By Art Smith. Posted Friday, Oct 3, 2008 at 3:35 pm Filed Under: 2008 Congressional Election, 2008 Presidential Election, Bipartisanship, Economy, Energy, Featured, Iowa, Markets, Recession, US Congress, US Treasury
Talking Heads:
No visible means of support and you have not seen nuthin yet
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The House of Representatives today passed the Senate version of the $700 Billion Bail-out. For now, it’s over. Bush signed the bill shortly after the vote, and we have not seen nuthin yet.
In case you haven’t noticed yet, the [...]
By Art Smith. Posted Wednesday, Oct 1, 2008 at 9:38 pm Filed Under: 2008 Congressional Election, 2008 Presidential Election, Bipartisanship, Economy, Energy, Featured, Iowa, Markets, Recession, US Congress, US Treasury
Our US Senators have approved a version of the $700 Billion Bail-out Bill that provides some new features:
New tax breaks for businesses
Raising the FDIC deposit insurance limit from $100,000 to $250,000
Normally, I am all about tax breaks for businesses. I think that is one of the best ways to stimulate growth.
And without a doubt, raising [...]
By Art Smith. Posted Monday, Sep 29, 2008 at 10:32 pm Filed Under: 2008 Congressional Election, 2008 Presidential Election, Bipartisanship, Economy, Energy, Iowa, Leonard Boswell, Markets, Recession, US Congress, US Treasury
My cohort DJ is going to disagree with me. Just you wait and see.
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Today did not scare me. It did surprise me, because I didn’t think that Congress had the ability to face down the President, Treasury Secretary and their own part leaders all at the same time. (For the votes [...]