Thursday, November 17, 2011
Tuesday, November 15, 2011
OWS Should Declare Victory and Go Home
OWS got booted from Zuccotti Park this morning. I think they should declare victory and go home. Come back every Saturday to keep the message alive if they want to, but go home. I have some sympathy with their message, though very little for their solutions. But I have identified with their anger and frustration right from the start. And they certainly have a right to have their voices heard.
I understand Mayor Bloomberg's dilemma. How can you be responsible for the orderly running of a city and allow camping in the streets? To paraphrase my son I'm not particularly in favor of zoning laws, but how can you do justice to the people of New York and in particular the businesses in Lower Manhattan if you sanction a large outdoor squatter's camp rife with crime in one of the premier parts of the city?
Furthermore, to press on with their current strategy is to see the effort wither by attrition and bad weather, and to see further co opting of the Occupy sites by criminals, political opportunists, and the homeless. America will turn against them, and that is not in their interest. Better to take this opportunity to withdraw with honor, their dignity intact. Mayor Bloomberg is giving them the chance to save face and exit the stage at their zenith. Will they have the sense to seize the opportunity?
Jess
Saturday, September 10, 2011
Rent Seeking 101: The Solyndra Chronology
The following is a list of links to stories detailing the Solyndra Saga. They are listed chronologically with the latest listed first. I will try and update the list as newer information surfaces. For the best and most coherent summary in the shortest time, read the stories published by Bruce Krasting first.
As I've been saying, I believe this story represents, government corruption, crony capitalism and corporate rent seeking at its worst. There is the potential for a huge scandal here, and I would not be surprised to see the government attempt to cover up incompetence and/or wrongdoing and stonewall efforts to expose the facts. I'm very concerned to hear that the FBI and the DOE Inspector General were responsible for raids of the company headquarters and the homes of prominent Solyndra officials. I'm more concerned that they are attempting to hide or destroy evidence rather than expose the facts. This is the government in charge of investigating itself. Like foxes guarding the henhouse. FBI falls under the Department of Justice. Does anybody trust Eric Holder to conduct a thorough and honest investigation? This whole thing stinks big time. Fortunately there are Congressional Committees with oversight who may be more motivated to seek justice.
20 January, 2012 Bankrupt Solyndra Caught Destroying Brand New Parts CBS San Francisco
21 September, 2011 As Solyndra Execs Prepare to Take the Fifth, Company Blames DOE for Its Demise NYTimes
19 September, 2011 Why Was Congress Forced To Subpoena Head Of Obama's Budget Office To Get Info On Solyndra? Zero Hedge
19 September, 2011 A Solyndra Insider's Words Bruce Krasting
17 September, 2011 Solyndra's Whorehouse Lender Bruce Krasting
16 Septmber, 2011 Solyndra: A Few New Facts, A Few New Questions Bruce Krasting
15 September, 2011 Jon Stewart on Solyndra
14 September, 2011 Solyndra Scandal Gets Even Worse for Obama Administration Reason
13 September, 2011 Exclusive Timeline: Bush Administration Advanced Solyndra Loan Guarantee for Two Years, Media Blow the Story ThinkProgress.org
13 September, 2011 Solyndra--Moving Forward to What? Bruce Krasting ZeroHedge
12 September, 2011 House to Probe Failed Energy Company Solyndra at Hearing LA Times
10 September, 2011 More on Solyndra-The Next Move Bruce Krasting ZeroHedge
9 September, 2011 FBI Visits Homes Of Solyndra CEO, Co-Founders WSJ
8 September, 2011 Solyndra Officials Made Numerous Trips to White House, Logs Show Daily Caller
7 September, 2011 "Connected" Energy Firm Got Lowest Rate on Government Loan ABC News
7 September, 2011 Solyndra- The Obama Connection Bruce Krasting
6 September, 2011 Solyndra: Pay Some Investors Before Taxpayers In Solar Flame Out Forbes
6 September, 2011 Solyndra Bankruptcy Reveals Dark Clouds in Solar Power Industry NY Times
1 September, 2011 Solyndra Collapse a 'Waste' of Half a Billion By Obama, GOP Critics Say ABC News
31 August, 2011 Solyndra, Solar-Panel Company Visited by Obama in 2010, Suspends Operation Bloomberg
30 August, 2011 Government Investment Disaster in the Works? Bruce Krasting
30 August, 2011 Solar Purge Drives Weakest Into Buyouts, to Spur More Deals Bloomberg
28 February, 2011 Solyndra Raises Another $75M, DOE Loan Guarantee Period Extended Gigaom
As I've been saying, I believe this story represents, government corruption, crony capitalism and corporate rent seeking at its worst. There is the potential for a huge scandal here, and I would not be surprised to see the government attempt to cover up incompetence and/or wrongdoing and stonewall efforts to expose the facts. I'm very concerned to hear that the FBI and the DOE Inspector General were responsible for raids of the company headquarters and the homes of prominent Solyndra officials. I'm more concerned that they are attempting to hide or destroy evidence rather than expose the facts. This is the government in charge of investigating itself. Like foxes guarding the henhouse. FBI falls under the Department of Justice. Does anybody trust Eric Holder to conduct a thorough and honest investigation? This whole thing stinks big time. Fortunately there are Congressional Committees with oversight who may be more motivated to seek justice.
