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The Palin Analogies
You were going to throw up a merkin? Just what exactly were you doing down there?????— October 8, 2008 3:18 p.m.
SEC Should Discipline Three Officials Who Interfered with Gary Aguirre's Insider Trading Investigation, Says Inspector General
Bummer, I was hoping that he really said it. If I was paying any attention, there was this in a large font at the top of their front page: "Disclaimer In case you didn't get it, none of the stories are real. It's all fake. We made it all up. It's satire. The people might be real but the quotes are not." But that is so vague it could mean just about anything...— October 8, 2008 11:41 a.m.
SEC Should Discipline Three Officials Who Interfered with Gary Aguirre's Insider Trading Investigation, Says Inspector General
Don, I read the quote by Aguirre (and also thought it was pretty funny) here (http://www.unconfirmedsources.com/index.php?itemi…). The actual quote was: "I guess it makes sense." Says Michael Aguirre, San Diego city attorney who dropped charges against Cox because suing a congressman is a tough thing to do in this country. "Cox sure knows his way around financial crimes and I think he will make a great chairmen of the SEC. Let's hope he starts things off right, by investigating himself." FYI: This is pretty interesting. It is the original complaint filed against Cox for the Orange County fraud ( http://cwd.grassroots.com/resources/4thComplaint.… )— October 8, 2008 9:33 a.m.
SEC Should Discipline Three Officials Who Interfered with Gary Aguirre's Insider Trading Investigation, Says Inspector General
Don said: "Mike said Cox was unfit for the office." Actually, I read that Mike said just the opposite. He said that based on Cox's professional experience helping his client perpetrate the largest securities fraud in Orange County history, that he was in a unique position to know what to look for!— October 7, 2008 8:46 p.m.
For First Time in Ten Years, Consumers Pay Off Debt. This Will Probably Result in Contraction, but Is Actually Positive
Hallelujah! The only problem is that the government will just be asking us for that much more in taxes so that they can continue their excessive deficit spending.— October 7, 2008 8:39 p.m.
San Diego continues to reward bad behavior
Our two party system has failed America. We end up with two polar opposite ideologues who represent the rabid fringe of their respective parties. That guarantees that 75%-80% of Americans will be disappointed with whichever one is elected. Here is what I see when I shut my eyes and dream: When was the last time a presidential candidate was not a current or former Senator/Congressman/Governor? I say screw the current party system that drags the presidential election out for a ridiculous 18 months or so, and throw every current or former Senator/Congressman/Governor into the hat for a series of votes over 8 weeks. After two preliminary votes knocking out 75% each followed by two voting rounds knocking out 50% each, we would be left with around 14 serious candidates for the final 4 week push. The first two week cycle would require 2 debates a week and then a vote to select the final four. Each of the final four would then announce their vice-presidential choices. That format would remove a ton of wasted time and money, while splintering the two major parties, giving a much better chance that a moderate from either party representing the majority of Americans would emerge, and would give a legitimate chance for third party candidates to be heard and make a splash (Which is why it will never happen).— October 2, 2008 9:54 a.m.
San Diego continues to reward bad behavior
Anon92107, If it were only that simple. The Donkeys and Elephants have legislated a two party system such that it is almost impossible for anyone else to gain a foothold. It is essentially another form of gerrymandering. There is no incumbent running for president, but your choices outside of McCain/Obama are polling around a combined 6% and are not even invited to debate.— October 2, 2008 9:29 a.m.
San Diego continues to reward bad behavior
Funny coincidence; While reading this article at lunch, I was also listening to an interview on NPR with Steve Fraser (Author of Wall Street: America's Dream Palace, among others). He described his next book which is going to be a comparison of what he termed Americas two gilded ages dominated by Wall St. types, roughly the age at the end of the nineteenth century (I didn't get the exact years), and the age from the time Reagan was elected through last Monday. He said one stark difference between the two was the moral outrage from religious leaders which helped lead mass protests against the robber barons the last time around. He noted that this time around the moral outrage is almost completely absent, in this day and age where televangelists are preaching how to get rich. The old christian ethic that gambling was an egregious sin and that Wall St. was full of money lenders and gamblers has all but completely disappeared. The flip side to the lack of moral outrage is that there is not likely to be a backlash against Jews this time around. It was interesting to listen to that while reading Don's article. I haven't read anything by Fraser. Does anybody know if he is worth reading?— October 1, 2008 3:06 p.m.
House Was Right to Reject Deceptive Wall Street Bailout. One That Comes Later This Week Must Protect Taxpayers
I just saw this from the WSJ (thanks to the VoSD): Rady just lost a fortune "The hedge fund, run by former Westcorp Inc. Chairman and Chief Executive Ernest Rady, got 23.9 million of its 28.9 million shares when they traded between $50 and $60, during the third quarter of 2006. That is around the same time Wachovia finished its $3.9 billion stock acquisition of Westcorp, a California thrift and auto lender." http://online.wsj.com/article/SB12227372225038874…— September 30, 2008 12:15 p.m.
House Was Right to Reject Deceptive Wall Street Bailout. One That Comes Later This Week Must Protect Taxpayers
Johnny, it is becoming apparent that Don is not a true American. By discouraging you from raiding your grandchild's college fund to support rich self-aggrandizing Wall St. insider fat cats gambling in offshore tax havens, he is supporting Al Qaeda and helping the terrorists win. Sincerely, GW PS: Did I say "rich self-aggrandizing Wall St. insider fat cats"? Oops, I meant to say "esteemed learned American heroes selflessly dedicating their lives to the prospect of a better America for you and all the other little cash cows on Main Street". Doggone it, there I go again. "People", not "cash cows", we're to call them "people" in public.— September 30, 2008 10:07 a.m.