SERVING THE QUANTITATIVE FINANCE COMMUNITY

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ppauper
Topic Author
Posts: 70239
Joined: November 15th, 2001, 1:29 pm

### how's that new congress doing ?

Dems running the show, speaker Pelosi, etcconfidence in Congress at all time lowQuoteJust 14% of Americans have a great deal or quite a lot of confidence in Congress. This 14% Congressional confidence rating is the all-time low for this measure, which Gallup initiated in 1973. The previous low point for Congress was 18% at several points in the period of time 1991 to 1994. And it seems that despite complaints about the RINOs spending money like drunken sailors when they ran the show, things are even worse with the Dems in chargeQuoteBush is confronting Democrats over their plans to spend $23 billion more than the$933 billion indiscretionary spending he requested for the fiscal 2008 appropriations bills.

PaperCut
Posts: 1616
Joined: May 14th, 2004, 6:45 pm

### how's that new congress doing ?

Whew ! It's a good thing those guys got elected. Looks like the war would still be raging if they hadn't.Wait a second. You mean they haven't stopped the war? But they promised. You don't suppose they might be the sort of people who...don't keep promises, do you?Hmm...

ppauper
Topic Author
Posts: 70239
Joined: November 15th, 2001, 1:29 pm

### how's that new congress doing ?

deja vu all over againA paltry 11 percent rated Congress positively, beating the previous low of 14 percent in July

hullabaloo
Posts: 122
Joined: July 27th, 2007, 11:17 am

### how's that new congress doing ?

The Republican strategy is now clear: Block every major effort by the majority in Congress to pass legislation sought by the American people, and then blame Democrats for a do-nothing Congress.Republicans want to tear down the temple in the hope that both parties will be equally discredited in the rubble. This is akin to someone mugging the postman and then complaining that the mail isnt delivered on time.But we are exposing the scheme and the obstructionists who are carrying it out.Get the full story:

Posts: 11048
Joined: February 1st, 2005, 11:21 pm

### how's that new congress doing ?

QuoteOriginally posted by: hullabalooThe Republican strategy is now clear: Block every major effort by the majority in Congress to pass legislation sought by the American people, and then blame Democrats for a do-nothing Congress.Republicans want to tear down the temple in the hope that both parties will be equally discredited in the rubble. This is akin to someone mugging the postman and then complaining that the mail isnt delivered on time.But we are exposing the scheme and the obstructionists who are carrying it out.Get the full story:Ah, what it is to get wise to the ways of the world. Shattered all our childhood delusions?

ppauper
Topic Author
Posts: 70239
Joined: November 15th, 2001, 1:29 pm

### how's that new congress doing ?

that's odd. I don't remember hullabaloo being opposed to filibusters when the dems were the minority.

hullabaloo
Posts: 122
Joined: July 27th, 2007, 11:17 am

### how's that new congress doing ?

which ones did you have in mind

PaperCut
Posts: 1616
Joined: May 14th, 2004, 6:45 pm

### how's that new congress doing ?

hullabaloo
Posts: 122
Joined: July 27th, 2007, 11:17 am

### how's that new congress doing ?

-- Bullshit. Here is an article of interest, from the AP. (I found it on Yahoo.)-- Let's not make up incorrect party characterizations of "good guys versus bad."-- To what:I fail to see how your blurb disagrees with the previously published data. i.e. you forgot to make a point that was relevant to the topic at hand. But I would not worry about it, it happens a lot around here.

ppauper
Topic Author
Posts: 70239
Joined: November 15th, 2001, 1:29 pm

### how's that new congress doing ?

nice post, mr papercut

ppauper
Topic Author
Posts: 70239
Joined: November 15th, 2001, 1:29 pm

### how's that new congress doing ?

hullabaloo:I was trying to ascertain if you're intrinsically opposed to the use of the filibuster to block legislation,or only opposed to its use by republicansthe dems have not been averse to filibustering legislation in the past.For example the Democrats blocked a number of measures in the 108th Congress, including:Quote The Class Action Fairness Act of 2004 (S. 2062), which would close a loophole infederal court jurisdiction rules and create a consumer bill of rights in order to preventtrial lawyers from abusing class action procedures at the publics expense [filibusteredin the Senate]; The Fairness in Asbestos Injury Resolution Act of 2004 (S. 2290), which wouldreduce the prevalence of attorney-driven fraud and manipulation in asbestos-relatedlawsuits by establishing a privately funded trust fund to compensate asbestos victims[filibustered in the Senate]; The Patients First Act of 2003 (S. 11), which would help healthcare providers affordmedical liability insurance coverage by setting sensible limits on compensation fornon-economic damages [filibustered in the Senate]; The Energy Policy Act of 2003 (H.R. 6), which would provide a comprehensivenational energy policy that balances domestic energy production with conservationand efficiency efforts to enhance Americas security and decrease our dependence onforeign sources of oil [House passed Conference Report in 2003; Conference Reportfilibustered in the Senate]; The Personal Responsibility and Individual Development for Everyone (PRIDE)Act (H.R. 4), which would maintain the phenomenal success of the 1996 welfarereform law by continuing to give states flexibility in providing the services that lowincomefamilies need to become self-sufficient [House passed in 2003; filibustered inthe Senate]; The Confirmation of Highly Qualified Federal Judges. For the first time in U.S.history, a partisan minority of Senators has filibustered judicial nominations to thefederal bench, threatening the administration of justice as the nations federal courtscontinue to struggle to cope with judicial vacancies. Democrats have blocked up-ordownvotes on 10 judicial nominees this Congress.In addition, Democrats refuse to go to conference on the following bills passed by the Senate:the Internet Tax Nondiscrimination Act (S. 150); the Charity Aid, Recovery, andEmpowerment (CARE) Act of 2003 (S. 476); and the Workforce Investment Act (S. 1627/H.R.1261). These bills will not become law until Democrats cease their obstructionism.However, the issue is not whether you think these particular bills should have been blocked,but rather whether you are opposed to the filibuster or only republican filibusters

hullabaloo
Posts: 122
Joined: July 27th, 2007, 11:17 am

### how's that new congress doing ?

I like this one "The Patients First Act of 2003", which restricts the amount of compensation that said patient can receive. As they say do not judge a book by its cover.The Top 10 filibuster falsehoods

ppauper
Topic Author
Posts: 70239
Joined: November 15th, 2001, 1:29 pm

### how's that new congress doing ?

hullabaloo, I didn't understand your answer to the question of whether you're intrinsically opposed to the use of the filibuster to block legislation, or only opposed to its use by republicans

hullabaloo
Posts: 122
Joined: July 27th, 2007, 11:17 am

### how's that new congress doing ?

This is a deliberate strategy. Republican whip Trent Lott told Roll Call, The strategy of beingobstructionist can work or fail and so far, its working for us.2 Democrats are the ones taking theblame for not getting anything done.The Senate and the President, however, stopped progress. The President vetoed the bill that wouldend the occupation of Iraq. Republicans continually threaten to filibuster, requiring 60 votes forcloture (a limit on debate) to proceed on a wide variety of measures. The first session of the 110thCongress saw 45 cloture votes in eight months,1 far above historical norms (see the chart on thenext page). Republicans are on pace to bring the number of filibuster threats and cloture votes to alevel nearly half again as high as the 108th and 109th Congress put together.Obstruction

Posts: 11048
Joined: February 1st, 2005, 11:21 pm

### how's that new congress doing ?

Poor dibs, people not playing by your rules again?