By Navy Carrier Squadron, VAW-113 Black Eagles’ version of the All American Rejects “Move Along”
Catch up on Harper’s Island, all the episodes up on Youtube courtesy of CBS here
Watch my mom’s Weaselly Congress Critter RUN from his constituents at a Town Hall!
BWAAAAHAAAAAAAAA!! Yeah keep looking for that TOTUS poll bump at your next election Bishop! Especially when all the Seniors like my mom get a load of the proposed Medicare cuts!!! And the cap and trade tax hike!!!!
Courtesy of srfspc0953
Congressman Tim Bishop has been a Rubber Stamp for Nancy Pelosi, Barney Frank and the rest of the Washington elitists who want to tax and spend this nation to death. Some angry taxpayers had a little surprise for him at one of his “Town Hall” meetings on June 22, 2009.
Update: Issa says Fed in cover up, Bernanke to testify under subpoena..Market Mover: FOMC Decision and Statement…
Update 3: CNBC has the Issa story up here
Update 2: Dow as up 50 and now up 7 since FED announcement. I think the market is also scared shxt of what will happen as Congress goes after the Fed…that Issa announcement was simultaneous with the FED decision…
Update: Fed stands pat, rate unchanged, will maintain low rates for extended period (love you long time), removed the line about DE-flation, good finally! but NO EXIT STRATEGY. Bond rates up a bit as prices down a bit. Nothing in the stmt backed off quantitative easing at all, they reaffirmed it. If you are looking at it as a foreign holder of our debt, I see nothing here to reassure you, which to me suggests higher rates a comin’ from Bond Vigilantes…
Right before the announcement Darryl Issa R-CA came on CNBC backing a statement his office released saying Ben Bernanke and the FED had concealed concerns about the Merill BofA deal from OTHER REGULATORS, and Ben is appearing under subpoena to answer questions.
Not a good thing for market stability and as a shareholder I am biased on this. But if it is what I think it is, i think Bernanke and Paulson kept Sheila Bair and the FDIC in the dark on the potential losses for BofA if Merrill deal went thru..
if it helps FDIC get some of the power Team TOTUS is trying to give to the Fed (which will then promptly be given to Larry Summers in Jan) then I am all for it. the FDIC is the only regulator on the ball and Sheila Bair was warning about subprime exposure of broad market losses way ahead of everyone else…
anyway that is a WOW announcement that was buried in the FED release..Towns is trying to stop investigation into Countrywide VIP loans for Dodd and Conrad, but Issa is pushing as he can….
Best Market Lesson I ever Learned: DONT FIGHT THE FED*
Courtesy of realclearpolitics
From the ever-awesome YourGeekNews:
If you go back to our 2007 review, Matt was on a bit of a tirade about how terrible of an adaptation Michael Bay’s first Transformers film was (you can check out that review here). Now that all the wounds have healed, Bumblebee is a Camaro, Jazz is dead and Optimus has flames on his trailerless tractor trailer, it’s time to see if this re-imagined Transformerverse has a good story to tell in it.We’ve got three scenes to share with you that give you an idea of what to expect from T2… wait, that acronym is already taken. Either way, we hope you enjoy our take on almost 5 minutes of theatrical footage from the film!~Matt + Nat
Update 12: Economic Action Alert: Blue Dogs roll over: Waxman-Markey Climate Carbon Cap Bill headed to House floor today: Call Your Critters…
Update 12 Rep Michelle Bachmann R-MN on Levin now, says Boehner stopped talking and Pelosi is headed to floor. Bachmann says that the bill contains provisions imposing the California building codes on the entire country, no quesitons asked…Good Gawd Almighty!
Update 11: Minority Leader John Boehner is trying to hold it back, he has unlimited speaking privileges and is reading the 300 pg amendment on the floor.FILIBUSTER!!!..MM is covering it
Mark Levin just read of some things in the bill and OMG!
You CANNOT SELL YOUR HOUSE until it passes an energy efficiency inspection!!
Great news for housing market eh? WHAT UTTER MAROONS!!!
Update 10: MM is live blogging the action on the floor:
…4:22pm: Shadegg presses on access to bill at desk again. Chair says clerk is “integrating” pages of bill.
Rep. Bilbray: The biggest threat to environment is the smoke coming from the backroom deals surrounding this bill.
4:48pm: GOP Rep. Tom Price asks for moment of silence for all those who will lose their jobs under cap and trade. Heh. Request denied.
Rep. Pence: We can stop this bill. We can do better. And we must!
4:53pm: GOP Rep. Barton refers to suppressed EPA Carlin report. “The science is not there.”…
Update 9: Finance Ranking Member Spencer Bachus R-AL speaks against the subsidies to FOREIGN derivatives market that is created in this bill: