Thursday, October 22, 2009

Salary Caps: SOME Deserve Them

Earlier this morning, a talkshow yapper railed on and on and on and on about how AWFUL it was that some BigBank managers' salaries were being slashed.

Yah, it's awful. /sarcasm.

Ritholtz:

Congressional investigators think that reams of internal documents turned over by Bank of America last Friday show that its executives were alarmed by mounting losses at Merrill Lynch well before shareholders voted to approve the merger, according to sources familiar with the matter.

Investigators also think the documents, combined with prior testimony and fresh interviews with a key executive, suggest that Bank of America chief executive Kenneth D. Lewis used the threat of backing out of the government-backed deal as leverage for billions more in taxpayer bailout money, the sources said.”

IOW, Lewis (and a number of OTHER BofA execs) knew that Merrill was tanking and would cost BofA a ton of money, so he extracted a corresponding amount from the taxpayers.

Sure, Lewis has been fired--he'll collect his salary until the end of this year (at least).

But go ahead. Justify paying those other guys large wads of salary and bonus, based on what you've seen above.

Justify paying AIG, Citi, WellsFargo (etc., etc.) all those multi-millions.

C'mon. You know you can, right??

Vox on the same topic with an excellent point at the end:

Look very closely at any commentator, so-called conservative or otherwise, who complains about this action by the White House being somehow "anti-capitalist". If he was also a supporter of the bailouts last November, you should never, ever, consider taking him seriously again, because he's either an untrustoworthy hypocrite or he's too dumb to even realize his inconsistency. Once the government stepped in to socialize a corporation's losses, that corporation lost the right to privatize its profits or even manage itself independently. From an economic perspective, the only thing more disastrous than a pure socialist system where both profits and losses are public is a fascist system where profits are private and losses are public.

Our children and grandchildren are going to take those losses, and they'll take far more in losses than Ken Lewis will.

Obama's Lying Lies Cost Lives

We all know that politicians lie. But some lies are more despicable than others.

Dick Cheney has an example of ObamaLies which is, ah, despicable.

Recently, President Obama's advisors have decided that it's easier to blame the Bush Administration than support our troops. This weekend they leveled a charge that cannot go unanswered. The President's chief of staff claimed that the Bush Administration hadn't asked any tough questions about Afghanistan, and he complained that the Obama Administration had to start from scratch to put together a strategy.

In the fall of 2008, fully aware of the need to meet new challenges being posed by the Taliban, we dug into every aspect of Afghanistan policy, assembling a team that repeatedly went into the country, reviewing options and recommendations, and briefing President-elect Obama's team. They asked us not to announce our findings publicly, and we agreed, giving them the benefit of our work and the benefit of the doubt. The new strategy they embraced in March, with a focus on counterinsurgency and an increase in the numbers of troops, bears a striking resemblance to the strategy we passed to them. They made a decision - a good one, I think - and sent a commander into the field to implement it.

Now they seem to be pulling back and blaming others for their failure to implement the strategy they embraced.

There's an old saying: "S*&^ or get off the pot," which applies to the Afghan situation. Obama and Rahmsputin are, in effect, leaving our troops twisting in the Afghan wind while Obama and TOTUS prance around the country fund-raising for politicians, and while Obama appoints a slate of perverts, rebels, statists, and '60's bozos to high-level positions in D.C.

In other words, this Hamlet is costing us lives.

And then they lie about it.

Is it 2012 yet?

HT: Memeorandum

Wednesday, October 21, 2009

ObamaWackos, Chapter 45,997: To Hell With Marriage

Another Obama nominee speaks.

I, for one, am not sure whether marriage is a normatively good institution. I have moved away from the belief that marriage is clearly the best normative way to structure intimate relationships, such that government should be actively supporting this social arrangement above all others.

That would be from Chai Feldblum, a law teacher or something, nominated to the EEOC, who also signed a 'manifesto' praising polygamy.

