Archive for May, 2009

Rat-eating felon G. Gordon Liddy hopes Sotomayor doesn’t have her period during important decisions

Sunday, May 31st, 2009

No kidding. You can’t make this shit up. This animal actually said that. I just cannot believe it. I mean I really can’t believe it. I’m so pissed off I had to post this on my “day off!”.

Toss another knuckle-dragging sack of crap into the pile that guarantees the Republican Party will never recover. Imagine being married to something like this and not killing it in its sleep?

And don’t forget to buy some gold from this neanderthal, you hear?

Gordy talks periods at :35 seconds.

Say good night to me, Republican Party. Between Rush “feminazi” Limbaugh, Glenn “I’m 95% chick! I blubber all the time!” Beck and now this animal, I will stay home before I vote for the next Republican candidate. Guys like this are the best weapon the Democratic Party has. This ranks right up there with, nay it surpasses, Barack The Pig Obama’s reference to “Periodic moments” aimed at Hillary. It takes some real experience to outPig Barack Obama in the “Offend women” department. Is this what you REALLY aspire to, Republican Party? If so, say goodbye now. You deserve to be eaten alive by the other animal farm.

LiddyAnd I couldn’t resist stealing Gordie’s “hot” pic from Riverdaughter. I nearly went blind when I saw it. And speaking of “Patriotism,” there’s nothing like wearing the American flag over your old and shriveled age-induced low-hanging ball sac.

I’m sorry, but this is just beyond the pale!

Poor Michael Steele. It’s hopeless, isn’t it? I will keep this video to remind myself to stay home in 2012. This is the face and voice of the Republican Party.

And by the way, I find it hysterically funny that the men in this party don’t like how Sexism feels. You would think it would cure them, but nope. What do you expect from a guy who actually let’s someone take a photo of himself looking like this?

Hey Gordy! Scuse me, “G Man”. Eat shit and die!

REMINDER: Tune in to KFI-AM to hear Larry Johnson

Sunday, May 31st, 2009

O P E N   T H R E A D   T O O

batchelor-s John Batchelor’s show begins at 10 p.m. ET. Then, at 10:30 p.m. ET, DON’T MISS LARRY JOHNSON TONIGHT on the Batchelor show, via KFI 640 AM.

Check out the full slate of guests and topics tonight. John Batchelor’s KFI show begins at 7:00 p.m., so tune in early.

If this is your first time listening, you’ll want to visit the site early in case you need to download an easily installed program to hear the show.

David v. Goliath? Should Joe Run?

Sunday, May 31st, 2009

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In the 2010 Senate primaries, should the dashing retired Navy Admiral who currently represents Pennsylvania’s 7th district as a Democrat in Congress take on the grisly, high-profile, five-term Republican Senator who only recently dumped the GOP to declare himself a Democrat? Either man would likely prevail over the right-wing conservative Republican contender.

Rep. Joe Sestak says that he “intends” to challenge Sen. Arlen Specter . Sestak has apparently set a date of June 30th (an FEC quarterly deadline) to be more forthcoming about his plans, although he recently stated on CNN that he also needs to discuss the matter fully with his family.

I have heard arguments about Joe Sesrak taking on Arlen Specter going both ways.

In favor of Sestak entering the race and making it interesting, at the very least:

1. Joe has paid his dues to the Democratic Party and should have a chance to be the Democratic candidate for the Senate.
2. The people of Pennsylvania should be able to choose who they want, not what the Washington Democratic Establishment dictates.
3. Joe has guts to stand up to the Establishment that is trying to dissuade him, and we need more people of courage in government.
4. Specter is self-serving. All polls show that he could not have won as a Republican this next time around. His primary concern is keeping his career going.
5. Is Specter really a Democrat? How can Democrats know for sure? Will he really compromise on issues important to Democrats?
6. Specter is too old (80 next birthday) and has health issues.

In favor of Sestak staying put in the House:

1. The House is a good place for Sestak to be. He is valuable there.
2. Specter received instant high level support from the President and later the Vice President and Governor of Pennsylvania.
3. Everyone in Pennsylvania knows who Specter is. Sestak is not yet well enough recognized throughout the state and does not show competitively in the current polls.
4. It is best for the Democratic Party to avoid a mud slinging battle in the primaries. Specter has already declared, so first come first served.

Both men have had impressive careers. And right now it is kind of a David v. Goliath situation. But early polls can change, as Hillary Clinton discovered the hard way.

I personally like Sestak best. I’m tired of these big money politicians. Sestak strongly endorsed Hillary Clinton very early on, which made him a favorite of mine. But, I have admired Specter’s sometimes moderate views, and I don’t think age should be an issue if someone can do the job. And if the two men could agree to stick to the issues and not get into the cannibalistic duel-to-the-death that we saw in California in 2006 when Phil Angelides and Steve Westly decided to blow each other up, it might be an exciting and educational race. Otherwise the party could suffer more damage than it needs. (In California, Arnold Schwarzenegger retained the Governor’s mansion without breaking a sweat. He only had to recite the primary loser’s [Angelides] TV ads!)

So, what do you think? Should Joe run?

Thank Heavens There’s ONE Grown-up In The Room…

Sunday, May 31st, 2009

That’s what the Germans seem to think of Secretary Clinton, anyway. It seems they are asking her to help deal with the GM mess as it relates to them, according to this article (H/T to Ani for alerting me to this). Why, you might ask? Because it affects them, too, in a big way. You know, global economy and all.

Basically, the Germans wanted an adult in the room as opposed to the adolescent they got:

Hillary Clinton has intervened in talks over the future of Opel and Vauxhall at the request of German ministers as the American Government unveiled plans to sink more taxpayers’ funds into the European carmakers’ US parent, General Motors (GM).

Frank-Walter Steinmeier, the German Finance Minister, spoke by telephone today with Mrs Clinton to seek “support in the search for a solution,” his spokesman said. Mrs Clinton pledged to intervene to demand “the greatest possible American support” from Timothy Geithner, the Treasury Secretary, the spokesman added.

Karl-Theodor zu Guttenberg, the Economics Minister, also denounced the US Treasury for dispatching a junior official who had to consult Washington through a video link at regular intervals during the night.

Mr Guttenberg said the talks had been “absurd in parts” and demanded “more seriousness and a greater willingness to compromise on the part of the US.”

It is also hoped that developments today in the US could pave the way for smoother negotiations with the two preferred bidders - Fiat, the Italian car group, and Magna, the Canadian components maker.

Nothing like insulting one of our big allies and business partners by sending some flunky to do a woman’s job. Ahem.

As for the rest of the article, some of this may have changed - who knows? I guess it depends on whatever mood Obama is in today and just how much control he is handing over to the union that bought him, but here it is:

GM’s biggest bondholders have agreed to a new offer to wipe out the automaker’s debt, raising hopes that the carmaker will make a quick exit from the now inevitable move into bankruptcy.

Bondholders that own about 20 per cent of GM’s $27.2 billion of unsecured debt agreed to wipe out the borrowings in return for a 10 per cent stake in the company and warrants to buy a further 15 per cent of the equity in the new business.

They had previously rejected an offer of a flat 10 per cent because the United Auto Workers (UAW) union had been promised more equity - 17.5 per cent - for a smaller $20 billion debt.

The remainder of GM’s debt investors, which include individuals and pension funds, have until Saturday afternoon to agree to the new offer.

If they do not support the offer, forcing GM into a contentious bankruptcy, the Government has warned that bondholders will be all but wiped out.

In exchange for the improved payout, creditors must agree not to oppose a move to sell GM’s profitable assets to a new company funded by the Government in a fast-track bankruptcy process.

Just a teensy weensy little reminder - when they talk about wiping out GM’s debt, that’s all the money WE paid to bail them out because they were “to big to fail.” So, all those BILLIONS of dollars of OUR money that Obama was handing out like candy to them? Poof - GONE!!!!

And then, add to that, the government going into the automobile business - as if it knows ANYTHING about it:

GM’s filing also revealed that the Government’s stake in the restructured company would be 72.5 per cent, much larger than the 50 per cent it was expected to be handed in return for forgiving some of the bailout cash it has provided the company.

The bigger stake is likely to increase the cost of GM’s bankruptcy to taxpayers, which is estimated to reach as high as $50 billion.

Overnight negotiations over the future of the US carmaker’s European operation broke down when GM sought more funding for Opel despite Germany’s pledge to provide billions of euros in state guarantees as well as a €1.5 billion bridging loan.

Lord Mandelson, the Business Secretary today reiterated the British government’s support for Vauxhall but said it was too early to comment on what funding the UK may provide since talks over Opel needed to be resolved first.

He also said that unlike Opel, Vauxhall was not in desperate need of funding.

Lord Mandelson has extracted promises from both Fiat and Opel over the future of Vauxhall and British jobs.

Although the Business Secretary has conceded that GM Europe suffers from excess costs and is selling vehicles into a depressed market, he has made clear that the amount of money that Britain will commit will depend on the level of job guarantees in the medium term and the long term.

“Each of the bids envisages government support, but we are some way off from a discussion about government’s role in any commercial outcome to these discussions,” he said.

The assurances represent a significant victory for Lord Mandelson, who has been desperate to make sure that the German Government does not give in to election-year pressure with a pledge to protect domestic jobs at the expense of those in the UK. Berlin’s view is crucial because it is being asked to stump up billions of euros in loan guarantees as part of any deal.

Magna calculates job losses of 9,000 across Europe – 2,500 of them in Germany. However, before a Chancellery meeting last night, Magna hinted that it could shift the production of the Opel Astra from Antwerp, Belgium, to Bochum, Germany. Under that scenario, job losses in Germany would total only 300.

Fiat has promised to cut fewer than 10,000 jobs in GM Europe. That could entail closing an engine factory in Kaiserslautern, Germany. Unions fear that overlapping of Fiat’s products with those of Opel and Vauxhall will mean that redundancies could be much higher than promised.

Whew. This is really a pickle, isn’t it? We have taken over, no - check that - OBAMA and the UAW have taken over a private business in this country, about which Obama, anyway, knows NOTHING. He is not a businessman, you know. The UAW is certainly a business - some might say a racket - which has ensured ITS pensions at the expense of ours. How is it that some Americans deserve to have one and others don’t?

That’s just one of those pesky little questions I am certain Obama would label as “Un-American,” just like he did the secured creditors to GM - you know, the Teachers Retirement Fund and State Police of Indiana, for example:

Maybe Obama should follow Germany’s example, and ask Secretary Clinton to figure this out for everyone - GM, the taxpayers, the UAW, everyone. Heck, she could probably design a more aerodynamic, fuel efficient vehicle, change the oil in everyone’s car, AND not rip off the taxpayers for billions of dollars all at the same time! Oh c’mon, you know she could!! In any event, it is sure worth a try.

I mean, really, if it is good enough for Germany to have her step in, it is surely good enough for us! No doubt she would do far better at this than Obama and the UAW are doing now. I say, bring her on!!

May 2009 Market Review

Sunday, May 31st, 2009

Welcome to the Brave New World of the Uncle Sam economy! Let’s review the price action across the market, add some analysis as we look behind the numbers, contrast these returns with developments in the economy, and chart our path forward as we navigate the economic landscape!!

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Market Returns:

Equities: while market analysts continually measure the market from March 6th, unless one purchased the market on that date and at that point, it is much more intellectually rigorous to measure returns on a YTD (year-to-date) basis. Although I will incorporate short term movements, focusing solely on the short term increases the risk that we “miss the forest for the trees.”

The equity markets posted solid returns for the third month in a row. Although the returns in May were positive, they were not as largely positive as the prior two months. Year to date, the DJIA is slightly below unchanged while the S&P 500 is slightly positive. The tech heavy Nasdaq continues to outperform and is solidly positive (+12.5%) on the year. Why? Many tech companies have significnatly less debt burden and refinancing risks.

Bonds: the high yield sector continued to outperform (+9.7% MTD, +24.3% ytd). The mortgage and municipal sectors largely marched in place. The front end (shorter maturities) of the U.S. government bond market held steady as the Federal Reserve indicates they will keep the Fed Funds rate at 0-.25% for an extended period. The long end (intermediate to long maturities) of the government bond market sold off dramatically (+35 basis points on the 10 yr) under the weight of very heavy supply.

Currencies: the U.S. dollar had a very difficult month relative to almost every other major currency. The greenback gave back almost 4% relative to the Japanese yen, although it remains within the trading range for the year. The dollar particularly suffered versus the Euro on concerns of a potential downgrade of U.S. government credit due to the ongoing fiscal deficit.

Commodities: this is where the real action occurred this month. Commodities, in general, posted their largest monthly gain in 34 years. Oil was up 30.1% on the month and 55.6% on the year. Gold rallied 11% on the month and is up a like amount for the year.

Looking Behind the Numbers . . .
As I view the monthly and annual numbers, I am drawn to a comparison of a football pass thrown in a game. That is, when the football is thrown, three things can happen and two of them are not good. The pass can be completed, fall incomplete, or be intercepted.

Similarly, our economy can gradually improve with credit lines opening, housing and employment stabilizing, and markets improving - much like a completed pass.

Our economy can stumble under the weight of a surge in delinquencies and foreclosures in the residential space, a wave of commercial real estate defaults, and a double digit unemployment situation - much like an incomplete pass.

Our economy can stabilize with enough traction to create velocity in the growth of the money supply. Given the trillions of dollars injected both directly and indirectly, a hint of velocity will likely spark a sharp increase in the expectation of inflation even prior to actual signs of inflation. The price action in the commodity and currency space are sending warning signals on this front. This development is akin to an intercepted pass.

Economic Review . . .
As I look back on the wealth of economic data, I am continually struck by the downward revisions to prior months’ numbers. Although consumer confidence has increased, in my opinion, virtually every other statistic both here and abroad shows ongoing caution signs. These numbers include retail sales, housing, employment, and industrial production. Overseas the export data is decidedly weak.

Perhaps the markets are discounting an expectation of improved economic data due to the $780 billion Stimulus Bill starting to kick in later this year. The major money center banks have clearly been stabilized, although it took a fabrication in their accounting (via a relaxation in the mark-to-market) to do so.

The movement in commodities is clearly indicating a sign of improved economic activity and/or heightened inflation, or both. It is not inconceivable that our economy does get inflation sooner than later combined with minimal credit flow due to ongoing writedowns on delinquent or foreclosed loans. Combine these two components and we have a very real chance of stagflation over the next few years.

The Path Forward . . .
The steepening of the yield curve (rates on short term maturities relative to long term maturities) is very positive for our banking industry. The banks can continue to borrow money at extremely low rates and earn significant interest on almost any sort of lending that occurs. That said, new loan demand is not strong while demand for refinancing is quite strong.

My concern currently is not with the major money center banks. I am VERY concerned with the non-bank banks (Freddie Mac, Fannie Mae) and the Federal Home Loan Banks (FHLBs). Given the ongoing surge and expected high levels of residential loan defaults, these institutions will bleed money. The insurance sector, despite some recent improvements in their stock prices, also concerns me given their commercial real estate holdings primarily.

I do believe longer term interest rates will continue to work their way higher under the weight of supply of global government debt, and expected ongoing heavy demand (May was a very heavy issuance of both bonds and stocks) by municipal and corporate issuers. Do not be surprised to see our 10 yr Treasury note get to 4% and 30yr fixed rate mortgages get to 6%.

The deleveraging process will continue as the economy adjusts to life without a vigorous securitization business (remember the securitization business on Wall Street provided 40-45% of total credit to our economy).

Add it all up and I think the following will occur:
- equity markets will now move sideways in range bound fashion;
- the bond market will move lower in price, higher in rates;
- the dollar will gradually decline;
- our economy will be filled with more stops than starts.

Please share your thoughts and comments!! Thanks.

LD

OPEN THREAD + Join Me Tonight at 8PM for NoQuarter Radio’s Sense on Cents with Larry Doyle

Sunday, May 31st, 2009

Please join me Sunday evening from 8-9 p.m. ET for NoQuarter Radio’s Sense on Cents with Larry Doyle. The developments in the markets, economy, global finance, Wall Street, and Washington are occurring at breakneck speed. I will try to slow things down a bit and provide a sense of perspective. What did we learn in the markets over the last week and what does that mean for the weeks and months ahead? We will address a wide range of issues, including economic statistics released this week, the automotive situation, market performance, and the road ahead. Additionally, I am always happy to address anything on your mind as you navigate your own economic landscape.

I will be joined by a special guest this week, as well. John Busacca has been involved in the regulatory and compliance side of the financial industry since the mid 1990s. John has worked as a compliance officer for large wirehouses and NYSE member Clearing Firms. In 2000 he was involved in founding a fixed income firm in Florida. From there he transitioned into a sales role which led him to becoming President of a clearing firm. He grew that firm from a handful of correspondents to over 75.

In 2006 John was elected to the NASD-Business Conduct Committee for District 7 and was also elected to the Florida Securities Dealers Board of Governors. John was involved in the founding of The Securities Industry Professional Association in 2007. The SIPA is an industry advocacy organization. He acquired BDexchange in 2008 and has relationships with nearly every clearing firm and Securities Consultant in the Country. John is an accomplished writer and contributes to many national publications. I look forward to my conversation with him tonight.

