Tag: TMC Politics

Cross Posted from The Stars Hollow Gazette

Leave it to the District Attorney of Manhattan to do what the Obama DOJ failed to do, investigate properly the fraud that led to the economic crisis.

Goldman Receives Subpoena Over Financial Crisis

By Andrew Ross Sorkin and Susanne Craig

Goldman Sachs has received a subpoena from the office of the Manhattan district attorney, which is investigating the investment bank’s role in the financial crisis, according to people with knowledge of the matter.

The inquiry stems from a 650-page Senate report from the Permanent Subcommittee on Investigations that indicated Goldman had misled clients and Congress about its practices related to mortgage-linked securities.

Senator Carl Levin, Democrat of Michigan, who headed up the Congressional inquiry, had sent his findings to the Justice Department to figure out whether executives broke the law. The agency said it was reviewing the report.

The subpoena come two weeks after lawyers for Goldman Sachs met with the attorney general of New York’s office for an “exploratory” meeting about the Senate report, the people said.

From Talking Points Memo:

Manhattan DA Subpoenas Goldman Sachs Over Financial Crisis

The subpoena is apparently based on information contained in a Senate Permanent Subcommittee on Investigations report on Wall Street’s role in the housing market collapse. The report was critical of Goldman Sachs, and accused the bank of misleading buyers of mortgage-linked investments.

Cross posted from The Stars Hollow Gazette

The (un)Patriot Act was passed, unamended, without debate, and signed by President Obama, who was still in Europe, with a robotic pen before it could expire. Sen. Ron Wyden (D-OR), who along with several other liberal senators, had proposed an amendment that put an end to the government secret interpretation of the law, cut a deal with Senate Majority Leader Harry Read (?-NV) and Sen. Diane Feinstein (?-CA) to withdraw the amendment. Reid promised to hold hearings on secret law, and, if his concerns were not met, propose his amendment at a later date.

I long ago gave up any hope of change from the current regime. It’s obvious that they have shed their skins and revealed themselves to be no better than the Bush/Cheny criminal regime that they are covering.

George Washington University law professor, Jeffrey Rosen, joins Cenk Uygur to discuss the (un)Patriot Act, its unconstitutionality, the duplicity of Harry Reid and how American’s really do not understand what is in this bill.

Say good-by to the First, Fourth and Fifth Amendment, as well as, Article III courts.

Cross posted from The Stars Hollow Gazette

Is this what our brave men and women fought and died for, a police state?  Bush had people arrested at his rallies for tee shirts and bumper stickers, now people are being arrested for dancing which the courts are ruling is a form of “protest”. What would Jefferson have thought about this and the way the Park Police behaved?

Cross posted from The Stars Hollow Gazette

The Republicans in the House have been so busy with the really important issue of finding new ways to restrict a woman’s right to choose that creating jobs were left to wait until now.

On day 141 since the GOP took control of the House Republicans finally released their jobs plan. It was a minor distraction from their laser-like focus on your uterus. Racel Maddow takes a look at waht they’re trying to do in the House and states like Louisiana, Georgia and Florida.

Cross posted from The Stars Hollow Gazette

Back in October, I wrote this article, Separation of Powers Game of Chicken, which discussed the use of pro forma sessions to block the president from making recess appointments. The reason I’m resurrecting this discussion is that Senate Majority Leader Harry Reid has scheduled these pro forma sessions over the holiday weekend to prevent President Obama from appointing Elizabeth Warren as head of the Consumer Financial Protection Board over the objections of Republicans. As with the blocking of Richard Diamond, an eminently qualified Nobel economist, to the Board of Directors of the Federal Reserve, it is Sen. Richard “no” Shelby (R-AL) who has said he will put a hold on Dr. Warren’s appointment if the president nominates her.

Republicans used the threat of a procedural blockade to make sure President Barack Obama wouldn’t be able to make recess appointments while the U.S. Senate is on a break next week, including naming Elizabeth Warren to head the Consumer Financial Protection Bureau.

Instead of allowing all senators and their staffs to leave Washington, Majority Leader Harry Reid scheduled “pro forma” sessions, in which the chamber officially opens for the day, then gavels to a close right away. That can be handled by two lawmakers and aides.

Any time the Senate breaks for four days or more, the president has the power to officially appoint a nominee for a limited period without having to wait for a confirmation vote.

snip

Reid, a Nevada Democrat, kept the Senate in pro forma sessions during the final months of Republican President George W. Bush’s administration to block him from appointing nominees that Democrats had refused to confirm.

If Reid hadn’t decided to quietly schedule pro forma sessions, another procedure could have publicly forced him to do so. The House is required to agree to Senate recesses, and concurs as a matter of routine.

Confused? Is Reid a Democrat? Or has he secretly gone over to the dark side? It is time for the president and the Democrats to put on their “man pants” and call out these faux sessions that are constitutionally not legal sessions. I will repeat the arguments of why these pro forma sessions are not constitutional and do not stop the president from making recess appoints.

Victor Williams, Assistant Professor at the Catholic University of America School of Law and an attorney, writing for the The National Law Journal makes the argument that the pro forma sessions every three days during recess are little more “than a game of separation-of-powers chicken”. There is nothing in the Constitution and Appellate courts have ruled that “there is no minimum recess time required for a valid recess appointment”.

But there is no minimum recess required under any law. The three-day minimum recess is fiction – as fake as are the Senate faux sessions. Better to begin with nonfiction – the Constitution.

In 2004, the U.S. Court of Appeals for the 11th Circuit ruled: “The Constitution, on its face, does not establish a minimum time that an authorized break in the Senate must last to give legal force to the President’s appointment power under the Recess Appointments Clause.” In Evans v. Stephens, the 11th Circuit, following prior 9th and 2d circuit rulings, broadly affirmed the executive’s unilateral recess commissioning authority during short intersession and intrasession breaks.

Even the Senate’s own Congressional Research Service reports: “The Constitu­tion does not specify the length of time that the Senate must be in recess before the President may make a recess appointment.” . . .

The president’s constitutional appointment authority cannot be trumped, or even limited, by Senate scheduling shenanigans. In fact and law, the 111th Senate is now dispersed to the four corners for six campaign weeks. Gaveling open, and then gaveling closed, a half-minute meeting of an empty chamber is not a legitimate break in the recess. A Senate quorum could not be gathered; neither legislative nor executive business could be conducted. Constitutional law demands substance over form.

The faux sessions only further expose the broken institution and its failed, dysfunctional confirmation processes.

At bottom, recess appointments are a matter of presidential will. In 1903, Theodore Roosevelt set the standard when he recess-appointed 160 officials during a recess of less than one day.

Mr. Williams points out that George W Bush’s failure to call this should not be Barack Obama’s.

Perhaps it is George W. Bush’s fault that the media erroneously reported that Obama’s recess appointment authority is lost. When majority leader Harry Reid first used the pro forma tactic against Bush over Thanksgiving, 2007, the 43rd president failed to push back.

Bush did not recess appoint for the remainder of his term despite calls for him to call Harry Reid’s bluff. A commissioning of even one noncontroversial nominee to a low level position would have asserted the executive’s prerogative. His failure to do so may be mistakenly interpreted as setting a precedent. It does not.

As I have noted on this site, Harry Reid appears to have gotten the better of George Bush; bluffing is a basic gambling skill for separation of powers and Texas Hold ’em.

This government is in need of a major shake up. It’s time that the President and the Democrats stood up for the people who put them in office. End the game, call the bluff.

Cross posted from The Stars Hollow Gazette

Because we aren’t going to let you get out from under it….

Thus spoke Anthony Weiner on on May 24th, laying out the Republican plan to replace Medicare with an inadequate voucher program:

Today, House Republicans brought another bill (HR 1216) to the House floor that does not address jobs and wastes time in a futile attempt to repeal part of the Affordable Care Act. House Democrats are staging a “mini-filibuster” by “striking the last word” allowing them five minutes of time to discuss their strong opposition to the Republican-passed budget which ends Medicare as we know it and forces seniors to pay over $6,000 more a year.

   Weiner: I move to strike the last word Mr. Chairman. Mr. Chairman, you may recall I was standing here approximately two hours ago waiting to speak with several other members on the efforts of my Republican friends to eliminate Medicare as we know it and for reasons that are known only to the Chair, I was denied the ability to do that. Well, I’m back. And just to review the bidding, here’s where it was before that order was made. We had the Chairman of the Republican Congressional Campaign Committee, a good man, a guy I like, stand down in the well and say, ‘Oh, no’ (and this by the way is someone who is elected by the Republican members to represent them in races all around the country) saying that the Ryan plan wasn’t a plan it was and I’m quoting here, “a construct to develop a plan” and he said the proposal is not a voucher program and then he said it was a one size fits all, that Medicare was draining our economy is what he said.

  Well, ladies and gentlemen, that might be the rationale for our Republican friends wanting to eliminate Medicare, but none of those things are true. It is not a ‘construct to develop a plan’ it is the proposal of the Republican party of the United States of America to eliminate Medicare as a guaranteed entitlement. If you don’t believe me, go get the book that they wrote, go get the budget that they wrote, go get the bill that they wrote.

h/t to Crooks & Liars for the transcript.

The Ryan Budget plan has failed in the Senate with 5 Republicans opposing it, the Republicans are still embracing the proposal to eliminate Medicare. They are in denial about the loss of NY-26, long a Republican stronghold. to Democrat Kathy Hochul. The sadder part is the White House has also missed the message

Joe Biden group to tackle Medicare and Medicaid: aide

Vice President Joe Biden and top lawmakers will examine government-run health plans on Tuesday as they try to work out a deal to raise the United States’ borrowing authority, a congressional aide said.

h/t Marcy Wheeler

It would appear that the White House is willing to sell out future seniors to give political cover for raising the debt ceiling.

