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More and more, we hear that nothing can be done to tax major corporations because of the threat of how they would respond. Likewise, we cannot stop their price gouging or even the government subsidies and tax loopholes they enjoy. For example, as the oil majors reap stunning profits from high oil and gas prices, we are told it is impossible to tax their windfall profits or stop the billions they get in government subsidies and tax loopholes. There appears to be no way for the government to secure lower energy prices or seriously impose and enforce environmental protection laws. Likewise, despite high and fast rising drug and medicine prices, we are told that it is impossible to raise taxes on pharmaceutical companies or have the government secure lower pharmaceutical prices. And so on.

In a stunning display of self-unawareness, The Atlantic's Jeffrey Goldberg pointed to last week's forced "resignation" by Dave Weigel from The Washington Post as evidence that the Post, "in its general desperation for page views, now hires people who came up in journalism without much adult supervision, and without the proper amount of toilet-training." Goldberg then solemnly expressed hope that "this episode will lead to the reimposition of some level of standards." Numerous commentators immediately noted the supreme and obvious irony that Goldberg, of all people, would anoint himself condescending arbiter of journalistic standards, given that, as one of the leading media cheerleaders for the attack on Iraq, he compiled a record of humiliating falsehood-dissemination in the run-up to the war that rivaled Judy Miller's both in terms of recklessness and destructive impact.

A father was dragged from his home and handcuffed in front of his children by a SWAT team looking for his estranged wife - to collect her unpaid student loans. A stunned Kenneth Wright had his front door kicked in by the raiding party at 6 am yesterday before being dragged onto his front porch, handcuffed and led to a police car with his three children. He says he was then detained for six hours while officers looked for his wife - who no longer lives at the house. Scroll down for video

The Register of Deeds of South Essex County, Mass. is waging war on the banks over predatory lending and mortgage fraud (via Total Mortgage). John O'Brien's case hinges on the fact that the MERS system set up to expedite the bundling of mortgage backed securities skirted numerous local transaction fees. O'Brien figures his town lost as much as $22 million in revenue since 1998. To get some of it back he commissioned an audit of 2010 mortgage assignments. 16% of the assignments were valid, 75% were invalid, and 9% were deemed questionable. Of those that are invalid, 27% were fraudulent, 35% showed evidence of robo-signing, and 10% violated the Massachusetts Mortgage Fraud Statute. The proper owner of the mortgages could only be determined 60% of the time. In a release by his office O'Brien said: "This evidence has made it clear to me that the only way we can ever determine the total economic loss and the amount damage done to the taxpayers is by conducting a full forensic audit of all registry of deeds in Massachusetts. I suspect that at the end of the day we are going to find that the taxpayers have been bilked in this state alone of over 400 million dollars not including the accrued interest plus costs and penalties. The Audit makes the finding that this was not only a MERS problem, but a scheme also perpetuated by MERS shareholder banks such Bank of America, Wells Fargo, JP Morgan and others. I am stunned and appalled by the fact that America's biggest banks have played fast and loose with people's biggest asset - their homes.  This is disgusting, and this is criminal."

Wow, I have to say that this actually stuns me a bit. Discussing Bachman's rather clever new meme about Obama wanting to destroy Medicare, Ezra Klein explains that she's right:

WASHINGTON –  The U.S. financial system expanded at a 2.8 % once-a-year charge from July as a result of September, a stunning indication of toughness forward of the 16-working day partial authorities shutdown. Exports rose, firms stocked up, property construction increased and point out and regional governments used at the swiftest rate in four years.