“Who’s Minding the Store at the Federal Reserve?” asks David Bernstein at The Volokh Conspiracy, presenting a video of the Fed’s “inspector general” knowing nothing from nothing about the whereabouts of three big ones (these days, trillions). 

(Go here for the video, which would allow itself to be embedded yesterday but not today.  YouTube has its reasons, to be sure.)

The video has almost a million hits, notes Bernstein, who calls it “pretty shocking stuff” in that “the Fed is lending trillions . . . with apparently no oversight, even internally.”

It’s not their money, yes, but you’d think they’d give a care.

The congressional interrogator, Alan Grayson, is a Florida Dem, for what that’s worth.

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Later: Reader email notes the personal performance of the testifier, judging hers as a difficult position — too much power!  But the matter is institutional, not personal, as is clergy abuse, to pick one example, in which abusers are less the issue than coverups by prelates and apparatchiks — once endemic, now less so, thanks to media and other pressure.  Governmental institutions are what look bad here, specifically the Fed, and the question is asked in effect, Would you buy a used car from that dealer?

Oak Park’s Les Golden, whose zeal as a tree-hugger got him in trouble with the law a few months back — with reactions con and pro — is looking for a good man or woman to run for Republican Committeeman next year. 

“As you know,” he writes,

there is effectively no GOP organization in Oak Park under the current committee[wo]man.  Indeed, the one and only function held was done at my urging, a breakfast at Peterson’s Ice Cream after the victory FOUR YEARS AGO!! 

I was there, meeting the winner, a travel agent by name of Marlene Lynch.  The rolls and coffee were good, the setting congenial, Ms. Lynch cordial.  But Les is right.  It was the end of contact initiated by her.

[T]he committeeman has held no meetings, organized no functions, raised no money, slated no candidates, organized no election judges, and does not attend any Cook County meetings. [!]  

I know.  I called her about being a judge and one other time for comment for a Wed. Journal column, and she was in a hurry each time.  Impatient, she had no interest in Republican matters.  Oak Park needs a new committeeman, Les writes, offering some motivation, quoting a Founder:

As America becomes a socialist state, only grass roots can bring back the ideals of our founding fathers.  As Jefferson wrote,

“The multiplication of public offices, increase of expense beyond income, growth and entailment of a public debt, are indications soliciting the employment of the pruning knife.”

He delineates a committeeman’s primary responsibilities:

1.  locate and organize election judges
2.  run a Lincoln day celebration, a summer picnic, and candidate debates/parties

And adds what else the person could do:

3.  hold monthly meetings
4.  rent an office space for formal/informal gatherings
5.  find, slate, and fundraise for GOP candidates
6.  attend County meetings
7.  put up and post to a website
8.  increase the GOP voter numbers in Oak Park
9.  work with west suburban committeeman to reinvigorate the GOP
10.  attend meetings of other west suburban GOP organizations

“It may seem like a lot,” he adds, “but with a competent staff it isn’t that much work.”  He has “a core group” to gather signaturesm days contact him if you’re interested or know someone who is.

And if you’ll help get signatures, he wants to know that too.  Call 708 848-6677.

Go Les!  Go dormant OP GOP!

After six months of Obama, writes Rex Murphy in the Globe & Mail,

What we can say with confidence . . . is that had he run on (a) transforming the U.S. economy by massive federal government intervention, (b) taking an owner’s stake in the automobile industry, (c) transforming the rules of America’s energy economy, (d) instituting a national health-care system – all of these simultaneously and in the centre of a financial meltdown – Barack Obama wouldn’t merely have lost the election, he wouldn’t have got as many votes as gnarly old Ross Perot did in an election long past.

He fooled us, in other words, hiding behind smooth talk and glowing rhetoric.

Mr. Obama has taken the real crisis of the U.S. (and world) economy and used it as the screen and lever for a massive agenda of transformation, a transformation that calls for expenditures on a scale never before seen in the history of government on this planet.

Bait and switch.  His was an  

agenda of massive government expansion, or attempted expansion, into everything from the auto industry to health care – all of them sold with cries of urgency and executed with reckless haste. Massive bills were passed before there were even copies of them to read. The U.S. government’s debt is being swollen beyond all previous records.

We cannot imagine that he did not know this agenda.

He knew what he wished to do when he was campaigning, but he was not going to whisper the scale and range of his designs while the campaign was on. It would have scared off people.

And now?

He’s flying high in dazzling hubris. The American economy is not yet fixed. It may get worse. And it is in this parlous and critical context that Mr. Obama has launched history-making expenditures and a reordering of American governance.

