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Tuesday, January 6
Ex-Judge Won't Drop $54M Pants Lawsuit
by
Roland, the Gunslinger
on Tue 06 Jan 2009 10:06 PM EST
A former judge who unsuccessfully sued his dry cleaners for $54 million over a lost pair of pants isn't giving up. Roy Pearson has filed a petition with the D.C. Court of Appeals, requesting the case be reheard - this time by a nine-judge panel. Pearson claimed Custom Cleaners failed to live up to its promise of ''Satisfaction Guaranteed.'' More>>>
PRUDEN: The dirty joke from Minnesota
by
Roland, the Gunslinger
on Tue 06 Jan 2009 05:50 PM EST
A lot of the venal sins of Congress could be judged pornographic, both politically and otherwise, but we've never had an Official Senate Pornographer before. Sen. Chuck Schumer says Al Franken will fit right in. "With the Minnesota recount complete," he says, gleefully, "it is now clear that Al Franken won the election." Actually, it isn't clear at all, as Mr. Schumer well knows, even though the Democrats managing the recount declared Mr. Franken the winner yesterday. The Democrats in the Senate are eager to get Al seated quickly because once he's seated among equals a bum is difficult to throw out. There's honor among senators, similar to the honor among thieves. (The difference is that thieves often hold to higher standards.) More>>>
'Trillion-Dollar Deficits for Years to Come'
by
Roland, the Gunslinger
on Tue 06 Jan 2009 05:35 PM EST
President-elect Barack Obama predicted Tuesday that the nation could see ''trillion-dollar deficits for years to come,'' but said the country needs to continue spending taxpayer dollars to get the economy back on track. Obama, speaking to reporters at his Washington transition office, said he didn't want to get into specific budget numbers because his proposal is still being worked out with lawmakers More>>>
Bank Of England Policymaker Predicts Unprecedented Dollar Collapse
by
Roland, the Gunslinger
on Tue 06 Jan 2009 05:29 PM EST
Willem Buiter, who served the BOE from June 1997 to May 2000, has stated that he expects to see the plug pulled from under the dollar as foreign investors turn away from the dollar and other US backed assets including government bonds. Writing for the Financial Times, Buiter, now a Professor with the London School of Economics European Institute, comments: “There will, before long (my best guess is between two and five years from now) be a global dumping of US dollar assets, including US government assets. Old habits die hard. The US dollar and US Treasury bills and bonds are still viewed as a safe haven by many. But learning takes place.” Buiter, who has previously advised the World Bank, the IMF and the European Commission, points out that the dollar has managed to stay afloat due to the misguided notion that the US can make more capital on overseas investments and interests than foreign investors can make on US assets - a hypothesis that economists have referred to as “American alpha”. However, he believes the global financial crisis has exposed the fatal flaws in that assumption....Prof Buiter writes. “Even the most hard-nosed, Guantanamo Bay-indifferent potential foreign investor in the US must recognise that its financial system has collapsed.” More>>>
Obama’s Revolutionary “Vision”
by
Roland, the Gunslinger
on Tue 06 Jan 2009 05:09 PM EST
On the Fox News program “Hannity & Colmes” in December, analyst Dick Morris made the absolutely critical point that President Bush has taken the country so far to the left, in terms of his socialist-style Wall Street bailout program and his integration of the U.S. economy into a new emerging international financial order, that anything Barack Obama does in this area seems almost mainstream. This is because what we were expecting from Obama we are now getting from Bush. So Obama doesn’t look so radical anymore. This point must be understood in order to have an appreciation of the “moderation” of the new Obama Administration. Interestingly, some of Obama’s strongest “progressive” supporters are being brutally honest about what is happening. On the Rag Blog website, former Weather Underground terrorist Mark Rudd defended the “conservative appointments” of the President-elect and said that they are part of a deliberate strategy to “feint to the right” and “move left.” He explained, “Any other strategy invites sure defeat.” More>>>
Trans-Texas Corridor, in name anyway, is dead in the water
by
Roland, the Gunslinger
on Tue 06 Jan 2009 03:16 PM EST
The TTC, a four thousand mile, 1200 feet wide behemoth of rail and roadway, is apparently dead in name only. A somewhat less ambitious 600 feet wide corridor, built in chunks seemingly making it a more elusive political target, is still planned. FTA: A spokesman for his likely opponent in the 2010 gubernatorial election, U.S. Sen. Kay Bailey Hutchison, said that in fact the name isn’t the problem but rather the cross-state tollways associated with it and the rural land that would be needed to build them. “When citizens pointed out the flaws in his original corridor idea, specifically trampling private property rights, the Perry administration responded with condescension and arrogance,” said Todd Olson, an Austin-based spokesman for Hutchison’s gubernatorial exploratory committee. “It wasn’t about a name.” More>>>
Sold-out movie thwarts Bidens
by
Roland, the Gunslinger
on Tue 06 Jan 2009 03:08 PM EST
A few minutes later, she said, the Bidens came into the lobby. Jill Biden walked up to speak with Muhamut while Joe stood nearby. "She was asking me about other shows, but they really wanted to see 'Benjamin Button,' " Muhamut said. "He was maybe five feet away, looking at her. He was standing with his other Secret Service men." Remarkably, none of the other moviegoers appeared to notice. Employees said nobody mobbed Biden or called his name or asked for an autograph. "It didn't seem many people recognized him," said employee Becky Gingrich, 21. "Honestly, I think people were just too wrapped up in themselves to notice." More>>>
What Disappearing Sea Ice?
by
Roland, the Gunslinger
on Tue 06 Jan 2009 04:24 AM EST
Despite the mountains of contrary evidence, concerns over disappearing sea ice and the unfounded position that the North Pole could melt entirely in 2008, pushed U.S. government bureaucrats to officially list the polar bear as an endangered species in May of 2008. And then guess what happened.... More>>>
New blast at British Columbia pipeline
by
Roland, the Gunslinger
on Tue 06 Jan 2009 12:24 AM EST
Vancouver - Another explosion has targeted an EnCana natural gas facility in northeastern British Columbia. RCMP say EnCana gas line workers discovered a partially destroyed metering shed on Sunday at a wellhead near the community of Tomslake. Police say this appears to be a deliberate attack, similar to three other blasts in October...The explosions were preceded by a letter that called oil and gas companies, and EnCana in particular, ''terrorists'' and demanded an immediate halt to operations More>>>
NYT's Cohen: Dangers of the Penn
by
Roland, the Gunslinger
on Tue 06 Jan 2009 12:09 AM EST
Penn is a poor writer, as rambling as a journalist as he is disciplined as an actor. A gift for detachment is as important to the journalist as a gift for empathy is to the actor. Penn has only the latter...When I read the piece, I’d just returned from Cuba, where among the more prominent of Raúl’s reforms has been allowing Cubans into hotels for the first time (seriously!) and granting them access to cellphones costing six times their monthly salary. Penn, by the way, traveled to Cuba from Hugo Chávez’s Venezuela on a plane loaned by the Venezuelan Ministry of Energy and Petroleum. But, says Penn, that’s like a “journalist flying on Air Force One.” He’s apparently unaware that journalists on the U.S. presidential plane pay commercial rates. But I don’t want to quibble. Penn’s not the first leftist star seduced by revolution despite dictatorship: Simone Signoret and Yves Montand touring Eastern Europe after the Soviet bludgeoning of Hungary in 1956 comes to mind. The French left had a very hard time getting Stalin in focus, just as part of the Euro-American left cannot free itself of Castro worship. Lenin’s “useful idiots” still abound. More>>> |
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