Tag Archives: Wall Street

My Comments to CNN Headline News

Constantly calling Nadya Suleman Octo-Mom is purposely dehumanizing. So Nadya Suleman is dysfunctional, unrealistic and she lied to her mom but unlike you HLN folks, she isn’t vicious, malicious and I don’t see her chewing up the weak. When your expert tried to point out her strengths you shut him down then went on beating your cannibal drum over Suleman’s obvious frailties.

Seriously, if her short comings were grounds for child protection then a large cross section of the population would be in foster care. What is it in our society that we are so eager to chew up those who are clearly weak, fragile and fall short. Nadya Suleman isn’t an alcoholic, drug addict, she isn’t abusive and she is clearly far from being perfect. So what. Our society has score of children living with parents who are addicted and violent. While her mental health is a concern, raising children in poverty isn’t a crime. I’ve seen as many rotten kids raised by economically stable and well-to-do families as I have poor ones.

Take your torches and pitchforks after the tax sucking Wall Street bankers, their character and short comings should be under the microscope. Given their recent conduct how fit they are to raise children, clearly they too are dishonest embezzlers who have no sense of responsibility or reality. Even worse they demonstrate abject contempt for the whole of society… or does money make a lack of reality and moral fiber more palatable?

Reblog this post [with Zemanta]

Leave a comment

Filed under health, Life, News

It’s Never Good

The Nadya Suleman Family Website
Image by mike912mueller via Flickr

I hate it when I fall asleep with the TV on, I always end up waking up at the crack of dawn to news that irritates me to the point that I can’t go back to sleep. Who knows maybe it isn’t the news maybe I’m just that crabby at 4 A.M., it is possible. Nonetheless, I fell asleep to Anderson Cooper and woke up to the CNN guy who broadcasts before the CNN girl, Jane whatever-the rest-of -her-name-is.

I don’t feel compelled to give either  middle of the night CNN anchor a full name because they keep calling Nadya Suleman “Octo-Mom”.  I’m not condoning Nadya’s decision making,  defending her competence or that of her doctor but calling her “Octo-Mom” is a deliberately dehumanizing gesture on the part of the media and it only serves to feed into the public hate-frenzy surrounding her as did both programs.

At the crack of dawn  Broadcast-Jane’s CNN program showed a clip of Nadya Suleman arguing with her mother. The first time the clip was played long enough for viewer to hear Suleman tell her mother that she needed to “let go”  as the clip played on Suleman completed her thoughts by connecting that statement to her decision to have all 8 babies. Essentially what Suleman was telling her mother was that the babies are already here and that she can’t change what’s already happened and Suleman was asking her mother to let go of an issue that could no longer be changed.

Call me crazy but I thought that it was an entirely rational response, Suleman can’t go back and make a different decision. Whether her parents or the public agree or disagree the babies are indeed here and continuing to berate her for her decision making won’t change history and certainly won’t improve anyone’s situation.

But what CNN’s Broadcast-Jane did after that was to only play the clip long enough to hear Suleman tell her mother that she needed to “let go”, without giving the statement any context and making it appear as though Suleman was telling her mother to let go of her grandchildren all together. Naturally Broadcast-Jane’s professional guest panel ripped the statement apart having taken her statement completely out of context.

Later Broadcast-Jane’s program showed a clip of Suleman kissing the cheeks of one the older twins while she held him drinking his bottle. One of  members of Broadcast-Jane’s expert panel called the  Suleman cheek kissing “inappropriate.”  Seriously? I witness what I would deem inappropriate every time I go shopping, an overdose of chubby cheek kissing and raspberry belly-blows would be a very welcomed change!

My question is this, how would the media have depicted her if she would have just sat there? Disconnected, unresponsive…I think we all know that no matter how Suleman responded no one was going to depict her in a fair light, let alone a favorable light. None of the experts seemed to note  the body language of the baby she was holding. It certainly wasn’t the first time that child had been held and rocked while he drank his bottle. He relaxed into her like the position was familiar, he made eye contact with her and he looked healthy, well, relaxed and happy, all of her kids did.

