The House may not have been able to pass a transportation bill yesterday to enable the smooth functioning of two million construction jobs, but they did find the time to kill a bunch of investor protections and deregulate the securities markets while passing the bill to deregulate potentially fraudulent investment practices.
|By: David Dayen Wednesday March 28, 2012 1:10 pm|
|By: David Dayen Thursday March 8, 2012 12:05 pm|
The House of Representatives will pass something they’re calling a jobs bill today. They accomplish this by giving it a nice acronym: the Jumpstarting Our Business Startups, or JOBS, Act. Now, jump-starting should be a hyphenated word so it really should be the J-SOBS Act, but we’ll let that slide. The really egregious things about this are: A) it has nothing to do with jobs, and B) it’s based on Democratic legislation that already passed, simply repackaged by the House GOP and called a jobs bill.
|By: David Dayen Monday December 5, 2011 1:15 pm|
The GOP doesn’t seem to want to extend the payroll tax cut, because it might improve the economy a bit next year. But they cannot just come out and say that they want to tank the economy to make it easier for candidate Romney or Gingrich. So now they’re claiming to be worried about the effect on the Social Security Trust Fund.