Tagged: Congress

What’s the Matter with Congress, or Thoughts on Piracy

Arrrghhh Pirates. Let's think about piracy for a moment, as in classic piracy on the high seas, not Johnny Depp's Pirates of the Caribbean. You see in the olden days, pirates used ships to sail the high seas and then find other ships carrying valuable cargo, and commence an intricate battle that may or may not involve swashbucking swordfights. They boarded those ships and pillaged and plundered and stole the cargo. Let's be clear here, they removed the cargo, depriving the rightful owner of the cargo the rights of ownership. So chests of pieces of eight, and baubles of gemstones etc. were taken. That is piracy.

Flash forward to the days of Yahoo! instead of yo-ho-ho and a bottle of rum, and we get the label piracy attached to just about anything. But in the case of the Internet, or as former Alaska Senator Ted Stevens once said, the tubes, piracy has morphed from an action that deprives ownership to one that simply deprives profit. That's a whole lot of important distinction.

You see, making a copy of something doesn't deprive ownership. The original is safe in the hands of whomever owns it. But now another replica exists. So instead of one person enjoying the use of let's say, a post card of a bottle of rum, two or more people can enjoy the same postcard. There is no loss of ownership.

But wait, you say, what about if the original owner wanted to sell that postcard. If there are all these copies that you can get for free, no one will buy the original. Well that's an interesting philosophy there. But we already know what happens when massive amounts of copies get made that are free. What happens is that more people become aware of the original and not surprisingly, want to buy it. We know this because of the lowly VHS tape. Remember those?

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Reining In Wall Street

from a press release:

Himes Helps Craft and Pass Legislation to Rein in Wall Street, Protect Consumers

Wall Street Reform ends taxpayer funded bailouts, protects consumers and investors, increases transparency

WASHINGTON, DC –Congressman Jim Himes (CT-4) today helped pass legislation to end taxpayer bailouts of big banks, protect consumers and investors, and increase transparency in the American financial system.  The Wall Street Reform and Consumer Protection Act addresses the root causes of the economic crisis, which cost 8 million jobs and $17 trillion in savings, to help ensure we never again face the near collapse of the national economy.

“Families in Connecticut and across the country lost their homes, their jobs, and their retirement savings as a result of the financial crisis,” said Himes.  “We learned the hard way that what happens on Wall Street affects everyone’s economic livelihood, and this legislation will restore our financial security and faith in the system.”

The Wall Street Reform and Consumer Protection Act will end the concept of “too big to fail” so that taxpayers will never again be asked to bailout irresponsible private companies.  The bill creates a process to shut down large, failing firms whose collapse would put the entire economy at risk. This program will operate much like the Federal Deposit Insurance Corporation, the organization that manages the seamless restructuring and sale of failing local banks.

“Lax regulation allowed big firms to make risky bets and offer loans to people who couldn’t pay them back,” said Himes. “These reforms will put rules in place to monitor and clamp down on risky behavior that could endanger our financial system.”

For too long, huge markets in complex securities such as derivatives were dangerously opaque and unregulated. This legislation will finally drag into the light of day these risky markets. In its prime, this market was six to ten times the size of the stock market. Himes worked hard to ensure that Wall Street Reform would hold derivatives dealers to strict standards while protecting end users like farmers and manufacturing companies that need to insure against risks such as fluctuations in the price of soy beans or foreign currency.

“Our economy thrives when everyone—from consumers and small business owners to large corporations and financial institutions—has access to the necessary information to make smart financial decisions,” said Himes. “Transparency is key to making any market work well. That means consumers need to understand their mortgages, and banks can’t be permitted to hide their riskiest activity from the people whose money they are managing or the regulators trusted with keeping our financial system safe.”

