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Bachmann: Hurricane is God’s Warning About Government Spending

Click here to view this media Republican presidential candidate Michele Bachmann told voters in Florida Sunday that Hurricane Irene and the recent East Coast earthquake were just God’s way of telling politicians to reign in government spending. “I don’t know how much God has to do to get the attention of the politicians,” Bachmann said during the speech in Sarasota. “We’ve had an earthquake; we’ve had a hurricane. He said, ‘Are you going to start listening to me here?’ Listen to the American people because the American people are roaring right now. They know government is on a morbid obesity diet and we’ve got to rein in the spending.” At least 21 people died over the weekend due to the storm. UPDATE: Bachmann made a similar claim at another event (via Scarce ). Click here to view this media

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Time’s Grunwald: Rick Perry Divorced From Reality

In “Ben Bernanke Embraces Obama's Reality-Based Presidency,” Time's Michael Grunwald posited that Republican presidential contender Rick Perry is divorced from reality, especially when it comes to the best policies to fix the economy. Grunwald opened with snark… Texas governor and GOP presidential candidate Rick Perry still knows about as much about monetary policy as Sarah Palin knows about American history—or, for that matter, about monetary policy—but maybe there was a glimmer of insight in Perry’s dopey rant about Federal Reserve chairman Ben Bernanke’s treasonous plot to re-elect President Obama. Because if you cut through the mealy-mouthed Fedspeak, Bernanke’s speech on Friday at Jackson Hole reads a bit like a defense of Obama’s policies. And not just his economic policies. Bernanke, a Republican first appointed by George W. Bush, subtly hat-tipped almost all of Obama’s major domestic policies. …and pined for the days of pre-Tea Party bipartisan agreement on massive injections of government spending: My point is not that Bernanke is actually trying to get Obama re-elected; my point is that they both share a reality-based view of the country; the embodiment of widespread Republican abandonment of that view is named Rick Perry. Way back in 2008, when John McCain was pushing cap-and-trade and Republicans favored an individual mandate for health care, just about everyone in Washington agreed that severe slumps call for stimulus. John Boehner and Nancy Pelosi cut a stimulus deal. But that seems like a very long time ago. But as for reality, well, it's had a way of throwing a monkey wrench into the Obama administration's lofty expectations. Back in January 2009, the Obama transition team economic advisors predicted that stimulus spending would stem the tide of unemployment, preventing it from rising above eight percent, contrasted with a peak of about nine percent without stimulus spending. In reality, the unemployment rate under Obama peaked in October 2011 at 10.1 percent, and presently stands at 9.1 percent (see chart at right). Of course, Jared Bernstein and Christina Romer — who have since left the administration — left themselves some wiggle room with this caveat: “there is considerable uncertainty in our estimates: both the impact of the package on GDP and the relationship between higher GDP and job creation are hard to estimate precisely.” Wouldn't the same be true of any forecast of positive effects of a third round of “quantitative easing” [printing money]?

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Cheers! It’s a real ale renaissance

Despite pub closures and a dwindling lager market, record number of microbreweries are opening With the eager step of a man who’s just turned 40 and found his purpose in life, Paul Walker strides in his wellies across the flagstones of the 14th-century Union Inn in Denbury, south Devon, and orders two pints of Denbury Dreamer. We sip carefully, appreciatively. It’s

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NHS bill ‘will let Andrew Lansley wash his hands of health service’

Legal opinion funded by campaigners suggests ‘hands-off’ clause will remove the health secretary’s accountability The health secretary will be able to “wash his hands” of the NHS following forthcoming legislation which will take away his duty to provide a national health service, according to legal advice funded by campaigners. The legal opinion, commissioned and paid for by members of the 38 Degrees website , justifies the widespread public concern about the government’s health reforms, in spite of Andrew Lansley’s assurances that he has listened and responded to criticisms, they say. The independent legal team says the health and social reform bill removes the health secretary’s responsibility for NHS provision through a “hands-off” clause designed to give autonomy to commissioning groups. David Babbs, executive director of 38 Degrees, said one legal opinion suggested responsibility for provision would instead fall to an unknown number of “clinical commissioning groups”. Babbs said: “The so-called ‘hands off’ clause … removes political accountability, which is the only real control voters have on the way the NHS is delivered. We won’t be able to fire people on regulatory bodies or private healthcare companies when things go wrong. “None of us voted for these fundamental changes to the NHS. They weren’t in any party’s manifestos, or the coalition agreement, so 38 Degrees members have clubbed together to get legal advice to convince MPs that the changes shouldn’t be pushed ahead and that the public’s concerns need to be taken seriously.” Dr Clare Gerada, president of the Royal College of GPs, said the legal advice gave cause for concern: “Having seen these legal opinions, they raise serious concerns for GPs. As family doctors, we want to ensure any changes to the NHS safeguard its future and benefit patients. The advice of these legal experts brings this into question. That is worrying and the government needs to respond.” The legal opinion warns that EU and domestic competition rules, which apply to business, will now apply to decisions about who provides healthcare and the running of the NHS. It says the new structure will work to the advantage of private health companies that have experience of complex procurement processes and legal teams that can challenge decisions. A second lawyer, Rebecca Haynes of Monkton Chambers, said: “The complexity of the regime and the administrative burden in complying with the rules (which are constantly evolving through a rapidly expanding body of case law) cannot be underestimated … The relative ease with which bidders can bring claims in the high court at any stage of the procurement has led to an increased appetite for litigation and administrative challenge.” NHS Andrew Lansley Health policy Public services policy Health Sarah Boseley guardian.co.uk

