Showing posts with label Government. Show all posts
Showing posts with label Government. Show all posts

Conservative Happy Hour with Bill Whittle

Okay, I'm heading out to the Bill Whittle event, in Newport Beach.



I'm sure he'll have a bang up presentation, given all that's been in the news just this last week. And for questions and answers, I'll be interested to see if he has an emendation to his optimistic take on American exceptionalism, seen here, in part, at his outstanding video presentation: "Bill Whittle's Firewall: 'What We Believe, Part 7: American Exceptionalism."

And tune back in here later tonight for a report and more regular blogging!

Main Street Bank, Kingwood, Texas, to Go Out of Business

What's interesting about this is that the bank chairman, Thomas Depping, cites strangulating regulation as driving him from the market. See Wall Street Journal, "Fed Up: A Texas Bank Is Calling It Quits":
Main Street Bank lends most of its money to small businesses and is earning decent profits. But the Kingwood, Texas, bank is about to get out of the banking business.



In an extreme example of the frustration felt by many bankers as regulators toughen their oversight of the nation's financial institutions, Main Street's chairman, Thomas Depping, is expected to announce Wednesday that the 27-year-old bank will surrender its banking charter and sell its four branches to a nearby bank.

Mr. Depping plans to set up a new lender that will operate beyond the reach of banking regulators—and the deposit-insurance safety net. Backed by the private investment firm of Microsoft Corp. co-founder Paul Allen, the company won't be able to call itself a bank, but it will be able to do business the way Mr. Depping wants.



"The regulatory environment makes it very difficult to do what we do," says Mr. Depping, who last summer saw his bank hit with an enforcement order from the Federal Deposit Insurance Corp.
Continue reading.



If you're reading Mark Steyn's After America, this story is yet another eerie example, found in the book, of the kind of stifling anti-American regulatory burdens shutting down innovation and growth in this country. Perhaps Depping will do better in his new venture, but the move to shutter the bank is an real indictment of job-killing government oversight.

Markets Plunged Despite President Obama's Reassurance

I meant to post this yesterday. And Stormbringer provides extra incentive, "BARACKALYPSE NOW: IT TANKED AS HE TALKED!"

And the latest at Wall Street Journal, "Markets Sink Then Soar After Fed Speaks":
The Federal Reserve sent investors lurching from worry to hope as it warned that the economy would remain weak for some time but said it was prepared to take further steps to shore it up.



The Fed's statement, which included plans to keep interest rates near zero for at least the next two years, ultimately sent the Dow Jones Industrial Average up 4%, its biggest daily gain since March 2009. Yields on Treasurys dropped as money poured in.



Trading was chaotic. Investors were initially discouraged by the Fed's announcement just after 2:15 p.m. EDT, disappointed that policy makers didn't announce any new initiatives and disheartened by the Fed's gloomy appraisal of the economy. That sent the Dow down more than 200 points within minutes.



Then, just as quickly, the market rebounded as traders focused on a phrase low in the Fed's statement, which said the central bank had discussed a "range of policy tools" that it was "prepared to employ." That prompted speculation that the central bank might soon step in with additional measures aimed at spurring the economy. In the last hour of trading, the Dow shot up 500 points, closing with a gain of 429.92 points, or 4%, at 11239.77. In Asia Wednesday morning, Tokyo shares opened higher, rising 1.9% at the start of trading.
See also LAT, "Dow gains 429 after remarks from Fed."



When in doubt, parse the Fed's statements (and ignore President Barack "Steve Urkel" Obama).

Bank of New York Mellon Charging Negative Interest on Deposits

When I went to deposit a check yesterday, the screen on the ATM machine flashed, "Special 1% Interest Rate on CDs of $25,000 or More!"

I thought, my God, banks don't pay interest anymore!

So, yep. You pay them, or at least on big money deposits at Mellon Bank. See New York Post, "BoNY: Big deposits will cost you a pretty penny."
You can keep your stinkin' money.

The financial markets are so foul that Bank of New York Mellon -- overwhelmed by a flood of investors pulling their money out of stocks and stashing it in bank accounts -- is going to start charging its largest institutional customers for holding their cash deposits.

The nation's largest custodial bank announced that it would charge customers more than a tenth of a percentage point for "extraordinarily high" deposits of $50 million or more.

