Published: Friday 31 August 2012
“States also have the option to seek a favorable judgment from the federal court in Washington, D.C. — a costlier, longer and, therefore rarer, route to take.”

 

 

A single provision of the Voting Rights Act of 1965 has been playing a key role on the election front this year. Section 5 has blocked photo voter-ID laws, prohibited reduced early-voting periods in parts of Florida and just Tuesday barred new redistricting maps in Texas.

It's the reason South Carolina is in federal court this week to try to convince a three-judge panel its photo voter-ID law will not disenfranchise minorities. It's the reason that Texas went to trial on the same issue last month — and on Thursday, lost.

Not surprisingly, then, Section 5 is increasingly the target of attack by those who say it is outdated, discriminatory against Southern states and unconstitutional.

Under the provision, certain states and localities with a history of anti-minority election practices must obtain federal approval or "pre clearance" before making changes to voting laws. In present day, that requirement is burdensome, "needlessly aggressive" and based on outdated coverage criteria,

Published: Wednesday 1 August 2012
“The precedents the Roberts Court is setting are making it easier for corporations to exercise the rights of American citizens without corresponding civic responsibilities.”

The media spectacle surrounding the Supreme Court’s upholding of the Affordable Care Act eclipsed another important judgment the Court made that week. In American Tradition Partnership, Inc. v. Bullock, the Court voted 5-4 to reaffirm its Citizens United v. Federal Election Commission decision, the controversial campaign finance case in 2010. In Citizens United, the court's majority argued that political spending is a form of speech and that restrictions upon that speech would violate corporations' first amendment rights. The Bullock ruling overturned a Montana Supreme Court decision that affirmed a century-old voter-approved ban on corporate spending in the state's elections. This reinforcement of the Citizens United decision has grave implications for the legitimacy of our democracy and our constitutional rights. It should serve as a rallying point for grassroots movements.

 

The Citizens United decision and the Bullock affirmation are both ushering in a stampede of corporate contributions to candidates and parties. The dismantling of regulations on corporate expenditure on elections has no clear stopping point, particularly when the nation's highest court seems intent upon granting them legal status as citizens. These precedents make it easier for corporations to exercise the rights of American citizens without corresponding civic responsibilities.

The Roberts Court apparently believes that corporate rights are more important than those of U.S. citizens. It's also making it harder to prosecute corporations.  The Alliance for Justice, an advocacy group that compiles annual reports detailing the Supreme Court cases concerning corporate rights, has found that “under the leadership of Chief Justice John Roberts, the Court has radically rewritten laws in order to shield ...

Published: Friday 20 July 2012
Just over a month ago the Federal Reserve quietly released a proposal to implement Basel III, an international agreement signed by twenty-seven nations aimed at ensuring the global economy’s resilience against financial disintegration.

 

 

While corporate news media speculate on just how many luxury cars Mitt Romney owns or whether Chief Justice John Roberts is a Subaru-driving, soy-loving, closet-liberal, they’re missing what is arguably the most decisive political story of the summer: regulatory capital “reform.

Just over a month ago the Federal Reserve quietly released a proposal to implement Basel III, an international agreement signed by twenty-seven nations aimed at ensuring the global economy’s resilience against financial disintegration. The directive, drafted by a cadre of central bank representatives and national regulators known collectively as the Basel Committee on Banking Supervision, devised rules focused on both the type and amount of capital banks must hold to protect themselves against potential losses

Since the first iteration of the Basel Accords in 1988 (Basel I), one of the most critical features of the international agreement has been the leverage ratio requirement. Financial leverage refers to the relationship, often expressed as a percentage, between the money a bank borrows and the capital (both liquid and long-term) it has available to it. More simply, leverage for a bank is essentially the amount of equity a bank possesses relative to its assets; the leverage rate is defined as the ratio of total assets to equity. That is, leverage is a measure of how much a firm borrows relative to its total assets and low leverage rates often indicate the strength and stability of a financial institution. 

