Why Aren’t the Banks Lobbying Over the Debt Ceiling?

By: Thursday July 21, 2011 7:33 am

he lack of any lobbying effort by the banks perhaps explains why things have gotten so chaotic. What Congress and the White House are accustomed to doing is taking their policy directions from corporate lobbyists, and then arranging the stagecraft so that they give the appearance we are operating in a democracy while working towards a predetermined end. Playing “pass the hot potato,” so to speak. Without that direction, all they know how to do is play out a crude game of brute force politics.

It may well be that the banks just stayed out of it for too long thinking everything would be fine, and now the game has taken on a life of its own, and intercession is impossible.

Sen. Gregg Admires California’s Budget Obstruction, Wants it for Whole Country

By: Wednesday July 7, 2010 10:32 am

The Hill has an article today talking about how much Republican Rep. Paul Ryan (WI) and Sen. Judd Gregg (NH) love what the Catfood Commission has been secretly scheming about. The fact that these two radicals admire what is happening in these private meetings is terrifying. But the article does contain an important detail about [...]

Obama Packs Debt Commission With Social Security Privatization & Benefit Cut Supporters

By: Monday May 10, 2010 8:39 am

President Obama has packed the Debt Commission (also known as the cat food commission) with members who have an overwhelming history of support for both benefit cuts and privatization of Social Security. The “National Commission on Fiscal Responsibility and Reform” is operating in secret over the objections of both parties. John Boehner and John Conyers [...]

GOP Tries to Scare House Democrats by Pointing Out Dem Senators Are Cowards

By: Thursday March 11, 2010 3:20 pm

The Senate Republicans’ strategy on health care reform right now is warning House Democrats that they will do anything to derail a set of reconciliation votes. All 41 Republicans have already signed a letter saying that they will vote against any waiver of the Byrd rule, and are clearly working through every possible route to [...]

Judd Gregg Proves The Depth Of Republican Hypocrisy On Health Care Reform

By: Thursday February 11, 2010 7:31 am

Sen. Judd Gregg (R-NH) has proven the total hypocrisy of the Republican party when it comes to the issue of health care reform with his newest press release. Gregg has asked Obama to ditch the current Senate bill and to start over with his blue print, which is almost identical. Gregg wrote: “There is significant [...]

FFEL: $80 Billion Wasted on Crony Capitalism

By: Friday February 5, 2010 5:53 pm

President Obama has proposed ending one of the more wasteful crony capitalism programs currently funded by the federal government. The government provides students loans in two ways–the first and most effective of which is to just directly loan money to students. This is done through the William D. Ford Federal Direct Loan Program. The other [...]

Expect An Extremely Long Health Care Debate

By: Wednesday December 2, 2009 2:04 pm

Politico has a letter sent by Judd Gregg (R-NH) to his Republican colleagues. It outlines the rights of the minority. There are some amazing potential delay tactics that I was not even aware of. (It is very much worth a read.) If the Republicans are willing to use all the tricks at their disposable to [...]