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May 13, 2013

Rabbi Nathan Lopes Cardozo: Why the giving of the document that would permanently change the world could only be done in desolation

David G. Savage: Church-state, literally? Supreme Court weighing public school graduation in a church

Emily Alpert: Recession dragged down birth rates for less-educated women
Morgan Housel: The deep downside of home ownership

Peter Teffer: Will Dutch police soon be stalking cybercriminals on your computer?

Heidi McIndoo, M.S., R.D.: Meatless 'meat' can have its own set of problems

The Kosher Gourmet by Diane Rossen Worthington: Celebrate! This must-try appetizer is delicate yet has depth of flavor: Corn-Leek Cakes with Caviar, Smoked Salmon and Creme Fraiche

May 10, 2013

Rabbi Berel Wein: Be all that you should be

Caroline B. Glick: The dirty little secret about Israel's Arabs

Mona Charen: Hawking's Moral Calculus: The man and the movement he embraces
Morgan Housel: The biggest retirement myth ever told

Sandi Doughton: Eyes may provide new insight into brain problems

Jewz in the Newz by Nate Bloom : The Great Gatsby's Jewish Ties; Jews in the "Time 100 list" List; People's Most Beautiful Women

The Kosher Gourmet by Linda Gassenheimer: A sweet-hot meal: Pear salsa spices up salmon

May 8, 2013

Peter Ford: Why China is welcoming both Israel's Netanyahu and Palestinians' Abbas

Warren Richey: Obama administration quietly backs out of appeal over new contraceptive mandate

Fred Weir: At Kerry-Putin meeting, US-Russia relations thaw --- a tad
Amanda Paulson: Study reveals sad truths about community colleges

Harvard Health Letters: Evidence weak that zinc, echinacea are beneficial

The Kosher Gourmet by Leela Cyd Ross : Almost too pretty to eat, this colorful salad with Sicilian inspiration will tickle the taste buds and delight your visual sensibility

May 6, 2013

Edmund Sanders and Patrick J. McDonnell: Think Israel's objective in Syria is to weaken Assad or embolden the rebels? Think again

Brian Bennett: Israeli airstrikes may show weakness in Syrian defense

Michael Ollove: Millions of ex-felons, parolees and those on probation are about to be entitled to tax-payer paid health coverage
Karen Kaplan: Most men can skip PSA test for prostate cancer, urologists say

Kimberly Lankford: How to track down a lost life insurance policy

Dream of Mars exploration achievable, experts say

The Kosher Gourmet by Susan M. Selasky: EGGPLANT WRAPS are an easy, sumptuous and scrumptious meal

May 3, 2013

Rabbi Nathan Lopes Cardozo: Human Courage and the Unavoidable, Disturbing Text

Steven Emerson: Attorney General Fights CAIR in Court, Lauds it in Public

Mediterranean diet helps beat dementia: study
Harvard Health Letters: When to be screened for a hearing problem

Jewz in the Newz by Nate Bloom : Iron Man's Jewish Connections; Marc Maron's New TV Show; Martin Landau Grows Up with Israel; Shalom, Allan Arbus

The Kosher Gourmet by Diane Rossen Worthington: A sweet surprise for Mother's Day dessert

May 1, 2013

Jonathan Rosenblum: An Improbable Journey to Orthodoxy

Jonathan Tobin: Blame Obama, Not Israel for Syria Push

Kids, kittens the Same? With employee perks at struggling Internet pioneer Yahoo! it's hard to tell
Halena M. Gazelka, M.D.: Mayo Clinic Medical Edge: What you need to know about implanted pain relief devices

Sandy Kleffman: Artificial kidney offers hope to patients tethered to a dialysis machine

Jessica Shugart: When it comes to math, MRIs may be better than IQs

The Kosher Gourmet by Mario Batali: The celebrated chef on how high-maintenance ASPARAGUS RISOTTO need not be

April 29, 2013

Roy Gutman: Poland's new Jewish museum celebrates life, doesn't revisit Holocaust

Mark Clayton: Terrorism in America: Is US missing a chance to learn from failed plots?

