“No one will know until this is actually in place how it works. But we believe we’ve done something that has been needed for a long time. It took a crisis to bring us to the point where we could actually get this job done.”
That's right, Senator Dodd - never let a good crisis go to waste! His rhetoric about not knowing how it works is chilling on two levels. First, if Dodd -one of the alleged co-authors of the bill - doesn't even know how it works, we're really screwed. Second, we've heard that "we'll know when it's passed" line before:
For those not up on the latest ObamaCare outrage, the rationing has begun.
As for FinReg (aka the Frank-n-Dodd law), the first victim to be revealed is a key one - transparency. The FinReg allows the SEC to ignore FOIA requests from the public. This is hardly surprising in a bill whose details would not be released until after it's passage, from an administration that touts transparency but doesn't seem to know what the term really means. Remember the five day rule? How about posting bills for 72 hours online before a vote? Remember how that turned out? How about the transparency of Obama's appointed officials - oh, wait, czars don't need vetting or congressional approval.
None of these things bode well for the country, but many of them can be fobbed off with some lame excuse or another from Media Matters. The neo-pravda media certainly won't pursue them, and in the progressive world, if the press doen't think it is important, it must not be.
However, Obama's recent transfer of "ethics czar" Norm Eisen to an ambassadorship in the Czech Republic and scrapping the position altogether seems to be the final nail in the transparency coffin. Most of the duties Eisen performed are being shunted off on White House Counsel Bob Bauer, a hyperpartisan lawyer who, in 2006 blogged (via the Washington Examiner):
"disclosure is a mostly unquestioned virtue deserving to be questioned." This is the man the White House has put in charge of making this the most open White House ever.Ah, transparency - why bother regulating something and keeping an eye on things to keep people honest - they're just going to eventually find a way around it anyway!
Most telling might have been Bauer's statements about proposed regulations of 527 organizations: "If it's not done with 527 activity as we have seen, it will be done in other ways," he told the Senate rules committee.
"There are other directions, to be sure, that people are actively considering as we speak. Without tipping my hand or those of others who are professionally creative, the money will find an outlet."
After all, this is the White House that is circumventing White House visitor logs by simply meeting with lobbyists and other special interests at the coffee shop across the street. When you add in the neo-pravda media's tendencies to pander and obfuscate for their chosen party, there is most certainly a serious problem brewing.
There has been a disturbing trend developing with Pelosi, Obama and Reid - it seems that whatever they claim, the exact opposite is generally true. So far, Obama's eliminating the position of transparency czar, and thus the pretense of transparency, is the truest thing this administration has done so far.