Obama’s attempt to demonize corporations (AIG in this case) fails.

Obama and his marxist shills demonize capitalism and corporations as the cause of the financial collapse in 2008. They must direct attention away for the democrat policies and regulations of Fannie May and Freddie Mac (and the malfeasance of Barney Frank and Chris Dodd). They don’t want any investigation into the failure of the democrat “Community Investment Act” passed during the Clinton Administration that directly lead to the housing bubble and FORCED the banks and other institutions to take billions of dollars of bad debt and risky mortgages.

The the FedGov bailed out AIG with TARP and then pushed the SEC to charge two AIG executives with fraud. Well, guess what? There was NO fraud and the government is dropping all charges. Here’s the story published by Reuters.

U.S. drops criminal probe of AIG executives

(Reuters) – The U.S. Justice Department has dropped a probe of American International Group Inc executives involving the credit default swaps that sent the insurer to the brink of bankruptcy and forced a huge taxpayer bailout, lawyers for the executives said on Saturday.

The investigation had centered on AIG Financial Products, which nearly brought down the giant insurer after writing tens of billions of dollars on insurance-like contracts on complex securities backed by mortgages that turned out to be toxic.

The U.S. government stepped in with a $182 billion bailout to avert a bankruptcy filing by AIG.

The criminal probe had focused on whether Joseph Cassano, who ran the financial products unit, and Andrew Forster, his deputy, knowingly misled investors about the company’s accounting losses on its credit default swaps portfolio.

“Although a 2-year, intense investigation is tough for anyone, the results are wholly appropriate in light of our client’s factual innocence,” F. Joseph Warin and Jim Walden, Cassano’s lawyers, said in a statement.

Forster’s lawyers also confirmed the probe had been dropped.

“We were very pleased but not surprised to hear from the DOJ late yesterday that they were dropping the criminal investigation of our client,” David Brodsky, one of Forster’s lawyers, said in a statement. “In the end, the facts were stronger than the emotions surrounding AIG’s problems.”

The Department of Justice declined to comment.

You can read the entire article here.

Well, well, Obama fails again. Good!

Are you ready for Global Cooling?

The Climate Conference going on in Chicago has come to this conclusion. Not only did global warming not exist, the world is really experiencing a period of global cooling that is going to continue for decades.

The Investor’s Business Daily posted this editorial.

Posted 05/21/2010 07:05 PM ET

Climate Science: Noted scientists at a Chicago climate conference declare that global warming is not only dead, but that the planet faces a big chill for decades to come. What about those frozen wind turbines?

It’s not exactly Copenhagen or Kyoto, but the 700 scientists attending the fourth International Conference on Climate Change, sponsored by the Heartland Institute, had some chilling news of their own in the most liberal sense.

“Global warming is over — at least for a few decades,” Don Easterbrook, emeritus professor of geology at Western Washington University, told the gathering. “However, the bad news is that global cooling is even more harmful to humans than global warming, and a cause for greater concern.”

Easterbrook and 74 other presenters at the conference said what everyone already knows, having shoveled record amounts of global warming off our sidewalks and driveways last winter.

We don’t need computer models to tell us, baby, it’s getting cold outside. Of course, the doomsayers will claim that global warming causes global warming. Right.

“Rather than global warming at a rate of about 1 (degree) Fahrenheit per decade, records of past natural cycles indicate there may be global cooling for the first few decades of the 21st century to about 2030,” Easterbrook said.

He spoke of natural cycles that have been occurring since the discovery of fire and mankind’s first carbon emissions, long before the invention of the wheel and the SUV.

Easterbrook and the other scientists reported on sudden and natural climate fluctuations documented in the geologic record, all before 1945. Two big climate changes occurred in the past 15,000 years, and another 60 smaller changes in the last 5,000 years.

Another presenter, James M. Taylor, an environmental policy expert and a fellow at the Heartland Institute, said that global cooling is happening now.

He pointed to data provided by the Rutgers University Global Snow Lab showing snow records from the last 10 years exceeding the records set in the 1960s and 1970s.

Based on new analysis of ice cores from Greenland to Antarctica, Easterbrook said global temperatures rose and fell from 9 to 15 degrees in a single century or less, a natural phenomenon he called “astonishing.”

We see a bit of irony in an early February report that 11, 115-foot-tall wind turbines installed to provide power to 11 Minnesota towns were not functioning because they couldn’t handle the record cold temperatures of a harsh winter.

