One Step Ahead Of The Gulf Cartel

Discretion is the better part of valor.

Found! Accused Scammer Stanford Turns in Passport in Washington

The billionaire banker accused of scamming $8 billion, R. Allen Stanford, was located by FBI officials today and served with civil papers by the SEC, putting an end to a nationwide search.

Stanford later turned in his passport to federal prosecutors, saying “he would not flee,” according to one of Stanford’s lobbyists, Ben Barnes.

Stanford was located in the Fredericksburg, Virginia area, the FBI said in a statement.

Damn right he turned himself in! As an exposed money launderer for the Gulf Cartel, he is almost surely contracted for death. Who’s scarier, the FBI or the most violent drug gang in Mexico?

See also:
Birds Of A Feather
Stanford Retains Williams & Connolly
Dodd Says He’ll Return Accused Financier’s Contributions
Stanford Burns Latin Americans Seeking Shelter From Currencies
Bank run by Stanford keeps mum while under scrutiny
Venezuela seizes Stanford bank after online run
Big run on Antigua bank; Stanford whereabouts unknown
Barbados Free Press
Williams & Connolly
Federal Bureau of Investigation

/mark my words, as degenerate as Stanford is, someone will stoop low enough make a movie of his life

Springtime In Gaza

The usual suspects are out and about enforcing the new U.S. foreign policy, sucks to be Israel in the Obama age.

In Gaza, US lawmakers push for progress

Three US lawmakers, including Sen. John Kerry, visited the Gaza Strip on Thursday, the first trip there by US congressmen in eight years and an indication, according to Rep. Brian Baird, of a change in the US approach to Gaza.

Baird (D-Wash) toured Gaza in the morning together with Rep. Keith Ellison (D-Minn), Congress’s first Muslim member. They were followed in the afternoon by Kerry (D-Mass), who heads the Senate’s Foreign Relations Committee.

The visits, which were coordinated with Israel, were organized by the United Nations. Except for rare occasions, US embassy and consular officials have been prohibited by Washington from entering Gaza since the 2003 killing of three US security contractors.

Hamas ‘sends Barack Obama letter’

The Palestinian group Hamas has sent a letter addressed to the US president via a US politician visiting Gaza, a senior UN official has said.

UN relief agency chief Karen Abu Zayd told the BBC the letter had been received by the UN and passed on.

She did not say if Senator John Kerry had accepted it, and there were no details about the letter’s contents.

The US views Hamas, which seized control of Gaza in 2007, as a terrorist organisation and will not deal with it.

A former presidential candidate, Mr Kerry was visiting Gaza with US congressmen Brian Baird and Keith Ellison in the first such visit to the Hamas-run Strip since 2007.

Rep. Ellison says he isn’t assigning blame, but finds destruction hard to understand

Rep. Keith Ellison, one of the first high-level U.S. officials to enter the Gaza Strip in more than three years, said he is haunted by the scenes of destruction from Israel’s recent military incursion.

“I have an image of a woman sitting in the rubble of her home burned in my head,” the Minnesota Democrat said in a cell phone interview Thursday on his way back to an Israeli check-point.

/gee, I wonder if Keith has the Hamas Charter and it’s call for the destruction of Israel burned in his head, and whether he agrees with it?

The Shot Heard Round Chicago And Spreading

Santelli’s Chicago Tea Party

A must see TV rebellion.

NRO Talks to CNBC’s Rick Santelli

Earlier today, Kathryn posted a link to the video of CNBC’s Rick Santelli giving voice to what he described as a groundswell of discontent over the president’s new mortgage plan. I caught up with Santelli just moments ago and talked to him about what he says has been “kind of a crazy day.”

National Review Online: Were you expecting anything like this reaction?

Rick Santelli: Not at all, not at all. It was just, after 48 hours of listening to hundreds of people trying to approach me on floors, on trains, everywhere, the opinions were almost unanimous, and I just tried to pick up that thread. The pits weren’t open at the time and the traders that were on the floor getting ready for the opening all started to gravitate to where I was talking, and it just took on a life of its own.

NRO: When we posted a link to the video, we were swamped with e-mails in support, including a couple from traders at the Board of Trade in Chicago, who have been saying right on. How have the e-mails that you’ve been getting, how have they been running?

Santelli: I’ll be honest with you, I think I’ve gotten somewhere between 850-900, and I think I had three that were negative.

