18

May

by Moonage

I have decided to take this blog in a different direction.  My original intent was to have various authors in the field contribute their thoughts on events occurring in the economic world.  That hasn’t panned out to my satisfaction.  What I’d like to do now is take this in the direction of the lay person’s opinions on what I see occurring in the economic world.  There probably won’t be any major breakthroughs here, but, the intent is that maybe some people in the economic world can see things from the other side.

I would love thoughts and contributions from those in the economic field as this thing evolves.

When senior Stephanie Ramey tried to sign up online for Math 243 Calculus for Business and Social Science for spring term she was denied access and informed she would have to contact the class professor.

The professor asked her to contact the Office of Multicultural Academic Support about enrolling in his class.

A staff member at the office said she couldn’t register for the class because she doesn’t identify as a minority, Ramey said.

I’m sure at that point the staff member pointed Ms. Ramey in the direction of the multi-culturally impaired. It was the door with the sign that read "Whites Only".

( Thanks to Rigoletto for the initial story. )

17

May

by Moonage

From Powerline blog:

At yesterday’s recognition ceremony for newly minted Columbia Business School MBAs, we had the president/CFO of PepsiCo as our distinguished guest speaker. After beginning her speech with words of praise and recognition for the graduates and their families, Ms. Indra Nooyi began to make the political statement du jour. After talking of her childhood back in India, Ms. Nooyi began to compare the world and its five major continents (excl. Antarctica and Australia) to the human hand. First was Africa – the pinky finger – small and somewhat insignificant but when hurt, the entire hand hurt with it. Next was Asia – the thumb – strong and powerful, yearning to become a bigger player on the world stage. Third was Europe – the index finger – pointing the way. Fourth was South America – the ring finger – the finger which symbolizes love and sensualness. Finally, the US (not Canada mind you) – yes, you guessed it – the middle finger. She then launched into a diatribe about how the US is seen as the middle finger to the rest of the world. The rest of the world sees us as an overbearing, insensitive and disrespectful nation that gives the middle finger to the rest of the world. According to Ms. Nooyi, we cause the other finger nations to cower under our presence. But it is our responsibility, she continues, to change the current state of world opinion of the US. It is our responsibility to make the other fingers rise in unison with us as we move forward. She then goes on to give a personal anecdote about some disrespectful US business women in an Asian country and how that is typical of Americans overseas. No talk of what the US has done for the world throughout its history. No discussion about the ills that have been cured and the rights that have been wronged by the US. Just how wrong we are for the way we are perceived and how right they are in their own perceptions of the United States.

I honestly won’t totally disagree with Ms. Nooyi’s assessment. If all the fingers were exactly the same, the hand wouldn’t function that well now would it? That "pointer" Ms. Nooyi refers to is actually the nose picker, it usually stinks. The pinkie never hurts because it’s almost never used. The ring finger is the finger that signals to the world you’re beholden to someone else. We prefer freedom. The thumb is the one that gets hurt the most. It dangles aimlessly off to the side and doesn’t function quite the way the rest of the fingers do. I’m fine being the middle finger. It gets all the pussy while the other fingers just sit and watch.

17

May

by Moonage

Thanks to Michelle Malkin for this interesting tidbit:

Howard Dean, chairman of the Democratic National Party, said yesterday that the US House majority leader, Tom DeLay, ”ought to go back to Houston where he can serve his jail sentence," referring to allegations of unethical conduct against the Republican leader…..

Dean’s remark, in a speech to Massachusetts Democrats at their party convention, drew an immediate rebuke from US Representative Barney Frank, the Newton Democrat and one of DeLay’s harshest critics. ”That’s just wrong," Frank said in an interview on the convention floor. ”I think Howard Dean was out of line talking about DeLay. The man has not been indicted. I don’t like him, I disagree with some of what he does, but I don’t think you, in a political speech, talk about a man as a criminal or his jail sentence."

I did a piece on Howard Dean shortly after he took over the DNC.  I came to this conclusion then:

My prognostication? The Democrats, under Dean’s very public leadership, will take one more beating in 2006 and Dean will be gone with a Clinton successor taking his, and the party leadership’s place.

The only thing I might have gotten wrong is the timing.  They may not be willing to wait until 2006.

"Based on what we know now, we are retracting our original story that an internal military investigation had uncovered Koran abuse at Guantanamo Bay," editor Mark Whitaker said in statement released Monday evening.

That’s according to Fox. So far there’s no retraction at Newsweek.com. In fact, the same garbage is still there. In fact, this is still their synopsis:

Such stories may spark more trouble. Though decrepit and still run largely by warlords, Afghanistan was not considered by U.S. officials to be a candidate for serious anti-American riots. But Westerners, including those at NEWSWEEK, may underestimate how severely Muslims resent the American presence, especially when it in any way interferes with Islamic religious faith.