Global cooling, it seems, stalled their fight against global warming.

They should be thawed out by now but Dan Geiger, electrical director for Chaska, Minn., said at the time the city had been receiving inquiries as to why its 160-kilowatt $300,000 turbine wasn’t working.

He told the Minneapolis Star-Tribune it had not worked since mid-November. That’s what we call a green energy no-spin zone.

Yes, it’s warmer today than it was a century ago, but it was even warmer when Eric the Red settled on Greenland in 986.

The climate there supported the Viking way of life based upon cattle, hay, grain and herring for about 300 years, predating the Industrial Revolution.

By 1100, a colony of about 3,000 was thriving there. But then came the Little Ice Age, and by 1400, average temperatures had declined by about 2.7 degrees Fahrenheit, and the advancing glaciers doomed the Viking colony in Greenland.

They were doomed by global cooling.

In testimony before Congress on May 6, Britain’s Lord Monckton noted that “neither global mean surface temperature nor its rates of change in recent decades have been exceptional, unusual, inexplicable, or unprecedented.”

He also advised: “There are many urgent priorities that need the attention of Congress, and it is not for me as an invited guest in your country to say what they are. Yet I can say this much: On any view, ‘global warming’ is not one of them.”

We just hope the polar bears don’t catch their death of cold.

BTW, Algore’s still an idiot.

Are you ready for Global Cooling?

The Climate Conference going on in Chicago has come to this conclusion. Not only did global warming not exist, the world is really experiencing a period of global cooling that is going to continue for decades.

The Investor’s Business Daily posted this editorial.

Posted 05/21/2010 07:05 PM ET

Climate Science: Noted scientists at a Chicago climate conference declare that global warming is not only dead, but that the planet faces a big chill for decades to come. What about those frozen wind turbines?

It’s not exactly Copenhagen or Kyoto, but the 700 scientists attending the fourth International Conference on Climate Change, sponsored by the Heartland Institute, had some chilling news of their own in the most liberal sense.

“Global warming is over — at least for a few decades,” Don Easterbrook, emeritus professor of geology at Western Washington University, told the gathering. “However, the bad news is that global cooling is even more harmful to humans than global warming, and a cause for greater concern.”

Easterbrook and 74 other presenters at the conference said what everyone already knows, having shoveled record amounts of global warming off our sidewalks and driveways last winter.

We don’t need computer models to tell us, baby, it’s getting cold outside. Of course, the doomsayers will claim that global warming causes global warming. Right.

“Rather than global warming at a rate of about 1 (degree) Fahrenheit per decade, records of past natural cycles indicate there may be global cooling for the first few decades of the 21st century to about 2030,” Easterbrook said.

He spoke of natural cycles that have been occurring since the discovery of fire and mankind’s first carbon emissions, long before the invention of the wheel and the SUV.

Easterbrook and the other scientists reported on sudden and natural climate fluctuations documented in the geologic record, all before 1945. Two big climate changes occurred in the past 15,000 years, and another 60 smaller changes in the last 5,000 years.

Another presenter, James M. Taylor, an environmental policy expert and a fellow at the Heartland Institute, said that global cooling is happening now.

He pointed to data provided by the Rutgers University Global Snow Lab showing snow records from the last 10 years exceeding the records set in the 1960s and 1970s.

Based on new analysis of ice cores from Greenland to Antarctica, Easterbrook said global temperatures rose and fell from 9 to 15 degrees in a single century or less, a natural phenomenon he called “astonishing.”

We see a bit of irony in an early February report that 11, 115-foot-tall wind turbines installed to provide power to 11 Minnesota towns were not functioning because they couldn’t handle the record cold temperatures of a harsh winter.

Global cooling, it seems, stalled their fight against global warming.

They should be thawed out by now but Dan Geiger, electrical director for Chaska, Minn., said at the time the city had been receiving inquiries as to why its 160-kilowatt $300,000 turbine wasn’t working.

He told the Minneapolis Star-Tribune it had not worked since mid-November. That’s what we call a green energy no-spin zone.

Yes, it’s warmer today than it was a century ago, but it was even warmer when Eric the Red settled on Greenland in 986.

The climate there supported the Viking way of life based upon cattle, hay, grain and herring for about 300 years, predating the Industrial Revolution.

By 1100, a colony of about 3,000 was thriving there. But then came the Little Ice Age, and by 1400, average temperatures had declined by about 2.7 degrees Fahrenheit, and the advancing glaciers doomed the Viking colony in Greenland.