If Sulemon belongs under a microscope then so does every low income or slightly dysfunctional person in the country. We condone the Duggers issuing a new baby every year and their up to baby 18, seriously how much does Mr. Dugger earn without television and advertising?  How much of their family’s help with younger children comes from older sibling? What about the John Gosselin from John and Kate Plus Eight…when they decided to give birth to all 6 babies did they know how they were going to afford to care for all of them?  Didn’t they take incredible risks to the childrens health by not reducing the number? When their babies were born did they have a big enough house for 6 cribs? How many embryos were implanted in Kate to make 6 babies and who paid for her postpartum plastic surgery?

I’m sorry Broadcast-Jane but if kissing the chubby cheeks of babies is “inappropriate” then I’m perpetually out of line and my friend Mary Strohmayer. who is a mother of 5,  is a criminal! She comes from a family of 5 rambunctious brothers, has 5 children of her own, is dying to be a grandmother and has nieces and nephews stacked to the ceiling, I know for a fact that she also shamelessly kisses chubby cheeks because I’ve witnessed it more at her house than in any other home I’ve ever been in.

The bottom line is, whether we agree or disagree the babies are here and we all need to let go and move on. If you object to what happened write to your Congressman and have a bill drafted that establishes stricter guidelines for fertility clinics. But to call Suleman’s baby kissing inappropriate and in the same breath ignore the conduct of the scores of people camped out and following Suleman to shouting obscenities and scream about tax payer dollars. What kind of experts are these to object to cheek kissing and over look cruel malicious behavior? What kind of a a hate filled society do we live in and why are we so willing to rip the weak to shreds.

What makes it all even more perplexing  is the fact that a massive group of completely rational, financially secure   Wall Street bankers just ripped American tax payers off for billions. I don’t understand why tax concerned hate-mongers aren’t shouting at them from Wall Street, screaming for the return of unearned bonus money and their resignations! Frankly I think they are by far more deserving of our public outrage. Watching Bernie Madoff  smirking at the media as he makes his way to his penthouse lights my fuse in a way that Suleman’s food stamp mony never will. Isn’t the money going straight back intot he economy because its ALL getting spent on food at her neighborhood grocery store? And the billions given to banks…well part of our economic issue stems from the fact that they’re not loaning out the money so it isn’t helping the economy.

Again, I’m not saying I agree or condone but I think all perspective has been seriously lost, and I think in a number of ways Sulemoan is being demonized by the media as seen on Jane Velez Mitchell’s program.  Suleman may be dysfunctional and misguided but you’ll find that among any group of parents, she isn’t hurtful, she isn’t malicious and her children are at ease and well.

Reblog this post [with Zemanta]

1 Comment

Filed under health, Life, Technology

Go Suzy!

Tonight on CNN Anderson Cooper asked Suzy Orman what she thought of the payouts given to Wall Street bankers and she said – They should pay  the money back .

The 8 CEO’s who testified before Congress today paid themselves aproximately 191 million dollars in bonus money in 2007.

Confiscate the bonus…

Leave a comment

Filed under Government, New York, Politics, United States

Congressman Oberstar Responds to Jody’s Plan for Wall Street

Update:  Wed., February 04, 2009

Obama Limits Bailed-out Bank CEO Pay To $500,000 

Veiw Obama Press Conference

WTG OB Juan!

I’m somewhat staggered by Congressman Oberstar’s response time with regard to my Wall Street Plan, I assume that they must have heard from a number a of constituents on this subject, even so a reply usually takes more than 3 days.

While the measures taken fail to go far enough I give five gold stars to Jim Oberstar’s staff for quickly responding to email.

To read the original blog post: Jody’s Wall Street Plan, Confiscate Bonuses, Cap CEO Compensation & Fire Top Executives

Congressman Oberstar’s reply:

Dear Ms. Scott Olson:

Thank you for expressing your thoughts regarding the financial rescue legislation. I appreciate hearing from you on this important issue.

I fully understand the level of anger and anxiety regarding the current financial crisis. The credit crunch has made it more difficult for Minnesota businesses to obtain sufficient credit to purchase inventory or meet payroll, and impacted the ability of Minnesotans to borrow money for homes, cars, and college. The threat to our national economy is real, and the failure to stabilize financial markets will hurt Main Street Minnesota as well as Wall Street.

