Friday, January 16, 2009

VIDEO & TRANSCRIPT: George W. Bush Farewell Address Jan 15 2009





During the last 8 years of President George W. Bush Presidency we have seen him make the tough choices and sheppard the United States through 8 of the hardest years in the countries recent history.


He has kept the country and the world safe from terrorism since 9/11 and his done his best economically considering the poison chalice of Sub Prime that was handed to him by Bill  Clinton.


Many do not support his last 8 years but many also do.


History will see his two terms as one of the most significant in the history of that nation, marked out principally by his stand against the evil tide of Muslim extremism that has been engineered to take over the world.




George W. Bush Farewell address (Video & Transcript)





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8:01 P.M. EST

THE PRESIDENT: Fellow citizens: For eight years, it has been my honor to serve as your President. The first decade of this new century has been a period of consequence -- a time set apart. Tonight, with a thankful heart, I have asked for a final opportunity to share some thoughts on the journey that we have traveled together, and the future of our nation.

President George W. Bush delivers his farewell address to the nation Thursday evening, Jan. 15, 2009, from the East Room of the White House, thanking the American people for their support and trust. White House photo by Chris <span class=

Five days from now, the world will witness the vitality of American democracy. In a tradition dating back to our founding, the presidency will pass to a successor chosen by you, the American people. Standing on the steps of the Capitol will be a man whose history reflects the enduring promise of our land. This is a moment of hope and pride for our whole nation. And I join all Americans in offering best wishes to President-Elect Obama, his wife Michelle, and their two beautiful girls.

Tonight I am filled with gratitude -- to Vice President Cheney and members of my administration; to Laura, who brought joy to this house and love to my life; to our wonderful daughters, Barbara and Jenna; to my parents, whose examples have provided strength for a lifetime. And above all, I thank the American people for the trust you have given me. I thank you for the prayers that have lifted my spirits. And I thank you for the countless acts of courage, generosity, and grace that I have witnessed these past eight years.

This evening, my thoughts return to the first night I addressed you from this house -- September the 11th, 2001. That morning, terrorists took nearly 3,000 lives in the worst attack on America since Pearl Harbor. I remember standing in the rubble of the World Trade Center three days later, surrounded by rescuers who had been working around the clock. I remember talking to brave souls who charged through smoke-filled corridors at the Pentagon, and to husbands and wives whose loved ones became heroes aboard Flight 93. I remember Arlene Howard, who gave me her fallen son's police shield as a reminder of all that was lost. And I still carry his badge.

As the years passed, most Americans were able to return to life much as it had been before 9/11. But I never did. Every morning, I received a briefing on the threats to our nation. I vowed to do everything in my power to keep us safe.

Over the past seven years, a new Department of Homeland Security has been created. The military, the intelligence community, and the FBI have been transformed. Our nation is equipped with new tools to monitor the terrorists' movements, freeze their finances, and break up their plots. And with strong allies at our side, we have taken the fight to the terrorists and those who support them. Afghanistan has gone from a nation where the Taliban harbored al Qaeda and stoned women in the streets to a young democracy that is fighting terror and encouraging girls to go to school. Iraq has gone from a brutal dictatorship and a sworn enemy of America to an Arab democracy at the heart of the Middle East and a friend of the United States.

President George W. Bush embraces his daughters Barbara and Jenna as he receives a standing ovation from invited guests and members of his staff and Cabinet at the conclusion of his televised farewell address to the nation Thursday evening, Jan. 15. 2009, in the East Room of the White House. White House photo by Chris <span class=

There is legitimate debate about many of these decisions. But there can be little debate about the results. America has gone more than seven years without another terrorist attack on our soil. This is a tribute to those who toil night and day to keep us safe -- law enforcement officers, intelligence analysts, homeland security and diplomatic personnel, and the men and women of the United States Armed Forces.

Our nation is blessed to have citizens who volunteer to defend us in this time of danger. I have cherished meeting these selfless patriots and their families. And America owes you a debt of gratitude. And to all our men and women in uniform listening tonight: There has been no higher honor than serving as your Commander-in-Chief.

The battles waged by our troops are part of a broader struggle between two dramatically different systems. Under one, a small band of fanatics demands total obedience to an oppressive ideology, condemns women to subservience, and marks unbelievers for murder. The other system is based on the conviction that freedom is the universal gift of Almighty God, and that liberty and justice light the path to peace.

This is the belief that gave birth to our nation. And in the long run, advancing this belief is the only practical way to protect our citizens. When people live in freedom, they do not willingly choose leaders who pursue campaigns of terror. When people have hope in the future, they will not cede their lives to violence and extremism. So around the world, America is promoting human liberty, human rights, and human dignity. We're standing with dissidents and young democracies, providing AIDS medicine to dying patients -- to bring dying patients back to life, and sparing mothers and babies from malaria. And this great republic born alone in liberty is leading the world toward a new age when freedom belongs to all nations.

For eight years, we've also strived to expand opportunity and hope here at home. Across our country, students are rising to meet higher standards in public schools. A new Medicare prescription drug benefit is bringing peace of mind to seniors and the disabled. Every taxpayer pays lower income taxes. The addicted and suffering are finding new hope through faith-based programs. Vulnerable human life is better protected. Funding for our veterans has nearly doubled. America's air and water and lands are measurably cleaner. And the federal bench includes wise new members like Justice Sam Alito and Chief Justice John Roberts.

