Fannie and Freddie: the dirty dance goes on 159
Lending to borrowers who could not afford to buy homes was the root cause of the economic collapse which has plunged America into debt for generations to come.
Lending to borrowers who cannot afford to buy homes continues as before under the Obama administration.
Leading the dance of corruption is Fannie Mae and Freddie Mac.
The lords of the dance are Barney Frank and Chris Dodd.
The leader of the band is Pay Czar Kenneth Feinberg.
Obama calls the tune.
Today at Townhall, Bruce Bialosky writes this about it:
[Fannie Mae and Freddie Mac], which together own or guarantee over one half of home mortgages, and which had previously been injected with a $111 billion bailout, received an unexpected Christmas present from the Obama Administration: an executive order, issued in the dark of the night … The Treasury announced they were eliminating the $400 billion limit available to these two entities – in essence giving them license to fritter away as much money as they want while the American people (and their grandchildren) pick up the tab…
The story gets even better. The top executives are in line to receive $6 million compensation packages for 2009. Apparently, the fact that Fannie Mae lost $56.9 billion and Freddie Mac has lost $14.1 billion in the first 9 months of 2009 did not stop the Obama Administration from approving these payments. The Treasury claims that the compensation meets the guidelines set out by Kenneth Feinberg, the Pay Czar; however, it appears that the minimum salaries of $900,000 far exceed the $500,000 limit that Feinberg had previously established.
Compensation of Fannie and Freddie executives has been suspicious for a long time. Typically, executives would be given huge pay packages, and then funnel some of the money back to their favorite politicians to impede the oversight process. Franklin Raines and James A. Johnson, two directors who received enormous sums of money, ran Fannie Mae into the ground only to be rewarded by the Obama Administration until political pressure forced them into private life.
Skepticism abounds as to why the Obama Administration would make such a move when we already have a $289 billion commitment for additional funding to underwrite losses from the twin entities. Treasury Secretary Geithner claimed that they just wanted to stabilize the mortgage market, but, if this was of such great importance and urgency, why was it done so secretively?
What seems to be missing is major reform of the lending practices. There’s no evidence that they’ve become more vigilant in their loan procedures, or more attentive to the credit-worthiness of the borrowers. In fact, it seems pretty clear that they have resumed their lending habits of old.
Proportional fault has never been placed on Fannie Mae and Freddie Mac for the subprime loan crisis.
Because these entities have been protected by Barney Frank in the House and Christopher Dodd in the Senate, the two lenders have escaped the kind of brutal public scrutiny visited upon banks and other lenders. While bankers have been on the hot seat and skewered by late night comedians, the people who run these behemoths have escaped unfazed.
The most intrusive program ever devised 109
Today, in the Wall Street Journal, Senator Orrin G. Hatch, law professor J. Kenneth Blackwell, and legal analyst Kenneth A. Klukowski write a clear, informative article on why the health-care bill is unconstitutional.
Read it in full here.
Excerpt:
President Obama’s health-care bill is now moving toward final passage. The policy issues may be coming to an end, but the legal issues are certain to continue because key provisions of this dangerous legislation are unconstitutional. Legally speaking, this legislation creates a target-rich environment. We will focus on three of its more glaring constitutional defects.
First, the Constitution does not give Congress the power to require that Americans purchase health insurance. Congress must be able to point to at least one of its powers listed in the Constitution as the basis of any legislation it passes. None of those powers justifies the individual insurance mandate…
It is one thing … for Congress to regulate economic activity in which individuals choose to engage; it is another to require that individuals engage in such activity. That is not a difference in degree, but instead a difference in kind. It is a line that Congress has never crossed and the courts have never sanctioned…
A second constitutional defect of the Reid bill passed in the Senate involves the deals he cut to secure the votes of individual senators… This selective spending targeted at certain states runs afoul of the general welfare clause.
A third constitutional defect in this ObamaCare legislation is its command that states establish such things as benefit exchanges, which will require state legislation and regulations. This is not a condition for receiving federal funds, which would still leave some kind of choice to the states. No, this legislation requires states to establish these exchanges or says that the Secretary of Health and Human Services will step in and do it for them. It renders states little more than subdivisions of the federal government.
This violates the letter, the spirit, and the interpretation of our federal-state form of government… [T]he Constitution forbids the federal government from commandeering any branch of state government to administer a federal program. That is, by drafting and by deliberate design, exactly what this legislation would do…
This hardly exhausts the list of constitutional problems with this legislation, which would take the federal government into uncharted political and legal territory…
America’s founders intended the federal government to have limited powers and that the states have an independent sovereign place in our system of government. The Obama/Reid/Pelosi legislation to take control of the American health-care system is the most sweeping and intrusive federal program ever devised. If the federal government can do this, then it can do anything, and the limits on government power that our liberty requires will be more myth than reality.
Brought to book 254
Documents from the secret archives of the Vatican have been published in a book by a Belgian publisher, VdH Books.
Some are of great interest.
From the Telegraph:
The book documents the Roman Catholic Church’s often hostile dealings with the world of science and the arts, including documents from the heresy trial against Galileo and correspondence exchanged with Erasmus, Voltaire and Mozart. …
Voltaire? Whatever did he say and to what pope?
