Negro permissable, Patterson says reprehensible, Gas soars, jobs decline, Simon Cowell out

1.  Ann Coulter asks Al Sharpton if he’s been asked not to use his “Negro Dialect” in the video above.  It’s a must watch!

2. David Paterson said remarks about Barack Obama attributed to Senate Majority Leader Harry Reid, D-Nev., in a newly published book are “reprehensible”.  Finally, a Democrat who can speak some truth.

3.  Gasoline prices are soaring toward the $3 a gallon range.  If you recall, Democrats were demanding an investigation of Bush and Cheney and their ties to big oil when prices were in the mid $2 range.  Of course, that’s when we had 4.4% unemployment and the world economy was doing fantastic.  I wonder why gas is hovering at $3 with unemployment at 10% and the world economy is struggling.  Do you think that Democrats will call for Obama to be investigated? Double standard.

4.  Remember the tired old mantra the Democrats like to spew- Republicans are for the rich?  Well, since the Democrats have been in charge the UK Telegraph writes:

The labour force contracted by 661,000. This did not show up in the headline jobless rate because so many Americans dropped out of the system. The broad U6 category of unemployment rose to 17.3pc. That is the one that matters.

Wall Street rallied. Bulls hope that weak jobs data will postpone monetary tightening: a silver lining in every catastrophe, or perhaps a further exhibit of market infantilism.

The home foreclosure guillotine usually drops a year or so after people lose their job, and exhaust their savings. The local sheriff will escort them out of the door, often with some sympathy –– just like the police in 1932, mostly Irish Catholics who tithed 1pc of their pay for soup kitchens.

Realtytrac says defaults and repossessions have been running at over 300,000 a month since February. One million American families lost their homes in the fourth quarter. Moody’s Economy.com expects another 2.4m homes to go this year. Taken together, this looks awfully like Steinbeck’s Grapes of Wrath.

5.  So it’s official, Simon Cowell is to quit American Idol and head X Factor.  Sources confirmed to Hollywood Reporter exclusively that Cowell will quit the top-rated show on television at the end of this season as part of his plan to focus on launching a new series, “The X-Factor.” Fox has picked up “Factor” for the fall of 2011, when “Idol” is on hiatus.

Tune into JohnPaulus.com as we will have live chat coverage of American Idol Season 9.

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