‘Bailout Bandits’ are Romney’s top three donors as he fires on Newt for consult work

In Florida, former Massachusetts Governor Mitt Romney has fired on former Speaker of the House Newt Gingrich, repeatedly emphasizing the speaker’s private sector work for the government sponsored enterprise Freddie Mac. Romney seems concerned about that, but the governor overlooks a major factor about the people backing him for president.

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Why did Goldman Sachs chair fumble answers to Coburn’s questions?

by Kay B. Day

Goldman Sachs has a chummy relationship with Washington. And one of the firm’s recipients of a large amount of campaign money is a key player in the financial regulation bill, ‘The Dodd Bill.’

Lloyd Blankfein, chair of Goldman Sachs, sounded like a first grader during Congressional hearings when Sen. Tom Coburn (R-Okla.) quizzed him about a relationship with the US Treasury Dept. Blankfein drew a blank.

THE EXCHANGE

Sen. Tom Coburn grilled Goldman Sachs chair Lloyd Blankfein.
Coburn: “Have you personally spoken with anybody at Treasury about the regulatory reform effort?”

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Professor Bill Black uses the 'F' word Washington ignores on meltdown

By Kay B. Day

Bill Black's book about the savings and loan scandal in the 1980s is cited as one of Bill Moyers' favorites.*In an earlier column I covered testimony presented to Congress by Professor Bill Black, Associate Professor of Economics and Law at the University of Missouri—Kansas. Black appeared on Bill Moyers’ Journal program on PBS on April 23. Moyers described Black in a teaser announcing the program: “As a federal regulator many years ago Bill Black helped put in jail a lot of culprits involved in the costly savings and loan scandal of the 1980s.”

So far, Prof. Black is the only expert I've seen brave enough to use the 'F' word, 'Fraud.'

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Does Democrat approach to identity politics hurt African-Americans?

By Kay B. Day

I had a long conversation this weekend with a young woman who is sharp and educated, but held firmly in place by Democrat politics. This is partly a result of history taught in public schools. As we chatted, it became apparent she believed some myths Democrats love to promote.

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Obama forgets top donor pool as he rallies the troops, scolds Supremes and GOP

Commentary by Kay B. Day

Leftwing pundit Chris Matthews, long time admirer of President Barack Obama, said as he watched the State of the Union address, "I forgot he was black...for an hour." [Screen snip from video at Politico]President Barack Obama delivered his State of the Union speech on Wednesday with customary style and polish. He came out swinging, declaring he doesn’t quit. He urged Republicans to stop saying no and chided the Supreme Court for their recent decision in Citizens United vs. FEC.

Overall, the president tried to appease centrists and leftwingers, talking up tax deals for small businesses and dropping ‘Don’t ask don’t tell’ for gays who serve in the military. In what felt like a very long speech to this viewer, Obama urged Democrats to move along on healthcare and Cap and Trade as he urged both parties to work together. “It’s time the American people get a government that matches their decency,” he said.

If it hadn’t been for Justice Samuel Alito’s gesture, described as mouthing ‘not true’ by Politico and other media, there wouldn’t have been much to report. Alito allegedly made the motion—it wasn’t disruptive in any way—when Obama said foreign corporations could now “spend without limit” in American elections.

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