One document shows the Mongols pursuing world conquest in the manner of Islam, to which they were soon afterwards to convert –
In a letter dated 1246 from Grand Khan Guyuk to Pope Innocent IV, Genghis Khan’s grandson demands that the pontiff travel to central Asia in person – with all of his “kings” in tow – to “pay service and homage to us” as an act of “submission”, threatening that otherwise “you shall be our enemy”.
Of course popes had their fingers in many a foreign pie –
Another formal letter in the archive highlights the papacy’s political role. In 1863 Jefferson Davis, the president of the Confederate States, wrote to Pope Pius IX claiming that the civil war raging across America was entirely due to “Northern aggression. We desire no evil to our enemies, nor do we covet any of their possessions; but are only struggling to the end that they shall cease to devastate our land and inflict useless and cruel slaughter upon our people.”
They were not punctilious about paying their debts –
Other letters in the archive are more personal. In a 1550 note, Michelangelo demands payment from the papacy which was three months late, and complains that a papal conclave had interrupted his work on the dome of St Peter’s Basilica.
Some of the paper evidence is hard to square with what actually happened –
A yellowed parchment covered in neat black script reveals details of the 14th century trials of the Knights Templar on suspicion of heresy, after which members of the warrior-monk order were pardoned by Pope Clement V.
Pardoned by a pope they may have been, but the last of their Grand Masters was burnt to death in Paris by King Philip the Fair in 1314 in a not unusual display of Christian love and forgiveness.
Some of the documents are already well-known, including a parchment letter written by English peers to Pope Clement VII in 1530, calling for Henry VIII’s marriage to Catherine of Aragon to be annulled. An entreaty written to Rome by another British monarch, but in very different circumstances, is also reproduced in exquisite detail. In 1586 Mary, Queen of Scots, wrote from Fotheringay in Northants to Pope Sixtus V, a few months before she was beheaded for plotting against her cousin, Queen Elizabeth I, pledging her eternal allegiance to Rome.
Some need to be read in full –
The documents include letters written to Hitler by Pope Pius XI in 1934 and one received by his controversial successor, Pius XII, from Japan’s Emperor Hirohito.
What, we wonder, has persuaded the Vatican to reveal some of its secrets? And what is it still hiding that would illuminate its own history? Are there documents that would shame it even more than it has openly shamed itself? Hardly seems possible!
A disclaimer 18
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Islam the enemy of mankind 83
It’s absurd to keep repeating, every time a Muslim tries to kill as many non-Muslims as possible in Islam’s war against the rest of us, that ‘most Muslims’ are not doing it. There are well over a billion Muslims in the world, at some estimates as many as 1.4 billion. If only 10% of them actively engage in violent jihad, that’s a huge horde. Islam demands that all Muslims engage in the jihad, either violently or by assisting the actively violent. Islam itself is the cause of the war.
Islam does not deserve respect just because it is a religion. Quite the opposite. Even if it were a ‘religion of peace’, which it explicitly is not, there’d be nothing respectable about it. What is respectable about belief in the supernatural? But its being a creed of massacre and cruelty in the name of its vicious beliefs makes it positively inimical to civilization, liberty, tolerance, peace, everything that makes life supportable. Islam is the enemy of mankind.
The Islamic hordes of death are conquering Europe by slowly repopulating it as the indigenous Europeans die out. From there, especially from Britain, they are striking against America. The president of the United States does not want to admit this is happening – a wilful blindness that greatly increases the peril.
Mark Steyn, who was one of the first to raise the alarm about Islam’s conquest of Europe by demographic means, writes:
It’s good to know the President has abandoned his laughable assurances that the Pantybomber was an “isolated extremist”. After all, when the leader of the global hyperpower says things that any reasonably informed person at home and abroad knows are complete twaddle, he makes his country look stupid to the world. But I think we’re still missing the larger point here.
So the President’s conceded Mr Abdulmuttalab was in Yemen. Good. But, by the time a guy gets on the plane to Sana’a, he’s already on board for jihad. All they do in Yemen is the training. So where was he radicalized and recruited and when did he decide to embrace a life of terror? … Whom should the traveling public thank for these impositions? The 9/11 killers were mostly Saudi. But the Shoebomber was a British subject. So were the Heathrow plotters. And the Pantybomber was educated in British schools – first in Togo; then at University College, London – and there is plenty of evidence he was radicalized while in the UK. …
That ought to prompt astonishment – and great shame in Britons. Yet Timothy Garton Ash, Hoover panjandrum and eminent British complacenik, wrote in The Guardian only three weeks ago:
‘Not all Muslims, all of the time, will be able to support all these minimum essentials of a modern free society. There is a real tension between some of the essentials (for instance, the equal rights and dignity of homosexuals) and what is habitually taught even in mainstream, conservative Muslim communities. But most British Muslims, most of the time, will support most of them.’
Even if that’s true (and it’s by no means clear that it is), is that enough? I said a few years back that Britain had been so hollowed out by Islamic radicals that it was becoming Somalia with chip shops. Mr Abdulmutallab supposedly got the ol’ jihad fever while at university. I see The New York Times reports the remarkable statistic that one-fifth of students at British universities are Muslim. As Professor Garton Ash would say, most British Muslims most of the time will be most unlikely to self-detonate over most American cities. So that’s okay, right? Up to a point. A poll by the Centre for Social Cohesion found that one-third of Muslim students in Britain believe killing in the name of religion is justified and are in favor of a global caliphate. That’s a lot of potential airline tickets.