Daring if you believe in it, “reckless – to the point of real danger if you do not.”  It’s a “trapeze act — the greatest . . . in the history of North American politics.”

Frank Ricci is the New Haven fireman who led the way in the anti-reverse-discrimination case in which Sotomayor was judged on the losing side.  Libs want Sotomayor, so . . .

On Friday, citing in an e-mail “Frank Ricci’s troubled and litigious work history,” the liberal advocacy group People for the American Way drew reporters’ attention to Ricci’s past. Other advocates for Sotomayor have discreetly urged journalists to pursue similar story lines.

The American way?

Will reporters bite?  Is the Pope Catholic?

Instapundit pointed me to New Editor, which pointed me to this by David Harsanyi in the Denver Post.  See how the blogosphere works?

Can you believe the gall of these Sarah Palin cultists? Presidential aspirations? This is a woman who named one of her kids “Track,” for God’s sake. (Well, if it really is her kid.)

Bear with this fellow.  He’s on to something.

Really, where would we be if a bumpkin like Palin were president? With her brainpower, we’d probably be stuck with a Cabinet full of tax cheats, retreads and moralizing social engineers.

If Palin were president, chances are we’d have a gaffe-generating motor mouth for a vice president. That’s the kind of decision-making one expects from Miss Congeniality.

Chances are, yes.

The job of building generational debt is not for the unsophisticated.

You gotta have heart.

Enriching political donors with taxpayer dollars takes intellectual prowess, not the skills of a moose-hunting point guard.

That’s her, all right.

The idea of printing money we don’t have to pay for programs we can’t afford is, apparently, the work of a finely tuned imagination, soaring gravitas and endless policy know-how.

Palin is so clueless she probably would have rushed through some colossal stimulus plan that ended up stimulating nothing.

Ain’t we lucky, to be spared all that? 

It’s another case of asking compared to what?  Always ask and insist on an answer to this pivotal question, lest ye be fooled.

The very important, maybe irreplaceable Fran Spielman has the p-one Sun-Times story of the plumbing inspector who don’t want no trouble with permit-givers.

Sources said the $85,068-a-year inspector was working a side job installing a flood-control system in the 3500 block of North Octavia — with no permit and none of the required city licenses — when he inadvertently broke the water pipe leading to the home.

He (gulp) called the city for help, told leak-investigators he was an inspector, asked for free parts to repair the leak (!!**##%%!!), got turned in by a whistle-blower of note who happened to answer his call. got cited for doing work without a permit — “two or three different licenses” were needed, says the w-blower — and had to stop work on his project.

But wait.  This guy knows what it takes to get a permit, and if he doesn’t, he can go to Chicago’s long-overdue Department of Zoning Oversight Fellowship Forum (DOZ-OFF), where PDB, “the Intern Architect,” tells a story of waiting in line at the zoning department and being “handed poop in a bag.”

[A]n entry-level architect brings an interior renovation project to Chicago’s Department of Zoning at 8:15 a.m. . . . hoping to start the . . . process of obtaining a building permit from behind the city’s fortress of ordinances. 

He has . . . arrived before the office’s official opening at 8:30am, but is turned away at the gate.  The list is full; the waiting room is full.  The city’s (4) plan reviewers already have permit-seekers at their desks, studying plans and applications for the unallowable build, the unchecked use, and the unregistered driveway.  He must come back tomorrow; 6:30am is recomended. 

Uncommonly crowded?  No, the same as yesterday.  The same as everyday.

There’s more more more where that came from, at that Zoning Fellowship Forum.

Mark Levin on Sarah Palin: “She’s a huge draw.”

As good as any, better than most.

To it add Dr. Laura, who noted first of all that P. used no teleprompter, was “powerfully articulate and compelling.”

No uh’s or ah’s, hems or haws, as we know Obama engages in.  Which would you rather listen to, him or her.

“It’s not enough to bleat,” Frary said. “If you just bleat, you’re a sheep waiting to get fleeced.”

That’s my friend John, at a TEA Party rally in Augusta, Maine, urging people to sign petitions opposing runaway taxation.

He himself ran for Congress (and lost) last election, is retired from teaching, has a way with words.

TEA stands for Taxed Enough Already, or has been since the Boston Tea Party, one of our early anti-taxation events, became the model for a national movement some months back.

Relatively amorphous now, it has legs and will be an important part of the national mix yet.  Might make a difference in the coming mid-terms, that is.

Happy Independence Day, everyone!

From what?