Quote of the Day: “I would not give a fig for the simplicity this side of complexity, but I would give my life for the simplicity on the other side of complexity.” –Oliver Wendell Holmes
TB is at peace with the fact that in politics it is often forced on officials and voters alike to take inconsistent positions on certain issues and use an inconsistent methodology in arriving at those positions. I’m still struggling with the fact that so few people recognize their own, or their party’s own inconsistencies, and I am completely disgusted that the so-called analysts and pundits in the corporate media refuse to address these issues at all. A couple of examples from recent news stories I’ve been following:
- AIG. My God how I loathe that company and all associated with it. I especially hate the way it made/makes my brain matter splatter onto my laptop. Here’s the deal….Republicans love the big insurance companies and pass law after law and appoint judge after judge to help them make obscene profits….then one day, AIG goes belly up….only to be bailed out by the Bush administration with the full support of the Democratic leadership not to mention TB because the company is “too big to fail” …..then AIG gets bailed out again by the Obama administration with the support of a Democratic Congress….and even though its too big to fail no politician or pundit can be found who will call for antitrust provisions to be applied to them….then Republican opinion makers and theorists begin to scream about how the flagship company of their most favored constituency should be allowed to fail…..then AIG takes bailout money and spends 165 million big ones to pay its fat cat executives, almost ALL Republicans, I’d bet my last derivative on…..then EVERYONE for one day hollers bloody murder…..then the Republican talkers decide these execs deserve their money because its communism to deny them, even though if we’d let the company go bankrupt like they wanted not only would these m-f’ers not get their bonuses they’d be out on the street….then some execs pay the money back but one dude writes a self-martyring letter to the New York Times about how it’s BS that he doesn’t get his 3/4 of a million so he quits, never considering that he’d have gotten jack squat if the company had gone bankrupt, never considering that the wealth he “generated” was possible in part because other parts of the company were leveraged to the hilt on derivative trades….at some point the Democrats try to pass an idiotic tax on the bonus money they approved in the first place….all the while no one in government will level with the American people about the true state of the problem, leaving us to take Olberman or Limbaugh’s word for it, or the travesty that is CNN, or to scour the web for you tube videos of some congressman accidentally telling CSPAN that we were within a few hours of martial law on the day of the first bailout….all to say nothing of AIG head rat Ed Liddy who transformed Allstate from the “Good Hands” to the “Boxing Gloves” (their words, not mine)…..excuse me while I get a rag….
- Eminent domain and good ole Haley, friend of the people…..of course, only the people once known as the bourbons….but I digress….eminent domain is the legal manner in which the government takes your land, pays you the value it decides the land has and does something with it for the public good…..historically for roads, bridges, electric lines….but in recent years has come to include taking your land to give to Nissan or some company like it so they will build their plant and bring jobs…. and there has been a backlash among the non-bourbons of the world so that many states have passed laws to prevent this, never considering that the jobs and tax base can transform an entire community for the better….but then only at the cost of depriving someone of their land rights which can be a slippery slope….so Mississippi passes a bill with near universal legislative support to prevent the state from taking your land to give to a private entity even though no other state so desperately needs the type of jobs that come from these incentives…..but Haley vetoes the bill and a group of Senators, including some from both parties change their votes and uphold Haley’s veto….and he never considers the conflict between this behavior and his constant carping about “big, intrusive government”….and while Republicans are all for giving a big corporation, such as an auto manufacturer huge incentives, otherwise known as free money, to build a factory (something TB favors) they are completely opposed to giving an auto manufacturer loans that must be paid back in order to keep existing facilities open (TB also favors this) and are oblivious to the conflict in their positions….meanwhile the bill Haley rightly but for all the wrong reasons vetoed could easily have been re-written to provide a windfall to the eminently domained landowner relative in scope to the benefit being conferred on the business and the community but that would be more complex….and if we try to address complex issues in the political world of the 21st century….you guessed it……our heads will explode.
- Senator Chris Dodd.
- Apropos of nothing, certainly not because I’d like my head to stay intact or anything like that, but I’m wondering what the denizens of the TB universe think about the question of marijuana legalization. I read where it was among the most commonly submitted questions to the White House web page in advance of Obama’s virtual town hall this week.