Wednesday, July 15, 2009
Call for Fed transparency grows louder......
To conspiracy theorists, the Federal Reserve is a dangerous, shadowy and unaccountable organisation - like the Central Intelligence Agency but without the black helicopters. For more than 200 years, central bank critics have railed about an alleged lack of transparency, a threat to the fabric of the US by un-elected moneymen. For more than 20 years, Ron Paul, the Texan Republican, has been trying to pass a bill that would audit the Fed's monetary policy decisions. He says US citizens need to know more about the inner workings of the organisation. But he has had little support...Link
Update - HR 1207 - 267 Co-sponsors......
Title: To amend title 31, United States Code, to reform the manner in which the Board of Governors of the Federal Reserve System is audited by the Comptroller General of the United States and the manner in which such audits are reported, and for other purposes.
Hell Yah.....
Hell Yah.....
Subsidies.....they love em.
WASHINGTON – A much-criticized subsidy for rural air travel would get a budget increase of more than 40 percent under a spending bill unveiled in the House on Monday. The legislation approved by a House Appropriations subcommittee would give $173 million in the upcoming budget year to the Essential Air Service, which provides subsidies to small airlines to fly unprofitable routes. That's a $53 million increase...Link
Tuesday, July 14, 2009
Daughter of Dick.............
Appearing on Fox & Friends Tuesday, Liz Cheney appeared to take credit for keeping the country safe from terrorism, saying “we have kept the nation safe since 9/11,” before turning a critical eye toward Attorney General Eric Holder for reportedly considering an investigation of the prior administration’s torture program...Link
30 dead, including a city mayor...............
An armed gang shot dead a mayor in northern Mexico, capping a vicious 48-hour period that has seen 30 people killed, including 12 police officers in the west of the country, officials said Tuesday. Hector Ariel Meixueiro, who was mayor of Namiquipa in northwestern Chihuahua state near the US border, was shot multiple times after being accosted Tuesday morning by at least 15 men carrying assault rifles, according to the state prosecutors office...Link
Update - HR 1207 - 261 Co-sponsors........
Title: To amend title 31, United States Code, to reform the manner in which the Board of Governors of the Federal Reserve System is audited by the Comptroller General of the United States and the manner in which such audits are reported, and for other purposes.
Budget deficit tops $1 trillion for first time....
WASHINGTON — The federal deficit has topped $1 trillion for the first time ever and could grow to nearly $2 trillion by this fall, intensifying fears about higher interest rates, inflation and the strength of the dollar. The deficit has been widened by the huge sum the government has spent to ease the recession, combined with a sharp decline in tax revenues. The cost of wars in Iraq and Afghanistan also is a major factor...Link
Top Democrat Says Bush Broke the Law...
George W. Bush justified his warrantless wiretapping by relying on Justice Department attorney John Yoo’s theories of unlimited presidential wartime powers, and started the spying operation even before Yoo issued a formal opinion, a government investigation discovered. Essentially, President Bush took it upon himself to ignore the clear requirement of the 1978 Foreign Intelligence Surveillance Act that all domestic intelligence-related electronic spying must have a warrant from a secret federal court, not just presidential approval. Illegal wiretapping is a felony under federal law...Link
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