Did Paul Ryan just agree to a bailout of Puerto Rico?

As we’ve said before Puerto Rico is Detroit with palm trees. Its massive patronage system, its army of “public” employees and big government generally bankrupted the island. Now the Dems want the government employees to get the pensions for which there is no money, all the while stiffing the people who lent Puerto Rico the money it now owes.

There are pretty much no good guys here. The government workers are to blame. The bondholders knew they were buying sketchy stuff but assumed they’d be indemnified.

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‘It’s far easier than you think to manipulate a nation of naive, self-absorbed sheep who crave instant gratification’ – Congressman ‘X’

Looks like we might have a good book to take with us to the beach this year. It’s short, fewer than 100 pages, but it looks full of goodies. The Daily Mail reports that he (or she?) has much to say. It’s all stuff we know of course, but it’s a member of Congress saying it.

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FDA Defies Congress, Slips Money to Hospitals, and Stiffs Consumers

It is important for Americans to understand that the FDA is in partnership with industry. The two giants work together. What may appear to be some consumer friendly “reform” almost always ends up benefiting some company or group of companies. The FDA is a deeply crony agency. In fact facilitating cronyism is a key part (if not THE key part) of its mission.

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Fiscal Responsibility is a National Security MUST

(From The Conservative Review)

Last year, dozens of congressional Republicans teamed up with Democrats the break the spending caps that conservatives won in 2011. This year, Senator Barbara Mikulski (F, 2%), the top Democrat on the Senate Appropriations Committee, has extended the same demand – there must be “parity” between increases in defense and domestic spending.

And sure enough, some in Congress have already called for more military spending beyond the massive bump they received last year.

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Congressman Massie insists on a recorded vote on foreign aid tonight

(From Congressman Massie’s Facebook Page)

The House was going to authorize $1 billion in foreign aid using a voice vote (unrecorded vote) with less than 12 members of congress in the chamber today. I showed up around 5:30 pm and demanded a recorded vote. Thankfully three other congressmen were also there to request the recorded vote if I didn’t.

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Congressman Thomas Massey reports weighs in on the election, prospects for the future, and for liberty (VIDEO)

Reason does so many great interviews. We really do appreciate what they do.

Below is Thomas Massie, a young congressman from Kentucky who in our opinion is one of a few really sharp and good guys on the Hill. His perspective is always welcome here.

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Chuck Todd asks Senator Ben Sasse: What is a conservative? (And are American “conservatives” really conservative?)

I have become a big fan of Senator Sasse. His definition of “conservative” is I think right on the money. Though I would say that the term “conservative” doesn’t really feel right to me these days. I would argue that what is today called conservative, very limited government, rule of law, generally an affirmation of The Enlightenment in many respects, is actually quite forward thinking and not retrograde as the term “conservative” implies. I don’t think most “conservatives” want to conserve the massive and intrusive state which this country has been saddled with since the Wilson administration.

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(Not a joke) California politicians to don donor logos if ballot initiative succeeds

We have long made the case that legislators should have to wear sponsor logos on their suits. In California someone is actually trying to make such a thing happen.

Seriously, how fantastic would this be?

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Does Goldman Sachs have a candidate in the presidential race?

Goldman Sachs, AKA Government Sachs, is very active politically. It has sought systematically to get its people into positions of power around the world.

The second best thing to do after having one of the bank’s own in positions of power from the bank’s perspective is to give piles of money to politicians who are likely to be friendly. (Or can be swayed to be friendly.) This is what they did for example with Barack Obama in 2008.

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