The Democrats’ financial reform bill making its way through the Senate is universally panned as a bad piece of legislation not by Republicans, but by finance experts contacted for this New York Times story.
Andrew W. Lo, an MIT professor, had this illuminating quote:
“Until we understand what the causes were, we may be implementing ineffective and even counterproductive reforms,” said Andrew W. Lo, a finance professor at the Massachusetts Institute of Technology. “I understand the need for action. I understand the need for something to be done. But what I expect from political leaders is for them to demonstrate leadership in telling the public that we need to proceed about this in a much more deliberate and rational and thoughtful way.”
That sounds like what Republicans are saying. So I looked up Lo on the Federal Election Commission website to see if he gave money to the GOP. Nope. He maxed out to Obama in 2008 ($2,300) and gave $4,000 to Ed Markey in 2004.
When even liberal Cambridge professors are attacking a signature Democratic Party bill, you know it’s a bad bill.
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?
H/T to National Review Online