John Conyers is now taking the position that no one at Friday’s impeachment hearing can accuse Bush or Cheney of any crime, or any impeachable offense, or dishonorable conduct, or even lying. He will shut the hearing down if anyone does accuse the bo
"The Mother of All Bailouts" Ron Paul talks about the bailout out of the housing industry and how it really just destroys the dollar and adds enormously to the debt. Also, ALL credit card transactions must now be reported to the IRS.
[Insuring wider price fluctuations and shortages pressuring prices up.] Congress may outlaw elements of oil futures trading that lawmakers found distorted demand and contributed to the 69 percent surge in prices in the past year.
For years, mortgage giants Fannie Mae and Freddie Mac tenaciously worked to nurture, and protect their financial empires by invoking the political sacred cow of homeownership and fielding an army of lobbyists, power brokers and political contributors
One important political impediment to holding Bush officials accountable for their illegal torture program: Key members of Congress sanctioned this program, so those who might ordinarily be counted on to lead the charge are themselves compromised.
Rather than re-examine the D.C. proclivity to play Civ II in the world's oil fields and block new investment, Reid et al have turned to the medieval practice of blaming sorcery, witchcraft, and speculation for economic ills.
Voters not affiliated with either party are the most critical of Congressional performance. Just 3% of those voters give Congress positive ratings, down from 6% last month. Sixty-three percent (63%) believe Congress is doing a poor job, up from 57% l
Democrats bent on showing they can govern and Republicans anxious about a sour re-election climate are pushing a pared-down summer agenda in Congress. Want to bailout mortgage lenders, stop Medicare cuts and keep the power to spy on
An influential Republican senator suggested that Congress might want to consider reimposing a national speed limit to save gasoline and, in turn possibly ease fuel prices. Congress in 1974 set a national 55 mph speed limit because they can.
A massive foreclosure rescue bill cleared a key Senate test Tuesday by an overwhelming margin, with Democrats and Republicans both eager to claim election-year credit for helping hard-pressed homeowners.
Conservative "Blue Dog" Democrats are concerned about how to pay for the measure, while members of the Congressional Black Caucus _ most of them liberal _ call it "unacceptable," arguing it doesn't do enough to address the nee
"a final deal has been reached" on FISA and telecom amnesty and "the House is likely to take up the legislation Friday." I've now just read a copy of the final "compromise" bill. It's even worse than expected. It
Hidden deep in Senator Christopher Dodd's 630-page Senate housing legislation is a sweeping provision that affects the privacy and operation of nearly all of America’s small businesses. Require the nation's payment systems to track, aggregate
The ACLU is joining with activists from the Ron Paul campaign, civil liberties writer Glenn Greenwald of Salon, and leading liberal bloggers to tell Congress that we will not let them ignore the Constitution or give immunity to telecoms.
Maybe your job is secure. Maybe you are out of the stock market. Maybe you aren’t waiting for a return on some real estate investment. The problem that hits everyone is inflation, which is roaring out of control in all the sectors we care about.
Three senators introduced the Global Poverty Act. They say we can lift over a billion people around the world out of poverty: most likely by sending the unfortunate lots of US tax money. In return, taxpayers will hear a lot of cool speeches.
Both men were charged with felony property damage. "Those walls will be seen as empty canvases to do artistic work," says Baringer. "But we will have to have it removed and the state — us taxpayers — will end up paying for it."
Judicial Watch, the public interest group that investigates and prosecutes government corruption, today released its 2007 list of Washington's "Ten Most Wanted Corrupt Politicians." The list, in alphabetical order, includes:
The Senate votes tomorrow on a particularly onerous piece of legislation: The Climate Security Act. It will affect neither climate, nor security. It will, however, affect your pocketbook in the confiscatory way we've come to expect from Congress.
As 5,000 AIPAC actvists ascend Capitol Hill this week, they will be pushing a multifaceted agenda with a clear bottom line: It's the sanctions, stupid. Some new wrinkles in the lobbying blitz that traditionally follows the annual American
"The Canadian government is secretly negotiating to join the US and the EU in an Anti-Counterfeiting Trade Agreement. The agreement would give border guards the power to search iPods and cellphones for illegal downloads, as well as to force ISPs
The heads of U.S. oil companies completed the second stage of their Congressional Big-Oil-Bash-Athon yesterday by answering questions from largely-economically illiterate congressmen–and women. Maxine Waters (D-CA) led the charge.
Congress enacted a massive farm bill Thursday with new and bigger subsidies for farmers, plus more food stamps for the poor. Both houses overrode the veto Thursday. Eager to begin Memorial Day vacation, the issue of helping starving countries was lef
Most of the great problems we face are caused by politicians creating solutions to problems they created in the first place. The public loses sight that for every created benefit, there's also a created cost or, as Nobel Laureate Milton Friedman
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