Friday, February 13, 2009

Jolting Congress

Guest Perspective/Ralph Nader

Can Congress “walk and chew gum at the same time?”

This phrase used by President Lyndon Johnson for one of his political opponents comes to mind at a time early in the first 100 days of the Obama Administration when supposedly many long-overdue changes and rollbacks are possible.

It is not just that Congress is completely absorbed with the tax-cut-stimulus package. It is stasis that seems to be enveloping, even within its numerous well-funded and staffed committees in the House and Senate, from even the signaling of serious movement toward rolling back Bush-pushed legislation and starting widely supported forays that take hope to change.

The continuation of this state of stasis is made more likely because the Republican minority is feeling its oats. It put the White House on the defensive during the struggle to enact economic recovery legislation even though previous Republican policies and coddling of Wall Street for eight years build a steep cliff for financial collapse. Add the de-regulatory moves of 1999 and 2000 by the Clinton-Rubin crowd and the financial meltdown accelerates.

There is something else operating. One gets the feel on Capitol Hill among some fairly sharp people of a lack of horizon, a paucity of progressive determination, a sense of being overwhelmed by the corporate forces still bearing down on Congress—easily the most powerful branch of government under our Constitution.

But Congress does not act as if it is the most powerful branch. It routinely abdicates its constitutional responsibilities—the declaration of war authority and the plenary authority to investigate and require access to information in the executive branch.

Even after the Democrats took control of the Congress in January 2007, George W. Bush again and again got his way including a rubber stamp for the huge Iraq and Afghanistan war budgets outside of the normal appropriations processes.

Efforts by Senator Russ Feingold and Cong. John Conyers to move a modest censure resolution of Bush and Cheney for their many constitutional and statutory violations were aggressively rejected by their leaders—Speaker Nancy Pelosi and Senator Harry Reid. In January 2007, Pelosi and Reid two took impeachment off the table allowing the most chronically impeachable presidency in our history to continue undisturbed.

Some staffers in Congress privately assert that the Democrats are not acting like a majority party. It is worse than that. They are not acting—period.

From their majority status in 2007 to 2009 and a Democratic President in the White House, the Congressional Democrats are not moving swiftly to repeal the ban on Uncle Sam negotiating drug prices from volume discounts under the drug benefit law. They are not moving to amend the Patriot Act, regain control of warrantless surveillance, strengthen the corporate criminal laws and enforcement budgets. Congress is not even pushing to require taxing Hedge Fund manager’s income as ordinary income not as capital gains.

I cite these policies because they are policies much favored by many Democratic lawmakers. But in practice lawmakers duck and duck and duck from translating their beliefs into contentious action vis-à-vis the lobbyists and their captive legislators.

Senator Chris Dodd and the vast majority of the American people want to do something about credit card company abuses and gouges. But he is surrounded not just by the Republicans on the Senate Banking Committees but high-ranking Democrats beholden to the financial goliaths who, are demanding and receiving hundreds of billions of dollars in taxpayer bailouts.

There is word from the politicians that consideration of health care insurance—apart from a quickly enacted expansion of some coverage for more poor children—will be put off for a year. The trade unions’ top priority to enact labor law reforms, supported by Obama during his presidential campaign, are being held back by the Democrats.

There is even doubt whether the District of Columbia will get a voting Representative in the House when push comes to shove in the Senate.

The one-subject-at-a-time attitude is coming from the White House. “Obama doesn’t want it now” is a common phrase used by legislators to excuse themselves from exercising the separate but equal Congressional powers. This pretext applies to taking away some of the hugely expensive and unnecessary weapons systems like the F-22 aircraft decried by many military and retired military analysts. The vast, bloated military budget is sacrosanct on Capitol Hill as it is in the White House.

At a time of widely perceived needs for Congressional action, with large corporations busy applying for corporate welfare and on the defensive, the Democrats are not generating any momentum for standing for and with the people. Even in the midst of food contamination, illnesses and fatalities, they cannot turn around forty years of delay on giving the Food and Drug Administration adequate authority and inspectors to protect our food supply.

