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Senate Approves the ______Act Of____

An anonymous reader writes "Apparently the Senate was in such a rush to get out of town that it forgot to name an 'important' bill that it passed, so the bill goes to the House as The ______Act of____. That's how it appears in the Congressional Record, though the Library of Congress has it listed as The XXXXXXAct ofXXXX. As for what's in the bill, well that appears to be as mysterious as the name. It was officially announced as a bill to tax bonuses to execs who received TARP money. But then someone simply deleted the entire bill and replaced it with text about aviation security. And then it was deleted again, and replaced with something having to do with education. However, because of these constant changes, many of the services that track the bill have the old details listed. On top of that, Nancy Pelosi called the House back for an emergency vote on this unnamed bill, and anyone trying to find out what it's about might be misled into thinking its about aviation security or something entirely unrelated to the actual bill. And people wonder why no one trusts Congress." It appears that the government's new martial law plans are being passed after all.

97 of 571 comments (clear)

  1. o rly? by Pojut · · Score: 2, Funny

    At this point, why don't they just write (or print) these things with dissappearing ink? It's not like they look at it again once it gets voted on.

    "Wait, we aren't supposed to do this...isn't this against the law since we passed ::insert random bill::"

    "What the hell are you talking about?"

    1. Re:o rly? by Shivetya · · Score: 2, Insightful

      Disappearing ink is used for Ethic's rules.I heard it also is used with campaign promises and that check in the mail.

      Congress has long been like this, they just haven't been so cavalier about it. When one party leads the Congress and the Presidency the American people will get the shaft. The real problem now is that instead of the press harping on every thing the Congress and Presidency did while under Republicans they have suddenly clammed up.

      So the people are left with one choice, the ballot box. Hopefully most will make the choice to boot incumbents out. Because as we all know, Congress sucks but not my Congressman. This is the perception that allows these people to stay in power, that and writing laws making it near impossible for any challenge to Democratic or Republican parties

      --
      * Winners compare their achievements to their goals, losers compare theirs to that of others.
    2. Re:o rly? by Jaysyn · · Score: 3, Insightful

      The real problem now is that instead of the press harping on every thing the Congress and Presidency did while under Republicans they have suddenly clammed up.

      Well thank God Fox News is finally off the air... wait, what?

      --
      There is a war going on for your mind.
    3. Re:o rly? by nospam007 · · Score: 4, Funny

      "It's not like they look at it again once it gets voted on."

      Again?
      You are not seriously implying that you think they read it even once?

    4. Re:o rly? by Ephemeriis · · Score: 5, Insightful

      When one party leads the Congress and the Presidency the American people will get the shaft.

      Agreed.

      The real problem now is that instead of the press harping on every thing the Congress and Presidency did while under Republicans they have suddenly clammed up.

      I guess that depends on what "press" you're listening to.

      I was shocked and appalled at how much the Bush administration got away with. It didn't seem like anybody was holding them accountable. Sure, there was some noise about this or that... Primarily on the "liberal" channels like MSNBC... But nothing of any substance at all.

      These days the "liberal" channels don't seem all that concerned about what Obama is doing. The "conservative" channels like Fox News, however, are plenty noisy. And you still get the occasional complaint out of someone on MSNBC that Obama isn't being "liberal" enough. But again it's still just noise with no substance at all.

      Nobody is holding any of these folks accountable for their actions. It doesn't matter if there's a D or an R next to the name, they're all lying through their teeth and getting away with it.

      Not even the usual campaign promise white lies either... Straight-up, stupidly blatant stuff like saying "I support this" on Monday, and then claiming on Tuesday that you never said you supported anything, even while the tape rolls on-screen. And nobody cares!

      --
      "Work is the curse of the drinking classes." -Oscar Wilde
    5. Re:o rly? by a_nonamiss · · Score: 5, Insightful

      And nobody cares!

      Honestly, the best reporting on this type of stupidity is "The Daily Show with Jon Stewart." It's a shame that a news program whose explicitly stated goal is humor is the only outlet reporting this stuff.

      --
      -Arthur
      Cave ne ante ullas catapultas ambules
    6. Re:o rly? by locallyunscene · · Score: 4, Insightful

      I've seen a lot of this "one party control" talking point recently, but the problem is not "One Party Control" it's "Two Party Control". Voting for a Republican "in order to bring some balance" is sidestepping the problem unless you really care about banning gay marriage, abortion, stem cell research. If you care more about defense, terrorism and its laws, Iraq, Afghanistan, rampant Federal spending, Federal regulation and de-regulation, increased federal power for immigration control, the war on drugs, and the slow erosion of Citizen and Non-Citizens' rights in general, then the two parties, for all intents and purposes, are identical. They'll pull the same stunts and make the same political hay in the media no matter who's in office, who's the majority leader, or who's the minority leader because it's still the same group of people in power, the same party leaders pulling the strings.

      If you want a change by all means vote out your incumbent congress-critter. But please acknowledge you're not going to get a change with someone who has a D or and R next to his or her name. Try something different with an L or a G or even an I.

    7. Re:o rly? by jpmorgan · · Score: 3, Interesting

      Congress cannot constrain its own future actions (at least, not without a constitutional amendment). That's a general principle of all legislative bodies. Otherwise Republicans would pass laws making universal health care illegal, and Democrats would pass laws making unions untouchable.

      So no, strictly speaking congress doesn't have to read their own laws. They can pass as many conflicting laws as they want. It's the executive and judicial branches that are responsible for reading and interpreting.

    8. Re:o rly? by lorenlal · · Score: 2, Insightful

      I'd say it's a problem when your satirical news has more substance and information than the real news... But it's so damn funny.

    9. Re:o rly? by h4rm0ny · · Score: 5, Insightful


      Humour is one of the safest ways to report the truth.

      The comedians are the last ones to go before protest and news goes entirely underground.

      Serious people aren't too hard to shut down. Those that appear unserious, are much harder. When they actually shut down the satire, your society is a few breaths away from actual insurrection.

      --

      Aide-toi, le Ciel t'aidera - Jeanne D'Arc.
    10. Re:o rly? by CannonballHead · · Score: 3, Insightful

      And nobody cares!

      And there is the real problem.

      It's hard to really blame the politician when the people just plain don't care or aren't interested enough to really find out what someone really stands for (if anything).

      Not that I'll defend said politician, of course. Wrong behavior is wrong :)

    11. Re:o rly? by digitalunity · · Score: 2, Insightful

      The reason for this is that our country, during the course of the last 18 years or so, has been falling deeper and deeper into what I'll call a "strong presidency" structure.

      Congress is nothing short of a glorified presidential sock puppet now. The House are a bunch of feckless weaklings and the Senate are a bunch of self serving check writers. They do his bidding. They might throw a few curve balls with confirmations, but overall, they serve at the leisure of the president. He says jump, and they do so with reckless abandon so long as the money keeps flowing.

      If Congress doesn't fall in line, we call them obstructionists to progress. If SCOTUS steps out of bounds, we say they're legislating from the bench. People need to radically shift how they think about government and what role the president was supposed to have, as envisioned by our founding fathers. They didn't want a strong president, or even a strong federal government for that matter.