How a rich ship owner affected Christianity 158
From time to time, for the entertainment of our atheist readers, and also (being lovers of argument) to stimulate the indignation of any believers who may visit our website, we provide notes on a religion.
The following is about Marcion and his doctrine.
*
There was a time when the followers of Marcion were as numerous as those of the Pauline Christian church, and the importance of his movement is that it had an impact on the direction in which Catholic Christianity was to develop.
Marcion, son of the bishop of Sinope, a Black Sea port in Asia Minor (modern Anatolia, Turkey), was a very rich owner of ships, a shipping magnate – the Aristotle Onassis, one might say, of his time.
He established himself as a religious leader and theologian circa 142 C.E. in Rome, which remained the centre of eventually widespread Marcionite Christianity, though he himself returned to Asia Minor where he died. Tradition has it that he started off as a Pauline Christian, but then found himself drawn by the Gnostic teachings of Cerdon, one of the many teachers who followed and diverged from Simonian Gnosticism (the teaching of Simon Magus). Cerdon preached – in Rome and elsewhere in the Empire – that the God of the Jews was not the Father of Jesus Christ. But he did not, as many other Gnostics did, anathematise the Jewish God or replace him with an evil Demiurge. While he did not hold Jehovah to be good, he did not go so far as to say that he was evil; the trouble with him was that he was merely just, and Justice was not good enough, being hard and often harsh. He was the Creator of this world, and did not know that far above him was the True Father, unknown and unknowable except by the spark of the Gnosis (the Knowledge) deep within individual souls. Only the True Father was good.
Marcion became convinced that Cerdon was right in the belief that the supreme unknown God was separate and distinct from the ‘known’ Creator and Legislator who was ‘just but not good’. Marcion named this lesser God, the God of the Jews, ‘the Cosmocrator’.
In Marcion’s system there are three planes of the universe: The highest plane or third heaven, home of the Unknown God, who could only be known to mankind after the revelations of Pauline Christianity. This is a point particularly worth noticing as very rarely has St Paul’s teaching been connected with a remote Unknown God, though he did claim that he ‘knew a man in Christ’ who was ‘caught up to the third heaven’ (II Corinthians 12.2).
Next down was the plane of the Cosmocrator, God of Genesis and the Law, whose ‘visage is like the Devil’s’ – distorted, as it were, by an insatiable appetite for justice.
The lowest plane contains the Earth and its visible heaven, where dwells the (female) Power of Matter – in Greek, Hyle.
In Marcion’s cosmogony, the Cosmocrator creates the World along the lines told in the Book of Genesis, except that he does it in partnership with Hyle. It is she who, when he has fabricated Adam out of dust, breathes a living spirit into him. God, in fear that Adam might worship Hyle, forbids his creature to worship any other gods but himself on pain of death. But Hyle distracts Adam by multiplying gods innumerably about him, and as he cannot recognize which one of them is his Master whom he dare not fail to worship as commanded, has no choice but to worship them all. By this device, Hyle leads Man astray from obedience to the Cosmocrator, and draws him instead to herself. The Cosmocrator, angered by the defection of humankind, punitively thrusts the souls of all men into Hell – indiscriminately, in contradiction to his just character – as soon as their earthly lives come to an end, condemning them to remain there for 29 ages. But the good unknown God, the remote Stranger, sends down his Son, the Christ, to ‘take on the likeness of death’ (ie seem to die as Jesus) in order to descend into Hell, rescue all the souls of men – also indiscriminately – and take them up to the third heaven.
It was because his way to Hell lay downwards through this world, this life, that Christ came to earth. While he sojourned here, he did good. As the Good Stranger’s representative he was instructed to ‘heal lepers, raise the newly dead, and open the eyes of the blind, so that the Lord of Creatures will see thee and bring thee to a Cross. Then, at thy death, descend to Hell and bring them hence.’
When the Cosmocrator, the ‘Lord of Creatures’, realised that this was what was happening at the crucifixion, his wrath was great. ‘He tore his garment, rent in twain the veil of the Temple, and covered the sun with darkness.’ But he was helpless to intervene, and Christ emptied Hell.
Christ descended a second time, and appeared in his divine form before the Cosmocrator, and charged him with the shedding of innocent blood, the blood of Jesus. He demanded justice from him ‘for the death I suffered’. Only then did the Lord of Creatures realise the divinity of Jesus and that there was another God above himself who had sent his Son to redeem mankind. When he had fully comprehended this revelation, he supplicated Christ, confessed that he had sinned, but pleaded that he had killed him in the person of Jesus unwittingly, ‘not knowing he was a god’. Wanting to make recompense, he bid Christ ‘take all where thou wilt, until all believe in thee.’ Then Christ decreed that all who believe in him would be saved. To Paul he revealed the conditions and price (ie the blood of Jesus Christ) for mankind’s salvation, and Christ himself sent Paul to preach the redemption. So, Marcion taught, ‘the Good has purchased us with a purchase price from the God of Creatures.’ Therefore the God of Creatures, who was the God of the Law, should no longer be worshipped, his laws no longer obeyed, and the books of his Law, which had been given to his chosen people the Jews, no longer held holy.
