Wednesday, March 18, 2009
How pathetic is this?
Creigh Deeds makes Roanoke stop on campaign tour20 "supporters" come out to greet the man who could be our next governor. There were probably more "supporters" than that across the street pumping gas.
By David Harrison, Roanoke Times
State Sen. Creigh Deeds spent 15 minutes at a Roanoke coffee shop on Monday touting his campaign for the Democratic nomination for governor.
Deeds, who is locked in a three-way race for the spot, spoke to about 20 supporters near the door of Mill Mountain Coffee and Tea downtown, one of five stops on a daylong and rain-soaked statewide tour that started in Bristol and was to end in Northern Virginia. [link]
How many of those "supporters" were reporters, I wonder?
And he gave them all of 15 minutes? Why bother?
20 people. I had more in my car going to lunch yesterday. And I didn't offer to throw taxpayer money at any of them.
See "From Bad to Worse."
The reason that 3% of the citizens of D.C. have AIDS? Bureaucracy.
Their solution? More needle exchanges. More condom exchanges.
A helpful hint: Any time you hear someone suggest that the solution to any growing problem is to provide more of the failed solution, be a bit skeptical of its potential success.
President Obama once scolded John McCain over veterans' benefits. Now the White House that condemns the AIG bonuses plans to charge wounded soldiers for the costs of treatment. Which is worse?"Wounded Vets Under Friendly Fire," March 17, 2009
Obama’s Real TestDoes it seem more than just odd that a plan that nobody has seen yet - including Friedman - does, in his mind, make sense? How does one make sense out of that which doesn't yet exist?
Let me be specific: If you didn’t like reading about A.I.G. brokers getting millions in bonuses after their company — 80 percent of which is owned by U.S. taxpayers — racked up the biggest quarterly loss in the history of the Milky Way Galaxy, you’re really not going to like the bank bailout plan to be rolled out soon by the Obama team. That plan will begin by using up the $250 billion or so left in TARP funds to start removing the toxic assets from the banks. But ultimately, to get the scale of bank repair we need, it will likely require some $750 billion more.
The plan makes sense, and, if done right, it might even make profits for U.S. taxpayers. [link] [my emphasis]
Wishful thinking? A need for ingratiation? Is he on the payroll?
Someone needs to get with Friedman and tell him that he should hold off on providing glowing praise for his boss - and the boss's wonderful plan - until it's actually written.
Dear President Obama,* Author unknown.
I wish to thank you for helping my neighbors with their mortgage payments. You know the oneʼs down the street that in the good times refinanced their house several times and bought SUVʼs, ATVʼs, RV"s, a pool, a big screen, two Wave Runners and a Harley. But I was wondering, since I am paying my mortgage and theirs, could you arrange for me to borrow the Harley now and then?
P.S. They also need help with their credit cards, when do you want me to start making those payments?
P.P.S. I almost forgot - they didn't file their income tax return this year. Should I go ahead and file for them or will you be appointing them to cabinet posts?
So I've avoided mentioning it.
But I will mention those who seem to be most apoplectic about the news that A.I.G. used federal bailout money to pay huge bonuses. It was done with their tacit approval. This is unbelievable:
The Stimulus Bill Explicitly Guarantees Contractual Bonuses Executed Before February 11
Senator Chris Dodd's challenger, Rob Simmons, was just given a golden, golden issue to run on.
Who in their right mind would codify in law that bonus payments to executives at bailed-out companies could not be prohibited?
Well, Chris Dodd.
[Section 111 of H1412 is found here]
That's the amendment that Dodd got placed in the Obama stimulus bill. You know, the one that passed with no House Republican votes, and only three Senate Republican votes. [link]
I heard Dodd on the radio last night trying to paint a whole different picture. It was HE who tried to put language in his amendment that would have prevented A.I.G.'s actions. He sounded like he had a hot poker up his butt the whole time he was talking so I think he knows he's in big trouble.
The whole thing is amusing, if you ask me.
From the Washington Post:
Congress Moves to Impose Hefty Tax on Executives Who Don't Return Money
The key word being "return." Both sides met the terms of their contract. Bonuses were paid accordingly. And Congress wants it all to be made null and void.
In a different era, I'd say they have no right. But this is the Obama era. So there are no rules anymore.
Will they come for us next?