Chinese President Hu Jintao told his fellow communists that his country was losing its competitive edge and that the worsening financial crisis will push the country’s growth down tremendously in the coming months and year.

Where China’s economy grew with 11.9% last year, it is only expected to do so with 9% this year. That still makes China the fastest growing major economy on earth, but Chinese leaders nonetheless fear that the drop in growth could very well signal a new era. An era in which the Chinese have to struggle, like most others, to grow their economy.| MORE ›

Nobel Prize winner and columnist for the New York TimesPaul Krugman has advocated a new major spending program in recent weeks that would closely resemble the New Deal of President Franklin. D. Roosevelt.

Krugman argues that the New Deal created jobs, improved the country’s economy, and pulled it out a terrible depression.

Writing for the Wall Street JournalAmity Shlaes explains that Krugman’s reasoning isn’t sound. (more…)

The Associated Press notes in one of its latest reports on Senator Hillary Clinton’s future in Barack Obama’s administration that the Obama campaign did its best to ridicule Clinton and her foreign policy credentials during the primaries but that all top advisers and staffers are now suddenly embracing and heralding her as some kind of foreign policy genius.

The report, which is more an opinion piece than anything else, points out that Obamites blasted Clinton only a few months ago. (more…)

When an 8-year old German boy disrupted a lesson, his teacher banned him from the class. The boy was not very happy with the decision and later stole his teacher’s car keys. Next, he went to her car, opened it, started it, and drove it into another car standing in the parking lot.

That should teach you a valuable lesson dear teacher!

Police said the boy told them he wanted to drive the car home to complain to his mother about the teacher sending him out of class. (more…)

The Mumbai massacre perpetrated by IslamoFascist monsters targeted Britons, Americans and Jews. The News media are reporting 174 dead and hundreds of wounded, including the husband and wife who run the Mumbai Beis Chabad. They were a young, energetic couple engaging in Jewish outreach and drug rehabilitation.| MORE ›

According to recent reports, several Muslims from Britain were involved in the terror plot in Mumbai, India, in which at least 155 people were killed this week. 

Indian sources say that eight terrorists were taken captive by commandos who stormed the Taj Mahal Hotel and center for Orthodox Jews in Mumbai, two of whom were Pakistanis living in Britain.

According to the Daily Mail, as many as seven of the terrorists may have been from Britain. They could very well be from the same cities, Leeds and Bradford, as the extremists who gave Britain its own 9/11, namely 7/7.| MORE ›

Although I believe that President George W. Bush was not half as bad as his main detractors say, I did and do have problems with several of his policies, especially with his foreign policy; his aggressive response to Muslim extremism was, I believe, the right one, taken at the right point in time.| MORE ›

The conservative, anti-Jihadi blog The Jawa Report has a post up with reactions from Muslim extremists to the Mumbai bombings. The general message is clear: these extremists all do not condemn the attacks but, instead, pretend them to be the result of ‘injustice’ from the Indian and American government.| MORE ›

Former President now Prime Minister of Russia Vladimir Putin keeps both his allies and enemies guessing about his political future. The Washington Post has a good write up about the situation in the Kremlin, explaining very well that although many believe Putin may be staging a return to the presidency in 2009, he may also do something else entirely; like becoming chairman of Russia’s parliament.

Then there is the option that he will remain prime minister until 2012 when the next presidential elections will be held.| MORE ›

While the big news of Barack Obama’s appointments have been those figures who have connections to the Clinton administration, there seems to be some evidence that several Obama appointments will have the distinct branding of another former president: George H.W. Bush.

(more…)