From Pine View Farm

June, 2010 archive

“How They Would Govern” 0

Via Steve Benen.

Aside: Fact Check dot org report:

Steele’s reference to “Main Street” was edited out. Frankly, I think that, as far as Republicans are concerned, Wall Street is synonymous the main street, but full disclosure and all that.

Share

The Fee Hand of the Market 0

Morgan Stanley settles with Massachusetts AG for facilitating dicey mortgages so it could in turn sell dicey (in)securities (emphasis added):

The deal, the first of its kind in the country with Morgan Stanley, followed an investigation by Coakley’s office into the firm for fueling subprime mortgages written by New Century Financial Corp., a large California lender that went bankrupt in 2007. She said Morgan Stanley knew that New Century was making predatory loans, but continued to provide the lender billions of mortgage dollars by buying the loans to turn them into securities.

Morgan Stanley “uncovered signals pretty early on that the lending practices of New Century were not sound,’’ Coakley said at a press conference yesterday. “Morgan Stanley knew they were making loans designed to fail.’’

Share

Another State Goes after U. S. Navy Vets Association 0

From the Roanoke Times, emphasis added:

Ohio Attorney General Richard Cordray said Thursday he has applied for temporary restraining orders to halt solicitations by U.S. Navy Vets, saying he has “every reason to believe this outfit is a phony outfit.” Cordray said the court orders are needed because U.S. Navy Vets did not comply with a cease-and-desist order his office issued last month. The requests were filed in two Ohio counties where U.S. Navy Vets has rented UPS mail drops to use as business addresses.

The Richmonder put up a post on U. N. Navy Vets’ political contributions and Attorney-General Cuccinelli. His phrasing is perhaps harsher than mine would be, but he points out a viewpoint I missed:

These political contributions came from money given to a (purported) charity to be used charitable work, not for political gifts.

Share

Driving While Brown 0

The hysteria spreads.

Underlying this is that modern Republicanism feeds on creating and exploiting fear.

Share

Tony Hayward Wants His Life Back (Updated) 0

So do did others.

Via Shaun Mullen.

Addendum:

Brendan (warning: language).

Share

“A Hot Time in the Old Town Tonight” 0

From the Guardian. Read the whole thing:

For decades, one of the main tools in the arsenal of those seeking to prevent actions to reduce emissions has been to declare the that the science is too uncertain to justify anything. To that end, folks like Fred Singer, Art Robinson, the Cato Institute and the ‘Friends’ of Science have periodically organised letters and petitions to indicate (or imply) that ‘very important scientists’ disagree with Kyoto, or the Earth Summit or Copenhagen or the IPCC (Intergovernmental Panel on Climate Change–ed.) etc. These are clearly attempts at ‘arguments from authority’, and like most such attempts, are fallacious and, indeed, misleading.

They are misleading because as anyone with any familiarity with the field knows, the basic consensus is almost universally accepted. That is, the planet is warming, that human activities are contributing to the greenhouse gases in the atmosphere (chiefly, but not exclusively CO2), that these changes are playing a big role in the current warming, and thus, further increases in the levels of GHGs (green-house gases–ed.) in the atmosphere are very likely to cause further warming which could have serious impacts.

Share

QOTD 0

Henry Ward Beecher, from the Quotemaster (subscribe here):

Doctrine is nothing but the skin of truth set up and stuffed.

Share

This Is Not Right 0

Apparently, British Airways considers every man to be a child molester.

The Revolutionary War was clearly justified.

Share

Delusions Illustrated 0

“Personally, I take every thing Glenn says on faith . . . because there’s never any evidence . . . .”

The Colbert Report Mon – Thurs 11:30pm / 10:30c
Yahweh or No Way – The Blues Brothers & Glenn Beck
www.colbertnation.com
Colbert Report Full Episodes Political Humor Fox News

Martin Luther King, Jr., is spinning in his grave.

Via TPM.

Share

Three Card Monte, Regency Style 0

Joel lays it out.

Since my mother depends on the Virginia Retirement System, I do not like to see it the subject of the old shell game.

Share

Have Cake, Eat It Too, Old MacDonald Dept. 0

They really do think that they should have it both ways.

Just to get this straight, I’m not against farm subsidies per se, as long as they go family farmers, rather than to Huge Corporate Oligopolies.

