Nothing to see here, move along

Alex Pareene at Salon points out how repeatedly lucky Rick Perry has been with his investments:

Rick Perry is a millionaire. Nothing odd about that — lots of people who run for president are millionaires! — but he’s never really had a job outside of government and he didn’t inherit his fortune. Where did his millions of dollars come from? The Fort Worth Star-Telegram answers that question: He’s very good at making investments that look remarkably like examples of blatant corruption.

There was the time Perry bought some random undeveloped land in 1993, and then it turned out that rich businessman Michael Dell needed that land to connect his new house to the sewer lines. Perry made $342,994 selling it to him. And he’s made decent sums trading in stock in companies founded by Perry donors. And there was this bit:

Perry purchased the land from state Sen. Troy Fraser, R-Horseshoe Bay, in 2001 for $314,770. Six years later, Perry sold it for $1.1 million, pulling a profit of $823,776. Perry has attributed the gain to a favorable market for Hill Country land.

“We bought a piece of property, the property appreciated and we sold it,” Perry said last year.

Critics, including the liberal watchdog group Texans for Public Justice, have suggested a dubious dealing considering that the man Fraser bought the land from and the man Perry sold the land to were business partners.

Conor Friedersdorf and David Frum think this all looks a bit crooked but the National Review’s Jim Geraghty says Perry is just constantly lucky, over and over again. Rick Perry should play the slots! (But only if the slots are owned by someone who needs the governor of Texas to grant him some sort of favor.)

Choice

So we have laws to make it impossible for grown women to get abortions they want and need, but we allow abortions forced on the mentally disabled. It’s a real puzzle, isn’t it?

HOUSTON (AP) — A Houston woman got an abortion for her 12-year-old mentally disabled daughter in an effort to hide evidence that her son sexually assaulted the girl, authorities said.

Fixed

Glenzilla on the L.A. Times’ Homeland Security spending series:

The LA Times, while skillfully highlighting these wasteful programs, depicts them as some sort of unintended inefficiencies.  That is exactly what they are not.  None of this is unintended or inefficient but is achieving exactly the purposes for which it is designed.  That’s true for two reasons.

First, this wastefulness is seen as inefficient only if one falsely assumes that its real objective is to combat Terrorist threats.  That is not the purpose of what the U.S. Government does.   As Daniel Weeks explains today, the Congress — contrary to popular opinion — is not “broken”; it is working perfectly for its actual owners.  Or, as he puts it, “Washington isn’t broken — it’s fixed”:

Our problem today is not a broken government but a beholden one: government is more beholden to special-interest shareholders who fund campaigns than it is to ordinary voters. Like any sound investor, the funders seek nothing more and nothing less than a handsome return — deficits be darned — in the form of tax breaks, subsidies and government contracts.

The LA Times, and most people who denounce these spending “inefficiencies,” have the causation backwards: fighting Terrorism isn’t the goal that security spending is supposed to fulfill; the security spending (and power vested by surveillance) is the goal itself, and Terrorism is the pretext for it.  For that reason, whether the spending efficiently addresses a Terrorism threat is totally irrelevant.

Daniel Weeks comes to other conclusions that simply have no basis in fact (for instance, that trial lawyers, our last bastion of resistance against corporate abuses, are in effect getting a federal subsidy without tort reform) and I don’t particularly trust the company he keeps (he’s president of Americans for Campaign Reform, a “bipartisan” organization chaired by former U.S. Sens. Bill Bradley, Bob Kerrey, Warren Rudman, and Alan Simpson, conservatives all) but even a blind squirrel finds the occasional nut.

Yes oh yes oh yes!

This really cheers me up:

A class-action lawsuit against Comcast — alleging the cable operator violated federal antitrust laws and overcharged subscribers — is moving forward after a federal appeals court last week affirmed the case’s class-action certification.

Behrend v. Comcast Corp., which seeks damages of more than $875 million, was originally filed in December 2003. Attorneys for the six plaintiffs claim Comcast overcharged customers for cable service, after acquiring cable providers in the Philadelphia area and obtaining a monopoly in violation of the Sherman Act.

A three-judge panel for the U.S. Court of Appeals for the Third Circuit ruled 2-1 on Aug. 23 that the class met all the tests for a class action under federal guidelines and concluded the class could show damages using common proof. That upheld a decision by the U.S. District Court for the Eastern District of Pennsylvania holding the question of “common impact” provable with class-wide evidence.
Continue reading “Yes oh yes oh yes!”