Throw Good Money After Bad

Congress critters have the right to free speech. They also have the right to remain silent. There is a message there to those who would listen.

Senator Christopher Dodd (D-CT), is a lawyer and Chairman of the Senate Banking Committee. Representative Barney Frank (D-MA), is a lawyer and Chairman of the House Financial Services Committee.

“With regard to the automobile industry, certainly we should not throw good money after bad,” Senator Dodd said, “nor should we subsidize ineffective performance and inefficient production.”

Thank you, Senator, for that insightful, positive, and critical decree.

I need to analyze the players a bit before I get to the main point of this piece.

Senator Dodd and Representative Frank make the perfect pair. Combined, they are the Barney Rubble of the United States Congress.

I looked at the $700 billion Barney Rubble campaign finance bill and it is indeed an interesting pattern. See, Barney Rubble specifically enabled the formerly illegal activities that lead us into the “mortgage crisis,” then rejected all attempts to get Fannie Mae and Freddie Mac under control. Barney Rubble has blocked expanding domestic oil production because it is bad for us. (As an aside, Saudi oil minister Ali Al-Naimi told 60 Minutes last night that he is bullish on oil’s future and that expanding domestic oil production here is bad for us.) Barney Rubble did plenty more but you can Google it yourself.

I have been noodling about how this perfect storm of a financial crisis hit. Few scientists, fewer engineers, and no forensic guy believes in coincidence. It is almost impossible to believe that sheer happenstance conspired to put crooks in the banks, burst the housing bubble, jack oil prices, and more all in the same few months.

Somebody did it on purpose.

I nominate Barney Rubble.

Has our hero ever held a real job? Made anything with his (collective) hands? Yes, I used collective on purpose. Barney Rubble gave away $700 billion in handouts with scarcely a whimper but when three actual manufacturers who are the end source of more than a third of this country’s jobs asked for just five percent of that in loans, Messrs. Rubble know, absolutely know, that Congress needs to micro-manage the supplicants.

Boy, do I feel better about my tax dollars now. Congress gonna protect me from those evil auto makers.

Why?

My friend “Bob” posited the question, “Anyone know how to find which politician got money from which source?

“My guess is,” he said, “you will find that the car companies haven’t been making their proper political contributions like the lads on Wall Street.”

Christopher Dodd has received $21,202,690 in contributions. His top contributors include security brokers and investment companies, lawyers, the insurance “industry,” banks, investment banks and hedge funds, and, of course, lobbyists.

Barney Frank has received only $4,231,044 in contributions. [Piker.] His top contributors include lawyers, UBS Americas, Brown Brothers Harriman & Co, JPMorgan Chase, Ernst & Young, the Credit Union National Association, and Independent Community Bankers Of America.

“Bob” was right. Not a single car company on the list.

Money doesn’t buy influence, right? Our Congress Critters would never sell their votes, right? Right?

To paraphrase “Bob,” if you pay off Barney Rubble, he treats you right. If you diss him, he burns you. Just like the Mafia. Our Congress.

Main Point: Starting today, certainly we should not throw good money after bad, nor should we subsidize ineffective performance.

Not one single Representative or Senator has offered to work for $1 per year. The car company CEOs are.

Not one single Representative or Senator has offered to give up their aircraft. The car company CEOs are.

BROKEN NEWS

We are doomed. Sell your automobile stock right now. Representatives Nancy Pelosi and Barney Frank held a news conference today.
“Come March 31,” Speaker Pelosi said, “it is our hope that there will be a viable automotive industry in our country with transparency and accountability to the taxpayer.”

Under the plan, automakers will be given $15 Billion in loans.

That’s a win–win for Congress. Barney Rubble can say “We did all we could but they screwed the pooch.” Sure enough. Since $15 billion is less than half what the companies need to weather the crisis, they might as well fold their tents now.

“How could you possibly accept the same management to run restructured companies that have driven us into the ditch we are in?” Senator Dodd asked.

Was he talking about the automakers or the Congress?

Paraphrasing Senator Richard Shelby (R-AL), The model of this Congress is failure. This Congress has already failed and should we rescue them? I say no.

Senator Dodd almost said it. Starting today, with regard to the United States government, certainly we should not throw good money after bad, nor should we subsidize ineffective performance.

Thanks to Senator Dodd, we don’t have to.

Say, hey, IRS. It’s been real but I’m afraid you won’t be getting any more checks this year. Senator Dodd says NO to throwing good money after bad.

And about Barney Rubble? I’ve said it before. It’s time to throw da bums out and start over.

Didya Vote?

The polls have closed in the East so I figure it’s safe to tell you how I voted as opposed to telling you over and over how you ought to vote. We have to whisper, though.

I voted for the old white guy instead of the young black guy or the other old white guys or all the other guys.