Kim Murphy: Boston Bomber's 'Svengali' Revealed
Morgan Housel: He's rich, smart and old: Listen to him

Thomas Salinas, D.D.S.: Mayo Clinic Medical Edge: The safety of amalgam fillings

Harvard Health Letters: Tomatoes and stroke protection

Pete Spotts: Tiny satellites + cellphones = cheaper 'eyes in the sky' for NASA

The Kosher Gourmet by Diane Rossen Worthington: Swing into spring with lemon cream pie

April 26, 2013

Rabbi Abraham J. Twerski: The world is a mirror

Caroline B. Glick: Time to confront Obama

Clifford D. May: Defense in the Age of Jihadist Terrorism
Kimberly Lankford: New strategies ease pain of paying for long-term care insurance

Howard LeWine, M.D.: Ask the Harvard Experts: Too much ibuprofen?

Sharon Palmer, R.D.: How to feel your best -- with plenty of energy, a healthy weight and optimal mental and physical function -- without driving yourself batty

Jewz in the Newz by Nate Bloom: Jewish Major Leaguers, 2013; New Movies and Comedy Show; Shalom, 'Lumpy' (Leave it to Beaver)

The Kosher Gourmet by Emily Ho : A bright and cheerful salad to herald the warmer months ahead

April 24, 2013

Steven Emerson: Boston Bomber Exposes Islamist Secret

Morgan Housel Admit it: No one has any idea what's going on
Harvard Health Letters: Can you get headaches from headache medication?

Kerri-Ann Jennings, M.S., R.D.: How to easily get more Omega-3s in your diet

Melissa Healy: Pot in a pill: All the pain relief without the smoke

The Kosher Gourmet by Susan Russo: Chipotle Chili Butternut Squash Soup is bold, zesty, hot

April 22, 2013

Ken Dilanian: Counterterrorism's future is unclear

US man departing country arrested on terror charges
Barbara Williams: An unorthodox but growing treatment in a 9-year-old's battle against cancer

P.J. Skerrett, M.D.: How to recognize a good whole grain product

Jewz in the Newz by Nate Bloom: Teen actor Jonah Bobo in New Flick: Hunky James Wolk on Mad Men; Erich Segal's Daughter Writes Prize-Winning Jewish Novel

The Kosher Gourmet by Diane Rossen Worthington: 'Noodles,' Asian style is a carb sub, sure. But they are also amazingly delicious and colorful

April 19, 2013

Rabbi Yonason Goldson: When violence seems the only answer

Caroline B. Glick: Why Obama's visit to Israel had no impact on public opinion or government policy

Morgan Housel: Gold collapse: The start of something big?
Harvard Health Letters: Can you die of a broken heart?

Pete Spotts: Livable super-Earths? Two candidates among Kepler's latest finds

Nora Schultz: Oxytocin helps beat booze cravings

The Kosher Gourmet by Carole Kotkin: Middle Eastern cuisine meets Italian delicious with this lentil and eggplant pastitsio

April 17, 2013

Shira Rubin: Too much of a good thing? 'Palestinians' realize downside of foreign aid boom

Geoffrey Mohan: Can computers decode dreams? Researchers take a first step

Morgan Housel: BAD NEWS: EVERYONE IS RIGHT!
Brierley Wright, M.S., R.D.: 6 heart-healthy eating tips help cut saturated fat but not taste

Michael Craig Miller, M.D.: Ask the Harvard Experts: Told your child has sensory processing disorder? Seek a second opinion

The Kosher Gourmet by Diane Rossen Worthington: Corn and Curry Add Zing to Chilled Soup

April 15, 2013

Rabbi Yonason Goldson: The Death of Education?

Kristen Chick: Egyptian Christians respond with harsh words to attack -- rocks, Molotov cocktails, and gunfire -- against main cathedral

Marcy Darnovsky and Karuna Jaggar: High Court to decide if you should own your DNA
Howard LaFranchi: US bracing for more Russian blowback after taking action against 18 more human rights violators

Kristin Ohlson : The loneliest fight

The Kosher Gourmet by Dana Velden: A tasty, rich dish that hints at spring's arrival while still anchored in a favorite winter staple

April 12, 2013

Rabbi Dr. Tzvi Hersh Weinreb: The Inspired Loner

Caroline B. Glick : Must we continue to be enablers of our own destruction?

Mark Clayton: New cybersecurity bill: Privacy threat or crucial band-aid?
Morgan Housel: Twitter: The carnival barker of investing

Harvard Health Letters.: Dietary supplements: Do they help or hurt?

Jewz in the Newz by Nate Bloom: Jackie Robinson's Friend, Hank Greenberg; CNN's Jake Tapper; Texas County in the News is named for 19thC. Jewish soldier and Congressman

The Kosher Gourmet by Susan Russo: FRUITY QUINOA STUFFED PEPPERS: A flavorful, colorful and edible vessel of delicately fluffy, mildly nutty filling combined with chewy apricots, tangy cherries, and crunchy pistachios

April 10, 2013

Edmund Sanders: Kerry leaves Israel with hopes, but few results

Nicholas Blanford: Iran's 'axis of resistance' loses its Palestinian arm to Syrian war

Peter Grier: North Korean missiles: Could US shoot them down?
Morgan Housel: Warning: Don't waste your capital being fooled by profit prophets

Donald Hensrud, M.D.: Mayo Clinic Medical Edge: Take vitamin supplements with caution --- even approved, they may actually do damage

Eryn Brown: 74 DNA discoveries move cure closer for three cancers

Mark Guarino: Google Glass already has some lawmakers on high alert

The Kosher Gourmet by Dana Velden: A soup to feed every guest, no matter how finicky

April 8, 2013

Jonathan Tobin: What Part of No Preconditions Do American Jews Not Get?

Christa Case Bryant: No Place on Earth

Fred Weir: Is Putin finally trading his own party for a new power base?

Hara Estroff Marano: The Spice of Life
P.J. Skerrett, M.D.: Harvard Health Letters: Generic drugs: Don't ask, just tell

David Cook : Husband-hunting advice from Princeton alum triggers outrage, humor

The Kosher Gourmet by James T. Farmer III : A simple, rustic white pizza: Good ingredients, fresh herbs, and an infused olive layered upon a crispy crust hits the spot


Jewish World Review June 15, 2012/ 25 Sivan, 5772

The Wall Street Senate

By Dana Milbank




http://www.JewishWorldReview.com | JPMorgan Chase boss Jamie Dimon has been a scourge of the Obama administration in recent months, but when he appeared on Capitol Hill on Wednesday, Republicans found the head of the country’s largest bank to be alarmingly off-message.

Dimon had little interest in joining Republicans in complaining that President Obama’s regulations destroyed capitalism as they knew it. In fact, he even had some kind words for the Dodd-Frank financial reforms. And the banker’s most passionate plea to the lawmakers was one that Republicans most emphatically don’t want to hear: Enact the Simpson-Bowles debt proposal, a package of spending cuts and — gulp — increased tax revenue that was largely scuttled by House Republicans.

“If we had done something remotely like Simpson-Bowles,” Dimon said in response to Sen. Michael Bennet (D-Colo.) at the end of the hearing, “you would have increased confidence in America. You would have shown a real fix of the long-term fiscal problem. I think you would have had . . . a more effective tax system that is conducive to economic growth.”

In fact, he said, not enacting such a plan “helped cause a downturn last year.”

Ostensibly, Dimon went to Capitol Hill to be grilled about his bank’s loss of more than $2 billion on an investment strategy that amounted to a glorified game of craps. Members of the Senate banking committee were to determine whether stronger financial regulations would be needed to prevent such gambling. But tougher regulation is unlikely, given Wall Street’s bankrolling of panel members’ campaigns, and lawmakers acted as though they were wholly owned subsidiaries of JPMorgan.

