Posts Tagged ‘Richard Epstein’

Cavalcade of Clinton Corruption

Monday, May 16th, 2016

There’s so much news about the corrupt dealings of the Clinton Clan popping up that I need to do a separate roundup.

First up: Clinton Global Initiative money going to one of Bill Clinton’s “special friends“:

The Clinton Global Initiative, which arranges donations to help solve the world’s problems, set up a financial commitment that benefited a for-profit company part-owned by people with ties to the Clintons, including a current and a former Democratic official and a close friend of former President Bill Clinton.

The $2 million commitment was placed on the agenda for a September 2010 conference of the Clinton Global Initiative at Mr. Clinton’s urging, according to a document from the period and people familiar with the matter.

Mr. Clinton also personally endorsed the company, Energy Pioneer Solutions Inc., to then-Energy Secretary Steven Chu for a federal grant that year, said people with knowledge of the endorsement.

Snip.

Energy Pioneer Solutions was founded in 2009 by Scott Kleeb, a Democrat who twice ran for Congress from Nebraska. An internal document from that year showed it as owned 29% by Mr. Kleeb; 29% by Jane Eckert, the owner of an art gallery in Pine Plains, N.Y.; and 29% by Julie Tauber McMahon of Chappaqua, N.Y., a close friend of Mr. Clinton, who also lives in Chappaqua.

So just who is Julie Tauber McMahon? Since 2014, many Clinton watchers have tabbed McMahon as “Energizer,” the Secret Service code-name given to Bill Clinton’s “attractive, busty” blonde mistress.

Paying off your mistress’s for-profit company with charity dollars isn’t exactly standard accounting practice.

Such financial shenanigans are far from the only financial irregularity carried out by the Clinton Foundation.

After more than a year of research, a Wall Street analyst is arguing the Clinton Foundation’s books are riddled with financial inconsistencies that rise to the level of “fraud.”

Charles Ortel, who gained recognition for correctly identifying problems with General Electric’s financial statements in 2008, has prepared 40 reports highlighting discrepancies that he said proves the Clinton Foundation has covered up cash flow since 1997.

The financial whistleblower said his 15 months of research revealed gaps in the amount of money donors claim to have given and the amount of money the foundation claims to have received.

Hat tip: Ace of Spades HQ, who notes:

From 2000 until now, the Clintons were on their very best behavior, to preserve Hillary’s electoral viability.

In that period, they created a sham charity for personal enrichment and to pay off their cronies they could get government jobs for and put American secrets online for the Russian and Chinese and Iranian intelligence agencies to pilfer.

That was the Clintons at their finest.

What happens when they no longer have to care about the law at all?

So what sort of donors give money to the Clinton Foundation? I know you’ll be shocked to know that Arab sheiks were among the most generous givers.

A Daily Caller News Foundation investigation reveals that Bill and Hillary Clinton received at least $100 million from autocratic Persian Gulf states and their leaders, potentially undermining Democratic presidential candidate Hillary’s claim she can carry out independent Middle East policies.

As a presidential candidate, the amount of foreign cash the Clintons have amassed from the Persian Gulf states is “simply unprecedented,” says national security analyst Patrick Poole.

“These regimes are buying access. You’ve got the Saudis. You’ve got the Kuwaitis, Oman, Qatar and the UAE. There are massive conflicts of interest. It’s beyond comprehension,” Poole told TheDCNF in an interview.

Overall, the Clinton Foundation has received upwards of $85 million in donations from five Persian Gulf states and their monarchs, according to the foundation’s website.

