Month: October 2008

When the Government Can’t Investigate Fraud

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Government agencies are limited by their resources, both money and people. It came as no surprise to me that the Federal Bureau of Investigation is struggling to investigate cases of financial fraud. They simply don’t have enough investigators. I see the same problem with the SEC and FTC… not enough people to investigate all the allegations of fraud and shady dealings.

What are agencies to do when they can’t investigate everything that they think merits attention? Sadly, many cases go away with no action.

Read moreWhen the Government Can’t Investigate Fraud

But There’s No Evidence of Voter Fraud!

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Check out this bit of circular reasoning: The Wauwatosa Common Council has rejected a request for officials to verify voter registrations because “There is no historical evidence to show (voter fraud) is a problem in Wauwatosa.” (Alderman Craig Maher) Except there is “no evidence” of voter fraud because the voter rolls have never been checked.

Read moreBut There’s No Evidence of Voter Fraud!

Shop To Earn FAQs: Commissions, signing up brokers, SCORE and more

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The information reproduced here is from the Frequently Asked Questions section of the back office available to STE brokers. It is being posted for educational and critique purposes, as permitted under fair use principles.

Commission Rules & Periods

Q. When do I receive my commissions for shopping and referring?

Read moreShop To Earn FAQs: Commissions, signing up brokers, SCORE and more

Fox Guarding the Henhouse: Big 4 Auditors Chosen to Oversee Bailout Bill

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PricewaterhouseCoopers LLP (PwC) and Ernst & Young (E&Y) have been chosen by the United States Treasury to help oversee the $700 billion bailout plan. CFO.com reports:

Read moreFox Guarding the Henhouse: Big 4 Auditors Chosen to Oversee Bailout Bill

Fraud and the Wall Street Financial Bailout

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The question I have been asked more over the last few weeks than any other question is: “How big of a role has fraud played in this Wall Street bailout?”

I wish that was an easy question to answer. It’s not, because fraud has played a role in many aspects of the whole financial drama the United States is in.

The start of the financial mess can be traced to the frenzied buying of real estate. Everyone wanted to get into the game, which pushed up prices and potential profits, which made others want to get into the game, which pushed prices and profits up more, and so on.

Read moreFraud and the Wall Street Financial Bailout

The Fallout From a Democratic Win in November

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An opinion piece in today’s Wall Street Journal paints a very grim, but realistic, picture of where our country will be headed if Barack Obama wins the White House and Democrat majorities in Congress get stronger. (The Senate is expected to be filibuster-proof.)

What you have then is passage of everything the ultra-liberals ever wanted, which will include:

Read moreThe Fallout From a Democratic Win in November

A ShopToEarn Broker’s Opinion On the Program

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A Shop To Earn broker left this as a comment last night on one of our ShopToEarn / ShopToEarth threads. I think she has some important insights, so I’m republishing it as an article so more people will see it.

Are you thinking about getting involved with STE? Are you wondering if ShopToEarn is a scam or a fraud? Could it really be as easy as they’re making it sound with their push to recruit just two people? Check out what this broker has to say…

Read moreA ShopToEarn Broker’s Opinion On the Program

The Job of Government is Not to Employ as Many People as Possible

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In Wisconsin, we’ve got big government. And I mean big. We have one of the highest tax burdens in the country. Milwaukee was run by Socialists for a long time. Hence big taxes, big government, and big spending that have held on for a long time.

Government jobs here pay pretty well, have fairly low quality standards, and carry serious benefits to boot. The draw is a low-pressure job with a big benefits package. (One such example is Milwaukee Public Schools.)

Read moreThe Job of Government is Not to Employ as Many People as Possible