In the case of the asset backed securities portfolio that the Fed acquired in support of the Bear Stearns acquisition by JPMorgan Chase the Shadow Financial Regulatory Committee suggested that the Fed disclose the names of counterparties to transactions, how transactions were priced, the quality and extent of collateralization and the current market-to-market values on those assets.

BecauseFederal Home Loan Banks are perceived to have the implicit backing of the United States government, the FHLBs can borrow in the financial markets at highly favorable rates.

The absence of a clear U.S. strategy to deter a nuclear Iran will give Tehran a free hand in the region to pursue conventional aggression and, what is worse, a nuclear attack.

The controversy over aspects of the House health care legislation that have been inappropriately equated with "death panels" has obscured the real problems with these provisions.

Merely hoping for change in China is not enough.