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    <title>Drudge Retort: IraqiBukkake's blog</title>
    <link>http://www.drudge.com/user/IraqiBukkake</link>
    <description>New links and comments.</description>
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      <title>Neocon Dream: The Right Loves Obama Foriegn Policy Team</title>
      <link>http://www.drudge.com/news/115431/neocon-dream-right-loves-obama-foriegn</link>
      <wordzilla:destination>http://www.commentarymagazine.com/blogs/index.php/boot/44551</wordzilla:destination>
      <description>Max Boot:  As someone who was skeptical of Obama's moderate posturing during the campaign, I have to admit that I am gobsmacked by these appointments , most of which could just as easily have come from a President McCain. ...This all but puts an end to the 16-month timetable for withdrawal from Iraq, the unconditional summits with dictators, and other foolishness that once emanated from the Obama campaign. His appointments suggest that, if anything, his administration will have a Reapolitiker, rather than a liberal, bent, although Clinton and Steinberg at State should be powerful voices for &quot;neo-liberalism&quot; which is not so different in many respects from &quot;neo-conservativism&quot;. Both, for instance, support humanitarian interventions in places like Darfur and Bosnia.</description>
      <pubDate>Sun, 30 Nov 2008 12:43:08 -0500</pubDate>
      <dc:creator>IraqiBukkake</dc:creator>
      <comments>http://www.drudge.com/news/115431/neocon-dream-right-loves-obama-foriegn#discuss</comments>
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    <item>
      <title>The Krugman Recipe for Depression</title>
      <link>http://www.drudge.com/news/115413/krugman-recipe-depression</link>
      <wordzilla:destination>http://online.wsj.com/article/SB122792327402265913.html</wordzilla:destination>
      <description>Paul Krugman of the New York Times has been on the attack lately in regard to the New Deal. His new book &quot;The Return of Depression Economics,&quot; emphasizes the importance of New Deal-style spending. He has said the trouble with the New Deal was that it didn't spend enough.&lt;p&gt;The New Deal is Mr. Obama's context for the giant infrastructure plan his new team is developing. If he proposes FDR-style recovery programs, then it is useful to establish whether those original programs actually brought recovery. The answer is, they didn't. New Deal spending provided jobs but did not get the country back to where it was before.</description>
      <pubDate>Sat, 29 Nov 2008 17:42:19 -0500</pubDate>
      <dc:creator>IraqiBukkake</dc:creator>
      <comments>http://www.drudge.com/news/115413/krugman-recipe-depression#discuss</comments>
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      <title>Juan Cole: Afghani Article Says US/Bin Ladin Hunt A Fraud</title>
      <link>http://www.drudge.com/news/115059/juan-cole-afghani-article-says-usbin-ladin</link>
      <wordzilla:destination>http://www.juancole.com/2008/11/afghan-article-says-us-bin-ladin-hunt.html</wordzilla:destination>
      <description>So, the rumour was right: French soldiers trapped Usamah Bin-Ladin, but were not allowed by the Americans to arrest the apparent fugitive leader of Al-Qa`idah.  A Bin-Ladin documentary just released by French documentary cinema examines this issue, an issue which has led to heated debate in the French media.&lt;p&gt;This French documentary shows how the Americans are interested in continuing the game, a bloody and expensive game whose victims are only the unprotected and local people of our dry and dusty country.</description>
      <pubDate>Mon, 17 Nov 2008 22:45:01 -0500</pubDate>
      <dc:creator>Iraqibukkake</dc:creator>
      <comments>http://www.drudge.com/news/115059/juan-cole-afghani-article-says-usbin-ladin#discuss</comments>
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      <wordzilla:id>115059</wordzilla:id>
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      <title>Sea Ice Growing at Fastest Rate Ever</title>
      <link>http://www.drudge.com/news/114959/sea-ice-growing-fastest-rate-ever</link>
      <wordzilla:destination>http://www.dailytech.com/Sea+Ice+Growing+at+Fastest+Pace+on+Record/article13385.htm</wordzilla:destination>
      <description>An abnormally cool Arctic is seeing dramatic changes to ice levels. In sharp contrast to the rapid melting seen last year, the amount of global sea ice has rebounded sharply and is now growing rapidly. The total amount of ice, which set a record low value last year, grew in October at the fastest pace since record-keeping began in 1979.</description>
