Gov. Monitor:
Unfortunately, what we heard from Congressman Boehner was more of the same, status quo, business-as-usual policies that led us to this crisis.
Just one year ago, the financial system was on the edge of collapse. The economy was in free fall....
....The President has always said there is an open door for good ideas and when Congressman Boehner and Republicans in Congress are interested in being a part of a conversation about how to move forward instead of rooting against the path to economic recovery—we look forward to having a productive conversation....
Boehner and the rest of the Republicans are against bank regulation. They must think it is fine for banks to make predatory loans and take advantage of people. Unfortunately, the Republicans still refuse to believe that their deregulations under the Bush administration created the banking failures we are having today. Republicans just want to give the bankers whatever they want and forget about the rights and privileges of the ordinary person.
*** Looks like there is more fallout from Republican Rep. Steve Austria (OH-7th) and his "blue ribbon commission" set up with his contributors to examine the contracts at Wright Patterson Air Force Base.XeniaCitizenJournal:
Steve Austria’s Blue Ribbon Commission on contracting is a classic example of “moral hazard,” or dishonest agents manufacturing a need that doesn’t exist. The tragic irony in Congressman Austria’s action is that he is asking special interests to “shed a light on the contracting process” that is dictated by Congress and Congress alone. Wright Patt acquisition professionals are bound by law to follow rules and regulations that emerge from Congress, so if Austria thinks he needs to alter or fix the process, he needs to go back to Washington and deal with the other 534 members of that “elite” body.
The simple truth is; Austria’s Blue Ribbon Commission is a reelection tool. He realizes he has done little to warrant a second term, and with the May 2010 primary approaching, he’s desperate to convince his constituents, not to mention his campaign contributors that he deserves the opportunity to get two years closer to qualifying for lucrative retirement and healthcare benefits, and other perks that go along with belonging to that elitist group known as “career politicians.”....
People know that Steve Austria has set up a game to win himself re-election.