Saturday, April 01, 2006

13 wealthy backers

* the Brits join in:
"The Conservatives today revealed the names of 13 wealthy backers who had lent the party nearly £16m - but admitted it had repaid a further £5m in order to preserve the anonymity of other lenders.

The disclosure came following demands from the Electoral Commission that the party hand over all contract details of the loans or face court action.

The unknown number of repaid lenders - thought to include some foreign nationals - forced the party chairman, Francis Maude, to hit back at suggestions the Tories had gone against the spirit of the ban on foreign donations."

* shaula at BOPnews:
I realize Hugh Hewitt's remarks setting himself up as "brave war journalist" for sitting in the Empire State Building are offensive, fatuous, and self-serving, but look at them from another angle: when you further collapse his words, you see he is saying that in a major American city, he feels in just as much danger as if he were in an open war zone in a foreign country in the full throes of insurrection.

In just as much danger. In America as in Iraq. In New York as in Fallujah.

What a revealing admission that even Republicans recognize the extent to which Bush has failed and endangered America."

* stirling:
"Through the current economic cycle, the fed has dragged its feet on raising interest rates. Whether politically motivated - which I believe to be the case - or not - which others believe - the result has been allowing systematic pressures to build in the US economy. Allowing nominal CPI to run ahead of core CPI for so long is a failure of policy, since the US makes things and busy energy. This has led to the ballooning US trade deficit - energy driven - and an oil boom in the middle east."

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