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Notting Hill carnival draws hundreds of thousands of revellers and 6,500 police

Officers patrolled the carnival in one of the capital’s biggest ever operations amid fears of trouble following the riots this month Hundreds of thousands of people took to the streets of London as police carried out one of the biggest operations in the capital’s history at the Notting Hill carnival. More than 6,500 officers were on duty amid fears the two-day event could provide a catalyst for trouble following the riots and looting that hit London and other English cities earlier this month. But by early evening both police and organisers said the carnival – the biggest of its kind in Europe – appeared to have passed off without major incident. Carnival director Chris Boothman said the event had allowed Londoners to “reclaim the streets”. “We haven’t seen any major trouble so far and the atmosphere seems to be fantastic,” said Boothman, as one of more than 70 floats passed by. “People have really come out to support the carnival and it shows once again that London can put on large events.” Organisers said up to 800,000 people attended the event on Monday – with more than a million enjoying the party over the two days. On Monday evening a spokesman for the Met said the event had been “relatively straightforward”. “We had 82 arrests on Sunday and as of 3pm today there had been 17 arrests,” he said. “But it has been relatively straightforward and we hope everyone continues to enjoy themselves and leaves the area once the sound systems turn off so we can get west London back to some sort of normality.” Police launched their “robust” strategy for the carnival in the runup to the event, making more than 40 pre-emptive arrests. In addition to the 6,500

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(The above video uses satire to explain the mortgage crisis) Many Americans have no idea how to understand Europe’s financial problems because economics is not an easy topic to grasp while they are trying to sort out their own lives. We do hear from time to time how we’re linked in a global financial marketplace so what happens in France or Japan effects us too. What Americans have seen on TV are people rioting in the streets over government imposed “austerity” measures that hurt them. Want to be able to explain it to your friends and family members? Just use this article Digby found which puts into terms that are easy to understand: How To Turn A Continent into A Subprime CDO. Subprime Europe Why the push to emulate Europe suddenly from the right? Don’t you remember when right wing pundits and politicians used Europe as their punching bag, especially France during the Bush years? Anyway Digby found an article that explains what’s been happening to the Eurozone in a very easy way to understand. If you are having trouble unraveling the Eurozone crisis read this . It puts it into a perspective we here in the US can easily understand: The Eurozone today resembles a 2008 vintage subprime CDO. The Greek, Irish and Portuguese periphery is the riskiest junior tranche, the Italians and the Spanish are, appropriately, the mezzanine tranche, with France and Germany forming the senior tranche. And just like 2007-8, all the liquidity is drying up, as seen in the need for the banks from these sates to keep going to the ECB’s discount window. So all you need is a part of the junior tranche to default and the losses will rip through the junior into the mezzanine and will end up destroying the senior tranche as each bondholder dumps good to cover bad before the other guy does. Once again the CDO, despite its designer’s intent, stands or falls together, this time through contagion rather than correlation, but the principle is the same. What will cause the CDO to implode? Exactly the austerity policies Germany demands of everyone else, which as we now see, has slowed growth in Germany’s main markets and Germany itself, to a standstill. Such sustained slow or negative growth will make bondholders still more nervous. And yet the German response will be the same – more austerity – more rules – more councils of the same people who have kicked the can down the road for a year and a half, and more declarations of ‘unshakable commitments’ to the Euro that no one believes anymore. Europe has reached a point where its collective bank exposures are bigger than its collective bailout capacity. Like the CDO of legend, the income streams are running dry and correlation is rising to one. You can blame the state all you like, but its banking crisis at its core. The cover that the banks got from their bait and switch on the public is a one-time deal, and it is about to be rudely exposed. Read the whole thing . It’s not long. This old world’s in trouble, boys and girls. We constantly hear GOP politicians and pundits remark that America is broke and compare us to Greece if we don’t stop government spending . A nice fear-mongering tactic used by conservatives to try and scare Americans into believing stimulus spending in a time of a recession is akin to sending your grandmother to a death panel (you know, the lie of the year). And the only way we can save the US of A is to take the austerity approach that Europe has adopted even though it’s been a complete failure. So they say we must cut federal hiring, slash spending, reduce the federal deficits at all costs, cut taxes even lower than they are. Then we implement their version of a shared sacrifice where by our share is we raise the retirement age of our social safety nets and cutting costs to the programs by other reforms to the system in exchange for (their share) a few meaningless tax reforms (loop holes on corporate jets) that will raise some revenue in return.

