Category Archives: George W. Bush

Greenwald: Obama Gutting Core Democratic Principles

22 Friday Jul 2011

Posted by in Democrats, drone strikes, George W. Bush, Libya, Medicare, Obama, Social Security, Wall Street

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Yet another gem from Glenn Greenwald in today’s Guardian:

“[I]n 2009, clear signs emerged that President Obama was eager to achieve what his right-predecessor could not: cut social security. Before he was even inaugurated, Obama echoed the right’s manipulative rhetorical tactic: that (along with Medicare) the program was in crisis and producing “red ink as far as the eye can see.” President-elect Obama thus vowed that these crown jewels of his party since the New Deal would be, as Politico reported, a “central part” of his efforts to reduce the deficit.

The next month, his top economic adviser, the Wall Street-friendly Larry Summers, also vowed specific benefit cuts to Time magazine. He then stacked his “deficit commission” with long-time advocates of social security cuts.

Many progressives, ebullient over the election of a Democratic president, chose to ignore these preliminary signs, unwilling to believe that their own party’s leader was as devoted as he claimed to attacking the social safety net. But some were more realistic. The popular liberal blogger and economist Duncan “Atrios” Black, who was one of the leaders of the campaign against Bush’s privatization scheme, vowed in response to these early reports:

The left … will create an epic 360-degree shitstorm if Obama and the Dems decide that cutting social security benefits is a good idea.

Fast forward to 2011: it is now beyond dispute that President Obama not only favours, but is the leading force in Washington pushing for, serious benefit cuts to both social security and Medicare.

[…]

The same Democratic president who supported the transfer of $700bn to bail out Wall Street banks, who earlier this year signed an extension of Bush’s massive tax cuts for the wealthy, and who has escalated America’s bankruptcy-inducing posture of Endless War, is now trying to reduce the debt by cutting benefits for America’s most vulnerable – at the exact time that economic insecurity and income inequality are at all-time highs.

Where is the “epic shitstorm” from the left which Black predicted? With a few exceptions – the liberal blog FiredogLake has assembled 50,000 Obama supporters vowing to withhold re-election support if he follows through, and a few other groups have begun organizing as well – it’s nowhere to be found.

Therein lies one of the most enduring attributes of Obama’s legacy: in many crucial areas, he has done more to subvert and weaken the left’s political agenda than a GOP president could have dreamed of achieving. So potent, so overarching, are tribal loyalties in American politics that partisans will support, or at least tolerate, any and all policies their party’s leader endorses – even if those policies are ones they long claimed to loathe.

[…]

He has gone further than his predecessor by waging an unprecedented war on whistleblowers, seizing the power to assassinate U.S. citizens without due process far from any battlefield, massively escalating drone attacks in multiple nations, and asserting the authority to unilaterally prosecute a war (in Libya) even in defiance of a Congressional vote against authorizing the war.

And now he is devoting all of his presidential power to cutting the entitlement programs that have been the defining hallmark of the Democratic party since Franklin Roosevelt’s New Deal. The silence from progressive partisans is deafening – and depressing, though sadly predictable.

[…]

Obama is now on the verge of injecting what until recently was the politically toxic and unattainable dream of Wall Street and the American right – attacks on the nation’s social safety net – into the heart and soul of the Democratic party’s platform. Those progressives who are guided more by party loyalty than actual belief will seamlessly transform from virulent opponents of such cuts into their primary defenders.

And thus will Obama succeed – yet again – in gutting not only core Democratic policies, but also the identity and power of the American Left.”

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Bush Taught, Obama Learned

20 Monday Jun 2011

Posted by in Congress, Constitution, George W. Bush, Justice Department, Libya, Obama, Politics

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From an editorial in the St. Petersburg Times, May 21, 2006, via Newshoggers:

“[T]he changes that George W. Bush has made to our nation’s constitutional firmament may not depart with the first family’s bags. His disregard for the separation of powers has so dramatically distorted the office of the president that he may have engineered a turning point in American history.

…Bush has taught tomorrow’s leaders that, if there are no consequences for ignoring legal constraints on power and if no one stops you from conducting the nation’s business in secret, you don’t have to be accountable. He is ruling through the tautological doctrine of Richard Nixon, who told interviewer David Frost that as long as the president’s doing it “that means it is not illegal.”

…Holding the executive branch to account for its actions, demanding that it respect the law and insisting that it fully report to Congress on its activities – these are nonnegotiable duties of Congress, because they are key part of our inheritance.

