After watching Harry Reid and his band of Merry Dems push through the 1,000 page, $800 Billion stimulus bill within 24 hours of its finalization I have a simple proposal:
Require that no legislation be brought to a floor vote until the final bill has been read by at least one member from each committee that [...]
There’s a fine essay by Alan Reynolds on the National Review site about all the Keynesian nonsense that’s passing for sophisticated discussion these days. He provides many examples of the current Keynesians contradicting their own statements and research. He also picks apart several of the underlying pieces of Keynesian fiscal policy.
The bottom line is that [...]
The media and the politicians are telling us that everyone knows we need to spend $1 trillion dollars as stimulus to the economy. Our uninquisitive media never seems to ask for proof and never seeks out other opinions. Such bravery on the part of the media, our watchdogs of democracy!
Maybe someone can explain to me [...]
From today’s WSJ:
Prepare to witness, then, the awesome capacity of an unreformed Detroit to consume taxpayer billions with nothing to show for it.
It’s a great line but I think it can be improved on:
Prepare to witness, then, the awesome capacity of an unreformed Detroit Democratic Congress to consume taxpayer billions with nothing to show for [...]
The Wall Street Journal, seemingly the only media outlet willing to report on Congress’s contributions to the financial mess, compiled a series of direct quotes from Congressional hearings. Some highlights:
House Financial Services Committee hearing, Sept. 25, 2003:
Rep. Frank (D., Mass): I do not want the same kind of focus on safety and soundness that we [...]
I am rather irritated by the recently passed Housing Bill. While I have sympathy for the people who are facing foreclosure, the reality is that most of them are victims of their own poor decisions. They elected to roll the dice on variable rate mortgage products because they were buying a house they really couldn't [...]
I realize that people of a left leaning persuasion often take great offense when their patriotism is questioned but a recent story provides yet another example of how they practically invite such questions.
Legislation meant to strengthen U.S. anti-propaganda laws recently passed the house and included a prohibition on "any form of communication in [...]