Clint Eastwood Talks 'Empty Chair' Speech, Says Obama Is 'Greatest Hoax Ever Perpetrated on American People': Agree or Disagree?

In the Senate, the bill was stalled by Majority leader Harry Reid on September 27, 2011 who said "I don’t think there’s anything more important for a jobs measure than China trade, and that’s what we’re going to work on next week," with emphasis on taking up more tenuous legislation which is less likely to draw political attention. On October 4, 2011, Minority Leader Mitch McConnell attempted to offer the Act as an amendment to the China trade bill, saying that while he disagreed with the bill's approach to job creation, it deserved to be voted on. On October 5, Reid announced a plan to pay for the American Jobs Act with a 5% surtax on incomes of more than $1 million a year...But fear not, OUR dictator and chief just used his executive privileges to pass his "jobs bill". Without a vote and against BOTH parties.
President Barack Obama will sign the JOBS Act into law Thursday, clinching a rare and hard-fought bipartisan victory for his presidency. But to secure the legislative win, he had to pick sides in a simmering feud between interest groups aligned with the Democratic Party. One side of the fight -- the tech industry and venture capital allies -- is all smiles. But the other side -- organized labor -- is seething.
The flashpoint for this Democratic Party conflict -- the JOBS Act -- is the brainchild of Obama's Council on Jobs and Competitiveness, a 27-member group that the president stacked with 19 corporate chairmen and CEOs in an effort, say labor leaders and others, to curry favor with America’s executive class.
But for all of the maneuvering, the JOBS Act is unlikely to deliver much in the way of job growth, according to economists and consumer advocates, who warn that the bill opens the door to a new wave of conflicts of interest and possible financial fraud on Wall Street.
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