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DJ Pangburn It’s been rather quiet on the Ron Paul front, but the presidential candidate recently questioned Federal Reserve Chairmen Ben Bernanke on monetary policy, one of the Libertarian’s favorite themes. While Paul’s quest to end the Fed, or to at least increase its transparency, may seem to be a losing battle to many observers, he’s certainly educated the public on the Fed’s culpability in encouraging reckless banking and investment [...] The German constitutional court has just issued a ruling on the legality of Eurozone bailouts, where it upheld the country’s involvement in multi-billion rescue funds. The decision was anxiously anticipated by debt-ridden states highly dependent on the bailout packages. RT’s Daniel Bushell reports. http://m.startribune.com/opinion/?id=127870568&c=y Article by: STEVEN RATTNER , New York Times Updated: August 16, 2011 – 11:38 AM In the middle of all the debt default drama and stock market turbulence, the leading Republican presidential candidates have begun to fill in the shadowy outlines of their positions on major economic issues. And what a picture it is, a philosophy oriented around shrinking the role of the federal government in every imaginable way, by [...] By Sam Youngman The White House on Monday warned President Obama will veto GOP legislation to “Cut, Cap and Balance” spending and the budget. In a statement of administration policy, the White House Office of Management and Budget labeled the GOP bill as an “empty political statement.” The House Rules Committee is expected to take up the measure on Monday, and it is likely to receive a floor vote [...] |
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