Monday, May 25, 2009

12,000 Reasons Why Church and State Must Stay Separate

12,000 is the number of Catholic church abuse victims in Ireland to whom the Irish government has already paid compensation, even before the latest damning report of systematic beatings and rape revealed last week.

(This Canadian article and this CSN article are just two from hundreds around the world covering this topic. Google News is packed with over 2,000 results on the subject, some of the most gut-wrenching being Letters to the Editor from victims in both England and Ireland.)

12,000 is number of Catholic church abuse victims in Ireland who had to waive their rights to sue the state or church to get that compensation. Well folks, that's what life is like when your country's constitution begins with these words:
"In the Name of the Most Holy Trinity, from Whom is all authority and to Whom, as our final end, all actions both of men and States must be referred..."
and continues...
"We, the people of Éire, Humbly acknowledging all our obligations to our Divine Lord, Jesus Christ...Do hereby adopt, enact, and give to ourselves this Constitution."
You cannot expect anything other than systematic sexual, physical, and psychological abuse of the citizenry by the clergy when you require all the people who live within your borders to live "under God," and then compound that error by defining god specifically, as in "our Divine Lord, Jesus Christ."

That is not a democracy, that's a theocracy. As such, Ireland gives Jesus Christ's representatives on earth way too much power and influence. It would truly be a miracle if that much power and influence didn't result in boys and girls being raped and beaten by priests on a massive scale while the police and the Department of Educaton just looked the other way.

BTW, I am not making up that "Jesus is our Lord" constitution stuff. Here's a link to the official version of the Irish constitution. Scroll past the amendments to get to the opening lines, bearing in mind that none of the amendments repeal Jesus--who above all people knew he didn't belong there. (Amazingly, there are some Americans who still don't understand why the people who live in the northern part of the island of Ireland don't want to be governed by the Irish constitution.) Go figure!
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Sunday, December 21, 2008

Value of 2008 Bush Bailouts Exceeds Combined Costs of All Major U.S. Wars

"According to Bloomberg, the federal government has made commitments worth a total of $8.5 trillion in the bailouts of 2008. That includes actual expenditures as well as loan and asset guarantees."

CNSNews.com - Value of 2008 Bailouts Exceeds Combined Costs of All Major U.S. Wars

Monday, December 1, 2008

Beyond the Bailout: Executive pay and corporate welfar

"Are limits on executive compensation for banks that accept federal funds just the first wave in a future sea of pay measures?"

Beyond the Bailout - CFO Magazine - December 2008 Issue - CFO.com:

Great to see CFO Magazine address exec pay in post-bailout terms. My own "excessive executive pay" theory is that lack of social welfare is a major driver. That's right, corporate executives know just how much money it takes to protect oneself and one's family from all eventualities in the world today. CEOs feel that amassing huge amounts of money is the only way to make sure they and their loved ones don't end up in the gutter.

As our country proceeds to plow billions of corporate welfare dollars into companies whose demise was caused by CEOs and other executives pursuing paycheck maximization at all costs, it behooves us to ponder where all this comes from, what's the driver?

Ironically, the driver is, IMHO, the lack of social welfare in the U.S. For too many Americans their country's social safety net is a nightmare scenario. What awaits the average working American who loses job, house, health, savings? It's a jobless, homeless, life-threatening, shaming and demoralizingly hopeless mess.

How much money do you need to steer clear of this, to rule it out of future? A million dollars? Two million dollars? Noooo. You need way more than that. Tens of millions more. The reality is, and this reality has recently been underlined, you just "need" one real estate market reversal and/or stock market correction and you can kiss your millions goodbye.

And when your net worth drops below seven figures you are one diagnosis, one car crash, away from bankruptcy. With the "right" combination of circumstances your future can quickly shift to one of coupon-clipping, paycheck-to-paycheck, rent's due, viewless living, with zero vacations and a daily grind that extends all the way into old age.

Saturday, November 15, 2008

So Looking Forward to 1/20/09!

You don't have to know me well to know that I am very happy with the outcome of the U.S. presidential election. Heck, I've been wearing my support on my head and my Jeep for all to see. Even on my tractor.

So here's how I see things: We have an energetic president elect who is unlikely to match George Bush's record for vacation days, we have a president elect who will inherit America's worst economy in a lifetime, the worst international reputation ever, and will likely face outright rejection by the unrepentant heart of the Republican party, the folks who drove us headlong into this mess. It's going to be an interesting ride.

Tuesday, October 7, 2008

An Interesting Lesson in Economics and De-regulation

As a big believer in trying to learn the lessons of the past, I found this short film (less than 15 minutes) to be very instructive, particularly if you are interested in the effects of banking deregulation (about which you will find some straight talk here). You can also watch a trailer for the video right here:

Sunday, October 5, 2008

We're Ba-a-a-ack: And we're looking for our bailout

After spending more than a year on hiatus (which is an entirely legal thing to do despite the slightly pharmaceutical sound of it) this blog may be coming back. Times are tough and we need as many Google Adword click-thrus from blog pages as we can get. Otherwise the bank is gonna own our ass-ets.

But blogging politics is problematic these days. There are so many blogs out there that a lot of them have a readership of 2 or less. So am I willing to wager my time on the possibility that nobody will read what I write? Unlike maverick candidate McCain, I'm not a betting man. 

So I will follow the statistics and see if anyone stops by to read this page. If people read, I will write. In the meantime, here are some posts I have placed eslewhere on the Internet.
And finally, here's a link to some light reading (as in "when I read it I feel light-headed") namely the final version of the $700 billion bankers' bail out bill. I was disappointed to find that no funds had been earmarked to pay off my mortgage, but hey, what was I thinking? I don't work for Goldman, Sachs, Pillages, and Burns.

Monday, August 27, 2007

1-20-09 License Plate Says It All

January 20, 2009 is the last day that President Bush will be in office (barring any sweeping changes to, or suspension of, the Constitution).

I have it on a license plate on the front on my ride. A great parking lot conversation starter.

Q. "What's that mean on your license plate?"
A. "That's Bush's last day in office."

What happens next is interesting. Most often the person says something like "Can't come quick enough." So if you happen to think Bush is one of the worst American presidents ever, you have found a kindred spirit, without having to nail your colors to the mast. After all, if the person says "I'll be so sad to see him go" you can react accordingly.