Friday, June 5, 2009

Paying federal employees to be full-time union activists

Taxpayers are covering the salaries of federal employees who are full time union activists? And some people say there's no place to cut the federal budget. An Associated Press story in the June 5, 2009 edition of The Oregonian about Republican budget cutting proposals noted that the proposals included "...plenty of political proposals, including a move ...to block federal employees who are union activists from being granted time to devote all their work time to union activities". How many of these folks are on the federal payroll anyway? What a racket. And why is a proposal to eliminate these positions "political" and not "common sense"?

See: http://www.oregonlive.com/newsflash/index.ssf?/base/national-3/1244146038132290.xml&storylist=washington

Thursday, May 21, 2009

Oregon's budget is insanity

Insanity.

Despite all the hand-wringing and doom-saying, Oregon’s proposed budget for 2009-11 proposes spending $15.2 billion in general fund and lottery dollars, a 5.3 percent INCREASE over the 2007-2009 budget in a time of supposed fiscal austerity. Justifying this spending level, Democrats claim the budget requires $2 billion in cuts because it would cost $17.2 billion to continue providing state services at their current level. That would have been a $2.8 billion, or a 19.5 percent, increase over the 2007-2009 budget. If the Democrats think that kind of explosive growth in Oregon’s general fund and lottery dollars budget makes sense, look at what the budget would be if you carried that kind of increase through in subsequent budgets:

2011-2013 $20.6 billion
2013-2015 $24.6 billion
2015-2017 $29.4 billion

Somebody’s taxes are going to have to go up to cover this. Just think of what Oregon’s politicians could do with all that money.

On top of all this, don’t forget that the Democrats are proposing $800 million in new tax revenue for the 2009-2011 general fund and lottery dollars budget. The added taxes are intended to deal with the temporary economic downturn, but that taxes will be permanent.

Friday, February 20, 2009

1984 is here.
On the radio this morning I heard about how Obama is insisting that we can't have "business as usual". This just days after he signed a so-called Stimulus Bill that was created by the Democrats as a political cornucopia of goodies for the special interests the party depends upon. Then I heard about Obama telling the Canadian Prime Minister that he's against protectionism, when the Stimulus Bill he signed specifically includes Buy American provisions. And to top it all off, Obama has called a summit to focus on the need for budget discipline that will deal with expanding deficits, just when he has raised the US deficit to levels not seen in my lifetime. Obama has truly mastered what is known in 1984's Newspeak as doublethink, the ability to hold two contradictory beliefs in one's mind simultaneously, while accepting both of them.

Tuesday, September 23, 2008

The hyprocrisy of Barney Frank and Christopher Dodd on the $700 billion bail out

The gall and hypocrisy of D’s like Dodd and Frank just blows my mind. Here they are saying wall street execs must pay the price for their greed and misdeeds, when they were in hock to Fannie Mae and Freddie Mac in the form hefty of political contributions, charitable contributions to the member’s favorite non-profits efforts to expand the organizations’ liabilities at a time when they were already in trouble. Why don’t they offer to return all the political cont5ributions they’ve received from these same organizations.? I’m just disgusted, more so because the mainsteam media seems to have forgotten all this in their reporting on how the D’s are now trying to save Main St.

I remember a great WSJ article about all this:

Fannie and Freddie's Enablers

You'll love this one. In the strange accountability of Washington, the same folks who put taxpayers on the hook for Fannie Mae and Freddie Mac are now demanding ransom to let taxpayers bail them out. It's as if Andy Fastow insisted that Enron shareholders pay his fines after his fraud cost them their life savings.
"I don't know how in good conscience you come up here and ask me to give unlimited lines of credit" to Treasury for Fannie and Freddie without giving Democrats something in return, Senate Banking Chairman Christopher Dodd (D., Conn.) told the Journal last week. Come again? This is the same Chris Dodd who long resisted tougher regulation while more recently handing Fan and Fred even more room to expand their risk-taking.
At a February hearing, he derided critics who he said were "repeatedly raising alarm bells about the risks Fannie and Freddie pose to the financial system." You may also remember Mr. Dodd as the fellow who got a sweetheart mortgage from former Countrywide Financial CEO Angelo Mozilo, who was thick as thieves with Fannie Mae.
* * *
In any other business, Mr. Dodd would be begging forgiveness. But in Washington he now wants the Bush Administration to bow to his political wishes in return for protecting the financial system from the risks that Mr. Dodd long claimed Fan and Fred didn't pose. His demands include nearly $4 billion in Community Development Block Grants that are a payoff to liberal interest groups. He also wants an "affordable housing trust fund" for more such largesse that could take as much as a $1 billion a year out of Fan and Fred even as they struggle to stay solvent.
Fannie Mayhem: A History
Click here for a compendium of our recent Fannie and Freddie coverage.
Meanwhile, another leading cause of this fiasco, House Financial Services Chairman Barney Frank, has his own demands. He wants to increase the size of the loans Fannie and Freddie can purchase and package as mortgage-backed securities (MBSs), which would allow them to grow market share. Earlier this year he pushed for, and got, a temporary increase in the so-called conforming loan limit to $729,250, allowing Fan and Fred to buy and securitize jumbo loans. Now he wants to make that increase permanent.
Behind the scenes, Mr. Frank is also demanding that the new, more powerful regulator for Fan and Fred not get up and running until next year, though the companies are in trouble right now. Like the management of Fan and Fred, he's assuming an Obama Administration will go easier on the mortgage giants than will the Bush Treasury.
We should add that Republicans aren't much better. A few in the Senate -- Richard Shelby, Elizabeth Dole, John Sununu, Mel Martinez -- fought hard to protect taxpayers going back years. But most of the House GOP has long been in Fannie's back pocket. On May 22, 2007, it was Texas Republican Randy Neugebauer who sponsored an amendment to water down systemic risk protections for Fan and Fred. It passed 383 to 36, with 162 Republicans voting with the companies. Now these same Republicans claim to be appalled by this taxpayer rescue. What a spectacle.
The real priority ought to be protecting taxpayers in return for bailing out these vehicles of Capitol Hill privilege. Taxpayers have already coughed up once, in the form of Treasury Secretary Hank Paulson's explicit pledge last week to save the companies and let them tap the Federal Reserve's discount window. Now taxpayers are being asked to pay again, via legislation allowing the government to increase its credit line to the companies and to inject capital if needed to save them from failure.
For all of that, taxpayers have so far received nothing -- no stock warrants, no discipline for the management or shareholders of Fan and Fred, no guarantee that the companies won't pocket this bailout and emerge even more powerful down the road. At least Bear Stearns went out of business when it had to be saved by Uncle Sam.
Instead, taxpayers are being asked to trust that a regulator will do the right thing and impose some discipline on the companies after Mr. Paulson's rescue bill passes. But at the same time, Mr. Paulson is saying that the goal is to preserve Fannie and Freddie "in their current form." That sounds a lot like a get-out-of-bailout-free card.
Perhaps this is part of Mr. Paulson's strategy to get the legislation passed without Fan and Fred opposing it. And in its current form the bill would give a new regulator the power to fire managers and put the companies into receivership in certain circumstances. At a minimum, however, the regulator should be given an explicit command to run down their portfolios of MBSs that have made them such risky monsters. And as the credit markets calm down, the regulator needs to limit their business so private-label mortgage securitization takes a greater role in the market and less risk is concentrated in two giant firms. Mr. Paulson should also support Senator Jim DeMint's proposal to bar the companies from the lobbying and campaign contributions that have allowed them to buy political immunity all these years.
* * *
If Mr. Paulson can't get a regulator who can rein in these two -- and put them into receivership if they require taxpayer money -- he should put the political blame squarely on Fannie and Freddie's enablers in Congress.
They made this mess by creating these beasts that combine private profit with public risk. And they made the mess worse by fighting, over many years and despite accounting fraud, any limits on the ability of the companies to grow with taxpayer subsidies. Mr. Dodd and Congress owe Americans an apology, not more ransom demands.