NRO: What are that small group of critics saying? Where do they think you went wrong?

Santelli: They thought I was uncharitable, got up on the wrong side of the bed, had no compassion for people who are going through rough times, and that isn’t at all the issue. The issue is, you can’t pick out 8 or 9 percent and give them things that weaken the 90 or 92 percent who are carrying the water. You need to come up with legislation that may help the people that need it but not hurt the people that… listen, my 401k’s a 201k, my kid’s college tuition is going up 10 percent. This is tough for everybody. Maybe a tax break, maybe everybody who has a house gets something. They need to quit picking winners and losers, and they have to quit alienating the classes. You have to figure out a way to float all boats, and I think that’s where the administration has gone wrong, and I think that’s the nerve I hit.

NRO: You were also skeptical of the original bailout plan, specifically the way that it seemed to be a “Let’s rush through this and figure out the details later” kind of approach. Do you think your predictions on that have been borne out by events?

Santelli: I remember this all started roughly in the summer of ’07, and at that point, that Halloween that followed in ’07, I think I said something like, Frankenstein derivatives aren’t going to be resuscitated. These bad positions are going to hang around until they’re taken out. As an ex-trader—I traded for 20 years—bad positions don’t go away. There’s not enough money for many of these banks to sell them, because of what it does to their balance sheets. At the end of the day, whether it’s housing or whether it’s toxic derivatives, I just don’t think you can spend your way into correcting something that’s going to be painful and make it not painful. So I think I’ve been kind of spot-on in many ways as to the spending plans.

At the end of the day, it’s simple. A lot of the president’s advisers are saying that there’s a multiplier effect to the government money, and it’s over one. Now if that’s true, then the government should spend non-stop for the rest of our lives, because we’ll get a positive return. And it makes no sense.

NRO: Right. And now it seems we passed this bailout bill without specifying any of the details, it’s kind of become a blank check, and they say that Barack Obama can do something like 80 percent of his homeowner-assistance plan without even asking Congress. So how do you think that plays out in the future?

Santelli: I guess in the end, I believe in the founding fathers, and I believe that in America… the pursuit of happiness and to work hard and keep the fruits of your labor is something I believe in. And I’m not saying we should forget people who need help. But at the end of the day, Americans are strong and they’re charitable. I think what they have a problem with is that it’s force-fed via the government.

See also:
Obama Unveils Mortgage Plan
Obama Proposes Package To Stave Off Foreclosures
Obama unveils $75B mortgage relief plan

Good luck finding any actual, official details of this plan on the White House website or anywhere else on the internet, they don’t exist as far as I can tell. I guess, for now, we’ll all just have to take Obama’s word for it.

/Rick Santelli is the most sane person in America

Nothing To See Here, Move Along

Lawyer: Religion not an issue in NY beheading case

A Muslim-American television executive accused of decapitating his wife remained jailed without bail Wednesday as his lawyer dismissed suggestions that culture played a role in the crime.

Muzzammil “Mo” Hassan, 44, appeared subdued during a brief appearance Wednesday in Orchard Park Village Court, where his lawyer waived his right to a felony hearing.

The beheaded body of Aasiya Hassan, 37, was found last week at the offices of Bridges TV, the Muslim-American television network the couple started to promote understanding between cultures. Hassan was arrested after walking into the police station in this Buffalo suburb Feb. 12 and telling officers his wife was dead.

Orchard Park Police Chief Andrew Benz said his officers had responded to domestic incidents involving the couple in the past. Aasiya Hassan had her husband served with divorce papers a week before her death.

“Culture, religion doesn’t play a role,” said defense attorney James Harrington, reacting to speculation that the crime may have been an “honor killing.” Experts say such killings are still accepted among fanatical Muslim men, including in the couple’s native Pakistan, who feel betrayed by their wives.

“It’s not an issue in this case,” said Harrington, who described the burly businessman as almost in shock.

See also:
Bridges TV
Honor killing
Honor Killings, Illicit Sex, and Islamic Law
“Honor Killing” is Absolutely Islamic!
Thousands of Women Killed for Family “Honor”
Honor Killings Plague Pakistan
Pakistani lawmaker defends honor killings
The Sacred Muslim Practice of Beheading
Beheading in the Name of Islam

Let’s recap, honor killing is common in the Muslim world, even publicly endorsed in the couple’s native Pakistan, and beheadings are also common in Islam, in fact, almost unique to Islam in today’s day and age. So, we’re supposed to believe that this wasn’t an honor killing and that culture and religion didn’t play a role? I mean doesn’t everyone behead their spouse when they’re served with divorce papers?

