No one likes paying taxes, but there’s some comfort knowing everyone pays their fair share, right?
Think again. After years of increased enforcement efforts at the Internal Revenue Service, tax cheating is still rampant, costing the federal governmen…
Broadly speaking, “blowback” is the unintended consequence to the civilian population of secret government operations…..
But there is another kind of blowback brewing in the U.S.: the negative consequences of massive covert manipulation of the domes…
The Federal Reserve and the Federal government are both desperately attempting to “manage perceptions” of the bogus “recovery” and of their own legitimacy. Can “managed perceptions” replace reality?
The Federal Reserve is quite open about the ulti…
Every day more than 700,000 people in Harris County are uncertain about where they will get their next meal. Not all of them are poor — many are working people who don’t qualify for federal food programs.
These are among the findings of a recen…
Here’s where we see the Con taking shape. The ideal setup for risk-free returns is to own Treasurys that pay a high yield. The way to get higher interest rates is to first make the Treasury market supremely dependent on a central bank or single buyer…
The oil spill that was once expected to bring economic ruin to the Gulf Coast appears to have delivered something entirely different: a gusher of money.
Some people profiteered from the spill by charging BP outrageous rates for cleanup. Others p…
What got us here?
What policies were implemented—decisions made—actions taken—which would set us on such a path to oblivion? Because that is our ultimate destination—oblivion. It’s coming to the American economy—and American society—a…
Catchy headline…
The NYT On Foreclosure: Can We Talk About Sex?
Actually, I meant to say “housing bubble,” but in top policy circles it might be easier to get a discussion going on sex. The NYT’s lead editorial defends the Obama administration’s …
February 8, 2011
Obama Plans to Rescue States With Debt Burdens
By MICHAEL COOPER and SHERYL GAY STOLBERG
President Obama is proposing to ride to the rescue of states that have borrowed billions of dollars from the federal government to continue payin…
Just out of curiousity, can anyone tell me what the Department of Homeland Security actually does?
Seriously.
Has anyone seen DHS actually do anything other than spend random amounts of money on random things and periodically show up in the news?
An…