Being answerable to another is humbling. It makes you more careful in your actions. It requires that you consider how you will defend your decisions. George Bush has freed himself of this constitutional imperative and is showing the next president, and the next, how it is done.”

Bush taught, Obama learned, as evidenced by recent events. Like the expansion of the FBI’s investigative powers:

“The Obama administration has long been bumbling along in the footsteps of its predecessor when it comes to sacrificing Americans’ basic rights and liberties under the false flag of fighting terrorism. Now the Obama team seems ready to lurch even farther down that dismal road than George W. Bush did.

Instead of tightening the relaxed rules for F.B.I. investigations — not just of terrorism suspects but of pretty much anyone — that were put in place in the Bush years, President Obama’s Justice Department is getting ready to push the proper bounds of privacy even further.”

Like ignoring the advice of the Attorney General, the Pentagon general counsel, and the head of the Office of Legal Counsel on the president’s convoluted definition of “hostilities”:

“President Obama rejected the views of top lawyers at the Pentagon and the Justice Department when he decided that he had the legal authority to continue American military participation in the air war in Libya without Congressional authorization, according to officials familiar with internal administration deliberations.

Jeh C. Johnson, the Pentagon general counsel, and Caroline D. Krass, the acting head of the Justice Department’s Office of Legal Counsel, had told the White House that they believed that the United States military’s activities in the NATO-led air war amounted to “hostilities.” Under the War Powers Resolution, that would have required Mr. Obama to terminate or scale back the mission after May 20.

…Other high-level Justice lawyers were also involved in the deliberations, and Attorney General Eric H. Holder Jr. supported Ms. Krass’s view, officials said.”

But the Executive’s ability to expand power and ignore existing law becomes easier with idiots like Lindsey Graham ready, willing, and able to lend a helping hand with statements such as this:

“Sen. Lindsey Graham (R-S.C.) said Sunday that Congress should not interfere with U.S. operations in Libya. “Congress should sort of shut up and not empower Qadhafi,” Graham said on NBC’s “Meet the Press.”

Pull out that copy of the Constitution that I’m sure is in your coat pocket, Sen. Graham. See what it says about Congress’ responsibilities and duties relating to the declaration and funding of war. I don’t think “shut up” is among them.

Kyl: No Need to Pay For Tax Cuts

13 Tuesday Jul 2010

Posted by in budget, Congress, Conservatives, economy, George W. Bush, Politics, Republicans

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Given their history, why anybody would give one ounce of credibility to any Republican and their faux concern about deficits is beyond me. But for those few amnesiacs who did, John Kyl should have cleared that up yesterday with this:

“Surely Congress has the authority, and it would be right to — if we decide we want to cut taxes to spur the economy, not to have to raise taxes in order to offset those costs. You do need to offset the cost of increased spending, and that’s what Republicans object to. But you should never have to offset cost of a deliberate decision to reduce tax rates on Americans.”

Two other deficit hypocrites, Judd Gregg and Eric Cantor chimed in:

“Sen. Judd Gregg (N.H.), the top Republican on the Senate Budget Committee, joined House Minority Whip Eric Cantor (R-Va.) in pushing for the extension of a series of taxes set to expire at the end of this year, including a series of cuts for households making more than $250,000 per year.

“If you want to do something to stimulate the economy, you could make clear that tax rates aren’t going to go up at the end of the year,” Gregg said during an appearance on CNBC. “If this administration really wants to stimulate, say they’re going to continue those tax rates — all those tax rates.”

Never mind that when it came to extending unemployment benefits Gregg said, “we are on the path of passing on to our children a nation which they will not be able to afford as a result of the massive debt which is being put on their backs.”

That was over $33 billion. Extending the Bush tax cuts for the wealthy will cost about $700 billion.

But, but, but, extending the tax cuts will “spur” and “stimulate” the economy, right? If this sounds familiar, here’s why. January, 2004:

“The tax relief the president has given to this economy is working,” Commerce Secretary Don Evans told CNN’s “Late Edition.” “On three separate occasions over the last three years, he’s provided additional tax relief for American workers, American families, businesses across America, and guess what? It’s working. The results are showing that it’s working.”

…Treasury Secretary John Snow predicted that hiring will pick up in 2004.

“All the evidence points in that direction,” Snow told ABC’s “This Week.” “And everything we know about economics indicates that, as you get an economy into high gear, as you get a strong recovery under way, it does translate into jobs.”

The result? “The worst private sector jobs record of any administration in 75 years.”


