More than Half of Obama Cabinet Agencies Don’t Disclose Travel Costs

More than half of President Barack Obama’s cabinet agencies continue to defy open-government rules by not disclosing the cost of travel by top officials.

Nine of 15 cabinet offices have yet to release details of their out-of-town travel records six months after Bloomberg News filed requests for those documents under the Freedom of Information Act. Secretary of State Hillary Clinton, Energy Secretary Steven Chu andKathleen Sebelius of the Department of Health and Human Services are among those [...]

Regulation for Dummies: The White House says its rule-making isn’t costly or unusual. The evidence shows otherwise – WSJ

The White House is on the political offensive, and one of its chief claims is that it isn’t the overregulator of business and Republican lore. This line has been picked up by impressionable columnists, so it’s a good time to consider the evidence in some detail.

Jan Eberly, an Assistant Treasury Secretary, kicked off the Administration campaign with a white paper in October that purported to debunk the “misconceptions” that “uncertainty [...]

PENTAGON WARNS OF SMALLEST BUDGET SINCE WWII

The pathetically predicable failure of the House-Senate debt “super committee” to do as ordered and produce $1.2 trillion in spending cuts over 10 years has sent top Pentagon officials scrambling to morph their futuristic and modestly budgeted war strategy into a Kmart blue light special that could jeopardize the nation’s safety.

The super committee’s failure means that Defense, already near the end of developing a new strategy that accounts for President [...]

Congress slashes financial watchdog

By DAVID ROGERS | 11/14/11 3:13 PM EST

In a blow to Wall Street reforms, President Barack Obama’s budget request for the Commodity Futures Trading Commission would be cut by more than a third under a House-Senate conference report which the Appropriations leadership expects to file Monday night.

In light of the CFTC’s increased role in overseeing the derivatives market, the administration had sought $308 million for the new fiscal year that began Oct. [...]

Ron Paul calls for another ‘sharp correction’ in the housing market

Texas Rep. Ron Paul claimed no Americans would be hurt by his plan to immediately cut government spending by $1 trillion if elected president.

 

In an interview with David Gregory on NBC’s Meet the Press, Paul compared his cuts to those after World War II. “We got over the Depression by having these draconian cuts,” he said.

Paul’s economic plan would cut $1 trillion from the federal budget in his first year in [...]