Saturday, April 24, 2010
Chicken Converter
Motorola Droid
Monday, April 19, 2010
Promiscuous Women
Oh, so THAT's why we have earthquakes!!
This is a sterling example of the insanity of religion. Fascinating how it's ALWAYS women's fault. No matter what. It's WOMEN'S fault!!
When will the Iranian people have had enough?
Iranian cleric: Promiscuous women cause quakes
BEIRUT – A senior Iranian cleric says women who wear immodest clothing and behave promiscuously are to blame for earthquakes.
Iran is one of the world's most earthquake-prone countries, and the cleric's unusual explanation for why the earth shakes follows a prediction by President Mahmoud Ahmadinejad that a quake is certain to hit Tehran and that many of its 12 million inhabitants should relocate.
"Many women who do not dress modestly ... lead young men astray, corrupt their chastity and spread adultery in society, which (consequently) increases earthquakes," Hojatoleslam Kazem Sedighi was quoted as saying by Iranian media. Sedighi is Tehran's acting Friday prayer leader.
Women in the Islamic Republic are required by law to cover from head to toe, but many, especially the young, ignore some of the more strict codes and wear tight coats and scarves pulled back that show much of the hair.
"What can we do to avoid being buried under the rubble?" Sedighi asked during a prayer sermon Friday. "There is no other solution but to take refuge in religion and to adapt our lives to Islam's moral codes."
Seismologists have warned for at least two decades that it is likely the sprawling capital will be struck by a catastrophic quake in the near future.
Some experts have even suggested Iran should move its capital to a less seismically active location. Tehran straddles scores of fault lines, including one more than 50 miles (80 kilometers) long, though it has not suffered a major quake since 1830.
In 2003, a powerful earthquake hit the southern city of Bam, killing 31,000 people — about a quarter of that city's population — and destroying its ancient mud-built citadel.
"A divine authority told me to tell the people to make a general repentance. Why? Because calamities threaten us," Sedighi said.
Referring to the violence that followed last June's disputed presidential election, he said, "The political earthquake that occurred was a reaction to some of the actions (that took place). And now, if a natural earthquake hits Tehran, no one will be able to confront such a calamity but God's power, only God's power. ... So let's not disappoint God."
The Iranian government and its security forces have been locked in a bloody battle with a large opposition movement that accuses Ahmadinejad of winning last year's vote by fraud.
Ahmadinejad made his quake prediction two weeks ago but said he could not give an exact date. He acknowledged that he could not order all of Tehran's 12 million people to evacuate. "But provisions have to be made. ... At least 5 million should leave Tehran so it is less crowded," the president said.
Minister of Welfare and Social Security Sadeq Mahsooli said prayers and pleas for forgiveness were the best "formulas to repel earthquakes."
"We cannot invent a system that prevents earthquakes, but God has created this system and that is to avoid sins, to pray, to seek forgiveness, pay alms and self-sacrifice," Mahsooli said.
The original piece of religious stupidity can be found here.
This is a sterling example of the insanity of religion. Fascinating how it's ALWAYS women's fault. No matter what. It's WOMEN'S fault!!
When will the Iranian people have had enough?
Iranian cleric: Promiscuous women cause quakes
BEIRUT – A senior Iranian cleric says women who wear immodest clothing and behave promiscuously are to blame for earthquakes.
Iran is one of the world's most earthquake-prone countries, and the cleric's unusual explanation for why the earth shakes follows a prediction by President Mahmoud Ahmadinejad that a quake is certain to hit Tehran and that many of its 12 million inhabitants should relocate.
"Many women who do not dress modestly ... lead young men astray, corrupt their chastity and spread adultery in society, which (consequently) increases earthquakes," Hojatoleslam Kazem Sedighi was quoted as saying by Iranian media. Sedighi is Tehran's acting Friday prayer leader.
Women in the Islamic Republic are required by law to cover from head to toe, but many, especially the young, ignore some of the more strict codes and wear tight coats and scarves pulled back that show much of the hair.
"What can we do to avoid being buried under the rubble?" Sedighi asked during a prayer sermon Friday. "There is no other solution but to take refuge in religion and to adapt our lives to Islam's moral codes."
Seismologists have warned for at least two decades that it is likely the sprawling capital will be struck by a catastrophic quake in the near future.
Some experts have even suggested Iran should move its capital to a less seismically active location. Tehran straddles scores of fault lines, including one more than 50 miles (80 kilometers) long, though it has not suffered a major quake since 1830.
In 2003, a powerful earthquake hit the southern city of Bam, killing 31,000 people — about a quarter of that city's population — and destroying its ancient mud-built citadel.
"A divine authority told me to tell the people to make a general repentance. Why? Because calamities threaten us," Sedighi said.
Referring to the violence that followed last June's disputed presidential election, he said, "The political earthquake that occurred was a reaction to some of the actions (that took place). And now, if a natural earthquake hits Tehran, no one will be able to confront such a calamity but God's power, only God's power. ... So let's not disappoint God."
The Iranian government and its security forces have been locked in a bloody battle with a large opposition movement that accuses Ahmadinejad of winning last year's vote by fraud.
