic in sporadic gatherings around the city.

More than 50 of them had been arrested by last night after a handful of clashes with the police armies that flooded the streets.
The biggest flare-up came at around 2 p.m., when 100 protesters with black bandanas over their faces sprinted north from Sara Roosevelt Park on the Lower East Side while knocking over trash cans and banging on cars.

They had a giant sign that read, “F--k the police.”

Elliot Epstein, 19, allegedly bit NYPD Chief Thomas Galati during a scrum on Sixth Avenue and Waverly Place in Greenwich Village.

“[He] fled from an arresting officer, knocked over a scooter cop, and fought with a lieutenant who tried to stop the perp,” a police source said.

After biting Galati, he “then began spitting on Chief Galati and the lieutenant,” the source said. He was hit with a slew of charges including assaulting a police officer.

Another round of dust-ups occurred around 8 p.m. when hundreds of protesters marching south on Broadway were kept from turning onto Wall Street.

One protest leader hopped onto the barricades, and just inches from the cops, shouted, “This is what it looks like to live in a police state!”

Nearby, a demented demonstrator kicked out the driver-side rear window of a police car.

And many who attended the group’s “General Assembly,’’ which drew nearly a thousand people to the area near the Vietnam Veterans Memorial on Water Street, initially refused to leave at the 10 p.m. curfew. At least six were arrested after cops had to force them to disperse.

The OWS gatherings started at around 8 a.m. in Midtown, where Rich Rollison marched with his daughter, Jude, 9, whom he plucked out of her West Village school.

“I hope that the 1 percent pays their taxes,” said a smiling Jude.

'Nuthin' But a 'G' Thang' — Los Angeles Riots Boost Gangsta Rap

I don't know.

I think hardcore rap music became hip after I'd reached my prime as a music listener. And I'm not convinced rap's had all that positive a social influence, frankly. That said, I'm listening to it more today than ever, since my boys like hip hop.

See the Los Angeles Times, "Rhythm of the Street: Gangsta Rap Was a Ready-Made Soundtrack, and Its Words Grew Stronger Afterward":

The L.A. riots of 1992 arrived with its soundtrack in place. Sanctioned police brutality, a grim job market, gang life, a decimated school system, the toll of crack on poor neighborhoods and racial tensions were all being documented by West Coast rappers long before Rodney King's beating by Los Angeles Police Department officers was documented on tape. Inner-city kids were infusing hip-hop — a genre that arose out of the Bronx in the last '70s — with hard-core, L.A.-centric rhymes about gangs and the crack-addled neighborhoods around them.

"Even before the riots … voices in L.A. hip-hop were foretelling what was to come," said director John Singleton, whose 1991 film "Boyz n the Hood" was one of the first empathetic looks at South L.A. life for many Americans. "So many people who didn't grow up black and poor couldn't understand why it happened. You can live in a different part of L.A. and never understand that frustration. But if you listen to 'F— tha Police,' you hear where they're coming from."

The riots gave marginalized music from the hood a global stage and sudden mainstream legitimacy. The music born of the very conditions that precipitated the riots now transcended South L.A., and major labels began signing and promoting West Coast artists like Snoop Dogg and Tupac Shakur. For better or for worse, the Southland style that became known as gangsta rap changed the trajectory of pop music by becoming the '90s definition of cool.

For suburban fans who'd been consuming N.W.A's music as a race-music expression of white teenage angst, the televised revolution in L.A. made it clear that the lyrics weren't just outlandish fiction set to hard beats. They were rooted in bitter truths, a hard reality that L.A. was a two-tier city with gross inequities in both wealth and possibility.

One, two, three and to the fo'
Snoop Doggy Dogg and Dr. Dre are at the do'
Ready to make an entrance, so back on up
(Cause you know we 'bout had to rip shit up)
Gimme the microphone first, so I can bust like a bubble
Compton and Long Beach together, now you know you in trouble
Ain't nothin' but a G thang, baaaaabay!
Two loc'ed out G's so we're craaaaazay!
Death Row is the label that paaaaays me!
Unfadable, so please don't try to fade this (Hell yeah)
But, uh, back to the lecture at hand
Perfection is perfected, so I'm 'a let 'em understand
From a young G's perspective
And before me dig out a bitch I have ta' find a contraceptive
You never know she could be earnin' her man,
And learnin' her man, and at the same time burnin' her man
Now you know I ain't wit that shit, Lieutenant
Ain't no pussy good enough to get burnt while I'm up in it
(yeah) Now that's realer than real-deal Holyfield
And now all you hookas and ho's know how I feel
Well if it's good enough to get broke off a proper chunk
I'll take a small piece of some of that funky stuff

[Hook: Snoop Doggy Dogg]

It's like this and like that and like this and uh
It's like that and like this and like that and uh
It's like this and like that and like this and uh
Dre, creep to the mic like a phantom...

Katie Pavlich Discusses Obama's Bloodiest Scandal

An interview with Glenn Reynolds:

And the book is here: Fast and Furious: Barack Obama's Bloodiest Scandal and the Shameless Cover-Up.