Fred Thompson didn’t get the requisite 500 signatures to make it onto the ballot in Delaware for our Primary. Good Grief, he’s the national version of Protack.
Daily Archives: December 12, 2007
Mike Castle Wants to Reward Banks for F*cking Up
Mike Castle wants to shield banks from the consequences of providing crazy ass “NIJA” loans.
Not all investors in mortgage-backed securities are thrilled with the idea of freezing interest rates on hundreds of thousands of adjustable-rate mortgages, and some have threatened to sue if the deal goes through. They won’t be able to, though, if a bill sponsored by Republican congressman Mike Castle of Delaware becomes law. Castle’s bill would shield the mortgage banks from these lawsuits, giving them a free hand to go along with the administration’s bailout. This would do enormous damage to the reputation of securities backed by American debt.
As the NRO points out, this scheme to protect bank profits also hurts renters who have been hoping for a dip in housing prices and an opportunity to buy. The responsible people, “waited and saved for such an opportunity, even as others rushed headlong into mortgages they now find themselves unable to pay back.”
No matter. Mike Castle wants to protect bank profits at any cost. SCREW YOU RESPONSIBLE PEOPLE.
The problem with vaccines
Merck recalls childhood vaccine to prevent meningitis
I have a problem with vaccines. I don’t know how safe they are anymore. Do you? We all know how greedy these companies can be. Especially under this administration that has bent over backwards for Drug Companies. So when you see all these drugs rushed through the FDA then recalled later you have to ask yourself how safe are these vaccines? Do we really believe that the tests they go through aren’t biased? I don’t. Call me a skeptic.
You know damn well that a company like Merck knows it can it hit the mother load if they can get a drug to become a vaccine that the government requires all kids to get. Next thing you know an unsafe drug is being recalled and for the past how many years our children have been forced to take something that isn’t safe because of greed and incompetance (mostly greed). Don’t even get me started on the Flu Vaccine, that Donald Rumsfield made about 10 million dollars on two years ago and continues to make millions from b/c the company that produces the drug he has a few hundred thousand shares of and was an executive of.
So next time you see some whacko not wanting their kid to have a shot b/c of religious reasons. They may be crazy for it, but at least their kid may actually be safer than yours.
But hey the invisible hand will take care of all of this right? After a few kids die of course, but that is natural and the way the market should work.
The Bush Recession is Here in Time For Christmas
Well it looks like bogus Federal Reserve scams intended to prop up the DJIA don’t have the magic power that they used to. (As if proping up the DJIA was a valid goal inthe first place.)
So….
It’s official. Morgan Stanley has issued a “full US recession” alert.
Morgan Stanley has issued a full recession alert for the US economy, warning of a sharp slowdown in business investment and a “perfect storm” for consumers as the housing slump spreads.
In a report “Recession Coming” released today, the bank’s US team said the credit crunch had started to inflict serious damage on US companies. – Via Kos
Drinking Liberally Tomorrow
Drinking Liberally is this Thursday, Dec 13th at 8pm at Homegrown Cafe in Newark http://www.homegrowncafe.com/
We’re asking for canned food donations for the Delaware Food Bank. Please bring a can or two with you to donate for the needy during this holiday season. Some example items are listed below.
The first five people who show up will get a Drinking Liberally pin!!
Mike Castle Running as a Faux Democrat
This shit is so transparent it is laughable.
Castle, Pelosi, Lewis, Snyder Commemorate 50th Anniversary of Little Rock Nine
— December 7, 2007 Washington, D.C. — Delaware Congressman Mike Castle joined Speaker Nancy Pelosi and Congressmen John Lewis and Vic Snyder to recognize the desegregation of the Little Rock Central High School. The Little Rock Nine was a group of African-American students who were enrolled in Little Rock Central High School in 1957.
Three democrats. I wonder when Castle is going to start hanging around with Michael Moore or Barbara Streisand?
Those DEDO Ads on WDEL are getting on my nerves
When I hear them it is like nails on a chalkboard. In my other life I had a perfectly legitimate business opportunity (to expand my robotic pigmy Alpaca farm) and DEDO could not be less interested. I would say that I was treated with whatever is one notch above disdain.
The whole experience reminded me of how poorly economic development is handled in this state.
ps. My libertarian readers will be please to know that the venture is going forward with out help of the state.
Kilroy Calls It Quits
Local blogger Kilroy (aka John Allison) has decided that he can’t fight the system alone. He has decided to cease his involvement in all Red Clay affairs and resigning his post in the Republican party. I cannot figure out if that means he’s going to stop blogging. If he does, it will halve the number of spelling errors in the Delaware blogosphere.
The NJ figures out how to hammer in the last nail
Is this Beth Miller lead a nail in Protack’s coffin, or a nail in his palm? That is the question.
I’ve gotta think Coffin. It was pretty devastating. Al is talking about it now and I’m trying to get through but the phone lines seem jammed.