Keyword: 110th

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  • Obabma helped draw up Senate resolution that confirmed John McCain is natural born US citizen

    01/18/2016 5:06:16 AM PST · by ckilmer · 55 replies ^ | April 10, 2008 | US Senate
    Text of A resolution recognizing that John Sidney McCain, III, is a natural born citizen. This simple resolution was agreed to on April 30, 2008. That is the end of the legislative process for a simple resolution. The text of the bill below is as of Apr 30, 2008 (Resolution Agreed to by Senate). Download PDF Source: GPO III 110th CONGRESS 2d Session S. RES. 511 IN THE SENATE OF THE UNITED STATES April 10, 2008 Mrs. McCaskill (for herself, Mr. Leahy, Mr. Obama, Mr. Coburn, Mrs. Clinton, and Mr. Webb) submitted the following resolution; which was referred to the...
  • Obama inherited the mess NOT from Bush but himself and his party

    09/29/2012 8:10:57 PM PDT · by entropy12 · 26 replies
    email | Sept 2012 | unknown
    This article explains why Obama and democrats blaming president GW Bush for the inherited economic mess is a blatant lie.
  • 2010 Education Pork

    04/26/2010 7:17:19 AM PDT · by bs9021 · 106+ views
    Accuracy in Academia ^ | April 26, 2010 | Bethany Stotts
    2010 Education Pork Bethany Stotts, April 26, 2010 The 2010 Congressional Pig Book, released by Citizens Against Government Waste (CAGW) is out, and it exposes the considerable pork given to academia. “Sen. [Tom] Harkin [D-Iowa] has long been a determined crusader for pork,” states the Pig Book summary (pdf). “In a November 25, 2006 New York Times article, he claimed, ‘I happen to be a supporter of earmarks, unabashedly. But I don’t call them earmarks. It is “Congressional directed spending.”’” Harkin, who chairs the Senate Labor/HHS Appropriations Subcommittee, earmarked approximately $7.29 million “for the Iowa Department of Education” to run...
  • The Great D.C. Migration (Big Government® at work)

    01/20/2010 11:25:48 AM PST · by rabscuttle385 · 6 replies · 461+ views
    Americans move to where your money is. Every day thousands of Americans vote with their feet on the best places to live and work, and these migration patterns can tell a lot about state economies—and economic policies. United Van Lines has released its annual report for 2009, based on those the moving company has relocated across one state line to another, and the winner is . . . (snip) As for the biggest winner, well, our readers won't be surprised to learn that it was Washington, D.C. by a large margin. United Van Lines moved nearly seven families to the...
  • Sunday Morning Talk Show Thread 29 November 2009

    11/29/2009 5:13:57 AM PST · by Alas Babylon! · 137 replies · 5,397+ views
    Various driveby media television networks ^ | 29 November 2009 | Various Self-Serving Politicians and Big Media Screaming Faces
    The Talk Shows Sunday, November 29th, 2009 Guests to be interviewed today on major television talk shows: FOX NEWS SUNDAY (Fox Network): Sens. Jon Kyl, R-Ariz., and Evan Bayh, D-Ind.; former Gov. Mike Huckabee, R-Ark.; Howard Dean, former national Democratic Party chairman; Maj. Gen. Carla Hawley-Bowland, commanding general of Walter Reed Army Medical Center and the U.S. Army's North Atlantic Regional Medical Command.MEET THE PRESS (NBC): Bill and Melinda Gates, co-chairs of the Bill and Melinda Gates Foundation, and the Rev. Rick Warren, pastor of Saddleback Church.FACE THE NATION (CBS): Sen. Carl Levin, D-Mich.; former House Majority Leader Dick Armey,...
  • Chief of Unit Under Fire for Stevens Case Steps Down

    10/21/2009 6:52:41 PM PDT · by freespirited · 10 replies · 615+ views
    NY Slimes ^ | 10/21/09 | CHARLIE SAVAGE
    The chief of the Justice Department’s public integrity section, which came under fire for the botched prosecution of Senator Ted Stevens of Alaska, is stepping down from his position. The official, William M. Welch II, who became a subject of an internal inquiry into the handling of the Stevens case, will return to Massachusetts, where he was a longtime federal prosecutor, and resume his career in that role. William W. Taylor, a lawyer representing him, said in a statement Wednesday that Mr. Welch had decided to move back to Massachusetts “for family reasons.” “While the ultimate result in the Stevens...
  • McCain a booster as Romney works to win over skeptics [Romney convinced McCain to back TARP]

