corruption

There is no way to look past the way that the U.S. TARP (Troubled Asset Relief Program) has been administered and not understand we are seeing crony capitalism at work. One only need look at the way the British are doing things to see a…

I continue to be impressed by the absolute magnitude of the Madoff scandal. This Ponzi scheme went on for decades. It is a truly frightening spectacle. See some of the articles below. Otherwise, it's a Potpourri from around the net.…

On the financial scene, I see the biggest news as being the fact that the yield on 3-month treasuries have now gone negative. This is an absolute first. This means the U.S. government is being paid by investors to borrow. Given the fact…

This video is a good laugh given what we now know about the alleged criminal activity going on in Illinois Governor Blagojevich's office. Here is Blogojevich yesterday at a press conference. The man is smug and obnoxious. Now, he is going…

I have seen this all over the political blogosphere.  Blagojevich is reputed to have been under investigation for corruption and wire-tapping charges for quite a while.  They finally decided to pull the trigger and arrest him over this.…

"Section 8. Review. Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency."Sounds like Paulson wants…

At first glance, a flair-up in the Caucasus region seems to have little meaning for Americans. But just as the collapse of the subprime mortgage market ultimately came to symbolize the beginning of the end of an American credit system run…

This is a story of unequal re-distribution of wealth from the less fortunate to the more fortunate. This is a story of the United States in which the rich get richer at the expense of everybody else. At the conclusion, ask yourself: is this…