Invasive Senate Bill Affects All Payment Processors
A sweeping payment processing amendment proposed by Senator Christopher Dodd has been quietly buried within a six hundred and thirty page housing bill. The legislation is found within HR 3221, The Foreclosure Prevention Act of 2008, the main focus of which is the current housing crisis. Slipped into this legislation, however, is a proposed set of laws that have generated altogether separate issues Read More...
The House and Senate have each come up
In 2001, the US economy had entered a recession and the government issued rebate checks to most people in hopes people would run out and spend them and help stimulate the economy. While the effectiveness of that move haven't been proven one way or another really, congress is currently looking to run a similar program in 2008. The House and Senate have each come up with different rebate plans that Read More...
Famous Filibusters in American Political History
The filibuster as a political delaying tactic has been a part of the American political process since the adoption of the U.S. Constitution. Though it was not used in the early years of the nation, the filibuster has been used hundreds of times since the 1840's. Here are a few of the famous filibusters from our political history. The U.S. Constitution does not limit the length or nature of Read More...