    09/30/2009 10:09:58 PM PDT · by rabscuttle385 · 80 replies · 3,691+ views
    The Boston Globe ^ | 2009-10-01 | Sasha Issenberg
    WASHINGTON - Mitt Romney had already sent out invitations for his Phoenix fund-raiser, offering supporters the chance to meet him in a Chase Field luxury box over a $300-per-person lunch or a $3,000 VIP reception. But when former rival John McCain called with an offer to be listed as host for the event in his hometown, Romney happily went back to the printer for a new invitation with McCain’s name emblazoned on it. Yesterday, McCain’s gesture helped Romney’s political action committee raise about $80,000. It also consummated an 18-month rapprochement between two competitors who battled for the 2008 GOP presidential...
  • Manufactured Healthcare Crisis

    08/16/2009 2:19:10 AM PDT · by givemELL · 23 replies · 1,801+ views
    The American Thinker ^ | August 16, 2007 | James Simpson
    As with the Democrat takeover of Congress in 2006, it was a disaster of epic proportions. With one shocking, enormous, blatantly partisan, self-serving and destructive proposal following on the heels of another, the sheer enormity of their power grab defies description. But as each new proposal moves forward, the hand of the Crisis Strategy becomes clear. If there were ever any doubt that Barack Obama personifies the Crisis Strategy, it should long since have been removed for anyone with a mind. Since so many Americans seem to have lost theirs, I address this to the rest of you. For with...
  • Bruce Bartlett : The GOP's Misplaced Rage (the person they should be angry with already left)

    08/13/2009 1:15:39 PM PDT · by SeekAndFind · 48 replies · 1,870+ views
    The Daily Beast ^ | 8/13/2009 | Bruce Bartlett
    Leading conservative economist Bruce Bartlett writes that the Obama-hating town-hall mobs have it wrong—the person they should be angry with left the White House seven months ago. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Where is the evidence that everything would be better if Republicans were in charge? Does anyone believe the economy would be growing faster or that unemployment would be lower today if John McCain had won the election? I know of no economist who holds that view. The economy is like an ocean liner that turns only very slowly. The gross domestic product and the level of employment would be pretty much the...
  • Rep. Green to require photo ID at town halls

    08/12/2009 3:07:07 PM PDT · by kingattax · 33 replies · 1,061+ views
    The Hill ^ | 08/12/09 | Mike Soraghan
    A Texas congressman, worried about disruptions at his town halls, wants to weed out people who want to attend but don't live in his district. Rep. Gene Green (D-Texas) has announced on his website that he will require attendees to show photo identification to get into his town halls to prove that they're his constituents. He said that he's doing so in response to a "coordinated effort to disrupt our town hall meetings." "While I regret this restriction, it is necessary for the safety and consideration of our constituents," Green said in a statement on his website. "Those who do...
  • (RAT Congresscritter) William J. Jefferson Convicted of Bribery, Racketeering, Money Laundering...

    08/06/2009 2:11:01 PM PDT · by Larry381 · 14 replies · 1,112+ views
    Department of Justice ^ | August 5, 2009 | United States Attorney's Office District of Columbia
    After hearing evidence for more than one month in a federal court in Alexandria, Va., a jury found Jefferson guilty on 11 charged counts, including solicitation of bribes, honest services wire fraud, money laundering, racketeering and conspiracy. Jefferson was acquitted on three counts of honest services wire fraud, an obstruction of justice charge and of violating the Foreign Corrupt Practices Act. U.S. District Judge T.S. Ellis III accepted the verdict and scheduled sentencing for Oct. 30, 2009. Jefferson faces a maximum penalty of 150 years in prison and the jury will reconvene tomorrow to address whether he will additionally face...
  • EDITORIAL: The Jefferson verdict

    08/06/2009 6:18:01 AM PDT · by rrstar96 · 25 replies · 1,329+ views
    The (New Orleans) Times-Picayune ^ | August 6, 2009 | Editorial
    Four years to the week after federal agents found $90,000 stashed in a freezer at his Washington home, former U.S. Rep. William Jefferson was found guilty Wednesday of putting his clout up for sale. The guilty verdicts on 11 of 16 corruption counts ought to at last lift the cloud that Mr. Jefferson's tawdry behavior has cast over New Orleans since the FBI raid Aug. 3, 2005. Oddly enough, the jury in Alexandria, Va., returned a not guilty verdict on the count involving the $90,000, which prosecutors said Mr. Jefferson planned to deliver as a bribe to the vice president...
  • William Jefferson Found Guilty On 11 Counts + FBI Undercover Surveillance Video Released (Video)

