It has rained ALL flippin'day. The grass looks better and the trees perked up.
Me, I watched clouds move across the sky most of the day.
More the same tomorrow.
Whoooopeeeee
Monday, August 20, 2007
Fed Rate Cut, Bridge over Troubled Water
"On Friday, the Federal Reserve tried to quell this panic by announcing a surprise cut in the discount rate, the rate at which it lends money to banks. It remains to be seen whether the move will do the trick.
The problem, as many observers have noticed, is that the Fed’s move is largely symbolic. It makes more funds available to depository institutions, a k a old-fashioned banks — but old-fashioned banks aren’t where the crisis is centered. And the Fed doesn’t have any clear way to deal with bank runs on institutions that aren’t called banks.
Now, sometimes symbolic gestures are enough. The Fed’s surprise quarter-point interest rate cut in October 1998, at the height of the crisis caused by the implosion of the hedge fund Long-Term Capital Management, was similarly a case of providing money where it wasn’t needed. Yet it helped restore calm to the markets, by conveying the sense that policy makers were on top of the situation.
Friday’s cut might do the same thing. But if it doesn’t, it’s not clear what comes next.
Whatever happens now, it’s hard to avoid the sense that the growing complexity of our financial system is making it increasingly prone to crises — crises that are beyond the ability of traditional policies to handle. Maybe we’ll make it through this crisis unscathed. But what about the next one, or the one after that?"
The problem, as many observers have noticed, is that the Fed’s move is largely symbolic. It makes more funds available to depository institutions, a k a old-fashioned banks — but old-fashioned banks aren’t where the crisis is centered. And the Fed doesn’t have any clear way to deal with bank runs on institutions that aren’t called banks.
Now, sometimes symbolic gestures are enough. The Fed’s surprise quarter-point interest rate cut in October 1998, at the height of the crisis caused by the implosion of the hedge fund Long-Term Capital Management, was similarly a case of providing money where it wasn’t needed. Yet it helped restore calm to the markets, by conveying the sense that policy makers were on top of the situation.
Friday’s cut might do the same thing. But if it doesn’t, it’s not clear what comes next.
Whatever happens now, it’s hard to avoid the sense that the growing complexity of our financial system is making it increasingly prone to crises — crises that are beyond the ability of traditional policies to handle. Maybe we’ll make it through this crisis unscathed. But what about the next one, or the one after that?"
Sunday, August 19, 2007
GOP not the party of Lincoln, Thanks Mr. Rove
"Any prospect of a rapprochement between the G.O.P. and African-Americans died in the New Orleans Superdome. The tardy, botched immigration initiative unleashed a wave of xenophobia against Hispanics, the fastest-growing voting bloc in the country. The Muslim outreach project disappeared into the memory hole after 9/11.
Forced to pick a single symbolic episode to encapsulate the collapse of Rovian Republicanism, however, I would not choose any of those national watersheds, or even the implosion of the Iraq war, but the George Allen "macaca" moment. Its first anniversary fell, fittingly enough, on the same day last weekend that Mitt Romney bought his victory at the desultory, poorly attended G.O.P. straw poll in Iowa.
A century seems to have passed since Mr. Allen, the Virginia Republican running for re-election to the Senate, was anointed by Washington insiders as the inevitable heir to the Bush-Rove mantle: a former governor whose jus'-folks personality, the Bushian camouflage for hard-edged conservatism, would propel him to the White House. Mr. Allen's senatorial campaign and presidential future melted down overnight after he insulted a Jim Webb campaign worker, the 20-year-old son of Indian immigrants, not just by calling him a monkey but by sarcastically welcoming him "to America" and "the real world of Virginia."
This incident had resonance well beyond Virginia and Mr. Allen for several reasons. First, it crystallized the monochromatic whiteness at the dark heart of Rovian Republicanism. For all the minstrel antics at the 2000 convention, the record speaks for itself: there is not a single black Republican serving in either the House or Senate, and little representation of other minorities, either. Far from looking like America, the G.O.P. caucus, like the party's presidential field, could pass for a Rotary Club, circa 1954. Meanwhile, a new census analysis released this month finds that nonwhites now make up a majority in nearly a third of the nation's most populous counties, with Houston overtaking Los Angeles in black population and metropolitan Chicago surpassing Honolulu in Asian residents. Even small towns and rural America are exploding in Hispanic growth."
Forced to pick a single symbolic episode to encapsulate the collapse of Rovian Republicanism, however, I would not choose any of those national watersheds, or even the implosion of the Iraq war, but the George Allen "macaca" moment. Its first anniversary fell, fittingly enough, on the same day last weekend that Mitt Romney bought his victory at the desultory, poorly attended G.O.P. straw poll in Iowa.
A century seems to have passed since Mr. Allen, the Virginia Republican running for re-election to the Senate, was anointed by Washington insiders as the inevitable heir to the Bush-Rove mantle: a former governor whose jus'-folks personality, the Bushian camouflage for hard-edged conservatism, would propel him to the White House. Mr. Allen's senatorial campaign and presidential future melted down overnight after he insulted a Jim Webb campaign worker, the 20-year-old son of Indian immigrants, not just by calling him a monkey but by sarcastically welcoming him "to America" and "the real world of Virginia."
This incident had resonance well beyond Virginia and Mr. Allen for several reasons. First, it crystallized the monochromatic whiteness at the dark heart of Rovian Republicanism. For all the minstrel antics at the 2000 convention, the record speaks for itself: there is not a single black Republican serving in either the House or Senate, and little representation of other minorities, either. Far from looking like America, the G.O.P. caucus, like the party's presidential field, could pass for a Rotary Club, circa 1954. Meanwhile, a new census analysis released this month finds that nonwhites now make up a majority in nearly a third of the nation's most populous counties, with Houston overtaking Los Angeles in black population and metropolitan Chicago surpassing Honolulu in Asian residents. Even small towns and rural America are exploding in Hispanic growth."
Saturday, August 18, 2007
Tire tracks on Harold Ford, Jr.
When did young Mr. Ford lose his mind?
props to Brendan for this gem.
props to Brendan for this gem.
Sex and the Hypocrites
Great piece by Suburban Guerrilla:
Don’t ya think? Oh, those wacky Republicans!
In June, Tim Droogsma, a former press secretary to a US senator and a Minnesota governor, told the Star Tribune after reading its sex relationships column: “I don’t think I’m too prudish — which, I realize, is what prudes always say — but do we really want this sentence: ‘She hopped on my lap, facing forward. I pulled up her skirt in the back, slid her panties out of the way, and unzipped’?” Droogsma was arrested this week in a midafternoon prostitution sting.
Check out the rest.....
Don’t ya think? Oh, those wacky Republicans!
In June, Tim Droogsma, a former press secretary to a US senator and a Minnesota governor, told the Star Tribune after reading its sex relationships column: “I don’t think I’m too prudish — which, I realize, is what prudes always say — but do we really want this sentence: ‘She hopped on my lap, facing forward. I pulled up her skirt in the back, slid her panties out of the way, and unzipped’?” Droogsma was arrested this week in a midafternoon prostitution sting.
Check out the rest.....
Size Matters, Again
"From Michael Gerson in the WaPost today:
"...Rove argues that Republicans win as activist reformers, in the tradition of Lincoln, McKinley and Theodore Roosevelt. "We were founded as a reformist party," he said in our conversation this week, "not to be against something, but to help the little guy get ahead."
Correct me if I'm wrong but wasn't it the "have mores" who got the huge tax cuts? And wasn't it the "little guy" who got enough for a Big Mac and fries?"
n/t to Neon Gods
"...Rove argues that Republicans win as activist reformers, in the tradition of Lincoln, McKinley and Theodore Roosevelt. "We were founded as a reformist party," he said in our conversation this week, "not to be against something, but to help the little guy get ahead."
Correct me if I'm wrong but wasn't it the "have mores" who got the huge tax cuts? And wasn't it the "little guy" who got enough for a Big Mac and fries?"
n/t to Neon Gods
Friday, August 17, 2007
Tony Snow next?
Tony Snow may be the next to leave Bush. His family can't seem to live on $168,000 and full benefits.
168K isn't what it used to be.
That's so unfortunate.
168K isn't what it used to be.
That's so unfortunate.
Richard Stickler, Mining Disaster
How bad must you stink, if Bush's Boy Santorum refuses to support your nomination???
To hold a key position in the administration you must be unqualified and unfit to perform the basic job duties.
How many MORE people must die because of the incompetence and malfeasance of this administration?
Props to Huntington Post.
To hold a key position in the administration you must be unqualified and unfit to perform the basic job duties.
How many MORE people must die because of the incompetence and malfeasance of this administration?
Props to Huntington Post.
Work it out
"Our desire to avoid letting bad actors off the hook shouldn’t prevent us from doing the right thing, both morally and in economic terms, for borrowers who were victims of the bubble.
Most of the proposals I’ve seen for dealing with the problems of subprime borrowers are of the locking-the-barn-door-after-the-horse-is-gone variety: they would curb abusive lending practices — which would have been very useful three years ago — but they wouldn’t help much now. What we need at this point is a policy to deal with the consequences of the housing bust.
Consider a borrower who can’t meet his or her mortgage payments and is facing foreclosure. In the past, as Gretchen Morgenson recently pointed out in The Times, the bank that made the loan would often have been willing to offer a workout, modifying the loan’s terms to make it affordable, because what the borrower was able to pay would be worth more to the bank than its incurring the costs of foreclosure and trying to resell the home. That would have been especially likely in the face of a depressed housing market.
Today, however, the mortgage broker who made the loan is usually, as Ms. Morgenson says, “the first link in a financial merry-go-round.” The mortgage was bundled with others and sold to investment banks, who in turn sliced and diced the claims to produce artificial assets that Moody’s or Standard & Poor’s were willing to classify as AAA. And the result is that there’s nobody to deal with.
This looks to me like a clear case for government intervention: there’s a serious market failure, and fixing that failure could greatly help thousands, maybe hundreds of thousands, of Americans. The federal government shouldn’t be providing bailouts, but it should be helping to arrange workouts.
And we’ve done this sort of thing before — for third-world countries, not for U.S. citizens. The Latin American debt crisis of the 1980s was brought to an end by so-called Brady deals, in which creditors were corralled into reducing the countries’ debt burdens to manageable levels. Both the debtors, who escaped the shadow of default, and the creditors, who got most of their money, benefited.
The mechanics of a domestic version would need a lot of work, from lawyers as well as financial experts. My guess is that it would involve federal agencies buying mortgages — not the securities conjured up from these mortgages, but the original loans — at a steep discount, then renegotiating the terms. But I’m happy to listen to better ideas.
The point, however, is that doing nothing isn’t the only alternative to letting the parties who got us into this mess off the hook. Say no to bailouts — but let’s help borrowers work things out."
Most of the proposals I’ve seen for dealing with the problems of subprime borrowers are of the locking-the-barn-door-after-the-horse-is-gone variety: they would curb abusive lending practices — which would have been very useful three years ago — but they wouldn’t help much now. What we need at this point is a policy to deal with the consequences of the housing bust.
Consider a borrower who can’t meet his or her mortgage payments and is facing foreclosure. In the past, as Gretchen Morgenson recently pointed out in The Times, the bank that made the loan would often have been willing to offer a workout, modifying the loan’s terms to make it affordable, because what the borrower was able to pay would be worth more to the bank than its incurring the costs of foreclosure and trying to resell the home. That would have been especially likely in the face of a depressed housing market.
