James Madison

Mitt Romney’s Investment In American Financial Institutions: Not Preferred Over Bermuda, Cayman Islands, And Switzerland

Mitt Romney, the former Massachusetts Governor, would be, by latest estimate, the FOURTH wealthiest President if he was elected, just behind George Washington, Herbert Hoover, and Thomas Jefferson, and ahead of John F. Kennedy, Andrew Jackson, Theodore Roosevelt, Zachary Taylor, Franklin D. Roosevelt, Lyndon B. Johnson, and James Madison.

Romney would have twice as much wealth (at about $250 million) than the last eight Presidents combined, from Richard Nixon to Barack Obama. And over time, he could be worth more than the three Presidents ahead of him, and become historically the wealthiest President ever!

And we have now learned that Mitt Romney pays only 13.9 percent of the wealth he has gained by investment, rather than by working, and that he has large amounts of money invested outside the United States, notably in Bermuda, the Cayman Islands, and in Swiss banks.

So while he wishes to promote American economic recovery, he is, apparently, not willing to keep his investments in America!

This could become a major issue in the Presidential campaign of 2012!

Political Attacks On First Ladies: Nothing New!

The new book that claims that First Lady Michelle Obama has had problems with White House staff, that she interferes with their agenda in defense of her husband, has led to denials by her, and bitter attacks by conservative media.

Is criticism of the First Lady, whoever she is, anything new? History tells us otherwise.

First Lady Dolly Madison was always more outspoken in all ways than her taciturn husband, James Madison. She was known as the “party giver”, but that included her willingness to speak her mind!

First Lady Mary Lincoln was controversial over her expenditures, her clothes, and her mouth, and came under a lot of political attacks during the Civil War, including the fact that her brothers were part of the enemy, fighting for the Confederacy against the American government led by Abraham Lincoln.

Lucy Hayes came to be known as “Lemonade Lucy”, due to the fact that she prevented the serving of liquor at White House gatherings, and believed in women’s rights, including the right to vote, and spoke her mind regularly, causing problems therefore for her husband, Rutherford Hayes.

Edith Bolling Galt Wilson, the second Mrs. Wilson, led cabinet meetings after Woodrow Wilson suffered a stroke in 1919, and often was considered the “first woman President” during his last 18 months in office.

Eleanor Roosevelt, wife of Franklin D. Roosevelt, was the most controversial First Lady, speaking up regularly on all kinds of issues and topics, and labeled by her critics as a Communist and a Socialist. After her husband died, she remained part of the political controversies in the era of McCarthyism and the Cold War, always speaking her mind and being a political activist.

Betty Ford became a lightning rod under President Gerald Ford, speaking out as a feminist for the Equal Rights Amendment, and endorsing abortion rights, and speaking about her alcohol and breast cancer problems openly.

Rosalyn Carter attended cabinet meeting of her husband, Jimmy Carter, and also spoke out for feminist causes openly.

Nancy Reagan was criticized for her spending on White House China, and defended her husband, Ronald Reagan, against his own White House Chief of Staff, Donald Regan, who she was able to arrange to fire. She had no problem stating that she was there to help and defend her husband.

Hillary Clinton was the most involved and outspoken First Lady since Eleanor Roosevelt, and became a lightning rod particularly when she promoted a failed health care plan in the first term of Bill Clinton.

And now, Michelle Obama is making clear that she is there as an advocate of her husband, while claiming no problem in getting along with the White House staff.

So this is all nothing new!

The “Learned” Presidents: Men Of Great Intellect!

In today’s America, we see glorification of presidential candidates who comes across as lacking in knowledge and insights, people who represent ignorance of history and science, who are seen as the “average American”, as if that is what we need in the White House! What else explains Sarah Palin, Michele Bachmann, Rick Perry, Rick Santorum and others who are constantly displaying their lack of intellect?