It is going to take a very focused civic jolt from you all to your Senators and Representatives. A couple of million jolters from our large country can get the train moving on the tracks. It doesn’t take much time to holler, yell or bellow with the facts.

Thursday, February 12, 2009

Common Cause press release on first bailout

From the inbox:
The financial bailout: Your tax dollars gone missing

(BOSTON) The financial industry bailout was intended to help stem foreclosures, free up credit for consumers, and help local communities. What’s happened right here in our own backyards?

As CEOs from the largest banks that received bailout funds prepare to testify Wednesday in front of Congress, Common Cause is releasing a report describing how bank recipients of bailout funds have failed to increase lending to the residents of Massachusetts.

The Common Cause report, The financial bailout: Your tax dollars gone missing, calls on state and local political leaders to do more to hold banks accountable for helping local communities with the public tax dollars they have received.

“State and local government have a role to play during this financial crisis,” said Pam Wilmot Common Cause Massachusetts Executive Director. “Our local officials should also be holding both local banks and local branches of national banks accountable for how they are spending our tax money they received from the financial bailout.”

According to the Common Cause report, as the bailout money flowed to banks, their lending shrank. Loans from U.S. banks fell by 1 percent in the last three months of 2008, and the decline was more than twice as large among banks that received bailout money. At the same time, there were 53,797 foreclosure filings in Massachusetts during 2008. Some recipients of bailout money have spent billions on executive bonuses or lobbying expenses.

Common Cause has already heard from thousands of people with personal stories about how the bailout is not working for them and their neighbors, and with questions for their political leaders.

“We are in the midst of an historic economic crisis and we need to know our public dollars are being spent to help real people rather than supporting the lavish lifestyles of the very people that got us into this mess,” said Wilmot.

The report can be viewed at www.commoncause.org/ma/bailoutreport.

Gregg out at Commerce ...

The Drudge Report is saying he is, with a flashing banner headline ... wow, this could get interesting.

Update: There is this from AP: ["GOP leaders criticize White House role in census"].

Update 2: Here is the statement, via Drudge:

For Immediate Release:
Thursday, February 12, 2009

Senator Gregg Statement on His Withdrawal for Consideration of U.S. Commerce Secretary

"I want to thank the President for nominating me to serve in his Cabinet as Secretary of Commerce. This was a great honor, and I had felt that I could bring some views and ideas that would assist him in governing during this difficult time. I especially admire his willingness to reach across the aisle.

However, it has become apparent during this process that this will not work for me as I have found that on issues such as the stimulus package and the Census there are irresolvable conflicts for me. Prior to accepting this post, we had discussed these and other potential differences, but unfortunately we did not adequately focus on these concerns. We are functioning from a different set of views on many critical items of policy.

Obviously the President requires a team that is fully supportive of all his initiatives.

I greatly admire President Obama and know our country will benefit from his leadership, but at this time I must withdraw my name from consideration for this position.

As we move forward, I expect there will be many issues and initiatives where I can and will work to assure the success of the President’s proposals. This will certainly be a goal of mine.

Kathy and I also want to specifically thank Governor Lynch and Bonnie Newman for their friendship and assistance during this period. In addition we wish to thank all the people, especially in New Hampshire, who have been so kind and generous in their supportive comments.

As a further matter of clarification, nothing about the vetting process played any role in this decision. I will continue to represent the people of New Hampshire in the United States Senate."

Hey Judd, that's assuming we still want you in the Senate "representing" us, right? Frankly, I think it is time for some "real" change to the Senate. Bring on the 2010!

Lynch makes budget cuts ....

