Open Threads

Is Ken Lay really broke, as his wife asserted on national televison a month ago? This was an interesting read on asset protection. Mind you, I am not a lawyer or financial planner, so I can not delve into the veracity of the claims.

In February 2000, Mother Jones has learned, the Lays paid about $4 million — an amount greater than Lay’s entire salary from Enron that year — to buy variable annuities that will, starting in 2007, guarantee the couple an annual income of about $900,000. While stocks and most other ordinary investments are open to attack by creditors, life insurance policies and annuities are protected in many states. Variable annuities of the sort purchased by the Lays are basically tax-deferred investments wrapped in insurance policies.

Is Ken Lay really broke,Post + Comments

This take-down of George McGovern was so funny I had to make sure NO ONE misses it, even though the Instapundit has already linked it. Well done, Jay Caruso. My favorite line:

McGovern: Instead of adding $48 billion to the Pentagon budget, as the President has proposed, wouldn’t we make the world a more stable, secure place if we invested half of that sum in reducing poverty, ignorance, hunger and disease in the world?

Caruso: Well, if they did Senator, the first check for ignorance reduction would go to your address.

This take-down of George McGovernPost + Comments

Good news. I am a warblogger and a war profiteer! I didn’t know I was either. Lucky ME!

By the way. I prefer paypal, not the amazon thing, jackass.

Good news. I am aPost + Comments

In case you missed it the first time around, Band of Brothers is playing again. Right now, as a matter of fact.

In case you missed itPost + Comments

David Carr reports from the latest EU meeting.

David Carr reports from thePost + Comments

The Pulitzer Prize for drama was awarded to Suzan-Lori Parks for “Topdog/Underdog,” a play about the relationship of two brothers and their struggle with being African-American and male in the United States.

Yes, the trial of being male finally given the recognition it deserves. I doubt that is what the writer meant, though.

The Pulitzer Prize for dramaPost + Comments

Brian Williams just let out the Media Trap for Bush:

“Bush has his prestige on the line now that he is sending Powell to he Mid-East,” stated Williams.

There is the trick. Bitch for months that Bush is not involved enough, then when he is involved enough to your liking, declare that anything short of the optimum outcome is a Bush failure. Charming.

Brian Williams just let outPost + Comments