Fwd: Morning Bell: The Lawyers and Lobbyists Full Employment Act

07/16/2010 The Lawyers and Lobbyists Full Employment Act Without spending a single dime, the Obama administration did more yesterday to create jobs for the U.S. economy than it has throughout its entire existence. With the single stroke of a pen, President Barack Obama signed the Dodd-Frank financial regulation bill that set in motion 243 new formal rule-makings by 11 different federal agencies. Each of the 243 rule-makings will employ hundreds of banking lobbyists as they try to shape what the final actual laws will look like. And when the rules are finally written, thousands of lawyers will bill millions of hours as the richest incumbent financial firms that caused the last crisis figure out how to game the new system. Yesterday, the Washington law firm Jones Day snapped up the Securities and Exchange Commission head enforcement division lawyer, and J.P. Morgan Chase, one of the biggest U.S. banks by assets, assigned more than 100 teams to examine the legislation. University of Massachusetts political science professor Thomas Ferguson tells The Christian Science Monitor: By delegating so much to the regulators, Congress is inviting everyone interested in the outcome to make more campaign contributions, as they intervene in the regulatory process to influence the regulators. Nothing is settled. It's a gold mine for members of Congress. So if the richest big banks, lawyers, lobbyists and Congress were the big winners yesterday, who are the losers? Small banks, entrepreneurs and you.

Fwd: MRC Alert: Indignant Over List of Illegals in Utah, ABC Condemns 'Campaign of Intimidation' by 'Vigilantes'

 

A daily compilation edited by Brent H. Baker, CyberAlert items are drawn from daily BiasAlert posts and distributed by the Media Research Center's News Analysis Division, the leader since 1987 in documenting, exposing and neutralizing liberal media bias.

 

Tracking Liberal Media Bias Since 1996
Friday July 16, 2010 @ 09:01 AM EDT

1. Indignant Over List of Illegals in Utah, ABC Condemns 'Campaign of Intimidation' by 'Vigilantes'
"Fear Factor," Diane Sawyer teased at the top of Thursday's World News in picking up a cause-celebre of the left, demanding: "Who leaked a list of people labeled illegal immigrants, naming children and pregnant women? Are these vigilantes at work?" She soon intoned that "an investigation is under way into what's being called 'The List' – thirteen hundred names leaked in an apparent campaign of intimidation." Reporter David Wright relayed how "we called at least fifty people on the list. Most of them declined to be interviewed," but "one woman," an apparent serial offender, "told us she's pregnant with her second child. She's scared she'll be deported and separated from her two-year old, a U.S. citizen." He proceeded to another supposed victim: "Alma is on the list, and afraid."

2. What? G.O.P. Misses Liberal Sen. Chafee's 'Traditional Notion of Fiscal Responsibility'
New York Times writer Matt Bai salutes political hero Lincoln Chafee, liberal Republican senator turned independent candidate for governor of Rhode Island, for his "more traditional notion of fiscal responsibility" and bravery in pushing tax increases: "Mr. Chafee broke with the party altogether and has now decided to run his own kind of highly unusual campaign, based on the risky premise that unpleasant times demand some unpleasant truths."

3. NYT Standards: Privacy for Illegal Immigrants, But Not for Prop 8 Donors?
New York Times reporter Kirk Johnson overheated on the front page: "A list of 1,300 Utah residents described as illegal immigrants has sown fear among some Hispanics here, and prompted an investigation into its origins and dissemination." Johnson, known for his hyper-sensitivity to any sign of conservative political weakness in Utah, kept the focus squarely on alleged privacy and safety concerns stirred by the dissemination of the list - not the fact of massive illegal immigration. But the Times doesn't always show such punctilious concern for privacy and safety when posting information that's been compiled and distributed (surreptitiously or not) by state authorities. At least not when it comes to U.S. citizens participating in the political process in a fashion displeasing to the left.

