Tuesday, 28 June 2011

Warning - Congress in Session

"Congress should ... meet only 60 days per year, and if they fail to pass a budget they should receive no pay, or expenses, and should be ineligible to stand for re-election."     Instapundit


As Mark Twain observed:  "No one's life, liberty, or property is safe while the legislature is in session."    As Professors Ferguson and Witte determined:  About 90 percent of the capital gains over the life of the Dow Jones Industrials Average have come on days when Congress is out of session.


Congress has now gone 786 days without a budget.  




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