Cake or Death: Giuliani hammers Democrats for being pinko commie peace-mongers

Al Gore says global warming is YOUR fault!
"He betrayed this country! He played on our fears!"
You don't say...

September 18th, 2007

Fed Cuts Benchmark Rate Half Point, Seeking to Forestall Recession in U.S. - "The Federal Reserve lowered its benchmark interest rate by a half point to 4.75 percent, the first cut in four years, to protect the U.S. from sinking into a recession sparked by fallout from the housing-market collapse. 'Today's action is intended to help forestall some of the adverse effects on the broader economy that might otherwise arise from the disruptions in financial markets,' the Federal Open Market Committee said in a statement after meeting today in Washington. The central bank will 'act as needed to foster price stability and sustainable economic growth.' Stocks surged, two-year Treasury notes rose and the dollar fell to a record low against the euro. The larger-than-forecast reduction suggests Chairman Ben S. Bernanke is prepared to leave himself open to criticism that he's rescuing investors from bad decisions for the sake of saving the six-year expansion."
U.S. Producer Prices Drop More Than Forecast; Foreclosures on Homes Double - "The 1.4 percent decrease, the biggest since October, followed a 0.6 percent increase in July, the Labor Department said today in Washington. So-called core prices, which exclude fuel and food costs, rose 0.2 percent after a 0.1 percent gain the month before. Slower inflation gave policy makers room to cut their benchmark rate today in an effort to sustain the expansion in the face of a housing recession. A drop in fuel expenses pushed prices down in August and cooling economic growth will continue to restrain raw-material costs, economists said."

September 14th, 2007

U.S. Retail Sales, Output Rise Less Than Forecast, Adding to Rate-Cut Case - "The 0.3 percent increase in sales during August followed a revised 0.5 percent gain in July, the Commerce Department said today in Washington. Purchases excluding automobiles unexpectedly fell 0.4 percent. Production gained 0.2 percent, with factory output declining for the first time since February. While a report from the University of Michigan and Reuters Group Plc showed consumer confidence increased, their sentiment index remained near the lowest level in a year. Treasury notes rallied after the retail sales and production reports, before losing the gains."

September 13th, 2007

Greenspan Says He Didn't Foresee Credit Rout, Endorses Bernanke, CBS Says - "Current Fed Chairman Ben S. Bernanke 'is doing an excellent job,' Greenspan said in an interview on the 60 Minutes program, according to excerpts e-mailed by CBS today. The show is scheduled to air on Sept. 16, a day before the publication of Greenspan's book, 'The Age of Turbulence.' The remarks come amid criticism among some investors that Bernanke has failed to be as forceful as his predecessor in responding to financial turmoil. Greenspan in 1998 cut interest rates three times after a Russian debt default rippled through global markets. Bernanke's Fed has refrained from lowering its benchmark so far, relying on other tools to provide liquidity."
Commercial-Paper Market Decline in U.S. Slows as Concerns Over Credit Ease - "U.S. stocks rose and Treasuries fell after the Federal Reserve reported short-term debt dropped by $8.2 billion, compared with a decline of $31.3 billion a week earlier. That coincided with Countrywide Financial Corp. obtaining new financing and banks finding buyers for loans to fund Kohlberg Kravis Roberts & Co.'s buyout of Alliance Boots. Issuers with the biggest chance of default had stopped trying to sell commercial paper, rekindling appetite for short- term debt, said Tony Crescenzi, chief bond market strategist at Miller Tabak & Co. in New York. 'Investors have already pushed out the weakest issuers,' Crescenzi said in an e-mail. 'The commercial paper that remains is a relatively more respected crop.'"

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Thursday, April 26, 2007

Giuliani hammers Democrats for being pinko commie peace-mongers

There's so many good quotes in this speech it's hard to narrow it down...

“But the question is how long will it take and how many casualties will we have?” Giuliani said. “If we are on defense [with a Democratic president], we will have more losses and it will go on longer.”

“I listen a little to the Democrats and if one of them gets elected, we are going on defense,” Giuliani continued. “We will wave the white flag on Iraq. We will cut back on the Patriot Act, electronic surveillance, interrogation and we will be back to our pre-Sept. 11 attitude of defense.”

He added: “The Democrats do not understand the full nature and scope of the terrorist war against us.”

[...] “This war ends when they stop coming here to kill us!” Giuliani said in his speech. “Never, ever again will this country ever be on defense waiting for [terrorists] to attack us if I have anything to say about it. And make no mistake, the Democrats want to put us back on defense!”

Giuliani said terrorists “hate us and not because of anything bad we have done; it has nothing to do with Israel and Palestine. They hate us for the freedoms we have and the freedoms we want to share with the world.”

Giuliani continued: “The freedoms we have are in conflict with the perverted, maniacal interpretation of their religion.” He said Americans would fight for “freedom for women, the freedom of elections, freedom of religion and the freedom of our economy.”

Addressing the terrorists directly, Giuliani said: “We are not giving that up, and you are not going to take it from us!”

Amen Rudy!

Now if only we could steer you a little further to the right on some of those social issues you'd be damn near the perfect candidate.

Labels: Democrats, Giuliani

Link to me! Posted by jwookie : 4:47 PM

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