So the Tea Partiers and Republicans are so dedicated to cutting the federal budget they are willing to shut down the Government. This is all about cutting the public deficit which the Republicans were as complicit as the Democrats in running up to $1.5 trillion. Here is the part I don’t understand. Shutting down the Government cost the taxpayers (Duh, I believe that is you and me) a lot of money. When the Republicans shut down the Government in 1996 for 26 days it cost the taxpayers $1.4 billion dollars. I’m pretty sure today it will cost quite a bit more.
Transocean Ltd. gave its top executives bonuses for achieving the "best year in safety performance in our company's history" despite the explosion of its oil rig that killed 11 people, including nine of its own employees, and spilled 200 million gallons of oil into the Gulf of Mexico. If this is their best year, I hate to see what the worse year looked like.
The top six executives at Fannie Mae and Freddie Mac received $35.4 million over a two year period. Since Fannie Mae and Freddie Mac were taken over in September 2008, the companies’ mounting mortgage losses have required a $153 billion infusion from taxpayers. Total losses may reach $363 billion through 2013, according to government estimates. Man, why can’t I get a gig like that? I can screw things up as well as the next guy and for less money. I would have done it for half that.
And speaking of money, guess who is footing the bill for Nitwit Gingrich’s Presidential campaign? It seems Gingrich’s financial angel is the publicity-shy Sheldon Adelson, chairman of the Las Vegas Sands Corp. Adelson is a billionaire casino mogul whose business empire stretches from the Palazzo on Las Vegas’s famous Strip to the Chinese gambling hub of Macau. So far Adelson has pumped about 7 million into Nitwit’s pocket.
I am pretty sure ole Nitwit’s conservative Christian faithful are not aware of this little tidbit or even know who Sheldon Adelson is, but it seems the Government is certainly interested in Mr. Adelson’s affairs. The Justice Department and the Securities and Exchange Commission have opened investigations for possible violations of the Foreign Corrupt Practices Act and Nevada and Hong Kong regulators have opened their own probes, according to company disclosures.
I wonder if ole Nitwit said anything to folks when he spoke at the Conservative Principles Conference Saturday, March 26, 2011, in Des Moines, Iowa. I am willing to bet that subject somehow slipped his mind.
Today's good read is An Empty Death by Laura Wilson. An excellent murder mystery set in World War II London.
Stay tuned for future adventures
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