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Cleaning up with Quick Hits

Lots of stuff going on in recent days, people, and hardly enough time to get to it all. You know what that means: Quick Hits! Here we go!

  • Quotable: “I thought it was part of the women’s movement that women have the freedom to do whatever they want to do.” — U.S. Sen. John Ensign, urging reporters to leave Alaska Gov. Sarah Palin alone when it comes to her teenage daughter’s pregnancy. Of course, Ensign wants to curtail that freedom when it comes to abortion rights, so if you were wondering if he was still full of shit, your answer is “hell, yeah!”
  • So, supporters of Congressman Ron Paul go to all the trouble of hijacking the Nevada Republican Convention, hold their own unsuccessful convention, file a lawsuit, lodge a successful appeal with the Republican National Committee and get all the way to the floor of the party’s national convention only to … agree to nominate John McCain for president? What was the point? Maybe they really are crazy.
  • Mark our words: If Democrats get between 51 and 58 seats in the U.S. Senate, then “Democrat” Joe Lieberman will most likely see his office moved to a broom closet and find himself chairing the Senate Select Committee on Fucking Oneself. If, however, Democrats manage to garner 59 or 60 seats, well, then, Lieberman’s star turn at the Republican convention will be forgiven. Oh, if Democrats can count to 61 without Lieberman, he’d better have somebody else start his car in the Senate garage.
  • An incumbent judge — suspended from the bench — brutally beaten. A challenger facing an SEC probe. This seat is cursed.
  • Area woman argues for repeal of 19th Amendment.
  • And finally today, we can’t help but note the irony: Doug French, who has taken us to task in the pages of Liberty Watch (which is a magazine) resigned as executive vice president at Silver State Bank before it was seized and sold by state and federal regulators. You mean that all this time he was using his vast economic knowledge to criticize us, he was also at the helm of a failing bank, unable to survive a tanking economy? Well, that sure puts things in perspective. Everybody be sure to take his next tirade with a grain of salt.
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Comments for this post will be closed on 6 December 2008.

10 Responses to “Cleaning up with Quick Hits”

Ya gotta love all the great opportunities here in Nevada for politicking, punditry, and pilfering for profit. Never a dull moment, really.

Written by: Elizabeth (E!!) Crum on Monday, Sep. 15, 2008 at 9:56 PM

Steve,

If you’re referring to French wanting government to help him out, please post his comment saying that.

By the way, you can call for higher taxes all you want but until you put your money where your mouth is (i.e., posting a big fat canceled check to the Man) there’s little credibility in your argument. Or do you just want everyone else to pay taxes? Remember, the free market makes your paycheck possible.

Written by: Charles Martel on Tuesday, Sep. 9, 2008 at 6:49 PM

Dear Charles;

The term you seem to be seeking is “moral hazard”.

“Moral hazard is the prospect that a party insulated from risk may behave differently from the way it would behave if it were fully exposed to the risk.”

I still can’t wrap my mind around the fact that McCain jr and Frenchies’ bank LOST a half of a billion dollars! Frenchie got $2m, what did McCain get?

Written by: d4 on Tuesday, Sep. 9, 2008 at 4:17 PM

Ah, yes, risk. The kind of risk that says, if your bank fails, the FDIC (that’s the government, by the way) steps in with insurance. That doesn’t sound very libertarian! What would good old Doug say to THAT?

Personally, we don’t mind. After all, we’re FOR government. We just love those people who are AGAINST government, except when it works to their advantage. There’s a word for them, we think: Hypocrite.

Written by: Steve Sebelius on Tuesday, Sep. 9, 2008 at 7:49 AM

One last thing… I’m still waiting for you to post a screenshot of a big fat check you VOLUNTARILY donated to the state coffers. :)

Written by: Charles Martel on Monday, Sep. 8, 2008 at 10:25 PM

Steve,

A couple points.

1. Freedom does not include the right to kill others, i.e unborn children. However, seeing all of these Obamessiah cult followers makes me wish retroactive abortion were legal.

2. Economics knowledge does not exempt you from losing money in business. Business involves risk. And that’s not something that goes away simply because you’re knowledgeable in economics.

Written by: Charles Martel on Monday, Sep. 8, 2008 at 10:23 PM

here is french asking if the fdic will be there to save your bank? what a fu^&*%# A#$hole!

AUGUST 28 2008

knowthelies

Written by: d4 on Monday, Sep. 8, 2008 at 2:33 PM

Nice work if you can get it!
Just last July 17, 2007 Executive Vice President Douglas E French got 289,900 shares of Silver State Bancorp stock.
SEC

This May 22, 2008 SEC 8-K report is good:
“ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

On May 22, 2008, Douglas E. French resigned as Executive Vice President of Commercial Real Estate Lending for Silver State Bank, Silver State Bancorp’s banking subsidiary, effective immediately.”
SEC8K

How did those commercial real estate loans work out? Who did French give them too? I hope there is an investigation as French seemed to work for the bank only 10 months.

Really, what the hell is going on here? French had 8 sales of his 289,900 shares oof stock from 11.21.07 to 2.19.08 (so far as I’ve researched), and he still as of that had 121,700 shares left and options on at least another 30,000 shares….Frensh gets $1,802,430 from selling his shares….all this for 10 months of work?

The FDIC wanted to shut down the bank before this weekend yet the State would’nt let it, WHY?

Written by: d4 on Monday, Sep. 8, 2008 at 1:39 PM

Steve,

Doug French, who cleared out $2,000,000 on insider selling of Silver State Bank stock should put his money where his big, fat hypocritical mouth is!

“It is simply because we are forced to pay the taxes that ensures government’s existence despite its incompetence.” says Senator Beers’ Liberty Watch ragazine buddy Doug French in the story you linked.

FDIC reports that it will cost the government between $450,000,000 and $500,000,000 to make the failed bank’s depositors whole! A half a billion dollars and French (”a key lender at the bank”)gets to keep the millions he made as of May 2008? Incompetence indeed Mr. French, YOURS!

Written by: dave404 on Monday, Sep. 8, 2008 at 10:29 AM

Steverino,
Your Liebermath is spot on.
Mebby Harry and Joe could meet for lunch near the old Tony Roma’s on Sahara.
Great minds think alike.

Written by: VegasTeaRoom on Monday, Sep. 8, 2008 at 9:20 AM
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