According to CongressDaily ($$), Senator Jim DeMint (R-SC) will continue to block a conference on lobbying and ethics reform until he receives a guarantee that his earmark disclosure language will not be changed during conference committee. This promise remains despite Senate Majority Leader Harry Reid's (D-NV) offer to put him on the conference committee. "The majority leader is trying to be clever, but I wasn't born yesterday," DeMint said. "Everybody knows Democrats are going to control the conference, 4 to 3, and they will vote 4 to 3 to kill earmark reform.

The White House Office of Information and Regulatory Affairs (OIRA) is sitting on a rule which would set speed limits for large shipping vessels traveling along the eastern seaboard during the migration season of the North Atlantic right whale. The standard would reduce the number of whales killed in collisions with ships. Because the rule is considered "major," the National Oceanic and Atmospheric Administration (NOAA) submitted the rule to OIRA for the standard review period prescribed by Executive Order 12866.

The free-marketeers say that not only is the market more efficient than government in almost every way, it makes everyone virtuous. People become dependent on the state when it intervenes; the market promotes self-reliance and rewards hard work and discipline.

An interesting article from this weekend's New York Times that let's the wealthy share their views on why they're so rich. Other very wealthy men in the new Gilded Age talk of themselves as having a flair for business not unlike Derek Jeter's "unique talent" for baseball, as Leo J. Hindery Jr. put it. "I think there are people, including myself at certain times in my career," Mr. Hindery said, "who because of their uniqueness warrant whatever the market will bear."