It’s time for your weekly dose of Coffee and Markets, featuring The New Ledger’s Francis Cianfrocca, a podcast brought to you by the fine folks at Andrew Breitbart’s BigGovernment.com and LibertyPundits.com, your home for conservative podcasts. In this week’s edition, we’ll talk about the fallout from a failed attempt by Senators Dodd and Corker to make new financial regulations bipartisan, the latest activity on the bond markets, and what’s next for Obamacare.

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Related Links:

TNL: Obamacare’s Two Americas
Frum: Will Health Reform Cause the Next Bailout?
The Hill: No Votes on HCR Pile Up
HCN: Democrats Consider Drastic Moves to Pass Health Care Bill
T-Shirt: Lobby the Rahm Emanuel Way

Wednesday evening, I had the honor of attending a presentation given by noted ‘climate change’ skeptic Lord Christopher Monckton, sponsored by the Bull Run Republican Women’s Club in Manassas, Virginia.

As I didn’t think it appropriate to ask a long-winded Chris Matthews-type question, I essentially wanted to know (with all the revelations of deliberate fudging of climate data to “prove” global warming is happening) what the legal ramifications on the players could be, considering how many billions of dollars cities, states, businesses, corporations, as well as whole nations have spent going “green”, not to mention the adverse effects on developing nations?

Lord Monckton’s response was direct and to the point: “Jail the lot!”

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The people have written!

After sorting through scores of nominations from readers, I am dyspeptic to present another recipient of the “Educated Idiots Award” (EIA), which is given to the arrogant intellectuals unacquainted with real life who foist their insane ideas upon the “unenlightened” rest of us.

Nominated by former State Department Official, John Tkacik, this week’s EIA goes to the Obama Administration’s “smart power” savants. (Okay, that’s not quite what John called them, but the sentiment is simpatico.)

To witless:

Per a March 5th Washington Post article, the Obama Administration’s “smart power” savants want the People’s Republic of China (PRC) to get a sweetheart sanctions deal: If the Beijing regime relents and supports tightened UN sanctions against Iran, the PRC will be exempted from tightened US sanctions against Iran.

This dysfunctional case of “the enemy of my enemy is my enemy” bemuses our allies who have steadfastly supported sanctioning Iran due to its nuclear program; and have already been divesting from the mullah’s murderous regime.

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The stakes in the health care debate continue to climb. For the Democrats, they truly are in between a self- imposed Barack and a hard place. If they produce a health care bill that Obama signs over the objections of the American people, they risk losing 55 or more House seats and 8-10 Senate seats. If they don’t push through a bill, they will have angered yet another part of their base.

For the Republicans, any failure to demonstrate a principled resistance to the Democrats will hurt them, in the Fall, among Tea Party voters and their base. If it passes, it will do irrevocable harm to our health care system and the solvency of our government, while hurting the economy and the dollar for decades to come. Worse yet, history has shown that de-nationalizing socialized healthcare is beyond difficult. In other words, hoping for the repeal of ObamaCare is not a good option.

That much danger requires that the Republicans pull out all of the stops to literally stop its passage. As the “final” vote on the bill looms, Republicans in Congress simply must enlist the voice of the American people in their effort and force the Democrats to abandon the bill. Here is a 3 point plan to do just that.

1. Adopt a HealthCare Covenant With America. The existing health care bill represents everything that is wrong with American government today. It is a 2600 page monolith and few have any idea of its true contents – as Nancy Pelosi so eloquently noted (“But we have to pass the [health care ] bill so that you can find out what is in it.”) Republicans quickly and simply must contrast that with a one page charter, contract, or declaration. which sets forth 7 – 10 key reforms in simple straightforward language. The contents should obviously emphasize private sector reforms, such as the promotion of HealthCare Savings Accounts (“HSAs”), coupled with the modernization of government regulations, i.e. updated regulations/laws to allow increased pooling across state lines – all with an eye to addressing the deficiencies of the current health care system.

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On Wednesday, President Obama traveled to St. Louis to try to revive his party’s push for government health care. Around 5,000 activists opposed to ObamaCare turned out, dwarfing the few dozen paid organizers from Obama’s Organizing for America. The activists for liberty keep making a difference, while the national GOP is indifferent. Grass roots activists and local radio talk show hosts begged RNC Chairman Michael Steele to get involved, but the RNC rejected their pleas. We guess people writing $25 checks aren’t important. (Even though, Michael, there are millions of them. Maybe your consultants just need to figure out how to take a cut of these small checks to make you guys interested.) Here’s who the national GOP left behind:

Via Roll Call

The Senate Parliamentarian has ruled that President Barack Obama must sign Congress’ original health care reform bill before the Senate can act on a companion reconciliation package, senior GOP sources said Thursday.