      <pubDate>Sat, 15 Nov 2008 14:31:58 -0500</pubDate>
      <dc:creator>Iraqibukkake</dc:creator>
      <comments>http://www.drudge.com/news/114959/sea-ice-growing-fastest-rate-ever#discuss</comments>
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      <category>news,</category>
      <wordzilla:id>114959</wordzilla:id>
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      <title>Iraq Demands All US Troops Out by 2011</title>
      <link>http://www.drudge.com/news/114314/iraq-demands-all-us-troops-out-2011</link>
      <wordzilla:destination>http://www.timesonline.co.uk/tol/news/world/iraq/article5032531.ece</wordzilla:destination>
      <description>Iraq has demanded a clear commitment from the US that its forces will have left its soil by the end of 2011. The stance was revealed in a newly toughened-up version of a draft military pact that could eventually see the US presence forced to make their exit much sooner.</description>
      <wordzilla:extended>With time fast running out to seal the deal, the Iraqi Cabinet today gave Nouri al-Maliki, the Prime Minister, approval to submit a series of proposed amendments to the US side for further negotiation.
&lt;p&gt;The changes would eliminate any possibility of the US military staying in the country for more than another three years, according to the source. A previous draft linked the pullout with security conditions on the ground, raising the possibility of the US troop presence being extended.</wordzilla:extended>
      <pubDate>Wed, 29 Oct 2008 18:30:18 -0400</pubDate>
      <dc:creator>Iraqibukkake</dc:creator>
      <comments>http://www.drudge.com/news/114314/iraq-demands-all-us-troops-out-2011#discuss</comments>
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      <category>news,</category>
      <wordzilla:id>114314</wordzilla:id>
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      <title>Our President's Health Matters</title>
      <link>http://www.drudge.com/news/113707/our-presidents-health-matters</link>
      <wordzilla:destination>http://www.drmcdougall.com/misc/2008nl/sep/presidents.htm</wordzilla:destination>
      <description>All voting US citizens will have to weigh the strengths and weaknesses of John McCain and Barack Obama when voting November 4, 2008 to choose the President of the United States. The personal health of these two candidates will play a determining role in their performance over the next four to eight years.</description>
      <pubDate>Wed, 15 Oct 2008 16:21:02 -0400</pubDate>
      <dc:creator>IraqiBukkake</dc:creator>
      <comments>http://www.drudge.com/news/113707/our-presidents-health-matters#discuss</comments>
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      <category>discussion,</category>
      <wordzilla:id>113707</wordzilla:id>
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      <title>Now Wall Street may shun $700bn bail-out</title>
      <link>http://www.drudge.com/news/113295/now-wall-street-may-shun-700bn-bail-out</link>
      <wordzilla:destination>http://www.guardian.co.uk/business/2008/oct/05/wall.street.bailout</wordzilla:destination>
      <description>Wall Street analysts believe the addition of so many terms to the bill might deter potential participants.&lt;p&gt;One of the least attractive elements is a section designed to curb executive pay at banks that participate in the bail-out package. These include limiting stock-related pay and banning 'golden parachutes' for executives.</description>
      <pubDate>Mon, 06 Oct 2008 07:53:48 -0400</pubDate>
      <dc:creator>Iraqibukkake</dc:creator>
      <comments>http://www.drudge.com/news/113295/now-wall-street-may-shun-700bn-bail-out#discuss</comments>
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    <item>
      <title>Commentary: Bankruptcy, not bailout, is the Answer</title>
      <link>http://www.drudge.com/news/113059/commentary-bankruptcy-not-bailout</link>
      <wordzilla:destination>http://www.cnn.com/2008/POLITICS/09/29/miron.bailout/index.html</wordzilla:destination>
      <description>This bailout was a terrible idea. Here's why.</description>
      <wordzilla:extended>The current mess would never have occurred in the absence of ill-conceived federal policies. The federal government chartered Fannie Mae in 1938 and Freddie Mac in 1970; these two mortgage lending institutions are at the center of the crisis. The government implicitly promised these institutions that it would make good on their debts, so Fannie and Freddie took on huge amounts of excessive risk.
