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The Political Hat
News of the Week



Occupy Wall Street

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Bloomberg Accuses Wall Street Protesters Of 'Trying To Destroy the Jobs of Working People'

Zeke Miller
New York City Mayor Michael Bloomberg slammed the Occupy Wall Street protesters in his weekly radio show, saying they would have a major impact on city finances — and hurt the workers they are ostensibly trying to help.

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Down With Evil Corporations!

This graphic is making the rounds on Facebook. It ties in with something I’ve always wondered: where do people who don’t like corporations work? Do they seriously want to turn the clock back by centuries–it would take some research to figure to how many–to a world in which the only forms of business organization are sole proprietorships and partnerships?

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"Occupy Wall Street"’s Racist Speech Rule: White Men Last
by  Publius
The Occupy Wall Street movement has adopted racist rules for speech at its nightly “General Assembly” meetings, according to which white men cannot speak unless preceded by some other type of person.

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Email: 'Time to kill the wealthy'
By: Tim Mak
Several influential New York state lawmakers have received threatening mails saying it is “time to kill the wealthy” if they don’t renew the state’s tax surcharge on millionaires, according to reports.

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Sorting Out the ‘Extremists’
The difference between Wall Street protestors and the Tea Party

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Independent reporting of #OccupyWallStreet
Posted by Robert David Graham

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Anonymous NYSE Hack Compromised, Group Says
The hackers that claimed to be part of Anonymous are now saying that their plan to shut down the New York Stock Exchange Monday has been compromised.

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The Hippie Stimulus
Occupy Wall Street, funded by the American Recovery and Reinvestment Act.

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They Should Be Occupying K Street
Jeff Carter
There is a movement to occupy Wall Street. Sorry, Wall Street is already occupied.

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What We Really Need is Anti-Corporate Anarchy, With Our ‘Organizers and the Law Team’ Writing Our Demands

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Let’s get Ready to RUMMMBLE!!!!!!!
World leaders are gathering in Chicago next year for two international summits. Both the NATO and the G8 summits will be held in May.

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One is known by the company they keep
Communist Chinese newsrag praises "Occupy Wall Street"

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ACORN linked to Occupy Wall Street protest, says DC watchdog
A famously corrupt leftist community organization with deep ties to President Barack Obama is largely behind the national movement to “end economic segregation” and social injustice in the United States, according to the blog on a Washington, DC-based watchdog group's web site

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Tea Party Envy
Careful what you wish for, liberals.
By JAMES TARANTO
Let's give credit where it's due: The Washington Post's Richard Cohen seems to have coined the excellent phrase that is our headline today. "I suffer from Tea Party envy," he confessed at the outset of an early-August column. Although he contemns everything the Tea Party stands for, he continues, "I am jealous of its sense of purpose, its determination and its bracing conviction that it is absolutely right."

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Occupy Wall Street Website: “Stop Listing Demands” We Look Like Complete Imbeciles
The Occupy Wall Street lunatics scolded fellow commie activists today for posting their legitimate demands. It makes them look stupid.

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Occupy Wall Street ‘Stands In Solidarity’ With Obama Front Group
Why is the official OWS website in league with lobbying fronts for the Wall Street-backed Obama White House?

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Thousands Begin Moving Toward City Hall As ‘Occupy Wall Street’ Protest Gains Momentum
Anonymous, Arud Sheikh, Brooklyn Bridge, Brooklyn College, Bushnell Park, Camille Rivera, Connecticut, Daryl Barney, Edgar Martinez, Eric Sundman, Goldman Sachs, Jersey City, Marla Diamond, MoveOn.org, New Jersey, New York City, New York Stock Exchange, Occupy Wall Street, Statehouse, Trenton, United NY, Wall Street, YouTube, Zuccotti Park
NEW YORK (CBSNewYork) – The “Occupy Wall Street” rally is gaining thousands of new supporters as New York City becomes protest city on Wednesday as the group began moving toward City Hall.

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Occupy Wall Street: A Manifesto
David Harsanyi
We hold these truths to be self-evident, that all men, women and transgendered — and any other human who is able to elude the tyranny of work for a couple of weeks — are created equal. We gather to be free not of oppression, but of responsibility and college tuition. Prudence, indeed, will dictate that a government long established and a nation long prosperous be changed for light and transient causes. So let our demands* be submitted to a candid world.