The Senate Parliamentarian’s Office was responding to questions posed by the Republican leadership. The answers were provided verbally, sources said.

House Democratic leaders have been searching for a way to ensure that any move they make to approve the Senate-passed $871 billion health care reform bill is followed by Senate action on a reconciliation package of adjustments to the original bill. One idea is to have the House and Senate act on reconciliation prior to House action on the Senate’s original health care bill.

Information Republicans say they have received from the Senate Parliamentarian’s Office eliminates that option. House Democratic leaders last week began looking at crafting a legislative rule that would allow the House to approve the Senate health care bill, but not forward it to Obama for his signature until the Senate clears the reconciliation package.

This just confirms what I’ve been saying all along: the House vote is the final vote.

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By Tom Fitton

Documents released today by Judicial Watch reference serious allegations of corruption and voter registration fraud by the Association of Community Organizations for Reform (ACORN), as well as the Obama administration’s decision to shut down a criminal investigation into these matters.

Two specific complaints were filed against ACORN for alleged voter fraud in October 2008 by Lucy Corelli and Joseph Borges, Republican Registrars of Voters in Stamford and Bridgeport, Connecticut, respectively. As part of its continuing investigation into alleged criminal activities of ACORN, Judicial Watch filed a Freedom of Information Act (FOIA) request for documents concerning this matter with the Federal Bureau of Investigation (FBI).

According to Corelli, on August 1, 2008, her office received 1,200 ACORN voter registration cards from the Secretary of State’s office. Over 300 of these cards were rejected because of “duplicates, underage, illegible and invalid addresses,” which “put a tremendous strain on our office staff and caused endless work hours at taxpayers’ expense.” Corelli claimed the total cost of the extra work caused by ACORN corruption was $20,000. Likewise, Borges contended that: “The organization ACORN during the summer of 2008 conducted a registration drive which has produced over 100 rejections due to incomplete forms and individuals who are not citizens…” Among the examples cited by Borges was a seven-year old child who was registered to vote by ACORN through the use of a forged signature and a fake birth certificate claiming she was 27-years old. By burdening these election officials with fraudulent registrations, ACORN put those who legally registered at risk of not being put on voting rolls at all.

The FBI and Department of Justice opened an investigation. However, the Obama Justice Department, while noting that ACORN had engaged in “questionable hiring and training practices,” closed down the investigation in March 2009, claiming ACORN broke no laws.

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Ben Sheffner, at Copyrights and Campaigns Blog, has the breaking story:

A state court in Baltimore has dismissed ACORN’s lawsuit against James O’Keefe, Hannah Giles, and Breitbart.com LLC after the plaintiffs failed to serve the complaint on the defendants within Maryland’s 120-day limit.

28218713-ACORN-v-O-Keefe-Docket

It was with great fanfare that ACORN, along with two recently-fired employees of its Baltimore office, sued last September over thesurreptitious taping of the employees advising O’Keefe and Giles on running a prostitution business out of a house. ACORN’s general counsel, Arthur Schwartz, told the Washington Post at the time that the defendants, young filmmakers O’Keefe and Giles, plus Andrew Breitbart’s Breitbart.com LLC, which disseminated the videos, had committed “clear violations of Maryland law” against audio recording without consent from all parties. But ACORN appears to have lost interest in the case since filing it, confirming my suspicion that it was little more than a press release on pleading paper.

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Isn’t it interesting how every time a state government is in fiscal trouble that the first thing they decide to do is to raise taxes on the sale of tobacco?  Somehow, legislators have it in their heads that the only people who might be upset by raising the cost of tobacco are smokers.  And, since smoking is bad for smokers, and smokers shouldn’t be smoking anyway, maybe making smokes more expensive will dissuade smokers from smoking.

Of course, this is government we’re talking about.  So it never works out they way they think it will, no matter who tries to tell them.  In fact, this plan to raise revenue from tobacco taxes doesn’t actually work at all.

See, governments don’t understand free markets.  If you raise the price of a certain good or service beyond a certain point, people who want the product badly enough will find a way to procure it more cheaply.  Remember Prohibition? Same thing.  To avoid paying the higher taxes, they will cross state lines, buy from an Indian reservation, buy over the internet, or even resort to black market purchasing.

