Tag: U.S. Congress

244-188

Bravo to the 177 Republicans, every member of the GOP in the house, and the 11 brave Democrats, who voted against the 819 billion Bankrupt the Nation Act of 2009.  This pork laden monstrosity may well serve as an example for future historians, along with the Bailout Swindle of 2008, as the culminating acts of fiscal

True Audacity

President-Elect Obama used the word audacity a lot in his rise to the presidency but how much audacity does it take to be a liberal state senator, representing a liberal district, in a liberal state? True audacity is going against the odds and against the consensus on pundits. That is exactly what Joseph Cao did

Rescue Packages & the Automobile Industry (II)

Last week, I questioned the wisdom of Congress making investments investors are unwilling to make in the automobile industry. Responding to similar arguments by smarter people, Jonathan Cohn suggested (citing a report showing productivity improvements in Big 3 factories) that the Big 3 are in the process of turning around, and that the bailout would