Archive for the 'Fed Policy' Category

the naked short selling ban

Posted by Moonage on 28 Jul 2008 | Tagged as: Ethics, Fed Policy

Here’s the story:
A week after the SEC enacted a temporary ban on naked short selling, Commissioner Paul Atkins joined FOX Business to talk about its effectiveness.
“I think the jury is still out,” Atkins said of the ban that expires tomorrow. He also said the SEC would report its findings on the ban later today.
It has been [...]

Minimum Wage goes up 70 cents today

Posted by Moonage on 24 Jul 2008 | Tagged as: Fed Policy, Idiot of the day, National Politics

That’s the headline on CNN.  The headline NOT on CNN is:
Unable to pay bills, London, Ky. YMCA closes
And, the reason they decided to give up?
Director Don Burgin said the London-Laurel County “Y” struggled with $6,000 monthly utility bills and its budget was further stretched by an increase in the minimum wage.
And of course, who do [...]

Nancy Pelosi and unemployment

Posted by Moonage on 06 Jun 2008 | Tagged as: 2008 Presidential Race, Fed Policy, Fun with Numbers, National Politics, Politics

The unemployment rate was released today.  It has suddenly jumped to 5.5%.  This is the highest it’s been in four years.  Now, this is a concern to me for two reasons.
In the past decade, if unemployment in May was less than January, it was less in December eight out of ten times.  That’s a pretty [...]

Nancy Pelosi’s destroying the country

Posted by Moonage on 11 Mar 2008 | Tagged as: Ethics, Fed Policy, Oil Policy, War On Drugs

Nancy Pelosi promised us a lot of things when she took over Congress.  This was in response to the perceived public demand for change by electing her party into power the previous year.  So far, the results have been ugly with practically no media attention given to why.
In response to rising gas prices, which she [...]

Unspent Mandates

Posted by Moonage on 13 Aug 2007 | Tagged as: Fed Policy

David Bernstein over at Volokh talks of an anecdote regarding earmarks.  Basically a guy working for a defense contractor is hired to do nothing but spend money regardless of whether the product works or not.  I have heard several stories like this over the years.  Quite frankly, have done it to some degree with other [...]

Budget deficit drops, again

Posted by Moonage on 12 Aug 2007 | Tagged as: Fed Policy, The Media

Seems the federal budget deficit dropped.  Again.  Seems all of a sudden hardly anyone really seems to care.  Wasn’t that an issue last fall?  Didn’t people totally ignore the numbers of a shrinking deficit and decide to buy the rhetoric that the budget was out of control?  Why did they do that?  Now, what’s getting [...]

Michael Chertoff and all that “chatter”

Posted by Moonage on 12 Jul 2007 | Tagged as: Fed Policy, International Issues, National Security

Michael Chertoff created a buzz, and has done a weak job dealing with it. Basically he insinuated there’s a growing threat from Al Qaeda due to increased chatter. What he has not done is say there is an increased threat from Al Qaeda due to increased chatter. He upped that concern by [...]

Pelosi’s more tansparent House takes another hit

Posted by Moonage on 12 Jun 2007 | Tagged as: Ethics, Fed Policy, Government

Got this from Citizens Against Government Waste:
Dear Representative,
The new House leadership promised to bring to Washington, the most honest, most open and most ethical Congress in history. The recent announcement by House Appropriations Chairman David Obey (D-Wisc.) that earmarks will only appear in conference reports, and not in committee bills where they would be [...]

NAB hires lobbyists to fight XM-Sirius

Posted by Moonage on 25 May 2007 | Tagged as: Fed Policy, General, Trends

The National Association of Broadcasters has enlisted the recently re-minted lobbying firm of Bluewater Strategies in its quest to combat the proposed merger of XM Satellite Radio and Sirius Satellite Radio.In a Wednesday filing at the Senate Office of Public Records, lobbyists Tim Kurth, Andrew Lundquist and George Nethercutt, former Republican representative from Washington, said [...]

Citizens Against Public Waste want to kill the Rural Broadband Loan Program

Posted by Moonage on 04 May 2007 | Tagged as: Energy Policy, Fed Policy, Government, Idiot of the day, National Debt, National Politics, National Security, Politics

Here’s their message:

Letter to House Committee on Agriculture Subcommittee on Specialty Crops, Rural Development, and Foreign Agriculture

Dear Member,
Tomorrow you will have a hearing on the nations current rural broadband programs. The Rural Utilities Service (RUS) is responsible for the Rural Broadband Loan Program, which subsidizes broadband service in rural areas. RUS has spent more [...]

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