We have been promised by Democrats like Minnesota’s U.S. Sen. Amy Klobuchar that if we just passed a bunch of well-intentioned laws, we would never be robbed by those greedy Wall Street overlords.  It was the mean, vile bankers and investment gurus that were putting our democracy and economy at risk.  If only we passed the Dodd-Frank Wall Street Reform and Consumer Protection Act, all our worries would be fixed.  The wise and benevolent federal government would safeguard our money and make all our troubles go away.  In fact, from her website, Klobuchar said this:

“The reckless gambling on Wall Street cost millions of Americans their jobs, homes, and nest eggs,” Klobuchar said. “Trillions of dollars in wealth were gambled away because of a financial system that lacked the necessary safeguards to protect Main Street. This bill establishes safeguards to protect our economy and will help bring accountability back to our financial system.”

Accountability?  Protect Main Street?  Is that what is happening with Jon Corzine and MF Global and over a billion dollars AWOL?

From a story at the Startribune, October 2, 2011, ‘MF Global woes ripple into heartland,’ Jim Spencer reports, “When MF Global declared bankruptcy, farmers like Magnuson and Dean Tofteland, who raises pigs and grows corn and soybeans in Luverne, Minn., thought they were safe. They had been told their money was held in “segregated” accounts to be invested only in their best interest.”  What actually happened was a Democratic Party former senator and New Jersey governor, Jon Corzine ran a company that moved their money from these discrete accounts into shady European investments to shore up his interests.  While we still don’t know how much money is missing, estimates are now in the 1.2 billion dollar range.

So what is Klobuchar’s reaction to this?  “[Regulators] are still investigating if what [MF Global] did was illegal,” Klobuchar said in an interview after the hearing. “And it may well have been illegal. We don’t know that yet. But what we know is that the law is inadequate when it comes to disclosing transactions like they made … it is possible that they were able under existing law to hide those risky transactions.”

Inadequate?  How can that be?  We passed the massively intrusive Dodd-Frank financial reform bill over a year ago.  According to Klobuchar’s own words, this law was supposed to provide accountability should something nefarious occur with Main Street money.  One would be hard-pressed to find a more Main Street group of people than farmers.  So why isn’t Jon Corzine, who managed to lead the state of New Jersey and MF Global into financial ruin, in jail?  What happened?

“The Senate hearing Thursday showed how difficult it would be to answer such questions. MF Global was allowed to invest in bonds of foreign countries and lend money from one part of the company to another. Federal regulations did not require the risky loans to be recorded on MF Global’s balance sheet. Klobuchar called the rules, put in place in 2000 and 2005, ‘part of this Wall Street expansion where basically Wall Street gets to go down the street in their Ferraris and the government’s falling behind in a Model-T Ford.”

Let’s take Klobuchar’s statement apart.  First, Klobuchar calls this theft a skirting of the ‘rules.’  Are we playing Candyland?  Did Corzine jump a square and go up a level in Chutes and Ladders?  We are talking about theft and misappropriation of funds.  The money didn’t just get tired and wander over into a European investment.  The fact it didn’t get reported on a balance sheet in the right column isn’t the issue.  The money was taken from an account that was supposed to be guarded and used as Monopoly money in foreign investments.  Who cares if it was or wasn’t reported?  The most vital part is the money was used by Corzine and his lackeys to shore up their other accounts.

Second, even if rules were put in place in 2000 and 2005 (which I don’t believe) Dodd-Frank was supposed to stop any of this.  Klobuchar proudly proclaimed she “fought for comprehensive reform in the Wall Street Reform and Consumer Protection Act. This bill contains a number of provisions designed to protect consumers and restore transparency. Those measures include efforts to monitor and address systemic risk, increase accountability at financial firms, and reform the complex derivatives markets.”  Once again, this is from her website in the Issues/Legislation tab as of December 3, 2011.  The idiotic rules put in place previously should have been washed away with her bright shiny new law.  Yet, here we are with Main Street robbed and Jon Corzine free as a bird.