There has been much debate as to whether Marcion should be classed as a Gnostic. The only significant difference between his teaching and that of Pauline Christianity, it has been argued by those who disregard or deny the influence of Cerdon, is that Marcion rejected the Law of Moses and the Jewish scriptures in their entirety, whereas the ‘Pauline Church’, against the wishes of Paul himself, adopted the Jewish Bible into its canon as the pre-history of Christianity, and held that the moral law it enshrined remained valid, even though the Jewish faith had been superseded – or ‘fulfilled’ – by the new revelation, only its ritual requirements being no longer in force. As it was the putative author of the Epistles himself who first proclaimed the message that the Law was abolished by the sacrifice of ‘Christ Jesus’, that the Christ had always existed since the beginning and had come to earth to save mankind; and as he sometimes used the same vocabulary, and sounded the same notes of rejection and hope that is found in the Gnostic creeds, it might be nearer the truth to class Paul as a Gnostic, rather than insist that Marcion was not.
It is not implausible to suppose that the Christian Church, beginning with Paul’s innovative ideas, was one among many emerging Gnostic creeds. That it had shed almost every discernible thread of Gnostic theogony, with its layers of heavens full of mystic Powers, by the time it came to assemble its canon for a New Testament towards the end of the 2nd century, was at least partly due to the failed efforts of Marcion to establish a purer Pauline church, according to his interpretation of the message of Paul.
Some distinctly Gnostic passages remain in the Christian canon, such as this from the Epistle to the Ephesians (6:12):
For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.
But the Church-approved New Testament revised, diluted, contradicted, reinterpreted, and to a large extent transformed the Paulinism which Marcion knew and loved, until such exciting and beautiful passages of Gnostic poetry that lie like nuggets of gold in the leaden texts have lost the meaning they once had.
The Catholic Church, carefully developing internal order by means of a structured hierarchical system, made the decision to retain the Jewish scriptures and reaffirm the commandments engraved in the stones of Sinai precisely because its leaders could see in the rival church of Marcion what happened to a new religion if its adherents clung to antinomianism and depended on inspiration alone for continuance. The Marcionite church steadfastly refused to take on a structure, so it could not last. As the centuries of our common era wore on, it gradually dissolved before the eyes and – to the relief of the Catholic Church – lost itself in the opacity of an esoteric mythology, and slowly faded away. In the West it lasted for some three hundred years, longer in the Byzantine empire.
Before it disappeared, it taught the Church a lesson, by means of which it contributed to the history of Catholicism and all the faiths that sprang from it in heresy or rebellion or reformation in later ages. What happened was that Marcion put together a New Testament (Apostolicon). The Church Fathers did not approve of all his choices, but realised that a body of scripture was vitally necessary to the validation and spread of doctrine, and could be as important to the survival of the Church as a constitution. Marcion’s New Testament was not sufficient in itself to keep his sect alive, but Christianity, however well organized and established and governed, found it could not do without the written word. Of course it might very well have come to the same conclusion had Marcion not given it the idea, but it was in reaction to Marcion’s compilation of Christian scriptures that the Church decided to do the same thing. The Church compiled a New Testament after Marcion had done so. There are similarities and differences between the two sets of gospels. What Marcion started the Church built on, and the eventual result was the much redacted New Testament that the ages have inherited.
Jillian Becker January 2, 2010
Shock therapy 19
Thanks to one of our (highly critical) readers who sent it to us, here is a cheerful message for the new year, written by Howard Golganov:
THINK VERY SERIOUSLY ABOUT THE FOLLOWING STATEMENT:
No politician has ever done America and the Free World a greater SERVICE, than has Barack Hussein Obama and the FOOLS who elected him.
HERE’S WHY I BELIEVE IN WHAT I HAVE JUST WRITTEN:
For more than a couple of generations, North America has been sliding slowly but surely towards creeping socialism, where even our ‘pretend’ Conservatives have been playing the game.
Two perfect examples include President George W Bush and Canada’s Prime Minister Prime Minister Stephen Harper, both of whom increased spending, their respective debts, and the size of their respective governments.
Even ‘pretend’ Conservative leaders have been chipping away at INDIVIDUAL RIGHTS, while imposing more and more regulations and bureaucracy.
Had Barack Hussein Obama not come along when he did, this trend to the LEFT, especially to the FAR LEFT would have continued without any REAL abatement, option, or alternative in sight.
But, because of Obama and the extraordinarily horrible people he is aligned with inside and outside of government, the shift to the LEFT that would have taken much longer has in fact EXPLODED overnight.
Had the move to the LEFT continued unabated, I sincerely believe that not only would our economies have crashed, but also, we would have lost our individual RIGHTS, which would have been irretrievable without some form of serious conflict.
Perhaps even a civil war between the RIGHT and the LEFT.
But, this SHOCK THERAPY courtesy of Obama has been a clarion wake-up call. And because of it, strong Conservative leaders have emerged before it became too late.
Even MODERATE LIBERALS are having serious sober second thoughts about the direction in which the LEFT are dragging the USA. So much so, that even they can see the edge of the precipice Obama and his coterie of co-conspirators are running hell bent to jump off of.