Today, however, the mortgage broker who made the loan is usually, as Ms. Morgenson says, “the first link in a financial merry-go-round.” The mortgage was bundled with others and sold to investment banks, who in turn sliced and diced the claims to produce artificial assets that Moody’s or Standard & Poor’s were willing to classify as AAA. And the result is that there’s nobody to deal with.
This looks to me like a clear case for government intervention: there’s a serious market failure, and fixing that failure could greatly help thousands, maybe hundreds of thousands, of Americans. The federal government shouldn’t be providing bailouts, but it should be helping to arrange workouts.
And we’ve done this sort of thing before — for third-world countries, not for U.S. citizens. The Latin American debt crisis of the 1980s was brought to an end by so-called Brady deals, in which creditors were corralled into reducing the countries’ debt burdens to manageable levels. Both the debtors, who escaped the shadow of default, and the creditors, who got most of their money, benefited.
The mechanics of a domestic version would need a lot of work, from lawyers as well as financial experts. My guess is that it would involve federal agencies buying mortgages — not the securities conjured up from these mortgages, but the original loans — at a steep discount, then renegotiating the terms. But I’m happy to listen to better ideas.
The point, however, is that doing nothing isn’t the only alternative to letting the parties who got us into this mess off the hook. Say no to bailouts — but let’s help borrowers work things out."
Three More lost to the Mine
Having spent 25 years in the Risk Management business, I am not surprised by the disaster unfolding in Utah. The FIRST line item rarely to survive the pursuit of profits is safety.
The smart companies do not have to be talked into basic safety management. I listened in horror as the Ariana Huffington said in her interview on Countdown that there was not return on a companies investment for safety. She in no way was justifying this typical corporate behavior. However, she was wrong.
When an catastrophic claim occurs resulting in death or worse when the survive, companies will spend far more on these claims and increased premiums, state assessments, than the cost of implementing a basic safety program.
Our year began with a seasoned lineman who did not perform "lockout, tag out" procedure. This procedure is named after the policy and procedure. The worker is to shut off the electricity and "lock and tag" the source.
His chose not to perform this task which would have slowed him down by oh ten minutes. He is burned over sixty percent of his body.
To date we have burned through two million dollars. Unlike some employers, this client takes safety seriously.
"Safety first and last" is their mantra. Two years ago, they implemented a zero tolerance for failure to where the personal protection equipment and follow procedures. Furthermore, they empowered the safety directors to enforce the procedures.
In two years, they have seen a 25% reduction in claims. Even with the occasional catastrophic claim, 25% reduction has had an impact on their bottom line.
I have another client who had such a unsafe work environment, they could not afford purchase workers compensation insurance or satisfy the financial and SAFETY standard of self funding. The business had to close that plant putting 300 people out of work.
The data supports the fact Robert Murrary mine owner ignored the rules. He took advantage of this White House's failure to fund inspecting agencies. Or give them the authority to put this guy out of business. Murry has failed miserably to self regulate his business.
The money he used to donate to the Republican party could have been used to make a work environment, risky by its nature, safer for the people who have made him very wealthy.
The families will receive some form of indemnity benefits. Will it be enough to replace the person lost in the mine? I will leave that answer to the families.
Robert Murray should land in jail because of his REFUSAL to the best he could for his employees and community.
The smart companies do not have to be talked into basic safety management. I listened in horror as the Ariana Huffington said in her interview on Countdown that there was not return on a companies investment for safety. She in no way was justifying this typical corporate behavior. However, she was wrong.
When an catastrophic claim occurs resulting in death or worse when the survive, companies will spend far more on these claims and increased premiums, state assessments, than the cost of implementing a basic safety program.
Our year began with a seasoned lineman who did not perform "lockout, tag out" procedure. This procedure is named after the policy and procedure. The worker is to shut off the electricity and "lock and tag" the source.
His chose not to perform this task which would have slowed him down by oh ten minutes. He is burned over sixty percent of his body.
To date we have burned through two million dollars. Unlike some employers, this client takes safety seriously.
"Safety first and last" is their mantra. Two years ago, they implemented a zero tolerance for failure to where the personal protection equipment and follow procedures. Furthermore, they empowered the safety directors to enforce the procedures.
In two years, they have seen a 25% reduction in claims. Even with the occasional catastrophic claim, 25% reduction has had an impact on their bottom line.
I have another client who had such a unsafe work environment, they could not afford purchase workers compensation insurance or satisfy the financial and SAFETY standard of self funding. The business had to close that plant putting 300 people out of work.
The data supports the fact Robert Murrary mine owner ignored the rules. He took advantage of this White House's failure to fund inspecting agencies. Or give them the authority to put this guy out of business. Murry has failed miserably to self regulate his business.
The money he used to donate to the Republican party could have been used to make a work environment, risky by its nature, safer for the people who have made him very wealthy.
The families will receive some form of indemnity benefits. Will it be enough to replace the person lost in the mine? I will leave that answer to the families.
Robert Murray should land in jail because of his REFUSAL to the best he could for his employees and community.
Thursday, August 16, 2007
Work Place Epiphany
The summer is coming to a close. My insane clients, with the exception of one, are blessedly on vacation.
The staff vacation rotation has begun. Because of what we do, they rarely take week long blocks. We are so thin on staff, no one is available to pick up the slack in their work, adding to their stress. Having survived a third sale, this year things are different. They all were instructed to take a least five work days in a row. The down time is essential.
As a practice, they are strictly forbidden from taking their laptops, blackberries and cell phones with them. This year is no exception, they really need the break. I do practice what I preach.
After my daughter graduated from high school I stopped taking summer vacations. I have found that by taking my vacation in the fall, my break from work stress is longer.
With fall approaching, the budget process is looming in the horizon. I doubt there will be any major changes. I anticipate carrying my former COO, now a mentor producer, on my books. He is an overpaid buddy of the CEO. Of course, he makes more money than me. Enough said.
We will only provide for maximum 3% raises and expect more productivity while the shareholders print money.
Our division limps along without the infrastructure to service our clients. We are a pimple on the backside of this billion dollar enterprise, but keeping our servers running seems to be a major task.
Recently, my best friend ask me "Why are you more committed to this company than your boss?"
Good question.
The pool is waiting.
The staff vacation rotation has begun. Because of what we do, they rarely take week long blocks. We are so thin on staff, no one is available to pick up the slack in their work, adding to their stress. Having survived a third sale, this year things are different. They all were instructed to take a least five work days in a row. The down time is essential.
As a practice, they are strictly forbidden from taking their laptops, blackberries and cell phones with them. This year is no exception, they really need the break. I do practice what I preach.
After my daughter graduated from high school I stopped taking summer vacations. I have found that by taking my vacation in the fall, my break from work stress is longer.
With fall approaching, the budget process is looming in the horizon. I doubt there will be any major changes. I anticipate carrying my former COO, now a mentor producer, on my books. He is an overpaid buddy of the CEO. Of course, he makes more money than me. Enough said.
We will only provide for maximum 3% raises and expect more productivity while the shareholders print money.
Our division limps along without the infrastructure to service our clients. We are a pimple on the backside of this billion dollar enterprise, but keeping our servers running seems to be a major task.
Recently, my best friend ask me "Why are you more committed to this company than your boss?"
Good question.
The pool is waiting.
Hold on Boys and Girls
Like many others, I have a few bucks in my 401K. Just like a few years ago, I will ignore my statement. Any earnings have, no doubt, been wiped out.
For those who have borrowed to invest, I am anticipating a scene in Trading Places, to be replayed globally.
props to Suburban Guerrilla.
For those who have borrowed to invest, I am anticipating a scene in Trading Places, to be replayed globally.
props to Suburban Guerrilla.
Rove's departure, the untold story
"That's why I think there might be more to Rove's decision to step down. Like the two above, it may be that Rove is stepping down for reasons other than the run of the mill political scandal. Why hasn't anyone considered the possibility that Rove literally got caught with his, or someone else's, pants down?"
I could only hope the pants belong to the Independent Democrat.
props to Booman Tribune
I could only hope the pants belong to the Independent Democrat.
props to Booman Tribune
NBA ref pleads guilty
Here is a textbook example of a gambling addiction playing out on the world stage. Donaghy got involved with some dangerous people.
This story is far from being over. I'm not sure letting him run around before sentencing is good for him or his family.
This story is far from being over. I'm not sure letting him run around before sentencing is good for him or his family.
Joys of a Global Market
"It's a kind of a panic among individual investors," said Cho Hong Rae, head of research at Korea Investment & Securities in Seoul, adding that domestic retail investors had up until Thursday generally been buying shares as they declined."
Investors the world over are running to the bathroom. Everyone was gleefully stunned when the market pierced 13K. This is the time when the phone lines are heating up. Financial planners are either holding the hands of their clients during this period, calmly advising " this is a good time to buy, remember you are in it for the long haul." Or worse, they are no where to be found.
Is this a correction or the beginning of a nightmare? Time will tell.
Investors the world over are running to the bathroom. Everyone was gleefully stunned when the market pierced 13K. This is the time when the phone lines are heating up. Financial planners are either holding the hands of their clients during this period, calmly advising " this is a good time to buy, remember you are in it for the long haul." Or worse, they are no where to be found.
Is this a correction or the beginning of a nightmare? Time will tell.
Wednesday, August 15, 2007
A sign of things to come?
Even though I love the Birds, I rarely watch preseason games. The starters smartly play a few downs. The rest of the game is played by players who won't be seen again.
When David Akers misses a field goal my heart just sank. Groan.
The defense seems to continue to struggle with the run.
It's the pre-season, it's the pre-season,
Right?
When David Akers misses a field goal my heart just sank. Groan.
The defense seems to continue to struggle with the run.
It's the pre-season, it's the pre-season,
Right?
Aaron has left the building
Good for Aaron. He did the right thing buy leaving Atlanta. I'm surprised that Bonds wasn't given the Sherman welcome. Atlanta still spits out his name.
There is talk of Bonds playing one more season. It is evident the Giants have had enough. What team would want him?
There is talk of Bonds playing one more season. It is evident the Giants have had enough. What team would want him?
Buy American
When I was growing up, "buy American" was the mantra. Now that the lack of basic controls are rising to the surface on the cheap Chinese imports, Americans are looking for the American made label.
Who knows, maybe this will be the return of manufacturing jobs. If employers do the right thing and provide a living wage, create a safe workplace, there will be harmony. Everybody wins.
Who knows, maybe this will be the return of manufacturing jobs. If employers do the right thing and provide a living wage, create a safe workplace, there will be harmony. Everybody wins.
Tuesday, August 14, 2007
Bad toys
Wouldn't you rather buy less more expensive toys that wouldn't poison your kid? I was one of those parents whose kid's room looked like a toy store outlet. Most of the time she played with a $3 bunny she named Amy.
When products are manufactured overseas by countries that don't have the minimum safety requirements in place this in the end result.
How about we have China outsource those jobs to us?
When products are manufactured overseas by countries that don't have the minimum safety requirements in place this in the end result.
How about we have China outsource those jobs to us?
Too Many
We are losing a war at home that far too many are aware that we are waging. The media needs to spend less time on the blonde Hollywood brats and more time on these societal ills.
