True Love (And Congress)

by sarabeth

It’s okay. We’re still a family blog. The headline does not refer to sexual congress (even if the content of the post — about no-longer-Sir Allen Stanford, and his relationships with important people in Congress — does call for a nullus).
True love is so touching, especially in Congress:
Just hours after federal agents charged [...]

How To Steal $107 Million And Make A Clean Getaway

by sarabeth

Over the weekend, we got to celebrate not just Labor Day but also the first anniversary of the taxpayer takeover of Fannie Mae. Which led the NYT’s Gretchen Morgenson to reflect on an earlier capital crime at Fannie Mae.
Franklin D. Raines used to be the chairman and CEO of Fannie Mae. Together with [...]

SEC Bash Makes SEC-Bashing Way Too Easy

by sarabeth

Never underestimate the tone-deafness capacity of federal agencies, especially those that might have special reason not to be tone-deaf, because of recent widespread negative publicity.
By all accounts, it was an excellent evening. For the 75th anniversary of the Securities and Exchange Commission, the SEC’s Historical Society — an independent, nonprofit organization — threw a lavish [...]

Ensign Payoff Is Transparent Tax Dodge

by sarabeth

The Republican Party’s ongoing Sex Scandal Duel between Erstwhile Presidential Candidates took an uncomfortable turn for John Ensign yesterday, making him the runaway star of the news cycle.
Nevada Sen. John Ensign has acknowledged that his parents paid his mistress and her family $96,000 in April 2008, according to a statement made by his attorney moments [...]

Laughing All The Way To Jail

by sarabeth

I find it comical to see Bernie Madoff’s victims — and all the invincible champions of Truth and Justice — celebrating Madoff’s 150-year sentence. After laughing all the way to the banks for years (those would be the banks where the billions he stole still remain safely stashed away), I think Bernie is now [...]

Tax-free No-bid Cost-plus Government Contracts

by sarabeth

ABC News brings us a couple of juicy tidbits about “the two psychologists credited for being the architects of the CIA’s brutal interrogation program after 9/11″:
Dr. James Mitchell and Dr. Bruce Jessen, who suggested and supervised waterboarding at secret prisons around the world … according to their associates, boasted of being paid $1,000 a day [...]

A Glimpse Into The Soul Of George W. Bush

by sarabeth

Former Guantanamo detainee Lakhdar Boumediene is in the news again, thanks to an exclusive interview with ABC News.
Boumediene is best known for Boumediene v. Bush, the case in which the Supreme Court ruled in June 2008 that Guantanamo detainees have the right to habeas corpus.
Boumediene was transported to Guantanamo in 2001 on what appear to [...]

On The Genetic Persistence Of Compulsive Delusional Revisionism

by sarabeth

There must be a Compulsive Delusional Revisionism gene. And Liz Cheney seems to have inherited it. On Thursday, she denied all those scurrilous allegations that Dick Cheney ever pushed a non-existent connection between Saddam Hussein and 9/11.
MSNBC’s Andrea Mitchell asked Liz Cheney whether her daddy’s statement at the National Press Club [...]

Cheney’s Heavy But Invisible Hand

by sarabeth

Three weeks ago, Col. Lawrence B. Wilkerson, former chief of staff to Secretary of State Colin Powell wrote:
Third–and here comes the blistering fact–when Cheney claims that if President Obama stops “the Cheney method of interrogation and torture”, the nation will be in danger, he is perverting the facts once again. But in a very ironic [...]

Compulsive Delusional Revisionism

by sarabeth

For almost eight years, Cheney took the high road and maintained an honorable silence on the subject. This man couldn’t maintain a dignified, honorable silence for even six months on the policies of the Obama administration. Imagine what it must have taken for him to sustain a dignified, honorable silence for almost eight [...]