Democrat Math - Reduce Deficit $138 Billion over 10 Year for ONLY $940 Billion.... Budget 2010 Reconciliation Act, Health Care Bill, Student Aid Act (111 HR 4872)... Man arrested in mall assault case... CBO Update... Lawmakers assail Obama Appointed Regulators over failure to catch accounting maneuver at Lehman... A tax lien from the IRS does not happen overnight.... Bill targets tax-delinquent federal workers... Crooked Democrats receive financial return on their Earmarks... US Under Terrorist Attack From Within... Business’ given Green Light to terminate current employees and hire new ones to gain tax credits....
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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 'Misuse of Power'

Budget 2010 Reconciliation Act, Health Care Bill, Student Aid Act (111 HR 4872)

March 18th, 2010 · Congress, Democrats, Federal Spending, Government Control, Greed, Selling Out the US, Terrorism from Within, Terrorist Attack, Treason

  1. Reconciliation Act of 2010(FY2010 Budget)
  2. Affordable Health Choices Act of 2009  (111 S 1679) 10/17/2009
  3. America’s Affordable Health Choices Act of 2009 (111 HR 3200) 07/14/2009
  4. Student Aid and Fiscal Responsibility Act of 2009 (111 HR 3221) 07/15/2009

Document are available for download in PDF format.

Authenticated by the United States Government Printing Office

  • 2010-03-17 111 HR-4872-RH (Reported in House)
  • 2010-03-17 111 HR-4872-HRPT 111-443-1 (House Report)
  • 2010-03-17 111 HR-4872-HRPT 111-443-2 (House Report)
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    CBO Estimates: H.R. 4872, Reconciliation Act

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    Lawmakers assail Obama Appointed Regulators over failure to catch accounting maneuver at Lehman

    March 18th, 2010 · Accountability, Banking Industry, Congress, Deception, Federal Spending, Government Control, Greed, Money Lost, Non-Transparency, Obama Nominees, Tax Dollars, Taxes

    By Neil Irwin and Zachary A. Goldfarb Washington Post Staff Writer
    Thursday, March 18, 2010

    A week after the disclosure that Lehman Brothers used an unconventional accounting technique to make its balance sheet look stronger than it was in the months before its collapse, lawmakers Wednesday attacked the federal regulators who failed to detect and halt the practice.

    The head of the Securities and Exchange Commission accepted primary responsibility on behalf of her agency for shortcomings in its oversight of Lehman at a congressional hearing. And at a separate hearing, Federal Reserve Chairman Ben S. Bernanke faced tough questions on why Fed examiners monitoring Lehman in spring 2008 failed to catch the accounting tactics, which helped the bank hide $50 billion in liabilities from its quarterly reports.

    The scrutiny from lawmakers comes as both agencies try to fend off attacks in the debate over how to remake the nation’s system of financial regulation and shows how the Fed’s extraordinary efforts to shore up the economy have exposed it to wider criticism of its performance.

    The SEC oversaw Lehman Brothers and other investment banks under a voluntary regulatory program that the agency’s chairman, Mary Schapiro, said was “terribly flawed in design and execution.” Testifying before the House Appropriations Committee, she blamed the agency’s failure on “our enforcement and disclosure mentality,” which focused more on whether a firm was adhering to securities law than whether it was financially sound. She said the agency lacked the staff and skills to do the job.

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    Crooked Democrats receive financial return on their Earmarks

    March 18th, 2010 · Congress, Corruption, Deception, Democrats, Ethics, Federal Spending, Fraud Alert, Greed, Money Lost, Non-Transparency, Selling Out the US, Tax Dollars, Terrorism from Within

    Democrats retain advantage among big donors even as total fundraising edge slips

    By DAN EGGENWashington Post Staff Writer
    Thursday, March 18, 2010

    Democrats are having a number of serious problems on the fundraising front, from unhappiness among Wall Street financiers to a narrowing gap with Republicans since the 2008 elections.

    But Democrats can still cling to one thing: They remain the kings of collecting money from big donors.

    A little-noticed Federal Election Commission report released this month — and spotted by Washington Post congressional guru Paul Kane — shows that the three main Democratic committees raised more than twice as much from large donors as their Republican counterparts last year.

    The numbers add context to a debate in fundraising circles over whether wealthy donors might be giving less to the Democratic Party because of disputes over White House policies. A number of organizations, including The Post, have chronicled how Wall Street financiers and other patrons who backed Barack Obama in 2008 are either abandoning Democrats or, at the very least, giving less money than in the past.