Is it possible for Obama to find even more nutballs and perversity-propounders to place in high-level positions in DC? I suppose so......or better, I fear so.

(At this time, no one has discovered any speech or writing from Ms. Feldblum praising Mao.)

HT: CMR

Legislation By Other Means: Voiding Judicial Elections

When Ziegler and Gableman were elected to SCOWI, the Left was apoplectic. After all, SCOWI was a reliable ally of the Statist Left; when they could not get their way in the Legislature, they simply went to the courts to steamroll the will of the people.

Recently, some tool/attorney filed a petition seeking to remove Gableman from various cases before SCOWI, arguing that his 'anti-crime' position would affect his judgment.

WMC fought back.

On October 16, 2009 Wisconsin Manufacturers & Commerce filed a Petition and supporting memorandum with the Wisconsin Supreme Court asking that contributions independent of a judicial candididates campaign not be grounds for recusal.

There are a bunch of interesting characters filing petitions on this. It should include citizens who vote and merely pay taxes......

HT: FoxPolitics

The TEA Party Revolution Rolls On!

Think those TEA Parties are just hot air?

Think again.

Seven of eight Monroe County supervisors fell Tuesday in a recall election over their support for a proposed $26.7 million justice center.

Only Carrol Wallerman of the town of Ridgeville, who represents District 11, survived the recall effort mounted by a taxpayers group whose earlier efforts to get a public referendum on the project had been rebuffed.

...Dennis Clinard, chairman of the Monroe County Taxpayers Relief Committee, said the results are a mandate for change.

"I think it sends a message, not just in this county but all across the state, that people are sick and tired of government officials ignoring the people,"

We can only hope.

Screw the bastards!

HT: FoxPolitics

More Chicago Politics: National Implications, Yes...

If you're an incompetent boob prosecutor, and PROVEN to be so, what's your remedy?

Many of those innocence cases were uncovered by a journalism class at a nearby university. That class has just uncovered yet another possible wrongful conviction. What do you do?

If you’re Cook County, Illinois State’s Attorney Anita Alvarez, you start harrassing the journalism students.

This bitch:

...subpoenaed the students’ grades, notes and recordings of witness interviews, the class syllabus and even e-mails they sent to each other and to professor David Protess of the university’s Medill School of Journalism.

Chicago politics. And should you be reminded that the MaoRemnant/Chicago Gang now resides in the White House?

HT: Agitator

In Madistan, The Lawyers' Payola Bill

This asinine offering was stopped last year in committee, but since the Moonbats now have hegemony, it's baaaaaaaacck!!

AB 453, known as the “Clergy sex-abuse bill,” is a repeat from last session, when the Assembly GOP stopped the bill in committee. The bill would completely lift the statute of limitations on civil lawsuits for child sexual abuse. Currently, a victim has up to 16 years after he/she reaches majority at age 18 to bring a civil lawsuit to court. AB 453 would remove that restriction, opening the door for lawsuits on cases that are 30, 40, 50 or even 60 years old.

The real problem with this bill is that it does not just go after perpetrators or accessories; instead it opens the door for expensive lawsuits against churches, schools, camps, day-care centers, etc., decades after the assault/abuse was committed. Entirely innocent churches, private schools and camps could be forced to pay hundreds of thousands of dollars for crimes they had absolutely nothing to do with.

In other words, this has nothing to do with "justice" and everything to do with lawyer-fees/payola.

Well, the Moonbat at Wisconsin Catholic Conference should be able to stop it, given the 'birds of a feather' bromide, right?

B Hussein Obama Says "It's Not a Government Takeover"

And if B. Hussein Obama, Lord of the Maoist Remnant says something, then you have to believe it, right?

Well, Planet Moron did a little recreational reading (he's that kinda guy) and reports!!

If you want to nitpick, the bill does include the word “requirement” 784 times, which is more than once every two pages. But those consist mostly of minor technicalities such as what specific benefits insurance companies are required to provide, to whom, when, where, and under what circumstances.

