Archive | April 2012
You are browsing the site archives by date.
What Caused the GSA Avalanche of Waste & Fraud?
This week Brian Miller, the inspector general of the GSA, told the senators a tale about the prolific bank robber Willie Sutton, “When they asked why he robs banks, he said ‘That’s where the money is.’ A lot of money moves through GSA.” The GSA provides an estimated $65 billion in services and equipment to […]
The Wall Street-Washington Financial Complex
Guest post by Jeff Harding. Originally published at The Daily Capitalist Larry Summers worked for hedge fund D. E. Shaw for one day a week for a year and received $5,200,000. Assuming they gave him a couple weeks off, that’s 50 days of work. $104,000 per day is pretty good work if you can get […]
Revolving Door – Naming Names
Having a difficult time understanding the revolving door concept? End The Lie has wonderfully illustrated the destructive influence of job swap musical chairs. Although these venn diagrams are one-sided and only highlight people from the Democratic party, they are factual and do demonstrate the magnitude of our revolving door between the federal government and the companies benefitting […]
Is Government For Sale? Not In This Town!
A grassroots movement is coordinating an effort to pass resolutions through city and town councils and state legislatures that declare public support for a constitutional amendment to overturn Citizens United during the week of June 11, 2012. The awareness generated about campaign financing and the need for reform that this initiative can achieve is fundamental […]
My First Meeting At City Hall
“Does anyone know why the street signs were changed from SPEED BUMP to read SPEED HUMP? Because the citizens are being humped by the city for all of these extra sign costs!” This riddle was posed by an elderly gentleman while I was attending my first city commission meeting in Hallandale Beach, Florida. As he […]
The American States of Taxation and Dependence
Originally published at Dena Gray I’ve been absent for the past several weeks and you can blame taxes. It’s that time of year, and up until yesterday, I was swamped with paperwork for three people and itemization that will make one’s eyes cross. This took up so much of my time and gave me multiple migraines, that […]
Capitalism Died & We Got TBTF – Regulation Version
The Volcker Rule of the Dodd-Frank bill is scheduled to go into effect on July 21,2012, although almost no one believes that the federal agencies will have finalized the necessary rules prior to that time. This much debated legislation still hasn’t been finalized over two and a half years after a public endorsement by President […]