&lt;p&gt;</wordzilla:extended>
      <pubDate>Tue, 30 Sep 2008 11:15:40 -0400</pubDate>
      <dc:creator>IraqiBukkake</dc:creator>
      <comments>http://www.drudge.com/news/113059/commentary-bankruptcy-not-bailout#discuss</comments>
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      <title>Treasury: We Pulled Bailout Numbers From Our Ass</title>
      <link>http://www.drudge.com/news/113021/treasury-we-pulled-bailout-numbers-our</link>
      <wordzilla:destination>http://www.forbes.com/businessinthebeltway/2008/09/23/bailout-paulson-congress-biz-beltway-cx_jz_bw_0923bailout.html</wordzilla:destination>
      <description>Hows this for fearmongering?&lt;p&gt;&lt;i&gt;In fact, some of the most basic details, including the $700 billion figure Treasury would use to buy up bad debt, are fuzzy.&lt;p&gt;&quot;It's not based on any particular data point,&quot; a Treasury spokeswoman told Forbes.com Tuesday. &quot;We just wanted to choose a really large number.&quot; &lt;/i&gt;</description>
      <pubDate>Mon, 29 Sep 2008 17:12:53 -0400</pubDate>
      <dc:creator>IraqiBukkake</dc:creator>
      <comments>http://www.drudge.com/news/113021/treasury-we-pulled-bailout-numbers-our#discuss</comments>
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      <wordzilla:id>113021</wordzilla:id>
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    <item>
      <title>Palin Moratorium While Our Country Is Murdered?</title>
      <link>http://www.drudge.com/news/113007/palin-moratorium-while-our-country</link>
      <wordzilla:destination>http://www.tombstonebuilder.com/</wordzilla:destination>
      <description>Who cares about the end of our country, Sarah Palin wears no panties!</description>
      <pubDate>Mon, 29 Sep 2008 11:45:42 -0400</pubDate>
      <dc:creator>IraqiBukkake</dc:creator>
      <comments>http://www.drudge.com/news/113007/palin-moratorium-while-our-country#discuss</comments>
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      <wordzilla:id>113007</wordzilla:id>
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      <title>Fed Pumps $630 Billion Into Financial System</title>
      <link>http://www.drudge.com/news/113006/fed-pumps-630-billion-into-financial-system</link>
      <wordzilla:destination>http://www.bloomberg.com/apps/news?pid=20601087&#x26;sid=ahwz_k5JvuB8&#x26;refer=worldwide</wordzilla:destination>
      <description>Why debate when you can inflate?</description>
      <pubDate>Mon, 29 Sep 2008 11:39:22 -0400</pubDate>
      <dc:creator>IraqiBukkake</dc:creator>
      <comments>http://www.drudge.com/news/113006/fed-pumps-630-billion-into-financial-system#discuss</comments>
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      <category>discussion,</category>
      <wordzilla:id>113006</wordzilla:id>
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      <title>192 Leading Economists Oppose Bailout</title>
      <link>http://www.drudge.com/news/112991/192-leading-economists-oppose-bailout</link>
      <wordzilla:destination>http://faculty.chicagogsb.edu/john.cochrane/research/Papers/mortgage_protest.htm</wordzilla:destination>
      <description>To the Speaker of the House of Representatives and the President pro tempore of the Senate: As economists, we want to express to Congress our great concern for the plan proposed by Treasury Secretary Paulson to deal with the financial crisis.</description>
      <wordzilla:extended>We are well aware of the difficulty of the current financial situation and we agree with the need for bold action to ensure that the financial system continues to function. We see three fatal pitfalls in the currently proposed plan:
 
1) Its fairness. The plan is a subsidy to investors at taxpayers' expense. Investors who took risks to earn profits must also bear the losses.  Not every business failure carries systemic risk. The government can ensure a well-functioning financial industry, able to make new loans to creditworthy borrowers, without bailing out particular investors and institutions whose choices proved unwise.