The unusual move by the bank, which manages more than $1.1 trillion in assets for investment funds and money managers looking to safely park their dough, is hoping to discourage customers from plowing even more money into their accounts.
Also at New York Times, "Nervous Investors Chase Low-Risk Assets."
In a sign of just how much cash had poured into commercial bank accounts, Bank of New York Mellon said on Thursday that it would charge institutional clients with more than $50 million on deposit a fee of 13 basis points. The move is intended to recover some of the cost of managing the money, but is also a bid to slow the so-called hot money that has been ricocheting between Treasuries, money-market funds and pure cash balances at the big banks.

The Bank of New York Mellon said the fee would only be applied “to a small number of institutional clients with extraordinarily high deposit levels where the deposits have increased significantly in recent weeks, well above market trends.” The bank did not disclose just how much cash had poured into its coffers recently.
The good news is that investors are pouring their money into U.S. banks. We're lucky that way. When we've seen financial crises in Mexico and Thailand in recent decades, the money flowed out of those countries, leaving them dry and needing bailouts from the U.S. There's a reason we need to worry about our debt overhang. We don't want go the way of Mexico!

Mark Meckler Interview at Der Spiegel

See, "Interview with Tea Party Co-Founder Mark Meckler: 'We Have Compromised Our Way Into Disaster'":

SPIEGEL: The world is looking at Washington and sees gridlock and chaos. How much have the negotiations over the United States' debt ceiling hurt America's standing in the world?

Meckler: Saying that these debates have hurt our image is absurd. What you currently see in Washington is one of the most responsible debates ever about the size and scope of government. The world should look at what is going on in the United States as a model for what should happen in all countries.

SPIEGEL: We look at it and see a Congress held hostage by a small group of radical Tea Party members unwilling to agree to any budget compromise and risking a US default.

Meckler: What do you mean by "a small group?" Forty-one percent of voters in the last US election said they agreed with Tea Party values. And the primary values of the Tea Party are about fiscal responsibility.

SPIEGEL: But you are willing to accept a US default if your demands for massive budget cuts and no tax increases are not met. That seems rather irresponsible or even unpatriotic. Most leading economists forecast financial "Armageddon" in that case.

Meckler: Default is a false threat. We take in over $220 billion in revenues every month and our debt service is only roughly $20 billion. The only way we will default is if the President of the United States makes the irresponsible choice not to pay our debts. We Tea Party Patriots put principles first, and we have to understand what America is about. Our country was founded on an idea: liberty. But it requires fiscal responsibility for people to be free. We are becoming slaves to our own government. Every US family now owes $400,000 to $500,000 in national debt. We Tea Party Patriots fight for the future of the nation, and there can be nothing more patriotic than that.
Continue reading.

Tea Party Sees No Triumph In Compromise

At report at Wall Street Journal:

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The agreement to cut deficits and raise the debt ceiling hammered together in Washington caps a remarkable two-year surge by the tea-party movement—forcing Republicans and Democrats alike to refocus on spending and, at the same time, proving the political power of the tea party.

Yet, a chorus of tea-party activists and leaders across the country denounced the agreement on Monday, saying it included little in the way of the change they actually sought.

"People are saying, 'These tea partiers, aren't they wonderful, they are changing the conversation,'" said Ellen Gilmore, a leader of the LaGrange Tea Party Patriots in Georgia. "Well, we got absolutely squat—except for the conversation."

However, the deal struck Sunday falls far short of many tea-party groups' stated goals of no increase in the debt ceiling, vastly larger budget cuts and passage of a balanced-budget amendment. The central question facing the loose-knit tea-party movement today, two years after it sprang into existence, is whether its organization and leadership can grow to match its ideological force.
Actually, the tea party is stronger than I thought it'd be after the election. Members of Congress have really taken the limited government message to heart, and that goes all the way to Speaker John Boehner. I think activists should be patting themselves on the back and mobilizing to get more grassroots representatives elected in 2012. And the GOP presidential field sure is taking the tea partiers seriously. See Los Angeles Times, "Almost all GOP presidential hopefuls oppose debt deal."

