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Small businesses feel squeezed by Obama policies

The Washington Post

Last year, even as he struggled through the worst of the recession, Chris Upham said revenue at his District-based real estate and construction businesses doubled -- allowing him to hire two agents.

But Upham said he hasn't increased his staff thus far in 2010 and he doesn't expect to for the remainder of the year.

That's because his taxes rose sevenfold. And he said he anticipates they'll increase again if the Bush tax cuts for people earning $250,000 and above expire at the end of the year.

As small businesses try to plot their recovery, attention is turning to what many owners consider burdensome policies -- higher taxes, new accounting procedures and health-care mandates. Even as the government tries to help with an array of small-business initiatives, many owners say the intervention is as much a hindrance to hiring as the faltering economy.

Top Iran cleric rejects Holocaust as 'superstition'

Breitbart

A senior Iranian cleric, Grand Ayatollah Nasser Makarem Shirazi, dismissed the Nazi Holocaust of Jews during World War II as a new "superstition" for the West, media reported on Saturday.

"The Holocaust is nothing but superstition, but Zionists say that people of the world should be forced to accept this," he was quoted as saying by the state news agency IRNA.

"Americans and Westerners are affected by newly appeared superstitions such as the Holocaust," he said according to ISNA news agency.

"The truth about the Holocaust is not clear, and when the researchers want to examine whether it is true or the Jews have created it to pose as victims, they jail the researchers," said Makarem Shirazi, who is a "marja," or among the highest authorities in Shiite Islam.

Iran's hardline President Mahmoud Ahmadinejad has repeatedly branded the Holocaust a "myth" in his frequent anti-Israel diatribes drawing international condemnation, but Iran's prominent clergy have rarely echoed such comments.

Bernanke: Fed will take action if economy falters

Associated Press

Federal Reserve Chairman Ben Bernanke said Friday that the Fed will consider making another large-scale purchase of securities if the slowing economy were to deteriorate significantly and signs of deflation were to flare.

Bernanke acknowledged that the recent pace of growth is "less vigorous than we expected." He described the outlook as uncertain and said the economy "remains vulnerable to unexpected developments."

At the same time, he said growth is likely to pick up next year. He downplayed the odds of another recession, even after a series of dismal reports on housing and manufacturing this week stoked fears that the economy may be on the verge of another downturn.

States Press Workers on Health Care

Wall Street Journal

As state and local governments push to get employees to pick up more health care costs, some employees are pushing back.

On Thursday, a Michigan judge heard arguments in two of three lawsuits filed by public-school unions and retirees who opposed a new law that for the first time required them to contribute toward their health-care benefits.

Michigan is among several states struggling with record budget deficits that want employees to take on a greater share of the burden of ballooning health-benefits costs.

The states' search for financial options come amid a growing awareness of the gap in benefit contributions between public and private employees. A handful of states have made changes this year, including Kentucky, Connecticut and Texas, and they join a growing number of governments that have cut health benefits in recent years without major challenges.

Islamist Leader in Pakistan Says Accepting Flood Relief From U.S. and India Is Like ‘Poison’

CNS News

Accepting emergency aid from the United States or India amounts to taking “poison,” the head of one of Pakistan’s leading Islamist political parties said Tuesday.

The remarks by Syed Munawar Hasan, head of Jamaat-e-Islami (JI), evidently were intended to apply new pressure on a government already walking a tightrope between dealing with the flood crisis and antagonizing radical elements.

He spoke on the same day the United Nations appealed for more helicopters to help reach hundreds of thousands of Pakistanis cut off by the “unprecedented floods.”

U.S. funds restoration of global Islamic sites

Associated Press



This year, the Obama administration will spend nearly $6 million to restore 63 historic and cultural sites, including mosques and minarets, in 55 nations, according to State Department documents.

That includes $76,000 for a 16th century mosque in China, $67,000 for a mosque in Pakistan, $77,000 to restore minarets in Nigeria and Mauritania, and $50,000 for an Islamic Monument in India.

But that's a fraction of the total in the 2010 Ambassadors Fund for Cultural Preservation, which also will fund projects to restore Christian and Buddhist sites as well as museums, forts and palaces.

Secretary of State Hillary Rodham Clinton says the U.S. program to restore Islamic and other cultural sites abroad is money well spent.

Home Sales Plunge 27 Percent to Lowest in 15 Years

Associated Press

Sales of previously occupied homes plunged last month to the lowest level in 15 years, despite the lowest mortgage rates in decades and bargain prices in many areas.

