Tag Archives: political parties

When You’ve Lost WaPo….

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The actual op-ed by George Will is behind The Washington Post‘s pay wall, and I’m a cheap SOB, so….

Here’s the gist of what he said, via The Hill.

Will said that Biden’s recent incorrect assertion that he had passed a massive student loan forgiveness package “by law,” saying “he got it passed by a vote or two,” should be disqualifying.
“Biden was not merely again embellishing his achievements. This is not just another of his verbal fender benders. There is no less-than-dismaying explanation for his complete confusion. What vote? Who voted?” Will asked. “It is frightening that Biden does not know, or remember, what he recently did regarding an immensely important policy. He must be presumed susceptible to future episodes of similar bewilderment. He should leave the public stage on January 20, 2025.”

And

Democrats should promptly face that fact, and this one: an Everest of evidence shows that Vice President Harris is starkly unqualified to be considered as his successor[.]

I don’t often agree with Will, but he’s right on this one.

Contempt

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Another example of the contempt Progressive-Democrats hold for us average Americans. Here’s Hillary Clinton, of millions of us average Americans are irredeemable and deplorable infamy:

I think that with all of the noise that we’ve gotten in this election season I don’t think that people are really able to grasp that. But more importantly, I’m not sure they really understand the threats to their way of life.

This is the sort of politician that wants us to vote for them next week. These folks think we’re just too grindingly stupid to govern ourselves; we must be led by these Progressive-Democrat Betters.

Racism in School Admission Selection Criteria

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The advocates for Harvard and the Federal government in defending Harvard’s and the University of North Carolina’s racist selection criteria—all in the name of diversity and equity, understand—both said that they saw no end to their use of race in their selection criteria. Our Progressive-Democratic Party President Joe Biden, through his Solicitor General, doesn’t even see a need to end racism in admission selection criteria.

Seth Waxman, Harvard’s advocate, admitted that the school is trying hard to get to a race-neutral future but sees no end in sight for preferences.

Sure they’re trying to put an end to it. Or to something.

Waxman went further, rationalizing

Harvard’s use of race by saying it is merely one of many “tips” that the school uses in making judgments about whom to admit—like whether a student is the child of an alumnus, or an athlete. …”just as being, you know, an oboe player in a year” when the school orchestra needs an oboe player “will be the tip.”

Chief Justice John Roberts commented on the disgusting nature of that:

We did not fight a Civil War about oboe players. We did fight a Civil War to eliminate racial discrimination.

Biden was even more explicit:

Elizabeth Prelogar, the US Solicitor General…said using race the way the schools do could continue as long as their interest in diversity is “compelling.”

This disdain for the ability of some groups of Americans to compete, and so to maintain the need explicitly to protect those groups, is straight out of the philosophy of Roger Taney, and it’s shameful.

Faint Praise

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The headline and subheadline said it all in their summary of President Joe Biden’s (D) speech in his supposedly stump speech in Pennsylvania:

Biden spends little time talking about Fetterman during Pennsylvania rally
President Biden uses just one segment of Pennsylvania speech to praise Senate candidate John Fetterman

Biden went down to Pennsylvania and stumped—at least that’s what Fox News generously called it—for that State’s Progressive-Democratic Party candidate for Senate, John Fetterman in these last days before the election.

…but [Biden] made only brief mention of the lieutenant governor, instead making an impassioned plea to choose between “two vastly different visions of America.”

That’s damning by faint praise. Not even the fabulist Biden could come up with more than a sentence or two with which to tout Fetterman and Fetterman’s policies.

There’s a hint in there, somewhere.

Another Power Grab

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This one by the Securities and Exchange Commission.

A proposal under consideration by the agency would generally require brokers to route small investors’ market orders into auctions, where trading firms would compete to execute them, people familiar with the matter said. …
Brokers would have a way out. Instead of sending the orders to auctions, the brokers could attempt to have them filled at the midpoint price or better, the people said.

And

The proposed midpoint requirement and auctions would apply to market orders. Commonly used by small investors, market orders are instructions entered through a brokerage to buy or sell stocks at whatever their current market price is.

This sounds good, but in reality, it’s a solution for a nonexistent problem.

I’m one of those poor, downtrodden small investors, and my broker already uses a price improvement procedure whereby my market orders are routed to the trading house that offers the best execution price—which is the price shaded above the mid-point toward the buy price if I’m selling and below the mid-point toward the sell price if I’m buying. I’m already getting a better price than the mid-point.

My broker isn’t alone, either; most brokers offer/provide that procedure: it’s a means of competing for the small investors’ business.

But wait—don’t those trading houses pay the brokers for the orders to be routed to them? Why yes, yes they do. And those trading houses compete among themselves for the brokers’ business, which means the brokers get a range of trading houses from which to select the best price improvement for their customers.

The SEC’s…proposal…is just another exercise in power for the sake of power being carried out by SEC Chairman Gary Gensler.