Monthly Archives:May 2012

This bill will do nothing to folks such as those mentioned in this article. It will only increase the flight from our country and they will all raise the middle finger since they’ll never have to come back to this country nor touch any operations that have any kind of business nexus in it either.  F-U money is what these folks have and they will utilize said Middle Finger power quickly.

 

Theres dumb and then theres real dumb.  This is in the latter category:During the 2012 election cycle Democrats are positioning themselves as the “defenders of the middle class,” and Sen. Bob Casey Jr. is honing that message by attacking the top .001 percent of income earners, including Facebook co-founder Eduardo Saverin.Along with NY Sen. Chuck Schumer, Casey is introducing a bill that would prevent U.S. citizens from renouncing their citizenship in order to avoid taxes.Good luck Senators.People with enough money to care about this also wont care about your bill.  Theyll leave, take their money with them, and never come back.  You can chuckle about how “you got them” but the truth is that they got you, and all of America.Theres a point where people get what is commonly called “fuck you” money.  As the name implies it enables them to say exactly that to anyone they disagree with and who pisses them off — including petulent little Senators and their petty games.  Facebooks co-founder has no reason to come back into the United States, and you cant reach him beyond our borders, so what I expect youll see is a giant middle finger erected in your direction — from Singapore.There is no material revenue impact from this bill that will be forthcoming.  There will, however, be a capital drain that will accelerate and harm America.And when it does, it will be your fault.

via Senators File “Screw Capital” Bill in [Market-Ticker].

i loved this song when i was a kid in the 70’s and 80’s…i never knew who this was until tonight when i saw a story and interview with him posthumously.

 

CHUCK BROWN & THE SOUL SEARCHERS, BUSTIN’ LOOSE – YouTube.

We are the government and are here to help….oh boy..get ready for governmental spamming now.  Now the government is going to be able to fearmonger even more and faster…of course “Presidential Alerts” you can’t opt out of.

 

The federal government and American wireless providers will be bringing a new Emergency Text Alert System to everyone in US on a cellphone this month. The service which will provide geography-based warnings of life threatening events including tornadoes, floods, hurricanes typhoons, tsunamis, dust storms, extreme winds, blizzards and ice storms will be free for all.

The text alerts which are short and informative will inform recipients about what to do next in any event. The advice provided includes the informing of customers to seek additional information or to immediately seek shelter if necessary. For now, similar services such as weather applications do provide some prior warnings but this will be the first national service by the federal government and the wireless industry.

Wireless carriers representing more than 97% of subscribers voluntarily agreed to develop and offer free, geographically targeted wireless emergency alerts,” said Amy Storey, spokeswoman for the CTIA— The Wireless Association. AT&T, Cellcom, Cricket, Sprint Nextel, T-Mobile, U.S. Cellular and Verizon Wireless are participating.

In order to receive the alerts, you will not have to change anything or make any additions and you can have the security of knowing that you are privileged to information about emergencies that might occur in an area near where you are. In addition to that, the new system will include an AMBER alert system for missing children as well as Presidential Alerts for national emergencies. Although every consumer will be automatically added to the system, you can opt-out of receiving any of the available alerts that might occur except Presidential Alerts.

via Nationwide Wireless Emergency Text Alert System Launching This Month | Ubergizmo.

Then there are some “fun” provisions.

One of them is a $250,000 statutory limit on non-economic damages in health-related lawsuits.  This one came out of left field — I had no idea it was being proposed.  Actual economic damages remain uncapped but things like pain and suffering.

I have a strenuous objection to this law in that it codifies actual and constructive fraud upon juries — the act specifically provides:

The jury shall not be informed about the maximum award for noneconomic damages. An award for noneconomic damages in excess of $250,000 shall be reduced either before the entry of judgment, or by amendment of the judgment after entry of judgment, and such reduction shall be made before accounting for any other reduction in damages required by law. If separate awards are rendered for past and future noneconomic damages and the combined awards exceed $250,000, the future noneconomic damages shall be reduced first.

