Issa's big dud: No White House connection to IRS 'scandal' - LA Times
Here's the bottom:
...Contrary to his assertions in countless appearances on Fox News, there's no evidence that the Obama White House directed -- or indeed was involved in any way -- in the supposed targeting of conservative nonprofit groups for special scrutiny by the IRS. There's no evidence that "tea party" groups were exclusively targeted, as opposed to tax-exempt "social welfare" organizations from across the political spectrum.
The evidence set forth in the report, which was issued by the House Committee on Oversight and Government Reform's GOP majority without sharing it first with the Democratic minority, instead depicts an IRS struggling to apply complicated rules for nonprofits engaging in political activity, all without guidance from Congress.
"Of the applications that received additional scrutiny, only seven contained the word 'progress' or 'progressive,' all of which were subsequently approved by the IRS, while Tea Party groups received unprecedented review and experienced years-long delays."
You can't fully parse these words without a footnote, so here it is: No tea party groups were denied approval. In fact, only one c-4 organization lost its tax exemption because of this scrutiny -- the progressive group Emerge America, which trains Democratic women to run for office.
One point that the Issa report fails to make is that the investigation undoubtedly succeeded in its ulterior purpose, which was to hamstring the IRS in pursuing its statutory duties and undermined its already flagging reputation. Aggressive enforcement of the 501(c)4 standards is off the table. In the year-end spending bill passed this month, the agency's budget was gutted -- cut by $356 million from last year, $1.5 billion below the administration's request.
Nancy Pelosi said: “We have to pass it, to find out what’s in it.” A Doctor called to a radio show & said: "That's the definition of a stool sample"
"Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket," Barack Obama January 2008
I do too...but the narrative that Obama is using this to target only X is ridiculous. The issue is that the Dept of Justice is using means to shutdown otherwise "legal" business operations. Of course, most of these operations occur in a very grey area (prostitution is illegal but escort services are legal) but I think it should be ended. I know it's a novel concept but how about Issis and Republicans in the House actually stay on topic regarding the issue instead of trying to turn this into another highly political dog and pony show?I kinda have a problem with that level of government interference, hampering and hindering of legally conducted businesses.
Call it silly if you like, but there's a principal in jeopardy here.
“Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes
Corporations aren't posting record profits because they're selling more of their widgets.
They're posting record profits because they're increasing productivity.
What their DOING with those profits is whats relevant. They're using them to buy back outstanding sgare and NOT investing in a Obama economy.