Thursday, December 25, 2008
Tuesday, December 9, 2008
Illinois Governor Arrested
Illinois Gov. Rod Blagojevich and his chief of staff John Harris were arrested Tuesday morning in Chicago on two counts each of federal corruption charges stemming from allegations Blagojevich was trying to sell President-elect Barack Obama's vacated Senate seat to the highest bidder.The arrest is part of a three-year probe of "pay-to-play politics" in the governor's administration. The criminal complaint by the FBI says each man was arrested on two charges of conspiracy to commit mail and wire fraud and solicitation of bribery.
The charges also relate to allegations that Blagojevich and Harris schemed with previously convicted defendants and Obama associates Antoin Rezko, Stuart Levine, Ali Ata and others to arrange financial benefits in exchange for appointments to state boards and commissions, state employment, state contracts and access to state funds.
A statement by U.S. Attorney Patrick Fitzgerald and FBI Special Agent-in-Charge Robert Grant said Blagojevich and Harris "allegedly conspired to sell U.S. Senate appointment, engaged in pay-to-play schemes and threatened to withhold state assistance to Tribune Company for Wrigley Field to induce purge of newspaper editorial writers."
"Blagojevich put a for sale sign on the naming of a United States Senator; involved himself personally in pay-to-play schemes with the urgency of a salesman meeting his annual sales target; and corruptly used his office in an effort to trample editorial voices of criticism," he added.
Grant noted that Blagojevich was elected in 2002 after Illinois Gov. George Ryan retired in the face of federal corruption charges. He was convicted and sentenced in 2006 to six and a half years in prison.
"Many, including myself, thought that the recent conviction of a former governor would usher in a new era of honesty and reform in Illinois politics. Clearly, the charges announced today reveal that the office of the Governor has become nothing more than a vehicle for self-enrichment, unrestricted by party affiliation and taking Illinois politics to a new low," Grant said.
Federal authorities were permitted by a judge to record the governor secretly before the November election after raising concerns that a replacement for Obama would be tainted.
Fitzgerald's office said the 76-page FBI affidavit alleges that Blagojevich was taped conspiring to sell or trade Obama's vacated U.S. Senate seat for financial and other personal benefits for himself and his wife, including an annual salary of $250,000-$300,000 at a nonprofit foundation or an organization affiliated with labor unions.
They also allege Blagojevich is heard on tape demanding a corporate board seat for his wife worth as much as $150,000 a year; promises of campaign funds, including cash up front; and a Cabinet post or ambassadorship for himself.
The Chicago Tribune was first to report the arrests. Informed Monday of the wiretap, Blagojevich told reporters that his discussions were "always lawful" and he defended a close confidant, John Wyma, who turned on him. Wyma as "an honest person who's conducted himself in an honest way," Blagojevich said.
However, the Tribune was also named in the affidavit because tapes allegedly play Blagojevich directing Harris to inform the newspaper's owners and advisers that "state financial assistance would be withheld unless members of the Chicago Tribune's editorial board were fired, primarily because Blagojevich viewed them as driving discussion of his possible impeachment."
Conspiracy to commit mail and wire fraud carries a maximum penalty of 20 years in prison. Solicitation of bribery carries a maximum of 10 years in prison. Both carry a maximum fine of $250,000.
The charges also relate to allegations that Blagojevich and Harris schemed with previously convicted defendants and Obama associates Antoin Rezko, Stuart Levine, Ali Ata and others to arrange financial benefits in exchange for appointments to state boards and commissions, state employment, state contracts and access to state funds.
A statement by U.S. Attorney Patrick Fitzgerald and FBI Special Agent-in-Charge Robert Grant said Blagojevich and Harris "allegedly conspired to sell U.S. Senate appointment, engaged in pay-to-play schemes and threatened to withhold state assistance to Tribune Company for Wrigley Field to induce purge of newspaper editorial writers."
"Blagojevich put a for sale sign on the naming of a United States Senator; involved himself personally in pay-to-play schemes with the urgency of a salesman meeting his annual sales target; and corruptly used his office in an effort to trample editorial voices of criticism," he added.
Grant noted that Blagojevich was elected in 2002 after Illinois Gov. George Ryan retired in the face of federal corruption charges. He was convicted and sentenced in 2006 to six and a half years in prison.
