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Goldman Sachs Finally Admits it Defrauded Investors During the Financial Crisis

Goldman Sachs Finally Admits it Defrauded Investors During the Financial Crisis This resolution holds Goldman Sachs accountable for its serious misconduct in falsely assuring investors that securities it sold were backed by sound mortgages, when it knew that they were full of mortgages that were likely to fail The real story here is that Goldman […]

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economics Uncategorized

Apple and Google’s wage-fixing cartel involved dozens more companies, over one million employees

Apple and Google’s wage-fixing cartel involved dozens more companies, over one million employees My libertarian friends keep telling me that in a free market this type of thing simply can not happen. That companies will bid-up the wages of in-demand workers and could never take action to suppress those wages without state involvement. After all, […]

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politics Uncategorized

Republicans Using Fake Websites To Trick Donors Is Just The Start

Republicans Using Fake Websites To Trick Donors Is Just The Start It turns out that the political organization has purchased over a dozen domain names of Democratic candidates up for election and set up real-looking-but-fake websites. The worst part of all – besides the blatant deception and malice for the electorate – is that fact […]

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economics Uncategorized

For two decades, the U.S. military has been unable to submit to an audit

For two decades, the U.S. military has been unable to submit to an audit For two decades, the U.S. military has been unable to submit to an audit, flouting federal law and concealing waste and fraud totaling billions of dollars So logically, we need to cut food stamps, head start and social security.

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politics Uncategorized

The Surprising Truth About Government Fraud

The Surprising Truth About Government Fraud the culprits are usually managers and executives, not “welfare queens.” Worth a read.

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Government report: TSA employee misconduct up 26% in 3 years

Government report: TSA employee misconduct up 26% in 3 years the GAO also found 384 ethics and integrity violations, 155 “appearance and hygiene” complaints and 56 cases of theft.

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economics Uncategorized

SEC Charges Texas Man With Running Bitcoin-Denominated Ponzi Scheme

SEC Charges Texas Man With Running Bitcoin-Denominated Ponzi Scheme The SEC alleges that Shavers promised investors up to 7 percent weekly interest based on BTCST’s Bitcoin market arbitrage activity, which supposedly included selling to individuals who wished to buy Bitcoin “off the radar” in quick fashion or large quantities. In reality, BTCST was a sham […]

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economics Uncategorized

Twinkie CEO Admits Company Took Employees Pensions and Put It Toward Executive Pay

Twinkie CEO Admits Company Took Employees Pensions and Put It Toward Executive Pay

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politics Uncategorized

Oregon Election Worker Fired for Altering Ballots to Republican Straight Ticket

Oregon Election Worker Fired for Altering Ballots to Republican Straight Ticket Fired? Why not arrested?

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NYT Senate approves ban on Insider Trading by Congress

NYT Senate approves ban on Insider Trading by Congress The only reason to do this on a Friday is to bury the fact that there are no restrictions on insider trading for Congressmen.