In the past, we had our share of ignorant Presidents, but we also had a great number of “learned” Presidents, one out of three, who made the office proud with their intellect and insights. It did not, of course, guarantee success in all of their activities as President, but we could feel satisfied that we had brilliant men who represented a model of what America should strive for: intellectual curiosity and inquiry and desire for learning, something looked down upon today, a very regrettable development.

So who are the “learned” Presidents?

John Adams
Thomas Jefferson
James Madison
John Quincy Adams
James Garfield (more potentially, because of assassination within months of taking the oath of office)
Theodore Roosevelt
William Howard Taft
Woodrow Wilson
Herbert Hoover
Richard Nixon
Jimmy Carter
Bill Clinton
Barack Obama

The debate about the connection between intellect and success will go on, as it is well known that there is considerable debate about the effectiveness and success of Madison, Taft, Hoover, Nixon, and Carter, at the least. And many would debate Wilson and Clinton as well.

But this list demonstrates, if nothing else, that we have some “scholars” in the White House, and that we should want the “best and the brightest” in the Oval Office, to set a model for the nation and its future!

The Month Of August: A Crisis Month In History For The American Presidency!

Now that we have seen the month of August slip into history, it is worthwhile to look back and notice how significant the month is in Presidential history, how it is often a crisis month!

Examples include:

August 24, 1814–Great Britain invaded and burned the nation’s capitol, Washington, DC during the War of 1812, sending President James Madison and Congress fleeing to nearby Baltimore. This was the only invasion of American territory until Pearl Harbor in 1941.

August 4, 1914–World War I began in full swing, as all of the major European powers had finally declared war a week after the initial declaration. This alarmed President Woodrow Wilson issued a declaration that the United States would remain “neutral in thought, as well as action”, a statement which could not be upheld as the war progressed into a long term stalemate, leading to US entrance in 1917.

August 6 and 9, 1945–Newly inaugurated President Harry Truman, in office less than four months after the sudden death of Franklin D. Roosevelt, unleashes the atomic bomb over Hiroshima and Nagasaki, Japan, leading to the end of World War II.

August 13, 1961–The Soviet Union begins the construction of the Berlin Wall, separating East Berlin from West Berlin, during the first year of the administration of President John F. Kennedy. It will remain a symbol of oppression until its destruction in November 1989.

August 4, 1964–The Tonkin Gulf Incident is reported during the administration of President Lyndon B. Johnson, a supposed attack on US Navy ships in the Gulf of Tonkin by North Vietnamese patrol boats. This led to Johnson’s request of a resolution allowing the use of force to react to the reported aggression, and was the first step in the escalation of the war in Vietnam to a full scale conflict.

August 9, 1974–President Richard Nixon resigned from office, the first President to take such action, due to the “smoking gun” tape that showed his involvement in a coverup of the Watergate scandal. President Gerald Ford succeeded him in office, and later pardoned Nixon from prosecution, allowing Nixon to evade punishment, including being removed from office in an impeachment trial had he stayed in office.

August 2, 1990–Iraq, under Saddam Hussein, invaded its oil rich neighbor, Kuwait, alarming Saudi Arabia and other Arab and oil nations, and led to US involvement, in unison with a United Nations coalition, to force Iraq out of Kuwait, but also putting US troops for the first time in the Middle East, and inciting Muslims who became involved in terrorism through participation with Al Qaeda under the leadership of Osama Bin Laden,

August 2011–President Barack Obama faced the crisis of the Debt Ceiling, which led to a lowering of the credit rating of the United States by Standard and Poor’s and a stock market crisis. Additionally, the Atlantic Coast Earthquake and Hurricane Irene became major crises, along with the final steps toward the removal of Moammar Gaddafi from power in Libya after a five month effort by the US, with backing of NATO allies, the United Nations, and the Arab League.

So there has to be a sign of relief that the ugly month of August has again passed into history!

Michele Bachmann And Hollywood Celebrities: John Wayne And Elvis Presley!

Minnesota Congresswoman Michele Bachmann is running for the Republican Presidential nomination, but she has shown herself to be a total embarrassment when it comes to having accurate information both about American History and Hollywood celebrities. One has to wonder how one could trust her economics knowledge if she fails to have basic understanding and knowledge of what a President should know!

