By Wendy Honett | Thursday February 19, 2009 at 3:32 PM PDT | 2 Comments
For anyone still lingering in the “dark ages” of rabbit ears (Wait, do we have to switch yet? Don’t we? Is there a right answer?), the president has developed a “coupon program” to help subsidize the cost of the converter box needed for the upgrade. In fact, he has set aside an additional $650...
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Tags: Economics, Entertainment, Presidential Power, Regulation
By Anthony Gregory | at 3:02 PM PDT | 1 Comment
Seventeen Uighurs—innocent members of the Chinese Muslim minority caught up in the war on terror dragnet and sent to Guantánamo—have had their release blocked by a Federal Appeals Court. This overturns a District Court ruling that the men should be released because they had not fought against the U.S. and posed no security threat....
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Tags: Civil Liberties, Law, Personal Liberty, The State, War
By Wendy Honett | at 10:00 AM PDT | 0 Comments
Buried on page A19 of yesterday’s New York Times was what should have been Charlie Savage’s front-page story. In “Obama’s War on Terror May Resemble Bush’s in Some Areas,” Savage highlights several troubling comparisons between the two administrations. While acknowledging that just after the inauguration, “Mr. Obama thrilled civil liberties groups when he issued...
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Tags: Presidential Power, Torture, War
By David J. Theroux | at 12:48 AM PDT | 3 Comments
Following up on his earlier support for federal bailouts for financial institutions, in a new interview in the Financial Times, former Federal Reserve System Chairman Alan Greenspan has stated the following in his backing of bank nationalizations in the U.S.: It may be necessary to temporarily nationalize some banks in order to facilitate a...
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Tags: Bailouts, Budget and Tax Policy, Business, Economics, Federal Reserve, Great Depression, Money and Banking, Nationalization, Presidential Power, Regulation