Republicans prepare contempt citation against Eric Holder over Fast and Furious

(CBS News) — House Republicans investigating the Fast and Furious scandal plan to pursue a contempt citation against Attorney General Eric Holder, senior congressional aides told CBS News.

The resolution will accuse Holder and his Justice Department of obstructing the congressional probe into the allegations that the government let thousands of weapons fall into the hands of Mexican drug cartels.

The citation would attempt to force Holder to turn over tens of thousands of pages of documents related to the probe, which has entered its second year.

For months, congressional Republicans probing ATF’s Fast and Furious “Gunwalker” scandal – led by California Republican Rep. Darrell Issa, have been investigating a contempt citation. They’ve worked quietly behind the scenes to build support among fellow Republicans, since it could ultimately face a full House vote.

CBS News has confirmed that House Speaker John Boehner, an Ohio Republican, was provided a 48-page long draft by Issa, who heads the House Oversight and Government Reform Committee.

Read More at CBS News. By Sharyl Attkisson.

Photo Credit: ryanjreilly Creative Commons

Video: USA Will Implode With Debt

Here is a video which shows how desperate the fiscal situation is in America. Our useless leaders fight over scraps on the Titanic as we head into the night.

Reviewing Last Week’s Key Polls

Despite media fixation on the scream of the week, most Americans remain focused on the essentials, and their views on them are consistent over time, even if the Political Class continues to ignore them.

Take the auto bailouts. They’ve been unpopular since day one, and they’re still unpopular. Admittedly, thanks to the political spin out of Washington, the bailouts are a bit less unpopular because many Americans incorrectly believe the government made money or broke even on them. But when informed of the real price tag, opposition is just as high as ever.

The majority of Americans nationwide still believes General Motors should have gone through the regular bankruptcy process instead of the federal government taking over in exchange for bailout money.

But then President Obama recently suggested that government investment is what has made America great. Voters express a lot more confidence in the free enterprise system. In fact, just 27% agree that government investments made America great. By comparison, 69% think the free enterprise system deserves the credit.

Unfortunately, and this is where the Political Class again enters in, many see crony capitalism at work in the free market system, especially when it comes to the awarding of government contracts. Sixty-six percent (66%) of voters believe most government contracts are given to the company with the most political connections rather than the one that can provide the best service for the best price.

Read More at rasmussenreports.com.

Arizona v. United States: Reading the Tea Leaves of Oral Argument

On April 25, 2012, the U.S. Supreme Court heard oral argument in Arizona v. United States, involving the constitutionality of the State’s effort to combat illegal immigration. In one sense, it was a rematch between former Solicitor General Paul Clement, arguing for Arizona, and the current Solicitor General, Donald Verrilli, contending for the United States. The two had squared off just a month before in United States v. Florida, the battle royale over the constitutionality of the ObamaCare mandate requiring everyone to purchase health care insurance prescribed by the federal government.

In each case, the justices, by their questions and comments, appeared to disfavor the Obama administration’s position. In the ObamaCare case, several justices expressed concern that, if the individual mandate were to be found constitutional, it would dismantle the federal system, rendering the Tenth Amendment reservation of powers to the States and the people a dead letter. Now, in the Arizona immigration case, several justices expressed concern that the Obama Administration’s claim of “exclusive power” to regulate immigration would have a similar impact on the independence and sovereignty of the 50 states.

The issue arose early in the oral argument, even before the solicitor general could make his claim of exclusivity. Justice Scalia kicked off, asking Mr. Clement whether he would concede “that the State has to accept within its borders all people who have no right to be there, that the Federal Government has no interest in removing … and the State has no power to close its borders to people who have no right to be there.” Remarkably, Mr. Clement did not answer the justice’s inquiry with a firm no, prompting Justice Kennedy to inquire: “Can we say, or do you take the position that a State must accept within its borders a person who is illegally present under Federal law?” This time Mr. Clement answered: “I think my answer to that is no.” But he did not back up his answer with either reason or conviction, resting Arizona’s case on the sole ground that the state has the constitutional right to help the federal government to enforce federal law.

In contrast, General Verrilli boldly rejected Mr. Clement’s basic argument that the Arizona immigration law was nothing more than the state “aid to Federal immigration enforcement,” when as a matter of fact, “Arizona is pursuing its own policy of attrition through enforcement and that the provisions of this law are designed to work together to drive unlawfully present aliens out of the State. That is something Arizona cannot do because the Constitution vests exclusive –“

Read More at Western Journalism. By Herbert W. Titus and William J. Olson.

Does Quantitative Easing Benefit the 99% or the 1%?

Forget Competing Theories … What Do the Facts Say about Quantitative Easing?

Paul Krugman says that QE, expansive monetary policy and inflation help the little guy (the 99%) and hurt the big banks (the 1%).

Of course, followers of the Austrian school of economics dispute this argument – and say that it is only the big boys who benefit from easy money.

As hedge fund manager Mark Spitznagel argues in the Wall Street Journal, in an article entitled “How the Fed Favors The 1%”:

The relentless expansion of credit by the Fed creates artificial disparities based on political privilege and economic power. [We have repeatedly pointed out that Fed policy increases inequality.]David Hume, the 18th-century Scottish philosopher, pointed out that when money is inserted into the economy (from a government printing press or, as in Hume’s time, the importation of gold and silver), it is not distributed evenly but “confined to the coffers of a few persons, who immediately seek to employ it to advantage.”

In the 20th century, the economists of the Austrian school built upon this fact as their central monetary tenet. Ludwig von Mises and his students demonstrated how an increase in money supply is beneficial to those who get it first and is detrimental to those who get it last. Monetary inflation is a process, not a static effect. To think of it only in terms of aggregate price levels (which is all Fed Chairman Ben Bernanke seems capable of) is to ignore this pernicious process and the imbalance and economic dislocation that it creates.

