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Act of Congress: How America’s Essential Institution Works, and How It Doesn’t

Act of Congress: How America’s Essential Institution Works, and How It Doesn’t

Act of Congress: How America's Essential Institution Works, and How It Doesn't

An eye-opening account of how Congress today really works—and doesn’t—that follows the dramatic journey of the sweeping financial reform bill enacted in response to the Great Crash of 2008.

The founding fathers expected Congress to be the most important branch of government and gave it the most power. When Congress is broken—as its justifiably dismal approval ratings suggest—so is our democracy. Here, Robert G. Kaiser, whose long and distinguished career at The Washington Post has made him as keen and knowledgeable an observer of Congress as we have, takes us behind the sound bites to expose the protocols, players, and politics of the House and Senate—revealing both the triumphs of the system and (more often) its fundamental flaws.

 Act of Congress tells the story of the Dodd-Frank Act, named for the two men who made it possible: Congressman Barney Frank, brilliant and sometimes abrasive, who mastered the details of financial reform, and Senator Chris Dodd, who worked patiently for months to fulfill his vision of a Senate that could still work on a bipartisan basis. Both Frank and Dodd collaborated with Kaiser throughout their legislative efforts and allowed their staffs to share every step of the drafting and deal making that produced the 1,500-page law that transformed America’s financial sector.

Kaiser explains how lobbying affects a bill—or fails to. We follow staff members more influential than most senators and congressmen. We see how Congress members protect their own turf, often without regard for what might best serve the country—more eager to court television cameras than legislate on complicated issues about which many of them remain ignorant. Kaiser shows how ferocious partisanship regularly overwhelms all other considerations, though occasionally individual integrity prevails.
Act of Congress, as entertaining as it is enlightening, is an indispensable guide to a vital piece of our political system desperately in need of reform.

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Posted by getloans - October 15, 2013 at 10:02 am

Categories: Loan Products   Tags: , , , , , , , ,

Do Companies that give bad credit personal loans allowed to ask for a couple months payment up front?

Question by thinline: Do Companies that give bad credit personal loans allowed to ask for a couple months payment up front?
I applied for a bad credit perosnal loan online. A company called Birchmount Lending called stating i was approved for 5000.00, with monthyl payments of 224.54 for 2 years. But since my credit wasnt the best i would have to give them 4 payments upfront. Tell me what you think

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Answer by ?
I think you need to tell them you’re not interested. Your interest rate will be so high. Legitimate loan companies don’t ask for money up front.

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Posted by getloans - February 27, 2013 at 2:45 pm

Categories: Loan Questions   Tags: , , , , , , , , , ,