Links for 7-12-2012

  • The FBI opened a criminal investigation into Chinese telecommunications equipment manufacturer ZTE after the company allegedly bundled hardware and software from U.S. companies with its own equipment and sold the result to Iran as a surveillance system for landline, mobile, and Internet communications. ZTE’s paper shredders are reportedly working overtime.

  • Turkey is evading sanctions against buying Iranian oil by paying with gold.

  • Today the Obama administration eliminated the federal work requirements provision of the 1996 welfare reform law by executive fiat.

  • Eric Holder shook down Wells Fargo for $175M for allegedly discriminating against Black and Hispanic borrowers seeking mortgages. Now we have to figure out how this money will laundered into Democrat campaign contributions.

  • Russ Vought makes a good argument that legislative incrementalism doesn’t work for conservatives because there’s never a debate on principle. As long as the debate is focused on the margins and not on why the federal government is doing what it’s doing (or if it’s even constitutional), the federal leviathan continues to grow.

  • Jerry Bowyer has an interesting perspective on micro-revolts against government, like ignoring the speed limit if you’re sure it’s not being actively enforced or crossing a state line to buy something because the sales tax is lower: “…[M]ost people have absolutely no moral compunction about any of these violations, either of the spirit or the letter of the law, because deep down they no longer believe that the law, especially the tax code, represents any compelling moral principle, nor do its dictates seem any longer to be fair.”

  • The chairman of Young Conservatives of Texas (which has endorsed Ted Cruz) filed an open records request asking why Lt. Governor David Dewhurst’s office removed speeches from his state-supplied web site, including the now infamous speech supporting guest worker programs for illegal immigrants.

  • Human Rights in China translated an interesting Woeser article on the changing landscape in Lhasa as more Han Chinese move into the city.

  • The Rolling Stones played their first gig 50 years ago today.

Links for 7-11-2012

Links for 7-10-2012

Links for 7-9-2012

Links for 7-6-2012

Links for 7-5-2012

Links for 7-3-2012

  • This is awesome: The Declaration of Independence, re-written as today’s liberals would have it. It opens with, “When in the Course of human events, it becomes necessary for one people to strengthen the political bands which have connected them with the Global Community, and to assume among the powers of the earth, the cooperative and deferential station which a careful review of the relevant peer reviewed literature suggests is most appropriate for long term win-win outcomes, a decent and rigorously equal respect to the opinions of woman- and man- and transkind requires that they should declare the causes which impel them to the ever deeper union.”

  • Fred Thompson, who shepherded John Roberts through Senate confirmation as the Supreme Court’s Chief Justice, has trouble reconciling the ObamaCare decision with the man he knew.

  • GM’s share price has fallen to the point that U.S. taxpayers are in a $26.4 billion hole, and that doesn’t include the losses the federal government allowed the new GM to carry over from the old GM, reducing the company’s tax liability for years to come.

  • Wells Fargo Chairman and CEO Dick Kovacevich delivered a speech at Stanford where he recounted how Wells Fargo found itself taking TARP money even though the company didn’t need or want it: “…Hank Paulson turned to Chairman Bernanke, who was sitting next to him and said ‘Your primary regulator is sitting right here. If you refuse to accept these TARP funds, he will declare you capital deficient Monday morning.’ This was being said when we were a triple A rated bank. ‘Is this America?’ I said to myself.”

  • This year CO2 emissions in the U.S. will fall to 1991 levels, not due to Obama’s promised carbon trading scheme, additional EPA regulations, the continuing recession, or “green” energy sources, but due to the increasing use of shale gas produced by fracking.