President George W. Bush delivers his farewell address to the nation Thursday evening, Jan. 15, 2009, from the East Room of the White House. President Bush stated in his remarks, "It has been the privilege of a lifetime to serve as your President. There have been good days and tough days. But every day I have been inspired by the greatness of our country, and uplifted by the goodness of our people." White House photo by Eric DraperWhen challenges to our prosperity emerged, we rose to meet them. Facing the prospect of a financial collapse, we took decisive measures to safeguard our economy. These are very tough times for hardworking families, but the toll would be far worse if we had not acted. All Americans are in this together. And together, with determination and hard work, we will restore our economy to the path of growth. We will show the world once again the resilience of America's free enterprise system.

Like all who have held this office before me, I have experienced setbacks. There are things I would do differently if given the chance. Yet I've always acted with the best interests of our country in mind. I have followed my conscience and done what I thought was right. You may not agree with some of the tough decisions I have made. But I hope you can agree that I was willing to make the tough decisions.

The decades ahead will bring more hard choices for our country, and there are some guiding principles that should shape our course.

While our nation is safer than it was seven years ago, the gravest threat to our people remains another terrorist attack. Our enemies are patient, and determined to strike again. America did nothing to seek or deserve this conflict. But we have been given solemn responsibilities, and we must meet them. We must resist complacency. We must keep our resolve. And we must never let down our guard.

At the same time, we must continue to engage the world with confidence and clear purpose. In the face of threats from abroad, it can be tempting to seek comfort by turning inward. But we must reject isolationism and its companion, protectionism. Retreating behind our borders would only invite danger. In the 21st century, security and prosperity at home depend on the expansion of liberty abroad. If America does not lead the cause of freedom, that cause will not be led.

As we address these challenges -- and others we cannot foresee tonight -- America must maintain our moral clarity. I've often spoken to you about good and evil, and this has made some uncomfortable. But good and evil are present in this world, and between the two of them there can be no compromise. Murdering the innocent to advance an ideology is wrong every time, everywhere. Freeing people from oppression and despair is eternally right. This nation must continue to speak out for justice and truth. We must always be willing to act in their defense -- and to advance the cause of peace.

President George W. Bush is applauded during his farewell address to the nation Thursday evening, Jan. 15, 2009, from the East Room of the White House, where President Bush said it has been a privilege to serve the American people. White House photo by Joyce N. <span class=

President Thomas Jefferson once wrote, "I like the dreams of the future better than the history of the past." As I leave the house he occupied two centuries ago, I share that optimism. America is a young country, full of vitality, constantly growing and renewing itself. And even in the toughest times, we lift our eyes to the broad horizon ahead.

I have confidence in the promise of America because I know the character of our people. This is a nation that inspires immigrants to risk everything for the dream of freedom. This is a nation where citizens show calm in times of danger, and compassion in the face of suffering. We see examples of America's character all around us. And Laura and I have invited some of them to join us in the White House this evening.

We see America's character in Dr. Tony Recasner, a principal who opened a new charter school from the ruins of Hurricane Katrina. We see it in Julio Medina, a former inmate who leads a faith-based program to help prisoners returning to society. We've seen it in Staff Sergeant Aubrey McDade, who charged into an ambush in Iraq and rescued three of his fellow Marines.

We see America's character in Bill Krissoff -- a surgeon from California. His son, Nathan -- a Marine -- gave his life in Iraq. When I met Dr. Krissoff and his family, he delivered some surprising news: He told me he wanted to join the Navy Medical Corps in honor of his son. This good man was 60 years old -- 18 years above the age limit. But his petition for a waiver was granted, and for the past year he has trained in battlefield medicine. Lieutenant Commander Krissoff could not be here tonight, because he will soon deploy to Iraq, where he will help save America's wounded warriors -- and uphold the legacy of his fallen son.

In citizens like these, we see the best of our country - resilient and hopeful, caring and strong. These virtues give me an unshakable faith in America. We have faced danger and trial, and there's more ahead. But with the courage of our people and confidence in our ideals, this great nation will never tire, never falter, and never fail.

It has been the privilege of a lifetime to serve as your President. There have been good days and tough days. But every day I have been inspired by the greatness of our country, and uplifted by the goodness of our people. I have been blessed to represent this nation we love. And I will always be honored to carry a title that means more to me than any other - citizen of the United States of America.



President George W. Bush reaches into the audience to shake hands with invited guests and staff members following his farewell address to the nation Thursday evening, Jan. 15, 2009 in the East Room of the White House, where President Bush thanked the American people for their support and trust.  White House photo by Joyce N. <span class=

And so, my fellow Americans, for the final time: Good night. May God bless this house and our next President. And may God bless you and our wonderful country. Thank you. (Applause.) 







c Political Animal 2009

Rod Oram: On the Prius to Obscurity

Let me just say that Rod Oram is probably a very nice guy if you get to know him on a personal basis. There my praise for him ends however.

Mr Oram has the distinction of being widely published, I do not. He is influential because of that, I am not.

His business columns
are syndicated by the left wing media and snapped up by an unsuspecting and intellectually lazy New Zealand public because the alternative means you have to have the ability to think and reason rather than soak up garbage like a wet liberal sponge.


Because of this and his views about so-called "global warming" he is also a very dangerous person, as are all advocates of GW in all their various political colours and stages of delusion.

The GW agenda is being pushed as a means of control, higher taxes and will be fatal for business and the global economy when emission trading schemes inevitably collapse in a heap of harmless (in terms of the gas not the fallout for the global economy) carbon dioxide.