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University staff asked to inform on ‘vulnerable’ Muslim students

Lecturers and student unions express disquiet over new anti-terror guidance on depressed and isolated students University staff including lecturers, chaplains and porters are being asked to inform the police about Muslim students who are depressed or isolated under new guidance for countering Islamist radicalism. The move has resulted in deep discomfort among university lecturers and student union officials who wish to combat terrorism but say the new strategy is an infringement of students’ civil liberties. Officials implementing the government’s revamped Prevent strategy are training frontline university employees in how to spot students vulnerable to extremism. Documents handed to staff claim that students who seem depressed or who are estranged from their families, who bear political grievances, or who use extremist websites or have poor access to mainstream religious instruction could be at risk of radicalisation. The National Union of Students has told its officers that they do not have to provide police with details about students unless they are presented with a warrant. Local authority workers and police officers have been introducing the new strategy over the last month. Inquiries by the Guardian show that colleges in Lancashire and London have been approached by police and local authorities. James Haywood, president of Goldsmiths college students’ union in south-east London, met two Prevent officials last week. He said they began by asking about Muslim students and whether the college had problems with its Islamic Society. “We were appalled to have Prevent officers asking us to effectively spy on our Muslim students. To pass on details of a student who the police consider ‘vulnerable’ is not only morally repugnant but is against the confidential nature of pastoral support. After the rise of hate groups such as the English Defence League, and the recent massacre in Norway, why are Prevent not also telling us to refer on students who have an irrational hatred of Islam?” he said. Universities that agree to the renewed version of the scheme are trained to refer “at risk” students to Prevent officials. The student is then monitored by a panel including a detective from Scotland Yard, who assess any potential terror threat. The student is not made aware at any stage that they are under investigation. The Prevent strategy was first launched in 2007 and sought to stop people becoming terrorists or supporting terrorism. It was relaunched in June and refocused on universities after it was revealed in January that “underpants bomber” Umar Farouk Abdulmutallab had studied at University College London. In June, the home secretary, Theresa May, said the original strategy had resulted in “complacency around universities” and that Labour had not been “sufficiently willing to recognise what can be happening on … campuses”. A recent government report said there were 40 English universities where there could be a “particular risk” of radicalisation, although the names of the universities have not been released. The University and College Union (UCU) said that the government’s strategy risked damaging the relationship between staff and students. “Staff have made it quite clear that they do not wish to police their students or engage in any activity that might erode the trust between them and students,” it said. The Federation of Student Islamic Societies, an organisation that provides support to Muslim students across the UK and Ireland, said: “Spying on a completely innocent group of people is an affront to our human rights. Islamic Societies and Muslim students make a positive contribution to British civic life – and they must be supported. “We have continued in our dialogue with the government to say that engaging with Muslim students, not spying on them, is what will make our country safer and more cohesive. Prevent is long-discredited now in civic society. We need an intelligent approach to security policy rather than one driven by political motives.” Professor Ted Cantle, executive chair of the Institute of Community Cohesion, warned that the government’s new policy risked stigmatising Muslims. “The government shouldn’t be bringing in people who have little understanding of the Muslim community and radicalisation and asking them to pronounce and point the finger,” he said. The Home Office defended the new policy. “The Prevent programme is about stopping people being drawn into terrorism. We all have an interest in that and we expect universities and colleges to play a full and constructive role in that aim. “The new Prevent strategy helps universities and colleges fulfil their duty of care to their students. The government has not received any representations from educational institutions saying they will not take part.” Higher education Islam Terrorism policy Students UK security and terrorism Global terrorism Religion Ryan Gallagher Rajeev Syal guardian.co.uk

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University staff asked to inform on ‘vulnerable’ Muslim students

