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.
When Barack Obama campaigned for president, he claimed "I am running to tell the lobbyists in Washington that their days of setting the agenda are over. They have not funded my campaign. They won't work in my White House."
He promised there wouldn’t be lobbyists. Not a one. But less than a week into Barack Obama’s presidency (a week!), the White House had hired at least a dozen of them. They granted exceptions for some, and for others they exploited loopholes in the administration’s own self-written, self-imposed rules.
What?! Barney Frank is retiring from Congress? I'm surprised. Surely he could have stayed on and done even more damage to the American economy.
"I did no lobbying of any kind."
The bipartisan debt panel to nowhere is exactly where K Street lobbyists want it to be: hopelessly deadlocked. A November 23 deadline for agreement on $1.2 trillion in budget savings is looming, but no real reductions in the size, scope or spending of government are on the table. Instead, we are witnessing another obscene special-interest splurge to preserve the status quo. All in the name of "reform," of course.
Your Money at Work: Government Spent Billions on Studying Romance, Tax Cheating Federal Employees in 2013 | Katie Pavlich