What I’m reading this morning

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Sen. John Ensign faces a Senate Ethics Committee investigation and a preliminary probe by the Justice Department. The Ethics Committee will defer the case to the Justice Department if Justice begins an actual investigation (which, considering the facts in the case and the number of potential cooperating witnesses, is almost certain). Meanwhile, Ensign’s GOP colleagues continue to dodge questions about his service. Time to lawyer up.

More bailout madness: TARP inspector general calls out the Treasury Department for lying about TARP contracts and unfairly sending money to big banks.

The Federal Trade Commission rules that bloggers receiving perks for reviewing or posting about products must disclose those payments or perks. The actual terms of these new rules have not been crafted yet.

Back in the good old days, before earmark transparency, Rep. Roy Blunt rode the earmark gravy train to massive campaign contributions and lobbying gigs for his ex-staffers.

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  • sorry about spelling. obvious above.

  • Do my eyes deceive me? I think it is pretty obvkous when a blogger is biased towards a particular product. Do we really need this form of disclosure.

    I guess where it would be useful would be when a number of products are mentioned on the blog and the blogger clearly favours one. But even then, isn’t a person entitled to their opinion?

    I guess in the end I don’t think it is such a big deal. I don’t think anything can be harmed by disclosure.