But that is not as sexy.
But that is not as sexy.
American Dream Defined
"The trucker I met Saturday in Virginia not only believed in the American Dream, he believed he had achieved it. He owned his own truck. He owned a nice house in Texas on a lake near the Louisiana border. His brother owned five trucks.
He probably drew certain conclusions from the way I dress and talk. But if he was at all curious about what I did, he didn’t show it, or didn’t want to veer off into topics where he wasn’t in control. Instead, he talked about the things any guy would want to put at the center of his life: highways, engines, hauling, dogs and food."
Hooray for the Trucker. How many folks get to do the job they actual like, let alone love? This gentlemen defined his rendition of the American Dream and is living it everyday.
Good for him.
He probably drew certain conclusions from the way I dress and talk. But if he was at all curious about what I did, he didn’t show it, or didn’t want to veer off into topics where he wasn’t in control. Instead, he talked about the things any guy would want to put at the center of his life: highways, engines, hauling, dogs and food."
Hooray for the Trucker. How many folks get to do the job they actual like, let alone love? This gentlemen defined his rendition of the American Dream and is living it everyday.
Good for him.
Monday, August 13, 2007
Justice for Janitors, Justice for US
All too often these service providers go unnoticed until their work in inadequate or not there. If you work late you encounter them. Rarely is English their first language. Why? Because they do the jobs blacks refuse to do.
What is not discussed is the labor intensive work provides low pay, no health benefits, sick or vacation time.
The CLASS of people these folks clean up after have the bank of time to take a day off to take their sick child to the doctor. This CLASS of people have a bank of PTO because they are pressured whether real or imagined not to take time away from making money for the shareholders. When they actually take time off, they are still connected with the electronic monitoring devices called blackberries, cell phones and laptops.
The janitors are more prone to sustain occupational injuries. Even though it is ILLEGAL for employers not to provide workers compensation coverage, employers rarely SPEND the money on this insurance. Furthermore, these claims go unreported for FEAR of losing their job.
The common link between these CLASSES of employees is both are afraid to take time off from their jobs. Like it or not those remaining in the middle tier have more in common with the janitorial staff than they do with the shareholders. The owners of both types of companies make money off of our/their labor.
So the next time you are wrapping up your twelve hour day, look up from your computer screen and say hello to your fellow
janitor.
THEY at least know their role.
What is not discussed is the labor intensive work provides low pay, no health benefits, sick or vacation time.
The CLASS of people these folks clean up after have the bank of time to take a day off to take their sick child to the doctor. This CLASS of people have a bank of PTO because they are pressured whether real or imagined not to take time away from making money for the shareholders. When they actually take time off, they are still connected with the electronic monitoring devices called blackberries, cell phones and laptops.
The janitors are more prone to sustain occupational injuries. Even though it is ILLEGAL for employers not to provide workers compensation coverage, employers rarely SPEND the money on this insurance. Furthermore, these claims go unreported for FEAR of losing their job.
The common link between these CLASSES of employees is both are afraid to take time off from their jobs. Like it or not those remaining in the middle tier have more in common with the janitorial staff than they do with the shareholders. The owners of both types of companies make money off of our/their labor.
So the next time you are wrapping up your twelve hour day, look up from your computer screen and say hello to your fellow
janitor.
THEY at least know their role.
Karl Rove leaves OZ
Now the bastard leaves, after he helped destroy the Constitution and run our Country in the ground. I am horrified to see what other damage Bush can do without his brain.
Thanks for nothing.
Thanks for nothing.
Sunday, August 12, 2007
Addicted to More
When my daughter reaches into the scrapbook of her mind, the trips to park, showing up at school events, just hanging out are the ones that bubble to the surface.
She is child of two divorced parents who made/make a decent buck. She has had some awesome vacations. Why? Well if he is taking her to the Caymans, I must counter that with a trip to Aruba.
It was my mother, who pointed out what I was doing. Mind you, she was a companion on these competitive vacations. But she was right. My daughter lumps the trip to the park in the same category as an exotic trip.
In either place, she wanted spend time with her parents. So how about less time at work chasing "more" and more time with the little people.
How dare we get annoyed with their lack of appreciation.....
Children just want our time.
She is child of two divorced parents who made/make a decent buck. She has had some awesome vacations. Why? Well if he is taking her to the Caymans, I must counter that with a trip to Aruba.
It was my mother, who pointed out what I was doing. Mind you, she was a companion on these competitive vacations. But she was right. My daughter lumps the trip to the park in the same category as an exotic trip.
In either place, she wanted spend time with her parents. So how about less time at work chasing "more" and more time with the little people.
How dare we get annoyed with their lack of appreciation.....
Children just want our time.
Somebody wake me up from this American Dream
"Although significant, the losses won't be large enough to topple the United States' $12 trillion economy, Cagan said. "This is the turning of a business cycle," he said. "There will be some pain, but most people will be fine and most lenders will be fine."
That's little consolation to homeowners like Andrew Villaruz, a 43-year-old hospital administrator who said he refinanced into an option-ARM late last year without understanding what he was getting into. His loan balance quickly grew from $364,000 to $370,000, a shift that become even more disturbing to him as he watched more foreclosure signs go up around his Sacramento neighborhood.
Coupled with other costs lumped into the loan, Villaruz figures he lost about $25,000 by the time he found another lender willing to refinance him into a more conventional mortgage. He sheepishly acknowledged he had never heard of a negative amortization loan until he had one. He knows enough now to stay away from them.
"They might be good for people who make a lot of money, but they don't pan out for the average person," he said. "They just don't make sense.""
When it was it "those stupid not credit worthy" people, there was little registration on the compassion meter. Now that a hospital administrator didn't understand what "he was getting into," he's looking for a little understanding.
Newsflash Mr. Hospital Administrator, if you don't pay your mortgage, on time, your credit will look no different then "those subprime" people.
The disturbing part of this entire debacle is the housing market was overpriced. Too many people were building bigger home when, I'm just guessing" they reallly didn't need "that much house."
But inorder to feed in their fantasy of wealth, these people overextended themselves. I had two employees purchase homes in the past two years. One whom graduated with honors from Franklin & Marshall in business. The other a possessed a high school diploma from a rural county. Both employees put NO money down but just knew it was time to buy.
In their excitement, I asked a simple question of both "Will you have money at the end of the month?" Both were surprised by the question. It never occured to them. Their friendly mortgage broker told them it was time for them to buy a house. Neither employee had prepared a simple budget.
Every 28 year old needs to buy an overpriced four bedroom home, right?
When they signed on the dotted line they could afford the ARM monthly payments as they were trying to convince me and themselves. When the call arrived, I verified their employment income.
Now these former employees and their spouses are working two jobs now just make ends meet. So when do these spend time in their dream homes?
(Oh I forgot to mention, that when our company was preparing to be purchased for the second time in three years, we had to lay people off. Neither employee anticipated losing their jobs within sixty days of buying their homes.)
Now the Feds are dumping money into the markets so RICH people won't lose their expensive shorts in this shell game.
Home depot is having a sale on tents.....
That's little consolation to homeowners like Andrew Villaruz, a 43-year-old hospital administrator who said he refinanced into an option-ARM late last year without understanding what he was getting into. His loan balance quickly grew from $364,000 to $370,000, a shift that become even more disturbing to him as he watched more foreclosure signs go up around his Sacramento neighborhood.
Coupled with other costs lumped into the loan, Villaruz figures he lost about $25,000 by the time he found another lender willing to refinance him into a more conventional mortgage. He sheepishly acknowledged he had never heard of a negative amortization loan until he had one. He knows enough now to stay away from them.
"They might be good for people who make a lot of money, but they don't pan out for the average person," he said. "They just don't make sense.""
When it was it "those stupid not credit worthy" people, there was little registration on the compassion meter. Now that a hospital administrator didn't understand what "he was getting into," he's looking for a little understanding.
Newsflash Mr. Hospital Administrator, if you don't pay your mortgage, on time, your credit will look no different then "those subprime" people.
The disturbing part of this entire debacle is the housing market was overpriced. Too many people were building bigger home when, I'm just guessing" they reallly didn't need "that much house."
But inorder to feed in their fantasy of wealth, these people overextended themselves. I had two employees purchase homes in the past two years. One whom graduated with honors from Franklin & Marshall in business. The other a possessed a high school diploma from a rural county. Both employees put NO money down but just knew it was time to buy.
In their excitement, I asked a simple question of both "Will you have money at the end of the month?" Both were surprised by the question. It never occured to them. Their friendly mortgage broker told them it was time for them to buy a house. Neither employee had prepared a simple budget.
Every 28 year old needs to buy an overpriced four bedroom home, right?
When they signed on the dotted line they could afford the ARM monthly payments as they were trying to convince me and themselves. When the call arrived, I verified their employment income.
Now these former employees and their spouses are working two jobs now just make ends meet. So when do these spend time in their dream homes?
(Oh I forgot to mention, that when our company was preparing to be purchased for the second time in three years, we had to lay people off. Neither employee anticipated losing their jobs within sixty days of buying their homes.)
Now the Feds are dumping money into the markets so RICH people won't lose their expensive shorts in this shell game.
Home depot is having a sale on tents.....
Buy Coleman
Let's see, private equity companies are taking a breather from buying successful companies, sucking the life out them by doing the EBITA dance, shutting down divisions then selling the companies and record profits.
The collateral damage are the employees would made the company profitable in the first place. Either they are laid off and the survivors will be rewarded with more work and a 2% raise.
Here's an investment tip, buy stock in Coleman, because the folks who can't keep up with the AMR's will be living in a tent city near you.
"Those people" may look surprisingly like your college educated neighbors.
The collateral damage are the employees would made the company profitable in the first place. Either they are laid off and the survivors will be rewarded with more work and a 2% raise.
Here's an investment tip, buy stock in Coleman, because the folks who can't keep up with the AMR's will be living in a tent city near you.
"Those people" may look surprisingly like your college educated neighbors.
See you in September
"Surely it was a coincidence that this latest statement of official Bush administration amnesia was released on Aug. 6, the sixth anniversary of the President’s Daily Brief titled “Bin Laden Determined to Strike in U.S.”
And so the president, firm in his resolve against “Al Qaeda in Iraq,” heads toward another August break in Crawford while Al Qaeda in Pakistan and Afghanistan remains determined to strike in America. No one can doubt Mr. Bush’s triumph in the P.R. war: There are more American troops than ever mired in Iraq, sent there by a fresh round of White House fictions. And the real war? The enemy that did attack us six years ago, sad to say, is likely to persist in its nasty habit of operating in the reality-based world that our president disdains."
I'm sure the soldiers stationed in Iraq would like to take the sweltering month of August off.
And so the president, firm in his resolve against “Al Qaeda in Iraq,” heads toward another August break in Crawford while Al Qaeda in Pakistan and Afghanistan remains determined to strike in America. No one can doubt Mr. Bush’s triumph in the P.R. war: There are more American troops than ever mired in Iraq, sent there by a fresh round of White House fictions. And the real war? The enemy that did attack us six years ago, sad to say, is likely to persist in its nasty habit of operating in the reality-based world that our president disdains."
I'm sure the soldiers stationed in Iraq would like to take the sweltering month of August off.