As is well known, Bachmann claimed that New Hampshire was the birthplace of the American Revolution with the military events at Lexington and Concord, rather than Massachusetts!

She also claimed that the Founding Fathers ended slavery, seemingly not realizing that it continued until the Civil War, and that George Washington, Thomas Jefferson, James Madison and other Southern Presidents all owned many slaves throughout their lifetimes.

But even more shocking is her lack of awareness about Hollywood celebrities. She earlier claimed that John Wayne, the actor, was born in Waterloo, Iowa, as she was, rather than the mass murderer John Wayne Gacy!

Now, yesterday, on the 34th anniversary of the DEATH of Elvis Presley, she wished him HAPPY BIRTHDAY! How can she NOT know the difference, and one can imagine Elvis fans, and even those who are not Elvis fans, rolling their eyes and sighing!

Bachmann praised Elvis, which is also interesting, as it is Evangelical Christians, which she says she is, who CONDEMNED Elvis, his clothes, his gyrating hips, and his music 55 years ago, when he first appeared on the musical scene.

Having visited the Rock and Roll Hall of Fame in Cleveland two weeks ago, and seeing the film footage of evangelical Christian ministers saying Elvis was in league with the Devil and other things more horrible, it makes one laugh at their bigotry, narrow mindedness, and backwardness, and makes one wonder how well Michele Bachmann understands her own religious beliefs, or is she simply propagandized, and now wishes to perpetrate her propaganda on the rest of us with her holier than thou statements on gay rights, abortion, and many other issues–and in the process taking away personal freedoms as those ministers 55 years ago wished to do in the field of music!

Right Wing Talk About Impeachment Or Resignation: A Dangerous And Preposterous Idea!

The right wing will stop at nothing to get President Barack Obama out of office!

Talk of impeachment comes from a Texas Republican Congressman Michael Burgess of the Dallas area, the same district that used to be represented by Dick Armey, the head of Freedom Works and promoter of the Tea Party Movement. Burgess’s reasoning is that Obama is totally ineffective and should be removed for that reason, rather than any specific violation of the Constitution.

The concept of impeachment has already been abused, as with the proceeding against former President Bill Clinton in 1998-1999. It is preposterous to say that even if a President is ineffective, which is highly debatable, in the case of Obama, that it should be considered an impeachable offense. In any case, even were an impeachment proceeding to develop, there is no possibility of a two thirds vote in the US Senate to convict and remove the President, and all it would do, therefore, is cause more economic tumult and political disarray, which is precisely what this country does NOT need!

If one wants to place blame for the chaos and tumult going on right now, it must be shared not only by the President and his party, but also, and to a greater extent, the refusal of the Republicans in the House of Representatives, and their extremist Tea Party allies, to negotiate and compromise on any agreement that would raise taxes to help balance out the budget crisis!

But now, we also have right wing critics who are suggesting that the President resign because of lack of public support, and that he first replace Joe Biden as Vice President with someone more unifying. This assumes that Joe Biden would resign, and one wonders who would the right wing prefer to become Vice President temporarily before becoming President. Would the extremists accept Hillary Clinton? Highly doubtful, and in any case, why should the right wing tell us who our President is, when Obama was elected for a four year term and should finish that term, and leave it to the American people as to whether they prefer him or the Republican opponent as their next President!

It would be unprecedented for Obama to resign, even if one thinks of him as a failure, which he is clearly NOT!

Only Richard Nixon has resigned, just 37 years ago on August 9 because of the Watergate Crisis, and that was for criminal activity!

Only Woodrow Wilson secretly planned to resign in 1916 if he lost reelection, with World War I on, and America in danger of getting involved. His secret idea was to hand over the Presidency to his opponent, Charles Evans Hughes, ahead of time, if Hughes had won.

Many Presidents have been seen as failures in different ways, but NEVER has a President resigned because of that belief, and it would destroy the whole American system of government if every time there was discontent, the President should be forced out by resignation.