    08/05/2009 6:38:32 PM PDT · by Talkradio03 · 15 replies · 791+ views
    hotairpundit ^ | 8/5/09 | talkradio03
    Jefferson on camera taking briefcase full of cash from a trunk of Cadillac released from Foxnews
  • BREAKING NEWS: Jefferson Found Guilty (on 11 of 16 counts)

    08/05/2009 2:42:59 PM PDT · by NormsRevenge · 156 replies · 7,013+ views ^ | 8/4/09
    ALEXANDRIA, Va. -- Former U.S. Rep. William Jefferson has been found guilty of 11 of the 16 charges against him in a federal bribery and conspiracy trial. Jefferson was accused of accepting more than $400,000 in bribes and seeking millions more in exchange for brokering business deals in Africa.
  • William Jefferson (Democrat, Louisiana) verdict: Guilty on 11 of 16 counts

    08/05/2009 2:44:07 PM PDT · by Pyro7480 · 31 replies · 2,425+ views
    NOLA ^ | 8/5/2009 | Jonathan Tilove and Bruce Alper
    Former Democratic Congressman William Jefferson was found guilty of 11 of 16 corruption charges today by a federal jury. The jury of eight women and four men returned a guilty verdict following five days of deliberation....
  • Obama, Clinton, McCaskill ORIGINAL 'BIRTHERS' (April 10, 2008): Scrubbing McCain's NBC Status

    07/22/2009 8:09:58 PM PDT · by txhurl · 73 replies · 2,306+ views ^ | April 10, 2008 |
    SRES 511 ATS 110th CONGRESS 2d Session S. RES. 511 Recognizing that John Sidney McCain, III, is a natural born citizen. IN THE SENATE OF THE UNITED STATES April 10, 2008 Mrs. MCCASKILL (for herself, Mr. LEAHY, Mr. OBAMA, Mr. COBURN, Mrs. CLINTON, and Mr. WEBB) submitted the following resolution; which was referred to the Committee on the Judiciary April 24, 2008 Reported by Mr. LEAHY, without amendment April 30, 2008 Considered and agreed to -------------------------------------------------------------------------------- RESOLUTION Recognizing that John Sidney McCain, III, is a natural born citizen. Whereas the Constitution of the United States requires that, to be eligible...
  • Kentucky businessman dominates Jefferson trial

    06/20/2009 9:09:18 AM PDT · by jazusamo · 10 replies · 601+ views
    The Hill ^ | June 20, 2009 | Geoff Greene
    The first week of former Rep. William Jefferson’s (D-La.) corruption trial was dominated by testimony from the head of a telecommunications firm who said he paid thousands of dollars to the lawmaker for his influence. Kentucky businessman Vernon Jackson said Jefferson used his office to secure multimillion-dollar deals for the telecommunications firm iGate, and enriched himself in the process. Jackson is a star witness for the prosecution, which claims Jefferson used his office to help iGate in exchange for hundreds of thousands of dollars in bribes. Jefferson faces a maximum of 235 years in prison if convicted on all counts....
  • Key witness will not testify against former Rep. William Jefferson (Scared of a few RATS?)

    06/10/2009 5:01:58 PM PDT · by Libloather · 13 replies · 818+ views
    NOLA ^ | 6/10/09 | Bruce Alpert
    Key witness will not testify against former Rep. William Jeffersonby Bruce Alpert, The Times-Picayune Wednesday June 10, 2009, 5:26 PM ALEXANDRIA, VA. -- Lori Mody, the Virginia businesswoman who was expected to be the government's star witness in the federal corruption trial of former Rep. William Jefferson, D-New Orleans, will not be called to testify for the prosecution, lawyers said today. The judge was informed of the government's decision during a bench conference this morning that was not immediately made public. "We do not intend to call Lori Mody in our case in chief," lead prosecutor Mark Lytle said without...
  • Money Stashed in Freezer Is Key in William Jefferson RAT-LA Trial (which starts Tuesday)

    06/07/2009 10:13:12 AM PDT · by Libloather · 21 replies · 1,147+ views
    Washington Post ^ | 6/07/09 | Allison Klein
    Money Stashed in Freezer Is Key in Jefferson TrialBy Allison Klein Washington Post Staff Writer Sunday, June 7, 2009 The bribery and fraud case of former U.S. representative William J. Jefferson involves business ventures in seven West African nations, 16 criminal counts and a high-stakes legal battle over the raid of his Washington office. But when the trial begins Tuesday in Alexandria federal court, the case will be summed up to jurors with this key question: "Do you know the case of the congressman with the money in the freezer?" After nine terms in office, the Louisiana Democrat is most...
  • How Joe Biden Wrecked the Judicial Confirmation Process

