Friday, November 18, 2011

To: Friends & Supporters

From: Gary L. Bauer


Democrats Defeat Balanced Budget Amendment

As I reported yesterday, the national debt now exceeds $15 trillion for the first time in our nation's history. Barack Obama has increased the national debt at a faster pace than any president in U.S. history. According to CBS News, "The national debt increased $4.9 trillion during the eight-year presidency of George W. Bush. The debt now is rising at a pace to surpass that amount during Mr. Obama's four-year term."

In response to Obama's out-of-control spending, Speaker John Boehner demanded a vote on a balanced budget amendment as part of the recent deal to increase the debt limit. A May Mason-Dixon poll found that 65% of Americans support a balanced budget amendment, including 81% of Republicans, 68% of independents and 45% of Democrats.

Just hours ago, the House of Representatives, under Speaker Boehner's leadership, did vote on a constitutional amendment to require a balanced budget. Needing a two-thirds majority to pass, the amendment failed 261-to-165. Democrats defeated it. House Republicans were virtually unanimous with 98% supporting the amendment. But it still fell 29 votes short because only 13% of House Democrats voted in favor.

Remember that when you go to the polls in 354 days. Barack Obama is adding to the national debt faster than any president before him. As a result, America is now $15 trillion in debt. Yet he and his party oppose a balanced budget amendment that would stop the reckless spending that threatens to bankrupt us.

Corruption & Corzine

If Occupy Wall Street wants to improve its image, it should stop harassing school children and focus on fighting something really immoral -- like corruption. How about Jon Corzine and MF Global?

As you may know, the company recently declared bankruptcy -- the eighth largest bankruptcy in American history. Even worse, hundreds of millions of investors' dollars are missing, most likely stolen and lost trying to cover bad bets at MF Global. And yet this scandal is also missing from the front pages and the evening news.

It has been covered up and ignored by the liberal media because Corzine didn't fit the left's narrative of greedy Wall Street bankers as conservative Republicans. Like Bernie Madoff, Corzine is a liberal Democrat and a former senator and governor of New Jersey.

I've written about this before, but it bears repeating. We are urging our friends in Congress to make corruption and reform major issues. The American people need to have confidence in our government and laws. Where were the regulators? How is it that the MF Global scandal could still happen in the post-Enron, Sarbanes-Oxley, Dodd-Frank environment?

It's good that the House is holding hearings on the Solyndra scandal. But they need to hold hearings on MF Global too. Haul Jon Corzine up to Capitol Hill and force him to testify on how he gamed the system.

By the way, if you want to know how close Corzine was to this administration, check out this video of Joe Biden saying that they got their stimulus ideas from Corzine. The vice president also said, "He's the smartest guy I know in terms of the economy and finance." That explains a lot!

How Long Can Holder Hold On?

While Big Media are doing their best to ignore the various scandals and controversies surrounding Attorney General Eric Holder, congressional Republicans are turning up the heat. As more information comes to light about Operation Fast and Furious, which resulted in the death of a Border Patrol Agent, more members of Congress are demanding Holder's resignation. To date 51 congressmen have called for Holder to step down.

Yesterday, Rep. Lynn Westmoreland (R-GA) added his voice to the growing list of lawmakers demanding the attorney general's resignation. Rep. Westmoreland said:

"Fast and Furious played fast and loose with the American public's safety, leaving a U.S. Border Patrol agent dead and DOJ-purchased guns in the hands of Mexican drug lords. To say this program was a failure and an embarrassment to the U.S. justice system is an understatement. …[Holder] is the head of the Department of Justice and the buck stops with him. It's time for Mr. Holder to hold himself accountable."

In addition, CNSNews reports that Senator Jeff Sessions (R-AL) is demanding that Holder provide written testimony to the Senate Judiciary Committee regarding "Justice Elena Kagan's possible involvement in President Barack Obama's health-care legislation or litigation that was filed … during the time she was solicitor general."

Rep. Lamar Smith, chairman of the House Judiciary Committee, asked for essentially the same information back in July. In late October he finally received a reply from an assistant attorney general essentially saying, "Stuff it!" Chairman Smith sent Holder a letter the next day demanding to know on what legal grounds he was refusing the committee's request. He gave Holder until November 4th to respond. Holder never did.

At a Senate Judiciary Committee hearing last week, Holder was pressed to explain why he ignored the chairman of the House Judiciary Committee and whether and when he would comply. Holder answered, "I'm not familiar with that request. I'd have to look at it." I suspect Chairman Smith's request ended up in the same circular file with the Fast and Furious memos that Holder never read either.

Once again, the Democrat double standard is on full display. Ed Meese and Al Gonzales, Attorneys General for Ronald Reagan and George W. Bush, were forced out of office by partisan attacks from liberal politicians and their media allies. Now we have an attorney general whose mistakes resulted in a border agent dying, who defies Congress and is running the Justice Department as it if were a subsidiary of the Democrat National Committee.

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