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When the people fear the government, there is tyranny; When the government fears the people, there is liberty.  ~ Thomas Jefferson

 

Entries Tagged as 'Greed'

Shutting Up Business: Democrats unleash the IRS and Justice on donors to their political opponents.

October 11th, 2010 · Accountability, Corruption, Deception, Democrats, Ethics, Selling Out the US, Terrorism from Within

If at first you don’t succeed, get some friends in high places to shut your opponents up. That’s the latest Washington power play, as Democrats and liberals attack the Chamber of Commerce and independent spending groups in an attempt to stop businesses from participating in politics.

Since the Supreme Court’s January decision in Citizens United v. FEC, Democrats in Congress have been trying to pass legislation to repeal the First Amendment for business, though not for unions. Having failed on that score, they’re now turning to legal and political threats. Funny how all of this outrage never surfaced when the likes of Peter Lewis of Progressive insurance and George Soros helped to make Democrats financially dominant in 2006 and 2008.

Chairman Max Baucus of the powerful Senate Finance Committee got the threats going last month when he asked Internal Revenue Service Commissioner Douglas Shulman to investigate if certain tax exempt 501(c) groups had violated the law by engaging in too much political campaign activity. Lest there be any confusion about his targets, the Montana Democrat flagged articles focused on GOP-leaning groups, including Americans for Job Security and American Crossroads.

Mr. Baucus was seconded last week by the ostensibly nonpartisan campaign reform groups Democracy 21 and the Campaign Legal Center, which asked the IRS to investigate whether Crossroads is spending too much money on campaigns. Those two outfits swallowed their referee whistle in the last two campaign cycles, but they’re all worked up now that Republicans might win more seats. Crossroads GPS, a 501(c)(4) affiliate of American Crossroads supported by Karl Rove, is a target because it has spent millions already in this election cycle.

Last Tuesday, the liberal blog ThinkProgress, run by the Center for American Progress Action Fund, reported that the U.S. Chamber of Commerce had collected some $300,000 in annual dues from foreign companies. Since the money went into the Chamber’s general fund, the allegation is that it could have been used to pay for political ads, which would violate a ban on foreign companies participating in American elections. The Chamber says it uses no foreign money for its political activities and goes to great lengths to raise separate funds for political purposes.

That didn’t stop President Obama from raising the issue in a Maryland speech last week, saying that “groups that receive foreign money are spending huge sums to influence American elections.” Within hours of the ThinkProgress report, the bully boys at MoveOn.org asked the Department of Justice to launch a criminal investigation of the Chamber. In a letter to the Federal Election Commission, Minnesota Senator Al Franken expressed his profound concern that “foreign corporations are indirectly spending significant sums to influence American elections through third-party groups.” From the man who stole his Senate election in a dubious recount, this is rich.

Even Mr. Franken admits in his letter that the Chamber’s commingling of funds in its general accounts is not “per se illegal,” but apparently he thinks it’s fine to unleash federal investigators because the Chamber cash might contribute to the defeat of fellow Democrats.

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Government had been warned for months about troubles in mortgage servicer industry

October 11th, 2010 · Banking Industry, Deception, Democrats, Economy, Ethics, Federal Spending, Government, Government Control, Housing Industry, Obama's Scheme, Real Estate, Selling Out the US, Tax Dollars, Taxes, Unemployment

By Zachary A. Goldfarb Washington Post Staff Writer
Sunday, October 10, 2010; 12:45 AM

Consumer advocates and lawyers warned federal officials in recent years that the U.S. foreclosure system was designed to seize people’s homes as fast as possible, often without regard to the rights of homeowners.

In recent days, amid reports that major lenders have used improper procedures and fraudulent paperwork to seize properties, some Obama administration officials have acknowledged they had been aware of flaws in how the mortgage industry pursues foreclosures.

But the officials said they could take only limited action to address the danger. In part, this was because they wanted lenders’ help carrying out federal programs to modify mortgages that had fallen into default or were poised to do so.

New concerns about improper practices – such as those involving faked documents or “robo-signers” who signed tens of thousands of documents without reviewing them – have prompted the mortgage servicing arms of the country’s largest banks to freeze millions of foreclosures. As momentum builds for a national moratorium, the administration has begun assessing the potential impact, examining the threat it could pose for the ailing housing market and the wider financial system.

