On a snowy Thursday in the nation’s capital – with little more than a week to go until Christmas – the Board of Governors of the Federal Reserve Bank decided once again to play Santa to a select group of businesses that included the world’s wealthiest corporations. And once again, average Americans are going to [...]
Yesterday, Scott Brown caved, and the Senate passed its “financial reform.” That story is at the top of every news web site.
But what the establishment media didn’t tell you – unless you waded through the details in a select few news articles or saw this fairly balanced short article in the Washington Post – is [...]
By now, readers of BigGovernment.com know that that the Democrats “Wall Street Bank” bill, which may get a final vote as early as this week, will reach far beyond Wall Street and ensnare businesses not typically thought of as “banks.” Stories here by this author and others have laid bare provisions of the Obama-Dodd-Frank-Everything’s-A-Bank bill [...]
There are many bad things contained in Chris Dodd’s Restoring American Financial Stability Act,” the financial regulatory “reform” bill that after filibustering for three days — with the assistance of Nebraska Democrat Ben Nelson — Republicans agreed to let come to the floor for amendment and debate.
Among its horrors are a massive new consumer agency with [...]
Liberal pundit Michael Kinsley once defined a political gaffe as an instance of a politician accidentally telling the truth. House Financial Services Committee Chairman Barney Frank, D-Mass., recently made a gaffe that fits Kinsley’s definition to a tee.
In a debate with Ralph Nader on MSNBC’s “The Ed Show,” in which Nader was accusing Frank of [...]
“They won’t be so opposed to it once they see what’s in it.” That’s the rationalization House leaders gave skittish Democrats to get them to walk the plank on Obamacare Sunday night.
But one of the first things millions of Americans will “see” is an effective 40 percent tax hike on the over-the-counter medicines – from [...]
With the focus this week on health care’s “home stretch” and concerns about government limiting the ability of ordinary Americans to make choices about medical treatment, another threat to freedom is accelerating that could harm Americans’ abilities to start a business, invest for retirement, and get affordable home and auto insurance policies. On Monday, after [...]
Capitol Confidential and Jim Hoft have done an excellent job laying out concerns with the potential “compromise” bill that comes out of Sen. Bob Corker’s negotiations with Chris Dodd. But when it comes to the destructive provisions that could come out of a Dodd-Corker deal, they may have just scratched the surface.
In addition to the [...]