4. CNN Reporter Dana Bash Laughs as Kathy Griffin Calls Scott Brown's Daughters 'Prostitutes'
On her Bravo TV show Tuesday night, left-wing comedian Kathy Griffin referred to Sen. Scott Brown's two daughters as "prostitutes," and a CNN reporter apparently thought it hysterical. Griffin, who was readying herself to rally and drum up support for a repeal of "Don't Ask, Don't Tell," brought CNN reporters (husband and wife) Dana Bash and John King onto the show to "coach" her for handling Washington, DC. Bash is a congressional correspondent for CNN, while King anchors the news hour John King, USA. When the couple showed Griffin a picture of Sen. Scott Brown and asked her to identify the figure, she responded: "Scott Brown – who is a Senator from Massachusetts, and has two daughters that are prostitutes." Bash erupted with laughter, while King grimaced.

>>> NewsBusters.org, the MRC's blog you trust to expose the liberal media's bias every day, is turning 5 years old in August! Several activities are underway to celebrate this milestone, including a T-shirt giveaway. Every weekday between now and August 17, we will give away five NewsBusters T-shirts. Sign up for a chance to win one: http://www.mrcaction.org/556/petition.asp

The sooner you sign up, the more chances you'll have to win!  Also, be sure to visit www.NewsBusters.org each Friday for more anniversary news and surprises. <<<

 

 

