http://news.bostonherald.com/

In a last-minute show of unity, Bay State Ron Paul supporters decided to throw their votes behind Sen. John McCain last night.

About a dozen Massachusetts supporters of the Texas Congressman and GOP upstart decided to back McCain only an hour before the delegates began to cast votes for the presidential pick.

“We decided the best course of action was to give a little to get a lot,” said Chris Blanc, a Cambridge resident who supports Paul. “The Massachusetts GOP really wanted to show unanimous support.”

Paul, shunned by the Republican convention because he wouldn’t endorse McCain, has been holding daily “counter rallies” in Minnesota where devoted supporters hiss when McCain’s name is uttered.

Rep. Paul Loscocco (R-Holliston) worked with Paul sympathizers to join the delegation so all 43 delegate votes would go to McCain.

“Give a little to get a lot”? Mr. Blanc, you get nothing and took two steps backwards. Bending to the will of GOP was not what you and the other delegates were sent there to do. Thank you for undermining all the hard work and dedication of Ron Paul supporters in and outside the boundaries of Massachusetts. I’m very disappointed.

My hat goes off to the delegates of Alaska, Oregon, Washington and West Virginia who stood their ground.

From Boston.com

ST. PAUL — Security officials, under the direction of South Carolina Attorney General Henry McMaster, the convention’s sergeant-at-arms and its self-described top law-enforcement officer, seized a pro-Ron Paul sign from a Massachusetts alternate delegate during tonight’s proceedings.

Francie Steffian, elected on Mitt Romney’s slate, said she was given a handwritten sign that read “Keeping America Safe” when she entered the hall. She crossed out the slogan, associated with John McCain’s campaign, and on the back wrote “Ron Paul Revolution.” Shortly after displaying the sign, two men wearing McCain baseball caps and earpieces rushed to her section and demanded it from her.

“I just wrote my opinion on it, and they took it,” said Steffian, of Ashby. “I didn’t agree with it, so I wrote what I believe. I don’t feel he’s keeping America safe.”

The two men were met in the seating area by McMaster, who folded up the sign, placed it under his arm and said, “Good job.”

One of the men surveyed the scene and spoke into his wrist. “Please be advised that we have confiscated a Ron Paul sign in 124,” he said.

Hahah, next time keep your beliefs to yourself, Ms. Steffian.  A political convention is no place for, you know, debate on politics.  Go grab your party-approved flair and smile for the camera, America is watching!

http://www.telegram.com/…

Victor Deeb, the retired chemist who stored hundreds of chemicals in his house, was allowed to return home yesterday after authorities spent three days dismantling his basement laboratory.

None of the materials found at 81 Fremont St. posed a radiological or biological risk, according to the state Department of Environmental Protection. No mercury or poison was found. Some of the compounds are potentially explosive, but no more dangerous than typical household cleaning products.

All potentially hazardous materials were removed from the house, which the Deebs have owned since 1988. A cleanup company, contracted by DEP, is continuing to test the chemicals in a lab.

“Ultimately, they will be disposed of,” said DEP spokesman Joseph M. Ferson, who said the city’s Department of Public Works is making sure nothing seeped into the sewer lines.

Mr. Deeb declined to comment yesterday. Authorities say he has patents pending and had been using his basement as a science lab to conduct experiments, possibly for many years.

Firefighters found more than 1,500 vials, jars, cans, bottles and boxes in the basement Tuesday afternoon, after they responded to an unrelated fire in an air conditioner on the second floor of the home.

Vessels of chemicals were all over the furniture and the floor, authorities said. The ensuing investigation involved a state hazardous materials team, fire and police officials, health officials, environmental officials and code enforcement officials. The Deebs were told to stay in a hotel while the slew of officials investigated and emptied the basement.

Pamela A. Wilderman, Marlboro’s code enforcement officer, said Mr. Deeb was doing scientific research and development in a residential area, which is a violation of zoning laws.

“It is a residential home in a residential neighborhood,” she said. “This is Mr. Deeb’s hobby. He’s still got bunches of ideas. I think Mr. Deeb has crossed a line somewhere. This is not what we would consider to be a customary home occupation. … There are regulations about how much you’re supposed to have, how it’s detained, how it’s disposed of.”

Mr. Deeb’s home lab likely violated the regulations of many state and local departments, although officials have not yet announced any penalties.

“He’s been very cooperative,” Ms. Wilderman said. “I won’t be citing him for anything right at this moment.”

I like the frankness of Robert Bruce Thompson over at MAKE blog on this: “Allow me to translate Ms. Wilderman’s words into plain English: ‘Mr. Deeb hasn’t actually violated any law or regulation that I can find, but I don’t like what he’s doing because I’m ignorant and irrationally afraid of chemicals, so I’ll abuse my power to steal his property and shut him down.’” and “There’s a word for what just happened in Massachusetts. Tyranny. And it’s something none of us should tolerate.”

Hear, hear.

http://www.washingtonpost.com/…

The biggest political story of 2008 is getting little coverage. It involves the collapse of assumptions that have dominated our economic debate for three decades.

