The old members of the country club are beginning to fret that the rubes they let in are trashing the place.

No private entity should have the power to bring down a president with an arbitrary and unjustifiable wave of the hand. No company should be able to line up a nation’s assets and orchestrate a fire sale on behalf of Wall Street, and then give them a private showing about what’s in store. They should not have the right demand cuts that destroy critical social safety net programs that the public overwhelmingly supports like Social Security and Medicare, and they most certainly should not be able to crown a new king as they implement Wall Street’s shock doctrine vision for the future.

Elizabeth Warren hinted at this last week when Richard Cordray was named as the nominee to run the Consumer Financial Protection Bureau, but now it’s official – she will leave her position as a counselor to Treasury and Assistant to the President on August 1. And rather than Cordray, the nominee and the current head of enforcement at CFPB, taking over, Raj Date will manage day-to-day operations until there’s a director.

We now have a CBO report on Harry Reid’s plan, and what once again sticks out is the extreme similarities with John Boehner’s. Remember that the Boehner plan had discretionary spending caps, a “Super Congress” committee to recommend deficit reduction, spending on program integrity for several programs, increases in Pell grants offset by student loan changes, and other budget process changes

Representative Peter King (R-NY), chairman of the House Homeland Security Committee, will hold his third anti-Muslim hearing this morning. Or, as he frames it, his “third Muslim radicalization hearing.”

This third hearing titled, “Al Shabaab: Recruitment and Radicalization within the Muslim American Community and the Threat to the Homeland,” explicitly targets Somali Americans in this country especially those in the Midwest in Minnesota and Ohio. Rep. King is convinced that they are susceptible to recruitment, radicalization and training from this organization that allegedly has ties to al-Qaeda in the Arabian Peninsula (AQAP).

The CBO report on John Boehner’s debt limit plan has really set back the effort and probably poisoned the entire enterprise among the more conservative members of his caucus.

• What a clown show.
• The weakest Speaker of the House ever?
• And we only had to fight wars in 4 countries!
• K-Thug, still shrill.
• WTF?

It is always nice to see that Rupert Murdoch owned all levels of government.

Bruno Mars — The Lazy Song.

Gosh, you’d think security at LaGuardia Airport would be able to tell if a woman were wearing unmentionables under her shorts and tee-shirt–I mean isn’t that why we have the new see-through screening box?– but apparently JetBlue supervisor Victor Rodriguez, who was working the airline ticket counter, decided to check for himself once Malinda Knowles had boarded her flight to West Palm Beach, Florida.