Stimulus money goes overseas.............

Senate Democrats are furious that the vast majority of grants from the clean-energy program from last year’s stimulus have been awarded to foreign companies. Democratic Sens. Chuck Schumer of New York, Bob Casey of Pennsylvania, Sherrod Brown of Ohio and Jon Tester of Montana announced Wednesday a new initiative to require the "Buy America" provision of the stimulus to all programs, not just the government ones. A study done by the Investigative Reporting Workshop found that 79 percent of the $2 billion in clean-energy grants allocated since Sept. 1, 2009, has gone to foreign wind companies...Link

Frank Asks Bernanke to Probe Fed.

March 3 (Bloomberg) -- House Financial Services Committee Chairman Barney Frank asked Federal Reserve Chairman Ben S. Bernanke to investigate allegations of Fed involvement in the Watergate scandal and Iraqi weapons purchases in the 1970s and 1980s. Frank, 69, said the Fed must address the charges because “continued concern about political interference” with the Fed and “allegations about a lack of transparency.” Bernanke and other Fed officials are trying to fend off a measure offered by Paul, which passed the House in December, that would open the Fed to audits of interest-rate decisions...Link

Open letter to the voters...............

America was founded by free individuals; individuals like you who have the right to Life, Liberty, and the Pursuit of happiness. For the first time in human history, the individual took precedence over the state. Brave American men and women have shed blood ever since to preserve this principle. Yet, today, it is apparent that our government has forgotten this sacrosanct principle. From bailouts to mandates, every day Washington imposes increasing legislation designed to transfer more control of your life to bureaucrats. Why should one hundred senators in DC have so much power in dictating the lives of more than 100 million working Americans?..Link

Jonah Falcon Needs a Job

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Ice Skating just got Cooler.

Why a Strong Dollar Matters to You.

A statement we frequently hear from economic analysts is that America needs a “strong dollar.” And most of the time, the non-economically savvy segment of the population blankly nods in agreement. Lacking a deep understanding of why a strong dollar is beneficial (or even what a strong dollar means), most people nevertheless prefer a strong dollar to a weak one. However, the words “strong” and “weak” are the source of much confusion on this issue. In virtually every other area of life, strength is categorically, universally preferred to weakness...Link

It's in the Atlantic too.

Billions of bits of plastic are accumulating in a massive garbage patch in the Atlantic Ocean—a lesser known cousin to the Texas-size trash vortex in the Pacific, scientists say. "Many people have heard of the Great Pacific Garbage Patch," said Kara Lavender Law, an oceanographer at the Sea Education Association in Woods Hole, Massachusetts. (See pictures of the Pacific Ocean trash vortex.) "But this issue has essentially been ignored in the Atlantic." The newly described garbage patch sits hundreds of miles off the North American coast. Although its east-west span is unknown, the patch covers a region between 22 and 38 degrees north latitude—roughly the distance from Cuba to Virginia (see a U.S. map).Link