July's sales fell by more than 27 percent to a seasonally adjusted annual rate of 3.83 million, the National Association of Realtors said Tuesday. It was the largest monthly drop on records dating back to 1968, and sharp declines were recorded in all regions of the country.

The plunge in home sales also magnified fears about the broader economy.

New stem-cell regulations on hold for now

OneNewsNow

A federal judge has blocked temporarily new regulations from the Obama administration that would expand research using human embryos.

Nightlight Christian Adoptions provides a variety of adoption-related services, including embryo adoption. Last fall a federal judge dismissed that agency's lawsuit which contends that new federal guidelines would decrease the number of human embryos available for adoption.

Nightlight's executive director Ron Stoddart tells OneNewsNOw he was disappointed because the court did not get to the merits of the case. "But when the federal appeal court reversed his decision and instructed him to take a look at the merits of the case, he did that," explains Stoddart, "and he agreed with us that an injunction was appropriate."

Rallies Over Mosque Near Ground Zero Get Heated

Associated Press

Hundreds of impassioned demonstrators -- all waving American flags, but separated into two groups by police -- descended on the site of the proposed mosque near ground zero, with opponents chanting, "No mosque, no way!" and supporters shouting, "We say no to racist fear!"

The two leaders of the construction project, meanwhile, defended their plans on Sunday, though one suggested that organizers might eventually be willing to discuss an alternative site. The other, Imam Feisal Abdul Rauf, said during a Middle East trip that the attention generated by the project is actually positive and that he hopes it will bring greater understanding.

Iran unveils drone aircraft to counter "aggressors"

Reuters

Iran unveiled a prototype long-range unmanned bomber on Sunday, the latest in a stream of announcements of new Iranian-made military hardware as tension mounts over its nuclear program.

On a stage in front of military officials, President Mahmoud Ahmadinejad pulled a sheet away from the aircraft, called the Karrar, which Iran says is its first long-range drone.

With the United States and Israel saying they do not rule out a military strike to stop Iran getting a nuclear bomb, the Islamic Republic has showed off new mini-submarines, and a surface-to-surface missile and announced plans to launch high-altitude satellites over the next three years.

Jobless Claims Rise to Highest Level in 9 Months

Associated Press

Employers appear to be laying off workers again as applications for unemployment insurance reached the half-million mark last week for the first time since November.

Initial claims for jobless benefits rose by 12,000 last week to 500,000, the Labor Department said Thursday. It was the fourth increase in the past five weeks and evidence that the economic recovery has weakened.

Homebuilders and other construction firms are laying off more workers as the housing sector slumps after the expiration of a popular homebuyers' tax credit. State and local governments are also cutting jobs to close large budget gaps.

'Ground Zero' imam not a moderate

OneNewsNow

A former member of the Palestine Liberation Organization has monitored Arabic language traffic in Middle East that reveals the controversial "Ground Zero" mosque imam is not a moderate at all.

Walid Shoebat, a convert from Islam to Christianity who is now an outspoken critic of Islam, recently translated an Arabic language interview conducted by Imam Feisel Abdul Rauf. He believes the imam's words should be alarming as they indicate what the world will look like if he gets his way.

The Islam critic explains that the organizer spearheading the Ground Zero mosque outlined his manifesto for the infiltration of secular governments like that of the United States by means of "peaceful lobbying efforts."

"What he is suggesting is to make the governors and the political institutions consult Muslim institutions and Muslim personalities like himself...in the field so as to ensure that the decision-making...reflects the spirit of sharia, to make Muslim personalities so they can begin to influence the government and so they can become consultants to the government," Shoebat reports. "And then they make sure that the laws are within the spirit of sharia Islamic laws."

He points out that Abdul Rauf has already taken a step toward his goal by getting a State Department-funded trip to the Middle East to be an envoy for alleged "peaceful" Islam.

US Says Bankruptcies Reach Nearly 5-Year High

Reuters

U.S. bankruptcy filings have reached the highest level since 2005, government data released on Tuesday show, as the economy slows and the unemployment rate hovers just below double digits.

There were 422,061 bankruptcy filings between April and June, according to the Administrative Office of the U.S. Courts, up 9 percent from 388,148 in the prior three-month period, and up 11 percent from 381,073 a year earlier.

