Saying Anything to Get More Money
SEC Charges Illinois for Misleading Pension Disclosures Investors in municipal bonds were mislead about the underfunding of pension obligations, a fact that significantly increased their financial risk.
Ignoring Obvious Corruption because of party loyalty
The descent of the once great city of Detroit into chaos, corruption and insolvency is illuminated by the conviction yesterday of former mayor Kwame Kilpatrick (D) on 24 separate federal corruption charges, which could cost him up to 20 years in prison. ABC, CBS, and NBC could not be bothered to even mention the conviction of this disgraced ex-mayor of a major, blighted American city on their nightly news programs.
Making Invidious Racial Distinctions Inspector General Report on Racialist Dysfunction inside DOJ
The 250-page report offers an inside glimpse of systemic racialist dysfunction inside one of the most powerful federal government agencies.
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Though the report took almost four years to complete, it was worth the wait. Though the report commenced as an investigation into the New Black Panther dismissal, seemingly every rock the investigators turned over resulted in more creatures fleeing the sunshine. The final report captures a range of outrageous conduct, including the following examples:
Section 5 of the Voting Rights Act is a Racial Entitlement
But yesterday’s DOJ inspector general’s report makes plain: many staff inside the Justice Department define Section 5 exactly as Scalia does: as a “racial entitlement.”
In the report, Assistant Attorney General Tom Perez — a possible Obama nominee to head the Department of Labor — makes clear that he doesn’t think Section 5 should ever be used to protect a white minority in covered jurisdictions.
Perez feels it should only be used to prop up the political position of “people of color.” If the victims of discrimination happen to be white, too bad — they are not protected.
The very man responsible for this terrible state of affairs in one of our most powerful agencies is now Obama's nominee for Secretary of Labor. Why Thomas Perez Should be Blocked.