      While this may seem impractical in light of our global military and financial dominance, it is to the detriment of our country that the federal government is so powerful. Sadly, the average citizen doesn't understand enough about government structure to even understand that a charismatic leader isn't good for us. We need a highly intelligent ho-hum leader and we need a senate with balls to make the country better.

      --
      You can't legislate goodness. Let each to his own destiny, by will of his freely made choices.
  2. Bureaucracy by Monkeedude1212 · · Score: 2, Insightful

    When the system for legislation gets so confusing that not even the people passing the bills can keep it straight, I think it shows that there is some fundamental flaw in the system, or it didn't scale well or something.

    Do we have to go back to Schoolhouse Rock?

    1. Re:Bureaucracy by morari · · Score: 2, Funny

      I'm just a bill.
      Yes, I'm only a bill.
      And I'm sitting here on Capitol Hill.

      --
      "He who can destroy a thing, controls a thing." --Paul Atreides, Dune
    2. Re:Bureaucracy by causality · · Score: 5, Interesting

      When the system for legislation gets so confusing that not even the people passing the bills can keep it straight, I think it shows that there is some fundamental flaw in the system, or it didn't scale well or something.

      Do we have to go back to Schoolhouse Rock?

      There's an easy fix for this. Make the following change to the Constitution:

      Each year, before any new law can be created or any existing law modified, the Speaker of the House must first read aloud every last federal law on the books while all other members of Congress listen. If that takes more than one year (and the federal tax code alone would easily do so) then Congress is allowed only to repeal existing laws the following year. The next year after that, the reading aloud begins again and only if completed within one year can a new law be passed or an old law modified.

      --
      It is a miracle that curiosity survives formal education. - Einstein
    3. Re:Bureaucracy by natehoy · · Score: 5, Insightful

      What we need is a body of the Legislature whose sole job is to eliminate obsolete, obscure, and unclear laws.

      Since their job would be the opposite of that of Congress, I suggest a name that is equally opposite.

      "Pro" is the opposite of "Con".

      Therefore, I suggest we call the new body "Progress".

      --
      "This post contains words, known to the State of California to cause thought. Wash brain thoroughly after reading."
    4. Re:Bureaucracy by gmueckl · · Score: 4, Insightful

      There already is such an institution: it's called Supreme Court.

      Or maybe there isn't. It's hard to tell these days.

      --
      http://www.moonlight3d.eu/
    5. Re:Bureaucracy by Nimey · · Score: 4, Insightful

      That's judicial activism, don't you know.

      --
      Hail Eris, full of mischief...

      E pluribus sanguinem
    6. Re:Bureaucracy by ArsonSmith · · Score: 2, Insightful

      There's already a "Progressive" political term and it is synonymous with exactly the opposite of what you propose. Current government progress seems to be about passing as many bills and laws as possible.

      --
      Paying taxes to buy civilization is like paying a hooker to buy love.
    7. Re:Bureaucracy by ArsonSmith · · Score: 3, Funny

      I'm just a ______
      Yes, I'm ____ a ___.
      And I'm _______ here on _______ ____.

      --
      Paying taxes to buy civilization is like paying a hooker to buy love.
    8. Re:Bureaucracy by RLaager · · Score: 2, Insightful

      This would never work, because as you pointed out, it's impractical from the start. A better approach would be to pass a constitutional amendment that provides for a mandatory sunset of laws. Ideally, you'd also require codification of all laws.

      So the amendment would say something like, "1) All new laws passed by Congress must be codified into titles. 2) Each title (or existing uncodified law) shall automatically sunset and be removed from the official record of titles after __ years from the later of its original passage or last renewal. 3) For the purposes of this amendment, laws existing at the time of this amendment's ratification which were originally passed over __ years previous shall be considered to have been last renewed at a date within the last __ years, with the date randomly assigned by the ____ office."

      Thus, you'd cause all existing laws to sunset slowly over the next __ years (for whatever value you fill in), and they'd have to be codified when they were renewed.

      Then, if you want to help keep laws simple (which seems good in theory, but may just push the complexity to the executive branch's rulemaking process) and ensure there's been adequate time to read them before voting (which I support), you could pass another amendment (or add another section) that says, "Any law passed by Congress must have been read aloud in full by a representative or senator, as appropriate, or it shall be null and void." Obviously, the exact wording of these amendments might need some tweaking, but it seems more sustainable.

    9. Re:Bureaucracy by MechaStreisand · · Score: 2, Funny

      Yes.

      --
      Disclaimer: IANAL. This post is, however, legal advice, and creates an attorney-client relationship.
  3. No One Trusts Them by Greyfox · · Score: 3, Insightful

    But they keep voting for them.

    --

    I'm trying to teach myself to set people on fire with my mind... Is it hot in here?

    1. Re:No One Trusts Them by Nadaka · · Score: 4, Funny

      I voted Cthulhu, if you have to vote for evil, who choose the lesser?

  4. Ugh! by PsychoElf · · Score: 2, Interesting

    Bah! I can't wait for the zombie hordes to attack so we don't have to worry about stuff like this anymore...BRAAAINZZZZZ!!!!!

    1. Re:Ugh! by robnator · · Score: 4, Funny

      If the Zombies are after brains, they should steer clear of Washington, D.C.

      --
      "If...you can't be a good example, then you'll just have to be a horrible warning" - Catherine Aird
  5. Any objections? by jwthompson2 · · Score: 2, Insightful

    At this stage are there any objections to simply unseating every single encumbent? Certainly a large influx of "freshmen" to the halls of congress couldn't make matters any worse.

    --
    Even if I knew that tomorrow the world would go to pieces, I would still plant my apple tree. -Martin Luther
    1. Re:Any objections? by Archangel+Michael · · Score: 2, Interesting

      I'm all in favor of a "Recall them All" option every election. Which if it wins, all INCOMBENTS are summarily fired and forbidden from holding any elected office (everywhere) or position in any firm that Lobbies Congress.

      It is high time the elites in DC learn that we're sick to death of the crap they feed us, but refuse to eat themselves. If it is so good for me and mine, why the hell are you exempted? HUH?

      By the way, when was the last time you read the entire Declaration of Independence? THE WHOLE THING? I challenge each and every US citizen to go and read the whole thing and see what we went to war for back then. I think you'll be surprised that it is the very same thing many of us are unhappy about with our current Federal and even State governments.

      --
      Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
    2. Re:Any objections? by nomadic · · Score: 4, Insightful

      At this stage are there any objections to simply unseating every single encumbent?

      I don't know how every single incumbent is voting. I'm sure there are principled, effective congresspeople; voting all of them out would seem overly drastic.

      Certainly a large influx of "freshmen" to the halls of congress couldn't make matters any worse.

      Had something similar to that happen with the Republican revolution in the 90's. I seem to remember it making matter much worse.

    3. Re:Any objections? by Monchanger · · Score: 4, Insightful

      Sounds like you need a refresher yourself. It wasn't about the question of federalism- that came later on. The Declaration was about a lack of self determination.

