Reporting on the Senate’s new housing bailout bill, the New York Times claims “Senate Republicans, in particular, had felt compelled to move housing legislation quickly after the Federal Reserve’s intervention to avert the collapse of Bear Stearns.” Apparently these Republicans are determined to prove that limited government intervention in the …
Explaining new Republican support for congressional action on housing, Sen. John Thune (R-SD) admitted to Politico: “You always want to be able to vote for something … Most people want to see us doing something and being responsive.” The “do something” mentality seems to be bipartisan on Capitol Hill as …
Despite claims from the opposition party that they won 50.3% of the vote from the weekend’s presidential election, Zimbabwe’s state-run newspaper claimed today that no one had reached 50% and that a runoff election between the 28-year incumbent Robert Mugabe and opposition leader Morgan Tsvangirai was likely. The International Herald …
Today the Senate Environment and Public Works Committee will hold an oversight hearing on the Interior Department’s delay in deciding whether to list the polar bear under the Endangered Species Act. Since the polar bear is an immensely popular megafauna, environmentalists hope that an endangered species listing for the bear …
Congress has returned from their spring break to mounting pressure to “do something” about the current financial turmoil. The Hill reports: “Republican senators have spent the recess hearing complaints from constituents about foreclosures and falling home prices, and they feel pressure to act by passing legislation.” Before Congress starts passing …