Prior to 2004 when the Securities and Exchange Commission (SEC) relaxed leverage requirements on lending institutions, most depository banks had leverage ratios of around 10:1

Published: Tuesday 17 July 2012
“Real-estate mogul Donald Trump, with his customary charm, thought it appropriate to refer to the brilliant and scholarly Roberts as a “dummy.”

Shortly after John Roberts, the conservative United States Supreme Court Chief Justice, sided with the Court’s four liberal justices to uphold President Barack Obama’s major health-care reform, he joked that he was leaving the country for the “impregnable island fortress” of Malta. Roberts was referring not so much to the mainstream media’s speculation about the reasons for his surprise vote, but rather to the fury and thirst for retribution among conservative bloggers and pundits.

Indeed, “traitor” was one of their common epithets, as were “coward” and “sellout.” Real-estate mogul Donald Trump, with his customary charm, thought it appropriate to refer to the brilliant and scholarly Roberts as a “dummy.”

The apoplectic rage that followed the Supreme Court’s decision on Obama’s health-care legislation is becoming routine in America’s public discourse, and it is a bipartisan malady. Though it may have started on the left – in response to Richard Nixon, Ronald Reagan, and George W. Bush – it has become increasingly a right-wing phenomenon. Radio personalities like Rush Limbaugh and Glenn Beck (who recently signed a $100 million deal to spew more hatred on the airwaves) dwarf liberal commentators in audience size. The age of information and communications has given way to an age of anger.

READ FULL POST DISCUSS

Published: Monday 2 July 2012
Stock prices in the for-profit hospital industry soared, rising 7 percent in heavy trading immediately after the Court ruling.

 

Was today's ruling a victory for justice over corporate power? Did Chief Justice John Roberts rise above partisan differences because that's where an honest reading of the law took him?

Nah. The majority on this Supreme Court is a wholly-owned subsidiary of Corporate America. Call it SCOTUS™ Inc., and it's brought to you by the same fine folks that gave you Citizens United and Bush v. Gore. John Roberts is its CEO, not its Chief Justice.

The point isn't to reinforce anybody's cynicism. But you can't be idealistic in an effective way until you see things as they really are.

Roberts Rules

It was a shrewd move. Remember, as CEO of SCOTUS™ Inc., John Roberts is running the subsidiary of a large conglomerate. I've had that job myself, and trust me: you've got to please the parent or you're out of business.

By casting the decisive vote (who knows whether it really was the deciding vote, or whether the right-wing majority made it look that way) Roberts acted in the best interests of corporate conservatism, for-profit healthcare companies, and - most importantly of all - of the far-right political force which is today's Republican Party.

He had three options: Strike down a signature piece of Democratic legislation in its entirety, which would look highly partisan; strike down the individual mandate, which would look even worse since it was a conservative Republican idea; or uphold the law in a way that's designed to do maximum political damage to the Democrats and protect the Court's current corporate status.

Weighing the Options

Striking down the law would have cost the Court immeasurably in what corporate accountants call "good will."It would have widened and deepened the common (and accurate) perception ...

Published: Saturday 30 June 2012
“Opinion is steadily growing that Romney is not that smart in the upper floors.”

 

It's tempting to say the Affordable Care Act decision spells the end of the Romney candidacy. The Mormon millionaire was entirely blindsided by yesterday's long-awaited verdict from the U.S. Supreme Court, as were almost all Republicans who had spent months complacently totting up a conservative majority, led by Chief Justice John Roberts, and then Lo! here's Roberts saying the famous unfunded mandate is constitutional. People can be compelled to pay taxes for their health insurance.

Romney said rather limply, "What the Court did today was say that Obamacare does not violate the Constitution. What they did not do was say that Obamacare is good law or that it's good policy." He said the ruling had made it clear: "If we want to get rid of Obamacare, we're going to have replace President Obama." Then he flourished the slogan: "Repeal or replace." President Obama drove his point home with a politician's usual piety. "I didn't do this because I thought it was good politics," he said, touting the Act's provisions to protect patients with pre-existing conditions, to allow children up to age 26 to remain on their parents' plans and to require insurers to provide free preventive screenings. "I did it because I believed it was good for this country."

