Category Archives: senate
Integrity Beyond Question
Attorney General Loretta Lynch was caught red handed discussing grandkids with Bill Clinton. Bill’s wife, Hillary, was under investigation at the time for her secret email server. So the AG turned over her decision making authority in the caper to FBI Director James Comey.
When Comey decided not to prosecute, a Greek Chorus of Democrats sang his praises. But when he reopened the case, due to emails found on Carlos Danger’s laptop, they changed their tune.
Integrity Beyond Question
Harry Reid, having pronounced Comey’s integrity beyond question, questioned it by accusing him of violating the Hatch Act. At least he hasn’t accused Comey of not paying his taxes. Yet.
Republican Losers
The voters are angry because the Republican establishment consists of a bunch of losers who won’t change the status quo.
Made sense to me.
But WSJ establishment guy Bret Stephens doesn’t see it that way. When President Obama came to power he had control of the House and Senate. He signed Obamacare without a single Republican vote. Stephens thinks Republicans have accomplished a lot since then:
These were significant political achievements, which only awaited a serious presidential candidate to lead to a sweeping Republican restoration.
Reagan Legacy
Living Breathing Constitution
Scalia once said, “The constitution is not an organism. It’s a legal text.” He didn’t believe in a living breathing constitution. Obama does.
Alive or dead, the constitution gives Obama the right to appoint a successor to Scalia. It also gives the Senate the right to ignore him or turn him down. Obama agreed with that back when he was opposed to executive overreach. As a senator, he called Alito un-American and filibustered Bush’s appointment of him.
At the time, Obama told ABC News that he supported the filibuster”because I think Judge Alito, in fact, is somebody who is contrary to core American values, not just liberal values.” Obama said the court needed to “provide some check on the executive branch, and he has not shown himself willing to do that repeatedly.”
Could be a campaign theme. Here’s Joe Biden with the 2012 campaign theme.
Yellen Takes Off Training Wheels
Janet Yellen took the training wheels off the economy on Wednesday. After seven years of near zero percent interest rates, the Fed hiked rates a quarter percent.
Meanwhile, Congress passed a 2,000 page, 1.2 trillion dollar budget. That tacked another 157 billion onto the 18.5 trillion dollar national debt.
Yellen
On Friday the Dow dropped 370 points.
David Stockman says, “sell the bonds, sell the stocks, sell the house”. IBD wonders if the markets know something the Fed doesn’t.
