Entries Tagged as 'Congress'

The Headlines Review

August 30th, 2009 at 8:10 pm Comments Off

Napoleon Linardatos presents a humorous take on today’s headlines.

“As Internet Booms, the Postal Service Fights Back”

-New York Times, 08.28.09

The U.S. Postal Service plans to start its own email service. The users of the service will be able to send and receive emails every day except Sunday.

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“Bernanke Victimized by Identity Fraud Ring”

-Newsweek, 08.25.09

The Federal Reserve Chairman, Ben Bernanke, became suspicious when his attempted online purchase of Suze Orman’s The Laws of Money was declined.

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“Colorado wildlife experts get aggressive going after smart bears”

-Denver Post, 8.24.09

Bears found in Mensa meetings will be shot at once.

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“GOP Offers Seniors Health Bill of Rights”

-Associated Press, 8.24.09

Article I. Congress shall make no law reducing the massive intergenerational wealth transfers instituted by our political opponents in the years past.

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“Yahoo renews vow to fight Microsoft”

-Financial Times, 8.25.09

Yahoo’s CEO said “We shall fight them on the closed circuits, we shall fight them on the e-commerce platforms, we shall fight them on the copper and fiber lines, we shall never merge.”

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“Anne Fine deplores ‘gritty realism’ of modern children’s books”

-The Times, 8.24.09

J. K. Rowling’s newest book Notes from the Hogwarts Underground will be out this fall.

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“Iran puts leading reformers on trial over unrest”

-Reuters, 8.25.09

The dissidents are charged with disorderly contact and astroturfing.

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“U.S. limits visas in Honduras, stepping up pressure”

-Reuters, 8.25.09

In an effort to improve its relationship with the Obama administration, Honduras plans to turn decidedly anti-American.

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“Italy to Ask Libya for Help in Controlling Migration”

-Wall Street Journal, 8.28.09

If Libya refuses the offer, Italy plans to cut off the head of Gaddafi’s favorite camel and place it in the dictator’s bed.

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“Robbers pretended to sell President Obama health insurance policies to invade Long Island home”

-New York Daily News, 8.29.09

The victims got wary when they were told that the first insurance premium payment would consist of the plasma TV, the kid’s iPod and the “really cute shepherdess lamp.”

Obamacare Isn’t Happening

August 25th, 2009 at 11:05 pm 6 Comments

Five months ago, the conventional wisdom in Washington was that Obama would achieve a transformational healthcare victory by the August recess.  Obama, as “sort of God,” was certainly capable of marshaling support for comprehensive health care reform.

When that deadline became unrealistic, the conventional wisdom turned in favor of a healthcare victory lap sometime when Congress returned in September.

Then the floor fell out, and the conventional wisdom shifted again.  The CBO scores wrecked any O-mentum and the town halls erupted.  Now, Obama might have to scale back his ambitious agenda for healthcare reform.  But rest assured, Congress would give him a bill, he would sign ‘something called health care reform,’ and any mojo lost in the fight over healthcare would be quickly restored as the President took his victory lap for this historic legislative achievement.

When the conventional wisdom on Obamacare shifted this last time, I turned to Mrs. Clay and said I wish Vegas was taking bets on this, because I would go all-in on the conventional wisdom shifting yet again.

And so it might.  Senator Russ Feingold (D-WI) had the following to say last week at a town hall meeting in Wisconsin.

Nobody is going to bring a bill before Christmas, and maybe not even then, if this ever happens.

If there is any hard and fast rule to be learned in Washington, it is that the conventional wisdom is rarely worth the paper the pundits write it on.

Right now, my money is on Senator Feingold’s currently unconventional prediction, proving conventional come Thanksgiving.

And the pundits will have seen it coming all along.