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Mark Steyn: ‘Occupy’ is anarchists for Big Government
By MARK STEYN
Michael Oher, offensive lineman for the Baltimore Ravens, was online Wednesday night when his Twitter feed started filling up with tributes to Steve Jobs. A bewildered Oher tweeted: "Can somebody help me out? Who was Steve Jobs!"

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NY-08's (D+22) #OWS NIMBYism.

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The Meaning of ‘Occupy Wall Street.’ The Confusion on the Left and the Right
by Ron Radosh
The “Occupy Wall Street” protests have created a major problem for the Obama administration and the Democrats. Undoubtedly, the occupation and protests have been encouraged by the constant refrain of the need to “tax the rich” and the calls to have “millionaires pay their fair share” that have come regularly from the White House. Having heard the president and his team engage in regular rounds of class warfare, we should not be surprised when scores turn out and act like taking over public space with signs attacking the wealthy will somehow lead to a resolution of the very real problems facing our country.

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S.E.I.U. Begging for Bodies to Occupy Wall Street
This is sad.  Really sad.  Evidently there just aren’t enough losers, ingrates and enviers in the country to fill out the ranks of the supposed “99%” of Americans who prefer class warfare to work.

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A letter to the New York City protestors
by David Freddoso
Dear protesters in New York City,
You are not 99 percent of America. I don't mean that in the obvious numerical sense. If 99 percent of Americans had actually joined your march, Manhattan would have flipped over by now.
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Obamacare

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ObamaCare's Growing List Of Broken Promises
By JOHN MERLINE, INVESTOR'S BUSINESS DAILY
Medicare: When it started in 1965, government officials said its hospital insurance program would cost $9 billion by 1990. The actual cost was $67 billion. In its first year, expenses ran 50% above projections. By 1969, Congress was already holding hearings about "costly" Medicare.

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Confronting the Cost of Health Care
By Megan McArdle
One of the major factors contributing to the general feeling that people aren't as well off as they used to be is that they are consuming more and more of their income as health benefits.

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Feds to design health insurance for the masses
By RICARDO ALONSO-ZALDIVAR
WASHINGTON (AP) — The federal government is taking on a crucial new role in the nation's health care, designing a basic benefits package for millions of privately insured Americans. A framework for the Obama administration was released Thursday.

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Paul Ryan’s Strong Antidote to Obama Health Care

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"Hide the Decline"

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Solyndra e-mails: Dept. of Energy was poised to approve $469 million for firm
By Carol D. Leonnig
The Obama administration’s Department of Energy was poised last summer to give Solyndra a second major taxpayer loan of $469 million, even as the company’s financial situation was growing more dire.

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War & Terror

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Exclusive: Computer Virus Hits U.S. Drone Fleet
By Noah Shachtman Email Author
A computer virus has infected the cockpits of America’s Predator and Reaper drones, logging pilots’ every keystroke as they remotely fly missions over Afghanistan and other warzones.

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National

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Diabetic rats cured with their own stem cells
by Andy Coghlan
A cure for diabetes could be sitting in our brains. Neural stem cells, extracted from rats via the nose, have been turned into pancreatic cells that can manufacture insulin to treat diabetes.

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The Ides of March: the First Post-Obama Movie
The Ides of March might be the first post-Obama movie, and as such it’s an important film — not for what it thinks it is saying but for what it is actually says about the neverending disillusionment of liberals who, despite heroic efforts, can never quite escape reality.

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Reid triggers ‘nuclear option’ to change rules, prohibit filibusters
By Alexander Bolton
In a shock development Thursday evening, Senate Majority Leader Harry Reid (D-Nev.) triggered a rarely-used procedural option informally called the “nuclear option” to change the Senate rules.

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Nevada moves 2012 caucus to Jan. 14
By Jamie Klatell
The Nevada Republican Party announced Wednesday that it will hold its presidential caucus on Jan. 14, likely pushing the first votes of the 2012 election cycle into 2011.

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Computer sim explains why hippies became extinct
Egalitarian societies of the past were doomed to oblivion
By Brid-Aine Parnell
Old-time egalitarian societies were just too stable to survive in a dog-eat-dog world, according to Stanford University researchers, a situation which led to them being overrun by the stratified societies which dominate humanity today.

