The US House voted last night to approve the “Fiscal Cliff” bill. Since the deadline for the expiration of the so-called Bush tax cuts had passed as of midnight on 1/1/2013, a vote to approve the Fiscal Cliff Crisis…
Tag: Congress
Congress Must Adjourn and Go Home NOW
There is no substantive business of the people being accomplished in Washington, nor will there be until next year. So, Congress should, and MUST adjourn NOW and go home to be with their families and constituents for the commemoration and celebration of the…
Contemptible Holder
In all of American history, no sitting Cabinet member has ever been held in contempt of Congress. That all changed on Thursday last, when the House held an unprecedented vote on the nation’s top law enforcement officer, Attorney General Eric…
Insider Trading Legal for Members of Congress
If you are a member of Congress, there is no limit to how much money you can earn on insider trading. Why is that, you ask? Because members of Congress and their staffers are specifically exempted from insider trading laws.…
No More Bank Bailouts!!!
Are more US Government (pronounced US Taxpayer) bank bailouts on the way? Are we going to hear the “too big to fail” mantra again? Perhaps so. The default of Greece now appears imminent, Spain and Italy have had their ratings…
Will Congressional Republicans Stand Firm or “Compromise” Again?
On August 2, 2011, Congressional Republicans failed to stand firm on the promises made to their constituents and “compromised” (pronounced “surrendered”) to the Obama Administration. The Debt Reduction Act of 2011 was passed and gleefully signed by the president. After…
Starbucks’ CEO Should Stick To Brewing Coffee-The Sequel
Howard Schultz, CEO of Starbucks, in his latest departure from brewing coffee, blasted out an email on Friday last to hype his pledge to withhold political campaign contributions until a “transparent, comprehensive, bipartisan debt-and-deficit package is reached that honestly, and…
Obama on offense….or just offensive?
President Obama is either a student of Claus von Clausewitz or Jack Dempsey. Both have been credited with the statement that “The best defense is a good offense.” Yesterday President Obama rolled out his offense in his first news conference since…