Former Republican presidential hopeful Gary Johnson (left), the popular two-term Governor of New Mexico, officially announced this week that he would be dropping out of the GOP race to seek the Libertarian Party nomination. "I am excited. I am liberated. And I am committed to shaking the system as it has never been shaken before," he said in his announcement.

The Council on Foreign Relations recently asked the above question of some of its favorite commentators. One of the answers sent to this seat of the Eastern Liberal Establishment likely surprised whoever received it.

Despite assertions from Federal Reserve officials that the United States would not play a role in bailing out European banks, that is exactly what has happened — again.

“A dictator enjoys unrestrained power over the people. The legislative and judicial branches voluntarily cede this power or it’s taken by force. Most of the time, it’s given up easily, out of fear in time of war and civil disturbances, and with support from the people, although the dictator will also accumulate more power with the use of force.” Those prescient words of Republican presidential candidate Congressman Ron Paul (R-Texas) are taken from his book Liberty Defined: 50 Essential Issues That Affect Our Freedom.

Now that Congress has come to a compromise on the payroll tax cuts, Republicans are embarking on the next big battle with Democrats: blocking unconfirmed appointments to the National Labor Relations Board (NLRB). Republican lawmakers are refusing to adjourn for the year in the hopes that they can discourage President Obama from making unconfirmed appointments while Congress is on vacation.