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    Countrywide, Fannie Mae, Freddie Mac, AIG Who?

    [youtube]http://www.youtube.com/watch?v=1GoK0539Gl4[/youtube]As Congress builds its target list with any wage earner who makes over $250,000 and is even slightly tied to a company recieving TARP funds, let’s not forget who modified the $800 billion stimulus bill to formally recognize these bonuses in the first place. And this from Larry Kudlow: What … More

    There is Still Time, Senator: Fix the Stimulus

    According to Politico, CNN’s Dana Bash and Ted Barrett reported yesterday on how the $800 billion Stimulus bill managed to not only protect AIG’s bonuses; but a provision that would’ve prevented the executive bonuses was stripped. The obvious question is why these protections were put in place by Congress for … More

    A Second Stimulus or a No Cost Stimulus?

    Proponents of the $787 stimulus bill had only one complaint when President Obama signed the bill into law. It wasn’t big enough. While Speaker of the House Nancy Pelosi acknowledged yesterday that the stimulus plan needs time to work she also said, “You have to keep the door open” for … More

    Profiles In Conservatism: Aaron Schock

    NAME: Aaron Schock OCCUPATION: Member of Congress, 18th District of Illinois HOMETOWN: Peoria, Illinois Congressman Aaron Schock was elected in 2008 and is currently the youngest member of Congress. A title Schock is all too familiar with. In 2001, Schock was elected to the Peoria Public Schools District 150 school … More

    Carbon Dioxide Regulation Contradicts Stimulus Spending

    Recently, House Members have added a provision to the Omnibus bill that “allows the Interior Department to withdraw two Endangered Species Act rules (one on Section 7 consultation and another on polar bears) within 60 days of enactment.” There are two key questions to be addressed under this provision. 1.) … More

    Pence: 'Freeze Federal Spending Immediately'

    Washington – Congressman Mike Pence of Indiana, Chairman of the House Republican Conference, railed against government spending and lack of transparency at the Conservative Bloggers’ Briefing today at the Heritage Foundation. “We think it’s time the Democrats put our money where their mouth is,” he said. We’re advocating that congress … More

    Congress Bans Pay for Performance

    A small provision slipped into the stimulus (PDF) by Sen. Chris Dodd is making big waves in the banking and finance industries. The last-minute addition to the bill, which pretty much no one noticed until after the legislation passed both chambers, places sharp limits on bonuses available to top executives … More

    A Renewable Electricity Standard is Not Stimulating

    In delivering his speech on the Senate floor today, U.S. Senator Tom Udall, D-N.M is introducing a plan for even more green energy and more green jobs – on top of the stimulus package. The plan? According a release from U.S. Senator Tom Udall’s office, Tom continued his fight to … More

    The Stimulus, Energy Loan Guarantees, and Opportunity

    Congressional conferees reportedly stripped the $50 billion energy loan guarantee authorization from the final version of the stimulus package. Although most emissions-free sources would have been eligible for the program, removing it disproportionately affects large capital projects like nuclear energy. While this is viewed as a set-back from many in … More

    Green Energy, Green Jobs and Green Guarantees

    It’s no surprise the stimulus bill is loaded with green energy initiatives. Ideally, the bill can kill two birds with one stone by creating green jobs; it can solve our environmental and recessionary concerns in one fell swoop. But what have we learned so far? 1.) A green jobs initiative … More