You are currently browsing the category archive for the ‘Sarah Palin’ category.

This is post number 2000.

The only real significance is it is 150 posts more than where Tommywonk stopped exactly one year and fifteen days ago…

If some future historian looks back, I can only guess they may kindly make some note of the quality of thought that underlies these efforts, but my guess, is no one will ever notice…

Irregardless, as long as the urge to put thoughts down for others continues, we will go on. As usual, with no goal, no direction, and no ulterior motive. Probably upon reflection, my biggest surprise, right here, right now … is that I still enjoy it so much, and can’t wait to jot my thoughts down, click the button, and send them off to where ever cyberspace and the vast internet ocean, lets them drift….

For each of you who have become regular over the years, … thank you friend…

I’m trying to put all your ideas together into one package. So, let me get this right… All you are asking is for, is a country where:

1) There is no universal healthcare.
2) Few entitlement programs.
3) Low Flat Tax System.
4) Faith based Government.
5) A deep reverence for God.
6) Extremely strict rules against abortion.
7) Marriage has already been strictly defined as between man and woman.
8) Homosexuality is a sin, and illegal.
9) Dress Codes are strictly enforced.
10) Tattoos, piercings, baggy pants, are banned.
11) Has the Death Penalty which they aren’t shy about using.
12) Strong private school system with religious focus.
13) Widespread dependency on oil and natural gas drilling.
14) Growing nuclear program
15) Nonexistent environmental nuisances
16) Culture that promotes family and stereotyped roles for men and women.

I’ve endeavored to put all your values on one page. I share your frustration because today, ever since 2008, it seems like America is moving further and further away from these values.

But you don’t have to be frustrated anymore. I have looked far and wide and have discovered a place already in existence that has those values in place, and more. If you sorely long for those values above, it is sincerely a place where you and your family would be very happy.

It is Iran.

You don’t have to pay me. I don’t need any commission. Just glad to help a fellow Delawarean out…. No problem.

Jockstrap….

I just couldn’t help but notice he supports almost every Johnson. (Even ones with Swiss spellings… Johansen ….)

Lol…

The candidate will be none of those currently running… So who is your guess on who will jump in to save the Republican Party?

Truth, again lifted from Der Spiegal….

What a nice club that is. A club of liars, cheaters, adulterers, exaggerators, hypocrites and ignoramuses. “A starting point for a chronicle of American decline,” was how David Remnick, the editor of the New Yorker, described the current Republican race.

The Tea Party would take issue with that assessment. They cheer the loudest for the worst, only to see them fail, as expected, one by one. Which goes to show that this “movement,” sponsored by Fox News, has never been interested in the actual business of governing or in the intelligence and intellect that requires. They are only interested in marketing themselves, for ratings and dollars.

So the US elections are a reality show after all, a pseudo-political counterpart to the Paris Hiltons, Kim Kardashians and all the “American Idol” and “X Factor” contestants littering today’s TV. The cruder, the dumber, the more bizarre and outlandish — the more lucrative. Especially for Fox News, whose viewers were recently determined by Fairleigh Dickinson University to be far less informed than people who don’t watch TV news at all.

Maybe that’s the solution: Just ignore it all, until election day. Good luck with that — this docudrama with its soap-opera twists is way too enthralling. The latest rumor du jour involves a certain candidate who long ago seemed to have disappeared from the radar. Now she may be back, or so it is said, to bring order into this chaos. Never mind that her name is synonymous with chaos: Sarah Palin.

Many of the areas hit by the storm had also been hit by Irene. In New Jersey’s Hamilton Township, Tom Jacobsen also recalled heavy spring flooding and a particularly heavy winter before that.

“I’m starting to think we really ticked off Mother Nature somehow, because we’ve been getting spanked by her for about a year now,” he said while grabbing some coffee at a convenience store…..

OF COURSE YOU DID, DUMMY. YOU VOTED FOR REPUBLICANS!

