Inside Job

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Tom Degan: What is incredible about this very important film is that a few of the perpetrators of this incalculable theft arrogantly sat down with the makers of the film for interviews that are as jaw-dropping as they are outrageous.

Sacramento County’s General Plan, Part Deux

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Mark Dempsey: Besides the history of local development, recent lapses by our politicians, who regularly bow to speculation and greed, don’t exactly inspire confidence. Wall Street speculators absconded with 40% of the world’s wealth, and only Bernie Madoff is in jail.

Madoff, Stanford, Ponzi and the Media

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Few had heard the name Bernard (Bernie) Madoff, as recently as two months ago. An equally small group was familiar with the term “Ponzi Scheme” when the Madoff scandal broke. And now there is the Sir R. Allen Stanford scandal. Now, in this era of keen observance to rules of fiscal prudence where the public […]

What Should Be Done With The Next $350 Billion of Taxpayer Bailout Money: Criteria for TARP II

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It’s difficult to make the case that the first $350 billion bailout of Wall Street — so-called “TARP I” — fulfilled its goals, unless one argues that the Street would have imploded without it, which is pretty much what Hank Paulson is saying these days. And since it’s impossible to prove a counter-factual, especially when […]

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