According to a report in Business Week, consumer credit debt--especially revolving credit such as credit card debt--is mushrooming:

At the end of July, Michael E. O'Hanlon and Kenneth M. Pollack published an Op-Ed in the NY Times and elsewhere headlined A war we just might win. Its optimistic view of the current state of things in Iraq made war supporters ecstatic and caused mainstream media to pass on the observation that these were war critics, see, and even they think things are looking up. Of course, all was not what it seemed.

As WTW discussed not that long ago, Charter Schools seem ripe for the defrauding. Now the District of Columbia's former chief of the Office of Charter School Oversight has pled guilty to almost exactly the kind of fraud I was hypothesizing:

From Regnery Publishing, that bastion of intellectual rigor and commitment to truth and objectivity, comes the amazing new series that explains everything you wanted the ignorant public to think on just about every current politically controversial issue:

Influential liberal blogger Jerome Armstrong, the founder of MyDD and an originator of the netroots movement, has agreed to pay $29,000 in fines and penalties to settle a 2003 SEC suit accusing him of touting a stock on Internet message boards without disclosing his financial interest in the company.

Glenn Murphy Jr., who has been credited with reviving the Republican Party in in his Indiana county, and was recently elected president of the Young Republican National Federation (YRNF), has been accused by a 22-year old male of performing an unwanted sex act on him while he slept.

Because nothing in America is non-political these days, I'm betting that the collapse of the bridge in Minnesota will spark a really nasty political fight, and will do it sooner than later.

A few quotes from recent days and a few from the glory days of Fascism, on some of the religious right's favorite subjects:

According to the blog Iraq Slogger, a recent report from the Iraqi Red Cresent calls the displacement of Iraqis within the country a "Human Tragedy Unprecedented in Iraq's History."

David Brooks is one of the few people in the world who has the New York Times editorial page for a platform. Why he has it is anybody's guess, but it probably isn't because of his economic acumen, honesty or openness, judging from his latest column A Reality-Based Economy.

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