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Wednesday, February 19, 2014

What is it About Republican Governors and Email?

     I mean we know all about Chris Christie's email problems which may yet sink his Governorship never mind running for President. Now Scott Walker seems to be coming down with the same email problem as Christie. Another interesting twist-Walker has a Kelly in his story too and she's an assistant Chief of Staff who had to step down just like with Christie. Christie had Bridget Kelley and Walker has Kelly Rindfeisch. Ok, the spelling is a little different but, still some eerie symmetry I think.

      "A Wisconsin state appeals court on Wednesday released thousands of emails and other previously sealed documents collected during a criminal investigation into a former aide to Republican Gov. Scott Walker."

     "The Associated Press and other media organizations pressed for them to be made public.
The documents include 27,000 pages of emails Kelly Rindfleisch sent while working for Walker as his deputy chief of staff when he was Milwaukee County executive in 2010. Rindfleisch was convicted in 2012 of misconduct in office, a felony, for doing campaign work for Republican lieutenant governor candidate Brett Davis on government time. She was sentenced to six months in jail and three years of probation."

     http://www.huffingtonpost.com/2014/02/19/scott-walker_n_4815704.html

     We'll see what's in these emails later, of course, But very interesting parallels. Krugman points out something interesting himself: in looking for those calling for Lehman Brothers to fail, a couple of letters stand out.

    
    "Vince Reinhart:
"The resources of the U.S. government are vast, but not unlimited. Thus far this year, officials have put federal funds at risk to facilitate the takeover of an investment bank, Bear Stearns, and to provide unconditional support to two government-sponsored enterprises, Fannie Mae and Freddie Mac."
"At some point, the government had to say enough. That point came this weekend."
"Those judgments can be second-guessed. But one thing is clear: Lehman did not cast a long enough shadow over markets to warrant support. And Treasury Secretary Henry Paulson and his colleagues are to be congratulated for the courage to make that determination."
   "Ken Rogoff:
No More Creampuffs
The Government Is Willing to Let Wall Street Firms Fail. That’s Good.
"This past weekend, the U.S. Treasury and the Federal Reserve finally made it abundantly clear that they won’t bail out every significant financial firm in America. Certainly this came as a rude shock to many financiers. In allowing the nation’s fourth-largest investment bank, Lehman Brothers, to file for bankruptcy, and by forcefully indicating that they are prepared to see even more bankruptcies, our financial regulators showed Wall Street that they are not such creampuffs after all."
"By allowing firms that took excessive risks to fail, regulators also reduce the political pressure to overregulate the system in the aftermath of the crisis. Let’s hope they hang tough for at least a little while longer."

     http://krugman.blogs.nytimes.com/2014/02/19/letting-lehman-fail/?_php=true&_type=blogs&module=BlogPost-Title&version=Blog%20Main&contentCollection=Opinion&action=Click&pgtype=Blogs&region=Body&_r=0

       What symmetry do I see here? That whenever there are calls to do things that hurt the economy R&R are close at hand.  We have the symmetry where Republican Governors aggressively work against the public interest and then are brought low by emails, and R&R are all about 'taking your medicine' in the form of things that really hurt economically.


   
   

    

 
    

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