Also key to this reform is the creation of a Consumer Financial Protection Bureau, which will unite consumer protection rules under one roof.  Currently, a variety of laws and the authority to enforce them are scattered throughout the regulatory structure, and no single entity determines whether products, features, or practices are unfair, deceptive, abusive, or unsustainable. The creation of the CFPB will, for the first time, establish a regulator tasked with the job of creating and enforcing one comprehensive set of rules to protect consumers.  This consolidated approach will promote honest competition, protect the economy, and most importantly, provide a safety net for consumers.  Moreover, this new agency will ensure that there is a quick response to emerging harmful practices, before they undermine a family’s financial stability or become a systemic risk. To ensure small businesses are able to meet these new requirements without undue burden, Congressman Himes passed an amendment to create an Ombudsperson within the CFPA.

“Wall Street Reform addresses the causes of the financial meltdown while putting in place strong protections to prevent another collapse,” said Himes. “I’m proud to have helped craft this legislation. It will protect consumers, increase transparency, control dangerous risk, and eliminate the possibility that the American taxpayer will ever again be asked to bailout irresponsible private companies.”

The bill has been endorsed by the AARP, Consumer Federation of America, Consumers Union, Council of Institutional Investors, National Fair Housing Alliance, National Restaurant Association, Public Citizen, SEIU, and US PIRG, among other organizations. The bill was publicly debated for more than 50 hours, and includes over 70 bipartisan amendments.

Himes Wants Greater Government Transparency

from a press release:

Himes’ Government Reform Plan Helps Restore Accountability, Transparency to Congress
Proposal will hold require Members of Congress to play by the same rules as regular citizens, federal employees

NORWALK, CT—Congressman Jim Himes (CT-4) outlined today at a press conference in Norwalk a set of priorities to restore accountability and transparency to the United States Congress. The plan he spearheaded, supported by a broad coalition of new Members of Congress, puts in place strict rules regarding earmarks, requires better accounting of expenses both from Members’ offices and for congressional travel, and improves transparency across government.

“As elected officials, we must hold ourselves to a higher standard, and that commitment needs to begin in the United States Congress,” said Himes. “For too long, scandals and conflicts of interest have been swept under the rug, and lackluster accountability requirements have left the door open to abuse. I went to Washington to change the way this country is run, and this proposal makes that changes a reality.”

At the press conference, Himes explained that little accounting is required for official trips taken as part of a Congressional Delegation (CODELs). When Himes returned from a trip to Afghanistan for oversight responsibilities associated with his position on the Homeland Security Committee, there were no instructions provided as to how or where to return $400 in per diem funds he did not use. In fact, it took Himes and his staff several weeks and nearly two dozen phone calls to determine the appropriate method to return the funds. Eventually, Himes returned the excess allowance via personal check to the State Department; however, it became evident no clear process was in place to either require or track these remittances.

“If you go on a business trip, you may be given petty cash, but you’re usually required to account for every expense with receipts and reimbursement forms. When you travel with a CODEL,” explained Himes, “not only is no expense reporting required, but there is no system in place to track whether or not you return excess funds. This must change.”

Himes worked with other first-term Members of Congress to craft a set of policy changes that require Members of Congress to play by the same rules one would expect to follow as a regular citizen or federal employee. The polices reduce the influence of campaign contributions on federal funding and ensure that government information—whether from agencies or regarding representatives’ spending—is easily accessible.
The complete package includes changes to:
· Make earmarks more transparent
· Make Members’ expenses more transparent and return any unused funds
· Improve ethics investigations
· Improve public access to vital information
· Reform Congressional travel
· Minimize conflicts of interest and close the revolving door
· Allow more stringent state ethics reforms
· Enact a voluntary small donor campaign funding system

Himes has been committed to improving accountability in Congress since he was sworn into office last year. Beginning with crossing party lines over 10 times to call for ethics investigations into the tie between earmarks and campaign contributions to the strict appropriations policy he adopted in his own office to being among the first lawmakers to return campaign contributions from former Ways & Means Committee Chair Charlie Rangel, Himes has led by example.

“Whether we’re fixing the economy, reforming health care, or seeking federal investment for local projects, the American people need to be able to trust their leaders to act in their best interest,” said Himes. “While we have made some progress in this area, recent events have shown we need to do more. I am committed to restoring that trust.”

