"What's the difference between truth and fiction? Fiction has to make sense." -- Attributed to Mark Twain
Sunday, July 31, 2011
Government Follies Post #3
It seems like every professional sports team pulls this stunt, or tries to, at some point. Why do these multimillionaires think the public is supposed to build them a place of business? Do you ever hear of Walmart threatening to relocate one of their stores because the local government won't provide a new building for their business? If Charles Wang wants a new stadium, he should build one. Period.
Government Follies Post #2
Earlier tonight I saw some talking-head show where one of the Tea Party rookies naturally said, "Hey, it wasn't us, it was the oldsters who've been there 30 years who made this mess." And yeah, he was right. The underlying mess wasn't created by the Tea Party rookies. But if everybody stuck to their guns, with no chance for compromise, millions of people who did all the things they were supposed to do, and contributed to the Social Security kitty all those years, would have been told, "Sorry, we can't pay you." And the military members who the Tea Party people seem to think they emulate would have gone unpaid also.
Of course, it's not really over just yet. Everybody still has to vote, and let's face it, little bits of the crisis they're supposed to be trying to prevent will still come to be. The US economy, and the US government itself, will not stop on a dime. It's more like one of those oil supertankers that need thousands of feet to make even the smallest course changes.
And, for what it's worth. a balanced budget is mandatory. There's no way it can just be pushed aside. But adding a constitutional amendment saying the budget must be balanced cheapens the Constitution. You don't have to add an amendment in order to do it. Just... do it.
Mass T-RANT-sit (Government Follies Post #1)
Yeah, I know, I didn't have to wait until I had only one ride left to recharge. But that's beside the point... ;-)
Friday, July 10, 2009
Clowns Packing Up Albany Circus?
So it's beginning to look and sound like the circus (Bungling Brothers/Empire State Circus) that's been preoccupying the New York State Senate for the past five weeks has finally run its course, with the renegade Democrats Hiram Momserrate Jr. and Pedro Espada finally settling down and dancing with what brung 'em, as the saying goes. Espada has been making a pitiful attempt to frame this as something other than a power play. But he went from an apparently unhappy Democratic senator voting Democratic, to a Democratic senator voting Republican and being appointed Senate Majority Leader by the Republicans, to voting Democratic and being appointed Senate Majority Leader by the Democrats. It's bad enough that he's deluded enough to be clearly unfit for public office, but does he really think anyone else outside of Albany (and Syracuse, where deluded billionaire Tom Golisano lives) shares his delusion?
I say fire all of 'em. Monserrate, Espada, Dean Skelos, everyone who was part of this plot that paralyzed government and cost the state, counties, and municipal governments millions and millions of dollars, while they argued over whose (majority) was bigger. But, of course, they can't just be fired, since they were elected. But they can be denied the opportunity of being rehired (re-elected) when the next terms come up. The people these miscreants represent should make it clear that they shouldn't even waste their time thinking about running for re-election.
But that's not all.
I say, total up the apparent losses to all the affected jurisdictions, and make them pay. Better yet, since billionaire Tom Golisano has nothing better to do with his time than muck up government for his own amusement by instigating political coups, prosecute him for obstruction of government services and make him foot the bill. He has the money, and if the forces lined up against him (there are almost 20 million people in New York State) exert enough pressure, he'll have no choice but to pay up and, in the future, mind his own business and stop using the state government as his own personal sandbox to play with as he pleases.
Them's my two cents...
Tuesday, April 14, 2009
Richest Man in Gotham: Mayor Mike
For example, when Silvio Berlusconi was first elected prime minister of Italy, he was already the country's richest man. But Italy is probably a special case; it has never really coalesced since its consolidation as one country back in the 1870s, as evidenced in its parade of governments since the abolishment of the kingdom after World War II. Italian leaders can see their coalition fail because the PM sneezed without covering his mouth or used the wrong fork at a state dinner.
