Update from Senator Bob Corker - May 3, 2013

Senator Bob Corker
2013-05-03 15:03:29
Bob Corker - U.S. Senator, Tennessee [image = corker.enews.senate.gov//images/user_images/1277156967_Twitter_48x48.png] [link 1] [image = corker.enews.senate.gov//images/user_images/FacebookIcon_thumb.png] [link 2] [image = corker.enews.senate.gov//images/user_images/YoutubeIcon_thumb.png] [link 3] *E-MAIL UPDATES* *Yes, please periodically send me e-mail updates.** Click Here [link 4] *By subscribing to my e-mail updates, you are authorizing me to send regular e-mail updates from my office to your e-mail account. Survey/Question [survey] Survey/Question [survey] *Update from Senator Bob Corker May 3, 2013* Senator Corker was in the Tri-Cities on Thursday, meeting with constituents in Washington and Sullivan counties. Corker discussed our country�s number one economic and national security issue: getting our fiscal house in order. Corker began the day in Johnson City, meeting with students, faculty and local business leaders at an event hosted by East Tennessee State University. [image = corker.enews.senate.gov//images/user_images/ETSU1.jpg] May 2, 2013 � Senator Corker addresses students, faculty and local business leaders at East Tennessee State University. Later, Corker met with business and community leaders at an event hosted by the Bristol Chamber of Commerce. [image = corker.enews.senate.gov//images/user_images/Bristol1.jpg] May 2, 2013 � Senator Corker talks with Lt. Governor Ron Ramsey before speaking to a group of business and community leaders at Bristol Motor Speedway. *Obama FHFA Nominee Gives New Meaning to �The Fox Guarding the Hen House�* Senator Corker, member of the Senate Banking, Housing and Urban Affairs Committee, made the following statement on President Obama�s nominee [link 5] to lead the Federal Housing Finance Agency. "I could not be more disappointed in this nomination. This gives new meaning to the adage that the fox is guarding the hen house,� said Corker. �The debate around his nomination will illuminate for all Americans why Fannie and Freddie failed so miserably. Before any nominee should be considered for this post, regardless of their qualifications, the administration should explicitly lay out how they will unwind these entities. As I�ve reiterated, overseeing Fannie and Freddie is a job for a technocrat not a politician.� *Investor�s Business Daily (Editorial): Obama Puts Fox In Charge Of Fannie, Freddie Henhouse:* [link 6] �GOP Sen. Bob Corker of the Senate Banking Committee, which will hold a confirmation hearing on the nomination, had it exactly right when upon hearing the news Wednesday, observed: �This gives new meaning to the adage that the fox is guarding the henhouse.�� We can't imagine a worse pick for such a key regulatory post� He would be an unmitigated disaster as the watchdog over two agencies responsible for some 90% of U.S. mortgages.� *Tweet of the Week* [image = corker.enews.senate.gov//images/user_images/05-03-13_FHFA_Nom_Tweet3.jpg] [link 7] *Secret Cash Payments to Karzai Lack Accountability, Promote Corruption, Break Trust with Taxpayers* In a letter to President Obama on Thursday, Senator Corker, ranking member of the Senate Foreign Relations Committee, requested an explanation regarding recent reports [link 8] alleging the U.S. has made millions of dollars in secret cash payments to Afghan President Hamid Karzai over the past decade. �Our support for the Karzai administration should have evolved long ago into regular and more sustainable efforts that are fully coordinated across the government and are calibrated to ensure collaboration with U.S. policies. The alleged arrangements make accountability impossible and promote corruption at the top levels of the Afghan government, as well as break trust with the American taxpayer,� said Corker. �Please provide an explanation, with a classified annex if necessary, for how this alleged policy fits within overall U.S. objectives in Afghanistan.� Read more: 1.usa.gov/18fRwc1 [link 9]. *Marketplace Fairness Act is About States� Rights* In an op-ed in last Sunday�s Tennessean, Senators Corker and Alexander wrote: �[The Marketplace Fairness Act is] about two words: states� rights. The legislation � which would allow states to collect state sales taxes already owed on remote purchases from out-of-state-businesses � is about letting states set their own tax policy without asking Washington�s permission. That�s the spirit of the 10th Amendment to the U.S. Constitution, and the spirit of this country.� Read more: tnne.ws/10nKxWS [link 10].� In a Wall Street Journal column [link 11] last month, former Reagan economic advisor and Nashville resident Art Laffer, wrote in favor of the Marketplace Fairness Act, saying, �Addressing e-fairness from a pro-growth perspective creates several benefits for the economy.�� Last week, syndicated columnist Charles Krauthammer voiced support for the Marketplace Fairness Act on Fox News� �Special Report with Bret Baier.� Watch here: fxn.ws/Yt5u8Q [link 12].� �The real issue here is the fairness argument � that if you�re an old fashioned store, you have to have your customers and you pay the sales tax and online you don�t. Which, I mean, you�re already at a disadvantage if you�re an old fashioned store: you have to have, you have to cover rent, you have to cover insurance and all that. So I think you want to have something that will level the playing field. You can do it one of two ways. You abolish all sales taxes for real stores and nobody pays. Or you get the Internet people to pay the sales tax as well. I think the second one is the only way to do it, obviously.� *�Charles Krauthammer* [image = corker.enews.senate.gov//images/user_images/05-03-13_FNS_MFA.JPG] [link 13]

