Corruption/Crime

GOVERNMENT-SPONSORED MELTDOWN – FANNIE MAE

JULY 12, 2011 . By PETER WALLISON Mr. Wallison, a senior fellow at the American Enterprise Institute, was a member of the Financial Crisis Inquiry Commission and dissented from the majority report. EXCERPT FROM THIS ARTICLE:  Far from being a marginal player, Fannie Mae was the source of the decline in mortgage underwriting standards that […]

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THE DEMOCRATS’ ‘CULTURE OF CORRUPTION’

Published on The Weekly Standard (http://www.weeklystandard.com) With a party like his, why in the world did Anthony Weiner resign? Mark Hemingway June 27, 2011, Vol. 16, No. 39 Anthony Weiner undoubtedly felt pressured these last few weeks to resign his House seat over his dishonesty and online sexual indiscretions. The leaders of his party, everyone

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THE ROOTS OF THE HOUSING CALAMITY – GEORGE WILL

Burning down the house By George F. Will, Published: July 1 “The louder he talked of his honor, the faster we counted our spoons.” — Emerson The louder they talked about the disadvantaged, the more money they made. And the more the financial system tottered. Who were they? Most explanations of the financial calamity have been

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THE FOOD-STAMP CRIME WAVE

JUNE 23, 2011 The number of food-stamp recipients has soared to 44 million from 26 million in 2007. Not surprisingly, fraud and abuse are rampant. By JAMES BOVARD Millionaires are now legally entitled to collect food stamps as long as they have little or no monthly income. Thirty-five states have abolished asset tests for most

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DURBIN, TESTER, LOBBYISTS, AND THE DODD-FRANK CORRUPTION MACHINE

Published on Washington Examiner (http://washingtonexaminer.com) By Timothy P. Carney Jun 14 2011 – If your goal were to foster more political cronyism, reward lobbyists, entrench incumbents, enrich the politically connected, and get the revolving door spinning faster, you would have a hard time crafting a more useful piece of legislation than the Dodd-Frank financial regulation

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DON’T BANK ON BEIRUT

JUNE 14, 2011 Lebanon is a money-laundering haven for the region’s bad guys. By BRET STEPHENS EXCERPT FROM THIS ARTICLE: Following the February 2005 assassination of former Lebanese Prime Minister Rafik Hariri, a U.N. investigation noted that “it very much seems that fraud, corruption, and money-laundering could also have been motives” in the murder. Hariri,

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BOOK REVIEW – RECKLESS ENDANGERMENT

JUNE 3, 2011 Home Truths To keep itself politically bullet-proof, Fannie Mae paid competing lobbyists to sit on the sidelines. By JAMES FREEMAN Reckless Endangerment By Gretchen Morgenson and Joshua Rosner (Times Books, 331 pages, $30) ‘The American people realize they’ve been robbed. They’re just not sure by whom,” write Gretchen Morgenson and Joshua Rosner

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THE TOP TEN MOST GERRYMANDERED CONGRESSIONAL DISTRICTS IN THE UNITED STATES

PAJAMASMEDIA.COM November 11, 2010 – 1:30 pm – by Zombie (In the first half of this essay, Gerrymandering 101, I explained how gerrymandering works and why it’s so ubiquitous. Here in the exciting conclusion I name and shame the ten most gerrymandered districts of the current 111th Congress — plus 20 bizarre bonus districts not

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EGYPT: WHY ARE THE CHURCHES BURNING?

NEW YORK REVIEW BOOKS Yasmine El Rashidi AFP/Getty Images Egyptian Coptic Christians demonstrate outside the state radio and television building in central Cairo on March 8, 2011 On a recent afternoon this month, in a busy downtown Cairo street, armed men exchanged gunfire, threw rocks and Molotov cocktails, and freely wielded knives in broad daylight.

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