One of the largest pieces of legislation in U.S. history was enacted this week when the President signed the American Economic Recovery Package.
The Peak Oil Crisis: Leadership
We are having an election for Governor in Virginia this year and, as could be expected, inboxes and mail slots are already filling with messages from the candidates.
The Peak Oil Crisis: The Stimulus
As the economy spirals deeper and deeper into an economic morass, Washington’s attention this week is focused on the $900 billion economic stimulus package that is making its way through the Congress.
Moran Convenes Extraordinary Meeting with Local Officials to Prepare for Stimulus Bill
ARLINGTON, Va., Jan. 16 – At an urgency-called meeting with local government officials in his eighth district of Northern Virginia, Rep. Jim Moran laid out how $500 billion in federal economic stimulus funds will be rushed to infuse the withering national economy with job-creating infrastructure and related projects.
N. Va. Lawmakers Warn of Ugly Session in Richmond
$3 Billion in Cuts as ‘Philosophical Divide’ Persists It’s going to be an ugly 45-day legislative session that gets underway in Richmond next week. Decisions on almost $3 billion in state budget cuts, due to the economic downturn, face the same “philosophical divide” between liberals and moderates, on one side, […]
Nicholas F. Benton: Why Obama Pulled His Punches
Had Sen. Barack Obama really unloaded on Sen. John McCain in the second presidential debate, as he could have, the outcome of the election would be assured.
F.C.’s Wachovia Branch: How Wall Street Hits Broad Street
Walking into the local branch of Wachovia Bank at the intersection of N. West and W. Broad Streets in Falls Church this week, you couldn’t tell from looking around that anything had happened.
The Peak Oil Crisis: Bailouts & Shortages
We are witnessing one of the most eventful weeks in modern history. Stocks and oil prices plunged on Monday and bounced on Tuesday; credit markets seem to be freezing; the Congress remains in gridlock as members watch the approaching elections fearful of what could happen to their incumbency.
Congressman Moran’s News Commentary
Congress voted Monday on a package designed to rescue the financial industry and pull our economy from an expected major downturn. It failed by 12 votes.
Letters to the Editor for the Week of October 2 – 8, 2008
Maller Down on Wall Street Bailout Plan Editor, Like all Americans and indeed the entire world I have watched with fascination the financial turmoil of the past weeks and months.