oversight

Go Ahead and Sue

Mar 5, 2009
The Supreme Court stood by that most American of rights Wednesday -- the right to sue. By a 6-3 vote, the court decided that federal oversight and warning labels do not protect the pharmaceutical industry from lawsuits. The one-armed Vermont musician involved in the case was thrilled, and not just because she got to keep $6.7 million.

Billions Dished Out in the Shadows

Mar 4, 2009
We've already given AIG a total of $170 billion -- an amount that dwarfs the $75 billion allocated to helping those millions of homeowners facing foreclosures. And more will be thrown down the AIG rat hole because President Barack Obama is blindly following the misguided advice of his top economic advisers, who insist that AIG is too big to fail.
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Toxins ’R’ Us

Feb 25, 2009
The American Chemistry Council assures us that "we make the products that help keep you safe and healthy." But U.S. consumers are actually exposed to a vast array of harmful chemicals and additives embedded in toys, cosmetics, plastic water bottles and countless other products.

A Team of Zombies

Feb 6, 2009
Only weeks ago, the political world was buzzing about a "team of rivals," but instead President Obama has populated his administration with Bush yes-men and Wall Street kleptocrats whose discredited theologies cannot be killed.

Congress Sings the Bailout Blues

Jan 19, 2009
Want to know where the $350 billion banking bailout went and why it hasn't done a bit of good? Read, and weep over, this little-noticed report from the congressional panel set up to monitor the Treasury Department's distribution of our taxpayer funds.

Why I Am a Socialist

Dec 29, 2008
The free market and globalization, promised as the route to worldwide prosperity, have been exposed as a con game. We will either find our way out of this mess by embracing an uncompromising democratic socialism or we will continue to be fleeced and impoverished by our bankrupt elite.

Regulator Gave Blessing to IndyMac Shenanigans

Dec 23, 2008
The Treasury Department's inspector general has been looking into the failure of IndyMac, which set the taxpayers back $8.9 billion, and what he found isn't pretty. It seems a certain regulator let the bank present itself as "well-capitalized" when the truth was something entirely different.