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Tag: Congress

U.S. National Debt Is Huge, but It’s Not a Catastrophe

by on Jan.29, 2011, under Towing

Without a doubt, this country’s debt overhang needs to be chopped considerably. But does a large national debt doom a nation to economic ruin? Only if you believe that countries like Germany, France, and Japan are economic basket cases, too.

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U.S. National Debt Is Huge, but It’s Not a Catastrophe originally appeared on DailyFinance on Sat, 29 Jan 2011 10:00:00.

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The Debt-Ceiling War: Wall Street Could Be a Casualty

by on Jan.05, 2011, under Towing

Debt and government spending are firmly at the top of the new Congress’s agenda. And just the threat that the U.S. wouldn’t pay its bills has traders worried and wondering if the U.S. could end up on the same chaotic economic path taken by Greece or Spain.

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The Debt-Ceiling War: Wall Street Could Be a Casualty originally appeared on DailyFinance on Wed, 05 Jan 2011 12:00:00.

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Big Wall Street Bonuses Carry a Hidden Cost for Society

by on Dec.14, 2010, under Towing

Big Wall Street Bonuses Carry a Hidden Cost for Society

Though most Americans wish that Congress would rein in excessive pay on Wall Street, that won’t happen while the huge campaign contributions keep flowing. And the financial industry’s big money shell game drains away something more precious from our society than money — it siphons off talent.

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Big Wall Street Bonuses Carry a Hidden Cost for Society originally appeared on DailyFinance on Tue, 14 Dec 2010 09:26:00.

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House Committee Appointments of Paul, Rogers and Upton Split Republicans

by on Dec.10, 2010, under Towing

Ron Paul

House Committee appointments this week of Ron Paul, Harold “Hal” Rogers and Fred Upton appear to be splitting Republican opinion, as many conservatives are lauding the 112th Congress’s selection of Paul while bashing those of Rogers and Upton.

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House Committee Appointments of Paul, Rogers and Upton Split Republicans originally appeared on DailyFinance on Fri, 10 Dec 2010 16:55:00.

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Ron Paul, Author of ‘End the Fed,’ to Chair Monetary Subcommittee

by on Dec.10, 2010, under Towing

Rep. Ron Paul, author of the best-selling book End the Fed, will head the House subcommittee overseeing the Federal Reserve.

Spencer Bachus, House Financial Services chairman-elect, selected Paul, 75, to lead the domestic monetary policy subcommittee in the next session of Congress, Bloomberg News reported. Paul is a Texas Republican.

“This is the leadership team that crafted the first…

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Ron Paul, Author of ‘End the Fed,’ to Chair Monetary Subcommittee originally appeared on DailyFinance on Fri, 10 Dec 2010 07:37:00.

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