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Yellen Press Conference Translated from Fedspeak into English

 
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Yellen Press Conference Translated from Fedspeak into English

Our friend Paul-Martin Foss has a fun article over at the Carl Menger Center for the Study of Money and Banking on Federal Reserve Chairman Janet Yellen’s press conference yesterday: In case you haven’t gotten enough of Janet Yellen’s press conference today, here’s the transcript translated from Fedspeak into plain English. Any errors in the translation are solely […]


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Thank You to the 16 House R’s who voted against the Rule for the CRomnibus

Sixteen brave House Republicans voted today against moving forward with the CRomnibus legislation. Inside sources tell us House Speaker John Boehner himself was whipping votes on the floor of the House! As Tim wrote yesterday there are many bad parts of this massive piece of legislation that funds the government through September 2015. Here are […]


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Congress Increases NSA’s Spying Capability

Last night, the House of Representatives passed H.R. 4681, The Intelligence Authorization Act for Fiscal Year 2015.  According to Congressman Justin Amash (R-MI), the bill included a new measure, Section 309., which “authorizes ‘the acquisition, retention, and dissemination’ of nonpublic communications, including those to and from U.S. persons.  The section contemplates that those private communications […]


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Obama extends NSA spying program for 3 months

On Monday, the White House announced that President Obama has renewed the NSA’s phone spying program for another 3 months. From The Washington Times: The National Security Agency’s program collects the phone numbers, times and durations of calls made on U.S. telephone companies’ systems. The data is stored for five years and investigators are allowed to […]


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C4L Opposes Backroom Deals in Omnibus Bill

SPRINGFIELD, Virginia- After reports that special interests are making a last-minute effort to add the “Restoration of America’s Wire Act,” S. 2159/H.R. 4103, to the omnibus spending bill, Campaign for Liberty issued the following statement from C4L President John Tate condemning such a move on legislation that would ban online gambling nationally. “Campaign for Liberty is strongly […]


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