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Confirmation Of Obama?s Nobel Prize-Winning Fed Nominee May Hinge On Senate Filibuster Reform

Posted in Main Blog (All Posts) on December 25th, 2010 5:39 am by HL

Confirmation Of Obama?s Nobel Prize-Winning Fed Nominee May Hinge On Senate Filibuster Reform
As productive as the 111th Congress was at passing large, important pieces of legislation, it was also a Congress that witnessed “more procedural obstruction under both parties than at any previous time in the past century.” One of the greatest victims of Republican obstruction has been the nominations process. A whole host of President Obama’s […]

diamondAs productive as the 111th Congress was at passing large, important pieces of legislation, it was also a Congress that witnessed “more procedural obstruction under both parties than at any previous time in the past century.” One of the greatest victims of Republican obstruction has been the nominations process. A whole host of President Obama’s qualified nominees have been stalled for inexplicable reasons. Yesterday, the White House announced it would renominate one key member from that list:

President Barack Obama will renominate Peter Diamond to the U.S. Federal Reserve’s Board of Governors, a White House official said Thursday, a day after the Senate left town without voting on the nomination.

But when the next Congress convenes in 2011, Mr. Diamond could find it even harder to win backing from the Senate, where Republicans will have five more seats than they do now.

Peter Diamond, a 70-year old MIT Professor of Economics, is of course notable because, subsequent to his nomination, he was awarded the Nobel Prize in Economics. Republicans, led by Sen. Richard Shelby (R-AL), have ludicrously argued that Diamond isn’t qualified to sit on the Fed Board.

After Diamond was awarded the Nobel, the Senate Banking Committee approved his nomination for a second time, but Shelby continued to object, forcing Diamond’s nomination to languish at the close of this last Congress.The Senate’s inaction leaves one opening on the Fed and “deprives Chairman Ben S. Bernanke of intellectual support in Fed debates over his efforts to reduce unemployment through an expansion of record monetary stimulus.”

The absurdity surrounding Diamond’s process highlights the urgent need for reform of Senate rules and procedure. As ThinkProgress’ Ian Millhiser wrote, “The reason for this [obstruction] is because dissenting senators can force the Senate to waste hours or even days effectively doing nothing in order to pass a single bill or confirm a single nominee.”

Fortunately, the entire returning Democratic caucus has signed onto an effort to make the Senate procedural process more responsive and efficient. “Such a move could come at the start of next Congress, shortly after the Senate returns on January 5th.” The success of Diamond’s nomination may hinge on what happens on that day.

Rep. Randy Forbes Decries Smithsonian Art Museum Funding As Unconstitutional
In October, the Smithsonian National Portrait Gallery unveiled a new exhibit, “Hide/Seek: Difference and Desire in American Portraiture”, which explored gender and sexual identity in American culture. Four weeks later, the conservative CNS News released a report complaining about some of the artwork, including a video exhibit that showed ants on top of an image […]

In October, the Smithsonian National Portrait Gallery unveiled a new exhibit, “Hide/Seek: Difference and Desire in American Portraiture”, which explored gender and sexual identity in American culture. Four weeks later, the conservative CNS News released a report complaining about some of the artwork, including a video exhibit that showed ants on top of an image of Jesus, meant to symbolize the suffering of an AIDS victim. Soon thereafter, the right-wing backlash began.

As ThinkProgress detailed last month, conservatives were up in arms against what the Catholic League called an “assault on the sensibilities of Christians.” Many on the right called for a congressional probe into the museum’s funding, including Rep. Jack Kingston (R-GA) and incoming House Majority Leader Eric Cantor (R-VA). The day after CNS News’s report, the Smithsonian decided to remove the video in question.

Rep. Randy Forbes (R-VA) fired another volley this week in the war against the Smithsonian. During an interview on the right-wing radio program Wallbuilders Live!, Forbes and host Rick Green agreed that funding for the Smithsonian National Portrait Gallery was unconstitutional because, as they allege, the Constitution “only gives Congress the power to protect an artist’s creation, not to actually fund it”:

GREEN: We’ve been talking about how Article I, Section 8 only gives Congress the power to protect an artist’s creation, not to actually fund it. So Congressman Forbes, what do you think?

FORBES: I think that’s a great point. As you know, the Founders envisioned us just creating an environment where we were empowering artists to use their talents and their creations, and we were having individuals reach out and raise those funds on their own and not involve the government in doing that. We’ve come so far away from the original intent about constitutional mandate and I think it’s time we get back to it.

GREEN: Yeah, seems like if you did it that way where Congress was protecting their rights in terms of being able to do it and in terms of protecting their proprietary creations, but then the market would decide whether or not the money would there to do something. I can’t imagine folks like this – this trash that gets out there – being funded by the market. Maybe it would be, but at least it wouldn’t be my tax dollars, you know what I mean?

FORBES: Well I think you’re right Rick. We see that over and over again when we get these left-wing radio shows and these left-wing TV programs, and you just look at the viewing audience and where it is. They’re always subsidized, if they’re not subsidized by the federal government, it’s somebody who has that kind of agenda. And every single time, their ratings are very, very low and their viewing audience is very, very low. So as you mentioned, in the marketplace of ideas, this is just not the kind of thing that would be very acceptable, and I think you wouldn’t see it coming in a private sector venue.

Listen here:

Though Forbes is up in arms about federal funding being used to pay the Smithsonian’s budget, ThinkProgress’s Tanya Somanader makes an important point: “While 55 percent of the Smithsonian budget is federally funded, those funds are only used to pay for the buildings, the care of collections exhibited at Smithsonian venues, and museum staff. Museum exhibits are funded solely by private donations, including ‘Hide/Seek.’”

Still, Forbes is simply adding his voice to the growing chorus of conservatives — including Ginni Thomas, Sen. Tom Coburn (R-OK), and failed Senate nominees Joe Miller, Sharron Angle, Ken Buck, and John Raese — who simply declare any policy they disagree with “unconstitutional.”

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