congress

Haha...funny

Quoted: Nobel Peace Prize winner and international symbol of freedom Nelson Mandela is flagged on U.S. terrorist watch lists and needs special permission to visit the USA. Secretary of State Condoleezza Rice calls the situation embarrassing, and some...

Has anyone been reading about the Dodd-Frank bill? It sounds like a really bad idea.

Quoted: Valliere said that the idea gaining the most support is a plan from Senate Banking Chairman Chris Dodd and House Financial Services Chairman Barney Frank. Both are Democrats.

Quoted: The proposal, likely to be introduced soon after Congress returns from the Easter recess next week, would have the Federal Housing Administration guarantee hundreds of billions of new, lower-cost loans to troubled homeowners. Many borrowers would see their total principal on these new mortgages reduced under this program.

Quoted: "I think there's a growing populist feeling that if you're going to bail out Bear Stearns you better bail out individuals," said Greg Valliere, political economist with the Stanford Group, a Washington think tank.

And I don't understand why people think the Feds loan to JP Morgan to buy Bear Stearns is a 'bailout'. Why do people think this?

God damn Congress.

Quoted: So what's so awful about the law? Well, like most "protect the children" legislation, it goes way overboard in terms of what people are expected to do, and like most legislation having to do with technology, seems utterly clueless about how technology works. The bill would require anyone providing an "electronic communication service" or a "remote computing service" to record and report information any time they "learn" that their network was used for certain broadly defined illegal activities concerning obscene images.

Excellent article. Wow. I must admit I didn't know much about Sen. Chuck Hagel before reading this article, but after reading it and watching the associated clips from C-SPAN, I can't help but think this man may be one of that rare breed , a true Statesman. I may not agree with much of his views, but here is someone who seems authentic and principled. Imagine that? Almost makes me want to run for office myself.

Quoted: "I have to say, Madam Secretary, that I think this speech given last night by this president represents the most dangerous foreign-policy blunder in this country since Vietnam -- if it's carried out. I will resist it."

click to play

Quoted: Can you find a law which requires you to file an income tax return? We can not find one. Did you Know the income is voluntary? Find out.... 1 hr 48 min 8 sec.

Here's a nice breakdown of the House's changes to the eavesdropping program.

Quoted: For one thing, as TPMmuckraker reported earlier today, under the bill, the primary role for the FISA Court is in issuing generalized surveillance warrants for "persons reasonably believed to be outside the United States."

Quoted: Democrats say Attorney General Alberto R. Gonzales has repeatedly attempted to deceive them.
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you think!?!??!

Quoted: Congress Closes 'Kiddie Tax' Loophole, A new law targets parents who gift assets to their children in order to avoid a higher tax bite.