Thursday, December 25, 2008

Merry Christmas

Let's not forget the other babes

After Herod got word that there was a Jewish baby born recently, "king of the Jews" who could be a threat to his power, he decreed that all male babies under the age of two should be murdered [Matthew 2]. "Rachel weeping for her children and refusing to be comforted because they are no more." It's a sad, sad story from history. But so is this--a leader, a king maker like no other we've ever had, not because of his color, as some want to think, but because he's the first president openly and proudly hostile to the unborn, our future:
    "Despite some Catholics’ claims to the contrary, the new president’s approval of legalized abortion is unmistakable. Unlike Bill Clinton, Al Gore, and John Kerry, Barack Obama refused to make even verbal gestures toward compromise or nuance during the presidential campaign. The flatfooted line he delivered at the Saddleback Forum—that a decision about when life begins is “above my pay grade”—proved that he has internalized the peculiar logic of Roe v. Wade and Casey v. Planned Parenthood, which cast laws against abortion as government’s unconstitutional intrusion into private metaphysical decisions. But his earlier line that he didn’t want young women “punished with a baby” proved that he has also internalized what stands behind those decisions: a worldview in which life is not a gift but a burden to be shouldered only when we will." First Things

Wednesday, December 24, 2008

We both laughed

My husband is the flowers and jewelry for gifts type--if I ever got an appliance as a gift I probably requested it. Like the year he gave me a laptop. I returned it--didn't like it, but the one I bought (half the price) hasn't been all that reliable. But some men may not be amused. Well written and acted, though.

This ad is ubiquitous

It's at every blog, news source, and on-line product I see. "My Teeth are Finally White." Not once did I bite--so I have no idea what would come up if I clicked.

I drink a lot of coffee and tea, and my teeth are definitely not white. I notice it in most people my age. Think about it. If you expose anything to the chemical make-up of food and saliva for many decades, you'll have staining, whether it's your brick walkway, a ceramic sink or your own teeth. I think I've found a solution. I've started wearing lipstick again. Had only used it occasionally for probably 30 years. Sure, it's an optical illusion, but it works.

And so, it is Christmas Eve Day. The temperature here in Columbus is 39 degrees, it rained during the night, so I'm hoping the ice build up is gone. I haven't left for the coffee shop yet, hoping a few more early travelers will clear the roads for me.

We'll have a casual dinner here with the children tonight--soup and sandwiches--then church, and tomorrow we'll go to Canal Winchester to our son's home. His handsome face and mellifluous voice were on TV yesterday, as he was interviewed about an unhappy event. For the second time in 6 weeks someone has died in front of his place of work in an auto accident. He and some fellow workers rushed out to help, but it was too late. Then a nurse stopped to help. God bless the Good Samaritans of this modern age. Two elderly women, one dead, one in critical condition according to the news. You almost pray that she expires without waking up--they were 81 year old twins, we heard. They've probably spent their lives together, sharing and caring, and so it was perhaps at the end.

Our purple and green bureaucracy

As the New Yorker cartoon by Frank Cotham says, “It’s always cozy in here. We’re insulated by layers of bureaucracy.”

Red state or blue, green bureaucrats are pure gold for large companies--Goldman Sachs and General Electric, for instance--they help regulate the little guy out of competition. Even back when I was a liberal writing about supermarket coupons and sweepstakes (1983), I noted that the best and biggest offers came from the largest food companies, and eventually through the cooperation of the penny pinching consumer, would put the small companies out of business and then raise prices.

Forward looking green businessmen like Henry Paulson (our Bush Secretary of Treasury who helped design our current bailouts) and his partner Al Gore (our Clinton vice president) in GIM will get rich from imaginary carbon footprints and cap and trade points. Both will lead a lifestyle of wealth and privilege the rest of us can only imagine, with you and me footing the bill, and Joe Biden leading cheers assuring us he‘s looking out for the middle class tax payer.