What they resent is when media blasphemes their religion for the sake of selling magazines. Think about this for just one second Evan Thomas, were there any rioting BEFORE your bogus story? Think about that and then think about what you have written targeting Westerners. Put that in perspective of the lives lost and why they were lost.  Your attitude has gotten people killed and seriously hurt the efforts of those soldiers who had already lost their lives in Afghanistan. 

Evan Thomas doesn’t need to be in his position at Newsweek.  Newsweek should have immediately retracted the story as soon as they knew it had problems with accuracy and THEN verified it.  Better yet, they should have made sure it was accurate in the first place.  Newsweek needs to clean house from the very top.  There is something bad wrong there.

As Iran appears to move closer to resuming nuclear activities, support has been quietly building in Congress for new U.S. sanctions, including penalties that could affect multinational companies and this country’s foreign aid recipients…..

More than 200 members of the House of Representatives nearly half the body are co-sponsoring a bill that would tighten and codify existing sanctions, bar subsidiaries of U.S. companies from doing business in Iran and cut foreign aid to countries that have businesses investing in Iran.

The first paragraph I’m fine with.  However, Fox then takes it a step further and cites "more than 200" Members have co-signed.  When I checked that with govtrack.us, I only got 3.  I double checked it with thomas.gov and got the same 3.  Now, don’t get me wrong, I support this bill 100%.  The EU is failing to deal with this situation very well.  The UN has rendered itself useless in the matter.  Nothing seems to be getting the attention of the mullahs who want nuclear weapons.  Granted both Thomas and Govtrack rely on information given to them in a timely manner, I’m guessing neither has received updated info on the bill.  If they are right and Fox is wrong, there NEEDS to be 200 co-sponsors and this bill NEEDS TO PASS ASAP.  What it does is basically force President Bush to get sterner.  I know he can do that.  I know he probably wants to do that.  But, I can see his being a little gun shy after the flap over Iraq.  If he’s "forced" to do it, he will.

Contact your Congressman and tell them to support H. R. 1743.

Newsweek apologized on Sunday for the article, but while acknowledging possible errors, the magazine stopped short of retracting it.

The report that a Koran had been flushed down a toilet set off the most virulent, widespread anti-American protests in Afghanistan since the fall of the Taliban government more than three years ago.

“We regret that we got any part of our story wrong, and extend our sympathies to victims of the violence and to the U.S. soldiers caught in its midst,” Mark Whitaker, Newsweek’s editor, wrote in the issue of the magazine that went on sale at newsstands today.

In an accompanying article, the magazine wrote that its reporters had relied on an unidentified American government official who had incomplete knowledge of the situation.

But Mr. Whitaker said in an interview later: “We’re not retracting anything. We don’t know what the ultimate facts are.”

The only “facts” that matter at this point is Newsweek got the story wrong and it caused a LOT of harm.  If they are willing to apologize for getting it wrong, they should very publicly retract the story and fire the authors of the story as a sign to the world that they don’t believe the story was accurate.

The only thing worse than the story itself is the response to it by Newsweek.

16

May

by Moonage

But we regret that we got any part of our story wrong, and extend our sympathies to victims of the violence and to the U.S. soldiers caught in its midst

Simple words from Newsweek.  They regret they "got any part" wrong.   This is what they got wrong.

Particularly, this is what John Barry got wrong:

NEWSWEEK National Security Correspondent John Barry, realizing the sensitivity of the story, provided a draft of the NEWSWEEK PERISCOPE item to a senior Defense official, asking, "Is this accurate or not?" The official challenged one aspect of the story: the suggestion that Maj. Gen. Geoffrey Miller, sent to Gitmo by the Pentagon in 2001 to oversee prisoner interrogation, might be held accountable for the abuses. Not true, said the official (the PERISCOPE draft was corrected to reflect that). But he was silent about the rest of the item. The official had not meant to mislead, but lacked detailed knowledge of the SouthCom report.

In simpler words, because the "official" did not say it was false, Barry ASSUMED it was true.

In another article in 2003, Barry wrote in Newsweek:

The notes of the U.N. interrogation–a three-hour stretch one August evening in 1995– show that Kamel was a gold mine of information. He had a good memory and, piece by piece, he laid out the main personnel, sites and progress of each WMD program. Kamel was a manager–not a scientist or engineer–and, sources say, some of his technical assertions were later found to be faulty. (A military aide who defected with Kamel was apparently a more reliable source of technical data. This aide backed Kamel’s assertions about the destruction of WMD stocks.) But, overall, Kamel’s information was "almost embarrassing, it was so extensive,” Ekeus recalled–including the fact that Ekeus’s own Arabic translator, a Syrian, was, according to Kamel, an Iraqi agent who had been reporting to Kamel himself all along.

Most all of that testimony was discredited as well.  Barry does point out the conflicts in that article tho.  But, why even publish it?

Bottom line, Barry is reckless with his information and insensitive to the impact of what that recklessness might do.  John Barry does not need to be writing for a national publication.  If Newsweek was serious in their "apology", they would agree with me.  If not, they need to start being distributed with all the other shock magazines in grocery stores.

