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Tag: Congress

Paul Krugman: Rick Perry's Economic Adviser

In practice it has turned out to be strongly redistributionist, but only because of its Ponzi game aspect, in which each generation takes more out than it put in. Well, the Ponzi game will soon be over, thanks to changing

Special Election Open Thread

Voters in New York City and Nevada went to the polls today to fill two vacancies in Congress. The polls have closed in New York City: Polls have closed in a New York City special election that will determine a

Axelrod: Take This Jobs Bill Or Shove It

President Obama’s campaign adviser David Axelrod told ABC News that the president is not interested in negotiating any parts of his jobs package but instead wants the congress to take the entire proposal as a package.

Obama Presents 'Jobs Bill'

During an event on the lawn of the White House, flanked by first responders, teachers and other public employees, President Obama presented what he calls the “American Jobs Act” urging congress to pass it immediately. “No games. No politics. No

The Cheat Sheet: Monday, September 12

Another poll has the Republican up over the Democrat by 6 in the race to fill Anthony Weiner’s former seat. As upsets go, to invoke V.P. Joe Biden, this would be a big f***ing deal. Stay tuned. A newly released

Flight 77 Pilot Chic Burlingame Remembered

Flight 77 Pilot Chic Burlingame Remembered

Capt. Charles Burlingame, or Chic, was a Navy veteran who grew up in Anaheim and spent years stationed at the Pentagon. He was killed by the four hijackers in the plane’s cockpit. It is believed they might have also been

Post Office Struggles Under Union Contracts, Retiree Costs

From the Associated Press: Postmaster General Patrick Donahoe is struggling to keep his money-losing organization afloat as more and more people are ditching mail in favor of the Internet, causing the lucrative first-class mail flow to plummet. Donahoe has a

Anniversary Post: 'Big Government' Rises Again

[Ed Note: This is the first post to run at BigGovernment. It was published two years ago today. It still seems relevant.] In 1995, President Bill Clinton stood before the nation and proclaimed, “The era of big government is over.”

Obama's Big Jobs Speech (An Annotated Version)

Last night the President started his reelection campaign for real by setting up the Republican Party to take a fall. Today he takes that act on the road. Allow me to put the entire speech into two sentences, “Hey Republicans,

The Obama Presidency: From Tragedy to Farce

Herman Cain probably had the best reaction to the President’s speech: “We waited 30 months for this?” My reaction yesterday was mixed. In some sense, I was almost embarrassed for the President. He demanded a speech to a joint session

How Will the Markets React to Obama's Jobs Speech?

[audio: http://newledger.com/podcasts/CoffeeandMarkets090911.mp3] Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss Barack Obama’s jobs speech, the chances of his proposal passing Congress and

Obama Speech: Unhappy Warrior Against Straw Men

Michael Barone in The Examiner: Barack Obama looked and sounded angry in his speech to the joint session of Congress. He bitterly assailed one straw man after another and made reference to a grab bag of proposals which would cost

THE SPEECH: The BIG Reaction-Updated

For the past several weeks, as the economic situation has deteriorated, the Obama Administration has shouted that they “get it,” they would have a plan, finally. Obama had two years with complete Democrat control of government and didn’t do anything

Maxine Waters to Obama: Treat Blacks Like Iowans

From Politico: Just hours before President Barack Obama addresses a joint session of Congress on his jobs plan, Rep. Maxine Waters (D-Calif.) is demanding the nation’s first African-American president prove he cares as much about unemployed blacks as he does

Feds Raid Solyndra Headquarters

From NBC Bay Area News: FBI agents armed with search warrants descended this morning on bankrupt solar company Solynrda this morning. The investigation comes after a request by the Department of Energy’s inspector general, FBI spokesman Peter Lee told NBC

Economists: Obama's Jobs Plan Won't Add Many New Jobs

From the Associated Press: First, do no harm. Economists say the most important part of the jobs plan President Barack Obama will unveil Thursday night is the renewal of two measures already in place–a cut in Social Security taxes and

Obama Jobs Plan: Dems Fear It's too Late

From The Hill: President Obama’s new effort to revive the ailing economy may be too little, too late, according to Democrats and liberal policy experts. They contend that Obama missed his chance to turn the economy around by November 2012,