“A Time To Veto”: Exercising Authority Under The Constitution In Precisely The Way Our Founders Intended
President Obama is poised to reject legislation meant to force the approval of the Keystone XL tar sands pipeline, in what would be his third veto since taking office six years ago.
Pipeline proponents, naturally, are howling.
Obama, though, is exercising his veto authority under the Constitution in precisely the way our founders intended: as a check on Congressional overreach at odds with the good of the country.
The president is the only public official elected to represent all the American people. That confers upon the president, uniquely, an obligation to act on behalf of the entire country, not simply a collection of congressional districts or states, in a way that reflects the common will and advances the national interest.
The Constitution enshrines the presidential veto as a vital tool for fulfilling that role, and leaders throughout our history have found it essential. Presidents stretching back to George Washington have used the veto 2,563 times to reject legislation passed by both houses of Congress.
Ronald Reagan used his veto power 78 times — the most of any president in modern times. Obama, at the other end of the scale, has vetoed just two bills so far — fewer than any other president in 160 years.
Rarely is the veto more clearly in order as now.
Under long-established procedure, the question of whether to approve a project like a pipeline that would cross a U.S. border hangs on a single criteria: is the project in the national interest? It is the president’s job — and properly so — to make that determination.
In assessing whether the Keystone XL tar sands pipeline meets the criteria, Obama has put the U.S. State Department in the lead, with expertise added from an array of other government agencies that oversee commerce, transportation, energy, environment and other important areas central to the national interest.
The Republican-led House gave final congressional approval today to a bill meant to force approval of the tar sands pipeline in a way that would usurp presidential authority, short-circuit the deliberative process of informed evaluation already underway and supersede the president’s obligation to determine whether the project is good for the country.
Those are three good reasons to veto the bill.
There is, though, one more, and it goes to the heart of our system of checks and balances.
The tar sands pipeline is not a project designed to help this country. It is a plan to pipe some of the dirtiest oil on the planet — tar sands crude mined from Canada’s boreal forest using some of the most destructive industrial practices ever devised — through the breadbasket of America to Gulf coast refineries where most of the fuel will be shipped overseas.
It would create 35 permanent American jobs, according to the Canadian company that wants to build the pipeline. And the tar sands crude would generate 17 percent more of the carbon pollution that is driving climate change than conventional crude oil produces.
It would put our heartland at grave and needless risk of the kind of pipeline accidents we’ve seen nearly 6,000 times over just the past two decades. It would cross more than 1,000 rivers, streams and other waterways and pass within a mile of some 3,000 underground wells that supply irrigation and drinking water to communities and farms across Montana, South Dakota and Nebraska. And it would deepen our addiction to the fossil fuels of the past when we need to be investing in the clean energy options of the future.
That is not a project that serves our national interest. It is, instead, a project that’s about big profits for big oil, big payoffs for industry allies on Capitol Hill and big pollution for the rest of us.
If that’s what the Republican leadership in Congress wants to drop on the president’s desk, here’s what’s going to happen. The president is going to do what other presidents going back to George Washington have done more than 2,500 times: stand up for what’s best for all Americans, and veto this terrible bill.
By: Rhea Suh, The Blog, The Huffington Post, February 11, 2015
“Walker Latest To Fall Into London Quicksand”: The British Just Don’t Know What To Make Of GOP Extremism In The 21st century
Eventually, Republicans are really going to have to stop going to London.
When Mitt Romney went to the British capital, it was a disaster. When Bobby Jindal went to London, he became a laughingstock. When Chris Christie crossed the pond, he managed to stumble on vaccinations, of all things.
And so, when Wisconsin Gov. Scott Walker (R) arrived in London yesterday, there was a lingering fear: how exactly would he manage to screw this up? Now we know.
Wisconsin Gov. Scott Walker (R) on Wednesday dodged a question about whether he believes in evolution. Speaking at the Chatham House foreign policy think tank London, Walker was asked: “Are you comfortable with the idea of evolution? Do you believe in it?”
“For me, I am going to punt on that one as well,” he said. “That’s a question politicians shouldn’t be involved in one way or another. I am going to leave that up to you.
