Tuesday, April 15, 2008

Two Quick Updates

The Farm Bill is working its way through the system.

The chairmen of the agriculture committees in the House and Senate have agreed "on the major sticking points of the Farm Bill," reports Barbara Leach of My Rural America, channeling Jerry Hagstrom of CongressDaily, a subscription-only news outlet.

"Senate Finance Chairman Max Baucus and House Ways & Means Committee Chair Barney Frank still have to agree on the offsets," Leach writes. "House and Senate conferees still need to vote on various other issues." And there's still a question about whether President Bush will sign the bill, veto it or allow it to become law without his signature.

Club-hopping, arms-dealing Eurotrash gets a reprieve from appearing before Congress:

For those of you waiting to hear from the senior executives behind AEY, Inc., you'll have to wait a little longer. The House oversight committee, which had set a hearing for 22 year-old AEY President Efraim Diveroli, his 25 year-old VP (and masseur) David Packouz, and the company's general manager, also 25, to testify, has indefinitely postponed the hearing.

Packouz's lawyer had informed the committee that his client would be pleading the Fifth unless he received immunity to testify -- something which seems unlikely. So that likely has something to do with the postponement. Diveroli and his boyz are under federal investigation for allegedly lying about the source of the ammunition he provided to the Afghan army.

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