Saturday, August 11, 2007
Lack of Hope=Urban Genocide
n Camden, N.J., on a Sunday morning in June, a 24-year-old nurse’s aide was killed in a burst of gunfire as she stood talking with a friend on a street corner. She was one of four young people killed in a four-day eruption of violence in Camden.
A teenager who lives in the city tried to explain to me what it was like to have a number of friends or relatives murdered: “You don’t exactly get used to it,” he said, “but you expect it.”
"Philadelphia, across the Delaware River from Camden, is struggling with an even worse problem. As if signaling the start of an accelerated killing season, six people were murdered on the first day of summer. Philly’s homicide rate is on pace to break last year’s tally of 406.
As Senator Barack Obama said during a visit to a Chicago church last month, “From South-Central L.A., to Newark, New Jersey, there’s an epidemic of violence that is sickening the soul of this nation.”
More attention to this crisis of violence is needed, and more police resources, and more jobs, and better schools, and improved prison re-entry programs, and tighter gun controls. But more than anything else, a cultural change is needed.
The communities hardest hit are those in which too many parents have failed their children. The most effective anti-crime effort begins at home with parents (fathers, are you listening?) who raise their kids to know better than to point a gun at another human being and blow that person away for no good reason.
That’s the essential component. Without it, all other crime-fighting efforts are doomed, and thousands upon thousands of poor youngsters will continue to be denied their most basic civil right — the right to grow safely to adulthood."
I AGREE WITH MR. HERBERT!
Fifteen years ago I met a smart, spirited and sort of cute attorney. We were thirty at the time. Through happentance our paths crossed. He had just left the DA's office and was working in a tiny minority firm. Another friend was looking to diversify his Irish, Jewish firm.
The transition to this all white firm was not easy for this gentlemen with the Muslim name. Part of the problem was his world view was different. As a practice he carried a gun. He didn't think twice about it. He wore it as easy as they all wore their Brooks Brothers suits. This was very unnerving for a corporate law firm.
Eventually, the experiment ended and he started his own successful criminal defense firm. On the eve of his firm's anniversary party, we had a reflective conversation. I inquired what do you think happened at the other firm?
He gave me a big smile and said, I really did not expect to make 30 so I never really planned for life once I got there.
Wow.
I grew up in a community with OLD people. Many of my most powerful life's lessons came from my GREAT Grandparents. They lived across the street from us. They worked everyday, went to church and travelled with us to all of our events. The loved baseball. Both my brothers played and they couldn't wait for the games.
They never quite understood the field hockey I played but they were always there.
It was expected that we went to college. My grandparents saw in us opportunities they could only dream of.
When I entertained "not walking" to pick up my college diploma, my Mom dimed me out to my Grandmother. After work that day, before I got out of my car, my Grandmother summoned me. My mother stood in the doorway smirking.
My grandparents informed me how important the walking across the stage was to them. I was the first person in the family to get a college diploma and it was going to be done right.
It was a very brief directive.
The day of graduation was record cold but we froze our backsides off taking pictures in front of the school signs. My father took pictures until my grandfather told my grandmother it was time to go home. He didn't say much, but when he did, Grandmom relented.
I am so glad I had family to point out positive rituals and accomplishments. They cared enough to fuss at me. The respect was instilled early and often enough that I listened. We expected to work and live in white America. We were taught survival skills with the expectation to get an education, a good job, get married have babies, get a pension, retire, THEN die. In that order....
What we are dealing with is a generation of kids who do not expect to make their next birthday. Unless this generation is taught there is the possiblity of life past 15, the issue will solve itself. They will all be dead or shuttled into the dysfunctional criminal justice system.
The hope must begin at home.
A teenager who lives in the city tried to explain to me what it was like to have a number of friends or relatives murdered: “You don’t exactly get used to it,” he said, “but you expect it.”
"Philadelphia, across the Delaware River from Camden, is struggling with an even worse problem. As if signaling the start of an accelerated killing season, six people were murdered on the first day of summer. Philly’s homicide rate is on pace to break last year’s tally of 406.
As Senator Barack Obama said during a visit to a Chicago church last month, “From South-Central L.A., to Newark, New Jersey, there’s an epidemic of violence that is sickening the soul of this nation.”
More attention to this crisis of violence is needed, and more police resources, and more jobs, and better schools, and improved prison re-entry programs, and tighter gun controls. But more than anything else, a cultural change is needed.
The communities hardest hit are those in which too many parents have failed their children. The most effective anti-crime effort begins at home with parents (fathers, are you listening?) who raise their kids to know better than to point a gun at another human being and blow that person away for no good reason.
That’s the essential component. Without it, all other crime-fighting efforts are doomed, and thousands upon thousands of poor youngsters will continue to be denied their most basic civil right — the right to grow safely to adulthood."
I AGREE WITH MR. HERBERT!
Fifteen years ago I met a smart, spirited and sort of cute attorney. We were thirty at the time. Through happentance our paths crossed. He had just left the DA's office and was working in a tiny minority firm. Another friend was looking to diversify his Irish, Jewish firm.
The transition to this all white firm was not easy for this gentlemen with the Muslim name. Part of the problem was his world view was different. As a practice he carried a gun. He didn't think twice about it. He wore it as easy as they all wore their Brooks Brothers suits. This was very unnerving for a corporate law firm.
Eventually, the experiment ended and he started his own successful criminal defense firm. On the eve of his firm's anniversary party, we had a reflective conversation. I inquired what do you think happened at the other firm?
He gave me a big smile and said, I really did not expect to make 30 so I never really planned for life once I got there.
Wow.
I grew up in a community with OLD people. Many of my most powerful life's lessons came from my GREAT Grandparents. They lived across the street from us. They worked everyday, went to church and travelled with us to all of our events. The loved baseball. Both my brothers played and they couldn't wait for the games.
They never quite understood the field hockey I played but they were always there.
It was expected that we went to college. My grandparents saw in us opportunities they could only dream of.
When I entertained "not walking" to pick up my college diploma, my Mom dimed me out to my Grandmother. After work that day, before I got out of my car, my Grandmother summoned me. My mother stood in the doorway smirking.
My grandparents informed me how important the walking across the stage was to them. I was the first person in the family to get a college diploma and it was going to be done right.
It was a very brief directive.
The day of graduation was record cold but we froze our backsides off taking pictures in front of the school signs. My father took pictures until my grandfather told my grandmother it was time to go home. He didn't say much, but when he did, Grandmom relented.
I am so glad I had family to point out positive rituals and accomplishments. They cared enough to fuss at me. The respect was instilled early and often enough that I listened. We expected to work and live in white America. We were taught survival skills with the expectation to get an education, a good job, get married have babies, get a pension, retire, THEN die. In that order....
What we are dealing with is a generation of kids who do not expect to make their next birthday. Unless this generation is taught there is the possiblity of life past 15, the issue will solve itself. They will all be dead or shuttled into the dysfunctional criminal justice system.
The hope must begin at home.
Friday, August 10, 2007
Mining disaster
My hope is the miners are found alive. After the rescue, an investigation of the owner needs to occur. Reports are emerging that his mine is not safe and he is a greedy bastard.
If it is determined that he put his people in harms way to squeeze out more profits, then he and all his bluster should land in jail.
To compound the problem, the agencies set up to protect workers rights have be woefully underfunded. Not that their were a ton of OSHA inspectors running around before Shrub was handed the first election. There are more crickets in these offices than people.
If this becomes a recovery mission, then he should be charged with murder. Those who benefited from his profits via political donations and turned a blind eye to his behavior have coal dust on their hands.
If it is determined that he put his people in harms way to squeeze out more profits, then he and all his bluster should land in jail.
To compound the problem, the agencies set up to protect workers rights have be woefully underfunded. Not that their were a ton of OSHA inspectors running around before Shrub was handed the first election. There are more crickets in these offices than people.
If this becomes a recovery mission, then he should be charged with murder. Those who benefited from his profits via political donations and turned a blind eye to his behavior have coal dust on their hands.
Will the real Mitt Romney stand up?
"In interviews, Romney talks easily about books by Fareed Zakaria and Rory Stewart, but in public his frame of cultural reference is mostly limited to songs like “Whistle While You Work.” (Why do the Democratic candidates pretend to be smarter than they really are, while the Republicans pretend to be dumber?)
He is also the world’s worst culture warrior. George H. W. Bush’s son could resent the coastal cultural elites, but George Romney’s son just can’t. He’s a 1950s consensus man — he asked his grandkids to call him Ike, after his hero — who is play-acting at being Pat Buchanan. He’s unable to do anger. I asked him recently who he hated, and he dodged the question.
Finally, Romney’s real passions seem sparked by issues he rarely gets to talk about. When I asked him why the G.O.P. is in such bad straits, he said it’s because the party had ceded issues like the environment, education and health care to the Democrats.
Somehow the Romney campaign seems less like an authentic conservative campaign than an outsider’s view of what a conservative campaign should be. It oversimplifies everything, and underexploits the G.O.P.’s vestigial longing for efficient administration. I suspect the Romney campaign would do even better if it let the real Mitt Romney out to play."
He is also the world’s worst culture warrior. George H. W. Bush’s son could resent the coastal cultural elites, but George Romney’s son just can’t. He’s a 1950s consensus man — he asked his grandkids to call him Ike, after his hero — who is play-acting at being Pat Buchanan. He’s unable to do anger. I asked him recently who he hated, and he dodged the question.
Finally, Romney’s real passions seem sparked by issues he rarely gets to talk about. When I asked him why the G.O.P. is in such bad straits, he said it’s because the party had ceded issues like the environment, education and health care to the Democrats.
Somehow the Romney campaign seems less like an authentic conservative campaign than an outsider’s view of what a conservative campaign should be. It oversimplifies everything, and underexploits the G.O.P.’s vestigial longing for efficient administration. I suspect the Romney campaign would do even better if it let the real Mitt Romney out to play."
Let's talk about money
"The Fed normally responds to economic problems by cutting interest rates — and as of yesterday morning the futures markets put the probability of a rate cut by the Fed before the end of next month at almost 100 percent. It can also lend money to banks that are short of cash: yesterday the European Central Bank, the Fed’s trans-Atlantic counterpart, lent banks $130 billion, saying that it would provide unlimited cash if necessary, and the Fed pumped in $24 billion.
But when liquidity dries up, the normal tools of policy lose much of their effectiveness. Reducing the cost of money doesn’t do much for borrowers if nobody is willing to make loans. Ensuring that banks have plenty of cash doesn’t do much if the cash stays in the banks’ vaults.
There are other, more exotic things the Fed and, more important, the executive branch of the U.S. government could do to contain the crisis if the standard policies don’t work. But for a variety of reasons, not least the current administration’s record of incompetence, we’d really rather not go there.
Let’s hope, then, that this crisis blows over as quickly as that of 1998. But I wouldn’t count on it."
The past two weeks have been bumpy for investors. Even if you don't have skin in the game per se, you will affected indirectly, through higher prices, or inability to get credit.
Finances is the one subject, we as a society fail to discuss openly. Talk about family secrets. People live in expensive trappings but work wacky hours just to have bigger homes or the latest gadgets. How many families are living beyond their means? Their homes and crap are built upon shaking credit.
I came from a working class family. In my junior year, my school had a trip to France. I think my father would have a given up a kidney than tell me this trip was not in the budget. He was very bitter and angry about the whole thing. A simple we can't do it would have been fine. There would have been less hard feelings about the situation. I learned a lot about finances and the silly secrets.
