Day: June 4, 2010

2010 Anal-Ocity #23

There are many anal statements and then there are statements that come straight from someone’s ass……I have been pointing out that the “New South” is nothing of the sort….the hatred for anyone with brown skin is just veiled in some vague policy rift…..and the newsest anal-ocity comes from South Carolina GOP state senator Jake Knotts is under fire from his own party after using a racial slur to describe GOP gubernatorial candidate Nikki Haley and President Obama:

“We already got one raghead in the White House, we don’t need a raghead in the governor’s mansion,”

This will be played off as an isolated incident…but it is NOT…it is isolated only because more in-depth reporting on the hatred is lacking….what this moron said is the normal rather than the exception….of course, this pinhead prick will apologize and say it was taken out of context….it was NOT!  It is the typical white hatred for anything or anyone that is non-white…..

UPDATE:

It sounds like South Carolina State. Sen. Jake Knotts’ “raghead” comments last night are even worse than first reported.

Not only did he refer to Republican gubernatorial candidate Nikki Haley as a “raghead” during an internet political radio show taped in a bar — Knotts called her a “f—ing raghead,” according to a report from the Free-Times.

“She’s a f—ing raghead,” Knotts reportedly said.

Now this a/hole has moved to the top of the anal-ocity nominees for the Assie Award at the end of the year……

Fin Reg: A Joke In The Making

Daily Agitator

From the VOMITORIUM

The battle has been raging now for about 4 months and all the politicians have come out and said they want the Banksters to pay for their gambling ways with the taxpayer’s money.  But really just how serious are these guys and gals that get tons of cash for the re-election funds from the very people they are saying that they want to control and dial them down a peg or two?

The bill has cleared the Senate and now goes on to the House for tweaking before the final vote and the signature by the Prez…..but is it going to be the “Fix All” that the Congress wants us to believe?

We keep hearing just how much this will reform Wall Street and the gambling that has been going on for the last ten years…..to this I say….CRAP!

A proposal to regulate derivatives. The White House and its lieutenants in the House and Senate are prepared to scale back or remove a provision that would require big financial firms to spin off their derivatives trading desks.  This one provision is NOT controlling the gambling on Wall Street.

And there is more that will NOT be in the new bill when it is finalized…….there will be a one time audit of the Fed and it will not be a complete audit and so far I do not see any limits on the “Too big Too fail”, there will be NO fix……

And the financial stocks should be another indicator that it is NOT a good reform bill….why?  When it was passed by the House their stocks took a sharp upturn….that leads one to believe that there is NO substantive change in the way banks will do business.  From the Newser website:

Despite their public protestations, behind closed doors, Wall Street executives are pretty pleased with how financial reform legislation is shaping up, sources tell the New York Times . “If you talk to anyone privately, there’s a sigh of relief,” says one investment banker. “It’ll crimp the profit pool initially by 15-20%, but there’s no breakup of any institution or onerous new taxes.” Though their least favorite provisions—like regulations on bank sizes, or caps on credit card rates—died in the Senate, there’s still plenty they don’t like in the bill, but given the magnitude of their financial crisis screw-ups, they’ve resigned themselves to some reforms. The health care bill will affect its industry “exponentially more than this legislation is going to change Wall Street,” says one investor and ex-Treasury deputy. “It’s not even close.”

If you think the the economy will be safer when the full bill is passed then you are delusional….we will face this problem again and again and ………and finally…the joke will be on you, the taxpayer…….Why?  You WILL keep paying and paying and……..If justice is what you seek then you will NOT find it in this bill, as it is today……

BETTER LUCK NEXT TIME!