Freedom is so passe at Ground Zero.
Friday, March 27, 2009
Thursday, March 26, 2009
The election is on Tuesday. If you can, give. If you can, vote for Murphy.
MEXICO CITY - The United States is at least as responsible as Mexico for the violent drug wars that are roiling its southern neighbor because of an insatiable US market for narcotics, the failure to stop weapons smuggling southward and a three-decade "war" on drugs that "has not worked," Secretary of State Hillary Rodham Clinton said Wednesday.
"Our insatiable demand for illegal drugs fuels the drug trade. Our inability to prevent weapons from being illegally smuggled across the border to arm these criminals causes the deaths of police officers, soldiers and civilians," Mrs. Clinton said.
"How could anyone conclude any differently? . . . I feel very strongly we have co-responsibility," she said.
Wednesday, March 25, 2009
I have the utmost respect for the civic duty that you are now performing at A.I.G. You are as blameless for these credit default swap losses as I am. You answered your country's call and you are taking a tremendous beating for it.
But you also are aware that most of the employees of your financial products unit had nothing to do with the large losses. And I am disappointed and frustrated over your lack of support for us. I and many others in the unit feel betrayed that you failed to stand up for us in the face of untrue and unfair accusations from certain members of Congress last Wednesday and from the press over our retention payments, and that you didn't defend us against the baseless and reckless comments made by the attorneys general of New York and Connecticut.
[...] I'm not sure how you will greet my resignation, but at least Attorney General Blumenthal should be relieved that I'll leave under my own power and will not need to be "shoved out the door."
UPDATE FOR THE GALATICALLY STOOPID It seems there's some discussion that DeSantis was "one of the good guys", brought in to fix the problem.
That's simply not the case, by his own admission. DeSantis has been employed by AIG for eleven years and worked his way up to his current position as EVP in the Financial Products division. Furthermore, former AIG chairman and CEO Hank Greenberg, in 2005, warned on his way out the door (thanks to Eliot Spitzer, who really was ahead of the curve on this) with regards to the mortgage debacle and AIG's exposure issues.
At which point, Cassano, DeSantis' boss, DOUBLED THE EXPOSURE!
Furthermore, the truly quasarly idiotic have downplayed the losses at the FP, comparing them somehow favorably to the losses at the insurance unit.
Utter rubbish. Although the life insurance division earned $6.9 billion, the financial services division lost $40.4 billion, according to the annual report I have looked at.
The other two business units, asset management and general insurance COMBINED lost $1.1 billion dollars.
Tuesday, March 24, 2009
The governor, a rising Republican star, questioned why "something called 'volcano monitoring' " was included in the nearly $800 billion economic stimulus bill Obama signed earlier this month."Instead of monitoring volcanoes, what Congress should be monitoring is the eruption of spending in Washington," Jindal said.
Alaska's Mount Redoubt volcano has erupted six times since late Sunday, spewing ash 9 miles into the air. This photo, taken from a Webcam, shows the volcano on Monday. Based on Mount Redoubt's patterns, scientists said the eruptions could continue for weeks or months.
Too often, we talk of the "cult of personality" in negative terms: the pampered athlete who has feet of clay, or the politician or cultural authority who manipluates his or her audience to become slavishly addicted to his or her tastes (usually promoting a particular brand or style).
SOUTH BEND, Ind. (AP) — The University of Notre Dame is sticking with its invitation to President Obama to speak at its May 17 commencement despite criticism from some Roman Catholics that his views on abortion and stem cell research run counter to Catholic teachings.
"I don't foresee a circumstance in which we would rescind the invitation," Notre Dame spokesman Dennis Brown told The Associated Press in an e-mail message Monday.
The Cardinal Newman Society, an advocacy group for greater orthodoxy on Catholic college and university campuses, calls Obama's commencement appearance "an outrage and a scandal." It has set up a Web site seeking donations and signatures for a petition to protest the invitation to the Obama.
The Rev. John Jenkins, Notre Dame's president, issued a statement Monday saying the invitation did not mean the university supports all of Obama's positions.
"The invitation to President Obama to be our Commencement speaker should not be taken as condoning or endorsing his positions on specific issues regarding the protection of human life, including abortion and embryonic stem cell research," Jenkins said.