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  Late last week, Treasury Secretary Paulson and Federal Reserve Chairman Bernanke recommended that the federal government allocate $700 billion to provide liquidity in the financial market by purchasing unspecified items from various Wall Street firms.  They justified their recommendation by saying that the financial markets are in a crisis because banks no longer have faith in… Read more »

Congresswoman Virginia Foxx has voiced strong opposition to legislation drafted behind closed doors that will prohibit North Carolina from receiving revenue from new offshore oil drilling. Instead, all revenue from new offshore drilling leases will go straight into federal government coffers. The bill, HR 6889, does not allow for any amendments and was written and introduced… Read more »

  Constitution Day is September 17th  Celebrate the Birthday of Our Government   On Sept. 17, 1787, the U.S. Constitution was signed by thirty-nine brave men who changed the course of history.  The Constitution advances the premises stated in the Declaration of Independence. A Chief Justice once said, "The Declaration is the promise, the Constitution, its… Read more »

.floatLeft{float: left;} .floatRight{float: right; Why are gas prices high? How Congress can take on high gas and food prices  Over the past 15 months gas prices in North Carolina have steadily risen to above $3.50.  That’s up more than $1.30 since early 2007.  Many hard-working North Carolinians with bills to pay are cutting back in other areas as the… Read more »

Foxx Protects Bloggers' Rights Co-sponsors legislation ensuring bloggers' right to political expression   Congresswoman Virginia Foxx (NC-5) has co-sponsored of the Blogger Protection Act of 2008 (H.R. 5699), a bill that safeguards the First Amendment rights of bloggers. The Blogger Protection Act will transform current regulations that protect bloggers' rights into… Read more »