But the poor will pay the most. The US poor are rich by the rest of the world’s standards, but even they will be hurt by the green quicksand that drags down the economy. It’s only when you’ve got the basics of life taken care of that you can turn your attention to taking care of the environment. It doesn’t make sense to spend billions of resources fantasizing about miniscule amounts of this or that in our food, water and air when millions around the world go to bed hungry or are unable to work, weakened by malaria through the hyper-vigilant actions of environmentalists fearing the death of a bird egg. There are thousands of non-profits, religious groups and think-tanks dependent on keeping us terrified and anxious about all the products, foods, building materials, and vehicles in our lives. They "earn" their salaries and research funding with government grants. Technically, they aren't on the government payroll, but they might as well be.

Our green bureaucrats will eventually destroy American auto manufacturers, those three companies they first built by reducing competition (did you ever wonder where the rest of them went?) or taxing them out of the industrial Midwest. First the jobs building automobiles went south, and then to overseas workers, to be shipped back to us. The newer angle is to force on us cars no one wants, built in plants that could only please a large union work force, supporting the medical bills of millions of UAW retirees for a few more years.

Dear readers, the men and women we’ve sent to Washington aren’t stupid; but at their deep purple heart of heart on the fringes, they are socialists. They may reach to extol Reagan, but they stand on the back of FDR. Government will own it all--and 2008 will be the watershed year. And for those officials of either party--staff, appointees or elected--it’s a paid-in-full ride to the end. When they retire, or are voted out, they hang around in Washington think tanks or their branches and become lobbyists, researchers, writers or conference organizers, but nothing changes.

Other than being larger, with a bigger budget, do you see anything different between the Clinton bureaucracy of 1998 and the Bush bureaucracy of 2008? And they’re all back through the revolving door, along with a few newer Chicagoans funded by the sheiks from the middle east who banrolled the Clinton.

When the deep purple falls
over green regulatory walls
And the stars begin to twinkle in DC—
In the mist of a memory
you wander back to me
Taking my taxes with a grin...

Not much justice here, move along

Seems to be a think tank in the tank for Obama and various "progressive" (socialist, marxist) causes. Brennan Center for Justice at New York University School of Law.

Tuesday, December 23, 2008

Willful, crusading ignorance

A janitor/student at IUPUI (Indiana) Keith John Sampson was charged with racial harassment by a co-worker for reading a book on his break time about the Klan. The book was actually anti-Klan, but all the woman saw was the word Klan. She didn't ask, just filed a complaint. The office of equal opportunity (one woman) found him guilty without ever looking at the book (Notre Dame vs. the Klan: How the Fighting Irish Defeated the Ku Klux Klan) and put the finding in his permanent record. This amazing story, and a very well made film about the incident is at the FIRE blog. Eventually, the president of IUPUI apologized to the student when it became national news through FIRE's effort, but the woman was promoted, and no faculty member ever came to his defense. It makes you wonder what country we're living in.

Let Caroline run

She couldn't do a worse job than her uncle, cousins, and other assorted in-laws who've married the Kennedy name and used it to climb the political ladders in their states. I don't think she's killed anyone; don't know if she's ever had a job, but that too isn't unusual for the elites who inherit wealth from a capitalist ancestor and then swing left. But she can't match Sarah Palin. There's no comparison in talent, experience, and guts. In a recent interview when asked about the vilification she got for being "common," not from the educated elite, she replied
    "But once the electorate knows what that candidate’s convictions are and positions are, I don’t think that matters. You just prefaced your question with the fact that I didn’t come from that ‘stock’. I got my education from the University of Idaho because that’s what I could afford. It was the least-expensive school that offered the programs I knew would benefit me in my future. My Dad was a school teacher and had four kids in college at about the same time. It didn’t occur to me to ask my parents to pay for my college education. We all worked through school and paid for schools that we could afford. I still got a great education. No, I don’t come from the self-proclaimed ‘movers and shakers’ group and that’s fine with me. It’s caused me, or rather, allowed me, to work harder and pulled myself up by my bootstraps without anyone else helping me. I think it allows me to be in touch with the vast majority of Americans who are in the same position that I am. That is desiring government to be on our side and not against us. And that means, in a lot of ways, for government to get out of the way to allow our families and our businesses to keep more of what they produce, to meet our own priorities." Interview
Caroline doesn't have bootstraps, but she's had to overcome a lot of losses in her life, and although I'd never vote for her, she's probably better qualified than the governor who will appoint her, and the various people claiming she's not qualified. Look what electing and appointing all those "qualified public servants" got us. You know, the ones with Fannie and Fred oversite, the ones taking bribes (at least she won't need to do that!), the ones who threw friends and relatives under the bus, the ones who do nothing but bring home the pork.

