Welcome to the home of Donavon West. An independent consultant and Microsoft MVP. I'll be discussung things that are near and dear to me, including life, love, technology and politics. Are you looking for Donavon Stinson? Or possibly even Donavon Frankenreiter? (man, that dude is everywhere!)

This Blog | Home Server Hacks | LiveGadgets.net | The Swatch | VehiCROSS.net | Explore the Studio Space | Chuck Todd Facts

from Think Progress

With Wall Street’s financial institutions in turmoil, Sen. John McCain (R-AZ) argued in a series of interviews today that his experience on the Senate Commerce Committee meant he knew “how to fix this economy.” “I understand the economy. I was chairman of the Commerce Committee that oversights every part of our economy,” McCain told CNBC’s Squawk Box. Watch it:

But, as the Washington Post points out, the Commerce Committee doesn’t oversee “every part of our economy,” let alone “the very areas now in crisis“:

In fact, it is the Senate Banking Committee that has oversight of “banks, banking and financial institutions; control of prices of commodities, rents and services; federal monetary policy, including the Federal Reserve System; financial aid to commerce and industry and money and credit, including currency and coinage.”

According to its Web site, the Commerce Committee oversees 13 areas, beginning with the Coast Guard, and continuing through “regulation of consumer products and services … except for credit, financial services, and housing” — the very areas now in crisis.

It’s not that surprising that McCain is confused about the Commerce Committee’s economic responsibilities, considering that he freely admits, “The issue of economics is not something I’ve understood as well as I should.”

1 comments:

Unknown said on December 2, 2015 at 4:57 AM ...

If you do not contain thousands of dollars to help you additional, you may be very likely buying decent implemented replica watches sale simply because ordering a lot of these expensive running watches implemented will be able to offer very good reduction while not giving up high-quality. Discreetly renovate ones own revenues scripts inside appeal to piquing requests and you will definitely you want to keep prospective clients questioning and even hopeful for alot more. You can get extraordinary hublot replica which will are experts in that deal in really Wholesale handbags, and will also be very happy know the majority of these hublot replica uk can be honest and even put up for sale unique programs. As a consequence, you must not be frightened to be defraud. Variances fake rado offered for sale within promote will depend on that shoppers as expected. Champleve teeth enamel and even allayed court case brimming with decorated teeth enamel showed up.

 

Post a Comment