The Federal Reserve continues to pump up this “bubble economy” by recklessly printing money and by setting interest rates artificially low, and the U.S. Congress continues to stand aside and allow them to systematically destroy our economy. The U.S. Congress could choose to end this madness at any time, but the truth is that Congress won’t even pass a law that would allow the American people to see [...]
Politico: If you have the Federal Reserve’s back, there’s a good chance Ben Bernanke will notice. He may even send you a thank you note.
In July, the Fed chairman sent letters of gratitude to five Democratic members of Congress after they delivered speeches on the House floor urging fellow lawmakers to reject the “Audit the Fed” bill authored by retiring Texas Republican Ron Paul, the central bank’s chief antagonist. Their efforts [...]
Congress is finally standing up to President Barack Obama on targeted killing. Almost a year after three American citizens were killed in US drone strikes, legislators are pushing the administration to explain why it believes it’s legal to kill American terror suspects overseas.
Congress is considering two measures that would compel the Obama administration to show members of Congress what Sen. Chuck Grassley (R-Iowa) calls Obama’s “license to kill”: internal memos outlining the [...]
The House of Representatives, which already holds the title of the most anti-environment House ever, today added another mark to the list — the Domestic Energy Production Act, H.R. 4480. The act is specifically designed to increase oil and gas development, with measures that block safeguards from smog and pollution and mandate drilling on public lands. The House Republicans passed this pollution and plunder energy package overrun by oil and gas industry [...]
(Reuters) – Democrats want tax hikes to be the first item negotiated in “super committee” deficit-reduction talks, trying to force Republicans to confront an issue at the heart of this year’s budget fights, sources told Reuters.
The tough stance by Democratic members of the powerful 12-member congressional panel reflects the party’s wariness that Republicans might try to sideline the issue of revenue increases in [...]
Image: AP Photo/Charles Dharapak
The Boehner plan is delayed, the Reid plan is waiting on the Boehner plan, and the White House isn’t sure it has a plan.
Welcome to Wednesday’s debt ceiling live-blog.
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6:27pm | The key sticking point between the Reid and Boehner plans — as it has been for two days now — is whether the debt limit should be [...]