Obama said that even as implementation of the Act continues, it could be improved upon. But the court ruling allows the country to avoid, as Obama put it, going back to "fight the political battles of two years ago" when the law was passed.

Opinion is steadily growing that Romney is not that smart in the upper floors.

There was the disaster when Obama said most young illegal immigrants brought to the United States as kids will not be deported. They do have to fit certain criteria. They must be under the age of 30, have been ...

Published: Friday 29 June 2012
Published: Friday 29 June 2012
“By immediately committing to reverse a health care reform based on the very program he implemented as governor of Massachusetts, Romney has gone to war with himself.”

 

Mitt Romney is an idiot or, even worse, is pretending to be one. His tantrum of a response on Thursday to the Supreme Court’s health care decision was pure playground: As president I will own the ball, and the game will be played by rules that leave me a winner.

That game has already been called in a decision written by the top-ranking conservative jurist, and shorn of the constitutional objection; Barack Obama’s health care plan now will be judged by its practical outcomes. Romney’s promise that “I will act to repeal Obamacare” from “my first day as president of the United States” is a prescription of destructive gridlock for a program already well under way. 

By immediately committing to reverse a health care reform based on the very program he implemented as governor of Massachusetts, Romney has gone to war with himself. Obviously, neither he nor his advisers has yet grasped that the decision written by Chief Justice John Roberts has changed the terms of the debate.

The issue is no longer one of states’ rights. That would have been the case if the court had relied on the Constitution’s commerce clause, leaving Romney to argue that it was legal for his state to have required a mandate but is illegal for the feds to do so. However, the court decision, based as it is on the right of the government to raise taxes to pay for a public need, makes the states’ rights claim irrelevant. 

The issue faced by the court was the same on the federal level as it was on the state level; if the public, through its government, must ultimately bear the cost of caring for the uninsured—as would be so in any society possessed of even a modicum of shared social responsibility—then it can vote to levy taxes to finance that effort.

Why did Massachusetts under Romneycare have a right to tax to ...

Published: Friday 29 June 2012
“The Affordable Care Act’s [ACA] requirement that certain individuals pay a financial penalty for not obtaining health insurance may reasonably be characterized as a tax.”

 

Initial reactions to the U.S. Supreme Court’s general upholding of the health care reform law Thursday ranged from the American Public Health Association’s (APHA) heralding the decision to conservative groups, such as the Association of American Physicians and Surgeons, decrying it as “a victory for those who want the Federal government to micromanage your life and medical care.”

 

Buzzing beneath the first bluster of reactions, though, advocates for uninsured or underinsured Americans are raising concerns about the impact — if any — of limitations on the high court’s decision.

 

Chief Justice’s Surprise Swing Vote

 

First, here’s what the court decided: The 200-plus-page judgment breaks down into two major parts. In a 5-4 majority opinion written by conservative stalwart Chief Justice John Roberts, who became the surprise swing vote, the court upheld the law’s provision mandating that individuals have insurance or pay a penalty. 

 

The decision states, “The Affordable Care Act’s [ACA] requirement that certain individuals pay a financial penalty for not obtaining health insurance may reasonably be characterized as a tax.” 

 

Roberts thus accepted the Obama administration’s secondary argument that compelling people to buy insurance or be penalized was not tantamount, as dissenting Justice Antonin Scalia argued, to compelling citizens to buy broccoli for their health. Instead, says the majority, the penalty for not purchasing health insurance is no different from any other federal tax permitted by the U.S. Constitution.

 

The Chief Justice, however, sided with his four conservative colleagues on the ...

Published: Friday 29 June 2012
“Justice Roberts may have, like his earlier namesake, saved the Court from a growing reputation for political partisanship.”

 

Today a majority of the Court upheld the constitutionality of the Affordable Care Act, otherwise known as Obamacare in recognition of its importance as a key initiative of the Obama administration. The big surprise, for many, was the vote by the Chief Justice of the Court, John Roberts, to join with the Court’s four liberals.

