Pat H

Starting with his first cartoon, published a few months before the 1929 stock market crash,  through the end of the 20th century, Herbert Block (known as Herblock) responded vigorously to the political and social world around him. The cartoon above,  from…

November 25, 1986 saw the beginning of the scandal that became known as Iran-Contra, which has been mostly forgotten about today. (But a congressman named Dick Cheney was making notes.) “The Iran-Contra affairs are not a warning for our days alone,”…

According to Jeffrey A. Winters, author of Oligarchy (Cambridge University Press, 2011), there’s the “income defense industry” which is composed of [L]awyers, accountants, wealth management consultants, revolving-door lobbyists, think-tank debate framers and even key segments of the insurance industry whose…

Earlier this month, Judge Rakoff indicated that he had problems with the proposed settlement between the SEC and Citigroup arising from the sale of $1 billion of toxic mortgage debt. Â Today he followed through, rejecting the proposed settlement and ordered a trial.…