Congress

Despite Dodd-Frank, Nation Remains At Risk

March 28, 2012

The economic crash of 2008 spotlighted the cost of leaving derivatives unregulated, controlled by a few large banks. Despite the much touted reform of Wall Street by President Obama with passage of Dodd-Frank, the derivative market remains unregulated and thus still poses a threat of catastrophic economic failure as reported this week in an editorial [...]

Tagged as: banks, Derivatives, Dodd Frank Not Fully Enforced, Manufacturing At Risk, N.Y.Times, Pensions Remain At Risk

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Consumers Saying Bah Humbug!

December 16, 2011

As the race to the bottom of cutting profit margins by retailers continues despite the mainstream media’s hype to convince viewers and readers that the economy has turned a corner and consumer confidence has returned as evidenced by the sales on Black Friday/Cyber Monday, the truth of the matter is that it ain’t necessarily so. [...]

Tagged as: consumers and holiday sales, demise of middle class, demise of the middle class, holiday donations, Middle Class, problems with consumer driven economy, Reformed Liberal, savvy consumers, stock market, unemployment stats, why consumers are spending

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Occupy Wall Street Proposed Agenda #3: Term Limits Necessary To Rid System Of Career Politicians

November 23, 2011

The idea of citizen legislator is fundamental to our democracy, but has been slowly circumvented since the early 1980′s. Many worthy candidates have been dissuaded from running because of the emergence of one issue PAC groups. The result has been a disproportionate amount of true believers, on both the right and left, with the more [...]

Tagged as: Loss of Moderates In Government & Resulting Gridlock, Occupy Wall Street, PAC Groups, Political Movements and necessity to put words into action, proposed agenda for occupy wall street, Reformed Liberal

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Proposed Agenda For Occupy Wall Street #2: Lifetime Ban On Elected Officials & Their Staff From Being Employed As Lobbyists

November 21, 2011

The most notorious lobbyist in recent memory Jack Abramoff who had over 100 congressional representatives and senators in his back pocket and wielded power and influence unchecked for so many years has admitted the only sure fire way to limit lobbyist influence is to limit the career choices of elected officials after leaving office–put simply [...]

Tagged as: cleaning up washington d.c. one wrong at a time, jack abramoff, lifetime ban on elected officials and staff as lobbyists, lobbyists, Obama, Occupy Wall Street Rally, proposed agenda for occupy wall street, tax loopholes and post congressional careers, tax rates favor wealthy

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‘Fire, Indict, Fight’

September 20, 2011

James Carville, noted Democratic operative, on CNN last week advised the White House that the time to panic has come and a plan of action is needed. Here is my take on what Carville suggested as a complete change of direction for the Obama Administration: Firing–a lot of somebodies in order to rid the present [...]

Tagged as: CNN, Fight for Democratic Agenda, Fire White House Advisors, Indict 2008 financial scammers, James Carville, Reformed Liberal, Wall Street, White House Should Panic

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Who Left The Biggest Pile In The Sandbox?

April 10, 2011

I don’t know but it seems to me that the fighting over the budget going down to the wire not only isn’t a good way to do business, but is more reminiscent of trying to get youngsters to play nice in the sandbox. Each is concerned with building their own sandcastle rather than pooling their [...]

Tagged as: 2011 Budget, 2011 Budget Process, Democrats, Republicans, Tea Party

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State Deficits v. Unions

February 22, 2011

After hearing the reports and watching the demonstrations in Wisconsin, there seems to be some very important facts left out of this debate. First of all, the budget problems incurred at the federal and state levels are problems that have been the result of mismanagement. Management makes the budgetary decisions, not middle class workers. Poor [...]

Tagged as: collective bargaining, demagogue, Demonstrations in Madison, fall out of 2008 economic meltdown, government employees, Governor Scott Walker, Milwaukee County, politics and unions, Reagan and air controllers, Republicans, scapegoat, Scott Walker, Scott Walkers Presidential aspirations, state budgets, state employees, states budget woes, States Budgets, Tea Party, U.S. set to become Third World Nation?, Union busting, unions, Wisconsin, Wisconsin Governor's Risk-taking, Workers benefits

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Michele Bachmann Delivers Tea Party Response (VIDEO)

January 25, 2011

Telling NBC that she had been approached to give a response to the President’s State of the Union speech to a Tea Party audience, Congresswoman Michele Bachmann (R-MN) corrected the portrayal by the media that her speech signified a split in the Republican Party. Armed with charts, she attacked Obama’s Stimulus Package as a failure, [...]

Tagged as: Media Portrays Tea Party and GOP, Michele Bachmann's Response To State of Union, Tea Party and Michele Obama

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