Senators Seeking to Delay, Water Down Wall Street Rules

By: Monday September 10, 2012 11:02 am

There has been a multi-stage reaction from Wall Street to the prospect of financial regulation, ever since the crash necessitated the need for the political class to act like they were doing something to rein in the financial sector. First the banks tried to water down the legislation which eventually became Dodd-Frank. Then they used [...]

Portman Conspiracy Theory Neglects Fact That Obama Administration Has Consistently Dragged Feet on Regulations

By: Friday August 17, 2012 12:55 pm

Spurned VP candidate Rob Portman has an opinion piece in the Wall Street Journal today arguing that the Obama Administration has delayed regulations from taking effect until after the 2012 elections, when the hellfire will come down and the jackbooted thugs at the EPA will force us to stop using our smart phones and eat [...]

Republicans Want to Validate Laffer Curve Through Dynamic Scoring

By: Friday September 23, 2011 10:14 am

Republicans on the Super Committee want to use a controversial technique to assess their recommendations, which would advance their ideological argument that tax cuts pay for themselves. While the chances of the Super Committee to actually generate recommendations with needed bipartisan support are remote, the success of the scoring method could have an impact on [...]

Kerry, Not Baucus, Weakest Link on Catfood Commission II

By: Thursday August 11, 2011 9:35 am

I was on the radio yesterday and I explained that Max Baucus is probably to the left of all the announced members of the Catfood Commission II, something the interviewer could hardly believe. But I think the available evidence shows this to be the case. He dissented from the original Catfood Commission because of Social [...]

Republicans Choose Their Interchangeable Parts for Catfood Commission II

By: Wednesday August 10, 2011 9:30 am

There were no real surprises among the choices made by John Boehner and Mitch McConnell for the Catfood Commission II. It’s perhaps interesting to note that Paul Ryan didn’t make the cut, but I guess Boehner figured that he’s toxic and therefore not a good face to put on the committee. Instead, Boehner picked two [...]

Pelosi: We Won’t Get Rolled Again (But They’re Rolling Themselves on the Bush Tax Cuts)

By: Thursday August 4, 2011 10:52 am

Being outside of Washington I don’t get invited to all the cool confabs, but apparently I missed Nancy Pelosi saying that Democrats won’t lose hostage situations again. The theme of the meeting was reluctance to re-hash or second guess debt ceiling strategy and attempt to get people to focus attention moving forward on jobs. But [...]

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