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1) China “worried” about US Treasury Holdings

BEIJING (AP) - China's premier expressed concern Friday about its massive holdings of Treasuries and other U.S. debt, appealing to Washington to safeguard their value, and said Beijing is ready to expand its stimulus if the economy worsens. Premier Wen Jiabao noted that Beijing is the biggest foreign creditor to the United States and called on Washington to see that its response to the global slowdown does not damage the value of Chinese holdings. "We have made a huge amount of loans to the United States. Of course we are concerned about the safety of our assets. To be honest, I'm a little bit worried," Wen said at a news conference following the closing of China's annual legislative session. "I would like to call on the United States to honor its words, stay a credible nation and ensure the safety of Chinese assets." See: http://apnews.myway.com/article/20090313/D96T37FO0.html And: http://news.yahoo.com/s/ap/20090313/ap_on_bi_ge/as_china_us_economy 2) ACORN and MoveOn Now Targeting Moderate Democrats… Republicans hammered Barack Obama over his connection to ACORN during last year’s election, but now ACORN is taking a swing at some Democrats — with the help of liberal activists at MoveOn.org.  The role reversal arises out of the groups’ anger at moderate House Democrats who opposed a housing bill that has more generous bankruptcy rules for people facing foreclosure.  Next week this coalition will begin airing TV ads criticizing House Democrats who voted against the measure, which would for the first time give judges the authority to restructure home mortgages — a procedure known as a cramdown.  The House last week voted 234-191 to pass the housing bill with the bankruptcy provision, but 24 Democrats, mostly moderates, voted against it. ACORN, a coalition of housing activists, has made this measure a top priority in the new Congress. See: http://www.politico.com/news/stories/0309/19913.html 3) Centrist Dems dodge labor bill Eleven Democratic senators and 22 Democratic House members who cosponsored the 2007 version of EFCA — or “card check,” as its opponents call it — have steered clear of the version unveiled this week by Education and Labor Committee Chairman George Miller (D-Calif.) and Sen. Tom Harkin (D-Iowa). 

In the midst of a recession, moderate Senate Democrats don’t want to tie themselves to legislation that’s been billed as bad for business. But they don’t want to distance themselves from the legislation, either, for fear of alienating their loyal supporters in labor.

See: http://www.politico.com/news/stories/0309/19918.html

4) Where using embryonic stem cells leads… Use aborted foetus organs in transplants, urges scientist Kidneys and livers from aborted foetuses could be given to the desperately ill and ease the organ donor shortage, a leading scientist has claimed.  Professor Sir Richard Gardner, an Oxford University stem cell expert, said foetal tissues may offer a more realistic solution to the lack of organs than other technologies being developed.  But the proposal has horrified pro-life and Christian groups, who say it is 'morally abhorrent', and raises the prospect of abortions being timed to suit transplant patients. See: http://www.dailymail.co.uk/sciencetech/article-1161085/Use-aborted-foetus-organs-transplants-urges-scientist.html 5) Obama’s New ‘Council on Women’ Seen As Vehicle to Promote Feminist Agenda White House (CNSNews.com) – President Barack Obama on Wednesday created a new bureaucracy to deal with women’s health, domestic violence and economic security. But some conservatives fear the new council will actively promote the feminist agenda in the government. See: http://www.cnsnews.com/public/content/article.aspx?RsrcID=44925 6) Do you hate the rich? What's the point? This country has convinced itself that you can have it all. But you can't; you can only have one or the other.  We can hate the rich and want them to go broke or we can want them to prosper so they can pay for all our free stuff. See: http://www.glennbeck.com/content/articles/article/198/22662/ 7) For those of us in Illinois…let’s move out! Illinois income tax rate may rise by 50% TRIBUNE UPDATE: Gov. Pat Quinn today acknowledged he plans to raise income taxes in the wake of a Chicago Tribune story that he is considering a 50 percent increase on individuals. He declined to confirm details in the Tribune report, which said he is looking at raising the personal income tax from 3 percent to 4.5 percent as well as increasing personal exemptions. See: http://www.chicagotribune.com/news/local/chi-quinn-tax-hike-13mar13,0,7352846.story