The Russians Try to Shut tdaxp Down!

Many friends have expressed concern that this blog has been down for about two days. The attacker was Russian — 77.88.27.55 (ws3-095.yandex.ru).

Russia — for those readers too young to remember when it was a country that mattered — is a Central Asian petrostate best known for invading small neighbors and rampant alcoholism.

Fortunately my web host provided me tools to block the attacker, and responder quicker the next time the Russians try to shut me down (this was not the first time, and won’t be the last).

Will Rahm Emanuel be investigated for sexual assault?

I don’t mind that Chief of Staff Rahm Emanuel is bi/curious, but I do mind if he is sexually assaulting political underlings:

Rep. Massa describes a confrontation with Emanuel in a shower: “I am showering, naked as a jaybird, and here comes Rahm Emanuel, not even with a towel wrapped around his tush, poking his finger in my chest, yelling at me.”

Will Attorney General Holder investigate Rahm Emanuel for this sexual assault, or will Rahm get a free pass like the CEOs of AIG, Frannie Mae, and Freddie Mac?

Oligarchs and the Free Market

The idea is going around, pushed by the New Economics Foundation, Half Sigma, and others, that bankers are worth less than janitors to economic growth.

While janitors have a wealth creation – to -pay ratio of 10:1, speculators are net drains on the world economy

Rather than being wealth creators bankers are being handsomely rewarded for bringing the global financial system to the brink of collapse

Paid between £500,000 and £80m a year, leading bankers destroy £7 of value for every pound they generate.

There is no question that our economic crisis is a direct result of the Oligarchs (a) betting money they did not have, and (b) illegally colluding with the Treasury Department to bail them out for those bad bets.

If the US Government had been serious about protecting a ‘free market’ system of the national security crisis they created, it would have destroyed the wealth of the Oligarchs companies, and drafted the needed bankers until such time as the wealth they had destroyed had been restored. However, the US Government is not concerned with reestablishing a free market system. The Treasury Department has been captured by the Oligarchs.

Obama, Congress, and Deficit Spending

Props to Senator Jim Bunning, for exposing the slip-shod manner that the Democrats even went about changing the law in order to borrow and spend billions. The billions would have been spent on supporting the chronically unemployed (instead of retraining them), repairing the failing infrastructure of the 1950s (instead of building high speed rail), and other Old Left policies long on economic distribution and short on investment.

Jim Bunning, you are my hero of the day. Good show!

Warren Buffet: Scrap ObamaCare and Start Over

Warren Buffer, perhaps Obama’s most successful and influential supporter, tries to get Obama to save what’s left of his presidency by abandoning his push for ObamaCare

Americans should hope that President Obama ignores Warren Buffet’s warning. It is important that the White House is injured as badly as possible in the 2010 elections. Obama’s injury to his party will be greatest the more he pushes ObamaCare and the less he does to reign in Tim Geithner. So while it is best for the country for Obama to abandon his policy proposals and dismiss Tim Geithner, he should do so the day after the elections.