Pelosi’s Excellent Jobs Plan

Close down a major manufacturing plant and put hundreds of workers out on the street, unless they unionize, even if the workers have already rejected the union!

Pelosi Vs. Boeing — And Jobs

“Do you think it’s right that Boeing has to close down that plant in South Carolina because it’s nonunion?” asked host Maria Bartiromo.

Pelosi’s quick answer was “yes.”

Pelosi said she preferred the plant in the right-to-work state would unionize; failing that, the National Labor Relations Board is right to shut down the plant where Boeing hopes to build its Dreamliner passenger aircraft.

Never mind that workers at the South Carolina plant were once unionized and voted to kick the union out. The Vought Aircraft plant, which Boeing purchased in 2009, was once one of Boeing’s suppliers.

See also:
Pelosi: “Yes” The Obama NLRB Should Shut Down Boeing’s Plant In SC
Pelosi Says She Supports Pro-Union NLRB Telling Boeing Where To Build Its Factories…
Unionize, Or Die
Nancy Pelosi Goes ‘Rogue’: Boeing Should Either Close Down SC Plant Or Unionize It
Pelosi: Shut down Boeing in South Carolina
Pelosi: NLRB Should Shut Boeing Plant Down Or Force It to Unionize
Nancy Pelosi To Boeing: Shut SC Plant Down
Rick Santorum says Nancy Pelosi is ‘flat out wrong’ on Boeing comment

That’s right, Democrats like Pelosi believe that not having a job is better than having a good paying nonunion job, even if the workers have already rejected unionization. And why do do Democrats work to destroy nonunion jobs? The answer to that is simple. The unions forcibly collect dues from their members, then the unions donate large amounts of their members’ dues money to elect Democrats, and then the Democrats work to further the Unions’ agenda, so the unions can collect more dues, to elect more Democrats, who work for the unions . . . a never ending, self-reinforcing cycle of political corruption.

/and the wheels on the bus go round and round . . .

Weekly Watch List

ALXN (7/24/11, +15.17%)
DLTR (9/4/11, +10.76%)
HANS (10/16/11, -8.11%)
MA (9/24/11, +5.21%)
NUS (8/28/11, +30.23%)
RGLD (10/30/11, +0.00%)
DG (9/4/11, +8.07%)
CXO (10/30/11, +0.00%)

Additions:
CXO (10/30/11, +0.00%)
RGLD (10/30/11, +0.00%)

Subtractions:
HS (10/16/11, -+33.71%)
LO (10/22/11, -0.89%)

Last week, the major indexes all moved higher. The NYSEcomposite climbed 5%,the Nasdaq and the S&P 500 each added 3.8%, and the Dow gained 3.6%, The IBD outlook remains at “confirmed uptrend”. Play the rally while it lasts.

This week, none of the watch list stocks is at or near a proper buy point.

/as usual, your mileage may vary, always do your own homework

NATO Makes Libya Safe For . . . Al Qaeda

Hey, way to go Obama, Mission Accomplished!

Al-Qaeda flag flies high on top of Benghazi courthouse

The black flag of al-Qaeda has been put on top of a courthouse in the Libyan city of Benghazi, further raising concerns that the country could turn into a Muslim extremist entity.

“There is no God but Allah” was written in Arabic on the flag raised above the streets of Benghazi, considered the heart of the Libyan revolutionaries who toppled Muammar Gaddafi’s regime.

See also:
Flying proudly over the birthplace of Libya’s revolution, the flag of Al Qaeda
Libya: Al Qaeda flag flown above Benghazi courthouse
Islamists fly Al Qaeda flag in Libya
Libya: Flying Al Qaeda Flag, Rumored To Be Imposing Shariah Law
Al-Qaida plants its flag — literally — in Libya
Al Qaeda flag atop Benghazi courthouse fuels Libyan Islamisation fears
Libya: Is al-Qaeda the Main Threat in the Aftermath of the Revolution?
Anti-Qaddafi Forces Flew al-Qaeda Flag During Siege of Sirte
What have NATO and Obama wrought in Libya?
Libya’s turmoil, al-Qaida presence ‘no surprise,’ says White House [VIDEO]

How did we ever get from hunting down al Qaeda all over the world to providing them with air support and handing them control of countries?