      The problem with all these stupid calls to read the Declaration and Constitution is teabaggers seem to equate unelected tyranny with LOSING THE ELECTION BECAUSE THEY WERE THE FUCKING MINORITY.

    4. Re:Any objections? by PhreakOfTime · · Score: 3, Funny

      Well, since all you are doing is complaining, yes I object.

      You offer no detailed plan, you aren't even running yourself for any of these offices.

      There ARE elected representatives that actually do know what they are doing, and would be a shining example of that rare specimen of 'statesman'. But since you are too ignorant to know about them, as they don't represent your backwoods bunker, might as well throw them out too?

      Get a grip on reality, more specifically, that your personal experiences don't transfer to every other citizen of this country. Worry about your OWN elected officials, and stop overlaying your miserable experiences with others just because they are similar in that they are 'elected officials'.

    5. Re:Any objections? by nomadic · · Score: 3, Insightful

      Sure, if you like right-wing loon jobs.

      To be fair, I find Ron Paul an incredibly principled and honest politician, though if I don't want him near any position of real power in this country because I know he probably will follow through on his disastrous campaign promises.

    6. Re:Any objections? by Bigjeff5 · · Score: 2, Insightful

      Joe Leiberman votes his conscience as well.

      And to be honest, pretty much all hard-line lefties and righties vote their principals also, it's just those principals are scary as shit.

      It's the flip-floppers who disgust me, and I'm not talking about those who hold a position and then realize they've been wrong. I'm talking about those who vote in the direction of the political wind, or who seem to only stand up for their principals when it gets their name in the cable news spotlight for a few days.

      Still, I'm so fed up with the government in general that I would vote for a "remove all" option if it were on the bill.

      --
      Security is mostly a superstition... Avoiding danger is no safer in the long run than outright exposure. - Helen Keller
    7. Re:Any objections? by Vaphell · · Score: 2, Informative

      what disastrous promises are you talking about? care to elaborate?
      bringing troops home, paying attention to a supposedly outdated idea of fiscal responsibility, going back to the principles of the US constitution are considered disastrous nowadays?

    8. Re:Any objections? by nomadic · · Score: 4, Informative

      Gambling with monumental changes to the U.S. (and thereby the world's) economy, namely the return to a medieval commodities-based currency and abolishing the IRS and Federal Reserve, ignoring climate change, and abolishing clean air and water laws.

    9. Re:Any objections? by Monchanger · · Score: 4, Insightful

      Republican voters, certainly. I'd think Dr. Paul's libertarian followers should have left shortly after the idiots hijacked his populist movement and turned it into the pointless anti-Obama mob it has become.

      I don't think the current teabaggers are not embarrassed at all about Bush. These guys aren't moderates- they're the die-hards. They're the undoubting sheep who can't see any fault with Republicans past or present, no matter how Bachmann-esque. Sure- they don't yearn for Bush as much as they yearn for Regan, but I think that's a matter of charisma and nostalgia. They're content with the current wars, "trickle-down economics", and complete deregulation- all Bush policies. They love the idea of Palin running things, so how could they possibly believe 43 was the lousy president he was?

    10. Re:Any objections? by nomadic · · Score: 2, Insightful

      it can go opposite way. Besides what's so inherently wrong with commodity based currency?

      You're pegging the value of the currency to something that has little connection to the economy as a whole; should the value of people's savings be based on how much shiny metal someone else managed to find in the earth this month?

      can't be printed so they would end all the keynesian nonsense that ruled supreme for the last 100 years

      You mean the 100 years which saw the greatest number of people lifted out of poverty and hand-to-mouth existence in human history?

      And for all the complaining about the Fed supposedly causing the bubble and it's bursting, what caused all the depressions before the Fed was created? Ron Paul is ignorant of economic history, like most libertarians.

    11. Re:Any objections? by SirLanse · · Score: 2, Insightful

      You are wrong on so many levels about so many things. The Tea Party are ashamed of Bush. They voted for a conservative and got a NEO Con who spent way more money then expected. He went after terrorists, ok, but let the dems run the economy at home. The Tea Party wants a smaller federal government, not just "our guys" running it. If you want the government to run you, stay in Calif or Mass. Let the rest of us run our own lives. You seem to forget how miserable Carter was as a president and how miserable the country was under his "leadership". Obama is reminding us of those days. It was Carter that made Ronnie look so good.

  6. Thats what you get with interns by StillNeedMoreCoffee · · Score: 2, Insightful

    More than likely an intern was getting the paperwork in, not trained, under paid, wanting to get out the to bar to meet the gang. Ah, government by the staff.

  7. Is it possible by ruiner13 · · Score: 2, Insightful

    That this isn't one bill with a conspiracy theory behind it, but perhaps that that code is used more like a placeholder and constantly overwritten when a new unnamed bill comes along?

    --

    today is spelling optional day.

    1. Re:Is it possible by Kral_Blbec · · Score: 4, Insightful

      Considering that it passed, how is that supposed to be reassuring? If a botched bill the staff messed up came up to vote on, that's one thing. To approve of it is another. We are supposed to be happy Congress voted to pass a new law they didn't even read the title of?

  8. Well by Dunbal · · Score: 4, Informative

    If you actually read the bill you'll realize that it contains $100 billion for spending on "education", clauses to let States governments go suck at the TARP nipple (shocking huh? Whatever happened to green jobs, etc that were promised?), new taxes for foreigners doing business in the US, foreign companies doing business in the US, and US citizens previously entitled to tax credits from living abroad, and well over $1 trillion worth of rescinded spending (presumably to get money to give to the State governments). There are other details, obviously.

    --
    Seven puppies were harmed during the making of this post.
    1. Re:Well by dachshund · · Score: 3, Interesting

      new taxes for foreigners doing business in the US, foreign companies doing business in the US, and US citizens previously entitled to tax credits from living abroad, and well over $1 trillion worth of rescinded spending (presumably to get money to give to the State governments). There are other details, obviously.

      And you should be thrilled about this. The House is now operating under PAYGO rules, which means that any new spending has to be offset by budget cuts or tax increases elsewhere.

      According to the CBO, if we manage to stick with PAYGO discipline, our debt will stabilize (i.e., the country will not fucking die). During the 2001-2008 we did not have PAYGO in force. As a result, we did horrendous, possibly permanent damage to the nation's finances.

      Let's pray that we don't go back to those days.

    2. Re:Well by Machtyn · · Score: 2, Insightful

      During 2009-2010, PAYGO was a nice thought, but we'll just make this one exception.. er, two exceptions... er, nevermind, we'll just exempt PAYGO on all spending bills we really REALLY want to shovel down the public throat.

    3. Re:Well by FlopEJoe · · Score: 2, Funny

      And you should be thrilled about this. The House is now operating under PAYGO rules, which means that any new spending has to be offset by budget cuts or tax increases elsewhere.