And all this news is popping up just when the Clinton Cash documentary is about to debut at Cannes:

A few more Clinton Corruption tidbits:

  • Speaking of Bill Clinton, records show he took at least 26 trips aboard registered sex offender Jeffrey Epstein’s Lolita Express. (Hat tip: Director Blue.)
  • Flashback: This piece, where the late Christopher Hitchens nails the sleazy antics of the Clintons, remains as relevant as ever:

    What do you have to forget or overlook in order to desire that this dysfunctional clan once more occupies the White House and is again in a position to rent the Lincoln Bedroom to campaign donors and to employ the Oval Office as a massage parlor? You have to be able to forget, first, what happened to those who complained, or who told the truth, last time. It’s often said, by people trying to show how grown-up and unshocked they are, that all Clinton did to get himself impeached was lie about sex. That’s not really true. What he actually lied about, in the perjury that also got him disbarred, was the women. And what this involved was a steady campaign of defamation, backed up by private dicks (you should excuse the expression) and salaried government employees, against women who I believe were telling the truth. In my opinion, Gennifer Flowers was telling the truth; so was Monica Lewinsky, and so was Kathleen Willey, and so, lest we forget, was Juanita Broaddrick, the woman who says she was raped by Bill Clinton.

    (Hat tip: Instaundit.)

  • Secure cell phones frighten and confuse Hillary Clinton. She seems almost as technically savvy as Grandpa Simpson…
  • Hillary’s emails are almost certainly in the hands of Russian intelligence services that were monitoring Romanian hacker Guccifier. (Hat tip: Director Blue.)
  • And Still More ObamaCare Hearings Follow-Up

    Wednesday, April 4th, 2012

    First, the ubiquitous Richard Epstein, on why Justice Kennedy’s million dollar question might restore our understanding of the Commerce Clause to the pre-NLRB v. Jones & Laughlin and Wickard v. Filburn reading that held sway from the founding of the United States to the imposition of the New Deal.

    Second, Ramesh Ponnuru examines Dmeocrats’ magical thinking that the overturning of ObamaCare would lead inevitably to a groundswell of support for a single payer system (presumably including a mass march on Washington by Americans of all walks of life coming together, firsts clinched high and singing “The Internationale”):

    Reality-check time: When Obamacare became law, Democrats had more power in Washington than at any time since the Carter administration in the 1970s. They had the presidency and lopsided majorities in both houses of Congress. Because conservative Democrats have declined in numbers, it was probably the most liberal Congress since 1965-66. They were still barely able to pass the law. And that was with important medical industries either neutralized or in favor of the legislation, which they would not be in the case of single payer.

    Richard Epstein on the Third Day of ObamaCare Hearings

    Saturday, March 31st, 2012

    I don’t usually link to long audio snippets like this one. But this 19 minutes interview of Richard Epstein is so chock-full of concise and articulate reasons why ObamaCare is unconstitutional that I recommend anyone interested in the subject listen to it in its entirety.

    Interview With Mario Loyola on the Constitutionality of ObamaCare

    Tuesday, March 27th, 2012

    Given his background as both Solicitor General and a former fellow at the Texas Public Policy Foundation‘s Center for Tenth Amendment Studies, I was hoping to provide a mini-interview with Ted Cruz on the constitutional issues surrounding ObamaCare, but so far he has been too busy on the campaign trail to get back with answers. Fortunately, the current TPPF Center for Tenth Amendment Studies Director (and frequent National Review contributor) Mario Loyola was able to step up and answer some of the same questions.

    My questions are in italics.


    1. In the ObamaCare case the Supreme Court agreed to review, Florida vs. U.S. Health Department, Judge Roger Vinson ruled both that the individual mandate was not constitutional, and that ObamaCare was not severable, i.e. if any part of the law was ruled unconstitutional, all of it was unconstitutional. The 11th Circuit agreed that the individual mandate was unconstitutional but partially reversed Vinson by saying that it was severable from the rest of ObamaCare. Are the various clauses of ObamaCare severable, and have the courts previously ruled on the severability of law where no such severability was enumerated in the original statute?

