ISSA TO HAUL LERNER BACK BEFORE COMMITTEE

House Oversight and Government Reform Committee Chairman Darrell Issa said embattled IRS official Lois Lerner waived her Fifth Amendment rights and will be hauled back to appear before his panel again.

The California Republican said Lerner’s Fifth Amendment right to avoid self-incrimination was voided when she gave an opening statement this morning denying any wrongdoing and professing pride in her government service.

“When I asked her her questions from the very beginning, [...]

U.S. Administration Looks To Cut Iran’s Access To Gold …kinda betrays the hilarious claim gold is not MONEY

With Iran’s currency already hit hard by European and Asian participation in the U.S.-led embargo of Iranian crude, Mr. Cohen asserted that his staff is broadening its efforts to include blocking the movement of pure gold into the Islamic republic.

“I can assure you that we are looking very, very carefully at any evidence that anyone outside Iran is selling gold to Iran,” he said.

The remark came after Rep. Edward R. [...]

Petrodollar OUT, Petrogold IN: Why the US wants war with Iran so bad.

Quick Factoids:

—-> US dollar is based on oil
—-> US must maintain it’s hegemony or the US dollar collapses
—-> US now coming clean on this fact

According to Zerohedge, news now coming out (confirming what I’ve long suspected) that our interests in going to war with Iran are really all about protecting the dying dollar.

BRICS is a real threat and Iran is a huge chink in the armor.

Dollar going down folks… it’s [...]

HOUSE VOTES HOLDER IN CONTEMPT

Watch it live on cspan

http://www.c-span.org/Live-Video/C-SPAN/

Breakdown of the votes:

Party & Ayes & Noes & PRES & NV
Republican & 238 &2 & & 1
Democratic & 17 & 65 & 1 & 108
Independent &
TOTALS & 255 & 67 & 1 & 109

Final vote results: http://clerk.house.gov/evs/2012/roll441.xml

 

 

The House on Thursday cited Attorney General Eric H. Holder Jr. for contempt of Congress in a historic vote weighted with political significance, though it does little to break the stalemate over his decision [...]

Issa letter to Obama challenges executive privilege

By NBC’s Kelly O’Donnell

NBC News has obtained a copy of a seven-page letter from House Oversight Chairman Darrell Issa to Barack Obama that raises the stakes in the stand-off between Congress and the attorney general.

In the letter, Issa challenges the president’s assertion of executive privilege over documents sought by the committee in the “Operation Fast & Furious” investigation.

Issa requests the president provide a formal, legal justification for the privilege claim and a list of [...]

Romney warns economy is on ‘path of California’

Republican presidential candidate Mitt Romney returned to his economic message on Friday, highlighting a “bridge to nowhere” rebuilt by stimulus money and warning the U.S. economy could suffer a fiscal crisis like California’s if he is not elected in November.

Rising in the polls this week, Romney is eager to follow through by hammering at the White House’s handling of the weak economy.

He used the backdrop of a 1860s-era bridge in [...]

Republicans prepare contempt citation against Holder

(CBS News) — House Republicans investigating the Fast and Furious scandal plan to pursue a contempt citation against Attorney General Eric Holder, senior congressional aides told CBS News.

The resolution will accuse Holder and his Justice Department of obstructing the congressional probe into the allegations that the government let thousands of weapons fall into the hands of Mexican drug cartels.

The citation would attempt to force Holder to turn over tens of [...]

SHOWDOWN: Issa threatens Eric Holder with contempt

House Oversight Committee Chairman Darrell Issa (R-Calif.) threatened Tuesday to hold Attorney General Eric Holder in contempt of Congress if the Justice Department did not provide certain documents in response to the committee’s subpoena.

In a letter to Holder, Issa wrote that “this Committee will have no alternative but to move forward with proceedings to hold you in contempt of Congress” if Holder and the DOJ didn’t produce documents they demanded relating to the Fast and Furious [...]

Post Office ‘Needs to Cut 260,000 Jobs’

From CNBC:

The U.S. Postal Service needs to slash 260,000 jobs and end weekend delivery if it is to climb out of its “financially insolvent” condition, Rep. Darrell Issa said.

Despite a mandate to avoid deficits, the post office loses up to $15 billion a year, Issa told CNBC during an informal gathering of senior House Oversight and Government Reform Committee members.

“It’s a combination of delivering what people want at a price [...]

Congress Gets Richer

Congress: The rich get richer

“Members of Congress had a collective net worth of more than $2 billion in 2010, a nearly 25 percent increase over the 2008 total, according to a Roll Call analysis of Members’ financial disclosure forms,” Roll Call writes. “Nearly 90 percent of that increase is concentrated in the 50 richest Members of Congress.” Among the richest, Reps. Mike McCaul (worth at least $294 million) and Darrell [...]

Issa Issues Subpoena to Holder in Fast and Furious Investigation (BREAKING)

Rep. Darrell Issa, chairman of the House Oversight and Government Reform Committee, sent a subpoena Wednesday to Attorney General Eric Holder as part of his investigation into the gun trafficking operation known as “Fast and Furious.” “Top Justice Department officials, including Attorney General Holder, know more about Operation Fast and Furious than they have publicly acknowledged,” the California Republican said in a statement. “The [...]

Boehner: ‘Dangerous’ for Congress to punish China over currency value

House Speaker John A. Boehner on Tuesday warned it would be “dangerous” for Congress to try to pass a law punishing China over its currency value, throwing a roadblock in front of senators who are moving quickly to pass a bill to do just that.

Mr. Boehner said he is concerned that China may be manipulating the value of the yuan, but threw cold water on the idea that Congress is [...]

REPORT: Budget cuts would hollow out military

Washington Times

A new congressional report spells out in detail how the military would become “hollow” if Congress´ supercommittee fails to agree on deficit reductions, triggering $1.2 trillion in automatic spending cuts.

The Army and Marine Corps would lose 200,000 troops, bringing active strength “well below” pre-Sept. 11, 2001, levels, and the armed forces would not be able to carry out its essential mission, says a 14-page analysis by the [...]

Issa: Obama admin intimidating witnesses in ATF probe

Rep. Darrell E. Issa, California Republican, suspects an effort by the Obama administration to intimidate witnesses from testifying before his House committee regarding the “Fast and Furious” ATF cross-border firearms investigation. (Rod Lamkey Jr./The Washington Times)

The Obama administration sought to intimidate witnesses into not testifying to Congress on Tuesday about whether ATF knowingly allowed weapons, including assault rifles, to be “walked” into Mexico, the chairman of a House committee investigating [...]

Issa seeks DNC records of White Hou$e meeting

By JOSH GERSTEIN & JAKE SHERMAN

House Oversight Committee Chairman Darrell Issa now has the Democratic National Committee in his sights as he probes what he has called “potentially illegal fundraising activities within the White House.”

The California Republican sent a letter Wednesday to DNC Executive Director Patrick Gaspard demanding all DNC records, including invitation lists and RSVPs, relating to a policy discussion President Barack Obama held [...]

Issa investigates DNC donor meeting in WH

House Oversight Committee Chairman Darrell Issa is probing what he sees as signs of an unseemly overlap between President Barack Obama’s official and political activities.

In what could be considered the committee’s sharpest probe to date of the White House, Issa sent a letter to Obama’s top lawyer Monday evening asking for a slew of documents relating to what the California Republican termed as “an array of [...]