If you watch the video of the exchange, note that the interviewer prefaces the question by saying the issue is of particular interest when posed to “senior Republicans when they come to London.” The subtle – or perhaps not so subtle – implication is that the British just don’t know what to make of GOP extremism in the 21st century.
Indeed, after Walker refused to answer the question about whether he’s comfortable with modern biology, the interviewer, clearly taken aback by the governor’s reticence, responded with genuine incredulity. “Really?” he said when Walker “punted” on the issue. The interviewer quickly added, “Any British politician, right- or left-wing, would laugh [at the question] and say, ‘Of course evolution’s true.’”
As well they should.
And while I can appreciate the British curiosity about American Republicans, it’s worth emphasizing that the UK simply doesn’t have a major political party as far to the right as today’s Republican Party. It’s no wonder they marvel at the oddity of the GOP’s extremism.
Closer to home, let’s not overlook the fact that the recent Republican track record on scientific issues has been quite woeful of late. Just over the last few months, we’ve seen prominent GOP officials balk at climate science, contraception, vaccinations, post-bathroom hand-washing, and now evolutionary biology.
I shudder to think what the party will come up with next, though if gravity becomes a partisan political issue, all bets are off.
Postscript: I’d just add that Walker’s response to today’s question is obviously unsustainable. If he and his staff aren’t working on a real answer for American journalists who’ll soon press the governor for a batter response, they should be.
By: Steve Benen, The Maddow Blog, February 11, 2015
“In Boehner We Trusted”: Netanyahu Throws Boehner Under The Bus; Biden To Skip Speech
There’s been scuttlebutt all week about congressional Democrats skipping Israeli Prime Minister Benjamin Netanyahu’s upcoming speech as a way to send a message about the party’s disappointment. The way in which Netanyahu and House Speaker John Boehner (R-Ohio) went behind President Obama’s back, and partnered to undermine U.S. foreign policy, does not sit well with many Dems, and even an informal boycott of his congressional address would be a big deal.
Those Democrats inclined to skip the Prime Minister’s remarks will apparently have some cover.
Vice President Joe Biden is expected not to attend a March 3 speech at the Capitol by Israeli Prime Minister Benjamin Netanyahu because he will be traveling abroad, Biden’s office confirmed to NBC News Friday.
It is not clear yet where Biden will be traveling at the time of Netanyahu’s speech, which has become controversial both because of its proximity to the Israeli elections and because it was planned by Republicans without prior consultation with the White House.
The second part is of particular interest. As the AP’s report notes, the Vice President’s office didn’t point to a specific commitment abroad on March 3, only that Biden is “expected to be traveling.” The office didn’t say where or why.
It’s hardly unreasonable to wonder if this is the diplomatic equivalent of, “I’m washing my hair – somewhere.”
Just as striking, meanwhile, is the degree to which Netanyahu’s administration appears to be throwing the Republican leadership under the bus.
A senior Israeli official suggested on Friday that Prime Minister Benjamin Netanyahu had been misled into thinking an invitation to address the U.S. Congress on Iran next month was fully supported by the Democrats. […]
“It appears that the speaker of Congress made a move, in which we trusted, but which it ultimately became clear was a one sided move and not a move by both sides,” Deputy Israeli Foreign Minister Tzachi Hanegbi told 102 FM Tel Aviv Radio on Friday.
Or to put it another way, “We totally trusted Boehner to do this the right way; he didn’t; so blame him for this fiasco.”
We talked the other day about this increasingly messy problem, and the growing debate as to who screwed up more; Boehner or Netanyahu. These latest comments from a senior Israeli official suggest the Prime Minister is eager to tilt the scales in the GOP leader’s direction.
That said, in the same interview Deputy Israeli Foreign Minister Tzachi Hanegbi suggested Netanyahu’s speech will go forward as planned. The question now is how many Democrats intend to show up.
I’ve generally been skeptical about whether a large-scale boycott would come together – a few House Dems have announced their intention to stay away, though it’s a pretty small group – but the news about Vice President Biden may very well change the entire dynamic for Democrats.