The mortgage drama has been created, in my humble opinion, by people's failure to have a basic understanding of finances.
Budgeting and the concepts of borrowing money should be taught by schools by the eighth grade. If your folks won't talk about it the schools need to step in.
But when liquidity dries up, the normal tools of policy lose much of their effectiveness. Reducing the cost of money doesn’t do much for borrowers if nobody is willing to make loans. Ensuring that banks have plenty of cash doesn’t do much if the cash stays in the banks’ vaults.
There are other, more exotic things the Fed and, more important, the executive branch of the U.S. government could do to contain the crisis if the standard policies don’t work. But for a variety of reasons, not least the current administration’s record of incompetence, we’d really rather not go there.
Let’s hope, then, that this crisis blows over as quickly as that of 1998. But I wouldn’t count on it."
The past two weeks have been bumpy for investors. Even if you don't have skin in the game per se, you will affected indirectly, through higher prices, or inability to get credit.
Finances is the one subject, we as a society fail to discuss openly. Talk about family secrets. People live in expensive trappings but work wacky hours just to have bigger homes or the latest gadgets. How many families are living beyond their means? Their homes and crap are built upon shaking credit.
I came from a working class family. In my junior year, my school had a trip to France. I think my father would have a given up a kidney than tell me this trip was not in the budget. He was very bitter and angry about the whole thing. A simple we can't do it would have been fine. There would have been less hard feelings about the situation. I learned a lot about finances and the silly secrets.
The mortgage drama has been created, in my humble opinion, by people's failure to have a basic understanding of finances.
Budgeting and the concepts of borrowing money should be taught by schools by the eighth grade. If your folks won't talk about it the schools need to step in.
Thursday, August 09, 2007
Wisdom from Grrison Keillor
"Unless the bridges get blown up by helpful terrorists, making us eligible for Halliburton to come in and rebuild them, I don't imagine that much will happen. There will be an investigation and someday, when we are much older, we will learn that the bridge collapsed due to a unique set of circumstances that could not have been predicted by anybody. Nobody had sex with that woman. Everybody was doing a heckuva job.
I like the Mayo Clinic a lot and prefer it to the chiropractor down the street, but of course this is my responsibility and not the state of Minnesota's. The day when we look to big government for solutions to our transportation problems is gone. Our governor has twice vetoed a 7.5-cent increase in the state gasoline tax to pay for road and bridge repair. He believes it is dumb. So it's up to us to solve our own problems. Rochester is 88 miles away. Northwest Airlines offers seven flights daily for a roundtrip fare of about 500 bucks, or slightly more than the fare to New York. You want to visit Rochester, pay your own freight. Don't expect Minnesota to take care of you."
I like the Mayo Clinic a lot and prefer it to the chiropractor down the street, but of course this is my responsibility and not the state of Minnesota's. The day when we look to big government for solutions to our transportation problems is gone. Our governor has twice vetoed a 7.5-cent increase in the state gasoline tax to pay for road and bridge repair. He believes it is dumb. So it's up to us to solve our own problems. Rochester is 88 miles away. Northwest Airlines offers seven flights daily for a roundtrip fare of about 500 bucks, or slightly more than the fare to New York. You want to visit Rochester, pay your own freight. Don't expect Minnesota to take care of you."
Missing the point
Roger Cohen misses one glaring point in his essay. Information from newspapers are the foundation for many blogs. By linking to the news items, people who don't read the papers have this information.
Bloggers are just making the "reporters" accountable for what they write or report on the air. If NY times did not provide a liberal voice for this White House maybe there would have been more questions about this fiasco.
News is no longer read on a street corner. Pamphlets are no longer a source of news. Rupurt Murdoch has finally purchased the Wall Street journal. He is more of a threat to Cohens profession then the netroots.
Bloggers are just making the "reporters" accountable for what they write or report on the air. If NY times did not provide a liberal voice for this White House maybe there would have been more questions about this fiasco.
News is no longer read on a street corner. Pamphlets are no longer a source of news. Rupurt Murdoch has finally purchased the Wall Street journal. He is more of a threat to Cohens profession then the netroots.
Wednesday, August 08, 2007
Tainted Row
I got it...
The Hall of the Fame should have a special section called Tainted Row.
Mark McGuire, Sammy Sosa and Barry Bonds will find their in to the Hall of Fame.
The Hall of the Fame should have a special section called Tainted Row.
Mark McGuire, Sammy Sosa and Barry Bonds will find their in to the Hall of Fame.
Hank Aaron Classy hero
"I would like to offer my congratulations to Barry Bonds on becoming baseball's career home run leader," Aaron said. "It is a great accomplishment which requires longevity and determination. Throughout the past century, the home run has held a special place in baseball, and I have been privileged to hold this record for 33 of those years.
"I move over now and offer my best wishes to Barry and his family on this historical achievement. My hope today, as it was on that April evening in 1974, is that the achievement of this record will inspire others to chase their own dreams."
"I move over now and offer my best wishes to Barry and his family on this historical achievement. My hope today, as it was on that April evening in 1974, is that the achievement of this record will inspire others to chase their own dreams."
Size Matters
Rep. Kucinich's has the smartest platform. If he were taller and his voice were stronger he would be leading the pack.
We are going to miss out on a bright leader because of his size. He will lose and so will the country.
We are going to miss out on a bright leader because of his size. He will lose and so will the country.
What a man!
On the night the other guy made some noise in San Francisco, Phillies own Ryan Howard is slowly building some stats of his own.
Being the "runt of the litter" in his family, his power comes genetics and probably biscuits. Good for us, good for baseball.
Being the "runt of the litter" in his family, his power comes genetics and probably biscuits. Good for us, good for baseball.
Too important to sweat the details
The basic CEO defense of “I was too important to worry about accounting details” would have become very popular if it had worked.
You got to love Gregory Reyes, CEO of Brocade Communications. My guess is he will look smashing in his prison garb.
You got to love Gregory Reyes, CEO of Brocade Communications. My guess is he will look smashing in his prison garb.
Tuesday, August 07, 2007
Ozzie " Bonds is not welcome"
"White Sox manager Ozzie Guillen completely ruled out his interest in signing Barry Bonds for 2008. "When you go out to stretch, you have to go with the ballclub," Guillen said. "When you go out for the national anthem, you have to be out for the national anthem. The rules are for 25 guys, not 24. "Maybe Barry says, 'I don't want to play for you either.' I don't want to say I'm different, but I like when we have team rules, everybody goes for it."
I am suddenly in love with Ozzie Guillen...........
I am suddenly in love with Ozzie Guillen...........
Fear is the new kryptonite
"Yet the bill that passed the Senate on Friday and the House on Saturday attracted mostly Republican support. In all, only 41 House Democrats voted for it and its inclusion of new powers to force the cooperation of telecommunications firms and to tap into e-mail correspondence and telephone conversations without court approval; 181 House Democrats voted against it.
Democratic leaders said they did win agreement that the authority would be in effect for only six months, at which point it would be revisited, though the House speaker, Nancy Pelosi, immediately called the law "unacceptable" and vowed to change it sooner. Vice President Dick Cheney urged Congress to make the law permanent.
The arguments behind the expanded wiretapping power - that failure to grant it would result in attacks here - were reminiscent of those Republicans aimed at Democrats during the 2002 congressional election, a contest that brought a Republican victory, and arguably helped Bush a year later to win Democratic votes authorizing the use of force against Iraq.
And Democratic memories are still fresh with attacks Bush used in 2004 against Senator John Kerry of Massachusetts, a presidential rival he portrayed as "weak on terror." That Bush would succeed this month - and on a program as controversial as the eavesdropping carried out by the National Security Agency - was somewhat surprising, given that the White House has seen its credibility on war and terrorism perceptibly erode this year.
In recounting the weekend showdown Monday, Democrats said they believed they had an agreement with McConnell on a narrow set of provisions that could address gaps in the surveillance law. But they said McConnell had pushed for broader presidential authority than they were ready to grant. "We acceded to them and said, 'If this is the bar, we'll do it,' " said Representative Rahm Emanuel of Illinois, chairman of the House Democratic Caucus. But, he said, "then they would come back and say, 'That's not enough.' "
When Bush has no other card to play, he whips out the fear card. The Dems fall hard like Superman being exposed to kryptonite.
This is no way to run a country.
Democratic leaders said they did win agreement that the authority would be in effect for only six months, at which point it would be revisited, though the House speaker, Nancy Pelosi, immediately called the law "unacceptable" and vowed to change it sooner. Vice President Dick Cheney urged Congress to make the law permanent.
The arguments behind the expanded wiretapping power - that failure to grant it would result in attacks here - were reminiscent of those Republicans aimed at Democrats during the 2002 congressional election, a contest that brought a Republican victory, and arguably helped Bush a year later to win Democratic votes authorizing the use of force against Iraq.
And Democratic memories are still fresh with attacks Bush used in 2004 against Senator John Kerry of Massachusetts, a presidential rival he portrayed as "weak on terror." That Bush would succeed this month - and on a program as controversial as the eavesdropping carried out by the National Security Agency - was somewhat surprising, given that the White House has seen its credibility on war and terrorism perceptibly erode this year.
In recounting the weekend showdown Monday, Democrats said they believed they had an agreement with McConnell on a narrow set of provisions that could address gaps in the surveillance law. But they said McConnell had pushed for broader presidential authority than they were ready to grant. "We acceded to them and said, 'If this is the bar, we'll do it,' " said Representative Rahm Emanuel of Illinois, chairman of the House Democratic Caucus. But, he said, "then they would come back and say, 'That's not enough.' "
When Bush has no other card to play, he whips out the fear card. The Dems fall hard like Superman being exposed to kryptonite.
This is no way to run a country.
Web disclosures double edge sword
""And P.J. Gladnick at NewsBusters gleefully posits that comments apparently posted by Tamm on liberal Web sites may have led to his unmasking. He writes:
If it turns out that Thomas M. Tamm is the FISA leaker, then a good case could be made that … postings on the Web might have been his undoing. Ironically this would not be the first time a high government official illegally releasing top secret information revealed himself via web postings. Robert Hannsen, the F.B.I. agent convicted of selling secrets to the Soviet Union and Russia, raised suspicions about himself when he posted explicit information about his sex life on Internet chat rooms. Perhaps this FISA leak case will be the second time that Web postings would have been the undoing of a government official illegally releasing top secret information.
Speculation, to be sure. But as all of us who ply a trade on the Web know, even if the keyboard is mightier than the sword, it still cuts both ways."
If it turns out that Thomas M. Tamm is the FISA leaker, then a good case could be made that … postings on the Web might have been his undoing. Ironically this would not be the first time a high government official illegally releasing top secret information revealed himself via web postings. Robert Hannsen, the F.B.I. agent convicted of selling secrets to the Soviet Union and Russia, raised suspicions about himself when he posted explicit information about his sex life on Internet chat rooms. Perhaps this FISA leak case will be the second time that Web postings would have been the undoing of a government official illegally releasing top secret information.
Speculation, to be sure. But as all of us who ply a trade on the Web know, even if the keyboard is mightier than the sword, it still cuts both ways."
Summertime Blues
"In the late 19th century, parents sometimes named their kids after prestigious jobs, like King, Lawyer, Author and Admiral. Now, children are more likely to bear the names of obsolete proletarian professions, Cooper, Carter, Tyler and Mason.
