Displaying posts published in

November 2021

Five Moderate Dem Senators Reject Biden’s Pick for Top Bank Watchdog By Caroline Downey

https://www.nationalreview.com/news/five-moderate-dem-senators-reject-bidens-pick-for-top-bank-watchdog/

Five prominent moderate Democratic senators have vowed to reject President Biden’s nominee, Saule Omarova, for the nation’s top bank watchdog role over her aggressive approach to regulating the financial sector.

Democratic members of the Senate Banking Committee Jon Tester, Mark Warner, and Kyrsten Sinema (D., Ariz.), as well as Democratic Senators John Hickenlooper and Mark Kelly have all declared their opposition to Omarova as head of Office of the Comptroller of the Currency. Biden officials still endorse Omarova, even though her confirmation is increasingly unlikely given these lawmakers’ disapproval.

“The White House continues to strongly support her historic nomination,” a White House official told Axios.

“Saule Omarova is eminently qualified for this position,” the official added. “She has been treated unfairly since her nomination with unacceptable red-baiting from Republicans like it’s the McCarthy era.”

The former law professor drew criticism from Republicans during a congressional hearing last week for her past academic works in which she advocated to “end banking as we know it.” Her position would preside over lenders holding an extremely high value of assets. Senator Kennedy grilled her over her purported praise of a number of economic practices exercised by the Soviet Union.

Voting Is For Citizens New York City’s latest effort to extend the franchise to legal permanent residents would devalue citizenship and dilute the power of the vote. Seth Barron

https://www.city-journal.org/noncitizen-voting-devalues-citizenship

New York City’s political leaders are prepared to extend the franchise to noncitizens by creating a new class of persons called “municipal voters.” These new voters would include Legal Permanent Residents—LPRs, known familiarly as “green card” holders—and other noncitizens “authorized to work in the United States.” Municipal voters would be permitted to vote in all local elections, including primary, general, and special elections for mayor, public advocate, comptroller, city council, borough president, and in local ballot initiatives. They would not be permitted to cast ballots in state or federal elections.

About 37 percent of New York City residents were born abroad. The majority of these more than 3 million people are naturalized citizens, entitled to vote in any election, assuming they meet the requirements of being 18 years old and not currently in prison or on parole. The “municipal voter” legislation would apply to the 650,000 LPRs in New York City and approximately 150,000 others who hold employment-eligible visas, or who have received “deferred action” status under DACA.

New York City has about 5.6 million registered voters, 90 percent of whom are considered “active.” Expanding the rolls by another 800,000 voters would potentially create a major new voting bloc, though it is not clear that these voters would be especially motivated to go to the polls. Voter turnout in New York City, especially in local elections, is extraordinarily thin, with typically less than 20 percent of registered voters bothering to take the trouble; one imagines that noncitizens would have even less engagement in the process. The effects on some council races, however, could be meaningful: the noncitizen population is distributed unequally around the city, so districts in parts of Queens or the Bronx with populations more than 50 percent noncitizen could see a much greater impact than other areas of the city with higher concentrations of citizens.

Allowing noncitizens to vote was normal in the early years of the American republic, though New York State ended the practice in 1804. Arkansas was the last state to abolish alien voting in 1926. In the wake of the 1968 teachers’ strike, New York City opened voting for local school boards to all residents, on the premise that noncitizen parents of schoolchildren ought to have a say in how their schools were run. But school boards were abolished in 2002, when direct control of the Department of Education was concentrated under the mayor, and the city’s experiment with noncitizen voting ended then, too.

BRET STEPHENS Can Liberals Survive Progressivism?

https://www.nytimes.com/2021/11/23/opinion/liberals-survive-progressivism.html

It’s been nearly 30 years since then-Gov. Bill Clinton took a break from the campaign trail to oversee the execution of death-row inmate Ricky Ray Rector. Morally, it may have been repugnant to kill a man so mentally handicapped by a failed suicide attempt that he set aside the pecan pie of his last meal because he was “saving it for later.”

Politically, it was essential.

By the early 1990s the American left had spent a generation earning a soft-on-crime image in an era of growing lawlessness. In 1988, Mike Dukakis secured the Democrats’ third landslide loss thanks in no small part to his stalwart opposition to the death penalty. Four years later, it was difficult to imagine any Democrat reaching the White House without a literal blood sacrifice to the gods of law and order.

Now Democrats seem intent on reviving that reputation. In Waukesha, Wis., six people were killed and at least 60 injured when Darrell Brooks drove his Ford Escape through a Christmas parade, according to the police. Brooks already had a lengthy rap sheet and had reportedly run over a woman with the same S.U.V. early this month. But, as The Times reported, he had been “quickly freed from jail on bond after prosecutors requested what they now say was an inappropriately low bail.”

What happened in Waukesha on Sunday is among the consequences of easy bail. And bail reform — that is, reducing or eliminating cash bail for a variety of offenses — has been a cause of the left for years.

Then there is California, which in 2014 classified possession of hard drugs for personal use and the theft of up to $950 of goods as misdemeanor offenses. In the Bay Area, the results have been stark: San Francisco’s overdose deaths rose to 81 per 100,000 people in 2020 from 19 per 100,000 people in 2014.

In the meantime, shoplifting has become endemic, brazen and increasingly well organized, culminating in mobs of looters ransacking stores and terrifying customers in the Bay Area last week. Local shops are closing, neighborhoods are decaying, encampments of drug addicts have proliferated, and streets are befouled by human excrement — a set of failures Michael Shellenberger calls in his thoroughly researched and convincing new book, “San Fransicko: Why Progressives Ruin Cities,” “the breakdown of civilization on America’s West Coast.”

As for the rest of the country: Can anyone seriously say that Chicago, Los Angeles, Portland, Seattle, Philadelphia or New York has been improved in recent years under progressive leadership? Why did rates of homelessness register their biggest jumps between 2007 and 2020 in left-leaning states like New York, California and Massachusetts — and their biggest decreases in right-leaning ones like Florida, Texas and Georgia?