It appears that the Bailout Bob Corker continues to ignore the pleas of his conservative allies and constituents and is close to reaching a deal on establishing a new consumer regulatory bureaucracy that in the words of Sen. Dodd, will be like one we have not seen before. Corker has told CNBC that the last stick point is not the principle of new regulation — he has capitulated on that point — but “administrative issues.”

The legislation includes Corker’s pet project, a “strong resolution mechanism for unwinding troubled companies.” News to Corker: For over 200 years, America had such a mechanism — it was called bankruptcy. But “unwinding” troubled companies is a code word for BAILOUT. The Federal Government, via the Federal Reserve, would be empowered to break-up, subsidized and bailout companies. As House conservatives warned during the House debate, enactment of the bill would establish bailouts as the official policy of the United States for decades to come. That’s why the House bill authorizes $4 trillion for the Federal Reserve.

Adding insult to injury, Reuters also reports that the Corker “reform” bill does not address the main culprit in the financial crisis — Fannie Mae and Freddie Mac. It does not address the issues associated with Community Lending that encouraged banks to lend to people who could never pay back their loans. It does not address ACORNS. All it does it layer more Washington bureaucracy on top of existing Washington Bureaucracy. Nice work, Bob.

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From the Milwaukee Journal Sentinel:

Five Wisconsin residents have been charged with criminal counts of voter fraud in the November 2008 general election, state Attorney General J.B. Van Hollen announced Monday.

Two of those charged – Maria Miles, 36, of Milwaukee, and Kevin Clancy, 26, of Racine – worked for the Association of Community Organizations for Reform Now (ACORN), the embattled community organizing group.

“The complaint alleges that Miles and Clancy submitted multiple voter registration applications for the same individuals, and also were part of a scheme in which they and other (special registration deputies) registered each other to vote multiple times in order to meet voter registration quotas imposed by ACORN,” the Van Hollen news release says.

Both were charged with one felony count.

ACORN could not be reached for comment Monday.

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All this talk about reconciliation is a distraction from the bigger picture: In one year Obama has lost his own party. He can’t get them to pass his signature bill. And now he has lost their trust. (Even though the media rarely mentions it, he had a filibuster proof majority in the senate and a super majority in the house and he STILL couldn’t get it done.)

The WSJ has a great piece on this

The cleanest option for Democrats would be for the House to pass the Senate’s Christmas Eve bill word for word, thereby bypassing a Senate filibuster under the normal rules and forwarding ObamaCare directly to the Rose Garden signing ceremony. But Speaker Nancy Pelosi has repeatedly said the votes simply don’t exist for the Senate bill as is…

Thus the convoluted scheme the White House has mapped out. The House would first pass the Senate bill, and then pass a reconciliation bill that addresses these objections—in effect converting the process into a makeshift and unprecedented vehicle for amendments…

Iron-clad promise—or double-cross? After all, the White House would much prefer the Senate bill, because by its lights the cost-control programs are tougher than what the House prefers…

In other words, perhaps Mr. Obama has embraced this reconciliation two-step only to renege as soon as the House gives him what he wants.

Add in Rep. Massa’s (D-NY) accusations that Obama’s boys booted him out because he voted against the “health care” bill and the allegations that Obama gave away a judicial appointment to Congressman Matheson (D-Utah) to get his vote for health care and the unbelievable has occurred. The bill looks sleazier than it did after the Cornhusker Kickback, The Louisiana Purchase and the Gator Aid.

Moderate Democrats can’t trust their own president. Getting ANY health care bill passed is now Obama’s top priority. He has convinced himself that it will be his legacy. He knows it’s very unpopular with the American people. (Even SNL knows that). But he believes the people just don’t know what’s good for them and they will eventually thank him for it. The lefties think you are too stupid to handle your own affairs – watch Robert Reich.

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“A Good Ricochet Point“

The Ricochet parade of governors continues as we are joined this week by Mississippi Governor (and Chairman of the Republican Governors Association) Haley Barbour as well as by John Hinderaker of the Powerline Blog, sitting in for Mark Steyn. We cover health care, Republican prospects for the fall, why governors matter, and if our guest may be thinking of running for a certain higher office.  We also reveal why Morgan Freeman chooses to live where he does and why Rob Long lives deep behind enemy lines. Questions or comments? Contact us at podcast@ricochet.com or become a fan on our FaceBook page.