If the federal government is “falling behind in a Model-T Ford,” it’s because Klobuchar put that in place.  But, she didn’t give us a Model-T Ford.  She gave us a Chevy Volt that is now bursting into flames because someone set a cup of coffee on the hood.  Klobuchar was one of the senators making Dodd-Frank’s financial strangulation possible.  She owns this law and its failure.  It is because of stupid laws like this that provide lanes and paths and reports and byzantine rules and committees of oversight that give plausible deniability to people like the corrupt Corzine.  Corzine will throw his accountants and clerks under that bus because they put the wrong number in the wrong column and he will stroll off scot free.

Klobuchar is already laying the groundwork for getting Corzine a pass.  It wasn’t Corzine’s criminally fraudulent theft of segregated funds that caused these people to lose their money.  It was the system, a system she helped put into place.  “I don’t have a scandal meter,” she said. “I just think it’s another example of why we just can’t let these financial firms run roughshod over people on Main Street or people who are doing nothing but growing crops or raising pigs. They should not have to know every in and out of the regulatory system to protect their money.”

No, Ms. Klobuchar.  It was your system that gave people like Corzine a path out of the swamp of idiotic regulations and red tape.  We don’t need someone like you passing random laws and promulgating committees and rules, we need actual accountability like sending Corzine to jail so other investment types think twice before robbing farmers to support their risky schemes.  But, Klobuchar won’t do that.  She will make sure all the heat is on someone else because Corzine is her buddy and her fellow Democrat.  And her campaign donor.

From Newjersey.com, May 7, 2011, ‘Corzine still a big political spender,’ Herb Jackson writes:

“Corzine, who shares his time between the New York apartment and his home in Hoboken, is no stranger to big money in politics. He had used his position as chairman of Wall Street powerhouse Goldman Sachs to become one of the nation’s biggest “soft money” contributors to Washington Democrats when his name first began circulating in 1999 as a possible Senate candidate.”

Corzine is a big bundler of campaign cash for Obama.  He also has given generously to Senate campaigns outside Washington and in his home state of New Jersey.  According to the side bar to this story, “Most of the recipients of $111,500 in contributions from former Gov. Jon Corzine and his relatives since he lost the 2009 election were national committees or U.S. Senate candidates in other states.”  This includes $1,000 to Sen. Amy Klobuchar, D-MN.  He has also provided ample funds to the DNC and the Democratic Senatorial Campaign Committee which also support Klobuchar’s reelection bid.

Given the amount of money Corzine has funneled to the movers and shakers in the Democratic Party, it will not be surprising to see Klobuchar and her Democratic colleagues in the Senate give Corzine the benefit of the doubt.  The emphasis going forward will be on the loopholes in the law and not Corzine’s accountability.  But, given Klobuchar’s participation in that law, it should be her on trial as well.

No doubt, this accidental journalism by the Startribune in the farmer story will be squelched in the future.  Klobuchar will be quoted as seriously questioning and carefully examining the problems with the law.  But, this is her baby.  She bought this ridiculous farce that Dodd-Frank “establishes safeguards to protect our economy and will help bring accountability back to our financial system.”  There are no safeguards for Main Street.  There will be no accountability as long as the Democratic Party donors are involved.  Jon Corzine will not see the inside of a jail if Klobuchar has her way.  He will be dismissed as an incompetent but innocent while others take his rightful place.  He’ll just write another check, and it will all go away, courtesy of Klobuchar and her comrades.

Crossposted at Looktruenorth.com

Day Two

This whole shutdown thing isn’t going quite as they planned.  Several problems are arising in Governor Mark Dayton and the progressive/socialist wing of the Democratic Party’s plan to starve out the Minnesota population with a government shutdown.  First, the economic pain envisioned by Dayton isn’t happening.  Second, we are finding ourselves with a ‘government by fiat’ situation instead of a democratic republic.  Finally, Minnesotans are taking the situation at hand and dealing with it which upsets all their apple carts at once.  The narratives are being dismantled and the memes are washing away.

Desperate for stories about human misery and Republican perfidy, the crack reporters of the DFL’s favorite pamphleteers at the StarTribune ran around the state looking for problems.  Since there weren’t any GOP mobs assaulting the homeless, they came up with some interesting case studies.

Stocked His Freezer with Canned Goods

Strangely enough most people weren’t terribly upset by the extra day off before a long 4^th of July weekend.  Undeterred, they reported this laid off uncritical state employee as saying, “My frustration and my anger are very, very high,” Yaeger said. “In the near future, we move to rage.”

