On the 8th day before Christmas, Congress…

December 17, 2010

‘Twas eight days before Christmas and all through the Hill, lots of legislative stirring…

A nuclear arms treaty with Russia, gays in the military, avoiding a government shutdown, and even loosening immigration law. All these weighty issues are enough to make any politician on Capitol Hill reach for something easier to decide. 
So, it’s official. Mark Twain is one of America’s most famous literary icons.

RTRFGEU_CompIt says so in House Resolution 1733. Congress, with its hands full trying to jam a year’s worth of legislative activity through the days before Christmas, managed to squeeze out the Twain bill giving the writer of “The Adventures of Huckleberry Finn” recognition on the 175th anniversary of his birth and the 100th anniversary of his death.

Thomas Edison may not be so lucky. Republican Congresswoman Marsha Blackburn tells FOX  Business Network: “I can tell you that on January 5th as we are sworn in, a bill is going to be put in the hopper … that will push to repeal the light bulb.”

(We will resist the temptation for the obvious “how many lawmakers does it take to screw in a light bulb?”)

Meanwhile, soon-to-be Speaker John Boehner was on a bit of a tear…

He said he would quickly be turning  to “killing the job-killing health care law,” not to mention ending “the job-killing spending binge.” And he wants to axe the “job-killing policies that are denying economic growth and opportunity.”

“I’m going to run the House my way,” Boehner said.

Photo credit: Reuters/Jim Bourg (a bust of author Mark Twain)

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Two questions on a comparative economy. (1.) Once  Canada runs out of natural resources to sell will it’s the GST and PST be enough to support their health care, welfare, education and pension systems on the tax revenues from foreign made goods or would the US be like South Korea waiting for the 80% of Canadians to rush over the Niagara river under the Free Trade Act. (2.) Can the US economy grow through the importation of foreign building supplies, illegal construction workers and the tax revenues on foreign goods or are the Wal-marts and mega malls to big to fail?

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