Category Archives: Articles

Irreverent, entertaining, incisive articles on a variety of accounting and tax subjects.

LIBOR Contractions: Diamond Cracks. Who is Watching the Watchdog? Eliot Spitzer on Viewpoint with Matt Taibbi and Dennis Kelleher, July 3, 2012 and July 16, 2012. Videos.

‘The mob learned from Wall Street’: Eliot Spitzer on the ‘cartel-style corruption’ behind Libor scam. July 3, 2012. Who is watching the watchdog? July 16, 2012. Viewpoint on Current TV. Guests Matt Taibbi and Dennis Kelleher. Continue reading

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Maria Bartiromo accuses Eliot Spitzer of having a personal vendetta against the former CEO of AIG, Hank Greenberg: isn’t this the very same Hank Greenberg who was fined $15 million?!?!

Maria Bartiromo defends Hank Greenberg to Eliot Spitzer, and accuses Eliot Spitzer of having a personal vendetta against Hank Greenberg. Of course, Maria, Hank Greenberg is guiltless and Eliot Spitzer merely had a vendetta against this Wall Streeter. Everyone on Wall Street is guiltless, too, Maria. And, of course, your attack of Eliot Spitzer is not motivated by any personal motive, like a well-paying job on a Wall Street “news” channel, is it, Maria?! Continue reading

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The scary humor of Mitt Romney: where the heck is a time machine when you need one?

Mitt Romney, Bain Capital, the Blind Trust, the Retroactive Retirement Time Machine would be hilarious if his fictionalizations did not remind you of the fairy tales of Kim Jong! Continue reading

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Is Rocky Anderson the spoiler or the moral alternative in the 2012 Presidential election?

Is Rocky Anderson a spoiler in the 2012 Presidential election or is he the moral alternative that we must choose in order to save our country from its corrupt political and financial system Continue reading

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Republicans, conservative Democrats, Romney, Obama, continue to support the outsourcing of jobs with trade agreements unfair to American manufacturers

Congresswoman Louise Slaughter, member of the Democratic Progressive Caucus, discusses the need to change our trade agreements in order to advantage American manufacturers with Eliot Spitzer on Viewpoint, July 13, 2012. Continue reading

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Historical Facts Debunk Myth that Tax Cuts for the Rich Create Jobs

We have heard over and over again ad nauseum the Republican mantra that tax breaks for the rich will create jobs here in America. But historical facts show otherwise. Another myth is debunked. Continue reading

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Attorney General Eric Holder: the Slow and the Listless

On June 29th, the House of Representatives found Attorney General Eric Holder in criminal contempt of Congress; however, Cenk Uygur on The Young Turks holds Attorney General Eric Holder in contempt for not prosecuting any of the big bank executives for all of that mortgage and foreclosure fraud since he has been Attorney General of the United States. Continue reading

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Cutting taxes creates jobs: wrong! History shows the exact opposite!

Cenk Uygur debunks the tax myth of the Republicans that lowering taxes creates growth in the economy and jobs. History shows that quite the opposite occurs: when the tax rates are at their lowest levels, so are the rates of growth in Gross Domestic Product and employment. Continue reading

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Political campaign fundraising is basically legalized bribery

Cenk Uygur of The Young Turks on Current TV on July 9, 2012 reports on the political campaign fundraising occurring at the Hamptons where Mitt Romney raised $22 million over this past weekend. The rich are buying our democracy as we watch while the major media merely report the fundraising of Romney and Obama as a sporting match of two politicians to see who will win the contest of who will raise the most bribes in an election. Continue reading

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CEO pay is outrageous: 380 times more than that of average worker.

Cenk Uygur, the Aggressive Progressive, discusses the outrageousness of CEO pay and Golden Parachutes on The Young Turks, shown on Current TV on July 9, 2012. The 99% needs a raise. Continue reading

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