    05/22/2009 7:30:39 AM PDT · by GOP_Lady · 23 replies · 1,451+ views
    The vice president can't complain if Republicans object to Obama's Supreme Court nominee. Vice President Joe Biden is widely praised for the expertise he brings in helping Barack Obama choose a replacement for retiring Supreme Court Justice David Souter. Having served for three decades on the Senate Judiciary Committee, he is considered an asset both for his relationships with committee members and his familiarity with the nuts and bolts of judicial nominations. So let's have a look at how the confirmation process actually fared under Mr. Biden's leadership. As a member of the Senate Judiciary Committee, Mr. Biden was present...
  • Top 15 Wealthiest Senators (From February 22nd, 2008)

    04/29/2009 11:03:47 AM PDT · by Lorianne · 23 replies · 2,274+ views
    About Politics ^ | February 22nd, 2008
    Who are the richest senators of the 110th congress? Names like Rockefeller and Clinton weren’t surprising but a few others were. What was a little surprising is the fact that the top 4 wealthiest senators are Democrats. And I thought the Republicans were the “rich, white guys”. We took the top 15 and listed their minimum and maximum net worth. We listed the Minimum Net Worth and a Maximum Net Worth because the disclosure forms that they are required to file don’t require exact amounts. 1 Herb Kohl (D-Wis) $219,098,029 $234,549,004 2 John Kerry (D-Mass) $165,741,511 $235,262,100 3 Jay Rockefeller...
  • Beck Claims Knowledge of 'Mafia Tactics' Used to Coerce Banks to Agree to TARP

    04/20/2009 6:29:01 PM PDT · by Rufus2007 · 14 replies · 1,642+ views
    NewsBusters ^ | April 20, 2009 | Jeff Poor
    Back in the fall, you would have thought from the media coverage of the TARP debate and its eventual passage that some sort of crime had been committed when the House didn't pass it the first time around. "CBS Evening News" anchor Katie Couric demanded to know from House Minority Leader John Boehner, "What in the world are you people doing?" on her Sept. 29 broadcast. However, there was a side to this that people never were allowed to realize behind closed doors during the debate, as Fox News host Glenn Beck explained. The "Glenn Beck Show" host on his...
  • Judge: Stevens prosecution worst in 25-year career

    04/07/2009 7:51:04 AM PDT · by Zakeet · 30 replies · 2,028+ views
    Associated Press ^ | April 7, 2009
    <p>A federal judge says in 25 years on the bench he's never seen anything as bad as the government's mishandling of the Ted Stevens corruption trial.</p> <p>U.S. District Judge Emmet Sullivan is expected to dismiss charges against the former Alaska senator on Tuesday. At a court hearing, Sullivan opened with a stinging summary of the many times the government withheld evidence or mishandled witnesses in the case.</p>
  • Documents In Stevens Case Are Requested

    04/06/2009 7:19:37 AM PDT · by La Lydia · 21 replies · 1,828+ views
    Washington Post ^ | April 6, 2009 | Del Quentin Wilber
    A federal judge yesterday ordered the Justice Department to give him documents concerning allegations of misconduct by the team that prosecuted former senator Ted Stevens (R-Alaska) on corruption charges. The order by U.S. District Judge Emmet G. Sullivan comes days after the Justice Department said it would ask Sullivan to throw out Stevens's conviction and indictment....During Stevens's trial, Sullivan repeatedly chastised prosecutors for their handling of witnesses and evidence. A jury convicted the senator in October of lying on financial disclosure forms to hide gifts and free home renovations. But since then, an FBI agent has filed a whistleblower complaint...
  • William M. Welch II: What will Teddy Kennedy get you if you eliminate a Republican Senator?

    04/05/2009 10:51:07 AM PDT · by Maelstorm · 23 replies · 3,681+ views ^ | April 2, 2009 | Smash Mouth Politics
    How about a nice cozy job as U.S. Attorney for the state of Massachusetts? Never know, but it doesn’t hurt to ask! From an article written February 12, 2009: “A former Springfield prosecutor who rocketed to a high-ranking spot in the U.S. Justice Department is vying for the top law enforcement job in Massachusetts….” “Welch, a registered Democrat [emphasis added], served in the Springfield U.S. Attorney’s office from 1995 to 2006, where he built a reputation as a brainy, unrelenting prosecutor….” “Historically, the senior senator [Fat Sir Teddy] from the president’s party picks nominees for U.S. Attorney and other senior...
  • Hatch says Stevens got 'screwed' (and the GOP lost a Senate seat because of it)

    04/01/2009 7:46:52 PM PDT · by tobyhill · 38 replies · 1,951+ views
    cnn ^ | 4/1/2009 | Alexander Mooney
    Utah Sen. Orrin Hatch said Wednesday his friend and former colleague Ted Stevens was "screwed" by the United States Justice Department, hours after Attorney General Eric Holder announced he was dropping all charges against the former Alaska senator. "Here's a guy who gave better than 60 years service to the country and was screwed," Hatch told reporters on Capitol Hill. "Screwed by our own Justice Department." Hatch went on to praise Holder for dropping the charges and "fixing this foul situation."
  • The Ted Stevens scandal

    04/01/2009 8:30:47 PM PDT · by St. Louis Conservative · 35 replies · 1,749+ views
    The Wall Street Journal ^ | April 2, 2009 | Editorial
    Last fall, the senior Senator from Alaska was the poster octogenarian for political corruption. As of yesterday, Ted Stevens is merely another casualty of abusive prosecutors out to make a name for themselves. The Justice Department yesterday moved to set aside an October conviction on ethics charges and forgo any future trials for Senator Stevens. He walks free, in other words, an innocent man. In the motion, Justice said it "recently discovered" that prosecutors withheld from the defense notes about an interview last April with the state's star witness, Bill Allen, that contradicted his subsequent testimony. Under the Brady Rule...
  • Palin Comments on Dismissal of Charges (against Stevens)

    04/01/2009 2:50:19 PM PDT · by euram · 68 replies · 2,536+ views
    FOR IMMEDIATE RELEASE No. 09-70 Governor Comments on Dismissal of Charges Against Stevens April 1, 2009, Juneau, Alaska - Governor Sarah Palin today released the following statement in response to the dismissal of the indictment against former U.S. Senator Ted Stevens: “Senator Stevens deserves to be very happy today. What a horrible thing he has endured. The blatant attempts by adversaries to destroy one’s reputation, career and finances are an abuse of our well-guarded process and violate our God-given rights afforded in the Constitution. It is a frightening thing to contemplate what we may be witnessing here – the undermining...
  • EXCLUSIVE: Obama raised cash after leaving Senate

    03/27/2009 12:47:29 PM PDT · by Free America52 · 24 replies · 1,673+ views
    Washington Times ^ | 03/27/2009 | Jim McElhatton
    President Obama continued collecting money for his 2010 Senate re-election campaign even after he resigned his seat from Illinois, including a maximum $2,300 donation the day after Christmas from a top executive of a Wall Street firm that had received a government bailout. Four contributions - $4,800 in all - were donated to the Obama 2010 fund on Dec. 26, according to Federal Election Commission reports. The money came from some of Mr. Obama's top presidential fundraisers: Bruce A. Heyman, managing director at Goldman Sachs, which received a $10 billion bailout last year; Steven Koch, vice chairman at Credit Suisse...
  • McCain: There's plenty of blame in AIG mess

    03/18/2009 9:26:38 AM PDT · by rabscuttle385 · 25 replies · 993+ views
    Despite contrary news reports, sources in the Obama administration insist they did not know until just last week that AIG was paying employees big bonuses. But it doesn't matter when they figured it out, said Arizona Senator John McCain. The Republican senator told the Fox News Channel the real screw-up is that the bonuses were allowed. "What's this, the fourth package that they've gotten of tens of billions of dollars and there was a provision, I'm told, that was an attempt to limit executive compensation and that was killed."
  • Obama Received A $101,332 Bonus From AIG

    Obama Received a $101,332 Bonus from AIG Posted by Dan Spencer Tuesday, March 17th 1 Comment Senator Barack Obama received a $101,332 bonus from American International Group in the form of political contributions according to The two biggest Congressional recipients of bonuses from the A.I.G. are - Senators Chris Dodd and Senator Barack Obama. The A.I.G. Financial Products affiliate of A.I.G. gave out $136,928, the most of any AIG affiliate, in the 2008 cycle. I would note that A.I.G.’s financial products division is the unit that wrote trillions of dollars’ worth of credit-default swaps and “misjudged” the risk. The...
  • California mulls probing senator over IndyMac crash

