Tag: government
Investigators now think that MF Global, the company run by Jon Corzine, Obama adviser and fundraiser, lost its customers’ money in “a labyrinth of shady trading and raids.”
Investigators now think that MF Global, the company run by former Democratic governor Jon Corzine, Obama adviser and fundraiser, lost $1.2 billion of its customers’ money in “a labyrinth of shady trading and raids.”
In the end, Jon Corzine faces the serious possibility of prison time for his part in this scandal. And he was the go-to guy of the Obama administration for economic advice.
Why is the answer always a new law?
Romney puts forth his space plans at a rally in Florida
In a campaign rally Friday in Florida, Mitt Romney put forth his perspective on the state of the American space program, and what he plans to do about it.
The speech is about 16 minutes long. It is worth listening to it in its entirety.
In it, Romney outlined the reasons he thinks a robust space program is important: defense, innovation, exploration, and the ability to respond to potential natural threats from space. Having done so, however, he then refused to outline any specific actions he would take to address these issues, saying instead that once in office he will bring together the right kinds of space experts who will then advice him on the right kind of plan to achieve all these important goals.
I appreciate his refusal to pander. At the same time, his vagueness does not make me enthusiastic. Moreover, he is only offering us the same thing we have seen numerous times before, another blue ribbon panel study outlining a plan. It would make me far happier if he already understood better the problems of the space program, and could articulate the actions he wishes to take, as Gingrich did.
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“The implication that Mr. Cunningham may have engaged in criminal conduct with respect to Fast and Furious is a major escalation of the Department’s culpability.”
Mr. Cunningham is a Department of Justice lawyer. The “Department” is the Department of Justice itself. And “Fast and Furious” was the Obama administration’s project to allow about 2000 guns to be smuggled illegally into Mexico, for reasons that remain inexplicable.
Though Cunningham has the right to take the fifth, it should immediately disqualify him from his job, and the Obama administration should fire him. That they don’t tells us a lot about their own culpability in the Fast and Furious gun smuggling scandal. As Issa wrote in his letter to Eric Holder on Tuesday,
Mr. Cunningham’s broad assertion of his Fifth Amendment privilege raises the specter that the Department has allowed him to continue in his position as Chief of the Criminal Division knowing that he might have criminal culpability himself.
You can read Darrell Issa’s (R-California) full letter to Eric Holder here. [pdf]
Another green company, backed with federal grants from both the Bush and Obama administrations, has gone bankrupt.
Another green company, backed with federal grants from both the Bush and Obama administrations, has gone bankrupt.
A dollar here, a dollar there, who cares? It’s the thought that counts!
Gingrich’s speech on space
In the days ahead there is going to be a lot of talk about Newt Gingrich’s proposals for space exploration. I think it important that people actually see and listen to the entire speech before discussing it. Here is the longest clip I can find on youtube, covering the first seven and a half minutes. I think it is complete, but unfortunately, I can’t be sure. It doesn’t appear to include his remarks about awarding space prizes, and when it ends Gingrich does not appear to be finished. When I find a longer clip I will post it.
Several points immediately come to mind:
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Energy.gov: Where information goes to die
Gingrich pledges a moon base by his second term
Bumped with Update 2: I will be on the radio in Houston tomorrow morning with Scott Braddock for twenty minutes to discuss Gingrich’s proposals. See the “Recent and Upcoming Appearances” list in the right column for details.
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In a speech today Newt Gingrich pledged a moon base would be operating by his second term.
I’m not sure I trust the reporting here. However, this story fits with many other things that Gingrich has said over the years. And though I like his desire to think big, I dislike the feeling I get that he wants to once again make this a big government-run effort.
There will certainly be more details about Gingrich’s proposals in the coming days.
Update. More details here.
It seems to me that Gingrich’s promise of a moonbase by 2020 is campaign fodder, designed to inspire voters not only to dream big but to vote for Gingrich. However, his proposal that the U.S. offer big prizes for private achievement in space is right on the money, literally identical to ideas I proposed more than eight years ago.
Romney advisor: Come on, ObamaCare won’t ever be repealed in its entirety
Romney adviser former Senator Norm Coleman this week suggested in an interview that ObamaCare won’t ever be repealed in its entirety.
And people wonder why Romney hasn’t gotten traction among Republicans.
A wiretap could exonerate the six seismologists on trial for manslaughter in Italy for not properly warning the public of an earthquake.
Scientists on trial: A wiretap conversation might exonerate the six seismologists on trial for manslaughter in Italy for not properly warning the public of an earthquake.
“My message is simple.” Rating the reading grade level of all State of the Union speeches.
“My message is simple.” Rating the reading grade level of the State of the Union speeches.
The Flesch-Kincaid test is designed to assess the readability level of written text, with a formula that translates the score to a U.S. grade level. Longer sentences and sentences utilizing words with more syllables produce higher scores. Shorter sentences and sentences incorporating more monosyllabic words yield lower scores.
Smart Politics ran the Flesch-Kincaid test on each of the last 70 State of the Union Addresses that were delivered orally by presidents before a Joint Session of Congress since Franklin Roosevelt. Excluded from analysis were five written addresses (by Truman in 1946 and 1953, Eisenhower in 1961, Nixon in 1973, and Carter in 1981) and two addresses that were delivered orally, but not by the President himself (Roosevelt in 1945 and Eisenhower in 1956). The vast majority of State of the Union speeches were delivered in writing prior to FDR.
While you might not be surprised by the results, a close look at the list illustrates both the influence of television and the decline in political thought in the past half century.