Bayh Resigns

FROM The Washington Post: "After all these years, my passion for service to my fellow citizens is undiminished, but my desire to do so by serving in Congress has waned," Bayh said at a press conference in Indianapolis. Bayh cited the lack of bipartisan comity as one of the main reasons for the decision. "There is too much partisanship and not enough progress -- too much narrow ideology and not enough practical problem-solving," he said. "Even at a time of enormous challenge, the peoples' business is not being done." He specifically cited the recent vote that killed the creation of a debt commission as evidence of the partisan gridlock."

How to Fix Congress

I just got this email forward and I must say, I think it is PERFECT. I am 1000% in support of this. Send this on to your friends and family as well! It's time to do something. Being in D.C. SHOULD NOT be a lifetime career. They forget what it's like to actually be an American citizen once they're there too long!

Congressional Reform Act of 2010

1. Term Limits: 12 years only, one of the possible options below.

A. Two Six year Senate terms

B. Six Two year House terms

C. One Six year Senate term and three Two Year House terms

Serving in Congress is an honor, not a career. The Founding Fathers envisioned citizen legislators, serve your term(s), then go home and back to work.

2. No Tenure/No Pension:

A congressman collects a salary while in office and receives no pay he or she are out of office.

Serving in Congress is an honor, not a career. The Founding Fathers envisioned citizen legislators, serve your term(s), then go home and back to work...

3. Congress (past, present & future) participates in Social Security:

All funds in the Congressional retire-ment fund moves to the Social Security system immediately. All future funds flow into the Social Security system, Congress participates with the American people.

Serving in Congress is an honor, not a career. The Founding Fathers envisioned citizen legislators, server your term(s), then go home and back to work.

4. Congress can purchase their own retirement plan just as all Americans.

Serving in Congress is an honor, not a career. The Founding Fathers envisioned citizen legislators, serve your term(s), then go home and back to work.

5. Congress will no longer vote them-selves a pay raise. Congressional pay will rise by the lower of CPI or 3%.

Serving in Congress is an honor, not a career. The Founding Fathers envisioned citizen legislators, serve your term(s), then go home and back to work.

6. Congress loses their current health care system and participates in the same health care system as the American people.

Serving in Congress is an honor, not a career. The Founding Fathers envisioned citizen legislators, serve your term(s), then go home and back to work.

7. Congress must equally abide in all laws they impose on the American people.

Serving in Congress is an honor, not a career. The Founding Fathers envisioned citizen legislators, serve your term(s), then go home and back to work.

8. All contracts with past and present congressmen are void effective 1/1/11.

The American people did not make this contract with congressmen; congress-men made all these contracts for themselves.

Serving in Congress is an honor, not a career. The Founding Fathers envisioned citizen legislators, serve your term(s), then go home and back to work.

Another Tax Threat

From our friends at the US Chamber of Commerce:

Some politicians in Congress are proposing a new "tax on financial transactions" ... the last thing our recovering economy needs and another obstacle for America's job creators.

The stock transaction tax would assess a fee on the sale or purchase of any stock, raising transactions costs, forcing businesses overseas, and creating a loophole that only lawyers and lobbyists would benefit from.

Bottom line: this tax would increase the cost of doing business in America, limit opportunities for investors and sacrifice more American jobs.

Not surprisingly, this new tax is backed by Big Labor, and would impose a .25% tax on all stock trades in the misguided hope of raising $150 billion for another stimulus bill.

But this bill won't stimulate the economy -- it will do the exact opposite.

In fact, a similar transaction tax was repealed by Congress in 1966 for the depressing effect it had on the American economy.

Once repealed, costs fell and the number of Americans investing in the stock market dramatically increased -- helping markets grow and prosper.

If you ask me, I'm getting REALLY tired of these "know it alls" that are in O's administration that have NO idea how to successfully run a business (let alone a country) telling us what is and isn't good for us. Stay away from my money!!!

riddle me this

How can ANYONE use the "Bush spent too much money excuse" now?

2010 budget released--sending our country into a $1.56 trillion deficit. Now that is the way to start a Monday morning!!

Graph pulled from March 24, 2009 post on The Foundry