S&P: So What!

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Mark Pash: Ongoing investigations by the SEC and Justice Department, Congress and federal regulators who are looking at ways to implement the Dodd-Frank Act, which contains provisions aimed at reducing the raters’ role in the financial system.

More States Disapprove ICE’s Secure Communities Program

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Michele Waslin: The program, which shares the fingerprints of individuals booked into jails with federal immigration databases, has been widely criticized for failing to target serious criminals, for increasing the potential for racial profiling, and for failing to be transparent.

Congresswoman Zoe Lofgren Demands Investigation into ICE’s Secure Communities Program

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Seth Hoy: This week, Rep. Lofgren called for an investigation into the actions of federal immigration officials whom she said lied about whether states and localities had the right to opt-out of the program.

Brewer Countersues Feds

Arizona Governor Jan Brewer

Andrea Nill: Gov. Jan Brewer (R-AZ) announced that she is filing a countersuit against the federal government on behalf of the state of Arizona. The countersuit names several counts, including a “failure to protect Arizona from invasion.”

Obama Attacks His Political Base

one term obama

Randy Shaw: After his decision to freeze federal salaries – not as part of any broader budget and tax deal, but unilaterally – it’s clear that the President is far more politically clueless than previously thought.

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