      I won't insult your intelligence by suggesting that you really believe what you just said. William F. Buckley, Jr

  9. Blame the lobbyists... by CosaNostra+Pizza+Inc · · Score: 2, Insightful

    Blame the thousands of lobbyists in Washington. They have many of the politicians in their pockets, both Republicans and Democrats. The lobbyists are their to protect the corporate exec's interests.

    1. Re:Blame the lobbyists... by dwandy · · Score: 3, Insightful

      Blame the thousands of lobbyists in Washington.

      The country is sick, and you want to blame the snot coming out your nose?
      Lobbyists aren't the problem: they're a symptom.

      --
      If you think imaginary property and real property are the same, when does your house become public domain?
  10. Not a bad idea in general by Velox_SwiftFox · · Score: 2, Funny

    It could save a lot of time if they would just pass the executive branch a few blank legislations to be filled in later.

    There isn't anything in the constitution prohibiting it, is there? Of course, you could not apply it ex post facto to dates before the blanks were filled in and so on.

    1. Re:Not a bad idea in general by antibryce · · Score: 3, Informative

      you jest, but that's essentially what congress has been doing for a long time. The health care bill essentially said "all these things will happen by this date" without detailing how they would happen. All of the details were handed over to HHS to work out on their own. Basically it was so vague (deliberately so) that the real effects won't be known until after HHS finishes figuring out how to implement it.

    2. Re:Not a bad idea in general by raddan · · Score: 3, Informative

      Yes, it's called the "non-delegation doctrine", which follows from Article One of the US Constitution. The Supreme Court first visited the topic in Wayman v. Southard in 1825, so it is a well-established legal principle. Congress may delegate some small authority, but it has to be severely limited in scope, i.e., simple rulemaking. E.g., the EPA is allowed to determine what constitutes a "pollutant". This was the subject of a recent Court decision. The Chief Executive is also given a little leeway when it comes to national security, see Executive Orders.

  11. Tax bills can't originate in the Senate by crow · · Score: 4, Informative

    If it is a bill to tax executive bonuses from TARP-receiving companies, then the Constitution says that it must originate in the House, not the Senate, but I suppose that detail is ignored.

    1. Re:Tax bills can't originate in the Senate by Anonymous Coward · · Score: 2, Informative

      True, but the Senate, long ago, figured a way around that. Just take some house bill that is going nowhere, offer an ammendment that replaces the entire text, and bingo, you're there.

  12. Shh! Dammit! by mandark1967 · · Score: 2, Funny

    My plan to have Congress name me king and eternal diety has come to fruition and you're ruining it!

    --
    Sig Follows: "Suppose you were an idiot. And suppose you were a member of Congress. But I repeat myself." -- Mark Twain
  13. Get a grip by moosesocks · · Score: 2, Informative

    Seriously, guys. A clerk somewhere screwed up, and probably needs to be fired. However, it's a pretty far cry from martial law.

    --
    -- If you try to fail and succeed, which have you done? - Uli's moose
  14. OMG by nomadic · · Score: 3, Insightful

    The world is ending, someone made a clerical error!

    1. Re:OMG by jd · · Score: 2, Funny

      It is not an error. Repeat, it is not an error. This bill is indeed about censoring the obscene language in XXXX lager commercials.

      --
      It's a small world and it smells funny; I'd buy another if it wasn't for the money; Take back what I paid (SoM)
  15. I may not be fully awake yet by mr_da3m0n · · Score: 4, Funny

    But for a split second there I wax expecting the Python programming language to be mentioned somewhere in there.

    1. Re:I may not be fully awake yet by forkazoo · · Score: 2, Funny

      But for a split second there I wax expecting the Python programming language to be mentioned somewhere in there.

      Wax expectations always seem to melt away once you become more familiar with the subject.

  16. Here's what I'd like to see. by Conspiracy_Of_Doves · · Score: 5, Interesting

    All bills should be written on a wiki-like system that is publicly viewable, along with all previous versions of the bill and which member of Congress made which changes.

  17. A new way! by AntEater · · Score: 4, Funny

    I think this could set a new precedent of how things are done in Congress. A far more efficient way. Our reps and senators could get together to vote for an unnamed and unspecified bill. Various congressmen could stand up and speak to the issues that are most important to their constituency and party. Republicans can argue about how the bill is a hand-out sponsored by the democrats and that we all just need to have some personal responsibility. The democrats could argue about how this is required to protect the children/poor/minorities. Once all the grand standing is completed and the various pork riders attached, it will be voted on. Once approved it can then be forwarded to the various lobbyists to fill in the blanks. It would be something like a blank check but a more democratic version. The details never mattered anyways.

    --
    Alex, I'll take keybindings not used by Emacs for $400....
    1. Re:A new way! by cosm · · Score: 2, Insightful

      I think this could set a new precedent of how things are done in Congress. A far more efficient way. Our reps and senators could get together to vote for an unnamed and unspecified bill. Various congressmen could stand up and speak to the issues that are most important to their constituency and party. Republicans can argue about how the bill is a hand-out sponsored by the democrats and that we all just need to have some personal responsibility. The democrats could argue about how this is required to protect the children/poor/minorities. Once all the grand standing is completed and the various pork riders attached, it will be voted on. Once approved it can then be forwarded to the various lobbyists to fill in the blanks. It would be something like a blank check but a more democratic version. The details never mattered anyways.

      If only that was different than how they do things now. The depressing thing is that while I laughed through your post, I realized that your hypothetical anecdote is exactly the political status quo. Funny thing how we use laughter to cope with tragedy...

      --
      'We are trying to prove ourselves wrong as quickly as possible, because only in that way can we find progress.' RPF
  18. Re:We are blessed by dk90406 · · Score: 3, Funny

    I beg your pardon? The XXXXXXAct ofXXXX is obviously about porn! Look at all the XXX - they are obviously just very excited.

  19. Re:We are blessed by Monchanger · · Score: 3, Insightful

    Short memory. The curse of the American people...

  20. The DROP TABLE bill; Act of DROP TABLE senate; by RevWaldo · · Score: 2, Funny

    "I was just wondering what would happen!", cried the page as the men in black suits and mirrored sunglasses bundled him into the back of the black SUV.

    .

  21. Very simple explanation by Shivetya · · Score: 4, Insightful

    It works very much like public schools. People will bemoan the fact that schools are not doing well, except the school their child attends.

    The same logic is used when voting for the incumbent. Congress is awful, but not my Congressman.

    We won't get these guys out until our political process is open to everyone fairly. As it stands now it is near impossible to get a non Democratic or non Republican elected. They can redistrict that possibility out. If they cannot do that way they will make your source of campaign funding illegal, or you method of distributing your message.

    --
    * Winners compare their achievements to their goals, losers compare theirs to that of others.
    1. Re:Very simple explanation by jpmorgan · · Score: 2, Insightful

      Why do you assume adding a third party will improve things? Political systems get more retarded as the population increases, not as the number of parties decreases. In all honesty, when you consider the primary election system, you yanks have a lot more variation in opinion at election time than we do up in Canada. And after election, your Congress is like a herd of cats, everyone has their own opinion and turf to defend. Honestly, you have too much political choice and opinion, as far as I can tell. With so many options on the table, the public never pays attention to the little details. And the devil is in the details. The end result is your government's execution is terrible. Every district and every special interest gets their piece of the pie. So nothing ever really gets fixed, because someone's taking advantage of the flaw in the system, and they've got their own lobbying group.

      The difference between the American Congress and the multi-party parliamentary systems you all seem to pine for isn't that we have more parties, it's that we have stronger party leadership. My government may not do what I want... or even a compromise. But at least it'll do it reasonably well, because our leaders don't have to appease their insane backbenchers.

    2. Re:Very simple explanation by NoOneInParticular · · Score: 2, Funny

      Seems like a sensible policy to me. You live in Jesusland, land of bible and creation. Thus it makes more sense to educate the illegals as they actually contribute to society.

  22. Re:We are blessed by Kral_Blbec · · Score: 2

    Incompetent implies they don't know what they are doing. I'm sure that there is actually a very carefully wrought plan in action.

  23. Comment removed by account_deleted · · Score: 5, Interesting

    Comment removed based on user account deletion

  24. Re:Sorry, What?? by cgenman · · Score: 4, Insightful

    the Democrats in the House, Senate, and White House have radically changed the landscape, and not for anyone's long-term benefit.

    If you accept that the massive influx of government spending is the proper response to a dead economy (I do), and that it is temporary (god I hope so), what specifically are you referring to? The healthcare bill got watered down to the point where all it did was set up a competitive price exchange for healthcare... sort of the Amazon.com of getting sick. They changed student loans to be a bit more fair, and expanded Pell grants for needy students. They passed an act where if your landlord gets foreclosed upon but you have a lease, your lease survives. And if you don't have a lease, you have 3 months to find a new place. They passed a few credit-card acts counteracting some of the more egregious offences, and giving business owners some rights. They passed a toothless wall-street reform act.

    What bills, specifically, are you referring to? I'm not asking facetiously. I know we tend to filter news through our own perceptions, and I wonder what I missed.

    And saying this is as bad as Bush II is going too far. We're not stuck in any new intractable wars, we haven't lost all of our allies, and we haven't had any new worldwide economic collapses.

  25. Partisan politics is immature bigotry. by baffled · · Score: 5, Insightful

    Intelligent folk should be above it. Both parties are broken, neither party aligns with your beliefs. Government isn't a sports game - the only real winners or losers are the people. The people of the US are giving up their independence and freedom to numbing mountains of laws and bureaucracy. They are ignorant of government spending and its resultant inflation and debt. The almighty dollar is the foundation we all stand upon and if you don't recognize the need for concern, you need to start paying attention to what our own accountants are saying - your Congressmen are not.

    1. Re:Partisan politics is immature bigotry. by budgenator · · Score: 3, Funny

      Forget about a "change we can believe in" and try a little "I can see November from my house" instead.

      --
      Apocalypse Cancelled, Sorry, No Ticket Refunds
    2. Re:Partisan politics is immature bigotry. by sumdumass · · Score: 2, Interesting

      Wow, look at the ignorance shine.

      Clinton has so much hate by this time in office that he completely lost control of the congress to the republicans. And no, the hate wasn';t directed at clinton as much as it was at his policies.

      Also, Clinton wasn't elected with a majority populare vote. In all essence, about 3/5s of the people in the US elected Clinton as the popular vote was split between three dominant candidates (with Ross Pero in the mix.)

      Also, the tea party movement existed long before a black man was in office as the president. The tea party movement is essentially the rational Ron Paul supporters who got off the Ron Paul Idol kicks and started making sense with their political ramblings.

      And to your parent, if the democrats had not put Turd sandwiches up for election, some of the 89% voted for republicans, would probably have vote democrat or more likely independent.

      The last three elections were literally the lesser of two evils elections on the republican/conservative outlook. Obama was able to get the "lets make history and you will be part of it so you are important" message out better though.

      What this ends up with is a growing number of people dissatisfied with the government no matter how you look at it.

    3. Re:Partisan politics is immature bigotry. by gorzek · · Score: 2, Funny

      I'm sorry, did you just spout "birther" nonsense to me?

      If you doubt Obama's citizenship there is a 98% likelihood that you are a hopeless idiot.

    4. Re:Partisan politics is immature bigotry. by Anonymous Coward · · Score: 2, Insightful

      The Tea Party is about ending the ridiculous spending and waste in Government.

      So where were you assclowns when Bush was writing the book on government overreach? As another commenter points out, it took the election of a (half)-black President to make the teabaggers sit up and pay attention.

      You people don't really give a crap about your country, or you'd have been screaming bloody murder during the Bush administration. "Conservatism?" Phooey... it's just another of your Protestant sacraments, to be paraded in front of your neighbors for appearance's sake.

  26. Let me fix a completely wrong summary. by Bill_the_Engineer · · Score: 5, Informative

    You'd think there might be a political agenda.

    Luckily this is old news and information is already out there.

    "Apparently the Senate was in such a rush to get out of town that it forgot to name an 'important' bill that it passed, so the bill goes to the House as The ______Act of____. That's how it appears in the Congressional Record, though the Library of Congress has it listed as The XXXXXXAct ofXXXX.

    Yes there appeared to be a last minute decision to replace the text of HR. 1586 with the contents of what will eventually become known as the "State Bailout Bill". Apparently there was a need to replace the contents of the "FAA Modernization Bill" with this emergency spending bill. Possibly the senators figured out that the fastest way to get this to the President's desk was to amend the last house passed bill to replace its contents, and then have the house reconvene to approve the change. No big conspiracy here, but some comical fodder about forgetting to put the final name of the bill into the text.

    As for what's in the bill, well that appears to be as mysterious as the name. It was officially announced as a bill to tax bonuses to execs who received TARP money. But then someone simply deleted the entire bill and replaced it with text about aviation security.

    No one did such thing, That's amendment S.AMDT.3486 to HR. 1586 Sponsor: Sen Schumer, Charles E. [NY] (introduced 3/11/2010)

    And then it was deleted again, and replaced with something having to do with education.

    See my explanation above, and this was not "deleted again". By the way the amendment is S.AMDT.4575 to HR. 1586 Sponsor: Sen Murray, Patty [WA] (submitted 8/2/2010) (proposed 8/2/2010)

    However, because of these constant changes, many of the services that track the bill have the old details listed. On top of that, Nancy Pelosi called the House back for an emergency vote on this unnamed bill, and anyone trying to find out what it's about might be misled into thinking its about aviation security or something entirely unrelated to the actual bill. And people wonder why no one trusts Congress."

    With the summary so full of political hyperbole, I can see why the submitter remained anonymous. The fact that the article actually provides the PDF of the congressional record proves that the submitter is completely wrong with his assertions.

    This supposed conspiracy doesn't rise to the level of the shenanigans that the Republicans performed when they passed the "Financial Services Modernization Act of 1999" that Clinton signed into law. It was that bill ultimately got us in the sad shape we are in now...

