Under the new rules for the 2008 election cycle, the DCCC [Democratic Congressional Campaign Committee] asked rank-and-file members to contribute $125,000 in dues and to raise an additional $75,000 for the party. Subcommittee chairpersons must contribute $150,000 in dues and raise an additional $100,000. Members who sit on the most powerful committees … must contribute $200,000 and raise an additional $250,000. Subcommittee chairs on power committees and committee chairs of non-power committees must contribute $250,000 and raise $250,000. The five chairs of the power committees must contribute $500,000 and raise an additional $1 million. House Majority Leader Steny Hoyer, Majority Whip James Clyburn, and Democratic Caucus Chair Rahm Emanuel must contribute $800,000 and raise $2.5 million. The four Democrats who serve as part of the extended leadership must contribute $450,000 and raise $500,000, and the nine Chief Deputy Whips must contribute $300,000 and raise $500,000. House Speaker Nancy Pelosi must contribute a staggering $800,000 and raise an additional $25 million.
—Marian Currinder, Money in the House (2008)
Note that the article I am quoting is shocked by accross the board spending cuts. I am shocked that the proposed cuts are so small. Yes, we also need to repeal the Bush tax cuts. We need to be in balance now, while we still can make cuts rationally. If we wait and are unable to refinance our debt, the situation will be dire.
I decided to take a little break from my series on the Fall Feasts for the next week beginning with this video. I will return to the series after I observe the festival myself!
While this is basically an add for FIRE, it is interesting to view the "political correctness" of modern university education.
It is amazing how much this is like my interpretation of Revelation 17-18:
Revelation 18
Lament Over Fallen Babylon
1 After this I saw another angel coming down from heaven. He had great authority, and the earth was illuminated by his splendor. 2 With a mighty voice he shouted:
“‘Fallen! Fallen is Babylon the Great!’ She has become a dwelling for demons and a haunt for every impure spirit, a haunt for every unclean bird, a haunt for every unclean and detestable animal. 3 For all the nations have drunk the maddening wine of her adulteries. The kings of the earth committed adultery with her, and the merchants of the earth grew rich from her excessive luxuries.”
Warning to Escape Babylon’s Judgment
4 Then I heard another voice from heaven say:
“‘Come out of her, my people,’ so that you will not share in her sins, so that you will not receive any of her plagues; 5 for her sins are piled up to heaven, and God has remembered her crimes. 6 Give back to her as she has given; pay her back double for what she has done. Pour her a double portion from her own cup. 7 Give her as much torment and grief as the glory and luxury she gave herself. In her heart she boasts, ‘I sit enthroned as queen. I am not a widow; I will never mourn.’ 8 Therefore in one day her plagues will overtake her: death, mourning and famine. She will be consumed by fire, for mighty is the Lord God who judges her.
Threefold Woe Over Babylon’s Fall
9 “When the kings of the earth who committed adultery with her and shared her luxury see the smoke of her burning, they will weep and mourn over her. 10 Terrified at her torment, they will stand far off and cry:
“‘Woe! Woe to you, great city, you mighty city of Babylon! In one hour your doom has come!’
11 “The merchants of the earth will weep and mourn over her because no one buys their cargoes anymore— 12 cargoes of gold, silver, precious stones and pearls; fine linen, purple, silk and scarlet cloth; every sort of citron wood, and articles of every kind made of ivory, costly wood, bronze, iron and marble; 13 cargoes of cinnamon and spice, of incense, myrrh and frankincense, of wine and olive oil, of fine flour and wheat; cattle and sheep; horses and carriages; and human beings sold as slaves.
14 “They will say, ‘The fruit you longed for is gone from you. All your luxury and splendor have vanished, never to be recovered.’ 15 The merchants who sold these things and gained their wealth from her will stand far off, terrified at her torment. They will weep and mourn 16 and cry out:
“‘Woe! Woe to you, great city, dressed in fine linen, purple and scarlet, and glittering with gold, precious stones and pearls! 17 In one hour such great wealth has been brought to ruin!’
“Every sea captain, and all who travel by ship, the sailors, and all who earn their living from the sea, will stand far off. 18When they see the smoke of her burning, they will exclaim, ‘Was there ever a city like this great city?’ 19 They will throw dust on their heads, and with weeping and mourning cry out:
“‘Woe! Woe to you, great city, where all who had ships on the sea became rich through her wealth! In one hour she has been brought to ruin!’
20 “Rejoice over her, you heavens! Rejoice, you people of God! Rejoice, apostles and prophets! For God has judged her with the judgment she imposed on you.”