There is no evidence so far that the specific abuses made public in the past few weeks were known to government officials. Nor is it clear whether they were aware that the process of the selling and reselling of mortgages among financial firms – which became extremely common and highly profitable during the housing boom – was raising legal questions about who actually owned the loans and had the right to foreclose if they went bad.

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Tax wrangling creates uncertainty about paychecks

October 8th, 2010 · Deception, Democrats, Economy, Greed, Taxes, Terrorism from Within, Treasury

By Peter Whoriskey Washington Post Staff Writer
Friday, October 8, 2010; 2:27 AM

With Congress in a muddle over tax rates for next year, uncertainty over how much to withhold from workers’ pay has begun to worry the nation’s payroll administrators.

Normally, the Treasury Department issues information on how much to take out of next years paychecks by mid-November, but this year the debate over how much to extend the Bush tax cuts seems unlikely to be resolved by that time, and could drag into December or beyond.

The longer it drags on, the more likely it will complicate the processing of millions of paychecks in January. It can take as long as five weeks for some companies to make the adjustments under the new tables, payroll administrators said.

“Withholding is so personal to people,” said Michael O’Toole, the American Payroll Association’s director of government relations and publications. “People are apprehensive about whether Congress will act on time for them to produce accurate payrolls at the beginning of the year.”

A Treasury representative declined to say how the Treasury would handle the situation, should it drag out.

“We have a lot of flexibility on the release of the withholding tables,” the representative said. “The president and [Treasury Secretary Timothy F.] Geithner are confident Congress will vote to approve middle-class tax relief before the end of the year.”

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ObamaCare’s Hotel California: The state moves to impose price controls you can never leave.

September 28th, 2010 · Deception, Democrats, Economy, Federal Spending, Government Control, Healthcare, Immigration, Non-Transparency, Selling Out the US, States, Tax Dollars, Unemployment

California, the novelist Wallace Stegner famously wrote, is like the rest of America, only more so—meaning that wherever the country is headed, the Golden State is probably there already. So the state’s ObamaCare advance planning deserves closer scrutiny, given that it mirrors the regulatory and ideological model that the White House favors for everyone else.

In a matter of days, California will set a precedent for the future of the U.S. individual and small-business insurance markets via ObamaCare’s “exchanges,” where people will purchase coverage at heavily subsidized rates. The exchanges don’t start up until 2014, but the states were given wide bureaucratic latitude in how they’re run, and Sacramento is using this flexibility to convert them into a pretext for imposing de facto price controls on the insurance industry.

Jerry Seib and Gerard Baker discuss the renewed furor over health care, including the war of worlds between House Minority Leader John Boehner and House Speaker Nancy Pelosi.

That may be what Democrats had in mind when they passed the bill, but it’s particularly unfortunate because in principle exchanges could be a useful reform. States could sponsor transparent, neutral clearinghouses that compare costs and benefits among plans, encouraging insurers to compete to offer the products that consumers find most valuable. An exchange could operate much like travel websites such as Expedia.com, and a good one along those lines started in Utah last year.

California looked further east for inspiration—to Massachusetts, which has the only other exchange in the country. Known as the connector, it’s the centerpiece of the ObamaCare beta test that Mitt Romney passed in 2006 and is now the power center of the state’s public utility-style insurance regulation. In the daisy chain of “expertise” that is the health policy world, California’s regulations were shaped by Jon Kingsdale, a devout White House ally who used to run the Massachusetts connector and is now a consultant.

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Obama urges Congressional Black Caucus to drum up grass-roots support

September 22nd, 2010 · Corruption, Deception, Democrats, Economy, Ethics, Federal Spending, Government Control, Greed, Obama's Scheme, Selling Out the US

Reference:

  • Maxine Waters, a 2nd Democrat from the Black Caucus, will go on trial for Ethics violations.
  • Despite 13 charges, Rep. Charles B. Rangel says he won’t resign:More Democrat Delusions
  • By Nia-Malika Henderson – Monday, September 20, 2010; 1:29 AM

    President Obama rallied a crowd of black lawmakers on Saturday night, telling them to “guard the change” his administration has begun and calling for a return to the kind of vigorous grass-roots organizing that drove the civil rights movement forward.

    In a speech to the Congressional Black Caucus, Obama warned that Republicans want to “turn back the clock” and said: “I need everybody here to go back to your neighborhoods, and your workplaces, to your churches, and barbershops and beauty shops. Tell them we have more work to do.”