For the year ended June 30, there were 1.57 million bankruptcies, up 20 percent from 1.31

Ground Zero Mosque Group Says It Has No Plan to Move Site or Meet With N.Y. Governor

CNS News

The organization planning to build a mosque and Islamic center near Ground Zero denied reports Tuesday about a scheduled meeting to discuss the matter with New York Gov. David Paterson. The group reaffirmed that it has no intention of moving the controversial project.

Earlier Rep. Peter King (R.-N.Y.), a vocal critic of the plan, said Paterson told him during a phone conversation that he planned to meet with the developers later this week to discuss the possibility of an alternative site.

The project is the brainchild of Feisel Abdul Rauf, an Islamic cleric who heads the Cordoba Initiative, an organization whose stated goal is to improve Muslim-West relations.

Obama to host Ramadan meal

The Hill.com

President Obama will host an iftar — the special evening meal observed during Ramadan — on Friday night in the White House dining room.

Obama participated in a similar gathering last year.

Celebrations like iftar dinners "remind us of the principles that we hold in common, and Islam's role in advancing justice, progress, tolerance and the dignity of all human beings," Obama wrote in a statement Wednesday.

"Ramadan is a celebration of a faith known for great diversity and racial equality ... a reminder that Islam has always been part of America and that American Muslims have made extraordinary contributions to our country."

The dinner comes amid a growing controversy over the proposed construction of an Islamic cultural center in downtown Manhattan, near the site of the World Trade Center. A CNN poll released Wednesday found that 68 percent of the public opposes the project.

Judge doubts backers of 'gay marriage' ban can appeal

Associated Press

The federal judge who overturned California's same-sex "marriage" ban has more bad news for the measure's sponsors: he not only is unwilling to keep homosexual couples from marrying beyond next Wednesday, he doubts the ban's backers have the right to challenge his ruling.

Chief U.S. District Judge Vaughn R. Walker on Thursday rejected a request to delay his decision striking down Proposition 8 from taking effect until high courts can take up an appeal lodged by its supporters. One of the reasons, the judge said, is he's not sure the proponents have the authority to appeal since they would not be affected by or responsible for implementing his ruling.

Border Security Measure Passes House

Wall Street Journal

The U.S. House of Representatives on Tuesday unanimously approved a $600 million measure to boost border security on the U.S. southern border, a move Democrats hope is the first step toward a broader overhaul of the country's immigration laws.

The cost of the legislation is offset by a hefty increase in fees paid by primarily technology companies that hire highly skilled foreign workers under the H1B visa program.

Those firms with more than 50 workers and with more than 50% of those employees from abroad would see the current $320 fee per visa application jump to $2,000.

Backers of the fee increase argued that the fee increase would help create more U.S. jobs in competitive sectors like technology.

Federal Employees Earn 30 to 40 Percent More than Private-Sector Workers, Study Finds

CNS News

Federal employees earn 30 to 40 percent more money than their private sector counterparts on average, a study from the conservative Heritage Foundation finds. These pay discrepancies persist despite the recession, unlike the situation in the private sector, where unemployment is 9.5 percent and wages have steadily declined.

The report comes on the heels of a new unemployment numbers showing another month of anemic job growth in the midst of President Obama’s “Recovery Summer” tour, where he is highlighting what he calls signs of economic recovery.

Sen. DeMint: Ratifying U.N. Children’s Rights Treaty Would Turn Parental Rights ‘Over to International Community’

CNS News

Sen. Jim DeMint (R- S.C.) said that if President Barack Obama gets his way and the Senate ratifies the United Nations Convention on the Rights of the Child, the precedent would be set to place parental rights under the jurisdiction of the international community.

“We believe we need to take clear action here in Congress to protect the rights of parents to raise their children," DeMint said at a Wednesday panel discussion. "This treaty would, in fact, establish a precedent that those rights have been given over to the international community."

Calif. campaign watchdog eyes new Internet rules

Associated Press

Politicians' tweets and status updates should be held to the same standards as paid advertising that voters see on television, hear on radio or find in their mailboxes, California's campaign watchdog agency says in a report being released Monday.

The Fair Political Practices Commission is considering how to regulate new forms of political activity such as appeals on a voter's Facebook page or in a text message.

It's become necessary as politicians in California and elsewhere announce their candidacies and major campaign policies through Twitter, YouTube and a host of social networking sites, said FPPC Chairman Dan Schnur. Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2010/08/02/state/n000138D58.DTL#ixzz0vkSxolaF

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