One of the starkest differences between George W. Bush and Barack Obama? Bush would rather harvest oil in national parks than harvest stem cells.
Obama’s front men are practically guaranteeing that he will invoke executive orders to immediately reverse Bush policies.
Another sign that we’re in a new era? China’s economic-policy moves are having a bigger impact than U.S. moves. In “Global stocks soar on China stimulus,” CNN reports this morning:
Global stock markets rallied Monday after China unveiled a $586 billion stimulus package that investors hoped would help the world economy stave off a deep recession. . . .
Beijing is the latest nation to launch a stimulus program in a bid to jump start economic growth. The U.S. pushed through a $168 billion package earlier this year and momentum is growing for lawmakers to pass a second plan.
The Chinese stimulus package includes loosening of credit restrictions, tax cuts and a massive infrastructure spending program, according to China’s Xinhua news agency.
Back here, Obama’s troops aren’t about the use the paddles to jump-start the Bush regime. It’s time to dismember.
One of Obama’s unofficial flacks, former Clinton aide John Podesta, says the new president is likely to use executive orders right away on big issues. As the Times (U.K.) reports:
The Senate voted on July 19 to remove restrictions on embryonic stem cell research, only for Mr Bush to veto the legislation the following day. Mr Obama, by contrast, has supported stem cell research in an effort to find cures for diseases such as Alzheimer’s.
The federal Bureau of Land Management has said that it is opening about 360,000 acres (145,000 hectares) of public land in Utah to oil and gas drilling, leading to protests from environmentalists. “They want to have oil and gas drilling in some of the most sensitive, fragile lands in Utah,” Mr Podesta said. “I think that’s a mistake.”
Other members of Mr Obama’s team have confirmed that the 44th president intends to “hit the ground running”, in a manner reminiscent of the start of the Blair premiership in Britain in 1997.
One big problem: Maybe the radicals are also planning to hit the ground running. Australian outlet The Age blares, “Warning of new bin Laden attack”:
Osama bin Laden is planning an attack against the United States that will “outdo by far” September 11, an Arab newspaper in London has reported. . . .
The warning, on the front page of an Arabic newspaper published in London, Al-Quds Al-Arabi — and widely reported in the major Italian papers — quotes a person described as being “very close to al-Qaeda” in Yemen.
The paper is edited by Abdel al-Bari Atwan, who is said to be the last journalist to interview Osama bin Laden in 1996. According to the report, bin Laden is himself closely following preparations for an attack against the US and aims to “change the face of world politics and economics”. The operative is quoted as saying that “this will be shown by the fact that we now control a major part of the south of Somalia”.
More stuff . . .
NO PARTICULAR ORDER:
McClatchy: ‘Dismal economic news — and it’s certain to get worse’
Financial Times (U.K.): ‘Wall St jobs axe threatens 70,000’
Chicago Tribune: ‘Obamas won’t get a dog until spring’
Wall Street Journal: ‘Hedge Funds on Hot Seat: Top Managers to Go Before Congressional Panel’
N.Y. Daily News: ‘Guarding Obama and his family nothing new for Secret Service’
“The family of four has been under Secret Service protection since May 2007 – the earliest any presidential candidate ever was guarded, due to death threats beginning with white supremacists.
“Barack Obama will instantly become the world’s most public target of terrorists, madmen and lone-wolf assassins when he’s sworn in on the Capitol steps.”
Wall Street Journal: ‘Obama Is Likely to Use Executive Power To Halt Drilling, Fund Stem-Cell Work’
The Age (Australia): ‘Indonesia on alert as three die for loss of 202’
“Indonesia was on high alert for terrorist attacks and mob violence last night, after the execution of the Bali bombers — Amrozi, Mukhlas and Imam Samudra.
“The three terrorists were shot dead in the middle of the night for a crime that ripped apart the lives of Australians and Indonesians.
“Tied to posts in a clearing near their prison in Central Java and killed simultaneously by three firing squads, the men ended their lives despised by most but revered by their followers as martyrs and holy warriors.
“They were shot through the heart at 12.15 early yesterday morning after a Bali prosecutor lowered a ceremonial sword. The men refused to wear blindfolds and none of them wanted to make a final statement, according to the spokesman for Indonesia’s Attorney-General, Jasman Panjaitan.”
McClatchy: ‘Obama’s fundraising set precedent for expensive campaigns’
The Age (Australia): ‘Russian nuclear sub accident kills 20’
Washington Post: ‘Reid, Pelosi Urge Treasury to Extend Aid to Automakers’
Chicago Tribune: ‘Some “FOBs” likely headed to Washington’
N.Y. Daily News: ‘Fury, grief in Haiti amid rubble of collapsed school’
N.Y. Post: ‘STATE GOP EYES RUDY AS SAVIOR’
N.Y. Daily News: ‘After Obama’s election, a Sunday of joy at NYC churches’
N.Y. Times: ‘Government Provides More Aid to A.I.G.’
N.Y. Times: ‘Obama Weighs Quick Undoing of Bush Policy’
Chicago Tribune: ‘In Afghanistan, Islamists’ influence widens’
Chicago Tribune: ‘New blueprint for black males’
N.Y. Times: ‘Blasts Kill at Least 6 in Baghdad’
N.Y. Times: ‘China Unveils Sweeping Plan for Economy’
The Age (Australia): ‘NZ gets its first gen X leader’