How they passed the Fed audit

Via Naked Capitalism. This is almost an hour, but worth your time for the insight into the political system.

In this interview, Cenk Uygur of the Young Turks and Matt Stoller discuss how Congress worked in 2009-2010, and why an audit of the Federal Reserve was able to get through a dysfunctional political system. It’s a long interview, with some echoing at the beginning, but it’s the most comprehensive discussion of how the fight actually happened on the House side.

Residents evacuated

We have such crappy infrastructure, and now it’s all going to catch up with us:

St. Tammany Parish, a community north of New Orleans on Lake Pontchartrain, on Saturday ordered the mandatory evacuation of thousands of residents in some 1,200 homes, fearing the failure of a lock along a canal could send a wave of water sweeping through neighborhoods.

Saturday night, parish emergency officials said that the opening of valves had relieved pressure on Lock 2 on the Pearl River Diversion Canal but the evacuation order would remain in place.

Earlier, parish officials said the order covered residents between Locks 1 and 2 on the Pearl River Diversion Canal. “Failure of Lock 2 is imminent,” the parish said on its website.

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