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commentary on Politics and a little bit of everything else

NASCAR's "Rubbin' is Racin"….and it's effects…..

Yes…… that car is standing on its fender……..

And it got that way because one driver deliberately sent it that way…….

It might get more ohs’ and ahs’..and it might get someone really hurt……

Boys, have at it and have a good time,” Nascar’s vice president for competition, Robin Pemberton, said in January. If drivers wanted to use their fenders to bump others on the track — “Rubbin’ is racin,’ ”as they say — Nascar would not necessarily penalize offenders.

An inevitable result of that approach came Sunday during a Sprint Cup race at Atlanta Motor Speedway, where Carl Edwardsdrove his No. 99 Ford deliberately into the rear quarter panel of Brad Keselowski’s No. 12 Dodge. The hit sent Keselowski’s car airborne in a wreck that could have injured not only the driver but fans as well. No one was hurt, but Keselowski and the former driver Kyle Petty called for Nascar to penalize Edwards.

Nascar idled Edwards for the rest of the race as punishment after the accident — he finished 39th — and met with him at the track. Officials are expected to decide on further penalties as early as Tuesday.

“It looked like it could have been payback from the No. 99 on the No. 12,” Pemberton said after the race. “We talked with Carl after the race and we have an understanding about it.”

Edwards freely acknowledged the hit was deliberate after Keselowski wrecked him earlier in the race. Edwards wrote this on his Facebook pageSunday night:

“My options: Considering that Brad wrecks me with no regard for anyone’s safety or hard work, should I: A-Keep letting him wreck me? B-Confront him after the race? C-Wait til Bristol and collect other cars? Or D-Take care of it now? I want to be clear that I was surprised at his flight and very relieved when he walked away. Every person has to decide what code they want to live by and hopefully this explains mine.”

More…….

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March 8, 2010 Posted by | Automobiles, Blogs, Counterpoints, Entertainment, Family, Health, Media, Other Things, Sports, Updates | , , | Leave a comment

NASCAR’s “Rubbin’ is Racin”….and it’s effects…..

Yes…… that car is standing on its fender……..

And it got that way because one driver deliberately sent it that way…….

It might get more ohs’ and ahs’..and it might get someone really hurt……

Boys, have at it and have a good time,” Nascar’s vice president for competition, Robin Pemberton, said in January. If drivers wanted to use their fenders to bump others on the track — “Rubbin’ is racin,’ ”as they say — Nascar would not necessarily penalize offenders.

An inevitable result of that approach came Sunday during a Sprint Cup race at Atlanta Motor Speedway, where Carl Edwardsdrove his No. 99 Ford deliberately into the rear quarter panel of Brad Keselowski’s No. 12 Dodge. The hit sent Keselowski’s car airborne in a wreck that could have injured not only the driver but fans as well. No one was hurt, but Keselowski and the former driver Kyle Petty called for Nascar to penalize Edwards.

Nascar idled Edwards for the rest of the race as punishment after the accident — he finished 39th — and met with him at the track. Officials are expected to decide on further penalties as early as Tuesday.

“It looked like it could have been payback from the No. 99 on the No. 12,” Pemberton said after the race. “We talked with Carl after the race and we have an understanding about it.”

Edwards freely acknowledged the hit was deliberate after Keselowski wrecked him earlier in the race. Edwards wrote this on his Facebook pageSunday night:

“My options: Considering that Brad wrecks me with no regard for anyone’s safety or hard work, should I: A-Keep letting him wreck me? B-Confront him after the race? C-Wait til Bristol and collect other cars? Or D-Take care of it now? I want to be clear that I was surprised at his flight and very relieved when he walked away. Every person has to decide what code they want to live by and hopefully this explains mine.”

More…….

March 8, 2010 Posted by | Automobiles, Blogs, Counterpoints, Entertainment, Family, Health, Media, Other Things, Sports, Updates | , , | Leave a comment

Rep. Ron Paul Returns Over $100,000 to Treasury…….

Press Releases

For Immediate Release
March 1, 2010
Congressman Paul Returns Over $100,000 to Treasury
Washington, D.C. – Congressman Ron Paul has continued to run his Congressional office in a frugal manner, and was able to return more than $100,000 from his allotted office budget to the Treasury this year, an increase over the $90,000 returned last year.

“Since my first year in Congress representing the 14th district I have managed my office in a frugal manner, instructing staff to provide the greatest possible service to the people of the 14th district at the least possible cost to taxpayers,” said Paul.

Oh good, now there will more money for everyone else to spend!

