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Jillian Bandes - That's All, Folks
Posted: 12/17/2010 3:53:52 PM EST
This will be my last full day at Townhall, as I've taken a position in my family's construction company in my hometown near Tampa, Florida. I've had a great ride with the Townhall folks; its truly a wonderful place to work, with tremendous individuals involved in all sides of the business. I'll still be writing here from time to time, but I won't be involved in daily blogging and stories like I have been for almost two years.

Make sure to give Kevin, Katie, Helen, Guy, and Elisabeth as hard a time as possible in my absence.

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Jillian Bandes - The Dark Mark of Mark Madoff's Death
Posted: 12/17/2010 11:28:00 AM EST
The NYT reports on the death of Bernie Madoff's son, Mark:
The renewed media attention and incessant litigation had weighed on Mr. Madoff, say his friends. But a close friend who spoke with him on Friday said his concern over the anniversary coverage didn’t seem out of the ordinary.

...his behavior the last week of his life did not ring any alarms with those in regular contact with him. They never expected how the week would end.
Suicide never makes sense, but his suicide seemed explainable in the context under which it was carried out. Insider trading blogs claim that real Wall Street firms never did business with Bernie Madoff because no real traders ever believed the Madoff prospectus. Their opinion is that Madoff got money from retirees and rich people who were either willfully ignorant in the first place, or too arrogant to seek further financial expertise beyond trusting Bernie.

Point being: if his kids couldn't understand the prospectus, and took major paychecks from Dad without asking where the money came from, they're eventually / probably legally, and definitely morally, culpable. Maybe they're not on the same level of callousness as Bernie, but regardless, they will eventually have to pay all their earnings back to the suckers (or just the lawyers) Madoff ripped off.

If Mark didn't fell like living like a schmuck in the middle of nowhere where he could just work some job and no one knew his name, then his choices were looking pretty bad. Suicide clearly wasn’t the only option, but to him, it was.
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Jillian Bandes - Take Afghanistan Report With a Grain of Salt
Posted: 12/17/2010 10:08:00 AM EST

While the DADT debate rages on, the recent Afghanistan report has gone virtually unnoticed. The report detailed the progress we have and haven’t made – mostly haven’t, if you read between the lines – and reiterates Obama's intention to withdraw troops next July.

Obama emphasized that all of the U.S. plans for withdrawl are “very frail,” bringing into question exactly what the report was supposed to explain. The NYT is pessimistic:

Already, parts of the country with fewer troops are showing a deterioration of security, and the gains that have been made were hard won, coming at the cost of a third more casualties among NATO forces this year.

Then there are the starkly different timelines being used in Washington and on the ground. President Obama is on a political timetable, needing to assure a restless public and his political base that a withdrawal is on track to begin by the deadline he set of next summer and that he can show measurable success before the next election cycle.

Afghanistan, and the American military, are running on a different clock, based on more intractable realities. Some of the most stubborn and important scourges they face — ineffectual governance, deep-rooted corruption and the lack of a functioning judicial system — the report barely glanced at.
Conversely, Adm. Mike Mullen reports that "the enemy is losing" in Afghanistan, though he recognizes that coalition victories are tenuous. He highlighted Pakistan as a source of ongoing threats, and said that the recent Afghanistan report wasn't meant to reiterate the entire U.S. strategy. Perhaps is was meant as a sort of dismal cheerleading attempt.
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Jillian Bandes - The Curious Case of Sen. Jeff Sessions’ Earmark
Posted: 12/16/2010 12:11:00 PM EST
6 Something called the Generalized System of Preferences has recently allowed for the duty-free import of certain products from developing nations, including inexpensive sleeping bags from Bangladesh. Lo and behold, there is only one American company that makes sleeping bags at a similar price point and quality: an Alabama company called Exxel Outdoors.

Exxel’s profits have plummeted as companies have begun importing the sleeping bags under the GSP. These bags are imported essentially duty-free, and if allowed to continue, will put Exxel out of business. So Exxel asked Sen. Jeff Sessions of Alabama to close the loophole, and remove the GSP from imported sleeping bags.

John Stanton at Roll Call explains:
Earlier this year, Sessions sought to include language in the renewal of the GSP to close the loophole and save Exxel’s Alabama plant, but he has been unable to reach an agreement with Democrats and Republicans, who are pushing to pass the bill as is.

After numerous proposals to address the situation, Sessions opted to place a hold on the bill, which at this late date in the session means the GSP is likely to lapse at the end of the year.

