Viet-Justice

There are many proposals being kicked around as to what to do with our foolish friends at Gitmo when the prison closes.  Nancy Pelosi has decided that she doesn’t want the terrorists in her state.  Great!  Not in my back yard.  I get that, but her justification is pretty lame.

“Alcatraz is a tourist attraction. It’s a prison that is now sort of like a — it’s a national park.”

Pelosi has obviously missed the boat here.  If you say “tourist” with a Texas accent you get “terrorist”.  Just a little change in marketing and you can now sell it to the people.  But let’s look further into this.  It’s a national park.  It’s a prison, that is a tourist attraction, and is a national park.  What do you call a park that attracts tourists and is a prison?  It’s called a zoo.  Add some Al-Qaeda baboons and you’re all set.

Just seen on TV. CNN poll says 42% think Kennedy is Qualified, 21% don’t know, 27% say no. Of course she’s qualified. She’s a Kennedy.

Another sign the country has gone to hell. Apparently the Madoff victims are going to get a bailout.  Not the traditional bailout we’ve seen, but it is the usual spreading the wealth, or rather loss in this case.  Apparently everyone who cashed in before Madoff’s ponzi scheme collapsed must give back both their earnings and principal.  Apparently authorities are going to use a similar case as legal guidance.

In October 2008 a judge in the Bayou case, Adlai Hardin Jr., ruled that investors who cashed out their interests within two years of the scheme’s exposure had to hand back their principal as well as their profits—even though they were innocent victims of the swindle—if there was evidence that they got out because they suspected, or had been warned, there was something amiss. (The court also ordered profits made within the last six years to be surrendered.)

Mitchell Banas, a lawyer who represents an endowment for Christian Brothers High School in Memphis—which got its money out of the Bayou fraud before it collapsed but now must return both profits and principal—says the outcome is “extremely unfair.”

So, if I’m reading this right if you invest in the stock market and you lose, then you can expect everyone who cashed out to pay you off.  Following this logic any stock holders of Enron who got out before the collapse should be paying their entire investment (read savings) out to the losers who were holding stock on the day Enron collapsed.  This explains why our government is bailing out GM and Chrysler.  Some idiots seem to believe that the winners will bail out the losers.  This means that our free market system is going down the toilet.  Las Vegas will also be wiped off the map due to this sort of thinking.  I also believe it is a racist policy.  Think of all the Indian reservations that will go out of business if the house has to share it’s winnings with people that lose money.