The 10 Biggest US Bailout Losses
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Corporate Personhood and the Misconceptions About It
One term which is often incorrectly inserted into political discourse is corporate personhood. Corporate personhood is a legal concept that arises from the extension of certain rights to market entities for the purpose of facilitating commerce and protecting individuals. Its application to campaign finance law has many erroneously rallying against the legal concept with slogans…
10 Outrageous But Forgotten Political Scandals
8. The Whiskey Ring In 1875 the Whiskey Ring scandal was exposed. A group of politicians tied to President Grant’s administration managed to siphon off millions of dollars of liquor revenue into their pockets through a system of bribes involving distillers, rectifiers, gaugers, storekeepers, and internal revenue agents. US Secretary of the Treasury Benjamin Bristow…
10 Women to Consider for the $20 Bill
Eleanor Roosevelt was probably the most influential American woman of the 20th century.
10 Unbelievably Dumb Quotes From Elected Leaders
8. Dan Quayle: “The Holocaust was an obscene period in our nation’s history. I mean in this century’s history. But we all lived in this century. I didn’t live in this century.” Vice President Dan Quayle stumbled through this gaffe on Sept. 15, 1988 during a press conference in Moore, Okla., in answer to a…
Higher Revenues with Lower Taxes? The Laffer Curve Explained
The idea that higher revenues can be raised by lowering tax rates seems counter intuitive to many. In fact, politicians who campaign on lowering taxes are often derided as liars, especially in light of budget deficits. It is often asked: how can anyone promise to cut taxes when the government is already short on revenue?…
10 Government Regulations Too Stupid to Believe
Photo by LaMenta3 8. Computer Repair in TX In Texas you must now acquire a private investigator’s license to repair computers. And that happens to be a pretty tough license to get. You need a degree in criminal justice or to have performed a three-year apprenticeship under a licensed private investigator. Because that apparently has…