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Profile Information

Gender: Male
Hometown: Detroit Area, MI
Home country: USA
Current location: San Francisco, CA
Member since: Wed Oct 29, 2008, 02:53 PM
Number of posts: 12,519

About Me

Partner, father and liberal Democrat. I am a native Michigander living in San Francisco who is a citizen of the world.

Journal Archives

Aurora victim's stepfather blasts Sanders over gun views

Lonnie Phillips is filing for bankruptcy because he owes $203,000 to the company that sold his stepdaughter’s killer 4,000 rounds of ammunition over the Internet.

A federal judge threw out his lawsuit against Lucky Gunner, and now the Phillips family must pay its legal fees under Colorado law.

As the Democratic primary race turns to New York, where the gun issue looms large, Clinton will seize upon their story and those like it. The Phillips’ daughter, Jessica Ghawi, died in the 2012 mass shooting at a movie theater shooting in Aurora, Colo.
Lucky Gunner was shielded from prosecution under a 2005 law that grants gun makers and sellers immunity from prosecution for crimes committed with their products. Sanders voted for the law, though he’s recently wavered over whether he supports it.

“We don’t have that much money to pay them, and they can take our house,” Phillips told USA TODAY. “Right now we’re living in a trailer traveling and speaking around the country trying to get people to understand how egregious this law is.”

“I don’t think he had any idea of the repercussions this law would cause,” Phillips said of Sanders. “I would like Bernie Sanders to at least apologize to us for the heartache this has caused.”


MCU Supercut - The Road To Civil War (VIDEO)

Sanders supporter publishes “hit list” of superdelegates

A supporter of presidential candidate Bernie Sanders has published a “hit list” of Democratic super delegates, which includes the apparent home addresses of several superdelegates, including at least one woman. (Thayer is now claiming that he’s not a Sanders supporter — his Twitter feed suggests otherwise. More on that at the end of this story.)

The Sanders supporter, Spencer ThⒶyer — who uses the anarchist symbol to spell his name — is is urging fellow Sanders supporters to “harass” Hillary Clinton’s superdelegates, in order to get them to change their vote to Bernie Sanders.

The site, called “The Superdelegate Hit List,” includes the names, addresses, phone numbers, and social media accounts of the Democratic super delegates.


The Real Reason It’s Hard to Take Bernie Sanders Seriously on Wall Street Reform

In fact, the problem with Sanders' approach to Wall Street regulation is that he’s too focused on breaking up the banks—so much so that he's pinning his hopes on regulatory schemes of dubious legality, to the exclusion of equally important issues. The Clinton campaign often criticizes Sanders for failing to address the shadow banking sector—the vast network of financial firms that, while not technically banks, act a lot like them, and which played a central role in the 2008 crisis. But even on the issue of the banks themselves, Sanders is oddly myopic.

As Federal Reserve Bank of Minneapolis President Neel Kashkari recently outlined, there are (at least) three broad ways you can try to deal with the issue of “too big to fail.” First, you can deal with the “big” part and just break them up, either through an approach like Glass-Steagall's, or perhaps by simply capping their total assets. (The latter would probably be more effective, since pure investment banks can get plenty large. Remember Lehman Brothers?) There are advantages to this approach. The failure of a small- or medium-size bank is probably less likely to pose an existential risk to the global economy, and as a side benefit, you might create some extra competition in the market for financial services while reducing the political power of individual institutions (though probably not the financial sector as a whole).

But the biggest problem with just breaking up JPMorgan and Bank of America and calling it a day is that downsized banks are still perfectly capable of taking stupid risks and failing. And if enough of them go bust at once, it can create systemic problems. For instance, the 1980s savings and loan crisis, which involved the failure of more than 1,000 small thrifts, ended up costing U.S. taxpayers some $124 billion and likely damaged the economy. That's why many financial reform advocates—most notably Anat Admati and Martin Hellwig—have argued that instead of shrinking banks, we should make them fail-proof by keeping them from borrowing too much. The most direct way to do that is through dramatically higher capital requirements, which force banks to fund more of their business through things like cash from retained profits and selling stock, rather than debt. (The less your bank is fueled by borrowing, the less likely it is to go bust if your loans and other investments go sour.) Dodd-Frank already raised capital requirements for the largest financial firms, but many think the government should go much further.

Finally, you can also try to reduce risk in the financial markets by simply taxing them, since making it expensive to borrow an obscene amount and leverage up your bets should encourage banks to do less of it. This is basically Clinton's preferred method, and while it might be the lightest-touch approach of the three, the way that financial institutions have slimmed down to avoid Dodd-Frank's regulatory requirements suggests it could be very effective. Plus, it has the advantage of directly addressing risk instead of size. Too-big-to-fail isn't quite such a problem if you don't have to worry about the fail part.