They were doomed by global cooling.

In testimony before Congress on May 6, Britain’s Lord Monckton noted that “neither global mean surface temperature nor its rates of change in recent decades have been exceptional, unusual, inexplicable, or unprecedented.”

He also advised: “There are many urgent priorities that need the attention of Congress, and it is not for me as an invited guest in your country to say what they are. Yet I can say this much: On any view, ‘global warming’ is not one of them.”

We just hope the polar bears don’t catch their death of cold.

BTW, Algore’s still an idiot.

One down, more yet to go…

In the mail-in election in Hawaii, Charles Djou won at 40% of the vote against 31% and 28% for his two competitors. This is Obama’s home district in Hawaii and the dems couldn’t keep it in the party.

The democrat votes were split between Colleen Hanabusa at 31% of the vote and Ed Case at 27.8% of the vote. Both of the democrat candidate pledge to run again in the fall. This election was to fill the seat vacated by Democrat Neil Abercrombie.

Djou wins U.S. House seat

The GOP trumpets a victory on Obama’s home turf, while Dems promise to regroup

By B.J. Reyes The celebration at Hawaii Republican Party headquarters was barely 15 minutes old as Charles Djou, the GOP’s newest darling, had already moved past the historic victory and turned his sights toward the general election in November.


DENNIS ODA / DODA@STARBULLETIN.COM

“I know there are going to be pundits out there who are going to try to minimize the significance of tonight’s election,” Djou told a crowd of jubilant supporters after winning the special election to fill the vacancy in Hawaii’s 1st Congressional District.

“These pundits are going to say the only reason this evening occurred is because of unique political circumstances,” he added. “These pundits are going to tell you to ignore the results of what happened here tonight. We’re here to tell them they are wrong.”

Djou won with close to 40 percent of the vote in the mail-in special election, beating Democrats Colleen Hanabusa, with 31 percent, and Ed Case, 28 percent.

The DCCC, which spent $300,000 in attack ads against Djou but pulled resources out of Hawaii this month because of the local party’s failure to rally behind one candidate, tried to downplay Djou’s victory.

It may be the beginning of the voters rebelling against the democrat tyranny as shown by the failure of Arlen Specter in the Pennsylvania primary and the lack of a clear majority in Arkansas for Blanch Lincoln running for re-election for the Senate. Lincoln now faces a run-off election because she failed to acquire 50% of the vote.

You can read the entire article above here.

Sarah Para Bellum

This has appeared before, originally on the Free Republic, but it never hurts to repeat it. There was some controversy when it first appeared. It was attacked vociferously on the Daily KOS and other liberal sites and, unfortunately, by some republicans as well.

To me, the drawing depicts a strong, independent woman, who is determined to work towards her goals and does not mind getting her hands dirty. She’s ready to do physical labor and also to defend herself, her family and her nation against all enemies, foreign and domestic.

BTW, I’d be proud to vote for Sarah Palin for President in 2012.

Sarah Palin Immortalized With Remington 870 Pump
Written by Irwin Greenstein

In the shadow of Capitol Hill, a forgotten patriot consigned to America’s trash heap of the unemployed has created a new national symbol that celebrates the values Sarah Palin holds true.

A man who goes only by the name of Dale has cast Sarah Palin as the lost daughter of the World War II heroine, Rosie the Riveter – but with a twist.

Norman Rockwell’s classic 1943 Saturday Evening Post cover of Rosie shows a rivet gun in the lap of our plucky aircraft assembly-line worker during her lunch break. Dale has replaced it with a Remington 870 pump shotgun.

Dale explained in an email to us…

I replaced Rosie’s rivet gun with a Remington 870 12 gauge pump action shotgun, affectionately known as a “street sweeper” by law enforcement and military users. This classic weapon has a proud history for the defense minded everywhere and to my mind exemplified Palin’s unflagging support for our second amendment rights and preparedness to clean up the country while defending against all enemies foreign and domestic. A call to vigilance, not violence.

Dale calls his stunning poster, Sarah Para Bellum, inspired by the Latin maxim si vis pacem, para bellum: “If you wish for peace, prepare for war.”

Sarah-Para-Bellum

Sarah Para Bellum

But there has been little peace for this graying man, who is now a numeral in the database of America’s unemployed compiled by the U.S. Bureau of Labor Statistics.