Wattenberg uses her blog to raise vital questions, such as should you give your child an unusual name that is Googleable, or a conventional one that is harder to track? But what’s most striking is the sheer variability of the trends she describes.
Naming fashion doesn’t just move a little. It swings back and forth. People who haven’t spent a nanosecond thinking about the letter K get swept up in a social contagion and suddenly they’ve got a Keisha and a Kody. They may think they’re making an individual statement, but in fact their choices are shaped by the networks around them.
Furthermore, if you just looked at names, you would conclude that American culture once had a definable core — signified by all those Anglo names like Mary, Robert, John and William. But over the past few decades, that Anglo core is harder to find. In the world of niche naming, there is no clearly identifiable mainstream.
For the past few decades, the White House has been occupied by George, William, George, Ronald, James and Richard. Those pillars are crumbling. Pluralism is here."
Its August, those who can are on holiday. Based on this column, Brooks is phoning it in.
Wattenberg uses her blog to raise vital questions, such as should you give your child an unusual name that is Googleable, or a conventional one that is harder to track? But what’s most striking is the sheer variability of the trends she describes.
Naming fashion doesn’t just move a little. It swings back and forth. People who haven’t spent a nanosecond thinking about the letter K get swept up in a social contagion and suddenly they’ve got a Keisha and a Kody. They may think they’re making an individual statement, but in fact their choices are shaped by the networks around them.
Furthermore, if you just looked at names, you would conclude that American culture once had a definable core — signified by all those Anglo names like Mary, Robert, John and William. But over the past few decades, that Anglo core is harder to find. In the world of niche naming, there is no clearly identifiable mainstream.
For the past few decades, the White House has been occupied by George, William, George, Ronald, James and Richard. Those pillars are crumbling. Pluralism is here."
Its August, those who can are on holiday. Based on this column, Brooks is phoning it in.
Sunday, August 05, 2007
Now I have to cheer for A-Rod
Much to my dismay, now I have to cheer for A-Rod. Until injuries crippled Ken Griffey, Jr.'s career, he seemed to be the heir apparent in the HR chase, then came Bondso....
If A-Rod keeps his head out of his game and manages to stay healthy, he should surpass Bondso during his career. Today is a sad day in Baseball.
If A-Rod keeps his head out of his game and manages to stay healthy, he should surpass Bondso during his career. Today is a sad day in Baseball.
No one died in Watergate
"No one died in Watergate. This time around, the White House lying and cover-ups have been not just in the service of political thuggery but to gin up a gratuitous war without end."
Thursday, August 02, 2007
Wasted Farm Aid
"The average American family pays $320 a year in farm subsidies, through higher taxes and food prices, according to a recent study by the Heritage Foundation. And those subsidies, particularly for cotton, exacerbate poverty in Africa by depressing prices of crops raised by small African farmers.
There is a familiar trajectory when a political party takes power. At first, it brims with ideals. Then it makes compromises to stay in power. Finally, it becomes devoted simply to staying in office. Can Ms. Pelosi really have compressed this downward spiral into just six months?
President Bush had sought to place a ceiling on payments to any farmer of $200,000 per year, but the Democratic leaders have set it at $1 million ($2 million for a couple). Any time the Democrats find themselves fighting on behalf of fat cats, against a Republican White House that says enough is enough, it’s time for the donkey to kick itself in the head."
You can't make it up.
There is a familiar trajectory when a political party takes power. At first, it brims with ideals. Then it makes compromises to stay in power. Finally, it becomes devoted simply to staying in office. Can Ms. Pelosi really have compressed this downward spiral into just six months?
President Bush had sought to place a ceiling on payments to any farmer of $200,000 per year, but the Democratic leaders have set it at $1 million ($2 million for a couple). Any time the Democrats find themselves fighting on behalf of fat cats, against a Republican White House that says enough is enough, it’s time for the donkey to kick itself in the head."
You can't make it up.
Spouses need not apply
When you apply for a job, does your spouse interview with you? I have grown so bored of the spousal drama surrounding elections. The politicians generally throw fire on to this political cooking grease.
Guiliani and his current spouse seem to have gone down the "two for one" road. I really do not care what "this spouse" has to say about anything. With his record, she probably won't survive the campaign.
With that being said, sane people should keep their spouses out of the mix unless they plan on having their record scrutinized like any other tax paid employee.
Guiliani and his current spouse seem to have gone down the "two for one" road. I really do not care what "this spouse" has to say about anything. With his record, she probably won't survive the campaign.
With that being said, sane people should keep their spouses out of the mix unless they plan on having their record scrutinized like any other tax paid employee.
Shame of a Nation
There will be an investigation. If it is determined officials knew about the problems, then someone should go to jail. Bridges should not collapse in this country.
Too often, "those people" complain about too much government. The problem is poorly managed, incompetence and fraudulent government.
When I pay my taxes, I want my dollars to be invested is an sound infrastructure. In the meantime, my prayers go out to those families involved in this nightmare.
Too often, "those people" complain about too much government. The problem is poorly managed, incompetence and fraudulent government.
When I pay my taxes, I want my dollars to be invested is an sound infrastructure. In the meantime, my prayers go out to those families involved in this nightmare.
Tuesday, July 31, 2007
Mortgage Predators, Nightmare Continues
"It's a problem because so many hands touch a mortgage during the process," said Steven L. Antonakes, Massachusetts' commissioner of banks. "The level of responsibility and the ability to effect positive change can vary from relationship to relationship" among the different players.
Fpr example, more than 20 percent of foreclosure actions in Massachusetts in the last year have been initiated on behalf of a unit of Deutsche Bank Group, the German financial services giant, according to ForeclosuresMass.com, which tracks cases. Deutsche, while listed on the deed as the mortgage holder and technically the legal owner, is a trustee for investors such as hedge funds and other financial firms that hold the securities that are backed by these mortgages.
A spokesman said Deutsche Bank has no economic interest in the mortgages and is not responsible for foreclosures or for selling foreclosed property. Such decisions are made by servicing companies, according to contracts with different investor trusts, the spokesman said.
Moreover, mortgage-backed bonds are usually sold with legally binding commitments that create more obstacles for delinquent borrowers. For example, reductions in loan amounts are often needed to keep people from losing homes, but mortgage-backed bonds are usually sold with prohibitions against forgiving loan principal, except in rare cases, said McCoy, the UConn professor.
"Anyone seeking a loan workout is going to have to face these impediments," McCoy said."
These are not subprime mortgages. Now people will finally pay attention. In the subprime world these financial institutions took advantage of "inexperienced poor people," who probably should not have received a mortgage in the first place.
Now you have middle class folks finding themselves in the same situation. These financial institutions have turned brokered mortgages into junk bonds.
Last week the "market" dropped. What wasn't reported is the "market" is the market is still over 13,000. The respectable financial institutions will survive in some incarnation. The bankrupt homeowners may not get that same opportunity.
Fpr example, more than 20 percent of foreclosure actions in Massachusetts in the last year have been initiated on behalf of a unit of Deutsche Bank Group, the German financial services giant, according to ForeclosuresMass.com, which tracks cases. Deutsche, while listed on the deed as the mortgage holder and technically the legal owner, is a trustee for investors such as hedge funds and other financial firms that hold the securities that are backed by these mortgages.
A spokesman said Deutsche Bank has no economic interest in the mortgages and is not responsible for foreclosures or for selling foreclosed property. Such decisions are made by servicing companies, according to contracts with different investor trusts, the spokesman said.
Moreover, mortgage-backed bonds are usually sold with legally binding commitments that create more obstacles for delinquent borrowers. For example, reductions in loan amounts are often needed to keep people from losing homes, but mortgage-backed bonds are usually sold with prohibitions against forgiving loan principal, except in rare cases, said McCoy, the UConn professor.
"Anyone seeking a loan workout is going to have to face these impediments," McCoy said."
These are not subprime mortgages. Now people will finally pay attention. In the subprime world these financial institutions took advantage of "inexperienced poor people," who probably should not have received a mortgage in the first place.
Now you have middle class folks finding themselves in the same situation. These financial institutions have turned brokered mortgages into junk bonds.
Last week the "market" dropped. What wasn't reported is the "market" is the market is still over 13,000. The respectable financial institutions will survive in some incarnation. The bankrupt homeowners may not get that same opportunity.
Roberts' seizure
Chief Justice Robert's had a seizure. I'm just guessing that Roberts has epilepsy. If he does, so what. By taking the mystery out of the seizures, they can actually showcase the illness. People will this diagnosis function quite well in society, and it's time the stigma is removed.
Obama v Edwards Policies for the Poor
"If I had to choose between the two, I guess I’d go with the Obama plan. I’d lean that way because Obama seems to have a more developed view of social capital. Edwards offers vouchers, job training and vows to create a million temporary public-sector jobs. Obama agrees, but takes fuller advantage of home visits, parental counseling, mentoring programs and other relationship-building efforts.
The Obama policy provides more face-to-face contact with people who can offer praise or disapproval. Rising out of poverty is difficult — even when there are jobs and good schools. It’s hard to focus on a distant degree or home purchase. But human beings have a strong desire for approval and can accomplish a lot with daily doses of praise and censure. Standards of behavior are contagious that way.
A neighborhood is a moral ecosystem, and Obama, the former community organizer, seems to have a better feel for that. It’s not only policies we’re looking for in selecting a leader, it’s a sense of how the world works. Obama’s plan isn’t a sure-fire cure for poverty, but it does reveal an awareness of the supple forces that can’t be measured and seen."
Someone from the mainstream media is focusing on a REAL issue. It's about time.
The Obama policy provides more face-to-face contact with people who can offer praise or disapproval. Rising out of poverty is difficult — even when there are jobs and good schools. It’s hard to focus on a distant degree or home purchase. But human beings have a strong desire for approval and can accomplish a lot with daily doses of praise and censure. Standards of behavior are contagious that way.
A neighborhood is a moral ecosystem, and Obama, the former community organizer, seems to have a better feel for that. It’s not only policies we’re looking for in selecting a leader, it’s a sense of how the world works. Obama’s plan isn’t a sure-fire cure for poverty, but it does reveal an awareness of the supple forces that can’t be measured and seen."
Someone from the mainstream media is focusing on a REAL issue. It's about time.
Monday, July 30, 2007
RIP Bill Walsh
He created a system around a quarterback's weakness. Net result three Super Bowls, two Hall of Fame QB's and coaches too numerous to name.
He changed the way football is played. Managers take note, he tweaked a system to bring out the best in an employee. Everybody wins.
He will be missed.
He changed the way football is played. Managers take note, he tweaked a system to bring out the best in an employee. Everybody wins.
He will be missed.
Stand by your man
"This almost subconscious bond of loyalty" between the attorney general and the president "may be driving a lot of this," said Schott, who has studied relations between the executive and legislative branches of government and the role of psychology in political behavior. "It's obvious that Gonzales owes Bush his career. Part of his behavior comes from this gratitude and extreme loyalty to Bush."
Fredo's never ending saga
"As far as we can tell, there are three possible explanations for Gonzales' talk about a dispute over other - unspecified - intelligence activities. One, he lied to Congress. Two, he used a dodge to mislead lawmakers and the public: The spying program was modified after Ashcroft refused to endorse it, which made it "different" from the one Bush has acknowledged. The third is that there was more wiretapping than has been disclosed, perhaps even purely domestic wiretapping, and Gonzales is helping Bush cover it up.
