Pardon us, U.S. House of Representatives — is that… is that mud on your face? Don’t worry, you’re not the only government group to get caught allegedly downloading pirated content from the Internets. A new report claims that someone or multiple someones in the offices of the U.S. House of Representatives have been catching up on TV and movies by illegally downloading content recently. [More]
Our ever-vigilant parents at the Consumers Union are taking action against three new bills set to be vote on in the House of Representatives Friday, publishing a letter to show how proposed reforms in the bills would contribute to damaging many consumer protections. [More]
What do you do when your industry starts to go belly up and you can’t make enough revenue to stay afloat? If you’re a short-sighted U.S. auto maker, you beg the government for $25-50 billion in immediate, low-interest loans in order to retool your plants, so you can start producing the hybrid cars you should have been planning years ago.
The House is poised to pass a bill that will keep Walmart, and all who seek to follow them, from ever having a bank to call their own. The measure, H.R. 698, prevents industrial loan companies (ILCs) from being owned or chartered by any institution that doesn’t derive at least 85% of their revenue from financial activity.
House of Representative Republicans will just have to choke down the greasy taste of semantic defeat: the ludicrous ‘Freedom Fries’ debacle is over.