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Senate Democrat Profited from Housing Collapse
Big surprise. New York Democratic Senator Kirsten Gillibrand has been an outspoken supporter of banning insider trading in Congress, but she and her husband profited by betting against the housing and real estate market during the 2008 financial crisis… “We are entrusted with a profound responsibility by the American people to look out for their [...]
Report: Congressman Wally Herger to Announce Retirement
10. January 2012
Congressman Wally Herger (R-CA), who has represented the 2nd district since 1987, will reportedly announce his retirement tomorrow. He will serve out the remainder of his term but won’t seek reelection this November. The same report indicates Congressman Herger will endorse California State Senator (and conservative) Doug LaMalfa. LaMalfa served in the California Assembly from 2002 to [...]
Entire Senate Defies Obama, Votes to Sanction Iranian Central Bank
2. December 2011
The United States Senate voted unanimously this evening (100-0) to defy the Obama Administration and impose sanctions on the Iranian Central Bank. The administration had lobbied against the sanctions, arguing they could somehow jeopardize American relations with allies and fund Iran’s nuclear program. Exactly how the sanctions would so isn’t clear. In fact, the sanctions [...]
Bill to Ban Congressional Insider Trading Gains Steam
1. December 2011
I bet you thought insider trading was illegal for everyone. You would be wrong. Members of Congress — including former Speaker Nancy Pelosi (D-CA) — have raked-in millions of dollars on stock trades that would land anyone else in prison. They take advantage of insider knowledge, gained through their positions of power, to buy or [...]
Barney Frank: Repeal ObamaCare’s Rationing Board
29. November 2011
Oh my. Massachusetts Democratic Rep. Barney Frank announced on Tuesday his support for the repeal of the Independent Payment Advisory Board, a significant portion of President Obama’s health care overhaul. Frank…became the 12th Democrat, and the 212th member of the House, to co-sponsor Tennessee Republican Rep. Phil Roe’s bill aimed at repealing the IPAB. IPAB [...]
Republicans: You want “infrastructure” spending? Fund it by opening up ANWR
11. November 2011
House Republicans have a new proposal out today: If Democrats really want costly “infrastructure” spending that badly, why not fund it by opening up ANWR for exploration? It would bring in revenue, help get America off the foreign oil addiction, create jobs, and build that infrastructure we hear so much about. It’s a win-win-win-win. Democrats, [...]
House Democrat: I Hope the Supercommittee Fails
9. November 2011
We’re still hearing about how an unelected talk show host hoped Barack Obama would fail. So an elected and prominent House Democrat hoping the all-important deficit commission fails? Fair game. “I hope that they cannot reach an agreement,” Rep. Jerrold Nadler (D-N.Y.) said, according to Capital New York. Some Democrats have suggested that they might [...]
Hey, Democratic senator Jim Webb? Will you be endorsing Obama? Wait, where did you go? Hello?
4. November 2011
What a ringing endorsement from a moderate Democrat in a purple state! Democratic Sen. Jim Webb hesitates when asked if he’s going to campaign for President Obama next year. “Are you going to be campaigning for President Obama?,” ABC’s Jonathan Karl asked the senator from Virginia in the latest installment of the “Subway Series.” “We’ll [...]
Senate to Obama: Yet Another Destined-to-Fail Stimulus? Why, No Thank You
3. November 2011
In a bipartisan vote that saw Senators Ben Nelson (D-NE) and Joe Lieberman (ID-CT) cross the aisle to vote with Republicans, the U.S. Senate today rejected Barack Obama’s latest destined-to-fail stimulus bill. The final vote was 51-49. Sixty votes are needed to move on to debate and final passage. The legislation sought to borrow $60 [...]
House Overwhelmingly Votes to Reaffirm “In God We Trust”, Encourage Placement in Public Buildings, Schools
1. November 2011
The House of Representatives this evening overwhelmingly voted to reaffirm “In God We Trust” as the national motto of the United States, and to encourage the placement of the motto in public buildings, schools, and other taxpayer-funded institutions. The vote was 396-9. Just 1 Republican and 8 Democrats opposed the measure. Support was so bipartisan [...]
7. February 2012
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