Wednesday, June 23, 2010

Enters the Senator From Massachusetts

Multiple sources tonight say that in all likelihood the hedge fund loophole (known as a 'de minimis exemption') will be included in the offer that the conference committee considers this week.

Senator Loophole. Great

"I think Senator Dodd's doing a wonderful job," Brown said tonight. "We're trying to address everybody's concerns. Obviously it's important...for Massachusetts businesses, and businesses throughout the country to continue to operate as they have as many many years."

By all means, let's keep doing business like we have for "many many years"

via tpm

Today's Wingnut Moment of Zen

The presumptive GOP nominee for Minnesota's upcoming governors race pulls the "tenther" card.

Minnesota state Rep. Tom Emmer, the presumptive Republican nominee for governor, has further expounded on his theories of nullification, declaring that states have the power under the Constitution to undo federal legislation.

Of course these vapid supporters of the constitution, and blasters of the Obama cult of tyranny in shredding the constitution haz them a wee problem.

There's one problem that Emmer and other nullifiers -- or to use a modern term from the blogosphere, "Tenthers," after the Tenth Amendment -- would face: State nullification of federal laws has consistently been found to be unconstitutional throughout this country's history.

I suppose all those federal judges over he centuries must have "liberal Activists" and a quick processing through the wingnut alternate truth machine should wash all that marxist yackety yak out and bring us some God sanctioned republican truth.