Thursday, July 08, 2010
This sort of sneaky shit would cost the Democrats a lot of votes in the fall, if the non-Fox media were willing to cover it. Which it is not, apparently.
The economy cannot grow if we constantly burden business with new requirements that do not actually have anything to do with, er, business.
CWCID: Glenn Reynolds.
It's apparently part of the left-wing agenda in both the U.S. and Western Europe.
From Germany's Spiegel Online today: "Many European countries are now looking to emulate Norway's quota for female board members, introduced first in 2004."
Is there an official list of "minorities"?
One problem with this garbage is that it leads to each person being officially labelled at birth as a member of some group, which leads to the laws found in some countries that ban religious conversion.
I've always been disappointed with my life - I can't help but imagine the things I could have achieved if I only possessed a handy-dandy trusty vagina. Sorry - Vagina.
Most of these issues I shrug my shoulders at, but quotas absolutely shit me to tears. If my girlfriend were promoted based on some absurd need for females at the top of the ladder, both her & I would be disgusted.
Which reminds me, I was in a book store a few weeks ago and saw a book entitled 'Achievements of American Women' (or something similar), with a picture of Michelle Obama prominently featured. WTFuck?
Yes, there are specific lists of minorities, quite detailed lists.
The lists vary, sometimes even within the same state. One of the interesting things I learned from the debate over Washington's I-200, which banned discrimination, was that Japanese-Americans were minorities in contracting but not in school admissions.
Incidentally, though our journalists didn't stress this point, the biggest beneficiaries of contracting set-asides were white women, most of them wealthy white women married to wealthy white men.
(I assume some of the same games are still going on in the state, even though they have been banned by the voters.)
1. Meh. This is not a big deal. You take federal money you have to accept the strings that come with it. Defense contractors have had to deal with this type of micromanagement from the Feds for decades. Ditto for universities and hospitals. This is mostly window dressing to appease democratic constituencies.
2. The banks made their own bed of roses when their business practices necessitated a bailout from the federal government to the tune of hundreds of billions of dollars. Now they get to lie in it. The banking industry is now a fully-regulated industry.
3. I am sympathetic to your recurring "regulatory overreach" argument, but regulatory overreach doesn't even make the top ten list of economic issues affecting the economy. Excessive, debt, deflation in real estate assets, government spending sucking capital out of the economy--these are things worth writing about.
This is small beer compared to what Obama & Co intend for their new federal Consumer Protection Bureau, which is part of Financial Reform. Look for de facto quotas in lending etc. to result.
A footnote to this. During our subprime debacle, sharks would game the FICO credit scores for mortgage pools. Two pools could have the same average FICO score -- but one would have a lot more Crack Addict Borrowers balanced with High Score Thin Files. Sharks would actively solicit the latter with mortgage offerings. "Thin File" means you didn't have much actual credit history.
I guess forgot someone to tell Wall Street about the big bad submarine socialism.