    03/09/2009 4:26:58 PM PDT · by Thebaddog · 12 replies · 1,044+ views
    Reuters ^ | Wed Aug 20, 2008 | John Poirier
    WASHINGTON (Reuters) - California's attorney general is reviewing a request by former employees of IndyMac Bancorp Inc to investigate whether a New York senator triggered the bank's collapse by releasing confidential information. At issue is a much-publicized letter that Chuck Schumer, a Democrat, sent in June to the Federal Deposit Insurance Corp (FDIC) and Office of Thrift Supervision (OTS) questioning the company's ability to survive. The FDIC took control of IndyMac on July 11 after depositors withdrew more than $1.3 billion over 11 days. It was the third-largest bank failure in U.S. history. At the time, OTS Director John Reich...
  • The Role of Congress in the Recession of 2008

    03/03/2009 5:20:47 PM PST · by Danae · 109 replies · 4,423+ views
    Myself ^ | 2/15/2009 | Danae
    The Role of Congress in the Recession of 2008 If we can but prevent the government from wasting the labours of the people, under the pretence of taking care of them, they must become happy. Their finances are now under such a course of application as nothing could derange but war or federalism. The gripe of the latter has shown itself as deadly as the jaws of the former. Thomas Jefferson, 29 November 1802 In 2008, the United States would enter a recession that was 32 years in the making. Actions taken by congress starting in 1977 would begin the...
  • Former RAT Rep. William Jefferson has earmarks in spending bill (corruption trial starts May 26)

    03/01/2009 2:43:17 PM PST · by Libloather · 3 replies · 554+ views
    NOLA ^ | 2/26/09 | Bruce Alpert
    Former Rep. William Jefferson has earmarks in spending billby Bruce Alpert, The Times-Picayune February 26, 2009, 5:21 PM WASHINGTON -- He is no longer a member of Congress, but former Rep. William Jefferson, D-New Orleans, is still delivering the bacon. Nearly $6 million for seven Louisiana projects sponsored or co-sponsored by Jefferson are included in a $410 billion spending bill approved by the House this week and now awaiting final legislative approval in the Senate. The spending covers the final seven months of the 2009 fiscal year for nine federal agencies. Largely put together last year, but not enacted because...
  • Fannie Mae posts huge 2008 loss, seeks new bailout

    02/26/2009 5:42:20 PM PST · by NormsRevenge · 32 replies · 1,054+ views
    AFP on Yahoo ^ | 2/26/09 | AFP
    WASHINGTON (AFP) – Troubled US mortgage finance giant Fannie Mae said Thursday it lost almost 60 billion dollars last year and expected to suffer more losses in 2009, and asked for a further 15.2 billion dollars in government aid. The US government-controlled Fannie Mae reported a loss of 25.2 billion dollars in the fourth quarter driven mainly by the effects of a prolonged housing slump and a global financial crisis. It had a third-quarter loss of 29.0 billion dollars. For the full year of 2008, the company posted a loss of 58.7 billion dollars, almost 27 times higher than the...
  • Beware of Cap and Trade Climate Bills

    02/26/2009 4:26:08 PM PST · by Oldeconomybuyer · 5 replies · 549+ views
    The Heritage Foundation ^ | December 6, 2007 | by Ben Lieberman
    America's Climate Security Act of 2007 (S. 2191), sponsored by Senators Joseph Lieberman (I-CT) and John Warner (R-VA), is the latest and fastest-moving "cap and trade" bill introduced in Congress this year. All such climate change measures warrant careful scrutiny, as they would likely increase energy costs and do considerably more economic harm than environmental good. A Costly Proposition These measures would set a limit, or cap, on carbon dioxide emissions from fossil fuel use. The effect of such a cap would be to impose rationing of coal, oil, and natural gas on the American economy. Each covered utility, oil...
  • Lindsey Graham: McCain's 'little jerk' [pre-election flashback]

    02/23/2009 2:07:31 PM PST · by rabscuttle385 · 21 replies · 959+ views
    Politico ^ | 2008-04-09 | Amie Parnes
    If anyone else called him “little jerk,” Sen. Lindsey Graham might be offended. But the jab comes from Sen. John McCain, so he wears it like a badge of honor. “If John’s not belittling you, you’re in trouble,” Graham said. “He calls me lots of other names, too, but they’re not appropriate for the newspaper.” McCain and Graham aren’t just friends. They’re inseparable, so much so that colleagues, staffers and journalists have begun making cracks about the relationship between the freshman senator from South Carolina and the man who would be president. Some call Graham a lapdog. Others say he...
  • DOJ removes Stevens' prosecutors

