The Securities and Exchange Commission is once again under fire for ethics charges. Just two years ago, the agency was implicated for its failure to detect Bernard L. Madoff’s Ponzi scheme. Now, it’s SEC Chairwoman Mary Schapiro (pictured) who is under Congressional scrutiny for hiring David M. Becker — a man with financial connections to Bernie Madoff’s Ponzi scheme — as SEC’s general counsel.
While more and more lawmakers seem to be coming to terms with the dire straits of the American economy and the impossibilities of sustaining the deficit, few seem prepared to do what is necessary to resolve the problems.
James O'Keefe, the young conservative journalist who brought down ACORN in a series a secretly recorded videos, has done it again. This time, he bamboozled two top executives of National Public Radio into having lunch with members of a fictive Muslim educational organization supposedly founded by a member of the Muslim Brotherhood.