In the British Police Force there is apparently an investigation into possible infiltrations by Al Qaeda. At least there was.
MI5 agents are watching the four suspects — who work at different police stations around London — and gathering evidence needed to make arrests.
If these are infiltrators, won't they just stop their activities until the heat is off? Or just take off and return home to fight another way? Whoever leaked this story should be shot. The staff at the Daily Mail responsible for publishing this should be arrested for interfering with an investigation and possibly endangering national security.
I hate the traitorous mainstream media. An investigation spanning over 2 1/2 years is probably blown now.
But Wait... Haven't We Been in a Recession? Part 2
More doom and gloom from the MSM. Here they say:
Analysts said the two new reports Friday were just the latest danger
signals that the country was edging perilously close to a recession.
But wait, they go on:
Other than two negative months in August and September of 2005, which reflected the disruptions from Hurricane Katrina, inflation-adjusted consumer spending has not been so weak since
November and December of 2001, when the country was struggling to
emerge from the last recession.
But was that really a recession?
The classic definition of a recession is two back-to-back quarters of declining gross domestic product.
Notice it doesn't say anything about adjusting for inflation, does it?
The U.S. economy shrank in three non-consecutive quarters in the early 2000s
(the third quarter of 2000, the first
quarter of 2001, and the third quarter of 2001). Strictly speaking, the U.S. economy was
not in recession during this period -- the common definition being "a fall of a
country's real gross domestic product in two or more successive quarters."
The definition applies no matter what party is in charge, right? Yet, the MSM gets to change the definition to smear a conservative administration. That's what bugs me about it.
There is an ebb and flow to national economics and the free market. If recession were defined more narrowly, investors and business would be more cautious than necessary, just because the word recession has such a chilling effect. You hear it and think "depression", then "The Great Depression". The MSM uses that chilling effect to sabotage the economy and tries to make the administration look bad.
They should be called on it by someone, so I do it when I see it.
Just sayin'
Posted by: Stashiu3 at 02 March 2008@00:34:30 (tarqT)
3
In a way it depends on where you live. In my area, it would be accurate to say we've been in a depression ever since Katrina (or more precisely, Wilma) due to the popping of the real estate bubble, the related issue of property taxes, and hurricane related insurance issues, plus a decline in tourism (especially in tourists from outside the US)--meaning less money for everyone I work in retail, and spending by our customers had declined a noticeable amount for the last two years.
So if someone comes to me and says we're in a recession, I'd be inclined to agree with him. If I lived in another part of the country that didn't suffer so much from those issues, I'd probably say he was crazy.
Posted by: kishnevi at 02 March 2008@16:25:41 (zxjPs)
Fair enough sir. I would contend that a local paper or news outlet would be justified (if technically incorrect) in applying the term recession to their area. My objections are to the national media distorting the definition for their own ends (sell papers, bash the administration, advocating legislation that benefits them or their supporters, etc..)
When they go so far as to "adjust for inflation" to make positive numbers appear to be negative numbers it's even worse. I have a lot of difficulty with the fact that journalistic integrity has become the exception, rather than the rule.
Posted by: Stashiu3 at 02 March 2008@17:23:04 (tarqT)
But Wait... Haven't We Been in a Recession?Apparently not. Despite the doom and gloom forecasts, wailing about the housing crisis, jobless claims, and F-E-E-L-I-N-G-S that we're in a recession and have been for oh, about 7 years (roughly), we're not. We haven't had a recession that entire time, including right after the 9/11 attacks.
The media has been trying to push us into one so they can point to how tax cuts, the Bush Administration, Global Warming, and making fun of John Kerry have all led to a failed economy. Even the linked article can only point to expectations of "reduced growth". Last time I checked, something that was still growing didn't meet the definition of something that was receding.
1
Hey, when did you start a mee.nu site? Good to see you have one. As for the economy, its fine, and it would be better if we didn't have to pay the Republican Tax, AKA, the media and Democrat talking heads (yes, I know I'm being redundant) demagoguing and trying to convince everyone its all going to hell.
Posted by: doubleplusundead at 25 February 2008@23:32:59 (68v+0)
2
Thanks, just started it on the 15th of this month. Patterico was kind enough to give a plug to get me started.
Posted by: Stashiu3 at 26 February 2008@00:37:23 (tarqT)
3
Cool, I got a few Ace links early in, which helped, plus I had some support from the other Ace of Spades morons. Stick with it, you do a good job.
Posted by: doubleplusundead at 27 February 2008@20:00:32 (68v+0)
4
Thank you very much. I'm enjoying it so far. Linky-love would be great, but I would never ask Ace or anybody else for one. Patterico offered and I'll always be grateful for that. He's truly a stand-up guy. If the stuff is good, people will start checking it out. I'll never be one of the big sites, but I'd like to have a place that is fun and interesting to visit.
Posted by: Stashiu3 at 27 February 2008@20:54:05 (tarqT)
Sites are added to the Moronosphere and Gerbil Nation blogrolls by request. I got everyone on there who was there when they were made, so email me if you know of a new addition. Some of these are on the main blogroll as well and will remain duplicated.
The main blogroll is at my own discretion. I gratefully accept suggestions by email, but I don't do blogroll exchanges. If a site is there, it's because I personally recommend it. If it's one that is not updated often, check out the archives and you'll probably see why it's there. I will rarely remove a site from the main blogroll once it's there.
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I am a Psychiatric Nurse who retired from the Army after 24 years total service. I started out as a Private E-1, made Sergeant E-5 in 23 months, then went to nursing school and ROTC to get commissioned. I am interested in politics where I lean heavily conservative, movies, music, and books. Hopefully you will enjoy what you see and come back often.
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