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US National Debt Since 1977 By Congressional Composition
Tag Archives: Not A Dime’s Worth Of Difference
Top Dems urging Obama to raise debt ceiling all voted against increase in ’06
“On Friday the Democratic leadership of the Senate — Majority Leader Harry Reid, Assistant Majority Leader Richard Durbin, Conference Chair Charles Schumer, and Conference Secretary Patty Murray —wrote to President Obama urging him to unilaterally raise the debt ceiling in the event that Republicans either block such an increase or attempt to pass one ‘as part of unbalanced or unreasonable legislation.’ Put aside the picture of leading lawmakers, usually so jealous of their constitutional prerogatives, asking the president to ignore Congress. Every one of the letter’s signers voted against raising the nation’s debt ceiling just seven years ago.”
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Senate votes to extend warrantless wiretapping powers
“The law was set to expire at midnight on Friday, but the Senate’s vote means it will almost certainly be extended through December 2017. The extension continues warrantless wiretapping powers that apply even in the event that one person participating in the communication is an American citizen, despite the Fourth Amendment’s requirement for court oversight. It was originally passed in 2008 as a means of granting top Bush administration officials and the telecommunications companies legal immunity against suits over wiretaps that even the former president once claimed to be illegal.”
http://www.rawstory.com/rs/2012/12/28/senate-votes-to-extend-warrantless-wiretapping-powers/
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Congressmen are Twice as Rich Now as They Were in 1984
“The rest of us are actually poorer. NYT reports that the median net worth of a member of Congress climbed 15 percent from 2004 to 2010, to $913,000; meanwhile, the median net worth for all Americans dropped 8 percent over that same period, to roughly $100,000. The lawmakers’ gains are even more noteworthy because over that same period the net worth of the richest 10 percent of Americans remained essentially flat, based on inflation-adjusted figures, says Slate. More regulations and more Wahington D.C.-based power centers result in many more wanting to influence congressmen, legally or illegally.”
http://www.economicpolicyjournal.com/2012/12/congressmen-are-twice-as-rich-now-as.html
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Glenn Greenwald: Obamacare architect leaves White House for pharmaceutical industry job
“Whatever one’s views on Obamacare were and are: the bill’s mandate that everyone purchase the products of the private health insurance industry, unaccompanied by any public alternative, was a huge gift to that industry. More amazingly still, when the Obama White House needed someone to oversee implementation of Obamacare after the bill passed, it chose a former health insurance industry executive. Now, Liz Fowler is once again passing through the deeply corrupting revolving door as she leaves the Obama administration to return to the loving and lucrative arms of the private health care industry.”
http://www.guardian.co.uk/commentisfree/2012/dec/05/obamacare-fowler-lobbyist-industry1
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Obama’s inauguration committee to accept corporate cash
“President Obama’s inauguration in January will be funded in part by corporate cash, a reversal from 2008 when he declined corporate donations and capped individual donations to $50,000. Donations from both corporate donors and individuals to the 2013 Presidential Inaugural Committee will not have an upper limit, although the committee will not take funds from PACs or lobbyists. President of Public Citizen, Robert Weissman, told the Post, ‘It’s not a bribe’ but ‘they’re going to expect access and the ability to have their views heard more favorably than they otherwise would be. And that’s not how the system should work.'”
http://www.rawstory.com/rs/2012/12/07/obamas-inauguration-committee-to-accept-corporate-cash/
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Ron Paul: 0% Chance Of Grand Bargain Over Fiscal Cliff
“U.S. Representative Ron Paul, a Texas Republican, talks about U.S. fiscal policy and prospects for political compromise on the nation’s budget deficit and debt. He speaks with Trish Regan on Bloomberg Television’s ‘Street Smart.'”
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Woman blames husband for Obama win, runs him over with car
“Holly apparently believed that Daniel’s failure to exercise his right to vote had caused President Barack Obama to win re-election, and thought that a second Obama term would be bad for their family, according to local news sources. Witnesses said Holly chased Daniel in her Jeep while he was on foot, all the while yelling at him. Holly then struck her husband with the SUV, pinning him between the car and the light pole. Holly was taken to jail on charges of aggravated assault and domestic violence, while Daniel was taken to a hospital to treat ‘critical’ injuries.”
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The Voters Who Stayed Home
“Truth be told, most of today’s GOP does not believe Washington makes things worse. Republicans think the federal government — by confiscating, borrowing, and printing money — is the answer to every problem, rather than the source of most. That is why those running the party today, when they ran Washington during the Bush years, orchestrated an expansion of government size, scope, and spending that would still boggle the mind had Obama not come along. No matter what they say in campaigns, today’s Republicans are champions of massive, centralized government.”
http://www.nationalreview.com/blogs/print/333135
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Obama’s Hammer and the Progress of The Daily Bell
“If both the political and economic legs of the US republic’s three-legged ‘stool’ are eroding, that leaves one sturdy leg, the US military. There’s no doubt in my mind that as political consensus continues to erode and the US economy continues to grow worse in many ways that the powers-that-be will lean more and more on US civil and military policing to provide ‘social glue.’ The US, under Obama’s next four years, may become increasingly militarized and even more aggressive, if that’s possible, from an interventionist standpoint. It is possible in four years time we may not recognize what the US has become.”
http://www.thedailybell.com/28278/Anthony-Wile-Obamas-Hammer-and-the-Progress-of-The-Daily-Bell
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