Obama Defies the God of Israel, Obama: The Man Who Would Be King, One World Currency

“Any world order that elevates one nation or group of people over another will inevitably fail.” Barak Hussein Obama in his speech at Cairo University, June 4, 2009 Deuteronomy 7:6: For you are a people holy to the LORD your God. The LORD your God has chosen you out of all the peoples on the face of the earth to be his people, his treasured possession. "Your problem isn't with Prime Minister Netanyahu, nor is it with the People of Israel. Your problem, Mr. President [Obama], is with the almighty God of Israel!" - Esther Pollard, demonstrator in Jerusalem (see: http://www.jpost.com/servlet/Satellite?cid=1244034988150&pagename=JPost%2FJPArticle%2FShowFull) 1) Morning Bell: Leadership Lacking in Cairo …Israel and Palestine - Obama tried to connect the civil rights movement in the U.S. with the Palestinians’ struggle for an independent state. This was a mistake, because the American civil rights movement did not have the goal of destroying the U.S., while many Palestinians, including those in Hamas and other Islamist extremist movements, remain implacably committed to destroying Israel. He vaguely talked about Hamas as if it were just another political party, without acknowledging its revolutionary Islamist ideology, which rejects not only peace negotiations with Israel but Israel’s very existence. See: http://blog.heritage.org/2009/06/05/morning-bell-leadership-lacking-in-cairo/ 1a) MKs Respond: 'Zionist Vision is Stronger than Any President' MK Danny Danon (Likud): “The president has crossed all lines. His implied comparison between the Israeli government and the Nazi regime said everything. He has made a covenant with the Arab world and rewarded it for more than 60 years of aggression.” See: http://www.israelnationalnews.com/News/News.aspx/131709 2) Karna Small Bodman (Served in Reagan White House) on Obama's Czars  (The Man Who Would be King) CALLER: Since it's Open Line Friday, I thought I'd bring up a point about the great amassing of executive power that this new president's been going through that hasn't really gotten a lot of press coverage. I mean, for example, look. The man has now appointed -- I think I'm right on this, I do a lot of research -- 21 White House czars.  RUSH: Yes. CALLER: He's got the energy czar, the urban affairs, the faith-based czar, the regulatory czar, the climate czar, and today we got word of the pay czar: "The Special Master for Compensation." RUSH: Yes. CALLER: You know, Rush, (laughs) the Russians, starting in the year 1600, up to the last of them, they appointed 22 czars. It took them, you know, 400 years or so, and they had one at a time. Obama's got 21 of them in five months, and what people don't realize is that these people serve quote "at the pleasure of the president." They're not confirmed by the Senate (emphasis mine). Most of these activities are ones that would normally take place in a cabinet office. RUSH: Yeah, that's right. That was my point. He was superseding his cabinet people. CALLER: Well, precisely. He's setting up all kinds of problems there, that's another issue. But all the cabinet people are confirmed by the Senate down to the assistant secretary level. They go up to the Hill, give testimony, and so the Hill, of course, has oversight and all that sort of thing. I mean, even Senator Bobby Byrd has been upset about this. He's tried to put out a couple of press releases questioning the way this is threatening the constitutional balance of power (emphasis mine). …CALLER: Well, he's absolutely right. As I said Bobby Byrd is right, too, and all of these czars that they're mentioning: the urban affairs czar, the car czar, the cyber czar, the regulatory czar, the climate czar, you know, they are all developing these little fiefdoms inside the White House without oversight at all on the part of the Congress (emphasis mine). And it's absolutely amazing all of these people. There's one other example that I could give you, Rush, if I could. I served in the Reagan White House for six years -- See: http://www.rushlimbaugh.com/home/daily/site_060509/content/01125111.guest.html 3) Dollar Declines as Nations Mull Reserve Currency Alternatives June 2 (Bloomberg) -- The dollar weakened beyond $1.43 against the euro for the first time in 2009 on bets record U.S. borrowing will undermine the greenback, prompting nations to consider alternatives to the world’s main reserve currency. The euro gained for a fourth day versus the dollar as the Russian government said emerging-market leaders may discuss the idea of a supranational currency. The pound rose to the highest level since October and the Canadian dollar traded near an eight-month high on speculation signs of a recovery in U.S. and U.K. housing will spur higher-yield demand.  “There’s been a lot of talk out of Russia about a new global currency, and that’s contributing toward this latest bout of dollar weakness,” said Henrik Gullberg, a currency strategist in London at Deutsche Bank AG, the world’s largest currency trader. “These latest comments are just adding to the general dollar weakness we’ve seen recently.” …Russian President Dmitry Medvedev may discuss his proposal to create a new world currency when he meets counterparts from Brazil, India and China this month, Natalya Timakova, a spokeswoman for the president, told reporters by phone today. Russia’s proposals for the Group of 20 meeting in London in April included studying a supranational currency.  “We need some kind of universal means of payment, which could create the basis of a future international financial system,” Medvedev said in a June 1 interview with CNBC. “Naturally, because of the crisis in the American economy, attitude to the dollar has also changed.” See: http://www.bloomberg.com/apps/news?pid=20601087&sid=a3X76sjV801Y&refer=worldwide 4) Plan to Help Banks Clear Their Books Is Halted WASHINGTON — The Federal Deposit Insurance Corporation indefinitely postponed a central element of the Obama administration’s bank rescue plan on Wednesday, acknowledging that it could not persuade enough banks to sell off their bad assets. …Diane Casey-Landry, chief operating officer for the American Bankers Association, said the lack of interest in selling the assets stemmed from fears that Congress would impose restrictions on executive pay and other issues for banks and investors in the program. “There’s a lot of uncertainty out there in terms of how the program would operate,” she said. “What we would rather see is the market working.” See: http://www.nytimes.com/2009/06/04/business/04bank.html?partner=rss&emc=rss 5) Kennedy bill would make employers provide care WASHINGTON – Employers would be required to offer health care to employees or pay a penalty — and all Americans would be guaranteed health insurance — under a draft bill circulated Friday by Sen. Edward M. Kennedy's health committee. The bill would provide subsidies to help poor people pay for care, guarantee patients the right to select any doctor they want and require everyone to purchase insurance, with exceptions for those who can't afford to. Insurers would be supposed to offer a basic level of care and would be required to cover all comers, without turning people away because of pre-existing conditions or other reasons. Insurance companies' profits would be limited, and private companies would have to compete with a new public "affordable access" plan that would for the first time offer government-sponsored health care to Americans not eligible for Medicare, Medicaid or other programs. …The draft doesn't address how this would all be paid for. That remains a major sticking point. See: http://news.yahoo.com/s/ap/20090606/ap_on_go_co/us_health_overhaul 6) Barney Frank, Car Czar  Let GM restructure…except in my state. President Obama may have "no interest" in running General Motors, as he averred Monday. But even if that's true, we are already discovering that he shares Washington with 535 Members of Congress, many of whom have other ideas. The latest self-appointed car czar is Massachusetts's own Barney Frank, who intervened this week to save a GM distribution center in Norton, Mass. The warehouse, which employs some 90 people, was slated for closure by the end of the year under GM's restructuring plan. But Mr. Frank put in a call to GM CEO Fritz Henderson and secured a new lease on life for the facility. Mr. Frank's spokesman, Harry Gural, says the Congressman discussed, among other things, "the facility's value to GM." We'd have thought that would be something that GM might have considered when it decided to close the Norton center, but then a call from one of the most powerful Members of Congress can certainly cause a ward of the state to reconsider what qualifies as "value." A CEO who refuses the offer can soon find himself testifying under oath before Congress, or answering questions from the Government Accountability Office about his expense account. To that point, Mr. Henderson spent Wednesday with Chrysler President Jim Press being castigated by the Senate Commerce Committee for their plans to close 3,400 car dealerships. Every Senator wants dealerships closed in someone else's state. See: http://online.wsj.com/article/SB124416281882387463.html 6a) GM's dismantling opens doors for foreign carmakers …In the shake-up, well-known brands are