“Mr. Dimon,” said Sen. Mike Johanns (R-Neb.), it “occurs to me that an enterprise as big and powerful as yours, you’ve got a lot of firepower and you’re — you’re just huge.”

“You’re obviously renowned, rightfully so, I think,” contributed Sen. Bob Corker (R-Tenn.), “as being one of the most, you know, one of the best CEOs in the country.”

Democrats, perhaps worried that Wall Street has been shifting its campaign largess to Mitt Romney and the Republicans, joined the sycophancy sweepstakes. Sen. Robert Menendez (N.J.) called JPMorgan Chase “one of the nation’s finest,” and Sen. Jon Tester (Mont.) told Dimon: “You guys know the industry better than anybody sitting up here.”

But who could keep pace with Sen. Jim DeMint (R-S.C.), who said, “We can hardly sit in judgment of your losing $2 billion”? The apparently awestruck senator stammered: “I — I — I think we do need to recognize that you are a very big bank, the biggest in the world.”

Despite all the affirmations of how very big and large and huge and great and powerful Dimon is, he declined to join their all-out assault on the Wall Street reforms.

“Has Dodd-Frank more than marginally made our banking system safer?” Corker asked.

“You know we supported some elements — ” Dimon began.

“I know what you supported,” Corker snapped. “Has it made our financial system safer?”

“I think parts of it, in conjunction with higher capital liquidity,” the executive replied. “The financial system is safer today than it was in ’07.”

Sen. Roger Wicker (R-Miss.) asked if he could paraphrase Dimon’s answer as “the financial system is safer today, and you can’t say that Dodd-Frank has helped at all.”

Dimon repeated his admission that “Dodd-Frank and other things made it safer.”

He acknowledged that the “Volcker rule,” a proposed regulation that would sharply limit banks’ trading, “may very well have stopped parts” of Morgan’s losing bets. He conceded that regulators have made “improvements in companies, including JPMorgan.”

Johanns asked whether Dodd-Frank created red tape “so hard to navigate” that banks leave the country.

“We’re going to be fine ourselves,” Dimon replied. “We’ll be able to navigate all that.”

It wasn’t as if the banker suddenly loved the regulatory state; he said the Volcker rule is “unnecessary.” And although his prepared remarks were stocked with contrition (“We’ve let a lot of people down and we are very sorry”), his trademark arrogance returned when confronted by the only tough questioner, Sen. Jeff Merkley (D-Ore.). Dimon, speaking over Merkley, said the senator was “misinformed” and relying on “factually wrong” analysis.

But this time, Dimon had a more deserving target for his criticism than Democrats and regulations: a demand to “get our fiscal act in order” before the election and before automatic tax increases take effect next year. The Simpson-Bowles plan “is a road map which I like,” he said, and the important thing is “getting something like that done.”

If Dimon is the senators’ best friend, as their fawning suggests, perhaps they’ll take this advice seriously.


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Previously:



06/13/12 Jeb Bush's heresy
06/12/12 Pileup at the White House
06/11/12 Obama's fate could be in Europe's hands
06/04/12 Welcome to Camp Competitive
05/31/12 Digging a racial grave
05/30/12 A new conspiracy theory: Is Romney a unicorn?
05/29/12 Do Republicans really want to clone one for the Gipper?
05/24/12 Obama's protectors are under the microscope
05/22/12 Obama's Old World mess: Allies are coming up short at a key moment
05/16/12 Where have all the candidates gone?
05/15/12 Barack Obama, the first female president
05/14/12 Irrationality wins: Voter cure for Congress's failures will likely backfire
05/08/12 Obama's marriage mess: His advisers scramble to clean up his 'evolution'
05/07/12 Taking out Dick Lugar
05/03/12 Gingrich may have ended campaign, but he will remain out of this world
05/02/12 Our do-almost-nothing Congress
05/01/12 President Obama, campaigner in chief
04/25/12 Romney's immigration Etch a Sketch
04/23/12 A congressional deal on immigration? Dream on
04/19/12 Dems battle back against Republican 'war on women'
04/18/12 Debauchery: An American govermental specialty
04/17/12 Silent witness
04/12/12 Rebuffing Obama's gimmicky 'Buffett Rule'
04/11/12 Santorum's Gettysburg surrender
04/09/12 The facts vs. Mitt Romney
04/06/12 Mitt Romney, talking to the press, keeps the press at a distance
04/05/12 From tracking al-Qaeda to tracking the wayward spouse
04/04/12 Budget cuts as back-door deregulation
03/26/12 My pet Mitt
03/22/12 Mitt Romney's latest gaffe may be etched in history
03/20/12 Supreme Court conceives of life after death
03/15/12 Conservative for Obama: The British PM as campaign prop
03/14/12 In Section 60, a silent search for meaning
03/13/12 Super Friends, unite
03/12/12 It's time to believe: Romney's a winner
03/07/12 Settling in to Washington's ways
03/06/12 AIPAC beats the drums of war
03/05/12 Did Republicans forget the women's vote?
02/29/12 Mitt Romney's acceptance speech, in (mostly) his own words
02/28/12 Common ground becomes a great divide
02/27/12 An expert witness for the GOP gender gap
02/21/12 Where Romney shines
02/15/12 A Republican death wish?
02/14/12Obama's budget games
02/13/12 Are GOPers playing right into Obama's hands?
02/08/12 Obama pumps the compressor of Joe Hudy's Extreme Marshmallow Cannon
02/07/12 Abramoff's atonement
02/01/12 Why we in the media just love Newt
01/31/12 The end of the road for Newt Gingrich?
01/25/12 Gingrich is Obama's best surrogate
01/24/12 Tim Pawlenty, Mitt Romney's attack dog
01/16/12 Mitt Romney's Al Gore problem
01/12/12 Kamikaze Gingrich, on the loose in South Carolina
01/11/12 Journalists' campaign trail secrets revealed
01/10/12 Mitt Romney's money problem
01/09/12 Newtonian exceptionalism
01/05/12 Mitt Romney out of control
01/04/12 Indecision 2012: In Iowa and the GOP
01/03/12 Rick Santorum's curious closing argument
12/28/11 A few cracks in my crystal ball
12/23/11 A few cracks in my crystal ball
12/20/11 Strange brews and views?
12/19/11 Cellphone ban would be a distraction
12/15/11 Harry Reid, Mitch McConnell and the Malfunction Minuet
12/14/11 The presidential auction of 2012
12/12/11 Newt's tactics comes back to haunt him
12/06/11 Can an anthem save Occupy non-movement?
12/05/11 The winner of the GOP campaign: Washington
11/30/11 Barney the bully: Congressman Frank's other legacy
11/23/11 Jon Kyl's search-and-destroy mission
11/21/11 Pay to play, brought to you by Washington
11/17/11 Big enough to save the supercommittee?
11/16/11 Why Newt Gingrich won't last
11/08/11 The 2012 campaign gets seedier
11/06/11 A Machiavellian model for Obama
11/03/11 The Herman Cain crack-up
11/01/11 Cain can --- he will survive
10/27/11 Stuntmen of the supercommittee
10/26/11 Democrats on the sidelines
10/24/11 Rick Perry's birther Parade
10/24/11 The birthers eat their own
10/19/11 The GOP's middle man
10/17/11 The waiting for nothing Congress
10/12/11 Sparsely occupied D.C.: Why the movement hasn't caught on