Sunday, July 1, 2007

rights, rights, rights - no responsibilities

Rep. Earl Blumenauer, D-OR, one more of a long line of liberal politicians talking about how people have a "right" to all sorts of things, claims that Americans have a "right to a policy free of special interest giveaways.", when he, Blumenauer, is speaking for a special interest himself. Then see how Blumenauer turns it all into a fundraising letter so he can support the agendas of special interests that support him. This “everybody has a right” stuff reminds me of all the ads that begin with “You deserve….”. American’s don’t have a RIGHT to anything other than what is guaranteed in the constitution and they don’t “deserve” anything. They have to work for it.

Check out Blumenauer's 6/29/2007 e-newsletter:

Earlier this month I had the opportunity to write for a leading national political blog, Talking Points Memo's Table for One, laying out my case for reforming this year's Farm Bill and offering a Food and Farm Bill of Rights.




Americans have a right to a policy free of special interest giveaways.
American taxpayers have a right to a fiscally responsible policy.
Americans have a right to a policy that serves all farmers.
Americans have a right to a safe and healthful food supply.
American children have a right to good nutrition.
Americans have a right to local supplies of fresh food.
Americans have a right to a policy that promotes energy independence.
Americans have a right to a policy that protects the environment.
Americans have a right to preserve farmland from sprawl.
Americans have a right to a policy that fosters sustainable farming practices.
The initial response to this blog post was both humbling and remarkable. Many of the largest progressive political blogs around the country - including Daily Kos, Eschaton and The Atlantic Online, among others - promoted this effort. In total, hundreds of bloggers and commenters offered their thoughts, ideas and questions about the Food and Farm Bill of. One environmentalist blogger called this "a watershed moment for [agriculture] policy and blogs." The Democratic National Committee even featured the Food and Farm Bill of Rights on both its official blog and on the front page of its Rural Americans page.To build on the initial successes of this effort, I am putting the power of my campaign behind promoting my Food and Farm Bill of Rights and trying to reform this year's Farm Bill so that it reflects the needs of the 21st century rather than the political realities of the 1950s. Over the month, I have advertised across the internet to increase the exposure of my Food and Farm Bill of Rights and get the grassroots involved in the coalition to write a better Farm Bill. And I need your help to sustain this effort. Your contribution of $1000, $100 or $25 today would go a long way in helping me reach out to the grassroots base, whose support is necessary to success in this endeavor. Thank you in advance for your help and support in this matter,



Earl

Friday, June 29, 2007

NY Times political bias showing through

I was not particularly surprised this morning to see that the New York Times, which at the outset referred glowingly to the immigration proposal as a two-party deal (Senators in Bipartisan Deal on Immigration Bill, NY Times, May 18, 2007) and praised Democratic Senator Edward Kennedy's statesmanship and influence, now highlights that the “Bush immigration bill” has been solidly defeated. In today’s front page story, you didn’t even see that Kennedy played a key role until deep into the story. It reminds me of when Bill Keller, the N.Y. Times' Executive Editor, came to speak in Portland and heralded how his paper had no political agenda and was as balanced as could be. I was tempted to stand up and ask him if he ever read his own paper.

Take a look at the initial part of the NY Times story from today's (June 29) paper and ask yourself if the treatment is balanced:

Immigrant Bill Dies in Senate; Defeat for Bush

Stephen Crowley/The New York Times

By ROBERT PEAR and CARL HULSE
Published: June 29, 2007
WASHINGTON, June 28 — President Bush’s effort to overhaul the nation’s immigration policy, a cornerstone of his domestic agenda, collapsed Thursday in the Senate, with little prospect that it can be revived before Mr. Bush leaves office in 19 months.
The bill called for the biggest changes to immigration law in more than 20 years, offering legal status to millions of illegal immigrants while trying to secure borders. But the Senate, forming blocs that defied party affiliation, could never unite on the main provisions.
Rejecting the president’s last-minute pleas, it voted, 53 to 46, to turn back a motion to end debate and move toward final passage. Supporters fell 14 votes short of the 60 needed to close the debate.
Mr. Bush placed telephone calls to lawmakers throughout the morning. But members of his party abandoned him in droves, with just 12 of the 49 Senate Republicans sticking by him on the important procedural vote that determined the fate of the bill.
Nearly one-third of Senate Democrats voted, in effect, to block action on the bill.
The vote followed an outpouring of criticism from conservatives and others who called it a form of amnesty for lawbreakers.
The outcome was a bitter disappointment for Mr. Bush and other supporters of a comprehensive approach, including Hispanic and church groups and employers who had been seeking greater access to foreign workers.
Supporters and opponents said the measure was dead for the remainder of the Bush administration, though conceivably individual pieces might be revived.
The vote reflected the degree to which Congress and the nation are polarized over immigration. The emotional end to what had been an emotional debate was evident, with a few senior staff members who had invested months in writing the bill near tears.
“The bill now dies,” said Senator Dianne Feinstein, Democrat of California, who helped write the measure.
The outcome also underscored the challenge that Mr. Bush faces in exerting authority and enacting an agenda as members of his party increasingly break with him and Democrats no longer fear him. Having already given up on other ambitious second-term plans like overhauling Social Security, the administration has little prospect of winning any big new legislative achievements in its final months.
The collapse also highlighted the difficulties that the new Democratic leadership in Congress has had in showing that it can address the big problems facing the nation. In this case, Democratic leaders asserted that the failure of the immigration bill reflected on Mr. Bush, and not on their party.

Friday, June 15, 2007

Give me a break!

John Leo
Let the Segregation CommenceSeparatist graduations proliferate at UCLA.13 June 2007

Commencement weekend is hard to plan at the University of California, Los Angeles. The university now has so many separate identity-group graduations that scheduling them not to conflict with one another is a challenge. The women’s studies graduation and the Chicana/Chicano studies graduation are both set for 10 AM Saturday. The broader Hispanic graduation, “Raza,” is in near-conflict with the black graduation, which starts just an hour later.
Planning was easier before a new crop of ethnic groups pushed for inclusion. Students of Asian heritage were once content with the Asian–Pacific Islanders ceremony. But now there are separate Filipino and Vietnamese commencements, and some talk of a Cambodian one in the future. Years ago, UCLA sponsored an Iranian graduation, but the school’s commencement office couldn’t tell me if the event was still around. The entire Middle East may yet be a fertile source for UCLA commencements.
Not all ethnic and racial graduations are well attended. The 2003 figures at UCLA showed that while 300 of 855 Hispanic students attended, only 170 out of 1,874 Asian-Americans did.
Some students are presumably eligible for four or five graduations. A gay student with a Native American father and a Filipino mother could attend the Asian, Filipino, and American Indian ceremonies, plus the mainstream graduation and the Lavender Graduation for gay, lesbian, bisexual, and transgendered students.
Graduates usually wear identity-group markers—a Filipino stole or a Vietnamese sash, for instance, or a rainbow tassel at the Lavender event. Promoters of ethnic and racial graduations often talk about the strong sense of community that they favor. But it is a sense of community based on blood, a dubious and historically dangerous organizing principle.
The organizers also sometimes argue that identity-group graduations make sense for practical reasons. They say that about 3,000 graduating seniors show up for UCLA’s “regular” graduation, making it a massive and impersonal event. At the more intimate identity-group events, foreign-born parents and relatives hear much of the ceremony in their native tongues. The Filipino event is so small—about 100 students— that each grad gets to speak for 30 seconds.
But the core reason for separatist graduations is the obvious one: on campus, assimilation is a hostile force, the domestic version of American imperialism. On many campuses, identity-group training begins with separate freshman orientation programs for nonwhites, who arrive earlier and are encouraged to bond before the first Caucasian freshmen arrive. Some schools have separate orientations for gays as well. Administrations tend to foster separatism by arguing that bias is everywhere, justifying double standards that favor identity groups.
Four years ago Ward Connerly, then a regent of the University of California, tried to pass a resolution to stop funding of ethnic graduations and gay freshman orientations. He changed his mind and asked to withdraw his proposal, but the regents wanted to vote on it and defeated it in committee 6–3.
No major objections to ethnic graduations have emerged since. As in so many areas of American life, the preposterous is now normal.

City Journal, Spring 2007, Vol. 17, #2