Last week, evidence of fraud, lies and cover-ups from the GW pushers themselves - via leaked emails and better known as Climategate - was uncovered that should completely blow GW and its followers out of the water but Rod Oram chose to ignore this last Sunday when yet another diatribe from him about GW pushed the line that he keeps trying to sell his readers - that GW is the most important thing since that first atom exploded quite some time ago and you better be on board the GW Prius or by god you will not be the chosen one and you are gonna go straight to hell in your Range Rover Vogue.

In New Zealand NIWA has been fudging figures to suit their purposes and Mr Oram would be aware of this.

Why then does he continue to push this line?

Is he stupid? I don't think so.

Is he ignorant of the facts? Surely he cant be? He has Google on his computer and can read the scientific evidence against GW.

Does he have an agenda? Like most of us, yes he does, but his agenda is hidden under reams of Climate-babble.

But why?

Well, like most other proponents of GW there is a question of dirty filthy capitalistic profit ( Oh you are such a sarcastic bastard Darren! ) One can only imagine then that for Mr Oram it is also about money.

Al Gore, the number one peddler of the GW myth has become very rich from his connection to the GW religion and the conflicted business interests that he invests in.

We know Mr Oram offsets his "Carbon Footprint" by buying carbon credits when he jets off to the next GW conference in Brazil, London or Wairoa and we also know he pushes "Green Technology" and a fancy new way to run the global economy - see "Green Jobs" for an explanation - at every opportunity.

How much money does Mr Oram have invested in the "Green Economy", an "economy" that relies upon the GW machine to continue to function regardless of the fraud on which it is clearly based?

We don't know but I challenge Rod to come clean and let us know in one of his future columns on this topic just what financial interest he has in keeping the GW windmill spinning.

Until then anything he writes should be viewed with a least suspicion and at worst contempt.

I am convinced that contempt is the most appropriate adjective for him and he deserves the obscurity he so clearly craves as the thread continues to unwind on the emperors clothes.


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c Share Investor 2009



MARK STEYN: Franchising terror, mosque by mosque (Part Three)

One by one, through immigration and then through a birth rate that tops every demographic outside the third world, Muslims and their pervasive violent religion spreads its evil tentacles the world over.

The fact that we in the West stand by and watch this happen with our hands open wide for a big Kymbayaish group hug is simply stunning in its stupidity and dangerous beyond comprehension.

Communists had 'deep sleepers' who had
to be controlled in a hierarchical chain.
But with Islam, who needs that?


Islam is not just a religion. Those lefties who bemoan what America is doing to provoke "the Muslim world" would go bananas if any Western politician started referring to "the Christian world." When such sensitive guardians of the separation of church and state endorse the first formulation but not the second, they implicitly accept that Islam has a political sovereignty too. There is an "Organization of the Islamic Conference": It's like the EU and the Commonwealth and the G8 -- that is, an organization of nation states whose heads of government hold regular meetings. Imagine if someone proposed an "Organization of the Christian Conference" that would hold summits attended by prime ministers and presidents and voted as a bloc in transnational bodies.

So it's not merely that there's a global jihad lurking within this religion, but that the religion itself is a political project -- and, in fact, an imperial project -- in a way that modern Christianity, Judaism, Hinduism and Buddhism are not. Furthermore, this particular religion is historically a somewhat bloodthirsty faith in which whatever's your bag violence-wise can almost certainly be justified. And, yes, Christianity has had its blood-drenched moments, but the Spanish Inquisition, which remains a byword for theocratic violence, killed fewer people in a century and a half than the jihad does in a typical year.

So we have a global terrorist movement insulated within a global political project insulated within a severely self-segregating religion whose adherents are the fastest-growing demographic in the developed world. The jihad thus has a very potent brand inside a highly dispersed and very decentralized network much more efficient than anything the CIA can muster. And these fellows can hide in plain sight. As the Times of London reported in 2006: "An American al-Qaeda operative who was a close associate of the leader of the July 7 [2005] bombers was recruited at a New York mosque that British militants helped to run. British radicals regularly travelled to the Masjid Fatima Islamic Centre, in Queens, to organize sending American volunteers to jihadi training camps in Pakistan. Investigators reportedly found that Mohammad Sidique Khan had made calls to the mosque last year in the months before he led the terrorist attack on London that killed 52 innocent people. Mohammad Junaid Babar, one recruit from the Masjid Fatima Islamic Centre, has told U.S. intelligence officials that he met Khan in a jihadi training camp in Pakistan in July 2003. He claims that the pair became friends as they studied how to assemble explosive devices. Babar, 31, a computer programmer, says that it was at the Masjid Fatima centre that he became a radical."

And so it goes. The mosques are recruiters for the jihad and play an important role in ideological subordination and cell discipline. In globalization terms, that's a perfect model. Unlike the Soviets, it's a franchise business rather than owner-operated; the Commies had "deep sleepers" who had to be "controlled" in a very hierarchical chain. But who needs that with Islam? Not long after Sept. 11, I said, just as an aside, that these days whenever something goofy turns up on the news, chances are it involves some fellow called Mohammed. It was a throwaway line, but if you want to compile chapter and verse, you can add to the list every week.

- A plane flies into the World Trade Center? Mohammed Atta.

- A sniper starts killing gas station customers around Washington, D.C.? John Allen Muhammed.

- A guy fatally stabs a Dutch movie director? Mohammed Bouyeri.

- A gunman shoots up the El Al counter at Los Angeles airport? Hesham Mohamed Hedayet.

- A terrorist slaughters dozens in Bali? Noordin Mohamed.

- A British subject self-detonates in a Tel Aviv bar? Asif Mohammed Hanif.

- A terrorist cell bombs the U.S. embassies in Kenya and Tanzania? Ali Mohamed.

