Eight former or current Bell, California, officials were arrested on Tuesday for looting the city for themselves and their friends, according to Los Angeles County District Attorney Steve Cooley. "We are alleging they used the tax dollars from the hard-working citizens of Bell as their own piggy bank, which they looted at will," noted Cooley at a news conference. "It's corruption on steroids."
Apparently loading the military defense policy bill with controversy did not work well for the Democrats as the bill failed to clear a procedural vote in the Senate today. Unable to muster up the necessary 60 votes, Senate Democrats could not resist objections from Republicans, resulting in a failed vote of 56 to 43.
Republicans are trying to make political hay out of the public's increasing disenchantment with ObamaCare. There is little doubt they will end up with a few bales, but it remains to be seen if they can spin this straw into gold. Furthermore, just how likely is a GOP victory to result in repeal or even significant reform of this monstrosity?
Daniel Akerson, the new CEO of General Motors, said last week that the rate of payback of U.S. government bailout monies "will be determined by GM's performance over the next several years. It would be 'unrealistic' to pay the government back all at once."