The Bushies were right about one thing. The tax cuts did work—if you happen to be in the top 1%, that is.

In Defense of Michael Steele—Sort Of

03 Saturday Jul 2010

Posted by in Afghanistan, Congress, Democrats, George W. Bush, Iraq, Obama, Politics, Republicans, terrorism, war on terror

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I can’t believe this, but I’m going to defend the remarks of RNC Chairman Michael Steele, at least in part. Which is more than I can say for the response from the DNC.

Of course Steele’s accusation that Afghanistan is “a war of Obama’s choosing” is ridiculous. Afghanistan was a war of no one’s choosing, it was a response to the attacks on September 11, 2001. And the reason Afghanistan deteriorated into the situation President Obama inherited was because of the choices of the Bush administration, who neglected Afghanistan for 7 years in the misguided pursuit of the “war of their choosing” in Iraq.

But to be fair, President Obama has made some significant choices in relation to Afghanistan. He chose to increase the number of troops there soon after taking office. He chose to replace Gen. McKiernan with Gen. McChrystal, which included a choice to shift strategy from McKiernan’s more conventional approach to McChrystal’s counterinsurgency plan. Because of this change in strategy the president chose to increase the number of troops in Afghanistan by another 30,000.

When Obama replaced McChrystal recently, the president chose to bring in Gen. Petraeus and stick with counterinsurgency despite a growing number of indications, including the grumblings by McChrystal and his staff included in the Rolling Stone piece, that it isn’t working.

Steele was right on the money with this part of his remarks:

“Well, if he is such a student of history, has he not understood that you know that’s the one thing you don’t do, is engage in a land war in Afghanistan? Alright, because everyone who has tried over a thousand years of history has failed, and there are reasons for that.”

That brought this reaction from the DNC:

“Here goes Michael Steele setting policy for the GOP again. The likes of John McCain and Lindsey Graham will be interested to hear that the Republican Party position is that we should walk away from the fight against Al Qaeda and the Taliban without finishing the job. They’d also be interested to hear that the Chairman of the Republican Party thinks we have no business in Afghanistan notwithstanding the fact that we are there because we were attacked by terrorists on 9-11.

“And, the American people will be interested to hear that the leader of the Republican Party thinks recent events related to the war are ‘comical’ and that he is betting against our troops and rooting for failure in Afghanistan. It’s simply unconscionable that Michael Steele would undermine the morale of our troops when what they need is our support and encouragement. Michael Steele would do well to remember that we are not in Afghanistan by our own choosing, that we were attacked and that his words have consequences.”

As Greg Sargent at Plum Line points out, (and Glenn Greenwald at Salon agrees) these charges are a tactic straight out of Karl Rove’s playbook, and one which the Bush administration often leveled at Democrats over the war in Iraq. That anyone who criticizes any aspect of the war is advocating for “cutting and running” and doesn’t “support the troops.”

Greenwald:

“Two points about this:   (1) there’s nothing “tough” or “rough” about the DNC statement; it’s actually lame, desperate and ineffective.  As I noted above, the 2006 and 2008 GOP-crushing elections both proved that these rhetorical insults do not work any longer.  Beyond that, attacking people for criticizing the War in Afghanistan is as dumb as when the Republicans attacked people who criticized the Iraq War.”

As Dave Dayen at Firedoglake points out, an amendment to the war supplemental in the House which called for a withdrawal timetable in Afghanistan got 162 votes, a majority of the Democratic caucus.

Greenwald concludes:

“I wonder what the DNC has to say about the fact that a majority of their Party’s House caucus are cowardly, solider-hating traitors who are betting against the Troops.”

The Real Cost of Killing the Tax Extenders Bill

24 Thursday Jun 2010

Posted by in budget, Congress, Conservatives, economy, George W. Bush, Politics, Republicans

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The confederation of hypocrites and liars in the United States Senate, aka the Republican caucus plus Ben Nelson, voted today for the third time to kill the “tax extenders” bill which would have extended unemployment benefits, several tax credits, and Medicare funding to states facing budget crises.

Sens. Susan Collins of Maine, George Voinovich of Ohio, John Kyl of Arizona, and Ben Nelson of Nebraska all cited the cost of the bill and what it would add to the deficit, about $33 billion, as the main reason for their “no” votes.

Nice to see this new-found consternation about deficits from these four hypocrites. All four voted for the Bush tax cuts in 2001 and 2003, which cost approximately $2.5 trillion, not one dime paid for, all deficit financed. All four voted for Medicare Part D, also in 2003, which cost another trillion dollars, not one cent paid for.