These are truly historic times in the global economy. Let’s “navigate the economic landscape” without the pandering or nonsense found elsewhere! What is on your mind? What would you like to address? Please share your questions and thoughts by calling in to (347) 677-0792, and also join our live chat room, which I’ll start up about 10 minutes before the show begins.

Many thanks to Larry Johnson and the rest of the team at NoQuarter for providing such a vibrant vehicle as NoQuarter Radio. I look forward to having you join me Sunday evening as we collectively navigate the economic landscape!!

LD

Pointers and Setters

Sunday, May 31st, 2009

The one thing that pleases me about the current administration is that there appears to be a good number of women in powerful positions; more than I recall seeing in previous administrations, and certainly more than on The West Wing. I’m just happy to see it, for the sake of progress in gender representation.

It’s obvious that men and women will have different perspectives on certain issues, and try as we may, the opposite sexes will never understand each other. Because of that difference in perspective, I always enjoy seeing strong women in dominant positions. It’s kind of a thing with me.

I became a feminist on March 7, 1974. That was the day my daughter was born. The mother of my baby was my “practice wife,” age 21. I was 22.

That was during the early years of allowing husbands in the Delivery Room. I had to sit across the room and watch the “proceedings” in a mirror. It was kind of like watching for shoplifters at 7-11.

As soon as the doctor announced the baby’s gender, my then-wife turned to me and asked, “Is that OK?” I laughed, knowing she was not in her right mind. Of course it was OK! Why wouldn’t it be? Never mind that the father determines the gender!

Recently, there have been many heated discussions about Bobo’s nominee for the Supreme Court. I haven’t had time to read it all, let alone research her, so this post is not about her. However, it was inspired by some of the comments I have read here this week.

Where I take issue with some female feminists is a tendency by some to vent their anger toward males at large. Anger that is born of frustrations, building for lifetimes, sometimes manifests itself most when women see other women treated badly by men. At other times, it is the result of men in power keeping women out of the loop. I don’t disagree with them, but I do sometimes feel as if I am personally being blamed for all the injustices ever committed by men against women. No doubt about it, many men are out and out pricks, and I don’t defend them. Sadly, though, many women are evil too.

I often hear such phrases as “old white men making decisions for women that have direct impacts on women’s lives.” Well, I’m an old white man. But I am innocent. I have never voted against anything that would benefit women, I’ve always championed their political causes, and I have never mentioned any difference of genitalia as a political or social reason for discrimination, aside from the issue of public toilets. I don’t believe there’s a whole lot of controversy on that issue.

As a daily reader and weekly writer for No Quarter USA, I am often offended by comments from women that I perceive to be anti-male. I’m just prudish enough to be disconcerted over references to genitalia in a political discourse. Statements like “just because she lacks a penis” or “her vagina has nothing to do with her abilities” are uncalled for, in my opinion.

I feel very strongly about this, and this is why:
Differences in the urinary or reproductive plumbing of the genders have nothing whatsoever to do with the issues. It’s not because we use separate restroom facilities that men and women think differently. It’s much more about the relationships between men and women as married couples, extrapolated to include the outside world. If a woman is dominated and controlled by her husband, she instinctively paints all men with the same brush as befits her husband. Conversely, if a man is dominated and controlled by his wife, he thinks of all women as being like her. She thinks all men are bastards. He thinks all women are witches. See? I’m literally afraid to use the real word I was thinking of!

Our peers are those like us. I consider the female writers of NQ to be my peers, although in truth they are my superiors. On certain issues relating to the “battle of the sexes,” I have kept my mouth shut, until now. Some of the comments I make might cause offense to my female friends. And no matter how hard I try, I cannot always tell when my observations about gender issues will land me in hot water. My experiences as a boy taught me to never fight with girls — because they always win in the end!

My personal credo is that all people are equal under the eyes of the law, and therefore there should be no discrimination based on the gender, race, or religious beliefs of people. I believe the laws should protect against such discrimination. On the other hand, I believe quotas and affirmative action are wrong. The person who is best qualified should get promoted, whether their superior qualifications are the result of privileges or opportunities others rarely get, or simply having a better personality for the job. A highly qualified white man should not be discriminated against in favor of a less-qualified individual of any color, gender, or belief system. Reverse discrimination is still discrimination.

