From Pine View Farm

June, 2010 archive

They Get Regular Paychecks Already 0

Not Larry Sabato reports.

Share

New Developments 1

Some years ago, while waiting for a connection in Las Vegas, I started chatting with another fellow who was looking out the same window of the waiting area watching the planes move around.

We discovered that we were both from the same area and introduced ourselves. I recognized his name and said, “I voted for you! Twice!”

He had succeeded a county executive whose term in office was notable for petty influence-peddling and incompetence and had served the two terms allowed him. I thanked him for his part in cleaning up the mess.

He said to me (this is from memory, but it’s pretty close),

I had one rule. I never met with a developer unless the country attorney or the head of the country zoning board was with me.

Think about it.

When something goes wrong in local government, it almost always involves real estate. . . .

I know nothing about the facts of this proposal except what’s in the newspaper story at the link, but recalling that conversation makes think about the first line of the 59th Street Bridge Song.

Share

Leprechauns in Louisiana? 0

BP seems to think so (emphasis added):

BP Chairman Carl-Henric Svanberg told reporters in Washington: “I hear comments sometimes that large oil companies are greedy companies or don’t care, but that is not the case with BP. We care about the small people.”

The Times-Picayune tries to cut him some slack:

Svanberg is Swedish, and his comments may have been an unintentional slight.

Er, yeah.

Share

Hiding Their Frights under a Bushel 0

From TPM:

It’s no accident or coincidence that Republicans in Washington are trying to shield Senate candidates Rand Paul and Sharron Angle from the national, and even local, press.

Remember the GOP establishment didn’t want these far-right, insurgent candidates in the first place, and now Republicans fear that in the year of the tea party, Paul and Angle could become the face of the party for the midterm elections. That could present an image to voters that screams radical more than it does electable.

According to the story, Paul is now asking reporters to submit questions in writing, and Angle is being “staffed up and prepared” before meeting Republicans, I guess the way that Sarah Palin was prepped for her interview wit Katie Couric.

Share

Where Obama Disappoints 0

The Daily Show With Jon Stewart Mon – Thurs 11p / 10c
Respect My Authoritah
www.thedailyshow.com
Daily Show Full Episodes Political Humor Tea Party

Via Hanlon’s Razor.

Share

Suiting Up 0

Bloomberg reports that the lawsuits against Buccaneer Petroleum are starting. I must admit that suing the board of directors under civil racketeering statutes is a creative touch (emphasis added):

In addition to scores of claims brought in five states along the Gulf shore, coastal businesses and property owners in Georgia and South Carolina have sued for damages from the drifting oil, which has yet to round the southern tip of Florida and enter the Atlantic Ocean.

Investors in three states, including Louisiana and Alaska, have sued BP’s board of directors for allegedly causing more than $50 billion in shareholder losses by failing to implement safety policies that would have prevented the spill. In a separate class-action lawsuit in Florida, the company is accused of “a pattern” of criminal acts including fraud. That suit seeks triple damages under federal civil racketeering law.

Share

War Gamers 0

Thoreau hears the war mongers mongering war with Iran with other persons’ children once more, because Afghanistan and the Great and Glorious Patriotic War for a Lie in Iraq have worked out so well.

A nugget:

The great thing about being a hawk is that if the people you wish to attack are rational and self-interested you can argue in favor of attacking them because they aren’t crazy enough to, say, fight back. Conversely, if they aren’t rational and self-interested you must attack them because they might attack you.

Of course, the fact that they are rational and self-interested apparently doesn’t mean that we should try anything drastic like, say, negotiating.

Share

Cat Toy 0

When I opened the video, my friend asked whether an iPad can keep your coffee warm. (She also suggests that Iggy is declawed.)

Via Scientific Blogging.

Share

“An Armed Society Is a Polite Society” 0

Six-packs optional:

A General District Court judge convicted a bank assistant vice president Tuesday on charges of recklessly handling a firearm and public intoxication during a dispute over a downtown parking space.

Scott P. Ferguson, 34, was accused of pointing a shotgun at a man after he stopped in a metered parking space along the street near Ferguson’s home in the 400 block of E. Freemason St.

According to the write-up, Mr. Ferguson seemed to think that the “metered” (that is, public) parking space was his wife’s personal property and that he was defending it from rustlers.