Here is a prediction that takes very little prognosticative skills:
Not ONLY will Obama go down in history as the WORST President ever. Even making Carter look less horrible than he actually was. Obama will go down as the MOST HATED PRESIDENT EVER.
Because of Obama, who has managed to screw everything up in less than one full year, making his LEFT base upset, losing all of his moderate and independent supporters, taking a Nobel Peace Prize while making war, and bringing America and the entire world to the brink of bankruptcy, THE AMERICAN LEFT WILL BE CRUSHED for a long time to come.
Sometimes we just don’t know how good we have it until something REALLY BAD happens to take it all away. Obama is that something REALLY BAD that has happened.
So, to all of you folk who write to me in tones of DESPAIR – Despair not.
HAPPY DAYS WILL SOON ENOUGH BE HERE AGAIN.
Nice. We follow his argument and we hope he’s right. Only we’re not so sure about the strong Conservative leaders he says have emerged. Who are they?
If he means, for instance, Rush Limbaugh and Glenn Beck, they’re doing a splendid job as providers of information that the mainstream media would rather keep hidden; and they are certainly leaders of public opinion which can influence policy decisions; but they are not likely to become policy makers themselves. If he means Sarah Palin he may be right. Anyone else?
A fading victory 69
Paul Rahe writes at Power Line:
If there is an alternative to Islamic revivalism on the horizon, it is to be found in Iraq. The simple fact that there are free elections in that country, that there is open debate, and that it is drifting in the direction of genuine prosperity — this stirs dissatisfaction of an entirely different sort in the Arab world — and, as is abundantly evident in Iran, it does so in the larger Muslim world as well. As time passes and the dust settles, George W. Bush may come to look more and more like a hero — both in the Arab world and here in the United States. For, if the Iraqis remain steadfast and succeed, it is to their example that those fed up with Islamic revivalism will look, and it will be remembered just how adamant the second Bush was in his support for the democratic aspirations of the Iraqi people.
We have shown appreciation for Paul Rahe’s wisdom in the past, but with this, much as we’d like to agree with him since we were supporters of George Bush’s regime-changing war in Iraq, we find reason to dissent.
Again it is Diana West who explains why ‘democratic’ Iraq is no model for the rest of the Islamic world:
I don’t know how to candy-coat reality: Post-surge Iraq is a state of increasing repression, endemic corruption, religious and ethnic persecution and encroaching Sharia. Recent media reports flag just some of these glaring truths that American elites, civilian and military, seem to shy away from. …
In November, Reuters highlighted the government crackdown on the media via lawsuits against criticism, and laws enabling the government to close media outlets that “encourage terrorism, violence,” and — here’s a handy catch-all — “tensions.” There are new rules to license satellite trucks, censor books and control Internet cafes. “The measures evoke memories of … the laws used to muzzle (journalism) under Saddam Hussein,” Reuters writes.
In December, the British paper The Observer reported that hundreds of Iraqi police and soldiers descended on Baghdad’s 300 nightclubs where they “slapped owners’ faces, scattered their patrons and dancing girls, ripped down posters advertising upcoming acts and ordered alcohol removed from the shelves.” The official reason? No licenses. But, the paper reports, “the reality is that a year-long renaissance in Baghdad’s nightlife may be over as this increasingly conservative city takes on a hard-line religious identity.” …
[O]ne particularly shocking, unintended consequence of U.S. involvement has been the religious “cleansing” of Iraq’s ancient Christian populations. In 2003, 1 million Christians lived in Iraq. Six years later, after successive waves of violence and intimidation largely unchecked by either Iraqi government action or U.S. intercession, more than 500,000 Christians have fled the country. It is a crisis that inspired Christian leaders to assemble in Baghdad in December for a conference piteously titled: “Do Christians Have a Future in Iraq?”
This anti-Christian persecution is a large part of why the U.S. Commission on International Religious Freedom recommended in December 2008 that the State Department name Iraq a Country of Particular Concern (CPC) — its dread Saddam-era designation. (Recommendation denied.) In May, to strengthen human rights in Iraq, the commission’s Iraq report included suggested amendments to Iraq’s constitution, which, not incidentally, boil down to abolishing the constitutional supremacy of Islamic law. (And yes, U.S. legal advisers helped write this same Sharia-supreme governing document.)
For example, the commission suggested deleting the line in Article 2 that says no law may contradict “the established provisions of Islam.” It suggested revising the “guarantee of `the Islamic identity of the majority’ to make certain that this identity is not used to justify violations” of human rights. It also suggested that “the free and informed consent of both parties (be) required to move a personal status case to the religious law system,” and “that religious court rulings (be) subject to final review under Iraq’s civil law.” Another suggestion was to remove “the ability of making appointments to the Federal Supreme Court based on training in Islamic jurisprudence alone.”
Good ideas — if religious freedom is the objective. But it is not the objective in Iraq, or in other Islamic countries. Which should make the United States, founded and defined by such freedom, look before nation-building, and ask: Do we really want Americans to “surge” and risk death to build nations such as this to stand as monuments to “victory”?
