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DEMOCRAT CONTROL OF CONGRESS IS BAD FOR THE STOCK MARKET

Does the value of your stock market holdings depend on which party controls Congress? There is overwhelming evidence it does. As can be seen in the accompanying chart, over the last quarter of a century when the Republicans controlled both houses of Congress, the stock market rose by an average of about 20 percent per year. When the Democrats controlled both houses of Congress, the stock market only rose at an average annual rate of 6.9 percent for the Dow Jones and a tepid 5.1 percent for the Standard and Poor 500.

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A CIPHER AS PRESIDENT

"After all this time with him, I still can't say with certainty who he is," wrote Peter Nicholas of the Los Angeles Times Tuesday about Barack Hussein Obama, with whom he's spent roughly 18 hours a day for most of this campaign. Sen. Obama rarely engages in banter with the reporters who travel with him, and typically is in "robo-candidate mode" on the rare occasions he does speak with them, Mr. Nicholas said. "Ironically, those of us who were sent out to take his measure in person can't offer much help in answering who he is, or if he is ready.  The barriers set in place between us and him were just too great." Less is known about Barack Hussein Obama than about any major party candidate for president in modern history.  His public resume is thin -- eight years in the Illinois state senate, four in the U.S. Senate, with two of them being spent running for president. And no candidate for president has had more problematic associations.  Here's a quick list of them that the media refuses to investigate.

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THE SANDS OF THE TAKLA MAKAN

Charklik, Chinese Turkestan.  Since I was a young boy with dreams of exploring the world, the essence of remote mystery was summed up by the innermost heart of Asia called Chinese Turkestan. What defines the region is one of the world's great deserts, an ocean of sand the size of France yet so empty and vast it has been known for many centuries as The Takla Makan (tah-kla mah-con), meaning, "If you go in, you don't come out."  The Desert of Death. Thus the fabled Silk Road split in two to go around it to the north or the south.  In 1273, Marco Polo took the south. What I as a young boy fifty years ago most dreamed of doing was following the route of Marco Polo through Chinese Turkestan, to those lost and forgotten oases of the Southern Silk Road that hardly anyone in the world knew about much less had been to, with the magical names of Yarkand, Khotan, Charchan, and Charklik. For all but the last few of those fifty years the Southern Silk Road was completely off-limits to foreigners, and the road itself a thousand mile-long four-wheel track of mud and sand.  Now it's open, the road is paved, and here I am, having traversed Polo's route from Kashgar to Charklik. I was expecting an ultimate in the exotic and remote, for things to have changed little since Polo's day.  In some ways that's what I found.  But for others, I am in a state of shock.  What I have found here astounds me, and I thought I'd share it with you. For after all, Chinese Turkestan, or Xinjiang as Beijing calls it, is Moslem China.  The native inhabitants, whose homeland this has been for millennia, are Turkic, not Chinese.  Culturally, ethnically, and historically, this place is not Chinese.  But in reality - and reality is what counts - this is China.  Of that there is no doubt, and will remain so for the foreseeable future.

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1981: NORTH POLE SKYDIVE

With the wind chill, it was around 50‑60 degrees below zero. I sat on my heels in the back of the Twin‑Otter and looked out the open door of the plane to the sea of white below. We were 8,000 feet above the ice and making our jump run. Some tiny black specks appeared on the ice in the distance. "Left five degrees!" I called out through my face mask, and Rocky nudged the Otter toward the specks.

"More left!" I yelled again, and as Rocky looked around to make sure, I nodded and pointed left with a gloved finger. When the spot was set, I pointed ahead, yelled "Straight!" to Rocky, then closed my eyes and turned inward. About thirty seconds to go.

"All right, man, how do you feel?' I asked myself. "Are you nervous?" I took a deep breath and relaxed, just letting whatever emotions were there come up. I had expected the reply to be, " What, are you kidding?!? I'm terrified!!" But no, to my surprise, I felt incredibly calm and peaceful.

Memories of the past four years raced through me like a flash flood. All the ecstasy and magic ‑‑ then all the pain and grief and mourning. A year ago, I wasn't sure whether I wanted to live or not. Learning how to sky‑dive when you don't know if you want to live is a good way to find out.

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KEEPING AFLOAT IN DESPERATE TIMES

When the U.S. economy catches cold, the rest of the world gets pneumonia. That's because much of the wealth of the rest of the world depends on selling stuff to us, and/or on investing in our economy. The cold we've caught from the subprime mortgage crisis is pretty serious. As of Oct. 22, our stock market was down 40 percent for the year. But, as the erudite cynic who writes for the Asia Times under the pen name "Spengler" notes, it's a lot worse almost everywhere else. The financial crisis will push already troubled -- and nuclear armed -- Pakistan further towards radical Islam.  Turkey, heretofore the most peaceful, democratic and pro-Western of Islamic countries, also will drift towards the dark side. By far the most dangerous wild card is...

