TCA (my initials)

February 14, 2009

the last diplomat

Filed under: politics — TCA @ 1:05 am

How do you think the U.S. would react if Barry McCaffrey and Wesley Clark were kidnapped in Washington by narco terrorists, held for ransom, tortured and eventually murdered? Welcome to Mexico.

The two biggest drug cartels aren’t located in Peru or Columbia. They’re right across the Texas border. And they’re totally out of control.

President Obama should appoint Bill Richardson U.S. Ambassador to Mexico. Do it now. Send him to Mexico City immediately. Here’s why.

You already know that he’s a troubleshooter who has negotiated in hotspots like North Korea. Did you know that he attended school in Mexico City with some of the people who now run that country? He doesn’t just speak their language. He speaks it with their accent.

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October 3, 2008

thank gawd it’s over

Filed under: politics — TCA @ 4:32 pm

Al Franken called the bailout bill “a sacrifice at the altar of financial mismanagement.”

Harry Shearer called President Bush “the boy who cried Wolfowitz.”

September 29, 2008

DoJ deBaathification

Filed under: politics — TCA @ 7:35 pm

A big news story was buried beneath Wall Street’s 777.68 point adjustment today. Special Prosecutor Named in Attorney Firings Case says the New York Times.

Meet the Special Prosecutor. Nora R. Dannehy was until very recently the Acting U.S. Attorney in Connecticut. She’s a graduate of Harvard Law School with 17 years experience as an Assistant U.S. Attorney.

chickens roost in House

Filed under: politics — TCA @ 6:52 pm

Talk about blowback. The chickens have come home to roost in the House of Representatives.

Former Speaker Newt Gingrich called for Treasury Secretary Paulson’s resignation last week.

Bob Barr, who is running for president as a Libertarian, posted The ‘Bailout From Hell’ Must be Rejected to the Huffington Post.

I don’t necessarily agree with anything that these gentlemen are saying, but I think that their opinions should be heard to gain an understanding of what the House Republicans want and don’t want.

September 27, 2008

postscript

Filed under: politics — TCA @ 11:59 pm

Dozens of economists signed a petition that said “we ask Congress not to rush, to hold appropriate hearings, and to carefully consider the right course of action, and to wisely determine the future of the financial industry and the U.S. economy for years to come.”

The petition is now little more than an ironic postscript. It’s no wonder that the U.S. Congress is currently less popular than the unpopular President Bush.

September 24, 2008

Al Franken’s bailout plan

Filed under: politics — TCA @ 6:54 pm

Posted to his website yesterday.

1. No blank check. “Not one dime should go to this bailout without independent oversight, real accountability, and complete transparency.”

2. Taxpayers get a stake. “If we’re footing the bill for keeping these companies afloat, taxpayers should get an equity stake so that we can share in the benefits when and if they get back on their feet.”

3. No golden parachutes. “In the public sector, there’s no such thing as a golden parachute. And if we’re going to sacrifice $2,000 for every […] taxpayer to bail out these companies, these executives are going to learn about sacrifice, too. So, all excessive compensation, bonuses, and severance agreements are hereby cancelled.”

4. Bring back oversight. “We need to restore the regulatory framework dismantled with George W. Bush in the White House […] so that this doesn’t happen again.”

5. Help homeowners. “The foreclosure crisis caused this problem, and we still haven’t taken the steps I’ve been proposing for months to address it. We have to freeze foreclosures and allow bankruptcy judges to re-set mortgages on primary residences.”

6. Protect consumers. “I’m calling for a new Financial Products Safety Commission with similar duties and powers to the Consumer Product Safety Commission.”

The former Saturday Night Live gagwriter and funnyman is the Democratic Party’s candidate for U.S. Senate in Minnesota. Former pro wrestler Jesse Ventura was governor there not too long ago. Unconventional candidates are possibly mass self-medication of Minnesotans for SAD, winter depression caused by sunlight deprivation. Just a theory of mine.

September 23, 2008

the hammer

Filed under: politics — TCA @ 10:56 pm

That was Henry Paulson’s nickname when he was at Goldman Sachs.

Here are some corrections to my previous post in this blog.

