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Aug
18

Former federal litigator, Bill Black, discusses the failure of the SEC to punish those on Wall Street who gained at the nation’s expense.

Click here for Interview on NPR of William Black, former litigation director of the Federal Home Loan Bank Board in the Savings and Loan crisis of the 1980s. He gives two reasons for the failure of the federal government to adequately regulate the banks and to jail those who gained great wealth while causing serious economic harm to many others. This is one of the most significant instances in our nation...
Aug
13

Michele Bachmann and Dominionism: Christianity or a social-political philosophy whose stress is group belonging?

Click here for entire New Yorker article The making of a Republican front-runner. By Ryan Lizza Excerpts below. In 1976, like many other fundamentalist Christians, the Bachmanns supported Jimmy Carter, a born-again Baptist. The Bachmanns attended Carter’s Inauguration, in January, 1977. Later that year, they experienced a second life-altering event: they watched a series of films by the evangelist and...
Jul
30

Taxes, and a Dangerous Purity

Quote below is from the Sunday New York Times discussing Grover Norquist, America’s newest manifestation of Puritanism. Let all those who love good government remember: The British kicked the Puritans out of England. They were that dangerous. The Taliban and the Puritans are similar in their purity of moral intention. The problem is not in Norquist’s and the Tea Party’s having...
Jul
30

American media reports on Congressional inaction is not objective.

In observing the creation of a crisis by Tea Party adherents in Congress and more generally Grover Norquist and his anti-government zealots, I am noticing that the American media, including NPR and the New York Times, are continuing to report the situation as if both political parties and their leaders are equally to blame for the impasse. But based on reasonable criteria, we can easily argue that the...
Jul
19

The purpose of economic freedom in American capitalism.

The fact that the American political system; the Constitution, gives great protection to property ownership, e.g. capital, does not mean that earning and possessing capital or wealth is the purpose of that system. Many in our intellectual class on the right and many who are good at earning money seem to make a basic confusion concerning something that it at once simple but subtle. I am speaking of the...

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