As a gloomy, snowy February came to a close in the nation’s capital, so did the most recent circus attraction on Capitol Hill.  Several days of congressional hearings on the Toyota recalls didn’t exactly deliver many more facts for Americans but they did leave behind a plethora of speculation and opinion to feast upon.  While the saga now known as GasPedalGate flailed around quietly for several years, it’s suddenly taken center stage and today plays out like a bad made-for-TV-movie, complete with its villain, its victims, and most telling, a very long list of opportunists.

To see the full picture, the story begins in California with the history of General Motors and the United Auto Workers in the 1980’s, and GM’s rescue by Toyota through a little venture called NUMMI.  Today, in 2010, the NUMMI chapter nears its close.  But before it does, the Fremont, California plant and its rank and file workers will serve as unwilling pawns in what could turn out to be an orchestrated blueprint for incapacitating the strongest competitor to Government Motors and one of the most significant threats to labor unions here and around the globe.

Today’s rendition has been so manipulated and so propagandized, the facts have all but been removed from the storyline.  The bread crumb trail of truth has been trampled upon and so broadly scattered about, the trail is almost beyond the point of recognition.

The story that emerges is the collusion of forces in Big Labor, Big Government, Big Journalism, Big Litigators and Big Progressive Philanthropy.  And no, I’m not talking Breitbart sites.

The History of NUMMI

When a bankrupt and bailed out General Motors officially announced in June 2009 that it would be pulling out of its joint venture with Toyota, it marked the end of another era.

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Rep. Eric Massa (D-NY) has been pressured to resign his seat in Congress, due to allegations of sexual harassment. He have no information about the truth of the charges, but we find it interesting that the Democrat leadership moved so swiftly to push his ouster. Certainly, it has nothing to do with the fact that Massa was a vote against “cap-and-trade” and “ObamaCare.”

In the midst of a drive by Washington’s powerful ethanol lobby to expand what critics often deride as an artificially created, and government aided and promoted market for “fuel made from food,” the top administrator from the Environmental Protection Agency (EPA) Wednesday testified before the Senate Interior and Environment Appropriations Subcommittee, telling lawmakers the agency will make a final determination late summer on allowing higher levels of ethanol to be blended into gasoline.

The ethanol industry is currently petitioning the EPA for a waiver to increase ethanol blends in gasoline from 10 percent to 15 percent, in order to create a larger market–and artificial demand–for the fuel source.

Administrator Lisa Jackson said the agency’s decision awaits completion of Department of Energy (DOE) tests on ethanol—namely, how higher ethanol blends might adversely affect vehicle engines, a long-running concern of automakers and the marine leisure industry, among others—which she expects to receive by May. “We expect that once we get that additional data, and it will be publicly available, the EPA will be in a position to move toward a final decision on the waiver, late summer in the time period,” Jackson said in response to a line of questioning by ethanol booster Senator Ben Nelson of Nebraska.

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Since its founding, ShoreBank has been a progressive-minded bank focused on community development. However, it soon adopted the progressive commitment to environmentalism after founders Ron Grzywinski and Mary Houghton were approached in 1993 by Ecotrust, an environmentally-conscious firm focusing on debt for nature swaps in rainforest countries as well as environmental banking in the Pacific Northwest. The partnership of the two firms led to the establishment of ShoreTrust (now ShoreBank Enterprise Pacific) which provided financing, marketing and management assistance to small businesses in the Pacific coastal rain forest area. From there, the rest of the ShoreBank family eventually followed in adopting the green agenda.

For the entire story chronicling the founding of the bank and its move towards its environmental commitment, you may read Alka Srivastva’s dissertation for Case Western Reserve University here>>>.

From there, it did not take long for ShoreBank to incorporate environmentalism into its mission and formalize its commitment to the green agenda. In 1999, ShoreBank’s board of directors adopted a new conservation and development policy requiring the bank itself to reduce its waste and also encourage its customers to adopt more sustainable practices. The concept of environmental health then assumed its place alongside the goals of community development and profitability to form the “Triple Bottom Line” slogan that the company champions today. As evidence of its own commitment, ShoreBank has even addressed its own carbon emissions by purchasing offsets for 450 metric tons of C02 to offset emissions through 2010.