Since these 4 are so concerned about cost, let’s take a look at what the price of their action today will be. From Suzy Khimm at Mother Jones:

“In addition to the millions of Americans who stand to lose unemployment benefits, a huge number of private and public sector employees will lose their jobs due to state budget cuts. Without federal help, states will have to pour in more money to prop up Medicaid, forcing them to make cutbacks in other parts of the budget. As a result, Moody’s chief economist estimates that 200,000 jobs could be axed without federal Medicaid support, and the Center for Budget and Policy Priorities puts the number as high as 900,000—jobs belonging to teachers, firemen, police, and social workers, among others.”

The Wonk Room has more:

“[The Atlantic’s Derek] Thompson pointed to a Center on Budget and Policy Priorities report stating that “without the extended Medicaid funding, Pennsylvania plans to cut funding for domestic violence prevention in half, eliminate all state funds for addressing substance abuse and homelessness, cut funding for child welfare by one-quarter, and cut payments to private hospitals, nursing homes, and doctors across the state — among other steps.” But Pennsylvania is not the only state that will have to take dramatic steps if Congress doesn’t act.

Arizona would have to cut funding for its state court system, Colorado’s likely cuts “include eliminating state aid for full-day kindergarten for 35,000 children, eliminating preschool aid for 21,000 children, and increasing overcrowding in juvenile detention facilities,” while New Mexico “could eliminate a wide range of Medicaid services, including emergency hospital services, inpatient psychiatric care, personal care assistance for the disabled, prescribed medications, and hospice care.”

Mark Zandi, chief economist of Moody’s Economy.com, estimated that 200,000 jobs could be at stake in this debate over Medicaid funding. “If state governments don’t get additional help from the federal government in the coming fiscal year, then the job losses will be at least that large — in all likelihood, measurably larger than that,” Zandi said.”

Do the deficit hypocrites care? Hell no. A pox on all their houses.

“Modernizing Miranda” by Gutting the Sixth Amendment

15 Saturday May 2010

Posted by in Bill of Rights, Constitution, George W. Bush, Justice Department, Obama, Obama administration, Politics, terrorism, war on terror

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It’s becoming clearer what Attorney General Eric Holder meant when he spoke of the need to “modernize” Miranda. (Even though he also said that “giving Miranda warnings has not had a negative impact on our ability to obtain information from terrorism suspects” ). According to this latest proposal under consideration by the Obama administration, such a “modernization” includes doing away with the Sixth Amendment rights to a speedy trial and to counsel.

“President Obama’s legal advisers are considering asking Congress to allow the government to detain terrorism suspects longer after their arrests before presenting them to a judge for an initial hearing, according to administration officials familiar with the discussions.

If approved, the idea to delay hearings would be attached to broader legislation to allow interrogators to withhold Miranda warnings from terrorism suspects for lengthy periods, as Attorney General Eric H. Holder Jr. proposed last week.

The goal of both measures would be to open a window of time after an arrest in which interrogators could question a terrorism suspect without an interruption that might cause the prisoner to stop talking. It is not clear how long of a delay the administration is considering seeking.”

President Obama has been criticized by civil libertarians in the past for continuing the policies of the Bush administration. This one goes further, it’s beyond Bush:

“Anthony Romero, the executive director of the American Civil Liberties Union, assailed the Obama administration for considering such ideas. He noted that the administration of President George W. Bush, which was heavily criticized by civil-liberties groups, never proposed such modifications to criminal procedures.”

Marcy Wheeler points out how this denies the accused of their right to counsel:

“The way it works…is you’re arrested and you’re brought before the judge (either to be charged or arraigned) and if you don’t have a lawyer, the judge makes sure you have one.

[…]

“[T]he Administration wants to “modernize” Miranda. They want to postpone bringing alleged terrorists before a Court (though it’s not clear why). Are they, by delaying court appearances, trying to at the same time delay the time when alleged terrorists get assigned lawyers? Are they trying to dissuade alleged terrorists from having lawyers?”

And Jeralyn at Talk Left warns of the slippery slope:

“Taking rights taken from terror suspects today just makes it easier to take them from all of us tomorrow. It’s ironic that this is one right even the Bush Administration didn’t try and tinker with, and its our Democratic president showing so little respect for the rule of law.”

More constitutional rights and protections bite the dust in the course of carrying out the “war on terror.” But hey, whatever it takes to keep us safe, right President Bush Obama?

