World Bank Economist Blames America For Its Wealth
A World Bank economist is trying to shame the U.S. for being home to one half of the world's richest people, the so-called 1%. In reality, it's the world that should be red-faced for not creating wealth as America does. Bank chief economist Branko Milanovic has come out with a book called "The Haves and the Have Nots," whose purpose seems to be to argue there's something wrong about America having an outsized concentration of the world's wealth. Implied in the argument is that America's wealth comes at someone else's expense, and the solution is to have a bureaucracy redistribute it more ...
Obama’s unconstitutional “Recess” Appointee begins supervision of payday lenders
CFPB is going to be the biggest cluster*@k ever. They are chomping at the bit to rip companies to shreds. The new head of the Consumer Financial Protection Bureau wasted little time getting to work, using the agency's new powers to start supervising payday lenders and other firms outside the conventional banking system. The bureau's main goal will be ensuring that consumer loans, mortgages and other financial products are easier to understand, but the new director, Richard Cordray, warned companies that "transparency alone is not enough." "The consumer bureau will make clear that there are real consequences to breaking the law," Cordray said ...
Obama ♥’s Executive Fiat
via The Daily Beast Obama Embraces Signing Statements After Knocking Bush for Using Them Candidate Barack Obama criticized President Bush for using ‘signing statements’ to ignore the will of Congress. But Obama’s done the same thing 20 times since taking office, and his latest effort is rankling lawmakers As a candidate in 2008, Barack Obama promised that if he was elected president he would not issue obscure declarations known as signing statements that thwart the intent of laws passed by Congress. But as the president now seeking reelection in 2012, on at least 20 occasions Obama has embraced the same tactic he criticized George ...
What Democrats Have Said About Obama’s Unprecedented Recess Appointment
BACKGROUNDER: In The Past, What Democrats Have Said About Obama’s Unprecedented Recess Appointment Today Obama’s Recess Appointment Would Break 20 Years Of Precedent And Contradict A Brief Issued By The Clinton Justice Department Which “Obama’s Own Deputy Solictor General Cited Last Year.” “ President Obama is under strong pressure from liberals to use his recess-appointment power during the congressional break, but doing so would break 20 years of precedent, putting him in a tough position. Using this recess to appoint Richard Cordray to head the Consumer Financial Protection Bureau, as liberals have urged, would also contradict a brief issued by the ...
Is the Senate in recess? The Constitution says no.
Article One, section Five of the Constitution states: Neither House, during the Session of Congress, shall, without the Consent of the other, adjourn for more than three days... This presents a problem for President Obama, who claims to have just made a recess appointment when the Senate is not actually in recess. The Constitution says the Senate cannot recess for more than three days without the House's permission. The House has not granted permission, and as a result both houses have been holding pro forma sessions out of constitutional necessity. read the rest here: Is the Senate in recess? The Constitution says no. ...
World Bank Economist Blames America For Its Wealth
// Jan 6th, 2012
Obama ♥’s Executive Fiat
// Jan 5th, 2012
Is the Senate in recess? The Constitution says no.
// Jan 4th, 2012
GOP blasts Obama for ‘unprecedented power grab’ with appointment
// Jan 4th, 2012
Obama bypasses Senate to appoint new head bureaucrat for new agency that is not accountable to congress
// Jan 4th, 2012
RIGHT ON CUE: Soros: My Plan Could Save Euro
// Nov 21st, 2011
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