 

Roberts’ decision is not without precedent. Seventy-five years ago, another Justice Roberts – no relation to the current Chief Justice – made a similar switch. Justice Owen Roberts had voted with the Court’s conservative majority in a host of 5-4 decisions invalidating New Deal legislation, but in March of 1937 he suddenly switched sides and began joining with the Court’s four liberals.  In popular lore, Roberts’ switch saved the Court – not only from Franklin D. Roosevelt’s threat to pack it with justices more amenable to the New Deal but, more importantly, from the public’s increasing perception of the Court as a partisan, political branch of government.

 

Chief Justice John Roberts isn’t related to his namesake but the current Roberts’ move today marks a close parallel. By joining with the Court’s four liberals who have been in the minority in many important cases – including the 2010 decision, Citizen’s United vs. Federal Election Commission, which struck down constraints on corporate political spending as being in violation of the Constitution’s First Amendment guaranteeing freedom of speech – the current Justice Roberts may have, like his earlier namesake, saved the Court from a growing reputation for political partisanship.

 

As Alexander Hamilton pointed out when the Constitution was being written, the Supreme Court is the “least dangerous branch” of government ...

Published: Thursday 28 June 2012
“The ruling hands Obama a campaign-season victory in rejecting arguments that Congress went too far in approving the plan.”

The Supreme Court on Thursday upheld virtually all of President Barack Obama's historic health care overhaul, including the hotly debated core requirement that nearly every American have health insurance.

The 5-4 decision meant the huge overhaul, still taking effect, could proceed and pick up momentum over the next several years, affecting the way that countless Americans receive and pay for their personal medical care.

The ruling hands Obama a campaign-season victory in rejecting arguments that Congress went too far in approving the plan. However, Republicans quickly indicated they will try to use the decision to rally their supporters against what they call "Obamacare," arguing that the ruling characterized the penalty against people who refuse to get insurance as a tax.

Breaking with the court's other conservative justices, Chief Justice John Roberts announced the judgment that allows the law to go forward with its aim of covering more than 30 million uninsured Americans. Roberts explained at length the court's view of the mandate as a valid exercise of Congress' authority to "lay and collect taxes." The administration estimates that roughly 4 million people will pay the penalty rather than buy insurance.

Even though Congress called it a penalty, not a tax, Roberts said, "The payment is collected solely by the IRS through the normal means of taxation."

Roberts also made plain the court's rejection of the administration's claim that Congress had the power under the Constitution's commerce clause to put the mandate in place. The power to regulate interstate commerce power, he said, "does not authorize the mandate. "

GOP presidential candidate Mitt Romney renewed his criticism of the overhaul, calling it "bad law" and promising to work to repeal it if elected in November.

Stocks of hospital companies rose sharply, and insurance companies ...

Published: Thursday 28 June 2012
Why the Supreme Court will uphold the constitutionality of the Affordable Care Act (Obamacare) by a vote of 6 to 3.

Predictions are always hazardous when it comes to the economy, the weather, and the Supreme Court. I won’t get near the first two right now, but I’ll hazard a guess on what the Court is likely to decide tomorrow: It will uphold the constitutionality of the Affordable Care Act (Obamacare) by a vote of 6 to 3. 

Three reasons for my confidence:

First, Chief Justice John Roberts is — or should be — concerned about the steadily-declining standing of the Court in the public’s mind, along with the growing perception that the justices decide according to partisan politics rather than according to legal principle. The 5-4 decision in Citizen’s United, for example, looked to all the world like a political rather than a legal outcome, with all five Republican appointees finding that restrictions on independent corporate expenditures violate the First Amendment, and all four Democratic appointees finding that such restrictions are reasonably necessary to avoid corruption or the appearance of corruption. Or consider the Court’s notorious decision in  READ FULL POST 9 COMMENTS

Published: Saturday 9 June 2012
Americans’ diminishing respect for the Court can be heard on the right and left of our increasingly polarized political spectrum.

 

The public’s growing disdain of the Supreme Court increases the odds that a majority will uphold the constitutionality of Obamacare.

The latest New York Times CBS Poll shows just 44 percent of Americans approve the job the Supreme Court is doing. Fully three-quarters say justices’ decisions are sometimes influenced by their personal political views.

