Why Big Banks Will Pay The Piper in 2013

patching panks

Bruce Reilly: 2013 is poised to become the most important year of the subprime aftermath. The five-year statute of repose, the window within which cases are arguably eligible under the Securities Act, will close.

Europe’s Youth Employment Is Bad, But Not As Bad As We’re Told

spain euro

ardly a day goes by without a new headline screaming about the scandal of youth unemployment, which has been pinned at the outrageous levels of 50 percent in Spain and Greece and above 20 percent in the eurozone. There’s just one problem – those numbers are derived from a flawed methodology, which misrepresents the true […]

Walmart Gets Jeffersonian on ALEC, Freezes Membership

walmart jefferson

Bobbi Murray: Walmart is well-equipped to forge ahead despite scandal and without ALEC, tidily attending to image-protection and lobbying chores on its own. The company, after all, has carefully worked Washington circles over the last decade.

Haitians Poisoned: And Justice?

haiti

Ayiti Kale Je: With the complete failure of the government to fulfill its obligations, who would dare to sip one of Haiti’s traditional drinks, made from homegrown sugar cane? Who will take the risk of being poisoned? Not the privileged, who drink fine, sweet rum or imported whiskies.

Haitians Poisoned: Liquid Death

michaelle

Ayiti Kale Je: In Haiti, the authorities continue to mystify the public with promises and “commissions,” while the national clairin industry disappears under a tidal wage of imported clairin.

Nittany Lion Country: Gut-Check Time

penn state candlelight vigil

John Peeler: We are Penn State if we have ever been part of an organization that chose to keep a scandal quiet and in-house, rather than reporting it to the authorities.

The Murdoch Implosion

fox-news

Tom Degan: I have been desperately trying to write a poem about the train wreck that Rupert Murdoch’s life has become but I’ve run into a brick wall. Could somebody give me a word that rhymes with schadenfreude?

Don’t Resign; Shame the Shamers, Congressman Weiner

anthony weiner republican

Jules Siegel: This totally lame scandal is about on the level of getting caught jerking off while looking in the mirror. Like who cares? No body fluids were exchanged. It’s thought crime.

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