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Ryan Grim

Dodd Opposes Fed Audit

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Business

Senate Banking Committee Chairman Chris Dodd opposes including a provision to audit the Federal Reserve in the Senate's regulatory reform package, the...

NY-23: Hoffman Tells GOP Clean Energy Bill Lie, Completely Botches it

Josh Nelson | Posted 05.25.2011 | Politics
Josh Nelson

Doug Hoffman is dangerously out of touch. Recent false statements he made on cap-and-trade tell it all.

Some Nonprofit Student Lenders Accused Of Misconduct

Huffington Post | Jeannnette Neumann, Cezary Podkul, Delphine Reuter and Andrew Tobin | Posted 05.25.2011 | Business

As the cost of college continues to skyrocket, students are increasingly seeking loans from nonprofits--state-based organizations often viewed as an a...

The Pentagon's Black Hole

Winslow T. Wheeler | Posted 05.25.2011 | Politics
Winslow T. Wheeler

It's not that DOD is flunking audits. You flunk an audit when you track the money and find it was not spent as intended. DOD cannot track the money; the Department of Defense is unauditable.

CFTC Gets Derivatives Advice From Industry Insiders

HuffPost Investigative Fund | Keith Epstein And Ben Protess | Posted 05.25.2011 | Politics

Like many federal agencies contemplating reform these days, the Commodities Futures Trading Commission is hearing a lot from the industry it regulates...

Shahien Nasiripour

While Law School Tuition Skyrockets, Government Student Loan Limits Remain Stagnant

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

While law school tuition has skyrocketed over the past 15 years, federal loan limits have remained stagnant, putting more pressure on students to take...

Cuba Detains US Contractor

New York Times | MARC LACEY and GINGER THOMPSON | Posted 05.25.2011 | World

HAVANA -- A United States government contract worker, who was distributing cellphones, laptops and other communications equipment in Cuba on behalf of...

Why Financial Literacy is a Mirage

Eric Schurenberg | Posted 05.25.2011 | Business
Eric Schurenberg

What makes financial literacy such an attractive goal today? One benefit is that it deflects attention from reforming financial services.

U.S. Ports Still Wide Open to Nukes, Report Says

Jeff Stein | Posted 05.25.2011 | World
Jeff Stein

Over $3 billion and seven years since U.S. intelligence discovered that Osama Bin Laden was seeking a nuke, terrorists can still drive a radioactive truck through the holes in America's border defenses

Government Pays Mortgage Servicers Billions, While Homeowners Suffer

McClatchy Newspapers | Chris Adams | Posted 05.25.2011 | Business

WASHINGTON -- The federal government is engaged in a massive mortgage modification program that's on track to send billions in tax dollars to many of ...

U.S. Fears $53 Billion Spent On Reconstruction In Iraq Will Go To Waste

nytimes.com | TIMOTHY WILLIAMS | Posted 05.25.2011 | Politics

In its largest reconstruction effort since the Marshall Plan, the United States government has spent $53 billion for relief and reconstruction in Iraq...

Who Are the Real Small Business Advocates in America?

Lloyd Chapman | Posted 05.25.2011 | Business
Lloyd Chapman

The ASBL is the only national small business group that does not take money from Fortune 500 firms or big businesses. We only fight for small businesses.

Bridging the Fighter Gap -- U.S. Navy Has Solution: Buy More Super Hornets!

Rob Diamond | Posted 05.25.2011 | Politics
Rob Diamond

With troops in combat today, our servicemen and women deserve better than a debate about unproven technologies of the future.

Rep. Johnson Applauds American Small Business League for its Work on Small Business Contracting

Chris Gunn | Posted 05.25.2011 | Politics
Chris Gunn

Johnson proposed the "Fairness and Transparency in Contracting Act of 2009," to provide small businesses across the country with billions of dollars in additional contracting opportunities.

20,000 American Guns Trafficked to Mexican Criminals

Paul Helmke | Posted 05.25.2011 | Politics
Paul Helmke

With 20,000 illegal guns from America recovered at crime scenes in Mexico over the last five years, there is no excuse for Congress and the President not to take steps now to close the gun show loophole.

Senator Leahy's Letter to the G.A.O., the Investigative Arm of the U.S. Congress

Sunil Chacko | Posted 05.25.2011 | Politics
Sunil Chacko

The letter to the G.A.O., the investigative arm of the U.S. Congress, now over a year old, was sent by U.S. Senators Leahy, Bayh and Lugar following the disappearance of the Bayh Amendment.

Planes, Guns and Terrorists

Dennis A. Henigan | Posted 05.25.2011 | Politics
Dennis A. Henigan

Should suspected terrorists be blocked from buying guns before they commit a violent crime? The gun lobby apparently doesn't think so.

90 Percent of Mexican Crime Guns Come From U.S., Says GAO

Josh Sugarmann | Posted 05.25.2011 | World
Josh Sugarmann

So much for NRA chief Wayne LaPierre's oft-repeated claim that Mexican gun traffickers don't bother to "trifle with paperwork at U.S. gun stores."

GAO Report Highlights Costs of U.S. Food Aid Restrictions

Kimberly Ann Elliott | Posted 05.25.2011 | World
Kimberly Ann Elliott

Congressional restrictions on U.S. food aid raise the costs of delivering it by as much as a third and delay it reaching hungry people by up to 100 days.

GAO: Sensitive Military Technology Can Easily Be Shipped Overseas

Huffington Post | Marcus Baram | Posted 05.25.2011 | Politics

Sensitive technology, including parts that can be used in the development of nuclear weapons, guided missiles and IEDs, can be easily purchased in the...

DOE Nuclear Clean-Up Program "High-Risk Area For Fraud, Waste, Abuse, And Mismanagement"

The Huffington Post | Cara Parks | Posted 05.25.2011 | Green

The Department of Energy is not adequately reporting the environmental impact of its billion-dollar program to clean up nuclear waste, according to a ...

Convoluted Foreign Aid

David Beckmann | Posted 05.25.2011 | World
David Beckmann

U.S. foreign assistance has worked miracles around the globe, but is in dire need of an overhaul.

CON GAMES: Real Bonus Babies in Defense Budget

Michael Conniff | Posted 05.25.2011 | Politics
Michael Conniff

Earmarks and entitlements are chickenfeed compared to defense spending, but to conservatives the Defense Department has always been sacrosanct.

New Report Reveals Why We'll Be Paying for the Iraq Occupation for Years to Come, Withdrawal or Not

Jeremy Scahill | Posted 05.25.2011 | World
Jeremy Scahill

With last week's announced escalation of the war in Afghanistan, Obama blew the lid off of any lingering perceptions that he represents a significant change in how the U.S. conducts its foreign policy.

Sex, Spitzer, Derivatives: Using Our Outrage

Ari Melber | Posted 05.25.2011 | Politics
Ari Melber

In a galling demonstration of Washington's tangled priorities, leaders in both parties still refuse to tap Eliot Spitzer's expertise for policymaking and enforcement in the current crisis.