Shortly after Sarah Para Bellum appeared on the conservative web site, Free Republic, a writer with the screen name Devtob, launched into a rant against Dale’s illustration on the liberal blog, the Daily Kos. Devtob not only slammed Dale for his Rosie cum Sarah Palin, he mistakenly identified the pump-action Remington 870 as an over/under (since corrected).

As Dale observed in an email:

The old adage applies, what do you expect from people who don’t know which end of the tube the round comes out of?

Sarah Para Bellum

This has appeared before, originally on the Free Republic, but it never hurts to repeat it. There was some controversy when it first appeared. It was attacked vociferously on the Daily KOS and other liberal sites and, unfortunately, by some republicans as well.

To me, the drawing depicts a strong, independent woman, who is determined to work towards her goals and does not mind getting her hands dirty. She’s ready to do physical labor and also to defend herself, her family and her nation against all enemies, foreign and domestic.

BTW, I’d be proud to vote for Sarah Palin for President in 2012.

Sarah Palin Immortalized With Remington 870 Pump
Written by Irwin Greenstein

In the shadow of Capitol Hill, a forgotten patriot consigned to America’s trash heap of the unemployed has created a new national symbol that celebrates the values Sarah Palin holds true.

A man who goes only by the name of Dale has cast Sarah Palin as the lost daughter of the World War II heroine, Rosie the Riveter – but with a twist.

Norman Rockwell’s classic 1943 Saturday Evening Post cover of Rosie shows a rivet gun in the lap of our plucky aircraft assembly-line worker during her lunch break. Dale has replaced it with a Remington 870 pump shotgun.

Dale explained in an email to us…

I replaced Rosie’s rivet gun with a Remington 870 12 gauge pump action shotgun, affectionately known as a “street sweeper” by law enforcement and military users. This classic weapon has a proud history for the defense minded everywhere and to my mind exemplified Palin’s unflagging support for our second amendment rights and preparedness to clean up the country while defending against all enemies foreign and domestic. A call to vigilance, not violence.

Dale calls his stunning poster, Sarah Para Bellum, inspired by the Latin maxim si vis pacem, para bellum: “If you wish for peace, prepare for war.”

Sarah-Para-Bellum

Sarah Para Bellum

But there has been little peace for this graying man, who is now a numeral in the database of America’s unemployed compiled by the U.S. Bureau of Labor Statistics.

Shortly after Sarah Para Bellum appeared on the conservative web site, Free Republic, a writer with the screen name Devtob, launched into a rant against Dale’s illustration on the liberal blog, the Daily Kos. Devtob not only slammed Dale for his Rosie cum Sarah Palin, he mistakenly identified the pump-action Remington 870 as an over/under (since corrected).

As Dale observed in an email:

The old adage applies, what do you expect from people who don’t know which end of the tube the round comes out of?

Anonymity and Personal Ownership

Frank James posted a article the other day concerning Blogger anonymity. It made me consider my own anonymity on this blog.

Frank James, among many things, is a professional writer. He’s been published in a number of magazines, and his and his wife’s book about his daughter is still available via Amazon as is Frank’s book, Effective Handgun Defense. Frank’s reputation as a professional writer is part of his livelihood. He must, to maintain credibility, take ownership of his words and opinions.

That is not so true for many bloggers. Other bloggers, for personal reasons, due to employer requirements, or as in the case of Lawdog and Brigid, due to their profession, must keep their identity as private as possible.

When I started this blog, I was employed by the third largest telecommunications company in the US, Sprint-Nextel. The corporation is dependent on the federal government for its continued existence. The FCC regulates the communications industry and can (and frequently has) disrupt business and cause great turmoil just by issuing a new regulation, change or reinterpret a regulation, or block some interstate business project. Consequently, it was prudent for me to not reflect badly on Sprint through my personal words and deeds.

That is no longer the case. I was laid-off last December after eighteen years with the company as an engineer and manager. I’m currently on severance and when that runs out I’ll retire. I no longer need to maintain my anonymity. In actuality, I don’t think I’ve ever mentioned Sprint in my blog nor even posted about the commercial carrier industry.

Therefore, you’ll see my name and town of residence in my profile. The name of this blog will remain Crucis’ Court and there will be no other real changes other than I will no longer hide behind the cover of anonymity. I hadn’t really considered this until I read Frank’s post and it made me think—which is the purpose of any blogger.

Well done, Frank.