I know, I know, I said I was going to vote for Paris Hilton. And I did engender a brief flurry of interest in the Pick Dick campaign. I thought about Jimmy Buffett but his running mate never made the news. I would have voted for his uncle but he was never really a candidate.

Down here by the southernmost point in these semi-United States our ballots had 14 bona fide offices contested plus six judges up for retention. We also decided on six amendments to the state constitution, numbered 1 through 8. It’s Florida. Go figure.

I didn’t count how many candidates there were in total but 13 people wanted my vote for President. We have now elected a Congress critter, a state attorney, a state representative, a Sheriff, a property appraiser, the superintendent of schools I wrote about earlier, the supervisor of elections, three county commissioners, and two members of the mosquito control board.

The Mosquito Control Board is a big deal here simply because mosquitoes are. Here, that is. The Board controls about a gazillion dollar budget but no longer flies the old fleet of DC3s at treetop level to scare the mosquitoes to death. Now they drive around spraying from little pickup trucks and fly helicopters lower than Homeland Security. I did not vote for the candidate who was in jail at the time of the election. Joan Lord-Papy was one of three votes I cast for an incumbent.

Mostly I took my own advice to “Throw Da Bums Out.” The other two office holders I voted for were Congresswoman Ileana Ros-Lehtinen (R-Florida) and Property Appraiser Ervin Higgs, a Democrat. Ms. Ros-Lehtinen ran a reasonably clean campaign (a serious rarity in South Florida politics where the Diaz-Balart brothers, Raul Martinez, and Joe Garcia alone refilled Lake Okeechobee and the Everglades with mud). She may also be the only Republican who retains a seat in Congress this year if my vote has anything to say about it.

Unfortunately, every Democrat running will be returned to office, too.

The negatives were huge on both sides of the State’s Attorney contest so I held my nose and voted for the challenger.

State Rep. Ron Saunders will continue as the Keys representative. It’s nice that he seems like another of the good guys because Republican challenger Ernie Hernandez withdrew from the race in September. Hernandez was a mystery. He did not talk to reporters, attend candidate forums, or gladhand anywhere. His name remained on the ballots printed before he withdrew. The Elections Office will not count votes for Hernandez.

The Sheriff’s Office was an open seat but one candidate has served in that department for 27 years, is currently a Captain there, and got the retiring Sheriff’s endorsement. That’s as close to incumbency as it gets. I voted for the DEA guy.

Two of the three County Commission seats were open so I voted for one Republican, one Democrat, and one NPA. I figure party politics has no business on a Town. City, or County board. The Democrat I chose, Heather Carruthers, runs a “we are not gay” guest house for women only. She got hammered unfairly for that in the campaign. She has also taken the lead in reining in Citizens Insurance, the insurer of last resort who carries my hurricane insurance here at great cost to me. She seems like one of the good guys.

I’ve had trouble finding anything about the judges on the ballot. The Florida bar said their lawyers “overwhelmingly recommend” retaining all those on the ballot. Here’s how they define “overwhelmingly”: A secret ballot was mailed in August to 62,779 lawyers residing and practicing in Florida (the Bar has more than 84,000 members–I don’t know what happened to the other 21,000-odd lawyers). 4,132 lawyers participated in the poll. Yeppers, I’m overwhelmed alright.

The anti-abortion crowd asked, How does Justice Wells vote on pro-life issues? The anti-abortion crowd is, as usual, off base. He’s not a U.S. Supreme Court Justice so his position prolly doesn’t matter. More important in all the retention choices is how closely to the law did the judges hew and how well did they manage their courtrooms.

The spouse of circuit judge candidate Tegan Slaton is Public Defender Rosemary Enright; that requires him to recuse himself from cases defended by the P.D.’s office. I hated to vote against Mr. Slaton because he was the better candidate on paper, but his inability to hear the majority of criminal and juvenile delinquency cases took him out of the running.

In addition to wanting term limits for elected officials, I disapprove of changing a constitution every time the wind blows. Two amendments are life-changing.

Fortunately, Constitutional amendments need 60% support to pass.

Number 1 asks to delete the provisions that allow the Legislature to prohibit ownership of real property by aliens who cannot become citizens. In 1926, that meant Chinese immigrants. 80 years later, alien means anyone who remains a citizen of some other country.

You already know what I think of Defense of Marriage amendments. I expect Number 2 to fail here in Monroe County but this is red state Florida and it has a lot of advertising oomph around the state. The amendment failed to get enough signatures to make it to the 2006 ballot but the supporters pushed it on this year. It’s a bad amendment because it segregates citizens and because it will cost a fortune to defend.

That’s the only citizen-sponsored amendment on the ballot–the others are housekeeping, put there by the Legislature and a tax commission to “clean up” language that governs how properties are assessed: a couple of current use tax exemptions, 15 cents on the property tax to pay for the air ambulance, and the penn(ies) on the sales tax for community colleges. I apologize, but I did vote for allowing assessments based on current use. I voted against all the others.

