Posts Tagged ‘Clinton’

Lee Stranahan

Race Baiting in South Carolina Primary Politics? Just Ask Hillary Clinton

by Lee Stranahan

If the Juan Williams race baiting debate attack on Newt Gingrich somehow leaves you with any doubt that there’s something about the South Carolina primaries that seems to bring out the worst in this sort of political behavior, you need look no further than the 2008 Democratic primary to see just how down and dirty things can get in the Palmetto State.

Four years ago, the Democratic primary was split with Sen. Barack Obama winning the Iowa caucuses and Hillary Clinton pulling out a comeback victory in New Hampshire. The political tag team of Bill and Hillary Clinton felt secure about the South Carolina black vote because of President Clinton’s persistent high approval ratings among African-Americans, but they were about to get their first real taste of Sen. Obama’s Chicago-style political game. Sen. Obama and his team were able to take a couple of innocuous statements by the Clintons and twist them into a race related controversy.

It started when Hillary Clinton said to an interviewer on Fox News;

I would point to the fact that that Dr. King’s dream began to be realized when President Johnson passed the Civil Rights Act of 1964, when he was able to get through Congress something that President Kennedy was hopeful to do, the President before had not even tried, but it took a president to get it done.

That’s the complete quote but the New York Times ran no less than three separate stories that shortened it to;

“Dr. King’s dream began to be realized when President Lyndon Johnson passed the Civil Rights Act of 1964,” Mrs. Clinton said in trying to make the case that her experience should mean more to voters than the uplifting words of Mr. Obama. “It took a president to get it done.”

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Dan Mitchell

Senator Schumer’s Dishonest Grasp of Fiscal History

by Dan Mitchell

I’m not a big fan of Senator Schumer of New York. As I’ve noted before, he’s a doctrinaire statist who wants the government to have control over just about every aspect of our lives.

But that describes a lot of people in Washington. I guess what also bothers me is his willingness to say anything, regardless of how divorced it is from reality, to advance his short-run political agenda (sort of a Democrat version of Karl Rove).

For example, here’s part of what the clownish Empire State  Senator recently had to say about fiscal policy, as reported by a Washington Post columnist.

Schumer said, “…Republicans came in and said, `We can solve your problem by shrinking government’…We tried their theory…The American people resent government paralysis, but most of them would say that government is doing too little to help them, not too much.”

What’s remarkable about this statement is that it’s so inaccurate that we can’t even decipher what he means. I’ve come up with three possible interpretations of what he might have been trying to say, and they’re all wrong.

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Jeff Dunetz

Time for Some Truth: Bill Clinton NEVER Balanced A Budget And NEVER Ran A Surplus

by Jeff Dunetz

On Friday Former President Bill Clinton spoke at the dedication of a bridge at his Presidential library.  During his address he complained that Republicans try to take too much credit for his welfare reform legislation and for balancing the budget. The two parties can argue about who was behind welfare reform, but no one deserves credit for balancing the budget.  The truth is  the United States federal budget was not balanced in any of Bill Clinton’s eight years as President. Not once!

The federal government has two types of debt public debt and intra-governmental debt.  Public debt is comprises securities held by investors outside the federal government, including that held by investors, the Federal Reserve System and foreign, state and local governments  Intra-governmental debt comprises Treasury securities held in accounts administered by the federal government, such as the Social Security Trust Fund.

Traditionally the annual federal government budget deficit or surplus is the cash difference between government receipts and spending, ignoring intra-governmental transfers. This is a trick as intra-governmental debt needs to be repaid just like the publicly held debt. This is also how Clinton claimed a surplus in three out of his last four years. (Source for all of the numbers below, US Treasury Direct).

Fiscal
Year
End
Date
Public
Debt
Claimed Surplus
FY1997 09/30/1997 $3.789667T
FY1998 09/30/1998 $3.733864T $69.2B
FY1999 09/30/1999 $3.636104T $122.7B
FY2000 09/29/2000 $3.405303T $230.0B
FY2001 09/28/2001 $3.339310T

These figures include the public debt but not the intra-governmental debt.  Its like paying off your American Express card while ignoring the fact that your Mastercard over the limit and months past due. Your Amex looks great but your budget is not balanced.

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Tom Fitton

DNC Fundraises from Inside the White House?

by Tom Fitton

Has the Obama White House stolen a few pages from the Clintons’ well-worn campaign fundraising playbook?