And, if raising taxes does actually cut down the number of smokers, then the expected revenue from this tax increase will be less than expected…because there will be fewer smokers!

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Grassroots conservatives were rightly up in arms over Senator Corker’s game of footsie with far left Democrat Chris Dodd. The two worked together on President Obama’s effort to impose a massive new regulatory scheme on the American economy. Dodd, of course, is one of the architects of the current financial crisis. His decades long support of ACORN, Fannie Mae, Freddie Mac and the Community Reinvestment Act should have disqualified him from these negotiations in the first place.

The word from the halls of the Capital last week was that Corker was still trying to cut a deal with democrats… a bad deal.

But, it looks like Corker bailed after the constant pressure from conservatives this past week…
Senator Bob Corker (R-TN) just backed out of a deal with Dodd and democrats to establish a new federal bureaucracy to regulate the financial industry.
Congress Daily reported:

Senate Banking Chairman Christopher Dodd said today he will unveil legislation to revamp the nation’s financial regulatory system without the support of Sen. Bob Corker, R-Tenn., with whom he had been working to strike a bipartisan deal.

“Over the last few months, Banking Committee members have worked together to try and produce a consensus package. Together we have made significant progress and resolved a many of the items, but a few outstanding issues remain,” Dodd said in a statement.

Dodd said he intends to unveil the bill Monday and hold a markup during the week of March 22 to move the bill out of committee.

“I have been fortunate to have a strong partner in Senator Corker, and my new proposal will reflect his input and the good work done by many of our colleagues as well,” Dodd added. “Our talks will continue, and it is still our hope to come to agreement on a strong bill all of the Senate can be proud to support very soon.”

Corker is scheduled to hold a news conference at 11 a.m. to give his version of the breakdown of the talks.

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This morning, the House GOP Caucus adopted a unilateral ban on all earmarks.

For millions of Americans, the earmark process in Congress has become a symbol of a broken Washington. Today House Republicans took an important step toward showing the American people we’re serious about reform by adopting an immediate, unilateral ban on all earmarks. But the more difficult battle lies ahead, and that’s stopping the spending spree in Washington that is saddling our children and grandchildren with trillions of dollars in debt. Only then will we have succeeded in bringing fundamental change to the way Congress spends taxpayers’ money.

[Do not read this article without a copy of the Constitution, and if you do not have one handy, shame on you (link here).]

A line is being drawn in the sand between the statists and Americans, and I use the term American in the grandest sense.  The United States of America represents one of the last bastions of traditional liberalism, which is why the Left should no longer be identified as liberal, but rather we should continue to identify its members as progressive statists.  The Left believes the precepts of our Constitution have failed society, and thus, we must look towards the “enlightened democracies” of socialized Europe for guidance in the progression of American society.

We hear the mantra of rights professed daily by the progressives: education, work, social security, health care, etc.  And since we do not live in a state of nature, the guarantor of those rights must be the government.  This is the definition of a statist, and adherence to these beliefs is inherently in opposition to the Constitution.  The Founders recognized that government could NEVER be the guarantor of rights which is why so much of the Constitution is written in terms of limiting powers conferred upon the government.

Take for example Article I § 1:

All legislative Powers herein granted shall be vested in a Congress of the United States which shall consist of a Senate and House of Representatives (emphasis added).

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I’ve never had the kind of fun enjoyed by passengers in this 1980 Greyhound commercial, but I’m thinking about taking a ride on the commercial bus line soon. Why? Because, as a taxpayer, I’m paying for it.

I came across this news after reading a release on the White House web site that listed the Missouri Department of Transportation as the recipient of $4.9 million in American Recovery and Reinvestment Act (a.k.a., “stimulus”) funds for use in “construction of two facilities and purchase of two intercity vehicles.” Curious as to the specifics of the spending, I placed a phone call to MoDOT and reached spokesperson Jorma Durant.

During the first conversation, he explained that his agency would be spending the money on construction of buildings for two nonprofit transportation agencies — one each in Poplar Bluffs and Macon, Mo. — as well as on the purchase of two Greyhound buses.

Somewhat surprised, I asked him to explain why the MoDOT was buying Greyhound buses. Durant’s reply was open and honest.

“You have a great question,” he said. “You have an amazing question. Why are we dealing with Greyhound bus? Actually, it kind of surprised me as well. And I’m probably not going to have the right answer for you.”

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Newsmax first reported that Organizing for America, the community organizing outfit under the auspices of the Democratic National Committee, has launched a plan to inundate talk radio shows with callers.  The action will occur when a particular radio show is discussing ObamaCare.

