Litigation

Obama: Poised, eloquent, and intelligent

Posted on October 02, 2008
Get Obama off a teleprompter, and he’s a disaster. 57 states. Massatoosets. George Bush’s fourth term. You get the picture. (Now I have to go find a couple of clips of Michelle Obama talking about going to a birFday party and referring to the middow class people...

Milwaukee school board member Charlene Hardin screwing taxpayers again

Posted on October 02, 2008
As if it wasn’t bad enough to go on a trip to Philadelphia paid for by taxpayers, but not attend the conference and instead make it a vacation…. Milwaukee Public Schools board member Charlene Hardin is now caught wasting more taxpayer money...

The $700 billion bailout should fail on its own merits

Posted on October 02, 2008
..not be passed through because of other legislation that the taxpayers deserve to have regardless of whether it’s attached to to bailout. This $700 billion (probably more like $1 trillion or $2 trillion) bailout that was passed by the Senate last night is really no better than what the House voted against just a couple of [...

The lure of multi-level marketing

Posted on September 30, 2008
I constantly marvel at how multi-level marketing (MLM) can continue to lure in millions of people a year, who collectively pump billions of dollars into these losers. Time and again, industry experts calculate a failure rate of 99% (failure = losing money on the deal) … And still consumers line up to sign up for [...

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Carnival of Fraud - September 29, 2008

Posted on September 29, 2008
Welcome to the September 29, 2008 edition of carnival of fraud. We’re a little skinny on submissions this week, as I messed up the posting dates… Allen in Fort Worth presents Have you paid off your Subprime Mortgages? posted at The Whited Sepulchre, saying, “why are taxpayers having to co-sign for fraudulent mortgages?” Sara Goldstein presents Bargain [...

The UFF Money Merge Account money shuffle explained

Posted on September 29, 2008
Guest post by Joe Taxpayer As I looked at multiple United First Financial agents? sites, I found the common thread was the claim that one simply can’t do this on their own, that the shifting of funds from a checking account, to a HELOC, and then to a primary mortgage somehow needed such a [...

Cookies and coffee now mean ?Come join our church.?

Posted on September 27, 2008
From the “how many ways can we waste taxpayer dollars” file… Daniel B. Kapustin has filed a complaint with the state’s Government Accountability board about the September 9 elections held at Christ the King Lutheran Church in Delafield...

Obama to McCain: You?re absolutely right.

Posted on September 27, 2008
©2008Sequence Inc. All Rights Reserved..

Mark Cuban?s idea on a private bailout of the financial sector

Posted on September 26, 2008
Mark Cuban has an idea: Let’s scrap this government bailout of the financial sector and instead make it private. Create an Exchange Traded Fund (ETF) that buys the distressed securities these companies want to get rid of, as well as all warrants and shares of stock in the companies themselves...

Jones Day lawsuit against Blockshopper contradictory argument

Posted on September 25, 2008
Recently, law firm Jones Day filed a lawsuit against Blockshopper.com, alleging service mark infringement, service mark dilution, false designation of origin and deceptive trade practices. What did the website owners do to merit the filing of this lawsuit? Blockshopper publishes publicly available information on real estate transactions...

The problem is not the funding formula!

Posted on September 25, 2008
Tonight the Milwaukee Public Schools board met to discuss the possibility of dissolving the district. The consensus is that they can’t do it. But the sheer ignorance is stunning. The sound bytes from board members went like this: “The problem is the funding formula...

Bailout to include consumer debt?

Posted on September 24, 2008
The Wall Street bailout, publicly estimated to cost taxpayers somewhere between $700 billion and $1 trillion or more, could end up to be bigger than we ever imagined. Now added to the bailout plan: student loans, auto loans, credit card debt, and other “troubled” debt...

Would you sleep on a wet mattress for 59 days for $295,000?

Posted on September 24, 2008
How much money would it take for you to agree to sleep on a wet matress for 59 days?  The mattress keeps getting wet over the 59 days, so it gets a little moldy and a little smelly. But would you do it for $295,000? A Wisconsin prisoner was just awarded $295,000 by a jury for [...

Somebody please check Henry Paulson

Posted on September 24, 2008
This whole “bailout” of the financial sector bothers me. It bothers me that as a taxpayer, I will be on the hook for a nice chunk of the $500 billion to $1 trillion that this will cost. (And the way things are looking, the cost looks to be closer to $2 trillion...

Carnival of Fraud - September 22, 2008

Posted on September 22, 2008
Welcome to the (late) Carnival of Fraud.. Wenchypoo presents Word of the Day: Decadence posted at Wisdom From Wenchypoo’s Mental Wastebasket. Sam E. Antar (former Crazy Eddie CFO and a convicted felon) presents Overstock.com (NASDAQ: OSTK) CEO Patrick Byrne Pays Utah Attorney General Mark Shurtleff to Defame a Blogger posted at White Collar Fraud...

