December 2011
19 posts
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Man Accused of Running $7 Billion Ponzi Scheme... →
R. Allen Stanford says that a combination of a prison fight and an addiction to antianxiety medication has caused him to have retrograde amnesia. A prison psychologist says that type of amnesia is “incredibly rare.” He added, “There is hardly any documented medical research.” A hearing is being held to evaluate his mental state. Read more here.
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“A prosecution of Julian Assange would come at a tremendous cost to the interests...”
– P.J. Crowley, former chief spokesman for Secretary of State Hillary Clinton. Read more in the story - U.S. Official Debate Charging WikiLeaks’ Assange.
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Bailout Total: $29.616 Trillion Dollars →
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A Story of How Wall Street Gets Inside Access to... →
Nearly a dozen senior staff at the Centers for Medicare and Medicaid Services (CMS), the giant agency that administers hundreds of billions in federal health care dollars, had been called to a meeting. After a discussion with five Wall Street professionals that lasted nearly two hours, one senior CMS analyst filed an ethics complaint that later went to the Office of Inspector General (OIG) of...
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U.S.'s Afghan Headache: $400-a-Gallon Gasoline →
That’s what happens when you have to airdrop fuel instead of driving it in.
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The Whistleblower Who Fell Through the Cracks →
On a hot, parched day in June 2004, a convoy of Humvees was making its way across Iraq’s Sunni Triangle when a roadside bomb exploded, mangling the head vehicle and knocking lead gunman Mike Helms unconscious. The force of the impact blew 2,000 rounds of ammunition from the Humvee. The other soldiers, seeing Helms’ limp frame, thought he was dead.
Helms, an intelligence specialist deployed to the...
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Smackdown of the day: Bloomberg vs the Fed →
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“Politics needs the problem more than it needs the solution.”
– Former Deputy Defense Secretary John Hamre on why he has never been more alarmed at the state of politics than now. Read more of his thoughts at The Hill.
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“There is no official number that tells American citizens how much our government...”
– The Ploughshares Fund, defending their assertion that the government will spend $700 billion over the next 10 years on its nuclear weapons arsenal. Read more on the POGO blog about the secretive spending on nuclear weapons.