- image by a.s. at Blah3.com: Free Speech for the New Century
SCOTT !
Scott at AMCGLTD.com created a very cool banner for this page! The black helicopter kills me -
Thanks so much, Scott !!
IDEA OF THE WEEK:
From Bev Conover at Online Journal: 'A reader has launched a campaign to send balls to Senate Majority Leader Tom Daschle. Said JM, "Yes folks, buy a superball and send it good old Tom. They're small, so the shipping is cheap. Maybe he can glue two on and pretend to be a man."'
CRIMINAL NEGLIGENCE
"Respected conservatives are actually suggesting that Enron and WorldCom cooked their books because Bill Clinton lied about a blow job. It's not an argument that takes a lot of deep thinking to rebut. First of all, corporate fraud wasn't invented on Clinton's watch. The United States endured a wave of financial scandals in the late '80s as well, at the end of the last Wall Street boom. When Ivan Boesky was arrested for insider trading, Michael Milken was busted for market manipulation, Charles Keating was running a fraudulent savings and loan, and Gordon Gekko was declaring that "greed ... is good," Bill Clinton was an obscure Southern governor, and the man setting the moral tone "at the top" was Ronald Reagan. Maybe Boesky and Milken lost their moral bearings because the Gipper was a divorcé who neglected his children.
"In 1995 Newt Gingrich and the newly elected Republican Congress--having vowed to restrict lawsuits in the Contract with America--pushed through a bill making it much harder to sue companies for misleading their investors. Clinton vetoed the 1995 bill that shielded corporate executives from shareholder lawsuits, and his SEC chief, Arthur Levitt, proposed barring accounting firms from consulting for firms they were simultaneously auditing. Unfortunately, Clinton's veto was overridden-a slight majority of Democrats voted to uphold it, but virtually every congressional Republican voted to override. Levitt's proposal was torpedoed as well. By my count, 33 of the 37 members of Congress who signed public letters protesting his reform were Republicans. And the lobbyist who spearheaded the accounting industry's campaign against the Levitt proposal was none other than Harvey Pitt, President Bush's pick to head the SEC. In other words, the '90s moral tone that made Enron and WorldCom possible wasn't Clintonism; it was Gingrichism." - From Peter Beinart at The New Republic.
QUOTE OF THE DAY:
"Bush was elected on a promise to end the contradiction between presidential rhetoric and presidential rationalization. So far, all he's done is change the subject from sex to money." - William Saletan at Slate.
NOOZEWEAK COLUMNIST AUDITIONS FOR TIGER BEAT, N'SYNC, DALLAS COWBOYS CHEERLEADERS
Howard "Whoreward the Hormone" Fineman at PMSnbc leaves more slimy goo in his wake than an army of snails. Here he is in his latest rhapsodistic orgiasta over Il Presidorque's corruption twaddle: "Bush gave an earnest speech in Manhattan the other day. It contained a fair number of reasonable, and tough, proposals for reform, including doubling criminal penalties, lots of new money for SEC enforcement, and a new Justice Department task force to attack 'bad apples' in the barrel of Big Business. The president didn’t go far enough for the Democrats, of course. But they are easy to dismiss as donation-grubbing insiders eager for a way to cover their rears and find an issue for the fall."
Excuse me?? WTF was he watching? I've said it before and I'll say it again, how the hell did he ever get to become anybody's "chief political analyst"? And 'donation-grubbing insiders'?? Isn't it GW who's spent more time fundraising than Rush Limpbag at an all-you-can-eat moonie festival?
Little Whoreward is obviously living in the same soggy, sticky alternate universe as Peggy "Wet Spot" Noonan. Hey, Mr Get Me My Dry-Cleaner, STAT! - Bunnypants' speech bombed. The real analysts and ecomomic pundits made themselves dizzy with all the eye-rolling they did.
Every time your pathetic hero Squinty McSquirtypants opens his mouth, the stock market tanks. At this point I won't be able to retire until I'm 98, you f*cking bonehead. Have a nice day. Jerkoff.
July 11, 2002
Posted by maru at 7/11/2002 04:17:00 PM
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