When you look at the sorry state of the economy over 2 years after it imploded due to Wall Street greed caused in part by the Government abdicating any role in the oversight over complex financial instruments, you really scratch your head when you hear Republican idealogues talk about jump starting the economy by repealing the recently passed financial re-regulation law. It also illustrates what Slabbed author Russell means when he says Republicans are dangerous because their economic theory has become a religion.
Along those lines we have the oil spill and Bobby Jindal’s Bermdoggle, enabled in part by spectacularly bad reporting by media outlets such as CNN and their boy Anderson Cooper, who gave a bunch of self serving crooks and idiots an open mike to push the Bermdoggle, which we have officially found out were worthless. (Here is a bonus link to page one of today’s Sun Herald.)
Folks I’ve been following the Dale Atkins’ disaster from afar, duly noting the irate emails I’ve been receiving about the Clerk of Orleans Parish Civil District Court and the incompetent handling of her office, that experienced a computer crash last month and evidently did not maintain any useful backups. There is a story behind the story that I will not be telling today beyond highlighting some interesting connections Ms Atkins’ maintains.
Over a decade ago I had the misfortune of taking on the Single Audit of a so-called institution of higher learning the State Auditor’s office suddenly had lost interest in. The reason was the institution had suffered a catastrophic computer crash which they were still recovering from when I showed up on site to begin fieldwork.