Then we come to Mike Bloomberg, mayor of New York City. He was already a billionaire when he was first elected, so in order to not threaten his holdings in Bloomberg LP he agreed to take a salary of $1 a year. Immediately I began to figure that NYC residents should only expect a dollar's worth of governance. But my assessment looks like it might have been wrong, at least in the beginning. He actually turned out to be, if not a great mayor, at least pretty good at seeing issues that need to be addressed and actually doing something about them. I guess years of experience as a CEO, rather than as a politician, will do that for a guy.
But it also seems me that years of being a billionaire CEO has distanced him from the common people. He can come across as very callous when speaking of the difficulties that working people might have with his policies.
Now it comes out in Forbes magazine's latest poll of the richest Americans that, apparently, Bloomberg is now the richest man in NYC and the eighth richest in the US. In fact, he is now one of the twenty richest people in the world. Not just New York City, or New York State, or even the United States. The world. But during 2008, when the bottom was falling out of the housing market, the credit market, and the financial sector, leading to people losing their jobs and companies closing down in all kinds of industries, what was Bloomberg doing?
He was busy working on a way to get around term limits, which the people of New York City had voted to keep in place. Twice. And now he's busy slashing the budget on services that New Yorkers need. Where's the concern for the people who put him into office? Where's the common touch? You would think he would at least be a little concerned how it looks when the richest man around is playing Scrooge with the public's money while swimming in his own.
It's pointed out in the comments to the first article referred to above that "if Bloomberg were to give each New Yorker $1000 out of his own personal coffers, he would still have $10 billion left." Not that anyone is seriously expecting the mayor of New York City to start bailing out ailing New Yorkers from his own huge stash of cash, but then he did say that, when he left office, he was going into philanthropy. (Oh yeah, but that was back when we thought he was going to honor the people's wishes and go away after his duly elected terms were up...)
Disclosure: I am not a resident of New York City, but of neighboring Westchester County. I am also not running for office anywhere, or giving support to anyone running. I just had to put this out there.
Sunday, March 15, 2009
MORE Bonuses for AIG?!
The federal government (that is, We the People) owns 80% of AIG...
AIG is in the process of doling out $165 million in more bonuses...
And, according to the Treasury Department, nothing can be done about it?

That's ridiculous. AIG got over $100 billion in federal bailout funds. That means the people charged with managing the company did not do a good job, by any measure. Bonuses are supposed to be a reward for doing a good job. So, why are these people getting bonuses? More to the point, why is AIG getting federal money?
I say, cut off the bonuses, and let it be known that that's just the way it is. If these people want their bonuses that bad, well, since AIG (standing in for We the People) claims to be contractually bound, make the execs sue the government for the money. Such a lawsuit is bound to be covered as much as possible by the media. Maybe the extra scrutiny is all that's needed to make them fall back and make do with the millions they've already been paid.
AIG also says they'll "work on reducing bonuses in future years by 30%," but they can and should be made to do better than that. As long as the government has a stake in the company, in fact, there should be no bonuses. Make that their motivation for getting the company back on the right track.
To be fair, AIG did not fall into such a deep hole only because of the stupid bets they made with their policyholders' money -- the hole got deeper after AIG started falling, but the company itself dug the original hole. AIG insures the banks and financial service companies that all fell so hard throughout 2008, so they would have landed hard no matter what. AIG is also one of the companies that has to cover the loss for airlines whenever a plane goes down. AIG actually insures ("reinsures") insurance companies. But they wound up falling into the hole in the first place, not because of any of that, but because they violated a cardinal rule of the insurance business: do not risk policyholders' money. When an insurance company begins making high-risk investments in the same mad grab for cash that endangered Wall Street, well, we've all seen the result. In this case, it means the government winds up owning 80% of what should by most accounts have been a private company gone bust. After all, AIG may be a huge company, but it's not the only reinsurer. If it had gone under, there are plenty of insurers that could have taken up the slack. The interim would have been quite bumpy for the policy holders, particularly for the airlines (at least it seems that way for me). Watching such a big company go bust, though, would have sent a message to other companies -- namely, that they shouldn't think they're somehow entitled to a bailout from the Feds. Now, of course, because of all the money that's been handed out, there's that much more anger from the public, because the fat cats have been bailed out but the general public, the ones who are out of work and competing with millions more people for the few jobs available, are only getting crumbs.