Now does that sound like a “takeover” to you?


See? You are delusionary. Probably a paranoid. Or at least a Conspiracy Theory guy.

Oh, yes, there's a LOT more at the link. You'll be reassured, I'm certain of it.

Mao is our Favorite Political Theorist.

Obama's EEOC: "What Religious Rights???"

We mentioned this when it broke. It's getting traction--for good reason.

On July 30 of this year, a regional office of the federal Equal Employment Opportunity Commission (EEOC) notified Belmont Abbey College, a small Catholic institution not far from Charlotte, N.C., that its policy of not covering contraception in its employee health insurance plan violated Title VII of the 1964 Civil Rights Act, the landmark law forbidding discrimination in employment on the basis of race, sex, and other characteristics. The letter, sent by the EEOC's district office in Charlotte, informed Belmont Abbey that the EEOC had made a "determination" that by "denying prescription contraceptive drugs," the college was "discriminating based on gender because only females take oral prescription contraceptives."

The letter came as a shock to Belmont Abbey, because a little less than five months earlier, on March 12, that very same EEOC district office had issued a completely different determination: telling the college that its investigation had left it unable to conclude that there were any "violations of the statutes." The commission dismissed the complaint brought by eight members of the Belmont Abbey faculty challenging the legality of Belmont Abbey's anti-contraceptives policy.

Gee. What could have possibly occurred late in 2008 which might have influenced this 180-degree turn in ruling?......especially given this:

In taking its current stance, the EEOC is attempting to override not just the conscience-clause laws of nearly half the states but also federal court precedents

Those precedents are examined in the linked article, which also notes EEOC's inordinate love for contraceptives, especially under (D) Presidents.

Love or no, the EEOC should not prevail against the 1st Amendment. Of course, EEOC can lose the case and still severely harm Belmont Abbey, because lawyers cost money.

That's something we should notice, if nothing else.

The USCC: Still Crazy After All These Years

Forced to stop funding ACORN (but not other Alinskyite groups.....yet) the USCC has signed on to a sketchy petition asking the FCC to "study" how "hate speech in the media" may influence beatings, etc.

Specifically:

...sign a petition to the Federal Communications Commission asking that it open a notice of inquiry into hate speech in the media. We will also urge the National Telecommunications and Information Agency to update its 1993 report, The Role of Telecommunications in Hate Crimes.

Targets? Limbaugh, Lou Dobbs, Savage, and Beck.

It's about time that the Bishops of this country dump USCC into the memory-hole. De-fund it, sell the buildings (you'll get a good return there) and simply fire the LeftyWonzo critters which have been assisting the Alinsky-ite/Maoist Left since the days of Mgr. Ryan.

HT: Moonbattery

No "Net Neutrality"

This is simple, folks.

The FCC is pushing to assume regulatory powers over the 'net with what's called "Net Neutrality."

If adopted, large-scale 'net users who download huge files will be charged at the same price as small-scale web-browser types (your basic news-reader/blogger.)

That's like saying that 40-ton semitrailers should not pay more for road wear/tear than some guy in a Taurus.

Worse, it establishes FCC (read: policital) control over the 'net, which has done very well, indeed, without help from Nancy and Harry and B. Hussein.

You want to download the entire film library of Universal Studios? Pay for it.

Purchase the Docs? It's An Illusion

Fraud-by-Democrat is not just Jim Doyle's playbook.

Democrats’ bid to shore up support for a health-care overhaul among seniors and doctors with a $247 billion package of deficit spending on Medicare is looking pretty fishy.

What the (DFrauds) want to do is NOT reduce Medicare spending by $247Bn. And they want to do it with a single-purpose separate bill.

Medicare's reimbursement schedule calls for a 21% drop in payments to doctors beginning in January. Top Democrats are proposing to upend that arrangement and instead freeze doctor payments at this year's level for the next decade. They seek to do so in a bill -- separate from the overhaul legislation -- that they said would shore up the government health program for the elderly.

