Thursday, July 5, 2012
NC Lawmaker Hits Wrong Fracking Button
I'll spare you the obvious if you're too dumb to hit the right button you shouldn't be holding office comments. Suffice to say, why are stupid people running our lives?
A veteran state lawmaker in North Carolina says she pushed the wrong button late Monday night in a marathon legislative session and accidentally opened up the state to fracking.
Rep. Becky Carney, a five-term Democrat from Charlotte, burst into tears after mistakenly voting with Republicans to override Democratic Gov. Bev Perdue’s veto of the contentious legislation. The measure lifts the ban on hydraulic fracturing as a means for mining for natural gas, according to The Wall Street Journal.
Carney and other Democrats asked for a do-over, as is common when a member pushes the wrong button. But in this instance, Republicans said no. A change in Carney’s vote would have changed the outcome, which is against the House rules. But Ms. Carney asked for the rules to be suspended so she could change her vote, but got nowhere.
China is a Ponzi Scheme About to Collapse
So the case is being made. An interesting read at Business Insider:
So on the one hand, we have companies guaranteeing each other's debt (loans), and on the other hand, we have companies buying excessive numbers of equipment, which they pay for with loans provided by the suppliers on condition excessive numbers are bought.
That equipment is then used as collateral to secure more loans. Large parts of these loans are then used to speculate in real estate markets. In both instances, and don't let's forget the overlapping ones where both schemes are combined, we are talking about absolutely virtual money. Are these incidents perhaps? I find that hard to believe in view of how Chinese society is organized: major profits will attract major attention, a pyramid of perfect dimensions.
Charles Ponzi, eat your heart out. You may have been a fine crook, but you never even dreamed of operating on this scale. When these guys are done, they’ll leave nothing but a shell of a country behind.
F this black guy...
would be the response if I thought in the same manner as comedian Chris Rock, who tweeted this yesterday.
Chris Rock's act is so tired...so very tired. It was old when it was new. This guy did it first.
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