Three years after passage of the Tea Act by the British Parliament, colonists were fed up to the point of dumping 342 chests of the iconic British beverage into Boston Harbor and becoming thereby icons themselves. The men (estimates range from as few as 30 to as many as 130) refused finally to be placated by repeated promises of change and reform and, rather than wait for legislative response, they exercised the Lockean right of “self-defense” and defended their God-given right and constitutional rights.
President Obama admits his cap-and-trade plans probably do not have enough support to pass the Senate this year. Obama made the concession at a Tuesday town hall meeting in Nashua, New Hampshire, expressing regrets that his plan to charge companies for greenhouse-gas emissions will likely suffer defeat.
U.S. Sen. Judd Gregg, (R-N.H.), is insisting that the government obey the law, an idea some Washington insiders might find rather quaint in 21st century America. Gregg has taken sharp issue with President Obama's plan to use money repaid by beneficiaries of the 2008 bailout of large financial institutions to fund a new program aimed at helping small businesses. Gregg, the ranking Republican on the Senate Budget Committee, helped write the Toxic Assets Relief Program law and the Granite State Republican argues the repayments should be used to bring down the national debt, as the law requires.