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Fwd: The DC Morning

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July 16, 2010 Your Daily Caller Profile Earthquake strikes epicenter of government-sponsored vice--a sign from God? -- Prosecution rests in case of Blago v. The World -- Google is laying the groundwork for a royal screw-job -- Cat lovers attack Pres. Obama's fiscal commission -- Democrats continue to deny benefits to poors -- Goldman Sachs up 1.) God punishes nation's capital with earthquake -- According to the United States Geological Survey, a 3.6 magnitude earthquake struck suburban Maryland--just 20 miles northwest of Washington, D.C.--early on Friday morning. It is anyone's guess as to what God is angry about, but here are some possibilities: Democrats' unnatural financial regulatory bill, Democrats' refusal to fund unemployment benefits for 2.1 million people, Democrats' incessant whining about how Pres. Obama is not running each and every one of their re-election campaigns 24/7, Nancy Pelosi's poor performance on Top Chef, and Democrats, Democrats, DE-MON-CRATS! Share: 2.) Pres. Obama is probably not guilty in Blago trial -- The Chicago prosecutors charged with sending Gov. Rod Blagojevich to Alcatraz rested their case a month ahead of schedule, reports The Daily Caller's Jon Ward. This is what we know so far about the allegations that America's blackest white governor engaged in pay-to-play schemes with Pres. Obama: "There has been no evidence that Obama or anyone in his circle ever came close to discussing or offering a quid pro quo to former Illinois Gov. Rod Blagojevich in exchange for an appointment of Valerie Jarrett to replace Obama in the Senate seat he was vacating." So far, so good, Mr. President! However, notes Ward, it looks like Obama may have--nay, did--lie about the extent to which he lobbied on behalf of total hottie Valerie Jarrett. (This is old news, but still worth repeating, because lies are bad.) Anyway, Obama said shortly after winning president, "I had no contact with the governor's office. I did not speak to the governor about these issues. That I know for certain." But he sort of did, he just used some meathead union rep as a proxy. (Never forget.) Share: 3.) Enjoy the Internet now, because soon you will hate everything about Google -- "Google boss Eric Schmidt is one of the nation's most politically active business leaders," reports Politico. Schmidt is "a man who uses the cachet of the company he leads, as well as his own charisma, to build strategic alliances in the Obama administration and on Capitol Hill." But aren't all business leaders like this? Yes, they are all trying to get their cloven hooves into your pocket, but only Google has figured out how to use hooves on a computer, and now they are going to use this power to push net neutrality down people's throats and provide cover for Obama officials who send emails to each other and their liberal friends "off the record." Google is so dangerous, in fact, that "most people" that Politico "contacted for this story refused to speak on the record about their concerns." No one wants to lose their Gmail over something as pesky as giving the FCC permission to regulate the most liberating piece of technology (wo)man has ever known! Share: 4.) Lefties vow to fight Obama's fiscal commission -- "Liberals wary of cuts to Social Security benefits are taking on President Obama's fiscal commission, seeing it as a more serious threat to the entitlement program than President George W. Bush's push to privatize the system five years ago," reports The Hill. Progressives who represent Old People with Cats, No Kids, say that the fiscal commission is meeting in private, which in turn could mean that they are having private discussions about all the ways that they would like to save America money. These critics are not swayed by the fact that "the commission's proposals can't be enacted without going through Congress" or that "House and Senate leaders have pledged to call floor votes on those recommendations that get the backing of 14 of the commission's 18 members" or that the committee's chairmen are planning to "ensure Social Security's solvency." Old folks know that this crap about the debt is just that. NOW, WHERE DID QUEEN SHEEBA RUN OFF TO? IT'S TIME FOR THAT FELLA TO GET PETTED! Share: 5.) Why do Democrats hate poors? Why? -- Republicans have offered to extend unemployment benefits for millions of Americans on four separate occasions by offsetting UI benefits with stimulus cash, and were shot down all four times, a senior GOP Senate aide told The Daily Caller. What is the Democratic argument for leaving millions of Americans without a means to sustain themselves just until they get back on their feet? "You can't use stimulus money as an offset because we don't think stimulus money should be used as an offset." Ha! It is all so simple now! You can't use stimulus money because you can't use stimulus money. During a press conference yesterday, House Speaker Nancy Pelosi told reporters that the stimulus money creates too many jobs, and that is why she is willing...to let millions of...unemployed Americans send their children to bed with empty stomachs? We don't actually understand it either! Share: 6.) Goldman Sachs buys its way out of a violent spanking -- "Goldman Sachs agreed Thursday to pay $550 million to settle a fraud suit brought by the Securities and Exchange Commission that accused the storied Wall Street bank of selling a subprime-mortgage investment that was secretly designed to fail," reports the Washington Post. "The fine is the largest the SEC has ever assessed against a financial company. But the settlement also is striking because Goldman agreed to a host of changes to how it does business and because the bank, while not admitting wrongdoing, agreed to express 'regret' for including 'incomplete information' in marketing materials touting the investment to clients." Much like your freshman-year roommate was willing to "express regret" for hiding under your bed while you called your mother and demanded that she FedEx Mr. Teddy to the campus post office right away, or you weren't going to get any sleep. Share: VIDEO: Rep. Sheila Jackson Lee insists South Vietnam is still a thing Share:     Blago trial produces no bombshells but casts doubt on Obama's truthfulness -- The trial went to intermission this week after government prosecutors rested their case a month ahead of schedule Share: Democrats have paid for unemployment benefits before, why won't they do it again? -- Democrats continue to hammer Republicans despite four attempts at a compromise to offset unemployment benefits with stimulus money Share: The NAACP's next big initiative: Making Neverland Ranch a state park -- Democrat Mike Davis is putting together a proposal to order state parks officials to look into converting the 2,600 acre property into a public park Share:   Larry Kudlow: Business knows more than Obama -- With a bad-blood, confidence-destroying battle royale going on between Team Obama and business, you would think a highly publicized White House jobs summit would have produced some kind of positive announcement that gives a nod to the business point of view Share: Robert O'Brien: The Obama administration's cuts to the U.S. Navy imperil critical missions -- The United States Navy is drastically shrinking due to the serious cuts the Obama administration is making to the shipbuilding budget Share: Lee Edwards: The libertarians are coming -- They came from Arizona and Australia, Boston and the Bahamas, South Carolina and South Africa to raise high the elixir of liberty in this, the most laissez-faire city in America Share: James Michael Pratt: Lindsey Graham: Poster child for 'former or soon to be politicians' -- The new era of citizen-empowered politics, where personal investment and political energy is created upon "principle," means Senator Lindsay Graham (SC) has already lost his re-election bid of 2014; he just doesn't know it yet Share: Charles Steele: A national renewable energy standard is a mistake -- In short, not only will a federal renewable energy standard cause already high-energy costs to rise even more, but taxpayers will pay the added price of transmission infrastructure so that states can comply with the expensive standard Share:     Unsubscribe | Send Us Your Feedback | Terms of Use | Privacy Policy | View Web Version | Forward to Friend ©2010 The Daily Caller | 1050 17th St. NW | Suite 900 | Washington DC | 20036 To ensure that you continue receiving our emails, please add us to your address book or safe list. 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