The Waxman-Markey bill, currently under consideration by several House committees, would impose a huge energy tax on the American people in the name of combating the scientifically unproven global warming threat. The Heritage Foundation estimates the average household will have to pay an extra $1,500 per year for gas and electricity while the Congressional Budget Office (CBO) puts that number at about $1,600.
That is why congressional Democrats and liberal advocates are trying to avoid this unpleasant fact by simply not admitting that the Waxman-Markey bill is a tax increase. They understand that if the public perceives this legislation for what it is - an energy tax - then it will fail.
Eugene Isenberg, Chairman and CEO of Nabors Industries, is smiling in the photo at right but he wasn’t happy when I questioned him at the company’s annual meeting in Houston on Tuesday, June 2.
Isenberg’s controversial $1 million pledge to the so-called Charles B. Rangel Center for Public Service at the City College of New York came at a time when Rangel helped preserve a loophole that allowed Nabors to save tens of millions in taxes after moving to the Bahamas. These facts were first reported in the New York Times in an article by David Kocieniewski in late 2008.
Under my questioning, Isenberg again denied any quid pro quo. He also denied that there was any “understanding” or a “wink and a nod.” He would not even concede an appearance problem.
On May 22, the House Ethics Committee asked NLPC if to provide photographs, audio recordings and other materials related to a trip to the sunny Caribbean island of St. Maarten in November 2008 by the following five House members: Charles Rangel (D-NY), Donald Payne (D-NJ), Sheila Jackson-Lee (D-TX), Carolyn Cheeks Kilpatrick (D-MI), Bennie Thompson (D-MS) and Donna Christensen (D-VI).
I was present in St. Maarten, where I documented violations of House Rules that prohibit corporate sponsorship of travel and hospitality.
When I inquired whether this matter was under investigation, I was told that House Rules prevented the Committee from confirming an investigation. We provided the material on May 29 along with a formal request for an investigation.
At her press conference last week, House Speaker Nancy Pelosi stated that she had learned of waterboarding in 2003, contradicting her earlier claims. Pelosi’s lie is getting the attention it deserves, but getting less attention is her remarkable explanations for her actions. At several points, she stated that her goal was to elect a Democratic Congress and a new president. She seemed to plead with the reporters to understand that torture was most important as an issue with which to defeat Republicans.
Well then, if the torture issue is a political weapon, and its actual practice is of secondary concern, we must ask the question about Pelosi’s sincerity when it comes to Congressional ethics. After all, she promised to “drain the swamp.” Democrats have a majority in large part because of the ethics issue.
House Ways and Means Chairman Charles Rangel (D-NY) is all for Barack Obama’s proposal to tax the income of subsidiaries of American companies earned abroad. Bloomberg quoted Rangel as saying:
Our tax code should reward companies that thrive by continuing to invest in America and American workers. I applaud President Obama’s commitment to simplifying our tax code and look forward to working with the administration to close these loopholes.
Does this mean Charlie will refund the $200,000 (of a million dollar pledge) he’s received from Bermuda-based Nabors Industries, formerly of Houston? It would only be fair.
Despite promises by House Speaker Nancy Pelosi (D-CA) of rigorous enforcement of House ethics rules, the top staff position on the Ethics Committee stayed vacant for eight months. Now the Committee has hired Blake Chisam (photo at right), who was already a staffer for Ethics Committee Chairwoman Zoe Lofgren (D-CA), and a member of the search committee that selected him.
Isabel Vincent of the New York Postreported yesterday:
According to his latest disclosure statements, Chisam owes up to $300,000 in student loans and filed for bankruptcy in 2000 in Pennsylvania and 2001 in Georgia.
The Post continued:
Ken Boehm, of the watchdog National Legal and Policy Center was quick to rip the eyebrow-raising pick.
“No wonder the House Ethics Committee is considered something of a joke," Boehm said. “Despite having to investigate…a powerful congressman like Charlie Rangel, [it] goes many months without a staff director and then picks a partisan staffer of its chairwoman.”
Submitted by NLPC Staff on Fri, 03/20/2009 - 15:35
Rep. Charles Rangel (D-NY) would seem an unlikely point man for the legislation passed by the House yesterday imposing a 90% tax on any bonuses given to employees with family incomes of more than $250,000 at firms that received more than $5 billion in bailout funds.
As exposed by NLPC, Rangel failed to pay federal income tax on rent received from his beachfront home in the Dominican Republic, and cheated on his D.C. property tax by improperly claiming a homestead exemption. Also, Rangel led a Citigroup-funded Caribbean junket last November that violated House rules.