Tag Archive | Shelly Bernal
Overturning Montana Law Facilitates Decline In Economic Opportunity
Although we are in the full swing of an election year and all focus is on who will win, please remember that the influence of money in politics is about something far more important than who wins the next election. Yes, in fact, there is something more important than who wins in November – the […]
Housing Crisis – Can We Do Something Already?
As an update to an earlier post that is continued below, there are more minds examining eminent domain and our real estate collective action problem. It has been shown that when the value of a home falls below the value of the mortgage debt — when it is underwater — a person is much more […]
Obama Responds to FEC Petition
I continue to be flabbergasted at the rationale behind funding federal enforcement agencies that do not enforce the laws. Any excuse for not enforcing existing laws is unacceptable. The hypocrisy of having laws and not enforcing them is more dangerous to a society than no rules at all. The existing campaign finance regulations are woefully […]
STOCK Act revisited by CBS 60 Minutes
Last night Steve Kroft revisited the STOCK act on 60 Minutes at CBS. The passage of this bill in April is merely a hollow action by Congress to placate the public. The fact that elected officials are not automatically held accountable to the same laws as the people is alarming. Even though the STOCK Act […]
Financial Regulators Crush Small Fry and Feed Big Whales
The Securities and Exchange Commission has taken the decades-old, stereotypical criticism of useless federal government regulators and owned it. Time and time again the agency has chosen not to enforce rules against the most powerful institutions, has turned a blind eye as the institutions continue fraudulent behavior and has codified the injustice of an economically-elite […]
Shareholders Get Political
All of the ruckus over political campaign contributions in the last couple of years is definitely resulting in more public awareness. Shareholders are even getting political now. A proxy advisory service, Institutional Shareholder Services, states that “Investors filed more than 100 resolutions this year asking companies to disclose what they spend on political advocacy. The […]
Mortgage Fraud Task Force PR Campaign
Why the noisy public relations campaign for the mortgage fraud task force? Thankfully, main street has not stopped demanding accountability. As Politico reports, Members of the liberal activist group CREDO Action have made more than 3,000 calls since March to the White House and Obama’s Chicago campaign headquarters urging the administration to assign more investigators […]
Press Release by Invertebrate Schneiderman on Law Day
UPDATE: As I covered in a previous post, Schneiderman penned an Op-Ed article in which he used phrases like “attacking the foreclosure crisis” and “working aggressively to provide accountability”, in describing the mortgage fraud task force. Below, in another post, I suggested that any new press releases for this ‘force-to-be-reckoned-with’ should include indictments. Unfortunately, another […]
Earmark Pigs Are Not Flying But Breeding Oligarchy
UPDATE: The ban on earmarks by the House in 2010 is proving difficult to uphold. Apparently the ban applied to passing legislation with earmarks and did not in any way apply to existing earmarks. Representative Harold Rogers, a Republican who is now the chairman of the House Appropriations Committee, added an earmark to a 2009 […]
