Warm Southern Breeze

"… there is no such thing as nothing."

Posts Tagged ‘Thursday’

Reasoned Debate: Our Second Amendment Rights & Preventing Firearm Violence

Posted by Warm Southern Breeze on Saturday, January 26, 2013

Alabama State House GOP "Dare Defend Our Rights" gun logo

Alabama State House GOP “Dare Defend Our Rights” gun logo, from the FaceBook page of Speaker of the Alabama House of Representatives Mike Hubbard, R-Auburn

Recently in another Social Media forum, a long-time friend had posted a link to a site operated for the Alabama State House GOP faction, which is a so-called “supermajority” in that state’s elected legislative body. That site may be found here: http://ALHouseGOP.com/WeDareDefend/.

Perceiving that that those political ideologues were very likely drumming up support for their positions based upon pure emotion and fear, rather than reasoned, rational and informed debate, I initially responded by quickly writing a somewhat sarcastic response, precisely worded to give pause for thought. My initial response elicited a query, to which I delightfully replied more eruditely.

The exchange as it exists presently, now follows.

Me: Yeah. Alabama was wrong on their right to segregation and their right to deny civil rights, too.

Friend: So, do you support the Read the rest of this entry »

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Posted in - Faith, Religion, Goodness - What is the Soul of a man?, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a Comment »

To send $25 to the political candidate of your choice, text “GO” to 43468

Posted by Warm Southern Breeze on Thursday, June 7, 2012

Here’s your WTF moment.

It’s not as if our nation doesn’t have enough problems already with unlimited political donations, Super PACs, and the concern for the influx of money from foreign concerns – although, SCOTUS justice Samuel Alito mouthed otherwise during the 2010 State of the Union address given by President Obama.

Retired Justice John Paul Stevens – in a speech at the University of Arkansas – said that,

“[T]he Court must then explain its abandonment of, or at least qualify its reliance upon, proposition that the identity of the speaker is an impermissible basis for regulating campaign speech,” Stevens said Wednesday night, according to prepared remarks. “It will be necessary to explain why the First Amendment provides greater protection to the campaign speech of some non-voters than to that of other non-voters.”

He further noted that the court’s majority opinion in the Citizens United case, written by Justice Anthony Kennedy, specifically did NOT address the possibility that foreign entities could bankroll U.S. elections.

There are – believe it, or else – Supreme Court Justices with level heads. One of them is Ruth Bader Ginsburg. She petitioned the SCOTUS to reconsider the Citizens United case, arguing that by granting certiorari, it “will give the court an opportunity to consider whether, in light of the huge sums currently deployed to buy candidates’ allegiance, Citizens United should continue to hold sway.”

If you think we have difficulty tracing campaign contributions now, just wait.

Now, the Federal Election Commission is about to open wide the doors to…

FEC Poised to Allow Campaign Donations Via Texts

June 7, 2012, 5:10 PM, By Amy Schatz

Giving money to political candidates could soon be just a few taps away, thanks to federal campaign-finance officials who are close to approving a plan to allow political donations via text message.

Several Federal Election Commission commissioners signaled their interest in approving a plan from two political consulting firms to allow campaigns to accept donations via text message at a meeting Thursday.
The FEC rejected a similar wireless industry proposal to allow text message donations two years ago but Read the rest of this entry »

Posted in - Lost In Space: TOTALLY Discombobulated, - Politics... that "dirty" little "game" that first begins in the home., - Read 'em and weep: The Daily News | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a Comment »

JPMorgan Chase CEO blames “Errors, Sloppiness & Bad Judgement” for $2B Credit Default Swap & Derivatives loss

Posted by Warm Southern Breeze on Thursday, May 10, 2012

Give particular attention to this sentence, which is found later in the article: “Bank executives, including Dimon, have argued for weaker rules and broader exemptions.”

Give attention also to the last paragraph of the second story: “Of course, this loss only goes to show how weak the Volcker Rule is: Dimon is adamant, and probably correct, in saying that Iksil’s bets were Volcker-compliant, despite the fact that they clearly violate the spirit of the rule. Now that we’ve entered election season, Congress isn’t going to step in to tighten things up — but maybe the SEC will pay more attention to Occupy’s letter, now. JP Morgan more or less invented risk management. If they can’t do it, no bank can. And no sensible regulator can ever trust the banks to self-regulate.”

Is there any remaining argument against deregulating banks?

Is there any remaining argument against re-instituting the Glass-Steagall Act (which separated Banks, Insurance & Wall Street and forbade them from commingling in each others’ businesses)?

Ahead of the Greek financial crisis – in which Goldman Sachs had a direct and unscrupulous role by hiding sales of financial vehicles from Greek, European & American regulators – German chancellor Angela Merkel said this at a March 5, 2010 press conference in Berlin with Greek Prime Minister George Papandreou, (ref: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a26n.U6qS6cU):

Credit-default swaps, where you insure your neighbor’s house just to destroy it and make money from it, that’s exactly what we have to curb.”  

