Monthly Archives: October 2009

Spirit Of Law

barrister wig copy

Spirit Of Law in America is unequivocally, unwholesomely and unapologetically Mercenary.  One can guess — rah rah, New World Order — that it is similar throughout developed countries.  Do as we say AND as we do, in THIS instance, bearing in mind that doing as we say while IGNORING what we do is at other times the order of the day.  To keep things lively, one is now obliged to GUESS at what is Required. When one considers Development, I really do think that DEVELOPING INTO WHAT is a ball on which we are meant to continually train our sensibilities. 

Gordon Covitz has an on-point opinion piece in the September 27 Wall Street Journal entitled, “You Commit Three Felonies A Day.” It focuses on how leap-and-bound advances in technology compound the abiding twin problems, Vagueness and Slowness, that already infect and debilitate an embarrassingly infamous American Legal System.

http://online.wsj.com/article/SB10001424052748704471504574438900830760842.html

It’s twue, it’s twue.  Now we don’t know what the hell we’re doing at warp-speed.

But kindly allow me to direct an interrogation-grade klieg light onto three fly-over points that are playing quietly, like middle children, within the article.

UNO:  ”This is a common problem in securities laws, which Congress leaves intentionally vague, encouraging regulators and prosecutors to try people even when the law is unclear.”

DOS:  ”‘Since the New Deal era, Congress has delegated to various administrative agencies the task of writing the regulations,” even as “‘Congress has demonstrated a growing dysfunction in crafting legislation that can in fact be understood.’” Prosecutors identify defendants to go after instead of finding a law that was broken and figuring out who did it.”

TRES:  ”These miscarriages are avoidable.” 

 Um, er, ah . . . B.ull S.hit, M.ore S.hit, P.iled high and D.eep.

Which segues to a Truth that I  mention whenever it is germane to a conversation.  AMERICA’S IVY LEAGUE UNIVERSITIES ARE CRANKING OUT A DISPROPORTIONATE NUMBER OF RATS.

Mercenary + Mean-Spirited = Double Trouble.

Open Letter To Linda McMahon

Wrestling . . . ewww.

That said, that’s me.  Boxing assaults my senses, too.  Being free to deviate to your own drummer is basic to Liberty, yes? 

Arnold Eww CLEARLY, millions upon millions upon millions of sports and/or teevee enthusiasts differ with me on the Compelling Quotient of wrestling.  I couldn’t wrap my mind around it even back in high school.  It looked so . . . gay. And those COSTUMES.  Seriously, enough to make you avert your eyes. Like a guy older than, oh, about THREE years old who wears a bikini and who is not in/shortly in/freshly out of water in which he rigorously competes in SOMETHING the performance of which is inarguably enhanced by wearing that eye-averting garment.

Different strokes for different folks.  That’s what Liberty is all about, when you get right down to it.

CAN we get right down to it?  Can I just go ahead and speak my mind, without continually editing myself so as not to offend the politically correct Milquetoasts or alert the politically INcorrect Surveillance Specialists?  I don’t often have cause to quote Joan Rivers but, CAN WE TALK?

I applaud your U.S. Senate run, representing Connecticut.  Scratch that — think, WRESTLING.  I hoot and holler and boo-yah your run for United States Senator (R – CT).  The only thing that would inspire me to jump up on my seat and mug for the camera would be if you changed your party affiliation to No Affiliation. UNAFFILIATED is a good thing. INDEPENDENCE is a good thing.

Longtime Senator Christopher Dodd, Chairman of the BANKING, HOUSING and URBAN DEVELOPMENT Committee, is up to his eyeballs in alligators with the manmade disaster that is oh-so-conveniently labeled an Economic Crisis. Euphemisms R Us.  He and Barney Frank, both.  Up. To. Their. Eyeballs.  To my way of thinking, BOTH of them should be relieved of their offices, stripped of their pensions and banned from politics.  From Finance, too, for good measure.

LOVE the kicker that Christopher Dodd, as a VIP Friend of racketeer Anthony Mozillo of Countrywide notoriety, got a preferential home loan . . . AND claims to be unaware of any special terms.  A BANKING Chairman unaware of the terms of his loan?  CORRUPT OR STOOPID, take yer pick.

The word on the little-s street is that your Opponents will endeavor to discredit you principally on three grounds:

1.)  You are throwing a wrench in the spokes of the The Machine by, gasp, taking your own risks with money out of your own coffers.  Not that they word it exactly like that.

2.)  Wrestling is crass and undignified.  Ergo, you and your family are crass and undignified, which renders you unsuited to American politics.  Crass and undignified simply wouldn’t DO in American Politics.  Corrupt and unethical, a-okay, but crass and undignified?  Outta the question.  We’ll leave Sarah Palin out of this for the moment.

3.)  You have donated to both the Democratic and Republican National Committees. Because your opponents want “their” guy to win, this is suddenly not the the much-heralded Bipartisanship that is supposedly coming into fashion but, rather, duplicitous and self-serving bet-hedging.  You can’t please all the people all the time, and no good deed will go unpunished.