An updated carol

Seen at PUMA P.A.C. A sock puppet is someone who pretends to be someone else on the internet, but obviously they can be fakes in real life too as all those who trusted Bernie Madoff or Marc Dreir or even Barney Frank and Barack Obama (lots of lefties mad at him--just read PUMA PAC) found out.

Oxygen isotope ratios

Lynne Bell from the School of Criminology in Simon Fraser University in Burnaby, Canada, and her colleagues analysed oxygen isotope ratios in the bones and tooth enamel in 18 of the sunken sailors of the Mary Rose, one of King Henry VIII's war ships. This analysis showed the men may have been from the Mediterranean area and probably didn't understand English, thus didn't get the command correctly during the battle with the French. This information on why children might need to understand standard English or you your stock broker in order to do well (not really, but one could make that argument) is found at the blog about Decoding the Heavens, by Jo Marchant, mentioned in the previous entry.

What happened to the women?

The modern women’s movement is dated from the late 60s or early 1970s. It sort of evolved from the Civil Rights movement and the Vietnam war protests, I’m told. Women got tired of sleeping with, and making coffee for the movers, shakers, and criminal element, although some like Bernadine Dohrn went on to marry one. I can remember attending “consciousness raising” groups on the OSU campus--women sitting around, usually on the floor, discussing the various ways society or more specifically men had kept them from their potential or dreams, and how things would be different if women were in charge. More collaborative. Kinder. More team work. We were so radical we didn’t even serve snacks like church ladies.

Well, we’re about 40 years down the road. I’d like you to take a look at this very interesting video about the Antikythera Mechanism. http://www.antikytheramechanism.org/

Never heard of it? Me either before today when the Nature video notice popped up in my e-mail. But, neither had some of the men in the video interview. It really is fascinating, and there are two parts. If you’re like me, you prefer to read, not watch, but watching does bring you up to speed a little faster than reading 2000 years of the history of science.



However, what I want to mention is the lack of women in this story, either ancient or post modern. You do see two women applauding one exhibit, but they could be wives or secretaries, or guests. No women are included in the story.

Not for a minute do I think women have been excluded the last 30 years--although possibly the years before. Nor will I say there aren't more women in the sciences than when I was young. Even so, more women than men were graduating from high school in my grandmother’s day, and that didn’t seem to give too many a career boost. Did we really need so much help if it comes naturally? In the last 30 years, there have been many workshops, special classes, special laws, special gendered regulations, speech codes, extra math anxiety classes for middle school girls (even when my 41 year old was in middle school), Title 9, and disinterested girls served at the expense of very interested boys. Yes, there are a few women who really take to math and science, who are willing to postpone all other gratification in order to get that A or that scholarship or that PhD, and then by-pass marriage and family so she can sit in a lab at 3 a.m. on Sunday morning, but most don’t care to.

You’ve heard the old adage, it’s not paranoia if they are really out to get you? Well, it’s not discrimination if you really can’t or won’t do the job. I had an epiphany when I was about 16 or 17. It was during Algebra II class--virtually everyone who was planning to go to college was in that class. After our freshman year we began to split into certain groups, and I knew I was in over my head. Some took home-ec, office practice and shop or ag, and some went the other way (don’t remember what it was called, but something about college). It wasn't rigid like European schools--in fact, we had little or no counseling as I recall. Someone signed your choice and you were in.

