Liberty NewsWire – August 31, 2011
"The ingenious slogan that the public debt does not matter because ' we owe it to ourselves' is clearly absurd." – Murray Rothbard
Obama to Boehner: 7 Proposed Regulations Would Cost More than $1B Each – Washington Post
In a letter to House Speaker John Boehner, R-Ohio, Obama lists four proposed Environmental Protection Agency rules and three Transportation Department rules estimated to cost in excess of $1 billion. One of the proposed EPA rules — an update to the health-based standard for smog — is estimated to cost the economy between $19 billion and $90 billion.
Obama's Proposed Regs Would Cost Billions Annually – The Washington Times
Obama, GOP Clash Over Billion-Dollar Regulations – The Washington Examiner
Panel Says as Much as $60B Lost to Waste, Fraud in Iraq, Afghanistan – Washington Post
Petraeus Retiring From Army to Head CIA – CBS News
In the United States, uniquely in the developed world, insuring homeowners against flood damage is the sole province of the federal government. The National Flood Insurance Program (NFIP), which is administered by the Federal Emergency Management Agency, is virtually the only place to get protection against the disasters of flood and storm surge.
Federal Reserve officials are as deeply divided as they've been in decades about how to spur the flagging economy, records released Tuesday show, as they stake out positions on what, if any, action to take at their September meeting.
The Fed's Shadow Tarp – Politico
Obama Presses Congress on Jobs for Veterans – The Washington Times
House Bill Would Cut Funds to Pro-Palestine U.N. Groups – The Washington Times
FBI Admits to Dismantling Competing Currencies - The Daily Bell
In a March 18, 2011 press release regarding the Liberty Dollar case, the FBI admitted to waging a secret war against any private currency system that competes against the US Dollar. In the press release, the FBI equates the use of sound money to an act of domestic terrorism.
National Privacy Oversight Board Remains Dormant – The Washington Times
An independent oversight board recommended by the 9/11 Commission to ensure that national security policies do not infringe on Americans’ civil liberties has remained dormant for years, raising concerns among watchdogs that a crucial Constitution safeguard does not exist.
Napolitano Wants National Guard to Stay on Mexican Border – The Washington Times
Medicare Testing New Way to Distribute Funds to Providers – The Washington Times
State, Local Governments Cut 200,000 Workers – Politico