Wednesday, March 14, 2012
Greg Smith’s Mea Culpa
I read Greg Smith’s mea culpa, epiphanally formally of Goldman Sachs, today, and it took me awhile, but I finally recalled whom Smith and his op-ed resignation explanation reminded me of. Michael Thomas and his big lie.
UPDATE: An alleged rebubttal to Greg Smith’s op-ed from Wall Street, Public Rebuke of Culture at Goldman Opens Debate, wherein Mr. Smith is described as a “lone wolf.” That’ll get the Department of Homeland Security’s attention.
Assessing the Threat - “Somebody got itchy”
On February 18, in a post I titled Assessing the Threat, I noted that the Pentagon, the home of the Department of Defense, articulated their suspicion of active duty military service members as potential “radicals,” “lone wolves,” or, in other words as terrorist extremists. Just moments ago, I read this.
In a sign of the nervousness surrounding the visit, Marines and other troops among the 200 people gathered in a tent at Camp Leatherneck to hear Mr. Panetta speak were abruptly asked by their commander to get up, place their weapons — M-16 and M-4 automatic rifles and 9-mm pistols — outside the tent and then return unarmed. The commander, Sgt. Maj. Brandon Hall, told reporters he was acting on orders from superiors.
“All I know is, I was told to get the weapons out,” he said. Asked why, he replied, “Somebody got itchy, that’s all I’ve got to say. Somebody got itchy; we just adjust.”
Ed Rasimus, in a post titled Sign of the Times…A Bad Sign, comments on this development, as follows.
I’ve got a feeling that I would probably have taken my weapon out of the tent and would not have returned myself. This is a very dangerous combat zone and the threat to our troops even within the secure areas has been reinforced repeatedly. To suggest that they would point their weapons inward to threaten Panetta more readily than they would point them outward to defend him is very telling of the situation. (bold by ed.)
Very telling indeed.
FYI - It took the New York Times eight (8) paragraphs to reach this very telling assessing the threat development.
Ineptocracy - Word of the Day - Pass It On
I first saw today’s word of the day, ineptocracy, at the blog GunRights4US last Thursday.
Today I see it has jumped the Atlantic salt pond and caught the attention of Samizdata.
Ineptocracy (in-ep-toc’-ra-cy)* - A system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed, are rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers.
Hope and Change Investment Advice
JEFF CARTER: What Do You Invest In Today?
People who bought politicians seem to be getting a good return.