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Lessons in Alinsky: An AFL-CIO Conference Teaches Targeting & Manipulating Workers
This past weekend, the AFL-CIO played host to “more than 800 young people” at a conference in Minneapolis in an effort energize young activists to go forth and multiply the members by targeting America’s youth. As noted last week, U.S. Labor Secretary Hilda Solis attended the organizing “summit” and the labor secretary used some of her 30-minute speech to call for passage of the AFL-CIO’s American Jobs Act, as well as to take potshots at the Tea Party.

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HERO WAR DOG IS BOW WOWING OUT
By John Ingham
SITTING proudly to attention, displaying a row of campaign medals on his chest, this RAF veteran is a military hero.

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Opposition to Obama grows — strongly
Posted by Chris Cillizza and Aaron Blake
Four in 10 Americans “strongly” disapprove of how President Obama is handling the job of president in the new Washington Post-ABC News poll, the highest that number has risen during his time in office and a sign of the hardening opposition to him as he seeks a second term.

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Pics From ‘We Stand With Gibson’ Rally
I’m not good at making crowd estimations, but it looked like a pretty decent turn-out

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Carmakers Unveil New Types of Hybrids
Alternative approaches replace the battery with compressed air or a flywheel.

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Economy & Taxes

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Profiteering From Medical Research at Taxpayer Expense

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Fitch Slices Spain, Italy Credit Rating As EU Crisis Deepens

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Is US Economy Flirting With 'Modern-Day Depression'?

While economists have made no secret of their fears that another recession is about to strike, the real danger could be worse.

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Fanniegate Just Got Worse

Horrible news for the Dems: Fanniegate is turning uglier still.
Along with its evil twin Freddie Mac, Fannie Mae is one of the key institutions of the blue social model that provide government subsidies to the middle class.  Already implicated in the housing bubble and the proliferation of liar loans and bogus mortgage backed securities, Fannie and Freddie may also have been up to their government-subsidized eyeballs in foreclosure abuse

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Collateral Damage In the Muni Market
By Steven Malanga
The problem with class warfare is that, like actual warfare, it can be hard to avoid the collateral damage.
The Obama administration is learning that in the wake of news that the President's American Jobs Act contains a proposal to limit the tax breaks on a host of itemized deductions and adjustments to income, including the interest on municipal bonds for high income households

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The China Model Is Unsustainable
by Doug French
While the pols in Europe endlessly consider how they will paper over their financial crisis, "ring fence" Greece and the other PIIGS pass austerity programs, and still get reelected, some speculate that perhaps China will step forward to bail out the eurozone.

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China’s Fall, Not Its Rise, Is the Real Global Threat: View
China’s rise to global prominence has long preoccupied the leaders of the developed world. They should be more concerned about what happens if the country’s growth falters.

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Durbin to Bank of America Customers: ‘Get the Heck Out of That Bank’
Holding up a plastic debit card on the Senate floor this afternoon, Sen. Dick Durbin, D-Ill., had some advice for Bank of America customers angry about the new $5 monthly fee: leave.

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Obama Blasts Bank of America's Debit Fee

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International

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In France, far right capitalizes on euro crisis
By Geert De Clercq
AMNEVILLE, France (Reuters)- Amneville, a town in the Moselle region of northeastern France, does not look like a fault-line in the euro zone. The smell of grilled chicken wafts over the marketplace on a recent Saturday morning, the CD vendor plays German oom-pah music, and the sky behind the ochre clock tower is a steely blue.

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The Fall of the French Senate
Another defeat for Sarkozy. And maybe the last good reason to vote for him in 2012.

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Chavez to seize homes and hotels for the poor on idyllic Los Roques
By Simeon Tegel
Venezuela president Hugo Chavez's policy of nationalising strategic private businesses has taken a new twist with his announcement that his government will expropriate hotels and holiday homes at an upmarket Caribbean resort.

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Opinion

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Governments Gone Wild
Posted by Congressman Tom McClintock
California: A Morality Tale in Three Parts
The following is a speech I delivered to the Council on National Policy on September 30, 2011
I want to welcome this groundbreaking scientific expedition to the savage lands of the Left Coast.  You are here in California to answer an important theoretical question and now you have your answer.

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Why the Era of Free Stuff Is Ending
Rick Newman, On Tuesday
Just a couple of years ago, writer Chris Anderson asserted that free was the new price of everything . But now, it's looking like time to say farewell to free.

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A Second Term for Obama Would Make the United States Go as California Has Gone
By Rep. Tom McClintock

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