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Archive of posts published in the tag: Congress

The Upside of Pork

From The Atlantic, How American Politics Went Insane by Jonathan Rauch Congress has not passed all its annual appropriations bills in 20 years, and more than $300 billion a year in federal spending goes out the door without proper authorization. Routine business…

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Financial Regulation Needs to Solve the Whole Problem

The debate of financial reform is looking eerily like the debate on health care reform. In both cases both parties clearly see the need for change, and in both cases they disagree sharply on the means. When the financial meltdown…

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Burying the Blue Dogs

The threat of the Slaughter Rule to pass the Health Care legislation leaves us wondering if the cure to our health care problems is not worse than the disease.  It seems that there are only two reasons to resort to…

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Healthcare Suicide

With a substantial majority in both houses the Democrats are having a difficult time passing the health care bill. Either the bill sucks or the party leaders; Pelosi and Reid are political incompetents. While I agree that the bill is…

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What Did Not Cause the Financial Collapse

With the clarity of time we can look back at the brink of the collapse that hit us just prior to the last national election.  In the midst of the collapse we were stunned and angry, and tended to blame…

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Replace the FDIC with the CIIC

Here is an idea for our times. We create a Federal Agency called the Consumer Investment Information Corporation. It is funded by a fee on all banks and institutions needing an independent investment rating. It is governed by nine people;…

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The Other Side of the Microphone

Wall Street’s financial leaders have been paraded before Congress to explain their efforts to restore stability to our financial system. Obama has turned on the populist spigot to demonize Wall Street to justify bigger taxes and fees and hip shot…

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The Unemployment Number in Rebelyid Perspective

The job numbers reported for December were down -85,000; a very disappointing result. It seems layoffs are slowing down but no new hiring is coming on line.  I would like to take this opportunity to review my opinion on this…

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