Democratic lawmakers are asking for a special prosecutor to look into Gonzales' words and deeds. Solicitor General Paul Clement has a last chance to show that the Justice Department is still minimally functional by fulfilling that request. If that does not happen, Congress should impeach Gonzales."
Who would have ever thought John Ashcroft would be the Constitutional voice of reason? Go figure.
Democratic lawmakers are asking for a special prosecutor to look into Gonzales' words and deeds. Solicitor General Paul Clement has a last chance to show that the Justice Department is still minimally functional by fulfilling that request. If that does not happen, Congress should impeach Gonzales."
Who would have ever thought John Ashcroft would be the Constitutional voice of reason? Go figure.
Saudis going south in Iraq
"The Bush administration and Saudi Arabia's ruling family have a lot in common, including oil, shared rivals like Iran and a penchant for denial that has allowed both to overlook the Saudis' enabling role in the Sept. 11 attacks. But their recent wrangling over Iraq cannot be denied or papered over with proposals for a big new arms sale. And if these differences are not tackled, there is an increased likelihood that the war's chaos will spread far beyond Iraq's borders."
How many of the hijackers were from Saudi Arabia? Who had private escorts from the US?
"If Washington wants Saudi backing for the Maliki government, Maliki must earn it by ending sectarianism in the security forces, reforming discriminatory anti-Baathist restrictions and pushing through an equitable oil revenue law.
It is past time for Bush to acknowledge that the U.S. has no realistic chance of winning a military victory in Iraq, and that it needs to be urgently preparing to manage the consequences of U.S. withdrawal. That will require working cooperatively with all of Iraq's neighbors, including Iran and Syria. Compared with those, Saudi Arabia should be easy."
How many of the hijackers were from Saudi Arabia? Who had private escorts from the US?
"If Washington wants Saudi backing for the Maliki government, Maliki must earn it by ending sectarianism in the security forces, reforming discriminatory anti-Baathist restrictions and pushing through an equitable oil revenue law.
It is past time for Bush to acknowledge that the U.S. has no realistic chance of winning a military victory in Iraq, and that it needs to be urgently preparing to manage the consequences of U.S. withdrawal. That will require working cooperatively with all of Iraq's neighbors, including Iran and Syria. Compared with those, Saudi Arabia should be easy."
Forever Ours
By the record crowds that turned out to see Ripkin & Gwynn enshrined in the Hall of Fame, it so apparent that good guys finish first. Both showed up to their job and performed without much fanfare until the close of their careers.
No allegations of cheating or being selfish. The timing of the induction is perfect. Last week a CEO was sentenced to six years in jail. His bottom line crime was manipulating the system and being greed.
No drama, just smart, steady work. Sometimes that is all it takes to succeed. A lesson for all of us.
No allegations of cheating or being selfish. The timing of the induction is perfect. Last week a CEO was sentenced to six years in jail. His bottom line crime was manipulating the system and being greed.
No drama, just smart, steady work. Sometimes that is all it takes to succeed. A lesson for all of us.
A small percentage of voters speak
“Democracies frequently adopt and maintain policies harmful for most people,” Professor Caplan notes. There are various explanations for this — the power of special interests, public ignorance of details, and so on. But Mr. Caplan argues that those accounts fall short.
“This book develops an alternative story of how democracy fails,” he writes. “The central idea is that voters are worse than ignorant; they are, in a word, irrational — and vote accordingly.”
I agree with Kristof suggestion of teaching economics and statistics in high school. Maybe more people will be able getting a true reading on the data throw at them.
“This book develops an alternative story of how democracy fails,” he writes. “The central idea is that voters are worse than ignorant; they are, in a word, irrational — and vote accordingly.”
I agree with Kristof suggestion of teaching economics and statistics in high school. Maybe more people will be able getting a true reading on the data throw at them.
Immoral Administration
"Now, why should Mr. Bush fear that insuring uninsured children would lead to a further “federalization” of health care, even though nothing like that is actually in either the Senate plan or the House plan? It’s not because he thinks the plans wouldn’t work. It’s because he’s afraid that they would. That is, he fears that voters, having seen how the government can help children, would ask why it can’t do the same for adults.
And there you have the core of Mr. Bush’s philosophy. He wants the public to believe that government is always the problem, never the solution. But it’s hard to convince people that government is always bad when they see it doing good things. So his philosophy says that the government must be prevented from solving problems, even if it can. In fact, the more good a proposed government program would do, the more fiercely it must be opposed."
Government is not bad. Mismanaged government resources is bad. If this were a publicaly held company, the entire top tier of this administration would have been fired or in incarcerated.
And there you have the core of Mr. Bush’s philosophy. He wants the public to believe that government is always the problem, never the solution. But it’s hard to convince people that government is always bad when they see it doing good things. So his philosophy says that the government must be prevented from solving problems, even if it can. In fact, the more good a proposed government program would do, the more fiercely it must be opposed."
Government is not bad. Mismanaged government resources is bad. If this were a publicaly held company, the entire top tier of this administration would have been fired or in incarcerated.
Sunday, July 29, 2007
Nerdiness = Hyperwhiteness?
Black nerds represent the “silent majority” who go to school, get a job and without fanfare take of their families.
Why now?
I have never been a fan of A-Rod. When he becomes "clutch" in the fall, them I will hop on his bandwagon.
However, I have to question Jose Conseco's new book. Why didn't he throw A-Rod under the bus in his first book. He is the highest paid player in the game.
Granted, his book uncovered steroids in baseball, but I have to wonder if he is doing this hype his new book.
Go away Jose'.
However, I have to question Jose Conseco's new book. Why didn't he throw A-Rod under the bus in his first book. He is the highest paid player in the game.
Granted, his book uncovered steroids in baseball, but I have to wonder if he is doing this hype his new book.
Go away Jose'.
How urban..........
"Cynthia Dunham is founder and executive director of The Leadership Centre, a non-profit that promotes homeowner association education and based at Chandler-Gilbert Community College. She said some associations are adding a "refurbishing" expense to their budgets, using assessments made on all properties to keep abandoned ones weed free.
"It is easier to send in a landscaping crew to trim weeds and spray than to have an eyesore," she said. "This is a temporary way to deal with an unfortunate reality."
I wonder how much they are paying the crews?
props to Atrios
"It is easier to send in a landscaping crew to trim weeds and spray than to have an eyesore," she said. "This is a temporary way to deal with an unfortunate reality."
I wonder how much they are paying the crews?
props to Atrios
Bonds Drama King
There comes a time in every athlete's career when it's over. The foul shots don't sink as easy. The silky smooth hands of a wide receiver aren't as sure or the step not as quick.
For a long ball hitter, sometimes there are no more home runs in the bat. Oh how sweet it would be if Bonds simply ran out of steam.....
For a long ball hitter, sometimes there are no more home runs in the bat. Oh how sweet it would be if Bonds simply ran out of steam.....
Lonely road to Nowhere
"Kathleen Hall Jamieson, director of the Annenberg Public Policy Center at the University of Pennsylvania, detects "a sense of fatalism" at the White House.
"I think President Bush has reached a point where he perceives he doesn't have options other than what he is doing -- a course has been put in place and you have to see the course through," Jamieson said. "If people get locked down psychologically, it makes it possible for them to think that they are doing something heroic, even in the face of public criticism."
"I think President Bush has reached a point where he perceives he doesn't have options other than what he is doing -- a course has been put in place and you have to see the course through," Jamieson said. "If people get locked down psychologically, it makes it possible for them to think that they are doing something heroic, even in the face of public criticism."
Sunday Brunch
Chew on this find by Suburban Guerrilla while you eat your Sunday Brunch. She does consistent great work. While you're there donate what you can....
Do we really have that many criminals?
If we spent more money on providing our population with good schools and health care, I doubt that we would have a need for so many prisons.
As a surprise to no one, what has been deemed a crime changed after the burgeoning private prisons. The prisons only make money if there are prisons.
I can't help but venture into conspiracy theory territory but it does give one pause.
Read Andrew Bosworth's piece and weep.
As a surprise to no one, what has been deemed a crime changed after the burgeoning private prisons. The prisons only make money if there are prisons.
I can't help but venture into conspiracy theory territory but it does give one pause.
Read Andrew Bosworth's piece and weep.
Emergence of Liberal Bloggers
"Our current media stars are so impressed with themselves and their fame and their ability to hobnob with the movers and shakers in this government, that they have become completely out of touch with the rest of America. After all, aren't they the "serious" pundits that Fox, CNN, Washington Post and New York Times feature all the time? Well, then, they must be right.
These are our media emperors. It's our job to warn them that they have no clothes. "
--Trakker
Amen
These are our media emperors. It's our job to warn them that they have no clothes. "
--Trakker
Amen
Keeping up with a good guy
"It's karma, baby! This is what happens when you invest so much monetarily and emotionally in one individual: You ride with him or you die with him. Such is the Eagles' situation.
McNabb is a five-time Pro Bowler, one of only seven players in NFL history to amass 20,000 passing yards and 2,500 rushing yards. He's Mr. Squeaky-Clean, the reason Mama (Wilma) McNabb is seen in all those Campbell's Chunky Soup commercials. But McNabb is also the man who ended 2006 after just nine games with an ACL injury, one season after ending 2005 with a sports hernia, who has failed to finish that 16-game marathon in three of the last five regular seasons.
"We'll keep a close eye on him and just see how he does," Reid said.
Good. Because there is a bright side to this: At least we're watching McNabb for all the right reasons."
Training camp opened this week without any sideshows. No front yard sitsups, or contractual holdouts. The only question lingering is how wll the franchise QB perform or even finish the year?
With a strong supporting cast, as a fan, not a bad place to be.
McNabb is a five-time Pro Bowler, one of only seven players in NFL history to amass 20,000 passing yards and 2,500 rushing yards. He's Mr. Squeaky-Clean, the reason Mama (Wilma) McNabb is seen in all those Campbell's Chunky Soup commercials. But McNabb is also the man who ended 2006 after just nine games with an ACL injury, one season after ending 2005 with a sports hernia, who has failed to finish that 16-game marathon in three of the last five regular seasons.
"We'll keep a close eye on him and just see how he does," Reid said.
Good. Because there is a bright side to this: At least we're watching McNabb for all the right reasons."
Training camp opened this week without any sideshows. No front yard sitsups, or contractual holdouts. The only question lingering is how wll the franchise QB perform or even finish the year?
With a strong supporting cast, as a fan, not a bad place to be.
Hall of Fame Inductions: Two Good Guys
"Ripken and Gwynn are members of a dying breed, having played their entire careers with one team, and they have been tremendous ambassadors for a game that's had its reputation stained by steroids.
"I think the fact that there are so many people (coming) is a reflection on what kind of people the fans think Cal and I are," said Gwynn, who accumulated 3,141 hits, eight NL batting titles and a career .338 average in 20 seasons with the San Diego Padres. "The feedback I'm getting is that we did things the right way."
Said Ripken: "I don't know if we can always figure out the reason why, but I'm thankful that it's happening."
Both of these guys were known for being "nice guys." How wonderfully boring.
