Tag Archives: greed

Dog Days News

So Blago’s guilty of lying, but after six and half years of Justice Department investigations, many millions spent, federal prosecutors couldn’t convince 12 of his peers that he was guilty of any of the other 23 charges. Blago will likely be re-tried.

Our hemisphere is having the hottest summer ever recorded – wildfires in Russia, an iceberg four times the size of Manhattan has broken off Greenland, and Pakistan has more than 20 million affected by flooding with 8+ million in desperate need of food and clean water – yet, the Climate and Energy Bill is being held hostage by Senate Republicans who continue to deny global climate change has been caused by their hot air.

Caffeinated by the tea party, a one-word “no” platform, 309 Senate bills on Republican hold, gay marriage and immigration laws in the courts, a Muslim community center in Manhattan, and the Bush economy/legacy of failure abandoned on Obama’s doorstep, the Republicans are so poorly managed they only have $10.9 million for fall campaigns – now they get a $1 million partial bailout from News Corp., the owner of the Wall Street Journal and Fox Not-Really-News.

With a “real” unemployment rate of 16.5%, a net loss of 131,000 jobs last month, wage growth a misnomer, the current rate of bankruptcies near a 5-year high, record numbers without health insurance, record numbers of foreclosures, exports tanking, trade deficits exploding, bank earnings weakening, 80% of the exiting stimulus allocated to the states, but only 47% spent, and a second stimulus bill dead in the Senate waters –  the $10 billion subsidy just passed to pay states to keep or hire teachers has many school districts saying they aren’t going to rehire teachers, they’ll try to save it to help next year which is sure to be worse.

Haiti is still in ruins, 1.5 million people are still displaced, only about 10% of the money pledged (including the US contribution) has actually been given, Bill Clinton is out doing collections while Hillary is leading by example: she’s contributed $10 via text to relief efforts, but there’s still hope – Fugees’ rapper Wyclef Jean is running for President.

Gone in August:  Oscar-winning actress, Patricia Neal (84, lung cancer); Bobby Hebb, ‘Sunny’ singer-songwriter (72, lung cancer); “Shot Heard ‘Round the World” baseball player Bobby Thomson (86, long illness); jazz singer, civil rights activist, Abbey Lincoln (80, long illness); actor Paul Rudd (70, pancreatic cancer); film and TV producer, David Wolper (82, heart failure); former Alaska Senator Ted Stevens (87, plane crash in the bad weather that they didn’t check for before taking off); celebrity plastic surgeon, Frank Ryan (50, texting while driving); writer, pundit, segregationist, James Kilpatrick (89, heart failure); Gap Band musician, Robert Wilson (53, heart attack); singer for the Diamonds, Ted Kowalski (79, heart disease); Pardon by Bill Clinton for accepting kickbacks, 18 term Congressman and former Chairman of the House Ways & Means Committe, Dan Rostenkowski (82, unspecified); bluegrass bassist, Mitch Jayne (82, cancer); guitarist, Catfish Collins (66, cancer); writer, philosopher, Mary Anne Warren (88, unknown); Georgia goobernatorial candidate, Karen Handel (48, failed to convince 1,244 more voters she was less evil than Nathan Deal); HP CEO, Mark Hurd (53, complications from greed and sex-related hubris); hate radio host, Dr. Laura Schlessinger (63, fatal hemmoraging of the N word on air); the last US combat troops in Iraq (7, campaign promise); unimaginable numbers of aquatic creatures and birds, plus 80% of the oil that leaked into the Gulf from BP’s Macondo well (3 months, greed, negligence, inadequate regulation and political bribery).

Update, August 21, 2010:

  • Blago: Jurors report that there was only one holdout juror unconvinced of Blago’s guilt on most of the other charges.
  • Hottest Summer: Now heavy rains have devastated China and North Korea leaving 4,000 dead or missing, more than 50,000 displaced and ‘extremely dangerous” cracks have been found in the Three Gorges dam threatening hundreds of thousands.
  • Republican Fundraising: Politico reports the RNC now has only $5.5 million on hand for the midterm elections and $2.2 million in debt.
  • Jobs: For the week ending Aug. 14, new unemployment filings exceeded 500,000 – the worst job report since Nov. 2009.
  • Hope in Haiti: The Haiti electoral commission ruled yesterday that Wyclef Jean is ineligible to run for president .

What would Pat Robertson say?

Goldman SucksLet’s take a quick look at recent legislative initiatives and the relationship of opposition-killing news events:

  • Health care reform – dead in the house and frozen in the senate until Anthem/Blue Cross announces billions in earnings along with huge policy price increases and the tea party takes the Kennedy senate seat.
  • Wall Street reform – seemingly dead in the Senate, then record-breaking Wall Street profits, revelations of sinister-sounding, but all too routine conflicts and manipulation, then Goldman Sachs was indicted.
  • Immigration reform – no one thought this could get a breath of political air during this partisan election season, then along comes Arizona’s xenophobic immigration law.
  • Energy bill – not a hope in hell for Senate action this year and, boom, BP/Transocean’s Gulf oil platform explodes, drill-baby-drill turns to spill-baby-spill and the oil-version of Katrina makes landfall.

Acts of god? A conspiracy of the non-working liberal press? Greed and hubris metastasizing naturally? Or, is Rahm, just that good?

Fine Them Then Kill Them

Perp Walk Example

This week from the People’s Court in Shijiazhuang, China: in last fall’s milk cut with melamine case that killed six babies and made 300,000 sick – executives were ordered to pay multi-million dollar fines; three death sentences; two life-in-prisons; six terms of five to 15 years; and more cases pending (source: Bloomberg). The judge was not specific as to whether the sentences were a result of babies’ suffering or government embarrassment.

Let’s compare that to American justice in a similar case: the case of the greedy bankers and fund managers who conspired to water down the mother’s milk of main street with a toxic contamination that has resulted in death, hunger, sickness and government embarrassment around the world. I suggest we let the Chinese courts handle these cases. I know. I know. I know that we shouldn’t outsource precious jobs at the time when American attorneys have no real estate deals or junk-bond-funded mergers to close (if the Fed would pay the legal fees in bankruptcy cases, it would go a long way to solving the financial crisis in the legal system). But we-the-people desperately need someone we can blame to get their what’s-coming-to-them and restore our faith that sight has again been removed from the Bush days of “Justice-in-name-only” Department that couldn’t convict terrorists so we jail them for the next administration to deal with, allowed Ken Lay to die of natural causes, upheld Cheney vs. the rest of us, etc.

Eric Holder has yet to be confirmed and we desperately need our Skillings, our Kozlowskis, our Ebbers and our “Scooters.” Sure we have Bernie “Made-Off,” but the chances of his body parts being auctioned on eBay are almost nil. We cry out for justice. We need Nancy Grace to cover the Chinese perp walk of John Thain, no-Angelo Mozilo, Daniel Mudd, Franklin Raines, Richard Syron, John Mack, James Cayne, Richard Fuld, Martin Sullivan, Stan O’Neal, Kerry Killinger, Kennedy Thompson, Charles Prince (quick reference: CEO Crooks) and others in oversight and government way too long to list. We need to believe that justice will be done.

One last note of author’s privilege: I am and will always be anti-death penalty and anti-body-part-mining and don’t really believe we should outsource “justice,” but do imagine that as a society, we would feel better.