Tag Archives: Senate

Seven of the ten richest congressman are Democrats

From the PJ Tatler. (H/T ECM and The Conscience of Young Conservative)

Excerpt:

Yes America, there is a wealth gap. Seven of the top ten wealthiest members in Congress are Democrats.

The results are based on a new study released today by the non-partisan Center for Responsive Politics. The Center did an analysis of the financial statements filed by members of Congress for 2010 income and net worth.

This revelation of extreme wealth by Democratic politicians is completely contrary to the public image of the Democratic Party. President Obama has castigated “millionaires and billionaires,” suggesting they are evil people, largely Republican or conservative. The issue of the Democratic Party as the millionaire party has not yet made it into the mainstream media. But the facts are indisputable. Democratic members of Congress tend to be wealthier than their Republican counterparts.

According to the Center, 36 Senate Democrats and 30 Senate Republicans reported an average net worth in excess of $1 million in 2010. The median estimated net worth among members of the Senate Democrats was $2.58 million. Senate Republican median net worth was $2.43 million.

And, the wealthy Democrats tend to inherit their money.  Republicans tend to earn it.

Senators John Kerry (D-MA), Jay Rockefeller (D-WV) and House Minority Leader Nancy Pelosi (D-CA) all came by their fortunes through marriage or inheritance.  Senator Kerry, who was born into wealth, has listed his net worth as high as $281 million, while his wife Teresa is estimated to be worth $1 billion.  Ms. Heinz did not earn her wealth either. She inherited the money from her husband Senator John Heinz, who died in an airplane crash.

Senator Rockefeller, representing dirt poor West Virginia,  inherited his fortune from his family. He is reported to be worth $136 million.

While the economy continued to tank in 2010, Rep. Pelosi reported her own wealth to grow by 62%. Pelosi’s husband, Paul, is a financier.  They own a multi-million dollar vineyard and a number of million dollar homes. They have a net worth of $196 million.

[…]Among those who actually got their money by earning it, Republicans were in the slight majority. Rep. Darrell Issa (R-CA), a self-made millionaire earned his wealth by creating the Viper car security system. He is estimated to be worth more than $700 million.  Sen. Jim Risch (R-Idaho) started as a rancher and attorney.  His wealth is cited as $88 million.

Rep. Vernon Buchanan (R-FL), one of only three Republicans to make the top ten earned his money through real estate and car dealerships.  He is estimated to be worth over $323 million.

Much has been made about Senator Bob Corker (R-TN) being the wealthiest Republican in the U.S. Senate. But he is ranked only number 14 because there are so many wealthier Democrats ahead of him. He doesn’t make the Top Ten. He worked as a construction superintendent.  Then started his own company. Today he is worth $107 million.

[…]The issue of politics and money has been a complicated one.  President Barack Obama brought in far more money from Wall Street in his 2008 campaign than his Republican opponent Sen. John McCain (R-AZ).  Obama raked in $1 million from Goldman Sachs employees that year.  While his numbers are lower this year, the President has attracted $15.2 million from the financial services industry that he attacks so frequently.

Many Democrats run institutions on Wall Street.  Jamie Dimon, the CEO of J.P. Morgan has been a long-time Democratic supporter. So too has Goldman Sachs Chairman and Chief Executive Officer Lloyd C. Blankfein.

Who are the real millionaires and billionaires?

Social conservative hero James Dobson endorses Ted Cruz

Republican Senate candidate Ted Cruz
Republican Senate candidate Ted Cruz

Remember how I was freaking out about Marco Rubio from the day he announced his candidacy for the Florida Senate seat? Well, I think that Ted Cruz is another Marco Rubio. He may even eclipse Marco Rubio.

And James Dobson likes him, too.

Excerpt:

Today, we are excited to announce that national pro-life, family values leader Dr. James Dobson is endorsing our Senate campaign.

