Today we got to see some of the substance of Barack Obama’s plan for solving the current economic crisis. Both Reuters and the Wall Street Journal have good write-ups.
Obama’s approach includes:
More power to the Federal Reserve over non-bank investment firms that borrow from the central bank
A ‘financial oversight commission”
$30 billion in aid for financially stressed [...]
By Art Smith. Posted Thursday, Jan 31, 2008 at 11:48 pm Filed Under: Bottle Bill, Chet Culver, Democratic Party, Iowa, Iowa General Assembly, Iowa Politics, News Media, Schools, TAXES
Good news: The Iowa General Assembly has decided that the “new” bottle bill tax proposed by Iowa Governor Chet Culver (see earlier story) is dead for 2008. As you would probably think, I’m pleased. It’s not clear if the reason for the timely demise is that there’s too much confusion, the idea needs [...]
By Art Smith. Posted Wednesday, Jan 23, 2008 at 9:15 am Filed Under: 2008 Presidential Election, Democratic Party, Economy, Fred Thompson, Immigration, Iowa Politics, Military, Political Philosophy, Rights, Ron Paul, TAXES, Tax Relief, US Congress, US Politics
I’ve already read a number of strong and thought provoking comments around various blogs as people have anticipated (prior to yesterday’s announcement) and reacted to Fred’s departure from the race. There is significant support for Fred’s message, disappointment (and some outrage) over his announcement, and frustration that the remaining lot of Republican candidates leave [...]