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Archive for May 14th, 2012

Issa’s Monstrous Holder Witch Hunt

Posted in Main Blog (All Posts) on May 14th, 2012 11:08 pm by HL

Issa’s Monstrous Holder Witch Hunt
Juan Williams, The Hill
Since taking over as chairman of the House Oversight and Government Reform Committee last year, Rep. Darrell Issa (R-Calif.) has been investigating President Obama's administration with the tenacity of Captain Ahab in “Moby Dick.

The Boom on the Farm
Robert Samuelson, Washington Post
MARION, Iowa — Sitting in the cab of a $350,000 John Deere tractor pulling a $150,000 Deere corn planter, Greg Carson embodies modern American agriculture. It's capital-intensive, high-tech, efficient — and now immensely profitable. Looking for a bright spot in the U.S. economy? The farm belt is it.Driven by high grain and soybean prices, farmers' cash income hit a record $109 billion in 2011. Land values have followed high crop prices. Since 2006, an average acre of Iowa farmland has doubled. Last year, the increase was 33 percent to $6,708, reports Michael Duffy of Iowa State…

The Amateur: Book Offers Withering Portrayal of Obama
Ed Lasky, AT
Edward Klein's new book on Barack Obama, The Amateur: Barack Obama in the White House, is a withering portrayal of a radical adrift, in over his head, drowning in his own incompetency — while being weighed down by a small circle of “advisers” who are compounding the problem of the Amateur in the White House.Klein's book begins with a talisman-like quote uttered by Barack Obama when his recently appointed Treasury Secretary Tim Geithner tried to boost Obama's ego by telling him, “Your legacy is going to be preventing the second Great Depression.” …

The Big Flip: U.S. Parties Have Switched Roles
Todd Purdum, Vanity Fair
In July 1854, a man by the name of Erastus Haven, a professor of English and Latin at the University of Michigan, dared to speak up at the first state convention of a new American political organization. For his trouble, he was hotly denounced by the Detroit Free Press, which condemned the event as an exercise in “fanaticism and political charlatanry” and called for the professor’s ouster. Haven’s sin was to address the just-born Republican Party, founded on a platform of stopping the spread of slavery, and while he might not recognize the…

We Don’t All Wish to Be California
Jennifer Rubin, Washington Post
If Greece’s economic woes are not a flashing red light for U.S. policy makers, perhaps they will take California’s example to heart. This weekend California Gov. Jerry Brown broke the news to his state: What was projected in January to be a $9 billion budget deficit is now $16 billion.How does that happen, exactly? It’s mind-boggling unless you understand that California has the worst business climate in the country and its revenue projections turned out to be wildly over-optimistic. Reuters explains: “The deeper deficit forecast reflects the…