From the daily archives:

Tuesday, December 16, 2008

Greek Riots are a Harbinger of Things to Come

December 16, 2008

Riots have rocked Greece for over a week now — they’ve even taken over a TV station today.  On the surface, it seems like the police shooting of a 15-year-old sparked the whole thing, but the bitterness amongst the Grecian youth has been simmering for years and has finally erupted onto the streets.  The youth of Greece [...]

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The Real Ponzi Scheme

December 16, 2008

The news surrounding  the scam perpetrated by Bernard Madoff has been widely publicized in the last few days.  Madoff, using the classic Ponzi scheme, defrauded investors of over $50 billion dollars, possibly the largest private-sector scandal, and certainly the largest private-sector Ponzi scheme in history (of course, Washington stands by to give Madoff’s victims a [...]

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