    --
    These comments are my own and do not necessarily reflect the views or opinions of my employer or colleagues...
  27. Lately this phrase keeps coming to mind... by Ex-MislTech · · Score: 4, Insightful

    “During times of universal deceit, telling the truth becomes a revolutionary act”

    ~ George Orwell

    --
    google "32 trillion offshore needs IRS attention"
  28. Re:You have to pass it to find out what's in it by Halo1 · · Score: 4, Insightful

    As Nancy Pelosi said of Obamacare "we have to pass the bill so that you can find out what is in it." What she means is that nobody could learn what was in the bill by reading it.

    Here's the full quote:

    But we have to pass the bill so that you can find out what is in it, away from the fog of the controversy.

    It seems more likely to me that she meant that all of the nonsense spouted by the extreme right (death panels and whatnot) made it impossible to have a reasonable discussion on what the bill was about. And that once it was passed all of that FUD would probably stop dominating the news so that the real information wouldn't be obscured anymore.

    --
    Donate free food here
  29. What is the Community Reinvestment Act? by spun · · Score: 5, Informative

    Clinton called for making mortgages more readily available, and signed what, exactly? Let's at least be honest about what Clinton's changes to the Community Reinvestment Act actually did. From the wiki page:

    In July 1993, President Bill Clinton asked regulators to reform the CRA in order to make examinations more consistent, clarify performance standards, and reduce cost and compliance burden.[55] Robert Rubin, the Assistant to the President for Economic Policy, under President Clinton, explained that this was in line with President Clinton's strategy to "deal with the problems of the inner city and distressed rural communities". Discussing the reasons for the Clinton administration's proposal to strengthen the CRA and further reduce red-lining, Lloyd Bentsen, Secretary of the Treasury at that time, affirmed his belief that availability of credit should not depend on where a person lives, "The only thing that ought to matter on a loan application is whether or not you can pay it back, not where you live." Bentsen said that the proposed changes would "make it easier for lenders to show how they're complying with the Community Reinvestment Act", and "cut back a lot of the paperwork and the cost on small business loans".[36]

    By early 1995, the proposed CRA regulations were substantially revised to address criticisms that the regulations, and the agencies' implementation of them through the examination process to date, were too process-oriented, burdensome, and not sufficiently focused on actual results.[56] The CRA examination process itself was reformed to incorporate the pending changes.[40] Information about banking institutions' CRA ratings was made available via web page for public review as well.[36] The Office of the Comptroller of the Currency (OCC) also moved to revise its regulation structure allowing lenders subject to the CRA to claim community development loan credits for loans made to help finance the environmental cleanup or redevelopment of industrial sites when it was part of an effort to revitalize the low- and moderate-income community where the site was located.[57]

    It should be noted that compliance with the CRA is entirely voluntary, if you don't want the tasty government tax credits, don't comply. The idea that Clinton somehow brought on the mortgage crisis by forcing banks to lend to poor people is simply ludicrous.

    --
    - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    1. Re:What is the Community Reinvestment Act? by interval1066 · · Score: 3, Interesting

      "The idea that Clinton somehow brought on the mortgage crisis by forcing banks to lend to poor people is simply ludicrous."

      You are correct, strictly speaking. However, it was done with the blessing of top leaders of the Democratic party. Here is a transcript of Barney Frank's speech before an assembly to amend the regulation of the Fannie and Freddie funds, this measure was rammed through Congress with the objections of the Bush Administration The measure went through the Democratically-controlled house regardless: Frank Speech.

      --
      Python: 'And then suddenly you have a language which says "we're all stuck with whatever the whiniest coder wants".'
    2. Re:What is the Community Reinvestment Act? by sjames · · Score: 3, Informative

      The idea that Clinton somehow brought on the mortgage crisis by forcing banks to lend to poor people is simply ludicrous.

      It's amazing how Republicans keep spouting that completely ignoring that Clinton neither suggested nor mandated ANY of the lending practices that lead to the collapse. Had the banks done what Clinton wanted and made it a bit easier for less well off people to buy a STARTER HOME (not a McMansion) at a decent rate, there would never have been a problem. Nowhere did Clinton mandate the outrageous balloon payments or the big lies mortgage brokers told financially naive people. Nothing in his guidelines required doing any of those scummy things in order to comply (with a voluntary program).

      All of that crap happened primarily on Bush's watch and he did nothing about it until it blew up. Then he handed the banks a big wad of cash as a reward for their corruption.

      It's a good thing for Clinton that Obama won, otherwise he'd still be getting the blame for current events on through the mid 21st century.

    3. Re:What is the Community Reinvestment Act? by spun · · Score: 2, Insightful

      Wait a second, that link is for a Frank speech in 2003, from a hearing on an administration proposal to change the CRA. It says so in the first sentence!

      So, in 2003, you are claiming that Bush objected to a Bush administration proposal?

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    4. Re:What is the Community Reinvestment Act? by rickb928 · · Score: 4, Insightful

      "What's funny is that the mortgage industry and derivative trading schemes that caused the implosion were mostly passed by a Republican congress and Democratic president... "

      "The idea that Clinton somehow brought on the mortgage crisis by forcing banks to lend to poor people is simply ludicrous."

      The financial crisis brought about by mortgage fraud and securities manipulation was brought on by the cumulative actions of several Administrations and Congresses. It is not a simple as CRA, but fundamentally goes back to repealing Glass-Steagell and the S&L scandals.

      To try and pin it on one party or President is misguided, and misses the salient points; that our government permitted unsound and failing financial regulation to be enacted, that the financial industry saw th opportunity to profit from it without concern for their inevitable failure, and that much of that process was driven by a huge segment of the financial industry that sponsored or committed criminal fruad on several different levels, and has not yet faced judgment. Indeed, they played the gambit that we would bail them out, if the problem got too big, and we did.

      Until we see many (thousands) of financiers, analysts, executives, brokers, and other agents do the perp walk, we are not done fully undestanding the cause and prevention of this sort of problem. CRA was just a part of this. Glass-Steagell was the precipitator of this chain of events. The S&L scandals predated and predicted this, and another attempt to do the same favor for the credit unions should be expected. The NCUA has so far been able to refuse the Congress' largesse.

      --
      deleting the extra space after periods so i can stay relevant, yeah.
    5. Re:What is the Community Reinvestment Act? by canadian_right · · Score: 2, Informative

      The CRA did not force any banks to make dodgy loans. It simply asked banks to be colour blind when evaluating loan applications.

      The whole mortgage melt down was caused by greed, lying to applicants to get them to take on mortgages they could not afford, then repackaging these bad mortgages as financial instruments that the raters (moodys etc..) rated triple A when they were junk and reselling them thus taking the risk away from the banks that made the bad loans. A lack of regulation allowed investment firms and banks to be woefully under capitalized which meant when the bubble burst they did not have enough cash on hand to survive the downturn.

      When things are booming everyone laughs at the stodgy Canadian banks that play by the rules, are much more regulated than USA banks, and are generally pretty conservative. When the bubble bursts Canadian banks look like geniuses.

