It is July 31. Everyone is talking about the debt ceiling crisis and the possibility that the rating agencies may downgrade America to double A status. Aren’t these folks (Moody’s, Standard and Poor, etc) the same “rocket scientists” who COMPLETELY MISSED THE SUBPRIME MORTGAGE BACKED SECURITIES PROBLEM?? Quite frankly, why would anyone care what those agencies think? If safe money wants to buy US Treasuries, just where does Moody’s think they will put their money if we are downgraded? Nobody seems to ask them that. Will they buy Russian debt? Corporate debt? Gold futures? Here’s the point. If there are no five star hotels, who cares if a hotel loses its fifth star? Think about it.
Month: July 2011
Mountaineer Football Predictions
You can take this to the bank (assuming the FDIC hasn’t already closed your bank):
1. WVU will win all of its games IF the defense can perform at 80% of the level that last year’s D did.
2. Within three years, Oliver Luck will have the Big East in the ACC.
3. If Geno Smith is injured then the Mounties will only win seven games.
4. If the Mounties go undefeated for the first half of the season they will still be ranked at below 15th.
A Really Short Short Story
We need to steer the steer into the barn and then plant the plant by the barn. You can’t train a train to do anything but you can stake a stake beside the porch. Now send the bill to Bill. Yesterday I saw the saw beside the tree. Lastly, there’s a lot of space in space.
Casey Anthony Verdict
OK. The jury seems to believe that Casey had nothing whatsoever to do with the child’s death. Because of the double jeopardy clause of the Constitution, Casey could confess tomorrow and still be free of criminal consequences. So what should happen?
The prosecutors should continue to investigate the case. They should call Casey in front of the grand jury and ask her who did it and what she knows about the baby’s death. She can’t take the Fifth because she has been acquitted (see above). If she lies to the grand jury, that is a criminal offense.
Now, unfortunately, this won’t happen because most prosecutors just bow their neck, tell the world they know she did it (they are right, the jury is wrong) and to “re-open” the case is too embarassing because they perceive that as an “admission” they were wrong. I disagree. Find out what happened. That’s the governments job!
Solve the case. After all the money that the state has spent, call Casey in front of the grand jury is no real cost at all.