Bernard Madoff, who is serving a 150-year sentence in North Carolina for running a fraud scheme that cost investors billions of dollars, was physically assaulted by another inmate in December, according to three people familiar with the matter. (more)
The Constitution gives Congress the exclusive power to decide how taxpayer money is spent. It may come as surprise, therefore, that House Republicans voted almost unanimously on March 11 to declare a moratorium on the practice of earmarking funds for specific projects. (more)
As if things weren’t tough enough for Bernie Madoff’s victims: Scam artists have created a faux website mimicking that of the agency handling claims for the swindler’s investors. (more)
“You’re asking us to find a needle in a haystack,” complained one Homeland Security type on TV. It is hard to know which one of 500,000 names on a “watch list” will be the one who makes a move to kill thousands of Americans. (more)
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