That may be true, but all bubbles to eventually burst, all Ponzi schemes do collapse. The only question is when. For those of us not on the verge of retiring, the sooner we have this day of reckoning and get it over with, the better.
Confessions Of A Wall St. Nihilist: Forget About Goldman Sachs, Our Entire Economy Is Built On Fraud
Pope Reins In Catholic Order Tied to Abuse
Pope Benedict XVI on Saturday took control of the Legionaries of Christ, a powerful and wealthy Roman Catholic religious order whose founder, a friend of Pope John Paul II, was found to have molested seminarians and fathered several children.
The move constituted the most direct action on sexual abuse since the most recent scandals have engulfed the church and prompted criticisms of the pope’s own handling of such cases as an archbishop in Munich and as a cardinal who led the office reviewing many sexual abuse charges.
FDA investigating recall of children's medicine
The Food and Drug Administration said Saturday it was investigating a health-care company for possible other problems following its recall of more than 40 over-the-counter infant's and children's liquid medications.
McNeil Consumer Healthcare, based in Fort Washington, Pa., issued the voluntary recall late Friday in the United States and 11 other countries after consulting with the FDA. The recall involves children's versions of Tylenol, Tylenol Plus, Motrin, Zyrtec and Benadryl, because they don't meet quality standards.
Sexual abuse scandal rocks Boy Scouts of America after $18.5m payout
America's Scouting movement is fighting to keep secret thousands of "perversion files" on suspected child molesters after it was ordered to pay record damages over the sexual abuse of a former Scout.
Radical Muslim group run by Israeli Jews!
The Radical "Muslim" Group That Threatened South Park Creators Was Founded and Run by Joseph Cohen, a Former Israeli Radical Who Used to Live in a Settlement in the West Bank. Fundamentalist Jews who pretend to be Radical Muslims, a growing problem...
Frankie Boyle responds: 'The BBC are cowards'
Yesterday the BBC issued an apology for a joke told by Frankie Boyle on Radio 4 comedy programme Political Animal in 2008.
Today, however, the controversial comedian has lashed out at the BBC, branding them 'cowardly' and 'cravenly afraid of giving offence' after censuring one of his jokes.
Goldman didn't tell SEC about mortgage moves for months
In December 2006, Goldman Sachs embarked on a frantic effort to shed billions of dollars in risky mortgage securities and purchase exotic insurance to protect itself against what it had concluded could be the collapse of America's housing market.Yet for nine months, until Sept. 20, 2007, the Wall Street giant didn't disclose its actions in key filings with the Securities and Exchange Commission, in telephone conferences with analysts or in its press releases.
Health Ministry Finds that Fluoridation Does Not Reduce Tooth Decay
Statistics from a study conducted by the New Zealand Ministry of Health suggest that there are no advantages derived from fluoridation. These statistics actually match similar arguments set forth by the American Dental Association.
Arizona police chief criticizes immigration law
The police chief of Arizona's largest city said on Friday the state's controversial new crackdown on illegal immigrants would likely create more problems than it solved for local law enforcement.
The remarks by Phoenix Police Chief Jack Harris came as U.S. Senate Democrats vowed to push ahead with their uphill bid to pass legislation this year overhauling the nation's immigration laws, saying the furor in Arizona has given them a lift despite a lack of support from Republicans.
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