"I think the fact that there are so many people (coming) is a reflection on what kind of people the fans think Cal and I are," said Gwynn, who accumulated 3,141 hits, eight NL batting titles and a career .338 average in 20 seasons with the San Diego Padres. "The feedback I'm getting is that we did things the right way."
Said Ripken: "I don't know if we can always figure out the reason why, but I'm thankful that it's happening."
Both of these guys were known for being "nice guys." How wonderfully boring.
What a shame, Costner is too old to play Coste in the movie
The Chis Coste story has all the elements of a perfect baseball tale, journeyman writer playing for a working class team whose fate is unknown hourly. I love it.
The Phillies must keep him. He is a steady Eddie who delivers. It is cool watching an great story unfold. The happy ending will be determined by Phillies management. Sigh.
Toby McGuire?
The Phillies must keep him. He is a steady Eddie who delivers. It is cool watching an great story unfold. The happy ending will be determined by Phillies management. Sigh.
Toby McGuire?
Mondale Speaks Out
"Whatever authority a vice president has is derived from the president under whom he serves. There are no powers inherent in the office; they must be delegated by the president. Somehow, not only has Cheney been given vast authority by President Bush -- including, apparently, the entire intelligence portfolio -- but he also pursues his own agenda. The real question is why the president allows this to happen."
My guess is that Shrub didn't want to actually WORK. Shrub has never worked for ANYTHING. When he engaged in independent thought, he left a mess for someone competent to clean it up.
My guess is that Shrub didn't want to actually WORK. Shrub has never worked for ANYTHING. When he engaged in independent thought, he left a mess for someone competent to clean it up.
50% Club: Wealthy Heroes
"Their motivations are manifold: Some give out of a sense of fairness, personal satisfaction or a desire for simplicity; others are driven by religious faith or dedication to a cause.
Many are anonymous philanthropists, and not all of them have great wealth: Some are members of the middle class, but have chosen to survive on less so they can give more. Above all, they aim to stand as role models, and to encourage others of all income levels to think about their giving potential."
In light of the over reported rich, spoiled celebs and athletes, this restores my faith in humanity. At least for an hour....
Many are anonymous philanthropists, and not all of them have great wealth: Some are members of the middle class, but have chosen to survive on less so they can give more. Above all, they aim to stand as role models, and to encourage others of all income levels to think about their giving potential."
In light of the over reported rich, spoiled celebs and athletes, this restores my faith in humanity. At least for an hour....
Tour de France 2007: Death or Rebirth
"Here is a country with superb roads and railroads, glorious cities and landscape, and food and wine that don't need my praise. That's not to mention an excellent health service, or industrial productivity quite as high per hour worked as it is in the United States (it's just that the French don't care to devote quite so much of their lives to working as the Americans).
Maybe the Tour should look at France as its image, rather than the other way round.
France Soir added to the gloom by making up its front page as a mock death announcement, reporting the demise of the Tour "at the age of 104, after a long illness." But that could have been said of the France itself, in 1940 or 1958, when the country seemed likewise a terminal case.
It wasn't, and nor I hope is the Tour. It certainly needed another severe shock to the system, and has now had it. Just possibly Prudhomme is right, and this year's Tour will be not a death-knell but a rebirth."
Maybe the Tour should look at France as its image, rather than the other way round.
France Soir added to the gloom by making up its front page as a mock death announcement, reporting the demise of the Tour "at the age of 104, after a long illness." But that could have been said of the France itself, in 1940 or 1958, when the country seemed likewise a terminal case.
It wasn't, and nor I hope is the Tour. It certainly needed another severe shock to the system, and has now had it. Just possibly Prudhomme is right, and this year's Tour will be not a death-knell but a rebirth."
President Petraeus?
"That’s because the Petraeus phenomenon is not about protecting the troops or American interests but about protecting the president. For all Mr. Bush’s claims of seeking “candid” advice, he wants nothing of the kind. He sent that message before the war, with the shunting aside of Eric Shinseki, the general who dared tell Congress the simple truth that hundreds of thousands of American troops would be needed to secure Iraq. The message was sent again when John Abizaid and George Casey were supplanted after they disagreed with the surge."
Friday, July 27, 2007
FBI Suggests Gonzo ugh lied
"Testifying before the House Judiciary Committee, Robert S. Mueller III also undercut statements Gonzales offered this week to lawmakers about a controversial hospital visit to the bedside of then-Atty. Gen. John Ashcroft in March 2004.
Mueller's disclosures come amid what until now has been a highly partisan debate on Capitol Hill over Gonzales' tenure at the Justice Department and his reputation for honesty."
More evidence that the Bush team loves power and will not be a hurry to give it up. Impeach them NOW.
We are going to storm the Bastille, when?
Mueller's disclosures come amid what until now has been a highly partisan debate on Capitol Hill over Gonzales' tenure at the Justice Department and his reputation for honesty."
More evidence that the Bush team loves power and will not be a hurry to give it up. Impeach them NOW.
We are going to storm the Bastille, when?
Gonzo creates bipartisan environment
"Gonzo answered the question, all right -- inadvertently, of course: "There are no rules."
That's the guiding philosophy of this administration. As far as these people are concerned, there are no rules of common decency. There are no rules of customary practice. There are no rules governing respect for the truth, or even respect for the privacy and health of an ailing colleague.
And we all know who sets that tone.
Sen. Chuck Schumer tried valiantly to get Gonzo to say who sent him on that Mafia-movie errand to the hospital. Gonzo's a loyal soldier; he wouldn't snitch. All Schumer got out of him was that the visit was "on behalf of the president of the United States."
That's the guiding philosophy of this administration. As far as these people are concerned, there are no rules of common decency. There are no rules of customary practice. There are no rules governing respect for the truth, or even respect for the privacy and health of an ailing colleague.
And we all know who sets that tone.
Sen. Chuck Schumer tried valiantly to get Gonzo to say who sent him on that Mafia-movie errand to the hospital. Gonzo's a loyal soldier; he wouldn't snitch. All Schumer got out of him was that the visit was "on behalf of the president of the United States."
Imperial President
"Congress must not capitulate in the White House's attempt to rob it of its constitutional powers. Now that the committee has acted, the whole House must vote to hold Miers and Bolten in contempt. The administration has indicated that it is unlikely to allow the U.S. attorney for the District of Columbia to bring Congress' contempt charges before a grand jury. In that case, Congress can and should proceed against Miers and Bolten on its own, using its inherent contempt powers.
It is not too late for President Bush to spare the country the trauma, and himself the disgrace, of this particular constitutional showdown. There is a simple way out. He should direct Miers and Bolten to provide Congress with the information to which it is entitled."
It is not too late for President Bush to spare the country the trauma, and himself the disgrace, of this particular constitutional showdown. There is a simple way out. He should direct Miers and Bolten to provide Congress with the information to which it is entitled."
Not Funny
When rich impaired celebrities get behind the wheel of a vehicle, it is dangerous for those unlucky enough to be on the highway at the same time.
I guess I am a little hypersensitive to this issue. Far too many classmates are dead because they or someone else was drunk & decided to drive.
Young Lindsay Lohan is the latest actor who has a problem. If she choses to kill herself, fine. Maybe some serious time in jail will get her off the street, saving an innocent victim from her excess.
I guess I am a little hypersensitive to this issue. Far too many classmates are dead because they or someone else was drunk & decided to drive.
Young Lindsay Lohan is the latest actor who has a problem. If she choses to kill herself, fine. Maybe some serious time in jail will get her off the street, saving an innocent victim from her excess.
Brooks' Uphill Struggle
While not a fan of Senator Clinton, it brings me joy knowing her lead in the polls continues to surprise "beltway insiders."
Market Expansion for the Working Folks?
""Anyway, now reality is settling in. And there’s one more thing worth mentioning: the economic expansion that began in 2001, while it has been great for corporate profits, has yet to produce any significant gains for ordinary working Americans. And now it looks as if it never will."
Thursday, July 26, 2007
Oh Mon Dieu!
i fell in love with the Tour de France in high school. The athletic event was incorporated into our French lessons. When police are waiting for a participant at the end of a race, this is just bad.
It comes down to doing "whatever it takes" to win. In that spirit of competition no one wins.
It comes down to doing "whatever it takes" to win. In that spirit of competition no one wins.
Transition of Power
In this country we have taken for granted the transition of power. For over two hundred years, there has been no bloodshed after an election. While the 2000 election will have an asterisk, Al Gore walked away after the Supreme Court handed the presidency to Cheney.
It would not surprise me if this gang creates a crisis to maintain power. For the first time in our nation's history the transition will involve bloodshed.
I am truly concerned about our Democracy. Impeachment is the only option.
It would not surprise me if this gang creates a crisis to maintain power. For the first time in our nation's history the transition will involve bloodshed.
I am truly concerned about our Democracy. Impeachment is the only option.
Historically Right Wingers have always been trouble
The Founders warned us against letting corporations get involved in politics. All this mess because of one forged Supreme Court ruling…
kudos to the Suburban Guerrilla.
kudos to the Suburban Guerrilla.
Analyst says Bush is full of crap
"The primary concern is in Al Qaeda in South Asia organizing its own plots against the United States," he said. Al Qaeda planned the Sept. 11, 2001, attacks from its bases in Afghanistan.
The top leaders of the terrorist network, Gistaro added, are "able to exploit the comfort zone in the tribal areas" of Pakistan and Afghanistan and are "bringing people in to train for Western operations."
"We see increased efforts on the part of Al Qaeda to try and find, train, and deploy people who could get into this country," he testified."
Hey Condi, show your boss a map.
The top leaders of the terrorist network, Gistaro added, are "able to exploit the comfort zone in the tribal areas" of Pakistan and Afghanistan and are "bringing people in to train for Western operations."
"We see increased efforts on the part of Al Qaeda to try and find, train, and deploy people who could get into this country," he testified."
Hey Condi, show your boss a map.
It's not fair
Ryan Howard has found his stroke. Thank God. He had a terrible spring. All of which is forgivable, when you get your groove back after the All-Star break.
My Phillies have won five in a row. Unfortunately for yours truly, I was supposed to be at last night's game. Duty called. We managed to become a finalist for a contract for a possible client in Newport News.
All things considered, I would have rather been at the game. Today, I have to take a client to the Businessperson's special.
Poor me.
My Phillies have won five in a row. Unfortunately for yours truly, I was supposed to be at last night's game. Duty called. We managed to become a finalist for a contract for a possible client in Newport News.
All things considered, I would have rather been at the game. Today, I have to take a client to the Businessperson's special.
Poor me.
If found guilty he should go to jail
First of all, I view Michael Vick as a underachieving quarterback with an attitude. Not a good combination. This is no longer important.
If he is found guilty for doing unspeakable things to animals, he should go face the music. Getting kicked out of the NFL should be the least of his problems.
The "why" is no longer relevant. Maybe he is just a bad person. Vick was given a gift. He has an opportunity to play a sport that he loves AND get paid for it. Who wouldn't like to get paid a livable wage to do something they love?
Sigh.
If he is found guilty for doing unspeakable things to animals, he should go face the music. Getting kicked out of the NFL should be the least of his problems.
The "why" is no longer relevant. Maybe he is just a bad person. Vick was given a gift. He has an opportunity to play a sport that he loves AND get paid for it. Who wouldn't like to get paid a livable wage to do something they love?
Sigh.
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