Think about it. Insider trading leads the news again, casting a cloud over Steven Cohen's SAC Capital Advisors $14 billion hedge fund. The SEC charged Mathew Martoma, who used to manage a SAC Capital division, with using inside information about tests on an Alzheimer's drug to trade stock of the company working on it. The media love this stuff. ... MORE
Feds Plot To Crackdown On Medical Marijuana Patients
Why $16,000,000,000,000 Only Hints At True U.S. Debt
by Chris Cox and Bill Archer. A decade and a half ago, both of us served on President Clinton's Bipartisan Commission on Entitlement and Tax Reform, the forerunner to President Obama's recent National Commission on Fiscal Responsibility and Reform. In 1994 we predicted that, unless something was done to control runaway entitlement ... MOREDonald Lambro: Obama's War On Wealth
Higher taxes mean slower growth. A big issue is missing in the debate over the “fiscal cliff”: how to get the Obama economy growing again, fueling capital investment, jobs and higher incomes. In all the fire and fury over whether we should raise or cut taxes, or how we can pound the deficits and a monster national debt into submission, ... MOREJacob Sullum: Fine Print In Government's Privacy Policy
How your life became an open e-book. In 1986 The American Banker defined E-mail as
"a trademark of CompuServe," Computerworld noted that
sending a single message required a 10-minute phone call, and
InfoWorld described "a pilot scheme that will allow users
of one system to send messages to mailbox holders on another." That
was the year ... MORECarbon Tax Could Come After Fiscal Cliff Deal
by William Bigelow. According to one former member of the White House Climate Change Task Force under President Clinton, President Obama may have plans to implement a carbon tax as soon as the fiscal cliff negotiations are settled. Forget the fact that Obama and his minions have repeatedly protested that they won’t press for a carbon tax, Paul ... MOREBrian Siegal: America Inching Toward Police State
Citizens under the microscope. Remember, remember the ninth of November. It was a day not unlike any other, but a day that is yet another constantly overlooked reminder of the terrible state of this great nation. It is the day David Petraeus’ resignation was accepted. So, wonderful American citizens, I’d like to take this time to have a ... MORE
Labels:
CIA,
FBI,
General Petraeus,
individual liberty,
investigation,
snooping,
spying,
surveillance
Marijuana Legalization Poses Threat To Prison Industry
For-profit prisons fear bleak outlook. Does the move toward legalization of marijuana pose a threat to the for-profit prison industry? On November 6th, voters in Colorado and Washington passed referenda legalizing the recreational use of marijuana. It is not clear yet how federal enforcement officials will respond to the new laws in practice, ... MORE
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