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The Biggest Ponzi Scheme in History

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The Biggest Ponzi Scheme in History

Bernard Madoff’s $50 billion hedge fund scam is being called “the biggest Ponzi scheme in history.” Over the past ten years, Madoff scammed individual investors, hedge funds, and charities out of billions of dollars, embezzling money that was supposed to have been invested. When the stock market tanked in late 2008 and Madoff’s victims tried […]

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Bailout Crack

In a knee-jerk reaction to panic and fear over the current financial crisis, the government issued a $700 billion dollar bailout bill last week. Rather than considering the cause of the “toxic loans” at the heart of this crisis, Congress decided that it had to immediately do something—anything. What politicians fail to realize, however, is […]

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The Ponies Made Me Do It

Former NBA official Tim Donaghy was sentenced to 15 months in prison last week for gambling on NBA games, some of which he himself officiated. The interesting thing about this case is not the question of whether or not the defendant was guilty. This was not a “whodunit?” case; Donaghy openly admitted his guilt at […]

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Congrats, Valedictorian! Now Get Out of Our Country

A high school valedictorian in California, whose parents fled violence in Armenia when he was two years old, is being deported. Arthur Mkoyan dreams of applying to medical school after he finishes high school next week, but instead immigration officials plan to send him back to Armenia ten days after graduation. Arthur has petitioned California […]

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Jimmy Carter Embraces Terrorism

Former President Jimmy Carter, already famous for surrendering America’s interests to militant Islamists during the Iran Hostage Crisis in the late 70’s, is yet again betraying America. Last week, Carter met with Nasser Shaer, a senior Hamas politician, under the pretense of promoting “peace” in the region. Hamas, internationally recognized as a terrorist organization, has […]

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Praise Big Pharma

If you are sick, there is no better place and time to live than America in the 21st century. The past 50 years have witnessed an explosion of medical innovation in the West. Drugs have been developed to lower cholesterol, fight AIDS, and altogether eradicate some diseases. Pharmaceutical companies have invested, and are investing, tens […]

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The Super Bowl — “Giants” Among Men

Almost everyone loves the Super Bowl. Super Bowl Sunday has been an unofficial holiday in the United States for decades, and the Monday following the Super Bowl is the one day of the year employees are most likely to call in sick. On the list of the top 30 most watched television broadcasts of all […]

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Operation Iraqi Freedom: An Altruistic War

At the Veterans of Foreign Wars National Convention on August 22, President Bush spoke about the lessons of World War II, arguing that the U.S. occupation of Japan serves as a model for the current conflict in the Middle East. But the terrible state of the Iraq War makes it clear that he has not […]