Saturday, Jul 27th
Last update06:11:15 AM GMT
Congressional Glance
The sanctions would target oil which Iran's economy is dependent on. The bill would also ban trade with companies that do business with Iran. The President has not stated whether he will sign the bill into law but did warn Iran that it would suffer "growing consequences" if they ignored international obligations. President Obama introduced similar legislation when he was Senator.
TVNL Comment: The overlords have spoken.
In the wake of the Supreme Court's Citizens United ruling, Sen. Mitch McConnell (R-KY) has been quick to denounce a bid by Democrats to stop foreign corporations from pouring money into U.S. elections, claiming current law already bars such spending. As we've reported before, it's not nearly as simple as that -- but McConnell should know: The GOP Senate leader has raked in campaign cash from a subsidiary of a major foreign defense contractor that's currently being investigated by the Justice Department for bribery.
"There's been a coup, have you heard? It's the CIA coup. The CIA runs everything, they run the military. They're the ones who are over there lobbing missiles and bombs on countries. ... And of course the CIA is every bit as secretive as the Federal Reserve. ... And yet think of the harm they have done since they were established [after] World War II. They are a government unto themselves. They're in businesses, in drug businesses, they take out dictators ... We need to take out the CIA."
MSNBC's Rachel Maddow believes she has found the smoking gun proving Republicans' hypocrisy on health care and the budget deficit: an admission by Utah Republican Sen. Orrin Hatch that, during the Bush administration, "it was standard practice not to pay for things."
The Senate has narrowly rejected a plan to allow Americans to import low-cost prescription drugs from Canada and other countries.
The amendment by North Dakota Democrat Byron Dorgan failed on a 51-48 vote. Sixty votes were needed to prevail.
Dismissing complaints from some members that Congress had more pressing matters, a House subcommittee approved legislation Wednesday aimed at forcing college football to switch to a playoff system to determine its national champion.
"With all due respect, I really think we have more important things to spend our time on," Barrow said before the vote, although he stressed he didn't like the current Bowl Championship Series, either.
TVNL Comment: Is this a Congressional issue? Should they be spending even one minute on this?
A controversial amendment to allow bankruptcy judges to modify mortgages so homeowners can avoid foreclosure was rejected by lawmakers as they consider sweeping bank reform legislation under consideration by the full House.
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