A fact sheet with more specific information on the above proposals AND a list of other representatives who have already signed onto the plan follow this release.

Himes Pushes More Financial Accountability in DC

from a press release:

Himes Changes House Travel Policy to Save Taxpayer Money

New policy will require Members of Congress to now return excess per diem funds

WASHINGTON, DC”At the urging of Congressman Jim Himes (CT-4), the United States House of Representatives will now require Members of Congress who travel on official business as part of a congressional delegation (CODEL) to return unused per diem funds to the United States Treasury. No clear procedure for remitting unused per diem funds was in place prior to this change.

“We need to tighten up the rules, accounting, and spending throughout government, and that needs to start with the United States Congress. Upon returning from my trip to Afghanistan early this year, I realized clear rules were not in place to handle these matters as they pertain to Congressional travel. I personally raised concerns with the Speaker regarding the lack of rules and am gratified that that they were taken seriously,” said Himes. “These new rules will help ensure the taxpayers aren’t footing the bill for any member or staff’s personal expenses”we need to avoid even the appearance of impropriety.”

Late last year, Himes participated in a fact-finding trip to Afghanistan in association with oversight related to his position on the Homeland Security Committee. Due to the fact that the trip was conducted by the U.S. Military, Himes did not incur many normal expenses associated CODEL travel, and he returned with nearly $400 in unspent per diem allowance and no clear instructions as to where and how to return unspent funds. Determining the process for and remitting the funds took over a month, and it became clear that no entity was charged with accounting for these type of remittances. Himes immediately contacted House leadership and began working to change the rule.

“Jim Himes is committed to changing the way businesses is done here in Washington,” said Congressman Chris Van Hollen (MD-8). “I appreciate the attention he has given this matter, both in terms of improving accountability for Members of Congress and saving taxpayer dollars.”

Shays Still Mulls Options

The Advocate brings us the latest tea leaves in what former Congresscritter Chris Shays is thinking. Here are the important details. One is he has a down payment on a Bridgeport condo. Two is that he hasn’t ruled out a rematch of the 2007 race for Congress. Three he is seeing if he has a strong base in the 4th CD fo a run at governor, because he’s late to the game in the primary race that is shaping up between Mike Fedele and Tom Foley.

Okay, let’s try and understand this. Of all the cities in Connecticut, he picks Bridgeport as his residential base. And from there he will see if he has strong support in the 4th CD for his “preferred” run for Governor. Right. Shays is testing the waters for a rematch in the 4th. A serious candidate for governor would be testing his support in the 3rd CD to see if he could gain ground on the other Republican candidates for Governor whose name recognition lies south of nowhere.

Biden, Dodd, Himes Champion Repair of Merritt Parkway With Federal Recovery Funds

FAIRFIELD — With an excavator and bulldozerbehind him as backdrop, Vice President Joe Biden on Monday said federal recovery funds are doing more thanhelping cover the cost of reconstructing portions of the Merritt Parkway. Joined by Sen. Christopher Dodd and Fourth District Rep. Jim Himes in a park-and-ride lot at exit 46 of the parkway, Biden said the funds are also rebuilding the country’s economy and its future.

About 300 people attended the mid-afternoon event, which also drew about a dozen anti-Dodd protesters.

Beside repairing infrastructure, Biden said, “We’re reinvesting in getting people off their knees, back to work, but also toward something — a more resilient,a transformative economy.”

Biden visit -- Biden
Vice President Joe Biden, who said the American Recovery and Reinvestment Act is about staying competitive in the 21st century.

Biden said the American Recovery and Reinvestment Act also has saved the jobs of 2,500 educators in Connecticut who would have been laid off in September. The recovery act, said Biden, is more than about jobs, “it’s about staying competitive in the 21st century, so we can lead the world in the 21st century, as we did in the 20th.”

Overall, Biden said, the U.S. Department of Transportation has made available $48.1 billion for transportation projects nationwide.

