Thursday Morning Roundup

Horror for US Economy as Data Falls off Cliff
The last month has been a horror show for the U.S. economy, with economic data falling off a cliff, according to Mike Riddell, a fund manager at M&G Investments in London.
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Govt to lose $14B of auto bailout funds
AP via Yahoo! News
WASHINGTON – The Obama administration said Wednesday that the government will lose about $14 billion in taxpayer funds from the bailout of the U.S. auto industry.
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McDonnell announces incentive to save state funds
Richmond Times-Dispatch
Gov. Bob McDonnell announced to state employees Tuesday a “30-Day Sprint” to foster suggestions on improving state government — and there’s $2,500 on the line.
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Weiner’s Penis Photo Dispute To Be Settled In Small Claims Court
Ann Coulter, Human Events
CNN obviously sabotaged the tape to make it look as if he was refusing to answer the simplest, most direct questions. (I confess I did not see the entire conference live; I was too busy sending private messages to the hundreds of college coeds I follow on Twitter, just like Anthony.)
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Editorial: An entourage more royal than the Queen’s
The heads of government in London for the G-20 summit are discussing serious and weighty issues, which in time will be duly reported on, but right now the British press is entranced by the sheer size of President Obama’s traveling entourage. And no wonder.
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Iran cleric: Killing Israeli children OK
Iranian Ayatollah endorses evil: Radical religious cleric known as President Ahmadinejad’s spiritual mentor says attacks on Israeli civilians permissible, suicide bombings a Muslim duty.
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Ralph Reed Fires up New Coalition
Ralph Reed, who shot to national prominence in 1995 with his Christian Coalition, is back in the business of building political juggernauts with his new Faith and Freedom Coalition, a group he describes as “a 21st-century version of the Christian Coalition on steroids,” according to a report by the New York Times.
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