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Showing posts with label United States Senate. Show all posts
Showing posts with label United States Senate. Show all posts

Thursday, December 22, 2011

Boehner’s biggest boner

WASHINGTON, DC - AUGUST 01:  U.S. Speaker of t...Image by Getty Images via @daylifeSpeaker of the house John Boehner may have just made the biggest political boner of all times. He and his tea party counterparts have seriously underestimate the disdain the American people have for congress. Does he not recognize the approval rating for congress is 11%.

He and his party voting to increase taxes on a 160,000,000 Americans is just political suicide.  Their refusal to pass the payroll tax cut citing they want a year’s extension not the two months contained in the Senate bill is plain and simple B.S. That spin will not be bought by the independent voters, which both parties desperately need to win the November elections.

The evidence is clear. The congress sent a payroll extension bill up to the senate, which contained nine poison pills designed specifically to make the senate reject it.  Here is a partial list of these poison pills:

If passed the State Department would have been prevented  from finishing its review of the Canada-to-Texas Keystone pipeline, and mandate its construction.

If passed the bill would let individual states bar people from collecting unemployment benefits unless they submit to drug testing.

The bill would strip the EPA of authority to regulate incinerators and boilers.

The bill removes $8 billion from the health care act.

89 Senators(including 80 % of the Republican senators) rejected the House plan and sent back a two months extension which Mr. Boehner’s tea party (read Eric Cantor) promptly rejected. In fact would not even let the Senate bill come to a vote. So Mr Boehner, or should I make this statement to Mr. Cantor as he seems to be the one in charge, we the people are not buying what you are selling.

Stay on Track, Money Magazine Hoss

Next Hoss Cents Free Financial Money Magazine Post Dec. 2011

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Sunday, January 31, 2010

Job Creation Number One Focus in 2010 Obama

WASHINGTON - JANUARY 20:  President Barack Oba...Image by Getty Images via Daylife


In his weekly address to the nation President Obama promised that job creation will be his administrations number one focus in 2010. He stated that even though during the last quarter the economy grew more than at any time in the previous six years, one in ten Americans is unemployed. Therefore, more must be done to provide jobs for …"folks who want them". To this end President Obama has proposed the following incentives:

  • Tax credits for business who hire new workers, raise wages, and invest in new plants and equipment
  • Eliminate capital gains on small business investment
  • Assist small business in obtaining loans
In addition President Obama pointed out that "it is critical that we rein in the budget deficits we’ve been accumulating for far too long". Therefore he has proposed a spending freeze that will cut spending on programs that are redundant, obsolete or ineffective. He also indicated his pleasure that the Senate has restored the pay-as-you-go law.

Last but not least he has called for a bi-partisan Fiscal Commission – a panel of Democrats and Republicans who would sit down and hammer out concrete deficit-reduction proposals by a certain deadline. He pointed out 53 Democrats and Republicans voted for this commission in the Senate. But it failed when seven Republicans who had co-sponsored this idea in the first place suddenly decided to vote against it.

The Hoss believes this move by the Republicans was strictly political and is a clear indication of their unwillingness to work together with the Democrats for the benefit of all Americans. They would rather do what ever it takes to score political points than be creative and work as a team for the benefit of all.

They are indeed the party of no "no cooperation".

Stay on Track,

Money Magazine Hoss

Next Hoss Cents Free Financial Money Magazine Post: Feb. 06, 2010
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