Change! Ahmadinejad: Islamic Revoluion Seeking To Correct Whole World

by Jonah Goldberg

President Mahmoud Ahmadinejad said Iranians were living at the very heart of an Islamic Revolution which is duty bound to correct the whole world and materialize the ideals of humanity. The president made the remarks on Wednesday while addressing local officials in the eastern province of South Khorasan. He said the Islamic Revolution intended to replace all vice with good deeds.

Senator Landrieu: I Live with My Parents in Louisiana

by Greg Pollowitz

In Washington, Sen. Mary Landrieu lives in a stately, $2.5 million brick manse she and her husband built on Capitol Hill.

Here in Louisiana, however, the Democrat does not have a home of her own. She is registered to vote at a large bungalow in New Orleans that her parents have lived in for many decades, according to a Washington Post review of Landrieu’s federal financial disclosures and local property and voting records.

On a statement of candidacy Landrieu filed with the Federal Election Commission in January, she listed her Capitol Hill home as her address. But when qualifying for the ballot in Louisiana last week, she listed the family’s raised-basement home here on South Prieur Street.

Should She Resign? IMF Chief Under ‘Formal Investigation’ in France

by Joel Gehrke

IMF chief Christine Lagarde, one of the world’s most powerful women, announced Wednesday she had been charged with “negligence” over a multi-million-euro graft case relating to her time as French finance minister.

The shock announcement came a day after she was grilled for more than 15 hours by a special court in Paris that probes ministerial misconduct, the fourth time she has been questioned in a case that has long weighed upon her position as managing director of the International Monetary Fund.

“The investigating commission of the court of justice of the French Republic has decided to place me under formal investigation,” she said in exclusive comments to AFP.

In France, being placed under formal investigation is the nearest equivalent to being charged, and happens when an examining magistrate has decided there is a case to be answered.

It does not, however, always lead to a trial.

Asked whether she intended to resign from the IMF, she responded: “No.” But her fate now hangs on the global lender’s board of directors. . .

Obamaton Warren Buffett Financing the Burger King-Tim Hortons Tax Inversion Deal

by Greg Pollowitz

It’s official. Burger King and Tim Hortons are combining to make the world’s third largest quick-service retailer. 

Burger King will buy Tim Hortons, the Ontario, Canada-based coffee and donut chain, for $11 billion. The combined firm will have 18,000 restaurants in 100 countries and an estimated $23 billion in sales. 3G Capital, Burger King’s parent company, will own 51 percent of the new company. But you needn’t worry about changes to your Whopper or favorite cup of coffee – the two restaurants will continue to be managed as independent chains. 

[. . .]

Warren Buffett’s equity firm Berkshire Hathaway is providing $3 billion to help finance the deal. Mr. Buffett announced Tuesday that Berkshire Hathaway will pay the US corporate tax rate on any money it earns from being a passive equity investor in the deal. . .

France: ‘One in Six’ Supports ISIS

by Greg Pollowitz

Two polls released this week both ask a question that you would hope wouldn’t need asking: how many people support the Islamic State in Iraq and Syria (ISIS)? Unfortunately, in all four countries surveyed, the answer is greater than zero, and by a lot.

Here is a chart of the results of the polls. The first, by ICM Research, asked people in Germany, France, and the UK whether they had a favorable or unfavorable view of ISIS. The second, by the Palestinian Center for Public Opinion, asked Gazans whether they support or oppose ISIS. Here are the results.