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Janet Yellen's Christmas Gift to Wall Street

Last week we learned that the key to a strong economy is not increased production, lower unemployment, or a sound monetary unit. Rather, economic prosperity depends on the type of language used by the central bank in its monetary policy [...]

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 [...]

Another Lame Duck Power Grab

Last week, the House of Representatives passed legislation extending the "temporary" federal terrorism insurance program. Normally this legislation would sail through the Senate, but retiring Senator Tom Coburn is delaying consideration of  the [...]

Another day, another unintended consequence of Obamacare

The latest victims of Obamacare are those with eating disorders, whose path to recovery will be hampered by Obamacare's mandate that restaurants post the calorie content of their offerings. Clinical psychologist Pamela Singer, writing at Reason [...]

Massie to Hit Ground Running on NSA Reform in 114th Congress

Following the removal of the Massie-Lofgren amendment during the backroom wheeling and dealing over the "CRomnibus" package, the representatives joined together with Rep. Sensenbrenner to introduce H.R. 5800, the "Secure Data Act of 2014." The [...]

Rand Paul wins victory for parents

Newborn screening for medical disorders is becoming an increasingly common practice. This seems like a good thing; however, along with the potential benefits of screening, there are concerns that some states are not obtaining parental consent [...]

Lame Duck: Goodbye and Good Riddance

Last night, the Senate adjourned for the year, thus bringing to an end to the "lame duck" session of Congress.  The major piece of legislation passed in the lame duck was the "Cromnibus" spending bill. Campaign for Liberty Chairman Ron Paul [...]

Where were you on Dec. 16, 2007?

Dear Friend, I remember watching the ticker go up and up. And then it just kept going. Two hundred thirty-four years after the Sons of Liberty helped spark the American Revolution by dumping British tea into Boston Harbor, you and I made [...]

All I Want for Christmas is a (Real) Government Shutdown

The political class breathed a sigh of relief Saturday when the US Senate averted a government shutdown by passing the $1.1 trillion omnibus spending bill. This year’s omnibus resembles omnibuses of Christmas past in that it was drafted in [...]

Cromnibus abides by budget caps but still increases spending

No, that is not a misprint... Last night, the House passed the "Cromnibus" spending bill, which mysteriously grew to 1,774 pages after 171 pages were added in the Rules Committee. The bill will be voted on in the Senate this weekend, following [...]