20 January, 2012 Bankrupt Solyndra Caught Destroying Brand New Parts CBS San Francisco
21 September, 2011 As Solyndra Execs Prepare to Take the Fifth, Company Blames DOE for Its Demise NYTimes
20 September, 2011 George Kaiser 2009: “There’s never been more money shoved out of the government’s door.” Reason Magazine
19 September, 2011 Why Was Congress Forced To Subpoena Head Of Obama's Budget Office To Get Info On Solyndra? Zero Hedge
19 September, 2011 A Solyndra Insider's Words Bruce Krasting
17 September, 2011 Solyndra's Whorehouse Lender Bruce Krasting
16 Septmber, 2011 Solyndra: A Few New Facts, A Few New Questions Bruce Krasting
15 September, 2011 Jon Stewart on Solyndra
14 September, 2011 Solyndra Scandal Gets Even Worse for Obama Administration Reason
13 September, 2011 Exclusive Timeline: Bush Administration Advanced Solyndra Loan Guarantee for Two Years, Media Blow the Story ThinkProgress.org
13 September, 2011 Solyndra--Moving Forward to What? Bruce Krasting ZeroHedge
12 September, 2011 House to Probe Failed Energy Company Solyndra at Hearing LA Times
10 September, 2011 More on Solyndra-The Next Move Bruce Krasting ZeroHedge
9 September, 2011 FBI Visits Homes Of Solyndra CEO, Co-Founders WSJ
8 September, 2011 Solyndra Officials Made Numerous Trips to White House, Logs Show Daily Caller
7 September, 2011 "Connected" Energy Firm Got Lowest Rate on Government Loan ABC News
7 September, 2011 Solyndra- The Obama Connection Bruce Krasting
6 September, 2011 Solyndra: Pay Some Investors Before Taxpayers In Solar Flame Out Forbes
6 September, 2011 Solyndra Bankruptcy Reveals Dark Clouds in Solar Power Industry NY Times
1 September, 2011 Solyndra Collapse a 'Waste' of Half a Billion By Obama, GOP Critics Say ABC News
31 August, 2011 Solyndra, Solar-Panel Company Visited by Obama in 2010, Suspends Operation Bloomberg
30 August, 2011 Government Investment Disaster in the Works? Bruce Krasting
30 August, 2011 Solar Purge Drives Weakest Into Buyouts, to Spur More Deals Bloomberg
28 February, 2011 Solyndra Raises Another $75M, DOE Loan Guarantee Period Extended Gigaom
Monday, August 15, 2011
Careful With Those Headlines
Remember last week's show when we commented on the #obamabusname hash tag on Twitter? Well, I saw this headline on Fox News when I opened up my browser this morning:
Obama Embarks on Job Saving Tour
The cynic in me says, ”Putz! How’s a bus tour supposed to save jobs?” It reminded me of Hard Rock CafĂ©’s motto “Save the Planet.” How? By standing in long lines to buy overpriced hamburgers? Then I thought, "Wait a minute. What’s the president calling it? Maybe Fox News is using a misleading headline. Gee, that’s never happened before." Whitehouse.gov has the headline:
President Obama Kicks Off the Economic Bus Tour in Cannon Falls, Minnesota
OK, so maybe it is some lame claim to a job saving tour. Then I realized, it was HIS job the president was trying to save! And then I realized, that was what Fox News was trying to get me to conclude all along. They just wanted me to think I was oh so clever for figuring it out "all by myself."
