By Mary Theroux on Nov 6, 2009 in Budget and Tax Policy, California, Morality, Urban Issues, corruption, socialism, transparency | 1 Comment
As an addendum to an earlier post citing the Obamas’ and various politicos’ (including Treasury Secretary Geithner and Tom Daschle) problems either understanding or adhering to the nation’s tax law, former Socialist Congressman Ron Dellums has apparently also decided that taxes are for the “little people.” He and his wife Cynthia owe at least $239,000 [...]
By Anthony Gregory on Sep 30, 2009 in Civil Liberties, Middle East, Politics, Presidential Power, War, corruption, transparency | 3 Comments
Sibel Edmonds, U.S. translator-turned gagged whistleblower, describes in her interview by Philip Giraldi in The American Conservative about one of the greatest scandals of our time, involving serious breaches of national security and foreign lobbyists blackmailing members of Congress. Stories like this are usually buried, however, as more superficial scandals always seem more sexy and [...]
By Randall Holcombe on Sep 21, 2009 in Economics, Federal Reserve, Money and Banking, Regulation, inflation, transparency | 0 Comments
The Federal Reserve Bank (Fed) has proposed a plan to regulate the pay of bank employees by allowing the Fed to reject compensation schemes it views would encourage excessively risky behavior. Regardless of whether one thinks bankers’ compensation should be regulated, the Fed should not be doing this.
The Fed’s major responsibility is controlling the [...]
By Randall Holcombe on Sep 18, 2009 in Bailouts, Economics, Federal Reserve, Government subsidies, Money and Banking, transparency | 3 Comments
I’ve seen lots written in the past year on the Federal Reserve Bank’s (Fed’s) expansion of the monetary base, but almost nothing written about changes in the Fed’s policy to target its funds and support toward specific institutions. Prior to Bernanke’s reign as Chairman, the Fed acted in a way that was neutral toward specific [...]
By Mary Theroux on Aug 13, 2009 in American History, California, Civil Liberties, Constitution, Elections, Politics, Regulation, Taxation, The State, Torture, corruption, transparency | 9 Comments
When Nancy Pelosi convenes her new House Un-American Activities Committee to call forth ObamaCare protestors (see her “‘Un-American’ Attacks Can’t Derail Health Care Debate“), I hope she’ll find room on the docket for a few other, arguably more egregiously un-American activities—and bring their perpetrators to account:
Torture
In the black-and-white films I loved as a child, the [...]
By Anthony Gregory on Jul 27, 2009 in Bailouts, Economics, Federal Reserve, Money and Banking, The State, corruption, transparency | 2 Comments
Read about and listen to Neil Barofsky, a lifelong Democrat and Obama donor put in charge as watchdog over the TARP. TARP is a fitting word for DC-style “transparency,” as a tarp has apparently been thrown over the entire Wall Street-Washington revolving door.
For daring to point out that TARP potentially puts taxpayers on the hook for [...]
