Posts Tagged ‘Congress’

Flying High With Congress

At least there is still one corner of the country that’s still partying like it was 2005. Those lovable fellows on Capitol Hill have decided that the time is ripe to upgrade their personal airline. From the WSJ: Congress plans to spend $550 million to buy eight new jets, a substantial upgrade to the fleet […]

Congress Doesn’t Really Hate Golf

Remember the outrage about golf and banks sponsoring golf tournaments while they were recipients of TARP money. One would have thought that the game of golf (which I happen to love) was one of the roots of our economic demise. Well it turns out that the political class loves golf too, particularly when it can […]

Can Congress Level With The Public?

We all to some extent exist in separate realities. Normally they aren’t too different which allows us to co-exist with our neighbors. Every now and then they get radically out of line, communication becomes impossible and the state has to step in and control the party that has strayed too far from the norm. What […]

The Ordeal Of The Tarp 8

The House inquisition of the eight banking executives appears to be winding down-not that it should ever have been wound up. Predictably nothing was accomplished. Here are my observations for whatever they’re worth and they’re worth little more than the collective wisdom of our elected leaders that has been on display. The highlight of the […]

Congress Starts Redoing Fiscal Stimulus

Well that didn’t take long, did it? Even though they got sidetracked for a day or two by whether or not to seat a replacement for Mr. Obama’s seat, even though they knew they had no choice, Congress started to get down to the business they know and love best. Spending your money. Today marked […]

Let The Games Begin

The 111th Congress convenes on Monday. If you are in any sort of business, in fact if you are a citizen of this country or you happen to be a citizen of the world and believe that what happens in the U.S. has more than a passing impact on you then you might want to […]

Congress Considers Bailing Out Its Ethanol Mistakes

From yesterday’s WSJ, here is a foretaste of what’s to come as Congress and the new administration ramp up their stimulus plans next month. The Journal points out that the ethanol industry is on the ropes due to the collapse in the price of oil. Three of the major producers are near bankruptcy despite federal subsidies. So […]