The majority of the readers of this blog will agree with this statement: Hillary Clinton was much better qualified to be President than Barack Obama. She should have gotten the job. Most of us feel that Obama benefited from “white guilt” voters who felt it assuaged their consciences to vote for the “poor black man” who has never had a chance at the office before. These are not grade school games, folks. We don’t need to take turns choosing team captains based on demographics. We just need to make it absolutely clear that we will not tolerate discrimination. We only need to be certain that the “old white men’s club” is not deliberately keeping women and minorities out.

I’ve heard and read many times that the dearth of women and minorities in Congress and Big Business management is somehow the fault of old white men protecting their turf from these newcomers. I take issue with that. I believe, based on my many years of experience as an employer and/or as the human resources manager at companies, that the majority of applicants for higher level positions are white males. If there is one female applicant whose credentials are about the same as the ten men who are qualified, she doesn’t have to be better than all ten to have a fair shot, she just needs to be “as good.” Based on qualifications, if she ranks second out of ten, she should not automatically get preference over the man who ranks first. The same goes for race, age, religion, or sexual orientation.

Also, I have been discriminated against in the workplace based on my gender. My profession is Office Manager. In my job searches, I have found that about 90% of the people making those hiring decisions have been female, and that they almost always give the job to another female. Why? Because it has come to pass that clerical positions are the turf of women. Men without MBAs have to take labor jobs to survive. Since I’m mildly handicapped, labor is out of the question for me. Since I am in my late 50s, that doesn’t help either. But because I was the best applicant for my current job, I got it.

Having had the chance to analyze this close-up over the last few years, it became apparent to me that the women HR Managers were hiring other women for the clerical jobs for a variety of reasons. One reason would appear to be that they are protecting their own turf, being true to the sisterhood, and making sure that these typically-female positions are reserved for females. I discovered along the way, and this has been confirmed by several women, that the other primary reason I was denied employment in an office full of women is that they don’t want a heterosexual man in their midst, especially a man old enough to be their grandfather. It kills the feminine atmosphere. Suddenly they can no longer speak freely amongst themselves about the things “typical” women talk about. Please don’t make me spell that out!

The same applies to men. I work for a construction company, and until lately, there were no female employees. I was hired for the position of Office Manager, which had always previously been given to women. Recently, a woman was hired as Office Manager for another company my boss owns. He moved her office into our building. Suddenly, with the addition of a female in the office, the men all have to start watching their language, what they talk about, what they look at on their computers, and so on. They curse less. They no longer discuss female anatomy. It’s like having your mother move in with you!

I haven’t heard a fart in weeks!

The company I work for is all male, mostly white with a few Hispanics. Not one single woman has applied for a job there since I started. Only about three black men have applied, and none of them had any experience. It’s not a deliberate cabal, a secret conspiracy to keep women and minorities out. It’s just that the job is hard work, requiring a lot of upper body strength, and quite a bit of First Aid. The hands of our workers are like chewed rawhide. Most men we hire can’t handle it, so we have a lot of turnover. That probably explains why no women have applied. I don’t know why we have so few black applicants. But what are we supposed to do? Must we recruit a bunch of inexperienced women and minorities, and refuse to hire experienced white men? We’d go broke in a month!

I’m convinced of this: there would be more women and minorities in all branches of business and government if people of those demographics applied or campaigned in equal ratios to white men. Why do we have only a few female senators? How many have run for those offices? How many white men have also run for those offices? If white male candidates outnumber female or minority candidates at a ratio of 20:1, which group will capture the most seats? So my point is that I don’t buy the argument that women and minorities are being “locked out” of the process. It’s strictly a numbers game. And it’s obviously changing, fortunately.

So I ask this favor of the women: before going off about how sexist men are, I hope you will first think about all the wonderful men you know. Guys like me! And sometimes Larry. )

And before making comments that seem to imply that the only difference between men and women is whether our reproductive organs are inside or outside, please consider that most men were never trained to be compassionate nurturers, and most women were never trained to kill the enemy with their bare hands. There’s more than plumbing that separates us. There are hormones, how we were raised, and how our peers pressure us.

And of course there’s that bathroom thing! No doubt about it, there really is a huge difference between pointers and setters!

Thank God!

