Shut Down the Fed.

I apologise to readers around the world for having defended the emergency stimulus policies of the US Federal Reserve, and for arguing like an imbecile naif that the Fed would not succumb to drug addiction, political abuse, and mad intoxicated debauchery, once it began taking its first shots of quantitative easing. My pathetic assumption was that Ben Bernanke would deploy further QE only to stave off DEFLATION, not to create INFLATION. If the Federal Open Market Committee cannot see the difference, God help America. We now learn from last week’s minutes that the Fed is willing “to provide additional accommodation if needed to … return inflation, over time, to levels consistent with its mandate.” NO, NO, NO, this cannot possibly be true.Link

After committing to ‘Net Neutrality’.

Legislative text put forward by Rep. Henry Waxman (D-CA) under the banner of mandating network neutrality would instead prevent the government from requiring broadband providers to treat all Internet traffic equally.Link

Engadget Explains Net Neutrality.

‘State secrets’ invoked.

In a last-ditch effort to get a terrorism lawsuit dismissed, the Obama administration invoked a claim of "state secrets" on Friday, arguing that revealing details about efforts to capture or kill an American citizen charged with leading a terrorist group would endanger national security.Link

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wtf.