Posted by – June 17, 2011
David Brooks of the New York Times writes that the Fannie Mae scandal is the most important political scandal since Watergate. It helped sink the American economy. It has cost taxpayers about $153 billion, so far. It indicts patterns of behavior that are considered normal and respectable in Washington.
Newsweek and the Daily Beast report that the financial disclosure report Rep. Paul Ryan filed with Congress last month and made public this week shows he and his wife, Janna, own stakes in four family companies that lease land in Texas and Oklahoma to the very energy companies that benefit from the tax subsidies in Ryan’s budget plan.
Buzz Bissinger writes that LeBron James does not deserve to be the most hated athlete in America.
Since Republicans are charged with drawing congressional maps in many key states, ranging from North Carolina to Ohio, Democrats needed to make Illinois count if the party expected to make up for expected redistricting losses elsewhere. Politico reports that appears to be the case.
Just seven months ago, Republicans were euphoric over the capture of four seats in a blue state dominated by Democrats for decades. Now, with the new map expected to be signed into law by Democratic Gov. Pat Quinn, they’re staring at the prospect of losing every one of them and more — a handful of promising freshmen and maybe even a veteran congressman, too.
Among those expected to be vulnerable are first-termer Bobby Schilling in the 17th District. Things might have played out differently had Republican Bill Brady not tried to coast to the finish line in last year’s gubernatorial race, apparently figuring he could ride the GOP wave into the governor’s mansion.