What? An ACORN Spokesman Lied?? And Justice Not Served…

Saturday, May 30th, 2009

Hell to the yes, he did. You want to guess about what he lied? The Census and ACORN workers, that is. Oh yeah - our fears come true:



Remember those Black Panthers who were arrested in Philly for voter intimidation? Well, guess who’s got a friend in the White House? That would be the three men charged - amazingly, the charges have been DROPPED by the Justice Department! Oh, you know I’m not making this up:

Charges brought against three members of the New Black Panther Party for Self-Defense under the Bush administration have been dropped by the Obama Justice Department, FOX News has learned.

The charges stemmed from an incident at a Philadelphia polling place on Election Day 2008 when three members of the party were accused of trying to threaten voters and block poll and campaign workers by the threat of force — one even brandishing what prosecutors call a deadly weapon.

The three black panthers, Minister King Samir Shabazz, Malik Zulu Shabazz and Jerry Jackson were charged in a civil complaint in the final days of the Bush administration with violating the voter rights act by using coercion, threats and intimidation. Shabazz allegedly held a nightstick or baton that prosecutors said he pointed at people and menacingly tapped it. Prosecutors also say he “supports racially motivated violence against non-blacks and Jews.”

The Obama administration won the case last month, but moved to dismiss the charges on May 15.

Click here to see FOX News video from the scene on election day
.

Click to watch the incident on YouTube.

The complaint says the men hurled racial slurs at both blacks and whites.

A poll watcher who provided an affidavit to prosecutors in the case noted that Bartle Bull, who worked as a civil rights lawyer in the south in the 1960’s and is a former campaign manager for Robert Kennedy, said it was the most blatant form of voter intimidation he had ever seen. (Emphasis mine.)

In his affidavit, obtained by FOX News, Bull wrote “I watched the two uniformed men confront voters and attempt to intimidate voters. They were positioned in a location that forced every voter to pass in close proximity to them. The weapon was openly displayed and brandished in plain sight of voters.”

He also said they tried to “interfere with the work of other poll observers … whom the uniformed men apparently believed did not share their preferences politically,” noting that one of the panthers turned toward the white poll observers and said “you are about to be ruled by the black man, cracker.”

A spokesman for the Department of Justice told FOX News, “The Justice Department was successful in obtaining an injunction that prohibits the defendant who brandished a weapon outside a Philadelphia polling place from doing so again. Claims were dismissed against the other defendants based on a careful assessment of the facts and the law. The department is committed to the vigorous prosecution of those who intimidate, threaten or coerce anyone exercising his or her sacred right to vote.”

Golly, I am just SO surprised, aren’t you? I just never expected that Obama’s Justice Department would let these three men who were engaging in extreme voter intimidation off!! Ahem. Who am I kidding? Of course I did. I’m just surprised it didn’t happen sooner…

One last note - as a follow-up to all of the GM news, including the closing of plants about which I just wrote, I recommend this post by Uppity Woman, “Congratulations, Comrades and Comradesses! You Are Proud Owners Of Government Motors“! That pretty much says it all! What’s next? California?

Susan Boyle Open Thread

Saturday, May 30th, 2009

There’s no politics in this post! Although, from all the news stories, you’d think this was a bigger story than North Korea! Even South Park is in on the frenzy of worldwide publicity over Susan Boyle, a competitor on “Britain’s Got Talent,” and the televised final tonight in Great Britain (which means, I hope, that if we stay up tonight and check the news regularly, we’ll find out who won):

PatRacimora sent this video to our writers’ list the other day:

The video embedding is disabled, so go here to watch Susan Boyle in the semi-finals.

She blew the second note at the beginning and had a slight problem with rhythm throughout, but I think that that was entirely due to the enormous pressure on her.

If you’re REALLY hooked on Boyle, go to the home page for “Britain’s Got Talent” and check out all the competition and several more videos.

Why Can’t Obama Be Like Sotomayor?

Saturday, May 30th, 2009

(Bumped up from Friday morning)

Anyone else besides me bothered by the transparency in the information being released about Judge Sonia Sotomayor’s academic record compared to the wall of silence protecting Barack Obama? For example, we know that Judge Sotomayor finished second in her class at Princeton. She graduated Summa Cum Laude. How about Barack’s undergraduate record at Columbia?

Crickets. Nothing. We know he completed his undergraduate studies but did he receive academic honors? Did he graduate cum laude? Grade point average? Phi Beta Kappa? Barack and his campaign stonewall and we simply do not know. Now why is that? He has been duly elected, so this is not a challenge to his Presidency, but why would the “smartest” guy to ever serve in the White House obfuscate when it comes to his own academic marks?