Mitt Must Answer For … Working Overtime

Barack Obama, Business, Democrats, Elections, Ethics, Natural Law, Republicans

The Securities and Exchange Commission (SEC) is a rogue agency. It is in the business of turning productive people by legislative fiat into common criminals. The SEC hunts for corporate prey using ill-defined, unconstitutional laws. It operates with the understanding that competition in capital markets must proceed from a level playing field. All investors are entitled to the same information advantage irrespective of effort and abilities. In a word, information socialism.

Mitt Romney, says the ponce of a president who has never done an honest-day’s work in his life, has done something to annoy the terrorists at the SEC. He “must answer questions about his ties to Bain Capital.”

On Thursday, Stephanie Cutter, the ponce’s handler, accused Mitt Romney of “misrepresenting his position at Bain to the SEC, which is a felony,” or “misrepresenting his position at Bain to the American people to avoid responsibility for some of the consequences of his investment.”

Boiled down, the charge against Romney is: working overtime.

I kid you not, it is just that: In addition to working “’12 hours a day, six days a week’ on the Olympics from 1999 to 2002,” Mitt might have been putting in a few extra hours at Bain.

OMG!

When will Romeny stop turning the other cheek?

We Know “What Kind of ‘Skeeza’ is a Condoleeza [sic]”

Bush, English, History, Iraq, Neoconservatism, Republicans, Terrorism

“Skeeza” was the moniker that Brother Amiri Baraka attached to former Secretary of State Condoleezza Rice, whose VP candidacy many conservatives are pushing.

Via RT:

The latest reports out of the Republican Party’s inner circle suggest that Rice, the Secretary of State under former President George W. Bush, is a viable option for Mr. Romney as he comes close to selecting a vice presidential candidate. Drudge Report, the heated political website overseen by conservative pundit Matt Drudge, alleged that Rice was among Romney’s top picks in a posting made this Thursday.

Just this once, I must agree with New Jersey’s awful, inartful poet laureate.

Let us take a romp down memory lane (via the Mercer Archives) with Ms. Rice:

FROM “HOLD THEIR FEET TO THE FIRE!”, dated May 29, 2002:

Condoleezza Rice [head of the National Security Council] was unblushing as she justified her dismissive treatment of the critical mass of intelligence pertaining to impending terrorist attacks. Her distinction between analytical reports and specific intelligence information was especially specious. …Is Rice claiming that the mental capacity for deduction is not part of her job description? (President Bush might get away with that.) Can’t Americans expect the thousands of agents they employ to possess the rudimental capability for drawing inferences from data and moving to verify or refute information? Can Rice not be expected to execute a simple algorithm, like instruct her subordinates to screen and canvass certain targeted suspects?

…the National Security Council … is an office created by the National Security Act of 1947 to advise the president on “integration of domestic, foreign and military policies relating to national security and to facilitate interagency cooperation.” If suspicion existed – analytic, synthetic, prosaic or poetic – Rice should have put the squeeze on the system she oversees.

Don’t go away. There is much more to come from the Mercer vault to counter the GOP ditto-heads’ historic Alzheimer’s.

Later.

CNN Harpies and Their Big Daddy O

Barack Obama, Elections, Europe, John McCain, Journalism, Left-Liberalism And Progressivisim, Media, Propaganda, Pseudo-history

“CNN Harpies and Their Big Daddy O”: That’s my latest weekly column, now on RT. Here is an excerpt:

“This must be a slow news week; we’re discussing CNN and its plummeting Nielsen ratings.

In a calculated attempt ‘to capture [its] lost glory,’ Rush Limbaugh has anticipated that the Cable News Network would ‘move further to the left.’

Question: How will we tell that CNN has made that move?

The Obama Heads at CNN are true believers. Although not as shrill as the MSNBC desperados, CNN’s John King, Jessica Yellin, Dona Lemon, Anderson Cooper, Soledad O’Brien, Piers Morgan—all are shifting into campaign mode, as the November election nears.

Especially intense are the pitches coming from likes of O’Brien (she is the Agony Aunt of the ‘Black In America,’ ‘Latino In the Same Place,’ and plain ‘Boring in America’ propaganda series), Yellin (a yelling for her man), Gloria Borges, Suzanne Malveaux, and other women.

It’s impossible to miss the sexual overtones. A gleaming flash of dentition, a glowing complexion: when the women folk report on Big Daddy O, their fondness is on display, for all CNN’s 291,000 national viewers to see.

O’Brien, by the way, was filmed fist-bumping Roland Martin, another race-issues agitator at CNN. In the CNN hood, a fist bump is the way you congratulate a comrade on a job well done for Obama.

Under the O’Brien belt is another big production, ‘Boiling Point: Inside the Tea Party.’ In this amateurish effort, a poorly written script and a scary sound track were deployed to convey a never-subliminal message: When it comes to the tea party, CNN’s dwindling viewers should run for their lives.

However, the rajah of right-wing radio gives CNN too little credit. The planners at CNN are craftier than Rush thinks.

What do I mean?

The GOP message is not worth much. But for what it’s worth, the political nerve center at CNN is working to shape that message. It does so by presenting to the public Republican commentators who are left-liberals in all but name.

CNN is cleverly crafting the meta-message. …”

READ the complete column. “CNN Harpies and Their Big Daddy O” is now on RT.

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The Golden Jay Taylor

Debt, Economy, Federal Reserve Bank, Inflation, Political Economy

Canada is interested in what my friend Jay Taylor has to say about gold. Mr. Taylor is a New-York based investor and broadcaster who invests and broadcasts in the Austrian tradition (gold bug).

On the real price of gold:

“… An ounce of gold is an ounce of gold, but what is a dollar?”

Since there is no measure of the worth of the dollar, “Mr. Bernanke can create 2 trillion dollars more out of nothing, which is like taking an inch off a yardstick every year and still calling it a yardstick.”

What an ounce of gold buy, using the commodity based “Rogers International Raw Materials Fund, L.P.,” is rising steeply.

Gold’s real price has surged to “crisis levels,” retort Jay’s smart Canadian interviewer (whatever that phrase means). “The yardstick is getting shorter and shorter in dollar terms,” and the gold-mining sector is doing swell.

Jay predicts that gold could hit $2500 an ounce. An Austrian economics purist, Jay ventures that we are in deflationary times, thus the price of gold could fall, as its purchasing power rises.

You don’t have to convince me. “Gold Is A Girl’s Best Friend (& Bona Fide).”