NEWSFLASH: Stopped Clock Accurate Twice Per Day

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Posted on : 5/15/2012 07:00:00 AM | By : Dann | In : , , ,

For all the ball-busting that I give the New York Times' Paul Krugman, I feel obligated to highlight those rare moments when he is right.  As the recent US$2,000,000,000 loss by the bankers of JPMorgan suggests, there really are good reasons for our nation to have banking regulations.

Mr. Krugman is correct; regulating banks is generally a good idea.

That should not be taken to mean that I think that all of his ideas on banking regulations are good.  Some are.  Some aren't.

Also, the article belies his real intent; to criticize Mitt Romney.  The fact is that the recent US$2B loss can came after the enactment of banking reforms by the Democrats and theoretically enforced by Mr. Obama's team.  Those reforms and their enforcement failed in this case. 

Perhaps there is more to this issue than whether or not a politician has a "D" or an "R" behind their name.  Perhaps the kind of regulation that is enacted and enforced is more important that just having any old regulation on the books.

The Wise Dr. Laura

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Posted on : 5/13/2012 07:00:00 AM | By : Dann | In : , ,

I totally ripped this off from a friend on Facebook.  But he ripped it off from someone else!

Read this recently and quite like it (it has been around the internet for a few years):

"Laura Schlesinger is a US radio personality, who dispenses advice to people who call in to her radio show. She recently said that, as an observant Orthodox Jew, homosexuality is an abomination, according to Leviticus 18:22, and cannot be condoned under any circumstances. The following response is an open letter to Dr. Laura which was posted on the Internet.