That will make ObamaCare "deficit neutral," even though it's not. Not even Baucus had the nerve to pull this BS:

The health bill approved by the Senate Finance Committee would have suspended the cuts for one year, at a cost of $11 billion. That was paid for in the context of the larger health overhaul bill.

And the assertion that 'it's paid for.....larger context' is, of course, a lie--if you run the numbers past the neatly-artificial "10 year projection" which Baucus & Co. imposed.

Rome Opens Door to Anglicans' TAC, UPDATED

Wow. (See update/link below)

In a surprise announcement this morning, the Vatican opened the door to groups of Anglicans - including potentially whole parishes or even entire Anglican dioceses - who are seeking communion with the Catholic Church while keeping their unique Anglican liturgical and pastoral traditions. The creation of new "canonical structures" to achieve this, Vatican officials said, comes in response to "hundreds" of requests by Anglicans from around the world who maintain the traditional moral teachings of Christianity.

Those 'hundreds' of requests come from Anglicans who are convinced that Rowan Williams and his immediate predecessors gave the wrong answers on some serious questions.

Cardinal Levada said that the requests had come from Anglicans who had come to realize the need for a "Petrine ministry," that is, the ministry of the papacy, whereby doctrinal and disciplinary matters can be decided authoritatively. Major issues for those making the requests, Levada said, have been the decision of the Anglican churches to ordain women as clergy and bishops and, most recently, the decision by some provinces of the Anglican communion to give "approval to homosexual activity, such as the ordination of clergy who are practicing homosexuals or the 'blessing' of homosexual unions."

It's also a slapdown of Cdl W. Kasper, who has been doing his best to stiff-arm Anglicans seeking to swim the Tiber.

...At the launch of a book on the ecumenical movement, Kasper said that the churchmen involved "are pleasantly surprised for all that has been achieved in these years." Moreover, Kasper made a point of adding at the time, "We are not fishing in the Anglican lake."

Nevertheless, Cardinal Levada said today that, while the "ecumenical work will still go on," there are prelates who believe that after decades of talk, little that is concrete has been achieved and that the "goal [of the movement] has receded."

Kasper may well be pleased; the jaw-jaw circuit includes good food and nice accomodations.

Arguably the most comprehensive coverage is here.

Not surprisingly, he has a lot of questions, and (surprisingly) there are VERY few answers.

A tease: Finally, it seemed quite odd that the text of the document that the press conference was held to present was... not presented!

"Flying Imams" Cash In on Suit

You remember the wacko-Imams.

...the half-dozen Muslim clerics who were kicked off a US Airways Minneapolis-to-Phoenix flight after engaging in behavior that alarmed both passengers and crew before takeoff. Many on board feared the imams – who prayed loudly in Arabic, refused to sit in their assigned seats, fanned out in the cabin in pairs to occupy the front, middle and rear exit rows, ordered seat-belt extenders they didn't need, criticized the Iraq war and President Bush, talked about al-Qaida and Osama bin Laden and other disconcerting behaviors – were testing security procedures in a dry run for a future hijacking.

Well, USAir paid them off following their "civil rights" suit.

So does that mean that a few dozen open-carrying folks can walk through the local mosque parking lot and stand in close formation at the exits during prayer-time?

Just sayin'.....

Tuesday, October 20, 2009

Mao-Love: Obama's Staffers

Geez. Ms. Dunn is not alone in offering hearts to Mao, the Killer of 70 Million.

Ron Bloom is the Manufacturing Czar. In the video he admits, “We kind of agree with Mao that power comes largely from the barrel of a gun.”Doesn’t that make you feel secure?

Well, no, but it DOES give me a reason to repeat the mantra "Buy More Ammo."

Ron Bloom has history.

He has a long history of being the negotiating face of unions in a suit. He is a Harvard Business School graduate who has worked for the unions beginning with SEIU for decades.

