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Politics

Bailout Watchdog just an Overpriced Rubber Stamp

OpenCongress is upset that a Republican senator is holding the confirmation of the Special Inspector General at the Treasury Department whose job is to “oversee the whole process and make sure that the taxpayers’ money was being used legitimately” for the bank bailout. Sen Bunning: $50 million for Watchdog to Watch Nothing They speculate that […]

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Politics

The Fed doesn’t Care What Senators Think

Sen. Bunning of KY gives Fed Chairman Bernanke and Treasury Secretary Paulson hell over the Fannie/Freddie bailouts and Paulson blows him off, as if he did not care what the senator thought. Remember, Congress has oversight authority over the Fed. I find this behavior outrageous. It’s time for the Fed to go. Via DailyPaul.

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Politics

There is Nothing Wrong – and Much Good – With Earmarks

There is nothing wrong with earmarks. Earmarks are when members of Congress direct approved funds to be spent on a specific project, usually something that benefits their constituency. If they don’t earmark the funds, the bureaucrats decide how to spend them. I’d rather have my elected representative decide than an unfireable bureaucrat any day. In […]

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Politics

House Dems Plan to Regulate Congresspeople’s Twitter Posts

Congressman John Culberson (R-TX) reports via Twitter that the Committee on House Administration of the US House of Representatives is considering classifying all content posted by members of the House on websites outside the house.gov domain to be official communications [PDF], which must “meet existing content rules and regulations”. Current rules require that content be […]

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Politics

We Need a Libertarian Contract with America for 2010

Given the choices we face this year for President, it’s likely we will get another tax-and-spend, civil-liberties-eroding, foreign-adventuring head of state. And even if we don’t, and Bob Barr is elected, he will still need a Libertarian Congress if he’s to get much done. If it Works… The Republican Contract with America is generally believed […]

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Opinion

FBI Demands Access to Any Information it Wants, without Probable Cause or a Judge

This Wired article details how the FBI used a grand jury to subpoena some medical records legally – then returned the records and inappropriately used a national security letter (NSL) in an attempt to get the very same records. Once the university rejected the NSL, as it should have, the FBI went to Congress citing […]

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Politics

THIS is How you Wipe out Crony Capitalism

In Wired’s Stanford Law Professor Larry Lessig Bets ‘Wikipedia’ Approach Will Transform Congress, I found this interesting statement: “The problem we face is … the problem of crony capitalism using money to capture government,” … “The challenge is whether in fact we can change this. The political experts tell you that it can’t be done […]