politics

A Political Foul

rnc.jpg

The Republican National Committee preaches lower taxes and less government spending. But their own spending habits are now a hot topic on political talk shows.

The RNC is working to recoup about $2,000 from a vendor it says charged the committee to entertain some contributors at a strip club. The committee says several members of their Young Eagles group had been in Los Angeles for a meeting and while there, visited a club known for its topless dancers and bondage outfits. The $2,000 bill was added to this month’s financial disclosure report and caught the attention of a conservative political blog site. They have since fired staffer Allison Meyers who was the Director of the Young Eagles program.  read more »

That's Scandalous

capitol 2.jpg

From Joe the Plumber to the Obama Inauguration, it's been an historic year for taxpayers. But whichever way you voted, it was also the year for scandal on Capitol Hill.

From sex to money to sex it seemed every month had its own politcal mishap and things aren't slowing down yet even with the new year right around the corner. Thanks to the state dinner crashers and President Obama's Nobel Peace Prize during a state of war, 2010 looks to be off to a great start.  read more »

The politics of interest rates

The Fed’s decision to lower interest rates a half point to 1 percent Tuesday reminds me of a political story from not so long ago.

Back when the first President Bush was running for re-election against Bill Clinton in 1991, he made a brief appearance before the Society of Business Editors and Writers (SABEW) annual meeting in Washington. The economy was in terrible shape, and the Clinton camp was making full use of its now famous line, “It’s the economy stupid.” But President Bush was busy blaming the Fed for keeping interest rates too high. (He later blamed Fed Chairman Alan Greenspan for his eventual defeat.)  read more »

Filed under: