We The People of Longview, TX » U.S. Politics

The Dodd-Frank Bailout is Already Here

Cindy — Mon, 16 Aug 2010 01:13:34 +0000

On July 21, when President Barack Obama signed the Dodd-Frank financial regulation bill, he promised: “There will be no more taxpayer-funded bailouts. Period.” How long will this Obama promise last? Well, The New York Times reports today that “the Obama administration on Wednesday pumped $3 billion into programs intended to stop the unemployed from [...]

Summer of Bailouts

Cindy — Thu, 12 Aug 2010 04:05:47 +0000

White House press secretary Robert Gibbs did not give the White House daily press briefing yesterday. The stated excuse was a bad cough. But there was no mention of any flu-like symptoms when The Hill reported yesterday that Gibbs believes the “professional left” should be “drug tested” since they will only be satisfied “when we [...]

Federal workers earning double their private counterparts

Cindy — Thu, 12 Aug 2010 02:42:25 +0000

At a time when workers’ pay and benefits have stagnated, federal employees’ average compensation has grown to more than double what private sector workers earn, a USA TODAY analysis finds.Federal workers have been awarded bigger average pay and benefit increases than private employees for nine years in a row. The compensation gap between federal and private [...]

Summer of Bailouts

Cindy — Thu, 12 Aug 2010 02:05:01 +0000

Democrats gamble on midterm elections with more state funds

Cindy — Thu, 12 Aug 2010 01:56:05 +0000

By returning to Washington to give the green light to another round of taxpayer-funded state aid, congressional Democrats are betting voters will reward, rather than punish, them for helping their cash-strapped states cover the costs of health care programs and teachers’ salaries.

With the House abruptly interrupting its month long recess for Tuesday’s debate and vote, Democrats [...]

Freddie Mac requests $1.8B more in aid after 2Q loss

Cindy — Thu, 12 Aug 2010 01:42:56 +0000

WASHINGTON — Government-controlled mortgage buyer Freddie Mac is asking for $1.8 billion in additional federal aid after posting a larger loss in the second quarter.Freddie Mac (FMCC) said Monday it lost $6 billion, or $1.85 a r share, in the April-to-June period. The company is required to pay [...]

Shariah comes to the Supreme Court

Cindy — Sat, 07 Aug 2010 11:07:59 +0000

The Senate should not confirm Elena Kagan, because her views render her the first Supreme Court Justice who actively favors the introduction of Shariah law into national Constitutions and legal systems. To excuse themselves for voting for her confirmation, Senators of both parties have told themselves this vote for Kagan’s confirmation will [...]

Elena Kagan vote warns of battles to come

Cindy — Sat, 07 Aug 2010 10:57:19 +0000

Chosen by President Barack Obama for her ability to build consensus on a deeply divided Supreme Court, Elena Kagan didn’t have much of a unifying effect on the Senate.

Though it confirmed her Thursday as the newest justice by a 63-37 vote, Kagan has the dubious distinction of receiving one [...]

Lame Duck Session Is Happening

Cindy — Sat, 07 Aug 2010 10:45:46 +0000

The Deficit Reduction Commission will have its proposals back as soon as the election is over. It is intentional. They don’t want to drop off a politically unpopular set of proposals before the election, lest voters reject people who support them.

Instead, they’ll have the package of tax increases out right after the [...]

Watch NRA’s New Ad Opposing

Cindy — Wed, 14 Jul 2010 20:30:54 +0000

Friday, July 09, 2010 On July 1, NRA announced its strong opposition to the confirmation of Elena Kagan for the U.S. Supreme Court in a letter to the U.S. Senate.

Both her political career in the Clinton Administration and her testimony before the Senate Judiciary Committee make it clear that Kagan [...]