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A Scandal at 1500 Pennsylvania Avenue, NW
In the gathering dusk of Christmas Eve 2009, long after the closure of the healthcare debate, long after the US Senate has closed its doors, long after the US President has departed for his vacation...
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The Scandal Widens to Both Ends of Pennsylvania Avenue
‘Sherlock Holmes puffs on his long-stemmed pipe and quietly plays a haunting melody on his violin, thinking deeply about the Scandal at Pennyslvania Avenue. ‘I am now quite sure, my dear Watson, that...
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Scandal on Pennysylvania Avenue: The Return of Sherlock Holmes
“Holmes”, complains Watson, “I am worried about your condition. You appear to me, old chap, to be increasingly dependent upon your daily injections of cocaine, and to be slipping away from your...
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Government crooks and incompetents cover each others’ backsides
The financial crisis of 2008 started in the U.S. housing market in October 1977 when President Carter signed into law the Community Reinvestment Act. This Act promoted home ownership for minorities by...
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Larry Summers panders snake oil solutions to US housing market dis-equilibrium
“The central irony of a financial crisis is that while it is caused by too much confidence, borrowing and lending and spending, it can be resolved only with more confidence, borrowing, and lending and...
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Barney Frank: goodbye and good riddance (2)
The Herb Moses episode Shortly after coming out from the closet as homosexual, in 1987, Barney Frank met and began to date Herb Moses, an economist and an activist in the LGBT (lesbian, gay, bisexual...
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When crooks fall out honest men come into their own
Over a period of some 40 years, following pressure initially exerted by the Carter administration, United States financial institutions were egged on into making mortgage loans to high-risk...
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How to destroy capitalism in one easy lesson
Today, February 5, 2013, U.S. Attorney General, Eric Holder – the socialist Obama-appointee who currently heads up the Justice Department – is expected to bring a civil law suit against Standard &...
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