This is a farce:

Mr. BROWNBACK (for himself, Mr. DORGAN, and Mr. DODD) introduced the following joint resolution; which was read twice and referred to the Committee on Indian Affairs

JOINT RESOLUTION
To acknowledge a long history of official depredations and ill-conceived policies by the United States Government regarding Indian tribes and offer an apology to all Native Peoples on behalf of the United States
.

He then goes on a LONG list of abuses and broken treaties with the Indians by the US government.  He praises the Indians and derides the government he represents. 

I’m not going to dismiss some of the atrocities that occurred to the Indians hundred years ago and past.  What makes this bill a farce is the last two lines:

Nothing in this Joint Resolution–
     (1) authorizes or supports any claim againstthe United States; or
     (2) serves as a settlement of any claim against the United States.

In other words, it’s nothing but words. That’s pandering, Brownback.  Give them another casino and I’m sure they’ll appreciate it more.

Rigoletto39 of The Motley Fool somehow noticed a very distinct correlation between the people that voted to protect gangsters in my rant against Cynthia McKinney and the members of Congressional Progressive Caucus.  The members that voted to protect gangsters are bolded.

Member, Position Proposed Enacted

% Enacted

Dennis Kucinich, Co-Chair 54 0 0%
Barbara Lee, Co-Chair 69 0 0%
Lynn Woolsey, Vice-Chair 53 0 0%
Peter DeFazio, Officer 77 3 4%
Jesse Jackson, Jr, Officer 43 0 0%
Major Owens, Officer 45 0 0%
Bernie Sanders, Officer 61 0 0%
Hilda Solis, Officer 25 2 8%
Neil Abercrombie, Member 32 0 0%
Tammy Baldwin, Member 36 0 0%
Xavier Becerra, Member 33 1 3%
Corrine Brown, Member 21 2 10%
Sherrod Brown, Member 41 4 10%
Michael Capuano, Member 33 0 0%
Julia Carson, Member 31 0 0%
William "Lacy" Clay, Member 18 2 11%
John Conyers, Member 95 0 0%
Danny Davis, Member 63 1 2%
Rosa DeLauro, Member 68 0 0%
Lane Evans, Member 71 1 1%
Eni Faleomavaega, Member 30 4 13%
Sam Farr, Member 25 2 8%
Chaka Fattah, Member 20 1 5%
Bob Filner, Member 89 0 0%
Barney Frank, Member 86 1 1%
Raul Grijalva, Member 13 0 0%
Luis Gutierrez, Member 56 1 2%
Maurice Hinchey, Member 47 2 4%
Sheila Jackson-Lee, Member 113 0 0%
Stephanie Tubbs Jones, Member 0 0 0%
Marcy Kaptur, Member 88 1 1%
Tom Lantos, Member 92 4 4%
John Lewis, Member 26 3 12%
Jim McDermott, Member 45 0 0%
James P. McGovern, Member 41 3 7%
George Miller, Member 84 5 6%
Jerry Nadler, Member 87 2 2%
Eleanor Holmes Norton, Member 77 4 5%
John Olver, Member 12 1 8%
Ed Pastor, Member 12 2 17%
Donald Payne, Member 38 0 0%
Nancy Pelosi, Member 32 0 0%
Bobby Rush, Member 37 2 5%
Jan Schakowsky, Member 37 0 0%
Jose Serrano, Member 55 0 0%
Pete Stark, Member 102 0 0%
Bennie Thompson, Member 20 0 0%
John Tierney, Member 22 0 0%
Tom Udall, Member 62 2 3%
Nydia Velazquez, Member 29 1 3%
Maxine Waters, Member 64 0 0%
Diane Watson, Member 21 3 14%
Mel Watt, Member 14 1 7%
Henry Waxman, Member 40 1 3%
2585 62 2%

Pretty amazing "correlation" dontcha think?  I have no clue how Rigoletto figured that one out so fast, but he seems to have his finger on the pulse of the Progressive Caucus.  I recognized a few names on the list as well, and got this theme in my head of futility.  So, I got some figures from govtrack.us and superimposed it on the members of the Progressive Caucus.  Cumulatively they have sponsored 2,585 bills since 1999, and have gotten 62 passed.  That’s a staggering 2% rounded up.  25 of the 54 members have never gotten a single bill passed since 1999.   None.  That list includes none other than Nancy Pelosi herself, the Democratic Leader of the House.  I’m sure Cynthia McKinney will be in that caucus as well as soon as some radical Muslim pays her fees..

Now, the reason I did that is because I have been making the argument that the Democrat heads-that-be have hijacked the common Democrat Party and have used it for their own agenda.  I think Ms. Pelosi and the Progressives pretty well sum it up.  They can’t get anything passed, and they vote against obviously horrible PR legislation en masse.  Go ahead Nancy, do the right thing.  Quit the charade and quit the Democrat Party and call it what you are, the Progressive Party.  A few more years of this type of leadership and their won’t be a national Democrat Party for her to quit.

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