He has asked the Colorado Springs airport's aviation commission and director to prepare a briefing on a proposal to replace the TSA with a private security firm. The council is expected to hear the results in January, Mr. Paige said.
Similar discussions are under way in Dallas and in Orlando, Fla., as local officials attempt to gain a measure of control over the safety-screening process. The TSA's decision to intensify its airport screenings in early November has passengers balking about having their rights violated in the name of security. http://www.washingtontimes.com/news/2010/dec/2/state-city-lawmakers-seek-tsa-options/
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Jalopnik Daily [automobile news and gossip for those obsessed with the cult of cars] writes: In the depths of the financial collapse, the U.S. Federal Reserve pumped $3.3 trillion into keeping credit moving through the economy. It eventually lent $57.9 billion to the auto industry — including $26.8 billion to Ford, Toyota and BMW.
The Fed on Wednesday was forced to reveal the identity of the companies it aided during the crisis, after contending to Congress that keeping their identities and the details of such lending secret was essential. Much of Wall Street, and corporate giants such as General Electric, Harley Davidson and McDonald's, took advantage of the Fed's help. We've done the math on how the Fed propped up the auto industry. http://jalopnik.com/5704575/
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National Review writes: Old laws predicated on human nature cannot so easily be discarded — even by utopians who think they have the power to cool the planet and stop the rising seas. Borrowed money really has to be paid back. Governments cannot operate without confidentiality. Nations perish if they cannot protect themselves from existential threats. Watching a therapeutic Barack Obama grow up and learn these tragic lessons is as enlightening as it is sometimes scary.
In short, from Sacramento to Athens the world is reminded that obligations, despite in-vogue euphemisms like “stimulus” and “Keynesian,” really do have to be met. There is an iron law that transcends politics and limits the application of fiscal liberalism: Print more money and money becomes less valuable; default just once and all future credit is lost or intolerably expensive. http://www.nationalreview.com/articles/254342/obama-co-growing-fast-victor-davis-hanson?page=2
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