In yet another display of the Texas judiciary's overt partisanship in the legal saga over Tom DeLay's alleged money laundering scheme during the 2002 Texas elections, a court of appeals overturned DeLay's conviction last Thursday.
One Catholic has been moved to do something about the Vatican's unpleasant facts. He's Pope Francis I, the first Jesuit to rule in the Vatican, and he's in the process of afflicting the comfortable. Life is imitating art.
While Congresswoman Michele Bachmann was announcing her retirement to much fanfare in the media, according to information given exclusively to Take Action News, the FBI was busy collecting potentially damaging evidence against her from two former campaign aides.
Two of the largest banks in the world, which reap massive explicit and implicit subsidies from the government, were criminal enterprises for at least a decade. Each engaged in violations that were vastly larger than Liberty Reserve.
The proposal, strongly supported by Treasury, will not work to prevent the biggest source of tax evasion -- multinational corporations use of transfer pricing to shift of profits to low or no tax countries -- and Treasury knows it and, indeed, has opposed OECD efforts to close that loophole.
The new Pope Francis is clearly a well-intentioned man. But all his austerity measures, personnel changes, and efforts at transparency will do little to change its century-old insolvency problem. Now, more than ever, the Vatican needs money.
As United Nations representatives meet to hammer out a Global Arms Trade Treaty (ATT) in New York this week, they must take into account the role of corporate secrecy in facilitating illegal arms trafficking and other crimes around the world.
As our government of the richest and mightiest country in the world is incapable of effecting retribution, we can only implore the divinity: please see to it that really bad things happen to these really bad people.
The West should do three things right away. First, we should eliminate anonymous shell corporations, so no criminal can hide nefarious actions behind an innocent-sounding Delaware LLC or Cayman Islands trust.