Sandy Hook family member wants Bernie Sanders apology over gun stance

Washington (CNN)The daughter of the Sandy Hook Elementary School principal who was killed at Newtown told CNN Bernie Sanders owes victims' relatives an "apology for putting the gun lobby above our families."

Erica Smegielski, a 30-year-old Hillary Clinton supporter, tweeted "shame on you, @BernieSanders" Tuesday after he told The New York Daily News he would not have supported the victims suing the gun manufacturers.

"Shame on you, @BernieSanders try living one hour of our lives. Love, the #SandyHook Principal's Daughter," Smegielski wrote, linking to the The Daily News front page, blaring "Bernie's Sandy Hook shame."

Sanders was asked by the Daily News whether family members of the Sandy Hook victims should be allowed to sue gun manufacturers, and he responded, "No, I don't."


Will Sanders Go Third Party?

Tonight Senator Bernie Sanders made a path-breaking speech stating that Hillary Clinton is “not qualified” to be President of the United States. This is a major escalation in his attacks on the former Secretary of State in anticipation of the upcoming New York Democratic presidential primary. It is the first time that he has made her personal character a part of his campaign rhetoric — in direct refutation of his promise to make this contest about issues rather than personal matters.This is potential dynamite for the Democratic Party. For it may mean that if Senator Sanders does not get the Democratic presidential nomination next summer — and he continues to argue that Secretary Clinton is disqualified from the presidency — that he will take his large progressive following out of the Democratic Party and run as an independent next Fall, figuring that he can win the presidency on his own by taking advantage of a split vote between a reactionary Republican candidate and a figure like Clinton whom, he believes, most people don’t trust. But in doing so he will risk committing a Ralph Nader-type disruption that could bring about the election of a true reactionary in the person of Ted Cruz or the triumph of a reckless right-wing gambler like Donald Trump. This thus may become a race about Sander’s hurt feelings rather than about the country’s stability and its progressive future and the continuation of the successful policies of President Obama. It is a potential act of folly that could have far-reaching adverse consequences for the nation for decades. We will have to see how this plays out. One still hopes that Sanders, as Clinton has already promised, will hold to his original position that he will agree to support the nominee of the Democratic Party no matter whom that may be. But that is no longer assured.


’Wonder Woman’ Gets New Release Date; 2 New Untitled DC Films Scheduled

The DC Extended Universe is just starting to come to life as Batman v Superman: Dawn of Justice is now out in theaters and we are only a few months away from the release of David Ayer’s Suicide Squad film which will be released this fall. We got plenty of exciting films coming out from the world of DC Comics and it looks like we just got a few additional things to look forward to from Warner Bros. Pictures and DC Entertainment.

The Hollywood Reporter broke the news today that Wonder Woman, starring Gal Gadot as Diana Prince a.k.a. the iconic Amazon Princess, has been moved up from June 23, 2017 to June 2, 2017 which means that we will be getting Themyscira’s heroine a bit earlier than expected. The film is being directed by Patty Jenkins and will also feature Chris Pine, Robin Wright, Connie Nielsen, Danny Huston, David Thewlis, Ewen Bremner, Saïd Taghmaoui, Elena Anaya and Lucy Davis. But that is not all as Hollywood Reporter also revealed that Warner Bros. Pictures has scheduled two new untitled DC Comics films on October 5, 2018 and November 1, 2019. One of them could be the sequel to Suicide Squad as the film has already been greenlit for a second installment with Ayer and Will Smith (who will be playing Floyd Lawton a.k.a. Deadshot) set to return to.


Country Western star Merle Haggard has passed away.

Just flashed across my phone. The good times really are over for good.

'Game Of Thrones' Actress Jessica Henwick Joins Marvel's 'Iron Fist' On Netflix

The upcoming Marvel series for Netflix, Iron Fist, is slowly putting its cast together, and inspiration seems to have come from HBO's Game Of Thrones. After choosing Finn Jones to play Danny Rand, Jessica Henwick has now been announced for the role of Colleen Wing.

While Jones is known for his role as Loras Tyrell in GoT, Henwick plays Nymeria Sand and also had a role last year in Star Wars: The Force Awakens as Jess Testor, one of the X-wing pilots of the Resistance.

Henwick's character Colleen Wing is Iron Fist's ally and one of the two "Daughters Of The Dragon," alongside Misty Knight. In the upcoming show, Colleen will own and operate a dojo.

Iron Fist sees Daniel Rand, a.k.a. Iron Fist, return to New York City to fight its criminals, having disappeared for several years prior. Introduced in the Marvel Comics in the 1970s, Iron Fist is a superhero with high-level training in martial arts that allows him to channel the power of a force called the Iron Fist.


Hilary's putting up respectable numbers

A win is a win and my hat's off to Bernie, but with 32% in, Hillary isn't exactly letting him walk away with it right now. I don't know where the totals are from, but if Milwaukee's still out, it might get a little closer.
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