Himes said the most important thing we must focus on is getting America back to work.

“There’s no better social program in the United States of America,” said Himes, “than a good-paying job.”

Dodd said the American dream lives on in Connecticut because we still know how to build things, and have a skilled and competent workforce.

He said funds from the federal recovery act have saved 41,000 jobs in Connecticut, and the state, he said, is poised to receive another $1.6 billion in direct aid, and an additional $1.3 billion in Medicaid assistance, “thanks to Congress and the Obama administration.” These funds, he said, are going to make Connecticut’s roads safer, more environmentally friendly, easier to drive on and less congested. “We’re going to rebuild this economy by rebuilding our infrastructure in this nation.”

Biden visit -- podium 4
From left, Craig Miller, O&G construction company superintendent, Vice President Joe Biden, Sen. Christopher Dodd and Rep. Jim Himes on Monday at a park-and-ride lot in Fairfield supporting use of federal recovery funds to reconstruct portions of the Merritt Parkway.

Digressing to the Obama administration’s goal of providing health insurance to nearly everyone in the country, Dodd said, “It’s a shame in America that too many of our people are uninsured and, by the way, we’re going to get that public (insurance plan) option for Americans. They deserve it.”

Craig Miller, the project superintendent for O&G Construction Co. in Torrington — the contractor for the “Safety Improvements of the Merritt Parkway Federal Stimulus Project” — said the project employs operating engineers, laborers, carpenters, masons and Teamsters, with 60 to 70 workers on the job day and night. Including sub-contractors, Miller estimated 100 people will be employed in the course of the project.

Dodd has been receiving low poll numbers and may face a Democratic primary next year. He also recently had surgery for prostate cancer.

Gesturing toward Dodd, Biden said, “This is my single best friend in the United States Congress, and one of my closest friends, period.” The best news of the day, he said, is that Dodd got a call on Friday saying “he is cancer free.”

Some of the protesters carried signs opposing Dodd’s reelection. They were restricted to a location overlooking the park-and-ride lot that was at adistance wheretheir vocal protests could barely be heard.

Himes’ Political Pickle

The health care bill sure is kicking up some fervent debate these days. You can’t read about the one thousand page plus bill without also reading about crazy people likening the bill to Nazism. In the ancient world of online message boards, invoking any Nazi reference is referred to as Godwin’s law, which became the cue that the debate had ended. Not so with the health care bill, where debate rages on. The rage coming from a few carefully orchestrated demonstrations that fundamental math hasn’t been learned by a whole bunch of people who wonder who will pay for health care reform.

The question is not who is going to pay for healthcare reform, we already we pay the world’s highest percentage of healthcare expenditures. Every time you buy something at Walmart you are subsidizing a corporation that does not provide paid healthcare to its workers and thus those workers end up in your emergency rooms and free clinics, paid for by you the taxpayer. Think that’s all? About half of the population already get health care from the government, which includes children, poor people, old people and all the government sector workers tallying up federal, state and municipal.

If you think that your insurance premiums are tied to your health, think again. Health insurance companies set premium rates to mix the highest percent of low use participants to support the payouts of the highest users. The result is that the insurance companies vie for the best pool of low medical treatment people, and sort of ignore the rest. And while our insurance system is hopelessly intertwined with employer payment, you don’t really get to choose which plan works for you, your employer does, and typically does plan changes to reduce costs. Or doesn’t, as the countless cases of employers scheduling low wage employees under shifts that fail to trigger paid health benefits. Whatever the case, the cost of the health insurance is buried in operating costs that are passed on to you the consumer anyways. Automaker GM is a classic example of that.