"Many, including myself, thought that the recent conviction of a former governor would usher in a new era of honesty and reform in Illinois politics. Clearly, the charges announced today reveal that the office of the Governor has become nothing more than a vehicle for self-enrichment, unrestricted by party affiliation and taking Illinois politics to a new low," Grant said.
Federal authorities were permitted by a judge to record the governor secretly before the November election after raising concerns that a replacement for Obama would be tainted.
Fitzgerald's office said the 76-page FBI affidavit alleges that Blagojevich was taped conspiring to sell or trade Obama's vacated U.S. Senate seat for financial and other personal benefits for himself and his wife, including an annual salary of $250,000-$300,000 at a nonprofit foundation or an organization affiliated with labor unions.
They also allege Blagojevich is heard on tape demanding a corporate board seat for his wife worth as much as $150,000 a year; promises of campaign funds, including cash up front; and a Cabinet post or ambassadorship for himself.
The Chicago Tribune was first to report the arrests. Informed Monday of the wiretap, Blagojevich told reporters that his discussions were "always lawful" and he defended a close confidant, John Wyma, who turned on him. Wyma as "an honest person who's conducted himself in an honest way," Blagojevich said.
However, the Tribune was also named in the affidavit because tapes allegedly play Blagojevich directing Harris to inform the newspaper's owners and advisers that "state financial assistance would be withheld unless members of the Chicago Tribune's editorial board were fired, primarily because Blagojevich viewed them as driving discussion of his possible impeachment."
Conspiracy to commit mail and wire fraud carries a maximum penalty of 20 years in prison. Solicitation of bribery carries a maximum of 10 years in prison. Both carry a maximum fine of $250,000.
Thursday, December 4, 2008
A reason, a season, or a lifetime
People come into your life for a reason, a season or a lifetime. When you know which one it is, you will know what to do for that person..
When someone is in your life for a REASON, it is usually to meet a need you have expressed. They have come to assist you through a difficulty, to provide you with guidance and support, to aid you physically, emotionally or spiritually. They may seem like a Godsend and they are. They are there for the reason you need them to be. Then, without any wrongdoing on your part or at an inconvenient time, this person will say or do something to bring the relationship to an end. Sometimes they die. Sometimes they walk away. Sometimes they act up and force you to take a stand. What we must realize is that our need has been met, our desire fulfilled, their work is done. The prayer you sent up has been answered and now it is time to move on.
Some people come into your life for a SEASON, because your turn has come to share, grow or learn. They bring you an experience of peace or make you laugh. They may teach you something you have never done. They usually give you an unbelievable amount of joy. Believe it, it is real. But only for a season.
LIFETIME relationships teach you lifetime lessons, things you must build upon in order to Have a solid emotional foundation. Your job is to accept the lesson, love the person and put what you have learned to Use in all other relationships and areas of your life. It is said that love is blind but friendship is clairvoyant.
Some people come into your life for a SEASON, because your turn has come to share, grow or learn. They bring you an experience of peace or make you laugh. They may teach you something you have never done. They usually give you an unbelievable amount of joy. Believe it, it is real. But only for a season.
LIFETIME relationships teach you lifetime lessons, things you must build upon in order to Have a solid emotional foundation. Your job is to accept the lesson, love the person and put what you have learned to Use in all other relationships and areas of your life. It is said that love is blind but friendship is clairvoyant.
Monday, December 1, 2008
What is a Turducken??
I hope everyone had a great Thanksgiving.
This Thanksgiving I learned that there is such a thing as a "Turducken".
It's a turkey stuffed with a duck, stuffed with a chicken. All the birds are de-boned so every slice of turducken has turkey, duck and chicken. The cavity of the chicken is usually filled with sausage, breadcrumbs, or stuffing. It can be braised, roasted, grilled, or barbecued. Many people serve a turducken in place of the turkey on Thanksgiving.
Some people credit Cajun-creole fusion chef Paul Prudhomme with creating the "turducken" as part of the festival Duvall Days in Duvall, Washington in 1983. However, this claim has never been verified.
