Today's announcement has made some major waves.
One protest this week highlighted the flood of money and corporate influence into politics. Another highlighted the question of whether, given this flood, the voice of the people can still be heard.
Mitch McConnell didn't like the Tea Party from the get-go, but he was a shrewd enough political player to carry their water when he had to. Those days are over. He has survived their onslaught, and from here on out expect him to call the shots.
When the Paul family, Ron Paul and son Rand Paul, blame the Federal Reserve and its cheap money policy during the Bush years for creating the housing bubble and the resulting financial collapse, they are only telling a fraction of truth. The bigger problem was the loophole Phil Gramm wrote into the 2000 Federal Budget that made it possible for banks to lend at ratios that were guaranteed to end in disaster.
'There's no greater threat to our country than the (national) debt,' says fiscally conservative, regulation-abhorring U.S. Senate candidate Rand Paul.
