Rick Perry

Rick Perry's loose talk about Social Security being a ponzi scheme, is generating a lot of contrary ink, or electronic bits as the case may be. Cullen Roche has provided an excellent analysis, accompanied by a great discussion which begins this way.

”First of all, let’s get the definition of a ponzi scheme right. According to the SEC, a ponzi scheme is “an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors.” Quite simply, a ponzi scheme involves the promise of future payments that current returns do not justify.”

So, a ponzi scheme is:
-- an investment opportunity Read below the fold...

Burnt Orange Report is asking the question: has Texas' governor, Rick Perry, desperate to keep his job, undertaken Nixonian tactics?

Short answer: Sure looks that way. The Cameron Todd Willingham execution in 2004 has attracted attention -- but there're more examples, and the Willingham case appears now to be the one that's picked up public notice. Read below the fold...

Jim Dunnam, D-Waco, had this to say in response to Rick Perry's outstanding example of poor sportsmanship, poor statesmanship, and lack of forethought, reflection, or candor in his recent stealth-secession speech at an Austin Taxed Enough Read below the fold...

Is Texas looking out for you? Health-care outsourcing is rolling on, but many patients suffer from silent treatment

Evercare of Texas was supposed to coordinate medical and long-term care for more than 80,000 elderly, blind or disabled North Texans. "We help make it easier to get the care you deserve," the company promises on its Web site.

For many Texans, it hasn't worked out that way.

Read below the fold...