- A gang rapist preys on the women of Sydney? Mohammed Skaf.

- A Canadian terror cell is arrested for plotting to bomb Ottawa and behead the prime minister? Mohammed Dirie, Amin Mohamed Durrani and Yasim Abdi Mohamed.

These last three represent a "broad strata" of Canadian society, according to Mike McDonnell, assistant commissioner of the Royal Canadian Mounted Police and a man who must have aced sensitivity training class. To the casual observer, the broad strata would seem to be a very singular stratum: In their first appearance in court, 12 men arrested in that Ontario plot requested the Koran.

When I made my observation about multiple Mohammeds in the news, Merle Ricklefs, a professor at the National University of Singapore and South-East Asian editor of the 16-volume Encyclopedia of Islam, remarked sarcastically, "Deep thinking, indeed." Well, gosh, maybe it's not terribly sophisticated. But then again, when you're dealing with fellows who decapitate female aid workers in Iraq and engage in mass slaughter of Russian schoolchildren, maybe sophistication isn't always helpful. Particularly when sophistication seems mostly to be a form of obfuscation by experts wedded to the notion that Islam is something that simply can't be understood unless you've read all 16 volumes of their Encyclopedia, or, better yet, written them.

For those of us who aren't professors of Islamic studies, the obvious course is to step back and try to work from first principles: What's happening? Who's doing it? The five-thousand-guys-named-Mo routine meets the "reasonable man" test: It's the first thing an averagely well-informed person who's not a multiculti apologist notices -- here's the evening news and here comes another Mohammed.

From America Alone: The End of the World as We Know it, by Mark Steyn.
Published by Regnery Publishing, Inc. Copyright (Copyright) 2006 by Mark Steyn.

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Thursday, January 15, 2009

Mad Muslims make Israeli Women move from Cafe

The Turkish Cafe owner who kicked out two Israeli women from his Invercargill cafe simply because they were Israeli had every right to do so.


Wrong headed because he is taking the side of Palestinian murdering terrorists who target innocent civilians, the cafe is nevertheless his and he should be allowed to serve anyone he likes.

Sisters Natalie Bennie and Tamara Shefa were upset after being booted out of the Mevlana Cafe in Esk St by owner Mustafa Tekinkaya.

They chose to eat at Mevlana Cafe because it had a play area for Mrs Bennie's two children, but they were told to leave before they had ordered any food, Mrs Bennie said.

"He heard us speaking Hebrew and he asked us where we were from. I said Israel and he said `get out, I am not serving you'. It was shocking."

Mr Tekinkaya, who is Muslim and from Turkey, said he was making his own protest against Israel because it was killing innocent babies and women in the Gaza Strip. continued at Stuff


JOHN HAWKINS/Southland Times

SHOCKED AND HURT: Israeli nationals Natalie Bennie, left, and Tamara Shefa, with Mrs Bennie's two children Noah, 2, and Ella, 4, were told to leave Mevlana Cafe in Invercargill because they were from Israel.

JOHN HAWKINS/Southland Times

TAKING A STAND: Mevlana Cafe owner Mustafa Tekinkaya, left, with family and friends.

Forget for a moment that if it was a Palestinian refused service there would be violent protests from mad Muslims and hangers on.

The moronic Human Rights Commission doesn't think the owner has the right to refuse service but they are hard to work out at the best of times.

Where is John Minto this morning?


c Political Animal 2009




MARK STEYN: Loving thine enemy (Part Two)

In this excerpt from Mark Steyn's America Alone: The End of the World as We Know it, we learn how weakness from Muslim extremists' enemies is used to target the weak minded and feeble left amongst us.

Fighting a war against terror is hard. Israel is a victim of this at present. They cannot fight justifiably against attack on their land because it isn't seen as "right" to kill an insane enemy because, well, they really are just the same as you and me and deserve the same sort of respect.

They don't.


The more the Islamists step on our toes, the more we waltz them gaily around the room

After September 11, the first reaction of just about every prominent Western leader was to visit a mosque: President Bush did, so did the Prince of Wales, the prime minister of the United Kingdom, the prime minister of Canada and many more. And, when the get-me-to-the-mosque-on-time fever died away, you couldn't help feeling that this would strike almost any previous society as, well, bizarre. Pearl Harbor's been attacked? Quick, order some sushi and get me into a matinee of Madam Butterfly!

Seeking to reassure the co-religionists of those who attack you that you do not regard them all as the enemy is a worthy aim but a curious first priority. And, given that more than a few of the imams in those mosque photo-ops turned out to be at best equivocal on the matter of Islamic terrorism and at worst somewhat enthusiastic supporters of it, it involved way too much self-deception on our part. But it set the tone for all that followed, to the point where with each bomb or plot -- from September 11 to London to Toronto -- the protestations of Islam's good faith grew ever more fulsome.

Consider the name given to the current conflict: "war on terror." Wait a minute. Aren't wars usually waged against named enemies? Yes, but, to the progressive mind, the very concept of "the enemy" is obsolescent: There are no enemies, just friends whose grievances we haven't yet accommodated. In part, it's societal forgetfulness. In an electronic age, a present-tense culture, we assume that social progress is like technological progress: It can't be reversed. Just as you can't disinvent the internal combustion engine, so you can't disinvent women's rights. Just as the horse and buggy yielded to the steam train and the Ford Model T and the passenger jet, so the advanced social-democratic society will march onward to state day care and 30-hour work weeks and gay marriage and ever greater ethnic diversity -- and nothing can turn it back, certainly not a lot of seventh-century weirdbeards. Many of us figure the Islamist plan to re-establish the caliphate is the equivalent of that moment in The SpongeBob SquarePants Movie when Plankton roars, "I'm going to rule the world!" Towering over him, SpongeBob says, "Good luck with that."

