Rabu, 25 Januari 2012

Clipping blog

Clipping blog


Ladies and Gentlemen, I Might Just Have a Conservative Star for You.

Posted: 24 Jan 2012 09:13 PM PST

I believe I have seen the future of Maryland politics and his name is Dan Bongino. He is a former Secret Service agent and New York City police officer, husband to a wife who legally emigrated from Colombia, and he’s running for the United States Senate seat currently held by Ben Cardin.

My friend Jim is working with Bongino’s campaign and filmed a brief snippet of a speech he gave at a Tea Party rally this past October. The speech is short, but quite powerful. Take a look. I think you’re going to like him quite a lot.

If you’re so inclined, he could use your help. Whether you kick him a few bucks or sign up to volunteer to help him beat Senator Cardin, I’m sure he’ll put what you give to very good use. He doesn’t seem like a man who wastes what he’s given.

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The Delivery Presents – The Show in Which I Wade Into High Finance

Posted: 24 Jan 2012 08:53 PM PST

By now, you know from listening to the show that I can get a little bit excitable, and that oftentimes that excitability comes out against those who would be my political allies. That happened again in Episode 130.

I’ve seen a lot of blog posts and news articles about the housing and credit crisis, but none that delved into the actual causes of both like two books I’ve recently read: Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon and The Big Short: Inside the Doomsday Machine. I finished both of them in about a month, then spent a few days really thinking about what I had read. Then I got angry. See, what really happened to bring about both crises boiled down to basic, garden-variety greed and not some sinister government plot to advance socialism or Wall Street plan to screw the little guy. Just greed.

The reason it’s important we know why the credit and housing markets imploded is that we will undoubtedly see other bubbles in other markets and some of the same stuff that happened in banks, investment houses, government offices, and mortgage companies may well happen again. People with a desire to make a bazillion dollars greater than their own good sense will devise elaborate schemes that won’t be illegal but will certainly be wildly reckless. And we’ll need to recognize when it happens so we can stop it before it escalates to disaster. We have to get it right so that we don’t go through it again. We really don’t want to go through this again.

As it happens, both my picks for the AFC and NFC Championship games came up wrong, though I am glad to see that they were just a little bit wrong. I pretty much came within a play in each game of being almost completely right, which doens’t count for very much, I’m afraid. That’s why I never bet on sporting events. Almost doesn’t count for much when money is on the line, right? Perhaps, if I get courageous, I’ll try to pick the Super Bowl, Just promise me you won’t actually put anything tangible on my prediction!

The Delivery - Episode 130

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