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Henry Waxman Ousts John Dingell

Nov 25, 2008

An important change in government took place in Washington D.C. last Thursday at the Democratic Caucus. The Democrats’ Steering and Policy Committee by a vote of 25-22, proposed that Rep. John Dingell from Michigan who had held the chairmanship of the Committee on Energy and Commerce for 28 years be removed and Henry A. Waxman of California be given the position.

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Bailout: The Largest Heist in History

Nov 17, 2008

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Note to Barney Frank, Chris Dodd: Take Action Now

Nov 14, 2008

The following letter on the urgency of the financial crisis was sent to Rep. Barney Frank and Sen. Chris Dodd.

The Honorable Barney Frank
U.S. House of Representatives
2252 Rayburn House Office Building
Washington, D.C. 20515

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Bailout Bunk: We've Been Had

Nov 12, 2008

The more I think about it, the more I believe we were had when the federal government proposed that $700 billion bailout to primarily deal with the liquidity crisis.

At the time, nobody seemed to know what to do. When Secretary of the Treasury Henry Paulson and Federal Reserve Chairman Ben Bernanke jointly proposed the bailout in an attempt to avoid a repeat of the Great Depression, nearly everyone threw up their hands and concluded there was no alternative.

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