Entries by Joe Miller

Crony Capitalism Alive & Well: Corzine’s MF Global May Have Paid Clinton Hundreds of Thousands Prior to Collapse

A former MF Global employee accused former president William J. Clinton of collecting $50,000 per month through his Teneo advisory firm in the months before the brokerage careened towards its Halloween filing for Chapter 11 bankruptcy. Teneo was hired by MF Global’s former CEO Jon S. Corzine to improve his image and to enhance his […]

Senator attempts to gut congressional insider trading ban

Peter Schweizer’s book, Throw Them All Out, has been a topic of much discussion in Washington, in no small part because of shocking details about how congressmen trade stock based on their private knowledge of how legislation will affect markets. Amazingly, this is completely legal. As I put it in an editorial in the current […]

Peter Schiff: “The Economy is About to Implode…We’re Not Even Near the Bottom Yet!”

“You Got this Occupy Wall Street crowd that wants to have a communist revolution,” says investment guru and outspoken defender of free enterprise Peter Schiff, “but hopefully we can have more of a free-market…second American revolution and understand all the pain we’re about to endure is because of government. It’s not because of capitalism.” Schiff […]

PA Senate Candidate Scaringi: US Citizens’ Rights Must Not be Surrendered in War on Terror

The “Father of the Constitution,” James Madison, wrote, “If tyranny and oppression come to this land, it will be in the guise of fighting a foreign enemy.” Regrettably, tyranny and oppression have already arrived in America in certain sections of the Patriot Act, the TSA’s invasive procedures at our airports and presidential-ordered assassinations of U.S. […]

Ron Paul: “Republican Candidates Just Represent The Status Quo”

Republican candidate for president Rep. Ron Paul (R-TX) appeared on CNBC to discuss the Federal Reserve and a worldwide quantitative easing, the 2012 field and an independent run for office. “That doesn’t mean a whole lot. That’s what they’re in the business of doing, and that is to inflate the currency to tide people over […]

Sen. Rand Paul, joined by only one Republican, loses battle against martial law legislation

Talk about strange bedfellows!  Rand Paul, Kentucky’s Republican Junior Senator, found himself teamed up yesterday with Senate left-wing Democrats and the ACLU, in a failed attempt to insert an amendment into the massive National Defense Authorization Act, which would have limited the federal government’s power to enforce martial law against American civilians. Sixteen Democrats and […]

House ethics committee considering full scale investigation into allegations against Alaska’s Rep. Don Young

The House Ethics Committee announced on Monday that it will take another 45 days to determine whether to launch full-scale investigations into allegations against Reps. Alcee Hastings (D-Fla.) and Don Young (R-Alaska). Reps. Jo Bonner (R-Ala.) and Linda Sanchez (D-Calif.), the chairman and the ranking member of the Ethics Committee, made the statement in response […]

S&P downgrades the credit ratings of dozens of banks

Standard and Poor’s downgraded the credit ratings of dozens of banks Tuesday, after applying new criteria to the world’s 37 largest financial institutions. Among those to suffer a ratings cut: Bank of America, Citigroup, Goldman Sachs (GS, Fortune 500), Morgan Stanley (MS, Fortune 500), Wells Fargo and JPMorgan Chase (JPM, Fortune 500). Ratings of Bank […]