Here is the latest on the state's budget mess: ["Lynch demands sweeping cuts in state spending"].
I'm beginning to wonder if it wouldn't be better to levy a statewide tax on liquor and then allow private stores to sell it via license, similar to packies in Massachusetts. The state would still reap the benefit of the sales but not have to pay all those employees to run the stores. Businesses currently selling beer and wine could apply for the right to sell liquor.
There are some great comments on the UL's Web site. Check out the one about the Verizon Wireless arena. I can't believe Manch is paying an annual $4-plus million interest bill on that thing, money that is going against the state's rooms and meals tax. What a disaster!
That said, this is all better than implementing a sales or income tax that many of us out here can't afford.

I can't believe I'm going to say this but ...

I'm beginning to wonder if society should have a conversation about what is acceptable and what isn't in regard to bearing children. I'm brought to this statement after seeing this headline on Yahoo: ["Taxpayers may have to cover octuplet mom's costs"].
In many ways, we all pay for children one way or another. We pay billions for education. Some people pay more taxes than others based on deductions for children by others, because the burden gets shifted. And, as a father who benefits from these deductions, I'm not making a judgment on whether or not this is bad. It is very good. We also do that with housing - home owners with interest get deductions; renters just trying to get by or hoping to eventually become homeowners do not.
But, at some point along the way, someone should have sat down with this woman, who has six other children, and said, You can't have eight more children! I don't know who should have done that or how it should have been done, or whether or not there should be laws against this, but it should have been done. Now that the children have been brought into the world, they must be cared for. But this is so offensive in so many ways, I just can't believe that any mother in the world would be so selfish as to do this.

Tuesday, February 10, 2009

So, Yoon's record is thin after all

Or so says David Wedge at the Boston Herald: ["Sam Yoon’s council record thin"]. This is kinda funny, considering that I wrote that some of my friends have said he hasn't done much, and a whole bunch of progressives, with links to city hall, chastised me for it! Oh boy.
So, seriously, does anyone really think that he has a chance in hell of winning?

Oh this is great ...

A documentary about TV horror movie hosts:



Sunday, February 8, 2009

Tax the speculators

Guest perspective by Ralph Nader
Let’s start with a fairness point. Why should you pay a 5 to 6 percent sales tax for buying the necessities of life, when tomorrow, some speculator on Wall Street can buy $100 million worth of Exxon derivatives and not pay one penny in sales tax?

Let’s further add a point of common sense. The basic premise of taxation should be to first tax what society likes the least or dislikes the most, before it taxes honest labor or human needs.

In that way, revenues can be raised at the same time as the taxes discourage those activities which are least valued, such as the most speculative stock market trades, pollution (a carbon tax), gambling, and the addictive industries that sicken or destroy health and amass large costs.

So, your member of Congress, who is grappling these days with gigantic deficits on the backs of your children at the same time as that deep recession and tax cuts reduce revenues and increase torrents of red ink, should be championing such transaction taxes.

Yet apart from a small number of legislators, most notably Congressman Peter Welch (Dem. VT) and Peter DeFazio (Dem. OR), the biggest revenue producer of all — a tax on stock derivative transactions — essentially bets on bets — and other mystifying gambles by casino capitalism—is at best corridor talk on Capitol Hill.

There are differing estimates of how much such Wall Street transaction taxes can raise each year. A transaction tax would, however, certainly raise enough to make the Wall Street crooks and gamblers pay for their own Washington bailout. Lets scan some figures economists put forth.

The most discussed and popular one is a simple sales tax on currency trades across borders. Called the Tobin Tax after its originator, the late James Tobin, a Nobel laureate economist at Yale University, 10 to 25 cents per hundred dollars of the huge amounts of dollars traded each day across bordered would produce from $100 to $300 billion per year.

There are scores of civic, labor, environmental, development, poverty and law groups all over the world pressing for such laws in their countries. (see tobintaxcall.free.fr).

According the University of Massachusetts economist, Robert Pollin, various kinds of securities-trading taxes are on the books in about forty countries, including Japan, the UK and Brazil.

