Our criminally corrupt Congress:
The House Appropriations Subcommittee will vote on a defense bill today that includes thousands of earmarks worth billions of dollars. Many will be directed to entities whose top employees donated to the members of the panel that authored the bill. Jacob Sherman reports.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"Dollar depreciation leads to higher inflation and ultimately forces foreign creditors to question their rationale and indeed their sanity for continuing purchases of U.S. Treasuries." -Bill Gross
Initial Jobless Claims for the week ended Feb 18th totaled 351k, 4k less than expected but the prior week was revised up by 3k to 351k. The 4 week average did fall to 359k from 366k, the lowest since Mar '08. Continuing Claims fell by 52k to the lowest since Aug '08. Also, Extended Benefits fell a net 69k. Bottom line, the data still points to a labor market that continues to improve however lumpy the process feels for many. ...
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July 24th, 2009 at 10:31 am
Hasn’t congress always been criminally corrupt though? Why is it any different now? I can understand how people are pissed about it now, because I am too, but why does it seem that the corruption in congress is driving the country to ruin today, but it never ruined us as a nation before? Think westward expansion, railroads, roaring twenties, etc. There were just as many shennanigans then – a hundred years ago – as there are today, no? I’m just trying to figure out if this time it really is different. If the nation really is in decline or not – eventually decline happens to everyone, maybe now is our time.