10/10/11 Can Obama strike an alliance with Occupy Wall Street?
10/06/11 Chris Christie, such a presidential tease
10/05/11 Obama and his foot soldiers go toe to toe
09/28/11 Cain could deliver
09/26/11 Republicans? Mr. Nice Guys?
09/22/11 Why Ron Paul is winning the GOP primary
09/21/11 I am a job creator who creates no jobs
09/20/11 Obama launches a revolution
09/19/11 Dems for Romney?
09/14/11 ‘Supercommittee’? More than stupor committee
09/07/11 Mitt Romney finds his (corporate) voice
09/01/11 The infallible Dick Cheney
08/31/11 This liberal says Perry is the ultimate conservative candidate
08/29/11 Wanted: More bite from Obama the Great Nibbler
08/10/11 How Rep. Austin Scott betrayed his Tea Party roots
08/09/11 The most powerful man on Earth?
08/08/11 The FAA shutdown and the new rules of Washington
08/04/11 Lt. Col. Allen West fires a round at the Tea Party
08/03/11 Government on autopilot
08/02/11 Dems mourn debt deal like death
07/27/11 Life imitates sport
07/26/11 Obama and Boehner take on Washington
07/21/11 Why Americans are angry at Congress
07/20/11 The new party of Reagan
07/18/11 Rob Portman, the boring Midwesterner who could bring sanity to the debt debate
07/13/11 John Boehner's bind
07/04/11 Stephen Colbert, Karl Rove and the mockery of campaign finance
07/01/11 President Puts Up His Dukes, As He Ought To
06/28/11 Rod Blagojevich verdict: All shook up
06/27/11 Progressives voice their anger at Obama
06/24/11 ‘Mission accomplished,’ Obama style
06/22/11 Jon Huntsman's first step toward oblivion
06/21/11 Scott Walker finds making bumper stickers is easier than creating jobs
06/20/11 A day of awkwardness with Mitt Romney
06/06/11 Hubris and humility: Sarah Palin and Robert Gates on tour
06/02/11 The Weiner roast
06/01/11 Congress clocks in to clock out
05/30/11 Hermanator II: No More Mr. Gadfly
05/24/11 How Obama has empowered Netanyahu
05/24/11 Pawlenty bends his truth-telling
05/20/11 Default deniers say it's all a hoax
05/18/11: Gingrich gives voice to moderation
05/17/11: Donald Trump and the House of Horrors
05/16/11: The medical mystery of Mitt Romney
05/12/11: The body impolitic: Schock photos should tempt lawmakers to cover up
05/10/11: Muskets in hand, tea party blasts House Republicans
05/09/11: The GOP debate: America -- and the party -- needs the grown-ups
05/05/11: Mitch Daniels, an alternative to scary
05/03/11: Obama's victory lap
05/02/11: How the journalist prom got out of control
04/28/11: Obama's birther day: Why did he lower himself by appearing in the briefing room?
04/27/11: Obama, lost in thought
04/24/11: Andrew Breitbart and the rifts on the right
04/22/11: Ten Commandments for 2012
04/21/11: Obama likes Facebook. Facebook likes Obama.
04/18/11: Without Nancy Pelosi, Obama is adrift
04/15/11: If progressives ran the world
04/14/11: Faith in political apostasy
04/13/11: One man's revolution is another's political expediency
04/11/11: Shutdown theatrics
04/06/11: Paul Ryan's irresponsible budget
04/05/11: Robots in Congress? Yes, we replicant!
04/04/11: Robert Gibbs, Facebook and the White House corporate placement service
04/01/11: Haley Barbour, the fat cats' candidate
03/31/11: Republican freshmen in House shut down compromise, and possibly the government
03/30/11: Coburn and Durbin, the dynamic duo of the debt crisis
03/28/11: The Obama doctrine: A gray area the size of Libya
03/24/11: Dems as Weiners
03/23/11: Obama's quick trip from tyrant to weakling
03/17/11: Who's afraid of Elizabeth Warren?
03/15/11: The underwear flap over Bradley Manning
03/10/11: In Senate's debt debate, talk isn't cheap
03/09/11: With Obama's new Gitmo policy, Administration officials had some 'splainin to do
03/02/11: Issa press aide scandal is like bad reality TV
02/25/11: Jay Carney: Mouthpiece for an inscrutable White House
02/14/11: The Donald trumps the pols at CPAC
02/09/11: Arianna Huffington's ideological transformation


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