Senator Chris Dodd (D-Conn) in his post-“doing something”about our financial institutions orgasm: It’s a great moment. I’m proud to have been here. No one will know until this is actually in place how it works. But we believe we’ve done something that has been needed for a long time. It took a crisis to bring […]

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The more information that emerges about the oil spill, the more it looks to be a government induced problem, and not solely a matter of corporate irresponsibility (though I suspect that the likes of MSNBC and CNN will still spin it that way).  Neil King Jr. and Keith Johnson via The Wall Street Journal: BP […]

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Well, color me surprised.  The guy responsible for making sure that government financial decisons are sound is stepping down.

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A very long and impeccably researched expose on the Deepwater Horizon explosion and the immediate efforts to pinch the leak shows two very undeniable facts: Though people would blame “deregulation” for the oil leak, it wasn’t that there were not more than enough regulations that might have kept the explosion and resulting spill from happening, […]

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Awesome!  Buying local food is not always financially viable, so let’s fund it with a federal program.  Lyndsey Layton in The Washington Post concerning the federal government’s new program to fund mobile slaughterhouses to promote the Obama agenda of buying locally grown food: When Kathryn Thomas wanted to turn her sheep into lamb chops, the […]

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Mary Williams Walsh via The New York Times concerning states cutting back on public pensions: Illinois raised its retirement age to 67, the highest of any state, and capped public pensions at $106,800 a year. Arizona, New York, Missouri and Mississippi will make people work more years to earn pensions. Virginia is requiring employees to […]

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Wes Benedict, Executive Director of the Libertarian Party, in a statement concerning government reaction to the BP oil spill in the Gulf of Mexico: When President Obama gave his Oval Office speech on Tuesday, there was one important word missing: the word ‘liability.’ The president never mentioned that, thanks to liability caps provided by the […]

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Lori Montgomery and Brady Dennis of The Washington Post on the rejection of yet more spending: The Senate effectively rejected a slimmed-down package of jobless benefits and state aid late Thursday, rebuffing President Obama’s call for urgent action to bolster the economic recovery. Sens. Ben Nelson (D-Neb.) and Joseph I. Lieberman (I-Conn.) voted with a […]

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Joe Davidson of The Washington Post on the very late Government Efficiency, Effectiveness and Performance Improvement Act of 2009: In a display of what passes for government efficiency, the House didn’t manage to approve the Government Efficiency, Effectiveness and Performance Improvement Act of 2009 until 2010 was half over. Eager to jump on the efficiency […]

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Jon Stewart of The Daily Show on Obama’s hypocrisy of taking up of Bush era policies after decrying them in the run up to his election: Oh, I see.  You used to have a little.  Now you have a lot.

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