Enough about AIG

March 17th, 2009 by Quan Tranh

Right now everyone is having a field day with AIG and their $165M bonus.  Well I say suck it up America.  First of all those bonuses were contractual obligations.  The first thing you learn about business is you honor contracts.   If AIG had been allowed to fail and go into bankruptcy then a judge could have wiped out all those contracts, but both the Bush and Obama administration have decided to keep feeding the parasite.  That money was destined to go to whomever it did, so no crying about it.

Now the brilliant people on FoxNews are saying that, hey “we” own 80% of them and don’t we get a say?  Well, did the Federal Government call a board meeting to say “We’re the new owners and the new policy is no bonuses or stock options until we say so”?  No, they didn’t.  Though to be slightly fair I bet they didn’t think they needed to call an emergency board meeting to get that point across.

The other dilemma that the people at FoxNews are facing is that the Board has a fiduciary duty to perform.  I doubt it would be legal for any Board of Directors of a public company to simply say, we’re not paying our contractual obligations in terms of bonuses or to foreign creditors (German and French banks) that we owe money to because it’s the American people who own this joint now.  The new stock holders (the government) should have proactively gone to all of the banks that AIG owes money to in order to get a better rate or defer payment until things stabilize.  It’s too late for that now, but Geitner should have a great To Do list.

The other rant I have is about all the Las Vegas parties that the financial industry haven’t canceled.  I’m not up to date on Nevada law, but in Georgia you are not entitled to a refund if you pay in advance.  If you pay your gym membership up front, you get a form that tells you under state law you have no recourse if the other party fails to perform because you are paying in advance and that the seller will not issue refunds for any reason even if the business closes.  You are entering into a 1-year or 2-year contract with payment in full in advance after all.  If I’m running a resort and I have some big wall street types, or small business types or a wedding party, wanting to rent the place out, you can sure bet I’m going to stick them with the non-refundable contract under state law.  They can either cancel their party and I keep their money, or they can throw the party and I can keep their money.  So, don’t be mad at Wall Street for continuing to party.  They’re just doing business with ordinary people who have a facility to rent.

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ND Legislature Gives Clump Of Cells Personhood

March 2nd, 2009 by Quan Tranh

The ND Legislature has voted to give a fertalized egg the rights of a person.

The bill declares that “any organism with the genome of homo sapiens” is a person protected by rights granted by the North Dakota Constitution and state laws.

The bill passed 51-41 and is sponsored  Republican Dan Ruby.  Like many Republicans he attempts to get votes from “the core” of the party, unfortunately he has opened up a can of worms that doesn’t help out the Republican party.

“Human embryo” means all human beings from the beginning of the
embryonic period of their biological development through eight weeks,
irrespective of age, health, function, physical dependency, or method of
reproduction, whether in vivo or in vitro.

So harming a “human embryo” is the same as harming a person according to this clown.  This effectively means that birth control is off the menu in North Dakota since you are bringing harm to the embryo by net letting it implant in the uterus.  It would also ban fertility treatments since some of the fertalized eggs are discarded or simply fail to implant.  The creation of a “human embryo” with the knowledge that you may not have a successful implantation may be harming that embryo.

The state shall naturalize all preborn persons and shall afford to them all the
privileges and immunities of state citizenship guaranteed in section 21 of article I of
the Constitution of North Dakota, except that the state is not required to include
preborn children in state and local censuses

Rep. Ruby should be glad North Dakota does not border Mexico.  Mention of the word “citizenship” for the preborn would bring thousands of illegals across the border who don’t get the meaning of what is being accomplished here.

The people over at Office of Strategic Influence had an interesting thought.  Since an embryo is a person, does that mean that uploading your ultrasound to Facebook to share with all your friends is Child Pornography?  You are taking a picture of a nude “person” under the age of 18 and distributing it on the Internet.  Unintended consequences and as idiotic as some prosecutors are expect someone to make a name for themselves by charging people for distribution of child pornography.

The right to life is the paramount right of a person. The right to life is a more
fundamental right of a preborn child than the mother’s right to liberty or pursuit
of happiness, which does not include the right to kill other people. In no way
does a child’s right to life interfere with a mother’s right to life.

Whoa! Here come the Christian Taliban!  The right to life of a preborn child is greater than the mother’s right to liberty or pursuit of happiness.  There is no logic in this piece of legislation.  The pursuit of liberty and happiness is paramount.  Being stuck with a parasite for 9 months then a leech for 18 years interferes with both.  Logically speaking, you can always make another which means the woman has higher priority than any preborn.  She can always make another and we would assume that she is currently contributing to society, whereas a preborn has at least 15 years before they begin doing anything useful due to silly laws.  At least we Asians start contributing at an earlier age in our home countries.

This is clearly in line with something the Taliban would say, therefore we must oppose any legislation that puts our government on a sympathetic track with the terrorists we are fighting against.  Women fought a long time for rights in this country and anything that reduces the importance of women, or those of us that are already here for that matter, is sympathizing with Islamic terrorist philosophy which treats women as less than goats.  The idea that a state representative would commit to writing the idea that freedom and the pursuit of happiness is secondary is frightening and a sign that our elected officials do not have the interests of the American people in mind.  People being those of us that contribute to society and pay the politicians salary.

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Pelosi Says No to Alcatraz

January 26th, 2009 by Quan Tranh

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.

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Kennedy Qualifications

January 8th, 2009 by Quan Tranh

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.


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Madoff Victims Get Bailout

January 3rd, 2009 by Quan Tranh

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.


