The ban on earmarks is holding up quite well. Of course, now you don’t need earmarks, because now they are calling them “special provisions“. In the same fashion, Newt was NOT a lobbyist. Hat tip goes out to Senators Claire McCaskill (D) and Pat Toomey (R) for trying to hold their constituent feet to the […]
This is a hoot! Furious parents vented their anger at a headteacher who turned off his school’s heating on one of the coldest days of the year. Pupils at Ansford Academy in Castle Cary, Somerset, were forced to grip their pens through thick gloves and wear their coats and hats in class as temperatures dropped […]
The Congressional Republican are offering a budget “compromise“: “Republicans say the new revenue would come from limits on itemized tax deductions”… “The breakdown, according to aides: $250 billion from limits on itemized tax deductions, such as the mortgage interest deduction on second homes, and about $40 billion in money the government would save by changing […]
Answer: Here. and Here. The Volcker Rule, inserted into the Frank-Dodd financial regulations bill, as it turns out, did not have a definition attached to it. It was, as so much legislation has been over the last few year, incomplete and ill-defined. Now, the banks and financial institutions that are supposed to be held in […]
I’m not a fan of Tim Geithner by any stretch of the imagination, but I’m going to defend him here. He’s right that that the marginal increase being bandied about won’t have much of an impact on job creation at all (scaling back on onerous regulation would be much more effective). What really gets me […]
[Welcome Instapundit readers. Always grateful to have new eyes poking around here] Remember when Obama the candidate was refreshingly honest about his previous drug use in the past. Well, looks like the hopes and dreams of those who support personal freedoms and thought he would understand given his history have gone up in smoke! Remember […]
This. There is too much wealth concentrated in too few banks. Look at 1998… Ah, the consequences of the Glass-Steagal repeal. And you wonder why the dolts in Congress didn’t even consider bringing that back. Too damned hard untangling this mess! Can you imagine all those campaign funds they would lose out on? This is […]
Due to the brain-washing that goes along with politics, some people just have these blind spots when it comes to certain topics, driving them to mental paralysis when it comes to recognizing problems. For both Liberals AND Conservatives. the effect of government regulations on businesses is a sticky wicket. I can hear some of my […]
As expected, in reaction to the S & P downgrade, the stock market is taking a dive this Monday morning. In the midst of all this, I try to find some positive economic news to brighten my mood. It’s not there. The only thing I see is stupid piled on top of stupid. First bit […]