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."
In an effort to steal some of the thunder from conservative pundit Glenn Beck, who hosted the impressive Restoring Honor rally in Washington D.C., on August 28 that boasted more than half a million attendees, liberal satirists Jon Stewart and Stephen Colbert have announced their intent to host rallies on the National Mall. According to the National Park Service, Comedy Central, the station for which Stewart and Colbert work, has applied for a permit to host an event at the Washington Monument on October 30.
President Obama has once again circumvented the United States Congress by appointing Elizabeth Warren to the influential position of special adviser to the new Consumer Financial Protection Bureau, rather than having Warren come before a Senate confirmation process. Obama's critics have called his decision "an affront" to the alleged transparency he promised during his campaign.
President Obama raised eyebrows on Monday when he alluded to the possibility of making changes to his economic team during a question/answer session of a town-hall style meeting aired on CNBC. According to the President, Chief Economic Adviser Larry Summers and Treasury Secretary Tim Geithner “have done an outstanding job,” but the White House was in the process of considering “other options.”
In response to the 2007 Energy Independence and Security Act, which bans the use of incandescent light bulbs by the year 2014, General Electric has shut down its last factory in the United States that makes the bulb. Thousands of jobs have been lost as a result of the closing of these factories since the act was signed. The close of the last remaining factory, located in Winchester, Virginia, will result in the loss of 200 more jobs — though job loss is just one of a variety of negative consequences of the ban.
In an early straw poll, Rep. Mike Pence (R-Ind.) was the choice for presidential nominee in 2012 over such conservative luminaries as Sarah Palin, Mike Huckabee, and Mitt Romney. Capturing 24 percent of those voting at the Family Research Council’s Values Voter Summit this past weekend in Washington, DC, Pence relegated even Senator Jim DeMint to a barely visible 5 percent.