Sox First

There is plenty that's wrong with the US tax system. In fact, the country's dysfunctional system where the rich hardly pay any tax at all explains why the US economy is going down the toilet….

You have to hand it to the World Trade Organisation. More often than not, the WTO rules against health and environment policies.A case in point is the recent ruling that US measures to reduce teenage…

It's revenge time for British MPs. After years of being bullied and terrorized by Rupert Murdoch, British parliament is now moving to lock him out, permanently.The Guardian reports that the Brit…

Much attention these days is placed on homeland security spending. Deep cuts to US defence are now anticipated and that includes cuts to the $56.3 billion Homeland Security budget.How much of that m…

Amid all the debate about America's monster budget deficit and debt, the big issue is tax and how many American actually pay it. That's important because as reported here, the US congression…

Why isn't anything done about Wall Street's scandals? Rolliing Stone's financial writer Matt Taibbi has a new piece accusing the US Securities and Exchange Commission of destroying thous…

It's time to get even. Just a few weeks after it downgraded US credit for the first time in history, the US Securities and Exchange Commission is now investigating Standard & Poor's for …

The Wall Street Journal reports that US Treasury Secretary Timothy Geithner now plans to step down after they renegotiate the debt ceiling. Indeed, the story had such an impact that Geithner came ou…

Ratings agencies like Moodys, Fitch and Standards & Poor's have to take a large slice of the blame for the financial meltdown because they were so hopelessly conflicted. They knew there was …

After targeting Sony, hackers are now reported to be turning their attention to FBI sites. Still, you do have to wonder about outfits boasting about this stuff, how much of it can we believe?Partic…