I really didn’t know..

What happens when Republicans can’t get their act together, and close our government because women won’t let them into their uterus?

“Uh, … can I go into your Uterus?”

“No…”

“Damn it, bitch! I’m shutting down the government!…”

Here is the list going out of those who stop getting paychecks just because the Republicans retaliated for not being able to go up into a woman’s uterus….

There is no total at the bottom so I added them all up… 350,564… All human beings. most supporting families including children.

Ok, so what’s the average wage? The average wage of Federal Employees is $81,258….

Now, I’ve got a problem with average wages, ever since I learned that the average net worth of a bar’s patrons, jumps up by $3 billion every time Bill Gates walks into a bar…

So I will take for calculative properties only, a lesser figure, $50,000 to judge the impact. (I know when I was starting out, Federal wages weren’t $81,258!, how I wish they were!)

350,564 human beings… On a map you would have to block out the two lower counties of Delaware to show the impact of how many people would be without paychecks… (157,741 {Kent} + 192,747 {Sussex}…. Imagine, just driving down to Fenwick Island next time if all those people didn’t have jobs!… Of course we could accept that if it were due to an atomic bomb that had caused damage…

But to be caused simply because some Republicans couldn’t go up a woman’s uterus?

All those people without jobs, for a uterus? The immediate loss to our economy of $17,528,550,564 a year…. Hmm, per day, that would be…$47,990,556… 3 times the entire daily economic activity of Dover, Delaware, the 235th largest metropolitan center in the United States…. {$6,052,000,000 divided by 365.25}

This ladies and gentlemen, is the current state of our country, and will be, as long as no one dares challenge conservative values for what they are.

We need a media that tells the truth…

I didn’t know this but up north in Canada, they actually have a law on their books, that says: “a licenser may not broadcast….any false or misleading news.”

Canada regulators today announced they would reject efforts by Canada’s right wing Prime Minister, Stephen Harper, to repeal a law that forbids lying on broadcast news.

The provision has kept Fox News and right wing talk radio out of Canada.

The simple question we all must ask, has to be:….. why can’t Fox broadcast in Canada if everything said has to be truthful?

Apparently right wing news is nothing but lies….  I mean, if you have to change the law just so you can broadcast…….  and that law states: “a licenser may not broadcast….any false or misleading news”, well…. go figure.

From Dro at the Daily Kos:  “Because of this Canadian law, political dialogue in Canada is marked by civility, modesty, honesty, collegiality, and idealism that have pretty much disappeared on the U.S. airwaves. When Stephen Harper moved to abolish anti-lying provision of the Radio Act, Canadians rose up to oppose him fearing that their tradition of honest non partisan news would be replaced by the toxic, overtly partisan, biased and dishonest news coverage familiar to American citizens who listen to Fox News and talk radio. Harper’s proposal was timed to facilitate the launch of a new right wing network, “Sun TV News” which Canadians call “Fox News North.”

So when you require your news source to be accurate, you have civil discussions, sort of the way we all look back on politics and wish we still could, but when you remove the “Fairness Doctrine”, as was done by Ronald Reagan, you open the doors to Crazy Eileen, Birthers, Swift Boats, and Penis Heads running for office.

Hmmm.

I wish someone in the US had enough balls to at least submit a bill in the US Congress, requiring all news to be accurate in its reporting, whether it’s from the left or right, and then…. see which side rises up crying against it the most… I wonder which side that would be?

The downward trend makes sense if you think about it… It actually happens here on blogs as well.

If you have any assembly gathered together for discussion, and someone takes a big dump right in the middle of the floor, whenever it is that the assembly is finished, to the outside observers, everyone exiting the room through the door, still carries the sweet aroma of shit on their clothes… Allowing one person to falsify information, opens the door for all to….

We need a similar law. Not right, not left, just truth.