Ten most corrupt politicians 158
Here is the 2009 list of the Ten Most Wanted Corrupt Politicians released by Judicial Watch, the public interest group that investigates and prosecutes government corruption:
Senator Christopher Dodd (D-CT): This marks two years in a row for Senator Dodd, who made the 2008 “Ten Most Corrupt” list for his corrupt relationship with Fannie Mae and Freddie Mac and for accepting preferential treatment and loan terms from Countrywide Financial, a scandal which still dogs him. In 2009, the scandals kept coming for the Connecticut Democrat. In 2009, Judicial Watch filed a Senate ethics complaint against Dodd for undervaluing a property he owns in Ireland on his Senate Financial Disclosure forms. Judicial Watch’s complaint forced Dodd to amend the forms. However, press reports suggest the property to this day remains undervalued. Judicial Watch also alleges in the complaint that Dodd obtained a sweetheart deal for the property in exchange for his assistance in obtaining a presidential pardon (during the Clinton administration) and other favors for a long-time friend and business associate. The false financial disclosure forms were part of the cover-up. Dodd remains the head of the Senate Banking Committee.
Senator John Ensign (R-NV): A number of scandals popped up in 2009 involving public officials who conducted illicit affairs, and then attempted to cover them up with hush payments and favors, an obvious abuse of power. … Ensign admitted in June to an extramarital affair with the wife of one of his staff members, who then allegedly obtained special favors from the Nevada Republican in exchange for his silence. According to The New York Times: “The Justice Department and the Senate Ethics Committee are expected to conduct preliminary inquiries into whether Senator John Ensign violated federal law or ethics rules as part of an effort to conceal an affair with the wife of an aide…” The former staffer, Douglas Hampton, began to lobby Mr. Ensign’s office immediately upon leaving his congressional job, despite the fact that he was subject to a one-year lobbying ban. Ensign seems to have ignored the law and allowed Hampton lobbying access to his office as a payment for his silence about the affair. (These are potentially criminal offenses.) It looks as if Ensign misused his public office (and taxpayer resources) to cover up his sexual shenanigans.
Rep. Barney Frank (D-MA): Judicial Watch is investigating a $12 million TARP cash injection provided to the Boston-based OneUnited Bank at the urging of Massachusetts Rep. Barney Frank. As reported in the January 22, 2009, edition of the Wall Street Journal, the Treasury Department indicated it would only provide funds to healthy banks to jump-start lending. Not only was OneUnited Bank in massive financial turmoil, but it was also “under attack from its regulators for allegations of poor lending practices and executive-pay abuses, including owning a Porsche for its executives’ use.” Rep. Frank admitted he spoke to a “federal regulator,” and Treasury granted the funds… Moreover, Judicial Watch uncovered documents in 2009 that showed that members of Congress for years were aware that Fannie Mae and Freddie Mac were playing fast and loose with accounting issues, risk assessment issues and executive compensation issues, even as liberals led by Rep. Frank continued to block attempts to rein in the two Government Sponsored Enterprises (GSEs)… Frank received $42,350 in campaign contributions from Fannie Mae and Freddie Mac between 1989 and 2008. Frank also engaged in a relationship with a Fannie Mae Executive while serving on the House Banking Committee, which has jurisdiction over Fannie Mae and Freddie Mac.
Secretary of Treasury Timothy Geithner: In 2009, Obama Treasury Secretary Timothy Geithner admitted that he failed to pay $34,000 in Social Security and Medicare taxes from 2001-2004 on his lucrative salary at the International Monetary Fund (IMF), an organization with 185 member countries that oversees the global financial system. (Did we mention Geithner now runs the IRS?) It wasn’t until President Obama tapped Geithner to head the Treasury Department that he paid back most of the money, although the IRS kindly waived the hefty penalties. In March 2009, Geithner also came under fire for his handling of the AIG bonus scandal, where the company used $165 million of its bailout funds to pay out executive bonuses, resulting in a massive public backlash. Of course as head of the New York Federal Reserve, Geithner helped craft the AIG deal in September 2008. However, when the AIG scandal broke, Geithner claimed he knew nothing of the bonuses until March 10, 2009. The timing is important. According to CNN: “Although Treasury Secretary Timothy Geithner told congressional leaders on Tuesday that he learned of AIG’s impending $160 million bonus payments to members of its troubled financial-products unit on March 10, sources tell TIME that the New York Federal Reserve informed Treasury staff that the payments were imminent on Feb. 28. That is ten days before Treasury staffers say they first learned ‘full details’ of the bonus plan, and three days before the [Obama] Administration launched a new $30 billion infusion of cash for AIG.” Throw in another embarrassing disclosure in 2009 that Geithner employed “household help” ineligible to work in the United States, and it becomes clear why the Treasury Secretary has earned a spot on the “Ten Most Corrupt Politicians in Washington” list.