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YOU LOSE, SOROS WINS

Have you ever wondered why billionaires like George Soros financially support politicians who say they will "increase taxes on the rich"?

The answer quite simply is that the tax increases are most often put on people trying to become rich, not those already rich. Hence, the rich, big government advocates can gain far more by "buying" the politicians. The "bought" politicians then provide them with confidential information about administrative decisions, which these donors then use to place big bets in the market, making themselves much richer. If you have deep financial pockets and inside information, you can make huge amounts of money when markets drop.

Mr. Soros, the Democrats' financial angel, is often referred to as the "man who broke the bank of England" in the 1992 Sterling crisis. During that episode, he made $1 billion in one day at the expense of British taxpayers. The relevant question is, did Mr. Soros bet a couple of billion dollars on mere guesses of what the German, French and British officials would do, or did he have inside information?

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OBAMA PRESIDENCY, INTERNATIONAL CRISIS

Among the first fruits of an Obama presidency will be an international crisis, his running mate said in Seattle last weekend. "Mark my words.  It will not be six months before the world tests Barack Obama like they did John Kennedy," Sen. Joe Biden said at a fund-raiser. "Watch, we're going to have an international crisis, a generated crisis, to test the mettle of this guy." Sen. Obama's response to the crisis may not seem adequate, Sen. Biden said.

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OBAMABASHI

Ashgabat, Turkmenistan.  I did it.  I've been searching all over the world for a place suitably appropriate for Barack Hussein Obama Junior's megalomaniacal egomania, and I found it here, deep in the middle of Central Asia. Here is where he can be worshipped as the Messiah he believes he is, worshipped on a scale beyond even his hyper-hubristic fantasies.  America will never give him what he wants.  Here is a place that can.  Here is where he can be Obamabashi.  Obamabashi the Great, the Supreme, the Magnificent. Here is where he belongs - not in America. I'm convinced:  there isn't a better place on earth for Barry Hussein and his followers to move to after he loses on November 4.  It's absolutely perfect for him and them.

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WHY OBAMA MUST DESTROY JOE THE PLUMBER

The news media can do investigative reporting when the spirit so moves.  Consider the proctological exam journalists gave Samuel Joseph Wurzelbacher, aka "Joe the Plumber," within a day of Sen. John McCain having referred to him in the final presidential debate. We now know that Joe, 34, does not have a plumber's license and does not belong to the plumbers' union. He's divorced, earned just $40,000 in 2006, and had a tax lien against him. Joe says he doesn't need a license to do residential work in the two-person firm (A.W. Newell Corp.) for whom he works, because Al Newell has a license.  That's kopasetic within the city of Toledo, but Joe would need a license of his own to do work elsewhere in Lucas County, county officals say.  Only about a third of all plumbers in the U.S. belong to the plumbers' union, according to the Bureau of Labor Statistics. Absolutely none of this information is relevant to the question Joe asked when Barack Obama approached him on a rope line in the Toledo suburb of Holland Oct. 12, or to the impolitic answer Sen. Obama gave to it.

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1995: ARM-WRESTLING RUSSIA

On a late September day in 1995, I was washing the family station wagon in the driveway of our home in McLean, Virginia, when my wife called out, "Dana's on the phone for you." Rebel brought me the phone and I heard a familiar voice.  "Hey, Wheeler, there are some Russians coming by my office around four this afternoon - the Deputy Mayor of St. Petersburg and his entourage.  You need to be there." I looked at my watch.  "Dana, it's two o'clock already.  You sure?" "Well, I don't know anyone who's been to Russia more than you whose opinion I can really trust.  I'd really like you to be here." How could I turn that down? I'd known Dana Rohrabacher since we were in Youth For Reagan during Ronald Reagan's first campaign for governor of California in 1966.  Now, almost 30 years later, Dana was a Member of Congress, and on the powerful International Relations Committee. So I finished up with the car, put on the Washington costume of dark suit and tie, and motored down the George Washington Parkway to DC and Dana's office in the House Rayburn Building.  The meeting went well.  This was the time of Good Feelings between Boris Yeltsin's Russia and America, and there was a camaraderie between us all. So much so that Dana suggested at the meeting's close, since he had no more meetings scheduled, why don't we all have a beer together at the Irish Times pub on the other side of Capitol Hill? Beer?  The Russians thought that was a great idea.

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