Category: Government

House passes historic financial rules revamp

December 11, 2009 by THE POLITICUS

WASHINGTON - A year after Wall Street failures plunged the U.S. into recession, the House of Representatives on Friday passed the most ambitious restructuring of financial regulation since the New Deal of the 1930s.

The sprawling legislation gives the government new powers to break up companies that threaten the economy, creates a new agency to oversee consumer banking transactions and shines a light into shadow financial markets that have escaped the oversight of regulators.

The vote was a party-line 223-202. No Republicans voted for the bill; 27 Democrats voted against it.     Read more

CNN: Lou Dobbs or Latinos in America?

October 28, 2009 by Voto Latino

CNN host Lou Dobbs spreads misinformation and hatred about immigrants and Latinos. Yet CNN continues to broadcast his show, even as they are courting Latino viewers. It's time for that to end    Read more

Experts: Pelosi right to fear violence

September 25, 2009 by THE POLITICUS

House Speaker Nancy Pelosi recently invoked the grim specter of political violence, arguing that today’s angry political climate could cause people to cross the line from heated talk to dangerous actions.

Republicans sharply rejected her claim, with House Minority Whip Eric Cantor (R-Va.) saying Pelosi is “living in another world.” Others charged that the California Democrat herself stoked emotions by labeling some health reform protesters “un-American.”    Read more

Obama as witch doctor: Racist or satirical?

September 17, 2009 by Optimistic

By Ashley Fantz
CNN

(CNN) -- Posters portraying President Obama as a witch doctor may be racist, organizers of Tea Party protests say, but they reflect anger about where he is leading the country.

A Tea Party rally protester holds a sign with President Obama depicted as a witch doctor.

1 of 2 The posters, showing Obama wearing a feather headdress and a bone through his nose, have recently popped up in e-mails, on Web sites and at Tea Party protests.    Read more