    While many Democratic lawmakers facing election are keeping their distance from Obama, polls show that the president enjoys a 91 percent favorability rating among African-Americans, and the Democratic National Committee is eager to tap into that enthusiasm to stave off major losses in November.

    With the GOP hoping to regain power on Capitol Hill, Obama made a direct appeal to this crucial voting block.

    “It’s not going to be easy,” he told the black-tie crowd at the Walter E. Washington Convention Center. “I said back on the campaign that change would be hard. It wasn’t just a matter of me getting elected, and suddenly, our problems all go away. It was a matter of all of us getting involved, all of us staying committed, all of us sticking with our plan for a better future until it was complete. That’s how we’ve always moved forward in this country.”

    Ticking off his administration’s achievements, including the health care and financial regulatory overhauls, Obama linked his achievements to the long struggle for civil rights.

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    Conflict over NASA spaceflight program complicates funding

    September 20th, 2010 · Deception, Democrats, Ethics, Federal Spending, Government Control, Greed, NASA, Selling Out the US, Tax Dollars, Technology

    By Marc Kaufman and Dan Eggen Washington Post Staff Writers
    Sunday, September 19, 2010; 12:09 AM

    NASA’s human space program, long the agency’s biggest public and congressional asset, has become instead its biggest headache.

    As never before, NASA watchers say, an agency that generally is funded and directed through White House and congressional consensus has become the focus of a brutal, potentially crippling and politically topsy-turvy battle for control that is likely to come to a head next week.

    NASA politics have always defied labels. But now a series of unlikely alliances and negotiating positions have left Congress in an especially difficult bind, with the distinct possibility that the fiscal year will end this month without an approved 2011 budget. The result, congressional negotiators and observers say, would be layoffs and a very unpredictable agency future.

    Consider:

    A major front in the contest of wills has been funding for commercial rocket and spacecraft companies that can potentially provide inexpensive transport services to the international space station in the years ahead.

    President Obama proposed a big boost for that effort in February, initiated under President George W. Bush, but has gotten only tepid support from Democrats until recently and almost universal opposition from Republicans. The House bill awaiting action would give twice as much money to Russia for transporting astronauts and cargo to the space station as it would give to U.S. companies working to build that capacity.

    The Senate did pass a compromise authorization NASA bill before the August recess that provided far more funds for commercial spaceflight, although it still halved Obama’s request. The bill directed the agency to instead immediately build a new heavy-lift rocket that can take astronauts to deep space by early 2017.

    In doing so, it required the agency to design the project in a way that will benefit certain aggrieved companies and NASA centers – writing the kind of congressional technical blueprint that NASA administrators have long warned about. Nonetheless, the administration has thrown its support behind the bill.

    At the same time, NASA is still spending $200 million a month on the Constellation human space program initiated under Bush. A blue-ribbon panel convened by Obama and headed by former Lockheed Martin chairman Norman Augustine concluded last year that Constellation had been underfunded from the start and would not be completed in time to perform some of its intended missions. Obama’s intention to scrap part of the Constellation program, which has already cost taxpayers $10 billion, is what outraged many in Congress to begin with.

    A leader of the effort against the Obama plan has been Michael Griffin, the head of NASA under Bush. Griffin has been on the Hill regularly in past months arguing in favor of keeping the full Constellation program, and he has been especially influential in the House, where a Science and Technology subcommittee passed a bill before recess restoring funds to Constellation.

    House panel vote delayed

    A full House committee vote on the bill was put off at the last minute because, congressional sources say, it would have faced sure death in the Senate. Sens. Kay Bailey Hutchison (R-Tex.) and Bill Nelson (D-Fla.) had cobbled together a complex compromise bill that passed by unanimous consent – a procedural move that allows any single senator to kill the bill later if it incorporates significant House changes.

    If Congress does not pass a new NASA budget by Sept. 30, congressional staffers say, contractors will begin laying off workers. In addition, the agency could lose out on some of the $3 billion budget increase over three years proposed by the administration.

    NASA politics have become both more personal and more focused on where jobs will be won or lost this year. The head of the House authorization subcommittee that supported Constellation is Rep. Gabrielle Giffords (D-Ariz.), who is married to an astronaut. Astronauts are deeply divided on the Constellation-vs.-private-space debate, but the headlines went to Apollo pioneers such as Neil Armstrong, who strongly opposed Obama’s plans.