Well, the UAW has to be happy.

HT: Gateway

Herbie Kohl Drinks ObamaCare KoolAde

A friend sent along a Herbie Kohl letter about ObamaCare. Excerpts:

...I believe reform should include some sort of public plan to provide more choices and competition

...When we do have a full package to debate in the Senate, I will examine it carefully to ensure that it will reduce the skyrocketing cost of health care, improve quality, and expand coverage to most, if not all Americans.

Herbie's kidding, of course. There is no way to add 20++ million people to coverage AND 'reduce cost, improve quality...'

...What I heard from the witnesses confirmed my belief that we must move towards a health care system that pays for value not volume, does not deny care when people become sick, eliminates fraud and waste, and emphasizes prevention and wellness programs.

The last red-highlight implies that Herbie thinks testing for problems is a cost-saver. It's not.

In the past year alone, the Senate has held nearly 150 bi-partisan meetings among the Committees with legislative jurisdiction.

Too bad the Senate couldn't adopt any (R) proposals at all.......

And of course, Herbie completely avoided the questions of taxpayer-paid elective abortions and the complete lack of conscience protections.

Word has it that Herbie resumed his nap after sending the letter.

For $643K, Here's the Question, Alex!

Your $643,000 will pay for the study to answer this question:

...whether adolescents who consume alcohol and/or carry firearms, and/or whose daily activities occur in surroundings rich in alcohol and/or firearms, face a differential risk of being shot with a firearm or injured in a non-gun assault.

You've already lost the $643K, so what's your bet on the answer?

HT: Of Arms

Doyle Games: Screw the Taxpayers, Part 343,220

Doyle, the Theft-by-Fraud king of state budgets, is now putting the screws to taxpayers in new ways.

As though defrauding the taxpayers by re-allocating highway money, adding "fees" to utility bills, and draining doctors' trust moneys wasn't enough, Doyle's now decided to make your drive to Grandma's house this Christmas a lot dicier.

Snow plowing on state roads throughout southeastern Wisconsin could be slowed significantly this winter due to state budget cuts.

Remember: "Stimulus" funds are used only to save the jobs of State and local employees. Saving the lives of taxpayers, not so much.

Monday, October 19, 2009

Make Fools of the MSM, and Brag About It

One wonders if this little revelation will have a boomerang.

“So it was very much…we controlled it as opposed to the press controlled it…But increasingly by the general election, very rarely did we communicate anything through the press that we didn’t absolutely control.” --Mao-Worshipper Dunn

And the MSM, slobbering, let it happen.

Wonder why the "Big 3" 6:00 News' viewership is down by 50 points in the last several years?

HT: VerumSerum

The Cost of Wisconsin Grows Geometrically

The Jackassery of Legislative Democrats, Part 234,609

A new state law allowing adults up to age 27 to keep medical coverage under their parents’ policies will cost governments, including Milwaukee Public Schools and the state of Wisconsin, millions of dollars annually.

Beginning in January, insurers will be required to permit dependents under 27 who are unmarried and are not eligible for group health insurance to stay on their parents’ health insurance.

Gee. We haven't heard about this until NOW? You mean that Doyle, Sherman, and Erpenbach dont' think they should BRAG about this?

The rate of uninsured 19- to 27-year-olds in Wisconsin is 17 percent, according to U.S. Census estimates. The state fiscal estimate assumes that between 80 and 100 percent of these uninsured individuals will newly enroll in health insurance plans.

As you might imagine, this will substantially increase the insurance-costs for the State Gummint, as well as for counties, municipalities, and school districts.

That is to say--for taxpayers.

Every insurance plan in Wisconsin, other than employers who have self-funded plans, is subject to the new law, Guidry said [about 60% of private employers are self-funded.]

And if you're feeling sorry for MPS teachers, wait until you read the insurance-cost figures for them in the linked article.

HT: FoxPolitics