Reid: Senate Rules Reform Proponents Were Right

By: Friday May 11, 2012 10:00 am

Shorter Harry Reid: Sorry I fought filibuster reform, you were all right.

 

Congress Returns to Cut Safety Net Spending to Save Defense Contractors

By: Monday May 7, 2012 8:50 am

This week House Republicans will try to pass a part of their budget that would substitute cuts for the poor for planned cuts to the military. That certainly sounds like the first order of government – first, do no harm to defense contractors, and be sure to comfort the afflicted with the knowledge that we have more guns and bombs than the rest of the world, rather than actual, you know, comfort.

Reid Pulls JOBS Act Bill After Amendments Fail

By: Tuesday March 20, 2012 6:30 pm

The Senate plan for the JOBS Act today, a financial deregulation bill that would weaken investor protections with no economic benefit, was for three cloture votes – an amendment to add investor protections to the bill, an amendment to attach a reauthorization of the Export-Import Bank to the bill, and, if those failed, a cloture vote on the bill itself.

Leading Dem Senators Want to Add Investor Protections to JOBS Act

By: Saturday March 17, 2012 10:00 am

It appears a few Democrats have finally gotten around to reading the JOBS Act, the financial industry deregulation bill that would bring back penny-stock scams and remove investor protections. Multiple Democrats in the Senate have proposed changes to the legislation, which breezed through the House with ample Democratic support.

JOBS Act Financial Deregulation Bill Could Get Tripped Up by Unrelated Measure

By: Thursday March 15, 2012 1:30 pm

Overlooked in the mockery of the GOP House taking some innocuous-seeming bills about small business capital formation and wrapping them up into a package to call them the JOBS Act is that the underlying bills themselves are really not good at all. It’s an effort to exempt a bunch of companies from reporting requirements and weaken investor protections. It’s a financial industry deregulation bill.

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