The Congressional Oversight Panel has discovered youtube and you should too. Below is a video of Elizabeth Warren explaining, in layman's terms, the need and recommendations for Financial Regulatory Reform.
Tracking on Congress is like a sing along with 1 million people out of tune and out of sync. So, we'll do our best to give you the latest amendments, bill text and analysis.
The Bill
The bill title is American Recovery and Reinvestment Act of 2009.
This is war. Class war. Class warfare. Let's just call it what it is, for some reason the minute any person gets the title executive they somehow have entered some global boys club, thinking they can just rob the nation, their share holders and especially their employees blind...and it simply has to stop!
Sponsored by The Outsourcing Industry - By outsourcing, I got this blog post for just 2¢ not responsible for political incorrect statements, inappropriate content, material not appropriate for all cultures, cross border sourcing gives no warranties, and is not liable for content and if we are, good luck finding us, we're in another country. Can't read this, didn't think so, you're not supposed to be able to read fine print, that's the entire point. All parties not responsible for inaccurate display of fine print so it is actually readable
Good Morning! Rise and Shine! Get that Cup O' Joe...
break out the O.J....hang out with the pooch...time to check out the Funnies!
Stimulus, stimulus, everywhere the buzz word stimulus, but where is the devil, you know that creature who screws up the details?
Navigating the politics, the lack of analysis, the specifics and more importantly, the time line of effectiveness is not for the faint of heart. To that end we must start with the latest publicly available legislative text.
The Bill Text
The working title for the bill is, The American Recovery and Reinvestment Plan . The bill is also in a state of flux. The House states the bill will be formally introduced on 01/26/09.
For years on both sides of the great partisan divide, manufacturing as well as some members of Congress have been asking the administration to do something about China's currency manipulation. The Bush administration refused. See Geithner's answer on China's currency manipulation during the confirmation hearings:
What is Nationalization? It means to put under government ownership and/or control a private sector institution.
Like a grassroots tsunami wave, the blogs are now a buzz with the concept of nationalization of the banks. But we pointed out, months ago, by nationalization, Sweden had the best result and least pain during their financial crisis.
Tony has made a list of some of the nationalize now blog posts sprouting up like mushroom clouds in a nuclear implosion.
but where is the devil, you know that creature who screws up the details?
It's Friday Night! Party Time! Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!
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