Isn’t that special?

In addition the law limits contingency fees collected by attorneys.  Are the limits reasonable?  You decide — they start at 40% for the first $50,000 (the part that counts for most smaller cases!) and drops to 15% over $600,000.  Isn’t that special — you can give up nearly half, but as the award grows (you really got reamed) and the case gets more complex and harder to prosecute the lawyers get less.  Just, unjust, you decide.

There are also substantive limits on punitive damages.  Actual malice or “substantial certainty” of knowledge of unnecessary injury is required.  That’s a tough standard — is it just?  You decide.

But what’s not arguable is that again there is a cap of two times the economic damages or $250,000, whichever is greater, and again the jury is barred from being informed of the limits.

So we’re actively concealing the truth from juries again.  The limits may be just but active concealment and fraud upon a jury is not.

In addition there’s another nasty sop to the pharmaceutical and device industry: Anything that conforms to FDA standards is exempt from punitive damage awards.  Isn’t that nice?  So if the FDA approved it and it was later shown to be intentionally defective, tough crap — you can’t sue for punitive damages.

It gets worse — a health provider who dispenses or provides an FDA approved product cannot be named in such a suit even if they have actual or constructive knowledge of the dangerous nature of the product.

There is only one exception: If the FDA itself was bribed or information was intentionally fabricated or withheld from the FDA’s processes.

This is a literal “screw the patient” license for dangerous procedures and drugs that the government is free to hand out at will!  If you can get it through government approval through anything short of felonious conduct then that’s tough crap for you as a patient.

via Market-Ticker – MarketTicker Forums.

See how the lie is set up?  The premise put forward — that everyone needs medical attention at some point, and virtually everyone needs insurance to pay for it, is put forward as a “fait accompli” without first asking the following questions:

  • Has it always been this way? Can you, for example, show us that health insurance was necessary in, oh, 1776?  1850?  1913?  1953?  1970?
  • Has everyone “needed” medical attention “at some point” historically as well?  Was that true in 1776?  1850?  1913?  1953?  Or 1970?

It’s a fact that virtually everyone has in fact “needed” medical attention “at some point” historically.  But America, and the rest of the world, managed to economically progress for hundreds of years without force-placed “insurance” or the government being materially involved in health care.

An honest inquiry is therefore forced to ask the following question: What happened?

That’s relatively simple: Government happened.

via The Mental Disease Called Liberalism (Health Reform) in [Market-Ticker].

I’m not a fan of everything Reagan but I like how he handled the Russians when they got uppity during his time…give them the finger..time to do it again.

 

Russia’s top military officer has threatened to carry out a pre-emptive strike on U.S.-led NATO missile defense facilities in Eastern Europe if Washington goes ahead with its controversial plan to build a missile shield.

President Dmitry Medvedev said last year that Russia will retaliate militarily if it does not reach an agreement with the United States and NATO on the missile defense system.

Chief of General Staff Nikolai Makarov went even further Thursday. “A decision to use destructive force pre-emptively will be taken if the situation worsens,” he said at an international conference attended by senior U.S. and NATO officials.

Russian Defense Minister Anatoly Serdyukov also warned on Thursday that talks between Moscow and Washington on the topic are “close to a dead end.”

U.S. missile defense plans in Europe have been one of the touchiest subjects in U.S.-Russian relations for years.

Moscow rejects Washington’s claim that the missile defense plan is solely to deal with any Iranian missile threat and has voiced fears it will eventually become powerful enough to undermine Russia’s nuclear deterrent. Moscow has proposed running the missile shield jointly with NATO, but the alliance has rejected that proposal.

Makarov’s statement on Thursday doesn’t seem to imply an immediate threat, but aims to put extra pressure on Washington to agree to Russia’s demands.

via Russia’s military threatens pre-emptive strike if NATO goes ahead with missile plan | Fox News.