THE AMERICAN JOURNAL

Rep. Snyder bows out

Rep. Vic Snyder (D-Ark.) has announced he will not seek reelection, 24 hours after a poll showed him losing his 2010 race by 17 points

Read more: The Hill

January 15, 2010 Posted by | Uncategorized | , , | Leave a comment

Senate Can Pass Health With 51 Votes, Van Hollen Says

By Jonathan D. Salant

Jan. 15 (Bloomberg) — Even if Democrats lose the special election to pick a new Massachusetts senator Tuesday, Congress may still pass health-care overhaul through a process called reconciliation, a top House Democrat said.

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“Even before Massachusetts and that race was on the radar screen, we prepared for the process of using reconciliation,” Chris Van Hollen of Maryland, chairman of the Democratic Congressional Campaign Committee, said.

Read more: Bloomberg

January 15, 2010 Posted by | Uncategorized | , , | Leave a comment

Obama Gives Former Food Lobbyist Michael Taylor a Second Chance at the FDA

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But here’s where that claim runs up against the past. While Taylor was the FDA’s policy chief in the early 1990s, the agency approved genetically modified crops and bovine growth hormone for cows, new technologies that both benefited Monsanto enormously. And FDA rules stated that both GM foods and bovine growth hormone would not need labeling to let consumers know when it was appearing in their food

Read more: BNET

January 15, 2010 Posted by | Uncategorized | , , | Leave a comment

Barney Frank Says Multi-Million Dollar Bonuses for Government-Owned Freddie, Fannie ‘Too High’–But Nothing Can Be Done About It

Friday, January 15, 2010
By Nicholas Ballasy, Video Reporter

(CNSNews.com) — The Obama administration recently approved base salaries of $900,000, plus $3.1 million in deferred payments, and another $2 million in bonuses for the CEOs of the failed mortgage giants Fannie Mae and Freddie Mac. When asked if tax dollars should pay those bonuses or if they should be cancelled, the chairman of the House Financial Services Committee, Rep. Barney Frank (D-Mass.), told CNSNews.com that the bonuses were “too high” but “nothing can be done now.”

Read more: CNS News

January 15, 2010 Posted by | Uncategorized | , , , , , | Leave a comment

‘Poster Child’ for Obama hypocrisy on green jobs?