Blog Archives

Prince Charles Offered Secret Power to Veto Legislation

Ministers have been forced to seek permission from Prince Charles to pass at least a dozen government bills, according to a Guardian investigation into a secretive constitutional loophole that gives him the right to veto legislation that might affect his private interests. Since 2005, ministers from six departments have sought the Prince of Wales' consent…

Stephen Colbert Parodies Herman Cain’s Bizarre Campaign Ad

Herman Cain released an inexplicable campaign ad on Monday featuring his chief of staff smoking a cigarette. But unlike everyone else, Stephen Colbert didn't spend much time on tonight's Report trying to analyze the ad, opting instead to parody it with the three even more extreme versions.

GAO Report: Federal Reserve Is Riddled With Corruption And Conflicts Of Interest, Stephen Friedman I

A new audit of the Federal Reserve released today detailed widespread conflicts of interest involving directors of its regional banks. “The most powerful entity in the United States is riddled with conflicts of interest,” Sen. Bernie Sanders (I-Vt.) said after reviewing the Government Accountability Office report. The study required by a Sanders Amendment to last…

Aging ‘Privacy’ Law Leaves Cloud E-Mail Open to Cops

Twenty-five years ago Friday, President Ronald Reagan signed legislation that for the first time provided Americans with sweeping digital-privacy protections. The law came at a time when e-mail was used mostly by nerdy scientists, when phones without wires hardly worked as you stepped out into the backyard, and when the World Wide Web didn’t exist.…

The Definition Of Insanity Part II

The Definition Of Insanity: Part II By Dylan Palme My first article was about our lovely Federal Reserve and how every one in control of this country seems to think that money really does grow on trees. Well, we can echo that message again because as Timothy Geithner's saying, America's going to have a “very…

The Student Loan Racket: Ron Paul Right Again

Ron Paul was asked about student loan programs, which have made debt slaves out of countless kids, in his excellent interview on Meet the Press. Here’s an excerpt from Rollback, my book from earlier this year, that amplifies his points:

Got A Hundred Bucks? Buy A Home (Or Virtually Anything Else)

Today's adjustment to the government's HARP program to get anything with a pulse as close to the discount window as possible was not the only proposal to revive the moribund US housing market. According to a new proposal by HUD, beginning this month and continuing for a year, anyone with a just $100 will be…