There are so many things to talk about this evening. We had the Dow, which plummeted over a 1,000 points today, and finally finished down nearly 350 points. Fear of PIIG ( Portugal, Ireland, Italy, Greece) defaulting on their loans has sparked sharp sell offs recently. These fears aren’t contained to just these countries, investors believe that the United Kingdom may default on its debt. What do all these countries have in common- socialist governments. These countries continue to borrow, spend, and increase taxes in order to subsidize government social programs. As they raise taxes, less revenue is brought in, because the incentive to work is eliminated while the incentive to not work is rewarded. The crisis in these countries are a harbinger to what the United States will soon face unless we control our debt, but cutting spending and eliminate the incentive to not work.
Did you hear about the student they were suspended for wearing a t-shirt with the American flag yesterday? Yes, the principal of a school sent students home for refusing to turn their t-shirts that were displaying the American flag inside out, because the principal said that it could incite violence. Yesterday was cinqo de Mayo and the principal didn’t want to offend any Mexicans. I guess liberals feel that Mexicans would be offended in America, sitting in an American school, getting an American education, paid for by American taxpayers if Americans wore t-shirts with American flags.
So, did you hear about the Black only field trip for an elementary school in Ann Arbor, Michigan? Probably not. While civil rights groups in Wake County in North Carolina complain about the ending of busing in the county, in Ann Arbor Black students were taken on a field trip to hear a Black rocket scientist while White and Muslim students remained in class. District spokeswoman Liz Margolis said after the trip was over, those who went returned to their fifth-grade class and were greeted by boos by those who didn’t go on the trip. Margolis said Principal Madison, who is black, heard the boos, and went to talk to the class. She said he and the class had a “discussion” about race issues. “He wasn’t yelling at them. He was very passionate about it,” Margolis said. Parents have complained he was yelling at the class and belittled a Muslim girl who said she also had experienced racism and discrimination. This type of discrimination is accepted by liberals. I suppose the Principal will get a raise for his “insight” and perhaps a special visit by Al Sharpton who will pat him on the back.
Did you hear about the 13 story mosque (yes 13) going up next to the site of the 9-11 terror attack in New York City? Two Muslim organizations have partnered to open the mosque and cultural center in lower Manhattan, saying the $100 million project will create a venue for mainstream Islam and a counterbalance to radicalism. Some 9-11 families are upset that a mosque would be built in one of the damaged 9-11 buildings.
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