But you never know: It might be that we're the plankton. "Our enemies are small worms," Adolf Hitler told his generals in August 1939. "I saw them at Munich." In Europe today, as in the thirties, the political class prostrates itself before an insatiable force that barely acknowledges the latest surrender before moving on to the next invented grievance.

Indeed, a formal enemy is all but superfluous to requirements. Bomb us, and we agonize over the "root causes." Decapitate us, and our politicians rush to the nearest mosque to declare that "Islam is a religion of peace." Issue bloodcurdling calls at Friday prayers to kill all the Jews and infidels, and we fret that it may cause a backlash against Muslims. Behead sodomites and mutilate female genitalia, and gay groups and feminist groups can't wait to march alongside you denouncing Bush and Blair. Murder a schoolful of children, and our scholars explain that to the "vast majority" of Muslims "jihad" is a harmless concept meaning "healthy-lifestyle low-fat granola bar." Thus the lopsided valse macabre of our times: the more the Islamists step on our toes, the more we waltz them gaily round the room.

As French philosopher Jean-Francois Revel wrote, "Clearly, a civilization that feels guilty for everything it is and does will lack the energy and conviction to defend itself." During the Danish cartoon jihad, The New York Times gave a routinely pompous explanation of why it would not be showing us the representations of the Prophet: Sensitive news organizations, the editors explained, had the duty to "refrain from gratuitous assaults on religious symbols." The very next day, the Times illustrated a story on the Danish controversy with a piece of New York "art" from a couple of seasons earlier showing the Virgin Mary covered in elephant dung. Multiculturalism seems to operate on the same even-handedness as the old Cold War joke in which the American tells the Soviet guy that "in my country everyone is free to criticize the president," and the Soviet guy replies, "Same here. In my country everyone is free to criticize your president." Under the rules as understood by The New York Times, the West is free to mock and belittle its Judeo-Christian inheritance, and, likewise, the Muslim world is free to mock and belittle the West's Judeo-Christian inheritance. If one has to choose, on balance Islam's loathing of other cultures seems psychologically less damaging than the Western elites' loathing of their own.

Insurgencies, whether explicitly terrorist or more subtle, persist because of a lack of confidence on the part of their targets. The IRA, for example, calculated correctly that the British had the capability to smash them totally but not the will. So they knew that while they could never win militarily, they also could never be defeated. The Islamists have figured similarly. The only difference is that most terrorist wars are highly localized. We now have the first truly global terrorist insurgency because the Islamists view the whole world the way the IRA view the bogs of Fermanagh: They want it, and they've calculated that our entire civilization lacks the will to see them off.

From America Alone: The End of the World as We Know it, by Mark Steyn
Published by 
Regnery Publishing, Inc. Copyright (Copyright) 2006 by Mark Steyn.

Related Political Animal reading


Related Amazon reading

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Buy new: $11.53 / Used from: $9.54
Usually ships in 24 hours

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Wednesday, January 14, 2009

MARK STEYN: America Alone: The End of the World as We know it (part one)

The first in a series of excerpts from Mark Steyn's America Alone: The End of the World as We Know it.


Essential reading if you want to understand the "Muslim problem" that underlines the last 7 years since 9/11 and the current Muslim created problems in Gaza. 


Part One

John O’Sullivan, a former editor of National Review, once observed that postwar Canadian history is summed up by an old Monty Python song. I’m a Lumberjack and I’m Okay begins as a robust paean to the manly virtues of a rugged life in the north woods but ends with the lumberjack having gradually morphed into some sort of transvestite pick-up who sings that he likes to “wear high heels, suspenders and a bra” and “dress in women’s clothing and hang around in bars.” 

I know what he means. In 2005, I chanced to see a selection of images from the Miss She-male World celebrations outside Toronto’s City Hall. And what struck me was not that “she-males” should want to have a big ol’ parade showing off their outsized implants.

No, what seemed more pertinent was that the local government should think Miss She-male World is an event that requires municipal approval. Of course, if they hadn’t approved, they would have been guilty of being “non-inclusive.”

John O’Sullivan isn’t saying Canadian men are literally cross-dressers, but nonetheless a once manly nation has undergone a remarkable psychological makeover. In 1945, the Royal Canadian Navy had the third-largest surface fleet in the world; Canadian troops got the toughest beach on D-Day. But in the space of two generations, a bunch of tough hombres were transformed into a thoroughly feminized culture that prioritizes the secondary impulses of society — rights and entitlements from cradle to grave — over all the primary ones.

In that, Canada’s not alone. If the O’Sullivan thesis is flawed, it’s only because the Lumberjack Song could also stand as the postwar history of almost the entire developed world. To understand why the West seems so weak in the face of a laughably primitive enemy, it’s necessary to examine the wholesale transformation undergone by almost every advanced nation since World War Two. Today, in your typical election campaign, the political platforms of at least one party in the United States and pretty much every party in the rest of the West are all but exclusively about those secondary impulses: government health care, government day care, government paternity leave. We’ve elevated the secondary impulses over the primary ones: national defense, self-reliance and reproductive activity. If you don’t “go forth and multiply” you can’t afford all those secondary-impulse programs whose costs are multiplying a lot faster than you are. Most of the secondary-impulse stuff falls under the broad category of self-gratification issues: We want the state to take our elderly relatives off our hands not because it’s better for them but because otherwise the old coots would cut into our own time. Fair enough. But once you decide you can do without grandparents, it’s not a stretch to decide you can do without grandchildren.

