by Jane Richey | Aug 8, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Ben Bernanke, speaking to a conference of financial and economics school teachers, said that too-big-to-fail banks were one example of the combination of government and market failures that can hurt the economy. “Finally, I’d mention the too-big-to-fail problem, which...
by Jane Richey | Aug 8, 2012 | Constitutionally Limited Goverment, Politics
In 2011, Congress passed a law — the Pipeline Safety, Regulatory Certainty, and Job Creation Act of 2011 — which mandated that GAO assess the levels and types of participation of minority-owned, woman-owned, and disadvantaged firms in the construction and...
by Jane Richey | Aug 8, 2012 | Constitutionally Limited Goverment
From the Derrick: The Department of Environmental Protection has fined EXCO Resources (PA) LLC of Warrendale, Allegheny County, $47,500 for operating unpermitted residual waste transfer stations in Lycoming and Sullivan counties in 2011 and earlier this year, which...
by Jane Richey | Aug 7, 2012 | Constitutionally Limited Goverment, Politics
The Justice Department announced Monday that it has come to an agreement with Gibson Guitar Corp. that will resolve an investigation into whether the company used illegally harvested wood and ebony in its production process, a violation of the Lacey Act. Under the...
by Jane Richey | Aug 7, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Amtrak lost more than $800 million on its food and beverage services over the last 10 years, largely because of waste, employee theft and lack of proper oversight, government auditors have found. The railroad’s food and beverage service has never broken even since it...
by Jane Richey | Aug 7, 2012 | Constitutionally Limited Goverment, Politics
After a drawn-out legal battle in which the Pennsylvania Department of Environmental Protection, or DEP, sued the Huntingdon resident for environmental violations committed by her ex-husband, an administrative court last week ordered DEP to reimburse Giordano nearly...
