George Tiller, a Kansas doctor who performed abortions, some of them late-term, was shot this morning as he entered his church for services. Read the story here - and then someone explain how one justifies murder again?
Dan Smolin asks a good question: Why should we assume that the SEC's Mary Schapiro will make a U-turn in 2009, given that Schapiro has spent her entire career inviting brokerages to "self-regulate" and doing everything in her power to keep consumers at bay when they are ripped off and kept in the dark by brokerages? The easy answer is that we shouldn't assume that Schapiro will all of a sudden go to bat for the consumers. After all, Schapiro "has been at the very center of a failed regulatory process for the past two decades." We know where her loyalties lie, just like we know that Tim Geithner will never turn hard against Wall Street to clean up the corruption (see here for more details on Geithner--and here). Truly, years of actions speak much more loudly than months of words for both Schapiro and Geithner. I am convinced that Obama doesn't have the horses he needs to clean up Wall Street corruption. It's a typical modern conundrum where you need a highly motivated powerful outsider to get the job down, but there simply aren't enough highly motivated powerful outsiders. If Mary Schapiro had even an iota of interest in protecting consumers, Smolin wouldn't be needing to advocate for the following changes he is now pushing--they would have been a reality years ago:
1. Abolish the mandatory arbitration system and give investors back their constitutional rights;
2. Abolish "self regulation" by FINRA, which is a sham. The brokerage industry should be regulated by a governmental authority with the power to do so effectively. The SEC would be the likely agency to do so, with the right leadership;
3. Require brokerage statements to:
(a) Disclose the risk of every portfolio, as measured by standard deviation; (b) Compare the returns of every portfolio to a portfolio indexed to benchmarks of comparable risk; and (c) Disclose the "cost equity" of the portfolio, which is the amount the investor must make to break even, after payment of commissions, fees and margin interest. Common sense, right? Why aren't these reforms a reality? Good question. And why is a terribly motivated person like Mary Schapiro still sitting there pretending to be a reformer?
As was alluded to in a recent comment from Erich, my house was burglarized a couple of weeks ago. I'd enjoyed one of those rare, delightfully spontaneous evenings; after a dance recital for my daughter, I ran into a date I hadn't seen in awhile who invited me to a club to listen to music. Said daughter and her sister were off to their dad's for the weekend, so I was free to stay out. We had a lovely time and I headed home around 11:15. As I turned my key in the front lock and opened the door, I saw movement. I looked up just in time to see a kid run out of my bedroom, glance back at me then run down the hall toward the kitchen, away from me. In that moment, I snapped. Instead of backing out the door to safety and calling 911, I barreled straight toward him, screaming at the top of my lungs. Screaming at him to get the $%#^ out of my house - him AND his com-padre, whom I heard running down the back stairs. They both ran out the back door, one crossing the alley and running between the houses, and one running down the alley. I screamed again, ran back to my car and raced around the block hoping to spot one or both of them. No luck. I was sobbing with rage; I could not believe this had happened - again. I called 911.
Details of the senseless torture committed by Americans continue to come out, but many details have been easily available for several years. Consider this 2006 article by Esquire, which I found at the Daily Dish. It is incredibly disturbing not only because of the behavior of the personnel, but because the information inexorably points to complicity by high-ranking officers and members of the Bush Administration.
[W]hen Church issued his report in March 2005, it found "no link between approved interrogation techniques and detainee abuse" and blamed all the trouble with torture on rogue soldiers.
That's when Fishback contacted Garlasco.
Bottom Line: I am concerned that the Army is deliberately misleading the American people about detainee treatment within our custody. This behavior violates the professional military ethic of "I will not lie, cheat, or steal, nor tolerate those who do" and it violates the constitutional principle of a government accountable to the people.
MARC GARLASCO PUSHES the tape recorder across the table, a little closer to Jeff . . .
This is where one of the stories begins. It's one of many disturbing stories, they are increasingly coming out, and they are all pointing to systematic torture, not just a rogue soldier here or there. It's time for Congressional hearings and war crimes prosecutions. Shouldn't we move forward, though? Yes, we should. We should move forward through this unseemly American conduct, not around it. We need to understand how this could have happened, or else it will occur again at the whim of the military. If it isn't prosecuted, it will occur at the whim of state and local police. We need to look at this conduct up close, as difficult as it is. We need those who were responsible, especially high-ranking officials, to feel intense shame.Should you ever talk to the police to exonerate yourself? Professor James Duane explains why you should never talk to the police. Ever. Even if you are completely innocent. Sounds like good advice to me. It's not just a clever defense lawyer tactic. It's a Constitutional right that has been upheld repeatedly by the U.S. Supreme Court.