More and more interesting developments evolving from wars to secession to geopolitical brinkmanship to emerging protectionism.
In the US the House of representatives has voted to authorize a lawsuit on the POTUS for alleged arbitrary use of executive power
From the Hill.com
The House voted Wednesday to rebuke President Obama by passing a resolution authorizing a lawsuit against his use of executive power.The 225-201 vote fell along party lines, with five Republicans voting against the measure. No Democrats supported it.The lawsuit is a direct response to GOP frustration with Obama’s wide-ranging use of executive power.Republicans have been particularly angry over Obama’s decision to ignore several deadlines in the Affordable Care Act and his decision to defer the deportation of certain young people who illegally immigrated to the United States as children.In the last week, lawmakers have been riled up by reports that immigration advocates and Democrats are pushing the administration to take additional executive actions to give more immigrants legal status.Rather than seeking to impeach Obama, however, GOP leaders in the House rallied around the lawsuit as a way of bottling up grassroots anger that would not backfire on Republicans in an election year.
Will this be a post Senate 2014 election issue? Will the Senate conform?
Don’t worry be happy, stocks are bound to rise forever.
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