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The Spectacle Blog
Sen. Bob Bennett (R-UT) was denied the GOP nomination for a fourth Senate term after being eliminated on the second ballot at the Utah Republican Party’s state convention. Attorney Mike Lee, a former counsel to Jon Huntsman, and onetime congressional candidate Tim Bridgewater advanced to the next ballot.
Pingback| 5.8.10 @ 6:30PM
Twitter Trackbacks for The American Spectator : AmSpecBlog : Bob Bennett Goes Down i links to this page. Here’s an excerpt:
ggoblue| 5.8.10 @ 6:31PM
first we clean our own house....then we clean the US house
178 days until the purge
Pingback| 5.8.10 @ 6:53PM
Bob Bennett is Toast…For The Moment :: YankMcCain.com links to this page. Here’s an excerpt:
Pingback| 5.8.10 @ 7:30PM
Bob Bennett Goes Down in Utah – Spectator.org | News Updates Online links to this page. Here’s an excerpt:
CJN Guy| 5.8.10 @ 8:32PM
One Senate RINO down, one to go . . . at least for this cycle . . .
mike declue| 5.8.10 @ 8:43PM
To: MEMBERS OF THE SENATE
URGENT: TAKE THE FEDERAL RESERVE SYSTEM OUT OF FEDERAL BANK SUPERVISION
I first emailed this plea to various members of the House and Senate Banking Committees in April 2008. I emailed the same plea on or about March 14, 2010, and followed up with a phone call to each committee member’s office expressing the same plea on March 15, 2010. AND WHAT DID I SEE RELEASED BY SENATOR DODD? A BILL THAT KEEPS THE FEDERAL RESERVE SYSTEM IN BANK SUPERVISION.
I worked as a bank examiner for the Fed for over 30 years. After serving in numerous capacities, I can credibly tell you that the Federal Reserve System should NOT be involved in bank regulation and, at the same time, engaged in setting monetary policy. This is an inherent conflict of interest and is the reason we are in the banking crises that we are in today. MONETARY POLICY AND BANK SUPERVISION CANNOT BE DONE TOGETHER BY THE SAME AGENCY. LET ME REPEAT. IT’S A BLATANT CONFLICT OF INTEREST!
The previous Fed chairman continually lowered interest rates, promoted the housing boom by encouraging the use of exotic mortgage products, and refused to write regulations to address issues related to the inherent risks associated with exotic mortgage products. As a result, no bank examiner, Federal or State, in his or her right mind could or would dare do anything substantive to hinder the subprime mortgage explosion that ensued. THIS IS THE WAY IT REALLY WORKS IN REAL LIFE, REALLY! YOU GUYS DON’T GET IT. YOU SET UP THERE AND LISTEN TO THE FED CHAIRMAN AND FED GOVERNORS BLOW SMOKE UP YOUR COLLECTIVE DRESSES AND BUY IT. THIS TIRED OLD LIE THAT THE FED NEEDS TO BE IN BANK SUPERVISON TO SET MONTETARY POLICY. EITHER YOU DON’T GET IT, YOU DON’T WANT TO GET IT, OR YOU’RE TOO LAZY TO TRY TO GET IT. OR YOU WANT TO KEEP THE GOOD OLE BOYS AT THE FED WITH ALL THE POWER CONCENTRATED IN THE FED SYSTEM.
THE DODD BILL GIVES THE FED SUPERVISION OVER BANK HOLDING COMPANIESS WITH $50 BILLION AND MORE IN ASSETS. I worked as an examiner and I can tell you for a fact that the Fed has had supervision responsibility over bank holding companies of every size for over 30 years and THEY WERE ASLEEP AT THE SWITCH! Now you want to give them supervision over something they’ve always had supervision over? Are you nuts? You just don’t care about the facts? Don’t care about how things really are?
The Fed chairman stated, as every past chairman has, in testimony before a house subcommittee on March 17 that the Fed needs supervisory oversight over small state member banks too in order to establish smart monetary policy. BULL CRAP! The Fed chairman, the governors or their staff do not use data from bank exams or examiners for anything. They use date provided by economists on a macro level. Economists think bank examiners are beneath them and would never ask examiners for data in order to establish economic policy. IT DOESN’T HAPPEN IN REAL LIFE? BUT YOU GUYS KEEP BUYING THAT TIRED LIE YEAR AFTER YEAR AFTER YEAR. If that were true, the Fed Chairman and former Secretary Paulson wouldn’t have run over to a closed session of congress in the middle of the night in early 2008 with the sudden realization that the our country and the rest of the industrialized countries of the world were on the brink of a great depression. In fact, both of those clowns kept telling the public that everything was fine, the fundamentals of the economy were strong and that the problems we were having had reached a bottom. THAT’S HOW IT REALLY IS. THAT’S REALITY. DO YOU NOT GET IT?