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Update from Senator Bob Corker
May 3, 2013

Senator Corker was in the Tri-Cities on Thursday, meeting with constituents in Washington and Sullivan counties. Corker discussed our country�s number one economic and national security issue: getting our fiscal house in order.

Corker began the day in Johnson City, meeting with students, faculty and local business leaders at an event hosted by East Tennessee State University.


May 2, 2013 � Senator Corker addresses students, faculty and local business leaders at East Tennessee State University.

Later, Corker met with business and community leaders at an event hosted by the Bristol Chamber of Commerce.


May 2, 2013 � Senator Corker talks with Lt. Governor Ron Ramsey before speaking to a group of business and community leaders at Bristol Motor Speedway.

Obama FHFA Nominee Gives New Meaning to �The Fox Guarding the Hen House�

Senator Corker, member of the Senate Banking, Housing and Urban Affairs Committee, made the following statement on President Obama�s

"I could not be more disappointed in this nomination. This gives new meaning to the adage that the fox is guarding the hen house,� said Corker. �The debate around his nomination will illuminate for all Americans why Fannie and Freddie failed so miserably. Before any nominee should be considered for this post, regardless of their qualifications, the administration should explicitly lay out how they will unwind these entities. As I�ve reiterated, overseeing Fannie and Freddie is a job for a technocrat not a politician.�

�GOP Sen. Bob Corker of the Senate Banking Committee, which will hold a confirmation hearing on the nomination, had it exactly right when upon hearing the news Wednesday, observed: �This gives new meaning to the adage that the fox is guarding the henhouse.�� We can't imagine a worse pick for such a key regulatory post� He would be an unmitigated disaster as the watchdog over two agencies responsible for some 90% of U.S. mortgages.�

Tweet of the Week

Secret Cash Payments to Karzai Lack Accountability, Promote Corruption, Break Trust with Taxpayers

In a letter to President Obama on Thursday, Senator Corker, ranking member of the Senate Foreign Relations Committee, requested an explanation regarding recent

�Our support for the Karzai administration should have evolved long ago into regular and more sustainable efforts that are fully coordinated across the government and are calibrated to ensure collaboration with U.S. policies. The alleged arrangements make accountability impossible and promote corruption at the top levels of the Afghan government, as well as break trust with the American taxpayer,� said Corker. �Please provide an explanation, with a classified annex if necessary, for how this alleged policy fits within overall U.S. objectives in Afghanistan.� Read more: Marketplace Fairness Act is About States� Rights

In an op-ed in last Sunday�s Tennessean, Senators Corker and Alexander wrote: �[The Marketplace Fairness Act is] about two words: states� rights. The legislation � which would allow states to collect state sales taxes already owed on remote purchases from out-of-state-businesses � is about letting states set their own tax policy without asking Washington�s permission. That�s the spirit of the 10th Amendment to the U.S. Constitution, and the spirit of this country.� Read more: In a Wall Street Journal

Last week, syndicated columnist Charles Krauthammer voiced support for the Marketplace Fairness Act on Fox News� �Special Report with Bret Baier.� Watch here: �The real issue here is the fairness argument � that if you�re an old fashioned store, you have to have your customers and you pay the sales tax and online you don�t. Which, I mean, you�re already at a disadvantage if you�re an old fashioned store: you have to have, you have to cover rent, you have to cover insurance and all that. So I think you want to have something that will level the playing field. You can do it one of two ways. You abolish all sales taxes for real stores and nobody pays. Or you get the Internet people to pay the sales tax as well. I think the second one is the only way to do it, obviously.� �Charles Krauthammer