Commentary on fraud, scams, scandals, and court cases.
 

Increased Government Spending Won’t Fix the Economy

Using government money (our money!) to “create jobs” sounds great, doesn’t it? When you hear about massive layoffs, a proposal that create jobs sounds appealing. But this really isn’t the way to stimulate our economy. The government will spend far too much money creating far too few jobs, when the …

Bailout Head Neel Kashkari Wants Transparency (Except When He Doesn’t)

It’s been widely reported that Neel Kashkari, Goldman Sachs alum and head of the $700 billion bailout, has said he wants transparency in administering the whole process. He is quoted as saying: “Consistent with Congress’ intent, we are committed to transparency and oversight in all aspects of the program and …