He never seems to be aware of the illegal. raciest, anti-American actions of the people around him! Is this O.K. , too? Along with the actions and attitudes of all the other negative people he "unknowlingly "spent his past with? How is it WE know what these people stand for but he never does?
CHICAGO – Democratic presidential candidate Barack Obama said Saturday he didn't know that one of his relatives was living in the United States illegally and believes the appropriate laws should be followed. The Associated Press found that Obama's aunt had been instructed to leave the country four years ago by an immigration judge who rejected her request for asylum from her native Kenya. The woman, Zeituni Onyango (zay-TUHN on-YANG-oh), is living in public housing in Boston and is the half-sister of Obama's late father. A statement given to the AP by Obama's campaign said, "Senator Obama has no knowledge of her status but obviously believes that any and all appropriate laws be followed." Onyango is part of Obama's large paternal family, with many related to him by blood whom he barely knows. Obama first met Onyango when he traveled to Africa as an adult — he referred to her as "Auntie Zeituni" in his memoir. The campaign said he has seen her a few times since that meeting, beginning with a return trip to Kenya with his wife, Michelle, four years after the first trip. Onyango visited the family in Chicago on a tourist visa at Obama's invitation about nine years ago, the campaign said, stopping to visit friends on the East coast before returning to Kenya. She attended Obama's swearing-in to the U.S. Senate in 2004, but campaign officials said Obama provided no assistance in getting her a tourist visa and doesn't know the details of her stay. The campaign said he last heard from her about two years ago when she called saying she was in Boston, but he did not see her there. Onyango's refusal to leave the country would represent an administrative, noncriminal violation of immigration law, meaning such cases are handled outside the criminal court system. Estimates vary, but many experts believe there are more than 10 million such immigrants in the U.S. According to Federal Election Commission documents filed by the Obama campaign, Onyango has contributed $260 to Obama over a period of time. Under federal election law, only U.S. citizens or green-card holders are legally permitted to give money to campaigns. Onyango, who listed her employer as the Boston Housing Authority, gave in small increments to the Obama campaign. Her latest contribution was $5 on Sept. 19.
Newspaper 'suppressing' Obama link to anti-Israel professor
Jim Brown - OneNewsNow - 10/29/2008 7:15:00 AM
Conservative author and counterterrorism expert Andy McCarthy is criticizing the Los Angeles Times for not releasing a 2003 videotape it obtained of Barack Obama giving a toast to an anti-Israel professor who formerly served as a spokesman for late PLO leader Yasser Arafat.
The LA Times is being accused of "suppressing" a 2003 tape of a farewell gathering in Chicago for then University of Chicago Mideast studies professor Rashid Khalidi, who is a longtime virulent critic of Israel and has justified Palestinian terrorist attacks against the Jewish state. Barack Obama paid a special tribute to Khalidi that night and noted that he and Michelle were frequent dinner companions of the Khalidis.
Former Weather Underground terrorist Bill Ayers and his wife Bernadine Dohrn were also in attendance at the Khalidi bash. While Obama and Ayers served on the board of the left-wing Woods Fund together, they underwrote the Arab-American Action Network (AAAN) to the tune of tens of thousands of dollars. The anti-Israel group was started by Khalidi and his wife Mona.
Andy McCarthy, the chairman of the Center for Law and Counterterrorism at the Foundation for the Defense of Democracies and the legal affairs editor at National Review, says it is obvious why the LA Times is not releasing the tape of the Khalidi bash.
"If either John McCain or Sarah Palin or another prominent Republican or prominent conservative had been at a party, basically in honor of somebody who is a terror apologist, at which terrorists were front and center in attendance, one can't even imagine the thought that the mainstream media, including the LA Times, would not only release that tape but actually fill us for days if not weeks with story after story about the gory details of it," McCarthy contends.
This is yet another example, according to McCarthy, of the mainstream press "covering up" an event that is embarrassing and difficult for Obama to explain.
Read McCarthy's column on National Review:
The LA Times suppresses Obama's Khalidi bash tape
People, we cannot allow this man to make it to the White House!
All that money you've lost — where did it go?
