The Federal Observer

Re-examining 'Truth' in America

Hirschhorn: Real, Uglier American Unemployment

The Publisher | February 23, 2010

Can you trust national averages?  As bad as the jobless data you hear are, you have not been told the whole truth.  If you think the terrible impact of America’s Great Recession is shown by an official unemployment rate of about 10 percent, think again.
Economic inequality and the myth of Reagan trickle down logic are [...]

Driessen: Disclosing the real risks of climate change

The Publisher | February 8, 2010

SEC says companies must disclose risks due to climate change. Seize the opportunity.
We are not weighing in on the climate debate. We are not opining on whether the world’s climate is changing, at what pace or due to what causes, Securities and Exchange Commission Chairman Mary Shapiro insisted on announcing the SEC’s new “interpretive [...]

Hirschhorn: Fixing A Bad Supreme Court Decision

The Publisher | January 28, 2010

Yes, they came in the back-door, alright…
Sensible, intelligent Americans are furious over the recent Supreme Court 5-to-4-decision referred to as Citizens United v. Federal Election Commission that struck down limits on corporate spending in presidential and congressional elections.  Those of us who wail against the corpocracy with its corruption of government could hardly believe that [...]

Caruba: The Bill Comes Due for Socialism

The Publisher | January 24, 2010

“The problem with socialism is that you eventually run out of other people’s money.” - Margaret Thatcher, former British Prime Minister
It began as a beautiful cruise to a land of “hope and change”, but it has become a nightmare in which the ship of state is being deliberately steered toward a whirlpool of debt from [...]

Jan. 22, 1950: Jury Acquits Tucker of Fraud

The Publisher | January 21, 2010

1950: Along with seven business associates, Preston Tucker — founder and namesake of the Tucker Car Corporation and the creator of the ultramodern Tucker ’48 sedan — is found not guilty of 25 counts of mail fraud, five counts of violating SEC rules and a single count of conspiracy to defraud.
The company, however, would not [...]

Driessen: Not exactly Mother Teresa

The Publisher | January 17, 2010

Unethical Greenpeace actions threaten the livelihoods and lives of millions.
Should corporate ethics principles apply only to profit-making companies? Or should they also cover nonprofit corporations, especially those that badger for-profits to be more “socially responsible”?
Should corporations be judged partly on creating jobs, supporting communities, or improving and saving lives? And should nonprofit corporations be penalized [...]

Stuter: A Question of Integrity

The Publisher | January 13, 2010

The following e-mail was sent to Glenn Beck on January 8, 2010.
Dear Mr Beck,
A colleague forwarded to me the following e-mail, received from you:
From: Glenn Beck
To: Listener
Sent: Monday, January 04, 2010 2:19 PM
Subject: Glenn returns fired up, ready to go
“Birthers Birthing
Just like the notorious ’seminar callers’ Rush talks about, there is a new type of [...]

Dear Bank of America, I’d Like to Schedule a Default

The Publisher | January 9, 2010

Dear Bank of America;
Hi, it’s me, your customer Austin. I’m writing to schedule my mortgage default.
That’s right, I’m ready to schedule my mortgage default. Does that sound strange?
Well, believe me, Bank of America, I had hoped that our relationship wouldn’t come to this. But after months of trying to do business with you, I’ve decided [...]

Hirschhorn: American Disappointment

The Publisher | January 1, 2010

My anger has morphed into sadness, heartbreak actually. As the decade of zeros ends I see nothing but a tragic, historic and deadening American Disappointment, a terrible replacement for a once noble American Dream. The Great Recession was merely one symptom of the nation’s slide into slime, a quicksand created by the two-party [...]

Lewis: A Matter of Citizenship

The Publisher | December 30, 2009

A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the [...]