DO YOU NOT ALSO SEE THE CONFLICT OF INTEREST THAT THE FED FACES DUE TO TRYING TO SUPERVISE BANKS AND SET MONETARY POLICY? I DON’T CARE WHAT OTHER COUNTRY OR COUNTRIES ALLOW THEIR CENTRAL BANK TO DO BOTH, IT’S A CONFLICE TO INTEREST! DO YOU NOT GET IT?
CORRECT THIS CONFLIT NOW. There needs to be one single Federal Bank Regulator.
DO THE RIGHT THING!
Cris Worth| 5.8.10 @ 9:12PM
Bravo Tea Partiers, once the 2010 elections are over they need to gear up for the big GOP fight to come and deny frontrunner Willard Milton Romney the 2012 Republican nomination and dethrone Michael Steele.
USA Jim| 5.8.10 @ 9:51PM
Chris Worth: I agree with you. Mitt Romney is not much better than McCain. We don't need to put a progressive Republican in office. Not Huckabee either.
JmsA| 5.8.10 @ 9:57PM
Following his ousting, Bob Bennett referred to the political environment as toxic. No doubt the libtard media will latch onto this and try to beat the Tea Party with it. Good riddance!
Cris Worth| 5.8.10 @ 10:52PM
I've been hip to closet GOP liberalism since 1967. The Tea Party has now flushed its first toxic closet GOP liberal down the toilet. And even some Republicans have become bold in this case in Arizona they are standing firm against illegal immigration. My God there is hope.
Banner Signs | 5.8.10 @ 11:03PM
Can't wait to win it all back. PLEASE change it back.
Tim| 5.8.10 @ 11:12PM
I think as most rational Americans do that the polls showing Tea Party folks at 25% are way off.
First off there are at least 25 to 30% that would never admit to anyone that they are Tea Party Americans for fear of being branded at best and set up at worse. So the reality is that Tea Party Folks are at least 50% but perhaps closer to 55 %
With Liberals at 30% it will be a political cathostrophic event in November 2010 for the Dems.
At the end of the day I think as many others do that November will be the worse beating the Left will have ever received at US polls followed as close second by 2012.
Folks will look back at the Reagon lanslide of 1984 as a minor league baseball game compared to the political trashing and political destruction that the Dems will get in November 2010 and in 2012.
Nick| 5.9.10 @ 12:55AM
Kudos to the people of Utah!
Hatch needs the same treatment next time he is up for re-election.
As do many other spineless senate Republicans.
Like Grahmnesty, Grassley, Lugar, Alexander, Roberts, and Hutchison.
Plus, we need to get democrats out of senate seats in red states. After that, we need to make sure they spend no longer than 2 terms in the senate and 6 terms in the house of representatives.
Michael Brown| 5.9.10 @ 2:29PM
I second that emotion!
Calvo| 5.9.10 @ 1:06AM
I think it was his support of illegal alien amnesty that caused his demise.
Cris Worth| 5.9.10 @ 7:12AM
Bennett toxicity…the erstwhile senator voted to confirm Ruth Ginsburg and Stephen Breyer to the Supreme Court further solidifying his credentials as a closet GOP liberal. Utah voters should have kicked him out in '98.
Richard Baker| 5.9.10 @ 9:41AM
Hooray! Adults live in Utah. Time to clean the modern Augean Stables which sit on Capitol Hill.
Oldefarte| 5.9.10 @ 3:18PM
This is just one of the FIRST SHOTS ACROSS THE BOW as warning to the current radicalized leaders of this country. Bennett was/is a Republican, so it's not ROCKET SCIENCE as to what awaits the Democrats come November!!!!
Tim*| 5.9.10 @ 3:30PM
The Tea Party Rebellion escalates.
We are " Primarying " out The CINO's & RINO's .
Remember In November !
Pingback| 5.9.10 @ 3:43PM
Utah Senator Bob Bennett Goes Down at GOP Convention | Conservative Heritage Times links to this page. Here’s an excerpt:
bluecollarbytes| 5.9.10 @ 5:47PM
I wish Mr Bennett well, and hope that the fear of voters puts the politicians in their place.
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and news today that Obama has his panties in a bunch over the 'diversions' like XBox and IPad, which prevent us from realizing how important Obama is to our very existence. Ya cain't join the struggle if yer enjoyin life.
danny| 5.9.10 @ 5:47PM
Nick, lets put Cornyn on that list.
Nick| 5.10.10 @ 1:42AM
Danny,
Ken (Old Texican) has vouched for Mr. Cornyn, so I'm giving him a second chance.
But, he had better grow a spine, quick!
oil painting | 5.10.10 @ 4:52AM
Frame for 36x48 paintings(Frame)
Abstract oil painting(Abstract oil painting)
Pingback| 5.10.10 @ 6:34AM
Search For American Spectator | Broadcasting News links to this page. Here’s an excerpt: