The 2010 midterms are just around the corner (sort of). Here's what's happening: Prominent Blue Dog Rep. John Tanner (D-TN) will retire at the end of his term, giving Republicans a chance for a pickup; former McCain organizer Lang Sias will announce his challenge to sophomore Rep. Ed Perlmutter (D-CO) tomorrow; former Chicago Inspector General David Hoffman (D) is running a TV ad in the race for President...
Guest blogged by Brian On the November 25, 2009 Your World, guest host Stuart Varney interviewed Rep. Ed Perlmutter (D-Colorado) about his plan to tax stock trades a quarter point. It would raise $150 billion; half to balance the budget, and half to pay for jobs creation. Varney repeatedly interrupted and sneered at Perlmutter, though his questions indicated he had no clue about either the purpose...
Because the stimulus has worked out so well, a pair of magical politicians (see below), have figured out a new way to "Pay" for it: Two Democratic congressmen have cooked up a plan to help us out. The strategy entails sucking another $150 billion of capital investment out of the market each year and handing it to an organization that can't balance a budget, borrows money with abandon, runs...
House Democrats Peter DeFazio of Oregon and Ed Perlmutter of Colorado are readying a bill under which "the sale and purchase of financial instruments such as stocks, options, derivatives and futures would face a 0.25 percent tax," the Hill reports. The
Jesus is Lord, A Worshipping Christ (Free subscription) | 11/25/2009
A House bill still being drafted aims to raise $150 billion each year to pay for new jobs. Under a bill being drafted by Democratic Reps. Peter DeFazio (Ore.) and Ed Perlmutter (Colo.), the sale and purchase of financial instruments such as stocks, options, derivatives and futures would face a 0.25 percent tax. The bill, a copy [...]
Via Drudge comes this news , reported by The Hill newspaper, of a long-awaited (by lefties) stock transaction tax bill. Just about every sentence in the article is infuriating, in that dull way: Under a bill being drafted by Democratic Reps. Peter DeFazio (Ore.) and Ed Perlmutter (Colo.), the sale and purchase of financial instruments such as stocks, options, derivatives and futures would face a 0.25...
In reply to Blog for November 24, 2009 : Vad, I have stated this before: Peter DeFazio (Ore.) and Ed Perlmutter (Colo.) are definitely IQ challenged if they think a trading tax will do anything other than destroy the US capital market. Have they seen the volumes this week? Well, put on a tax and those volumes will be 10% of that and you can kiss goodbye to NYSE and NASDAQ because we will only be trading...
Two weeks after their party's leaders told Gordon Brown to stick it , two Democratic congressmen want to tax financial transactions to partly reduce the deficit, and partly to build a kitty for public sector jobs. (h/t: Andy ) Under a bill being drafted by Democratic Reps. Peter DeFazio (Ore.) and Ed Perlmutter (Colo.), the sale and purchase of financial instruments such as stocks, options, derivatives...
Yesterday something truly startling happened. The American people won and the Establishment lost-- IN CONGRESS. That never happens. Alan Grayson and Ron Paul teamed up and made it happen-- against the wishes of their party leaders and, more important, against the wishes of the big banks that donimate the country and finance the campaigns of most of Congress. (Which probably means the bill-- we'll get...
A Denver-area businessman has formed an exploratory committee to look into running for the suburban 7th District congressional seat now held by U.S. Rep. Ed Perlmutter.
Mish's Global Economic Trend Analys (Free subscription) | 11/19/2009
It's time to make some phone calls. It will take less than 10 minutes. Here are the Democrats who support the auditing of the fed. Rep. John Adler, NJ: (202) 225-4765 Rep. Travis Childers, MS: (202) 225-4306 Rep. Steve Driehaus, OH: (202) 225-2216 Rep. Rubén Hinojosa, TX: (202) 225-2531 Rep. Suzanne Kosmas, FL: (877) 956-7627 Rep. Dan Maffei, NY: (202) 225-3701 Rep. Brad Miller, NC: (202) 225-3032...
So yes, my Representative Ed Perlmutter voted for the costly, restrictive monstrosity known as Pelosi Care (HR 3962). But how does he justify his positions? How did his office respond to last week’s House Call on Congress rally? And how were citizen-journalists from the People’s Press Collective received when they came to discuss Perlmutter’s position [...]
It seems there is a proposal to create a new board to set accounting standards ( h/t Digby ): The mechanism is contained in an amendment set to be introduced in mid-November by Rep. Ed Perlmutter (D-Colo.) that would move final authority over the Financial Accounting Standards Board (FASB) from the Securities and Exchange Commission to a new body, a so-called "oversight" board, that would...
Congressman Ed Perlmutter (D-CO) joined me in the AM760 progressive dojo this morning for a full hour of in-studio discussion and audience questions. You can listen to the exchange here . It was a good back and forth - and we covered a lot of ground. Specifically, he talked about Wall Street reform, his proposal for a new transaction fee on speculators, the Afghanistan war, immigration and the state...
Late Tonight, the US House Passed Comprehensive Health Insurance Reform Bill Denver, CO - Reps. Diana DeGette, Ed Perlmutter, Jared Polis and John Salazar, all Democrats, voted with the majority as the U.S. House of Representatives set the standard for real health insurance reform when it passed the Affordable Health Care for America Act late tonight. Democratic Rep. Betsy Markey voted with the Republicans...