The Burying of the Financial Crisis Inquiry Report

Late last month, the US Financial Crisis Inquiry Commission issued the first official report on the causes of the 2008 financial meltdown. The report is devastating. The commission interviewed over 700 witnesses, held 19 days of public hearings, and investigated millions of documents. Based on this research, it gives a fairly accurate picture of the fraud and criminality that led to the greatest financial catastrophe since the Great Depression.

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Actually, The Retirement Age is Too High

The most dangerous conventional wisdom in the world today is the idea that with an older population, people must work longer and retire with less. This idea is being used to rationalize cuts in old-age benefits in numerous advanced countries -- most recently in France, and soon in the United States. The cuts are disguised as increases in the minimum retirement age or as increases in the age at which full pensions will be paid.

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