By Timothy R. Smith
An investigation by the inspector general of the General Services Administration found rampant abuse of an employee awards program of the agency’s Pacific Rim region, the same region that has come under fire for spending more than $800,000 on a Las Vegas training conference for 300 employees.
The report on the “Hats Off” employee recognition program, obtained by The Washington Post, found numerous violations of agency directives, theft and misuse of [...]
The OWS demonstrations have been peaceful and important for this country’s future health. There is ample evidence of rampant abuse of capitalism – and avoidance of the consequences by those that commit the crimes. The support of those perps by entrenched operatives in government paid off by business interests that own the country is blatant. This is what, in part, OWS is about.
Privatizing the profit and socializing the losses; those [...]
by Charles Hugh Smith from Of Two Minds
Welcome to the Age of Instability
The phony fixes have failed, and the dam of toxic sludge and debt is leaking; instability will be the New Normal until the dam finally bursts and the financial Status Quo is swept away.
If you liked the past two weeks, you’re going to love the next two years: welcome to the age of instability. As [...]