Time for Institutional Reform? Well, Only When Democrats Are Losing

Leave it to the bright lights of the political science profession to call for major structural reforms on the heels of the debt deal. It reminds me of all the useless handwringing over the filibuster once Obama-the-Socialist was elected. Progressives lost. And the losers are screaming foul! See Jacob Hacker and Oona Hathaway, at New York Times, "Our Unbalanced Democracy" (via Memeorandum):

Multipass

OUR nation isn’t facing just a debt crisis; it’s facing a democracy crisis. For weeks, the federal government has been hurtling toward two unsavory options: a crippling default brought on by Congressional gridlock, or — as key Democrats have advocated — a unilateral increase in the debt ceiling by an unchecked president. Even if the last-minute deal announced on Sunday night holds together, it’s become clear that the balance at the heart of the Constitution is under threat.

The debate has threatened to play out as a destructive but all too familiar two-step, revealing how dysfunctional the relationship between Congress and the president has become.

The two-step begins with a Congress that is hamstrung and incapable of effective action. The president then decides he has little alternative but to strike out on his own, regardless of what the Constitution says.

Congress, unable or unwilling to defend its role, resorts instead to carping at “his” program, “his” war or “his” economy — while denying any responsibility for the mess it helped create. The president, on the defensive, digs in further.
This is, to say it plainly, pure bull. The system's working just the way it's supposed to. The electorate voted for a GOP House majority in 2010. And the Republicans stuck to their guns, to the shock of the old establishment, both Democrats and Republicans alike, who have historically, in previous rounds of debt "negotiations," faked spending restraint while hiking taxes. We have a presidential system and the separation of power. Each office is elected individually, with elections staggered every two years between the House (two-year terms, the entire membership up for reelection every two years), the Senate (six year terms of office for political insulation, with one-third of senators elected every two years), and the president (four year terms of office, term limited since 1951 to prevent cults of personality). Thank the Framers of the Constitution. They built a system that effectively prevents tyranny of the majority. If the voters are unhappy, they get to pick the government they want in 2012. That's how it works. No one's taking hostages. The system's not dysfunctional. If you don't like the filibuster, elect 60 senators from your own party to the majority in the Senate. That solves the problem. If you don't like Republican backbone in the House, take back the chamber in 2010. That's how it works. Amazing how progressives whine about how the sky is falling when folks say we ought to live within our means. It's all going to work out, and in the end the average voter will have demonstrated more influence than the upper-crust academics sneering from their ivory towers.

Image Credit: The People's Cube.

New York Times Slurs Republicans as 'Hostage-Taking Extremists'

It's no mystery where the Times' editorial board gets such language. The progressive blogosphere has long been awash in beyond-the-pale attacks on principled conservatives. And the tone has taken a desperate turn of late. Government spending is out of control and leftist elites called for more of the same as an ostensible solution. The White House never offered an original plan and Senate Democrats played obstruction until the last moment. As I noted previously, elections have consequences. The GOP deserves credit for sticking to the political currents that brought them majority power last year in the House of Representatives. There's still a long way to go on the road to reform, and progressives are suffocating at the prospects of more good government rationalization. And reading this is like hearing the tormented screams of the demon being impaled. It's excruciating when your expansionist agenda is decisively crushed. But with luck it's just a start:
There is little to like about the tentative agreement between Congressional leaders and the White House except that it happened at all. The deal would avert a catastrophic government default, immediately and probably through the end of 2012. The rest of it is a nearly complete capitulation to the hostage-taking demands of Republican extremists. It will hurt programs for the middle class and poor, and hinder an economic recovery.

It is not yet set in stone, and there may still be time to make it better. But in the end, most Democrats will have no choice but to swallow their fury, accept the deal and, we hope, fight harder the next time.

VIDEO: President Obama Announces Debt Agreement

Here's the clip, as promised:

And at Wall Street Journal, "Leaders Agree on Debt Deal":

After weeks of partisan wrangling, President Barack Obama and congressional leaders reached a deal Sunday night to raise the government's debt ceiling while cutting spending by about $2.4 trillion, avoiding a government default but setting the stage for months more of stormy debates over how Washington taxes and spends.

The Senate and House are expected to vote on the deal Monday, so the agreement still needs the support of many House Republicans, who have proven a restless, independent group in recent days. But if it passes the House and Senate, it culminates an extraordinary display of political and economic brinksmanship, coming just days before the government could have been unable to fully pay its bills.