Since the Reagan years, free-market cliches have passed for sophisticated economic analysis. But in the current crisis, these ideas are falling, one by one, as even conservatives recognize that capitalism is ailing.

You know the talking points: Regulation is the problem and deregulation is the solution. The distribution of income and wealth doesn’t matter. Providing incentives for the investors of capital to “grow the pie” is the only policy that counts. Free trade produces well-distributed economic growth, and any dissent from this orthodoxy is “protectionism.”

The old script is in rewrite. “We are in a worldwide crisis now because of excessive deregulation,” Rep. Barney Frank (D-Mass.), the chairman of the House Financial Services Committee, said in an interview.

He noted that in 1999 when Congress replaced the New Deal-era Glass-Steagall Act with a set of looser banking rules, “we let investment banks get into a much wider range of activities without regulation.” This helped create the subprime mortgage mess and the cascading calamity in banking.

While Frank is a liberal, the same cannot be said of Ben Bernanke, the chairman of the Federal Reserve. Yet in a speech on Tuesday, Bernanke sounded like a born-again New Dealer in calling for “a more robust framework for the prudential supervision of investment banks and other large securities dealers.”

Bernanke said the Fed needed more authority to get inside “the structure and workings of financial markets” because “recent experience has clearly illustrated the importance, for the purpose of promoting financial stability, of having detailed information about money markets and the activities of borrowers and lenders in those markets.” Sure sounds like Big Government to me.

This is the third time in 100 years that support for taken-for-granted economic ideas has crumbled. The Great Depression discredited the radical laissez-faire doctrines of the Coolidge era. Stagflation in the 1970s and early ’80s undermined New Deal ideas and called forth a rebirth of radical free-market notions. What’s becoming the Panic of 2008 will mean an end to the latest Capital Rules era.

In the campaign so far, John McCain has been clinging to the old economic orthodoxy while Barack Obama has proposed a modestly more active role for government. But the economic assumptions are changing faster than the rhetoric of the campaign. “Reality has broken in,” says Frank. And none too soon.

Is this a joke?

A Massachusetts liberal writing an article about the failures of capitalism using another Harvard grad, NJ born, Massachusetts representing liberal as a source?

Using the fact that the head of the Federal Reserve, which is about as anti-free market as you can get, wants to increase the organization’s power as evidence that free market conservatives are giving up on the free market? Who said Bernanke is conservative? Who said a central bank was free market?

Using the Great Depression as more evidence of free market failures?

Claiming John McCain is a free market conservative?

I’m just astounded by the amount of steaming feces coming off of this article.

http://www.boston.com/…

The owners of a small South End

gallery say they had the best of intentions when they commissioned a famous

and often mischievous street artist to install a massive political mural on a construction wall lining one of the artiest strips of the South End.

The mural, 13 feet high and nearly a block long, features multiple composite portraits of Democratic presidential candidate Barack Obama and Abraham Lincoln, their faces melded together in a rainbow of colors. It is meant, the gallery said, to inspire dialogue.

That it did. The morning after artist Ron English and his band of volunteers finished the mural, “Abraham Obama,” it stirred a tempest in this insular arts community, though it had nothing to do with Lincoln, Obama or English himself.

Wha? I think both men should/would be offended by this. Obama has been affiliated with people who don’t like the whites and Lincoln wasn’t so thrilled with the blacks.

http://www.fortbendnow.com/…

In the face of $4 per gallon gasoline and predictions the price will rise to $7 by the end of summer, Congressman Ron Paul (R-Lake Jackson) is calling on Congress to explore how the weakened value of the dollar may be contributing to the rise in oil prices.

Paul, whose 14th Congressional District of Texas includes part of the Katy area and much of Cinco Ranch, said he wants Congress to hold hearings on the relationship between the falling value of the dollar and the recent rise of oil prices.

As ranking member of the House Subcommittee on Domestic and International Monetary Policy, Paul sent a letter earlier this week to Rep. Barney Frank (D-Mass.), chairman of the House Financial Services committee, asking for the hearings.

“The price of oil is currently among the most pressing issues to American workers,” Paul said. “Congress should be examining all factors contributing to the high cost of oil, and monetary policy is one of the key factors in the run-up in price.”

Paul’s letter pointed out that the price of oil in dollars has risen 39 percent this year. Oil in Euros has only risen 30 percent, resulting in degraded purchasing power of the dollar of at least 80 cents of the increased price of a gallon of gas.

“Neither the Federal Reserve nor the Treasury Department have been willing to take responsibility for the dollar’s slide over the past several years, while American consumers have been forced to pay continually higher prices for gasoline, heating oil and numerous other imported products upon which Americans depend,” Paul noted in his letter. “American consumers cannot afford to allow continued lax Congressional oversight of the Federal Reserve and the Treasury Department’s duties as stewards of the dollar, especially since the dollar is a major factor in the skyrocketing price of oil.”

Besides himself, 16 other Members of Congress signed on to the letter, including ranking member of the House Committee on Financial Services Spencer Bachus, and Chairman of the Republican Study Committee, Rep. Jeb Hensarling.

Hopefully DownsizeDC will get something going on this. If anything this could be an educational tool for those who would be participating. The more congress critters who understand economics, even a little bit, the better.