Archive | November, 2010

Pelosi Will Light Capitol Hill Christmas Tree

11. November 2010

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A departing gift for the woman who delivered to Republicans an early Christmas present: 60+ seats and a majority in the House. Merry Christmas to you too, Nancy. And may you be around to help give us another, bigger present in 2012. In one of her last official roles as Speaker of the House, Nancy [...]

Bachmann Drops Bid for Conference Chair

10. November 2010

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Michelle Bachmann (R-Minn) has dropped her bid for House Republican Conference chair, effectively ensuring that the role will be filled by Jeb Hensarling (R-TX), who received Bachmann’s “enthusiastic support” in her statement. Hensarling had been racking up endorsements from well-known conservative members like Paul Ryan, Ron Paul, Eric Cantor, and Mike Pence. Bachmman’s endorsement of [...]

We’re Not Yet Serious About Fiscal Responsibility

10. November 2010

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The more reactions I see to the deficit commission’s proposals the more convinced I am that it will take a Greece-style meltdown to convince people that things have to drastically change. Criticism of the plan is fine. I expressed my own concerns over some tax provisions. But I’m willing to listen, consider, and maybe even [...]

Deficit Commission Releases Recommendations

10. November 2010

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We won’t agree with all of them, of course, but it’s not terrible from what I can tell. Some of their recommendations: Reform entitlement programs. Reduce contributions to the UN. Charge fees at the Smithsonian and NPS. Sell excess federal property. Eliminate earmarks Merge Commerce Department and Small Business Administration. Cut federal workforce by 10%. [...]

Wow: Federal Spending Up 84% Under Obama

10. November 2010

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Representative Paul Ryan (R-Wis), the incoming chair of the House Budget Committee, has released an analysis showing that federal spending has increased by a whopping 84% under the Obama Administration. Republican Rep. Paul Ryan (Wis.), who is set to take over the House Budget Committee next year, said federal spending has increased a whopping 84 [...]

Obama Gives Another $150 Million to Palestine

10. November 2010

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Because we’ve got money to burn on aide programs for regions renowned for anti-American, anti-Israeli sentiment. (Reuters) – The United States will give an additional $150 million to the Palestinian Authority as Washington seeks to boost the fledgling government amid an impasse in peace talks with Israel, Secretary of State Hillary Clinton said on Wednesday. [...]

Obama: America and Indonesia are “Equals”

10. November 2010

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The global put-down-America tour continues. Yesterday, President Yudhoyono and I announced a new Comprehensive Partnership between the United States and Indonesia. We are increasing ties between our governments in many different areas, and — just as importantly — we are increasing ties among our people. This is a partnership of equals, grounded in mutual interests [...]

Speaker Boehner to Fly Commercial?

10. November 2010

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Jamie Dupree of Cox Radio quotes Speaker-to-be John Boehner (R-OH) as saying that he will continue to fly commercial rather than take possession of the military aircraft used to shuttle current Speaker Nancy Pelosi (D-CA) back and forth. Boehner: “I have flown back and forth to my district on commercial aircraft and I’m going to [...]

Sears to Be Open Thanksgiving Day

10. November 2010

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There’s no explanation as to why. But maybe things are bad enough that they need an extra half-day of sales? Whatever the reason, it’s historic. Sears will open on Thanksgiving Day for the first time in its 124-year history. The Hoffman Estates-based retailer will open stores from 7 a.m. to noon on Thanksgiving Day. Doorbuster [...]

Report: Chinese Economy Will Overtake U.S. Economy in Just Two Years

10. November 2010

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A new report from the respected Conference Board organization says the Chinese economy will attain larger purchasing power than the United Stats economy in just two years. Here’s a finding that will have any red-blooded American spluttering into his cornflakes. According to the Conference Board, a highly respected economic research association, China will overtake the [...]