By ERIC CARVIN, Associated Press Writer 1 hour, 57 minutes ago
NEW YORK - Trillions in stock market value — gone. Trillions in retirement savings — gone. A huge chunk of the money you paid for your house, the money you're saving for college, the money your boss needs to make payroll — gone, gone, gone.
Whether you're a stock broker or Joe Six-pack, if you have a 401(k), a mutual fund or a college savings plan, tumbling stock markets and sagging home prices mean you've lost a whole lot of the money that was right there on your account statements just a few months ago.
But if you no longer have that money, who does? The fat cats on Wall Street? Some oil baron in Saudi Arabia? The government of China?
Or is it just — gone?
If you're looking to track down your missing money — figure out who has it now, maybe ask to have it back — you might be disappointed to learn that is was never really money in the first place.
Robert Shiller, an economist at Yale, puts it bluntly: The notion that you lose a pile of money whenever the stock market tanks is a "fallacy." He says the price of a stock has never been the same thing as money — it's simply the "best guess" of what the stock is worth.
"It's in people's minds," Shiller explains. "We're just recording a measure of what people think the stock market is worth. What the people who are willing to trade today — who are very, very few people — are actually trading at. So we're just extrapolating that and thinking, well, maybe that's what everyone thinks it's worth."
Shiller uses the example of an appraiser who values a house at $350,000, a week after saying it was worth $400,000.
"In a sense, $50,000 just disappeared when he said that," he said. "But it's all in the mind."
Though something, of course, is disappearing as markets and real estate values tumble. Even if a share of stock you own isn't a wad of bills in your wallet, even if the value of your home isn't something you can redeem at will, surely you can lose potential money — that is, the money that would be yours to spend if you sold your house or emptied out your mutual funds right now.
And if you're a few months away from retirement, or hoping to sell your house and buy a smaller one to help pay for your kid's college tuition, this "potential money" is something you're counting on to get by. For people who need cash and need it now, this is as real as money gets, whether or not it meets the technical definition of the word.
Still, you run into trouble when you think of that potential money as being the same thing as the cash in your purse or your checking account.
"That's a big mistake," says Dale Jorgenson, an economics professor at Harvard.
There's a key distinction here: While the money in your pocket is unlikely to just vanish into thin air, the money you could have had, if only you'd sold your house or drained your stock-heavy mutual funds a year ago, most certainly can.
"You can't enjoy the benefits of your 401(k) if it's disappeared," Jorgenson explains. "If you had it all in financial stocks and they've all gone down by 80 percent — sorry! That is a permanent loss because those folks aren't coming back. We're gonna have a huge shrinkage in the financial sector."
There was a time when nobody had to wonder what happened to the money they used to have. Until paper money was developed in China around the ninth century, money was something solid that had actual value — like a gold coin that was worth whatever that amount of gold was worth, according to Douglas Mudd, curator of the American Numismatic Association's Money Museum in Denver.
Back then, if the money you once had was suddenly gone, there was a simple reason — you spent it, someone stole it, you dropped it in a field somewhere, or maybe a tornado or some other disaster struck wherever you last put it down.
But these days, a lot of things that have monetary value can't be held in your hand.
If you choose, you can pour most of your money into stocks and track their value in real time on a computer screen, confident that you'll get good money for them when you decide to sell. And you won't be alone — staring at millions of computer screens are other investors who share your confidence that the value of their portfolios will hold up.
But that collective confidence, Jorgenson says, is gone. And when confidence is drained out of a financial system, a lot of investors will decide to sell at any price, and a big chunk of that money you thought your investments were worth simply goes away.
If you once thought your investment portfolio was as good as a suitcase full of twenties, you might suddenly suspect that it's not.
In the process, of course, you're losing wealth. But does that mean someone else must be gaining it? Does the world have some fixed amount of wealth that shifts between people, nations and institutions with the ebb and flow of the economy?
Jorgenson says no — the amount of wealth in the world "simply decreases in a situation like this." And he cautions against assuming that your investment losses mean a gain for someone else — like wealthy stock speculators who try to make money by betting that the market will drop.
"Those folks in general have been losing their shirts at a prodigious rate," he said. "They took a big risk and now they're suffering from the consequences."
"Of course, they had a great life, as long as it lasted."