/I suspect the will not turn out well for the West

Caught Stealing . . . Again

I thought cyberattacks were supposed to considered acts of war, how long are we going to just keep bending over for this threat to national security behavior?

Chinese Hackers Target Chemical Companies

Chinese hackers tried to penetrate the computer systems of 48 chemical and military-related companies in a late summer cyber attack to steal design documents, formulas and manufacturing processes, a security firm reported Tuesday.

The attack ran from late July to mid-September and appeared to be aimed at collecting intellectual property for competitive advantage, reported Symantec, which code-named the attack Nitro, because of the chemical industry targets. Hackers went after 29 chemical companies and 19 other businesses that made advanced materials primarily used in military vehicles.

See also:
The Nitro Attacks
Stealing Secrets from the Chemical Industry
Nitro Attack: Points of interest
“Nitro” spear-phishers attacked chemical and defense company R&D
‘Nitro’ Cyber-Spying Campaign Stole Data From Chemical, Defense Companies
‘Nitro’ Hackers Rifle Through Chemical Companies’ Secret Data
Report: Chinese hackers launched summer offensive on US chemical industry
‘Nitro’ Hackers Reportedly Attack Dozens of Companies in Chemical, Defense Industries
Chemicals and defence firms targeted by hacking attack
Dozens of chemical firms hit in espionage hack attack
“Nitro” attacks target 29 firms in chemical sector
‘Nitro’ hackers use stock malware to steal chemical, defense secrets
‘Nitro’ Hackers Steal Chemical Company Secrets
Nitro Malware Targeted Chemical Companies
Cyber attacks on chemical companies traced to China
Cyber Attacks on Chemical Firms Traced to Chinese Computers
Symantec uncovers cyber espionage of chemical, defense firms

You know, if we’re not going to treat these attacks as military in nature, which we should, the least we should do is take action against China for violation of international trade agreements, not to mention international law. For all the ‘fraidy cat, nervous Nellies who are so scared of engaging China in a trade war, what do you call these constant corporate espionage cyberattacks?

/China is not our friend

Partner For Peace My Ass

Everyone rags on Israel, why don’t they ever call out the Jew haters for [expletive deleted] like this?

Abbas says he will never recognize a Jewish state

Palestinian Authority President Mahmoud Abbas said that he will never recognize a Jewish state during an interview on an Egyptian television channel.

Abbas also told Dream 2 TV in an Oct. 23 interview that capturing Gilad Shalit was a “good thing.”

. . .

“They started talking to me about the ‘Jewish state’ only two years ago, discussing it with me at every opportunity, every forum I went to — Jewish or non-Jewish — asking: ‘What do you think about the “Jewish state”?’ I’ve said it before, and I’ll say it again: I will never recognize the Jewishness of the state, or a ‘Jewish state,’” Abbas said.

See also:
PA Chairman Mahmoud Abbas: I Will Never Recognize a Jewish State; The Capturing of Israeli Soldier Gilad Shalit Was a Good Thing
Palestinian prez caught saying he will never recognize a ‘Jewish State’ of Israel
Palestinian Authority Chairman: “I Will Never Recognize a Jewish State”
Encountering Peace: Unintended consequences
Abbas: Shalit Kidnapping ‘A Good Thing’
The Chilling Candor of Mahmoud Abbas
Aboriginal Rights of the Jewish People

Seriously, how does the “World Community” expect Israel to make peace with people who refuse to recognize Israel’s right to even exist?

/how many times and in how many different ways do the Jew haters have to spell it out that they have absolutely no interest in a two state solution, their goal is one state, one that doesn’t include Israel or Jews

Hacking The High Ground

Not content to merely cyberattack our civilian and military computer systems every second of every day, the Chinese have now taken their hacking attacks to a whole new, higher level.

Chinese Military Suspected in Hacker Attacks on U.S. Satellites

Computer hackers, possibly from the Chinese military, interfered with two U.S. government satellites four times in 2007 and 2008 through a ground station in Norway, according to a congressional commission.