The trend is clearly downward. Approval of the Court reached 66 percent in the late 1980s, and by 2000 had slipped to around 50 percent.

As the Times points out, the decline may stem in part from Americans’ growing distrust in recent years of major institutions in general and the government in particular.

But it’s just as likely to reflect a sense that the Court is more political, especially after it divided in such partisan ways in the 5-4 decisions Bush v. Gore (which decided the 2000 presidential race) and Citizen’s United (which in 2010 opened the floodgates to unlimited campaign spending).

Americans’ diminishing respect for the Court can be heard on the right and left of our increasingly polarized political spectrum.

A few months ago, while a candidate for the Republican presidential nomination, Newt Gingrich stated that the political branches were “not bound” by the Supreme Court. Gingrich is known for making bizarre claims. The remarkable thing about this one was the silence with which it was greeted, not only by other Republican hopefuls but also by Democrats.

Last week I was on a left-leaning radio talk show whose host suddenly went on a riff about how the Constitution doesn’t really give the Supreme Court the power to overturn laws for being unconstitutional, and it shouldn’t have that power.

All this is deeply dangerous for the Court, and for our system of government.

Almost 225 years ago, Alexander Hamilton, writing in ...

Published: Tuesday 5 June 2012
Even while it is possible (if unlikely, thanks to the 5-4 majority maintained by conservative justices) to overturn Citizens United, the Court’s impending decision won’t affect the 2012 race.

 

Citizens United, the U.S. Supreme Court decision that helped bring even more corporate money into politics, has already made history. Outside groups have spent record amounts influencing the 2012 election already propelling unlikely candidates like Newt Gingrich to remain in the race for far longer than actual voters seemed to want them around. People on the right and left have called for the Supreme Court to overturn this decision, and the Court has an opportunity to do so. It’s currently deciding whether to hear a Montana Supreme Court case which ruled that Montana could use a century-old state law on its books to keep corporate money out of politics.

Even while it is possible (if unlikely, thanks to the 5-4 majority maintained by conservative justices) to overturn Citizens United, the Court’s impending decision won’t affect the 2012 race. Justice John Robert’s court schedule makes clear ...

Published: Thursday 29 March 2012
The irony is that if the court’s conservatives overthrow the mandate, they will hasten the arrival of a more government-heavy system.

Three days of Supreme Court arguments over the health-care law demonstrated for all to see that conservative justices are prepared to act as an alternative legislature, diving deeply into policy details as if they were members of the Senate Health, Education, Labor and Pensions Committee.

Senator, excuse me, Justice Samuel Alito quoted Congressional Budget Office figures on Tuesday to talk about the insurance costs of the young. On Wednesday, Chief Justice John Roberts sounded like the House whip in discussing whether parts of the law could stand if other parts fell. He noted that without various provisions, Congress “wouldn’t have been able to put together, cobble together, the votes to get it through.” Tell me again, was this a courtroom or a lobbyist’s office?

 

It fell to the court’s liberals — the so-called “judicial activists,” remember? — to remind their conservative brethren that legislative power is supposed to rest in our government’s elected branches.

READ FULL POST 11 COMMENTS

Published: Sunday 8 January 2012
“Republicans have been blocking confirmation of the President’s nominees to government agencies, the courts, even keeping ambassadors from being confirmed.”

After years of conciliation and one-way "bipartisanship," with Republicans refusing to meet even partway, the President got fed up. The President is finally taking the necessary steps to get the government up and running, doing government's job of protecting citizens from the exploitation by the wealthy and powerful. Republicans say the President taking executive action to keep the government operating is "unprecedented" and a "power grab." Let's take a look at what Republicans have been doing to trigger this action.

Filibusters

Since the President took office Republicans have used the filibuster an unprecedented number of times. Ezra Klein, in Government by loophole, explains that this was "more filibusters between 2009 and 2011 than there were in the 1950s, 1960s and 1970s combined."

The corporate media likes to say that "it takes 60 votes to pass a bill in the Senate." That is ...

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