Today, in Lakehurst, NJ, the Navy announced it allegedly launched an F18 using electromagnetism. Recently, it also announced using electromagnetism to fire a projectile at nearly Mach 8.

In less than 5 seconds, the F18 was airborne. The electric catapult, manufactured by General Atomics, must be delivered to the Newport News Shipyard by this upcoming May, in order to meet the production schedule of the new Gerald Ford class aircraft carrier due to be christened in 2015. Failure of this test, would have caused a redesign to allow the re-installation of the now inefficient old fashioned steam catapults.

With the growing reliance upon electromagnetic technology, comes renewed concern over it’s its functionality in the event of an EMP. The Iranian nuclear crises, exposes this vulnerability. One Iranian missile launch, coupled with a crude nuclear device exploded over it’s own airspace, could blind our Mid-East operations for months to come.

With out capacitors, we could no longer launch planes into the air.


Courtesy of US Navy and General Atomics

Duffy is God’s answer to a prayer.. I miss the old days of blogging when we were debating principals instead of people… Duffy has stuck to the old line of debating principals with facts, and that is what makes him special in the eyes of bloggers everywhere…

Since the passing of Steve Newton, he has been the only one to challenge me in any argument, and usually some pretty good stuff comes out of both sides during the exchange… I have respected that.. Cause once again, opinions mean dick. Facts are what we steer by.. It is my hope that in responding to his challenge that an answer may make itself apparent.. Who knows? It may not come from me… But if I’m the catalyst for bringing it out in the open, then… none of this was in vain..

Why I like to debate Duffy is simple.. Neither side, he or I, is concretely set in their opinions… We accept it when the other side makes sense… I usually go into such debates having no idea where they’ll end up… I hope the rest of you enjoy the ride as welI….

That said..

Duffy leads: Wall Street’s problems were caused by Fannie and Freddie loaning money to people they knew couldn’t pay and moreover, forcing banks to lend money to people who couldn’t pay. That was not deregulation but misregulation

kavips rebutt’s:Uh… Mr. President. That’s not entirely accurate.

First off, the Community Reinvestment Act of 1977 was developed for, and locked in on, urban developmental areas and had no part of the subprime boom, which primarily occurred out in western desert regions where owning 4 to 5 investment homes was normal… Those homes were overwhelmingly funded by loan originators NOT SUBJECT to the act… We all know the crises was not because people couldn’t afford a payment on their house. It came about, because with no occupants, people could not afford the payments of 4 to 5 houses….. Instead of one loan per borrower turning up in default; four to five were.
Investment Homes lead forclosures not inner city Residences

Second off, The housing bubble reached its point of maximum inflation in 2005.
The Housing Bubble Starts to Dive in 2005
Courtesy of NYT

Third off, During those exact same years, Fannie and Freddie were sidelined by Congressional pressure, and saw a sharp drop in their share of loans secured by the Feds… Follow the dotted line on the very bottom of the graph…
Freddie and Fannie on the lowest line
Courtesy of NYT

Fourth off; During those exact same years, private secures, like Delaware’s own AIG, grabbed the lions share of the market.
Private, not Public Insurers Caused the Crash
Courtesy of NYT

Remember these graphs for later on when I discuss the results of deregulation, versus regulation… But like it or not, these graphs conclusively show that private insurers, who thanks to Marie Evans, we now know were deregulated by Phil Gramm in the 2000 Omnibus Bill, were the primary cause of the worlds financial collapse.. Probably put best by these words of AIG’s spokesperson, who when asked why they didn’t have sufficient funds to cover losses, said point blank, “We were deregulated. We were no laws requiring us to keep any funds, ..so we spent it…”

Duffy leads: The loosely regulated hedge funds escaped this mess largely unscathed. Why? They can’t count on a bailout like the big banks. The Too Big To Fail banks were counting on a bailout (not unlike the S&L bailouts which started on the Republican’s watch) and they got them.

