Other than transferring everything over from CCC to a new hosting company, I have enjoyed Snomageddon (known as the Blizzard of 2009) and have spent my time sleeping or shoveling snow. Here are some nice images from Battle Station CCC, where we received 24 inches of snow.
I also decided to deck the halls by adorning the tree with ornaments as well.
Noted feminists are disappointed with the design for the Virginia Department of Motor Vehicle’s approved counter-offering to the “Choose Life” license plate design. Hoping for a more “snarky” response to the “Choose Life” design, feminists sought a design depicting the gravity of the life-and-death choice facing women contemplating receipt of the progressive sacrament of abortion. With proceeds going to supplement Virginia Planned Parenthood Affiliates’ income from the sale of aborted fetus body-parts, feminists also hoped for a more fitting memorial to the legacy of Margaret Sanger. The intended offering was
with a more euphemistic design meeting final approval, instead.
I guess it must be the inner child in me, but I am ready for the massive snow fall that is forecasted for the area surrounding the underground bunker. Now, this is unusual for the sunny, 70 degree runner in me, so we are now going to receive much more than anticipated as I have changed my preference for the cold, white stuff. Oh well, I am ready for the weekend inside the bunker to catch up on internet stuff, cleaning and baking.
Yesterday, CCC commented on TIME Magazine’s selection of Ben Bernanke as the publication’s Person of the Year for 2009. The selection is appropriate because of the influence of Bernanke’s actions on world events. TIME has indeed made some notorious selections in the past.
So what did Bernanke do? Here is a breakdown borrowed from TIME’s 2009 Person of the Year web feature:
- conjured up trillions of new dollars and blasted them into the economy
- engineered massive public rescues of failing private companies
- ratcheted down interest rates to zero; lent to mutual funds, hedge funds, foreign banks, investment banks, manufacturers, insurers and other borrowers who had never dreamed of receiving Fed cash
- jump-started stalled credit markets in everything from car loans to corporate paper
- revolutionized housing finance with a breathtaking shopping spree for mortgage bonds
- blew up the Fed’s balance sheet to three times its previous size
- generally transformed the staid arena of central banking into a stage for desperate improvisation
Influential? No doubt.
Did he save the world? Who knows?
Ignoring the temptation to get wrapped up in TIME’s sugary ode to a statist superman, one wonders whether Bernanke has just created a bailout bubble. Imagine that popping. It might even be worse than the doomsday we are pretending to avoid.
Noting the rise of the Tea Party movement, perhaps it would be more fitting of the recognition. Then again, maybe that will be next year’s story.
It’s about freaking time…Vinny Cerrato resigns as Redskins’ executive vice-president of football operations. Hopefully, this will be a move in the winning direction next season, and perhaps, we can go back to more victorious times.
Just when I thought Time Magazine couldn’t become a more insane publication, it appears that they have again proven that theory wrong by honoring Federal Reserve Chairman Ben Bernanke with its “Person of the Year” honor. Reuters reported this simply heinous news recently.
What has Bernanke done to deserve this honor? In my opinion…nada, zilch, nothing. Why, you ask? Simple. The American dollar has declined under his watch, and he knew about the credit crisis before it burst, yet he did nothing about it. These reasons and more are why Rep. Ron Paul and Sen. Jim DeMint created the Audit the Fed Amendment.
Meanwhile, Time hails Bernanke for being a scholar of the Great Depression and for expanding the Federal Reserve’s powers.
Isn’t it a little odd that Bernanke received this honor considering that some U.S. Senators are considering blocking Bernanke’s re-appointment?
Once again, CCC will be encountering a few changes this week, so posting will be sporadic. Right now, I am in the process of switching hosting companies and fixing some of the current features of the site design. My current hosting company has decided to double my hosting fees, thus making it impossible to stay online if I did not make an instant switch to a new hosting company. Hopefully, everything will be online by the end of the week and posting will resume with a bang.
In the meantime, I hope you are enjoying the posting. If not, you can email me with feedback and/or praise. As always, if you really, really like CCC and would like us to stay online for a while, please feel free to click donate on the sidebar.
There is no doubt that all options are on the “table” (gee, what is it with Virginia Democrats and the table?) with Governor Tim Kaine’s goals of drafting a budget for the Commonwealth for the upcoming fiscal year. Considering that the Commonwealth has a budget deficit of $3 billion, Kaine is looking to offset our fiscal woes by reversing the car tax and eliminating the dealer discount, which allows Virginia merchants to keep a percentage of their profits.
The question remains: Will Higher Taxes solve Virginia’s Budget Woes? No. In a economic recession, the best option is to reduce spending at the government level and cutting unnecessary programs that prove no benefit to the people in the Commonwealth of Virginia. In fact, this is the same thought that Lieutenant Governor Bill Bolling and four Republican leaders have when it comes to potential tax increases in a recent letter sent to the Governor.
When will our legislative leaders get it? Tax increases harm prosperity, create an unfriendly environment to businesses and economic development, and hurt working families in the Commonwealth. However, it appears that all options are on the hypothetical table with Kaine, considering that his Administration has been filled with budget oversights over the past four years.
Kat over at Cathouse Chat will be hosting this year’s Carnival of Christmas. Last year, she hosted the Carnival of Christmas, which had several entries ranging from memories to recipes. It was awesome to see all of the great entries. You can read more about the Carnival here. The deadline for submissions is December 21, 2009.
I will be submitting a favorite recipe of mine for the Carnival this year, but you’ll have to go over there and check it out (as I want to surprise you…but that will be nearly impossible as it will be online shortly at Charm Offensive Cooking).
On Friday, December 18th, Samantha Rucker will be holding a fundraiser with special guest, Governor-elect Bob McDonnell. This fundraising reception will be held from 5-6:30 p.m. on the 18th. Rucker is running for the open seat (which has not yet been vacated by Kaye Kory, who won election as Delegate in the 38th District) representing Mason District on the Fairfax County School Board. For more details, click here.
Rucker touts an impressive resume, as she is active within the Mason District community and being active in public education. Aside from her community involvement, Rucker is a fellow graduate of the Jennifer Byler Institute, which is an excellent program ran by the Republican Party of Virginia geared towards getting Republican women prepared for public service. You can learn more about her credentials and campaign here.