The Rule of Law Loses Another Round With Johnsen Withdrawal

13 Tuesday Apr 2010

Posted by in George W. Bush, Justice Department, Obama, Politics, terrorism, torture, war on terror

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In what has become SOP for this administration, President Obama has once again capitulated under the slightest pushback from the GOP obstructionists, although without too much of a struggle I might add. After leaving his nominee to head the OLC, Dawn Johnsen to “twist in the wind for more than a year,” Ms. Johnsen withdrew her nomination.

“The struggle between President Obama and Republicans on Capitol Hill has claimed a fresh victim — Dawn Johnsen. She was Mr. Obama’s choice to lead the Office of Legal Counsel at the Justice Department. Ms. Johnsen withdrew her nomination after more than a year. It was clear that the White House was not going to fight to save her from Republicans who were refusing to allow a vote on her confirmation.

Ms. Johnsen’s problem was not that she lacked strong qualifications to be the legal adviser to the executive branch, informing the White House about what the law requires and what it prohibits.”

Ms. Johnsen’s “problem” was that she is a staunch advocate for the limitation of executive power and an opponent of the president’s “look forward, not back” policy in relation to dealing with abuses of power by the previous administration. In a March, 2008 piece in Slate she wrote:

“The question how we restore our nation’s honor takes on new urgency and promise as we approach the end of this administration. We must resist Bush administration efforts to hide evidence of its wrongdoing through demands for retroactive immunity, assertions of state privilege, and implausible claims that openness will empower terrorists.”

[…]

“Here is a partial answer to my own question of how should we behave, directed especially to the next president and members of his or her administration but also to all of use who will be relieved by the change: We must avoid any temptation simply to move on. We must instead be honest with ourselves and the world as we condemn our nation’s past transgressions and reject Bush’s corruption of our American ideals. Our constitutional democracy cannot survive with a government shrouded in secrecy, nor can our nation’s honor be restored without full disclosure.”

Glenn Greenwald at Salon writes:

“What Johnsen insists must not be done reads like a manual of what Barack Obama ended up doing and continues to do — from supporting retroactive immunity to terminate FISA litigations to endless assertions of “state secrecy” in order to block courts from adjudicating Bush crimes to suppressing torture photos on the ground that “opennees will empower terrorists” to the overarching Obama dictate that we “simply move on.”

Could she have described any more perfectly what Obama would end up doing when she wrote, in March, 2008, what the next President “must not do”?

A rhetorical question, I presume. The answer is painfully obvious.

White House Set to “Overrule” Justice Department on Civilian Trials for Gitmo Detainees

25 Thursday Mar 2010

Posted by in George W. Bush, Justice Department, Obama, Politics, terrorism, war on terror

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One “change” I had hoped to see on January 20, 2009 was the end of the politicization of the Justice Department. Judging from this report at Newsweek by Michael Isikoff that isn’t going to be the case, as the Obama administration is set to “overrule” and “overturn” the decision of Attorney General Eric Holder to try detainees at Guantanamo Bay in civilian courts rather than military tribunals. The reason being political pressure from New York City mayor Bloomberg and Republicans in Congress:

“The White House may yet be several weeks away from announcing whether it plans to overrule Attorney General Eric Holder and order that the 9/11 conspirators be tried before military commissions rather than in civilian courts. But it’s not hard to figure out which way the wind is blowing.

…The embrace of military tribunals follows months of controversy over Holder’s decision to try Khalid Sheikh Mohammed and other 9/11 conspirators in federal court in New York–a move that generated opposition from New York political figures such as Mayor Michael Bloomberg, and Republicans in Congress. Administration officials have acknowledged it was looking increasingly likely that Congress would block any funding for civilian trials of the 9/11 conspirators.”

…”All the indications we’ve been given are to get ready for a lot of activity in Guanantamo,” said a military prosecutor, who asked not to be identified talking about upcoming cases. “It’s full steam ahead.”

…the big decision everyone is waiting for is whether President Obama, as is increasingly expected inside the Beltway, will overturn Holder’s decision and return Khalid Sheikh Mohammed and four other 9/11 co-conspirators to the military commissions.

Remember the days of an independent Department of Justice? When who was prosecuted and how was done at the discretion of the Attorney General? When an Attorney General would resign rather than succumb to political pressure from the White House?

Those days are apparently gone. No matter who occupies the Oval Office.

