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Dave Weigel at the Washington Independent had an excellent look last week at the growing trend of conservatives "going Galt," looking to the fantastical novels of uber-capitalist Ayn Rand for sustenance as the economy founders and President Obama's approval ratings remain high.

Now we can chalk up one more GOP convert to the Atlas Shrugged trend. Rep. Pete Hoekstra (MI), the senior Republican on the House intelligence committee, just marveled on his Twitter page: "Who is John Galt? Will more Americans know of him in 3 to 6 months? I think so!"

The Senate Democrats are now raising money off of Rush Limbaugh and his latest comments about Ted Kennedy's work on the health-care bill.

In a fundraising e-mail from the DSCC, the Dems play up Rush's public role in the Republican Party in order to show how important it is to get to 60 Democratic seats:

Rush Limbaugh has no shame. That's clear after his latest outrageous and inappropriate remarks about Sen. Ted Kennedy's health.

Limbaugh keeps crossing the line because the best way to fire up the extremist base is to undermine and obstruct President Obama's agenda. And because he leads the rank-and-file, Limbaugh has 41 Republican senators willing to filibuster anything he wants.

Thousands joined our action against Rush last week - thank you for standing with us. But there's one more way to make him irrelevant. Win that 60th seat and Rush can rant all he wants and it won't do any good.

Sixty seats requires recruiting the best candidates early and organizing the best grassroots networks now. Rush is already plotting for 2010. We can't fall behind.


Full e-mail after the jump.

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We're on the hunt for the mystery senator (or senators) holding up approval of John Holdren and Jane Lubchenco, President Obama's nominees to become chief White House science adviser and head of the National Oceanic and Atmospheric Administration (NOAA).

To bring folks up to speed, it appeared initially that Sen. Robert Menendez (D-NJ) was the sole lawmaker standing in the nominees' way, thanks to an unrelated dispute with Democratic leaders over the Cuban trade embargo. But that obstacle is no longer operative, leaving the situation murky as Commerce Committee Chairman Jay Rockefeller (D-WV) references multiple holds on the nominees.

Yesterday we ruled out two GOP suspects, Sens. David Vitter (LA) and Mel Martinez (FL). Today we can strike two more likely suspects from the list: Sens. Jim Inhofe (R-OK) and John Barrasso (R-WY) both strongly oppose Holdren's pro-regulation stance on climate change, but both told me they're not behind the holds.

Inhofe couldn't confirm that the holds weren't coming from his environment committee, but he said flat out: "It's not me, though."

Norm Coleman visited the Senate a couple of weeks ago to huddle with Republicans -- now Al Franken is in the Senate, ducking into the Democrats' weekly luncheon just behind Sen. Chuck Schumer (D-NY), the campaigns chief who helped steer Franken's run last year.

Franken signaled that he may answer some questions after the lunch, so we'll keep you posted.

Late Update: I couldn't nab Franken on his way out the door, but Politico did. The Democratic soon-to-be-senator told the newspaper that he would not attempt to be seated until the three-judge panel in Minnesota rules in his favor, which he predicts will happen.

His Minnesota colleague, Sen. Amy Klobuchar (D), told me that Franken gave fellow Dems an update on "what was happening -- he discussed the recount, he explained how the process would work up to the Minnesota Supreme Court, and he predicted he'd be the next senator."

Senator Jim Bunning (R-KY), who is in a public-standoff against a national party establishment that wants him to retire in 2010, has actually had an internal poll conducted for his re-election right.

But Bunning won't give any details, the Louisville Courier-Journal reports.

"Let's say I did the polling," Bunning said, which invited a follow-up question as to what the numbers were.

"That means it's none of your g--d--- business," Bunning replied with a laugh. "If you paid the 20-grand for the poll, you can get some information out of it."

A new survey of Delaware from Public Policy Polling (D) should cause some level of concern for Democrats. In a possible match-up for Joe Biden's former Senate seat in 2010, Republican Congressman Mike Castle is currently ahead of Biden's son Beau, who was elected state attorney general in 2006.

The numbers: Castle 44%, Beau Biden 36%, outside the ±3.5% margin of error, though with high undecideds.

Among Democrats, who make up 51% of the sample, Beau leads by 54%-22%. Republicans, at only 29% of the sample, solidly back Castle by 75%-15%. And among others, at 20% of the sample, Castle has a lead of 53%-20%.