The deal would raise the debt ceiling by $2.4 trillion in two stages, and provide initially for $917 billion in spending cuts over 10 years. A special committee of lawmakers would be charged with finding another $1.5 trillion in deficit reduction, which could come through a tax overhaul and changes to safety-net programs.

If the committee doesn't find at least $1.2 trillion in savings, or Congress doesn't adopt its proposals, a pre-set array of spending cuts would kick in, including cuts in military spending and Medicare payments to health-care providers.
Also, "White House Issues Fact Sheet on Debt Deal."

Boehner's Moment of Truth

From Kimberley Strassel, at WSJ:
It isn't easy to turn Washington around on a dime. If nothing else, give Republican House Speaker John Boehner marks for trying.

It wasn't a week ago that Mr. Boehner was plodding through White House deliberations, grasping for GOP support, facing the growing likelihood his party would be saddled with either a flawed debt bargain or blame for causing a default. By last night, Mr. Boehner was on the precipice of passing the only workable debt plan in town and shifting responsibility for further debt fallout across the aisle. Whatever the final result, Mr. Boehner's week-long struggle to pull his party behind him is worthy of some study ...
Continue reading.

Alternative Media is Today's Free Press

From George Scaggs, at Pajamas Media:
The rise of a new press is nothing less than an attempt to re-establish a free press — an essential component of a free society. Sadly, this too has also been misconstrued and confused in the public mind. In our modern age, everything is politicized precisely because government has involved itself in virtually all aspects of life. Having willingly assumed a supporting role in advancing the concept of government which infinitely expands in size and scope, big media has been a central player in this phenomenon.

Big media joins together with government, academia, and various corporate interests to constitute what Angelo Codevilla succinctly identified as “the Elite Ruling Class” in his prodigious essay on the subject.

This relatively minute class is adept at manipulating that plurality of Americans who have come to view the state as an entity that does “for them” rather than “to them,” creating a self-perpetuating momentum. Over time, modern society has become conditioned to adopt whatever this ruling class chooses to foist upon it. Anything goes, from light bulbs to TSA pat-downs.

Used as a tool to keep the whole sordid system propped up, one of big media’s primary roles is to simply parrot big government’s daily proclamations, aiding in creating the perception of omnipotence.
RTWT.

This reminds me of the John Hawkins debate on blogging. Bloggers help keep America free.

I might have more on this later today, but I'll be running around a bit. Hopefully soon though ...

Ann Coulter: ' McConnell Schools Obama on Debt'

Well, here's another prominent conservative backing the Senate Minority Leader ... Ann Couter at Human Events:
Democrats don't want to cut any government spending programs, not now, not ever. The country is on a high-speed bullet train to bankruptcy (the only kind of bullets liberals approve of), and the Democrats' motto is: Spend! Spend! Spend!

Democrats are at an advantage in the "should the U.S. go bankrupt or not?" debate because, based on their economic policies so far, they obviously favor bankruptcy.

This allows them to sit back and demand that Republicans propose all the spending cuts and then turn around and scream that Republicans have declared war on the poor and disadvantaged.

It's a nice trick, especially considering Republicans control only the House.

Meanwhile, the Democrats control all other branches of our government: the Senate, the White House, and The New York Times op/ed page. What's their plan?

Their plan is to keep spending, while blaming tax breaks for corporate jets for the entire $14.3 trillion deficit. The Democrats will never suggest any cuts to a budget that has put the country another $4 trillion in debt only since Obama became president.
She's funny. More here.

Postal Workers Union Won't Take Down 'Misleading' Ad

At Daily Caller, "Issa calls on Postal Workers Union to stop running ‘misleading ad’ about USPS financial situation," and Fox News, "Postal Union Refuses to Pull Ad After Issa Calls Funding Claim 'Misleading'":

USPS is sometimes thought of as a "government corporation," but it's more accurately a gargantuan bureaucratic organization that can't go out of business. See CNS, "U.S. Postal Service Lost Record $8.5 Billion in 2010."

RELATED: "Rural America feels the sting of post office closings." And "Small Spokane County town fighting for post office‎," and "Aldermen opposed to losing downtown post office."

No More Mister Nice Guy: Can Tim Pawlenty Make the Sale to Voters?