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    US Under Terrorist Attack From Within

    March 17th, 2010 · Congress, Corruption, Deception, Democrats, Government Control, Greed, Non-Transparency, Selling Out the US, Terrorism from Within, Terrorist Attack

    House Democrats’ tactic for health-care bill is debated

    By Amy GoldsteinWashington Post Staff Writer
    Wednesday, March 17, 2010

    An obscure parliamentary maneuver favored by House Speaker Nancy Pelosi (D-Calif.) suddenly ignited Tuesday as the latest tinder in the year-long partisan strife over reshaping the nation’s health-care system, triggering debate over the strategy’s legitimacy and political wisdom.

    Republicans condemned Pelosi’s idea — in which House members would make a final decision on broad health-care changes without voting directly on the Senate version of the bill — as an abuse of the legislative process.

    House Minority Leader John A. Boehner (R-Ohio) called it “the ultimate in Washington power grabs.” Pelosi shot back: “I didn’t hear any of that ferocity when the Republicans used this, perhaps, hundreds of times.”

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    Obama threatens veto on intelligence activities bill that hold him accountable to congress.

    March 16th, 2010 · Accountability, Congress, Deception, Ethics, Non-Transparency, Obama's Scheme, Selling Out the US, Terrorism from Within

    By Walter Pincus Washington Post Staff Writer
    Tuesday, March 16, 2010

    The White House has renewed its threat to veto the fiscal 2010 intelligence authorization bill over a provision that would force the administration to widen the circle of lawmakers who are informed about covert operations and other sensitive activities.

    When the bill passed the House on Feb. 25, the chairman of the House Permanent Select Committee on Intelligence, Rep. Silvestre Reyes (D-Tex.), hailed it for improving “congressional oversight by strengthening certain disclosure requirements of intelligence activities to the House and Senate intelligence committees.” Lawmakers had spent the previous six months working out provisions that the White House still opposes.

    Under the House plan, which is similar to one passed by the Senate, the White House would have to inform all members of both intelligence committees of the “main features” of activities disclosed in detail to the Gang of Eight — the speaker and minority leader of the House, the majority and minority leaders of the Senate, and the chairmen and ranking minority members of the Senate and House intelligence committees.

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    More Reform, Same Corrupt Government – Dodd’s Financial Regulation

    March 16th, 2010 · Corruption, Deception, Democrats, Ethics, Federal Spending, Government Control, Non-Transparency, Selling Out the US, Senate, Terrorism from Within

    Concessions on financial reform bill yield few gains in Senate

    By Brady Dennis Washington Post Staff Writer
    Tuesday, March 16, 2010

    Sen. Christopher J. Dodd (D-Conn.), chairman of the Senate banking committee, introduced a revised bill on Monday to overhaul financial regulation that included compromises forged with Republicans in recent months but fell short of winning endorsement from conservatives, including members in his own party.

    Even though Dodd whittled the scope of his initial November bill to address concerns that the proposals could give government too heavy a hand in the financial markets, it remains unclear whether he can find the votes to shepherd the legislation through the Senate.

    “Our regulatory structure, constructed in a piecemeal fashion over many decades, remains hopelessly inadequate,” Dodd said at a news conference. “There hasn’t been financial reform on the scale that I’m proposing this afternoon since the 1930s. . . . It is certainly time to act.”

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    Curbing earmarks: Even with new restrictions, for-profits get paid. Dems mislead to save thier jobs.

    March 15th, 2010 · Congress, Corruption, Deception, Democrats, Ethics, Federal Spending, Greed, Money Lost, Non-Transparency, Tax Dollars, Terrorism from Within, Wisconsin

    By R. Jeffrey Smith Washington Post Staff Writer
    Monday, March 15, 2010

    Twice in recent years, House Appropriations Committee Chairman David R. Obey (D-Wis.) helped obtain earmarks totaling $3.2 million for a home-state university to study how to make military jet fuel from plants. Standing behind that nonprofit work, however, is a for-profit Chicago firm that often partners with universities to reap part of their earmark benefits.

    Similar collaborations between private companies and nonprofits will pose tricky questions under a policy intended to end earmarks to profit-making firms, which Obey helped shepherd through the House Democratic caucus last week. That new rule was widely touted as a crackdown, but in reality it could leave untouched almost 90 percent of typical earmarks.

    The reason is that, like Obey’s earmarks, most of the billions of dollars in earmarks approved by Congress each year involve handing out funds to state or local agencies or to nonprofit institutions, which then dole out part of the money to private contractors.

    As a result, the new Democratic rule, and a proposal by House Republicans to stop all earmarks for one year, are unlikely to significantly curb Washington’s booming earmark industry, experts said. Steve Ellis of Taxpayers for Common Sense, a nonprofit that has criticized earmarking, called the new limits important but compared them to “squeezing a balloon.” Without more comprehensive restraints, he said, the money flow could simply move to new pathways.

