StanCollender'sCapitalGainsandGames Washington, Wall Street and Everything in Between



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Posted by Stan Collender
Here's my column from yesterday's nationaljournal.com.
Posted by Stan Collender
Yesterday’s press event at the White House, where President Bush screamed at Congress for not yet passing any of the fiscal 2008 appropriations bills reminded me of the 1966 football game between Michigan State and Notre Dame.

I have vivid memories of that game. What I remember most is that, with the game tied 10-10, Notre Dame ran out the clock while the Michigan State players screamed at them to run a play and taunted them for not doing so.
Posted by Stan Collender

Al Kamen's "In The Loop" column in yesterday's Washington Post talks about the fake press conference held by FEMA had excruciatingly hard-to-read details about how the agency literally fabricated the whole thing, from reporters to questions.

Almost A Huge Hit

27 Oct 2007
Posted by Stan Collender

From Scrappleface:

House Republicans plan to introduce a conservative alternative to the Rangel alternative to the Alternative Minimum Tax.

Posted by Stan Collender

Wall Street should be paying more attention to the 2008 congressional election than the presidential contest. 

The reason is simple, as well as one that eveyone -- networks, investors, commentators, etc. -- always seems to forget: Regardless of who the next president is, nothing will happen on taxes and spending unless Congress agrees to do it.

That makes the House and Senate results at least as important for the issues investors and those that serve them tend to focus on, like taxes and spending.

2 Questions

25 Oct 2007
Posted by Stan Collender

1. If drivers continue to be willing to pay higher and higher gasoline prices, why shouldn't we expect them to keep rising?

 

2. One of the cell phone companies advertises that it has "more bars" than anyone else. Wasn't there a time not too long ago when that would have been an ad for a resort?

 

Posted by Stan Collender

The fires in southern Calfiornia have become the latest in what is now a long line and steady series of Katrinas and Walter Reeds, that is, a federal program that was deliberately underfunded and its effectiveness seriously...and disastrously...undermined.

 

Posted by Stan Collender

My column on nationaljournal.com this week is a serious departure for me. Instead of commenting/explaining/screaming about what others are doing about the budget, I provided what I called the Collender Manifesto, my idea of how fedreal budget decisions should be made. Judging from the responses I've already received, there's plenty here for everyone to hate,. so I must be doing something right. All additional comments much appreciated.

 

Here's the column for what I hope will be your reading enjoyment.

 

Posted by Stan Collender

Higher mlitary spending or more Blackwaters are on the way. That's the inevitable conclusion from today's "Budget Battles" on nationaljournal.com.

 

Here's the key point: the increased use of expensive contractors was inevitable given the federal budget politics that encouraged the White House and Capitol Hill to underestimate the military threat to the United States and the forces needed to deal with it so that  lower costs could be projected.

 

Posted by Stan Collender

You have to wonder if it's the same person at the White House?

Years after the administration displayed the "mission accomplished" banner behind the president as he spoke on an aircraft carrier about how hostilities in Iraq were over, the president spoke yesterday in Arkansas in front of a banner saying "fiscal responsibility."



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