The Emergency Economic Stabilization Act (P.L. 110-343) was signed into law on October 3, 2008. It authorizes the Department of the Treasury to purchase $700 billion of troubled assets through the Troubled Asset Relief Program (TARP), includes a process for the taxpayers to be repaid in full, and contains essential independent oversight and transparency protections. I supported this legislation because of the substantial improvements that were added to the original Bush administration proposal and my honest assessment of the consequences of inaction.

Unfortunately, the Bush administration did a poor job of implementing this program. Oversight of the program has found the Treasury lacking in its responsibility to monitor how the funds are being used, and Secretary Paulson was ineffective in pressuring participating institutions to increase lending.

On January 21, 2009, the House of Representatives passed, with my support, the TARP Reform and Accountability Act of 2009 (H.R. 384) by a vote of 260 to 166. This legislation would take significant steps to strengthen accountability, close loopholes, increase transparency, and require the Treasury to take significant steps on foreclosure mitigation. Specifically, any institution participating in the TARP program would be required to submit public reports of how the funds were used. These reports would be published online for the public to view. The legislation would strengthen executive compensation requirements for participating institutions to include, among other provisions, prohibiting bonuses to the 25 most highly compensated employees and prohibiting all golden parachute payments. Additionally, the legislation would require $40 billion to $100 billion for foreclosure mitigation, which could include loan modification or refinancing.

I will continue to support efforts to address the economic crisis. Taxpayer protections, limits on executive compensation, accountability, transparency, and common-sense regulation of the financial and housing industries remain important priorities in these efforts.

With best wishes.

Sincerely,

James L. Oberstar, M.C.

Leave a comment

Filed under Government, Politics, United States

Jody’s Wall Street Plan – Confiscate Bonuses, Cap CEO Compensation & Fire Top Executives

Update:  Wed., February 04, 2009

Obama Limits Bailed-out Bank CEO Pay To $500,000 

Veiw Obama Press Conference

I fell asleep with my television on last night and woke up to CNN reporting on Claire McCaskill calling for a $400,000.00 compensation cap on bailout recipient pay. I was hardly inspired, in fact I was so irritated that I couldn’t go back to sleep.  Instead I made coffee and I drafted my own dreamy, dream world plan for Wall Street.

First, these are the people who made bad decisions, gave themselves obscene bonuses despite devastatingly poor performance, laid off everyone around them and then handed the American taxpayers the tab. Now it seems that Washington is coming up with ideas and plans to make sure these individuals behave more responsibly in the future.

My question is: Why do they still have jobs?  They made very bad decisions in the recent  past, why legislate against willfully negligent, irresponsible, treasonous behavior when they should have been fired and then  figuratively tared and feathered?

Since Americans are hellbent on spouting the virtues of capitalism then technically bailouts don’t exist, the death of a corporation is a cleansing act, the good filtered from the bad. Obviously, we can only tolerate capitalism when the greenbacks are flowing but when it comes to the harsh reality of being a capitalist it appears we don’t have the stomach to pull the trigger…so we’re really only situational capitalists.

If we don’t have the stomach to let them tank as part of a natural capitalistic process then at the very least we should have the good sense to filter the crap from the pool by firing the top executives. Then  legislate against negligence, irresponsibility and idiocy without worrying about controlling specific idiots…idiots who have already demonstrated their unabashed willingness to defecate all over the American people. After that cap, not just pay but ALL compensation,  confiscate the bonuses and call their conduct what it is: TREASON…even better HIGH TREASON!

Definition High Treason: Criminal disloyalty to one’s country.

Definition Treason : Oran’s Dictionary of the Law (1983) defines treason as: “…[a]…citizen’s actions to help a foreign government overthrow, make war against, or seriously injure the [parent nation].

Traitor: a person who betrays (or is accused of betraying) their own nation, family, friends, ethnic group, religion, social class, or other group to which they may belong.

Huffington Post: Claire McCaskill on compensation cap

The Hill: Senate Banking Chairman, Confiscate Bonuses

John Thain

2 Comments

Filed under Government, New York, Politics, United States