These days someone would jump to my rescue and say I had “math anxiety” and I would be assigned to a special group. I even called it that during most of my adult life. I’d make many excuses--and it was true, I surely was anxious as I saw the numbers and letters swimming and scooting around with little squiggles and making no sense whatsoever the way geometry had. Rather than sit there and watch my classmates all succeed where I would fail, I made a detour and transferred to a psychology class. I could have asked for help--we had great teachers; I suppose I could have even had tutoring, the fact remains I didn't. If it would have mattered to me, if I'd loved math, I would have. I might have been anxious, but I wasn’t stupid. I just couldn’t make any sense out of algebra and moved in another direction.

Back to the video. Did you notice the elderly man in the video, the master instrument maker of medieval instruments, the one who’s to build the replica? Wearing hearing aids. Notice his delight at the computer model. Is there a woman out there of any age who could or would do either one? Design the replica or the computer model? Even with math anxiety counseling and middle-school workshops? Asian women, you say? Well, yes, far more than the Euro-women. But I scan a lot of photos of boards, awards, and special honors--the number of women at the top in any field (other than the ones men choose not to enter) is discouraging after 40 years of special help.

Still, a book about it http://www.decodingtheheavens.com/ might be doable for book club selection.

Why I don't read Time Magazine

The last time I read Time was during the time we spent in Finland in 2006, and I was desperate to read something in English so I bought the international edition. Biggest waste of $5 ever. And this? It's pathetic.
    "His genome is global, his mind is innovative, his world is networked, and his spirit is democratic," gushes Time magazine's David Von Drehle in his "Person of the Year" profile of Mr. Obama. Time betrays its parochialism by almost invariably choosing the American president-elect for the honor every fourth or eighth year. But although the selection of Mr. Obama was predictable, Time's choice for a cover is instructive. The Che Guevara-esque, eyes-to-the-far-distance portrait by "street artist" Shepard Fairey is a throwback to the magazine's earliest days, when hero worship was considered an honest form of journalism." At WSJ op ed on presidential monuments.
His campaign funding indeed had a global genome, and all we know about his world is what he wrote in his own autobiography, including his place of birth. But his innovative mind? He not only has an annoying stutter as he grasps for adjusting the facts, but he's forgetful of faces, names and dates. He barely knew Governor Blagojevich, Bill Ayers was a total mystery, Rev. Wright was just a guy in front of the church, Grandma was conveniently never available for an interview, and Farrakhan who?

Monday, December 22, 2008

A trip to No Man's Land

There's a scanned issue of The Gospel Messenger Supplement for Kansas at Brethren Archives. The Gospel Messenger used to be published in Mt. Morris, Illinois, which was a growing community with many German Baptist Brethren (renamed Church of the Brethren about 100 years ago), with a college and printing press located there. The supplement is dated May 15, 1888, and is all about encouraging the Brethren to move to the wonderful state of Kansas.

It's my recollection that the railroads owned huge tracts of land in the west they needed to sell, and a number of their salesmen were drawn from the Brethren who talked their fellow church members into moving west. I suppose it was missionary zeal combined with financial gain. There's an interesting map in the issue which shows Kansas bordering with territories, one labeled simply no man's land, not the United States. After extolling the virtues of the state--it was dry (no saloons), McPherson College had just opened (Brethren college), good soil, large numbers of Brethren within a day's ride, etc. I noticed this little item:
    "Any Brethren buying round trip tickets to Higgins, Tex. can without much difficult secure teams and visit Brethren in No Man's Land."
The Brethren publishing firm was originally private and moved to Mt. Morris from Lanark. The original publisher, M.M. Eshelman, failed and the founders of the college took over, D.L. Miller and Joseph Amick. They merged Brethren at Work with Primitive Christian of Huntingdon, PA, which is why you see both towns on the masthead, and renamed it Gospel Messenger. Then this private business was turned over to the church in 1896, which moved it to Elgin, IL in 1899 [all this is according to Mt. Morris Past and Present, 2nd ed. p. 221]. The building was purchased by the Kable Brothers who had already purchased a failed printing company.

When the Brethren split three ways, conservative, moderate and progressive, the progressives took the name "The Brethren Church," and the conservatives "Old German Baptist Brethren," which left the middle and largest group with no name. I'm quite sure that I've seen a poem in an issue of either the 1888 or 1889 issue of Gospel Messenger titled "What shall we name the baby?" or something like that, but I haven't been able to track it down. I'm sure it refers to naming the larger of the three groups.

Kansas and Kansans, 1918, with article on the Brethren.

Got a G.I. in your life?

G.I. Jobs might be worth a look. An Ohio company got high marks as a military-friendly employer, it was announced November 8, 2007
    AEP Recognized as Military-Friendly Employer for Fifth Consecutive Year.

    COLUMBUS, Ohio, Nov. 8 /PRNewswire-FirstCall/ -- G.I. Jobs magazine is recognizing American Electric Power as one of the nation’s 50 most "military-friendly" employers for the fifth consecutive year. AEP is among only seven companies that have been named to the publication’s top-50 list each year since its inception in 2003.

    G.I. Jobs helps provide training and career opportunities for veterans and those in transition from military to civilian employment.

    This year’s honorees, including five electric utility companies in addition to AEP, were selected from a pool of approximately 2,500 corporations with annual revenues of at least $1 billion.
The December 2007 edition of G.I. Jobs, which features the list of military-friendly employers, can be accessed at http://www.gijobs.net and this press release at http://www.gijobs.net/press.cfm?id=27.

It's a small, small world

This week I reconnected with my first piano teacher, a 17 year old (in 1949) from Forreston, IL. My college roommate enclosed our piano recital program in her Christmas card. There were the names of all the kids I went to school with--Leatrice, Darrell, Rosalie, Paul, Colleen, Harlan, J.D., Paul, Carolyn, etc. I really don't remember Miss T., but she must have been one ambitious teenager--my sister says she was also the choir director at the Reformed Church. But within 5 minutes through the miracle of the internet and her unusual surname and married name, I'd tracked her down. She'd grown up in Minnesota, and her name appeared on a school list (with her married name) and her year of graduation from Forreston High School and Hope College. Then I found her on Facebook, with a "friend" who had her last name, and I looked him up. He was a politician born in 1955, so I figured he was her son. Then I found her on a genealogy website under her married name looking for her birth name family. That gave me her e-mail. Five minutes. And she wrote back. Scary isn't it?

Then Sunday I was sitting in the church lounge before the 8:15 service with a woman I'd never seen (we have 9 services, so that's not unusual in our church). We chatted a bit about the cold. She had come early because her husband was in the choir and I was there early because I come at 7 a.m. to pray with the pastor before the service. We began sharing a few stories--she said she'd grown up in northern Ohio, I said northern Illinois.

"Where?" she asked.
"Mt. Morris," said I.
"You're kidding--I used to live there."

Mt. Morris is pretty small (ca. 2800), and sometimes I meet people, particularly librarians who have heard of it because of the magazine agency, or someone's mother went to college there. Once I met a guy in Indianapolis who lost his wife to an affair with a guy from Mt. Morris, but lived there? That's never happened. She lived there in the 1960s after I was gone, but knew a number of my classmates through church and extension. Still exchanges Christmas cards with some friends there.

It's a small, small world. On the internet and in the Lutheran church lounge.

Sunday, December 21, 2008

Our government schools


Seen at Grammar Vandal.

Just one big happy company trading in favors

According to Bloomberg:
    "Goldman Sachs Group Inc., which got $10 billion and debt guarantees from the U.S. government in October, expects to pay $14 million in taxes worldwide for 2008 compared with $6 billion in 2007.

    The company’s effective income tax rate dropped to 1 percent from 34.1 percent, New York-based Goldman Sachs said today in a statement. The firm reported a $2.3 billion profit for the year after paying $10.9 billion in employee compensation and benefits."
Ho, Ho, Ho. Merry Christmas. So we taxpayers, many of whom are now applying for unemployment checks or standing in a line of 937 for 10 jobs waiting tables, passed the hat for Goldman Sachs Christmas bonuses, which I'm sure were part of "compensation and benefits." Were no guidelines written into this give away package? The $18 billion bonus fund was set aside in 2007. Why didn't they use their own money for the bailout?

Couldn't Congress see this coming? Their own stimulus package so they can pay the mortgage on the multi-million dollar home and the 3rd Mercedes lease. Normally, I don't worry myself about bonuses, perks and salaries--unless I've loaned the company money or own stock in it. And I think I'm now an owner and should have a say in this one. What do you think?

Henry Paulson, the architect of these bailouts, and currently king of the world, is a former employee of Goldman Sachs and a partner with Al Gore in the next great ponzi scheme, cap and trade, a multi-million dollar business called, Generation Investment Management (GIM).

Al Gore might have invented the internet and a new religion, but he's not smart like Hank in money matters. GIM is part of the major carbon-credit trading firms that currently exist: the U.S. Chicago Climate Exchange (CCX) and the Carbon Neutral Company (CNC) in Great Britain. The CCX, is a regulated exchange whose members are committed to cutting their emissions (all the big players are in it--Ted Turner, Kofi Annan, Gore's former chief of staff, Peter Knight, Canadian industrialist Maurice Strong). It is the only cap-and-trade system in North America for six greenhouse gases. Last September, Goldman Sachs bought 10% of CCX shares for $23 million. CCX owns half the ECX (European Climate Exchange), so Goldman Sachs has a stake there as well. See how neatly this works--and it is so bi-partisan, Republicans, Democrats, Americans, Canadians, Brits, Socialists and little 3rd world U.N. tyrants all working together, singing Kum-ba-ya around a non-polluting campfire.

Another former Goldman employee--18 years--is Obama's choice for a "sweeping overhaul" of the Commodity Futures Trading Commission, Gary Gensler. He probably had his cap set (no pun intended) on the SEC but has lost out the Mary Schapiro, head of FINRA, which was asleep at the switch in catching Bernie Madoff.

When Paulson was appointed in 2006 apparently two things on his side (to assure confirmation) was that 1) like most Goldman Sach CEOs he was "insanely wealthy", and 2) a committed environmentalist. Something for everyone.

For information on CCX, ECX, GIM, Hank and Al, see here, and here.

You also can't trust those Christmas carols

Some years ago I was told--probably during a sermon--that there weren't three wise men--there were three types of gifts to honor the new born king. So a 19th century minister came up with "We three kings of Orient are/ bearing gifts we traverse afar. . ." Then during Advent our senior pastor preached on the meaning of the carols, and I discovered the Bible doesn't say the angels sang. Nope. They said. Kind of takes the fun out of it, doesn't it? We think we're singing right along with the angels, and they weren't even humming! Also, the Bible doesn't say Mary travelled on a donkey either. Wow, that ruins a lot of Christmas cards and pagents, doesn't it?

Then this week I was listening to Father Mitch Pacwa, S.J. preach about St. Paul. It's apparently the 2000 anniversary of his birth--although they don't know exactly--and there was a special series on the sacraments. I listened to the one on baptism, and learned all sorts of things. Did you know Paul's letters in the New Testament are arranged by size? I didn't. The longest is first, so to look at what he said chronologically about baptism he cited 1 Cor 6:9-11, 12:12-13, Gal. 3:23-27, Romans 6:3, then Col. 2. Also he said St. Paul never spoke about Hell, never condemned anyone to go there, but Jesus spoke a lot about it. I guess I'd never thought about it before, and to think Paul gets all the bad press for being cranky. Along the way he mentioned that 8,000,000 Muslims in Africa convert to Christianity each year, and there's been a large increase among the Kurds. The sermon is about 48 minutes, and quite interesting, although I'm not sure why. He must have quite a following because he has his own web site and program on EWTN.

