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09.30.2009 9:01 pm

TARP turns 1 with a lot of work undone

Neil Barofsky, Special Inspector General for TARP. (Alex Wong/Getty Images)

Neil Barofsky, Special Inspector General for TARP. (Alex Wong/Getty Images)

A year ago Tuesday, the U.S. House of Representatives rejected the Bush administration’s proposed $700 billion financial bailout plan, causing the largest one-day point drop in Wall Street history and the loss…

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09.30.2008 9:05 pm

Wednesday editorial: Senator Smug

U.S. Sen. Christopher "Kit" Bond

U.S. Sen. Christopher"Kit" Bond

Thanks to its senior U.S. senator, Republican Christopher S. “Kit” Bond, Missouri earned last-minute inclusion in the national scandal over the Bush administration’s politically motivated firings of U.S. attorneys.

“The Purge,” as it was known when the story broke…

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09.18.2008 9:00 pm

Friday editorial: Expensive mistakes

tshirt_opt.jpgIn a recent experiment, the Treasury Department’s tax watchdogs tested the competence of a small sample of commercial income tax preparers. The result: The preparers made mistakes on two-thirds of the returns.

So why, it’s worth asking, do taxpayers pay preparers an average…

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07.29.2008 11:11 am

Searching for political enemies … and friends

St. Louis Post-Dispatch

Justice department seal cufflinksThe U.S. Department of Justice’s inspector general and Office of Professional Responsibility issued their report yesterday into how politics illegally figured in the department’s hiring of civil service career employees.

An item in the report that tickled me was how this lawless hackery…

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07.08.2008 9:53 am

Tuesday’s editorial: Flying cracked

The Federal Aviation Administration has a goal of customer satisfaction. Lest that make you feel all warm and fuzzy, consider that the customer it wants to satisfy isn’t you, the passenger. It’s the airline industry.
Understand that, and you understand the…

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