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A quick observation on the 8-K Fun.

By: Moe Lane (Diary)  |  March 30th, 2010 at 03:00 PM  | 

RESIZE: AAA

Drawing on streiff’s excellent post: there has been at least one nice repercussion that has come from the entire sordid 8-K affair.  Thanks to it, you can pretty much filter out the ‘geniuses’ with no practical business experience; they’re the ones who have never seen an 8-K in their life, don’t know what one is for, don’t know when one needs to fill one out (or even why), and are especially startled to discover that there have to be fairly stringent penalties in place in order to convince corporations to fill out nitpicking paper-trail bureaucratic clap-trap without having to be nagged constantly for it.

You know.  Idiots.

Megan McArdle is not an idiot – and miracle of miracles! – neither is most of her comments section, for a change.  Gives you an idea of just how comprehensively Waxman – who has apparently never seen an 8-K in his life, doesn’t know what one is for, doesn’t know when one needs to fill one out (or even why), and is especially startled to discover that there have to be fairly stringent penalties in place in order to convince corporations to fill out nitpicking paper-trail bureaucratic clap-trap without being nagged constantly for it – mucked up this one.

Moe Lane

Crossposted to RedState.

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  • peg_c

    Read it when Instapundit first linked, and just read Streiff’s post. I am no business brain and I was gobsmacked at Nostrilitis’s cluelessness. Megan’s post is clear as a bell and these idiot Dems in Congress have become an overt embarassment to ALL of us. It is simply shocking how ignorant and (at this point) aggressively stupid they are. Nostrils in particular has never been about facts. He lives to grandstand and grandstands to live. He is beyond appalling.

    The abuse of the subpoena power is overwhelming. If Republicans ever want to investigate all Democrat abuses during these dark years, it will take a huge commission a lifetime to do it. There WILL be demands by cnservatives that it gets done but Herculean hardly describes it. As Jerry said to George (paraphrasing), Waxmen needs a whole team devoted just to him .

  • jackhammer

    but moes posts often remind me of a boss I had years ago. He used to make all sorts of not so clear allusions or statements, and expected that everyone knew exactly what he meant, and hardly anyone really did,.

    I find with Moe’s posts I often have to look up terms or allusion or the like….in this case it was 8-k, but it happens a lot….

    Am I dumb?

  • http://www.thehayride.com MacAoidh

    …with some of these CEO’s.

    The revelation today that Prudential is taking a $100 million haircut as well probably doesn’t help Waxman’s case much.

  • Woo_girl

    how completely clueless these knobs are.

  • aesthete

    on occasion. It works great when you’re in on whatever Moe’s blogging about, but from time to time, it does lead to some “huh?” moments for me.

  • http://moelane.com/ Moe Lane

    I actually do try to fight that urge. Sometimes. When I think of it.

  • Flagstaff

    Two financial talking heads on Fox News were shocked, SHOCKED, that Bank of America and Wells Fargo will not be paying income taxes this year because they merely WOULD HAVE NO INCOME. According to these two babes (well, maybe one babe and Greta), it was some kind of dastardly plot.

    Imagine that.

    Oh, and that financial genius, Juan Williams, also agrees with Waxie.

  • Section9

    Than for people like McArdle who knew what Obama’s national socialism would do to the country and yet went along with his Personality Cult and are now burnishing their credentials with constant critiques of ObamaCare. Movement Conservatives saw this coming in 2008.

    It’s as if they want their readers to understand that they were in on the con all the time, but they couldn’t bring themselves to vote for McCain becuase of That Woman.

    Jesus. I’d rather be reading Noonan.

  • http://moelane.com/ Moe Lane

    …I have personally forgiven Megan. She moved herself off of the list.

  • grandma

    I love it. When I don’t know something, I look it up in another window. That’s what my mama taught me …. when I asked her the meaning of a word, she’d say “ask Webster.” Even though my mom was very intelligent and well read, and could have just told me the meaning of the word(s), her words served me well all the way through my schooling. Well now, with Redstate, I am still learning and in school.

  • Jack_Savage

    And the last line in the chorus goes, “So it’s a little too late to do the right thing now.”

    It really is worth the download.

  • redneck_hippie

    the chorus of an old Eddie Arnold song rattling in and out of my consciousness since yesterday.

    “Make Obamacare Go Away,” and appropriately, Make the World Go Away is also a tear jerker.

    In part,
    Make Obamacare go away…
    And get it o-off my shoulders…

    Kind of the repeal anthem, I guess.

  • Jack_Savage

    And “Okie From Muskogee” and “The Fightin’ Side of Me” ring as true today as they did back then. Of course, we are talking about the exact same people both times.

  • redneck_hippie

    That’s my hope for November 2nd.

    Yeah, they ran through the briars and they ran through the brambles
    And they ran through the bushes where a rabbit couldn’t go.
    They ran so fast that the hounds couldn’t catch ‘em
    Down the Mississippi to the Gulf of Mexico.**

    We fired our cannon ’til the barrel melted down.
    So we grabbed an alligator and we fought another round.
    We filled his head with cannon balls, and powdered his behind
    And when we touched the powder off, the gator lost his mind.

  • Jack_Savage

    And with that I will end my part of the threadjack that I started….!

  • acat

    buried in “Scenes from an Italian Restaurant” ?

    Mew

    (thread-jack? this isn’t a thread-jack)

  • Doc Holliday

    Man I could start listing songs but then I would have to make it a diary.

  • Jack_Savage

    I saw Billy Joel on that tour…I didn’t catch the homage to Battle Of New Orleans, though.

  • Bill S

    and saw them perform it live. John McEuen jumped around the stage like a madman. Great show.

  • Richard Mullins

    Anyways, most songs get Re-recorded over time and some are hits twice over.

  • acat

    Listen closely to “Scenes from an Italian Restaurant” – the line is, iirc, “Put a dime in the box, play that song about New Orleans” …

    Mew