Math is a lost science these days. It’s not just the health care debate that displays such vast misunderstanding, but even the green movement. Take the cash for clunkers program. Which scenario will result in greater fuel savings? Replacing a vehicle that gets 11 MPG with one that gets 13 MPG or replacing a vehicle that gets 50 MPG with one that gets 100 MPG? The answer can be found by math. If each vehicle is driven 10,000 miles, the 11 MPG car would use 909 gallons, the 13 MPG car 769 gallons, the 50 MPG car would use 200 gallons and the 100 MPG car would use 100 gallons. So in this simple example the replacement of the 11 MPG vehicle would net a 140 gallon reduction while replacing the 50 MPG vehicle would net a 100 gallon reduction. Yet the cash for clunker bill excluded cars over 20 years, the heart of the less than 15 MPG era. And there was no incentive targeted at those cars that were really clunkers versus those that were barely clunkers.

Yet in the post cash for clunker debate, the White House spins that the top selling car was the fuel efficient Ford Fusion. Edmunds releases the top 10 list with the Ford Escape SUV atop it. No one points the the actual fuel savings in trade-ins. The top 4 trade-in were the 1998, 1997, 1996 and 1999 Ford Explorer. The fifth spot was the Jeep Grand Cherokee. If the trade in was a Ford Explorer to a Ford Escape, the MPG was 15 MPG (combined) to 21 MPG (combined) assuming both were four-wheel drive. To claim, as the Obama administration does, that the program was a success at reducing fuel consumption without analyzing the trade-ins is junk science. What the cash for clunkers program did do well was transfer tax dollars, to a tune of $3 billion, auto makers by subsidizing new vehicle purchases. And while GM took the bailout money, it was Hyundai that scored big sales gains in the cash for clunker program.

It’s not surprising then that Congresscritter Jim Himes, of the 4th CD, has been nuanced in his assessment of the cash for clunker program. He said in an early August New York Times article, “It was designed to be stimulative, but at some point you have to say enough is enough. In the last week most of the economic news has been good and we’re starting to turn the corner on unemployment, so at some point you stop stimulating.”

It’s that nuance that Himes has to keep in sight as he navigates the 4th CD and tackles issues facing Congress. The health care debate isn’t one that travels on nuance. The parties opposed to any health care reform may be out of touch with reality but they are being joined by the nuanced crowd squarely in the middle who aren’t getting facts out of the issue. Meanwhile the netroots are gearing up for a brawl since the Obama administration hasn’t exactly been the leader of the anti-Bush doctrine that fueled the liberal revolution. Don Pesci writes that Satnley Greenberg polled Netroots Nation to determine what issue was a top priority and discovered:

The winner was passing comprehensive health care reform, with 60 percent, and number two was passing green energy policies that address environmental concerns,’ with 22 percent.

Which has lead the usual suspects, polarizing the issue. In jumps Senator Joe Lieberman, in a recent television interview on CNN’s “State of the Union“with; “There is no reason we have to do it all now, but we do have to get it started. I’m afraid we’ve got to think about putting a lot of that off until the economy’s out of recession.” And the hyperbolic spinning begins, from the Huffington Post.

“He is playing right into the Republican talking points” on health care, said Ned Lamont, the Connecticut Democrat who defeated Lieberman in the 2006 Democratic Senate primary, but lost to him in the general election after Lieberman ran as an independent.

And over at MyLeftNutMeg:

Joe Lieberman has spent his entire career killing any shot at real health care reform. There is no reason to think he will not spend the rest of 2009 making sure it dies this time too. That’s why it’s so crucial towhip the Connecticut House delegation as part of a strategy to make sure a robust, workable, effective public option emerges out of this legislation.

The 4th CD, the lower fairfield county fourth congressional district, has been historically more conservative than other parts of Connecticut. The 4th CD is the both the land of common sense and common cents. Which is why Jim Himes faces a political pickle. The activists that dominate the liberal wing of the Democratic party don’t want to hear nuance, they want 100 percent support of a complete overhaul of the Health Care system, including the so-called public option.

So what is the public option? There’s where a bunch of hyperbolic spin from all sides of the issue try and paint whatever makes sense to them. You have people fearing government run Medicare. We pause for a moment to relish the absurdity of that statement. You have “think tanks” proclaiming socialized medicine. The House Democrats, The Senate Finance Committee and the Senate Dems all have different versions of what they term the public option.

