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Here’s what’s missing from reports that “[t]he FCC just passed sweeping new rules to protect your online privacy” by a 3-2 vote: That the three who voted for the Rule are Democrats and that the two who voted against it are Republicans. And that the president’s party gets the majority of board members, from which the chairman is selected.

…what Wikipedia’s summary of how commissioners are selected under the Federal Communications Act, which established the FCC: The FCC is directed by five commissioners appointed by the President of the…

More on Gagnon

…still be some private label issues and they will be crowded out and, more importantly, the whole point is to get more mortgages written (either for new purchases or refinancing)….

Pandering to the Right Fringe

…most advanced democracies have–under the guise that these programs are too costly, do not require personal responsibility, and can’t be afforded under the new right’s ‘realism’ about the deficits. The…