From Kim Strassel, at Wall Street Journal, "Beyond Minnesota Nice":

Republican presidential candidate Tim Pawlenty brags that as governor he stared down Democrats on taxes and spending, but can he sell it to conservative voters?

Ask Mitt Romney to opine about his time managing a blue state, and the former Massachusetts governor will mostly take a pass. Ask Tim Pawlenty about his recent tenure governing liberal Minnesota, and you could be listening for hours.

If Mr. Pawlenty sees a path to the Republican presidential nomination, it's increasingly through the Land of 10,000 Lakes. Running in a highly conservative primary as the former head of a proudly liberal state—one perpetually beset by economic woes—certainly holds its downsides. But Mr. Pawlenty isn't shying away from that past. He's intent on turning his own feisty leadership of Minnesota into his main selling point for the nomination.
This has become all the more clear this past week, as the Minnesota government shut down over a budget impasse. The focus instantly turned to Mr. Pawlenty, highlighting the risks his time as governor (which ended earlier this year) holds for his run.

Conservative critics jumped to suggest the shutdown shows Mr. Pawlenty is far from the fiscal hawk he claims to be—that he instead papered over Minnesota's budget woes. Democrats piled on, with Walter Mondale emerging to lay the entire "mess" of a shutdown at Mr. Pawlenty's feet. All this is the last way Mr. Pawlenty wants to be defined to primary voters who are only now becoming familiar with candidates.

And Mr. Pawlenty's response? Far from going on defense, this week he aired a spot on Iowa television feting . . . the Minnesota shutdown. To be precise, the ad is highlighting a 2005 Minnesota shutdown, bragging that it happened because Mr. Pawlenty refused "to accept Democrats' massive tax and spending plans." The ad also references a 2004 transit strike (caused by a fight over pension cuts), in which Mr. Pawlenty "refused to cave in to government unions." The ad's moderator notes that both situations ended with one result: "Pawlenty won."
And:
Still, Mr. Pawlenty has been playing off variations of the tough-guy-from-a-purple-state theme since he first started contemplating a run, and he has yet to get traction. The RealClearPolitics average of polls has him pulling 4.5% of voters—significantly less than Republicans who haven't even declared. This helps explain why the Pawlenty team is embracing, not running from, the Minnesota shutdown. They are happy for the headlines.
More at the link.

I like Pawlenty. He seems like a nice guy. I just don't see him getting traction, and I expect a loss in Iowa could be the end of the line for the former governor --- at least for now.

RELATED: At New York Times, "Will Republican Race’s First In Be the First Out?" (via Memeorandum).

Gloria Molina, L.A. County Supervisor, Said She'd Like to 'Cut the Testicles Off' Agency Executive Under Her Authority

Los Angeles County government is a lot like the Cook County political machine. A bastion of Democrat Party power, top officials run government like fiefs, and they wield power in the style of the big city party bosses of yore.

In an article today, the Los Angeles Times reports that the Los Angeles County board of supervisors has sought to kneecap County Chief Executive William T. Fujioka. He is CEO for the County, in charge of managing a $23 billion budget and over 100,000 employees. Apparently Fujioka, whose grandparents were sent to internment camps during World War II, is a hard-knuckled administrator, having honed his political skins navigating the rough and tumble of L.A.'s east side gang scene growing up. On the job as County CEO since 2007, Fujioka initiated an administrative reorganization that worked to take power from the hands of the elected board:
The county plan to centralize authority was the brainchild of Fujioka's highly respected predecessor, David Janssen. The new chief executive was to have increased responsibility over the department heads who guide the delivery of services for 10 million constituents, ranging from housing the skid row homeless to defending exclusive hillside neighborhoods from mudslides.

Fujioka was given more staff, and his office's budget climbed 53% to $43 million in four years. Eventually, Fujioka was to have received greater power to hire and fire most agency chiefs.

Under the new structure, supervisors were to have taken a back seat in day-to-day operations. The structure presumed the high level of respect and openness Fujioka's predecessor enjoyed. But most supervisors and their staffs have served for decades and developed expertise and deep interests in certain issues, and the transfer of trust did not come naturally.
No doubt.

