Warren Buffett has a great op-ed in today’s Times, in which he says it is time for Washington to extend the “shared sacrifice” we hear so much about to the rich, including himself: OUR leaders have asked for “shared sacrifice.” But when they did the asking, they spared me. I checked with my mega-rich friends […]
Following up on my earlier post, Speaker Boehner was just handed another defeat: In a sign that some freshman Republicans were willing to cut military spending, the House voted 233-198 on Wednesday to cancel an alternate fighter jet engine that the Bush and Obama administrations had tried to kill for the last five years. The […]
The Defense Reauthorization Bill, which included repealing “Don’t Ask Don’t Tell”, just fell to yet another GOP filibuster: Senate Republicans on Tuesday blocked legislation that would have repealed the law banning gays from serving openly in the military. The partisan vote was a defeat for Senate Democrats and gay rights advocates, who saw the bill […]
Throughout 2009 we kept hearing about the need new and more wide-spread financial regulation. That’s when the market was down. Now that it is back up, it looks like new regulations might take a back seat: So what happened to Frank’s initial fervor? The stock market recovery — the Standard & Poor’s 500-stock index is […]
Here we are in 2008 and a Republican in Georgia wants to redraw the state lines to fix a problem from 1818: Nearly two centuries after a flawed survey placed Georgia’s northern border just short of the Tennessee River, some legislators are thirsting to set the record straight. [SNIP] “It’s never too late to right […]
Great! Why don’t the Iraqi parliament take another month off then! Iraqi legislators suspended parliamentary sessions Thursday until the end of the month because of the Muslim religious season _ the end of much-delayed efforts to pass U.S.-backed legislation aimed at achieving national reconciliation this year. Defense Secretary Robert Gates, meanwhile, welcomed a report from […]