Yaeger, who has stocked his freezer with canned goods and meat, said jokingly that he’s now accepting free dinner invitations from friends.”  ‘Feeling effects at home, in wallet,’ by Kelly Smith, Richard Meryhew, and Warren Wolfe, Startribune.com, July 2, 2011.

My goodness.  So this 53 year-old training coordinator for the Minnesota Department of Health is so upset with the extra day off he’s moved to anger that could become rage.  This doesn’t sound like a very stable person especially with him putting his canned goods in a freezer.  Perhaps he believes without state government his canned goods will spoil and so he needs to double protect them.  Either that, or he really like frozen beets on a stick in this hot weather.

Regardless, the stories get even more bizarre.  There is a couple in Coon Rapids and the husband was laid off from his uncritical state engineering job.  “The couple started the day by pulling their 2-year-old from day care. For a time, he’ll stay at Mike’s parents’ house to help save money. Meanwhile, Heidi has set aside her “dream job” as a self-employed photographer to seek a second job.”  How desperate are the StarTribune reporters for a story that they come up with this remarkable tale.  Mike Mendiola has been laid off until Dayton sees reason.  They both know the state government will go back online sometime, but in the mean time they have to cope.

How are the Mendiolas coping?  They pulled their 2 year old from day care to stay with Mike’s parents.  Why the hell isn’t Mike just taking care of his child?  What would you need day care for if you’re home and laid off from work.  So what if poor Heidi has to look for a real job.  Quite frankly, these supposed tales of woe just make me more furious that we have 23,000 able-bodied Minnesotans soaking up millions of dollars in tax revenue on uncritical jobs and whining about having to take care of their own children.

This is ridiculous.  I know that Kelly Smith, Richard Meryhew, and Warren Wolfe were supposed to find people traumatized by Dayton’s Shutdown but this borders on a mockumentary in its effect.

Government by Fiat  (Not the car company.  That might be better)

Yesterday I listed off the noncritical items that were shutdown in Minnesota’s state government.  Quite a list of nonessential services I think.  These nonessential services were selected by dictator,  er Judge Kathleen Gearin, Chief of the Ramsay County District Court.   From the StarTribune, Times News Service, June 24, 2011, ‘Judge will likely decide next week on Minnesota government operations in event of shutdown.’  They reported this:

“Although the Minnesota Constitution says, “No money shall be paid out of the treasury of the state except in pursuance of appropriation by law” — meaning passed by the Legislature — Swanson argued that the U.S. Constitution contains an overriding requirement that the state cannot “deprive any person of life, liberty or property without due process of law.”

So, our Attorney General argued that our state constitution requires the legislature to appropriate money unless it conflicts with her opinion on the other parts of the U.S. Constitution.  In other words, “no money” really means “unless it’s inconvenient to the Democratic Party patronage system.”  Swanson argues there are facets of state government which simply have to operate otherwise we’ll just be dying in the streets and public unions will not get their take of the public funds.

Gearin agreed and made an arbitrary laundry list of noncritical parts of the state government which could ‘safely’ be shutdown.  But, she decided to appoint a ‘special dictator, I mean, ‘master’ to review her arbitrary laundry list and allow funding to flow to vital services like rest areas for the incontinent and fireworks displays for the blind.

July 2, 2011, ‘Agencies make pitches for continued funds,’ by Star Tribune’s intrepid Mike Kaszuba reports:

“All took their seats before Kathleen Blatz, a former state Supreme Court chief justice appointed as a special master to hear the pleadings. Blatz promised to have her first recommendations as early as Sunday.

In some instances, she said she had heard enough. “I thought they made a strong argument here today that they were” a critical state service, Blatz said after Southern Minnesota Regional Legal Services made its case.”

Congratulations Minnesota.  You’ve got yourself a tyranny.  Thank the heavens we have someone as distinguished and accomplished as Kathleen Blatz to decide where we need to spend money and what social programs are worthy of our tax dollars.  It’s not like we have a political branch charged by our CONSTITUTION to decide these things.  NOOOOOOO.  Now we’ve got ourselves a benevolent dictator to decide for us.  Does anyone really believe this glorified legal bureaucrat, once a state supreme court judge, is going to carefully decide funding based on public discourse?  Of course not.  That’s the new Undemocratic Party way, brought to you by the Prog/Soc wing of The Party.