Think of the many cases that would exist:

1, James Madison, when Washington, DC was attacked by the British, and Congress and the President had to flee, during the War Of 1812.
2. Martin Van Buren, when the country suffered from the Panic of 1837.
3. John Tyler, upon succeeding the dead William Henry Harrison in 1841, being told he was illegitimate even though he had been Vice President.
4. James Buchanan, when we went through the Panic of 1857, and later when the South was seceding from the Union.
5. Abraham Lincoln, when he waged war against the South, and violated civil liberties in wartime for purposes of saving the Union.
6. Andrew Johnson, who was actually impeached but found not guilty, who many wanted to resign as well, because of his opposition to the goals of the Radical Republicans on Reconstruction policy.
7. Ulysses S. Grant, who presided over the worst political corruption up to that point of time, and under whom we suffered from the Panic of 1873.
8.Warren G. Harding, who had the most corrupt administration after Grant, but died just as we learned about the extent of the corruption.
9. Herbert Hoover, who was cautious and ineffective as the Great Depression became the worst economic crisis in American history.
10. Franklin D. Roosevelt, for his controversial domestic and foreign policy actions and strong executive leadership in the time of the Great Depression and World War II.
11. Harry Truman, who many thought should resign after the Republicans won both houses of Congress in 1947-48, and for his Korean War policies.
12. Jimmy Carter, for his ineffective policies on the economy and the Iran hostage crisis.
13. Ronald Reagan, for the Iran Contra scandal which erupted in his second term of office.
14. Bill Clinton, for various accusations of scandals, and for his affair with Monica Lewinsky, which led to impeachment, but not conviction by the Senate.
15. George W. Bush, for taking us into war In Iraq on false pretenses, and reckless spending, creating the debt problems of today.

The answer is NOT to have a President resign, but rather to overcome partisanship in a crisis as we have now, and unite around the President, help him, not attack him, and put COUNTRY FIRST!

The Presidency will be destroyed if we let the naysayers rule the roost, and tell the occupant of the Oval Office to resign, as that will not restore confidence!

We have survived good and bad Presidents, and the answer is to follow the US Constitution and stop this irresponsible attack by the right wing on the Constitution they claim to revere, but in practice violate and abuse on a regular basis!

Total Ignorance About American History: Michele Bachmann, Pat Buchanan And Other Republicans! :(

Minnesota Congresswoman Michele Bachmann is demonstrating her total ignorance of American history and the history of her Republican party, based on the text of her speech to be delivered tonight after President Obama’s State of the Union Address!

She says slavery was ended by the Founding Fathers, showing she is unaware of the role of her Republican Party, Abraham Lincoln, and the Civil War in ending slavery. She is, as always, demonstrating her total lack of knowledge of the American past and the American Constitution, joining many other Republicans, including Sarah Palin, in this regard! 🙁

But now, Pat Buchanan, former challenger for the Presidency against George HW Bush in 1992, and running for President as a third party party candidate in 2000, has also demonstrated his lack of knowledge, by asserting there were more slaves in the Union states that had slaves (Maryland, Delaware, Kentucky, Missouri) than in any of the Confederate States that broke away from the Union! He also said incorrectly that George Washington freed his slaves after his wife died, but the reality is that his wife outlived him by over two years! 🙁

The ignorance and lack of knowledge of these and other Republican leaders is shocking and reprehensible! 🙁

The Founding Fathers (Washington, Adams, Jefferson, Madison, Hamilton, Franklin) and the statesmen of the pre Civil War era (Daniel Webster, Henry Clay, Stephen Douglas, William Seward, Charles Sumner, Abraham Lincoln) would be shocked and mortified if they came back today and witnessed the TOTAL STUPIDITY AND IGNORANCE of many GOP leaders, and Republicans of the Lincoln, Theodore Roosevelt, and Dwight D. Eisenhower era would also be ashamed of what their party has become: a party without legitimacy, ethics, character, and morality! 🙁