Back to the old white guy.

<sotto voce> Denny Crane </sotto voce>, of course.

Unfortunately, the election is over. We all lost.

Obama a Great Christian

You will never hear the words “We want to enslave you” from a left-wing American politician although most left-wing politicians will have you believe their counterparts, the right-wing politicians, want to keep slaves.

The North American Freedom Foundation (NAFF) defines slavery as “forced, unpaid service or work.” They include this caveat: “Due to its graphic content, this website is not suitable for children.”

That definition of slavery as the systematic exploitation of labor is incomplete. “Chattel slavery” refers to people who are the actual or apparent property of another person, company, or government. Let’s repeat that for emphasis: Chattel slaves are the apparent property of a government.

And we haven’t even thought about wage slavery, peonage, debt bondage, or indenture. Or the fact that slaves cannot refuse to work (“unemployment” as well as “workfare” programs). Slaves cannot leave home without explicit permission (meaning they need a passport). And so on.

Evidences of slavery predate the written history in Sumer where history itself began; man has enslaved other men on every continent and in every time that man has lived. It is so pervasive that the Universal Declaration of Human Rights of 1948 states: “No one shall be held in slavery or servitude; slavery and the slave trade shall be prohibited in all their forms.” Period.

There is a moral absolute there.

Many religions (including the entire Judeo/Christian/Islamist hierarchy) hold that their systems of morality derive from the commands of God.

There is an opposing moral absolute in religion.

Slavery “was established by decree of Almighty God … it is sanctioned in the Bible, in both Testaments, from Genesis to Revelation … it has existed in all ages, has been found among the people of the highest civilization, and in nations of the highest proficiency in the arts.” Jefferson Davis said in 1850. “The right of holding slaves is clearly established in the Holy Scriptures, both by precept and example.” Baptist minister Rev. R. Furman said.

Huh. The Bible endorses slavery?

Well, yes. Our Bible indeed recognizes and regulates the practice of keeping slaves (see Colossians 4:1, Deuteronomy 15:12-15, Ephesians 6:9, and First Timothy 6:1-2).

Makes slavery the Christian thing to do, innit. Slave owners would agree. Slave owners must provide everything for their slaves: housing, education, medical care, protection, and love. They do what is best for their slaves.

It’s the Christian thing to do.

Are Americans slaves?

The government already supplies most education, some housing, police protection, and guards the borders against all ingress as well as our egress.

The government Senator Obama would lead wants to take over all the medical care and love, too.

It’s the Christian thing to do.

Senator Obama has one moral absolute: he would lead all Americans on the path of righteousness for its own sake. In his world that is the path of total care, from cradle to grave. His left wing policies would take the sweat of our brows, all of it, and “give” us back our guards, our housing, our medical care, our policing, and our schooling. And, of course, his government would love us totally.

Yeah, yeah, I’ve heard about the “tax cuts.” Anything that increases the national debt ain’t a tax cut.

Owing your soul to the Company Store is slavery, no matter how you gussy it up.

Barack Obama must be a great Christian to want to further enslave us that way.

After all, it’s the Christian thing to do.


The news is all Election all the time. Even I have written about it a couple of times. Conventional wisdom holds that voters don’t usually think about the election until after the World Series. This is not a usual year. The Phillies and Tampa Bay are in the World Series. Most peeps don’t even know Tampa Bay has a baseball team so there is nothing else to talk about.

This morning, Radio Guy asked TV News Guy, “Is there anything else going on out there?” There is. There’s a school shooting in maybe Arkansas with a couple of deaths. I couldn’t even find that on Google news. And a TV news anchor, severely beaten in what police think was a random attack, has died. Oh, that was in Arkansas.

Throw da bums out. Then we’ll have something worthwhile to talk about.

Throw Da Bums Out, IV

The theme of this series has been the need for some loose cannons in politics. The Democrats (almost) have one as a V.P. candidate. The Republicans (almost) have two with John McCain’s surprise pick of Sarah Palin as his V.P. candidate. More than anything he has done in the last decade, that shows he still has a maverick streak. Despite the fact that James Garner will always be Maverick.

That’s a good thing. We need a loose cannon running for President, darn it. After all, the President sets policy, not the Vice President. The President writes pardons, not the Vice President. The President vetoes bills, not the Vice President. The President gets the glory and the barbs, not the Vice President.

I doubt it is enough.

Every candidate–incumbents included–since 1792 would have you believe he is an “agent of change.”

Candidates who want to “change the system” don’t want to change the system; candidates who want to change the system actually want their own policies implemented in the system. A true loose cannon doesn’t care about the system. A true loose cannon will subvert the system and find a way to get some real work done.

Change.

