Archive for Congress

NSA Eavesdropping On Americans And Bush’s BS War On Terror

Posted by nytexan

Bravo to Bush and all those patriots who said eavesdropping was vital to national security. In the Orwellian world of the Bush administration, the flag waving, constitution shredding obsession of so called “patriots,” Americans now have the pleasure of knowing that NSA has listened to US citizens. Happy now!
Once again, Bush and the 2006 lead [...]

Congress Needs To Take AIG’s $85 Billion Back

Posted by nytexan

In September when it was announced that AIG was in big trouble, Paulson set the wheels in motion for the $700 billion dollars bailout.  AIG received an $85 billion commitment from the government and the taxpayer would pay for their screw up. Apparently the event was so stressful for AIG CEO’s, felt they needed a [...]

Breaking: Senate Passes Rescue Bill

Posted by nytexan

Washington Post
By a vote of 74-25, the Senate just approved the revised version of the $700 billion Wall Street rescue bill rejected Monday by the House.
The bill now heads to the House for a vote, likely on Friday. Some of the revisions included in the Senate bill were designed to win the support of House [...]

Wall Street Twists and Turns in Agony, $1.3 Trillion Plunge

Posted by bosskitty

World reaction to the historic Wall St fall

For Stocks, Worst Single-Day Drop in Two Decades
US bail-out rejection stuns markets

‘Shocking scenes’
John Terrett, Al Jazeera’s correspondent in New York, said “I’ve never seen anything like this before.

IN DEPTH

The US bail-out package

“We’re seeing quite literally shocking scenes on the floor of the New York Stock Exchange.
“People [...]

John McCain And House GOP Blow Up Bailout Agreement

Posted by nytexan

John McCain’s rush to Washington to save our economy has only caused delay and damaged the bailout. A  bailout agreement was on the table before McCain landed and when the maverick arrived on Capitol Hill he managed to slam dunk it into the trash. What a maverick.
As McCain traveled to Washington, he probably missed the [...]

GOP Refuses To Extend Unemployment Benefits

Posted by nytexan

The GOP, the Grand Old Profiteers, have smacked down American families once again. In two consecutive days, the GOP voted against bills that would help Americans. Shocking I know. Yesterday, the GOP voted against Americans by sided with big oil companies and today the GOP voted against an increase in unemployment benefits.
Guess what the big [...]

Disconnected Bush Extorts Congress One Last Time

Posted by bosskitty

Eight years of distortion and extortion have changed the world. The lessons have been tragic and harsh. The final acts of President Bush will determine how hard it will be for the world to recover from all the bad parts of this fairy tale.

Last Word On The Economic Stimulus Controversy

Posted by bosskitty

Tax Rebate Exclusions Draw Fire
In its effort to keep tax rebate money out of the hands of illegal aliens, Congress ended up denying the rebates to hundreds of thousands of legal immigrants, U.S. military personnel and plain-old honest taxpaying U.S. citizens.
Under the tax rebate rules established by the IRS under Economic Stimulus Act, if [...]

When Democrats and Republicans Fail, Libertarians Go Mainstream

Posted by bosskitty

Bob Barr nominated Libertarian Presidential Candidate

Libertarian Party picks Barr as presidential candidate
DENVER (AP) — The Libertarian Party has picked former Republican Rep. Bob Barr to be its presidential candidate after six rounds of balloting.
Barr beat research scientist Mary Ruwart, who was the party’s presidential nominee in 1983 and vice presidential candidate in 1992. Barr left [...]

Bush Threatens To Veto Foreclosure Bill

Posted by nytexan

George Bush, the man who lives rent free, doesn’t pay for food, utilities or gas for all those White House SUV’s, plans on vetoing a housing bill that will help homeowners facing foreclosure.
Of course Bush and the GOP say that the bill will help lenders. It didn’t seem to bother the gang of crooks [...]

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