It’s the hypocrisy.

Share

We Need Single Payer 0

Zandar has the evidence.

Share

Color Coded 3

Michael Tomasky meditates on race and American political party identification in the light of recent Republican primary results in which a Sikh and an African American both won over white guys. A nugget:

Conservatives want to use these examples to say see, we’re not racists, and on the level of personal belief I suppose that’s completely fair up to a point. But then I think of the guy who called in when I was on C-SPAN who called Obama “a n—-r piece of–” before he got cut off. I’m not saying that guy is representative of conservatism. But he ain’t no lone wolf, either. This suggests that ideology trumps race, doesn’t it? If I’m a right-winger and I see Tim Scott, I see a brave man who has stood up to peer pressure and cultural pressure and declared his independence from a host of bromides. If I’m a right-winger and I see Barack Obama, I see someone I hate. Neither assessment is racial in the first instance, but in the latter case, Obama’s race becomes one more thing not to like about him.

Share

Nothing To Do, Nowhere To Go 0

Still over 450k:

Initial claims for state unemployment benefits dropped 19,000 to a seasonally adjusted 457,000 in the week ended June 19, the Labor Department said on Thursday.

The decline in claims was the largest since the week ended April 17. Analysts polled by Reuters had expected claims to fall to 460,000.

Separately, durable good orders excluding transportation rose 0.9 percent last month, the Commerce Department said. However, overall durable goods orders fell 1.1 percent, the first decline in six months, dragged down by the volatile aircraft component.

Share

Signs of the Apocalypse 0

LCD signs seem to have made much greater inroads here than in the Greater Philadelphia Co-Prosperity Sphere. Up there, I remember some LCD billboards along I-95 south of the Philadelphia Airport, but I did not see them at schools and churches. Furthermore, the billboards would rotate among several advertisements, but each ad would be a static display, except possibly for a temperature display.

These sign down here are more animated than a Pixar movie, with dancing text, fade-in-fade-out, graphics, and pictures. (Probably look good on the computer screen when they are composed and allow the persons who program the signs to think they have l33t hax0rz sk1lz, but from the road they are really uglificated.)

Schools and churches and some businesses have them and more businesses want them. More to the point, the people who sell them want to sell more of them, until Atlantic Avenue looks like the Lost Wages strip.

Personally, I find them obnoxious, ugly, and distracting from my driving. (A church with an LCD sign is a church whose door I shan’t darken.)

So, when Virginia Beach restricted them, I did not regret it, though I didn’t feel strongly enough to, say, write a letter about it to a council critter.

I would still prefer that they went away, but, on reflection, I think Joel has a fairer idea.

If a business can afford an LCD sign, let them get an LCD sign. A less invasive ordinance would have been to regulate the size, height, brightness, etc. of the signs. Let’s keep the signs from being too big and too bright, but let’s allow businesses to take advantage of new technology in advertising.

Especially the brightness.

(The local rag says garden clubs were responsible for the ban.)

Share

Spill Here, Spill Now, Downspout Dept. (Updated) 1

Via Seeing the Forest.

Addendum:

Skepticism.

Share

QOTD 0

Paul Buchheit:

To anyone who cries socialism at the first hint of taxes, do you want to accept a system that says a person making a clever bet on the market is 50,000 times more valuable than the person who comes rushing to your house in an emergency?

Or 50,000 times cleverer?

Share

McGuire Sisters 1

I remember hearing them on the Arthur Godfrey Show:

Share

Without Debate 0

Ask and ye shall receive:

The City Council has agreed to lease developer Bruce Thompson more parking spaces in the 31st Street garage so he can build a hotel on the site of a BP gas station.

The City Council on Tuesday didn’t debate the issue and the discussion lasted less than 15 minutes, but the 6-5 vote indicated how controversial leasing these public spaces has been behind-the-scenes.

(snip)

The city built the garage for the Hilton in a public-private partnership with Thompson.

The rate the Beach will charge Thompson is less than the $1,080 a year that the city markets for a reserved space and lower than the $1,275 annual fee the Beach’s parking staff initially recommended.

As I mentioned last week, the speed of this sort of gives me the creeps.

Share

Stupid Car Tricks 0

Final: Jeep one, building zero.

And, in the second match, SUV one, cobbler shop zero.

Share