The basic concpet though is that the House proposal would establish an insurance program run by the government, that would essentially be available to only the few who don’t qualify for regular plans. Here the details diverge. In simple terms it would be just another health insurance option in the long or short list of insurance options that we all get now. Unless you are a small business, or self employed where and over 50 at which point your short list is also a very expensive one.

Next Tuesday, Jim Himes will speak about the health care bill in Norwalk. The interest level is high. The forth and debate has churned passions up a notch. So will Himes stand for the same nuanced approach he held in cash for clunkers? Or, will he find himself having to declare support for the public option or face not only the public activists opposed to health care reform but also the public activists adamant about total health care reform?

Crow on the menu.

Yes, yes, yes.

I’ll take mine with salsa and that delicious humble pie with coffee.

Senator McKinney has in fact declared his intention to seek re-election to the state senate, throwing the door open to anybody who wants to take a stab at Fairfield County’s Congressional seat. And that means anybody.

More likely suspects include State Senator Dan Debicella, who is clearly interested in something other than a supporting role in the hopelessly outnumbered Republican State Senate caucus, and he’s got the “right” kinda cred to gain support from the Washington power structure of the GOP (there is some speculation that McKinney’s moderate Republican didn’t play well with the “C” streeters, et al). Then of course there is Debicella’s peer from Greenwich L. Scott Franz. And how about Mayor Moccia?

But if the Republicans really want to take a run at Himes, they may want to take a look at this guy. He’s an out-of-the-box prospect who could cut into Himes in his Bridgeport base.

Without something unexpected, Himes is looking like a pretty good bet for next year. Continue reading

DeLauro and Courtney Protest Anthem Rate Hikes

From a press release:

DeLauro, Courtney Press Anthem to Withdraw Rate Hike

Washington,D.C. U.S. RepresentativesRosaL. DeLauro (CT 3) and Joe Courtney (CT-2) added to the chorus of outrage at the proposed rate hikes announced by Anthem Blue Cross and Blue Shield of Connecticut and urged the company to withdraw the increase that is expected to affect over 55,000 Connecticut residents.

As a result of the increase,the Lumenos plan that has a $1,250 deductible would get a 32 percent increase, while the Century Preferred PPO plan with a $250 annual deductible for a 30-year-old man, would see his premium jump from $264.70 a month to $326.51 (23%).Over the past eight years (2000 through 2007), health care premiums, on average, for families rose by 80.7 percent, while median earnings rose by only 9.9 percent.

According to company filings with the Securities and Exchange Commission, WellPoint, Anthem’s Indianapolis-based parent company, reported net income of $580.4 million in the first quarter of 2009 and recorded total assets of $49.4 billion.

“Westrongly urge you to reconsider your proposal to dramatically increase rates, which will put health care out of reach for thousands of Connecticut residents,” DeLauro and Courtney write in the letter. “The rate increases proposed by Anthem will only cause moreConnecticutresidents to lose coverage a problem that will be made worse by the fact that those with pre-existing conditions will be unable to find affordable coverage elsewhere. The rate increase is particularly concerning given that Angela Braly, CEO of Anthem’s parent company, Wellpoint, received over $9.8 million in compensation in 2008 alone, not to mention the health insurance industry’s promise to President Obama that it would do its part to save $2 trillion in health care costs over the next ten years.”

Dinner & drinks at FCJ says McKinney is GOP’s nominee for CT04.

In my previous post I mention that State Senator John McKinney of Fairfield is the GOP’s presumptive nominee to take on freshman Democratic Congressman Jim Himes in CT04 next year; Turfie admonishes in the comments therewith that it is not a done deal.

I throw down a wager with Turfie here: dinner & drinks at Fat Cat Joe’s says I’m right, McKinney shall be the GOP nominee in CT04.

What say you, Turfgrrl?

In the interregnum, who shall persuasively argue for any other contender for that slot? Continue reading