Ahmadinejad made his quake prediction two weeks ago but said he could not give an exact date. He acknowledged that he could not order all of Tehran's 12 million people to evacuate. "But provisions have to be made. ... At least 5 million should leave Tehran so it is less crowded," the president said.
Minister of Welfare and Social Security Sadeq Mahsooli said prayers and pleas for forgiveness were the best "formulas to repel earthquakes."
"We cannot invent a system that prevents earthquakes, but God has created this system and that is to avoid sins, to pray, to seek forgiveness, pay alms and self-sacrifice," Mahsooli said.
The original piece of religious stupidity can be found here.
Wake up, Tea Party!
A lot of Democrats share much of the frustration expressed by the Tea Partiers, minus the racism. It's rather obvious that the Tea Party's anger is misdirected. They should be pissed at the banks for damn near destroying this country. Obama is trying to put things back together again, but FOX News and others keep up a perpetual drum-beat hate machine against liberals and Obama, and eventually, it sinks in.
Bill Moyers shares a similar sentiment. Damn shame that his series, "Bill Moyer's Journal" is ending April 30.
The Tea Party Crowd Needs to Wake Up to Who the Real Villains Are
With all due respect, we can only wish those Tea Party activists who gathered in Washington and other cities this week weren't so single-minded about just who's responsible for all their troubles, real and imagined. They're up in arms, so to speak, against Big Government, especially the Obama administration.
If they thought this through, they'd be joining forces with other grassroots Americans who in the coming weeks will be demonstrating in Washington and other cities against High Finance, taking on Wall Street and the country's biggest banks.
snip
...the week's award for sheer gall goes to a Chicago area hedge fund called Magnetar, named after a kind of neutron star that spews deadly radiation across the galaxies. Thanks to the teamwork of the investigative reporting website ProPublica, as well as public radio's Planet Money project and "This American Life," we learned that Magnetar worked with Citigroup, JPMorgan Chase, Merrill Lynch and other investment banks to create toxic CDO's -- collateralized debt obligations -- securities backed by subprime mortgages that management knew were bad. Then Magnetar took that knowledge and bet against the very same investments they had recommended to buyers, selling short and making a fortune.
To simply call all of this "creative accounting" is to do it an injustice. This is corruption, cynicism and greed on a scale that would make the Roman Emperor Caligula cringe. Or rather, the Emperor Nero. He didn't just poison the citizens of Rome; legend has it that he burned the place down, fiddling around in the ashes, just like our Wall Street tycoons.
But since we know all this, why is it so hard to hold Wall Street accountable? Which brings us to what the Tea Party people should have been complaining about this week. The banking industry and corporate America are fighting against proposed financial reform with all the money and influence at their disposal, attempting to preserve a system that would enable them to ransack the country once again.
Look at Eric Lichtblau's report this week, also in The New York Times, under the headline. "Lawmakers Regulate Banks, Then Flock to Them." The financial services industry has hired more than 125 former members of Congress and congressional staffers from both parties to help them fight off accountability.
No wonder, too, that this headline appeared in the Times this week: "GOP Takes Aim at Plans to Curb Finance Industry." That's not surprising. Earlier this year Republican politicians told Wall Street: Give us the scratch and we'll scrap reform.
The GOP's SWAT team -- also known as the United States Chamber of Commerce -- has already spent three million dollars to try to kill or cripple a key part of reform -- the proposed new Consumer Financial Protection Agency. With the Chamber as their front, corporations have bankrolled ads that make it seem like the Red Army is at our doorsteps.
(end snip)
Hopefully, Bill Moyers will continue to observe and write about current events after the PBS show is over. You can find the original article here.
Bill Moyers shares a similar sentiment. Damn shame that his series, "Bill Moyer's Journal" is ending April 30.
The Tea Party Crowd Needs to Wake Up to Who the Real Villains Are
With all due respect, we can only wish those Tea Party activists who gathered in Washington and other cities this week weren't so single-minded about just who's responsible for all their troubles, real and imagined. They're up in arms, so to speak, against Big Government, especially the Obama administration.
If they thought this through, they'd be joining forces with other grassroots Americans who in the coming weeks will be demonstrating in Washington and other cities against High Finance, taking on Wall Street and the country's biggest banks.
snip
...the week's award for sheer gall goes to a Chicago area hedge fund called Magnetar, named after a kind of neutron star that spews deadly radiation across the galaxies. Thanks to the teamwork of the investigative reporting website ProPublica, as well as public radio's Planet Money project and "This American Life," we learned that Magnetar worked with Citigroup, JPMorgan Chase, Merrill Lynch and other investment banks to create toxic CDO's -- collateralized debt obligations -- securities backed by subprime mortgages that management knew were bad. Then Magnetar took that knowledge and bet against the very same investments they had recommended to buyers, selling short and making a fortune.
To simply call all of this "creative accounting" is to do it an injustice. This is corruption, cynicism and greed on a scale that would make the Roman Emperor Caligula cringe. Or rather, the Emperor Nero. He didn't just poison the citizens of Rome; legend has it that he burned the place down, fiddling around in the ashes, just like our Wall Street tycoons.