ShoreBank’s environmental advocacy is now prevalent throughout its dealings, both  in how it relates to its domestic banking customers, and in its international development objectives.

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There are serious protests going on in Albuquerque by a local Carpenters union. But one company is fighting back and the story is starting to get interesting. It turns out things aren’t exactly as they seem:

So temp employees without benefits are being hired by a union to protest a company that offers good wages and benefits? As Tony The Tiger would say, GRRREEEEEAAAAT.

Best part: the union watchman suddenly forgets English. Obviously, this is nothing new but it’s so easy to confuse people in the community who aren’t used to hearing about these kinds of campaigns.

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Washington is abuzz these days with talk of “reconciliation” a word in our usual lexicon that suggests bringing people together. In this case, however, it is a larceny of language. It is divisive and not conciliatory and it is, understandably, creating anguish and outrage among those who understand the subterfuge at play here. Political mischief is about to run amok as this corruption of Senate rules becomes the strategic center piece President Obama and the Democratic majority in Congress will utilize to ram their health care bill into law.

To be sure, the reconciliation process has been used a number of times during the past thirty years, usually without much angst or controversy. It has, essentially, been used in the past to remove legislative stumbling blocks to initiatives with fairly strong bi-partisan support. American tradition as well as old-fashioned common sense has generally dictated that consequential legislation enjoy broad bipartisan consensus and, in fact, the most ambitious reconciliation bills of the past have been, more often than not, popular on both sides of the aisle. In these cases, reconciliation was used for procedural reasons, not to force through a bill that couldn’t get 60 votes. It has, however, never been used to advance legislation that a substantial majority of Americans have said they do not want. Nor should it be.

It was one of the wisest and most respected of Democrats, the late Senator Daniel Patrick Moynihan, who warned his colleagues, “Never pass major legislation that affects most Americans without real bipartisan support. It opens the door to all kinds of political trouble.” It appears that the Administration and the congressional Democrats are, indeed, going to open the door to all kinds of political trouble. To paraphrase Professor Harold Hill who once bellowed in the musical comedy Music Man, “There’s trouble right (there) in River City”…the river now being the Potomac and the city being our nation’s capital, Washington, D.C.

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Study this USA Today chart and cry:

According to USA Today:

“Overall, federal workers earned an average salary of $67,691 in 2008 for occupations that exist both in government and the private sector, according to Bureau of Labor Statistics data. The average pay for the same mix of jobs in the private sector was $60,046 in 2008, the most recent data available.”

And let’s just add insult to injury:

“These salary figures do not include the value of health, pension and other benefits, which averaged $40,785 per federal employee in 2008 vs. $9,882 per private worker, according to the Bureau of Economic Analysis.”

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We send our young adults to university to be educated in the ways of the world, we all know. Following that well-worn path, young James Schackleford decided on the publicly funded Florida Atlantic University for his edification and boy did he learn a lesson about modern education last week. Mr. Schackleford learned that the FAU administration prefers its campus Islamic terrorist supporters over representatives of the conservative Young Americans for Freedom organization. He also learned that it’s open season on all conservatives at our American universities.

At the Boca Raton campus Mr. Schackleford determined that his school needed a chapter of YAF, a 40-year-old conservative student organization, and so gathered a few like-minded students to meet with YAF State Director Daniel P. Diaz to discuss how they should proceed on organizing a chapter in the school.

As the few gathered were meeting, university administrator David Blank* burst into the room and demanded that they cease their meeting and vacate the room. According to the YAF press release, Mr. Schackleford asked for an additional 15 minutes to finish and Blank acquiesced to the request. But the 15-minute grant was short lived.

Upon hearing Diaz address the liberal bias on the FAU campus, Blank stopped the meeting again and boorishly ordered the students to vacate the meeting room. Blank the shut off the room lights, tore down the group’s promotional posters, and called the campus police.