The November 2005 issue of National Geographic magazine in an article by Calvin Trillin traced the American origins of Turducken to Maurice, Louisiana and "Hebert's Specialty Meats", which has been commercially producing turduckens since 1985, when a local farmer whose name is unknown, brought in his own birds and asked Hebert's to prepare them in the now-familiar turducken style.
Wednesday, November 26, 2008
Men are like…
For all those men who say, Why buy a cow when you can get milk for free. Here's an update for you: Nowadays, 80% of women are against marriage, WHY? Because women realize it's not worth buying an entire pig just to get a little sausage.
1. Men are like Laxatives They irritate the crap out of you.
2. Men are like. Bananas . The older they get, the less firm they are.
3. Men are like Weather . Nothing can be done to change them.
4. Men are like Blenders You need One, but you're not quite sure why.
5. Men are like Chocolate Bars .. Sweet, smooth, & they usually head right for your hips.
6. Men are like Commercials . You can't believe a word they say.
7. Men are like Department Stores ... Their clothes are always 1/2 off!
8. Men are like . Government Bonds .... They take soooooooo long to mature.
9. Men are like . Mascara . They usually run at the first sign of emotion.
10. Men are like Popcorn . They satisfy you, but only for a little while.
11. Men are like Snowstorms . You never know when they're coming, how many inches you'll get or how long it will last.
12. Men are like Lava Lamps . Fun to look at, but not very bright.
13. Me
n are like Parking Spots All the good ones are taken, the rest are handicapped.
For all those men who say, Why buy a cow when you can get milk for free. Here's an update for you: Nowadays, 80% of women are against marriage, WHY? Because women realize it's not worth buying an entire pig just to get a little sausage.
1. Men are like Laxatives They irritate the crap out of you.
2. Men are like. Bananas . The older they get, the less firm they are.
3. Men are like Weather . Nothing can be done to change them.
4. Men are like Blenders You need One, but you're not quite sure why.
5. Men are like Chocolate Bars .. Sweet, smooth, & they usually head right for your hips.
6. Men are like Commercials . You can't believe a word they say.
7. Men are like Department Stores ... Their clothes are always 1/2 off!
8. Men are like . Government Bonds .... They take soooooooo long to mature.
9. Men are like . Mascara . They usually run at the first sign of emotion.
10. Men are like Popcorn . They satisfy you, but only for a little while.
11. Men are like Snowstorms . You never know when they're coming, how many inches you'll get or how long it will last.
12. Men are like Lava Lamps . Fun to look at, but not very bright.
13. Me
n are like Parking Spots All the good ones are taken, the rest are handicapped.
Tuesday, November 25, 2008
What is Hime Gyaru?
With the crappy economy and the economic outlook not improving lately I've started reading about more superficial things. I was browsing the web and saw a girl that looked like a real life doll. It turns out that her "look" is called Hime Gyaru and apparently it's really popular in Japan. It's really pretty and feminine.
Girls that want to look Hime Gyaru have fair complexions, use mostly pinks and whites along with flower designs and anything lacy or frilly. Their hair is long, sometimes bleached in shades of blonde to dark blonde and often rolled into romantic updos placed on top of their heads. They put glitter, pastel designs and imitation crystals on their nails. Their look is topped off with lots of bows, ribbons, fur and lace. Their mobile phones are also fashion accesories and have numerous amounts of jewels, cute stickers, and lace placed on them. Shoes are usually high heels with lots of bows and flowers. Some wear knee high stockings or flat ballerina colored shoes. Lacy gloves or lace wrists are sometimes used along with over sized ribbons. 
They look like life size dolls. I love their eyes.
I want to be a princess too :0(.
Wednesday, November 19, 2008
The R Word
Federal Reserve policymakers now expect the U.S. economy to contract for as much as a year, with the risk that the slowdown could persist for even longer, according to edited minutes of a closed-door meeting of the Federal Open Market Committee on Oct. 28 and 29.
The Fed governors and Fed bank presidents "generally expected the economy to contract moderately in the second half of 2008 and the first half of 2009, and agreed that the downside risks to growth had increased," the minutes said.
Without using the word, the Fed is now forecasting a recession lasting a year or so. It would be the longest recession since the 16-month recession in 1981-82.
Nevertheless, "the subsequent recovery would be relatively gradual," the committee said. "Financial stresses would recede only slowly, notwithstanding the extraordinary measures that had been taken."