    The chief modern Supreme Court case on severability is Alaska Airlines v. Brock (1987), which held that when one part of a law is found to be unconstitutional, the remainder will be upheld if (1) it will be “fully operative” as a law, unless (2) it is evident that Congress would not have enacted the remainder without the invalid part. In our Supreme Court amicus curiae brief on this issue, we argue that the Court should conduct a thorough analysis of statutory interactions, in order to understand how the insurance “reforms,” Medicaid expansion, and premium subsidies (essentially, Titles I and II of the ACA) were all interrelated with the individual mandate in the original legislative bargain. Without the mandate, these other provisions will not function as Congress intended and would never have passed.

    For example, at the heart of the ACA is its provision for “guaranteed issue” of health insurance, which requires health insurance companies to provide insurance for all applicants regardless of health status. In a pure “guaranteed issue” scenario, healthy people have an overwhelming incentive to drop their health insurance and wait until they are sick to get it. As healthy people leave the rolls, the per-unit cost of insuring the remaining pool of (riskier) insured rises, which pushes premiums up, which in turn drives more healthy people off the rolls. In the end, the only people who enroll are those who are actually sick, such that premiums approach the actual cost of health care. Under such a scenario, the insurance industry eventually collapses. The mandate is designed to prevent this adverse selection spiral by forcing everyone to have health insurance. Without the mandate, the insurance reforms won’t function as intended, and the resulting law is one that Congress never would have passed.

    2. Do recent cases like U.S. vs. Lopez and Seminole Tribe vs. Florida indicate that the Roberts Supreme Court has retreated from the high water mark of expansive interpretation of the Commerce Claus in Wickard vs. Filburn?

    Lopez punctured the common perception after Wickard that Congress could regulate whatever it wanted. But Lopez unfortunately embraced the logic of Wickard, and thus did little to restore the pre-New Deal balance. Lopez stands for little more than the nearly naked assertion that the commerce power must have some limit, and even that modest proposition is almost impossible to square with Wickard.

    The difficulty for the Court here is that Wickard’s central doctrine – that Congress can regulate purely intrastate or non-commercial activity so long as it has “substantial effects” on interstate commerce – has no logical stopping point. If the federal government can regulate any class of activity with a “substantial effect” on interstate commerce, it can regulate virtually all activity. The Supreme Court is unlikely to use this case as an opportunity to overturn Wickard, but it shouldn’t extend such a flawed precedent into the wholly unprecedented arena of forcing individuals to engage in certain activities in order to conscript them into the service of a federal regulatory scheme.

    3. From at least Lopez onward, Justice Clarence Thomas has been one of the leading voice for both constitutional originalism in general, and of a less expansive reading of the Commerce Claus in specific. Do you think his arguments have influenced judicial thinking in general, and his fellow Supreme Court justices specifically?

    Justice Thomas has been the most consistent of the justices in adhering to originalism as a method of interpreting the Constitution. If you look at Jan Crawford Greenberg’s book Supreme Conflict, it’s clear that Thomas’ convictions have affected the other justices, particularly the other justices among the Court’s so-called conservative block.

    4. Justice Anthony Kennedy is often considered the “swing vote” on the Supreme Court. Do you think Kennedy is receptive to constitutional originalism in general or a less expansive interpretation of the Commerce Claus specifically?

    The important thing to understand about Justice Kennedy here is that he is at heart a federalist. He is very concerned about maintaining the Constitution’s system of dual sovereignty and is skeptical of federal actions that encroach on traditional state prerogatives. You can see this in his concurrence in Lopez, as well as in his other writings. As Justice Kennedy notes in Lopez, democracy can only function if elected representatives are accountable to the people. When the federal government impinges upon areas that have been traditionally left to the states, this undermines democratic accountability by clouding the issue of who is ultimately responsible for a given law.


    Thanks to Mr. Loyola (and to TPPF) for taking the time out of his busy schedule to answer these questions. Yesterday I linked to his primer on the issues. Here’s Loyola, Richard Epstein, and Ilya Shapiro (talk about your legal power trios!) on why the individual mandate is not severable from the rest of ObamaCare.