Pollin writes in the current issue of the estimable Boston Review: “A small tax on all financial-market transactions, comparable to a sales tax, would raise the costs on short-term speculative trading while having negligible effect on people who trade infrequently. It would thus discourage speculation and channel funds toward productive investment.”
He adds that after the 1987 stock market crash, securities-trading taxes “or similar measures” were endorsed by then Senate Minority Leader Bob Dole and even the first President Bush. Professor Pollin estimates that a one-half of one percent tax would raise about $350 billion a year. That seems conservative. The Wall Street Journal once mentioned about $500 trillion in derivatives trades alone in 2008 — the most speculative of transactions. A one tenth of one percent tax would raise $500 billion dollars a year, assuming that level of trading.

Economist Dean Baker says a “modest financial transactions tax would be enough to “finance a 10% across-the-board reduction in the income tax on labor.

The stock transaction tax goes back a long way. A version helped fund the Civil War and the imperial Spanish-American War. The famous British economist, John Maynard Keynes, extolled in 1936 a securities transaction tax as having the effect of “mitigating the predominance of speculation over enterprise.” The U.S. had some kind of transaction tax from 1914 to 1966.

The corporate history scholar (read his excellent book, "Unequal Protection") Thom Hartmann, turned three-hour-a-day talk-show-host on Air America (airamerica.com/thomvision), had discussed the long evolution of what he calls a “securities turnover excise tax” to “tamp down toxic speculation, while encouraging healthy investment.”

So, why don’t we have such a mega-revenue generator and lighten the income tax load on today and tomorrow’s American worker? (It was one of the most popular ideas I campaigned on last year. People got it.) Because American workers need to learn about this proposed tax policy and ram it through Congress. Tell your Senators and Representatives — no ifs, ands or buts. Otherwise, Wall Street will keep rampaging over people’s pensions and mutual fund savings, destabilize their jobs and hand them the bailout bill, as is occurring now.

A few minutes spent lobbying members of Congress by millions of Americans (call, write or e-mail, visit or picket) will produce one big Change for the better. Contact your member of Congress. The current financial mess makes this the right time for action.

Legislature to hold budget hearings around the state

The House Finance Committee will once again take the budget on the road, holding public hearings in three different sized and geographically situated communities during March.
Members of the Ways and Means Committee will also be sitting in on the hearings. In the New Hampshire House of Representatives, the Finance Committee deals with expenditures and Ways and Means deals with revenues.
"This method worked well two years ago," according to Finance Committee Chair Marjorie Smith."We decided to do it for the next budget, too. In these trying economic times, it can only help the average citizen to be able to talk with us directly. We want to hear from the people who use state services, especially because we make decisions that have an impact on their lives. This is an opportunity for us to hear from those other than lobbyists and people who can get to Concord for other hearings."
The Legislature is required to plan a two-year budget well in advance of its actually going into place. For example, the current budget for 2009 runs from July 2008 to the end of June 2009 and was planned and put into place in the spring of 2007.
The public is encouraged and invited to attend the hearings. Information will be provided at each making it simple for residents to testify before the committee.
The public hearings are scheduled as follows:
• SALEM, Monday, March 9, at 6 p.m., in the Media Center at Salem High School, 44 Geremonty Drive.
• CLAREMONT, Thursday, March 12, at 6 p.m. at the River Valley Community College, One College Drive.
• WHITEFIELD, Monday, March 16, at 6 p.m., at White Mountains Regional High School Auditorium, 127 Regional Road.

Friday, February 6, 2009

The power of radio ...

Howie Carr ... not a bad guy, as Jerry Williams used to say: ["Distraught woman’s cry for help heard by Howie Carr"].
I'm heading to the New England Press Association convention today and tomorrow, plus the awards banquet tomorrow night. So, they'll be limited posting until the end of the weekend when I'll catch up on some headlines.
However, I will say this: My co-worker Cassie Norton, the reporter of the Belmont Citizen-Herald, and I have won a NEPA Award this year for government reporting. We don't know which entry yet or what place, only that we've won something. I haven't been able to tell anyone for months but since it is only tomorrow, why not leak it? I can hardly wait to see the entry on the wall for all to see!

