
I am not surprised at the guilty verdict handed down against US Senator Ted Stevens (R-Alaska) on seven counts of making false statements. And nor should anyone else. I stated earlier in the year that Alaskan Republicans needed to find another candidate, but they failed. It amazes me that people like Ted can imagine that they are not only above the law, but that in the midst of failure they should continue on with their struggle for power when they should be focusing on dealing with the issue at hand… planning a appeal. From The Hill:
The senator vowed to “fight this unjust verdict with every ounce of energy I have” and said he would return home to defend his seat.
“I am innocent. This verdict is[...]
By Art Smith. Posted Tuesday, Sep 9, 2008 at 12:00 pm Filed Under: Accountability, Banks, BitsBlog, Economy, Housing, Mortgages, Stocks, TAXES, US Congress
On Sunday I shared some initial thoughts about the Fed take-over of Fannie Mae and Freddie Mac. If you read it, you know I’m not exactly happy about the outcome. My friend Bithead shared some great thoughts Monday, and I don’t disagree that something needed to be done. He and I both agree [...]
By Art Smith. Posted Tuesday, Sep 9, 2008 at 5:00 am Filed Under: 2008 Congressional Election, ANWR, Accountability, Chuck Grassley, Democrats, Drill Baby Drill, Economy, Energy, Featured, Foreign Oil, If you won't vote for us we won't vote for you, Leonard Boswell, Nancy Pelosi, Tom Harkin, US Congress
Crude oil dropped to $105/bbl Monday, down $1.26. After hours the price continued to fall, as of midnight it was hanging around $102/bbl.
Since hitting it’s high at 147.27 on July 11 (that’s still less than 2 months ago), the price has fallen almost 30%. According to most Democrats, this would only be possible if actual [...]
By Art Smith. Posted Sunday, Sep 7, 2008 at 8:00 pm Filed Under: Accountability, Banks, Economy, Featured, Housing, Markets, Mortgages, Stocks, TAXES, US Congress
Today US Treasury Secretary Henry Paulson announced plans for the new Federal Housing Finance Agency (FHFA) to take Freddie Mac and Fannie Mae into conservatorship. The power to do this was provided in HR 3221 which was passed in July.
The move includes replacement of the CEO of both organizations, and an infusion of about $200 [...]
By Art Smith. Posted Saturday, Aug 23, 2008 at 8:02 pm Filed Under: 2008 Congressional Election, Accountability, Corruption, Economy, Energy, Featured, Foreign Oil, If you won't vote for us we won't vote for you, Integrity, Nancy Pelosi, US Congress
In this weekend’s Wall Street Journal, there is a report of an investment made by Nancy Pelosi and her husband.
They put somewhere between $50,000 and $100,000 into T. Boone Picken’s company, Clean Energy Fuels Corp.
At first blush, the relatively small amount (compared to millions of dollars in assets held by the Pelosis) would make most [...]
By Art Smith. Posted Saturday, Aug 9, 2008 at 12:35 pm Filed Under: 2008 Presidential Election, Accountability, Bill Clinton, Democratic Party, Family, Integrity, John Edwards, Marriage, Ted Kennedy, society
Two big hits on prominant families this week.
Mr. Shawshank
One is Morgan Freeman. You may recall he was in an automobile accident earlier this week and was in serious condition. He was released later in the week after surgery with shoulder damage and a broken arm and elbow. According to Fox News, Freeman and his wife [...]
Although we may all support the notion that one is innocent until proven guilty, we (and Stevens) have a responsibility to ensure that we not only keep our noses clean, we do all we can to avoid the appearance of impropriaty. The fact that Ted managed to get himself in a situation where the FBI [...]
Encouraging news in an opinion piece from the Wall Street Journal by Pat Toomey(former member of the US House and President of the Club for Growth) today. A recent survey concludes that most voters would favor a congressional candidate that cuts spending over one that increases spending, even if it means no pork for their district.
Some of [...]
By Bithead. Posted Monday, Jul 14, 2008 at 1:00 pm Filed Under: Accountability, Barack Obama, BitsBlog, Corruption, Crime, Current Events, Democrats, International Affairs, Middle Class, News Analysis, Socialism, Swamp Stompers
From the GateWay Pundit:
About BitHead
BitHead runs BitsBlog and is an occasional guest writer for
The Conservative Reader.
You can email BitHead at feedback@florack.us.
This special Swamp Stomper Article
is cross-posted from BitsBlog.
New information reveals that House Speaker Nancy Pelosi was indirectly sending messages to the FARC. The Marxist Revolutionary Armed Forces of Colombia (FARC) is designated as a terrorist [...]