Archive for chairman

Issa Sings Flip Flop Solo In Bonus-Minor

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flip flops

Ever defiant, but also ever evolving, Rep. Darrell Issa can add flip-flopper to his resume of skills -- maybe next to arson and car theft.

The chairman of the United States House Committee on Oversight and Government Reform has never seen the wrong side of an issue where he couldn't find some Democrat or plot to blame and waste our government money investigating. When you think about it, what does he really know about costs and spending anyway? He's one of the three richest members of Congress -- and there's a lot of scratch in that group. His money is important to him. Government money isn't.

Okay, maybe he didn't get rich without being a good businessman. He must have some special business acumen -- after all, he knew exactly when it was time to strike some "Jewish Lightning" to raze his businesses, Quantum Enterprises and Steal Stopper, literally.  

Wikepedia:

Issa appeared to prepare for that fire by increasing the fire insurance policy by 462% three weeks previously, and by removing computer equipment holding accounting and customer information, preventing authorities from seizing it. But what a lucky guy to have removed all the plans and private documents a day before the fire struck from the very building that would burn down.

So if Issa's got that knack of timing, bless him. But where was that timing over the past five years? It's only this past week that he's done a complete turn around on criminals, criminal activity and corporate bonuses. Oh, and whose bonuses is he calling into question? Why none other than the IRS. How about that?

Thanks to the fine people over at Huffington Post, we have this little video to see Issa flipping around like a freshly landed tuna on the deck of a fishing boat. It's actually fun to watch. Hope you will.

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Issa Gets His Ass Handed To Him

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Jay Mallin/Bloomberg via Getty Images

Pompous, self-important and arrogant. Oh, I'm sorry. I was just musing at the picture above of Darrell Issa, the GOP scandal monger who chairs what used to be a respected position as chairman of the House Oversight and Government Reform Committee. Now it's the House Rumor and Innuendo Committee Starring Darrell Issa.

Once again today, Issa called in a hostile witness in the IRS scandal hearings that over the past year have yielded zero instances of law breaking, bias or even bending. If anything they have served to prove in substantiated, fully vetted evidence, the fact that the IRS acted more judgmentally against liberal causes than conservative ones.

But here we are again today. Talking Points Memo:

Issa had summoned former IRS director Lois Lerner before the Congressional committee. Lerner pleaded the Fifth Amendment, declining to comment for the investigation, which has dragged on for months, in spite of a complete lack of evidence to indicate that conservative groups were being targeted by the tax agency.

With her simple plea of her constitutionally guaranteed privilege, Ms. Lerner took the 5th. Issa then took it on himself to bang the gavel to close the hearings, determining unilaterally that he could see no purpose in continuing.

Elijah Cummings

Whoops. Darrell done loosed the fateful lightning of Cummings terrible swift sword, shouting:

“I am a member of the Congress of the United States of America! I am tired of this,” he said. “You cannot just have a one-sided investigation. There is absolutely something wrong with that and it is absolutely un-American.”

Cummings went on to say that over the course of the last year, the investigation has squandered more than $14 million and “we have found no evidence to support allegations of a political conspiracy against conservative groups.”

And Cummings didn't stop there. He gave Chairman Issa a lashing the likes of which haven't been seen since Patsy was beaten nearly to death in 12 Years A Slave. Don't take my word for it... this is pure entertainment.

And stay to the end. You won't want to miss the punchline added by an off-camera  House member on the committee. Add this to your priceless list.

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BREAKING: Larry Summers is out of the running for Fed Chair

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Janet Yellen - Larry SummersSo is Janet Yellen in?

Just a quickie, via an email alert from Fox Biz:

Former Treasury Secretary Larry Summers has withdrawn his name from consideration as the next Chairman of the Federal Reserve.

UPDATE: CNBC is reporting the same, as is the AP. I'm getting email alerts galore.

The Wall Street Journal just piled on. This comes via HuffPo:

According to the Wall Street Journal, Summers notified President Barack Obama on Sunday via phone call, and sent a letter shortly after.

"I have reluctantly concluded that any possible confirmation process for me would be acrimonious and would not serve the interest of the Federal Reserve, the Administration or, ultimately, the interests of the nation's ongoing economic recovery," Summers said in the letter.

UPDATE: President Obama's statement in full via an email alert from Politico:

"Earlier today, I spoke with Larry Summers and accepted his decision to withdraw his name from consideration for Chairman of the Federal Reserve. Larry was a critical member of my team as we faced down the worst economic crisis since the Great Depression, and it was in no small part because of his expertise, wisdom, and leadership that we wrestled the economy back to growth and made the kind of progress we are seeing today. I will always be grateful to Larry for his tireless work and service on behalf of his country, and I look forward to continuing to seek his guidance and counsel in the future."

For more information... http://www.politico.com

buh bye by Kelly Kincaid

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"F" the Glass Ceiling Argument, Give Me The Best Candidate

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glass ceiling

The Glass Ceiling. Truthfully, I'm sorry that the term ever came about and even more sorry that it's being brought up so often.  The first part of this statement is that it indicates that certain classes of people have seemingly or actually been denied their fair promotions because of reasons that are artificial -- customs, mores and stupidity. More often than not, this seems to have become the practice or restriction that has been placed upon women. Qualified women who have been denied their fair place in the workplace.

Yet the glass ceiling is also something that is now often being used, akin to reverse discrimination. That's a harder concept to understand because it requires the first wrong in order to justify the second wrong. And more heartrendingly for me, as a liberal, it's being bandied about as a reason to pick someone over another, to justify or motivate public opinion for one candidate over another.

That's wrong.

What's right is to push and promote the thought that the best candidate or the right candidate because of skills and knowledge fill a position. And that's my point in the opening to fill Bernanke's job at the Fed.  There seems to be two front runners for he position.  One is Larry Sellers and the other is Janet Yellen.

Janet Yellen - Larry Summers

What surprises me, when you compare these two potential candidates qualifications is the hands down, Yellen appears on paper and in deeds to be the finer choice. But whenever you get a contest between two or among more choices, there are pluses and minuses. But gender most certainly should not be considered. Period.

Yet just this past Friday, Chris Hayes, who I greatly respect, the Nerd with Nerve is what I call him, did just that. He focused as much, if not even more in the fact that Yellen is female and Sellers isn't. What I would have preferred is if Hayes just directed our attention to the salient points of experience, past votes, their own words and their own actions. Not adding the obvious fact that Ms. Yellen would be the first woman to hold this powerful position.

In 2016 we may very well see Hillary Clinton grab the Democratic nomination for President. If she gets it, she deserves it. And most certainly a lot will be made of her (assuming it happens) being the first female candidate to head the Democratic Party or any major party as it's Presidential candidate. But I sure hope the election will not be about her being a woman, but rather her being the better candidate.

So after seeing Chris Hayes' piece on the new Fed replacement contest, I absolutely think Yellen is a better choice for America. But I'm disappointed that Chris spent so much time on discussing her gender, even alluding to it, because I don't see that it matters one iota in the Fed chairmanship. Qualifications do, and Yellen has them and to a greater level than Larry Sellers.

Here's the wonderfully informative piece I'm referring to. And when you realize the power the Fed chairman has, this will be a very important clip for you to see and understand what's facing us. But it would be that much stronger if it had been stripped of the gender element and kept strictly to what's at stake and the qualifications of both candidates.

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