    Meanwhile, budget hawks such as Sen. Richard C. Shelby (R-Ala.) went on the warpath against Obama’s limited privatizing proposals, in part, at least, to keep NASA government jobs at NASA facilities in their states. And Sen. Barbara A. Mikulski (D-Md.) , a liberal on most issues, held a fundraiser in Alabama last year, reportedly organized with the help of Shelby, as the Constellation battle was first brewing.

    Opponents of the Obama plan have sought to make Elon Musk, founder of the start-up rocket company Space-X, into the villain of the piece. When Griffin was NASA administrator, Musk competed for and won a contract to provide cargo to the international space station, and his company successfully launched a Falcon 9 rocket in June.

    Musk’s political donations – about $150,000 since 2003 – to Obama and other Democrats have become an issue, but campaign records show they are matched by contributions to Republicans. They are also dwarfed by campaign donations from large aerospace companies such as Lockheed and ATK that could lose under the Obama plan.

    ‘Propaganda war’

    “It’s been quite a propaganda war,” said Musk, who complained that Shelby refused to even meet with him. “You know there is something strange going on when Republicans, who ostensibly should be pro-privatization, are arguing as though they are from the Soviet Politburo. There’s something wrong with that picture.”

    Scott Pace, a Bush-era NASA official who now serves as director of George Washington University’s Space Policy Institute, said the fault lies elsewhere.

    “On both political and substantive grounds, the administration has handled the NASA human spaceflight side badly,” he said.

    “It’s perfectly reasonable for these companies to come out and say why they think they’re going to succeed,” he said. “But that doesn’t mean the government should take that at face value.”

    Given the attacks on Musk and his company, the Senate compromise funding commercial space efforts passed only after Boeing gave congressional staffers a detailed presentation about its own space plans, participants in the negotiations said. The company announced an agreement last week to develop commercial space taxis for the space station.

    Unlike conventional NASA contracts – which are “cost plus,” meaning they can and do grow substantially in cost – the commercial contracts do not have the “cost plus” provisions and so are expected to be considerably cheaper.

    Meanwhile, the current House version of the NASA budget bill calls for spending more than $900 million in the next three years to buy transport to the space station on Russian Soyuz spacecraft after the space shuttle is grounded next year. The bill would spend half of that for commercial spaceflight.

    A group of Nobel laureates, former NASA officials and astronauts wrote a recent public letter to Rep. Bart Gordon (D-Tenn.), chairman of the NASA authorizing committee in the House, saying, “NASA should invest far more in America’s launch industry than it invests in Russia’s launch industry, but the current House Science Committee authorization bill fails this test.”

    In an effort to restore a NASA consensus and fund future human space travel, negotiators from the House and Senate have been meeting frequently in recent weeks. Participants say, however, that the sides are dug in and that stalemate is a real possibility.

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    Clinton’s history of controversial statements on Mideast

    September 20th, 2010 · Deception, Democrats, Government Control, Non-Transparency, Obama Nominees, Obama's Scheme, Selling Out the US, Treason

    By Glenn Kessler Washington Post Staff Writer
    Friday, September 17, 2010; 2:13 AM

    AMMAN, JORDAN – As Hillary Rodham Clinton took her first stab at substantive Middle East diplomacy over the past few days, she drew on her record of controversial statements about Israel and the Palestinians – and depicted it as an asset.

    It is a tricky balancing act that attests to the secretary of state’s talent as a politician, as well as her predilection for getting into hot water with bold, sometimes ill-timed pronouncements.

    Clinton has long taken apparently contradictory positions on the Middle East. As first lady, she hugged Palestinian leader Yasser Arafat’s wife. As a senator from New York she staunchly defended Israel. And as President Obama’s chief diplomat, she has publicly upbraided – and also bolstered – Israeli Prime Minister Binyamin Netanyahu.

    Her diplomacy this week, which ended Thursday with a quick stop in Jordan to have lunch with King Abdullah II, was mostly behind closed doors. The results, if any, remain unclear. But there are enough past public statements from Clinton that both Israelis and Palestinians can claim her as a potential supporter.

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    OneUnited Bank received special treatment beyond what was disclosed

    September 20th, 2010 · Corruption, Democrats, Economy, Ethics, Federal Spending, Greed, Tax Dollars

    Reference:

    By R. Jeffrey Smith Washington Post Staff Writer
    Friday, September 17, 2010; 2:25 AM

    From the moment Boston-based OneUnited Bank began seeking a federal bailout in the summer of 2008, it received special treatment that went beyond what the Treasury Department or the bank and its political supporters have previously disclosed.