It is my ardent hope that you will approach this campaign and your opposition in the spirit of Jeannie Riley’s, “The Day My Mama Socked It To The Harper Valley PTA”  and Bomshel’s “Fight Like A Girl.”

1.)  No small part of our Trouble is owing to High Flyers playing fast and loose with Other People’s Money.  How dare ANYONE talk about ANYONE spending their own money, after Barack Obama conducted the costliest, lengthiest campaign in our nation’s history, on anyone and everyone’s money but his own.  American Politics are NOTHING if not Big Business.  Competitors ALWAYS criticize the competition. The best way to do a thing is the way that works.  Full control.  Beholden to no one.  RIGHT ON.

I compare your take-your-own-risks-and-owe-no-one approach with Peter Schiff’s methodology.  Though he ALSO has a personal fortune, he wheedled a million bucks out of people with LESS money, in order to “talk him into” running. Come to think of it, there IS no comparison.  The very idea of people of greater means milking people of lesser means for money to “explore” taking a risk with Other People’s Money is just all kindsa screwed up.  And then, THEN, he encourages his clients to invest in China while encouraging constituents to invest in HIM for U.S. Senate. That’s even more messed up.  

Savvy investing is a passive thing.  Big Business is hands-on.  America doesn’t need more fancy pants Financiers and Market Gurus.  America needs American Ingenuity, to be sure, but not in the guise of Passive Investors. Good ideas make money materialize, not the other way around.  America needs American Ingenuity of the get-er-done Producer variety.  America needs leaders who know how to control costs, coordinate policies, organize systems, motivate and herd people . . . that has GROUNDBREAKING CEO written all over it.

HOLD THE MIRROR UP TO AMERICA.  MAKE AMERICANS LOOK AT THE PURCHASE OF THEIR PRESIDENCY. MAKE AMERICANS LOOK AT THEIR OWN LUST AFFAIR WITH MONEY.  BE NOT AFRAID TO CALL THE KETTLE WROUGHT IRON.  BUT DO BE AFRAID TO CALL THE KETTLE BLACK, ‘CUZ THEN THEY’LL CALL YOU A RACIST. 

2.)  Wrestling IS crass and undignified, in my book.  So are enemas and catheters and bed pans.  So are many computer games and movies and television shows. Dance Your Ass Off!  Puh-lease.  And just ‘cuz American Politicians flatter each other by referring to themselves as DISTINGUISHED COLLEAGUES, and just ‘cuz American People flatter each other with Political Correctness, doesn’t mean that American Politics aren’t crass and undignified.  They are.  In spades. Ask anyone but the people who are employed in or addicted to American Politics.

They will attack your husband for whatever they’ll attack him for — Inferior Character is popular amongst the build-em-up-to-knock-em-down crowd.  How could he DO that to his daughter.  You point right to Bill Clinton — how could he DO that to his daughter?  Compare choreographed stunts with clandestine trysts.

The Clintons have sold themselves as a 2-for-1 special.  Really?  Bill Clinton solicits money from foreign governments while his wife acts as our Secretary of State. Conflict of interest, anyone?  Your family is All American by comparison.

Your philanthropic record is stellar.  How generous are Chris Dodd and Peter Schiff?  I mean, with their OWN money.

HOLD THE MIRROR UP TO AMERICA.  MAKE AMERICANS LOOK AT THE DEPRAVITY OF THEIR RUBBER NECKING AND THE UNTHINKINGNESS OF THEIR STAR WORSHIP AND THEIR CRAVING OF SHOWMANSHIP AND THEIR TOLERANCE LEVELS FOR VIOLENCE AND, AGAIN, THEIR LUST AFFAIR WITH MONEY.

3.)  A child can see that Republicans and Democrats are the flip side of the same coin that is being changed in the temple of Governance — read that, man’s lordship over man.  Anyone with half a brain and a fraction of a heart can see that the acclaimed Political Process is littered with self-serving, egotistical, opportunistic charlatans.  Anyone who commits to straight party line is either an Extremist or a Simpleton.  I will argue that we already have more than enough of those represented.

Currying favor or supporting both parties, however you want to spin it, is SMART. Anyone who says you aren’t smart is, in a word, Stupid.  You CLEARLY have your hand on America’s pulse and you are CLEARLY a superlative businesswoman.  How many Sitting Senators and Savvy Financiers can say THAT?

ALCOA, Inc. rhymes with WHOA, Stink!

I am amazed and bemused [politically correct for effin' incredulous and totally pissed off] that the faux prude iron fist of government is coming down on cussing. Not insider trading.  Not scam artistry.  Not collusion.  Not monopolistic practices. Not conspiracies in restraint of trade.  Not market manipulation.  Not creative accounting.  Not racketeering. Not lying through your teeth.  NONE of the stuff that “landed” us in this financial CLUSTERF*CK.  

No, Sir-ee.  They’ve got their knickers in a twist over SWEARING.  Diversion, anyone?