    02/18/2009 9:59:24 AM PST · by george76 · 4 replies · 934+ views
    Politico ^ | 2/16/09 | JOHN BRESNAHAN
    In a surprising move, the Justice Department has removed the prosecution team that won the corruption conviction of former Sen. Ted Stevens (R-Alaska) from any further litigation in the case... This comes after Judge Emmet Sullivan, who presided over the Stevens trial and continues to preside over post-conviction fights over the legitimacy of those proceedings, ruled that four DOJ lawyers, including Brenda Morris, chief prosecutor in the Stevens' case, and William Welch, head of DOJ's Public Integrity Section, were in contempt for failure to comply with his orders. Sullivan has been angered by the Justice Department's unwillingness to turn over...
  • Rahm's 'rent' is just the tip of the ethics iceberg

    02/17/2009 3:38:10 AM PST · by Zakeet · 62 replies · 3,258+ views
    New York Post ^ | February 17, 2009 | Dick Morris & Eileen McGann
    News broke last week that Rahm Emanuel, now White House chief of staff, lived rent- free for years in the home of Rep. Rosa De Lauro (D-Conn.) - and failed to disclose the gift, as congressional ethics rules mandate. But this is only the tip of Emanuel's previously undislosed ethics problems. One issue is the work Emanuel tossed the way of De Lauro's husband. But the bigger one goes back to Emanuel's days on the board of now-bankrupt mortgage giant Freddie Mac. Emanuel is a multimillionaire, but lived for the last five years for free in the tony Capitol Hill...
  • Banking's Big Question: Why Didn't Anyone Stop Them?

    02/15/2009 9:03:47 PM PST · by marshmallow · 12 replies · 852+ views
    The Observer (UK) ^ | 2/15/09 | Nick Mathiason, Heather Connon and Richard Wachman
    Every bank has risk officers. But amid the egos and clamour of a Square Mile boardroom scenting profits, the voices of caution were all too easily drowned out.It was the ultimate proof of the City's burgeoning power over New York. At least that's what it looked like when London-based Roger Nagioff replaced Wall Street's Michael Gelband as Lehman Brothers' global head of the firm's fixed-income division in May 2007. Dick Fuld, the chairman and chief executive of Lehman Brothers, told his PR minders to portray the appointment as a sign of how his booming empire had broadened into a truly...
  • Who Attacked Our Economy? Why Does No One Care?

    02/13/2009 5:45:51 AM PST · by rightwingintelligentsia · 91 replies · 3,221+ views
    Townhall ^ | February 12, 2009 | Diana West
    I want you to read something. It's a snatch of transcript from a Jan. 27 C-SPAN interview with Rep. Paul Kanjorski, D-Pa., that has received zero coverage in what we think of as the mainstream media. To set the C-SPAN scene, Kanjorski is harkening back to the middle of last September, when, as it happens, John McCain was enjoying his brief lead in the presidential polls and the economy as we knew it was imploding. Here's what Kanjorski said: "I was there when the Secretary (of the Treasury Hank Paulson) and the Chairman of the Federal Reserve (Ben Bernanke) came...
  • Democrats Halted Recovery, Derailed Economy Last Summer

    02/12/2009 11:23:00 AM PST · by AJKauf · 24 replies · 2,396+ views
    Pajamas Media ^ | February 12 | Tom Blumer
    January’s Employment Situation Report from Uncle Sam’s Bureau of Labor Statistics (BLS) was even worse than expected. Seasonally adjusted employment fell by 598,000 jobs and the unemployment rate rose to 7.6%. In his Saturday address that followed this news, President Barack Obama was correct in pointing out that 3.6 million jobs have been lost since the recession, at least as “defined” by the National Bureau of Economic Research (NBER), began. The recession, as normal people define it (”a decline in gross domestic product [GDP] for two or more consecutive quarters”), began in the third quarter of 2008 and became official...
  • Shocker: Electronic Money Market Run Nearly Destroyed US Economy

    02/11/2009 3:03:27 AM PST · by Halfmanhalfamazing · 203 replies · 8,588+ views ^ | February 10th | Rush
    RUSH: I want you to listen to this, Paul Kanjorski. He's a Democrat member of Congress from Pennsylvania. He was on C-SPAN's Washington Journal on January 27th. KANJORSKI: On Thursday at about 11 o'clock in the morning -- RUSH: Stop the tape a second. Go back and recue this. He's talking about September the 18th here. Let me tease you even further. September the 18th is the day last year that the world economy almost came to an end. Don't smirk. It's true, Snerdley. That's what Kanjorski is saying. So he's talking here about Thursday, September the 18th. KANJORSKI: On...
  • DeMint Introduces Consumer Products Safety Reform Bill

    02/05/2009 2:50:42 PM PST · by rabscuttle385 · 10 replies · 912+ views
    Legislation will protect families, charities and small businesses from regulations and lawsuits that could kill thousands of jobs. Today, U.S. Senator Jim DeMint (R-South Carolina) announced the introduction of a bill protect small businesses, charities and families by reforming the Consumer Products Safety Improvement Act of 2008 (CPSIA). Senator DeMint’s legislation would stop the most overreaching and burdensome aspects of CPSIA, slated to take effect February 10. Unless reformed, the new law will demand onerous testing for anything geared towards children age 12 and under. This mandate would fall on books, toys, clothing, hair bands, board games, sporting equipment, backpacks,...
  • Investor Confidence Falls Four Points to 60.0 [Rasmussen Consumer Index]

    01/27/2009 4:20:42 PM PST · by CutePuppy · 12 replies · 593+ views
    Rasmussen Reports ^ | January 27, 2009 | Rasmussen Reports / Scott Rasmussen
    Rasmussen Consumer Index Investor Confidence Falls Four Points to 60.0 The Rasmussen Investor Index fell four points on Tuesday to 60.0. That's the lowest level of investor confidence in over a month and barely above the all-time low of 58.5 measured in mid-December. The Investor Index is down eight points over the past week, down six points over the past month and down forty-six points over the past year. After falling for five straight days, the Rasmussen Consumer Index stabilized on Tuesday at 59.4. The Consumer Index, which measures the economic confidence of consumers on a daily basis, is down...
  • Twenty-five people at the heart of the meltdown ...(where is Bob Rubin?)

    01/27/2009 6:45:31 AM PST · by TigerLikesRooster · 25 replies · 1,695+ views
    Guardian ^ | 01/26/09
    Twenty-five people at the heart of the meltdown ... The worst economic turmoil since the Great Depression is not a natural phenomenon but a man-made disaster in which we all played a part. In the second part of a week-long series looking behind the slump, Guardian City editor Julia Finch picks out the individuals who have led us into the current crisis
  • Peter The Peasant Exposes King Henry (Peter Schiff quotes lined up w/ Paulsen's over 2 years)

    01/18/2009 2:46:03 PM PST · by Golddigger3 · 13 replies · 869+ views
    YouTube ^ | Oct '08 | Peter Schiff Videos
    Does anybody have text versions of quotes over a timeline exposing the fools and the sages of economic predictions?
  • More Than a Good Feeling- Giving Money to the Clinton Foundation

    01/13/2009 8:41:09 PM PST · by Steelfish · 2 replies · 516+ views
    Slate ^ | January 14, 2009 | Christopher Hitchens
    More Than a Good Feeling Why are so many oligarchs, royal families, and special-interest groups giving money to the Clinton Foundation? By Christopher Hitchens Bill Clinton speaks at the Clinton Global Initiative in Hong Kong Here is a thought experiment that does not take very much thought. Picture, if you will, Hillary Clinton facing a foreign-policy conundrum. With whom will she discuss it first and most intently: with her president or her husband? (I did tell you that this wouldn't be difficult.) Here's another one: Will she be swayed in her foreign-policy decisions by electoral considerations focusing on the year...
  • Bush regrets immigration reforms weren't approved [pushing amnesty to the very end]

    01/12/2009 4:59:05 PM PST · by rabscuttle385 · 175 replies · 3,455+ views
    AP via Google ^ | 2009-01-12
    HOUSTON (AP) — President George W. Bush told a group of Texas reporters Friday that he regretted immigration policies were not reformed while he was in office. "I'm very disappointed that it didn't pass," he said in an interview with correspondents from his home state. "I'm very worried about the message that said, 'Republicans are anti-immigrant.'"
  • Try a Little Honesty in 2009 - Why aren’t more of the fans of a Big Three bailout buying American?

    01/08/2009 11:19:23 AM PST · by neverdem · 39 replies · 1,534+ views
    National Review Online ^ | January 08, 2009 | Victor Davis Hanson
    January 08, 2009, 0:00 a.m. Try a Little Honesty in 2009Why aren’t more of the fans of a Big Three bailout buying American? By Victor Davis Hanson The country is still divided over the government bailout of the Big Three automakers. Mostly Democratic supporters cited the need to save jobs and ensure that a hallmark manufacturing industry remains healthy and American. Mostly Republican opponents complained that taxpayers were asked to subsidize serially incompetent management and a fossilized overpaid union workforce. So here’s a modest suggestion for proponents of the bailout: Start buying American cars. I travel frequently to bastions...