By: Steve Benen, The Maddow Blog, February 8, 2015
“An Incredible Ignorance About The Economy”: Rand Paul Has The Most Dangerous Economic Views Of Any 2016 Candidate
Kentucky Senator Rand Paul has had better weeks. On Monday, he suggested there could be a link between vaccines and autism in a CNBC interview. Later on in that interview, he actually shushed—as in, pressed one finger to his lips—the female CNBC anchor. On Tuesday, a New York Times article linked him to a medical group that promotes anti-vaccine theories. But Paul’s dumbest comments came in Iowa on Friday night—and they show why Paul has the most dangerous economic views of any presidential candidate.
Speaking in front of more than 150 Iowa activists, Paul ripped into the Federal Reserve and promoted his “Audit the Fed” bill, which he introduced earlier this week. “I think there needs to be some sunshine,” he said, according to reports of the event. “I’m going to fight ’em, and we’re going to get a vote on audit the Fed.” I’m not sure if Paul will get that vote—ultimately, that’s up to Senate Majority Leader Mitch McConnell. But I do know that “Audit the Fed” is a terrible idea. First, the Fed already is extensively audited by the Government Accountability Office (GAO), the Office of the Inspector General (OIG) and even private sector auditors like Deloitte. Each week, the central bank also releases its balance sheet and even has an interactive guide of its balance sheet available for further explanation.
However, the GAO and OIG audits exclude a few parts of the Fed’s policymaking, including transactions by the Federal Open Market Committee. Paul’s bill removes those exclusions and requires “recommendations for legislative or administrative action” from the Comptroller General. Sounds innocuous, right? It’s not. That would significantly damage the Fed’s independence, which exists so that politicians cannot influence the central bank for their own political purposes. In other words, “Audit the Fed” would lead legislators to interfere with monetary policy matters and put the entire economy at risk. For further explanations why the legislation is so dangerous, see the Roosevelt Institute’s Mike Konczal and the Washington Post’s Catherine Rampell.
With President Barack Obama in office, Paul’s legislation stands no chance of becoming law. It’s hard to imagine it overcoming a filibuster in the Senate, and even if it did, the president would veto it. If Paul were to win the presidency, “Audit the Fed” would still face long odds in the Senate since, even in the best case scenario, Republicans likely won’t have a filibuster-proof majority in the next Congress. So while “Audit the Fed” is theoretically dangerous, it’s not much of an actual threat to Fed independence.
But a Paul presidency would still have disastrous effects on the U.S. economy, for other reasons that were on wide display in Iowa on Friday night.
“Once upon a time, your dollar was as good as gold,” he said. “Then for many decades, they said your dollar was backed by the full faith and credit of government. Do you know what it’s backed by now? Used car loans, bad home loans, distressed assets and derivatives.” Paul’s comments make very little sense. When Paul asks what backs the U.S. dollar now, he’s effectively asking what makes it valuable. When the U.S. used a gold standard, it meant that a dollar was worth a certain amount of gold. Economists overwhelmingly agree that that was a terrible idea, but the connection seemed to explain why dollars had value. The real reason dollars had value is the same today as it was back then: It’s the only currency the government accepts to pay taxes. Businesses and consumers thus have an incentive to carry out transactions using dollars. Paul’s quip about dollars being backed by “used car loans, bad home loans, distressed assets and derivatives” may sound good to Iowa conservatives but it betrays an incredible ignorance about the economy.
What Paul and his followers are concerned about is the purchasing power of the dollar. They want to return the U.S. to the gold standard to ensure that inflation doesn’t undermine the actual purchasing power of the dollar. Over the long run, a gold standard would guarantee that price stability. But over the short run, prices would still fluctuate violently, as happened when the U.S. used the gold standard.
In terms of current policy, goldbugs, as they are often called, think the Fed’s recent decisions—its zero interest rate policy and bond-buying program—will cause skyrocketing inflation and reduce what you can buy with dollars. Those warnings look more foolish by the day. Inflation over the past year was just 0.7 percent, 1.3 percent if you remove volatile food and energy prices. Inflation expectations for the next 10 years are also very low. You would think that these low inflation rates would convince Paul and his followers to rethink their economic theory.
Paul’s economic ignorance doesn’t end there. “[The Fed’s] liabilities are $4.5 trillion; their assets are $57 billion. Do the math,” he said in Iowa. “They are leveraged 80-1. They are leveraged three times greater than Lehman Brothers was when Lehman Brothers went bankrupt. Why do we give ‘em a pass? Because they’ve got a printing press, and they can print up some more money.” Paul apparently can’t read the Fed’s balance sheets, because as of November, its assets were $4.487 trillion and its liabilities were $4.430 trillion. Where did the $57 billion figure come from? That’s its total capital. But as Cullen Roche, the founder of financial services firm Orcam Financial Group, points out, Paul also ignores the fact that the Fed remits most of its profits to the Treasury Department. In 2013, they gave Treasury nearly $80 billion. “The Federal Reserve isn’t just a profitable entity,” Roche writes. “It is perhaps the most profitable entity on the face of the planet.”
As all this shows, Paul’s views on monetary policy are profoundly misguided. As long as he’s in the Senate, that doesn’t really matter. He can spout his nonsense without having any effect on the Federal Reserve. But if he became president, he would be responsible for choosing the next Fed Chair when Janet Yellen’s term expires in 2018 and for nominating board members to the FOMC. That doesn’t give Paul unlimited power, since the Senate would still have to confirm his nominees. But as president, Paul would be the leader of the GOP, with an even greater ability to dictate its position on monetary policy and convince Republican senators to support his nominees.
Of course, the Republican Party itself has an incredibly misguided position on monetary policy. In 2012, its platform included returning to the gold standard. That’s a good reason why just about any Republican nominee would be a dangerous president. But Paul is far more open about his disdain for the Fed, and given his ideological bent, he’s far less likely to listen to conservative economists who reject his monetary policy views. At least on the economy, that makes Rand Paul by far the most dangerous candidate in the 2016 field.
By: Danny Vinik, The New Republic, February 8, 2015
“The Obamacare Plaintiffs And Medicare”: Maybe They’d Love Obamacare If The Hated President’s Name Wasn’t On It
Politico‘s Jennifer Haberkorn scored a bit of a scoop by convincing the chief plantiff in the King v. Burwell litigation, David King, to let her into his Fredericksburg, VA living room, apparently because he didn’t want to leave her shivering on his front doorstep. Most of what she tells about him, though, seems to come from his recent social media expressions rather than from anything he said to her in person:
The man who could cripple Obamacare isn’t shy about telling the world that he thinks the president is an “idiot,” posting altered images of the first lady in Middle Eastern clothing and expressing his hatred for the “Democraps” who enacted the health care law.
Greg Sargent, however, finds something more interesting to examine about King and a couple of his co-plaintiffs:
[I]t’s fascinating that King is less than a year away from qualifying for Medicare. As it happens, Politico reports that two of the other four challengers are 64 and 63, also putting them very close to qualifying. Remember, this lawsuit is all about the plaintiff’s objection to being subjected to the individual mandate’s requirement that they get insurance. The plaintiffs are claiming injury because Virginia is on the federal exchange, which, they say, means they should not be getting the subsidies which are necessary under the law to require them to get insurance under the mandate. Yet three of the challengers are very close to having the mandate canceled for them by Medicare. (One, it should be noted, is 56 years old.)
It would be really interesting to know what these challengers think of Medicare, given their role in a lawsuit that could go a long way towards gutting the coverage guarantee for millions of Americans.
Unfortunately, we cannot answer Greg’s question yet, if ever. Maybe these folk share the not uncommon belief of seniors that Medicare is an “earned benefit” (at most half-true) in contrast to the “welfare” nature of Obamacare (again, at most half-true). Maybe they don’t like Medicare as it is but would like to “reform” it–though the most common Republican proposal for “reform” is to convert Medicare from being a defined government-provided benefit to a means-tested system of public subsidies for private insurance purchases like Obamacare. Maybe they’d love Obamacare if the hated president’s name wasn’t on it. It’s hard to say. But whatever their reasons, they’re willing to force millions of people who aren’t on the brink of qualifying for Medicare into a health care wilderness. No wonder they don’t want to give interviews.
By: Ed Kilgore, Contributing Writer, Political Animal, The Washington Monthly, February 6, 2015