The intrusions on the satellites, used for earth climate and terrain observation, underscore the potential danger posed by hackers, according to excerpts from the final draft of the annual report by the U.S.-China Economic and Security Review Commission. The report is scheduled to be released next month.

“Such interference poses numerous potential threats, particularly if achieved against satellites with more sensitive functions,” according to the draft. “Access to a satellite‘s controls could allow an attacker to damage or destroy the satellite. An attacker could also deny or degrade as well as forge or otherwise manipulate the satellite’s transmission.”

See also:
Hackers Interfered With Two U.S. Satellites, Draft Report Says
Hackers Interfered With 2 US Government Satellites
Hackers reportedly behind U.S. government satellite disruptions
Hackers Targeted U.S. Government Satellites
Chinese military may have hacked US satellites
China may have hacked US satellites
Hackers Targeted U.S. Government Satellites
U.S. satellites tampered by hackers
Hackers interfered with two U.S. satellites, report says
Chinese hackers suspected of interfering with US satellites
New hacker target: Government satellites
Chinese hackers may have attacked U.S. satellites
China suspect in US satellite interference: report
US reportedly attacked by Chinese hackers linked with the military
US Satellites hacked by Chinese Military says Congressional Commission

Given their ongoing and constant obsession with conducting cyberwarfare, it’s hardly surprising that the Chinese would be interested in attacking satellites. After all, in the event of hostilities, taking out the enemy’s satellites would effectively render them “blind”. The U.S. military is particularly dependent on satellite technology for communication and navigation, so it would only be logical for the Chinese, either by hacking or with kinetic strikes, to attempt to neutralize our satellite network and with it our technological advantage. The question is, what are we doing to counter this extremely obvious and serious threat?

/does anyone still remember how to navigate using a map and compass?

Keeping Up With The Jetsons

You want a flying car? We got your flying car right here, almost, maybe in a few years.

‘Flying Humvee’ moves ahead

A flying car that’s rugged enough for hardcore off-road driving, able to survive small-arms fire and can quickly take off and land is potentially just a few years shy of reality, according to reports sourced from DARPA, the U.S. military’s future-oriented research arm.

Aerospace companies Lockheed Martin and AAI Corporation have presented “feasible designs” to the military’s Transformer program, reports Aviation Week’s Ares blog, and have advanced to the next phase, which is to begin work on prototypes of the contraptions.

See also:
Is Darpa’s Fly-Drive Transformer on the Right Road?
The ‘flying Humvee’ gets off the ground as U.S. military plans first all-terrain, bullet-proof warcraft by next year
Flying humvee inches closer to reality
DARPA sets target date for testing ‘flying Humvee’
Coming soon: US army four-seater vehicle that can take off and land vertically
Progress to the Flying Humvee and enabling a revolution if door to door air travel up to 400 mile ranges
What’s The Point of Darpa’s ‘Flying Humvee,’ Exactly?
Military Developing Transformer To Solve Problems That Don’t Exist
Pentagon Wants Flying Humvee, For Some Reason
Transformer (TX)
Transformer (flying car)

I’m all for flying cars, but do we really need them for combat? The concept drawings of the Transformer TX makes it look like a huge ordnance magnet that, if it wasn’t blown up transitioning from ground to sky or vice versa, it would have so many complex moving parts that it would be undergoing maintenance for many more hours than it would be available for field use. Look at the trouble we already have keeping the V-22 Osprey in service.

/at a time when budget cutting and deficit reduction is the new national pastime, the Transformer TX would seem to be, in my opinion, a military toy too far

Islam Takes Tunisia

This is the first election held in one of the countries that have undergone “Arab Spring” uprisings. And predictably, probably foreshadowing the outcome in upcoming elections in other “Arab Spring” countries, secularism took a beating and a backseat to the Islamists.

Secular party concedes defeat in landmark Tunisian election

Tunisia’s leading secularist party conceded defeat on Monday after unofficial tallies from the country’s first free election showed a victory for an Islamist party.

The election came 10 months from from the moment street vendor Mohamed Bouazizi set himself on fire in a protest that started the Arab Spring uprisings.

