Day: March 29, 2012

We Have A New Jobs Act!

Many of us ‘liberals’ have been bitching that the Congress has done nothing to create jobs and after all that is the single most important election issue that got many of these people elected and sent to Washington….and since they have been in the capital they have offered up bills on everything from re-naming post offices to contraception to …..just about everything but JOBS……and now there is a Jobs bill headed to the president for his signature…..that is right….you heard correctly…..a new jobs bill waiting for the prez to put his John Hancock on the dotted line……..SURPRISE!

So how much have you heard about this bill?

A rare bi-partisan bill?  Well it is election time and they do not want to be beat to death about doing nothing to create jobs……the truth is this bill does more to help businesses than it does to create many jobs…..as always the financial side of the argument won out and the people needing more and more jobs lose….yet again……

The House on Tuesday signed off on the final version of the package, aimed at helping small businesses and startups more easily raise capital by loosening various Securities and Exchange Commission regulations.

“The bipartisan JOBS Act represents an increasingly rare legislative victory in Washington where both sides seized the opportunity to work together, improved the bill and passed it with strong bipartisan support,” House Majority Leader Eric Cantor (R-Va.) said in a statement.

Politico is reporting……Senators tweaked the package to include an extra layer of restrictions on crowdfunding, which allows companies to raise smaller amounts of money from more people without subjecting them to SEC rules.

The JOBS Act is a collection of six measures that its backers say would make it easier for companies to go public more quickly and raise money.  (and here is who the politicians are protecting….NOT YOU!)

For instance, it allows more shareholders to invest in companies without triggering SEC regulations. Other components allow small businesses to use ads to solicit investors and permit more companies making public offerings to opt out of SEC rules.

The bill, soon to be a law, has done very little for the middle class….it has made it easier for companies to raise money……you kinda like Apple…..and how many new jobs does their IPO create?  Once again we see that the people we elect spend all their time and energy working for businesses and not the people that voted them into office….this will not create enough jobs to give validity to the title of the bill…….How much more pathetic can these baboons become?

I will pause here for the people to shake their heads and laugh out loud…..we working stiffs are so SCREWED!

Deepwater Horizon: The Result

I live on the gulf coast and was around for the Deepwater Horizon oil spill….that spill that few want to remember thanx to the high price of gas…….I am sure that all my readers saw the horrific oil goo that was all over the estuaries and the oil sheen that covered much of the northern Gulf of Mexico……and now we have BP spending like a bitch to make everything appear to be okay and that life goes on and the peasants danced!

But sports fans, is everything okay?

A recent study has confirmed that toxic compounds derived from oil that was released in the Deepwater Horizon spill that occurred in the Gulf of Mexico nearly two years ago has entered the ocean’s food chain through microorganisms.

The study, funded by the National Science Foundation and led by a team of researchers from East Carolina University, the University of Maryland Center for Environmental Science, Oregon State University, Georgia Institute of Technology, and the U.S. Geological Survey, detected chemical compounds found in oil called hydrocarbons, some known to be carcinogenic, within the bodies of microscopic crustaceans called zooplankton.

“Our research helped to determine a ‘fingerprint’ of the Deepwater Horizon spill–something that other researchers interested in the spill may be able to use,” Dr. Siddhartha Mitra of East Carolina University said in a statement. “Furthermore, our work demonstrated that zooplankton in the Northern Gulf of Mexico accumulated toxic compounds derived from the Macondo well.”

Read More…

So now the question is….is the seafood truly okay to consume?  And is everything truly okie-dokie in the waters of the northern Gulf?