The BoBo Files

Conservative

Scott Spiegel presents Vargas v. Sotomayor posted at Scott Spiegel.

Thanks for bringing Vargas’s story to us.  All we’ve heard about is Ricci up to this point.  We need more people like Vargas who understand that racial quotas are essentially unfair to everyone.  As for Sotomayerweiners – you’re right – it is a lousy way to judge.  Unfortunately, looks like the RINOs are gonna cave again.

Silicon Valley Blogger presents Recessions and the State of Our Economy: A Visual Primer posted at The Digerati Life, saying, “Here’s a historical discussion of recessions and what they’re all about.”

A great primer.  The visual aids are a great enhancement to the discussion.  However, I would say that we’ve been in a recession since at least mid to late 2007.  If we use the real figures instead of the ones the government issues to their lackies in the main stream media, I believe we hit the “legal” definition of recession near the end of 2007.

The Smarter Wallet presents Richest CEO Paycheck Last Year? Paid To Motorola’s Sanjah Jha posted at The Smarter Wallet, saying, “Here are more examples of highly paid CEOs receiving massive bonuses and big rewards for their efforts in this economic downturn. What do you think of these numbers?”

Personally, I’ve never had a problem with CEO’s making this kind of money – provided their organizations were actually earning money and increasing shareholder wealth as well.  If any of these CEO’s who made this kind of money are in a business that consistently lost money last year – then – yeah – they should be fired instead of rewarded this way.  However, seeing the companies on this list – none of them look like losers. AMEX and CITI are two of the financial businesses that made it through, coming out near the top of the industry.  Nobody complains when actors make this kind of money for just one 2 hour long movie or athletes for working half a year.  CEO’s are just like them – they are highly specialized individuals.  Not everyone has the skills and knowledge to run successful mega-corporations.  They should be highly compensated for success – and beaten with rocks and sticks for massive failure.

Liberal

Madeleine Begun Kane presents Dueling Scandals posted at Mad Kane’s Political Madness.

Hey Mad Kane – all politicians are cheaters and scumbags. Nice limerick.

DWSUWF presents Robert McNamara Remembered – lessons from a liberal technocrat posted at Divided We Stand United We Fall, saying, “We are reluctant to speak ill of the dead. We prefer to celebrate the song and dance man, but forget the child molester and drug abuser. So let it be with Michael. But what of Robert? Almost lost among the Michael Jackson Memorial media circus last week was the notable death of Robert McNamara. Perhaps he is an example of what Shakespeare meant when he said .the evil men do live after them.’”

Thanks for this review of McNamara.  Until his death, I had never heard of him.  Given what you have written – he is the EXACT reason why politicians need to stay out of the way when it comes to military action.  Great post.  I learned a lot from it.

Politics

Bob Brooks presents Another Way Congress Protected The Credit Card Industry posted at Bob Brooks – Prudent Money Blog.

Wow.  I had no idea.  Personally, I didn’t think we needed the bill in the first place for regular consumers.  If you get in to bed with a credit card – it’s your responsibility to maintain the credit without going overboard.  When did it become the business of the government to protect the people from their own bad decisions?  However, if anybody needed some protection from predatory practices – it is the small business owner.  The government was set up to ensure capitalism and business had an opportunity to be successful by eliminating unnecessary barriers.  This type of bill would have been one of those instances where government would have been on the right side of capitalism and the small business owners instead of big corporations. Oh well – since when was this administration concerned with preserving capitalism?

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