President Obama may be one of the most divisive presidents of our lifetime. The President is set to sign a Financial Services Reform bill full of racial and gender preferences today. Clearly the lack of racial and gender preferences (and quotas) in the financial sector had nothing to do with the financial meltdown of 2008, yet the legislation set up a huge bureaucratic mechanism to force racial and gender preferences on | Read More »
Congress is preparing a massive push to get legislation passed this month before the long August recess. People prepare in different ways. President Obama prepared for the legislative push with a round of golf while the President’s Press Secretary Robert Gibbs blamed Republicans for all of the Obama Administration’s problems. This should be an interesting month of political posturing before Congress disappears for a month of | Read More »
Clearly, President Obama’s nominee to the Supreme Court Elena Kagan does not believe in a limited federal government. Senator Tom Coburn (R-OK) asked her whether the federal government has the power to tell Americans that they have to eat “three vegetables and three fruits every day.” Kagan declined to use that question as an opportunity to state that the federal government has limited powers and used the question as | Read More »
Elena Kagan’s nomination to the Supremes, TARP, Jr., Financial Services Reform and the passing of Senator Robert C. Byrd (D-W.VA) are all big issues this week in Washington. The Senate will vote on a motion to proceed to the TARP, Jr. bill and may take up Financial Services Deform. The House is expected to vote on a War Supplemental. All eyes will be on the | Read More »
Although no votes are scheduled in the House and Senate today, there was breaking news early this morning in the negotiations in the Financial Services conference. CNN Money reports: After a grueling 20-hour session, lawmakers early Friday finished melding the House and Senate Wall Street reform bills, bringing Congress closer to passing the most sweeping changes to the financial system since the New Deal. They | Read More »
Last month, Senator Pat Roberts (R-KS) called President Obama “thin skinned,” because of the President’s intolerance of criticism. Trait came out in an interview with the Today Show interview posted on Real Clear Politics yesterday: I was down there a month ago, before most of these talking heads were even paying attention to the Gulf. A month ago I was meeting with fishermen down there, | Read More »
This week is the last week of work for the House and Senate before the Memorial Day recess and these are the times when taxpayers should keep a close eye on elites on Capitol Hill. Keep an eye on all of the expensive ideas up for a vote, because this week could prove very expensive for the American people if Congress passes every “must pass” | Read More »
Financial Services “Reform” passed the Senate yesterday on a 59-39 vote. Now the question is what will happen next? What is the end game for this legislation? What will it look like when it is presented to the President to be signed into law? A conference between the House and Senate is expected in the next month to negotiate the differences between the house passed measure | Read More »
Elites in Washington are looking over their shoulders today. There is a new Scarlet Letter in America and it is the Scarlet Letter “I” for incumbent. If you are a Senate candidate running for re-election or a member of the House, both Republican and Democrat, you are nervous that the people of America will kick you out of office because you are part of the problem. Rand Paul, | Read More »
I should rename my post today — “Today in Little Rock, Arkansas” or “Today in Lexington, Kentucky” or even “Today in Pennsylvania” — because all eyes in Washington will be watching to see if incumbent Senators Blanche Lincoln (D-Ark.) and/or Arlen Specter (RD-PA) lose in their respective primaries. Also, inside the beltway eyes will be on Kentucky to see if Rand Paul, the ultimate outsider, can beat | Read More »
Solicitor General Elena Kagan will be making some house calls for one-on-one courtesy meetings with Senators. I can’t tell you how many times over the past two days I hear conservatives say “yeah, Kagan is bad, but if she is defeated or withdrawn, we will get somebody worse.” As many teams are finding out right now in the NBA and NHL playoffs, never look past | Read More »
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