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April 21, 2014

Andrew Silow-Carroll: Passoverkill? Suggestions to make next year's seders even more culturally sensitive

Sara Israelsen Hartley: Seeking the Divine: An ancient connection in a new context

Christine M. Flowers: Priest's execution in Syria should be call to action

Courtnie Erickson: How to help kids accept the poor decisions of others

Lizette Borreli: A Glass Of Milk A Day Keeps Knee Arthritis At Bay

Lizette Borreli: 5 Health Conditions Your Breath Knows Before You Do

The Kosher Gourmet by Betty Rosbottom Coconut Walnut Bars' golden brown morsels are a beautifully balanced delectable delight

April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review April 21, 2010 / 7 Iyar 5770

Financial Regulation — A Blueprint for Political Coercion

By Dick Morris & Eileen Mc Gann




http://www.JewishWorldReview.com | How odd that when the president's largest corporate donor, Goldman Sachs, gets indicted, it is seen in the wonderful world of Washington as catalyzing his efforts to modify Wall Street regulation. Goldman's employees, of course, gave Barack Obama just shy of $1 million, a total only exceeded by the faculty and staff at the University of California, making them the second-largest bundle of donors to the Obama campaign.

There are so many reasons to oppose Obama's financial regulation bill.

Some Republicans have focused on the fact that it sets up a TARP II fund that starts the bidding at $50 billion. In making such an offer to back up firms that are too big to fail, the bill guarantees:

— The big firms will feel free to make whatever risky bets they can get away with since their downside (i.e., backside) is covered.

— The bigger firms eclipse the smaller ones (as Fannie Mae and Freddie Mac did to the mortgage industry) because of their implicit federal guarantee.

— More firms crowd to get under the $50 billion umbrella, and it expands into an even-larger bailout.

Other Republicans correctly complain about the power the treasury secretary is given under the bill to seize any financial institution that he deems too big to fail and that he thinks is at risk of insolvency. They rightly worry about the constraint this provision imposes on business growth and the dictatorial powers it gives the administration to fire management, replace directors, liquidate stock value and sell off parts of the companies it seizes.

But we also need to worry about how the power to seize on the one hand and bail out on the other will be used by this administration. Already, we have seen how Obama and Timothy Geithner did not hesitate to throw their regulatory weight around to force bondholders to take a pittance in very partial repayment of their loans to General Motors. We can imagine how much political clout these new powers will give to Obama.

Letter from JWR publisher

With PACs and bundling by financial firms play an ever larger part in campaign finance and issue advocacy advertising? Will any large financial institution feel free to let its executives work against Obama's re-election? Will they not worry that he could take them over in a twinkling of an eye? Or will they be so anxious to come in out of the rain of competition to nestle under the bailout umbrella that they won't want to risk antagonizing Obama?

Particularly after the Citizens United case, anything that inhibits corporations from participating politically limits political debate and slants it toward the administration. In the very debate now underway, are financial corporations not already pulling their punches so as not to alienate a president whose hand can feed them or seize them as he wishes?

Yes, George W. Bush acquired vast new powers for the executive branch of government in the Patriot Act and the war on terror. But there is no record of his intentionally misusing them to intimidate political opponents. But Obama has a more ruthless mind. His war on Fox News shows how this thin-skinned president keeps track and takes names. We can well imagine a Nixonian enemies list of financial institutions earmarked for special regulation and intensive oversight — not for their economic performance, but for their political views.

Let's remember the days of JFK phoning steel company executives to force a rollback in their price increases, while Attorney General Bobby Kennedy threatened increased antitrust scrutiny. Equipped with the powers about to be conferred in the financial regulation bill, such government tyranny could be even more dangerous.

Some seem willing to confer these powers if only a bankruptcy judge signs off on the takeovers and seizures. But the administration, which appoints the judges in the first place, can shop for a compliant one like a prosecutor looking for a jurist to issue a search warrant.

Fidel Castro and Hugo Chavez could only marvel at giving the government such powers.

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