In his endorsement announcement, Dr. Dobson said: “I’m pleased to endorse Ted Cruz for U.S. Senate because he’s exactly the kind of candidate we need to turn this country around. Religious freedom is under assault every day. We need leaders with the courage to stand strong for conservative values in this battle. Ted Cruz is such a leader—one who will not only vote his convictions in the Senate, but will also lead the fight to defend life, traditional marriage, and religious liberty.”

Dr. Dobson added: “Ted Cruz stands out among conservative leaders across the country today. He has a consistent record of standing up for faith, family, and freedom, and winning values battles on a national level….I urge all Texans who love life, family, faith, and freedom to not only vote for Ted Cruz, but to work hard for his campaign.”

Here’s an interview with Ted Cruz from non other than Robert Stacy McCain!

About Ted Cruz

George Will thinks that Republican candidate Ted Cruz is the man to replace Kay Bailey Hutchison in Texas.

Excerpt:

For a conservative Texan seeking national office, it could hardly get better than this: In a recent 48-hour span, Ted Cruz, a candidate for next year’s Republican Senate nomination for the seat being vacated by Republican Kay Bailey Hutchison, was endorsed by the Club for Growth PAC, FreedomWorks PAC, talk-radio host Mark Levin and Erick Erickson of RedState.com.

For conservatives seeking reinforcements for Washington’s too-limited number of limited-government constitutionalists, it can hardly get better than this: Before he earned a Harvard law degree magna cum laude (and helped found the Harvard Latino Law Review) and clerked for Chief Justice William Rehnquist, Cruz’s senior thesis at Princeton — his thesis adviser was professor Robert George, one of contemporary conservatism’s intellectual pinups — was on the Constitution’s Ninth and 10th amendments. Then as now, Cruz argued that these amendments, properly construed, would buttress the principle that powers not enumerated are not possessed by the federal government.

Robbie George??? Robbie George??? Holy snouts! That guy is one of the top academic pro-lifers. Every Christian apologist knows about Robbie George. It’s the law! Well, it isn’t. But it should be!

I continue:

At age 14, Cruz’s father fought with rebels (including Fidel Castro) against Cuba’s dictator, Fulgencio Batista. Captured and tortured, at 18 he escaped to America with $100 sewn in his underwear. He graduated from the University of Texas and met his wife — like him, a mathematician — with whom he founded a small business processing seismic data for the oil industry.

By the time Ted Cruz was 13, he was winning speech contests sponsored by a Houston free-enterprise group that gave contestants assigned readings by Frederic Bastiat, Friedrich Hayek and Ludwig von Mises. In his early teens he traveled around Texas and out of state giving speeches. At Princeton, he finished first in the 1992 U.S. National Debate Championship and North American Debate Championship.

As Texas’s solicitor general from 2003 to 2008, Cruz submitted 70 briefs to the U.S. Supreme Court, and he has, so far, argued nine cases there. He favors school choice and personal investment accounts for a portion of individuals’ Social Security taxes. He supports the latter idea with a bow to the late Daniel Patrick Moynihan, who said such accounts enable the doorman to build wealth the way the people in the penthouse do.

Regarding immigration, Cruz, 40, demands secure borders and opposes amnesty for illegal immigrants but echoes Ronald Reagan’s praise of legal immigrants as “Americans by choice,” people who are “crazy enough” to risk everything in the fundamentally entrepreneurial act of immigrating.

Ted Cruz has Republican life experiences: legal immigrant, fought communism, studied something that required actual work, founded a small business, etc. This is the prototypical Republican!

You can find out more about him on his positions page. I was interested in his stance on social issues, in particular.

Excerpt:

Ted Cruz has fought to protect innocent human life. He played a leading role in several important cases, including defense of the partial-birth abortion ban, parental consent laws, and prohibiting state funds from going to abortion. These cases have all been part of the ongoing effort to ensure that every child in America  receives the protection and respect he or she deserves.

  • Authored an amicus brief for 13 states, successfully defending the federal Partial Birth Abortion Ban Act. The ban was upheld 5-4 before the U.S. Supreme Court;
  • Authored an amicus brief for 18 states, successfully defending the New Hampshire parental notification law. The law was upheld 9-0 before the U.S. Supreme Court [note: this brief was awarded the Best Brief Award from the National Association of Attorneys General for U.S. Supreme Court briefs written in 2005-06];
  • Successfully defended Texas’s Rider 8, which prohibits state funds for groups that provide abortions, winning unanimously before the Fifth Circuit court of appeals.

Ted Cruz has worked hard in defense of traditional marriage, including his intervention in a case protecting Texas marriage laws. In addition, he has fought on the federal level to defend marriage between one man and one woman as the fundamental building block of society.

  • When a Beaumont state court granted a divorce to two homosexual men who had gotten a civil union in Vermont, Cruz, under the leadership of Attorney General Greg Abbott, intervened in defense of the marriage laws of the State of Texas, which successfully led to the court judgment being vacated;
  • Worked with Attorney General Abbott to send a letter to Congress in support of the federal Defense of Marriage Act.

He has lots of nice actions related to lots of conservative policies on that page. What a resume! Energy production, voter fraud prevention, border security, legal firearm ownership – you name it, this guy has been fighting for conservative principles. Like Michele Bachmann, (and unlike RINO Mitt Romney), he has actually tried to do pro-life and pro-marriage things. We don’t just have to take his word for it, he has the actions to prove his words. Just look at the list of issues on his page!

We can’t wait: the do-nothing Democrat Senate is blocking 15 bipartisan jobs bills

Have you heard about “The Forgotten 15“? Here’s a news article by the Washington Times that explains it.

Excerpt:

Last week, the House passed a strongly bipartisan bill which would prevent a job-killing 3 percent withholding tax on all government contractors from going into effect. Even though the White House supports the measure, Mr. Reid, a Nevada Democrat, has chosen instead to bring another “small bite” from the president’s failed American Jobs Act to the floor. He wants to hike taxes on business owners so he can blow $60 billion in more stimulus for bike paths, choo-choo trains and bus stops.

Mr. Reid can’t even round up all the Democrats behind his partisan plan, but he continues to drag his feet on items that could pass because the last thing he wants to do is adopt legislation that gives the GOP the chance to take some credit with the public.

The Senate has not been this inactive in at least a quarter-century. As of Tuesday, the Senate had held 194 votes for the year, 54 fewer than at this time last year.

The intransigence has real-world implications. In March, the House passed a strongly bipartisan bill which would have stopped a court order from imposing duplicate and expensive regulations on farmers and ranchers. The Senate never brought the bill up for a vote, and on Monday a key deadline passed, allowing new regulations on pesticide applications to go into effect. That’s bad for jobs.

House Republican leaders want the public to know that they aren’t to blame for the stalemate on Capitol Hill. Speaker John A. Boehner produced a card listing the “forgotten 15” jobs bills that have passed the House but not the Senate. The Ohio Republican gave the card to members, telling them to carry it with them, hold it up at events at home, and flash it during interviews to remind Americans that Republicans are doing everything they can to address the employment situation.

The Democratic strategy is to set up Republicans as a foil for their 2012 re-election bids. Even though the congressional approval rating is down in the single-digits, Mr. Reid wants to draw a distinction between his party and the GOP by only bringing up bills that Republicans will oppose so his caucus can send out accusatory press releases.

The messaging is carefully crafted to fit with Mr. Obama’s latest campaign trail slogans about how “we can’t wait” for Congress to act. He showed his true motives on Tuesday when the president invited congressional Democrats to the White House to ostensibly talk about the jobs agenda. He has no plans to invite Republicans over to chat.

You can print a PDF of the The Forgotten 15 card right here.

Remember, Democrats are great at spending money – not so good at creating jobs.

Projected vs Actual Unemployment With Stimulus 2011
Projected vs Actual Unemployment With Stimulus 2011

Back in 2007, when the Republicans controlled the House and Senate, the unemployment rate was near 4%. FOUR PERCENT. And we had a deficit of $160 billion – NOT 1.6 TRILLION.

