GOP leadership in the House of Representatives announced that legislation to thoroughly audit the secretive Federal Reserve, a wildly popular measure pushed by Rep. Ron Paul (R-Texas) for decades, will come up for a floor vote in July. Honest-money advocates and pro-transparency activists celebrated the news as a historic opportunity to rein in the central bank, which has come under heavy fire — especially in recent years — for debasing the U.S. dollar, manipulating markets, and showering big banks with trillions in bailouts.
The legislation, H.R. 459, already has over 225 co-sponsors in the House including an impressive roster of senior Democrats and Republicans, some of whom chair important committees. In the Senate, however, a similar bill has only about 20 co-sponsors so far, forcing Audit-the-Fed activists to wage a massive campaign aimed at exposing Senators who refuse to support transparency at the shadowy central bank.
The Obama administration has come under fire after the Health and Human Services Department (HHS) hired a public relations firm to help restore the muddied reputation of the President’s controversial Affordable Care Act. The $20-million, taxpayer-funded contract was awarded to a PR firm called Porter Novelli, which helped launch the Agriculture Department’s renowned healthy food pyramid.
Facebook founder Mark Zuckerburg will find himself in court once again over yet another shareholder lawsuit. This time, shareholders have filed a lawsuit against Facebook and several banks, including Morgan Stanley, asserting that the defendants have “concealed a weakened growth forecast prior to the high-profile IPO,” reports Fox News. And the litigation has prompted the United States Congress to take a closer look at Facebook.
Senate lawmakers are continuing investigations over the infamous prostitution scandal that implicated 12 Secret Service agents during a presidential assignment in Cartagena, Colombia. So far, eight Secret Service employees have lost their jobs, while the agency plans to permanently revoke the security clearance for one other employee.
The U.S. government’s so-called “War on Drugs” in Central America is under heavy fire again after a barrage of negative publicity surrounding a controversial and deadly operation in Honduras earlier this month: an attack that terrorized villagers and reportedly killed two pregnant women and two children traveling on a riverboat. Fierce criticism also erupted when it emerged later that state-sponsored gunmen speaking English — presumably Americans, according to witnesses — pointed a gun at a teenager’s head and threatened to shoot if he refused to talk.
Ronald Reagan did not support the Law of the Sea Treaty over concerns that our nation would be surrendering sovereignty to the United Nations and Senator Jim Inhofe of Oklahoma thinks the former President was right. Said Inhofe: "I think it’s a tax, since it costs money. I’ve read the work of the U.S. Interagency Extended Continental Shelf Task Force and the briefs and sources there talking about how to quantify the amount of money we would be losing. This is the first time in history that an international organization — the U.N. in this case — would possess taxing authority over this country.”
While pretending to have achieved some kind of victory in Afghanistan, President Obama and the NATO leaders have pushed ahead on the globalist agenda to transform NATO more fully into the global military arm of the United Nations. According to President Obama and the other NATO leaders, NATO “combat troops” will have left Afghanistan by the end of 2014. Which means that they intend to keep NATO forces (primarily U.S. forces) fighting in Afghanistan for another two-and-a-half years. And after 2014, an unspecified number of NATO/US forces will remain for “training” purposes for an indefinite period.
The Supreme Court has agreed to hear an appeal by the Obama administration of an appeals court decision granting standing to the ACLU to challenge the NSA's domestic wiretapping program.
After extended legal wrangling, Alabama's revised anti-illegal immigration statute, H. B. 658, was finally signed into law by Governor Robert Bentley.
Two days into a special session of the Alabama state legislature called by Governor Robert Bentley, the Governor failed to find a friendly lawmaker who would introduce his proposed amendments to the state’s immigration law.
While GOP presidential candidate Mitt Romney handily won Tuesday’s Kentucky and Arkansas primaries, voters in the two states mounted a heavy revolt against President Obama, as Democratic contenders garnered a sizable block of votes. Moreover, discontent with Obama’s first term is so intensive that voters in West Virginia delivered a prison inmate in Texas over 40 percent of the state’s Democratic primary vote.
Three top Obama administration officials — Secretary of State Hillary Clinton, Secretary of Defense Leon Panetta, and Joint Chiefs of Staff Chairman Gen. Martin Dempsey — told a Senate committee that the United States must ratify the Law of the Sea Treaty now.