kavips rebutt’s:Uh… Mr. President. That’s not entirely accurate. I agree that the hedge funds did survive better than the banks. Not because of bailouts, but because they sold short during the crises and made billions while firms closed and people got thrown out of work. There is nothing wrong with that; I did the same. In fact close readers may remember my warnings that the crises was impending almost a year earlier. Very close readers may remember my telling them exactly when to sell, and at what point the stock market would rebound… I must say: I called it rather well. :)

“Hedge funds were not in my understanding, at fault in the credit crisis,” said David Ruder, former chairman of the Securities and Exchange Commission. “At the most what they did was to sell securities when some of their investments were declining and they needed to have liquid funds. They were not the architects of these problems.”

De regulated hedge funds are not the issue… De-regulated, excessively leveraged, mortgage securities, are a different story however… They, not the banks that held them, are the cause of the crises…Years from now, when academics search for causes of the stock market crash of 2008, they will focus on the pivotal role of mortgage-backed securities. These exotic financial instruments allowed a downturn in U.S. home prices to morph into a contagion that brought down Bear Stearns a year ago this month – and more recently have brought the global banking system to its knees.

Where you err is when you state that banks too big to fail, assumed they would be bailed out… By implication, you say imply they failed from squandering money, and wanted the bailouts.. But your tax dollars didn’t flow directly to the bottom line.

The roughly $200 billion the Treasury Department has handed out to battered banks was swapped for a special class of stock that pays a 5 percent dividend (rising to 9 percent after five years.) As of April 15, the Treasury had collected about $2.5 billion in dividend payments on its investment.

So in that sense, the bailout money represents an expense for banks. That’s one reason a number of banks have said they want to give the money back as soon as possible.

You say big banks were counting on a bailout, and they got them? That didn’t happen to these banks. New Mexico, Georgia, and Florida each lost a bank just last Friday. That brings to 8, the number of banks failed in June. Unfortunately if a bank is failing, it can’t bet on itself to fail, as can a hedge fund.

Duffy leads: Banks have successfully lobbied to get their losses absorbed by taxpayers and gains are kept private. How nice for them. They felt comfortable making insane gambles because they knew they’d be bailed out. Most of them were right. Also remember that it was Bill Clinton who tore down the wall between retail and investment banking. The idea was to give banks more stability as they typically perform as exact opposites in bull and bear markets. (FWIW, I think that was a good idea and I can tell you first hand that two of the Fortune 100 banks I worked for were carried by retail banking in bear years. They may not have had bonuses those years but they didn’t have layoffs either)

kavips rebutt’s:Uh… Mr. President. That’s not entirely accurate. The idea is that the banks made bad decisions knowing taxpayers would bail them out is the issue that is inaccurate. For the record, I have no qualms that it was the Clinton legacy who tore down the wall between banks and investment banking. Like you, I feel it was a good idea to do so… Again the problem was not primarily with banks making loans to people who could not pay.. Although, it was as late as October 2009, when I was made aware of one private Bank in Denver still exaggerating income to make loans look good enough on paper to get approval of securitization. What caused the collapse was the leveraging of those loans as securities, so that as the housing market became overextended, and the ARM jumped past the low cost opening years, the damage was 100 times worse because of leveraging. What made the collapse criminal, was that the insurance most financial institutions had bought from AIG, to cover such an improbable event, had already spent by that companies executives, out on bonuses to themselves. What made it doubly criminal, was that when they received government dollars through a taxpayer bailout, those same executives assumed it was to first go towards paying their bonuses again. However, very recent events may give some cover to the argument that some collusion was implicit in the bailing out of Goldman Sacs and AIG… Basically, once bailed out, AIG paid Goldman Sacs for shares twice as much as they were worth. The documents also indicate that regulators ignored recommendations from their own advisers to force the banks to accept losses on their A.I.G. deals and instead paid the banks in full for the contracts.

Follow

Get every new post delivered to your Inbox.

Join 122 other followers