Take Home Lesson: Be very careful with headlines on stories. They are used to manipulate opinion. Especially if you just read the headline, and not the story!!
And yeah, I know. Serves me right for having Fox News for a home page!
Obama Embarks on Job Saving Tour
The cynic in me says, ”Putz! How’s a bus tour supposed to save jobs?” It reminded me of Hard Rock CafĂ©’s motto “Save the Planet.” How? By standing in long lines to buy overpriced hamburgers? Then I thought, "Wait a minute. What’s the president calling it? Maybe Fox News is using a misleading headline. Gee, that’s never happened before." Whitehouse.gov has the headline:
President Obama Kicks Off the Economic Bus Tour in Cannon Falls, Minnesota
OK, so maybe it is some lame claim to a job saving tour. Then I realized, it was HIS job the president was trying to save! And then I realized, that was what Fox News was trying to get me to conclude all along. They just wanted me to think I was oh so clever for figuring it out "all by myself."
Take Home Lesson: Be very careful with headlines on stories. They are used to manipulate opinion. Especially if you just read the headline, and not the story!!
And yeah, I know. Serves me right for having Fox News for a home page!
Tuesday, July 5, 2011
David Brooks Says Compromise. I Say Bollocks!! Alternate Title: In Praise of North Korea.
I like David Brooks. He's gone a little squishy in the past few years, but I still like him. He's an honest and principled debater. He argues based on the facts as he sees them. He eschews hyperbole, straw men, and insult. But in this, his latest article, he's just wrong. Too much time rubbing elbows with colleagues at the NYT, perhaps. The gist of this article is that the Republicans should compromise with the Democrats on the current budget/debt ceiling crisis while the D's are willing. Brooks believes they should take what he thinks is a good deal. It sounds like David has been drawn over to the dark side. He's outed himself, though, with the inadvertent use of the phrase "eliminate tax expenditures", which is liberal code for raising taxes by eliminating loopholes. Make no mistake, I support eliminating loopholes, but I think it merits its own debate so that it is comprehensive, thereby simplifying the tax code in the process. I also feel it needs to be accompanied by lower rates to keep it revenue neutral. As far as compromise is concerned,
I wrote a blog in Oct 2009 explaining how I feel about that. It features a recipe for a certain ice cream treat using dog s**t as one of the ingredients. Please read it if you have the time.
I see the R's current strategy as similar to North Korea's negotiating strategy. Take no prisoners. It's brutal. It is unyielding. It assumes they have all the advantage even when they don't. It is willing to ignore threats of great pain if it fails. But North Korea never fails. They win. Say what you like about North Korea. They know how to negotiate.
Republicans: I don't know how the more traditional elements of the GOP will react if you cave on this budget/debt ceiling opportunity, but the Tea Party wing of your party and those of us in the liberty movement aren't interested in compromise. You need to man up, grow a pair, and get in touch with your inner Kim Jong Il. This is your last chance. We mean it this time.
I wrote a blog in Oct 2009 explaining how I feel about that. It features a recipe for a certain ice cream treat using dog s**t as one of the ingredients. Please read it if you have the time. I see the R's current strategy as similar to North Korea's negotiating strategy. Take no prisoners. It's brutal. It is unyielding. It assumes they have all the advantage even when they don't. It is willing to ignore threats of great pain if it fails. But North Korea never fails. They win. Say what you like about North Korea. They know how to negotiate.
Republicans: I don't know how the more traditional elements of the GOP will react if you cave on this budget/debt ceiling opportunity, but the Tea Party wing of your party and those of us in the liberty movement aren't interested in compromise. You need to man up, grow a pair, and get in touch with your inner Kim Jong Il. This is your last chance. We mean it this time.
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