Subject:
US Congress The United States Congress is the bicameral legislature of the federal government of the United States of America, consisting of the Senate and the House of Representatives. Both senators and representatives are chosen through direct election.
Each of the 435 members of the House of Representatives represents a district and serves a two-year term. House seats are apportioned among the states by population. The 100 Senators serve staggered six-year terms. Each state has two senators, regardless of population. Every two years, approximately one-third of the Senate is elected at a time. Reelection rates for incumbents often exceed 90%.
Article I of the Constitution vests all legislative power in the Congress. The House and Senate are equal partners in the legislative process (legislation cannot be enacted without the consent of both chambers); however, the Constitution grants each chamber some unique powers. The Senate is uniquely empowered to ratify treaties and to approve top presidential appointments. Revenue-raising bills must originate in the House of Representatives, which also has the sole power of impeachment, while the Senate has the sole power to try impeachment cases.
The Congress meets in the U.S. Capitol in Washington, D.C.
The term Congress is also used to refer to a particular meeting of the national legislature, reckoned according to the terms of representatives. Therefore, a “Congress” covers two years. The current 111th Congress convened on January 6, 2009.
[Wikipedia: 2009]
Phony financial reform
By John Schroy, on July 17th, 2010 |

Unfortunately, instead of a ‘game-changing’ confidence-inspiring reform, the Obama administration presented the United States with the Dodd-Frank Act — a legislative miscarriage that has the potential to hold back recovery and impair the position of New York as a world financial center for decades — unless repealed or drastically amended.
Healthcare Economics
By John Schroy, on April 7th, 2010 |

Barack Obama failed to achieve his dream of nationalized healthcare for one simple reason.
He forgot that doctors and hospitals were still operating under the Free Enterprise system. His focus was entirely on health insurance, as if this were the only road to healthcare. Doctors and hospitals are still in the private sector.
They are still free to act — and react. And they will.
US politics
By John Schroy, on March 31st, 2010 |

Poorly written law can sometimes be successful when the vast majority of people agree with the intent and there is bipartisan support to correct errors.
This is not the case with the Patient Protection and Affordable Care Act of 2010.
However, the most astounding thing about Obamacare is that the individual mandate is basically a misnomer — there are no penalties on individuals for not buying health insurance. Or are there? ECRV2Y9MMZ86
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