I am no longer a Republican Town Chair (political parties organize committees at the township level to nominate candidates, refine platforms, and get people elected) mostly because I now vote in Florida but also because even in liberal Vermont the Republican party has gotten too impressed with its dogma and not impressed enough with accomplishing anything.

I really may join the Librarian party.

Did you know there are more Library card carriers in these United States than there are card carrying Repuglicans and Demodonkeys combined?

Not only that, the Librarians are mostly willing to stand up to those who would erode our liberties by making us declare what we read. I may feel compelled to tell you what I’m reading but I hate being compelled to tell you what I’m reading.

“I do solemnly swear (or affirm) that I will faithfully execute the Office of President of the United States…” A Librarian taught me that.

So what offices most worry us?

Remember the five basic responsibilities of Government. That means the next president needs to (1) teach the kids, (2) build the roads, (3) share knowledge and (4) encourage growth, and (5) keep other people including the government itself from robbing or nuking us.

(1) In the wake of the current “No Child Gets Ahead” program, none of the candidates is talking much about schools. A loose cannon in the Oval would surely understand that today’s first graders will pay my children’s Social Security.

(2) In spite of the epidemic of bridge collapses none of the candidates is talking much about roads. A loose cannon in the Oval would see there is a better way to fix the roads than “borrowing” from the transportation tax revenues for the general fund.

(3) Sharing knowledge has slipped from everyone’s radar. Every administration has tried to restrict information flow, whether about government action or scientific data. A loose cannon in the Oval would see that each good, open, scientific program has moved us from rolling stones on logs to rolling Rovers on Mars.

(4) Encourage growth? The dirty secret of the economy is this: the rate of invention, the rate of production, and actual income have all fallen, year after year after year. Popularly quoted statistics show only that our population and inflation have both grown. In fact, the population has doubled since 1950. More people mean more stuff but the rate of making stuff isn’t keeping pace. A loose cannon in the Oval would see that putting people to work is far better than talking about how it’s all working.

(5) Every American has heard about the pork-barrel spending^H^H^H^H, er, the “Omnibus Spending Plan.” Doesn’t that sound like the diesel fuel spreadsheet for a public transit company? There is no spreadsheet in it. Did you know the last 40,000-page Omnibus Spending Plan was bigger than Thomas Jefferson’s entire library? A loose cannon in the Oval would see there is a better way to spend my money than with an Omnibus Spending Plan.

I’m back to Paris Hilton.

If Ms. Hilton joins the Librarian party, I’ll vote for her. Heck, if she gives us a 30-second lesson in economics, I’ll vote for her in a heartbeat.

Unfortunately, the Librarians are all whackos who keep trying to shush me.

The only other choice is to vote for me at DickHarper.com/campaign . Keep trying. The site is very popular and very busy in this campaign season and it may time out.

Throw Da Bums Out, III

The rain that started last night continued this morning. I awoke at 1:15 to shut down the westerly windows.

Westerly is one of those odd words that means not only “facing the west” as I just used it but also “from the west” when writing of the wind and even “westbound” in the sense of moving toward the west as Daniel Defoe wrote. It is also is a train station in Rhode Island but not, to my knowledge, in Delaware.

The theme of this series is that we have been rained on enough; now we need a loose cannon in Western politics. The Democrats almost have one (actually two, if you count Vermont’s former governor, Howard Dean) in Joe Biden, the newly anointed Vice Presidential candidate.

Senator Biden is not a westerly candidate although he is considered a westerner everywhere else in the world. Except he is from the East so he is considered an Easterner here. Isn’t English wonderful? I like Senator Biden. He is a bright, thoughtful, articulate man who is absolutely unafraid of speaking his mind.

Unfortunately, Senator Biden’s assigned role is not that of loose cannon nor even “general smart guy.” Senator Biden’s assigned role is assistant principal. He gets to wield the paddle and chew on Senator McCain (his first major speech will portray Senator McCain’s chief financial advisor as Scrooge McDuck). Paris Hilton did it better. Worse yet, if Joe Biden spends all his time tearing down the other guy, he won’t have time to build better policy. Business as usual in the V.P. department.

The Obama/Biden theme is supposed to be “change.”

Candidates who want to “change the system” don’t want to change the system; candidates who want to change the system actually want their own policies implemented in the system.

A true loose cannon doesn’t care about the system. A true loose cannon doesn’t care about what the other guy does. A true loose cannon will subvert the system and find a way to get the real work done.

And we still need one running for President, darn it. After all, the President sets policy, not the Vice President. The President appoints the judges and signs the Executive Orders, not the Vice President. The President gets the public glory and the public pratfalls, not the Vice President.

The Republicans need one and there is still a (slim) chance they’ll pull it off. I’m not holding my breath.


In the upcoming (and we all hope final) episode of this series about the relative merits of balls for ordnance, I will explain why I really am joining the Librarian party.