Archive for July 24th, 2013

Permanent Protection Racket


Wednesday July 24th, 2013   •   Posted by K. Lloyd Billingsley at 9:14am PDT   •   2 Comments

Last week Senate leaders struck a deal to preserve the filibuster but this was much more than a question of procedural traditions. The tradeoff called for confirmation votes on President Obama’s nominees to head various federal agencies. So the Senate proceeded to confirm Richard Cordray as the first permanent director of the Consumer Financial…
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Defense Sequester: Not Such a Big Deal


Wednesday July 24th, 2013   •   Posted by Craig Eyermann at 6:33am PDT   •   0 Comments

Do you remember how U.S. politicians claimed that the federal government’s budget sequester would be extremely destructive to the U.S. economy? Well, perhaps not so much, especially considering how they work in real life. But there was one area of federal budget cutting that was expected to have a real world impact: defense spending….
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