Guantanamo Detainee Ordered Released

23 Tuesday Mar 2010

Posted by in George W. Bush, Justice Department, Politics, torture, war on terror

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In another victory for the rule of law and a defeat for the Bush administration’s “war on terror” policies (sadly continued by the Obama administration), U.S. District Judge James Robertson has ordered the release of Mohamedou Slahi, who has been held at Guantanamo since 2002, without charges. The Miami Herald has the story:

“A federal judge on Monday ordered the Pentagon to release a long-held Mauritanian captive at Guantánamo Bay who was once considered such a high-value detainee that former Secretary of Defense Donald Rumsfeld designated him for “special interrogation techniques.”

About those “special techniques” ordered by Rumsfeld

“Slahi is the 34th Guantánamo detainee ordered freed since the U.S. Supreme Court ruled detainees could challenge their incarceration in federal court, but his name was already well known because of investigations into detainee abuse.

The interrogations were so abusive a highly regarded Pentagon lawyer, Marine Lt. Col. Stuart Couch, quit the case five years ago rather than prosecute him at the Bush administration’s first effort to stage military commissions.”

Those probes found Slahi had been subjected to sleep deprivation, exposed to extremes of heat and cold, moved around the base blindfolded, and at one point taken into the bay on a boat and threatened with death. Investigators also found interrogators had told him they would arrest his mother and have her jailed as the only female detainee at Guantánamo if he did not cooperate.

And as if any further proof of the ineffectiveness of those interrogation methods were needed (emphasis added):

“In November 2006 he wrote his lawyers that he had denied any wrongdoing while in custody until he was tortured. “I yess-ed every accusation my interrogators made,” after they tortured him, he said. “I even wrote the infamous confession about me planning to hit the CN Tower in Toronto.”

The Obama Justice Department is “reviewing the ruling.” *Sigh* Here’s the only “review” needed:

“He’s been incarcerated, tortured and interrogated and rendered illegally,” said attorney Nancy Hollander of Albuquerque, N.M., who represents Slahi free of charge. “After almost 10 years the government has not been able to meet the minimal burden to detain him that’s required under habeas. He should be free.”

Washington’s Got a Secret—And They Intend to Keep It

14 Sunday Feb 2010

Posted by in Congress, economy, Financial Crisis, George W. Bush, Justice Department, Obama, Politics, Wall Street

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Gretchen Morgenson in yesterday’s New York Times on the lack of action on financial reform from our alleged representatives in the District of Columbia

“As Washington spins its wheels on financial reform, it’s becoming painfully clear that the problem of entities that are too interconnected or “too politically powerful to fail” is also too hard for our policy makers to tackle.”

What Ms. Morgenson calls Washington “spinning its wheels,” is more appropriately named the “appease the peasants” circus. That time-honored D.C. tradition of giving the appearance of doing something while actually, and intentionally, doing nothing. And it’s not that it’s “too hard to tackle,” they have a financial interest in not tackling it.

“As taxpayers, we obviously can’t rely on lawmakers to address the risks we face from the ever-expanding corporate safety net thrown under teetering behemoths. But because we are footing the bills for these rescues — and will do so again if more crises occur — don’t you agree that we should know what these implied federal guarantees will cost us?…If the government won’t reduce the size of the safety net, and it has shown no appetite for doing so, it should at least tell us the price tag.”

To the contrary, “the government”—and not just the Capitol Hill gang but those who give lip service to openness and transparency at the other end of Pennsylvania Avenue—is doing everything in its power to keep us from seeing that “price tag” as well as who received what.

“The Federal Reserve asked a U.S. appeals court to block a ruling that for the first time would force the central bank to reveal secret identities of financial firms that might have collapsed without the largest government bailout in U.S. history.

The U.S. Court of Appeals in Manhattan will decide whether the Fed must release records of the unprecedented $2 trillion U.S. loan program launched after the 2008 collapse of Lehman Brothers Holdings Inc.”

The Obama Justice Department cites the need for secrecy “confidentiality:”

“Confidentiality is essential to the success of the board’s statutory mission to maintain the health of the nation’s financial system and conduct monetary policy,” Assistant U.S. Attorney General Tony West and Fed lawyer Richard Ashton wrote in a legal brief to the appeals court.”

Never mind this:

“The lawsuit, brought under the U.S. Freedom of Information Act, came as President Barack Obama criticized the previous administration’s handling of the $700 billion Troubled Asset Relief Program passed by Congress in October 2008. Obama has said funds were spent by the administration of former President George W. Bush with little accountability or transparency.”

Hypocrisy you can believe in.