Given in the Cathedral of Saint Paul in Birmingham, AL on September 4, 2008. Part I: Baptism in Saint Paul's Writings

No bailout needed here for the abused client

Considering that SEC and FINRA moved not at all against Bernie Madoff despite their huge budgets and staff, despite tips he was running a ponzi scheme, I certainly stopped to ponder the justice of this rule violation for an architect:
    Rule 2.104 Code of Ethics for architects states:

    “Members shall not engage in conduct involving fraud or wanton disregard of the rights of others.”

    The Complainant and his wife retained Mr. Alexieff to design and prepare construction documents for an addition to their house. During the time that the project was being designed and constructed, Mr. Alexieff failed to renew his architectural license in the state where he practiced and where the project was located.

    The National Ethics Council ruled that Mr. Alexieff violated Rule 2.104 of the Code of Ethics by performing architectural services for the Complainant, including signing and sealing architectural drawings, without a valid architectural license. The Council concluded that the Complainant had a right to expect that the architect he retained was licensed and would maintain a current license throughout the duration of the project. The lapse in Mr. Alexieff’s architectural license was in wanton disregard of the Complainant’s rights because it created a high degree of risk that the Complainant would be adversely affected.

    The Council imposed the penalty of a three-year suspension of membership on Mr. Alexieff. AIArchitect This Week, Dec. 19
He doesn't renew his license and gets a 3 year suspension of membership. Bernie must have dotted all the i's and crossed his t's in order to fool both the outgoing Cox (SEC) and incoming Schapiro (FINRA to SEC). Reminds me of the Democrats here in Ohio dumping on former Gov. Taft for a golf game, then appointing a bunch of crooks under Strickland, like the "plumbers" and Dann.

Saturday, December 20, 2008

FINRA, Madoff, and Obama's SEC choice

"Mary Schapiro, Barack Obama's choice to lead the Securities and Exchange Commission, previously appointed one of Bernard Madoff's sons to a regulatory body that oversees US securities firms.

It has emerged that in 2001, Ms Schapiro, now the chief executive of the Financial Industry Regulatory Authority (FINRA), employed Mark Madoff to serve on the board of the National Adjudicatory Council - the division that reviews disciplinary decisions made by FINRA.

Last week, Mark and his brother, Andrew, were understood to have approached the authorities after their father apparently confessed to orchestrating a $US50 billion ($70.9 billion) securities fraud.

Bernard Madoff is under house arrest in his $US7 million Manhattan apartment and will be electronically tagged after he failed to secure further signatories to guarantee his $US10 million bail.

Both sons have emphatically denied any involvement in what could be the biggest fraud perpetrated by an individual.

However, the link with Mark may prove controversial for Ms Schapiro and the US president-elect, who has moved fast to replace Christopher Cox, the current head of the SEC.

The watchdog has already come under fire for failing to detect Mr Madoff's activities." Story link here, here, here, here and here.

In my opinion, her useless, ineffective term with FINRA who couldn't catch a thief if they stumbled over him unconscious, is a far more damning recommendation than her appointment of Madoff the Lesser. Makes no difference if she was in like flinn with Reagan and Bush and Clinton. She's much too tainted. FINRA and SEC both have to clean up the family tree and get rid of the incest.

Let's see. Obama's got a Secretary of State with huge financial obligations to the Saudis through her husband's library and foundation. He's got a Chief of Staff with fingerprints all over the Blagojevich appointment scandal. He's got a Secretary of Education that helped Bill Ayers with the Annenberg connection in the failing Chicago schools. Those three he knew about. This one probably caught him off guard. Gary Gensler who spent 18 years at Goldman Sachs, the ones who got a jump start on the bail outs in 2007, was under something in Treasury, he appointed to head Commodities Futures Trading Commission.

Sure is lots of hope and change coming our way folks.