It turns out that board members Michael Antonovich, Gloria Molina, and Zev Yaroslavsky moved "to strip the Children and Family Services and Probation departments from Fujioka's control." There's more to the story at the link, including some ugly politics among members of the board, but this passage really caught my attention, and looks like an abuse of power:
While a majority of Fujioka's elected superiors may be critical, his subordinates praise him. County managers have complained about pointed attacks and contradictory direction from board offices in the past. "It's a very scary thing if you are a lowly department head," said Janice Fukai, the county's alternate public defender. "If you go in with the CEO, you feel a little more insulated and a little more protected."

Fujioka's backers say he has been particularly frustrated by some of the supervisors' interventions in the children's services agency, which has been grappling with child fatalities following errors in handling cases. It is one of the departments being taken away from Fujioka. Molina is especially hands-on, summoning top agency officials to her office to demand explanations. In one instance, she said she would like to cut the testicles off an executive because of problems in the agency, according to officials familiar with the exchange.

Molina declined to comment on the incident but said, "At the end of the day, we as supervisors are literally blamed and held accountable for the outcomes of these children."
Gloria Molina's homepage is here. Clicking her page begins a photographic slide show of her service, beginning with a photo of Molina posing with President Barack Obama and ending with a shot of her posing with Former President Bill Clinton.

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Her appearances with Democratic presidents form the bookends of a career in Los Angeles government spanning 20 years. In that time she's clearly developed an authoritarian style, which features crude and threatening accounts of her treatment of administrative subordinates. That Supervisor Molina refused to answer questions about the comment, as the Times indicates, is not surprising:
Molina declined to comment on the incident but said, "At the end of the day, we as supervisors are literally blamed and held accountable for the outcomes of these children."
In a time of fiscal austerity, government officials at all levels have been coming under increased attention. But I think it's fair to say that it's especially inappropriate for an L.A. County Supervisor to announce she wants to "cut the testicles" off subordinate agency officials, and when asked about it to further denigrate them as "children."

Progressives would be all over this story if a Republican official has made comparable remarks. But this is the Los Angeles big city machine, and County elected officials obviously feel they can act with impunity.

UPDATE: From Russ, in the comments:
I think when she says "children", she is referring to the children under the protective services that have died while under their authority, NOT the supervisors she threatened with castration.
I also got an e-mail from someone objecting to my comment on Molina's reference to "the children." I won't be surprised if some ASFLs contact my college to complain. Democrats and progressives are evil like that. So let's be clear: "The outcomes" may clearly refer to a purposeful act in the active sense, as in the actions of the administrators who have taken power from the hands of the board. Of course Molina might be referring to "the outcomes" of the children in the passive sense, but then again, considering she's threatening administrative subordinates, maybe not. She's a Democrat. They talk down to people like that. Progressives are losers.

Also, linked at Instapundit, because, you know, no one pays attention to this blog, or something:
THREATS OF SEXUAL VIOLENCE FROM A DEMOCRATIC OFFICEHOLDER IN LOS ANGELES ...
I hope the Department Of Justice will investigate this egregious civil rights violation. For that matter, I suspect it’s a violation of California state civil rights law. Gloria Allred, call your office!
Word.

O.C. Grand Jury Questions Officials' Salaries in 3 Cities

At Los Angeles Times.

It's not as bad at the Bell scandal, but there's some big taxpayers money involved:
A first-of-its-kind report by the Orange County Grand Jury questioned whether top officials in three upscale cities — Laguna Hills, Newport Beach and Laguna Beach — are paid too much.

The report was commissioned in the wake of questions over city employee compensation fueled by last year's salary scandal in Bell, where top officials were earning salaries as high as $787,000.

The grand jury found no salaries in the 34 cities surveyed that the panel considered "abusive." The three cities were called out because they appeared to be paying out more than most Orange County cities.

In the case of Laguna Beach and Newport Beach, the grand jury questions what it said was a large number of employees earning $100,000 or more. Laguna Beach, with a population of about 25,000, had 22 such employees, and Newport Beach, with a population of about 86,000, had 60. The grand jury found that the two cities had more high-paid workers per capita that other cities.

Officials in Laguna Beach and Newport Beach disputed the findings. They said that although their cities' populations may be smaller than others, they are both full-service cities, meaning that they use city employees for services that other cities contract out. Both are also coastal cities with tens of thousands of tourists creating an added demand on city services.

"I think [the report's conclusions] were a bit misleading," said Laguna Beach City Manager John Pietig. "To do an analysis like this without comparing the services is really an apples-to-oranges comparison."
More at the link. Laguna Hills City Manager Bruce Channing makes a total of $378,000 including benefits, which is considered "excessive" if not "abusive."

I wish I was making that kind of money. Sheesh.

Leon Panetta, U.S. Defense Secretary Nominee, Linked to Communist, Anti-Semitic Women's International League for Peace

A really interesting piece, from Aaron Klein, at World Net Daily, "Panetta Keynoted Pro-Soviet Group's Conference".

It turns out that Panetta honored Lucy Haessler, a founder of the Women's International League for Peace and Freedom (WILPF).

The WILPF homepage is here. WILPF is a longtime communist front group, with ties to various terror-financing operations: "Not In Our Name and the World Wide Terrorism Web." It's also an anti-Semitic organization: "WILPF Supports Boycott, Divestment & Sanctions for Israel." And "Blood Libel: NIF-Linked Group Blames Israel for Leukemia in Gaza."

See also New Zeal, "Panetta Report 1: Leon Panetta Paid Tribute to Two Longtime Communists," and "Panetta Report 2: Leon Panetta Paid Tribute to Pro-Communist Peace Activist."

Plus, at Anti-Liberal Zone, "LEON PANETTA LEFTIST STOOGE IN THE PENTAGON."

Presidential War Powers

Harry Reid's a blithering idiot. I have no idea how he was ever elected to public office. It's not so much his position on the War Powers Resolution, but that it's at odds with his claim that the public wants the troops home from Afghanistan. Frankly, Americans are weary of overseas commitments altogether, but at least the Afghan deployment enjoyed broad bipartisan support to begin with, back in the day. With Libya, the administration took the easiest route to do something --- anything --- in North Africa and the Middle East amid the wave of revolutions taking place in the "Arab Spring." And there's been little public consensus on major U.S. role in Libya.

This guy sucks:

Unfortunately, a Ron Paul wing in the GOP is joining with the Dennis Kucinich Demo-nuts to push for action on the Resolution. A lot of folks in the right blogosphere have made something out of this as well, and it goes to the lack of vital national interests at stake, and that's understandable. That said, John Yoo's got a new piece up on the Commander-in-Chief's authority on the use of force, "The GOP Plays Politics With the War Powers Resolution," and Yoo's the man:

Congressional Republicans should not try to outdo Mr. Obama in a game of unprincipled one-upmanship. But that's precisely what key GOP leaders have done. Earlier this week, House Speaker John Boehner sent a letter to the White House accusing Mr. Obama of violating the War Powers Resolution. "The Constitution requires the president to 'take care that the laws be faithfully executed,'" he wrote, quoting the president's responsibilities under Article II of the Constitution. "And one of those laws is the War Powers Resolution, which requires an approving action by Congress or withdrawal within 90 days from the notification of a military operation."

Mr. Boehner's claim ignores the Constitution's fundamental nature as supreme law. As Chief Justice John Marshall declared in the foundational case of Marbury v. Madison (1803), the Constitution is "a superior paramount law, unchangeable by ordinary means," and any act of Congress "contrary to the constitution is not law." If the Constitution gives the president the executive authority to use force abroad, Congress cannot take it away. Surely Mr. Boehner agreed with this proposition before the current president took office. He, for instance, never claimed that President George W. Bush's exercise of broad executive powers in the war on terror violated the Constitution. Nor does he appear to have thought that legislative authorization of the Afghanistan and Iraq wars was constitutionally necessary in 2001 and 2002.

Not to be outdone, House Republicans Roscoe Bartlett, Dan Burton, Howard Coble, John Duncan, Tim Johnson, Walter Jones and Ron Paul joined with Dennis Kucinich and other Democrats this week and filed suit in a D.C. federal court seeking to halt U.S. military operations in Libya. They may see themselves as purists, but they are not demonstrating fidelity to the Constitution by launching a legal effort that they know to be utterly futile ....
RTWT.

Added: See Allahpundit's write up on the New York Times' story, "NYT: Obama overruled top Pentagon, DOJ lawyers on Libya war powers" (via Memeorandum). And check JustOneMinute, "Obama Goes Shopping For Legal Advice." It's the hypocrisy that's stunning.