 
2) Its ambiguity. Neither the mission of the new agency nor its oversight are clear. If  taxpayers are to buy illiquid and opaque assets from troubled sellers, the terms, occasions, and methods of such purchases must be crystal clear ahead of time and carefully monitored afterwards.
&lt;p&gt;3) Its long-term effects.  If the plan is enacted, its effects will be with us for a generation. For all their recent troubles, America's dynamic and innovative private capital markets have brought the nation unparalleled prosperity.  Fundamentally weakening those markets in order to calm short-run disruptions is desperately short-sighted.
&lt;p&gt;For these reasons we ask Congress not to rush, to hold appropriate hearings, and to carefully consider the right course of action, and to wisely determine the future of the financial industry and the U.S. economy for years to come.</wordzilla:extended>
      <pubDate>Sun, 28 Sep 2008 22:15:28 -0400</pubDate>
      <dc:creator>Iraqibukkake</dc:creator>
      <comments>http://www.drudge.com/news/112991/192-leading-economists-oppose-bailout#discuss</comments>
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      <category>discussion,</category>
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      <title>What Caused Our Economic Crisis?</title>
      <link>http://www.drudge.com/news/112952/caused-our-economic-crisis</link>
      <wordzilla:destination>http://www.youtube.com/watch?v=H5tZc8oH--o</wordzilla:destination>
      <description>A highly informative video that traced the cause of our current crisis that had its roots planted 12 years ago.&lt;p&gt;Don't really care for the last minute...but the first 8 and a half are interesting.</description>
      <pubDate>Sat, 27 Sep 2008 17:02:22 -0400</pubDate>
      <dc:creator>Iraqibukkake</dc:creator>
      <comments>http://www.drudge.com/news/112952/caused-our-economic-crisis#discuss</comments>
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      <category>discussion,</category>
      <wordzilla:id>112952</wordzilla:id>
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      <title>White House: We've Planned Bailout for Months</title>
      <link>http://www.drudge.com/news/112858/white-house-weve-planned-bailout-months</link>
      <wordzilla:destination>http://www.rollcall.com/news/28599-1.html?type=printer_friendly</wordzilla:destination>
      <description>White House Deputy Press Secretary Tony Fratto insisted that the bailout plan was not slapped together and had been drawn up as a contingency over previous months and weeks by administration officials.</description>
      <pubDate>Thu, 25 Sep 2008 18:30:53 -0400</pubDate>
      <dc:creator>IraqiBukkake</dc:creator>
      <comments>http://www.drudge.com/news/112858/white-house-weve-planned-bailout-months#discuss</comments>
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      <wordzilla:id>112858</wordzilla:id>
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      <title>BBC:  23 Billion Missing In Iraq</title>
      <link>http://www.drudge.com/news/112859/bbc-23-billion-missing-iraq</link>
      <wordzilla:destination>http://news.bbc.co.uk/2/hi/middle_east/7444083.stm</wordzilla:destination>
      <description>A BBC investigation estimates that around $23bn (11.75bn) may have been lost, stolen or just not properly accounted for in Iraq.&lt;p&gt;The BBC's Panorama programme has used US and Iraqi government sources to research how much some private contractors have profited from the conflict and rebuilding.&lt;p&gt;A US gagging order is preventing discussion of the allegations.</description>
      <pubDate>Thu, 25 Sep 2008 12:48:52 -0400</pubDate>
      <dc:creator>IraqiBukkake</dc:creator>
      <comments>http://www.drudge.com/news/112859/bbc-23-billion-missing-iraq#discuss</comments>
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