      --
      Anarchists never rule
    6. Re:What is the Community Reinvestment Act? by operagost · · Score: 2, Interesting

      *sigh* Do I have to link to this AGAIN? Some disasters are caused by policy change due to political pressure.

      --

      Gamingmuseum.com: Give your 3D accelerator a rest.
  30. Re:Sorry, What?? by CAIMLAS · · Score: 2, Informative

    The "peace and prosperity" of the 1990s was not the result of anything Clinton did. In fact, the assertions are actually false.

    It wasn't unprecedentedly peaceful. During Clinton's term (not even the full 1990s), there were more military actions than there were from 2000-2010. If you're going by number of sanctioned actions, the 1930s were the most peaceful (only three - related - actions, in China).

    From the start of Clinton's presidency in 1993 - right off the fucking bat - he starts throwing stones at the Balkans (making matters worse, as UN actions usually do). That's a collossal fuck-up, yet nobody even talks about it or acknowledges it as one - despite the troubles still going on today. Then there's Sudan, Liberia, repeated bombings in Iraq, Somolia actions (fail!), air strikes in Afghanistan, and of course repeat Balkan bombings. And of course there were the heightened War on Drugs efforts, and the "unprecedented" use of federal police for domestic military action against US citizens (Waco, Ruby Ridge).

    This, despite the cease of conflict between Soviet states/interests and the West - ie, the Cold War being over. Granted, most of these were punitive actions so he could "look tough" and had little actual impact (aside from the Balkans). If there was peace, it was because threats were being ignored (such as, oh, Osama's buddy trying to assassinate Clinton in the Philipines). Calling it "unprecedented peace" is a pile of shit so deep you could call it a hill.

    The economic prosperity, on the other hand, really did happen, but it was akin to not paying your power bill to buy a new TV. He did some things with regard to employment, but he was incredibly fortunate to arrive on the scene when he did: before the 2nd wave of substantial off-shoring occurred, and at the cusp of the so-called Information Revolution. Between opening up the national oil reserves (cheap oil/gas), increased off-shoring, and the explosion of the tech industry, he'd have had to try pretty hard to make things not grow like wild fire. (Likewise, the 1997-2000 bubble, and it's ultimate collapse around 2002, can be safely attributed to the same dotcom bubble).

    I should note I'm not justifying any of the crap since or before Clinton, but calling Clinton a saint of a President is a bit shortsighted (to say the least!).

    --
    ~/ssh slashdot.org ssh: connect to host slashdot.org port 22: too many beers
  31. Congress and the Press Clash Incongruously by ccalvert · · Score: 2, Insightful

    Granted, one can always find individual cases that demand outrage, but overall, the reporting on Congress is more alarmist than accurate. Put 600 people in a room and ask them to make a decision. Any 600 people, any decision. If you'd like, you can just put the people designing C++ or HTML in a room and ask them to come up with a spec. Now give reporters full access to everything they say and do. If, in one week's time, reporters can't make everyone on that random committee look like an idiot, then they aren't trying.

    The point is that Congress is not supposed to look pretty. It never has been pretty. It never has been noble. It has always, regardless of who is in power, been preoccupied with petty squabbles and produced absurd compromises. It is, as many have pointed out, the worst system imaginable -- except for all the rest.

    The right is now having fun shooting ducks in a barrel by making fun of Congress, just as the left has had fun maligning Congress when the right was in power. All this is very entertaining, but it is shows a fundamental misunderstanding of how government works. All this attention from the press just makes congressman grand stand, and promotes the silliest and most disruptive sound bites without promoting anything useful. The problem is not so much Congress, but the way Congress and the press interact.

  32. Re:Hmm... by HasselhoffThePaladin · · Score: 2, Informative

    Hell, I laughed out loud at that one. For those not in on the joke:

    Peter Jennings is dead.

  33. Re:Sorry, What?? by jimrthy · · Score: 3, Interesting

    I can't speak for the original poster. But I disagree with pretty much everything you said so strongly that I couldn't resist putting in my $0.02.

    If you accept that the massive influx of government spending is the proper response to a dead economy (I do),

    I don't. Massive government spending turned a minor little recession into the Great Depression. It's never helped, and it never will. Central planning the Keynesians love so much has failed time and again.

    If something doesn't work, the answer is not to do more of the same thing. Get the government out of the way and let the free market work. (And, no, we have not had anything vaguely resembling a free market since the Depression).

    Nothing except a free market economy will ever be able to cope with black swans.

    and that it is temporary (god I hope so),

    Social Security was a "temporary emergency measure." And it will end, when the Ponzi scheme (which it is) collapses under its own weight. Government never voluntarily gives up any of its power. But go on hoping for change you can believe in.

    what specifically are you referring to? The healthcare bill got watered down to the point where all it did was set up a competitive price exchange for healthcare... sort of the Amazon.com of getting sick.

    Actually, it got turned into a giant gimme to the insurance companies (who are crying all the way to the bank) and yet another giant bureaucracy that will destroy the quality of health care in this country. Along with tons of extra police-state tidbits like extra taxes on gold.

    They passed a toothless wall-street reform act.

    That's kind of the point. The people were screaming against the bailouts. The more we learned, the louder we screamed. So they passed this to placate us and promise "This will keep it from ever happening again." And people fell for it. Most Americans are still so brainwashed that they actually trust the "government" to protect them from the "evil corporations."

    Regulations like that are just a security blanket. For all intents and purposes, those "evil corporations" have become "the government."

    And saying this is as bad as Bush II is going too far. We're not stuck in any new intractable wars,

    He's following Bush II's policies pretty much point for point. Along with his handling of accused "enemy combatants"...at least Bush II never sentenced an American citizen to death without any sort of trial. And the war machine's trying really hard to find an excuse to open up another front in Iran. Give it time.

    we haven't lost all of our allies,

    I suspect that's mainly because they're still buying into the belief that "absolutely anyone would have to be better than Bush" (which I thought, too, until I started to actually listen to what he was--and wasn't--actually saying.

    He has managed to insult most of our allies and kiss most of our enemy's asses. Not quite as bad as Bush II, but I think he more than makes up for it elsewhere.

    and we haven't had any new worldwide economic collapses.

    Not really fair to blame that one totally on Bush (though he definitely deserves a share of the blame). The roots for this one go back to at least Carter's days. And we're pretty much still in the middle of it. (Throwing money at it makes it look like things are improving, but you have to fix the actual problems before you can expect them to go away).

    Much as I despise Bush, this collapse is more the fault of the boom-bust cycle that's guaranteed by the Federal Reserve and government interference in the market (in this case, encouraging, and sometimes requiring, banks to take extra risks while promising to protect them when the risks backfire).

    Mainstream economists are starting to admit that we're still in serious trouble, and won't be in the clear for a long time. I almost suspect they're finally coming around to the idea that the double-dip the Austrians are predicting just might be possible after all.

  34. Obligatory Futurama Quote by Jason+Levine · · Score: 2, Funny

    From Hermes: "Sweet something of someplace!"

