Washington Hotlist - Politics 2.0

Archive for the ‘Fiscal Policy’ Category

Flip Flopping Is Bipartisan

Tuesday, July 15th, 2008

"I don't think the government ought to be involved in bailing out companies." Oh really? Than can I please have my money back that went to Bear Stearns? Surely, an investment bank and its shareholders will be just fine without my lowly contribution. I would also appreciate ...

Remember When Republicans Opposed Regulating The Market?

Sunday, July 13th, 2008

Alarmed by the sharply eroding confidence in the nation’s two largest mortgage finance companies, the Bush administration on Sunday asked Congress to approve a sweeping rescue package that would give officials the power to inject billions of federal dollars into the beleaguered companies through investments and loans. Remember this little tidbit ...

So Much For Supporting Free Markets

Thursday, July 10th, 2008

“Those institutions, Fannie and Freddie, have been responsible for millions of Americans to be able to own their own homes, and they will not fail, we will not allow them to fail." Translation: John McCain supports a laissez faire approach to economics except when he doesn't. Once again, he ...

Still Think McCain Cares About The Troops?

Tuesday, May 20th, 2008

Think again. McCain opposes a bill that would guarantee full tuition payments to veterans at any public school in their home state. Its expected cost is $52 billion over 10 years. McCain says the legislation is too expensive and has proposed his own version, which would increase the monthly benefit ...

Medicare Epitomizes Our Entitlement Problem

Friday, May 16th, 2008

***This post is being submitted to the Facing Up Blog Carnival on Medicare.*** It is no secret that our economy is the middle of a recession, as evidenced by massive layoffs in the financial services market, exploding energy prices and the increase in jobless claims. One reason why we can ...

Obama Gets It Right On Gas Tax “Holidays”

Tuesday, April 29th, 2008

"Now the two Washington candidates in the race have been attacking me lately because I don't support their idea of a gas tax holiday. We're arguing over a gimmick that would save you half a tank of gas over the course of the entire summer so that everyone in ...