And then Dick Cheney goes on TV and says that the Bush administration shouldn't be blamed for the mess "that was handed to the Obama administration." Well, who handed it to them? And who made the policies that created the mess? Cheney also said that the previous administration "achieved all its goals in the campaign in Iraq." Well, that can be true only if its goals included enriching Cheney's friends in the military-industrial complex, companies like Halliburton, and Bechtel, and of course the oil companies that are making billion-dollar deals in Iraqi Kurdistan (I'll add the link when I find the Forbes.com article).
Monday, February 09, 2009
Naming Rights vs. Bailout
Mets' chief operating officer Jeff Wilpon says Citibank is right in continuing to pay the money. Of course he says that, he and his team are getting those millions. But I can't help thinking that his perspective is corrupted by the estimated half-billion dollars that the Mets' parent company, Sterling Equities, is rumored to have lost in the Bernie Madoff scandal.
It looks to me like the Feds are paying Citibank to replace what the Mets lost to Madoff. Pretty good deal, if you can arrange it...
Wednesday, February 04, 2009
Interesting quote for the day...
It is useless to hold a person to anything he says while he's in love, drunk, or running for office.
Tuesday, March 25, 2008
Hookers and Cheaters and Britney, Oh My!
Spitzer and Paterson
By now everyone on the planet knows about former New York State governor Eliot Spitzer and his foolishness with high-priced prostitutes and with money-laundering, both on his own end (moving money between accounts to avoid triggering bank secrecy procedures) and in his dealings with the escort service that got him busted (paying a shell company that was under surveillance). He is both a former prosecutor and a former state attorney general, so I think it's fair to say that he couldn't possibly have been any dumber in how he went about his business.
All concerned parties in Albany breathed a sigh of relief at the prospect of dealing with the incoming governor, Spitzer's lieutenant governor David Paterson. But now it's come out that Paterson and his wife have both had affairs in the not-so-distant past. Since he came out with it -- actually they both admitted to having cheated -- it shouldn't really be a major issue, though of course the media is going to milk every drop of coverage they can wring out of it. A greater issue, maybe, is that he misused campaign funds at various times, usually reimbursing the payments later. So what? What politician hasn't dipped into the till and then repaid it later? The crime, when there is one, is using taxpayer funds, or campaign funds, for personal things and then not reporting or repaying. But, as was pointed out today, there are probably plenty of people not at all happy that the man at the top of New York State's government is black. If they can find something, anything, that might discredit him, they could consider it worth their while to fling it at him and see what happens.
That includes today's page 5 article in the New York Daily News on Paterson's past experiments with drugs. There were "whispers" circulating Albany about his past drug use, so he admitted to having used marijuana and cocaine a few times. This was in the 70s, when he was in his early 20s. The man is 53 now. Let it rest.
Or would those same folks rather have to deal with... Governor Joe Bruno, with the potential to be the Republican version of the Democrat "bulldog" Spitzer?
And on top of all this, it now comes out that some political sleazebag (his own self-description) named Stone now claims that he was the one that tipped the Feds off to Spitzer's wrongdoing while he was being paid consultant's fees of $20K a month by Bruno and other Republicans. But -- get this -- Stone claims also that, although Spitzer was in the middle of a smear campaign against Bruno, he
did not tell Bruno about the Spitzer dirt he mailed off to the Feds.
And this is someone with no sense of loyalty (but what sleazebag is ever loyal?) -- he hates Bruno's top aide so much that, even though he considers Bruno his mentor, he'd "happily" bring Bruno down if that's what it takes to put the aide out of the picture.
And they call "Kristin" a whore...
(Except for this line, I don't think Detroit Mayor Kwame Kilpatrick deserves even a mention here. "Liar liar," etc.)
