http://www.washingtonpost.com/wp-dyn/content/article/2007/01/12/AR2007011201966.html

It appears Pelosi is now trying to add samoa under the min. wage bill.

1/14/2007 8:18:55 PM

well that was short lived.

1/14/2007 8:51:42 PM

Patrick McHenry has done more for American Samoa than he has for his district.

Quote :

"Samoas are my favorite girl scout cookie."

Well, we can sure as hell agree on that.

1/15/2007 12:54:43 AM

yeah, I sure am glad JE served this state so well!!!!!!

1/15/2007 1:02:51 AM

Kris, why should the American Somoa get a different wage set with different legislation?

For almost any reason you come up with my response is going to be
a)Then it should be different for different industries, owing to the monopsony going on that you think.
b)Then it should be different for different states, owing to the differences in economies.

1/15/2007 8:23:23 AM

Quote :

"yeah, I sure am glad JE served this state so well!!!!!!"

way to stay on topic.

1/15/2007 9:47:04 AM

UPDATE: Rush Limbaugh (take it or leave it) reported last week that Pelosi's husband owns $17m in Starkist stock...



trying to find a source.

1/15/2007 1:38:53 PM

To add to all of this.


75% of DelMonte is owned by shareholders of the HJ Heinz company...

http://www.newsmax.com/archives/ic/2007/1/12/164112.shtml?s=lh

1/15/2007 1:43:23 PM

you have two sources. Rush and newsmax. Was either of those even worst posting about?

1/15/2007 9:07:52 PM

I know that I'm probably wrong on this one but isn't this why we now have a line-item veto?

1/16/2007 5:57:32 PM

i still think its unconstitutional. bush has been using signing statements instead. no one can prove they are unconstitutional though, because interpertation of law has usually been an executive privildge.

1/16/2007 9:02:56 PM

^^^^ what does that mean? people that buy Heinz stock buy Del Monte stock? i'm going to guess that large investors tend to diversify and own lots of stocks... i'll guess 75% of them also own ExxonMobil stock or Google stock... so.what.
... and the conservative bias of newsmax.com is amazing and obvious enough from it's ads and all that you should've known better than to source that website. for shame!

a quick google on the "2002 deal" that led to this 75% link between the two companies gives this:

Quote :

" Shares of Del Monte Foods (DLM ), now at 9, are apt to fall when the fruit-and-vegetable canner completes its purchase of H.J. Heinz' pet-food, private-label soup, baby-food, and Star-Kist tuna businesses. Del Monte will issue 160 million new shares to pay for them. Analysts have cooled on Del Monte, in anticipation of selling by Heinz shareholders who will get the new shares."

http://www.businessweek.com/magazine/content/02_51/b3813133.htm

so... Del Monte traded most of it's shares to Heinz shareholders in exchange for some of Heinz's brands - StarKist, PupPeroni, some soup, some baby-food. ....

^^ you are wrong on that - the president can't have a line-item veto because that would essentially give him legislative power. I COULD BE WRONG ON THIS, but i think that came up in Clinton's time, when he wanted a way to skirt the republican congress, and he failed in it.

[Edited on January 17, 2007 at 2:30 PM. Reason : ^^^^]

1/17/2007 2:16:34 PM

Actually, it was an idea floated by the then Republican Congress as part of its Contract with America and backed by Clinton as a way to reduce pork barrel spending. A good number of states gave such powers to its governors, but in the end SCOTUS viewed it as a violation of seperation of powers at the Federal level.

1/17/2007 2:53:46 PM