Share

The President’s Address 0

Excerpt:

Tomorrow, I will meet with the chairman of BP and inform him that he is to set aside whatever resources are required to compensate the workers and business owners who have been harmed as a result of his company’s recklessness. And this fund will not be controlled by BP. In order to ensure that all legitimate claims are paid out in a fair and timely manner, the account must and will be administered by an independent third party.

We shall see how cooperative Buccaneer Petroleum turns out to be. I have little faith that they deal in good faith.

If Buccaneer Petroleum dealt in good faith, this would not have happened.

Whatever other lessons can be drawn from this, the first one is that the free hand of the market is actually the dead hand of the market. It deals death.

Corporate rapine is not the answer, no matter what the question.

Share

“I’ll Take Manhattan, the Bronx, and Staten Island, Too” 0

Dick Destiny on the uses and misuses of “Manhattan Project.”

Share

The Galt and The Lamers 0

Andrew Sullivan on neocons: All theory, no reality.

This rather echoes what I said about Libertarians regarding allegiance to theory over facts.

As much as I am irritated over Sullivan’s worryworting over deficits, his tendency to get distracted by “entitlement” spending when the bloat is in military spending, and his obsession with Sarah Palin’s progeny, I commonly find his analyses of political movements (at least those of which he is not part) to be quite acute.

Share

Stupid Car Tricks Get My Her Goat 0

Not DUI. All the seats in the passenger compartment were taken:

(Sheriif’s Deputy–ed.) Key asked the driver, Fiona Enderby, 32, what was in the trunk.

A goat, Enderby told her.

And that’s what Key found when the lid was opened. The animal, a male of unknown age, had its legs tied and was panting heavily. The temperature in the compartment — tested about 10 minutes after the trunk was opened — reached 94 degrees, according to a news release issued Monday by the Bedford County Sheriff’s Office. It was unclear how long the goat had been in there.

Share

Ex-Rated Agencies 0

The ratings agencies told investors that all those hinky CDOs and mortgage-backed insecurities were A-double-OK. They were complicit in Wall Street’s successfully convincing investors to buy bags of air.

That house needs to be cleaned, but the House of Representatives is considering eliminating the Franken amendment:

The measure, introduced by Minnesota Democrat Sen. Al Franken and approved by the Senate in May, would create a clearinghouse intermediary to assign credit raters for banks’ structured finance securities. It would have the Securities and Exchange Commission set up a credit-rating agency board, made up mostly of institutional investors, that would pick credit raters for a packaged securities such as mortgage securities issued by a financial institutions.

Franken is seeking to limit conflicts in the existing system, where an institution pays for its rating, and at times, shops for the best rating it can get for the lowest price.

However, late Monday, House leaders, including House Financial Services Committee Chairman Barney Frank, Democrat from Massachusetts, put together an offer to the Senate that would strike that measure and replace it with a House provision that would have the SEC conduct a one-year study to evaluate whether such a board would work and present to Congress recommendations for regulatory or statutory change.

“Long-term studies” and “blue ribbon commissions” are where legislative proposals are sent to die.

My letter to my elected representatives incongruously assembled goes out today.

Share

Spill Here, Spill Now, Christmas Story Dept. 0

If BP’s flacks had a bb gun, they would shoot their eyes out.

They must sit around in a room and brainstorm ideas about how to make the company look bad, badder, baddest.

Via Mithras.

Share

Smartphone Spies 0

MarketWatch reports:

Share

A European Import Worth Considering 0

Bloomberg:

Bankers’ bonuses should be capped at 50 percent of their salary, lawmakers on a European Parliament committee said, as they voted on tougher capital and pay rules for banks.

Directors at banks that received public funds would also have their salaries capped at 500,000 euros ($613,000), and at least 40 percent of any bonus would be deferred for five years, under the measures approved by the assembly’s Economic and Monetary Affairs Committee in Strasbourg, France yesterday.

Share

QOTD 0

Harriet Beecher Stowe, from the Quotemaster:

To do common things perfectly is far better worth our endeavor than to do uncommon things respectably.

Share

New Sources of Energy 0

Andy Borowitz reports:

In what is being called a game-changer for the embattled oil company, British Petroleum announced today that it has developed a new technology to convert lies into energy.

At a press conference at corporate headquarters in London, BP CEO Tony Hayward said that environmentalists would embrace the new technology “because lies are a totally renewable resource.”

It’s not British Petroleum. It’s Bullshit Petroleum.

Read more »

Share

Dirty Bomb FUD 0

Armchair Generalist on Jeremy Hilary Boob PhD, White House Version.

Share