/got any bridges for sale?

Prison Ahead For Rich And Famous People

UBS Will Disclose Names, Pay $780 Million to End U.S. Tax Case

UBS AG, Switzerland’s largest bank, will pay $780 million and disclose the names of some secret account holders to avoid U.S. prosecution on a charge that it helped thousands of wealthy Americans evade taxes.

The Justice Department accused UBS of conspiring to defraud the U.S. by helping 17,000 Americans hide accounts from the Internal Revenue Service. The U.S. will drop the charge in 18 months if the bank reforms its practices, helps prosecutors and makes payments. UBS will immediately turn over names of about 250 clients, according to people familiar with the matter.

By gaining those names, the U.S. will pierce the veil of Swiss bank secrecy. The IRS, which has sought the names of all U.S. account holders since July, has met resistance from the Swiss government. The final number of account holders Zurich- based UBS must disclose will hinge on future legal battles, according to the agreement.

See also:
UBS AG
UBS to Pay $780 Million Over U.S. Tax Charges
UBS admits helping tax evaders
UBS AG to provide details on U.S. clients to avoid prosecution
United States Department of Justice
Internal Revenue Service

So much for age old myth of the impenetrable secrecy of Swiss bank accounts.

/this is going to be a huge ongoing scandal, I can’t wait until they actually start naming names

Porkapalooza Paying For ACORN To Break The Law (Again)

Bailout Begins A New Round Of Shakedowns

Fresh off the trillion-dollar porkulus bill signing in Denver, President Obama immediately launched into his next New Raw Deal expansion: a massive mortgage entitlement program forcing lenders to refinance at an initial cost of $50 billion to $100 billion.

That’s in addition to the bipartisan-supported $50 billion in the “stimulus” bill to bail out homeowners underwater on their mortgages and the $2 billion in “neighborhood stabilization” funds to alleviate the foreclosure crisis.

In tandem with the White House Bad Borrowers Bailout, Obama’s old friends at the Association of Community Organizations for Reform Now (ACORN) are launching a new campaign of their own: the “Home Savers” campaign. What a coinky-dinky, huh?

As with most of the bully tactics of the radical left-wing group, it ain’t gonna be pretty. They are the shock troops on the streets doing the dirty work while the Community Organizer-in-Chief keeps his delicate hands clean.

Trumpets ACORN: “On Feb. 19, ACORN members will launch a new tactic in fighting foreclosures: civil disobedience. Participants in the ACORN Home Savers campaign nationwide will simply refuse to move out of foreclosed homes, or in some cases, will move back in. ACORN homesteaders intend to squat in their homes until a comprehensive, federal solution for people facing foreclosure is put in place.”

ACORN’s foot soldiers, funded with your tax dollars, will scream, pound their fists, chain themselves to buildings, padlock the doors and engage in illegal behavior until they get what they want. It’s a recipe for anarchy. Threatens Baltimore ACORN’s Louis Beverly, who calls himself a “Foreclosure Fighter”:

“After you’ve used all your legal options, your last resort is civil disobedience. We’re talking about families who have been in their homes 20 or 30 years. People who are assets in the community, who look out for the elderly, who have community associations, and these are the people being kicked out of the community.”

See also:
Obama’s housing entitlement campaign & ACORN’s civil disobedience mob
Refusing to Leave: ACORN Members Step up Fight to Stay in Homes

/your tax dollars at work, funding criminal activity, still have any questions as to why Porkapalooza had to be crammed through Congress before anyone could read it?

Tastes Like Chicken

PHOTO IN THE NEWS: “Extinct” Bird Seen, Eaten

A rare quail from the Philippines was photographed for the first time before being sold as food at a poultry market, experts say.

Found only on the island of Luzon, Worcester’s buttonquail was known solely through drawings based on dated museum specimens collected several decades ago.

Scientists had suspected the species—listed as “data deficient” on the International Union for Conservation of Nature’s 2008 Red List—was extinct.

See also:
International Union for Conservation of Nature

/doesn’t even look like much of a meal