Read More at zerohedge.com

Photo Credit: Medill DC (Creative Commons)

EPA Official’s ‘Philosophy’ On Oil Companies: ‘Crucify Them’

Sen. James Inhofe (R-OK) took to the Senate floor today to draw attention to a video of a top EPA official saying the EPA’s “philosophy” is to “crucify” and “make examples” of oil and gas companies – just as the Romans crucified random citizens in areas they conquered to ensure obedience.

Inhofe quoted a little-watched video from 2010 of Environmental Protection Agency (EPA) official, Region VI Administrator Al Armendariz, admitting that EPA’s “general philosophy” is to “crucify” and “make examples” of oil and gas companies.

In the video, Administrator Armendariz says:

“I was in a meeting once and I gave an analogy to my staff about my philosophy of enforcement, and I think it was probably a little crude and maybe not appropriate for the meeting, but I’ll go ahead and tell you what I said:

“It was kind of like how the Romans used to, you know, conquer villages in the Mediterranean. They’d go in to a little Turkish town somewhere, they’d find the first five guys they saw and they’d crucify them.

“Then, you know, that town was really easy to manage for the next few years.”

Read More at cnsnews.com. By Craig Bannister.

Video: O’Reilly Takes NBC News To Task Over Media Bias

Fox News’ Bill O’Reilly challenged The Washington Post’s Faith Editor Sally Quinn in her defense of NBC News’ Andrea Mitchell acting as both a reporter and commentator.

The secularization of Martin Luther King Jr.

At the National Catholic Prayer Breakfast in Washington earlier this month, the faithful met to worship the Almighty and discuss the latest battles for religious liberty in an increasingly secular culture.

When the Knights of Columbus’ Supreme Knight Carl Anderson spoke, he made a startling observation about the capital’s new Dr. Martin Luther King Jr. monument: Even though Dr. King was a Baptist minister and his history-altering speeches about civil liberties are saturated with references to natural rights and profound theological constructs, none of the 14 quotes carefully etched into his stone monument contain references to God.

Mr. Anderson mocked those in authority who were given the difficult task of carefully combing through Rev. King’s archives to find a few secular quotations.

In Dr. King’s famous “Letter from Birmingham Jail,” which is full of religious references, he relied on the Catholic natural law tradition by citing Saint Augustine of Hippo, who said in “On Free Choice of the Will” that “an unjust law is no law at all.” King went on to proclaim he and his peaceful supporters were “in reality standing up for what is best in the American dream and for the most sacred values in our Judeo-Christian heritage, thereby bringing our nation back to those great wells of democracy which were dug deep by the founding fathers in their formulation of the Constitution and the Declaration of Independence.”

There is no question about Rev. King’s adherence to scripture, and it was his fidelity to religious principles which lead him to a higher calling on this earth. Instead of excusing injustice, King fought oppression and inequality. And while he is no longer with us, his ability to look evil in the face and defend the inherent rights of all men is a model which all true Christians must follow.

Read More at The Daily Caller. By Ken Blackwell.

Photo Credit: afagen (Creative Commons)

A Brief Review of History for the Benefit of Chuck Schumer

The US Supreme Court is hearing arguments for and against Arizona’s Know-Nothing Appeasement Law this week. All of the sides are clearly wrong about one or more major issues, but (as is so often the case) US Senator Charles Schumer (D-NY) garners the award for Dumbest Sound Byte of the Day:

Immigration has not and never has been an area where states are able to exercise independent authority.

In point of fact, the states exercised the only political authority over immigration into the United States from its founding until the late 19th century.

The US Constitution, as ratified, explicitly forbade the federal government to interfere with state control over immigration for 20 years:

Article I, Section 9: The Migration or Importation of such Persons as any of the States now existing shall think proper to admit, shall not be prohibited by the Congress prior to the Year one thousand eight hundred and eight, but a Tax or duty may be imposed on such Importation, not exceeding ten dollars for each Person.

Additionally, the US Constitution, as ratified, forbade its own amendment to change that for 20 years:

Article V: … no Amendment which may be made prior to the Year One thousand eight hundred and eight shall in any Manner affect the first and fourth Clauses in the Ninth Section of the first Article …

That was not accidental. It was debated, and those favoring a federal immigration power lost, primarily because such a power would likely have kept the Constitution from being ratified both in the slave-holding south and industrializing (and therefore immigration-encouraging) Pennsylvania.

Read More at knappster.blogspot.com

House Vote Sets Up Senate Cybersecurity Showdown

The House’s solid bipartisan vote for a cybersecurity bill sends a message to the Senate: Now it’s your turn to act.

Ignoring a White House veto threat, the House approved the Cyber Intelligence Sharing and Protection Act, which would encourage companies and the federal government to share information collected on the Internet to help prevent electronic attacks from cybercriminals, foreign governments and terrorists.

The vote Thursday was 248-168, with 42 Democrats joining 206 Republicans in backing the measure.

Congressional leaders are determined to get a cybersecurity bill completed this election year but that may be difficult. The Obama administration and several leading Senate Democrats and Republicans want a bill that would give the Homeland Security Department the primary role in overseeing domestic cybersecurity and the authority to set security standards. The House bill would impose no new regulations on businesses, an imperative for Republicans.

In the coming weeks, the Senate will try to proceed on its bill by Sens. Joe Lieberman, I-Conn., and Susan Collins, R-Maine, who have said the House bill is inadequate in protecting against cyberattacks. Senior Senate Republicans, such as Sen. John McCain of Arizona, argue that Homeland Security is ill-equipped to determine how best to secure the nation’s essential infrastructure and has introduced his own bill.

Read More at OfficialWire. By Donna Cassata, AP.