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Some Things I Don’t Get »

One would have to be living under a rock to not be aware of the struggles going on in Washington, SC, over the debt ceiling and the budget. Jay Leno used the following video to sum up the bickering on Capitol Hill: Uh, yeah. That sounds about right.

Time For Revisionist History – Again **OPEN THREAD** »

The new Congress will be sworn in, likely by the time you read this. There is a major shift in power in the House, from the Democrats to the Republicans. Speaker Pelosi returns to simply Congresswoman Pelosi, and Speaker-Elect John Boehner will be sworn in. But you know Nancy Pelosi did not go quietly into [...]

A Private Jet And A Car Care Tool »

One would be hard pressed these days to not know that many people in this country are struggling. New Unemployment claims continue to be over 400,000 weekly, and unemployment benefits have been extended to 99 weeks (yes, almost 2 years). The DOW continues to hover around 10,000. Home foreclosures are skyrocketing. People are struggling, they [...]

Pelosi, Reid and Congress Thrown Under the Bus? »

In their article Pelosi Vents About Gibbs, Politico writers Jonathan Allen and John Bresnahan shared that House Speaker Nancy Pelosi bashed White House Press Secretary Robert Gibbs Tuesday night, even as the president’s top spokesman continued to backpedal from his assertion that Democrats could lose control of the House in the November election. “How could [...]

Quotas In Financial Overhaul Bill Courtesy Of Rep. Maxine Waters »

Oh, you remember Rep. Waters, don’t you? Who could forget her comments regarding Fannie Mae and Freddie Mac? Just in case, here’s a reminder: Uh, um, hell yes, there was a big problem with Fannie Mae and Freddie Mac, Rep. Waters.

Tell Me Again Why Freddie Mac »

And Fannie Mae are not included in the big Financial Reform Bill? I am just curious since they helped create this economic situation in which we find ourselves, and have drained billions of dollars from the coffers over the past couple of years. Now they want MORE. Oh, yeah – Freddie Mac is asking for [...]

President Obama Wants YOU to Make Hard Choices »

President Obama made a visit to Ottumwa, Iowa Wednesday. As reported by Jake Tapper on ABC’s Political Punch: “We’re going to have to make some tough choices” about the deficit and national debt, President Obama said to a crowded gymnasium full of supporters at Indian Hills Community College, after a lengthy riff on how the [...]

Senate Subpoena and Media Coverage Followup »

Recently, I reported that Senators Lieberman and Collins subpoenaed the White House to have access to all of the information available on the Fort Hood Shooting, and Major Hasan. Well, the White House, Pentagon, and Justice Department have all said, “No.” Ah, such transparency: “We have repeatedly sought your departments’ cooperation,” they wrote. “Our efforts [...]

A Real Socialist Explains Why Obama Isn’t One of Them… »

CNN’s John Blake posted an article the other day that is just too rich to let pass without comment. CNN, certainly very Obama-friendly, was probably trying to do our President a solid by posting this piece in an effort to prove to the Tea Party activists and others who are not fans of Mr. Obama’s [...]

Fed Chairman Ben Bernanke on GDP And The National Debt »

I think we are in for a world of hurt. So does Chairman Ben Bernanke:

Are You “Tea Party” Angry? »

Who’s afraid of a little Tea Party? Everyone, fortunately. So says Kevin O’Brien of The Cleveland Plain Dealer, who correctly points out that while Tea Partiers may lean conservative, they are filled with more anti-incumbent fever (for both sides) than anyone would care to admit: Democratic officeholders should be afraid. Republican officeholders, too. For many [...]

Fannie And Freddie’s Lasting Impact **UPDATED** »

~~Bumped Up~~ The DOW continues to be on the rise, which is certainly some good news, particularly for investors. Unfortunately, that is not translating into new jobs. Quite the opposite, in fact. For the second week in a row, first time unemployment benefits have risen, this week close to half a million (484,000), a rise [...]

“The Heat Is On…” »

In light of the recent Health Care vote, the Tea Party marches, and the current sentiment in the country, I found this article by Peggy Noonan to be particularly timely: The Heat Is On. We May Get Burned. Political rage is a national problem, not a partisan one. So where are we? In a dangerous [...]

“I Told You So” (Update) »

Editor’s Update at 7:30 p.m.: Thanks to Larry Johnson, we have received permission to reprint Lynn Forester de Rothschild’s essay in full. Look for it tomorrow. About Barack Obama, as did many of us, but this person is Lady Lynn Forester de Rothschild, former Democratic Party activist and donor, not to mention a HUGE supporter [...]

Does President Obama Have It In For Las Vegas? »

AP reported today that President Obama once again told people they shouldn’t waste their hard earned dough in Vegas. Writer Oskar Garcia details the shock of several lawmakers as Obama carelessly singled out Vegas yet again. (Be sure to check out the video below the fold.) Their economy is based on tourism and his comments [...]