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Thursday, Apr 25th

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House panel passes college football playoff bill

Dismissing complaints from some members that Congress had more pressing matters, a House subcommittee approved legislation Wednesday aimed at forcing college football to switch to a playoff system to determine its national champion.

"With all due respect, I really think we have more important things to spend our time on," Barrow said before the vote, although he stressed he didn't like the current Bowl Championship Series, either.

TVNL Comment: Is this a Congressional issue? Should they be spending even one minute on this?

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House votes against letting judges alter mortgages

A controversial amendment to allow bankruptcy judges to modify mortgages so homeowners can avoid foreclosure was rejected by lawmakers as they consider sweeping bank reform legislation under consideration by the full House.

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A Special Message to Joe Lieberman from His Roommate at Yale

When Joe sold out Gore and the Democratic Party in Florida after the  2000 election (blessing all military votes without regard to proper electoral procedures), I lost faith in him. Since then, he has proven himself to be a sell-out to the Bush Administration's War on Iraq, to the Bush nominations of reactionary justices to the Supreme Court (where were his threats of filibuster then?), and now to the fiscal interests of Big Pharma and Big Insurance. He is a wholly owned subsidiary of Aetna and Pfister. He no longer cares about what's good for the American people. He has clearly sold his soul to the Dark Side of capitalism.

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Congressmen Denouncing U.N. Inquiry Receive Handsome Donations from Pro-Israel Lobby

But on Wednesday, the House of Representatives approved a non-binding measure denouncing a United Nations inquiry that found that Israel committed scores of war crimes in its three-week assault last year in Gaza. More than 1,300 Palestinians were killed in the Israeli attack, many of whom were civilians, according to Amnesty International. Headed by South African jurist Richard Goldstone, the inquiry also accused Hamas of war crimes and said both sides should investigate the allegations or face international prosecution.

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GOP Blocks Freeze On Credit Card Interest Rate Hikes

Senate Republicans blocked a Democratic effort Wednesday to immediately freeze increases in credit card interest rates, fees and finance charges.

Senate Republicans blocked a Democratic effort Wednesday to immediately freeze increases in credit card interest rates, fees and finance charges.

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In House, Many Spoke With One Voice: Lobbyists’

Statements by more than a dozen lawmakers were ghostwritten, in whole or in part, by Washington lobbyists working for Genentech, one of the world’s largest biotechnology companies.

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Senate Plan Would Expand Regulation of Risky Lending

The chairman of the Senate banking committee on Tuesday proposed to dramatically overhaul the regulatory system by consolidating bank agencies, creating a consumer financial protection agency and imposing new restraints on exotic financial instruments and credit rating agencies.

The 1,136-page plan by Senator Christopher J. Dodd, a Connecticut Democrat, differs in major respects from both the White House and House plans. Even before it was made public, it had encountered sharp resistance from Republicans and powerful business interests in Washington.

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