This is an extension of OFA’s and Health Care for America Now’s campaign to flood last summer’s town hall meetings with union members and left-wing activists supporting Obama’s government takeover of health care.

The intent then, just as it is now, was to drown out average taxpayers showing up  to voice their concerns or vent their frustrations.  The intent is also to run out the clock on real debate and take a vote on health reform with as little resistance as possible.

HCAN and ACORN were busing non-constituents, some from as far as 200 miles away, to fill the seats and skew the crowd.  It was to give the false impression that constituents really wanted ObamaCare.

But the result was even worse.  HCAN and union members, particularly SEIU, were filling the seats which would have otherwise been occupied by the average person just getting out of work.

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House Speaker Nancy Pelosi is bluffing here when she says:

“Yes,” Pelosi said when asked if she believed the House would end up having the votes to approve healthcare.

“If we took it up today, yes,” the speaker quickly added.

The speaker still cautioned, though, that the timing and actual vote count on the bill couldn’t be entirely set in stone until the final legislative language was finalized and until the Congressional Budget Office (CBO) delivers its score of the bill’s impact.

There is no chance Pelosi has the votes to pass ObamaCare and she knows it. If she did have the votes, she would have already had the vote and wouldn’t need the “Slaughter Solution.”

House Rules Chairwoman Louise Slaughter is prepping to help usher the healthcare overhaul through the House and potentially avoid a direct vote on the Senate overhaul bill, the chairwoman said Tuesday. Slaughter is weighing preparing a rule that would consider the Senate bill passed once the House approves a corrections bill that would make changes to the Senate version. Slaughter has not taken the plan to Speaker Pelosi as Democrats await CBO scores on the corrections bill. “Once the CBO gives us the score we’ll spring right on it,” she said.

The Slaughter Solution has one very large obstacle–the Constitution Article I, Section 7–which states:

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I have to say, I did not agree with Sen. McCain during the 2008 campaign when he took the Guantánamo issue off the table by endorsing candidate Obama’s call to close it. The U.S. detention center at Guantánamo Bay, Cuba, is an ideal place to hold military tribunals for jihadists captured on the battlefield. And it would still be the ideal place to hold Umar Farouk Abdulmutallab, the 23-year old Nigerian jihadist, who tried to blow up his inbound jet in Detroit on Christmas Day.

Claims that detainees were being mistreated there were false. Capt. Pete Hegseth of Veterans for Freedom served at Guantánamo during the time that Newsweek and other liberal sources were spreading false claims that U.S. guards had “defiled” copies of the Koran. These false reports circulated throughout the world and sparked riots among Muslims.

Capt. Hegseth served a year at “Gitmo” with the New Jersey National Guard. He supervised guards at the detention facilities. He set the record straight. The only time their Korans were besmirched was when the detainees themselves threw human waste on their guards. Gitmo was never Abu Ghraib. No photos of abuse by guards ever came out of Gitmo, because there was none.

But if, after all is said and done, sensible voices in Congress do not prevail, then I have a recommendation for where the detainees should be held and tried. Adak was an important naval installation throughout the Cold War. It’s an island in the central Aleutians, that thousand-mile chain off Alaska.

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Today, in 1941, FDR signed the Lend-Lease Act, allowing the United States to ship supplies on loan to nations fighting Nazi Germany. At the end of 2006, Great Britain made its last annual payment ($83 million) to the United States, paying off its debts to the US arising from WWII.

The California Air Resources Board (CARB) is known for its relentless pursuit of initiatives to combat pollution and emissions it deems harmful, including carbon dioxide. However, one of its efforts designed to counter climate change has the agency attracting incoming fire, with critics charging that CARB is more concerned about the prospect of global warming than protecting the public from felons.

At issue is a CARB measure known as the “Cool Cars” rule that requires the application of certain additives to window glass. The theory behind the mandate is that reflective windshields will prevent cars from overheating, and thus reduce reliance on air conditioning, which affects how much fuel is burnt by a car. Proponents of climate change theory attribute changes in temperature to human activity, including the burning of fossil fuels, whereas skeptics charge that such theory amounts to a load of hot air.

What is certain in the debate over this mandate is that CARB’s action has a lot of people hot under the collar: While the glaze ostensibly prevents excess solar heat from entering cars, critics say it also seriously degrades the signal sent by a whole host of electronic devices, including GPS navigation systems, cellular phones and—perhaps most critically— ankle monitoring bracelets worn by felons, which utilize GPS technology.

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