If you believe that your bank deposits are firmly secured by FDIC, thanks to our neglectful Congress, you may be riding on a false sense of security, according to some shocking news in the Boston Globe: The Federal Deposit Insurance Corporation, which insures deposits up to $250,000, tried for years...

President Obama has invited one of the more important lobbyists to Congress that the local health care industry has to discuss reforming America's health care system. He won't bring home any bacon for Middle Tennessee, but I bet he does so for Big Medicine. There are indications that he's going to p...

I'm going to apologize up front to the people I'm about to offend - this entry is about politics, not technology. I'm a somewhat-reformed politician; yes, I once won an election to public office, and I'm still a political junkie, although I am trying to kick the habit. But politics i...

Economist Paul Krugman is in a free-fire zone. First, he takes on Republicans via Governor Bobby Jindal's reply to the SOTU:Traditionally, the division between conservatives and liberals has been over the role and size of the welfare state: liberals think that the government should play a large role...

A number of people have been asking what I thought of President Obama's address to Congress Tuesday night. But I don't really want to ride that bitch— when I do stuff like that I know how much it disturbs many of you. So I am just going to suggest you get a copy of the speech, and as you read thos...

In response to the question, “What are the moral lessons of the American Recovery and Reinvestment Act (ARRA)?â€� One of the gravest moral issues related to the American Recovery and Reinvestment Act is the matter of dangerous deficit spending. Anybody plugged into our nation’s financial cri...

States and cities start jockeying to claim the largest amount of money released from Washington since LBJ after Barack Obama signs the stimulus bill into law on Tuesday. There will be obvious winners and losers: Officials expect that politics will not be limited to the lawmakers. Spending decisions ...

On Monday, I underscored new GOP Chair Michael Steele's asinine attempt to discredit the stimulus bill by contrasting private industry "jobs" (good) to government "work" (bad). It was like some bad Philosophy 101 rationalizing that I can remember from college days. Until now it had completely slippe...

The Center for Responsive Politics has the percentages of the huge public returns on lobbying dollars invested. In the meantime, Obama's rolled out a new bailout plan that seemed to fall flat.  The NY Times pointed out that it is already being criticized "for relying too heavily on the same vague s...

Alan MacEachen delivered Pierre Trudeau’s federal budget yesterday, ooops sorry, meant to say that Jim Flaherty delivered Stephen Harper’s federal budget, it's sure getting hard to tell the two eras apart all of a sudden, must be a lot of smiling ghosts rambling around Parliament Hill these days...