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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 Oct. 2, 2008 / 3 Tishrei 5769

The blame game

By Cal Thomas


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http://www.JewishWorldReview.com | When Speaker Nancy Pelosi took to the floor of the House on Monday to blame Republicans for the financial turmoil and charge them with a laissez-fare attitude toward regulation, it seemed like a calculated effort to shift attention and accountability from what Democrats have done to create the current conditions. Fortunately, we have YouTube so Democrats can run from their records, but they can't hide.


At a 2004 hearing of the Government Sponsored Enterprises Subcommittee, then-Chairman Rep. Richard Baker, Louisiana Republican, predicted the collapse of Fannie Mae if nothing was done. Baker called for more regulation, something Democrats claim Republicans never wanted. In an editorial Tuesday, The New York Times got it wrong when it accused Republicans of engaging in "free markets-above-all ideology." That just isn't true. President Bush was calling for more oversight of Fannie Mae and Freddie Mac in his first year as president, though he also praised efforts to expand minority home ownership at a time when bad credit risks were straining the system.


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Rep. Maxine Waters, California Democrat, said in a Sept. 25, 2003 hearing of the House Committee on Financial Services, "We do not have a crisis at Fannie Mae and in particular Freddie Mac under the outstanding leadership of Frank Raines." It was Raines who took close to $100 million in "compensation" from Fannie Mae during his tenure as its chief executive officer. In the 2004 hearing, Rep. William Lacy Clay, Missouri Democrat, called the investigation that found illegal activity at Fannie Mae a "lynching," an incendiary word, as both Clay and Raines are African American. Watch this eight-minute video by clicking here and see who wanted to fix the problem and who did not.


There was something fishy about the Democrats' concern that the bailout process would be drawn out. Democrats and the Bush administration wanted to rush a bill through to avert further damage to Wall Street. As Rush Limbaugh noted on his Tuesday radio program, Democratic leaders claimed President Bush "rushed" the United States into war with Iraq, though Bush spent months building his case with Congress and the United Nations, both of which approved military action against Saddam Hussein.


Now, noted Limbaugh, Democratic leaders want to rush through a "rescue" bill to "bailout" those who made wrong decisions and now want to escape accountability. It is a good point. Many noted economists are opposed to the bailout plan, as are significant numbers of the American people, and even a substantial number of House Democrats. Never has "I'm from the government and I'm here to help you," sounded emptier. If there is such urgency in avoiding financial Armageddon, does the Rosh Hashanah holiday necessitate that non-Jewish members stop working toward a reasonable compromise? Would they quit for Christmas if another war broke out?


Before Democrats and some in the left-wing media add this fiasco to their list of indictments against Republicans, they might consider what Bill Clinton said on ABC's "Good Morning America" on Sept. 25. About his party's reluctance to place more restrictions on Fannie and Freddie, Clinton said, "I think the responsibility that the Democrats have may rest more in resisting any efforts by Republicans in the Congress, or by me when I was president, to put some standards and tighten up a little on Fannie Mae and Freddie Mac."


As for the claim by House Financial Services Committee Chairman Barney Frank that the Republicans are to blame, The Wall Street Journal correctly noted in a Sept. 10 editorial, "(Frank's) record is close to perfect as a stalwart opponent of reforming the two companies, going back more than a decade. The first concerted push to rein in Fan and Fred in Congress came as far back as 1992, and Mr. Frank was right there, standing athwart. But things really picked up this decade, and Barney was there at every turn."


This mess has afforded conservative Republicans an opportunity to ask the public to throw out the Democratic majority and start over with a chastened and hopefully wiser Republican Party in the majority. But that will take leadership, a commodity that seems in short supply, like bulls on Wall Street.

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Cal Thomas Archives

JWR contributor Cal Thomas is co-author with Bob Beckel, a liberal Democratic Party strategist, of "Common Ground: How to Stop the Partisan War That is Destroying America". Comment by clicking here.

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