The Worden Report
Friday, May 21, 2010

U.S. Senator Rand Paul on Civil Rights and the BP Explosion

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U.S. Sen. Rand Paul (R-KY), was the Tea Party candidate who challenged the Republican establishment to win the party’s Senate nomination in...
Wednesday, May 19, 2010

On the Differential Impact of Pro-Business Cultural Values on Financial Regulation in the EU and US

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On May 18, 2010, the German state legislature banned naked short-selling of certain euro-debt and credit-default swaps, as well as some fin...
Thursday, May 13, 2010

Regulatory Capture Realized: The Oil Industry and the MMS Regulatory Agency

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On May 11, 2010,  U.S. Dept. of the Interior Secretary Ken Salazar announced that he would separate the public safety and environmental enf...
Saturday, May 1, 2010

Is the Moneyed Interest Oriented to Ending American Federalism?

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James Madison wrote in Federalist #10, “a rage for paper money, for an abolition of debts, for an equal division of property, or for any ot...
Sunday, April 25, 2010

Fraud as Fair: Lehman as Beneficiary of Society's Pro-Business Cultural Values

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In April, 2010, Richard Fuld, the former CEO of Lehman Brothers, told a congressional committee that he had "absolutely no recollectio...
Thursday, April 15, 2010

The General Welfare Clause: Is the Power of Congress Constitutionally Unlimited?

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Art. 1, Sec. 8. of the US Constitution: Congress “shall have Power to lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts ...
Tuesday, March 30, 2010

The Conflict of Interest in a Silent Oligarchy Being Engaged in Its Public Policy

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Goldman Sachs, which had played a role in enabling Greece to hide its public debt, urged investors in March of 2010 to buy shares in two big...

Regulating Commerce by Mandate: The Death of American Federalism?

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The mandate to buy health-insurance may be an unconstitutional encroachment of the U.S. Government onto the liberty of its citizens. Furthe...
Thursday, March 25, 2010

On the Health-Insurance Mandate: Nullification or Judicial Review?

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A Republican U.S. President pushes hard for the U.S. Government to play a more active role in K-12 education under the rubric of “No Child ...
Monday, March 15, 2010

Lehman Bros: Insufficient Accountability in Corporate Governance

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In an executive meeting at Lehman in the summer of 2008, Skip McGee told Richard Fuld and the other top executives that the market was dema...
Saturday, February 6, 2010

Unaccountability at Bank of America

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Andrew Cuomo, who was the Attorney General of New York in February of 2010, filed suit then against Bank of America and two of the bank’s e...
Thursday, January 21, 2010

The Aristocracy of the Moneyed Corporations

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“I hope we shall crush in its birth the aristocracy of our moneyed corporations.”  Thomas Jefferson In Citizens United v. FEC on Januar...
Wednesday, January 20, 2010

A Tax Unfair to Big Banks?

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In a political economy in which large concentrations of privately-held capital, such as that of a bank or large corporation, can legally mak...
Monday, January 18, 2010

Political Campaign Coverage: A Question of Substance

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Popular election presumes meaningful discourse on current issues and political philosophy so the voters can distinguish the candidates.  To...

Hints of a Shift Back to Federalism?

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In the US Senate race in Massachusetts between Scott Brown and Martha Coakley, there was some resistance to the proposed federal health car...
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