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Pantagruelsmember

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Member since: Fri Aug 2, 2013, 04:37 PM
Number of posts: 106

Journal Archives

Criminalizing ABORTION-let's talk money?

At the risk of being crass, recognize that policy decisions have real world costs:

The 2012 GOP platform called for criminalizing abortion.
It's past time for the GOP to tell the country how that would be done and what it will cost taxpayers.
Who's going to jail , for how long and what are the real world repercussions?
Effective criminalization would add a million, by definition, unwanted children per year to the population. Just the environmental impact alone needs consideration, we suck up resources faster than any society on earth.
Compute the dollar societal costs over the ten year budget period and I believe you're talking hundreds of $BILLIONS.
Your taxes will pay for that eventually.
Posted by Pantagruelsmember | Thu Mar 31, 2016, 10:49 AM (0 replies)

SCOTUS

Hypothetical, inspired by Al Franken;

BO proposes a constitutional amendment that changes the SCOTUS appointment window.
Formalize what the GOP says is "right", no high court nomination by ANY president in the last 12 months of their term.
How can the GOP say no without exposing their hypocrisy?
Posted by Pantagruelsmember | Fri Mar 4, 2016, 07:01 PM (2 replies)

A "modest proposal" for the GOP debates

Given the candidate's beliefs on gun control and their adherence to NRA precepts and policies, they should be unanimous in allowing the audience to be heavily armed ( I suggest loaded automatic weapons) and not subject to invasive background checks.
Besides, it would make for great TV!!!

Walk the walk cowboys!!
Posted by Pantagruelsmember | Mon Aug 3, 2015, 03:16 PM (0 replies)

Other factors

played into the collapse, including the GOP reluctance to regulate at all. This seldom quoted decision intensified the crisis effects, IMHO:

"2008 September 21 Sunday
SEC Leverage Rule Change Contributed To Investment Bank Failure
Julie Satow of the New York Sun reports a 2004 US Securities and Exchange Commission rules change contributed to the failure of investment banks.

The Securities and Exchange Commission can blame itself for the current crisis. That is the allegation being made by a former SEC official, Lee Pickard, who says a rule change in 2004 led to the failure of Lehman Brothers, Bear Stearns, and Merrill Lynch.

The SEC allowed five firms — the three that have collapsed plus Goldman Sachs and Morgan Stanley — to more than double the leverage they were allowed to keep on their balance sheets and remove discounts that had been applied to the assets they had been required to keep to protect them from defaults.

Making matters worse, according to Mr. Pickard, who helped write the original rule in 1975 as director of the SEC's trading and markets division, is a move by the SEC this month to further erode the restraints on surviving broker-dealers by withdrawing requirements that they maintain a certain level of rating from the ratings agencies.

Keep in mind that this is not the main cause of the financial crisis. Countrywide Financial, Washington Mutual, Fannie Mae, and Freddie Mac (among others) got into trouble due to the mortgage bubble and poor lending practices.

Barry Ritholtz says this rules change helps explain the extreme amounts of leverage in the crashing investment banks.

You read that right -- the events of the past year are not a mere accident, but are the results of a conscious and willful SEC decision to allow these firms to legally violate existing net capital rules that, in the past 30 years, had limited broker dealers debt-to-net capital ratio to 12-to-1.

Instead, the 2004 exemption -- given only to 5 firms -- allowed them to lever up 30 and even 40 to 1."
Posted by Pantagruelsmember | Mon Dec 30, 2013, 12:05 PM (0 replies)

Appropriate response

Katashi_itto
Hindus Propose Giant Monkey God Statue On Oklahoma Capitol Grounds
(Addicting Info) How’s that law for religious displays working out for you, right-wing Christians of Oklahoma? Sure, you got to put up your giant 10 commandments monument in front of the State House. But this opened up the door for the Satanic Temple to ask for a memorial. Now, the Hindus are calling for their own religious statue to be placed on the state capitol grounds in Oklahoma City. Hindu group wants to erect a giant statue of Lord Hanuman.
Posted by Pantagruelsmember | Fri Dec 13, 2013, 11:57 AM (2 replies)

A little snark copied from Yahoo

"NRA comment on LAX shooter

" Once again the insanity of disarming America is demonstrated in a real life tragedy. This foolish policy of not allowing guns on planes and in airports must stop. Had the public been allowed to be armed at LAX, the shooter would have been confronted with an armed response of tens if not hundreds returning fire.Think of the possibilities. More guns is the answer, not less."

This public service brought to you by the gun manufacturers of America and their friends at the GOP."
Posted by Pantagruelsmember | Fri Nov 1, 2013, 07:11 PM (1 replies)

Romney care began very slowly

As I understand it, Approx. 20k in year ONE.

But approx. 160k in year TWO.

Patience required.
Posted by Pantagruelsmember | Sun Oct 13, 2013, 08:42 PM (0 replies)

Obviously

the Sheik is GOP Congressional leadership material....
Posted by Pantagruelsmember | Sun Sep 29, 2013, 06:54 PM (0 replies)

BO should announce

he's closing all airports, national parks and monuments, all securities markets, banks and anything else the Gv't regulates as of Tuesday morning. Let the GOP explain it to their business interests. People aren't believing the GOP intransigence has consequences, BO needs to highlight them.
Posted by Pantagruelsmember | Sat Sep 28, 2013, 07:50 PM (0 replies)
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