• Does a Down Economy Cause an Increase in Fraud?

    Two weeks ago the Association of Certified Fraud Examiners sent out a survey to members, attempting to determine whether a bad economy makes fraud rise. I’ve written about this topic before, and the truth is that there is no way […]

  • The idiots in Milwaukee government have finally won

    Wisconsin is one of the highest taxed states in the nation. If you live in Milwaukee, you’ve got it even worse. All taxes are through the roof… highest sales tax rate, highest property taxes, most “fees” that are nothing more […]

  • In Agreement: Overstock.com Sucks and Patrick Byrne is Wacky

    I’ve written plenty here about perpetual money-loser Overstock.com (NASDAQ:OSTK) and its wacky CEO Patrick Byrne. Unfortunately, I’ve mostly lost interest in the topic. Why? It’s the same old, same old. Overstock.com continuously loses money for shareholders. Byrne pretends that profits […]

  • Thank Obama for the stock market freefall

    From The Wall Street Journal: It’s hard not to see the continued sell-off on Wall Street and the growing fear on Main Street as a product, at least in part, of the realization that our new president’s policies are designed […]

  • A Politician Finally Talking Sense About Bailouts and Stimulus Funds

    Milwaukee County Executive Scott Walker had an opinion piece on the bailout madness in today’s Wall Street Journal. His legacy is holding the line of property taxes for Milwaukee County property owners. (i.e. He felt that we were already paying […]

  • Stick a fork in it: GM is done

    Today Reuters is reporting that General Motors Corp is going to be announcing a massive loss for 2008, and that their auditors (Deloitte) will be issuing a “going concern” warning. Essentially, that means that the auditors doubt GM is a […]

  • Obama’s promises of transparency were lies

    I suspect this comes as no surprise to most of my readers. In fact, Barack Obama was lying when he said that his administration would be transparent with consumers… offering them the chance to see exactly how bailout dollars were […]

  • Bailout “party watch” catches Wells Fargo bank

    Originally posted on WalletPop… Several banks are getting their fair share of negative publicity for engaging in questionable spending after accepting bailout money (compliments of the taxpayers). The bailout money was theoretically meant to help financial institutions stay in business […]

  • Barry Minkow was right about Microsemi CEO (big surprise)

    Another successful fraud investigation has been logged by ex-con Barry Minkow. In addition to the more than $1.8 billion in fraud Minkow is responsible for uncovering, he also proactively discovered faked credentials by several public company executives. One that caused […]

  • Scamming Wisconsin’s Welfare System

    Oops. We’re not really allowed to call it “welfare” anymore. That might hurt someone’s feelings.  Back in the 90’s Wisconsin changed the name from “welfare” to “W2” (which stands for Wisconsin Works – ha ha ha….) Wisconsin has long been […]