So Long, Charlie

March 10, 2010

Last week, the ethically challenged Rep. Charles Rangel, D-N.Y., asked Speaker Nancy Pelosi for a temporary leave of absence from his position as chairman of the House Ways and Means Committee until the ethics committee finishes its investigation of him. Given the number of Rangel’s alleged missteps, that could be awhile. The former chairman, who led the committee responsible for writing all of the nation’s tax laws, faces accusations regarding …

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Finance Oracles See Trouble Ahead For Greece

Finance Oracles See Trouble Ahead For Greece December 23, 2009

(Photo ©iStockphoto.com/mbbirdy) When most people think of Greece, they imagine warm ocean breezes and tranquil seaside fishing towns. But these days, when European leaders talk about Greece, the mood is anything but calm. After years of imbalanced budgets, government corruption and widespread tax evasion, Greece is now on the brink of a full-on financial crisis. The country’s debt totals 110 percent of gross domestic product. This year’s deficit is expected …

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