Showing posts with label 2008 Election. Show all posts
Showing posts with label 2008 Election. Show all posts

Tuesday, October 21, 2008

Barack Obama's Legislative Record - Very Impressive

Robert J. Elisberg

Robert J. Elisberg

Posted October 21, 2008 | 11:21 AM (EST)
www.huffingtonpost.com

The Little Known Truth of Barack Obama's Legislative Record

As we all know, Barack Obama hasn't passed any major legislation. He's inexperienced, never done anything. We know this. We know it because John McCain and Sarah Palin, bless her accomplished heart, have said so. And so, we know.

Far be it from me not to take their word for it, but I decided to check things out. And shockingly...it doesn't turn out to be true! Really. So, take a guess on how much legislation Barack Obama has sponsored in the United States Senate, which has become law.

C'mon, take a guess.

Nope, sorry, take another guess.

Barack Obama has authored or co-sponsored 579 bills in Washington. And as a state senator, he sponsored 820 laws for Illinois.

That's 1,399 bills in all. Not bad for someone who apparently had done zero - okay, according to his opponents.

I know, I know. Those 820 are just for a "state," so they don't really count. Except...well, wait, a "state" is what Sarah Palin is governor of. (At least for 21 months.) So if sponsoring pesky "state" laws doesn't count, what in the world does she have on her resume then? Other than ethics violations.

Besides, y'know, Illinois is an awfully big state. If someone passes a law there, it does affect the lives of 26 million people.

And, yipes, it turns out that there is a wide-ranging record of bipartisan laws he's co-sponsored, as well, working across the aisles with Republicans. Go figure, who knew?!

Okay, first, let's look at Barack Obama's 579 Senate bills. (To be fair, some of these are pending - the U.S. Senate works slooowly...)

But here are just a few highlights of the ones that have passed.

With Russ Feingold, Sen. Obama helped put together and co-sponsor the Obama/Feingold 2007 Ethics Reform Law, which curbed lobbying abuses. The bill was perhaps the most sweeping ethics reform since Watergate.

Mr. Obama joined forces with Republican Richard Lugar as original co-sponsors of the landmark bill that improved the government's ability to detect and destroy Weapons of Mass Destruction, keeping them from terrorists.

Working across the aisle again, this time, with Republican Chuck Hagel, Barack Obama authored a provision to secure vulnerable nuclear weapons and nuclear material around the world, protecting them from terrorists.

Sen. Obama also wrote the legislation for his Homes for Heroes Act and SAVE Act, that increased services for homeless veterans.

Shockingly, it turns out that John McCain is also wrong about Barack Obama not being willing to go against his party. You see, Mr. Obama sponsored an amendment that required lobbyist disclosures. And as the NY Times wrote, "The disclosure idea's lead sponsor, Senator Barack Obama... 'has not been the most popular person in our caucus in the last couple of weeks,' said a Democratic aide involved in deliberations over the bill."

Gee. Apparently, it seems, Barack Obama has been willing to buck his own party. And work across the aisle. And sponsor and pass important legislation. And there are 574 other bills - some large, some smaller, but all can be found on State Surge.

Meanwhile, his record as a senator in Illinois has an impressive 820 bills that impacted the lives of countless millions, as well. By the way, for fact buffs: the 13th District he represented was alone comprised of 653,457 people - the same as the entire state of Alaska.

In Illinois, with its 26 million citizens, Barack Obama co-sponsored bipartisan campaign finance reforms, that the Chicago Tribune referred to as "the most sweeping good-government legislation in decades." He co-sponsored a bipartisan, groundbreaking ethics reform law and was the main sponsor of the Health Care Justice Act. As co-chairman of a bipartisan committee, Sen. Obama also helped pass predatory mortgage lending reforms, which prevent foreclosures. (Hmm, that was forward thinking. Ya think? But, tosh, it was just a "state" law...) He sponsored laws that raised tax credits for low-income workers, that improved childcare subsidies for the KidCare Program (bringing health care to 70,000 uncovered children), and that reformed welfare. And he co-sponsored the Equal Pay Act for women.

Further, Mr. Obama sponsored bipartisan legislation that made Illinois the first state to require videotaping of capital cases, and bipartisan laws for monitoring racial profiling.

This list goes endlessly on. A total of 820 laws in all. FactCheck.org has detailed descriptions.

None of this is to place a value judgment on the 579 federal laws Barack Obama authored or co-sponsored. Nor is it to equate state laws with federal. It's merely to address the false impression that the McCain campaign has tried to put forth that Sen. Obama has sponsored no important legislation in the U.S. Senate, never been able to work across the aisle and largely sat in the Illinois Senate voting "present."

Put whatever value you wish on the 1,399 laws Barack Obama has helped sponsor. Decide for yourself what is a "major" law. From ethics reform to safeguarding WMD to child health care to home foreclosure protection, and much more, you have a great many laws to choose from.