    First Day of ObamaCare Arguments Roundup

    Monday, March 26th, 2012

    Today was the first day of oral arguments over ObamaCare at the Supreme Court. Here’s a roundup of some of the coverage:

  • TPFF offers up a nice primer on the issues involved.
  • Speaking of TPFF, here’s newly hired Senior Fellow Richard Epstein on why ObamaCare is unconstitutional. (And more on the same theme.)
  • NPR offers a transcript of the hearings. Unless you are well versed in the intricacies of the Anti-Injunction Act (I am not), it’s like reading a brief on the finer points of an angel’s pin-leasing agreement.
  • In light of that, here’s a lay summary.
  • The Wall Street Journal‘s writeup.
  • Avik Roy offers a preview of arguments.
  • Ann Althouse notices the amazing flexibility of ObamaCare: sometimes it’s a tax, and sometimes it’s not!
  • Even Howard Dean thinks the individual mandate will be ruled unconstitutional.
  • Savingourhealthcare.org on why ObamaCare is a bad idea.
  • The giant C-SPAN ObamaCare archive.
  • NRO’s Condition Critical put up a live blog.
  • Blogroll Addition: The Texas Public Policy Foundation

    Monday, March 26th, 2012

    Today I added The Texas Public Policy Foundation to the blogroll. TPPF is the leading Texas think tank on both state and national issues, including the budget, education, and ObamaCare. Take, for example, this piece by Mario Loyola explaining why the individual mandate cannot be separated from the rest of ObamaCare.

    In addition to Loyola, TPPF has snagged an impressive array of fellows, including Richard Epstein, Arthur Laffer, and William Murchison, among many others. (Current Texas Senate candidate Ted Cruz also worked at their Center for Tenth Amendment Studies.)

    If you care about the deeper implications of today’s policy controversies, the work TPPF is producing is well worth your time and attention.

    Texas Public Policy Foundation Snags Richard Epstein

    Friday, March 9th, 2012

    The Texas Public Policy Foundation announced that legal scholar Richard A. Epstein was joining them as a Senior Fellow at the Foundation’s Center for Tenth Amendment Studies.

    That’s a terrific pickup for them. Epstein is on a very short list of the very most important conservative legal scholars in the country. His book Takings (which, I must confess, I still haven’t read) is widely regarded as the most comprehensive legal exegesis of why the New Deal is unconstitutional. I think Epstein (like Mario Loyola and Ted Cruz) will find the Center for Tenth Amendment Studies an ideal place to further his research.

    Congratulations to TPPF for a very solid addition to their already impressive array of scholars.

    Richard Epstein says Reid’s ObamaCare Bill is Unconstitutional

    Monday, December 21st, 2009

    Noted Constitutional law scholar Richard A. Epstein says Harry Reid’s ObamaCare bill is unconstitutional.

    “The Supreme Court’s basic constitutional requirement is that any firm in a regulated market be allowed to recover a risk-adjusted competitive rate of return on its accumulated capital investment. See Duquesne Light Co. v. Barasch, 488 U.S. 299 (1988).

    “The Reid Bill emphatically fails this test by imposing sharp limitations on the ability of health-insurance companies to raise fees or exclude coverage. Moreover, the Reid Bill forces on these regulated firms onerous new obligations that they will not be able to fund from their various revenue sources. The squeeze between the constricted revenue sources allowable under the Reid Bill and the extensive new legal obligations it imposes is likely to result in massive cash crunch that could drive the firms that serve the individual and small-group health-insurance markets into bankruptcy.”

    I’m not even remotely enough of a Constitutional Law scholar to know if his argument is correction, but Epstein is certainly one of the heavy-hitters in that field, and his book Takings is is one of the most important works on the subject of the federal government exceeding its constitutional power in the last quarter century. And he actually appears to have read the bill, which probably puts him one up on, oh, more than half the Senators voting on it…