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Building on a previous post exposing that Harry Reid took the existing House-passed bill, H.R. 3590, entitled the Service Members Home Ownership Tax Act of 2009 and replaced the existing bill language, via an amendment, with the Senate’s version of the healthcare bill–creating a new H.R. 3590–the Patient Protection and Affordable Care Act (Engrossed Amendment as Agreed to by Senate).

I stand by my assertion that Reid took H.R. 3590–knowing that all bills that raise revenue must originate in the House per the Constitution–as evidenced by the actual bill text dated December 24, 2009 seen here in a screen shot and his trick:

This further confirms that the March 18th House healthcare vote is the final vote for passage; however, there are still many pundits who just don’t comprehend this fact.

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Friday night on National Public Radio, a fitting place to announce an unprecedented growth in federal power, Sen. Chris Dodd praised his partner in crime Sen. Bob Corker for working together to create an “independent, autonomous, rule- writing entity, unlike anything we’ve ever had before.”  That is exactly why Tea Party activists from across the Volunteer State gathered in front of Corker’s office this past week to protest his back room dealmaking.

Why would  Corker ignore his constituents and abandon all conservative principles to work for legislation that earns him praise from Chris Dodd of all people?  Here’s why.

The big banks and Wall Street firms support the President’s Financial Reform package.  The House passed bill contains the mother of all bailouts — a $4 trillion authorization for the Federal Reserve to continue to bailout firms for decades to come.  In fact, as conservatives in the House reminded us when the Obama/Frank bill was on the floor, this bill makes bailouts the permanent policy of the US government.  And who gets those bailouts?  The same banks and firms that support the bill.  And who does Wall Street rain campaign contributions on?  None other than Bailout Bob Corker.

Corker has raised over $3 million from Wall Street and related firms since being elected to the Senate.  That’s a lot for a freshman Senator.  It seems like Wall Street is finally getting a good return on their investment.

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This latest example of mainstream media fraud comes from St. Louis, and features coverage of the so called “Coffee Party”.

The following clip is only 2 minutes long, so watch all of it, and then look at the images below to understand why this video is nothing short of media prostitution for their progressive cause.

This report attempts to paint a picture of a moderate, open minded movement in the process of conducting early, friendly gatherings.

:25 – Brewing yes, but steamed? Well, not if they can help it.

:45 – Leaders of this group say civility is their first priority

:55 – We’re not looking to balance extremes. When we sit down for a cup of coffee, we’re not at each other’s throats.

1:37 – Organizers say they are just volunteers, and invite those with different opinions to join their effort to swallow their pride in the interest of progress.

1:44 – [Organizer] I don’t particularly think it is useful to sit at a table with only people who see things the way I do.

But context is everything, and this report ignores some glaring facts which betray the lies being pushed in this story.

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Some Defense Department lawyers are worried. Actually, quite a few of them are. They see a train wreck coming with the Obama administration’s evolving Guantanamo Bay detainee policies. Since it is DOD lawyers tasked with much of the footwork for administration decisions, they see firsthand how disorganized, inept, and ideologically extreme the handling of the issue has been. The DOJ, now thoroughly politicized and partisan under Eric Holder, is lock step with Obama’s White House on the issue, and is thoroughly at odds with its legal counterparts in the DOD. At a time when former Guantanamo Bay detainees are battling US forces in Afghanistan, and Jihadists are resurgent worldwide, the country can ill afford the administration’s criminalizing of admitted terrorists or of enemy combatants captured in battle against US forces.

What DOD lawyers are worried about are second-order effects. Namely, the unanticipated consequences of decisions made without due consideration or examination of facts. They are deeply concerned that the administration’s political appointees making decisions on the issue are as likely to be chosen for ideological purity as they are for their acumen on applicable laws. The political appointees are perceived by many in the DOD as caring more for their political ideological creed than for the safety of US citizens, or for the responsible stewardship of tax dollars. It is Leftist canon that Guantanamo Bay be closed, the risks and consequences be damned. Every policy decision pursuing that goal equates to thousands of man hours for DOD lawyers and millions of dollars.

