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November 01, 2011 01:04 PM UTC

Election Day 2011 Open Thread

  • 45 Comments
  • by: nancycronk

( – promoted by Colorado Pols)

“A politician thinks of the next election – a statesman, of the next generation.”

–James Freeman Clarke

Best wishes today to everyone who has put their heart and soul into various political campaigns. May the virtue of each campaign, and each candidate, be rewarded with commensurate success.  

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45 thoughts on “Election Day 2011 Open Thread”

  2. Following Corzine’s declaration of bankruptcy for his wall street firm due to miss guided trades in European financial instruments, regulators have been forced to take a deeper look into the possibility of missing client monies and a potentially massive gap in basic accounting controls governing MFs custodial services.

    Federal regulators have discovered that hundreds of millions of dollars in customer money has gone missing from MF Global in recent days, prompting an investigation into the brokerage firm, which is run by Jon S. Corzine, the former New Jersey governor, several people briefed on the matter said on Monday.

    The recognition that money was missing scuttled at the 11th hour an agreement to sell a major part of MF Global to a rival brokerage firm. MF Global had staked its survival on completing the deal. Instead, the New York-based firm filed for bankruptcy on Monday.

    Regulators are examining whether MF Global diverted some customer funds to support its own trades as the firm teetered on the brink of collapse.

    The discovery that money could not be located might simply reflect sloppy internal controls at MF Global. It is still unclear where the money went. At first, as much as $950 million was believed to be missing, but as the firm sorted through its bankruptcy, that figure fell to less than $700 million by late Monday, the people briefed on the matter said. Additional funds are expected to trickle in over the coming days.

    But the investigation, which is in its earliest stages, may uncover something more intentional and troubling.

    http://dealbook.nytimes.com/20…

    Corzine’s latest news profiles included his loss of the NJ Governors house to Republican Chris Christie and a near death 100 mph+ driving accident. Corzine’s news cycle is agin not headed in a positive direction for this former Glodman Sachs chairman.

    Just why the massive Dodd-Frank financial regulatory statutes didn’t stop this before it happened remains a mystery.

    1. Just why the massive Dodd-Frank financial regulatory statutes didn’t stop this before it happened remains a mystery.

      Because the financial “reform” bill actually did very little. So it’s still the same system as before. And that is due to a bi-partisan agreement in Congress to not bite the hand that feeds them.

      1. Had already broken the rules of the Chicago Mercantile Exchange, which require that company funds and client funds be kept in separate accounts.

        http://www.app.com/article/201…

        When you’re out to screw people, do rules or laws really matter?

        Libby: I don’t think you’re going to find anyone, here or in New Jersey, who is going to defend Corzine.  He’s a dick, and that’s why New Jersey is stuck with Governor Christie.

        From Corzine’s Wikipedia page:

        When introduced to a man with an Italian name who said he was in the construction business, Corzine quipped: “Oh, you make cement shoes!” according to Emanuel Alfano, chairman of the Italian-American One Voice Committee. Alfano also reported that when introduced to a lawyer named David Stein, Corzine said: “He’s not Italian, is he? Oh, I guess he’s your Jewish lawyer who is here to get the rest of you out of jail.”

        Hell, even I would have voted against him.

    2. the government didn’t stop him, and now look at the sad mess he’s in . . . whatcha’ say, Tad, let’s give him some tax cuts to cheer him up?

  3. Obama, the G20, and the 99 Percent

    On Thursday, President Obama will meet with leaders of the other G20 countries. On the table will be a proposal to introduce a Financial Transactions Tax (FTT). French President Sarkozy and German Chancellor Merkel will support the proposal. If President Obama is true to his recent words sympathizing with Occupy Wall Street, he will join Sarkozy and Merkel in supporting the FTT. More likely, though, he will oppose the proposal in order to protect Wall Street, thereby continuing his pattern of progressive rhetoric that masks conservative policies.

    I also think Obama will give Wall St what it wants, leaving the financial system volatile and the tax revenues low. After all, we dare not make Wall St pay part of their fair share.

    And you guys call me a closet Republican…

    1. I was a RHINO for years.  Finally, I said what the heck and went unaffiliated.  It really suits that independent streak in me that leans Democrat.  

      I hope your wrong about Obama at the G20 but I fear your right.

  4. They got on air and had an ad running through ballots being returned, which is more than I can say for the opponents.

    R turnout numbers leave me despondent after looking at them…. Hope that voters make a smart decision when they are voting on school board candidates.

    2. The opposition is/was most definitely running ads against Prop 103 in Westminster. They are directly attacking my state senator for supporting it and using Hickenlooper’s “no appetite for tax increases” words to support their position.

      The same commercial has been running on nearly every channel I watch and during most commercial breaks for probably 3 weeks now. They must have dropped a decent amount of cash for such an exhaustive ad buy. I really only saw the pro-103 ad maybe 2 or 3 times over the past couple weeks.

    3. I had the opposite experience. I saw the pro 103 one all the time and never saw the opposing one. I do think it helps that they got it on air pretty damn late, like way after ballots had dropped.

      Pro 103 had the airwaves to themselves for a while there. But I just can’t see it making it in this year, with this turnout and with the campaign they have.

      1. Not once. Wherever those have been running, they haven’t been running here at all.

        Just the pro ads and they’ve been running regularly up here in Larimer County.

        2. But I usually do watch is on Channel 7 and I only saw pro-103 and anti-300 ads. Thy were during Jeopary, Wheel of Fortune, the 6am news and the 5-6pm news hour

          I wonder if there was a difference in what ads aired based on if you have cable or satellite? (I have cable)

  5. Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.

    1. Can you imagine if the OWS or Occupy Denver folks took the next one to heart at the same time?

      A well regulated militia being necessary to the security of a free state, the right of the people to keep and bear arms shall not be infringed.

  8. A little bird reminded me that it’s National Novel Writing Month. Silly? Yes, but “Water for Elephants” started as a NaNoWriMo project, and I’m pretty sure the author is glad she decided to do the silly writing project… Write 50,000 words in one month and you win, that’s it.

    I doubt I’ll finish 50K between work, school, politics, and the two horses, but I’m going to try just for the helluvit.

    1. But now, I would put up with his for a week or so if I could make him spend a week as a 20something woman in the tech industry… the vast majority of colleagues I’ve ever had are actively feminist and in favor of equality, work well under female managers, respect female executives, the whole bit. But there are always those few, and I can think of a handful I’d happily sic on Rush-in-female-body. Let’s see him call it a political tool when it’s the actively Republican, right-wing executive pinching his butt.

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