WashingtonWatch.com has never been profitable. Maybe someday it will be, but there aren’t enough of you yet. And also, it’s not profitable because of the downturn in the economy.
Why do I say that? Because the Washington Post is reporting that the Obama administration plans to give bailout funds to millions of small businesses.
The [...]
A pair of congressional resolutions introduced yesterday highlight the political drama going on in Honduras these days.
One would “[c]ondem[] the violence in Honduras and call[] for the return of the duly elected President.” The other would “[e]xpress[] the support of the House of Representatives for the people of Honduras.”
You can’t have both.
Much of the [...]
As early as Monday, Senator Kennedy (D-MA) may unveil health care legislation, and President Obama says that he wants this issue to be dealt with this year. All this is according to a Washington Post story.
According to the Post:
In many respects it adopts the most liberal approaches to health reform being discussed in Washington. Kennedy, [...]
The Washington Post reports today that President Obama will lift some of the restrictions on travel and commerce with Cuba.
A decades long embargo on Cuba has been a fixture of U.S. policy toward the island nation, but it can’t be said that the embargo has done much to undermine the communist government there.
A couple of [...]
This morning’s Washington Post has a good article on the broad policy shifts represented by President Obama’s FY 2010 budget, which was introduced last week.
And it has some eye-popping information:
[President Obama's] plan would produce annual deficits far larger in dollar terms than any recorded before the recession. As a percentage of the overall economy, the [...]
The economic stimulus bill is slated for debate in the House today, and if the Washington Post could just trim its Sunday editorial on the bill down to 150 words, it would be a contender in our big economic stimulus contest. Here are some kickers:
Helping hire, equip and pay police, a $4 billion item under [...]
Six weeks since Congress approved the financial services bailout legislation, the administration has committed $290 billion of the $700 billion Congress gave it to work with.
Originally intended for purchasing troubled mortgage assets, it has instead been used to purchase shares of troubled firms, and it may soon be used for automakers and heaven [...]