Posts Tagged ‘Congress’

Someone Else’s Money

Posted by Eric B. on October 29th, 2009 under Economics, Healthcare, Politics, Small Government, Uncategorized Tags: , , , , , , ,  •  1 Comment

Let’s talk about what its like to do business with the government versus the private market.

Example 1:
The WSJ today (non-Op-ed for once ) discusses recent government involvement in the management of GM.  For example, as part of the plan to cut costs, GM proposed to close and cut ties with 1,300 under-performing dealerships.  But [...]

Will Any Politicians Act Responsibly?

Posted by Eric B. on October 21st, 2009 under Government Spending Tags: , , ,  •  1 Comment

Sorry about the rant, but I’m just angry.
I was reading about the plans to “extend” pieces of the stimulus package.  Mind you, this is not a “new” stimulus package (cause that would be political suicide), but simply an extension of the first one.
Proposed items include extending and increasing the homebuyer credit, extending unemployment benefits and [...]

Exploitation

Posted by Eric B. on October 1st, 2009 under Politics, Small Government Tags: , , ,  •  3 Comments

Rod Blagojevich was on Chelsea Lately a couple nights ago and his interview solidified what I think bothers most Americans about our political culture: Exploitation.
To define, to exploit is to abuse, take advantages of, or use other people for selfish purposes.  As it relates to politics, to exploit is when one uses their [...]

RTFB - Read the Freakin’ Bill

Posted by Mark on August 19th, 2009 under Politics Tags: ,  •  1 Comment

Congress is a body of people who were hired by US and paid by US (partially) to make important decisions that affect our lives. These decisions often reach into the future and affect the lives of our children and our children’s children. Some of the bills they vote on are over 1,000 pages long. Yet, [...]

Hypocrisy is Easy to Find in Washington

Posted by Jason on August 11th, 2009 under Democrat, Government Spending, budget Tags: , , ,  •  2 Comments

Remember this video where Rep Brad Sherman D-CA questions the auto executives if they flew on private jets to Washington?  It was the beginning of a lot more populist rhetoric from the House.

Well maybe you’ve heard about how the House of Representatives recently tucked a purchase of 8 private jets into a defense funding bill.  [...]

The Sky is not Falling! It’s Cooling!

Posted by Taylor on July 1st, 2009 under Democrat, Energy, Environment, Obama Tags: , , , ,  •  No Comments

A team of prominent atmospheric scientists sent this Open Letter to Congress today .
OPEN LETTER TO THE CONGRESS OF THE UNITED STATES: YOU ARE BEING DECEIVED ABOUT GLOBAL WARMING
You have recently received an Open Letter from the Woods Hole Research Center, exhorting you to act quickly to avoid global disaster. The letter purports to be from [...]

Looking Back to Bad Ideas

Posted by Eric B. on June 25th, 2009 under Politics, Small Government, Uncategorized Tags: , , ,  •  1 Comment

Congress spends a lot of time passing new bills, but how often and how much time do they spend looking back at the effect of these new laws? How often are bad bills repealed (or those that we have not been able to implement effectively)? I think doing so would be an extremely good [...]

Independence and Transparency

Posted by Eric B. on June 11th, 2009 under Investing, Politics Tags: , , , ,  •  1 Comment

Independence.  Most would agree that it is illusory rather than reality.
Whether we are talking about public accounting and clients, government representatives and campaign financiers, or traders and “inside” contacts - it doesn’t really exist.  And although some efforts are made to avoid conflicts of interest, the reality is that most people are looking for information [...]

Bait and Switch

Posted by Jason on March 24th, 2009 under Democrat, Media, Obama Tags: , , , , ,  •  2 Comments

We’ve already had these two posts on the AIG outrage and the ridiculousness of the Congress’ response.  What I think is more ridiculous, is how people are getting caught up in less than $200 million, some of which was probably earned, instead of focusing on the bigger issue…
AIG disclosed that it paid $105 BILLION (that’s right, [...]

Corrupt Collusion

Posted by Eric B. on March 20th, 2009 under Economics, Small Government, Taxes Tags: , , , , ,  •  3 Comments

For the last eight years, everyone has been discussing the far-reaching use of “executive power” by Bush and whether or not he overstepped its limits.  But what about the misuse of power when the executive and legislative branches collude? 
I’m extremely disturbed by the Bonus Tax Bill that the House passed yesterday.  It stipulates that any [...]