Self-important Officials of the increasingly intrusive and authoritarian government of the United States of America place not the slightest priority on getting us out of the QUAGMIRE in the Middle East, which daily features mayhem and carnage that is beyond description AND of our own execution.  No way, Jose.  These self-righteous, hypocritical, well-remunerated, indeed courtly members of Congress would bring the house down on that age-old bugaboo, off-color language.

Is it permissible to say OFF-COLOR, or is that now considered racist?  

They who would have the Hordes spend their precious few non-working hours filling out meaningless forms, those who would dampen even fleeting hours of freedom by enjoining counterproductive and punitive regulations upon the very fellow citizens who pay their handsome salary and benefit packages do not even crack down on identity theft, bane of ordinary Working People and Taxpayers.  

Identity theft is right down there with the lowest of the low, is it not?  But it is so very profitable.  Not only is identity theft profitable to identity hijackers, identity theft is a mother lode for mercenary minds who devise ever more elaborate security systems, devices, gizmos, gadgets and widgets.  And ever more expensive insurance policies.  So we can exercise personal responsibility by forking MORE money to guard against the regularity with which American Laws are twisted, sidled, bent and broken with impunity.

Law enforcement in America is capricious and mercenary at its best, brutal and mercenary at its worst.  Me, I will argue that the Powers That Be are setting Law Enforcement up as scapegoats to both feel and fuel understandable-some-might-say-overdue public ire.  Self-absorbed “leaders” who are snug in their ivory towers send Law Enforcement, as they do with our Military, into harm’s way to do the dirty work attendant to power mongering.  Just like pampered CEO’s of major corporations leave middling and quite beleaguered employees on the front line to get lambasted by an understandably irate consumer base.  

American quote-unquote Officials have hounded Vancouver, B.C. pot activist Marc Emery LIKE AN ANIMAL, for years, culminating at last in his imminent extradition to the oh-so-punitive-when-it-comes-to-marijuana United States.  What WUSSES the Canadians are to facilitate this charade of law enforcement and travesty of justice.  Accomplices, nothing less.  

Marc Emery’s unforgivable crime?  Selling marijuana seeds.  Say it ain’t so!  Not THAT!!

Marc Emery faces up to five years in prison.  Hank the Bank Paulson is living the Life of Riley.  He was “obliged” to sell his Goldman Sachs shares at peak market when he swept through America’s WHOOSH-iest revolving door, specifically when he did the time-honored two-step from Goldman Sachs CEO to U.S. Treasury Secretary.  That transaction is reported to have been worth a cool FIVE HUNDRED MILLION DOLLARS.  

http://www.vanityfair.com/politics/features/2009/03/wall-street-bonuses200903

E. Stanley O’Neal was the CEO who stewarded venerable Merrill Lynch into near-collapse, which was averted by Bank Of America bailing out Merrill Lynch . . . and the Government-read-that-Taxpayers bailing out Bank Of America.  E. Stanley O’Neal was the buck-stops-here Big Shot who stewarded the 50% vaporization of even low-risk portfolios, such as my own.  But the buck did NOT stop with E. Stanley O’Neal.

The E. stands for EARNEST, if you can believe it.  Earnest Stanley O’Neal did not “merely” scoot off scot-free. Earnest Stanley O’Neal STRUTTED into the sunset with a BONUS of over FIFTY MILLION DOLLARS.  The way I see it, this son-of-a-bitch owes me some money.

But E-NOT-Earnest Stanley O’Neal did NOT ride off into the sunset, to quietly enjoy his ill-gotten gains in the splendor of his swanky Manhattan residence.  Come to find out that E-NOT-Earnest Stanley O’Neal was appointed to the Board of Directors of ALCOA Inc.  I don’t get it.  Is the connection that E. Stanley O’Neal is a disgraced financier and Alcoa Aluminum slip-slided around monopoly and conspiracy charges back in the day?  A twisted honor among thieves?

I cannot rant often enough or loudly enough about the moral and practical imperative of punishments that SUIT the crimes that were committed in order to ROCK THE FINANCIAL WORLD AND THEREFORE THE WHOLE WORLD.

Y’know what I think?  I think that Klaus Kleinfeld Ph.D., rer.pol., Dipl.-Kfm., Chief Executive Officer, President and Director (a.k.a. Czar) of ALCOA FLAUNTS an absence of corporate citizenship as surely as E. Stanley O’Neal FLAUNTED fiduciary malfeasance.

I think that the “relationships” boasted on an ALCOA Board of Director profile constitutes hoity-toity, country-club Insider Trading.

http://investing.businessweek.com/businessweek/research/stocks/people/board.asp?ric=AA 

And I think that if Earnest can be less than candid, I can be more than frank.  I will suggest that E. Stanley O’Neal, out of rural Wedowee Georgia, is a latter-day Affirmative Action case and a present-day charlatan.  Like Obama.

No swearin’, huh?  I am not allowed to say THIS IS UNMITIGATED BULLSHIT?  WHAT THE FUCK ARE PEOPLE THINKING is out of the question?  Alrighty, then.  ’Nuf said.