DOD attorneys, including prosecutors and defense attorneys of all political stripes, are of the opinion that closing Guantanamo Bay is an illogical and irresponsible political move made without the facts, and one that will cost billions. No stateside facility has the resources Guantanamo Bay does. As for which stateside facility should replace Guantanamo, the administration cannot make up its mind. As Obama’s minions position for optimum political influence, they have flitted from military sites in Leavenworth, Kansas and Charleston AFB, South Carolina, to civilian facilities in Standish, Michigan and Thomson, Illinois.

The MSM has been telling Americans less that the truth on the detainee issue. Americans have not been told how well thought out was the construction of Guantanamo Bay. Its courtroom was designed by the William and Mary Law School – it is state of the art, capable of handling testimony involving top secret evidence. It has a media center. As for the detainees, forget the horror stories that represent the disinformation tactics of terrorist sympathizers who aim to sway public opinion. Detainees receive the best in medical and dental care. They have daily access to soccer fields. They have exercise areas that overlook the Caribbean, books and movies, as well as a menu where they can choose from several entrée’s cooked to Islamic Halal standards.

They are not tortured and they never were.

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Today, in 1817, the New York Stock Exchange was founded. In its life, it became the financial capital of the world. Senators Chris Dodd and Bob Corker are now negotiating to move that title overseas.

As anyone who has any recollection of the aftermath of the 2008 election cycle knows, the GOP is hopelessly behind on the internet, cannot possibly marshal any web resources on its behalf because it’s stuck in the 19th century politically and will be eclipsed by the forces of Web 2.0 as surely as Democrats were eclipsed by talk radio.

Or at least, that’s what the Mainstream Media force-fed to people after the 2008 election cycle. Naturally, like most Mainstream Media memes, it was an abject lie, but still, somehow the fear worked its way around establishment GOP circles to the point that a veritable avalanche of hysteria crashed down on party activists. “Why, if the internet swings to the Left,” many supposedly “concerned conservative” commentators opined, “then surely our restrictive, overly ideological makeup will make it impossible for us to attract anyone!”

One can’t blame them for buying an argument which was made with such nauseating frequency. Yet, as recent events since the Obama election have shown, the idea that conservatism cannot capture the internet is not at all accurate. What few people may realize, however, is why this argument was so inaccurate, and more importantly, why it took a Messianic bumbler like Obama to expose its falsehood. With respect, therefore, I must disagree with my fellow contributor’s rejection of youth culture as something irrevocably tainted by liberalism, though I understand his frustration entirely.

However, as I mean to prove, the current youth ethos embodied by internet subculture is fundamentally conservative in character, even if its denizens have not yet caught on to that fact. In order to prove this, I will draw on knowledge that I have gained both as an avid internet user and as a member of a generation for whom digital communication is a second language – knowledge which would require investigating not only the harmless environs of Youtube, Facebook and Twitter, but also the darkest, least talked about nether-regions of the internet – websites which produce 90% of the internet’s cultural references, and yet are so riddled with perversity that their own patrons take it as an unspoken rule never to talk about them.

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Militant socialists were out in full force Thursday, March 4th, for a “Day of Action to Defend Public Education.”  The nationwide event was organized by fringe, left-wing groups like Michigan’s “By Any Means Necessary,” Ohio-organized “Community Organizing Center for Mother Earth,” Los Angeles-based “County Peace and Freedom Party,” the “League for the Revolutionary Party” of New York, and North Carolina’s “Destroy Industry.”

In Detroit, a chap representing the Che Guevara-loving, Mumia Abu-Jamal-supporting “FIST Youth” educated a crowd of about two dozen about the virtues of socialism.  He also lectured on the Soviet Union, its roots and the glory days when the “people’s council” made all of the important decisions.

Strangely, that’s not the Soviet Union I learned about in public school.  I was taught about a ruthless nation that annihilated the United States.  I learned about a Soviet Union that starved its people and constructed drab buildings while its leaders lived the high life. (Well, that last part I had to find out on my own.)

But that’s enough of my take on the socialist rally in Detroit.  You can enjoy the history lesson for yourself.

I respect this guy - he represents the strain of socialism that lays it all out for America to ponder.  That’s more than I can say for our current leaders, who couch their true beliefss in poll-tested phrases and flowery language.

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