Saturday, December 13, 2008
Shock and panic spread through the country clubs of Palm Beach and Long Island after Bernard Madoff, a trading powerbroker for more than four decades, allegedly confessed to a fraud that will cost his wealthy investors at least $50 billion – perhaps the largest swindle in Wall Street history.
Mr Madoff, 70, a former Nasdaq stock chairman, was apparently turned in by his two sons and arrested on Thursday morning at his Manhattan apartment by the FBI. Andrew Calamari, a senior enforcement official at the US Securities and Exchange Commission, described the scheme as “a stunning fraud that appears to be of epic proportions”.
The FBI’s criminal complaint states that when two federal agents arrived at Mr Madoff’s apartment, he told them: “There is no innocent explanation.” The agents say that he told them “he paid investors with money that wasn’t there”, that he was “broke” and that he expected to go to jail.
Some here and others across the blogosphere have mentioned that the clapping of Republicans for Senator Ted Stevens is morally wrong... otherwise why bring it up if Republicans weren’t violating their “family values” clause in the party platform? I will embed the actual speech Ted Stevens gave that caused everyone in Congress, yes, everyone, to clap. Even ex-recruiter/Grand Wizard for the Klu Klux Clan (e.g., Democrat), Senator Byrd, clapped. If anyone takes the time to listen to the ten-minute speech given by Senator Stevens they will know why everyone in Congress clapped. (Subject/Object Distinction Kimba.)
Now, a bit of redux here: Mark Foley. Representative Mark Foley was chased out of his position by fellow Republicans when it came to light that he sent salacious e-mails to a same-sex page who was goading him on (and admitted such) about their proposed homosexual meeting. At the time this page was eighteen years old. A separate case was where Foley asked via a letter what a particular page would like for Christmas and sent this same page the present. This page was sixteen at the time. The press and blogosphere mixed up these two cases in a blurred attack on this person -- really, because he was a Republican.
I would suspect (like most homosexual men) that Mark Foley was trying to have a homosexual “fling” set up with this “under-age” boy (sixteen years old which is under-age in most states... but NOT in Washington D.C.). Most homosexual men I have talked to had their first encounter (really rape), what is commonly referred to in the homosexual community as their “initiation,” when they were very young by a grown homosexual man. So even if there was a fling, under the laws of D.C., everything would have been legit. The Republican washed him out because of a stand (religiously and naturally -- Natural Law) taken against the age and acts involved. To re-post something I and Dennis Prager said:
The point here is that really when Foley, Criag and others are mentioned, what the Democrats are really saying is this:
Which most people like myself would agree and want more reference to the Founders understanding of morality and Natural law referenced in the terms served by Republicans. But what the Democrat is also saying is this:
In other words, if acted out there is nothing of “family values” in the tent of liberalism to counter such actions... we (Liberals/Democrats) like to point out when the Right fails in this activity. In fact, we give standing ovations to those who practice such acts... alone... without Republicans joining in with applause, like IBD so aptly pointed out with Gerry Studds:
This story does have connections, by-the-by, with another story that makes a point of media bias. This connection is not explicit, but implicit:
- Name That Party Parade: ABC's 'Faces of Political Scandal' Labels Most GOP Faces, Few Dems
- No Live Coverage of Obama Blagojevich Press Conference on CBS & NBC
- MRC Radio Alert: Bozell On Hannity Discussing Media Downplaying Obama Ties to Blagojevich
Friday, December 12, 2008
Jesse Jackson Jr. may be in a bit of hot water, as a Libertarian Republican points out:
It is so bad that many on the Left even are facing the possibility of close contact to Obama and the scandal ridden Chicago area. It has driven Rachel Maddow of MSNBC fame to comment that Obama may still be implicated in this as well as Liberal talk show host Ed Schultz to comment (from NewsBusters):
At any rate, some in the media do not think this is a big story, and need tape to keep there eyes open!