April is national financial literacy month and April Fools’ Day is April 1st. On this occasion consumers should resolve to avoid being fooled and misled by banks, credit card companies and the financial industry. FoolProofMe.com offers useful information to help you improve your financial skills and to become smarter consumers. Being “financially literate” means more … Read more
The Reuters report put this colossal dereliction simply: “A law in effect since 1992 requires annual audits of all federal agencies—and the Pentagon alone has never complied.” All $585 billion and more, e.g., for the Afghanistan and Iraq conflicts, of your money—not just unaudited, but, in the sober judgment of the Government Accountability Office (GAO) … Read more
That’s a question currently being asked by legislators in the halls of Congress. Without a muscular pushback from the public, the big airlines could claim the American airspace as their own to tax and regulate, without any significant compensation to the American taxpayer and no oversight from elected officials. Talk about getting skyjacked! An amendment … Read more
The hard-bitten, corporatist Democrats are moving Hillary Clinton through the presidential primaries. They are using “Republican-speak” to beat down Bernie Sanders as favoring Big Government and more taxes and they may unwittingly be setting the stage for a serious split in the Democratic Party. What is emerging is the reaction of millions of Sanders supporters … Read more
The passing of Supreme Court Justice Antonin “Nino” Scalia evoked widespread commentary about how outspoken he was both on the Court and at law schools and other forums where he often lectured and sometimes tangled with audiences. Knowing of Justice Scalia’s unusual expressiveness for a jurist, my colleague Robert Weissman and I wrote him a … Read more
Bernie Sanders is far too easy on Hillary Clinton in their debates. Clinton flaunts her record and experience in ways that Sanders could use to expose her serious vulnerabilities and disqualifications for becoming president. Sanders responds to Clinton’s points, but without the precision that could demolish her arrogance. For example, she repeatedly says that Sanders … Read more
Last month as Hillary Clinton was leaving a town meeting in Manchester, Lee Fang of the Intercept asked her if she would release the transcripts of her paid, and very private speeches to Goldman Sachs, the Wall Street powerhouse historically deep in Washington, D.C., influence-peddling. Mrs. Clinton just laughed. It is probably a good bet … Read more
Before announcing for President in the Democratic Primaries, Bernie Sanders told the people he would not run as an Independent and be like Nader — invoking the politically-bigoted words “being a spoiler.” Well, the spoiled corporate Democrats in Congress and their consultants are mounting a “stop Bernie campaign.” They believe he’ll “spoil” their election prospects. … Read more
Corporatized and commercialized elections reach a point where they stand outside and erode our democracy. Every four years the presidential and Congressional elections become more of a marketplace where the wealthy paymasters turn a civic process into a spectacle of vacuous rhetorical contests, distraction and stupefaction. The civic minds of the people are sidelined by … Read more
As the New Year gets underway, the highest-paid CEOs of many large corporations have already paid themselves more than the average worker will earn in the entire year! By the end of the first week of January, the highest-paid CEOs had already made as much as their average workers will earn over 8 years. An … Read more