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...After thanking Bernanke in his opening remarks, Bachus - the ranking Republican on the committee - went on to complain that the Fed had taken on too much authority and should restrict itself in the future to setting monetary policy. Texas Republican Ron Paul, whose calls to abolish the Fed have gotten more attention lately than they used to, claimed that "the Federal Reserve, in collaboration with giant banks, has created the greatest financial crisis ever seen...
...those who attempt to alleviate the danger will come out looking clean," he said in Bernanke's defense this morning. Then again, Frank said, the congressional griping will likely continue until the economy begins to show marked signs of improvement - because, as he put it, "no one has ever gotten re-elected with the bumper sticker that says 'It would have been worse without...
WASHINGTON, D.C. — During his short tenure as manager of the Washington Nationals, Manny Acta witnessed 28 members of Congress lose their jobs due to poor performances; you’d think he’d have gotten the memo. Instead, he led the Nats to the worst first half of the baseball season in their history—and was promptly fired himself...
...website has already gotten a few people into trouble. Just last week, sports blog Deadspin used the site to tattle on Texas Rangers reliever C.J. Wilson, who used his Twitter profile to make fun of broadcaster Chris Berman's attempts to hit on women at ESPN's ESPY Awards. Wilson thought twice about his comments later, but Tweleted preserved them. A quick glance over the deleted tweets of Twitter's top users reveals that most have been on their best behavior, though John Mayer apparently thought this little gem - "Wearing corduroy pants means having a nail file...
...Marriott by an underground tunnel, vehicles are still allowed to pull up to the lobby, but security at the front gate will open both the front hood and the trunk and use mirrors under each vehicle to spot any bombs. Since the first Marriott explosion, police have also gotten better at securing a bomb site. While reporters were allowed to get up close to the lobby in 2003, onlookers could not get within 500 feet of the blast on the morning of July 17. While it was difficult to see the damage to the Marriott, the ballroom windows...