American Elephants


Those Dratted CEO’s Get Way too Much Money! (or Do They?) by The Elephant's Child

Thomas Sowell had a wonderful column last week at National Review on CEO pay.  He began:

Congress is never more ridiculous than when it tries to look like it is serious.

In the midst of a major national financial crisis, what was one of the first things Congress zeroed in on? The pay of Chief Executive Officers of financial institutions.

If all those CEOs agreed to work for nothing, that would not be enough to lower the bailout money by one percent.  Anyone who was really serious would start with the 99 percent and let the one percent come later.

But however insignificant the pay of CEOs is economically, it is big stuff politically.  Whatever the shortcomings of the Democrats, they are consistent in their message and class envy is a great part of that message.

People who say that they cannot understand how CEOs in general get so many millions of dollars seem not to realize what a trivial thing they are saying.  Most people do not understand most things.  But that is no reason to have national policy guided by their ignorance. …

What really sets some people off is the fact that a CEO who has mismanaged some corporation into losing billions of dollars is rewarded with a severance package worth millions.

Think about it.  If the CEO’s decisions are costing the company billions, it is a bargain to get him out the door immediately for millions, rather than having his departure delayed by either internal struggles or battles in the courts….

Politically imposed limits on the pay of CEOs is one of the most penny-wise and pound-foolish things that can be done.  The difference between a top-notch CEO: and a second-rate CEO can be billions of dollars on the bottom line.

That is what drives up the pay of CEOs.  If you want someone who will be top-notch in running organizations as huge and complex as Fannie Mae or Freddie Mac, there is no point offering $5 million a year if similar enterprises elsewhere are paying $20 million for people with the kind of ability required. [emphasis mine]

Do read the whole thing. It’s a great corrective for faulty thinking, and being honest, we all indulge in a lot of that. Clarifies a lot of the conversation about the “bailout” too. Not too many CEOs enjoy a very long tenure at their firms.



Democrat Vote Fraud Triple Play by American Elephant

Welcome Michelle Malkin readers! We hope while you’re here, you’ll
take a moment and have a look around and tell us what you think.

We’re very familiar with Barack Obama’s ACORN here in Washington state. Members of that organization were indicted on felony charges for the largest case of voter registration fraud in state history. ACORN workers have been convicted in numerous other states too. (Remember, this is the same ACORN to which the Obama campaign was caught hiding an $800,000 payment, the same ACORN that for decades has been pushing lenders to dole out the very kind of high risk loans that got us where we are today, and the same ACORN which Democrats have long subsidized with your tax dollars).

And the very same ACORN which, yet again, has been raided in yet another voter fraud probe.

LAS VEGAS (AP) – Nevada state authorities are raiding the Las Vegas headquarters of an organization that works to get low-income people to vote. A Nevada secretary of state’s office spokesman said Tuesday that investigators are looking for evidence of voter fraud at the office of the Association of Community Organizations for Reform Now, also called ACORN. [read more]

In related news, Obama supporters in battleground Ohio are ferrying the homeless, drug addicts, and who knows who else to polls where Ohio law allows them to register to vote and cast a ballot at the same time, with no proof of residency required.

CLEVELAND – Volunteers supporting Barack Obama picked up hundreds of people at homeless shelters, soup kitchens and drug-rehab centers and drove them to a polling place yesterday on the last day that Ohioans could register and vote on the same day, almost no questions asked.

The huge effort by a pro-Obama group, Vote Today Ohio, takes advantage of a quirk in the state’s elections laws that allows people to register and cast ballots at the same time without having to prove residency.

Republicans have argued that the window could lead to widespread voter fraud because officials wouldn’t have an opportunity to verify registration information before ballots were cast. [read more]

That’s what Democrats count on. “Count every vote,” they say. Whether or not the vote is legitimate is not something they are particularly concerned with.

And lastly, news out of Connecticut that 8,500 dead people remain registered to vote in that state; where at least 300 appear to have voted since meeting their demise.

State officials blamed “clerical errors” for the 300 discrepancies uncovered by the students in April and say the ensuing review has found no evidence of fraud.

No, you didn’t read that wrong. Dead people are voting, and election officials, who just happen to be Democrats, see no evidence of fraud.

“While we want to remove dead people from the rolls, we don’t want to be overzealous and disenfranchise people,” Secretary of the State Susan Bysiewicz told the Courant. [read more]

When Barack Obama recently said, “John McCain has no idea what he’s up against,” he really wasn’t kidding.

Now we know what “community organizers” do.

UPDATE: Laugh in the face of the dead — and their ballots! The “Dawn of the Democrats” design is now available on t-shirts, buttons and stickers, for men, women and kids in numerous styles and colors at our online store. And don’t worry, since its Democrats, its a shirt that you will be able to wear for many elections to come!



Nominate the Best Halloween Movies Ever! by American Elephant
October 7, 2008, 5:41 am
Filed under: Art, Entertainment, Humor, Movies, News of the Weird, Pop Culture | Tags: , , ,

UPDATE: The list is finished and posted. Click here to check it out .

It’s that time of year!

The days are markedly shorter, the air is crisp and cool, leaves are turning color and littering our lawns, the pumpkins are piling up at the grocery store and we are getting ready to publish our second annual list of the best Halloween movies ever! …and we want your nominations!

But keep in mind, the theme of our list is a little different from the others you’ve seen out there.

We aren’t just looking for the scariest horror movies or the bloodiest gore. Yes, we want monster movies and horror flicks, so by all means, nominate them, but more than that, we are looking for the very Halloweeniest films of all! (Jaws is a very scary movie, for example, but there’s nothing particularly “Halloweeny” about sunny beaches and shark infested surf.)

Specifically, we’d like you to nominate the movies that best put you in the Halloween spirit. What evokes the holiday most to you?  Crisp autumn days and eerie foggy nights? Full moons? Pumpkins? Candy? Monsters, Goblins, Ghost or Ghouls? Or perhaps it’s haunted houses or headless horsemen! You tell us.

Also, keep in mind the movies don’t necessarily have to be scary at all! We are looking for nominations from all genres — so there will be something on our list for everyone in the family. Yes, we want horror and monster movies, but we’re also looking for comedy, drama, adventure… last year we even had a musical and some Halloween chick flicks!

I think you get the idea.

So have at it! Retrieve your brains from the laboratory, shoo the bats from your belfry and tell us what you think are the very Halloweeniest movies of all time! And be sure to tell us why you think they belong on the list of Best Halloween Movies Ever! You can use the comments section below, or email us by clicking “contact” in the navigation menu in the sidebar to make your nominations.

And be sure to check back for the results! (But remember to bring your own popcorn!)




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