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Idiot Prosecutor Charges Girl With Child PornographyTo Set Guidepost

December 27th, 2008 by Quan Tranh

We now see what was going on with ass hat prosecutor Ken Oswalt.  In a previous post we covered how this idiot is charging a 15-year old girl with child pornogarphy for taking pictures of herself.  New news coverage has been released and we get to see what this jerk is all about.  He’s not charging her with something that will have her sent away for 20-years or make her register as a sex offender because what she did was wrong.

“I wanted to see what happened here and use that as a guidepost to see what the court finds appropriate,”

That’s right ladies and gentlemen.  This asshole is going to toy around with this girls life because he wants to set some kind of legal precedent.   He actually has the balls to say that he’s not doing his job, but he is instead doing legal research.

The other thing here is that a cellphone is now a criminal tool.

The defendant entered a plea of admit to one count of possession of criminal tools, a fifth-degree felony, for the employing a cell phone to transmit nude photos of herself to others in September.

That’s right a cellphone is a criminal tool.  This is a great win for the PATRIOT ACT fan club.  There are over 500 million felons in the US.  No, I’m not being too rough on the injustice system here.  This is just idiocy that this prosecutor would consider all cellphones a criminal tool and then make this poor girl plead guilty to possessing a god damn cellphone.  Watch out Steve Jobs!  Ken Oswalt is going to be coming after you next for making criminal tools.  The next innovation from Apple will be the iJail.

What a waste of taxpayer money and of a few kilobytes of space in the Bar Association’s database.  This guy needs his law license revoked and his records need to be deleted from the system.

We’re reposting Mr. Oswalt’s contact information again in case you feel that he didn’t understand what you said the first time when you informed him that he’s an ass hat.

Licking County Prosecutor’s Office
20 S. Second St, Newark, Ohio 43055
General Telephone number: (740) 670-5255
Fax 740-670-5241

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Mumbai Terrorists Actually Frusterated Gay Men

December 27th, 2008 by Quan Tranh

Any religion that advocates strict sexual repression usually has unintended consequences of that repression.  Recent news has been released that the terrorists in Mumbai sodomized both male and female hostages.  According to reports the terrorists were so sexually frustrated that some of them were fighting the police while others were performing gay acts on their victims.

Mumbai Terror Victims

Mumbai Terror Victims

This raises the stakes in the War on Terror.  Not only do we have to worry about being killed by the terrorists, but we now have to be worried about being sodomized as well.  The main problem here is that police officials still say that you’re better off not resisting than trying to fight back if you’re kidnapped or taken hostage.  That strategy really worked well on 9/11 didn’t it?  It will be interesting to see when law enforcement types get their heads out of their asses and realize that there is a greater than 50% chance of getting killed by any perp when certain crimes are committed.  I’m just waiting for some papers at Ready.Gov to be published detailing how we should be ready for a back door terrorist invasion.

I noticed that the Pope is silent on this issue specifically, but he does liken gayness to Global Warming.  So if there is a connection here, then why don’t we save the planet by bombing the gay terrorists out of existance?  It’s something both liberals and conservatives can agree on.

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Saudi Court Rules 8-Year Old Can’t Divorce 58 Year Old Husband

December 22nd, 2008 by Quan Tranh

pThe loving religion of Islam is shown that it loves the rights of men, not women and children. A judge in Unayzah has a href=”http://www.dailymail.co.uk/news/worldnews/article-1099447/Saudi-court-tells-girl-aged-EIGHT-divorce-husband-50-years-senior.html”ruled/a that the eight year old girl may not divorce her husband until she reaches puberty. The father of the little girl apparently sold her off for 5000 GPB (10,000 USD, 125M VND) because he was having some financial trouble. This sort of thing is quite normal for that part of the world where child brides are quite common. Even Mohammad consummated his marriage with an 8-year old. So what we have here is a judge sanctioning the molestation of a child for at least another 5 years. Is this the multicultural world you’re looking forward to? Politicians in Mississippi and West Virginia need not answer that./p

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Why the Terrorists Are One Step Ahead Of US

December 9th, 2008 by Quan Tranh

Keeping track of terrorist networks is very difficult according to most reports, but there are many problems with our own infrastructure that could be dealt with. The FBI is investigating the German heavy metal band, Scorpions, because a record (yes before CDs and cassettes) cover may have child pornography on it. Now first of all if the terrorists are going to nuke an American city you would think that was the priority, especially since the odds of terror attack are better than even. Aside from law enforcement being ordered to waste its time on something totally absurd, the real absurdity is that this record is 32-years old. It took 32 years for the top brass in Washington to notice something being sold in broad daylight in the US. If our own government notices a potential crime 32 years later, don’t expect them to do a good job of preventing terrorism before it happens. If you are lucky you’ll see a government report about why Dallas is missing 32 years after the incident happens.

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Muslim Slavery 101

December 1st, 2008 by Quan Tranh

An interesting fact, Muslims consider blacks inferior and submissive as part of their religion.  The other interesting statistic is that a majority of slaves shipped to the Americas were male and around 10% did not survive the journey.  Contrast that with over 80% of slaves shipped to the middle east not surviving and the majority being female for the purposes of sexual exploitation.  Still think that the War on Terror isn’t that important?  Historical precedent has shown that the terrorists already look down on certain people in the world, the infidel, and the abid (a term used to describe all blacks as being slaves).  Realistically speaking they are no different than barbarians who want to exert their power over those they consider inferior.  Remember that the infidel and/or the abid could be your friends, family members, or your commander in chief.  You may not like any of the above, but if you care about your mothers, sisters, and daughters you really should think of what a world for them would be like if the terrorists win.

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