I’ve always loved Lincoln’s allusion to the “mystic chords of memory” because it conveys beautifully the layers of a healthy society: The top notes are the present, but the underlying harmony is critical, too; it places the present in the context of history and eternal truths, and thereby binds us not just to the past but commits us to the future, too. Yet since 1945, throughout the West, a variety of government interventions has so ruptured traditional patterns of inter-generational solidarity that Continentals now exist almost entirely in a present-tense culture of complete self-absorption. In the end, the primal impulses are the ones that count. Robert Kagan’s observation that Americans are from Mars, Europeans are from Venus doesn’t quite cover it. The Lumberjack Song and the She-male World get closer: We’re Martians who think we can cross-dress as Venusians and everything will be all right. And like some of the hotter-looking transsexuals on display at Toronto’s City Hall, the modern Western democracy is perfectly feminized in every respect except its ability to reproduce.

Americans don’t always appreciate how far gone down this path the rest of the developed world is: In Continental cabinets, the defense ministry is now somewhere an ambitious politician passes through on his way to important jobs like the health department. I don’t think Donald Rumsfeld would have regarded it as a promotion to be moved to Health and Human Services. Yet the secondary impulses are so advanced that most of America’s allies no longer share the same understanding of basic words like “power.” In 2002 Finnish prime minister Paavo Lipponen gave a speech in London saying that “the EU must not develop into a military superpower but must become a great power that will not take up arms at any occasion in order to defend its own interests.”

No doubt it sounds better in Finnish. Nonetheless, he means it: For many Europeans, the old rules no longer apply. Yet in the long run this redefinition of the state is killing them. As Gerald Ford used to say when trying to ingratiate himself with conservative audiences, “A government big enough to give you everything you want is big enough to take away everything you have.” And that’s true. But there’s an intermediate stage: A government big enough to give you everything you want isn’t big enough to get you to give any of it back.

That’s the position European governments find themselves in. Their citizens have become hooked on unaffordable levels of social programs which will put those countries out of business.

This is the paradox of “social democracy.” When you demand lower taxes and less government, you’re damned by the Left as “selfish.” And in my case that’s true. I’m glad to find a town road at the bottom of my driveway in the morning, and I’m happy to pay for the Army, but, other than that, I’d like to keep everything I earn and spend it on my priorities.

The Left offers an appeal to moral virtue: It’s better to pay more in taxes and to share the burdens as a community. It’s kinder, gentler, more equitable. Unfortunately, as recent European election results demonstrate, nothing makes a citizen more selfish than socially equitable communitarianism: Once a fellow’s enjoying the fruits of government health care and the rest, he couldn’t give a hoot about the general societal interest; he’s got his, and if it’s going to bankrupt the state a generation hence, well, as long as they can keep the checks coming till he’s dead, it’s fine by him. “Social democracy” is, it turns out, explicitly anti-social. To modify Polybius, it’s “avarice” dressed up with “pretentiousness.” And it leads to societal “indolence.”

Somewhere along the way these countries redefined the relationship between government and citizen into something closer to pusher and addict. And once you’ve done that, it’s hard to persuade the addict to cut back his habit. Thus, the general acceptance everywhere but America is that the state should run your health care. A citizen of an advanced democracy expects to be able to choose from dozens of cereals at the supermarket, hundreds of movies at the video store and millions of porno sites on the Internet, but when it comes to life-or-death decisions about his own body he’s happy to have the choice taken out of his hands and given to the government.

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From America Alone: The End of the World as We Know it, by Mark Steyn.
Published by Regnery Publishing, Inc. Copyright © 2006 by Mark Steyn. 

Aunty Helen partly right

So Helen Clark told the Herald last night that national was taking a "laissez-faire attitude" to the current financial crisis.


I would have to agree with her to a certain extent.

Am I getting soft now that she isnt terrorising New Zealanders anymore in her capacity as Prime Minister?

Not really, but you have to come out and call it how you see it.

I like to think that I do.

Anyway, moving right along. 

Having said that I agreed somewhat with the former Prime Minister this is where our agreement ends. Careful planning of any "economic stimulus" on the Government's part must be done.

The American 700 billion plus bailout hastily slapped together before Christmas hasn't and will not work and at least half the money has disappeared down a black hole-par for the course for most Governments im afraid.

While everyone is entitled to a Christmas holiday, especially John Key and his National Party, after a hard fought and won nasty election campaign on Labour's part, the current financial crises does need some considerable and reasonably swift care.

Lets not forget who got us into this position in the first place. Labour and its profligate spending on social interfering and empire building. 

We shouldn't also forget that as this was unfolding during the recession that started in late 2007, and continues to this day, Labour's answer was to buy a run down train set for 5 times its worth, promise to give more money to students and beneficiaries post the 2008 election, increase the cost of doing business, introduce a crippling tax via carbon trading laws and spending taxpayer money and valuable time on digging baseless dirt on John Key when they should have been concerned about an economy in recession.

Michael Cullen was a the centre of this economic mis-management.

I am hoping John Key has used his summer break to put his brilliant economic mind to the question at hand and we will be waiting to see how his Government will put together a package that isn't a socialistic handout but a real economic stimulus where it is needed.

The tax breaks coming up latter this year are going to help and more taxpayer wealth back in taxpayer hands is going to to the business.

We want and need economic stimulus not more of the same welfare mentality that got us in this dire economic position in the first place.