    --
    My sci-fi novel, Ghost Thief, is now available from Amazon.com.
  35. A way to do it better? by DesScorp · · Score: 4, Insightful

    When the system for legislation gets so confusing that not even the people passing the bills can keep it straight, I think it shows that there is some fundamental flaw in the system, or it didn't scale well or something.

    Do we have to go back to Schoolhouse Rock?

    I've been looking at the constitutions of other countries, past and present, and ironically, I think the best solution to this was actually included in the Confederate constitution during the Civil War. They banned the practice of sneaking in pet projects on the back of a bigger ones:

    "Every law, or resolution having the force of law, shall relate to but one subject, and that shall be expressed in the title."

    Keeping legislation to one topic both simplifies the process and eliminates logrolling, at least outright. If we were to vote on a new round of amendments to the Constitution, this would be near the top of my list. I'm so tired of reading about a slew of pet projects on the back of a bill completely unrelated to the subject... things like grants for local agencies tucked into a defense bill.

    --
    Life is hard, and the world is cruel
  36. But then you still run in to the problems by Sycraft-fu · · Score: 2, Insightful

    What do they collect it from and so on? While the tax might be fixed, with regards to the economy, the specifics would be highly fluid.

    So Evil Fascist Republican A gets elected, puts his people in the IRS. He tells them "No taxing business at all, I want this all taken from income, and it has to be at a fixed rate." So the poorer people end up getting hit hard, they have a 20% tax, or whatever, same as everyone else. Businesses get hit with no taxes of any kind.

    Then Loony Commie Democrat B gets elected and his people go in the IRS. He says "No taxes on the poor or middle class at all, everything has to be paid by the rich and business." So suddenly the rich's tax burden balloons to massive levels, 80% of their income gets taken. Businesses get hit with huge taxes they never had to pay in the past.

    Because the only thing tax law specified was that you could collect not more than 20% (and of course the government would always collect the max) it means it is 100% up to the administrative law as to how that is done. That is of course determined by the agency responsible, and that agency is run by the executive branch.

    So maybe you say "Ok, we need more checks in the law, to prevent that from happening, we'll specific more limits, more ways that taxes must be collected and so on." Good, but notice what you are now doing is making the law more complex.

    Like I said, I'm not opposed to simplification of the law, but you have to be realistic about how simple it can be. The world is a complex place, you cannot expect an extremely simple set of laws to effectively govern it.

  37. Re:Congressional Procedure by alienasa · · Score: 2, Informative

    Uh... the Senate can absolutely propose legislation. They just aren't allowed to propose spending bills - that is entirely the realm of the House. Otherwise you're correct.

  38. Re:Sorry, What?? by jimrthy · · Score: 2, Interesting

    I was under the impression that monetary contraction is widely regarded as one of the factors that contributed to the Great Depression, and that Roosevelt's New Deal (which certainly increased government spending), as the Wikipedia article on the Great Depression so neatly puts it, "either caused or accelerated the recovery".

    That's the general wisdom accepted by the mainstream economists who were telling us "don't worry, everything's fine!" right up until the world's economy collapsed.

    The fed contracting the money supply (central control) was a huge mistake, and definitely a factor. But the main reason it was a problem was that shop keepers couldn't afford to immediately drop prices, and workers couldn't deal with the inevitable wage cuts. Not to mention that all those bank loans didn't magically deflate at the same time.

    If you're really curious, check out Murray Rothbard. There's a link on that page to a PDF of _America's Great Depression_ (really, Slashdot? No <u> tags?). Mainstream economists don't have much respect for the Austrian school, but they're the ones who warned us what was coming. (Full Disclaimer: I haven't found the time to read it yet. It's just one on the subject that my friends keep telling me I absolutely must read Immediately...well, right after Hayek's _The Road to Serfdom_).

    Many current economists are saying that the currently biggest threat we face, economically, is deflation.

    Those are the mainstream economists again. The ones who are telling us heavy inflation (which they consider a good thing) isn't happening, when one of the biggest risks we're really running (according to the Austrians) is hyperinflation. The academic types who sit around on college campuses, pulling new formula out of thin air because, hey, that makes economics look like a hard science. The ones who don't suffer any real consequences when they inevitably blow it.

    So it would seem to me that if there is anything we should do to control economic development at this point, it is actually increasing the amount of money in circulation,

    As I understand it, we've pretty much doubled it in the past year. Admittedly, the different ways economists have of describing how much money's in circulation make my head spin.

    and even printing more money is currently a viable way of doing that.

    I think that probably depends on your definition of viable. From many points of view, that's pretty much the definition of "inflation."

    The good news is that it looks like we will all soon know how different policies work out: as far as I can tell, current US policy is to keep stimulating the economy by pumping money into it, whereas many countries in the European Union are introducing budget cuts to reduce government debt. We'll see how these opposite policies effect their respective economies.

    That really is the way to find out. Except that the EU's tied all their wagons together. Ours is the biggest one, leading the train. If any of us go off the cliff, we're pretty much all going.

    Then again, economics really isn't a hard science (no matter what most economists try to pretend). So we should get analysts from all the different schools who'll look back after the dust settles and rationalize whatever happens in a way that "proves" they were right all along.

    <shrug> (For anyone who's curious about other "alternative" economists who have a history of making correct predictions, check out Gary North. He's a bit of a religious nut, but he has an excellent track record).

  39. Re:Hmm... by Uncle+Warthog · · Score: 2, Funny

    Either this is a magnificent troll or someone's a complete jackass.

    Why does it always have to be either/or with you people? "All the above" is a perfectly viable option too......

  40. Re:Sorry, What?? by jimrthy · · Score: 2, Interesting

    I think it's a little more involved than that. The Federal Reserve drops interest rates to get banks to borrow more. Theoretically, they're supposed to turn around and invest it in loans so they can earn more than it's costing them. Then the greedy businessmen get their nefarious hands on it (probably through doing something unscrupulous like building something people want to buy and then selling it to them) and it winds up getting invested in some hot new stock/commodity/whatever.

    Speculators jump on that trend and drive the price artificially higher, until the bubble bursts and we start blowing up another.

    The problem isn't really that greed's just part of human nature. It's that the central planners are manipulating the system by injecting more money (aka inflation) at an interest rate so low that people can't resist.

    As a side note, we'd probably be in the middle of hyper-inflation right now if the banks were holding up their end of the bargain. They're borrowing like hot cakes at the current ridiculously low interest rates. But then they're just sitting on that cash (i.e. losing money). Most people seem to think that's to bolster their cash reserve for some unfathomable reason. I suspect it's some sort of shady way for the Fed to keep juggling its smoke and mirrors.

    Booms and busts have probably always been with us (not that pretty much anyone has ever tried true free market capitalism, so who knows? It might be the silver bullet for them too). They've just gotten much worse since the Federal Reserve kicked in and the Keynsians got prominent.

    But I wasn't talking about booms and busts. I was talking about Black Swan Events (wikipedia has a pretty good explanation). The basic idea is that the market is just too complex for central planners to deal with. Sooner or later, something they can't possibly foresee will come along and collapse their house of cards.

    Gary North explains Black Swan Events much better than I can.