Let’s take a closer look at the Forgotten 15 from an article on John Boehner’s web site.

Excerpt:

Campaigning for another failed stimulus and more job destroying taxes, President Obama has repeatedly—and falsely—asserted that “Congress isn’t willing to move” legislation to facilitate job growth. While the president plays politics, House Republicans have been working and approving legislation to promote economic growth and job creation. The House has approved more than 15 bills that, if enacted, would immediately help to grow the economy without more failed stimulus spending. These bills are currently stalled in the Democrat-controlled Senate and the president has not encouraged the Senate to act.

Here is a sample:

4)  H.R. 1230—Restarting American Offshore Leasing Now Act: H.R. 1230 would require the Department of the Interior (DOI) to auction offshore oil and gas leases in the Central and Western Gulf of Mexico, as well as in an area off the coast of Virginia. The bill would help to reduce energy prices and promote job creation by expediting offshore oil and natural gas exploration in the Gulf of Mexico and the Virginia coast.

6) H.R. 1231—Reversing President Obama’s Offshore Moratorium Act:  H.R. 1231 would require that each five-year offshore oil and gas leasing program offer leasing in the areas with the most prospective oil and gas resources, and would establish a domestic oil and natural gas production goal.  The bill would essentially lift the President’s ban on new offshore drilling by requiring the Administration to move forward on American energy production in areas estimated to contain the most oil and natural gas resources.

7) H.R. 2021—The Jobs and Energy Permitting Act of 2011:  H.R. 2021 would eliminate needless permitting delays that have stalled important energy production opportunities off the coast of Alaska.  The bill would also eliminate the permitting back-and-forth that occurs between the EPA and its Environmental Appeals Board.  Rather than having exploration air permits repeatedly approved and rescinded by the agency and its review board, the EPA will be required to take final action – granting or denying a permit—within six months.

10) H.R. 1938— North American-Made Energy Security Act:  H.R. 1938 would direct the President, acting through the Secretary of Energy, to coordinate with all federal agencies responsible for an aspect of the President’s National Interest Determination and Presidential Permit decision regarding construction and operation of Keystone XL, to ensure that all necessary actions are taken on an expedited schedule.  The bill would promote job creation and energy security by ending the needless delay of the construction and operation of the Keystone XL pipeline.

11) H.R. 2587—Protecting Jobs From Government Interference Act:  H.R. 2587 would prohibit the National Labor Relations Board (NRLB) from ordering any employer to close, relocate, or transfer employment under any circumstance.

16)  H.R. 2433—Veterans Opportunity to Work Act:  H.R. 2433 would create or modify programs that provide employment and training services to veterans and service members separating from active duty.  The bill would also make changes to programs that offer home loan guarantees, ambulance services, and pension payments to qualifying individuals. Among other things, the bill would provide up to 12 months of Veterans Retraining Assistance to no more than 100,000 unemployed veterans that enter education or training programs at community colleges or technical schools to prepare them for employment in an occupational field that is determined by Department of Labor to have significant employment opportunities.

17) H.R. 674—To amend the Internal Revenue Code of 1986 to repeal the imposition of 3 percent withholding on certain payments made to vendors by government entities:   H.R. 674 would permanently repeal the imposition of 3 percent withholding on certain payments made to vendors by government entities. Currently, the imposition of the 3 percent withholding is set to take effect on January 1, 2013. If the 3 percent withholding tax were implemented as scheduled, government entities would be required to withhold 3 percent of payments to persons providing property or services to the government.  For example, on an invoice for $20,000 the government would pay the business $19,400 and withhold $600 as a preemptive tax.  These added costs would almost certainly translate into fewer private-sector jobs and higher costs for the government and taxpayers.

They are actually up to 17 jobs bills now.

And finally, I have to post this funny John Boehner clip:

We need more of that Mr. Boehner. I think that was a good opportunity to say “freaking” as well. Because he should be pissed off with this Solyndra-bailout President.