    Congress adjusted the law and regulators broke with customary practices, despite an explicit internal warning that the bank was in financial trouble. Among other exceptions, the bank was allowed to count as part of its capital $12 million in federal bailout money – before the aid arrived.

    OneUnited was the only bank to receive all of these considerations among the 707 recipients of money from the Troubled Assets Relief Program, according to documents and interviews.

    A close look at how OneUnited – which is now at the center of an ethics investigation involving Rep. Maxine Waters (D-Calif.) – won bailout money shows how the Treasury Department, federal regulators and another influential lawmaker helped it despite its record of bad investments and extravagant spending.

    A few internal warnings sounded by regulatory analysts now seem prescient, because OneUnited is one of only a handful of banks that have failed to make six promised TARP dividend payments to the government, in this case totaling $904,000. Its chairman, Kevin L. Cohee, said in an interview that this decision was “consistent with safe and sound banking practices” and that its TARP contract permitted withholding all dividends.

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    U.S. effort to help Afghanistan fight corruption has complicated ties

    September 10th, 2010 · Corruption, Deception, Democrats, Economy, Federal Spending, Foreign Policy, Government Control, Greed, Non-Transparency, Obama's Scheme, Selling Out the US, Tax Dollars, Treason

    By Greg Miller Washington Post Staff Writer
    Friday, September 10, 2010; 1:04 AM

    In the span of several months, U.S.-backed investigative teams have assembled alarming evidence of rampant corruption in Afghanistan and the extent to which it reaches the highest ranks of that nation’s government.

    But the American effort to increase Afghanistan’s capacity to combat corruption has also had unintended consequences, aggravating the U.S. relationship with Afghan President Hamid Karzai and producing embarrassing revelations that have undermined attempts to build popular trust in the government in Kabul – a key component of the Obama administration’s counterinsurgency campaign.

    After pouring more resources into the anti-corruption effort over the past 18 months – including teams of advisers and sophisticated wiretapping technology – administration officials said there is growing concern that rooting out graft is paradoxically reinforcing perceptions that the problem is endemic.

    “Our big push to help build Afghan institutions for transparency and anti-corruption has had the dismaying effect of bringing a lot of stuff to light that has sparked political crises,” said a senior administration official. “Afghan institutions are growing more capable” of fighting corruption, the official said. But their work has the potential to “set us back.”

    The quandary in many ways reflects the extent to which the U.S. government has operated at cross-purposes in Afghanistan, doling out vast sums of money to win over warlords and buy security for military convoys, then cracking down on abuse in a system awash in American cash.

    After nearly nine years of nation-building in Afghanistan, experts said, the U.S. government faces mounting evidence that it has helped to assemble one of the most corrupt governments in the world.

    “I don’t know how you can disaggregate the way in which [the U.S. government] has funneled money into Afghanistan from the crisis of corruption that presents itself today,” said C. Christine Fair, an assistant professor at Georgetown University’s School of Foreign Service who has monitored the U.S. role in Afghanistan. “We are a government at odds with ourselves.”

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    Obama at it again: Spend more money before Dems no longer control Congress

    September 8th, 2010 · Change of Power, Deception, Democrats, Economy, Ethics, Federal Spending, Greed, Money Lost, Non-Transparency, Obama's Scheme, Selling Out the US, Stimulus, Tax Dollars, Taxes, Terrorism from Within

    Obama to unveil more stimulus, tax breaks for business

    By Lori Montgomery Washington Post Staff Writer
    Wednesday, September 8, 2010; 3:04 AM

    President Obama will argue personally Wednesday against extending the Bush-era income tax cuts for the nation’s wealthiest families even for a year or two, White House officials said Tuesday – a message aimed at wavering Democrats who have been swayed by arguments that the economy is too weak to raise anyone’s taxes.

    In a speech scheduled for delivery Wednesday afternoon in Cleveland, Obama will restate his long-held position that the nation cannot afford to extend tax cuts for the wealthiest 2 percent of families, White House officials said.

    The officials added that Obama would not threaten to veto any compromise which extends the upper-bracket cuts, a position that has gained ground in recent weeks among moderates in both the House and Senate. But congressional sources said they were told to expect the president to try to stiffen Democratic spines in expectation of a showdown over income tax rates before the November midterm elections.

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