March 8, 2010 Posted by | Blogs, Breaking News, Government, Media, Men, Other Things, Politics, The Economy, Updates | , | Leave a comment

From Daniel…..North Dakota Senate: Kristin Hedger (D-ND) is OUT too…..

Hello Dog!

We’ve BREAKING NEWS out of North Dakota again this week. Last week former State Attorney General Heidi Heitkamp (D-ND) announced she wouldn’t run for the United States Senate in North Dakota against Governor John Hoeven (R-ND).

Today the Democrats have lost their Plan B Recruit too as the Grand Folks Herald reports that 2006 Democratic Secretary of State Nominee Kristin Hedger (D-ND) won’t be running too.

here are the Links:

http://blogs.cqpolitics.com/eyeon2010/2010/03/another-democrat-passes-on-nor.html

http://www.bismarcktribune.com/news/local/govt-and-politics/election2010/article_81eaadcc-2acc-11df-940f-001cc4c002e0.html

http://www.grandforksherald.com/event/article/id/153620/

http://www.wdaz.com/event/article/id/1898/

http://www.kfyrtv.com/News_Stories.asp?news=38333

Daniel G.

March 8, 2010 Posted by | Breaking News, Daniel G @ PolitcalDog, Government, Media, Other Things, Politics, Updates, Women | , | 3 Comments

Mood Music Monday 3.8.10 R&B……

From JSin……

It’s Monday!

The Mood for today is…R&B!!!!

Enjoy the Music & be sure to come back by again. Thanks!

March 8, 2010 Posted by | Blogs, Entertainment, Media, Men, Music, Other Things, Up 4 Discussion, Updates, Women | , , , | Leave a comment

Will it be Feingold vs Thompson?…..From Daniel…..Feingold thinks Thompson is IN the Wisconsin Senate race….

Hi Dog!

Okay folks it looks like a Feingold – Thompson Match-Up is on in Wisconsin. Even though Tommy Thompson (R-WI) hasn’t announced anything Wisconsin Democratic Senator Russ Feingold (D-W) THINKS Thompson is IN.

http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/Feingold-D-Wisc-seems-to-think-Thompson-will-run-against-him-86915092.html

Daniel G.

March 8, 2010 Posted by | Breaking News, Daniel G @ PolitcalDog, Government, Media, Men, Other Things, Politics, Updates | , , , | 11 Comments

From Daniel……Colorado Governor race: Roles reversed again. Now McInnis ahead again…..

Hi Dog!

Is the Colorado Governor Race unpollable? It surely looks like so. Recap: In early January after Ritter announced his Retirement McInnis (R) led Hickenlooper (D) 45-42. In February after Hickenlooper had announced his Candidacy he led McInnis 49-45.

Today a new Statewide Survey in the Centinential State shows McInnis beating Hickenlooper by 6, 48-42.

Rasmussen Survey

Colorado Governor

[Hickenlooper  and McInnis ]
Former U. S. Rep. Scott McInnis (R)  48 %
Denver Mayor John Hickenlooper (D)  42 %
Others  3 %
Undecided  6 %

http://www.mcinnisforcolorado.com/home
http://www.hickenlooperforcolorado.com/

This could be a Jo-Jo Race which means lead changes every month. We had a similar “Jo-Jo” Race 2006 in Missouri between Talent and McCaskill. Let’s see what will happen next.

Daniel G.

Note.…Jo-Jo’s are nicknames for kangaroo’s that ‘hop around ‘ in Australia..hence the hopping around races……

March 8, 2010 Posted by | Breaking News, Daniel G @ PolitcalDog, Government, Media, Men, Other Things, PoliticalDog Calls, Politics, Polls, Updates | , , | 1 Comment

Arkansas Filling closes: Here are the Candidates…….(there are a lot)….

From Daniel G…..

Hi Dog!

I’ll have a Special Coverage this week: Tracking the Fillings in Arkansas for Governor, Congress & Senate.

So far those Candidates have filled:

Arkansas Governor

Incumbent Mike Beebe (D)

Jim Keet (R)

Arkansas U. S. Senate

Blanche Lambert Lincoln (D)

Bill Halter (D)

D. C. Morrison (D)

Conrad Reynolds (R)

Randy Alexander (R)

Fred Ramey (R)

State Senator Gilbert Baker (R)

Rep. John N. Boozman (R)

Jim Holt (R)

Curtis Coleman (R)

State Senator Kim Dexter Hendren (R)

Arkansas 1st Congressional District

Rick Crawford (R)

Princella D. Smith (R)

Steven Mark Bryles (D)

Ben Ponder (D)

Terry G. Green (D)

Chad Causey (D)

Tim Wooldridge (D)

David R. Cook (D)

Arkansas 2nd Congressional District

Tim Griffin (R)

