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« on: December 02, 2017, 04:28:26 PM » |
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________________________________________ The Patriot Post Digest 12-1-2017 From The Federalist Patriot Free Email Subscription ________________________________________
The Patriot Post® · Mid-Day Digest
Dec. 1, 2017 · https://patriotpost.us/digests/52702
IN TODAY’S EDITION
Kate Steinle’s illegal alien killer acquitted on almost all charges. Don’t worry about tax revenue; worry about federal spending. What is the Consumer Financial Protection Bureau, anyway? The child tax credit is imperfect, but it can make a big difference for families. Is Rex Tillerson on his way out? It sure looks that way. Plus our Daily Features: Top Headlines, Memes, Cartoons, Columnists and Short Cuts.
THE FOUNDATION
“Where there is no law, there is no liberty; and nothing deserves the name of law but that which is certain and universal in its operation upon all the members of the community.” —Benjamin Rush (1788.)
IN BRIEF
Kate Steinle’s Killer Finds ‘Sanctuary’ Again1
By Nate Jackson
On July 1, 2015, Kate Steinle and her father were strolling along a San Francisco pier when she was shot in the back, dying in her father’s arms. She was shot by Jose Ines Garcia Zarate (formerly known as Francisco Sanchez), an illegal alien (or just an “immigrant” in the parlance of The New York Times2). Zarate claims he picked up a gun off the ground — a gun that had been stolen from a federal officer a few days earlier — and that it “accidentally discharged.” His case was aided by a ballistics report showing the bullet ricocheted off the pavement before striking Steinle. The jury acquitted him of all counts except for felony possession of a weapon. “Not guilty” of the second-degree murder charge is understandable if ballistics were accurate, but how could the jury not settle on even involuntary manslaughter?
The Justice Department is now considering3 federal charges.
Zarate was a known serial offender. He had seven felony convictions and five deportations on his record already (he’ll be deported again now), but he chose San Francisco because it is a sanctuary city4. In fact, The Washington Post reports5, before killing Steinle, Zarate “had been released from jail, where he was being held on a drug charge, even though federal immigration authorities had sought to detain him.”
None of his previous record was allowed in testimony or jury deliberation.
President Donald Trump correctly declared, “A disgraceful verdict in the Kate Steinle case! No wonder the people of our Country are so angry with Illegal Immigration.”
“Sanctuary” is defined as “a place of refuge or safety,” but leftists have perverted it to mean “a hiding place for illegals.” Those policies threaten the safety and lives of law-abiding citizens. If existing immigration laws were enforced, this repeat criminal never would have been in the U.S., and Kate Steinle would still be alive, walking with her father on that same pier.
‘Revenue Triggers’ and Tax Cuts6
On Thursday, the Joint Committee on Taxation (JCT) released its analysis of the Senate GOP’s tax reform bill. JCT estimates that the tax cut’s economic growth will only offset the government’s revenue loss by $400 billion and therefore the bill will add $1 trillion to the deficit over 10 years. While this news is a setback for the Republicans claiming that the bill would pay for itself, it really should have surprised no one that cutting taxes without cutting spending can only increase debt. That said, let’s put this in context: Republicans propose cutting taxes — i.e., letting you keep more of your money — thus adding $1 trillion to the deficit over the next decade, while Barack Obama kept and spent more of your money, adding more than $1 trillion per year to the deficit and $10 trillion over his eight years in office.
Concerns over the deficit had some Republicans (ahem, Bob Corker) proposing the idea of adding a “revenue trigger” to the bill should economic growth fail to significantly offset revenue loss. The measure would have triggered tax hikes on corporations, gradually increasing from the new 20% rate over the next several years. However, the proposal was nixed due to Senate parliamentarian rules. Honestly, any revenue trigger proposal should be aimed at curbing government spending, not increasing taxes. As Ronald Reagan so astutely observed, “The problem is not that people are taxed too little, the problem is that government spends too much.”
To illustrate Reagan’s point, keep in mind that, over the next 10 years, the federal government will rake in north of $40 trillion in revenue. The GOP is proposal is to confiscate $1 trillion less over that span.
Meanwhile, the Senate is planning to vote on the bill Monday, and with Sen. John McCain (R-AZ) having thrown his support behind the legislation, hopes are high that it will pass. President Donald Trump and congressional Republicans are banking on a big win.
Top Headlines7
Michael Flynn, Trump’s ex-national security adviser, pleads guilty to lying to the FBI (CNBC8.)
White House plans Tillerson ouster from State Dept., to be replaced by Pompeo (The New York Times9)
Matt Lauer wants $30 million from NBC after his firing for sexual harassment (Fox News10)
Congress secretly paid nearly $100,000 to settle harassment claims against disgraced congressman (ABC News11)
Want to end sexual harassment? AG hopeful says “elect candidate who doesn’t have a gotcha10” (CBS Detroit12)
CNN fires senior producer on Jake Tapper show for inappropriate behavior (USA Today13)
Abortion issue powerful enough to swing Senate race in Alabama (The Washington Times14)
Gun background check improvement bill passes House committee (The Washington Free Beacon15)
Pharmacy giant to buy health insurance giant — what could go wrong? (Reuters16)
Trump donates salary to HHS to combat opioid crisis (CNS News17)
Policy: Four misleading arguments against the tax reform bills (Manhattan Institute18.)
Policy: Recommendations for a future National Defense Strategy (American Enterprise Institute19)
For more of today’s news, visit Patriot Headline Report20.
FEATURED ANALYSIS What Is the Consumer Financial Protection Bureau?21
By Brian Mark Weber
When Leandra English walked in to work as the new director of the Consumer Financial Protection Bureau (CFPB) earlier this week, there was one little problem: President Donald Trump had already appointed his Office of Management and Budget director, Mick Mulvaney, to head the Obama-era regulatory agency. There were two bosses, but only one had the constitutional authority to pick up the reins of power, and it wasn’t English.
It’s hard to blame English for assuming her role. After all, the CFPB was populated with strong supporters of the biggest names in the Democrat Party. So when her outgoing boss, Richard Cordray, handed over the keys, English probably didn’t give a moment’s thought to the separation of powers or that pesky old Constitution.
Moreover, she had the support22 of none other than House Minority Leader Nancy Pelosi, who incorrectly tweeted that English is the “rightful Acting Director.” Well, before President Trump stepped in, the CFPB could do just about anything its director wanted — such as appointing his own replacement.
Let’s take a moment to see what the CFPB is all about, and why a seemingly simple appointment is such a big deal.
As noted23 by PBS, “The agency was created under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, commonly known as Dodd-Frank. The idea for a financial watchdog agency came from Sen. Elizabeth Warren, D-Mass., a Harvard Law School professor at the time. Warren first proposed creating the agency in 2007 as a way to better regulate mortgages, student loans, and other financial products.”
Sounds innocent enough doesn’t it? The problem is that government “watchdog” agencies rarely do anything other than empower politicians on Capitol Hill to regulate and control our lives (and thereby empower themselves). Throughout our country’s history, multi-member boards were in charge of agencies in order to diffuse power. That changed when Barack Obama created the CFPB.
How much power does the director of CFPB really have? The Washington Post explains24, “The Director of the CFPB possesses enormous power over American business, American consumers, and the overall U.S. economy. The Director unilaterally enforces 19 federal consumer protection statutes, covering everything from home finance to student loans to credit cards to banking practices. The Director alone decides what rules to issue; how to enforce, when to enforce, and against whom to enforce the law; and what sanctions and penalties to impose on violators of the law.”
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