Monday, June 09, 2008

The Rubber Stamp missed his calling!

You have to check this out, from the Sunlight Project's Fortune 535:

Amazing. The man shouldn't be in government; he should be at a brokerage firm managing a mutual fund. Seriously.

Why would I say this? Because even prudent investors who'd invested ten grand into Fidelity's Magellan fund in 1995 would only have had a return of 163% in ten years, and actually lost ground between 2005 and the present.

All of which makes me wonder exactly what "Rubber Stamp" does in Washington anyhow. We know he's not actually getting any bills that he's written and submitted passed. Is he spending his time carefully managing his shares of Pfizer (NYSE:PFE) and Dow Chemical (NYSE:DOW)? I'm having a tough time believing he's obtained these kinds of results with stocks like these.

Maybe he's been making other use of his time...who knows? Sure makes it a lot easier to make political donations to one's self or to others if you don't have to worry about income, though.

Cross-posted at Voice of Mordor.

Tuesday, June 03, 2008

All about Dave "Rubber Stamp" Camp

Hey, don't take our word for it, that "Rubber Stamp" bit; classifies Dave Camp as a "rank-and-file Republican".

As in, stinks of corporatism and is unable to think for himself without regular prodding from party officials or lobbyists (same diff, especially if you're a politician of the same mold as John "59 lobbyists as campaign advisers" McCain).

Do take a look at the content at the link above. Did you know that Camp ranks as "poor" relative to peers when it comes to bill sponsorship? Apparently Camp's rubber stamp on any bill he sponsors or co-sponsors ensures its death, even under the Republican majority in Congress from 1994 through 2006. Wonder what it feels like to be dissed 133 times in more than ten years by ones peers -- yeah, that's the number of Camp's bills that died in committee out of 143 total.