I referred to “Treasury Secretary Paulson’s demand of zero accountability to the U.S. Congress.” According to the New York Times, Paulson’s draft bailout plan required that he report to Congress within the first “three months […] and semiannually thereafter.” That’s right, once every other year.

I described a trillion dollar scheme. Truth be told, “The Secretary’s authority to purchase mortgage-related assets under this Act shall be limited to $700,000,000,000 outstanding at any one time.” Not a trillion dollars all at once.

However, I was correct about Paulson wanting to place himself on a pedestal above the courts. “Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.”

That said, my previous blog post was old news and irrelevant by the time that I published it.

U.S. Senators attacked Paulson’s draft bailout plan earlier today like a pack of stray dogs on a front lawn tearing a Sunday newspaper to shreds.

the trillion dollar hustle

Filed under: politics — TCA @ 3:28 pm

Synonyms for hustle include: Bunko, con, flimflam, and sting.

Definitions of hustle include:
1. To make someone act quickly.
2. To act aggressively, especially in business dealings.
3. To swindle.

Synonyms for hustler include: Operator, opportunist, self-seeker, and wire-puller.

Definitions of hustler include:
1. A shrewd or unscrupulous person who knows how to circumvent difficulties.
2. A person who places expediency above principle.
3. One who uses secret influence for his own ends.

“We have to DO SOMETHING ABOUT IT! RIGHT NOW! BEFORE IT’S TOO LATE! Because NO ONE SAW IT COMING!”

This is the biggest con since the Iraq invasion in 2003.

Cheney told Dick Armey that Saddam was going to give terrorists miniature atomic bombs that could be hidden in luggage. Armey said in an interview that he “deserves better than to be bullshitted by the Vice President.”

Is bullshitted a synonym for hustled? You might call Cheney’s bogus case for invading Iraq the Vice Precedent of the United States.

Some expert recently said that the U.S. government may actually turn a profit on the bailout eventually. It’s a talking point. It’s a keeper.

Iraq paid for the U.S. occupation of their country. With their oil revenues. Sure they did.

Former Treasury Secretary Paul O’Neill blew the whistle on neocons who openly planned to invade Iraq months before 9/11. Has anyone bothered to ask O’Neill what he thinks of the bailout proposal?

Why put so much money and power in the paws of a Bush cabinet member? Treasury Secretary Paulson’s demand of zero accountability to the U.S. Congress showed chutzpah that would have made Rumsfeld blush. Was Paulson intentionally making an impossible demand so that Bush could blame the Democrats for inaction? Or what?

Paulson’s insistence on being above judicial oversight defied the U.S. Constitution so dizzyingly that the architects of GITMO must have swooned. He clearly craves power. He’s acting like the corporate executive character that Ronny Cox played in Robocop.

Checks and balances? The checks are bouncing and the balances are all overdrawn. Congress and the courts are lame if they give dictatorial powers to a lame duck.

Bottom line: Is the USA a subprime loan? Foreign banks funding the National Debt want to know.

August 25, 2008

veepstakes

Filed under: politics — TCA @ 12:24 am

I would have chosen Rep. Loretta Sanchez instead of Joe Biden. She combines Hillary Clinton’s appeal to women and Latinos with Obama’s appeal to young voters. And, like Biden, she’s Catholic.

The recent Christian forum attended by McCain and Obama was held in her Congressional district. She won that district by beating longtime incumbent Robert “B-1 Bob” Dornan. I wouldn’t have dreamed it possible. Dornan fights so dirty that he makes Fox News look like a bunch of latte sipping wusses.

Her sister Rep. Linda Sanchez is a tough cookie, too. Linda Sanchez will be speaking at the Democratic National Convention on Tuesday. She chairs a House Judiciary Committee subcommittee that’s currently going toe-to-toe with Karl Rove.

May 30, 2008

original intent

Filed under: politics — TCA @ 9:42 pm

The U.S. Constitution is the real “contract with America.”

The First Amendment says “Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof.”

The Church of England is not the official church of the United States. The Catholic Church is not the official church of the United States. There is no official church of the United States.

The Second Amendment says “A well regulated militia being necessary to the security of a free State, the right of the People to keep and bear arms shall not be infringed.”

Militia means military. The British could no longer prohibit the United States from organizing a military.

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