Scott Wallace (R)

Robbie Wills (D)

Patrick Kennedy (D)

Joyce Elliott (D)

John Adams (D)

David Boling (D)

Arkansas 3rd Congressional District

David Whitaker (D)

Doug Matayo (R)

Gunner DeLay (R)

Judge Mike Moore (R)

Steve Lowry (R)

State Senator Cecile Bledsoe (R)

Kurt Maddox (R)

Bernie Skoch (R)

Mayor Steve Womack (R)

Arkansas 4th Congressional District

Mike Ross (D)

Glenn Gallas (R)

Beth Ann Rankin (R)

http://www.sos.arkansas.gov/candidateFiling2010/030810_CandidateFilingListOfficeParty.pdf

Daniel G

March 8, 2010 Posted by | Breaking News, Government, Media, Men, Other Things, Politics, Updates, Women | , | 5 Comments

GEITHNER: 'WE SAVED THE ECONOMY, BUT WE KIND OF LOST THE PUBLIC DOING IT' ….

Yep …Mr. Treasury Secretary you got that right…..

While the Dog believes you and The Fed Chairman Bernanke  along with predecessor at Treasury, Hank Paulson did a good job to hold the pieces together of the United States and by that the world’s economy…..there are a lot of questions on the aftermath and promises made to avoid the problem again….

To be fair you guys inherited this mess before you got sworn in…..

And to also be fair….must people still have no idea how hairy things where a little bit more than a year ago…

But most Monday morning quarterbacks like Simon Johnson have the luxury of being able to go over things with a 800 pound gorilla of the world’s economy standing over them while others are screaming don’t do anything let the system collapse…..

Here’s a piece by Simon Johnson that calls to task the promises made to stop a situation like this happening again…and the promise to deal with the ‘Too Bog to Fail’ issue which Johnson correctly states is actually worst now than before…….

Do I think Geithner and the White House have the public on their side?

No…..

Most people really don’t care …..they just know the ‘boom’ times are over for now…..

And that cost them money …and that makes them mad…..

By Simon Johnson @ baselinescenario.com

It would be easy to take relatively cheap shots at the portrayal of Tim Geithner — “we saved the economy but kind of lost the public doing it” — in the New Yorker, out today.

  1. Mr. Geithner is quoted as saying, “Some on the left have fallen into a trap set by the Republicans, allowing voters to mistakenly think that the biggest part of the bank bailout had come under Obama rather Bush.”  Mr. Geithner should know – as he spearheaded the saving of banks and other financial institutions under both Bush and Obama.  In fact, it’s the continuation of George Bush’s policies by other means that really has erstwhile Obama supporters upset.
  2. “I think there are some in the Democratic Party that think Tim and Larry are too conservative for them and that the President is too receptive to our advice.”  Probably this is linked to the fact that Tim Geithner is not a Democrat.
  3. Geithner also suggests that his critics compare government spending on different kinds of programs under President Obama: “By any measure, the Main Street stuff dwarfs the Wall Street stuff.”  This insults our intelligence.  Wall Street created a massive crisis and we consequently lost 8 million jobs; any responsible government would have tried hard to offset this level of damage with all available means.  This includes fiscal measures that will end up increasing out privately held government debt, as a percent of GDP, by around 40 percentage points.  It’s not the fiscal stimulus, broadly defined, that is Mr. Geithner’s problem – it’s the lack of accountability for the bankers and politicians who got us into this mess.

But the Geithner issues reflected here run much deeper.  The New Yorker’s John Cassidy alludes to these but he may be too subtle.  Here’s the less subtle version.

What exactly was the “Geithner stabilization plan” that frames the article – and is the basis for Secretary Geithner claiming to have saved anything?  We are not really talking about the much vaunted but little used toxic asset/loan purchase program (the “PPIP”).  “The plan” here means essentially the stress tests designed by Treasury and run by the Fed – which brought some transparency to banks’ balance sheets, but which also used a relatively benign “stress scenario” (watch commercial real estate, residential mortgages, and credit card losses now unfold).

The main feature of the plan, of course, was – following the stress tests – to communicate effectively that there was a government guarantee behind every major bank or quasi-bank in the United States.  Of course this works in the short-term – investors like such guarantees.  But there’s a good reason we usually don’t guarantee all financial institutions – or act happy when other countries do the same.  Unconditional bailouts lead to trouble, encouraging reckless risk-taking and undermining responsible governance.  You can’t run any form of reasonable market system when some big players hold “get out of bankruptcy free” cards.

