Author Archives: Bok
Open Mic
Sarkozy and Obama had one of those open mic moments at the G-20 Summit in France. Sarkozy called Benjamin Netanyahu a liar and Obama complained that he has to deal with him everyday.
Real Scandal
Politico had over 90 stories last week about the Herman Cain sexual harassment allegations. It’s still unclear just what is being alleged but it doesn’t appear to include pulling down his pants and ordering a subordinate to “kiss it”. That would be the charge against President Bill Clinton from about the same era.
Oddly, women’s groups swarmed to the defense of the “lovable rogue” and, after being impeached, he weathered the storm – minus his Arkansas law license.
None of us, however (at least not the 99%), weathered the storm caused by another scandal with racial overtones. Paul Sperry reported in IBD, how Clinton pressured financial institutions to make home loans to the un-creditworthy. Meanwhile, MSN Money quotes David Weidner, of Marketwatch, saying Clinton’s biggest mistake was the repeal of Glass-Steagall.
Business Week reported this week that, after stating a $4.4 billion loss for the third quarter, Freddie Mac will seek an additional 6 billion dollar bail-out from taxpayers.
Stuck on the Tarmac
More than 200 JetBlue passengers were stranded on the tarmac for 7 hours on Saturday. The Boeing plant in South Carolina has been sitting on the tarmac since April. Pelosi thinks it should stay that way until its workers un-decertify their union.
Empty Gesture
The Politico story about an alleged incident 15 years ago, with little if any evidence, has advanced to a charge by Herman Cain, with little or no evidence, that Rick Perry is behind it. It all means more strange appearances by Cain’s manager, Mark Block.
NBA Class Warfare
The NBA millionaires want the billionaires to pay their fair share – to them. That would be 52.5% of revenues, which is actually less than the 57% they get now. The owners are holding out for a 50-50 split. Meanwhile the ushers, beer, and nacho sellers are stuck with 100% of nothing.