Sessions flatly denies the provision he is seeking is an earmark. His office claimed he is trying to undo an old earmark.
Is it an earmark? Sessions is seeking a special exemption for a company in his state, who stands to gain a lot of business by the government intervening. There’s no government outlay, persay, but Stanton explains how what Sessions is seeking fits the technical definition of an earmark.
…the [earmark] rules require the disclosure of any “congressionally directed spending items, limited tax benefits, or limited tariff benefits.” Limited tariff benefits are specifically defined by Senate rules as “a provision modifying the Harmonized Tariff Schedule of the United States in a manner that benefits 10 or fewer entities.”
And then there’s Sessions’ explanation, via his spokesman:
Sen. Sessions is trying to end that injustice, and eliminate that earmark, by ensuring that Bangladesh and China have to play by the same rules as everyone else in the world. He is fighting to close a gaping loophole in our trade laws so that companies in America are at least allowed to compete on the same playing field.
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Jillian Bandes - Have You Read Wikileaks? Prepare to Be Indicted.
Posted: 12/15/2010 10:12:00 AM EST
Assange is likely to be tried under the Espionage Act of 1917, but this could pose a problem for the rest of us. Computer World:
Legal experts warn that if there is an indictment under the Espionage Act, then any citizen who has discussed or accessed "classified" information can be arrested on "national security" grounds.

According to the Act, anyone "having unauthorized possession of, access to....information relating to the national defense, or information relating to the national defense" which "could be used to the injury of the United States or to the advantage of any foreign nation" and "willfully retains" that information, can be fined or imprisoned "not more than ten years, or both."
This is why the State Department and other government agencies have warned their employees not to check out the illicit material — even though that may be the best way to get them to check it out in the first place.
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Jillian Bandes - Congress Will Likely Stay in Session Through Christmas
Posted: 12/15/2010 9:10:00 AM EST
This should come as a let-down for all of those who believe that the fewer number of hours Congress is in session, the less damage it does to America. Roll Call:
By late Tuesday night, the only thing that seemed certain was that Congress will, for the second year in a row, be in session the week of Christmas.
The tax cut bill is on the verge of passage, but several Republican members are threatening to filibuster — see Greg and Guy's post below — the giant omnibus spending bill. Then there's the Strategic Arms Reduction Treaty, the repeal of DADT, immigration reform and other bills that promise to clog up the Senate schedule.

If filibuster goes forward on the omnibus — the biggest thing that's gumming up the schedule — the Senate could simply send the bill back to the House in its original version, which would virtually ensure passage.
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Jillian Bandes - Holder and Sebelius Call Obamacare Ruling "Invented"
Posted: 12/14/2010 12:30:00 PM EST
Health and Human Services Secretary Kathleen Sebelius and Attorney General Eric Holder comment in today's Washington Post on the recent Virginia ruling that overturned parts of Obamacare.
...opponents have sought to invent new constitutional theories and dig up old ones that were rejected 80 years ago.

Opponents claim the individual responsibility provision is unlawful because it "regulates inactivity." But none of us is a bystander when it comes to health care. All of us need health care eventually. Do we pay in advance, by getting insurance, or do we try to pay later, when we need medical care?

Judge Henry Hudson claimed that the Affordable Care act extended beyond the historical reach of the Commerce Clause. But that doesn't matter to Holder and Sebelius. To them, inactivity can mean whatever they want it to mean, and the Constitution doesn't matter.
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Jillian Bandes - Will Obama's Re-Election Be the First Billion Dollar Campaign?
Posted: 12/13/2010 3:43:00 PM EST
Obama raised an eye-popping $745 million and John McCain raised $368 million. If you count third-party spending, the total was well over $1 billion. But the Washington Post's Chris Cillizza raises the possibility of a re-election campaign costing Obama a billion dollars, all by himself...
...Obama became the first person to opt out of public financing for the general election since the adoption of the current campaign finance system in the wake of the Watergate scandal.

Obama's decision - announced in June 2008 to much fanfare - proved close to decisive as his massive fundraising over the last five months of the campaign allowed him to overwhelm McCain on television in every swing state.

Given Obama's success after forgoing public financing in the 2008 general-election campaign, it's a virtual certainty that neither the president nor the Republican nominee will participate in that system for the 2012 general election.
Due to the increased visibility of Obama's presidency and heightened Republican activism, the possibility of Obama's campaign getting to $1 billion seems increasingly likely.
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Jillian Bandes - Top Dem Thinks There Is Wiggle Room on Tax Bill
Posted: 12/13/2010 2:32:00 PM EST
Like just about everyone else, House Majority Leader Steny Hoyer thinks the tax bill will be passed, but not before some changes are implemented -- specifically, the 35 percent estate tax provision that exempts the first $5 million of estates. Instead, Hoyer wants a 45 percent tax exempting the first $3.5 million of inherited estates.

Hoyer also didn't write off the possibility of Congress sticking around until Christmas to finish the bill, similar to the process Democrats implemented to pass the health care during the holidays last year. Under the new Republican Congress, there will be no such votes -- but until they take office, late-night and weekend politicking still rules the roost.

What's Hoyer's reaction to being run over by Republicans on the tax issue? It's what he intended, of course. Politico:
We will pass a bill, as opposed to simply not passing anything. We’re going to have a vote on the Senate bill with possible changes. We’ll see what the process is.
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Jillian Bandes - Kristi Noem's Address
Posted: 12/13/2010 12:32:39 PM EST
South Dakota Congresswoman-elect Kristi Noem gave the weekly GOP address, focusing on job creation and tax cuts. It's fairly vanilla, but is a nice way to spotlight an up-and-coming GOP star.



I love her haircut, too!
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