Recent Blog Posts
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Cybersecurity Czar Steps Down
May 17 20122:41 pm EDT -
House Passes Controversial Cybersecurity Bill With Surprise Vote
Apr 27 201212:09 pm EDT -
Generation Startup Gets SBA Encouragement
Apr 24 20125:25 pm EDT -
Google Spends Big in Washington
Apr 24 201212:30 pm EDT -
Young Entrepreneurs Call for More Congressional Encouragement
Apr 18 20124:06 pm EDT -
A Nation Divided on Taxes
Apr 16 201211:37 am EDT -
Are Intellectual Property and National Security Really Linked?
Apr 13 20124:40 pm EDT -
Netflix Starts PAC
Apr 09 20122:27 pm EDT -
JOBS Act Changes Game for Startups
Apr 05 20124:39 pm EDT -
Investors (and Liberals) Beware! Here Comes JOBS Act
Apr 04 201210:06 am EDT
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Barney's Big Day
Looks like the House is getting ready to pass Barney Frank's proposal to allow shareholders a non-binding vote on executive pay. The Massachusetts Democrat plans to stay on this. What's interesting to me is how little confrontation there's been between Frank and the administration. You're not seeing a slew of proposals to, say, regulate hedge funds. This is a pretty moderate proposal, one that the administration seems to be opposing only half heartedly and which overseas experience suggests isn't used very often anyway. Certainly the Dow hovering near 13,000 suggests the street isn't freaked out about this possibility. If it gets through the Senate, I'm willing to bet that George W. Bush just lets H.R. 1257, the Frank bill, without his signature, as provided by the constitution. That's what he did with McCain-Feingold which he once opposed. It's what presidents do when they cave.
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