Free Republic

Several senior House Democrats warned that passing a bill from Rep. Ron Paul (R-Texas) requiring a full audit of the Federal Reserve Board's monetary policy decisions will allow Congress greater leverage to put political pressure on these decisions, which they said would cause serious problems in the U.S. and global financial markets. The Federal Reserve Transparency Act, H.R. 459, was expected to come up for a vote Wednesday, and seemed poised for passage given its 270 co-sponsors, including nearly four dozen Democrats. Nonetheless, many Democrats used the Tuesday floor debate to warn about the chances that Congress might use the...

Daniel Foster: "Re: Romney’s Close" I’m sorry but, on purely tactical grounds, what a bonehead move by the Romney campaign. Negative attacks, especially in a primary, have to be run on a careful cost-benefit analysis, and what exactly is the upside here? That at least Tom Brokaw isn’t Dan Rather? Romney is comfortably up in the Florida polls in large part because his campaign (with the unwitting collusion of NBC News!) managed to turn Gingrich’s flank on the wealth issue and cut him off from reinforcement via a Newt-versus-the-establishment-media moment. He now affords Gingrich such a moment with juuuuust enough...