People who say it cannot be done should not interrupt those who are doing it. Welcome to From On High.

Saturday, February 04, 2006

I Like This Guy

I want Raymond Smoot, chief operating officer of the Virginia Tech Foundation, Inc., investing my money. In response to questions regarding the foundation not being "socially conscious" when it invests its funds (in an article appearing in Collegiate Times), Smoot replied:
“Why should it be?” (link)
Smoot understands what "students and faculty" do not: His job is not to save the planet from global warming or to mend race relations or to help abandoned puppies or to nurture spotted owls or to prevent litter from creeping into our oceans or to keep kids from eating Big Macs or to get women equal pay for equal work or to protect old-growth forests or to fund abortion factories or ...

His one and only job is to protect the foundation's assets and to grow the foundation's wealth. Good for him.

But there are those who are shocked - shocked - by the fact that certain of the foundation's investments are in hedge funds that have investments in ... corporate-owned prisons and that ... ignore the environment!
[Phoebe] Rounds, the spokesperson for UnFairallon, a coalition of activist students seeking to publicize [one particular hedge fund's] investments, explained that Yale students became suspicious of the company's investment in the Corrections Corporation of America, the largest prison company in America. CCA has been condemned by Amnesty International for human rights violations. UnFairallon has accused the hedge fund for investing in companies that do not adhere to environmental regulations.

“I think a lot of people are looking the other way and that's why it's so important to step up and start investigating these investments,” she said.
It's not known whether Phoebe has any of her own wealth tied up in environmental investments, or that she has ever even had a real job.

As for Smoot, the whole topic is a non-issue:
When asked about the Virginia Tech Foundation's interest in social responsibility when investing with Farallon, Smoot explained that “whether any particular investment is ethically questionable is a matter of opinion.”

Smoot also explained that social responsibility is not considered when the Virginia Tech Foundation makes investments.
"I'm not here to tickle your toenails. Live with it." I love this guy. I want Raymond Smoot watching over my money. The planet will have to take care of itself.

So The USA Is Not In Depression?

This is welcome news:
Broad Rise in Hiring Last Month
By Louis Uchitelle, The New York Times

In one of the strongest job reports since the start of the recovery in late 2001, the government reported yesterday that the unemployment rate fell to 4.7 percent, its lowest level in more than four years. The nation's employers hired workers in nearly every industry.

The widespread hiring added 193,000 jobs to the work force, well short of what forecasters had expected. But upward revisions for November and December brought average monthly job growth for the three months to a hefty 229,000. The cumulative effect has been a sharp drop in the unemployment rate — to a level approaching what some economists define as full employment. (link)
This being the New York Times, the news is "not all good," but even here, the bad news couldn't worm its way into the article until the tenth paragraph - a record for this leftist rag:
The new jobs report was not all good news. Over the last year job growth averaged 189,000 a month, not counting the impact of Hurricane Katrina. In the early 1990's recovery, by comparison, the work force was growing at 303,000 a month in the fourth year.

In past recoveries, the average number of hours worked in a week rose along with employment; this time, employment is rising but hours have been stuck at just under 33.8 a week, on average, for more than three years. And unemployment among blacks, which fell more last month than for any other group, was nevertheless 8.9 percent — more than double the 4.1 percent for white men and women.
You gotta admire that last twist. Black unemployment dropped more dramatically than did any other demographic but ...

Anyway, the USA is kickin'! Now, if we could get some of that prosperity to work its way down to Bland County, Virginia ...

Do As I Say, Not As ...

As everyone by now knows, the movement to punish Wal-Mart for its breathtaking success is coming from organized labor. The claim is that the retail powerhouse pays low wages and inadequate benefits. The real motivation - obviously - is to unionize the company's workforce. In any case, the effort is touching. Big labor is trying to improve the lot of the little guy.

Or not.

A related item in The Detroit News:
Are unions crossing line with homeless pickets?
Stand-ins hired to make a ruckus outside nonunion sites lack rank-and-file benefits.
Lucia Graves, McClatchy Newspapers

WASHINGTON -- You've heard the panhandler's common refrain, "Will work for food." How about: "Will picket for food?"

In Washington, Baltimore, Atlanta and elsewhere in the country, union organizers are scouring shelters and recruiting homeless people to staff their picket lines, paying just above minimum wage and failing to provide health benefits. (link)
This is rich.

Unions are complaining about Wal-Mart's low wages and lack of benefits so they staff their picket lines with homeless people and pay them low wages and no benefits.

It just doesn't get any better than this.

And what does the head of the AFL-CIO have to say about the blatant hypocrisy?

AFL-CIO President John Sweeney said he saw nothing wrong with unions hiring homeless people as pickets.

"The fact that the people demonstrating were not members of the union doesn't make much difference," Sweeney said. "What matters is that the carpenters working on the building had no health care and no pension."

His words should give every Wal-Mart employee in America the warm and fuzzies.

Such compassion. Such sincerity.

Contrast This With Islamist Beanbrains

I received an alarming email yesterday. NBC is allegedly at it again. Christ is under assault:

Subject: NBC to mock the Crucifixion of Christ

Please forward this e-mail message to your family and friends!

SPECIAL ALERT! NBC to mock the Crucifixion of Christ

Dear ... ,

NBC, fresh from giving us the anti-Christian The Book of Daniel, has decided to hit back at the Christian community by presenting an episode of Will and Grace which mocks the crucifixion of Christ.

On the April 13 edition of NBC's Will and Grace, Britney Spears will appear as a Christian conservative sidekick to Sean Hayes' homosexual character, Jack, who hosts his own talk show.

Jack's fictional network, Out TV, is bought by a Christian TV network, leading to Spears contributing a cooking segment called "Cruci-fixin's."

To further denigrate Christianity, NBC chose to air it the night before Good Friday. Click Here to read the Associated Press article. NBC does not treat Jews, Muslins or other religions with such disrespect. Yet the network demonstrates a deep hostility toward followers of Christ.
Here's the interesting part of the email alert:

1. Call your local NBC affiliate and ask them not to air the April 13 episode of Will and Grace. Ask others to call.
Click here to find your local NBC station.

2. Click here to send a letter to NBC Chairman Bob Wright. Ask your pastor to run a notice in your church bulletins and newsletters and request members to go to www.afa.net and send the email to NBC Chairman Wright.

3. Click here to print out a petition(pdf) asking your local NBC affiliate not to air the April 13 episode and distribute it to your Sunday School class and fellow church members.

Next, and this is very important, please forward this to your friends and family today!

If you feel our efforts are worthy, would you consider making a small donation to help us in this effort. Click here to make your donation. Thanks for caring enough to get involved.



Donald E. Wildmon, Founder and Chairman
American Family Association

P.S. Please forward this e-mail message to your family and friends!
What? No death threats? No burning of flags? No fatwahs agianst Katie Couric? We're asked to write letters? Prepare petitions? Muslims would be killing ... each other, and burning ... their homes, and ... destroying their one and only goat.

And Don wants us to write letters!

We just don't hold a candle to those Muslims ...