Just as an amuse bouche of the kinds of testimony Minnesota’s ‘special master’ heard on Friday, we were treated with this.

“I don’t mean to scare you,” said Julie Tate of Minneapolis, who sat before Blatz in a wheelchair and lobbied for state funding for Vail Place, a community-based mental health program serving 1,700 adults in Hennepin County. “[But I] feel suicidal most of the time.”

Well, if you’re feeling suicidal, then let’s pull out the checkbook.  It’s not like it’s any skin off Kathleen Blatz’ nose.  So what if she decides to fund a mental health program without public comment.  If someone threatens suicide then we HAVE to fund their program.  I mean, if someone uses extortion, we have to fund them, right?

This is the nature of our policy making today.  We have abandoned all reason when it comes to public funding of anything.  The pain of cancer has been equated with the pain of ‘Mommmm, he looked at me funny.’  We no longer rationally evaluate public needs but simply cave to the most incessant whiner.  Everybody gets a place at the public trough.  That’s why we are all in the dilemma we face both in Minnesota and on the national level.

Robin Hood Visits Minnesota Parks

On the morning talk show on KTLK, former gubernatorial candidate Tom Emmer, the Republican endorsed candidate, gave a shout out to Minnesota residents.  He told them to walk around the closed gates at Minnesota parks and enjoy the scenery.  Sheriff of Nottingham Mark Dayton was hoping that closing the parks on a long 4^th of July weekend would make the people of Minnesota angry.  It did, but not at the Republican-led legislature.

In ‘’Closed’ doesn’t deter park visitors,’ Larry Oakes in July 2, 2011’s Star Tribune writes, “The gate was closed and the visitors center was locked, but hundreds of travelers still enjoyed the scenic splendor of Gooseberry Falls on Friday – even though all state parks are officially off-limits to the public as part of the government shutdown.”  It seems many people are taking Emmer’s advice.  Instead of meekly accepting the official park notices, visitors are streaming into Minnesota parks to enjoy the scenery and the beauty the state boasts about.

State officials weren’t too happy.  However, dragging eleven year old girls kicking and screaming out of a nature area doesn’t exactly present a positive picture of our state governmental officials.  Instead, the prog/soc’s issued grave warnings of peril.

“The state Department of Natural Resources, which manages state parks, is strongly advising visitors “not to enter the grounds of any state park during the shutdown.” The agency’s website offers this warning: “We are concerned about serious health, safety and security issues if visitors enter parks when there are no restroom facilities, water and staff available. For example, 911 calls might not be available due to lack of cell phone coverage.”

Oh no!!!  Can you imagine the horror of hiking through a park without a park staff member on hand to collect their entrance fee?  What are visitors going to do without having a rest room or water readily available?  It’s not like we have things like convenience stores and bottled water to rely on.  Oh no.  But my favorite little part of this warning is the cell phone coverage threat.  Are they trying to suggest that cell phones rely on state government park facilities to operate?  Are they really trying to scare people from visiting a park because Google might not be available?  Did cell phone coverage suddenly become more sketchy because we aren’t collecting the permit fees?

This kind of ‘theater of the absurd’ isn’t unique to this shutdown.  People in Minnesota are used to the nonsensical argument routinely pressed by our prog/soc officials.  That’s why people are visiting the parks even though Sheriff Dayton has warned them away.

Backfire

This entire experiment by the Left and the Democratic Party in Minnesota is instructive.  We are watching them spin and lie and fabricate and without any real effect.  They were so desperate to raise taxes on ‘the rich’, they were willing to give up all reason and sense to do so.  We are now seeing just how worthless and wasteful these social experiments really are.  We are starting to see that employing tens of thousands of state workers to push paper is stupid.  We are watching as the existential threats of a government shutdown are all air and no substance.  Antiseptic sunlight is exposing the hidden costs of liberal ideas.  It’s time to start cutting.  Not just because we can’t afford this mess, but because it goes to the very heart of our society and culture.  If we are willing to give up governing to special dictators and reason to political patronage, we are rapidly moving in a very scary direction.

It’s time to dissect the whole operation, throughout the country.

Crossposted at Looktruenorth.com