Tuesday, February 3, 2009

Tony on the radio Thursday ....

Well it's been a while but I'll be back on the air on Thursday, Feb. 5, for a couple of hours.
From 2 to 4 p.m., I'll be sitting in for two hours of talk radio with Chuck Morse on his new radio show on WBNW 1120 AM. The signal runs from Boston to Worcester, Nashua, N.H. to Brockton. The show is also heard on WPLM 1390 in Plymouth and WESO 970 in Southbridge/Webster.
To listen online, click here: ["WBNW"].
The call-in number is 888-205-2263. Feel free to chime in.
Chuck's show runs the gamut from politics, religion, economics, and foreign affairs, with a very traditional conservative bent. I don't know what the topics will be exactly but it will definitely be lively, since we have a tendency to go at it pretty good. I hope you can tune in.

Another friggin' snowstorm on deadline!

Arrgh!!! Oh boy ...

What a weird (political) day ...

First, Obama nominates Judd Gregg to Commerce: ["Judd Gregg to head Commerce Department"]. I have really mixed feelings about this but I don't have the time to get into it ...
Then Sen. Feingold gets into the mix: ["Feingold Calls for Constitutional Change to Senate Appointment Following Gregg Nomination"]. Good ole Russ ... raising hell ...
And Rep. Paul Hodes jumps into the 2010 race: ["Rep. Paul Hodes to seek Gregg's Senate seat"]. Shea Porter is also interested but isn't going to jump in yet. I wonder what the means for Katrina Swett, Steve Marchaud, that astronaut from Hanover, whose name is slipping me at the moment, who have all been waiting their turn to run ...
Later, Tom Daschle drops out of HHS contention: ["Tom Daschle Withdraws As Health Nominee"]. What a disaster he would have been. Thank goodness he is out.
And then, this other nominee drops out too: ["Citing Tax Troubles, an Obama Appointee Withdraws"]. I don't know this woman but let me ask this: What's with these people and their taxes? What a weird day ...

Update:
And then, it gets even weirder!! ... ["Gregg Voted to Kill Commerce Before He Agreed to Lead It"].

Sunday, February 1, 2009

R.I.P. Marshall Cobleigh

From yesterday's news alert: ["Former state House speaker Marshall Cobleigh dies at 78"]. I interviewed Cobleigh when his very interesting book came out. I also ran into him on N.H. primary eve, 2008, at a bar in Manch. We all talked shop for about an hour or so and it was great fun. R.I.P.

Morse gets new afternoon show

From the inbox:

Chuck Morse, one of the most conservative and controversial radio talk show hosts in the Northeast market, has opened the microphones for “Talking With Chuck and Phil” weekdays at WBNW, a business and finance station at 1120 AM reaching professionals in the Boston market.

Morse has been named one of the top 100 radio show hosts by Talkers Magazine, the industry’s trade publication, and his show promotes conservative causes in the most liberal political enclave in America.

“I am proud to work alongside WBNW’s Barry Armstrong, host of “Money Matters” and to have as co-host my colleague Phil Keon,” Morse said. “Our program will focus on political, social and cultural issues in the news, and we are looking forward to inviting prominent Boston area newsmakers, businessmen, academics, media experts and conservative intellectuals,” Morse said.

“Talking With Chuck and Phil” will air Monday through Friday from 2-4 p.m. The show is simulcast on WPLM, Plymouth and WESO, Southbridge and "Chuck Morse Today" a one-minute news commentary written and delivered by Morse broadcasts daily and is syndicated to radio stations across the nation.

Morse was the 2004 Republican nominee for Congress in the Fourth District, which stretches from Brookline to the Rhode Island border. He is the author of several books espousing conservative philosophies and is widely sought as a speaker at forums and debates throughout the region.

“This is a very exciting time for conservatives across America,” Morse said. “The Obama administration follies have already offended many Americans, and Republicans are sharpening their message in preparation for the 2010 mid-term Congressional elections.”