Obama and Math

Yesterday, at a rally in Ohio, our President told the crowd that ObamaCare will reduce health insurance premiums by “3,000 percent.” Of course, that would mean the federal government would be paying us to have health insurance.  AmericanThinker.comdid a little math to illustrate just how much money those of us …

Accounting Fraud and Short Sellers

Fascinating discussion Friday on CNBC about the falsification of Lehman Bros. balance sheets prior to their collapse.  The fraud was completely missed by regulatory agencies despite extensive government oversight by the SEC and the NY Federal Reserve, who had regulators inside Lehman after the Bear Stearns meltdown.  Sarbanes-Oxley, put into …