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Category: Chriss Street

Harry Reid Goes Nuclear On Minority Rights – Chriss Street

Majority Leader Harry Reid and President Barack Obama rallied 52 Democrats and independents to vote to weaken 224 years of protection of minority rights in the Senate by eliminating the filibuster. Now only 51 votes, rather than 60, are required for Senate approval of executive and judicial branch nominees. Complaining that Republican intransigence drove him to use the “Nuclear Option”, Reid argued, “There are currently 75 executive branch nominations ready to be confirmed by the Senate,” he said, “waiting an average of 140 days.” But Republican Senator Susan Collins responded, “I think the minority will rue the day that they broke the rules to change the rules.”

Obamacare Tech Surge led by Top Obama Donor – Chriss Street

In Congressional hearings on the day before Halloween, Health and Human Services Secretary Kathleen Sebelius promised a “Tech Surge” will rescue Obamacare’s HealthCare.gov software by the end of November.  But a review of campaign and fund raising activities by a key executive associated with general contractor for the surge, Quality Software Services Inc. (QSSI), raises […]

Why China Wants To Dump the Dollar – Chriss Street

China’s Dagong credit rating agency on October 17th downgraded its United States sovereign credit rating to A- and maintained its negative outlook on America’s solvency.  Dagong warned that despite Washington’s last-minute resolution of the debt ceiling deadlock: “The fundamental situation that the debt growth rate significantly outpaces that of fiscal income and gross domestic product […]

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