Tag Archives: Wall Street Journal

Journalist’s should support Sherrod’s suit

Isn’t it logical that if a group enjoys a privilege that they would self-police themselves to a great deal to protect that right? Shouldn’t a group of journalists being extremely hard on one of their own that pontificates opinion as being fact and deliberately distorts the facts of their investigation to imply something significantly different?

I think this is logical. By challenging the journalists that hurt the Freedom of Press right or cause it to be abused, the journalists of the world are self-policing themselves. They are saying that with a Right comes a Responsibility. Abuse of the responsibility for fair reporting risks the rights of all journalists and, by extension, the rights of all US citizens.

RANT! How dumb are the oil companies?

I am sure that you have heard of the current oil leak in the Gulf of Mexico.  If you haven’t, here is a link – please come back after you have caught up with current events.

I am just aghast at how stupid these companies are. Current reports are that they didn’t install an “acoustic switch” on the well. From NewsInferno:

The Deepwater Horizon oil rig that exploded last week was not outfitted with a safety device that might have prevented the massive oil spill now nearing the U.S. Gulf Coast. The device, known as an acoustic switch, is a last-resort protection against underwater spills, and is required by regulators in Norway and Brazil. Unfortunately, the U.S. has no such regulation for oil wells operating off of its shores.

Healthcare for illegals

First, let me be clear, I think that Rep. Wilson of South Carolina should be censured for his outburst while President Barack Hussein Obama was speaking in a joint session of Congress. He reminds of irresponsible brats such as Kanye West. Public outbursts while the President is speaking are simply unacceptable in any format and definitely not allowed in a joint session of Congress.

I do think that it is interesting that the rude outburst occurred due to a statement from BHO regarding healthcare for illegal aliens. There is a reasonable argument that BHO, while perhaps not lying, was not telling the complete truth. Check out this interesting video below and then read the rest of my comments.

 

I agree until I disagree – Senator John Kerry

We are all familiar with the famous quote by Senator Kerry: “I actually did vote for the $87 billion before I voted against it.”  Now it seems that Mr. Kerry has had another opportunity to change his mind.  He is now in favor of Governors of States to appoint an individual to fill an open Senate seat. 

Four or five years ago, Senator Kerry was concerned that his seat would be open if the USA would have been foolish enough to vote this weak-spine individual to the office of the President of the United States.  At that time, he supported Senator Kennedy’s successful efforts to change Massachusetts state law regarding the filling of Senate seats.

I do not live in Massachusetts.  I have no vote there and my opinion on their local politics should have little weight.  However, aren’t the good residents of Massachusetts tired of flip-flop Kerry?  Please remove him from our national agony and get him out of office.  Surely, there is another good Democrat that your beautiful and important state can find.

Why we shouldn’t regulate venture capitalists

With any downturn in the economy, there are always new rules and regulations that are discussed or passed to prevent the previous calamity from occurring again. The same is true for this latest downturn with a variety of efforts and attention being shown to the banking and mortgage industries.

Now attention is also being shown to the venture capitalists. This is not necessary. Nothing in this current downturn can have VC activity pointed to as the cause. In fact, VCs are fairly well self-regulated by the activity of the stock market and they take a sizeable set-back when the tech bubble bursts (most notably in the early part of this decade).

No VC is too big to fail and no VC has a huge majority of the market. It simply doesn’t make sense to overly regulate this industry when so much of what we enjoy on a regular basis is the result of VC activity (nearly the entire IT industry including the technology that makes this blog possible and your ability to read it).