The Kennedy brothers could have lived comfortably all their lives on their father’s liquor money. Instead, they took up the banner of ‘public service’ and wrapped themselves in it so tightly it suffocated them all. The oldest of the band was killed in WWII.
September 2nd, 2009 | Bill Bonner | 5 comments | ContinuedAll Posts Tagged With: "senate"
U.S. House of Representatives Passes Climate Change Bill
If the Senate bill is different than the House bill (and it almost always is, given the different agendas in both bodies and the need for more bribes), the two bills go to “reconciliation.” That’s where a committee made of members from both houses settles on a final compromise version of the two bills and sends them back to their respective bodies to be voted on. Then it gets sent to the President to become the law of the land.
June 30th, 2009 | Dan Denning | 21 comments | Continued
Bailout Bill Leaves Markets in Deep Freeze
Global share markets don’t look very convinced the U.S. Senate’s passage of a bailout bill will purge the financial sector of the bad debts which are killing it. Perhaps it’s because the Senate bill was such a joke. The plan, or FrankenTARP as we are now calling it includes restriction on judicial review, a suspension of the normal rules for drafting and debating legislation in front of Congress, and allows for the President and Treasury Secretary to come back as many times as they’d like for more. money.
October 3rd, 2008 | Dan Denning | 2 comments | Continued
Every Member of Congress Gets a Copy of I.O.U.S.A.
Addison and Short Fuse report that today is the day they will be sending a copy of companion book to I.O.U.S.A. to every member of Congress…
October 3rd, 2008 | Bill Bonner | 0 comments | Continued