Cyprus to raid private bank deposits, on orders from European Union.
Basically, it goes like this: the EU bails out Cypriot banks to the tune of 10 billion euros, in partial exchange for a 6.75% to 9.9% raid on Cypriot personal accounts (which is supposed to net about 5.8 billion euros in revenue), collectable probably now Tuesday*. See also here, here, and here. Naturally, the subjects of Cyprus (I can’t in either good conscience or grammar | Read More »
Andrew Cuomo tells local governments to consolidate.
Alternate title: Son, you’re on your own. The New York state budget currently under negotiation may be remembered years from now as the beginning of the end for many small towns, cities and school districts. Gov. Andrew Cuomo had tough words Friday for local officials facing fiscal crises and seeking more help from Albany, telling them they should consolidate services or whole governments and school | Read More »
Organizing for America is still underperforming. Shocker, I know.
Background: Organizing for Action is just as bad at pushing actual policy positions during Obama’s second term as its previous incarnation was as bad at pushing actually policy positions during Obama’s first term. I know that this will disappoint everybody who was expecting OfA a +5 Vorpal Juggernaut, but this was not exactly an unexpected outcome. Well, unexpected by some: there’s possibly an emotional aspect | Read More »
Sen. Robert Menendez a subject of grand jury investigation.
I do not see how this could possibly end badly for the …can we call him ‘embattled,’ yet? Yes, let’s! …embattled New Jersey Democrat*. A federal grand jury in Miami is investigating Sen. Robert Menendez (D-N.J.), examining his role in advocating for the business interests of a wealthy donor and friend, according to three people aware of the probe. Menendez has intervened in matters affecting | Read More »
Beltway “whistleblowing” groups: not-curiously silent on Barack Obama’s lack of transparency.
The solution to this quandary about transparency in the Obama White House is pretty easy to resolve… Whether it’s responding to Congress, media questions, or FOIA requests, this administration is no better than its predecessor. The big difference: Obama is a Democrat. And because he is a Democrat, he’s gotten a pass from many of the civil liberty and good-government groups who spent years watching | Read More »
New Jersey Democratic Mayor to… it’s too comprehensively fun to summarize, sorry.
It’s hard out there for a New Jersey Democrat: East Brunswick Mayor Dave Stahl will head to the Colonial Diner (located at 560 Route 18 N) [Tuesday] morning at 10:30 a.m. and announce his intention to (1) endorse Chris Christie AND (2) switch parties (3) AND run as a GOP candidate for State Senate this fall. That’s Buono’s seat. ‘Buono’ being ‘Christine [Barbara*] Buono,’ who | Read More »
Funny, funny lines from the Senate’s budget follies.
Pick which one you like best! I can’t decide. Senate Democrats say they will soon pass their first budget in four years, but it is proving a test. You can tell, right from the start, that the Hill itself will believe that Senate Democrats will pass a budget when the Hill actually sees one. Senate Democrats are tired of the GOP taunts over their failure | Read More »
Dianne Feinstein slanders PTSD sufferers.
And why is she dumber than soup? It is not entirely because of this errant nonsense: At a Senate Judiciary Committee meeting on Thursday, Senator Dianne Feinstein (D-California) opposed an amendment to her Assault Weapons Ban legislation that would allow military veterans to continue to buy the firearms that would be banned. Feinstein says a veteran may be mentally ill and should be prevented from | Read More »
Barack Obama v. Disappointed Iowan Sixth Graders.
Mr. President? I’d like to introduce you to some of the American people that you are harming with your petulant closing of the White House to tours. (video link here) “The White House is our house! Please let us visit!”
Barack Obama’s basic filibuster mistake.
And it’s a mistake that has little if anything to do with the nomination of John Brennan as CIA Director (although having House Minority Leader Mitch McConnell somewhat surprisingly announce that he was opposing cloture on the eventual vote is not going to help Barack Obama any). It’s also a mistake that has less than you think to do with the question of drone strikes | Read More »
A very contrarian view of Aaron Swartz that will do me no favors.
Sorry for that. But I read this New Yorker piece about Aaron Swartz (short version: was being prosecuted by the government for illegally downloading JSTOR archives; recently committed suicide), and this is the narrative that I take from it: Once upon a time there was a very bright, but easily bored boy who spent his entire life not having to do anything that he didn’t | Read More »
Democratic Colorado senator Evie Hudak to rape survivor: “Statistics are not on your side.”
Quick background here: essentially, Colorado Democrats have decided to respond to recent criminal mass murders by legislating bans on high-capacity magazines, banning concealed carry, taxing legitimate gun purchases, and requiring background checks before private transferal of firearms. And, oh, yes, Colorado Democrats also want to make gun manufacturers liable for crimes committed with those guns, but that’s scheduled for later… what’s that? How would any | Read More »
Let us kill the Medicare ‘doc fix.’
Background: the ‘doc fix’ is one of those things that happens in Dizzy City with alarming regularity. Basically, it was set up in order to control Medicare costs by linking Medicare subsidies to doctors to annual growth; if costs rose too high, Medicare payments to doctors would shrink. Nice feedback loop – only thing is, the first year it was supposed to come into effect | Read More »
Magpul ready to flee Colorado gun-grabbing laws.
I’m pretty sure that Magpul is not bluffing, here: Colorado’s largest and most profitable manufacturer of high-capacity ammunition magazines has vowed to leave the state if lawmakers pass a measure banning the devices — a move officials with the company say could cost hundreds of jobs and upward of $85 million in potential spending this year. Magpul’s threat has Democratic lawmakers scrambling to strike a | Read More »
State Department: sorry, Mr. President. The Keystone Pipeline can go ahead.
The Obama administration is rapidly running out of wiggle room on the Keystone pipeline: The State Department’s long-awaited environmental report on the Keystone XL pipeline leaves President Barack Obama with no real scientific reason to reject the nation’s most fiercely debated energy project. The sprawling 2,000-page report, released late Friday afternoon, doesn’t issue a clear yea or nay on a sprawling section of pipeline that | Read More »