It's up to you to decide if passing laws in a state of 26 million people shows a person's interests, initiative and abilities and helps set precedents. In truth, Illinois state laws do not cover a nation - they just cover 9% of the nation's population.

In the end, there is only one simple point to this. Honesty. That anyone who suggests that Barack Obama has been ineffectual in his 12-year career as an elected representative, sponsoring no important legislation, unable to work across party lines, unwilling to go against his party, and avoiding taking stances by voting "present" - then that person doesn't know what they are talking about. Or is lying.

Tuesday, October 7, 2008

CNN Fact Checks Obama's "Keating Economics" Video

We recently posted a new link to a web by the Obama campaign that went live yesterday:
Keating Economics: John McCain and the Making of a Financial Crisis . CNN which appears to be unbiased, regularly featuring both Republican and Democratic view points, fact checked the new Obama video on Keating 5 (note: if McCain hadn't participated, it would have been Keating 4 - but I digress) and here's the verdict:

"The Verdict: True. McCain did push to delay regulations that would have cracked down on savings-and-loans practices and intervened on Keating's behalf, although he was cleared of wrongdoing in the 'Keating Five' case."

So how do we apply this to today?

PAST: McCain pushed to delay regulations.
PRESENT: We now have a housing crisis because of deregulation.
FUTURE: McCain wants to deregulate health care.

Here's the CNN article:

October 6, 2008
Posted: 06:01 PM ET
Monday the Obama campaigned rolled out a Web site and online documentary about Sen. McCain and Charles Keating.
Monday the Obama campaigned rolled out a Web site and online documentary about Sen. McCain and Charles Keating.

The Statement: The campaign for Democratic presidential nominee Sen. Barack Obama on Monday, Oct. 6, unveiled a Web site noting that Republican opponent Sen. John McCain played a key role in the Senate's "Keating Five" scandal of the 1980s. "McCain intervened on behalf of Charles Keating with federal regulators tasked with preventing banking fraud, and championed legislation to delay regulation of the savings and loan industry — actions that allowed Keating to continue his fraud at an incredible cost to taxpayers," the site says.

Get the facts!

The Facts: Keating was sentenced to prison and required to pay more than $1 billion in civil penalties after being convicted on fraud, racketeering and conspiracy charges centered around his running of Lincoln Savings and Loan, which he bought in 1984. On April 14, 1989, Lincoln was seized by the government at an eventual taxpayer cost of $3.4 billion, then the most expensive thrift bailout in history. Lincoln and Keating became national symbols of the savings-and-loans collapse of the '80s — much as lending firms Fannie Mae and Freddie Mac have symbolized the current financial meltdown.

McCain had been friends with Keating since the early '80s — their families vacationed together several times, according to previous CNN reporting. Keating was an early financial supporter of McCain's political career and donated to his campaigns repeatedly over the years. Keating's first company, American Continental, was headquartered in Arizona, the state McCain represents. McCain became one of the so-called "Keating Five" — five U.S. senators investigated over accusations they tried to interfere in a federal investigation of Keating's role in the savings-and-loan's collapse.

In January 1985, while in the U.S. House, McCain co-sponsored a resolution that would have delayed the effective date of proposed government limits "on direct investment in real estate, service corporations, and equity securities by federally insured savings and loan associations." He was one of the early sponsors, although a majority of Congress eventually signed on to sponsor it. The legislation would have impacted Keating's business, but would have regulated the entire industry, not specifically Lincoln Savings and Loan.

McCain also wrote several letters to government regulators and other officials regarding the issue. One, dated Jan. 30, 1985, to White House chief of staff James Baker, called the proposed regulations "unwise," saying the effort "flys (sic) in the face of our recent efforts to remove the hand of government from the affairs of private enterprise."

On April 9, 1987, McCain and the other senators attended a meeting with federal regulators investigating Keating. McCain has since said he regrets doing so. "He asked me to help him," he said during an October 2002 interview with Chicago's WGN-AM radio station. "I said I wouldn't do certain things. He called me a wimp. I threw him out of my office, but I still went to a meeting with four other senators with a group of regulators."

McCain testified that he never asked for anything inappropriate during the meeting, and the Senate ethics committee found that, after regulators said the firm was being investigated not just for insolvency, but on criminal grounds, McCain took no further action on Keating's behalf. In the end, the committee recommended McCain and Sen. John Glenn be dropped from the probe — although McCain was rebuked by the Senate for using "poor judgment" in his relationship with the millionaire banker.

The Verdict: True. McCain did push to delay regulations that would have cracked down on savings-and-loans practices and intervened on Keating's behalf, although he was cleared of wrongdoing in the "Keating Five" case.

Filed under: Charles Keating • Fact Check • John McCcain