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Banks, Homeowners and the Battle Over ‘Too Big to Fail’

It’s a big day for banks: The Obama administration is expected to unveil new “too big to fail” proposals for dealing with troubled financial giants, Reuters reports. The proposals would “give the government the power to dismantle large financial companies that get into crises.”
The new draft bill is expected to take a tougher stance toward [...]


Senators Once Again Ask Questions Sotomayor Can’t Answer

Why is it that so many judicial confirmation hearings are dominated by questions from senators that they know the nominee can’t really answer?
Senator Herb Kohl (D-Wis.), just spent much of his questioning time asking Judge Sonia Sotomayor whether she a) believes there is a right to privacy, as the Supreme court has ruled there is; [...]