Thursday, November 04, 2010

Okay, so it means a little more than that.

...But we have to pass the bill so that you can find out what is in it... Nancy Pelosi, Former Speaker of the House

I don't worry about the Constitution....It Doesn't Matter to me" Phil Hare, Former US Representative (D-IL17)

These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis Barney Frank, Former Chair, House Appropriations Committee

...I keep forgetting that you have to root these people out one at a time.

I feel bad sometimes, because I feel like Democrats should have delivered more for the people who supported us. In 2008, 75 percent of the people who voted for me were Democrats. Only 23 percent of Republicans voted for me. What does that tell me? I should be doing the most for the people who voted for me, not the people who voted the other way. -- Alan Grayson, Former US Representative (D- FL8)


Health care for all Americans is the most pressing domestic issue today. It's far past time for the President and Congress to deliver health care to everyone. -- Russ Feingold, Former US Senator, WI

The things we've done have helped the country avoid another Great Depression -- Baron Hill, Former US Representative (D-IN9)

Wednesday, November 03, 2010

What the election means

Frankly, I wasn't really looking for much to happen either way. The election was anticlimactic. The people told the pollsters who they were going to go out and vote for, and that's what they did. Pretty orderly transition as far as I could tell. Heck, I even went on to bed at 9:00. It's like you are watching an NFL game, and the line is 21 points. You are only watching to see if it gets any closer.

So, did the republicans cover the spread? Yes, by a small amount. They did most of their scoring early, and then let the third string mop up. The tea party was MVP, but they had a few fumbles.  In any case, I hope the republicans know what the message is here. Remember the season of '94?

Anyway, I was more interested in the Fed meeting today (One blogger posted that the Fed is as "federal" as Federal Express is). The Federal Reserve Board is meeting today, and will vote on whether or not to print more money and inflate the bond market. These are the people who need republican supervision. If they vote to fire up the printing press by another trillion, these next two years won't be an improvement over the last two. Not sure what Boehner and the tea team can do about it at this point, but at least they could start putting the real numbers up on their web site. That would be a step in the right direction.

Congrats to the republicans. By the way, Intrade.com has posted the odds for 2012, and it seems the expectations are picking up that the democrat will win the white house. I wonder if that means Hillary has made her decision.