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Anyone who reads this blog knows that comments are where the action is.. The best writing is usually below the canal, where smart minds give and take and dissect the others points of view… Having spent an inordinate amount of time on one such comment, I thought today’s epistle would be, something that in the olden days would have been titled: “Comment Rescue… ”
(Since I didn’t garnish another’s permission, I’m not naming him or her, but if they want to come forward on their own, they most certainly are welcome… They probably will, because their comment is not that hard to find.. But I thought the overall give and take was done well enough to showcase to others how all argument should take place on blogs, and use this as a measure upon which all other future commentary can be judged…)
“Bush is the person who fought a war in which Americans died for oil.” Where was Congress? I seem to remember they voted to send troops but that can’t possibly be so, can it?
There are two ways an administration can approach Congress… One is to say look at all the evidence and come to your own conclusion… The other is to say, take our word, we have the intelligence that says this will happen, we need your support as a fellow American… The latter was the path that was taken… Today, trying to pin Congress in on the instigation of the Iraq War, is nothing but a cowardly attempt to shift blame… Those of us who know human nature, chuckle at each such attempt, because we know that is done only by people who KNOW they are guilty… The act of blaming Congress actually drives home our point that Republicans were guilty and got caught! The proof is there. Cheney constructed the threat of Iraq and sold it… We found out too late it was nothing but a contrivance…
“Bush is the person who bankrupted our nation by spending every dollar of the surplus and then ran our nation on deficit spending for 8 years…Let our children pay for it!” So you’re a deficit hawk then. Great. Please direct me to the post where you go bananas when Obama takes a mere 143 days to surpass Bush’s 8 years of spending which included not one but two wars.
There are two kinds of deficits. one is flagrant spending of favors to bolster the Republican party’s power; the other is to borrow to save a nation… Deficit spending saved us during WWII… The deficit spending that was spent recently, is an investment that saved the entire financial global network. The government of the United States of America, absorbed the stupid Republican-caused collapse. We now own shares of the banks. When the economy grows, we can cash those shares in at a profit. Your deficit argument is like castigating a well-meaning American homeowner for going into debt for a house… After all, someone signing a $250,000 note while making $30,000 is scary. But it is a good thing for the rest of us, that a lot of homeowners have balls, isn’t it..
Republicans obviously don’t have balls or brains. … Their wimpy whinings are no more relevant than the naive advisor who says “don’t buy a house, rent… You don’t want to go in debt.” Bottom line, the deficit of saving a nation, worked.. or has so far. The previous administration’s deficit, of making the wealthier even wealthier, didn’t work. Instead it fucked up this nation….
“Bush is the person who pushed the Medicare Reform that first tripled the cost of pharmaceuticals and then reimbursed drug companies three times over what the drugs originally were worth.” Cite please. I agree that the program was ill conceived and even poorly executed but I’ve not seen anything approaching these numbers.
If you bought drugs over the counter and paid $40 dollars for your supply before the Medicare pharmaceutical supplements came to be passed by the Republicans, today those same drugs cost $120 dollars, and the government covers $80 of those dollars and you pay….. $40 dollars… What has changed for you? The pharma companies are now getting $120 dollars for the same drugs they once got $40 for…. you pay the same $40, and your children and grandchildren pay the $80, which assuming interest will accrue, could amount to about $240 dollars depending on how long we allow the debt to continue unchecked…… The sacrilege comes from the fact that the $80 dollars part, was added to the deficit, so the wealthiest 1% could receive a tax cut… We doubled the cost, while cutting the revenue stream in half…
Smart Republican policy… WE are all paying for our nations stupidity now, aren’t we? As for citation… go to you own bills or ask you parents… That is far better citation than I could ever give… Go look.
“Bush is the person who deregulated our finance industry, so it collapsed on his watch.”
Nope. Bush warned three times that Fannie Mae and Freddie Mac were headed for trouble and he was rebuffed three times. Misregulation was the cause not deregulation. The largely unregulated hedge fund industry (Cerebrus Capital notwithstanding)skated through while the very tightly regulated insurance and banking were devastated.
Fannie Mae and Freddie Mac were not the problem although Bush was right to warn us of their unwieldiness… No, they were secondary symptoms caused by the main problem which was in Phil Gramm’s Commodities Act, a clause he inserted which allowed all derivatives to be unregulated. Insurance on these derivatives, was also unregulated… When the time came for AIG to cough up? There was no money! It had all been spent on bonuses… and when the Feds coughed money to save AIG, they tried again to spend it on their bonuses… such malfeasance among our corporate brethren, can only happen on a Republican’s watch… “do what you want… we Republicans won’t interfere.” The Democrats would have been all over that before a crises had occurred…
“Bush is the person who sent your manufacturing jobs overseas.” Really? Did he put them in boxes or…? Labor and regulatory costs sent them overseas. Blame our high standard of living.
No, our jobs went overseas because it was cheaper under the tax codes made up by Republicans to make something in another country and bring it back over… Under a better tax package this would not have occurred, we would not have had as deep of a deficit, and we would have had a much healthier economy. As pointed out in the Kavipsian theory of economics, the difference of only 5% in our top rate, is all we needed to keep our economy steaming forward as it did during the Clinton years.. Pure and Simple. It is the Republican financial philosophy that caused us to experience what earlier this week became official: 0 % real job growth over the entire Republican presidency… That is just plain sick.
“Bush is the person who tried to remove your social security.” If remove = privatize then yeah he made a half-assed attempt and then quit.
Facts are in: Had Social Security been privatized.. as of around somewhere in November 08… It would not have existed. I call that getting rid of Social Security.
“Bush is the person who tried to get rid of Medicare.” By increasing funding?
Medicare has always been on the Republican chopping block. Bush was nothing new at putting lip service into eradicating it… The increased funding you mention, was passed on to future generations… That shows real responsibility… “Here, spend as much as you can on your health… Don’t worry! Your children and grandchildren will foot the bill…”
“Bush is the person who came close to nuking Iran.” Define close.
As for defining usage of nuclear weapons upon Iraq, that is what all were saying… In fact, one ranking officer said he would refuse the order if given to bomb Iran… Everyone who wasn’t a neocon, received a sigh of relief…
“Bush is the person whose policy made the US hated around the world.” Really? How’s Barry’s Charm Offensive going? Poland hates us, he snubbed the King of Norway and the UK, our closest ally isn’t returning our calls. Bang up job there Barry. Oh, and Muslim terrorists are still trying to blow up our airplanes.
As for Barack, I haven’t seen the evidence you mention… I do know, however, that the entire globe breathed a sigh of relief to see the former president step down…
“Bush is the person who destroyed the economy…” Please keep it straight. Is he a dunce or an evil genius. He can’t be both. (I’ll give you a hint. Liberals typically make Bush the dunce and Cheney the Evil Genius.) YMMV.
So say what you will about Barack… He is no Bush and for that, every American can be thankful…..
Since taking office, he has saved this nation several times… Bush in eight years… with help from all Republicans, mind you… destroyed it… At the rate were are currently on, (knock on wood) we should be in good shape to remove the rest of Republicans from office by this November…
With lies about Barack circulating about, yes, we do have some work to do, but then again, everything wonderful that ever happened to this nation, has always had some work behind it….
In an effort to educate my children, quite often old National Geographics are left around the house in various places. Usually they are teasers, one only has a few minutes to spare, but in those few minutes, lot’s can be learned.
Today, the one on top was June 2007’s titled “The Big Thaw.” I finally got a chance to read the entire article and gaze at all the pictures. Later when I went online, somehow my first two clicks put me here, which covers exactly the same material, and interviews the same persons. The visuals are stunning; the implications are horrific.
We are losing ice at rates long past alarming. So alarming that perhaps in as short as 15 years, many of Delaware’s homes will have to be abandoned to the sea…….. That means the year 2022. To those entering kindergartens this this year, by the time they graduate (which goes very fast by the way), going to the beach will be more of a “mission trip”, than a romp in the sand………
It is against this back drop that Delmarva is playing games. As Nancy Willing show us, while we face the oblivion of a large part of our state, Delmarva has hired a “Fudge Factor” operation, to bother Delawareans with this question:
If private citizens were willing to pay X dollars for wind turbines, and the government was willing to pay the same amount for wind turbines, would you prefer that private citizens pay for the turbines or the government?
Two more questions that were exposed were these:
“Would you be willing to pay for wind energy if it cost: $3 extra/month, $6 extra/month, $9 extra/month, $12 extra/month, $15 extra/month, $18 extra/month, $21 extra/month, $24 extra/month, $27 extra/month,…all the way up to $30/month (stated as “$360/yr.), or more?”
And just to show how caring Delmarva really is about the environment, they pull this question:
“Do you prefer Delaware offshore wind or wind energy from Pennsylvania?”
Nancy nails it. They are fishing for any negative information they can find to scuttle the deal they do not want. As most of us, including Matt Denn, Blue Water Wind, and NRG, who have commented, know too well that even if the information culled from the Delaware public is directly opposite to what Delmarva wants to hear, there is no guarantee that this Fudge Factor company, otherwise know as “Issues and Answers,” has no qualms about manipulating whatever information they find out.
It will require independent collaboration and the subsequent dismissal of Delmarva’s statistics, to forge a deal forward in this truly planetary endeavor…….
Recently I was privileged to sit in on a financial review session for a business here in Delaware. Here is how the conversation went.
Q: Your “utilities” are out the roof. What the hell are you doing?
A: Our rates increased 60% last May when Delmarva Power was deregulated.
Q: Bullshit. Why didn’t the other Delaware units show the same increase.
A: Both of them receive power through municipal coops. Those rates were settled by separate deals. We deal with Delmarva directly, and have no buffer.
Q: That’s crap. You are spending and not controlling energy costs. This summer, your costs are almost 40% higher than than anyone else in the company. We paid you to control this!
A. We have. Here is the proof. These are the bills from other stores. Here is ours. We use less kilowatt hours over each month than those other units. We have stretched our efficiency to as close to the theoretical, as is possible. You can see our price is higher, much higher, we have no control over that. But even though we use less energy than any other unit, we have to pay what we have to pay.
Q: Well if that’s the case then you need to find another $5,000 a month from somewhere else, to make up for pissing away good money.
A: The only option I have left is to NOT pay Delmarva the amount they ask, in other words, short the bill That option buys only 4 months until they shut us down. And then you will have to take the entire hit at one time. I say “you”, because if that is the move you ask me to make, then I won’t be here.
Q: You are damn right you won’t.
A: Be forewarned, it will cost you three times as much to find a replacement willing to deal with this kind of bullshit…….”
With that, the financial review was over.
This microcosm is currently taking place throughout every chain unit that pays Delmarva directly. There are two takeaways that come out of these experiences.
Businesses: if you are thinking of moving into Delaware……..don’t. You can’t afford it. Do not be misled by our state’s economic office. Look at the rates and do the math and see how much of your margin you give up! There are better places to invest than here in Delaware.
Others: You need to get off your asses and get this wind farm started now. The only way Delaware can remain competitive with any state, is to build the 600MW wind farm and use that 2.3 cent kilowatt hour to drive our energy prices down.
Even the tiniest amount of foot-dragging, will push this state over the edge.
Recently in Delaware, a well know auto parts company did a comparative study and decided that Delaware was ripe for expansion. The acquisition costs were low, taxes low, and competition was archaic and outdated. They received the required financing and moved in.
They built a new store every 120 days. Gradually they had received all but the most loyal of its competitor’s regulars. They began to set the standards of how business could be run. Were one to write a textbook on how to succeed in acquiring a new market, they would have been the most quoted source. Comparatively their service times per transaction were faster, their customer satisfaction results the highest, and their return to the bottom line was better than those same company’s stores in other states.
Every opportunity was met with success. Investors as well as customers were happy they had moved in.
Then, almost inexplicably, the upper management decided to buy a local strip club that was up for sale. They tackled the purchase with meticulous detail. They wined and dined, then cold shouldered the prospective seller, until he, desperate to unload the property, gave it up for a song. No one is certain as to why this company would go into a venture half-cocked. Some thought it was for reasons, deep, secret personal reasons, that guided the chief executives decision. But for a song, the place was acquired and a great party was thrown to celebrate the new diversion. It was even whispered by some, that all entertainment costs charged to the auto parts conglomerate, would be at cost, if even charged at all. Those few who fearlessly stood up to the executive and challenged him to explain his weird choice of action, were chastised publicly and told not to worry, it would pay for itself ten times over……
But no one knew how to run it……Apparently upper management was so concerned with the acquisition and the possibility of future profits, that in their rush, they had failed to plan for its management.
“Don’t worry. We will do it” they said. They chose a bright young parts manager and put him in charge. Since the facility was intact, they placed want ads for employees and prepared to open their doors. But being new to the porn arena, caused many of the local entertainers to become a little leery of signing up. “Let’s wait and see” was their approach.
Desperate, because of upper management pressure to get something done immediately, the young part’s manager asked some of the company’s most loyal employees to moonlight for him in their off hours………Opening day was a flop.
Jeers, hoots, holla’s were shouted at the dancers. The locals treated them with contempt. Who pays to see a middle aged pot bellied male clerk, dance around in a thong? Not only did the employees get shouted off of stage, but they failed to receive tips as well. Desperate, the young parts manger made deals from his car’s window with hookers off of Route 13. He asked them to come in and fill his roster. The hookers would do so only if he stipulated that they could ply their other trade within the club’s walls. He felt he had no choice but to agree.
Costs were running 200% more than anticipated. They had underestimate the clientèle. Southern businessmen, these locals were not. Heroin was sold openly.
They had bitten off more than they could chew. Those who had supported the diversionary financial venture, began to come under fire by stockholders. Over and over the CEO reassured them that all would work out.
Close it down to stop the financial bleeding he was told. No he insisted. That would be a failure. He would not do that. Instead we will staff it with all our employees. Every employee will work half a day at one of the stores, and the other half would be at night, inside the strip club.
As the staff levels increased, operations stabilized. However the client base hemorrhaged. Most nights were devoid of customers. Occasionally a group would arrive from out of town. The strip club soon sucked up more profits than the auto part’s stores could afford. For the first time, the company dipped into the red. It never recovered…………
Then came the vice squad. Arrests were made and prostitutes and management were incarcerated. Fines were levied against the holding company. There was no money left to pay them. Under court order, the doors were closed.
For whatever the reason, whether it was due to loyalty, or trust in his past brilliance, or personal fear, no one stood up to the CEO. All who came to advise him, left with head hung, hat in hand……No one pushed back…at least not hard enough…….and as the result,…..the entire enterprise was eventually auctioned off to pay the creditors no more than 18 cents per dollar invested……….
Moral of the story: Extravagant adventures sometimes end where you least want to go……Planning make perfect……
Relevance of the story: I’m sure you are smart enough to have figured it out by now.