From the pollster's analysis: "Mike Castle has served in statewide office now for almost 30 years and that higher level of familiarity with Delaware voters gives him an advantage over Beau Biden. Biden's numbers would surely improve as he became more well known to voters in a statewide campaign but I'm sure the Democrats would nonetheless be quite happy for Congressman Castle to stay where he is."

Rep. Paul Ryan (WI), the senior Republican on the House Budget Committee, appeared on MSNBC's "Morning Joe" today to address the mounting criticism of his party as lacking an alternative approach to the financial crisis.

After host Joe Scarborough noted that MSNBC analyst Mike Barnicle's wife works for Bank of America -- and jokingly asked the congressman to "wind them down ... more slowly than other banks" -- Barnicle asked Ryan whether minimum capital requirements for banks should be lowered beyond their existing levels.

In response, the GOP congressman acknowledged that capital requirements have been "too liberal" during the past decade, echoing the warnings of economists who have criticized global regulators for overly relaxing the level of capital that banks are permitted to hold.

But what does Ryan think is the best way to bounce back from overly liberal capital requirements? Imposing more liberal accounting rules by suspending mark-to-market accounting practices that require rational valuation of toxic assets. The congressman's full remarks are after the jump.

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Allen Stanford may have been accused of orchestrating an $8 billion Ponzi scheme. But maybe things aren't all doom and gloom for his firm.

It looks like Stanford Financial is still hiring -- even in these tough economic times!

The company's Antiguan assets have been seized, but if you want to work in client services, IT, or security(!) on the island, you can still send in your resume.

Perhaps unsurprisingly, the firm doesn't seem to have any openings for accountants, or lawyers.

Way back in November, when Norm Coleman was calling upon Al Franken to concede the Senate race, one of the reasons he cited was the expense. "It's up to him whether such a step is worth the tax dollars it will take to conduct," Norm said at the time, saying that he would have stepped aside if he had been in Franken's position.

But take a look at this number: Secretary of State Mark Ritchie has told Time that a new election, for which Coleman is increasingly angling, would cost $3.5-5 million -- and the state is already trying to fix a multi-billion dollar budget deficit. "It's pure fantasy, pure baloney," said Ritchie.

Also consider that at the time Coleman was saying the state had to be spared the expense of a recount, Ritchie estimated that it would cost nearly $90,000. Deputy Secretary of State Jim Gelbmann just told TPM that the recount proper ultimately came in above estimates, at $120,000. This puts us in the low single-digits as a percentage of the cost of a new election.

Also, the state has to pay more after the recount proper, as a result of Coleman's lawsuit to overturn Franken's margin. In the time time since Coleman brought the election contest, the Secretary of State's office has put in another $55,000. And Gelbmann is sure that local election officials throughout the state and the courts have cumulatively had to put in far more than the total $175,000 that his own office has paid during the two periods.

Still, this doesn't sound like much compared to that price tag on a new election.

The Houston Chronicle has a takeout on Ben Barnes, the storied Texas power-broker who's been thrust back into the limelight through his work as Allen Stanford's Washington lobbyist.

Barnes -- who didn't return our call when we wanted to talk about this several weeks ago -- reveals one intriguing nugget about what he was up to on Stanford's behalf.

Reports the paper:

[O]ver the past year, [Stanford] was interested in having business taxed at the U.S. Virgin Islands tax rate rather than the U.S. rate, Barnes said. Stanford wanted legislation to promote investment in the Caribbean.

"This was not Allen Stanford's legislation. This was the U.S. Virgin Islands idea because they wanted more people to come down there, earn money there," Barnes said.

No such measure was approved either by Congress or the U.S. Treasury, he said.


It's unclear exactly what this means. Which businesses would this change have applied to? Stanford had assets in the Virgin Islands, but the major part of his business was based in Antigua.

But -- along with Stanford's opposition to efforts to crack down on offshore tax havens -- it's another small piece of evidence that goes to answer the question of what Stanford hoped to get out of his assiduous attention to American lawmakers.

Late Update: We overlooked this, but it seems that Stanford was in the process of moving his operation to the Virgin Islands. In February 2008, he announced plans to break ground on construction of the ominously titled "Stanford Financial Group global management complex," which would "serve as the head office for Stanford's operations in the Caribbean."

Lester Byrd, the Antiguan prime minister with whom Stanford had been worryingly close -- it was through Byrd that Stanford obtained his knighthood -- left office in 2004, and the Texan had chillier relations with his successor.

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