Attorney General Eric Holder: … Judicial Watch strongly opposed Holder because of his terrible ethics record, which includes: obstructing an FBI investigation of the theft of nuclear secrets from Los Alamos Nuclear Laboratory; rejecting multiple requests for an independent counsel to investigate alleged fundraising abuses by then-Vice President Al Gore in the Clinton White House; undermining the criminal investigation of President Clinton by Kenneth Starr in the midst of the Lewinsky investigation; and planning the violent raid to seize then-six-year-old Elian Gonzalez at gunpoint in order to return him to Castro’s Cuba. Moreover, there is his soft record on terrorism. Holder bypassed Justice Department procedures to push through Bill Clinton’s scandalous presidential pardons and commutations, including for 16 members of FALN, a violent Puerto Rican terrorist group that orchestrated approximately 120 bombings in the United States, killing at least six people and permanently maiming dozens of others, including law enforcement officers. His record in the current administration is no better. As he did during the Clinton administration, Holder continues to ignore serious incidents of corruption that could impact his political bosses at the White House. For example, Holder has refused to investigate charges that the Obama political machine traded VIP access to the White House in exchange for campaign contributions – a scheme eerily similar to one hatched by Holder’s former boss, Bill Clinton in the 1990s. The Holder Justice Department also came under fire for dropping a voter intimidation case against the New Black Panther Party. … Holder has also failed to initiate a comprehensive Justice investigation of the notorious organization ACORN (Association of Community Organizations for Reform Now), which is closely tied to President Obama. There were allegedly more than 400,000 fraudulent ACORN voter registrations in the 2008 campaign. And then there were the journalist videos catching ACORN Housing workers advising undercover reporters on how to evade tax, immigration, and child prostitution laws. Holder’s controversial decisions on new rights for terrorists and his attacks on previous efforts to combat terrorism remind many of the fact that his former law firm has provided and continues to provide pro bono representation to terrorists at Guantanamo Bay. …
Rep. Jesse Jackson, Jr. (D-IL)/ Senator Roland Burris (D-IL): One of the most serious scandals of 2009 involved a scheme by former Illinois Governor Rod Blagojevich to sell President Obama’s then-vacant Senate seat to the highest bidder. Two men caught smack dab in the middle of the scandal: Senator Roland Burris, who ultimately got the job, and Rep. Jesse Jackson, Jr. According to the Chicago Sun-Times, emissaries for Jesse Jackson Jr., named “Senate Candidate A” in the Blagojevich indictment, reportedly offered $1.5 million to Blagojevich during a fundraiser if he named Jackson Jr. to Obama’s seat. Three days later federal authorities arrested Blagojevich. Burris, for his part, apparently lied about his contacts with Blagojevich, who was arrested in December 2008 for trying to sell Obama’s Senate seat. … Burris changed his story five times regarding his contacts with Blagojevich prior to the Illinois governor appointing him to the U.S. Senate. Three of those changing explanations came under oath.
President Barack Obama: During his presidential campaign, President Obama promised to run an ethical and transparent administration. However, in his first year in office, the President has delivered corruption and secrecy, bringing Chicago-style political corruption to the White House. Consider just a few Obama administration “lowlights” from year one: Even before President Obama was sworn into office, he was interviewed by the FBI for a criminal investigation of former Illinois Governor Rod Blagojevich’s scheme to sell the President’s former Senate seat to the highest bidder. (Obama’s Chief of Staff Rahm Emanuel and slumlord Valerie Jarrett, both from Chicago, are also tangled up in the Blagojevich scandal.) Moreover, the Obama administration made the startling claim that the Privacy Act does not apply to the White House. The Obama White House believes it can violate the privacy rights of American citizens without any legal consequences or accountability. President Obama boldly proclaimed that “transparency and the rule of law will be the touchstones of this presidency,” but his administration is addicted to secrecy, stonewalling far too many of Judicial Watch’s Freedom of Information Act requests and is refusing to make public White House visitor logs as federal law requires. The Obama administration turned the National Endowment of the Arts (as well as the agency that runs the AmeriCorps program) into propaganda machines, using tax dollars to persuade “artists” to promote the Obama agenda. According to documents uncovered by Judicial Watch, the idea emerged as a direct result of the Obama campaign and enjoyed White House approval and participation. President Obama has installed a record number of “czars” in positions of power. Too many of these individuals are leftist radicals who answer to no one but the president. And too many of the czars are not subject to Senate confirmation (which raises serious constitutional questions). Under the President’s bailout schemes, the federal government continues to appropriate or control — through fiat and threats — large sectors of the private economy, prompting conservative columnist George Will to write: “The administration’s central activity — the political allocation of wealth and opportunity — is not merely susceptible to corruption, it is corruption.” Government-run healthcare and car companies, White House coercion, uninvestigated ACORN corruption, debasing his office to help Chicago cronies, attacks on conservative media and the private sector, unprecedented and dangerous new rights for terrorists, perks for campaign donors – this is Obama’s “ethics” record — and we haven’t even gotten through the first year of his presidency.
Rep. Nancy Pelosi (D-CA): At the heart of the corruption problem in Washington is a sense of entitlement. Politicians believe laws and rules (even the U.S. Constitution) apply to the rest of us but not to them. Case in point: House Speaker Nancy Pelosi and her excessive and boorish demands for military travel. Judicial Watch obtained documents from the Pentagon in 2008 that suggest Pelosi has been treating the Air Force like her own personal airline. These documents, obtained through the Freedom of Information Act, include internal Pentagon email correspondence detailing attempts by Pentagon staff to accommodate Pelosi’s numerous requests for military escorts and military aircraft as well as the speaker’s 11th hour cancellations and changes. House Speaker Nancy Pelosi also came under fire in April 2009, when she claimed she was never briefed about the CIA’s use of the waterboarding technique during terrorism investigations. The CIA produced a report documenting a briefing with Pelosi on September 4, 2002, that suggests otherwise. Judicial Watch also obtained documents, including a CIA Inspector General report, which further confirmed that Congress was fully briefed on the enhanced interrogation techniques. Aside from her own personal transgressions, Nancy Pelosi has ignored serious incidents of corruption within her own party, including many of the individuals on this list. (See Rangel, Murtha, Jesse Jackson, Jr., etc.)