Lecturers and student unions express disquiet over new anti-terror guidance on depressed and isolated students University staff including lecturers, chaplains and porters are being asked to inform the police about Muslim students who are depressed or isolated under new guidance for countering Islamist radicalism. The move has resulted in deep discomfort among university lecturers and student union officials who wish to combat terrorism but say the new strategy is an infringement of students’ civil liberties. Officials implementing the government’s revamped Prevent strategy are training frontline university employees in how to spot students vulnerable to extremism. Documents handed to staff claim that students who seem depressed or who are estranged from their families, who bear political grievances, or who use extremist websites or have poor access to mainstream religious instruction could be at risk of radicalisation. The National Union of Students has told its officers that they do not have to provide police with details about students unless they are presented with a warrant. Local authority workers and police officers have been introducing the new strategy over the last month. Inquiries by the Guardian show that colleges in Lancashire and London have been approached by police and local authorities. James Haywood, president of Goldsmiths college students’ union in south-east London, met two Prevent officials last week. He said they began by asking about Muslim students and whether the college had problems with its Islamic Society. “We were appalled to have Prevent officers asking us to effectively spy on our Muslim students. To pass on details of a student who the police consider ‘vulnerable’ is not only morally repugnant but is against the confidential nature of pastoral support. After the rise of hate groups such as the English Defence League, and the recent massacre in Norway, why are Prevent not also telling us to refer on students who have an irrational hatred of Islam?” he said. Universities that agree to the renewed version of the scheme are trained to refer “at risk” students to Prevent officials. The student is then monitored by a panel including a detective from Scotland Yard, who assess any potential terror threat. The student is not made aware at any stage that they are under investigation. The Prevent strategy was first launched in 2007 and sought to stop people becoming terrorists or supporting terrorism. It was relaunched in June and refocused on universities after it was revealed in January that “underpants bomber” Umar Farouk Abdulmutallab had studied at University College London. In June, the home secretary, Theresa May, said the original strategy had resulted in “complacency around universities” and that Labour had not been “sufficiently willing to recognise what can be happening on … campuses”. A recent government report said there were 40 English universities where there could be a “particular risk” of radicalisation, although the names of the universities have not been released. The University and College Union (UCU) said that the government’s strategy risked damaging the relationship between staff and students. “Staff have made it quite clear that they do not wish to police their students or engage in any activity that might erode the trust between them and students,” it said. The Federation of Student Islamic Societies, an organisation that provides support to Muslim students across the UK and Ireland, said: “Spying on a completely innocent group of people is an affront to our human rights. Islamic Societies and Muslim students make a positive contribution to British civic life – and they must be supported. “We have continued in our dialogue with the government to say that engaging with Muslim students, not spying on them, is what will make our country safer and more cohesive. Prevent is long-discredited now in civic society. We need an intelligent approach to security policy rather than one driven by political motives.” Professor Ted Cantle, executive chair of the Institute of Community Cohesion, warned that the government’s new policy risked stigmatising Muslims. “The government shouldn’t be bringing in people who have little understanding of the Muslim community and radicalisation and asking them to pronounce and point the finger,” he said. The Home Office defended the new policy. “The Prevent programme is about stopping people being drawn into terrorism. We all have an interest in that and we expect universities and colleges to play a full and constructive role in that aim. “The new Prevent strategy helps universities and colleges fulfil their duty of care to their students. The government has not received any representations from educational institutions saying they will not take part.” Higher education Islam Terrorism policy Students UK security and terrorism Global terrorism Religion Ryan Gallagher Rajeev Syal guardian.co.uk

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From the Democracy for America email: On Friday, we asked DFA members to vote on which Republican to target next with our new TV ad exposing the Republican attacks on Medicare, Social Security and education. It was close, but the winner was clear: Republican Eric Cantor. Now, we’ll hit him hard across his Virginia district before he heads back to Washington after Labor Day. You told us what to do. Please help make it possible by contributing $5 to get the ad on the air. The link goes to ActBlue. It would be fantastic to have this ad flood Cantor’s district, reminding voters of the costs of supporting the Republican agenda. In fact, while Labor Day is a great start, I hope DFA runs this ad again and again as we near the election.

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Maastricht treat: money rains on Dutch drivers

Windfall for motorists as bank truck sheds load on highway The fantasy of seeing banknotes fluttering down from the sky came true for Dutch motorists after a package containing cash apparently fell from a bank transport truck and broke open. The incident triggered a dangerous scramble for the euro bills on Monday on the busy A2 highway near Maastricht, as people parked on the hard shoulder and ran to scoop up loose notes. Police in the southern Dutch province of Limburg confirmed in their Twitter feed “it briefly rained bank bills”. Reporter Rudy Bouma told national broadcaster NOS he saw people grabbing handfuls of cash before hopping back into their cars and driving away. It was not clear how much cash was lost, or how it could have fallen from the truck. Netherlands Road transport Europe guardian.co.uk

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