changing flags quicker than an oil tanker in pirate-infested waters. Italy's Fiat SpA is waiting for U.S. courts to approve its acquisition of Chrysler LLC's assets. GM has worked deals to turn its German subsidiary Adam Opel GmbH over to a Canadian auto parts company with Russian backing. And Hummer may be going Chinese, although state media there reported Friday that the deal has hit regulatory hurdles. See: http://news.yahoo.com/s/ap/20090606/ap_on_bi_ge/automakers 6b) Michael Moore: GM's Bankruptcy Fills Me With Joy Filmmaker and leftist activist Michael Moore said the demise of General Motors filled him with ‘joy’ Monday and then suggested the Obama administration launch into a massive socialization of U.S. industry to build ‘green’ autos and bullet trains.  To pay for it all, he suggests a $2 per gallon federal tax. See: http://www.newsmax.com/insidecover/moore_gm_bankruptcy/2009/06/01/220369.html 7) Gov't posts sensitive list of US nuclear sites WASHINGTON (AP) — The government accidentally posted on the Internet a list of government and civilian nuclear facilities and their activities in the United States, but U.S. officials said Wednesday the posting included no information that compromised national security. …The 266-page document was published on May 6 as a transmission from President Barack Obama to Congress. According to the document, the list was required by law and will be provided to the International Atomic Energy Agency. See: http://www.google.com/hostednews/ap/article/ALeqM5hCsPqjzeLAVBSZ0nrjjDm7Ywu-sAD98J9BA00 8) Guest Blogger: House Republican Whip Eric Cantor (R-VA): Why is Obama cutting defense spending? If anything is certain in these most uncertain times, it is that threats to the homeland will persist. Consider the recent provocations by North Korea and Iran. Last week the North tested a nuclear weapon and fired off a salvo of missiles. It is also reportedly preparing to test a longer-range missile in the near future. Meanwhile, Iran is defiantly developing the material to build the nuclear bomb. Last month, it brazenly test-fired a surface-to-surface missile with a range of 2,000 km. The nuclear and ballistic missile threat from these rogue nations is undeniably growing. Both regimes have shown a willingness to share their illicit technology and know-how with terrorists or other unpleasant regimes. It would be unwise to assume either regime would not pass nukes on to terrorists or anyone else willing to pay. So why is the administration conceding Iran has a right to nuclear energy, as if Iran’s nuclear weapons program wouldn’t forfeit that right? Why on earth, as domestic discretionary spending reaches stratospheric heights, is President Obama planning to cut defense spending to a meager 3.5% of GDP in five years, and 3.1% in 10 years? Why, given the expanding nature of the missile threat, is President Obama cutting missile defense by more than $1 billion? See: http://blog.heritage.org/2009/06/04/guest-blogger-house-republican-whip-eric-cantor-r-va/ 9) Police swarm Tiananmen Square on anniversary BEIJING – In Tiananmen Square, police were ready to pounce at the first sign of protest. In Hong Kong, a sea of candles flickered in the hands of tens of thousands who vented their grief and anger. Two starkly contrasting faces of China were on display Thursday, the 20th anniversary of the military's bloody crackdown on pro-democracy demonstrators — from Beijing's rigid control in suppressing any dissent, to freewheeling Hong Kong, which enjoys freedoms all but absent on the mainland. Tiananmen Square was blanketed by uniformed and plainclothes security officers who were ready to silence any potential demonstration, and there were few hints that the vast plaza was the epicenter of a student-led movement that was crushed on June 3-4, 1989, shocking the world. See: http://news.yahoo.com/s/ap/20090604/ap_on_re_as/as_china_tiananmen 10) Gun-loving pastor to his flock: Piece be with you LOUISVILLE, Ky. -- A Kentucky pastor is inviting his flock to bring guns to church to celebrate the Fourth of July and the Second Amendment. New Bethel Church is welcoming "responsible handgun owners" to wear their firearms inside the church June 27, a Saturday. An ad says there will be a handgun raffle, patriotic music and information on gun safety. "We're just going to celebrate the upcoming theme of the birth of our nation," said pastor Ken Pagano. "And we're not ashamed to say that there was a strong belief in God and firearms - without that this country wouldn't be here." The guns must be unloaded and private security will check visitors at the door, Pagano said. See: http://www.forbes.com/feeds/ap/2009/06/04/ap6507167.html