Newsom Focuses on Guns Not Water

Townhall.com ^ | November 8, 2015 | Bruce Bialosky

[Impy]

Aye, let’s not. Newsome is a disgusting little worm boy and the election is a while off. Sickening that he passes for a right-winger in San Fran (and Moonbeam himself is downright reasonable compared to the majority of CA rats now), as I recall he ran for Mayor against a Green who campaigned on a platform of preserving the right of the homeless to go #2 wherever they want.

I’m not optimistic about the Senate race. Stupid top-two primary election system could see 2 dems advancing to November. Harris (gosh, what is it with these light-skinned Black dems) and Loretta Sanchez are the main (and only viable) rats. Harris scared most out I guess, I expected a free for all.

State Assemblyman Rocky Chavez (probably a RINO, whatareyougonnado) seems to be the strongest Republican, hopefully the others don’t take so many votes from him that he fails to make the general election, a choice between Harris and Sanchez is like one betwixt Cancer and AIDS.

[lentulusgracchus]

This used to be a Republican state. Somebody blew it.

Somebody invaded it. Now it belongs to them, and they put up a monument that says, "It was better before THEY came." THEY meaning you, white boy.

Get rid of you, and everything will be perfect. You're complaining about the wrong things.

</off massive sarc>

[lentulusgracchus]

Newsom is a real scumbag.

I remember his scintillating performance a few years ago, when First Executive went broke and Newsom used his position as state insurance commissioner to step in and seize FE's portfolio of high-yield bonds they'd bought (improperly, of course) from the corrupt mega-crook, Michael Milken.

Newsom declared publicly to braying bugles that his intention was to preserve the equity of in-state persons and entities in the FE portfolio. (Which left out-of-staters, whose money had been good enough to take at sale, out in the cold.)

Then Newsom turned around and sold the portfolio cheap to a former Milken executive, Leon Black, and his Apollo Group, announcing that he had made sure that the value covered FE's obligations to California retirees. (The sale price was about a third of what the underlying taxable muni bonds were worth.)

I owned some securities in that bunch, but (full disclosure) didn't lose money because I'd bought them at a deep discount after FE filed for reorganization. Somebody took a hell of a haircut, which Newsom would have made worse with his incompetent posturing (I'm assuming Black wasn't giving him payola to do what he did) had they not dumped their bonds, which they'd bought at or near par.