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    Obama, Biden and Senate Dems more concerned with fair CRACK & COCAINE penalties than Economy.

    March 13th, 2010 · Corruption, Deception, Democrats, Ethics, Government Control, National Security, Non-Transparency, Selling Out the US, Senate, Terrorism from Within, Treason

    Senate bill would reduce sentencing disparities in crack, powder cocaine cases

    By Carrie Johnson Washington Post Staff Writer
    Saturday, March 13, 2010

    A long-standing dispute over huge disparities in sentencing between crack vs. powdered cocaine appears to be headed for a resolution in Congress.

    Senate lawmakers reached across the aisle and brokered a landmark deal this week to reduce criminal penalties for defendants caught with crack cocaine, hashing out the terms in, of all places, a congressional gym.

    Opportunity struck when Sen. Majority Whip Richard J. Durbin (D-Ill.) encountered colleagues Jeff Sessions (R-Ala.) and Orrin G. Hatch (R-Utah) in the Senate gym early Thursday, before they had started their workouts. Durbin seized the moment to advance the legislation and sent his aides an e-mail at 7:35 a.m., outlining the terms of his offer. The deal was sealed with a handshake two hours later at a committee meeting in the Dirksen Senate Office Building.

    The often-divided Senate Judiciary Committee unanimously passed the measure 19 to 0 the same day, addressing for the first time in two decades a sentencing disparity that has troubled civil rights organizations, prisoners rights advocates and officials in the Obama White House.

    The compromise would reduce the sentencing disparity to 18 to 1 for people caught with crack cocaine vs. those who carry the drug in powdered form. The current ratio has rested since 1986 at 100 to 1, disproportionately hurting African Americans, who are convicted of crack possession at far greater numbers.

    The Senate bill would increase the amount of crack cocaine required to trigger a five-year mandatory minimum sentence for possession with an intent to distribute from 5 grams to 28 grams. Possessing cocaine in rock form would no longer carry a mandatory minimum prison term, equalizing that penalty to that of other drugs and marking the first time that Congress has overturned a mandatory minimum.

    The House Judiciary Committee passed a cocaine sentencing reform bill in July. That bill would treat all forms of cocaine the same for sentencing purposes, lowering the ratio to 1 to 1.

    Durbin and Senate Judiciary Chairman Patrick J. Leahy (D-Vt.) continue to argue that equalizing the penalties would be the fairest approach, but gaining Republican and law enforcement support proved difficult.

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    Democrats plan to hold Student Aid bill Hostage to pass Health Care Reform

    March 13th, 2010 · Congress, Corruption, Deception, Democrats, Ethics, Government Control, Greed, Healthcare Industry, Insurance Industry, Non-Transparency, Obama's Scheme, Selling Out the US, Tax Dollars, Taxes, Terrorism from Within

    Democrats move toward grouping health reform with student-aid bill

    By Shailagh Murray and Lori Montgomery Washington Post Staff Writer
    Friday, March 12, 2010

    Democratic leaders said Thursday that they were increasingly inclined to release a final health-care bill that could accomplish two of President Obama’s top domestic priorities: guaranteeing coverage to 30 million uninsured Americans and vastly expanding federal aid for college students.

    Both proposals, stuck in Congress for nearly a year, are gaining new momentum as Democrats contemplate facing voters in November without having delivered on any of Obama’s major policy objectives.

    Key Senate Democrats initially balked at combining the health-reform bill with a measure that overhauls the nation’s student-loan program, but on Thursday they had warmed to the idea.

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    Obama’s ambitious export plan may rekindle free-trade battle

    March 13th, 2010 · Deception, Ethics, Government Control, Obama's Scheme, Selling Out the US

    By Howard Schneider Washington Post Foreign Service
    Friday, March 12, 2010

    President Obama unveiled plans Thursday to double U.S. exports over the next five years in hopes of spurring job growth, an ambitious goal that may rekindle the battle over free-trade policy.

    The president acknowledged the formidable barriers to his goal: doubts in Congress over new free-trade agreements, misaligned currencies that make Chinese products cheaper on global markets, and continued weakness in global demand, all problems that could dwarf efforts to promote U.S. products and services abroad.

    But, Obama said in a speech, “in a time when millions of Americans are out of work, boosting our exports is a short-term imperative.”

    “We are at a moment where it is absolutely necessary for us to get beyond those old debates. . . . Those who once would oppose any trade agreement now understand that there are new markets and new sectors out there that we need to break into if we want our workers to get ahead,” he said.

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