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Tag Archives: lobbyists
Billions for Big Oil, Nothing for the Unemployed
We can’t afford to extend unemployment benefits, but: “…an examination of the American tax code indicates that oil production is among the most heavily subsidized businesses, with tax breaks available at virtually every stage of the exploration and extraction process.” … Continue reading
Posted in budget, Congress, Deepwater Horizon, economy, Gulf Oil Spill, lobbyists, Obama administration, oil exploration, Politics, special interests, Unemployment
Tagged Big Oil, BP, lobbyists, New Jersey, oil refineries, Robert Menendez, subsidies, tax breaks, Transocean, unemployment benefits
2 Comments
Senate Votes on Financial Regulation Amendments
Any time anything passes in the Senate by a vote of 96–0 I’m suspicious. Those numbers are usually reserved for meaningless proclamations declaring ‘National Be Kind to Puppies and Kitties Day.’ But such a vote took place yesterday on Sen. … Continue reading
Posted in bailout, Congress, Democrats, economy, financial reform, financial regulation, lobbyists, McCain, Politics, Progressives, too big to fail, Wall Street
Tagged audit, Chris Dodd, conservatorship, David Vitter, derivative trading, Fannie Mae, Federal Reserve, Freddie Mac, Lincoln, lobbyists, McCain, Russ Feingold, Sanders amendment, Shelby, study, Wall Street
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Pre-Existing Condition Loophole?
When Speaker Pelosi said of health care reform legislation on March 9 that “we have to pass the bill so that you can find out what is in it, away from the fog of the controversy,” I would guess she … Continue reading
Posted in Congress, health care, lobbyists, Politics
Tagged America's Health Insurance Plans, Baucus, Blue Cross Blue Shield, health care reform, Kaiser, Liz Fowler, lobbyists, pass the bill to find out what's in it, pre-existing conditions, Senate Finance Committee, Speaker Pelosi, WellPoint
2 Comments
Financial Reform? Don’t Count On It
While watching the Senate Banking Committee Kabuki theater on reforming and regulating the financial industry, keep in mind the findings of this study from Consumer Watchdog: * The financial sector is the largest source of campaign contributions to federal candidates … Continue reading
Who’s In Charge Here? Follow the Money
The Washington D.C. game of finger-pointing, blame-shifting, and buck-passing rolls on. Robert Reich in Thursday’s Salon: “Senator Chris Dodd, the chairman of the Senate Banking Committee, scolded Wall Street representatives at a hearing Thursday for sending “an army of lobbyists … Continue reading
Posted in Congress, Democrats, Financial Crisis, lobbyists, Politics, Wall Street
Tagged Chris Dodd, financial reform, lobbyists, Senate Banking Committee, Wall Street
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Democrats Schmoozing the “Fat Cats” They Despise (Allegedly)
The hypocrisy never stops. Senator Robert Menendez (D-NJ) in a press release last Wednesday following President Obama’s State of the Union address: “In the upcoming elections, voters will face a choice between Republicans who are standing with Wall Street fat … Continue reading
A "Deficit of Trust," Mr. President? Here’s Why
President Obama in last night’s State of the Union Address (emphasis mine): “We face a deficit of trust — deep and corrosive doubts about how Washington works that have been growing for years. To close that credibility gap, we have … Continue reading
