My mother always said, if you can't say anything nice, don't say anything at all. She also said, dance with the one who brung ya.
Therefore thinking of my mother today as Senator Specter switches parties, I say the only nice thing I can think: Senator Specter. A man who can count to 60...
Above: Sen. Specter, Counting to 60 using Both Hands and his Eyeglasses.
Pun absolutely intended.
Senator Claire McCaskill has called Wall Street CEOs "idiots," and following the leadership of President Obama when he admonished Wall Street for paying performance bonuses, proposed capping Wall Street total compensation at $400,000. The amount is the same as the President's salary.
Senator McCaskill originally lobbied in the Senate for raising the minimum wage. Curious that she's now taking a deeply inconsistent position. Although I applaud Senator McCaskill for pledging not to use earmarks, that's about the only thing I can find to agree with her about right now.
This level of regulatory intervention in corporate affairs is more than a little sinister, and deeply inappropriate. Even if Senator McCaskill think wall street tycoons are "idiots" does she really think that replacing their judgment with the judgment of the House and Senate will lead to greater financial probity? If anyone is a poor manager of funds-- it's Congress. See, for example: the national debt, pork barrel spending, and the failure to understand that one cannot keep paying social security to more and more recipients with fewer and fewer people paying into the system.
Anyone else still think that the bloated bailout is not the first dangerous step down the slippery socialist slope? And can anyone say slippery socialist slope six times fast?
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