Daily News Report 5/6/2010

Wild day on Wall Street leaves electronic exchanges under scrutiny

Stock markets went haywire on Thursday. Shares were already falling over fears of fiscal problems in Europe when something, perhaps a structural flaw in U.S. markets, dragged prices into a historic and breathtaking plunge.

Pr. William immigrant law remains controversial, three years later

Three years after the Prince William County board approved an ordinance similar to the controversial immigration legislation passed last month in Arizona, county residents are still arguing about whether it has achieved its intended effects. The results might offer some insight into how Arizona’s new law will play out.

For Holder, a rare moment to celebrate

When Attorney General Eric H. Holder Jr. stepped up to the lectern at 1:30 a.m. on Tuesday, it was more than an unusual middle-of-the-night appearance trumpeting the swift arrest of an alleged terrorist. It also marked a rare moment of glory for the attorney general.

The NRA, standing up for terrorists’ rights

By George W. Bush’s standard — you’re either with us or against us in the fight against terrorism — NRA chief Wayne LaPierre should be just a few frequent-flier miles short of a free ticket to Gitmo right about now. Seems he and the rest of the gun lobby are fighting for terrorists’ right to buy firearms.

Title wave

What do you call a gigantic man-made disaster that is threatening to despoil the ecosystems and wreck the economies of the Gulf Coast? The answer is important, if you happen to be one of the companies responsible for it.

Pat Buchanan: Stand Up For Arizona

Major demonstrations are to be held in 70 cities on May 1 to protest the new Arizona law to cope with an army of half a million illegal aliens now living there.

Since Gov. Jan Brewer signed that law a week ago, Arizona has been subjected to savage attack as the modern embodiment of Jim Crow, apartheid and Nazism. Few have risen in her defense.

As I said it, a gleam came into his eye. “Are you a Ukrainian-American?” he asked.
It wasn’t always like this. When we moved from Venezuela to America in 1956, the United States government was concerned that I become an American without ethnicity attached. The immigration agent at LaGuardia Airport wanted to change my name to Walter. He explained that it would be easier for me to have a name that sounded American as I grew up. My mother refused.

Our American Declaration of Independence is the supreme, unamendable moral law of the United States. Declarational law preceded and trumps our supreme, amendable secular law, the Constitution. As stated in our Declaration, the purpose of secular law (Constitution) is to secure our sacred, unalienable, equal, individual rights to life, liberty, and pursuit of happiness — i.e., private property honestly earned through creative labor: “That to secure these rights, Governments [constitutions] are instituted among Men….”

Thune sets groundwork for 2012 presidential campaign

South Dakota Sen. John Thune will give two high-profile speeches to national Republican audiences over the next ten days, appearances that seem designed to raise his profile as he contemplates the possibility of a run for president in 2012.

White House, Graham Spar Over Immigration

The question of whether to move ahead this year with immigration reform — and if so, how aggressively — continues to draw the White House into aconfrontation with the man who the administration had considered its lone Republican ally on the issue.

Even an Oil Spill Won’t Move Washington

IN WASHINGTON, environmental disasters come with a silver lining. They have the power to change the legislative dynamic almost overnight. A 1969 oil spill off the coast of Santa Barbara was the impetus for the original Earth Day, and prompted Congress to pass the National Environmental Policy Act, which among other things banned new offshore drilling.

Obama’s Labor Department vs. Unpaid Interns

Do you employ unpaid student interns — college students who work in exchange for on-the-job training?

If so, President Obama’s Labor Department says that you’re an exploiter. The government says an internship is OK only if it meets six criteria, among them that the employer must get “no immediate advantage” from the intern’s activities. In fact, the employer’s work “may be impeded.”

A hung Parliament for U.K.?

LONDON — A revamped Conservative Party was poised to win the most seats in Britain’s closely fought elections early Friday but was falling short of the absolute majority needed to form a government and head off the prospect of the most divided Parliament here in a generation.

Washington Takes Break From Porn Surfing to Bailout Wall Street – HUMAN EVENTS

Democrats have decided that in order to prevent Wall Street from starting more financial meltdowns, wrecking the economy and leaving the American taxpayer holding the bag, we need to give more oversight authority to the same government employees who were busy surfing Internet porn as private investors frantically tried to warn them about Bernie Madoff.

RIGHT NOW: Democrats looking at amendment to ban ‘secret’ holds

Senate Democrats are making a concerted push to confirm stalled nominees by raising the question of whether Republican senators are breaking the rules by subjecting them to indefinite “secret” holds — and planning to introduce an amendment to the financial reform bill that would curtail the process.

GOP jabs at Dems’ ‘luck’ in terrorism fight

Two days after the dramatic arrest of Times Square bombing suspect Faisal Shahzad, Republicans were engaged in a full-bore effort to rewrite the good-news narrative. “Yes, we have been lucky,” House Minority Leader John A. Boehner (Ohio) said Thursday, “but luck is not an effective strategy for fighting terrorism.”

Coalition of civil rights, labor groups launch Arizona boycott

La Raza and 19 other groups are asking companies and organizations to move major events and conferences out of the state.

Students sent home over American flag clothing

Five Morgan Hill, Calif. high school students were asked to leave school because they donned American flag T-shirts on Cinco de Mayo.

Sarah Palin snubs tea party

Way back in November, right after announcing her bid for the U.S. Senate in California, Republican candidate and former Hewlett-Packard CEO Carly Fiorina told conservatives in Washington that she “shared Sarah Palin’s values.” Today, Palin returns the favor.

Graham prays at Pentagon, says ‘Islam got a pass’

WASHINGTON — Evangelist Franklin Graham prayed on a sidewalk outside the Pentagon Thursday after his invitation to a prayer service inside was withdrawn because of comments that insulted Muslims.

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