Even weirder, the Democratic leadership has made it clear that they plan to pass their financial re-regulation act before the November elections -- even though they legally call for recommended changes from the Commission to be reported back to them after the election, in December.
Sadly, Angelides' kangaroo-court attitude does not seem to be an aberration. On Saturday, the president, in the words of the Washington Post, "unleashed a verbal barrage against the nation's largest banks, accusing them of wanton selfishness by refusing to accept new regulations he and his party are proposing, and for fighting a new tax that Obama wants to impose."
The president proposes enacting "The Financial Crisis Responsibility Fee," which is a $90-billion tax leveled against the 50 largest banks that, according to the Post, "Obama called responsible for pushing the nation into economic crisis. By paying the tax, the nation's largest banks would settle their debt to taxpayers." That the bank paid back, with interest, the money loaned to them by the taxpayers does not excuse them from this new tax.
Blankley, who had been suffering from stomach cancer, died Saturday night at Sibley Memorial Hospital in Washington, his wife, Lynda Davis, said Sunday.
In his long career as a political operative and pundit, his most visible role was as a spokesman for and adviser to Gingrich from 1990 to 1997. Gingrich became House Speaker when Republicans took control of the U.S. House of Representatives following the 1994 midterm elections.