Remind me who it is again that is all chummy with the big banks…
After Democrats were making such a big deal over the vote for extending unemployment benefits, you’d think they would all make sure to be there for the vote.
With Congress basically working every other day and getting nothing done, you might expect that lobbyists are down and out right now. But it seems that even though Congress won’t be getting anything done in the new year, lobbyists are doing just fine.
So far, no one seems to be benefiting from the roll-out of Obamacare—no one except its architects.
Here’s what’s wrong with Washington: If it doesn’t negatively impact K Street, nothing’s going to change. Unfortunately, all too many of our biggest obstacles to recovery benefit K Street.
President Obama suffered a large, embarrassing loss in the Senate on a slew of gun-control bills. If this were a Republican president, they'd be sounding the lame-duck alarms on the nightly newscasts. But most media outlets can't do this.
I am in Manhattan because tonight is the first night of Passover and I will be at my aunt and uncle's house for the first night's Seder.
I despise the corrupt Washington game of obtaining unearned wealth thanks to the sleazy interaction of lobbyists, politicians, bureaucrats, and interest groups. So you can imagine my unfettered joy when reading about how this odious process is being curtailed by sequestration.
If you are the average Joe or Jane, chances are you feel your government doesn't pay much attention to you – and you're probably right.
This video from Crony Chronicles shows us what children are learning about federal government and the economy.
Indian gaming and other complex regulatory schemes usually generate “rent” or monopoly privileges that groups vie for a manner that is unproductive to society as a whole. When the government confers special benefits through regulation, wealth is channeled to lawyers and lobbyists but the overall economy shrinks due to the misallocation of resources.
To date, it’s been easy to ignore the various “Occupy” movements around the country. Protesters pitched their tents hither and yon (both legally and illegally) but could never explain what, exactly, they were protesting about.