All crises end – this is actually Larry Summers’s famous line.  We avoided a Great Depression primarily because, compared with 1929-31, we have a government sector that is large relative to the economy – and which does not collapse when credit goes into freefall.  What exactly did the Obama administration do in ending the crisis that a Clinton or McCain administration – or even Bush – would not have done?  The most plausible answer is: Nothing.

More…….

March 8, 2010 Posted by | Blogs, Breaking News, Counterpoints, Government, Media, Men, Other Things, PoliticalDog Calls, Politics, The Economy, Updates | , , | 9 Comments

GEITHNER: ‘WE SAVED THE ECONOMY, BUT WE KIND OF LOST THE PUBLIC DOING IT’ ….

Yep …Mr. Treasury Secretary you got that right…..

While the Dog believes you and The Fed Chairman Bernanke  along with predecessor at Treasury, Hank Paulson did a good job to hold the pieces together of the United States and by that the world’s economy…..there are a lot of questions on the aftermath and promises made to avoid the problem again….

To be fair you guys inherited this mess before you got sworn in…..

And to also be fair….must people still have no idea how hairy things where a little bit more than a year ago…

But most Monday morning quarterbacks like Simon Johnson have the luxury of being able to go over things with a 800 pound gorilla of the world’s economy standing over them while others are screaming don’t do anything let the system collapse…..

Here’s a piece by Simon Johnson that calls to task the promises made to stop a situation like this happening again…and the promise to deal with the ‘Too Bog to Fail’ issue which Johnson correctly states is actually worst now than before…….

Do I think Geithner and the White House have the public on their side?

No…..

Most people really don’t care …..they just know the ‘boom’ times are over for now…..

And that cost them money …and that makes them mad…..

By Simon Johnson @ baselinescenario.com

It would be easy to take relatively cheap shots at the portrayal of Tim Geithner — “we saved the economy but kind of lost the public doing it” — in the New Yorker, out today.

  1. Mr. Geithner is quoted as saying, “Some on the left have fallen into a trap set by the Republicans, allowing voters to mistakenly think that the biggest part of the bank bailout had come under Obama rather Bush.”  Mr. Geithner should know – as he spearheaded the saving of banks and other financial institutions under both Bush and Obama.  In fact, it’s the continuation of George Bush’s policies by other means that really has erstwhile Obama supporters upset.
  2. “I think there are some in the Democratic Party that think Tim and Larry are too conservative for them and that the President is too receptive to our advice.”  Probably this is linked to the fact that Tim Geithner is not a Democrat.
  3. Geithner also suggests that his critics compare government spending on different kinds of programs under President Obama: “By any measure, the Main Street stuff dwarfs the Wall Street stuff.”  This insults our intelligence.  Wall Street created a massive crisis and we consequently lost 8 million jobs; any responsible government would have tried hard to offset this level of damage with all available means.  This includes fiscal measures that will end up increasing out privately held government debt, as a percent of GDP, by around 40 percentage points.  It’s not the fiscal stimulus, broadly defined, that is Mr. Geithner’s problem – it’s the lack of accountability for the bankers and politicians who got us into this mess.

But the Geithner issues reflected here run much deeper.  The New Yorker’s John Cassidy alludes to these but he may be too subtle.  Here’s the less subtle version.

What exactly was the “Geithner stabilization plan” that frames the article – and is the basis for Secretary Geithner claiming to have saved anything?  We are not really talking about the much vaunted but little used toxic asset/loan purchase program (the “PPIP”).  “The plan” here means essentially the stress tests designed by Treasury and run by the Fed – which brought some transparency to banks’ balance sheets, but which also used a relatively benign “stress scenario” (watch commercial real estate, residential mortgages, and credit card losses now unfold).

The main feature of the plan, of course, was – following the stress tests – to communicate effectively that there was a government guarantee behind every major bank or quasi-bank in the United States.  Of course this works in the short-term – investors like such guarantees.  But there’s a good reason we usually don’t guarantee all financial institutions – or act happy when other countries do the same.  Unconditional bailouts lead to trouble, encouraging reckless risk-taking and undermining responsible governance.  You can’t run any form of reasonable market system when some big players hold “get out of bankruptcy free” cards.

All crises end – this is actually Larry Summers’s famous line.  We avoided a Great Depression primarily because, compared with 1929-31, we have a government sector that is large relative to the economy – and which does not collapse when credit goes into freefall.  What exactly did the Obama administration do in ending the crisis that a Clinton or McCain administration – or even Bush – would not have done?  The most plausible answer is: Nothing.

More…….

March 8, 2010 Posted by | Blogs, Breaking News, Counterpoints, Government, Media, Men, Other Things, PoliticalDog Calls, Politics, The Economy, Updates | , , | 9 Comments