Posts tagged with 'darrell issa'

Weekly Audit: We Welcome Our New Plutocratic Overlords

Posted Jan 11, 2011 @ 11:41 am by
Filed under: Economy     Bookmark and Share

Creative Commons, Flickr, Heartlover1717By Lindsay Beyerstein, Media Consortium blogger

Meet the new global elite. They’re pretty much the same as the old global elite, only richer and more smug.

Laura Flanders of GritTV interviews business reporter Chrystia Freeland about her cover story in the latest issue of the Atlantic Monthly on the new ruling class. She says that today’s ultra-rich are more likely to have earned their fortunes in Silicon Valley or on Wall Street than previous generations of plutocrats, who were more likely to have inherited money or established companies.

As a result, she argues, today’s global aristocracy believes itself to be the product of a meritocracy. The old sense of noblesse oblige among the ultra-rich is giving way to the attitude that if the ultra-rich could do it, everyone else should pull themselves up by their bootstraps.

Ironically, Freeland points out that many of the new elite got rich from government bailouts of their failed banks. It’s unclear why this counts as earning one’s fortune, or what kind of meritocracy reserves its most lavish rewards for its most spectacular failures. (more…)

Weekly Pulse: The Coming War on Health Reform, Government Cheese, and how CPCs Incubate Anti-Choice Violence

Posted Nov 10, 2010 @ 12:00 pm by
Filed under: Health Care     Bookmark and Share

Creative Commons, Flickr, CleverCupcakesby Lindsay Beyerstein, Media Consortium blogger

Republicans don’t have the votes to repeal health care reform, but they are determined to use their newly-won control of the House to fight it every step of the way. Marilyn Werber Serafini gives Truthout readers a sneak-peek at the GOP playbook to attack healthcare reform in 2011.

Who are some of the top contenders in this coming battle? Rep. Joe Barton (R-TX) is a leading candidate to chair of the House Energy and Commerce Committee. Barton is vowing, if elected chairman, to use the oversight powers of the committee to hold a flurry of hearings on alleged misconduct in the crafting of the Affordable Care Act. Barton plans to show that budget experts “covered up” the true projected costs of health care reform. In Barton’s world, the fact that there’s no evidence to support this allegation is all the more reason to investigate.

Other key players include James Gelfand, the director of health policy at the U.S. Chamber of Commerce, who has already compiled a wishlist of 31 investigations that he wants the newly Republican-controlled House to undertake. The Chamber spent millions to elect Republicans this cycle. Barton’s hearings will have to compete for political oxygen with those of Rep. Darrel Issa (R-CA), the chair apparent of the Investigations Committee, who is promising to gum up the works of government with at least to seven hearings a week for 40 weeks, a projected rate nearly triple that of his predecessor Rep. Henry Waxman (D-Ca). (more…)

Weekly Mulch: Climate Deniers Set to Freeze Progress in Congress

Posted Nov 5, 2010 @ 10:12 am by
Filed under: Sustain     Bookmark and Share

Creative Commons, Flickr, Hannibal Poenaruby Sarah Laskow, Media Consortium blogger

A chill is coming to Washington. A wave of climate change deniers were elected to office this week, and come January, we can expect a freeze in all reasonable and productive discussion about the fate of the planet.

Last year, the political discussion about climate change and carbon regulation was complicated and bogged down, but at least it was happening.

Who are the deniers?

Grist has pulled together a list of the climate deniers headed into power in the Senate. “Overall, the Senate next year will be more hostile to climate action than ever before,” the site’s staff says.

If these climate-denying legislators came from deeply red states, Tuesday’s results might not be so shocking. But many of them represent swing states, or states that might be red in presidential contests, but that have previously elected Democrats to Congress.

Farewell, moderation

These latter states include North Dakota, whose new senator, John Hoeven, made Grist’s list, and Indiana. Also on the list are Marco Rubio, from Florida, Kelly Ayotte, from New Hampshire, and Pat Toomey, from Pennsylvania. (more…)