Cross posted from The Stars Hollow Gazette

This country stands on the edge of no longer existing as the Founding Father’s envisioned in the Constitution. Congress is about to infer on the Executive branch unprecedented power to wage war anywhere, detain or assassinate anyone, anywhere without due process and continue the expansion of the national security and surveillance state. The renewal of the reviled Patriot Act, is slated to be passed by congress with bipartisan approval today. As Jon Walker so astutely observes:

The often praised “bipartisanship” is rarely ever the product of both parties coming together around what the people want, and almost always about using each other as cover to avoid electoral consequences for voting in opposition to the will of the electorate.

The controversial Patriot Act, a bill once despised by almost every Democrat, passed cloture in the Senate on Monday night by 74 to 8. As Glen Greenwald noted only bills in support of Israel get this kind of near unanimous support. Eight Senators voting against cloture were Independent Sen. Bernie Sanders, Democrats Jeff Merkley, Mark Begich, Max Baucus, and John Tester, and GOP Senators Lisa Murkowski, Rand Paul, and Dean Heller. Tester and Paul spoke out specifically, objecting to the most egregious parts of the bill and the need for reform.

Cross posted from The Stars Hollow Gazette

Voting has started in Western New York House District 26 to replace Craig’s list Republican Christopher Lee. The strongly Republican district is expected to flip to Democratic blue because of the Republican melt down over Rep. Paul Ryan’s budget bill which wold end Medicare and decimate Medicaid. So far the Democratic candidate, Kathy Hochul, has a comfortable lead in the polls over Republican choice Jane Corwin and the 78 year old perennial candidate, Jack Davis, who is running on the Tea Party line. All eyes are on this race since it is likely to be the template for coming elections in the national debate over the Ryan budget despite House Majority Leader Eric Cantor’s protests that this is not a referendum on that bill.

Democrats should not get too comfortable and I’m sure they’re not, this can always go the other way. Politico will be watching five factors in this race tonight:

The Davis effect

There’s probably no more critical factor in the race than Jack Davis, the Democrat-turned-tea-party-candidate who’s spent nearly $3 million of his own funds casting himself as an independent-minded outsider who will save the Buffalo area’s blue-collar workers from losing their jobs to China.

Erie County Democrats

Simply put, Hochul needs to rack up a big margin in her home base of Erie County, the district’s population center and the portion of the district in which Democrats have performed most strongly in recent congressional races.

Rural Republicans

Corwin is looking to make up for her expected Erie County deficit with a large turnout in the district’s more GOP-friendly rural counties, such as Wyoming and Livingston, which in previous years provided sizable margins for former GOP Reps. Chris Lee and Tom Reynolds.

The senior set

There’s little question that Democrats have succeeded in focusing the race on the future of Medicare – an issue that’s critical in the minds of senior voters who heavily populate the district and are among those most likely to vote in a special election.

The expectations game

Just as important as any tactical factors will be who finishes ahead in what has emerged as a vigorous spin war. With the race emerging as a preview of the 2012 campaign and the first political litmus test for the Republican budget push, the stakes couldn’t be higher.

The polls close at 9 PM. I will be phone banking for Kathy Hochul for most of the day. I’ll up date later as the results come in. Best of luck to Kathy.

Cross posted from The Stars Hollow Gazette

The president of the AFL-CIO, Richard Trumka, gave an hour long speech before the National Press Club that sent a message the Democratic Party that if candidates for office want union members votes and money, they had better start standing up for labor and mean it:

“It doesn’t matter if candidates and parties are controlling the wrecking ball or simply standing aside to let it happen,” Trumka said. “The outcome is the same either way. If leaders aren’t blocking the wrecking ball and advancing working families’ interests, then working people will not support them.”

The AFL-CIO’s executive council is considering a plan that could spend less on congressional races and more on fighting state battles like those in Wisconsin and Ohio, where lawmakers want to weaken collective bargaining rights and reduce union clout.

But Trumka made clear the federation had no plan to follow the lead of the nation’s largest firefighters union, which announced last month that it would halt all political donations to members of Congress because they are not fighting hard enough for union rights. The move has won praise in many corners of the labor movement, where union activists have openly grumbled about House and Senate Democrats being too quiet while unions are getting pummeled in dozens of states.

“We’ve spent money where we have friends and we will continue to do that,” he said.

Leon Fink, a labor historian at the University of Illinois at Chicago, said unions are tired of being taken for granted and discouraged that their influence with moderate and conservative Democrats has been limited.

“Spending a lot of money electing conservative Democrats in marginal districts had no legislative payoff for unions,” Fink said. “They don’t seem to have the capacity to impose their will on the party.”

Damon Silvers of the AFL-CIO joined Cenk Uygur to discuss the issue

Mr. Trumka did not mention President Obama but was incensed about the tax deal the White House cut with Senate Republicans last year and curtly reminded the Democrats that aren’t assured of union support: “Remember Blanch Lincoln”. Ouch