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The last time Members of Congress took a cut in pay was on April 1, 1933 -- the midst of a Great Depression. At a time of similar economic turmoil and record deficits, Congress should not require sacrifices of others without tightening its own belt.
If the committee fails, though, there are supposed to be "triggers" pulled -- automatic cuts to both domestic spending and military budgets. But you know what? I am confident that these triggers will never be pulled. To put it another way, these automatic cuts are never going to happen. Oh, sure, there may be some noise about them, accompanied by handwringing and teeth-gnashing inside the Beltway, but I remain confident that the actual budget cuts will never take place.
Herman Cain is, if he can be believed, convinced that a conspiracy from the Left is responsible for the accusations of sexual harassment against him. This is, not to put too fine a point on it, ridiculous.
Every so often, I am so impressed by a comment to one of my columns that I offer to just turn my column over to the author, and let them have my soapbox. This doesn't happen often, usually around once per year.
I've written a few columns so far about the Occupy Wall Street protest, [...]
The author's basic premise is that Romney is a flip-flopper who can't be trusted by conservatives. He'll win the Republican nomination, and then go on to lose to Obama next year. The article (and the hundreds of comments) make fascinating reading.
While the subject of which American politician's sex scandal came first is a debatable one (such as: did Benjamin Franklin's dalliances in Paris count?), most agree that the sex-and-blackmail scandal of Alexander Hamilton was the first with any impact, from George Washington's time onwards.
Like many Americans, I watched the events unfold in Oakland this week with some trepidation. Occupy Oakland tried two new tactics in protesting, and both were very successful at achieving a key goal -- that of getting your message across. Both the general strike and the temporary port shutdown were successful, in this regard. Later in the night, however, a group of jerks came close to ruining all this, by their criminal behavior.
This was, to put it mildly, completely unacceptable to a large swath of the Republican base. Cain hastily backtracked, and is now as "pro-life" as he can humanly be, stating that abortion should be illegal in every single case -- no matter what the extenuating circumstances.
This is not only a victory for consumers (and the Occupy Wall Street folks, incidentally), but a triumph of mathematics and economics. Because it is ridiculous that big banks should even contemplate these fees in the first place.
We'd like to begin today with an issue that we regularly get incensed about here, mostly because it flies under the radar of just about everyone -- including the entire media universe. Because for once, Democrats are making the attempt to use the issue to make some political hay (even though, in this regard, they're admittedly almost as bad as the Republicans).