Now, I wouldn’t expect you or the average reader to be knowledgeable about these things. Honestly, most folks aren’t. But that’s not a condemnation of you, dear reader. Rather, it is a statement acknowledging that banks, bankers, Wall Street types, and Insurance firms do not want to be regulated, and would rather operate free-willy-nilly – without any rules. You and I must  abide by rules. Why shouldn’t they? And as they have consistently demonstrated, they cannot be trusted to do the right thing.

For additional information on Goldman Sachs involvement in the Greek Debt Crisis, I refer you to this 02/08/2010 news item from German news magazine, Der Spiegel: “Greek Debt Crisis How Goldman Sachs Helped Greece to Mask its True Debt,” By Beat Balzli.

JPMorgan Chase acknowledges $2 billion trading loss and ‘many errors’

By Associated Press, Updated: Thursday, May 10, 6:05 PM

JPMorgan Chase, the largest bank in the United States, said Thursday that it lost $2 billion in the past six weeks in a trading portfolio designed to hedge against risks the company takes with its own money.

The company’s stock plunged almost 7 percent in after-hours trading after the loss was announced. Other bank stocks, including Citigroup and Bank of America, suffered heavy losses as well.

“The portfolio has proved to be riskier, more volatile and less effective as an economic hedge than we thought,” CEO Jamie Dimon told reporters. “There were many errors, sloppiness and bad judgment.”

The trading loss is an embarrassment for a bank that came through the 2008 financial crisis in much better health than its peers. It kept clear of risky investments that hurt many other banks.

The loss came in a portfolio of the complex financial instruments known as derivatives, and in a division of JPMorgan designed to help control its exposure to risk in the financial markets and invest excess money in its corporate treasury.

Bloomberg News reported in April that Read the rest of this entry »

Posted in - Lost In Space: TOTALLY Discombobulated, - Read 'em and weep: The Daily News | Tagged: , , , , , , , , , , , , , , , , , , , , , | Leave a Comment »

Alabama Legislators do a “Deliverance” move on it’s Citizens

Posted by Warm Southern Breeze on Friday, April 6, 2012

Readers may want to refer to an earlier entry entitled, “I won the Alabama Lottery!” in which I added that, “…and all I got was this lousy governor and inept Republican legislature.

One must wonder if going to Montgomery is cause of intellectual deprivation, or if it is evidence of the same.

Either way, Alabama sucks hind teat. (That’s a colloquial farming aphorism referring to the suckling which finds itself in a very disadvantaged position.)

God help us.

The Republican legislature is doing a “Deliverance” move on its citizens. Only thing is, they’re not asking us to squeal like a pig.

It’s just what Alabama needs in the midst of 10.6% proration… more Read the rest of this entry »

Posted in - Lost In Space: TOTALLY Discombobulated, - My Hometown is the sweetest place I know | Tagged: , , , , , , , , , , , , , , , , , | 3 Comments »

Freud asked, “What does a woman want?” Here’s the answer.

Posted by Warm Southern Breeze on Friday, February 24, 2012

Some years ago, a group named “The Association” had a popular song which lyric said in part,

“Cherish is the word I use to describe
“All the feeling that I have hiding here for you inside
“You don’t know how many times I’ve wished that I had told you
“You don’t know how many times I’ve wished that I could hold you
“You don’t know how many times I’ve wished that I could
“Mold you into someone who could
“Cherish me as much as I cherish you.”

Of course, the title of the song is – appropriately enough – Cherish, which was their first #1 song, which topped the charts in 1966.

They had other hit songs, among them “Never my love,” and “Along Comes Mary.” While it has been recorded by many other artists, “Cherish” remains perhaps their best-known work, which is also a BMI Award Winning song.

What Every Husband Should Know About His Wife

By Les Parrott

Sigmund Freud, the father of psychoanalysis, said, “Despite my thirty years of research into the feminine soul, I have not yet been able to answer the great question: What does a woman want?

Well, Freud, may not have been able to identify the deepest needs of women, but modern research has. A wife‘s most basic needs in marriage are: Read the rest of this entry »

Posted in - Faith, Religion, Goodness - What is the Soul of a man? | Tagged: , , , , , , , , , , , , , , , , | 2 Comments »

Study: Husband’s hand-holding lessens wife’s stress

Posted by Warm Southern Breeze on Friday, December 9, 2011

The Beatles’ 1963 hit “And when I touch you I feel happy, inside. It´s such a feeling, That my love, I can’t hide. I wanna’ hold your hand, I wanna’ hold your hand.”

Did they have it so wrong, or did that song indicate something that for years we have taken for granted?

Brain Scans Show Women Relieved Of Stress By Holding Hands

By Jennifer Harper, The Washington Times

February 20, 2006

Forget about bubble baths, chocolate, lunch with the girls or martinis.

A touch of her husband’s hand is Read the rest of this entry »

Posted in - Faith, Religion, Goodness - What is the Soul of a man?, - Read 'em and weep: The Daily News, - Uncategorized II | Tagged: , , , , , , , | Leave a Comment »

 
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