Friday, January 27, 2006
The Beltway Party
Democrats plus Republicans equals the Beltway Party...
In the Wall Street Opinion Journal:
"But it gets worse. Congress legislated the system that now exists. Congress planted the seeds back in the '70s for what is revolting you now with two enactments--the Budget and Impoundment Control Act of 1974 and the 1974 amendments to the Federal Election Campaign Act of 1971. Both were marketed as reforms."
"The first law turned political Washington into a trillion-dollar industry camouflaged as the federal budget. The second ensured that sitting members of Congress and K Street lobbyists would become the entrenched management of that industry. Compared to this, Enron is a kindergarten game."