Related Amazon reading

Growing Surplus, Shrinking Debt: The Compelling Case For Tax Cuts Now

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c Political Animal 2009

Tuesday, January 13, 2009

Capital raising set to become popular in 2009

As a shareholder are you feeling generous towards the companies you have in your portfolio?

Whether you are or not you may have to make a choice to chase what could be good money after bad in 2009.

The dearth of cash and credit available from normal sources-like banks-to keep businesses running, especially during the current recession, is undoubtedly going to lead to some New Zealand listed companies putting out their caps to shareholders to enable them to keep trading over the difficult times to come.

There will be some capital raising through; debt raising via bond issues, rights/cash issues and or private placements with big institutions.

Usually the domain of start up companies and especially popular during the tech bubble of the late 1990s, the terms for rights issues and other forms of capital raising was relaxed by the NZX on November 26 2008 as an answer to the credit crunch.

Both rights issues and private placements dilute existing shareholders shareholdings and of course extra debt laden onto company balance sheets through alternative methods of capital raising will impact somewhere down the line.

I would favour a rights issue or private placement myself.

I could speculate here and name a few names that might be ready to pass the begging bowl around-I am not going to-but we can be fairly sure that any company with high to medium borrowings set to mature soon and without sufficient sales and or assets to allow themselves the ability to borrow off a bank is going to have to go to shareholders with the bowl.

Of course the length of time the recession plays out will mean more companies will need to avail themselves of shareholder cash or other methods of capital raising.

There is no guarantee of course that shareholders would be willing, or able, to take a further risk by contributing their hard-earned cash and this shareholder will certainly be wanting the bargain of the century before he plunks down further cash towards any company in the Share Investor Portfolio.

The million dollar question remains though and is a more than likely scenario. What happens if the cash isn't forthcoming?

Short of a mysterious benefactor, one of those struggling investment banks or an angel investor ready to take a big slice of the company, the answer is of course bankruptcy.

Time to get out the checkbook?


Recent Share Investor reading

Long vs Short: The Warehouse Group

February 2009 reporting season to headline a bad year
Share Investor's 2009 stock picks

Shareinvestorforum.com - Discuss this topic

Related links

NZX release on capital raising relaxation (PDF)


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c Share Investor 2009

Monday, January 12, 2009

"Rag Heads" unite in hatred of the West.

Lebanonmuslims

The Muslim "celebration" of Ashoura where paritipants beat their self inflicted wounds.


As bad as the current war on terror is that the Israelis are fighting in the Gaza strip, what worries me more are the violent protests around the world by the mad as hell Muslims and their deluded sympathizers.

The mad leading the blind ignorant.

We in the West seem to put up with this sort of shite because it is their democratic right to be offensive and law breaking just because Israelis are standing up for themselves in their land against an oppressive, murderous bunch of knuckle draggers who want to see you wiped from the face of the earth.

Its a bizarre state of affairs to see the head of the Mad Muslims in Britain expect an apology from Prince Harry for calling a friend a "rag head" and fail to even whisper a word against his compatriots in Gaza when they purposefully kill innocent Israelis, and a few thousand Americans die on Sept 11, 2001 because of a hatred of things American and criticism of it seems as scarce as a Muslim with a penchant to eat pork with a Jewish mate.

This whole sorry state of affairs is best encapsulated in the best seller from Mark Steyn, American Alone: The End of the World as We Know it

This following excerpt from his book is a good conclusion to this post:

But you never know: It might be that we're the plankton. "Our enemies are small worms," Adolf Hitler told his generals in August 1939. "I saw them at Munich." In Europe today, as in the thirties, the political class prostrates itself before an insatiable force that barely acknowledges the latest surrender before moving on to the next invented grievance.

Indeed, a formal enemy is all but superfluous to requirements. Bomb us, and we agonize over the "root causes." Decapitate us, and our politicians rush to the nearest mosque to declare that "Islam is a religion of peace." Issue bloodcurdling calls at Friday prayers to kill all the Jews and infidels, and we fret that it may cause a backlash against Muslims. Behead sodomites and mutilate female genitalia, and gay groups and feminist groups can't wait to march alongside you denouncing Bush and Blair. Murder a schoolful of children, and our scholars explain that to the "vast majority" of Muslims "jihad" is a harmless concept meaning "healthy-lifestyle low-fat granola bar." Thus the lopsided valse macabre of our times: the more the Islamists step on our toes, the more we waltz them gaily round the room.

I will be posting more excerpts from his book as the madness in the Middle East and in the "Muslim World" globally continues.

It is worth a read in the light of the latest Muslim attacks.


Related Amazon reading

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c Political Animal & Mark Steyn 2009




Saturday, January 10, 2009

Long vs Short: The Warehouse Group

http://chart.bigcharts.com/custom/fairfax-com-nz/chart.asp?rnd=0.3338466193181723&style=2242&symb=WHS&size=1&type=64&time=10yr&freq=1dy&comp=&compidx=NZ50G%7E1392984&ma=&maval=&lf=&lf2=&lf3=&uf=16384&arrowdates=&arrowlegend=&country=NZ&sid=162937

In this third installment of the Long vs Short series I am once again going to take look at the chart comparisons for a stock from the Share Investor Portfolio and compare the 10 year return (above) to the turmoil of the last year with a 1 year return chart (bottom of post).

In this series I want to show the merits of investing, using charts, for the long-term vs short term gains or losses. I will use the longest available data to me for the long-term view and will compare against the NZX50.


My Portfolio

Symbol
Price
Value
Earned
$3.63
$29040
$-11760
You own 8000 [WHS.NZ] shares
purchased at $5.10 [$40800]



The third stock in the series will be The Warehouse Ltd [WHS.NZ] which I have held in this particular portfolio for 16 months, so the returns will clearly not be as good as the longer term companies in my portfolio and will mirror more closely the one year chart (see bottom of post) rather than the 10 year one, which shows a healthy 270% return.