The Finality of Babylon’s Doom
21 Then a mighty angel picked up a boulder the size of a large millstone and threw it into the sea, and said:
“With such violence the great city of Babylon will be thrown down, never to be found again. 22 The music of harpists and musicians, pipers and trumpeters, will never be heard in you again. No worker of any trade will ever be found in you again. The sound of a millstone will never be heard in you again. 23 The light of a lamp will never shine in you again. The voice of bridegroom and bride will never be heard in you again. Your merchants were the world’s important people. By your magic spell all the nations were led astray. 24 In her was found the blood of prophets and of God’s holy people, of all who have been slaughtered on the earth.”
The past and future president of Russia, Vladimir Vladimirovich Putin, recently said:
"They are living beyond their means and shifting a part of the weight of their problems to the world economy," Putin told the pro-Kremlin youth group Nashi while touring its lakeside summer camp some five hours drive north of Moscow.
"They are living like parasites off the global economy and their monopoly of the dollar," Putin said at the open-air meeting with admiring young Russians.
It is hard to disagree that America is abusing her reserve currency status. One reason that we are not experiencing inflation is that we are exporting it to other countries, especially China. China, Japan, and yes even Russia have large investments in American Treasury Bills. Finance ministers around the world are not sleeping well.
Last year at Davos, a economic meeting of various big wigs and elites, Putin said this:
In the 20th century, the Soviet Union made the state's role absolute. In the long run, this made the Soviet economy totally uncompetitive. This lesson cost us dearly. I am sure nobody wants to see it repeated.
Nor should we turn a blind eye to the fact that the spirit of free enterprise, including the principle of personal responsibility of businesspeople, investors and shareholders for their decisions, is being eroded in the last few months. There is no reason to believe that we can achieve better results by shifting responsibility onto the state.
And one more point: anti-crisis measures should not escalate into financial populism and a refusal to implement responsible macroeconomic policies. The unjustified swelling of the budgetary deficit and the accumulation of public debts are just as destructive as adventurous stock-jobbing.
We live in a world I thought we would never see. A world where the past and future president of Russia under-stands economics better than the present and future president of America. I think we have to agree that not only is Putin more econo-mically correct, but he also looks better without a shirt.
In 1998, Dane A. Yirkovsky, a Cedar Rapids, Iowa, man with an extensive criminal record, was back in school pursuing a high-school diploma and working as a drywall installer. While doing some remodeling work, Mr. Yirkovsky found a .22 caliber bullet underneath a carpet, according to court documents. He put it in a box in his room, the records show.
A few months later, local police found the bullet during a search of his apartment. State officials didn't charge him with wrongdoing, but federal officials contended that possessing even one bullet violated a federal law prohibiting felons from having firearms.
Mr. Yirkovsky pleaded guilty to having the bullet. He received a congressionally mandated 15-year prison sentence, which a federal appeals court upheld but called "an extreme penalty under the facts as presented to this court." Mr. Yirkovsky is due to be released in May 2013.
Mr. Yirkovsky was rather unthinking, but 15 years in prison for a bullet?
The laws are vague, on purpose. That way anyone can be persecuted prosecuted. Even the Supreme Court is starting to take notice of this:
Earlier this year, Justice Antonin Scalia, in a dissent from a Supreme Court decision upholding a firearms-related conviction, wrote that Congress "puts forth an ever-increasing volume" of imprecise criminal laws, and criticized lawmakers for passing too much "fuzzy, leave-the-details-to-be-sorted-out-by-the-courts" legislation.
The courts are being used more and more as a tool to punish people the government does not like, even if the "crime" is so obscure that it is unlikely anyone knew it was a crime.
But when legislators "criminalize everything under the sun," Ms. Coughlin says, it's unrealistic to expect citizens to be fully informed about the penal code." With reduced intent requirements "suddenly it opens a whole lot of people to being potential violators."
That is the purpose of the law. Even trying to do the "right" thing no longer matters. Here is my concluding example.
When a humpback whale got tangled in his fishing-boat net in 2008, Robert Eldridge Jr., a commercial fisherman, says he had one overriding thought: free it. He freed the whale, although it swam away with 30 feet of his net still attached.
A few weeks later, he was charged with harassing an endangered species and a marine mammal. Under federal law, Mr. Eldridge was supposed to contact authorities who would send someone trained to rescue the animal. The law is designed to prevent unskilled people from accidentally injuring or killing a whale while trying to release it.
Mr. Eldridge says he was fully aware of the federal Marine Animal Disentanglement Hotline for summoning a rescuer. But "it didn't cross my mind to do anything but keep it alive. I thought I was doing the right thing," the Massachusetts fisherman said.
There were two federal observers aboard his boat that day, performing routine checks, who reported the incident, according to court documents. Mr. Eldridge's potential sentence was one year in jail and a $100,000 fine.
Mr. Eldridge, 42, pleaded guilty and has a misdemeanor on his record. He was fined $500 and ordered to write a warning letter to other fishermen to look out for whales.
It is counterintuitive to let the animal die. But that is exactly what the law demands because of the time it would have taken for the "proper" authorities to respond.
In our Justice System, common sense in the first casuality.