But since we know all this, why is it so hard to hold Wall Street accountable? Which brings us to what the Tea Party people should have been complaining about this week. The banking industry and corporate America are fighting against proposed financial reform with all the money and influence at their disposal, attempting to preserve a system that would enable them to ransack the country once again.
Look at Eric Lichtblau's report this week, also in The New York Times, under the headline. "Lawmakers Regulate Banks, Then Flock to Them." The financial services industry has hired more than 125 former members of Congress and congressional staffers from both parties to help them fight off accountability.
No wonder, too, that this headline appeared in the Times this week: "GOP Takes Aim at Plans to Curb Finance Industry." That's not surprising. Earlier this year Republican politicians told Wall Street: Give us the scratch and we'll scrap reform.
The GOP's SWAT team -- also known as the United States Chamber of Commerce -- has already spent three million dollars to try to kill or cripple a key part of reform -- the proposed new Consumer Financial Protection Agency. With the Chamber as their front, corporations have bankrolled ads that make it seem like the Red Army is at our doorsteps.
(end snip)
Hopefully, Bill Moyers will continue to observe and write about current events after the PBS show is over. You can find the original article here.
Saturday, April 17, 2010
Friday, April 16, 2010
SEC vs. Goldman Sachs
This story is a little shocking. It seems like everyone had concluded that no one was going to be held accountable for the big crash we're only recently pulling out of. One has to wonder about the timing here: these charges are surfacing just as the bill to regulate the financial industry is coming to a head. Could be a master stroke.
The hapless Republicans are already opposing financial reform with fear, lies and deception, just about the only tools they have left to them. They abandoned reason and truth long ago.
I expect this one to get a lot of play.
SEC accuses Goldman Sachs of civil fraud
WASHINGTON – The government has accused Goldman Sachs & Co. of defrauding investors by failing to disclose conflicts of interest in mortgage investments it sold as the housing market was faltering.
The Securities and Exchange Commission announced Friday civil fraud charges against the Wall Street powerhouse and one of its vice presidents. The agency alleges Goldman failed to disclose that one of its clients helped create — and then bet against — subprime mortgage securities that Goldman sold to investors.
Investors in the mortgage securities are alleged to have lost more than $1 billion, the SEC noted.
The Goldman client implicated in the fraud is one of the world's largest hedge funds, Paulson & Co., which paid Goldman roughly $15 million for structuring the deals in 2007.
Goldman Sachs shares fell more than 10 percent after the SEC announcement.
The civil lawsuit filed by the SEC in federal court in Manhattan was the government's most significant legal action related to the mortgage meltdown that ignited the financial crisis and helped plunge the country into recession.
A Goldman Sachs spokesman didn't immediately return a call seeking comment.
The agency also charged a Goldman vice president, Fabrice Tourre, 31, who it said was principally responsible for devising the deal and marketing the securities.
The SEC is seeking unspecified fines and restitution from Goldman Sachs and Tourre.
"The product was new and complex, but the deception and conflicts are old and simple," SEC Enforcement Director Robert Khuzami said in a statement.
"Goldman wrongly permitted a client that was betting against the mortgage market to heavily influence which mortgage securities to include in an investment portfolio, while telling other investors that the securities were selected by an independent, objective third party."
You can find the original here.
The hapless Republicans are already opposing financial reform with fear, lies and deception, just about the only tools they have left to them. They abandoned reason and truth long ago.
I expect this one to get a lot of play.
SEC accuses Goldman Sachs of civil fraud
WASHINGTON – The government has accused Goldman Sachs & Co. of defrauding investors by failing to disclose conflicts of interest in mortgage investments it sold as the housing market was faltering.
The Securities and Exchange Commission announced Friday civil fraud charges against the Wall Street powerhouse and one of its vice presidents. The agency alleges Goldman failed to disclose that one of its clients helped create — and then bet against — subprime mortgage securities that Goldman sold to investors.
Investors in the mortgage securities are alleged to have lost more than $1 billion, the SEC noted.
The Goldman client implicated in the fraud is one of the world's largest hedge funds, Paulson & Co., which paid Goldman roughly $15 million for structuring the deals in 2007.
Goldman Sachs shares fell more than 10 percent after the SEC announcement.
The civil lawsuit filed by the SEC in federal court in Manhattan was the government's most significant legal action related to the mortgage meltdown that ignited the financial crisis and helped plunge the country into recession.
A Goldman Sachs spokesman didn't immediately return a call seeking comment.
The agency also charged a Goldman vice president, Fabrice Tourre, 31, who it said was principally responsible for devising the deal and marketing the securities.
The SEC is seeking unspecified fines and restitution from Goldman Sachs and Tourre.
"The product was new and complex, but the deception and conflicts are old and simple," SEC Enforcement Director Robert Khuzami said in a statement.
"Goldman wrongly permitted a client that was betting against the mortgage market to heavily influence which mortgage securities to include in an investment portfolio, while telling other investors that the securities were selected by an independent, objective third party."
You can find the original here.
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