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Tag: Congress

Boston Globe Calls for Ban on Congressional Insider Trading

The Boston Globe has joined the growing chorus of voices calling for a ban on congressional insider trading. From the Boston Globe: WHEN CONGRESS returns to Washington after New Year’s, a bipartisan proposal to ban insider trading by lawmakers should

Congress Gets Richer as Voters Struggle

From AFP: The wealth gap between members of Congress and ordinary Americans is growing larger, with nearly half of all lawmakers now worth more than one million dollars, according to US media reports Tuesday. US lawmakers are increasingly likely to

US to Hit Debt Ceiling in January

From AFP: The US government will hit its debt limit in the first week of January, the Treasury Department said on Tuesday, as it pointed to an imminent request for $1.2 trillion increase. The government is expected to come within

The Tea Party and Washington: Year One

In the year since the Tea Party arrived in Congress, the movement has managed to change the debate on Capitol Hill, but not the way Washington works. The Tea Party has stopped President Barack Obama and the Democrats from bailing

Surrender: House GOP Agrees to Two-Month Payroll Tax Holiday

WASHINGTON (AP) – Capping a full retreat by House GOP leaders, Congress will convene Friday in hopes of approving a stopgap measure renewing payroll tax cuts for every worker and unemployment benefits for millions–despite serious opposition among some tea party

BREAKING: Confessions of Perjury Inside DOJ

Today, PJ Media breaks a bombshell that an employee in the federal Department of Justice (DOJ) Voting Section, where I used to work, has admitted to lying three times under penalty of perjury during a DOJ Inspector General’s investigation. The

Tom Friedman's Losing Battle

For decades New York Times columnist Thomas Friedman balanced his substantively anti-Israel positions with repeated protestations of love for Israel. His balancing act ended last week when he employed traditional anti-Semitic slurs to dismiss the authenticity of substantive American support

Insider Trading: Wiretaps for You, Profits for Congress

CNBC Senior Editor John Carney asks: “Why is the government treating insider traders like mobsters?” As Mr. Carney explains, the Federal Bureau of Investigation and the Securities and Exchange Commission now use wiretapping to conduct insider trading probes, a move

Two-Month Payroll Tax Holiday Cannot Be Implemented Properly

From ABC News: Officials from the policy-neutral National Payroll Reporting Consortium, Inc. have expressed concern to members of Congress that the two-month payroll tax holiday passed by the Senate and supported by President Obama cannot be implemented properly. Pete Isberg,

Obama Really Is Just Another Politician

With the GOP debates mercifully coming to an end, the nation is getting ready for the 2012 elections starting with the Iowa caucuses in January. At this point, President Obama appears likely to face Mitt Romney (seemingly no one’s first

'Homeland' Finale Review: Anti-American to the Core

**The following contains a ton of spoilers** The first season of the Showtime series “Homeland” mercifully came to an end last night. I say “mercifully” because, while I will never get the hours I invested in the series back, I

'Edujobs' Dollars to Pay for Teacher Bonuses?

Remember back in August 2010 when Congress passed the $10 billion “Education Jobs Bill” to create or save some 300,000 teaching, police and firefighter jobs? Then-Speaker Nancy Pelosi said the legislation “has a direct relationship to the strength of our