The latest news out of Capitol Hill is that the Senate will take up legislation enacting a much needed update of the Foreign Intelligence Surveillance Act (FISA), pushing final passage of the mortgage bailout bill back until after the July 4th break. This should give Senators some much needed time …
As bad as the incestuous relationship between Sen. Chris Dodd’s (D-Conn.) and Countrywide Financial is, it probably is not even the worst part of the housing bailout compromise in Congress. At least the Countrywide bailout would be a one-time theft of taxpayer money (although this bailout would increase risky behavior …
Yesterday, The Guardian’s environment editor John Vidal reported on two new studies that show the UN’s clean development mechanism (CDM – an international system established by the Kyoto process that allows rich countries to meet emissions targets by funding clean energy projects in developing nations) is “being routinely abused by …