More than 90 percent of the 4.1 million registered voters cast ballots, officials said.

See also:
Tunisian Islamist party claims election victory, set to dominate writing of new constitution
Tunisian Islamists to gain huge victory in first elections of the Arab Spring
Tunisia’s Islamists claim election victory
Tunisia’s Islamist party claims election victory
Islamists set for power after strong vote for Muslim parties in Tunisia’s first democratic elections since revolution
Early sign in Tunisia of strong Islamist vote
Tunisia elections: An-Nahda party on course to win
Moderate Islamists lead in early counting of Tunisian votes
Islamists claim win in Tunisia’s Arab Spring vote
Islamist Party Takes Half Of Overseas Seats In Tunisia
Tunisian liberal party dismayed at poor elections show
As Tunisia Counts its Votes, Can the West Stop Worrying and Learn to Love the Islamists?

Could these Tunisian elections be the first stepping stone toward a wider, regional Islamic Caliphate?

/stay tuned, Egypt has elections coming up and if the Islamists win there . . .

Weekly Watch List

ALXN (7/24/11, +15.94%)
MA (9/24/11, -1.08%)
DLTR (9/4/11, +12.41%)
HANS (10/16/11, -1.72%)
NUS (8/28/11, +18.81%)
DG (9/4/11, +10.93%)
HS (10/16/11, -0.89%)
LO (10/22/11, +0.00%)

Additions:
LO (10/22/11, +0.00%)

Subtractions:
None.

Last week, the major indexes ended mixed. The Dow gained 1.4%, the S&P 500 and the NYSE composite both added 1.1%, and the Nasdaq lost 1.1%. Despite three distribution days for the Nasdaq, the IBD outlook remains at “confirmed uptrend”. The distribution on the Nasdaq, this early in the new uptrend, is not a good omen and Europe is still wagging the dog. It’s okay to make new purchases, but proceed with caution.

This week, two watch list stocks, NUS and LO can be considered as potential buy candidates. NUS, trading at $45.98, found support at its ten week line and is in buy range up to $49.27. LO, trading at $115.64, is still within 5% of a $113.06 buy point, off a cup with handle base.

/as usual, your mileage may vary, always do your own homework

NATO Makes Libya Safe . . . For Sharia Law

Is this what NATO fought for?

Libya’s new leaders say they will make Islamic Sharia law main source of legislation

Libya’s new leaders said they intend to make Islamic Sharia law the main source of legislation and will nullify any laws that contradict its tenets, giving the country a more Islamist character in the post-Moammar Gadhafi era.

Islamic law, or Sharia, is enshrined as the basis of the constitution in a number of Middle Eastern countries with Muslim majorities. Most Gulf nations’ constitutions state that Sharia is a main source of legislation, while Egypt says it is “the source.”

See also:
Libya’s new leader declares an Islamic state
Libya Sharia Law: Islamic Law Will be ‘Basic Source’ of Legislation
Sharia: Obama-encouraged Libyan transitional council approves polygamy, bans banking interest
Libya to use Islamic law as source of legislation
Interim Leader Says Sharia Law Will Guide Libya
Libya’s NTC head Jalil pledges to uphold Islamic law
Sharia law surprise for secular-minded Libyans
Libya to adopt Sharia law, ends public showing of Gaddafi’s body
Libya National Transitional Council Chairman Says Sharia Law Will be Blueprint for Libyan State
Sharia law for Libya?
Is a Sharia-Law-Based Libya a Betrayal of the Arab Spring?
Sharia law declaration raises fears among women in new Libya
Libyan women being raped as spoils of Shariah law: group

Well gee, Obama and NATO were so intent on getting rid of Gadhafi and now that he’s gone, look what happens, Libya adopts Sharia law before Gadhafi is even buried. It’s not like the West doesn’t already have enough worldwide problems with adherents to Sharia law and now NATO’s enthusiastically facilitated turning another country over to Islamic radicals.

/in every single one of these “Arab Spring” uprising countries, Obama has backed the side inhabited by Islamic radicals, what’s he trying to do, help reestablish an Islamic Caliphate?