After dividends and tax credits are taken into consideration, my 16 month return is minus 25% ( see small chart above)pretty much the same as the one year return indicated in the chart below and par for the course considering the current market depression.

The long-term hold proposition wins again with the 270% or annualised 27% return beating any other stock in my portfolio.

Shame I haven't held it for 10 years though.


http://chart.bigcharts.com/custom/fairfax-com-nz/chart.asp?rnd=0.3338466193181723&style=2242&symb=WHS&size=1&type=64&time=1yr&freq=1dy&comp=&compidx=NZ50G%7E1392984&ma=&maval=&lf=&lf2=&lf3=&uf=16384&arrowdates=&arrowlegend=&country=NZ&sid=162937


Long vs Short series

Mainfreight Ltd
Sky City Entertainment


The Warehouse Group @ Share Investor

Warehouse bidders ready to lay money down
The Warehouse set to cut lose "extra" impediment
The Warehouse sale could hinge on "Extra" decision
The case for The Warehouse without a buyer
Foodstuffs take their foot off the gas
Woolworths seek leave to appeal to Supreme Court
Warehouse appeal decision imminent
Warehouse decision a loser for all
Warehouse Court of appeal decision in Commerce Commission's favour
MARKETWATCH: The Warehouse
The Warehouse takeover saga continues
Why did you buy that stock? [The Warehouse]
History of Warehouse takeover players suggest a long winding road
Court of Appeal delays Warehouse bid
The Warehouse set for turbulent 2008
The Warehouse Court of Appeal case lay in "Extras" hands
WHS Court of Appeal case could be dismissed next week
Commerce Commission impacts on the Warehouse bottom line
The Warehouse in play
Outcomes of Commerce Commission decision
The fight for control begins soon

Share Investor Forum-Discuss this topic


Related Links

The Warehouse Financial Data

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c Share Investor 2009

Thursday, January 8, 2009

Pro murder protestors blinded by ignorance and hatred for the West

While rockets from mad Muslim Palestinians target innocent Israelis in schools, buses and their homes, ignorant fools such as John Minto and Keith Locke from the Green Party protest to support this sort of in discriminant killing and terrorist acts by picking on an innocent Israeli, Shahar Peer, a participant in the 2009 ASB Tennis Classic in Auckland, New Zealand.


If these haters of the Western way of life detest our culture so much and are willing to support mad Palestinian child killers then let me be the first to tell them to fuck-off and go and join their mad Muslim comrades in the Gaza Strip.

These people are dangerous, they don't fit in here and are ignorant of the facts of what has happened in the Middle East in the past and what is happening currently.

Similar protests worldwide wallow in similar ignorance and are blinded by their hatred for the West and all it stands for.

Shahar Peer lost her match against Russian top-seed Elena Dementieva and the rent a crowd shouting crap from outside Stanley Street certainly didn't help her case.

They wanted Shahar to withdraw from the tournament.

She will be back next year so good on her for standing up to the senseless bullying.


Shahar Peer in action today at Stanley St, against world number 4, Elena Dementieva.


c Political Animal 2009



Wednesday, January 7, 2009

February 2009 reporting season to headline a bad year

Welcome back to the Share Investor Blog for 2009.

I wish you all an especially prosperous year after the routing we have all had to our wealth last year.

Lets get back to business!

The first real indication of how the global recession has affected New Zealand business, in terms of profit and sales, will be of course the coming reporting season, which kicks off in February.

We have already had some indication of what might lay ahead.

August 2008 reporting season was flat to lack lustre and profit warnings from several companies pre-Christmas, especially retailers (with the notable exception of The Warehouse [WHS.NZ] which only saw a 1.9% same store sales report out today), which have taken the shine off Feb 2009.

The six months to February 2009 will show a good 3-4 months of trading for New Zealand NZX listed companies, under the economic gloom that kicked off in October 2008, with massive market corrections, credit difficulties and the collapse of some large American business icons, bailouts of banks, car makers and a host of other businesses, large and small.

It isn't going to be pretty.

While companies like Contact Energy[CEN.NZ], Sky City Entertainment[SKC.NZ], Vector [VCT.NZ], Trustpower [TPW.NZ] are likely to have solid profit results, businesses such as Nuplex [NPX.NZ], Pumpkin Patch [PPL.NZ] and Rakon [RAK.NZ] are going to disappoint.

Furthermore we will be able to get a better grip on how company management see the 2009 business year going.

To be sure many companies have already ditched any accurate forecast for the coming year but shareholder should expect to see comments that will elucidate company fortunes.

This will enable us all to more accurately gauge the value of companies in this market turmoil and ascertain as to whether the stockmarket drop over the last 6 months or so has been overdone or not.

I'm picking the market has been oversold, as it usually does in times of fear.

The meek amongst us will decide to sell our shares and others, like me, will then be more able to decide-another market explosion excepted* and that is very possible- when to start buying stocks again.

Make no mistake, 2009 isn't going to be a great year for the economy, business, stocks or any other asset but it is certainly going to separate the wheat from the chaff.

* some commentators are picking the commercial property bubble bursting. The only bubble left to burst.

Disclosure: I own SKC & PPL.

Recent Share Investor reading

Share Investor's 2009 stock picks

Long VS Short: Sky City Entertainment


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Forecasting Company Profits
Forecasting Company Profits by Fred Wellings
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c Share Investor 2009