The end of life as we know it

Posted on September 20, 2008
We now have a Socialist marketplace. I thought that the Democrats were the ones who would lead us there, but I was wrong. It is a Republican administration that has taken us down this road to ruin. N o longer does capitalism mean what it used to… that people worked hard to succeed, and determined their [...

Dissolve MPS? Yes, please!

Posted on September 20, 2008
Late this past week, the Milwaukee Public Schools board voted 6 to 3 in favor of “examining” the possibility of dissolving the district. This would be a sort of bankruptcy situation, and basically that is where the district is headed eventually...

The financial crisis: No downside for executives who have been paid millions

Posted on September 18, 2008
It?s easy to blame short sellers for troubles in the stock market. After all, they make money when a stock?s price goes down. That?s bad, right? No, not really. It?s no worse than the longs holding stock and hoping a company has good news so they can profit from stock prices going up...

Laptop computer searches: Homeland Security good, foreign governments bad

Posted on September 18, 2008
Mike Masnick at Tech Dirt alerts us to a very important development in the U.S. Government’s continued searching of laptop computers at the borders. (They might even take away your computer or Blackberry or other computerized device!) Travelers have had to watch officials literally go through data on their computers, or in other cases, have [...

John W. Dozier, Jr., Esq. of Dozier Internet Law, P.C. threatens to sue me

Posted on September 15, 2008
Attorney John Dozier is threatening to sue me over two articles posted here that referenced him. I really don’t like people making threats against bloggers who are exercising their constitutional rights. Yet I have better things to do than argue with Dozier...

Wauwatosa teachers doing less because they got a raise

Posted on September 14, 2008
You read that correctly. Wauwatosa, WI teachers are upset that they got an across the board 3.8% increase, so they’re doing less around the schools. Did you get a raise this year? How much was it? I’d put money on it that it was something less than 3...

The editing of the ABC Sarah Palin interview

Posted on September 14, 2008
I watched Charles Gibson interview Governor Sarah Palin with great interest. Yes, I thought he was hard on her, and I wondered how hard he has been on other candidates. (Turns out not hard at all, when you compare the questions from a recent interview Gibson had with Barack Obama...

You are not being constitutional!

Posted on September 13, 2008
This email I received does not really need any commentary from me: Info-Sequence, We have found that your shoptoearn blog operator is erasing 90% of all positive information in defense of Shoptoearn supporters. Their is a large group of people who belive in Shoptoearn and they recently were exposed to your business practices...

Charles Gibson and the media trying to make Governor Sarah Palin look foolish? but end up looking foolish themselves

Posted on September 13, 2008
As I watched a few segments of the interviews Charles Gibson of ABC had with Alaska’s Governor Sarah Palin (soon-to-be VP of the United States), I had this nagging feeling that Gibson was being condescending to her. I brushed it off, thinking that I was being too sensitive to the issue...

Usana Health Sciences distributor figures for September 2008

Posted on September 12, 2008
The 624,588 USANA (NASDAQ:USNA) distributors are ranked as follows: 383,124 unranked 84,413 Sharer 102,761 Believer 34,064 Builder 9,195 Achiever 4,277 Director 870 Bronze Director 4,487 Silver Director 902 Gold Director 268 Ruby Director 94 Emerald Director 133 Diamond Director & up What this means: 624,588 USANA Distributors Signed A Business Contract To Make Money 241,464 USANA Distributors received a commission check 383,124 USANA Distributors have never received a commission [...

Midwest Airlines pilots hold rally? Why?

Posted on September 11, 2008
I certainly respect the right of the Midwest Airlines pilots and their union to hold a rally. I respect their right to strike or otherwise express their displeasure with Midwest Airlines. But I have to ask… To what end is this being done? Like every other U...

Amway executives make Top 5 Scam Artists list

Posted on September 11, 2008
Published by Vue Weekly, a news source in Edmonton, the Top 5 Scam Artists list included Amway (Quixtar): Dick DeVos and Steve Van Andel are the inheritors of Quixtar, the company left to them by their billionaire fathers. Call it a pyramid scheme, call it multi-level marketing, or, better yet, call it by its original brand [...

Mannatech receives Wells Notice from SEC

Posted on September 10, 2008
In July of last year, the Attorney General of Texas filed a lawsuit against  multi-level marketing company Mannatech (NASDAQ:MTEX), alleging the company used illegal sales and marketing practices. Then in August, the company’s CEO, Sam Caster, stepped down...

The United First Financial limited guarantee

Posted on September 10, 2008
A comment today by one of our readers on this thread prompted me to take a look at the United First Financial money back guarantee. If you’re a customer of UFF, good luck trying to get your money back. Sure, it sounds nice that they offer your money back...

FACTS about Sarah Palin (something the left seems awfully interested in ignoring)

Posted on September 09, 2008
I’ve been asked: Is this a political site? I’ve been told: Politics have no place on your business site. No, this is not a political blog. And yes, politics have a place on this site. The blog is about fraud, and fraud isn’t limited to the business world...

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