Wednesday, November 29, 2017
This Obama-Created Agency’s Power Shows the Danger of the Deep State
The kerfuffle at the Consumer Financial Protection Bureau, or CFPB—an often overlooked consumer watchdog agency created during the Obama administration—is a perfect illustration of how the administrative state has become a menace to constitutional government.
The CFPB re-emerged as a focus of controversy last week when its director, Richard Cordray, stepped down to run for governor in Ohio. President Donald Trump then nominated Office of Management and Budget Director Mick Mulvaney, a longtime critic of the CFPB, to replace Cordray temporarily until a new permanent director could be selected.
The problem was that Cordray had picked his own successor, Leandra English, to serve out the rest of his term. He cited a provision of the Dodd-Frank Act that says the deputy director “shall … serve as the acting director in the absence or unavailability of the director” until such time as the Senate confirms a new director.
Mulvaney arrived at the CFPB on Monday and assumed control as acting director. English responded by suing him and the president.
Sen. Elizabeth Warren, D-Mass., who has been one of the CFPB’s key champions, essentially called Trump’s Mulvaney appointment lawlessand claimed that the agency has the right to choose its own director under the Dodd-Frank Act.
But this isn’t so. Heritage Foundation’s John Malcolm writes that the Federal Vacancies Reform Act of 1998 ensures that the president “can designate any Senate-confirmed official (which would include Mulvaney) to perform the duties of a vacant federal office in an acting capacity for a statutorily limited period of time.”
Not only that, but preventing the president from determining his own appointment, in this case, would likely violate Article II of the Constitution, which gives the president ultimate authority to...
ILLEGAL ALIEN KILLED 31 YEAR OLD WOMAN IN HEAD-ON CRASH IN OHIO
The crash happened just after 6:30 p.m. in the area of Cleveland Avenue and Minerva Avenue.
Officials said two vehicles were involved crashed.
Authorities say a Jeep Liberty operated by Jose Veliz was traveling southbound on Cleveland Avenue when he drove left of center and crashed into a Ford Fusion driving northbound.
According to police, a passenger in the Fusion 31-year-old, Amber Moses was pronounced dead at Mount Carmel St. Ann’s and a second person was taken to Grant Medical Center in stable condition.
Police say Veliz has been charged with aggravated vehicular homicide and vehicular assault.
The crash remains under investigation, according to investigators.
ABC News 6 also reported:
A man accused of killing a person in fatal northeast Columbus accident will have to pay a large price for his freedom after a judge set bond for him at $10 million.
Prosecutors asked for a high bond because they say he’s wanted for...
Don’t Believe the Democrat Attacks on Tax Reform. Here Are the Facts.
They are not merely treasurers. They are thought leaders, experts, and fighters who, day-in and day-out, serve on the front lines of fiscal policy and intimately understand their state budgets, cash flow, and state pensions.
These leaders—state treasurers, state controllers, and state auditors—know firsthand how policies coming from inside the beltway impact the states.
The rhetoric during this year’s tax reform debate is producing more heat than light. While Democrats portray the tax reform bill as an all-out assault on the American middle class, members of the State Financial Officers Foundation have a different view. We believe tax reform is vital to growing our economy and empowering innovators in our states.
Regarding the middle class, Democrats fail to mention that under the new House plan, the standardized deduction would almost double from $6,350 to over $12,000 for single filers, and $12,700 to $24,000 for married couples filing jointly. That means the number of Americans who claim the standard deduction would likely go from 60 percent of all filers to 90 percent.
Critics also fail to mention that the tax credit per child would increase from $1,000 to $1,600.
Additionally, critics don’t admit that the impact of simplifying the tax code would disproportionately help lower- and middle-income taxpayers, most of whom would be able to file their taxes using a simple postcard.
Democrats are also arguing that higher education will be in shambles because students will no longer be able to deduct student loan interest. The current tax code allows a deduction up to $2,500 if your income is $65,000 or less.
However, this deduction goes away if your adjusted gross income is $80,000 or more. An analysis done by the American Enterprise Institute estimates the average benefit actually received by students is just $202.
The claim that losing the student loan interest deduction would prevent students from applying for new student loans and attending a college or university isn’t supported by facts. And frankly, if that were true, everyone should be pushing to eliminate the deduction, given that the student loan debt crisis in America has ballooned to an astonishing $1.3 trillion.
Democrats continue to argue that states with high taxes will be “destroyed” if state and local tax deductions are eliminated. New York Gov. Andrew Cuomo warned in a tweet earlier this month that “New York will be destroyed, if the deductibility of state and local taxes is included in any final plan that passes the House.”
And lastly, Democrats argue that eliminating the mortgage interest deduction on mortgages worth up to $1 million is somehow a tax increase on the middle class.
Aside: It is humorous to most of us that live between the coasts that somehow someone with a $1 million mortgage is still considered to be middle class.
This disingenuous claim only...
The 90 Miles Mystery Box: Episode #90
You have come across a mystery box. But what is inside?
It could be literally anything from the serene to the horrific,
from the beautiful to the repugnant,
from the mysterious to the familiar.
If you decide to open it, you could be disappointed,
you could be inspired, you could be appalled.
This is not for the faint of heart or the easily offended.
You have been warned.
Tuesday, November 28, 2017
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