Month January 2010

Is TSA incompetent?

Oh, TSA can get all macho and jackbooted when trying to intimidate bloggers who published a memo they’d already distributed to thousands of employees (and which wasn’t secret), but when it comes to, y’know, stopping bombers from boarding, they have…

Origins of an American Kleptocracy

Zero Hedge on the fraud and political payoffs from Fannie, Freddie, and the other GSEs. Second, it becomes quite easy to construct a criminal case for literally millions of counts of accounting, securities, wire and mail fraud against the GSEs.…