Get Your Britney Fix Here
I'm not one to join the Britney Spears media pileon, especially since I'm NOT member of the media, but it's interesting that Britney decided to start her "artistic reputation rehab," as NY Daily News entertainment writer David Hinkley puts it, by taking a cameo role in a sitcom. In this case, "How I Met Your Mother." I've never watched the show, and didn't get a chance to see it last night, but by all accounts she did good. Let's see what happens next...
Wednesday, October 17, 2007
Bush, Cheney, Obama: ALL RELATED?!
Bush and Obama have a common ancestor.
Cheney and Obama have a common ancestor.
Bush and Cheney have a common ancestor.
Each of the common ancestors is a different person -- none is common to all three.
So far, though, no sign of any of the three being related to any of the Clintons…
Go figure.
Friday, October 12, 2007
Odds and ends for today
I subscribe to Wikipedia’s Featured Article of the Day by mail, and today’s article is Intelligent Design. This is basically a way for religious-minded individuals to frame “creation” in a way to hopefully get around the objections of those who reject creation accounts on “scientific” grounds.
Personally, I don’t see the supposed disconnect between religion and science. After all, the root meaning of the English word “science” is “knowledge.” Wikipedia’s article on science defines it as follows:
“Science (from the Latin scientia, 'knowledge'), in the broadest sense, refers to any systematic knowledge or practice.[1] In a more restricted sense, science refers to a system of acquiring knowledge based on the scientific method, as well as to the organized body of knowledge gained through such research.”
In other words, science is what is known. The fact that a particular group of scientists don’t know, for example, how the earth was created, doesn’t make the method used any less scientific. It just means that they don’t know or cannot reproduce the method. Many times arguments against creation accounts are no more than the egos of the objectors acting out.
World Trade Bomber has a change of faith
According to reports in today’s edition of the New York Daily News, convicted terrorist Ramzi Yousef, who detonated the truck bomb that destroyed a basement garage in the World Trade Center in 1993, has abandoned Islam and is now a Christian convert.
The report states that he has stopped reading the Koran, shaved his beard, and even eats pork.
I’m sure that there are conspiracy theorists claiming that he’s putting on a show in hopes of getting some kind of early release from prison (which could never happen in a post 9/11 world, especially since he’s serving a life sentence). But, in fact, even a discussion of changing religions could get someone killed by fundamentalist Muslims, to say nothing of eating pork. So I’d have to say this is real. And if it is real, he’d best hope that he never gets out of prison. Because if he did, he could never be at ease – besides those who would be willing to hunt him down over the bombing, there would be people who consider his “conversion” as blasphemy.
Kid Singers in NYC? OK. But Baby Races?
A ten-month-old baby was just crowned “fastest crawler” at a “Baby Derby” in Union Square, in New York City. He competed against seven other babies in crawling along a ten-foot-long course, sponsored by Babies “R” Us as a trial run for races to be held this weekend at the American Baby Faire (?!) in Long Island’s Nassau Coliseum.
Maybe I’m overreacting, but this seems just a little bit exploitive… but then somebody thought the same thing about 17-year-old American Idol winner Jordin Sparks and fellow contestant Sanjaya Malakar, who turned 18 just after the performing the New York shows on this years American Idol tour. The organizers got hit with fines after a clerk at the NYS Labor Department took note of the fact that Jordin and Sanjaya, both featured performers, were under 18. She did some digging, and turned the info over to investigators who then found that the company that organized the tour didn’t have the correct permits filed for using underage performers.
I know that laws and standards exist for a reason, but there is a huge difference between teen performers who have parents, managers, and so on with them to monitor them and make sure they’re not being exploited or overworked, and kids enslaved in some sweatshop making sneakers or pocketbooks for pennies an hour. It was “only” a $5,000 fine, though, so they didn’t get too carried away, but I still think it probably should have been let go.
Tuesday, October 09, 2007
Fred Thompson needs to do his homework
Thursday, November 02, 2006
If Charles Barkley Were President
If Sir Charles Were US President
It just occurred to me that if "Sir" Charles Barkley were to become president, we'd have to call him "Lord President."
NOT!! :-)