The New Normal?

Jesse Jackson Jr. is and has been negotiating a plea deal with fed prosecutors that will send him to jail, among other things. According to CBS Chicago (via Drudge):

The tentative deal includes:

–Jackson resigning for health reasons.

–His pleading guilty to charges involving misuse of campaign funds.

–The congressman’s repayment of any contributions that were converted to personal use, such as home furnishings, improper travel or gifts.

At least some jail time would appear to be inevitable for Jackson….

Yet the Chicago/Illinois machine kept this guy on the ballot. Of course, they didn’t lknow anything about all this. Now, according to CBS, there will be a “special election” to replace him. Oh, well, Illinois is rolling in dough these days. Who cares if they have to spend another wad to hold a new election to replace the one that should have never taken place in the first place.

Do you think that they really could keep this a secret from Obama? Because if they did, then he’s going to be pissed, and heads will roll. What do you think?

About nemo paradise

Nemo has been perversely fascinated by finance since emergence from college as an English major with little or no math. His opinions, analysis and observations are generally subjective, and employ vast amounts of quantitative analysis the same way that an elephant turns savannahs into useful energy, with impressive piles of dung as a by-product. Nemo has been professionally employed in the trading and analysis of and commentary on financial markets since 1972. Nemo makes no short-term predictions, except when seized by caprice. The future is inherently unknowable, but is subject to analysis. Very, very infrequently, this analysis uncovers situations where outcomes are not random over the longer term. And, as you can tell, Nemo is a smug son of a bitch who has learned from his mistakes to guard his projections very, very carefully, but has no hesitation in attacking like a starving wolverine the misconceptions, idiotic assumptions and howling fallacies that financial pundits offer with stunning frequency.


The New Normal? — 8 Comments

  1. If I thought you were at all serious about this:

    Do you think that they really could keep this a secret from Obama?

    Or this:

    …if they did, then he’s going to be pissed, and heads will roll.

    I’d be rather bemused – however…

    Nice try, maybe – but no troll-cigar for you, dude…

    You want to be a bit careful, though – sticking a somewhat-sharpened tongue into your cheek like that, you could do yourself an injury.

  2. The guy has been MIA from his office for months on end. Couldn’t anyone in the GOP or Romney camp find a way to get this story out months ago. Don’t they have their own investigators? It wasn’t a secret that there was something going on here.

    Oh yeah, they’re known as the Stupid Party. Never mind.

    • I initially thought Romney had assembled a tough team, based on the hardball tactics in the primaries. It appears that after getting the nomination, that team was dismissed, just as the Paulites and Tea Partiers were dismissed from the convention. Romney threw in his lot with political consultants who work both sides and the RINO party machinery. Yes, they’re the Stupid Party, but it was Romney’s decision not to keep a separate organization in place and let the party hacks take over. Can you imagine the Kennedys or Clintons doing that?

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