Rep. John Murtha (D-PA) and the rest of the PMA Seven: Rep. John Murtha made headlines in 2009 for all the wrong reasons. The Pennsylvania congressman is under federal investigation for his corrupt relationship with the now-defunct defense lobbyist PMA Group. PMA, founded by a former Murtha associate, has been the congressman’s largest campaign contributor. Since 2002, Murtha has raised $1.7 million from PMA and its clients. And what did PMA and its clients receive from Murtha in return for their generosity? Earmarks — tens of millions of dollars in earmarks. In fact, even with all of the attention surrounding his alleged influence peddling, Murtha kept at it. Following an FBI raid of PMA’s offices earlier in 2009, Murtha continued to seek congressional earmarks for PMA clients, while also hitting them up for campaign contributions. According to The Hill, in April, “Murtha reported receiving contributions from three former PMA clients for whom he requested earmarks in the pending appropriations bills.” When it comes to the PMA scandal, Murtha is not alone. As many as six other Members of Congress are currently under scrutiny according to The Washington Post. They include: Peter J. Visclosky (D-IN.), James P. Moran Jr. (D-VA), Norm Dicks (D-WA.), Marcy Kaptur (D-OH), C.W. Bill Young (R-FL.) and Todd Tiahrt (R-KS.). Of course rather than investigate this serious scandal, according to Roll Call House Democrats circled the wagons, “cobbling together a defense to offer political cover to their rank and file.” The Washington Post also reported in 2009 that Murtha’s nephew received $4 million in Defense Department no-bid contracts …
Rep. Charles Rangel (D-NY): Rangel, the man in charge of writing tax policy for the entire country, has yet to adequately explain how he could possibly “forget” to pay taxes on $75,000 in rental income he earned from his off-shore rental property. He also faces allegations that he improperly used his influence to maintain ownership of highly coveted rent-controlled apartments in Harlem, and misused his congressional office to fundraise for his private Rangel Center by preserving a tax loophole for an oil drilling company in exchange for funding. On top of all that, Rangel recently amended his financial disclosure reports, which doubled his reported wealth. (He somehow “forgot” about $1 million in assets.) And what did he do when the House Ethics Committee started looking into all of this? He apparently resorted to making “campaign contributions” to dig his way out of trouble. According to WCBS TV, a New York CBS affiliate: “The reigning member of Congress’ top tax committee is apparently ‘wrangling’ other politicos to get him out of his own financial and tax troubles…Since ethics probes began last year the 79-year-old congressman has given campaign donations to 119 members of Congress, including three of the five Democrats on the House Ethics Committee who are charged with investigating him.” Charlie Rangel should not be allowed to remain in Congress, let alone serve as Chairman of the powerful House Ways and Means Committee, and he knows it. That’s why he felt the need to disburse campaign contributions to Ethics Committee members and other congressional colleagues.
Where have all the dollars gone? 78
Verum Serum lists the Ten Most Ridiculous Uses of Stimulus Funds:
10. A $427,824 research grant to design better video games for senior citizens based on their unique “game-play needs”.
9. Funding of a Dartmouth College study involving “sexual arousal in anesthetized female rats” ($9,870).
8. Funding of a $168,300 SBA loan to the Escape Massage parlor in Midlothian, VA.
7. Funding a $447,492 Univ. of North Carolina study on the development and use of “African American English” amongst 70 adolescents.
6. $10,346 for a heating and cooling company to provide “escort services” for other companies performing a laser scanning survey at a courthouse in Honolulu, Hawaii.
5. An academic study comparing outcomes of the concurrent and separate use of malt liquor and marijuana ($389,357).
4. A $225,000 study at Ohio State University on the relative and combined impacts of air pollution and a high fat diet on obesity development.
3. A $712,883 research grant to develop “machine-generated humor“. Project will design artificially intelligent “comedic performance agents”, and will “deploy them both on and off-line for the enjoyment and illumination of everyday citizens”.
2. A $54 million project to relocate one bridge for the Napa Valley Wine Train in order to mitigate the possible impact of a “100 year storm event”.
1. $9.3 million to fund the design and development of a “coordinated colony of robotic bees“!
Update: [A] grand total of 19.79 jobs were reported to have been created as a result of this spending. That’s 19.79 jobs for $65.7 million in federal spending, or roughly $3.3 million per job. This calculation comes from the job totals reported to Recovery.gov by the recipients, although it does not include any possible jobs created from the SBA loan to the massage parlor (apparently SBA loan recipients aren’t required to report this). It also includes 2 jobs which were reported as having been created for the “escort” boondoggle to Hawaii, which were apparently generated by a grant of only $10K.

