Archive for December, 2010

Federal Reserve Used Trillions of Dollars for Secret Bailout of U.S. and Foreign Firms


Friday December 3rd, 2010   •   Posted by David Theroux at 2:01am PST   •   5 Comments

In shocking new disclosures, the Washington Post has reported in an article, “Fed aid in financial crisis went beyond U.S. banks to industry, foreign firms,” that in 2008 and 2009 the Federal Reserve created trillions of dollars in corporate welfare as secret bailouts “not just to Wall Street but also to motorcycle makers, telecom…
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Government by Commerce Clause


Thursday December 2nd, 2010   •   Posted by William J. Watkins Jr. at 2:27am PST   •   1 Comment

Are there any limits to the federal government�s power to regulate commerce? U.S. District Judge Henry Hudson has promised a decision on this issue before the end of this year. Judge Hudson is presiding over the Commonwealth of Virginia�s challenge to the Patient Protection and Affordable Care Act (better known as Obamacare), which forces…
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