A Plebe's Site

Quam bene vivas referre, non quam diu.

Laziness

Posted on 17 October 2017 by eehines

Citigroup, Deutsche Bank, and HSBC, banks allegedly involved in rigging the erstwhile international debt interest rate benchmark LIBOR, are going to pay $132 million in aggregate to “settle” a court case over that alleged involvement.

The proposed settlements…include no admission of wrongdoing.

The banks are paying the money for—as the plaintiffs plainly agree by their own acceptance of the settlement—not doing anything.

This is a bad deal. If the banks didn’t do anything wrong, for what are they paying? If they deserve fines, why aren’t they being kept in court for an on-the-record public recitation of their wrongdoing and punishment?

Sounds like indulgences, to me.

Must Be Dead Broke Again

Posted on 17 October 2017 by eehines

The money’s already spent, and the Clinton Foundation has no other money to send back to Harvey Weinstein.

That’s the excuse that the Clinton Foundation is using (I’m deliberately eliding Hillary Clinton’s fatuous excuse for not returning Weinstein’s donations to her campaign—”there’s no one to return the money to”) for refusing to return Weinstein’s donation of somewhere between $100,000 to $250,000 to the Foundation.

The money’s gone. And since money is eminently fungible, as all of the management of the Clinton Foundation—Chairman Bill Clinton, Vice Chairman Chelsea Clinton, Chief Communications and Marketing Officer Craig Minassian, et al.—all know full well, by implication the Foundation has no other money with which to make the returns.

Apparently, the Clintons, are dead broke again, and now their Foundation is, too.

TANSTAAFL

2 + 2 must always = 4
–Polish proverb

Be not intimidated… nor suffer yourselves to be wheedled out of your liberties by any pretense of politeness, delicacy, or decency. These, as they are often used, are but three different names for hypocrisy, chicanery and cowardice.
–John Adams

Nothing in the universe has a shorter half-life than a politician’s memory for inconvenient facts.
–Admiral Hamish Alexander, RMN

Dawn is nature’s way of telling you to go to bed.
And to just stay there until the evil yellow disk is gone again.
–Anonymous

In a polity, each citizen is to possess his own arms, which are not supplied or owned by the state.
–Aristotle

The way to stop discrimination on the basis of race is to stop discriminating on the basis of race.
–Chief Justice John Roberts.

A yawn is a silent scream for coffee.
–Shane Mclean

If I had eight hours to chop down a tree, I’d spend six hours sharpening my ax.
–Abraham Lincoln

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