30 'leading edge' indicators of the coming Great Depression 2
1. America's credit rating may soon be downgraded below AAA
2. Fed refusal to disclose $2 trillion loans, now the new "shadow banking system"
3. Congress has no oversight of $700 billion, and Paulson's Wall Street Trojan Horse
4. King Henry Paulson flip-flops on plan to buy toxic bank assets, confusing markets
5. Goldman, Morgan lost tens of billions, but planning over $13 billion in bonuses this year
6. AIG bails big banks out of $150 billion in credit swaps, protects shareholders before taxpayers
7. American Express joins Goldman, Morgan as bank holding firms, looking for Fed money
8. Treasury sneaks corporate tax credits into bailout giveaway, shifts costs to states
9. State revenues down, taxes and debt up; hiring, spending, borrowing add even more debt
10. State, municipal, corporate pensions lost hundreds of billions on derivative swaps
11. Hedge funds: 610 in 1990, almost 10,000 now. Returns down 15%, liquidations up
12. Consumer debt way up, now at $2.5 trillion; next area for credit meltdowns
13. Fed also plans to provide billions to $3.6 trillion money-market fund industry
14. Freddie Mac and Fannie Mae are bleeding cash, want to tap taxpayer dollars
15. Washington manipulating data: War not $600 billion but estimates actually $3 trillion
16. Hidden costs of $700 billion bailout are likely $5 trillion; plus $1 trillion Street write-offs
17. Commodities down, resource exporters and currencies dropping, triggering a global meltdown
18. Big three automakers near bankruptcy; unions, workers, retirees will suffer
19. Corporate bond market, both junk and top-rated, slumps more than 25%
20. Retailers bankrupt: Circuit City, Sharper Image, Mervyns; mall sales in free fall
21. Unemployment heading toward 8% plus; more 1930's photos of soup lines
22. Government policy is dictated by 42,000 myopic, highly paid, greedy lobbyists
23. China's sees GDP growth drop, crates $586 billion stimulus; deflation is now global, hitting even Dubai
24. Despite global recession, U.S. trade deficit continues, now at $650 billion
25. The 800-pound gorillas: Social Security, Medicare with $60 trillion in unfunded liabilities
26. Now 46 million uninsured as medical, drug costs explode
27. New-New Deal: U.S. planning billions for infrastructure, adding to unsustainable debt
28. Outgoing leaders handicapping new administration with huge liabilities
29. The "antitaxes" message is a new bubble, a new version of the American dream offering a free lunch, no sacrifices, exposing us to more false promises
Will the next meltdown, the third of the 21st Century, trigger a second Great Depression? Or will the 2007-08 crisis simply morph into a painful extension of today's mess to 2011 and beyond, with no new bull market, no economic recovery as our new president hopes?
Perhaps some of the first 29 problems may be solved separately, but collectively, after building on a failed ideology, they spell disaster. So listen closely to "leading indicator" No. 30:
At a recent Reuters Global Finance Summit former Goldman Sachs chairman John Whitehead was interviewed. He was also Ronald Reagan's Deputy Secretary of State and a former chairman of the N.Y. Fed. He says America's problems will take years and will burn trillions.
He sees "nothing but large increases in the deficit ... I think it would be worse than the depression. ... Before I go to sleep at night, I wonder if tomorrow is the day Moody's and S&P will announce a downgrade of U.S. government bonds." It'll get worse because "the public is not prepared to increase taxes. Both parties were for reducing taxes, reducing income to government, and both parties favored a number of new programs, all very costly and all done by the government."
Reuters concludes: "Whitehead said he is speaking out on this topic because he is concerned no lawmakers are against these new spending programs and none will stand up and call for higher taxes. 'I just want to get people thinking about this, and to realize this is a road to disaster,' said Whitehead. 'I've always been a positive person and optimistic, but I don't see a solution here.'"
We see the Great Depression 2. Why? Wall Street's self-interested greed. They are their own worst enemy ... and America's too.
The Fed governors and Fed bank presidents "generally expected the economy to contract moderately in the second half of 2008 and the first half of 2009, and agreed that the downside risks to growth had increased," the minutes said.
Without using the word, the Fed is now forecasting a recession lasting a year or so. It would be the longest recession since the 16-month recession in 1981-82.
Nevertheless, "the subsequent recovery would be relatively gradual," the committee said. "Financial stresses would recede only slowly, notwithstanding the extraordinary measures that had been taken."
30 'leading edge' indicators of the coming Great Depression 2
1. America's credit rating may soon be downgraded below AAA
2. Fed refusal to disclose $2 trillion loans, now the new "shadow banking system"
3. Congress has no oversight of $700 billion, and Paulson's Wall Street Trojan Horse
4. King Henry Paulson flip-flops on plan to buy toxic bank assets, confusing markets
5. Goldman, Morgan lost tens of billions, but planning over $13 billion in bonuses this year
6. AIG bails big banks out of $150 billion in credit swaps, protects shareholders before taxpayers
7. American Express joins Goldman, Morgan as bank holding firms, looking for Fed money
8. Treasury sneaks corporate tax credits into bailout giveaway, shifts costs to states
9. State revenues down, taxes and debt up; hiring, spending, borrowing add even more debt
10. State, municipal, corporate pensions lost hundreds of billions on derivative swaps
11. Hedge funds: 610 in 1990, almost 10,000 now. Returns down 15%, liquidations up
12. Consumer debt way up, now at $2.5 trillion; next area for credit meltdowns
13. Fed also plans to provide billions to $3.6 trillion money-market fund industry
14. Freddie Mac and Fannie Mae are bleeding cash, want to tap taxpayer dollars
15. Washington manipulating data: War not $600 billion but estimates actually $3 trillion
16. Hidden costs of $700 billion bailout are likely $5 trillion; plus $1 trillion Street write-offs
17. Commodities down, resource exporters and currencies dropping, triggering a global meltdown
18. Big three automakers near bankruptcy; unions, workers, retirees will suffer
19. Corporate bond market, both junk and top-rated, slumps more than 25%
20. Retailers bankrupt: Circuit City, Sharper Image, Mervyns; mall sales in free fall
21. Unemployment heading toward 8% plus; more 1930's photos of soup lines
22. Government policy is dictated by 42,000 myopic, highly paid, greedy lobbyists
23. China's sees GDP growth drop, crates $586 billion stimulus; deflation is now global, hitting even Dubai
24. Despite global recession, U.S. trade deficit continues, now at $650 billion
25. The 800-pound gorillas: Social Security, Medicare with $60 trillion in unfunded liabilities
26. Now 46 million uninsured as medical, drug costs explode
27. New-New Deal: U.S. planning billions for infrastructure, adding to unsustainable debt
28. Outgoing leaders handicapping new administration with huge liabilities
29. The "antitaxes" message is a new bubble, a new version of the American dream offering a free lunch, no sacrifices, exposing us to more false promises
Will the next meltdown, the third of the 21st Century, trigger a second Great Depression? Or will the 2007-08 crisis simply morph into a painful extension of today's mess to 2011 and beyond, with no new bull market, no economic recovery as our new president hopes?
Perhaps some of the first 29 problems may be solved separately, but collectively, after building on a failed ideology, they spell disaster. So listen closely to "leading indicator" No. 30:
At a recent Reuters Global Finance Summit former Goldman Sachs chairman John Whitehead was interviewed. He was also Ronald Reagan's Deputy Secretary of State and a former chairman of the N.Y. Fed. He says America's problems will take years and will burn trillions.
He sees "nothing but large increases in the deficit ... I think it would be worse than the depression. ... Before I go to sleep at night, I wonder if tomorrow is the day Moody's and S&P will announce a downgrade of U.S. government bonds." It'll get worse because "the public is not prepared to increase taxes. Both parties were for reducing taxes, reducing income to government, and both parties favored a number of new programs, all very costly and all done by the government."
Reuters concludes: "Whitehead said he is speaking out on this topic because he is concerned no lawmakers are against these new spending programs and none will stand up and call for higher taxes. 'I just want to get people thinking about this, and to realize this is a road to disaster,' said Whitehead. 'I've always been a positive person and optimistic, but I don't see a solution here.'"
We see the Great Depression 2. Why? Wall Street's self-interested greed. They are their own worst enemy ... and America's too.
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