According to last week’s  New York Times, recent secret meetings with Wall Street executives inside the Obama White House are more than raising eyebrows:

A few weeks before announcing his re-election campaign, President Obama convened two dozen Wall Street executives, many of them longtime donors, in the White House’s Blue Room.…

The event, organized by the Democratic National Committee, kicked off an aggressive push by Mr. Obama to win back the allegiance of one of his most vital sources of campaign cash — in part by trying to convince Wall Street that his policies, far from undercutting the investor class, have helped bring banks and financial markets back to health.

Of course the Obama White House response was predictable: “Nothing to see here.” Politico reported White House Press spokesman Jay Carney told reporters aboard Air Force One, “What needs to be made clear is, contrary to suggestions otherwise, this was not a fundraiser.”

Really? Nothing wrong with the meeting? Then why was there no mention of it on the President’s public schedule?

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Tom Fitton

WeinerGate and Congressional Disgrace

by Tom Fitton

Judicial Watch’s mission is, in part, to advocate high standards of ethics and morality in our nation’s public life. The Anthony Weiner scandal is but the latest example of how these standards of ethics and morality are so lacking.

Our friend Andrew Breitbart’s Big Government broke the story of the New York Democrat congressman’s sending of unsolicited lewd photographs of himself to women on the Internet, and now it appears he was sending those pictures to underage girls. Weiner, who is married, spent a week lying (rather obviously) about his activities to the public, to his colleagues in Congress, and to virtually every major news outlet. This past Monday, he finally admitted his lies but said he would not resign from Congress. The Democrat leadership is horrified and trying to push him to resign. House Minority Leader Nancy Pelosi even requested an “ethics” investigation by the House Ethics Committee! Republicans, who have had more than their fair share of scandals, are happy to sit back and watch.

Most of you, Dear Readers, are not from Washington, so I won’t insult you by spending time explaining to you why Weiner should resign. Unfortunately, there is a certain amoral, cynical crowd that thinks no sexual misconduct (or related criminality) warrants resignation from public office. It used to be called the Clinton administration. It is no coincidence that Weiner is close to Clinton and that Weiner seems to consider Clinton his confessor. The Clinton example shows the way for Weiner. It also highlights the rank hypocrisy of liberals in Congress who are screaming for Weiner’s resignation when those same people applauded Bill Clinton on the day of his impeachment.

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Dan Mitchell

Bush Was Not a Conservative

by Dan Mitchell

There’s an interesting debate in the blogosphere about whether President George W. Bush was a conservative (here’s a good summary of the discussion, along with lots of links, though I especially like this analysis since it cites my work.).

I’ve already explained that Bush was a statist rather than a conservative, and you can find additional commentary from me here, here, here, and here.

Simply stated, any President who doubles the burden of federal spending in just eight years is disqualified from being a conservative – unless the term is stripped of any meaning and conservatives no longer care about limited government and constitutional constraints on Washington.

But if you don’t want to read the blog posts I linked above, this chart should make clear that Bush was a big spender, not only when compared to Reagan, but also compared to Clinton. Moreover, we’re only looking at overall domestic spending, so this doesn’t include Iraq, Afghanistan, and other defense expenditures. And these are inflation-adjusted dollars, so we’re comparing apples to apples.

But let’s also examine the burden of domestic spending as a share of GDP. As you can see, there actually was progress during the Clinton years, and significant progress during the Reagan years. But all that was completely wiped out during the Bush presidency.

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Tom Fitton

Judicial Watch Gets Hillarycare Docs…After 5-Year Legal Battle

by Tom Fitton

After a five-year battle with two presidential administrations, Judicial Watch finally got notification of a large cache of documents at the Clinton Presidential Library related to Hillarycare. How large? Try 54,527 pages.

No matter what we find, this much I know: It should never have taken five years to obtain documents that were (a) 13-years-old at the time of our initial request and (b) were supremely relevant to the ongoing discussions regarding Obamacare.

We can speculate as to why the Bush administration would have refused to release the documents. Former President Bush demonstrated distaste for exposing the Clinton scandals from the get-go. Perhaps he feared retaliation by the Clinton smear machine. Or perhaps he simply wanted to move beyond the controversies of the past, as he publicly expressed. It was our experience that his administration was generally hostile to open records laws, which had the coincidental effect of helping protect him, the Clintons, and his father!

We can speculate as to why the Obama administration, the self-promoted “most transparent” administration in history, kept these documents secret until after Obamacare was signed into law. President Obama apparently wanted to avoid any comparisons between his healthcare reform initiative and that of the former First Lady, an unpopular boondoggle that nearly forced President Clinton from office. Oh, and he likely did not wish to embarrass his Secretary of State or Bill Clinton, a prolific influence peddler and money-man for the Democrats.

After all, the similarities between Hillarycare and Obamacare, both in terms of policy and in terms of execution, are many — which is not surprising, as both involve the socialist effort to have the government take over the health care industry.

July 2008, Judicial Watch did manage to force the release of some Clinton Presidential Library records related to Hillary Clinton’s healthcare campaign. (You can view them all here.) Certainly the Obama administration viewed the negative press coverage these documents earned as a threat to their drive for socialized medicine.

Check out the following excerpts from documents we uncovered and you’ll see what I mean.

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Dan Mitchell

Spending Restraint Works: Examples from Around the World

by Dan Mitchell

America faces a fiscal crisis. The burden of federal spending has doubled during the Bush-Obama years, a $2 trillion increase in just 10 years. But that’s just the tip of the proverbial iceberg. Because of demographic changes and poorly designed entitlement programs, the federal budget is going to consume larger and larger shares of America’s economic output in coming decades.

For all intents and purposes, the United States appears doomed to become a bankrupt welfare state like Greece.

But we can save ourselves. A previous video showed how both Ronald Reagan and Bill Clinton achieved positive fiscal changes by limiting the growth of federal spending, with particular emphasis on reductions in the burden of domestic spending. This new video from the Center for Freedom and Prosperity provides examples from other nations to show that good fiscal policy is possible if politicians simply limit the growth of government.


These success stories from Canada, Ireland, Slovakia, and New Zealand share one common characteristic. By freezing or sharply constraining the growth of government outlays, nations were able to rapidly shrinking the economic burden of government, as measured by comparing the size of the budget to overall economic output.

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Dan Mitchell

To Fix the Budget, Bring Back Reagan…or Even Clinton

by Dan Mitchell

President Obama unveiled his fiscal year 2012 budget today, and there’s good news and bad news. The good news is that there’s no major initiative such as the so-called stimulus scheme or the government-run healthcare proposal. The bad news, though, is that government is far too big and Obama’s budget does nothing to address this problem.

But perhaps the folks on Capitol Hill will be more responsible and actually try to save America from becoming a big-government, European-style welfare state. The solution may not be easy, but it is simple. Lawmakers merely need to restrain the growth of government spending so that it grows slower than the private economy.

Actual spending cuts would be the best option, of course, but limiting the growth of spending is all that’s needed to slowly shrink the burden of government spending relative to gross domestic product.


Fortunately, we have two role models from recent history that show it is possible to control the federal budget. This video from the Center for Freedom and Prosperity uses data from the Historical Tables of the Budget to demonstrate the fiscal policy achievements of both Ronald Reagan and Bill Clinton.

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William Shughart II

Obama’s Regulatory Deja Vu: Dude, It’s Been Done, and It Flopped

by William Shughart II

President Obama, in his State of the Union address Tuesday night, was right to focus on the challenges the United States faces as domestic companies try to compete with low-cost global competitors. But he was wrong to suggest that the United States can “win the future” by getting Washington more involved in innovation and education.

As the president conceded elsewhere, Washington is, in fact, a big part of the problem—with high corporate tax rates and excessive regulation.

Just a week earlier in a Wall Street Journal article, the president elaborated on this, rhetorically declaring a truce with business and laying out the administration’s strategy for moving “toward a 21st-century regulatory system.”

Mr. Obama said this new system would need to strike a balance between the innovativeness, job-creating capacity and robust growth produced by free markets and the responsibility of government to impose “common-sense rules” to protect the public. He called for a “government-wide review of . . . rules already on the books,” and said that “careful consideration” would be given to the costs and benefits of all pending regulations. But as Yogi Berra once said, “This is like deja vu all over again.”

Presidents Clinton and Reagan both signed executive orders requiring that proposed federal regulations be implemented only if their economic benefits exceeded the costs of complying with them. Reagan even established a branch within the Office of Management and Budget—the Office of Information and Regulatory Affairs (OIRA)—to make sure executive branch agencies complied. The executive orders by and large were ineffective.

In fact, the federal government has been expanding its control of the private economy since the 1890s, on the theory that vulnerable people must be protected from cradle to grave by an omniscient bureaucracy that knows what’s best for them. The growth in regulation typically has been justified by analyses, prepared by the regulatory bureaus themselves, which grossly overstate regulation’s benefits and understate its costs.

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Publius

Clinton: Obama Admin to Sue Arizona Over Immigration Law

by Publius





Transcript from Real Clear Politics:

Clinton: President Obama has spoken out against the law because he thinks that the federal government should be determining immigration policy. And the Justice Department, under his direction, will be bringing a lawsuit against the act. But the more important commitment that President Obama has made is to try to introduce and pass comprehensive immigration reform. That is what we need. Everyone knows it, and the President is committed to doing it.

Central Illinois  9/12 Project

Shorebank Bailout: The Ties that Bind

by Central Illinois 9/12 Project

The Central Illinois 9/12 Project became one of the first to expose — beginning this past March on BigGovernment.com – Shorebank’s extensive green and microfinancing agendas, in anticipation of that bank’s impending bailout.  Shorebank, a Chicago-based, community-based investment bank, is focused on domestic and foreign microfinancing, is heavily engaged in the financing of “green” projects and green” jobs, and has a host of ties to the Obama and Clinton administrationsMost recently, we wrote in April about Shorebank seeking a “bailout” from larger financial firms that have previously received bailout money from the federal government. Congresswoman Jan Schakowsky had previously proposed that the bank receive funds from the State of Illinois to help cover its loss of capital since the beginning of the nation’s economic downturn in 2008.

9d6879f14be8dd401089a250b735d2b8faa069dd

As we previously wrote, Shorebank would potentially be eligible for TARP funds if it were to be recognized as a “Community Development Financial Institution.” In order to to received needed federal TARP money and prevent seizure by the FDIC, Shorebank needed to receive appropriate matching funds from private sources.  News stories have been released over the past several days indicating that Shorebank has potentially received such funding.

Shorebank has reportedly received $20 million from General Electric, $20 million from Goldman Sachs, and $20 million from Citigroup – with additional large funds being promised by J.P.Morgan Chase, Bank of America, and Morgan Stanley. Shorebank also has received funds from the Northern Trust Corporation, State Farm, and Harris N.A.  It has been reported that the bank could also receive funds from Wells-Fargo and PNC Financial Services.  Assistance from these financial institutions puts Shorebank’s raised capital from private sources within the range needed to make it eligible for TARP funds.

As we reported previously, Citigroup, Bank of America, and Chase all received tens of billions of dollars in taxpayer money from TARP.  Does this then mean that Shorebank is being bailed out by bailout money?

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Thomas Del Beccaro

Tea Parties, Third Parties and the Republican Party

by Thomas Del Beccaro

The struggles of the Democrats and the Republicans are making news.  The Democrats are learning that it is far easier to make campaign promises than it is to govern. As for Republicans, the party that loses the Presidential election often spends the off-year attempting to refine its message if not find a new message and new messengers. In the watchful eye of 24/7 cable news channels and the Internet, however, such political soul searching can appear rather untidy.  As the calendar turns, the process remains unresolved for Republicans to say the least.  Worse than mere overexposure, according to Rasmussen polling, despite Obama’s falling polls and Democrat divisions, the Republican Party would fare worse in an upcoming election than the Tea Party – a “Third Party” that, as of yet, does not exist.  It is no minor issue because with the help of Tea Party activists, Republicans certainly can beat Democrats next year – without them they may not.

Tea Party-11a_storyphoto

It would seem evident to many that the Tea Party movement should be the natural ally of the Republican Party.  After all, the issues that inspire most Tea Party activists should not be inimical to Republican Party leaders.  However, the fact that the Tea Party movement is at odds with certain aspects of the Republican establishment belies the greater issue as to why the Tea Party movement – and its potential to be a 3rd Party movement – arose at all.

It is worthy, as part of this discussion, to note that the rise and fall of third party movements and candidates is directly tied to whether voters perceive the existing parties as being successful.  In this context, successful means providing effective leadership on the major issues of the day.

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Publius

Rush Limbaugh Reacts to Obama’s Nobel Peace Prize Win

by Publius

From an email to Newsweek:

limbaugh smoke

“The Nobel gang just suicide bombed themselves. Gore, Carter, Obama, soon Bill Clinton. See a pattern here? They are all leftist sell-outs. George Bush liberates 50 million Muslims in Iraq, Reagan liberates hundreds of millions of Europeans and saves parts of Latin America. Any awards?… Obama gives speeches trashing his own country and for that gets a prize, which is now worth as much as whatever prizes they are putting in Cracker Jacks these days.”

“This fully exposes the illusion that is Barack Obama. It is a greater embarrassment than losing the Olympics bid. And with this ‘award’ the elites of the world are urging Obama, THE MAN OF PEACE, to not do the surge in Afghanistan, not take action against Iran and its nuclear program and to basically continue his intentions to emasculate the United States. They love a weakened, neutered U.S and this is their way of promoting that concept.  I think God has a great sense of  humor, too.” (more…)