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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

Irene Could be Among 10 Costliest U.S. Disasters - CBS News

White House Takes Shot at Rep. Cantor Over Hurricane Disaster Aid - Daily Caller

Federal Austerity Challenges Disaster Relief - NYT

Special Report: Irene Wallops Floundering Flood Insurance Program - Reuters

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.

Fed Officials Clashed With Bernanke Over Stimulus Plan, Minutes Reveal - UK Guardian

Grim Fed Pondered Even Bolder Easing in August - Reuters

Minutes: Fed Weighed Asset Purchases - WSJ

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.

Fed Divisions Let to a Compromise on Interest Rates - NYT

The Fed's Shadow Tarp - Politico 

GOP Tax Expert Mark Prater Chosen as Staff Chief for Budget 'Supercommittee' - Washington Post

Republicans on Deficit Panel Meet; Democrats to Talk Wednesday - Roll Call

White House Could Unveil Mortgage Plan Next Week - Reuters

Freddie to Step Up Multifamily Loans - WSJ

Obama Presses Congress on Jobs for Veterans - The Washington Times

Obama Draws Line on Possible Cuts to Veterans Programs - NYT

House Bill Would Cut Funds to Pro-Palestine U.N. Groups - The Washington Times

Paul Urges Kreuger to 'Step Down Before He Even Begins' as New Economics Adviser - Roll Call

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.

Industrial Metals Offer Chance to Tap Global Infrastructure Growth - CNBC

Poll: Do You Support a Return to the Gold Standard? - CNBC

Debate Heats Up Over Commodities Holdings - WSJ

Justice Department Sues to Block AT&T's Takeover of T-Mobile - WSJ

Layoffs Slowed in August, Still Above Year Ago; Job Growth Also Slowed - NPR

Consumer Confidence Crumbles to 2-Year Low - Reuters

Pockets of Debt Illiquidity Show Rising Bank Fears - CNBC

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

Obama to Shake Up Gun Agency Over Botched Mexico Sting - Reuters

GAO: Conflicting Orders Have Led to Confusion Over DOD's Cyber Strategy - The Hill

Medicare Testing New Way to Distribute Funds to Providers - The Washington Times

State, Local Governments Cut 200,000 Workers - Politico 

Rep. Carson: Tea Party Wants to See African Americans 'Hanging on a Tree' - Washington Post


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