reform

The Failure of Obama's Healthcare.gov Website is Poetic Justice

Obama wants to import more foreign guest workers than there could possibly be jobs for in the United States per the demands of cheap labor corporate lobbyists.  Yet again, instead of focusing in on jobs for Americans, Obama is busy pushing comprehensive immigration reform which will absolutely decimate U.S. workers by flooding the very weak U.S. labor market.

Paul Volcker Said What?

The House Financial Services Committee held a hearing today, Experts’ Perspectives on Systemic Risk and Resolution Issues. Paul Volcker testified. Here is his written testimony.

Volcker calls for the separation of banking from commerce and also calls for reforms in executive pay. He also calls for regulation of hedge funds and private equity firms. Volcker also implies that by saving the Zombie banks, the U.S. in fact has encouraged even worse risk taking and highlights these very questions so often written about on this site:

New Trade Bill Introduced in the Senate

A new trade bill has been introduced in the Senate. Hopefully this will not be yet another good piece of legislation that goes to committee to die.

According to Senator Sherrod Brown's Press Release:
The TRADE ACT would:

  • Require the Government Accountability Office to conduct a comprehensive review of existing trade agreements with an emphasis on economic results, enforcement and compliance, and an analysis of non-tariff provisions in trade agreements
  • Spell out standards for labor and environmental protections, food and product safety, national security exceptions, and remedies that must be included in new trade pacts
  • Set requirements with respect to public services, farm policy, investment, government procurement, and affordable medicines that have been incorporated in trade agreements