Archive for August 30th, 2010

Apparently it’s not really about business.

Aug 30, 2010 in Corporate shenanigans

Wall St. got everything it wanted from Obama, but he hurt their feelings.

Moments like this really shake the optimism about our country’s future right out of my bones.

On the other hand, maybe Obama should extoll them as giants among men while throwing half of them in court and passing truly fundamental regulation to protect Americans from the ravages of unchecked corporate financial greed. Talking smack while delivering billions in bonuses doesn’t wash, I guess.

-hw

Hack attorney general climate skeptic tossed aside by the judge.

Aug 30, 2010 in Clueless Conservatives, Global warming

Wingers really believed they had something with “Climategate,” and immediately coalesced around Dr. Michael Mann as an arch-nemesis. His vindications have been multiple and thorough, and when Virginia’s activist rightwinger attorney general tried to make political hay by investigating Mann, the judge tossed it out of court because in the end he didn’t have any evidence.

According to Peatross, the Virginia Fraud Against Taxpayers Act, under which the civil investigative demand was issued, requires that the attorney general include an “objective basis” to believe that fraud has been committed. Peatross indicates that the attorney general must state the reason so that it can be reviewed by a court, which Cuccinelli failed to do.

See here for thoughts on my epic smackdown with a classic rightwinger on this topic at CPST. It’s a classic study in debate between a rational person in control of the facts and a raving lunatic. Rightwingers know, of course, to delay you and then accuse you of delaying (it’s akin to blocking everything they can in the Senate and claiming Obama isn’t getting enough done). But much like in the Prop 8 case, rightwinger mania doesn’t automatically translate into a solid case in court.

-hw

UPDATE: Almost on cue, one of the world’s biggest climate change skeptics changes heart and actually declares the evidence overwhelming, the problem urgent, and a carbon tax the solution.

The inflation of labor.

Aug 30, 2010 in Politics

Remember when labor won the right to a 40-hour work week? And how that work week could sustain a family? After decades of dual-earning households, each family is contributing 80 instead of 40, and that’s presuming they aren’t salaried employees expected to spend most of their waking hours “fighting for the team.” At the same time, costs for most basic goods and services have risen so dramatically that things like a home and health care have become golden chalices of achievement. And sometimes, even that second income won’t help you out much. Throw in child care costs, and each parent better be making $40K+ to hope to pull ahead by $10K. Little Whistler is due in November, and little Whistler’s mother isn’t sure returning to her job is going to be worth it at all.

-hw

p.s. I eagerly await the first winger who comes in babbling about how our biggest problem is taxes, during this historically low tax era. If somebody bites, by all means begin by explaining why Bush’s massive tax cuts left us with a broken economy and skyrocketing deficits before Obama was elected (to fix what Bush broke).