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Massachusetts Liberal

Observations on politics, the media and life in Massachusetts and beyond from the left side of the road.

Friday, December 11, 2009

Can you top this?

Will Rogers once said "I'm not a member of an any organized political party. I'm a Democrat." Anyone looking to identify with the GOP today might correctly declare: "I'm not a member of a sentient political party. I'm a Republican."

The morphing of the Party of Lincoln into the Party of Palin is painful but amusing, in a twisted way. If the folks who churn out the daily talking points could govern as creatively as the oppose, we might not be in the mess we are in today.

Two items stand out this morning: According to the GOP blabberati, Barack Obama is dissing American Jews because his Hanukkah party isn't as big or as inclusive as that of George W. Bush.

In an opinion article published by JTA, the Jewish news agency, Tevi Troy, a former Bush administration liaison to Jewish groups, warned that the Obama White House had given Jewish Americans “a number of reasons to fear that it takes its votes for granted.” Mr. Troy cited as examples the administration’s call for a freeze on Jewish settlements in the West Bank and the decision to honor Mary Robinson, the former president of Ireland, who has been accused by some Democratic lawmakers of anti-Israel bias.

Mr. Troy said the reduced guest list created “a nagging sense that there may be a studied callousness at work here.”

The Times dutifully notes the raging controversy over the number of invitations sent by Obama and the number of actual guests at Bush bashes. They also helpfully note that while the Obama invitation only mentions a "holiday reception" at least it is not adorned with Christmas trees as one Bush invitation was.

But the GOP has an even tougher sell if it wants to convince the American public that the long overdue bill to regulate Wall Street amounts to coal in the collective Christmas stocking.

As the Globe notes:
The sweeping legislation is the most significant overhaul of financial regulation since the 1930s. It would create a federal agency to protect consumers from questionable loan practices, give government the power to seize control of financial institutions under certain circumstances if they are deemed “too big to fail,’’ and require hedge fund traders to register with the government."
Considering the fact that even Goldman Sachs finally figured out they may have gone to far with their bonuses, you would think there might be some consensus on how to tackle the worst recession since the 1930s.

Guess again.
“The Democratic plan for regulatory reform is nothing more than a permanent bailout and a job-killer and it must be opposed,’’ said Representative Mike Pence of Indiana, the chairman of the House Republican Conference Committee.
Consumer protection, an end to the "too big to fail" doctrine that allowed Citibank and Bank of America trade recklessly then turn to taxpayers for a bailout and an effort to rein in hedge funds is a job killer?

No, Rep. Pence, the wild unregulated cowboy mindset of Wall Street, aided and abetted by an SEC that failed to even check out Bernie Madoff is a job killer.

Has someone spiked the GOP's latkes? Or are they readying for the move to Cuckoo, Va.?

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