The lie we live with and that we all participate in is that we don't want candidates to say anything when they run for office and then we are disappointed when they start doing things we hate. We know nothing about what any of the candidates will really do --- except for Edwards.Edwards is the exception that proves the rule.…[...]

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Tags: Clinton, Edwards, Hillary, Iowa, New Hampshire, president
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The big boys were all about stepping up to the plate to hand back some of their hard-earned (make that unearned) profits with a bailout fund. First it was $75 billion, then it was $100 billion, today it is $80 billion and going down because in the final analysis it is once again about smoke and mirrors. They wanted to…[...]

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Tags: bailout, bank, foreclosures, sub-prime
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Well here it is. BOA, JPM et al are getting together a fund to "buy out (i.e.., bailout) the blood soaked securities they have been spewing out into the marketplace for years. They understand the likely response of the public. They understand disaster is just days away and they are actually trying to do something about it. While it is…[...]

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Tags: bailout, banks, crash, credit, economy
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This is why the FDA should be eliminated as an agency. As the public is slowly finding out, the FDA lacks authroity, resources and will to monitor, inspect or regulate anything on its own. It basically is composed of arrogant people who either did work for food and or drug companies, do work for them now, or will work for…[...]

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Tags: competition, drugs, FCC, FDA, food, free market
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So here is the issue. The Dollar has lost 30% against the Euro. So Europe is grumbling that US Exports are getting too cheap and hurting their producers. Good for US producers and bad for Euro producers. The free trade people point to this to show how trade is to the comparative advantage of the US and the value of…[...]

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Tags: dollar, euro, free trade, unemployment
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Enron is just one of a long series of scams starting back in the 1960's with changes in the rules that prompted Abromoff to Write Unaccountable Accounting. The essence of the scam is simple: put the risk on some unsuspecting schmuck and take all the money. It is the middlemen --- the accounting firms, the law firms, the rating agencies,…[...]

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Tags: economy, Enron, fraud, money, securities
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