By way of Looka, did Catkiller Frist pull a Martha? “Senate Majority Leader Bill Frist, a potential presidential candidate in 2008, sold all his stock in his family’s hospital corporation about two weeks before it issued a disappointing earnings report and the price fell nearly 15 percent…To keep the trust blind, Frist was not allowed to know how much HCA stock he owned…but he was allowed to ask for all of it to be sold.” Update: The Post has more: “The notion that you have a blind trust but you can tell your trustee when to sell stock in it just doesn’t make any sense. It means you have a seeing eye trust and not a blind trust. It’s ridiculous.” Update 2: The SEC steps in, and subpoenas start flying.
Tag: Congress
Wal-Mart 1, Wildlife 0.
Clearly missing the good ole days of business-as-usual, the GOP Congress will sidestep Katrina-related matters next week to fast-track instead a plan to gut the Endangered Species Act. The proposed GOP bill “would make it more difficult for the federal government to set aside land it deems crucial to the health of endangered species…[and] also increase the obligation of government agencies to tell landowners quickly if the law limits their development options, and to compensate them.” Update: The bill makes it out of committee.
Showtime for Mr. Roberts.
The Roberts confirmation hearings are now underway. So far, they’re not making for the most scintillating television — at this very moment, Sen. Jeff Sessions (R-AL) is mangling his way through an opening statement he’s clearly never read before — but hopefully the drama will pick up once the Senators start firing away questions. (In fact, Feingold’s up now with his opener, and Roberts’ brow looks increasingly furled.) Update: Well, he’s polished…I’ll give him that. After watching three days of hearings, I learned more about hapless toads and the various senators on the Judiciary committee than I have about Roberts.
More TRMPAC trouble.
Yet another investigative front into the corruption of the DeLay ring opened up Thursday with the indictment of TRMPAC for $120,000 in illegal campaign contributions. Although DeLay himself wasn’t indicted, D.A. Ronald Earle “said at a news conference that he was hampered in bringing charges by a provision of the election law that gives him direct authority only over residents of Travis County.“
“Trent Lott’s House”…over and over again.
“We finally cleaned up public housing in New Orleans. We couldn’t do it, but God did.” Seemingly devoid of the empathy enzyme in any case, many key Republicans — not just Dennis Hastert and Barbara Bush — seem to be having trouble mustering up a way to discuss Katrina that doesn’t reflect their party’s general lack of Christian compassion. When meeting with young New Orleans evacuees at the Astrodome, Boss DeLay “likened their stay to being at camp and asked, ‘Now, tell me the truth, boys, is this kind of fun?’” Meanwhile, Rick Santorum blames Katrina on…the National Weather Service (to help out his donors at Accuweather).
Stacking the Deck.
“With the midterm congressional elections 14 months away, both parties see high stakes in where blame will eventually fall for the government’s lagging response to Katrina. Yesterday, congressional Republicans tried to get a head start, announcing the formation of an investigative commission that they can control. They rejected Democratic appeals to model the panel after the Sept. 11 commission, which was made up of non-lawmakers and was equally balanced between Republicans and Democrats.” Continuing their attempts to shield Dubya (and themselves) from the effects of Hurricane Katrina, the congressional GOP set up a dummy commission to get to the bottom of absolutely nothing, just the way they want it.
Estate of Denial.
“‘The entire fiscal landscape has been transformed in the last week…The entire Republican agenda of tax cuts, Social Security reform and big spending on pet Republican projects is over. Events do eventually have an impact on Capitol Hill.'” The Congressional GOP confront the realization that they’ll likely be forced to postpone their ill-advised tax cut dreams in light of Katrina. Nevertheless, Catkiller Frist is undeterred, and still plans to attempt a repeal of the estate tax when Congress convenes next week…cause, y’know, the nation’s millionaires are suffering. Update: Frist backs down (for now.) AP and the NYT has more.
Casino Jack in Hollywood.
“The film was to be a manifesto for Abramoff; a Rambo-like morality tale and a grand indictment of communism — his Reagan Doctrine parable in action-packed Technicolor. And in the process of conceiving of and making it, Abramoff helped groom an African despot, rose to high levels in the K Street food chain, and got to play international spy.” Salon‘s James Verini discloses the sordid tale of Red Scorpion and GOP bagman Jack Abramoff’s brief flirtation with the movie biz.
Mr. Nice/Ninth guy?
“And that’s why John Roberts doesn’t alarm me much. The same conservatism that leads him to decry judicial overreaching in the privacy and civil rights contexts is part and parcel of a larger conservatism that distrusts reckless grandiosity…Roberts cares a lot about looking temperate, and that isn’t a bad thing in a judge.” As Senators Ted Kennedy and Patrick Leahy turn up the heat on the Roberts nod, Slate‘s Dahlia Lithwick argues that, at the very least, he seems temperamentally unsuited to be a judicial bomb-thrower. That’s good, ’cause even with today’s news of a missing civil rights folder and a possible conflict-of-interest in a terrorism case, there doesn’t yet seem to be a silver bullet that could derail this nomination. Update: Dahlia Lithwick reconsiders after pondering Roberts’ “Woman Problem.”
Bolton Escapes.
Well, that’s that, then. As expected (and although he may be late to the party), Dubya has appointed Bolton to the UN ambassadorship by fiat. Well, the Dems pushed as hard as they could on this one, and only George Voinovich ended up seeing the light. Shame on supposed moderates Lincoln Chafee and Chuck Hagel for letting this freakshow get out of committee in the first place.